Happened to me last year. Apparently one of the multiple asset type funds had a minuscule real estate investment trust component and it takes awhile for all the end of year costs / profit to get sorted out with those.
Happened to me last year. Apparently one of the multiple asset type funds had a minuscule real estate investment trust component and it takes awhile for all the end of year costs / profit to get sorted out with those.Sounds like you are in group 3--complicated financial portfolio. https://investor.vanguard.com/investor-resources-education/taxes/investment-tax-forms
Can someone explain something to me.. I've seen this a few times..
What is that big downward spike in the graph? Did someone misprice the sale so there was a temporary dip or is that the calls/ puts being exercised or is it something else?
@FelixDeCat - I don't know but I can guess. Low liquidity. So somebody who really wanted to sell and sell a lot had to go deep into the open orders.
But it bounces right back since that was a one time trade and they cleared most of the open orders.
Another gigantic company, TSLA, had an awful day. You can see VWAP did not save this one:
I'm still rocking an AMD Phenom II X6 from 2010. Quicken hates this machine. Has a TV tuner card in it that no longer can get signals in my current houseI love Windows....7 and 10.❤️
Win 11 can go jump in the lake. 🤬
I'm still using Win 10 and will be forced to upgrade my 2700k processor from 2012 this October.
And I am perfectly happy with my Sandybrige CPU.
It is pretty simple to show that the advantage is large even if your tax rate in retirement is the same.I've recently been debating the true value of maxing out a 401k. Yes, you get a tax deduction that year but when you eventually withdraw the funds you are taxed at regular income taxes. If you instead invested that money in the regular market you'd be taxed far less at the long term rate when you sold it.
Many people with both 401k accounts and the money to invest in them are in the higher tax brackets. The idea is to get the tax savings now when your tax rates are high, and then withdraw later when you are at a low (or even 0%) tax bracket. But, as tax rates have been cut over and over through the years, the value of the 401k has been dropping.I've recently been debating the true value of maxing out a 401k. Yes, you get a tax deduction that year but when you eventually withdraw the funds you are taxed at regular income taxes. If you instead invested that money in the regular market you'd be taxed far less at the long term rate when you sold it.
Here is an example, @bookem dano . Suppose in 2025 you are single and make $50k after deductions (meaning your income was at least $65k since the standard deduction is $15k for single filers). Suppose you do have those capital gains that you talk about in the regular market. Then you'd be at a 15% long term capital gains tax bracket. Meaning, you'd pay 15% tax on all your long term market gains this year.3) Tax deferments now often qualify you for things that you wouldn't otherwise be eligible for. Think of anything with an income limit. If you are just above that limit, put a bit more into the 401k, and BAM you are under the limit. This could be massive savings depending on the circumstances.
Only for the first few dollars of long term capital gains. After that, you're right back in the 15% bracket.Here is an example, @bookem dano . Suppose in 2025 you are single and make $50k after deductions (meaning your income was at least $65k since the standard deduction is $15k for single filers). Suppose you do have those capital gains that you talk about in the regular market. Then you'd be at a 15% long term capital gains tax bracket. Meaning, you'd pay 15% tax on all your long term market gains this year.
Now suppose you pop $2k extra into a 401k. Your income is now $48k. That puts you into the 0% long-term capital gains bracket (single filers with under $48,350 income after deductions). Bingo, all long-term capital gains are tax free this year for you just for putting extra into the 401k.
The more that you max out the 401k, the more it opens up more doors like that one.
Another reason for diversification. TSLA eats it and KO is there to make up for it. All in all, just chugging along with another modest up day.Another gigantic company, TSLA, had an awful day.
What I've seen is saying the tariffs on steel and Al will slow down manufacturing in the industries that use them. I would think construction would be the hardest hit. Going by the older tariffs, job loss can be 75x downstream for the jobs created in the steel industry.We HAD been on a nice rate cutting glide path, but that is somewhat questionable at this point.
The Fed is going to have to see what effects the tariffs have and, more importantly, the extent of those effects.
The one thing that we DO know is that they won't be good since these tariffs aren't, mostly, geared to any specific industries. The steel and aluminum ones might be useful, but we'll see.
Higher prices don't do anyone any good. As I've said before, this is just a game Trump is playing so that he can justify cutting taxes. It's unfortunate that he has majorities in both houses. But those folks aren't stupid, especially in the House.What I've seen is saying the tariffs on steel and Al will slow down manufacturing in the industries that use them. I would think construction would be the hardest hit. Going by the older tariffs, job loss can be 75x downstream for the jobs created in the steel industry.
True, but it would be hard to have a large capital gain and be under $50k income after deductions. The more capital gains you have the higher your taxable income, and thus the more you'd need to put into the 401k to be in the 0% tax bracket.Only for the first few dollars of long term capital gains. After that, you're right back in the 15% bracket.