Search found 1724 matches

by mortfree
Mon Oct 14, 2019 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Issue/Question Regarding car loan I was accepted for.
Replies: 4
Views: 227

Re: Issue/Question Regarding car loan I was accepted for.

If you bought it on a day the bank was closed the car dealer may have just tried to determine whether you would qualify. I recall another thread on here recently where a person was in this situation and had to give back the car. I think it’s a common dealer tactic so hopefully you won’t be a victim ...
by mortfree
Mon Oct 14, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 56
Views: 5461

Re: Best CD rates thread

Rates are always subject to change and my memory may be foggy BUT I think I received a notification to take advantage of these rates before November 1.

Long time PSECU customer.
by mortfree
Mon Oct 14, 2019 8:16 am
Forum: Personal Investments
Topic: Advise on Large cash investment options in current market - Invest in market OR Pay off Mortgage
Replies: 11
Views: 1096

Re: Advise on Large cash investment options in current market - Invest in market OR Pay off Mortgage

From my reading on here I believe CA is a non-recourse state.

If you don’t know what that means look it up.

I am not expert enough to tell you but I did a quick google search
a non-recourse state prohibits mortgagors from suing the person on top of the foreclosure process.
by mortfree
Sat Oct 12, 2019 12:58 pm
Forum: Personal Investments
Topic: Money Market Decision
Replies: 32
Views: 2695

Re: Money Market Decision

Thanks anon_investor - I like this idea! I do have a question though. Has anyone heard of PSECU (credit union)? They are currently offering a 3.25% rate for a 3 yr CD. It looks like they're located in Pennsylvania and have good reviews. That's a pretty good rate! I have used PSECU since 1997. Great...
by mortfree
Sat Oct 12, 2019 2:15 am
Forum: Personal Investments
Topic: Investment help
Replies: 21
Views: 1432

Re: Investment help

Continue to keep your guard up even at Fidelity. Be cautious of any products offered other than your mutual find choices (annuities, life Insurance, etc). Fidelity still has to make money too. Know what you want to invest in before you go (don’t ask to invest in vanguard funds. If that is what you w...
by mortfree
Fri Oct 11, 2019 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Seller misrepresented fulfillment of defect fixes - next steps? sue?
Replies: 55
Views: 4757

Re: Seller misrepresented fulfillment of defect fixes - next steps? sue?

Too late now but usually not a great idea to trust a seller to fix things the right way.

In hindsight you should have requested a specific dollar amount to cover the deficiencies. Even if it was 50/50 split.
by mortfree
Tue Oct 08, 2019 7:25 pm
Forum: Investing - Theory, News & General
Topic: Investing money without a specific purpose
Replies: 9
Views: 1207

Re: Investing money without a specific purpose

Age 42. I just buy VTI in taxable with whatever money I feel like investing that has no purpose (because I don’t like to spend money)
by mortfree
Tue Oct 08, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7142

Re: Should I sell or keep my 5 year old depreciated Tesla

TL; DR

Keep the Tesla AND buy the accord.

No more wondering.
by mortfree
Mon Oct 07, 2019 8:24 pm
Forum: Personal Investments
Topic: Starting out- Roth IRA-ETF's
Replies: 13
Views: 855

Re: Starting out- Roth IRA-ETF's

VTI all the way. Don’t get caught up in the bid ask spread. Just buy and let it ride. I like Limit orders for this. I’m a few years older so my new plan for my Roth contributions is to go with VBIAX (Vanguard balanced Fund). My original Roth is invested in individual stocks and a few ETFs and Welles...
by mortfree
Thu Oct 03, 2019 12:09 pm
Forum: Investing - Theory, News & General
Topic: Google or other tech buys in a downturn
Replies: 14
Views: 711

Re: Google or other tech buys in a downturn

Tough crowd as to be expected. I bought 8 shares of GOOG around market downturn in Oct/Nov 2008 (only 3k invested). Fast forward and I have 8 shares of GOOG and 8 shares of GOOGL because of the split that happened some time ago. Now it is trading close to 1200 per share. Ranges anywhere from high 90...
by mortfree
Thu Oct 03, 2019 5:14 am
Forum: Personal Investments
Topic: Kids Investment Account
Replies: 30
Views: 1995

Re: Kids Investment Account

Gifts she receives is HER money.

I wouldn’t deposit that in your account.

While you may not prefer an UTMA the money belongs to her and that is why those accounts exist.

Maybe the piggy bank is the way to go then in your situation.
by mortfree
Tue Oct 01, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 1980

Re: Mortgage math

No disrespect but did you get approved for a mortgage?

