Search found 4816 matches

by michaeljc70
Tue Apr 23, 2019 6:58 pm
Forum: Personal Consumer Issues
Topic: Negotiating new boat price
Replies: 13
Views: 1388

Re: Negotiating new boat price

:!: And if people mention the platitudes, I have a few responses for those :) Except, the platitudes are true! However, the times using your boat between buying and selling are fun too. What boats have you owned? I’ve only bought PWCs and the best times are definitely when I’m using them. I think a...
by michaeljc70
Tue Apr 23, 2019 6:46 pm
Forum: Personal Investments
Topic: Techniques for doing NOTHING?
Replies: 43
Views: 3597

Re: Techniques for doing NOTHING?

Fiddle with it enough and then look at your returns. That might convince you to stop fiddling :shock: . More seriously, just say you have a good plan and are going to stick to it. As others pointed out, picking a target or life strategy fine might reduce the temptation to fiddle. If that won't work,...
by michaeljc70
Tue Apr 23, 2019 1:40 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 750
Views: 65951

Re: That's enough for me in 2019

It depends.. VIX or VTI? or your favorite pizza? FXAIX My crystal ball predicts >60% chance of success if you hold this newly purchased FXAIX for 10 years. The longer you hold on to the stock, the better chance of success you'll have. It's a good odds. That's good enough for you? If you look at his...
by michaeljc70
Tue Apr 23, 2019 1:31 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 750
Views: 65951

Re: That's enough for me in 2019

PSA: if you haven't got out yet, today is your chance to sell high... or not :mrgreen: If you're already out, don't look... :twisted: I have a buy order that will be executed at close. Should I cancel it??? It depends.. VIX or VTI? or your favorite pizza? FXAIX My crystal ball predicts >60% chance ...
by michaeljc70
Mon Apr 22, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 98
Views: 7463

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

FIREcalc success rate and actual success rate may differ. Sure. And the 4% rule (or 3% rule or 2% rule or any rule for that matter) might not work either. So, the answer to some people is to work until you have an unbelievable amount of money so that in almost any foreseeable circumstance you won't...
by michaeljc70
Mon Apr 22, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 98
Views: 7463

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

I figure if I get 90%+ I can modify spending to accomodate for those last 10% if it does happen. I also haven't included my home equity or any inheritance/gifts into my plan so those are also potential offsets to the worst case scenarios. There is also the possibility of going back to work (more pos...
by michaeljc70
Mon Apr 22, 2019 1:28 pm
Forum: Personal Consumer Issues
Topic: update 70s kitchen or nah?
Replies: 49
Views: 3473

Re: update 70s kitchen or nah?

Money is an issue, you won’t get your money back in full, you dread the process and you’re willing to live with it the way it is. Seems straightforward for you. Decline the project. I agree. I spend more time in my kitchen though (other than when I am sleeping in the bedroom) than any other room an...
by michaeljc70
Mon Apr 22, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

I have a Samsung that opens itself 6 inches at the end of a cycle. It does well as long as I set cups and plastics at a slope so that water doesn’t puddle on them. We have a Samsung dishwasher as well. So very quiet, dries well, opens after the cycle as described above. And, the controls are on the...
by michaeljc70
Mon Apr 22, 2019 10:20 am
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

Our $1000 Bosch did a good job of drying using the extended cycle. But, it broke. Our $1700 Miele does a better job. It also seems to clean glassware better. But, that may be owner perception. We also love the 3rd rack for flatware. I'm on my second Bosch and I got the one with the 3rd rack. The 3r...
by michaeljc70
Mon Apr 22, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: PODS or similar services for moving lots of boxes?
Replies: 12
Views: 1100

Re: PODS or similar services for moving lots of boxes?

I haven't used them, but I am pretty sure you need a permit in my city (for it to be placed in your driveway) or you can get fined. I'd check on that. I have one in my driveway right now to hold furniture while we do some remodeling. FYI - no permit is needed. Just had to make sure that it does not...
by michaeljc70
Mon Apr 22, 2019 9:31 am
Forum: Personal Consumer Issues
Topic: PODS or similar services for moving lots of boxes?
Replies: 12
Views: 1100

Re: PODS or similar services for moving lots of boxes?

