Search found 15 matches

Return to advanced search

529b accounts and IRS form 709

Hi, I opened a 529b last year for my son. The 529b is in my name. My wife and I contributed 26000 in 2012 to this account. Do we need to file 709 forms for both of us? Although we fall under the gift tax exclusion (26000 for a married couple), from just looking at the account statements alone it is ...
by JCW500
Fri Feb 01, 2013 10:14 am
 
Forum: Investing - Help with Personal Investments
Topic: 529b accounts and IRS form 709
Replies: 4
Views: 357

Accidentally contributed to Roth instead of Trad. IRA

Hi, I accidentally contributed 5000 to my wife's Roth IRA instead of our traditional IRA (both on Vanguard). We normally contribute to the traditional IRA and immediately convert (we are above the income for straight Roth IRA contributions)... 1. Does anyone have experience with this? If I call Vang...
by JCW500
Sat Dec 24, 2011 4:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Accidentally contributed to Roth instead of Trad. IRA
Replies: 4
Views: 747

Vanguard Cost Basis and Specific ID of Shares

I'm thinking of setting up an automated withdrawal plan to put money into a taxable Vanguard account automatically with each paycheck. I understand that Vanguard is supposed to start keeping better track of our shares for tax purposes starting next year. I was concerned that automatically saving twi...
by JCW500
Sun Oct 23, 2011 2:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard Cost Basis and Specific ID of Shares
Replies: 1
Views: 283

Another thing to consider--- if you use the same password on every website (like most people), it's entirely possible that it could have been compromised. Even if it's completely random and uncrackable, if you have one site that has shoddy security policies and it gives up your password, it is prett...
by JCW500
Wed Sep 29, 2010 7:11 pm
 
Forum: Personal Consumer Issues
Topic: Possible virus in my email
Replies: 17
Views: 2665

VMLTX vs Ally high yield CD for short term needs?

Hi, so I am looking to put money towards a house sometime in the next few years. I will be in the 33% tax bracket, and advance to the highest tax bracket in 1-2 years. I have some money in Vanguard Limited-term Municipal Bond fund, with a current SEC yield of 1%. I'm thinking about putting some mone...
by JCW500
Sun Sep 19, 2010 11:59 am
 
Forum: Investing - Help with Personal Investments
Topic: VMLTX vs Ally high yield CD for short term needs?
Replies: 4
Views: 1271

Re: Taleb and me

Teleb's idea is to allocate 10-20% of the money in highly risky assets which have a high possibility to do very well and the rest in treasuries. His point is that if things go to hell, you have exposed only a small fraction of your money and if things go very well, you can make a small fortune. If ...
by JCW500
Fri Apr 02, 2010 7:38 am
 
Forum: Personal Finance (Not Investing)
Topic: Taleb and me
Replies: 15
Views: 1986

Or to put it another way, is it more beneficial for me to rollover to Roth instead of letting the money sit in the Non-deductible IRA? Yes, it would be. With deductible contributions, you have to weigh whether or not the advantage of the tax break now outweighs tax free withdrawals at retirement. B...
by JCW500
Mon Mar 15, 2010 1:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth IRA contributions due to loophole?
Replies: 7
Views: 1486

If you have no knowledge of investing like most people in the country, sure individual equities aren't for you to invest in on your own. But I do think the vast majority of individuals on this forum are more than capable to invest in some individual equities, keeping in mind investing rather than t...
by JCW500
Fri Mar 12, 2010 4:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Ready to move out of mutual funds and into indiv. stocks?
Replies: 61
Views: 6445

Re: Ready to move out of mutual funds and into indiv. stocks

Hello all, FWIW I've been happy with my performance at t-rowe. Did an extensive analysis comparing my performance to what it'd have been investing in the sp500 etf and I outperformed by 7%. Thanks in advance! Consider this: In order for you to beat the market, someone has to lag the market, since t...
by JCW500
Wed Mar 10, 2010 9:45 am
 
Forum: Investing - Help with Personal Investments
Topic: Ready to move out of mutual funds and into indiv. stocks?
Replies: 61
Views: 6445

YTM vs actual annual returns.

Thanks to all for your insightful replies. Here's another question to ponder... Many have argued that the SEC Yield/YTM should be seen as the true yield estimate to look at. However, if you look at the annual yields, including both distribution yields plus capital gain/loss, they seem to differ grea...
by JCW500
Mon Mar 08, 2010 9:24 am
 
Forum: Investing - Theory, News & General
Topic: Distribution Yield vs Yield to Maturity
Replies: 23
Views: 2773

Distribution Yield vs Yield to Maturity

If you look at Bond funds, often the yield to maturity is different from the Distribution Yield. For example, for Vanguard Limited Term Tax Exempt, the distribution yield this month is 2.33%, while the average yield to maturity is 1.4%. While I understand how YTM is an important measure for individu...
by JCW500
Sat Mar 06, 2010 12:52 pm
 
Forum: Investing - Theory, News & General
Topic: Distribution Yield vs Yield to Maturity
Replies: 23
Views: 2773

In all honesty, I think the smart money was buying gold in the early 2000's. My guess is that they are selling now. Just a guess. You sound fearful (of the gold price dropping). If I was a betting man, and I am not, I would side with the view that the gold price has gotten way ahead of itself, and ...
by JCW500
Sun Feb 28, 2010 11:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: Gold! Does it make sense to invest!
Replies: 78
Views: 6802

Practically, if the US stock market falls 90%, then perhaps your retirement savings are the least of your worries. You'd probably lose your job, and with the economic chaos, you'd have more things to worry about. Also, even for the most risk averse, I'm not sure how this helps. What is the answer---...
by JCW500
Fri Feb 12, 2010 8:14 am
 
Forum: Investing - Theory, News & General
Topic: The 50% fallacy
Replies: 128
Views: 18253

Still confused about dividends in theory...

Okay, I understand how dividends may not always be preferable to other means of returning profit to investors, like stock buybacks. I get how the amount of dividend doesn't necessary correspond to long term return. And, it makes sense that growth companies may have good growth potential , but have l...
by JCW500
Sun Feb 07, 2010 7:04 pm
 
Forum: Investing - Theory, News & General
Topic: What is so great about dividends? Alot of misinformation?
Replies: 203
Views: 30197

Trying to save for a house in the next few years

I am currently trying to save up for a house. I have Vanguard Target Retirement funds in my 401k and Roth IRA, as well as an ING Direct account for my emergency fund. I am trying to decide how to save extra cash for a home. I live in NY, so I need a lot of cash for the downpayment, even with this ec...
by JCW500
Mon Jan 18, 2010 4:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Trying to save for a house in the next few years
Replies: 4
Views: 957

Return to advanced search