Bogleheads.org

typical.investor

See https://www.researchaffiliates.com/content/dam/ra/documents/AA-Equity.pdf They argue earnings growth gets diluted by share issuance and so EPS growth is more relevant. Also, the rate of return on retained capital is less than if earnings had been paid out and invested in average investments. I.e...

typical.investor

No. Dogecoin has nothing to do with Bitcoin. OK. And gold has nothing to do with silver or copper or other precious metals. And precious metals can be created to an infinite degree just as cryptocurrencies can. I see your point. Cryptos are valuable due to their scarcity in the same way precious me...

typical.investor

Ray Dalio today recommended 20% of a portfolio should be diversified into Bitcoin due to dollar debasement. More than I’d expect him to recommend! Also unsurprisingly said that bonds and cash are complete trash. https://www.kitco.com/news/2021-04-16/Diversification-is-key-as-world-faces-currency-de...

typical.investor

Overall, people seem to be 82%/18% domestic/international. Those over 45 seem to have more invested in stocks than the target date funds do. More evidence for the US stocks bubble. :twisted: It's my thought too. If you believe US treasury data, then foreign ownership of US stock* is around 28.6%. T...

typical.investor

Filed electronically 3.22. Refund in bank on 4.8.

Hit and miss? Luck of the draw? Some reason? I don’t know...

typical.investor

I suspect the youtube piece didn’t mention that big insurance companies, sovereign-wealth funds and pension funds have been pouring into the market as never seen before. Of course, that doesn’t support their hyperinflation claim so why would they. People promoting Bitcoin are going to hype up ...

typical.investor

I'll contact TurboTax ;-) Regardless, any idea you may have it may be useful. What would make a major difference are capital gains. I assume that if you have capital gains and capital losses, you have to include them either in 1a or line 5, but not in both. Why not both (I mean ? I presume those ar...

typical.investor

You are paying for convenience. [/quote] That would explain a positive premium, but it does not explain a negative premium (i.e., a discount). Although I understand that it is theoretically possible--based on the law of supply and demand--for shares in a closed-end fund to trade at a significant di...

typical.investor

When I talk about capital distributions I'm talking about box 2a of 1099DIV. These are taxed with LT rates always. I'm accounting as capital distribution some some scrip dividends rights to buy that were sold automatically. But perhaps it's better to account that income as just a short term capital...

typical.investor

I'm having trouble reconciling TurboTax questions when doing FTC and the 1116 instructions. I'd appreciate if anybody can show some light in any of my questions below. For reference, I have some foreign dividends (I add using 1099DIV section of Turbotax), and some foreign capital gains and losses. ...

typical.investor

Why would I do this you ask? Because I’m fearful of contributing a total $150K at once in the event the market goes down. This way we make a large contribution upfront and then our annual contributions shield against potential struggling markets in the next 5 years. This implies that you have $150k...

typical.investor

It's possible to use Schwab app to make check deposit with photo for checks issued by US banks. I'm not sure for other banks. Last time I used it, it's only available for customers who opened account more than 9 months ago. But several years has passed and not sure if they changed it. In a private ...

typical.investor

Is there any advantage to buying Schwab funds instead of Vanguard in a taxable account? The main advantage would be better ability to engage in tax loss harvesting. EM and small caps in particular may provide opportunities due to their volatility that a total market fund doesn't. In 2015 for exampl...

typical.investor

Pretty strong statement based on 3 years performance data. You could well be right, and the strong statement warranted, only time will tell. But 3 years is very short. All sorts of excuses can be made for the individual funds: Bad performance of value for QSPRX Yet, the fund says it targets four di...

typical.investor

@Typical.investor Yes, IB is famous and plenty used here in Colombia, but 10 USD/ Month would be a great loss for me at this moment, and I see that You commented about 3 USD/Month if Im younger than 25 but Im a minor, so actually all my brokers accounts are in my parents name, BUT Im going to be 18...

typical.investor

Welcome to the forum. :happy As a long-time US expat living in Belgium (50yo), some years ago I invested some after-tax income in US IRA and Roth accounts for a few years. Regarding the money put into traditional IRA, did you make deductible contributions to tIRA or non-deductible contributions? If...

typical.investor

Hi, I know nothing about Columbia but have you tried to open a personal account in Interactive Brokers in order to access global equities. Alternatively could you incorporate an BVI/Bahamas/Cayman´s company to invest in global markets. The main motivation to open an BVI company is to avoid the oner...

typical.investor

Both state and federal accepted the return 3/31, I entered 4/2 as payment date. State took theirs on 4/2. Still nothing from the feds. It wasn't a lot. $182. Anyone else have this? I might give it a week then call. My return was accepted March 23, 2021. It was finally done being processed processed...

