Search found 2265 matches

by indexfundfan
Thu Sep 27, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund yields: Schwab vs Vanguard
Replies: 11
Views: 1188

Re: Bond fund yields: Schwab vs Vanguard

Schwab's tax exempt funds have significantly higher expense ratios compared to those from Vanguard (0.49% compared to 0.19%).
by indexfundfan
Mon Sep 24, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: REIT ETFs in Taxable Account: To sell or not ?
Replies: 23
Views: 1791

Re: REIT ETFs in Taxable Account: To sell or not ?

Thanks for the comments, and for the spreadsheet link. I really don't have that many tax losses to use up. OTOH, I just realized that I have around a 7% embedded gain in VWEHX (Vanguard High Yield Corporate), with a 5.63% yield. With the smaller emebdded gain and the larger payout, this fund is my ...
by indexfundfan
Mon Sep 24, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: REIT ETFs in Taxable Account: To sell or not ?
Replies: 23
Views: 1791

Re: REIT ETFs in Taxable Account: To sell or not ?

Just to put some numbers: if say you sell the REITs for $30k of gains this year, you have to pay taxes on this $30k of gains. Suppose the market drops next year and your harvested $30k of losses, you can only use $3k to offset against any income next year. It will take OP 10 years to "get back" the...
by indexfundfan
Mon Sep 24, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 UTMA tax gain harvesting
Replies: 14
Views: 1429

Re: 2018 UTMA tax gain harvesting

Here's an article on Kiddie tax:

https://www.marketwatch.com/story/new-t ... 2018-09-24

It has the same interpretation as discussed: the first $4700 of LTCG or QDI has 0% fed tax rate (no earned income).
by indexfundfan
Mon Sep 24, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help choosing Emerging Market Funds/ETFs
Replies: 8
Views: 965

Re: Help choosing Emerging Market Funds/ETFs

What is the best (cheapest, deepest, most liquid, most tax efficient) EM ETF available? This is for a taxable account. I use SCHE and VWO. Some notes: SCHE: a little more tax efficient in taxable account, a little cheaper than VWO, distributes dividends yearly VWO: more liquid, smaller bid/ask spre...
by indexfundfan
Mon Sep 24, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help choosing Emerging Market Funds/ETFs
Replies: 8
Views: 965

Re: Help choosing Emerging Market Funds/ETFs

I wanted an EM tilt so I chose to start my Roth conversions into EM for now. I chose IEMG (iShares Core MSCI Emerging Markets ETF). It isn't Vanguard, but I liked it better. IEMG complements IEFA well since S Korea is included in IEMG and not in IEFA. Additional note: IEFA does not include Canada. ...
by indexfundfan
Sun Sep 23, 2018 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: REIT ETFs in Taxable Account: To sell or not ?
Replies: 23
Views: 1791

Re: REIT ETFs in Taxable Account: To sell or not ?

Do you have kids? You can gift the shares to UTMA accounts. However, under the kiddie tax, the kids will pay taxes at a high rate if they sell too much of the ETF on their own. Yes, the 0% fed rate is limited to $4700 of LTCG per kid per year as I understand it (provided the kid has no other income...
by indexfundfan
Sun Sep 23, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: REIT ETFs in Taxable Account: To sell or not ?
Replies: 23
Views: 1791

Re: REIT ETFs in Taxable Account: To sell or not ?

Do you think a market correction will occur within the next few years that will generate losses to offset the gains? Independent of the market timing issue, this isn't a reason to wait. If you switch and the market drops, you will have a large capital loss to harvest, and you will probably save mor...
by indexfundfan
Sun Sep 23, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: How to set up direct deposit to Vanguard Prime Money Market?
Replies: 29
Views: 3356

Re: How to set up direct deposit to Vanguard Prime Money Market?

Fidelity did a nice job...because even though their 'core' funds are limited to government funds/FDIC accounts, they allow you to use any money market fund in your account as a source of cash for trades. Interesting. How does this work? Do you get to specify that a certain MMF can be used to settle...
by indexfundfan
Sun Sep 23, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: REIT ETFs in Taxable Account: To sell or not ?
Replies: 23
Views: 1791

Re: REIT ETFs in Taxable Account: To sell or not ?

It's a tough choice, whether to take the hit now and move the REITs into the appropriate tax-efficient location. After you moved them into the tax-efficient location, you will save on taxes, but it will take many years to breakeven with your initial tax hit. Some random thoughts: Do you have any tax...
by indexfundfan
Sun Sep 23, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to set up direct deposit to Vanguard Prime Money Market?
Replies: 29
Views: 3356

Re: How to set up direct deposit to Vanguard Prime Money Market?

