Search found 56193 matches

by livesoft
Fri Nov 17, 2017 8:30 pm
Forum: Personal Consumer Issues
Topic: Renting a car from Atlanta GA to Austin TX: $$$
Replies: 31
Views: 1252

Re: Renting a car from Atlanta GA to Austin TX: $$$

Buy a car for $1200 or less from craigslist and then donate it at your destination.
by livesoft
Fri Nov 17, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to navigate through college expenses and possible early retirement
Replies: 7
Views: 432

Re: How to navigate through college expenses and possible early retirement

And this brings us to the Rule of 55 - if you retire or otherwise leave employment in the year you turn 55, you can withdraw from that employer's 401k without penalty. Only if the employer 401(k) plan allows it. Neither my 401(k)s nor my spouse's 401(k)s have ever allowed it even though the IRS all...
by livesoft
Fri Nov 17, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 16
Views: 700

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

And here is a link to a previous discussion with a link to some IRS regulations posted by sscritic that may be helpful:
viewtopic.php?t=143743
by livesoft
Fri Nov 17, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 18
Views: 1041

Re: Current precarious equity environment for a retiree

dachshund wrote:
Fri Nov 17, 2017 6:39 pm
Allowing for a yearly inflation rise of 3%, I should be able to cover my expenses with SS + RMD (from cash equivalents) for 10-15 years or more.
If the above is true, then you have a more than huge nest egg.
by livesoft
Fri Nov 17, 2017 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard
Replies: 5
Views: 466

Re: DFA vs Vanguard

Sure there is data. Robert T has threads and then even DFA folks have video series: https://www.bogleheads.org/forum/viewtopic.php?t=205911 and the bogleheads.org forum has lots of discussions found with a search: https://www.bogleheads.org/forum/viewtopic.php?t=148192 DGSIX is a DFA 60/40 fund that...
by livesoft
Fri Nov 17, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to navigate through college expenses and possible early retirement
Replies: 7
Views: 432

Re: How to navigate through college expenses and possible early retirement

I retired with 2 kids in college at the same time. No financial aid. Based on your assets, I really doubt you have any chance for financial aid at all, but it really doesn't matter since you have plenty of nut to pay for college anyways. 529 plans for some of the college expenses will avoid some tax...
by livesoft
Fri Nov 17, 2017 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 67
Views: 4382

Re: Help for semi retired friend with 8 figure savings

I have to laugh at the gold helping to protect from a complete government collapse. Maybe true if the gold is not held in the US such as in a Swiss vault. Perhaps in another thread, we can see how gold helps out during a complete government collapse. I'm thinking folks have experienced this such as ...
by livesoft
Fri Nov 17, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard
Replies: 5
Views: 466

Re: DFA vs Vanguard

I don't believe you are missing out by not using DFA funds. Indeed, the small-cap value-tilted portfolios that DFA favors have underperformed in recent years compared to a so-called 3-fund total market weighted portfolio. Of course, this will not always be true going forward. However, if you have be...
by livesoft
Fri Nov 17, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 7
Views: 677

Re: Confused about cash and retirement - isn't this really about market timing?

If you can use some help, then it can be found in the Safe Withdrawal Rates series found at EarlyRetirementNow.com: https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ Part 12 is about a cash cushion: https://earlyretirementnow.com/2017/03/29/the-ultim...
by livesoft
Fri Nov 17, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax estimator
Replies: 6
Views: 479

Re: H&R Block Tax estimator

Qualified dividends ARE ordinary dividends. And they are entered as such on Form 1040.
by livesoft
Fri Nov 17, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: Monte Carlo Analysis VS Historical Rolling Periods
Replies: 8
Views: 374

Re: Monte Carlo Analysis VS Historical Rolling Periods

I take both methods with a healthy dose of many grains of salt. That way, I don't have to spend any of my time thinking about something that I cannot control nor predict anyways.
by livesoft
Fri Nov 17, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: annualized TLH data from Wealthfront
Replies: 3
Views: 513

