Search found 1125 matches

by mortfree
Thu Aug 16, 2018 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Student Loans or "special" Mortgage payments
Replies: 15
Views: 645

Re: Student Loans or "special" Mortgage payments

If you haven’t already you may also want to look at the website whitecoatinvestor.
by mortfree
Thu Aug 16, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Octogenarian father in law's idea of balance: AAPL + CASH
Replies: 35
Views: 3249

Re: Octogenarian father in law's idea of balance: AAPL + CASH

AAPL is at 213.25 now... who needs advice?

AAPL equal Apple Stock symbol for those who don't speak ticker symbols.
by mortfree
Thu Aug 16, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Quote from Electrician
Replies: 46
Views: 2583

Re: Quote from Electrician

We have gotten 2 quotes of around $1000 to do this. It would be less than $200 in supplies and probably less than 4 hours of work, plus the permit with the city. By my calculation they are charging $180+ per hour to do this. This seems outrageous. did the electrician(s) tell you it would take 4 hou...
by mortfree
Thu Aug 16, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Student Loans or "special" Mortgage payments
Replies: 15
Views: 645

Re: Student Loans or "special" Mortgage payments

Payoff the student loans.

this probably won't be your last house so why pay more towards it when you can get rid of the student loans forever.
by mortfree
Wed Aug 15, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?
Replies: 14
Views: 774

Re: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?

You will also be throwing your money away on HOA fees, taxes. interest and Home maintenance.

Then when you sell more money spent on realtor fees and transaction costs.
by mortfree
Wed Aug 15, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Changing Car Cabin Air Filter - after how much time
Replies: 67
Views: 5779

Re: Changing Car Cabin Air Filter - after how much time

Once a year has worked for my daily cars - I usually change mine right before the state inspection so they don't bother me about it. Why would the inspection care about a cabin filter? Its not a safety or emissions issue..... While it is not required for inspection, It is just one more thing that t...
by mortfree
Wed Aug 15, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Adult piggy bank
Replies: 53
Views: 4006

Re: Adult piggy bank

Grocery store has Coinstar...

If I select a gift card option, then there is no fee.

whether the machine is 100% accurate in counting loose change is a small risk.
by mortfree
Wed Aug 15, 2018 2:55 am
Forum: Personal Consumer Issues
Topic: Are merchants more (too) careless these days?
Replies: 24
Views: 2009

Re: Are merchants more (too) careless these days?

Seems like excessive shopping in a short period of time for BH standards.

:mrgreen:
by mortfree
Wed Aug 15, 2018 2:48 am
Forum: Investing - Theory, News & General
Topic: Mark Cuban bullish on Netflix and Amazon
Replies: 19
Views: 1729

Re: Mark Cuban bullish on Netflix and Amazon

He must be ready to sell. Pump and dump I think they call it.


I didn’t click the link.
by mortfree
Tue Aug 14, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: Adult piggy bank
Replies: 53
Views: 4006

Re: Adult piggy bank

Try using a large, office sized water bottle.

I try to minimize coins though so no piggy bank for me.
by mortfree
Tue Aug 14, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 2811

Re: Should I Do This? [borrow from relative to pay off loan]

If I gave someone money to pay for a specific car and then they turned around and sold it, I wouldn’t be happy about that. Even if I got my money sooner.

Kind of a bait and switch move.

YMMV as the usual disclaimer.
by mortfree
Mon Aug 13, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 2811

Re: Should I Do This? [borrow from relative to pay off loan]

In 1999 I purchased a brand new 22k car 1 month before I even officially graduated college and started my first job. Salary 30k. Loan for 5 years around 6%.

I survived.

Keep the car.

Accept the money for the credit card.
by mortfree
Mon Aug 13, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 58
Views: 4565

Re: Marriage [How should finances be handled?]

