Search found 54768 matches

by livesoft
Mon Jun 26, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: where to go to learn about investing?
Replies: 3
Views: 100

Re: where to go to learn about investing?

I was just in the library today and browsed the shelf of investing books. They were all pretty bad, so maybe the good ones were checked out.

I think you are ready for a book or two written by John Bogle, William Bernstein, Larry Swedroe, and/or Rick Ferri. Their books are in the reading list.
by livesoft
Mon Jun 26, 2017 8:44 am
Forum: Forum Issues and Administration
Topic: Can you search for a string like 5.2%?
Replies: 3
Views: 205

Re: Can you search for a string like 5.2%?

Yes. Type

5.2% site:bogleheads.org

in your browser address bar. If you have a default search engine specified, what do you get?
by livesoft
Sun Jun 25, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: Things to do in Iowa/Nebraska
Replies: 52
Views: 1907

Re: Things to do in Iowa/Nebraska

Maybe you can tour the headquarters of the Strategic Air Command south of Omaha and play with the red phone? I've done that at least twice. Watch "Dr. Strangelove" before you go.
by livesoft
Sat Jun 24, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs or Mutual Funds for an inexperienced investor
Replies: 32
Views: 1483

Re: ETFs or Mutual Funds for an inexperienced investor

It does seem more complex. I tend to look after trading hours to try and familiarize and educate myself, so the asking prices seem way high. How do you come up with your asking price? If something is currently at $125, but the asking price is something like $140. What to do? But when you look at a ...
by livesoft
Sat Jun 24, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: How does Fidelity makes money, if I own all Vanguard funds or ETFs
Replies: 56
Views: 3924

Re: How does Fidelity makes money, if I own all Vanguard funds or ETFs

I have a Fidelity account with a Vanguard ETF in it. I have never made a transaction in that account: The shares were transferred into the account in-kind in order to get a frequent flyer mileage bonus. Yes, I get dividends which are sent directly to my external checking account. When I am ready to ...
by livesoft
Sat Jun 24, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Company: "Why do you need so much coverage?"
Replies: 17
Views: 1201

Re: Insurance Company: "Why do you need so much coverage?"

I'd turn this around and ask your insurance company for their advice on how much to have given your personal situation. I don't think there is a "catch."
by livesoft
Sat Jun 24, 2017 4:59 pm
Forum: Investing - Theory, News & General
Topic: Cost Basis Calculation
Replies: 8
Views: 362

Re: Cost Basis Calculation

The OP likely has his overall cost basis in mind. No need to consider individual shares cost. Not a problem. The OP can add up what they paid for each and every lot by looking at the list of transactions. But how do you explain this statement "I multiplied shares by corresponding cost basis a ...
by livesoft
Sat Jun 24, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: Cost Basis Calculation
Replies: 8
Views: 362

Re: Cost Basis Calculation

You are conflating cost basis with what you contributed to the account. They are not the same thing. Every single share purchased cost money to buy --- no matter whether the money came from outside the account from your contribution or inside the account from a dividend or inside the account from a ...
by livesoft
Sat Jun 24, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target fund vs 5 ETF's or Funds?
Replies: 6
Views: 571

Re: Vanguard Target fund vs 5 ETF's or Funds?

I've been using a Target Retirement fund as a benchmark against my separate fund portfolio for the past few years. I will say that one can do better than the Target fund, but one has to be very very good at rebalancing to do so. I don't believe that most investors can do better than the Target fund....
by livesoft
Sat Jun 24, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Long or short-term capital gains after merger?
Replies: 7
Views: 444

Re: Long or short-term capital gains after merger?

TDAmeritrade uses GainsKeeper for the cost basis editing and reporting. I just looked at my account and I can change the basis of shares I sold back in 2002 still. Don't ask me why they would let me do that, but I do like that the online records go back that far. :)
by livesoft
Sat Jun 24, 2017 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Long or short-term capital gains after merger?
Replies: 7
Views: 444

Re: Long or short-term capital gains after merger?

You might as well have your broker correct the dates acquired and any cost basis for these shares. That's part of their job, so please ask them to do so.
by livesoft
Sat Jun 24, 2017 6:41 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX dividend error?
Replies: 21
Views: 1885

Re: VTSAX dividend error?

So there are a few places that the reinvestment price can be displayed in one's account(s) after they login. Is the reinvestment price wrong in every one of those places or only in one place or only in some places? Does this affect people who have "upgraded", "not upgraded", use ...
by livesoft
Sat Jun 24, 2017 6:01 am
Forum: Personal Consumer Issues
Topic: Cars my only weakness, make me feel bad!!
Replies: 32
Views: 1904

Re: Cars my only weakness, make me feel bad!!

