Bogleheads.org

livesoft

I would let the 90%+ wool thing go.

livesoft

The immediate egregious tax problem I see are the bonds funds in the taxable account.

Your proposed solution looks great to me.

livesoft

I don't think WellsTrade will cost you nothing, so probably no point in moving to WellsTrade. I'm a big fan of WellsTrade since I am grandfathered into their product where everything is free -- no commissions and no fees on anything. If that's the case for you, I don't see a need to switch to Vangua...

livesoft

Soup Nazi wrote: ↑
Wed Dec 12, 2018 3:26 pm
So I don't need to do anything right now? Perfect!

I will say that if you don't figure it out now while it is fresh in your mind, then it will be much much harder to figure it out later.

livesoft

1. Yes, but probably just before the market opens and not in the "middle" of the night. 2. Yes. 3. Yes. The dividend is known in advance and published, so anybody who wants that information can get it in a timely fashion. 4. People can change their thoughts about prices based on information they lea...

livesoft

msi wrote: ↑
Wed Dec 12, 2018 2:22 pm
Do all 2018 Subaru Outbacks have this problem, or is it a quality control issue? I've been considering a Forester for my next car, and this has me a bit concerned.

I have a 2018 Subaru Outback. It does not have this problem as far as I can tell.

livesoft

Change your cost basis method to Specific Identification. Wait until your broker does that and confirms.

Sell the lots are that colored red.

It is really that simple.

livesoft

You have to know how to do math with percentages. If the future expected price of FUNDX is going up by 2%, then the expected value of your shares goes up by 2% from the previous market close. If the value of your shares goes up by 2%, then you just subtract your known cost basis which hasn't changed...

livesoft

I've read 7 of the 13 listed as well as Larry's book that he mentioned, so I have some catching up to do.

livesoft

If the ETF is up 2% near the market close, then the mutual fund will be up about that amount at the market close.

If the ETF is down 1% near the market close, then the mutual fund will be down about that amount at the market close.

Got it?

livesoft

My parents moved often. As a child, I didn't worry about finances at all. As an adult, we moved across the country with a pre-schooler. Financially, the only thing that sticks out is that we rented an apartment for 5 months while getting used to the new location and looking for a home to buy. Our mo...

livesoft

I cannot answer your question because I didn't look at your numbers because I don't think it matters. Sorry. I do know that some of these wash sale calculations have some opinions in them, so if Fairmark says one thing, that's an opinion. I think it was Doc who pointed me to some interesting literat...

livesoft

So I'm not really losing out on the dividend as it is baked into the price? Right. Your loss will not be as much though either as you will not have the drop in price created by the payout of the dividend. The reason for doing the exchange into VMMXX then into VFWAX is to avoid the dividend (really ...

livesoft

OK, then wiki uses the word "may", so it is not definitive. Since VTIAX and VFWAX have the same distribution schedule, you could exchange the losing VTIAX shares to VMMXX on the record date 12/20 before 4 pm to avoid getting the dividend and then the next day exchange the VMMXX shares to VFWAX and a...

livesoft

As for tracking, one can take a photo of your weight shown on your scale with your cell phone and make it your phone background pic.

livesoft

1. I don't agree with the wiki about best to TLH after dividends are paid. Does it really say that? At a minimum, one should make a thoughtful decision about that. Do NOT reinvest the dividends or you will end up with something like in this thread: https://www.bogleheads.org/forum/viewtopic.php?t=17...

livesoft

rkhusky wrote: ↑
Wed Dec 12, 2018 9:46 am
The digital scales don't last that long.

They don't rust though like the one pictured above ... especially at the fulcrum point. But I don't see why the digital ones don't last. Ours is still doing fine many years since purchase.

livesoft

Bogleheads.org (? diehards.org) started in early 2007. I switched to half-time work shortly after I joined the forum and adjusted the portfolio asset allocation to about 70:30. Then through early March 2009, the portfolio had dropped almost a million dollars in value in line with what the markets di...

livesoft

This is a perennial question on this forum, so lots of past threads discuss these issues. We have 2 HVAC setups ... one for each floor of the house. These things last forever. If it ain't broke don't fix it. We don't have annual service checkups, but get things fixed as they break. We have an AC uni...

livesoft

When my previous employer switched to a Fidelity 401(k), Fidelity did all the work. There were no outside or other people involved or to pay. So that's an anecdote. I'm sure when you meet with Fidelity, they will answer your questions. The company also switched payroll to Fidelity since it saved mon...

livesoft

Any of the under $30 scales sold on Amazon would do that. They all have glass plate of about 1 foot by 1 foot, a very low profile, and output to nearest 0.2 pound. Some have tens of thousands of reviews. Ours is pretty old and has been worry free. I don't see why one needs a scale to last 30 years. ...

livesoft

Check out a big book by Jane Bryant Quinn. "Making the Most of Your Money"

livesoft

As for Subarus, my brother has 2 of them and also recommended the Subaru, but my wife is just dead set on the RX 350. She wants her first "luxury" vehicle and she loved the way it drove. I'm guessing I may need to contact our sales guy soon! Ah, I see now. One cannot have the same car as their BIL ...

livesoft

^It is possible that capital gains are offset by previous tax-loss harvesting even if they are short-term capital gains taxed at ordinary income tax rates. Anyways, I like to avoid dividends not because of their taxes, but because I want to avoid income altogether. Lower income means more headroom f...

livesoft

No, it is not too late.

livesoft

indexonlyplease wrote: ↑
Tue Dec 11, 2018 7:37 pm
Thanks for clearing this up. I am in the process of the TGH with him and our tax advisor.

Your tax advisor may cost you more than the taxes saved.

livesoft

slamfire wrote: ↑
Tue Dec 11, 2018 7:30 pm
Livesoft,
viewtopic.php?t=65205 answers how to avoid a dividend when BUYING. I am asking how to avoid a dividend when SELLING. I think they have different answers.

Think about it: The dividend cannot go to two different investors for the same shares.

livesoft

Note on prior posts - Lexus promos typically only apply to new vehicles; used vehicles are priced by the dealer. That may be true, but when I bought a used RX-350, there was a Lexus (non-dealer) promo of 0% interest loan for 100% of total cost. That is, no money down, no payment due for 6 weeks, dr...

livesoft

I think he is lying to you. Can't you buy a new one for $40K? 3-year-old CPO RX-350's are sold to me for 15% to 20% off the initial dealer asking price. I don't know about internet specials, but if you are in a hurry or have fallen in love with the car, then you will pay for that. I'll add that a Su...

livesoft

Does this from 2010 help? ->
viewtopic.php?t=65205

longdog is probably not completely correct based on that thread.

livesoft

Unfortunately, you are wrong. The issue is that when it comes time to spend from the account to buy that new car the owner of the account (the child who is no longer a minor) will want to sell shares and will get taxed on all the unrealized capital gains that get realized by the sale. That's why tax...

livesoft

bck63 wrote: ↑
Tue Dec 11, 2018 3:39 pm
Livesoft, I know this is an old post but question: Why shouldn't dividends in a taxable account be automatically reinvested?

So one can use them for rebalancing or spend them. For some folks, auto-reinvested dividends also mess up their minds when it comes to tax-loss harvesting.

livesoft

I've given White Coat Investor's book to non-physicians.

livesoft

Because people don't like the packaging.

livesoft

I've never had any luck getting the numbers in a timely fashion. Never.

livesoft

drhoda wrote: ↑
Mon Dec 03, 2018 11:20 pm
Am I crazy to be so conservative?

No, but perhaps you are only crazy thinking that it is logical for everyone else to do as you do?

livesoft

It is easier and more legal to cheat on the automatic dividend reinvesting that brokerages do for clients.

Even easier is to pay virtually nothing for the interest rate on the cash in a sweep or settlement account.

livesoft

I do not use 3-fund per account. Most accounts have one single fund in them. I do almost all rebalancing for the single portfolio by making changes in only one account. The others are included in the analysis, but are on auto-pilot / set-and -forget. See this thread for more discusisons: https://www...

livesoft

The holding period extends across calendar-year boundaries, so holding those shares of VTIAX until February as you wrote will have the qualified dividends remain qualified to you. But you might wish to calculate the change in the taxes. I did this once and I think the difference was less than a doll...

livesoft

In a tax-advantaged account, you won't pay any US taxes on the money paid out to foreign countries as a tax, so there is that tax savings there.

livesoft

But dividends are ordinary income, so whether one says the $3,000 in question is offsetting dividends or salary or interest or other income is kind of immaterial. The $3,000 that is offset will reduce Adjusted Gross Income. That is, it is an above the [AGI] line deduction. That's why it is only "kin...

livesoft

I have not seen mentioned some very important things for new US investors to be reading, so I will mention them here. Lots of IRS Publications which will affect a US investor all through their life. Please read and understand the following: IRS Publication 550 IRS Publication 590A and 590B for all a...

livesoft

Have you read the Bogleheads.org wiki article on the backdoor?
https://www.bogleheads.org/wiki/Backdoor_Roth_IRA

livesoft

If her spouse has earned income, then she can contribute to her IRA. So if that's the case, transfer to Vanguard and make it bigger.

livesoft

I saw a report that the S&P500 was down 10% from its high back in September 2018. A chart shows the Vanguard S&P500 index fund VFIAX has hit this 10%-off level 3 times since then on 10/29, 11/25, and 12/07. Another report wrote that more than half of the S&P500 companies were down 20% or more, so be...

livesoft

I was deeply dismayed to read this thread and want to extend my condolences and heartfelt sympathy to you Northernboy. I have no specific financial advice and it seems that you are getting good advice. This forum should be honored that you chose to come here in this time of personal tragedy. Already...

livesoft

A google search is a good way to find backtesting pitfalls. Typically, researchers try a few things, such as cross validation, out of sample testing, removing random bits of the data, etc (Those are all saying pretty much the same thing). For financial data, I often see researchers see if the same r...

livesoft

So, what happened to Reinvest dates, which used to be (ancient history, like a few month ago), if I recall, distinct from Payable dates? ' For a fund with a Payable date of 12/24 held in a mutual fund account (just to prevent brokerage accounts from potentially muddying the waters)... 1. What date ...

livesoft

I'll assume it goes by date acquired, but I could be wrong.

livesoft

So the loss on the first 50 shares sold will be disallowed. You make the adjustment and show this on your tax return.

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