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Category: Ask Matt & Joel

  • Ask Matt & Joel

Ask Matt & Joel: How much should my emergency fund be for a rental property?

  • September 24, 2024
  • Tagged as: budgeting, emergency fund, Real Estate Investing, rental properties, sinking funds

John asked a great question in our HTM Facebook Group forum… “I’ve had a rental property for about 10 months now and slowly socking away 100% of the extra income in a reserve account. How…

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  • Ask Matt & Joel

Ask Matt & Joel: Should additional mortgage payments be included in my savings rate?

  • September 23, 2024
  • Tagged as: debt management, Financial Independence, mortgages, retirement investing, saving money, savings rate

This question from Calvin was posted in our HTM Facebook Group… “Should additional mortgage payments be considered when determining my savings rate?” Matt & Joel’s response: The short answer is yes.  Interestingly enough, many of…

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  • Ask Matt & Joel

Ask Matt & Joel: Should I buy the house I rent from my landlord?

  • September 22, 2024
  • Tagged as: Life Hacking, money gears, Real Estate Investing, rental properties, rentvesting

Today’s question comes from a long time podcast listener, Ethan… “I’m currently renting a house with my fiance in Denver. We love the house and have a great relationship with our landlord… I’m eager to…

1 Reply
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  • Ask Matt & Joel

Ask Matt & Joel: How important is tax loss harvesting and sector investing?

  • September 21, 2024
  • Tagged as: alternative investments, betterment, financial advisor, retirement investing, robo advisors, tax loss harvesting

Today’s question comes via Adi from Michigan… “I recently hired a financial advisory firm to help me manage my funds and finances. After working with them for 4 months, I believe I have the time…

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  • Ask Matt & Joel

Ask Matt & Joel: How can I tap my Roth 401k in order to pay off some credit card debt?

  • September 20, 2024
  • Tagged as: backdoor Roth IRA, retirement investing, Roth 401k, roth ira, saving for retirement, tax advantaged accounts

Today’s question comes from Terry from Jacksonville, Florida… “Got an interesting Roth IRA question for you. I was considering cashing out an old Roth IRA account to clear some small debt from a credit card….

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  • Ask Matt & Joel

Ask Matt & Joel: Should I invest in carbon credits?

  • September 19, 2024
  • Tagged as: alternative investments, index funds, retirement investing, rich vs. wealthy, stock market

Today’s question comes from Justin in Mason, Iowa… “I’ve been learning about carbon credits and the emerging carbon credit space. And to me, it seems like an opportunity for some good returns if I can…

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  • Ask Matt & Joel

Ask Matt & Joel: Should I still invest in my 401k if it has high fees?

  • September 17, 2024
  • Tagged as: 401k, avoiding fees, index funds, retirement investing, roth ira, tax advantaged

Today’s question comes from Stephen in Connecticut… “I have a question about 401ks. I’m working at my first full time job post college. I know there’s a 401k plan that is offered. But there are…

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  • Ask Matt & Joel

Ask Matt & Joel: Should I pay down my mortgage or put that money into home improvements?

  • September 16, 2024
  • Tagged as: buying a home, DIY, investment property, mortgages, personal finance, retirement investing

Here’s a question from Kyra posted in the HTM Facebook Group: “Is it better to pay down the principal of your mortgage or put that money into home improvements? Which would get a better ROI?…

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  • Ask Matt & Joel

Ask Matt & Joel: My $75,000 CD is coming up for renewal. What should I do?

  • September 13, 2024
  • Tagged as: compound interest, HYSA, index funds, interest rates, lump sum investing, saving for retirement

Today’s question comes from Linda from California… “Last year I put $75,000 into a CD for 11 months. The maturity date is coming up and I don’t know what to do. I usually let it…

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  • Ask Matt & Joel

Ask Matt & Joel: Should I keep my condo as a rental property, or sell it?

  • September 12, 2024
  • Tagged as: cash flow, Financial Independence, index funds, interst rates, mortgages, Real Estate Investing

Here’s an awesome question from Bob in New York… “I own a condo and am looking to buy a second home here in the near future. That being said, I would love to keep the…

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