Re: annualized TLH data from Wealthfront

^My experience is that it is mostly accumulators who are contributing mucho dinero each year have the best opportunities to tax-loss harvest. For folks like me who are not making any more money and so do not contribute to a taxable account, the opportunities are small if they even exist. I don't thi...
by livesoft
Fri Nov 17, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Spending Taxable to Zero during Retirement
Replies: 21
Views: 1538

Re: Spending Taxable to Zero during Retirement

I am retired and not spending any of my tax-advantaged assets at the present time. I expect that my taxable assets will last quite a while and well past age 70.5 when RMDs might kick in for any remaining tax-deferred accounts that I have. In the meantime, it's Roth conversions every year. So to answ...
by livesoft
Fri Nov 17, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account investments
Replies: 7
Views: 702

Re: Taxable account investments

If you need more fixed income to achieve a 50:50 asset allocation and there is no more room in tax-advantaged, then your fixed income has to go in taxable. There is no sin in that. The most tax-efficient for you fixed income choice will depend on your personal tax situation which you did not describ...
by livesoft
Fri Nov 17, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 18
Views: 1041

Re: Current precarious equity environment for a retiree

I am retired. I don't consider the current environment precarious at all. It seems pretty normal to me after all the years that I have been observing markets and investing. I most certainly have resources to invest in equities when they drop. That's called rebalancing and I would do so by exchanging...
by livesoft
Fri Nov 17, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 41
Views: 2653

Re: Help with Understanding How to Handle Bonus

I would open Roth IRAs and contribute the maximums before I paid off student loans. What if we're in partial AGI phaseout territory for Roth IRAs? Would you just open and contribute the max we're able to contribute? And I understand the math behind getting more money into tax-advantaged space earli...
by livesoft
Fri Nov 17, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and $0.01 question
Replies: 6
Views: 578

Re: Backdoor Roth and $0.01 question

^That must be a benefit of having Flagship status. I don't have Flagship status and had no problem buying 3 cents worth of shares at a 42% discount: viewtopic.php?t=208793
by livesoft
Fri Nov 17, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k questions - add spouse, loans
Replies: 6
Views: 349

Re: solo 401k questions - add spouse, loans

The main purpose of our 401(k) loan was to avoid the 2% expense ratio of the funds in the 401(k) while keeping that space open for a future rollover. The loan money was not spent, but invested in the same investment with a very low expense ratio. Your 401(k) loan could be used to invest elsewhere as...
by livesoft
Fri Nov 17, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 16
Views: 700

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

I didn't even realize a you could own a fund with different shares of that fund (in the same account) using different cost-basis methods. You couldn't do that until the tax laws changed in 2012. Since your last sale was before 2010, I would think that ALL your covered shares could have a Cost Basis...
by livesoft
Fri Nov 17, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 41
Views: 2653

Re: Help with Understanding How to Handle Bonus

I would open Roth IRAs and contribute the maximums before I paid off student loans.
by livesoft
Fri Nov 17, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account investments
Replies: 7
Views: 702

Re: Taxable account investments

I suggest you get out of the mindset of earning income from dividends and interest. I suggest instead that you look at total return and not worry about selling shares as needed (even every month). In our taxable accounts we have 100% stock index funds that are very very tax efficient, so we don't pa...
by livesoft
Fri Nov 17, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Questions for Boglehead runners
Replies: 27
Views: 1175

Re: Questions for Boglehead runners

I buy shoes at Academy maybe once a year for $60 or less. I use inserts from maybe 10 years ago still.
by livesoft
Fri Nov 17, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: Questions for Boglehead runners
Replies: 27
Views: 1175

Re: Questions for Boglehead runners

I spend less than $100 a year. That's for shoes and batteries for my electronics. I get free clothes from my kids. I don't run in organized races/runs. My life is not busy, so I run whenever I feel like it which is usually early morning, but sometimes on cool afternoons. I listen to music which I go...
by livesoft
Fri Nov 17, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 16
Views: 700

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

You can always call Vanguard again and see if you get a different answer than your previous call. :twisted: Personally, I don't think the demarcation will be the covered / non-covered date necessarily. That's because if you sold shares AFTER that date, but did not use Specification Identification, t...
by livesoft
Fri Nov 17, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: United change fees
Replies: 17
Views: 794

Re: United change fees

I think it is expected. United charges money just for talking to a CSR over the phone. They want you to do everything online, so penalize you for doing it by phone. If you had made the changes online, I think it would have been cheaper. In the old days, you could get on an earlier connecting flight ...
by livesoft
Fri Nov 17, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my asset allocation?
Replies: 4
Views: 321

Re: Thoughts on my asset allocation?

