Search found 150 matches

by teelainen
Thu Aug 22, 2019 10:35 pm
Forum: Personal Investments
Topic: 1031 exchange to DST, anybody?
Replies: 6
Views: 807

Re: 1031 exchange to DST, anybody?

I did a 1031 to 2 properties + DST to cover the boot. This main issue I had was choosing a sponsor/project to put the money into. The investment brokerage selling the DST had many offerings and I found it difficult to make an informed decision on which investment to pick. All of them have rosy pro ...
by teelainen
Thu Aug 22, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Tax question about "Temporary 100 percent expensing for certain business assets (first-year bonus depreciation)"
Replies: 7
Views: 272

Re: CPA Tax question about "Temporary 100 percent expensing for certain business assets (first-year bonus depreciation)"

I believe “predecessor” here is relevant only where there has been a merger, acquisition, or change in corporate structure. This has nothing to do with the preceding owner of the asset where that prior owner is not a related party. Edit: +1 to livesoft livesoft and ivk5 , Thanks for your great advi...
by teelainen
Thu Aug 22, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Tax question about "Temporary 100 percent expensing for certain business assets (first-year bonus depreciation)"
Replies: 7
Views: 272

Re: CPA Tax question about "Temporary 100 percent expensing for certain business assets (first-year bonus depreciation)"

Yes. Why wouldn’t you? Did you use the car before acquiring it? Obviously, I could not have used the car before I even purchased it. However, read bullet point #1. It talks about the predecessor. So the question is this: Did the predecessor (the car dealership) use the car? What do you think a CPA ...
by teelainen
Thu Aug 22, 2019 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Tax question about "Temporary 100 percent expensing for certain business assets (first-year bonus depreciation)"
Replies: 7
Views: 272

CPA Tax question about "Temporary 100 percent expensing for certain business assets (first-year bonus depreciation)"

In 2018, we purchased a used 5 year-old car (sedan) at a local car dealership. We use it 100% for our business. The IRS has a new rule after September 27, 2017 that allows for the following: Temporary 100 percent expensing for certain business assets (first-year bonus depreciation) The new law incre...
by teelainen
Tue Aug 13, 2019 9:49 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio bullish on China (China market cap to overtake US in 2030?)
Replies: 47
Views: 3623

Re: Ray Dalio seems like China. Is he biased? Or correct?

OP, If it is not safe to invest in China, why should we as an individual investor care about whether China stock market/economy is doing well? It won't matter to us. If the Chinese in China do not believe that it is safe to invest in China, why do you think it is safe for you as a foreigner to inve...
by teelainen
Tue Aug 13, 2019 6:44 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio bullish on China (China market cap to overtake US in 2030?)
Replies: 47
Views: 3623

Ray Dalio seems like China. Is he biased? Or correct?

He recently did a 30 minute long interview where he seems to like China, not just a little but A LOT. Do you think he is biased because his company (Bridgewater Associates) is heavily overweight and invested in emerging markets? Or do you think he is actually correct in thinking that the China stock...
by teelainen
Mon Aug 12, 2019 12:48 am
Forum: Investing - Theory, News & General
Topic: Delaware Statutory Trusts (DST) - Anyone have a good experience with this?
Replies: 0
Views: 131

Delaware Statutory Trusts (DST) - Anyone have a good experience with this?

Has anyone here had a good experience investing in Delaware Statutory Trusts (DST) ? 1. What are some things to be careful about and watch out for? Any tips or advice would be appreciated. 2. Does anyone know a good place to buy Delaware Statutory Trusts (DST) ? 3. What are some of the best types of...
by teelainen
Mon Aug 05, 2019 9:03 am
Forum: Investing - Theory, News & General
Topic: The Super rich are selling stocks...
Replies: 13
Views: 3415

Re: The Super rich are selling stocks...

There is some truth to this article. I know a few investors with net worth over $10 million who sold a large portion of their stocks this summer.

Their AA was about 70/30 or 60/40, but now they are closer to 25/75 or 20/80.
by teelainen
Fri Jul 26, 2019 12:47 am
Forum: Personal Investments
Topic: What to do in a crash
Replies: 65
Views: 6880

Re: What to do in a crash

So I understand that I am in it for 15 years and you lose by selling in a correction or crash. So, in a crash, what do you do? What are the temptations and thought proccess s that occur and what are the mistakes commonly made? It seems straightforward. Don’t sell no matter what. Don't look at the a...
by teelainen
Thu Jul 25, 2019 11:20 am
Forum: Personal Consumer Issues
Topic: Does your bank charge fees for personal ACH transfers to other banks?
Replies: 32
Views: 1643

Does your bank charge fees for personal ACH transfers to other banks?

