Search found 61069 matches

by livesoft
Thu Jul 19, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 56
Views: 2699

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I see giving up the $35,000 annually as a potential mistake. I'm laughing because that assumes that a passively-managed low-expense-ratio diversified index fund portfolio won't pay out just as much or more annually. I wish my index funds didn't pay out so much because I get taxed on those payouts i...
by livesoft
Thu Jul 19, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: "Exchanging" ETFs
Replies: 5
Views: 414

Re: "Exchanging" ETFs

If you do the buy quick enough after the sell (say within a few seconds, minutes), then you won't see the money in the settlement fund at all.

Vanguard.com is very slow to update any money amounts.
by livesoft
Thu Jul 19, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Two Questions - College Tuition Payments
Replies: 6
Views: 309

Re: Two Questions - College Tuition Payments

What if your student drops out or switches schools?

We always set up a payment plan when we could because we always made more money investing than wasting that money on paying college early.
by livesoft
Thu Jul 19, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 56
Views: 2699

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

That 10% for the next generation just dooms the next generation to the same mistake.
by livesoft
Thu Jul 19, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 56
Views: 2699

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Forget about sentimentality. That's a trap. Your asset allocation right now should not be what your dad's asset allocation was. It is even possible that he felt trapped in the position because of taxes. And investing is different from years ago. Products are different. Index funds that are passively...
by livesoft
Thu Jul 19, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Cost Basis With Fractional Shares In Mutual Funds
Replies: 3
Views: 176

Re: Cost Basis With Fractional Shares In Mutual Funds

It would not take days to analyze anything with Specific Identification, so that's what I suggest.

Vanguard.com will just put the results on its web site for you and you wouldn't even have to think about it.
by livesoft
Thu Jul 19, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Selling Fractional Shares after a Transfer
Replies: 6
Views: 268

Re: Selling Fractional Shares after a Transfer

I would call Schwab instead of posting on bogleheads first. Then I would tell everyone on bogleheads.org how to do it based on what Schwab did for me.

What has the world come to?
by livesoft
Thu Jul 19, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: How to calculate daily return for a portfolio of more than one stock?
Replies: 5
Views: 285

Re: How to calculate daily return for a portfolio of more than one stock?

^I don't think that is always going to work because each stock won't always be 50% and that negative change is tricky. 1. Convert percent change to fractional factor. For instance, -0.2156% is a factor of (1.0 - 0.2156/100) = 0.997844. 2. Then compute weighted arithmetic mean (aka weighted average) ...
by livesoft
Thu Jul 19, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 68
Views: 4440

Re: $540 a month on food for graduate student budget too much?

Most (if not all) canned food has way too much sodium which is just not good for health (and worse as you grow older!). Instead, get the dried black (or kidney beans), soak for a few hours (or a day even), pressure cook the beans then add salt to taste (which will invariably never be close to how m...
by livesoft
Thu Jul 19, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: What is the most severe hyperbolic discounting you have ever acted on?
Replies: 26
Views: 1515

Re: What is the most severe hyperbolic discounting you have ever acted on?

[quote=123 post_id=4026990 time=1532009532 user_id=40445
When Quaker Oats 42 oz goes on sales for 2 for $5 ...[/quote]
The store brand is pretty much the same thing and always priced at $2.49 for 42 oz which is less than 2 for $5.
by livesoft
Thu Jul 19, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: REITs, etc
Replies: 11
Views: 507

Re: REITs, etc

1. I hold REITs at the market weight found in Total Stock Market index funds all the time. In addition, I have an allocation of 0% to 10% in REITs separately. Currently my portfolio has 0% in separate REIT funds. 2. They belong in tax-advantaged accounts since the dividends are taxed, but not favora...
by livesoft
Thu Jul 19, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: What is the most severe hyperbolic discounting you have ever acted on?
Replies: 26
Views: 1515

Re: What is the most severe hyperbolic discounting you have ever acted on?

jhfenton wrote:
Thu Jul 19, 2018 8:18 am
What's your buy-up-the-whole-store price point on oatmeal?
Ha! I'm not sure, but all I know is that I've never seen such a price in my life ... yet.
by livesoft
Thu Jul 19, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Program and Administration Fee Error?
Replies: 4
Views: 333

Re: Program and Administration Fee Error?

