Search found 1316 matches

by mortfree
Sat Dec 15, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Honda Pilot - Improving Traction
Replies: 6
Views: 335

Re: Honda Pilot - Improving Traction

Time to replace the tires (tread depth).

Not just for your safety but for the safety of the other drivers on the road.
by mortfree
Tue Dec 11, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: Buy Lexus CPO now or wait until end of Dec.?
Replies: 23
Views: 1456

Re: Buy Lexus CPO now or wait until end of Dec.?

Make sure all 4 tires match and have similar tread depth.

If you are really comparing 40k versus 47k I’d go new.
by mortfree
Wed Dec 05, 2018 3:13 am
Forum: Personal Finance (Not Investing)
Topic: Local credit union offered me a $7600 credit card I spend $800 a month on a credit card is the limit high enough?
Replies: 25
Views: 1570

Re: Local credit union offered me a $7600 credit card I spend $800 a month on a credit card is the limit high enough?

Why so concerned about the credit score? As you can see it can be easily manipulated by choosing to pay the credit card off (or down) prior to the closing date. I do this on occasion so I’ve seen it firsthand how I can manipulate my score. At the end of the day I never pay interest on my credit card...
by mortfree
Wed Dec 05, 2018 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Reuqesting Help With Managing of Winnings
Replies: 37
Views: 3679

Re: Reuqesting Help With Managing of Winnings

Surprised people are letting OP go on leaving $45k in a gambling account. (125-80).

There’s such a thing as play money but $45k at risk would be high for me (equivalent to my cash EF)

Know when to fold ‘em
by mortfree
Sat Dec 01, 2018 5:15 am
Forum: Investing - Theory, News & General
Topic: Stock Buybacks Don't Increase Share Prices
Replies: 33
Views: 2761

Re: Stock Buybacks Don't Increase Share Prices

Quick google search

“A buyback reduces the number of shares in a company held by the public. ... In the near term, the stock price may rise because shareholders know that a buyback will immediately boost earnings per share. Over the long term, a buyback may or may not be beneficial to shareholders.”
by mortfree
Fri Nov 30, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Down payment for a house or investing the money?
Replies: 15
Views: 1023

Re: Down payment for a house or investing the money?

If you put down 20k will you have to pay PMI?
by mortfree
Tue Nov 27, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Heavy Cash Position
Replies: 18
Views: 3110

Re: Advice on Heavy Cash Position

Is the student loan escrow account self imposed or required?

Just curious as I’ve never seen that before.
by mortfree
Tue Nov 27, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: Electricity bill should be 7% per month of home sq footage.
Replies: 66
Views: 3906

Re: Electricity bill should be 7% per month of home sq footage.

Appliances and Lighting are usually the top two. Do you have a programmable thermostat? I use Nest because I like to see how long the A/C or furnace runs each day. How old are your major appliances? Fridge, washer/dryer/ dishwasher. Any other unique energy consumers in your house? Do you have lots o...
by mortfree
Tue Nov 27, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6481

Re: $724k in debt and I want to buy a home.

Do you have (or need) term life insurance? Why would they need it? I dunno. Doesn’t everyone here push for umbrella insurance too? Husband 460k SL Wife 250k SL She dies. Her loans go away but husband still has his SL and only his salary now. Doable but comfortable? Add kids in the mix. Add unknown ...
by mortfree
Mon Nov 26, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: 23 years old 40K saved. What would you do?
Replies: 39
Views: 3355

Re: 23 years old 40K saved. What would you do?

2018: 6k to your parents for the mortgage pay down. Jan 2019: IF eligible, 6k to the Roth. Sometime in 2019: payoff your parents mortgage. Save save save until then I can definitely stick to saving! I may not be eligible in 2019 for the Roth if I decide to continue graduate school getting "unearned...
by mortfree
Mon Nov 26, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to a 401k in 2019
Replies: 3
Views: 418

Re: Contributing to a 401k in 2019

Contribution year should be based on the date of the paycheck. Not when you worked.

I bet your W2 does the same thing.

I am not an expert. Just has been my experience at MegaCorp
by mortfree
Mon Nov 26, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: 23 years old 40K saved. What would you do?
Replies: 39
Views: 3355

Re: 23 years old 40K saved. What would you do?

2018: 6k to your parents for the mortgage pay down.

Jan 2019: IF eligible, 6k to the Roth.

