Search found 57982 matches

by livesoft
Sun Jan 14, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Investment Advice - ETF vs. Admiral Shares?
Replies: 15
Views: 1147

Re: Taxable Investment Advice - ETF vs. Admiral Shares?

As long as your Vanguard mutual funds are held at Vanguard, then you do not need worry about conversion from Investor to Admiral because there is no selling and repurchase involved. It may not happen automatically in a timely fashion and what someone like me calls easy may not be what someone like y...
by livesoft
Sun Jan 14, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Unwinding Stocks - Where to Start?
Replies: 21
Views: 1287

Re: Unwinding Stocks - Where to Start?

One more thing:

You can have your broker send you an alert when any of your stocks goes up by say 2.5% or more from the previous close. This would alert you to consider selling that day since that would be an unusual price movement.
by livesoft
Sun Jan 14, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding Stocks - Where to Start?
Replies: 21
Views: 1287

Re: Unwinding Stocks - Where to Start?

BL means they didn't actually read carefully. You have no mutual funds with C shares.
by livesoft
Sun Jan 14, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding Stocks - Where to Start?
Replies: 21
Views: 1287

Re: Unwinding Stocks - Where to Start?

It looks like rolling a pair of dice might be as good a way as any to make the decision. Usually folks would sell shares with highest cost basis and least percentage gains. They would also sell all losing positions or lots of each holding that had losses. They would give away to charity or to their ...
by livesoft
Sun Jan 14, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Using Tax Exempt Dividends to Fund IRA?
Replies: 5
Views: 241

Re: Using Tax Exempt Dividends to Fund IRA?

Money is money whether it is in your left pocket or your right pocket. That is, money is fungible. How does putting money from your paychecks into IRAs differ from putting money from your investment income into IRAs? Can you please explain? How does that save any money at all on taxes? Example: Payc...
by livesoft
Sun Jan 14, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Liquidating Vanguard funds
Replies: 2
Views: 659

Re: Liquidating Vanguard funds

What are you going to use the Vanguard funds for anyways? Your coffin and burial plot? We saved in a taxable account for a home down payment and invested in Vanguard funds. We sold enough of the fund shares to make the down payment. For me to tell you what to sell, I would like to know the unrealize...
by livesoft
Sun Jan 14, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 42
Views: 4242

Re: Nostalgic about old online brokerages that no longer exist

I wonder if others have similar stories of their meandering accounts over the years. Or do Bogleheads just open up an account with Vanguard or Fidelity right out of high school and never look back? I've had accounts at Vanguard since the early 1980s, so more than 35 years. Had an account at Fidelit...
by livesoft
Sun Jan 14, 2018 10:29 am
Forum: Investing - Help with Personal Investments
Topic: VFAIX [Vanguard Financials Index]
Replies: 5
Views: 239

Re: VFAIX

No, this is not a good fund to invest in. Don't do it.
by livesoft
Sun Jan 14, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Expense ratio, turnover ratio, taxes vs fund performance
Replies: 8
Views: 472

Re: Expense ratio, turnover ratio, taxes vs fund performance

Would it be wise to hang onto these funds if their rates of return since inception have been 12.54% since 1967 with ER of .68% for F contrafund. Or TRow price growth stock inv 11% since 1950 with ER of of .68%. It would be wise to have a Time Machine and go back to 1950 and 1967 invest. But surely ...
by livesoft
Sun Jan 14, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Funding 529s and retirement from taxable investment accounts
Replies: 11
Views: 774

Re: Funding 529s and retirement from taxable investment accounts

While we have used 529 plans, our income is low enough to use the education tax credits by paying non-529 money for some of college tuition. Those are described in IRS publication 970 which everyone who intends to help pay for someone's college should read. Example: Pay $4,000 and get $2,500 back. T...
by livesoft
Sun Jan 14, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: wireless dead again - router suggestions?
Replies: 35
Views: 1679

Re: wireless dead again - router suggestions?

