Search found 62360 matches

by livesoft
Sun Dec 28, 2008 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Dividends, dividends, dividends.
Replies: 27
Views: 5512

Dividends, schmividends https://institutional.vanguard.com/iip/pdf/WP_TotalRet.pdf Note in the paper (if I recall correctly) it was shown there was no advantage to dividend-paying stocks over a broad-based set of stocks, except that cap gains give one a lower effective tax rate. A "normal" 60:40 por...
by livesoft
Sun Dec 28, 2008 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Grandpa wants to contribute - how?
Replies: 10
Views: 2157

You can select money market funds and/or CDs in many 529 plans. Those choices are pretty good ways to preserve principle. Utah has a MM fund option. I know Ohio has CD options. One cannot "claim" contributions to 529 plans as a Federal deduction. Contributions are a gift. About the only benefit he w...
by livesoft
Sun Dec 28, 2008 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Accounting question: K-1's and MLPs
Replies: 13
Views: 2305

Saddled with a K-1? That's funny. You simply copy the K-1 numbers into your tax software and you are done with it. No hassle whatsoever. It's kinda like writing, "If I get a job tomorrow, will I be saddled with a W2 for 2008?"
by livesoft
Sun Dec 28, 2008 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Mother of All Tax Loss Harvesting Threads
Replies: 247
Views: 66919

If you sell 100% of VTSMX in a taxable account, you will have partial wash sale of $370.93 because those 17 shares acquired earlier in the month are considered replacement shares. Since the replacement shares were purchased in an IRA, you lose the tax deduction of the loss in last 17 (same number of...
by livesoft
Sun Dec 28, 2008 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Retail shopping
Replies: 4
Views: 1233

I find it's simply amazing.

But in contrast there is also this Bob Herbert editorial imploring us to not buy anything:

http://www.nytimes.com/2008/12/27/opini ... rbert.html
by livesoft
Sat Dec 27, 2008 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard MFs or Vanguard ETFs
Replies: 8
Views: 2074

I use WellsFargo for investing because it offers me free trades and no fees whether I use Vanguard ETFs or Vanguard mutual funds.

There is a somewhat longish recent thread on your query just a few threads down on the page: http://www.bogleheads.org/forum/viewtopic.php?t=29549
by livesoft
Sat Dec 27, 2008 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Question re two Texas Colleges
Replies: 75
Views: 12038

I didn't see this linked earlier in the thread, but NYTimes had a nice College Admissions Q&A

http://questions.blogs.nytimes.com/2008 ... dmissions/

Too late for folks applying to college, but a great read for HS juniors and next year.
by livesoft
Sat Dec 27, 2008 3:39 pm
Forum: Investing - Theory, News & General
Topic: I sold stock this year...
Replies: 21
Views: 2517

Christine_NM wrote:If the sale was in a taxable account you will get a 1099B (brokerage) form reporting the proceeds.

Report the proceeds and your cost basis (not on the 1099B, but you should know it) on Schedule C, Capital Gains and Losses, of Form 1040.
That's a typo. You report on Schedule D.
by livesoft
Sat Dec 27, 2008 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with your stable value fund?
Replies: 15
Views: 2702

My 401k has relatively high expense ratios, so I would not be surprised if the e.r. of the stable value fund was 1.25% or higher.
by livesoft
Sat Dec 27, 2008 2:31 pm
Forum: Investing - Theory, News & General
Topic: TLH and Vanguard Website
Replies: 6
Views: 1844

Cost basis is cost basis: the amount you paid for the shares currently in your account. So your LIFO, HIFO, FIFO, average doesn't apply because you haven't sold any of the shares remaining in your account. When you sell, Vanguard doesn't care about LIFO, HIFO, FIFO, average at all. They will use FIF...
by livesoft
Sat Dec 27, 2008 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with your stable value fund?
Replies: 15
Views: 2702

Do stable value funds pay out cap gains distributions? I have owned this fund only for 6 months and did not own it last year at this time.
by livesoft
Sat Dec 27, 2008 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Too late to sell mutual fund in 2008?
Replies: 3
Views: 1231