Sometime in 2019: payoff your parents mortgage.

Save save save until then
by mortfree
Mon Nov 26, 2018 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Pause retirement savings to pay off car ASAP?
Replies: 4
Views: 499

Re: Pause retirement savings to pay off car ASAP?

Usually when someone is looking to pay down debt, the first place to look is your budget for miscellaneous expenses to cut back. I wouldn’t even consider stopping retirement savings for a measly car loan. I have no problems with car loans but maybe this will help you get to know yourself better such...
by mortfree
Mon Nov 26, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8205

Re: paying off all but 1 dollar of CC

Don’t fall for this trick. Was it the credit card company that told you this? Can you figure out why they would say this? Your $1 plan is not what they expect but I’ve never paid a penny in credit card interest and my score is high enough. This thread exists, not because the OP read some misinforma...
by mortfree
Mon Nov 26, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6481

Re: $724k in debt and I want to buy a home.

Do you have (or need) term life insurance?
by mortfree
Mon Nov 26, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8205

Re: paying off all but 1 dollar of CC

Don’t fall for this trick.

Was it the credit card company that told you this?

Can you figure out why they would say this?

Your $1 plan is not what they expect but I’ve never paid a penny in credit card interest and my score is high enough.
by mortfree
Mon Nov 26, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6481

Re: $724k in debt and I want to buy a home.

Check out Whitecoat Investor website.
by mortfree
Sat Nov 24, 2018 11:20 pm
Forum: Personal Consumer Issues
Topic: Car advice - new attending - what to buy?
Replies: 37
Views: 3746

Re: Car advice - new attending - what to buy?

New car under 30k.

You should be fine.
by mortfree
Sat Nov 24, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum into a taxable account, with monthly withdrawals to pay down mortgage?
Replies: 12
Views: 1173

Re: Lump Sum into a taxable account, with monthly withdrawals to pay down mortgage?

You must like doing taxes. 12 sell transactions in a taxable. Consider setting aside 1-2 years of mortgage payments in an online money market account and pay your mortgage out of that pot. Invest the rest. Be prepared to see that amount drop. If I set aside 2 years of payments and paid monthly from...
by mortfree
Sat Nov 24, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum into a taxable account, with monthly withdrawals to pay down mortgage?
Replies: 12
Views: 1173

Re: Lump Sum into a taxable account, with monthly withdrawals to pay down mortgage?

You must like doing taxes. 12 sell transactions in a taxable.

Consider setting aside 1-2 years of mortgage payments in an online money market account and pay your mortgage out of that pot.

Invest the rest. Be prepared to see that amount drop.
by mortfree
Wed Nov 21, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: Opinion Required
Replies: 41
Views: 2412

Re: Opinion Required

Wait, if you’re this good why didn’t you make this move to cash 6 weeks ago?
by mortfree
Sat Nov 17, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3382

Re: If the market is this high, does it make sense to invest a large sum of money?

WHAT do you want to invest the 30k in?

That is the question you should be asking.

I am down way more than 30k since the market was at a high, so right now it isn’t high to me.
by mortfree
Thu Nov 15, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 58
Views: 3544

Re: which snow blower ?

I like my Ariens (recently upgraded from a 2003 Ariens).

Go to their website and search for a supplier near you. I would encourage you to buy from a “mower shop” so you can have it serviced as needed.
by mortfree
Thu Nov 15, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Young Professional...No Safe Investment? Pay off Debts?
Replies: 22
Views: 1691

Re: Young Professional...No Safe Investment? Pay off Debts?

You weren’t investing- you were trading/speculating.

On this site stock investments are usually index funds such as VTSAX (VTI etf version) for Total US.

Search the wiki for 3-fund portfolio.

Google “If you Can by Bill Bernstein”. Free pdf file online. Short read. Read it twice.
by mortfree
Tue Nov 13, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19755

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Probably reacts the same way when the portfolio drops $10 in a day.

Not much anyone can do to help.
by mortfree
Mon Nov 12, 2018 8:46 pm
Forum: Personal Consumer Issues
Topic: Feeling uneasy about recent splurge
Replies: 40
Views: 4039

Re: Feeling uneasy about recent splurge

I wouldn’t lose sleep over it.

Pay it and forget it.

