Search found 742 matches

by mortfree
Sat Feb 17, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Using Emergency Fund to pay off loan
Replies: 7
Views: 451

Re: Using Emergency Fund to pay off loan

I would put 45k towards it and let the reality sink in. You will reduce the monthly interest amount enough that carrying the balance won’t be as “expensive “. 45k could be any number of your choosing but you get the idea. You could even do 3 payments of 30k or so. March, June, September or whatever ...
by mortfree
Sat Feb 17, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Investing vs paying off debt
Replies: 28
Views: 1581

Re: Investing vs paying off debt

Your mistake on the Pilot was the length of the loan. 4-5 years should be the max unless there is 0% financing - not in your case. Keep it. But you should try to accelerate those payments. I would pay $600 per month and maybe throw in a $1000 lump sum. Do you really need Hulu and Netflix at $360 pe...
by mortfree
Sat Feb 17, 2018 4:30 am
Forum: Investing - Help with Personal Investments
Topic: Investing vs paying off debt
Replies: 28
Views: 1581

Re: Investing vs paying off debt

Your mistake on the Pilot was the length of the loan. 4-5 years should be the max unless there is 0% financing - not in your case. Keep it. But you should try to accelerate those payments. I would pay $600 per month and maybe throw in a $1000 lump sum. Do you really need Hulu and Netflix at $360 per...
by mortfree
Fri Feb 16, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: How to Invest $1000 in a Vanguard Roth IRA
Replies: 9
Views: 690

Re: How to Invest $1000 in a Vanguard Roth IRA

VT or VTI...

I am doing the same instead of a 529. Roth gives me flexibility and the 529 has too many rules for my simplistic approach.
by mortfree
Thu Feb 15, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 9912

Re: My Over $300K Vanguard Balance Disappeared?

maybe Vanguard doesn't expect their followers to be checking their accounts; especially Bogleheads.
by mortfree
Thu Feb 15, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with Schedule D
Replies: 14
Views: 672

Re: Need help with Schedule D

I use turbotax for free, compare to my personal calculations, then fill the forms out myself....

I assume your son has earned income and/or his stock proceeds exceeded the limit for the kiddie tax and that is why you are filing for him.
by mortfree
Thu Feb 15, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth - How am I doing?
Replies: 14
Views: 2172

Re: Net Worth - How am I doing?

when did you start contributing to your Roth? do you prioritize Roth contributions over taxable investments? Or did you hit it big with an investment(s) in taxable? The numbers would indicate a priority to taxable, but we don't know how long you have been contributing to the Roth. by age 40, one ben...
by mortfree
Thu Feb 15, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Dental chews for dogs....useful?
Replies: 36
Views: 1862

Re: Dental chews for dogs....useful?

I buy dentastik for my great dane. Instead of giving it directly to him, I hold it in my hand and let him chew on it. Otherwise he would treat it like a hockey puck and bat it around and run through the house with it. After he's done playing (and destroying the house), he would then devour it with n...
by mortfree
Wed Feb 14, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Is This Action by Megacorp Legal?
Replies: 64
Views: 3581

Re: Is This Action by Megacorp Legal?

things like the above is why I am taking advantage of the Brokerage Account that is available in my Fidelity 401k. I assume that when the company decides to switch out funds I will have zero concerns b/c I do not contribute anything to the funds in their list.

anyone else do/believe the same?
by mortfree
Wed Feb 14, 2018 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: When to pay off debt instead of invest?
Replies: 27
Views: 1204

Re: When to pay off debt instead of invest?

not enough info on current assets, etc. the argument about borrowing 80k at 4% is flawed (IMO) since it is a mortgage. you can get a 12 month CD at 2% right now, I think Why is this flawed? FWIW, we will not get a tax benefit from that mortgage (because we already exceed the limit on our primary ho...
by mortfree
Wed Feb 14, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: When to pay off debt instead of invest?
Replies: 27
Views: 1204

Re: When to pay off debt instead of invest?

not enough info on current assets, etc.

the argument about borrowing 80k at 4% is flawed (IMO) since it is a mortgage.

you can get a 12 month CD at 2% right now, I think
by mortfree
Tue Feb 13, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: TV assisted listening
Replies: 4
Views: 416

Re: TV assisted listening

I went to Best Buy and bought a set of wireless headphones. Sony Model MDR-RF985RK. Cost less than $100. thank you for this info. I went on Amazon and the site says there is now a newer model Sony Wireless RF Headphones (MDR-RF912RK), in case anyone else is interested. I didn't research the differe...
by mortfree
Tue Feb 13, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: I'm Lost Please Help Me :(
Replies: 20
Views: 2165

