Search found 1276 matches

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: 87
Views: 3304

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: 7800

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: 46
Views: 3735

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: 31
Views: 2529

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: 1022

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: 24
Views: 1524

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: 3391

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: 3774

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: 103
Views: 4726

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: 22768

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.
by mortfree
Wed Oct 17, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: Sister buying house FIL want to give money for downpayment
Replies: 10
Views: 1656

Re: Sister buying house FIL want to give money for downpayment

Can FIL just show up at settlement and write a check to the settlement company? Sister/BIL are going to need to prove that they have the money well in advance of settlement to get the mortgage approved. Yeah. I was just curious if there is a way to document the funds that the FIL will contribute. A...
by mortfree
Wed Oct 17, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 52
Views: 5036

Re: Too Much APPL Stock

No such thing as too much AAPL When people say things like this it is hard to imagine how the stock could ever look better. As a contrary indicator that could favor selling the stock. Standard answer on here for when anyone says they own a single stock - the BH chorus says “sell it!” Don’t think I ...
by mortfree
Wed Oct 17, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: Sister buying house FIL want to give money for downpayment
Replies: 10
Views: 1656

Re: Sister buying house FIL want to give money for downpayment

Can FIL just show up at settlement and write a check to the settlement company?
by mortfree
Wed Oct 17, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 52
Views: 5036

Re: Too Much APPL Stock

No such thing as too much AAPL
by mortfree
Wed Oct 17, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 82
Views: 6586

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

Think about it: Have you ever met anyone who regretted paying off their mortgage? This seems pretty important to me. Does anyone here regret paying off their mortgage early? I paid mine off in two lump sums in 2012/2013 and even knowing now the math would've favored investing instead, I still don't...
by mortfree
Tue Oct 16, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: advice on first home
Replies: 28
Views: 1648

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: 1057

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: 33
Views: 1886

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: 1057

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: 424

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: 5956

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: 5393

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: 787

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: 3072

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: 7442
Views: 1557611

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: 2189

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: 2189

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: 3043

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: 5180

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: 2584

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: 95
Views: 8308

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: 733

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: 733

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: 549

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: 6489

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: 1907

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: 3586

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: 1547

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: 2514

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: 4231

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: 2763

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: 453

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: 3279

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: 4255

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: 1282

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: 2300

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: 1268

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: 1038

Re: auto insurance - ??

who did you use for homeowner's after the other company dropped you?