Search found 1382 matches

by mortfree
Mon Sep 10, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to choose a real estate agent?
Replies: 24
Views: 2186

Re: How to choose a real estate agent?

I find it interesting that people are saying to find a realtor who can sell your house. In my one time experience selling a home, my agent was never present when there was a showing. It was always the prospective buyer with their own realtor. However, my agent was able to sell my home when we had an...
by mortfree
Sun Sep 09, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 6401

Re: Paying off mortgage with 87K left on it

Less than 6 years to go Less than 8k in interest. More than enough cash now to pay it off without tax consequences. What if you do this instead: Deem your mortgage paid off “on paper” With the monthly paycheck take $1900 and invest it. Make your mortgage payment from the cash pile. Do this for the n...
by mortfree
Sun Sep 09, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Pennsylvania Vehicle Registration Renewal - 2 year option
Replies: 42
Views: 6254

Re: Pennsylvania Vehicle Registration Renewal - 2 year option

I put the calendar item for about 20 months from now for the two year renewal I did earlier this year. Getting the stickers off has been challenging. There is no requirement, need or advantage to removing the stickers. There is no problem with removing them either. If you drive in another state and...
by mortfree
Sun Sep 09, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 6401

Re: Paying off mortgage with 87K left on it

Is the house in decent shape? HVAC? Roof? Carpets? Kitchen? Bath? If any of these need to be done will you sell your investments or pay cash or would you need to borrow? If borrowing, do you think you’ll get a rate as low as your current mortgage? I paid my house off (at age 39) when I had a similar...
by mortfree
Sun Sep 09, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 6401

Re: Paying off mortgage with 87K left on it

How much are taxes and insurance on your home per month?
by mortfree
Sat Sep 08, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage accelerator?
Replies: 16
Views: 1113

Re: mortgage accelerator?

Why would you need the Heloc to do this? In January make your payment plus $4800. Then each month save $400 so that by January 2020 you can lump sum again. Seems complicated the way you want to do it. Disclaimer: I pay anywhere from $260-320 extra per month towards my mortgage. I don’t save it to l...
by mortfree
Sat Sep 08, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage accelerator?
Replies: 16
Views: 1113

Re: mortgage accelerator?

Why would you need the Heloc to do this? In January make your payment plus $4800. Then each month save $400 so that by January 2020 you can lump sum again. Seems complicated the way you want to do it. Disclaimer: I pay anywhere from $260-320 extra per month towards my mortgage. I don’t save it to lu...
by mortfree
Fri Sep 07, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 6017

Re: Subaru: Crosstrek or Outback?

researcher wrote:
Fri Sep 07, 2018 8:35 pm
How long until the first minivan recommendation? :)
His mind is already made up.
by mortfree
Fri Sep 07, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 6017

Re: Subaru: Crosstrek or Outback?

vitaflo wrote:
Fri Sep 07, 2018 8:25 pm
mortfree wrote:
Fri Sep 07, 2018 8:18 pm
Do these vehicles come in AWD and FWD? Just wondering since you probably don’t need AWD.
All Subaru's (sans the BRZ) are symmetrical AWD. It's why people buy them.
Thanks. I have only done limited research on Subaru’s and didn’t recall seeing the two models in FWD.
by mortfree
Fri Sep 07, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: Subaru: Crosstrek or Outback?
Replies: 81
Views: 6017

Re: Subaru: Crosstrek or Outback?

How long will you keep this vehicle? Before you know it your kids will be teenagers and will they sit comfortably in the back seat. (Given your username) You should definitely sit in the backseat when you check out the vehicle.. Do these vehicles come in AWD and FWD? Just wondering since you probabl...
by mortfree
Fri Sep 07, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Which ETF in taxable? VIG, VYM or VTI
Replies: 13
Views: 1405

Re: Which ETF in taxable? VIG, VYM or VTI

if you have too much total stock in retirement, consider VT (Total World)
by mortfree
Fri Sep 07, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: How Big of a Mortgage Should We Get?
Replies: 41
Views: 3205

Re: How Big of a Mortgage Should We Get?

