Archive for January, 2014

For the last two years I was a Sprint customer with four iPhone 4S devices in our family.   Unfortunately, those phones did not work to well when we visited France, Spain, Italy or the half dozen other places I flew around the world over the year.  While voice service worked sporadically, data was absolutely horrible on Sprint.

I essentially had enough with the international problems but was considering renewing with Sprint simply because I was already there but then lo and behold, T-Mobile offered something I could not pass up – free international data on their plans!

I immediately switched after waiting weeks and weeks for Apple to deliver four new shiny apple iphone 5s devices. With my new service working as awesome as possible even working perfectly when landing in Sweden late last year I started to think about what I could do with my old iPhone 4S devices.

TmobileRocks

I posted a “For Sale” sign on our company’s intranet to see if anyone was interested.  Much to my surprise, I got 12 interested parties wanting the phone but ONLY if they were T-mobile compatible.   Unfortunately, these phones won’t work on T-mobile and will ONLY work on Sprint or some convoluted international networks.

I ultimately did find someone that wanted to purchase two of the phones and then someone else that wanted the third but I still have a fourth phone sitting on my desk now idle.   Had these phones been T-mobile compatible, they would have sold immediately.   The good news is that if I want to upgrade in a couple of years, I know I’ll be able to sell these iPhone 5S devices in no time.

Sorry Sprint, but I won’t ever be coming back to you, your CDMA branded phones have little value in the resale market and that ultimately costs me money which has to be factored into the money equation.

Tmobile will you marry me because it’s looking like you’re gonna be rich.

I’ve used eBay on exactly two occasions to purchase something and only because I was desperate and Amazon didn’t have something I needed desperately in stock.   The first was 2004 and the last was in late 2013.  I know the exact times because I keep very good records and both experiences have been absolutely horrible.

I don’t remember the first time but it must have been something bad enough to keep me away for nearly 10 years but this time I’m going to document my experience here so I’ll look back at why I should never repeat business with these clowns again.

For Christmas, I received a Phantom Quadcopter and a GoPro camera.  If you want to see the cool things and fun you can have with this thing head over to YouTube and type Phantom+GoPro.     In any event, after a few days of playing with my Phantom, one of the locking nuts flew off along with the rotor blade causing my Phantom to come tumbling down from the sky and crashing into the ground.   Fortunately it was only about 15 feet off the ground when it happened and the Phantom received little damage sans the rotor.

Unfortunately, I lost the locking nut for the rotor when it flew off.  It was a small little nut and while I had spare rotors, I did not have any spare locking nuts.  The bird would not fly without the locking nut.    The counterclockwise nut is/was out of stock on Amazon and still out of stock to this day…

I found a couple of the nuts on ebay from two different vendors and desperate to make sure I get some, I ordered from two different vendors a set of four nuts.    Keep in mind that I ordered these nuts right after Christmas a couple of days after it crashed.   Fast forward a couple of weeks and I’m still waiting.    I tried emailing the vendor but was surprised to get a message from ebay that I had already, “exceeded the maximum number of messages I can send per day.”   Seriously, I had sent a message two minutes earlier to describe my problem then forgot to mention a couple of things and was going to send a follow up but I’m done and need to send a message some other day.

ebaysucks

WTF kind of experience is this at eBay?   To this day, I have no idea when I’ll get my nuts but it doesn’t matter because shortly after I placed the order, I drove 180 miles to a hobby shop that had them in stock and loaded up on them and some new rotors that don’t require the locking nut.

Contrast this against Amazon.com where I’ll have virtually anything I order delivered in two days with no need to send messages, wait a day or two to communicate with the vendor, and know when I’m going to get something delivered.

People think eBay saves them money until you realize the hours you waste trying to track down something is a huge waste of time/money in of itself.

So long eBay, as soon as I get my merchandise, if ever, I’m throwing my account away…..

Unless you’ve been living under a rock, you probably are aware that it is now illegal to sell or import traditional incandescent light bulbs. The “old” bulbs typically cost a little over a buck and had a bonus of generating a little heat to warm your house during the winter. The new bulbs are either compact florescent containing things like mercury or LED bulbs which have their own toxic substances within.

As bad as the mercury and other things are however isn’t the biggest problem. The biggest problem is the new bulbs cost a lot more money. The premise of the new bulbs is that they will last a lot longer than the old bulbs but that has not been my experience.

It seems for me, I’m having to frequently change the new light bulbs in two areas of my home. The first is the bathroom where these bulbs rarely last over a year. Perhaps the constant turning them on/off in the morning and in the evening is too much wear and tear? The second areas is the kitchen dining area where we have breakfast and dinner every day. This is another area where we constantly turn the bulbs on and off. I’ve probably spent more money replacing the bad bulbs than I have save with their energy efficiency and I now have to turn the heater on just a little bit higher because the bulbs don’t generate heat!

I’m now on a mission to get to the bottom of the longevity of these bulbs. I’ve taken a Sharpe and written the date on the base of the bulb of when I installed it and will compare that to when the bulb dies in the hopes of understanding what the problem is with these bulbs.

Me thinks it’s one huge scam!

The latest travesty from the IRS seems to be limiting 401k contributions to the same amount as last year at $17,500 with no adjustments for inflation. Did I miss something where inflation was put on hold this year?

Here is an historical look at 401k contributions for the last few years:

2005 – $14,000 for 49 and younger and $4000 more for those 50 or over
2006 – $15,000 for 49 and younger and $5000 more for those 50 or over
2007 – $15,500 for 49 and younger and $5000 more for those 50 or over
2008 – Same as 2007
2009 to 2011 – $16,500 for 49 and younger and $5500 more for those 50 or over
2012 – $17,000 for 49 and younger and $5500 more for those 50 or over
2013 – $17,500 for 49 and younger and $5500 more for those 50 or over
2014 – same as 2013

If I go back to 2005 and apply a simple 3 pct inflation adjustment to the original 2005 contribution limits and used that as a basis then the 401k limits should have been

2006 – $14,420 and $4,120
2007 – $14,852 and $4,244
2008 – $15,298 and $4,371
2009 – $15,757 and $4,502
2010 – $16,230 and $4,637
2011 – $16,716 and $4,776
2012 – $17,218 and $4,919
2013 – $17,735 and $5,067
2014 – $18,266 and $5,219

The overall trend does not bode well for the average retiree. The IRS limits are trending downward not in favor of the average worker when factored against inflation for the last four years. For 2014 the variance from $18,266 to $17,500 is $767 in income excluded from 401k contribution on an inflation adjusted basis.

So now let’s take a look at the social security wage limits.

2005 – taxes on $90,000 of income
2006 – $94,200
2007 – $97,500
2008 – $102,000
2009 – $106,800
2010 – $106,800
2011 – $106,800
2012 – $110,100
2013 – $113,700
2014 – $117,000

Interestingly, if I take the 2005 amount of $90,000 and apply a 3 pct inflation adjustment, The 2014 value is magically $117,430. It seems when it comes to social security income taxes inflation is alive and well!

When it comes to helping taxpayers save money using 401k, the US government screws the taxpayer. When it comes to taking money for social security, the US government screws taxpayers yet again.

And now you know why I won’t be voting for donkeys next election cycle!