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Personal Investments • Should We Realize Gains at Once or Slowly?
Serious answer: At your wealth and income levels I think you should have a Donor-Advised Fund as a conduit for your charitable giving which you surely must already do. Give shares held long-term that...
View ArticlePersonal Finance (Not Investing) • Distribution of living parent's estate:...
Hope this is the proper forum, apologies if not.Background: Dad died three years ago with Alzheimers. Mom survives, will be 92, in reasonably good health but some dementia. They had a very nice 2...
View ArticlePersonal Investments • VTI vs VUG/VGT
have a long history of beating VTII would have added recently with that informationStatistics: Posted by Johm221122 — Tue Feb 13, 2024 1:25 pm — Replies 6 — Views 288
View ArticlePersonal Finance (Not Investing) • H&R Block 2023 incorrectly reporting...
The current form 1040 has the taxable amount in line 4b, but doesn't have a distribution amount in line 4a.I was curious about this too, but I read somewhere that it's not really required in line 4a...
View ArticlePersonal Investments • Saving for Private School and College -...
We are planning on starting private school at 5th grade (elementary runs from K-4 in our school zone), if we do it at all. Private college is definitely out of the question without some kind of...
View ArticlePersonal Investments • Requesting Advice: 87 Year Old Parent Asset Allocation
I'm also in my eighties, and that's what I've done with my savings. This age is no time to mess around with the stock market, in my opinion.Thanks for sharing. That's my thinking as well. If you don't...
View ArticleInvesting - Theory, News & General • Understanding 4% rule
It's quite simple - you work today for $40k, that is your current income and your current spending is anchored to that, next year your employer decided to cut your salary by 10% and now you only have...
View ArticlePersonal Consumer Issues • Pay cleaning lady for snow day?
We paid ours in full throughout COVID, but paid her half her usual rate the last time there was a snow cancellation. The other approach would be to reschedule for another day the same week if the...
View ArticlePersonal Investments • Fidelity vs Vanguard for Taxable Accounts
The only reason why I am debating to switch to ETF is the fact he has $2900 in gains and I want to avoid paying capital gains on it. However, not sure if waiting for the "down" market and sell it then...
View ArticlePersonal Finance (Not Investing) • For 6.5K/mo and 35 yrs. how many M does it...
I would just use 4%, invested between 70/30 to 60/40. So, about $2M, plus whatever you calculate you need for taxes, depending on how you are holding the investments.Statistics: Posted by sailaway —...
View ArticleInvesting - Theory, News & General • Robinhood 3% IRA Match
Has anyone gotten a response to what happens if your balance falls below the initial deposit amount due to market fluctuation? It would stink if there was a significant market drop AND they clawed...
View ArticlePersonal Finance (Not Investing) • Practicalities of switching to married...
Thanks for posting this, Buffetologist. I had thought we'd be worse off, but you got me to reconsider filing separately. At our incomes, and w/ the tax brackets exactly 2x MFJ, we'll come out ahead....
View ArticlePersonal Finance (Not Investing) • RMD's - Calendar Year Sequencing
1 - What is the intent of such a rule? Why would the IRS care what the sequence of events is..?Naturally, the timely payment of taxes throughout the year (withholdings, estimates, etc.) must be...
View ArticlePersonal Investments • should i pay off a car at 1.9% or invest in a cd at 5.5%
I would pay it off because I simply do not like owing money. That ties you down.Understandable. Can't argue with emotions.I look at it this way: paying it off increases your cash flow. You can invest...
View ArticlePersonal Consumer Issues • Best dumb thermostat?
I just had a Honeywell installed in the upstairs zone, Honeywell Pro Series. It was inexpensive and it should be, it is not very good. The temperature reading skips numbers, and it makes a really loud...
View ArticlePersonal Consumer Issues • "known issue" with Amazon Prime Visa at...
To be clear - you got the Prime discount prices BUT it didn't show up on the receipt clearly?Yes, got the discount but was only lumped in "total savings" at btm.I mentioned in my OP "More of a PSA...
View ArticlePersonal Investments • Need help with Roth IRA
Just a terminology point, your core position at Fidelity is a cash position, usually a money market fund like SPAXX.For bonds, I've been using TIPS or TIPS funds. If you won't be spending this money...
View ArticlePersonal Investments • Thoughts post layoff on retirement + side business
For that 2.5 millions on those individual stocksA) If they drops by 80%, aka you lose 2 millions, what does that do to you financially?B) If they double to 5 million, what does that do to you...
View ArticlePersonal Finance (Not Investing) • Talking with my Dad about Finances
My parents are in their mid 70's and my dad has always taken care of of their financials since they got married 50 years ago. He had a health scare (minor stroke) a few years ago and has recovered...
View ArticlePersonal Finance (Not Investing) • car salvage question
So my DH got into a car accident at work building. He was leaving and the garage door came down on top of the car. So the roof was damaged. We went to our insurance and tried to find contact...
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