The portfolio you listed falls within the typical range of aggressive portfolios displayed on the forum. I would not use solely VWO for my international equities, but would go more broad-market and small-cap myself as in VEU + VSS. I currently have a market weight for emerging markets, though tilted...
by livesoft
Thu Nov 16, 2017 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k questions - add spouse, loans
Replies: 6
Views: 349

Re: solo 401k questions - add spouse, loans

We borrowed from a 401(k) and put the money in a 529 plan. That was to save on high fees in the 401(k) plan. But I don't understand why you cannot max your 401(k) contributions PLUS save for the buy-in PLUS fund the 529 plan. And what about your Backdoor Roth IRAs for you and your spouse? You don't ...
by livesoft
Thu Nov 16, 2017 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Top quality home builders in North Dallas
Replies: 3
Views: 374

Re: Top quality home builders in North Dallas

In our area David Weekly is not a custom-home builder, but is a considered a good builder for homes that are not custom-built on par with Village Builders.
by livesoft
Thu Nov 16, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Vacation on a budget
Replies: 15
Views: 1315

Re: Christmas Vacation on a budget

Backcountry skiing with camping on the snow in a tent.
by livesoft
Thu Nov 16, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Opinions and Tax Efficiency
Replies: 7
Views: 569

Re: Portfolio Opinions and Tax Efficiency

It doesn't matter if small cap value is tax efficient or not for my statement to hold true. I wrote about the need to sell in order to rebalance out of it. I don't want to sell anything at a taxable gain in taxable until I am long retired.
by livesoft
Thu Nov 16, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and $0.01 question
Replies: 6
Views: 578

Re: Backdoor Roth and $0.01 question

The money is never stranded. Whether 1 cent or 2 cents or 7 cents or whatever, it should be converted as soon as you see it. Presently, there is no limit to the amount of money one can convert each year to a Roth IRA.

Vanguard should fix its web site so that 100% really means 100%.
by livesoft
Thu Nov 16, 2017 4:28 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 61
Views: 2062

Re: Where did you first learn about investing?

My dad had Securities Analysis by Graham and Dodd on the family bookshelf, so I read it when I was around 13 years old.

I was going to turn my paper route money into a million dollars. Instead, I spent it on 2-week trip to Mexico without my family when I was 14 years old.
by livesoft
Thu Nov 16, 2017 3:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099534

Re: U.S. stocks in freefall

See this thread on RBDs: viewtopic.php?t=194427
by livesoft
Thu Nov 16, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099534

Re: U.S. stocks in freefall

ImmigrantSaver wrote:
Thu Nov 16, 2017 3:16 pm
What's the threshold for a RBD? I always thought it was 1%
It depends on a number of things, but any drop of less than 2.5% is not a RBD, but even a drop of 3.5% might not be an RBD.
by livesoft
Thu Nov 16, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 16
Views: 700

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

I have one single mutual fund in a taxable account at Vanguard. The shares are all uncovered. I set the cost basis method to Specific ID whenever Vanguard.com allowed that to be done through the web interface. Vanguard.com even says the cost basis method is Specific ID. Nevertheless, when I have sol...
by livesoft
Thu Nov 16, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 42
Views: 3061

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

skjoldur wrote:
Thu Nov 16, 2017 2:30 pm
ERN is also a proponent of high stock allocations. Some of the analyses in his articles use 60/40 as the most conservative AA.

