Search found 61594 matches

by livesoft
Sat Aug 11, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: Advice requested: making a HO claim for a roof/hail
Replies: 21
Views: 988

Re: Advice requested: making a HO claim for a roof/hail

We had a roof damaged by hail. I don't recall anything special about rates happening later. Hail instances should already be baked into your rates. You can call your insurance company and say, "all the houses around me are had hail damage to their roofs, so I suspect we did, too." If your insurance ...
by livesoft
Sat Aug 11, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor Mandatory?
Replies: 36
Views: 3096

Re: Financial Advidor Mandatory?

Of course not.

Your friends probably don't even know if their advisors are even helping them or not --- even if they think the advisors are helping them.

Also many people like to abdicate their personal responsibility and have someone else to blame. If that's you, then you do need an advisor.
by livesoft
Sat Aug 11, 2018 7:14 am
Forum: Investing - Help with Personal Investments
Topic: ESOP payout
Replies: 6
Views: 410

Re: ESOP payout

Nothing wrong with your choices since this is a tax-advantaged account and apparently you don't need the money anyways. You should probably determine the end asset allocation of that portfolio rather than go by the fund names. One can use Morningstar.com instant X-ray to do that or another tool that...
by livesoft
Sat Aug 11, 2018 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for a bear market
Replies: 43
Views: 5013

Re: Preparing for a bear market

With annual expenses at 3% of investments, you are already overly prepared for a bear market for your ages. There is nothing else you need to do. There is really nothing else that you can do.
by livesoft
Sat Aug 11, 2018 5:48 am
Forum: Investing - Theory, News & General
Topic: Wash sale rules
Replies: 8
Views: 704

Re: Wash sale rules

Trying to understand a wash sale better. The part about purchases in the previous 30 days prior to the sale is confusing me. Scenario 1: I bought 100 shares of XYZ 200 days ago and then bought another 100 shares of XYZ yesterday. If I sell the 100 shares I purchased 200 days ago today at a loss do ...
by livesoft
Fri Aug 10, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Average expenses in MCOL area for a family of 4
Replies: 50
Views: 2343

Re: Average expenses in MCOL area for a family of 4

I don't know our family of 4 expenses, but $86K is more than our taxable income on Form 1040 for the past 10 years.
by livesoft
Fri Aug 10, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Piano Tuning - Cost and Recommendations
Replies: 9
Views: 741

Re: Piano Tuning - Cost and Recommendations

Ask your music teacher or other folks with pianos (churches?, schools?) in your area. I'm thinking we pay about $75, but will confirm later. They should fix sticky keys, too.
by livesoft
Fri Aug 10, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale
Replies: 13
Views: 584

Re: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale

'm curious as to how this is handled by Vanguard. The year end realized gain/loss paperwork will reflect the disallowed amount right? There is an entire thread with screen captures of a Vanguard account, Vanguard tax statements, tax prep software, and IRS tax forms showing wash sales: https://www.b...
by livesoft
Fri Aug 10, 2018 6:15 pm
Forum: Personal Consumer Issues
Topic: Used Car Negotiation
Replies: 29
Views: 2659

Re: Used Car Negotiation

Keep in mind youre dealing with a professional, he talks to several people like you every day. You cant beat him at his own game unless he lets you. Probably not every day. I was in a dealership and they told me they sold only one single car that day when I picked my car up after hours. While I was...
by livesoft
Fri Aug 10, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting // Wash Sale Help
Replies: 2
Views: 284

Re: Tax Loss Harvesting // Wash Sale Help

VT is not substantially identical to VTI, so there would be no wash sale if you sold VT at a loss and bought VTI + VXUS. I would consider it a good move.
by livesoft
Fri Aug 10, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale
Replies: 13
Views: 584

Re: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale

^The OP stated there are no gains even if they use Average Cost as the basis method, so no taxes.
by livesoft
Fri Aug 10, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Used Car Negotiation
Replies: 29
Views: 2659

Re: Used Car Negotiation

Everybody that I have ever bought a car from budged. And they budged quite a lot. What really helps is that you are really ready to buy in a few hours.
by livesoft
Fri Aug 10, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6183

Re: Paper checks yes or no?

