Search found 169 matches

by invstar
Mon Nov 30, 2020 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 372
Views: 26379

Re: H&R Block 2020 software offer

I bought federal only edition yesterday on Amazon for 17.50. Is there anyway I can upgrade to today's price of federal + state. Thanks.
invstar wrote: Sun Nov 29, 2020 7:40 pm Bought from Amazon for 17.50. I will use state's online tax filing site to file my state taxes.
by invstar
Sun Nov 29, 2020 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 372
Views: 26379

Re: H&R Block 2020 software offer

Bought from Amazon for 17.50. I will use state's online tax filing site to file my state taxes.
by invstar
Mon Nov 23, 2020 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: $50 statement credit offer for BoA Premium Rewards card
Replies: 19
Views: 1309

Re: $50 statement credit offer for BoA Premium Rewards card

This one is new. I too had received the $50 statement credit back in July but today I logged in to my BOA account after seeing whodidntante's post and saw the offer again... Thanks whodidntante, I haven't been using the boa card nor accessing the online account site.. This showed up when I logged in...
by invstar
Mon Nov 16, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

Thanks a lot! My question is: What if I make 65k ST gains next year? Will I be able to use my 65k carry over ST to offer this capital gain next year OR will I be able to use 3k only? Choosing to make a STCG implies you have control, so can choose to avoid it. Why would you want to avoid a STCG? For ...
by invstar
Mon Nov 16, 2020 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Pay off/down house ? Frozen in indecision.
Replies: 23
Views: 1092

Re: Pay off/down house ? Frozen in indecision.

You have posted here and have been thinking about it, which means you want to pay it off and be done with it. Just pay off that money and work on rebuilding that EF. I have paid of my loan last week (around 50k balance) and feel very happy about it. It saves me around $1200 and I am not sure I will ...
by invstar
Sat Nov 14, 2020 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

You can use the full loss ONLY in the year recognized. Do you have $25K in gains you need to offset? ...maybe from selling high to rebalance? ...from selling individual stock shares? If any of the loss carries over, it's used at $3K/yr. See second quoted text here: https://www.bogleheads.org/forum/...
by invstar
Sat Nov 14, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

I don't have any gains yet. All I have is a realized balance total of 65k in ST losses... Are the losses realized or unrealized? You have no positions with unrealized gains at all now? What months did all the trades take place? 40k from last year were during Feb and March of 2019 (shares of a pharm...
by invstar
Sat Nov 14, 2020 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

I've checked with grabiner on the wording and he agrees that my understsand of the IRS netting rules, indirectly linked to above, is more complete. He was answering a different question at the time and I misunderstood his answer to be all-inclusive. My bad. So I have something correct to point othe...
by invstar
Sat Nov 14, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

So my question is - if I buy and sell stocks in 2021 and make 65k in ST capital gains, will it offset the ST loss and my resultant capital gains tax will be 0 (and no carry forward balance of losses/gains)? Assuming no 2020 capital gains, $3k of your 2019 capital loss carryforward will offset $3k o...
by invstar
Wed Nov 11, 2020 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

tj wrote: Wed Nov 11, 2020 3:45 pm Did you generate this loss from Tax Loss Harvesting?!?
tj, No. Please see my response above. The losses were from selling individual stocks and options ... Made some bad decisions and screwed up my portfolio ... :oops:
by invstar
Wed Nov 11, 2020 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

You can use the full loss ONLY in the year recognized. Do you have $25K in gains you need to offset? ...maybe from selling high to rebalance? ...from selling individual stock shares? If any of the loss carries over, it's used at $3K/yr. See second quoted text here: https://www.bogleheads.org/forum/...
by invstar
Wed Nov 11, 2020 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Re: Short Term Capital Loss Carry Forward

Thank you all for your responses.
by invstar
Wed Nov 11, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Short Term Capital Loss Carry Forward
Replies: 32
Views: 1750

