Search found 5 matches

by Kensington
Thu Aug 01, 2019 7:11 am
Forum: Personal Investments
Topic: 529 Question
Replies: 3
Views: 396

Re: 529 Question

The IRS has a helpful FAQ about 529s and it says there are no tax consequences for changing the beneficiary to another family member. Here's the link, and I'll post the relevant excerpt below that. https://www.irs.gov/newsroom/529-plans-questions-and-answers Q. Each 529 plan account has one designat...
by Kensington
Wed Jul 31, 2019 2:45 pm
Forum: Personal Investments
Topic: Buying Amazon Stock
Replies: 28
Views: 3914

Re: Buying Amazon Stock

Just throwing out another option— Stockpile. You buy stocks in dollar amounts, not shares. (So if you want to invest $100 in Amzn, you could buy a fractional share). Trades cost .99. It’s pretty basic, meant mainly for young investors. I’ve bought through Stockpile, but never sold. I also was going...
by Kensington
Wed Jul 31, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: any numismatists (coin collectors) out there?
Replies: 22
Views: 2816

Re: any numismatists (coin collectors) out there?

A few years ago I sold my dad's coin collection to Suzzanne Johnson at https://www.coinappraisal.org/. I'm going to disagree with prior posts that say that a dealer won't look at individual coins. Suzzanne set up a video chat appointment with me using my iphone, gave me instructions for how to get o...
by Kensington
Wed Jul 31, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Does the cost of children actually go down once the daycare comes off the books?
Replies: 35
Views: 2125

Re: Does the cost of children actually go down once the daycare comes off the books?

The costs of children go down after daycare unless you choose to spend that money on other child-related things. My childcare spending has been like this (I rounded to the nearest $1k) 2011: $13,000 (1 infant) 2012: $11,000 2013: $13,000 2014: $23,000 (1 infant, 1 toddler) 2015: $16,000 2016: $16,00...