Search found 76445 matches

by livesoft
Fri Jul 30, 2021 5:57 pm
Forum: Investing - Theory, News & General
Topic: Mobile Investment Apps
Replies: 3
Views: 73

Re: Mobile Investment Apps

I have an internet browser on my phone and found that it is more than sufficient for my needs to view my online accounts and place the occasional trade. My phone is mobile. Also works to read this forum without issues. I don't need to clutter up my phone with bloatware.
by livesoft
Fri Jul 30, 2021 5:03 pm
Forum: Personal Investments
Topic: When lump sum in hot market think of TLH as a little downside protection?
Replies: 3
Views: 170

Re: When lump sum in hot market think of TLH as a little downside protection?

I have 2 questions. First, if I buy VTSAX (Total U.S) in my brokerage, can I TLH (tax loss harvest) if I hold VTSAX in my other accounts? Of course, you can. I do. Wash sales are easily avoided and not illegal. Second. I see many posts here regarding people worrying about lump sum investing a windf...
by livesoft
Fri Jul 30, 2021 3:42 pm
Forum: Personal Investments
Topic: Mutual Fund - PRWCX Tax ?
Replies: 4
Views: 175

Re: Mutual Fund - PRWCX Tax ?

You see realized capital gains because the fund managers trade stocks and realize capital gains. By law, those have to be passed on to shareholders, so that the shareholders can pay income tax on them if the shareholders hold the shares in a so-called non-qualified taxable account. Some of this is e...
by livesoft
Fri Jul 30, 2021 3:24 pm
Forum: Personal Investments
Topic: Vanguard IRA Contribution Frustrations
Replies: 11
Views: 705

Re: Vanguard IRA Contribution Frustrations

I'd solve this with a phone call. It seems it has been about 8 hours since the start of the thread.
by livesoft
Fri Jul 30, 2021 2:47 pm
Forum: Personal Consumer Issues
Topic: Request help choosing a phone
Replies: 21
Views: 1483

Re: Request help choosing a phone

I'd wait for the iPhone 13. Hopefully they will bring back touch ID in some form. We've been getting 5 years out of our iPhones, easily. I wouldn't mess with Android-based phones. I don't like the interface. Not even the fantastic touch ID on Android? We have Apple, Samsung, and Google phones in th...
by livesoft
Fri Jul 30, 2021 12:13 pm
Forum: Personal Investments
Topic: Calculator: Taxes owed in retirement
Replies: 11
Views: 784

Re: Calculator: Taxes owed in retirement

Consider just making some multiple fake tax returns with tax-prep software. That's what I have done.
by livesoft
Fri Jul 30, 2021 11:45 am
Forum: Personal Consumer Issues
Topic: Request help choosing a phone
Replies: 21
Views: 1483

Re: Request help choosing a phone

An important consideration is how long the phone will continue to get security updates. Is it really an important consideration? If I pay $700 for a phone because it will last 7 years and get security updates during that time, is that not the same as paying $350 for phone for 3.5 years and another ...
by livesoft
Fri Jul 30, 2021 11:22 am
Forum: Investing - Theory, News & General
Topic: Why does a stock’s price seem to fall after it beats expectations?
Replies: 7
Views: 542

Re: Why does a stock’s price seem to fall after it beats expectations?

I guess some folks don't remember that reported earnings can be manipulated and really do not mean much. Before 2000, it seems that many stocks "beat expectations" by 1 cent pretty much routinely. Those crafty CFOs knew what they were doing.
by livesoft
Fri Jul 30, 2021 9:34 am
Forum: Personal Consumer Issues
Topic: Best Basic Watch
Replies: 38
Views: 1566

Re: Best Basic Watch

Thank you for the replies, I should have put in the original post that I do not want digital. But do you mean you want real watch hands that move with a gear mechanism or would you be OK with a watch that has a display of moving hands? Or multiple choices of displays of moving hands? :) In any case...
by livesoft
Fri Jul 30, 2021 9:19 am
Forum: Personal Finance (Not Investing)
Topic: How much financial support do you plan on giving to your kids after high school?
Replies: 104
Views: 5901

Re: How much financial support do you plan on giving to your kids after high school?

