Search found 63764 matches

by livesoft
Mon Jan 14, 2019 10:28 am
Forum: Investing - Help with Personal Investments
Topic: VTSMX in taxable and wanting to to Backdoor Roth?
Replies: 10
Views: 463

Re: VTSMX in taxable and wanting to to Backdoor Roth?

Here is a simple solution: 1. Sell VTSMX in taxable. There would be almost no point in selling VTSMX in taxable... I took it from the initial post that this holding was the source of the funds for the backdoor. Yes, an excellent reason to sell VTSMX in taxable is to raise the cash to make IRA contr...
by livesoft
Mon Jan 14, 2019 9:44 am
Forum: Investing - Help with Personal Investments
Topic: VTSMX in taxable and wanting to to Backdoor Roth?
Replies: 10
Views: 463

Re: VTSMX in taxable and wanting to to Backdoor Roth?

Here is a simple solution: 1. Sell VTSMX in taxable. There would be almost no point in selling VTSMX in taxable unless one sold it at a loss. That is, there would be no point to sell VTSMX in taxable at a gain unless one had low enough income and the gain was long-term, so that one would be doing t...
by livesoft
Mon Jan 14, 2019 9:28 am
Forum: Investing - Help with Personal Investments
Topic: VTSMX in taxable and wanting to to Backdoor Roth?
Replies: 10
Views: 463

Re: VTSMX in taxable and wanting to to Backdoor Roth?

So as long as I keep my TLH more then 31 days from any dealing with any Roth accounts I should be good? Yes and no. Since you used "any dealing", that is too broad a statement. As long as you don't BUY VTSAX/VTSMX/VTI in your IRAs within 30 days from selling VTSAX/VTSMX/VTI in a taxable account, th...
by livesoft
Mon Jan 14, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: S&P Futures accurate forecast of market opening?
Replies: 2
Views: 296

Re: S&P Futures accurate forecast of market opening?

Yes, I think so, but better would be to see what SPY was trading at in the pre-market session. SPY has traded more than a million shares today already.

Other things trade in the pre-market. For instance, VTI traded -1% from the Friday close.
by livesoft
Mon Jan 14, 2019 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1350

Re: Retirement portfolio

If your portfolio is large enough and you have no taxable account, it probably doesn't matter what you do. You can leave it alone and your 4 fund would require no managing at all or roll the dice and select one of the other balanced funds. We cannot predict the future for you, so there is no way to ...
by livesoft
Mon Jan 14, 2019 8:44 am
Forum: Investing - Help with Personal Investments
Topic: VTSMX in taxable and wanting to to Backdoor Roth?
Replies: 10
Views: 463

Re: VTSMX in taxable and wanting to to Backdoor Roth?

FiveK wrote:
Mon Jan 14, 2019 8:33 am
What one holds in a taxable account has no impact whatsoever on the Backdoor Roth process.
But what one sells for a loss in a taxable account might have an impact on the Backdoor Roth process.
by livesoft
Mon Jan 14, 2019 8:25 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the 0.1%
Replies: 31
Views: 4092

Re: Asset Allocation of the 0.1%

It looks like the 0.1% can lose money just as well as the rest of us ... maybe even more so.
by livesoft
Mon Jan 14, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3482

Re: too much college savings

I'm following this thread because I am wondering if I might save too much. My kids are 7, 1, and 3 months. I've saved about $70K, $27K, and $5k right now. Would the OP say I'm saving too much? I live in Pennsylvania so the tax break can become irresistible at the end of the year. I'm stating my num...
by livesoft
Mon Jan 14, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: Betterment’s asset allocation
Replies: 3
Views: 547

Re: Betterment’s asset allocation

There is a lot of unwarranted loss aversion on this forum. Many people really hate to lose any kind of money. This is also why many people have the jobs they have as opposed to other jobs. It is what makes the world go 'round.
by livesoft
Mon Jan 14, 2019 7:43 am
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9583

Re: Disciplined with finances, but not so with diet

As a geriatrician I worry when one of my patients starts to lose weight and I make every effort to try to reverse that trend while looking for an illness that is not otherwise manifest.
That's the takeaway from the Psychology Today opinion piece.
by livesoft
Mon Jan 14, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Guidance requested
Replies: 7
Views: 812

Re: Guidance requested

Although I have never invested in any real estate myself, I would encourage you to try it because of the entire tone of your post. I think one can become financially independent without real estate investments, but it seems you are willing to try it out, so I recommend that you do so.
by livesoft
Sun Jan 13, 2019 10:16 pm
Forum: Personal Consumer Issues
Topic: Hawaii vacation, any recommendations?
Replies: 26
Views: 1992

Re: Hawaii vacation, any recommendations?

