Search found 741 matches

by Mrxyz
Tue May 01, 2012 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Accelerate payoff with refinance or HELOC
Replies: 14
Views: 1987

Re: Accelerate payoff with refinance or HELOC

I just closed on PenFed's 5 year HEL @ 1.99%. It was a refi; I used it to pay off my first-lien mortgage. You specify during the application process whether you will be paying off existing loans with the HEL proceeds. Joining PenFed is easy. Check the options, including "none of the above"...
by Mrxyz
Tue May 01, 2012 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Accelerate payoff with refinance or HELOC
Replies: 14
Views: 1987

Re: Accelerate payoff with refinance or HELOC

Thanks for the suggestions. Agree with maroon, the PenFed 5-year HEL may suit your needs well. For $190,000 at 1.99% over 5 years, your minimum monthly payment is ~$3,400. You can always pay more on top of that to pay it off sooner, if you want. Also, check your numbers. $190,000 at 3.75% with 9 yea...
by Mrxyz
Tue May 01, 2012 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Accelerate payoff with refinance or HELOC
Replies: 14
Views: 1987

Accelerate payoff with refinance or HELOC

3.75% mortgage over 9yrs of $190,000 of home worth $300,000. Current payments about $3400/month Plan to pay $3300/month extra towards principal to payoff mortage in 3 years. Which option is best or saves money 1. Go with this accelerated payoff 2. Refinance to a 5/1 ARM for lower interest (not sure ...
by Mrxyz
Sat Apr 28, 2012 11:17 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

My post received about 3 serious recommendations from YDNAL, KevinM and retiredjg. I was a little disappointed. You know that saying that it's the quality not the quantity that matters? :wink: I think what happens is that when other Bogleheads see that someone is getting decent advice, they don't f...
by Mrxyz
Sat Apr 28, 2012 4:57 am
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Thanks for your replies and your thoughts. I REALLY appreciate it. I am all for simplicity as in the past I have made too many financial mistakes and am wary to repeating them. I (finally, seem to) understand the bogle principle of simplicity in AA and placement. It took me some time but I also unde...
by Mrxyz
Thu Apr 26, 2012 2:40 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Awesome! I thank you in explaining this in detail. Yes I will reread the posts for better understanding. But you have already summarized them succinctly! It is also very interesting and revealing that I do not need to take more risk than tolerable or necessary. Almost feels disappointing that over 7...
by Mrxyz
Thu Apr 26, 2012 1:15 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Thanks a lot. Yes, this helps a lot. I appreciate your time and effort in replying with details. Despite what I have read (wiki, hours on forum threads, and recommended books) and what I have understood (hopefully most!), I still have a lot to learn and feel more ignorant than before. This backgroun...
by Mrxyz
Wed Apr 25, 2012 7:29 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

^Basically correct, except that I wouldn't necessarily move the entire amount in the IRA to CDs. I would need to do the math first, but you can do that . I would be comfortable putting most if not all of the fixed income allocation in the IRA into CDs, especially since you will be making new contri...
by Mrxyz
Sun Apr 22, 2012 11:43 pm
Forum: Personal Investments
Topic: Though Bogleheadism is in theory based on simplicity...
Replies: 24
Views: 2195

Re: Though Bogleheadism is in theory based on simplicity...

Perhaps I am not too smart, but it did take me about 3 weeks of reading and foraging through the forest , sorry forum, that I understood some of the most basic concepts of bogleheadism! And the journey has just begun!! Reminds me of a Zen saying; Mountains are Mountains The famous saying of Ch'ing-y...
by Mrxyz
Sat Apr 21, 2012 7:00 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Yes, I have read your blog and posts. Great site and lots of good information. But still in the end, the asset allocation matters and I was trying to figure out how it 'fits' with the framework that I understood based on prior recommendations. Blue =YDNAL's recommendations Red = Kevin M's recommenda...
by Mrxyz
Sat Apr 21, 2012 6:16 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

What retiredjg said, with these clarifications. Go with what you are comfortable with. This will make it more likely that you'll stick to your plan, which is much more important than the differences we've discussed above. As I said, I think TBM is fine, especially for simplicity, and definitely ins...
by Mrxyz
Fri Apr 20, 2012 7:11 pm
Forum: Personal Investments
Topic: Investing Efunds ($50G)
Replies: 29
Views: 2060

