Search found 89 matches

by vk_217
Tue Jul 23, 2019 1:56 pm
Forum: Personal Investments
Topic: Sell long term shares blocks
Replies: 1
Views: 156

Sell long term shares blocks

Which shares should I choose to sell? Long term shares, right? Does it matter which long term share block? I am thinking the ones with the largest cost per share blocks (highlighted below) and in negative? Shares Purchase Cost Total G/L Term 64.9300 04/11/2018 $17.17 $1,114.85 $42.89 Long Fidelity 2...
by vk_217
Fri May 31, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Failure to pay proper estimated tax
Replies: 10
Views: 794

Failure to pay proper estimated tax

I received a notice from IRS with a penalty of 225.09 which I paid. I don't understand from where this penalty is coming.The notice has quaterly dates from 4/15/2018 to 4/19/2019.This is the first time I am getting this and I used turbotax to file my taxes this time around. I am guessing this is com...
by vk_217
Wed Apr 24, 2019 10:05 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Re: Taking loss vs TLH - Total International

I'll share my total international (VTIAX) TLH experience for possible benefit to the OP. I harvested losses for first time in 2018. I had roughly $150k of VTIAX lots with about $10k in losses. I harvested that $10k loss by selling those and moving the $150K to the settlement fund. I used $50k to bu...
by vk_217
Wed Apr 24, 2019 3:53 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Re: Taking loss vs TLH - Total International

No difference. 1. No tax implications in tax-deferred or Roth accounts. 2. Same tax implications in a taxable account. Ok, its in taxable account,I'll just sell and use it to buy US stock and bonds.Tired of seeing it in red. Good luck! Maybe research TLH so you can use it when your US equities are ...
by vk_217
Wed Apr 24, 2019 3:51 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Re: Taking loss vs TLH - Total International

Ok, its in taxable account,I'll just sell and use it to buy US stock and bonds.Tired of seeing it in red. I would TLH into another International but I certainly wouldn't take a permanent loss on it. It may break even in a couple of years with dividends etc. Read this before you make any decisions b...
by vk_217
Wed Apr 24, 2019 3:49 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Re: Taking loss vs TLH - Total International

Thanks, I won't be able to TLH US equities since its part of my 401k and DW's 401k. I would have to stop buying in 401k and ask my DW to do the same for her 401k which is a herculean task. There must be some misunderstanding about this. Buying in a 401(k) should not present difficulties for tax-los...
by vk_217
Wed Apr 24, 2019 3:24 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Re: Taking loss vs TLH - Total International

Never did a TLH before so not sure what the tax implications are when you sell at a loss vs TLH. No difference. 1. No tax implications in tax-deferred or Roth accounts. 2. Same tax implications in a taxable account. Ok, its in taxable account,I'll just sell and use it to buy US stock and bonds.Tire...
by vk_217
Wed Apr 24, 2019 3:18 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Re: Taking loss vs TLH - Total International

Never did a TLH before so not sure what the tax implications are when you sell at a loss vs TLH. No difference. 1. No tax implications in tax-deferred or Roth accounts. 2. Same tax implications in a taxable account. Ok, its in taxable account,I'll just sell and use it to buy US stock and bonds.Tire...
by vk_217
Wed Apr 24, 2019 3:11 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Re: Taking loss vs TLH - Total International

Take the loss or TLH? Am I missing something? If you want to sell your international stocks, you won't have a choice about gains or losses. What are you asking? Its at a loss right now and I don't want to wait for international to start gaining.Given that, if I sell I have to take the loss but will...
by vk_217
Wed Apr 24, 2019 2:26 pm
Forum: Personal Investments
Topic: Taking loss vs TLH - Total International
Replies: 22
Views: 1242

Taking loss vs TLH - Total International

While I understand the reason for having international exposure in the portfolio, I've pretty much decided to not invest more in international and only invest in US stocks and bonds. For the existing international funds what should I do? Take the loss or TLH? I have stopped buying and auto investing...
by vk_217
Mon Feb 11, 2019 10:08 am
Forum: Investing - Theory, News & General
Topic: Here's to Tax Loss Harvesting
Replies: 19
Views: 2329