You need to take into consideration your combined income now. Did either or both of you qualify for Roth IRA contributions as single? If so and someone did contribute you will need to make sure that you are still eligible with the newly combined income. If not then you’ll need to remove that contrib...
by mortfree
Mon Aug 13, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yrs old, lost, and needing guidance
Replies: 29
Views: 2600

Re: 32yo lost and needing guidance

If the individual stocks generate dividends, then you want to be sure that you have automatic reinvestment turned off. Helps with managing tax lots. Hey Mortfree, Would you mind elaborating a bit further why I would not want to have the dividend reinvested please? I've been doing that... :shock: I ...
by mortfree
Mon Aug 13, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 2811

Re: Should I Do This? [borrow from relative to pay off loan]

Hey everyone! -Paying sooner will allow me to save $5k in the long run (2-3 years sooner), allowing me to free up $400-$500/month to attack smaller CC debts (total under $4k) Am I missing something or are you in regards to freeing up 400-500/month? What is your current monthly car payment? You stil...
by mortfree
Sun Aug 12, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Which account to build up?
Replies: 17
Views: 955

Re: Which account to build up?

I have been making the equivalent of a "1/12th" extra payment each month. So that it equates to an extra payment a year. Just curious what your expected timeframe for paying off the mortgage would be if you currently have 28 years left? I’m not seeing your mortgage as a priority given the loan amou...
by mortfree
Sun Aug 12, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Which account to build up?
Replies: 17
Views: 955

Re: Which account to build up?

I have been making the equivalent of a "1/12th" extra payment each month. So that it equates to an extra payment a year. Just curious what your expected timeframe for paying off the mortgage would be if you currently have 28 years left? I’m not seeing your mortgage as a priority given the loan amou...
by mortfree
Sun Aug 12, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Which account to build up?
Replies: 17
Views: 955

Re: Which account to build up?

If you get a big refund, adjust your W-4. Contribute to a Roth as I believe your AGI is within that allowable range. Less than 189k. As for the mortgage, I don’t think you are there yet to be thinking about putting extra towards it. Granted it would depend on what amount you are considering. Your 40...
by mortfree
Sun Aug 12, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: 3 funds now, or start off with 2?
Replies: 17
Views: 1104

Re: 3 funds now, or start off with 2?

How old is this imaginary person?

Age 22: 100% Total US Stock (and somehow managed to save 20k in a Roth in their youth)

Age 30: 90:10, Total US Stock:Fixed Income

Age 55: 70:30, US: fixed income, late start
by mortfree
Sun Aug 12, 2018 4:19 am
Forum: Investing - Help with Personal Investments
Topic: 32 yrs old, lost, and needing guidance
Replies: 29
Views: 2600

Re: 32yo lost and needing guidance

If the individual stocks generate dividends, then you want to be sure that you have automatic reinvestment turned off. Helps with managing tax lots.

32M
$32M

At least no one complained that you didn’t spell out all of your ticker symbols.

Plus 1 on checking out white coat investor.
by mortfree
Sun Aug 12, 2018 4:02 am
Forum: Investing - Help with Personal Investments
Topic: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]
Replies: 29
Views: 2372

Re: Which is better?

Is someone really a BH if they don’t know these two symbols by now? Should be a pre-requisite. I would suspect that many Bogleheads do not know ticker symbols. Many years ago when we traded individual stocks, I could easily recall well over a hundred (and more) ticker symbols. It was all worthless ...
by mortfree
Sat Aug 11, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]
Replies: 29
Views: 2372

Re: Which is better?

abuss368 wrote:
Sat Aug 11, 2018 8:25 pm
ACJC wrote:
Sat Aug 11, 2018 7:51 pm
VTI or VT for our boys UTMA accounts? We do not have 3000.00 for the mutual funds :(. Thank you 😊
Either would be fine. Consider an all in one Lifestyle or Target fund.
Lifestrategy fund. Probably auto corrected.

Consider tax efficiency of those two alternatives
by mortfree
Sat Aug 11, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]
Replies: 29
Views: 2372

Re: Which is better?

Is someone really a BH if they don’t know these two symbols by now?

Should be a pre-requisite.

I use VTI.

Doesn’t mean anything in regards to what the OP may consider better though.
by mortfree
Sat Aug 11, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 6923

Re: Private Banking is a trap. Don't do it!

Breakup: it’s not you, it’s me.

Hanging on: that service doesn’t interest me at this time, however I will keep it in mind in the future
by mortfree
Sat Aug 11, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 4730

Re: How often do you check your brokerage accounts

With an app and fingerprint login for all 3 investment accounts I check it whenever I feel like it.

