Search found 211 matches

by WentzWagon
Mon Apr 01, 2019 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance Mortgage? Currently at 4.75%
Replies: 21
Views: 2866

Re: Should I Refinance Mortgage? Currently at 4.75%

Forget the refi. Just pay the loan off in 15 years. Have the loan company set up an amortizations chart for you. If the rates drop again after you refi will you refi again? I do think I would refi again after a current refi unless rates drop significantly as closing costs would eat up most savings....
by WentzWagon
Mon Apr 01, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance Mortgage? Currently at 4.75%
Replies: 21
Views: 2866

Re: Should I Refinance Mortgage? Currently at 4.75%

I'd refi to the 20-year for 3.875 from the current loan. Interest savings would cover the $3k closing costs in a little over a year. You might want to check Mortgage Professor though. Sometimes, they have slightly better fees. I'm not sure where you are and some of the details of rates depend on lo...
by WentzWagon
Sun Mar 31, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance Mortgage? Currently at 4.75%
Replies: 21
Views: 2866

Re: Should I Refinance Mortgage?

Thanks for the info. Really considering the 20yr at 3.875.

Anyone recommend a 10/1 or 7/1 arm?

I used to have a Penfed 5/5 at 2.75 which was amazing. I plan to be in our house for 10-20 years
by WentzWagon
Tue Mar 26, 2019 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance Mortgage? Currently at 4.75%
Replies: 21
Views: 2866

Re: Should I Refinance Mortgage?

But if I can knock off 10yrs to a 20 for 3k in closing costs and save .9% is that worth it
by WentzWagon
Tue Mar 26, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance Mortgage? Currently at 4.75%
Replies: 21
Views: 2866

Should I Refinance Mortgage? Currently at 4.75%

Purchased a new build on January on a 30yr. Rates have dropped quite a bit and am wondering if it's worth refinancing at this point as rates have dropped considerably or put extra towards principal. Might be here 15-20 years. Mortgage been sold twice since closing. Can anyone let me know your though...
by WentzWagon
Mon Dec 24, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12802
Views: 2197810

Re: U.S. stocks in free fall

Is there a way to rebalance and not throw off taxable gains on my brokerage account?
by WentzWagon
Fri Dec 21, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12802
Views: 2197810

Re: U.S. stocks in free fall

So is this panic and people selling off?

Robotrading systems selling off?

People taking profits?

The swing the last two weeks has been absurd
by WentzWagon
Sat Dec 15, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12802
Views: 2197810

Re: U.S. stocks in free fall

Thank god I diversified with international.lol
by WentzWagon
Wed Oct 17, 2018 8:50 am
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2501

Re: International Fund Down - What to do?

My rough back-of-the-envelope calculation gives this: Original asset allocation: 57% domestic stock, 31% international stock, 12% bonds Revised asset allocation: 62% domestic stock, 27% international stock, 11% bonds So your international allocation has drifted from 31% of total portfolio to 27%. I...
by WentzWagon
Wed Oct 17, 2018 8:43 am
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2501

Re: International Fund Down - What to do?

My weight might look a little off but thats because i hold a ton of Total US in my 401K. This is my brokerage account. When you say the weight might look a bit off do mean you feel international is a high proportion relative to your portfolio? You're already more than 2-to-1 domestic in your broker...
by WentzWagon
Wed Oct 17, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2049
Views: 354344

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Opening a large Biz account. Any good options with an initial bonus?
by WentzWagon
Tue Oct 16, 2018 3:46 pm
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2501

Re: International Fund Down - What to do?

Only buy stuff that goes up!! If you can figure that out ahead of time, let me know. Re-balance is the best way if a tax deferred account, or tax loss harvest if a taxable account. I just harvested losses in International in my taxable and am smiling because of the tax break I am getting. So how wo...
by WentzWagon
Tue Oct 16, 2018 3:44 pm
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2501

Re: International Fund Down - What to do?

