Search found 63811 matches

by livesoft
Thu Jan 17, 2019 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Lobbying to modify 401k plan to allow for after-tax contributions and in-service rollover to Roth
Replies: 3
Views: 212

Re: Lobbying to modify 401k plan to allow for after-tax contributions and in-service rollover to Roth

Does it cost the company more to offer these? I don’t think any other employees even max out the 19k pre-tax elective amount, so this request to modify the plan would probably only benefit me. I was on the 401(k) committee at a 300+ firm. Yes, it costs money, time, and effort to offer these. I had ...
by livesoft
Thu Jan 17, 2019 10:59 am
Forum: Investing - Theory, News & General
Topic: Who Will Speak for US?
Replies: 12
Views: 1232

Re: Who Will Speak for US?

While folks here may not like it, Fidelity has picked up many of the tenets expressed by Jack Bogle and also Bogleheads.org. Here is something out this week from Fidelity: https://www.fidelity.com/viewpoints/investing-ideas/six-habits-successful-investors The six habits are : Develop a long-term pla...
by livesoft
Thu Jan 17, 2019 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Investment Allocations in Brokerage vs. Retirement Accounts
Replies: 6
Views: 298

Re: Investment Allocations in Brokerage vs. Retirement Accounts

People do it different ways. I'll tell you how I do it. 1. I don't have the same asset allocation in each of our accounts. I do have an overall portfolio asset allocation that I maintain. I keep track of asset allocation by using free tools as shown in this thread: https://www.bogleheads.org/forum/v...
by livesoft
Thu Jan 17, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 24
Views: 613

Re: [Wash sale concern - Are these stocks substantially identical?]

Thank you all very much for the replies! So, first I would say relax. 1. I wouldn't worry about funds held in the 401(k) myself. If the IRS comes knocking, then so what? 2. Only purchases will create wash sales. Since you control all purchases, I would not be concerned about wash sales myself. I th...
by livesoft
Thu Jan 17, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: Retirement savings new research
Replies: 22
Views: 3851

Re: Retirement savings new research

NotWhoYouThink wrote:
Thu Jan 17, 2019 9:51 am
Kind of buried the lede, didn't they?
Yes. It would have been so much simpler and shorter if they had simply stated: Work until you die.
by livesoft
Thu Jan 17, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: What is going on with my Vanguard account
Replies: 1
Views: 316

Re: What is going on with my Vanguard account

Lots of people have had this experience. It is well-known that Vanguard Portfolio Watch sucks and also that Vanguard doesn't maintain this piece of junk. Vanguard does index funds extremely well, but it does not do web sites well at all. Here is a thread from a few days ago: https://www.bogleheads.o...
by livesoft
Thu Jan 17, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 24
Views: 613

Re: [Wash sale concern - Are these stocks substantially identical?]

Questions the OP: How many times have you considered selling shares of VTSAX in your taxable account? How many times have you actually sold shares of VTSAX in your taxable account? How many times have you actually sold shares of VTSAX at a loss in your taxable account? I have some follow-up question...
by livesoft
Thu Jan 17, 2019 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Roth contribution with the HEART act
Replies: 8
Views: 718

Re: Roth contribution with the HEART act

The OP may not be aware that US Treasuries held to maturity are just as safe (if not safer) than CDs and there are no limits like with FDIC insured products per bank. Vanguard offers Treasuries and CDs, too. And as far as inflation goes, there are Treasury Inflation-Protected Securities, too. I'm no...
by livesoft
Thu Jan 17, 2019 8:32 am
Forum: Investing - Help with Personal Investments
Topic: New to the forum and looking for advice
Replies: 3
Views: 175

Re: New to the forum and looking for advice

Your current portfolio seems to be well within an almost 100% stock portfolio, have you determined your current asset allocation yourself? It looks to me like you need to get a bond fund in there somewhere, presumably the 401(k). (I get that you want US/Int'l equity ratio to be 70/30.) In order to s...
by livesoft
Thu Jan 17, 2019 7:31 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 56
Views: 4405

