Search found 322 matches

by Chicago60
Fri Apr 20, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: How much off MSRP should one expect?
Replies: 15
Views: 749

Re: How much off MSRP should one expect?

MSRP is irrelevant. Negotiate down from Invoice +$200. How do you find the invoice price? Google it. Again, TrueCar, or Edmunds, or any number of sites. They all have the invoice price. But the invoice price isn't really what the dealer pays either - some cars can be had for less than invoice (and ...
by Chicago60
Fri Apr 20, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: How much off MSRP should one expect?
Replies: 15
Views: 749

Re: How much off MSRP should one expect?

Hulk wrote:
Fri Apr 20, 2018 1:56 pm
Vulcan wrote:
Fri Apr 20, 2018 1:46 pm
MSRP is irrelevant. Negotiate down from Invoice +$200.
How do you find the invoice price?
Google it.
by Chicago60
Fri Apr 20, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 34
Views: 3956

Re: Anyone invest in I Bonds and why?

Amphian wrote:
Fri Apr 20, 2018 11:29 am
Chicago60 wrote:
Fri Apr 20, 2018 10:42 am
Spouse and I purchased by credit cards the maximum
Where can I buy I Bonds with a credit card? Or was that the Savings Bonds Direct that was discontinued?
Discontinued many years ago.
by Chicago60
Fri Apr 20, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 34
Views: 3956

Re: Anyone invest in I Bonds and why?

Spouse and I purchased by credit cards the maximum (actually more than the max) each year for several years starting in 2000 due to (1) the perceived value at the time, (2) the ability to buy at the end of the month and be deemed to have purchased on the first of the month, (3) being able to earn po...
by Chicago60
Fri Apr 20, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 25833

Re: MoviePass-Too good to be true, but it's legit.

If you join now, you will be limited to 4 movies per month, according to Dr. of Credit. I believe I read: (1) this is temporary, for a few months, during its marketing agreement with iHeart Radio for 3 free months of that service, and will revert back to the old system of unlimited movies; and (2) ...
by Chicago60
Fri Apr 20, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 25833

Re: MoviePass-Too good to be true, but it's legit.

If you join now, you will be limited to 4 movies per month, according to Dr. of Credit. I believe I read: (1) this is temporary, for a few months, during its marketing agreement with iHeart Radio for 3 free months of that service, and will revert back to the old system of unlimited movies; and (2) ...
by Chicago60
Thu Apr 19, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 49
Views: 3179

Re: Good Dad, Bad Dad

I do not think it is a question of being miserly at all. How far is the University from home? I think a freshman having a car on campus can be a distraction and hindrance. If he NEEDS a car for work while in school, or to get to/from home, or because he has to live off campus, then I would consider ...
by Chicago60
Mon Apr 16, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Class Action suit against DDD?
Replies: 13
Views: 1975

Re: Class Action suit against DDD?

I got something like this when DELL got busted for cooking their books. I filled it out but never heard back from the lawyers. You can check the status of the case online. I assume the Notice included the website. It may be that the settlement was not finally approved by the federal court, or you d...
by Chicago60
Sat Apr 14, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: What percentage of you 2017 income can you account for?
Replies: 49
Views: 3196

Re: What percentage of you 2017 income can you account for?

I simply look at my checkbooks and credit card statements. If I wanted to, I could reply on the credit card statements' annual report which allocates expenses based on different categories of their choosing.
by Chicago60
Sat Apr 14, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Class Action suit against DDD?
Replies: 13
Views: 1975

Re: Class Action suit against DDD?

You won't know how much you receive unless you complete the claim form in a timely manner and send it in, but the class notice provides the settlement is for $50 million, if approved by the federal judge. Your share of the recovery likely depends on the number of people who submit valid and complet...
by Chicago60
Fri Apr 13, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you buy muni and i-bond funds?
Replies: 8
Views: 393

Re: Where do you buy muni and i-bond funds?

I get my I-bonds from the treasurydirect website, and my muni funds from Vanguard.
by Chicago60
Fri Apr 13, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Termination of transfers from SPG and Marriott to airlines?
Replies: 89
Views: 4137

Re: Termination of transfers from SPG and Marriott to airlines?

I don't believe that transfers will be eliminated without notice. I'm sure that Mariott would face lots of lawsuits and negative publicity if it did that. I agree completely. However, those lawsuits, though likely to be filed if no notice is given, might be unsuccessful. I assume Marriott's terms a...
by Chicago60
Fri Apr 13, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5600

Re: Could you support family on 1 income?

