Search found 3386 matches

by Artsdoctor
Thu Jul 05, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11583

Re: SS taken at 62 vs. 70, but measured from 70+

My dad is on dialysis at 73. My sister has stage IV cancer at age 46. I will be 41 this month, I had my own health problems. if SS does not change, I'll gladly take it at age 62. Your point is a good one which is not often discussed. Health concerns matter a great deal when deciding when to start s...
by Artsdoctor
Thu Jul 05, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Will I ever be able to itemize?
Replies: 64
Views: 4354

Re: Will I ever be able to itemize?

Any good books on the ew tax code yet? Probably too early but I really don’t have a feel for my tax situation yet. I used to be in amt but now probably not. Good question. I haven't found any. The AMT is gone for most people. I can only speak for my own financial situation: the total tax will proba...
by Artsdoctor
Thu Jul 05, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Health Care in "Early" Retirement
Replies: 50
Views: 4870

Re: Health Care in "Early" Retirement

Very helpful. I'll go with an ACA plan. Just a word to the wise. You didn't say which state you live in. As you probably have read, whatever plans may exist this year, may not exist next year. The general trend is one in which insurers are leaving the marketplace, not joining it. Individual (family...
by Artsdoctor
Wed Jul 04, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Health Care in "Early" Retirement
Replies: 50
Views: 4870

Re: Health Care in "Early" Retirement

Very helpful. I'll go with an ACA plan. Just a word to the wise. You didn't say which state you live in. As you probably have read, whatever plans may exist this year, may not exist next year. The general trend is one in which insurers are leaving the marketplace, not joining it. Individual (family...
by Artsdoctor
Tue Jul 03, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 195
Views: 17233

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

Hmm... I wonder if the list of non-Vanguard ETFs will include the popular iShares ETFs that people now buy through Fidelity. If so, I can see Fidelity losing a lot more business to Vanguard. Unless Fidelity will allow Vanguard ETFs to be traded free or charge . . . That would be interesting! Althou...
by Artsdoctor
Tue Jul 03, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on paying off Mortgage and/or Car?
Replies: 6
Views: 872

Re: Advice on paying off Mortgage and/or Car?

My dear Bogleheads friends, my wife and I would be very interested in your advice. We owe mortgage of $960 per month on $103,300 at 4.0% for the next 17 yrs We owe car payment of $414 per month on $23,326 at 2.59% for the next 5 yrs My wife and are are both 63 yrs old and retired. We live on $58,30...
by Artsdoctor
Tue Jul 03, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 3120

Re: Asset Allocation once you reach your target

I would think you'd want to define "target" first. A lot of people use the word "target" in the context of being able to retire or perhaps being financially independent. But that can occur at a variety of ages. Many people who are newly retired may have reached their "target" but have several decade...
by Artsdoctor
Tue Jul 03, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Will I ever be able to itemize?
Replies: 64
Views: 4354

Re: Will I ever be able to itemize?

Up until the end of 2017, I always claimed the standard deduction + personal exemption since I was single, renting, basically had no deductions whatsoever. Now that I'm married, own a home, have a kid on the way, and with the tax law changes, figured I'd dig into this a bit deeper. Here's what, rou...
by Artsdoctor
Sun Jul 01, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting question
Replies: 15
Views: 1067

Re: Tax loss harvesting question

Bond funds will usually have less volatility than equity funds so being "out of the market" for 30 days is unlikely to matter much when it comes to price. While I agree completely with that statement, it is mostly because the word "usually" was used. As I noted the other day, VBTLX went from $10.32...
by Artsdoctor
Sun Jul 01, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8920

Re: "homemade dividends" from Total Stock Market fund

When bond fund dividends are paid out, the NAV does not drop. This depends on the bond fund, but for Vanguard Total Bond Market Index fund it is true. It is not true for VSCSX for example. Livesoft: Does the short-term corporate bond fund not accumulate dividends on a daily basis? And just to clari...
by Artsdoctor
Sun Jul 01, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting question
Replies: 15
Views: 1067

