Search found 56052 matches

by livesoft
Mon Oct 16, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Sell fund cost basis
Replies: 7
Views: 340

Re: Sell fund cost basis

When one uses Average Basis, the shares sold are the first shares in. That is, Average Basis forces FIFO. So there is Average Basis FIFO and Specific ID FIFO. There is also "I forgot to set the basis method" FIFO where one can choose at the time they fill out their tax return the basis method. To an...
by livesoft
Mon Oct 16, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: college application section - ec,volunteer,work activities
Replies: 10
Views: 657

Re: college application section - ec,volunteer,work activities

Yes, there are selective schools, but most schools are not particularly selective and accept more than half the applicants. Potential students certainly self-select where they apply.
by livesoft
Mon Oct 16, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads
Replies: 81
Views: 4048

Re: Fellow TDA bogleheads

It looks like I'll be transferring assets in-kind out of TDAmeritrade. They have one ETF on the list that has an Average Daily Volume of 57. That's not 5700, it is fifty-seven shares.
by livesoft
Mon Oct 16, 2017 3:51 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard's federal ID number for 1099R that hasn't arrived yet
Replies: 6
Views: 393

Re: Vanguard's federal ID number for 1099R that hasn't arrived yet

I don't think Form 1040 needs their tax ID number. Maybe the software wants it, but I don't think the software will submit the number with your tax return, will it? Contact your tax software customer support.
by livesoft
Sun Oct 15, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: college application section - ec,volunteer,work activities
Replies: 10
Views: 657

Re: college application section - ec,volunteer,work activities

The reality is that most colleges don't really care about EC or other activities. They want your money and will take anybody with a suitable SAT score confirmed by GPA. I wouldn't stress too much about this at all. Colleges also know that if the student is working full-time flipping burgers that the...
by livesoft
Sun Oct 15, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 94
Views: 3402

Re: How does everyone keep track of your portfolio?

. I always heard MS money was great, but a dead program. I've also heard quick books is good but the Mac version is not good. One particular calculation that's important to me is XIRR or modified internal rate of return. I haven't found anything yet that does this properly. MS Money is not dead, bu...
by livesoft
Sun Oct 15, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads
Replies: 81
Views: 4048

Re: Fellow TDA bogleheads

I haven't seen anything on this, but if it comes to pass, I will probably a. Use the no-commission ETFs that are available. I already use some non-Vanguard ETFs. b. Transfer in-kind assets to my other no-commission brokers as needed to sell shares without commissions. c. Or even perhaps pay the once...
by livesoft
Sun Oct 15, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 94
Views: 3402

Re: How does everyone keep track of your portfolio?

I don't make very many transactions and don't own many different investments, thus I do not find manual entry a bother at all. So I use the free Microsoft Money Sunset Deluxe edition and manually enter information. I like all the different kinds of reports that I can generate with MS Money once ever...
by livesoft
Sun Oct 15, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Do any apps or tools do this in place of spreadsheets?
Replies: 13
Views: 1171

Re: Do any apps or tools do this in place of spreadsheets?

Free MS Money that runs on Windows. Download and use the Sunset edition.
by livesoft
Sun Oct 15, 2017 5:27 am
Forum: Personal Finance (Not Investing)
Topic: Car inspection on Carmax car
Replies: 30
Views: 9116

Re: Car inspection on Carmax car

That car was a Lexus bought from a Lexus dealer. It has had only 3 oil changes and a set of new tires. I have not been back to the dealer since I bought the car.
by livesoft
Sun Oct 15, 2017 5:25 am
Forum: Investing - Theory, News & General
Topic: Does market timing matter for long term investing?
Replies: 11
Views: 1036

Re: Does market timing matter for long term investing?

tharsha wrote:
Sat Oct 14, 2017 11:39 am
I tried googling this but don't seem to get good advice. Thought I would post here.
If one uses the quesion:
"Invest now or wait?" (without quotes)
as the Search term in the search box at bogleheads.org, then one will get lots of good advice.
by livesoft
Sat Oct 14, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in Taxable or tax advantaged?
Replies: 11
Views: 951

Re: Bonds in Taxable or tax advantaged?

