Search found 2095 matches

by michaeljc70
Sat Jan 20, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 35
Views: 1641

Re: Telemarketing calls from my own prefix

The regulations are in place and have been for years. The TCPA is more than 20 years old. The TCPA allows for up to $3000 per call in violations and your state laws may offer more relief, for example north Carolina allows up to $5000 per call or $8000 per call total for spam calls. The problem is t...
by michaeljc70
Sat Jan 20, 2018 11:32 am
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 9331

Re: Besides Bogleheads, What Are Your Favorite Forums?

I'll venture over to mrmoneymustache from time to time. Some of the threads there feel like a black hole that you're sucked into for hours at a time. I much prefer this forum due to it's "actionable" rule. Sifting through pages upon pages of people bickering back and forth over the merits of paying...
by michaeljc70
Sat Jan 20, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 41
Views: 2514

Re: Do we need an emergency supplies kit (go bag)?

I don't because natural disasters are very rare where I live. If I lived in a place where earthquakes, hurricanes, wildfires, tornadoes, floods, etc. were common, then I would. I wouldn't go crazy though. Unless I lived in an isolated place (Puerto Rico).
by michaeljc70
Fri Jan 19, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 35
Views: 1641

Re: Telemarketing calls from my own prefix

I use an app on my phone (Hiya) to block most calls like this that are either not from a caller in my contact list or a verified business number. Every once in a while it will block a legitimate call, but it is right 99% of the time. I have Hiya, but I use Google Voice so I will still have missed c...
by michaeljc70
Fri Jan 19, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Gotta sell a boat - Looking for some advice
Replies: 16
Views: 1204

Re: Gotta sell a boat - Looking for some advice

I used boattrader.com. I don't think I even had to pay to list it (though this was 8 years ago). I also used that to come up with the price by looking at what else was out there.
by michaeljc70
Fri Jan 19, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 35
Views: 1641

Re: Telemarketing calls from my own prefix

I block all calls of that nature. Most of them won't repeat a call, but some of them do. As I understand it, they aren't actually calling from these numbers. They are spoofing it. So they can just move on to the next number (773-793-0001, 773-793-0002, etc). I guess after I've blocked all 1000......
by michaeljc70
Fri Jan 19, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 35
Views: 1641

Telemarketing calls from my own prefix

Lately I have been receiving 10-30 calls a week from numbers similar to my cell number (same area code and prefix). They also usually show a "friendly" name like "Ashley" or "John Jones". I Googled it and apparently it is called "neighbor spoofing". I almost never answer any call that isn't in my co...
by michaeljc70
Fri Jan 19, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3446

Re: I got a Roomba and think you should too

1000 sq. foot how long would that take you to vacume? Maybe 3 to 5 minutes. To me, a complete waste of money! The other day I was at Bed bath & beyond they had a $499.00 blow dryer!! LOL Can you believe somebody would pay that for a blow dryer? +1 I had a Roomba and found it got stuck and didn't wo...
by michaeljc70
Thu Jan 18, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4655

Re: Nostalgic about old online brokerages that no longer exist

I don't have any nostalgia as I used discount brokers my whole life and they were nothing special except cheap. But by today's standard, they weren't even that cheap. I remember having a National Discount Brokers account and Brown account. They got bought and rolled into something else.
by michaeljc70
Thu Jan 18, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5592

Re: Trying to downsize but still too much stuff

, two boxes are family heirlooms, containing things like two musical instruments with a great deal of family history that someone younger in the family might want some day. Perhaps it's time for someone else in the family to safeguard them. If no one will, you should consider revising your expectat...
by michaeljc70
Wed Jan 17, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24635

Re: Hitting The Sell Button

Thought I'd add this I just came across: "Why ditching stocks in this bull market is a ‘dangerous’ move" https://www.marketwatch.com/story/dont-ditch-the-bull-market-its-dangerous-to-be-out-of-stocks-top-uk-fund-manager-says-2018-01-16 “The last two years of the bull markets are the best,” he said. ...
by michaeljc70
Wed Jan 17, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 189
Views: 21466

Re: Do you have an umbrella policy?

About 0.03% of umbrella policies make a claim every year, and the average loss is about $500,000. If you drive from age 20 to age 80, then your lifetime risk of making an umbrella claim is about 2.1%. (85% of the umbrella premium goes to pay for excess auto liability.) This is also borne out by the...
by michaeljc70
Wed Jan 17, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 189
Views: 21466

Re: Do you have an umbrella policy?