You would be selling your US fund to buy the International fund. Let's say your IPS calls for a 60/40 US/International split and right now you're sitting at 65/35, you'd sell enough of your US fund and use the proceeds to buy more of the International fund to get back to 60/40. I think I want to st...
by WentzWagon
Tue Oct 16, 2018 3:42 pm
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2501

Re: International Fund Down - What to do?

jtravisdavid wrote:
Tue Oct 16, 2018 3:40 pm
You could sell the fidelity fund, take the tax loss, and purchase the similar Vanguard international fund.
Whats the advantage there? Also I have Fido account so it might cost me $25-50 to hold the vanguard in Fido .
by WentzWagon
Tue Oct 16, 2018 3:41 pm
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2501

Re: International Fund Down - What to do?

buy more with current income? if not.. eventually re-balance and buy more. Yes it is but I am thinking about shifting more into US Fund. At this point however is it worth moving funds or wait for things to go up. It would be a realized loss if I sell now. Don't chase performance. Is your current As...
by WentzWagon
Tue Oct 16, 2018 3:33 pm
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2501

International Fund Down - What to do?

(Updated totals below including 401K) I have a good amount of International Exposure in my 3 Fund Portfolio Brokerage (taxable) and notice that my International / Bond had been walloped and down 5% from when I purchased. What would be your guys suggestions moving forward and is there anything I can ...
by WentzWagon
Thu Oct 11, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12802
Views: 2197810

Re: U.S. stocks in freefall

lukestuckenhymer wrote:
Thu Oct 11, 2018 2:13 pm
pokebowl wrote:
Thu Oct 11, 2018 2:04 pm
At least we get to reuse our hats? We have that going for us.

Image
always makes me cringe
Who is this guy that is in every yahoo photo
by WentzWagon
Tue Oct 02, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Business Account for PLLC?
Replies: 3
Views: 265

Re: Business Account for PLLC?

jnet2000 wrote:
Tue Oct 02, 2018 9:49 am
A local or regional bank. I'd stay away from the big four.
Interesting....Can you explain why?
by WentzWagon
Tue Oct 02, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Business Account for PLLC?
Replies: 3
Views: 265

Business Account for PLLC?

What Bank and type of Business Account would you recommend for a PLLC (Medical Practice) with employees?

Would be linked up with payroll and all other operations
by WentzWagon
Fri Jul 20, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed 5/5 Arm Rate Reset?
Replies: 16
Views: 1830

Re: Penfed 5/5 Arm Rate Reset?

I refinanced with Penfed less than 5 months ago at 2.75% and am due for a rate increase in March 2019 time frame to 4.75% I was given an offer to reset my rate to 3.8125% in September for $250 for 60 months. I would be paying about 7 months at a higher rate but saving more in the long run. I calcul...
by WentzWagon
Fri Jul 20, 2018 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed 5/5 Arm Rate Reset?
Replies: 16
Views: 1830

Re: Penfed 5/5 Arm Rate Reset?

I refinanced with Penfed less than 5 months ago at 2.75% and am due for a rate increase in March 2019 time frame to 4.75% I was given an offer to reset my rate to 3.8125% in September for $250 for 60 months. I would be paying about 7 months at a higher rate but saving more in the long run. I calcul...
by WentzWagon
Fri Jul 20, 2018 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed 5/5 Arm Rate Reset?
Replies: 16
Views: 1830

Re: Penfed 5/5 Arm Rate Reset?

I believe the 5 year T note is used for 5/5 ARMs (but do make sure by calling up PenFed). OP, do mean you refinanced 5 years ago (not months)? PenFed usually gives these offers out before the first 5 year rate reset. Some of us who had rates reset in 2016 or before actually got an offer for lower r...
by WentzWagon
Fri Jul 20, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Penfed 5/5 Arm Rate Reset?
Replies: 16
Views: 1830

Re: Penfed 5/5 Arm Rate Reset?