Are you inclined to agree?
Yes, definitely.
by livesoft
Thu Nov 16, 2017 2:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099534

Re: U.S. stocks in freefall

David Jay wrote:
Thu Nov 16, 2017 2:09 pm
livesoft wrote:
Thu Nov 16, 2017 1:57 pm
...so today may not even end up being a 52-week high.
What? No new high? Man the lifeboats!!!
Hey look on the bright side: If you didn't hit your rebalancing bands last week, then you aren't going to hit them today, so nothing to be done ... as usual.
by livesoft
Thu Nov 16, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099534

Re: U.S. stocks in freefall

The biggest question that I have is "Will this week end up in red i.e. close less than last Friday?" and if that is the case, how far would we have to go in the past to find similar "freefall"? FWIW, Vanguard Total Stock Market Index fund fell about 1.5% on both August 10, 2017 and August 17, 2017....
by livesoft
Thu Nov 16, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 67
Views: 4382

Re: Help for semi retired friend with 8 figure savings

Less than half of net worth is in simple investable assets. In the list presented, everything below the "cash" line would be problematic for me. Above the cash line, looks like only 23% equities. I have no clue what to say about all this as the investor needs a real time-out in order to figure out w...
by livesoft
Thu Nov 16, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bond fund in a ROTH
Replies: 19
Views: 1351

Re: Bond fund in a ROTH

^ Where should bonds theoretically go? Bonds might theoretically go in taxable, especially if they are muni bonds and one is in a high tax bracket. OTOH, a craptacular bond fund in the 401(k) might be the place to go. If you pay 0.5% extra in a 401(k) due to an expense ratio, then that's almost lik...
by livesoft
Thu Nov 16, 2017 12:47 pm
Forum: Investing - Theory, News & General
Topic: Retirement withdrawals - lump sums or piecemeal?
Replies: 4
Views: 484

Re: Retirement withdrawals - lump sums or piecemeal?

As needed. A good argument for monthly (which is pretty much as needed) is made in the Ultimate Guide to Safe Withdrawal Rates series: https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ Our mechanics is that it takes at most 2 days to get money and of...
by livesoft
Thu Nov 16, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Is treating all accounts as one bucket really simpler
Replies: 11
Views: 1520

Re: Is treating all accounts as one bucket really simpler

I have 1 account that has multiple holdings. All other accounts have 1 single fund. For me this makes rebalancing easier, and yes there are tax benefits. Having a spreadsheet makes rebalancing a 5 minute job. We are similar, but instead of a spreadsheet, we just use Vanguard Portfolio Watch, so tha...
by livesoft
Thu Nov 16, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 41
Views: 2653

Re: Help with Understanding How to Handle Bonus

The only way to lower the tax bill is to make sure that you [and your spouse, if married] contribute the maximums allowed to your 401k plans. Since 401k contributions come from paychecks, you have to change that contribution today in order to use the remaining 2017 paychecks to get to $18,000 in con...
by livesoft
Wed Nov 15, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 24
Views: 2615

Re: Chain of command

I'll throw this out there to make this thread actionable and interesting: Office affair.
by livesoft
Wed Nov 15, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investing help family of four....Do nothing?
Replies: 22
Views: 1729

Re: Investing help family of four....Do nothing?

CouponJack wrote:
Wed Nov 15, 2017 8:56 pm
livesoft wrote:
Wed Nov 15, 2017 8:37 pm


It is not clear to me what kind of account the $325K in Vanguard 2015 is.
VTXVX....
That's a ticker symbol, not an account. :happy

The asset allocation of the 2015 fund is quite conservative for a family like yours.
by livesoft
Wed Nov 15, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Breaking up with USAA--banking alternatives welcomed
Replies: 28
Views: 6359

Re: Breaking up with USAA--banking alternatives welcomed

I never worried about fees since everything is free for me at WellsFargo.
by livesoft
Wed Nov 15, 2017 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Investing help family of four....Do nothing?
Replies: 22
Views: 1729

Re: Investing help family of four....Do nothing?

In your shoes, I would contribute the maximum allowed to a 401(k) which is $18,000 in 2017 and $18,500 in 2018. You should change your contribution from your paycheck TONIGHT! You can even have ALL your paycheck to your 401(k) for the rest of the year and just use the TAXABLE account for expenses he...
by livesoft
Wed Nov 15, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Bill Paying Issues
Replies: 18
Views: 1219

Re: Bill Paying Issues

^Thanks for the info. We have a joint CMA at Fidelity, but have never used it except as a conduit to get dividend money out of Fidelity.