Search found 2519 matches

by mortfree
Wed Apr 07, 2021 8:57 pm
Forum: Personal Consumer Issues
Topic: 2019 Porsche Macan Excessive Tire Noise: Options?
Replies: 54
Views: 3658

Re: 2019 Porsche Macan Excessive Tire Noise: Options?

Any chance the sound started after a tire rotation?

maybe one of the tires is backwards and is creating the noise.

Longshot but never know
by mortfree
Tue Apr 06, 2021 1:14 am
Forum: Personal Investments
Topic: 43yo Newbie Investor
Replies: 19
Views: 2670

Re: 43yo Newbie Investor

Payoff the car loan Hello mortfree - My logic is that the $21K outstanding car loan used for investing (at say, 7pc expected-return vs. 3.3% guaranteed) is a better use of capital. Isn't that the case? Regards. Yes but you have about 170k cash that is not invested. So you really aren’t earning 7% o...
by mortfree
Mon Apr 05, 2021 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Another Mortgage payoff question
Replies: 20
Views: 1312

Re: Another Mortgage payoff question

15% is good but are you maxing the 401k at $19,500? This is bogleheads :D If you can pay it off in two years I would just accumulate the money on the side and pay it off in a lump sum. Sometimes life changes. My house was paid off at 39 but 18 months later we moved and I have a mortgage again. Close...
by mortfree
Mon Apr 05, 2021 7:11 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Hearing Aid
Replies: 7
Views: 622

Re: Recommendations for Hearing Aid

Costco

Free hearing exam

They will make a recommendation.

They were not pushy at all with the purchase.

Great trial period and services after the sale (cleaning, replace the ear locks and ear domes for free).
by mortfree
Mon Apr 05, 2021 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Adding GF to work benefits
Replies: 24
Views: 2040

Re: Adding GF to work benefits

Depending on your state putting her on the insurance could lead to requiring a divorce should the two of you split.

Happened to a friend in Pennsylvania
by mortfree
Thu Apr 01, 2021 7:41 pm
Forum: Personal Investments
Topic: 43yo Newbie Investor
Replies: 19
Views: 2670

Re: 43yo Newbie Investor

Payoff the car loan Hello mortfree - My logic is that the $21K outstanding car loan used for investing (at say, 7pc expected-return vs. 3.3% guaranteed) is a better use of capital. Isn't that the case? Regards. Yes but you have about 170k cash that is not invested. So you really aren’t earning 7% o...
by mortfree
Tue Mar 30, 2021 3:04 am
Forum: Personal Investments
Topic: 43yo Newbie Investor
Replies: 19
Views: 2670

Re: 43yo Newbie Investor

Payoff the car loan
by mortfree
Sun Mar 28, 2021 7:37 pm
Forum: Personal Investments
Topic: Opening a Taxable Brokerage Account for Windfall
Replies: 14
Views: 1203

Re: Opening a Taxable Brokerage Account for Windfall

No debt but you have a mortgage. Interesting perspective. Max the 401k now before you have kids. Save some of that cash for when they come along. VTSAX or VTI for taxable. It is tax efficient. Don’t automatically reinvest the dividends to control tax lots. Well we could sell the house and net almos...
by mortfree
Sun Mar 28, 2021 7:08 pm
Forum: Personal Investments
Topic: Opening a Taxable Brokerage Account for Windfall
Replies: 14
Views: 1203

Re: Opening a Taxable Brokerage Account for Windfall

No debt but you have a mortgage. Interesting perspective.

Max the 401k now before you have kids.

Save some of that cash for when they come along.