Not to go off-topic, but is there anyone here whose bank does not offer the free bill-paying service? The invention of that is what brought about the demise of check-writing for me. :D Although my bank has free bill paying service, I like to keep that interface clean without payees that are one-off...
by livesoft
Fri Aug 10, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7403

Re: Rude response from boss re: market adjustment

I suppose there can be another side to all this. I know of a situation where all the workers are underpaid, but they cannot all quit and go work for someone else because they need the jobs to pay their expenses. There is even talk of unionizing the place. Now we can all argue about such situations a...
by livesoft
Fri Aug 10, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Insuring for sewer damage in a slab home
Replies: 14
Views: 1180

Re: Insuring for sewer damage in a slab home

How much is the coverage? About $5 a year? We don't have it as far as I know. Never thought about it. There is a cleanout plug visible in the shrubbery, but that is not a sewer drain ... until someone opens it.
by livesoft
Fri Aug 10, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Time to rebalance/reconsider
Replies: 14
Views: 714

Re: Time to rebalance/reconsider

It seems to me that you have a great handle on what you have and how you feel as an investor. I don't think you need any advice at all and can just do what you want and you will be just as fine as you would if you got some advice. That is, advice is not going to make any difference to you I think.
by livesoft
Fri Aug 10, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3160

Re: Is your monthly expense really that stable or in reality, pretty volatile?

I think our annual expenses are pretty stable. it is clear to us that we have month-to-month volatility because of factors such as you mentioned, but mostly known factors: 1. College tuition payments. 2. Property tax payments. 3. Vacation payments. 4. Health care payments. 5. Roth IRA contribuitons....
by livesoft
Fri Aug 10, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale
Replies: 13
Views: 584

Re: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale

Vanguard tells people when they have a wash sale and reports that to the IRS. At least for covered shares. You can see this in action by selling about $20 of your fund today.
by livesoft
Fri Aug 10, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale
Replies: 13
Views: 584

Re: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale

5. Sell ALL shares. Since all shares are sold, there will be no future dividend that will create a wash sale. Since all shares are sold, there are no replacement shares to create a wash sale. Thus, no wash sale. Understood, however that's not the point of the question I suppose. Lets say I need a p...
by livesoft
Fri Aug 10, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Order of selling equities in taxable account
Replies: 9
Views: 978

Re: Order of selling equities in taxable account

SQuestion: In what order should equities be sold? (My instinct is to sel those with the least appreciation first so minimize the tax bite but there may be considerations I have missed.) That's what I would do with the added note that long-term vs short-term held shares have different tax rates. 1. ...
by livesoft
Fri Aug 10, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: UTMA
Replies: 5
Views: 330

Re: UTMA

We had UTMA accounts for our kids started and contributed to by their grandmother. The tax savings were minuscule and probably not worth the hassle. You will have to understand how US income taxes work and in particular something called the "Kiddie Tax." These things can be researched and are compli...
by livesoft
Fri Aug 10, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale
Replies: 13
Views: 584

Re: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale

5. Sell ALL shares. Since all shares are sold, there will be no future dividend that will create a wash sale. Since all shares are sold, there are no replacement shares to create a wash sale. Thus, no wash sale.
by livesoft
Fri Aug 10, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale
Replies: 13
Views: 584

Re: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale

4. Sell whatever and whenever you want and create a wash sale. It is not illegal to create a wash sale. A wash sale is not a problem.
by livesoft
Fri Aug 10, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Does it matter which mutual fund goes into my Roth IRA vs. Traditional IRA?
Replies: 8
Views: 398

Re: Does it matter which mutual fund goes into my Roth IRA vs. Traditional IRA?

JBTX wrote:
Fri Aug 10, 2018 12:21 pm
So how do you determine "when it is going up" and "when it is going down? If you could really do that wouldn't you just sell when it is going down?
I follow the trades of Congressmen.

Well, if I just sold, then that would not be "stay-the-course."
by livesoft
Fri Aug 10, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Is the etf and MF equivalent gonna create a wash sale?
Replies: 14
Views: 712

Re: Is the etf and MF equivalent gonna create a wash sale?

blackcat allie wrote:
Fri Aug 10, 2018 12:47 pm
May I ask ... does selling from Roth IRA's count as well?
The direct answer is No. Selling in a Roth IRA, tIRA, or other tax-advantaged account does not create a wash sale.
by livesoft
Fri Aug 10, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Does it matter which mutual fund goes into my Roth IRA vs. Traditional IRA?
Replies: 8
Views: 398

Re: Does it matter which mutual fund goes into my Roth IRA vs. Traditional IRA?

