Search found 63971 matches

by livesoft
Sat Jan 19, 2019 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1373

Re: Inherited IRA - RMD

You spreadsheet folks are thinking too hard about this. Since the RMD has to come out this year, why not just compare the value of RMD-derived money one would have in a taxable account on January 1 of next year?
by livesoft
Sat Jan 19, 2019 8:38 am
Forum: Personal Consumer Issues
Topic: Buying Property in Northwest USA - Advice?
Replies: 18
Views: 1935

Re: Buying Property in Northwest USA - Advice?

I think many retired military become real estate agents, so you gotta go where the housing turnover is strongest.
by livesoft
Sat Jan 19, 2019 8:35 am
Forum: Investing - Help with Personal Investments
Topic: etf vs index funds . tax efficiency
Replies: 16
Views: 623

Re: etf vs index funds . tax efficiency

I would not be surprised to find out that some Vanguard index funds are more tax-efficient than some Schwab ETFs.
by livesoft
Sat Jan 19, 2019 8:27 am
Forum: Investing - Help with Personal Investments
Topic: VFIFX and VTI/VOO
Replies: 5
Views: 339

Re: VFIFX and VTI/VOO

VFIFX is a Target Retirement fund. I would NOT own a balanced fund nor Target Retirement fund in a taxable account if I was in a moderate to high tax bracket now or would be in the future. Instead, I would own something that was tax-efficient now and would remain tax-efficient throughout my life. VT...
by livesoft
Sat Jan 19, 2019 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Hesitant to sell
Replies: 11
Views: 1297

Re: Hesitant to sell

Folks, don't get off on a tangent. Almost all funds went down last year, but the OP positions in USPRX does not have a loss. Most of the shares were purchased 15 years ago and are non-covered Perhaps only a minor amount of reinvested distribution would have a loss, but not if the OP is using Average...
by livesoft
Sat Jan 19, 2019 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Hesitant to sell
Replies: 11
Views: 1297

Re: Hesitant to sell

Stop reinvesting distributions. This fund has an expense ratio of 0.15%. I don't see any compelling reason to sell. I have a similar situation: I did tax-loss harvesting of VTSAX to VLCAX back in 2009 or 10 years ago. That position in VLCAX (large-cap-index) has been sitting untouched for a long tim...
by livesoft
Fri Jan 18, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing portfolio using "bands"?
Replies: 13
Views: 634

Re: Rebalancing portfolio using "bands"?

Have you read this yet: bogleheads.org/wiki/Rebalancing ?
by livesoft
Fri Jan 18, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790258

Re: U.S. stocks in free fall

When you use bonds as dry powder is this only within 5% of target locations or how high are you willing to go? It depends, but one can do some math to see what a meaningful percentage would be. If one puts an additional 3% of portfolio into equities and they go up 5%, then the portfolio gets 0.15% ...
by livesoft
Fri Jan 18, 2019 9:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790258

Re: U.S. stocks in free fall

Dry is in the mind of the beholder. I am constantly asked, "Where do you get the money to buy equities if you have no dry powder?" So many people do not consider a bond fund as dry powder. Maybe a bond fund is damp or wet powder?
by livesoft
Fri Jan 18, 2019 8:31 pm
Forum: Personal Consumer Issues
Topic: Importance of college summer internships??
Replies: 44
Views: 1824

Re: Importance of college summer internships??

Fast food and Publix are not waiting tables. I described many things that I see in small restaurants that I eat in all around the world. So why not buy her a restaurant and set her up in it? :)
by livesoft
Fri Jan 18, 2019 8:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790258

Re: U.S. stocks in free fall

You probably didn't notice that with my strategy I never have any dry powder. I am 100% invested all the time.
by livesoft
Fri Jan 18, 2019 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401K Quesiton
Replies: 2
Views: 212

Re: Fidelity 401K Quesiton

Your portfolio has some typos in what you put there. Your pic of 401(k) options show some very stale performance numbers. Do you have an IRA or other investing account? I'd use the S&P500 index fund in your 401(k) and none of the other funds. But I don't know your age and a bunch of other stuff abou...
by livesoft
Fri Jan 18, 2019 8:20 pm
Forum: Investing - Theory, News & General
Topic: Spreading 3 fund portfolio across brokers?
Replies: 15
Views: 757

Re: Spreading 3 fund portfolio across brokers?