Re: Tax loss harvesting question

I own VBTLX with a current loss of $2,900. My question is with regard to tax loss harvesting. How exactly should I tax loss harvest this? What do you think is the most optimal strategy here? Option 1 - Tax loss harvest now, wait 30 days and re-purchase VBTLX Option 2 - Tax loss harvest now and re-p...
by Artsdoctor
Sun Jul 01, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8920

Re: "homemade dividends" from Total Stock Market fund

It is true, in both theory and practice, because of the way the bond market is structured. If you own a bond which pays a semiannual coupon, and it's four months since the most recent coupon payment, and I buy it from you, in addition to the price of the bond I have to give you its prorated coupon....
by Artsdoctor
Sun Jul 01, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8920

Re: "homemade dividends" from Total Stock Market fund

Can we possibly, please, stop conflating the payment of dividends from corporations with withdrawals from portfolios? I think it causes more confusion than even a deliberate attempt to cause more confusion could cause. Dividends are part of total return. Interest, even if expressed as dividends fro...
by Artsdoctor
Sun Jul 01, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Robert Merton on NewRetirement Podcast
Replies: 46
Views: 4945

Re: Robert Merton on NewRetirement Podcast

^ I agree, Bobcat. I can only imagine what it must have been like to win the Nobel Prize and have the LTCM debacle occurring in such close proximity. Talk about a roller coaster ride! You don't have to agree with everything Merton says. There is no one who's infallible. Ideally, you pick and choose ...
by Artsdoctor
Sat Jun 30, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: Robert Merton on NewRetirement Podcast
Replies: 46
Views: 4945

Re: Robert Merton on NewRetirement Podcast

The interview was good. He made it very clear that he is focusing many of his recommendations on middle class and perhaps upper-middle class investors, and spends a reasonable amount of time discussing annuities and reverse mortgages. I think that using the reverse mortgage lever is still going to b...
by Artsdoctor
Fri Jun 29, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: Robert Merton on NewRetirement Podcast
Replies: 46
Views: 4945

Re: Robert Merton on NewRetirement Podcast

Thanks. Will be interested in listening. Merton has a very interesting personal and professional history, and that particular podcast is 90 minutes so hopefully will get into some of his past as well as present.
by Artsdoctor
Fri Jun 29, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8920

Re: "homemade dividends" from Total Stock Market fund

Carol: BTW, high-dividend paying stocks are still stocks. They are not replacements for bonds. They're not tax-efficient and you're going to be more susceptible to price swings. This would deserve a separate thread, but you can also search the forum for threads like it because this has been discusse...
by Artsdoctor
Fri Jun 29, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8920

Re: "homemade dividends" from Total Stock Market fund

Okay, I am trying to imagine holding a bond fund and then when the market gets slammed I am supposed to sell some of it to buy more stocks. But now imagine a really terrible bear market that takes the market down over several years but also takes bonds down, too. Then what? I don't know what happen...
by Artsdoctor
Thu Jun 28, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8920

Re: "homemade dividends" from Total Stock Market fund

The thought that selling stocks when needed "and now the market is down" is market timing and this should be avoided. Just sell what you need regardless of where the market is. Sell in proportion to your entire asset allocation. Wow! Do you have any idea how difficult this sounds to me? I can't ima...
by Artsdoctor
Thu Jun 28, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Inflation Rate, isn't it personal?
Replies: 49
Views: 3706

Re: Inflation Rate, isn't it personal?

There seem to be a lot of posts about inflation lately. Much discussion about which measure to use and if inflation is under or accurately reported. Problem is that the government numbers are aggregate measures across the economy and it seems to me inflation is more or less individual. If you own a...
by Artsdoctor
Thu Jun 28, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can I make my medical insurance premiums tax deductible?
Replies: 10
Views: 1331

Re: Can I make my medical insurance premiums tax deductible?

