Search found 707 matches

by FactualFran
Mon Sep 17, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Wolters Kluwer announces 2019 Inflation Adj
Replies: 4
Views: 908

Re: Wolters Kluwer announces 2019 Inflation Adj

A limit that is frequently mentioned in Bogleheads forums but not in the article is the top of the 0% long-term capital gain bracket. For someone with a filing status of Single, the inflation adjusted value should be $39,350 (up from $38,600 for 2018).
by FactualFran
Fri Sep 14, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes on Cap Gain Distributions and Dividends in a self directed IRA. How to handle at age 65 ?
Replies: 6
Views: 229

Re: Cap Gain Distributions and Dividends in a self directed IRA. How are Taxes Handled at 65 ?

You do not have to worry about taxes on the distributions of investments held in a IRA. You do not have to worry about taxes until you take money from the IRA, ignoring extreme circumstances, such as contributing too much to an IRA.
by FactualFran
Thu Sep 13, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is this even possible ? Roth IRA to tIRA (not recharactarization)
Replies: 2
Views: 207

Re: Is this even possible ? Roth IRA to tIRA (not recharactarization)

According to the Rollover Chart document by the IRS, a rollover from a Roth IRA to a Traditional IRA is not allowed.
by FactualFran
Wed Sep 12, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Excess Removal and Recharacterization
Replies: 9
Views: 837

Re: Roth IRA Excess Removal and Recharacterization

2 questions: 1) If I were to re-characterize my $1K from Roth to TIRA, can i then backdoor it into Roth again? 2) If I removed the $1K excess contribution from Roth, write a check to contribute the $1K to TIRA, can i then backdoor that $1K into Roth? Money in a traditional IRA can be converted to a...
by FactualFran
Tue Sep 11, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: backdoor Roth conversion - is this is correct?
Replies: 12
Views: 935

Re: backdoor Roth conversion - is this is correct?

Please avoid using the term "backdoor Roth". There is no separate type of Roth IRA that is a "backdoor Roth". There is a multi-step procedure known as a "backdoor Roth contribution". Those whose income is too high to make a contribution to a Roth IRA may first contribute to a traditional IRA and the...
by FactualFran
Mon Sep 10, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Double check on wash sale (or not)
Replies: 9
Views: 336

Re: Double check on wash sale (or not)

As far as I know, there has been no ruling about what you propose doing as being a wash sale. There has been a ruling that if one sells for a loss in a taxable account and buy a substantially identical security within 30 days in an IRA, then there is a wash sale and the tax loss is disallowed. What ...
by FactualFran
Mon Sep 10, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Tax Letter - TIRA to 401k
Replies: 15
Views: 1252

Re: IRS Tax Letter - TIRA to 401k

Here is relevant quote for Exception 1 in the instruction for Lines 15a and 15b for Form, which others have metioned without a link Exception 1. Enter the total distribution on line 15a if you rolled over part or all of the distribution from one: Roth IRA to another Roth IRA, or IRA (other than a Ro...
by FactualFran
Thu Sep 06, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Savings Bonds Yield
Replies: 4
Views: 350

Re: Help with Savings Bonds Yield

Caution-I'm no math wizzard and can't get my head around I bond interest rates. I purchased some in 2010 with a rate of 2.78%. 5K bond now worth $5958. Last valuation shows yield of 2.11%. How does the computation work? I-Bonds that were purchased from Jan. to Apr. 2010 had a composite earnings rat...
by FactualFran
Thu Sep 06, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Excess Removal and Recharacterization
Replies: 9
Views: 837

Re: Roth IRA Excess Removal and Recharacterization

So I called Vanguard to ask about this. They said that their system just doesn't adjust. If I want, I could send them a check for the $1K contribution but on my online account, it will show 5.5K contribution and I cannot do the contribution online. Another possibility that you may want to ask Vangu...
by FactualFran
Wed Sep 05, 2018 3:11 pm
Forum: Forum Issues and Administration
Topic: Posts with HTML
Replies: 6
Views: 389