^One could do excursions to other islands in a single day. Example: Get picked up early at hotel, taken to airport, fly to big island, get picked up, tour Volcanoes National Park with guide, get dropped off at airport, fly back to Oahu, get picked up and driven back to your hotel.
by livesoft
Sun Jan 13, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing software
Replies: 37
Views: 1868

Re: Tax filing software

I do my taxes over several months with first a preliminary in March, then I file for an extension, then I file for real in October. I have several 1099s that I collect and I can type numbers faster than I can write them. I get corrected W-2 and 1099s routinely, so there is no rush for me to file my ...
by livesoft
Sun Jan 13, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing software
Replies: 37
Views: 1868

Re: Tax filing software

I meant why use a download when you can just do the online version? Is it any different from a functionality standpoint? If you do the H&R Block download and then want to use them next year, does it still save all your prior year data? Functionality is different. Online is reported to have less fun...
by livesoft
Sun Jan 13, 2019 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: VFIAX to VTSMX
Replies: 6
Views: 370

Re: VFIAX to VTSMX

Since it is an IRA, there are no tax consequences nor costs to do an exchange from VFIAX to VTSAX (which is VTSMX really). Whether VTSAX or VFIAX will perform better than the other in the future is unpredictable, but they will perform similarly enough. If you compare their charts at Morningstar.com ...
by livesoft
Sun Jan 13, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing software
Replies: 37
Views: 1868

Re: Tax filing software

What are the pros/cons of a download version vs online? Seems unnecessary to download. Download Pro: You can run it on your laptop and fill out many "What if?" scenarios without messing up your real tax form. Download Con: You cannot run it on your phone from anywhere you have an internet connection.
by livesoft
Sun Jan 13, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: ID during International Travel
Replies: 14
Views: 771

Re: ID during International Travel

texasdiver wrote:
Sun Jan 13, 2019 7:06 pm
I'm always loath to give my passport to any cop or soldier because you may not get it back easily.
While travelling through Eastern bloc countries it was practically a rule to put a 100 DM note in your passport when you handed it to the policeman.
by livesoft
Sun Jan 13, 2019 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Short-term bond allocation
Replies: 8
Views: 623

Re: Short-term bond allocation

^I think that's a wise non-move.
by livesoft
Sun Jan 13, 2019 7:00 pm
Forum: Personal Consumer Issues
Topic: ID during International Travel
Replies: 14
Views: 771

Re: ID during International Travel

There is probably a higher probability of losing or breaking your phone than of losing your passport.
by livesoft
Sun Jan 13, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: ID during International Travel
Replies: 14
Views: 771

Re: ID during International Travel

I just have my drivers license on me since it is smaller. My passport is usually kept by the hotel. I assume everybody already knows my passport info because I've sent it all over the world to get visas anyways.
by livesoft
Sun Jan 13, 2019 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: What is best strategy: Harvest Dividends or Sell shares?
Replies: 3
Views: 445

Re: What is best strategy: Harvest Dividends or Sell shares?

In your situation I actually have dividends sent to my checking account. With my ETFs and mutual funds dividends are paid quarterly. It is easiest. In addition, I periodically sell shares for more money.
by livesoft
Sun Jan 13, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard accounts
Replies: 18
Views: 1269

Re: Vanguard accounts

Taxes on investments work as described in IRS Publication 550.
by livesoft
Sun Jan 13, 2019 6:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard accounts
Replies: 18
Views: 1269

Re: Vanguard accounts

Yes, you can. You don't even have to wait.
by livesoft
Sun Jan 13, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: Taking expensive DSLR on kayak?
Replies: 39
Views: 1912

Re: Taking expensive DSLR on kayak?

I would use my dSLR kit for sports photography and other activities where I would not have a chance of dropping it in the water. I've dropped a few cameras in the water already.
by livesoft
Sun Jan 13, 2019 5:55 pm
Forum: Personal Consumer Issues
Topic: Taking expensive DSLR on kayak?
Replies: 39
Views: 1912

Re: Taking expensive DSLR on kayak?

