Search found 202 matches

by LMK5
Fri Aug 18, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

Ok, I think I'm seeing it a little better now. Bottom line is, for the payment they received on February 24th, they applied the same interest as they would have if they'd received that payment on March 24th. Correct?
by LMK5
Fri Aug 18, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

Back when I had a mortgage, I made a few payments of additional principal. They were always made along with my normal monthly payment, which I believe is the way my lender expects it to be used. That's reasonable. Now let's say you mailed a regular payment in on 2 consecutive days. How much interes...
by LMK5
Fri Aug 18, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

Back when I had a mortgage, I made a few payments of additional principal. They were always made along with my normal monthly payment, which I believe is the way my lender expects it to be used. That's reasonable. Now let's say you mailed a regular payment in on 2 consecutive days. How much interes...
by LMK5
Fri Aug 18, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

I have a Chase mortgage. On their website, if you choose to pay your mortgage, there are three boxes. The first is autopopulated with XX minimum payment due (where XX = my monthly mortgage amount). The next two are for additional principal and additional escrow. If I wanted to pay principal only, I...
by LMK5
Fri Aug 18, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

If you paid your regular payment a few days early, they would still charge you a full months interest ; just if you paid it a few days late (but within the grace period), they would not penalize you. (Unlike my HELOC where interest is figured to the penny each month on the day when payment is recei...
by LMK5
Fri Aug 18, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

neilpilot wrote:
Fri Aug 18, 2017 9:38 am
The normal interest, which would be credited as the next payment due. As you experienced.

You do not get "credit" for any early payments, only for paying down your principal.
Evidently.
by LMK5
Fri Aug 18, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

Back when I had a mortgage, I made a few payments of additional principal. They were always made along with my normal monthly payment, which I believe is the way my lender expects it to be used. That's reasonable. Now let's say you mailed a regular payment in on 2 consecutive days. How much interes...
by LMK5
Fri Aug 18, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

When I have made extra principle payments (Wells Fargo but all online) I agree with what you say that it just goes against the principle. Payments are made separate. If making a payment but with extra principle on the same payment the extra principle is on top of the payment. Since it sounds like y...
by LMK5
Fri Aug 18, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

Gill wrote:
Fri Aug 18, 2017 9:16 am
I think they're treating the second payment as the March payment.
Gill
You are correct. They applied the payment to the next month, because they told me I don't owe a payment until October. But how could they have charged me that interest on the payment received the very next day (February 24th)?
by LMK5
Fri Aug 18, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Re: Did Chase Apply My "Additional Principal" Payment Legally?

When I have made extra principle payments (Wells Fargo but all online) I agree with what you say that it just goes against the principle. Payments are made separate. If making a payment but with extra principle on the same payment the extra principle is on top of the payment. Since it sounds like y...
by LMK5
Fri Aug 18, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Did Chase Apply My "Additional Principal" Payment Legally?
Replies: 41
Views: 2545

Did Chase Apply My "Additional Principal" Payment Legally?

Back on February 23rd I made a $5000 additional principal payment on my mortgage. I used Chase's payment form and checked the box "additional principal." I did not include the regular mortgage payment of $1052.39 in the remittance. I recently looked at my payment records and noticed that instead of ...
by LMK5
Sat Jan 14, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 19108

Re: Best Financial Moves You've Made

I think my single best financial move has been to make investing a priority, never reducing my contributions for the sake of any material things. Interestingly, the best "move" a person can make is usually to make no moves at all. It's uncanny, but the "moves" that I and others m...
by LMK5
Fri Jan 13, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: 529 non-qualified withdrawal earnings: Is this trust income?
Replies: 2
Views: 269

Re: 529 non-qualified withdrawal earnings: Is this trust income?

My question is this: Will the $3700 be considered distributable net income (DNI) to the trust, in the same way that dividends are DNI, or will that $3700 be treated separately? What about the 10% penalty? Does anyone know how that will be treated? Include $3,700 on Line 8 - Other Income and identif...
by LMK5
Thu Jan 12, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: 529 non-qualified withdrawal earnings: Is this trust income?
Replies: 2
Views: 269

529 non-qualified withdrawal earnings: Is this trust income?

I am the trustee of an irrevocable trust for which I file a 1041 each year. This trust is the owner of a 529 plan in which my daughter is the beneficiary. In December 2016, I (the trust) made a withdrawal from the 529 plan that will be considered "non-qualified" when I file the trust's tax...
by LMK5
Thu Sep 15, 2016 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

What would you do with the $640 per year if you cancelled the life insurance? I guess it would wind up in my online savings account. So, after 7 years, you would accumulate about $4,662 (I'm using a 1% interest rate, since you said it would go in a savings account). If you're still alive in 7 years...
by LMK5
Thu Sep 15, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

What would you do with the $640 per year if you cancelled the life insurance? I guess it would wind up in my online savings account. So, after 7 years, you would accumulate about $4,662 (I'm using a 1% interest rate, since you said it would go in a savings account). If you're still alive in 7 years...
by LMK5
Thu Sep 15, 2016 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

B0bL0blawsLawBl0g wrote:What would you do with the $640 per year if you cancelled the life insurance?


I guess it would wind up in my online savings account.
by LMK5
Thu Sep 15, 2016 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

We bought $1M 20-yr term for each of us when our 2nd child was born sized to have enough to pay off the mortgage and fund college if something should happen to one of us. Premiums are $500/yr for me $1200/yr for my husband. We no longer have a mortgage and the college funds are almost fully funded....
by LMK5
Thu Sep 15, 2016 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

With the wife being 10 years younger, how will you handle retirement? Will she "retire" (stop working) at the same time as you? If this is the case then in the event of your passing during the term of the insurance the proceeds might do well to carry her through to when she can obtain her...
by LMK5
Thu Sep 15, 2016 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

based on the info shared, and the fact that 8 years of the 15 year level term have passed, you still have a child who needs to go to college, you are now 55 years old so more risk to the insurer, you also have more risk of becoming uninsurable, current premium is relatively affordable , I would sug...
by LMK5
Thu Sep 15, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

I'm just concerned that I would keep the policy because "I've paid in for 8 years" which of course is not a good reason. Given the limited info on your financial status; other than retiring soon... With 2 kids aged 15, I'd keep it. You owe it to them and your wife should the worst happen....
by LMK5
Thu Sep 15, 2016 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

Two issues First, Is it needed? Only you can answer that. Then, even if it's not needed, would it be very helpful? Second, is it a good value? With level term you overpay at the beginning and underpay or pay a fair price toward the end. Since the premium is level but your risk to the insurer rises ...
by LMK5
Thu Sep 15, 2016 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

Will your family be able to live without your income if you die? If the answer is no, you should keep the life insurance. The primary purpose (IMHO) of life insurance is to provide for those who are dependent upon your income. If no one is dependent on your income, there is no *need* for life insur...
by LMK5
Thu Sep 15, 2016 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

... My thinking at the time was that since my portfolio took such a hit, it would be nice to have this buttress, should something happen to me (I have a family with 3 kids).... And if your portfolio takes such a hit again would it still be nice to have this buttress, or is it no longer needed? And ...
by LMK5
Thu Sep 15, 2016 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Re: Should I Cancel My Term Life Insurance?

... My thinking at the time was that since my portfolio took such a hit, it would be nice to have this buttress, should something happen to me (I have a family with 3 kids).... And if your portfolio takes such a hit again would it still be nice to have this buttress, or is it no longer needed? Good...
by LMK5
Thu Sep 15, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1944

Should I Cancel My Term Life Insurance?

Back in 2009, at the height of the market debacle, I decided to take out some life insurance. So I took out a $500k policy with a 15-year term. My thinking at the time was that since my portfolio took such a hit, it would be nice to have this buttress, should something happen to me (I have a family ...
by LMK5
Wed Aug 31, 2016 2:27 pm
Forum: Investing - Theory, News & General
Topic: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA
Replies: 14
Views: 1443

Re: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA

I am 46 and can't imagine having 46% of my AA in bonds. If you are going to retire at 65, that is 18 years away. Way too conservative for me. In fact, I doubt I will ever have more than 40% in bonds. I am also 46 and am close to age in bonds, including all FI (CDs etc) I have more than age in bonds...
by LMK5
Tue Aug 30, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA
Replies: 14
Views: 1443

Re: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA

Engineer250 wrote:A lot of people use (age - x = bonds) where x can be whatever you feel like you can justify.


Yeah, and the problem is that "x" tends to climb along with one's complacency with the market.
by LMK5
Tue Aug 30, 2016 11:53 am
Forum: Investing - Theory, News & General
Topic: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA
Replies: 14
Views: 1443

Re: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA

Is Vanguard tossing out the old Bogle mantra of "your age in bonds"? In looking at the Target Retirement 2015 fund AA, they currently have a 47% allocation to equities. Assuming Vanguard is using a retirement age of 65 as their benchmark, why wouldn't they be closer to the 35% equity allo...
by LMK5
Tue Aug 30, 2016 10:15 am
Forum: Investing - Theory, News & General
Topic: Bond Behavior: IPS vs. International vs. General
Replies: 2
Views: 295

Bond Behavior: IPS vs. International vs. General

I noticed some all-in-one funds maintain allocations to both inflation protected bonds and also to international bonds. Can someone tell me how each of these would be expected to behave in different economic conditions relative to general bonds, and also what a sound allocation to each of these woul...
by LMK5
Tue Aug 30, 2016 10:10 am
Forum: Investing - Theory, News & General
Topic: "Your Age In Bonds"vs. Target Retirement 2015 Fund AA
Replies: 14
Views: 1443

"Your Age In Bonds"vs. Target Retirement 2015 Fund AA

Is Vanguard tossing out the old Bogle mantra of "your age in bonds"? In looking at the Target Retirement 2015 fund AA, they currently have a 47% allocation to equities. Assuming Vanguard is using a retirement age of 65 as their benchmark, why wouldn't they be closer to the 35% equity alloc...
by LMK5
Wed Aug 24, 2016 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

Going from 56% to 50% will give you great peace of mind, but I don't think it will affect your portfolio so much. Also, that 6% difference could come from any of your equity assets: large, international, small, whatever. Think of it this way: If an extra 6% in equities dropped 50%, then your portfo...
by LMK5
Mon Aug 22, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

That is what I did but remember my small cap exposure was a decent size by itself but not a major percent of my allocation -- maybe 4% of my portfolio , so I could afford to carry a bit more risk. Also, I focus on the overall equity vs fixed income -- that is where the real risk/reward is. I don't ...
by LMK5
Mon Aug 22, 2016 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Company's 401k junk and Trad IRA languishes - I want to fix now!
Replies: 47
Views: 4495

Re: Company's 401k junk and Trad IRA languishes - I want to fix now!

Please see the wiki article "prioritizing investments". The priorities that often work best for many people are: 1) contribute enough to the 401ks to get the full employer match; 2) pay off any high interest debt; 3) contribute the maximum to IRAs for both spouses; 4) contribute the remai...
by LMK5
Sun Aug 21, 2016 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

Interesting, I have a large small cap position in my taxable account with large cap gains. I decided not to reinvest any distributions but it is such a small percentage of my total equities that I have not decided to take cap gains to reduce or eliminate it. I am well into retirement but you may ha...
by LMK5
Sun Aug 21, 2016 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

Assuming that you can not add new funds to readjust the AA. 1) It seems that you might be at the prime of your earning potential. If you think your tax rate may be higher in future than it is now, selling and paying taxes may not be such a bad idea. - Pay now, but lower than you would have to pay i...
by LMK5
Sun Aug 21, 2016 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

Going from 56% to 50% will give you great peace of mind, but I don't think it will affect your portfolio so much. Also, that 6% difference could come from any of your equity assets: large, international, small, whatever. Think of it this way: If an extra 6% in equities dropped 50%, then your portfo...
by LMK5
Sun Aug 21, 2016 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

