indexfundfan @ indextown

If you started contributing to a 529 plan some time in 2007, the chances are that the plan is in the RED (with capital losses) due to the recent stock market conditions. A thought came to my mind — since unqualified distributions from the 529 plan are taxable, is it possible to tax harvest from [...]

I submitted a limit order to purchase VWO (Vanguard’s Emerging Market ETF) at $92.40 late in the day with Wells Trade (Wells Fargo’s brokerage). The order was not filled by the closing bell (13:00 PST). At 13:02, I checked the order status page, and saw that the order status was changed from “Open” to “Expired”. [...]

In the post “The Trouble with Bond Insurers” in November last year, I mentioned my concerns about bond insurers because my municipal reset holdings were insured by AMBAC and MBIA (among others). The downgrade has happened. Today, Fitch downgraded bond insurer AMBAC “after Ambac said it scrapped a plan to raise $1 billion in capital [...]