Search found 100 matches

by invest4
Sun Apr 05, 2020 5:13 am
Forum: Investing - Theory, News & General
Topic: International stocks are undervalued!
Replies: 63
Views: 5382

Re: International stocks are undervalued!

watchnerd wrote:
Sat Apr 04, 2020 9:50 pm
abuss368 wrote:
Sat Apr 04, 2020 8:59 pm

The level and complexity must be a lot to manage.
I think Rick Ferri said something about overly complex slicing and dicing being the mark of intermediate experience investors.
+1 Like looking in the investing mirror of my former self. I strongly encourage OP to consider simplification.
by invest4
Sat Apr 04, 2020 6:46 am
Forum: Personal Investments
Topic: Right time to convert to Roth IRA?
Replies: 12
Views: 893

Re: Right time to convert to Roth IRA?

Hello, I have been contributing to Roth IRA via backdoor method for past several years. But for my non-working spouse, I have not doing any backdoor as she has existing tax deferred traditional IRA . Her portfolio is down 25% and valued 55K and wondering if I should take a tax hit and do a Roth IRA...
by invest4
Sat Apr 04, 2020 6:24 am
Forum: Investing - Theory, News & General
Topic: International stocks are undervalued!
Replies: 63
Views: 5382

Re: International stocks are undervalued!

International stocks have BEEN undervalued! For many years. So far, value trap, maybe RTM in the future? It's true. It's best to view this as a 10-year bear market... a longterm opportunity to buy at reasonable valuations. I'm sticking to the strategy to the bitter end. I found International (and s...
by invest4
Wed Apr 01, 2020 12:11 pm
Forum: Personal Investments
Topic: Worth Refinancing to hedge bets?
Replies: 9
Views: 594

Re: Worth Refinancing to hedge bets?

Had wondered if we would start seeing more queries like this one. In OP's specific case, there appear to be some good options (glad for that). For myself, I will close on a 30 year at 3.25% on Friday and remain appreciative of the flexibility it provides to pay off faster if one can, but adjust acco...
by invest4
Sun Mar 29, 2020 2:57 pm
Forum: Personal Investments
Topic: 60/40 is dead?
Replies: 25
Views: 3177

Re: 60/40 is dead?

I was 70/30 and I'm now 60/40, so I can assure you it's not dead! :? OK more like 65/35, but still...Prob will leave it there and not rebalance for a bit, as my personal view is there are more drops ahead. I will say that I never plan to be less than 30% bonds/cash moving forward. I am 49. Similar ...
by invest4
Sat Mar 28, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Unicorn mortgage still just a dream
Replies: 16
Views: 2550

Re: Unicorn mortgage still just a dream

unclescrooge wrote:
Sat Mar 28, 2020 9:33 am
Is it a jumbo loan,? Who is the lender?
No jumbo. Gateway Capital Mortgage.
by invest4
Sat Mar 28, 2020 4:12 am
Forum: Personal Finance (Not Investing)
Topic: SP500 PE is still above average 3/28/2020
Replies: 12
Views: 995

Re: SP500 PE is still above average 3/28/2020

I was wondering if any others were also turning their attention back to valuations as I saw P/E 10 about to touch 25. I have some additional funds still to put back to work and was feeling a bit bad as did not reach the next band before the quick reversal upward. Although I know nothing, have decide...
by invest4
Sat Mar 28, 2020 4:01 am
Forum: Personal Finance (Not Investing)
Topic: Unicorn mortgage still just a dream
Replies: 16
Views: 2550

Re: Unicorn mortgage still just a dream

Interesting. I just cleared to close today and it will be done by video chat to maintain social distancing. No other potential impediments have been raised otherwise.
by invest4
Fri Mar 27, 2020 4:00 am
Forum: Investing - Theory, News & General
Topic: Bond Strategy
Replies: 69
Views: 4510

Re: Bond Strategy

I am relatively new to bonds with an allocation in my portfolio only in the last year or so. While I was also surprised at some of the behavior of BND (for example) during the most recent volatility, it is difficult for me to discern the various causes and what (if any) changes may need to be consid...
by invest4
Tue Mar 24, 2020 7:04 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 472
Views: 45016

Re: Who's buying today? where's all the "dry powder" folks at? :)

Have been plowing some in on the way down. I still have a reasonable chunk left...let's see what transpires (would really like to put the remaining in the market).
by invest4
Tue Mar 24, 2020 7:01 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 170
Views: 8720

Re: What is your AA, given your age ? and this crisis ?

