Search found 1558 matches

by mortfree
Sun May 26, 2019 8:33 pm
Forum: Personal Investments
Topic: Keep cash in a HYSA or taxable account for house down payment?
Replies: 4
Views: 370

Re: Keep cash in a HYSA or taxable account for house down payment?

How much do you think you will need for the down payment?

Can you save that amount in the next 4-8 years?

If so go ahead and invest what you have saved so far and start over. Otherwise don’t put the money at risk.
by mortfree
Sun May 26, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Debt vs Savings
Replies: 16
Views: 882

Re: Debt vs Savings

The credit card debt is kind of an emergency with the 11% rate. How much is the car payment and how much longer until that is paid off? My initial thought was to put 2k towards the credit card debt. But if there is a good amount freed up per month by paying off the car I would consider using the 3k ...
by mortfree
Sun May 26, 2019 12:02 pm
Forum: Personal Investments
Topic: Debt Free! Need Help to Develop New Game Plan
Replies: 5
Views: 453

Re: Debt Free! Need Help to Develop New Game Plan

That’s a lot of “I” in the OP.

When I got to the 529 question I had to re-read the post.

I’ll assume married with a stay at home spouse. So no daycare needed. Otherwise that will eat up a lot of your monthly paycheck.

Good job on paying off the house later this summer.
by mortfree
Sat May 25, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 40
Views: 3562

Re: “Upsizing” are we foolish?

Wow. No mortgage and you spend 105k out of 135k??
by mortfree
Sat May 25, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: "Investing in Total Markets"
Replies: 45
Views: 4379

Re: "Investing in Total Markets"

All good except those darn dividends.....
by mortfree
Sat May 25, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Will my checks work?
Replies: 26
Views: 1757

Re: Will my checks work?

I’ve been writing checks that have my old address for the last year and a half. One check to go until my new checks with the right address.
by mortfree
Sat May 25, 2019 9:54 am
Forum: Personal Consumer Issues
Topic: Am I a sucker to pay for a new roof?
Replies: 24
Views: 2230

Re: Am I a sucker to pay for a new roof?

Are you a qualified expert on determining roof damage?

Did the roofer identify any damage to the roof that would be “storm related”? You may want to ask.

That should give you peace of mind with your decision.
by mortfree
Thu May 23, 2019 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: PA 529 thoughts
Replies: 13
Views: 870

Re: PA 529 thoughts

Use Enrollment Code: MAY529DAY
Expires 05/31/2019
*For the PA 529 Guaranteed Savings Plan. Enrollment in the PA 529 Investment Plan is free.
by mortfree
Wed May 22, 2019 2:38 am
Forum: Personal Finance (Not Investing)
Topic: What would you do - Large Commission (Bonus)
Replies: 23
Views: 1956

Re: What would you do - Large Commission (Bonus)

Note: $19k for 401k and $6k for Roth. Great observation above about a Roth for your wife. Initially I was going to say 100k or so to the mortgage but you live in CA. From what I have read on here I believe that is a non-recourse (?) state so that is something to consider before putting more money to...
by mortfree
Tue May 21, 2019 7:43 pm
Forum: Personal Investments
Topic: Advice on Windfall
Replies: 17
Views: 1910

Re: Advice on Windfall

Payoff the mortgage.

If you increase your retirement contributions you may be eligible for the savers credit. Google that and see if it still exists and if you qualify.

Remaining 110k cash goes to an online account paying 2% or so.
by mortfree
Mon May 20, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 170
Views: 8383

Re: Should I encourage my kids to work in high school/college?

Summer jobs are good enough if they have transportation.

Otherwise their job right now is to be a kid and do well in school.

If that doesn’t fit their personalities then maybe they can start working now.
by mortfree
Mon May 20, 2019 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my student loans early?
Replies: 22
Views: 2056

Re: Should I pay off my student loans early?

Pay off the student loans.

Good job!

Note: I assumed (correctly) that the “us money” was solely yours.
by mortfree
Mon May 20, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 111
Views: 8311

Re: Selling home- Demanding Buyer (Repairs)

This all sounds painful.

