Which Treasury to Buy While Keeping Your Taxes Simple
Buying Treasuries can complicate your taxes depending on which ones you buy and how you buy them. See how to keep it simple and avoid tax headaches.| The Finance Buff
Buying Treasuries can complicate your taxes depending on which ones you buy and how you buy them. See how to keep it simple and avoid tax headaches.| The Finance Buff
I’ve used Fidelity’s Cash Management Account (CMA) as my primary “checking,” “savings,” and “cash management account” for over six years. I recommend this setup to my students. I recommend it to my children. I recommend it to you. The default CMA setup is already strong. However, I’ve spent years refining it — optimizing for tax ... Read more| Frugal Professor
I wrote the majority of this post before markets went to hell on April 3–4. Since then, our portfolio dropped another $250k. We’ll see how this plays out, but I can’t say I’m terribly optimistic about the fallout from what the WSJ called the “dumbest trade war in history.” I wouldn’t be surprised if equities ... Read more| Frugal Professor
Another month, another update. A few random comments. Good Reads/Listens/Watches The Finance Buff on protecting investment accounts from ACATS transfer theft (link). If I were not currently chasing $7k/year of brokerage bonuses, I’d have 100% of our brokerage accounts at Fidelity with lockdown enabled. Hopefully other brokerages follow suit and enable this functionality. Life ... Read more| Frugal Professor
A portion of the dividends from muni bond funds and ETFs is also exempt from state income tax. Find the percentage and calculate it for your tax software.| The Finance Buff
