Search found 370 matches

by Chicago60
Fri Jun 01, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: AADvantage Aviator RedWorld Elite MC
Replies: 8
Views: 564

Re: AADvantage Aviator RedWorld Elite MC

50K is the best deal going right now. In my experience, Barclays HAS become much stingier recently. I have the Aviator and JetBlue, but Barclays rejected mu business application for the business Aviator due to too many cards obtained recently.
by Chicago60
Sun May 27, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: looking for lowest cruise ship price site
Replies: 11
Views: 1564

Re: looking for lowest cruise ship price site

I have not used cruisecompete (www.cruisecompete.com) in awhile, but when I last did maybe 10 years ago, the rates I received were significantly better than any other website I tried. I also like this site for last minute cruise opportunities: https://www.vacationstogo.com/
by Chicago60
Thu May 24, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody had CD with Columbia Bank, NJ
Replies: 12
Views: 821

Re: Anybody had CD with Columbia Bank, NJ

No experience at all, but, I assume you noticed that depositaccounts.com has 12 reviews.....
by Chicago60
Wed May 23, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: IRS working on SALT deduction with more to come
Replies: 2
Views: 1056

Re: IRS working on SALT deduction with more to come

Thanks for posting. Are you aware of whether any state has passed legislation attempting to circumvent the federal legislation's intent? I read about certain high income tax states making noise early in the year, but have not seen any actual legislation passed. Yet.
by Chicago60
Wed May 23, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Car wreck insurance settlement
Replies: 19
Views: 1585

Re: Car wreck insurance settlement

Hire a personal injury, not just any type of, lawyer in your area. Get referrals from local bar associations and/or friends and/or other local lawyers.
by Chicago60
Tue May 22, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: Is HFXIX (Catalyst Hedged Futures Strategy Fund) a good idea for long-term, low-risk capital preservation?
Replies: 8
Views: 467

Re: Is HFXIX (Catalyst Hedged Futures Strategy Fund) a good idea for long-term, low-risk capital preservation?

What possible reason did you have to consider investing in this Hedge Fund Strategy, whose expense ratios and performance over the last 5 years have been awful?
by Chicago60
Tue May 22, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Predicting income from investment
Replies: 13
Views: 1035

Re: Predicting income from investment

Can one assume an 8% return on VTSAX based on past performance? The answer to your question is yes. Based on the performance of VTSAX for the last 5 years, you can assume it will beat 8% because it, in fact, did. Whether that assumption is reasonable or not for the next 5 years, I leave to your goo...
by Chicago60
Tue May 22, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA contributions during semi-retirement?
Replies: 14
Views: 755

Re: Roth IRA contributions during semi-retirement?

My IRA is too large, and income too high in semi-retirement to do so. But, I do contribute to my individual 401K and Roth 401K. Additionally, my spouse will convert the balance of her IRA to her Roth soon, and then she will contribute to her Roth IRA by partaking in a backdoor Roth.
by Chicago60
Tue May 22, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Babymoon - Hawaii Recommendations/Expected Costs
Replies: 27
Views: 1847

Re: Babymoon - Hawaii Recommendations/Expected Costs

Without greater detail, the question is really broad and difficult to answer. Are you flying from the west coast, where flights to Hawaii will be significantly cheaper than from the east coast, for example. Do you want to stay at a Four Seasons? An Airbnb? For simply chilling on the beach and not mo...
by Chicago60
Wed May 16, 2018 11:22 pm
Forum: Personal Consumer Issues
Topic: Rental car from MDW
Replies: 4
Views: 462

Re: Rental car from MDW

Uber is fine at Midway. I doubt you’ll hit surge pricing then. Headed to downtown? If so....no need for a rental car.
by Chicago60
Wed May 16, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Cash Back or Points? Spending Strategy
Replies: 5
Views: 1026

Re: 2.5% Cash Back or Points? Spending Strategy

If you use the Amex Plat, you are basically getting 5% back, no? 5 points per dollar spent when purchasing airline tickets directly through airline or Amex website.....assuming you calculate an AmEx point is 1 cent, which I think most travel blogs say is the very low end of calculations.
by Chicago60
Wed May 16, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: TD Bank account credit today from Penny Arcade Class Action. www.PennyArcadeSettlement.com
Replies: 11
Views: 1447

Re: TD Bank account credit today from Penny Arcade Class Action. www.PennyArcadeSettlement.com

Wow! In reading one link from OP's original link, the under-recording of the value of the coins deposited was as high as 15% according to a survey conducted! :shock: Something of that magnitude should have been very evident to the bank, I would think. In the survey (I assume) you are referring to, ...
by Chicago60
Mon May 14, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Did you go 100% Cash-FDIC in 529 at HS graduation or before?
Replies: 13
Views: 1153

Re: Did you go 100% Cash-FDIC in 529 at HS graduation or before?

