Search found 6724 matches

by rkhusky
Tue May 21, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

I think this statement “In any case, you should adjust the bracket thresholds for inflation, which historically has averaged about 3% per year.” is not necessary as comparisons should be done on real dollars to avoid this complication. It’s under the heading ‘Marginal tax rate in retirement’. P.S: ...
by rkhusky
Tue May 21, 2019 4:53 pm
Forum: Personal Investments
Topic: Federal Gov't Early Retirement?
Replies: 52
Views: 4484

Re: Federal Gov't Early Retirement?

Also, there is no inflation adjustment to the FERS pension until you reach age 62. On the other hand, there is the FERS Supplement from age 56 - 62 that partially compensates the lack of inflation adjustment. Note also that if you retire in the year that you turn 55 or later, you can withdraw from T...
by rkhusky
Tue May 21, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: TSP modernization implementation date: 9/15/2019
Replies: 24
Views: 2741

Re: TSP modernization implementation date: 9/15/2019

I'm guessing that the modernization will not include changing the I Fund to total world? No, but it will change to Total International. Whoops. That's what I meant I is changing to Total International. Are you sure this change is taking place as well on 9/15/2019? Seems like I saw some posts that t...
by rkhusky
Tue May 21, 2019 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Can a cashiers check be made out to cash?
Replies: 18
Views: 1197

Re: Can a cashiers check be made out to cash?

Gill wrote:
Tue May 21, 2019 8:42 am
rkhusky wrote:
Tue May 21, 2019 8:41 am
Cash. And/or meet at a bank.
No, that's not very workable in this situation. See my post above.
Gill
Bring real cash. Not a check. $10k is not that much these days.
by rkhusky
Tue May 21, 2019 8:44 am
Forum: Investing - Theory, News & General
Topic: TSP modernization implementation date: 9/15/2019
Replies: 24
Views: 2741

Re: TSP modernization implementation date: 9/15/2019

JuniorRob wrote:
Tue May 21, 2019 8:34 am
I'm guessing that the modernization will not include changing the I Fund to total world?
No, but it will change to Total International.
by rkhusky
Tue May 21, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Can a cashiers check be made out to cash?
Replies: 18
Views: 1197

Re: Can a cashiers check be made out to cash?

Cash. And/or meet at a bank.
by rkhusky
Tue May 21, 2019 6:32 am
Forum: Personal Investments
Topic: TSP Partial Rollover to Vanguard IRA
Replies: 7
Views: 668

Re: TSP Partial Rollover to Vanguard IRA

It took about 2 weeks to get my form back from Vanguard, but I sent it to them via regular mail (https://www.bogleheads.org/forum/viewtopic.php?t=266033#p4258570). Note that Vanguard used a special "account number" on my form, so that they could link the deposit from the TSP directly to the rollover...
by rkhusky
Tue May 21, 2019 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Confused on marginal savings rate

"Cumulative" does have the connotation that one is "adding on," and that is what one has to do when passing through an unfavorable tax region to reach the favorable region. For that reason it would get my vote over "incremental" but a rose by any other name.... Cumulative to me means "area under th...
by rkhusky
Mon May 20, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

As long as one is not using "average tax rate" in isolation, it should be reasonably clear what is meant by "the average tax rate for the $6K Roth IRA contribution" or the "average tax rate for the $20K 401k withdrawal". If that confuses someone, they might also think that a cumulative tax rate span...
by rkhusky
Mon May 20, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

"Tax rate" without the use of "Marginal" would be appropriate, but the ability to separate that from "Marginal tax rate" in the article's text is a challenge. "Tax Rate (not marginal)" would be somewhat cumbersome. I suggest average tax rate, just like one uses average slope if the delta's are larg...
by rkhusky
Mon May 20, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

I don't want to re-read everything from three years ago, but I'd qualify what I said then (that's been quoted), by saying that there could be more than one marginal rate involved in the traditional vs. Roth IRA decision. I think I might have mentioned this already, but you might split your annual c...
by rkhusky
Mon May 20, 2019 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