We are lucky that at least Vanguard offers the Federal MMF as a sweep, which provides a reasonable yield. Most other brokerages took advantage of the situation and only offer a FDIC product for the sweep account. The interest rates offered on those FDIC products are miserable, typically like 0.25% o...
by indexfundfan
Sun Sep 23, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring RSUs: Ing to Fidelity
Replies: 3
Views: 383

Re: Transferring RSUs: Ing to Fidelity

Submit the transfer request at Fidelity. Fidelity will take care of the transfer; you don't even need to contact Ing.

Fidelity does not any charge fee for the transfer but Ing may charge you an account transfer-out fee. This is typically $50 to $75 at many brokerages.
by indexfundfan
Sun Sep 23, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: What is right place for MLPs in portfolios?
Replies: 12
Views: 773

Re: What is right place for MLPs in portfolios?

If you do hold them, I would not put them in a taxable account. I would guess the K-1 wouldn't be an issue in a tax deferred space. Hopefully someone more knowledgeable will chime in. MLP could result in taxable income in the IRA. Google for MLP UBTI IRA. There are ETF and CEF "wrappers" which allo...
by indexfundfan
Sat Sep 22, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Why do Schwab fund only pay distributions once a year?
Replies: 7
Views: 1127

Re: Why do Schwab fund only pay distributions once a year?

Schwab does annual distributions for their international funds. Vanguard used to do that too until a few years ago when it switched to the quarterly schedule. State Street and Blackrock both use semi-annual schedules for their international funds. I think having an annual distribution discourages in...
by indexfundfan
Fri Sep 21, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA, ETFs, and Settlement Funds
Replies: 3
Views: 252

Re: Roth IRA, ETFs, and Settlement Funds

I generally invest any remaining funds into the ETF which I can buy one whole share and leave any remaining money in the settlement fund. Vanguard's settlement fund pays a decent amount. In your case, if you like, you can purchase one share of SPTM. Afterall, VBS no longer charge commissions for ETF...
by indexfundfan
Fri Sep 21, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: HSA investment plan
Replies: 11
Views: 1163

Re: HSA investment plan

If you elect the investment option at Lively, your yearly fee is $30. $30 out of $1100 is a lot -- it is an expense of 2.7%. With $1100, unfortunately there are no good HSA custodial options for investing the money. How much do you think you should have in an HSA to make it worthwhile investing? Ma...
by indexfundfan
Thu Sep 20, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: HSA investment plan
Replies: 11
Views: 1163

Re: HSA investment plan

If you elect the investment option at Lively, your yearly fee is $30. $30 out of $1100 is a lot -- it is an expense of 2.7%.

With $1100, unfortunately there are no good HSA custodial options for investing the money.
by indexfundfan
Thu Sep 20, 2018 8:38 am
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 57
Views: 7455

Re: Tax Reform - Revised Kiddie Tax

No, the capital gains that puts the total unearned income past $4700 should be taxed at the capital tax rate (15%) of the next bracket. $5200 - $4700 = $500 This is the same as the way standard tax brackets work. I really think you should wait until the relevant instructions are released in at leas...
by indexfundfan
Wed Sep 19, 2018 7:36 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224956

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Today I found out Merrill Edge has a $25k limit on daily withdrawal of settled cash when performed online (okay... have to call), and also a $50k daily limit on transferred in cash being made available (what?). Caveat emptor. Are other brokers equally ridiculous in setting limits? I know I've never...
by indexfundfan
Sun Sep 16, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 98
Views: 17258

Re: 2017 Relative Tax Efficiency

It's interesting that after plugging in numbers for my own situation for 2017, Schwab funds have lower tax costs compared to Vanguard in all the asset classes that I have in the taxable account: LargeCap: SCHX is better than VV SmallCap: SCHA is better than IJR and VB Developed: SCHF is better than ...
by indexfundfan
Sun Sep 16, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 98
Views: 17258

Re: 2017 Relative Tax Efficiency

The "tax efficiency" calculation here is different from M*. Perhaps, it can be called tax drag ratio :-)
by indexfundfan
Sun Sep 16, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Best place for a small HSA
Replies: 9
Views: 834

Re: Best place for a small HSA

At Saturna, the inactivity fee is only $12.50/yr if you hold mutual funds. That's still quite a bit cheaper than Lively. You can also reinvest your dividends for free with mutual funds, whereas stocks cost $1 to reinvest dividends. Since you can buy Admiral class funds anyways, not sure why you'd w...
by indexfundfan
Sun Sep 16, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 98
Views: 17258

Re: 2017 Relative Tax Efficiency

Thanks for collecting the data. Question: Doesn't the number in the "tax efficiency" row of the spreadsheet reflect the yearly "tax cost" of holding the fund? This got me confused because normally the higher the number for efficiency, the more desirable it is. In this case, it is the opposite -- the...
by indexfundfan
Sat Sep 15, 2018 6:53 am
Forum: Personal Consumer Issues
Topic: PSA: Cross country relocation expenses
Replies: 13
Views: 1317

