Search found 64617 matches

by livesoft
Mon Feb 11, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Item on Vanguard Brokerage 1099 package "Div-Foreign Corp"
Replies: 13
Views: 398

Re: Item on Vanguard Brokerage 1099 package "Div-Foreign Corp"

RickBoglehead wrote:
Mon Feb 11, 2019 9:14 am
Since you own stock in a foreign company, you have to indicate that on your taxes.
Where would one indicate that on their tax return? I think that is the underlying question of the OP.
by livesoft
Mon Feb 11, 2019 7:42 am
Forum: Investing - Theory, News & General
Topic: Individual Responses to Realized Gains and Losses
Replies: 2
Views: 260

Re: Individual Responses to Realized Gains and Losses

It means that if one sells for a loss, then one should buy replacement shares and not just spend the cash. I skimmed the paper, HOWEVER, if people need to raise cash to pay for something, then the most tax-efficient way is likely to be sell the losing position, then make adjustments in another accou...
by livesoft
Mon Feb 11, 2019 7:29 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 295
Views: 52579

Re: TLH for absolute dummies [Tax Loss Harvesting]

1. Vanguard sent 1099B reflecting the above. The "Wash sale loss disallowed" column seems to include all the dividends that were reinvested within 30 day prior to the TLH across all my VTSAX and VTIAX funds in all of Vanguard accounts. Given all the above, I should be good if I simply enter the 109...
by livesoft
Sun Feb 10, 2019 7:44 pm
Forum: Personal Consumer Issues
Topic: Passport Photos ?
Replies: 85
Views: 3525

Re: Passport Photos ?

Don't forget that many visa applications require a photo, too.
by livesoft
Sun Feb 10, 2019 7:29 pm
Forum: Investing - Theory, News & General
Topic: How Investing Ability Changes With Age --blog post
Replies: 33
Views: 2416

Re: How Investing Ability Changes With Age --blog post

Vulcan wrote:
Sun Feb 10, 2019 6:38 pm
livesoft wrote:
Sun Feb 10, 2019 3:22 pm
The major take-away from this is that I should ignore advice from anyone on this forum who is older than about age 55.
Is this an advice to the rest of us?
How old are you, livesoft?;)
I am in my sixties nowadays. But yes, I have no problem if my advice is ignored.
by livesoft
Sun Feb 10, 2019 7:27 pm
Forum: Personal Consumer Issues
Topic: Passport Photos ?
Replies: 85
Views: 3525

Re: Passport Photos ?

I make my own and print them out on my color printer. I realize that many people are way too worried to do this themselves, but it really is not hard if you are already used to printing photos yourself. On a Regular Paper or Glossy Paper? Glossy photo paper is what I've always used. I gotta use the...
by livesoft
Sun Feb 10, 2019 5:16 pm
Forum: Investing - Theory, News & General
Topic: Tax efficiencies of combination of funds
Replies: 6
Views: 686

Re: Tax efficiencies of combination of funds

international001 wrote:
Sun Feb 10, 2019 5:13 pm
Interestingly, I see in the spreadsheet from above that VEU is more tax efficient that holding its components, VEA and VWO. Why?
The components of VEU are NOT VEA and VWO since VEU contains no small caps.

The components of VXUS might be VEA and VWO. And they could be VEU and VSS, too.
by livesoft
Sun Feb 10, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Passport Photos ?
Replies: 85
Views: 3525

Re: Passport Photos ?

I make my own and print them out on my color printer. I realize that many people are way too worried to do this themselves, but it really is not hard if you are already used to printing photos yourself.
by livesoft
Sun Feb 10, 2019 4:28 pm
Forum: Personal Consumer Issues
Topic: Travel to Cuba
Replies: 36
Views: 2626

Re: Travel to Cuba

Summit111 wrote:
Sun Feb 10, 2019 1:59 pm
We bought Santiago Rum and Cuban cigars at the duty free shop in the Cienfuegos Airport once we went through security.
FWIW, my spouse bought Cuban cigars in Cuba for her crew back in the US, but when she went to Bermuda, she found them all cheaper there.
by livesoft
Sun Feb 10, 2019 4:25 pm
Forum: Personal Investments
Topic: Rick Ferri hourly advice firm
Replies: 4
Views: 1386