Age 47
60-70 Stocks
40-30 Bonds

I have some cash, but do not count it as part of my AA as I'm utilizing it for rebalancing, etc.
by invest4
Tue Mar 24, 2020 12:15 pm
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 107
Views: 5300

Re: Are we better off now than Dec 2018?

Positively, I think these discussions are fantastic as they help challenge our assumptions and approaches to investing. While I perceive some of the exchanges to get a bit emotional, this is fully expected as everyone is making decisions that impact their (and their families) financial lives. As in ...
by invest4
Sun Mar 22, 2020 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 745
Views: 71806

Re: Refinance Mega Thread

Locked 30 year with no escrow last week. 1500 credit...estimate I will pay 1000 out the door (500 title fees + 500 appraisal). Gateway Capital Mortgage. Continue to be impressed with those who opt for 15 year. I find I really value the option to pay more if able or desired vs. fixed higher amount wi...
by invest4
Tue Mar 17, 2020 6:38 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 877
Views: 73568

Re: Well, I am market timing due to coronavirus... Wish me luck.

Don't buy now. Wait till the economic implications of the shutdowns appear. Wait till some companies go bankrupt. This is still so early in the bear market. Just because we had a 10% up day doesn't mean the bear market is over. In fact, moves like that happen ONLY in a bear market, when the shorts ...
by invest4
Sun Mar 15, 2020 12:59 am
Forum: Personal Investments
Topic: Bond funds and coronavirus.
Replies: 46
Views: 3098

Re: Bond funds and coronavirus.

I also hold BND and was unpleasantly surprised to see the reversal to the negative. I don't recall if I saw this article posted elsewhere in the forum or simply saw it on Marketwatch, but believe it may provide some partial explanation for some of the results. https://www.marketwatch.com/story/fierc...
by invest4
Sat Feb 29, 2020 10:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18105
Views: 2555773

Re: U.S. stocks in free fall

I had been keeping new money out of the market for quite awhile and cycling the funds through 3 month CDs. Coincidentally, they matured on the 27th and I took 50% of the funds and bought VTI in the last 10 mins or so before close. As I started making the trades, I was surprised to see the move upwar...
by invest4
Thu Feb 13, 2020 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy - Buh Bye?
Replies: 10
Views: 1135

Re: Whole Life Policy - Buh Bye?

Thanks all...so long policy.
by invest4
Thu Feb 13, 2020 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Yet another 2 -> 1 income thread
Replies: 50
Views: 3860

Re: Yet another 2 -> 1 income thread

I have also been the sole income for our family since the first of our 4 children were born. Yes - the responsibility is significant and you will feel it from time to time. However, it pales in comparison to the joy of the family setup we have and I am confident it is a decision you will not regret....
by invest4
Wed Feb 12, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: The games banks play
Replies: 7
Views: 1171

Re: The games banks play

I have an existing account and called about the $500 promotion for the performance savings. We were not eligible as we already had an existing savings or MM account. The rep was very apologetic about it...got the impression they get quite some heat from existing customers. Nothing is surprising...bu...
by invest4
Mon Feb 10, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy - Buh Bye?
Replies: 10
Views: 1135

Re: Whole Life Policy - Buh Bye?

What's the total amount you've paid in premiums? Sounds like a policy bought by a parent 20-30 years ago. Normally, after 20-30 years it's wise to keep a policy. But in this case, it's likely a crummy policy whose returns are being eaten up by the insurance and administrative costs. At $7600...I'd ...
by invest4
Mon Feb 10, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy - Buh Bye?
Replies: 10
Views: 1135

Whole Life Policy - Buh Bye?

