Search found 1824 matches

by michaeljc70
Sun Oct 22, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: how often to upgrade phone?
Replies: 44
Views: 2277

Re: how often to upgrade phone?

I update around every 2 years. I have found that almost every phone I've had after around 2 years the battery has really degraded. As others have pointed out, they tend not to get updates also.
by michaeljc70
Sat Oct 21, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Nisiprius has described some of these bonus situations as akin to stealing the cheese from the mousetrap. Sometimes it works, and sometimes it doesn't work out so well. Sorry, but this is silly. No one is trapped anywhere. If you don't like the TDA deal, move somewhere where you to DO like the deal...
by michaeljc70
Sat Oct 21, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Nisiprius has described some of these bonus situations as akin to stealing the cheese from the mousetrap. Sometimes it works, and sometimes it doesn't work out so well. Sorry, but this is silly. No one is trapped anywhere. If you don't like the TDA deal, move somewhere where you to DO like the deal...
by michaeljc70
Sat Oct 21, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Better than 4% Rule
Replies: 28
Views: 2633

Re: Better than 4% Rule

I can live with a 7.6% failure rate. Keep in mind, failure means you cannot get out that (original adjusted) 4%. If there is a market tank, I feel I could easily adjust downward a small percentage if needed. In other words, if you calculated $75k and there were a few bad years in the market, you mi...
by michaeljc70
Sat Oct 21, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Nisiprius has described some of these bonus situations as akin to stealing the cheese from the mousetrap. Sometimes it works, and sometimes it doesn't work out so well. Sorry, but this is silly. No one is trapped anywhere. If you don't like the TDA deal, move somewhere where you to DO like the deal...
by michaeljc70
Sat Oct 21, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Better than 4% Rule
Replies: 28
Views: 2633

Re: Better than 4% Rule

I can live with a 7.6% failure rate. Keep in mind, failure means you cannot get out that (original adjusted) 4%. If there is a market tank, I feel I could easily adjust downward a small percentage if needed. In other words, if you calculated $75k and there were a few bad years in the market, you mi...
by michaeljc70
Sat Oct 21, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Am I the only one that thinks this is kind of insidiously bad? I assume many folks migrated from Vanguard to TDA with their Vanguard ETFs to collect a bonus, and because it was free to buy/sell Vanguard ETFs there anyways. Now that's changed. You'll have to pay fees to buy/sell Vanguard ETFs, so ma...
by michaeljc70
Sat Oct 21, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Better than 4% Rule
Replies: 28
Views: 2633

Re: Better than 4% Rule

I can live with a 7.6% failure rate. Keep in mind, failure means you cannot get out that (original adjusted) 4%. If there is a market tank, I feel I could easily adjust downward a small percentage if needed. In other words, if you calculated $75k and there were a few bad years in the market, you mig...
by michaeljc70
Thu Oct 19, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: Data Use on Smartphones
Replies: 33
Views: 1959

Re: Data Use on Smartphones

Many of the mobile browsers have data saving modes so I would make sure you use that if you are trying to use less data. I have it on in Chrome and it says I've saved 7% in the last month. Not a lot, but better than nothing. BTW...I am not sure how much this plan you are looking at costs. A quick se...
by michaeljc70
Thu Oct 19, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: Wife New Car Recommendations - SUV
Replies: 51
Views: 3884

Re: Wife New Car Recommendations - SUV

I have a 2015 CX-5 and am very happy with it. The thing I am not happy about is it has gotten a lot of good reviews and now is pretty popular. I didn't want a RAV4 or CR-V because they are very common (among other reasons), but the CX-5s are popping up all over now. I test drove the Tuscan, but that...
by michaeljc70
Thu Oct 19, 2017 9:26 am
Forum: Personal Consumer Issues
Topic: 1st Time Cruise - Princess and wifi
Replies: 21
Views: 1537

Re: 1st Time Cruise - Princess and wifi

I do all my internet stuff on cruises while in port. My phone worked in almost every port. If it didn't work at the port, I just waited until I went ashore. Obviously when you are too far from land or in remote areas, it won't work and you'd have to use the ship's computers or wifi. There are freque...
by michaeljc70
Thu Oct 19, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Data Use on Smartphones
Replies: 33
Views: 1959

Re: Data Use on Smartphones

The problem is many websites (even news ones) have videos that play automatically. Sometimes they go with the story and sometimes they are ads. That eats up a lot of data. Phones also use data in the background for things like checking for email, Facebook notifications, etc. depending on what apps y...
by michaeljc70
Thu Oct 19, 2017 9:13 am
Forum: Personal Consumer Issues
Topic: Are Roomba's effective?
Replies: 55
Views: 4645

Re: Are Roomba's effective?

