Search found 1070 matches

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: 123
Views: 5760

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: 123
Views: 5760

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: 3108

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: 33
Views: 2140

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: 98
Views: 11315

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: 3274

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: 5339

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: 5339

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: 2402

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.
by DTSC
Wed Sep 14, 2016 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Simple Portfolio(Review) and Clueless About Rebalancing
Replies: 5
Views: 380

Re: Simple Portfolio(Review) and Clueless About Rebalancing

Giving you a bump I don't know if you and your husband keep your finances completely separate. If you don't, then paying off the 6% student loans and funding husband's IRA is the most sensible thing to do. If you are keeping finances separately, I would think that you should increase your emergency ...
by DTSC
Tue Sep 13, 2016 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Career Change Did I Make The Right Move?
Replies: 14
Views: 1998

Re: Career Change Did I Make The Right Move?

Not having to look over your shoulder to see if someone is trying to shove a shank between your ribs... Priceless!

Not being outsourced... Priceless!


We had a plumbing emergency on a weekend several years ago. We were more than happen to pay him $250/hour.
by DTSC
Sun Sep 11, 2016 11:22 am
Forum: Personal Consumer Issues
Topic: Toyota, Honda, Nissan or Chrysler Minivan?
Replies: 43
Views: 3914

Re: Toyota, Honda, Nissan or Chrysler Minivan?

2008 Honda Odyssey owner here. On my test drives 8 years ago, the Honda drove more like a car, while Toyota and Chryslers drove like vans. I don't know how the new models are like now. The one feature I would not skimp on is power sliding doors. It allows you to remotely let your small children in, ...
by DTSC
Thu Sep 08, 2016 2:07 pm
Forum: Personal Consumer Issues
Topic: Water turned off in building-urgent! [Problem Resolved]
Replies: 39
Views: 2172

Re: Water turned off in building-urgent!

Meanwhile, yes, lift the lid off that tank behind the toilet bowl and seat. Pour a few potsful (potfuls?) of water in. If water is limited, I guess I'd try halfway first, especially if you are willing to have "slightly unclear" water in the bowl, which is surely better than... what would ...
by DTSC
Sun Aug 21, 2016 8:03 am
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 4121

Re: Tips for a 1000 miles car trip with toddler and baby

Have iPad will travel.

iPad = Kiddy Crack
by DTSC
Fri Aug 19, 2016 6:49 pm
Forum: Personal Consumer Issues
Topic: vacation ideas - October
Replies: 42
Views: 3414

Re: vacation ideas - October

I definitely wouldn't reccomend St. Louis. The wife and our two tots were coming back from a well known place around 5PM and there was a drive by shooting while we were waiting at the train station. We usually don't pay a ton of attention when a city is deemed "dangerous" but a first hand...
by DTSC
Thu Aug 18, 2016 1:03 pm
Forum: Personal Consumer Issues
Topic: vacation ideas - October
Replies: 42
Views: 3414

Re: vacation ideas - October

How about Toronto?

About 8 hours from Chicago

Excellent food!!!

Good USD to CAD exchange rate, 1: 1.31 currently

Like New York, but without the crime!

Need a passport though
by DTSC
Tue Aug 16, 2016 10:41 pm
Forum: Personal Consumer Issues
Topic: AAA Car Batteries
Replies: 44
Views: 9330

Re: AAA Car Batteries

When I was in the battery business, we had four "grades" of batteries. They were "economy", "original equipment", premium, and "super premium". Personally, I would only buy a premium or super premium model. I expect that the AAA products are "original eq...
by DTSC
Tue Aug 16, 2016 2:48 pm
Forum: Personal Consumer Issues
Topic: AAA Car Batteries
Replies: 44
Views: 9330

Re: AAA Car Batteries

I know someone who works in the Johnson Controls factory. His job is to apply decals onto the batteries that Johnson Controls manufactures for different brands. He tells me that for a given amperage level, ALL THE BATTERIES ARE THE SAME. For example, you can spend $150 for a 5 year battery or $100 ...
by DTSC
Tue Aug 16, 2016 1:28 pm
Forum: Personal Consumer Issues
Topic: AAA Car Batteries
Replies: 44
Views: 9330

Re: AAA Car Batteries

I know someone who works in the Johnson Controls factory. His job is to apply decals onto the batteries that Johnson Controls manufactures for different brands. He tells me that for a given amperage level, ALL THE BATTERIES ARE THE SAME. For example, you can spend $150 for a 5 year battery or $100 f...
by DTSC
Wed Jun 29, 2016 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Netspend - After June 30 - any other suggestions?
Replies: 4
Views: 512

Re: Netspend - After June 30 - any other suggestions?

I know about Mango, what is Insight?
by DTSC
Tue Jun 07, 2016 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to keep $10,000 liquid yet still earn some interest
Replies: 23
Views: 4636

Re: Best way to keep $10,000 liquid yet still earn some interest

I am currently getting 0.995% interest in a savings account at Alliant Credit Union. FCUA insured.

All you have to do to become a member is to be a PTA (Parent Teacher Association) member. They don't even ask for proof.
by DTSC
Mon Jun 06, 2016 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401K Contribution limits (Is my CPA wrong?)
Replies: 6
Views: 771

Re: Solo 401K Contribution limits (Is my CPA wrong?)

You are right and the CPA is wrong. These are the calculators which I've used. http://solo401k.bcmadvisors.com/calculator.html https://www.fidelity.com/retirement-ira/small-business/self-employed-401k/overview I've found from my experience with 4 different CPA's that they really don't know what to d...
by DTSC
Mon Jun 06, 2016 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to live on $110,000 less income each year?
Replies: 104
Views: 11517

Re: How to live on $110,000 less income each year?

Also, your friend might be racking up thousands of dollars per year in credit card charges to keep up appearances. You never know.
by DTSC
Thu May 26, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 781
Views: 77183

Re: What's Your Credit Card Rewards Strategy?

This brings up 2 questions for me. 1. For those of you that rock out the miles and travel rewards, do you find that you're also traveling a lot for work as well? It seems to me that a lot of people that do the miles thing also travel for work and they capitalize on earning extra points that way and...
by DTSC
Thu May 26, 2016 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 781
Views: 77183

Re: What's Your Credit Card Rewards Strategy?

I churn. I've opened 23 new credit cards in the last 2 years. 14 are still open. Problem is there are really not a lot of cards left that I'm interested in now that the Chase 5/24 rule is in place. When not trying to hit an intro bonus, I've been spending on my Club Carlson card to get to the extra...
by DTSC
Wed May 25, 2016 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Geico or State Farm - auto insurance
Replies: 19
Views: 1850

Re: Geico or State Farm - auto insurance

I you have Berkshire Hathaway stock, Geico will give you another 10% discount. I have a few shares of BRK.B and I told the rep so and got the discount. I wasn't asked to supply any kind of proof.
by DTSC
Wed May 25, 2016 7:50 pm
Forum: Personal Consumer Issues
Topic: Zenni Optical
Replies: 29
Views: 2152

Re: Zenni Optical

A couple years ago I bought a pair of prescription sunglasses from them for $15 including shipping. They worked fine. Not risking a whole lot of money. I certainly would get a spare pair of glasses from them regardless
by DTSC
Tue May 24, 2016 10:52 am
Forum: Investing - Help with Personal Investments
Topic: be my mother in law's financial advisor...or not?
Replies: 21
Views: 2167

Re: be my mother in law's financial advisor...or not?

Definitely don't do it if your wife has siblings who might think you're trying to "steal" their inheritance. It's a much better scenario if your wife is an only child.
by DTSC
Mon May 23, 2016 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 24965

Re: Physician Retirement Savings

Reading through this makes me feel like a schlub. Want to feel like a schlub? Write a book and read the negative comments on Amazon about it. Here's one I saw today that made me chuckle: The Author has no financial credentials other than reading the Bogleheads forum. This book is a ripoff of the Bo...
by DTSC
Sat May 21, 2016 9:37 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 20636

Re: Is there a such thing as a blue collar Boglehead?

How would I define "blue collar"? Can you still earn a living if you screwed up your back? To me, the Boglehead philosophy is more about living below your means and investing the savings in a low cost manner. Certainly it is easier to live below your means if you have a higher income and n...
by DTSC
Mon May 16, 2016 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 24965

Re: Physician Retirement Savings

Yes, dose of my own medicine. I have to thank Roosevelt, if he is still around, as he pointed me toward Peter Moskowitz and I benefitted greatly from one of his seminars. I now end early once a week to go to practices and games, and I take all of my vacation. It adds up to quite a bit of time off. ...
by DTSC
Mon May 16, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 24965

Re: Physician Retirement Savings

Let me put it this way. Docs are performing for their own internal standards as much as any external ones. I've coached many docs to 'just say no' when asked to continually step up their workload... I'm glad to see you do this. I seem to recall your needing such a nudge, especially about administra...
by DTSC
Mon May 16, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 24965

Re: Physician Retirement Savings

Keep in mind that many docs don't want to ever retire. The old generation (people in middle age now) felt that docs should work until the day they die. It is a relatively modern idea that work life balance is more healthy and sustainable. They didn't even have work hour restrictions during residenc...
by DTSC
Mon May 16, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 24965

Re: Physician Retirement Savings

If you hang out in a doctors' lounge or dining room, you will soon realize the new status symbol is the ability to retire early or when you choose. The parking lot is not a place for status symbols. Agreed. I don't see many folks in awe of the new Bentley in the parking lot. The big wow factor is &...
by DTSC
Mon May 16, 2016 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 24965

Re: Physician Retirement Savings

Keep in mind that many docs don't want to ever retire. The old generation (people in middle age now) felt that docs should work until the day they die. It is a relatively modern idea that work life balance is more healthy and sustainable. They didn't even have work hour restrictions during residenc...
by DTSC
Wed May 11, 2016 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Starting over - Could use advise
Replies: 12
Views: 2357

Re: Starting over - Could use advise

IMHO the OP's portfolio is relatively small for someone in his 50's with relatively fewer years left in his work life (harder to do carpentry at age 70 compared to being an accountant.) I think he needs to be much more aggressive, maybe 80-90% stocks and 10-20 % bonds.
by DTSC
Mon May 09, 2016 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Saving for MY college
Replies: 9
Views: 975

Re: Saving for MY college

Open a 529 plan
Illinois' www.brightstartsavings.com/Illinois_529‎ plan is actually not half bad, especially if you use the index fund options. You'll get a 3.75% state tax deduction on your contributions if you're going to be an Illinois resident
by DTSC
Sun May 08, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Career Finance vs Social Work
Replies: 21
Views: 3380

Re: Career Finance vs Social Work

Social Workers have a calling, not a job.

What's the difference between a calling and a job? About $2000 per month....
by DTSC
Fri Apr 29, 2016 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Question
Replies: 15
Views: 1482

Re: Chase Sapphire Question

A little off topic, but you might be interested in this site: http://millionmilesecrets.com/new-to-miles-points-start-here/
by DTSC
Thu Apr 28, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 5207

Re: Young Male Living with Parents

Based on my observations of adults living with their parents - the money saved on rent is often spent on therapy.
by DTSC
Sat Apr 23, 2016 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: SEP-IRA versus Individual 401K versus SIMPLE IRA ..etc
Replies: 3
Views: 405

Re: SEP-IRA versus Individual 401K versus SIMPLE IRA ..etc

My wife has her solo 401K with Fidelity. Fidelity (but not Vanguard) allows rollovers of IRA's into the 401K plan. This will allow you to make backdoor Roth contributions in the future, without worrying about converting (and paying taxes on) your existing IRA's
by DTSC
Fri Apr 22, 2016 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Advice on starting new job as 1099
Replies: 5
Views: 553

