Search found 220 matches

by WolfgangPauli
Sat Jan 06, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 820

Re: CapOne Quicksilver vs. USAA card

Ok, back to cards. I have the USAA 2.5% so I assume the 1.5% would be good too.. Of course, I love the 2.5%.. no blackout items, good on all purchases, no maximum. I collected more than $1K last year and only had it for 1/2 the year. I also have been a USAA customer since 1982 and just about all ban...
by WolfgangPauli
Sat Jan 06, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: COBRA
Replies: 16
Views: 1231

Re: COBRA

Not sure if the deal is already done or not but you should always get the new employer to cover the COBRA costs of the gap period. This is very standard now and, in fact, most companies do not even wait to negotiate that... they just do it. You would pay the COBRA and they would reimburse you. Remem...
by WolfgangPauli
Sat Jan 06, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 820

Re: CapOne Quicksilver vs. USAA card

Check, what's a check . . . oh yeah those little green slips of paper you'd send every month in an envelope and put something you licked called a stamp on it then took it to a building called a post office . . . :) Sorry couldn't resist, just a little joke for this Friday. That have your bank accou...
by WolfgangPauli
Fri Jan 05, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Moving I bonds to "Custom" I bonds account
Replies: 6
Views: 514

Re: Moving I bonds to "Custom" I bonds account

I am curious if you would share the purpose of doing this? Perhaps I am missing something but I cannot conceive of an idea for doing this...
by WolfgangPauli
Thu Jan 04, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing 2018 Taxes
Replies: 19
Views: 1978

Re: Reducing 2018 Taxes

Buy shares of the Vanguard REIT index fund and when it continues to lose money, sell the shares for a loss. You can get a tax deduction for up to the taxes on $3,000 of the loss. Ha! i assume this is a joke and the suggestion here is your goal should NOT be to reduce taxes... it should be to get th...
by WolfgangPauli
Tue Jan 02, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: SALT Tax Deduction Max of $10K is NOT indexed to Inflation
Replies: 29
Views: 4257

Re: SALT Tax Deduction Max of $10K is NOT indexed to Inflation

hoppy08520 wrote:
Mon Jan 01, 2018 11:24 am
Another flaw is that the $10k SALT cap is the same whether single or married. So, Congress basically instituted another marriage penalty.
I wonder when it really will be a significant enough benefit to just get divorced and live together..
by WolfgangPauli
Mon Jan 01, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 42
Views: 4124

Re: Savings Bond Wizard to be eliminated 5/18

Thank you... I have no windows computers (Mac and Chromebook) so, alas, no impact. Thanks I wonder if they are going to push everyone to the calculator?
by WolfgangPauli
Mon Jan 01, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Plan for Stay at home mom within 1.5yrs - what to do about mortgage/saving/expenses
Replies: 46
Views: 3180

Re: Plan for Stay at home mom within 1.5yrs - what to do about mortgage/saving/expenses

First, congratulations... I know it somehow can come out wrong but having a SAHM or SAHD was a must for my family. So, to that end we always built our expenses off of one income... even when we had no kids (at that age, you never know when one may "appear"). So, The I would only add two things: 1) h...
by WolfgangPauli
Mon Jan 01, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 42
Views: 4124

Re: Savings Bond Wizard to be eliminated 5/18

I am confused as to what this is. I have loaded all my paper bonds into the website then I saved it (data only) using the instructions they provided. Then, when I click on the file saved the next month it automatically updates on the web. I then save under a different name and do that all over again...
by WolfgangPauli
Mon Jan 01, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: 401k contribution limited by employer
Replies: 17
Views: 1139

Re: 401k contribution limited by employer

I wonder what the reason is.. perhaps they go into a different tier of fees? What do they care how much you put away? I do know that the law is more and more asking the employer to ensure the contributors are doing what is "right". Maybe they made some judgement here? Worth asking rather than fretti...
by WolfgangPauli
Mon Jan 01, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Limited time Turbotax deluxe if FREE for Active Duty Military on USAA
Replies: 1
Views: 229

Limited time Turbotax deluxe if FREE for Active Duty Military on USAA

Hi,

Just thought I would pass this on. Great deal obviously. For all the rest, USAA is still offering their $20 reduction in cost.

Best and Happy New Year!
by WolfgangPauli
Sun Dec 31, 2017 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: iBond Annual Allocation question...
Replies: 3
Views: 358

Re: iBond Annual Allocation question...

Treasury direct still says CPI-U however that is so lagging in its updates I never know to trust it.

Good point on the wait until the end of month.. not a ton of money but I suppose money is money.

