Search found 60698 matches

by livesoft
Sun Jun 24, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: Low Bond Duration
Replies: 10
Views: 589

Re: Low Bond Duration

You know if you want to try your hand at market timing with bond durations, then I say go ahead. But before you do, write down what you are going to do, how you are going to decide whether what you do is better than what you were doing, and how you are going to decide when to stop market timing, too...
by livesoft
Sun Jun 24, 2018 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting your number---Now What?
Replies: 16
Views: 1861

Re: Hitting your number---Now What?

I just changed my number after hitting my number and carried on.
by livesoft
Sun Jun 24, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Convert Windsor II to Primecap in Roth IRA?
Replies: 6
Views: 411

Re: Convert Windsor II to Primecap in Roth IRA?

Sure go ahead if it gives you Peace of Mind.
by livesoft
Sun Jun 24, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: paid financial advisors
Replies: 5
Views: 548

Re: paid financial advisors

Check out a service that finds such advisors. Here is one such service that I have not used:
viewtopic.php?p=3697106#p3697106
by livesoft
Sun Jun 24, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Best book to read before buying a house?
Replies: 6
Views: 479

Re: Best book to read before buying a house?

This will help you when searching for a home to buy:
viewtopic.php?p=3868292#p3868292
by livesoft
Sun Jun 24, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation Done Correctly?
Replies: 13
Views: 688

Re: Social Security Calculation Done Correctly?

If you want the maximum possible SS benefit that is paid, just google "maximum possible SS benefit that is paid"
by livesoft
Sun Jun 24, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Mobile deposit of Rollover Check
Replies: 7
Views: 494

Re: Mobile deposit of Rollover Check

Why not call Schwab and have Schwab mail to you some post-paid envelopes? You will still be depositing checks remotely since your mailbox is located remotely from Schwab's mailbox.
by livesoft
Sun Jun 24, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes confuse me!
Replies: 14
Views: 856

Re: Taxes confuse me!

Thank you for the correction! I can't believe I didn't know that. Always figured it was the same holding period as long term capital gains. I don't know why I would expect the tax code to make intuitive sense. Do you see that the 61 days can include days both before and after the day the dividend w...
by livesoft
Sun Jun 24, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: dividends
Replies: 6
Views: 484

Re: dividends

Dividends can be taxed at ordinary income tax rates or at the qualified dividend income tax rate. One has to know how to make sure that dividends that start out as qualified dividends do not get turned into non-qualified dividends by one's actions because non-qualified dividends get taxed at ordinar...
by livesoft
Sun Jun 24, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes confuse me!
Replies: 14
Views: 856

Re: Taxes confuse me!

Dividends go one Line 9a of Form 1040. The number flows to the sum on Line 22. You know the dividend amount from your statements and from the 1099-DIV that your financial institution sends you. They should match. Careful though when foreign tax is taken out. There are always questions about that on ...
by livesoft
Sun Jun 24, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes confuse me!
Replies: 14
Views: 856

Re: Taxes confuse me!

Dividends are qualified (taxed at capital gains rate) for shares held over a year. Careful, because while that is exactly true, it is also incomplete because qualified dividends are qualified to the recipient if the shares that generated the dividends were held at least 61 days including the day th...
by livesoft
Sun Jun 24, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation Done Correctly?
Replies: 13
Views: 688

Re: Social Security Calculation Done Correctly?

Don't forget that SSA.gov has a calculator that you can use as well.
by livesoft
Sun Jun 24, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes confuse me!
Replies: 14
Views: 856

Re: Taxes confuse me!

Let me ask you this: Have you ever looked at your tax return, you know, Form 1040? And read every line of that simple 2-page form?

