Search found 60072 matches

by livesoft
Sat May 19, 2018 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: International -- VXUS or slice and dice?
Replies: 12
Views: 903

Re: International -- VXUS or slice and dice?

No one can tell you what is scary to you and to me.

For instance, I would find it scary not to have about 50% in small caps on both the US and international sides.
by livesoft
Sat May 19, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: International -- VXUS or slice and dice?
Replies: 12
Views: 903

Re: International -- VXUS or slice and dice?

VXUS did not exist when I set up most of my international funds. Then along the way, I wanted more tax efficiency, so I split international for that as well. So I have VEA and VEU in taxable since they are reasonably tax efficient. VSS and DGS in tax-advantaged. I won't give fund names because folks...
by livesoft
Sat May 19, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!
Replies: 14
Views: 863

Re: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!

That link says that folks such as upper middle class folks who can max out retirement plan contributions are in the 3% who should definitely use 59 plans. That is, 529 plans are for wealthy people. Perhaps you can change upper middle class to poor families in your opening post in this thread and see...
by livesoft
Sat May 19, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!
Replies: 14
Views: 863

Re: New perspective on cash-flowing ever increasing College tuition costs, without 529 plan that is!

The premise is bogus. There are no downside risks for upper middle class folks funding 529 plans to pay for college. That is especially true if the family intends to cash flow paying.
by livesoft
Sat May 19, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Advisors Transfer On Death (TOD)
Replies: 19
Views: 1283

Re: Wells Fargo Advisors Transfer On Death (TOD)

When my mom died, the executor did exactly what you noticed should be done: Move deceased assets to heir assets at same financial institution. Then each heir can deal with their own account at that financial institution.
by livesoft
Fri May 18, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 34
Views: 3302

Re: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009

indexonlyplease wrote:
Fri May 18, 2018 6:25 pm
What I was trying to ask is it ok to reballance once a year. Or some reballacing bands make a different. Just trying to clarify what is the best way to reballance.
There is no best way to rebalance.
by livesoft
Fri May 18, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Are you concerned that over 75% of IPOs are unprofitable?
Replies: 8
Views: 780

Re: Are you concerned that over 75% of IPOs are unprofitable?

Of course, I am not concerned. I think it has always been the case that most IPOs are unprofitable.
by livesoft
Fri May 18, 2018 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Moving taxable investments...tax-free?
Replies: 11
Views: 839

Re: Moving taxable investments...tax-free?

There appears to be some confusion and misunderstanding in this thread because of the choice of vocabulary. Under many circumstances moving assets is not the same as selling assets and buying assets. So moving taxable mutual fund shares to Vanguard can be done. But selling taxable mutual fund shares...
by livesoft
Fri May 18, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Moving to Texas - [Request for clothes, car window tint] recommendations
Replies: 33
Views: 1801

Re: Moving to Texas - [Request for clothes, car window tint] recommendations

Like many states, Texas has car window tint regulations.
https://www.dps.texas.gov/rsd/vi/consum ... owTint.htm

We have avoided cars with black / dark interiors.

I wear the same clothes in Texas that I wore in New York.
by livesoft
Fri May 18, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: vitamins and supplements
Replies: 11
Views: 801

Re: vitamins and supplements

Vitamin B12
Vitamin D
Vitamin P
Vitamin O
and
Vitamin I

They're all good.

P, O, I: Placebo, Oxygen, Ibuprofen, respectively.
by livesoft
Fri May 18, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 34
Views: 3302

Re: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009

ok questions. So in conclusion somone with the 3 fund portfolio with the fixed income in the stable value fund is ok to just balance once a year. (me and this is what I have been doing). This keeps my AA correct is the main reason for me doing this. I could easily not care about reballancing and le...
by livesoft
Fri May 18, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Tax related questions
Replies: 14
Views: 996

Re: Tax related questions

It is time to read IRS Publication 550 and IRS Publication 590B.

Do you fill out your own Form 1040 each year? If not, time to start doing that, too.

The above will do wonders for your tax knowledge base.
by livesoft
Fri May 18, 2018 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 2859

Re: Retiring soon - some questions

I'm a bit curious that this is what you advise (although I'm sure there's a good rationale I'm missing). Maybe you are missing that the OP is spending down their taxable account. Whether one "sells" money market fund shares or shares in a tax-efficient, passively-managed stock index fund does not c...
by livesoft
Fri May 18, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 2859

Re: Retiring soon - some questions

If you have not done so, you need to look at the impact of required minimum distributions (RMDs) in your future. These required distributions from your tax-deferred accounts increase in percentage over time (based on remaining life expectancy). With 2.2M in tax-deferred (which could grow to, say, 5...
by livesoft
Fri May 18, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 2859

Re: Retiring soon - some questions

I do not believe your tax situation makes the tax-exempt muni bond fund a good deal. Based on your portfolio size and your expected income, I think you should tax-loss harvest that entire position and instead put your bond fund assets in your tax-deferred accounts (401(k), rollover IRA). You should ...
by livesoft
Fri May 18, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 34
Views: 3302

Re: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009

And folks even jump to conclusions. I showed one.single. rebalancing earlier in this thread. Some folks assumed that was the best possible time to rebalance. It was not the best time to rebalance. And perhaps rebalancing twice or thrice or whatever would give better results. It has been shown in oth...
by livesoft
Thu May 17, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 367
Views: 16090

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Another thing that people neglect is that standard deduction and tax brackets are indexed to COLA, so when they have portfolios of $10 million, the standard deduction will be $500,000 or so. Can you please explain... Sure, in the year 2102 when you reach a portfolio of $10 million in size, the rava...
by livesoft
Thu May 17, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 367
Views: 16090

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

indexonlyplease wrote:
Thu May 17, 2018 6:47 am
How do you fiqure your marginal tax rate? Our income after taxed deferred is in the 22% max for 2018.
Here is what I do: I use tax software and add $100 extra interest to my tax return. I see my taxes go up by $30, thus I am in the 30% marginal income tax bracket.
by livesoft
Thu May 17, 2018 6:41 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 367
Views: 16090

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Grt2bOutdoors wrote:
Thu May 17, 2018 6:09 am
What?? If someone today had a portfolio of $10 million how do you figure the standard deduction is 5%? Married, no dependents, age 65, property tax of $10k.
Not "today", but in the future after the ravages of inflation. Property tax might be $100K.
by livesoft
Thu May 17, 2018 6:37 am
Forum: Personal Consumer Issues
Topic: 2018 Yellowstone Trip advice needed
Replies: 20
Views: 1303

Re: 2018 Yellowstone Trip advice needed

Which lodges do you prefer in the summer for a first-time traveler who wants to go to Teton and Glacier Park? I am not one to state a preference because I don't have the experiences. While visiting Grand Teton, we stayed In Jackson itself at Huff House for two nights, then a few nights in a cabin i...
by livesoft
Thu May 17, 2018 5:54 am
Forum: Investing - Help with Personal Investments
Topic: Cash out Long term gains?
Replies: 9
Views: 694

Re: Cash out Long term gains?

If you will be taxed on them, then there are no pros. The cons are you will be taxed on them. Thus, there is no benefit to you to do this.
by livesoft
Wed May 16, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - The Perfect Platform for Beginner Bogleheads
Replies: 6
Views: 747

Re: M1 Finance - The Perfect Platform for Beginner Bogleheads

I consider my children beginner Bogleheads. Here is what they do: Start with Target Retirement fund for Roth IRA with earnings in high school. Stick with that for many years. Start 401(k) at job with Target Date funds. No real chance of taxable account in the first decade or so of investing. M1 Fina...
by livesoft
Wed May 16, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: TDAmeritrade - Free Trades - ?How To?
Replies: 12
Views: 632

Re: TDAmeritrade - Free Trades - ?How To?

I will say this: Two ETFs that I use are still free trade at TDAmeritrade (and WellsTrade for me) and not at Vanguard: DGS and MTUM.
by livesoft
Wed May 16, 2018 8:10 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 367
Views: 16090

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Another thing that people neglect is that standard deduction and tax brackets are indexed to COLA, so when they have portfolios of $10 million, the standard deduction will be $500,000 or so.
by livesoft
Wed May 16, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: TDAmeritrade - Free Trades - ?How To?
Replies: 12
Views: 632

Re: TDAmeritrade - Free Trades - ?How To?

I imagine with Schwab that you will end up with Schwab ETFs and Schwab funds if you require free trades. In that case, you could stay with TDAmeritrade and use the non-Vanguard no-commission ETFs that they offer.
by livesoft
Wed May 16, 2018 8:03 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 367
Views: 16090

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I say it because it has been true for me and my family. We used to be in the 33% marginal income tax bracket. Nowadays with my spouse still working full-time and a 6-figure Adjusted Gross Income (NOT taxable income!) we would not pay any Federal income taxes if we didn't do those Roth conversions. A...
by livesoft
Wed May 16, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Would you send your children to private school in my situation?
Replies: 93
Views: 5829

Re: Would you send your children to private school in my situation?

I'm debating on whether I should send my children to private school. The public elementary school in my community is very good. However there is also a very good private school in my community as well. We made this choice about 20 years ago. We chose public schools and moved our child from the priv...
by livesoft
Wed May 16, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Percent Confidence in Planning Scenario
Replies: 27
Views: 980

Re: Percent Confidence in Planning Scenario

I was thinking that if you were saving/investment 50% of your gross income (before taxes) and your success rate was 95%, that you would still save/invest 50% of your gross income if your success rate was 80%. I did not think you had to do a fancy precision-less calculation.
by livesoft
Wed May 16, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - The Perfect Platform for Beginner Bogleheads
Replies: 6
Views: 747

Re: M1 Finance - The Perfect Platform for Beginner Bogleheads

What about the timeliness and correctness of 1099-B, 1099-DIV, consolidated 1099s, how easy are Roth conversions, gifting of assets, tracking of cost basis, ease of selling specific shares, and on and on. My point is that choice of actual investments is pretty far down the list of what a platform pr...
by livesoft
Wed May 16, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: TDAmeritrade - Free Trades - ?How To?
Replies: 12
Views: 632

Re: TDAmeritrade - Free Trades - ?How To?

I'm surprised you didn't transfer everything to Vanguard already.
by livesoft
Wed May 16, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Good Small to Medium Size Affordable Brokers?
Replies: 5
Views: 430

Re: Good Small to Medium Size Affordable Brokers?

All my interactions with WellsTrade are superb. They out-Vanguard Vanguard. You didn't mention TDAmeritrade, but they are better than Vanguard, too. If you want to sit down across a desk from someone, they might be a place to consider. Neither WellsTrade nor TDAmeritrade are toy brokers, so are prob...
by livesoft
Wed May 16, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: 2018 Yellowstone Trip advice needed
Replies: 20
Views: 1303

Re: 2018 Yellowstone Trip advice needed

it is not clear that you have confirmed bookings at Canyon Lodge. Also note that road closures can happen due to fires, so you may wish to have some contingency plans. For instance in 2016, the road north from Moran into Yellowstone was closed for a week or so. We flew in/out of Jackson using Freque...
by livesoft
Wed May 16, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Need Input on My Early Retirement Plan.....
Replies: 45
Views: 5272

Re: Need Input on My Early Retirement Plan.....

Just saw this thread. I am early retired now and never had any cash cushion. Studies show it is a complete waste of money. It is only psychologically beneficial, but at a cost that is not worth paying. So we have only enough cash to pay the bills for the next 2 weeks or so. Everything else is inves...
by livesoft
Wed May 16, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Percent Confidence in Planning Scenario
Replies: 27
Views: 980

Re: Percent Confidence in Planning Scenario

What would you actually change from what you are doing if you decided to use a confidence level below 85%? Below 75%? I suspect you wouldn't change a thing anyways, so it probably doesn't matter what you use.

In other words, why not calculate the point of indifference to you?
by livesoft
Wed May 16, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Building ETF portfolio quick questions
Replies: 1
Views: 169

Re: Building ETF portfolio quick questions

2. Yes, you should divest out of those stocks. 1. Don't bother with VBR and VGT right now. Put the money earmarked for them into VTI and VEA. 3. I cannot advise you on those bonds. I would not own them myself, but would use total US bond market index fund. 4. Why all these ETFs anyways? Why not some...
by livesoft
Wed May 16, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: somebody is using our address
Replies: 45
Views: 4482

Re: somebody is using our address

I cannot help, but thought this was 'interesting': https://www.npr.org/sections/thetwo-way/2018/05/10/610102872/man-allegedly-used-change-of-address-form-to-move-ups-headquarters-to-his-apartm Anyone can submit a change-of-address form to the USPS and they seem to not check out if it is legit or not...
by livesoft
Wed May 16, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: What exactly causes a spring mattress to wear out?
Replies: 14
Views: 1270

Re: What exactly causes a spring mattress to wear out?

Overweight sleepers.

I've never had a mattress wear out. And we don't turn our mattresses that often.
by livesoft
Wed May 16, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Why can't you rollover a retirement account into another one that you no longer work at?
Replies: 33
Views: 1701

Re: Why can't you rollover a retirement account into another one that you no longer work at?

I think many people just rollover all their employer-provided plans into self-controlled IRAs. While there are some reasons to not to do that, most of the time it is a good idea. So you have two plans A and B. You could move A to IRA and B to the same IRA. That way, you have one plan which is what y...
by livesoft
Wed May 16, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Financial Planner and Blueleaf
Replies: 5
Views: 428

Re: Financial Planner and Blueleaf

blueleaf could actually reduce the financial advisor's backoffice costs which the advisor could pass on to clients.
by livesoft
Wed May 16, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 34
Views: 3302

Re: Challenge: guess the effect of rebalancing in 2008-2009

As you already know, there are reasonably easy methods to figure out great days to rebalance. That is quite different from powerball. One would not have to rebalance on the exact best day either. The day after or the second day after would have probably done wonders, too. Also best day was probably ...
by livesoft
Wed May 16, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Financial Planner and Blueleaf
Replies: 5
Views: 428

Re: Financial Planner and Blueleaf

I suppose you could ask for a reduction in the fee to 0.5% if you sign up at Blueleaf.
by livesoft
Wed May 16, 2018 9:24 am
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 34
Views: 3302

Re: Challenge: guess the effect of rebalancing in 2008-2009

It would be nice to see some other controls. Below is an example of a pseudo-ideal rebalancing control: I used morningstar.com and charted VSMGX (LifeStrategy Moderate Growth) from 12/31/2007 to 12/31/2009 (two years). $10,000 went to $8816. But if I had 60% VTSAX (Total US Stock) and 40% VBTLX (Tot...
by livesoft
Wed May 16, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: Why this problem never gets fixed [Inflated medical product prices]
Replies: 33
Views: 2148

Re: Why this problem never gets fixed

Another thing: Overhead. If you have not run your own organization, then you probably don't know that a fraction of the cost of that wrist support and those pills, goes to pay cost of the parking lot, the landscaping, the roof repairs, the electricity, the water, the HVAC costs, the postage, the pho...
by livesoft
Wed May 16, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Why this problem never gets fixed [Inflated medical product prices]
Replies: 33
Views: 2148

Re: Why this problem never gets fixed

Have you ever run your own business? Every.single.time that an item is thought about or touched, it costs money. The more people that think about the item and the more people that touch the item, then the more it costs. Stop people from thinking about the item and stop people from touching the item ...
by livesoft
Wed May 16, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: TDAmeritrade - Free Trades - ?How To?
Replies: 12
Views: 632

Re: TDAmeritrade - Free Trades - ?How To?

Go sit across the desk of the person in the local TDAmeritrade office that you are supposed to deal with. Discuss your mutual future in a friendly way. Free trades flow accordingly. Most of the free trades they gave me expired unused. You might even read "How to Win Friends and Influence People" by ...
by livesoft
Wed May 16, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA + MMF vs. online credit union
Replies: 22
Views: 1149

Re: Fidelity CMA + MMF vs. online credit union

So you are opening yet another set of accounts? Doesn't sound like simplification to me.

Simplification would be to put everything at Bank of America and use the Merrill Edge investment thing.
by livesoft
Wed May 16, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Fellow non-529ers
Replies: 43
Views: 2824

Re: Fellow non-529ers

^Then it is sort of wasted in a tax-managed balanced fund. Go for 100% equities in taxable for the tax-efficiency.
by livesoft
Wed May 16, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7472

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Find another respected friend who says, "Stock market will go up over time since it always does. Invest in stocks." Then decide which one to believe and prove it by putting your money where your belief is.
by livesoft
Wed May 16, 2018 6:12 am
Forum: Personal Consumer Issues
Topic: General Delivery
Replies: 6
Views: 807

Re: General Delivery

The video I linked has complete information about general delivery for non-hikers.

You can practice: Mail yourself a package.
by livesoft
Wed May 16, 2018 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Fellow non-529ers
Replies: 43
Views: 2824

Re: Fellow non-529ers

The main problem I see with what the OP is doing: They are sequestering money away for college for their children as both a separate investing and separately mentally. If they are not going to use a 529 plan, then they should just have one portfolio asset allocation invested tax-efficiently. That wo...