Re: PSA: Cross country relocation expenses

We moved out of SF bay area to Georgia last year. The cost to move the household items was about $5000. We did most of the packing ourselves. Upack trailer (21' used) $3700 Upack storage $400 Loading labor + furniture wrapping $600 Unloading labor $300 My family took a two-week road trip to drive ac...
by indexfundfan
Fri Sep 14, 2018 6:10 am
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Growth ETF's
Replies: 4
Views: 376

Re: Tax Efficient Growth ETF's

My new employer does not offer a 401(k). So after maxing out my ROTH IRA I need to invest in a non qualified brokerage account. I am looking for ETF's that offer good growth but low yields to avoid taxes. Any suggestions? You could buy "growth" funds with low dividends in the taxable account, balan...
by indexfundfan
Thu Sep 13, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for a small HSA
Replies: 9
Views: 834

Re: Best place for a small HSA

You can save the money with Lively. There are no fees for a basic HSA (interest bearing) account. When you ready to invest, add the investing option for $2.50 a month. This links to TDAM which gives you access to commission-free ETFs. https://livelyme.com/pricing/ Here's the original thread on Livel...
by indexfundfan
Thu Sep 13, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224956

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Did Schwab give you the bonus? I'm asking them to match at the $1000 level for a rollover. Schwab matched the best bonuses we could find. Schwab is good at matching. What's Schwab's holding period, or do they use whatever offer they are matching? IIRC, the holding period was a year.
by indexfundfan
Thu Sep 13, 2018 8:18 am
Forum: Investing - Theory, News & General
Topic: Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders
Replies: 20
Views: 5808

Re: Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders

I have been getting price improvements from Schwab and Vanguard. I guess you won't be getting these at Robinhood. Not true. You can (and will) still get price improvement at Robinhood. They aren't any different from Schwab who also receives payments for order flow (Fidelity and Vanguard do not). Th...
by indexfundfan
Wed Sep 12, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1377

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

indexfundfan The list provided by mhalley has pretty good links to some insights with regard to that. https://www.etf.com/channels/emerging-markets-etfs Yes, you are right. IEMG is the only one of those 4 that counts South Korea. I'm not sure if that's an argue for or against it but thank you for p...
by indexfundfan
Wed Sep 12, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1377

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

If I recall correctly, IEMG is a little different from the other three in that it includes South Korea.

South Korea is now included in most developed ex-US markets.
by indexfundfan
Wed Sep 12, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Short-term Treasury vs. Limited-Term Tax-Exempt
Replies: 10
Views: 1362

Re: Short-term Treasury vs. Limited-Term Tax-Exempt

The only thing you're overlooking is this: VMLUX declares daily and distributes monthly, so there is no impairment of exemption on the dividends when selling short-held shares for loss. A related point is that VSBSX's dividend is declared and distributed monthly. So if you buy near to the end of th...
by indexfundfan
Tue Sep 11, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 5
Views: 1324

Re: "Find out if your fund is declaring a dividend this month"

Longdog wrote:
Tue Sep 11, 2018 7:27 pm
For ETFs, I've observed that the ex-dividend date is two business days after the declaration date.
Thanks. That's good to know.
by indexfundfan
Tue Sep 11, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 2080

Re: Fine tuning income around the ACA cliff

For us, we have the two conflicting priorities of staying under the ACA cliff, and doing Roth conversions. Make that three. It is important to remember that the amount of the subsidy is calculated based on your income and the maximum amount you pay is based on a percentage of your income. Income le...
by indexfundfan
Mon Sep 10, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: "Find out if your fund is declaring a dividend this month"
Replies: 5
Views: 1324

Re: "Find out if your fund is declaring a dividend this month"

The article posted the "declaration date". A more useful date is the "ex-div" date.

Or is Vanguard's "declaration date" the "ex-div" date for ETFs?
by indexfundfan
Tue Aug 28, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9538

Re: 2-Year Treasury Note Auction

Nate79 wrote:
Tue Aug 28, 2018 10:01 am
What is the risk of say holding 2 year treasury note and then needing to sell at any time until 2 years?
Can we assume at least the principle amount invested will not decrease?
There is no such guarantee. If rates have gone up since you bought the bond, you could be selling at a loss.
by indexfundfan
Tue Aug 28, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9538

Re: 2-Year Treasury Note Auction

Some quotes for 912828WC0 as of 8/28/18 11am ET.

