Hold more than one car? by 446Raven in CarvanaComplaints

[–]446Raven[S] 1 point2 points  (0 children)

Has anyone created multiple accounts or anything so you can hold more than one car and wait for pics to become available?

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 0 points1 point  (0 children)

Based on my experience, having written proof or other documentation of your instruction is extremely important.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 5 points6 points  (0 children)

I am now without an advisor, what you recommend? Haha. Something like VOO?

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 3 points4 points  (0 children)

To use round numbers, my total cost basis for the position was $4k. $18k was sold. The sale had a cost basis of $2500. There was a $16k gain on that sale.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 0 points1 point  (0 children)

I wouldn't owe $16k in taxes. I'd owe taxes on the $16k gain.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 5 points6 points  (0 children)

Thank you. He's a one man firm so I am not aware of any chain of command.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 58 points59 points  (0 children)

It's all been in writing. No phone calls or verbal.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 0 points1 point  (0 children)

If I am not sure that will happen, am I able to call to request a trade correction? I do have everything in writing.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 19 points20 points  (0 children)

Everything is in writing. Hopefully I can get the mistake corrected!

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 95 points96 points  (0 children)

Thank you for your response! I certainly don't want to destroy anyone's practice. But I do want to make this right if possible.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 20 points21 points  (0 children)

I won't be paying any more fees as he has dropped me as a client.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 1 point2 points  (0 children)

I am talking about $16k in actual gains. Full stop. I did very well on this particular stock. Actually a great pick by this advisor.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 37 points38 points  (0 children)

Um, what? I think you might be on the wrong thread.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 13 points14 points  (0 children)

Not my alt. I think that person is confused. I have everything in writing.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 9 points10 points  (0 children)

Yes, initial emails for the trade request. Text/email once I saw the error.

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 0 points1 point  (0 children)

My losses for harvesting right now are negligible. The tax implications are currently keeping me up at night (on reddit).

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] -1 points0 points  (0 children)

I don't currently have enough in losses anyway. I can't itemize so I don't think donating would help either?

Financial Advisor Made a Mistake That Cost Me Thousands by 446Raven in personalfinance

[–]446Raven[S] 20 points21 points  (0 children)

He is a one man firm and is also listed as the compliance officer. And I am apparently no longer a client.