Nope. Kept all 3 kids' 529 plans 100% stock throughout high school, and all of college. I considered their 529 accounts part of my equity allocation, and would have paid the balance of college outside the 529 if need be.
by Chicago60
Sun May 13, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4937

Re: College laptop for fall 2018 freshman

JoeRetire's advice is spot on.
by Chicago60
Sat May 12, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: New Digital Advisor for $20/month - Worth it ?
Replies: 11
Views: 1467

Re: New Digital Advisor for $20/month - Worth it ?

I did not look at the link, but based on your description, it looks to me like a waste of $20/month, other than that first month, of course.
by Chicago60
Sat May 12, 2018 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24222

Re: Lucrative careers?

Some lucrative jobs require that you be really smart, like medicine, law, CPA, etc. Are you really smart and dedicated so that you will do extremely well when you return to school, and are you prepared to go to graduate school? Some lucrative jobs require that you are extremely gifted. Are you? Can ...
by Chicago60
Sat May 12, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: How to find reputable person for Will/Trust?
Replies: 41
Views: 3181

Re: How to find reputable person for Will/Trust?

Contact your local bar association and ask for a referral. Interview 3-4 of them and pick. Also, see what local attorneys write for law reviews and other publications locals on the subjects of will drafting and estate planning and you will likely find competent attorneys with experience in this area...
by Chicago60
Sat May 12, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 4835

Re: Anything wrong with too many lots?

Are you incurring any costs on each purchase?
by Chicago60
Fri May 11, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: Dealer sold me a Certified Vehicle invloved in a prior collision
Replies: 23
Views: 2900

Re: Dealer sold me a Certified Vehicle invloved in a prior collision

The tort would be fraud. Representing the vehicle as "clean", which would suggest to this purchaser that there had been no material damage to the car. Maybe the OP asked about prior damage and was told there was none. In addition to common law fraud, as noted above, there may have been a violation o...
by Chicago60
Fri May 11, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Dealer sold me a Certified Vehicle invloved in a prior collision
Replies: 23
Views: 2900

Re: Dealer sold me a Certified Vehicle invloved in a prior collision

If the dealer misrepresented the history of the car, you likely have a valid claim under your State's consumer fraud protection statute. Your State may also have a specific statute addressed to car dealers. You may want to consider finding a consumer attorney in your area.
by Chicago60
Fri May 11, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: How To Handle Auto Accident Insurance Company Letter
Replies: 16
Views: 2207

Re: How To Handle Auto Accident Insurance Company Letter

Thank you all for the valuable information. My DW is better; she sustained some injuries and she is better physically but not normal;. Mentally she is still suffering and is not willing to drive yet. She seems to have some memory loss and will take a cognitive test at a Neurologist that has already...
by Chicago60
Fri May 11, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Beyond 401k, IRA, 529, mortgage
Replies: 22
Views: 1106

Re: Beyond 401k, IRA, 529, mortgage

Invest $12,500 every month in SPY or Total Stock Market Index Fund.
by Chicago60
Fri May 11, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 241
Views: 31747

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

... I fear it will not last through our anniversary date in November. I am going to ride this horse 'till it drops. So will we---kind of. We generally see 40-50 movies a year in the theater, and frankly we have not watched any more simply because we have MoviePass. I wondered if our viewing pattern...
by Chicago60
Fri May 11, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: How Much may I contribute as a Sole Proprietor to my solo 401K?
Replies: 13
Views: 1079

Re: How Much may I contribute as a Sole Proprietor to my solo 401K?

Last question on this issue, I promise: Assume MFJ and taxable income is under $315,000. With the passage of the tax law late 2017, owners of pass-through businesses can take a 20 percent deduction for qualified business income they receive from the entity. Under my hypothetical above, have you see...
by Chicago60
Fri May 11, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor ROTH for 1 Year Only? Worth It?
Replies: 12
Views: 687

Re: Backdoor ROTH for 1 Year Only? Worth It?

Seems very much worth it to me. Why not transfer funds that are earning income (or capital gains or dividends) in an after tax account to one that will earn the same income, all completely not taxable.....for the next 40-50 years?
by Chicago60
Fri May 11, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: How Much may I contribute as a Sole Proprietor to my solo 401K?
Replies: 13
Views: 1079

Re: How Much may I contribute as a Sole Proprietor to my solo 401K?

^^^ This is a good plan. Last question on this issue, I promise: Assume MFJ and taxable income is under $315,000. With the passage of the tax law late 2017, owners of pass-through businesses can take a 20 percent deduction for qualified business income they receive from the entity. Under my hypothe...
by Chicago60
Fri May 11, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: How Much may I contribute as a Sole Proprietor to my solo 401K?
Replies: 13
Views: 1079

Re: How Much may I contribute as a Sole Proprietor to my solo 401K?

If one was doing a pre-tax 401k, and the choice was to put into the 401k or take the health insurance deduction, which makes more sense? Do not make the 401k contribution and take the self-employed health insurance deduction. If I understand the question, you are asking: if you have not generated e...
by Chicago60
Thu May 10, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Amazon package that can't be traced
Replies: 72
Views: 4099

Re: Amazon package that can't be traced

It was a surprise gift, and you are welcome. To prove that you are authorized to respond with "you are welcome," please name the items. Victoria My reply was a joke. Now that I have read the article nisiprius linked, I am speechless. I assumed they were gifts from someone you had not seen in awhile...
by Chicago60
Thu May 10, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Amazon package that can't be traced
Replies: 72
Views: 4099

Re: Amazon package that can't be traced

I have received an Amazon package that I had not ordered. It contains two items, one of which is a rather personal clothing item that is several sizes different from my size, and the other one is nice but I don't have use for. There is no invoice in the package. The package does not show in my Amaz...
by Chicago60
Thu May 10, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: How Much may I contribute as a Sole Proprietor to my solo 401K?
Replies: 13
Views: 1079

Re: How Much may I contribute as a Sole Proprietor to my solo 401K?

If you do not have W-2 employment. From Schedule SE, your SE tax = $40,000 from Schedule C Line 31 * 0.9235 = $36,940 * 0.153 = $5,652. 1/2 SE tax = $2,826. If you have W-2 employment, your SE tax and thus 1/2 SE tax may be less. Net self-employment earnings = $40,000 Form 1040 Line 12 - $2,826 Lin...
by Chicago60
Thu May 10, 2018 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Move all funds to Vanguard?
Replies: 29
Views: 2555

Re: Move all funds to Vanguard?

If you are comfortable making the investment decisions on your own, then pull the trigger. I have accounts at Schwab, TD Ameritrade, Fidelity, ETrade, and Vanguard. There are fairly minor benefits to each and they are all fairly comparable in their own way. At some point I likely will consolidate, b...
by Chicago60
Thu May 10, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Your favorite Florida beach??
Replies: 52
Views: 5136

Re: Your favorite Florida beach??

Marco Island
by Chicago60
Thu May 10, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: How to remove garden hose nozzle that is stuck on a hose
Replies: 40
Views: 3603

Re: How to remove garden hose nozzle that is stuck on a hose

Limoncello402 wrote:
Wed May 09, 2018 3:53 pm

I tossed the hose and will get a new one. Not worth my time to rebuild.
This seemed like the obvious solution to me, but not nearly as satisfying as others' suggestions.
by Chicago60
Thu May 10, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Geico condo insurance (Homesite)
Replies: 7
Views: 738

Re: Geico condo insurance (Homesite)

We just switched to Geico for our condo insurance since we switched to Geico a couple months ago for auto and homeowners insurance. The premium was significantly less than we had been paying, but no experience yet with claims or service.
by Chicago60
Thu May 10, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 241
Views: 31747

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

Shares of MoviePass' parent company, Helios & Matheson Analytics (HMNY), crashed more than 30% Tuesday after it released updated financials that paint a dire picture for the subscription cinema service. https://www.yahoo.com/finance/news/owner-moviepass-crashing-saying-burns-171200909.html - Thanks...
by Chicago60
Thu May 10, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: How Much may I contribute as a Sole Proprietor to my solo 401K?
Replies: 13
Views: 1079

How Much may I contribute as a Sole Proprietor to my solo 401K?

