Search found 332 matches

by mortfree
Fri May 26, 2017 6:19 am
Forum: Personal Consumer Issues
Topic: Sell 2015 Subaru or Keep?
Replies: 39
Views: 3163

Re: Sell 2015 Subaru or Keep?

So I test drove a Toyota Camry and Subaru Legacy. Both are 2014 Certified. I really like the Subaru Legacy much better and the Subaru dealer is willing to give me more money on my trade. The certified 2014 Subaru Legacy base model w/ 50k miles is coming to $15k out the door. Thoughts? I think you a...
by mortfree
Thu May 25, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Almost 30 - where do I start with my IRA?
Replies: 5
Views: 383

Re: Almost 30 - where do I start with my IRA?

3. most here believe ASAP; no need to wait. you have 30 years or more for your money to grow. 4. You and a lot of other people who come here are holding out for that next correction - you won't recognize it when it happens so don't even think about it. 5. IPS - Investment Policy statement may get yo...
by mortfree
Thu May 25, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage or Refinance & Invest - Specific Scenario
Replies: 5
Views: 178

Re: Mortgage Refinance or Invest - Specific Scenario

In 10 years will there be a chance that you'll be preparing for college payments for the little ones?

That might derail your mortgage plan.

Personally I wouldn't go from 11 years to 30 years but that's me - YMMV
by mortfree
Wed May 24, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Trying to pay off student loans
Replies: 25
Views: 2317

Re: Trying to pay off student loans

Possibly this will get deleted: When I was a young person, it didn't happen that people graduated from college with monstrous debt that it would take them the rest of their working life to pay off. Some people worked their way through college, some got scholarships, some borrowed money, some a comb...
by mortfree
Tue May 23, 2017 4:16 am
Forum: Investing - Help with Personal Investments
Topic: Investing Strategy
Replies: 11
Views: 1364

Re: Investing Strategy

It's tough to manage the apple portion because all the stock does is go up (and down on occasion-recent run was $135 to $90 to $153) and pays very nice dividends. And when you work for them and receive stock compensation they are just making it even harder. There could be worse stocks to hold or be ...
by mortfree
Mon May 22, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Zacks says sell Wellesley!?
Replies: 67
Views: 6364

Re: Zacks says sell Wellesley!?

that's scary- I have 40% of my retirement savings in Wellesley. Age 40.


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by mortfree
Mon May 22, 2017 6:57 pm
Forum: Personal Consumer Issues
Topic: What to do w/ $60k Lump Sum?
Replies: 33
Views: 2199

Re: What to do w/ $60k Lump Sum?

I'd keep the car too.

You're -2k if you get 24k towards your 26k loan.

Then add 15k plus tax and tags and you are probably at a loan that is just a few thousand less than your current loan. (15+2+2?= 19k)
by mortfree
Mon May 22, 2017 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA with Vanguard Now what
Replies: 12
Views: 1044

Re: Roth IRA with Vanguard Now what

This would be good for your Roth


Vanguard LifeStrategy Growth Fund (VASGX)

80% stock/20% bonds.

Need to start with $3000 minimum.

Done!
by mortfree
Mon May 22, 2017 4:31 pm
Forum: Personal Consumer Issues
Topic: Luxury Vinyl: Educate Me
Replies: 15
Views: 2083

Re: Luxury Vinyl: Educate Me

i have the Karndean brand LVT in my family room - it has held up well to my great dane as this is his main living area.

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by mortfree
Mon May 22, 2017 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends Reinvested?
Replies: 10
Views: 555

Re: Dividends Reinvested?

are you using vanguard or fidelity or both? do you want to know where to go on the website to turn them on/off? Using both - my Roth is with Vanguard and my 401k is with fidelity brokerageLink Yep that's what I'm trying to figure out - how to turn them on/off. Since I have only been in these funds ...
by mortfree
Mon May 22, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends Reinvested?
Replies: 10
Views: 555

Re: Dividends Reinvested?

are you using vanguard or fidelity or both?

do you want to know where to go on the website to turn them on/off?
by mortfree
Mon May 22, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: To auto loan or not to auto loan?
Replies: 23
Views: 1296

Re: To auto loan or not to auto loan?

Car manufacturers offer a better rate. why go through Bank of America? Honda will give you 1.9% (maybe 0.9%) - EDIT: didn't see anything listed for the Pilot, strange. Acura - 1.9% for 36 months on a MDX GMC Acadia Limited - 0% for 72 months. GMC Acadia - 2.9% for 60 months. so maybe BofA isn't a ba...
by mortfree
Mon May 22, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: What to do w/ $60k Lump Sum?
Replies: 33
Views: 2199

Re: What to do w/ $60k Lump Sum?