typical.investor

Hi, I am a big fan of books written by Swedroe, Malkiel, Ferri, Bernstein, etc. Are there any good investing books written after Covid-19 changed the world? I would love to read books that are updated to include thoughts and analysis on the markets post-covid, views on the current interest rates, p...

typical.investor

@DJN Okey, Im going to check those two posts, I already started and thats exactly what I needed thank you! You definitely should. Ted S has a good eye for international tax treaties and you want to keep your taxes down. My comment was more towards allocation and I still suggest more of a global mar...

typical.investor

Hi, - NCAAX (NUVEEN CALIFORNIA MUNICIPAL BOND FUND-CL A) - NCHAX (NUVEEN CALIF HIGH YIELD MUN BD CL A) - NWQAX (NUVEEN INVESTMENTS NWQ FLEXIBLE INCOME) All of these are in taxable account and, aside from NWQAX (which seems like one of the LifeStrategy funds), these look to be actively managed muni ...

typical.investor

My old employer closed my old 401k, withheld taxes, and sent me a check for the balance. How can I get my money back that was withheld for taxes? Claim it as taxes paid on your tax return. How does this affect my tax liabilities? It shouldn't if you rollover the entire amount within the 60-day wind...

typical.investor

Yeah maybe you will notice their notification or maybe not. I didn't. Anyway, I held Direxion Daily Developed Markets Bull 3x Shares ETF (DZK) though it's liquidation. It ceased trading on 10/16/2020 and Yahoo finance shows a closing NAV of 44.58 on that date. I got back $44.5823/share on 10/23/202...

typical.investor

Hello there! I hope you all are good. Welcome to the forum. A little context of me: Im 17 Years Old, from Colombia Latinamerica, I have a income of 150-200 US Dollars per month and have 1000 US Dollars in savings. No debt, and I dont have any financial responsability, im in college and live with pa...

typical.investor

I think if the fund decides to close down, you will get liquidated at the last NAV calculation. Why would the fund suddenly transition from a 3x fund to a 1x fund? Doesn't make sense to me. If the fund decided to "close down" I'm sure they would give plenty of advance notice to shareholde...

typical.investor

The biggest issue I've seen with the whole expat thing is that you may be very far away from old friends and all of your family. This is usually a minor issue if you are only away for a small number of years when a young adult. As the years pile up, you lose more and more ties. Maybe that's okay. M...

typical.investor

I have been monitoring my investment portfolio + 401k portfolio for a long time - keeping track of the the monthly balances. Usually I am lucky to get a 10% total gain in investment returns for a year - but the past year has a return so great that I have calculated that it has accelerated my expect...

typical.investor

Curious to get people’s thoughts... Do you factor tilt your portfolio? Why or why not? What factors would you choose? What do folks think of the AA of the above model portfolio? Great question. I think your target portfolio is great. Everyone will quibble about what they think the ideal portfolio i...

typical.investor

I printed my taxes and form 1116 says RIC. I guess Various is the field value TaxAct uses for RIC. Still only see $47 in foreign tax credit. No idea what I've done incorrectly. In the past I had paperwork from Vanguard and it was easier, and I got FTC for the entire amount of foreign taxes paid. Ea...

typical.investor

CAGRs from 1977 to 2020 (average, estimated LIBOR rate of 5%) SPY: 10.64% 2x S&P 500 (LIBOR rate + TER = 5.95% expenses): 11.79% https://imgur.com/a/kwzSQPw 3x S&P 500 (2x LIBOR rate + TER = 10.95% expenses): 10.31% https://imgur.com/a/eWifZp8 4x S&P 500 (3x LIBOR rate + TER = 15.95% ex...

typical.investor

Right now, in the Credits section of TaxAct, it shows $47 foreign tax credit now. It was $0 before. Aim is to get it to $402. I don't know what to say. I think you have done it correctly. I always have an unused foreign tax credit carryover, so that result isn't unexpected to me. I'm an expat and s...

typical.investor

My Form 1116 states that the country is "RIC" as per the Form 1116 Instructions p 15. That is, I do not believe it should be "Various." With RIC all the questions about currency conversion should disappear I would think. You might look at the Form 1116 produced by your tax-prep ...

typical.investor

I have a doc from ETRADE that indicates whether each dividend that had foreign taxes paid was qualified or nonqualified. It doesn't say anything else that's relevant to form 1116 so I'm not sure what to do with form 1116. The funds that had foreign taxes paid are Vanguard Total Stock Intl Admiral a...

