When you are in the 15% tax bracket or below, long-term capital gains are taxed at 0%. Take advantage of the tax-free capital gains and reset your cost basis higher.
Latest Blog Posts
Cost-Sharing Subsidy Under Obamacare ACA
In addition to the premium subsidy under the ACA, you may qualify for the cost-sharing subsidy if your income is low enough.
Circular Reference In Self-Employed Health Insurance Deduction Under ACA Premium Subsidy
If you are self-employed, you can potentially get both the subsidy tax credit and a deduction for your health care premium under Obamacare, but calculating the numbers can be tricky.
Where Big Banks Are Better Than Credit Unions
My reward checking account with a credit union is fully up and running. I got my first monthly interest at the end of September. As expected, I got 3% APY on my $20k deposit for having used my debit card 18 times during the month. Those 18 debits came to a grand total of $91.34. […]
How Much Is a Southwest Rapid Rewards Point Worth?
In addition to no change fees and including check-in bags in the fare, I like Southwest Airlines also because its frequent flyer program Rapid Rewards is the easiest to use. Other airlines limit seats available for reward travel. I have miles but when I want to redeem them for a free ticket, I often find […]
Book Round-trip On Southwest As Two One-Way Flights
Southwest Airlines is the largest domestic airline by the number of passengers getting on and off a plane ("enplanements"). Its reasonable prices and consumer-friendly policies make it my number one choice for leisure travel. I’d like to share a tip about flying Southwest Airlines: book your round-trip travel as two one-way flights. Southwest prices its […]
Marriage Penalty Under Obamacare ACA Premium Subsidy
Married couples are at a disadvantage when it comes to getting the premium subsidy under the ACA.
Using a Reward Checking Account For Emergency Fund
A reward checking account is a checking account that pays a high interest rate up to a balance cap but requires you to use its debit card X number of times a month among some other easy-to-meet requirements. For instance the account I recently opened with a credit union pays 3% interest on balance up […]
Lifestyle Design: Choose What You Know
Not having had a personal finance class in high school isn’t an excuse. It’s always a choice. We all have limited time. You choose to invest your time in what matters.
World MasterCard Price Protection Refunds the Difference If You See a Lower Price
When you get a new credit card, you usually also receive a small brochure describing the various benefits your new card offers. Most of the benefits are common: rental car coverage, protection against loss or damage of a new purchase within the first X days, extended warranty, travel accident insurance, etc. Don’t just throw away […]