Search found 1617 matches

by mortfree
Tue Jun 18, 2019 6:38 pm
Forum: Personal Consumer Issues
Topic: Pennsylvania Vehicle Registration Renewal - 2 year option
Replies: 49
Views: 7807

Re: Pennsylvania Vehicle Registration Renewal - 2 year option

I renewed again for 2 years.

These things only go up in cost in PA
by mortfree
Mon Jun 17, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 1765

Re: Help with car decision

What about a Crosstrek? Maybe not as different size wise versus Accord.

Does it have to be a Subaru or do you just want a roomier vehicle?
by mortfree
Mon Jun 17, 2019 5:05 pm
Forum: Personal Investments
Topic: How to balance retirement investments vs. house/car down-payments as a 20-something year old?
Replies: 5
Views: 492

Re: How to balance retirement investments vs. house/car down-payments as a 20-something year old?

You are on the right path. I would consider putting 15-20% towards the 401k. Max the roth. Save the rest. What does your housing market look like as far as home prices? What will your savings need to be to cover 20% down and closing costs? Also will need to factor in house items (appliances, furnitu...
by mortfree
Mon Jun 17, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: Keep 12 yr old bmw?
Replies: 21
Views: 1344

Re: Keep 12 yr old bmw?

OP, just admit you want a new BMW... :D I’m torn. It would be nice to have a reliable new BMW but my frugal boglehead voice tells me to keep the money invested and drive my current old BMW until the repairs aren’t worth it. Only problem is that the BMW dealership told me it would take 2-3 months fo...
by mortfree
Mon Jun 17, 2019 9:56 am
Forum: Personal Investments
Topic: Alternative to $3,000 minimums at Vanguard
Replies: 13
Views: 760

Re: Alternative to $3,000 minimums at Vanguard

Use the ETF version of the funds you listed.

VTI, VXUS and BND.
by mortfree
Mon Jun 17, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Selling Home - When to Reduce Price?
Replies: 27
Views: 1897

Re: Selling Home - When to Reduce Price?

409,000

Eventually 399,900

Or 999 instead of 000

I am not a realtor.
by mortfree
Mon Jun 17, 2019 2:31 am
Forum: Personal Investments
Topic: 24 Years Old - Need Advice
Replies: 6
Views: 625

Re: 24 Years Old - Need Advice

Living at home with parents. Been there done that. Eliminated debt and saved a lot of money.

Payoff at least one of the student loans - the 4.66% seems like a good one to start with.

It will be nice to enter the real world with a clean slate. Though you have a short timeline.
by mortfree
Mon Jun 17, 2019 2:18 am
Forum: Personal Finance (Not Investing)
Topic: Need advice - refinancing from 30 yr. to 10 yr. fixed mortgage
Replies: 39
Views: 2243

Re: Need advice - refinancing from 30 yr. to 10 yr. fixed mortgage

Just remember every time you refi you reset P and I proportions. You usually pay more interest in the begging. Are you only referring to a refi of an existing 30 year back to a 30- year? Does the same apply if the OP is 7 years into a 30-year but is now considering going to a 10-year mortgage? The ...
by mortfree
Sun Jun 16, 2019 4:37 am
Forum: Personal Consumer Issues
Topic: Radon levels in home
Replies: 24
Views: 2094

Re: Radon levels in home

You should have had a radon fan or radon mitigation system installed as part of the real estate transaction.

I would look into that now otherwise you will probably have to install one when you sell the house since you are above the action level in the basement.
by mortfree
Sat Jun 15, 2019 8:05 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 134
Views: 21148

Re: Don't pay full price for SiriusXM radio

Currently offering 12 months for $77 (includes taxes and fees). Just check their website homepage under subscriptions button (top right). I just renewed this morning. I just see the 10.99, 15.99, and 20.99 packages I was NOT logged into my account. I found the deal and then the next page I just inp...
by mortfree
Sat Jun 15, 2019 7:27 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 4277

Re: Should I invest 100k into a total index or do it slowly

FarmD wrote:
Sat Jun 15, 2019 5:54 pm
I will be investing 5 k per month into a vanguard total index. I wondering if should invest 100k upfront to get the compounding interest going ?

Any suggestion
If you are going to invest 60k per year (5k / month) I would just dump the 100k in now.
by mortfree
Sat Jun 15, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 134
Views: 21148

Re: Don't pay full price for SiriusXM radio

Currently offering 12 months for $77 (includes taxes and fees).

Just check their website homepage under subscriptions button (top right).

I just renewed this morning.
by mortfree
Sat Jun 15, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 66
Views: 3934

Re: IPhone 6 - showing some age

Other problem my iPhone 6 has is charging port makes poor contact with charging plug. Helps somewhat (but does not cure) to clean out the charging port, but keeping the plug plugged in is always precarious - I probably need a new charging port too. Or maybe I'm not capable of getting it clean enoug...
by mortfree
Sat Jun 15, 2019 8:15 am
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 66
Views: 3934

Re: IPhone 6 - showing some age

When is the last time you turned your phone completely off?
by mortfree
Thu Jun 13, 2019 6:30 pm
Forum: Personal Investments
Topic: New here-question on changing brokers
Replies: 10
Views: 321

Re: New here-question on changing brokers

If the funds cannot be transferred to VG in kind, how could they sell them when EJ “owns” them??

I don’t think VG said anything wrong here. Maybe I’m missing something.
by mortfree
Thu Jun 13, 2019 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

Tell your agent to notify the buyer that your recent offer to solve the problem was non-negotiable.

They can take it or leave it.

Sorry - I know there are lots of emotions with this. Been there.
by mortfree
Wed Jun 12, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: 50 or 75 gallon water heater?
Replies: 67
Views: 3836

Re: 50 or 75 gallon water heater?

$600 difference?

No brainer to go with the 75 gallon.

If you are thinking tankless, do you have hard water and/or a water softener already?
by mortfree
Wed Jun 12, 2019 4:15 am
Forum: Personal Finance (Not Investing)
Topic: How to preserve $10M+ in wealth owned by unsophisticated people?
Replies: 82
Views: 14435

Re: How to preserve $10M+ in wealth owned by unsophisticated people?

Vanguard PAS should have been mentioned in your first post if you are a self-proclaimed boglehead.

Putting down your family while they are the ones who have amassed a large fortune?

That kind of wealth building doesn’t happen by accident.
by mortfree
Wed Jun 12, 2019 1:17 am
Forum: Personal Consumer Issues
Topic: (Water Filtration System) Miracle we are all not dead
Replies: 61
Views: 5333

Re: (Water Filtration System) Miracle we are all not dead

Consult a plumber who installs these systems. I think my old house we had a Waterfalls system installed. I may be wrong on the brand.

I have also heard of others who saved money by initially leasing the water softener system such that the company covered the installation costs.

Good luck and YMMV
by mortfree
Tue Jun 11, 2019 9:39 pm
Forum: Investing - Theory, News & General
Topic: What financial information do you wish was more commonly known?
Replies: 46
Views: 7287

Re: What financial information do you wish was more commonly known?

The so-called experts at the financial institutions aren’t helping you with your money.

They are helping themselves to your money.
by mortfree
Tue Jun 11, 2019 9:18 pm
Forum: Personal Investments
Topic: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"
Replies: 13
Views: 2963

Re: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"

If you want a similar balanced fund in a higher tax bracket, you would use Tax-Managed Balanced Fund. What MFJ tax bracket(s) would that be? 24% or higher would be my best guess. That is, I assume that taxable bonds and munis of comparable risk have comparable returns in a moderate tax bracket. I n...
by mortfree
Tue Jun 11, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: Hot Water Tank
Replies: 14
Views: 1479

Re: Hot Water Tank

Lochinvar. Spelling might be off.
by mortfree
Tue Jun 11, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Sudden Debt - best strategy to pay off? (30k total)
Replies: 20
Views: 2042

Re: Sudden Debt - best strategy to pay off? (30k total)

I don’t think the girlfriend should be offering financial advice for your situation. It will be a long life if you have to always be the financially responsible one; especially when she makes a really good salary, but doesn’t like to spend her money on regular, non-exciting expenses. Divide the debt...
by mortfree
Tue Jun 11, 2019 5:09 am
Forum: Personal Investments
Topic: Cash to investments
Replies: 31
Views: 2521

Re: Cash to investments

Santhony511 wrote:
Tue Jun 11, 2019 4:38 am
I am sitting on some cash in a taxable account. Invest it now or wait me til market corrects ? I know timing is discouraged here but common sense says market is overvalued. Goal is 60% stock. Any thoughts?
How much cash?

Did you have the cash in December 2018- If so why didn’t you invest then?
by mortfree
Tue Jun 11, 2019 5:07 am
Forum: Personal Investments
Topic: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"
Replies: 13
Views: 2963

Re: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"

grabiner wrote:
Mon Jun 10, 2019 6:50 pm
If you want a similar balanced fund in a higher tax bracket, you would use Tax-Managed Balanced Fund.
What MFJ tax bracket(s) would that be?

Also, for others, this fund has a 10k minimum.

Thanks!
by mortfree
Mon Jun 10, 2019 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage refinance options
Replies: 20
Views: 1802

Re: Mortgage refinance options

If the rate is 2.75% and has those fees, what is the APR?
by mortfree
Mon Jun 10, 2019 8:59 pm
Forum: Personal Investments
Topic: Update:High interest ARM extra payment vs. 401K...yes another one
Replies: 22
Views: 928

Re: High interest ARM extra payment vs. 401K...yes another one

mortfree my home is worth around 225K, if it matters I'm not planning on moving. I'm definitely going to look at some refinancing rates. It sounds like the best option as I don't want to pay capital gains taxes and still not have enough to pay it off right away. So your net worth is $391000 on pape...
by mortfree
Mon Jun 10, 2019 8:08 pm
Forum: Personal Investments
Topic: Update:High interest ARM extra payment vs. 401K...yes another one
Replies: 22
Views: 928

Re: High interest ARM extra payment vs. 401K...yes another one

Taxable: 75k
Retirement: 182k

Home Equity: x - 91k?

I would refinance to a 10 or 15-year mortgage.

Depending on that last part and how your current net worth breaks down, I would guess you should increase the 401k contributions.
by mortfree
Mon Jun 10, 2019 6:17 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 233
Views: 12240

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Great thread. These car questions always bring out all interesting view points. As a corvette fan I have gone through most of the thoughts that people have shared. I do not own one and probably never will for various reasons. Here’s a unique one to consider https://www.roadandtrack.com/motorsports/a...
by mortfree
Sun Jun 09, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Notify insurance or not?
Replies: 22
Views: 2111

Re: Notify insurance or not?

Philadelphia police will not respond to auto accidents.

So how does one get a police report?
by mortfree
Sun Jun 09, 2019 10:20 am
Forum: Personal Investments
Topic: considering opening a UTMA to reduce taxes... financial aid mistake?
Replies: 29
Views: 1362

Re: considering opening a UTMA to reduce taxes... financial aid mistake?

OP.

Your best bet is to stop working 2 years before college starts/ reduce your income.

Otherwise prepare to shell out the big bucks for college.

Cross-posted
by mortfree
Sat Jun 08, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing Dilemma
Replies: 11
Views: 1225

Re: Refinancing Dilemma

I would stick with Ally.

The escrow is a deal breaker for me. Closing costs as well.

You could probably make an extra payment(s) to pay less interest than you would with the other firm.

Don’t pay points with Ally either.
by mortfree
Sat Jun 08, 2019 2:55 pm
Forum: Investing - Theory, News & General
Topic: Insights From a Long Call With Vanguard Reps Today
Replies: 74
Views: 11982

Re: Insights From a Long Call With Vanguard Reps Today

Not exactly surprising but, they agreed LifeStrategy funds aren’t suited for taxable accounts. Interesting. When I had questions about opening a taxable account, wanting to get more return than high yield savings but also stability, they steered me towards LS funds. ReedMan, Which could make sense ...
by mortfree
Sat Jun 08, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: ReFi home to get 3.5% interest rate?
Replies: 31
Views: 3048

Re: ReFi home to get 3.5% interest rate?

State tax on a refi? Some states like Pennsylvania charge a tax on refinance of mortgage, it so I've heard. Need more details. I’m in PA and had refinanced twice but I don’t remember details. Are you referring to a deed transfer tax or something else? Deed transfer tax is only on a purchase; not a ...
by mortfree
Fri Jun 07, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund to pay debt
Replies: 25
Views: 1718

Re: Emergency fund to pay debt

Too bad there isn’t more information.

how many student loans are there - can we assume just one?

Instead of depleting the EF at one shot why not chip away at the SL. Say 500 per month from there.

Depending on your cash flow it could just be a shell game with the money anyways.
by mortfree
Fri Jun 07, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Close to making an offer on a home
Replies: 65
Views: 5216

Re: Close to making an offer on a home

- honestly if the appraisal comes at or above the asking, we have no issues - we will pay it as part of our mortgage Huh? Am I reading that right? If the appraisal comes at or above asking then you are fine. You don’t owe more money than the agreed upon purchase price. Yikes If the appraisal comes ...
by mortfree
Fri Jun 07, 2019 3:52 am
Forum: Personal Investments
Topic: Investment Advice for a Married Couple
Replies: 16
Views: 2488

Re: Investment Advice for a Married Couple

You said the child is arriving in July and you haven’t looked at childcare options?

How long will you/your husband be able to stay at home after the baby arrives? Grandparents or other relatives helping?

If not Definitely start looking now. Some daycares have waiting list.
by mortfree
Fri Jun 07, 2019 3:29 am
Forum: Personal Finance (Not Investing)
Topic: Close to making an offer on a home
Replies: 65
Views: 5216

Re: Close to making an offer on a home

3) If the seller paid those extra $3K in costs then your property taxes would be based on a price that is $3K higher and you could be paying higher property taxes as long as you own the house. You lost me here. Maybe it is location dependent but property taxes in PA are based on the assessed value ...
by mortfree
Thu Jun 06, 2019 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Close to making an offer on a home
Replies: 65
Views: 5216

Re: Close to making an offer on a home

Sellers counter was perfectly acceptable. Why would they cover your closing costs or even the home insurance? I can’t speak to the HOA transfer. I think you are just looking to WIN. Your win is getting the house. You should read the thread about the demanding buyer. There’s a link in there about nit...
by mortfree
Tue Jun 04, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5429

Re: Is it Wise to Remove Escrow if Bank Allows it?

Agree on not using an escrow account. Never have.

Now that means I am not forced to pay $1000 more each month to cover those expenses.

I can save at my own rate to ensure I can make the property tax payments and insurance payments.
by mortfree
Mon Jun 03, 2019 6:49 pm
Forum: Personal Investments
Topic: Would you pay off car loan early?
Replies: 46
Views: 2213

Re: Would you pay off car loan early?

How does one payoff a $15,900 loan with a $1000 bonus?

Just wondering.

Will OP see all $1000 or is that before tax?
by mortfree
Sun Jun 02, 2019 8:15 pm
Forum: Personal Investments
Topic: Kid Has Money
Replies: 15
Views: 1778

Re: Kid Has Money

Hide it from them until they turn 30. It will be a nice surprise. Meanwhile, show them the Boglehead way. Actually have thought of this in some ways. Obviously taxes on the investment account would make it impossible to hide from the kid. Kid also has a credit union account that I was basically goi...
by mortfree
Sun Jun 02, 2019 7:55 pm
Forum: Personal Investments
Topic: Maximum amount of Tax Loss Harvesting advisable per year?
Replies: 27
Views: 1501

Re: Maximum amount of Tax Loss Harvesting advisable per year?

Dumb question: What is the max TLH allowed in a tax year? Max TLH is unlimited... How much loss can you claim in one tax year? My understanding is that you can only show a total of a 3k loss. So that’s why I was wondering if you could do 6k loss with a 3k gain for a net 3k loss. I Hadn’t thought of...
by mortfree
Sun Jun 02, 2019 7:44 pm
Forum: Personal Investments
Topic: Maximum amount of Tax Loss Harvesting advisable per year?
Replies: 27
Views: 1501

Re: Maximum amount of Tax Loss Harvesting advisable per year?

Dumb question:

What is the max TLH allowed in a tax year?

3k loss and that is it?
Or
3k gain offset by 3k loss and another 3k loss?
by mortfree
Sun Jun 02, 2019 6:28 pm
Forum: Personal Investments
Topic: Kid Has Money
Replies: 15
Views: 1778

Kid Has Money

My kid turns 6 years old. Through the power of saving, gifting, etc my kid has accumulated the following totals. 8k invested (UTMA at E*TRADE) 7k in online bank account (CapOne). There is not a 529 plan for the kid. When I first started out I didn’t expect the $$$ to accumulate so quickly. I will le...
by mortfree
Sat Jun 01, 2019 6:29 pm
Forum: Personal Investments
Topic: UTMA Mutual Funds Disaster!
Replies: 22
Views: 2186

Re: UTMA Mutual Funds Disaster!

Regarding OP question on time of year. I believe that is solely from a tax perspective but others are interpreting as market timing (I could be wrong). What is a good tax strategy for selling these funds? Assuming you will have to pay tax on the long term gains: Sell losers to offset winners. Be awa...
by mortfree
Sat Jun 01, 2019 6:23 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153080

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

^^^^
Don’t get me wrong it is a very informative thread.

I agree with CULater that it is becoming a little heated.

I’m just hoping my 2017 Accord LX doesn’t have this problem. It is a 2.4L if I remember right.

I also have a 2014 Pilot.
by mortfree
Sat Jun 01, 2019 6:21 pm
Forum: Personal Consumer Issues
Topic: Double ovens, please advise on these options, have gone through 2 ovens in under 10 years.!
Replies: 49
Views: 3102

Re: frigo

Bogle7 wrote:
Fri May 31, 2019 8:59 pm
mortfree wrote:
Fri May 31, 2019 8:45 pm
Kitchen-aid fridge with cabinet panels
How tall is your fridge?
Fridge part is around 6’2” tall. Then the compressor is on top For a total 6’11”.
by mortfree
Sat Jun 01, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153080

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

1. Your CRV (and civics) has the oil dilution problem.
2. Honda attempted a fix.
3. Honda extended the warranty.
4. You are keeping your CRV.

I believe this thread has run its course. Haha.
by mortfree
Fri May 31, 2019 8:45 pm
Forum: Personal Consumer Issues
Topic: Double ovens, please advise on these options, have gone through 2 ovens in under 10 years.!
Replies: 49
Views: 3102

Re: Double ovens, please advise on these options, have gone through 2 ovens in under 10 years.!

Wolf double ovens. My wolf range is 17 years old and just had it's first repair. Paid $400 to replace some valves. It was made in the USA and everything is repairable. My repair guy had 20 years of experience across many brands, so I picked his brain on what he has to repair the most. He told me th...