Ha. My question really was, why do you expect them to support you? OK, I really don't expect that. It is more "a good offense is the best defense" sort of thing. Our kids don't expect anything from us anymore and we don't expect anything from them. However, giving to each other sure greas...
by livesoft
Fri Jul 30, 2021 7:53 am
Forum: Personal Finance (Not Investing)
Topic: How much financial support do you plan on giving to your kids after high school?
Replies: 104
Views: 5901

Re: How much financial support do you plan on giving to your kids after high school?

We planned on giving our kids the minimal financial support they would need to stay afloat. Indeed, we expect them to support us instead. Already, the oldest has taken over the cell phone family plan, so we do not have to worry about that. The youngest does Netflix for us. I expect more support fro...
by livesoft
Thu Jul 29, 2021 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: How much financial support do you plan on giving to your kids after high school?
Replies: 104
Views: 5901

Re: How much financial support do you plan on giving to your kids after high school?

Did you intentionally or unintentionally/subliminally push your offspring into high-paying occupations? Not that I know of. My oldest has essentially the same education, credentials, and career as my spouse: Civil Engineer, PE. My youngest has his dream job in sports medicine though not as a physic...
by livesoft
Thu Jul 29, 2021 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much financial support do you plan on giving to your kids after high school?
Replies: 104
Views: 5901

Re: How much financial support do you plan on giving to your kids after high school?

We planned on giving our kids the minimal financial support they would need to stay afloat. Indeed, we expect them to support us instead. Already, the oldest has taken over the cell phone family plan, so we do not have to worry about that. The youngest does Netflix for us. I expect more support from...
by livesoft
Thu Jul 29, 2021 6:53 pm
Forum: Personal Investments
Topic: Help: Move $$$ from bond fund to Voya?
Replies: 5
Views: 305

Re: Help: Move $$$ from bond fund to Voya?

3% is an annual rate. There are only 5 months left in 2021. There are usually 12 months in a year. 5 divided by 12 times 3% is 1.25% for the remaining 5 months of 2021.
by livesoft
Thu Jul 29, 2021 6:30 pm
Forum: Personal Investments
Topic: Help: Move $$$ from bond fund to Voya?
Replies: 5
Views: 305

Re: Help: Move $$$ from bond fund to Voya?

While you can do this, consider the following: The Voya investment will pay you 5/12ths of 3% for the rest of the year or 1.25%. The MWTIX bond fund has gone UP about 1.9% in the past 3 months and might go up another 2% before the end of 2021. Everybody likes a volatile bond market when bonds are go...
by livesoft
Thu Jul 29, 2021 6:16 pm
Forum: Personal Investments
Topic: Confessions of a serial ex-trader
Replies: 17
Views: 2036

Re: Confessions of a serial ex-trader

Maybe find something else that is risky and satisfies the need for thrill seeking? Motorcycle racing? Solo backpacking? Getting married?
by livesoft
Thu Jul 29, 2021 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Sole Prop Taxesl/SS/FICA/Payroll service Advice?
Replies: 14
Views: 591

Re: Sole Prop Taxesl/SS/FICA/Payroll service Advice?

AB609 wrote: Thu Jul 29, 2021 2:36 pm I would use tax software (HR Block, Turbo Tax, etc) to put together a mock 2020 return (not to file, just to see the tax bill). That should get you pretty close. The tax programs will even print the forms for filing your estimated taxes for 2021.
Me, too. Indeed, I do this.
by livesoft
Thu Jul 29, 2021 4:07 pm
Forum: Personal Consumer Issues
Topic: Visiting Seattle -- where to stay and do we need a car?
Replies: 20
Views: 1422

Re: Visiting Seattle -- where to stay and do we need a car?

I never had a car when visiting Seattle. I have stayed near the Space Needle in a Best Western which means I could walk everywhere needed including to the ferry to go to Bainbridge Island (or any harbor / whale sightseeing tours) and visit the art museum there. Also I could book tours to the Boeing ...
by livesoft
Thu Jul 29, 2021 2:28 pm
Forum: Personal Investments
Topic: Fidelity new account - can't trade yet
Replies: 6
Views: 503

Re: Fidelity new account - can't trade yet

Totally consistent. Fidelity also has to verify your identity to comply with the P.A.T.R.I.O.T. Act which could take some time.
by livesoft
Thu Jul 29, 2021 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: National Park Service Jobs
Replies: 16
Views: 2140

Re: National Park Service Jobs

I know some seasonal park rangers. They have to re-apply annually, but their past experience, skills, and the fact that one is a veteran give them a leg up. I think it would be easier to get a job with a concessionaire like Xanterra and work in food service in a NP. But that also means living in a b...
by livesoft
Thu Jul 29, 2021 1:47 pm
Forum: Investing - Theory, News & General
Topic: How Much Cash or Cash Equivalents Do You Keep Around?
Replies: 68
Views: 5763

Re: How Much Cash or Cash Equivalents Do You Keep Around?