I just hope the buyer doesn’t have your phone or email address because I’ll guarantee you’ll hear from him after the sale too
by mortfree
Sun May 19, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit union for mortgage?
Replies: 26
Views: 1566

Re: Best credit union for mortgage?

+1 for PSECU if you are eligible. I had a Mortgage with them from 2006-2016 (refi in 2008 and 2013) payoff in 2016. New house, new mortgage with them starting in Dec 2017. Easy payment method (online or automatic) and they handle extra payments correctly each and every time. How's the loan applicat...
by mortfree
Sun May 19, 2019 4:29 am
Forum: Personal Finance (Not Investing)
Topic: Best credit union for mortgage?
Replies: 26
Views: 1566

Re: Best credit union for mortgage?

+1 for PSECU if you are eligible.

I had a Mortgage with them from 2006-2016 (refi in 2008 and 2013) payoff in 2016.

New house, new mortgage with them starting in Dec 2017.

Easy payment method (online or automatic) and they handle extra payments correctly each and every time.
by mortfree
Fri May 17, 2019 6:21 pm
Forum: Investing - Theory, News & General
Topic: Invest or Payoff Home
Replies: 38
Views: 2818

Re: Invest or Payoff Home

Another way to look at it. If you were buying this house today would you unload all of your cash into the house and tie up your money in an illiquid asset. Is everything with this house “in order” such as the roof, appliances, HVAC, flooring, exterior, etc? Hate to see you have to borrow money if so...
by mortfree
Wed May 15, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 126
Views: 7503

Re: Did you buy the 600+ dip last week ?

Yes. I was able to buy 2.7 shares instead of 2.5 shares because of the dip.

Yawn....
by mortfree
Tue May 14, 2019 6:24 pm
Forum: Personal Investments
Topic: Delete
Replies: 18
Views: 3677

Re: 30 years old, What should I do with all this cash?

I saw you listed 529. Do you have kids? Do you have adequate term life insurance? If you feel like you have too much cash and don’t want a total stock fund, why not just get a S&P 500 fund? What is your debt situation other than the rental property? Do you have your own home and is it due for any up...
by mortfree
Tue May 14, 2019 6:20 am
Forum: Personal Consumer Issues
Topic: Heating with propane?? Good idea?
Replies: 38
Views: 1908

Re: Heating with propane?? Good idea?

If you choose propane, consider:

- Buy/own a 1000 gallon tank - install underground.

- Determine if suppliers have a bulk rate - a different/lower price for orders over 500 gallons.

- zone heating (first floor and second floor, if it is a two story home).
by mortfree
Mon May 13, 2019 8:43 pm
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7097

Re: For how long will the forum be around?

When everyone’s mortgage is paid off.

When CULater sells the CRV

/inbeforethelock
by mortfree
Fri May 10, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Hearing getting bad, which Hearing Aids would you recommend ??
Replies: 36
Views: 2391

Re: Hearing getting bad, which Hearing Aids would you recommend ??

Go to Costco /thread Remember you have bad hearing. The hearing aids will help but they will not give you super hearing powers. Word recognition is an important test so be sure you know that score. Hard of hearing since birth. Managed to get through life without HAs until Age 38. Went to Costco. I b...
by mortfree
Mon May 06, 2019 8:19 pm
Forum: Personal Consumer Issues
Topic: Car loan dilemma
Replies: 34
Views: 2758

Re: Car loan dilemma

I would carry the truck loan. In June 2019, I would pay $5,000 and then continue making the monthly payments. Invest for the remaining months until January 2020 when you front load for retirement. In June 2020, I would pay another $5000 to the truck loan. Etc Also in your OP it sounded like the mone...
by mortfree
Mon May 06, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Whole House Surge Protection
Replies: 22
Views: 2112

Re: Whole House Surge Protection

$500 here as well from the electrician I always use.

Felt a little pricey
by mortfree
Sun May 05, 2019 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my condo mortgage?
Replies: 10
Views: 1172

Re: Should I pay off my condo mortgage?