Here is a tricky thing I do: Whenever an ETF like DGS is going up, I put it in my Roth IRA where the gains will be tax free. Whenever an ETF like DGS is about to go down, then I sell it in the Roth IRA and buy it in the tIRA. That's because when it goes down in the tIRA it will reduce my future RMDs...
by livesoft
Fri Aug 10, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6183

Re: Paper checks yes or no?

Yes. We get paper checks from our bank for free. They are the best way to pay our property taxes.
by livesoft
Fri Aug 10, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: treasury bills 4 weeks not always available?
Replies: 10
Views: 616

Re: treasury bills 4 weeks not always available?

There are many "convenient" ways to get T-bills. For instance, there are ETFs that hold only T-bills such as BIL. Fully liquid while the stock market is open. You do pay for the convenience though.
by livesoft
Fri Aug 10, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: treasury bills 4 weeks not always available?
Replies: 10
Views: 616

Re: treasury bills 4 weeks not always available?

A very good way is to call up Fidelity and state your questions and concerns.

You may also search on "treasury bill auction announcement site:bogleheads.org"

viewtopic.php?t=244645
by livesoft
Fri Aug 10, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Arbitrage on collecting dividend
Replies: 29
Views: 1626

Re: Arbitrage on collecting dividend

viewer0 wrote:
Fri Aug 10, 2018 7:10 am
Very good learning for me nevertheless.
Indeed, yes. Actual personal experience is a great way to learn.
by livesoft
Fri Aug 10, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: which bond fund in taxable?
Replies: 4
Views: 552

Re: which bond fund in taxable?

700K+ in my taxable account with 65% of them are invested in VTSAX and VTIAX [...] Looking to add some bonds in my taxable, VWITX a good choice? Thanks and appreciate any help. VWITX is the Vanguard intermediate-term tax-exempt bond fund. It is probably a good choice if one is forced to have a bond...
by livesoft
Fri Aug 10, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Fund Supermarket?
Replies: 2
Views: 240

Re: Fund Supermarket?

Just more financial porn.
by livesoft
Fri Aug 10, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7403

Re: Rude response from boss re: market adjustment

This is pretty close to a "You're FIRED!" e-mail. Act accordingly.

Maybe even the manager hasn't had a raise in compensation in a few years and is pissed, too.
by livesoft
Thu Aug 09, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 7675

Re: Should I tell my family/friend that they are making a financial mistake?

My siblings and I really have no problems with criticism. One of the in-laws remarked to us at a family gathering, "It is amazing how you all can say anything you want and nobody ever gets mad. With my family we stopped talking to each other years ago based on even more trivial things." So I would s...
by livesoft
Thu Aug 09, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: First time taking kids to airport..
Replies: 28
Views: 2250

Re: First time taking kids to airport..

All the Bay Area airports are easily accessible by public transportation such as BART and CalTrain. Sure, you might have a lot of stuff, but I think the challenge of packing extremely lightly would be welcomed by you.
by livesoft
Thu Aug 09, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Offering 401k Advice to my coworkers?
Replies: 36
Views: 3195

Re: Offering 401k Advice to my coworkers?

I was a Fiduciary for our corporate 401(k) plan. There is a fine line that the company cannot cross. I probably crossed the line often. If I was asked, I would say that I was contributing the maximum possible to the 401(k) plan myself and I that I chose to invest in the index funds according to my a...
by livesoft
Thu Aug 09, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for low risk Vanguard fund
Replies: 15
Views: 1114

Re: Looking for low risk Vanguard fund

"SEOXX, SEIMX, SEITX, SUMAX, SEATX, TMLCX, TMMAX" are a mix of money market, tax-exempt bond funds, and equity funds (US and international), so I would not have considered that mix particularly "low risk" without knowing the actual asset allocation that they were used at. I think all of them have ne...
by livesoft
Thu Aug 09, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: financial planning and the unknowability of the future
Replies: 15
Views: 1392

Re: financial planning and the unknowability of the future

A book that helps with decision making has been mentioned several times on the bogleheads.org forum: Decisive by Heath & Heath. The book is not explicitly about the decisions discussed in the opening post, but is a general treatise on the process of decision making with many practical examples on wh...
by livesoft
Thu Aug 09, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: financial planning and the unknowability of the future
Replies: 15
Views: 1392