Re: Investing Efunds ($50G)

Thanks for all your thoughts and recommendations. But to get back to the question of bonds and their placement, I have some questions which will probably sound stupid to all the experienced and knowledgable investors out there but here goes...... -At present, interest rates are low and will eventua...
by Mrxyz
Fri Apr 20, 2012 3:12 am
Forum: Personal Investments
Topic: Investing Efunds ($50G)
Replies: 29
Views: 2060

Re: Investing Efunds ($50G)

Thanks for all your thoughts and recommendations. But to get back to the question of bonds and their placement, I have some questions which will probably sound stupid to all the experienced and knowledgable investors out there but here goes...... -At present, interest rates are low and will eventual...
by Mrxyz
Thu Apr 19, 2012 12:44 pm
Forum: Personal Investments
Topic: Investing Efunds ($50G)
Replies: 29
Views: 2060

Re: Investing Efunds ($50G)

You got it! Unlike livesoft , I rather have all capital gains and pay taxes than harvest a loss... it means that I made money, not lost money. :wink: Seriously, if you have to sell in Taxable and have losers (individual tax lots), it makes sense to sell the losers and get a tax brake while you are ...
by Mrxyz
Thu Apr 19, 2012 12:16 pm
Forum: Personal Investments
Topic: Investing Efunds ($50G)
Replies: 29
Views: 2060

Re: Investing Efunds ($50G)

I have decided to place my E fund into investments and make more money instead of CD (by taking more risk of course). Plan A = I have read the wiki and livesofts 'method' to have the efund within total portfolio and sell taxable (http://www.bogleheads.org/wiki/Placing_Cash_Needs_in_a_Tax-Advantaged...
by Mrxyz
Thu Apr 19, 2012 8:32 am
Forum: Personal Investments
Topic: I bonds vs. Tax-Exempt (Intermediate/ST/LimitedT)
Replies: 11
Views: 1602

Re: I bonds vs. Tax-Exempt (Intermediate/ST/LimitedT)

Thanks for your recommendations.
What if I am looking at 2 to 5 years from now in terms of returns....does that make the tax exempt funds or GNMA better that I bonds?
by Mrxyz
Wed Apr 18, 2012 5:17 pm
Forum: Personal Investments
Topic: I bonds vs. Tax-Exempt (Intermediate/ST/LimitedT)
Replies: 11
Views: 1602

Re: I bonds vs. Tax-Exempt (Intermediate/ST/LimitedT)

FINALLY I UNDERSTAND!! (Sounds stupid but its true.) Thanks a lot. I thought I understood but did not until now. So on a slightly different note. I have emergency funds which I want to place somewhere other than CDs; in order to earn higher interest. I posted a new topic with no clear answers. I am ...
by Mrxyz
Wed Apr 18, 2012 3:55 pm
Forum: Personal Investments
Topic: I bonds vs. Tax-Exempt (Intermediate/ST/LimitedT)
Replies: 11
Views: 1602

Re: I bonds vs. Tax-Exempt (Intermediate/ST/LimitedT)

In a high enough tax bracket, I would think you might be able to max out I Bonds and then add tax exempt. And don't underestimate the value of State tax free return of I-Bonds. But isn't it true that the Federal taxes rates are higher than state-tax rates.So the benefit of tax-exempt bonds are high...
by Mrxyz
Wed Apr 18, 2012 12:49 pm
Forum: Personal Investments
Topic: Investing Efunds ($50G)
Replies: 29
Views: 2060

Re: Investing Efunds ($50G)

But to my real questions; I have decided to place my E fund into investments and make more money instead of CD (by taking more risk of course). Plan A = I have read the wiki and livesofts 'method' to have the efund within total portfolio and sell taxable (http://www.bogleheads.org/wiki/Placing_Cash...
by Mrxyz
Wed Apr 18, 2012 2:47 am
Forum: Personal Investments
Topic: Investing Efunds ($50G)
Replies: 29
Views: 2060

Investing Efunds ($50G)

Yes, I know, I know. This is an old topic with lots of prior threads. But I think I have read them all - 13 pages of google site search on 'emergency funds' is probably enough. Firstly, thanks for all the threads, discussions and recommendations. Absolutely awesome! (So much to learn, so much to rea...
by Mrxyz
Mon Apr 02, 2012 11:35 am
Forum: Personal Investments
Topic: Pay toward 529 or pay off mortgage?
Replies: 9
Views: 926

Re: Pay toward 529 or pay off mortgage?

