Search found 2875 matches

by travellight
Fri Mar 24, 2023 2:51 pm
Forum: Personal Investments
Topic: taxable and tax deferred accounts
Replies: 12
Views: 1190

Re: taxable and tax deferred accounts

I have a good amount of my taxable account money in Berkshire Hathaway, BRKB. I like that there are no dividends or earnings.
by travellight
Sat Mar 18, 2023 12:09 pm
Forum: Personal Investments
Topic: Real Estate Investments
Replies: 18
Views: 3075

Re: Real Estate Investments

With picking the right properties and location and doing as much as possible yourself, there are tremendous gains to be had. I have invested in residential real estate, single-family homes and manage them myself long distance. It’s not a tremendous amount of work. I do my own taxes and bookkeeping. I hire specialists to fix things that are outside of my capabilities. If you want tremendous gains, and yet be very hands off, this wouldn’t be the right pathway. I’m very much a DIY person so it suits me well.
by travellight
Thu Sep 22, 2022 11:48 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

I usually stop there just to get their spicy lentil soup. It will be a treat for me to have a full dinner there.
by travellight
Thu Sep 22, 2022 11:47 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

I want to have a full dinner but we can request separate checks, unless we are going to share everything.
by travellight
Thu Sep 22, 2022 10:37 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

I requested a reservation at Gurkhas just to secure a place for us with no waiting but can adjust based on feedback today.
by travellight
Thu Sep 22, 2022 10:27 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

Baek to hyang isn’t open today. I will check on the others.
by travellight
Thu Sep 22, 2022 10:22 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

Sounds great, Matt! I think somewhere with interesting food would be great to enjoy with our conversation. I have a few suggestions but am open to other preferences: 1) Gurkhas for Indian food near 215 and 3300 south 2) Baek ri hyang on State st near 3300 south, Korean 3) Little Saigon, near 2100 south and 900 east. Little Saigon is the most casual of the three and least expensive. You order at the counter and get your table and they bring the food to you. All three should have plenty of capacity to seat us, especially the first two which are larger establishments. There’s also Jinya Ramen somewhere near Murray and a little south. I think there are just three of us coming tonight. If anyone has dietary restrictions and needs a different typ...
by travellight
Thu Sep 22, 2022 9:10 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

What part of salt lake are you coming from robert?
by travellight
Mon Sep 19, 2022 7:24 pm
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

Prior suggestion of topics:

Social kickoff - simply get to know one another
Investing 101 - perhaps make this a bring a friend event so we can help others learn about Boglehead principles.
Tools for managing investments, budgeting, etc.
Retirement planning
Index investing
Factor investing
Bond Investing 101
Alternative investments (Real Estate, Crypto, P2P lending, etc.)
Teaching the next generation to invest
Tax smart investing
FIRE
Rebalancing strategies
Drawdown strategies
Asset protection
Non-investing personal finance (Debt paydown, budgeting, making housing decisions, etc.)

Tax strategies
Estate planning
Real estate
by travellight
Mon Sep 19, 2022 7:17 pm
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

I will try to make it. I am coming from Park city.
by travellight
Sat Sep 10, 2022 9:46 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

That’s great that both of you are available! Let’s see how many others can join us and where everyone is located and we can try to figure out a central location for most people.
by travellight
Thu Aug 25, 2022 11:21 pm
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

Am still interested… can we aim for between 9/22-9/25? I am traveling otherwise.
by travellight
Sun May 29, 2022 9:15 pm
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

Oh yikes! I hope people are staying safe so you won’t be too busy. Hope to catch you guys another time then.
by travellight
Thu May 26, 2022 9:19 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?

Is anyone interested in getting together this weekend? Maybe meet for coffee somewhere central slc?
by travellight
Thu Oct 28, 2021 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Struggling with spouse SAH vs. different job/career decision
Replies: 72
Views: 8941

Re: Struggling with spouse SAH vs. different job/career decision

OP, you didn’t say whether or not your wife still has debt from medical school or if you live in a high cost area. If you do, these things with tend to lean towards working or at least working part time. As others have mentioned, working for an HMO or a company, she wouldn’t have to worry about the day-to-day business of a private practice. I’m always surprised when one spouse stays at home, if the other spouse has a high-pressure job. I couldn’t imagine watching my spouse go to work while I stayed at home. Even if the stay at home spouse worked part time, this could offset the cost of retirement. I work full-time, teach part time, and do all the meal prep, cleaning, and yard work. Even with one child, I never thought of the things that ne...
by travellight
Sun Jul 04, 2021 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 4273
Views: 1072493

