Personal Investments • 529 withdrawal process
I don't recall ever having any difficulty with 529 withdrawals coming to me, but we generally paid tuition and fees up front and reimbursed ourselves. The only TurboTax weirdness I encountered was one...
View ArticleInvesting - Theory, News & General • International (Non-US) versus US...
Valuation multiples are only part of the story. There was also a real estate crisis and other factors that reduced earnings. But all other things being equal, a lift of CAPE back to the mean of the...
View ArticleInvesting - Theory, News & General • How should one think about bond funds?
May I ask why not? Is it simply because you're timing the market, or are there other reasons (too)?I'm not the poster you're asking, but I'm not timing the market and I still don't want bond funds. I...
View ArticleInvesting - Theory, News & General • ETF vs ETF Trust
This may refer to the legal structure of the ETF.For SPY, this does make a small difference. SPY cannot reinvest dividends internally; it must hold them until it pays them out, so you lose the market...
View ArticlePersonal Finance (Not Investing) • Tax Minimization Strategy for Retirement
Have you determined that the ladder approach and/or the SOSEPP are superior to simply living off the brokerage fully (until SS/RMDs) and roth converting at a reasonable pace (e.g., not past charitable...
View ArticlePersonal Finance (Not Investing) • Annuity to lock in interest rates
The wiki has some background info: Fixed annuity (a.k.a. "multi-year guaranteed annuity", or "MYGA", also referred to as a "CD annuity")Statistics: Posted by LadyGeek — Thu Aug 22, 2024 6:22 pm —...
View ArticlePersonal Finance (Not Investing) • Fed & NY State Tax - Step-up basis on...
Thanks for the answers, I was afraid she could not get his step-up, but glad she can use his half of the $500k exclusion if she sells within 2 years.Statistics: Posted by 557880yvi — Thu Aug 22, 2024...
View ArticlePersonal Finance (Not Investing) • The Proper Rent
HmmIs there a question in there?I am not a person that much ego wrapped up in housing and have tended to buy or rent places that were a small percentage of household income (usually less than 15% of...
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Personal Finance (Not Investing) • Tricks of the high net worth households
I'm not sure what the "official" definition of HNW is. To me, it is $5M+. I'm at $3M as a 46 year old school teacher. My simple (more easily said than done!) tricks are frugality and discipline.EDIT:...
View ArticlePersonal Investments • CFP advising us to re-allocate retirement funds into...
Thanks for all the advice. It's what I expected to hear, but was almost hoping to hear that I was missing something that could be useful.….. this advice is not in your best interests. This advice is...
View ArticlePersonal Consumer Issues • Best places to stay in visit to Dallas and Austin
Austinvisit the Continental Club, Broken SpokeHave a drink at the Driskill barStatistics: Posted by brainstem — Thu Aug 22, 2024 6:28 pm — Replies 26 — Views 1350
View ArticlePersonal Investments • Short Term vs Long Term Bond Funds
I have been invested in long term (BND) for several years and have unrealized losses but am hopeful of a recovery, but I'm still getting a great income from it. Any advice for short term vs long term...
View ArticlePersonal Investments • I-bond gift purchase mistake! Help!
I will probably just let it be and wait for them to return the money in the future. Thanks for sharing your experience.Statistics: Posted by gazelle1991 — Thu Aug 22, 2024 6:29 pm — Replies 4 — Views...
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Personal Consumer Issues • BBQ cooking tips?
Get a 22" Weber kettle grill, a chimney charcoal starter, and some hickory wood chips. Cook low and slow. Statistics: Posted by EdNorton — Thu Aug 22, 2024 6:30 pm — Replies 26 — Views 877
View ArticlePersonal Finance (Not Investing) • When to start social security for a family...
Thank you. This is very interesting, makes sense but I have never read this anywhere “From that, we back out PersonA's PIA to determine the amount left for the rest of the family. 6650.83 - 3800 =...
View ArticlePersonal Investments • Baby on the way: Investments for the newborn
Get term life insurance that is separate from your employer. Any employer-based insurance ends when your employment ends.Statistics: Posted by Thrifty Femme — Fri Aug 23, 2024 6:35 pm — Replies 32 —...
View ArticleInvesting - Theory, News & General • Won the game
You can retire.Statistics: Posted by InvestInLife — Fri Aug 23, 2024 6:35 pm — Replies 116 — Views 21475
View ArticleInvesting - Theory, News & General • What convinced you that you can't...
My train of thought is that I can’t play basketball like Michael Jordan just like I can’t invest like Warren Buffet. If beating the average is so easy then just about anyone can do it. However I look...
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Investing - Theory, News & General • Why all the IRMAA angst? [IRMAA:...
There are a few different definitions of angst you will find in dictionaries. I had assumed it was intended more in this sense: "(Informal) a feeling of persistent worry about something trivial."This...
View ArticlePersonal Investments • Cash at Fidelity
Transferred FRSXX from Wells but how do I buy more? When I go to buy Fidelity says I don’t have the minimum. Do I need to wait a few more days for transfer to fully settle?For me it was the day after...
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