Personal Investments • Re: Wash Sale Between Taxable and Pre-Tax 401K
I don't consider it a wash sale. If it was a wash sale then it should wash sale if you do the reverse transaction; sell at a "loss" in a 401k then buy the same at a brokerage. Obviously this does not...
View ArticlePersonal Investments • Re: Cashing out of I Bonds
I think IBonds are a good investment. I did not mind the process with TD or with paper bonds from tax refunds. However, I did redeem all our IBonds because I did not want my spouse to have to deal...
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Personal Investments • Re: Does anyone else own Gold? Michael Burry just...
I've been copy trading Michael Burry's portfolio for the past couple months and it's been interesting to say the least. But I’m up roughly $13k (32% YTD) . Because of him, I'm now got over $3k...
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Personal Investments • Re: How do bond ETFs exactly work?
hey folks - thank you everyone for all the amazing and detail responses! Already feel welcomed here.: cheersStatistics: Posted by v13i — Mon May 20, 2024 1:08 am
View ArticlePersonal Investments • Re: Where to park $1.8mil?
Get a revocable living trust. In it, include multiple beneficiaries. Your FDIC insurance increases substantially - $250k per beneficiary per account owner if I remember correctly. So it you have 4...
View ArticlePersonal Investments • Re: Why I prefer multiple asset classes to the BH 3...
If there is no consistent pattern than what exactly are the objective rules doing for you... if the relative performance itself is arbitrary than arbitrary dates or not shouldn't matter...The...
View ArticlePersonal Investments • Re: Mega Backdoor Roth Steps
Was this something actually in the summary plan description or did you hear it from a rep because those people often get it wrong.Statistics: Posted by placeholder — Tue May 21, 2024 12:30 am
View ArticlePersonal Investments • Re: Trade 80 ounces of silver for an ounce of gold?
Depends on the type of silver. I just sold some, and it was all Silver Eagles as they went for about $2 over spot. If I sold10oz bars, they were only offering about $2 under spot. That's a bad loss...
View ArticlePersonal Investments • Re: I made a huge blunder - Roth IRA - I want to avoid...
Mystery resolved - Called Fidelity - $586.96 was in settlement SPAXX meaning it adds up to exactly $7k in my Roth IRA. I just had forgot to buy FZROX. I did that tonight. Looks like I am done for the...
View ArticlePersonal Investments • Re: I thought I had made a mistake - Roth IRA - I want...
great! see you again in 3 years?To get peace of mind. I called Fidelity and indeed that $500 in SPAXX counts as a contribution towards the $6000 allowed. EJ Roth IRA = $1,250.Fidelity Roth IRA =...
View ArticlePersonal Investments • Re: Bonds in taxable or tax advantaged?
There are conflicting factors at play, so "it depends".It depends on the bonds yield and on the stocks appreciation.For instance: high-yield bonds vs. stocks with modest appreciation potential (e.g....
View ArticlePersonal Investments • Re: Why not just put all non-retiremn $$ in a...
Currently, I have about 10 Vanguard funds in my non-retirement investment account. Fortunately, they are all doing well. Of the ten, one of them is Vanguard LifeStrategy Growth Fund (VASGX). I'm...
View ArticlePersonal Investments • Re: Help me invest $10m ...
Grabiner often recommends the following for high-bracket CA investors:"- My normal recommendation for CA investors who hold bonds in a taxable account is half in Limited-Term Tax-Exempt, and half in...
View ArticlePersonal Investments • Re: Withdrawing Some of Rollover IRA To Purchase Home...
Is it your preference or the seller's preference that you do not take a loan? Assuming it's none of their business, I'd take a loan before I would give up tax deferred growth, paying taxes and a...
View ArticlePersonal Investments • Re: IRA advice needed
OMG!I thought this so much simpler: traditional ira means we pay regular income tax on any withdrawals or conversions; Roth means there is no tax due on withdrawals (because it was funded with...
View ArticlePersonal Investments • Re: Investing after divorce settlement
Thank you for explaining about transferring from TSP - that is a huge relief and gives me time to read, research and figure things out. I’m looking at using Vanguard simply because several friends...
View ArticlePersonal Investments • Re: Merrill Edge Cash Management
For those who use Merrill Edge money market accounts it looks like the only option is to automatically reinvest the interest every month.If you enroll in Funds Transfer Service, will the interest...
View ArticlePersonal Investments • Pay Student Loans Aggressively or Buy a Jet
No, this is not really the scenario but I’m glad it interested you enough to open it. I’m new to the forum and wanted to kindly get some additional perspectives on how I should strategize these next...
View ArticlePersonal Investments • Educating myself, want to catch up. Help appreciated.
I am behind on saving but here I am, educating myself and prepared to do my best NOW. I’ve read The Simple Path to Wealth (Collins) and The Little Book of Common Sense Investing (Bogle). I've read...
View ArticlePersonal Investments • Re: Educating myself, want to catch up. Help appreciated.
GardenGal, welcome to the forum.What do you think about following the suggestions in Prioritizing investments?Have you looked into a Solo 401(k) plan?Statistics: Posted by FiveK — Thu May 23, 2024...
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