Once I have your answer, then I can probably give a better response.
by livesoft
Sun Jun 24, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 40
Views: 2909

Re: So much angst

... As to tax efficiency of bonds, yes, conventional wisdom is to have it in your tax advantaged accounts. But WCI goes through how that isn't really the case when you compare tax-adjusted returns. You want your highest tax-adjusted returns in the tax-advantaged accounts. In the end, it depends on ...
by livesoft
Sun Jun 24, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: So much angst
Replies: 40
Views: 2909

Re: So much angst

Aren't you worried that the Target Retirement funds will underperform and create more taxes for you? Maybe you will also run out of money?
by livesoft
Sun Jun 24, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay college tuition from a 529?
Replies: 42
Views: 3599

Re: How to pay college tuition from a 529?

check payable to account owner (me) -- after reading inputs on this thread, it sounds like that can create an issue with IRS, and I have sometimes had banks place a "hold" on deposits I've had checks issued to me for 8 years of college for two different kids. I deposit the check in my checking acco...
by livesoft
Sun Jun 24, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: some rethinking on taxable and retirement accounts with 2018 tax law
Replies: 8
Views: 944

Re: some rethinking on taxable and retirement accounts with 2018 tax law

There is practically no way to avoid getting dividends in a taxable account that is invested tax-efficiently in passively-managed index funds. For instance Vanguard Large-cap Index fund pays 100% qualified dividends at about a 1.9% yield and Vanguard Developed Markets Index pays about 75% qualified ...
by livesoft
Sun Jun 24, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Car for my grand daughter
Replies: 13
Views: 837

Re: Car for my grand daughter

Just remember that bargain car may cause her to be stranded in some place that is not safe. Save up a little more and get her a more reliable less worn-out car or tell her she'll just have to wait a little bit longer that you don't want to put her safety at risk. Here are my thoughts on that: 1. Ro...
by livesoft
Sun Jun 24, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account setup
Replies: 6
Views: 536

Re: Taxable account setup

And I'd invest in equities the renovation money needed in 2 years.
by livesoft
Sun Jun 24, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Car for my grand daughter
Replies: 13
Views: 837

Re: Car for my grand daughter

If you can find one at the right time - a low mileage, well cared for much older car from someone you know is often the best. That's correct --- like a car from grandma or grandpa. ;) We are going to give my son a 2006 Ford Freestyle. This POS is probably worth about $10 now, but should last him a ...
by livesoft
Sun Jun 24, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 44
Views: 2224

Re: car for long-distance driving

I have driven in the snow lots. I wonder if the OP would even need to drive in the snow. It reads like there is some flexibility in the timing of these road trips, so if that is the case, one could choose not to drive in the snow or when heavy snow is forecasted.
by livesoft
Sun Jun 24, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account setup
Replies: 6
Views: 536

Re: Taxable account setup

Your income is so high that I expect all this is an after thought. How much extra money will you save when your 4-year-old starts school? I personally don't think investing in Money Market, CDs, Treasuries is going to be helpful. If you invest in equities and they drop, they won't drop enough to mak...
by livesoft
Sun Jun 24, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: To sell or not sell individual stocks
Replies: 6
Views: 483

Re: To sell or not sell individual stocks

I'd donate them to charity, maybe through my Donor-Advised Fund. I'd get a tax break for that.
by livesoft
Sun Jun 24, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Canadian Universities [Dual US / Canadian citizen]
Replies: 27
Views: 984

Re: Thoughts on Canadian Universities

I have many Canadian friends who went to grad school in the US and on to great jobs. They got undergrad degrees (in no particular order) at UBC, UToronto, SimonFraser, McGill, McMaster, Dalhousie, .... And even though they are working in the US, they all would not hesitate to send their kids to a Ca...
by livesoft
Sun Jun 24, 2018 6:59 am
Forum: Personal Consumer Issues
Topic: Car for my grand daughter
Replies: 13
Views: 837

Re: Car for my grand daughter

Is your granddaughter age 16 or age 66?

Does she drive to school or to church or to canasta?

