Search found 6 matches

by Wayercolor
Thu May 02, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off a 30 year mortgage in 15 years? The cost of flexibility
Replies: 100
Views: 15123

Re: Pay off a 30 year mortgage in 15 years? The cost of flexibility

We always went with a 30 year for flexibility because our income can be a bit erratic but never needed it, First house paid off in 12 years, Vacation home condo sold after 6 years before payoff, but went with 30 years simple because we had a kid starting college that year. Second vacation home paid ...
by Wayercolor
Fri Apr 26, 2019 2:35 pm
Forum: Personal Investments
Topic: The "joy" of owning individual stocks
Replies: 25
Views: 4201

Re: The "joy" of owning individual stocks

Ronno, I sympathize. A 10% loss in one day! I inherited a portfolio including a little Intel 5 months ago and haven’t gotten around to balancing out the portfolio. Fortunately it’s just 4.2% of total. But whoa, I am way too heavy in another stock although it’s up about 38% year to date. Even though ...
by Wayercolor
Tue Apr 23, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Selling individual stock.
Replies: 14
Views: 1539

Re: Selling individual stock.

Thanks, not4me. The primary farm is something that we have thought about extensively, but honestly, everything works against selling it. First right now it is owned by my brother and me 50/50 and he especially has an emotional (as well as recreational) attachment to the farm. Brother and I also have...
by Wayercolor
Sun Apr 21, 2019 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Selling individual stock.
Replies: 14
Views: 1539

Re: Selling individual stock.

Thanks for the help from all. Grt2bOutdoors, your comment really struck a chord. To clarify: stepped up basis as of date of death (Nov.) is approx 58 and current market around 72, so there will be some gain, but really each individual stock in the port has a gain right now and this particular one is...
by Wayercolor
Sun Apr 21, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Selling individual stock.
Replies: 14
Views: 1539

Selling individual stock.

New here and despite an ancient degree in finance, relatively uninformed into today’s market and investing strategies. Help me get the courage to liquidate some stock. DH and I are 64 and semiretired looking toward full retirement next year. We built our retirement dream house two years ago in a rel...
by Wayercolor
Sat Apr 13, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 36318

Re: [2018 tax return - How does it compare to previous years?]

Hello, I am new here, just lurking and learning. Semi-retired last year, fully next. MFJ. Our taxes have always fairly complex due to an assortment of reasons — no W-2 income, various family farming interests, rental income, his professional LLC and my professional partnership interest, and two stat...