We cannot tell anything from the image you posted. My spouse has VFIAX in her 401(k). There are no extra fees for her. The daily NAV values in her 401(k) account match the Vanguard.com numbers. When she buys or sells shares, the math works out that the number of shares times the NAV is the dollar am...
by livesoft
Thu Jul 19, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: 403B Coal Raking! Help!
Replies: 13
Views: 1006

Re: 403B Coal Raking! Help!

I would strongly urge you to not to "make a stink." Your wife needs to choose and fight her own battles. There are many aspects to a job and this one might not be important to her. Especially if there is no match this could be close to the bottom of her priority list. If there is a match, be thankf...
by livesoft
Thu Jul 19, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: How to calculate daily return for a portfolio of more than one stock?
Replies: 5
Views: 285

Re: How to calculate daily return for a portfolio of more than one stock?

If you own equal number of shares, then they must have the same price if your portfolio is 50% one and 50% the other. Maybe you can clarify? But you can just ignore the percent change of each stock and figure calculate how much higher your portfolio is today from yesterday. Example: Total portfolio ...
by livesoft
Thu Jul 19, 2018 7:21 am
Forum: Personal Finance (Not Investing)
Topic: What is the most severe hyperbolic discounting you have ever acted on?
Replies: 26
Views: 1515

Re: What is the most severe hyperbolic discounting you have ever acted on?

When 2-liter bottles of soda go on sale for 77 cents each, I buy every single one in the store and go to other stores in the area to buy all of the ones they have in stock, too. If you don't know what brand and flavor I am talking about, then you haven't been reading this forum long enough. Otherwis...
by livesoft
Wed Jul 18, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: Flatting Yield Curve - buckle up for the storm?
Replies: 27
Views: 2073

Re: Flatting Yield Curve - buckle up for the storm?

grayfox wrote:
Wed Jul 18, 2018 6:00 pm
Where's that page that shows the probability of FED FUNDS rate at future dates. Is this it?
I use this, but they are probably all pretty much the same:
https://www.cmegroup.com/trading/intere ... -fomc.html
by livesoft
Wed Jul 18, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Flatting Yield Curve - buckle up for the storm?
Replies: 27
Views: 2073

Re: Flatting Yield Curve - buckle up for the storm?

OK, which bond funds will do best before the Recession is noticed and which one's will do best as the Recession is noticed and which one's will do best after the Recession is declared?
by livesoft
Wed Jul 18, 2018 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Short versus Intermediate Term Bond
Replies: 10
Views: 1157

Re: Short versus Intermediate Term Bond

patrick013 wrote:
Wed Jul 18, 2018 2:10 pm
@Livesoft
...
Sorry, I don't know what you are writing about, but you can pm me to explain if you wish.
by livesoft
Wed Jul 18, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 73
Views: 6495

Re: Salary vs. Lifestyle

Yes, what she said.
by livesoft
Wed Jul 18, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 562
Views: 65250

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

TallBoy29er wrote:
Wed Jul 18, 2018 5:11 pm
Just when I was feeling good about making a decision where to go..... :shock:
The good thing is that my son sold all shares in his UTMA back in January and hasn't reinvested the money. So he is up YTD over what would have happened if Vanguard didn't act insanely.
by livesoft
Wed Jul 18, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 562
Views: 65250

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

FWIW, I didn't drop Vanguard ETF's, I dropped TDA. I did get free trades, but with three accounts (spouse and self Roth, taxable), it's a pain in the arse. Funny - tried to open a Merrill Edge account, thought it would be nice to have all Bank of America accts and Merrill acct in one place. Did the...
by livesoft
Wed Jul 18, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private high school?
Replies: 20
Views: 1303

Re: Can I afford private school?

For college, yes. For before college K-12, no. Maybe 11-12 though.
by livesoft
Wed Jul 18, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Received IRS notice CP 2000 asking more tax. Need help.
Replies: 18
Views: 1549

Re: Received IRS notice CP 2000 asking more tax. Need help.

