A Simple Year-End Tax Checklist
The end of the calendar year is quickly approaching, and that means it is time to run through our year-end tax checklist. The simpler the better.
Here are a few important items to review and actions to take.
Free Money from Fidelity – Act Fast!
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Every so often, a deal for free money comes around that is too easy to pass up. Today is one of those days!
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If I Were Retiring Early Today…
“Would you do anything differently if you were retiring in today’s economic environment?”
“What do you think of the 4% rule for people planning to retire soon?”
Let’s go through both of those questions.
Why I Absolutely Do Tax-Loss Harvest
Markets are down. Robo-advisors and savvy investors are tax-loss harvesting.
But me? I had no intention of doing so.
Thankfully, two Go Curry Cracker readers correctly pointed out I was wrong to not tax-loss harvest.
Yes, I absolutely am tax-loss harvesting and loving it. (Thanks!)
Investing our Mortgage – 1-Year Update
About a year ago we bought a house, paid in full with cash. Then I got a small mortgage as an inflation hedge and to invest for fun and profit (or loss.)
We used a chunk of the mortgage to fund moving expenses and to acquire all of the typical home accoutrements, put solar on our roof, and pay the medium-sized tax bill that comes with selling enough stock to pay cash for a house. The remainder I put back into the market as a lump sum.
It has now been one year out of thirty. Let’s check in on how this investment is doing.
Cash Flow Adventures
Earlier this summer I found myself in need of $75,000 in cash that I didn’t have.
Finding $75,000 in a tax-friendly / investment-friendly / retirement friendly way created some cash flow adventures.