Is the increase to 4.75% certain? What is the maximum rate that the new loan could rise to? Thats exactly what I asked as I know the rate increase is based on the Index. 2% is MAX it could rise per 5 year period. What is the current index? "Rate is variable and can increase by no more than 2 percen...
by WentzWagon
Fri Jul 20, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Penfed 5/5 Arm Rate Reset?
Replies: 16
Views: 1830

Penfed 5/5 Arm Rate Reset?

I refinanced with Penfed less than 5 years ago at 2.75% and am due for a rate increase in March 2019 time frame to 4.75% I was given an offer to reset my rate to 3.8125% in September for $250 for 60 months. I would be paying about 7 months at a higher rate but saving more in the long run. I calculat...
by WentzWagon
Tue Jul 10, 2018 9:24 am
Forum: Personal Investments
Topic: Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?
Replies: 7
Views: 477

Re: Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?

I believe the business (practice) can only have one plan, to cover all employees, including owner-employee. As to 401k vs SEP IRA vs simple IRA I have almost zero knowledge. Typically a 401k is going to allow most deferred income while “costing” less in contributions to employees, I believe, but yo...
by WentzWagon
Mon Jul 09, 2018 10:51 pm
Forum: Personal Investments
Topic: Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?
Replies: 7
Views: 477

Re: Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?

I would have thought you’d be 24% federal bracket. Especially after deductions. Consider using some cash and taking less of a loan? That’s immediate and guaranteed return. The interest on he loan should be deductible to the business. The practice can establish a 401k plan. There is also likely adva...
by WentzWagon
Mon Jul 09, 2018 10:18 pm
Forum: Personal Investments
Topic: Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?
Replies: 7
Views: 477

Re: Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?

What interest rate can you get on a business loan? We're looking at around 4-5% What type of practice? Solo? Lots of employees? 1 DR (wife) and 2 staff (1 hourly - 1 salary) What is your desired asset allocation for investments? (You’re not really asking us if you should go 100% US equities, are yo...
by WentzWagon
Mon Jul 09, 2018 9:39 pm
Forum: Personal Investments
Topic: Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?
Replies: 7
Views: 477

Simplify Portfolio & Opening Medical Practice - Tax Deductions / Savings?

So me and the wife are planning a move to another state and open a medical practice for her and buy a house. (4 months) We are both 35. I make about $200k + (hc /401k) working remote and she is about $115k (no 401k) right now working for a practice before the move. I'll continue to work remote after...
by WentzWagon
Wed Jun 13, 2018 9:53 am
Forum: Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 2251

Re: Fidelity Tech Sector Funds?

I am looking to tilt a little bit in my Fidelity Taxable account and add some Tech Sector / Semi Conductor Funds. Fidelity® Select Software and IT Services Portfolio (FSCSX) - https://fundresearch.fidelity.com/mutual-funds/summary/316390822 Fidelity® Select Semiconductors Portfolio (FSELX) - https:...
by WentzWagon
Wed Jun 13, 2018 9:16 am
Forum: Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 2251

Re: Fidelity Tech Sector Funds?

I updated some of the ones I am looking at in original post. FTEC looks good and has low ER but looks like the others over past 5 years are growing more exponentially
by WentzWagon
Fri Jun 01, 2018 8:58 am
Forum: Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 2251

Re: Fidelity Tech Sector Funds?

I did it and the returns have been pretty crazy. I think last time I looked 20-25% returns. But, despite those monster returns I can't make myself put more money in to try and Chase better returns. I say ±10% of your stock investments can be play money the other 90% should be market indexed. Then o...
by WentzWagon
Tue May 29, 2018 3:47 pm
Forum: Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 2251

Re: Fidelity Tech Sector Funds?

That ER is high. I would look at it, think about it, daydream about it and then stick with the market cap weighting. It is very hard to stick with tilts that under perform. You want it when tech is zooming. You want out when tech is getting clobbered. Don't just do something. Stand there. What do y...
by WentzWagon
Tue May 29, 2018 2:55 pm
Forum: Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 2251

Re: Fidelity Tech Sector Funds?