^ That's where my questioning comes into play. I don't know about what the S Corp can do if the primary policy holder is someone other than an employer (or owner).

Now, COBRA premiums can be paid out of an HSA, if that's applicable, so there would be tax savings from that end, if necessary.
by Artsdoctor
Thu Jun 28, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: Bernstein watchers - where do you go to see his current writing or current allocation preferences ?
Replies: 32
Views: 3949

Re: Bernstein watchers - where do you go to see his current writing or current allocation preferences ?

I'm currently finishing up a modern version of Mackay's "Memoirs of Extraordinary Popular Delusions and the Madness of Crowds." The first half is a pretty standard history of financial Bubbles, similar to Mackay's, the last half, alsoechoing Mackay, a history of non-financial delusions. Can't say m...
by Artsdoctor
Thu Jun 28, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Is there a reversion to the mean for everything?
Replies: 29
Views: 1810

Re: Is there a reversion to the mean for everything?

As the title says, is there? I mean for example treasuries were the way to go to last years but lowering of interest rates surely helped their gains. Will there be a reversion to the mean when interest rates rise again? And will an investor be better off in a diversified index like total bond? No. ...
by Artsdoctor
Thu Jun 28, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: Financial Newspapers & Publications
Replies: 36
Views: 2787

Re: Financial Newspapers & Publications

vanguard.com/research periodically has interesting white papers Hi Artsdoctor - Vanguard publishes a lot of investment research such that it is hard to keep up with it all. Do you read all the research reports that they publish? In addition, do you save them electronically for future reference? I d...
by Artsdoctor
Wed Jun 27, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Financial Newspapers & Publications
Replies: 36
Views: 2787

Re: Financial Newspapers & Publications

Certainly not the WSJ. Bogleheads.org is clearly the best resource available. vanguard.com/research periodically has interesting white papers Nerd's eye view at kitces.com is sometimes very helpful Jonathan Clements' Humble Dollar is always good, but mostly for underscoring what we already know reti...
by Artsdoctor
Wed Jun 27, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can I make my medical insurance premiums tax deductible?
Replies: 10
Views: 1331

Re: Can I make my medical insurance premiums tax deductible?

^ Davis: Yes, for the routine medical insurance premiums. Can he do the same if he's paying COBRA through his spouse's employer?
by Artsdoctor
Wed Jun 27, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can I make my medical insurance premiums tax deductible?
Replies: 10
Views: 1331

Re: Can I make my medical insurance premiums tax deductible?

Ask your accountant if you can run the COBRA payments through your S Corp. I don't know the answer to this with certainty, but I wouldn't rule out that possibility.
by Artsdoctor
Wed Jun 27, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Another should we buy this So. Cal house thread...
Replies: 42
Views: 2184

Re: Another should we buy this So. Cal house thread...

Just looking at back-of-the-envelope calculations, you're in a better situation than a lot of people just starting out with a first house here. You didn't mention your age, but it looks as if you're doing everything right. There are intangibles to consider: you're happy in your current environment, ...
by Artsdoctor
Wed Jun 27, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: TLH offset lt cap gain with st cap loss?
Replies: 10
Views: 877

Re: TLH offset lt cap gain with st cap loss?

^ Just to clarify. The NIIT is net investment income tax; it is not the 0.9% Medicare surtax which would be imposed on earned income above a certain level.
by Artsdoctor
Tue Jun 26, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Inflation Rate, isn't it personal?
Replies: 49
Views: 3706

Re: Inflation Rate, isn't it personal?

TimeLord, I think your question is a great one, and I do think that some answers here can be "actionable." As has been described above, "inflation" is a term which is used generally in large macroeconomic terms. Inevitably, you're going to be trying to measure it with various indices, most commonly ...
by Artsdoctor
Tue Jun 26, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: TLH offset lt cap gain with st cap loss?
Replies: 10
Views: 877

Re: TLH offset lt cap gain with st cap loss?