Is it possible that your wife's laptop is using a duplicate IP address? An address that has already been assigned to another device on your home network? Check the network connection properties on her laptop - specifically the TCP/IP v4 settings and make sure she is using DHCP and not static (both ...
by livesoft
Sun Jan 14, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 103
Views: 5630

Re: Looking for a reasonably priced, safe international destination

Bermuda. It will be full of Americans then which could make it very dangerous.
by livesoft
Sun Jan 14, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2106

Re: Do you correct cashier mistakes?

Of course. A couple weeks ago, I said, "Did you get that under there?" "Oh! No, I didn't, so you get it for free."
by livesoft
Sun Jan 14, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Individual stocks in an IRA?
Replies: 9
Views: 467

Re: Individual stocks in an IRA?

My mom and my mother-in-law loved to play with their stocks. When they died, all inherited stocks were sold and the money was invested in each heir's own asset allocation plan. At least for us there was no need to think about what to do with the stocks because stocks were not part of our plan at all...
by livesoft
Sun Jan 14, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Revised
Replies: 15
Views: 976

Re: Asset Allocation Revised

I don't understand what is going on here. If you don't like equities / stocks, then don't buy them. The question should be: Will your money last as long as needed if it just stays in cash and/or high quality Treasuries? If the answer is Yes, then there is your answer.
by livesoft
Sun Jan 14, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5312

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

Finridge wrote:
Sun Jan 14, 2018 1:26 am
Of course because there is a chance that VBTLX will have gone up by 0.46% by the time you will have bought in at the market close price, it is NOT guaranteed! :D
We better all switch to ETFs then because mutual funds can screw us over with their their unpredictable prices.
by livesoft
Sun Jan 14, 2018 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Investment Advice - ETF vs. Admiral Shares?
Replies: 15
Views: 1147

Re: Taxable Investment Advice - ETF vs. Admiral Shares?

. Do I need to worry if I were to convert from Investor share to Admiral share? Is that conversion an easy process, done automatically, or would I need to involve an agent for that? I don't understand the question. Why would you care or worry either way? The process could be not easy, not done auto...
by livesoft
Sun Jan 14, 2018 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?
Replies: 39
Views: 4255

Re: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?

Lots of folks go with adding a small-cap value index fund and a small-cap foreign index fund. Check out VSIAX / VBR and VFSVX / VSS. (Full disclosure: These are my top two single holdings in the equity part of my portfolio.) See also: https://www.bogleheads.org/forum/viewtopic.php?t=38374 And since ...
by livesoft
Sat Jan 13, 2018 9:37 pm
Forum: Investing - Theory, News & General
Topic: No more TDA Apex?
Replies: 9
Views: 808

Re: No more TDA Apex?

If everybody got "promoted" to Apex, then it would not be a reason to move on. :)

I wish Vanguard would save some money and drop the Investor share class and just have Admiral for everybody, but without the higher initial minimums.
by livesoft
Sat Jan 13, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Renting in NYC for a new college grad. Best practices?
Replies: 23
Views: 1867

Re: Renting in NYC for a new college grad. Best practices?

Another idea: Marry grad student who lives in university housing.
by livesoft
Sat Jan 13, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5312

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

Hey, I'm working on Thaler-esque nudges here. Thank you. :| Even better: For folks who waited to rebalance from equities to bonds since the beginning of the year their money they are moving has gained 4+% in 2018 and will end up about 0.5% better than the bond fund it is going into, so that will pr...
by livesoft
Sat Jan 13, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1185

Re: Roth conversion confusion

^Thanks for that. I'm looking at Pub 590-B and it would be nice to search on the words "month", "half", "June", and "July" find something. Nothing.
by livesoft
Sat Jan 13, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Renting in NYC for a new college grad. Best practices?
Replies: 23
Views: 1867

Re: Renting in NYC for a new college grad. Best practices?

Find roommates, preferably friends who already have a place rented.
by livesoft
Sat Jan 13, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking the use of Vanguard Total Bond Fund in my 3 Fund Porfolio
Replies: 5
Views: 870

Re: Rethinking the use of Vanguard Total Bond Fund in my 3 Fund Porfolio

A clarification: Treasuries are not exempt from Federal taxes, but are exempt from State taxes.