Re: Share your net worth progression

Using this new metric, I am at 107x spending (doesn't include my pension which I estimate at 3-4 million). Still working full time. Like many others, I made huge gains in the past year, especially in real estate.
by travellight
Sun Jul 04, 2021 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 4273
Views: 1072493

Re: Share your net worth progression

Using this new metric, I am at 107x spending (doesn't include my pension which I estimate at 3-4 million). Still working full time. Like many others, I made huge gains in the past year, especially in real estate.
by travellight
Thu Mar 11, 2021 4:03 pm
Forum: Investing - Theory, News & General
Topic: State taxes and out of state rental property
Replies: 28
Views: 8936

Re: State taxes and out of state rental property

Thanks for the follow up, WCI! Did you end up filing in Virginia in 2014, paying turbotax $45 in order to pay VA $18? Just wondering if you paid in order to track the losses and avoid audit risk?
by travellight
Thu Mar 11, 2021 1:34 pm
Forum: Investing - Theory, News & General
Topic: State taxes and out of state rental property
Replies: 28
Views: 8936

Re: State taxes and out of state rental property

Do I really have to fill out a non-resident state income tax return if I have a rental property in another state? Partly you're filing the VA tax return to prove to VA that you don't owe them tax... and this is often an important protective step... (I''ve seen CA go after a client because he skipped a nonresident return with about $12 of income on it... And I've had a client or two from VA get into similar arguments with state revenue agents.) furthermore, even if you don't owe any tax and want to skip paying Intuit, you may practically speaking need to do the return to correctly accumulate the passive suspended losses for the VA property. I don't want to be snarky or rude, but it may be that investing in out of state real estate or out of...
by travellight
Sun Mar 07, 2021 1:34 am
Forum: Personal Consumer Issues
Topic: Cosmetic / Plastic surgery - advice please
Replies: 28
Views: 5358

Re: Cosmetic / Plastic surgery - advice please

I've also been researching myself of course, and I've been looking at the Board Certification of some of the doctors in our area. Some are certified by the American Board of COSMETIC Surgery and some are certified by the American Board of PLASTIC Surgery. But both appear to do facial type cosmetic surgeries (among other types of surgeries). The COSMETIC Board website implies that we should only be looking at THEIR doctors because in order to be a Board certified cosmetic surgeon he/she has to have more cosmetic experience while plastic surgeons do cosmetics and reconstruction, which isn't the same. So if we find a doctor that is certified by the Plastic Surgery Board vs. the Cosmetic Surgery Board should we ignore surgeons that aren't cert...
by travellight
Fri Feb 12, 2021 3:27 pm
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City Bogleheads

Why don't we set a date and whoever can attend can do so? I will plan for the last Saturday this month, at 11 am. Location TBD but likely in Central SLC. Just write on this thread if you can attend.
by travellight
Sun Nov 01, 2020 9:43 pm
Forum: Personal Consumer Issues
Topic: removed
Replies: 136
Views: 10761

Re: Heat - What do you set your temps to in Winter?

Heat 58, cool 72 overnight
by travellight
Fri Oct 30, 2020 10:58 pm
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City Bogleheads

Great, thanks! We can meet in a central location, maybe even a park or do it by Zoom.
by travellight
Fri Oct 30, 2020 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Typical cleaning expenses after rental lease?
Replies: 36
Views: 4040

Re: Typical cleaning expenses after rental lease?

They should absolutely provide a proper itemization of charges. I am a landlord and they really sound out of line. It's always my hope to be able to refund the entire deposit as it means the transaction was seamless. I hate having to withhold deposit and at times when the damages exceeded the deposit, I have not pursued it. I always have pictures that I share that clearly show the damages. Good luck and let us know the outcome.
by travellight
Thu Oct 15, 2020 11:31 pm
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City Bogleheads

Let's just set something up in a couple of weeks and see if people see this thread. How about Sunday, 11/1/20 @ 11 am? Looks like people from Ogden to Draper so maybe meet in Sugarhouse area?
by travellight
Wed Sep 30, 2020 9:21 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City Bogleheads

I am up for meeting.
by travellight
Thu Jul 02, 2020 2:36 am
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 163
Views: 24156

Re: Landlords: How are you doing this year?

