Search found 5137 matches

by madbrain
Sat Jan 05, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Is an ARM always a bad idea?
Replies: 43
Views: 3939

Re: Is an ARM always a bad idea?

No. ARM CPUs are OK.
by madbrain
Wed Jan 02, 2019 7:18 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1459
Views: 238540

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Did anybody run into problems with qualified dividend status if shares are transferred prior to holding them for 61 days? For example: purchased Jan 1st, ex-dividend date Jan 2nd, fund transferred to another brokerage on Jan 3rd. Will the original brokerage who paid out the dividend default to qual...
by madbrain
Wed Jan 02, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1459
Views: 238540

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I was just denied a bonus for this reason. When I sent a message asking about the status, they replied letting me know that my bonus had been denied because I had already received one within the last 12 months. There was no indication when I opened the account (with the bonus code attached) that I ...
by madbrain
Thu Dec 27, 2018 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor Roth and loss
Replies: 5
Views: 604

Re: Mega backdoor Roth and loss

I'd go ahead and roll them to either Roth 401k or Roth IRA. It's not like you are losing anything. I suppose not, but it just feels wrong to be paying tax on gains when converting/rolling-over yet never having even the possibility of an offsetting loss. You opted out because of the automatic rollov...
by madbrain
Thu Dec 27, 2018 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor Roth and loss
Replies: 5
Views: 604

Re: Mega backdoor Roth and loss

We have had some reports of employers tracking basis. If you roll a loss out to Roth, you would be left with some basis on paper. If you continue to contribute to the after-tax account, that basis can be applied to a future rollover out to Roth IRA. I don't mean to sound like this always happens, j...
by madbrain
Wed Dec 26, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor Roth and loss
Replies: 5
Views: 604

Mega backdoor Roth and loss

I have been doing some non-Roth after-tax contributions in my 401k this year. There is a bit of a loss on them. I would normally either convert them to Roth in-plan, or withdraw them and roll them over to a Roth IRA. Before I do either, I was wondering about the tax treatment for the loss. When conv...
by madbrain
Tue Dec 25, 2018 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Are some insurance polcies philosophically similar to gambling?
Replies: 57
Views: 2893

Re: Are some insurance polcies philosophically similar to gambling?

I believe the price protection on my credit card is not similar to gambling, nor is it a bet. I don't just go buy random items in the hopes that they will drop in price. I do tend to charge items that I think have a higher likelihood of short-term price drops - like electronics and blu-ray movies - ...
by madbrain
Fri Dec 14, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5259

Re: Forgoing health insurance

shell921 wrote:
Fri Dec 14, 2018 9:16 pm
Yes agree no one knows in advance if he or she will need health insurance.
Not really true. A lot of people with chronic conditions do know they will need health insurance. No way my husband and myself could afford our $30K of HIV meds per year each without it.
by madbrain
Fri Dec 14, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 79
Views: 6744

Re: Best headphones under 500 bucks

apple airpods. under $200. Take the rest of the money and take your significant other out to a nice dinner. Trust me (some guy on the internet) it'll be the best decision you make. All the other stuff is overpriced garb. I hope you tried everything else on the market before you called it overprice ...
by madbrain
Fri Dec 14, 2018 2:13 am
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

Nope, Lyft covers me for $1 million in liability when carrying a passenger, so if there's any injury from the crash, you'd definitely want to get a police report, and report any accident immediately...there's a 'contact safety team' under Lyft help that you can use to get in touch with Lyft, which ...
by madbrain
Fri Dec 14, 2018 2:11 am
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

Don't do that. No one is calling you a liar. You reported it through your review. The driver denies any accident. Actually, Lyft's insurance carrier is calling me a liar, by choosing not to believe my account of the accident. I don't think you have anything useful to contribute to the thread, so I ...
by madbrain
Thu Dec 13, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

michaeljc70 wrote:
Thu Dec 13, 2018 10:20 pm
The fact that he needed a translator in the incident is alarming.
Just to clarify, my Lyft driver spoke fine English. It's the driver he rear-ended that he claims couldn't speak english, hence the need for a translator.
Good luck.
Thanks.
by madbrain
Thu Dec 13, 2018 9:55 pm
Forum: Personal Consumer Issues
Topic: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?
Replies: 80
Views: 5405

Re: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?