Re: Here's to Tax Loss Harvesting

The ambiguity is the reason why I have avoided to try a TLH.I guess i am out of luck unless I choose index funds from different indices in my taxable to qualify for tlh.
by vk_217
Sun Feb 10, 2019 8:57 pm
Forum: Investing - Theory, News & General
Topic: Here's to Tax Loss Harvesting
Replies: 19
Views: 2329

Re: Here's to Tax Loss Harvesting

What about 401k accounts? Do I have to stop contributions to the T Rowe Price Retirement 2045 Fund in the both our 401K accounts for 30 days on either side of the sell vtsax/buy vfiax in taxable?
by vk_217
Sun Feb 10, 2019 5:58 pm
Forum: Investing - Theory, News & General
Topic: Here's to Tax Loss Harvesting
Replies: 19
Views: 2329

Re: Here's to Tax Loss Harvesting

If I sell blocks of VTSAX that are under a loss,without buying anything in 30 days on either side of buy,does that constitute a TLH? If yes, how would I know that I successfully did a TLH? Does it show up in the yearly statement? 3rd year into investing and I was too scared to TLH so stayed away fro...
by vk_217
Wed Jan 16, 2019 10:33 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 57504

Re: John Bogle has died at age 89

John Bogle R.I.P legend.Condolences to Bogle family.Your investing philosophy changed my life forever.
by vk_217
Thu Dec 13, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 11983

3% Interest on checking and savings account - Robinhood

[Thread merged into here, see below (next Page). --admin LadyGeek] Too good to be true? https://www.forbes.com/sites/jeffkauflin/2018/12/13/in-a-bold-asset-grab-robinhood-offers-3-interest-on-checking-and-savings-accounts/#7f86ba13341a "Robinhood’s checking and savings accounts have no account mini...
by vk_217
Thu Nov 15, 2018 12:09 am
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3634

Re: rule of thumb for using HSA funds?

Sorry, I can't wrap my head around the "saving receipts" business. My wife opened HSA through her employer and contributed close to 6K this year.However, in Feb we came to know we are having a baby.Since the family deductible was 5000, we paid all the doctor visits,lab work,pregnancy related bills t...
by vk_217
Thu Nov 01, 2018 9:35 am
Forum: Personal Investments
Topic: HSA and DCFSA
Replies: 13
Views: 735

Re: HSA and DCFSA

The only thing I need to confirm is the max amount my wife can contribute to her HSA and can we 3 pay for our medical expenses from that HSA funds. The above two responses are conflicting (3450 vs 6900) Whether she can contribute $3450 or $6900 depends on whether her insurance is an individual or f...
by vk_217
Wed Oct 31, 2018 9:57 pm
Forum: Personal Investments
Topic: Fully maxed out
Replies: 70
Views: 8694

Re: Fully maxed out

If my wife is covered under a HDHP with HSA from her employer what is the max she can contribute to HSA? Myself and my daughter are covered by my employers insurance and its a PPO plan. If you have a general purpose FSA, she is ineligible for HSA contributions. If not, her maximum HSA contribution ...
by vk_217
Wed Oct 31, 2018 9:53 pm
Forum: Personal Investments
Topic: HSA and DCFSA
Replies: 13
Views: 735

Re: HSA and DCFSA

Limited Purpose FSAs and/or Post-Deductible FSAs are typically only offered to employees who select an HDHP. I am out of luck here, the only options I have is health care FSA and dependent care FSA. Dependent care FSA is a great option for us since we plan to send our daughter to the daycare once m...
by vk_217
Wed Oct 31, 2018 9:50 pm
Forum: Personal Investments
Topic: HSA and DCFSA
Replies: 13
Views: 735

Re: HSA and DCFSA

My employer also provides Health care FSA but I read that I cannot have FSA when a spouse has a HSA. This is not quite true. Your spouse cannot contribute to an HSA if you have an FSA that provides coverage that would not be allowed under the high-deductible plan. However, some employers, such as t...
by vk_217
Wed Oct 31, 2018 8:43 pm
Forum: Personal Investments
Topic: Fully maxed out
Replies: 70
Views: 8694

