7 On Your Side's Consumer expert Michael Finney answers your questions, every weekday on ABC7 Mornings. Submit your video questions and tune in at 6 a.m.
David from Fremont asked: I had a letter from a group of lawyers stating 2007 to 2015 Chevy Silverado trucks might occasionally have problems with the transmission. How do I go about finding out how my truck is involved?
Hi David. When there is a problem with a vehicle, the manufacturer has to file a TSB or technical service bulletin. There is a government database which is now really easy to search. Just go to http://www.safercar.gov and then follow the instructions. Basically, plug in the year and model of your vehicle. Any recalls or known defects will be filed there. Then you may ask your dealership for a repair.
Tom asked: At 63-years-old, should I change my investments from the tech markets to bonds?
Hi Tom. The rule of thumb is to have fewer stocks and more bonds as you approach retirement. But, that is just a rule of thumb. If you are gutsy, tilt toward stocks. If you're more conservative, go for a higher percentage of bonds or cash equivalents like CDs. "bank rate - dot -com" recommends someone at your age to have a healthy amount of stocks, but they should be widely distributed across the entire market rather than a handful of companies. Thanks for your question Tom. Good luck.
Mark asked via Twitter: Who gets to keep that five cents a can thing and why is it almost impossible to get back? Hi mark. Cal Recycle says the vast majority of the California redemption value, known as CRVs, that's the nickel, goes to the consumers who bring their aluminum, glass and plastic beverage containers to recycling centers. Containers less than 24 ounces get that nickel. Anything larger than that gets a dime.
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Michael Finney answers your consumer questions
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