Search found 953 matches

by mortfree
Sun Jun 17, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 72
Views: 2716

Re: Which Supermarket are you?

Giant



.
by mortfree
Fri Jun 15, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Am I "market timing"?
Replies: 37
Views: 1792

Re: Am I "market timing"?

MotoTrojan wrote:
Fri Jun 15, 2018 7:08 pm
mortfree wrote:
Fri Jun 15, 2018 7:06 pm
I buy VTI when it goes below $140.

It is market timing and I like it.
Why?
Behavioral. And seems to be range bound - appx 135-145ish.

I only buy 5 or 10 shares at a time and it is a taxable account. No rush. Seems to work out to every other month for a buy.

Illogical
by mortfree
Fri Jun 15, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Am I "market timing"?
Replies: 37
Views: 1792

Re: Am I "market timing"?

I buy VTI when it goes below $140.

It is market timing and I like it.
by mortfree
Fri Jun 15, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3262

Re: Too much house vs. just enough

In OP's case (and maybe for others)... if finances are all good:

location first...

then price and # of bedrooms...
by mortfree
Fri Jun 15, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: $75,000 bonus - help me with my plan
Replies: 20
Views: 2239

Re: $75,000 bonus - help me with my plan

if you are moving in 2-3 years, I would not lock up my money by paying off/down the mortgage. I had paid off my mortgage, thinking we would never move. ~18 months later we did and all of my downpayment money was locked up in the house. It all worked out, but I would have done it differently in hinds...
by mortfree
Fri Jun 15, 2018 5:22 am
Forum: Investing - Help with Personal Investments
Topic: 28 with a wife and new baby
Replies: 31
Views: 2018

Re: 28 with a wife and new baby

Didn’t see it mentioned here.

Do you have term life insurance for each of you?
by mortfree
Thu Jun 14, 2018 1:01 am
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 10
Views: 1110

Re: Hearing aids

by mortfree
Wed Jun 13, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: Why market drop when Fed announced rate increase?
Replies: 19
Views: 2457

Re: Why market drop when Fed announced rate increase?

Higher rates... maybe there is hope for more people to be able to deduct interest when they take out a mortgage in the future.

Like a 250k, 30-year at 6%...
by mortfree
Tue Jun 12, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: What are Fido or VG equivalent funds for these?
Replies: 4
Views: 256

Re: What are Fido or VG equivalent funds for these?

Cue the typical response. If you were really helping your friend you would tell them they don’t need an advisor. I am trying to educate myself on what funds i can suggest for him to look at that are equivalents. Kind of my point. The advisor picks funds that won’t have an equivalent for comparison....
by mortfree
Tue Jun 12, 2018 7:37 am
Forum: Investing - Help with Personal Investments
Topic: What are Fido or VG equivalent funds for these?
Replies: 4
Views: 256

Re: What are Fido or VG equivalent funds for these?

Cue the typical response.

If you were really helping your friend you would tell them they don’t need an advisor.
by mortfree
Sat Jun 09, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: Can someone look at this for me... Did I really lose all this money?
Replies: 16
Views: 3390

Re: Can someone look at this for me... Did I really lose all this money?

https://i.imgur.com/z8wdAJT.png https://i.imgur.com/ezqDDEw.png Am I'm back to square one with all of this. I also just recently bought more shares yesterday for my roth ira contribution this year. Now I'm thinking that this was a terrible decision if the market's in a downturn. Perhaps the negativ...
by mortfree
Fri Jun 08, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Question for Young-ish Investor.
Replies: 8
Views: 697

Re: Roth IRA Question for Young-ish Investor.

My specific question was with regards to the $4K of cash I have in my ROTH IRA from a rollover. I would like to purchase more VOO with that cash and have buying small tranches. Should I continue doing so, buying when it dips or just allocate the full $4K to my position in VOO in a lump transaction....
by mortfree
Thu Jun 07, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Investing or Paying Off The House
Replies: 14
Views: 1191

Re: Investing or Paying Off The House

Invest now or invest later (DCA) could be another question to ask. You could also do some of both with the appx 200k bonus- 100k to mortgage and 100k to invest. You will still have to make the remaining mortgage payments but you have hedged going all in on either side (payoff or invest). Read the wi...
by mortfree
Thu Jun 07, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Will the real MSCI EAFE index please stand up?
Replies: 13
Views: 623

Re: Will the real MSCI EAFE index please stand up?

triceratops beat me to it...


Gross returns vs Net Returns...
by mortfree
Wed Jun 06, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Submitting an offer on a home
Replies: 24
Views: 2578

Re: Submitting an offer on a home

When I bought in 2006 I asked a realtor for inspector recommendations. They gave me a list. I didn’t contact anyone on their list.