I'm not understanding why you would need an appraisal to remove PMI.

I understand what the appraisal is for and how the math works.

I could see if you couldn't come up with enough cash to get to say 79% LTV where the bank should remove the PMI.

anyways, I'd focus on removing the PMI
by mortfree
Mon May 22, 2017 7:43 am
Forum: Investing - Theory, News & General
Topic: Refinance Mortgage From 30 to 15 OR Invest?
Replies: 33
Views: 2635

Re: Refinance Mortgage From 30 to 15 OR Invest?

You're correct. I haven't resided in this home in about 5 years with no plans to move back in unless the military relocates us back to the area I don't see the need to refi an investment property. If it were your primary home then refi would be a good choice. Let the investment property rental pay ...
by mortfree
Sun May 21, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: Sell 2015 Subaru or Keep?
Replies: 39
Views: 3163

Re: Sell 2015 Subaru or Keep?

Invest the $15k (or some of it) and keep the car.




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by mortfree
Sat May 20, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k options
Replies: 14
Views: 763

Re: Fidelity 401k

Since you are in a target fund this may not apply. My employer has always had fidelity. I don't use target funds. Over the years funds I was invested in would be taken out of the plan. So I was forced to sell. Recently they allowed us access to Brokerage Link. I moved my money into there and am inve...
by mortfree
Sat May 20, 2017 7:00 pm
Forum: Personal Consumer Issues
Topic: 2nd car for long commute
Replies: 15
Views: 1659

Re: 2nd car for long commute

Keep both cars and stick with your plan.

I've done the same for 17 years. Now I have an SUV and a sedan.

However I also was more cautious on other areas of my expenses to allow for two vehicles.
by mortfree
Wed May 17, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5556

Re: Convince me to get back into stocks!

just do it...

otherwise plan to work up until lunch on the day of your funeral.

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by mortfree
Wed May 17, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Help, pay off house or invest?
Replies: 34
Views: 2400

Re: Help, pay off house or invest?

4. Why pay off car before house? Eventhough car interest rates are lower? Paying off the car is the easy thing to do... depreciating asset argument prevails; it's money you could be investing instead of having a monthly payment. Legit, but.... I paid off my house 1 year ago and still had a car loan...
by mortfree
Wed May 17, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Help, pay off house or invest?
Replies: 34
Views: 2400

Re: Help, pay off house or invest?

I'm going to guess your multiplier is 2... this is based on assuming a 30k car loan. am I right?? It's like me saying my net worth is $7; figure out the real multiplier. you should have used real numbers. I wouldn't pay off the car... I wouldn't chase Apple stock right now. You're just seeing your f...
by mortfree
Mon May 15, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor!!
Replies: 6
Views: 526

Re: New Investor!!

Also look into the savers credit for your tax return. You might qualify for that
by mortfree
Mon May 15, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: Scolded by my adviser at F******* ! [Fidelity]
Replies: 23
Views: 3831

Re: Scolded by my adviser at F******* !

I assume that nothing is private, especially online surveys. Exactly - reminds me of the emails I get for reviews. Your answers will remain anonymous or combined with others. Please click on the link below which is specifically just for you ... really?? Later on - the results of the survey indicate...
by mortfree
Mon May 15, 2017 3:49 pm
Forum: Investing - Theory, News & General
Topic: Scolded by my adviser at F******* ! [Fidelity]
Replies: 23
Views: 3831

Re: Scolded by my adviser at F******* !

I see this with the service department where I get my vehicle serviced... I don't bother to do the surveys just b/c I can't bring myself to give anyone 100% all of the time. For any company to expect 100% satisfaction each and every time is comical... Do they truly believe they have no room for impr...
by mortfree
Sun May 14, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to pay off student loans
Replies: 25
Views: 2317

Re: Trying to pay off student loans

If the intent was to pay off one of the loans in full and you provided specific instructions with that payment (which they did not follow) then I would call and get it corrected. Especially if you have two separate monthly payments for each loan Welcome to the shady world of student loans. Always en...
by mortfree
Sat May 13, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Opportunity Cost: pay off student loan 3% or save for down payment 4%+ mortgage
Replies: 6
Views: 584

Re: Opportunity Cost: pay off student loan 3% or save for down payment 4%+ mortgage

How about putting $20k/ year towards the student loans. Then they'd be gone in 3 years or less. I always approached debt using a chip away at it approach. But also balanced savings too so I didn't fall behind.