I will confess, I should have one but don't. I got a quote a while ago and it was pretty high I thought (maybe $350 for $1M). I haven't been with my insurance company that long so I really don't want to change. Maybe I will put it all out to quote again. The fact that I haven't gotten the umbrella ...
by michaeljc70
Wed Jan 17, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 189
Views: 21466

Re: Do you have an umbrella policy?

I will confess, I should have one but don't. I got a quote a while ago and it was pretty high I thought (maybe $350 for $1M). I haven't been with my insurance company that long so I really don't want to change. Maybe I will put it all out to quote again. The fact that I haven't gotten the umbrella ...
by michaeljc70
Wed Jan 17, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 189
Views: 21466

Re: Do you have an umbrella policy?

I will confess, I should have one but don't. I got a quote a while ago and it was pretty high I thought (maybe $350 for $1M). I haven't been with my insurance company that long so I really don't want to change. Maybe I will put it all out to quote again. The fact that I haven't gotten the umbrella y...
by michaeljc70
Wed Jan 17, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Need to buy new printer. Suggestions for best value?
Replies: 30
Views: 1900

Re: Need to buy new printer. Suggestions for best value?

After having many other brands and them going out after 1-2 years, I've had good luck with Brother. I've also had good luck with non OEM cartridges on Amazon that cost around $10 for a set of 4. If you don't print a lot (which I don't), I've found printing something once a month will help keep the c...
by michaeljc70
Tue Jan 16, 2018 11:48 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3261
Views: 945000

Re: What Movie Have You Recently Watched?

I'd like to recommend an HBO series Big Little Lies . I was skeptical of this series at first because it seemed like one of those "rich people problems" shows, which is sort of accurate, but it really drew me in and I binged watched all 7 episodes of season one this weekend. Top notch cast, pace, a...
by michaeljc70
Tue Jan 16, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 6332

Re: Hot Water Delay at faucet/shower far from water heater

I think that water taking more than 1-2 minutes to be hot is showing that something may be wrong or extremely poorly thought out with the plumbing. I have either 1/2 or 3/4 copper running at most 25-30 feet from the water heater. I haven't timed the hot water to the farthest stretch, but I would gu...
by michaeljc70
Tue Jan 16, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2528

Re: Do people in the forum hold foreign bonds?

Yes. I keep 25% of my fixed income in international bonds (VTIBX). It is probably not enough of my portfolio to make a difference, but it is also not a lot of effort to hold it. There will be a time in my lifetime when the US is no longer the largest economy.
by michaeljc70
Tue Jan 16, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 9331

Re: Besides Bogleheads, What Are Your Favorite Forums?

If I hit a wall when doing anything around the house, I go to the forums at doityourself.com.
by michaeljc70
Mon Jan 15, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pay down? (vs credit score & near-term move)
Replies: 6
Views: 430

Re: mortgage pay down? (vs credit score & near-term move)

I wouldn't worry about your credit being impacted by paying off the mortgage if your credit is good. My Mother hasn't had a mortgage in 25 years and has a Fico over 800. Also, the paid off mortgage won't disappear from your credit report.
by michaeljc70
Mon Jan 15, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 100
Views: 6332

Re: Hot Water Delay at faucet/shower far from water heater

Couple of tips: Don't turn on the cold water when trying to get hot. Faucets are flow-limited, so turning full-on cold/hot taps will take approximately twice as long to heat up as the hot-only tap on. Same with the shower - turn all the way to hot for fastest heat up. On that note, all plumbing fix...
by michaeljc70
Sun Jan 14, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2139

Re: Do you correct cashier mistakes?

I don't view it as my responsibility to police megacorp and its employees for their benefit. I've experienced terrible customer service dozens of times in the last year from these big companies and have no sympathy for them. If I was dealing with a small business or individual, it is different to me...
by michaeljc70
Sun Jan 14, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Favorite Deal Aggregation site?
Replies: 7
Views: 712

Re: Favorite Deal Aggregation site?

I love Slickdeals, but I stay away from the Front Page deals. As you said, there is a lot of sponsoring that goes on there. The best place to find true deals is their Hot Deals forum. If you get lucky, you'll get in on great deals before they hit the front page. Yep. Way too many credit card "deals...
by michaeljc70
Sun Jan 14, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4457

Re: Almost a pathological fear of debt, to my detriment?