I haven't used them, but I am pretty sure you need a permit in my city (for it to be placed in your driveway) or you can get fined. I'd check on that.
by michaeljc70
Sun Apr 21, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 117
Views: 8323

Re: Quicken 2019 = Very Impressed

To share my experience. I just installed my Windows Quicken 2019 Premier update from Quicken 2016 as online functionality is ending this month. I must say........I am very impressed with the upgrade. Upgrade went flawless no issues. I can really tell lots of bug fixes were made especially with the ...
by michaeljc70
Sat Apr 20, 2019 9:23 pm
Forum: Personal Consumer Issues
Topic: Washing Machine that uses a LOT of Water
Replies: 73
Views: 4122

Re: Washing Machine that uses a LOT of Water

...Does anyone have any specific recommendations for a washing machine that uses a LOT of water?... You can adapt any washing machine to use more water. Simply put fewer clothes in each load. If you want to use twice as much water just put half the amount of clothes in. If you put fewer clothes in ...
by michaeljc70
Sat Apr 20, 2019 1:33 pm
Forum: Personal Consumer Issues
Topic: Washing Machine that uses a LOT of Water
Replies: 73
Views: 4122

Re: Washing Machine that uses a LOT of Water

https://i.imgur.com/xx37Nms.png All those steps must be hyperbole too or you must have a horrible machine or very, very dirty clothes. All what steps? I set the machine and press the start button. In order to match the cleaning results of our old top loader, on our front loader we: - Cut the load s...
by michaeljc70
Sat Apr 20, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: Washing Machine that uses a LOT of Water
Replies: 73
Views: 4122

Re: Washing Machine that uses a LOT of Water

I've never had a problem in 4 years with mold on my front loader. I rarely keep the door open. There is a self clean function on my machine, but I think I've only used it once. Samsung says: Self Clean (also called Pure Cycle or Self Clean+) is a special cycle that prevents mold and is designed to c...
by michaeljc70
Sat Apr 20, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Washing Machine that uses a LOT of Water
Replies: 73
Views: 4122

Re: Washing Machine that uses a LOT of Water

In order to match the cleaning results of our old top loader, on our front loader we: - Cut the load size by 1/3 to 1/2 - Set the pre-soak cycle to one hour (the max) - Add the steam-clean cycle to the beginning - Set the water temperature one setting warmer than the front loader (hot instead of wa...
by michaeljc70
Sat Apr 20, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Washing Machine that uses a LOT of Water
Replies: 73
Views: 4122

Re: Washing Machine that uses a LOT of Water

In order to match the cleaning results of our old top loader, on our front loader we: - Cut the load size by 1/3 to 1/2 - Set the pre-soak cycle to one hour (the max) - Add the steam-clean cycle to the beginning - Set the water temperature one setting warmer than the front loader (hot instead of wa...
by michaeljc70
Sat Apr 20, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: Washing Machine that uses a LOT of Water
Replies: 73
Views: 4122

Re: Washing Machine that uses a LOT of Water

In order to match the cleaning results of our old top loader, on our front loader we: - Cut the load size by 1/3 to 1/2 - Set the pre-soak cycle to one hour (the max) - Add the steam-clean cycle to the beginning - Set the water temperature one setting warmer than the front loader (hot instead of wa...
by michaeljc70
Fri Apr 19, 2019 11:02 pm
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

Our $1000 Bosch did a good job of drying using the extended cycle. But, it broke. Our $1700 Miele does a better job. It also seems to clean glassware better. But, that may be owner perception. We also love the 3rd rack for flatware. I'm on my second Bosch and I got the one with the 3rd rack. The 3r...
by michaeljc70
Fri Apr 19, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1690
Views: 264597

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Hadn't seen this posted for 2019 yet, so apologies if a repeat. The higher E*Trade offer is back with a Dec 2019 expiration. https://us.etrade.com/what-we-offer/how-it-works/bailer-enrollment?mp_id=210232705&ch_id=D&cd_id=95341849 It says money has to stay 6 months to earn the bonus. So i can keep ...
by michaeljc70
Fri Apr 19, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3081

Re: The reality of borrowing from your 401k for home mortgage

I was stuck between 401k(+loan) vs saving for down payment. I went with 401k. I am glad I did. My timeline of purchase changed from 2 years to 6 years and I still continue to rent. I have enough down payment now for 20%. In years 3-4 I chose to have 50K of 401k in bonds and the rest invested. I can...
by michaeljc70
Fri Apr 19, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

I have a Bosch and it dries pretty well. There is a setting I had to turn on for Extra Drying (need to press a series of buttons). You wouldn't know about the Extra Dry feature if you didn't read the manual. If you have something really concave on top where it fills with a lot of water, I don't thi...
by michaeljc70
Fri Apr 19, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 53
Views: 5253

Re: Not Maxing 401K OK?

I would not contribute to the Roth over tax deferred unless 1) you have at least a million dollars in tax deferred accounts already or 2) you are maxing your 401k AND you are not eligible for traditional IRA contribution. If you "hate paying taxes" then you shouldn't be contributing to the Roth if ...
by michaeljc70
Fri Apr 19, 2019 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage will I keep when I sell my home?
Replies: 20
Views: 1416

Re: What percentage will I keep when I sell my home?

