Search found 969 matches

by mortfree
Fri Jun 22, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4162

Re: Struggling - Seeking Advice to Get On Track

You know Dave says save 15% ---- You know the contribution limits are: 401k: 18,500 per person roth/Trad IRA: 5,500 per person why wouldn't you try to max for each of you, or one of you? rough calcs using AGI provided... 0.15 * 140k = 21,000. what is your actual contribution dollars towards retirem...
by mortfree
Fri Jun 22, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: ETFs
Replies: 9
Views: 573

Re: ETFs

SCHB might cover all of your US stock holdings...
by mortfree
Thu Jun 21, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: I think I am going to put down 35-40% on a house
Replies: 12
Views: 1307

Re: I think I am going to put down 35-40% on a house

Very similar numbers and approach as you. Bought same price house late 2017. 30-year loan at 3.875%. Previous house was paid off at age 39. Just turned 41 I put 50% down and am paying $260 extra (usually a little more since it is early on) to get on a 20-year pace. I wouldn’t hesitate to use the 150...
by mortfree
Thu Jun 21, 2018 9:00 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 45
Views: 1915

Re: "Never time the market" vs. lump sum investment

My hypothesis is that people who can't decide between investing now and waiting are really people who have not resolved what their asset allocation should be. It the prospect is too scary it is probably because your anticipated asset allocation is too risky. At least that is something to think abou...
by mortfree
Thu Jun 21, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 45
Views: 1915

Re: "Never time the market" vs. lump sum investment

My hypothesis is that people who can't decide between investing now and waiting are really people who have not resolved what their asset allocation should be. It the prospect is too scary it is probably because your anticipated asset allocation is too risky. At least that is something to think abou...
by mortfree
Thu Jun 21, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: what to do with my heavy cash position
Replies: 8
Views: 574

Re: what to do with my heavy cash position

I just don't like the idea of investing over 50% of my new total net worth into VTSAX/VTI over the last 9 months especially given the recent performance. I have invested $10k a few times on really bad days over the last 6 months (feb & mar) but I guess that would be considered attempting to time th...
by mortfree
Wed Jun 20, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: thermostat a/c setting
Replies: 17
Views: 937

Re: thermostat a/c setting

I would set to 82 for cooling IF you want to save a few bucks.

thanks for the reminder, I just checked the temps on the Nest thermostats at the house and adjusted downstairs to 78 and upstairs to 80 so it will run at some point this afternoon.
by mortfree
Wed Jun 20, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4162

Re: Struggling - Seeking Advice to Get On Track

How much is your emergency fund? Since you are a Ramsey follower, I wonder what step you're at with the above. don't get discouraged with the feedback thus far; and hang in there with this thread... I am at about 35k - working on BS4 & BS6 - My kids are grown so no BS5 for us. excellent.. how many ...
by mortfree
Wed Jun 20, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: The Current Market
Replies: 22
Views: 1680

Re: The Current Market

ImaDeval wrote:
Wed Jun 20, 2018 10:11 am
The market peaked in late January of this year only to get hammered in early February.
hammered? really?

you've ain't seen nothing yet.

:oops:
by mortfree
Wed Jun 20, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4162

Re: Struggling - Seeking Advice to Get On Track

How much is your emergency fund?

Since you are a Ramsey follower, I wonder what step you're at with the above.

don't get discouraged with the feedback thus far; and hang in there with this thread...
by mortfree
Wed Jun 20, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100624

Re: Anyone regret paying off mortgage early?

