Search found 57954 matches

by livesoft
Fri Jan 12, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: The Backdoor Roth IRA
Replies: 4
Views: 365

Re: The Backdoor Roth IRA

Yes, that it is.

Typically the contribution to a traditional is non-deductible, so Form 8606 is involved.

Image

In reality, the "taxable event" should be no additional taxes if the non-deductible traditional IRA has no gains before conversion.
by livesoft
Fri Jan 12, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance.
Replies: 6
Views: 466

Re: Help with inheritance.

I have told my children that if they ever inherit money and/or investments from me that they should not attach any emotional significance to that. My asset allocation and investments are not their desired asset allocation and investments. They should use the money to invest as they see fit or spend ...
by livesoft
Fri Jan 12, 2018 7:57 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 31
Views: 1567

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

What does a lower tax bracket have to do with it if you are not going to be withdrawing the money in 2026 especially if you are still working?

I think most people will still be in a lower tax bracket when they withdraw the money in retirement even after tax rates go up.
by livesoft
Fri Jan 12, 2018 6:07 am
Forum: Investing - Help with Personal Investments
Topic: Early RMDs to Roth or Taxable?
Replies: 15
Views: 1071

Re: Early RMDs to Roth or Taxable?

But delaying SS will reduce the pile of money that goes to the OP and their siblings.
by livesoft
Fri Jan 12, 2018 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard Funds at TD Ameritrade
Replies: 11
Views: 1148

Re: Buying Vanguard Funds at TD Ameritrade

Is it worth paying the TDA commission for Vanguard ETFs rather than buy the free SPDR core ETFs? In my own personal situation, I would probably be buying maybe two to three times per year, and would use BND, VTI, VXUS. I have both Pre-tax and Roth 403b, so the max amount of trades per buying sessio...
by livesoft
Fri Jan 12, 2018 3:57 am
Forum: Investing - Help with Personal Investments
Topic: Question regarding after tax funds - need help
Replies: 6
Views: 446

Re: Question regarding after tax funds - need help

With that goal, I think it is extremely unwise and foolish to want to have no risk of principal at all. The annual income will be low after taxes when taking on some risk and losing money every now and then would lead to enormous income. The way you described what you want to do I think you have to ...
by livesoft
Thu Jan 11, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding after tax funds - need help
Replies: 6
Views: 446

Re: Question regarding after tax funds - need help

What is the goal for this $2 million? How do you intend to use it over the next year, 5 years, 10 years, 20 years?
by livesoft
Thu Jan 11, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 511
Views: 51270

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

What happens when the number of shares supposedly purchased is 0.02634 and gets rounded down to 0.026 shares? Where did the 0.00034 shares go? How much would 0.00034 shares cost at a price of $87.3259?
by livesoft
Thu Jan 11, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: why do banks bother offering lousy CD rates?
Replies: 49
Views: 4571

Re: why do banks bother offering lousy CD rates?

I know people who do not know that there are online places to invest. Or they are afraid of sending money to a place that they cannot walk into within 5 miles of their home. You have to admit that we see some of that behavior at bogleheads.org especially when it comes to emergency funds. So if a ban...
by livesoft
Thu Jan 11, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1734

Re: wild bird feed

Now I know where the corn cobs in my yard come from. :( We also find corn plants growing as weeds during warmer weather.
by livesoft
Thu Jan 11, 2018 5:58 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1734

Re: wild bird feed

What should I be buying? Get some bird seed with black sunflower seeds and very small millet to start with and see what happens. It is not complicated. Don't buy a large amount until later. Experiment. After that, some suet-based food. Those small nondescript bird could be rare migrants from Northe...
by livesoft
Thu Jan 11, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Basic (Dumb) Vanguard Question
Replies: 17
Views: 1214

Re: Basic (Dumb) Vanguard Question

I don't think you can do what was suggested and here's the reason: Each fund as an initial minimum purchase amount. That is, the first purchase in each fund MUST be at least the minimum amount. Couple that with the fact that Roth contribution is limited annually to $5500 or $6500 (if age 50 or older...
by livesoft
Thu Jan 11, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: When to Rebalance
Replies: 7
Views: 411

Re: When to Rebalance

There is no rule of thumb. Sorry! See also: https://www.bogleheads.org/wiki/Rebalancing Or if you are a Vanguard client, then perhaps you could use the Vanguard Portfolio Watch tool and only rebalance when it suggests that you should rebalance. See: https://www.bogleheads.org/forum/viewtopic.php?t=1...
by livesoft
Thu Jan 11, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Dual purpose Roth IRA(retirement/college) allocation question.
Replies: 16
Views: 520

Re: Dual purpose Roth IRA(retirement/college) allocation question.