Fidelity
Image

Schwab
Image

Vanguard
Image
by indexfundfan
Tue Aug 28, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9538

Re: 2-Year Treasury Note Auction

ofckrupke wrote:
Mon Aug 27, 2018 2:12 pm
long term they gain by keeping me happy so my little not-quite-periodic UST buying program and portfolio don't wander off to Fidelity or Vanguard or even Merrill Edge.
Good observation. One of the reasons for me to keep the taxable account open at Schwab.
by indexfundfan
Mon Aug 27, 2018 11:47 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9538

Re: 2-Year Treasury Note Auction

It's my experience that Schwab's quotes are generally at least equal to those at Vanguard or Fidelity.

But if you wait a bit, a better quote (with a lower minimum quantity) will pop up on Schwab.
by indexfundfan
Sun Aug 26, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9538

Re: 2-Year Treasury Note Auction

smectym wrote:
Sun Aug 26, 2018 7:29 am
Excellent and informative thread. However: what have we learned? I just buy the 2 year on Treasury Direct. Is that naive approach disadvantageous?

Smectym
What you can't do on Treasury Direct is to sell on the open market (if you need the money before maturity).
by indexfundfan
Sat Aug 25, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9538

Re: 2-Year Treasury Note Auction

For those of you who have bought treasury bills through vanguard, can you answer the following question. I have only a few hundred dollars in my settlement account, but sufficient funds in my prime money market acct to purchase an order for treasury bills that i submitted. do i need to transfer fun...
by indexfundfan
Sat Aug 25, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9538

Re: 2-Year Treasury Note Auction

I was in the same situation as Kevin -- buying at auction and possibly selling in the secondary market. So I also looked at the secondary market bids. I found the bids on Schwab much better than those on Vanguard (I have active brokerage accounts at Schwab and Vanguard). Consequently, I bought my tr...
by indexfundfan
Thu Aug 09, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224956

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I just spoke with a rep from Merrill Edge. He said the maximum anyone can get is $2,500 (unless it's over $5 million) per account owner across all accounts. Is that right? Anyone gotten more? You mean $2500 on a lifetime basis ? Or $2500 for a single transfer ? Definitely not lifetime. I think that...
by indexfundfan
Thu Aug 09, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Best 529 plan for California, for self
Replies: 5
Views: 580

Re: Best 529 plan for California, for self

For a Californian who wants a 529 plan for himself, to cover some education costs in retirement to keep the mind active, what would be the best 529 plan? There are no tax benefits in California so everything can be considered. The California plan itself doesn't seem too bad - for an individual inde...
by indexfundfan
Mon Aug 06, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: From TD Ameritrade to ...
Replies: 19
Views: 1606

Re: From TD Ameritrade to ...

At the start of the year I moved a portion of funds from 2 of our 5 accounts at Scottrade to Merrill Edge, to test the waters. We were very unhappy with the customer service interface at ME, and essentially gave up on having the accounts set up the way we had been told they would be from the start....
by indexfundfan
Sun Aug 05, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Earn 1.5% on your checking account without the usual hoops (at Fidelity)
Replies: 65
Views: 8033

Re: Earn 1.5% on your checking account without the usual hoops (at Fidelity)

You can get a little bit more yield using SPRXX instead of SPAXX (1.85% vs. 1.57%). Or even using FZDXX 1.97% ($100k to start, $10k to maintain). All of these options require you to manually purchase the fund in the CMA (but will be automatically liquidated as necessary to meet debits).
by indexfundfan
Fri Aug 03, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Good biotech funds
Replies: 22
Views: 1810

Re: Good biotech funds

I have an allocation in biotech ETFs since 2014. These funds are a lot more volatile than total market funds. The reasons why I hold them are o Extremely low dividend yield of just around 0.25%. Plus the dividends are "qualified income". These funds are good for minimizing income since the returns a...
by indexfundfan
Thu Aug 02, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1338
Views: 224956

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

My impression from previous posts on bogleheads was that Vanguard would reimburse a fee from another firm for transferring an account/holding to VG. My flagship rep just told me that VG does not generally reimburse fees (even though I am VG Flagship). Is that really so ? I am actually trying to tra...
by indexfundfan
Thu Aug 02, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 23942

Re: Vanguard to offer non-Vanguard ETFs commission-free

I don't understand why they wouldn't just give a specific date. In the end its just a minor quibble, but this is bad customer service. As anybody who works in a corporation knows, "August" means August 1 to product management and to technology is means August 31st--of next year. :D +1 I'm assuming ...
by indexfundfan
Wed Aug 01, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 23942

Re: Vanguard to offer non-Vanguard ETFs commission-free

The CNBC article says it's starting today but I tried to sell some ishares bond ETFs that I transferred to Vanguard from one of the robo funds and it's showing the standard $7 fee. Here's that CNBC article https://www.cnbc.com/2018/08/01/vanguard-group-begins-key-experiment-in-the-new-era-of-free-i...