Search found 19 matches

by jediclampet
Thu Aug 01, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: stock price not updating
Replies: 6
Views: 13310

Re: stock price not updating

Thank you! I bought this OTC stock in my Vanguard account and the price has not updated since I bought it last week. And when I look up the stock price and look at the chart on on Yahoo Finance, Vanguard, ETRADE, CNBC, etc., the chart stops at July 24 and the stock price has not been updated. I wonder why?
by jediclampet
Thu Aug 01, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: stock price not updating
Replies: 6
Views: 13310

stock price not updating

I recently bought stock in Sino Biopharmaceutical Limited (SBMFF) but the price has not updated since July 24. Any idea as to why?
by jediclampet
Sat Jan 23, 2016 9:01 pm
Forum: Personal Investments
Topic: cost basis
Replies: 5
Views: 466

Re: cost basis

Haha, yes I opened my first brokerage account with ETRADE because they had a funny commercial during NFL games, But later I opened an account with Vanguard. 8-)
by jediclampet
Sat Jan 23, 2016 8:54 pm
Forum: Personal Investments
Topic: cost basis
Replies: 5
Views: 466

Re: cost basis

Thanks livesoft. This particular taxable account is with ETRADE. Years ago I seem to recall asking their customer service department about Tax Lots and I thought they said only First in First Out was available. Is that possible? I guess I should ask again.
by jediclampet
Sat Jan 23, 2016 8:35 pm
Forum: Personal Investments
Topic: cost basis
Replies: 5
Views: 466

cost basis

I realize this is a silly newbie questions but here goes...

In a taxable account, suppose I cost average into a mutual fund (e.g., VSCGX) with several purchases per year and reinvest dividends. If I sell after many years, will computing the cost basis and capital gains tax be tedious?
by jediclampet
Thu Aug 06, 2015 7:07 am
Forum: Personal Investments
Topic: stock shares in estate
Replies: 6
Views: 678

stock shares in estate

Hello,

I am posting this question on behalf of my family. My Grandmother passed away last year. She has owned shares of Boeing (BA) for over 40 years. She had 11 children, so now the shares need to be distributed to her heirs. One idea was to sell the shares and evenly divide the proceeds. But I suspect selling the shares would require paying substantial capital gains tax, so I wonder if there is a way to roll over the shares into an estate account and distribute the shares to her heirs without selling. Any advice would be appreciated. Please let me know if I need to provide any more information.
by jediclampet
Tue Feb 11, 2014 6:18 pm
Forum: Personal Consumer Issues
Topic: backing out of home purchase
Replies: 22
Views: 2765

Re: backing out of home purchase

Keep in mind your "previous employer" will never, ever trust you again, since you left once and apparently leveraged that in to a bigger offer. So, unless the former employer is offering an iron clad and very lucrative deal - I would highly suggest thinking twice before leaving your current employer. And, giving up the earnest money. I will be taking a position in a different department, but I did previously collaborate with these people and they know from experience that I do much better work than my replacement. They also know I had a very good reason for leaving since my former supervisor abused me badly. I did not intentionally leverage it into a bigger offer (why would I start this thread about wanting to back out of a home ...
by jediclampet
Tue Feb 11, 2014 6:13 pm
Forum: Personal Consumer Issues
Topic: backing out of home purchase
Replies: 22
Views: 2765

Re: backing out of home purchase

Luke Duke wrote:
jediclampet wrote:But I just found out that there is a very good chance that my previous employer will make me an attractive job offer in another city. Are there any major consequences to backing out of the home purchase? For example, will it damage my credit rating?
Will your previous employer's offer include relocation and closing costs on a new home? Will they buy your old home, if you close before you get the offer?
Yes, relocation costs are covered. No, they wouldn't buy my old home.
by jediclampet
Mon Feb 10, 2014 7:29 pm
Forum: Personal Consumer Issues
Topic: backing out of home purchase
Replies: 22
Views: 2765

backing out of home purchase

I recently moved to Houston to take a new job. Due to the exorbitant rent, I decided to have a home built for a reasonable price just outside of the city. I paid $2000 earnest money and made arrangements for a 15 year loan. A few weeks ago I locked in the interest rate and I am supposed to close on the home at the end of the month.

But I just found out that there is a very good chance that my previous employer will make me an attractive job offer in another city. Are there any major consequences to backing out of the home purchase? For example, will it damage my credit rating?
by jediclampet
Fri Nov 22, 2013 8:13 pm
Forum: Investing - Theory, News & General
Topic: A recommended portfolio
Replies: 20
Views: 2630

Re: A recommended portfolio

You have to use 0.1% rebalancing bands for the portfolio to function correctly.
by jediclampet
Sun Nov 10, 2013 1:33 am
Forum: Personal Finance (Not Investing)
Topic: LA State Income Tax incorrectly withheld after move to TX
Replies: 27
Views: 4108