So it's time to buy another new car. What are you getting this time?
by livesoft
Fri Jun 23, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: Dividend calculations -- Am I missing something?
Replies: 5
Views: 715

Re: Dividend calculations -- Am I missing something?

jebmke wrote:Bond funds pay dividends pro-rated for the dates you own them during the month.

Not all bond funds work that way.

For instance, VSCSX works like the OP expected.

The trick is to read the prospectus so you know how it works for the fund you are about to buy,
by livesoft
Fri Jun 23, 2017 8:52 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a habit of checking the market all day?
Replies: 38
Views: 2275

Re: Anyone have a habit of checking the market all day?

What? You don't like my spin on Fake News? I thought it was just as valid as any other fake news. :)
by livesoft
Fri Jun 23, 2017 8:02 pm
Forum: Personal Consumer Issues
Topic: Where to put a vegie garden
Replies: 13
Views: 1065

Re: Where to put a vegie garden

I'd think an important feature would be sunlight and its direction and what obstructs it.
by livesoft
Fri Jun 23, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a habit of checking the market all day?
Replies: 38
Views: 2275

Re: Anyone have a habit of checking the market all day?

DomDangelina wrote:There was some article recently about those whose portfolios did best; they had literally forgotten about their portfolios!

No, the article was their advisor had died.
by livesoft
Fri Jun 23, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Challenge -- Help me "win the game".
Replies: 25
Views: 2063

Re: Boglehead Challenge -- Help me "win the game".

I see your point regarding buying low. I guess the question is whether you have the discipline to rebalance, but that is true regardless of what is going on in the market when you need to sell. Ah, discipline! What would you do if your bond funds dropped 4% in the past 3 months, then your equities ...
by livesoft
Fri Jun 23, 2017 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Challenge -- Help me "win the game".
Replies: 25
Views: 2063

Re: Boglehead Challenge -- Help me "win the game".

But if you continue the same strategy of withdrawing from taxable first, then you are selling stocks "low." If you keep some cash/short-term bonds in taxable, you can avoid that. So what if you sell stocks low in taxable as long as you also buy them low in tax-advantaged. This is describe...
by livesoft
Fri Jun 23, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a habit of checking the market all day?
Replies: 38
Views: 2275

Re: Anyone have a habit of checking the market all day?

I check the markets much, much less than I check bogleheads.org.
by livesoft
Fri Jun 23, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Challenge -- Help me "win the game".
Replies: 25
Views: 2063

Re: Boglehead Challenge -- Help me "win the game".

This is one of the concerns that I am having difficulty wrapping my mind around. Traditional portfolio construction would suggest most if not all of my equity allotment in this scenario to the taxable brokerage account due to tax efficiency. But then relatively soon appears the need to draw down mu...
by livesoft
Fri Jun 23, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual High Fees to Vanguard
Replies: 24
Views: 1245

Re: Northwestern Mutual High Fees to Vanguard

We don't know how VPAS presented this to the OP.
by livesoft
Fri Jun 23, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual High Fees to Vanguard
Replies: 24
Views: 1245

Re: Northwestern Mutual High Fees to Vanguard

Folks, this is NOT the first time that we have seen a Vanguard PAS portfolio of 3 funds to cover all the asset classes presented this way. It is amusing that several posters have not noticed that Vanguard Total Stock Market Index fund is used for large caps, mid caps, AND small caps by stating the p...
by livesoft
Fri Jun 23, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Child's Investments' impact on Financial Aid
Replies: 5
Views: 329

Re: Child's Investments' impact on Financial Aid

How a child's (or grandchild's) account is clearly described on the FAFSA. Our experience is that money that the student has is money to be spent for college, so it definitely does affect financial aid that might be awarded. And why shouldn't it? Many schools do not need to follow the federal formul...
by livesoft
Fri Jun 23, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual High Fees to Vanguard
Replies: 24
Views: 1245

Re: Northwestern Mutual High Fees to Vanguard

With $25K in the taxable and an unknown in the Roth, I am not even sure OP has enough that Vanguard would accept them to PAS anyways. Although, some of the ETFs in the existing portfolio are keepers, the amounts appear to be so low that the tax consequences of getting rid of them would be less than ...
by livesoft
Fri Jun 23, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead Challenge -- Help me "win the game".
Replies: 25
Views: 2063

Re: Boglehead Challenge -- Help me "win the game".