It’s way too easy.
by mortfree
Sat Aug 11, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2599

Re: Crossroad of what to do next?

With that being said, we have $25k in savings over our 6 month emergency. Should we just throw all that towards the student leaving $20k. We then could pay the remaining amount off in 8 months. Thoughts? If you are comfortable throwing 25k in one fell swoop towards the student loans then go for it....
by mortfree
Fri Aug 10, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: Strange refund from gas co. on closed account
Replies: 6
Views: 673

Re: Strange refund from gas co. on closed account

(Allen Iverson)

$2?

$2?!

You’re talking about less than $2?!

(/Allen)

I just cashed a check for $0.38 due to some class action that my wife was rolled into.
by mortfree
Fri Aug 10, 2018 9:34 pm
Forum: Investing - Theory, News & General
Topic: Is there such a thing as bull or bear markets?
Replies: 6
Views: 1032

Re: Is there such a thing as bull or bear markets?

... And the current bull market is only a couple of years old . Classification challenges like this one cry out for an objective definition. One firm that has responded to the clarion call is Ned Davis Research, defining a bull market as a 30% rise in the DJIA or the Value Line Geometric Index afte...
by mortfree
Fri Aug 10, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: capital loss from stock
Replies: 2
Views: 252

Re: capital loss from stock

Assuming this is in a taxable account as well.

Maybe CULater will read this and ask you for some stock advice since they wanted a $200 loss.
by mortfree
Thu Aug 09, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute extra $ into Roth or Mortgage
Replies: 12
Views: 1025

Re: Contribute extra $ into Roth or Mortgage

OP, 2) If you contribute enough money to Trad. 401K and Trad. IRA, besides not paying tax, the IRS may pay you due to tax credits. Check out EITC and Saver's credit. https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit https://www.bogleheads.org/wiki/Saver%27s_credit 3) So, t...
by mortfree
Thu Aug 09, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Use cash to pay off low interest student loans and car or downpayment for house?
Replies: 23
Views: 1021

Re: Use cash to pay off low interest student loans and car or downpayment for house?

I would wipe out the student loans.

I can’t comprehend the housing market where you are so I’ll leave my suggestion at that.

Keep the car loan. Pennies for interest.
by mortfree
Thu Aug 09, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute extra $ into Roth or Mortgage
Replies: 12
Views: 1025

Re: Contribute extra $ into Roth or Mortgage

$100 to Roth. Do not refinance the mortgage (unless you get a no fee refinance). Also you may struggle to find a mortgage if your balance is only 90k. I want to point something else out. 27k for EF 23k for “EF like” expenses. Why don’t you put the 23k in the MM too? Now you have 50k or 1 year of you...
by mortfree
Thu Aug 09, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Looking for a pep talk
Replies: 26
Views: 3062

Re: Looking for a pep talk

Thank you for this. That is what I feel as well. We traded assets to pay off debt, so both are now lower categories, therefore the totals are lower and the ratio has not moved greatly. I know it’s boring and I’m not expecting at our NW to see any huge gains, but it’s still a bit disappointing to fe...
by mortfree
Thu Aug 09, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Total Market Index Fund on Taxable Account
Replies: 19
Views: 1504

Re: Fidelity Total Market Index Fund on Taxable Account

I think the distinction is in the fact that Vanguard has a patent (?) on the concept of ETF and mutual funds being different share classes whereas fidelity's ETF and mutual funds are not the same. so at fidelity it makes more sense IN TAXABLE account to hold the ETF, to minimize taxes since the ETF...
by mortfree
Thu Aug 09, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Total Market Index Fund on Taxable Account
Replies: 19
Views: 1504

Re: Fidelity Total Market Index Fund on Taxable Account

I think the distinction is in the fact that Vanguard has a patent (?) on the concept of ETF and mutual funds being different share classes whereas fidelity's ETF and mutual funds are not the same. so at fidelity it makes more sense IN TAXABLE account to hold the ETF, to minimize taxes since the ETF-...
by mortfree
Wed Aug 08, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Help to evaluate Job Offer
Replies: 27
Views: 1821

Re: Help to evaluate Job Offer

I think your age is also a consideration.

if you are early in your career versus closer to retirement...
by mortfree
Tue Aug 07, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 4133

Re: Would you pay this mortgage off?

