Search found 413 matches

by DetroitRick
Sat Oct 21, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab- which money market fund? (taxable account)
Replies: 15
Views: 558

Re: Schwab- which money market fund? (taxable account)

I basically quit using money market funds at Schwab, for a while now. In my taxable account, for those very rare times where I'm really parking enough cash to matter, I just move it to my Barclays Savings (current rate 1.3%) and then move it back when needed. It's fast enough to be a substitute for ...
by DetroitRick
Wed Oct 18, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Best smartphone
Replies: 37
Views: 2361

Re: Best smartphone

So far, best for me has been Nexus 6p. Extremely reliable (I didn't experience that boot loop issue, knock on wood, as others have), decent battery life (at 1.5 years), fast, nice screen, no bloatware. Especially love the immediate Android updates direct from Google. And having an unlocked phone. Re...
by DetroitRick
Wed Oct 18, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 49
Views: 3534

Re: anhybody buying bitcoin

Not yet, but eventually. It's just too volatile now for my intended usage. Really, I would love to use it as a transactional currency for some day-to-day expenses, and absolutely expect to do so in the future. But as an investment, no. Not now, not ever. Really, I hold this opinion for much the same...
by DetroitRick
Sat Oct 14, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46491

Re: Quicken's future direction - a cause for concern

A hint of what lies in store (and online ;) ) for US-based Quicken users: Since Office Depot has already spilled the beans... What can be learned from their ad? Notice that the subscription is for two years not one. The prices seem like "non discounted" in comparison to what they did with Quicken 2...
by DetroitRick
Thu Oct 12, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Antivirus Software Recommendations
Replies: 41
Views: 2799

Re: Antivirus Software Recommendations

I've found this site to be particularly useful in assessing alternatives. These people test under various operating systems (you'll see selections for Mac, Windows and Android; then you'll pick exact version). Tests are pretty extensive, but are nicely summarized as to performance, protection and us...
by DetroitRick
Wed Oct 11, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Pro and cons of the Prime offer by Amazon.......
Replies: 39
Views: 3682

Re: Pro and cons of the Prime offer by Amazon.......

For us, these are the pros, all of which we use extensively: Prime Video - not the biggest catalog, but enough stuff that interests us, especially some of the Amazon-produced series (like Bosch). Prime Music - great library of tunes to get us out of a musical rut. Especially handy when I can walk in...
by DetroitRick
Tue Oct 10, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Schwab money market fund for my mom? How safe?
Replies: 5
Views: 363

Re: Schwab money market fund for my mom? How safe?

Based on your not wanting to open another account (I'm assuming you have some variety of Schwab brokerage account in addition to the checking), plus wanting cash-like safety, I'd definitely suggest looking at the brokered CD's at Schwab (since her account is already there). Schwab offers competitive...
by DetroitRick
Mon Oct 09, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: What to do with unused paint?
Replies: 38
Views: 2332

Re: What to do with unused paint?

Latex paint - I never have significant quantities left over: take lid off can, let it dry out thoroughly, toss it in trash.
Oil based - only use oil-based primers and only rarely, so I just use them up any way I can (2nd coat on project, typically).
by DetroitRick
Mon Oct 09, 2017 4:09 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6397

Re: Has your "risk tolerance" been tested?

Yes, it was tested big-time twice (tech crash in 2000-1, last recession 2008-9), and many lesser times along the way. My investments prior to 1990 were minimal. But all this really only had a few minor impacts on my asset allocation. I pretty much always realized events like these were possibilities...
by DetroitRick
Mon Oct 09, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Health Care for 2018, Curious About Other's Increases
Replies: 21
Views: 2528

Re: Health Care for 2018, Curious About Other's Increases

Assuming 2018 rates currently under review by state are approved (they almost always are here): ACA Silver policy, HMO (decently broad network), SE Michigan Blue Cross: 2018 premium increase for us is 17.6%, assuming cost sharing subsidies are paid Or 32.9% if they are not Our state allowed dual sub...
by DetroitRick
Sun Oct 08, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 53
Views: 3284

Re: Password Protection

Thanks, everyone, for responding to my question - things make a lot more sense now. I now realize that transitioning to a password manager is a much bigger task than I thought - needing to change the passwords for all of my sights, then install the program on my wife's computer and my computer and ...
by DetroitRick
Fri Oct 06, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: ALL account on Quicken?
Replies: 11
Views: 943

Re: ALL account on Quicken?