Re: I'm Lost Please Help Me :(

Some info about me: 2. 130K savings in cash 3. 140K student loan with 2.95% interest for a 15 year term 5. Currently just contributing to 401K to take advantage of employer match @5% I save around 12-13K at the end of every month after expenses/bills are paid, and have no idea what to do with the r...
by mortfree
Sun Feb 11, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: Borrow vs Pay Cash
Replies: 24
Views: 1839

Re: Borrow vs Pay Cash

There are also two extra costs. And having a car loan requires you to carry lower deductibles on collision and comprehensive than you might want. What do you consider a lower deductible- does $1000 fall in that category? I’ve seen this mentioned twice recently but I have never been forced to go wit...
by mortfree
Sun Feb 11, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Has Seeking Alpha Become Worthless?
Replies: 20
Views: 3344

Re: Has Seeking Alpha Become Worthless?

I like their app for pre- and post-market stock/ETF prices.

Some of the articles are entertaining but I really just like to read the comments.
by mortfree
Sat Feb 10, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Borrow vs Pay Cash
Replies: 24
Views: 1839

Re: Borrow vs Pay Cash

I take the loan.

I like to have cash on hand for other opportunities rather than sinking it into a car.

The few dollars in interest on a car loan are trivial
by mortfree
Sat Feb 10, 2018 7:27 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 278
Views: 39321

Re: Selling all equities, discuss why I'm wrong. :)

Here I thought OP was going to say he bought back in just before the turbulence started. He would have “lost” so much money. Oh wait....

I dare you to buy just 10 shares of VTI this week.
by mortfree
Fri Feb 09, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: 2 Years of Roth IRA at Once / Admiral Shares?
Replies: 6
Views: 472

Re: 2 Years of Roth IRA at Once / Admiral Shares?

why wouldn't you max out 2017 at 5500 and then put 4500 towards 2018... it's not really a question though. don't sell yourself short on 2017 just to make it an even 5k.
by mortfree
Fri Feb 09, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4790

Re: I didn't tax-loss harvest this month, did you?

nope, I only have around $200 in short term losses. or now it's 100 in losses... oops, now I'm up $100.

crazy market
by mortfree
Fri Feb 09, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy
Replies: 15
Views: 990

Re: Investment Strategy

so you're saying I shouldn't buy 10 more shares of VTI today?
by mortfree
Fri Feb 09, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: Should you sell your investments when they start dropping? When should you invest during this market correction?
Replies: 52
Views: 4101

Re: Should you sell your investments when they start dropping? When should you invest during this market correction?

samsoes wrote:
Fri Feb 09, 2018 11:31 am

You won't find support for market timing on this forum, I assure you.
Hold my beer....

OP if you are smart enough to know when to buy at the low, by all means wait.

Maybe you'll get lucky and time it just right.

:wink:

This response is not boglehead approved
by mortfree
Thu Feb 08, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $20K in portfolio under current market situation
Replies: 23
Views: 1647

Re: Investing $20K in portfolio under current market situation

Putting the money in the market right now would be like placing a bet today on the Patriots winning Super Bowl LII. Why is it that equities are the only products that, when they go on sale, are shunned by buyers. It is the short sighted, "right now" focus that the OP is demonstrating by asking the ...
by mortfree
Thu Feb 08, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $20K in portfolio under current market situation
Replies: 23
Views: 1647

Re: Investing $20K in portfolio under current market situation

Putting the money in the market right now would be like placing a bet today on the Patriots winning Super Bowl LII. [/sarcasm]

E-A-G-L-E-S!!!
by mortfree
Wed Feb 07, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: Getting Rid of Ants in the House?
Replies: 46
Views: 2496

Re: Getting Rid of Ants in the House?

MangoMama wrote:
Wed Feb 07, 2018 7:52 pm
I had very good luck with Diatomaceous Earth (Food Grade) from Amazon [a.k.a. DE]. I started with generic DE from Lowe's and saw much better results than Terro or Borax.
This is a great product so give it a try!
by mortfree
Tue Feb 06, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Analysis Paralysis on Replacing Smoke Detectors and Thermostats
Replies: 4
Views: 346

Re: Analysis Paralysis on Replacing Smoke Detectors and Thermostats

I bought 7 smoke detectors from Amazon. $260 plus tax. You buy 3 that are the Carbon Monoxide/Smoke Alarm combination (basement, first floor and 2nd floor hallway). First Alert SC7010BV You buy 1 Smoke Alarm for each bedroom. First Alert 3120B I have a Nest thermostat downstairs and a plain old one ...
by mortfree
Tue Feb 06, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: 100K to invest - Need help/opinions.
Replies: 6
Views: 723

Re: 100K to invest - Need help/opinions.