You are too worried, but we are using 4 or 5 financial institutions without any problems. If you want to see what other places look and feel like, I see no reason not to try them out in a meaningful way. A plus might be that if Vanguard pisses you off, you can abandon them easily.
by livesoft
Fri Jan 18, 2019 8:08 pm
Forum: Personal Consumer Issues
Topic: Importance of college summer internships??
Replies: 44
Views: 1824

Re: Importance of college summer internships??

Waiting tables is a meaningful endeavor. She could learn quite a lot and create new menus, the daily specials cards, the placard out front that many restaurants have, the artwork in the windows, mailable flyers, ad copy, etc. Also she should know about PR and marketing herself and her personal brand...
by livesoft
Fri Jan 18, 2019 7:47 pm
Forum: Personal Consumer Issues
Topic: Importance of college summer internships??
Replies: 44
Views: 1824

Re: Importance of college summer internships??

I've had many interns working for me over the years. I wouldn't call any of them "leadership" positions other than they outcompeted some of their peers to get accepted to an internship. For the most part people who worked for me did meaningful work because preliminary results went into a grant or ma...
by livesoft
Fri Jan 18, 2019 7:31 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 58
Views: 3144

Re: Any admission pointers from pre- med/ med students?

A relative of mine did not get into med school until the 3rd try. Probably the working experience after college finally paid off. I don't know how unusual that is.
by livesoft
Fri Jan 18, 2019 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: etf vs index funds . tax efficiency
Replies: 16
Views: 623

Re: etf vs index funds . tax efficiency

Smk18 wrote:
Fri Jan 18, 2019 6:47 pm
Yes i am referring to an ETF vs an index mutual fund with similar er .does turnover rate matter in this regard?
Not for bond funds.
by livesoft
Fri Jan 18, 2019 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: etf vs index funds . tax efficiency
Replies: 16
Views: 623

Re: etf vs index funds . tax efficiency

Some ETFs are more tax efficient than some index funds. Some ETFs have the same tax-efficiency as some index funds.
by livesoft
Fri Jan 18, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Best kids savings account
Replies: 22
Views: 1799

Re: Best kids savings account

^I'm glad that someone caught that. Thanks! :sharebeer
by livesoft
Fri Jan 18, 2019 6:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790258

Re: U.S. stocks in free fall

You are correct, I do not use rebalancing triggers, I would love to learn what best works for you? What works well for me is to use a ReallyBadDay (defined elsewhere on the forum) as a trigger to buy equities no matter what my current asset allocation is. Then I use a 5% band above my nominally des...
by livesoft
Fri Jan 18, 2019 5:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790258

Re: U.S. stocks in free fall

Please let's not revive this thread, there is correlation every time this thread gains momentum US stocks fall. Market has not recovered yet to recoup my losses from December. :( That tells me that you do not use rebalancing triggers like I do. Did you do any exchanging of fixed income into equitie...
by livesoft
Fri Jan 18, 2019 4:02 pm
Forum: Investing - Theory, News & General
Topic: 401K matching and front loading
Replies: 15
Views: 1022

Re: 401K matching and front loading

You want to search the plan documents and the brains of the plan people for the words "true up." If no true up, then you won't get the most match unless you contribute each paycheck including bonus checks. My spouse's plan with no true up requires that she not hit the maximum until the very last pay...
by livesoft
Fri Jan 18, 2019 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump our wealth planner/financial advisor?
Replies: 38
Views: 2992

Re: Should I dump our wealth planner/financial advisor?

I am thinking that most people want to "Minimize Regret." That's my new replacement for the Swedroe need, ability, willingness for risk thing. You are now to the point where 1% on this size portfolio is creating regret for you. You will likely have some regret if you manage it yourself because you c...
by livesoft
Fri Jan 18, 2019 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - RMD
Replies: 19
Views: 1373

Re: Inherited IRA - RMD

^If waiting increases the chance of growth, then waiting would mean higher taxes on the withdrawal. Taking it out early would mean less taxes. The growth with still happen in the taxable account, but tax-efficiently and at a lower tax rate. Show me the math. :)
by livesoft
Fri Jan 18, 2019 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Help
Replies: 7
Views: 648

Re: Rebalancing Help

Are there any disadvantages to doing it this way (transaction costs or buying stocks high right now) in your opinions? I really appreciate any insight than any of you can give. Thanks. I would rebalance using the Roths because stocks are lower than they were at the peaks in 2018 despite a nice 12% ...
by livesoft
Fri Jan 18, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Child Turning 18 in a few weeks
Replies: 17
Views: 1230