At 55 I was at work FedEx. As I was loading my truck something went in my hip. Missed 6 months Dr. said I had to go back to work. I could not. Here the choice work and be in pain 24hr a day or be done. If I had debt a car loan, house loan I would have been in very bad shape. I could not get SS beca...
by michaeljc70
Sun Jan 14, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Revised
Replies: 15
Views: 990

Re: Asset Allocation Revised

If you don't like risk, isn't diversification a good thing? What if we enter a period of high inflation? How will your portfolio perform? I think 35% is fine. But if you really aren't comfortable with it, don't do it. There are a lot of different types of risk. It seems you may be subject to inflati...
by michaeljc70
Sun Jan 14, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Firing real estate agent after offer made?
Replies: 29
Views: 3185

Re: Firing real estate agent after offer made?

The time to fire him was before he showed you a house you wanted. You are stuck now. He will get his money and no one else is going to do the work for free. You can try talking to the broker, but I doubt that will help.
by michaeljc70
Sun Jan 14, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2139

Re: Do you correct cashier mistakes?

I guess I'll be the odd man out and so no, I don't always. There are many times when I get home and look at a receipt and notice I didn't get the sale price or was charged for two items when I only bought one and it is too much trouble to go back to the store. So when they make a mistake the other w...
by michaeljc70
Sun Jan 14, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Favorite Deal Aggregation site?
Replies: 7
Views: 712

Re: Favorite Deal Aggregation site?

I check dealsofamerica.com and techbargains.com daily (actually usually more than once a day). I've found them to be among the better.
by michaeljc70
Sun Jan 14, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4457

Re: Almost a pathological fear of debt, to my detriment?

You need to look at the opportunity costs. It seems you are only looking at half the equation. What else can the money to pay off the debt be used for (401k match, IRA, savings, etc)?
by michaeljc70
Sat Jan 13, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7741

Re: Heading for a top?

Let's think about that though. In real terms, how much higher were markets at their future nadirs than the years you mentioned? 1974, or 1981, and 2002, or 2009? How did cash or bonds perform relatively, and on a risk adjusted basis? What were CAGRs from 1958-1981 or 1991-2009? Without cherry-picki...
by michaeljc70
Sat Jan 13, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24635

Re: Hitting The Sell Button

Age and experience have increased my risk tolerance. Having been through ‘87 in my late 20s, then 2000-1, and 2008, I see that I lost no money. In all cases, I closed my eyes for a few years and found I’d made a lot of money. Dips and crashes are to be expected. I don’t much enjoy them, but endurin...
by michaeljc70
Sat Jan 13, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: How much Umbrella Insurance coverage needed?
Replies: 60
Views: 9153

Re: How much Umbrella Insurance coverage needed?

I was struggling with this issue recently, because my wife got in several fender benders and we got kicked off our umbrella liability. During my research on what to do, I came across this thread, and several others in which people pointed out that its hard to come up with a meaningful rule for how ...
by michaeljc70
Sat Jan 13, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 315
Views: 23165

Re: What frugal thing did you do today?

I purchased an Instant Pot on Amazon after reading the Instant Pot thread on Bogelheads. I used my Amazon Prime Card and saved 5%, plus I saved $10 by signing up for the automatic reloading of my gift card. So , I did spend money but got a $15 discount. You'll save money using the Instant Pot since...
by michaeljc70
Sat Jan 13, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7741

Re: Heading for a top?

Though I don't believe in market timing, I have wondered if there are any good strategies that modestly shift AA based on market/economic indicator(s). For example, you always have an AA between 60/40 and 40/60 and shift it based on some predetermined indicator (CAPE, PE, etc). Maybe too modest to ...
by michaeljc70
Sat Jan 13, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2391
Views: 441651

Re: What's Your Credit Card Rewards Strategy?

I'm cheap and work credit card rewards (more for bonuses than cashback), but I don't know if it is worth the trouble to me to buy $1500 in gift cards I don't really need for a $75 reward. I buy restaurant gift cards around the holidays and often get a 20-25% bonus. I also buy them on resale sites an...
by michaeljc70
Sat Jan 13, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7741

Re: Heading for a top?

Though I don't believe in market timing, I have wondered if there are any good strategies that modestly shift AA based on market/economic indicator(s). For example, you always have an AA between 60/40 and 40/60 and shift it based on some predetermined indicator (CAPE, PE, etc). Maybe too modest to m...
by michaeljc70
Fri Jan 12, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1710

Re: Underwater 4-5k in vehicle.