It is not too late. If you reinvested the distribution, you will be selling those shares acquired as "short term", but so what? If this is in a taxable account, you are gonna pay taxes on the distribution whether you sell or not.
by livesoft
Sat Dec 27, 2008 1:52 pm
Forum: Investing - Theory, News & General
Topic: TLH and Vanguard Website
Replies: 6
Views: 1844

Yes. At least it shows the cost basis and the present value. You should be able to do the subtraction yourself. Did you try it?
by livesoft
Sat Dec 27, 2008 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation -- would appreciate some feedback (long)
Replies: 7
Views: 1498

Many folks who study asset allocation think that one should at least mimic the asset allocation of the total stock market first. Then if you want to "tilt" or drift away from that asset allocation, the recommended direction is to overweight (from total market) the small cap and value categories. Fro...
by livesoft
Sat Dec 27, 2008 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Good Money Market Fund for IRA's
Replies: 4
Views: 1142

Unfortunately, to transfer funds from one IRA custodian to another IRA custodian is a big deal. And you want to transfer a small amount every month? It may not be possible to do. You should probably look into transfering all your IRA assets to another IRA custodian that has what you want and not jus...
by livesoft
Sat Dec 27, 2008 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with your stable value fund?
Replies: 15
Views: 2702

Well November was 20 times the December numbers, so about 1.4% annualized.
by livesoft
Sat Dec 27, 2008 11:56 am
Forum: Investing - Help with Personal Investments
Topic: What's up with your stable value fund?
Replies: 15
Views: 2702

What's up with your stable value fund?

I noticed today that the stable value fund in my 401(k) reduced its monthly dividend by a factor of 20 for December. Yep, the annualized yield is 0.07% now. Any lower and the fund would've lost money. The annualized yield for August dividend was about 3.8% and it's been shrinking ever since, but the...
by livesoft
Sat Dec 27, 2008 11:46 am
Forum: Investing - Help with Personal Investments
Topic: tax loss suggestions
Replies: 4
Views: 1078

Option A. Get into the funds you want now. Book your losses before year-end and you have them.

I see no reason to waste time with option B.
by livesoft
Sat Dec 27, 2008 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Yet Another Tax Loss Harvesting Question
Replies: 8
Views: 1728

You do not need to do any of that in order to sell the whole position before year end. You simply need to sell the whole position before year end. However, before you file your tax return you need to figure it out. But you have plenty of time before you file your tax return. The per-share dividend i...
by livesoft
Sat Dec 27, 2008 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Investing for grandchildren
Replies: 6
Views: 1356

If he invests in his name in a tax-efficient mutual fund, then when he dies he can will this money to all his grandchildren and they will not have to pay taxes on it. His estate may have to pay taxes on it though if his estate is large enough.
by livesoft
Sat Dec 27, 2008 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund or ETF?
Replies: 25
Views: 3776

I just re-read what I wrote above. I'm chuckling because it looks like a one should use mutual funds instead of ETFs. For example, if I buy on a downward trending day -- and the trend holds to the end of the day -- then the mutual fund and its NAV will have the lowest price of the day. Conversely, i...
by livesoft
Sat Dec 27, 2008 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio checkup help
Replies: 3
Views: 891

Welcome to the forum! I cannot tell which of your investments are tax-advantaged and which are not. You write that this is in taxable account, but are there any IRAs or 401(k)s or other retirement plans available to you? May I suggest (implore!) you to follow the format demanded of you in the two St...
by livesoft
Fri Dec 26, 2008 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Question, does it always make sense?
Replies: 10
Views: 2169