No, I would not. I would bring my G5X and carry it in a dry bag or Pelican case. It has a f/1.8 24 - 100 mm equiv lens, 20 Megapixel, yada-yada-yada.

I'd leave my dSLR and L lenses at home.
by livesoft
Sun Jan 13, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: When and how to report income
Replies: 12
Views: 831

Re: When and how to report income

You have to pay tax on the $10 that you get from jury duty, so your acquaintance is obligated to pay income tax on income.
by livesoft
Sun Jan 13, 2019 5:25 pm
Forum: Investing - Theory, News & General
Topic: Did you ever "win" big?
Replies: 133
Views: 9465

Re: Did you ever "win" big?

Nope, never won big.
by livesoft
Sun Jan 13, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing software
Replies: 37
Views: 1868

Re: Tax filing software

Triple digit golfer wrote:
Sun Jan 13, 2019 3:08 pm
I'm not seeing H&R Block Deluxe that cheap. Can Deluxe do capital gains and losses? How do you know in general which tier product to select?
Yes, Deluxe download can do cap gains and losses.

As for prices, I think you know that prices change every week and go both UP and DOWN.
by livesoft
Sun Jan 13, 2019 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Pay 529 plan tax to get a much larger Lifetime Learning tax credit!?
Replies: 16
Views: 1016

Re: Pay 529 plan tax to get a much larger Lifetime Learning tax credit!?

Not sure why you would word it that way when it's not the tax cuts but the 4 year limit of AOTC that is mostly upping your taxes. I said that AOTC was "Part of the problem." There are other parts including SALT limitations. Consider this: What is the standard deduction in 2018? -vs- What is the sta...
by livesoft
Sun Jan 13, 2019 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put VTIAX or VTSAX into taxable account?
Replies: 20
Views: 1356

Re: Should I put VTIAX or VTSAX into taxable account?

No preference. Some years VTIAX is more tax-efficient than VTSAX and some years VTSAX is more tax-efficient than VTIAX.
by livesoft
Sun Jan 13, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: How do I stop jeans from ripping in the thighs?
Replies: 65
Views: 3820

Re: How do I stop jeans from ripping in the thighs?

It may not be a weight problem at all. Just buy a larger size of jeans.
by livesoft
Sun Jan 13, 2019 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Before the ex dividend date to avoid taxes?
Replies: 6
Views: 795

Re: Sell Before the ex dividend date to avoid taxes?

If you have realized losses to offset the projected realized gains, then I think you should not wait to make changes. Certainly, sell before ex-dividend date because the dividends paid after that will not be automatically offset by your realized capital losses.
by livesoft
Sun Jan 13, 2019 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Short-term bond allocation
Replies: 8
Views: 623

Re: Short-term bond allocation

Just because somebody famous says to do something, does not mean one should do that something. But to answer your question, here is a nice discussion about your question from a few months ago and now we know with 20/20 hindsight what worked: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=25787...
by livesoft
Sun Jan 13, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Asset Mix Chart [Vanguard website shows incorrect asset allocation]
Replies: 16
Views: 1090

Re: Portfolio Watch Problem

There is another thread on this topic today. If you can't find it, then please report back and I'll go find it for you.
by livesoft
Sun Jan 13, 2019 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4493

Re: I know market timing is a fool's game but...

We're now in the 115th month without a recession. The record set in the 90's was 120 months. December was the worst month for equities since the Great Depression. Sounds like the Fed is worried enough to pause interest rate hikes. I tell people they shouldn't worry about timing but it's hard not to...
by livesoft
Sun Jan 13, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9583

Re: Disciplined with finances, but not so with diet

Based on a recent study, a BMI in the range 22.5 to 25 minimizes mortality. If 15 pounds puts you below 25 then it's more than you need to minimize mortality. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3806201/ I read the article and some of its references and I did not come away with the conclus...
by livesoft
Sun Jan 13, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing software
Replies: 37
Views: 1868

Re: Tax filing software

As mentioned H&R Block Deluxe downloadable with a state return will probably be the least expensive at under $20 and possibly a rebate from Amazon of more than $20. The state return may charge for e-filing, but one can print it out and mail in most states. I wouldn't want to do my tax return by hand...
by livesoft
Sun Jan 13, 2019 11:36 am
Forum: Investing - Theory, News & General
Topic: How to use Vanguard Portfolio Watch for rebalancing
Replies: 100
Views: 61707

