Search found 75614 matches

by livesoft
Fri May 07, 2021 5:29 am
Forum: Personal Investments
Topic: Capital Gains/Dividends in a tax Deferred Account
Replies: 2
Views: 164

Re: Capital Gains/Dividends in a tax Deferred Account

Your thread title specially states "tax Deferred" which is NOT a Roth account. Yes, you eventually pay taxes on distributions in that the taxes on those distributions are tax-deferred. A qualified withdrawal whether from original investment or any dividends or capital gains is just like wi...
by livesoft
Fri May 07, 2021 4:48 am
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting - need to completely exit stock?
Replies: 1
Views: 117

Re: Tax loss harvesting - need to completely exit stock?

No, you do not need to sell all of your stock. You do not need to sell all lots. You do not need to sell all shares in the same lot. You could sell some shares in one lot or some shares in all lots or any mix that you want.
by livesoft
Thu May 06, 2021 8:31 pm
Forum: Personal Investments
Topic: Buying Before Ex-Dividend Date
Replies: 13
Views: 624

Re: Buying Before Ex-Dividend Date

ChinchillaWhiplash wrote: Thu May 06, 2021 8:15 pm Buy the day before the Ex-date to collect the dividend. Would think the sale has to take place by the closing bell. Not sure if an after hours buy would count. You can also sell on the Ex-date and collect the dividend.
This.
by livesoft
Thu May 06, 2021 6:11 pm
Forum: Personal Investments
Topic: Portfolio Review / Advice
Replies: 4
Views: 355

Re: Portfolio Review / Advice

I'm OK with Roth being the account that has investments that are expected to grow the most. But those investments also tend to be the riskiest and that can lose the most. So my Roth does not have to avoid bonds some of the time. I consider Roth precious future tax-free space and do not want it to su...
by livesoft
Thu May 06, 2021 4:03 pm
Forum: Personal Investments
Topic: Which Brokerage Institutions Offer a 401k-based Self-Directed Brokerage Option?
Replies: 4
Views: 340

Re: Which Brokerage Institutions Offer a 401k-based Self-Directed Brokerage Option?

TDAmeritrade ... my spouse has used this with her employer. I don't know about fees because her employer pays all the fees.
by livesoft
Thu May 06, 2021 9:51 am
Forum: Personal Finance (Not Investing)
Topic: IRS not answering the phone
Replies: 37
Views: 1797

Re: The IRS does not answer the phone

I saw news article this week that said the IRS only answers about 24% of the calls.
by livesoft
Thu May 06, 2021 9:47 am
Forum: Personal Consumer Issues
Topic: "Cooling" Materials
Replies: 25
Views: 1652

Re: "Cooling" Materials

Fabric and weaves with lots of surface area are good for evaporative cooling. Technical fabric with "grids" that keep a good-size area close, but not in direct contact with skin are good. Many of these synthetic "cooling" fabrics have these features as do microfiber cloths. A fla...
by livesoft
Thu May 06, 2021 8:52 am
Forum: Personal Investments
Topic: Retirees: Monthly vs Quarterly vs Annual Distributions
Replies: 25
Views: 1555

Re: Retirees: Monthly vs Quarterly vs Annual Distributions

Random, as needed. We use credit cards to pay for everything, so we know when the bills have to be paid.
by livesoft
Thu May 06, 2021 8:25 am
Forum: Forum Issues and Administration
Topic: Posts about cyber currencies
Replies: 22
Views: 828

Re: Posts about cyber currencies

I think some folks wanted to ban discussion of ETFs about ten years ago.

Full disclosure: I do not own any of these cyber thingies.
by livesoft
Thu May 06, 2021 8:20 am
Forum: Personal Finance (Not Investing)
Topic: HSA transfer to Fidelity - an in kind transfer?
Replies: 3
Views: 282

Re: HSA transfer to Fidelity - an in kind transfer?