They work great if you have no furniture or stairs. In my house, it would get stuck or be ineffective all the time under coffee tables, dining room chairs, bar stools, etc. If you don't have a lot of furniture, particularly have furniture with "normal" legs, you might have better luck.
by michaeljc70
Thu Oct 19, 2017 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 2383

Re: Credit scores fell this month a lot for no reason

I monitor my scores via various credit cards for all 3 bureaus, getting the FICO Score 8 numbers. My scores are typically 820-840 but this month they all fell into 780s-799. My utilization % is 0, no inquiries, and I made no charges more than $200. I have a 25+ year history. My only negative repeat...
by michaeljc70
Wed Oct 18, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 2383

Re: Credit scores fell this month a lot for no reason

A few things: 1. 0% utilization is worse than a small amount of utilization for FICO scoring purposes 2. FICO uses "buckets" to determine scores, it's possible you moved into a different bucket 3. Anything over 760 doesn't matter anyway 760 won't get you the best rates with some auto insurers. All ...
by michaeljc70
Wed Oct 18, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 2383

Re: Credit scores fell this month a lot for no reason

Gronnie wrote:
Wed Oct 18, 2017 12:47 pm
A few things:

1. 0% utilization is worse than a small amount of utilization for FICO scoring purposes
2. FICO uses "buckets" to determine scores, it's possible you moved into a different bucket
3. Anything over 760 doesn't matter anyway
760 won't get you the best rates with some auto insurers.
by michaeljc70
Wed Oct 18, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: Anyone planning on getting the new Pixel phone?
Replies: 76
Views: 4093

Re: Anyone planning on getting the new Pixel phone?

No. I am trying to distance myself from Google and their silly intrusive evil spying practices. I think using THEIR actual hardware would be the coup de grace. Might as well bank with them, give them all my tax returns and run a broadcasting camera from my bedroom!!! :oops: If you use any other And...
by michaeljc70
Wed Oct 18, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Credit scores fell this month a lot for no reason
Replies: 40
Views: 2383

Re: Credit scores fell this month a lot for no reason

It is extremely hard to have a FICO of 840 with no installment loan or mortgage. Are you sure it was that high? When did you last have a loan? Maybe that fell off your report?
by michaeljc70
Wed Oct 18, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2270
Views: 395514

Re: What's Your Credit Card Rewards Strategy?

chrischris wrote:
Fri Oct 13, 2017 7:15 pm
So you guys are closing your accounts after receiving the bonus to avoid the annual fee?
I put it on my calendar out 11 months to remind me to close the account. I don't close them typically right away due to other benefits like lounge access, free baggage check, etc.
by michaeljc70
Wed Oct 18, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Anyone planning on getting the new Pixel phone?
Replies: 76
Views: 4093

Re: Anyone planning on getting the new Pixel phone?

I would love to, but I am not spending $650 or $850 on a phone. I've had a couple of Google phones and liked them. My limit on a phone now is around $300-$400 and have found they are completely capable of doing just about everything an $800 phone can do.
by michaeljc70
Wed Oct 18, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9964

Re: anyone else not liking the new cars?

stoptothink wrote:
Sat Oct 14, 2017 9:08 am
Angelus359 wrote:
Sat Oct 14, 2017 7:07 am
I just bought a new Prius and I love the look
To each their own. IMO it is battling the i3 as the single ugliest vehicle currently manufactured...but I'd gladly drive either.
+1. Uglier than the Aztec.
by michaeljc70
Wed Oct 18, 2017 7:20 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

I've been surprised that more people who are transferring out of TDA (or are thinking about it) aren't just transferring their accounts to Vanguard (though I understand there are some account type limitations and that they aren't an option for foreign investors). If you have only taxable and IRA ac...
by michaeljc70
Tue Oct 17, 2017 4:54 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

I must confess, I'm a little surprised by the strength of many people's reaction to this. Yes, it's disappointing for those of us who prefer Vanguard ETFs. And yes, if one trades frequently, 6.95 per trade would add up and have an impact over the long haul. But 6.95 here and there doesn't sound lik...
by michaeljc70
Tue Oct 17, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: TD Ameritrade - changes in free ETF options

wxturtle wrote:
Tue Oct 17, 2017 11:06 am
michaeljc70 wrote:
Tue Oct 17, 2017 10:40 am
I searched before posting. Those threads are old. I got this email today and the change is coming in November.
viewtopic.php?f=10&t=229801
Thanks. Looks like they were merged.
by michaeljc70
Tue Oct 17, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