For example, if you transfer money to/from your checking account to another bank (i.e., some other online high-yield savings account), does your bank charge you any fees? My bank just notified me this morning that they will start charging a $3 fee for personal ACH transfers to other banks. Is this n...
by teelainen
Thu Jul 25, 2019 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Any good free money promotions from a bank or brokerage this month? (July 2019)
Replies: 7
Views: 1170

Any good free money promotions from a bank or brokerage this month? (July 2019)

Has anyone seen a better promotion than this one? If so, can you please share it with the group? Marcus Bank (Goldman Sachs) is giving you $500 free if you deposit $50,000 into their online savings account (which is yielding 2.15% APY per year). You just need to leave the money there for 90 days. Do...
by teelainen
Wed Jul 17, 2019 8:39 am
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 123
Views: 11437

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

not entirely sure this type of thread is allowed but figured if it is, it could gain traction. obviously most (all?) of us are relatively risk averse, most especially as it relates to retirement. that said, assuming you have a "fun money" account - an account where, if you lost everything you would...
by teelainen
Wed Jul 17, 2019 8:25 am
Forum: Investing - Theory, News & General
Topic: Is it safe to park cash at Wealthfront's 2.57% cash account ?
Replies: 2
Views: 460

Is it safe to park cash at Wealthfront's 2.57% cash account ?

I have never heard of this company until just now, but apparently they are offering 2.57% APY on their cash account.

Has anyone ever used them before? Are they safe and reliable?

Or can you get 2.57% (or better) elsewhere with a more well-known bank?

Thanks.
by teelainen
Thu Jul 11, 2019 10:38 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?
Replies: 63
Views: 5076

Re: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?

But sometimes the asset allocation of the ultra-wealthy can withstand market crashes a little better. Do you have any basis for this statement? I would propose that a single investment in a 40/60 3-fund or even LifeStrategy Conservative (40/60) would have less drawdown in a crash than the average p...
by teelainen
Thu Jul 11, 2019 6:25 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?
Replies: 63
Views: 5076

Re: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?

I'm glad I discovered this site and the concept of the 3 Fund Portfolio. My question to OP is, why bother with anything besides the 3 Fund Portfolio? Set it and forget it. Live life. I love the 3 Fund Portfolio. But sometimes the asset allocation of the ultra-wealthy can withstand market crashes a ...
by teelainen
Thu Jul 11, 2019 10:00 am
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 3228

Re: VOO vs bonds

I know I am beating a dead horse here BUT I ask you: Do you believe the s&P 500 will beat bonds in the next 10 years? Everyone assumes it will but I can get A+ bonds at 4% and many say the S&P will return 3-4% now as opposed to its historic 6-7% returns. I am going to stick with VOO because there i...
by teelainen
Thu Jul 11, 2019 9:49 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?
Replies: 63
Views: 5076

Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?

Based on this model asset allocation of the ultra-wealthy, it appears that they invest very differently from average investors. 26% - Real Estate 25% - Private Equity 22% - Public Equities 12% - Cash 9% - Fixed Income 5% - Hedge Funds 1% - Miscellaneous 0% - Currencies & Commodities https://i.ibb.co...
by teelainen
Wed Jul 10, 2019 11:54 am
Forum: Investing - Theory, News & General
Topic: Vio Bank 2.52% APY High Yield Online Savings Account - Any good experiences?
Replies: 6
Views: 767

Re: Vio Bank 2.52% APY High Yield Online Savings Account - Any good experiences?

I opened an account with them about a month ago. Smooth process. Their online interface isn't as up to date as say Bank of America or other big banks for that matter but I'm guessing that's how they can offer those good rates lol. A let a few family members know of the bank and they too rolled over...
by teelainen
Wed Jul 10, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: Vio Bank 2.52% APY High Yield Online Savings Account - Any good experiences?
Replies: 6
Views: 767

Vio Bank 2.52% APY High Yield Online Savings Account - Any good experiences?

