Search found 5126 matches

by michaeljc70
Tue Jun 25, 2019 11:20 am
Forum: Personal Consumer Issues
Topic: Anyone make their own tortillas?
Replies: 37
Views: 3003

Re: Anyone make their own tortillas?

I wonder if you can freeze those Costco tortillas. 50 tortillas for two of us is a lot. I'm not familiar with the Costco tortillas, but generally you can freeze tortillas (or, at least, the flour ones). Might be best though to separate each tortilla with a sheet of wax paper or thin plastic sheet a...
by michaeljc70
Tue Jun 25, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: for those of you who sold a home...
Replies: 24
Views: 3018

Re: for those of you who sold a home...

They could get a professional appraisal, but they would have to pay for that. It still might be worth it before accepting some low ball offer. Professional appraisals largely aren’t worth the paper they are written on. Appraisals on new purchases almost always land at the purchase price. Rather hug...
by michaeljc70
Tue Jun 25, 2019 10:31 am
Forum: Personal Investments
Topic: Retired: Don't want to outlive my funds
Replies: 26
Views: 1396

Re: Retired: Don't want to outlive my funds

As I said above, you are in great shape. As I was reading your post part way through, I thought you were going to be trying to get $8k annually from the $70k.
by michaeljc70
Tue Jun 25, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: Anyone make their own tortillas?
Replies: 37
Views: 3003

Re: Anyone make their own tortillas?

I wonder if you can freeze those Costco tortillas. 50 tortillas for two of us is a lot.
by michaeljc70
Tue Jun 25, 2019 9:40 am
Forum: Personal Investments
Topic: Retired: Don't want to outlive my funds
Replies: 26
Views: 1396

Re: Retired: Don't want to outlive my funds

Welcome. You are likely not spending enough. 4% of $1 million is $40k additional income which should last for ~30 years. I would move the $1 million to Vanguard and put it in the LifeStrategy Income fund. 20% stocks, 80% bonds. You need some stocks to help keep up with inflation. Keep your hobby, k...
by michaeljc70
Tue Jun 25, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy a condo in Chicago?
Replies: 22
Views: 2592

Re: Should I buy a condo in Chicago?

Single professional guy here who purchased a condo on the northside in Chicago (Uptown) in 2006 or so and later sold it in 2012 or so. I would purchase a condo again, if I found the right one in the right location. I would NEVER purchase one in a building with a small number of units. My condo asso...
by michaeljc70
Tue Jun 25, 2019 8:51 am
Forum: Personal Investments
Topic: Botched transfer? Security sold instead of transferred
Replies: 11
Views: 404

Re: Botched transfer? Security sold instead of transferred

Problem solved! Will add an update to original post. This is part of the email from Vanguard: The following order executed on 06/25/2019 at 9:01 AM, Eastern time: Account: XXXX Transaction type: Sell Order type: Limit Security: VANGUARD TOTAL BOND MARKET ETF (BND) Quantity: 0.629 share(s) Price:* $8...
by michaeljc70
Tue Jun 25, 2019 8:49 am
Forum: Personal Investments
Topic: Botched transfer? Security sold instead of transferred
Replies: 11
Views: 404

Re: Botched transfer? Security sold instead of transferred

If you ordered that TDA initiate a transfer of a security from Vanguard to TDA then there is no way there could be a sell order. TDA does not have any authority to initiate a sale of your securities at Vanguard. Hopefully your instructions to TDA were in writing and you can have them follow up on t...
by michaeljc70
Tue Jun 25, 2019 8:42 am
Forum: Personal Investments
Topic: Botched transfer? Security sold instead of transferred
Replies: 11
Views: 404

Re: Botched transfer? Security sold instead of transferred

livesoft wrote:
Tue Jun 25, 2019 8:38 am
Instead of BND, I think you will probably want to choose SPAB which is the BND equivalent. Full disclosure: I own SPAB, VBTLX, et al.
Thanks. I hadn't looked into that yet. I see it is on their commission-free ETF list.
by michaeljc70
Tue Jun 25, 2019 8:35 am
Forum: Personal Investments
Topic: Botched transfer? Security sold instead of transferred
Replies: 11
Views: 404