Re: financial planning and the unknowability of the future

I know what you are saying, but I must admit that I didn't think too hard about any of it and didn't analyze anything in depth.
by livesoft
Thu Aug 09, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Help recovering foreign taxes on stocks
Replies: 10
Views: 602

Re: Help recovering foreign taxes on stocks

I'm glad you responded and set the record straight. But if a taxpayer didn't file Form 1116 and claimed the foreign tax credit, would that 15% limit still apply?
by livesoft
Thu Aug 09, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: WSJ: When to Pick Mutual Fund over ETF?
Replies: 16
Views: 1625

Re: WSJ: When to Pick Mutual Fund over ETF?

The article says they used Morningstar after-tax returns which we know are bogus, so toss this article into the trash can.
by livesoft
Thu Aug 09, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Help recovering foreign taxes on stocks
Replies: 10
Views: 602

Re: Help recovering foreign taxes on stocks

You would get all 26.375% of the foreign tax credited to you by the IRS then. I wouldn't bother trying to do anything with German tax authorities.
by livesoft
Thu Aug 09, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Help recovering foreign taxes on stocks
Replies: 10
Views: 602

Re: Help recovering foreign taxes on stocks

Where do you live?

What country are you a citizen of?

Do you pay US income taxes?

Do you know what the foreign tax credit on Form 1040 is all about?
by livesoft
Thu Aug 09, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: When is a small etf too small?
Replies: 6
Views: 550

Re: When is a small etf too small?

I tilt to small-caps and value. About 50% of my equities are in VSS and VBR. Both of these Vanguard ETFs have an average daily volume of about 250,000.

Some other ETFs with less volume are IJS, DLS, and DGS

I wouldn't touch WDSC at all ... but it trades on the LSE anyways.
by livesoft
Thu Aug 09, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Arbitrage on collecting dividend
Replies: 29
Views: 1626

Re: Arbitrage on collecting dividend

A great answer is given by @jminv. But I think you have to learn what this is all about by trying it out for yourself. There's nothing like first-hand experience.

So I say: Go for it!

Then come back and tell us what happened. Thanks!
by livesoft
Thu Aug 09, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: DRiP Performance Tracking
Replies: 6
Views: 445

Re: DRiP Performance Tracking

Performance tracking is performance tracking. It doesn't matter if it is a mutual fund, stock, CD, annuity, DRIP or whatever. I suggest your club use the FREE Microsoft MS Money for Windows. Easily downloaded off the internet and installed. MS Money can track ALL your transcations and give you all k...
by livesoft
Thu Aug 09, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Illiquidiity scenarios for Mutual Funds/ETFs
Replies: 21
Views: 1151

Re: Illquidiity scenarios for Mutual Funds/ETFs

There have been liquidity problems with Vanguard ETFs. All you have to do is research "flash crash" and you will get to read about the problems. A flash crash is a short-term lack of liquidity that happens intra-day. They can be very profitable for folks who can buy during those times.
by livesoft
Thu Aug 09, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Anyone familiar with attic fans?
Replies: 32
Views: 1953

Re: Anyone familiar with attic fans?

Our electric attic fans in the roof are controlled by thermostats, so they turn on only if the air at the thermostat gets hot enough. They never turn on in the winter like a ridge vent which is always on. I could do anything I wanted with the on/off switches when its cold and our attic fans would no...
by livesoft
Thu Aug 09, 2018 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor
Replies: 11
Views: 791

Re: Vanguard Advisor

I see nothing wrong for you with using the Vanguard Advisor advice, but I also see nothing wrong with your idea of just using CDs for a while. Besides, you can always change your mind. And you can do a combination of both ideas. In other words, with your wealth, your income, and your ages, it really...
by livesoft
Thu Aug 09, 2018 5:35 am
Forum: Investing - Help with Personal Investments
Topic: When is a small etf too small?
Replies: 6
Views: 550

Re: When is a small etf too small?

I'll ignore your assumption of only a position of 100 shares. I ignore it because I don't want to have any positions that will end up being less than 5% off my end-game portfolio and I want my end-game portfolio to be in the low 8-figure dollars. In others words, I'm not playing around. It is not a ...