Recent content by NewToEverything

Do you mind sharing what stocks/funds you own in the taxable to generate such high amount of dividends ?

Thanks OldShooter and RB about the calculations and the Dinkytown calculators. Now I understand how to get an idea about the impact of the ER in the next few years as we save more to invest. OK grasshopper thanks for the confirmation - sounds like ETF is just like what the article says that...

Thank you everyone. For some of us who are financially-illiterate due to family time constraints, do u guys mind summarizing in even more layman's term about the following ? When I read the below two articles you guys posted more of my white hair started to grow out... just don't really...

Do you buy VG MF or ETF ? Other than the obvious differences (such as lower ER and no minimium for ETF) what else do you look at when deciding between the two ?

hi what do you mean change to more tax efficient and why ? Is it because of the CG pushing AGI over $78750 (married) therefore triggering more taxes ? Also if one is retired and has no income does it mean they are in 12% bracket therefore all CG/dividend(Not bank account interest right ?) up to...

Thanks everyone for sharing. Sounds like a lot of you are living on taxable dividends, pensions plus other things. I think we have to find time to build up more on our taxable accounts. We're just late to the game and unlikely to achieve FIRE before SS age due to busy with young kids among other...

Do you mean traditional IRA ? I can start withdrawing traditional IRA penalty-free at 59.5 ? What about taxes - is this withdrawal taxed at ordinary rate ?

For those with no more jobs(Not while one spouse still has PT/FT jobs), is it through dividends/interest ? Rental income ? What else ? Trying to get some idea what successful FIRE people do to live before SS. What about health insurance(Again not if one spouse still has a job and covers...

Thank you everyone, especially the tip about using specific lot. I simulated a "sell" like Samclem described and I see the 3 basis options now. OK it's good to know it won't be complicated with different lots when/if we sell in the future. Here're the options in case someone needs it : 1. First...

do you guys mean after we acquire additional shares there will be more buttons available at selling time to choose a basis method ? So the basis selections will be "Specific shares/ID", "Average cost", and "FIFO" - What's average cost and FIFO ?

We previously bought VTSAX mutual funds in our taxable Vanguard account and still own it. Now we're thinking to invest one more time. Question is : Is it complicated to buy a new set of VTSAX mutual funds to add to our existing ones ? I mean what does one need to take into account when buying...

haven't had a chance to catch up lately due to busy baby and kids schedule. We haven't pulled the trigger yet. The money is still safely sitting at the Vanguard settlement fund because Total is priced at $71.88 which seems high to me. (We also have a taxable account with Vanguard and we...

I appreciate the advice, everyone. I think I'll just invest all in Total Market and forget about it.... I do wanna learn and read more about investing and finance but with work, family life, kids activities, managing their homework, I find myself with very little minutes to read investing and...

Thank you everyone for all the insightful ideas and advice. As you can tell I tried to read and understand finance and funds but I'm just not very good at it compared to you guys. So thankfully many of you pointed out other things to look at which I have no idea. e.g., the "Style" box and the...

Updated post with age. We are just going to leave it there and won't be needing it. I do trust Total Market VTSAX for long term but I was wondering if I should go with High Dividend because it pays so much more dividend(3.09% yield vs. 1.82%). And the Hypothetical growth of $10,000 return are...