Search found 245 matches

by ThisTimeItsDifferent
Wed Dec 30, 2015 11:24 am
Forum: Personal Investments
Topic: Question regarding TLH
Replies: 9
Views: 746

Re: Question regarding TLH

Since your income tax bracket is so high (39%), that $3000 loss is best used to offset taxable income and not the capital gain. That tax savings would be (3000 * 0.39 = $1170). If you used the loss to offset a long-term capital gain, which has a 15% tax rate, then the tax savings would be (3000 * 0...
by ThisTimeItsDifferent
Mon Dec 28, 2015 3:37 pm
Forum: Personal Investments
Topic: Real-life, real-time wash sale & TLH documented
Replies: 149
Views: 37619

Re: Real-life, real-time wash sale & TLH documented

One more thread for you to read: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=179139 Thanks. That's helpful too. They key thing for this case seems to be: 12/10 Sold 5 shares purchased in Dec: $50 * 5 - $75 * 5 = -125. This is not a wash sale since the shares sold were those purchased a few...
by ThisTimeItsDifferent
Mon Dec 28, 2015 3:11 pm
Forum: Personal Investments
Topic: Real-life, real-time wash sale & TLH documented
Replies: 149
Views: 37619

Re: Real-life, real-time wash sale & TLH documented

Thanks for the example! That example mostly involved the case of a sale and then a purchase. In fact you said for the first transaction (purchase and then sale): There is no wash sale and no indication of a wash sale even though I sold shares at a loss and purchased shares less than 30 days ago on 1...
by ThisTimeItsDifferent
Mon Dec 28, 2015 11:08 am
Forum: Personal Investments
Topic: (Unfortunate) TLH opportunity (like bugs out of the woodwork)
Replies: 5
Views: 1287

Re: (Unfortunate) TLH opportunity (like bugs out of the woodwork) and wash-sale

Maybe this should be a new post... Is there a good/recommended wash sale calculator? Unfortunately, I still had distributions re-invested so I may be in wash sale situation, which would reduce or disallow claiming some of the losses today. Both of my TRP funds had large distributions this December w...
by ThisTimeItsDifferent
Tue Dec 22, 2015 9:28 pm
Forum: Personal Consumer Issues
Topic: unfair total loss car accident procedure
Replies: 56
Views: 8880

Re: unfair total loss car accident procedure

If your car was of better than average quality of used cars for sale, and since you were not selling it, it likely was, then the average or market price of cars actually for sale would in fact be lower than the value of your car. https://en.wikipedia.org/wiki/The_Market_for_Lemons It very likely wou...
by ThisTimeItsDifferent
Mon Dec 21, 2015 3:32 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Spartan Total Market Capital Gains Distribution
Replies: 15
Views: 2473

Re: Fidelity Spartan Total Market Capital Gains Distribution

The dual structure of Vanguard funds (ETF - MF) is what allows them to eliminate virtually all cap gains distributions. Fidelity doesn't have this, so even the trickle of index turnover (and presumably more shareholder caused "turnover") will eventually catch up with them. Still much better than ac...
by ThisTimeItsDifferent
Sun Dec 20, 2015 12:51 pm
Forum: Personal Investments
Topic: (Unfortunate) TLH opportunity (like bugs out of the woodwork)
Replies: 5
Views: 1287

(Unfortunate) TLH opportunity (like bugs out of the woodwork)

How does one tax loss harvest from funds at one mutual fund company (T Rowe Price) to a better, lower cost, more tax efficient, passive fund or set of funds at another (Vanguard Total Stock market VTSAX), staying in the market as much as possible? Sell (using SpecID) put in a new sweep/money market ...
by ThisTimeItsDifferent
Sat Nov 21, 2015 10:47 am
Forum: Personal Investments
Topic: Anybody using Andrews CU 3% IRA CD?
Replies: 39
Views: 7142

Re: Anybody using Andrews CU 3% IRA CD?