Do not forget to look at not only "outperform", but also "underperform" because many people do not like to have a drop more than total bond index.
by livesoft
Sat Jan 13, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax-Efficient Portfolio for Taxable account
Replies: 5
Views: 464

Re: Help with Tax-Efficient Portfolio for Taxable account

Do you really need to have 80/20 in taxable? I ask because many investors put the bond fund in their 401(k) and leave taxable at 100% stocks. That is, they don't need the same asset allocation in all of their separate accounts as long as the asset allocation for all of them together is where they wa...
by livesoft
Sat Jan 13, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 32
Views: 3681

Re: AA is much harder than I thought...

I like these stray observations. It is always interesting to me to see behavioral finance/economics tricks and traps popping up routinely at bogleheads.org. I have just come to expect it. Key phrases that signal these things are: "peace of mind", "piece of mind", "sleep well at night", "mental accou...
by livesoft
Sat Jan 13, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: How to enter transactions into finance software
Replies: 8
Views: 436

Re: How to enter transactions into finance software

In any case - if you are back-filling purchases - the guidance from both Quicken and MS Money is to enter the 2 known amounts you have - Number of Shares and Total purchase amount and let the program calculate the price. This will let you enter the transactions from Fidelity where they are only pro...
by livesoft
Sat Jan 13, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Rolling old Roth IRAs to 529s
Replies: 22
Views: 757

Re: Rolling old Roth IRAs to 529s

We borrowed money from a 401(k) plan and put it in 529 plans. The money came from a bond fund in the 401(k) plan and went into a bond fund in the 529 plans. The interest paid on the loan went into the 401(k) plan and was higher than the yield of the bond fund. The bond fund in the 529 plans had abou...
by livesoft
Sat Jan 13, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Which Vanguard Small Cap Fund
Replies: 5
Views: 535

Re: Which Vanguard Small Cap Fund

I expect the differences are mostly historical back before ETFs were invented and tax-managed funds had a 5-year back-end early redemption fee. You can look for yourself at a. Expense ratios. b. One has an ETF share class (helps with tax-efficiency and transfer to a non-Vanguard broker) and one does...
by livesoft
Sat Jan 13, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: AA Update, and requesting additional help
Replies: 2
Views: 122

Re: AA Update, and requesting additional help

Question: Isn't FSGDX an international equity index fund? Bond funds are generally to be avoided in taxable if you can put them in tax-deferred. If tax-deferred is full of bond funds already, then you can consider a municipal tax-exempt bond fund in taxable if you are in a non-low marginal income ta...
by livesoft
Sat Jan 13, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Rolling old Roth IRAs to 529s
Replies: 22
Views: 757

Re: Rolling old Roth IRAs to 529s

It doesn't make sense to move them to 529 plans at all. They are already tax-free, so there is no benefit to moving to a 529 plan. If you are not going to qualify for financial aid, then that means you have enough non-Roth wealth and income to pay for your children's colleges anyways and will not ne...
by livesoft
Sat Jan 13, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in international etf in Roth IRA
Replies: 2
Views: 116

Re: Investing in international etf in Roth IRA

I believe the OP is writing about foreign taxes paid at the source and not US taxes.

In any case, it is perfectly OK to put passively-managed, low-expense ratio international funds (such as Vanguard ETFs) in a Roth IRA, a traditional IRA, and/or a regular taxable account.
by livesoft
Sat Jan 13, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: How to enter transactions into finance software
Replies: 8
Views: 436

Re: How to enter transactions into finance software

I don't know moneyspire. I enter my transactions into the free MS Money by hand whenever is convenient for me. At one point, I decided to enter old transactions, say earlier than 2007, so I just did one statement a week or a few occasionally until I was done. I was really in no hurry. So I don't kno...
by livesoft
Sat Jan 13, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1185

Re: Roth conversion confusion

And somebody born after June 30th cannot be 70.5 until the next year? Is that right? Didn't this question come up before since June 30th is either the 181st or 182nd day of the year and the 365/2 day comes later than that.
by livesoft
Sat Jan 13, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: wireless dead again - router suggestions?
Replies: 35
Views: 1679

Re: wireless dead again - router suggestions?