Re: TD Ameritrade - changes in free ETF options

I searched before posting. Those threads are old. I got this email today and the change is coming in November.
by michaeljc70
Tue Oct 17, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 338
Views: 18254

TD Ameritrade - changes in free ETF options

I received an email today stating that TD was expanding their list of no-fee ETFs. Unfortunately, they are changing the existing options too and eliminating the ~30 Vanguard ETFs from the no-fee list. My IRA is there and I have 4 Vanguard ETFs there. I have dividends reinvested and only add dollars ...
by michaeljc70
Mon Oct 16, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 46
Views: 5221

Re: Tax Bracket in Retirement

itstoomuch wrote:
Mon Oct 16, 2017 2:25 pm
BTW, I think that you will find that being in a higher marginal tax bracket, isn't so bad :idea: :greedy .
YMMV :annoyed
That's the way I look at it. If I happen to be in a much higher tax bracket than I thought, I will pay the tax and be grateful.
by michaeljc70
Mon Oct 16, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 46
Views: 5221

Re: Tax Bracket in Retirement

I've put most of my money in traditional accounts (90% traditional, 10% Roth). You get the tax break instantly vs. possible break in decades. Maybe it is just me, but I have no idea what tax bracket I will be when I'm retired. Who knows what the brackets will even be then? I don't know how much I wi...
by michaeljc70
Mon Oct 16, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 6809

Re: What are you driving? And would you buy your current ride again?

2015 Mazda CX-5. Very happy with it and would buy it again. Not one problem in 3+ years.
by michaeljc70
Sun Oct 15, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

I looked on eHealthinsurace.com for short-term policies. It said there were none available. Only "GAP" policies. These had ridiculously low payouts. Like a max of $7k. Which you could exceed with a broken limb. I am in a big city. Not sure why none were showing. I get this message: "Sorry, we have ...
by michaeljc70
Sun Oct 15, 2017 11:17 am
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 5472

Re: What do you buy in Asian food stores?

I typically buy Chinese eggplant, assorted Chinese greens and mushrooms From the produce a variety of mushrooms... (interestingly I am much less cautious in Russian or Polish markets, where nostalgia overrides my better judgement) I live in Chicago and there are a lot of Asian markets. Things I buy...
by michaeljc70
Sun Oct 15, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

1) Look at short term insurance which can be purchased up to a year at the time with the new EO. These plans are non-ACA compliant, but probably there will be no tax penalty with the guidance under the new EO. I'd be careful assuming they'll be no tax penalty. The tax penalty provision is part of t...
by michaeljc70
Sun Oct 15, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 5472

Re: What do you buy in Asian food stores?

I live in Chicago and there are a lot of Asian markets. Some are general, and some cater to specific ethnicities more (Korean, Chinese, Vietnamese, etc). Many of the things I buy there you can sometimes find in larger grocery stores in the international aisle, but you have fewer choices and the pric...
by michaeljc70
Sat Oct 14, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

Well with the elimination of the CSRs by the Feds, my unsubsidized Blue Shield Silver PPO plan in California is going up a full 50%!!! This happened on Thursday. How can you possibly have new premiums to reflect that on Friday? I haven't gotten a quote from my insurance company for 2018, but this a...
by michaeljc70
Sat Oct 14, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

For option #1: Also got some quotes on the short term policies and cheap, cheap..... <$300 per month. Of course they are quoted for just 3 months at a time. Last night, I saw on eHealthInsurance the option to automatically extend the short term policies to a year. I looked on eHealthinsurace.com fo...
by michaeljc70
Sat Oct 14, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

For option #1: Also got some quotes on the short term policies and cheap, cheap..... <$300 per month. Of course they are quoted for just 3 months at a time. Last night, I saw on eHealthInsurance the option to automatically extend the short term policies to a year. I looked on eHealthinsurace.com fo...
by michaeljc70
Sat Oct 14, 2017 5:26 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3862

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

It isn't your decision to make. It is their choice. Talking while driving is extremely common regardless of the research. Research is clear on smoking. Do you not interact with people that smoke? Do you think they will not talk to other people from the car because you refuse to?
by michaeljc70
Sat Oct 14, 2017 11:12 am
Forum: Investing - Help with Personal Investments
Topic: HSA investment [use guaranteed 4% or use equities]
Replies: 22
Views: 1420

Re: HSA investment [use guaranteed 4% or use equities]