Re: Rick Ferri hourly advice firm

I have no info other than that podcast. It is pretty darn easy to contact Rick Ferri directly.
by livesoft
Sun Feb 10, 2019 4:01 pm
Forum: Personal Investments
Topic: Impact of tax (in)efficiency
Replies: 10
Views: 1164

Re: Impact of tax (in)efficiency

There is a spreadsheet available to figure out one's personal cost. But one has to understand the spreadsheet and populate the cells with proper numbers.

See: viewtopic.php?t=242137
by livesoft
Sun Feb 10, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Cap Gains, Dividends and Tax Loss Harvesting
Replies: 16
Views: 728

Re: Cap Gains, Dividends and Tax Loss Harvesting

dangermouse wrote:
Sun Feb 10, 2019 3:46 pm
Ok thanks for the clarification. Are you aware of any good tax software that allows for simulations of different scenarios?
HR Block tax prep software download version lets one simulate any tax return.
by livesoft
Sun Feb 10, 2019 3:43 pm
Forum: Investing - Theory, News & General
Topic: Cap Gains, Dividends and Tax Loss Harvesting
Replies: 16
Views: 728

Re: Cap Gains, Dividends and Tax Loss Harvesting

Ok thanks for the clarification and healthy discussion, knowledge is certainly power, hence why I am trying to get some. So let's say a person has $1,000,000. The only income this person is taking is from Qualified Dividends (say 2% dividend yield for ease), so roughly $20,000. They have no other i...
by livesoft
Sun Feb 10, 2019 3:22 pm
Forum: Investing - Theory, News & General
Topic: How Investing Ability Changes With Age --blog post
Replies: 33
Views: 2416

Re: How Investing Ability Changes With Age --blog post

The major take-away from this is that I should ignore advice from anyone on this forum who is older than about age 55.
by livesoft
Sun Feb 10, 2019 3:09 pm
Forum: Personal Consumer Issues
Topic: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)
Replies: 63
Views: 5570

Re: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)

First, I decided on a car that I wanted. Second, I went to a web site where people who had bought that car reported all their out-the-door prices. I could see what all these folks actually paid. The lowest prices were always lower than any of the car pricing web sites. Third, I went to the dealer ar...
by livesoft
Sun Feb 10, 2019 3:03 pm
Forum: Personal Investments
Topic: Help name a new analytics firm
Replies: 31
Views: 1708

Re: Help name a new analytics firm

Hmmm, I wouldn't use Theralytical because it is too close to Theralytics and Theranos.
by livesoft
Sun Feb 10, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: What index stocks are on undervalued now? What site do people use to determine this?
Replies: 27
Views: 2347

Re: What index stocks are on "sale" now? What site do people use to determine this?

I understand that US stocks are widely considered overpriced right now. I also understand that international and emerging stocks are possibly undervalued right now. i.e. stocks revert to the mean. 1. Is this generally true? 2. What other stocks are on sale right now? 3. What web sites do people use...
by livesoft
Sun Feb 10, 2019 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Pay for Grandsons college tuition with Ibonds
Replies: 6
Views: 348

Re: Pay for Grandsons college tuition with Ibonds

Doesn't work for grandson. It has to be one of your dependents or your spouse. Also there are income limits for folks who do have a child with college education expenses.

See Form 8815.
by livesoft
Sun Feb 10, 2019 12:50 pm
Forum: Personal Investments
Topic: My Incomplete 1099-B?
Replies: 8
Views: 346

Re: My Incomplete 1099-B?

