Search found 75467 matches

by livesoft
Fri Apr 16, 2021 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Spend down cash to bridge to social security?
Replies: 25
Views: 2621

Re: Spend down cash to bridge to social security?

Sorry if this is posted elsewhere, but would your view change if you (or OP) were <= 55 with 4+ years before you can [easily] access your retirement accounts and needed to balance "income" for ACA? In my view, cash gives more options for income/tax management in those early years... Just ...
by livesoft
Fri Apr 16, 2021 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle this? -- big utility company problem!
Replies: 68
Views: 4844

Re: How would you handle this? -- big utility company problem!

I got everything I wanted. Thanks to everyone who commented with ideas and encouragement. And if you are ever in a battle with a utility company... remember your state's Public Commission exists to help you. Thanks --- Brian Nicely done! As for my state's PUC, we shall have to see how all the lawsu...
by livesoft
Fri Apr 16, 2021 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: New vs used car in a strong used car market
Replies: 41
Views: 3185

Re: New vs used car in a strong used car market

I would buy myself a new car and give my old car to my child.
by livesoft
Fri Apr 16, 2021 7:19 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1085
Views: 49731

Re: Bird watchers – what birds are you seeing?

JAZZISCOOL wrote: Fri Apr 16, 2021 7:09 pm ^Livesoft:

Nice owl photo! Is that a Saw-whet owl? I can't see how large it is from the photo.
Thanks. Barred owl.
by livesoft
Fri Apr 16, 2021 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Spend down cash to bridge to social security?
Replies: 25
Views: 2621

Re: Spend down cash to bridge to social security?

Anyone else done this? How well did it work? Haven't done that. Instead, I spend any cash I find on stock ETFs and bond ETFs so that my 60/40 portfolio grows. In order to pay expenses, I do sell stock ETFs and bond ETFs as needed. I feel that whether I have any cash or not is NOT going to save my 6...
by livesoft
Fri Apr 16, 2021 6:36 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1085
Views: 49731

Re: Bird watchers – what birds are you seeing?

In the woods, broad daylight. Who's seeing who?

Cell phone pic:

Image
by livesoft
Fri Apr 16, 2021 3:58 pm
Forum: Investing - Theory, News & General
Topic: WSJ Article: New Investors Discover Tax Pitfalls of Robinhood and Other Trading Apps
Replies: 15
Views: 1949

Re: WSJ Article: New Investors Discover Tax Pitfalls of Robinhood and Other Trading Apps

IIRC, TDAM requires you to select cost basis for shares you sell after you make the sale, but before it settles (2-3 days). But you can do it online, which makes it easier than RH's process. TDAM has a little drop down menu on order entry to select an algorithm (your chosen method, LIFO, FIFO, HIFO...
by livesoft
Fri Apr 16, 2021 3:45 pm
Forum: Personal Investments
Topic: Market Timing Change
Replies: 46
Views: 2637

Re: Market Timing Change

peddler12 wrote: Thu Apr 15, 2021 3:07 pm
livesoft wrote: Thu Apr 15, 2021 3:05 pm Buy something that has actually dropped a little bit since you sold. Easy.
Thank you livesoft.
So you bought back almost everything you sold, right?
by livesoft
Fri Apr 16, 2021 2:37 pm
Forum: Personal Consumer Issues
Topic: New car same price as 1 year old
Replies: 24
Views: 2184

Re: New car same price as 1 year old

I'm laughing about the "one year old" vehicle price. Dealers have these old used cars on their lots priced at about new prices to make people contrast them to new prices and then go, "Hmmm, I can get a new car at the same price or lower than an old car, so I will just buy a new car.&q...
by livesoft
Fri Apr 16, 2021 1:53 pm
Forum: Investing - Theory, News & General
Topic: Are Two College Savings Plans Better Than One?
Replies: 24
Views: 1427

Re: Are Two College Savings Plans Better Than One?

We had two 529 plans for each of our children: a plan of all equity owned by my spouse and a plan of all fixed income owned by me. That allowed us to tax loss harvest the plan with all equities without interference from the plan of all fixed income. Tax laws have changed since then.
by livesoft
Fri Apr 16, 2021 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: What Does College Tuition Really Cost?
Replies: 84
Views: 6553

Re: What Does College Tuition Really Cost?

