Personal Finance (Not Investing) • Tax implications of Selling Policy in ILIT
...I did this [terminated my ILIT] in 2019. It followed the "Terminate the ILIT Altogether" section in the article. In particular, I did number 3, i.e. "Consent Termination by Grantor and...
View ArticleInvesting - Theory, News & General • Hoarding cash
A hefty balance in a MMF is a nice security blanket, but it's no substitute for a real long-term investment plan. As others have noted, there's no guarantee those sweet-looking returns won't go south...
View ArticlePersonal Finance (Not Investing) • Bank of America/Merrill Edge - Preferred...
I think one should go for platinum honors as that increases the credit card reward boost from 50% to 75% and only needs another 50k in assets.Correct and with dimond I am still at 75% same thing as...
View ArticlePersonal Finance (Not Investing) • Advice on $2 million umbrella policy for...
... I am urging him to secure $2 million in umbrella insurance before his vacation trip just in case he had a catastrophic car accident that was his fault causing substantial injury or death to...
View ArticlePersonal Finance (Not Investing) • What's safer: iphone banking app or...
No proof, but an app is probably safer. Reasons: 1) iPhone app is from the App Store, which has already been curated and verified and scanned for "viruses";2) Hard to click on various links from...
View ArticlePersonal Consumer Issues • Any simple method for undergrad to make $1000...
It should be fairly easy to make $1000 of income. The local Aldi pays $16 an hour which mean you only need about 63 hours to reach $1000. When I was in college, I did some work at their computer...
View ArticlePersonal Investments • Selling index fund shares in taxable account. doesn’t...
The short answer is: if your index fund shares grew in value, and you sell them, then your tax bill will probably increase.Statistics: Posted by UpperNwGuy — Sun May 05, 2024 9:20 pm — Replies 14 —...
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Personal Investments • Risks of a securitized bond fund, such as DHEAX
DHEAX has substantially more credit risk than BND. BND is all investment grade bonds while DHEAX has about 25% in junk bonds.Thank you. Makes sense. Go Broncos!Statistics: Posted by soretired — Mon...
View ArticleInvesting - Theory, News & General • Allan Roth: Lessons From a Decade of...
agree except for VXUS, which has been terrible.From PV:https://www.portfoliovisualizer.com/bac ... LppXhGnYUyhttps://www.portfoliovisualizer.com/bac ... 4dkKMURPC1Interesting choice to not also chart...
View ArticlePersonal Finance (Not Investing) • USDA Loans
Nothing happens to it. If you qualify for $100k but only spend $75k the other $25k never gets loaned. Just because you qualify for more doesn’t mean you need to spend more.Statistics: Posted by...
View ArticleInvesting - Theory, News & General • Is there an index fund tracking Dow...
An index that claims to represent the overall stock market but diverges by mulitple percentage points from that stock market is a terrible index.There you go with your theories again -- that the...
View ArticlePersonal Consumer Issues • Can you buy Microsoft Office for home anymore or...
Ex Volume License and MSDN administrator here…These cheap MS Office keys may be either Volume License or MSDN keys and if so they would be in violation of the MS license agreement.Having said that...
View ArticlePersonal Investments • Will I have an issue trying to withdrawal large sum...
I have a large sum of cash in VMRXX from the sale of a home (600K+). I will be needing it to buy another home. I have read some threads where people have had issues getting their cash from MM funds....
View ArticlePersonal Finance (Not Investing) • Share your retirement cash flow plan
I keep about 1–2 months’ cash in my brokerage account’s settlement fund. I also direct dividends to the settlement fund.Once a month I transfer cash from my brokerage account to my checking account....
View ArticlePersonal Consumer Issues • What Movie Have You Recently Watched?
Just got back from The Fall Guy at the theater starring Ryan Gosling, Emily Blunt, and many others. Highly enjoyable movie that fulfills its goal of being a love letter to the stunt actors that make...
View ArticlePersonal Consumer Issues • Athos Insurance for photography gear - has anyone...
I have heard they are fine. I have also heard good things about https://www.heffins.com/business-insura ... -and-film/Statistics: Posted by Laundry_Service — Mon May 06, 2024 9:28 pm — Replies 5 —...
View ArticleInvesting - Theory, News & General • With interest rates this high are...
Decreasing due to Ben Graham's formula comparing ST Treasury Yield to S&P500 Earnings yield.About 35 / 65 % stock / bond ratio given current yields.Bonds more attractive at present time. You can...
View ArticlePersonal Investments • Hearing Horror Stories that Vanguard Doesn't Let You...
What's the point of transferring money to your brokerage account if you are going to immediately transfer it out?That’s seems irrelevant. It’s your money. Should be able to change your mind and decide...
View ArticlePersonal Investments • Is Fidelity a Bad Broker to Use for Buying T-Bills
Actually, Fidelity does allow some of this. On the maturity date, the bill at par appears in the cash settlement fund. It's still pending but it's good enough to allow you to place an order for an...
View ArticlePersonal Finance (Not Investing) • Picking Apart Medicare Part B: Trauma Related
We're not talking about some guy down in the holler who doesn't want the guvvamint in his life. Whose only assets to tap to pay for medical care consist of his single-wide and the pickup. We're...
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