I moved cash. I sold investments at TDAmeritrade in February 2020, moved them back to HSA Bank, then told Fidelity to grab the cash which was completed on March 16, 2020. It was easiest and turned out to be a great market timing move. I didn't tell TDAmeritrade nor HSABank to close my accounts, but ...
by livesoft
Thu May 06, 2021 7:04 am
Forum: Personal Investments
Topic: target retirement fund in a taxable account
Replies: 60
Views: 3419

Re: target retirement fund in a taxable account

Thanks David. Exactly what I was wondering. Is there a reason that this form seems to be an issue for some starting recently? I don't recall these complaints in years past. In years past, the tax prep software didn't do much with the form. For instance years ago HRBlock said "expand whole form...
by livesoft
Thu May 06, 2021 4:22 am
Forum: Personal Investments
Topic: Selling All Lots of Individual Stock In One Go - Tax?
Replies: 14
Views: 1056

Re: Selling All Lots of Individual Stock In One Go - Tax?

Do the math:
1. What did you pay for all the shares combined?
2. What did you sell all the shares for combined?
3. What is the difference?

Individual stocks do not use average cost basis, but math does not lie.
by livesoft
Wed May 05, 2021 8:29 pm
Forum: Personal Investments
Topic: Self management of retirement funds
Replies: 30
Views: 2709

Re: Self management of retirement funds

Thank you for such good advice on this forum Any advice on mixing multiple target funds in retirement IRA accounts. I plan on using target fund 2025 and target fund 2030. The idea is I wont need all the money right away. I also have other sources of income such as pension, and dividends from taxabl...
by livesoft
Wed May 05, 2021 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax advice for selling stock
Replies: 9
Views: 755

Re: Tax advice for selling stock

You should sell your losers tomorrow. Or did you mean that you already sold all your losers?

As for the rest of it, I would not jump to conclusions.
by livesoft
Wed May 05, 2021 8:02 pm
Forum: Personal Consumer Issues
Topic: "Cooling" Materials
Replies: 25
Views: 1652

Re: "Cooling" Materials

Not according to CR. So if you put tap water at 67 F on a towel, then the towel will be 30 F cooler than average body temperature. Duh! Hikers use wide-brimmed light-colored hats, light-colored sun hoodies, and sun umbrellas. And yes, they soak their neck gaiters and shirts in cold water, too. Any ...
by livesoft
Wed May 05, 2021 6:48 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1157
Views: 54364

Re: Bird watchers – what birds are you seeing?

Just to give y'all something to compare to, here is a low-res pic of a non-poisonous California mountain kingsnake that I came across:

Image

This should be my last snake pic post -- I do not need another thread of snake pics myself.
by livesoft
Wed May 05, 2021 6:38 pm
Forum: Personal Investments
Topic: Sell AGG Bond Fund to TLH and Buy Short-Term Bond Fund at Fidelity
Replies: 5
Views: 486

Re: Sell AGG Bond Fund to TLH and Buy Short-Term Bond Fund at Fidelity

Thanks Livesoft. Do the corporate bonds provide more inflation protection than government bonds? I doubt it. This concept of inflation protection is kind of ridiculous. No one would pay for a bond that didn't already factor expected inflation into the price. Neither would factor in unexpected infla...
by livesoft
Wed May 05, 2021 6:19 pm
Forum: Investing - Theory, News & General
Topic: Why does raising CG taxes decrease government revenue?
Replies: 22
Views: 1454

Re: Why does raising CG taxes decrease government revenue?

Well, we will know the future when we get there.
by livesoft
Wed May 05, 2021 6:16 pm
Forum: Personal Investments
Topic: Question on tax loss harvesting
Replies: 13
Views: 951

Re: Question on tax loss harvesting

Thank you! And to clarify, I originally purchased on 2/5. My last purchase was on 4/19 and I plan to sell at a loss on 5/20. Buy back on 6/21. I don't know why I have trouble wrapping my head around this... I just don't want to make an unforced error. Many thanks for the comments. You could sell al...
by livesoft
Wed May 05, 2021 5:48 pm
Forum: Investing - Theory, News & General
Topic: Why does raising CG taxes decrease government revenue?
Replies: 22
Views: 1454

Re: Why does raising CG taxes decrease government revenue?

langlands wrote: Wed May 05, 2021 5:42 pmCalifornia didn't increase its capital gains rate (which is simply the normal income tax rate). All this is saying is that the market did really well last year, so investors paid a lot of taxes (because they had large gains).
And those investors will pay Federal taxes, too.
by livesoft
Wed May 05, 2021 5:38 pm
Forum: Investing - Theory, News & General
Topic: Why does raising CG taxes decrease government revenue?
Replies: 22
Views: 1454

Re: Why does raising CG taxes decrease government revenue?

