The wife wants to pay off the home loan......$30k left and we own it. Now, I really like my wife but my view is another $15k on ARNA and $15k to Wells Fargo at 3.875% Interest. She made $52k in commissions for the last two months......after taxes (Ugggh) just enough to do the job. I think I will keep the wife happy.....Wells Fargo wins.
just buy more arna, forget about paying off the note of 30k with that low interest rate...cash is king dont give it to the bank....transfer your arna shares to a different account, that way it wont show up in the trust account and your wife wont be on your back..You can tell her later when arna is at 15-20, im sure she will forgive you.. Make sure that you put her name on the new account also or she will think you are trying to hide money from her..GL
The question all financial analyst look for. Where can I get the best rate of return on my(their) money! Since I just refi mortgage its under 3%, make me wonder why would I be in hurry to pay it off! House is well "above water" btw! GLTA Longs
I have always had a battle over ARNA stock with my wife. Many friends I talk with off the message board in e-mails know this. We own too much in our brokerage trust account making it out of balance to the portfolio model of investments. Most of our shares are held in a actively managed trust account and the trust has a model of investment allocations I.E Large Cap, Mid-Cap, Sm-Cap, Foreign, Growth, Income, all related to risk allocation,.........ARNA holdings make it out of balance to the model.
No FUD from me, been long 5 years. My real dilemma is I either have to sell most of my ARNA shares, or move the whole amount into a separate account to re-allocate ARNA Stock money amount out of the trust. My Wells Fargo Home Loan is at 3.875% interest.......going to pay it off instead of buying more ARNA........that's 3.875% in my pocket guaranteed. I guess why it is a dilemma for me, I see ARNA as a real buy opportunity at current prices.