Search found 494 matches

by InvestingMom
Mon Sep 15, 2008 3:06 pm
Forum: Personal Investments
Topic: comparing Vanguard to other funds ?
Replies: 3
Views: 1250

Yes they broke it as far as I can tell. However, you can still compare, but you have to start with a non Vanguard fund. IMHO, you should be able to do it either way? So go to Other Fund Families first.
by InvestingMom
Mon Sep 15, 2008 1:47 pm
Forum: Investing - Theory, News & General
Topic: Lehman's employees: why did they hold on?
Replies: 27
Views: 6371

InvestingMom wrote: I don't think most employees are being "wiped out". I suspect this is the media basically whipping up a story. I feel very badly for the "rank and file" employees who may be losing their jobs, but I find it hard to believe they had much in restricted stock or...
by InvestingMom
Mon Sep 15, 2008 12:38 pm
Forum: Personal Investments
Topic: (1st post) Young buck seeking advice on large trust fund.
Replies: 22
Views: 4075

You are falling into the most common trap of inexperienced investors...ie selling low and buying high. Please listen to Laura's advice. Do not do anything until you do some reading. As far as the revocable trust, WARNING I AM NOT AN ATTORNEY AND AM ONLY SPEAKING FROM EXPERIENCE, but you may be right...
by InvestingMom
Mon Sep 15, 2008 12:07 pm
Forum: Investing - Theory, News & General
Topic: Lehman's employees: why did they hold on?
Replies: 27
Views: 6371

I don't think most employees are being "wiped out". I suspect this is the media basically whipping up a story. I feel very badly for the "rank and file" employees who may be losing their jobs, but I find it hard to believe they had much in restricted stock or otherwise. I also do...
by InvestingMom
Sat Sep 13, 2008 2:44 pm
Forum: Personal Investments
Topic: How about this for a different TLH strategy?
Replies: 10
Views: 1854

Sorry Lifesoft. I've tried to understand this doubling down strategy but can't quite get my head around it. If I own VTI at a loss and I double up on the investment then there are two scenarios. If VTI continues to fall I now own two lots of VTI that have both fallen and I have doubled my losses. O...
by InvestingMom
Sat Sep 13, 2008 2:24 pm
Forum: Personal Investments
Topic: How about this for a different TLH strategy?
Replies: 10
Views: 1854

Re: How about this for a different TLH strategy?

There's been lots of different posts as to whether it's better to TLH by buying the replacement etf immediately, or whether to wait the 31 days and buy the same thing again. Lots of pros and cons either way. How about this hybrid? Sell the etf today then plan to wait one month to buy it back. If th...
by InvestingMom
Tue Sep 09, 2008 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Two Small Will Planning Question
Replies: 6
Views: 1950

Re: could "controling from the grave" be avoided?

InvestingMom: Is this what you had in mind, or is it more fees to lawyers? Decision Making Mechanisms While some creators of trusts value the control they can exert from the grave, an excellent means by which to provide for flexible control is to permit trustees to make “appropriate” distributions ...
by InvestingMom
Tue Sep 09, 2008 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Two Small Will Planning Question
Replies: 6
Views: 1950

I have had the same problem. I wonder if you are using a corporate trustee? If so you might consider Vanguard. Vanguard will act as the trustee or co-trustee, however they will not administer land and real estate...only financial instruments. Perhaps they will administer any initial real estate and ...
by InvestingMom
Tue Sep 09, 2008 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Financial intervention for my parents?
Replies: 6
Views: 2339

There are counselors who work specifically with people to help them with what I guess you would call, "emotional" financial problems. For example problems such as couples with different money styles...people who inherit money and become paralyzed....families who cannot come together on wea...
by InvestingMom
Fri Sep 05, 2008 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: taxation on salary when there are bonuses
Replies: 29
Views: 5027

I agree with many of the other posters that you should probably consult a tax accountant and or ask your in house payroll person. There is no need to get a tax accountant just for this. As others have mentioned, how often your employer has to withhold and remit taxes in usually based on the employe...
by InvestingMom
Thu Sep 04, 2008 3:43 pm
Forum: Investing - Theory, News & General
Topic: Do you include emergency savings in your return calculation?
Replies: 14
Views: 2105

As dbr first pointed out, it really does depend on what you want to know. In a sense it really does not matter, as long as you are tracking both and have goals for both...either all together or separately. More important is just being consistent in how you look at it. So, for example if your "p...
by InvestingMom
Thu Sep 04, 2008 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: taxation on salary when there are bonuses
Replies: 29
Views: 5027

I agree with many of the other posters that you should probably consult a tax accountant and or ask your in house payroll person. That being said, let me throw in my 2 cents... As others have mentioned, how often your employer has to withhold and remit taxes in usually based on the employer...but ge...
by InvestingMom
Wed Sep 03, 2008 10:56 am
Forum: Personal Investments
Topic: How do you keep track of tax lots?
Replies: 31
Views: 12190