I certainly cannot explain it and I did not read the WSJ. However, there is this from February 2021 to suggest capital gains taxes increased the state of California revenue: https://sanfrancisco.cbslocal.com/2021/02/28/california-tax-revenues-soar-as-rich-get-richer-despite-pandemic/ But California’...
by livesoft
Wed May 05, 2021 5:24 pm
Forum: Personal Investments
Topic: When should I sell some stocks funds/Rebalance to preserve potential future losses?
Replies: 12
Views: 934

Re: When should I sell some stocks funds/Rebalance to preserve potential future losses?

So you are asking when should you change your Asset Allocation to 85/10 or 80/20?
by livesoft
Wed May 05, 2021 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: After an HSA rollover into Fidelity, close other account immediately or wait 1 year for 1099-R?
Replies: 7
Views: 530

Re: After an HSA rollover into Fidelity, close other account immediately or wait 1 year for 1099-R?

I don't think their is a 1099-R for HSAs. I do not recall getting anything at all from my former HSA that would need to be reported on my tax return.
by livesoft
Wed May 05, 2021 2:55 pm
Forum: Personal Investments
Topic: 529 Worthwhile For Graduate School?
Replies: 12
Views: 774

Re: 529 Worthwhile For Graduate School?

Your daughter probably won't be paying taxes on capital gains, so if you gave her the principal to invest for capital gains herself, then when she sold no taxes on them. That leads to: Give her shares NOW that have unrealized long-term capital gains. Have her sell to realize the gains and pay no tax...
by livesoft
Wed May 05, 2021 12:33 pm
Forum: Personal Investments
Topic: Sell AGG Bond Fund to TLH and Buy Short-Term Bond Fund at Fidelity
Replies: 5
Views: 486

Re: Sell AGG Bond Fund to TLH and Buy Short-Term Bond Fund at Fidelity

If in a taxable account, then it seems like a good idea to me. Just buy VCSH or SPSB which are both short-term corporate bond index funds. These are probably among the highest risk short-term bond funds. There are probably more than a couple dozen short-term bonds index ETFs, so one can pick their d...
by livesoft
Wed May 05, 2021 12:10 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1157
Views: 54364

Re: Bird watchers – what birds are you seeing?

Coral snake? Yes, a really healthy beautiful almost 3 foot long coral snake. I came across another one a few miles away the next day. Around us copperheads and cottonmouths are much more common. I haven't seen a rattlesnake close to home yet, but a few out backpacking. Many more non-poisonous snake...
by livesoft
Wed May 05, 2021 12:08 pm
Forum: Personal Investments
Topic: Question on tax loss harvesting
Replies: 13
Views: 951

Re: Question on tax loss harvesting

I just had one more follow up to my post... Is there a problem if I make two transactions (one in Fidelity and one in Vanguard) to sell at a loss to avoid a wash sale? For example, I have a $10k loss of Stock X at Fidelity. I have a $12k loss of the same stock X at Vanguard. I'd like to sell both o...
by livesoft
Wed May 05, 2021 8:15 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1157
Views: 54364

Re: Bird watchers – what birds are you seeing?

JAZZISCOOL wrote: Wed May 05, 2021 8:10 am... That snake looks pretty scary but the link says it isn't dangerous. :beer
We can post snake pics now? Here's one of three poisonous snakes that I've seen very recently. The video is better, but this is just a frame grabbed from it.

Image
by livesoft
Wed May 05, 2021 8:10 am
Forum: Personal Investments
Topic: IPS: Bond Allocation by Age (31M/29F) and Net Worth
Replies: 6
Views: 447

Re: IPS: Bond Allocation by Age (31M/29F) and Net Worth

... what would be the questions you'd ask yourself when creating your Investor Portfolio Statement. I would be asking, "Why do I even need an IPS? Just because someone on the Internet said I needed one? Do I even need one and if I make one, will I stick it in a drawer somewhere and never look ...
by livesoft
Wed May 05, 2021 7:51 am
Forum: Personal Investments
Topic: how to hedge your portfolio against rising interest rates
Replies: 14
Views: 611

