Search found 60996 matches

by livesoft
Mon Jul 16, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me untangle this mess!
Replies: 9
Views: 713

Re: Please help me untangle this mess!

I like TDAmeritrade, but maybe you should switch your Roths and your taxable account to Vanguard? Are you willing to do that? I would switch if there was a good reason. I got some advice here that the STPM ETF is pretty close to the a guard TSM fund so I moved my taxable stuff there. Was thinking I...
by livesoft
Mon Jul 16, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me untangle this mess!
Replies: 9
Views: 713

Re: Please help me untangle this mess!

His 401(k) could / should hold only the Bond Index fund and the S&P 500 index fund. With that as an anchor, the other accounts should be easy to figure out. For instance, the Roth IRAs could hold the so-called completion index (aka extended market index) and small-cap foreign index. Her 401(k) could...
by livesoft
Mon Jul 16, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me untangle this mess!
Replies: 9
Views: 713

Re: Please help me untangle this mess!

I like TDAmeritrade, but maybe you should switch your Roths and your taxable account to Vanguard? Are you willing to do that?
by livesoft
Mon Jul 16, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 14
Views: 795

Re: Families - What's your total annual credit card spend?

We pay almost everything with a credit card: phone bills, other utilities, insurance, college tuition, plus all the usual stuff. We try to never ever use cash for anything. So about $17 a year.
by livesoft
Mon Jul 16, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Shoe shine, airport?
Replies: 4
Views: 452

Re: Shoe shine, airport?

Hotels will have your shoes shined as well. Dry cleaners may have a shoe shine/repair service, too.

I've not had to wear shoes that need shining since about the time of my wedding and I rented shiny shoes for that.
by livesoft
Mon Jul 16, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 34
Views: 867

Re: Would you pay $120 for a 5 year dishwasher warranty?

I would not. I know how to fix dishwashers.
by livesoft
Mon Jul 16, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: How much did your braces/invisalign braces cost?
Replies: 11
Views: 665

Re: How much did your braces/invisalign braces cost?

Under $4K for one kid. The other kid, no braces. I think $6K is at least $2K too much. Shop around. We did.
by livesoft
Mon Jul 16, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for young colleague please
Replies: 15
Views: 974

Re: Advice for young colleague please

She can invest 18,500 in 401k and then 5,500 Roth IRA per year I believe. Not 401k and tIRA both. Feel pretty sure about that. ?? The nuance is that while she could invest in a tIRA, it would not be tax deductible, so there would be no point and the Roth IRA would be a better choice. Why would she ...
by livesoft
Mon Jul 16, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Tax loss harvest this?
Replies: 3
Views: 358

Re: Can I Tax loss harvest this?

Just wait until the 31st day AFTER 6/29 and then TLH. So to answer you question: Yes.
by livesoft
Mon Jul 16, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 35
Views: 1218

Re: Have you ever purchased a pricy musical instrument?

Pianos. Plural. My spouse was a music major.
by livesoft
Mon Jul 16, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Advice for young colleague please
Replies: 15
Views: 974

Re: Advice for young colleague please

kjsammy wrote:
Mon Jul 16, 2018 8:59 am
She can invest 18,500 in 401k and then 5,500 Roth IRA per year I believe. Not 401k and tIRA both. Feel pretty sure about that. ??
The nuance is that while she could invest in a tIRA, it would not be tax deductible, so there would be no point and the Roth IRA would be a better choice.
by livesoft
Mon Jul 16, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 60
Views: 4195

Re: Bears!!!

For us, recycling just replaces curbside garbage with curbside materials in a recycling container. As for composting, we do that, but there is very little to compost if one chooses food wisely and eats it. One example is an apple. Here are two apples, one before cutting to eat and one after. Note th...
by livesoft
Mon Jul 16, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Advice for young colleague please
Replies: 15
Views: 974

Re: Advice for young colleague please

She should put 100% of her 401(k) in one (1) single fund: Vanguard Target Retirement 2045.

If she can, then later she should start a Roth IRA and put the contributions in one (1) single fund: Vanguard Target Retirement 2045.
by livesoft
Mon Jul 16, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Is rebalancing an advantage when holding a 3 fund portfolio instead of 2 or 1 fund portfolio?
Replies: 17
Views: 696

Re: Is rebalancing an advantage when holding a 3 fund portfolio instead of 2 or 1 fund portfolio?