Has anyone had a good experience with Vio Bank's 2.52% APY High Yield Online Savings Account ? I am thinking about switching away from Ally account, which is only paying 2.10% right now. That 0.42% is a pretty big difference on a larger account balance. Any feedback about this bank would be apprecia...
by teelainen
Wed Jul 10, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1431
Views: 139950

Re: S&P 500 hit 3,000 today

BWildt wrote:
Wed Jul 10, 2019 8:51 am
Thoughts? Reactions?
It doesn't change my investment strategy, but it is definitely something to take notice of. It also makes for a nice conversation topic with my investor friends.
by teelainen
Tue Jul 09, 2019 10:56 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 10851

Re: Pick one: $135,000 rental property or $110,000 in REITs

In case anyone is wondering, this is how the $6,500 net profit is calculated from this $135,000 rental property. The rent is $1,300 per month, so that is $15,600 in gross revenue per year. Here are the costs: $3,500 - Property Taxes. $1,000 - Insurance. $2,500 - Repairs (some years it is much less, ...
by teelainen
Mon Jul 08, 2019 8:04 am
Forum: Personal Investments
Topic: Anyone itching to dabble in crypto?
Replies: 46
Views: 3118

Re: Anyone itching to dabble in crypto?

My boss is heavily vested in crypto and he has shared his views and supporting views of other sources with me. I must say, I am half tempted to dabble in crypto, specifically XRP-Ripple. Anyone else doing it? Have you had the "What ifs" like I am? I probably wouldn't buy any one individual cryptocu...
by teelainen
Mon Jul 08, 2019 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Tax Question about Medicare Part B Premium Amount of $135.50
Replies: 13
Views: 1205

Tax Question about Medicare Part B Premium Amount of $135.50

Let's say that a person over 65 years old is currently collecting $2,000 per month in social security benefits. When the social security benefit payment is made each month, the government deducts $135.50 for the Medicare Part B Premium. So this person is only getting $1,864.50 per month. Question: W...
by teelainen
Wed Jul 03, 2019 6:08 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 10851

Re: Pick one: $135,000 rental property or $110,000 in REITs

Why is everyone fixated on comparing the yields on cost? That’s probably the least relevant metric to look at. What if OP earns $6500 net profit but only has 25% equity? Suddennly that becomes a 19% cash yield not including appreciation or tax benefits. Yeah, people who don’t know how to properly e...
by teelainen
Wed Jul 03, 2019 11:10 am
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 10851

Re: Pick one: $135,000 rental property or $110,000 in REITs

I would say a lot of it depends on whether you want a second, part-time job (or maybe less part-time that you might like depending on the house, tenant, etc.). The current yield on VNQ would mean about $4,300 to $4,400 a year (3.98% on $110,000), so roughly $2,000 less than the net you're talking a...
by teelainen
Tue Jul 02, 2019 11:23 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 10851

Pick one: $135,000 rental property or $110,000 in REITs

Let's say there is a rental property that is worth about $135,000 in its current as-is condition. Right now, this rental property brings in about $6,500 in net profit per year after all expenses are paid for. Is it better to keep this rental property? Or sell it and buy VNQ (Vanguard Real Estate REI...
by teelainen
Fri Jun 28, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Chase Premier Plus Checking - How to earn maximum interest?
Replies: 17
Views: 1409

Re: Chase Premier Plus Checking - How to earn maximum interest?

I opened a you invest account and put $25k in a Muni bond ETF. unclescrooge, which Muni bond ETF did you buy? At the time MUB, and subsequently SUB as rates have dropped. unclescrooge, The 30-day SEC Yield on MUB is 1.87% and Distribution Yield (TTM) is 2.48% The 30-day SEC Yield on SUB is 1.38% an...
by teelainen
Fri Jun 28, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Chase Premier Plus Checking - How to earn maximum interest?
Replies: 17
Views: 1409

Re: Chase Premier Plus Checking - How to earn maximum interest?

unclescrooge wrote:
Sat May 11, 2019 1:30 am
I opened a you invest account and put $25k in a Muni bond ETF.
unclescrooge, which Muni bond ETF did you buy?
by teelainen
Fri Jun 28, 2019 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Chase "You Invest" account - Biggest complaint
Replies: 13
Views: 1463

Re: Chase "You Invest" account - Biggest complaint

My youinvest brokerage account serves the sole purpose of holding a bunch of cash/EF in VMMXX (Vanguard Prime Money Market). It’s basically my savings account. Besides VMMXX (Vanguard Prime Money Market), is there any other money market fund that pays a higher yield? What about FSMXX ? It is paying...
by teelainen
Thu Jun 27, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Chase "You Invest" account - Biggest complaint
Replies: 13
Views: 1463

Re: Chase "You Invest" account - Biggest complaint

They say they do. https://www.chase.com/personal/investments/you-invest/faqs/online-investing From the You Invest FAQs, "Do I earn interest on the cash held in my investment account? close We put all the cash in your investment account in a bank deposit sweep account, which earns interest. You can ...
by teelainen
Thu Jun 27, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Chase "You Invest" account - Biggest complaint
Replies: 13
Views: 1463

Chase "You Invest" account - Biggest complaint

Believe it or not, but Chase pays zero interest if you have cash parked in your "You Invest" brokerage account.

