Search found 2148 matches

by indexfundfan
Thu Sep 20, 2018 8:38 am
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 57
Views: 7139

Re: Tax Reform - Revised Kiddie Tax

No, the capital gains that puts the total unearned income past $4700 should be taxed at the capital tax rate (15%) of the next bracket. $5200 - $4700 = $500 This is the same as the way standard tax brackets work. I really think you should wait until the relevant instructions are released in at leas...
by indexfundfan
Wed Sep 19, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1206
Views: 207139

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Today I found out Merrill Edge has a $25k limit on daily withdrawal of settled cash when performed online (okay... have to call), and also a $50k daily limit on transferred in cash being made available (what?). Caveat emptor. Are other brokers equally ridiculous in setting limits? I know I've never...
by indexfundfan
Sun Sep 16, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 94
Views: 15320

Re: 2017 Relative Tax Efficiency

It's interesting that after plugging in numbers for my own situation for 2017, Schwab funds have lower tax costs compared to Vanguard in all the asset classes that I have in the taxable account: LargeCap: SCHX is better than VV SmallCap: SCHA is better than IJR and VB Developed: SCHF is better than ...
by indexfundfan
Sun Sep 16, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 94
Views: 15320

Re: 2017 Relative Tax Efficiency

The "tax efficiency" calculation here is different from M*. Perhaps, it can be called tax drag ratio :-)
by indexfundfan
Sun Sep 16, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Best place for a small HSA
Replies: 8
Views: 635

Re: Best place for a small HSA

At Saturna, the inactivity fee is only $12.50/yr if you hold mutual funds. That's still quite a bit cheaper than Lively. You can also reinvest your dividends for free with mutual funds, whereas stocks cost $1 to reinvest dividends. Since you can buy Admiral class funds anyways, not sure why you'd w...
by indexfundfan
Sun Sep 16, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 94
Views: 15320

Re: 2017 Relative Tax Efficiency

Thanks for collecting the data. Question: Doesn't the number in the "tax efficiency" row of the spreadsheet reflect the yearly "tax cost" of holding the fund? This got me confused because normally the higher the number for efficiency, the more desirable it is. In this case, it is the opposite -- the...
by indexfundfan
Sat Sep 15, 2018 6:53 am
Forum: Personal Consumer Issues
Topic: PSA: Cross country relocation expenses
Replies: 13
Views: 1212

Re: PSA: Cross country relocation expenses

We moved out of SF bay area to Georgia last year. The cost to move the household items was about $5000. We did most of the packing ourselves. Upack trailer (21' used) $3700 Upack storage $400 Loading labor + furniture wrapping $600 Unloading labor $300 My family took a two-week road trip to drive ac...
by indexfundfan
Fri Sep 14, 2018 6:10 am
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Growth ETF's
Replies: 4
Views: 334

Re: Tax Efficient Growth ETF's

My new employer does not offer a 401(k). So after maxing out my ROTH IRA I need to invest in a non qualified brokerage account. I am looking for ETF's that offer good growth but low yields to avoid taxes. Any suggestions? You could buy "growth" funds with low dividends in the taxable account, balan...
by indexfundfan
Thu Sep 13, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for a small HSA
Replies: 8
Views: 635

Re: Best place for a small HSA

You can save the money with Lively. There are no fees for a basic HSA (interest bearing) account. When you ready to invest, add the investing option for $2.50 a month. This links to TDAM which gives you access to commission-free ETFs. https://livelyme.com/pricing/ Here's the original thread on Livel...
by indexfundfan
Thu Sep 13, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1206
Views: 207139

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Did Schwab give you the bonus? I'm asking them to match at the $1000 level for a rollover. Schwab matched the best bonuses we could find. Schwab is good at matching. What's Schwab's holding period, or do they use whatever offer they are matching? IIRC, the holding period was a year.
by indexfundfan
Thu Sep 13, 2018 8:18 am
Forum: Investing - Theory, News & General
Topic: Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders
Replies: 15
Views: 4575

Re: Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders

I have been getting price improvements from Schwab and Vanguard. I guess you won't be getting these at Robinhood. Not true. You can (and will) still get price improvement at Robinhood. They aren't any different from Schwab who also receives payments for order flow (Fidelity and Vanguard do not). Th...
by indexfundfan
Wed Sep 12, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1284

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

indexfundfan The list provided by mhalley has pretty good links to some insights with regard to that. https://www.etf.com/channels/emerging-markets-etfs Yes, you are right. IEMG is the only one of those 4 that counts South Korea. I'm not sure if that's an argue for or against it but thank you for p...
by indexfundfan
Wed Sep 12, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1284

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

If I recall correctly, IEMG is a little different from the other three in that it includes South Korea.

