Search found 969 matches

by mortfree
Sat Apr 07, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Paralyzed by Indecision--- please help with my portfolio!
Replies: 16
Views: 1744

Re: Paralyzed by Indecision--- please help with my portfolio!

https://www.bogleheads.org/wiki/Tax-eff ... _placement

I have BRKB in my taxable account and my Roth. I am not a pure boglehead though.

Good job all around
by mortfree
Thu Apr 05, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Looking at houses... Realistic price range?
Replies: 21
Views: 3306

Re: Looking at houses... Realistic price range?

Do you have term life insurance?


...
by mortfree
Wed Apr 04, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: VYM—SPY trade question [Vanguard High Dividend Yield - SPDR S&P 500]
Replies: 9
Views: 443

Re: VYM—SPY trade question

why would you purposely lose money in an IRA? do you need the money now? if you like SPY more than VYM, don't have the VYM dividends automatically re-invested and divert them towards SPY. side note: I've held SPY since 2004 in a taxable account and might sell soon since I am more focused on VTI at t...
by mortfree
Tue Apr 03, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: Expensive gift that I don't want
Replies: 7
Views: 1116

Re: Expensive gift that I don't want

When someone wants to buy me something I don’t want, I always tell them to save the receipt. Sometimes they get the hint.

Completely understand your thought process.
by mortfree
Mon Apr 02, 2018 3:25 am
Forum: Investing - Help with Personal Investments
Topic: Too much cash...where to invest?
Replies: 13
Views: 2548

Re: Too much cash...where to invest?

Given the limited info the simple answer is:
Target date fund
Lifestrategy fund (40:60 or more conservative)
Balanced index fund (50:50)
by mortfree
Fri Mar 30, 2018 4:12 am
Forum: Personal Finance (Not Investing)
Topic: Debt Hole Repayment
Replies: 35
Views: 2997

Re: Debt Hole Repayment

Last option, which ties in with 1st is to hunker down, maintain a strict budget and get everything paid off ASAP. For the current car, it is a 2015 Honda Fit and I have it financed for $300 a month. Funny that you would call the strict budget your last option. That should be the first thing you foc...
by mortfree
Fri Mar 30, 2018 3:59 am
Forum: Personal Consumer Issues
Topic: Auto insurance keeps rising
Replies: 20
Views: 1635

Re: Auto insurance keeps rising

Are you able to switch to a yearly renewal.

This way they can only increase it once a year instead of every 6 months.

Mine increased $30 for the year so I think that is ok.
by mortfree
Fri Mar 30, 2018 3:57 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 5716

Re: Pay Off Mortgage with Windfall?

I still kept the mortgage, as paying it off in full would have generated significant taxable capital gains, and CA taxes even long-term gains as regular income, which is 9.3% in my tax bracket. Can you explain this, I am unaware of how paying off a mortgage creates taxable gains. Funds to payoff th...
by mortfree
Thu Mar 29, 2018 12:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 8073

Re: Vanguard in the WSJ today

conspiracy to drag down vanguard and shift business away from them???

I didn’t read the article since the links didn’t seem to work for certain people.

Also poking fun at the Amazon comment from the other day.
by mortfree
Thu Mar 29, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA and Taxable at VG
Replies: 12
Views: 685

Re: Roth IRA and Taxable at VG

I think you will need separate accounts for each Roth; that is assuming the taxable account is a joint account.

Don't forget that you can still contribute for 2017 (assuming AGI met the requirements).
by mortfree
Thu Mar 29, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 5716

Re: Pay Off Mortgage with Windfall?

wow, that is taking care of business - congrats.

enjoy being mortgage free.

I take a balanced, conservative approach to a lot of things, but also do a lot of anti-boglehead things too (car loans, extra to mortgage, individual stocks, etc).
by mortfree
Thu Mar 29, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Mystery: Gas bill says therms increased 33% year over year but temperature stayed the same. Why?
Replies: 26
Views: 1853

Re: Mystery: Gas bill says therms increased 33% year over year but temperature stayed the same. Why?

how old is your thermostat?