Re: Botched transfer? Security sold instead of transferred

I opened a Roth IRA at TDA (where I have the rest of my accounts). I asked TDA for a transfer from Vanguard to TDA. I specifically asked for my securities to be transferred. I just got an email that Vanguard sold my BND. I guess this is not the end of the world and I can rebuy it at TDA when the mo...
by michaeljc70
Tue Jun 25, 2019 8:34 am
Forum: Personal Investments
Topic: Botched transfer? Security sold instead of transferred
Replies: 11
Views: 404

Re: Botched transfer? Security sold instead of transferred

If you ordered that TDA initiate a transfer of a security from Vanguard to TDA then there is no way there could be a sell order. TDA does not have any authority to initiate a sale of your securities at Vanguard. Hopefully your instructions to TDA were in writing and you can have them follow up on t...
by michaeljc70
Tue Jun 25, 2019 8:08 am
Forum: Personal Investments
Topic: Botched transfer? Security sold instead of transferred
Replies: 11
Views: 404

Botched transfer? Security sold instead of transferred

I opened a Roth IRA at TDA (where I have the rest of my accounts). I asked TDA for a transfer from Vanguard to TDA. I specifically asked for my securities to be transferred. I just got an email that Vanguard sold my BND. I guess this is not the end of the world and I can rebuy it at TDA when the mon...
by michaeljc70
Tue Jun 25, 2019 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 3775

Re: Triage in ER - charged $790

I recently had a small emergency that took me to the ER, after a long business trip. I had to wait about 15 minutes before getting treated. I was swarmed by a team of doctors. They did a battery of tests, including chest x-rays, blood tests, and a heart scan. All of the results were done on the spo...
by michaeljc70
Tue Jun 25, 2019 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy a condo in Chicago?
Replies: 22
Views: 2592

Re: Should I buy a condo in Chicago?

Single professional guy here who purchased a condo on the northside in Chicago (Uptown) in 2006 or so and later sold it in 2012 or so. I would purchase a condo again, if I found the right one in the right location. I would NEVER purchase one in a building with a small number of units. My condo asso...
by michaeljc70
Tue Jun 25, 2019 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 3775

Re: Triage in ER - charged $790

bottlecap wrote:
Mon Jun 24, 2019 8:40 pm
Another vote for pay it and move on.

You made a mistake by going.

You made another mistake by leaving without trying to deal with the bill then and just hoping for the best.

After leaving, you sealed your fate with respect to the bill.

JT
I agree. ER for vomiting and nausea?
by michaeljc70
Tue Jun 25, 2019 6:18 am
Forum: Personal Finance (Not Investing)
Topic: for those of you who sold a home...
Replies: 24
Views: 3018

Re: for those of you who sold a home...

The realtor doesn't need to know the mortgage balance. All they want to know is if it will be a short sale. They should hire a realtor who will list it "as is". They often include language in the description like "fixer upper". Where I live, you can often negotiate the commission down to 5%. A realt...
by michaeljc70
Mon Jun 24, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: TDA - capital gains harvest = short term trading fee?
Replies: 7
Views: 300

Re: TDA - capital gains harvest = short term trading fee?

Don't tell us. Tell them. I cannot give you $13.90 back, but they can do it. It is really easy, but if you don't ask them, then you won't get it. It is best to sit across a desk from them and not use the phone. You have to look them in the eye as if they are dead meat if you don't get the $13.90. I...
by michaeljc70
Mon Jun 24, 2019 9:08 am
Forum: Investing - Theory, News & General
Topic: TDA - capital gains harvest = short term trading fee?
Replies: 7
Views: 300

Re: TDA - capital gains harvest = short term trading fee?

TDA said that it is within 30 days (apparently either way?) I responded that it clearly says "may be subject to a holding period that commences with any purchase and extends through the following THIRTY (30) calendar days". Following means following. Aggravating to spend time on something so trivial...
by michaeljc70
Sun Jun 23, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2051

Re: Any Mint Mobile customers here?

Maybe if you need the data. I use very little data, and my unlimited talk & text plan beats Mint by $15/mo. Can you share with us your carrier’s name? Xfinity mobile, on the Verizon network. Many threads here on this service. I'd be quite surprised if there were no taxes or fees on the Xfinity mobi...
by michaeljc70
Sun Jun 23, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2051

Re: Any Mint Mobile customers here?

