Search found 60681 matches

by livesoft
Sun Jun 24, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Car for my grand daughter
Replies: 13
Views: 664

Re: Car for my grand daughter

Just remember that bargain car may cause her to be stranded in some place that is not safe. Save up a little more and get her a more reliable less worn-out car or tell her she'll just have to wait a little bit longer that you don't want to put her safety at risk. Here are my thoughts on that: 1. Ro...
by livesoft
Sun Jun 24, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account setup
Replies: 4
Views: 241

Re: Taxable account setup

And I'd invest in equities the renovation money needed in 2 years.
by livesoft
Sun Jun 24, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Car for my grand daughter
Replies: 13
Views: 664

Re: Car for my grand daughter

If you can find one at the right time - a low mileage, well cared for much older car from someone you know is often the best. That's correct --- like a car from grandma or grandpa. ;) We are going to give my son a 2006 Ford Freestyle. This POS is probably worth about $10 now, but should last him a ...
by livesoft
Sun Jun 24, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 34
Views: 1518

Re: car for long-distance driving

I have driven in the snow lots. I wonder if the OP would even need to drive in the snow. It reads like there is some flexibility in the timing of these road trips, so if that is the case, one could choose not to drive in the snow or when heavy snow is forecasted.
by livesoft
Sun Jun 24, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account setup
Replies: 4
Views: 241

Re: Taxable account setup

Your income is so high that I expect all this is an after thought. How much extra money will you save when your 4-year-old starts school? I personally don't think investing in Money Market, CDs, Treasuries is going to be helpful. If you invest in equities and they drop, they won't drop enough to mak...
by livesoft
Sun Jun 24, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: To sell or not sell individual stocks
Replies: 2
Views: 130

Re: To sell or not sell individual stocks

I'd donate them to charity, maybe through my Donor-Advised Fund. I'd get a tax break for that.
by livesoft
Sun Jun 24, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Canadian Universities [Dual US / Canadian citizen]
Replies: 17
Views: 544

Re: Thoughts on Canadian Universities

I have many Canadian friends who went to grad school in the US and on to great jobs. They got undergrad degrees (in no particular order) at UBC, UToronto, SimonFraser, McGill, McMaster, Dalhousie, .... And even though they are working in the US, they all would not hesitate to send their kids to a Ca...
by livesoft
Sun Jun 24, 2018 6:59 am
Forum: Personal Consumer Issues
Topic: Car for my grand daughter
Replies: 13
Views: 664

Re: Car for my grand daughter

Is your granddaughter age 16 or age 66?

Does she drive to school or to church or to canasta?

Maybe she is hinting that she wants to buy one of your cars for $2,000?
by livesoft
Sun Jun 24, 2018 6:51 am
Forum: Investing - Theory, News & General
Topic: Factor Investing Makes Someone Money, But Maybe Not You
Replies: 98
Views: 5595

Re: Factor Investing Makes Someone Money, But Maybe Not You

As a way of trying to replicate Robert's returns, I plugged the example DFA and RAFI portfolios from his collected thoughts thread into portfolio visualizer, along with a comparable Vanguard portfolio. You can see the results for yourself [...] One needs to be aware that Portfolio Visualizer only u...
by livesoft
Sat Jun 23, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Sell individual stock, or index fund
Replies: 6
Views: 524

Re: Sell individual stock, or index fund

Sell the individual stock.
by livesoft
Sat Jun 23, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 21
Views: 2039

Re: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]

yousha wrote:
Sat Jun 23, 2018 6:05 pm
Where am I going wrong.
Two ways you are going wrong:

1. Past performance is not indicative of future results.

2. Taxes.
by livesoft
Sat Jun 23, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: 529 tax question
Replies: 9
Views: 655

Re: 529 tax question

Don't forget that maybe the limit increases above $15K next year and in subsequent years.
by livesoft
Sat Jun 23, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 68
Views: 3721

Re: When did you start flying business class?

