Search found 56925 matches

by livesoft
Thu Dec 14, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: What are your favorite tax deductions and credits for 2017?
Replies: 18
Views: 807

Re: What are your favorite tax deductions and credits for 2017?

How do you precisely figure that out? I’ve seen calculators to estimate how much of a refund you can get from mortgage interest and property taxes, but not a comprehensive calculator that takes into consideration all such deductions with income. I don't think you will like my answer: I precisely fi...
by livesoft
Thu Dec 14, 2017 8:32 pm
Forum: Personal Consumer Issues
Topic: How to find a good realtor that negotiates well
Replies: 21
Views: 1117

Re: How to find a good realtor that negotiates well

Your real estate agent does not have to negotiate for you. You can negotiate for yourself by simply telling the agent what to tell the folks on the other side of the deal. Your agent just passes on your thoughts, comments, and reasoning with every correspondence to the other party. Of course, you ha...
by livesoft
Thu Dec 14, 2017 8:27 pm
Forum: Investing - Theory, News & General
Topic: Moods of the U.S. Stock Market, 1990-2017
Replies: 10
Views: 680

Re: Moods of the U.S. Stock Market, 1990-2017

"miscalculations" or simple behavioral errors?
by livesoft
Thu Dec 14, 2017 8:16 pm
Forum: Investing - Theory, News & General
Topic: Jim Simons Medalion fund averages 71.8% annual return
Replies: 21
Views: 2822

Re: Jim Simons Medalion fund averages 71.8% annual return

I have never seen a real, credible report of the Medallion fund performance. I think hints have been dropped to journalists who accepted some of them as fact and those numbers have crept into the mystique and vernacular of this fund. The performance could be higher or lower, but there is no reason f...
by livesoft
Thu Dec 14, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: What are your favorite tax deductions and credits for 2017?
Replies: 18
Views: 807

Re: What are your favorite tax deductions and credits for 2017?

I like the standard deduction myself. :)

It tells me that I am not overpaying for my property, state, and local taxes.
by livesoft
Thu Dec 14, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: cash, market timing, and such: retirement funds
Replies: 8
Views: 514

Re: cash, market timing, and such: retirement funds

Of course, a financial salesrep would sell you an annuity: "You can't lose money! But I get the benefit you investing in the stock market!"
by livesoft
Thu Dec 14, 2017 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: cash, market timing, and such: retirement funds
Replies: 8
Views: 514

Re: cash, market timing, and such: retirement funds

We can't help you. Sorry.

I mean, if someone writes to me and says "I don't want to do market timing, but I want to do market timing" what am I supposed to say?
by livesoft
Thu Dec 14, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: Ensuring I don't buy the dividend
Replies: 28
Views: 1189

Re: Ensuring I don't buy the dividend

The reality is that it is not as bad in 2017 as it was years ago. Now that these index fund things pay out quarterly dividends instead of annual dividends the December dividends are about one-fourth what they used to be. However, actively managed funds like Wellington and Wellesley which probably sh...
by livesoft
Thu Dec 14, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: Ensuring I don't buy the dividend
Replies: 28
Views: 1189

Re: Ensuring I don't buy the dividend

If one searches vanguard.com with "year end distributions" one will find the distribution dates and other things. ex-div for VOO appears to be 12/26.
by livesoft
Thu Dec 14, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: Ensuring I don't buy the dividend
Replies: 28
Views: 1189

Re: Ensuring I don't buy the dividend

No need to apologize. The thread would have happened anyways. ;)

But: the next person to ask today has some explaining to do and I will accept their apology. :)
by livesoft
Thu Dec 14, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 21
Views: 1076

Re: any sense in purchasing an annuity before retirement?

I think the answer is: Nope, no sense in purchasing an annuity before retirement or until several years into retirement.
by livesoft
Thu Dec 14, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Tax planning: Convert Roth or zero tax due?
Replies: 8
Views: 417

Re: Tax planning: Convert Roth or zero tax due?

