Personal Investments • New car loan vs savings? Please check the math.
OP,Don't take the car loan unless the dealer pays you.You can take a minimal 10K loan. And, you can pay it off at the first payment.This gives you the maximum return.KlangFoolThis is easily the...
View ArticlePersonal Investments • Selling index fund shares in taxable account. doesn’t...
If your stock fund distributed dividends and/or capital gains, you owe taxes on those. At the same time, the price of the stock mutual fund dropped in value, such that you have the same amount of...
View ArticlePersonal Finance (Not Investing) • Question about being laid off as a Nanny
I am guessing not as her work is considered seasonal. Again, just guessing.Statistics: Posted by CoAndy — Mon May 06, 2024 8:25 am — Replies 2 — Views 229
View ArticlePersonal Finance (Not Investing) • Advice on $2 million umbrella policy for...
Yes, anyone with such assets should have an umbrella policy and $2M here is good.One reason why is that the insurance company is going to pull out some real good lawyers with that kind of money...
View ArticlePersonal Investments • Feedback After Some Portfolio Clean-Up?
401K (~$210K):- 70% VOO Total Stock Market- 30% VXUS Total International Stock MarketRoth IRA ($322K):- 60% VOO Total Stock Market- 30% VXUS Total International Stock Market- 10% VNQ Total Real Estate...
View ArticlePersonal Investments • Trying to consolidate many accts with FIRE plan and...
P.s. the inherited IRA needs to be totally wothdrawn by the 10th anniversary of the death of the owner. This will incur a large tax bill start foguring out when you will take it.Will you take income...
View ArticlePersonal Consumer Issues • What did you learn in your 40s and older that you...
One more, I learned I had more quality time in my 30s with young kids, than teenagers. I highly recommend prioritizing time and trips with young kids in your 30s.yes and no. clearly teenagers desire...
View ArticleInvesting - Theory, News & General • Is there an index fund tracking Dow...
There are few funds tracking this “index” because it’s a pretty terrible index.The theoreticians might think so but in practice, the DOW and the S&P 500 are almost identical in performance.Albert...
View ArticlePersonal Consumer Issues • Airline & Hotel Status: is it worth it anymore?
Airport lounges have become a joke. They are now packed since "everyone" has access. Kids running around, people under-dressed, day-drinking. The staff always seems to have a hard time keeping up and...
View ArticlePersonal Investments • Roth conversion asset allocation
Using TurboTax desktop I found that converting $48k to Roth would take us to just under the top of the 12% bracket, resulting in tax due of $8,708 and taxable income of $93,003Since the conversion...
View ArticlePersonal Finance (Not Investing) • Helping out parents
My wife's parents are getting older and have not saved much for retirement. Both still work and both > 65 and it is out of necessity not because they love their jobs. My question is - what would be...
View ArticlePersonal Investments • New Job Few Choices in 401K
You should look at this a little further, what is the net annual return on it? Stable value funds have almost disappeared in most 401K plans but if your plan has one they can sometimes be suitable for...
View ArticlePersonal Investments • Bond Funds in IRA account
If I am not going to spend the money for 10 to 20 years, I will invest it in stock funds. Not a penny more into bond funds.Statistics: Posted by lakpr — Mon May 06, 2024 8:35 am — Replies 21 — Views 843
View ArticlePersonal Finance (Not Investing) • H&R block tax fail.
understood. I went to plan B and mailed it instead on time via certified mail. No excuse for H&R block to fail at that time but yes stuff happens. Aside from that should I issue a stop...
View ArticlePersonal Investments • Pralana Gold
To eor and beernutz, since you've been using it...Have you used the Roth conversion function and how do you feel it handles that part of it?The Roth Conversion what if allows you to test various...
View ArticlePersonal Consumer Issues • [What TV Show Have You Recently Watched?]
For All Mankind on AppleTV. This is an alternative timeline sci-fi drama. What might happen if the US was not the first country to land on the moon. Interesting, as they mix in accurate historical...
View ArticleInvesting - Theory, News & General • Total Portfolio Allocation and...
We’ve read a lot about VPW strategy and we thought it would be right withdrawal method for us. We’re about to FIRE and we’re 40 years old. We’re concerned about VPW’s pretty high withdrawal rate and...
View ArticlePersonal Investments • Near the Roth IRA income limit
Any earner can do a Backdoor Roth IRA, but not everyone can contribute directly. If in doubt, go backdoor. I've done it at least once when I didn't have to. If there's an account causing a pro-rata...
View ArticleInvesting - Theory, News & General • need a citation that this is NOT a...
^It doesn't matter what XYZ actually is. Many people have the incorrect notion that selling shares at a loss within 30 days of buying is always a wash sale. That is false.Brokerages generally flag...
View ArticlePersonal Investments • Emergency Fund Account
If you are bored, you could grab a little more yield beyond SPAXX with a very short-term treasury ladder. As of 5/7/24 7am PST . . .SPAXX 7-day: 4.95%3 Month Tbill: 5.38%6 Month Tbill: 5.37%9 Month...
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