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2025 / 2026 Investment Thread

You have to withdraw all the inherited IRA accounts, Roth or regular, within 10 years as I'm sure you know.

Yep!
 
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I wrote quadrupled, but when Blankpage said tripled in his post, I went back to check it out just to see. It is more than tripled, but less than quadrupled. I should probably edit that! But, yeah, I hear you. Thank you for your input, Reli.



Haha! Yeah, we won't be bringing one of those home any time soon, although they are pretty damned sexy. Where would we put the cat carriers and the litter box? Do they offer tow packages for them?

I knew you typed quadruple and that’s what I was thinking when I was replying but for some reason I typed triple, got my wires crossed. I was probably distracted by imagining all those cats living the life eating Grey Poupon looking out the window of a Rolls and thinking how much Kattegat would enjoy that. But here she is playing with a plastic bag and seemingly not knowing what she’s missing, life is what you make of it I guess.


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I knew you typed quadruple and that’s what I was thinking when I was replying but for some reason I typed triple, got my wires crossed. I was probably distracted by imagining all those cats living the life eating Grey Poupon looking out the window of a Rolls and thinking how much Kattegat would enjoy that. But here she is playing with a plastic bag and seemingly not knowing what she’s missing, life is what you make of it I guess.


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We've had several cats that love plastic.

Very odd.
 
Mercer barfed up an entire gigantic plastic wrapper from a huge tray of Costco meat, and it was still in one piece! That was the day we spent $50 on a plastic garbage can with a locking lid on it, so now we can’t afford that Rolls Royce :mad
 
Mercer barfed up an entire gigantic plastic wrapper from a huge tray of Costco meat, and it was still in one piece! That was the day we spent $50 on a plastic garbage can with a locking lid on it, so now we can’t afford that Rolls Royce :mad

You could probably find enough in your couch cushions for that Rolls but then you don’t get rich by spending frivolously. Besides the cats won’t know a Rolls from a Bentley, shop around for slightly used.
 
Typically when you inherit something, your cost basis is the FMV at the time of inheritance. That is why I mentioned 2021. May not take care of all of the sting of capital gains, but it will help :)

I would ask your financial advisor to confirm that your cost basis of your inherited stocks are properly reflecting their value as of 2021. If they are not, then you may be overestimating your unrealized gains.

I just looked at the cost basis on our account, and I also looked up what a split-adjusted Nvidia share was worth on the day Pop died, and they are the same… $29.91.

I just wanted to be sure I had accurate information.
 
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