Bogleheads.org

livesoft

If one is underweight in an asset class according to their asset allocation plan, then one should direct new contributions and dividends into the underweighted asset class. If one uses "bands" to decide when to rebalance, then one should check their bands. If one uses date to rebalance, then one sho...

livesoft

I'm sorry to be laughing at the UBS info. It cannot possibly be the way you characterized it.

livesoft

You have an asset allocation plan, so just follow it. I don't see what the big deal is.

livesoft

You didn't mention the Form 8606 that you have been filing every year that you made non-deductible traditional IRA contributions. Since you have been doing that, I think you got this down and are practically a pro at all this. Am I right?

livesoft

As noted, the dividends from a taxable account will appear as income on Form 1040 via Schedule B, just like interest appears on Form 1040 via Schedule B. It is true that if you sell shares in a taxable account, the return of capital (cost basis) is not reported as income, but the net capital gains/l...

livesoft

No reason to bother running fake wires all the way to the basement. So I expect the camera is real. Could be true, but the wires could have been run before the cameras were purchased, then to save money, fake cameras were put in. I only write this because of the OP's statement about the builder's a...

livesoft

Sounds like a good move to me.

livesoft

No one will care what shoes you wear. But maybe when/if the wedding takes place if the groom and groomsmen are wearing red sneakers, then you will know you had an influence.

livesoft

They could be fake cameras to ward off folks.
https://www.google.com/search?q=fake+ou ... or+cameras

The builder could be clever to put in fake wires, too.

livesoft

I hope you didn't pay $100 for a $20 pair of shoes.

livesoft

It wouldn't hurt to contact your 401(k) people and ask them about this. You will probably find that the expense ratio of your version of the fund is different from what you think.

livesoft

If you are 100% sure there is a crash of 35%-50% from these levels, then you should sell short VTI. Somehow if push comes to shove, I just don't think you are 100% sure and so you won't do this. But I am willing to be proved wrong. But if you are 100% sure there is a crash of 35%-50% from some unkno...

livesoft

To put a positive spin on this missive from Swedroe, I think he should write about the "perfect" investor in each category and how that investor behaves and avoids the biases Swedroe listed.

livesoft

Get two more quotes.

livesoft

My take is different. There was so much worry about bonds losing money that people sold out of them back in early May in an emotional behavioral finance mistake. Bonds got oversold. One could tell this because of the large, single-day drop. Then people came to their senses and had to buy back into b...

livesoft

Both Schwab and Fidelity have decent in-house index mutual funds that are no-commission. As long as you avoid Vanguard mutual funds at these two brokers, I think you can pay zero commissions on the things you should want to buy.

livesoft

Thanks for the response. I just want to write now that "research" at a brokerage firm is a red herring. One doesn't need to do any research at a brokerage firm's web site since the rest of the internet is so much better. Besides, if one is buying index funds (index ETFs and index mutual funds), ther...

livesoft

They do have attractive expense ratios for small-cap foreign equity funds. Look at the expense ratios of Vanguard small-cap foreign equity funds for a comparison.

They would be good options since SPDW does not hold all of international equities. SPDW holds only developed market equities.

livesoft

@nish, TDAmeritrade charges more to buy/sell mutual funds than $6.95. TDAmeritrade charges $0.00 to buy/sell many ETFs if you follow the rules. So do most other brokerages. With all those mutual funds in your TDAmeritrade accounts, it may cost you quite a bit to sell them. What is the current ratio ...

livesoft

Since trades are free at Vanguard, I don't see how Schwab will be less expensive.

I use multiple brokers where all my trades are free, but I don't use Schwab. I don't think that complicates things.

What do you intend to buy within your 401(k)? That might help you decide which custodian to use.

livesoft

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...

livesoft

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...

livesoft

I like TDAmeritrade, but maybe you should switch your Roths and your taxable account to Vanguard? Are you willing to do that?

livesoft

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.

livesoft

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.

livesoft

I would not. I know how to fix dishwashers.

livesoft

Under $4K for one kid. The other kid, no braces. I think $6K is at least $2K too much. Shop around. We did.

livesoft

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 ...

livesoft

Just wait until the 31st day AFTER 6/29 and then TLH. So to answer you question: Yes.

livesoft

Pianos. Plural. My spouse was a music major.

livesoft

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.

livesoft

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...

livesoft

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.

livesoft

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 ...

livesoft

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.

livesoft

^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...

livesoft

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...

livesoft

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

Crime does pay.

livesoft

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.

livesoft

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...

livesoft

^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...

livesoft

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...

livesoft

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.

livesoft

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...

livesoft

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...

livesoft

What do your friends and family drive that are in similar circumstances? They should let you test drive their cars.

livesoft

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...

livesoft

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...

livesoft

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...

livesoft

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...

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