You're on another level financially so my basics advice may not apply.
by mortfree
Sat May 13, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Setting a periodic transfer / Dealing with a fiscal beggar
Replies: 26
Views: 2476

Re: Setting a periodic transfer / Dealing with a fiscal beggar

Apply for a new credit card with a low credit amount. Say $1000.

Then add the relative as a user of the card.

I get the impression that distance is an issue here too.
by mortfree
Sat May 13, 2017 6:21 pm
Forum: Personal Consumer Issues
Topic: Help convince me it's okay (or not): new vehicle
Replies: 30
Views: 2458

Re: Help convince me it's okay (or not): new vehicle

Why will
Insurance and registration increase that much?

Maybe it's where you live???
by mortfree
Sat May 13, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Halfway to retirement with $80,000 to invest (or not?)
Replies: 11
Views: 978

Re: Halfway to retirement with $80,000 to invest (or not?)

1. Payoff the credit card. 1&3 if you're holding the S&P 500, to "diversify" you could start investing in total stock market (VTI, VTSAX) in Roth or taxable and maybe international (VXUS VTIAX) in taxable 2. could be good for bond funds (tax inefficient funds). Maybe even Balanced ...
by mortfree
Sat May 13, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Payoff Plan
Replies: 7
Views: 527

Re: Debt Payoff Plan

SL3 or SL1 immediately (whichever has the higher monthly payment) SL1 or SL3 based on above (snowball payment) SL2 Mortgage Car loan by natural payoff in 2 years. If I knew your monthly payments for each student loan, then my answer might be different on the student loans. But car loan is absolutely...
by mortfree
Thu May 11, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: Does a new car purchase make sense?
Replies: 38
Views: 2485

Re: Does a new car purchase make sense?

If the "unsafe" car is paid off why not just designate that as the commuter only car and pickup a 3rd vehicle?

when the unsafe car is no longer usable you won't need to worry about replacing it. Gives you a few more years of use out of it.

I haven't seen anyone suggest that.
by mortfree
Thu May 11, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track? [Portfolio help]
Replies: 3
Views: 600

Re: Am I on track?

why not just finish your 2017 Roth Contribution today/tomorrow? Is your EF part of your savings and checking? or do you have another bucket of money for that? what's the 138k savings for - house? If not, consider investing that in taxable following a 3-fund investment across all accounts (bonds not ...
by mortfree
Thu May 11, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: What do I do with 2018 Roth IRA money today?
Replies: 13
Views: 1366

Re: What do I do with 2018 Roth IRA money today?

are you married? If so, Spousal IRA contribution

kid(s)? 529

HSA?

otherwise taxable investment is a good choice.
by mortfree
Tue May 09, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 2897

Re: Are we doing better now?

Thanks mortfree. With our maxed out Roths and with current 401K contribution rates, we are sitting at 15% of gross monthly income going towards retirement. Obviously, more is better, but is 15% considered not enough? Here's one I found by googling "retirement benchmarks" 1.4 times their a...
by mortfree
Mon May 08, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 2897

Re: Are we doing better now?

I wouldn't be in a hurry to pay off the car loans. You seem to have them under control. Total interest for each is probably around $1200 or so, plus/minus. I think your 401k contributions could be much higher, like 10% minimum. That's where the cash savings could be put to use to cover any cash flow...
by mortfree
Mon May 08, 2017 8:18 pm
Forum: Investing - Theory, News & General
Topic: Buffett/IBM
Replies: 73
Views: 5855

Re: Buffett/IBM

I agree with the idea that if Mr. Buffet's opinion carries weight, why not own his stock instead of IBM stock? As to whether he would invest more, or sell a position, he was equally non-committal.. I don't understand many things.. but got the sense he would not, or could not comment on future posit...
by mortfree
Mon May 08, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: all cash vs. HELOC vs mortgage
Replies: 7
Views: 821

Re: all cash vs. HELOC vs mortgage

i would do some math with what you know. Cash Savings Cost of Solar Panels Desired Cash Cushion that leaves you with Cash remaining for Home Purchase. is there a minimum amount you can borrow from a mortgage lender? You might need to take that into consideration. I'm going to guess that some here mi...
by mortfree
Mon May 08, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 71
Views: 7104

Re: How do Bogleheads buy cars?

surfstar wrote:Assuming the subject was riddle, my answer was "infrequently."



exactly....

my original answer was going to be "with cash"

but I haven't achieved boglehead status.
by mortfree
Mon May 08, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase question
Replies: 22
Views: 2086

Re: Home purchase question

Sounds like no matter what, this next home is going to be a loss for you (transaction costs, interest paid, upgrades, basic furnishings, property taxes, and very little potential for increase in home price). At least there is a healthy salary to have that luxury and you just need to realize that thi...
by mortfree
Sun May 07, 2017 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Buying vacation home
Replies: 29
Views: 3341

Re: Buying vacation home

I don't know this for sure so research it... when I was debating on a vacation place, during all of my reading, etc I seem to recall that if you want to rent it out and claim it as a rental property, you are not allowed to stay there for more than 2 weeks during the year (or whatever the time period...
by mortfree
Sun May 07, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 71
Views: 7104

Re: How do Bogleheads buy cars?

