I haven’t filed my taxes yet for 2020. I’m probably going to file for an extension to increase the window of any possible eligibility for stimulus payments. It’s highly likely that I still won’t be eligible, but it’s worth a shot. It’ll be my first time filing for an extension, so there’s some learning ahead.… Continue reading Taxable Passive Income – 2020
Spring has sprung! At this time of year, we love swinging downtown to check out the cherry blossoms. However, this year with the pandemic in play, we may skip our annual tradition. Here’s a picture from last year’s blossom excursion: Despite paying zero attention to organized sports, I did fill out an NCAA March Madness… Continue reading March 2021 Update
I finished 63 books in 2020, three more than 2019 but eleven fewer than 2018. Of those 63, only two of them were physical, paper books. Twenty five of them were audio books, but the remaining thirty six were on my Kindle Paperwhite. I love my Paperwhite. It’s my second e-ink Kindle, replacing my Kindle… Continue reading I love my Kindle Paperwhite
There’s no shortage of market pundits predicting impending doom. The current trend of prophecy is pointing to astronomical price-to-earnings ratios and how calamity ensued the last time this happened. If I’m an investor with a lump sum to invest, what do I do? The last thing I want to do is drop it in an… Continue reading Which is the winner? Lump sum investing or dollar cost averaging?
Last October, I shared my target allocations in my tax loss harvesting update. In this post, I thought I’d provide some financial voyeuristic fodder and share what my current allocations, as well as what investments I have in my portfolio. Tax-Advantaged and Taxable Allocations I break out my allocations between my tax-advantaged accounts (workplace 401(k),… Continue reading What’s in my portfolio?
Tax Season – In Progress I finished filing the tax returns for both of my oldest two children. Both made well under $30k for the year. I laughed at how simple they were and also the sheer number of dark patterns that Turbotax employed to trick us into paying for what should have been a… Continue reading February 2021 Update
The other day, a friend asked me to tell them what I thought about one of the options in their workplace 401(k), “The Growth Fund of America” by American Funds, ticker AGTHX. To evaluate an investment option, I generally look at three things: objective, fee structure, and benchmark performance. What is AGTHX? AGTHX is an… Continue reading How to Evaluate An Investment Option using AGTHX
I’m not 100% rational. Few (any?) people are rational all of the time. And even though I am aware of psychological traps and my own irrationality, I still find myself occasionally trapped. Familiarity Bias I worked at Dumpster Fire Inc between 2013 and 2017. During my time at DFI, they went public at $40/share and… Continue reading Behavioral Economics
Following Frugal Professor’s example, I’m going to track my blog’s history with an annual State of the Blog post. Here’s the inaugural edition. Why I’m Blogging Before diving into the statistics, let me reiterate my current purpose of my blog. My primary reason to blog is that I love thinking about all things personal finance… Continue reading State of the Blog – 2020 Edition
January 2021 Update The tax forms are starting to trickle in. Probably won’t start reviewing them until mid-February once the brokerage statements all land. We’ll see if we have any drastic changes to the tax code to account for in 2021. Covered Calls Update I’ve written before about the covered calls that I’ve been writing… Continue reading January 2021 Update