All these imperial units make my head hurt. Just give me the weight of each roll in grams to compare them. Yes, I know, that includes the weight of the core. But that should be a much better comparison than the area of the toilet paper, IMO. If the paper is too thin, I'll just end up using more shee...
by madbrain
Thu Dec 13, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: FSA @ employment termination: COBRA *and* change election?
Replies: 3
Views: 341

Re: FSA @ employment termination: COBRA *and* change election?

In general, when you terminate employment, you can only continue your existing benefits, and only the benefits that your employer lets you. You can only change your enrollment options during open enrollment. With an FSA, it wouldn't make sense to do so, as all funds in the next plan year would be af...
by madbrain
Thu Dec 13, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3178
Views: 616830

Re: What's Your Credit Card Rewards Strategy?

I think this depends a lot on your strategy and travel habits. The 1.5x bonus through the portal is also a tremendous win in terms of guaranteed flexibility. I am assuming you mean the 1.5x bonus through the Chase travel portal. With that said, you'll have to pry the Chase UR shopping portal out of...
by madbrain
Thu Dec 13, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

I'm assuming the translator eventually appeared and that the other driver obtained your driver's insurance information. Yes. Translator was a friend of the other driver who spoke the same language. I assume they exchanged insurance info, that was the whole point of calling them. But can't be sure a...
by madbrain
Thu Dec 13, 2018 8:23 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

What exactly is the end game here? I don't understand the outrage. Why do you care about this accident at all? It sounds like you're looking for a reason to hire an ambulance chasing attorney to sue Lyft over this minor "pain." I really don't get it. The outrage is mainly about being called a liar ...
by madbrain
Thu Dec 13, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22081

Re: What percentage of your net worth is your home equity?

Home value vs net worth is 60%. Home equity vs net worth is 50%. This is mostly because I live in a HCOL, and bought a big house during the financial crisis, which roughly doubled in value in 8 years. The percentages would be much lower if the house didn't appreciate far faster than my investment po...
by madbrain
Wed Dec 12, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

I'm assuming the translator eventually appeared and that the other driver obtained your driver's insurance information. Yes. Translator was a friend of the other driver who spoke the same language. I assume they exchanged insurance info, that was the whole point of calling them. But can't be sure a...
by madbrain
Wed Dec 12, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3178
Views: 616830

Re: What's Your Credit Card Rewards Strategy?

Wish there were decent routes to Asia to the much closer SJC airport instead. I assume you know about them, but just in case: ANA to Narita (Star Alliance) Hainan to Beijing (partners with Alaska Airlines) Nothing compared to SFO, of course, but better than in the past when it was basically all dom...
by madbrain
Wed Dec 12, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

Always call the police, especially if you are doing a Lyft or Uber and they don't call the police. Yes, you can take pictures which helps your case but a police report is the best document you can have, especially when you are from out of town. The skeptic in me would say how can you be believed if...
by madbrain
Wed Dec 12, 2018 7:32 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

California law requires that any vehicle accident causing more than $1000 damage or any injury (“no mater how minor”) be reported to the DMV by all parties (not sure if that includes passengers like the OP, but certainly all drivers). Yes, I'm aware of that law, but it doesn't include passengers. I...
by madbrain
Wed Dec 12, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

OP, why do you think your medical insurance will not cover you? I don't know this for a fact. They may end up paying, and all will be fine. I just know insurance companies generally don't like to pay if they can get out of paying. I didn't want to avoid mentioning the accident in the call to my doc...
by madbrain
Wed Dec 12, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

Not much or nothing at this point. It happened 3 weeks ago and you have no way of proving this happened. I think you would spend way too much time on this for no result if you try to make something come of it through Lyft. Heal up and move on is what I would do. In the ideal case yes, if there is n...
by madbrain
Wed Dec 12, 2018 7:20 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

setancre wrote:
Wed Dec 12, 2018 8:34 am
Since the driver is being tracked by the app's GPS, can they pull those records and see the 20 minute stop in the middle of the trip?
Yes, I'm sure they can, and I have mentioned this to Lyft customer support.
by madbrain
Wed Dec 12, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

The Lyft driver will likely claim that the delay was caused by something other than an accident...traffic congestion, construction, another accident stopping traffic, a flat tire. Please don't give that dishonest driver any idea. He is probably not reading this thread, though. I did send a text to ...
by madbrain
Wed Dec 12, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

