Personal Investments • Tax Question regarding taxable accounts
How does one calculate the cost basis of various mutual fund shares in taxable accounts when you liquidate them during retirement?We have been doing weekly investments into various mutual funds for...
View ArticlePersonal Investments • Re: Tax Question regarding taxable accounts
Your brokerage should display the cost basis on its website. Have you looked there?Statistics: Posted by UpperNwGuy — Thu Jun 06, 2024 4:00 am
View ArticlePersonal Investments • Re: Is it possible to have a MMF sweep account at...
I don't see the attraction of a Schwab brokerage account.In cash accounts, which all of ours are, Schwab give me more trading flexibility than Fidelity (not sure about Vanguard in this regard). Schwab...
View ArticlePersonal Investments • Re: AA (and other) help needed
I am in the process of cleaning up a messy portfolio and here is where I stand:...josehpny, You keep starting new threads, without updating any of the old threads... I find this confusing. I suspect...
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Personal Investments • Re: Most recent call from "Fidelity Private...
I guess my bigger concern is, if I happen to pass away before my spouse (who is not as experienced with managing investments), then my spouse could be taken advantage of Yes that is their business...
View ArticlePersonal Investments • Re: Portfolio contents
UPDATE as of early June, 2024:I am in the process of simplifying the portfolio and have sold a great many positions.This is the current allocation of investments (except for a small handful of...
View ArticlePersonal Investments • Re: Specific private equity/private credit question
I have seen a couple of threads on private markets but they have focused on different things.My brother has an AUM financial advisor. That is not going to change, I have already made the case that he...
View ArticlePersonal Investments • Re: IRA-poor?
Diligent savers can often accumulate higher after-tax level of assets by avoiding tax favored accounts (except for Roth). Tax deferred accounts rob you of the capital gains tax treatment of stock...
View ArticlePersonal Investments • How to find when a bond became worthless?
I received a letter from my broker stating that they are removing the bond from Alpha Natural Resources [cusip 020ESC190] from my account. There is no Transfer Agent for this securities; so the letter...
View ArticlePersonal Investments • Re: Vanguard statement problem, CSR can't recognize...
Payable date and reinvest date are different. It’s not just the statements.See https://personal1.vanguard.com/pdf/PIDIVDAT_2024.pdfVanguard is not going to change their whole dividend schedule, so no...
View ArticlePersonal Investments • Re: Large taxable portfolio review
New annual Contributions Relatively small potatoes but you no longer contribute to your HSA?1. I based the glide to 60/40 stock/bond split on Vanguard target date fund splits close to retirement. But...
View ArticlePersonal Investments • Re: Why not just live off 5% interest from $2.5MM?
Thinking of the efficient frontier, you probably would be better off (have lower risk, lower volatility, and likely better returns) to have 25% or 30% in diversified stock funds.Statistics: Posted by...
View ArticlePersonal Investments • Re: Pre-tax vs Roth for HNW
At what net worth would you consider making ROTH 401k contributions during your working years EVEN in the highest federal tax bracket (37%)? No state tax.Typically it is advisable to make pre-tax...
View ArticlePersonal Investments • Re: Portfolio or IRA for Funeral Expenses
My kids are in their 20's and haven't started investing.I was thinking getting term life insurance policy for them in case something happened. Checked into a policy that advertised $20 month and they...
View ArticlePersonal Investments • Re: Thoughts on Gainbridge OneUp Annuity?
Three months into the contract.There are two notations on the website indicating gains made in the account. One reflects the credit attributable to the change in the index. This has been updating...
View ArticlePersonal Investments • Re: [Unwinding a complicated portfolio from our advisor]
Once you get your Fidelity account set up, transfers are made and you sell what you can, post back if you need feedback on what to buy.Accounts are set up and most of the assets have been sold. My...
View ArticlePersonal Investments • Re: Best way to liquidate large inherited IRA ($4.1...
There may be other solutions involving trusts or charitable contributions, but that may require more professional help.While that's all true, it's important to keep in mind, that absent some edge...
View ArticlePersonal Investments • Re: IRA-poor?
bsteiner - totally get your point. I guess we always just assumed our tax bracket would be so much lower in retirement. But it looks unlikely to be so, especially once RMDs kick in. Sort of a big fail...
View ArticlePersonal Investments • Re: Maxing out 401k is not always the best way,...
I think I'd be tossing the author's book in the trash.SameStatistics: Posted by em4772193 — Sun Jun 09, 2024 3:59 am
View ArticlePersonal Investments • Re: Using up large accumulated capital loss with...
Any concern that the same arguments made against BOXX in that article you posted, could end up being applied against this strategy?I'm not a tax lawyer, but I think the answer is clearly no. For one,...
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