Hi PiperWarrior, I use Quicken 2007 Premier. Premeir has what I believe are the full investing capabilities. I don't need to use any manual tracking such as excel. There are a few different places you can see your gains and losses, by lot, assuming you don't choose average cost. When you actually tr...
by InvestingMom
Tue Sep 02, 2008 12:00 pm
Forum: Personal Investments
Topic: Use Wells Fargo "Wells Trade" or Vanguard?
Replies: 20
Views: 3163

Definitely ask Vanguard. You may qualify for Flagship service in which case you will get so many free trades a year...I don't remember how many you get but it might be enough to cover you. However, I do understand that Wells allows many more free trades... Bottom line is it is just a matter of the s...
by InvestingMom
Tue Sep 02, 2008 11:51 am
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

HI All i am so confused the more read the more it I wish i knew ETFs are tax efficient or not just one simple word ???? One word: Maybe. If an asset class is tax-efficient, then the index ETF in that class is tax-efficient. If an asset class is tax-inefficient, then the index ETF in that class is t...
by InvestingMom
Tue Sep 02, 2008 11:32 am
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

Murray, Thanks for the article. It is very interesting. Re: dividends...You say "not to take away from this article" and thereby imply that the dividend issue is not as great? While it seems obvious one should look out for a ETF with a history of paying out nonqualified dividends, it seems...
by InvestingMom
Tue Sep 02, 2008 10:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard website changes-Communicate dissatisfaction!
Replies: 61
Views: 13855

So far there is no movement on reversing these changes. I sent them an email and received a canned response "thank you for your input ..." The new format is really amateurish. I didn't really think that they would reverse the changes, but they might ramp up fixes if we keep emailing them....
by InvestingMom
Tue Sep 02, 2008 10:38 am
Forum: Investing - Theory, News & General
Topic: Vanguard website changes-Communicate dissatisfaction!
Replies: 61
Views: 13855

I didn't like the new format in the beginning, but after few uses it grew on me. It is more modern and sleek. I have no loading problems whatsoever ( my computer is new, may be it has all the current software). My assumption is, like any change. it is resisted at first, then welcomed. Let's have th...
by InvestingMom
Mon Sep 01, 2008 4:01 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

Follow up

As a follow up to my original post, I wanted to mention that I bought Rick Ferri's book and I found it very helpful. There is a section on the tax efficiency of ETFs. Generally, he confirms that ETF's can be more tax efficient (than a similar index mutual fund) primarily for the same 2 reasons I sta...
by InvestingMom
Mon Aug 25, 2008 2:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website changes-Communicate dissatisfaction!
Replies: 61
Views: 13855

Overall, I like a lot of the changes. I would like it of the bonds could be selected or sorted by style. Maybe add a "show styles" option for bonds like they do for domestic stocks. I like the tabs across the top after you've selected the fund you want to investigate. I think it would be ...
by InvestingMom
Mon Aug 25, 2008 1:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website changes-Communicate dissatisfaction!
Replies: 61
Views: 13855

Vanguard website changes-Communicate dissatisfaction!

Okay, I tried to give it a few days....but please, something has to be done! The changes on the website are awful. What good does it do me to have to check boxes on the left for the funds I want. I often want to see the entire universe...but grouped by asset class. The page does not even look right ...
by InvestingMom
Sun Aug 24, 2008 7:37 pm
Forum: Personal Investments
Topic: Another Tax Loss harvesting question
Replies: 4
Views: 1238

Another Tax Loss harvesting question

Hi all, Just realized I am confused about something.... If I sell a fund in my taxable account...at a loss Do I have to wait 60 days before I rebuy in my 401K to avoid the wash rules? I am guessing the answer is yes. However, if I was selling in my 401K and rebuying in my taxable I guess that would ...
by InvestingMom
Fri Aug 22, 2008 12:24 pm
Forum: Investing - Theory, News & General
Topic: What finance magazines do Bogleheads read?
Replies: 46
Views: 10447

Business Week Kiplingers Money Usually grab Forbes when at the drug store. I ignore the noise...but even then I find it good to test myself as to why it is bunk. The internet is great, but I still need to read something at the breakfast table, etc...call me old fashioned as I still like my newspaper...
by InvestingMom
Fri Aug 22, 2008 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Definition of internal rate of return
Replies: 17
Views: 2981

This is a very interesting discussion. When a mutual fund gives its annual performance numbers I assume this is another example of IRR. Quicken allows you to calculate investment performance as IRR. Assuming inflows and outflows are small relative to the average balance can I use this number to com...
by InvestingMom
Mon Aug 18, 2008 3:18 pm
Forum: Personal Investments
Topic: "Try calling Vanguard and ask for advice...it won't hap
Replies: 33
Views: 8178