We have survived on one income for 30 years, and raised 3 kids, all of whom have graduated from college and moved on with their lives.
by Chicago60
Fri Apr 13, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: 1040 goes into the ether. what now?
Replies: 21
Views: 1619

Re: 1040 goes into the ether. what now?

I have submitted by US mail my tax returns by hand for 42 years, without a problem.In light of your experience, I'd be inclined to FedEx the copies of the return.
by Chicago60
Fri Apr 13, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Termination of transfers from SPG and Marriott to airlines?
Replies: 89
Views: 4137

Re: Termination of transfers from SPG and Marriott to airlines?

I have seen no reliable source that the airline transfer will be eliminated without notice. I plan on holding on to my Marriott and SPG miles....for now.
by Chicago60
Fri Apr 13, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Class Action suit against DDD?
Replies: 13
Views: 1975

Re: Class Action suit against DDD?

You won't know how much you receive unless you complete the claim form in a timely manner and send it in, but the class notice provides the settlement is for $50 million, if approved by the federal judge. Your share of the recovery likely depends on the number of people who submit valid and complete...
by Chicago60
Wed Apr 11, 2018 7:03 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 84
Views: 13243

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

livesoft wrote:
Wed Apr 11, 2018 6:27 am
Read this series of articles about how to invest, retire very early, and withdraw your money over 60 years:
https://earlyretirementnow.com/2016/12/ ... t-1-intro/
Great resource. Thanks for posting.
by Chicago60
Sat Apr 07, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Where to hold ~500K cash
Replies: 25
Views: 3192

Re: Where to hold ~500K cash

I would look at this site for one year certificates of deposit: https://www.depositaccounts.com/blog/ If you are married filing jointly, you can place 500,000 at one institution and be covered by FDIC, though I would deposit less than that since your interest earned that exceeds 500,000 would not be...
by Chicago60
Sat Apr 07, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 25833

Re: MoviePass-Too good to be true, but it's legit.

PSA: Back a few months, Moviepass' negotiations with AMC affected its users in a handful of theaters: Moviepass pulled out of 10 theaters across the country, including RiverEast in Chicago. A minor inconvenience for me and other users. Apparently, for now, the dispute has been resolved at AMC RiverE...
by Chicago60
Fri Apr 06, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018
Replies: 105
Views: 11008

Re: HSA family max contribution lowered to $6850 for 2018

I completed the form I printed online from 5th 3d Bank, mailed it, and the overfunding of $50 was deposited in my checking account promptly, without a fee. Maybe took me 5 minutes time in total.
by Chicago60
Fri Apr 06, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: What should I sell?
Replies: 19
Views: 2168

Re: What should I sell?

That depends on your 2018 tax bracket, and whether you are Tax GAIN harvesting. And, as pointed out above, your reasons for purchasing each investment initially.
by Chicago60
Thu Apr 05, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses Schwab and what are the up and downsides?
Replies: 41
Views: 2701

Re: Who uses Schwab and what are the up and downsides?

I have had Schwab for many years, and also have accounts elsewhere. My biggest, maybe only, gripe is this: Schwab is ALWAYS late and last with 1098 issuance, and often sends revised 1098s after I have already prepared my taxes.
by Chicago60
Thu Apr 05, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 24
Views: 3108

Re: $6.55 Northrup Grumman 401k class action settlement

Settlements of tort claims generally aren't taxable because of the notion that they are just making you whole, not making you new income. (ETA: it's more complex than just this simple statement, but good enough for this discussion) This seems different because it is making your 401k whole, so it sh...
by Chicago60
Tue Apr 03, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 24
Views: 3108

Re: $6.55 Northrup Grumman 401k class action settlement

The lawyers always get millions of dollars in payment... It isn't like they are altruistic public defenders or volunteers. (emphasis mine) This is flatly untrue. First, the lawyers took the case on a contingency basis. If they were unsuccessful, they received nothing, and likely incurred on average...
by Chicago60
Sun Apr 01, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 5231

Re: Should I loan my child money for college?

What have you and your child discussed in the last 18 years as to your responsibility to pay for or contribute to the child's college education, and what is your child's reasonable expectation given the discussions you no doubt have had? What changes in your financial circumstances, if any, have dev...
by Chicago60
Sun Apr 01, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 24
Views: 3108

Re: $6.55 Northrup Grumman 401k class action settlement

The Class Action Administrator likely had all of your information so your time to complete the form in this instance was minimal. Accordingly, it probably took you less than 5 minutes to complete the claim form. I suspect you can figure out the hourly rate for your time, but you've concluded it was ...
by Chicago60
Fri Mar 23, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?
Replies: 89
Views: 8108

Re: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?