Re: Fully maxed out

I believe you can max out an HSA and still max out a dependent care FSA at the same time. I've also read of "limited use" FSAs that focus only on dental/vision that can be used in conjunction with an HSA. If my wife is covered under a HDHP with HSA from her employer what is the max she can contribu...
by vk_217
Wed Oct 31, 2018 6:07 pm
Forum: Personal Investments
Topic: HSA and DCFSA
Replies: 13
Views: 735

Re: HSA and DCFSA

You can have a dependent care FSA because that does not conflict with health savings. You can also have a limited FSA for dental, vision and a few others things. I believe the limit is partly determined by the spouse's salary that is lower. So will my wife be able to contribute $6,900 for a family ...
by vk_217
Wed Oct 31, 2018 6:03 pm
Forum: Personal Investments
Topic: HSA and DCFSA
Replies: 13
Views: 735

Re: HSA and DCFSA

What does the DCFSA have to do with your PPO? I don't know, that is what I am trying to figure out.I was under the impression that I cannot have a FSA when my wife's plan has a HSA.I am hearing DCFSA for the first time and its been offered by my employer for the first time as well so was not sure i...
by vk_217
Wed Oct 31, 2018 3:57 pm
Forum: Personal Investments
Topic: HSA and DCFSA
Replies: 13
Views: 735

HSA and DCFSA

I was covered by my wife's HDHP with HSA plan from her employer with a deductible of 2500 (individual)/5000 (family). We recently (10/16) became parents of a beautiful baby girl.I want to opt for health insurance for my daughter,me from my employer and wanted to know If my daughter qualifies for a D...
by vk_217
Tue Oct 09, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 554
Views: 47947

Re: Talk me out of buying a Tesla Model 3

I think that this is an easy one. Just google or duck duck go the following on images: "Teslas on fire". That will sort you out. I love the look of the interior, however sitting directly on top of a platform packed full of AA liquid batteries with no apparent thoughts as to fire barriers..............
by vk_217
Mon Oct 08, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 210
Views: 51383

Re: GEICO auto rates vs. USAA: too good to be true?

Not sure if this is good coverage, but I have had GEICO since 2015 and the price for 6 months has always been close to 500 for 6 months for 2 cars.I have looked at others but the rates were atleast 200 extra in the range of 700 for 6 months for the same coverage. Any comments on the coverage? http:/...
by vk_217
Fri Sep 28, 2018 11:26 am
Forum: Personal Investments
Topic: 1 year Agency yield 7.67
Replies: 2
Views: 410

Re: 1 year Agency yield 7.67

Broken Man 1999 wrote:
Fri Sep 28, 2018 11:21 am
ETA: Ah, I see the problem. The maturity date is 10/02/2018!
Oh well, didn't see that.Got excited at the returns.
by vk_217
Fri Sep 28, 2018 11:05 am
Forum: Personal Investments
Topic: 1 year Agency yield 7.67
Replies: 2
Views: 410

1 year Agency yield 7.67

I was looking at Vanguard CDs to invest my emergency fund for short time (1-3 months) and found agencies i.e. Fed Home Ln Discount Nt with an yield of 7.67% for a period of 1 year. I am not familiar with agencies.Anyone invested in it? While the yield % certainly enticing, I am not sure if this is s...
by vk_217
Mon Sep 24, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Buying leased car options
Replies: 2
Views: 299

Re: Buying leased car options

Jack FFR1846 wrote:
Mon Sep 24, 2018 12:26 pm
Ask the dealer if they have financing better than 3%. I once bought a Subaru where they did that so I didn't have to walk 200 yards to my credit union to pick up a check.
4.19% from the dealer.
by vk_217
Mon Sep 24, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Buying leased car options
Replies: 2
Views: 299

Buying leased car options

I am planning to buy my leased Hyundai Sonata SE 2015.The buyout price is $12090 and a dealer in VA ( I am MD resident) is willing to waive off the purchase option fee.Initially I was thinking of using BOA credit card for the full amount and do a balance transfer to AMEX 0% transfer fee and 0% APR c...
by vk_217
Thu Sep 20, 2018 6:51 am
Forum: Personal Investments
Topic: Backdoor Roth IRA
Replies: 8
Views: 1130

