Search found 34 matches

by DinkinFlicka
Sat Nov 16, 2019 7:27 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 161
Views: 10525

Re: Investing $140k in cash at 1k per week

Question: If you had 140k already invested today, would you withdraw all of it in cash now, and slowly reinvest? Or, just leave it? Wouldn't you have to pay capital gains taxes? Its apples to oranges. I interpreted this as if you had a 140K invested at a cost basis of 140K (eg windfall of gifted sh...
by DinkinFlicka
Fri Nov 15, 2019 10:03 am
Forum: Investing - Theory, News & General
Topic: What tools do you use to track your finances?
Replies: 80
Views: 6769

Re: What tools do you use to track your finances?

I used to use Personal Capital but I've since just moved to Google Sheets for asset allocation tracking. I update share counts once a month to get an idea if anything needs attention. Even that might be too frequent, but it's still a lot less checking than when I used Personal Capital. I do miss get...
by DinkinFlicka
Mon Oct 14, 2019 5:21 pm
Forum: Personal Investments
Topic: Transferring American Funds to Vanguard
Replies: 24
Views: 1157

Re: Transferring American Funds to Vanguard

By chance, I learned more about this today via a colleague's situation. American Funds are NOT considered No Transaction Fee (NTF) funds at Vanguard. If you transfer in kind and sell at Vanguard, you may pay up to a $20 fee per fund depending on aggregate Vanguard assets. Over $500,000 fee drops to...
by DinkinFlicka
Mon Oct 14, 2019 12:08 pm
Forum: Personal Investments
Topic: American Funds/Capital Group transfer out fees
Replies: 4
Views: 625

Re: American Funds/Capital Group transfer out fees

Inadvertent bump, but also another question: does anyone know if American Funds requires a medallion signature guarantee for transferring out? Is there a general rule for when it's needed (like if the names don't match on the accounts) or is a firm by firm thing?
by DinkinFlicka
Wed Oct 09, 2019 10:29 pm
Forum: Personal Investments
Topic: American Funds/Capital Group transfer out fees
Replies: 4
Views: 625

American Funds/Capital Group transfer out fees

My parents set up custodial accounts for me at American Funds when I was a minor, one UTMA account and one Roth IRA (for summer jobs). I've finally gone through the process of getting those into my name and now am looking into transferring the accounts in-kind to Vanguard where I do my personal inve...
by DinkinFlicka
Tue Oct 08, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital website?
Replies: 26
Views: 2380

Re: Personal Capital website?

ThereAreNoGurus wrote:
Mon Oct 07, 2019 9:37 pm
Lately I have found Vanguard's marketing to be more annoying than PC's.
Do they send any marketing material directly to you? Maybe it's because I haven't met some threshold, but they only send me emails about brokerage statements and they've never call me.
by DinkinFlicka
Wed Sep 04, 2019 9:09 pm
Forum: Personal Consumer Issues
Topic: Wedding/Engagement Ring Insurance
Replies: 64
Views: 4004

Re: Wedding/Engagement Ring Insurance

We insured my fiancee's ring through Jewelers Mutual. Even though the cost of the ring was low, she's not to used wearing relatively expensive jewelry so the $30/yr was worth the peace of mind. Maybe after a couple years, we'll drop it.
by DinkinFlicka
Tue Sep 03, 2019 11:59 pm
Forum: Personal Consumer Issues
Topic: Rideshare app for NYC?
Replies: 4
Views: 463

Re: Rideshare app for NYC?

I've taken Via a couple times and I think it was cheaper, although I once took it from the airport and the quoted initial price didn't include tolls: https://ridewithvia.com This may not apply to you, but if you are visiting and spending time in Manhattan, the subway is also a very good transit opti...
by DinkinFlicka
Tue Aug 27, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Donation - is stock or cash better?
Replies: 12
Views: 1098

Re: Charitable Donation - is stock or cash better?

mhc wrote:
Tue Aug 27, 2019 10:00 am
There is no tax benefit for donating shares with only short term gains. You only get to deduct the FMV.
Did you mean cost basis instead of FMV? You can deduct FMV minus the short term capital gain, which I think is the same as your cost basis for that stock.
by DinkinFlicka
Sat Aug 24, 2019 1:06 pm
Forum: Personal Consumer Issues
Topic: one month apartment rental in NYC
Replies: 12
Views: 1539

Re: one month apartment rental in NYC

I would also check out the Listings Project . It's a curated weekly newsletter with many different kinds of real estate listings, but typically many short term apartment sublets make it on the list. Here's this week's section on apartment sublets in NYC: https://www.listingsproject.com/newsletter/20...
by DinkinFlicka
Fri Aug 23, 2019 1:54 am
Forum: Personal Finance (Not Investing)
Topic: Provider choosing to bill as out of network
Replies: 43
Views: 3721

Re: Provider choosing to bill as out of network

I see from your other post that this is for PT. They may have therapists that aren't in the network, but it still sounds like a scam. Got the first claim details and EOB. It looks like the provider listed was a specific therapist, not the general provider. This is different than PT I've had in the ...
by DinkinFlicka
Thu Aug 15, 2019 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Provider choosing to bill as out of network
Replies: 43
Views: 3721