Short Term Capital Loss Carry Forward

I had 43k short term capital loss last year (2019) and have $25k short term capital loss this year (2020). Used 3k ST loss for 2019 tax deduction. So, I assume 43k - 3k + 25k = 65k will be carried over to next year. I know I will be able to use 3k every year to offset my tax income using this ST los...
by invstar
Tue Oct 20, 2020 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 372
Views: 26379

Re: H&R Block 2020 software offer

Thanks BogleTaxPro.. This is good info. Thanks for the details and links.. I pay arounf $125 - $150 every year to file my taxes. For example, this year I have paid $130 ($80 federal and $30 for state) to TurboTax to file my 2019 returns online. I used the premier level to report capital losses in 20...
by invstar
Tue Oct 20, 2020 11:39 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2020 software offer
Replies: 372
Views: 26379

Re: H&R Block 2020 software offer

This is good info. Thanks for the details and links.. I pay arounf $125 - $150 every year to file my taxes. For example, this year I have paid $130 ($80 federal and $30 for state) to TurboTax to file my 2019 returns online. I used the premier level to report stocks capital losses in 2019 ($3k deduct...
by invstar
Mon Aug 03, 2020 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: CapitalOne Venture would not forgive annual fee
Replies: 37
Views: 2557

Re: CapitalOne Venture would not forgive annual fee

My capital one venture card's renewal is by end of this month. I called to cancel (or ask if they could waive the annual fee). But the automated voice system asked for the reason and when said "close credit card"), my card got cancelled immediately. No live person or any other interaction...
by invstar
Mon Aug 03, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: CapitalOne Venture would not forgive annual fee
Replies: 37
Views: 2557

Re: CapitalOne Venture would not forgive annual fee

My capital one venture card's renewal is by end of this month. I called to cancel (or ask if they could waive the annual fee). But the automated voice system asked for the reason and when said "close credit card"), my card got cancelled immediately. No live person or any other interaction....
by invstar
Sun Jul 12, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: new BoA Premium Card benefit
Replies: 101
Views: 11767

Re: new BoA Premium Card benefit

I think I mis-understood it as one credit per statement. Thank you. Limit one (1) statement credit per account. I just read the email again and looks like this offer is available for every month/statement period. Does it mean we can get $50 per every statement? Based on what? Mine explicitly says &q...
by invstar
Sat Jul 11, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: new BoA Premium Card benefit
Replies: 101
Views: 11767

Re: new BoA Premium Card benefit

I just read the email again and looks like this offer is available for every month/statement period. Does it mean we can get $50 per every statement?
by invstar
Thu Jul 09, 2020 3:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21209
Views: 2877961

Re: U.S. stocks in free fall

Did a lump-sum deposit of 160k yesterday. Hope it comes back by Monday. :oops:
by invstar
Mon Jun 29, 2020 7:56 am
Forum: Personal Investments
Topic: How safe is Vanguard Short-Term Federal Fund
Replies: 7
Views: 1019

Re: How safe is Vanguard Short-Term Federal Fund

Thank you all. Very useful information.
by invstar
Sun Jun 28, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 707
Views: 165611

Re: Bank of America/Merrill Edge - Preferred Rewards

I have 150k sitting in a bank savings account (not BoA). I also have a Roth IRA account at Vanguard with around $30k balance and my wife has a trad IRA with a a balance of around $30k. The total will be above 200k. Will it allow us utilize the bonus offer if we open a joint checking account? I alrea...
by invstar
Sun Jun 28, 2020 10:30 am
Forum: Personal Investments
Topic: How safe is Vanguard Short-Term Federal Fund
Replies: 7
Views: 1019

How safe is Vanguard Short-Term Federal Fund

As all the savings accounts/CDs are offering very low interest rates now, I am considering moving my money into VSGBX / VSGDX (admiral / investor shares of Vanguard Short-Term Federal Fund). I see that above 90%+ of assets of invested in government funds/assets. This fund is 30-day SEC yield right n...
by invstar
Wed Jun 17, 2020 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652595