Thanks
by WolfgangPauli
Sun Dec 31, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: SALT Tax Deduction Max of $10K is NOT indexed to Inflation
Replies: 29
Views: 4257

SALT Tax Deduction Max of $10K is NOT indexed to Inflation

Anyone else see this little gem in the new tax code? This is not indexed to inflation and if you assume inflation is going to heat up a bit very quickly this $10k is going to be small for a lot of people. As your local taxing authorities need to raise more funds with inflation, you will always be at...
by WolfgangPauli
Sun Dec 31, 2017 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: iBond Annual Allocation question...
Replies: 3
Views: 358

iBond Annual Allocation question...

Hi, Anyone jumping in tomorrow now that your total amount resets and the current bonds pay .1% over CPI? Also, I have not heard of them changing it but the iBond still pays off of CPI-U? I know in the new tax law they changed the way many government benefits are figured as they are figured off of C-...
by WolfgangPauli
Sun Dec 31, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Did you get an Unexpected Year End Bonus because of the Tax Cut?
Replies: 44
Views: 3279

Re: Did you get an Unexpected Year End Bonus because of the Tax Cut?

My mini-megacorp (S&P 600 company) gave all employees a 3% "bonus" in our last paycheck on Friday. They also prepaid 90% of our Q4 bonus the Friday before. (Our Q4 bonus is usually payable the following February and includes the true-up for our annual bonus based on all the year-end numbers. Q1-Q3 ...
by WolfgangPauli
Sun Dec 31, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 276
Views: 47898

Re: USAA 2.5% Cash Back Credit Card

I love the 2.5% card and have received substantial payments from it this year. I had a feeling they would scale it back as it must be expensive.. however I jumped in and am charging everything. I gave one to my son even.... Kind of like earning 2.5% on what you spend! And, no, I am not spending more...
by WolfgangPauli
Sun Dec 31, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Target Net Worth
Replies: 39
Views: 4478

Re: Target Net Worth

Thanks all for the replies. My wife and I are going to set some goals at the new year. Doing the math some of you were using, I think my number will be 4m. With about 1.5 in a house, and 2.5 producing about 100k. To be updated as life goes on. $1.5 in a house - 37.5% in an illiquid asset seems an a...
by WolfgangPauli
Sat Dec 30, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

The Ford dealer near me fixed mine on the same day I called. This was over a year ago though. Is there another Ford dealer you can try contacting? What did he fix it with? Are you sure we are discussing the Takata air bags? Are you sure it cleared out the recall? According to Ford's own letter and ...
by WolfgangPauli
Sat Dec 30, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: General question on college savings
Replies: 60
Views: 2449

Re: General question on college savings

I never really liked the 529 concept, finding them way too limiting. In 18 years, are you certain that your child will be going to college? With both of my kids, it was touch-and-go for quite a while -- and my son ended up going to college on the GI bill, not needing any college savings... I know t...
by WolfgangPauli
Sat Dec 30, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Self made index fund results in buying high and selling low?
Replies: 20
Views: 1117

Re: Self made index fund results in buying high and selling low?

chevca wrote:
Sat Dec 30, 2017 1:36 pm
Oh, cryptocurrencies.....

This is an industry now???
LOL.. My guess is it is better to invest in the companies doing the rip off than it is in the actual fake thing to begin with. Remember the old saying from Colorado gold mining rush "It is easier to mine the miners than to mine the mine"
by WolfgangPauli
Sat Dec 30, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

The Ford dealer near me fixed mine on the same day I called. This was over a year ago though. Is there another Ford dealer you can try contacting? What did he fix it with? Are you sure we are discussing the Takata air bags? Are you sure it cleared out the recall? According to Ford's own letter and ...
by WolfgangPauli
Sat Dec 30, 2017 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Self made index fund results in buying high and selling low?
Replies: 20
Views: 1117

Re: Self made index fund results in buying high and selling low?

Have you looked to see if there is a sector ETF that tracks what you are trying to do. It would be lower cost to invest in that. What is the industry you are trying to track? Cryptocurrencies. I just want to allocate a low single digit share of my portfolio to this and there are no reliable ETFs ye...
by WolfgangPauli
Sat Dec 30, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Self made index fund results in buying high and selling low?
Replies: 20
Views: 1117

Re: Self made index fund results in buying high and selling low?