If the accident happened on the freeway in California I would think it would be the highway patrol that would have to respond. Right, it might have been the CHP. Either way, they weren't called to the scene. If the incident had taken much longer, we would have missed our flight. Lyft or the driver ...
by madbrain
Wed Dec 12, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

Chances are, the lyft driver did not have sufficient coverage for share rides but just their own personal car insurance. Right, but the Lyft insurance coverage for the driver should still apply. I believe i If the insurance company finds out they were driving lyft, they would not be covered and wil...
by madbrain
Wed Dec 12, 2018 7:05 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

I do not understand: you have some minor pain, so why do you care about coverage? Did the pain get worse? The pain did get worse, yes. I care about coverage mainly because of subrogation issues. Health insurance companies typically don't want to pay for treatment when there is someone else at fault...
by madbrain
Wed Dec 12, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

Always call the police, especially if you are doing a Lyft or Uber and they don't call the police. Yes, you can take pictures which helps your case but a police report is the best document you can have, especially when you are from out of town. The skeptic in me would say how can you be believed if...
by madbrain
Wed Dec 12, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

Sorry to hear about this trip - a car accident and an unrelated incident involving two broken ribs sounds like a tough week! Those happened in different weeks actually. The accident was on 11/21 and the broken ribs on 12/4 - diagnosed on 12/7 . But yes, bad break. And I didn't mention even the 5 da...
by madbrain
Wed Dec 12, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3178
Views: 616830

Re: What's Your Credit Card Rewards Strategy?

If you had third party travel insurance, almost without a doubt they would have covered it, as long as the insured amount was "enough". Yes, I'm sure you are right, although I wonder how this works when booking trips with miles. How do you figure out the insurance amount in this case when you are o...
by madbrain
Wed Dec 12, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 79
Views: 6744

Re: Best headphones under 500 bucks

Are there quality differences in sound between wired headphones and Bluetooth wireless headphones? Does wireless cause any reduction in frequency reproduction, digital glitching, etc. that doesn't happen with good old analog wired technology? Depends on how picky you are and what your setup is. Usi...
by madbrain
Wed Dec 12, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3178
Views: 616830

Re: What's Your Credit Card Rewards Strategy?

I would have recommended that they try Cathay Pacific, which is amazing, especially if beds open in F class (if planes with F fly the routes they need). But J (business) would also be excellent. That would probably connect through Hong Kong. We flew home from Hong Kong on Cathay Pacific F from Hong...
by madbrain
Wed Dec 12, 2018 5:34 am
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Re: Lyft driver got into an accident, but denies it

I put this in with returning a car. Getting a picture at the time might help. Never thought about it, and like you probably wouldn’t have known to do so. Um, wow I guess you need to get info in such cases: Make sure to get the following information: Your Lyft/Uber driver’s name, address, and phone ...
by madbrain
Wed Dec 12, 2018 4:43 am
Forum: Personal Consumer Issues
Topic: Lyft driver got into an accident, but denies it
Replies: 71
Views: 5747

Lyft driver got into an accident, but denies it

3 weeks ago, we used Lyft to go to the SFO airport. Just before we got there, the driver rear-ended another car. There was no damage to our driver's car, but significant damage to the other car. Both drivers parked to the side of the freeway and tried to exchange information. Turned out the other dr...
by madbrain
Wed Dec 12, 2018 4:04 am
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 79
Views: 6744

Re: Best headphones under 500 bucks

I bought the Sony 1000X M3 at the Hong Kong airport last saturday. The E-lifestyle store was about to close at about 11pm. I seldom make any decision involving more than $100 in a hurry without thorough research. But this is one purchase I don't regret. I wore them during my entire 12 hour flight to...
by madbrain
Sat Nov 17, 2018 12:36 am
Forum: Investing - Help with Personal Investments
Topic: More than $55,000 in 401k contributions this year ?
Replies: 27
Views: 3290

Re: More than $55,000 in 401k contributions this year ?

Do not forget forfeitures when considering the 415c limit. Forfeitures arise when co workers leave the company and matching contributions already made to their account revert to the employer. Some plans then pass these forfeitures on to current employees, so they act as a supplemental matching cont...
by madbrain
Fri Nov 16, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: More than $55,000 in 401k contributions this year ?
Replies: 27
Views: 3290

Re: More than $55,000 in 401k contributions this year ?