I go for the Roth conversion myself and choose not to pay $0 in taxes even though I could I suppose.
by livesoft
Thu Dec 14, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 25
Views: 2114

Re: What is a Reasonable Retirement Cost of Living?

I graduated from high school in Northern Virginia. I know it quite well. A 40+ hour a week job got me into a private elite university. That was an outstanding EC.
by livesoft
Thu Dec 14, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 25
Views: 2114

Re: What is a Reasonable Retirement Cost of Living?

Just use what you spend now. If you end up spending less, then you will be pleasantly surprised. I guess I also have to ask why do you think you are spending so much on kids in high school? They should get some jobs in a retail food establishment where they get free meals, too. I know that's what I ...
by livesoft
Thu Dec 14, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest like this ?
Replies: 13
Views: 834

Re: Should I invest like this ?

airelleofmusic wrote:
Thu Dec 14, 2017 12:26 pm
Thank you very much.
So everyone thinks I must stay away from investing with an advisor... and rather go for a 3-fund portfolio
Don't include me in that "everyone."
by livesoft
Thu Dec 14, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: seeking financial advice
Replies: 16
Views: 1007

Re: seeking financial advice

The problem with the in-laws is that they were sold a deferred annuity. Where did they get the money for that? I will say that it is pretty difficult to have $3 MM from normal contributions to a traditional 401(k) or traditional IRA because (a) they haven't been around that long and (b) in the early...
by livesoft
Thu Dec 14, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: TLH: Would you treat these 4 international funds as virtually interchangeable
Replies: 6
Views: 493

Re: TLH:ould you treat these 4 international funds as virtually interchangeable

The actual mechanics will have some influence on what one might do. For instance, if one has VTIAX, then exchanging to VFWAX is the easiest thing to do. If one has IXUS, then exchanging into another ETF is probably easier such as VEU. And getting VEA/VTMGX in taxable, while putting VSS in tax-advant...
by livesoft
Thu Dec 14, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Traditional, Roth, Taxable - what's my right mix?
Replies: 9
Views: 604

Re: Traditional, Roth, Taxable - what's my right mix?

You should be able to convert traditional to Roth when retired and in an even lower tax bracket, so it doesn't make sense to not contribute the maximum to traditional tax-deferred accounts first.
by livesoft
Thu Dec 14, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Traditional, Roth, Taxable - what's my right mix?
Replies: 9
Views: 604

Re: Traditional, Roth, Taxable - what's my right mix?

I would do 100% Traditional if possible first. Then with leftovers savings, Roth IRAs. Then after maxing Roths, think about taxable if there is money leftover to invest.
by livesoft
Thu Dec 14, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 102
Views: 8308

Re: GE - a good value?

I think quite a lot of people will be selling GE before January 1 in the normal course of tax-loss harvesting.
by livesoft
Thu Dec 14, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Is Room and Board Deposit a 529 Qualified Expense?
Replies: 5
Views: 379

Re: Is Room and Board Deposit a 529 Qualified Expense?

Does that mean that you can claim more than your actual cost towards 529 distribution? I think so. No, I don't think it means that. IRS Publication 970 specifically says it does not mean that. The expense for room and board qualifies only to the extent that it isn't more than the greater of the fol...
by livesoft
Thu Dec 14, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: seeking financial advice
Replies: 16
Views: 1007

Re: seeking financial advice

Retire in your 50's and pay no income taxes:
viewtopic.php?t=87471

Given that you intend to be in a much lower tax bracket in retirement, then the traditional 401(k) is even more compelling.
by livesoft
Thu Dec 14, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: what to do with residual $1.00 dividend in my rollover IRA after i transferred to 401k?
Replies: 6
Views: 355

Re: what to do with residual $1.00 dividend in my rollover IRA after i transferred to 401k?

boglechu wrote:
Thu Dec 14, 2017 10:19 am
i need balance of all ira's to be $0 to do backdoor $5500 roth ira conversion.
That's not true. You can convert the $1 to your Roth IRA if you want to.
by livesoft
Thu Dec 14, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Differences between large cap etfs?
Replies: 6
Views: 191

Re: Differences between large cap etfs?

