Search found 56286 matches

by livesoft
Wed Nov 22, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Public or Montessori Private School
Replies: 9
Views: 352

Re: Public or Montessori Private School

We sent our daughter to the absolutely best private kindergarten in our county. She had to apply, pass exams, and get interviewed (and so did her parents). After that kindergarten we sent her to public school for grades 1-12. At the time in our area, private kindergarten was a full-day program, but ...
by livesoft
Wed Nov 22, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Did you end up overfunding a 529?
Replies: 10
Views: 549

Re: Did you end up overfunding a 529?

Maybe. My son has about $9,000 in expenses to go for an undergraduate degree, but more than $26,000 in his 529 plan. He should go on to graduate school though. My daughter went to a more expensive university with about the same assets in her 529 plan. When she received her M.S. her 529 plan was exha...
by livesoft
Wed Nov 22, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 146
Views: 15769

Re: Case study Broker trade executions

Since TDAmeritrade now has DGS on its no-commission list, I decided to start purchasing shares of DGS at TDAmeritrade. I like the amount of shares that I already have, so I don't want to change the number of DGS shares I own in total across all my accounts now. Thus, when I bought shares of DGS at T...
by livesoft
Wed Nov 22, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: How do you define success in your life?
Replies: 42
Views: 1278

Re: How do you define success in your life?

Ron wrote:
Wed Nov 22, 2017 12:02 pm
After (almost) seven decades, I'm still waiting :oops: ...

- Ron
Then I must take you to lunch sometime. When are you available?
by livesoft
Wed Nov 22, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Transfer to a Vanguard Brokerage account?
Replies: 11
Views: 417

Re: Transfer to a Vanguard Brokerage account?

FWIW, I will probably acquiesce after the last December distribution is paid for the one fund in our Vanguard taxable mutual fund account. That way, I should not receive two different 1099-DIVs for that account: one for the pre-transition mutual fund distributions and one for the post-transition mut...
by livesoft
Wed Nov 22, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Any need for professional tax preparer?
Replies: 10
Views: 474

Re: Any need for professional tax preparer?

I don't see a need for a professional tax preparer. They make lots of mistakes anyways. If you wonder about TaxAct, just get another tax software to see if it makes a difference. Sometimes the "interview" questions highlight something that you didn't think about, but generally not. They all end up w...
by livesoft
Wed Nov 22, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: How do you define success in your life?
Replies: 42
Views: 1278

Re: How do you define success in your life?

Ron wrote:
Wed Nov 22, 2017 11:00 am
I don't. That's a question for others to answer, about me.

- Ron
Yes, I agree. So how often do folks take you to lunch or ask to have a photo taken with you? :)
by livesoft
Wed Nov 22, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Slanting International geographically or regionally
Replies: 11
Views: 218

Re: Slanting International geographically or regionally

TheTimeLord wrote:
Wed Nov 22, 2017 11:01 am
I was considering using VXUS the baseline and would consider any regional holdings in addition to my VXUS to be a slant towards that region and away from the other regions.
VXUS may already be slanted due to Brexit, Grexit, and other things.
by livesoft
Wed Nov 22, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Transfer to a Vanguard Brokerage account?
Replies: 11
Views: 417

Re: Transition to a Vanguard Brokerage account?

This is the old upgrade notice from Vanguard that has had many many bogleheads.org threads about it. In the early days of these notices posters were mildly upset, but mostly folks have acquiesced on the issue. BTW, the thread title is "Transfer", but the Vanguard message is "Transition" which is not...
by livesoft
Wed Nov 22, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Slanting International geographically or regionally
Replies: 11
Views: 218

Re: Slanting International geographically or regionally

How would you know if you are slanted regionally anyways? What tool or metric would you use to analyze your portfolio that would tell you that? And why would you believe such a tool, calculator, or metric anyways? I'll add a couple of figures to this post in a moment. Vanguard Portfolio Watch has th...
by livesoft
Wed Nov 22, 2017 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 49
Views: 3316

Re: Advice to become wealthy

For many people, simply growing old makes them wealthy in their minds and often in their pocketbooks as well.
"Time isn't holding us; time isn't after us." -- Talking Heads

https://www.youtube.com/watch?v=98AJUj-qxHI

"Same as it ever was."
by livesoft
Wed Nov 22, 2017 7:21 am
Forum: Investing - Help with Personal Investments
Topic: FTIPX in tIRA, any concern about foreign tax?
Replies: 4
Views: 189

Re: FTIPX in tIRA, any concern about foreign tax?