FSTMX ----> FSTVX if you invest over 10k (Total Stock)

FTIGX ----> FTIPX if you invest over 10k (international)

Same investment, just different share "class" and the one on the right should have a lower ER. Check on that.

I prefer ETFs.
by mortfree
Tue Feb 06, 2018 2:12 pm
Forum: Forum Issues and Administration
Topic: we need an individual stock sub forum
Replies: 31
Views: 1255

Re: we need an individual stock sub forum

are you trying to prevent the full on BHers from commenting on individual stock threads?

I don't think a subforum will stop them...
by mortfree
Sat Feb 03, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: What Would You Do With $100,000 Right Now
Replies: 28
Views: 2803

Re: What Would You Do With $100,000 Right Now

Since you are DINKs I’ll assume $0 debt.

I’d do home improvements, upgrade to a new(er) vehicle, help nieces or nephews financially, charitable donations.

If you want to “make” money I’d invest anywhere from 40:60 to 60:40 for AA
by mortfree
Sat Feb 03, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3349

Re: Do you live on a budget?

I keep track of income and expenses in excel. It helps to know how my expenses (utilities, etc) vary throughout the year and to know my fixed payments (mortgage, car payments, daycare, savings for escrow, etc). I’m more into tracking my finances and it helps that I only use what is left after 401k c...
by mortfree
Sat Feb 03, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15894

Re: Blood in the water- buying?

I bought 10 shares of VTI (Total US Stock) on Friday.

Nothing to brag about given that the price was still higher than early January and the 52-week range is 117-146ish.

Blood in the streets

Sorry to rain on your attempted market timing
by mortfree
Thu Feb 01, 2018 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off future DIL's school loans?
Replies: 28
Views: 1494

Re: Pay off future DIL's school loans?

house downpayment instead? if that is a goal of theirs to be homeowners...




.
by mortfree
Thu Feb 01, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 8187

Re: Anyone else cashing out on *some* of the crazy earnings?

I used to think the purpose of investing was to make money. Now that I've been on here, I see that people end up donating their shares once they've made money b/c of taxes. You may get approval for selling since you have a purpose for the money (Debt paydown) versus going to cash b/c you are scared ...
by mortfree
Thu Feb 01, 2018 5:41 am
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7867

Re: I have an overwhelming gift I'm in need of help of please.

To all those blindly suggesting to pay off the mortgage. What if the house needs improvements (now or later)? Where will OP get the money to do them if all of his windfall is tied up in the house? Even if he saves the mortgage payment, he would probably have to take out another loan at a higher rate...
by mortfree
Wed Jan 31, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7867

Re: I have an overwhelming gift I'm in need of help of please.

Saving$ wrote:
Wed Jan 31, 2018 9:52 pm
$270k is over the FDIC insurance limit. Based on what you have written, I would
Check that. Joint account is 250k per depositor so 500k FDIC?

I’d wait 6 months or more before deciding what to do.
by mortfree
Wed Jan 31, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Fund 2017 Roth IRA or pay off truck?
Replies: 30
Views: 1664

Re: Fund 2017 Roth IRA or pay off truck?

I would fund the Roth accounts for 2017 and let the truck loan get paid off with normal payments.
by mortfree
Wed Jan 31, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Here is how things stand, any comments welcome
Replies: 9
Views: 1036

Re: Here is how things stand, any comments welcome

You could liquidate the taxable investments and contribute towards your Roth.

Did you max 2017 Roth? You have until April 15.

Otherwise not much else to comment on.
by mortfree
Wed Jan 31, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5544

Re: New car - how much can we afford?

do you both earn the same amount or does one person make a lot more than the other? How long will your girlfriend stay home with the newborn? While you may plan everything out on paper with the birth, etc there are still a lot of unknowns and surprises that happen. Unless you are driving a two seate...
by mortfree
Wed Jan 31, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should I stop contributing to 401(k) to pay off debt
Replies: 44
Views: 2427

Re: Should I stop contributing to 401(k) to pay off debt

TNL wrote:
Wed Jan 31, 2018 3:34 pm

I am focusing on paying off parents and furniture first. I do not have an employer match. I have to pay the 401(k) off as a lump sum; they cannot take payments.
ok, I saw the $261/month and assumed it was a payment towards the 401k. Guessing you are stashing that aside then.
by mortfree
Wed Jan 31, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I stop contributing to 401(k) to pay off debt
Replies: 44
Views: 2427