I know retired folks can sometimes have difficulty if they aren’t receiving a steady “paycheck” despite having more than adequate funds saved/invested.
by mortfree
Sat Sep 28, 2019 4:19 pm
Forum: Personal Consumer Issues
Topic: What is protocol for cleaning house when moving?
Replies: 49
Views: 3110

Re: What is protocol for cleaning house when moving?

These "last minute" issues/disputes go both ways. In our case, a few days before closing on the purchase of our current house, our attorney who was handling the closing called me and said the seller was insisting on receiving (at closing) a credit for the value of the fuel oil in the tank. That nev...
by mortfree
Fri Sep 27, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: How to Live on $350k (Income) in Hawaii
Replies: 68
Views: 7090

Re: White Coat Investor: How to Live on $350k (Income) in Hawaii

^^^^^^
Try to avoid Rich-shaming here folks.

I spent $0 on vacation this year
by mortfree
Wed Sep 25, 2019 2:13 am
Forum: Personal Investments
Topic: Emergency Fund Building vs. 401k Contributions
Replies: 19
Views: 1220

Re: Emergency Fund Building vs. 401k Contributions

$300-700 extra per month. Save something towards the EF - even if it is $50 to start. Congrats on only having 22k in student loans. IF you do pay extra be very careful and ensure that the extra is applied to principal. Student loan companies are notorious for advancing the payment instead of applyin...
by mortfree
Sat Sep 21, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Save? Invest? Pay off Mortgage?
Replies: 12
Views: 1658

Re: Save? Invest? Pay off Mortgage?

I would save more to reach 12 months of salary saved. (Keyword is “I”)

You might be able to get away with 6 months.
by mortfree
Mon Sep 16, 2019 5:15 pm
Forum: Personal Consumer Issues
Topic: New iPhone on sale for $599.99
Replies: 52
Views: 3912

Re: New iPhone on sale for $599.99

I bet in the past, folks have paid more for a personal computer than the cost of the iPhone. And the iPhone most likely gave you more bang for your buck. Probably holds true for current desktops/laptops vs the iPhone. the iPhone, solely for its ability to be used as a phone, is probably not even a r...
by mortfree
Fri Sep 13, 2019 3:28 am
Forum: Personal Finance (Not Investing)
Topic: Should we keep paying for this life insurance policy?
Replies: 18
Views: 1457

Re: Should we keep paying for this life insurance policy?

For 30 years this person has paid $118 a year? Ask if this policy has a cash value component and if yes, what the in-force illustration is? I would not be so quick to drop it. Especially if this person has an insurance need. Currently 118 per month. Not sure what the premium was in earlier years. E...
by mortfree
Fri Sep 13, 2019 3:26 am
Forum: Personal Investments
Topic: Teenager wants to save...
Replies: 29
Views: 2060

Re: Teenager wants to save...

Where is the Roth held? Isn’t that a custodial account too? Just open a taxable account there for the kid and invest in Total US Stock. At this age I don’t understand why there would be a need to do a 3 fund. Keep it simple. Otherwise the kid may view this as complicated and get turned off from inve...
by mortfree
Sat Sep 07, 2019 11:42 pm
Forum: Personal Consumer Issues
Topic: Does anybody replace HVAC capacitors presumptively before they fail as part of maintenance?
Replies: 44
Views: 3273

Re: Does anybody replace HVAC capacitors presumptively before they fail as part of maintenance?

This happened to me this summer. Noticed in my Nest app that the AC was running most of the day while I was at work. So I knew something was wrong. Got home and the unit outside was not running (the fan wasn’t spinning). We were coming up on a 100F heat wave. AC guy came out and the capacitor had cr...
by mortfree
Sat Sep 07, 2019 7:39 pm
Forum: Personal Investments
Topic: Quick sprint to pay off mortgage make sense?
Replies: 11
Views: 940

Re: Quick sprint to pay off mortgage make sense?

Why not go kamikaze on saving that money instead of dumping it into the mortgage.

That would be a nice pile of FU money.
by mortfree
Sat Sep 07, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Surviving Parent Remarrying - What To Do?
Replies: 40
Views: 5305

Re: Surviving Parent Remarrying - What To Do?

I would just ask your parent if they are planning on revising the Family Trust to include the new spouse.

I would also ask for a head’s up if they end up changing it at a future date.
by mortfree
Sat Sep 07, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can it get better than 15 year fixed mortgage at 3%?
Replies: 44
Views: 3485

Re: Can it get better than 15 year fixed mortgage at 3%?

