Search found 62622 matches

by livesoft
Sat Dec 15, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Strange interview- what do you think?
Replies: 3
Views: 255

Re: Strange interview- what do you think?

I would read this as positive and also guess that he told the same things to all 5 candidates that have been / will be interviewed.
by livesoft
Sat Dec 15, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Update, and tax loss harvesting questions (Portfolio review)
Replies: 11
Views: 891

Re: Update, and tax loss harvesting questions (Portfolio review)

1. The dividend that VTSAX will pay soon will be mostly a qualified dividend to the taxpayer if they receive it because they have held the shares of VTSAX long enough no matter when they sell VTSAX. 2. If they sell VTSAX at a loss of about $3900 in 2018, then the $3900 loss will offset the previous ...
by livesoft
Sat Dec 15, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: turbo deluxe or premier for 2018 tax return
Replies: 4
Views: 194

Re: turbo deluxe or premier for 2018 tax return

I cannot answer the question for 2018, but in the past TurboTax Basic (desktop version) would do what you want. TurboTax basic would have worked for you in 2017, too. Intuit confuses the market place and potential clients by trying to upsell them to more expensive versions that are unnecessary. Fear...
by livesoft
Sat Dec 15, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: AA for a Retiree being a Booglehead
Replies: 10
Views: 319

Re: AA for a Retiree being a Booglehead

A serious response: No one can tell you what YOUR asset allocation should be because it will depend on YOUR ability, need, and willingness to take risk. This is an old idea from Larry Swedoe which he discusses often. Here is a link from 2008: https://www.chicagotribune.com/g00/news/ct-xpm-2008-11-09...
by livesoft
Sat Dec 15, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Update, and tax loss harvesting questions (Portfolio review)
Replies: 11
Views: 891

Re: Update, and tax loss harvesting questions (Portfolio review)

Hold on there, please. If you sell at a short-term loss, the loss will offset the $27 in ST gains and the remaining loss will offset any long-term gains first. The taxpayer will be left it seems with a slight gain. It may be better taxwise to pay the LT cap gains tax on the LT gain and book the ST l...
by livesoft
Sat Dec 15, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: The Free Dinner Annuity Sales Pitch, 2 NY Times articles
Replies: 6
Views: 400

Re: The Free Dinner Annuity Sales Pitch, 2 NY Times articles

Grt2bOutdoors wrote:
Sat Dec 15, 2018 1:18 pm
Why would any institution "give-up" control of assets to an insurance company only to have them skim off some high percentage each year?
That is the question. And the situation is worse than that.
by livesoft
Sat Dec 15, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: The Free Dinner Annuity Sales Pitch, 2 NY Times articles
Replies: 6
Views: 400

Re: The Free Dinner Annuity Sales Pitch, 2 NY Times articles

The 2nd NY Times article is about all kinds of annuities, so maybe this thread can go in that direction?

I have a question: Is anybody reading this on an investment committee for a non-profit AND your non-profit has invested in annuities?
by livesoft
Sat Dec 15, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: The Free Dinner Annuity Sales Pitch, 2 NY Times articles
Replies: 6
Views: 400

The Free Dinner Annuity Sales Pitch, 2 NY Times articles

I didn't see this posted, so apologies if already posted and a merge request. (Don't you hate that?) Ron Lieber of the NYTimes went to a free dinner annuity pitch with his aunt and wrote about it a couple weeks ago: https://www.nytimes.com/2018/11/30/your-money/retirement-annuities-steak-dinner.html...
by livesoft
Sat Dec 15, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 56
Views: 3863

Re: I made a mistake by not selling when the market was high this year

Something like VFSVX is down about 17.5% for 2018 so far. So if I buy an equal amount of VFSVX that I already have, then I will instantly outperform VFSVX for the year because my average loss will only be about 9%. That is, I can outperform VFSVX for the year by about 9%. Outperforming is so easy, s...
by livesoft
Sat Dec 15, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Mechanics of tax loss harvesting
Replies: 2
Views: 139

Re: Mechanics of tax loss harvesting

You will have AGI reduced by $1,000. Whether you consider that as offset of $1,000 of ITSB dividends or $1,000 of savings account interest or $1,000 of W-2 income or $1,000 of self-employed income is up to you.
by livesoft
Sat Dec 15, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Year-End Tax Software Sales
Replies: 3
Views: 238

Re: Year-End Tax Software Sales

There are always real sales and not fake sales. I won't buy HRBlock tax prep until it goes under $25 with the 5% extra tax refund, so net cost of less than zero. Even $25 is higher than previous years, so I must be getting generous in my old age. Are you seriously believing that over $50 is a sale? ...
by livesoft
Sat Dec 15, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Nice gifts for young kids
Replies: 8
Views: 548

Re: Nice gifts for young kids

Well, what do you remember getting at age 0, 2, and 4?