So, my new employer stopped my after-tax contributions at $27,250 . Turns out it is a plan limit which is listed in the SPD, but the custodian's web site for contribution elections incorrectly stated that after-tax contributions could go up to $55,000 for the year, which turned out not to be the cas...
by madbrain
Fri Nov 16, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Model 3 Mid-Range or Volt
Replies: 27
Views: 2326

Re: Model 3 Mid-Range or Volt

My husband bought a Bolt ~ 18 months ago. He loves it. I, on the other hand, find the ride bone-jarring on any road that is lumpy. Seriously, I'd rather ride in my 9 year old RX 350 for almost anything other than a 10 mile ride to town and back. The Bolt's suspension and smaller tires just mean it'...
by madbrain
Fri Nov 16, 2018 5:43 am
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 744

Re: Withhold-to-Cover method for RSU grant

FYI, some companies let you keep fractional RSUs, instead of leaving change as cash in your account. Interesting. I can't figure out how that would work from an accounting or tax perspective. Also not sure why they would add that extra accounting headache when they can fully resolve each tranche wi...
by madbrain
Thu Nov 15, 2018 6:52 pm
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 744

Re: Withhold-to-Cover method for RSU grant

FYI, some companies let you keep fractional RSUs, instead of leaving change as cash in your account.
by madbrain
Wed Nov 14, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 45
Views: 3308

Re: 30" or 36" induction range for remodel?

First thing I did when I bought my current home was to rip out the Thermador 36" gas cooktop, and replace it with a 36" Kenmore induction cooktop. I would never consider any cooktop other than induction. Much safer, power efficient, and I don't burn fossil fuels . I'm very much a kind of cook at ho...
by madbrain
Tue Nov 13, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 45
Views: 3308

Re: 30" or 36" induction range for remodel?

You definitely need a gas one. 30" 4 burner, 36" 6 burner or 4 plus center. Strongly recommend BlueStar (for high BTU) although a little pricy (30" $4000, 36" $6000). If you are kind cook at home person, a good high heat gas range is a must. If you are super into cooking and have a big family to fe...
by madbrain
Tue Nov 13, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 45
Views: 3308

Re: 30" or 36" induction range for remodel?

So you're saying don't do it all, stick with the 30" range? There's no floor to ceiling cabinetry appropriate for a combo oven at the right height, so any oven is going below the counter. That kind of cabinetry certainly exists. Maybe not in your kitchen currently, but it's around. About 12 years a...
by madbrain
Mon Nov 12, 2018 1:55 am
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 45
Views: 3308

Re: 30" or 36" induction range for remodel?

Haven't used a range. But I have had both 30 and 36 induction cooktops , and 30 and 36 inch double ovens. I think separates make more sense if you have space for both.
They should cost less to repair or replace.
by madbrain
Tue Nov 06, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7543

Re: Do people calculate savings rate on gross income?

Just to be clear, in my system, the taxes include Federal and state income taxes too. Those numbers could be found easily from the payslips and tax filing. But how does it make sense to exclude these particular types of taxes (income and payroll taxes), but not others (sales & consumption taxes) ? ...
by madbrain
Tue Nov 06, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7543

Re: Do people calculate savings rate on gross income?

Just to be clear, in my system, the taxes include Federal and state income taxes too. Those numbers could be found easily from the payslips and tax filing. But how does it make sense to exclude these particular types of taxes (income and payroll taxes), but not others (sales & consumption taxes) ? ...
by madbrain
Tue Nov 06, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7543

Re: Do people calculate savings rate on gross income?

My goal is to FIRE. At my expense/income level, I do not have to pay those taxes when I retire early. My annual expense is around 50K to 60K. So, it does not make sense to include them as an expense. As long as you are paying them currently, I disagree they should not be counted in your expenses. M...
by madbrain
Tue Nov 06, 2018 12:14 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7543

Re: Do people calculate savings rate on gross income?

1) It is not 50% of gross income. The taxes include social security, Medicare, state, federal. So, it is about 20% or more. It is probably around 30% to 40% of gross income. 2) My expense does not include taxes. 3) If I include college expenses, I save nothing. KlangFool Well, that's certainly a co...