Anyway, brand new cars are off the table (yes?) because they are not a good value. Better to buy 1-2 years old, certified from the dealer with solid warrantys. Does this line of thinking make sense? Also, I don't know if I want to spend all $20-25k in one shot. I may prefer to finance with the deal...
by mortfree
Sun May 07, 2017 4:40 pm
Forum: Investing - Theory, News & General
Topic: Are etfs riskier than their corresponding mutual funds ?
Replies: 13
Views: 878

Re: Are etfs riskier than their corresponding mutual funds ?

I've had various ETFs since 2004 (SPY, IYE, IBB, IYK), well before I heard of bogleheads. I don't think they are anything special or very different. I can buy into a ETF fund and don't need to initially have $3000 to do so. Back then a big initial investment to me was $1000 at a time. I like that I ...
by mortfree
Sun May 07, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Are we all forgetting our taxable accounts?
Replies: 79
Views: 9643

Re: Are we all forgetting our taxable accounts?

Not here... I just opened my 2nd taxable investing account on Friday... with Vanguard this time. Getting ready to load up on VTI (yes, the evil ETF) - figuring 20 shares every 2-3 months is a decent amount/frequency to buy... then when the market crashes I can watch it all go down the drain... and k...
by mortfree
Sat May 06, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Our Planned Changes
Replies: 5
Views: 711

Re: Thoughts on Our Planned Changes

What's the monthly payment on the student loan?

Any plans to pay that off in the near future?

I have a similar amount/rate for a car loan that I've decided not to payoff. Just curious about your situation here.
by mortfree
Sat May 06, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: A few Questions from a young investor.
Replies: 19
Views: 1180

Re: A few Questions from a young investor.

80/20 stock/bond to 70/30 stock/bond.

You could sell some shares of the stock fund and use that to purchase more bond shares to achieve 70/30.

You could also use new money to add more bond shares to get you to the 70/30 without having to sell.
by mortfree
Sat May 06, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Signed up with 2 Advisors - Need Feedback, My Questions
Replies: 30
Views: 1539

Re: Signed up with 2 Advisors - Need Feedback, My Questions

Do you expect your investments to gain $2400 per year? If so, then you just broke even with advisor 2. Something to think about. If your investments lose money you are still paying that fee. I followed your other thread as it was progressing but now it seems you have made it even more complicated. I...
by mortfree
Fri May 05, 2017 7:51 pm
Forum: Investing - Theory, News & General
Topic: Buffett/IBM
Replies: 73
Views: 5855

Re: Buffett/IBM

Sold my 20 shares today after holding since 2008 or so. I've been contemplating this for a while and am probably 2 years late on the move. Oh well. Opened a vanguard taxable today and will be buying VTI soon. As for OP. Manage your gains but also realize that the stock could drop further and so will...
by mortfree
Fri May 05, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Investing 25k using DCA
Replies: 13
Views: 858

Re: Investing 25k using DCA

How old are you?

Did you max your Roth IRA? Assuming you qualify to

Did you max your 401k or equivalent?

Is 25k a lot of money for you?

Lump sum of 25 k might be easiest. Or spread DCA over a longer period. Otherwise 15 weeks isn't that long. IMO
by mortfree
Fri May 05, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Investing in Vanguard's Wellesley Income fund for 10 years to buy car
Replies: 21
Views: 2719

Re: Investing in Vanguard's Wellesley Income fund for 10 years to buy car

first, you'll need $3,000 to start with to get VWINX. I've held that fund since 2014 and according to my investment site, I am up $21. though I think I'm up closer to $350 based on current value versus what I remember putting in; I believe they include the reinvestment of dividend/capital gains in m...
by mortfree
Thu May 04, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: How does Fidelity make money if I hold Vanguard funds in my account?
Replies: 9
Views: 1831

Re: How does Fidelity make money if I hold Vanguard funds in my account?

Fidelity will charge upwards of $75 +/- when you buy shares of a Vanguard fund - I can't recall if you're charged when you sell too.


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by mortfree
Thu May 04, 2017 5:29 pm
Forum: Forum Issues and Administration
Topic: My notifications are -1
Replies: 11
Views: 1453

Re: My notifications are -1

stay the course. do not panic post





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