So if not traditional IRA, I would then use tax-exempt bonds in taxable when 401(k) is full bonds already.
by livesoft
Sat Oct 14, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in Taxable or tax advantaged?
Replies: 11
Views: 951

Re: Bonds in Taxable or tax advantaged?

It is not clear if "IRAs" is traditional or Roth.

For all practical purposes, a traditional IRA is tax-deferred and acts like a traditional 401(k), so bonds can go in the traditional IRA until is it full.
by livesoft
Sat Oct 14, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1221

Re: Happy Consumer Story (Backpacking Tent)

I don't think this guy has the same opinion of REI.
by livesoft
Fri Oct 13, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2432

Re: wellington fund ( VWELX )

Yep, it could be all downhill from here. Seriously.

It is amusing how much love for W & W there is given all the index fund aficionados that hang out here.
by livesoft
Fri Oct 13, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: fidelity netbenefits
Replies: 15
Views: 1884

Re: fidelity netbenefits

The best approach is probably to click on that link I just gave and read what it says.
by livesoft
Fri Oct 13, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2432

Re: wellington fund ( VWELX )

past performance is not indicative of future results.

Wellington has an asset allocation of about 64% equities and 36% bonds. Its performance is trailing the Target Retirement 2025 fund (also 64/36) this year by 2.25% which is relatively huge.
by livesoft
Fri Oct 13, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: fidelity netbenefits
Replies: 15
Views: 1884

Re: fidelity netbenefits

I had a Fidelity 401(k). Your plan looks great because you have access to low-expense-ratio, passively-managed index funds. If you wish to mimic a Total US Stock Market index fund instead of just a Large Cap S&P500 index fund, then you will have to add the Mid and the Small-cap index funds to your p...
by livesoft
Fri Oct 13, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with current market (voo,vti)
Replies: 48
Views: 1934

Re: Need help with current market (voo,vti)

nkotbbh wrote:
Fri Oct 13, 2017 3:01 pm
100 million that sounds nice how can I do that. I wish I had that amount right now.
Easy: Start small and start now.
by livesoft
Fri Oct 13, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 2955

Re: My EJ portfolio vs my Vanguard, side by side

I'm curious about the taxes. I suspect you didn't withdraw from either portfolio the money needed to pay the taxes on the annual distributions. Your tax returns, especially Schedule B should be enlightening. In some respects, if EJ caused you $10,000 extra annually in taxes over Vanguard, then it wa...
by livesoft
Fri Oct 13, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with current market (voo,vti)
Replies: 48
Views: 1934

Re: Need help with current market (voo,vti)

nkotbbh wrote:
Fri Oct 13, 2017 1:59 pm
Ok but yes I agree market will fluctuate but what do you think about going this route?
I'd say narrow it down to just 3 ETFs:
VTI
VXUS
BND

to start with. You can use just those up to about $100 million if you want. Or after 2 or 3 years of just those, you may wish to consider some others.
by livesoft
Fri Oct 13, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2238

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

Based on the information in this thread, the joer1212 should consider Tax-gain Harvesting especially in late December.
https://www.bogleheads.org/wiki/Tax_gain_harvesting

Of course, one should understand the state and local tax implications before doing this, too.
by livesoft
Fri Oct 13, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Itemized Tax Deductions
Replies: 10
Views: 549

Re: Itemized Tax Deductions

I just googled this and I saw a study where people in our tax bracket typically deduct around $6,000 in employee expenses!?!!? Is this the norm for folks? To use the standard deduction? We used the standard deduction in 2015 because we bunched in 2016. As noted, if you could have put your $12K in d...
by livesoft
Fri Oct 13, 2017 4:55 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2238

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

So, let's take a smaller step: If you sell $15,000 of your VTIAX this year, how much of that $15,000 will appear on your tax return?
by livesoft
Thu Oct 12, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2238