Gips, You're right; if you have no earned income, you're unlikely to hit the 20% capital gains rate. However, the NIIT kicks in at $250,000 for a married couple, so you'll want to take that into consideration since your $200,000 gain will bring you close to that limit alone. And make sure you take y...
by Artsdoctor
Tue Jun 26, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Charity giving how much? How much do other retirees give?
Replies: 44
Views: 4006

Re: Charity giving how much? How much do other retirees give?

My question is how much money can I afford to donate to charity? My cash flow from investestments ( 1/3 stock 1/3 bonds 1/3 commercial real estate) is probably 2x my expenses without touching principle. 64 years old not taking SS till 70 and leaving a large inheritance is unnecessary. I tend to low...
by Artsdoctor
Tue Jun 26, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: TLH offset lt cap gain with st cap loss?
Replies: 10
Views: 877

Re: TLH offset lt cap gain with st cap loss?

I have realized a $200k lt cap gain this year with no offsetting lt unrealized cap losses. I do have $10k in unrealized short-term cap losses that can be harvested. any reason not to offset the lt cap gain with short-term cap loss? seems like it will save $1.5k of taxes this year. I would definitel...
by Artsdoctor
Tue Jun 26, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question
Replies: 13
Views: 1038

Re: HSA question

An HSA account isn’t offered through my employer but I’m looking into setting one up on my own. A high deductible plan is required to qualify ($1,350 deductible and $6,650 max out of pocket for individuals) but it makes no mention of whether this applies to in-network or out-of-network benefits in ...
by Artsdoctor
Tue Jun 26, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: CNBC: Social Security buying power has slipped by a third for retirees
Replies: 95
Views: 7073

Re: CNBC: Social Security buying power has slipped by a third for retirees

CULater wrote:
Tue Jun 26, 2018 8:54 am
There is only one reason to take SS early or not delay taking it until age 70 -- you have to. There might be a second reason -- you can't do math.
I would think that if someone were given a cancer diagnosis at 61, they might have a reasonable discussion with you about this topic.
by Artsdoctor
Tue Jun 26, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Taxability of the settlement account
Replies: 2
Views: 262

Re: Taxability of the settlement account

Vanguard will report out the dividends from the Federal Money Market fund on your 1099-DIV in box 1a ("Total Ordinary Dividends"). From a federal point of view, they will be taxed as ordinary income and could also be subject to the 3.8% NIIT (if applicable to you).
by Artsdoctor
Sun Jun 24, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund and KQED
Replies: 8
Views: 668

Re: Donor Advised Fund and KQED

I opened a Donor Advised Fund at Fidelity last year because of the tax changes. Normally I contribute annually to my local PBS station (KQED) with a personal check and receive a MemberCard that entitles me to certain perks. I'm not sure what would happen this year if I contributed through the DAF; ...
by Artsdoctor
Sun Jun 24, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolios 20% failure rate?
Replies: 19
Views: 1427

Re: Liability Matching Portfolios 20% failure rate?

According to this article, posted by galeno on the Bogleheads Unite category of Morningstar Forums, the LMP as recommended by Bernstein has about a 20% failure rate over the long haul. Something to think about if you're putting all your eggs in LMP basket. The article is based on a WSJ piece that l...
by Artsdoctor
Sat Jun 23, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 155
Views: 11945

Re: When did you start flying business class?

schrute wrote:
Sat Jun 23, 2018 6:29 pm
Business class seems very anti-Boglehead
Where did you get this idea? There's a certain investment philosophy that most Bogleheads share (you can click on the Philosophy tab), but expenditure priorities are all over the board here.
by Artsdoctor
Sat Jun 23, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 2063

Re: Is a Donor Advised Fund worth it? (Strategy)

Also, don't forget to check for negative implications (from realizing the capital gains) with respect to IRMAA if you will be on Medicare within two years. Really, the ONLY "cons" to using a DAF is coming up with the initial $5000 donation and paying the 0.6% (minimum $100) annual administration fe...
by Artsdoctor
Fri Jun 22, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 3535

Re: Does an IPS really need to be 5 pages long to be valuable?