Maybe she is hinting that she wants to buy one of your cars for $2,000?
by livesoft
Sun Jun 24, 2018 6:51 am
Forum: Investing - Theory, News & General
Topic: Factor Investing Makes Someone Money, But Maybe Not You
Replies: 108
Views: 6315

Re: Factor Investing Makes Someone Money, But Maybe Not You

As a way of trying to replicate Robert's returns, I plugged the example DFA and RAFI portfolios from his collected thoughts thread into portfolio visualizer, along with a comparable Vanguard portfolio. You can see the results for yourself [...] One needs to be aware that Portfolio Visualizer only u...
by livesoft
Sat Jun 23, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Sell individual stock, or index fund
Replies: 12
Views: 873

Re: Sell individual stock, or index fund

Sell the individual stock.
by livesoft
Sat Jun 23, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 21
Views: 2161

Re: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]

yousha wrote:
Sat Jun 23, 2018 6:05 pm
Where am I going wrong.
Two ways you are going wrong:

1. Past performance is not indicative of future results.

2. Taxes.
by livesoft
Sat Jun 23, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: 529 tax question
Replies: 14
Views: 930

Re: 529 tax question

Don't forget that maybe the limit increases above $15K next year and in subsequent years.
by livesoft
Sat Jun 23, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 83
Views: 4871

Re: When did you start flying business class?

High 6-figures is more than $666,000 a year to me, so with only $12K monthly expenses, I'd say go for first class. I've only flown business class when a friend upgraded me with miles of his that were going to expire or if I got a rare free upgrade. To be clear: I've never paid for business class nor...
by livesoft
Sat Jun 23, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Timing! [When to withdraw from a traditional IRA]
Replies: 8
Views: 928

Re: Timing!

Thanks David and others. I did not know about the bond dividend (and we are indeed talking about VBTLX) accruing daily and not dropping in NAV when it pays the dividends. That was the core of my question. Makes it much easier for those of us who are actually spending those hard-earned IRAs. But as ...
by livesoft
Sat Jun 23, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 33
Views: 4192

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

gerntz wrote:
Sat Jun 23, 2018 3:35 pm
The op has 1 total post on the forum.
I think the OP is following the advice that I gave in this thread. :)
by livesoft
Sat Jun 23, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: “Buying the Dividend”
Replies: 17
Views: 1727

Re: “Buying the Dividend”

What are you talking about? The basis of my X shares bought before the dividend remains unchanged. The Y shares I bought after the dividend have a different basis. Perhaps you are confusing what "basis" actually means? Here's an example: I buy 100 shares at $10 a share one week before a big dividend...
by livesoft
Sat Jun 23, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2540

Re: Taxes from dividends getting high.. how to handle?

This idea that getting a refund from the IRS is bad is just bunk. Consider two cases: 1. You don't get a refund, but invest the money instead. And your investments lose money. In that case, getting a refund would have helped prevent you from losing money. 2. Tax prep software companies give you a 10...
by livesoft
Sat Jun 23, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 963

Re: My first attempt at TLH

Another question... Will the loss show on my year end tax statement? Or do I need to keep track of my numbers? I realize these are probably really rookie questions, but my taxable account is comparatively small and a lot of this is new to me. It ought to show up on the 1099-B that you get, but you ...
by livesoft
Sat Jun 23, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 51
Views: 6094

Re: FAFSA EFC number shock! [Expected Family Contribution]

Bryan Caplan (George Mason economist) makes some great points about some of this in his Case Against Education - he looks at marginal utility and suggests that engineering is a really bad idea if you think there's any possibility of wanting to have a social life during those 3-4 years. He suggests ...
by livesoft
Sat Jun 23, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 44
Views: 2224

Re: car for long-distance driving

Might be cheaper to rent a car with unlimited mileage for such trips.
by livesoft
Sat Jun 23, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 21
Views: 2161

Re: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]

The Wellington (VWELX Investor Shares) fund has out performed the Balanced Index (VBINX Investor Shares) fund since 2000. Annual performance data follows. [date from 2017 and before] You conveniently left off the YTD performances of these funds which show that past performance does not indicate fut...
by livesoft
Sat Jun 23, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about adding international
Replies: 8
Views: 579

Re: Thinking about adding international

If you are going to equate wisdom with better performance, then there is no way to know if adding international to your portfolio is wise.

