The Investment Thread

[CheezWizHed]

of course that depends on whether you are already in an itemized deduction for other reasons (charity, taxes, school $$, etc..). The new levels for std deductions nearly eliminated my itemization, but I still itemize.

[umphrey]

Looks like the S&P will be flirting with market correction territory tomorrow. Can’t say I’m excited to buy the dip due to rising interest rates and continued supply chain issues.

[homer]

Does anyone know of a good "portfolio" return on investment calculator? I'm not looking to do forecasting, but I do want to know how I'm doing compared to certain benchmarks. With a Roth IRA at one place and a 401K at another plus individual stocks and some crypto I find it hard to get a single percentage. It'd be easier if I bought everything on a single date but I dollar cost average almost every investment. So does that mean I have to calculate each monthly purchase if I want an accurate #? Or does an average get me pretty close?

[nodakfan17]

I’m not aware of a simple ROI calculator for aggregating monthly separate portfolios with different purchase dates, but that sounds like a great tool (if it exists).

[umphrey]

You could look into Personal Capital or Quicken. I have decided I will never use a tool that takes my login info though. There are a lot of concerns about security, usability and privacy. So I ended up back in Excel, where I have some pretty advanced spreadsheets. One of them does that but it assumes constant allocations over the past so many days and probably doesn't capture dividends correctly. I haven't yet thought it was worth the effort to capture all my buy/sell orders.

[GAME05]

Hopefully everyone is ok today.

 

I'd moved mostly into a commodities index fund a month or so ago and it's basically holding even today. Probably a lot of other plays to be made with Taiwan unfortunately-probably upcoming, though doubtful any that I'll strongly pursue.

[wallus]

I'm not selling. I plan on sticking with my plan to dollar cost average.

[PlayerHader]

I'm not selling. I plan on sticking with my plan to dollar cost average.

 

Same. I do have some cash in my HSA that I might take off the sidelines soon and throw into the S&P or a total market fund.

[homer]

everything has come back quite a bit. NASDAQ is actually up right now

[thebruce44]

The timing of this sucks since we are renovating our house. Looks like I am going to have to sell a bit to make sure I can hold through anything really bad.

[nate82]

I am at a freeze at work and can’t trade again until after 3/15. Well I can trade but I will have to fill out a form and get approval first.

[PlayerHader]

I am at a freeze at work and can’t trade again until after 3/15. Well I can trade but I will have to fill out a form and get approval first.

 

How does this work? Are you referring to a 401(k)? Can you explain this?

[nate82]

I am at a freeze at work and can’t trade again until after 3/15. Well I can trade but I will have to fill out a form and get approval first.

 

How does this work? Are you referring to a 401(k)? Can you explain this?

 

Personal trading account. Since I work in a department that has advanced knowledge of financial instruments I am limited on when and what I can trade. Similar to government officials though they hardly ever follow these rules and when they don’t it is usually just a slap on the wrist don’t do it again type of a issue. For me I can be fired or have my bonus denied at the end of the year.

 

But if I have my own personal 401k that wouldn’t apply just my personal trading account. I have authority to trade on my mom’s 401k. I had to register it with my employer but I don’t have to submit for approval on trades in that account.

[umphrey]

What a wacky market. I have retirement accounts that are very long term so I don't make big changes to those based on short term events. I also have taxable accounts and I feel somewhat limited on those because big sales mean big taxes. So I often end up making small changes at most.

[nodakfan17]

My minor child received a 1099 for their brokerage account. He has no earned income and this ~$30 in dividends was his only income source for 2021 (talk about a liability, huh? ).

 

I’m assuming he does not need to file taxes, but do my wife and I need to claim this $30?

[CheezWizHed]

https://turbotax.intuit.com/tax-tips/family/should-i-include-a-dependents-income-on-my-tax-return/L60Hf4Rsg

 

Dependents who have unearned income, such as interest, dividends or capital gains, will generally have to file their own tax return if that income is more than $1,100 for 2021 (income levels are higher for dependents 65 or older or blind).

 

A parent can elect to claim the child's unearned income on the parent's return if certain criteria are met. Generally, the unearned income over the annual threshold ($2,200 in 2021) is taxed at the parent tax rate.

[nodakfan17]

Thanks for weighing in on the tax question.

 

I’d hate to trigger an IRS audit over $30 in unclaimed dividends.

[nate82]

Thanks for weighing in on the tax question.

 

I’d hate to trigger an IRS audit over $30 in unclaimed dividends.

 

Unlikely to happen unless you are doing some crazy tax write off amounts.

[homer]

China just locked down Shenzhen, a city of over 17 million people and home to the headquarters of tech giants Huawei Technologies Co. and Tencent Holdings Ltd., as well as one of China’s busiest ports. I'd imagine more price increases as a result.

[nate82]

Consumer prices rose 8.5% in March.  Still not worried about inflation?  

[wallus]

21 hours ago, nate82 said:

Consumer prices rose 8.5% in March.  Still not worried about inflation?  

I'm starting to see prices stabilize or decrease in some areas (lumber, used cars) but overall inflation isn't going under 5% for a while I think. Food prices will continue to be an issue and the conflict in Ukraine is going to make it much worse. My dad is a farmer and has locked in higher prices than he has ever gotten for 2022. Of course his input costs are higher than ever as well. 

[nate82]

With Elon’s purchase being official now for Twitter, I wonder what the impact is going to be on the tech market.

There are some rumors about Twitters earnings will be down a lot so the board took the deal.  The price may drop a bit between now and when their earnings are reported if the rumors are true.  

[GAME05]

I have some thought to picking up Disney and Netflix, but at the same time I don't have the impression they're looking to do anything different going forward. Although it's hard to imagine the Disney CEO could keep his job after all this, which I don't mean to be political, just that if you're leading a company which loses that much share price, you should be out, regardless.

I'm still basically 100% in a commodities index. Up about 25% so far and going forward I'm just making the assumption that if we do have some food shortages that it should keep on growing as prices increase. Or maybe because I'm not particularly confident in the rest of the market for the time being.

[wallus]

The portfolio I am managing is an early retirement portfolio with etfs that I never plan on selling. I dollar cost average buy every week. I do have to stop looking at the market every day however. It is hard mentally to say I am buying these etfs "on sale".

 

What is everyone's favorite etf?

[stoutdude04]

Father in Law trying to get us to put 10k into a bond with 9.something annual interest on it.  Seems like a no brainer instead of having it sit in savings...no?