I know the general consensus here on the boards is that whole life policies are not useful (being charitable) and quite a few suggest it should be...criminal. We are thinking of ridding ourselves of my wife's whole policy. Historically, the premium was so low, we just didn't bother too much. However...
by invest4
Sun Feb 09, 2020 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent options
Replies: 4
Views: 426

Re: Real estate agent options

The person selling on behalf of the 55+ community is actually a realtor who charges a commission? As far as selling your own home, you might consider a flat fee MLS service where you avoid the % brokerage on your end and get to set the % the buying agent would receive (if they have one). Of course, ...
by invest4
Sun Feb 09, 2020 7:19 am
Forum: Investing - Theory, News & General
Topic: Anybody buying gold?
Replies: 112
Views: 5064

Re: Anybody buying gold?

Not so far. I have considered it, but really struggle with the usual arguments for and against.

However, I do track a copy of my current portfolio with 10% gold (GLD) in it as well as the 'Golden Butterfly' so I may watch how gold performs and impacts the portfolio.
by invest4
Sun Feb 09, 2020 7:01 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 968
Views: 131575

Re: How much money do you want to retire?

Wife and I are 47. Have had 2.5M as the target number (100K x 25x) for quite awhile...age 60-62. We currently have $1.4M, but with a significant mortgage still outstanding ($380K as now) and the most expensive part of life in progress (expenses for 4 children including the college train which has al...
by invest4
Sun Feb 09, 2020 6:32 am
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 7809

Re: What do you/did you spend your bonus on?

When we were a younger family, we spent the bonus on upgrades to our house or toward a vehicle: * Finishing the basement * Patio / landscaping * Upgrading from a used Chrysler to a Honda minivan and eventually paying for all of our cars in cash As the years passed and we didn't have significant expe...
by invest4
Sat Feb 08, 2020 4:24 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Re: Refinance Mortgage?

I believe the refinance is worthwhile whether you payoff the new mortgage over the new 30-year loan term or over the remaining term of the original mortgage. Once you have the best refi terms, start the refi ASAP. If a better rate comes along in a year, you can always refinance again The point of m...
by invest4
Fri Feb 07, 2020 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Re: Refinance Mortgage?

A no-cost refinance to a lower loan rate is the right choice IMO. Pay an additional amount towards principal each month in addition to the regular mortgage payment such that the new loan is paid off by December 2046 (payoff date of original loan). Or earlier if you want the mortgage paid off by a c...
by invest4
Thu Feb 06, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Re: Refinance Mortgage?

Update and request for additional input on this topic. Since my last post, I had learned some additional information about my current mortgage which I was not fully aware of. This was due to the construction loan which was then converted to a "permanent" one after our house was built. Origination Da...
by invest4
Mon Feb 03, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: 1099R...Confuzzled
Replies: 10
Views: 1427

Re: 1099R...Confuzzled

You are still ahead of the game by having done this IRR. If the plan administrator had offered to reverse the IRR, you should not have been interested because you just moved 17k into the designated Roth with only 4700 being taxable. Now your after tax sub account has been drained and you can contin...
by invest4
Mon Feb 03, 2020 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: 1099R...Confuzzled
Replies: 10
Views: 1427

Re: 1099R...Confuzzled

I called the plan administrator and believe I now have a better grasp of what has happened. As previously highlighted, I had 3 transactions during 2019, but now also provide the taxable portion per the plan administrator: June: 7300...4017 taxable August: 3300...552 taxable November: 6600...131 taxa...
by invest4
Sun Feb 02, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: 1099R...Confuzzled
Replies: 10
Views: 1427

Re: 1099R...Confuzzled

I haven't personally heard of plans that allow after-tax contributions and in-plan conversions that can't convert after-tax contributions only (but I'm certainly not an expert in this area). If that's how your plan works, that makes this significantly less useful. You might consider finding out if ...
by invest4
Sun Feb 02, 2020 7:21 am
Forum: Personal Finance (Not Investing)
Topic: 1099R...Confuzzled
Replies: 10
Views: 1427