What is your net worth excluding the house? If it is not too much, why is it safe to put that much into the house? Net worth is a little south of 500k. My half of the house would be roughly 35% of that. What is the breakdown of cash saved for the down payment vs taxable investments to sell? I would...
by mortfree
Thu Sep 06, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: How Big of a Mortgage Should We Get?
Replies: 41
Views: 3205

Re: How Big of a Mortgage Should We Get?

if you pay cash, will you have enough money left to pay the capital gains taxes?

are all your gains long term (LTCG) at this point?

assuming you do not get 0% on LTCG

are you ok being house poor? based on the info, I believe most of your worth will be in the house.
by mortfree
Thu Sep 06, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: [Retirement accounts locked by Vanguard, unable to convert Admiral funds to ETF]
Replies: 57
Views: 4393

Re: Vanguard Bars me from changing from admiral share to etf status

Let me guess, wellington and/or Wellesley?

chances are whatever you are holding there is not an equivalent ETF.
by mortfree
Thu Sep 06, 2018 3:57 am
Forum: Investing - Help with Personal Investments
Topic: Pay off loans vs invest
Replies: 16
Views: 1615

Re: Pay off loans vs invest

Term life Insurance for each of you?
by mortfree
Wed Sep 05, 2018 4:20 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage with Credit Union
Replies: 8
Views: 889

Re: Mortgage with Credit Union

Ask them what they offer for 0 points. Shop around if they won’t. Many lenders won't offer exactly zero; they use small point values to allow the rate to be a fixed multiple of 1/8. Such a lender might offer 0.25 points at 4.375%, or 1.00 points at 4.25%, or 1.75 points at 4.125%, or 2.50 points at...
by mortfree
Tue Sep 04, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage with Credit Union
Replies: 8
Views: 889

Re: Mortgage with Credit Union

Ask them what they offer for 0 points.

Shop around if they won’t.
by mortfree
Tue Sep 04, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Sell our new home to downsize
Replies: 37
Views: 3584

Re: Sell our new home to downsize

Buyers remorse.

$750 is way too much for extra mortgage payment.

Moving will cost you more than what you think you will save.

Stay the course (scale back those extra mortgage payments)
by mortfree
Tue Sep 04, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: How To Invest Windfall When At Market Top
Replies: 26
Views: 4429

Re: How To Invest Windfall When At Market Top

Cover your eyes and hit the buy button
by mortfree
Mon Sep 03, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3898

Re: Edward Jones advising roll over 401K to their IRA

I just bought "The Coffeehouse Investor" and I should get it in 2 weeks. Do you have a public library in your area? If so, you may have already bought this book with your tax dollars. If they don’t have it, ask them to buy it. If you don’t have a library, the library does not have it, or the librar...
by mortfree
Mon Sep 03, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: To pay of mortgage or not to? Help
Replies: 19
Views: 1197

Re: To pay of mortgage or not to? Help

How much is your house worth? ie how much equity do you have already.

What is your monthly PI?

My initial thought is to pay it off since you have a large sum of cash left after payoff.
by mortfree
Mon Sep 03, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Buy new (likely new to me) car while I can afford it?
Replies: 14
Views: 879

Re: Buy new (likely new to me) car while I can afford it?

I’d leave 10-15k at your local bank so you have 30k - 45k at CapOne.

I thought you might be a secret millionaire until your latest post where you mention higher earnings just recently.

If you lose your job maybe you don’t need two cars.
by mortfree
Sun Sep 02, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: First Steps w/ Roth IRA
Replies: 10
Views: 1252

Re: First Steps w/ Roth IRA

ITOT at Fidelity.

100% this year and 2019.

You’re young
by mortfree
Sun Sep 02, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: How valuable is a roth for only 1 year?
Replies: 23
Views: 1455

Re: How valuable is a roth for only 1 year?

Check out White coat investor if you aren’t aware of it yet.
by mortfree
Sun Sep 02, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis - Mortgage, Emergency Fund, etc.
Replies: 51
Views: 4453

Re: Analysis Paralysis - Mortgage, Emergency Fund, etc.