Suppose I am able to deduct the loss and thus save 33% of the loss on my taxes. Then when I sell in the far future, I pay a long term cap gains tax rate of just 15%. Thus I get the government to pay 18% of my loss. What you are missing is that for many folks the tax rate difference between marginal ...
by livesoft
Fri Dec 26, 2008 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund or ETF?
Replies: 25
Views: 3776

ilan1h wrote:Are you saying that there were particular trades that I did in which you benefitted directly from my trade?
Nope.
by livesoft
Fri Dec 26, 2008 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Yet Another Tax Loss Harvesting Question
Replies: 8
Views: 1728

Why don't you detail an example of what you mean?
by livesoft
Fri Dec 26, 2008 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund conversion to ETF and cost basis
Replies: 9
Views: 2140

The bid/ask for ETFs does not differ in substance and practice from the bid/ask for stocks. While the market is open for at least 30 minutes, the bid/ask spread for small lots of say under 500 shares of actively traded ETFs is about 1 cent, but can be higher at times of low activity. By actively tra...
by livesoft
Fri Dec 26, 2008 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Yet Another Tax Loss Harvesting Question
Replies: 8
Views: 1728

The key phrase here is "due to tax-exempt interest". Mull that over and think about it. Twice. If you have a capital loss that is NOT due to tax-exempt interest, then you can claim the loss. Don't worry about what Vanguard will do for you. If you sell, then the 1099B that Vanguard sends you does not...
by livesoft
Fri Dec 26, 2008 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund or ETF?
Replies: 25
Views: 3776

Blue wrote:very interesting... I am pretty sure I would be the guy giving up $300-$1000 per trade to you and so I'll probably stick with MF's. :wink:
No need to be giving me money, as ilan1h has been kind to me already. :P
by livesoft
Fri Dec 26, 2008 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund or ETF?
Replies: 25
Views: 3776

I try to pick up an extra $300 to $1000 this way. I certainly don't want to buy at the end-of-day NAV -- I want to buy at a lower price. And I want to sell at a higher price than the end-of-day NAV. I am not always successful.
by livesoft
Fri Dec 26, 2008 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund or ETF?
Replies: 25
Views: 3776

It took me more work/effort to type in my previous response than to actually do both trades that I described. Also compare what I did to buy VTI today to what one would do to buy the VTSMX today. With both VTI and VTSMX, one needs to (a) Login to brokerage account and submit the order. OK, that's th...
by livesoft
Fri Dec 26, 2008 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund or ETF?
Replies: 25
Views: 3776

Another thing with spreads is that you normally only see the best bid and the best ask and not all the bid and ask orders. If you are placing an order involving thousands of shares, then things change for you. For example, suppose you want to buy VTI and you see bid 43.03 x 100 and ask 43.04 x 200. ...
by livesoft
Fri Dec 26, 2008 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Help/Advice Needed
Replies: 5
Views: 1139

A suitable placeholder for value index is Vanguard Large Cap index or S&P500 or Total Stock Market. None are bad funds to hold forever. 4. Yes there is danger to using average cost basis. You will not be able to use the must simpler and explicit methods if you use average cost basis. I don't think y...
by livesoft
Fri Dec 26, 2008 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Help/Advice Needed
Replies: 5
Views: 1139

Apologies accepted!
by livesoft
Thu Dec 25, 2008 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Managed vs. Index Funds for Rebalancing
Replies: 5
Views: 1702

Don't bother with tax managed unless you know the market is going to only go up for the next 5 years.
by livesoft
Thu Dec 25, 2008 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone put stock in invstmnt newslettrs like Momentum Monitr
Replies: 23
Views: 2981

After reading your writings, you sir have the ability and credentials to start your own newsletter.
by livesoft
Thu Dec 25, 2008 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone put stock in invstmnt newslettrs like Momentum Monitr
Replies: 23
Views: 2981

Why not pick one of the many newsletters which said to go to cash? What makes this one special?

And can't your friend just give you his copy before he wraps fish in it?
by livesoft
Thu Dec 25, 2008 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Mutual Funds to Offset Tax Due
Replies: 11
Views: 1873

If it's on your W2, it ain't cap gains. Nevertheless, you should sell ALL your losers anyways. You won't save much on taxes for 2008 by doing so, but it will be very good long-term.