VTSAX or VTI for taxable. It is tax efficient. Don’t automatically reinvest the dividends to control tax lots.
by mortfree
Wed Mar 24, 2021 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage monthly or save a lump sum
Replies: 12
Views: 1282

Re: Pay off mortgage monthly or save a lump sum

If you can pay it off in 18 months then just save the money in the side and send lumps every 3-6 months until it is gone.
by mortfree
Wed Mar 24, 2021 8:21 am
Forum: Personal Consumer Issues
Topic: Need a TV - What Brand
Replies: 37
Views: 2268

Re: Need a TV - What Brand

I like the LG tvs that I have seen at BJs

I’m not a fan of Samsung products for whatever reason.
by mortfree
Tue Mar 23, 2021 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase and Realtor Bidding Advice
Replies: 22
Views: 1885

Re: Home Purchase and Realtor Bidding Advice

Comps would be helpful but if you are not sure or can’t gauge what a home should sell for then you haven’t educated yourself enough. Doesn’t seem like your realtor cares about your budget since it’s not money out of their pocket. You are the only one here who has your best interests at heart. Zillow...
by mortfree
Mon Mar 22, 2021 10:17 pm
Forum: Personal Consumer Issues
Topic: Insurance will cover half the roof, how to get quotes for comparison and possibly switch insurance company
Replies: 5
Views: 831

Re: Insurance will cover half the roof, how to get quotes for comparison and possibly switch insurance company

You may want to get a roofer and an insurance person out at the same time to go over all areas of the roof. A roofer may see things the insurance company is ignoring. My roof had hail damage. Insurance person says replace the ridge vents. Meanwhile all the homes in the neighborhood are getting new r...
by mortfree
Mon Mar 22, 2021 7:12 pm
Forum: Personal Consumer Issues
Topic: Overthinking my Lawnmower Purchase (Push vs. Riding)
Replies: 56
Views: 2924

Re: Overthinking my Lawnmower Purchase (Push vs. Riding)

You don’t know it yet but you need a zero turn.

Trust me
by mortfree
Fri Mar 12, 2021 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 364
Views: 26119

Re: Received 3rd stimulus check 3/12/21

bigtex wrote: Fri Mar 12, 2021 3:26 pm My $7k is pending in my account till 3/17. When do the child tax credit monthly payments start?
I believe they start in July
by mortfree
Thu Mar 11, 2021 3:33 am
Forum: Personal Consumer Issues
Topic: Mail to IRS--Certified
Replies: 74
Views: 5187

Re: Mail to IRS--Certified

I mailed mine 3-day priority mail. $8

It took 17 days for it to be delivered. PA to Utah
by mortfree
Fri Mar 05, 2021 4:45 am
Forum: Personal Investments
Topic: How to wisely invest extra money...
Replies: 6
Views: 878

Re: How to wisely invest extra money...

Sometimes diversification doesn’t come in the number of funds you hold. It is more what a fund holds that determines how diverse you are. Investing outside of VTSAX is more like tilting to a particular sector, or value or growth (for examples). I am guilty of having more funds and don’t follow the b...
by mortfree
Fri Mar 05, 2021 4:25 am
Forum: Personal Finance (Not Investing)
Topic: First time homebuyer down payment question
Replies: 9
Views: 718

Re: First time homebuyer down payment question

I would NOT touch the Roth money.

I can’t answer the second question since I was never in jumbo territory. But I did put 50% down on the current house because I wanted a lower monthly payment.
by mortfree
Tue Mar 02, 2021 9:29 pm
Forum: Personal Investments
Topic: Too much sitting in emergency fund
Replies: 13
Views: 3273

Re: Too much sitting in emergency fund

When I felt like I had too much cash (similar amount) I started to max out my 401k. The limit now is 19,500. Try that. As for the 55k. I’d take 15k and invest it. My cash pile is 40k and let’s me freely invest excess money with no worries. If after your account drops to 40k and you aren’t uncomforta...
by mortfree
Tue Mar 02, 2021 5:07 am
Forum: Personal Finance (Not Investing)
Topic: Putting more than 20% down on a home?
Replies: 38
Views: 3712

Re: Putting more than 20% down on a home?