Thanks for answering my questions. I know how daunting it is to have cash- just on a smaller scale. What is your savings rate? You mention some house items in the future. How long would it take to save up with new money? That could help to alleviate concerns with adding to your taxable account now. ...
by mortfree
Sat Sep 01, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis - Mortgage, Emergency Fund, etc.
Replies: 51
Views: 4453

Re: Analysis Paralysis - Mortgage, Emergency Fund, etc.

You are conservative Your breakdown to me is basically 200k to mortgage and 165k to emergency fund (disguised as two separate accounts). What is your 166k taxable invested in? 200k to mortgage seems to be a good number. Except now you have 589k equity in a 950k home (round numbers). You might even b...
by mortfree
Fri Aug 31, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: House Affordability - Question on standard advice
Replies: 35
Views: 3304

Re: House Affordability - Question on standard advice

Depending on the site it would probably mean whatever math equation gives you the highest Home price/loan. My recent purchase I put 50% down and the house is just under 4x my gross income. But the math that really mattered was based on my net income after maxing 401k and if I had enough to comfortab...
by mortfree
Fri Aug 31, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Total StockInternational Fund
Replies: 10
Views: 1153

Re: Total StockInternational Fund

Are you actively contributing to this fund or rebalancing into it as per your asset allocation?

Some you win, some you lose.

Of course you did say you have gains. But if it is the.worst.fund.ever, then:

You could always sell the tax lots that have losses.
by mortfree
Fri Aug 31, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Checkup (32 Him, 31 Her)
Replies: 7
Views: 1674

Re: Financial Checkup (32 Him, 31 Her)

I don't know much about the fees in mine. Its the NYS 457 - I think I've seen some positive comments about it on this forum. I can't afford to max both our Roths and do the 457 (when I'm already maxing out my 403b and maxing my wife's up to the company match), so should I maybe cut the Roth contrib...
by mortfree
Fri Aug 31, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Overexposed in Stocks - Several Further Questions
Replies: 9
Views: 1055

Re: Overexposed in Stocks - Several Further Questions

Minor detail. You have your wife contributing 18k to 401k. She can do 18,500 this year. $500 is $500
by mortfree
Fri Aug 31, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Which advisor?
Replies: 12
Views: 1203

Re: Which advisor?

I’ll go out on a limb and predict that Vanguard will suggest the following:

Total US Stock
Total International Stock
Total US Bond
International bond fund
by mortfree
Fri Aug 31, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones advising roll over 401K to their IRA
Replies: 44
Views: 3898

Re: Edward Jones advising roll over 401K to their IRA

Lesson 1: never use Edward Jones. Or any place that charges AUM.
by mortfree
Fri Aug 31, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice
Replies: 6
Views: 642

Re: Seeking Advice

Capital one money market

Ally savings

Any online account paying 1.85%.
by mortfree
Tue Aug 28, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 6 figs cash before investing (to minimize income)
Replies: 7
Views: 913

Re: Where to put 6 figs cash before investing (to minimize tax)

If it were me, I would move the money to my credit union savings account that is paying 0.1% interest.

YMMV
by mortfree
Tue Aug 28, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11910

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Piece of mind vs peace of mind.

Especially when someone uses it incorrectly to describe how they felt paying off their mortgage.
by mortfree
Tue Aug 28, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: thinking of paying off mortgage pls help
Replies: 52
Views: 3226

Re: thinking of paying off mortgage pls help

So very sorry for your loss.

I do not recall seeing someone post this link about managing a windfall and didn’t read through again. Your situation seems to be like this in some sense.

https://www.bogleheads.org/wiki/Managing_a_windfall
by mortfree
Tue Aug 28, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on paying off debt vs investing
Replies: 32
Views: 2349

Re: Thoughts on paying off debt vs investing

You've made all the usual points, but I didn't see mention of the time factor. maybe you won't feel like paying the student loans for 10 or more years. They aren't going away any time soon unless you pay them down. Balanced approach is always good. Some info is still needed, but I'd knock out the 6....
by mortfree
Mon Aug 27, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Real Estate sale question. Reasonable offer expiration time period?
Replies: 15
Views: 679

Re: Real Estate sale question. Reasonable offer expiration time period?