If you want to save on taxes, just donate a couple hundred thousand dollars to charity.
by livesoft
Thu Dec 25, 2008 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Choice of International funds in a non-retirement account
Replies: 6
Views: 1641

Give her a specific number. You pick the number: 40%.
by livesoft
Thu Dec 25, 2008 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Mutual Funds to Offset Tax Due
Replies: 11
Views: 1873

One can always add a separate small cap fund if they wish. I personally overweight small caps by using things like VBR, IJS, GWX, DLS, IWM, etc.
by livesoft
Thu Dec 25, 2008 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Mutual Funds to Offset Tax Due
Replies: 11
Views: 1873

bearwolf wrote:.... You can move back after 31 days by mail or after 60 online if you want to be back in your original positions. ....
Or not move back at all especially if you have short term gains in the replacement positions.
by livesoft
Thu Dec 25, 2008 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Choice of International funds in a non-retirement account
Replies: 6
Views: 1641

Did you read the wiki article on international funds?
by livesoft
Thu Dec 25, 2008 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Mutual Funds to Offset Tax Due
Replies: 11
Views: 1873

I'm surprised that in the same breadth that your CPA said you would owe about $65,000 that they didn't say you could reduce your tax burden by selling all your taxable investments that had losses. What's up with the CPA? You did not state how much of the $65K in taxes is due to cap gains taxes. So h...
by livesoft
Thu Dec 25, 2008 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Close 529 a/c
Replies: 3
Views: 1075

And there's this article: http://www.smartmoney.com/personal-fina ... 29-losses/
which I have not read yet.
by livesoft
Thu Dec 25, 2008 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Close 529 a/c
Replies: 3
Views: 1075

Uh, why close the account? What are you going to do with the money? Perhaps you really just need to move the investments in the account to a CD or money market fund? BTW, we did not contribute to our children's 529 plans last year at all. Also for various reasons. But we are not closing the accounts.
by livesoft
Thu Dec 25, 2008 12:50 pm
Forum: Investing - Theory, News & General
Topic: Execs must love the holidays
Replies: 40
Views: 4974

Here you go: http://www.nytimes.com/2008/12/25/opini ... istof.html

Should executives of fundraising organizations for charities make good salaries?
by livesoft
Wed Dec 24, 2008 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: $1 mill money machine theory...plan
Replies: 6
Views: 2412

I'm not sure if the same, but I did something analogous when I was younger. When I got my first "real" job, I saw that I could replace my salary from investments if I saved/invested until I had $XXX invested. I made a plan to get that amount within 12 years, so that I could quit my job if I wanted a...
by livesoft
Wed Dec 24, 2008 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Who decides if a transaction qualifies as a wash sale?
Replies: 11
Views: 2413

Wasn't it proposed that some time in the future brokers will have to provide cost basis to the IRS on your 1099B along with the traditional sales info? Maybe it was actually enacted?
by livesoft
Wed Dec 24, 2008 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: TLH from tax-exempt to taxable bonds?
Replies: 3
Views: 843

Sounds good to me. I've switched my money market funds depending on my tax bracket in a similar manner.
by livesoft
Wed Dec 24, 2008 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the exchange from FTSE to TISM?
Replies: 11
Views: 2270

Re: Dividend dates?

A little off the main topic here, but where on the Vanguard site is a list of the dividend dates? I also would like to sell (in my case, sell 500 Index and move back into Total Stock Market). I've searched Vanguard, and it's probably obvious, but I'm sure not seeing it. Thank you, as always, for th...
by livesoft
Wed Dec 24, 2008 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: DFA funds UK - anyone ?!
Replies: 30
Views: 6223

... Here are the returns my DFA advisor provided me with : From 1955 to Oct 2008 : Returns *after* 1% advisory fees. 75/25 stock bond DFA portfolio had 11.18% with annualised standard deviation 11.03% 100% stock DFA portfolio had 12.6% annualized return with 15.1% std deviation FTSE AllShare Index ...