Search found 76478 matches

by livesoft
Mon Aug 02, 2021 7:52 am
Forum: Personal Consumer Issues
Topic: Grand Canyon
Replies: 15
Views: 1004

Re: Grand Canyon

Any of the lodges in the park at the South Rim will be fine. They are all pretty much the same. That is, if you can book a room. But you already noted that you are staying at Yavapai, so why the question
by livesoft
Mon Aug 02, 2021 7:40 am
Forum: Personal Consumer Issues
Topic: Grand Canyon
Replies: 15
Views: 1004

Re: Grand Canyon

I've seen lots of people riding mules down or hiking down to spend the night at Phantom Ranch, then riding mules back up the next morning. So far, from the South Rim I have only walked down to the river and up to the North Rim and back which is over 42 miles round trip or about 50 miles if you add i...
by livesoft
Sun Aug 01, 2021 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Share net worth details with kids when filing FAFSA or CSS?
Replies: 8
Views: 899

Re: Share net worth details with kids when filing FAFSA or CSS?

Yes. There was nothing on the FAFSA that my children could not figure out by seeing where and how we lived. Perhaps it helped that all their friends appeared to be wealthier, but I don't know. And as far as their friends and our family go, they can all figure out a range of our net worth pretty easi...
by livesoft
Sun Aug 01, 2021 6:48 pm
Forum: Investing - Theory, News & General
Topic: How to invest only in a taxable account?
Replies: 42
Views: 2563

Re: How to invest only in a taxable account?

We haven't had any net realized capital gains in our taxable accounts in quite a while, say 10 years or more. That sounds like it requires some careful planning. Does it involve intentional losses somehow? I'm having a hard time seeing how to do it with a simple total stock + total bond. It require...
by livesoft
Sun Aug 01, 2021 6:32 pm
Forum: Investing - Theory, News & General
Topic: Social security estimation accuracy
Replies: 15
Views: 1158

Re: Social security estimation accuracy

Frankly, I haven't worried about it because I doubt the numbers will be off by more than a few restaurant lunches per month.

What kind of differences are you seeing? Thousands of dollars a month? Hundreds? Less than a hundred? Less than $50?
by livesoft
Sun Aug 01, 2021 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Sell the model 3?
Replies: 9
Views: 1248

Re: Sell the model 3?

If you have a low-interest rate mortgage, then paying it off now loses the future optionality later when CD interest rates and/or bond yields might be 5%.
by livesoft
Sun Aug 01, 2021 6:07 pm
Forum: Investing - Theory, News & General
Topic: How to invest only in a taxable account?
Replies: 42
Views: 2563

Re: How to invest only in a taxable account?

Tax-loss harvesting helps to offset realized capital gains, but in the meantime, unrealized capital gains are not taxed. https://www.bogleheads.org/wiki/Tax_loss_harvesting We haven't had any net realized capital gains in our taxable accounts in quite a while, say 10 years or more. And bond yields a...
by livesoft
Sun Aug 01, 2021 5:09 pm
Forum: Personal Investments
Topic: Partial back door Roth
Replies: 4
Views: 409

Re: Partial back door Roth

Do you have any Traditional IRA or SEP IRA or SIMPLE IRA or Rollover IRA at any custodian anywhere? If you do, you would be subject to pro rata rule. I laughed when I read that because one is subject to the pro rata rule whether one has "any Traditional IRA or SEP IRA or SIMPLE IRA or Rollover...
by livesoft
Sun Aug 01, 2021 2:13 pm
Forum: Personal Consumer Issues
Topic: Home Depot appliance installation
Replies: 23
Views: 1350

Re: Home Depot appliance installation

Ancient microwaves that bit the dust rarely (as in never) are the same size (width, height, depth) as new ones. While I was away my family's microwave died and they just bought a countertop one that in no way resembled the size of the built-in one. When I looked, there is no microwave made anymore t...
by livesoft
Sun Aug 01, 2021 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best on-line tax software?
Replies: 14
Views: 986

Re: What is the best on-line tax software?

What words would you use when; 1 dollar of earned income from a part time job also makes 85 cents of your Social Security taxable income; then you pay 12% Federal Tax on the $1.85, 22.2 cents; which also converts $1.85 of your tax free LTCGs in taxable LTCGs at a 15% tax rate, 27.75 cents; the tota...
by livesoft
Sun Aug 01, 2021 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Calling all doctors, kid wants to be a doctor!?
Replies: 41
Views: 4167

Re: Calling all doctors, kid wants to be a doctor!?

The two physicians in my family earned undergraduate degrees from UVA. That's an anecdote.