Re: 1099R...Confuzzled

Thanks. You already gave me a lead. During earlier conversations with the plan administrator, they had mentioned something along the lines that the pre-tax and after-tax are apportioned / combined together within the plan. I just came across an article which mentioned 'Pro Rata Distributions' which ...
by invest4
Sun Feb 02, 2020 6:56 am
Forum: Personal Finance (Not Investing)
Topic: 1099R...Confuzzled
Replies: 10
Views: 1427

1099R...Confuzzled

Dear All, During 2019, I decided to take advantage of the 'mega backdoor Roth' for the very first time by making after tax contributions from my paycheck and then converting to Roth via In-Plan Roth Rollover as allowed by my employer's plan. The rhythm of this exercise was to make bi-weekly contribu...
by invest4
Wed Jan 29, 2020 2:00 am
Forum: Personal Consumer Issues
Topic: Buying a new-construction home
Replies: 28
Views: 2833

Re: Buying a new-construction home

1) Has anyone bought a new-construction home before? What was it like? Did you use a realtor? Is there anything you wished you had done differently? We have purchased two houses, both new construction House #1: Typical subdivision for young homebuyers starting families, etc. Several models / floorp...
by invest4
Sat Jan 25, 2020 11:09 am
Forum: Investing - Theory, News & General
Topic: How Did 2001-2002 and 2007-2008 Influence Your Investing Philosophy? Or Did It?
Replies: 113
Views: 5654

Re: How Did 2001-2002 and 2007-2008 Influence Your Investing Philosophy? Or Did It?

2001-2002: 30 years old. Diligent saver, but didn't invest in tech stocks (but vividly recall a friend who did and got clobbered). No impact to my mindset. 2007-2008: 36 years old. $300K in 401k...cut in half. I didn't look at statements for months...although one had a good idea just from watching ...
by invest4
Sat Jan 25, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance cost
Replies: 98
Views: 6450

Re: Umbrella insurance cost

As noted by others, the addition of teen drivers has a significant impact. Not long ago I was quoted $1500 for 1M policy for 2 adult and 2 teens (17 & 18) from Allstate. My mouth was agape. Of course, in fairness...the risks are much higher.
by invest4
Thu Jan 09, 2020 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Re: Refinance Mortgage?

I would not have chosen a 30 year mortgage product at age late-40s, but then you didn't ask me 8-) Due to having 3 kids still on the dole (and assuming that you have not saved up, oh $600k for their college tuition), you should not lock yourself into the higher payment that a 15 year note would inc...
by invest4
Sun Jan 05, 2020 6:20 am
Forum: Personal Consumer Issues
Topic: Outdoor landscaping lights
Replies: 17
Views: 1563

Re: Outdoor landscaping lights

Quality lighting can be exceptionally expensive. I thought I was going the "smart" route and invested several hundred dollars in solar lights from Home Depot...recall they were about $40 each (higher wattage / brightness). During the warmer months, they are plenty bright and work well. During the fi...
by invest4
Sun Jan 05, 2020 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Re: Refinance Mortgage?

4 kids?? Keep the payment as low as possible to preserve cashflow. No brainer. I would not refinance unless the rate is close to 1% lower. You can always pay more once a year if you have spare cash (tho I would not do that with a sub-4% mortgage, I would invest the $). Thanks. 1% lower sounds delig...
by invest4
Sun Jan 05, 2020 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Re: Refinance Mortgage?

Paradise wrote:
Sat Jan 04, 2020 5:42 pm
May I ask where you found a 30 year fixed for 3.5% and 2k in closing costs? I'm not seeing anything like that. Are you excluding 3rd party fees and taxes?
Absolutely. Found via broader search. Give 'em a call.

Gateway Capital Mortgage

www.gwcmortgage.com
by invest4
Sat Jan 04, 2020 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Re: Refinance Mortgage?