Re: Posts with HTML

I occasionally see posts with embedded HTML: <t>Hello,<br/> I've been reading Jack's books and this forum's discussions for long time, and I am grateful to all the things I learnt from you guys.<br/> <br/> https://www.bogleheads.org/forum/viewtopic.php?p=4104018 How does this come about? Are they u...
by FactualFran
Wed Sep 05, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Excess Removal and Recharacterization
Replies: 9
Views: 837

Re: Roth IRA Excess Removal and Recharacterization

I then submitted an excess contribution removal form to Vanguard to remove the $1K ROTH IRA contribution where it seems like I should have done a re characterization from roth IRA to Traditional IRA instead. What should I do now, effectively, I only contributed 4.5K to the traditional IRA for the y...
by FactualFran
Fri Aug 31, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: "Mutual Funds and Securities Lending"
Replies: 32
Views: 1619

Re: "Mutual Funds and Securities Lending"

UpsetRaptor wrote:
Fri Aug 31, 2018 5:02 pm
As long as the ER stays 0.
And as long as the total return is close enough to funds with a very similar investment objective.
by FactualFran
Fri Aug 31, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Taxable account cost basis. Specific ID, FIFO or average cost?
Replies: 18
Views: 1233

Re: Taxable account cost basis. Specific ID, FIFO or average cost?

not very arcane............right there at the beginning of the ST and LT sections of the 8949 https://www.irs.gov/pub/irs-pdf/f8949.pdf Likely, some find the relevant instructions for Form 8949 to be arcane. Form 8949 isn't required for certain transactions. You may be able to aggregate those trans...
by FactualFran
Thu Aug 30, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Taxable account cost basis. Specific ID, FIFO or average cost?
Replies: 18
Views: 1233

Re: Taxable account cost basis. Specific ID, FIFO or average cost?

What do you guys do for your taxable account cost basis; specific ID, First in First out or average cost and why? Is there a good place to read a discussion on each method and why one would chose one over the other, a pro/con explanation? I usually use average basis. I started investing in mutual f...
by FactualFran
Tue Aug 28, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Series EE Bonds: Extended Maturity Period Rates
Replies: 5
Views: 852

Re: Series EE Bonds: Extended Maturity Period Rates

Can someone direct me to a simple table showing the rates for extended maturity periods for EE bonds, 1988 through the mid 90s? Got about $15K in face value in my daughter's name and want to get rid of them (I mean bestow them on her). Just wondering which, if any, are worth keeping after their mat...
by FactualFran
Sat Aug 25, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: 100% in Tech index funds or ETFs?
Replies: 10
Views: 810

Re: 100% in Tech index funds or ETFs?

Here is a paragraph from the The Marriage of Information Technology and Investing: For Richer or Poorer? speech that John Bogle made in 2001. Finally, if you are concentrated in technology stocks today, don't stay the course. The broadest possible diversification is the best possible diversification...
by FactualFran
Fri Aug 17, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 89
Views: 5486

Re: physics/math major looking for programmer/analyst job?

Is your nephew more interested in doing "programmer/analyst" type work or "software engineer" type work? If the former, then he should concentrate on landing a job usually classified as an Information Technology (IT) position. If a nearby community college offers an IT associate degree, he should co...
by FactualFran
Mon Aug 13, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Request for distribution data of Vanguard REIT Index Fund
Replies: 10
Views: 973

Re: Request for distribution data of Vanguard REIT Index Fund

Believe OP is looking for the number that would show up as Box 3, Non-dividend Distributions, on a 1099-DIV. That's the return of capital that reduces the basis of a REIT. Not an issue if the REIT is held in tax-deferred account. The OP is not looking for the number that would show up on Box 3 on a...
by FactualFran
Mon Aug 13, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3912

Re: REITs - 20% Qualified Income Deduction

for another simple example, mutual funds pass through realized capital gains but not realized capitals losses to fund shareholders (except in the sense that they offset the gains) Mutual funds are able to "pass through" long-term capital gains the fund realizes as distributions that shareholders pa...
by FactualFran
Sat Aug 11, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Request for distribution data of Vanguard REIT Index Fund
Replies: 10
Views: 973