I would think that only 100% equity folks would need to "avoid selling equities in a down market", so that if they keep cash or cash equivalents around, then they are not really 100% equity folks anyways. In a down market, I would think that investors would use their bond funds for rebalan...
by livesoft
Thu Jul 29, 2021 12:14 pm
Forum: Investing - Theory, News & General
Topic: Are these wash sales?
Replies: 27
Views: 1029

Re: Are these wash sales?

I would not consider them wash sales myself. Also you did not state that you would be selling shares at a loss anyways. One of them FSGGX is at a loss. Is it still not a wash sale? While FSGGX is substantially similar to VXUS, I would not consider FSGGX substantially identical to VXUS. A quick look...
by livesoft
Thu Jul 29, 2021 11:00 am
Forum: Investing - Theory, News & General
Topic: Are these wash sales?
Replies: 27
Views: 1029

Re: Are these wash sales?

I would not consider them wash sales myself.

Also you did not state that you would be selling shares at a loss anyways.
by livesoft
Thu Jul 29, 2021 10:46 am
Forum: Personal Investments
Topic: Vanguard International Fund (VTIAX)
Replies: 4
Views: 757

Re: Vanguard International Fund (VTIAX)

The reason that fair value pricing was implemented is that before implementation some people would use the stale prices of international mutual funds to take advantage of other investors. That alone should answer your "Why not forget about ...?" question.
by livesoft
Thu Jul 29, 2021 10:44 am
Forum: Investing - Theory, News & General
Topic: How to understand all that's going on with GME [GameStop]
Replies: 169
Views: 18515

Re: Is Gamestop really such an important company in the US economy?

The folks who have sold their Gamestop stock at a huge profit have to put the profits back into the economy.
by livesoft
Thu Jul 29, 2021 8:48 am
Forum: Personal Investments
Topic: Taxes on Roth Conversion
Replies: 6
Views: 797

Re: Taxes on Roth Conversion

If "matter" means paying more taxes or not, then Yes, it probably does matter. One can do two different "What if?" tax returns today with each scenario and see what I mean. This is because traditional IRA withdrawals are taxed differently than both return of capital (not taxed) f...
by livesoft
Thu Jul 29, 2021 8:16 am
Forum: Personal Investments
Topic: College savings Roth IRA
Replies: 1
Views: 238

Re: College savings Roth IRA

I think the main beauty of a Roth IRA is that college may ultimately be paid from other sources and the Roth IRA assets will not be needed for that. As for what to use in the Roth IRA for an investment, I think a target date fund of index funds would be appropriate, but so would something like 100% ...
by livesoft
Thu Jul 29, 2021 8:02 am
Forum: Personal Investments
Topic: Roth Conversion Tax Question
Replies: 11
Views: 1060

Re: Roth Conversion Tax Question

I get how a Roth works when you do normal contributions and when you pull out funds in retirement. I would have thought that you would just pay taxes on the cost basis when converting since that is what you would have been taxed on if you had contributed originally to a Roth rather than traditional...
by livesoft
Thu Jul 29, 2021 7:37 am
Forum: Personal Investments
Topic: Vanguard International Fund (VTIAX)
Replies: 4
Views: 757

Re: Vanguard International Fund (VTIAX)

A white paper on the subject found at vanguard.com: https://institutional.vanguard.com/iam/pdf/FVTRANSC.pdf If one uses the search term "fair value pricing", then one can find more such explanations if needed as the one above is not too detailed. Also realize that the cognate ETF of VTIAX ...
by livesoft
Thu Jul 29, 2021 7:09 am
Forum: Personal Consumer Issues
Topic: Any literature on the financial benefits of staying fit/healthy?
Replies: 47
Views: 2767

Re: Any literature on the financial benefits of staying fit/healthy?