High 6-figures is more than $666,000 a year to me, so with only $12K monthly expenses, I'd say go for first class. I've only flown business class when a friend upgraded me with miles of his that were going to expire or if I got a rare free upgrade. To be clear: I've never paid for business class nor...
by livesoft
Sat Jun 23, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Timing! [When to withdraw from a traditional IRA]
Replies: 8
Views: 890

Re: Timing!

Thanks David and others. I did not know about the bond dividend (and we are indeed talking about VBTLX) accruing daily and not dropping in NAV when it pays the dividends. That was the core of my question. Makes it much easier for those of us who are actually spending those hard-earned IRAs. But as ...
by livesoft
Sat Jun 23, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 33
Views: 4141

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

gerntz wrote:
Sat Jun 23, 2018 3:35 pm
The op has 1 total post on the forum.
I think the OP is following the advice that I gave in this thread. :)
by livesoft
Sat Jun 23, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: “Buying the Dividend”
Replies: 14
Views: 1362

Re: “Buying the Dividend”

What are you talking about? The basis of my X shares bought before the dividend remains unchanged. The Y shares I bought after the dividend have a different basis. Perhaps you are confusing what "basis" actually means? Here's an example: I buy 100 shares at $10 a share one week before a big dividend...
by livesoft
Sat Jun 23, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2470

Re: Taxes from dividends getting high.. how to handle?

This idea that getting a refund from the IRS is bad is just bunk. Consider two cases: 1. You don't get a refund, but invest the money instead. And your investments lose money. In that case, getting a refund would have helped prevent you from losing money. 2. Tax prep software companies give you a 10...
by livesoft
Sat Jun 23, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 947

Re: My first attempt at TLH

Another question... Will the loss show on my year end tax statement? Or do I need to keep track of my numbers? I realize these are probably really rookie questions, but my taxable account is comparatively small and a lot of this is new to me. It ought to show up on the 1099-B that you get, but you ...
by livesoft
Sat Jun 23, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 51
Views: 6059

Re: FAFSA EFC number shock! [Expected Family Contribution]

Bryan Caplan (George Mason economist) makes some great points about some of this in his Case Against Education - he looks at marginal utility and suggests that engineering is a really bad idea if you think there's any possibility of wanting to have a social life during those 3-4 years. He suggests ...
by livesoft
Sat Jun 23, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 34
Views: 1518

Re: car for long-distance driving

Might be cheaper to rent a car with unlimited mileage for such trips.
by livesoft
Sat Jun 23, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 21
Views: 2039

Re: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]

The Wellington (VWELX Investor Shares) fund has out performed the Balanced Index (VBINX Investor Shares) fund since 2000. Annual performance data follows. [date from 2017 and before] You conveniently left off the YTD performances of these funds which show that past performance does not indicate fut...
by livesoft
Sat Jun 23, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about adding international
Replies: 6
Views: 398

Re: Thinking about adding international

If you are going to equate wisdom with better performance, then there is no way to know if adding international to your portfolio is wise.

If you are going to ignore performance and equate wisdom with more diversification, then adding international to your portfolio would be wise.
by livesoft
Sat Jun 23, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: What am I overlooking?
Replies: 16
Views: 1243

Re: What am I overlooking?

Are you taking advantage of all your possible tax benefits for retirement and education?
See IRS Publications 970 and 590A. Reading and understanding these publications helped save us more than $10,000 a year when our kids were in college.
by livesoft
Sat Jun 23, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Fixing My Cost Basis [on inherited stocks]
Replies: 8
Views: 420

Re: Fixing My Cost Basis [on inherited stocks]

https://ttlc.intuit.com/questions/4267997-where-should-i-enter-the-acquisition-date-and-basis-of-inherited-stock-on-turbotax-deluxe-for-mac-download-vanguard-s-1099-b-leaves-these-items-blank has good answers Note that "Date Acquired" is "INHERITED" if you read and follow the IRS instructions which ...
by livesoft
Sat Jun 23, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: (VTI) Dividend Reinvestment in the ETF
Replies: 2
Views: 299

Re: (VTI) Dividend Reinvestment in the ETF

As noted by @vineviz, It depends on the brokerage, but most of them will buy fractional shares with the dividend. The differences that happen are mostly WHEN they use the dividend money to buy the new shares for you. And the WHEN will change the price paid for the new shares. For Vanguard, the WHEN ...
by livesoft
Sat Jun 23, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 947

Re: My first attempt at TLH

I agree, doing a MF to MF exchange keeps you "in the market" with no parking time / lag in the settlement fund as compared to switching between MF and ETF share classes when using the Vanguard brokerage. One of the reasons I prefer trying to stay all one share class. I want to squash this myth abou...
by livesoft
Fri Jun 22, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2470

Re: Taxes from dividends getting high.. how to handle?