South Korea is now included in most developed ex-US markets.
by indexfundfan
Wed Sep 12, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Short-term Treasury vs. Limited-Term Tax-Exempt
Replies: 10
Views: 1228

Re: Short-term Treasury vs. Limited-Term Tax-Exempt

The only thing you're overlooking is this: VMLUX declares daily and distributes monthly, so there is no impairment of exemption on the dividends when selling short-held shares for loss. A related point is that VSBSX's dividend is declared and distributed monthly. So if you buy near to the end of th...
by indexfundfan
Tue Sep 11, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 5
Views: 1257

Re: "Find out if your fund is declaring a dividend this month"

Longdog wrote:
Tue Sep 11, 2018 7:27 pm
For ETFs, I've observed that the ex-dividend date is two business days after the declaration date.
Thanks. That's good to know.
by indexfundfan
Tue Sep 11, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 1912

Re: Fine tuning income around the ACA cliff

For us, we have the two conflicting priorities of staying under the ACA cliff, and doing Roth conversions. Make that three. It is important to remember that the amount of the subsidy is calculated based on your income and the maximum amount you pay is based on a percentage of your income. Income le...
by indexfundfan
Mon Sep 10, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 5
Views: 1257

Re: "Find out if your fund is declaring a dividend this month"

The article posted the "declaration date". A more useful date is the "ex-div" date.

Or is Vanguard's "declaration date" the "ex-div" date for ETFs?
by indexfundfan
Tue Aug 28, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7064

Re: 2-Year Treasury Note Auction

Nate79 wrote:
Tue Aug 28, 2018 10:01 am
What is the risk of say holding 2 year treasury note and then needing to sell at any time until 2 years?
Can we assume at least the principle amount invested will not decrease?
There is no such guarantee. If rates have gone up since you bought the bond, you could be selling at a loss.
by indexfundfan
Tue Aug 28, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7064

Re: 2-Year Treasury Note Auction

Some quotes for 912828WC0 as of 8/28/18 11am ET.

Fidelity
Image

Schwab
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Vanguard
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by indexfundfan
Tue Aug 28, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7064

Re: 2-Year Treasury Note Auction

ofckrupke wrote:
Mon Aug 27, 2018 2:12 pm
long term they gain by keeping me happy so my little not-quite-periodic UST buying program and portfolio don't wander off to Fidelity or Vanguard or even Merrill Edge.
Good observation. One of the reasons for me to keep the taxable account open at Schwab.
by indexfundfan
Mon Aug 27, 2018 11:47 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7064

Re: 2-Year Treasury Note Auction

It's my experience that Schwab's quotes are generally at least equal to those at Vanguard or Fidelity.

But if you wait a bit, a better quote (with a lower minimum quantity) will pop up on Schwab.
by indexfundfan
Sun Aug 26, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7064

Re: 2-Year Treasury Note Auction

smectym wrote:
Sun Aug 26, 2018 7:29 am
Excellent and informative thread. However: what have we learned? I just buy the 2 year on Treasury Direct. Is that naive approach disadvantageous?

Smectym
What you can't do on Treasury Direct is to sell on the open market (if you need the money before maturity).
by indexfundfan
Sat Aug 25, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7064

Re: 2-Year Treasury Note Auction

For those of you who have bought treasury bills through vanguard, can you answer the following question. I have only a few hundred dollars in my settlement account, but sufficient funds in my prime money market acct to purchase an order for treasury bills that i submitted. do i need to transfer fun...
by indexfundfan
Sat Aug 25, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 84
Views: 7064

Re: 2-Year Treasury Note Auction

I was in the same situation as Kevin -- buying at auction and possibly selling in the secondary market. So I also looked at the secondary market bids. I found the bids on Schwab much better than those on Vanguard (I have active brokerage accounts at Schwab and Vanguard). Consequently, I bought my tr...
by indexfundfan
Thu Aug 09, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1206
Views: 207139

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I just spoke with a rep from Merrill Edge. He said the maximum anyone can get is $2,500 (unless it's over $5 million) per account owner across all accounts. Is that right? Anyone gotten more? You mean $2500 on a lifetime basis ? Or $2500 for a single transfer ? Definitely not lifetime. I think that...
by indexfundfan
Thu Aug 09, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Best 529 plan for California, for self
Replies: 5
Views: 394

Re: Best 529 plan for California, for self

For a Californian who wants a 529 plan for himself, to cover some education costs in retirement to keep the mind active, what would be the best 529 plan? There are no tax benefits in California so everything can be considered. The California plan itself doesn't seem too bad - for an individual inde...
by indexfundfan
Mon Aug 06, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: From TD Ameritrade to ...
Replies: 19
Views: 1557

Re: From TD Ameritrade to ...