I understand what tuition cost at my state universities (about $15K a year), but I'm not sure what it would cost for private or even out of state state universities. I keep on hearing that you get tuition breaks for being a good student, finance etc. For background my kid will have a 4.0 GPA (but n...
by livesoft
Fri Apr 16, 2021 12:52 pm
Forum: Investing - Theory, News & General
Topic: Schwab trying to dissuade me from Vanguard bond funds
Replies: 25
Views: 3447

Re: Schwab trying to dissuade me from Vanguard bond funds

Throw them some money and see what happens. Your personal experience will matter much more than anything you will read here.
by livesoft
Fri Apr 16, 2021 12:16 pm
Forum: Personal Investments
Topic: Moving from Mutual Funds to ETFs: Market or Limit Buys?
Replies: 16
Views: 1109

Re: Moving from Mutual Funds to ETFs: Market or Limit Buys?

... I have a 60 day buy order for $128. I would never have limit order out there for more than the current market session (good for day). Instead, I would set a price alert at my broker so the broker would send me an e-mail or text message for any given price. When I got the alert, then I would dec...
by livesoft
Fri Apr 16, 2021 11:26 am
Forum: Personal Investments
Topic: Moving from Mutual Funds to ETFs: Market or Limit Buys?
Replies: 16
Views: 1109

Re: Moving from Mutual Funds to ETFs: Market or Limit Buys?

This dilemma is exactly what has kept me from converting my VG mutual funds to their ETF equivalents. Uh.. you don't have to sell and buy... you can ask vanguard to convert them. I thought it was clear that NYCPete knew they could do the conversion, but NYCPete didn't want to deal with the anxiety ...
by livesoft
Fri Apr 16, 2021 11:25 am
Forum: Personal Investments
Topic: Moving from Mutual Funds to ETFs: Market or Limit Buys?
Replies: 16
Views: 1109

Re: Moving from Mutual Funds to ETFs: Market or Limit Buys?

When I've looked at rebalancing if I decided to move to using ETFs, I keep coming back to the same conclusion. Which is that, when taking into account volatility and wondering when to execute orders, ETFs don't seem all that competitive if the mutual fund alternative is also relatively comparable i...
by livesoft
Fri Apr 16, 2021 11:18 am
Forum: Personal Investments
Topic: Moving from Mutual Funds to ETFs: Market or Limit Buys?
Replies: 16
Views: 1109

Re: Moving from Mutual Funds to ETFs: Market or Limit Buys?

Send me via PM or just put it here what the ticker symbols are and I will give an explicit answer. One will probably do both market orders and limit orders. One can do it in chunks over days, too. Or all at once. Get some practice with smaller amounts and have some fun and learn something for your e...
by livesoft
Fri Apr 16, 2021 10:48 am
Forum: Personal Investments
Topic: Changing bond allocation from 100% BND?
Replies: 8
Views: 1195

Re: Changing bond allocation from 100% BND?

I think it is OK to mess with your 40% in bonds. I certainly do. BUT!!! BUT: Be sure you keep careful and accurate records of the performance of Total US Bond and whatever else you do. That is, if you don't change what would the performance be? And whatever you change to, what is the actual performa...
by livesoft
Fri Apr 16, 2021 8:27 am
Forum: Personal Investments
Topic: New 60/40 idea any good?
Replies: 10
Views: 1745

Re: New 60/40 idea any good?

With your fixed income locked up, how would you rebalance into equities such as in March 2020?
by livesoft
Fri Apr 16, 2021 8:05 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 97
Views: 5412

Re: can I get boglehead approval for a 70K truck?

What did your mother say?
by livesoft
Fri Apr 16, 2021 7:33 am
Forum: Personal Investments
Topic: 403 overcontribution- 1099 form?
Replies: 4
Views: 273

Re: 403 overcontribution- 1099 form?