BashDash wrote:
Thu Jan 11, 2018 2:37 pm
I guess in my mind I am over complicating this since I am using it as a possible college account.
Yes, i think you shouldn't consider Roth accounts as possible college accounts for another 12 years or more. In the meantime, 100% equities in both Roth accounts.
by livesoft
Thu Jan 11, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Dual purpose Roth IRA(retirement/college) allocation question.
Replies: 16
Views: 520

Re: Dual purpose Roth IRA(retirement/college) allocation question.

What do you mean "switch out of equities"?

If you mean which account, then ... If I was moving bonds out of a Roth, I would make a concomitant change in a traditional 403(b) or 457 from equities to bonds.
by livesoft
Thu Jan 11, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - cannot convert to roth
Replies: 14
Views: 1085

Re: Vanguard - cannot convert to roth

Actually, when you open a new account, including a Roth, doesn't vanguard.com ask "Where is the money coming from?" Then you answer "My traditional IRA"
by livesoft
Thu Jan 11, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - cannot convert to roth
Replies: 14
Views: 1085

Re: Vanguard - cannot convert to roth

Note to Vanguard peeps reading this thread: Do you see how customers would benefit from a better web site? They don't even want to call you up and get help.
by livesoft
Thu Jan 11, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Dual purpose Roth IRA(retirement/college) allocation question.
Replies: 16
Views: 520

Re: Dual purpose Roth IRA(retirement/college) allocation question.

One can still have an overall portfolio allocation of 60/40 or 80/20 or SS/BB, but have the Roth IRAs 100% stocks. The math is easy.
by livesoft
Thu Jan 11, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Automatic Investment While Avoiding Fees?
Replies: 4
Views: 181

Re: Automatic Investment While Avoiding Fees?

One needs to have a certain minimum balance to qualify for free trades at Merrill Edge. So 1. Deposit enough money to get a high enough balance to get free trades. 2. Use ETFs but ONLY if they are free trades, but there is no automatic investing with ETFs at Merrill Edge that I am aware of. -or- 1. ...
by livesoft
Thu Jan 11, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in multiple ETFs vs. Target Fund
Replies: 5
Views: 257

Re: Invest in multiple ETFs vs. Target Fund

First, I don't think you will be able to keep the same funds / ETFs for 25 years. New products will be invented and better ideas will show up. Since you already use a target date fund in one account and ETFs in another account, I don't understand your question at all. You have experience with both a...
by livesoft
Thu Jan 11, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: How to hold bonds in taxable if you must?
Replies: 19
Views: 1704

Re: How to hold bonds in taxable if you must?

Bwlonge wrote:
Thu Jan 11, 2018 10:52 am
Don't you have to look at the comparison of the effective taxable rate on muni bond funds to see if its better than a taxable fund?
Probably not if one is in the tax brackets mentioned by the OP.
by livesoft
Thu Jan 11, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Any books after receiving a windfall?
Replies: 6
Views: 478

Re: Any books after receiving a windfall?

Any books on investing that are in the recommended read list at bogleheads.org are books after receiving a windfall. If you want to know more about emotional aspects, then read the books on behavioral finance. If Meir Statman's "Finance for Normal People" is not on the list yet, then read it after o...
by livesoft
Thu Jan 11, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Stock/bond mix
Replies: 5
Views: 333

Re: Stock/bond mix

I disagree that there is significant downside to your bond funds.

There is significant downside to value stocks and dividend-paying stocks.

If you do not agree with the above show me some performance charts comparing bonds to value stocks to prove your thoughts.
by livesoft
Thu Jan 11, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Dual purpose Roth IRA(retirement/college) allocation question.
Replies: 16
Views: 520

Re: Dual purpose Roth IRA(retirement/college) allocation question.