Was it a discretionary account, where you gave broker authority to buy/sell? Was it a margin account, and was the firm entitled to sell? You already notified the appropriate authorities, and, as noted above, it appears you very likely suffered no losses. Nevertheless, whether you suffered losses or ...
by Chicago60
Sat Mar 10, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 25833

Re: MoviePass-Too good to be true, but it's legit.

In under 3.5 months, we have used MoviePass 16 times. However, we likely will use it sparingly the next few months as the quality of films released after the Oscars do not hold up to the ones released late in the year. Feb-May is always a sucky time to see movies, the quality of films coming out st...
by Chicago60
Fri Mar 09, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: I need to sell some stock now for a looming expense, right?
Replies: 28
Views: 2895

Re: I need to sell some stock now for a looming expense, right?

Have you considered, and determined what State tax deductions you may receive, placing some of the funds now into a 529 plan?
by Chicago60
Fri Mar 09, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 25833

Re: MoviePass-Too good to be true, but it's legit.

In under 3.5 months, we have used MoviePass 16 times. However, we likely will use it sparingly the next few months as the quality of films released after the Oscars do not hold up to the ones released late in the year.
by Chicago60
Fri Mar 09, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Young Lawyer in Big Law -- NYC or SF?
Replies: 13
Views: 1599

Re: Young Lawyer in Big Law -- NYC or SF?

Sometimes firm politics favors one office over another. This probably matters less with SF and NY, but is one the main office and the other an offshoot? If he worked there already SIL probably has some idea who the more influential partners are, which office are they in? Does one office get more or...
by Chicago60
Wed Mar 07, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018
Replies: 105
Views: 11008

Re: HSA family max contribution lowered to $6850 for 2018

"Easier?" You might think, but I do not think so. The account is overfunded by $50, period. I believe I am required to withdraw that amount. If I called and was told there was a fee associated with the withdrawal, I would still have to complete the paperwork, and arguably consent to the fee. Under m...
by Chicago60
Wed Mar 07, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018
Replies: 105
Views: 11008

Re: HSA family max contribution lowered to $6850 for 2018

Thanks for posting this information. I already made the 2018 family (55+) contribution of $7,900 in January. I called Fifth Third Bank, my HSA provider, and was directed to a form available online for over contribution correction. I just printed the form, completed it, and will mail it tomorrow. Th...
by Chicago60
Wed Mar 07, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018
Replies: 105
Views: 11008

Re: HSA family max contribution lowered to $6850 for 2018

Thanks for posting this information. I already made the 2018 family (55+) contribution of $7,900 in January. I called Fifth Third Bank, my HSA provider, and was directed to a form available online for over contribution correction. I just printed the form, completed it, and will mail it tomorrow. The...
by Chicago60
Sat Feb 03, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 3035

Re: Best Movies of 2017

I also want to see "120 beats per minute". I don't think it played at any local theater, and it seems not to be available on disc either. Amazon has it on streaming, but as a French HIV+ person, I want to own a copy of this movie, not stream it. Looks like Amazon.fr has it, but no english subtitles...
by Chicago60
Sat Feb 03, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 3035

Re: Best Movies of 2017

bobcat2 wrote:
Sat Feb 03, 2018 9:37 am
None of the following movies would make my top ten but they were all worth seeing.

Marshall (perhaps this would make my top ten list.)

BobK
Thanks for the reminder about Marshall. We saw that one too and I liked it a lot, though still does not make my top 10.
by Chicago60
Fri Feb 02, 2018 6:47 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 3035

Re: Best Movies of 2017

My Top 10 for 2017: 1) Three Billboards 2) LadyBird 3) The Florida Project 4) Call Me By Your Name 5) Dunkirk 6) The Shape of Water 7) Get Out 8) The Post 9) The Big Sick 10) Darkest Hour Also worth seeing: Coco Beauty and the Beast Baby Driver Detroit Star Wars Phantom Thread 120 Beats Per Minute M...
by Chicago60
Mon Jan 15, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Predict round number for a major index? Who cares? Predict Livesoft 60,000 instead.
Replies: 3
Views: 524

Predict round number for a major index? Who cares? Predict Livesoft 60,000 instead.