Hi Czilla9000, I went back and read your original post. As I understand it, your father is a bit nervous about your investing skills (which seems normal to me...that a parent would be worried about a 21 yr old.) Your father has been using this broker for a long time and trusts him. Eventually you wi...
by InvestingMom
Tue Aug 12, 2008 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: bank recommendation?
Replies: 1
Views: 735

I don't know of any banks that will help you but just thought I would suggest a few other ideas. The only thing I can think of is that your husband is using his ATM since you say it is a banking nightmare (and surely he is not writing checks?) Has he checked with his employer and made sure they don'...
by InvestingMom
Tue Aug 12, 2008 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Money vs. Quicken -- redux
Replies: 46
Views: 11382

I have never used MS money so have no basis for comparison, but can tell you I LOVE QUICKEN. Not sure if you are using it for investments as well as banking? I push a few buttons every few days or so and everything automatically updates. I have to do some manual manipulation sometimes (for some reas...
by InvestingMom
Tue Aug 12, 2008 12:25 pm
Forum: Investing - Theory, News & General
Topic: ETFs - Are They Some Fad that will Fade?
Replies: 61
Views: 13547

Also, tax efficiency is much higher with an ETF structure because the fund manager is able to push low-cost stock out to third parties. See this WSJ article by Fama-French on the tax benefits of ETFs . Rick Ferri I just read the referenced Fama-French article and am a bit confused. I am very much o...
by InvestingMom
Tue Aug 12, 2008 11:27 am
Forum: Investing - Theory, News & General
Topic: ETFs - Are They Some Fad that will Fade?
Replies: 61
Views: 13547

Some people believe that ETFs are an 'investment'. That is not technically correct. ETFs are an investment structure. The securities in an ETF are the investment. ETFs are basically mutual funds formed under the Investment Company Act of 1940 (The ACT). A ETF issuer asks the SEC for certain exempti...
by InvestingMom
Fri Aug 08, 2008 12:38 pm
Forum: Personal Consumer Issues
Topic: Stuck in a lucrative, yet unfufilling career
Replies: 42
Views: 10303

Thanks everyone for your comments. It's given me a lot to think about. I read a number of people say to just find another job that's 40 hours a week so I can get more free time. I'd love to know where these jobs are in the private sector. In my experience and talking to friends and associates as we...
by InvestingMom
Fri Aug 08, 2008 12:15 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

LH2004 Well, I hope I did not say something to offend you (since apparently you responded with an inappropriate comment??) My message was intended to add a little humor to the conversation since I did not get what you were referring to. Yes, I am aware that one needs to avoid buying into a taxable d...
by InvestingMom
Fri Aug 08, 2008 11:59 am
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

Thanks for your comments. My limited understand of the different in tax treatment has to do with share redemptions. When people cash out of a mutual fund, the fund may have to sell out of the underlying stocks to pay them. This causes a tax side-effect that flows through to all holders of the mutual...
by InvestingMom
Thu Aug 07, 2008 4:38 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

Hi Investing Mom: Well I am off to Borders to see if I can find a book that covers the tax efficiency (or not) of ETFs. [/i] I suggest you start by reading Rick Ferri's, "The ETF Book: All You Need to Know About Exchange-Traded Funds Best wishes. Taylor Will do. Someone else recommended this.....
by InvestingMom
Thu Aug 07, 2008 4:31 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

Livesoft, But the fact that the TM accounts have a redemption fee is not a reason to replace them with ETFs...unless ETFs are in fact tax efficient? Otherwise, why not just go with the related index fund and why ever recommend a TM account over the index fund. I am sorry if it seems like I wanted to...
by InvestingMom
Thu Aug 07, 2008 4:14 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

ETF's (and funds that include ETF classes) have a tax disadvantage when it comes to ordinary income, as their lower outside turnover eliminates opportunities for the fund to get a deduction when it pays out departing shareholders. Any book that discusses ETF tax efficiency without pointing out the ...
by InvestingMom
Thu Aug 07, 2008 4:06 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

I am getting a better picture of how complicated this issue is. Methinks you are making it way more complicated than it actually is. I would guess that any differences in tax efficiency are so minimal that the other cost of ETFs like any commissions you might pay and any bid/ask spread would offset...
by InvestingMom
Thu Aug 07, 2008 1:04 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

Alec, Thanks for clearing up whether or not ETFs trade individual stocks or not. That seems to imply that there might be tax savings in the future. Thanks for the links....I will check our Ricks book and see if he discusses tax efficiency. IM
by InvestingMom
Wed Aug 06, 2008 11:41 am
Forum: Personal Consumer Issues
Topic: Stuck in a lucrative, yet unfufilling career
Replies: 42
Views: 10303