Re: Recommendations for home paper shredder

Two years later this necro thread is still going. I can provide an update to my previous contribution to this thread: I have the same shredder and it has now not been oiled for 5 years. Still shredding something almost every day, but it has been moved to a more prominent location closer to the kitch...
by livesoft
Thu Jan 17, 2019 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Best kids savings account
Replies: 14
Views: 1153

Re: Best kids savings account

If it is about teaching kids about money and banks, but not about making enough interest for one lunch a year, then just opening a joint account with a parent is fine. When our kids reached about 13 years of age or so, we opened a free checking & savings account at our bank for them. (Some of you mi...
by livesoft
Wed Jan 16, 2019 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Unusual Check from Fidelity
Replies: 8
Views: 713

Re: Unusual Check from Fidelity

FWIW, my daughter worked in high school as a paid summer intern for a company that used Fidelity for both payroll and the 401(k). The company automatically opted in all employees into the 401(k) plan. But she was not yet 18 and was not eligible for the company contribution. She never logged in onlin...
by livesoft
Wed Jan 16, 2019 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Unusual Check from Fidelity
Replies: 8
Views: 713

Re: Unusual Check from Fidelity

She should be aware of where the money originated from because the tax consequences will be different. If it is from a forcibly close 401(k), then she can rollover it over within 60 days. My spouse got such a check when her employer was sold. She forgot about it and almost didn't get it into a rollo...
by livesoft
Wed Jan 16, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 736
Views: 33005

Re: John Bogle is dead at 89

A sad day indeed. This man and his ideas have helped my family in uncountable ways since 1982.
by livesoft
Wed Jan 16, 2019 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: TIRA Roth Conversion and Backdoor Roth IRA in the same year possible?
Replies: 2
Views: 91

Re: TIRA Roth Conversion and Backdoor Roth IRA in the same year possible?

Yes. One doesn't pay tax on non-deductible contributions to a tIRA under any normal circumstances.

If you convert all your tIRA, then pro-rated comes out the way you expect: Tax on the tax-deferred bit and no tax on the non-deductible bit.
by livesoft
Wed Jan 16, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 59
Views: 5782

Re: Have I Now Become Out of Touch Financially? Aging question...

I use a 2-liter bottle of Dr Pepper as my inflation index. This week they were 88 cents each, so no inflation for past 5 years.
by livesoft
Wed Jan 16, 2019 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation
Replies: 12
Views: 872

Re: Bond Allocation

I don't necessarily disagree, but I do remember reading something from Jack Bogle discussing the topic, noting only including U.S. Treasury notes will significantly underestimate the future returns on the broad bond market (by about 1%). Doesn't seem that would be trivial to a portfolio. One can do...
by livesoft
Wed Jan 16, 2019 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: stuck forever in alternative funds after tax loss harvesting?
Replies: 12
Views: 605

Re: stuck forever in alternative funds after tax loss harvesting?

Back in 2009, I exchanged VTSAX into VLCAX and also IJS into VBR. I'm stuck in VLCAX and VBR which is just fine with me. I did nothing with that VLCAX and VBR. I have not added to them and I have not reinvested dividends. I collect the dividends and spend them or invest them elsewhere. It does not b...
by livesoft
Wed Jan 16, 2019 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: transferring ETFs and cost basis info not showing up
Replies: 3
Views: 194

Re: transferring ETFs and cost basis info not showing up

It should show up, but you should already have the cost basis information in your possession so that you don't need the old institution to give it to you. That is, keep your annual statements where you can find them easily in your home or cell phone.
by livesoft
Wed Jan 16, 2019 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Four in One Fund for a Starter
Replies: 7
Views: 485

Re: Fidelity Four in One Fund for a Starter

My daughter has her Roth IRA 100% invested in FFNOX. But at first she would not able to meet the initial minimum investment, so she started with an ETF.
by livesoft
Wed Jan 16, 2019 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Money Market Options
Replies: 15
Views: 1000

Re: TD Ameritrade Money Market Options

NPLXX may not exist anymore. :)
by livesoft
Wed Jan 16, 2019 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Money Market Options
Replies: 15
Views: 1000

Re: TD Ameritrade Money Market Options

I suppose we could do this research for you. First, I would just find on the web ALL the MM funds paying over 2%. There must be a list somewhere. Then I would eliminate some that would not be NTF at TDAmeritrade such as all the Vanguard ones, the Fidelity ones, .... Then I would just start at the to...
by livesoft
Wed Jan 16, 2019 1:27 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 22
Views: 1162

Re: Any admission pointers from pre- med/ med students?