I stumbled across Andrews Federal Credit Union offering a 3% APY 7 year IRA CD on depositaccounts.com. https://www.depositaccounts.com/banks/andrews-federal-credit-union.html The reviews are not so favorable, but the rate and their listed health rating are. They appear to have an easy access member...
by ThisTimeItsDifferent
Fri Nov 20, 2015 4:17 pm
Forum: Personal Investments
Topic: What to do with 100k for next 1 -2 years
Replies: 13
Views: 2226

Re: What to do with 100k for next 1 -2 years

Ally 5 year CD. So long as it is there for a year, you will beat the savings account rate. Savings is 1% for now and 5 year CD is 2%. If you do get a longer CD and expect or have the possibility of withdrawing it early consider the CD disclosure and whether that institution has an "if we allow it" ...
by ThisTimeItsDifferent
Fri Nov 13, 2015 12:07 am
Forum: Personal Investments
Topic: Annuity pros and cons
Replies: 26
Views: 3769

Re: Annuity pros and cons

To answer one of your questions: Any withdrawals are considered to be from earnings first and taxable at your ordinary income tax rates (that's one of the big downsides of annuities; there are no capital gains). Only after you've removed all of the earnings are future withdraws considered to be a n...
by ThisTimeItsDifferent
Thu Nov 12, 2015 1:28 am
Forum: Personal Investments
Topic: City CU (Dallas) credit union eligibility
Replies: 0
Views: 598

City CU (Dallas) credit union eligibility

After the great NWFCU 5 year CD at 3% which has now closed, the next best I see other than the Synchrony bank 2.25% CD is "City CU" (Dallas, TX) with a 2.50% 5 year 6 mon EWP CD. The eligibility requirements, other than certain defined employers and affinity groups, permit members who "live, work or...
by ThisTimeItsDifferent
Thu Nov 05, 2015 4:48 pm
Forum: Personal Investments
Topic: How to start investing with nothing
Replies: 24
Views: 2910

Re: How to start investing with nothing

I don't know whether it is still true but T Rowe Price did not have a minimum initial investment for their automatic asset builder if you have it automatically contribute. They have perfectly fine target date type funds also. Even if the ERs are slightly higher than Vanguard, it is insignificant whe...
by ThisTimeItsDifferent
Mon Nov 02, 2015 3:09 pm
Forum: Personal Consumer Issues
Topic: Vacation with Parents, Is it Weird to Share a Room?
Replies: 63
Views: 14319

Re: Vacation with Parents, Is it Weird to Share a Room?

(Depending on ages) do you want to increase or reduce the chances of additional potential heirs of your parents to be created who would share in their estate and reduce your share?
by ThisTimeItsDifferent
Tue Oct 27, 2015 8:55 am
Forum: Personal Investments
Topic: i and EE bonds tracking and decisions
Replies: 34
Views: 5033

Re: i and EE bonds tracking and decisions

Something to note: 1. Paper EE Bonds - Buy at 1/2 face value, guaranteed face value at year 20. 2. Electronic EE Bonds - Buy at face value, guaranteed 2x face value at year 20. That's an implied rate of return of 3.5% so if you don't need the funds, I suggest holding onto those EE bonds until year ...
by ThisTimeItsDifferent
Fri Oct 23, 2015 10:06 am
Forum: Personal Investments
Topic: 401k Redirect Current Balance and Future Contributions?
Replies: 6
Views: 1326

Re: 401k Redirect Current Balance and Future Contributions?

I think it is just saying that you lose the option of using "Net Unrealized Appreciation" when taking a future distribution of company stock (at retirement) not that you would be taxed now. "Net Unrealized Appreciation" of company stock gives you the option when withdrawing from a traditional 401k o...
by ThisTimeItsDifferent
Wed Oct 21, 2015 3:40 pm
Forum: Personal Investments
Topic: brokered CD with VG - CapOne, Amex, GS.. do I care which one?
Replies: 8
Views: 847

Re: brokered CD with VG - CapOne, Amex, GS.. do I care which one?

The value of the CD will fluctuate within your portfolio as interest rates change, but held to maturity the initial investment amount is automatically deposited back into the same sweep account. Held to maturity, does the initial investment that the current holder made get deposited back or does th...
by ThisTimeItsDifferent
Thu Oct 15, 2015 8:46 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 41651

Re: Northwest FCU 3-year 3.04% Add-On CD

The welcome email and the completed application show the account number. However, one of my referred family members incorrectly got my account number shown in the welcome email.
by ThisTimeItsDifferent
Thu Oct 15, 2015 9:43 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 41651

Re: Northwest FCU 3-year 3.04% Add-On CD

My CD took 5 days from start to completion, plus 2 days to finalize the initial deposit. A family member's took 7 days to completion. Final approval was after the CD offer closed but it was still at the offered 3%. Another family member applied 6 days ago and is still waiting for the application to ...
by ThisTimeItsDifferent
Fri Oct 09, 2015 10:09 pm
Forum: Personal Investments
Topic: EE/I Bond Rate Predictions for May 1 2015?
Replies: 30
Views: 5977

Re: EE/I Bond Rate Predictions for May 1 2015?

