Recent content by jms493

If you need life insurance (wife, kids, etc)  20-30 year Term life will be the best way to go and the cheapest.  Dont get sucked into Whole life or Universal. I used a broker that got me a very nice deal from William Penn a few years ago.

All of this information has to be disclosed.  yes educate yourself...all funds have different expense ratios.  If you are concerned about it then check all the funds in your account. But honestly...the #1 factor that determines how much you will have in the end is the amount of money you...

Mad Max is $19 with DLC for PC.

Here is a idea I just implemented for my wifes IRA. The 3 Fund portfolio

Maybe I came in this thread a little too hot...I just want to share my view on purchasing a car.  People need to realize that taking out a car loan is taking on risk.  Life can change in a heartbeat and your job can change.  I could take out that lease with my 10 mile commute no problem until...

When friends/family ask me about buying a car most will end up up arguing with me on this subject  and its fine...its your money do what you pleases you.  I did a lease and I had car loans and I finally got fed up with making these payments for cars all the time.  I changed my ways and only look...

I dont like leasing for a few reasons. Its the most expensive way to operate a vehicle.  The money factor when actually converted is usually higher than some interest rates.  Essentially it seems like a 7 year loan.  3 year lease then come back and buy it and get a 4 year loan....seems crazy to...

Listen I dont want to crush this thread with this stuff…but people should look at the purchase price of the car and not the monthly payment.  Just because the monthly payment fits into your monthly budget doesn’t mean you should buy/lease a $30-40K car.  

If I had $100 to my name but had a 800 credit score could I get a 25K loan?

I agree buy from cities where there are lots of dealers.  High volume dealers will cut the price if you ask and play some hardball.  They are all about the volume. FYI back in the day in the spawn of car dealers loans were forbidden.  Henry Ford resisted the longest but eventually had to give...

Sorry I wont hijack your thread. I just do not take out auto loans. I will save up money and buy a car with in my means. I lived at home and worked mowing lawns and delivering papers to buy my first car.

Vanguard Index funds or ETFs.  Easy peasy

And dont forget a Will...equally as important.

For you young a healthy people who are recently married or have children...TERM INSURANCE ONLY!.  20 year fixed term where the payments stay the same.  a good rules of thumb is 10-12x your annual income.  The type of insurance is dirt cheap if you are a healthy person. Do not buy Whole Life...

You don't need to be wealthy to buy a 15-20K car without a loan. Many of these people getting loans for these cars have no money...therefore the should stay away from the dealership.