So it looks like I may win $5 or $10. That was easy peasy money. Good to see more people participating in this newest blog competition though. I think they're fun, though I am stumped on Top 10 for now, may sit this one out.
I moved $500 over from bonds to stock. Everything is doing good I guess, but getting way too bond heavy. So did the shift. I just did a big shift a couple of months ago - yeesh. Keeping on top of allocations. Plus it looks like we are up 8% for the year. Not bad, not bad. Cash, bonds, stocks and all... I am still amazed how much we are beating ex-broker's butt, but I guess not having to pay an inordinate amount of fees makes ALL the difference. All that being said we have another 1-2% to beat 2004 & 2006.
I would really like to do some ROTH conversions right now. I keep thinking what if dh gets some giant windfall from this movie and we get pushed to a higher tax bracket? What I should really think is, so what? Like it matters. So we will have that much more money to pay for the conversion. I should just bite the bullet and do it! What are the odds anyway - pretty slim. I have to jinx it to get a big windfall, so be it. That would be quite a jinx. I can't contribute to any of my funds right now because I guess for the same reason - it is iffy if I am entitled to a tax-deductible IRA contribution if any extra money comes in. I should just start the paperwork - lord knows it takes forever. Waiting so far just means a bigger tax bill - all my accounts are doing so well. I don't think I have any bond funds right now either - dh has them all - since we have so little to work with individually I just consider it all one - our money. I have some cash, he has the bonds, we both have everything else I guess. But yeah, I should start paperwork and start converting. Every $100 gain is another $15 tax due to the Feds when I finally do it. It would be nice to be able to add some money to my accounts!
Oh, I tried to move the $115 sitting in my Fidelity cash account to my mid-cap fund, but I guess I need $250 minimum. Now that is a conundrum. I am not sure if I can add any money. All the more reason to convert that and contribute the token $135 so I can invest the cash. I was wondering if I sold $135 from the mutual fund and then bought it back with the $250 if that would work. It probably would, but would they rather me go through all that? Gah. Why are these things so dang complicated!
Financial Stuffs
May 24th, 2007 at 07:52 pm