I worked in a hospital (not a volunteer, got paid) as a nursing aide. I got to give enemas, shave patients for urological surgery, feed them, change bed sheets, clean up the fresh dead, and lots of other things. So I recommend getting a job now in the health care field. I decided not to apply to med...
by livesoft
Wed Jan 16, 2019 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Please recommend some funds that can serve as partners/substitues for Vanguard Total Bond Fund (VTABX) for TLH.
Replies: 5
Views: 343

Re: Please recommend some funds that can serve as partners/substitues for Vanguard Total Bond Fund (VTABX) for TLH.

^Right, I think cash would be OK for the month or any short-term bond fund. Any short-term gains realized from selling would be taxed the same as interest on a savings account. I don't think anyone would complain about a savings account that was paying 5% nowadays if they could be so lucky.
by livesoft
Wed Jan 16, 2019 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Error in Bogleheads Guide to Retirement Planning, 2009 edition?
Replies: 14
Views: 980

Re: Error in Bogleheads Guide to Retirement Planning, 2009 edition?

This reminds of a graphical user interface that I helped developed. If we got a question from a user, then we worked on making the GUI clearer. If we got a similar question from two different users, we then changed the software much more quickly to address it. We didn't care if we thought the origin...
by livesoft
Wed Jan 16, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 74
Views: 2421

Re: Any good reason to get a smartwatch?

Nowizard wrote:
Tue Jan 15, 2019 3:03 pm
Daftinvestor: Just a question. You text people in the same house rather than talking?
Tim
I text my over-the-ears-headphone-wearing son in his upstairs back bedroom rather than talking because otherwise I would be wasting my breath.
by livesoft
Wed Jan 16, 2019 11:50 am
Forum: Investing - Help with Personal Investments
Topic: VOO OR VTSAX FOR BROKERAGE ACCOUNT
Replies: 13
Views: 340

Re: VOO OR VTSAX FOR BROKERAGE ACCOUNT

bei22000 wrote:
Wed Jan 16, 2019 11:48 am
Thank you guys for all your input. I will use the total stock market fund. By the way, the main reason they use VOO is that VTSAX has the minimum req. to start with -I think.
Ask them then why they don't use VTI please.
by livesoft
Wed Jan 16, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Ever encountered a toxic advisor? How did you handle it?
Replies: 20
Views: 2165

Re: Ever encountered a toxic advisor? How did you handle it?

I am blessed that I haven't run into toxic people personally, but if I did then I would be unafraid to ask them what's going on in their life. I enjoy figuring out what makes people tick and they are almost universally happy to tell me.
by livesoft
Wed Jan 16, 2019 11:39 am
Forum: Investing - Help with Personal Investments
Topic: VOO OR VTSAX FOR BROKERAGE ACCOUNT
Replies: 13
Views: 340

Re: VOO OR VTSAX FOR BROKERAGE ACCOUNT

You should use VTSAX.

Generally, one's co-workers is not the best place to get investment advice.
by livesoft
Wed Jan 16, 2019 11:38 am
Forum: Investing - Help with Personal Investments
Topic: RMD & dividends
Replies: 7
Views: 499

Re: RMD & dividends

my name wrote:
Wed Jan 16, 2019 11:33 am
Am I missing anything?
You might die before you take your RMD, so make sure your beneficiaries know what to do.
by livesoft
Wed Jan 16, 2019 11:29 am
Forum: Investing - Help with Personal Investments
Topic: tax exempt bond funds/etfs in Fidelity ?
Replies: 3
Views: 235

Re: tax exempt bond funds/etfs in Fidelity ?

