Personal Finance (Not Investing) • Re: 529 withdraw all funds for expenses of...
So they would not care that I took out $50k from the 529, and used the second $25k for a renovation of a house and then backfilled that $25k into the checking account with the sale of a house? The...
View ArticleInvesting - Theory, News & General • Re: Vanguard to start charging...
I’d flip the argument and say I don’t feel like subsidizing people who refuse to get with the times and use a computer. We are a quarter of the way into the 21st century, after all.Imagine if the...
View ArticleInvesting - Theory, News & General • Re: Preparing for 2026 tax brackets
I fail to understand the speculation about needing to prepare for 2026 tax brackets. No way to discuss this without tiptoeing into forbidden territory -- that is, without discussing politics and...
View ArticlePersonal Investments • VFIAX Today
S&P 500 dropped 0.41% today but VFIAX (Vanguard 500 index fund) dropped 0.75%. Usually daily movement is exactly the same. I am not concerned about daily movements but am curious to know the...
View ArticleInvesting - Theory, News & General • Re: Wealthfront Savings and the...
...In this case, with cash, the SIPC limit(s) and the FDIC limit(s) are identical so I'd argue the gears don't matter with Fidelity in this case. This is clearly different than the fintech players,...
View ArticlePersonal Investments • Re: Investment lesson learned
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.Will RogersStatistics: Posted by Nicolas — Sat Jun 29, 2024 8:51 pm
View ArticleInvesting - Theory, News & General • Re: A New “Animated” Rick Ferri...
Here is reality. Unless a professional successor is already in place to run your portfolio before you died or become incapacitated, it will not go to the adviser you want. It will probably go to a...
View ArticlePersonal Consumer Issues • Re: Water bottle for an upcoming international trip
While a Sawyer Squeeze is what I use and recommend, I should write that quite a lot of people who use the Sawyer Squeeze apparently don't know how to keep it clean and unclogged. It can also be...
View ArticlePersonal Investments • Re: Target date funds with less international expsure?
If you think you know better than the target date fund industry, you aren't a candidate for target date funds. Plain and simple. To use target date funds, you do have to pick a provider by some...
View ArticlePersonal Finance (Not Investing) • Re: My car got keyed....any advice
I went to a professional car painter and filed a claim under our car insurance when DW’s Lexus got keyed. We had a high deductible so we ended up paying for 90% of the repair. We went with the “high...
View ArticlePersonal Finance (Not Investing) • Re: Structuring inheritance for young adults
if you wait decades to give it to them, the money will double a couple times. better if you, and they, get started spending it sooner.+1I did not inherit anything meaningful. If my parents had made me...
View ArticlePersonal Consumer Issues • Re: Average monthly Internet + TV bill
Verizon fios internet (no TV) $43.99/mo for 300 Mbit. There is a competitor that is also available at similar prices.If you have gigabit and don't regularly download large amounts of data or have 17...
View ArticlePersonal Investments • Re: Gifting appreciated stock - loophole?
When our son was in this position, he reduced his AGI to get into the 0% tax bracket by contributing enough to his traditional 401(k), then he contributing to his Roth 401(k) since those contributions...
View ArticlePersonal Finance (Not Investing) • Re: Can I afford a $925k second home?
Rent the vacation home, don't buy it unless you have the cash to do so. They don't have the cash. Nor would I tie up that kind of liquidity in an illiquid asset. I seriously would consider keeping the...
View ArticlePersonal Finance (Not Investing) • Re: Can I afford $2MM home
OP, you will have an extra hour + of free time every work day to do things you enjoy doing. This is 480 hours a year or 12 entire work weeks. A staggering amount of free time each year. If you are...
View ArticlePersonal Consumer Issues • Re: career advice -- science to medical school?
[...]The real difference between a science discipline and medical school is external grants expectations. Science departments do not require faculty to have grants (e.g., research grants from federal...
View ArticlePersonal Finance (Not Investing) • Re: Another “should I pay off my...
Pay off the mortgage.Statistics: Posted by doobiedoo — Sun Jun 30, 2024 9:35 pm
View ArticlePersonal Consumer Issues • Re: [What TV Show Have You Recently Watched?]
Not really a "TV show", but we've been enjoying the Olympic trials.... especially the Gymnastics.They do the impossible!Waiting right now to find out who is on the Women's Team...RMStatistics: Posted...
View ArticlePersonal Consumer Issues • Re: What are you listening to now
Muskrat Ramble — Louis Armstrong and His Hot Five (1926)Statistics: Posted by Nicolas — Sun Jun 30, 2024 9:36 pm
View ArticlePersonal Finance (Not Investing) • Re: Fidelity Roth IRA for kids, now that...
We have two adult offspring and they each had a Fidelity Roth’s and UTMA’s. Eventually, all four of these accounts got transferred but it was far from simple because Fidelity had not trained their...
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