I'm looking for input on whether or not I should pay off my condo mortgage at this time. Any thoughts/input would be appreciated. Key points: -I have the money in savings to pay it off and would not have to sell any equities or borrow from my 401k to do so, although the amount owed is a significant...
by mortfree
Sun May 05, 2019 12:26 pm
Forum: Personal Investments
Topic: OH no, ANOTHER "Should I pay off my Mortgage with Taxable acct" question, with a bit of a twist?
Replies: 28
Views: 2267

Re: OH no, ANOTHER "Should I pay off my Mortgage with Taxable acct" question, with a bit of a twist?

Is the stock market not going up in the next 12 years?

Does your employer have the same timetable as you do?

Figure how much you need to pay monthly for your mortgage to be gone in 12 years (or less).

Let that taxable account ride.
by mortfree
Sat May 04, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)
Replies: 62
Views: 4914

Re: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)

Phinance wrote:
Sat May 04, 2019 5:08 pm
Dont’ know anything about commonlaw, we’re in Oregon.
Ok. Quick search shows Oregon is NOT a common law state. Your plan to be together but separate would have been futile if you were in a common law state.
by mortfree
Sat May 04, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)
Replies: 62
Views: 4914

Re: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)

Are you in a common law state?

Just adding her to your health insurance could imply marriage.
by mortfree
Sat May 04, 2019 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Lost out on 401k match for over-contributing
Replies: 45
Views: 4727

Re: Lost out on 401k match for over-contributing

For my bonus I am able to select a unique 401k contribution amount. So I set that to 6% to get the match.

Set up a spreadsheet and use it every year
by mortfree
Thu May 02, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Countdown - sanity check
Replies: 19
Views: 2638

Re: Retirement Countdown - sanity check

How much is your mortgage payment (Principal and Interest)?

Maybe you pay that off now with your cash on hand IF it will significantly reduce your expenses come retirement time.
by mortfree
Wed May 01, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Mortgage or Continue Making Payments
Replies: 6
Views: 940

Re: Pay off Mortgage or Continue Making Payments

If your money is locked up in this house, you will need to sell first so that you can purchase the next house (i.e. contingency clause when you submit an offer to purchase new home).

“I have 400k+ but I can’t touch it right now.”

Don’t pay it off.
by mortfree
Mon Apr 29, 2019 8:06 pm
Forum: Personal Investments
Topic: Dividends: do you like cash or reinvestment?
Replies: 19
Views: 1927

Re: Dividends: do you like cash or reinvestment?

yobyot wrote:
Mon Apr 29, 2019 7:58 pm

However, this heavily appreciated position has become a significant percentage of my overall portfolio.
Based on the sentence above I say take the dividend in cash.

I like individual stocks
by mortfree
Sun Apr 28, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: The wisdom of prepaying notes (car, home, etc.)
Replies: 38
Views: 2702

Re: The wisdom of prepaying notes (car, home, etc.)

I do not believe a 7-year car loan is logical. It may not be logical for you or many. Everyone's situation is different. I wanted a safer, nicer, newer car. And I can afford it. My CPA also tells me I can tax deduct it, which was a nice surprise. The delta on the interest rate was minimal for an 84...
by mortfree
Sun Apr 28, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: The wisdom of prepaying notes (car, home, etc.)
Replies: 38
Views: 2702

Re: The wisdom of prepaying notes (car, home, etc.)

I do not believe a 7-year car loan is logical.
by mortfree
Sun Apr 28, 2019 9:51 am
Forum: Non-US Investing
Topic: Invest at what frequency? [Hong Kong]
Replies: 10
Views: 568

Re: Invest at what frequency?

What are you investing in and where that there are transaction costs?
by mortfree
Sat Apr 27, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with this car?
Replies: 7
Views: 845

Re: What to do with this car?

CarSense, CarMax, WeBuyAnyCar type of places.
by mortfree
Sat Apr 27, 2019 6:17 pm
Forum: Personal Investments
Topic: ~150 K: Lump Sum vs DCA
Replies: 11
Views: 861

Re: ~150 K: Lump Sum vs DCA

Got debt? Consider paying it off

Got house? Do upgrades or improvement projects.

What are you investing in for taxable? If Total US Stock (VTSAX or VTI or similar) go ahead and lump sum it.
by mortfree
Sat Apr 27, 2019 5:40 pm
Forum: Personal Investments
Topic: pay down mortgage vs. invest in taxable?
Replies: 30
Views: 3026

Re: pay off mortgage vs. invest in taxable?