JD13 wrote:
Wed Jan 16, 2019 10:52 am
Does fidelity has similar funds/etfs which I can use to fill up rest of my bond portfolio in my taxable account.
All ETFs are available at any brokerage, so I am sure the answer is yes without looking.
by livesoft
Wed Jan 16, 2019 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation
Replies: 12
Views: 872

Re: Bond Allocation

It appears that the only place to put such long-term corporate bond fund would be the 401(k) which I am going to guess belongs to your spouse. I would not do it myself. Your portfolio's 20% allocation to bonds means that whatever bonds do is not going to change the portfolio performance very much at...
by livesoft
Wed Jan 16, 2019 10:09 am
Forum: Investing - Help with Personal Investments
Topic: RMD & dividends
Replies: 7
Views: 499

Re: RMD & dividends

For relatively tax-inefficient actively-managed funds that pay distributions in December, I would not want to buy the dividend in a taxable account. For relatively tax-efficient index mutual funds that pay a quarterly dividend in December, if one buys the dividend, then the tax consequences are rela...
by livesoft
Wed Jan 16, 2019 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Taxable diversification question and portfolio review request
Replies: 9
Views: 562

Re: Taxable diversification question and portfolio review request

Yes, I mean a tax-exempt bond fund such as the Vanguard ones. I have learned that I am not a good person to tell another investor whether a mutual fund or an ETF is better for them. I am very comfortable with either of them and prefer ETFs myself for equities, but also have bond mutual funds and bon...
by livesoft
Wed Jan 16, 2019 9:35 am
Forum: Investing - Help with Personal Investments
Topic: RMD & dividends
Replies: 7
Views: 499

Re: RMD & dividends

I'm gonna say it doesn't matter, but maybe you are asking about buying the dividend in a taxable account. If so, please clarify.

I take out my RMD in January which is well before the December distributions.
by livesoft
Wed Jan 16, 2019 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Taxable versus non-taxable allocation
Replies: 19
Views: 1002

Re: Taxable versus non-taxable allocation

^ You can use them for rebalancing. They don't have to be used to buy the same fund/ETF that paid them. You can manually reinvest a day earlier than if they were automatically reinvested. You can control whether they would create a wash sale for you or not. You can spend them instead. See also: http...
by livesoft
Wed Jan 16, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Is IRS mailing W2 and W3 forms?
Replies: 5
Views: 580

Re: Is IRS mailing W2 and W3 forms?

I doubt the IRS is functioning, but call your congress person and ask them. It is their job to answer questions from constituents. :)
by livesoft
Wed Jan 16, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Tax prep software with direct input to forms rather than hand holding?
Replies: 12
Views: 928

Re: Tax prep software with direct input to forms rather than hand holding?

Is it true that if you override a number in tax prep software, then the tax prep software won't let you e-file and you must mail it in?
by livesoft
Wed Jan 16, 2019 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Taxable diversification question and portfolio review request
Replies: 9
Views: 562

Re: Taxable diversification question and portfolio review request

What's wrong with holding tax-exempt muni bond fund in taxable for you? OTOH, your taxable account looks like it will be relatively small and grow slowly, so a 60/40 asset allocation there will not really be meaningful. I think it won't really matter whether it is 100/0 or 0/100 or anywhere in-betwe...
by livesoft
Wed Jan 16, 2019 8:23 am
Forum: Investing - Help with Personal Investments
Topic: VOO Dividends--How to avoid double tax when wanting to spend them?
Replies: 14
Views: 635

Re: VOO Dividends--How to avoid double tax when wanting to spend them?

Livesoft. I understand that but I never want to sell the initial position. I would live to hold forever and eventually spend dividends and only pay tax on them. What you suggest means I only get the benefit back when I sell the whole position which I don't want to do ever No, that is not what I sug...
by livesoft
Wed Jan 16, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 157
Views: 12320

Re: Around 43K in dividends last year - feel good about it ?

