Boiler Room: The Official Stock Market Discussion

Perfectson

Banned
Joined
Aug 9, 2014
Messages
9,613
Reputation
-1,835
Daps
12,054
I found out that FXAIX distributes capital gains to share holders. I don't really wanna be hit with capital gains taxes on income I haven't actually realized because it was redistributed to me as shares of FXAIX. ETFs apparently don't have those issues nor do Vanguard Index Funds.

On Fidelity IVV might be a better buy than FXAIX. FXAIX should be used in a tax deferred account like a Roth or other IRA.


Hmmm just drip the capital gains and defer the tax payment. Most funds dividend out or have capital gains...thats how you make most of your money
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
46,230
Reputation
3,914
Daps
70,021
Reppin
Michigan
Chase You Invest is so bad. I'm only dealing with them for the free trades. With Fidelity if I send cash to my brokerage account it's almost instantly available to use. Fidelity will loan you the money until it hits your account at no charge. With Chase You Invest I have to wait until the EFT clears which can take a day or two. I keep looking at Boeing and it could be 2 days before my money clears.
 

mson

Veteran
Supporter
Joined
Sep 10, 2012
Messages
54,811
Reputation
6,995
Daps
104,064
Reppin
NULL
Steer Clear Of Lyft's IPO

Lyft: My IPO Valuation - Lyft (Private:LYFT) | Seeking Alpha

Chase You Invest is so bad. I'm only dealing with them for the free trades. With Fidelity if I send cash to my brokerage account it's almost instantly available to use. Fidelity will loan you the money until it hits your account at no charge. With Chase You Invest I have to wait until the EFT clears which can take a day or two. I keep looking at Boeing and it could be 2 days before my money clears.


Those are the only two that you use?
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
46,230
Reputation
3,914
Daps
70,021
Reppin
Michigan
Tesla just keeps letting me down. Good thing I only bought 5 shares so its not a huge loss. Got 5 shares of Boeing today. Usually when I open a position in a company that's what I buy then I add 5 more every time I buy. Needless to say I won't be adding to Tesla any time soon.
 
Top