And if you're interested in tracking usage, I would recommend a Nest thermostat or similar so you can see the hours per day (and when) the furnace was running.
by mortfree
Thu Mar 29, 2018 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Advice on selling company stock - no emergency fund
Replies: 6
Views: 415

Re: Advice on selling company stock - no emergency fund

Have all shares been made available to you to sell? My company did a 1/3, 1/3, 1/3 over 3 years before all were available. One idea: Sell a certain amount now that would give you a comfortable emergency fund. Simplicity, sell half of the shares. Set a sell price of $20 for the remaining shares (or w...
by mortfree
Wed Mar 28, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 5716

Re: Pay Off Mortgage with Windfall?

you will have 1.5 million in assets versus a 500k mortgage. Chad and George have great ideas if you don't want to sink all of it towards the mortgage payoff. one more: if you are unsure of what to do, put 100k towards the mortgage and see how that "feels". kudos on being here for 7 years and only 10...
by mortfree
Tue Mar 27, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 108
Views: 6138

Re: Max-funding an Index Universal Life policy to the IRS limit??

if risk averse:

payoff the townhome.

is your 700k in multiple accounts to ensure you are FDIC insured?

your advisor will love all the money they make off of you...
by mortfree
Sat Mar 24, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Recently Engaged, Considering Joint Account(s)
Replies: 26
Views: 1647

Re: Recently Engaged, Considering Joint Account(s)

My wife and I have separate accounts but she is a joint owner on my credit union account just for convenience. Her paycheck goes to her own account. If a name change is going to occur you may just want to wait until after you are married. Just be aware that you will probably get checks for wedding g...
by mortfree
Sat Mar 24, 2018 3:59 am
Forum: Investing - Help with Personal Investments
Topic: Technical Analysis vs. Don't Try To Market Time
Replies: 28
Views: 2023

Re: Technical Analysis vs. Don't Try To Market Time

When you look at the charts you only see the past. Most funds have been steadily climbing. If you look at a few years ago, say 2014, imagine that you don’t know what will happen next. At that point in time chances are the chart was at a high. But then it kept going with a dip here and there. Disclai...
by mortfree
Sat Mar 24, 2018 3:51 am
Forum: Investing - Help with Personal Investments
Topic: "I won the Lottery" update -
Replies: 33
Views: 8368

Re: "I won the Lottery" update -

Do you still play the lottery?

Nice job all around and thanks for the update.
by mortfree
Fri Mar 23, 2018 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Paying Points on Purchase Mortgage - Worth It?
Replies: 28
Views: 2501

Re: Paying Points on Purchase Mortgage - Worth It?

...the bank we are using allows for no escrow at 75% and we would like to avoid paying into escrow. Which bank offers this?! Asking for a ‘friend’ :idea: As I learned from others on here, some states require escrow. Luckily mine doesn’t. Maybe you are in one of those states where you have to escrow?
by mortfree
Wed Mar 21, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months
Replies: 35
Views: 2549

Re: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months

If you get a loan you can put down 5k or 10k or any other amount. It’s somewhere in between the three ideas you listed. I’m surprised you’re getting a discount for cash. I’ve read several situations where the person was going to pay cash but the dealership gave them a lower price to finance through ...
by mortfree
Wed Mar 21, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 17210

Re: Bought house six months ago - now feeling like we're treading water and can't save money

If the tithe is based on a percentage of take home pay, reduce your take home pay. Get rid of the Roth and put the money into the 401k. It will reduce your tithe enough to overcome the drag of the 401k expense ratio. If you’re planning on jumping ship in the next couple of years, you won’t have thi...
by mortfree
Wed Mar 21, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: 50% of my portfolio in FANG - 15% in NVDA
Replies: 64
Views: 6958

Re: 50% of my portfolio in FANG - 15% in NVDA

re concentration in general... Vanguard S&P 500 index: Top 5 = Apple, Microsoft, Google, Amazon, Facebook = 14.2% Vanguard Total World Stock index: Top 5 = Apple, Microsoft, Google, Amazon, Facebook = 6.1% https://personal.vanguard.com/us/FundsQuarterEndHoldings?FundId=0040&FundIntExt=INT&MonthEnd=...
by mortfree
Tue Mar 20, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 17210

Re: Bought house six months ago - now feeling like we're treading water and can't save money

This board is sometimes blind to the fact that for a lot of people where the second income in the family does not make north of $30-40k, childcare expenses make both parents working a break even affair. That can make things tight and high savings goal nearly impossible. This is true, but that equat...
by mortfree
Tue Mar 20, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 6069

Re: Retirement will cost the average American $828,000

The Average American doesn't have $1000 saved.

The Average American cannot afford a $400 emergency.