Also lucky all rents have been paid. I discovered that one of the rents wasn’t paid a month ago due to the tenants bank screwing up. Late fees are a few hundred dollars. Tenant was upset about the late fees but I think their bank should pay for failure to deliver on their bill pay service... so far bank refuses.
by travellight
Fri Jun 19, 2020 11:05 am
Forum: US Chapters
Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Replies: 123
Views: 39847

Re: Salt Lake City Bogleheads

I would love to attend a meeting. Best dates for me are the end of June: June 27th or 28th or 29th would be best. If others are interested, I can coordinate if no one else can.
by travellight
Sun May 17, 2020 10:29 pm
Forum: Personal Investments
Topic: Do you Max for 401k then go for mega backdoor or both concurrently?
Replies: 14
Views: 1416

Re: Do you Max for 401k then go for mega backdoor or both concurrently?

I max my 401k and back door Roth IRA Asap and then I do the mega back door Roth IRA. Pretty much the first quarter is spent doing all of this.
by travellight
Wed May 13, 2020 11:14 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 4525
Views: 617517

Re: What frugal thing did you do today?

I changed a solenoid which was a new experience for me.

I also changed a ceiling fan light switch.

I bought a bunch of 4" pop up sprinklers at 2/3rds off normal price.

I have been doing my own pool maintenance with backwashing etc.

To offset all these DIY projects, I have spent over 2k at Costco just consuming.
by travellight
Wed May 13, 2020 11:06 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066937

Re: What Movie Have You Recently Watched?

bowtie wrote: Mon Apr 27, 2020 11:24 pm Prime Video :happy - "It's A Beautiful Day in the Neighborhood" with Tom Hanks. Wasn't expecting to like it and thought it excellent. Hanks is great as is Matthew Rhys. Really impressed with the film. (Totally unfamiliar with Rogers prior to seeing the documentary of him from the year before).
I loved this as well. It's so amazing that you were totally unfamiliar with Mr. Rogers prior to the films... a new generation.
by travellight
Wed May 13, 2020 11:02 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066937

Re: What Movie Have You Recently Watched?

LadyGeek wrote: Sun May 03, 2020 11:32 am The Death of Stalin, on Netflix. Dark comedy, indeed. The only thing I could think of was "Dr. Strangelove". It was worth watching.
I thoroughly enjoyed this as well. It embodied "dark comedy". Really enjoyed the Nikita Khrushchev character.
by travellight
Sat Apr 04, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066937

Re: What Movie Have You Recently Watched?

It's the clever one. I am a fan.
by travellight
Sat Apr 04, 2020 1:12 pm
Forum: Personal Consumer Issues
Topic: What are you doing for haircuts due to coronavirus shutdown?
Replies: 258
Views: 27208

Re: What are you doing for haircuts due to coronavirus shutdown?

I am a woman and have been cutting my own hair for about 20 years now. My hair is very long so it is easy. I get compliments on it all the time and I love all the money I have saved.
by travellight
Sat Apr 04, 2020 1:05 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066937

Re: What Movie Have You Recently Watched?

I really enjoyed watching the spy with Sacha Baron-Cohen on Netflix. This is different from London spy which I have not watched yet.
by travellight
Mon Mar 30, 2020 2:18 pm
Forum: Personal Investments
Topic: sell-all and wash sale rule question
Replies: 39
Views: 4015

Re: sell-all and wash sale rule question

Thanks so much, iceport.^
by travellight
Mon Mar 30, 2020 12:34 pm
Forum: Personal Investments
Topic: sell-all and wash sale rule question
Replies: 39
Views: 4015

Re: sell-all and wash sale rule question

Just a question for clarification of details:

I bought vbr on 3/5 in one bank's account and again around 3/10/20 in a different bank's account (all taxable accounts, not 401k/IRA). I sold all the vbr in the second account which had been purchased on 3/10/20. I have not bought any more vbr but forgot about the buy on 3/5/20 in the first account. I sold all of that today. Will I get the tax loss harvest for both sales without incurring the wash sale rule since I never bought any more replacement shares even though I had bought within the prior 30 days? Even if I didn't sell all in one day in all accounts? I am just not sure if the "sell all" has to be in all accounts on the same day. Thanks.
by travellight
Tue Mar 24, 2020 2:52 pm
Forum: Personal Investments
Topic: Hoping for help on first tax loss harvesting scenario
Replies: 13
Views: 959

Re: Hoping for help on first tax loss harvesting scenario

Monsterflockster wrote: Tue Mar 24, 2020 2:43 pm Just remember you’re not getting out of paying taxes, you’re reducing taxes now to pay more later...
I thought that you are getting out of paying taxes on capital gains that you would've without the offset of the loss?