Re: how to hedge your portfolio against rising interest rates

If you own your own home and have a little garden in the back, then you are mostly hedged, are you not? I lived through the late 1970s and 1980s. I don't even remember anything about inflation, but I do remember that I had a CD paying 12% interest. My point is that many people can be oblivious to in...
by livesoft
Wed May 05, 2021 7:47 am
Forum: Personal Investments
Topic: Investments in Roth and Taxable Accounts at Vanguard
Replies: 4
Views: 271

Re: Investments in Roth and Taxable Accounts at Vanguard

imyeti2 wrote: Wed May 05, 2021 7:25 am . Does it make sense to index in IRA? Any thoughts on what investments would best go in those accounts? Thanks.
What would be the alternative? Perhaps something that underperforms index funds? Interesting.
by livesoft
Wed May 05, 2021 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Can't wrap head around not having cash
Replies: 53
Views: 4922

Re: Can't wrap head around not having cash

The tax rate on the gains from selling equity funds is no higher than the tax rate on interest paid by a savings account. I haven't see people complain too much about a 10%+ return on cash nowadays and lament paying the tax on interest. And often the tax rate on the gains from selling equity funds i...
by livesoft
Tue May 04, 2021 9:00 pm
Forum: Personal Investments
Topic: investment choices
Replies: 18
Views: 889

Re: investment choices

thanks Retired@50, Yes, Apple has compensated for being more than a third in cash otherwise. that is why I am reluctant to sell it. Much to learn. thanks. What are your long-term plans for that Apple stock? If you are not going to ever sell it, then it is essentially dead money and as if you don't ...
by livesoft
Tue May 04, 2021 6:21 pm
Forum: Personal Investments
Topic: Best tax strategy for when to sell equities
Replies: 24
Views: 1704

Re: Best tax strategy for when to sell equities

I am not worrying about a CG tax because I am not in the income bracket for that and neither are you. And when you get married, your bracket will go down, too. I suppose your worry is RMDs in the future.
by livesoft
Tue May 04, 2021 6:05 pm
Forum: Personal Investments
Topic: Best tax strategy for when to sell equities
Replies: 24
Views: 1704

Re: Best tax strategy for when to sell equities

We cannot predict the future. I would probably give some shares away this year and sell some shares to use up the losses, and maybe a little more, but then wait until next year to decide what to do with the rest. Besides, if you purchase investments with the proceeds, then you may be able to sell th...
by livesoft
Tue May 04, 2021 5:29 pm
Forum: Personal Investments
Topic: Wash Sale Rule
Replies: 5
Views: 408

Re: Wash Sale Rule

Any disallowed loss is applied to the cost basis of the shares that created the disallowed loss. So a wash sale should be of no consequence. Without you publishing all your transactions in detail I think it will be impossible to explain to you what happened. Nevertheless, follow where the loss went ...
by livesoft
Tue May 04, 2021 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: UTMA custodian change
Replies: 15
Views: 865

Re: UTMA custodian change

When my MIL died, my spouse became the custodian of the UTMA accounts. I think change of custodian is routine for these accounts.

Just contact the place where the UTMA was created and ask.
by livesoft
Tue May 04, 2021 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Segregating Inherited/Non-Inherited Funds - Philosophy
Replies: 7
Views: 947

Re: Segregating Inherited/Non-Inherited Funds - Philosophy

Non-segregated. No sentimentality attached to it whatsoever. That leads to behavioral finance mistakes. I have even told my heirs not to attach any sentimentality to anything they inherit from me and explicitly given them permission to sell anything they want and do with it what they please. My asse...
by livesoft
Tue May 04, 2021 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Naive IRS Question
Replies: 8
Views: 745

Re: Naive IRS Question

What need is there to track reinvested dividends? Aren’t they covered shares which the brokerage tracks (or better/worse yet just use average cost basis). As you note, all that is needed is a brokerage account at a competent US brokerage. Everyone reading this that has a so-called taxable account s...
by livesoft
Tue May 04, 2021 8:00 am
Forum: Investing - Theory, News & General
Topic: Money on the sidelines
Replies: 28
Views: 3020

Re: Money on the sidelines

Anecdotally during March I overheard one coworker telling another they should go to 100% bonds in their retirement plan. The second coworker agreed and said things were looking pretty bad for stocks. These were both college educated people making 6 figures. That was prescient in early March. What h...
by livesoft
Tue May 04, 2021 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Withdraw strategy?
Replies: 3
Views: 441

Re: Withdraw strategy?