One should not be invested in single companies in the first place, so this questions do not arise for the retail investor of ETFs and mutual funds.
by livesoft
Wed Jan 16, 2019 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Taxable versus non-taxable allocation
Replies: 19
Views: 1002

Re: Taxable versus non-taxable allocation

Since you are asking the question, I am going to answer: "No, you should not have dividends automatically reinvested. Instead you should manually reinvest the dividends yourself."
by livesoft
Wed Jan 16, 2019 8:07 am
Forum: Investing - Help with Personal Investments
Topic: VOO Dividends--How to avoid double tax when wanting to spend them?
Replies: 14
Views: 635

Re: VOO Dividends--How to avoid double tax when wanting to spend them?

Or instead of buying shares of VOO with the VOO dividend, you buy sushi lunches with the money. You have not paid double tax on the dividends.

Then you sell all your shares of VOO. Your cost basis is $10,000 so your return of capital is $10,000 and that $10,000 of your sale proceeds is not taxed.
by livesoft
Wed Jan 16, 2019 8:05 am
Forum: Investing - Help with Personal Investments
Topic: VOO Dividends--How to avoid double tax when wanting to spend them?
Replies: 14
Views: 635

Re: VOO Dividends--How to avoid double tax when wanting to spend them?

Here's an example: 1. Buy $10,000 of VOO with money from your job. 2. Get $200 of dividends. The $200 is income on your taxes. Buy $200 more of VOO. You have now paid $10200 for your shares of VOO. 3. Get $204 of dividends. The $204 is income on your taxes. Buy $204 more of VOO. You have now paid $1...
by livesoft
Wed Jan 16, 2019 7:59 am
Forum: Investing - Help with Personal Investments
Topic: VOO Dividends--How to avoid double tax when wanting to spend them?
Replies: 14
Views: 635

Re: VOO Dividends--How to avoid double tax when wanting to spend them?

I think you are missing something ... have you ever filled out your own tax return when you have received dividends or sold shares? The main point to know is that Return of capital is tax-free. , so your capital is taxed only once (or maybe you are in a low enough tax income situation that it is not...
by livesoft
Wed Jan 16, 2019 6:32 am
Forum: Investing - Theory, News & General
Topic: When/why have you needed customer service from Fido, VG, Schwab etc.?
Replies: 30
Views: 1395

Re: When/why have you needed customer service from Fido, VG, Schwab etc.?

I wanted to open a solo 401(k) with traditional and Roth options. It was easiest to go sit in the office of TDAmeritrade and make sure the paperwork was all filled out correctly with no back-and-forth via e-mail or messaging. Even in the office, speaker phone was used to call the 401(k) expert in th...
by livesoft
Tue Jan 15, 2019 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing for modest early retirement in 5yrs. Questions & Feedback.
Replies: 36
Views: 2273

Re: Preparing for modest early retirement in 5yrs. Questions & Feedback.

fortfun wrote:
Tue Jan 15, 2019 10:18 pm
Thanks Livesoft! What is one to do if the market crashes and you need to use money from those buckets?
You stop spending money by lowering your expenses.
by livesoft
Tue Jan 15, 2019 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing for modest early retirement in 5yrs. Questions & Feedback.
Replies: 36
Views: 2273

Re: Preparing for modest early retirement in 5yrs. Questions & Feedback.

If you have not read the entire series from EarlyRetirementNow on sustained withdrawal rates, then now is great time to start in on that: https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ I think you will see that you probably should not put bonds in...
by livesoft
Tue Jan 15, 2019 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: John Hancock funds not showing any dividends?
Replies: 4
Views: 232

Re: John Hancock funds not showing any dividends?

When my spouse had a 401(k) plan with a 2% fee, we found it was prudent to take out the maximum possible 401(k) loan and invest the money elsewhere. We chose a 529 plan since the gains would be tax-free with children going to college. Check the fees to setup and service the 401(k) loan though as wel...