Not much that one can do if they want to keep those investments. Don't reinvest the dividends back into investments that pay high dividends. Choose investments that pay a higher percentage of qualified dividends and virtually no non-qualified dividends. Examples: Choose VEA instead VXUS. Choose VV i...
by livesoft
Fri Jun 22, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 37
Views: 2853

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

They don't have to drop it because they are giving you better return from securities lending which costs a little bit of money. :twisted:

So would you rather have an expense ratio of 0.03% and no extra return, or an expense ratio of 0.04% and 0.1% extra return?
by livesoft
Fri Jun 22, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Fixing drip irrigation line
Replies: 13
Views: 786

Re: Fixing drip irrigation line

^I doubt "boiling" is the required temperature. Maybe 150 deg F? I don't know. One can experiment safely ... or consult YouTube. :)
by livesoft
Fri Jun 22, 2018 5:05 pm
Forum: Personal Consumer Issues
Topic: Fixing drip irrigation line
Replies: 13
Views: 786

Re: Fixing drip irrigation line

Instead of a torch to heat the plastic, I just boiled a pot of water then took the pot of water outside and soaked the hose ends for a minute to soften up the plastic before pushing on to a barbed coupler.
by livesoft
Fri Jun 22, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 947

Re: My first attempt at TLH

Housedoc wrote:
Fri Jun 22, 2018 4:53 pm
See if there is an ETF equivalent for the fund you sold. I think you can buy it now. No wait period as it is "different ".
VXUS is the ETF share class of VTIAX. I would not buy it now myself as replacement shares for VTIAX.
by livesoft
Fri Jun 22, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Dallas Trip
Replies: 14
Views: 775

Re: Dallas Trip

Uh-oh, then the Dallas area will overwhelm you. Sorry about that.
by livesoft
Fri Jun 22, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 947

Re: My first attempt at TLH

Yes, you can buy VFWAX all you want, when you want.
by livesoft
Fri Jun 22, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: Fixing drip irrigation line
Replies: 13
Views: 786

Re: Fixing drip irrigation line

What does YouTube.com say about your setup?

Here is a good Rule: Before going to Home Deport or Lowe's or other DIY place, consult YouTube.com.
by livesoft
Fri Jun 22, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Hire financial advisor?
Replies: 21
Views: 1216

Re: Hire financial advisor?

I wonder what your children think about all this. I often talked to my mom about her investments. She made sure things were set up so that when she died her children had no hassles.

I've talked to my children about my investments, too.
by livesoft
Fri Jun 22, 2018 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 21
Views: 2039

Re: VBIAX vs. VWELX

What exactly are these two funds?
by livesoft
Fri Jun 22, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Dallas Trip
Replies: 14
Views: 775

Re: Dallas Trip

AD3 wrote:
Fri Jun 22, 2018 4:32 pm
Thanks! I'm coming from the bay area, so hopefully the temperature won't be too bad.
Yes, Galveston Bay can be quite hot and humid, so you are probably used to all that.
by livesoft
Fri Jun 22, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 41
Views: 3953

Re: "Find out if your fund is declaring a dividend this month"

The market opens. Someone lowers their ASKing price. Someone raises their Bid Price. They meet in the middle and the first trade is recorded. That is the opening price. It is at whatever price they agree to. The previous close, adjusted for dividends or not, is irrelevant. I think you would enjoy l...
by livesoft
Fri Jun 22, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Dallas Trip
Replies: 14
Views: 775