Re: Backdoor Roth IRA

I was finally able to work with Fidelity and my company get the 2k+ from my Rollover IRA to my employer 401k. However, there is 32 cents remaining in my Rollover IRA Settlement fund. I wanted to use this account to do a backdoor Roth IRA contribution. What do I do with the 32 cents? Do I go ahead an...
by vk_217
Tue Sep 04, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: US Visitor Health Insurance
Replies: 18
Views: 1098

Re: US Visitor Health Insurance

Having shopped around for just such a thing, I think you are likely to run into two major roadblocks. If you do not mind me asking,which one did you opt for? 1. All of the travel insurance plans for inside the U.S. that I have seen do NOT cover pre-existing conditions. That is my main concern and I...
by vk_217
Tue Sep 04, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: US Visitor Health Insurance
Replies: 18
Views: 1098

Re: US Visitor Health Insurance

Check out https://www.visitorscoverage.com Here you can find comprehensive coverage covering some level of preexisting conditions until certain amount. Good luck! Thanks for the site and I am actually using that to narrow it down to Safe Travels for Visitors to the USA.I wanted to know if anyone ha...
by vk_217
Tue Sep 04, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: US Visitor Health Insurance
Replies: 18
Views: 1098

Re: US Visitor Health Insurance

If they refuse, then the cost should be "on them". At the least, they should allow their "hosts/hostesses" to purchase that coverage for them (?). RM They are not refusing it and I am buying whether they refuse or not.I just need some suggestions from folks who have bought travel insurance in US fo...
by vk_217
Tue Sep 04, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: US Visitor Health Insurance
Replies: 18
Views: 1098

Re: US Visitor Health Insurance

I need insurance recommendations for relatives visiting US for 75 days.What insurance should I buy that would cover pre-existing conditions like high blood pressure? If I need to take them to ER or Urgent care,what are the things that I need to be aware? Male: 71 Years with blood pressure Female: 6...
by vk_217
Tue Sep 04, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: US Visitor Health Insurance
Replies: 18
Views: 1098

US Visitor Health Insurance

I need insurance recommendations for relatives visiting US for 75 days.What insurance should I buy that would cover pre-existing conditions like high blood pressure? If I need to take them to ER or Urgent care,what are the things that I need to be aware? Male: 71 Years with blood pressure Female: 65...
by vk_217
Wed Aug 29, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11270

Re: How do you save money on groceries?

My wife likes to shop at Whole Foods exclusively, and after a period of fighting against it, I too have given in few years back. I have no idea how to save other than some prime member deals they started lately, buy 365 store brand, buy only what we need, etc. Our grocery bill usually is $400 per w...
by vk_217
Wed Aug 29, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11270

Re: How do you save money on groceries?

Although I tend to buy the individual rolls. If I bought a 12 pack, it would take up half my panty shelves! You mean Pantry :confused ? Buy in bulk and store somewhere in the house/apt.I once got Brawny two 12 pack pick a size rolls on sale for $5.50,came back to my 700 sq ft 1 bedroom apt,removed ...
by vk_217
Wed Aug 29, 2018 3:26 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11270

Re: How do you save money on groceries?

For example, I like seltzer water. It's more expensive at Costco because I have to buy a name brand instead of a generic at the grocery store. OP, there you go,that is one of the items increasing your grocery bill.Air and water should be free.If you can list most of the items in your grocery list t...
by vk_217
Wed Aug 29, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11270

Re: How do you save money on groceries?

Individual items, I don't notice being higher. Then again, I never tracked the individual prices from week to week. I have, for an example, a rough idea that milk costs me about $2.50 per half gallon (a whole gallon goes bad before I can use it all). But I would be hard pressed to tell you the exac...
by vk_217
Wed Aug 29, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11270

Re: How do you save money on groceries?

For example, I like seltzer water. It's more expensive at Costco because I have to buy a name brand instead of a generic at the grocery store. OP, there you go,that is one of the items increasing your grocery bill.Air and water should be free.If you can list most of the items in your grocery list t...
by vk_217
Wed Aug 29, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11270

Re: How do you save money on groceries?