15-year, 0 points is at 2.875 where I have a mortgage (30y at 3.875, 2y into the mortgage) Trying to reconcile your username with your post, I can only assume you divorced a man named Mort. Haha. Good one. I was mortgage free at age 39 but life happened and we had to move. Although I am generally a...
by mortfree
Sat Sep 07, 2019 2:31 am
Forum: Personal Finance (Not Investing)
Topic: Can it get better than 15 year fixed mortgage at 3%?
Replies: 44
Views: 3485

Re: Can it get better than 15 year fixed mortgage at 3%?

Chunkachange wrote:
Fri Sep 06, 2019 9:20 pm
mortfree wrote:
Fri Sep 06, 2019 8:43 pm
15-year, 0 points is at 2.875 where I have a mortgage (30y at 3.875, 2y into the mortgage)
Trying to reconcile your username with your post, I can only assume you divorced a man named Mort.
Haha. Good one.

I was mortgage free at age 39 but life happened and we had to move.
by mortfree
Fri Sep 06, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Can it get better than 15 year fixed mortgage at 3%?
Replies: 44
Views: 3485

Re: Can it get better than 15 year fixed mortgage at 3%?

15-year, 0 points is at 2.875 where I have a mortgage (30y at 3.875, 2y into the mortgage)
by mortfree
Fri Sep 06, 2019 1:17 am
Forum: Personal Consumer Issues
Topic: Did I commit a tipping faux pas?
Replies: 99
Views: 11001

Re: Did I commit a tipping faux pas?

I paid a moving company 2k.

There were 5 movers.

I gave them each $20.

Felt cheap doing so but I got over it pretty quickly.
by mortfree
Fri Sep 06, 2019 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Current 15 year mortgage rates- refi?
Replies: 6
Views: 1079

Re: Current 15 year mortgage rates- refi?

My CU just dropped the 15-year to 2.875. No points.

Very tempting but my required payment would be $300 more per month.
by mortfree
Sat Aug 31, 2019 6:22 pm
Forum: Personal Investments
Topic: Avoid grandson poverty
Replies: 76
Views: 9482

Re: Avoid grandson poverty

Upon graduation I would write him a check for 10k.

See what he does with it.

Adjust plan accordingly.

If your health deteriorates then figure out a trust type of payment like you mentioned in the OP.
by mortfree
Sat Aug 31, 2019 3:55 am
Forum: Personal Consumer Issues
Topic: Lawn Tractor Recommendations?
Replies: 26
Views: 1840

Re: Lawn Tractor Recommendations?

I like my Ariens Ikon X 42 (zero turn) with Koehler engine.

Wrapping up the second season of use and will get first maintenance done prior to next summer.
by mortfree
Tue Aug 27, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 14662

Re: Best of Bogleheads - your #1 takeaway

The story about Bob investing only at market highs.
by mortfree
Wed Aug 21, 2019 9:23 pm
Forum: Personal Investments
Topic: Back at This 401k Thing Again.
Replies: 4
Views: 458

Re: Back at This 401k Thing Again.

At first glance it looks the iShares in bond, large cap, small/mid and international might be your best choices going forward.
by mortfree
Tue Aug 20, 2019 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance question
Replies: 9
Views: 496

Re: Refinance question

Isn’t option1 $400 (3420 minus 3029) or was there a typo somewhere in the monthly payment?
by mortfree
Mon Aug 19, 2019 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off a portion of my mortgage early?
Replies: 4
Views: 547

Re: Should I pay off a portion of my mortgage early?

Fast forward five years. 1. Apply for the HELOC 2. Put your house up for sale Can you do things in that order and in a timely manner to make an offer/purchase the next house? I was in that position (paid off house) but lucked out where I didn’t have to get the HELOC or bridge loan since I was able t...
by mortfree
Mon Aug 19, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing extra mortgage payments later in the term worth it?
Replies: 9
Views: 1132

Re: Increasing extra mortgage payments later in the term worth it?

Bi-weekly payments aren’t as great as they seem.

Pay monthly and apply extra
by mortfree
Sun Aug 18, 2019 6:30 pm
Forum: Personal Investments
Topic: Invest or pay off student loans?
Replies: 41
Views: 1749

Re: Invest or pay off student loans?

Edit your first post and list out each student loan.

SL1: balance. Rate. Monthly payment. Loan term, if applicable.
SL2:
SL3:

Etc

Otherwise quit your current job and live off the 200k. Maybe you can get that loan forgiveness /sarcasm
by mortfree
Sun Aug 18, 2019 4:33 am
Forum: Personal Finance (Not Investing)
Topic: What do you think about this Prosper loan to pay off car home Reno etc
Replies: 33
Views: 1849

Re: What do you think about this Prosper loan to pay off car home Reno etc

Bad idea.