I look at how each one affects my taxes, total return, expense ratio, and liquidity measured by average daily volume and average bid/ask spread. I also prefer one with more holdings for the diversification.
by livesoft
Thu Dec 14, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: FIFO and withdrawals from taxable
Replies: 12
Views: 503

Re: FIFO and withdrawals from taxable

I am reminded of the Fiscal Cliff when many wealthy people did a bunch of stuff that cost them a lot in taxes, then nothing happened.
by livesoft
Thu Dec 14, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: FIFO and withdrawals from taxable
Replies: 12
Views: 503

Re: FIFO and withdrawals from taxable

What FIFO? Are you writing about some super secret tax bill that no one knows anything about and that hasn't been explained to anyone and that is not even out of committee and hasn't been signed into law?
by livesoft
Thu Dec 14, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Overweight bonds and REITs in tax-advantaged accounts?
Replies: 5
Views: 500

Re: Overweight bonds and REITs in tax-advantaged accounts?

What? The OP is totally misreading what is in the wiki. One can put any investments they want in tax-advantaged accounts. ANY INVESTMENTS THEY WANT! They can be tax inefficient investments. They can be tax efficient investments. Period. In taxable account, it is best to have tax efficient investment...
by livesoft
Thu Dec 14, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: seeking financial advice
Replies: 16
Views: 1007

Re: seeking financial advice

You make so much money now that you will have no problem with contributing the maximums to your 401(k)s, your Roths, and have money left over for your college expenses. You will not get any financial aid since you are so wealthy. If you do not contribute to Roth 401(k) and instead contribute to trad...
by livesoft
Thu Dec 14, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: FIFO and withdrawals from taxable
Replies: 12
Views: 503

Re: FIFO and withdrawals from taxable

Why would you do that?
by livesoft
Thu Dec 14, 2017 8:55 am
Forum: Investing - Help with Personal Investments
Topic: seeking financial advice
Replies: 16
Views: 1007

Re: seeking financial advice

I would contribute maximums to 401(k) and to Roths before contributing one dime to a 529 plan. See also: https://www.bogleheads.org/forum/viewtopic.php?t=79510 to get your income taxes extremely low which will of course save you money for investing in the long term. I would NOT be doing Roth 401(k) ...
by livesoft
Thu Dec 14, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 44
Views: 4138

Re: Reached 50X annual spending. Now what?

Now what? Go start spending.
by livesoft
Thu Dec 14, 2017 4:07 am
Forum: Investing - Theory, News & General
Topic: interest rate hike, bond went UP
Replies: 5
Views: 1356

Re: interest rate hike, bond went UP

Bond princes move well before known interest rate hikes. Only idiots would wait until the day of the interest rate hike to change their bond prices. The rate hikes has been talked about for months, so bond prices have been lower for months. And did you notice that interest rates are expected to go u...
by livesoft
Wed Dec 13, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: IRAs in wrong bucket - how do I fix it?
Replies: 4
Views: 458

Re: IRAs in wrong bucket - how do I fix it?

Call up Vanguard and tell them what you want to do. It really is that simple.
by livesoft
Wed Dec 13, 2017 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: 3 accounts, 30 plus funds, 330,000 value, 2 advisers
Replies: 15
Views: 1275

Re: 3 accounts, 30 plus funds, 330,000 value, 2 advisers

Leave the advisor at WellfsFargo for sure. They are not doing you any favors.

In general, new people asking for help post in this format:
viewtopic.php?f=1&t=6212
by livesoft
Wed Dec 13, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions - Spouse is Employee
Replies: 37
Views: 2460

Re: Edward Jones Guided Solutions - Spouse is Employee

I told the EJ guy that came to my house that he was ruining his chances for his family's retirement along with the the chances for any of their clients. He left white as a ghost and never came back. Since this appears to be the first time this has come up, I also suggest that your spouse get a diffe...
by livesoft
Wed Dec 13, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest like this ?
Replies: 13
Views: 834

Re: Should I invest like this ?