Hi all, I'm trying to create my own mini index fund of say the to 20 companies of an industry by market cap. However, I noticed that companies in positions 17+ are quite volatile, so when they leave the top 20, when I rebalance, I sell low and when they are back in I buy high. Is this an inherent i...
by WolfgangPauli
Fri Dec 29, 2017 9:47 am
Forum: Personal Consumer Issues
Topic: Best On Line Money Mangement System
Replies: 8
Views: 1557

Re: Best On Line Money Mangement System

Personal Capital is nice. I do like the format of PC but I hate the constant phone calls trying to get you into their managed account. Were you able to stop them? I believe all I ever received was a call or two from them. Perhaps my asset base isn’t high enough for them. :D How do they know your as...
by WolfgangPauli
Fri Dec 29, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA with low income but high net worth
Replies: 39
Views: 2383

Re: FAFSA with low income but high net worth

Isn't it a valid assumption that student aid is meant for those who need it and not those with awesome accountants? I think the answer to this is pay for the tuition out of your $5M and move on. You obviously (unless this is all inherited wealth) have incredible capabilities to share with the world ...
by WolfgangPauli
Thu Dec 28, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: General question on college savings
Replies: 60
Views: 2449

Re: General question on college savings

Well, let me speak from experience. I have just made the last tuition payment for my son's graduate education. I funded his undergrad (4 yrs UMICH) and his graduate (3yrs Notre Dame) - I am free! I mostly used 529 plan to do this (Michigan plan - MESP). I am a big believer in the 529 and now that yo...
by WolfgangPauli
Thu Dec 28, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

Making the car worthless - who would buy this - even a dealer would not take it. I think you're overreacting a bit on this point. Like almost every car built those years, my last Subaru had the same air bag recall (unfixed). I traded the car in when I bought a Prius 2 years ago. The airbag recall n...
by WolfgangPauli
Thu Dec 28, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

I'm confused, is the idea to remove the airbag until a new one is available? It would seem that it would be a hazard no matter where someone is sitting in the car. Apparently when no one is sitting in the front seat (no weight, so I suppose if you had a backpack or something on the seat it may put ...
by WolfgangPauli
Thu Dec 28, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Best On Line Money Mangement System
Replies: 8
Views: 1557

Re: Best On Line Money Mangement System

ThePrince wrote:
Mon Dec 25, 2017 8:48 pm
Personal Capital is nice.
I do like the format of PC but I hate the constant phone calls trying to get you into their managed account. Were you able to stop them?
by WolfgangPauli
Mon Dec 25, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Corporate Bonds with high interest rates
Replies: 9
Views: 655

Re: Corporate Bonds with high interest rates

Correct.. when you buy a bond on the secondary market you will pay a price that compensates for the risk and coupon rate at current rates. So, assuming Velaro has the same risk factors as others, if the coupon is 10% you are going to pay much higher than par value. So, when you calculate your yield ...
by WolfgangPauli
Mon Dec 25, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Blockchain Technology Companies and Funds/ETFs/Futures
Replies: 15
Views: 1253

Re: Blockchain Technology Companies and Funds/ETFs/Futures

I cannot speak for all industries but Blockchain will revolutionize transportation and logistics of goods. Walmart is now clearing customs using blockchain and your food supply is being tracked from origin to table using blockchain. If i were to invest in this, I would just buy IBM. They are "all in...
by WolfgangPauli
Mon Dec 25, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: Basic questions about having your own website
Replies: 12
Views: 1262

Re: Basic questions about having your own website

No... the same company does not have to host the website. I use Godaddy for all my domains but the websites are mostly blogs on Google's free blogger platform.
by WolfgangPauli
Mon Dec 25, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

Ricola wrote:
Mon Dec 25, 2017 12:41 pm
We got a similar recall notice for one of our Toyotas and the dealer replaced the pax airbag this summer.
That has been my experience... somehow Toyota and Honda figured it out.. Ford can't seem to figure it out
by WolfgangPauli
Mon Dec 25, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: At What Point Do you Just Only Play with "House Money"
Replies: 27
Views: 2254

Re: At What Point Do you Just Only Play with "House Money"

I am in a similar situation, though aged 52, and I think I get what you are saying. We hit $3 million investable assets this year. Annual expenses are around $55k, so we are hopefully "set". Income is currently $200-250k per year, so we've been saving a lot. We are ramping up spending a bit, and te...
by WolfgangPauli
Mon Dec 25, 2017 12:41 pm
Forum: Investing - Theory, News & General
Topic: At What Point Do you Just Only Play with "House Money"
Replies: 27
Views: 2254

Re: At What Point Do you Just Only Play with "House Money"

Sounds like you don't have an IPS. No better time than the present to immunize yourself from the financial noise by rebalancing annually into a tapering asset allocation. Establish what you need from your portfolio to live comfortably in retirement; consider your desire to leave a legacy or to char...
by WolfgangPauli
Mon Dec 25, 2017 12:38 pm
Forum: Investing - Theory, News & General
Topic: At What Point Do you Just Only Play with "House Money"
Replies: 27
Views: 2254

Re: At What Point Do you Just Only Play with "House Money"

To me, it kind of sounds like you are trying to time the market (which you say you never have). Well, perhaps I am but there are bounds within the market whereby the risks become clear. Let's take interest rates for example. While you cannot time the difference between 4% - 5% 6% etc. you certainly...
by WolfgangPauli
Mon Dec 25, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

As others have mentioned, this is a problem afflicting 40-60 million car owners. I've been waiting for 2-3 years as well. I am a member of several class action lawsuits, but I don't expect to ever see much more than a few dollars in compensation. More info: https://www.consumerreports.org/cro/news/...
by WolfgangPauli
Mon Dec 25, 2017 12:27 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

Not to defend Ford, but this Takata issue has impacted just about every manufacturer (~68M airbags), and we're all waiting - just like you. Not sure it's very fair to call out Ford when I can point to every major make & there's people in my vicinity waiting for the exact same thing. My son's Honda ...
by WolfgangPauli
Mon Dec 25, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Best On Line Money Mangement System
Replies: 8
Views: 1557

Best On Line Money Mangement System

Hi, Years ago I transitioned from Quicken to iBank (Now Banktivity) as my money management system. I did it when Quicken basically gutted the quicken for Mac system and said they would not invest in this product. Over the years I have tried to migrate to on line systems like Mint but have been disap...
by WolfgangPauli
Mon Dec 25, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: Samsung J3 or J7
Replies: 21
Views: 1421

Re: Samsung J3 or J7

If you like music, the LG V20 is an awesome phone.. nice cameras, great phone but the key is it has quad DAC for music. Listening to Tidal music with good set of headphones (Tidal streams in lossless - meaning CD quality Hi-Fi) and you have what used to be a multi thousand dollar stereo set up in th...
by WolfgangPauli
Mon Dec 25, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: At What Point Do you Just Only Play with "House Money"
Replies: 27
Views: 2254

At What Point Do you Just Only Play with "House Money"

Hi, I am at the point where I have over $3M in my portfolio and still make a significant income. I am 56 so closer to the "end" rather than "the beginning". I have this strong urge to just let the investments ride and call that "house money". Take my current income and live off of it and put the res...
by WolfgangPauli
Mon Dec 25, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: IRS acceptance of Intuit’s Its Deductible for Charity Valuations
Replies: 7
Views: 1103

Re: IRS acceptance of Intuit’s Its Deductible for Charity Valuations

I use it and have never had an issue.. however, given the new tax law , this may be a dead product.
by WolfgangPauli
Mon Dec 25, 2017 8:40 am
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

UPDATE - Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

On Friday, taking a flyer, I found the emails and wrote the executives of Ford. I received a response! I was told after Christmas I will be contacted by their "executive tier" Problem Resolution group. Not sure what that is however it sounds important. Let's see... Will keep everyone posted.
by WolfgangPauli
Mon Dec 25, 2017 8:38 am
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

What are the damages you suffered? Can you prove it? You could talk to an attorney but I doubt you will end up hiring one. Of course I have damages and of course I will not hire an attorney - practically, Ford will tie me up with $100K + in litigation costs for me to recoup $15K? Damages are simple...
by WolfgangPauli
Fri Dec 22, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Re: Live Dangerously

FraggleRock wrote:
Fri Dec 22, 2017 11:14 pm
Join the club.
My 2007 Audi is the same.
Sorry, I meant to quote you .. Do you restrict people from sitting in the front seat? What does Audi tell you?
by WolfgangPauli
Fri Dec 22, 2017 10:31 pm
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 58
Views: 6724

Re: Early retirement pros and cons:

I tried it.. I could not do it... I need something to keep me occupied and work towards a "great good". And, since I am going to do that, I figured I might as well make some money at it so I went back to work and have not looked back. Not sure when I really will hang it up but it will not be for a w...
by WolfgangPauli
Fri Dec 22, 2017 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Stop Contributing to 401(k)??
Replies: 39
Views: 4316

Re: Stop Contributing to 401(k)??

I am thinking about this very topic. The big issue for me is also the Required Minimum Distributions from IRA and 401(k) (Not roth). That can be a very big deal. I am starting to think I have too much in these accounts, or at least have to stop, for the RMD reason. My plan is to very carefully mana...
by WolfgangPauli
Fri Dec 22, 2017 10:25 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3465

Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

I am hoping there is someone out there with experience in this or a good lawyer I can contact. In July of 2016 I was notified my Ford Fusion 2011 Hybrid had the infamous "Takata air bag" problem. In that recall It said do not have anyone sit in the front passenger seat - making the car a motorcycle ...
by WolfgangPauli
Sun Dec 17, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Stop Contributing to 401(k)??
Replies: 39
Views: 4316

Re: Stop Contributing to 401(k)??

I am thinking about this very topic. The big issue for me is also the Required Minimum Distributions from IRA and 401(k) (Not roth). That can be a very big deal. I am starting to think I have too much in these accounts, or at least have to stop, for the RMD reason. My plan is to very carefully manag...