Re: How to use Vanguard Portfolio Watch for rebalancing

One thing I have unfortunately experienced is that PW takes my Fidelity accounts and treats them as other. To use the tool I have to go to tester and convert Fido total stock, total bond, and total international to get my AA and stock breakdown. Vanguard must really feel threatened by Fidelity. If ...
by livesoft
Sun Jan 13, 2019 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Personal Choice Retirement Account
Replies: 14
Views: 714

Re: Advice on Personal Choice Retirement Account

My spouse's employer pays the PCRA (SDBA) fees for its employees that choose that option. There were the quarterly fees and even a fee to transfer money to/from the PCRA. The fees were not hidden because there was documentation available online about them. I would not believe what a human being told...
by livesoft
Sun Jan 13, 2019 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest cash to retire tomorrow?
Replies: 27
Views: 4358

Re: Where to invest cash to retire tomorrow?

I don't see anything wrong with a 60/40 3-fund portfolio as has been already mentioned. The differences between 40/60, 50/50, and 60/40 will actually be quite minor. The fund selections are the typical Total US Stock index, Total Int'l Stock Index, and a tax-exempt bond fund or two. Your 401(k) sho...
by livesoft
Sun Jan 13, 2019 10:33 am
Forum: Investing - Help with Personal Investments
Topic: 95% of my taxable acct is VTIAX international. Bad idea?
Replies: 6
Views: 825

Re: 95% of my taxable acct is VTIAX international. Bad idea?

I am unclear about some of your statements about what you own. VTIAX is not "International Developed Markets Index", but VTMGX is. It should not matter to you whether any of the taxable funds that you sell to raise cash are up or down. If you sell at a loss, then you would be tax-loss harvesting. Yo...
by livesoft
Sun Jan 13, 2019 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Funding Roths via taxable account: Sell or exchange? Also, spousal too?
Replies: 6
Views: 352

Re: Funding Roths via taxable account: Sell or exchange? Also, spousal too?

So, why call it the EXCHANGE page? An exchange is short-hand for selling and buying. They call it exchange because clients like to click on one button. If you exchange OR sell VTSAX in a taxable account, then you will sell the designated shares and incur a reportable transaction and get a 1099-B fo...
by livesoft
Sun Jan 13, 2019 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Zero Funds
Replies: 33
Views: 1895

Re: Fidelity Zero Funds

I was invested in my old 401(k) in a US Government securities fund before the 2008-2009 thing. The language of the prospectus was the standard 80% idea. But it was a Morgan Stanley fund and somehow they decided to put about 20% Countrywide bonds in there. My presumption is that they had to unload th...
by livesoft
Sun Jan 13, 2019 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Capital Gains Question from Novice
Replies: 12
Views: 1075

Re: Capital Gains Question from Novice

yes, it appears that VTSAX is more tax efficient. See also:

viewtopic.php?t=242137

I have read that many prefer to use IXUS at Fidelity because of its tax efficiency.
by livesoft
Sun Jan 13, 2019 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Capital Gains Question from Novice
Replies: 12
Views: 1075

Re: Capital Gains Question from Novice

1. Yes.

2. Yes. Wait until the fund sponsor tells you so which they always do on their website and with the 1099-DIV sent to you. You can look at past years numbers which should foreshadow this year's numbers.
by livesoft
Sun Jan 13, 2019 8:35 am
Forum: Investing - Theory, News & General
Topic: Anyone beating the index instead of buying it?
Replies: 51
Views: 4991

Re: Anyone beating the index instead of buying it?

i will state this: While it is highly unlikely that one will beat a specific index over the long term, it is not impossible for many people to outperform* a benchmark of index funds that contains equities plus bonds, such as a 60/40 or 50/50 benchmark.

*But not by a couple % a year.
by livesoft
Sun Jan 13, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: Anyone beating the index instead of buying it?
Replies: 51
Views: 4991

Re: Anyone beating the index instead of buying it?

I posted this 10 days ago: Yep, there is no point in publishing personal data unless it underperforms the market averages so most others can smirk and nod with that knowing voice, "Yep, they coulda had a V-8!" https://www.youtube.com/watch?v=ld8eAH0MW00 If you get ahead of the market averages, then ...
by livesoft
Sun Jan 13, 2019 8:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard Asset Mix Chart [Vanguard website shows incorrect asset allocation]
Replies: 16
Views: 1090

Re: Vanguard Asset Mix Chart

C'mon, you been on the forum for ages, so you know what.