There was a guaranteed rate option for my 401k years ago. There was an early withdrawal penalty (if you switched to another investment, not actually withdrew it). I would make sure that isn't the case for this. And if the rate floats it isn't a guaranteed 4%.
by michaeljc70
Sat Oct 14, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Buying 2017 Honda CR-V
Replies: 34
Views: 3136

Re: Buying 2017 Honda CR-V

Thanks for all the feedback. I took my wife out last night and we drove the LX, EX, EX-L. She has some difficulty with different types of seats so that was the driving factor (pun intended). I like the LX, good basic CR-V with back up camera and Bluetooth phone. I'm getting 1-1.3K off sticker on 20...
by michaeljc70
Sat Oct 14, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5653

Re: Help me understand what happen with the new law and ACA subsidies

I don't want to get too far off topic, but it is regarding (premium) subsidies . My insurance company offered no plans on the exchanges for 2017. So, since we never got a subsidy, we moved to them off the exchange. Then, due to somewhat unforeseen circumstances, I didn't work this year. My spouse ma...
by michaeljc70
Sat Oct 14, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio
Replies: 43
Views: 3438

Re: Simplifying portfolio

Having done this a couple of years ago, the main obstacles are: -Watching out how much in capital gains are triggered in taxable accounts when selling assets to move to the 5 funds. Depending on your income, you may want to do this in phases. -Placing the 5 funds strategically in the "right" kind of...
by michaeljc70
Sat Oct 14, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: HSA investment [use guaranteed 4% or use equities]
Replies: 22
Views: 1420

Re: HSA investment [use guaranteed 4% or use equities]

In my 20s, I didn't have any fixed income. If you really want the fixed income, the 4% guarantee is fine. I see people comparing just the yield on the TBM to this 4%. The TBM returned 4.1% over the last 10 years and 6% since it was started (1986). Of course, yields are low now but who knows in the f...
by michaeljc70
Sat Oct 14, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

Well with the elimination of the CSRs by the Feds, my unsubsidized Blue Shield Silver PPO plan in California is going up a full 50%!!! This happened on Thursday. How can you possibly have new premiums to reflect that on Friday? My understanding is because the cost sharing reductions payments were "...
by michaeljc70
Sat Oct 14, 2017 4:26 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

rrppve wrote:
Sat Oct 14, 2017 1:26 am
Well with the elimination of the CSRs by the Feds, my unsubsidized Blue Shield Silver PPO plan in California is going up a full 50%!!!
This happened on Thursday. How can you possibly have new premiums to reflect that on Friday?
by michaeljc70
Fri Oct 13, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Setting Beneficiary vs. Revocable Trust (probate)
Replies: 4
Views: 373

Re: Setting Beneficiary vs. Revocable Trust (probate)

But those probate court fees are a lot smaller than what an attorney might charge to manage the probate process. The attorney fees would be on top of the probate fees paid to the state. A big advantage of a trust would arise while you are alive. If you become incapacitated someone will need to mana...
by michaeljc70
Fri Oct 13, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 10087

Re: 2018 ACA costs arrived

I just received my 2018 cost estimates from Kaiser. For an unsubsidized bronze HSA plan - single male 61yo the insurance will be $700.42/month which is a 9.4% increase. Not too bad I suppose. Anyone else have a data point? Not yet. I know my insurance company is not offering individual plans in 201...
by michaeljc70
Fri Oct 13, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 5323

Re: Would you take a pay cut to work from home?

Absolutely. Unless I thought it would negatively impact my career in a substantial way. You save on commute time. You save on clothing (generally). You can get those hard to get errands done. In my case, I often have down time at different points in projects and that time becomes my own time. Of cou...
by michaeljc70
Fri Oct 13, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 29
Views: 5317

Re: Met with a CFP, not too impressed.

I take it this was a free consultation? Not particularly defending them, but for a free consultation they are not going to spend countless hours scouring over everything.
by michaeljc70
Fri Oct 13, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5653

Re: Help me understand what happen with the new law and ACA subsidies

Every article is calling it a "subsidy". I guess it is a "subsidy", but not the premium subsidy that most people are familiar with. This is the subsidy paid to insurance companies to help reduce co-pays, deductibles, etc. for low income people. This is commonly called CSR (cost sharing reduction). P...
by michaeljc70
Fri Oct 13, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Setting Beneficiary vs. Revocable Trust (probate)
Replies: 4
Views: 373

Setting Beneficiary vs. Revocable Trust (probate)

My grandparents and parents have a revocable trust to avoid probate in Illinois. I've been told by them that probate on estates over 100k can be very expensive in Illinois. In searching, I've not really seen that unless the case gets "complicated". So, if anyone can weigh in on probate costs in Illi...