Hello. I changed my job last year (2020) and overcontributed to my 403b by $911 I realized this in early March 2021 and requested my current employer to correct this by removing $1000 Fidelity sent me a check for $1350 However, I do not have a 1099-R form. I called Fidelity and they said the form w...
by livesoft
Thu Apr 15, 2021 6:23 pm
Forum: Personal Investments
Topic: Bond Allocation
Replies: 3
Views: 558

Re: Bond Allocation

After doing well riding the past bond market interest rate yield down to the present, I currently have all my bonds in short term Treasuries (VFIRX,FUMBX). I know there is no easy answer but would you start shoveling all or some of bonds into VBTLX now? No, I would not. I sell bond fund shares when...
by livesoft
Thu Apr 15, 2021 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth
Replies: 5
Views: 293

Re: Backdoor Roth

Do you really care if you have to pay an extra $1, 55, $10, $50 in taxes? After all, if the contribution limit was higher I think you would contribute a higher amount, right? There would be no new taxes on your original contribution that's for certain.
by livesoft
Thu Apr 15, 2021 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth
Replies: 5
Views: 293

Re: Backdoor Roth

Hello! Long time lurker and first time poster here. I have a question about Backdoor Roth. Its my understanding that if i have NO traditional IRA anywhere it will be no taxes due on a conversion correct? Allowed amount in= same amount out. Thank you! That's a slight misunderstanding I think. If you...
by livesoft
Thu Apr 15, 2021 4:08 pm
Forum: Personal Investments
Topic: Help for a newbie ETF/index fund investor?
Replies: 3
Views: 260

Re: Help for a newbie ETF/index fund investor?

If $SPY is the S&P500 SPDR with ticker symbol SPY, then I would not call it "safe." Stocks, and ETFs of stocks and equities are not safe.

I suggest a pause and start at https://www.bogleheads.org/wiki/Getting_started
by livesoft
Thu Apr 15, 2021 3:05 pm
Forum: Personal Investments
Topic: Market Timing Change
Replies: 46
Views: 2637

Re: Market Timing Change

Buy something that has actually dropped a little bit since you sold. Easy.
by livesoft
Thu Apr 15, 2021 1:53 pm
Forum: Personal Consumer Issues
Topic: Replacement battery for solar landscape lights?
Replies: 10
Views: 545

Re: Replacement battery for solar landscape lights?

badger42 wrote: Thu Apr 15, 2021 1:31 pm As long as they are still 3.2V / same chemistry, any of the 1000mAh batteries should be fine. Charging cutoffs are done by voltage, not capacity.
This.
by livesoft
Thu Apr 15, 2021 1:39 pm
Forum: Personal Investments
Topic: Bond ladder vs. Bond fund (edited)
Replies: 8
Views: 1111

Re: Bond ladder vs. Bond fund

I haven't read this, but it may be helpful: https://www.bogleheads.org/wiki/Rolling_ladders_versus_bond_funds Personally, I want to use bond ETFs so that I can sell some shares on days like today and buy them back when they are 0.5% lower. I do not sell ALL shares that I own, so I am never out of th...
by livesoft
Thu Apr 15, 2021 1:12 pm
Forum: Personal Investments
Topic: When / how often to rebalance
Replies: 6
Views: 554

Re: When / how often to rebalance

Just change where your monthly contributions go in order to do a rebalance "on-the-fly." You can make the change whenever you feel like it. Your current allocation is close enough to your nominal allocation and well within most triggering bands that I have seen, so if you do nothing for no...
by livesoft
Thu Apr 15, 2021 12:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14751
Views: 1133720

Re: U.S. stocks continue to soar!

TheTimeLord wrote: Thu Apr 15, 2021 12:21 pmLivesoft endorsing the MTUM, today is a momentous day indeed.
I am not endorsing buying MTUM today. If one owns it and needs to rebalance out of equities, then selling it today would be something to consider.
by livesoft
Thu Apr 15, 2021 12:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14751
Views: 1133720

Re: U.S. stocks continue to soar!

e5116 wrote: Thu Apr 15, 2021 12:06 pm I keep waiting for a pullback and it never happens.
Here is what the pullback looked like in 2021 in a Morningstar chart:

Image

You must have slept through it because it happened.
by livesoft
Thu Apr 15, 2021 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do tax preparer add value for 7 figure W2 income
Replies: 32
Views: 1905

Re: Do tax preparer add value for 7 figure W2 income

Thanks. Would you have any more information on this ? Both my and my husband's employers are megacorps who dole out standard payslips and W2s. They won't make an exception for us in terms of deferring income or anything like that. Wondering whether "restructuring income" is something I ca...
by livesoft
Thu Apr 15, 2021 11:38 am
Forum: Investing - Theory, News & General
Topic: Solving a personal paradox with stocks
Replies: 23
Views: 1597

