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Investing questions and 'financial freedom date' thoughts

June 2nd, 2016 at 08:27 am

hi all

I was thinking of doing the 3 stock portfolio plan from Bogleheads with my money and just sticking to that with the majority of investing and then using a 'smaller amount' which is undefined yet to try other investments out or pursue other (Stock) investments. What do you guys do?

and thinking on 'financial freedom'.If no big hiccups I should have all these properties paid off by June 2018.. but realistically w this big house mortgage (currently $300k) I will not feel 'financially free'.. even if I reach my goal of $450k investing too. I need to do something about this mortgage. I also am thinking I need a year w this new property management company to feel good too. I also need to have a 'passionate goal or plan' and really do not have that (yet). My goal is to pay off all these properties and get the cash flow but then what

Working on all the above.. just posting..

Currently no plans to move from where I live now but just doing a quick check reveals several homes which are on the bike path (in other neighboring towns) with large lots, older homes with hardwood floors etc.. which I like and are less $$ than the house I live in now.. One even had a coach house which would be sortof fun and I would love to be on the bike path or nearer to downtown. The hsoue I have now ... though near the downtown of our town is NOT in the downtown and again the people are less friendly..

6 Responses to “Investing questions and 'financial freedom date' thoughts”

  1. snafu Says:

    Curiosity leads me to ask if you've done a multi level evaluation of benefits and drawbacks of your current house. What social and financial benefits /drawback would accrue from another choice of accommodation at another location?

  2. PatientSaver Says:

    Glad to see another person where "being near the bike path" is a major criteria in choosing their next house. Smile We don't have such a bike path here with homes on it, but if we did I'd think the same as you!

  3. PatientSaver Says:


    I'm not familiar with the 3-stock portfolio plan (sounds awfully undiversified). I've got a more conventional portfolio with about 60% in stock (US small/mid/large and international) and 34% in bonds (investment grade, high yield and international) as well as 6% cash (which I plan to increase in near-term future).

  4. Rachael777 Says:

    I meant the 3 fund portfolio at vanguard.. 65% total stock market fund, I think 15% international total stock and 20% bonds. Regarding my house.. I can not get a 'conventional loan' until next year. PROS of my house. it is nice, fixed up, large, nice yard, I live here already. there were some custom things done w the house.. very good area.. top school district in town..CONS.. it is worth a lot. I owe $300k on it and the 'area' is more well off and people are not as friendly.. people have services who mow lawns etc. you do not know neighbors. I am not 'walkable' to the downtown or the train and have to drive to the bike path. I can have an older home w front porch, rear porch, hard wood floors, friendly more urban neighbors, near the college in downtown either in the town where I live or another neighboring town (which has a fantastic bike path) at lower cost and maybe enjoy a more social active lifestyle. I REALLY miss my front porch and rear porch, friendly neighbors etc, that I used to have before I moved here.. I like older homes by the way and my home is not new but it does not have that old world charm. It is one of those larger open ranches.. very nice.. very large lot..

    I never really wanted to live in a 'named subdivision' and this is a named subdivision. Although you can walk outside of the subdivision into neighborhoods I do not like it.


    I think my main issue w this house is the neighborhood... that although very nice leaves me feeling a little isolated.

    just thinking right now. there are costs to move and sell and fix up a new place.

  5. Petunia 100 Says:

    I do the 3 fund portfolio myself, so I think it is a great way to go.

    Moving is such a pain, but if you can end up with a home that suits you better PLUS spend less on the new home, that's a win all the way around.

  6. snafu Says:

    I was thinking about online evaluations; the critical factors in selecting a home as these are so individualistic. OK, you don't like the location while every realtor speaks endlessly about location as the critical factor. As Petunia suggests, run the figures. What does this house cost monthly/yearly compared to home in town? What is social life worth to you in terms of activities, pleasure, enjoyment factors?Where is your social life today? Where would you like it to be? Are you likely to join/participate in community activities? take classes at the college? use the b Are there transportation benefits or costs? Is there better access to services you use frequently in one location or the other? Identify/quantify the added cost to move [realtor fees, utilities, packing expenses, moving truck, etc]

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