Search found 23 matches

by scornovaca
Wed Mar 03, 2021 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Tax-optimizing UTMA accounts
Replies: 10
Views: 672

Re: Tax-optimizing UTMA accounts

Having just done this for two accounts, most of the assertion is correct. Anything under 1100 is not taxable because the standard deduction for dependents without income is 1100. Between 1100 and 2200, long term cap gains and qualified dividend income is not FEDERALLY taxable. Short term gains and n...
by scornovaca
Fri Dec 11, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: 500 Index preferred over Total Market
Replies: 70
Views: 5953

Re: 500 Index preferred over Total Market

Generally always use Total Stock due to the inclusion (albeit small) of small caps (pun intended). For my children's UTMA accounts I use the 500 index for two reasons: 1) No capital gains distributions for quite awhile (although Total Stock does this now as well) 2) all the dividends are fully quali...
by scornovaca
Fri Nov 13, 2020 2:18 pm
Forum: Personal Investments
Topic: Buying Vanguard funds on Merrill Edge
Replies: 11
Views: 508

Re: Buying Vanguard funds on Merrill Edge

Every purchase I believe, doesn't apply to dividend reinvestment. I don't recall if a fee is paid to sell or not -- I haven't had to at ME.
by scornovaca
Fri Nov 13, 2020 2:01 pm
Forum: Personal Investments
Topic: Buying Vanguard funds on Merrill Edge
Replies: 11
Views: 508

Re: Buying Vanguard funds on Merrill Edge

ME would charge a fee of $19.95 for purchasing that fund. I currently hold VBIAX there to maintain enough balance to qualify for Platinum Preferred Rewards.
by scornovaca
Fri Nov 06, 2020 3:00 pm
Forum: Personal Investments
Topic: Tax gain harvesting partner fund
Replies: 12
Views: 768

Re: Tax gain harvesting partner fund

I'm a Pinnacle customer and have had Vanguard designated as no fee fund family -- the 30 day trading restriction after a sale is in place, at least for VFIAX, at Schwab. Are you certain about this? Vanguard's frequent trading restrictions apply to trades made at Vanguard. How can Vanguard's restric...
by scornovaca
Fri Nov 06, 2020 10:59 am
Forum: Personal Investments
Topic: Tax gain harvesting partner fund
Replies: 12
Views: 768

Re: Tax gain harvesting partner fund

Just an update on this, I realized that the largest block of VFIAX with long term gains was sufficient enough to tax gain harvest into VTCLX (Tax Managed Capital Appreciation) so I've decided to use it as the partner to VFIAX. With the run up of late I will actually get pretty close to $2200 in 2020...
by scornovaca
Thu Aug 27, 2020 10:15 pm
Forum: Personal Investments
Topic: Tax gain harvesting partner fund
Replies: 12
Views: 768

Re: Tax gain harvesting partner fund

Thanks for the responses so far. I was hoping to find another fund that usually issued 100% qualified and no capital gains. Some of the other Vanguard funds are so very close but not quite 100% for QDI -- I suppose I'm being too pedantic about it. The idea is to have all QDI and long term capital ga...
by scornovaca
Thu Aug 27, 2020 5:56 pm
Forum: Personal Investments
Topic: Tax gain harvesting partner fund
Replies: 12
Views: 768

Tax gain harvesting partner fund

I'm trying to figure out the best tax gain harvest partner for my twin's UTMA accounts. Currently I have them wholly invested in the Vanguard 500 fund. I chose this fund due to the fact that it doesn't distribute capital gains (at least in recent years) and the dividends distributed are typically 10...
by scornovaca
Thu Jun 13, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: UGMA Tax Efficiency
Replies: 9
Views: 1596

Re: UGMA Tax Efficiency

There is no need to wait to re-buy for tax gain harvesting -- you have to do so for tax loss harvesting because you get a specific tax benefit, gain harvesting doesn't in and of itself. If possible I would recommend the Vanguard S&P 500 as it has not distributed capital gains for many years due ...
by scornovaca
Fri May 24, 2019 9:37 am
Forum: Personal Investments
Topic: Kids accounts: Vanguard Total World Stock
Replies: 36
Views: 3847

Re: Kids accounts: Vanguard Total World Stock

I would recommend using just the vanilla S&P 500 fund for this purpose. UTMA/UGMA accounts are still taxable and you need to take that into account. For 2019 up to $1100 of income is tax-free, so when the account values are relatively low you can use pretty much any fund(s). However, as you appr...
by scornovaca
Tue Feb 07, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve - reg 300 travel credit
Replies: 5
Views: 986

Re: Chase Sapphire Reserve - reg 300 travel credit

It should credit immediately once the charge is posted, I'm assuming that it's still in pending status. I haven't had to call into customer service to get the credit applied.
by scornovaca
Fri Sep 16, 2016 12:44 pm
Forum: Personal Consumer Issues
Topic: Where Do BHs Register Business Web Domains?
Replies: 26
Views: 2374

Re: Where Do BHs Register Business Web Domains?

I have my 30+ domains at namecheap.com. Never had any issues, and yes you can redirect the domain to any URL of your choice. thank you very much do you now if the new domain may be actually used as the main URL for that already existing site? I mean, so that when people type the new name the URL na...
by scornovaca
Fri Sep 02, 2016 9:55 am
Forum: Personal Consumer Issues
Topic: Email Service Provider
Replies: 41
Views: 4253

Re: Email Service Provider

OP: On the topic of picking an email provider, my suggestion would be to spend 5 minutes thinking about & prioritizing the Top X things that are important to you and down select from that. Yeah, I am beginning to see the advantages of leaving things as they are. Also, I have MANY people, places...
by scornovaca
Tue Jul 26, 2016 7:57 am
Forum: Personal Consumer Issues
Topic: I need an awesome tech backpack. Any recommendations?
Replies: 22
Views: 3504

Re: I need an awesome tech backpack. Any recommendations?

I have a GORUCK GR1 and have been very happy with it for almost 4 years. It has military-type "molle" webbing on the outside and inside. Whatever kind of pockets you want can be added with the webbing. Small/big pockets, drink holders, camera/lens pockets, you name it. Molle is a standard...
by scornovaca
Fri May 20, 2016 5:41 pm
Forum: Investing - Theory, News & General
Topic: Best way to buy VT for 1 year old Nephew?
Replies: 11
Views: 1715

Re: Best way to buy VT for 1 year old Nephew?

if you're only buying a few shares, the tax issue won't be a big deal for the parents. the first $1k of dividends and cap gains distributions are not taxable. the next $1100 are taxable at the childs rate, and only after $2100 does the dreaded kiddie tax arrive, when tax is paid at the parents marg...
by scornovaca
Fri Apr 29, 2016 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Question
Replies: 15
Views: 1833

Re: Chase Sapphire Question

prudent wrote:The bonus is a true "bonus" - on top of whatever points you earn.
Don't forget about the 5k bonus for adding an authorized user.
by scornovaca
Fri Apr 29, 2016 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 95
Views: 32705

Re: Charles Schwab Checking + Brokerage Account

Does Schwab allow you to easily open a 2nd checking account like some of the other online banks? For what it's worth, I have a single and joint account with Schwab Bank, the second account just required paperwork. One note, however, is that Bill Pay is not linked to a single account, it is linked t...
by scornovaca
Thu Apr 28, 2016 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking + Brokerage Account
Replies: 95
Views: 32705

Re: Charles Schwab Checking + Brokerage Account

Does Schwab allow you to easily open a 2nd checking account like some of the other online banks? For what it's worth, I have a single and joint account with Schwab Bank, the second account just required paperwork. One note, however, is that Bill Pay is not linked to a single account, it is linked t...
by scornovaca
Tue Mar 29, 2016 8:25 am
Forum: Personal Consumer Issues
Topic: Can I stream music to a wifi speaker in another city?
Replies: 20
Views: 3546

Re: Can I stream music to a wifi speaker in another city?

We have a Sonos speaker at work. It's used to play from Pandora and is controlled by the app on one guy's iPhone. When the guy leaves work and goes home 40 miles away, the Sonos keeps playing uninterrupted and will continue to do so all night if it is not manually shut off. No one can figure out ho...
by scornovaca
Sat Nov 28, 2015 3:48 pm
Forum: Personal Consumer Issues
Topic: Cutting the cord - Netflix or Hulu?
Replies: 50
Views: 5491

Re: Cutting the cord - Netflix or Hulu?

For an extra $4 a month you can have Hulu without commercials. I did this and love it.
by scornovaca
Thu Jul 26, 2012 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best online bank for quality service
Replies: 91
Views: 10782

Re: Best online bank for quality service

Charles Schwab High Interest checking has everything you need: [...] Unlimited ATMs anywhere in the world No international fees Mobile and mail check deposit A second vote for Schwab. No account fees. You can use any ATM and they refund up to $10 in ATM fees, anywhere, per month. Deposit checks usi...
by scornovaca
Sat Dec 05, 2009 2:04 pm
Forum: Personal Consumer Issues
Topic: Pandora.com
Replies: 34
Views: 6431

Now I'm intrigued- what would be an example of deeply embarassing music? That's from XKCD number 668. The "title" tag in the HTML includes information you can see if you hover over the image. In this case it says: What? Oh, no, the 'Enchanted' soundtrack was just playing because Pandora's...
by scornovaca
Thu Jan 03, 2008 2:53 pm
Forum: Investing - Theory, News & General
Topic: The Core Four
Replies: 320
Views: 233348

Rick, Do you consider the REIT portion of the 'Core Four' to be US only? Just yesterday my 401(k) added an international REIT index option based on the FTSE EPRA/NAREIT Global Rental ex US Index. Would an equal split between the US and the Internaltional indexes be appropriate for the REIT portion? ...