At the start of the year I moved a portion of funds from 2 of our 5 accounts at Scottrade to Merrill Edge, to test the waters. We were very unhappy with the customer service interface at ME, and essentially gave up on having the accounts set up the way we had been told they would be from the start....
by indexfundfan
Sun Aug 05, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Earn 1.5% on your checking account without the usual hoops (at Fidelity)
Replies: 64
Views: 7094

Re: Earn 1.5% on your checking account without the usual hoops (at Fidelity)

You can get a little bit more yield using SPRXX instead of SPAXX (1.85% vs. 1.57%). Or even using FZDXX 1.97% ($100k to start, $10k to maintain). All of these options require you to manually purchase the fund in the CMA (but will be automatically liquidated as necessary to meet debits).
by indexfundfan
Fri Aug 03, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Good biotech funds
Replies: 22
Views: 1739

Re: Good biotech funds

I have an allocation in biotech ETFs since 2014. These funds are a lot more volatile than total market funds. The reasons why I hold them are o Extremely low dividend yield of just around 0.25%. Plus the dividends are "qualified income". These funds are good for minimizing income since the returns a...
by indexfundfan
Thu Aug 02, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1206
Views: 207139

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

My impression from previous posts on bogleheads was that Vanguard would reimburse a fee from another firm for transferring an account/holding to VG. My flagship rep just told me that VG does not generally reimburse fees (even though I am VG Flagship). Is that really so ? I am actually trying to tra...
by indexfundfan
Thu Aug 02, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22415

Re: Vanguard to offer non-Vanguard ETFs commission-free

I don't understand why they wouldn't just give a specific date. In the end its just a minor quibble, but this is bad customer service. As anybody who works in a corporation knows, "August" means August 1 to product management and to technology is means August 31st--of next year. :D +1 I'm assuming ...
by indexfundfan
Wed Aug 01, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22415

Re: Vanguard to offer non-Vanguard ETFs commission-free

The CNBC article says it's starting today but I tried to sell some ishares bond ETFs that I transferred to Vanguard from one of the robo funds and it's showing the standard $7 fee. Here's that CNBC article https://www.cnbc.com/2018/08/01/vanguard-group-begins-key-experiment-in-the-new-era-of-free-i...
by indexfundfan
Wed Aug 01, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22415

Re: Vanguard to offer non-Vanguard ETFs commission-free

And it's August! Any guesses on exactly when " Coming in August " means? Coming in August: The largest commission-free ETF lineup offered to investors That’s why, this August, the vast majority of ETFs (nearly 1,800) will be available to you commission-free—the largest lineup offered to investors. ...
by indexfundfan
Sun Jul 15, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 51
Views: 4773

Re: 1-year Treasury Bill auction

This is interesting: Vanguard -> Fidelity CMA : arrives T+1 Vanguard -> Ally : arrives T+2 Is T+1 for other funds (e.g. Prime MMF) as well? Yes, T+1 for VG Prime MM -> Fidelity CMA, for example. This is for an old-platform mutual fund account, so there is no settlement fund. Checking a recent examp...
by indexfundfan
Sun Jul 15, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: 1-year Treasury Bill auction
Replies: 51
Views: 4773

Re: 1-year Treasury Bill auction

To move money from Vanguard to Fidelity, I sell shares of a fund (typically money market), specifying the Fidelity CMA as the destination bank account. The cash always arrives at the Fidelity CMA the next business day, and then I transfer it into my settlement fund. Transfers between the CMA and th...
by indexfundfan
Tue Jun 19, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Northern Bank Direct MM - 2.26% APY (offer ended 6/20/18)
Replies: 22
Views: 3106

Re: Northern Bank Direct MM - 2.26% APY

Interestingly, NBD is stopping the promotional rate of 2.26% for new accounts starting from 9am on Wed 6/20. Just saw this on their homepage.
by indexfundfan
Fri Jun 15, 2018 7:21 am
Forum: Investing - Theory, News & General
Topic: Schwab's Securities Lending Fully Paid (SLFP) program
Replies: 15
Views: 1195