Of course, the hope is that the replacement choices grow tremendously and create gains that you will be taxed on in the future but I thought tax loss harvesting was a net positive and gain by reducing Taxes on gains you would have had to pay if you did not make this lane change.
by travellight
Tue Mar 24, 2020 2:45 pm
Forum: Personal Investments
Topic: sell-all and wash sale rule question
Replies: 39
Views: 4015

Re: sell-all and wash sale rule question

Note that if you bought shares in the last 30 days, the brokerage may report an irrelevant wash sale, because it views the transaction as two transactions: Last year, you bought 100 shares at $25. Last week, you bought 100 shares at $30. At 10:00:00.000000 today, you sell last year's shares for $20, and your $500 capital loss is a wash sale; the $500 is added to the basis of last week's shares. At 10:00:00.000001 today, you sell last week's shares for $20, and you have a capital loss of $1500 on those shares. What if you sell all your shares in one transaction? Both last year and last week's shares? That is my example above. If you try to sell all shares in one transaction, the brokerage might report it as two transactions because it views...
by travellight
Tue Mar 24, 2020 12:29 am
Forum: Personal Investments
Topic: sell-all and wash sale rule question
Replies: 39
Views: 4015

Re: sell-all and wash sale rule question

Note that if you bought shares in the last 30 days, the brokerage may report an irrelevant wash sale, because it views the transaction as two transactions: Last year, you bought 100 shares at $25. Last week, you bought 100 shares at $30. At 10:00:00.000000 today, you sell last year's shares for $20, and your $500 capital loss is a wash sale; the $500 is added to the basis of last week's shares. At 10:00:00.000001 today, you sell last week's shares for $20, and you have a capital loss of $1500 on those shares. So the recent purchase is an allowed TLH but the purchase last year is not allowed for TLH? Even if you have sold all shares everywhere? A wash sale occurs if you sell for a capital loss and you have replacement shares purchased 30 da...
by travellight
Tue Mar 24, 2020 12:10 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 11037
Views: 2066937

Re: What Movie Have You Recently Watched?

"The Lehman Trilogy" Directed by Sam Mendes and Ben Power. This is a movie that was filmed of a play live on stage in London and is now being shown in smaller theaters by National Theatre Live. "How do you tell an epic story with just three actors and a piano?" I have seen this film twice. It is riveting. You've never seen anything like it. Only three extraordinary actors play all the parts, in the same costumes, in the same setting, with few props and backdrops, with only a piano accompaniment - they tell the Lehman Brothers story spanning 160 years, from its beginning in Montgomery, Alabama, to its bankruptcy in the 2008 recession. It's acting and story-telling at its best. Here is the link to National Theatre Live &q...
by travellight
Sun Mar 22, 2020 3:16 pm
Forum: Personal Investments
Topic: Wash sale rule question
Replies: 16
Views: 875

Re: Wash sale rule question

What if you held the stock or ETF in two different banks? Do you have to sell all of it at the same time in all accounts or can you still tax loss harvest if you sell on different days but ultimately liquidate and sell all holdings of that particular stock or ETF, even if you had bought some recently within the prior 30 days?
by travellight
Sun Mar 22, 2020 2:59 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 379
Views: 48433

Re: It's Not Different This Time

... Stay the course. We don't know how deep this bear will go. We don't know when it will end. But we do know two things: # 1 It will end. # 2 Those who continue to follow their reasonable written plan will be glad they did so on the other side of it while those who panicked and sold low will regret their actions. Good luck investing. Stay healthy. Many forum participants seem to misunderstand what is meant by "It's not different this time," because they immediately respond with something like "but it is different this time, because never before have we had [fill in the compelling narrative] " In a bear market, there is always a compelling narrative about how "this time it's different." That's why it is used b...
by travellight
Thu Mar 19, 2020 10:04 pm
Forum: Personal Investments
Topic: sell-all and wash sale rule question
Replies: 39
Views: 4015