I thought so.
by livesoft
Sat Dec 15, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Timing of 401K rollover
Replies: 3
Views: 102

Re: Timing of 401K rollover

Ah, the ol' Loss Aversion Behavorial Finance Trap manifests itself again. If you wait for the loss to go away, then whatever you are buying will also have gone up about the same amount and you would not have done yourself any good at all. As for compounding, that is something that doesn't matter eit...
by livesoft
Sat Dec 15, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Is E-Trade the lowest cost solo 401k for me?
Replies: 5
Views: 173

Re: Is E-Trade the lowest cost solo 401k for me?

I doubt E-Trade is the lowest cost for you. I have a TDAmeritrade individual 401(k) and individual Roth 401(k). Costs are only the expense ratios of the ETFs since the ETFs have no commission. Also, I can deposit my contributions without paying postage when I go to lunch or grocery shopping since th...
by livesoft
Sat Dec 15, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Tax Gain Harvesting - When Should I Transact?
Replies: 1
Views: 124

Re: Tax Gain Harvesting - When Should I Transact?

Calculate the amount of the dividend you will get. Calculate the tax you will pay on the dividend. What is it? Example: I will get $1513.34 in the December dividend from VTSAX. I will pay 0% tax on the dividend. Conclusion: I woud tax-gain harvest after getting the dividend since it will be just lik...
by livesoft
Sat Dec 15, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: international tax credit?
Replies: 1
Views: 105

Re: international tax credit?

Foreign tax credit. IRS Form 1116. Go for it: https://www.irs.gov/pub/irs-pdf/i1116.pdf
by livesoft
Sat Dec 15, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Bonds stocks commodities etc all declining. What to do?
Replies: 6
Views: 306

Re: Bonds stocks commodities etc all declining. What to do?

It is very interesting to me that GDP numbers are 3.5% for 3rd quarter 2018 and on track for something above 3%. Also unemployment is reported to be at historical lows. Corporations got a humongous tax cut for 2018, too. Gasoline prices are the lowest since February. So where did all the money go? S...
by livesoft
Fri Dec 14, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting - VTIAX ->VFWAX Timing
Replies: 8
Views: 462

Re: Tax Loss Harvesting - VTIAX ->VFWAX Timing

To avoid both distributions: Exchange VTIAX to a money market fund on 12/20. Then on 12/21 Buy the other fund. If the new fund goes up by that $20 on 12/21 before you have a chance to buy it, then the taxes you saved won't really matter, will they? Since the fund moves by 0.3% or more often, there i...
by livesoft
Fri Dec 14, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: New York camera stores, online purchases
Replies: 16
Views: 874

Re: New York camera stores, online purchases

Only GREAT experiences at both Adorama and B&H. I highly recommend them.
by livesoft
Fri Dec 14, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account - Index Mutual Fund vs ETF
Replies: 14
Views: 689

Re: Taxable Account - Index Mutual Fund vs ETF

Cterrell16.ct wrote:
Fri Dec 14, 2018 6:41 pm
Which of the two do you think would be the most tax efficient in his taxable account?
Which two are you asking about? There are two twos in the original post.
by livesoft
Fri Dec 14, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 69
Views: 2471

Re: Is it difficult to change a baby's legal name?

The kid will answer, "No, I am called JJ."
by livesoft
Fri Dec 14, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Transfer ira from one vanguard fund to another vanguard fund
Replies: 12
Views: 633

Re: Transfer ira from one vanguard fund to another vanguard fund

^I will write that you have done something incorrectly based on that last response. You should call and get it figured out.
by livesoft
Fri Dec 14, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: S&P 500 Down 11.2% Since September 20
Replies: 8
Views: 1089

Re: S&P 500 Down 11.2% Since September 20

bigtex wrote:
Fri Dec 14, 2018 4:26 pm
Where do I find the quarterly GDP growth?
Ask google. That's what it is there for. The quarter won't be over for a couple of weeks, then it takes time to gather and publish any data.
by livesoft
Fri Dec 14, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: December Qualified Dividend
Replies: 3
Views: 314