If one dies young, then one doesn't need to save for retirement. So there are financial anti-benefits of staying fit/healthy, too.
by livesoft
Wed Jul 28, 2021 7:04 pm
Forum: Personal Investments
Topic: Reply to Relationship Manager?
Replies: 37
Views: 3298

Re: Reply to Relationship Manager?

I once answered a survey about the Wells Fargo brokerage web site that I use. I even left a comment that said something like "Call me to discuss some more detailed suggestions for making the website better for my needs at this number xxx-xxx-xxxx." I got the phone call and had a delightful...
by livesoft
Wed Jul 28, 2021 6:44 pm
Forum: Personal Investments
Topic: Reply to Relationship Manager?
Replies: 37
Views: 3298

Re: Reply to Relationship Manager?

DTalos wrote: Wed Jul 28, 2021 6:39 pmWhat kind of things would this relationship manager try to sell me?
Why not ask them? Maybe a new 0.1% AUM fee plan to invest your money in a 3-fund portfolio that does tax-loss harvesting for you?
by livesoft
Wed Jul 28, 2021 6:36 pm
Forum: Personal Investments
Topic: Reply to Relationship Manager?
Replies: 37
Views: 3298

Re: Reply to Relationship Manager?

I have answered these calls occasionally and chatted with the person on the other end. They are just doing their job. A new person comes along every so often and they had better call everyone on the list because they can then report to their supervisor that they did call everyone on their list and t...
by livesoft
Wed Jul 28, 2021 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: College Tuition - Variable vs Fixed (inflationary environment)
Replies: 7
Views: 463

Re: College Tuition - Variable vs Fixed (inflationary environment)

Point # 1 - The money invested for this will be in fixed income/as good as cash as it will be used in 2-3 years. So, how could it exceed that price increase? Well, then that's a problem, isn't it? Our money is fungible, so we just have a 60/40 overall portfolio and didn't earmark money specifically...
by livesoft
Wed Jul 28, 2021 4:54 pm
Forum: Personal Investments
Topic: question about posting for advice
Replies: 10
Views: 1180

Re: question about posting for advice

Here are examples of current threads who posted using the recommended format: (your questions will obviously be different than theirs) https://www.bogleheads.org/forum/viewtopic.php?p=6143516 Nope. Total portfolio adds up to 200% and not 100%. https://www.bogleheads.org/forum/viewtopic.php?p=6144226
by livesoft
Wed Jul 28, 2021 4:09 pm
Forum: Personal Consumer Issues
Topic: [Need a product to deter chickens from being in flower beds]
Replies: 30
Views: 1386

Re: [Need a product to deter chickens from being in flower beds]

I was hoping MrBobcat was going to suggest a bobcat. I came across a bobcat the other day and there were no chickens anywhere around to be seen. Here's a photo I took of the bobcat.
by livesoft
Wed Jul 28, 2021 3:37 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value US vs International Small Cap Value
Replies: 14
Views: 1419

Re: Small Cap Value US vs International Small Cap Value

So I am trying to tilt more and more away from US large caps by adding SCV, Intl, Intl SCV, and EM You and I do that at our own peril. Basically, there is no way to predict the future, so you are really on your own here. What you may find is that you will agree with folks who support your biases an...
by livesoft
Wed Jul 28, 2021 3:34 pm
Forum: Personal Consumer Issues
Topic: How much did you spend on Furniture?
Replies: 55
Views: 3522

Re: How much did you spend on Furniture?

It is not common to spend that much money on a room that most people do not use. Our living room has a weight bench, weights, a desk, a bookshelf, a piano, and a filing cabinet. I suppose all in, the cost was $4,000 with the piano being the major expense. But since this is a dream of yours, then ple...
by livesoft
Wed Jul 28, 2021 3:27 pm
Forum: Personal Investments
Topic: question about posting for advice
Replies: 10
Views: 1180

Re: question about posting for advice

My traditional IRA is a mix of stocks and bonds. Should I put, for instance, VFIAX 50% stocks, 50% bonds? If your traditional IRA is 100% of your portfolio and you do not have any 401(k) nor 403(b) nor Roth IRA nor others accounts, then yes. But if your traditional IRA is only 15% of your entire po...
by livesoft
Wed Jul 28, 2021 3:00 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value US vs International Small Cap Value
Replies: 14
Views: 1419