We have already agreed that $1 increments are too small to calculate marginal tax rate. $1 is the appropriate amount for the base definition of marginal rate, since that is the term used in "last dollar" or "next dollar" of income. And then one doesn't need to determine what the delta in income sho...
by rkhusky
Mon May 20, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

Are there any examples in which using (change in tax)/(change in income) leads to an incorrect choice for that change in income? If so, let's discuss. If not, let's put this to bed and go back to the consensus reached three years ago. I disagree that that is the deciding factor. The wiki should use...
by rkhusky
Mon May 20, 2019 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

My only point is that there's also a "cost" associated with deviating from standard terminology, and that has to be balanced against the pedagogical value of what you're proposing. And, as noted previously, the wiki is not supposed to engage in original research. And creating new definitions for ex...
by rkhusky
Sun May 19, 2019 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting and Wash Sale Advice
Replies: 3
Views: 374

Re: Tax Loss Harvesting and Wash Sale Advice

Have you looked at VLCAX? Or VIMAX? Having the same funds in taxable and tax-advantaged doesn't preclude TLH. You just have to be careful. See https://www.bogleheads.org/forum/viewtopic.php?f=1&t=264203#p4226175 for arguments for including 403b accounts in wash sales. See the prior post for the oppo...
by rkhusky
Sat May 18, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

In Traditional versus Roth - Bogleheads , it says The main reason to prefer one type of account over the other is the comparison of marginal tax rates. If your marginal tax rate now is higher than your estimated marginal tax rate at retirement Thus we need an operative definition of "marginal tax r...
by rkhusky
Sat May 18, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

Marginal Tax Rate is the percent increase (decrease) in tax liability due to adding (subtracting) $1 of income, i.e. it is the tax rate on the "next" ("last") dollar of income. It is customary to ignore changes in the marginal rate that are due to rounding, tax tables, and other periodic step funct...
by rkhusky
Sat May 18, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

How about this: A taxpayer's marginal tax rate is the amount by which tax liability increases due to a small increase in income, expressed as the percentage of the income increase by which the tax liability increases. For example, if earning an additional $20 per year would increase your tax liabil...
by rkhusky
Fri May 17, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles
Replies: 388
Views: 15410

Re: Seeking comment on proposed revisions to Marginal Tax Rate and Traditional v. Roth wiki articles

Put me down for voting for "marginal" to refer to small additions (<$1000, but preferably <$100) to income and "average" to refer to large additions (>$1000 or when crossing discrete tax boundaries). Note that Wikipedia articles are not meant to be original research, but are instead supposed to have...
by rkhusky
Thu May 16, 2019 8:51 pm
Forum: Investing - Theory, News & General
Topic: Argument against Target Fund
Replies: 32
Views: 2561

Re: Argument against Target Fund

TR2040 should be close to 50/50 in 2039. If both US and Int'l stocks drop by 50%, TR2040 would drop by 25%.
by rkhusky
Thu May 16, 2019 6:38 am
Forum: Personal Investments
Topic: Tilting very slightly towards small & mid caps. Is this a good idea?
Replies: 36
Views: 2955

Re: Tilting very slightly towards small & mid caps. Is this a good idea?

pdavi21 wrote:
Wed May 15, 2019 11:33 pm
PS: Many small funds are actually primarily mid...check Morningstar.
Especially since Morningstar redefined mid and small at the beginning of last year. In 2017, Morningstar had Vanguard's Small Cap Index at 40-45% mid-cap. In 2018, it jumped to 60-65% mid-cap, according to Morningstar.
by rkhusky
Thu May 16, 2019 6:32 am
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 8434

Re: Did you buy the 600+ dip last week ?

I anticipated falling below my rebalance limit and moved some money from bonds to stocks on Monday.
by rkhusky
Wed May 15, 2019 7:19 am
Forum: Personal Investments
Topic: Quick question on Roth IRA and taxable accounts
Replies: 4
Views: 500

Re: Quick question on Roth IRA and taxable accounts

Hi all, I've been a set-and-forget guy for such a long time, that I have literally forgotten the rules :D I want to exchange my Total Market and International holdings for a Target Date fund. Called Vanguard, but the kid on the line was not very convincing, so here goes -- 1. If I sell VTSAX to buy...
by rkhusky
Tue May 14, 2019 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6329

Re: I accidentally retired, and need tax advice

What is your total portfolio value? What are your yearly expenses? If you are in the 12% tax bracket, long term cap gains and qualified stock dividends are taxed at 0%. Bond dividends, short term cap gains, and non-qualified stock dividends are taxed at 12%. Maximize the former and minimize the latt...
by rkhusky
Tue May 14, 2019 5:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Long Term Bond Index to charge 0.50% fee on purchases
Replies: 65
Views: 6259

Re: Vanguard Long Term Bond Index to charge 0.50% fee on purchases

Other funds have purchase fees, e.g. Int Corp Bond, which don't have anything to do with ETF's. Vanguard uses the fees to reduce frequent buying and selling of the fund and to compensate long term holders when frequent buying/selling occurs.
by rkhusky
Tue May 14, 2019 12:03 pm
Forum: Investing - Theory, News & General
Topic: Nobody knows nothing and AA
Replies: 19
Views: 2239

Re: Nobody knows nothing and AA

I do think we can have a good idea of what will happen in the short term. Probably within the next few months at least. Beyond that would probably just be speculation. We do have a good idea of where bonds will go for the next year based on interest rates though. Seems like some results can be impr...
by rkhusky
Tue May 14, 2019 11:56 am
Forum: Personal Investments
Topic: 31 Years Old, Sold Company for 3MM. Want to retire. How to allocate in taxable?
Replies: 19
Views: 3120

Re: 31 Years Old, Sold Company for 3MM. Want to retire. How to allocate in taxable?

At 3.5%, anything from 30/70 - 100/0 would probably work (50/50 - 60/40 might be the sweet spot). If all you are doing is withdrawing about $100K/yr ($3M after tax?), you are likely in a low tax bracket. A combination of VTSAX, VTIAX and VBTLX is the classic 3-fund portfolio. Rebalance by withdrawin...
by rkhusky
Tue May 14, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: Nobody knows nothing and AA
Replies: 19
Views: 2239

Re: Nobody knows nothing and AA

I do think we can have a good idea of what will happen in the short term. Probably within the next few months at least. Beyond that would probably just be speculation. We do have a good idea of where bonds will go for the next year based on interest rates though. Seems like some results can be impr...
by rkhusky
Tue May 14, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: Firecalc is telling me to be [aggressive]: 85/15. Should I trust the advice?
Replies: 39
Views: 4760

Re: Firecalc is telling me to be [aggressive]: 85/15. Should I trust the advice?

One problem with modeling the stock market is that the statistics change over time - it is non-stationary. Another problem is that there is some structure to the market, it is not completely random. There are correlations over time, which change over time. Those things can be hard to model correctly...
by rkhusky
Mon May 13, 2019 1:34 pm
Forum: Personal Investments
Topic: Vanguard Target Retirement Funds - Investor vs Admiral Shares
Replies: 21
Views: 2315

Re: Vanguard Target Retirement Funds - Investor vs Admiral Shares

Isn't that like saying there is no benefit to the Admiral funds? The makeup of the Admiral funds is identical to the Investor funds. So, why pay more for the exact same thing? The TR funds handle all rebalancing and glide path adjustments for you. All you need to do is contribute. You don't need lo...
by rkhusky
Mon May 13, 2019 1:28 pm
Forum: Investing - Theory, News & General
Topic: Firecalc is telling me to be [aggressive]: 85/15. Should I trust the advice?
Replies: 39
Views: 4760

Re: Firecalc is telling me to be [aggressive]: 85/15. Should I trust the advice?

Firecalc uses historical data , Vanguard is Monte Carlo. I tried reading about it. So Monte Carlo uses a model right? So then my question would be why does Vanguard's model predict better outcomes of bonds? Most sources I've read predict expect returns on bonds. Impossible to know without the detai...
by rkhusky
Mon May 13, 2019 6:44 am
Forum: Personal Investments
Topic: Vanguard Target Retirement Funds - Investor vs Admiral Shares
Replies: 21
Views: 2315

Re: Vanguard Target Retirement Funds - Investor vs Admiral Shares

Which TR fund has an ER of 0.17%? The ones I've checked range from 0.12% - 0.15%. The difference from the individual funds is very small. You just need to decide if the benefits of the TR funds are worth the small cost difference.
by rkhusky
Sun May 12, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: California tax question — state request for 2017 taxes, despite no CA earnings
Replies: 5
Views: 846

Re: California tax question — state request for 2017 taxes, despite no CA earnings

If the phone call doesn’t work, just fill out the tax return. If you weren’t in, or didn’t plan to move to, CA, then I would be tempted to blow it off.
by rkhusky
Sun May 12, 2019 6:50 am
Forum: Investing - Theory, News & General
Topic: Value investing got too popular for its own good?
Replies: 14
Views: 1659

Re: Value investing got too popular for its own good?

columbia wrote:
Sun May 12, 2019 6:42 am
47 years....but, also not sure if you’re serious. :D
Looks like the technique gives 0.4%/yr over the last 30 years, 0.3%/yr over the last 20 years, and 0.15%/yr over the last 10 years.

And the results only change a little if you rebalance monthly.
by rkhusky
Sun May 12, 2019 6:40 am
Forum: Investing - Theory, News & General
Topic: Value investing got too popular for its own good?
Replies: 14
Views: 1659

Re: Value investing got too popular for its own good?

Since 1972, splitting your allocation between value and growth and rebalancing annually has juiced returns by about 0.50%. https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=2&timePeriod=4&startYear=1972&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAm...
by rkhusky
Sat May 11, 2019 8:13 pm
Forum: Personal Consumer Issues
Topic: Preventing motion sickness in children
Replies: 6
Views: 530

Re: Preventing motion sickness in children

Cola helps for me. Cola syrup is fine, but carbonation may also play a part.
by rkhusky
Sat May 11, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: Best way to kill poison ivy
Replies: 43
Views: 2291

Re: Best way to kill poison ivy

So it makes intuitive sense that it would take a long time to manifest and be involved in haemopoietic disorders. Intuitive sense doesn’t cut it. You have to do experiments to confirm your conjectures - double-blind is best. Cuts it for me. Not a researcher, pathologist or medical professional and ...
by rkhusky
Sat May 11, 2019 7:25 pm
Forum: Personal Investments
Topic: Moving a lump of cash into Stocks/Bonds over time or all at once
Replies: 14
Views: 1313

Re: Moving a lump of cash into Stocks/Bonds over time or all at once

If you believe the market will be going up on average over the next 10 to 20 years, then you should invest all at once. If you don't think that will happen, you should probably not invest in the stock market. DCA is strictly for those who cannot lump sum and would stay in cash rather than doing so.
by rkhusky
Sat May 11, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: Best way to kill poison ivy
Replies: 43
Views: 2291

Re: Best way to kill poison ivy

Tribonian wrote:
Sat May 11, 2019 2:31 pm
So it makes intuitive sense that it would take a long time to manifest and be involved in haemopoietic disorders.
Intuitive sense doesn’t cut it. You have to do experiments to confirm your conjectures - double-blind is best.
by rkhusky
Sat May 11, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Cfiresim.com not fully working at the moment?
Replies: 14
Views: 990

Re: Cfiresim.com not fully working at the moment?