Re: December Qualified Dividend

It seems you might be misunderstanding the holding period of shares. Some research might be required.
by livesoft
Fri Dec 14, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting - VTIAX ->VFWAX Timing
Replies: 8
Views: 462

Re: Tax Loss Harvesting - VTIAX ->VFWAX Timing

How many dollars will the tax on the dividend cost you and what amount are you investing? Then I can calculate the percentage of the transaction that you are worried about. If it turns out that the percentage is less than 0.1%, then I'm going to be mad at you.
by livesoft
Fri Dec 14, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account - Index Mutual Fund vs ETF
Replies: 14
Views: 689

Re: Taxable Account - Index Mutual Fund vs ETF

Total Market all the way.

Buy both an ETF and a mutual fund. Then tell us next year which one was better for you.

See also: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds
by livesoft
Fri Dec 14, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 69
Views: 2471

Re: Is it difficult to change a baby's legal name?

James Daniel
-or-
Daniel James

both sound good to me. I don't know where "supplanter" comes from and I can assure you of all the Jim/James folks I know, I never once associated the word supplanter with them nor their names.
by livesoft
Fri Dec 14, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: December Qualified Dividend
Replies: 3
Views: 314

Re: December Qualified Dividend

Yes, you are supposed to be doing this yourself.
by livesoft
Fri Dec 14, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Schwab to another bank
Replies: 25
Views: 912

Re: Moving from Schwab to another bank

Amazingly, Wells Fargo does not charge fees for overseas transactions if you get the right kind of account. And they don't charge any fees if you get the right kind of account. I imagine that all banks have such "right kind of account."
by livesoft
Fri Dec 14, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 109
Views: 1235534

Re: For those waiting for a 'correction' ...

Play it safe and hold your money in cash (for now) - If and when the market undergoes a correction — which would represent a 10% decline from the Dow’s all-time high of 26,828 on Oct. 3 — Morey Stettner, a consultant, contributor to MarketWatch and author of “Skills for New Managers,” said he would...
by livesoft
Fri Dec 14, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Details Question
Replies: 5
Views: 309

Re: Roth Details Question

Yep, you got it: You ask your custodian via a form to do the conversion for you. They will send you a 1099-R some time in Feb-Mar next year for the converted amount. You will have to pay tax on the conversion, so you had better have some money to do that. On $45,000 the extra tax could be $22,000 or...
by livesoft
Fri Dec 14, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Question About Vanguard Target Fund + VTI (ETF)
Replies: 6
Views: 290

Re: Question About Vanguard Target Fund + VTI (ETF)

Vanguard Target Retirement 2055 is composed of about 54% VTI called by another name. Can you see that?

Adding VTI is a good option if you want to learn about ETFs by doing, but it really won't change much of anything else.
by livesoft
Fri Dec 14, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Accidentally created a wash sale
Replies: 4
Views: 345

Re: Accidentally created a wash sale

It will depend on who your broker is and how good they are with their web site, statements, and their 1099-B forms that will be sent to you. Perhaps your broker will do all the steps for you. For one example, see: https://www.bogleheads.org/forum/viewtopic.php?t=179414 I suggest you sell all your sh...
by livesoft
Fri Dec 14, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: 30 day wash rule
Replies: 5
Views: 355

Re: 30 day wash rule

happysteward wrote:
Fri Dec 14, 2018 12:45 pm
Whew! As a good boglehead you would think I would have asked this before my action :D
No, as a good Boglehead you would have created several wash sales on purpose and shown readers that they were all no big deal and nothing to worry about. :)
by livesoft
Fri Dec 14, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: Buying the dividend
Replies: 18
Views: 1407

Re: Buying the dividend

leftcoaster wrote:
Fri Dec 14, 2018 1:00 pm
Livesoft, so for VTI it would likely be ~70c/share in mostly qualified dividends, correct? Today it’s down 1.63, so that pencils out OK. Is that how you’re figuring it?
Yes. More or less.
by livesoft
Fri Dec 14, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: 30 day wash rule
Replies: 5
Views: 355

Re: 30 day wash rule

After 30 calendar days, so 31st day after sale at a loss is OK. If you sold at gain, then no wash sale in any case.
by livesoft
Fri Dec 14, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Buying the dividend
Replies: 18
Views: 1407

Re: Buying the dividend

You can (and should) calculate your tax cost for buying the dividend. You will probably find that the cost is a few dollars and much much less than the potential one or two day movement of the shares that you will purchase. And if you are buying in a tax-advantaged account, then it doesn't matter at...
by livesoft
Fri Dec 14, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Specific ID Shares at Vanguard
Replies: 11
Views: 551

Re: Selling Specific ID Shares at Vanguard

Simple. See screen captures in this thread:

viewtopic.php?t=179414

This kind of education should be provided at vanguard.com for all their clients.

