Comments on: Another good week of PF blog reading http://www.joetaxpayer.com/another-good-week-of-pf-blog-reading/ Financial Commentary For The Average Joe Thu, 09 Feb 2012 00:23:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dollars Not Debt http://www.joetaxpayer.com/another-good-week-of-pf-blog-reading/comment-page-1/#comment-20135 Dollars Not Debt Sun, 25 Apr 2010 18:20:36 +0000 http://www.joetaxpayer.com/?p=1709#comment-20135 Love your blog! Keep them coming. Love your blog! Keep them coming.

]]> By: Tyrone | Millionaire Acts http://www.joetaxpayer.com/another-good-week-of-pf-blog-reading/comment-page-1/#comment-7835 Tyrone | Millionaire Acts Sun, 16 Aug 2009 07:57:40 +0000 http://www.joetaxpayer.com/?p=1709#comment-7835 Nice site! I stumbled your blog on entrecard. Good thing to see a fellow personal finance blogger like you. I hope you can also visit mine and probably could link in one of your PF blog reads. :) Nice site! I stumbled your blog on entrecard. Good thing to see a fellow personal finance blogger like you. I hope you can also visit mine and probably could link in one of your PF blog reads. :)

]]> By: JOE http://www.joetaxpayer.com/another-good-week-of-pf-blog-reading/comment-page-1/#comment-7800 JOE Thu, 13 Aug 2009 23:44:27 +0000 http://www.joetaxpayer.com/?p=1709#comment-7800 I think there's risk to consider. The risk free approach is to get a fixed 5%, no doubt. 5% after tax is 3.6% (in 28% bracket). One can pay the mortgage for no risk, or invest, hoping that long term the average will come back to an after tax rate of over 3.6%. I'd like to think neither method is wrong, it's a choice. For sure, I'd put matched 401(k) into that account. But the next dollars depend on the client's risk tolerance. I think there’s risk to consider. The risk free approach is to get a fixed 5%, no doubt. 5% after tax is 3.6% (in 28% bracket). One can pay the mortgage for no risk, or invest, hoping that long term the average will come back to an after tax rate of over 3.6%. I’d like to think neither method is wrong, it’s a choice.
For sure, I’d put matched 401(k) into that account. But the next dollars depend on the client’s risk tolerance.

]]> By: Augustine http://www.joetaxpayer.com/another-good-week-of-pf-blog-reading/comment-page-1/#comment-7790 Augustine Thu, 13 Aug 2009 20:40:26 +0000 http://www.joetaxpayer.com/?p=1709#comment-7790 Joe,

I’ll repost my criticism to the arguments by “My Life ROI” on paying off the mortgage here:

CD’s could have yielded 5% in the 90’s, but the 30yr-fixed mortgage rate then ranged between 7 and 10%. Nowadays, CD’s yield some 2% and the mortgage rate, some 5%. It seems to me that, after running the numbers, paying off one’s mortgage today is as good as in the 90’s. What one cannot do is to compare CD’s rates in the 90’s with mortgage rates in the naught’s.

I’d appreciate your feedback.

TIA

]]> By: Matt Jabs http://www.joetaxpayer.com/another-good-week-of-pf-blog-reading/comment-page-1/#comment-7737 Matt Jabs Mon, 10 Aug 2009 05:03:38 +0000 http://www.joetaxpayer.com/?p=1709#comment-7737 Pretty cool that Suze took the time. I think she wanted to make sure people knew her stance and had not covered it on Twitter yet. All I know is it's hard to go wrong by getting out of debt or saving money! :-) Pretty cool that Suze took the time. I think she wanted to make sure people knew her stance and had not covered it on Twitter yet.

All I know is it’s hard to go wrong by getting out of debt or saving money! :-)

]]> By: Mrs. Micah http://www.joetaxpayer.com/another-good-week-of-pf-blog-reading/comment-page-1/#comment-7735 Mrs. Micah Mon, 10 Aug 2009 01:17:52 +0000 http://www.joetaxpayer.com/?p=1709#comment-7735 Thanks and thanks for the recommendation! :) Happy blogiversary to you as well! Certainly an interesting 2 years to write about personal finance, eh? Thanks and thanks for the recommendation! :) Happy blogiversary to you as well! Certainly an interesting 2 years to write about personal finance, eh?

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