Re: Provider choosing to bill as out of network

I'm still not convinced this doctor is in-network. It's not as simple as seeing the doctor's name on the insurance website. I called BCBS and confirmed that the provider was in-network. The provider also told me when I went in for my first visit that they are in-network and are choosing to bill me ...
by DinkinFlicka
Wed Aug 14, 2019 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Provider choosing to bill as out of network
Replies: 43
Views: 3721

Re: Provider choosing to bill as out of network

southerndoc wrote:
Tue Aug 13, 2019 9:50 pm
You verified the provider is in-network?
toofache32 wrote:
Wed Aug 14, 2019 1:15 am
The OP said the provider IS in-network. But I would be interested in how they determined that.
Yes, the provider is in-network. I verified by going to BCBS's website and using the "Find a doctor" search.
by DinkinFlicka
Tue Aug 13, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Provider choosing to bill as out of network
Replies: 43
Views: 3721

Re: Provider choosing to bill as out of network

Typically there is a contract between either the provider or the company that they work for that determines what they are allowed to bill and whether they are in-network or out of network. This sounds extremely fishy to me. My last job I was heavily involved in medical coding and billing and workin...
by DinkinFlicka
Tue Aug 13, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Provider choosing to bill as out of network
Replies: 43
Views: 3721

Provider choosing to bill as out of network

A health care provider I started seeing is an in-network provider. However, at the first visit, they said that they are choosing to bill my insurance as an out of network provider, but I will still only be subject to my in-network deductible and required to pay my in-network copay. I'm supposed to b...
by DinkinFlicka
Fri Aug 02, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Donating Bitcoin to Fidelity DAF
Replies: 16
Views: 1461

Re: Donating Bitcoin to Fidelity DAF

Maybe Vanguard will have a one- or two-day process for moving the money internally into the Giving Account. Please let us know when that occurs. Congratulations on getting the donation made, and on informing Bogleheads about your experience. Final timeline: 07/30 - sent bitcoin to Fidelity Charitab...
by DinkinFlicka
Wed Jul 31, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Bitcoin to Fidelity DAF
Replies: 16
Views: 1461

Re: Donating Bitcoin to Fidelity DAF

Quick update: after submitting the Letter of Understanding, I got a secure message from Fidelity that included a Bitcoin wallet address. I inspected the address and it had no transactions, so I'm guessing they create a unique wallet for each user or contribution. 20 minutes after sending my bitcoin ...
by DinkinFlicka
Tue Jul 30, 2019 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Donating Bitcoin to Fidelity DAF
Replies: 16
Views: 1461

Re: Donating Bitcoin to Fidelity DAF

HUGE RED FLAG. I now understand your concern. You need to be in touch with Fidelity to talk to a human being about this. And whatever they tell you on the phone doesn't trump what's in the written agreement. I asked along the lines of "what's the typical time between sending Fidelity bitcoin and Fi...
by DinkinFlicka
Mon Jul 29, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Bitcoin to Fidelity DAF
Replies: 16
Views: 1461

Re: Donating Bitcoin to Fidelity DAF

You haven’t made a sale and don’t report a sale. Is this holding long term? Gill Yes, the holding is long term. The list is rather long, but nothing on it is surprising to me. That's about half the list. Other topics included required IRS forms and what happens if Fidelity Charitable cannot accept ...
by DinkinFlicka
Mon Jul 29, 2019 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Bitcoin to Fidelity DAF
Replies: 16
Views: 1461

Re: Donating Bitcoin to Fidelity DAF

I don't have experience with Fidelity Charitable, but I do some some limited experience with Coinbase. While I'm all in favor of donating to charity, I'm not sure it'll actually simplify your taxes any. Wouldn't you need to still report the sale on Schedule D/Form 8949 even if you then take a deduc...
by DinkinFlicka
Mon Jul 29, 2019 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Bitcoin to Fidelity DAF
Replies: 16
Views: 1461

Re: Donating Bitcoin to Fidelity DAF

Nobody's responded to the question yet. I don't have any personal experience. OP, if you call Fidelity, could you please update us as to what you find out? Called this morning. The process seems simple enough. They emailed me a Letter of Understanding (I would post it but I can't find it anywhere o...
by DinkinFlicka
Sun Jul 28, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Bitcoin to Fidelity DAF
Replies: 16
Views: 1461

Donating Bitcoin to Fidelity DAF

Has anyone donated bitcoin to Fidelity's DAF? I have a small amount of bitcoin in a Coinbase account and rather than trying to figure out the taxes if I sell, I figured I can use it to reach my charitable goal. In the Fidelity DAF contribution page, it says you have to call in order to donate crypto...
by DinkinFlicka
Thu Jul 25, 2019 10:05 pm
Forum: Personal Investments
Topic: Two jobs, W4 allowances and the top tax bracket
Replies: 7
Views: 743