Pretty sure you have to use actual expenses with the 529. You can't just use estimates from the school's website. Your registrar/billing transcript would be a better source doc. If you can match the expenses on that with allowable 529 expenses then you're fine. The registrar is not going to have of...
by livesoft
Wed Jul 18, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Europe travel Qs
Replies: 54
Views: 2248

Re: Europe travel Qs

I don't bother carrying money or a wallet anymore. I have a zippered pocket for one credit card, one ID card. If I am camping, I add a micro pocket knife and a BIC lighter. In Europe or in general? In general. Europe, US, wherever. I sometimes add a health insurance card. If I go to the library, I ...
by livesoft
Wed Jul 18, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Europe travel Qs
Replies: 54
Views: 2248

Re: Europe travel Qs

I don't bother carrying money or a wallet anymore. I have a zippered pocket for one credit card, one ID card. If I am camping, I add a micro pocket knife and a BIC lighter.
by livesoft
Wed Jul 18, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Beginner Kayaks
Replies: 5
Views: 293

Re: Beginner Kayaks

Any ol' used kayak is probably good enough. What are the 6 to 10 used kayaks that are available to you right now? Also what are you going to do? Sit in swimming pool? Kayak along the sea coast? Kayak among sheltered islands on a lake or say inside the Outer Banks? Whitewater kayaking? Just fishing f...
by livesoft
Wed Jul 18, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Another avg cost vs. Spec ID decision
Replies: 10
Views: 559

Re: Another avg cost vs. Spec ID decision

If you need more fixed income in your asset allocation than your 401(k) has room for (after the 401(k) is 100% bonds), then you have to put it somewhere. It could go in taxable or Roth. The decision will depend on your tax bracket(s). High income folks will use a tax-exempt bond fund in the taxable ...
by livesoft
Wed Jul 18, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Another avg cost vs. Spec ID decision
Replies: 10
Views: 559

Re: Another avg cost vs. Spec ID decision

So, no reason to not have your 401(k) 100% bonds while having some additional bonds elsewhere.
by livesoft
Wed Jul 18, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 562
Views: 65250

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Other characteristics: Passively-managed. Index fund. Tracks a Vanguard ETF faithfully. After all, if you liked the Vanguard ETF, why wouldn't you like the clone of the Vanguard ETF? So why did you choose the Vanguard ETF in the past? The same reasons can be used for other ETFs, right?
by livesoft
Wed Jul 18, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund or ETF?
Replies: 2
Views: 310

Re: Mutual Fund or ETF?

See this well-curated wiki article:
https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds
by livesoft
Wed Jul 18, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: WSJ article on teaching children finance may save your retirement
Replies: 4
Views: 942

Re: WSJ article on teaching children finance may save your retirement

Not much info in the article. Mostly it says (paraphrasing) "Save for your own retirement instead of giving adult children money you cannot afford to give them."
by livesoft
Wed Jul 18, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question
Replies: 2
Views: 170

Re: Newbie question

Sounds good to me. There, was that easy on you? :) Welcome.
by livesoft
Wed Jul 18, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 562
Views: 65250

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Any time a list of no-commission ETFs appears or changes, one can simply look at the list and sort from low-expense-ratio to high-expense-ratio. The ETFs that I would pick would be low expense ratio ones, so they would be among the first 10 to 20 ETFs in the sorted list. It's pretty easy to do and o...
by livesoft
Wed Jul 18, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Short versus Intermediate Term Bond
Replies: 10
Views: 1157

Re: Short versus Intermediate Term Bond

Bond funds can go up or down by 0.5% in a single day. Not often, but often enough. So would you switch from intermediate term to short term if the intermediate term went up 0.5% in a single day? And if intermediate term dropped by 0.5% in a single day, would you switch from short-term to intermediat...
by livesoft
Wed Jul 18, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Anything wrong with this portfolio?
Replies: 7
Views: 761

Re: Anything wrong with this portfolio?

Why all the S&P500 index funds and not Total US Stock Market index funds instead?
by livesoft
Wed Jul 18, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: Europe travel Qs
Replies: 54
Views: 2248

Re: Europe travel Qs

I cannot answer all your questions, but will comment anyways. 1. I don't take cash and try to never get money from an ATM. I just use a decent no-foreign-transaction fee credit card like Capital One when I am in Europe. I've even paid for bus tickets with a credit card. Your CapOne card will be good...
by livesoft
Wed Jul 18, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Sub-Asset Allocation Model, Personal Advisor Service
Replies: 20
Views: 1637

Re: Vanguard Sub-Asset Allocation Model, Personal Advisor Service

I think the Vanguard advice is perfect for you, but you don't have to follow it. As for the REIT, selling now would be selling high, so why wouldn't you want to do that? Also, the way these forums and this thread works is that you should probably edit the FIRST post in this thread to reflect the cor...
by livesoft
Wed Jul 18, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Another avg cost vs. Spec ID decision
Replies: 10
Views: 559

Re: Another avg cost vs. Spec ID decision

Anything net over $3,000 will be carried forward.