Has anyone else noticed this?

What are you doing with the cash that is parked in your "You Invest" brokerage account?
by teelainen
Wed Jun 26, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: FDIC insured up to $1 million? How is that possible?
Replies: 21
Views: 1757

Re: FDIC insured up to $1 million? How is that possible?

strcmp wrote:
Wed Jun 26, 2019 2:41 pm
They are splitting your assets across 4 banks.
4 x $250k each = $1 million FDIC insurance.
Does anyone know if this is safe?
by teelainen
Wed Jun 26, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: FDIC insured up to $1 million? How is that possible?
Replies: 21
Views: 1757

Re: FDIC insured up to $1 million? How is that possible?

dm200 wrote:
Wed Jun 26, 2019 2:54 pm
Can you cite the exact wording of this advertisement?
Here is the link:
https://www.wealthfront.com/cash

We are trying to decide if we want to transfer our money from Ally Bank (where we are only getting 2.10% APY)
by teelainen
Wed Jun 26, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: FDIC insured up to $1 million? How is that possible?
Replies: 21
Views: 1757

FDIC insured up to $1 million? How is that possible?

There is a bank that is advertising that their accounts are FDIC insured up to $1 million. How is that possible?

I thought the limit was $250,000 ?

The reason I am looking at this bank is because they are offering 2.57% APY on a cash account.

Any insight or tips would be appreciated, thanks.
by teelainen
Tue Jun 25, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property, and trying to calculate the cost-basis
Replies: 3
Views: 485

Re: Selling a rental property, and trying to calculate the cost-basis

Yes, you can treat them as property improvements and add them to your basis. There is no depreciation on those since the tenant moved out right after. You could also treat the AC as a repair but it really does not matter as it would flow to your P&L of the property and then to your accumulated loss...
by teelainen
Mon Jun 24, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property, and trying to calculate the cost-basis
Replies: 3
Views: 485

Selling a rental property, and trying to calculate the cost-basis

Let's say the tenant is still living inside the property in April of 2019 and the air conditioning system breaks. The landlord spends $8,000 to install a new air conditioning system while the tenant is still living inside. Then let's say the tenant moves out in May of 2019. After the property is vac...
by teelainen
Mon Jun 24, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Frugal or cheap?
Replies: 106
Views: 9320

Re: Frugal or cheap?

Are the other homes in your neighborhood also 1,400 square feet? If so, I don't think it is a good idea to have a 2,400 square feet home in a 1,400 square feet neighborhood.
by teelainen
Sat Jun 22, 2019 4:42 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 44
Views: 4507

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

Today's treasury yields could look, 30 years from now, just as attractive as yields from 30 years ago look to us today. Maybe not. But maybe so. Hi Carlos Danger, what would treasury yields need to look like, 30 years from now, in order to be attractive today? Would love to get your viewpoint on th...
by teelainen
Fri Jun 21, 2019 4:43 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 44
Views: 4507

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

Have you considered investing Bogleheads-style? The Bogleheads® Philosophy 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Never try to time the market 5 Use index funds when possible 6 Keep costs low 7 Diversify 8 Minimize taxes 9 Keep it simple 10 Sta...
by teelainen
Fri Jun 21, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 44
Views: 4507

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

The biggest part of the portfolio is long-term treasury bonds. This chart says that 30-year yields were about 9% in mid-1989. So if you put a lump sum in the portfolio in 1989 (and just held it until today), you'd have held 30-year treasuries yielding 9% nominal, each and every year. True, the rein...
by teelainen
Thu Jun 20, 2019 2:26 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 44
Views: 4507

Next 30 Years for Ray Dalio’s All Weather Portfolio?

The Ray Dalio All Weather Portfolio has performed very well these past 30 years with very little volatility. However, interest rates were about 8% if you look back 30 years ago. With current interest rates at about 2%, how do you think his portfolio will do in the next 30 years? For quick reference,...
by teelainen
Wed Jun 19, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 555
Views: 50585

Re: Why are you NOT buying rental properties?

