Let's say I make a $1,000 investment into a mutual fund on Jan 1, 2016. On the 1st of every subsequent month through Dec 1, 2016, I contribute an additional $1,000. By end of year, my total purchase price is now $12,000. In the middle of January 2017, Let's say the market value of the fund is now $15,000 and I want to sell. Can someone help explain how capital gains tax would work in this scenario for the $3,000 gain? Some specific questions below the fold. [more inside]
I recently quit my job and started another, with my termination date unfortunately a day before the company purchases shares for an ESPP. So I now have a good chunk of money originally set aside for investing in my (now former) company. Any suggestions what I should do with it? Single-stocks, mutual funds, robo-advisors (e.g. Wealthfront), Roth IRA, index funds? About me: I'm 29, single male, renting, no loans or debts, and make a decent salary as a Silicon Valley medical device engineer, so I'm not pressed for cash or anything and are more open to risk. No need for specifics, just some ideas.
I'd like to get a handle on investing for long-term, stable income. [more inside]
I have about $8K languishing in a 403(b) (similar to a 401(k) but for nonprofits). My current company doesn't have a 401(k). I just opened a Roth IRA, and I was going to rollover the 403(b) to the Roth, but then I realized I'll have to pay taxes on it, so now I'm not sure. Should I open a Traditional IRA in addition to the Roth, and rollover into that instead? [more inside]
I wanted to invest a small amount of money I have lying around into now cheap DAX-Stocks. But I only want to invest in those that got the biggest discount going due to the Brexit, so I don't want to simply buy a DAX-etf. Is there an easy way to get the stock prices of all 30 DAX-Stocks of the last 5 days in a nice .csv or .xml file? Or do I have to manually copy-paste this info? This is also something I want to know for the future, so I can play analyst a little bit. Thanks!
Vanguard provides this handy chart to explain the difference between ETFs and mutual funds. But are there any circumstances where one should prefer to buy directly into a mutual fund rather than an exchange-traded version of the same fund? [more inside]
All the financial advice I see recommends maxing out tax-advantaged retirement accounts, which is what we've started to do. However, we don't know if we'll retire in the US. Should we redirect some of those funds to short-term savings? Snowflakes below. [more inside]
I'll be getting a nice chunk of change fromt the passing of a family member. I'm looking for a little financial advice on what I should do with it. [more inside]
I'm a Canadian in the Bay Area. I don't know if I will eventually return to Canada or remain here in the U.S., and I'm trying to make some fairly simple financial decisions. Who can I talk to about the tax implications of investing in a 401k, buying American index funds, etc? [more inside]
After some moderate success I'm about to take some money out of my business. After catching up on my own personal retirement savings I have enough leftover to do a few things with. My leading two candidates are, first, I can either pay down our house, taking it from a 30 year fixed @ 3.75% (2 years in) to a 15 year fixed at about 3.25%. Option two is to invest the money in either Real Estate or Equities or both. Looking for some armchair financial planning to see if I'm missing something. [more inside]
Finally paid off all my consumer debt and now saving 30% of my take home. Yay! I've been using YNAB and making my way through Frugalwoods, madFIentist, Mr. Money Mustache, JD Roth... for encouragement and best practices. The catch is that I'm a Canadian living in the US for work and I could be here for 2 years or 20 years+ and I think this complicates the savings matter considerably. [more inside]
I’ve just read “The Intelligent Investor”, which lays out a fairly simple investing philosophy. Warren Buffett describes it as “buying dollar bills for 40 cents”. It seems more reasonable than much of what I read in the financial news, and certainly more reasonable than the way people think about investing in the tech world. But the fact that it seems so sensible to me makes me nervous. Its proponents are very confident and it seems like confident people often lose their money. [more inside]
I'm looking to invest a bit of money, and for various reasons, I will be investing in one of the big 5 Canadian Banks (RBC, TD, CIBC, BMO, or Scotia). I've been looking around on the internet, but I've been having a hard time figuring out which one of these five banks is the most ethical in terms of its investment policies. [more inside]
Not really about a specific stock but I'll use NWPX as an example. To clarify what I'm asking I should say I understand the concepts of discounting earnings, voting rights, common stock, diversification etc. but fundamentally I have always scratched my head over what the point of owning this sort of stock is. [more inside]
Which online brokerage service do I open an account with? Who do I use? Scottrade? E-trade? Someone else? [more inside]
My 12 year old is looking to invest money someplace other than in a savings account. The objective is to get the money working harder than in a savings account (and learn about investing). There is about $1000 available to start. I will supplement the investment if a slightly larger startup amount is needed to open an account. This is a long-term investment. [more inside]
I remember a study of individual investor behavior, where making no trades at all gave the best return. I'm almost certain it was a Vanguard study. But I can't find it. Anyone know what I'm talking about?