An IPS can be as long as you want it to be. I can't speak for others, but my IPS has gone through several permutations over the last 20 years. The initial one was long and detailed--and was meant for me. It helped me put my thoughts onto paper and make a plan which would be difficult to sway from. A...
by Artsdoctor
Fri Jun 22, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 2063

Re: Is a Donor Advised Fund worth it? (Strategy)

Just to be clear, because I'm slightly confused on a couple points... 1) My understanding is that I can transfer-in-kind appreciated shares to my DAF, and deduct the full present NAV of those shares on my taxes in the year when they are transferred to the DAF, correct? Of course, the standard deduc...
by Artsdoctor
Fri Jun 22, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 2063

Re: Is a Donor Advised Fund worth it? (Strategy)

^ Could not agree more. If there is one specific charity, like your church, which is set up to receive donated Vanguard shares, go for it. I agree that many (most?) charities are not set up to receive those Vanguard shares directly, so a DAF allows far more flexibility.
by Artsdoctor
Fri Jun 22, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: What do we mean when we say "HCOL vs LCOL" location?
Replies: 34
Views: 2406

Re: What do we mean when we say "HCOL vs LCOL" location?

I would not use the federal pay site to define what HCOL means. If you take a look at the home page of that website, you can see for whom the site was designed: https://www.federalpay.org/ What do you mean? The locality pay tables are set by OPM (Office of Personnel Management). I just cited to tha...
by Artsdoctor
Fri Jun 22, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 2063

Re: Is a Donor Advised Fund worth it? (Strategy)

I give 11% net income annually to my Church annually and another 1% to other charities or needs, but only about half of that is tax deductible. In the past I've donated mutual funds ahead of time in about 1-2 year blocks. The itemizing kicking up to 24K changes thing. I think I may be less likely i...
by Artsdoctor
Fri Jun 22, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: What do we mean when we say "HCOL vs LCOL" location?
Replies: 34
Views: 2406

Re: What do we mean when we say "HCOL vs LCOL" location?

I would not use the federal pay site to define what HCOL means. If you take a look at the home page of that website, you can see for whom the site was designed:

https://www.federalpay.org/
by Artsdoctor
Fri Jun 22, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5165

Re: How much of your taxable holdings is unrealized capital gains?

Lucky, I have always been curious as to what others do when it comes to financial planning. Originally, my curiosity was spurred by my attempts to make sure that I was on the right track. Eventually, I realized that comparisons were not helpful at all. There are just too many variables out there and...
by Artsdoctor
Thu Jun 21, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 2063

Re: Is a Donor Advised Fund worth it? (Strategy)

OP,

Why not tell us about your philanthropy philosophy. Do you make one or two donations per year? Many? Large amounts, small amounts, in other people’s honor, in memory, etc.

First, describe your needs, and then figure out how to meet those needs.
by Artsdoctor
Thu Jun 21, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5165

Re: How much of your taxable holdings is unrealized capital gains?

It’s true that an investor should always factor in taxes on investments and capital gains would be no exception. However, I’m trying very hard to imagine what relevance your poll could possibly have. There are too many variables and I don’t know how it could possibly be helpful.
by Artsdoctor
Wed Jun 20, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: When is the June ex-dividend date for VTSAX
Replies: 29
Views: 2716

Re: When is the June ex-dividend date for VTSAX

Vanguard will always announce its quarterly dividend dates well in advance, usually at the beginning of that month (March, June, September, and December). The declaration is the same as the record date. The reinvestment date is the next business day. The payable date, if you decide not to reinvest t...