If you had your account switched from old-style mutual fund account to new-style Vanguard BS account, then I think you will probably get two separate 1099-B forms. This may even be posted in a message to you from Vanguard. I am not sure because I don't make any transactions in my one old-style Vangu...
by livesoft
Sun Feb 10, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: Cap Gains, Dividends and Tax Loss Harvesting
Replies: 16
Views: 728

Re: Cap Gains, Dividends and Tax Loss Harvesting

^I would not let the fact that I made some of the dividend non-qualified prevent me from tax-loss harvesting. I think one can easily do the calculation to see how much one's taxes would change if more of that particular dividend switched from qualified to non-qualified. The reality could be that the...
by livesoft
Sun Feb 10, 2019 12:01 pm
Forum: Investing - Theory, News & General
Topic: Cap Gains, Dividends and Tax Loss Harvesting
Replies: 16
Views: 728

Re: Cap Gains, Dividends and Tax Loss Harvesting

So both of your 1 and 2 at not quite correct. To get the correct information, go to the source. Go to the IRS. Please read IRS Publication 550. You can search in that publication a little bit for things like "Qualified Dividend", but you should read the entire thing at some point. And I would like t...
by livesoft
Sun Feb 10, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Received 2 W-2s from same employer - what to do
Replies: 9
Views: 785

Re: Received 2 W-2s from same employer - what to do

Does one of them say "Corrected" ????

My spouse received a corrected w-2, then a correction to the corrected W-2, then a corrected to the correction to the corrected W-2. The payroll/HR had to send out a 5 page explanation of their screw ups.
by livesoft
Sun Feb 10, 2019 10:36 am
Forum: Personal Investments
Topic: VTWAX in taxable- tax loss harvesting
Replies: 3
Views: 464

Re: VTWAX in taxable- tax loss harvesting

Only you know what works for you. You could also have all 3 if you wanted.
by livesoft
Sun Feb 10, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 24657

Re: Cost of college and 529

marcopolo wrote:
Sun Feb 10, 2019 10:32 am
Yes, if you qualify for it, AOTC should be used first. Not clear if Vulcan would qualify based on income close to $200k
If that is gross income before reductions for health insurance and retirement contributions, then after those it should be no problem.
by livesoft
Sun Feb 10, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 24657

Re: Cost of college and 529

It would be more tax efficient if some of those dollars came from a 529 plan instead of a taxable account. Perhaps, but if one uses $4,000 from taxable to get a $2,500 tax credit via the AOTC, I don't think that can be beat by a 529 plan, can it? (Yes, I do realize that many folks are not eligible ...
by livesoft
Sun Feb 10, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: How many hours do you work and what do you outsource
Replies: 88
Views: 7343

Re: How many hours do you work and what do you outsource

WildBill wrote:
Sun Feb 10, 2019 10:01 am
Interesting. Why acrylic vs the other choices?
viewtopic.php?p=3798574#p3798574

Inexpensive, dry quickly, keep feet warm when wet, no special washing needed, not fragile, don't stink, and studies show acrylic is among lowest blister frequency for military recruits.
by livesoft
Sun Feb 10, 2019 10:06 am
Forum: Personal Investments
Topic: What funds for a fully balanced portfolio in a taxable account?
Replies: 10
Views: 848

Re: What funds for a fully balanced portfolio in a taxable account?

For US equities:
VTSAX, VLCAX, VFIAX or their ETFs

For Int'l equities:
VTIAX, VFWAX, VTMGX or their ETFs

For muni bonds
There are two Vanguard tax-exempt muni bonds mentioned all the time on the forum. I would like you to post their names and ticker symbols. Thanks!
by livesoft
Sun Feb 10, 2019 9:46 am
Forum: Personal Investments
Topic: What funds for a fully balanced portfolio in a taxable account?
Replies: 10
Views: 848

Re: What funds for a fully balanced portfolio in a taxable account?

I don't think the previous responder thought at all about tax efficiency. Typically the 3-fund portfolio is recommended for folks who want to think about rebalancing. The bond fund used will be a national tax-exempt muni bond fund and if warranted by one's state income taxes, a state-tax-exempt muni...
by livesoft
Sun Feb 10, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: Travel to Cuba
Replies: 36
Views: 2626

Re: Travel to Cuba

My spouse went to Cuba for a week. Had a GREAT time! She would go back in a heart beat. She also went with a tour group that arranged flight from Florida, hotels & homes to stay in, luggage transfer, etc. Basically, Cubans know how to treat tourists well even though one is not staying in the Ritz Ca...
by livesoft
Sun Feb 10, 2019 5:38 am
Forum: Investing - Theory, News & General
Topic: is rebalancing loosely akin to market timing?
Replies: 59
Views: 2522

Re: is rebalancing loosely akin to market timing?