Re: Request for distribution data of Vanguard REIT Index Fund

The annual report's financial highlights shows the amount of return of capital, distributions from net investment income, realized capital gains etc per share for 2014, 2015, 2016, 2017 years (ending Jan 31). The annual reports have the sum for the year, to fewer digits than used by Vanguard with t...
by FactualFran
Sat Aug 11, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Request for distribution data of Vanguard REIT Index Fund
Replies: 10
Views: 973

Re: Request for distribution data of Vanguard REIT Index Fund

I don't know how accurate it is but Yahoo finance has dividend information in the historical data section. Look up the ticker symbol first, then click on historical data tab. You can change time period, show and frequency. Set show to dividends only. The main shortcoming of the distribution data at...
by FactualFran
Fri Aug 10, 2018 1:43 pm
Forum: Investing - Theory, News & General
Topic: Request for distribution data of Vanguard REIT Index Fund
Replies: 10
Views: 973

Re: Request for distribution data of Vanguard REIT Index Fund

pkcrafter wrote:
Thu Aug 09, 2018 10:22 pm
You will probably have to call Vanguard for this information.
Thanks, I may end up contacting Vanguard. I had hope that someone here had the five values and would be willing to share the data.
by FactualFran
Fri Aug 10, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 Total Return: 63 years of daily data
Replies: 14
Views: 8187

Re: S&P 500 Total Return: 63 years of daily data

As others have mentioned, the historical data at Yahoo for the symbol ^GSPC are the price index values, with the values in the Adj Close column not adjusted for dividends. The Adj Close column is adjusted for distributions with the historical data for mutual funds. Yahoo has daily S&P 500 Total Retu...
by FactualFran
Thu Aug 09, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Request for distribution data of Vanguard REIT Index Fund
Replies: 10
Views: 973

Request for distribution data of Vanguard REIT Index Fund

I would appreciate it if someone posted a reply with the per share amount of each of the five return of capital distributions made by the Vanguard REIT Index Fund Investor Shares (VGSIX) from June 2007 to June 2008.
by FactualFran
Fri Aug 03, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Capital gain, safe harbor rule, AMT: advice
Replies: 22
Views: 1081

Re: Capital gain, safe harbor rule, AMT: advice

It may be a good idea to step back from the details and provide an overview. The basis expectation of the IRS is that 90% of the income tax for a year is made by timely payments during the year. Timely means 1/4 of that amount is paid by the payment date for the first quarter, 2/4 of that amount is ...
by FactualFran
Fri Aug 03, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 6070

Re: Will dividend spending only portfolio last forever ?

And that’s my question. Do dividends get cut back to the point of dog food down from steak in normal recessions ? My understanding was they do not get cut back that much Using the Vanguard Balanced Index fund as a diversified portfolio (you previously mentioned using a diversified portfolio), someo...
by FactualFran
Thu Aug 02, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: figuring cost basis
Replies: 9
Views: 570

Re: figuring cost basis

Yes, $1,931.67 is the exact amount on the 1099-B. Thank you! That $168.33 difference brings it close to the $171.05 VBLIX diff on the spreadsheet. For the VGSLX $1,328.55 diff on my sheet I added up 1099's the Non Div Distributions and sec 1250 gains on past 1099's and they totaled $1,299.17, which...
by FactualFran
Wed Aug 01, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: figuring cost basis
Replies: 9
Views: 570

Re: figuring cost basis

I downloaded everything from "Cost Basis" and "Transaction history" in my accounts and they are reflected in my google sheets. The spreadsheet does not correctly account for how the sale transactions affect the cost basis. As I wrote in a previous reply: the cost basis is not necessarily the sum of...
by FactualFran
Wed Aug 01, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: figuring cost basis
Replies: 9
Views: 570

Re: figuring cost basis

rayge wrote:
Wed Aug 01, 2018 3:21 pm
Where can I find a record of the sales?
I would guess from the same source you used to get the transactions for the spreadsheet that you provided a link to in the opening post.
by FactualFran
Wed Aug 01, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: figuring cost basis
Replies: 9
Views: 570