For the recent purchase I used my inspector from the first house. Knew what I was getting.
by mortfree
Wed Jun 06, 2018 4:18 am
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 35
Views: 3480

Re: How to know if power is cut to smoke detector

I’ve replaced 21 smoke detectors at three homes in the past 3 years. There is a green light on each detector. When I found the right circuit breaker the green light was no longer lit. Disconnect the old wiring harness. Connect the new harness. Simple task. Check your requirements as you may need a C...
by mortfree
Mon Jun 04, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3104

Re: Is it fine to have 100% of portfolio in VTSAX

If you want a single fund, you can just do a Vanguard balanced index admiral fund VBIAX (30/30/40 US/Int'l/Bond) or ETF. It will give you much smoother sail than VTSAX and will do automatic balanced for you. 10 year performance is 7.3% ER 0.07%. Compare VTSAX 9.3% ER 0.04%. The 100% stock is 2% ahe...
by mortfree
Sun Jun 03, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Need some direction: 5K payout in July....towards loans or Roth?
Replies: 18
Views: 917

Re: Need some direction: 5K payout in July....towards loans or Roth?

i would payoff the 4716 first.

Rest to EF

Maybe then Redirect that $246 payment to the next lowest balance.

And soon enough you will also have that $250/month to use.
by mortfree
Sat Jun 02, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Invest home sale proceeds
Replies: 3
Views: 337

Re: Invest home sale proceeds

Do you put 18.5k into your 401k? Plus catchup if over 50?

Not sure what dollar amount 18% represents.
by mortfree
Sat Jun 02, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 3898

Re: Friends with an EJ Advisor

I would text him a link to thread on here where the EJ advisor locked a client out of their own account when EJ realized they were going to do business elsewhere.
by mortfree
Sat Jun 02, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7385

Re: Is our monthly Personal money out of line?

Transfer all allowance monies to an account (savings, money market, etc). Charge everything to the credit card and then payoff the credit card. Chances are she might spend $1200 or more or less. Seems responsible to not over do it and you could be saving some of that money. If my wife has $100 in he...
by mortfree
Sat Jun 02, 2018 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10361

Re: Why have a savings account at all?

The logic here is faulty. You are asking a meaningless question. The point of an emergency fund is to use in emergencies. Stating you would make 100k or even 50k off of your email fund shows that you don't really understand it's point. Throwing average typical yields as a reason is like saying why ...
by mortfree
Fri Jun 01, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Replaced beater car, oh how ever to regain feelings of financial superiority?
Replies: 29
Views: 3314

Re: Replaced beater car, oh how ever to regain feelings of financial superiority?

buy a third vehicle that fits your definition of a beater, duh... :oops:
by mortfree
Fri Jun 01, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Interior painting - Sherwin Williams color recommendations
Replies: 28
Views: 2232

Re: Interior painting - Sherwin Williams color recommendations

Blonde, Mannered Gold, Sands of Time, Perfect Greige (spelling?).

alabaster white for woodwork trim.
by mortfree
Fri Jun 01, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Another Car Keep/Buy Question
Replies: 22
Views: 1925

Re: Another Car Keep/Buy Question

I think OP is just bored and needs to do these kinds of transactions to fulfill an itch.

see the myriad threads on here...

:mrgreen:
by mortfree
Thu May 31, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Help?
Replies: 16
Views: 1153

Re: Help?

Regarding #3 under contributions: if your wife is 50 (now or at end of 2018) she should be eligible for the $1000 catch up for the IRA. As far as investment choices for the IRA, you may like the Target Date funds. You need to determine your asset allocation (60:40 or 50:50 or 40:60 maybe??) stocks:b...
by mortfree
Thu May 31, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Roommate in a house?
Replies: 32
Views: 2895

Re: Roommate in a house?

you pay the bills directly. then she doesn't have "rental" income to report...????? seems unnecessarily complicated Would love to hear your recommendations on how you would handle this both from the renter and tenant side :) Guess you'll need a rental agreement then... Otherwise, as explained here ...
by mortfree
Thu May 31, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Roommate in a house?
Replies: 32
Views: 2895

Re: Roommate in a house?

you pay the bills directly.

then she doesn't have "rental" income to report...?????

seems unnecessarily complicated
by mortfree
Wed May 30, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13846

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

It's kind of fun to NEVER have to worry about the pay off debt or invest question again. Although I guess there is always the question of "should I borrow to buy this or just pay cash for it." I often wonder why more folks don't suggest saving beforehand in order to pay cash for their home, rather ...
by mortfree
Tue May 29, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: ITOT versus VTSAX
Replies: 25
Views: 1836

Re: ITOT versus VTSAX

D E C O D E D !!! VTSAX - Vanguard Total Stock Market Index (mutual fund, admiral shares) VTI - Vanguard Total Stock Market ETF ITOT - iShares Core S&P Total US Stock Market ETF Thanks for reading ~cfs~ Also, VTSAX = VTI One is the mutual fund Admiral shares version (VTSAX), the other is the ETF ve...
by mortfree
Tue May 29, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: 13-year old Civic. Replace, or keep sinking money into it?
Replies: 51
Views: 3724

Re: 13-year old Civic. Replace, or keep sinking money into it?

I would get rid of it.

I replace my commuter car about every 6 years so I’m not one to hold onto a car
by mortfree
Mon May 28, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 224
Views: 24749

Re: Why pay cash for a car?

One thing people often forget about is insurance. When you finance the loan company demands a certain type of insurance. When you own the car, you get to choose what you want. For example we often choose a much higher deductible on our cars since self insuring the higher deductible makes a lot of s...
by mortfree
Mon May 28, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra cash?
Replies: 13
Views: 1735

Re: What to do with extra cash?