I don’t recall stating how much of a downpayment I was going to make when putting in an offer for the house. Maybe it is location specific? Or part of appraisal details? I also determined my downpayment based on the monthly payment that I wanted. Recent house was 50% down so my P&I was $950/mont...
by mortfree
Sun Feb 28, 2021 7:19 pm
Forum: Personal Consumer Issues
Topic: Stolen car while in repair shop & my options
Replies: 37
Views: 3918

Re: Stolen car while in repair shop & my options

SrGrumpy wrote: Sun Feb 28, 2021 7:03 pm
mortfree wrote: Sun Feb 28, 2021 6:48 pm I’ll guess ceramic coating or other exterior accessories for a newish car.
I see you and I raise you. An obnoxiously loud exhaust system.
I fold

Well played!
by mortfree
Sun Feb 28, 2021 6:48 pm
Forum: Personal Consumer Issues
Topic: Stolen car while in repair shop & my options
Replies: 37
Views: 3918

Re: Stolen car while in repair shop & my options

Is there a safe in the trunk and no one knows the combination?

I would get a copy of the police report.

I would instruct the shop not to do any work.

I’ll guess ceramic coating or other exterior accessories for a newish car.
by mortfree
Sun Feb 28, 2021 2:42 pm
Forum: Personal Consumer Issues
Topic: USPS tracking info never updates
Replies: 35
Views: 2351

Re: USPS tracking info never updates

You may want to sign up for Informed Delivery through the postal service, if you haven’t already.

They give a heads up on packages they will be delivering (usually a day in advance or the same day).
by mortfree
Sun Feb 28, 2021 11:30 am
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 106
Views: 4681

Re: Do I need new tires?

Getting tires from my dealership this Saturday for my 2017 Accord. 38k miles. Buy 3 get 1. They make up for it by requiring an alignment. Same price as CJs Tires if anyone is familiar with them. First time in a while not going to CJs. Just seemed like something was off about our vehicles after going...
by mortfree
Sun Feb 28, 2021 4:07 am
Forum: Personal Investments
Topic: Is this a good time to invest in VTI for long term?
Replies: 34
Views: 3617

Re: Is this a good time to invest in VTI for long term?

You didn’t say how much you have to invest. I’ll make up an example. You have 25k now. Your timeline might be 5 years Invest that 25k and forget about it Over the next 5 years can you save 25k or more again? That’s how I would approach it. Are you maxing a 401k or similar? Roth IRA if eligible?
by mortfree
Sun Feb 28, 2021 3:52 am
Forum: Personal Finance (Not Investing)
Topic: Early Mortgage Payoff
Replies: 22
Views: 1855

Re: Early Mortgage Payoff

I think currently you are better off putting any extra money into savings/investments. Yes, returns are important but so is your savings rate. Maxing retirement and the backdoor is a great start. And you can always re-evaluate your financial situation in a year or so and see if the savings/investing...
by mortfree
Sat Feb 27, 2021 1:21 am
Forum: Personal Investments
Topic: No more childcare! What to do with extra $2k/month
Replies: 12
Views: 1751

Re: No more childcare! What to do with extra $2k/month

Taxable account is a little light if you want FI.

I would be adding to that in your case before paying extra to the mortgage.

Stay the course and the mortgage will be gone at age 59.

The taxable should sustain you if you early retire and can’t access the 401k etc.
by mortfree
Sat Feb 27, 2021 1:13 am
Forum: Personal Consumer Issues
Topic: Phantom doctor appointment
Replies: 52
Views: 4835

Re: Phantom doctor appointment

If they called on a line with no caller ID...

How can you even be sure the call originated from that specific doctor’s office.

Don’t pick up the phone if you don’t recognize the number.

If it’s important they will leave a message.
by mortfree
Fri Feb 26, 2021 4:03 am
Forum: Personal Finance (Not Investing)
Topic: Can I safely quit? Should I quit?
Replies: 51
Views: 6201

Re: Can I safely quit? Should I quit?

If you retire no need for daycare.

38k saved in a year.

Good luck
by mortfree
Wed Feb 24, 2021 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance question: Can bank asks for this?
Replies: 12
Views: 1263

Re: Refinance question: Can bank asks for this?