Although you do not have children, these two threads should be of help wrt taxes:

Families with $200,000: viewtopic.php?t=79510
Retirees with 6-figure expenses: viewtopic.php?t=87471
by livesoft
Fri Jun 23, 2017 6:33 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 68
Views: 4092

Re: Bogleheads: Please help me pick a new car

[...] I believe it meets all of my requirements (AWD, brake assist, etc.). 29,000 miles. It is priced at $33K, which is $1,789 below market price, according to cargurus.com. The warranty would run through 2021, unlimited miles. the dealer has already reduced the price by $4,200. [...] I find it har...
by livesoft
Thu Jun 22, 2017 10:25 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 68
Views: 4092

Re: Bogleheads: Please help me pick a new car

My son pointed out a Nissan GT-R to me today in the H.E.B. parking lot. It was near a BMW i8.
by livesoft
Thu Jun 22, 2017 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual High Fees to Vanguard
Replies: 24
Views: 1245

Re: Northwestern Mutual High Fees to Vanguard

Finance-MD wrote:you could get basically the same thing with
55% US Total Stock Market
35% Total International Stock Market
10% Total bond.

Ha! Ha! Did you read it? :)
by livesoft
Thu Jun 22, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual High Fees to Vanguard
Replies: 24
Views: 1245

Re: Northwestern Mutual High Fees to Vanguard

David Jay wrote:Welcome to the forum!
Speedy186 wrote:Questions:
1. How does this Vanguard portfolio look?


1. Completely reasonable, a few highly diversified funds instead of a bunch of narrowly tailored funds.

Please look again since the presentation showed only 3 funds in total and zero "narrowly tailored funds."
by livesoft
Thu Jun 22, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 68
Views: 4092

Re: Bogleheads: Please help me pick a new car

CPO Lexus RX350's are a dime a dozen in our area, so the savings are much much better than 10%. They are nice beater cars though. It is not unusual to see 5 of them at a 4-way-stop intersection. You should be able to get one at an OTD price of $30K or less. Even a more expensive sedan like a Lexus L...
by livesoft
Thu Jun 22, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional or G Fund
Replies: 10
Views: 492

Re: TIAA Traditional or G Fund

Sorry, I should have mentioned that this rollover is considerably more than we need per year to supplement expenses. Plan is to start converting the surplus to a ROTH or withdraw from the IRA to taxable funds used for emergencies and play money in the future. Trying to avoid the social security tax...
by livesoft
Thu Jun 22, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional or G Fund
Replies: 10
Views: 492

Re: TIAA Traditional or G Fund

That makes no sense at all to me. Only take money out when you need to spend it. The Ally CDs pay less than what you are getting and are less liquid. So leave the money alone until the month you need to spend it, then withdraw some that month much like a paycheck.
by livesoft
Thu Jun 22, 2017 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional or G Fund
Replies: 10
Views: 492

Re: TIAA Traditional or G Fund

So you are taking money OUT of TIAA traditional or OUT of the TSP G fund and putting it into what?
by livesoft
Thu Jun 22, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX taxable buy now dividends just distributed
Replies: 9
Views: 1005

Re: VTSAX taxable buy now dividends just distributed

dratkinson wrote:Don't [automatically] reinvest any distributions. [...]

One should certainly be able to use a distribution to buy more shares in the fund if one consciously wants to.
by livesoft
Thu Jun 22, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Tax efficient asset allocation across multiple accounts
Replies: 9
Views: 629

Re: Tax efficient asset allocation across multiple accounts

4. I think you will end up owning ETFs and mutual funds during your long investing career. Right now, it seems more of a question of fear of the unknown that anything else. As long as you don't pay any commissions for ETFs, I think you will be fine with the Vanguard ETFs that you have chosen to use....
by livesoft
Thu Jun 22, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation with Adviser - Suggestions Appreciated!
Replies: 1
Views: 188

Re: Asset Allocation with Adviser - Suggestions Appreciated!

I would specifically ask them to model the taxes that would be paid annually for any portfolio they suggested. Then I would ask, "How can you make the taxes even lower? I can adjust the rest of my portfolio to cover any bases with better tax location if need be."
by livesoft
Thu Jun 22, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Bond holdings
Replies: 2
Views: 202

Re: Bond hlidings

Uh-oh. I will get my dividends from ETFs next week and will be buying more bond fund shares according to my asset allocation plan.
by livesoft
Thu Jun 22, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Is VG Total Stock Market Index too concentrated?
Replies: 52
Views: 3719

Re: Is VG Total Stock Market Index too concentrated?