I'd leave it up to your child to find out all the answers to your questions and just wouldn't worry about it at all myself.
by livesoft
Sun Aug 01, 2021 12:02 pm
Forum: Personal Investments
Topic: Why are these two index funds rated differently
Replies: 12
Views: 1173

Re: Why are these two index funds rated differently

.... Over the past 10 year period, $10,000 growth S&P 500 Index Total Return: $41,688.89 VIIIX : $41,665.77 , a -0.01% difference from the index return , which is less than the current ER would imply SWPPX : $41,427.53 , a -0.06% difference from the index return , which is more than the current...
by livesoft
Sun Aug 01, 2021 10:15 am
Forum: Investing - Theory, News & General
Topic: Fidelity Total Market in taxable - FZROX (ZERO) vs. FSKAX (Total Market) SmackDown
Replies: 54
Views: 3344

Re: Fidelity Total Market in taxable - FZROX (ZERO) vs. FSKAX (Total Market) SmackDown

I thought the conclusion would be that you would invest the same amount in each of FZROX, FSKAX, and a 3rd fund such as VTI. You would just spend any leftover dollar or penny. Also you would withdraw the money for taxes from each of the funds, for a true after-tax result. Then you would keep track i...
by livesoft
Sun Aug 01, 2021 9:55 am
Forum: Personal Finance (Not Investing)
Topic: What is the best on-line tax software?
Replies: 14
Views: 986

Re: What is the best on-line tax software?

Interesting choice of words. My income is not double-taxed nor triple-taxed nor quadruple-taxed. I usually get the desktop version of HRBlock Tax Prep software when it goes on sale around Thanksgiving and use that to estimate income taxes. Its about $20. Before that date, I use the previous version ...
by livesoft
Sun Aug 01, 2021 8:22 am
Forum: Personal Investments
Topic: Hold Cash or Convert to Bonds in Taxable
Replies: 7
Views: 751

Re: Hold Cash or Convert to Bonds in Taxable

Option 3 is my recommendation and what we actually do. Never had a problem doing this:
https://www.bogleheads.org/wiki/Placing ... ed_account
by livesoft
Sun Aug 01, 2021 7:29 am
Forum: Personal Investments
Topic: Set up ROTH's for adult kids without them knowing
Replies: 45
Views: 3087

Re: Set up ROTH's for adult kids without them knowing

Maybe the adult children already have their own Roth IRAs but didn't tell their dad about them? But the OP can do anything they want to with their own Roth IRA including dividing it into 3 separate Roth IRAs with 3 separate beneficiaries. I think it would just be better to have one Roth IRA and put ...
by livesoft
Sun Aug 01, 2021 7:27 am
Forum: Personal Investments
Topic: Do I understand backdoor Roth?
Replies: 10
Views: 792

Re: Do I understand backdoor Roth?

You can always convert some of your traditional IRAs to a Roth IRA and pay the income taxes. The IRS considers that you have one single tradtional IRA. That is, your so-called rollover IRA and what you are calling your traditional IRA are really ONE.SINGLE.TRADITIONAL IRA as far as the IRS and your ...
by livesoft
Sun Aug 01, 2021 6:36 am
Forum: Investing - Theory, News & General
Topic: what is the purpose of bonds as investment? They suck, no?
Replies: 55
Views: 4615

Re: what is the purpose of bonds as investment? They suck, no?

Bonds help one from losing a million dollars in stocks -- at least until one can afford to lose a million dollars in stocks.
by livesoft
Sun Aug 01, 2021 5:29 am
Forum: Personal Investments
Topic: I would appreciate any comments on my asset allocation and fund selection
Replies: 7
Views: 841

Re: I would appreciate any comments on my asset allocation and fund selection

Your listed portfolio is well within the typical set of portfolios presented on the forum and not dissimilar to my own portfolio There is nothing special about it and will be fine. However, since your mention books: It seems you have read some older books where Ferri, Bernstein, et al. recommended s...
by livesoft
Sat Jul 31, 2021 5:35 pm
Forum: Personal Investments
Topic: Nearly all fixed income in cash: Wrong decision?
Replies: 57
Views: 4900

Re: Nearly all fixed income in cash: Wrong decision?

Vanguard Total US Bond Market Index fund VBTLX is actually UP UP UP +3.2% since March 18, 2021. I think one can time the bond market somewhat in that when a bond fund like VBTLX drops around 4%, one should rebalance into it. There are of course no guarantees, but I think all fixed income in cash is ...
by livesoft
Sat Jul 31, 2021 2:47 pm
Forum: Personal Investments
Topic: Moving accounts with VSMGX to Fidelity/Schwab
Replies: 10
Views: 515

Re: Moving accounts with VSMGX to Fidelity/Schwab

I haven't seen anywhere that reinvestment of mutual fund distributions creates an extra fee or commission. Why not check that out for yourself?
by livesoft
Sat Jul 31, 2021 1:54 pm
Forum: Personal Investments
Topic: Newbie wants to cut ties from Advisors????
Replies: 11
Views: 1508

Re: Newbie wants to cut ties from Advisors????

I see really no point in transferring from a Fidelity tax-managed account to a Wealthfront tax-managed account. I would imagine the tax costs to do so would overwhelm any possible (unlikely) advantage to do that and would switch ties to another advisor and not cut ties. May I ask about the Fidelity ...
by livesoft
Sat Jul 31, 2021 11:43 am
Forum: Personal Investments
Topic: Transfer TD Ameritrade taxable account to Schwab?
Replies: 7
Views: 487

Re: Transfer TD Ameritrade taxable account to Schwab?