I keep them all on Quicken and update (One Step Update) all automatically - multiple credit cards, bank accounts, brokerage accounts. You can hide accounts in Quicken anyway. By keeping everything updating and visible, I can spot problems and errors quicker. Once an account is closed, then I'll hide...
by DetroitRick
Fri Oct 06, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 53
Views: 3284

Re: Password Protection

With two Windows pcs and an Android smartphone, I wouldn't be without one anymore. You might find this recent article from PC Magazine helpful, especially the list of functions that the various password managers support. You can then determine which functions are important to you. https://www.pcmag....
by DetroitRick
Thu Oct 05, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: Throwing Down with a Primerica Advisor
Replies: 45
Views: 3249

Re: Throwing Down with a Primerica Advisor

Pretty much agree with most others posting here. Two statements in your post kind of answer your question - don't bother. You said that your were tired of these types of folks ("half-informed income seekers", I love that!) and that, essentially, this was not really a friend. Save your time and energ...
by DetroitRick
Tue Oct 03, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: Need compact point and shoot camera recommendations
Replies: 32
Views: 1935

Re: Need compact point and shoot camera recommendations

Thanks so much for the recommendations! I am really stuck! Is there such a thing as a camera store that lets you try cameras anymore? Or at least has knowledgeable staff on hand to tell you realistically what you can expect from a camera? I live in a small city, and we don't have anything like that...
by DetroitRick
Mon Oct 02, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Past problem with Universal Life assumptions
Replies: 7
Views: 407

Re: Past problem with Universal Life assumptions

Here's a recent article on the topic, similar to what you described with premium increases (Forbes, April 2017): https://www.forbes.com/sites/nextavenue/2017/04/21/a-problem-with-life-insurance-thats-universal/#19bdd02e3368 I've still got one in force and have not experienced this, but it is common....
by DetroitRick
Mon Oct 02, 2017 8:30 am
Forum: Investing - Theory, News & General
Topic: Marketing be damned: I am a speculator!
Replies: 6
Views: 1215

Re: Marketing be damned: I am a speculator!

I especially like your comment: "I don't cloud my consciously chosen risky financial behavior in comfy semantics". Personally, I view the lines between investing and speculating as blurry. And I do both without apology. What is important to me is the "consciously chosen" part. I"m both an investor a...
by DetroitRick
Sat Sep 30, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46491

RE: Password issues If one of your institutions connects to Quicken using Express Web Connect, then Quicken has your password (but encrypted, of course). However, if your institution connects via Direct Connect, Quicken DOES NOT have your password. Also, it's important to understand that using Direc...
by DetroitRick
Fri Sep 29, 2017 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Problems obtaining a free annual Equifax credit report online
Replies: 30
Views: 2209

Re: Problems obtaining a free annual Equifax credit report online

Yes. For both wife and me, on 9/26 and today (9/29). But I'm going in through the TrustedID service at Equifax, versus the annualcreditreport.com site. And that TrustedID Equifax website is plagued off and on with issues. At various times over the last week - website down, website slowed to crawl, a...
by DetroitRick
Thu Sep 28, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46491

Re: Quicken's future direction - a cause for concern

Smooth, issue-free ID transition for me too. Even with multiple Quicken files and multiple PC's. I'm relieved. As each upgrade, minor update, and then this latest transition goes well, I'm building more confidence that Quicken has gotten their act together. Even more so after the split from Intuit. ...
by DetroitRick
Mon Sep 25, 2017 10:42 am
Forum: Personal Consumer Issues
Topic: Tipping question....Applebees
Replies: 87
Views: 6821

Re: Tipping question....Applebees

I see it all the time, and it doesn't bother me at all. As to the tip on tax, no problem here. But I actually like the whole custom of tipping anyway. But a $75 bill @ 6% tax is $4.50 tax, so an "extra" $.90 tip at 20%. I round my tips up and usually tip more anyway. But we've been on a multi-year s...
by DetroitRick
Mon Sep 25, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Schwab.com login trouble?
Replies: 15
Views: 1573

Re: Schwab.com login trouble?