In addition to what has been previously posted, you may have closing adjustments where money is due to you for oil/propane in tanks and pro-rated association dues. Good point. Where I live, property taxes are paid in arrears so the seller has to pay that to the buyer for the time they owned the home.
by michaeljc70
Fri Apr 19, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage will I keep when I sell my home?
Replies: 20
Views: 1416

Re: What percentage will I keep when I sell my home?

It depends where you live. There are transfer taxes here and most agents charge 5% total. I think around 7% is a good generic estimate of expenses.
by michaeljc70
Fri Apr 19, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

We have a new Bosch 500 and haven't had issues with drying as long as bowls and cups with concave bottoms are properly tilted. Rinse aid is a must in these newer models. The Extra Dry setting on our Bosch increased the cycle by about 40 minutes but it also heats the water to 160 F during the final ...
by michaeljc70
Fri Apr 19, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3081

Re: The reality of borrowing from your 401k for home mortgage

You have a NW of over $250k, so I don't see a problem with borrowing a 20k down payment from your 401k if you think your job is stable and can repay the loan back without armageddon if you do lose your job. The shorter the 401k payback time frame the better. I also don't see a problem with waiting a...
by michaeljc70
Fri Apr 19, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: dropping umbrella and increasing auto liability
Replies: 56
Views: 3150

Re: dropping umbrella and increasing auto liability

Your umbrella policy covers you if you co-sign an auto loan for someone else. This sounds like a misunderstanding. Your auto insurance, and umbrealla insurance, may cover you if you are liable in an auto accident, even if you are not the driver (for example, if the driver uses your car with your pe...
by michaeljc70
Fri Apr 19, 2019 11:12 am
Forum: Investing - Theory, News & General
Topic: Alpha using rebalancing rules
Replies: 5
Views: 232

Re: Alpha using rebalancing rules

I added the link to the case study in the original post. It has a lot of detail lacking in the first article. Obviously it is a proprietary method they paid to develop and aren't going to give every last detail.
by michaeljc70
Fri Apr 19, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: Alpha using rebalancing rules
Replies: 5
Views: 232

Alpha using rebalancing rules

"How One Small Pension Fund Added $1 Billion in Value" https://www.institutionalinvestor.com/article/b1f16mbgypgmqm/How-One-Small-Pension-Fund-Added-1-Billion-in-Value Essentially, they used a rule based system (mostly based on valuations) to trigger rebalancing resulting in an extra 1.25% annual re...
by michaeljc70
Fri Apr 19, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

Wanna bet that Bezos doesn't any longer? The article is from December of 2018. Point? "I do the dishes every night. I'm pretty convinced it's the sexiest thing I do," Bezos joked in a 2014 interview. "I do the dishes every night," Gates similarly revealed on a Reddit AMA the same year. Again, not g...
by michaeljc70
Fri Apr 19, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

We are a family of three and we recently gave up on using the dishwasher. We wash it all by hand. It is surprisingly easy and less headache than our dishwasher. I always felt we wasted so much time loading/running/unloading the dishwasher. Washing by hand is more direct and we feel happy the kitche...
by michaeljc70
Fri Apr 19, 2019 8:52 am
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

We are a family of three and we recently gave up on using the dishwasher. We wash it all by hand. It is surprisingly easy and less headache than our dishwasher. I always felt we wasted so much time loading/running/unloading the dishwasher. Washing by hand is more direct and we feel happy the kitche...
by michaeljc70
Fri Apr 19, 2019 8:39 am
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

We are a family of three and we recently gave up on using the dishwasher. We wash it all by hand. It is surprisingly easy and less headache than our dishwasher. I always felt we wasted so much time loading/running/unloading the dishwasher. Washing by hand is more direct and we feel happy the kitche...
by michaeljc70
Fri Apr 19, 2019 8:21 am
Forum: Personal Consumer Issues
Topic: Garage Door Opener Replacement
Replies: 28
Views: 2051

Re: Garage Door Opener Replacement

I installed a new one myself last year. It isn't hard and I would think a handyman could do it. I got one by Chamberlain and I like the bells and whistles. I can control it with my phone and get notifications of open/closes, it has a sensor that turns the light on when I enter it and I have it set t...
by michaeljc70
Fri Apr 19, 2019 8:15 am
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 54
Views: 1972

Re: In search of a dishwasher that dries plastics well...