Re: Two jobs, W4 allowances and the top tax bracket

According to the W-4 instructions, I think you'd use the "Two-Earners/Multiple Jobs" worksheet: https://www.irs.gov/pub/irs-prior/fw4--2019.pdf#page=4
by DinkinFlicka
Wed Jul 24, 2019 11:16 pm
Forum: Personal Investments
Topic: Who has the best (easiest) Donor Advised Fund
Replies: 57
Views: 3048

Re: Who has the best (easiest) Donor Advised Fund

+1 for Fidelity. I opened a DAF there earlier this year and have funded with assets from both Vanguard and Etrade. Their contribution form is simple and has the option to let Fidelity initiate a "pull" from the other brokerage. It says it might take a little longer, but both contributions arrived wi...
by DinkinFlicka
Wed May 22, 2019 8:37 pm
Forum: Personal Consumer Issues
Topic: Amex card + Any tips for US Open tickets?
Replies: 16
Views: 1931

Re: Amex card + Any tips for US Open tickets?

If you happen to be a Chase customer, you can get access to the Chase Lounge. If you end up buying tickets to a day session, the lounge can be a nice cool place to stop by if the sun gets to you.
by DinkinFlicka
Tue May 21, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund Calculator?
Replies: 18
Views: 1165

Re: Donor Advised Fund Calculator?

norwood wrote:
Tue May 21, 2019 3:42 pm
Note that there's a limit of 30% AGI for what you can deduct in one year, so barring other considerations that is the best you can do.
Isn't the 30% AGI limit just for donating long term capital gain? Donating cash has a limit of 60% AGI.
by DinkinFlicka
Sat May 18, 2019 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund Calculator?
Replies: 18
Views: 1165

Re: Donor Advised Fund Calculator?

I don't know of such a calculator, but you could consider bunching a couple years worth of donations into the DAF to itemize this year, and then take the standard deduction for the next few years while you recommend grants out of the DAF.
by DinkinFlicka
Tue May 14, 2019 11:37 am
Forum: Personal Investments
Topic: Fund Fidelity DAF from Vanguard taxable
Replies: 7
Views: 798

Re: Fund Fidelity DAF from Vanguard taxable

I have always initiated at Vanguard and pushed to Fidelity. Interesting, I feel like most advice I've read on BH about transferring between Vanguard and Fidelity Charitable has said to initiate a pull from the Fidelity side. The medallion signature guarantee on the form is misleading and needlessly...
by DinkinFlicka
Mon May 13, 2019 10:31 pm
Forum: Personal Investments
Topic: Fund Fidelity DAF from Vanguard taxable
Replies: 7
Views: 798

Fund Fidelity DAF from Vanguard taxable

Hello, I'm looking to start a Fidelity DAF account for charitable contributions this year. After going through the demo application on Fidelity Charitable's website, I had a couple questions about funding from mutual funds in my Vanguard taxable account: Funding the Fidelity DAF online doesn't let y...
by DinkinFlicka
Sun May 12, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Getting money to Ally
Replies: 12
Views: 631

Re: Getting money to Ally

I would also feel more comfortable depositing at a physical location (as opposed to mailing it) and then moving the money electronically, especially if you already have the transfer relationship set up between Wells Fargo and Ally. Also worth noting that a couple six-figure checks might put you abov...
by DinkinFlicka
Tue Apr 30, 2019 7:02 pm
Forum: Personal Investments
Topic: Recharacterizing excess Roth contributions
Replies: 1
Views: 147

Recharacterizing excess Roth contributions

Due to an income increase, I've realized that I'm going to be entirely ineligible to contribute to a Roth IRA for this year. However, I've already contributed $1600 to my Roth IRA. I was planning on: Recharacterizing the $1600 to a Traditional IRA Convert the $1600 back into the Roth IRA as soon as ...
by DinkinFlicka
Wed Apr 17, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 35133

Re: [2018 tax return - How does it compare to previous years?]

Single both years. Compared to 2017:

Moved to 24% bracket from 28%
AGI: +6.1%
Taxable Income: +8.7%
Total Tax: -3.0%
by DinkinFlicka
Sun Mar 24, 2019 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Chicagoland Bogleheads, please help! (Homebuying)
Replies: 29
Views: 2483

Re: Chicagoland Bogleheads, please help! (Homebuying)

Is Wheaton or Glen Ellyn feasible? Anecdotally speaking from within the decade, District 89 is good (specifically Glenbard South or West). It might not have the same amenities as the larger Naperville or Hinsdale schools, but there were plenty of AP classes, good teachers, and extra curriculars. It'...
by DinkinFlicka
Tue Apr 18, 2017 8:52 pm
Forum: Personal Investments
Topic: Advice on 401k at new job and moving investments
Replies: 4
Views: 831

Advice on 401k at new job and moving investments

Hi there, I just started a new job and am not really sure what to do about my old 401k (as well as pick funds for my new 401k). This seemed like a good time to also get advice on my investments as a whole. Emergency funds: 6 months in Ally Online Savings Debt: None Tax Filing Status: Single Tax Rate...