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Re: Oatmeal suggestions

Nature's Path Organic variety pack from Costco. Has 32 packets with 4 different favors - Apple Cinnamon, Flax Plus, Optimum Blueberry, and Maple Nut.
by viking112347
Tue Sep 30, 2014 4:34 pm
 
Forum: Personal Consumer Issues
Topic: Oatmeal suggestions
Replies: 87
Views: 2647

Re: Defined Benefit vs. Defined Contribution

Also realize that Illinois teachers don't participate in Social Security.

http://trs.illinois.gov/press/reform/ss_why.htm
by viking112347
Mon Mar 31, 2014 8:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Defined Benefit vs. Defined Contribution
Replies: 10
Views: 949

Re: Is [this] a stupid idea? - Extreme mortgage payoff

After giving it some thought I have decided to continue to max out all tax-deferred space (401K,ROTH). However, still wanting to accelerate the payoff of my mortgage which of the options below would be preferred: 1) Kickstart mortgage payoff with initial 40,000 principal payment (leaving ~50,000 for...
by viking112347
Tue Feb 19, 2013 8:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is [this] a stupid idea? - Extreme mortgage payoff
Replies: 40
Views: 4529

Re: Is [this] a stupid idea? - Extreme mortgage payoff

Thanks for the comments. To clarify I have 80000 outside of an emergency fund. I wasn't planning on using my EF towards mortgage!

I am going to take a much less radical approach in paying down mortgage with goal of having it gone before 2020.
by viking112347
Tue Feb 05, 2013 12:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Is [this] a stupid idea? - Extreme mortgage payoff
Replies: 40
Views: 4529

Is [this] a stupid idea? - Extreme mortgage payoff

I am one year into a 30 year 3.625% mortgage which has a balance of 365,000 (house valued around 520,000). I work in the defense/intel industry which is somewhat under attack with sequestration and other budget pressures. I am working under a contract that is guaranteed thru end of 2014 but who know...
by viking112347
Mon Feb 04, 2013 5:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is [this] a stupid idea? - Extreme mortgage payoff
Replies: 40
Views: 4529

Which mortgage paydown method would you recommend?

I have a mortgage balance of 370,000, 3.625% fixed for 30 years. I have no other debts, fully fund 401K and Roth IRA, and have 12 months worth of cash/savings bonds which act as my emergency fund. I have approx 1500-2000 extra each month that I was considering throwing at the mortgage. Not sure if I...
by viking112347
Sat Sep 08, 2012 10:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Which mortgage paydown method would you recommend?
Replies: 11
Views: 1763

Re: Pay off mortgage because it FEELS good?

Given the state of our economy I think it is a very safe bet that interest rates will push much higher within the next decade. It is extremely likely that even FDIC insured accounts (CDs) will be paying at a higher interest rate (and possibly much higher) than the sub-4 mortgage rates that are avail...
by viking112347
Mon May 28, 2012 12:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage because it FEELS good?
Replies: 125
Views: 7469

Mortgage Recasting

I refinanced a couple months ago to a 30 year fixed at 3.625% for 370,000. My loan was sold to US Bank and I noticed that they give the option to recast your mortgage whevener you make a principal payment of at least 10% of balance. I was thinking about occasionally (maybe every 2-3 years) plopping ...
by viking112347
Thu May 24, 2012 7:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recasting
Replies: 4
Views: 1232

NWFCU 5% Certificate - Northern Va

FYI - For those living in Northern Virginia. Through May 31st new members opening accounts at the Gainesville, Va branch can open a 5% certificate for a 5 month term for up to $100,000.
by viking112347
Tue May 22, 2012 8:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: NWFCU 5% Certificate - Northern Va
Replies: 0
Views: 252

Re: Payoff 401K loan early?

Great...thanks for the replies!...I will continue re-paying on the slow schedule.
by viking112347
Tue May 01, 2012 11:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff 401K loan early?
Replies: 18
Views: 13090

Re: Payoff 401K loan early?

Even though I am paying the interest rate to myself?
by viking112347
Tue May 01, 2012 10:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff 401K loan early?
Replies: 18
Views: 13090

Payoff 401K loan early?

I owe $12,000 on a 401K loan I made several years ago while purchasing my first home. I am re-paying the loan to my account with 5.75% interest. The repayment amount is $250 per month and the loan will be retired in 2017 if I continue to make scheduled payments. Would it be recommended to payoff thi...
by viking112347
Tue May 01, 2012 9:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff 401K loan early?
Replies: 18
Views: 13090

Classic debt repayment vs invest scenario

Non-Mortgage Debt: Wife student loan: 12,900 left at 3% fixed 2011 CR-V: 16,000 left at .9% Mortgage: 372000 (30 year fixed 3.625%) Emergency Fund: 46,000 cash (earning .5% at bank) + 25,000 I-Bonds Taxable investments at Vanguard: 20,000 Roth IRA: 22,000 401K: 250,000 529: 14,000 Household income: ...
by viking112347
Fri Apr 27, 2012 9:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Classic debt repayment vs invest scenario
Replies: 4
Views: 551

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