Re: Solving a personal paradox with stocks

What dilemma? Many investors do not have a total market weighted portfolio. For myself, I strive to have a portfolio with no more than 50% in the large-cap row of the M* 9-box style grid. At the moment, my portfolio has 47% in that row. If you want to have some fun, then just work with the ETFs MTUM...
by livesoft
Thu Apr 15, 2021 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Do tax preparer add value for 7 figure W2 income
Replies: 32
Views: 1905

Re: Do tax preparer add value for 7 figure W2 income

One can always try a year with paying for tax prep.

I think the tax prep is not the issue. It is doing things with compensation and investments BEFORE even getting to the tax prep part.
by livesoft
Thu Apr 15, 2021 10:51 am
Forum: Investing - Theory, News & General
Topic: Rebalance time for retiree- If I buy VBTLX now what do I get?
Replies: 23
Views: 2474

Re: Rebalance time for retiree- If I buy VBTLX now what do I get?

I see that VBTLX has a one-month return of 0.67%, so if one had bought it a month ago when the YTD return was about -3.6% and a few folks were talking about buying opportunity, then one would have made more in one month than they would have made in an entire year in a money market fund or in cash. ...
by livesoft
Thu Apr 15, 2021 8:26 am
Forum: Personal Investments
Topic: 529 plan allocation for a 2022 graduate
Replies: 3
Views: 302

Re: 529 plan allocation for a 2022 graduate

Your current allocation is fine. It seems that at $10K per year going to college, you will be paying some from your checking account anyways and can make up any shortfall if the 529 plan does not go up in value. Or shoot for the moon and put it 100% in equities! In other words, I don't think anyone ...
by livesoft
Thu Apr 15, 2021 8:19 am
Forum: Personal Finance (Not Investing)
Topic: What is the right way to use the FIRE Calc website (taxes and spending)?
Replies: 9
Views: 1090

Re: What is the right way to use the FIRE Calc website (taxes and spending)?

As an aside FireCalc also does not take into account investing costs such as expense ratios, loads, or any other costs. One can enter into the FireCalc interface their portfolio's expense ratio and other fees. It is the entry field at the top of the page displayed by clicking on the Portfolio tab. ...
by livesoft
Thu Apr 15, 2021 8:07 am
Forum: Personal Investments
Topic: Adding a bond index fund to taxable to replace HYS, and the rebalancing after
Replies: 10
Views: 930

Re: Adding a bond index fund to taxable to replace HYS, and the rebalancing after

Consider the taxable account as an extension of the rest of your accounts. Generally people put any bonds desired in the 401k/TSP/IRA accounts and then fill any remaining space and the taxable with stocks. This is because stocks are generally taxed favorably compared to bonds. Keep the whole portfo...
by livesoft
Thu Apr 15, 2021 7:46 am
Forum: Investing - Theory, News & General
Topic: Why Does Anyone Listen To Paul Merriman?
Replies: 89
Views: 8679

Re: Why Does Anyone Listen To Paul Merriman?

Small-cap value is a top performing asset class for 2021 so far. SCV funds have been up more the 30% in the first 3 months of 2021.

Perhaps it is time to rebalance OUT of SCV? :twisted:
by livesoft
Thu Apr 15, 2021 7:41 am
Forum: Investing - Theory, News & General
Topic: Market shift since december
Replies: 21
Views: 2075

Re: Market shift since december

.... For example, in this chart, the red line represents cumulative growth of the stock market, while the green line represents the results that would have been obtained by an investor who invested in the market at the start of every year when the market made a profit, but went to cash at the start...
by livesoft
Thu Apr 15, 2021 6:59 am
Forum: Personal Investments
Topic: sell all rental homes in one year or stager them yearly
Replies: 21
Views: 1657

Re: sell all rental homes in one year or stager them yearly

Sell one and see how it goes. At that point you can do the math on your future tax return and also decide whether to sell another one in the same year or not. Rinse and repeat. Do the tax math.
by livesoft
Thu Apr 15, 2021 6:16 am
Forum: Investing - Theory, News & General
Topic: Market shift since december
Replies: 21
Views: 2075