Some investors do market timing by not rebalancing. Here are a couple of ways that happens: 1. If there is a big stock market run-up, they will rebalance back down to their asset allocation. But if there is a big market drop, they will wait until the stock market recovers instead of rebalancing into...
by livesoft
Sun Feb 10, 2019 4:52 am
Forum: Personal Consumer Issues
Topic: How many hours do you work and what do you outsource
Replies: 88
Views: 7343

Re: How many hours do you work and what do you outsource

Luckywon wrote:
Sat Feb 09, 2019 11:21 pm
Do you have a source for those socks?
Kohl's has many Gold-toe socks. I always buy the mostly acrylic ones and not cotton, not wool.
by livesoft
Sat Feb 09, 2019 8:20 pm
Forum: Investing - Theory, News & General
Topic: Tax efficiencies of combination of funds
Replies: 6
Views: 686

Re: Tax efficiencies of combination of funds

There is no point in believing anything that Morningstar states about tax cost ratio for one's own personal situation. Furthermore, I doubt Morningstar even considers the foreign tax credit in its algorithm.
by livesoft
Sat Feb 09, 2019 7:36 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 60
Views: 3767

Re: Recommendation for home gym (limited space)

Pigeye Brewster wrote:
Sat Feb 09, 2019 7:11 pm
So the flow chart of laundry in the Livesoft household is: laundry room -> dining room table -> exercise equipment?
Correct. In the winter, the exercise equipment has summer clothes on it and in the summer it has winter clothes on it.
by livesoft
Sat Feb 09, 2019 6:01 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 60
Views: 3767

Re: Recommendation for home gym (limited space)

Whatever equipment or device you get, make sure that you can hang some clothes on it.
by livesoft
Sat Feb 09, 2019 5:54 pm
Forum: Investing - Theory, News & General
Topic: is rebalancing loosely akin to market timing?
Replies: 59
Views: 2522

Re: is rebalancing loosely akin to market timing?

Of course it is. Some people might say that market timing is based on predicting the future, while rebalancing is looking at the past. In reality, market timers look at the past and rebalancers predict the future, too. Also many people believe that market timing is going from 100% cash to 100% equit...
by livesoft
Sat Feb 09, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Advice with 529 for a single mom
Replies: 21
Views: 1311

Re: Advice with 529 for a single mom

Just get admitted to several colleges and apply for financial aid at all of them. Ignore the external 529 plan for now. Then, after seeing financial aid packages, come back and ask questions.
by livesoft
Sat Feb 09, 2019 5:46 pm
Forum: Personal Investments
Topic: Rebalancing advice for 83 yr old woman
Replies: 12
Views: 1246

Re: Rebalancing advice for 83 yr old woman

You probably don't need to change a thing. It seems to have gotten you this far, so what is causing you to worry about this?

I will state this: One should not invest for income. One should invest for total return.
by livesoft
Sat Feb 09, 2019 5:38 pm
Forum: Personal Investments
Topic: Need advice on personal situation [may return to Europe]
Replies: 15
Views: 1707

Re: Need advice on personal situation

We moved from Europe to live near NYC. Eventually we were your ages and had a child in daycare and always rented, but we made a lot less money in very demanding jobs. We were investing for a home down payment anyways. Time helps. Also moving out of the area was very helpful. I am not sure what your ...
by livesoft
Sat Feb 09, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 60
Views: 3767

Re: Recommendation for home gym (limited space)

Atilla wrote:
Sat Feb 09, 2019 5:08 pm
Five minute plank in the morning ....
I want to see a video of that. :)
by livesoft
Sat Feb 09, 2019 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: 2 years in community college, then transfer? need opinion please
Replies: 118
Views: 5442