My other brokers are even more simple than Vanguard.
by livesoft
Fri Dec 14, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Potential New Home - Planes and Trains Noise
Replies: 31
Views: 1872

Re: Potential New Home - Planes and Trains Noise

btenny wrote:
Fri Dec 14, 2018 11:52 am
Everyone says be alert for planes and trains. Well I think you also need to listen to noise from helicopters.
Yep, I lived near a hospital helipad.
by livesoft
Fri Dec 14, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Imminent retirees & sequence fear
Replies: 64
Views: 3315

Re: Imminent retirees & sequence fear

However I daresay we've never seen anything quite like the current times, at least not in a very long time. It's *too much* chaos, especially in the financial and political area. We all have to worry about a hack leading to our accounts getting dumped somewhere on the other side of the world on top...
by livesoft
Fri Dec 14, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Fisher Investments
Replies: 20
Views: 2757

Re: Asking again about Fisher Investments

BTW, one way to help you make your decision on any institution is to do web [Google] search such as

Fisher Investments fined

Contrast that with a web search such as

Vanguard fined

See any difference?
by livesoft
Fri Dec 14, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Fisher Investments
Replies: 20
Views: 2757

Re: Asking again about Fisher Investments

There is no way whatsoever that I would ever want any of my friends or family to work with Fisher investments. I don't care if they say they are a Fiduciary. I wonder how they can even say that, but I suppose they have an interesting interpretation of the word. Listen, Fisher Investments is a sales ...
by livesoft
Fri Dec 14, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: Potential New Home - Planes and Trains Noise
Replies: 31
Views: 1872

Re: Potential New Home - Planes and Trains Noise

Nature makes noise, too.

I've camped in remote areas with no humans for 10 miles around, but the frogs and insects have been so vocal that I needed earplugs and even those didn't help much. Ditto for wind in the leaves.
by livesoft
Fri Dec 14, 2018 5:47 am
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6611

Re: In a Bear Market, What Are Some Best Practices

If bonds and stocks are both down with AA out of whack with stocks underweighted, then one has to sell bonds to buy stocks. Doing nothing is not stay-the-course.
by livesoft
Thu Dec 13, 2018 10:05 pm
Forum: Personal Consumer Issues
Topic: Potential New Home - Planes and Trains Noise
Replies: 31
Views: 1872

Re: Potential New Home - Planes and Trains Noise

Google with the search term "noise maps" and take a look. You can see airports that you didn't even know existed.

Image
by livesoft
Thu Dec 13, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 93
Views: 6004

Re: Personal Adventure - recommendations

munemaker wrote:
Thu Dec 13, 2018 9:15 pm
How about exploring abandoned mines in West Virginia?
Oooh, very Bogleheadish because you make a profit on the copper you harvest and sell.
by livesoft
Thu Dec 13, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6611

Re: In a Bear Market, What Are Some Best Practices

How do folks resolve the "stay-the-course" advice and the "do nothing" advice? If one is really staying the course and staying committed to their asset allocation plan, then they should be buying to get any out-of-kilter asset allocation back into somewhat of a balance. Besides acting on RBD, whats...
by livesoft
Thu Dec 13, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: In a Bear Market, What Are Some Best Practices
Replies: 53
Views: 6611

Re: In a Bear Market, What Are Some Best Practices

How do folks resolve the "stay-the-course" advice and the "do nothing" advice? If one is really staying the course and staying committed to their asset allocation plan, then they should be buying to get any out-of-kilter asset allocation back into somewhat of a balance.
by livesoft
Thu Dec 13, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: One Day difference between same Mutal Fund and ETF
Replies: 6
Views: 380

Re: One Day difference between same Mutal Fund and ETF

Mutual fund closing prices for the day are a calculated Net Asset Value or NAV.

That's not the case for the ETF. The ETF price could be a premium or discount to the NAV depending on what the two parties to the last transaction of the day decided to pay each other.
by livesoft
Thu Dec 13, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 157
Views: 9214

Re: Robinhood Checking and Savings at 3%

7th thread started on the subject today. :)