Re: LA Sate Income Tax incorrectly withheld after move to TX

This raises an interesting question. If OP's employer reports on the W2 Louisiana income that is higher than is true (ie he was living in TX at the time he earned it) will he get away with reporting less on his LA tax return? Louisiana is rather aggressive in assuming you are leaving temporarily and call you a resident, even when you are not living there. To avoid being taxed by LA, the key is to make sure his W2 is filed correctly. In other words, OP, you need to worry about your W2, not about your withholding. I would further make sure you change all of your recorded addresses, register to vote,get a TX drivers license, sell your LA property, etc. Banish all trace of LA and become Texan. Getcha some of em pointy boots. So I should try to...
by jediclampet
Sat Nov 09, 2013 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: LA State Income Tax incorrectly withheld after move to TX
Replies: 27
Views: 4108

Re: LA Sate Income Tax incorrectly withheld after move to TX

I wouldn't advise making a stink with the employer on this as it could get worse. As long as the extra LA withholding has stopped, it has stopped. And if the employer has paid LA already, they "ain't" getting it back nor making the effort to. This happened to me once and I simply got a larger refund because more was withheld. No big deal in a time of zero short term interest rates. And on $1700 it is meaningless. True, but you have to make sure you inform the employer anyway since they have to make sure that the LA income is correct on the W2. If it is a larger employer that has a presence in LA anyway, they would probably do this automatically since it is just an offset on the quarterly payments they already may be making. For a...
by jediclampet
Sat Nov 09, 2013 10:07 am
Forum: Personal Finance (Not Investing)
Topic: LA State Income Tax incorrectly withheld after move to TX
Replies: 27
Views: 4108

Re: LA Sate Income Tax incorrectly withheld after move to TX

bberris wrote:You will have to file a LA tax return anyway. Withholding does not determine how much tax you pay or where you live. You can get a tax refund the same way everyone else does.
So you are saying the ~$1700 will be included on my LA state income tax return, so I don't need to have my employer reimburse me?
by jediclampet
Sat Nov 09, 2013 9:36 am
Forum: Personal Finance (Not Investing)
Topic: LA State Income Tax incorrectly withheld after move to TX
Replies: 27
Views: 4108

LA State Income Tax incorrectly withheld after move to TX

In April, I accepted a position in TX while living in LA. I started working remotely for the first couple of months but then I moved to TX to work onsite. I recently noticed that the employer was still withholding LA taxes even though I'd lived in TX for over 5 months and I'd changed my address in the employers computer system. (Yes, my fault for being so slow to notice.) TX has no state income tax.

When I notified the payroll department, they said they'd fixed the problem so that LA taxes will no longer be withheld. But I paid over $1700 in LA taxes while living in TX. How do I get reimbursed? Do I go through my employer or the IRS?
by jediclampet
Mon Jan 28, 2013 9:48 pm
Forum: US Chapters
Topic: Anyone in the New Orleans area?
Replies: 39
Views: 16653

Re: Anyone in the New Orleans area?

I am in Metairie!
by jediclampet
Mon Dec 31, 2012 10:03 am
Forum: Personal Investments
Topic: open traditional IRA?
Replies: 16
Views: 2425

Re: open traditional IRA?

I found that article while browsing the Business section of Google News yesterday.
by jediclampet
Sun Dec 30, 2012 8:24 pm
Forum: Personal Investments
Topic: open traditional IRA?
Replies: 16
Views: 2425

Re: open traditional IRA?

Bob's not my name wrote:
jediclampet wrote:I know April 15, 2013 is the last day to contribute for 2012 but I read that the traditional IRA account must have been opened (created) by close of business on December 31, 2012.
Not true. Where are you getting that?

From here:
http://chicagophoenix.com/2012/12/30/to ... a-or-both/

"...you can still contribute to a traditional IRA for 2012. All you have to do is have the account opened by close of business Dec. 31."
by jediclampet
Sun Dec 30, 2012 6:02 pm
Forum: Personal Investments
Topic: open traditional IRA?
Replies: 16
Views: 2425

Re: open traditional IRA?

Thanks for your reply. I apologize for the ambiguity. Your opening sentence is incorrect. You can contribute to a 2012 IRA -- Roth or traditional -- up until April 15 2013. I know April 15, 2013 is the last day to contribute for 2012 but I read that the traditional IRA account must have been opened (created) by close of business on December 31, 2012. Also, you can't contribute to a traditional IRA if you've already maxed a Roth IRA. Not clear if you have, since "I already have had a Roth IRA (since 2011)" is ambiguous in at least two ways. Yes, I have already maxed my Roth IRA contribution for 2012. So the maximum contribution ($5000 for 2012 and $5,500 for 2013) includes traditional and Roth IRA combined? If so, I will max out th...
by jediclampet
Sun Dec 30, 2012 4:20 pm
Forum: Personal Investments
Topic: open traditional IRA?
Replies: 16
Views: 2425

open traditional IRA?

I just learned that tomorrow is the last day to open a traditional IRA if I want to contribute for 2012.

I am 42 years old. I already have had a Roth IRA (since 2011) and I have a 401K via my employer (current balance is $72,000). I also have $27,000 invested in a taxable account. My current annual income is $94,000. I am single with no dependents.

Should I open a traditional IRA?