I've recently been looking into trading financial markets (e.g. forex, shares, etc.) However, my conclusion is that it takes a very long time and a lot of effort to do it right. I could put this effort if need be, but would prefer to focus on my career at this point. I had the thought that it would be nice to find someone who has achieved a degree of success in trading to manage an account for me (i.e. division of labor). But where would one find such a person? [more inside]
Since I graduated a few years ago and started working, I focused on saving money in order to (1) pay down my student loans and (2) use as a down payment for a home. After establishing an emergency fund and starting retirement fund payments, I put half of my savings to the student loans and half in a low interest savings account intended for the down payment (with ~20% in an investment account). Now goal 2 is proving elusive, and I'm wondering what I should do with the money. [more inside]
After reading a bit about efficient market theory and the benefits of lowering your costs via investments such as ETFs (especially over 20+ years), I closed my account with my adviser and sold my existing high MER mutual funds. Now what? [more inside]
My employer is selecting a new financial adviser to run our 401K and I get to serve on the interview committee. My primary objective is to make sure that whoever we select offers a good variety of index funds to choose from (our current 401K offers none and I've been nudging HR about this for a while). But I'm wondering if there are other questions I should be asking too. Each firm being considered already is answering questions about fees, reporting, general investment advice. Any thoughts?
Inflation is ~1.75% and the best savings account I can find is 0.75%, so I'm not even keeping up with inflation. Can I save money in a safe, liquid, way, without accepting a negative real return? [more inside]
I've made good money buying Apple stock on major downturns over the years. I'd like to do this more granularly, but don't have time (or day-trading skills or platform) to relentlessly buy minor downward blips and sell the recoveries. What's the easiest, most convenient, automated and newbie-friendly way to do this? Or, better: is there a way to piggyback on other's efforts (e.g. is there a fund operating according to this same thesis)? [more inside]
I'm looking for a gift for a hard-to-shop-for person, a well-read investment adviser who's a comics nerd. The ideal gift would be a comic book in which Batman is an accountant, written in German. Where can I buy this or something else that this person would really like?
Oil has fallen by more than 50% since July 2014. How can I benefit from that fall, either by: 1. Gas banking - Is there a way I can buy gas at the current low rate and use it later after prices have risen? 2. Buying stock - Either a sector fund through an investment firm like Smith Barney, or buying pieces of stocks individually like through Ameritrade or Sharebuilder? 3. Or some other way? Or should I just buy the cheap gas and enjoy the reduction as long as it lasts?
My wife and I are trying to get our retirement accounts organized and allocated properly. When we're comparing our investment options, how can we be sure that we're taking into account all the costs? [more inside]
I have some money to invest (greater than $10,000). I’d like to gain exposure to the stock market. It seems index funds are a good way to go. Please recommend some specific funds or products which I should look into. FWIW I am in Australia. [more inside]
Any recommendations for (public or private) companies heavily engaged in artificial intelligence products and research? [more inside]
In need of recommendations for a comprehensive financial planner in the DC area. [more inside]
What are your specific investment recommendations for someone who's 25 years old, self-employed (contractor), has $130k in savings and no debt? [more inside]
I'm late to start investing for retirement (early 30s) and don't know where to begin, other than a vague sense I should invest in mutual funds and maybe bonds and eventually real estate. What do I need to know before putting my money somewhere? [more inside]
The small company I work for doesn’t offer a plan for 401k. Basically you go open a 401k plan wherever you like and fund it with whatever you like. [more inside]
I have a sum of about $12,000 of which I will probably need to access about one-half in November and the other half around February or March. It's currently sitting in a savings account where it's making negligible interest. Is there something better I could do with it in this very short time frame? [more inside]
Going back to school in September after working for ~ 2 years. I've saved up a bit and I'm wondering how to make the best use of it. [more inside]
My brother and I recently found out that we are collectively receiving $220,000 from our father's estate (he passed away four years ago when we were both in our early 20s). We were advised to invest in some more profitable stocks and were given a list by a financial advisor, but neither of us have a clue how to begin making these types of decisions. Does anyone know any good (free) online resources to start learning the basics of investing and choosing a diverse portfolio? I've been wanting to develop financial acumen for some time now and I guess this is a good opportunity to start, but I don't want to make any mistakes. Any advice? Many thanks!
