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I have a list of funds, and want to know a few things about

I have a list of funds, and want to know a few things about them: which of them are index funds? which of them are stock funds and which are bond funds? Which of them are international (and what is their geography)? List of funds:Stable Value Fund.BlackRock US Debt Index Fund.Fidelity Total Bond Fund.Voya Large Cap Value Portfolio.BlackRock Russell 3000 Index Fund.Voya Large Cap Growth Portfolio.***** *****cock Disciplined Value Mid Cap Fund.T. Rowe Mid Cap Growth Fund.Federated Clover Small Cap Value Fund.T. Rowe Price New Horizons Fund.BlackRock Global Equity ex-US Index Fund.American Funds EuroPacific Growth Fund.Please don't answer if you want just send me a bunch of links.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

17,686 satisfied customers
Dad passed away recently, and he had a joint brokerage

Hello,Dad passed away recently, and he had a joint brokerage account ($100K) and joint savings account ($50K) with me.I'd like to sell the stocks/mutual funds and split everything with my siblings.When I asked the brokerage firm if they would do a step up in basis, they said no problem, they will do a 100% step up in basis.Is this correct? Am I allowed to do a 100% step up in basis?If so, what do I need to do when I file my next tax return? (Maybe just a form to show a very small amount of capital gains, if any, that I will need to pay tax on? Will that be taxed as income, or capital gains?)Also, I'd like to gift 1/3 and 1/3 to my siblings. I don't mind that it will count against my lifetime 5.4mil of gift tax exemption, but what do I need to do on my next tax return? I'm married and filing jointly. To get the total amount of taxable gift, do I just subtract $14,000 from the amount gifted to sibling 1 and subtract $14,000 from the amount gifted to sibling 2, and add it together?Anything I might be missing?Thanks!

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DanielleCPA

Certified Public Accountant

Bachelor's Degree

964 satisfied customers
I wrote moments ago about a trust. How would you suggest

I wrote moments ago about a trust. How would you suggest presenting the following scenario to a trustee for approval. I want to live on a boat - permanently. I pay 1550 per montn in rent and utilities. My costs for ownership of the boat would be the same or less.

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PDtax

Owner

Master's Degree

6,966 satisfied customers
Iam a retitred senoir on SS i have invested in a mm fund. I

Iam a retitred senoir on SS i have invested in a mm fund . I notice the funds go up and down mostly up in value from my initial investment . When it goes up considerably can i sell that day a recieve the profit and maintain the initial balance without penalties from the fund and hopefully continue taking profit at ervery oppurtunity.? Or is there a provision that allows me to only sell at specific times. In other words can i sell as many times as i want in order to take profit and maintain my initial investment. I am with Vanguard Fund

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

17,686 satisfied customers
I am 63 y/o disability beneficiary. I have regular IRA

I am 63 y/o disability beneficiary. I have regular IRA account, and this is my only investment account, offered to me when a year and a half ago I made changes from 401k into IRA and moved those money into my bank (PNC Bank), currently somewhat about $26 thousand (twenty six). It's invested 100% in Equity product named "SVACX FEDERATED STRATEGIC VALUE DIVIDEND CL C".I found recently that communication with my bank advisers is not satisfactory to me: I prefer written, over spoken advice.Here I have some questions:1, Am I eligible to move these money without a kind of penalty, into other products, i.e. individual stocks?2, If I am eligible, how to make such operation? I can't find this on my bank site, except those offered by the bank.

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PDtax

Owner

Master's Degree

6,966 satisfied customers
I have some funds that I want to tuck away; It's sitting

I have some funds that I want to tuck away; It's sitting in a money market account now. My thought was a annuity, but It was suggested that a indexed CD would be an option also. My priorities of safety and return look to be met by both, as the annuity is guaranteed by the insurance company, and the indexed CD is backed by FDIC. The potential return looks equally OK for both, and I am leaning toward the CD. Any insight or suggestions.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

17,686 satisfied customers
I want to invest most of an inheritance in an index fund.

I want to invest most of an inheritance in an index fund. Reading about it has confused me. The one clear advice that's popped up a lot is to use Vanguard. Otherwise, I want to invest as to closely follow the stock market average as possible, and then forget about the money for a while. Walk me through the steps of doing this, probably with Vanguard? Also, what's generally the cost or timetable to withdrawing that money, if I wanted to do so in a pinch? Thanks in advance.

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Andy4712

Attorney

Doctoral Degree

476 satisfied customers
I would like you to evaluate my retirement and personal

I would like you to evaluate my retirement and personal investments. My wife and I are 74 and only debt is home mortgage ($156K) and vacation cabin ($95K). Our SEP value is $162K and invested in these Equities: Enerplus Corp, Ford Motor Co New, GE Cap Corp, Callable, Ishares Gold Trust, Kinder Morgan, Northwest Pipe Co, and, Tembec Inc New; AND, in this mutual fund: Nuveen Small Cap Select; AND, in these two Taxable Bonds: Goldman Sachs Cap II FLTG, and, Transocean Inc.We are interested in income and income/growth, so that is the reason for the bonds and others that pay dividends/interest.We are too old for growth alone. Our broker is not too hot on investing in long term growth stocks/mutual funds. Not much time at our age to recoup significant losses.Our Personal Savings value is $58K, and, is invested in: Enerplus Corp, Telecom Argentina SA, and, American Cap World Grow and Inc Fd.We have $252K in cash (savings and checking). We have $228K in equity of our home, cabin, cars, and travel trailer.Our estimated net worth is $700K. We get $30K/year from our SEP ($2,500/month) and $36K/year in SS benefits.What are your thoughts of our investments? What changes would you suggest in any area of this information? Good paying interest/dividends on Bonds are very rare now. Our broker keeps an eye open for good paying bonds. We are conservative in our spending and our main checking account grows some each month. Do you think we are pulling out too much from our SEP-IRA?

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PDtax

Owner

Master's Degree

6,966 satisfied customers
I have been in the Bond market decade now and want to

I have been in the Bond market for a decade now and want to get back into the DJIA Index funds. I have about 1/3 of my porfolio in cash alternatives ready to go in. My concern is when to buy in this heavy? As we have been the highest the dow jones has ever been lately, my concern is having a huge drop after buying in that heavy or would it be prudent to wait this bull market out expecting a few years of bear market in the future?

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

17,686 satisfied customers
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