"Buy late in the month, redeem early in the month," right, since interest is calculated on calendar month intervals?
by ThisTimeItsDifferent
Fri Oct 09, 2015 9:34 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 41651

Re: Northwest FCU 3-year 3.04% Add-On CD

I received a reply to my email answering the questions I asked. For the additional deposits, I was planning on setting up ACH transfer from my external checking account. For setting up the transfer to the NWFCU savings account, do I use the short form or long form of the account number? Short form ...
by ThisTimeItsDifferent
Thu Oct 01, 2015 1:51 pm
Forum: Personal Investments
Topic: Money losing Roth recharacterization
Replies: 13
Views: 1394

Re: Money losing Roth recharacterization

I hope they are in new separate Roth accounts so you don't need to do a pro rata net attributable income NAI calculation.
by ThisTimeItsDifferent
Fri Sep 25, 2015 10:32 am
Forum: Personal Investments
Topic: Investment Plan Advice
Replies: 10
Views: 936

Re: Investment Plan Advice

Thanks for the link. Although the highest marginal rates were higher in the past (94% in 1945 only on amounts above 200,000 or 81.0% $5,000,000 in 1941 or 63.0% above $1,000,000 in 1935 or 79.0% above $5,000,000 in 1936), those were on real amounts (and even nominal amounts) much higher than those a...
by ThisTimeItsDifferent
Fri Sep 25, 2015 8:35 am
Forum: Personal Investments
Topic: Roth conversion/recharacterization game or 0% cap gains tax rate
Replies: 10
Views: 1850

Re: Roth conversion/recharacterization game or 0% cap gains tax rate

You got that right. Use a separate new account. Do not let Vanguard or any other company put it in a new "sub account," which they do not isolate for pro rata re characterization purposes. Their phone reps get that wrong!
by ThisTimeItsDifferent
Wed Sep 23, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: Connections that save you money
Replies: 51
Views: 7974

Re: Connections that save you money

Call and tell your internet/tv/etc provider that you want to cancel your account effective at the end of the month/billing cycle. If they don't lower the price, you can always reverse that later and continue service. They almost certainly will lower the price though. If they don't, then probably rea...
by ThisTimeItsDifferent
Mon Sep 21, 2015 10:40 am
Forum: Personal Investments
Topic: Backdoor Roth Q <sorry for being slow on the uptake>
Replies: 18
Views: 1861

Re: Backdoor Roth Q <sorry for being slow on the uptake>

In general, there is no reason to have multiple IRA's or Roth's per person. There is one reason for an individual to have multiple Roth accounts. With a new, separate Roth account that the traditional IRA is converted into, the conversion basis is isolated so if you do a re characterization, the am...
by ThisTimeItsDifferent
Mon Sep 14, 2015 1:50 pm
Forum: Personal Investments
Topic: 401k vs After Tax Investments
Replies: 32
Views: 3042

Re: 401k vs After Tax Investments

I did not consider nor mention that another advantage of the Roth IRA over the Roth 401k is that the Roth IRA has no RMD while the Roth 401k has an RMD at the later of age 70.5 or retirement. My earlier comment at potentially no RMDs at 70.5 for a 401k applies to traditional 401k plans compared to t...
by ThisTimeItsDifferent
Fri Sep 11, 2015 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Ally is threatening to close my CD
Replies: 66
Views: 8525

Re: Ally is threatening to close my CD

Is someone (guapomole, dm200, others) claiming that a person could hold a standard, long term CD at a bank (3+ years), have no other activity, and potentially have all funds including the CD "escheated" to the state, legally, and with no warning whatever beyond a scammy looking letter that the cust...
by ThisTimeItsDifferent
Fri Sep 11, 2015 8:55 am
Forum: Personal Investments
Topic: 401k vs After Tax Investments
Replies: 32
Views: 3042

Re: 401k vs After Tax Investments

[a 401k Roth] gives you higher contribution limits than the Roth IRA, better ERISA lawsuit/bankruptcy (?) protection, and better withdrawal options (age 55, loans, and potentially no RMDs at age 70). Are there any ways that the IRA is better? Only more options, but if you have the ultra low cost in...
by ThisTimeItsDifferent
Thu Sep 10, 2015 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Ally is threatening to close my CD
Replies: 66
Views: 8525

Re: Ally is threatening to close my CD

And even after it has escheated to the state you haven't really lost the money. The state holds the funds on behalf of the owner (or his heirs) and all you need to do after an escheat process is to authenticate your identity and they will send you the funds. ... Of course it is better to do whateve...
by ThisTimeItsDifferent
Thu Sep 10, 2015 9:14 am
Forum: Personal Investments
Topic: 401k vs After Tax Investments
Replies: 32
Views: 3042

Re: 401k vs After Tax Investments

Does your employer offer a 401k Roth option for your contributions? The employer match has to be traditional/deductible but many offer the non deductible, tax free growth option of Roth for the employee contribution. If you are at the 15% marginal tax rate now, that might be a good option. It gives ...
by ThisTimeItsDifferent
Mon Sep 07, 2015 9:55 pm
Forum: Personal Investments
Topic: Backdoor Roth confusion
Replies: 13
Views: 1372

Re: Backdoor Roth confusion

Please escalate this with Vanguard to correct the "adviser's" error so s/he does not repeat it. In your case, if your conversion was non taxable, it would take a unique situation to warrant a recharacterization. Since you owed no taxes on the conversion, why did you recharacterize? Actually, my com...
by ThisTimeItsDifferent
Sat Sep 05, 2015 3:37 pm
Forum: Personal Investments
Topic: Backdoor Roth confusion
Replies: 13
Views: 1372

Re: Backdoor Roth confusion

Please escalate this with Vanguard to correct the "adviser's" error so s/he does not repeat it. Although I am a huge, huge fan of Vanguard, one of their advisers made an error with me that cost me money. When I converted a non-deductible TIRA to a Roth, I specifically asked for a separate Roth accou...
by ThisTimeItsDifferent
Mon Jun 29, 2015 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 23371

Re: Sychrony Bank - warning

Synchrony doesn't work with Quicken either, and their new account web pages are kind of broken, leading to multiple $0 accounts for me.
Still, I use them because their CD rates are a bit higher than the competitors, who maybe do support Quicken.
by ThisTimeItsDifferent
Tue Jun 23, 2015 10:08 pm
Forum: Personal Investments
Topic: Creating sub-accounts in vanguard
Replies: 13
Views: 6742

Re: Creating sub-accounts in vanguard

When I did a Roth conversion, I requested separate accounts so I could isolate my basis in case of a subsequent re-characterization. Some months later, I did re-characterize, and it turns out that vanguard had created sub accounts instead of separate accounts. If they were separate accounts no pro r...
by ThisTimeItsDifferent
Sun Jun 21, 2015 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tech jobs - is job-hopping the best way to get ahead?
Replies: 92
Views: 19200

Re: Tech jobs - is job-hopping the best way to get ahead?

Yes. Companies only pay what they need to pay in order to keep or get employees. If you don't leave, then they know they don't need to pay you more to keep you.
by ThisTimeItsDifferent
Thu Jun 18, 2015 2:56 pm
Forum: Personal Investments
Topic: Change of heart on bonds
Replies: 29
Views: 5822

Re: Change of heart on bonds

I didn't rebalance or move "cash" to equities in 2000/2008 but just continued contributing the same amount of my salary to the equity purchases. Now that the total investment balances are much larger than what I contribute each year, I still wouldn't sell in a downturn, but see the benefit to have a...
by ThisTimeItsDifferent
Thu Jun 18, 2015 11:37 am
Forum: Personal Investments
Topic: Change of heart on bonds
Replies: 29
Views: 5822

Re: Change of heart on bonds

"Me too" Long time, 25 year, 100% equity investor. Consistent contributions. No stock selling during 2000 or 2008. 40% t401k / 40% taxable (both in index equities) / 20% "cash"(CDs, 4 years of salary) I never thought about, then had a hard time seeing a benefit to bonds specifically. After seeing th...
by ThisTimeItsDifferent
Mon Jun 15, 2015 10:28 pm
Forum: Personal Consumer Issues
Topic: Recommend a port, please [Wine]
Replies: 28
Views: 4207

Re: Recommend a port, please [Wine]

Dow's Boardroom Tawny is my regular drink.
by ThisTimeItsDifferent
Fri Jun 12, 2015 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Salvaging help please after Whole Life misrepresentation
Replies: 44
Views: 7264

Re: Salvaging help please after Whole Life misrepresentation

Excel's Future Value function shows that a return of 7% a year on annual payments of $46,000 for 21 years would be worth $2,063,798.13 at the end of that time.
The IRR function shows an internal rate of return for the 21 years of $46,000 payments and a final value of $1.6M of 4.4%
by ThisTimeItsDifferent
Sat May 30, 2015 9:18 pm
Forum: Investing - Theory, News & General
Topic: CNBC article - Low cost is just the first step in picking funds: Bogle
Replies: 20
Views: 3585