Yes it is normal.

I had to send the info to my insurance agent and they updated the policy with that detail and showed paid in full.

I then sent that new policy page to the refinance company.
by mortfree
Wed Feb 24, 2021 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: New Pennsylvania Income Tax Filing Web Site
Replies: 22
Views: 1984

Re: New Pennsylvania Income Tax Filing Web Site

Agreed with other posters that this is not ready for the big time. Thought I would give it a try tonight. There is no option to import data, so I entered it all manually (W2, UE, A, B, D, O). Had about 30 stock sales to enter on Schedule D. On the final summary screen, the total income from Schedul...
by mortfree
Sun Feb 21, 2021 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: New Pennsylvania Income Tax Filing Web Site
Replies: 22
Views: 1984

Re: New Pennsylvania Income Tax Filing Web Site

I used the new website on Saturday feb 20. It went really well. I entered all information as prompted and the amount owed matched turbo tax. So I submitted it. A few hours later I realized I missed entering my wife’s W-2 details. On every page except W-2 it forced me to enter her info. So I went thr...
by mortfree
Sun Feb 21, 2021 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: I Think I *Can* Buy This Home, *Should* I Buy It?
Replies: 44
Views: 3273

Re: I Think I *Can* Buy This Home, *Should* I Buy It?

I like how you list debt as $0 but the next sentence talks about your mortgage payment.

I am guessing that You’ll be a hero if you buy the home.
by mortfree
Sun Feb 21, 2021 1:59 am
Forum: Personal Investments
Topic: New Boglehead- Am I Overthinking?
Replies: 15
Views: 1758

Re: New Boglehead- Am I Overthinking?

2. There are no tax implications when buying or selling in the 401k account.

I’d be comfortable with the 500 fund and the bond fund.

Pick an asset allocation that suits you. 90:10. 80:20 70:30. Stocks:bonds. Or somewhere in between.
by mortfree
Sat Feb 20, 2021 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Car... to buy or not..
Replies: 17
Views: 1493

Re: Advice: Car... to buy or not..

5 to 10k down. Get a loan.
by mortfree
Sat Feb 20, 2021 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: House buying negotiations
Replies: 122
Views: 9761

Re: House buying negotiations

Appliances, garage door, even windows perhaps are probably all functioning. You just don’t like them. Not the seller’s problem. Age of roof is part of buying an established home. How old is the water heater and HVAC? If your friends make an offer how will they back out if the seller accepts their of...
by mortfree
Sat Feb 20, 2021 6:51 am
Forum: Personal Finance (Not Investing)
Topic: House buying negotiations
Replies: 122
Views: 9761

Re: House buying negotiations

I completed a private sale and when it came to price the owners gave us their number. I didn’t feel it was negotiable. Granted it was on the 400k level. I have seen similar comments on here regarding private sales and pricing. Of course if their price is in line with the comps and didn’t factor out ...
by mortfree
Mon Feb 15, 2021 1:54 pm
Forum: Personal Investments
Topic: Talk me into paying off my mortgage...
Replies: 61
Views: 9704

Re: Talk me into paying off my mortgage...

Where do you get the money for maintenance of three properties? Given that you might buy another property after paying this one off I don’t see the point. I would also be very careful of taxes if you do decide to liquidate and pay it off. Is there less risk in real estate than the market? Plenty of ...
by mortfree
Sun Feb 14, 2021 7:23 am
Forum: Personal Investments
Topic: Sleeping well at night with a mortgage - how?
Replies: 30
Views: 3950

Re: Sleeping well at night with a mortgage - how?

Ironman1977 wrote: Sun Feb 14, 2021 7:20 am
mortfree wrote: Sun Feb 14, 2021 7:18 am What is car $500/month?
It’s a BMW X3 leasing car in a high tax country.
I figured loan. Not lease.