Enjoy
by mortfree
Sat Nov 10, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: High-end Christmas decorations
Replies: 41
Views: 4046

Re: High-end Christmas decorations

If you want quality items chances are there will not be a significant sale on them after the holidays. The deeply discounted stuff you will probably think is junk. Get the necessities (tree, lights, ornaments). Stock up in the subsequent year(s). Enjoy THIS Christmas. Next year isn’t guaranteed (jus...
by mortfree
Sat Nov 03, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: Keep a backup hot water heater?
Replies: 104
Views: 5703

Re: Keep a backup hot water heater?

My 12 or 13- year old Bradford White recently went through a “slow” fail. I noticed a small puddle on the floor near the water heater. Used a couple paper towels to soak it up. Called the plumber. They can be there in a week. Over the course of the week I made sure we used the hot water in the morni...
by mortfree
Sat Nov 03, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: Target Red Card Auto-Pay Deceit Warning
Replies: 19
Views: 1754

Re: Target Red Card Auto-Pay Deceit Warning

No wonder they push so hard for me each and every time I buy something to “sign up for the target red card. You can save blah blah blah”.
by mortfree
Fri Nov 02, 2018 2:38 am
Forum: Investing - Help with Personal Investments
Topic: Looking to buy a house in ~3-4 years - where to put money?
Replies: 8
Views: 1272

Re: Looking to buy a house in ~3-4 years - where to put money?

If you are subject to the capital gains tax:

Sell your losers this year. (Example -$1000)

Sell winners this year to offset the losers (example +$1000)

Net effect is $0.
********
If you are not subject to the capital
gains tax (in 2018 or 2019) then you can sell whenever.
by mortfree
Thu Nov 01, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to buy a house in ~3-4 years - where to put money?
Replies: 8
Views: 1272

Re: Looking to buy a house in ~3-4 years - where to put money?

For the betterment account you may need to be strategic with when/what/how you sell for tax purposes (depending on your tax bracket).
by mortfree
Thu Nov 01, 2018 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Selling House Directly to Buyer
Replies: 28
Views: 2673

Re: Selling House Directly to Buyer

I was a buyer in this kind of transaction. I found the process to be quite simple. And my sellers were knowledgeable about real estate transactions too. Our state had standard forms that we were able to find online. Sellers disclosure and the standard agreement of sale. The two of you may want to do...
by mortfree
Tue Oct 30, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: USPS - Informed delivery - complain on missing items?
Replies: 53
Views: 3326

Re: USPS - Informed delivery - complain on missing items?

When I first signed up there were a few times where Mail was missing.

I did not hesitate to flag them. They would show up a day or two later.

I think my mail person knows I’m monitoring since I haven’t missed anything for the past few months.
by mortfree
Tue Oct 30, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9363

Re: Girlfriend's Student Loans

strange that the OP hasn't replied at all. kind of just left this subject out there and you can see where it has gone... Perhaps the decision to attend a more expensive school was well thought out: Maybe the individual wanted to go to a smaller school for smaller class size and a more challenging cu...
by mortfree
Sun Oct 28, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12777

Re: Am I doing well financially?

Random thoughts outside of the existing conversation Brown bag your lunches for work. Make dinner at home as many nights as possible (5-6) and go out once a week if you must. Do you use coupons? Buy certain items in bulk? You did well given that your salary is fairly new. But it is time to step up t...
by mortfree
Fri Oct 26, 2018 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff or save for next car?
Replies: 12
Views: 1081

Re: Mortgage payoff or save for next car?

What is your monthly mortgage payment? (P&I only).
by mortfree
Fri Oct 26, 2018 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Student loans vs House down payment
Replies: 16
Views: 1061

Re: Student loans vs House down payment

If your goal is 20k for the down payment what is your goal for savings account after you buy the house? Realistically you are going to need at least 30k-40k just so you have money left when you decide to buy the house. And you will burn through that extra savings quickly if you are just starting out...
by mortfree
Thu Oct 25, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Teach children to save 10% from day one...?
Replies: 31
Views: 2275

Re: Teach children to save 10% from day one...?

Need to balance the “learn to spend” and the “learn to save” Lots of experience can be had with small amounts of money. Less detrimental if they screw up but a potentially valuable lesson. And some people are wired to be savers and others aren’t. Your lessons may go unlearned. We let our five year o...
by mortfree
Wed Oct 24, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: 32M burned out from active investing
Replies: 28
Views: 3778

Re: 32M burned out from active investing

fiddleleaf wrote:
Wed Oct 24, 2018 10:26 am
So I'm correct that it should look like

Taxable - VTI (maybe VXUS as well?)
Roth - VFIFX or VTI/BND
Trad IRA - VFIFX or VTI/BND

and that is all she wrote?
If you ever want to tax loss harvest with VTI in your taxable, having VTI in the IRA will make that tricky.
by mortfree
Tue Oct 23, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Pay cash for the new car or finance (and what to invest with the cash)?
Replies: 32
Views: 2922

Re: Pay cash for the new car or finance (and what to invest with the cash)?

I would put most of it (50-60k) in a 12-month CD at 2.5%.

Probably not going to be a popular answer but that is what I would do.
by mortfree
Mon Oct 22, 2018 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 Expenses > 2019 Income – Help us close the gap
Replies: 101
Views: 5306

Re: 2019 Expenses > 2019 Income – Help us close the gap

50k in checking/savings could be used to make up the 10k gap.


Isn’t that a good use of the savings/EF?
by mortfree
Mon Oct 22, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Quitting w/o notice
Replies: 132
Views: 8733

Re: Quitting w/o notice

Someone did it to me when I was a manager once - left me suddenly and without a hand-off. I never forgot it - didn't matter how good he was - I just remembered him as the guy that suddenly quit without reason. I've seen the guys resume at 3 different jobs I've worked at since and blocked him from b...
by mortfree
Sun Oct 21, 2018 11:26 pm
Forum: Personal Consumer Issues
Topic: What to do with >$1000 in Amazon credits?
Replies: 57
Views: 5227

Re: What to do with >$1000 in Amazon credits?

cookymonster wrote:
Sun Oct 21, 2018 6:11 pm
Gift cards are a good suggestion. It would be nice if they had Wal-Mart. I probably will spring for Airbnb and possibly one for Southwest. Otherwise I can't easily think of one I'm sure to use quickly.
Gift card to one of their main competitors (Walmart)??
by mortfree
Sun Oct 21, 2018 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retire now or in the Spring. - changing work conditions
Replies: 36
Views: 4077

Re: Retire now or in the Spring. - changing work conditions

Sounds like your employer found a way to get rid of you.
by mortfree
Sun Oct 21, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Bear Market: Invest in Taxable, Bull Market: Pay Down Mortgage?
Replies: 8
Views: 1184

Re: Bear Market: Invest in Taxable, Bull Market: Pay Down Mortgage?

What you are missing: It doesn’t have to be all or none for mortgage vs invest. You could split the windfall/extra 50:50 or some other way. If you are analyzing it like this you may want to set a plan now and stick to it. Also, stocks make new “highs” quite frequently so it is very tough to time tha...
by mortfree
Sun Oct 21, 2018 12:26 am
Forum: Personal Consumer Issues
Topic: Headlamp for dog walking
Replies: 32
Views: 2403

Re: Headlamp for dog walking

Is the purpose for you to see or to be seen by drivers, etc when walking the dog?

Combination of head lamps and reflector vests or bands might be appropriate.
by mortfree
Sat Oct 20, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Put more than 20% down on a house?
Replies: 33
Views: 3629

Re: Put more than 20% down on a house?

Can you manage the property taxes and property insurance on your own instead of using an escrow account?

That would “reduce” your required monthly payment and you could save for these items on your own terms.
by mortfree
Thu Oct 18, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Should we downgrade our house?
Replies: 43
Views: 3984

Re: Should we downgrade our house?

If you think the neighborhood is “bad” now what will it be like in a few years?

Quality of life is important and your home should bring you peace, not worry.

Rent first if that is less expensive.
by mortfree
Thu Oct 18, 2018 4:27 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8626

Re: When to change tires; and what brand

4/32 to 5/32 range I try to hold off until November (before snow) or time it with a rebate.

Goodyear ComforTred (spelling?) for accord.

Put Michelin on my wife’s SUV in September based on the criteria mentioned above (and we were sold a CPO with one tire that didn’t match the others).
by mortfree
Thu Oct 18, 2018 3:17 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 110
Views: 23784

Re: Water Heater Install $1,800!

75 gallon water heater
Propane
Power Vent

$2200 installed

Expansion tank +$90

Slow drip on existing one that is 12-13 years old.