So $800 k vs. $320 k. That is a big difference! Of course there is nothing wrong with putting money into RE ETF earning 8% per year and cash out when you are 65 like everybody else. But, if you want to be wealthy at a young age, you have to start a business or buy rental properties. For me...I am d...
by teelainen
Fri Jun 14, 2019 9:33 am
Forum: Personal Investments
Topic: Just starting out: Help with AA
Replies: 13
Views: 850

Re: Just starting out: Help with AA

Hello everyone, This is my first time posting on this forum, i have been reading alot of posts recently regarding investments. I have read two books on investing: the 3 fund portfolio and the guide to investing. I am a 25 years old and married. We live in Texas and currently have no debt, and no ho...
by teelainen
Fri Jun 14, 2019 8:52 am
Forum: Investing - Theory, News & General
Topic: Should you buy VTSAX or VTI in a taxable account?
Replies: 16
Views: 1790

Re: Should you buy VTSAX or VTI in a taxable account?

lostdog wrote:
Fri Jun 14, 2019 8:39 am
The difference is psychological. If you value simplicity, VTSAX is the way to go. ETF's are slightly more complicated.
Hi lostdog, can you explain how ETFs are more complicated?
by teelainen
Thu Jun 13, 2019 9:49 pm
Forum: Investing - Theory, News & General
Topic: Should you buy VTSAX or VTI in a taxable account?
Replies: 16
Views: 1790

Should you buy VTSAX or VTI in a taxable account?

Should you buy VTSAX or VTI in a taxable account? I have heard different things from different people. I talked to a couple of CPAs and they both said that VTI is better for a taxable account. But then I talked to a very seasoned financial advisor at Edward Jones and he said VTSAX is better for a ta...
by teelainen
Wed Jun 12, 2019 4:52 pm
Forum: Investing - Theory, News & General
Topic: Opening a Robinhood account for fun - Is it worth it?
Replies: 25
Views: 3171

Re: Opening a Robinhood account for fun - Is it worth it?

I opened an account, but never used it and see no point in investing in individual stocks, unless you want to play at being a fund manager and have "play" money to burn. I guess as a hobby, it could be fun, if that is your cup of tea. For me investing isn't a hobby, just a means to an end. I believ...
by teelainen
Wed Jun 12, 2019 2:20 pm
Forum: Investing - Theory, News & General
Topic: Opening a Robinhood account for fun - Is it worth it?
Replies: 25
Views: 3171

Opening a Robinhood account for fun - Is it worth it?

If someone has some extra play money laying around and wants to have some fun buying stocks of individual companies (instead of boring index funds), is Robinhood the best brokerage to do it with? This is for someone who wants to buy individual stocks 1-2 times per month. Or are there better brokerag...
by teelainen
Wed Jun 12, 2019 8:19 am
Forum: Investing - Theory, News & General
Topic: Dividend Reinvestment Plan (DRIP) in a Taxable Account - Good or Bad Idea?
Replies: 5
Views: 831

Re: Dividend Reinvestment Plan (DRIP) in a Taxable Account - Good or Bad Idea?

One example each way- i hold a vanguard ca bond at TD Ameritrade. I reinvest the dividends to save on ticker charges. If you don’t reinvest dividends, then you’ll have to manually make a rebalancing trade, allowing room for behavioral bias to creep in. DEBTINATOR, what do you mean by "save on ticke...
by teelainen
Tue Jun 11, 2019 11:04 pm
Forum: Investing - Theory, News & General
Topic: Dividend Reinvestment Plan (DRIP) in a Taxable Account - Good or Bad Idea?
Replies: 5
Views: 831

Dividend Reinvestment Plan (DRIP) in a Taxable Account - Good or Bad Idea?

For a taxable account, is it a good idea to turn OFF the automatic Dividend Reinvestment Plan?

Wouldn't that make tax tracking easier? (because you won't have as many lots with a different cost basis)

Any other advantages or disadvantages?
by teelainen
Tue Jun 11, 2019 10:46 pm
Forum: Investing - Theory, News & General
Topic: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?
Replies: 23
Views: 2375

Re: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?

If you want to DCA small amounts, you should do it. For me, the small lots have proven to be a nuisance and I've consolidated over the years to make things simpler by getting rid of smaller lots in a variety of ways. I turned off my reinvestment of dividends years ago and made only monthly contribu...