Re: CNBC article - Low cost is just the first step in picking funds: Bogle

I was fortunate to get in Primecap 15-20 years ago just as it was closing but was still available to open as a taxable account for those whose 401ks had it available. I've done DCA into it twice a month ever since as a core holding.
by ThisTimeItsDifferent
Thu May 21, 2015 11:14 am
Forum: Personal Investments
Topic: Advice for younger friend
Replies: 11
Views: 1175

Re: Advice for younger friend

T Rowe Price does NOT have a minimum initial investment using the automatic asset builder scheduled investments. One could start with just $50/month e.g.
by ThisTimeItsDifferent
Thu May 07, 2015 4:04 pm
Forum: Personal Investments
Topic: High Expense 403b or Taxable
Replies: 13
Views: 1277

Re: High Expense 403b or Taxable

2.5% load on everything?!
I question whether the administrator is meeting the fiduciary responsibility.
http://www.dol.gov/ebsa/publications/fi ... ility.html
by ThisTimeItsDifferent
Wed May 06, 2015 3:53 pm
Forum: Personal Consumer Issues
Topic: Free time in Prague and Amsterdam .. what to see?
Replies: 18
Views: 1974

Re: Free time in Prague and Amsterdam .. what to see?

Prague:
Prague Castle, great architecture, great classical art collection inside
Charles Bridge and River
Clock Tower and Old Town Square
Bus ride around town
by ThisTimeItsDifferent
Tue Apr 28, 2015 9:54 pm
Forum: Personal Consumer Issues
Topic: My new dishwasher doesn't clean
Replies: 77
Views: 36031

Re: My new dishwasher doesn't clean

jimhend1 wrote:REad the detergent ingredients. If it does not have phosphate, it isn't any good ([OT comment removed by admin LadyGeek]). Go online and find commercial grade cascade powder with phosphates.
Or add a spoonful of TSP tri sodium phosphate to the detergent.
by ThisTimeItsDifferent
Thu Apr 09, 2015 1:02 pm
Forum: Investing - Theory, News & General
Topic: Switching 40% of my portfolio to bonds: just can't do it.
Replies: 52
Views: 10177

Re: Switching 40% of my portfolio to bonds: just can't do it

I don't have any bonds to speak of either (except for a small amount as a portion of the Vanguard STAR fund in a Roth) at age 45 and have 80% in stock and 20% in cash but seeing the VTSAX (stock) vs VBTLX (bond) results from 2000 to 2015 is amazing, by steadily increasing and avoiding the 2000 and ...
by ThisTimeItsDifferent
Wed Apr 08, 2015 11:39 pm
Forum: Investing - Theory, News & General
Topic: Switching 40% of my portfolio to bonds: just can't do it.
Replies: 52
Views: 10177

Re: Switching 40% of my portfolio to bonds: just can't do it

I don't have any bonds to speak of either (except for a small amount as a portion of the Vanguard STAR fund in a Roth) at age 45 and have 80% in stock and 20% in cash but seeing the VTSAX (stock) vs VBTLX (bond) results from 2000 to 2015 is amazing, by steadily increasing and avoiding the 2000 and 2...
by ThisTimeItsDifferent
Mon Apr 06, 2015 10:46 am
Forum: Personal Consumer Issues
Topic: Road Tolls, and Rental Cars
Replies: 43
Views: 12355

Re: Road Tolls, and Rental Cars

I know the OP posted months ago so the original question is moot, but Houston/Harris County has two kinds of toll roads: roads operated by TxDOT and roads operated by the Harris County Toll Road Authority. They both support the hctra ez tags that attach to the windshield and cannot be moved to new ...
by ThisTimeItsDifferent
Sun Apr 05, 2015 5:49 pm
Forum: Personal Consumer Issues
Topic: Road Tolls, and Rental Cars
Replies: 43
Views: 12355

Re: Road Tolls, and Rental Cars

I know the OP posted months ago so the original question is moot, but Houston/Harris County has two kinds of toll roads: roads operated by TxDOT and roads operated by the Harris County Toll Road Authority. They both support the hctra ez tags that attach to the windshield and cannot be moved to new c...
by ThisTimeItsDifferent
Thu Apr 02, 2015 2:53 pm
Forum: Personal Investments
Topic: serial Roth IRA conversion - monthly v yearly
Replies: 16
Views: 1798

Re: serial Roth IRA conversion - monthly v yearly

I used to dca my backdoor Roth monthly through the Vanguard automatic investment plan but they don't have an automatic Roth conversion plan, so now I just contribute to the non deductible tIRA at the start of the year and convert immediately thereafter. The new contributions are a small part of the ...