I also don't worry about having international in an IRA, 401(k), Roth or other tax-advantaged account. Of course, if I have a fund in a taxable account, then I take the foreign tax credit if my 1099-DIV shows I paid foreign taxes. What I do worry about is having too many foreign dividends in taxable...
by livesoft
Wed Nov 22, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 21
Views: 985

Re: Minimizing capital gains assuming FIFO basis

libralibra wrote:
Wed Nov 22, 2017 4:24 am
You could quickly complete your non-FIFO tax loss harvesting now, before you have to make that "assumption".
Folks should complete their tax-loss harvesting each year anyways. Indeed, with prices where they are today, there should be no tax-loss harvesting opportunities at the present time.
by livesoft
Tue Nov 21, 2017 10:17 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 21
Views: 985

Re: Minimizing capital gains assuming FIFO basis

One is using FIFO, not average cost. :) To me First-In, First-out identifies the shares sold and NOT the Cost Basis Method. For mutual fund (but not stocks and not ETFs), the First-In shares could have a cost basis method of Average Cost or Actual Cost. Stocks and ETFs must use Actual Cost no matte...
by livesoft
Tue Nov 21, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: DISTRIBUTIONS
Replies: 8
Views: 738

Re: DISTRIBUTIONS

I do Roth conversions, but I pay the tax with money that doesn't come from the IRA.

But your post is quite uninformative.
by livesoft
Tue Nov 21, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: Minimizing capital gains assuming FIFO basis
Replies: 21
Views: 985

Re: Minimizing capital gains assuming FIFO basis

If one is using Average Cost and has purchased shares recently at a higher price than the First In shares, then that will help minimize capital gains. Otherwise, sell fewer shares which will also minimize capital gains.
by livesoft
Tue Nov 21, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: IRA at TIAA - optimize expense charges?
Replies: 6
Views: 329

Re: IRA at TIAA - optimize expense charges?

I have had money at TIAA for more than 30 years. I would rollover the IRA to Vanguard.

Did you see this about TIAA? -> https://www.nytimes.com/2017/11/13/your ... -403b.html
by livesoft
Tue Nov 21, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Best Taxable Account Option - Vanguard Core Bond, REIT, or Global Wellington
Replies: 9
Views: 721

Re: Question about Best Taxable Account Option - Vanguard Core Bond, REIT, or Global Wellington

You should adjust your desired funds and perhaps your desired asset allocation. In my mind, an asset allocation is not a list of funds, but a list of asset classes. For instance bonds is an asset class or maybe fixed income is really the asset class. Since your Core Bond and Wellington have fixed in...
by livesoft
Tue Nov 21, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

I think turning a ~4% YTD into a personal one that is 3x that, via turnover, is more impressive than getting lucky and going all in 3 months ago. I don't know. Think of the possibilities: Trade (churn) 6 or 7 times with no gains or small losses, but end up with a buy 3 months ago and hold until tod...
by livesoft
Tue Nov 21, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Transportation from Orlando Airport to Port Canaveral
Replies: 5
Views: 472

Re: Transportation from Orlando Airport to Port Canaveral

Doesn't cruisecritic.com have all the answers?
by livesoft
Tue Nov 21, 2017 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

I am not recommending anything in the traditional sense. I don't recommend Buy, Hold, and Rebalance in the traditional sense. And I don't recommend Market Timing in the traditional sense.
by livesoft
Tue Nov 21, 2017 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Do I need a cash reserve
Replies: 7
Views: 840

Re: Do I need a cash reserve

You don't need a cash reserve. Period.

See also: https://earlyretirementnow.com/2017/03/ ... h-cushion/

I predict that you will keep hearing conflicting things about a cash reserve.
by livesoft
Mon Nov 20, 2017 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Help w/ NY state tax return and attachments
Replies: 3
Views: 321

Re: Help w/ NY state tax return and attachments

Thanks for all the responses. HRBlock tax software would not allow e-filing because of the Attachment for Line 18. I think there will always be at least 2 adjustments for Line 18: The actual 401(k) contribution and half the SS and medicare taxes, thus HRBlock puts "See Attachment" in the space and c...
by livesoft
Mon Nov 20, 2017 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Slice and Dice
Replies: 19
Views: 1116

Re: Slice and Dice

Some years it adds a lot and some years it doesn't. There is no way to predict the future. As for managing lots of funds, I will say that you can have lots of funds and not manage them at all, so I am not sure what you mean by managing. That is, just because you own shares in a fund it does not mean...
by livesoft
Mon Nov 20, 2017 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Add international value?
Replies: 9
Views: 838

Re: Add international value?

For your reading pleasure: Simplified Merriman, less funds, same or better performance: https://www.bogleheads.org/forum/viewtopic.php?t=38374 I don't own any international value except DGS and have done fine without it. If you like symmetry (and who doesn't?), then why not 4 funds equally weighted?
by livesoft
Mon Nov 20, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Wow that is an impressive feat with the small-cap fund! I am 100% equity, with 20% US SCV (VIOV), so not as well setup for such a maneuver. I don't think it was so impressive. Your VIOV has a 3-month performance of 12.7%. So you just needed to buy shares 3 months ago. :twisted: For some performance...
by livesoft
Mon Nov 20, 2017 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

I would start with Why Smart People Make Big Money Mistakes and How to Correct Them by Gilovich and Belsky.
by livesoft
Mon Nov 20, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Yes, but I did write "Other than that ...." I have also noticed that folks do not rebalance when I would and do.
by livesoft
Mon Nov 20, 2017 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

staythecourse wrote:
Mon Nov 20, 2017 8:38 pm
Or more importantly does it even make a difference to read the books.
I agree with the above statement. For many people, it will make no difference to read the books.
by livesoft
Mon Nov 20, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Wow. That's absolutely amazing. It is kind of amazing --- especially when I stated that I make only a few more transactions than a lot of other people. But I will say that I tend not to make small dollar-amount trades anymore because such small amounts won't have a significant change to my portfoli...
by livesoft
Mon Nov 20, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 42
Views: 4024

Re: H&R Block Software

I prefer HRBlock because I've used it the past 2 years and before that TurboTax, so I have some experience with both. I can get HRBlock essentially for free after rebate/bonus, so that's why I use it.
by livesoft
Mon Nov 20, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Why do you choose to manually reinvest dividends rather than automatic? Just curious. 1. In taxable, I usually spend the dividends nowadays. 2. In tax-advantaged, I use dividends for rebalancing purposes. 3. Not all of our dividends are manually invested. In some accounts, the dividends are automat...
by livesoft
Mon Nov 20, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

I am happy to report my turnover number. I keep what I think are excellent records, so the number is easy to find. So for 2017, if my portfolio value at the beginning was $X, so far I have 70.0% of $X in buys and 69.6% of sells. I have not had to do any tax-loss harvesting in 2017 at all. For 2016, ...
by livesoft
Mon Nov 20, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

No, it doesn't.

To see something sticky-worthy, see Robert T's post.
by livesoft
Mon Nov 20, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have to report a thank-you dinner as income to the IRS?
Replies: 15
Views: 2115

Re: Do I have to report a thank-you dinner as income to the IRS?

I was teaching a few weeks ago at a foreign university. I was taken out many times to very nice restaurants for fabulous dinners that I didn't have to pay for. I am sure somebody put them on their expense account. I gained 10 lbs in less than a week. I am not going to pay taxes on my weight gain.
by livesoft
Mon Nov 20, 2017 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

General guidance: I would suggest that you become a student of behavioral finance and read all the books by folks like Gilovich & Belsky, Kahneman, Ariely, Zweig, Thaler, Swedroe, and others. I contend that most people have problems when it comes to investing unemotionally. Indeed, I think the trans...
by livesoft
Mon Nov 20, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Working and pulling the plug: I wanted to reach financial independence from an early age. I may be the original Mr Money Mustache :) I told my friends that I wanted to retire early. I had a plan. But I had a great career doing something that I loved to do. I would have worked for free (but don't tel...
by livesoft
Mon Nov 20, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Actual investments I have listed many times before. Large-cap US: VTI, VV, VLCAX, VFIAX Small-cap US: VBR, IJS Large-cap foreign: VEA, VEU, but in 2015 we owned VTIAX in order to create this thread: https://www.bogleheads.org/forum/viewtopic.php?t=179414 Small-cap foreign: VSS, VFSVX, DGS Fixed inco...
by livesoft
Mon Nov 20, 2017 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

My spouse: Apparently likes what I do with our portfolio and will do what I ask. For instance, I asked her to move money from her SDBA back into VFIAX in order to get the recent dividends back to $0.00. She has talked to her CEO and HR folks to campaign for a better 401(k) at my behest and has been ...
by livesoft
Mon Nov 20, 2017 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Trigger points: Discussed ad nauseum: https://www.bogleheads.org/forum/viewtopic.php?t=194427 I will generally increase equities by 3% to 15% of portfolio on a bona fide livesoft RBD. I will generally rebalance back to standard asset allocation shortly thereafter (see purple line in the above thread...
by livesoft
Mon Nov 20, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Post for Livesoft
Replies: 34
Views: 4884

Re: Post for Livesoft

Hmmm, lots of questions and most have all been answered at some point or another in my previous posts. I'll try to summarize over the next few days. I'll start with this link to my asset allocation: https://www.bogleheads.org/forum/viewtopic.php?t=150267 I have increased fixed income percentage in 2...
by livesoft
Mon Nov 20, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 466
Views: 40223

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

airelleofmusic wrote:
Mon Nov 20, 2017 2:19 pm
Just changed my ETF today VEU replacement for SPDW/SPEM perfect !
And were you charged a commission for selling VEU?
by livesoft
Mon Nov 20, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring all funds to new elections
Replies: 7
Views: 393

Re: Transferring all funds to new elections

I don't see any problems switching to some of the lower-cost funds.

I'll guess that the switch from SCV to SC is simply because a low-expense-ratio SCV index fund is not available in the 457 plan.
by livesoft
Mon Nov 20, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Help w/ NY state tax return and attachments
Replies: 3
Views: 321

Help w/ NY state tax return and attachments

Ugh! Once again I received a notice of tax due from NY State. I'm tired of it, so I would like to see if I am doing something wrong and/or if I can do something better. Basically, I file a NY non-resident return for self-employed income I earn in NY. I don't make much money, so I am able to contribu...
by livesoft
Mon Nov 20, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 1748

Re: Recommend a daily driver

Rifampin wrote:
Mon Nov 20, 2017 10:52 am
Situation: Going off to grad school so I will need something that is reliable and comfortable for 3-4 hr drives and stop & go traffic.
Sorry, but I don't follow the reasoning. When I was in grad school, I walked or rode a bike. Both my legs and my bike were very reliable.
by livesoft
Mon Nov 20, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 28
Views: 1349

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

What I'm having trouble understanding is how average cost basis can be considered the same as FIFO or SpecID. With average costs basis, you just gather all the purchases over all time in the fund, compare them as a group to the sale price, and use that percent of unrealized gain for all sales of sh...
by livesoft
Mon Nov 20, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Transferring all funds to new elections
Replies: 7
Views: 393

Re: Transferring all funds to new elections

I don't want to assume this is in a tax-advantaged account and not a taxable account, so please tell us.
by livesoft
Mon Nov 20, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?
Replies: 10
Views: 1824

Re: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?

I think you are on your own with this -- except for maybe the possibility of help from your spouse. Have you asked her?

The neat thing is that it doesn't matter what you try since you can always change it. So why not try LifeStrategy Moderate Growth VSMGX?
by livesoft
Mon Nov 20, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my portfolio?
Replies: 3
Views: 331

Re: Thoughts on my portfolio?

Your presented list of ETFs is well within what is typically seen on this forum.

There has to be overlap between QQQ and VOO, right?

You are missing small-cap foreign. QQQ is no substitute for small/mid-cap US.