You will get guaranteed 5% return on investment if you paid the equity loan. Even if you can afford it, you are still paying 5% interest on it, so it isn't cheap to keep that loan. Every payment towards HE affects your ability to save more for retirement, or kids education if any are in the picture...
by mortfree
Sat May 26, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bank account or Brokerage account for child?
Replies: 20
Views: 1099

Re: Bank account or Brokerage account for child?

Go for it.

My kid (age 4) has:
Credit union account
CapitalOne 360 kids account
Brokerage account
by mortfree
Fri May 25, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Do I need to reduce monthly debt payments? Auto + House
Replies: 10
Views: 1270

Re: Do I need to reduce monthly debt payments? Auto + House

other alternative, put $14,000 down (appx) on one car and finance that car for 60 months... just curious, is your $1800 future mortgage payment just P&I or does it include taxes and insurance? but in reality I think you are overthinking this based on the numbers presented and you can financially eng...
by mortfree
Fri May 25, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 3794

Re: When did this start??

It's there at the bottom of the bill for the people who are not good at math.

I imagine they do it to ensure the server is tipped "fairly", whatever someone's definition of that might be.
by mortfree
Thu May 24, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: vinyl plank brands, which is best?
Replies: 13
Views: 1348

Re: vinyl plank brands, which is best?

+1 to check out Karndean.

I had that installed in our old family room. Held up to our Great Dane as that was his room.

Wood looking vinyl.
by mortfree
Thu May 24, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13846

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

I would pay off the mortgage, once you do that the house is yours and yours only, no one can take it away. What happens if you lose your job? On a related note, if I lost my job tomorrow, I would rather have $210K in the bank and a mortgage payment due every month, than $0 in the bank and a paid-of...
by mortfree
Thu May 24, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: I need some math help-calculating interest savings
Replies: 31
Views: 1606

Re: I need some math help-calculating interest savings

I'm not stressing about anything. I am happy and content with our financial decisions. I am looking to find the total amount of interest saved for a reason, and I needed to be sure I was calculating it correctly and thinking of the math correctly. I came here for someone to check my math. That's it...
by mortfree
Thu May 24, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: I need some math help-calculating interest savings
Replies: 31
Views: 1606

Re: I need some math help-calculating interest savings

Peace bro. It's done. You are stressing over something that does not matter any more. I'm not stressing about anything. I am happy and content with our financial decisions. I am looking to find the total amount of interest saved for a reason, and I needed to be sure I was calculating it correctly a...
by mortfree
Thu May 24, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13846

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

I would pay it down to 100k... then revisit in a few months/years. I paid off a mortgage at 39 yrs old - it is overrated for the emotional part (or maybe it was just me). moved and have a mortgage again. The problem I ran into is that all of my cash was tied up in the house. so that had to sell firs...
by mortfree
Thu May 24, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: I need some math help-calculating interest savings
Replies: 31
Views: 1606

Re: I need some math help-calculating interest savings

Original Loan: Total Interest of 181,335 would have been paid. You paid $1665 for first 2 months.

Recast Loan w/ 1200 payment: Total Interest of 95181


181335-95181=86154

86154+1665=87819 saved??
by mortfree
Tue May 22, 2018 6:47 pm
Forum: Personal Consumer Issues
Topic: Old Hot Water Heater
Replies: 20
Views: 1279

Re: Old Hot Water Heater

I would replace it.

It is probably not up to code, inefficient, and a potential disaster.

One less thing to worry about.

And your dad will appreciate you taking his advice.
by mortfree
Tue May 22, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy a new car?
Replies: 46
Views: 2911

Re: Should I buy a new car?

do you realize that you are behind on retirement savings?

3x your salary by age 40 is just "one" of the many suggestions out there.

unless you haven't disclosed some bucket(s) of money.

have a kid and you won't feel so rich.
by mortfree
Sat May 19, 2018 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9194

Re: Dave Ramsey it or keep low interest debt

Thanks for all the great responses. I knew I could count on this community to help me think through this from all angles. I think I’ll keep and payoff as scheduled; especially given my online banking account pays more than the weighted APR of the cars I’ll also ensure I never borrow money again. Th...
by mortfree
Fri May 18, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: Chase CS playing games w/me
Replies: 28
Views: 2845

Re: Chase CS playing games w/me

next time pay 5872.50 and you'll be fine...

your next payment will most likely always be due and you just cause confusion when you try to slip in an extra principal payment "out of sequence"...
by mortfree
Thu May 17, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Are you including annual increases in contributions in your projections?
Replies: 36
Views: 1733

Re: Are you including annual increases in contributions in your projections?

willthrill81 wrote:
Thu May 17, 2018 5:52 pm
mortfree wrote:
Thu May 17, 2018 5:37 pm
if you're already maxing your 401k and IRA, that annual increase doesn't matter for those buckets...
Sure it does. Both 401k and IRA limits increase over time.
Agree. I think I was focused on your example of contributing 10,000 so that wasn’t maxing.

Good thread.