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

joer1212 wrote:
Thu Oct 12, 2017 9:20 pm
This is the best explanation I've gotten so far.
I will withdraw about $6,972 tax-free this tax year and about the same amount tax-free next year (assuming my income is about the same).
I don't think you get it yet. What exactly do you mean by "withdraw about $6,972 tax-free this year" ??
by livesoft
Thu Oct 12, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion questions
Replies: 7
Views: 489

Re: Roth conversion questions

It is kind of amazing to me that TIAA will let you roll an IRA into one of their 403(b) plans, but I suppose you checked that out already.
by livesoft
Thu Oct 12, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2219

Re: Does Vanguard make sense without a computer ?

We used Vanguard before computers were invented (say before 1984). We did everything by mail and a few phone calls. We would call and have prospectuses sent before we invested. Vanguard mailed us statements. So one would have to pay extra to have statements mailed to them if they didn't want to use ...
by livesoft
Thu Oct 12, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: VTSMX vs. VTI
Replies: 16
Views: 1314

Re: VTSMX vs. VTI

If your 3-fund portfolio will be held at Fidelity, then there is really no reason to use either VTSMX or VTI because Fidelity has equivalent index funds that will have no commissions to use at Fidelity: https://www.bogleheads.org/wiki/Fidelity As for the difference between VTSMX and VTI, the commiss...
by livesoft
Thu Oct 12, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Review/Advice
Replies: 10
Views: 826

Re: Investment Review/Advice

For my Roth IRA, I've been consolidating shares to VTSAX. The only exception is about $900 in BIV which has lost value since I bought it last year. Once that breaks even I intend to switch it to VTSAX. It is a shame that you are waiting for BIV to break even before switching to VTSAX in the Roth. T...
by livesoft
Thu Oct 12, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with current market (voo,vti)
Replies: 48
Views: 1934

Re: Need help with current market (voo,vti)

Wellcome to the bogleheads forum. Normally, people present a long-term plan before they get advice on buying any investments. So what's your long-term plan? You may wish to see if this format helps with your presentation of your long-term plan: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=62...
by livesoft
Thu Oct 12, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5706

Re: How young is too young to retire.

No age is too early to retire. Many people retire when they get married. Here is the go-to series of articles on what it takes to fund early retirement: https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ If you don't understand these articles, then pe...
by livesoft
Thu Oct 12, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!
Replies: 24
Views: 1558

Re: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!

Thanks We are Texans and have barely skied (tried 2-3 times) :mrgreen: Perfect. A 10-day ski vacation with lessons every morning will get your kids going for the rest of their lives. After all, Texans go to Colorado all the time to ski. It been the college de rigueur trip for decades and still is. ...
by livesoft
Thu Oct 12, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!
Replies: 24
Views: 1558

Re: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!

Just go skiing: Downhill or Cross-country or both. I recommend Austria, but there are hundreds if not thousands of places. Just book a package for at least a week so that you can become a black diamond skier if you are not already. Something like this: http://www.skiresort.info/ski-resort/bad-kleink...
by livesoft
Thu Oct 12, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2238

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

Grt2bOutdoors gave information about tax brackets. The unanswered part might have been "How did you know that selling $15K to $20K of something would realize only $7K of long-term capital gains?" The answer is: I don't know. YOU have to figure out what to sell that would give you $15K to $20K of cas...
by livesoft
Thu Oct 12, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

We have an asset allocation of about 60% equities and 40% bond funds. And no cash. If we need to buy more equities, we simply exchange from our bond funds to our stock funds. Simple. Bond funds are up about 3.5% so far this year which is a much higher return than cash. I was having a feeling that y...
by livesoft
Thu Oct 12, 2017 7:50 am
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6183

Re: Buy when there's blood in the streets!