Those additions would be "tilting". Buying more of something you already own. You own all stocks at the market cap weight. US and International. It doesn't increase diversity. You are making a bet that those 3 sector funds will add return. You can do it, but not in the name of diversity. Or adding ...
by WentzWagon
Tue May 29, 2018 2:39 pm
Forum: Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 2251

Fidelity Tech Sector Funds?

I am looking to tilt a little bit in my Fidelity Taxable account and add some Tech Sector / Semi Conductor Funds. Currently my make up is pretty much mostly the below between taxable and roth. No room in roth so will put in taxable. I think I will sell some of my FTIPX and VTEB Fidelity Total US Ind...
by WentzWagon
Wed Feb 28, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12802
Views: 2197810

Re: U.S. stocks in freefall

These daily swings a + 30 - 40 + 45 - 40 make zero sense to me.
by WentzWagon
Wed Feb 28, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12802
Views: 2197810

Re: U.S. stocks in freefall

I love how the market has just dropped off the ledge in the last few minutes of trading. Goes up huge one day and then down the same the next. What gives?
by WentzWagon
Mon Feb 05, 2018 3:50 pm
Forum: Personal Investments
Topic: Fidelity IRA to Roth IRA wait time?
Replies: 8
Views: 1169

Re: Fidelity IRA to Roth IRA wait time?

So I just transferred $5500 to my post tax IRA about 30 minutes ago. How long do I have to wait to transfer it to my Backdoor Roth IRA? I would like to deploy the $5500 today Deploying the money and doing the Roth conversion are two different issues. I say this because Fidelity will likely let you ...
by WentzWagon
Mon Feb 05, 2018 3:36 pm
Forum: Personal Investments
Topic: Fidelity IRA to Roth IRA wait time?
Replies: 8
Views: 1169

Fidelity IRA to Roth IRA wait time?

So I just transferred $5500 to my post tax IRA about 30 minutes ago.

How long do I have to wait to transfer it to my Backdoor Roth IRA? I would like to deploy the $5500 today
by WentzWagon
Tue Jan 23, 2018 2:10 pm
Forum: Personal Investments
Topic: New Year Check up - Any input
Replies: 12
Views: 1002

Re: New Year Check up - Any input

Input: Couldn’t you put more bonds and international in the tax-deferred and use only the 500 index in taxable? It would likely provide higher returns and be more tax efficient. Why a tech fund? There is plenty of tech in the S&P 500. This makes you overweight. JT I don't have any international fun...
by WentzWagon
Tue Jan 23, 2018 12:31 pm
Forum: Personal Investments
Topic: New Year Check up - Any input
Replies: 12
Views: 1002

Re: New Year Check UP - Any input

updated some totals after moving things around
by WentzWagon
Tue Jan 16, 2018 10:36 am
Forum: Personal Investments
Topic: Fidelity Equivalent of Vanguard Ltd Tx Ex
Replies: 4
Views: 491

Re: Fidelity Equivalent of Vanguard Ltd Tx Ex

Look at FTABX or you can actually trade and hold VTEB in your Fidelity for $4.95 transaction fee.
by WentzWagon
Thu Nov 30, 2017 4:58 pm
Forum: Personal Investments
Topic: New Year Check up - Any input
Replies: 12
Views: 1002

Re: Where Deploy Capital with Market being where it is?

Also I agree 80/20 seems reasonable for a 35 year old if these are all retirement assets. With the newborn, maybe put $50K of that sideline money into a 529 and by the time they are college age it may fully fund their education, or most of it. Also I assume you have a healthy emergency fund. I woul...
by WentzWagon
Thu Nov 30, 2017 2:51 pm
Forum: Personal Investments
Topic: New Year Check up - Any input
Replies: 12
Views: 1002

Re: Where Deploy Capital with Market being where it is?