Re: Child Turning 18 in a few weeks

One thing is that they probably should not be seeing a pediatrician anymore and should have an internist or family physician to see. There are some vaccinations that young adults probably should seriously consider.
by livesoft
Fri Jan 18, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Child Turning 18 in a few weeks
Replies: 17
Views: 1230

Re: Child Turning 18 in a few weeks

^I'd add special needs or learning differences to your thread title.
by livesoft
Fri Jan 18, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Details
Replies: 28
Views: 2013

Re: 529 Details

1) Nobody worries about it. Parents even give their kids cars and don't worry about it. Paying for stuff that is used for the welfare of your child is not a gift. 2) Yes, it matters. 3) Don't know for sure, but I am making sure all transactions are in the same tax year because that is really easy fo...
by livesoft
Fri Jan 18, 2019 11:54 am
Forum: Forum Issues and Administration
Topic: Log-In Issues January 17th around 5:00 PM CST
Replies: 4
Views: 290

Re: Log-In Issues January 17th around 5:00 PM CST

Yesterday was very special because Jack Bogle died. I think the forum was overwhelmed with people logging in.
by livesoft
Fri Jan 18, 2019 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Child Turning 18 in a few weeks
Replies: 17
Views: 1230

Re: Child Turning 18 in a few weeks

Mostly one can relax. We did NONE of the things you mentioned.

Get you son to take you out to dinner and make sure he is buying. Congrats on the first 18 years of your journey being almost completed. It never ends.
by livesoft
Fri Jan 18, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: CC conversion fee international travel
Replies: 5
Views: 164

Re: CC conversion fee international travel

Mine have worked that way. I checked spot exchange rates for the times I was using cards overseas and I always got a great rate with no additional fees.
by livesoft
Fri Jan 18, 2019 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1624

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

Since this thread started, the OP "lost" another 0.5% opportunity on his $500K in equities, but the bond portion is going the other way, so the net change is likely to be less than the $9,000 mentioned earlier in this thread. One can take some solace in that I suppose.
by livesoft
Fri Jan 18, 2019 11:28 am
Forum: Investing - Help with Personal Investments
Topic: TLH - trade date vs. settlement date
Replies: 6
Views: 141

Re: TLH - trade date vs. settlement date

On Saturday, 12/29/18, I exchanged shares of two funds for purposes of tax loss harvesting. According to Vanguard, the actual "trade date" was Monday, 12/31/18. Also, Vanguard shows that the "settlement date" for these TLH exchanges was in 2019, specifically Wednesday, 1/2/19. Which date counts for...
by livesoft
Fri Jan 18, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Self-Employed 401(k) Contribution Processing Time
Replies: 10
Views: 200

Re: Fidelity Self-Employed 401(k) Contribution Processing Time

snowman wrote:
Fri Jan 18, 2019 11:07 am
... I always stopped by at the local office. It was processed same/next day. I never mailed checks so no experience with that.
Same.
by livesoft
Fri Jan 18, 2019 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1624

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

What would you do at this point? Wait 1 more day with the funds in cash since we had two market up days? Or just buy in immediately regardless of the 1.5%+ that I just missed? I cannot predict the future, so I am not sure what I would do now, but here is what I have done in the past: In a situation...
by livesoft
Fri Jan 18, 2019 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1624

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

More seriously: $9,000 are some serious sushi lunches.

Years ago, I moved a larger 401(k), but I had it in fixed income, so didn't lose anything on the 5-day transfer. But then just after getting it back into equities, the market dropped 10%.
by livesoft
Fri Jan 18, 2019 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard
Replies: 59
Views: 1624

Re: Just missed a few days of gains rolling over 401K from Fidelity to Vanguard

Why was your 401(k) 100% in equities?

If it was 100% bonds, then you'd be ahead since they have dropped very very slightly in the past week.
by livesoft
Fri Jan 18, 2019 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 46
Views: 1581

Re: Differences in investment approach

DCA vs Lump Sum: https://www.bogleheads.org/forum/viewtopic.php?t=132098 Rebalancing: https://www.bogleheads.org/forum/viewtopic.php?t=149161 Value investing: https://www.bogleheads.org/forum/viewtopic.php?t=96441 kudos to stlutz for starting the above threads which were so contentious they got lock...
by livesoft
Fri Jan 18, 2019 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Help with Beginning Taxable Account
Replies: 6
Views: 508

Re: Help with Beginning Taxable Account

I think your taxable account should have one single fund in it for quite a while. You can use VTI for that or VTSAX. There appears to be some confusion on your part about what a wash sale is because of the "at the end of the year" comment. Be sure to read IRS Publication 550. As for your portfolio a...
by livesoft
Fri Jan 18, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock and All-World ex-US Small Cap Admiral Shares should launch February 5
Replies: 49
Views: 5610