So TSM is something like 48% of LifeStrategy growth fund that has 80% in equities. So AAPL is 3% of VTSAX which makes AAPL 1.44% of a balanced aggressive portfolio. So MSFT is 2% of VTSAX which makes MSFT 1.0 of a balanced aggressive portfolio. And for a 60/40 portfolio, the percentages are even sma...
by livesoft
Thu Jun 22, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement
Replies: 21
Views: 3268

Re: Early retirement

I don't see a major problem with what the OP is doing. They are, however, limiting grow in taxable by not being 100% equities there, so they may not have as much as they will want to have in 10 years. :twisted: OTOH, they may also be creating a future problem with higher RMDs at age 70 in their tax-...
by livesoft
Thu Jun 22, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX taxable buy now dividends just distributed
Replies: 9
Views: 1005

Re: VTSAX taxable buy now dividends just distributed

I strongly recommend that one set their cost basis method to Specific Identification. I suggest you do this now and wait to buy shares after Vanguard confirms that and shows your Specific Id for all your previously purchased shares, too. Since the beginning of 2012, financial firms have had to track...
by livesoft
Thu Jun 22, 2017 8:26 am
Forum: Investing - Theory, News & General
Topic: Fidelity drops equity trade fee to $4.95
Replies: 69
Views: 5891

Re: Fidelity drops equity trade fee to $4.95

What do you guys use these trades for? I have a lot of free trades at Vanguard that go unused every year. If you dollar cost average into Total Stock Market and Total Bond Market funds, of what value are free or cheap trades? Besides tax-loss harvesting, rebalancing, avoiding dividends, and market ...
by livesoft
Thu Jun 22, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX taxable buy now dividends just distributed
Replies: 9
Views: 1005

Re: VTSAX taxable buy now dividends just distributed

Yes, your newly purchased shares of VTSAX would not receive the June 2017 dividend. No, VTSAX does not pay out 100% qualified dividends anymore. In 2016, 7.25% of my dividends were non-qualified. So that might be "almost always." Yes, in 2016, 92.75% of my dividends from Total Stock Market...
by livesoft
Thu Jun 22, 2017 8:11 am
Forum: Investing - Theory, News & General
Topic: Fidelity drops equity trade fee to $4.95
Replies: 69
Views: 5891

Re: Fidelity drops equity trade fee to $4.95

And WellsTrade will drop their equity trade fee to $2.95 starting next week. Grandfathered 100 commission-free stocks trades per year benefit continues WellsTrade accounts linked to Portfolio by Wells Fargo® program before April 1, 2013 continue to enjoy the 100 commission-free stocks trades per yea...
by livesoft
Thu Jun 22, 2017 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Do Indexers Need 401(k) Plans?
Replies: 15
Views: 1778

Re: Do Indexers Need 401(k) Plans?

think of your taxable account as a jar with a small hole in it, leaking gains every year due to taxable interest / dividends.... a tax protected account plugs the hole. whether a tax protected account is pre-tax or post-tax, that hole is plugged while the money is inside. If one invests tax-efficie...
by livesoft
Thu Jun 22, 2017 7:21 am
Forum: Investing - Help with Personal Investments
Topic: Do Indexers Need 401(k) Plans?
Replies: 15
Views: 1778

Re: Do Indexers Need 401(k) Plans?

aristotelian wrote:For example, if you have $20K in SS, $17,950 of your 401K withdrawal would be taxed at 15%, and up to $91,950 would be taxed at 25%.

How much of the 401(k) withdrawal would not be taxed (i.e. taxed at 0%) in your example?
by livesoft
Thu Jun 22, 2017 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Do Indexers Need 401(k) Plans?
Replies: 15
Views: 1778

Re: Do Indexers Need 401(k) Plans?

@BetaTracker, because of the way our tax laws are written, everybody gets some deductions for the first several thousand dollars of income that they have or withdraw from their 401(k) plan. You might have exemptions, standard or itemized deductions, and even tax credits. It is important to know how ...
by livesoft
Wed Jun 21, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Kaiser Permanente 401(k) fee question
Replies: 3
Views: 280

Re: Kaiser Permanente 401(k) fee question

FWIW, my old employer's 401(k) plan run by Fidelity had no fees to participants other than the fund expense ratios. And plenty of index funds, too.

Besides Brightscope, one can also find and read the plan's Form 5500 which will have some costs paid by the plan.

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