Basically I want to know if I should go 70/30 or 80/20 etc. No tool will tell you that - there is too much variance in possible future outcomes. CFireSim/FireCalc will tell you what worked in the past. Based on that, you can get a rough feeling for how different allocations/withdrawal rates did in ...
by rkhusky
Sat May 11, 2019 7:48 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3085

Re: Why I bet on S&P500

alexfoo39 wrote:
Sat May 11, 2019 5:44 am
S&P500 is wholly large-cap.
S&P 500 has about 10% classified as mid-cap by Morningstar, compared to 17% midcap and 6% small for Total Stock Market (US).
by rkhusky
Fri May 10, 2019 2:56 pm
Forum: Personal Investments
Topic: Brokerages with no-transaction fees for Vanguard funds
Replies: 31
Views: 2136

Re: Brokerages with no-transaction fees for Vanguard funds

If you look at Vanguard’s page for a given mutual fund, there will be a link to the equivalent ETF, if there is one. Vice-versa for the ETF pages. There should be a button for converting a MF to ETF. Or try exchanging MF directly to ETF. The site may direct you to a special page (it does that for Ro...
by rkhusky
Fri May 10, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard Wellington and Wellsley over the last 20 years
Replies: 60
Views: 7026

Re: Vanguard Wellington and Wellsley over the last 20 years

For instance: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1999&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&endDate=05%2F09%2F2019&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&re...
by rkhusky
Fri May 10, 2019 9:07 am
Forum: Personal Investments
Topic: Vanguard takes away access to online statements within days of account transfer
Replies: 14
Views: 1622

Re: Vanguard takes away access to online statements within days of account transfer

Recently, I closed two accounts (I still have two left) at Vanguard by transferring all assets to another brokerage in April. The last residual cash transfer occurred on April 26. Starting May 1 or 2, all online statements, trade confirmation, realized gain page disappeared. The only thing I can no...
by rkhusky
Thu May 09, 2019 6:51 pm
Forum: Investing - Theory, News & General
Topic: Triggering a wash sale with TSM fund?
Replies: 8
Views: 676

Re: Triggering a wash sale with TSM fund?

I’ve heard of people swapping different S&P500 funds themselves without issue but that’s too far for me. I’d have no problem doing two different TSM funds though, if they use different indices. It is my understanding that the IRS only considers trades with the sample CUSIP in the same account when ...
by rkhusky
Thu May 09, 2019 6:18 pm
Forum: Personal Investments
Topic: Vanguard takes away access to online statements within days of account transfer
Replies: 14
Views: 1622

Re: Vanguard takes away access to online statements within days of account transfer

Earlier this year, I emptied an account by doing a Roth conversion on a small tIRA. I can still access statements. But I did not tell Vanguard to close the account. Since you still have account there and presumably a login, it does seem odd that they would remove access so quickly, unless you specif...
by rkhusky
Thu May 09, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Are factors risks?
Replies: 2
Views: 246

Re: Are factors risks?

In factor models, market risk accounts for the majority of return. The other factors contribute only a small portion. Perhaps it is too small to be easily seen in the referenced analysis.
by rkhusky
Thu May 09, 2019 11:13 am
Forum: Personal Investments
Topic: Assessing bond risk
Replies: 3
Views: 253

Re: Assessing bond risk

A number of years ago (2008), a study showed that corporate bonds had significantly higher default rates compared to equally rated munis. Adjustments to the ratings were made to close the gap, but I have not seen a recent study that shows the ratings versus default rates. In my own AA calculations, ...
by rkhusky
Wed May 08, 2019 6:36 am
Forum: Personal Investments
Topic: How to Rollover TSP to Vanguard IRA
Replies: 10
Views: 932

Re: How to Rollover TSP to Vanguard IRA

OP might want to apply for that waiver and wait a week or two. The TSP seems to be in the midst of changing their web site. There are still a lot of links to forms TSP-70 and TSP-77, but the pdf's are just a notice to use the wizard and are not the actual forms, and the web site doesn't even use the...
by rkhusky
Tue May 07, 2019 4:40 pm
Forum: Personal Investments
Topic: Bond Fund in Taxable Account
Replies: 4
Views: 560

Re: Bond Fund in Taxable Account

The SEC yield on Total Bond is 2.94%, which is 2.23% after 24% tax. The SEC yield on VWIUX is 2.11%. So, you would currently be better off with Total Bond, but it is close enough that it probably doesn't matter a whole lot. And the yield difference can change over time.