Just tried clicking the Forgot Password link. Monday, 9:29 am edt. Got the "Reset Your Password" inputs just fine. I vaguely remember getting the first half of that message "An error occurred while..." once in a rare time when logging in. Not often, though, and I'm using Dashlane as password manager...
by DetroitRick
Sun Sep 24, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Transition to new health insurance company - cautions?
Replies: 10
Views: 741

Re: Transition to new health insurance company - cautions?

The single biggest thing to watch for next year under ACA for many of us (besides premiums of course) is breadth of provider networks (PPO's and HMO's). This issue varies in the extreme, depending on exactly which rating zone you are in. So not only does this vary state-to-state, but in many places,...
by DetroitRick
Sat Sep 23, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 4329

Re: Asking for no wedding gifts

We did it by simply including that request on the printed wedding invitations themselves. We had a small wedding - around 40 to 45. Our situation: both middle-aged and second marriages. Everybody understood and, to the best of my knowledge, appreciated it. A few still gave gifts or cash, most did no...
by DetroitRick
Fri Sep 22, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8265

Re: Age you retired

Retired from career at age 50 (49.75 years). Then did some other stuff for 2 years, part-time mostly. Then (and now) totally retired. Final 40% of career was international trade, first 60% was finance and marketing and combinations thereof.
by DetroitRick
Thu Sep 21, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Time for a new laptop?
Replies: 46
Views: 2335

Re: Time for a new laptop?

As a number of others have mentioned, the mere presence of errors and warnings in those logs is common. They can be anything from trivial, to things that have already been repaired, to serious. While I use those logs once in a while to find the source of a problem, I find them far more time-wasting ...
by DetroitRick
Wed Sep 20, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Do you pay for credit monitoring?
Replies: 25
Views: 1315

Re: Do you pay for credit monitoring?

[/quote] Which service do you use? Sounds great to get instant notificaiton. [/quote] It's Itac Sentinel (itacsentinel.com). AAA offers something similar to its members in most states too - for a premium price of $8.99 on top of their free credit monitoring service. Just to clarify, by "instant" I t...
by DetroitRick
Wed Sep 20, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Do you pay for credit monitoring?
Replies: 25
Views: 1315

Re: Do you pay for credit monitoring?

Yes, $12.99/mo. It gives me 2 features that I can't get for free and that I need at the moment: 1)quarterly full credit reports from all 3 bureaus, 2)instant notification of activity at those 3 bureaus (which I tested, and it works). Other features too, but those are why I specifically pay the big ...
by DetroitRick
Tue Sep 19, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Do you pay for credit monitoring?
Replies: 25
Views: 1315

Re: Do you pay for credit monitoring?

Yes, $12.99/mo. It gives me 2 features that I can't get for free and that I need at the moment: 1)quarterly full credit reports from all 3 bureaus, 2)instant notification of activity at those 3 bureaus (which I tested, and it works). Other features too, but those are why I specifically pay the big b...
by DetroitRick
Tue Sep 19, 2017 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Scottrade pain coming...
Replies: 17
Views: 2658

Re: Scottrade pain coming...

Schwab might be one possible alternative - although not a perfect match with your criteria. While their non-NTF funds are more costly, $76 on the buy ($0 on sale), they have been expanding their selection of no fee funds. For example, they just moved all T Rowe Price funds into their NTF universe th...
by DetroitRick
Tue Sep 19, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 12512

Re: Any "average Joe" here actually make out well with individual stocks?