If one does rebalancing at opportune times, then rebalancing is an advantage. Otherwise, it is probably not an advantage. I think most investors cannot rebalance at opportune times. I think most times are inopportune for rebalancing, so there is a higher probability of rebalancing at an inopportune ...
by livesoft
Mon Jul 16, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 48
Views: 2240

Re: $540 a month on food for graduate student budget too much?

It doesn't take a few hours a week to shop for food and cook food. And eating out / eating leftovers can be cheap and healthy.
by livesoft
Mon Jul 16, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 48
Views: 2240

Re: $540 a month on food for graduate student budget too much?

^And if you split a Chipotle burrito bowl of sofritas w/guacomole, that would be $8/3 = $2.67 per meal. You could not cook dinners and do take-out in Houston and spend less than many people do cooking at home. This post has a photo of a meal and a cash register receipt: https://www.bogleheads.org/fo...
by livesoft
Mon Jul 16, 2018 7:32 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 48
Views: 2240

Re: $540 a month on food for graduate student budget too much?

I live in the Houston area. My kids were grad students. They never paid that much for food. First, I will say you are eating too much food. Most of it is going down toilets. For instance, a Chipotle burrito bowl is 3 meals for me. Such a bowl should be split into two at least and one-half put in the...
by livesoft
Sun Jul 15, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Morgan Stanley Wealth Management
Replies: 8
Views: 946

Re: Morgan Stanley Wealth Management

So they generated $40 million in commissions, but only paid a $34 million fine. Sigh!

Crime does pay.
by livesoft
Sun Jul 15, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: want to improve returns by 1%/year on a portfolio
Replies: 6
Views: 755

Re: want to improve returns by 1%/year on a portfolio

The $450K in taxable should have no bond funds in it. That's costing her in taxes. She should become adept at tax-loss harvesting, too.

She can probably reduce her income taxes that would help her and she could use a 2% or more cash back credit card that can help, too.
by livesoft
Sun Jul 15, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: turnover rate impact on return
Replies: 13
Views: 707

Re: turnover rate impact on return

I don't care about turnover of passively-managed low-expense ratio index funds, so I just don't have a cutoff. One can compare an index fund's performance to its benchmark. If the fund's performance is inline with its benchmark, then I don't see a problem with the caveat that the fund should still b...
by livesoft
Sun Jul 15, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 60
Views: 4195

Re: Bears!!!

^I was a guest at my friends house out west last week. They generate even less garbage than we do and put the small amount of daily stuff in smalled sealed plastic bags before putting into kitchen garbage can. No ants, no flies, no smells. Sure, it requires a change in mind set, but just like backpa...
by livesoft
Sun Jul 15, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: Travel to Mainland China - Cyber Security
Replies: 17
Views: 1236

Re: Travel to Mainland China - Cyber Security

I was in China last year. I didn't worry about it, but since gmail doesn't work in China, I got another non-gmail e-mail address for people to contact me. Not only do I assume the Chinese government sees everything I do, I also know the US government does as well as recently confirmed be recent news...
by livesoft
Sun Jul 15, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Brokers sell ETF order flow used to trade against clients
Replies: 24
Views: 1441

Re: Brokers sell ETF order flow used to trade against clients

And don't forget to read Scott Patterson's Dark Pools which covers the same ground, but better and a couple years before Michael Lewis.
by livesoft
Sun Jul 15, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 60
Views: 4195

Re: Bears!!!

While I don't have bears at home, I have recently encountered bears on separated occasions while camping. My research paid off and I was not hassled by the bears. Since your bear(s) know about garbage cans, I think you are pretty much screwed. Back at my house, we have minimal garbage, say one 13 ga...
by livesoft
Sun Jul 15, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 43
Views: 3201

Re: How often do you buy a primary residence?