The Average American has less than x amount in their retirement savings. * I can't remember x, but it's probably less than $50k
by mortfree
Mon Mar 19, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off some of mortgage
Replies: 6
Views: 808

Re: Invest or pay off some of mortgage

Doesn’t have to be either/or.

50% to mortgage and 50 to invest.
60/40
70/30
45/55

You get the idea.
by mortfree
Sun Mar 18, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: TV and set up recommendations for above fireplace
Replies: 35
Views: 2526

Re: TV and set up recommendations for above fireplace

Gosh. Even when it comes to tv placement I am not a boglehead.

House we bought has a plasma above the fireplace. Replacing it with a
4K LED tv tomorrow.

It truly is the only location for the tv in this room.

Maybe the reclining sofas help us with viewing.
by mortfree
Fri Mar 16, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage or Pay Car Loan?
Replies: 5
Views: 370

Re: Refinance Mortgage or Pay Car Loan?

45k mortgage vs 14k car loan.

I was in that situation before and focused on paying off the mortgage.

Don't bother with a refinance.

YOLO
by mortfree
Fri Mar 16, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: New job transition and pregnant - when to inform employer?
Replies: 30
Views: 2641

Re: New job transition and pregnant - when to inform employer?

at least 3 months... or eventually people will see the bump and she won't be able to deny it.

now, if her new job happens to be in a field where she works with chemicals, etc that can be harmful; pretty much right away. I'm going to guess this doesn't apply but it would where I work.
by mortfree
Fri Mar 16, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Wrapping my head around bond funds
Replies: 56
Views: 5434

Re: Wrapping my head around bond funds

great question... I am going to add another one...

Does a CD count as a bond fund?

ETA: poor word choice of "count"
I believe the lesson learned is

bond fund = fixed income
CD = fixed income

but CD is not a bond fund.
by mortfree
Wed Mar 14, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: How to Thank/Reward Realtor
Replies: 28
Views: 2310

Re: How to Thank/Reward Realtor

Will you feel the same generosity when you have to pay up 6% in realtor fees when you sell the property(ies)? It is nice to hear you have a good real estate experience to share. Most are usually not so upbeat. At the end of the day, if you still want to give $, I think gift card to clothing store is...
by mortfree
Wed Mar 14, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Pay cash or go crazy (and take 2.5% loan and invest
Replies: 30
Views: 2447

Re: Pay cash or go crazy (and take 2.5% loan and invest

I lose more sleep over paying $600 per month in interest on my mortgage vs the $9/month on a car loan....


well, not really but I think you get the point.

I always take the car loan...

YMMV and any other disclaimer...
by mortfree
Sat Mar 10, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Amount saved by age
Replies: 58
Views: 8537

Re: Amount saved by age

Age 40: 3X your income.

I believe fidelity came up with one scale like this by age. Look around for that
by mortfree
Thu Mar 08, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: To sell or not to sell
Replies: 39
Views: 2887

Re: To sell or not to sell

Never met a boglehead who doesn’t hesitate to automatically say to sell ANY individual stock. Winner or loser, it doesn’t matter. Stand there, don’t do anything has been working for me. Sirius XM since 2004 Apple since 2007 Google since 2008 Eventually my “luck” will end. Or not. Then I have to pay ...
by mortfree
Thu Mar 08, 2018 5:14 am
Forum: Investing - Help with Personal Investments
Topic: 401K refunded due to failure of the IRS 125 tests
Replies: 35
Views: 3563

Re: 401K refunded due to failure of the IRS 125 tests

@stocknoob

Move the money to the money market fund of your 401k.

Then whatever is left can be invested how you like. This way you avoid the forced selling on a down day.
by mortfree
Tue Mar 06, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Eliminate escrow account to pay off mortgage faster: six of one or half-dozen of another
Replies: 12
Views: 1086

Re: Eliminate escrow account to pay off mortgage faster: six of one or half-dozen of another

I have never let the mortgage company manage an escrow account. Not required in my state as it is for other people in some states. This gives me flexibility as I can save at my own pace for upcoming property taxes. I also believe that not having that monthly payment to escrow, and a refi to a 15 yea...
by mortfree
Tue Mar 06, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: 14yr old son wants to invest
Replies: 20
Views: 1584

Re: 14yr old son wants to invest

VTI (Total US Stock) = ITOT (fidelity version) = SCHB (schwab version)

or just do BRKB

any of those would be a great start
by mortfree
Sun Mar 04, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 54
Views: 6795