In 2018, over the age of 50, I am a sole proprietor with no employees. Let's say in 2018 I have $45,000 of revenue and $5,000 of business expenses I list on my 1040 Schedule C. My Schedule C income, which I will place on line 12 of my 1040, will be $40,000. I also have $22,000 of health insurance pr...
by Chicago60
Wed May 09, 2018 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling Lost Trying to Set Up i401K With TDA
Replies: 11
Views: 830

Re: Feeling Lost Trying to Set Up i401K With TDA

Wow. We have joint accounts at TD Ameritrade, Fidelity, Schwab, and Vanguard. I opened my individual 401K plus a Roth 401K at Vanguard and it was quite easy and free.
by Chicago60
Wed May 09, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 84
Views: 11955

Re: I ran out of credit card signups bonus...

You should check the offer to see if it has this language (almost all offers do): " American Airlines AAdvantage® bonus miles are not available if you have had any Citi® / AAdvantage® card (other than a CitiBusiness® / AAdvantage® card) opened or closed in the past 24 months"
by Chicago60
Wed May 09, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: Hawaii vacation suggestions
Replies: 40
Views: 4720

Re: Hawaii vacation suggestions

The most beautiful place on Earth I have seen (to date) is at the top of Mauna Kea on the Big Island. You feel like you are on top of the world, and I'd highly recommend it. We took a tour at night with Hawaii Forest and Trail and they were great.
by Chicago60
Thu May 03, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Moving downtown Chicago. Should I sell my car?
Replies: 41
Views: 2686

Re: Moving downtown Chicago. Should I sell my car?

As you noted, it makes no sense to have a car while living and working downtown. I also would sell the car. Two years is a long time to continue paying insurance, and having family members drive the car occasionally to keep it working, and you already have somewhat high miles on the car already. In ...
by Chicago60
Wed May 02, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 14088

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

I respectfully prefer my approach to yours. Respectfully, read the thread for my posts and approach. I was just trying to help you avoid a larger cost than necessary. My approach if there is a fee is to do nothing right now. Then next year when filing your tax return, simply pay the 6% excise tax (...
by Chicago60
Wed May 02, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: I-bond fixed rate = 0.3%
Replies: 62
Views: 7390

Re: I-bond fixed rate = 0.3%

You could by savings bonds with credit cards from Nov. 1999 until Dec. 2003. To expound on what I said; from November 1999 - April 2000, it was extremely painful I started buying by credit card and maxing out annual purchases of I-Bonds in January 2000 through 2003, and have no memory of ever havin...
by Chicago60
Wed May 02, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Do you sell or donate unused items?
Replies: 46
Views: 2808

Re: Do you sell or donate unused items?

Anything we think can be used by another, we donate. All else gets trashed. We do not re-sell.
by Chicago60
Sat Apr 28, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Best Breweries - Chicago
Replies: 11
Views: 833

Re: Best Breweries - Chicago

As my name suggests, I am in Chicago. I do not think you sound obnoxious at all, as I have no idea what "Tree House, Alchemist, Trillium, etc." are, but I assume they are perceived elite breweries somewhere on the east coast. I Googled "best breweries in Chicago" and, not to sound obnoxious about i...
by Chicago60
Thu Apr 26, 2018 3:04 pm
Forum: Personal Consumer Issues
Topic: Best Breweries - Chicago
Replies: 11
Views: 833

Re: Best Breweries - Chicago

As my name suggests, I am in Chicago. I do not think you sound obnoxious at all, as I have no idea what "Tree House, Alchemist, Trillium, etc." are, but I assume they are perceived elite breweries somewhere on the east coast. I Googled "best breweries in Chicago" and, not to sound obnoxious about it...
by Chicago60
Tue Apr 24, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Smart or Stupid? Paying taxes with credit card to satisfy minimum spending requirements.
Replies: 28
Views: 2766

Re: Smart or Stupid? Paying taxes with credit card to satisfy minimum spending requirements.

The answer to your question is it depends on whether you can otherwise meet the minimum spending elsewhere to get the bonus. The delta for profiting on getting the bonus is too small if you have to pay a fee for charging the card for income tax payments, but if you have no choice, then you have no c...
by Chicago60
Sat Apr 21, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: Visiting Chicago - Foodie suggestions?
Replies: 28
Views: 1783

Re: Visiting Chicago - Foodie suggestions?

All of the above suggestions are very good, except the deep dish pizza recommendations, or lack thereof: Lou Malnati’s is excellent, but the best deep dish pizza in Chicago is Gino’s East. Do NOT visit Giordano’s pizza. Mediocre at best.
by Chicago60
Fri Apr 20, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: How much off MSRP should one expect?
Replies: 23
Views: 2228

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: 23
Views: 2228

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.