Long-term vs short-term capital gains I’m looking to sell a stock that I’ve regularly purchased since 2021. I now hold about $37,000 of this stock, which includes 102% in gains. The overwhelming majority of my purchases of this stock occurred more than one year ago. However, I purchased around $500 of this stock this past summer. If I sell now, how will this recent purchase affect w…

Am I over-saving for retirement instead of saving up a down payment? Title, basically. I’m a 42-year old single mom in an expensive city and I want to know if I’m socking too much away in illiquid, tax-advantaged accounts I won’t be able to touch for 20 years, and whether I’m being foolish to just enjoy my below-market rent while ignoring the chance to save up a down payment on a condo or townhouse? (Single-famil…

Citibank Lost $10k in a Balance Transfer, Sent Me to Collections—What Can I Do? Hi everyone, I am unemployed and in grad school atm. I’m at my wit’s end with an unresolved issue with Citibank, and I need advice on how to move forward. Here’s the timeline: Timeline of Events: December 2023: I initiated a $10,000 balance transfer from my high-interest Chase card to a low-interest Citibank card. January 2024: Within 30 days…

My co-signer on my car loan is filing for bankruptcy Looking for some advice.. my dad co-signed my car loan to get the best possible interest rate 4 years ago. Today, his financial situation has changed drastically and he needs to file for bankruptcy. Do I have to refinance my loan? I don’t want to lose my 2% interest rate and there is 2 years left on the loan. submitted by /u/Kkat90210

Blew up my life – best path forward 44M – Heavily in debt, due to a failed business, divorce and just terrible financial choices due to depression/drinking from coping. I have recently took positive measures like getting therapy, working out daily, being sober, however I still remain in about 150K unsecured debt, most of which at this point gone bad. I owe about 150K in high APR d…

Alcohol-free booze is becoming big business But will it ever be as good?

Feeling Devastated as a 26-Year Old, Living in NYC TLDR; Hey Everyone, looking for advice/tips as someone who is currently going through this feeling of being behind in life/financially. I wrote a similar post here before, but just got hit with another large bill, so here’s a summary of it: My friends and I drove upstate with separate vehicles, at the end of the trip, I got into an accident. T…

Roth 457b for spouse of high earner? I (49m) am a state employee (OR). My partner is a relatively high income earner (49f), $260k+ range (not counting bonuses, stock options, etc). We both have Tira’s rolled over from 401k’s from previous employers, totalling in the $1.5m range. She is currently maxing out her 401k with her current employer. Now that i’m a public employee, I’ll be …

Advice Needed: Running Out of Money While Unemployed I could really use some advice about stretching my finances and finding resources as I navigate a tough period of unemployment. Here’s my situation: Background: I’ve been unemployed for 8 months after losing my nice job at the Director/VP level. My prior income was $160-$180K, and I live in NYC. Since my last gig was consulting, I didn’t quali…

Is $120 a week high for company supplied health benefits I turn 26 in a few months and am going off my parent’s health insurance plan. My dad’s health insurance is through his union and he pays nothing for us to be on his insurance but the company I work for has a pretty high co pay. For the insurance package that actually covers something it is about $120 for just me. I was going to have my fiance ge…

401k contribution instead of raise? I am financially illiterate so excuse my complete ignorance. I’ve got two situation I’d like advice on. At my current job, I have a 401k with a 3% employer match. I’m contributing 6% which is about what I can afford right now. We have profit sharing in the form of a 401k contribution. My boss today told me that they were also going to give me a…

experian help log in Hello everyone hoping someone can help!! I need to log into my experian to unfreeze my account I froze them after a big leak months ago but now I can’t log in, my email and phone number is different and now I can’t log in I’ve tried everything but sending a letter cause I feel that would take forever! Thank you! submitted by /u/Moist-Lif…

Google Clarifies 404 & Redirect Validation In Search Console via @sejournal, @MattGSouthern Google’s John Mueller explains how Search Console handles 404s, redirects, and site migration issues during reprocessing. The post Google Clarifies 404 & Redirect Validation In Search Console appeared first on Search Engine Journal.

Pay off car loan or save? Any advice for me based on Payroll Statement? Hi friends! I am a 27(M) currently going through some concerns financially. Some serious advice would be so appreciated, as I am still young and do not know much about money and how it’ll work out in my future. I attached my payroll statement & 401K contributions below for your reference. So currently, my goal is to buy a home in Phoenix, AZ (No…

Should we buy a car in full or finance a loan? Hello! My husband and I (29M and 30F) recently got married and have started looking into getting preapproved for a mortgage to hopefully buy a house within the next year. However, last month, I was in an accident where my car was deemed a total loss so we have been looking into a new vehicle. We found a nice certified pre-owned Subaru SUV with v…

I accidentally used an expired FSA account to pay for my therapy last year. All payments went through somehow. What now? Background: I put around $2000 into an FSA account (Alight) at my old job which I left in 2021. I did not understand that all of that money would be forfeit at the end of the year. Seeing that my debit card for that account didn’t expire until 2026, I figured I would use that card for therapy since I had plenty left on it (I thought). Well, acco…

Long term capital gains I’ve been a Boglehead shoving money into the S&P500 retirement accounts for the last 10 years and just started to make enough where I’ll have some left over for a brokerage account. To, again, shove in the S&P500 and hold for decades. I had some questions about the long term capital gains rate because it seems too good to be true. (1) I seriousl…

Best way to invest $10k inheritance for each of my toddlers to give them a strong financial start in life? Pretty much the title. My relative passed away and left each of my children 10K but they’re 3 and 1. Would be great if when they turn 18 or 21 and want to go to school, buy a house, or whatever it is kids will do in 15+ years, they have a little nest egg to do so. Is it a savings account? CD? submitted by /u/wutwutsaywutsaywut …

Moving in with parents I’m 35 about to be 36. Male. Single after a divorce about 2 years ago. I make 92k a year and have no debt (car is paid off, student loans are paid off, owe nothing. I rent a 2 bedroom apartment at $1355 a month I want to move in with my mom and dad since I’m dealing with depressive symptoms and some physical limitations related to my overall hea…

Really struggling on new vs used car (and how much cash to spend) Really struggling to understand what car to buy right now. Stuck between purchasing a 2018/2019 with 60-90k miles outright vs using that same $$ as a downpayment and financing the remainder (under 10k) of a new vehicle, paid off in 3 years. I know that I’ll pay more if I finance (looking at 2.9% apr) over the life of the loan, but is having a n…