Re: Refinance Mega Thread

Is it worth paying off mortgage if you have cash available? I have 280k mortgage remaining and have around 150k cash in a bank account that's paying around 1%. My 15year term mortgage rate is 2.5%. I want to payoff 75k now towards my mortgage. Do you think it's a good idea? I don't think I can get a...
by invstar
Mon Jun 15, 2020 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9321
Views: 652595

Re: Refinance Mega Thread

Hi tuck, My current loan rate is 2.5 (15 year) and I am 4 years into it with around 285k left. I got 2.25% rate from better.com but their closing cost is too high (around 12k). What was your closing cost. Thanks. these rates are starting to get insane. Started at a UWM broker, had LenderFi beat them...
by invstar
Sat May 23, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Update: Chase never lets you down when respecting account opening bonuses. They let me down. I forget what the precedent was, as it was a few years ago, but I was pretty sure I met all the requirements yet they found a reason to deny me my bonus, and even after hearing their argument I thought they...
by invstar
Sat May 23, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Update:

I have received my bonus of $1000 last week. They deposited the bonus on the 93rd day of account opening and exactly 90th day from the day I deposited 75k. Chase never lets you down when respecting account opening bonuses. Thanks everyone for sharing their experiences before.
by invstar
Sun Apr 26, 2020 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1751
Views: 257395

Re: Fidelity as a one stop shop

Hi Kevin, As VMSXX yield has been dropping daily, today I have switched to VWSTX (Short-Term Tax-Exempt Fund) with yield around 1.86%. Do you think this is a good fund from safety point of view. I have put $75k into it and I am planning to keep it there for few more months. Could you please let me ...
by invstar
Wed Apr 22, 2020 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1751
Views: 257395

Re: Fidelity as a one stop shop

Kevin, The VMSXX 7 day SEC yield still shows as 2.78%. Is it dropping? I just transferred 75k from VUSXX to VMSXX. VMSXX yields better even after the yield goes down but I'm not sure if the risk is worth. Thanks. If you look at the "what's happening to muni MM fund yields" thread I link t...
by invstar
Sun Apr 19, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

My followup note is that Chase Bank paid my bonus on around day 91 after taking them up on the offer by upgrading the checking account. It was also about day 82 (not 90+) after new money added (in my case to YouInvest) first cleared the $75k bar. While I don't think this was baiting a trap, neither...
by invstar
Sun Apr 19, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

My followup note is that Chase Bank paid my bonus on around day 91 after taking them up on the offer by upgrading the checking account. It was also about day 82 (not 90+) after new money added (in my case to YouInvest) first cleared the $75k bar. While I don't think this was baiting a trap, neither...
by invstar
Sun Apr 19, 2020 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus check - Help?!
Replies: 17
Views: 2188

Re: Stimulus check - Help?!

Similar situation but I had received refund in 2018 to my bank account by direct deposit. Haven't filed 2019 yet. But I had closed my bank account that used for direct deposit for 2018 refund an year ago. The GET PAYMENT site status says that money has been sent to that account (Checked few minutes ...
by invstar
Sun Apr 19, 2020 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

My followup note is that Chase Bank paid my bonus on around day 91 after taking them up on the offer by upgrading the checking account. It was also about day 82 (not 90+) after new money added (in my case to YouInvest) first cleared the $75k bar. While I don't think this was baiting a trap, neither...
by invstar
Sat Apr 04, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1751
Views: 257395

Re: Fidelity as a one stop shop

Thanks Kevin and indexfundfan..
by invstar
Fri Apr 03, 2020 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1751
Views: 257395

Re: Fidelity as a one stop shop

Kevin, The VMSXX 7 day SEC yield still shows as 2.78%. Is it dropping? I just transferred 75k from VUSXX to VMSXX. VMSXX yields better even after the yield goes down but I'm not sure if the risk is worth. Thanks. The 2.78% you see is the average over the past 7 days. Since the rate is falling, the ...
by invstar
Fri Apr 03, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1751
Views: 257395