The goal is to have it done by the time I hit 40 and then we'll start stowing away cash to buy my wife's "dream home" whenever the next real estate crash comes. It may not ultimately be the most efficient way for us to build wealth, but I really really dislike debt, and either way I think we'll be ...
by mortfree
Wed Jun 20, 2018 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4162

Re: Struggling - Seeking Advice to Get On Track

stop contributing to Edward jones accounts immediately. consider not paying off your mortgage so aggressively. you said you feel behind on retirement so do you really have 3 years to lose for retirement contributions? increase/max your 401k's (max is 18,500 per year per person and is just your contr...
by mortfree
Tue Jun 19, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: 0% credit card interest for lawnmower
Replies: 15
Views: 756

Re: 0% credit card interest for lawnmower

why not a rewards credit card instead?

what mower brand are you getting?
by mortfree
Tue Jun 19, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9732

Re: Messy Divorce -- Forensic Accounting Help....

probably a bunch of 5k watches...

:oops:
by mortfree
Mon Jun 18, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off mortgage in my situation?
Replies: 31
Views: 2454

Re: Would you pay off mortgage in my situation?

Thank you everyone. All these suggestions are very helpful as they are forcing me to think outside my comfort zone. From overall responses, I am realizing that despite still being far away from retirement and with a very stable job, I am extremely risk aversive. It will be good to change my thinkin...
by mortfree
Mon Jun 18, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off mortgage in my situation?
Replies: 31
Views: 2454

Re: Would you pay off mortgage in my situation?

Will you move in the near future? Will you need to borrow money for any other expenses - Home improvements, new cars, college (if you have kids), etc? You may never see loan terms as cheap as your mortgage What is your current mortgage payment and how long until you recoup that dollar amount? If you...
by mortfree
Sun Jun 17, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7450

Re: Which Supermarket are you?

Giant



.
by mortfree
Fri Jun 15, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Am I "market timing"?
Replies: 37
Views: 1866

Re: Am I "market timing"?

MotoTrojan wrote:
Fri Jun 15, 2018 7:08 pm
mortfree wrote:
Fri Jun 15, 2018 7:06 pm
I buy VTI when it goes below $140.

It is market timing and I like it.
Why?
Behavioral. And seems to be range bound - appx 135-145ish.

I only buy 5 or 10 shares at a time and it is a taxable account. No rush. Seems to work out to every other month for a buy.

Illogical
by mortfree
Fri Jun 15, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Am I "market timing"?
Replies: 37
Views: 1866

Re: Am I "market timing"?

I buy VTI when it goes below $140.

It is market timing and I like it.
by mortfree
Fri Jun 15, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3360

Re: Too much house vs. just enough

In OP's case (and maybe for others)... if finances are all good:

location first...

then price and # of bedrooms...
by mortfree
Fri Jun 15, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: $75,000 bonus - help me with my plan
Replies: 20
Views: 2309

Re: $75,000 bonus - help me with my plan

if you are moving in 2-3 years, I would not lock up my money by paying off/down the mortgage. I had paid off my mortgage, thinking we would never move. ~18 months later we did and all of my downpayment money was locked up in the house. It all worked out, but I would have done it differently in hinds...
by mortfree
Fri Jun 15, 2018 5:22 am
Forum: Investing - Help with Personal Investments
Topic: 28 with a wife and new baby
Replies: 31
Views: 2067

Re: 28 with a wife and new baby

Didn’t see it mentioned here.

Do you have term life insurance for each of you?
by mortfree
Thu Jun 14, 2018 1:01 am
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 10
Views: 1156

Re: Hearing aids

by mortfree
Wed Jun 13, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: Why market drop when Fed announced rate increase?
Replies: 19
Views: 2498

Re: Why market drop when Fed announced rate increase?

Higher rates... maybe there is hope for more people to be able to deduct interest when they take out a mortgage in the future.

Like a 250k, 30-year at 6%...
by mortfree
Tue Jun 12, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: What are Fido or VG equivalent funds for these?
Replies: 4
Views: 270

Re: What are Fido or VG equivalent funds for these?

Cue the typical response. If you were really helping your friend you would tell them they don’t need an advisor. I am trying to educate myself on what funds i can suggest for him to look at that are equivalents. Kind of my point. The advisor picks funds that won’t have an equivalent for comparison....
by mortfree
Tue Jun 12, 2018 7:37 am
Forum: Investing - Help with Personal Investments
Topic: What are Fido or VG equivalent funds for these?
Replies: 4
Views: 270

Re: What are Fido or VG equivalent funds for these?

Cue the typical response.

If you were really helping your friend you would tell them they don’t need an advisor.
by mortfree
Sat Jun 09, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: Can someone look at this for me... Did I really lose all this money?
Replies: 16
Views: 3409

Re: Can someone look at this for me... Did I really lose all this money?

https://i.imgur.com/z8wdAJT.png https://i.imgur.com/ezqDDEw.png Am I'm back to square one with all of this. I also just recently bought more shares yesterday for my roth ira contribution this year. Now I'm thinking that this was a terrible decision if the market's in a downturn. Perhaps the negativ...
by mortfree
Fri Jun 08, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Question for Young-ish Investor.
Replies: 8
Views: 700

Re: Roth IRA Question for Young-ish Investor.

My specific question was with regards to the $4K of cash I have in my ROTH IRA from a rollover. I would like to purchase more VOO with that cash and have buying small tranches. Should I continue doing so, buying when it dips or just allocate the full $4K to my position in VOO in a lump transaction....
by mortfree
Thu Jun 07, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Investing or Paying Off The House
Replies: 14
Views: 1196

Re: Investing or Paying Off The House

Invest now or invest later (DCA) could be another question to ask. You could also do some of both with the appx 200k bonus- 100k to mortgage and 100k to invest. You will still have to make the remaining mortgage payments but you have hedged going all in on either side (payoff or invest). Read the wi...
by mortfree
Thu Jun 07, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Will the real MSCI EAFE index please stand up?
Replies: 13
Views: 631

Re: Will the real MSCI EAFE index please stand up?

triceratops beat me to it...


Gross returns vs Net Returns...
by mortfree
Wed Jun 06, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Submitting an offer on a home
Replies: 24
Views: 2590

Re: Submitting an offer on a home

When I bought in 2006 I asked a realtor for inspector recommendations. They gave me a list. I didn’t contact anyone on their list.

For the recent purchase I used my inspector from the first house. Knew what I was getting.
by mortfree
Wed Jun 06, 2018 4:18 am
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 35
Views: 3519

Re: How to know if power is cut to smoke detector

I’ve replaced 21 smoke detectors at three homes in the past 3 years. There is a green light on each detector. When I found the right circuit breaker the green light was no longer lit. Disconnect the old wiring harness. Connect the new harness. Simple task. Check your requirements as you may need a C...
by mortfree
Mon Jun 04, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3118

Re: Is it fine to have 100% of portfolio in VTSAX

If you want a single fund, you can just do a Vanguard balanced index admiral fund VBIAX (30/30/40 US/Int'l/Bond) or ETF. It will give you much smoother sail than VTSAX and will do automatic balanced for you. 10 year performance is 7.3% ER 0.07%. Compare VTSAX 9.3% ER 0.04%. The 100% stock is 2% ahe...
by mortfree
Sun Jun 03, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Need some direction: 5K payout in July....towards loans or Roth?
Replies: 18
Views: 944

Re: Need some direction: 5K payout in July....towards loans or Roth?

i would payoff the 4716 first.

Rest to EF

Maybe then Redirect that $246 payment to the next lowest balance.

And soon enough you will also have that $250/month to use.
by mortfree
Sat Jun 02, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Invest home sale proceeds
Replies: 3
Views: 342

Re: Invest home sale proceeds

Do you put 18.5k into your 401k? Plus catchup if over 50?

Not sure what dollar amount 18% represents.
by mortfree
Sat Jun 02, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 3961

Re: Friends with an EJ Advisor

I would text him a link to thread on here where the EJ advisor locked a client out of their own account when EJ realized they were going to do business elsewhere.
by mortfree
Sat Jun 02, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Is our monthly Personal money out of line?
Replies: 74
Views: 7453

Re: Is our monthly Personal money out of line?

