Search found 6 matches

by DriveMyPrius
Wed Jan 24, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 17661

Re: Dear wife quits job and now we are down to 1 income

OP's wife is 33 years old. It's not as if the retirement ship has sailed and they can now only look forward to a future of cat food dinners. OP, when I was the young mother of a five month old, I was exhausted and tapped out. I wasn't thinking clearly because of hormones and sleep deprivation. Why n...
by DriveMyPrius
Tue Jan 16, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Anyone pondering moving to a cheaper place and downsizing?
Replies: 63
Views: 5088

Re: Anyone pondering moving to a cheaper place and downsizing?

Yes, it is part of our plan. We have already taken the 500K exclusion twice, progressively downsizing, the appreciation is ridiculous. (We are in coastal California). We have family in other states and countries, and it is tempting to move to a cheap area NOW. We are very late to Boglehead style inv...
by DriveMyPrius
Thu Oct 05, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance investing. Pay down mortgage on rental property?
Replies: 8
Views: 622

Re: Help with inheritance investing. Pay down mortgage on rental property?

Answering a few questions: Yes, the 4.75% risk free return is what I find compelling. Selling this rental will result in approximately 23.8% capital gain which I would definitely like to avoid. Add commissions, and I can't find good reason to sell the rental. Refinancing is difficult without a W2 (...
by DriveMyPrius
Thu Oct 05, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 13110

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations! :happy
So sorry about the loss of your Mom. I miss mine terribly.
by DriveMyPrius
Thu Oct 05, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance investing. Pay down mortgage on rental property?
Replies: 8
Views: 622

Re: Help with inheritance investing. Pay down mortgage on rental property?

Answering a few questions: Yes, the 4.75% risk free return is what I find compelling. Selling this rental will result in approximately 23.8% capital gain which I would definitely like to avoid. Add commissions, and I can't find good reason to sell the rental. Refinancing is difficult without a W2 (h...
by DriveMyPrius
Thu Oct 05, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance investing. Pay down mortgage on rental property?
Replies: 8
Views: 622

Help with inheritance investing. Pay down mortgage on rental property?

Hi Bogleheads, I am inheriting 300K tax free. (Edited personal information here due to privacy concern) I have read the windfall wiki that has been suggested, and pages of these inheritance threads. Here’s where we stand. Current mortgages: 1. 600K, 4.175% primary residence - 1.2M in equity. 23 year...