I use the portfolio x ray at TD to determine my asset allocation as I can manually enter positions in all accounts. I haven't seen a similar option to put external positions in at either Schwab or Fido to get my overall allocation. Fido most certainly allows one to manually enter external positions...
by livesoft
Sat Jul 31, 2021 11:40 am
Forum: Forum Issues and Administration
Topic: Forum etiquette: Letting users know what you decide and/or how things went
Replies: 20
Views: 2559

Re: Forum etiquette: Letting users know what you decide and/or how things went

Not every request for advice or problem solving is actually solved. I suspect that just like in Real Life, many people just go, "Ugh! That's not what I wanted to get told or advised to do!" and carry on as before. In any event, some folks do send PMs now and then after the fact which is ni...
by livesoft
Sat Jul 31, 2021 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Your Total Income Tax Deductions When Retired and Playing the 12% Tax Rate Game!
Replies: 35
Views: 2744

Re: Your Total Income Tax Deductions When Retired and Playing the 12% Tax Rate Game!

We do the bunching deductions thing into every-other year: Standard deduction one year, itemized the next. We get the $10K SALT and then charitable deductions. No mortgage interest.
by livesoft
Sat Jul 31, 2021 10:26 am
Forum: Personal Consumer Issues
Topic: Good mask for exercising
Replies: 26
Views: 1718

Re: Good mask for exercising

If you can find the "KN95" masks that look like below, .... I've found them pretty comfortable to breathe through (although I don't like the ear-strap chafing around my ear.) You can literally see through the little dashed/dots that run across from the front, which I suspect makes air flo...
by livesoft
Sat Jul 31, 2021 9:50 am
Forum: Personal Investments
Topic: 3-fund portfolio rebalancing
Replies: 17
Views: 1320

Re: 3-fund portfolio rebalancing

Of course I care about taxes. I'll be buying and holding these investments, so I expect the tax implications to be minimal until I withdraw, these being Vanguard funds. No idea at the moment where my tax bracket will be when I withdraw. How does tax depend on rebalancing? Dividends are income that ...
by livesoft
Sat Jul 31, 2021 9:26 am
Forum: Personal Investments
Topic: 3-fund portfolio rebalancing
Replies: 17
Views: 1320

Re: 3-fund portfolio rebalancing

Do you care about paying income taxes on your taxable investments? I think one should care about that and invest in a way that does not add too much to one's income taxes. What is your marginal income tax bracket for both federal and state income taxes? The risk of a 3-fund portfolio is not low. Whe...
by livesoft
Sat Jul 31, 2021 8:27 am
Forum: Personal Consumer Issues
Topic: Good mask for exercising
Replies: 26
Views: 1718

Re: Good mask for exercising

I use an N95 mask with an exhalation valve when backpacking in smoky areas. I purchased a set of these masks from HomeDepot in 2018 or 2019. They are comfortable enough to sleep wearing them. They are made by 3M.
by livesoft
Sat Jul 31, 2021 8:14 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3647
Views: 611372

Re: What are you up YTD? [Year To Date]

YTD (31 July 2021) returns of a few 60/40 funds for your viewing pleasure: +7.80% VSMGX Vanguard LifeStrategy Moderate Growth fund, has US + International +9.91% VBIAX Vanguard Balanced Index fund, has US only and no international +10.36% DGSIX, DFA Global Allocation 60/40 I fund, a small-cap and va...
by livesoft
Sat Jul 31, 2021 7:59 am
Forum: Personal Consumer Issues
Topic: Seaside, Fl where to stay?
Replies: 1
Views: 450

Re: Seaside, Fl where to stay?

We have stayed in Seaside in a multi-bedroom house with a pool on the beach. Look at VRBO and/or AirBNB or similar for such accommodations.
by livesoft
Sat Jul 31, 2021 5:51 am
Forum: Personal Investments
Topic: Taxable Account Dividends, Interest, etc.
Replies: 4
Views: 610

Re: Taxable Account Dividends, Interest, etc.

Fudgie wrote: Sat Jul 31, 2021 5:48 amIf you plan on tax loss harvesting, just remember to disable dividend reinvestment a month or two in advance.
That is unnecessary I think because one can sell the shares purchased by dividend reinvestment and avoid or undo any so-called [partial] wash sale that might have occurred.
by livesoft
Fri Jul 30, 2021 7:17 pm
Forum: Personal Consumer Issues
Topic: EV charging solutions in dense urban environs
Replies: 67
Views: 3394

Re: EV charging solutions in dense urban environs

The folks I know with EV pretty much only charge at work or restaurants that provide stations.
by livesoft
Fri Jul 30, 2021 5:57 pm
Forum: Investing - Theory, News & General
Topic: Mobile Investment Apps
Replies: 8
Views: 688

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: 18
Views: 1719

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: 7
Views: 490

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: 16
Views: 1395

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: 1624

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: 14
Views: 1629

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: 1624

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: 13
Views: 1449

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: 58
Views: 3466

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: 177
Views: 13575

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: 177
Views: 13575

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: 177
Views: 13575

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: 177
Views: 13575

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: 329

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: 329

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: 22
Views: 2896

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?