Re: Market shift since december

Small-cap value was up at least 32% in 2021 at mid-March, but lost 10% in less than 2 weeks after its peak. It has recovered a little bit since its dip. RBDs have paid off well so far in 2021, but maybe that's because the general trend is up for everything except bond funds. I have rebalanced out of...
by livesoft
Wed Apr 14, 2021 8:30 pm
Forum: Personal Consumer Issues
Topic: Lawn care question
Replies: 38
Views: 2691

Re: Lawn care question

This year, on the recommendation of a close friend and lawn care nut I'm trying the herbicide Tenacity along with a surfactant as both a preemergent crabgrass and existing weed killer. I hate having to worry about weeds but if you let them get to bad the amount of work to get your lawn back to good...
by livesoft
Wed Apr 14, 2021 8:10 pm
Forum: Personal Investments
Topic: Wash sale question
Replies: 6
Views: 308

Re: Wash sale question

No I haven’t sold the stock yet. I used some cash to buy more at a lower price... but I’d like to sell some previously purchased shares when it gets closer to the higher price that I paid. It sounds like I’d just have to wait at least 30 days from today before selling any shares of that stock? You ...
by livesoft
Wed Apr 14, 2021 8:08 pm
Forum: Personal Consumer Issues
Topic: Lawn care question
Replies: 38
Views: 2691

Re: Lawn care question

I've used Crossbow with great success. Works much, much better than your typical weed killer that you find in stores, ... Crossbow is the typical weed killer that you find in stores. I read the active ingredients on the jug shown in the link. It is mostly 2,4-D and some triclopyr. There is nothing ...
by livesoft
Wed Apr 14, 2021 6:57 pm
Forum: Personal Consumer Issues
Topic: Food label question
Replies: 5
Views: 456

Re: Food label question

Does anyone know how this is handled? The food labels that I read show "Serving Size", so what does it say on your olives and pickles? Unless the oil and brine are included in the serving size, then they are not in the nutrition label. Nuts are probably listed by weight with an additional...
by livesoft
Wed Apr 14, 2021 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: desperately seeking help understanding Form 8606 on 2020 tax filing (Roth recharacterization/conversion issues)
Replies: 80
Views: 2857

Re: Moron of the year award goes to me: need help with rechar/pro rata Roth stuff

Do not fear the pro rata thing. Did you read the Instructions for Form 8606 and also the Form 8606 itself and try to fill it out "by hand"?
by livesoft
Wed Apr 14, 2021 5:53 pm
Forum: Forum Issues and Administration
Topic: Why PM messages are stuck in outbox ?
Replies: 7
Views: 465

Re: Why PM messages are stuck in outbox ?

Eagle33 wrote: Wed Apr 14, 2021 5:51 pm By "read" did you mean reed or red? :twisted:
Maybe they meant "unread."
by livesoft
Wed Apr 14, 2021 5:49 pm
Forum: Personal Consumer Issues
Topic: DIY Pest Control
Replies: 22
Views: 1523

Re: DIY Pest Control

I do my own pest control. Here in SE Texas it is very easy. When I see ants inside, I put out some liquid Terro which is pretty benign stuff for non-ants. I replace some roach baits about every 6 months. The roach stuff comes in little plastic thingies and I put them inside the pantry, under the fri...
by livesoft
Wed Apr 14, 2021 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: HSA catch up contribution
Replies: 5
Views: 474

Re: HSA catch up contribution

IRS Publication 969 has all the details. Yes, if you open your own HSA you can contribute $1,000 for 2020. Your spouse can have their own $1,000 catch-up, too. The family plan 2020 limit it $7100 without catch-up, so he should probably only contribute $999.98 as his catch-up. This assumes both of yo...
by livesoft
Wed Apr 14, 2021 4:05 pm
Forum: Investing - Theory, News & General
Topic: Index fund ETFs
Replies: 13
Views: 1024

Re: Index fund ETFs

Many places are calculating the NAV (or net asset value) of an ETF share in real time as the company shares in the index (and thus in ETF) are traded in real time. No one is going to sell you a share of an ETF that is below its perceived value and you are not going to be able to sell a share above i...