Re: Fidelity as a one stop shop

Kevin, The VMSXX 7 day SEC yield still shows as 2.78%. Is it dropping? I just transferred 75k from VUSXX to VMSXX. VMSXX yields better even after the yield goes down but I'm not sure if the risk is worth. Thanks. If you look at the "what's happening to muni MM fund yields" thread I link to...
by invstar
Mon Mar 30, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: Fed could buy stocks
Replies: 23
Views: 1245

Re: Fed could buy stocks

So will they sell them later? When would that be?
by invstar
Sat Mar 21, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Thanks 02nz. I will try to call my local branch account manager and check with him. Did you complete 90 days and receive the bonus yet? Has anyone got any updates on their Sapphire account bonus? 1. I was told that the overall balance (checking+savings+investment account in YouInvest) count towards ...
by invstar
Fri Mar 20, 2020 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Has anyone got any updates on their Sapphire account bonus? 1. I was told that the overall balance (checking+savings+investment account in YouInvest) count towards the 75k balance limit. I moved my money from sapphire checking to VUSXX fund in YouInvest. This should be fine right? 2. $25 monthly fi...
by invstar
Thu Mar 19, 2020 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Thanks. Does everything look OK so far? I am assuming that I will be eligible if I continue my accounts this way for 2 more months (a total of 90 days since the money addition), I should be receiving my bonus. Please let me know if I am missing anything. It looks fine to me, but I only know the gene...
by invstar
Wed Mar 18, 2020 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Thanks Seasonal. I did the following steps: - Upgraded existing regular checking account to Sapphire (They also converted my savings into premier savings) at my local branch. They said the offer is applicable in my scenario. - Moved 75k+ from another bank into Sapphire Checking account (the one upgr...
by invstar
Wed Mar 18, 2020 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Has anyone got any updates on their Sapphire account bonus? 1. I was told that the overall balance (checking+savings+investment account in YouInvest) count towards the 75k balance limit. I moved my money from sapphire checking to VUSXX fund in YouInvest. This should be fine right? 2. $25 monthly fin...
by invstar
Wed Feb 19, 2020 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

I had opened the regular chase checking and savings accounts and received bonus around 6 months ago. I was planning to close my account since it’s 6 months already. Now I am thinking of either upgrading it to sapphire to get $1000 bonus or close current account and opening new sapphire account. My ...
by invstar
Wed Feb 19, 2020 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

For those with any experience with doing this, what is the best/easiest way to close the account? Downgrade it to the basic checking account which has a $1500 minimum, pull out all money except $1500, then call, secure message, or go to a branch to the close the account and they'll give you the res...
by invstar
Mon Feb 17, 2020 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

For those with any experience with doing this, what is the best/easiest way to close the account? Downgrade it to the basic checking account which has a $1500 minimum, pull out all money except $1500, then call, secure message, or go to a branch to the close the account and they'll give you the res...
by invstar
Tue Feb 04, 2020 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

I had opened the regular chase checking and savings accounts and received bonus around 6 months ago. I was planning to close my account since it’s 6 months already. Now I am thinking of either upgrading it to sapphire to get $1000 bonus or close current account and opening new sapphire account. My q...
by invstar
Mon Feb 03, 2020 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 170
Views: 25776

Re: Chase Sapphire checking 1000$ offer

Seasonal, I am planning to open chase sapphire account as well. Can we buy new vanguard bond funds (admiral preferably). My plan is to move $75k from my current bank which is paying 1.75% to Chase Sapphire and move most of it into a VG municipal bond fund (VWIUX) in You Invest. Is it possible to do ...
by invstar
Fri Jan 31, 2020 8:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21209
Views: 2877961

Re: U.S. stocks in free fall

abuss368 wrote: Fri Jan 31, 2020 6:55 pm Stay the course with asset allocation and tune out the market noise. None of us will know what the future holds.
:thumbsup
by invstar
Fri Jan 24, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21209
Views: 2877961

Re: U.S. stocks in free fall

I added 100k lump sum and it's down 1% already. I have been waiting to add that amount and was thinking like - the moment I add, the market will go down... I think I am a good market timer :shock: :( :oops: