Search found 1261 matches

by mortfree
Tue Oct 16, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: advice on first home
Replies: 15
Views: 577

Re: advice on first home

don't touch the 401k...

if the realtor continues to push that, find a new realtor.

seriously.

Nothing wrong with renting if it is 1000 per month and the mortgage will be double.

why the house, as another poster asked?
by mortfree
Tue Oct 16, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Sell & Buy New Home Now vs. Next Spring
Replies: 25
Views: 966

Re: Sell & Buy New Home Now vs. Next Spring

You haven't told us where you live... your property taxes may be a factor in your decision, and a drop in house prices would help you out there. You will be paying property taxes long after you pay off your house (assuming you stay in that house long-term, which of course is a big assumption). Unle...
by mortfree
Tue Oct 16, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Finally ready to start investing in RothIRA (23yrs old)
Replies: 8
Views: 452

Re: Finally ready to start investing in RothIRA (23yrs old)

check the minimums on the mutual funds you choose. Some of them can be 3,000.

ETFs do not have a minimum investment, but you need to buy whole number of shares.
by mortfree
Tue Oct 16, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Sell & Buy New Home Now vs. Next Spring
Replies: 25
Views: 966

Re: Sell & Buy New Home Now vs. Next Spring

Assuming you are only moving to change school districts (I may have done this), I would move when you find THE house you want... or before school starts, whichever happens first.

also at this rate and with the holidays coming, slim chance you will be in a new house in 2018...
by mortfree
Mon Oct 15, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Should I pay off low interest loans or use money elsewhere?
Replies: 5
Views: 409

Re: Should I pay off low interest loans or use money elsewhere?

Depending on condo costs and savings needs, I would consider also paying off the two 4.25% loans.

Not because of the rate but because it is still debt and she has a high income.

Are you two going 50:50 on future expenses?
by mortfree
Sat Oct 13, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 5858

Re: Neighbor discussing finances with me

Best thing I ever did was ask my neighbor how he prepared for retirement. He mentioned Buffett and Bogle. Sometimes the conversations do work. For the OP’s case. I’d let it go about the bond fund. More concerning is that the neighbor has an advisor but that’s a whole other topic that isn’t discussab...
by mortfree
Sat Oct 13, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5320

Re: Weigh in on our Marital Argument =)-- HCOL edition

Avoid a lengthy commute at all costs. I have been doing a 1hr+ commute for 18 years. It isn’t fun. So you will need to reprogram your husband’s brain about debt and his goal of not having a mortgage. If you want the suburb life, then you really should look to be out of NYC all together. Again, commu...
by mortfree
Sat Oct 13, 2018 3:37 am
Forum: Personal Consumer Issues
Topic: FYI for anyone leasing a Ford
Replies: 6
Views: 775

Re: FYI for anyone leasing a Ford

Dealership wanted you to buy from them again, sooner?

Easy to play dumb when you can make money.

All above could be incorrect assumptions
by mortfree
Thu Oct 11, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase - Sellers Request Help with Repairs
Replies: 69
Views: 3022

Re: Home Purchase - Sellers Request Help with Repairs

Walk away.

Let them fix it

Try to buy again.
by mortfree
Thu Oct 11, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7364
Views: 1546326

Re: U.S. stocks in freefall

Woohoo. Congrats to the poster whose name escapes me that said they had buy orders for VTI at $140 and were not buying until they got there. Wonder if I'll get a chance to TLH my domestic holdings for the first time soon. Me. I settled on 10 shares at 143 on Wednesday. For the longest while you had...
by mortfree
Thu Oct 11, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs. Cash
Replies: 28
Views: 2148

Re: Mortgage vs. Cash

700k -575k house price. =125k. Minus: Closing costs Moving costs Property taxes New home needs New home surprises Why does it have to be mortgage vs investing? I dont know. I don’t think the math is that simple and OP will be left with minimal cash. The salary is a huge help but plans to take a 100k...
by mortfree
Thu Oct 11, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs. Cash
Replies: 28
Views: 2148

Re: Mortgage vs. Cash

15-year mortgage (borrow 300k or so). keep some liquidity. You are worried about stocks crashing or being all-time high. Do you have any concerns about the housing market? Interest rates, affordability, etc... To others: I regret having had a paid off mortgage (age 39).... because I moved and now I ...
by mortfree
Thu Oct 11, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Which market should I go for, to profit most from the correction?
Replies: 35
Views: 3012

Re: Which market should I go for, to profit most from the correction?

coupleofcents wrote:
Thu Oct 11, 2018 9:19 am
lostdog wrote:
Thu Oct 11, 2018 8:02 am
After reading this entire thread, is this a troll post?
I often think the same thing on posts like these. Hard to tell.
he had 2-3 threads going earlier this week about gloom and doom articles.
by mortfree
Thu Oct 11, 2018 3:23 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5133

Re: Feeling Guilt among family/peers

It’s ok to be on another level financially compared to your family and friends. My question on your finances is are you doing the following?: 70k-18.5k-5.5k I spent 12k on my wife’s ring. No one needs to know the dollar amount so yes you will get looks for mentioning that. Just like when you have a ...
by mortfree
Wed Oct 10, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: "Do not invest with Vanguard if you are a market-timer." - Vanguard
Replies: 12
Views: 2561

Re: "Do not invest with Vanguard if you are a market-timer." - Vanguard

My ETF market limit order at Vanguard went through today at almost $9/share less than the 52-week high.

False advertising.
by mortfree
Wed Oct 10, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 93
Views: 7930

Re: When will you backup the truck on stocks

I bought VTI (Total US ETF) today. 10 shares at $143. I had set that market limit order a few weeks ago in my taxable account. Avoided the recent dividend on purpose so timing worked out. But now I need to come up with another $1400 for 2019 Roth. Oh well. Wait to see what is in store. But VTI price...
by mortfree
Tue Oct 09, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to pay this car loan off?
Replies: 17
Views: 725

Re: Best way to pay this car loan off?

all those payments and you really only paid $55 extra $1205-($575*2 months)=$55 make the monthly payment and add a few extra dollars... I'm surprised the loan company is even letting you make these small payments (No expertise, just my thoughts) Well, technically, the loan originated at the end of ...
by mortfree
Tue Oct 09, 2018 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to pay this car loan off?
Replies: 17
Views: 725

Re: Best way to pay this car loan off?

all those payments and you really only paid $55 extra

$1205-($575*2 months)=$55

make the monthly payment and add a few extra dollars...

I'm surprised the loan company is even letting you make these small payments (No expertise, just my thoughts)
by mortfree
Mon Oct 08, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Save money to invest in January?
Replies: 3
Views: 541

Re: Save money to invest in January?

I now have $4600 sitting at Vanguard waiting for my 2019 Roth contribution on January 2.
by mortfree
Mon Oct 08, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6438

Re: Market decline in 2019 ?

Lots of “porn” on the forum today.
by mortfree
Sun Oct 07, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Rate of return in negative
Replies: 16
Views: 1885

Re: Rate of return in negative

If your fund distributed a dividend or capital gain and that was re-invested, then that also is used for your rate of return calculation.

If I’m wrong someone will say something.
by mortfree
Sat Oct 06, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: Just purchased the new 2018 Jeep Wrangler
Replies: 30
Views: 3559

Re: Just purchased the new 2018 Jeep Wrangler

helloeveryone wrote:
Sat Oct 06, 2018 6:16 pm
bob60014 wrote:
Sat Jul 07, 2018 9:21 pm
Kinda along the same lines as Ford use to be, "Fix Or Repair Daily! "
"Found On Road Dead"
“Driver Return On Foot”
by mortfree
Sat Oct 06, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Former Employer Contracting Opportunity - Share Your Thoughts
Replies: 29
Views: 1521

Re: Former Employer Contracting Opportunity - Share Your Thoughts

As an employee you were probably getting other benefits in addition to your salary.

Now as a contractor you won’t be getting the benefits.

I’d stick to your number and if they give it, great

If not, sounds like you are enjoying retirement

PS. I read the whole thing.
by mortfree
Sat Oct 06, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Mortgage lump sum question - What would you do?
Replies: 23
Views: 2475

Re: Mortgage lump sum question - What would you do?

So you payoff your mortgage and then you have to take out student loans (at a higher rate)?

That 2.75% rate just may be priceless now.

Do you really want to plow 200k more of untouchable money (relatively) into your home??
by mortfree
Sat Oct 06, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: A strategy to pay off home at retirement?
Replies: 57
Views: 4160

Re: A strategy to pay off home at retirement?

You are looking ahead 3-4 years. What do your numbers look like now? Mortgage amount and assets. Where are your investments- pre-tax retirement, taxable, etc? In the next 3-4 years, what are you doing with your paychecks? Are you maxing for retirement , etc? If you do have 150k left when you retire ...
by mortfree
Fri Oct 05, 2018 7:29 am
Forum: Investing - Help with Personal Investments
Topic: 47yo funded college, paid house, maxed retirement...now what?
Replies: 22
Views: 2735

Re: 47yo funded college, paid house, maxed retirement...now what?

I would say that you probably don’t need to take more risk with future dollars.

Keep it simple and plow the money towards that and enjoy.
by mortfree
Thu Oct 04, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Help - Question about my Financial Planner
Replies: 6
Views: 444

Re: Help - Question about my Financial Planner

Do not send any additional funds to this financial planner until you figure things out (you're already so close).

Fees, fees, fees will hurt you over time.
by mortfree
Tue Oct 02, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC to Pay off Mortgage
Replies: 36
Views: 3254

Re: HELOC to Pay off Mortgage

what about a refinance to 15-year term? I did not see any advantage of 15 year mortgage, the interest amount was more or less same. This is false. You will pay many more dollars in interest by paying off a 30 year mortgage in 30 years rather than 15 years on a 15 year mortgage. This is due primaril...
by mortfree
Tue Oct 02, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: My bank and absurd policy for "no fee"
Replies: 51
Views: 4194

Re: My bank and absurd policy for "no fee"

Absurd??? I’m not seeing that with your two choices. Now if they required a certain number of transactions per month and a minimum balance and a direct deposit and a safety deposit box and a personal loan and a credit card that you actively use - just to get no fees. Well, I think you see how “absur...
by mortfree
Mon Oct 01, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Where to keep emergency fund?
Replies: 15
Views: 1261

Re: Where to keep emergency fund?

Take 10-15k and open a 12-month CD at CapOne.

I think it’s around 2.4-2.5% now.

The rest of it should be in CapOne MM. I have 40 in mine so I’m not concerned by your current amount.
by mortfree
Sat Sep 29, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortage if I'm already maxing 401k and Roth?
Replies: 16
Views: 2277

Re: Pay extra on mortage if I'm already maxing 401k and Roth?

How much “extra “ do you have?

I was going to tell you to split the extra - 50% to invest and 50% to mortgage.

I put an extra $260-300/month towards my mortgage but I wouldn’t split that small amount.
by mortfree
Fri Sep 28, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Income Sheltering for FAFSA
Replies: 11
Views: 1261

Re: Roth IRA Income Sheltering for FAFSA

to be eligible for the roth, does she have earned income? how much?
by mortfree
Fri Sep 28, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: auto insurance - ??
Replies: 11
Views: 1021

Re: auto insurance - ??

who did you use for homeowner's after the other company dropped you?
by mortfree
Thu Sep 27, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: VTI vs VTSAX [Vanguard Total Stock Mkt ETF vs. Admiral Shares]
Replies: 12
Views: 1777

Re: VTI vs VTSAX

VTSAX paid the dividend today????
by mortfree
Thu Sep 27, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: New Relationship - Best way to handle finances?
Replies: 92
Views: 6714

Re: New Relationship - Best way to handle finances?

What’s hers is hers and what ‘s yours is hers.

Can you live like that ?
by mortfree
Thu Sep 27, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: HELOC to Pay off Mortgage
Replies: 36
Views: 3254

Re: HELOC to Pay off Mortgage

what about a refinance to 15-year term?
by mortfree
Thu Sep 27, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: FSBAX for saving future house down payment (Fidelity® Short-Term Treasury Bond Index Fund - Premium Class
Replies: 5
Views: 351

Re: FSBAX for saving future house down payment (Fidelity® Short-Term Treasury Bond Index Fund - Premium Class

Aren't you able to save enough for a house downpayment in one calendar year?

why are you starting so early?

What is your savings target: 20%, 30%,...100% of the house?

However, I'll also guess that this savings target is less than 20% of your net worth, so might be moot point.
by mortfree
Wed Sep 26, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: When do you need a hearing aid
Replies: 47
Views: 2777

Re: When do you need a hearing aid

Any suggestions would be appreciated especially experience with regard to special (which isn't special) circumstances which do not show up in the aid shop. Depending on the level of your hearing loss, you may need to lower your expectations. they will not give you super hearing powers in a noisy en...
by mortfree
Tue Sep 25, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: When do you need a hearing aid
Replies: 47
Views: 2777

Re: When do you need a hearing aid

If you don’t belong to Costco, join. The $50 cost of a membership will return 20 times + it’s cost, in savings. Note: you do not need to be a member to get the hearing test. You only have to join if you want to buy the hearing aids. You also should be able to get the executive (?) membership (pays ...
by mortfree
Tue Sep 25, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: When do you need a hearing aid
Replies: 47
Views: 2777

Re: When do you need a hearing aid

Go to Costco. Hopefully there is one nearby. Get the free hearing exam. I will bet you will be more impressed with their exam than your ENT office. See what they have to say. Try out the recommended model in store. Think about it and discuss your concerns with them. They have a terrific trial period...
by mortfree
Tue Sep 25, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Invisalign and Dentist pricing
Replies: 19
Views: 2440

Re: Invisalign and Dentist pricing

could it be as simple as the difference between "invisalign" and "invisalign express"?
by mortfree
Mon Sep 24, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing for My First Recession?
Replies: 63
Views: 7249

Re: Preparing for My First Recession?

YoungSisyphus wrote:
Mon Sep 24, 2018 9:31 am

3A. Working in the next 6 months to aggressively build this back (~$20k yearly bonus, ~$4k tax return and a few other things should help with this)....
Why are you getting a 4K tax return?

If that is what you anticipate under the 2018 tax laws as well, adjust your W4.
by mortfree
Mon Sep 24, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Does health insurance cover hearing aids
Replies: 21
Views: 1487

Re: Does health insurance cover hearing aids

As I vaguely remember, If you have a vision plan that might cover the hearing aids.but probably not from Costco

Something else to look into.

I own Costco hearing aids. Insurance didn’t cover (BCBS)
by mortfree
Mon Sep 24, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage application: Disclosing All Assets?
Replies: 16
Views: 1739

Re: Mortgage application: Disclosing All Assets?

Novice here. I usually only reported my “cash” accounts. I left off the taxable investing accounts. Why? Because they always want the bank statement and I didn’t feel like getting them for each and every account. My cash holdings were sufficient as far as I was concerned. The lender never asked for ...
by mortfree
Mon Sep 24, 2018 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Best way to get $100k cash
Replies: 86
Views: 7620

Re: Best way to get $100k cash

Might as well write yourself a check for 100k and deposit in the bank.

Get it?
by mortfree
Sun Sep 23, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6351

Re: Emotional Investor - I'm a mess and need help!

Too smart for your own good leads to over confidence in all aspects of life. Too much money at your disposal and trying to find the next big thing. Not good either. With your savings rate (300k per year) imagine what the average boglehead could do if they stuck to their investment plan. 3 million in...
by mortfree
Sun Sep 23, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Should we pay off $90K mortgage with idle cash or not?
Replies: 46
Views: 5790

Re: Should we pay off $90K mortgage with idle cash or not?

Yes, I am earning interest at 1.8%, being taxed on it, losing some of it to inflation, paying mortgage interest at 3.25%, and no longer getting a tax deduction for the mortgage interest. I would like to pay it off but W is balking. We had two major life events in the last year. I went on disability...
by mortfree
Sun Sep 23, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Should we pay off $90K mortgage with idle cash or not?
Replies: 46
Views: 5790

Re: Should we pay off $90K mortgage with idle cash or not?

You’re worried about 13k in mortgage interest? You have 400k+ in taxable investments. Another 1 million in retirement accounts. 100k+ in cash. I’d be laughing at that 13k interest (over 9 years) right now. Plus how much interest have you paid so far in the mortgage? I Imagine you’ve paid the majorit...