You said Pay Off the mortgage quite a few times in the OP I believe you mean Pay Down the mortgage. There is a big difference. Edit: consider refinance to a 15-year if you are fully committed to paying it off. Also, if you have 20k to spare, as another poster said - I would start thinking invest 10k...
by mortfree
Mon Apr 22, 2019 2:01 pm
Forum: Personal Consumer Issues
Topic: Washing machine advice needed
Replies: 6
Views: 654

Re: Washing machine advice needed

I bought a GE top load with agitator back in Dec 2017 in that similar price range. It works. For the old one, is there an issue with the lid? I know my original washer had that issue and I just had to push down on one of the corners of the lid to get it to the next cycle (YMMV). But definitely buy a...
by mortfree
Mon Apr 22, 2019 7:10 am
Forum: Non-US Investing
Topic: The urge to go back to stockpicking [Malaysia]
Replies: 25
Views: 1665

Re: The urge to go back to stockpicking

Over the past several years the rise in the market can make most anyone look and feel like a genius stock picker.

Myself included.
by mortfree
Sun Apr 21, 2019 2:05 am
Forum: Personal Investments
Topic: Net Worth where it should be?
Replies: 49
Views: 6751

Re: Net Worth where it should be?

Why isn’t a 401K (or similar) and a IRA in your list of assets?

What are you going to do when the car needs replaced?

Home ownership can be expensive
Depending on your current living situation when you buy a house your cash cushion won’t be as large due to higher expenses.
by mortfree
Fri Apr 19, 2019 9:00 pm
Forum: Personal Investments
Topic: I need help with my investement stratagies please
Replies: 20
Views: 1544

Re: I need help with my investement stratagies please

401K max this year is 19k. Adjust your contributions if needed. Cash- move to Ally or CapOne Money market (min 10k) for appx 2% interest. Or Payoff your mortgage. (Not the best move but if you won’t invest it, might as well be practically debt free) Or Invest 100k in Total US. Roth I started investi...
by mortfree
Thu Apr 18, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: Smoke detectors
Replies: 36
Views: 1814

Re: Smoke detectors

CO alarms - Carbon Monoxide

CO2 - Carbon Dioxide
by mortfree
Thu Apr 18, 2019 3:53 am
Forum: Personal Consumer Issues
Topic: Smoke detectors
Replies: 36
Views: 1814

Re: Smoke detectors

Most (if not all) smoke detectors should be replaced every ten years. After ten years the smoke detector will start to beep so you know it is time to replace it. Same for CO detectors having an End of Life beep. I change the batteries in the hardwire detectors every 2 years or if it starts beeping.
by mortfree
Wed Apr 17, 2019 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to find an engineer to inspect a dam wall
Replies: 27
Views: 1857

Re: How to find an engineer to inspect a dam wall

I can’t answer your question about the dam inspection but...

Remember the key sign to knowing when a real estate agent is lying...

Army Corp of engineers???
by mortfree
Sun Apr 14, 2019 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Next Steps Help
Replies: 5
Views: 455

Re: Next Steps Help

What is your adjusted gross income (AGI)?

That determines eligibility for Roth contributions.

Didn’t see anything mentioned about kids college.

Do you have adequate term life insurance for you and your spouse?
by mortfree
Sun Apr 14, 2019 6:05 pm
Forum: Personal Investments
Topic: Investing gift from grandma
Replies: 46
Views: 3372

Re: Investing gift from grandma

If it's really a gift, then grandma has no say in how it is invested. I have seen people put all sorts of conditions on gifts. My wife’s family does this. Interestingly, my wife and I were never told what to do with the money, but her siblings all get conditions. I make sure that I always thank the...
by mortfree
Sun Apr 14, 2019 12:34 pm
Forum: Personal Investments
Topic: how to invest in taxable account for 6 years
Replies: 16
Views: 1447

Re: how to invest in taxable account for 6 years

You seem to like saying my advisor.

I think you came here for advice on the 2nd house purchase but the red flag is the adviser charging you for managing your money.