All I read was that kids are in daycare, so I deduce from that the kids are very young. I doubt you will actually use Roths for college, but they are there as a backup plan just in case. So ... Given how far kids are from college, I would make the Roth IRAs 100% equities. I would also make sure that...
by livesoft
Thu Jan 11, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Bond component of AA
Replies: 5
Views: 325

Re: Bond component of AA

Make sure to not confuse it with Vertcoin. :)
by livesoft
Thu Jan 11, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Why has my 529 plan decreased in value?
Replies: 5
Views: 757

Re: Why has my 529 plan decreased in value?

We have 529 plans at Ohio collegeadvantage.com The web site is not difficult to use, so what do your transactions look like? If there were any withdrawals for fees, then they would show up there. It is possible that you are looking at a different date than you think you are looking at. For instance ...
by livesoft
Thu Jan 11, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: How do you time the market when you have to?
Replies: 14
Views: 910

Re: How do you time the market when you have to?

At the time I rolled over a large 401(k), .... Here is a follow-up with my rollover strategy: I knew I was going to do the rollover, so I moved my entire 401(k) to fixed income: a bond fund and a money market fund. At the same time, I exchanged from bond funds in other accounts in to equities, so t...
by livesoft
Thu Jan 11, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: How do you time the market when you have to?
Replies: 14
Views: 910

Re: How do you time the market when you have to?

I only time the market when I have narrowly available information and/or exclusively available information that most (not everyone) other investors do not have. At the time I rolled over a large 401(k), I just invested the check within a day or two since I did not have such information. I am patient...
by livesoft
Thu Jan 11, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Dollar and age amount for Pre-Tax vs. Roth 401(k)
Replies: 16
Views: 846

Re: Dollar and age amount for Pre-Tax vs. Roth 401(k)

In the past the standard deduction and exemptions have been indexed to CPI. I don't know about 2018-2025 (indexed to chained CPI?), but in 2026 it's back to the old indexed rules. People have been telling me for decades that taxes are going up. After years of my taxes going down, it seems my taxes w...
by livesoft
Thu Jan 11, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: Dollar and age amount for Pre-Tax vs. Roth 401(k)
Replies: 16
Views: 846

Re: Dollar and age amount for Pre-Tax vs. Roth 401(k)

I can say that I don't live like a monk. In the past 12 months, I've been to China, Northern British Columbia, Vancouver, New York (twice), Yosemite, Chicago, San Francisco and away from home about 3 months out of 12 and my spouse has been to Spain, Pittsburgh, Seattle, Park City, Turkey, and a few ...
by livesoft
Thu Jan 11, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: How often should my AA adjust?
Replies: 17
Views: 956

Re: How often should my AA adjust?

I only adjusted when certain life events happened and/or the total portfolio value reached a magic number. Examples:
1. Bought house.
2. Had kids.
3. Kids in High School and about to go to college
4. Stopped working full-time
5. Stopped working altogether
by livesoft
Thu Jan 11, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4243
Views: 1143312

Re: U.S. stocks in freefall

Engineer250 wrote:
Thu Jan 11, 2018 9:35 am
REIT down over a percent today. Guess when I rebalanced and bought some a few weeks ago was too soon, oh well :beer
I think you mean "yesterday" based on the time stamp of your post. :)
by livesoft
Thu Jan 11, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: How to hold bonds in taxable if you must?
Replies: 19
Views: 1704

Good tax-exempt bond funds for highest tax bracket NJ resident?

It seems your only choice of bonds is a NJ tax-exempt bond fund. It should be easy to google and find all possible renditions of such funds and select one based on expense ratio and credit risk. That is, once you know the process, finding the fund is easy. Yes, bogleheads.org can help, but if you wa...
by livesoft
Thu Jan 11, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 43
Views: 3183

Re: Letter from Social Security re Fraudulent Claim

@theta, thanks for taking the time to express the details of your experience.
by livesoft
Thu Jan 11, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 11903

Re: Is it time for me to "call in rich"?

Your situation resembles our family's situation around your ages except that you all have higher income, a higher portfolio value, and probably pay more in income taxes. And we had 2 kids about to go to college. Rather than call in rich, you should try to call in part-time and see what happens, but ...
by livesoft
Thu Jan 11, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: How to hold bonds in taxable if you must?
Replies: 19
Views: 1704

Re: How to hold bonds in taxable if you must?