Re: Should I stop contributing to 401(k) to pay off debt

I'd pay off the $1200 furniture from the 8k savings today. I'll guess you are putting in 6% to the 401k. without an employer match not much incentive, but you're not drowning in debt that you must drop this to 0% (IMO) Are you focusing your extra payments on one debt or spreading across several of t...
by mortfree
Wed Jan 31, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on this beginner strategy?
Replies: 16
Views: 1109

Re: Thoughts on this beginner strategy?

If you met the requirements in 2017, make this Roth IRA contribution count towards 2017. you have until April 15 (or tax day) to do so. Invest in VTI ITOT (Total US Stock) no minimum... target date fund or life strategy funds is good too ( assuming account is with Vanguard ). Edit knowing OP is choo...
by mortfree
Tue Jan 30, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting money to new born
Replies: 27
Views: 1462

Re: Gifting money to new born

ummmm....

write a check(s) in the baby's name and let the parents decide what kind of account(s) they want for him.
by mortfree
Tue Jan 30, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261292

Re: U.S. stocks in freefall

The comical thing about all of this is if Trump sounds confident tonight equities will be right back up tommorow. master manipulation by wall street. great observation! And this, to a degree (not going the political direction), makes sense. Consumer confidence matters. Investor confidence matters. ...
by mortfree
Tue Jan 30, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Analysis Paralysis -- 403b or Kill the Mortgage?
Replies: 27
Views: 1448

Re: Analysis Paralysis -- 403b or Kill the Mortgage?

round up your mortgage payment to $1000/month. save/invest the rest across the various accounts available to you. then you're doing some acceleration on the mortgage and also adding to the retirement accounts to not lose the contribution space for a given tax year. Edit to add: Use some of your 12 m...
by mortfree
Tue Jan 30, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261292

Re: U.S. stocks in freefall

Keepcalm wrote:
Tue Jan 30, 2018 1:33 pm
The comical thing about all of this is if Trump sounds confident tonight equities will be right back up tommorow.
master manipulation by wall street. great observation!
by mortfree
Tue Jan 30, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: $30k sitting in savings, want to invest
Replies: 8
Views: 863

Re: $30k sitting in savings, want to invest

roth IRA's.. be sure you open and fund for 2017 (if eligible). don't lose the 2017 contribution. I can still contribute for 2017? Until when? Is there a link that I can reference for how to do that? Thanks! Did you get married in 2017 or 2018? Be sure to check the income limits for contributing to ...
by mortfree
Tue Jan 30, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: $30k sitting in savings, want to invest
Replies: 8
Views: 863

Re: $30k sitting in savings, want to invest

Hello! I am new to investing, and recently read Bogle's book of common sense investing, as well as much of the boglehead wikipedia. I am seeking some advice: My wife and I (recently married) received around $30k for our wedding. Right now it is sitting in a savings account, but with low interest ra...
by mortfree
Tue Jan 30, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Accelerating Mortgage Payments? Result of new tax law
Replies: 11
Views: 1002

Re: Accelerating Mortgage Payments? Result of new tax law

How old are you now? What were the loan terms when you refinanced - Loan amount, interest rate, start date of loan? Answers: 51.75, 157K (current balance 150K), 4%, 7/2015. If you start paying $650 extra every month, the mortgage would be paid off by March 2029 (11 years) At that payoff rate, April...
by mortfree
Tue Jan 30, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Accelerating Mortgage Payments? Result of new tax law
Replies: 11
Views: 1002

Re: Accelerating Mortgage Payments? Result of new tax law

Watty....Yeah, we did a refi in 2015, so 27 years to go. The balance is ~150K, pmt of ~750/month. Mortgage int of ~6.5K and property taxes of ~5.5K. So I sort of lose out, in theory (since deductability is limited to 10K). THis is where I am scratching my head and really trying to figure out what m...
by mortfree
Mon Jan 29, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: CapitalOne Investing switching to E Trade
Replies: 10
Views: 796

Re: CapitalOne Investing switching to E Trade

Now it’ll be E Trade and I don’t think that the basics I’m used to will carry over. I wouldn't be so sure. I still have my Options House trading platform, and pay $2.95 per trade. The only time I "realize" I'm on ETrade is when I transfer money to my bank account. That is very helpful! I just assum...