I am simply incapable of predicting when or how the Dow might hit 30,000 or the S&P 3000. But, I have figured out to the day and time, Central time of course, when Livesoft posts his/her 60,000th post. March 6, 2018 at 7:42am. Post your predictions here, if you dare.
by Chicago60
Wed Jan 10, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Did I need a lawyer after an accident?
Replies: 29
Views: 2724

Re: Did I need a lawyer after an accident?

Lawyer here. The problem with lots of these posts is that laws differ, often greatly, from state to state. So giving advice like "do a depreciated value claim", or "the DUI guy's insurance should pay" is useless, if not dangerous, unless it applies to the claimant's state. Hey, do what you want. It...
by Chicago60
Wed Jan 10, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Letter from Social Security re Fraudulent Claim
Replies: 55
Views: 5659

Re: Letter from Social Security re Fraudulent Claim

If it's fake, I can't imagine what a scammer is hoping to accomplish. IMO, it's a clever screening process. The scammer can probably accomplish practically anything they want on anyone foolish enough to fall for this and show up. JW But, the letter asks OP to show up at the correct address for SS, ...
by Chicago60
Thu Jan 04, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: IL Law - settling an estate with missing heirs
Replies: 11
Views: 942

Re: IL Law - settling an estate with missing heirs

You may want to contact the Illinois Bar Association or Chicago Bar Association and ask for a referral for an estates lawyer who likely can answer the question for you at minimal expense. Your library, assuming you do not want to purchase, might have access to this: https://www.iicle.com/estate-admi...
by Chicago60
Tue Jan 02, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Can I do anything with an old, expired securties class action settlement check?
Replies: 9
Views: 890

Re: Can I do anything with an old, expired securties class action settlement check?

There is a substantial likelihood that the funds are no longer available. In most settlements, once a reasonable period of time after checks have been issued has elapsed, class counsel will go back to court and get the court's approval to do something with the funds that never cleared--depending on ...
by Chicago60
Sun Dec 31, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 76
Views: 6512

Re: My dad's army jacket

As a disabled veteran, the son of a late veteran and the brother of two late veterans, I would be honored for you to wear your father's uniform. Sometimes, honor is about more than following the rules. I am going to invoke the law of competing harms respect . Sometimes the respect shown to one's fa...
by Chicago60
Fri Dec 29, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 711
Views: 36761

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

I am clearly and consistently bad at predicting the market compared to other Bogleheads. In 2017, I came in 562 out of 647. 86.8% beat me. In 2016, I came in 571 out of 610. 93.6% beat me. And, in 2015, I came in 491/552. 88.9% beat me. Thankfully, I just stay the course based on my desired asset al...
by Chicago60
Fri Dec 29, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 8114

Re: Do any of you follow Bob Brinker?

I followed his radio show for many years although not so much in recent years. I even subscribed to his newsletter for a couple of years but did not follow his recommendations. I think the title of his newsletter, Market-timer, is a bit misleading since it appeared to me that his portfolio changes ...
by Chicago60
Fri Dec 29, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 25833

Re: MoviePass-Too good to be true, but it's legit.

We purchased two passes last month. No glitches, yet. We probably see 40-50 movies/year in the theaters, so this is a no brainer for us, particularly this time of year.
by Chicago60
Thu Dec 28, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for conversion of $1.8 million IRA
Replies: 80
Views: 11059

Re: Strategy for conversion of $1.8 million IRA

- I am 61 years old, and just retired. My wife is 47. She is not employed, but has a side business as a tutor. I am starting a consulting practice. Our net income from these businesses will be within our control and will be between $ 25000-$50000 per year. It looks to me like you aren't retired. Ma...
by Chicago60
Thu Dec 28, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Being bought out of family business(C corp) - need help
Replies: 11
Views: 1002

Re: Being bought out of family business(C corp) - need help

If the family business has a value to her that is material, either in total dollar terms or as a percentage of her net worth, even though she cannot quantify a precise amount now, she should contact an attorney and have the attorney communicate (requesting documents and negotiating terms) directly w...
by Chicago60
Wed Dec 20, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 140
Views: 10193

Re: Pass Through Entities Questions Thread

I believe lawyers and other specified professionals are excluded from the pass through entities eligible for this provision. I *think* that only applies above the threshold ($315,000 married, filing jointly). I "think" you are correct: http://www.abajournal.com/news/article/consensus_tax_bill_inclu...