Search found 56832 matches

by livesoft
Sun Dec 10, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: Best Parmesan Cheese for Salad
Replies: 14
Views: 680

Re: Best Parmesan Cheese for Salad

It reads like you don't want the best parmesan cheese, but you want cheese that tastes like what the restaurant gives you. I'm sure the restaurant can tell you what they use or even sell you a chunk of it every now and then. It might even come from Sysco.
by livesoft
Sun Dec 10, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend, REITs
Replies: 2
Views: 204

Re: Dividend, REITs

There is no other place to hold any ETF, so I don't quite understand the question. That is, all ETFs are held in brokerage accounts.
by livesoft
Sun Dec 10, 2017 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Minimize Expense Ratios or Bonds in 401(k)?
Replies: 5
Views: 248

Re: Minimize Expense Ratios or Bonds in 401(k)?

We had a similar case. In a previous 401(k), my spouse had a bond fund with an expense ratio of about 2% and a REIT fund with an expense ratio of about 1.7%. The other funds were all higher expense ratio. Note the difference in e.r. of 0.3% is about the same as your difference. We chose the bond fun...
by livesoft
Sun Dec 10, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 32
Views: 1785

Re: Portfolio advice: Total market vs Larry Portfolio

So if I wanted US TSM we would need to mix the three US index funds; and the international portion would be missing small cap. So we're talking about a 5-fund portfolio and a fair amount of rebalancing. :-( From someone with experience in this, you have grossly exaggerated the amount of rebalancing...
by livesoft
Sun Dec 10, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Do girls wear Ninja Turtle character shoes
Replies: 25
Views: 1265

Re: Do girls wear Ninja Turtle character shoes

My daughter got free shoes as part of her basketball career. My younger son wore her shoes when he grew enough that they would fit him.
by livesoft
Sun Dec 10, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 57
Views: 2046

Re: Stocks always in taxable for tax efficient investing?

No, I don't think so. You need to know also: 1. Amount of tax-loss harvesting 2. Tax rates of contributions 3. Tax rates of withdrawals 4. Tax rates of qualified dividend income 5. Tax rates of non-qualified dividend income 6. Foreign tax credit things 7. Roth conversion things 8. RMD things 9. And ...
by livesoft
Sun Dec 10, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 56
Views: 5940

Re: Retire in my early 40s? Crazy or actually doable?

I certainly don't think retiring for you is a mistake. It is not even an irreversible decision if you find out it is not for you. One spouse doesn't work in many married couple families and society doesn't say that's a mistake in most instances.
by livesoft
Sun Dec 10, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: detergent without non-recyclable packaging?
Replies: 23
Views: 879

Re: detergent without non-recyclable packaging?

Markets in China actually sell "bar" laundry detergent. I have some that I use when traveling.
by livesoft
Sun Dec 10, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: detergent without non-recyclable packaging?
Replies: 23
Views: 879

Re: detergent without non-recyclable packaging?

Plus China has just stopped accepting a lot of it, so it's unclear how long it will be recyclable. And anything I can do to make oil, etc. a less viable industry, so much the better. This sounds like an outstanding business opportunity. Less competition from China for a homegrown plastic recycling ...
by livesoft
Sun Dec 10, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 32
Views: 1785

Re: Portfolio advice: Total market vs Larry Portfolio

Let's just look at this year's performance. The Larry Portfolio of 40/60 compared to Vanguard LifeStrategy Conservative Growth VSCGX of 40/60 have 2017 through November returns of about 8.4% and 10.1%. Can you stomach such a shortfall of 1.7% in such a short time? I know I couldn't. Is that why you...
by livesoft
Sun Dec 10, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 25
Views: 736

Re: Do DFA Funds have lower trading costs than Index Funds?

nisiprius wrote:
Sun Dec 10, 2017 3:25 pm
... but where are you getting those 5.8% versus 10.9% numbers?
From morningstar.com. The numbers I reported are YTD and not from some ancient past. Your chart makes me want to ask "Dear DFA, what have you done for me lately?"
by livesoft
Sun Dec 10, 2017 3:26 pm
Forum: Investing - Theory, News & General
Topic: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?
Replies: 12
Views: 1661

Re: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?