Nope, only put down $3K and got a great deal on our brand-new Forester. Subarus keep their value and we were never underwater and have had more than $3K equity in the car (we also had a 1.2% loan which we overpaid every month). According to Edmunds, a 2017 Forester will lose $11k in depreciation ou...
by michaeljc70
Fri Jan 12, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1710

Re: Underwater 4-5k in vehicle.

Isn't everybody (with a car loan) underwater the moment they leave the dealership parking lot ? Nope, only put down $3K and got a great deal on our brand-new Forester. Subarus keep their value and we were never underwater and have had more than $3K equity in the car (we also had a 1.2% loan which w...
by michaeljc70
Fri Jan 12, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1710

Re: Underwater 4-5k in vehicle.

Isn't everybody (with a car loan) underwater the moment they leave the dealership parking lot ? Nope, only put down $3K and got a great deal on our brand-new Forester. Subarus keep their value and we were never underwater and have had more than $3K equity in the car (we also had a 1.2% loan which w...
by michaeljc70
Fri Jan 12, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1710

Re: Underwater 4-5k in vehicle.

There's no magic here. New cars are expensive and depreciate quickly. You can sell it yourself, and depending on the make/model/year it might be easy. I had a friend that couldn't practically give away a perfect condition Mercedes on Craigslist. That won't bridge the gap, but might halve it. Where I...
by michaeljc70
Fri Jan 12, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 2486

Re: House water detection and alert system?

I've been using the following device for remote monitoring of a home: http://www.waterheroinc.com/home/ It allows you to monitor water flow from your main line into the home remotely. One can manually remotely shut off the water supply, and it has email/phone alerts and ability for the main valve t...
by michaeljc70
Thu Jan 11, 2018 11:49 pm
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 2486

Re: House water detection and alert system?

People have mentioned the major things including the powered shut-off valve. However, assuming you don't have a tiny house, it occurs to me that unless you are putting sensors all over the place there could be significant damage before a sensor picks up the water. Practically, I think those are mor...
by michaeljc70
Thu Jan 11, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: How do you define middle class? Which class do you consider yourself in?
Replies: 23
Views: 2165

Re: How do you define middle class? Which class do you consider yourself in?

Personally, I see no merit in talking about "class". Everybody either thinks they are "poor" or "middle class". Even people in the top 1% of income say they are "middle class". It makes way more sense to simply use the terms: Lower income - bottom quintile Middle income - 2nd, 3rd, and 4th quintile...
by michaeljc70
Thu Jan 11, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2391
Views: 441651

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom includes internet/cable/phone services this quarter. Is there any reason not to prepay $1500 today on those? Well, that is paying quite some time in advance -- what if you want to change providers? My plan is to use Chase Freedom for gas until March, then see where I'm at and do at le...
by michaeljc70
Thu Jan 11, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: How do you time the market when you have to?
Replies: 14
Views: 939

Re: How do you time the market when you have to?

Op, The scenario you present is not one in which market timing is “necessary.” Just roll the funds over in immediately invest them in your desired allocation. JT It is timing, in that I had to TIME when I started the rollover. As stated, the funds had to be liquidated, and the money is out of the m...
by michaeljc70
Thu Jan 11, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5592

Re: Trying to downsize but still too much stuff

Having been in this situation and looking at your list: -3 boxes of personal papers. I am not sure exactly what that is, but cannot most of that be scanned in and stored in the cloud or on a USB drive or DVD? -5 boxes of sentimental things out of 18 seems like a lot. If some are photos, can they be ...
by michaeljc70
Thu Jan 11, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 2486

Re: House water detection and alert system?

People have mentioned the major things including the powered shut-off valve. However, assuming you don't have a tiny house, it occurs to me that unless you are putting sensors all over the place there could be significant damage before a sensor picks up the water. Practically, I think those are more...
by michaeljc70
Wed Jan 10, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 189
Views: 21466

Re: Do you have an umbrella policy?

Did a bunch of folks skip over my example of a 3 year old being injured that resulted in a $4MM settlement? The liability costs aren't for injuring rock stars and doctors, it's the cost of long term care. Sorry to be morbid, but the survival rates have much improved, but the medical costs have also...
by michaeljc70
Wed Jan 10, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 189
Views: 21466

Re: Do you have an umbrella policy?

Did a bunch of folks skip over my example of a 3 year old being injured that resulted in a $4MM settlement? The liability costs aren't for injuring rock stars and doctors, it's the cost of long term care. Sorry to be morbid, but the survival rates have much improved, but the medical costs have also...