May I ask what your age is, or better yet, how many years until retirement? 60% sounds like a heavy weighting if you're close, .... I don't see myself having less than about 58% in equities on the low end until I die. I do see myself having more in equities occassionally. I haven't worked in a coup...
by LMK5
Sun Aug 21, 2016 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

I am in a similar position as the OP only with US large cap stocks. And none of the suggestions will help. I have no more carry forward losses; donations to our DAF, new money, and dividends reinvested elsewhere will not be nearly enough alone to rebalance; I already use spec ID. No adult kids yet,...
by LMK5
Sun Aug 21, 2016 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

Assuming that you can not add new funds to readjust the AA. 1) It seems that you might be at the prime of your earning potential. If you think your tax rate may be higher in future than it is now, selling and paying taxes may not be such a bad idea. - Pay now, but lower than you would have to pay i...
by LMK5
Sun Aug 21, 2016 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

May I ask what your age is, or better yet, how many years until retirement? 60% sounds like a heavy weighting if you're close, .... I don't see myself having less than about 58% in equities on the low end until I die. I do see myself having more in equities occassionally. I haven't worked in a coup...
by LMK5
Sun Aug 21, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

I am in a similar position as the OP only with US large cap stocks. And none of the suggestions will help. I have no more carry forward losses; donations to our DAF, new money, and dividends reinvested elsewhere will not be nearly enough alone to rebalance; I already use spec ID. No adult kids yet,...
by LMK5
Sun Aug 21, 2016 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

If you believe that SC has a higher expected return than LC, you could keep a lower overall stock position by keeping a higher SC allocation. For example, you could sell the LC(and maybe even add more SC), thus having a new higher SC AA and go to 45/55 AA overall. True, but keeping the higher perce...
by LMK5
Sun Aug 21, 2016 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

3) Unfortunately I didn't have that foresight. I believe my method is average cost basis which I don't believe can be changed. If you haven't sold any shares, then you can change your cost basis method now. What's the rule? Never having sold any shares since opening the fund, or never having sold s...
by LMK5
Sat Aug 20, 2016 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

If you believe that SC has a higher expected return than LC, you could keep a lower overall stock position by keeping a higher SC allocation. For example, you could sell the LC(and maybe even add more SC), thus having a new higher SC AA and go to 45/55 AA overall. True, but keeping the higher perce...
by LMK5
Sat Aug 20, 2016 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

livesoft wrote:4. Can I give away shares to charity or my Donor-Advised Fund and avoid realizing capital gains?

5. Do I have kids that I can gives shares to and let them sell the shares? Would they pay 0% LTCG tax?


Sounds complicated. I smell attorney fees.
by LMK5
Sat Aug 20, 2016 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

Also don't be so strict with the percentages. If you sold large cap then how much is your small cap and what is your target %? Sounds like you are only wanting to sell about $10k. The problem is last year I also needed to sell small cap but didn't want the tax hit so I sold mid cap instead. Now I h...
by LMK5
Sat Aug 20, 2016 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

I wouldn't sell. Instead, I'd simply make any new contributions in the asset class you'd like to own. It will rebalance itself over time that way. The problem is that any contributions I can make at this point aren't large enough--relative to the net assets of the portfolio--to make an impact. I ge...
by LMK5
Sat Aug 20, 2016 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

I personally would not take the tax hit. I would be asking myself a couple of questions: 1. Where did all my tax-loss harvested losses go to such that I even need to think about net realized gains at tax time? and 2. Can I wait until the September distributions when most equity funds will pay out d...
by LMK5
Sat Aug 20, 2016 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2980

Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

I would like to reduce my equity percentage down to about 50% from 56% (I'm 55 years old). I have allocations I've maintained in the different classes of equities: Large Cap, Mid Cap, Small Cap, International, and Hard Assets (gold, energy, etc.), each with a specific percentage that in total equals...