Re: Advice on starting new job as 1099

If you have any old IRA's, you might want to open solo 401K's at Fidelity instead of Vanguard. This is because Fidelity allows rollovers into their 401K while Vanguard does not. Rolling your IRA's into a 401K will allow you to do backdoor Roths in the future without worrying about converting the old...
by DTSC
Mon Apr 18, 2016 2:09 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 53
Views: 3381

Re: Passport photo DIY - anyone done it easily?

Just pay $5 at Costco. I used to DIY, but it just isn't worth the time and bother.
by DTSC
Mon Apr 11, 2016 9:12 pm
Forum: Personal Consumer Issues
Topic: Great Deal on Quicken 2016 Home & Business
Replies: 13
Views: 1326

Re: Great Deal on Quicken 2016 Home & Business

frugalfraggle wrote:Sounds like they are trying to eek out every last penny before Quicken moves to its new home.


Which new home are you referring to?
by DTSC
Sat Apr 09, 2016 9:16 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey
Replies: 41
Views: 3766

Re: Honda Odyssey

bloom2708 wrote:It won't be relevant. We had a 2007. Nice features. We had engine trouble at 60k. The front middle spark plug fell out. All service was done at the Honda dealer. Just bad luck?

I stick with Fords now.


We have a 2008. Exact same problems, even after the engine recall.
by DTSC
Sat Apr 09, 2016 7:26 am
Forum: Investing - Help with Personal Investments
Topic: I Forgot to Convert My Backdoor Roth - Now What?
Replies: 13
Views: 1669

Re: I Forgot to Convert My Backdoor Roth - Now What?

Start a small business (sell stuff on Ebay, mow your neighbor's lawn). Now you can open a solo 401K plan at Fidelity. Use Fidelity as they allow rollovers into their 401K plans (Vanguard does not). Roll the IRA money into your new solo 401K plan. Voila, pro-rata problem solved. see this article by T...
by DTSC
Thu Apr 07, 2016 10:49 pm
Forum: Personal Consumer Issues
Topic: Need Super Epoxy / Glue / Adhesive for external stone to metal connection
Replies: 21
Views: 1551

Re: Need Super Epoxy / Glue / Adhesive for external stone to metal connection

Or you can try Shoe Glue. I've used it on shoes and it is highly flexible even when dried. But I'm not sure how well it will stick to Aluminum though.

http://www.amazon.com/Shoe-Boots-Gloves ... B007KRO4T4
by DTSC
Thu Apr 07, 2016 9:30 pm
Forum: Personal Consumer Issues
Topic: Need Super Epoxy / Glue / Adhesive for external stone to metal connection
Replies: 21
Views: 1551

Re: Need Super Epoxy / Glue / Adhesive for external stone to metal connection

As you have noticed, aluminum expands too much compared to the stone, causing shear forces and making the glue crack. So I don't think gluing is the way to go. Maybe you should try drilling some holes into the stone. Then cut longitudinal slots into the aluminum. Use toggle bolt type screws (such as...
by DTSC
Wed Apr 06, 2016 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 2160

Re: 19 year old looking for guidance and advice

Maybe a little off topic here, but IMHO your biggest investment should be in your education/training so that you can find a job/career which pays more than $1400 per month. Don't get me wrong, there's nothing wrong with working in a warehouse, except the pay is not great and you might not have oppor...
by DTSC
Mon Mar 28, 2016 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get a mortgage
Replies: 3
Views: 415

Re: Should I get a mortgage

...the negative aspect of this would be we probably will be leaving in 2-3 years... Regardless of all other factors, the fact that you will probably move in 2-3 years is a good reason not to buy a house. This is unless you're absolutely SURE that it'll appreciate significantly - enough to offset an...

Go to advanced search