Why would you not invest in your state's 529 if they provide a state deduction? I understand Utah and Ohio have the best plans, but at 6.45% deduction should overshadow the benefits Utah offers. I chose Utah 529 as I had read about it being one of the best and also with some friend's recommendation...
by Mrxyz
Mon Apr 02, 2012 9:38 am
Forum: Personal Investments
Topic: Pay toward 529 or pay off mortgage?
Replies: 9
Views: 926

Re: Pay toward 529 or pay off mortgage?

I have posted this with a previous thread with little response. Thought a new thread/topic may give more opinions/recommendations... Thanks for reading and replying! Married filing jointly, 35% federal, 6.45% state taxes, have 3 kids 6, 8 and 10 yrs with 529 in place with Utah state. I get state ta...
by Mrxyz
Mon Apr 02, 2012 8:14 am
Forum: Personal Investments
Topic: Pay toward 529 or pay off mortgage?
Replies: 9
Views: 926

Pay toward 529 or pay off mortgage?

I have posted this with a previous thread with little response. Thought a new thread/topic may give more opinions/recommendations... Thanks for reading and replying! Married filing jointly, 35% federal, 6.45% state taxes, have 3 kids 6, 8 and 10 yrs with 529 in place with Utah state. I get state tax...
by Mrxyz
Sun Apr 01, 2012 12:29 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

1. Who is the 529 for? How old is the beneficiary and how much time until needed? 2. Questions in #1 helps decide if re-directing capital to the mortgage to payoff in 3 vs. 5 years makes sense. Your 3.75% interest cost, less tax deduction, is still costing you the net difference (out of pocket). 1....
by Mrxyz
Sat Mar 31, 2012 9:33 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Sorry I got the colors wrong, but the question is ; Search the Wiki for IPS - Investment Policy Statement. Your IPS can be as complex or as simple as you want. I think mine is 5 sentences. Yes, I am amazed at amount of excellent reviews, recommendations and advice on the boglehead site. And the IPS...
by Mrxyz
Sat Mar 31, 2012 9:01 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Thanks for the quick brief reply! [quote="YDNAL"][quote="Mrxyz"] I guess you can say I'm anti-words and pro-(writing) bullets (and getting to the point). Your situation can be as difficult/easy as it is made, but actually NOT too difficult. I'm debt-averse and if it makes financ...
by Mrxyz
Sat Mar 31, 2012 5:12 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

I typically don't look at others' suggestions since even two Bogleheads that believe in the same/similar principles to develop an AA can vastly differ based on the information before them. Also, some suggestions are (may be) offered without satisfying ourselves that we understand the full picture. ...
by Mrxyz
Fri Mar 30, 2012 6:46 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Thanks retiredjg for your comments and suggestions. I probably will change my portfolio to YDNAL's recommendations as it is so simple! I am trying to process a lot of new information and facts, so bear with me if I ask some obvious and perhaps stupid questions; 1. YDNAL's suggestions are 'different'...
by Mrxyz
Fri Mar 30, 2012 12:55 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

You are asking different questions than in your original post. Have those questions been answered? Did you go back and edit it and add questions? Thanks for pointing this out. I think, my initial query was woefully incomplete and thus there was poor response from forum members. I then changed questi...
by Mrxyz
Fri Mar 30, 2012 12:27 pm
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Thanks for all your time and patience! I really appreciate your feedback and recommendations 1. Emergency funds - So I should not think of making some money off the emergency funds by placing them in Short term bond VBISX (0.22%) or in GNMA fund VFIIX (0.23%) or in Short term tax exempt VWSTX(0.20%)...
by Mrxyz
Wed Mar 28, 2012 11:43 am
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Thanks for all the replies. Follow up updates and questions: I have been reading the recommended books and 'understand' a lot more but probably not enough! 403b and 457 are with TIAA CREF and in target retirement funds. I cannot transfer these to vanguard funds. Emergency funds ($40K), Vanguard ($20...
by Mrxyz
Tue Mar 20, 2012 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Luck or Hard Work
Replies: 59
Views: 8146

Re: Luck or Hard Work

"The advice I like to give young artists, or really anybody who’ll listen to me, is not to wait around for inspiration. Inspiration is for amateurs; the rest of us just show up and get to work. If you wait around for the clouds to part and a bolt of lightning to strike you in the brain, you are...
by Mrxyz
Fri Mar 16, 2012 12:07 am
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Re: Help with portfolio please.