We have only bought one house and we still live in it. I do know people who switch homes every few years in the same ZIP code. These are folks who are either realtors or home builders or interior decorators. Our home value has not kept up with inflation in the 24 years we have owned it. We have cert...
by livesoft
Sat Jul 14, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Choosing a Used Car Model
Replies: 13
Views: 1198

Re: Choosing a Used Car Model

What do your friends and family drive that are in similar circumstances? They should let you test drive their cars.
by livesoft
Sat Jul 14, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1312

Re: How to determine weights within portfolio

There are no lasting optimal weights for a portfolio. The optimal weights probably change monthly, if not daily, and are certainly different today than they will be in the future. So my advice, is to give up on your quest and go with good enough. And that's why you have not come up with any practica...
by livesoft
Sat Jul 14, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Braces: Keeping cost down and insurance questions.
Replies: 18
Views: 1235

Re: Braces: Keeping cost down and insurance questions.

While I believe that orthodontists are more expensive in wealthy areas, your explanation that somehow the market is rationing mouths to orthos to ensure equal standards of living would be novel. Worthy of publication for sure. I suggest that rent and labor costs are higher in HCOL areas, price sens...
by livesoft
Sat Jul 14, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: [How do I transfer money from Vanguard New York Municipal Money Market Fund?]
Replies: 14
Views: 612

Re: [How do I transfer money from Vanguard New York Municipal Money Market Fund?]

1. You would use "sell" if you want to transfer the money out of Vanguard into your bank account. 2. There should be no taxes due as a result of selling the money market. Barring catastrophic circumstances, money market funds will always keep a $1.00 per share value so there should not be any capit...
by livesoft
Sat Jul 14, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Splitting Monies between multiple investment houses
Replies: 17
Views: 1350

Re: Splitting Monies between multiple investment houses

We have investments spread out to a few financial institutions. It is pretty trivial to do. We have it set up this way: 1. One place for almost ALL transactions. All rebalancing is done in this account, so while it does not need to have the same asset allocation as the overall portfolio, it should p...
by livesoft
Sat Jul 14, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: [How do I transfer money from Vanguard New York Municipal Money Market Fund?]
Replies: 14
Views: 612

Re: [How do I transfer money from Vanguard New York Municipal Money Market Fund?]

1. Do I hit "sell" button and enter the amount? (instead of "exchange" button) 2. Is there any tax consequence on this transfer? Thank you so much in advance! Hope everyone is enjoying the summer. I would say: Try both and see what happens up to the "Confirm" button. At that point, click on "Cancel...
by livesoft
Sat Jul 14, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Alignment Guidance
Replies: 8
Views: 569

Re: Parking CASH & Raising interest rate?

One alternate: Do nothing. It's a good one.
by livesoft
Sat Jul 14, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Braces: Keeping cost down and insurance questions.
Replies: 18
Views: 1235

Re: Braces: Keeping cost down and insurance questions.

One of our children got braces. We shopped orthodontists and found the following: 1. In wealthy areas, there are too many orthodontists, so the potential mouths per orthodontist are less than in an area with same population density with fewer orthodontists. 2. With less competition, the orthodontist...
by livesoft
Sat Jul 14, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 101
Views: 7839

Re: Early retirement

..., I would get responses such as: - I don't have any $ saved for retirement - I have so much debt that I will work until I die - My first wife took all of my money, so I have no hope of retiring until I am 80 ... The above are typical "small-talk" responses. Even multi-millionaires have said thos...
by livesoft
Sat Jul 14, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 101
Views: 7839

Re: Early retirement

See the early retirement forum:
http://www.early-retirement.org/forums/f21/

and watch Early Retirees do social media with people like them. That's what they do all day.
by livesoft
Fri Jul 13, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349413

Re: What are you up YTD? [Year To Date]

I use MS Money to calculate portfolio performance. I keep track of every single transaction with this bit of free software. It uses the XIRR() algorithm without you having to know how to use spreadsheet. It also allows many different performance reports from the same data. MS Money gives the same p...
by livesoft
Fri Jul 13, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Acceptable Returns YTD - Question
Replies: 2
Views: 232

Re: Acceptable Returns YTD - Question

I use a few passively managed mutual funds as my benchmarks: VSMGX and DGSIX because my actual portfolio has a 60/40 asset allocation with US and international equities.