Yes. Particularly for the last 10 years, where I've consistently held a diversified portfolio of stocks (39 as of today). I should say partially diversified - small caps are under-represented in my stock portfolio, as are emerging markets. Return-wise, I've done slightly better than I could have don...
by DetroitRick
Tue Sep 19, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Online Bill Pay Security: Push or Pull?
Replies: 102
Views: 4597

Re: Online Bill Pay Security: Push or Pull?

I agree, neither is fool-proof, so security-wise it's not something that determines my choice of the two. I've used both "push and pull", but now I use entirely "pull" for reasons relating only to work-flow. Plus, for nearly all bills, I'm paying by credit card anyway (only a few exceptions where I ...
by DetroitRick
Sun Sep 17, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Free credit monitoring for AAA members
Replies: 16
Views: 1829

Re: Free credit monitoring for AAA members

Would you mind telling us which service you use for $12.99? It's ITAC Sentinel, the Plus version. I started using it after my bank gave me a one-year subscription following a security breach. Here's a couple of articles that refer to it: From Kiplingers back in 2013: http://www.kiplinger.com/articl...
by DetroitRick
Sat Sep 16, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Free credit monitoring for AAA members
Replies: 16
Views: 1829

Re: Free credit monitoring for AAA members

I just signed my wife up this week. I think the service is of minimal value. They do say that benefits vary by AAA region. For us: free daily monitoring of Experian report (including email alerts of changes). Plus stuff like identity theft insurance, fraud resolution support and "lost wallet assista...
by DetroitRick
Sat Sep 16, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Have Obamacare and want to self pay
Replies: 16
Views: 1454

Re: Have Obamacare and want to self pay

One possible solution - if you are in an HMO you can certainly pay out of pocket to go out of network. At least in my state. In some ACA rating zones, only HMO's are available anyway. And that is trending upwards. So that might be at least one work-around. Of course, you will still have to choose a ...
by DetroitRick
Fri Sep 15, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: How long did it take for Equifax to email you a security sign up?
Replies: 69
Views: 5427

Re: How long did it take for Equifax to email you a security sign up?

Wife, "affected", sign-up started morning of 13th, still waiting on email to complete. Me, "probably not affected", sign-up started morning of 14th, still waiting on email to complete. Update on 17th - still no response. Initiated another sign-up for wife on the 16th, no response to that either. Hav...
by DetroitRick
Thu Sep 14, 2017 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Bank charges monthly fee for Quicken and Quickbooks
Replies: 6
Views: 625

Re: Bank charges monthly fee for Quicken and Quickbooks

It's pretty rare, and none of the banks I use charge a fee. But there are some, Well Fargo being a big one that does. I use 5 different banks among the family members I have connected to Quicken, big and small, national and local, internet/Illinois/Michigan, and none of ours do. I've only experience...
by DetroitRick
Tue Sep 12, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: What Will Home Care Cost?
Replies: 34
Views: 3975

Re: What Will Home Care Cost?

RE: your question on the letter My apologies for missing your specific question on that doctor's letter itself - I'm not sure how it got past me. After reading through the IRS requirements, several elder care sources, and then after talking specifically to her tax preparer myself (he's an Enrolled A...
by DetroitRick
Mon Sep 11, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: 24 care home care for family member
Replies: 23
Views: 2285

Re: 24 care home care for family member

I'll try to highlight our experience with this in the hope that it may be of some help to you. We've been using a home healthcare agency for my wife's mom since 2010 or 2011. We started out with very limited hours and now average around 22 hours per day, 7 days per week. Bottom line, the more you ca...
by DetroitRick
Thu Sep 07, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: How do you track expenses ?
Replies: 58
Views: 3606

Re: How do you track expenses ?