Your loan balance is too high for me to dump your investments (pay extra taxes) and payoff the house. I had a paid off home at 39. Two years later I moved and have a mortgage again. Keep paying the extra towards it and continually re-evaluate. Just knowing that you could pay it off should be some pe...
by mortfree
Tue Aug 07, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage question
Replies: 20
Views: 1761

Re: Mortgage question

Would it be acceptable to put $260/month extra towards a 30-year mortgage? That’s my plan to accelerate it some.

Roth and 401k maxed.

Trying to see where BHers draw the line in an extra payment towards mortgage.

1000 per month seems high but I’ve done that before on another home.

Just curious
by mortfree
Tue Aug 07, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: Setting up UGMA/UTMA/custodial account for minor at Fidelty
Replies: 2
Views: 174

Re: Setting up UGMA/UTMA/custodial account for minor at Fidelty

Go for it. It’ll be a good experience for him. If he is onboard with the no fee fund from fidelity, even better. Also would recommend “If You Can”. Google that for the free pdf version. Assuming he has no W-2 income. If he does then consider the Roth IRA. If not now, then in the future you could fun...
by mortfree
Mon Aug 06, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of contributing to 401k?
Replies: 61
Views: 3886

Re: Pay off mortgage instead of contributing to 401k?

PI is ~1200 TI is ~450 How long do you plan to live in this home? Until I'm dead :) One of the most important things to know before committing to payoff a mortgage. But I think you are coming around and realizing that isn’t the best path forward for your situation. Save as much as you can at this p...
by mortfree
Mon Aug 06, 2018 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6144

Re: Planning to invest in these funds -- any issues?

Three threads (that I’m aware of)?

Investing is hard.

Oh wait, no it isn’t.
by mortfree
Mon Aug 06, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of contributing to 401k?
Replies: 61
Views: 3886

Re: Pay off mortgage instead of contributing to 401k?

E_Zwicky wrote:
Mon Aug 06, 2018 2:24 pm
PI is ~1200
TI is ~450
How long do you plan to live in this home?
by mortfree
Mon Aug 06, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of contributing to 401k?
Replies: 61
Views: 3886

Re: Pay off mortgage instead of contributing to 401k?

E_Zwicky wrote:
Mon Aug 06, 2018 1:27 pm
Sorry about that. Interest rate is 3.5%. With PITI,our monthly payment is around $1700 per month.

I'll edit my original post and add that info.

Thanks
What is the breakdown for PI vs TI?

You will still owe TI when it is paid off.
by mortfree
Mon Aug 06, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 6820

Re: Best way to lose $200 in taxable income?

CULater wrote:
Sun Aug 05, 2018 10:35 pm
Ironic that there have been so many creative posts about how to lose money. I thought all we cared about was making money. :P
And not having to pay any more in taxes than what is necessary.
by mortfree
Sun Aug 05, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Apple Stock
Replies: 13
Views: 1611

Re: Apple Stock

Hold it (I am doing the same. Don’t tell anyone).

Just be sure you are not re-Investing the dividends.
by mortfree
Sun Aug 05, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Front load 401k?
Replies: 23
Views: 1951

Re: Front load 401k?

I cannot front load for two reasons: 1. My max contribution allowed per paycheck is 25% 2. I need to contribute at least 6% for the 26 paychecks to receive the full employer match for the year. But you could front load the excess beyond the 6% (plus save a bit for later to account for an estimated ...
by mortfree
Sat Aug 04, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Front load 401k?
Replies: 23
Views: 1951

Re: Front load 401k?

I cannot front load for two reasons:

1. My max contribution allowed per paycheck is 25%

2. I need to contribute at least 6% for the 26 paychecks to receive the full employer match for the year.
by mortfree
Sat Aug 04, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: USPS Informed Delivery
Replies: 43
Views: 3020

Re: USPS Informed Delivery

No problem getting signed up. And it's working pretty, maybe even too good. Sold my truck a few weeks ago, and Informed Delivery showed an envelope from my insurance company a few days later. I suspect it was my change of policy notice, but it never got as far as my mailbox. I don't know how the po...