Transfer all allowance monies to an account (savings, money market, etc). Charge everything to the credit card and then payoff the credit card. Chances are she might spend $1200 or more or less. Seems responsible to not over do it and you could be saving some of that money. If my wife has $100 in he...
by mortfree
Sat Jun 02, 2018 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10543

Re: Why have a savings account at all?

The logic here is faulty. You are asking a meaningless question. The point of an emergency fund is to use in emergencies. Stating you would make 100k or even 50k off of your email fund shows that you don't really understand it's point. Throwing average typical yields as a reason is like saying why ...
by mortfree
Fri Jun 01, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Replaced beater car, oh how ever to regain feelings of financial superiority?
Replies: 29
Views: 3374

Re: Replaced beater car, oh how ever to regain feelings of financial superiority?

buy a third vehicle that fits your definition of a beater, duh... :oops:
by mortfree
Fri Jun 01, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Interior painting - Sherwin Williams color recommendations
Replies: 28
Views: 2275

Re: Interior painting - Sherwin Williams color recommendations

Blonde, Mannered Gold, Sands of Time, Perfect Greige (spelling?).

alabaster white for woodwork trim.
by mortfree
Fri Jun 01, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Another Car Keep/Buy Question
Replies: 22
Views: 1934

Re: Another Car Keep/Buy Question

I think OP is just bored and needs to do these kinds of transactions to fulfill an itch.

see the myriad threads on here...

:mrgreen:
by mortfree
Thu May 31, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Help?
Replies: 16
Views: 1173

Re: Help?

Regarding #3 under contributions: if your wife is 50 (now or at end of 2018) she should be eligible for the $1000 catch up for the IRA. As far as investment choices for the IRA, you may like the Target Date funds. You need to determine your asset allocation (60:40 or 50:50 or 40:60 maybe??) stocks:b...
by mortfree
Thu May 31, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Roommate in a house?
Replies: 32
Views: 2931

Re: Roommate in a house?

you pay the bills directly. then she doesn't have "rental" income to report...????? seems unnecessarily complicated Would love to hear your recommendations on how you would handle this both from the renter and tenant side :) Guess you'll need a rental agreement then... Otherwise, as explained here ...
by mortfree
Thu May 31, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Roommate in a house?
Replies: 32
Views: 2931

Re: Roommate in a house?

you pay the bills directly.

then she doesn't have "rental" income to report...?????

seems unnecessarily complicated
by mortfree
Wed May 30, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13915

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

It's kind of fun to NEVER have to worry about the pay off debt or invest question again. Although I guess there is always the question of "should I borrow to buy this or just pay cash for it." I often wonder why more folks don't suggest saving beforehand in order to pay cash for their home, rather ...
by mortfree
Tue May 29, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: ITOT versus VTSAX
Replies: 25
Views: 1865

Re: ITOT versus VTSAX

D E C O D E D !!! VTSAX - Vanguard Total Stock Market Index (mutual fund, admiral shares) VTI - Vanguard Total Stock Market ETF ITOT - iShares Core S&P Total US Stock Market ETF Thanks for reading ~cfs~ Also, VTSAX = VTI One is the mutual fund Admiral shares version (VTSAX), the other is the ETF ve...
by mortfree
Tue May 29, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: 13-year old Civic. Replace, or keep sinking money into it?
Replies: 51
Views: 3804

Re: 13-year old Civic. Replace, or keep sinking money into it?

I would get rid of it.

I replace my commuter car about every 6 years so I’m not one to hold onto a car
by mortfree
Mon May 28, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 248
Views: 29295

Re: Why pay cash for a car?

One thing people often forget about is insurance. When you finance the loan company demands a certain type of insurance. When you own the car, you get to choose what you want. For example we often choose a much higher deductible on our cars since self insuring the higher deductible makes a lot of s...