Isn't this just market timing? What quantitative measures can we use to measure "the financial blood" in the streets? What quantitative measures can we use to measure when "the financial blood" will stop hemorrhaging. I buy whenever I get paid regardless of whatever color the streets are. We need a...
by livesoft
Wed Oct 11, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

freckles01 wrote:
Wed Oct 11, 2017 9:39 pm
does it matter ( re selling) if its a mutual fund vs etf?
Not to me.

I showed screen captures of "lots" in this thread of mutual fund share sales:
viewtopic.php?t=179414
by livesoft
Wed Oct 11, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

I sell parts of lot(s) that cost me the least taxes and preserve the most previously harvested losses. My brokerage accounts show the information needed to make a decision pretty clearly. That is, highest cost basis. And actually, I have enough carryover losses that I don't pay taxes on these trades...
by livesoft
Wed Oct 11, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

We have an asset allocation of about 60% equities and 40% bond funds. And no cash. If we need to buy more equities, we simply exchange from our bond funds to our stock funds. Simple. Bond funds are up about 3.5% so far this year which is a much higher return than cash. if you don't mind further det...
by livesoft
Wed Oct 11, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: China visa service recommendations
Replies: 5
Views: 351

Re: China visa service recommendations

I just got another Chinese visa, L is multi-entry 10-year. I can't help with a service as I did it in person. I can help with documentation, but the Houston Chinese Consulate has pretty outstanding documentation of what you need on its web site. I had everything ready to go and took only about a min...
by livesoft
Wed Oct 11, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2238

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

It is unlikely that you have lots that have losses since the stock market is pretty much at all-time highs, but if you have lots with losses, then you are not too late to tax-loss harvest for 2017.

Yes, selling to realize gains will affect your NYS/NYC taxes.
by livesoft
Wed Oct 11, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2238

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

Line 43 on form 1040 states that my taxable income is $30,978. My marginal tax bracket is 25% My LifeStrategy fund has only about 6k, but my other 2 accounts have almost 200k. Not sure what my unrealized capital gains are, but they are long-term (more than 1 year). Forgive my ignorance, but what is...
by livesoft
Wed Oct 11, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Canceling Fidelity Portfolio Advisory Service
Replies: 27
Views: 1922

Re: Advice on Canceling Fidelity Portfolio Advisory Service

An example of a benchmark fund of index funds would be the Vanguard Target Retirement 2025 fund VTTVX which is about 64% equities and 36% bonds. It has a performance of 12.5% through yesterday. One could use the separate funds and be quite tax-efficient with this. That is, one could avoid some of th...
by livesoft
Wed Oct 11, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

^Well, can you let me have only cash turds in my investing accounts where a turd is defined as less than the value of 1 share of the cheapest ETF from Vanguard? I think that's less than $40 per account.
by livesoft
Wed Oct 11, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2238

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

What is your marginal income tax bracket? Or what is your taxable income shown on Form 1040 Line 43? I assume you are itemizing deductions and filing single. What is the amount of your LifeStrategy fund in dollars and what are the unrealized capital gains? Are they long-term? Have you set the cost b...
by livesoft
Wed Oct 11, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: 100% invested, all in, no cash- how do you do it?
Replies: 42
Views: 3478

Re: 100% invested, all in, no cash- how do you do it?

We have an asset allocation of about 60% equities and 40% bond funds. And no cash. If we need to buy more equities, we simply exchange from our bond funds to our stock funds. Simple. Bond funds are up about 3.5% so far this year which is a much higher return than cash.
by livesoft
Wed Oct 11, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing vs. Momentum Investing:
Replies: 4
Views: 347

Re: Balancing vs. Momentum Investing:

One can do anything they want with rebalancing. If you have rebalancing bands of plus-or-minus 7%, then 67/33 could be OK. Or maybe you have bands of plus-or-minus 5%, and 67/33 means rebalance, but only to the top of the band, namely 65/35. Or maybe you maybe you have a rule that says go down to 65...
by livesoft
Wed Oct 11, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3833

Re: Protecting against the possibility of a correction?

Maybe a good way to protect against the possibility of a correction is to make gains of 25% with your investments before the correction happens?