Re: figuring cost basis

My assumption was that adding up original investment of $10,000 and the subsequent automatic reinvestments ("Value" column, dividends and ST/LT capital gains reinvested) would be my cost basis. For VTRIX and VSIAX that figure does equal Vanguard's cost basis, but it does not match Vanguard's cost b...
by FactualFran
Tue Jul 31, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: Service that reviews CCRC financials? [Continuing Care Retirement Community]
Replies: 12
Views: 1177

Re: Service that reviews CCRC financials? [Continuing Care Retirement Community]

This consumer guide by CARF contains useful information on how to evaluate financial performance of CCRCs. www.carf.org/FinancialPerformanceCCRCs/ As stated in the document (on page 13): CARF reviews the annual financial audit reports and evaluates margin/profitability ratios, liquidity ratios, and...
by FactualFran
Mon Jul 30, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3912

Re: REITs - 20% Qualified Income Deduction

Interesting. Substance over form. How is an individual REIT different from a REIT mutual fund? Hopefully this will be cleared up with additional guidance. An individual REIT is a REIT. A mutual fund that invests in REITs is not a REIT. Tax treatment that applies to a REIT does not apply to a non-RE...
by FactualFran
Thu Jul 26, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Form 8606 in Non-deductible IRA conversion to Roth IRA
Replies: 4
Views: 359

Re: Form 8606 in Non-deductible IRA conversion to Roth IRA

If you made non-deductible contribution to a traditional IRA for 2014-2016, then you need to file a Form 8606 for each year you made a non-deductible contribution. You may need to file a corrected Form 8606 for 2017. Line 2 of the form contains the amount of non-deductible contributions the IRA had ...
by FactualFran
Wed Jul 25, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3912

Re: REITs - 20% Qualified Income Deduction

A relevant part of the law is COMBINED QUALIFIED BUSINESS INCOME AMOUNT. —For purposes of this section— (1) IN GENERAL.—The term ‘combined qualified business income amount’ means, with respect to any taxable year, an amount equal to— (A) the sum of the amounts determined under paragraph (2) for each...
by FactualFran
Wed Jul 25, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Does "Modern Portfolio Theory" work in other countries?
Replies: 8
Views: 746

Re: Does "Modern Portfolio Theory" work in other countries?

The fundamental finding of Modern Portfolio Theory is the mathematics behind mean-variance analysis. Mathematics works the same in all countries.
by FactualFran
Tue Jul 24, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Help me understand TIPS.
Replies: 64
Views: 4549

Re: Help me understand TIPs.

Thanks. Since the "P" in "TIPS" stands for "protected," I think using the terms protection and guaranteed in an interchangeable manner is appropriate; since that's what protection means in this context (i.e. it means "guaranteed" to not lose purchasing power as measured by CPI). Earlier, they were,...
by FactualFran
Mon Jul 23, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: Confused about Treasury bills and notes
Replies: 11
Views: 1177

Re: Confused about Treasury bills and notes

Thanks; I was really referring to a brokerage account (VG) purchase. So, just to be clear, if I wanted, say $100,000 (face) of 2-year notes I would enter a quantity of 100? The answer is likely: yes, enter the number of $1,000 face value securities. Between the web pages where you enter the quantit...
by FactualFran
Mon Jul 23, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Confused about Treasury bills and notes
Replies: 11
Views: 1177

Re: Confused about Treasury bills and notes

Treasury direct states that a single T-Bill has a face value of $1,000. So a singe bill (1) is $1,000. Their web site seems to indicate that Notes are in increments of $100. Do I have that correct? In order to buy ~$100,000 of treasury notes I should indicate 1,000 in quantity? If you have it corre...
by FactualFran
Mon Jul 23, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 12682

Re: New Vanguard Security Code Requirement

TravelGeek wrote:
Sat Jul 21, 2018 2:56 pm
How old is that FAQ? Adobe acquired Macromedia in 2005 :shock:
I don't know how old it is. You should ask Vanguard.
by FactualFran
Sat Jul 21, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 12682

