Frugal Professor

So you want to be a millionaire?   Introduction I know quite a few people who are older and broke. Given the extremely favorable market returns over the past many decades, I find myself having little sympathy for such individuals. The purpose of this blog post is to see whether my lack of sympathy is … Read more

A few weeks back I indicated that it was a good time to refinance because: Rates are historically low, and For refi’s funded on/after December 1, there will be a 0.5% one-time surcharge to refinance which will make refinancing less appealing from that arbitrary date.   Here’s what I ended up doing. I think it … Read more

My senator was among the unmasked buffoons at the September 26 White House super spreader event. Below is the email I sent him. Senator XXXX, I have a good deal of respect for you as a person. I’ve read your book and am generally supportive of your policies. I just read a NYT article in … Read more

I bought our house a little over 4 years ago. At the time of purchase, we got a 15Y loan with a 2.875% interest rate. Given how low the rate was, I didn’t think that refinancing a mortgage refinancing was going to be viable. I was mistaken. There are several great Bogleheads threads on the … Read more