Very happy with Mint. $15/month cannot be beat. Maybe if you need the data. I use very little data, and my unlimited talk & text plan beats Mint by $15/mo. Can you share with us your carrier’s name? Xfinity mobile, on the Verizon network. Many threads here on this service. I'd be quite surprised if...
by michaeljc70
Fri Jun 21, 2019 3:12 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 165
Views: 12106

Re: what was your worst major purchase mine is a 2019 mazda3

At the urging of my SO at the time, we bought a yet to be built condo to flip in a new conversion downtown. I would have never done it on my own (especially without more due diligence). I wound up selling it (acting as selling agent) and we didn't really lose money after all was said and done (excep...
by michaeljc70
Fri Jun 21, 2019 2:28 pm
Forum: Personal Investments
Topic: Roth conversions-easier if at same brokerage
Replies: 10
Views: 762

Re: Roth conversions-easier if at same brokerage

Thanks for the replies. I'll be transferring the Roth from Vanguard to TDA to keep things simple. As I've detailed in other posts I prefer not to deal with Vanguard anymore and this was just one account I hadn't gotten to transferring. I definitely think that it makes sense to do the conversion at ...
by michaeljc70
Fri Jun 21, 2019 12:20 pm
Forum: Personal Investments
Topic: Roth conversions-easier if at same brokerage
Replies: 10
Views: 762

Re: Roth conversions-easier if at same brokerage

Thanks for the replies. I'll be transferring the Roth from Vanguard to TDA to keep things simple. As I've detailed in other posts I prefer not to deal with Vanguard anymore and this was just one account I hadn't gotten to transferring.
by michaeljc70
Fri Jun 21, 2019 9:51 am
Forum: Investing - Theory, News & General
Topic: TDA - capital gains harvest = short term trading fee?
Replies: 7
Views: 300

TDA - capital gains harvest = short term trading fee?

Yesterday I sold around $140k worth of SPTM (SPDR Total Stock) to do some capital gain harvesting at 0%. I bought the shares back within a couple of minutes. It is a no-fee ETF. I was surprised to be hit with a $13.90 short-term trading fee. Obviously, $14 is not the end of the world. However, accor...
by michaeljc70
Thu Jun 20, 2019 1:27 pm
Forum: Personal Consumer Issues
Topic: Xfinity broadband: should I try to negotiate a better deal?
Replies: 39
Views: 3415

Re: Xfinity broadband: should I try to negotiate a better deal?

I had a great experience at the Xfinity board at Reddit - https://www.reddit.com/r/Comcast_Xfinity/. It is monitored by Comcast reps who I found to be extremely nice and helpful. I posted that my discount was expiring and if there was anything they could do. A rep asked me to direct message him wit...
by michaeljc70
Thu Jun 20, 2019 11:44 am
Forum: Personal Consumer Issues
Topic: Xfinity broadband: should I try to negotiate a better deal?
Replies: 39
Views: 3415

Re: Xfinity broadband: should I try to negotiate a better deal?

I had a great experience at the Xfinity board at Reddit - https://www.reddit.com/r/Comcast_Xfinity/. It is monitored by Comcast reps who I found to be extremely nice and helpful. I posted that my discount was expiring and if there was anything they could do. A rep asked me to direct message him wit...
by michaeljc70
Thu Jun 20, 2019 11:17 am
Forum: Personal Investments
Topic: Roth conversions-easier if at same brokerage
Replies: 10
Views: 762

Re: Roth conversions-easier if at same brokerage

If you are going to be doing multiple conversions then it would be much easier to consolidate the 2 accounts. The question is, why do you have seperate accounts? I personally like having multiple accounts, and see nothing wrong with it. I don't have multiple accounts of the same type. I have a tIRA...
by michaeljc70
Thu Jun 20, 2019 11:08 am
Forum: Personal Investments
Topic: Roth conversions-easier if at same brokerage
Replies: 10
Views: 762

Roth conversions-easier if at same brokerage

I have a Roth remaining at Vanguard and the rest of my accounts are at TDA. I am going to start doing Roth conversions this year due to retiring. My question is will it be easier/quicker if the tIRA and Roth are at the same place? It seems like doing a trustee to trustee transfer could take days whe...
by michaeljc70
Wed Jun 19, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: "Quitten" - Replacing Quicken with Google Sheets
Replies: 39
Views: 4062