Re: Small Cap Value US vs International Small Cap Value

I came to the conclusion many years ago that I wanted a significant allocation to small caps for both US and the foreign equities, but that even so I also came to the conclusion that I will never be able to tell if it moves the performance needle or not. I have 51% of my foreign holdings in VSS and ...
by livesoft
Wed Jul 28, 2021 10:22 am
Forum: Personal Consumer Issues
Topic: Request help choosing a phone
Replies: 21
Views: 1483

Re: Request help choosing a phone

Any smart phone camera might be improved with add-on lenses from Moment or one of its competitors. I use a Google Pixel 4a phone which was about $350 when I bought it. It is not a big phone like some of the flagship phones from Samsung and Apple.
by livesoft
Wed Jul 28, 2021 9:46 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting Systems
Replies: 11
Views: 1124

Re: Tax Loss Harvesting Systems

You can only deduct 3k a year for all your accounts correct? I have been wondering if its even worth managing at all. Against ordinary income, but realized capital gains are not ordinary income. In retirement, a large fraction of our income comes from capital gains. Because of previous tax-loss har...
by livesoft
Wed Jul 28, 2021 7:59 am
Forum: Personal Consumer Issues
Topic: Men - need boxer brief recommendations
Replies: 64
Views: 6000

Re: Men - need boxer brief recommendations

OK, it has been a few days, so surely someone has acted on this advice and is now wearing some new "boxer brief" underwear. What is the actual verdict for those that followed any of the recommendations in this thread and changed their underwear? I’m wearing my new Under Armour recommendat...
by livesoft
Wed Jul 28, 2021 5:39 am
Forum: Personal Consumer Issues
Topic: Men - need boxer brief recommendations
Replies: 64
Views: 6000

Re: Men - need boxer brief recommendations

OK, it has been a few days, so surely someone has acted on this advice and is now wearing some new "boxer brief" underwear.

What is the actual verdict for those that followed any of the recommendations in this thread and changed their underwear?
by livesoft
Tue Jul 27, 2021 5:18 pm
Forum: Personal Investments
Topic: Is this a wash sale?
Replies: 3
Views: 500

Re: Is this a wash sale?

If you sell shares at a loss in all three, then buying shares of any of them in the following 30 calendar days would create a wash sale. Of course, you have possibilities such as selling shares at a loss in only 2 of them and buying more shares in the 3rd one. Maybe the third one will continue to ha...
by livesoft
Tue Jul 27, 2021 2:31 pm
Forum: Personal Consumer Issues
Topic: How to become an Adjunct Professor?
Replies: 63
Views: 4680

Re: How to become an Adjunct Professor?

1. Offer to teach for free and/or at no cost to the university.

2. Be a well-published expert in the field to be taught.

3. Have friends in the department (not just the school) who are decision makers where you want to work.
by livesoft
Tue Jul 27, 2021 1:55 pm
Forum: Investing - Theory, News & General
Topic: Sludge versus Nudge
Replies: 1
Views: 479

Sludge versus Nudge

Richard Thaler's and Cass Sunstein's book Nudge has been updated and revised. Here's an article on that which mentions "Sludge." When you read this, you will instantly know what this is. https://www.npr.org/sections/money/2021/07/27/1020966312/the-behavioral-economics-manifesto-gets-revised
by livesoft
Tue Jul 27, 2021 1:27 pm
Forum: Personal Consumer Issues
Topic: New Garmin GPS - charging issue or not?
Replies: 39
Views: 1239

Re: New Garmin GPS - charging issue or not?

Technically, it's not ALWAYS there on your phone. You get out of cell tower coverage, and your phone Maps app stops working. Garmin GPS is satellite-based and always works, even out in the middle of nowhere. But that's just a nitpick. :) Phone GPS is satellite-based by definition. With offline maps...
by livesoft
Tue Jul 27, 2021 1:19 pm
Forum: Personal Investments
Topic: Automatic recurring stock/ETF sell orders?
Replies: 11
Views: 625

Re: Automatic recurring stock/ETF sell orders?

Seems like what I am looking for is a "systematic withdrawal plan .... One could have a single mutual fund that was used for this purpose and the rest of the portfolio was ETFs. Maybe once a year manually move money from non-mutual fund assets into the mutual fund. One would still have to dete...