Search found 1111 matches

by DTSC
Wed Feb 22, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement savings: Lots of $, job prospects weak
Replies: 36
Views: 3820

Re: Retirement savings: Lots of $, job prospects weak

You have enough to retire if you live frugally!

Check out Mr. Money Moustache's blog. http://www.mrmoneymustache.com/
by DTSC
Tue Feb 21, 2017 9:00 pm
Forum: Personal Consumer Issues
Topic: How to stop AMEX card offers being mailed to me?
Replies: 11
Views: 923

Re: How to stop AMEX card offers being mailed to me?

If you travel or want to travel, this is a great credit card to get points for airfare. Getting credit card sign up bonuses to redeem for airline and hotel points is known to some as "travel hacking" or "miles and points" hobby. This "hobby" has allowed my family to get...
by DTSC
Tue Feb 21, 2017 12:33 pm
Forum: Personal Consumer Issues
Topic: Garage Floor Covering - Need Advice
Replies: 20
Views: 1176

Re: Garage Floor Covering - Need Advice

I covered our garage floor with an epoxy sealant. It has been six years now, and the floor is still in great shape with no chips, cracks, or peeling. We live in a fairly harsh climate with lots of snow, salt, gravel and road grime. When I spray out the garage once a year, it looks like "new&qu...
by DTSC
Sat Feb 18, 2017 4:27 pm
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1624

Re: Induction cooktop impressions?

One negative is that our electric bill did go up substantially, maybe $30 per month. We switch from the gas range in the oven to electric induction and electric oven. In our region (Chicagoland) gas is definitely cheaper then electricity Interesting. We're starting from a traditional (Calrod resist...
by DTSC
Sat Feb 18, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1624

Re: Induction cooktop impressions?

One negative is that our electric bill did go up substantially, maybe $30 per month. We switch from the gas range in the oven to electric induction and electric oven. In our region (Chicagoland) gas is definitely cheaper then electricity
by DTSC
Sat Feb 18, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1624

Re: Induction cooktop impressions?

TheTimeLord wrote:Really want want. Still trying to convince my DW.


Buy a counter top one and try it out!
by DTSC
Sat Feb 18, 2017 12:34 am
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1624

Re: Induction cooktop impressions?

We have a 4 burner Whirlpool induction range with a double oven and absolutely love it. Very easy clean up with a smooth glass top It is wicked fast; we can boil 2 quarts of tap water in about 2 minutes. If you currently have a gas range, you might need to get an electrician to put in a 220V outlet....
by DTSC
Fri Feb 10, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 14741

Re: Why do you go to restaurants?

I go because I enjoy good food and it's fun!

I also go to eat foods which I don't know how to make (such as ethnic foods) or foods which are too much of a hassle to make at home (such as deep fried foods).
by DTSC
Thu Feb 09, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle overcontributing to Solo 401K?
Replies: 17
Views: 826

Re: How to handle overcontributing to Solo 401K?

For some reason, the system won't let me send a PM - it remains stuck in the outbox. Anyway, the letter they instructed me to write looks something like this: RE: PROFIT SHARING KEOGH ACCOUNT XXXXX Fidelity Investments Attn: Retirement Distributions PO Box 770001 Cincinnati, OH 45277-0035 January 21...
by DTSC
Thu Feb 09, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle overcontributing to Solo 401K?
Replies: 17
Views: 826

Re: How to handle overcontributing to Solo 401K?

I did this same thing. I just called up Fidelity and they helped me through it. Basically, you have to ask them to calculate the excess amount and also the associated losses/gains since you made the contribution. You then have to send them a letter requesting that they made a distribution. The lette...
by DTSC
Sat Feb 04, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401(k) purely to receive rollovers?
Replies: 21
Views: 1503

Re: Solo 401(k) purely to receive rollovers?

I don't know about the legal nuances, but here's what I did: 1. I sold some old stuff on Ebay and made some money (~$100) from it 2. I opened a solo 401K with Fidelity (they actually call it a Keogh plan) 3. I rolled over all of my old IRA's into the plan which Fidelity (but not Vanguard) allows 4. ...
by DTSC
Thu Feb 02, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1206

Re: Computer for elder novice

An iPad is best if you don't want to do tech support

You can attach a Bluetooth keyboard.
by DTSC
Sat Jan 28, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plan for unborn child
Replies: 22
Views: 1701

Re: 529 plan for unborn child

I live in Illinois and I use the Bright Start Savings Plan. It is fine as long as you use the index options. You also get a state tax deduction. Each parent can contribute $10,000 per year, so you get $375 per parent if you contribute the maximum amount. You might have heard bad things about the pre...
by DTSC
Mon Jan 23, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Recommenations for Travel 220 to 110V transformer
Replies: 11
Views: 425

Re: Recommenations for Travel 220 to 110V transformer

I didn't know that iPad chargers work at 220V. This will save me some money! A big thank you to all!
by DTSC
Mon Jan 23, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Recommenations for Travel 220 to 110V transformer
Replies: 11
Views: 425

Recommenations for Travel 220 to 110V transformer

We are planning a trip to Europe (specifically Norway) in March. I would appreciate advice on what type of transformer to buy for the trip. We will use mainly to charge iPad and iPhones. Maybe a laptop. Thanks in advance.
by DTSC
Tue Dec 27, 2016 3:22 pm
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 32
Views: 11143

Re: Amish furniture maker recommendation

Based on my experience shopping for Amish fury, I would disagree. There might be a corporate front dealing with the public ( since the Amish would not have internet) but the hands on work is done by an Amish carpenter. I have spoken to a couple companies iin Illinois who told me straight up that the...
by DTSC
Sat Dec 24, 2016 9:27 am
Forum: Investing - Help with Personal Investments
Topic: 17 years wasted. Want to do it myself now. Advice, please.
Replies: 57
Views: 9152

Re: 17 years wasted. Want to do it myself now. Advice, please.

Writing to give you some encouragement. I was not in a much different situation with financial planners not that long ago. All is not lost! You already did the most important thing, which is SAVING MONEY! You are fortunate to have found this forum. Just follow the advice here and you'll do just fine...
by DTSC
Wed Dec 21, 2016 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 28
Views: 3504

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Absolutely worth it. Nothing better than making money for sitting on my a$$.

I did this earlier this year. After 6 months, I move the $15,000 to Citibank and got another $400.
by DTSC
Wed Dec 21, 2016 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1223

Re: Amex preferred rewards gold card bonus

am wrote:So how much are the 50000 points worth? 500 dollars or 250 dollars for statement credit or more for travel?


It depends on how you redeem them. 1 point = 0.5-1 cent.

See https://www.nerdwallet.com/blog/reward- ... p-rewards/
by DTSC
Tue Dec 20, 2016 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1223

Re: Amex preferred rewards gold card bonus

If you are new to travel hacking, you might want to check out this site. http://millionmilesecrets.com/new-to-miles-points-start-here/ We paid only taxes on the last 30 round trip flights my family has taken. We did not have to pay for the last 30 hotel nights either. Basically, we get 10-15% back i...
by DTSC
Tue Dec 20, 2016 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1223

Re: Amex preferred rewards gold card bonus

You can use the points to pay your Amex bill, or buy gift cards, or book travel. This is a great deal, especially if the first year of annual fee is waived Thanks. There is a 100 dollar airline credit for non ticket items and a 75 dollar hotel credit. Do you know how that works? Also I read that yo...
by DTSC
Tue Dec 20, 2016 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1223

Re: Amex preferred rewards gold card bonus

You can use the points to pay your Amex bill, or buy gift cards, or book travel. This is a great deal, especially if the first year of annual fee is waived
by DTSC
Tue Dec 13, 2016 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Book suggestions for financially clueless mother in law
Replies: 11
Views: 938

Re: Book suggestions for financially clueless mother in law

You can't help someone who doesn't want to be helped. Don't even try. You're wasting your time. A book, any book, would just gather dust.
by DTSC
Sun Dec 11, 2016 3:38 pm
Forum: Personal Consumer Issues
Topic: Recs for blood pressure monitor for home use please
Replies: 13
Views: 1325

Re: Recs for blood pressure monitor for home use please

As a practicing internist, I've always found that machines which check the upper arm rather than the wrist/forearm to give much more accurate and precise results. Just my experience though...
by DTSC
Thu Dec 01, 2016 10:00 pm
Forum: Personal Consumer Issues
Topic: 2 Gifts each under $50
Replies: 23
Views: 3200

Re: 2 Gifts each under $50

123 wrote:Be a little religious - give a Bogleheads Book https://www.amazon.com/Bogleheads-Guide ... bogleheads.


+1!
by DTSC
Sat Nov 26, 2016 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Which Credit card for a large one-time expense?
Replies: 50
Views: 5420

Re: Which Credit card for a large one-time expense?

The question should be: Which credit *CARDS* for a large one-time expense? $8000 should be enough spending to meet the minimum spend on 3, if not 4 (and sometimes up to 8) travel or hotel credit cards. Your bonus points earned can be equal to as much as 25% cash back. Why settle for a piddly 1-2% ca...
by DTSC
Mon Nov 14, 2016 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5259

Re: Age 92 Dad Wants to Boost stocks

The ones you are seeing in the ER are obviously not healthy, so your experience might be biased by that. As you know, a UTI can make the most competent 92 year old completely delirious, even if they are health enough to manage their finances and play 3 rounds of golf per week. Undoubtedly. I also s...
by DTSC
Mon Nov 14, 2016 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5259

Re: Age 92 Dad Wants to Boost stocks

There a very few 92 year olds competent enough to decide on their own asset allocation (Taylor Larimore is one of them obviously.) Make sure your dad is one of them before you let him monkey around with stuff like that. very few 92 year olds Very few? Care to put a number on that? 10%, 20%, 30%, 40...
by DTSC
Sun Oct 30, 2016 7:35 pm
Forum: Personal Consumer Issues
Topic: Printer/Copier recommendation for home use
Replies: 18
Views: 1420

Re: Printer/Copier recommendation for home use

I've had the best luck with Brother machines-----inexpensive to buy, inexpensive cartridges, simple to operate----and when it no longer works, throw it out and buy another. +1 for Brother B&W laser printers. Cartridges generally <$25. Not having to deal with ink jet cartridges is really a luxury.
by DTSC
Fri Oct 21, 2016 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Transitioning from Military
Replies: 21
Views: 2220

Re: Transitioning from Military

Thank you for your service.

You might want to check out this website - blogs by an early retired Navy officer, Doug Nordman

http://the-military-guide.com/
by DTSC
Wed Oct 19, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: Massage Chair
Replies: 8
Views: 961

Re: Massage Chair

I bought this exact one about 6 months ago. I'm using it almost every day. Very happy with it. The price has dropped to as low as $600 with free shipping. I've used $4000 ones before and this one compares well. Certainly the more expensive ones weren't 5 times better. http://www.ebay.com/itm/3909857...
by DTSC
Wed Oct 19, 2016 8:47 am
Forum: Investing - Help with Personal Investments
Topic: New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?
Replies: 15
Views: 2629

Re: New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?

Thank you for your service.

Here's a website by a retired military officer who writes about financial independence and early retirement.

http://the-military-guide.com/
by DTSC
Fri Oct 14, 2016 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Getting out of my baby work shower
Replies: 22
Views: 2374

Re: Getting out of my baby work shower

Make sure your wife attends. It's all about her anyhow. It'll take a lot of heat off you as well.
by DTSC
Fri Oct 14, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads use Robo Advisors?
Replies: 39
Views: 4026

Re: Do Bogleheads use Robo Advisors?

Nope. Why even pay that 0.25% when you can do it yourself?
by DTSC
Fri Oct 14, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Getting out of my baby work shower
Replies: 22
Views: 2374

Re: Getting out of my baby work shower

Tell they you've got everything from relatives already. Tell them to donate goods/money to a child-oriented charity on your behalf.
by DTSC
Tue Oct 11, 2016 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: 23 Years Old, Engineer, Aspiring to Invest to Secure Future
Replies: 66
Views: 6945

Re: 23 Years Old, Engineer, Aspiring to Invest to Secure Future

Yes, I listen to all of the madfientist podcasts as well!! I came across him through MMM. Madfientist articles is what made me invest in Traditional versus Roth TSP. I invest all my tax savings that I see in my check that I wouldn't have if I still had Roth. I can worry about taxes later. Once the ...
by DTSC
Tue Oct 11, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: 23 Years Old, Engineer, Aspiring to Invest to Secure Future
Replies: 66
Views: 6945

Re: 23 Years Old, Engineer, Aspiring to Invest to Secure Future

mrog1141 wrote:I am a disciple of MMM.

The Shockingly Simple Math Behind Early Retirement.

I save 55%. And that will increase as I continue to optimize my spending and earn more every year with my raises.



Way to go! I'm too old to do that any more. Also consider:

http://www.madfientist.com/
by DTSC
Tue Oct 11, 2016 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: 23 Years Old, Engineer, Aspiring to Invest to Secure Future
Replies: 66
Views: 6945

Re: 23 Years Old, Engineer, Aspiring to Invest to Secure Future

Read this blog http://www.mrmoneymustache.com To summarize, he states that if you save 70% of your income, you can retire after working 10 years! Yes, it's extreme, but no reason why you can't shoot for saving 50% and retiring in 20 years. You still have time to choose this path, since you haven't g...
by DTSC
Sun Oct 02, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: "Activities of Daily Living"--exact science or subjective?
Replies: 12
Views: 1944

Re: "Activities of Daily Living"--exact science or subjective?

To contrast what DTSC posted, when my mom first went into AL, she didn't use a walker, could dress/bathe herself, could hold short conversations just fine (and still had a very extensive vocabulary) and was what I called a "highly functioning dementia patient" because she would fool peopl...
by DTSC
Sun Oct 02, 2016 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: "Activities of Daily Living"--exact science or subjective?
Replies: 12
Views: 1944

Re: "Activities of Daily Living"--exact science or subjective?

I'm being initiated into the many challenges of eldercare for the first time. my elder entered assisted living naively interpreting that the long term care policy would be a financial aid. This was a result of reading about ability/inability to perform some of the activities of daily living outline...
by DTSC
Sat Oct 01, 2016 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Does your employer use SAT/ACT scores?
Replies: 51
Views: 2947

Re: Does your employer use SAT/ACT scores?

I did well on standardized tests.

However, I would not work for anyone who is stupid enough to take them seriously.
by DTSC
Tue Sep 27, 2016 2:03 pm
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 250
Views: 15826

Re: Does it matter what type of college one goes to?

Malcolm Gladwell's "David and Goliath" touches on this subject. He concludes that many talented people are lost and discouraged by the fierce competition at a prestigious school but would shine at a good one. I have a hard time thinking that someone who is discouraged by competition is a ...
by DTSC
Mon Sep 26, 2016 9:15 pm
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 250
Views: 15826

Re: Does it matter what type of college one goes to?

I have degrees from a "name brand" (HPYMS) school and 2 state schools, including a large Midwest flagship school. IMO, it doesn't matter. It's much more about the student's motivation and ambition. Cream rises. After you get your first job, no one cares where you went to school. I would en...
by DTSC
Mon Sep 26, 2016 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: latest scandal has me thinking of leaving Wells Fargo
Replies: 36
Views: 3688

Re: latest scandal has me thinking of leaving Wells Fargo

I don't plan to move our account with Wells Fargo due to the scandal alone. I think most companies have some chance of being involved in a scandal of some type sooner or later. However, the mailings I get from Chase or Citibank that offer $500 for establishing accounts with them are now getting mor...
by DTSC
Mon Sep 26, 2016 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: College advice
Replies: 35
Views: 2773

Re: College advice

Read 9/20/2016 article at Root of Good

http://rootofgood.com/pay-for-college-w ... red-early/
by DTSC
Sat Sep 24, 2016 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth Milestone Today - $1.5M
Replies: 128
Views: 18092

Re: Net Worth Milestone Today - $1.5M

Congrats! Your sense of gratitude is refreshing. You might agree with the following article: http://www.frugalwoods.com/2015/02/16/the-privilege-of-pursuing-financial-independence/ Also, with your young age, passive income stream (rental properties) and high net worth (no matter how you calculate it...
by DTSC
Fri Sep 23, 2016 7:38 am
Forum: Personal Consumer Issues
Topic: Chicago Food/Restaurant Recommendations
Replies: 60
Views: 4049

Re: Chicago Food/Restaurant Recommendations

You might want to try this:

http://www.chefdrivenfoodtours.com/

We took it last year. Good food. Learn about different neighborhoods and some history. Great for out of town visitors.
by DTSC
Tue Sep 20, 2016 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5982

Re: How I circumvented Chase's 5/24 rule

What is the interest rate you can get on the $250K to be a private client? How long do you have to leave the money there? Right now, I can get almost 1% interest in a completely liquid savings account at my credit union. A quick look online shows Chase paying only 0.05% interest even on a 1 year CD...
by DTSC
Tue Sep 20, 2016 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5982

Re: How I circumvented Chase's 5/24 rule

What is the interest rate you can get on the $250K to be a private client? How long do you have to leave the money there? Right now, I can get almost 1% interest in a completely liquid savings account at my credit union. A quick look online shows Chase paying only 0.05% interest even on a 1 year CD....
by DTSC
Sun Sep 18, 2016 8:32 am
Forum: Personal Consumer Issues
Topic: 2016 Honda Odyssey - which model?
Replies: 37
Views: 2830

Re: 2016 Honda Odyssey - which model?

Definitely get power doors; you will not regret it.

We did not get NAV or entertainment. You can use your smart phone for NAV and get 2 tablets for much cheaper. Kids might want to watch different programs anyhow, so a single screen would lead to disagreements.

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