Re: New Vanguard Security Code Requirement

Does VG use cookies to see if you're coming from a different machine? Or do they use your external IP address? Will their app use 2FA? I haven't tried their app yet, but just curious. The app using 2FA seems useless considering most people using the app already have the phone (unless logging into t...
by FactualFran
Fri Jul 20, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Another avg cost vs. Spec ID decision
Replies: 13
Views: 950

Re: Another avg cost vs. Spec ID decision

Since I didn't really keep my own records and I do use DRIP, if I select Spec ID and sell only a portion of my VBTLX, my cost basis to the IRS would be the "total estimated proceeds" + "total estimated gain/loss" for the covered shares for shares selling at a loss. Does it sound right? "cost basis"...
by FactualFran
Wed Jul 18, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Duration of Sequence of Return risk for long retirements
Replies: 49
Views: 3888

Re: Duration of Sequence of Return risk for long retirements

That's why I said "around." A very slightly smaller rate than 3% would have boosted the 1999 balance back to the starting point after inflation. But I believe that having a global portfolio, at least with regard to stocks, would have enabled 3% to work for this purpose. The year-end inflation-adjus...
by FactualFran
Wed Jul 18, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Duration of Sequence of Return risk for long retirements
Replies: 49
Views: 3888

Re: Duration of Sequence of Return risk for long retirements

To the best of my knowledge, the perpetual withdrawal rate for a 50/50 global portfolio over long periods has been around 3% . If we accept for the purposes of discussion that 3% will be the perpetual withdrawal rate for a global, balanced portfolio going forward, then we can say that there is no s...
by FactualFran
Wed Jul 18, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3397

Re: Balanced Funds and Sequence of Return Risk

It is mathematically impossible to completely deplete a portfolio using the standard RMD rules because they only specify that a percentage of the portfolio be withdrawn, an increasing one over time as life expectancy declines. So unless you defined "failed" by something other than literally unning ...
by FactualFran
Mon Jul 16, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 3397

Re: Balanced Funds and Sequence of Return Risk

If you rebalance, then, there is no difference between the 3FP and the balanced fund. KlangFool With the 3FP, if stocks are down, you can w/d bonds. With the Balanced Index fund,for example, every w/d is 60% equities and 40% fixed income. You can't choose which asset class to withdraw from. 1210 Th...
by FactualFran
Fri Jul 13, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: Total returns
Replies: 20
Views: 1807

Re: Total returns

But now looking at my vtsax, the difference between the benchmark of 21.19% and 21.17% of vtsax's total return in 2017, is a difference of .02%, not the ER of .04%. Do you know why could be? https://investor.vanguard.com/mutual-funds/profile/performance/vtsax/cumulative-returns I would wager that m...
by FactualFran
Fri Jul 13, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bond Yielding 9%
Replies: 9
Views: 1299

Re: Treasury Bond Yielding 9%

When settling my father's estate a while back, one of his holdings caught my eye: a treasury bond paying 9%. It matured in 2020 I think...not sure when the inception date was. The most recently issued Treasury Bond with an interest rate of at least 9.00% was issued 11/22/1988 and matures 11/15/2018...
by FactualFran
Fri Jul 13, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: Total returns
Replies: 20
Views: 1807

Re: Total returns

Just to reinforce the fact that the reported total return is after expenses, if the only transactions for an account in Admiral shares of the fund were a purchase of $10,000 at the end of 2016 and reinvesting distributions, then the account balance at the end of 2017 would have been $12,755. The acc...
by FactualFran
Thu Jul 12, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: Total returns
Replies: 20
Views: 1807

Re: Total returns

https://investor.vanguard.com/mutual-funds/profile/performance/vgtsx/cumulative-returns https://investor.vanguard.com/mutual-funds/profile/performance/vtiax/cumulative-returns According to the links above, the benchmark returns were 21.41%. Expense ratios: .11% vtiax and .17% for vgtsx Returns: 27....