My spouse bought a new laptop. Ever since, we have had wireless problems whenever she users her laptop to stream videos. Rebooting the router fixes the problem. When she is not home, I've had no problems whatsoever and I stream videos all the time.
by livesoft
Sat Jan 13, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1185

Re: Roth conversion confusion

I am not afraid of RMDs myself. I know that the standard deduction will make $24,000 of RMDs become untaxed in 2018.
by livesoft
Sat Jan 13, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1185

Re: Roth conversion confusion

retiredjg wrote:
Sat Jan 13, 2018 10:39 am
You will be 70.5 in June of 2020 ...
June? You mean July right? Nobody born in 1950 can be 70.5 until after June 30th of 2020.
by livesoft
Sat Jan 13, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7679

Re: Heading for a top?

@nisiprius, thanks! It seems a 0.2% difference in CAGR may be close to the difference in expense ratio. The point that it is difficult for any 'active' manager to outperform index funds is well taken. As for the 0.67% current expense ratio of being below average, I read somewhere recently that the a...
by livesoft
Sat Jan 13, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: How to enter transactions into finance software
Replies: 8
Views: 436

Re: How to enter transactions into finance software

Why would Fidelity use Average Cost for one account but not for others? For various reasons. For one thing, Average Cost is only allowed for mutual funds, but not for stocks and not for many ETFs. For another thing, one can specify the cost basis method at many brokerages. I don't know how Fidelity...
by livesoft
Sat Jan 13, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: How to enter transactions into finance software
Replies: 8
Views: 436

Re: How to enter transactions into finance software

It seems your Fidelity account is set to "Average Cost" which is common for mutual funds. So that is NOT the price you paid for each transaction. You will have to find some other place to see the transactions. Maybe look at historical statements? My Fidelity account says "You can access up to 10 yea...
by livesoft
Sat Jan 13, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7679

Re: Heading for a top?

VBIAX is not a suitable benchmark because it contains zero, (0.00%) of international equities. Select another time frame where international funds did well and VBIAX should have done worse during that time frame. Of course, I suppose one could say, "Well, tactical asset allocators should have know t...
by livesoft
Sat Jan 13, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 33
Views: 2147

Re: Vanguard Personal Advisory Services Fees

I can continue to do on my own but my wife has zero interest in this and if I pass on, I wonder what she will do. I would ask her then what she will do. I have seen where the surviving spouse didn't want to continue with the advisor that the deceased spouse had picked, so there's that, too. For ins...
by livesoft
Sat Jan 13, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Consulting side gig while at mega corp
Replies: 25
Views: 2125

Re: Consulting side gig while at mega corp

Yes, mega corp needs to know about this. But it would be unusual that this was not stated in the employment agreement that you signed in order to work for mega corp. Maybe all those papers are a blur, so dig them out and re-read them, too. This doesn't mean that you cannot have a side gig, but what ...
by livesoft
Sat Jan 13, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5312

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

For an extra kick I want to point out that the ETF share class BND has a reported -0.66% total return so far for 2018, so that is very helpful.

The Short-term Bond funds VCSH, VSCSX, and SPSB are places to get the money to buy Total Bond Index.
by livesoft
Sat Jan 13, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5312

It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

I thought you all would like to see how to outperform the Vanguard Total Bond Index Fund for 2018 with basically the same risk and absolutely Guaranteed! Morningstar.com reports that VBTLX now has a YTD return of -0.46%. So all you have to do is buy VBTLX on Tuesday and you will by definition (guara...
by livesoft
Sat Jan 13, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Help me pick a bond fund
Replies: 19
Views: 1440

Re: Help me pick a bond fund

I'd ask my wife to do us a favor and not think about her account as her own separate portfolio and put the bond fund in her account. Indeed, we have done exactly that for many years until her 401(k) changed to have an index fund.