Re: "Quitten" - Replacing Quicken with Google Sheets

We used Quicken for almost 10 years and stopped cold about a decade ago. We simply did not see any value and thought time could be used with more meaningful and enjoyable things. No regrets. I'm envious. I'd like to be able to just let go, not hang onto all this data. But as a former accountant, I ...
by michaeljc70
Wed Jun 19, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire in 1 year at 53
Replies: 54
Views: 9108

Re: Can I retire in 1 year at 53

With a 3% withdrawal rate you should be fine, financially. I would make sure all your assumptions and numbers are accurate. As to whether you can adjust psychologically to being retired, you ll probably be fine. I ve seen some, mostly relatively high achievers, who got bored with retirement and som...
by michaeljc70
Wed Jun 19, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: "Quitten" - Replacing Quicken with Google Sheets
Replies: 39
Views: 4062

Re: "Quitten" - Replacing Quicken with Google Sheets

To each his own, but given that Quicken isn't that expensive and provides a lot more functionality and automation than this, I think this is a lot of work for little return. I have been using Quicken for 20+ years and have been disappointed with a lot of things over the years. However, unless I need...
by michaeljc70
Wed Jun 19, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Waiting to prepay mortgage until you can pay the whole thing off?
Replies: 28
Views: 3238

Re: Waiting to prepay mortgage until you can pay the whole thing off?

I don't think this makes sense. You are putting the money into something that is earning less than your mortgage rate if it is a risk-free short-term investment. There is no paying less because of inflation because you are losing inflation on the money you put into the short-term investment. If you ...
by michaeljc70
Wed Jun 19, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire in 1 year at 53
Replies: 54
Views: 9108

Re: Can I retire in 1 year at 53

BAM! wrote:
Wed Jun 19, 2019 1:32 am
how are you only paying 5k in taxes with 150k income?
That was exactly my thought.
by michaeljc70
Tue Jun 18, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 522
Views: 42894

Re: Why are you NOT buying rental properties?

Buy a good property at below market price in an up and coming neighborhood and you don’t have to worry about a measly 10-20% rent. OP, i'm curious about your "below market price" statement. Are you buying individual homes which are for sale in the public market? if so, i don't know that you're buyi...
by michaeljc70
Tue Jun 18, 2019 9:53 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 72
Views: 3911

Re: Toyota Sienna tire replacement at 12k miles

You don't need run flats. And don't use fix a flat unless you want a mess inside your tire and on your rims. I would get a AAA membership and/or use Uber. Cars stop running for all sorts of reasons that run flats won't help with. JT +1 Do you live in the middle of nowhere? Does your wife have a cel...
by michaeljc70
Tue Jun 18, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: GPS Watch for tracking dementia patient
Replies: 12
Views: 1101

Re: GPS Watch for tracking dementia patient

My nephew (6 years old) has the Gizmo watch after a few scary incidents where he went "missing". As pointed out above, it needs to be charged regularly. Like every 2 or 3 days. I think that would be the problem with a device like this. There needs to be someone there to 1) ensure it stays charged an...
by michaeljc70
Tue Jun 18, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: losing medicaid, needing to go on affordable care act
Replies: 13
Views: 1466

Re: losing medicaid, needing to go on affordable care act

Thanks all for your guidance. Between healthcare.gov and www.kff.org/interactive/subsidy-calculator/, I have been able to gain a pretty good understanding of options and costs. She provided me her doctors and drugs, so I have been able to find a silver plan which includes most of her providers and ...
by michaeljc70
Mon Jun 17, 2019 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 522
Views: 42894

Re: Why are you NOT buying rental properties?