typical.investor

Foreign source ordinary dividends - the sheet from ETRADE doesn't indicate this. It indicates whether the div is qualified or nonqualified. The TaxAct form asks for foreign source ordinary dividends, not nonqualified dividends. Are they the same thing? You may be going off on a tangent. No, it's no...

typical.investor

I have $402 in foreign taxes paid according to my 2020 1099-DIV. I am doing my taxes in TaxAct and on Form 1116 I'm asked to input values here: Foreign source other income including interest $ Foreign source ordinary dividends $ Foreign source qualified dividends $ Foreign source capital gain divid...

typical.investor

I have $402 in foreign taxes paid according to my 2020 1099-DIV. I am doing my taxes in TaxAct and on Form 1116 I'm asked to input values here: Foreign source other income including interest $ Foreign source ordinary dividends $ Foreign source qualified dividends $ Foreign source capital gain divid...

typical.investor

I have $402 in foreign taxes paid according to my 2020 1099-DIV. I am doing my taxes in TaxAct and on Form 1116 I'm asked to input values here: Foreign source other income including interest $ Foreign source ordinary dividends $ Foreign source qualified dividends $ Foreign source capital gain divid...

typical.investor

You can think of TSM as a real multi-factor fund, one that uses its own weightings of the relative attractiveness of qualities like value, size, momentum, low volatility, and quality instead of the the categorical assumptions of the factor model. You can’t think of a total stock market fund this wa...

typical.investor

If US short term rates go higher due to inflation, then so will the hedge yield on international bonds (assuming they don't see a similar rise). If the US experiences more robust inflation than other countries, then short-term rates will rise in the US in relation to short-term rates in other count...

typical.investor

Why didn’t you immediately purchase your tax-loss Harvest pair? If you are sitting out 31 days or whatever, I don’t see anything you could do other than break things up like you say. If you are going to purchase a similar but not substantially identical fund, why wait? Funds are available to trade ...

typical.investor

Why didn’t you immediately purchase your tax-loss Harvest pair? If you are sitting out 31 days or whatever, I don’t see anything you could do other than break things up like you say. If you are going to purchase a similar but not substantially identical fund, why wait? Funds are available to trade i...

typical.investor

If the US experiences inflation, how are international bonds (bndx) and international equities affected? Would they be a hedge against US inflation or a weakening dollar? I guess I view this a little differently than other posters. bndx is a sort of inflation hedge and included in Vanguard's target...

typical.investor

Welcome to the forum!

For clarification, what do you mean by an “expat”?

Are you a “US person” for IRS tax purposes (citizen, resident or green card holder)?

If so, your fund choices are generally considered not appropriate due to US PFIC taxation.

typical.investor

Curious to see Vanguard raise the ER on VFMF: "As of 03/29/2021, the expense ratio on your VANGUARD US MULTIFACTOR ETF has changed from 0.18% to 0.19%." I'd love to know what motivated such a small change in ER. VFMF has ~80 million AUM now, so that works out to an additional $8000 for Va...

typical.investor

Trying to see if I understand this correctly. So if an index fund has 0.29 of long term capital gains and 0.01 of short term capital gains, and the NAV is $70.05, and I had $50k worth of the stock, for that one year, I'd have $214 worth of capital gains that I'd pay taxes on? So in the 15% CG tax b...

typical.investor

Yeah, I will definitely dig deeper into it and understand how these backtests were constructed. Just a few decades ago, no-one was advocating for index funds either, so I would be carefully with using that argument. Sure, index fund didn't really come into form until Mr Bogle came about. But there'...

typical.investor

my theory that this is something nice taxwise that vanguard does for its investors that other mutual fund families can't be bothered with cheers, grok Dear grok, You are typically well informed and I respect your opinion very much. That said, I agree with the article that VNQ is less tax friendly i...

typical.investor

Taxable account (held at Fidelity) JACTX (JANUS HENDERSON FORTY T) value 273K Exp Ratio 0.92% LGVAX (CLEARBRIDGE VALUE TRUST CL A) value 52K EXP Ratio 1.08% Do these have significant gains or losses? Would you want to pay capital gains taxes to simplify? Alternatively, if you wanted to just hold on...

typical.investor

Can someone explain to me why a company such as Tesla would put 1.5 Billion into Bitcoin if it wasn’t going to increase much in value? I honestly think it will hit $100K by year-end Has TSLA put 70% of it's capitalization into BTC ? Or even 70% of it's net cash ? If you're already made up your mind...

typical.investor

I don't expect to buy Fidelity's ETF, so I don't know why I would be expected to harbor any 'wishful thinking' regarding what Fidelity may do - I don't care either way. Just saying that your expressed view... As an owner of the ETF, you would have rights to both coins. ... is not true.

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