I have a Bosch and it dries pretty well. There is a setting I had to turn on for Extra Drying (need to press a series of buttons). You wouldn't know about the Extra Dry feature if you didn't read the manual. If you have something really concave on top where it fills with a lot of water, I don't thin...
by michaeljc70
Thu Apr 18, 2019 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 7822

Re: Job Offer Evaluation - FANG

I don't get this. Your time is worthless? It doesn't matter if you can make $XXX per hour elsewhere. Time is a finite resource. They are comparing two jobs...so hours worked is completely relevant. Actually, yes! They don’t have kids. Most of the free time will be more or less wasted. Why not earn ...
by michaeljc70
Thu Apr 18, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 7822

Re: Job Offer Evaluation - FANG

No, of course they don’t. I don't know if you realize FANG (really it is generally described as FAANG) is 4 (or 5) companies. It is not across all companies as it refers to 4 or 5 companies. No idea why you replied to me there. Because they said it was a "generalization to make across all companies...
by michaeljc70
Thu Apr 18, 2019 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 7822

Re: Job Offer Evaluation - FANG

Do the people who say FANG works you harder actually work at them? That's not a correct generalization to make across all companies much less across each individual company. No, of course they don’t. I don't know if you realize FANG (really it is generally described as FAANG) is 4 (or 5) companies....
by michaeljc70
Thu Apr 18, 2019 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 117
Views: 8323

Re: Quicken 2019 and forward

Based on your "one batch file" I downloaded Moneydance to try it out. The only import mechanism I could find was via QIF files and those only work one account at a time. I have dozens of accounts so that seems like a massive project. QIF files aren't very good at dealing with transfers between acco...
by michaeljc70
Thu Apr 18, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 7822

Re: Job Offer Evaluation - FANG

The FANG company will probably work you harder so I'd consider how much you think you will be making per hour. I like working from home, so that is very valuable to me. It saves me 1-2 hours commuting a day along with a lot of other conveniences. On the pro side, having a FANG on your resume is ver...
by michaeljc70
Thu Apr 18, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 117
Views: 8323

Re: Quicken 2019 and forward

Based on your "one batch file" I downloaded Moneydance to try it out. The only import mechanism I could find was via QIF files and those only work one account at a time. I have dozens of accounts so that seems like a massive project. QIF files aren't very good at dealing with transfers between acco...
by michaeljc70
Thu Apr 18, 2019 10:08 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1690
Views: 264597

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Though not exactly a bonus, I received a message from TDA yesterday. If I participated in 1.5 hour survey at their local office (2 miles from where I live), I would get $250. As mentioned above, I just received a $1200 bonus to stay with them.
by michaeljc70
Thu Apr 18, 2019 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 7822

Re: Job Offer Evaluation - FANG

Do the people who say FANG works you harder actually work at them? That's not a correct generalization to make across all companies much less across each individual company. No, of course they don’t. I don't know if you realize FANG (really it is generally described as FAANG) is 4 (or 5) companies....
by michaeljc70
Thu Apr 18, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14187

Re: In Laws Retirement Nest Egg

Deleted
by michaeljc70
Thu Apr 18, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: Electric smoker
Replies: 26
Views: 1097

Re: Electric smoker

I just wouldn't buy a smoker to use 6 times a year. I would use a charcoal kettle grill or gas grill or ceramic egg grill (whatever I have). I have a gas grill and egg (kamado) grill. The next time you are going to replace your grill (I assume you have one), maybe go for a kamado or pellet grill whi...
by michaeljc70
Thu Apr 18, 2019 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: dropping umbrella and increasing auto liability
Replies: 56
Views: 3150

Re: dropping umbrella and increasing auto liability

As a practical matter, if you are totally at fault in a car crash or whatever, generally a plaintiffs attorney will settle for your insurance limit even if damages are more than that. Other than real property that you are on a deed for, no one knows how much money you have (assuming your name isn’t...
by michaeljc70
Thu Apr 18, 2019 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Switch auto insurance?
Replies: 18
Views: 1730

Re: Switch auto insurance?

I don't think you are going to be able to "bargain" with your insurance company. If they are going to drop you, they are going to drop you. Giving them a little more business isn't going to help. Frankly, they are dropping you and don't want your business!
by michaeljc70
Thu Apr 18, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 4799

Re: Video Camera to check in on Elderly Parent

mega317 wrote:
Sat Mar 30, 2019 10:50 pm
How about a cellular or cordless phone instead of this? I don't care what condition I'm in I don't want to be on someone's CCTV.
+1
by michaeljc70
Thu Apr 18, 2019 12:45 pm
Forum: Investing - Theory, News & General
Topic: Reverse Mortgage for Sequence of return risk
Replies: 30
Views: 1292

Re: Reverse Mortgage for Sequence of return risk

In 2016, Wade Pfau wrote that he thinks the growth element of the LOC will probably be eliminated or limited in the future. So, I don't know that I would count on that element.

https://www.forbes.com/sites/wadepfau/2 ... 6dc8cc22b5