A potential consideration - is the tracking going to be a solo or collaborative effort? If the later, needs and abilities of multiple parties should be considered. My wife and I evolved a perfect system on the Quicken platform - I download transactions daily and classify my own, and she accesses the...
by DetroitRick
Wed Sep 06, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: How do you track expenses ?
Replies: 58
Views: 3606

Re: How do you track expenses ?

Quicken (Premier, Windows version) here, since 1997. I could use Excel, but really prefer the automated transaction download capability of Quicken. No way would I be willing to handle this manually myself (too many accounts, all needed, to otherwise handle manually). Mint works great for income and ...
by DetroitRick
Tue Sep 05, 2017 9:03 am
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 8227

Re: Do retiree BHs actually run down their portfolios?

I do think we make younger Bogleheads unnecessarily anxious. But then again, ask this question in 2008 and most of us would be a little less positive. Even so, I think a few things are often missing from this type of conversation - the individual needs that drive withdrawal rates and our personal ca...
by DetroitRick
Mon Aug 28, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 84
Views: 8338

Re: T-Mobile promotion for 55+

Thanks . Switched to this plan . Wondering if I still need to pay $42 to timewarner for internet connection with my new 27 inch iMac late 2015 model. I heard about tethering . Should this work with my T-Mobile plan and iMac ? If so and I can save$42 per month, how do I tether? Tia No problem, it sh...
by DetroitRick
Thu Aug 24, 2017 11:45 am
Forum: Personal Consumer Issues
Topic: Experience finding gas pump card skimmer?
Replies: 46
Views: 4202

Re: Experience finding gas pump card skimmer?

Skimmers are so common in my area, and they are getting so much harder to detect, this is one reason I started using Android Pay where offered. No security solution can be viewed in a vacuum, but I find this much safer here and now. Particularly with minimally-attended card machines (like gas statio...
by DetroitRick
Wed Aug 23, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 13996

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

Thanks to the OP for posting this. Both the Reddit thread and the linked pdf for the 1994 paper are especially relevant and interesting for me. It was great to hear directly from Bengen. His clarifying of certain assumptions, including inflation, economy and market conditions make the work all the m...
by DetroitRick
Sun Aug 20, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Buying NZX Stock [New Zealand Stock Exchange]
Replies: 4
Views: 387

Re: Buying NZX Stock

This is fairly easy to do now, with more and more US brokers now offering global capabilities. The two that I'm slightly familiar with (I'm still evaluating them for my own eventual use, actually) are Fidelity and Schwab. Schwab offers access to 12 countries and 6 currencies at the moment via their ...
by DetroitRick
Tue Aug 15, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: How much coverage should I buy in an umbrella liability policy
Replies: 15
Views: 1687

Re: How much coverage should I buy in an umbrella liability policy

The amount of coverage is more a function of how much you can afford to lose in a suit, rather than the size of your net worth alone. So that is very difficult to predict based on court judgments these days. You might consider talking to a trusted attorney in South Carolina, or doing some research, ...
by DetroitRick
Fri Aug 11, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: 4% Rule has changed.....not
Replies: 80
Views: 8557

Re: 4% Rule has changed.....not

I agree with the OP's sentiments on the video. Sure, convince me that no reasonable withdraw rate and return on a well-designed portfolio is possible, and even I would buy a variable annuity. But that ain't gonna happen. Living longer? Now there's a first world worry I'm happy to experience. Rather ...
by DetroitRick
Fri Aug 11, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 8806

Re: ObamaCare 2018

There's an interesting twist in these 2018 rate filings. Michigan, as some other states have also just done, required insurers to submit 2 different premium sets for approval this year on all Silver policies - one assuming cost sharing subsidies continue, another assuming they do not. This relates t...
by DetroitRick
Sat Aug 05, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 9903

Re: Has the "bond bubble" caused you to change your allocation?

Just slightly, in 4 respects. 1)Overall, my bond allocation is around 2 to 3 percentage points lower right now than I would otherwise have chosen at this particular age, time and circumstance. 2)I've carved off a bit more allocation into CD's as their return has come up, versus specific short-term b...