Is it an option to take a slightly higher interest rate with $0 or near-zero closing costs? I would expect this could be possible at ~3.6125%. Internet lenders such as AIMLOAN (no relation, just an example for who I used) offer this and it can be a good option if you see a possibility of rates cont...
by invest4
Sat Jan 04, 2020 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage?
Replies: 47
Views: 5082

Refinance Mortgage?

Hello All, Strongly considering a refinance of my current mortgage. I'm a bit uncertain if the potential savings are sufficient to reset the whole bit or if I miss some other important considerations. We will be 3 years into the current loan in May 2020. It is difficult to say whether or not we will...
by invest4
Mon Dec 30, 2019 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help me get my young-adult daughter to save.
Replies: 30
Views: 2396

Re: Help me get my young-adult daughter to save.

A real challenge, in my opinion and experience! Despite our/my doing a lot of things to educate/motivate our son to save, I/we have generally been unsuccessful. He is now in his early 40's and married (for the first time) a little over a year ago. One thing I tried (when he was first working) was t...
by invest4
Mon Dec 30, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 445
Views: 115062

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

I have been very 'stealthy' most of my adult life while steadfastly working to achieve various milestones of saving (max 401k, Roth, HSA, etc.). We have lived beneath our means, always purchased used cars, shopped at resale shops for the kids. TJ Maxx, Marshalls, etc. for ourselves, but frequently d...
by invest4
Sun Dec 29, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Home selling advice: Agent vs. FSBO vs. redfin
Replies: 94
Views: 4538

Re: Home selling advice: Agent vs. FSBO vs. redfin

I find it laughable the realtor refuses to list at the price you ask for. Whether or not it is a smart move is irrelevant..the decision is yours. As suggested by one of the others, would take this up with the broker about filing a complaint and try to terminate the agreement. As for selling the hous...
by invest4
Sun Dec 29, 2019 3:44 am
Forum: Personal Finance (Not Investing)
Topic: Preparing a teen for life on their own
Replies: 48
Views: 3232

Re: Preparing a teen for life on their own

* Full credit to you and family for your willingness to take this on. As you have already seen, it comes at a significant cost...the least of which is financial. Positively, there are also potential rewards for everyone as well. * Ongoing alignment with your wife is vital. The dynamic can be so chal...
by invest4
Mon Dec 16, 2019 3:31 am
Forum: Investing - Theory, News & General
Topic: DLS. Appropriate choice for intl small value?
Replies: 23
Views: 3373

Re: DLS. Appropriate choice for intl small value?

I held DLS for many years until I simplified with 4 ETFS (VTI, VXUS, BND, BNDX). Expense ratios also a consideration. Still a believer in including Intl, but have decided not to tilt, etc. any longer. Best wishes!
by invest4
Sun Dec 08, 2019 2:28 pm
Forum: Personal Consumer Issues
Topic: Recommend Laptop
Replies: 79
Views: 5589

Re: Recommend Laptop

fwellimort wrote:
Sun Dec 08, 2019 1:37 pm


For quality laptops, generally I believe:

Latitude series or XPS series in Dell
+1 XPS
by invest4
Sat Dec 07, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 224
Views: 13996

Re: Tax Deferred : Taxable : Tax Free

Current Portfolio: $1.4M Tax Deferred: 74% Taxable: 13% Tax Free: 13% (also included HSA in here) Married Both 47 Single Income Tax Bracket: 22% Future Pension: 13k annual beginning @ age 60 (no cost of living adjustments) Currently, and also due to current tax bracket, I am: * Maxing 401k (19K) * M...
by invest4
Thu Nov 28, 2019 5:03 am
Forum: Investing - Theory, News & General
Topic: TLT vs BND in portfolio.
Replies: 29
Views: 2905

Re: TLT vs BND in portfolio.

I had also strongly considered adding longer duration bonds (EDV) in my portfolio. Alas, I came to the same conclusion as the others in regard increased risk combined with current rates near zero...no thanks.