If you are going to ignore performance and equate wisdom with more diversification, then adding international to your portfolio would be wise.
by livesoft
Sat Jun 23, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: What am I overlooking?
Replies: 16
Views: 1295

Re: What am I overlooking?

Are you taking advantage of all your possible tax benefits for retirement and education?
See IRS Publications 970 and 590A. Reading and understanding these publications helped save us more than $10,000 a year when our kids were in college.
by livesoft
Sat Jun 23, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Fixing My Cost Basis [on inherited stocks]
Replies: 13
Views: 713

Re: Fixing My Cost Basis [on inherited stocks]

https://ttlc.intuit.com/questions/4267997-where-should-i-enter-the-acquisition-date-and-basis-of-inherited-stock-on-turbotax-deluxe-for-mac-download-vanguard-s-1099-b-leaves-these-items-blank has good answers Note that "Date Acquired" is "INHERITED" if you read and follow the IRS instructions which ...
by livesoft
Sat Jun 23, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: (VTI) Dividend Reinvestment in the ETF
Replies: 5
Views: 549

Re: (VTI) Dividend Reinvestment in the ETF

As noted by @vineviz, It depends on the brokerage, but most of them will buy fractional shares with the dividend. The differences that happen are mostly WHEN they use the dividend money to buy the new shares for you. And the WHEN will change the price paid for the new shares. For Vanguard, the WHEN ...
by livesoft
Sat Jun 23, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 963

Re: My first attempt at TLH

I agree, doing a MF to MF exchange keeps you "in the market" with no parking time / lag in the settlement fund as compared to switching between MF and ETF share classes when using the Vanguard brokerage. One of the reasons I prefer trying to stay all one share class. I want to squash this myth abou...
by livesoft
Fri Jun 22, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2540

Re: Taxes from dividends getting high.. how to handle?

Not much that one can do if they want to keep those investments. Don't reinvest the dividends back into investments that pay high dividends. Choose investments that pay a higher percentage of qualified dividends and virtually no non-qualified dividends. Examples: Choose VEA instead VXUS. Choose VV i...
by livesoft
Fri Jun 22, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
Replies: 39
Views: 3282

Re: Why won't Vanguard drop VTI & VOO expense to 0.03?

They don't have to drop it because they are giving you better return from securities lending which costs a little bit of money. :twisted:

So would you rather have an expense ratio of 0.03% and no extra return, or an expense ratio of 0.04% and 0.1% extra return?
by livesoft
Fri Jun 22, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Fixing drip irrigation line
Replies: 13
Views: 839

Re: Fixing drip irrigation line

^I doubt "boiling" is the required temperature. Maybe 150 deg F? I don't know. One can experiment safely ... or consult YouTube. :)
by livesoft
Fri Jun 22, 2018 5:05 pm
Forum: Personal Consumer Issues
Topic: Fixing drip irrigation line
Replies: 13
Views: 839

Re: Fixing drip irrigation line

Instead of a torch to heat the plastic, I just boiled a pot of water then took the pot of water outside and soaked the hose ends for a minute to soften up the plastic before pushing on to a barbed coupler.
by livesoft
Fri Jun 22, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 963

Re: My first attempt at TLH

Housedoc wrote:
Fri Jun 22, 2018 4:53 pm
See if there is an ETF equivalent for the fund you sold. I think you can buy it now. No wait period as it is "different ".
VXUS is the ETF share class of VTIAX. I would not buy it now myself as replacement shares for VTIAX.
by livesoft
Fri Jun 22, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Dallas Trip
Replies: 14
Views: 813

Re: Dallas Trip

Uh-oh, then the Dallas area will overwhelm you. Sorry about that.
by livesoft
Fri Jun 22, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: My first attempt at TLH
Replies: 14
Views: 963

Re: My first attempt at TLH

Yes, you can buy VFWAX all you want, when you want.