This looks like a great opportunity to exchange into a replacement fund and be done with non-covered shares. And also to consider getting bond funds out of taxable and perhaps make things more tax efficient going forward.
by livesoft
Wed Jul 18, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Another avg cost vs. Spec ID decision
Replies: 10
Views: 559

Re: Another avg cost vs. Spec ID decision

Use spec ID and don't sell any of the non-covered shares. Done. I doubt the non-covered shares have a loss anyways.

OTOH, if average cost per share is under current NAV and you hold these shares in a taxable account, this is a GOLDEN opportunity to sell ALL the shares at a loss. Don't waste it.
by livesoft
Wed Jul 18, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 73
Views: 6495

Re: Salary vs. Lifestyle

Everybody I know that has had higher salary has figured out a way to enjoy life while earning a higher salary. I think much of the pain now stuff is just talk to make the wealthy feel more normal and not get hassled by the less well off.
by livesoft
Wed Jul 18, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Backdoor Roth questions. ??
Replies: 10
Views: 690

Re: Backdoor Roth questions. ??

Is "acct" 'account' or 'accountant'? If "he" is 'accountant', then I suggest you talk to him. In your situation, I would be able to backdoor Roth and do Roth conversions, but you are not me. I can call him but are you saying if a 5606 (sic) was not filed each year. I cannot now do a backdoor Roth ?...
by livesoft
Wed Jul 18, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: 403B Coal Raking! Help!
Replies: 13
Views: 1006

Re: 403B Coal Raking! Help!

When making a stink, I would send clippings of newspaper articles documenting how other institutions of higher learning have been sued and lost.
by livesoft
Wed Jul 18, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: International Stocks in Taxable?
Replies: 14
Views: 918

Re: International Stocks in Taxable?

I have 100% of my international allocation in taxable. TurboTax claims the credit for me when I import my brokerage data. I am curious about the amount of your credit. It is rather simple if less than the $300/$600 amount for single/joint filers, but bogleheads.org has several posts about Form 1116...
by livesoft
Wed Jul 18, 2018 7:37 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 67
Views: 3933

Re: How do you handle the urge to DO something?

I go off the grid and backpack in the wilderness for days at a time. When I come back, I discover that nothing has happened.
by livesoft
Wed Jul 18, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: International Stocks in Taxable?
Replies: 14
Views: 918

Re: International Stocks in Taxable?

Just checked looks like I make about 5k/yr (dividends) on international in my taxable account At $5K dividends, then I suspect you would have paid less than $600 in foreign taxes, but you can check your 1099-DIV(s) and see what you did pay. And check your 2017 tax return to see that you did get a c...
by livesoft
Wed Jul 18, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Received IRS notice CP 2000 asking more tax. Need help.
Replies: 18
Views: 1549

Re: Received IRS notice CP 2000 asking more tax. Need help.

I can see that the IRS has programmed its algorithms so that any living expenses for a student of more than $15,000 a year would create a need for a special explanation and the easiest way to get that explanation is to send a CP2000 to the taxpayer. Probably only 3 tax returns nationally every year ...
by livesoft
Wed Jul 18, 2018 7:00 am
Forum: Investing - Help with Personal Investments
Topic: short-term treasuries for short-term savings?
Replies: 9
Views: 534

Re: short-term treasuries for short-term savings?

I did the experiment of buying short-term Treasuries, specifically a 3-month T-bill. There is nothing wrong with that, but it would be slightly more complicated than buying Vanguard Prime Money Market or a T-bill ETF. My point is that there is nothing magic about short-term Treasuries and there are ...
by livesoft
Wed Jul 18, 2018 6:54 am
Forum: Investing - Theory, News & General
Topic: Decrease International Growth Fund Admiral and buy Total International Stock Index Adm
Replies: 12
Views: 992

Re: Decrease International Growth Fund Admiral and buy Total International Stock Index Adm

Exactly. How do you know if you are being influenced by "confirmation bias"? Wouldn't you want to sell high, then buy low? OTOH, I haven't looked at how the other funds you mentioned have performed. I suppose that if you look at the combined performance of all of those international funds together ...