I am looking to do a the same thing and after reading this tread I am still unsure of the answer. If I dump the cashback from all my cards into a Roth IRA do I need to pay taxes on it at any point? The Roth IRA will only contain money from the cards and no other contributions. As long as you have e...
by livesoft
Sun Dec 10, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: google calendar event by unknown
Replies: 5
Views: 274

Re: google calendar event by unknown

Someone clicked accidently on a link in an ad that appeared somehow on your phone.
by livesoft
Sun Dec 10, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 3172

Re: Buying index funds is just as speculative as buying Bitcoin

There is no way that my amusement can be considered anger.
by livesoft
Sun Dec 10, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Estimated Taxes
Replies: 7
Views: 608

Re: Pay Estimated Taxes

That makes a great deal of sense! I am going to lower my exemptions and that should take effect for my last paycheck (and bonus). As for FICA taxes, she will be paying the full load; is the "employer" portion tax deductible? Thanks. We do not "lower our exemptions" on a W-4. We simply adjust line 6...
by livesoft
Sun Dec 10, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidating Accounts to One-Stop
Replies: 5
Views: 253

Re: Consolidating Accounts to One-Stop

I don't use a savings account. While I am a member of USAA, I prefer WellsFargo / WellsTrade which seems to have everything you listed well integrated together along with a few other bennies. I do not pay commissions, but others may have to pay commissions. There are other places that have essential...
by livesoft
Sun Dec 10, 2017 3:12 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 3172

Re: Buying index funds is just as speculative as buying Bitcoin

This thread is probably confirmation of something.
by livesoft
Sun Dec 10, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 25
Views: 736

Re: Do DFA Funds have lower trading costs than Index Funds?

As a small-cap and value-tilted shop, I would expect DFA to kick performance butt with their DFSVX small-cap value fund. Sure, it is not exactly the asset allocation of something like the Vanguard small-cap value fund, but [year-to-date] 5.8% for DFA versus 10.9% for Vanguard means that whatever DFA...
by livesoft
Sun Dec 10, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 21
Views: 848

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

As for selling those funds, you can see the unrealized capital gains situation directly in your account at Vanguard.com. From that you can assess your tax situation pretty easily.
by livesoft
Sun Dec 10, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Do DFA Funds have lower trading costs than Index Funds?
Replies: 25
Views: 736

Re: Do DFA Funds have lower trading costs than Index Funds?

I'm sure they do better when comparing to a universe of index funds. However, that universe contains the good and the bad index funds. I really don't care too much about the universe of index funds because I only use a few index funds sponsored by Vanguard. So I don't think if they did a comparison ...
by livesoft
Sun Dec 10, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 32
Views: 1785

Re: Portfolio advice: Total market vs Larry Portfolio

Let's just look at this year's performance. The Larry Portfolio of 40/60 compared to Vanguard LifeStrategy Conservative Growth VSCGX of 40/60 have 2017 through November returns of about 8.4% and 10.1%. Can you stomach such a shortfall of 1.7% in such a short time? I know I couldn't.
by livesoft
Sun Dec 10, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 32
Views: 1785

Re: Portfolio advice: Total market vs Larry Portfolio

I suggest that you do both to see how you like them. I don't think there is any way that one can advise you on this topic.
by livesoft
Sun Dec 10, 2017 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Tool to Model Cost Basis before you sell?
Replies: 7
Views: 339

Re: Fidelity Tool to Model Cost Basis before you sell?

Annual contribution limits to a traditional IRA are $5500 or $6500 depending on your age. $9500 is not one of those numbers, so it's hard for me to understand the "rest of" part of your funding idea.
by livesoft
Sun Dec 10, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Estimated Taxes
Replies: 7
Views: 608

Re: Pay Estimated Taxes

So your spouse is self-employed. I am self-employed. I don't pay quarterly taxes at all. We pay our tax liability by my spouse's paychecks and make adjustments accordingly to account for all our income including his, hers, and investment income. One can always make payments to the IRS at any time, t...
by livesoft
Sun Dec 10, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 68
Views: 3962

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

I will say as someone who moved lots during childhood myself while my kids did not move at all, that it really doesn't make a meaningful difference. Sure, we have had different experiences growing up, but the plusses and minuses balance out even though they are different +'s and -'s.
by livesoft
Sun Dec 10, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Automated Market Timing
Replies: 18
Views: 580

Re: Automated Market Timing

The only way you will know is if you try it out and keep extremely good records comparing your results to a benchmark. If you do this, then you have to decide how much of your portfolio to commit to this. I suggest that you do not commit 100% at the start.
by livesoft
Sun Dec 10, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 25
Views: 1073

Re: What mix of intermediate and short term bonds?

^Right, I cannot imagine that monthly data is going to do it. Here is a 5-day chart for BND compared to VCSH. There is quite a clear time to sell BND and buy it back later. Of course, this kind of thing doesn't happen very often and folks who use mutual funds instead of ETFs would not even notice. h...
by livesoft
Sun Dec 10, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 25
Views: 1073

Re: What mix of intermediate and short term bonds?

I have both Total Bond Index and Short-term Corporate Index funds. I am not sure what kind of mix that you want, but I will say that I have a mix of about 60:40 and market time the ratio freely since I do not have to pay commissions on ETFs such as BND, AGG, VCSH, and SPSB nor taxes since these are ...
by livesoft
Sun Dec 10, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5341

Re: Does this happen to you? Educating friends about personal finance

It seems like lots of folks are happy to recommend a specific car brand or appliance or vacation spot, but not actually happy to recommend Vanguard and index funds. What's up with that? Interesting question. I think "What's up" may be the difference between just telling friends you (general) like a...
by livesoft
Sun Dec 10, 2017 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 21
Views: 848

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

Why don't you auto-reinvest distributions? 1. I am living large (or softly) and I need money to pay my expenses, so I use dividends for that. 2. I invest tax-efficiently, so I don't get many taxable dividends anyways -- certainly less than a small fraction of my expenses. 3. I think we encouraged y...
by livesoft
Sun Dec 10, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 68
Views: 3962

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

runner540 wrote:
Sun Dec 10, 2017 10:32 am
I suggest reading "man's search for meaning" by Viktor Frankel. It's a quick but powerful book.
Youtube has videos on that, too, which saves some time.
by livesoft
Sun Dec 10, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 21
Views: 848

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

I don't auto reinvest distributions.

I always use Specific Identification because it is so simple: Whatever I paid for a share is the cost basis of that share. It does not change as it would with using Average Cost basis.
by livesoft
Sun Dec 10, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Div Int'l 4.5% one day loss?
Replies: 4
Views: 547

Re: Fidelity Div Int'l 4.5% one day loss?

This happens every year at this time: Someone posts "Why did my fund drop bigly?"

So there is a Bogleheads wiki article for you to read: https://www.bogleheads.org/wiki/Why_did ... p_in_value
by livesoft
Sun Dec 10, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 68
Views: 3962

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Embace constant chaos.

Or in other words:

Don't worry. Be happy.

Who wants clockwork anyways?

Just go with the flow.

I don't know and I don't care.
by livesoft
Sun Dec 10, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 327

Re: Which version of tax software?

abuss368 wrote:
Sun Dec 10, 2017 10:05 am
For $800 of income? Yes, I would be inclined to not worry too much.
I wouldn't worry at all.
by livesoft
Sun Dec 10, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Dividends ETF
Replies: 6
Views: 380

Re: Dividends ETF

Almost all ETFs pay dividends, so if you mean the dividend-paying Total US Stock Market index ETF like VTI or ITOT or the Total International Stock Market Index ETF like VXUS or ACWX, then Yes! It is very wise to have such ETFs in your taxable account if they will not fit into your Roth IRA or your ...
by livesoft
Sun Dec 10, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 327

Re: Which version of tax software?

Risk is minimal? One has to report it on Schedule C and the risk is zero.
by livesoft
Sun Dec 10, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: detergent without non-recyclable packaging?
Replies: 23
Views: 879

Re: detergent without non-recyclable packaging?

And even the microlint of polyester and nylon clothes end up floating in the oceans and in your lungs when you use a dryer or ruffle it when you put it on.

OTOH, oil is seeping out of cracks in the ocean floor all by itself.
by livesoft
Sun Dec 10, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Which version of tax software?
Replies: 10
Views: 327

Re: Which version of tax software?