In my case, I realized that the realtor selling my house did NOT work for me. The realtor works for their company. OPs situation kind of sounded similar. YMMV As for the time expiration, as a buyer you will run into sellers who just don’t seem like they are ready to sell. So a time limit helps the b...
by mortfree
Mon Aug 27, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Selling individual stock, reinvesting questions
Replies: 9
Views: 726

Re: Selling individual stock, reinvesting questions

Since it is getting close to 2019, one thing you could think about doing is selling some now in 2018 and then some (or the rest) in January 2019. Of the course, it might not matter much so long as if you sell everything in 2018 you do not jump to the next tax bracket. Do the math. You’ll get better ...
by mortfree
Sun Aug 26, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage and asset allocation
Replies: 8
Views: 687

Re: Mortgage and asset allocation

The wiki says that assets are: stocks, bonds and cash.

I am fairly certain that the house would not be included in asset allocation.

Mortgage is referred to here as a negative bond.

Keep it simple and stick to stocks:bonds/cash for asset allocation.
by mortfree
Sun Aug 26, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Power window problem
Replies: 13
Views: 981

Re: Power window problem

Did you type this really fast because you didn’t want your dog to know you posted here about the window?
by mortfree
Sun Aug 26, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff?
Replies: 27
Views: 2730

Re: Mortgage Payoff?

Thanks for the replies so far. To answer a few questions: The ARM can be paid off in full at any time. In the Fall of 2022 the rate will change from 3% to a maximum of 5%, and can change annually thereafter limited to 2% changes in rate. I will have long term capital gains in my brokerage account i...
by mortfree
Sat Aug 25, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff?
Replies: 27
Views: 2730

Re: Mortgage Payoff?

You will have to pay taxes on a 40,000 gain just so you can payoff your house.

If you are under a year since purchase of investments then you will be paying regular tax rate instead of the long term capital gains rate.
by mortfree
Sat Aug 25, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Tips paying down mortgage - anybody use equity line ?
Replies: 16
Views: 1221

Re: Tips paying down mortgage - anybody use equity line ?

I had paid off a 165k loan in 10 years. I originally had a 30-year loan (2006). Refinanced in 2008 to a 15-year loan. Then I got serious about paying extra each month. Twice the payment at times. Then I did a few lump sums to get it down more. I was 39 when it was paid off. Then I discovered boglehe...
by mortfree
Sat Aug 25, 2018 1:40 am
Forum: Investing - Help with Personal Investments
Topic: Strike One, Strike 2, and Now What? Please Help!
Replies: 67
Views: 6851

Re: How Aggressive is Aggressive: Allocation Question

How do you feel about international bond? At 6% not really going to do much. I’ve also seen smarter people on here say intl bond isn’t necessary (??). Could always just put that in the total bond. Might as well answer this question since it will be asked: what happens if you can’t work for 13 or mor...
by mortfree
Sat Aug 25, 2018 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Home equity and timing of house purchase
Replies: 17
Views: 2544

Re: Too much home equity?

Yes - forgot important detail about the rest of our net worth. All in, including the 525K in home equity, we are at 1.3M, so about 775K without the house. My basic worry is that seems like too high a percentage of NW to have What is your age? If you are moving because of school I’ll assume you are ...
by mortfree
Sat Aug 25, 2018 12:49 am
Forum: Investing - Help with Personal Investments
Topic: At a standstill... maxed 401k & IRA, now what?
Replies: 9
Views: 1167

Re: At a standstill... maxed 401k & IRA, now what?

2019 is a few months away. start setting money aside so you can max your Roth on January 2. Key word was 2019. I was under the impression that you already maxed the Roth IRA for 2018. Since you are evaluating your finances and considering taxable investing, you may want to look at ways to max the R...
by mortfree
Fri Aug 24, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: At a standstill... maxed 401k & IRA, now what?
Replies: 9
Views: 1167

Re: At a standstill... maxed 401k & IRA, now what?

2019 is a few months away.

start setting money aside so you can max your Roth on January 2.
by mortfree
Fri Aug 24, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10909

Re: Take auto loan 0.9% if I can afford cash?

What I don’t understand is why the manufacturers or dealers want to subsidize something that (seems anyway) an inferior deal for them. If you were the manufacturer wouldn’t you rather not finance something at below market interest rates? It makes sense if you get a higher price but from what I unde...