Should I sell my condo at a loss to make a fresh start on a new place with my partner? (I am using a sockpuppet, because this question contains personal financial info that I don’t want linked to my primary --and identifiable -- account and I may need to answer follow-up questions.) [more inside]
Need help deciding what to do with my investment finances, including rolling over my prior Co. 401k rollover. I hold 2 401ks, 1 Roth IRA and I'm planning maybe on an index Fund. Details inside! [more inside]
I have 3,000 and I want to buy four or five stocks and hold them for the next ten or more years. What's the cheapest way to buy these four or five stocks. [more inside]
I am planning to invest for retirement (35+ years away) in a Roth IRA. I've always been told to have a mix of stocks and bonds in any portfolio, starting at about a 90/10 split for someone my age. Considering that I'm not going to touch this money for a very long time, wouldn't I be better off just putting my money into some low expense ratio index funds and skipping the bonds altogether? This seems to fly in the face of every investment advice I've ever seen, but I don't understand why. [more inside]
How can I find mutual funds to invest in that are inline with my ethics? For example I am vegan, liberal, pro-choice, feminist, not anti-gay, etc. To that end I'd like to not have companies that test on animals, engage in discrimination, are part of war effort, etc. Looking in my mutual funds there are some companies that I don't know about, and some that are sketchy like tobacco companies. [more inside]
Looking at the market, currently, I have the same sense of foreboding I had in late 2007. If I am operating under the assumption the Dow and other stocks are going to start tumbling over the next 1-2 years, what actions should I be taking to protect my 401k? [more inside]
I have a bunch of money I've been wanting to dump into a low-fee index fund all year. (It's my retirement account.) I've been holding off because of the whole budget/debt ceiling business that's been going on all year. It looks like events will be coming to a head this week. If the market totally craters, would that be a good time to buy? [more inside]
As the debt ceiling looms, financial markets are a bit down. How do we capitalize on this? Buy low, yes, but what sectors? What will suffer the most if the ceiling is reached? What will hold its value better? What could see a rise out of the ashes, so to speak?
If you had $250k, how would you invest it? What would your investment portfolio look like if you were a guy in his mid 20s? [more inside]
Looking for good investing blogs focused on value investing, but also investing blogs in general. [more inside]
How do I get a daily mid-day email with stock market movers? [more inside]
The reason I turn to ask mefi here is that most of the resources I find on the webs are catered to more active investors. I've spent the last few years dollar-cost averaging into several different ETFs, indexed to large markets. Since the ETF's are products of my brokerage account, I can trade them for free. I haven’t done any selling, and have some decent returns as things stand now. The real question now is, what is the best practice for defending my portfolio against another 2008? My thoughts are that the smartest and most conservative approach is a stop-loss adjusted monthly to about 15% off the high... and then start the process again... buying in incrementally to take advantage of either falling stock prices or a slow recovery. I'm not looking to outsmart the market here... just the best way to play it safe. Best help for me would be broad concepts about tax implications (you'll lose me with anything too technical), thoughts about 'flash crashes,' or any other ideas. Thanks folks!
My 401(k) plan at work gives me many, many options for automatic investment. I have an aggressive, but diversified portfolio of mostly equity mutual funds, and a diversified mix of assets outside the employer plan. I am investing for the long-term, but wonder when to reconsider the allocations for automatic investment where, after a quarter or two, you see certain allocations underperforming relative to the other allocations. [more inside]
I never had any money. Now I have $600,000. Help me not squander it (and maybe even beat inflation). [more inside]
I'm finally out of school and in the working world, and now in the midst of trying to orient myself I'm trying to figure out if/how I should sock money away in a tax-deferred account with either TIAA-CREF or Fidelity. Should/can I try to figure this out myself, or should I find myself an advisor? [more inside]