What is your marginal income tax bracket for both Federal and State? What state(s) do you pay income taxes from your investments in?
by livesoft
Thu Jan 11, 2018 7:46 am
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3054

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

That said, in the short time I've had a Vanguard account, I have not been pushed toward PAS. Nor has Fidelity tried to steer me toward funds or services I don't want. We have gotten more than one letter and e-mail about Vanguard PAS from Vanguard. We are nowhere near Flagship level at Vanguard, too...
by livesoft
Thu Jan 11, 2018 5:29 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Investment Advice - ETF vs. Admiral Shares?
Replies: 15
Views: 1131

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

I recommend you try both mutual fund and an ETF in order to see which type matches your personality better. If you buy mutual fund shares of many (not all) vanguard mutual funds, then you can convert in a taxless way to ETF shares. But you cannot convert from ETF shares to Admiral shares without cre...
by livesoft
Wed Jan 10, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 43
Views: 3183

Re: Letter from Social Security re Fraudulent Claim

obafgkm wrote:
Wed Jan 10, 2018 8:09 pm
I'll bite. What does the original poster's (OP) ethnicity or name have to do with anything? :confused
Oh come on. Motel 6? Today at 7-Eleven?
by livesoft
Wed Jan 10, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Liability Issues with Organizing Meetup Events
Replies: 10
Views: 1268

Re: Liability Issues with Organizing Meetup Events

The big deal was the alcohol policy for us. Some folks became inebriated and did unsafe and uncouth things.
by livesoft
Wed Jan 10, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: Dollar and age amount for Pre-Tax vs. Roth 401(k)
Replies: 16
Views: 846

Re: Dollar and age amount for Pre-Tax vs. Roth 401(k)

If we had an RMD of $56,308 today, then we would have no income tax liability in 2017. That's with filing MFJ after exemptions, deductions, and credits. And that is no before-tax retirement plan contributions, no before-tax health insurance contributions, etc. That leaves room for SS benefits, too. ...
by livesoft
Wed Jan 10, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: Dollar and age amount for Pre-Tax vs. Roth 401(k)
Replies: 16
Views: 846

Re: Dollar and age amount for Pre-Tax vs. Roth 401(k)

Engineer250 wrote:
Wed Jan 10, 2018 6:45 pm
For instance, using Schwab's RMD calculator: a 30 year old with $150,000 in pre-tax accounts today is expected to have $56,308 in RMDs at aged 70.5.
...
Anything with the math that I'm missing?
$56,308 will be only one tenth of the standard deduction in 40 years.
by livesoft
Wed Jan 10, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Computers Suck
Replies: 18
Views: 1360

Re: Computers Suck

Everyone of those folks portrayed in the video were retired software engineers.
by livesoft
Wed Jan 10, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to an Employer-Sponsored 401k with a Personal Check?
Replies: 6
Views: 331

Re: Contribute to an Employer-Sponsored 401k with a Personal Check?

I don't think a personal check is gonna work.

But one can contribute to a traditional IRA for 2017 until April tax day. I don't know if that will be helpful, but there it is.
by livesoft
Wed Jan 10, 2018 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Cleaning up my REIT allocation
Replies: 9
Views: 1668

Re: Cleaning up my REIT allocation

I am on record that I would not buy any individual stocks and I would not buy a REIT index fund until it had a bona fide Really Bad Day. So that means sell your REITs and invest in something else for awhile.
by livesoft
Wed Jan 10, 2018 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 43
Views: 3183

Re: Letter from Social Security re Fraudulent Claim

retiredjg wrote:
Wed Jan 10, 2018 6:15 pm
But the real likelihood is they simply need to see a face and a picture ID of the real person.
which would be confirmed by a phone call. But maybe we need to move to the attic and deal with bats.
by livesoft
Wed Jan 10, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 43
Views: 3183

Re: Letter from Social Security re Fraudulent Claim

The former federal SS worker may have been rehired or may be working as a contractor. I can't see how showing up at the real SS office with the letter in hand can be dangerous unless there are several SS employees all in on some kind of scam. This is not impossible, but it seems less likely than th...
by livesoft
Wed Jan 10, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 43
Views: 3183

Re: Letter from Social Security re Fraudulent Claim

Anything to lose? How about one's precious time?