Search found 1544 matches

by mortfree
Sun May 19, 2019 4:29 am
Forum: Personal Finance (Not Investing)
Topic: Best credit union for mortgage?
Replies: 22
Views: 1142

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: 2729

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: 7420

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: 30 years old, What should I do with all this cash?
Replies: 18
Views: 3518

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: 1888

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: 7036

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: 32
Views: 1930

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: 2739

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: 2110

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: 1167

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: 2262

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: 4898

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: 4898

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: 4708

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: 2618

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: 938

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: 1925

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: 2695

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: 2695

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: 555

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: 844

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: 860

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: 3022

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: 650

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: 1657

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: 6726

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: 1539

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: 1810

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: 1810

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: 1853

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: 454

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: 3061

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: 1437

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.
by mortfree
Fri Apr 12, 2019 6:59 pm
Forum: Personal Investments
Topic: Investing gift from grandma
Replies: 46
Views: 3061

Re: Investing gift from grandma

Apple
by mortfree
Fri Apr 12, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 6137

Re: Soon to be dad, how to prepare

I saved a separate baby emergency fund ($1000) just to help cover unplanned doctor visits, meds, etc. kept this in place until kid was 2.5-3 years old if I remember right (lack of sleep and no sense of time in the early years)

It gave me some peace of mind when everything else was changing around us.
by mortfree
Wed Apr 10, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5781

Re: Notice to vacate/late rent

I would have May’s payment in their office on or before Friday April 26
by mortfree
Tue Apr 09, 2019 8:07 pm
Forum: Personal Investments
Topic: Best time to contribute money to Roth IRA?
Replies: 17
Views: 1336

Re: Best time to contribute money to Roth IRA?

Contribute the $6k on April 10. Most important thing is that you are contributing. At 24, you have a lot of time in the market. Best thing is to pick a fund you can live with and just add to it each year. VTSAX is a good one. I’m 42 and opened a new Roth at Vanguard this year. I chose balanced index...
by mortfree
Tue Apr 09, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18763

Re: Wife hates new job...wants to quit after 1 day

Some comments, don't take this as criticism: 1. Poor job search and job negotiation. You need to ensure that these type of problems don't arise *BEFORE* you start the new job. To do so, you request to meet as much of the new team as possible, meet boss's boss, etc, During the interview the candidat...
by mortfree
Sat Apr 06, 2019 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Which lenders give mortgage pre-approval good for >4 months?
Replies: 23
Views: 1365

Re: Mtg pre-approval: 7 day turnaround, good for 120 days

Pre- qualification letter versus pre-approval letter.

I could get a pre-qual letter with a quick online application.

Pre-approval carries more weight than pre-qual.
by mortfree
Sat Apr 06, 2019 2:58 pm
Forum: Personal Investments
Topic: What international stock fund to allocate to Roth IRA Vanguard?
Replies: 5
Views: 460

Re: What international stock fund to allocate to Roth IRA Vanguard?

The important thing is that you contributed the max for 2018 and 2019.

Choosing low cost index funds is the next part which you are doing.

It is simple because you have the right ones listed and you do not need to worry about tax efficient placement in a Roth.
by mortfree
Sat Apr 06, 2019 11:05 am
Forum: Personal Consumer Issues
Topic: Thinking of selling my financed iPhone XS Max and going back to Android...
Replies: 40
Views: 2513

Re: Thinking of selling my financed iPhone XS Max and going back to Android...

Buyers remorse. Keep the iPhone. We have 2 iPhone XS which we upgraded to from the 7. The plan was to keep them 4 years and enjoy the latest camera technology to capture our kids precious moments. I paid up front for the phone rather than financing. The camera is rather bad, indoors. Outside, it's ...
by mortfree
Sat Apr 06, 2019 7:56 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 136
Views: 5623

Re: Received a Ransomware email

Data breach that compromised that specific password used at company x. Now these scammers are using that info to scare folks.

A google search will quickly confirm.
by mortfree
Thu Apr 04, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Submitting Backup Offer on Home
Replies: 35
Views: 2413

Re: Submitting Backup Offer on Home

If the seller requested a backup offer, my new offer would be lower than my original offer

8-)
by mortfree
Wed Apr 03, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Anxiety about car/house purchase
Replies: 28
Views: 2883

Re: Anxiety about car/house purchase

Gosh. When I was 22 I bought a $24k new car and my salary was 30k (I even bought the car a month before I graduated college and started working).

Don’t sweat the small stuff. You’ll live a short life if this bothers you.
by mortfree
Mon Apr 01, 2019 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 674

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

TheFire wrote:
Mon Apr 01, 2019 2:42 pm
mortfree wrote:
Mon Apr 01, 2019 2:24 pm
What are the individual student loan amounts? Assume you have multiple loan amounts and rates
Yes, there are 5 of them.
1. $4800 at 4.66%
2. $4800 at 3.40%
3. $2200 at 3.86%
4. $1900 at 4.66%
5. $1800 at 3.86%
I would pay off 3,4 and 5.

Keyword in that sentence is “I”