For you, I would recommend vanguard lifestrategy growth which I think has an AS of 80/20.
by livesoft
Fri Jul 06, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: Active Management Justification
Replies: 33
Views: 1807

Re: Active Management Justification

I'd say wrong comparison to wrong benchmark. MGIAX is called "International Value A", but actually has a severe growth tilt according to morningstar.com Also it is large-cap and has NO emerging markets at the present time. EM has not done well lately. Show chart of MGIAX vs VWILX (Vanguard Internati...
by livesoft
Wed Jul 04, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: Keto Diet
Replies: 16
Views: 1428

Re: Keto Diet

The wife and I are looking into trying out the low carb/low sugar/high fat keto diet. Any experiences with it? Also, any good books or keto programs anyone would recommend? Thanks! I don't think you need to try out anything. Just try to cut out carbs and sugars and see what happens first. That migh...
by livesoft
Wed Jul 04, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 87
Views: 6160

Re: Older Women Lifting Weights

My spouse does Body Pump
and a friend of mine on the other side of the world is a certified Body Pump instructor. She is quite intimidating.

Does that count?
by livesoft
Wed Jul 04, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-friendlier alternatives to Vanguard Extended Market?
Replies: 22
Views: 1989

Re: Tax-friendlier alternatives to Vanguard Extended Market?

VIOV
IJS

??

Don't forget to look at yield in conjunction with QDI rate.

Does triceratop's tax-efficiency spreadsheet give us a clue?
by livesoft
Wed Jul 04, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: Switch to LT bonds in this falling rate environment?
Replies: 43
Views: 2693

Re: Switch to LT bonds in this falling rate environment?

Using this guideline, one would barely be justified to extend Treasury maturity from 1-year to 2-year, with just about 20 bps extra yield for doing so. Only about 10 bps to extend to 3-year, and it gets worse (flatter) after that. I would not be surprised to see fleeting changes to bond ETF prices ...
by livesoft
Wed Jul 04, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Vacuum Quandary
Replies: 10
Views: 905

Re: Vacuum Quandary

You are going to have to have a working vacuum cleaner eventually, so I don't see a problem putting a new working vacuum cleaner in storage with the rest of your stuff if it comes to that.
by livesoft
Wed Jul 04, 2018 2:33 pm
Forum: Investing - Theory, News & General
Topic: Fidelity cash position
Replies: 42
Views: 4524

Re: Fidelity cash position

How about using some of the no-commission ETFs? I do that at TDAmeritrade and just call them "bond funds." Examples for me are BIL and FLRN. They are probably different free ones at Fidelity. The way to get around the 30-day early redemption is to have some of both. Start one, then the other about 1...
by livesoft
Wed Jul 04, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Short term vs Long term gains tax when selling stocks
Replies: 2
Views: 245

Re: Short term vs Long term gains tax when selling stocks

If you do not specify which shares to sell, then the oldest shares will be sold by your broker. See IRS Publication 550 for more details.
by livesoft
Wed Jul 04, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Announced Dividend Not Given Out?
Replies: 8
Views: 757

Re: Announced Dividend Not Given Out?

FWIW, scheduling a date is not the same as declaring a dividend. DGS sometimes does not pay a quarterly dividend. This ETF is a small-cap value emerging markets fund. In 2017 and 2018 DGS did not pay a dividend at the scheduled time in March. The WisdomTree web site shows the date though and the amo...
by livesoft
Wed Jul 04, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Using 529 to pay rent and meal off-campus?
Replies: 25
Views: 2259

Re: Using 529 to pay rent and meal off-campus?

You were lucky. It doesn't mean it can't happen. See Spirit Rider's post. They can ask for documentation and if you don't have it, they can charge taxes and penalties on the 529 withdrawals that isn't supported by your documentation. I'm sure we can find an apartment lease agreement around here som...
by livesoft
Wed Jul 04, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8990

Re: Vanguard to offer non-Vanguard ETFs commission-free

MBB_Boy wrote:
Wed Jul 04, 2018 11:22 am
Sorry, didn't see it earlier. I wrote the reply when I came across your comment, so would have missed you saying so later
No need to apologize at all. I have written this in years past and not in the thread. And I'll be saying it again in the future, too. :)
by livesoft
Wed Jul 04, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley Wealth Management Thoughts
Replies: 27
Views: 2105

Re: Morgan Stanley Wealth Management Thoughts

So where is that? What type of investments should I look into? a. Select a financial institution from the following list: Vanguard Fidelity Schwab TDAmeritrade Merrill Edge WellsTrade b. Any and all of the above offer passively-managed, low-expense-ratio index funds and ETFs that you can invest in ...