Re: Schwab's Securities Lending Fully Paid (SLFP) program

Is this program available for tax-deferred accounts? I don't believe it is mentioned in the provided documents.
by indexfundfan
Thu Jun 14, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity CMA + MMF vs. online credit union
Replies: 24
Views: 1834

Re: Fidelity CMA + MMF vs. online credit union

indexfundfan wrote:
Thu May 17, 2018 11:28 am
arf30, how long is the hold when you submit an ACH pull using the Fidelity website?
Answer my own question: if you submit your ACH pull on day T, the money is credited on T+1 and available on T+5.
by indexfundfan
Mon Jun 11, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Anyone use Bluehost for web hosting?
Replies: 12
Views: 806

Re: Anyone use Bluehost for web hosting?

I have a small website running wordpress and I use Namecheap which offers automated wordpress installation. Hosting cost is less than $25 a year.
by indexfundfan
Mon Jun 11, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 47
Views: 9985

Re: Best options for cash in Schwab brokerage accounts?

I just wrote a feedback to Schwab asking them to consider adding money market funds as sweep vehicles, in particular pointing out that both Fidelity and Vanguard have this capability. Did Schwab ever respond to your feedback? Normally they try hard to remain competitive with Vanguard and Fidelity. ...
by indexfundfan
Wed Jun 06, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Redemption Speed - Vanguard Federal Money Market
Replies: 7
Views: 739

Re: Redemption Speed - Vanguard Federal Money Market

I did the following ACH experiments last year.

Push from VG settlement MMF: T+1
Push from VG non-settlement MMF (e.g. Prime MMF): T+2
by indexfundfan
Wed May 30, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity MM Fund Q's
Replies: 19
Views: 2217

Re: Fidelity MM Fund Q's

Alan, I don't know where you're getting your figures, but you're wrong. Vanguard Fed MM fund (VMFXX) yield is 1.70%, so higher than Fidelity SPAXX at 1.39%. So as usual, Vanguard MM funds have higher yields than comparable Fidelity MM funds. However, a difference at Fidelity is that they consider o...
by indexfundfan
Tue May 29, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Anyone try to buy brokered CDs today?
Replies: 7
Views: 918

Re: Anyone try to buy brokered CDs today?

ChinchillaWhiplash wrote:
Tue May 29, 2018 4:54 pm
Just checked and now there are many to choose from. Must have been a system glitch or something earlier. Thanks for the updates everyone.
Must be some technical issue because earlier today, I also noticed there were no bids/asks for the treasury notes I was holding.
by indexfundfan
Tue May 29, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity MM Fund Q's
Replies: 19
Views: 2217

Re: Fidelity MM Fund Q's

The premium versions require an initial purchase of $100,000.
by indexfundfan
Mon May 28, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: GFCI trips when toaster oven turned on
Replies: 33
Views: 2105

Re: GFCI trips when toast oven turned on

How do you know for certain the outlet is not downstream from the GFCI? Have you tested it with a receptacle tester?
by indexfundfan
Sun May 27, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]
Replies: 11
Views: 2596

Re: FZDXX- 1.81%. Security?

wintermute wrote:
Sun May 27, 2018 12:24 pm
+1 on buying Tbills at auction, but GABXX is also an option. It's useful if you can't trade bonds or buy Vanguard's VUSXX treasury MM fund (like at Wellstrade). Current 7-day for GABXX is 1.69%, ER is 0.08%, vs 1.74% and 0.09% for VUSXX.
Where can you buy GABXX?
by indexfundfan
Sun May 27, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: FZDXX- 1.81%. Security? [Fidelity Treasury Money Market]
Replies: 11
Views: 2596

Re: FZDXX- 1.81%. Security?

Here is the minimum balance requirement in the prospectus Fidelity may deduct a small balance maintenance fee of $12.00 from a fund balance with a value of less than $2,000 in shares. It is expected that fund balances will be valued after November 1 but prior to December 31 of each calendar year. Fu...
by indexfundfan
Wed May 23, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1206
Views: 207139

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Thanks, sounds good. I am meeting someone at a local branch tomorrow, I emailed for an appointment and included in there that I wanted them to match Ameritrade. When the rep called, he said he'd look into the match in the meantime. Schwab is good at matching. I had an IRA and taxable account matche...