Re: Zero-Turn Mowers

Bumping this thread since it is almost grass cutting season (where I live). Looking for zero turn recommendations from the following: Ariens Zoom series Ariens Ikon X42 Simplicity Courier Hustler Raptor Scag Liberty I have about 0.6 acres with some slopes to the yard (nothing too steep). 34” to 42” ...
by mortfree
Sat Mar 03, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Funds: Tax hit
Replies: 6
Views: 1263

Re: Life Strategy Funds: Tax hit

Thanks for the replies thus far. I am not really a purist boglehead when it comes to investing. I do hold a few shares of SPY (from 2004) and VTI (2017). SPY is S&P 500. VTI is total stock ETF (for the acronym haters) My overall portfolio across all accounts is 75:25. When I put money in my taxable ...
by mortfree
Sat Mar 03, 2018 4:11 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help: Financially conservative couple looking for suggestions
Replies: 29
Views: 2526

Re: Portfolio help: Financially conservative couple looking for suggestions

Only one other person mentioned the mortgage. Have you and your wife thought through your feelings around the mortgage and what it might feel like to accelerate for early payoff? Given your self described conservative nature a mortgage payoff plan combined with investing (balanced approach to accomp...
by mortfree
Sat Mar 03, 2018 3:39 am
Forum: Personal Consumer Issues
Topic: Furnace / AC Price Options
Replies: 11
Views: 1299

Re: Furnace / AC Price Options

I put a Trane system in my previous house and used it for just over 2 years before I moved. Looks like the same furnace that you selected. The two stage seemed to be a bunch of hype but i still chose that furnace even though I wasn’t going to save much $$ because I had natural gas and heating bills ...
by mortfree
Sat Mar 03, 2018 2:41 am
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 19611

Re: What was your % pay raise?

2.5% raise.

14k bonus (gross). With 0.75 on 6% company match towards 401k contribution.
by mortfree
Sat Mar 03, 2018 2:34 am
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Funds: Tax hit
Replies: 6
Views: 1263

Life Strategy Funds: Tax hit

Break out your calculators. Although it is not efficient I may want to invest in a Life Strategy fund (80:20 or 60:40) in a Taxable account. I am in the 22% tax bracket and a PA resident. What would the tax hit be if I invested 5k or 10k? Is there a foreign tax hit? I believe these hold internationa...
by mortfree
Fri Mar 02, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Perrenial question - pay off mortgage or not
Replies: 27
Views: 2387

Re: Perrenial question - pay off mortgage or not

I have two loans

Loan 1 charges me $6xx.00 per month in interest.

loan 2 charges me $9.xx per month in interest.

which loan is more detrimental to my overall financial picture?
by mortfree
Fri Mar 02, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Should I bite the bullet and invest in this market?
Replies: 86
Views: 9759

Re: Should I bite the bullet and invest in this market?

razor488 wrote:
Fri Mar 02, 2018 8:43 am
I feel like I am being a lot more gutless than I thought I would. Could this trade stuff be the beginning of a recession? This article is scaring the crap out of me.

https://www.economist.com/blogs/buttonw ... age-future
step away from the tv, internet, and phone apps...
by mortfree
Fri Mar 02, 2018 9:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434874

Re: Buying the latest dip

Depending on your perspective (and time horizon), everyday is a good day to invest...

I added some of Buffett's company yesterday and looks like it will dip lower today. oh well.
by mortfree
Wed Feb 28, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 15116

Re: How much cash do you keep at any time on checking?

Based on some of these responses (thousands, tens of thousands in checking), no wonder some BHs claim they don't have emergency funds...



.
by mortfree
Wed Feb 28, 2018 1:18 am
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 77
Views: 7617

Re: AAPL, AMZN, or GOOG?

How about VGT (Vanguard tech fund)?

I own Apple and google, going on 11 years or so. I’ll hold them.
by mortfree
Wed Feb 28, 2018 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Home appraisal gone wrong (split levels and livable space)
Replies: 39
Views: 4276

Re: Home appraisal gone wrong (split levels and livable space)

rgs92 wrote:
Tue Feb 27, 2018 10:36 pm
HELOCs are now a pretty terrible way to borrow because the interest is no longer tax deductible under any circumstances (as I understand it).
You are almost better off using a low interest credit card if you qualify and find one with a really low rate (like, say, 3.5%).
False.

Bold added