Re: 2 years in community college, then transfer? need opinion please

Tdubs wrote:
Sat Feb 09, 2019 5:03 pm
This is Austin CC we are talking about. It is certain they have an articulation agreement with UT that will make the transfer seamless.
There is no reason to wonder or guess about this. Ask them directly. And Austin CC is not the same as Austin College.
by livesoft
Sat Feb 09, 2019 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: 2 years in community college, then transfer? need opinion please
Replies: 118
Views: 5442

Re: 2 years in community college, then transfer? need opinion please

He should apply for financial aid. If he can get admitted to UT Austin which is hard to do without very good grades, then he should explore all his financial aid options. It would be better to get admitted freshman year and defer going because of lack of money than to not try to get in and go to CC....
by livesoft
Sat Feb 09, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 1560

Re: Would you eat lab grown meat?

I mainly eat chicken for protein, but would consider insects if it was palletable and sustainable I don't think insects have that much protein in them. Not everyone agrees with you. PJW I get that. Many people also believe that the exoskeleton of insects is made of protein. It is made of a polysacc...
by livesoft
Sat Feb 09, 2019 4:32 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 60
Views: 3767

Re: Recommendation for home gym (limited space)

My living room has a weight bench with free weights, but it is rarely used despite a BS in Kinesiology in the household. I use body weight exercises and some dumbbells. I have a pull-up bar placed in my bathroom walk-in closet where I can pop-off a few whenever I walk under it which is a few times a...
by livesoft
Sat Feb 09, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 1560

Re: Would you eat lab grown meat?

Cycle wrote:
Sat Feb 09, 2019 3:36 pm
I mainly eat chicken for protein, but would consider insects if it was palletable and sustainable
I don't think insects have that much protein in them.
by livesoft
Sat Feb 09, 2019 3:55 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 1560

Re: Would you eat lab grown meat?

Folks eat and drink lab-grown stuff all the time. For instance, any fermented product such as wine and beer is essentially "lab grown." Cheese is for all practical purposes lab-grown as well. But there is no lab-grown meat now. That is a disparaging term that ranchers and other meat producers along ...
by livesoft
Sat Feb 09, 2019 2:04 pm
Forum: Personal Investments
Topic: How to trade index funds by percentage on Fidelity?
Replies: 9
Views: 569

Re: How to trade index funds by percentage on Fidelity?

Making 4 trades was just an over simplified example to make my question clearer. It would be more inconvenient when you have more funds to trade. You might want to trade 40 funds instead of just 4. If that would be the case, then I would say the portfolio is not set up properly. We've had as many a...
by livesoft
Sat Feb 09, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: Thoreau Simplify
Replies: 58
Views: 5552

Re: Thoreau Simplify

Thoreau also was not a particularly good woodsman. He let his camp fires burn down all the trees on mountain sides and took no precautions to not repeat that.
by livesoft
Sat Feb 09, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Impact of Historical Income Tax Payments on Retirement Budget?
Replies: 7
Views: 620

Re: Impact of Historical Income Tax Payments on Retirement Budget?

Income taxes and other taxes are part of your expenses, so include them in your expenses when making projections. As for what your taxes will be, as already noted one can fill out a tax return for your future self today and see what your future self would have to pay if they went back in time to 201...
by livesoft
Sat Feb 09, 2019 10:39 am
Forum: Personal Consumer Issues
Topic: Shopping for a car after 10+ years
Replies: 21
Views: 1685

Re: Shopping for a car after 10+ years

When I shopped for used cars, I found CarMax higher than the dealer. In terms of prices that I looked at, high to low: CarMax > TrueCar > CostCo > Dealer > Individual I am sure others have found a different order. And it is true that your negotiating skills play a part in getting a lower price than ...
by livesoft
Sat Feb 09, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Advice for handling life insurance payout
Replies: 13
Views: 1299

Re: Advice for handling life insurance payout

^Then might as well open the individual account now and set up billpaying through it. That way the spouse will learn about finances and using an online bank account before the OP's demise.