I would not invest like that.
by livesoft
Wed Dec 13, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs. Tax Deferred - not much difference?
Replies: 25
Views: 956

Re: Taxable vs. Tax Deferred - not much difference?

I certainly don't believe everything my friends tell me. And I don't believe everything bogleheads tell me.

How about you? Did you do the math correctly yourself? Can you show us? Don't forget to include taxes in the results, too.
by livesoft
Wed Dec 13, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale and IRAs
Replies: 3
Views: 171

Re: Wash Sale and IRAs

I agree. This is not a meaningful wash sale. You have no deductible loss on your tax return.
by livesoft
Tue Dec 12, 2017 6:30 pm
Forum: Investing - Theory, News & General
Topic: Does any indicator not predict a 2000/2007'ish crash?
Replies: 47
Views: 2328

Re: Does any indicator not predict a 2000/2007'ish crash?

There are not enough "Why not 100% stocks?" threads on bogleheads.org, too.

I haven't even seen a "Why not 100% BTC?" thread yet either.
by livesoft
Tue Dec 12, 2017 6:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 47
Views: 5298

Re: Vanguard year end distributions - updated estimates

Really annoying they don't list them by ticker code. Like people remember the full name of their funds. You clicked on the wrong link. For instance, here is the link for ETFs: https://personal.vanguard.com/pdf/YEETF_122017.pdf It is true that Vanguard does not go out of their way to make the link o...
by livesoft
Tue Dec 12, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: One rollover per 12 months or calendar year per IRS rules?
Replies: 8
Views: 437

Re: One rollover per 12 months or calendar year per IRS rules?

Yes, if they are FBO even if the check comes to your door first.

"... are not limited." is found right at the top of your link.
by livesoft
Tue Dec 12, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: Does any indicator not predict a 2000/2007'ish crash?
Replies: 47
Views: 2328

Re: Does any indicator not predict a 2000/2007'ish crash?

Here is something that does not predict a crash: Jobs. Jobs. And more Jobs. Unemployment quite low and companies cannot find good employees. Why are you ignoring that?
by livesoft
Tue Dec 12, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: how to glean ETF information
Replies: 4
Views: 254

Re: how to glean ETF information

I actually did not understand the original post at all, so I suspect that if they called some kind of 800-number that the person on the other end did not understand what they were trying to achieve. What is data? What is a prototype? Who is your brokerage or financial institution? "When I look at a ...
by livesoft
Tue Dec 12, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to report property tax
Replies: 6
Views: 329

Re: How to report property tax

I pay my property taxes directly to the local authorities. They send me a bill. I send them a check. The IRS is not involved at all. I put the amounts I paid on my Schedule A. So it is just like any other tax deductible item (charitable donation): I have a cancelled check and a receipt.
by livesoft
Tue Dec 12, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Liquidating Taxable Account to Fund Roth IRA?
Replies: 3
Views: 399

Re: Liquidating Taxable Account to Fund Roth IRA?

You should sell your taxable account shares that have short-term losses before the end of the year regardless of what you do with the money for the tax deduction AND clearing out losers every year. If you sell for a loss, do not buy the same shares in your Roth within 30 days (wait 31 days). You can...
by livesoft
Tue Dec 12, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring Appreciated Securities to a Charity
Replies: 4
Views: 211

Re: Transferring Appreciated Securities to a Charity

No, one does not need to use a DAF for this. But the 2nd thing you wrote about is not done either. One can give the shares to the charity and they will put the shares in their already existing brokerage account. If they don't have an already existing brokerage account, then the charity has to create...
by livesoft
Tue Dec 12, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard voyager client service
Replies: 6
Views: 784

Re: Vanguard voyager client service

I don't think there is really such a thing as Vanguard Voyager Client Service. One can always pay extra for Vanguard Personal Advisor Services (PAS). If one searches the bogleheads.org forum, then one can find more information about this, but I would first read what vanguard.com says. My impression ...