If you are in finance/accounting it will be easy to get another job. There are also lots of different angles to finance/accounting that could greatly improve your enjoyment (or at least minimize the agony) of your job. Just changing industries might do it...or going to a smaller company. In any case...
by InvestingMom
Wed Aug 06, 2008 11:28 am
Forum: Investing - Theory, News & General
Topic: Why I am glad we are with Vanguard
Replies: 11
Views: 3315

Good post. Thanks for helping to keep me on track.
by InvestingMom
Wed Aug 06, 2008 11:21 am
Forum: Investing - Theory, News & General
Topic: madsinger monthly report
Replies: 14
Views: 5950

Thanks. I always find this information useful and somewhat calming...I wish the long term columns were better, but hey, at least they are not negative. (I did not look at the short term results since it is too short of a period for comparisons...but I really like looking at the longer term figures.)
by InvestingMom
Wed Aug 06, 2008 11:01 am
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

I am getting a better picture of how complicated this issue is. Since there are so many factors that go into whether you can say an ETF is more tax efficient than its corresponding index fund let me further refine my question. In theory, if an ETF is started in a bull market and is drawing money in,...
by InvestingMom
Tue Aug 05, 2008 8:52 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

AZRunner, Thanks. You sound pretty confident that the bear market is the cause for the negligible difference. I guess i can see it.... hopefully the ETFs are building up high cost basis right now and so when (dare I say "if") the market turns any capital gains will be much smaller. It stil...
by InvestingMom
Tue Aug 05, 2008 7:03 pm
Forum: Investing - Theory, News & General
Topic: ETFs really more tax efficient?
Replies: 38
Views: 7392

ETFs really more tax efficient?

In some other posts it has been suggested to me to use ETFs for tax efficiency since much of my portfolio is in taxable accounts. However I have compared the after tax returns of several of the ETFs to their comparable index funds and I see a negligible difference. Do any of you have any more recent...
by InvestingMom
Tue Aug 05, 2008 6:42 pm
Forum: Personal Investments
Topic: ETFs tax benefits and other
Replies: 7
Views: 1735

ETF and tax efficiency

Thanks again for the additional input.

It sounds like people are not concerned with the price difference.

I understood that ETFs were suppose to be more tax efficient but I think I will pose this question in the Theory section of the forum.
by InvestingMom
Tue Aug 05, 2008 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Finding a CPA / tax advisor ---or something else?
Replies: 24
Views: 5218

I always say "follow the money". I don't know much about federal govt accounting and I know you are dealing with a large bureaucracy, but someone there has to pay the bills. So ask someone in payroll or accounts payable, who the controller is (often times called the comptroller in govt) an...
by InvestingMom
Tue Aug 05, 2008 12:22 pm
Forum: Personal Investments
Topic: ETFs tax benefits and other
Replies: 7
Views: 1735

Hi all, I would love to hear from others on ETFs if you have some information/time. Livesoft, Thanks for your input. It sounds like you are saying that there is no difference between the funds and ETFs (besides the couple that you identify as having the holding/redemption fees). You don't really com...
by InvestingMom
Mon Aug 04, 2008 12:04 pm
Forum: Investing - Theory, News & General
Topic: Bogle's view: real investor returns v. fund-reported returns
Replies: 23
Views: 5595

I am fairly sure that mutual fund returns do not include commissions. I am not sure about the sales load...I recall that Morningstar reflects sales load but I am not sure if the mutual fund reflects it in their returns on their required disclosures. Taxes are also not reflected although there is a s...
by InvestingMom
Mon Aug 04, 2008 11:50 am
Forum: Personal Investments
Topic: ETFs tax benefits and other
Replies: 7
Views: 1735

ETFs tax benefits and other

Yesterday I was advised on the board to use ETFs in taxable accounts...which made sense to me so I reread up on them and reexamined why I had shied away from them in the past. The main reason I have not bothered with them is because I plan on holding forever (except to TLH occasionally....and to adj...
by InvestingMom
Sun Aug 03, 2008 8:18 pm
Forum: Personal Investments
Topic: Tax Managed Accounts/Value Investing
Replies: 8
Views: 1804

thanks

Thanks all, Good points. After thinking about it some more.... an ETF probably would be the way to go. I am not so concerned about TLHing but why limit myself and the 5 year holding period is pretty ominous even if my intention is to hold forever. I guess Bernstein is a bit outdated in his discussio...
by InvestingMom
Sun Aug 03, 2008 6:10 pm
Forum: Investing - Theory, News & General
Topic: One reason why Reits should NOT be in tax deferred.
Replies: 21
Views: 5575

Your point is a bit like saying "don't put anything in your tax deferred account that you think may lose money on". Which of course is impossible to predict and if we could we would not invest in anyway. That being said, I hear your pain. 2008 has not been good! But as one of the earlier p...