Oh well. Life is expensive but you make 240k net or so.
by mortfree
Sun Feb 14, 2021 7:22 am
Forum: Personal Finance (Not Investing)
Topic: COVID stimulus payments and tax returns . . .
Replies: 12
Views: 1435

Re: COVID stimulus payments and tax returns . . .

As others have said if you received the full amount you were entitled to then you really don’t have to report it. Your tax software may ask about it.

For us, we had a baby in 2020 so I had to complete that section to get that money since he didn’t exist on our 2019 return
by mortfree
Sun Feb 14, 2021 7:18 am
Forum: Personal Investments
Topic: Sleeping well at night with a mortgage - how?
Replies: 30
Views: 3950

Re: Sleeping well at night with a mortgage - how?

What is car $500/month?
by mortfree
Sat Feb 13, 2021 7:34 pm
Forum: Investing - Theory, News & General
Topic: The premise of the "emergency fund" is flawed
Replies: 559
Views: 33103

Re: The premise of the "emergency fund" is flawed

Great! Now my EF is 200k at 80:20 (taxable only).

Some people on here said I was crazy to think that 40k was a good EF. Now I’m way over that.


Is there going to be a wiki update?

:sharebeer
by mortfree
Wed Feb 10, 2021 6:28 am
Forum: Personal Consumer Issues
Topic: Subaru auto loan: what are the early payoff penalties? Should I just pay cash?
Replies: 26
Views: 1716

Re: Subaru auto loan: what are the early payoff penalties? Should I just pay cash?

We bought our 2018 Forester with 0% dealer financing through Chase. When they changed the terms to apply extra payments to the end of the contract instead of the earliest upcoming payments, we paid it off in full. No penalties of any kind. Huh? Can you better explain how and why they did this? Chas...
by mortfree
Tue Feb 09, 2021 2:55 am
Forum: US Chapters
Topic: Why A Good Boglehead Must Leave The Bogleheads Forum
Replies: 180
Views: 18375

Re: Why A Good Boglehead Must Leave The Bogleheads Forum

A “good boglehead” (whatever that means) should be able to tune out the noise.

:sharebeer

In before the lock
by mortfree
Mon Feb 08, 2021 8:25 pm
Forum: Investing - Theory, News & General
Topic: VTSAX Finally Cracked $100 Per Share Today
Replies: 34
Views: 3939

Re: VTSAX Finally Cracked $100 Per Share Today

I was impressed when VTI hit $200 per share.

This investing thing might just work. Haha
by mortfree
Mon Jan 18, 2021 10:00 am
Forum: Personal Investments
Topic: Investing Extra Money
Replies: 20
Views: 2307

Re: Investing Extra Money

To reiterate the above, lose the whole life policy.

Highly doubt you need it
by mortfree
Sun Jan 17, 2021 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff - This is an Easy One! (??)
Replies: 36
Views: 3830

Re: Mortgage Payoff - This is an Easy One! (??)

After payoff I’d want at least 100k in taxable.
by mortfree
Sun Jan 17, 2021 6:31 pm
Forum: Personal Investments
Topic: Where would you tell a 20 yo to invest 5000$
Replies: 60
Views: 4251

Re: Where would you tell a 20 yo to invest 5000$

What’s his earning potential after graduation?

5k could be a lot of money or a month’s paycheck.

VTSAXat 100% if the money can be left to grow for a long time.

Otherwise savings towards becoming independent post-graduation.
by mortfree
Sat Jan 16, 2021 9:32 pm
Forum: Personal Consumer Issues
Topic: Old Apple iPhone - Worth Replacing Battery?
Replies: 33
Views: 2046

Re: Old Apple iPhone - Worth Replacing Battery?

illumination wrote: Sat Jan 16, 2021 5:41 pm Another yes vote. I replaced my iPhone 7 battery not too long ago, it was like a new phone.

I have a 12 now, I could have easily gone a another 1-2 years on my 7. The SE is even newer.
How do you like the 12?

I want to upgrade from 7 but having analysis paralysis on 12, 12 pro, and 12 max.