Depends on what kind of account the investment is in. Let's say it is in a taxable account. First, you probably do not reinvest the quarterly dividends. That is then about a 2% withdrawal rate per year. Since you were already paying taxes on those dividends, there is no change in the tax situation. ...
by livesoft
Tue May 04, 2021 7:35 am
Forum: Personal Investments
Topic: Best options for investing for kids?
Replies: 34
Views: 2309

Re: Best options for investing for kids?

I do not understand why BH prefers saving for college in taxable over 529. You've got 18 years for that money to potentially quadruple. Why would you keep that in a taxable account? My response was about where to start saving NOW and not the ultimate end point. Eventually, for a wealthy family a 52...
by livesoft
Tue May 04, 2021 7:28 am
Forum: Personal Investments
Topic: Best options for investing for kids?
Replies: 34
Views: 2309

Re: Best options for investing for kids?

[...]Savings bond interest is tax free if used for qualified educational expenses, .... This is a common misconception in that the full story is that the savings bond interest is tax-free if one has low enough income when they are cashed in and used for college. It is not tax-free for moderate and ...
by livesoft
Mon May 03, 2021 10:11 pm
Forum: Personal Investments
Topic: Index ETF’s vs Index Mutual Funds
Replies: 18
Views: 1338

Re: Index ETF’s vs Index Mutual Funds

-- MFs offer an advantage if you would like dividends and cap gains to be automatically reinvested in the same fund (in a tax-advantaged account) ETFs have the same advantage: If you would like the dividends and cap gains paid by the ETF to be automatically reinvested in the ETF (same fund) then th...
by livesoft
Mon May 03, 2021 7:40 pm
Forum: Personal Investments
Topic: Index ETF’s vs Index Mutual Funds
Replies: 18
Views: 1338

Re: Index ETF’s vs Index Mutual Funds

I own both. From what I see on this message forum, there are folks that have anxiety when placing ETF orders because they fear not getting a fair price more than they appreciate getting a good price. I think the anxiety comes from the fact that they get to choose for their order the time of day and ...
by livesoft
Mon May 03, 2021 6:35 pm
Forum: Investing - Theory, News & General
Topic: Basic Investing Principles: the Video
Replies: 11
Views: 683

Re: Basic Investing Principles: the Video

TikTok or go home.

Get crackin'' because something else will replace TikTok shortly and you want to surf that wave as long as you can.
by livesoft
Mon May 03, 2021 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take capital gains payout? Unnecessary Tax hit?
Replies: 17
Views: 1605

Re: Should I take capital gains payout? Unnecessary Tax hit?

The "About 10K in Qualified Dividends income" gives the size of your taxable portfolio. I would consider this pay out a rebalancing move to become more diversified. Maybe put some toward your mortgage, too. Then it's on to the next deal. Good luck!
by livesoft
Mon May 03, 2021 6:25 pm
Forum: Investing - Theory, News & General
Topic: Money on the sidelines
Replies: 28
Views: 3020

Re: Money on the sidelines

You guys/gals must not read many of the post on this forum. There have been tons of them about people selling everything in March/April 2020 and regretting not getting back in the market. That might be your perception, but it is not mine. Sure, there are some threads, but not "tons." Also...
by livesoft
Mon May 03, 2021 5:41 pm
Forum: Personal Consumer Issues
Topic: Who will install non-OEM parts I bought for my car?
Replies: 51
Views: 3176

Re: Who will install non-OEM parts I bought for my car?

It's pretty clear that the OP is doing exactly what you stated above, which I bolded - converting from non-power mirrors to power-folding mirrors . I disagree. The mirror adjustments are powered from the driver seat as is typical nowadays, but the folding is not power-folding. It is manual folding.
by livesoft
Mon May 03, 2021 5:39 pm
Forum: Personal Consumer Issues
Topic: Who will install non-OEM parts I bought for my car?
Replies: 51
Views: 3176

Re: Who will install non-OEM parts I bought for my car?

I used to own a Nissan Maxima with manual transmission. This mirror part is trivial to install and I expect the next post from the OP tells us that they installed the mirror themselves in about 10 minutes.