Jon Dulin

About Jon Dulin

Hi, my name is Jon and I run Compounding Pennies. I've been interested in personal finance since high school and have both my undergraduate and masters degree's in finance. I also have a Certificate in Financial Planning and am licensed by FINRA. I've spent over 15 years in the financial services industry helping people with their finances. You can learn more about me in my About page.


  1. AvatarStephen says

    It doesn’t make sense to invest in bonds that have an interest rate lower than your mortgage. At a mortgage rate of 3.75, I doubt youre finding any bonds to put cash. Would go 100percent stocks until bond rate increase s.

    • Jon DulinJon Dulin says

      I am not looking higher paying bonds than my mortgage. My money is split 60/40 which offers me an average annual return of 7%. Additionally, while my mortgage is 3.75%, after taking into account the tax write off I get, the effective rate I am paying is closer to 2.8%. I feel confident that my plan will work out in the end.

  2. AvatarStephen says

    I think you’re missing the point. Every dollar you put into a bond at a rate lower than your mortgage is earning less than it could by paying down your mortgage. Instead of putting the 40% cash into bonds, you’d be better off taking that cash and paying down your principle then the remainder in stocks.

    • Jon DulinJon Dulin says

      I agree. But by using my strategy, I keep my cash liquid. So if something comes up, I have cash on hand. If I just throw it all at my mortgage, the money is tied up in the house. The only way I can access the equity is to take out a new loan or line of credit.

      If the ultimate goal is to get rid of the mortgage as fast as possible, it is smart to throw everything at it. But I am looking at it from a different perspective.