Thanks for the replies. We really appreciate it. 1. Amount needed by retirement. I agree 4 M may be too much, but I was trying to be 'aggressive' in my savings as my youngest kid is 6 yrs old. 2. Your income and tax situation suggests to me that you SHOULD NOT BE USING target retirement NOR lifecycl...
by Mrxyz
Sun Mar 11, 2012 11:54 am
Forum: Personal Investments
Topic: Help with portfolio please.
Replies: 47
Views: 4425

Help with portfolio please.

Emergency funds = $40,000 in Ally CD 4yr. Debts = Home $200,000 at 3.75% over 9 years Car $30,000 at 1.99% over 4 years Tax Filing Status = Married filing jointly, with 3 children Tax Rate =35% Federal 6.45% State Age= 46 yrs Desired Asset allocation= 60% stocks/ 40% bonds (Not sure of the ratio) Ri...
by Mrxyz
Thu Mar 08, 2012 2:56 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3100
Views: 1951246

Re: The Three Fund Portfolio

"Addendum: * Place Total Bond Market in a tax-deferred account. * In taxable accounts, high-income investors may substitute a tax-exempt bond fund for Total Bond Market." I have the 3 fund portfolio along with other investments but they are mutual funds only. Q1. Can someone please explai...
by Mrxyz
Wed Mar 07, 2012 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for physician. Please advice
Replies: 13
Views: 1394

Re: Disability insurance for physician. Please advice

Also regarding Retirement protrection; my agent told me that

It has a 6 month waiting period (like you mentioned),
Has a limit of paying $34,000/year of IRA,
Has to be ANY occupation and not own occupation.

And costs $1000 more per year

Do you think if it worth it??
by Mrxyz
Wed Mar 07, 2012 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for physician. Please advice
Replies: 13
Views: 1394

Re: Disability insurance for physician. Please advice

"It is somewhat of a secret as they don't want everyone that applies signing up with the association just to get the discount, otherwise they would stop offering it." Really!! That does not add up. I guess they do not want the 90%of the DI money(premiums) to give the 10% discount!! I mean,...
by Mrxyz
Wed Mar 07, 2012 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for physician. Please advice
Replies: 13
Views: 1394

Re: Disability insurance for physician. Please advice

What specific association? Is this something secret or unmentionable? I will definitely ask my agent about this. But knowing which association it is would help. Thanks for the RPP rider information. I plan to drop the catastrophic to half coverage ($4000/mo coverage) to reduce cost and try to add th...
by Mrxyz
Wed Mar 07, 2012 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for physician. Please advice
Replies: 13
Views: 1394

Re: Disability insurance for physician. Please advice

Thanks for the quick responses. I appreciate it. 1. Overinsured- I agree with your responses and I am not overinsured if I get disabled and cannot work. 2. Best Company - Agree the Guardian has the best policy and wording which eventually matters (if disabled). I have read DI on whitecoatinvestor si...
by Mrxyz
Wed Mar 07, 2012 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for physician. Please advice
Replies: 13
Views: 1394

Disability insurance for physician. Please advice

Hi M/46yr physician DI from Berkshire, Class 5, true own occupation 12,200$/mo taxfree, 90 day waiting period, costs $8535/year, includes future increase option, COLA, catastrophic coverage, and residual benefit, upto age 67. This is an individual policy in addition to group DI from work which cover...
by Mrxyz
Wed Feb 29, 2012 7:24 am
Forum: Personal Investments
Topic: Help with financial planning please
Replies: 4
Views: 643

Help with financial planning please

Updated portfolio questions : Emergency funds = $40,000 in Ally CD 4yr. Debts = Home $200,000 at 3.75% over 9 years Car $30,000 at 1.99% over 4 years Tax Filing Status = Married filing jointly, with 3 children Tax Rate =35% Federal 6.45% State Age= 46 yrs Desired Asset allocation= 60% stocks/ 40% b...