Re: sell-all and wash sale rule question

grabiner wrote: Thu Mar 19, 2020 9:16 pm Note that if you bought shares in the last 30 days, the brokerage may report an irrelevant wash sale, because it views the transaction as two transactions:

Last year, you bought 100 shares at $25.
Last week, you bought 100 shares at $30.
At 10:00:00.000000 today, you sell last year's shares for $20, and your $500 capital loss is a wash sale; the $500 is added to the basis of last week's shares.
At 10:00:00.000001 today, you sell last week's shares for $20, and you have a capital loss of $1500 on those shares.
So the recent purchase is an allowed TLH but the purchase last year is not allowed for TLH? Even if you have sold all shares everywhere?
by travellight
Thu Mar 19, 2020 3:11 pm
Forum: Personal Investments
Topic: Is there any reason to NOT tax loss harvest?
Replies: 26
Views: 1993

Re: Is there any reason to NOT tax loss harvest?

Also looking for clarification here, if I bought a stock within the past 30 days and decide to sell all holdings of that stock going back two years, is the wash sale problem only applicable to the recent portion that was bought within 30 days? Do I still get the benefit of tax loss harvesting for the purchases made prior to the 30 days? Thanks in advance.
by travellight
Thu Mar 19, 2020 1:22 am
Forum: Personal Investments
Topic: I am 16, Bogleheads help me be rich one day
Replies: 114
Views: 10117

Re: I am 16, Bogleheads help me be rich one day

I think you are off to a great start already. In general, maximize your Roth IRA and I would be aggressive in my asset allocation. I think I was 100% equities until the age of 40 because it was money I didn’t need and I had time to recover.

Invest in your education or whatever it takes to maximize your income... I consider it the get rich slow pathway. I find it to be less volatile and more bankable.
by travellight
Thu Mar 19, 2020 1:13 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 162
Views: 20053

Re: 2020 COVID Crash Lessons

Some things you kind of have to experience to fully appreciate and learn. I'm not a fan of knee-jerk reactions, but I'm seeing a few things that are changing my thoughts on a few things and will likely lead to some small changes down the road. 1) Asset Allocation I'm actually ok with my retirement accounts - they are getting absolutely destroyed right now, but I have decades until I'm going to touch them, so I can feel bad about it but not worry too much. Like some other people, however, I've split my emergency fund up into tiers. Several months of cash, several months of bonds, several months of stocks. This felt like a reasonable compromise between keeping up with inflation and keeping the money fairly stable/liquid. As I've watched a lo...
by travellight
Thu Mar 19, 2020 1:04 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 162
Views: 20053

Re: 2020 COVID Crash Lessons

bluquark wrote: Thu Mar 19, 2020 12:56 am
travellight wrote: Thu Mar 19, 2020 12:53 am
palanzo wrote: Wed Mar 18, 2020 11:54 pm
You should be using VLGSX up 8.08% YTD. :D
Why is this so high? What is the downside to this holding?
Long-term treasuries have gone up because they're a haven in terms of credit risk and because they go up when interest rate expectations drop. The downside is that they could someday crash if interest rate expectations rise instead of dropping.
Thanks!
by travellight
Thu Mar 19, 2020 12:53 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 162
Views: 20053

Re: 2020 COVID Crash Lessons

I still don’t understand this, or how to assess it when selecting bond funds. Any help would be appreciated. The gold-standard (no pun intended) for liquidity in fixed income (and probably any asset class) in the world is U.S. Treasuries. Everything else gets measured by that standard. Municipal bonds have much 'thinner' markets. For the most part, they're only appealing to a fairly narrow segment of the population. As a result, if a significant number of muni bond holders want to sell, there may not be enough buyers to go around, and the result is prices drop. Consequently, year-to-date, Vanguard's VWITX has lost 2.84%, while the Treasury counterpart VFIUX is up 3.83%. As SimpleGift pointed out, fixed income holders should keep in mind th...
by travellight
Thu Mar 12, 2020 11:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4653338

Re: U.S. stocks in free fall

I sold my small caps in taxable to tax loss harvest and will buy back over time. Didn’t sell anything in 401k or Roth’s.