Re: Vanguard Total World Stock and All-World ex-US Small Cap Admiral Shares should launch February 5

jhfenton wrote:
Thu Jan 17, 2019 10:00 am
According to a [url=https://www.sec.gov/Archives/edgar/data/8574There are still no tickers listed. Does anyone have any guesses for tickers?
I'll guess VFSWX for VSS/VFSVX
by livesoft
Fri Jan 18, 2019 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Retire in 2 years. Advice for plan for withdrawals, Roth conversions & SS
Replies: 49
Views: 4483

Re: Retire in 2 years. Advice for plan for withdrawals, Roth conversions & SS

1. Withdrawals – should we plan to withdraw the initial $50k/year from the Vanguard taxable accounts? And if so, should we currently be putting that money into a VG money market account for safety purposes We are adding $120k a year to the taxable account so this would be easy to do? We are about t...
by livesoft
Fri Jan 18, 2019 9:43 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Question:
Replies: 6
Views: 690

Re: TurboTax Question:

I thought all these tax prep software programs had pretty good explanations of "Where does this number come from?" If you right-click on a number, does a pop-menu give any clue?
by livesoft
Fri Jan 18, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Rolled Over 401k to IRA - Tax Documentation?
Replies: 5
Views: 263

Re: Rolled Over 401k to IRA - Tax Documentation?

My 1099-R is all the proof I needed and the IRS had it already.
by livesoft
Fri Jan 18, 2019 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Roth v. Trad for retiring USAF colonel w/30 years active duty
Replies: 11
Views: 1029

Re: Roth v. Trad for retiring USAF colonel w/30 years active duty

I suspect you will never use your retirement money in the traditional or Roth accounts anyways. Either you will QCD the traditional to charity since you will be so magnanimous or worse.

In any event, you will likely do some Roth conversions later in life.
by livesoft
Thu Jan 17, 2019 9:46 pm
Forum: Personal Consumer Issues
Topic: How to clean DSLR camera lens?
Replies: 9
Views: 533

Re: How to clean DSLR camera lens?

Youtube.com to the rescue:
https://www.youtube.com/watch?v=aj5y0p1RdUY
There are hundreds of such videos.
by livesoft
Thu Jan 17, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement
Replies: 3
Views: 313

Re: Best Bond Fund for Tax-Sheltered Space; still 20 years from retirement

Is the Total Bond Mkt Index (VBTLX) still the way to go? In this rising rate environment, what about moving it to a shorter-term fund such as Short-Term Index (VBIRX)? Then, once the Fed stops its rate hiking campaign, moving it back to VBTLX? Or would this be considered market timing? So what if i...
by livesoft
Thu Jan 17, 2019 9:30 pm
Forum: Investing - Theory, News & General
Topic: How are dividends reinvested in ETFs if you cannot purchase fractional shares?
Replies: 6
Views: 1010

Re: How are dividends reinvested in ETFs if you cannot purchase fractional shares?

YOU cannot purchase fractional shares, but YOUR BROKER can purchase fractional shares for you when they reinvest your dividends. So it works without any thought or effort on your part just like with a mutual fund. OTOH, if you choose not to automatically reinvest dividends, then you can manually inv...
by livesoft
Thu Jan 17, 2019 8:46 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 157
Views: 5756

Re: My trend following strategy and experience

Thanks for posting. It is important to publicly describe one's strategy because it helps one to follow it to the letter. Essentially this is your IPS. You are bold to have this for 100% of your assets. Or maybe you have stash of an 80/20 fund like a LifeStrategy Growth hanging around somewhere. That...
by livesoft
Thu Jan 17, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7080

Re: Should I buy a house in the Bay area or give up?

yosemite_mountain wrote:
Thu Jan 17, 2019 6:17 pm
Where did you find cheap rent? - my housing expenses keep increasing due to rising rents.
I lived on campus. However, my rent in 1990 was higher than my mortgage payments in 2000.
by livesoft
Thu Jan 17, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another wash sale question - buy/sale accross retirement and taxable accounts
Replies: 5
Views: 367

Re: Yet another wash sale question - buy/sale accross retirement and taxable accounts

I think it is pretty clear that FXAIX and FXAIX are substantially identical to each other. :)

But selling FXAIX in an IRA no matter whether a gain or loss will not trigger a wash sale. Read the IRS rules on a wash sale.