In Minneapolis, they are going to remove some of the screening rights of landlords... Or at least that's what's proposed. I get some shady people inquiring on my rental when I do a turnover... criminal record and questionable income sources People who say they don't smoke but smell of smoke. One gu...
by michaeljc70
Mon Jun 17, 2019 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: losing medicaid, needing to go on affordable care act
Replies: 13
Views: 1466

Re: losing medicaid, needing to go on affordable care act

She should receive documentation (from the government) that would indicate she qualifies for a qualifying event so she doesn't have to wait until open enrollment. At $20k, she should be able to get a big subsidy and possibly qualify for cost reductions as well. As others said, the state/county makes...
by michaeljc70
Mon Jun 17, 2019 10:07 pm
Forum: Personal Consumer Issues
Topic: Restore Corrupted External Hard Drive
Replies: 20
Views: 1264

Re: Restore Corrupted External Hard Drive

These were backed up 7-9 years ago and the drive just sat? Where/how was it stored? I am not surprised there is an issue. I agree with the other advice that I would try the drive outside the casing using a cable or other enclosure. Being that old, I doubt that will work. As others said, this can tur...
by michaeljc70
Mon Jun 17, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 522
Views: 42894

Re: Why are you NOT buying rental properties?

So your dad made good money in real estate. He could have easily hired a property manager/handyman but he chose to do the work himself. That is his choice. Likely the reason they made good money is because they didn't have to pay a property manager and handyman. Buy a good property at below market ...
by michaeljc70
Mon Jun 17, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 522
Views: 42894

Re: Why are you NOT buying rental properties?

There are two reasons that I am not buying rental properties: liability estate planning Liability ... Estate planning I have a friend whose parents were doctors, and owned one rental property. When they passed, it was up to my friend and his siblings to learn how to manage the property and decide w...
by michaeljc70
Mon Jun 17, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 522
Views: 42894

Re: Why are you NOT buying rental properties?

There are two reasons that I am not buying rental properties: liability estate planning Liability I have a cousin who makes his living doing real estate investing. He describes a type of person / lawyer who sues for every little thing, in the hope of one day "striking it rich". I don't know how oft...
by michaeljc70
Mon Jun 17, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Capital One will only send security notices if you let them spy on you once in a while
Replies: 46
Views: 3043

Re: Capital One will only send security notices if you let them spy on you once in a while

To me this is a big hoo-ha over nothing. Everyone can track whether you opened an email.

Vanguard threatened to turn all my investments over to the state because the USPS erroneously returned one piece of email from them.
by michaeljc70
Mon Jun 17, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 522
Views: 42894

Re: Why are you NOT buying rental properties?

I always wanted to own rental property and even came close to buying a couple 3 flats years ago. In the big city where I live, it is very hard to cash flow positive (or even come close) on anything I'd want to own (I don't want to be a slum landlord). That is the main reason I don't buy them. It see...
by michaeljc70
Mon Jun 17, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 74
Views: 4453

Re: 40+% increase in auto policy (GEICO) - normal?

If you're a Costco member, get Ameriprise through them. Saved me a bundle. I tried this recently. They immediately declined (online) to underwrite a home policy. They gave no reason. Given the limited information I gave, it seems like if any part of your roof is flat they won't write a policy. They...
by michaeljc70
Sat Jun 15, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: US Citizen Retiring in Ireland
Replies: 30
Views: 3774

Re: US Citizen Retiring in Ireland

My vague impression is that high tax "European" countries are high tax because they provide things like "free" healthcare and many other substantial social services, including to the elderly. I don't know if Ireland is in this category, but this is something to take into account. Yes, but if they m...
by michaeljc70
Sat Jun 15, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home without income
Replies: 8
Views: 1370

Re: Buying a home without income

You've touched on why co-ops are usually quite a bit cheaper than condos. They control who you can sell it to. I would be concerned that 1) and 2) might raise an issue with the co-op board. I'd check into that if you choose one of those.
by michaeljc70
Sat Jun 15, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 100
Views: 15459

Re: Do not use Personal Capital

What exactly is the issue here? Of course they have visibility into your accounts, how else would the advisor provide you with advice? Although they can have access, I should have the ability to control that access. So, you want some of their services for free and want to hinder their attempts to m...
by michaeljc70
Fri Jun 14, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card sign on bonus suggestion
Replies: 32
Views: 2924

Re: Credit card sign on bonus suggestion

So trying to get the thread back on my original question, I have now narrowed down to two possibilities. I plan to spend ~$5,000 on travel (~$2,500 on airline tickets, $2,500 on airbnb). 1) Chase Ink Business Preferred : 80,000 points sign-on bonus, plus 3x points on travel. So if I purchase the fu...