Aldi, Trader Joes, Lotte Plaza (Asian grandmart),no coupons or waiting for sale. Our monthly grocery bill is < $150 for 2 adults.We cook at home,mostly italian,thai,mexican,mediterranean and indian cuisine. No soda,energy drinks and I have pretty much given up on alcohol.Once in 6 month I might have...
by vk_217
Tue Aug 28, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 247
Views: 18382

Re: Good Non-Boring Boglehead Cars Under $30k

Mazda,Mazda,Mazda. 2 Door: Mazda Miata Manual. Sedan: Mazda 3 Grand Touring Manual. Used: 2015 Mazda 3 Grand Touring S Type Manual. SUV: Mazda CX-5 Grand Touring. Quality interior that matches BMW,Audi.Really fun to drive and great mileage (32mpg combined over 3 years). I got a 2015 Mazda 3 Grand To...
by vk_217
Sat Aug 25, 2018 3:58 pm
Forum: Personal Investments
Topic: Do I have to keep track of contributions?
Replies: 29
Views: 2201

Re: Do I have to keep track of contributions?

Rollover IRAs are not usually involved which is why I asked.
I cannot use a Rollover IRA account to make the backdoor Roth IRA contribution?
by vk_217
Sat Aug 25, 2018 10:35 am
Forum: Personal Investments
Topic: Do I have to keep track of contributions?
Replies: 29
Views: 2201

Re: Do I have to keep track of contributions?

I am doing my first backdoor Roth IRA conversion using Rollover IRA account.What are the tax implications? Do I have to report it next year while filing taxes using form 8606? I suggest you stop and figure out the paperwork (Form 8606) before you do the back door at all. Many people mess it up. The...
by vk_217
Sat Aug 25, 2018 10:03 am
Forum: Personal Investments
Topic: Do I have to keep track of contributions?
Replies: 29
Views: 2201

Re: Do I have to keep track of contributions?

I am doing my first backdoor Roth IRA contribution using Rollover IRA account.What are the tax implications? Do I have to report it next year while filing taxes using form 8606?
by vk_217
Fri Aug 17, 2018 9:52 am
Forum: Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 113
Views: 25112

Re: Who uses the 3 fund portfolio ?

I currently have a 4 fund portfolio Total US Stock, Total Intl Stock, Total Bond market and Megacorp. Megacorp is 60% of my current portfolio and I am working on slowly transitioning these over to the 3 fund portfolio Pardon my ignorance, What is megacorp? I have heard this in 401K related threads ...
by vk_217
Mon Jul 30, 2018 4:14 pm
Forum: Personal Investments
Topic: Backdoor Roth IRA
Replies: 8
Views: 1130

Re: Backdoor Roth IRA

mhalley wrote:
Mon Jul 30, 2018 2:45 pm
A rollover Ira counts for the pro rata rule. If it only has 2k in it, roll it to a Roth and then you can do the backdoor.
Should I just call Fidelity and ask them to roll over the amount to a Roth IRA? Also should I close the Rollover IRA and open a traditional IRA?
by vk_217
Mon Jul 30, 2018 2:41 pm
Forum: Personal Investments
Topic: Backdoor Roth IRA
Replies: 8
Views: 1130

Backdoor Roth IRA

Is it possible for me to contribute to a Roth IRA using backdoor? I've read https://thefinancebuff.com/the-backdoor-roth-ira-a-complete-how-to.html but it only talks about eligibility for folks with traditional IRA,SEP-IRA or simple IRA. Tax status MFJ Both have employer sponsored 401k and max it ou...
by vk_217
Thu Jul 26, 2018 11:11 am
Forum: Personal Investments
Topic: Wash Sale, now what?
Replies: 14
Views: 1250

Re: Wash Sale, now what?

If you sell the shares purchased in the preceding 30 days, then no wash sale, or the wash sale is undone. @livesoft: Are you sure about the before rule or am I missing something obvious? Seems like,my automatic investment within 30 days before the sell caused a wash sale. From wiki The rule defines...