Search found 6 matches

by gizmo
Sun Oct 22, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: FY17 Unused Dependent Care Funds
Replies: 2
Views: 276

Re: FY17 Unused Dependent Care Funds

I think the child care needs to be so that the parents can do work (though I suppose that can be broadly interpreted). If the grandparents babysat the kid(s) so you and your wife could go out on a date, that isn't in the spirit of the flexible spending provision. Agree 100% on this. I ought have be...
by gizmo
Sun Oct 22, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: FY17 Unused Dependent Care Funds
Replies: 2
Views: 276

FY17 Unused Dependent Care Funds

Whoops - with a little over two months to go, my wife and have realized an additional impact of changing our child's school and pre-school/kindergarten assignment. Last year we elected to have $5,000 put into a dependent care account as one of our children would have been in pre school at a private ...
by gizmo
Thu Apr 20, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Keep Mortgaged Home For Rental Property - Equity In ROI?
Replies: 14
Views: 1385

Re: Keep Mortgaged Home For Rental Property - Equity In ROI?

EDIT: Sorry, based on last post I see what you're getting at. Unless you plan to put the profit in bonds/CDs etc, you have no way of knowing what your return will be. Real estate, too, has downside risk. But if you do your due diligence (see what the market will bear in terms of rent) you will have...
by gizmo
Thu Apr 20, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Keep Mortgaged Home For Rental Property - Equity In ROI?
Replies: 14
Views: 1385

Re: Keep Mortgaged Home For Rental Property - Equity In ROI?

I am flummoxed though on how to consider the equity when calculating rental ROI. Is this a sunk cost that is immaterial? Is the "cost" of starting it as a rental the opportunity cost of not selling the home? I am not entirely sure what question you are asking. Why do you care what the ROI is? I am ...
by gizmo
Thu Apr 20, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Keep Mortgaged Home For Rental Property - Equity In ROI?
Replies: 14
Views: 1385

Keep Mortgaged Home For Rental Property - Equity In ROI?

Honestly rather struggling on how to best articulate my question - fingers crossed what is below at least gets the ball rolling. --- Family and I are currently exploring the possibility of purchasing a new home. While our current home could be sold to free up cash, it could also be used as a short t...
by gizmo
Mon Mar 13, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: How Many Contribute To A Retirement Fund But Never Invest
Replies: 21
Views: 2742

Re: How Many Contribute To A Retirement Fund But Never Invest

Complicit in this for about six months during my first relatively well paying job. Dropped funds into a Chase IRA for a series of account sign up bonuses - several months later at tax time I was going through paperwork, and found the funds were still safe and sound, and at the exact same value, in a...