I'd want growth assets in my Roth, and transition those bonds over to the 401k. Also would consider doing the same with bonds in Taxable, unless you need them near-term. I didnt have any more room in my 401K. I could always sell SLMCX Fund which crushed it the past 3 years and move to PTTRX then bu...
by WentzWagon
Thu Nov 30, 2017 2:31 pm
Forum: Personal Investments
Topic: New Year Check up - Any input
Replies: 12
Views: 1002

Re: Where Deploy Capital with Market being where it is?

IF you can decode those symbols other members will give you their point of view. As far as "market being were it is" . . . maybe you want to wait a few more weeks, here are some numbers for you, these are at the close of the market on November 8th, 2016: DOW: 18,332.74 S&P: 2,139.56 NAS: 5,193.49 S...
by WentzWagon
Thu Nov 30, 2017 2:03 pm
Forum: Personal Investments
Topic: New Year Check up - Any input
Replies: 12
Views: 1002

New Year Check up - Any input

Just updating my totals for the New Year here after moving things around. Still have a little bit to go on getting the right allocation. Age: 35 Income: 200K + 401K + company match Married filing jointly this year so 32% Tax Bracket. We also had a baby in Q4 of last year. Mortgage: 165K Left @ 2.75%...
by WentzWagon
Mon Oct 09, 2017 10:30 am
Forum: Personal Investments
Topic: Fidelity Taxable - Tax Exempt Bond Options? Short or Mid Term?
Replies: 51
Views: 6072

Re: Fidelity Taxable - Tax Exempt Bond Options? Short or Mid Term?

I bought my first chunk of VTEB ($55K) according to Option 2 Would it ever make sense to keep a portion in PTTRX (401K)+ VTEB in taxable .... Reason I ask is that would give me exposure to Muni's in taxable and Government Bonds in the 401K? Would it ever make sense to keep a portion of Bond - PTTRX...
by WentzWagon
Mon Oct 09, 2017 9:17 am
Forum: Personal Investments
Topic: Bonds in Both 401K and Taxable?
Replies: 9
Views: 1212

Re: Bonds in Both 401K and Taxable?

I believe, but am not sure, that grabiner has recommended munis in taxable for people in very high brackets, at least in high-tax states, because their stock distributions will end up being taxed pretty highly and thus attenuate the tax-efficiency most of us have from stocks in taxable. I am not su...
by WentzWagon
Wed Oct 04, 2017 10:33 am
Forum: Personal Investments
Topic: Bonds in Both 401K and Taxable?
Replies: 9
Views: 1212

Re: Bonds in Both 401K and Taxable?

The usual answer is that one buys munis in a taxable account only because one is forced to due to lack of space elsewhere and then munis because the tax situation so indicates. Are you asking if one should hold some munis as a diversification of assets? If so, that would not be a common view. I ask...
by WentzWagon
Wed Oct 04, 2017 10:31 am
Forum: Personal Investments
Topic: Bonds in Both 401K and Taxable?
Replies: 9
Views: 1212

Re: Bonds in Both 401K and Taxable?

Why would you want tax exempt munis in a 401k? Distributions from the 401k will be taxed as ordinary income removing the tax exempt feature of the muni. I don't...I want a portion of my total bond portfolio in Taxable account and a portion in my 401K. For instance, lets say I have $140,000 I need t...
by WentzWagon
Wed Oct 04, 2017 9:44 am
Forum: Personal Investments
Topic: Bonds in Both 401K and Taxable?
Replies: 9
Views: 1212

Bonds in Both 401K and Taxable?

Quite simply.. Would it ever make sense to keep a portion of Bonds in a 401K and then a portion of Muni's in Taxable (VTEB). In 33% Tax Bracket. It give me exposure to Tax Exempt Muni's in Taxable Account and Government Bonds in the 401K. So lets say 60-70% Bonds in 401K and then 40-30% Muni in Taxa...