Re: Dallas Trip

That humanity is going to get you every time. Since it appears that you live in Houston, I think you will think the Rangers game will be a nice lower temperature than what you are used to. Anyways, I find Dallas a breeze. If you like art, the Kimbell. If the like aquariums, the aquarium. The reality...
by livesoft
Fri Jun 22, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: “Buying the Dividend”
Replies: 14
Views: 1362

Re: “Buying the Dividend”

It is not the worst thing to buy a dividend. You just pay the tax now rather than later. If you bought the dividend, you will have a higher basis and pay less when you sell. That's another myth. My cost basis for shares purchased does not change because I bought the dividend. Nor does it change bec...
by livesoft
Fri Jun 22, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab ETF or Vanguard Mutual Funds (Taxable Account) ?
Replies: 5
Views: 350

Re: Schwab ETF or Vanguard Mutual Funds (Taxable Account) ?

Buying the Schwab version and then the Vanguard version just gets you 2 1099-B at year end and adds to your tax complexity. Not really. If the OP makes no sales, then no 1099-B. I am going to guess you meant 1099-DIV. :) But even that is not a tax complexity to most people. I have 3 different taxab...
by livesoft
Fri Jun 22, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab ETF or Vanguard Mutual Funds (Taxable Account) ?
Replies: 5
Views: 350

Re: Schwab ETF or Vanguard Mutual Funds (Taxable Account) ?

have you thought about automating this every-2-weeks investing? Vanguard.com can set that up for you, so then you wouldn't need an app nor a phone to make your purchases.
by livesoft
Fri Jun 22, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 41
Views: 3953

Re: "Find out if your fund is declaring a dividend this month"

This is repeated as gospel truth on millions upon millions of web pages and in investing forums. But it does not actually happen. I guess it would be more proper to say the stock price drops before the market open and before the first trade of the day by the amount of the dividend. Any price change...
by livesoft
Fri Jun 22, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: “Buying the Dividend”
Replies: 14
Views: 1362

Re: “Buying the Dividend”

Some math: Suppose I had $69.84 to invest in VTSAX. If I "bought the dividend" on 6/19, then I would have bought one (1) share. Then I would have received a $0.29 dividend. The tax on 29 cents for me is zero. The tax for someone who held the share for at least another 61 days would be about 4 cents ...
by livesoft
Fri Jun 22, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: “Buying the Dividend”
Replies: 14
Views: 1362

Re: “Buying the Dividend”

As dividend season is upon us, just wanted some clarification regarding the dreaded “buying the dividend”. Re: taxable accounts - How long before or after a dividend is issued is it “safe” to buy more shares of a fund? If one does the math, it may be better to buy the dividend. That is, it should n...
by livesoft
Fri Jun 22, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 41
Views: 3953

Re: "Find out if your fund is declaring a dividend this month"

I think you may be confusing what "ex-dividend" means, so maybe you could point us to the funds that have this mysterious Saturday feature please. Then we could help explain perhaps.
by livesoft
Fri Jun 22, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Timing! [When to withdraw from a traditional IRA]
Replies: 8
Views: 890

Re: Timing!

The value of the accrued part of the monthly dividend will always get paid to anyone who sells part-way through the month, so the sell day doesn't matter if you are worried about losing the dividend because you won't lose the dividend. In a similar way, the buyer get the rest of the monthly dividend...
by livesoft
Fri Jun 22, 2018 11:17 am
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 41
Views: 3953

Re: "Find out if your fund is declaring a dividend this month"

^And there is lots of historical data to reject the hypothesis as well.
by livesoft
Fri Jun 22, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 102
Views: 7222

Re: Did you celebrate when you finally hit $1m?

Nope. It's not as much fun I suppose to hit $1m going the other way.

It's probably better to wait until you know you won't have to celebrate hitting $1m anymore because your portfolio is probably going to bounce below and above for a while unless you got a big windfall.
by livesoft
Fri Jun 22, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: ETFs
Replies: 11
Views: 797

Re: ETFs

Isn't there a tool at Schwab.com that is like Morningstar.com X-ray that tells one what the asset allocation of a portfolio is? Can somebody provide a link please? I would, but I am not a Schwab client. Thanks!