Need a loan for a measly $2500 project? What do you have in savings?

Echoing others, why take a higher rate to “payoff” the car? You still owe the money, just to someone else and it will cost more.
by mortfree
Sat Aug 17, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage refinance? Recast?
Replies: 69
Views: 2999

Re: Mortgage refinance? Recast?

I am feeling a shift in the bogleheads world. First grabiner (payoff?) and now KlangFool (refinance?). These two seem to have always been pro mortgages. I am having a similar internal debate on refi but can only pull off a 20 at this point. 3600 closing cost and 3.375 Just about 2 years in on a 30 ...
by mortfree
Sat Aug 17, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage refinance? Recast?
Replies: 69
Views: 2999

Re: Mortgage refinance? Recast?

I am feeling a shift in the bogleheads world. First grabiner (payoff?) and now KlangFool (refinance?). These two seem to have always been pro mortgages. I am having a similar internal debate on refi but can only pull off a 20 at this point. 3600 closing cost and 3.375 Just about 2 years in on a 30 a...
by mortfree
Sun Aug 11, 2019 5:21 pm
Forum: Personal Investments
Topic: Re-invest in market now or pay off home loan with low interest rate?
Replies: 6
Views: 498

Re: Re-invest in market now or pay off home loan with low interest rate?

If you payoff the house but then decide you want to get into real estate when things are different, where is your down payment coming from? I had a paid off house at 39. Then we moved a year later (didn’t see that coming). My down payment was tied up in the paid for house. Needed a contingency to se...
by mortfree
Sun Aug 11, 2019 2:36 am
Forum: Personal Finance (Not Investing)
Topic: How to spend a bonus
Replies: 30
Views: 2181

Re: How to spend a bonus

This raises an interesting question for me. Some posters seem to be advocates of stopping charitable donations until all debt is paid off. OP is extremely generous: I just increased our charitable donations to what seems like a paltry $500/month in comparison, but I'm nearly $1M in debt with my VHC...
by mortfree
Sat Aug 10, 2019 7:09 pm
Forum: Personal Investments
Topic: Ok to increase 401K contributions before maxing out Roth IRAs?
Replies: 51
Views: 2184

Re: Ok to increase 401K contributions before maxing out Roth IRAs?

OP, I think you were reading the instructions about where to invest first and took it literally. 1. Contribute to 401k up to match. 2. Max IRA 3. Fill 401k. It doesn’t have to be in that specific order. You just need to know what contributions you can afford each year. I do 6k in Roth in January. I ...
by mortfree
Sat Aug 10, 2019 4:57 pm
Forum: Personal Investments
Topic: Laid Off - Need Advice
Replies: 48
Views: 3687

Re: Laid Off - Need Advice

Stay away from the CFP. Certified Financial Predator.
by mortfree
Sat Aug 10, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: How to spend a bonus
Replies: 30
Views: 2181

Re: How to spend a bonus

18k HELOC
23k Student loan
6k student loan
Rest to the car or retirement if you aren’t maxing certain things.

I would also reduce the charitable giving - I could not be a charitable person if my own situation looked like yours. But I know how important it is to people to give.
by mortfree
Fri Aug 09, 2019 1:19 am
Forum: Investing - Theory, News & General
Topic: AGG over BND
Replies: 10
Views: 922

Re: AGG over BND

Listed in Alphabetical order?
by mortfree
Sat Aug 03, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Finally considering paying off my mortgage
Replies: 38
Views: 3331

Re: Finally planning to pay off my mortgage

What is the mortgage balance - 100k? 250k? More? Less?

My decision would mainly be based on the balance. I did a payoff when I was at a 94k mortgage balance. That didn’t hurt as much.
by mortfree
Sat Aug 03, 2019 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Companies not sending bills
Replies: 14
Views: 1135

Re: Companies not sending bills

Another conspiracy theory:

Maybe you want to sign up for Informed Delivery through the postal service.

If you aren’t already.
by mortfree
Sat Aug 03, 2019 11:57 am
Forum: Personal Investments
Topic: Dividends to settlement fund?
Replies: 6
Views: 585

Re: Dividends to settlement fund?

Taxable - settlement fund
Roth IRA - reinvest
401k - reinvest
by mortfree
Sat Aug 03, 2019 11:08 am
Forum: Investing - Theory, News & General
Topic: Where should I put money I don’t need?
Replies: 11
Views: 1378

Re: Where should I put money I don’t need?

VTSAX
52-week info: 58.19 to 75.15

Currently at 72.79

Not the top right now :mrgreen: