Search found 170 matches

by nolapepper
Fri Jan 22, 2016 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to avoid a wash sale with VTI
Replies: 18
Views: 1508

Re: Any way to avoid a wash sale with VTI

I would say Better be safe than sorry. If in doubt, assume that spouse 401k applies as well.
by nolapepper
Wed Jan 20, 2016 1:54 pm
Forum: Investing - Theory, News & General
Topic: Why are REITs not providing any benefit in this market?
Replies: 45
Views: 6417

Re: Why are REITs not providing any benefit in this market?

I have 5% REIT in my IRA, not sure what to do. Bought at the peak. :(
by nolapepper
Wed Jan 20, 2016 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Cash-on-the-sidelines thread
Replies: 39
Views: 5517

Re: Cash-on-the-sidelines thread

I don't understand about this timing issue. Timing market all the time is wrong and that I can understand, but if you know the market is going to tank, isn't it reasonable to hold the cash for a while? Isn't it reckless to dump all the cash you have when you know the market is unstable?
by nolapepper
Tue Jan 19, 2016 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvest review.
Replies: 23
Views: 1884

Re: Tax loss harvest review.

What was the dollar amount of your dividends? - $497.54 What is your marginal income tax bracket? - 15% for 2016 Roughly how much realized loss would you create if you sold now? – $5,712.52 Thank you for helping with this. I studied a lot on this site but am still confused. This is more complicated ...
by nolapepper
Tue Jan 19, 2016 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvest review.
Replies: 23
Views: 1884

Re: Tax loss harvest review.

Sorry I was not clear. I was not saying I will create a wash sale. I was trying to say that the dividends will not be qualified as the funds have not been hold for 60 days. Is that right? If I sell it today, what will happen to the dividends if they are not qualified? The dividends were sent to me v...
by nolapepper
Tue Jan 19, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvest review.
Replies: 23
Views: 1884

Re: Tax loss harvest review.

Thanks for this post. I totally forgot about dividend! I was going to TLH again from VTIAX to VFWAX but this post made me realize that I might not be able to do that today. TLHed from VTIAX to VFWAX on 8/24/15 exchanged back to VTIAX on 12/15/15 dividend on 12/18/15 Because of the dividend, I should...
by nolapepper
Fri Jan 15, 2016 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Cash-on-the-sidelines thread
Replies: 39
Views: 5517

Re: Cash-on-the-sidelines thread

I have a large cash position too, about 30%. It was from my husband's business sale. I don't know what to do as DH's uncertain future. I put half in 5 year CD, another half just sit there (for the next two years' expense if DH income stops). If I see a sale, I would buy some. I bought 10K total stoc...
by nolapepper
Thu Jan 14, 2016 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Do you wait until there is a loss to switch back to original fund after TLH?
Replies: 23
Views: 1348

Re: Do you wait until there is a loss to switch back to original fund after TLH?

I switched back Total Stock because that is a preferred fund for me. Also I bought a little bit more on the dip with extra cash in hand. If it drops again, I either hold it or TLH to 500.

This year I will be in the 15% tax bracket, it is not that favorable for TLH anyway, right?
by nolapepper
Thu Jan 14, 2016 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone treat each of their accounts separately?
Replies: 24
Views: 2805

Re: Does anyone treat each of their accounts separately?

I think it is better to treat everything as a one portfolio. I did it separately and thought it would be fine to just evenly choose funds and allocate accordingly. When I put everything together, I found that I could actually use all my current 401K with TIAA and use the whole amount for the fixed i...
by nolapepper
Thu Jan 14, 2016 11:53 am
Forum: Investing - Help with Personal Investments
Topic: I chose to reinvest to fund, but received a check for the dividend
Replies: 9
Views: 829

Re: I chose to reinvest to fund, but received a check for the dividend

I emailed them and they responded yesterday and admitted that it was a system mistake. They said I can call in and reinvest the check but I feel like it is such a hassle. I want to just deposit it in my bank. Would that mess up anything like cost basis?
by nolapepper
Thu Jan 14, 2016 11:15 am
Forum: Investing - Help with Personal Investments
Topic: My timing [stinks]!
Replies: 29
Views: 3643

Re: My timing sucks!

I feel your pain. I was the same. Invested REIT at its peak and now it is under water. Also invested in July and then again on Jan 5. First I felt really guilty for losing hard earned money. Now I learned to look at the other way: I just missed a dip to make a little more profit. I am still on the r...
by nolapepper
Thu Jan 14, 2016 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Do you wait until there is a loss to switch back to original fund after TLH?
Replies: 23
Views: 1348

Do you wait until there is a loss to switch back to original fund after TLH?

I exchanged Total Stock to Large value in August for TLH. I want to switch from VLCAX back to VTSAX for the sake of simplicity. Now my VLCAX total gain is down to $128, is it a good time to switch back?

Do you all wait until it is red to switch back?
by nolapepper
Wed Jan 13, 2016 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question: when you buy stock with money transferred from bank, what price do you pay?
Replies: 2
Views: 503

Newbie question: when you buy stock with money transferred from bank, what price do you pay?

Is it the price when you made the purchase (the end of day price) or the price when the money is transferred over and the transaction is actually completed (a few days later)?

I noticed it varies in my account but not sure if it is because transferred funds from Fidelity.
by nolapepper
Tue Jan 12, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Should I contribute to my Roth IRA as scheduled or not?
Replies: 2
Views: 451

Should I contribute to my Roth IRA as scheduled or not?

I usually contribute the whole $5500 Roth IRA at the beginning of the year. I did it on January 5, and then of course, the market went down the second day. Luckily I did not process my husband's contribution this year yet. Now I am wondering what I should do, buy now to take advantage of the lower p...
by nolapepper
Thu Jan 07, 2016 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: I chose to reinvest to fund, but received a check for the dividend
Replies: 9
Views: 829

I chose to reinvest to fund, but received a check for the dividend

I just received a dividend check for my Total International fund. I chose to reinvest to fund (PMM) and it did reinvest the dividend in June. Why did it send a check instead this time? Is is a possible mistake or something different for year end (which I doubt)? I emailed them today but want to chec...
by nolapepper
Fri Dec 18, 2015 1:27 pm
Forum: Personal Consumer Issues
Topic: Should I just give my wife (folded) money?
Replies: 76
Views: 11200

Re: Should I just give my wife (folded) money?

a piece of jewelry, scarf, ladies never have enough of those. Just get a style or a color she does not have yet.
by nolapepper
Tue Dec 15, 2015 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to still pay yourself after selling the company?
Replies: 10
Views: 941

Re: Does it make sense to still pay yourself after selling the company?

Thank you so much for the detailed explanation. The LLC is treated as sole proprietor on a Schedule C and he is paid via W-2 wages.
by nolapepper
Tue Dec 15, 2015 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to still pay yourself after selling the company?
Replies: 10
Views: 941

Re: Does it make sense to still pay yourself after selling the company?

if it is taxed one way or the other, then it makes sense to max out his simple IRA, right? At least have more in the retirement account. Also, it can reduce our AGI, right?
by nolapepper
Tue Dec 15, 2015 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to still pay yourself after selling the company?
Replies: 10
Views: 941

Re: Does it make sense to still pay yourself after selling the company?

He sold the Franchise gym, but his company is still there (LLC). It is simple IRA $15500 for 2015. He has already contributed about half.
by nolapepper
Tue Dec 15, 2015 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to still pay yourself after selling the company?
Replies: 10
Views: 941

Does it make sense to still pay yourself after selling the company?

My husband sold his Franchise gym in September. He still has his LLC company registered. He stopped paying himself since May, and therefore he is not maxing out his Simple IRA (max is $15500 for 2015). I am wondering if it is beneficial to us to cut a paycheck for December, just enough to max out hi...
by nolapepper
Tue Dec 15, 2015 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: VTIAX having a terrible year [Vanguard Total International Stock Admiral]
Replies: 24
Views: 4042

Re: VTIAX having a terrible year [Vanguard Total International Stock Admiral]

VFWAX is considered as NOT substantially identical as VTIAX for wash sale purposes. A lot of people exchanged from VTIAX TO VFWAX. I did the same, and I will switch it back today.
by nolapepper
Wed Dec 09, 2015 11:22 am
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 103
Views: 12115

Re: How to learn a second language

One thing I would suggest is that to learn a new language, start it from where your interest is. For example, if you like gardening, learn vocabulary from there, maybe find a french gardening forum, watch french gardening shows, read french gardening books, and etc. It is much better than using the ...
by nolapepper
Tue Dec 08, 2015 1:34 pm
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 103
Views: 12115

Re: How to learn a second language

You can also utilize all kinds of free apps on your phone.

The best way, though, is to make native speaker friends and talk to them daily or at least weekly.
by nolapepper
Fri Dec 04, 2015 12:13 pm
Forum: Investing - Theory, News & General
Topic: Teaching investment theory to a child
Replies: 30
Views: 1957

Re: Teaching investment theory to a child

I was trying to teach my son about investing and I heard about fake money and the google virtual invest account. However, I was not able to find it.

Anyone has a link to the site where you can create an account with fake money to invest?
by nolapepper
Mon Nov 30, 2015 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest After Roth IRA Maxed Out
Replies: 4
Views: 758

Re: Where to Invest After Roth IRA Maxed Out

we did simple ira with vanguard and it is super easy to set up and maintain.
by nolapepper
Mon Nov 23, 2015 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $300 bonus for opening account
Replies: 64
Views: 17517

Re: Chase $300 bonus for opening account

Just remember to report the bonus when you file tax. I did not receive anything from chase so I totally forgot about it. IRS just mailed me a letter informing me of the interest report. Is it because I signed up for paperless statement that I did not receive 1099? I guess I need to dig them out onli...
by nolapepper
Mon Nov 23, 2015 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: helping oversea friends paying clients online - any issues?
Replies: 13
Views: 1095

Re: helping oversea friends paying clients online - any issues?

The students are overseas and the tutors are in the US. I am not sure how the students pay him, maybe cash or credit card. I am reimbursed by cash or check for the past few months. First I was just helping him paying temporarily until he sorts things out. Now it seems that he wants to depend on me t...
by nolapepper
Mon Nov 23, 2015 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: helping oversea friends paying clients online - any issues?
Replies: 13
Views: 1095

Re: helping oversea friends paying clients online - any issues?

you are right. Even though right now they are good college students, who knows what trouble they might get into in the future. I will look into paypal setup from overseas as well.

Thanks for all the input.
by nolapepper
Mon Nov 23, 2015 10:10 am
Forum: Personal Finance (Not Investing)
Topic: helping oversea friends paying clients online - any issues?
Replies: 13
Views: 1095

helping oversea friends paying clients online - any issues?

I have a friend who has an online tutoring business and need to pay US student tutors monthly. The payment ranges from $20 - $300 and monthly total is between $1000-$3000, possibly grow more in the future. I had to use my personal bank of America account to make these online transfers. I am getting ...
by nolapepper
Sun Nov 15, 2015 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Wait to buy index funds in taxable account until Jan 2016?
Replies: 9
Views: 1937

Re: Wait to buy index funds in taxable account until Jan 2016?

Well, I had a similar situation earlier this year. I followed the advice to get in ASAP in July, and as of now I have not recovered from the August and September big loss. Not only that, I did not have the extra money to buy more at the big dips. If I could do it again, I would at least DCA. Yeah, y...
by nolapepper
Thu Nov 05, 2015 11:02 pm
Forum: Personal Consumer Issues
Topic: Who do you listen to? (Podcast, etc)
Replies: 48
Views: 10969

Re: Who do you listen to? (Podcast, etc)

I listen to podcast all day long while I am walking, driving, cooking, showering, gardening... Fast way to learn and efficiently make use of time for a busy working parent. InvestED with Phil Town and Dannielle Town is great. It is a father daughter show. The financial advisor father tiring to teach...
by nolapepper
Mon Oct 26, 2015 10:28 pm
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 407
Views: 69246

Re: Do you think Ric Edelman is correct, never pay down mortgage

It is hard to decide. My mortgage rate is only 2.375%. We sold our business and the proceeds are just enough to pay off the mortgage. While it is very attractive to think we can be debt free and have a peace of mind, we feel safe to have extra fund around. If we pay off the mortgage, we would worry ...
by nolapepper
Wed Oct 21, 2015 2:49 pm
Forum: Investing - Theory, News & General
Topic: Disappearing account on Vanguard
Replies: 19
Views: 2764

Re: Disappearing account on Vanguard

I have reported an error at Vanguard earlier this year. When I rolled over my roth ira from Fidelity, Vanguard messed up the percentage of the asset allocation. So instead of 25% bonds and 65% stock, they did the opposite. They did switch it back a week or so after I reported. If you google vanguard...
by nolapepper
Tue Oct 20, 2015 9:24 pm
Forum: Personal Consumer Issues
Topic: Consumer items that are worth the initial investment?
Replies: 110
Views: 16593

Re: Consumer items that are worth the initial investment?

Homedics shiatsu massager! My best friend for the last decade. Saved me hundreds of physical therapy costs

Electric high pressure cooker - saved lots of time

Earth wise Electric tiller

Shape Up sneakers - no problem walking for 6 hours

iPhone and Bluetooth earbuds - must have for podcast
by nolapepper
Tue Oct 13, 2015 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 165
Views: 25596

Re: What do you guys do on the side?

we do our own yard, landscaping, veggie gardening, house cleaning, kid tutoring. This should save a few thousand dollars. Down here in the south, you have to cut grass every week pretty much all year long. In summer sometimes twice a week. We have a big yard and it costs $100 per week if we would hi...
by nolapepper
Fri Oct 02, 2015 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional and Rising Interest Rates
Replies: 60
Views: 9261

Re: TIAA Traditional and Rising Interest Rates

Thanks for the heads up. I am so glad that I found this website and started to learn about investing. Before that I did not even choose TIAA traditional. Now I have all my 403b on this fund and TIAA REIT. What percentage do you all use for these two funds? REIT seems to have a very good and steady g...
by nolapepper
Fri Oct 02, 2015 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Uncertain future, where should I park the future expense?
Replies: 2
Views: 393

Re: Uncertain future, where should I park the future expense?

Thank you, castanea_d, I will confirm with the bank if early withdrawal amount affect the whole CD. It makes sense to me to just put everything into a CD right now until new business is more stable. Avoiding "borrowing from self" is a good reminder too. You might consider splitting the sum...
by nolapepper
Fri Oct 02, 2015 10:45 am
Forum: Personal Finance (Not Investing)
Topic: when to pay tax after selling a business?
Replies: 4
Views: 521

Re: when to pay tax after selling a business?

Thank you for your advice! The first business was sold in two parts - about half goodwill and half inventory. The second one is still in progress and we are thinking to do installment sale or settle in January to reduce 2015 income. The sale structure should be the same.
by nolapepper
Fri Oct 02, 2015 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Uncertain future, where should I park the future expense?
Replies: 2
Views: 393

Uncertain future, where should I park the future expense?

My husband just sold his small business. The proceeds can last us maybe 4 years based on our current annual expense. He is starting a new business with a partner but we are not sure when and how much money he is going to bring home. If the new business does not make enough after two years, then he w...
by nolapepper
Thu Oct 01, 2015 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: when to pay tax after selling a business?
Replies: 4
Views: 521

when to pay tax after selling a business?

We sold our small business recently. We co-owned at first with a partner and later we separated. This business then became our own. The sale price is a little lower than the purchase price. Our account first told us that we need to pay tax first before we can transfer the money to our personal accou...
by nolapepper
Mon Sep 28, 2015 9:25 pm
Forum: Investing - Theory, News & General
Topic: Should You Buy On The Dips?
Replies: 45
Views: 5197

Re: Should You Buy On The Dips?

If you happen to have some money at hand, and you plan to invest it anyways, buying on a dip is buying on sale, why not?That is not market timing, right?
by nolapepper
Mon Sep 28, 2015 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Another TLH question
Replies: 6
Views: 641

Re: Another TLH question

It will be a wash sale for that dividend paid.
by nolapepper
Mon Sep 28, 2015 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Amex: Security Annoyances
Replies: 92
Views: 11355

Re: Fidelity 2% Amex: Security Annoyances

No wonder! My card was declined last week because I made two purchases at the same time (one for myself and one for school). I did not have time to call at that time and had to use a different card.
by nolapepper
Mon Sep 28, 2015 2:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard updates frequent-trading policy
Replies: 60
Views: 8142

Re: Vanguard updates frequent-trading policy

I just got off the phone with Vanguard. The new 30 day policy only applies to transactions occurred after the new policy is in place. So for those who did TLH in August, then the 60-day policy still applies.
by nolapepper
Fri Sep 04, 2015 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Rewards checking accounts as investments
Replies: 49
Views: 3438

Re: Rewards checking accounts as investments

That was at a local bank in New Orleans six years ago. They do not have it anymore. and where did you find the 3% and 5%? I have been using reward checking for 6 years. $25k@4.25% for each account. 12 transactions. It is easy. Set 8 auto bills and buy 4-5 lunch There were a couple of times I miss on...
by nolapepper
Thu Sep 03, 2015 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: 49 at a crossroads and seeking investment advice
Replies: 22
Views: 3416

Re: 49 at a crossroads and seeking investment advice

Why not working a few more years to have more financial security since you seem to be a little concerned about future financial situation. 55 is still so young. If you don't like your job, find something you like and still make some money.
by nolapepper
Thu Sep 03, 2015 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Rewards checking accounts as investments
Replies: 49
Views: 3438

Re: Rewards checking accounts as investments

I have been using reward checking for 6 years. $25k@4.25% for each account. 12 transactions. It is easy. Set 8 auto bills and buy 4-5 lunch There were a couple of times I miss one transaction, so that month I will not have the 4.25% rate, but it goes back up after 12 transactions. If I remember, I w...
by nolapepper
Thu Sep 03, 2015 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: How do I deal with this wash sale?
Replies: 2
Views: 326

How do I deal with this wash sale?

I just found out that I had a wash sale. It was not done in the recent TLH this month, but was created back in July when I did not have much knowledge of fund exchange. In July I exchanged some Total Stock -VTSAX to Total International- VTIAX, without realizing that this transaction involved gain/lo...