Search found 56183 matches

by livesoft
Fri Nov 17, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: Monte Carlo Analysis VS Historical Rolling Periods
Replies: 6
Views: 153

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: 371

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: 6
Views: 281

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: 6
Views: 434

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: 11
Views: 316

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: 29
Views: 1947

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: 519

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: 332

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: 15
Views: 604

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: 29
Views: 1947

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: 6
Views: 434

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: 24
Views: 817

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: 24
Views: 817

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: 15
Views: 604

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: 15
Views: 581

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: 306

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: 332

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: 357

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: 1267

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: 548

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: 519

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: 58
Views: 1865

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: 1099188

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: 1099188

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: 15
Views: 604

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: 33
Views: 2429

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: 1099188

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: 1099188

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: 59
Views: 3522

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: 1322

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: 475

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: 1514

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: 29
Views: 1947

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: 23
Views: 2446

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: 21
Views: 1592

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: 6352

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: 21
Views: 1592

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: 1214

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.
by livesoft
Wed Nov 15, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Been thinking about this post for a while...Mom's retirement
Replies: 13
Views: 1441

Re: Been thinking about this post for a while...Mom's retirement

I'd use some of the emergency fund to pay off all of the CC debt tomorrow.

You don't have to answer, but I am puzzled by the low monthly expenses with the high monthly income AND the credit card debt.
by livesoft
Wed Nov 15, 2017 7:17 pm
Forum: Personal Consumer Issues
Topic: AT & T outage - [Nationwide outage]
Replies: 12
Views: 1161

Re: AT & T outage - hacked?

Works for me in Texas. Is this fake news?
by livesoft
Wed Nov 15, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: Benefits of a FIFO world versus Tax Harvesting world
Replies: 5
Views: 465

Re: Benefits of a FIFO world versus Tax Harvesting world

Let me add a complication:

Perhaps in a FIFO world, I would transfer-in-kind old shares with gains to another financial institution leaving me with the newer shares with losses in place for tax-loss harvesting.
by livesoft
Wed Nov 15, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: sell fidelity index mutual fund and replace with etf index for tax benefit?
Replies: 11
Views: 841

Re: sell fidelity index mutual fund and replace with etf index for tax benefit?

I don't have a problem with that. Presumably, you are happy to realize capital gains from selling FSTVX, but I hope the gains are long-term for the reduced tax rate or you have losses to offset those gains. You can set your other funds to not reinvest dividends, too, so that you manually reinvest th...
by livesoft
Wed Nov 15, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4089

Re: Regrets after reaching retirement?

So far, no regrets. But I travelled before retirement with and without kids and I travel in retirement with and without kids.

While I have a nice car, I don't consider it a reward for anything.

I do see people regret not taking care of their health and bodies. I don't have that regret so far.
by livesoft
Wed Nov 15, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Bill Paying Issues
Replies: 18
Views: 1214

Re: Bill Paying Issues

Another thing to do is to have a single joint e-mail account for your shared responsibilities. My spouse and I have a family e-mail account. It is also the e-mail address given to our financial institutions. Thus, I can see all her e-mail notifications and she can see all mine. For instance, our ban...
by livesoft
Wed Nov 15, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Bill Paying Issues
Replies: 18
Views: 1214

Re: Bill Paying Issues

Sure, you can pay lots of things through credit cards, but then the credit card expiration date changes, you forget to change it with all your payees and then you are in a world of hurt. Or, the bank changes from Visa to MC and you get a new card and then have to re-setup all your payees. Or, someo...
by livesoft
Wed Nov 15, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Bill Paying Issues
Replies: 18
Views: 1214

Re: Bill Paying Issues

We have a similar problem, but we have simplified as follows: 1. We don't have tens of payees. Instead we have about 7. I asked my spouse to be responsible for a few of them and I am responsible for some of them. Thus, my spouse knows how to set up and monitor bill paying just like in the old days o...
by livesoft
Wed Nov 15, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Help deciding between Wellesley and 4 Corporate Bond Index Funds
Replies: 14
Views: 1452

Re: Help deciding between Wellesley and 4 Corporate Bond Index Funds

Where and when have you seen a 0.5% move in bonds this year in a single day? For instance: Intraday with BIV (Vanguard Intermediate-term bond fund) last week: 84.45 on Nov 9 to 84.00 on Nov 10. Also January 18 and March 1. (Be sure to account for going ex-dividend on March 1.) One simply has their ...