Dwdonhoff

David Donhoff http://boards.fool.com/Profile.asp?uid=51281470

Dwdonhoff’s Activity

Yesterday

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 2:32 AM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi Syke,

Standard loan:1 During the first 10 policy years, you may take a standard loan for a low net 2% cost. For example, the policy would charge 4% in advance each year, then credit back 2% at the end of each year the loan is [more]

Thu Jul 10

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 4:37 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi Syke,

In order to get the safety of the floor, you have to pay a 5% load, and then if you decide to access your money by taking a loan, there is a 2% fee when you take it out.
Uhmm... nope... no fees to pull a [more]

NL

Boards Post

Dwdonhoff posted to the Conservative Fools board. 12:46 PM

‘Peer review ring’ corruption discovered, kills

‘Peer review ring’ corruption discovered, kills findings

Saw this on Drudge;
Scholarly journal retracts 60 articles, smashes ‘peer review ring’
[more]

Wed Jul 9

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 7:15 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

JAFO,

"'borrowing' is synonymous with 're-allocating', as your previously claimed [post 127180].
OK, so now you're in agreement, good. This is what I said from the outset.

You have not debunked what I [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 3:27 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

JAFO,

"Himself"? How does one loan to oneself? This does not even make sense.
I find it peculiar you've never known folks who DO this... I see it literally *ALL* the time. People reallocate from one place to the [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 2:23 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Aaaand, there we go... full circle all over again;

http://boards.fool.com/ltsighgt-if-anyone-cares-to-actually-...
Watch... virtually every [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 2:16 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Ray,

You're kidding, right?
Sadly... no...

#1 has transferred $20K of his net worth from a liquid asset to an illiquid asset. If he doesn't put $20K back into the savings account .... nothing happens. He's [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 12:57 PM

Re: More musings on a dead horse

Ray,

Seriously... you're simply not paying attention.

1. An IUL is a structured financial trade, defined in size by the applicant at the beginning, with the flexibility to fund it as high or low as the constraints determined by the [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 12:45 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi Ray,

A "loan" from a 401K isn't a loan. It is a restricted withdrawal with the proviso that it be put back within a certain timeframe.

OK, so now YOU are the one taking a well-accepted, Wiki [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 12:16 AM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi JAFO,

Investopedia does not have a definition of borrow,
<SNIP>
You have been poking at me, but you have not been answering my questions. If I were more cynical i might suggest suggest that you are not [more]

Tue Jul 8

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 5:41 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi Ray,

Words have meanings.
They sure do... and often in various very important ways.

You can reallocate your money, but you cannot "rallocate" a lenders money except at the point of a [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 5:05 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Dwdonhoff:

Are they re-paying a loan (with or without interest based on an amortization schedule) or jsut saving more for retirement, like they would have done anyway?

Same/same...
Same incentives, same actions, [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 2:31 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi JAFO.

I note that defintely you have no obligation to repay your investment account, unlike the obligation to a real lender.

Most folks who take money from their retirement funds to use as a down payment find a real [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 12:59 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi JAFO,

Dave: You are using very peculiar definition of "borrow" to come to that conclusion. My BS/sales language detector beeps furiously when common terms are redefined to peculiar definitions to make a position more [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 2:37 AM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi Spinning,

So let's focus down on one issue. <snip>
After all this discussion, I still don't understand how I get out of an IUL. I really would like to understand this. Can you explain all the issues associated with getting
[more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 2:23 AM

Re: More musings on a dead horse

Hi Ray,

Re; Your Q about using an IUL to accumulate a down payment.
I probably would generally advise against it... but not because of any internal terms of an IUL. I would advise against 'saving up' any more than the bare minimum [more]

Mon Jul 7

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 1:15 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi AJ,

Fees are a loss to me. Sorry, but it's money out of the account. The balance goes down. When I calculate my personal rate of return it's a loss.
I understand, and I don't fault you. Your remaining choices are;
1. [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 1:29 AM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi Syke,

Dave, I believe you once said the initial fees of a IUL can be in the "teens or higher."
No, that isn't accurate, and not something that would have come from me.

Next, there is (at least [more]

Sun Jul 6

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 11:33 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi AJ,

Umm.....I would say that it depends on your definition of 'safety.' You gave a definition that not even the IUL can meet - not having the principal (account balance) decrease, EVER. And you still haven't answered that. (And I'm [more]

NL

Boards Post

Dwdonhoff replied to the Buying or Selling a Home board. 9:05 PM

Re: Two Unorthodox Ways to Pay Off a Mortgage Ea

Hi Ray,

Really, Dave?
Yeppers.

How about some others:
Why? If you can't do better than an IUL on simply those 3 easy hurdles, adding more ain't gonna help.
IULs outperform everything of [more]

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Big gold star, 5000 posts Top Favorite Fools Old School Fool
Board Posts 16451
Recs Received 45330
People who have rec'd these posts 3238
Recs to Posts Ratio (last 30 days) 3.70
Threads Started 2914
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Most Frequent Board Buying or Selling a Home
Very First Post Re: Does Money go "POOF"? (2/22/2001)
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