I use HRBlock Deluxe download. I have had a Schedule C form for consulting for more than 30 years, plus the other usual stuff. I think this software is probably about $20 nowadays and there are many forum posts about it. You can also probably even use "basic" if you read the tax form instructions an...
by livesoft
Sun Dec 10, 2017 9:45 am
Forum: Personal Consumer Issues
Topic: detergent without non-recyclable packaging?
Replies: 23
Views: 879

Re: detergent without non-recyclable packaging?

A google search shows all kinds of recycling for plastic laundry detergent bottles. For instance, https://www.terracycle.com/en-US/brigades/tide I know you said non-plastic, but plastic is recycle-able, isn't it? Our curbside recycling program takes them and the caps. It's amazing to me how little g...
by livesoft
Sun Dec 10, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 64
Views: 3576

Re: Does a Boglehead ever time the market?

^I think you may have mis-read "not a few hundred." :) I think the OP may have a 6-figure or more windfall or something like that.

This thread is now just another "Invest Now or Wait?" thread.
by livesoft
Sun Dec 10, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC
Replies: 75
Views: 4196

Re: Quit jobs to gain lower EFC

I used all my AP credits and graduated a year early, so saved on my college education. STEM program at private elite university. But I was paying all the tuition and fees myself and working during school, too. My daughter used all her credits and graduated early, too. STEM program at private elite u...
by livesoft
Sun Dec 10, 2017 8:48 am
Forum: Investing - Theory, News & General
Topic: An argument for investing in bitcoin
Replies: 10
Views: 555

Re: An argument for investing in bitcoin

Statman and others describe why people buy lottery tickets. There are expressive and emotional benefits to such things. Those benefits are certainly there for bitcoin. If bitcoin goes up and you sell to make lots of money, then you will have no regrets, plus you will have made money. If you lose mon...
by livesoft
Sun Dec 10, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: An argument for investing in bitcoin
Replies: 10
Views: 555

Re: An argument for investing in bitcoin

But there might be more investments such as bitcoin that we could add to our portfolios that offer a higher expected return loss for given variance/risk. We cannot predict the future, but we can look at the past. Where were you in 1999 when folks were buying Global Crossing, Corning Glass, Worldcom...
by livesoft
Sun Dec 10, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Can This be Part of an Estate Planning?
Replies: 7
Views: 811

Re: Can This be Part of an Estate Planning?

Parents should use the taxable money to create large Roth IRAs by conversion of the tax-deferred accounts. Otherwise the daughters will pay way more taxes than they will ever need to. Even the $470K invested tax efficiently may turn out to be better for the daughters with its stepped-up basis and al...
by livesoft
Sun Dec 10, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin IRA
Replies: 13
Views: 927

Re: Bitcoin IRA

I feel left out: I have received absolutely no bitcoin e-mail in any of my numerous e-mail boxes. How does that even happen?

BTW, I missed this bubble, so I'll just have to wait for the next one.
by livesoft
Sun Dec 10, 2017 6:50 am
Forum: Investing - Help with Personal Investments
Topic: New Young Investor: Roth IRA: Mutual Funds, ETFs, or Index?
Replies: 8
Views: 430

Re: New Young Investor: Roth IRA: Mutual Funds, ETFs, or Index?

I can invest up to $3K right now and plan to make extra monthly investments of around $100 on top of my current 403(b). This statement alone says that you should use index mutual funds. I suggest Vanguard Target Retirement 2050 for your Roth IRA just to get you going. It won't cost you anything to ...
by livesoft
Sun Dec 10, 2017 5:52 am
Forum: Investing - Help with Personal Investments
Topic: Fraud/401k sales and the elderly parent
Replies: 14
Views: 1267

Re: Fraud/401k sales and the elderly parent

Were police informed of the pizza delivery stunt? That's a trace back to the perps.
by livesoft
Sun Dec 10, 2017 5:47 am
Forum: Personal Finance (Not Investing)
Topic: How can someone who earns 500k/yr in w2 be in 25% tax bracket?
Replies: 17
Views: 2358

Re: How can someone who earns 500k/yr in w2 be in 25% tax bracket?

Here are some Effective Average Adjusted Livesoft Tax Rate calculations with a worksheet:
viewtopic.php?f=2&t=163748