Search found 448 matches

by amarone
Wed Sep 06, 2017 4:45 pm
Forum: Personal Consumer Issues
Topic: Encompass Insurance?
Replies: 2
Views: 289

Re: Encompass Insurance?

I have used Encompass for 4.5 years. I swapped to them from Geico when we bought our then future retirement home in a coastal region and none of the insurers associated with Geico would cover it. Overall, I have been happy with them, but we also had a strange situation to do with the roof on our fir...
by amarone
Mon Aug 28, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Check serial number caused an issue
Replies: 26
Views: 2302

Re: Check serial number caused an issue

I had a Kia dealer refuse to take check 001 drawn on a Vanguard Mutual Fund. I said that in that case he only way I could pay was by credit card. They took credit card for the whole amount and I got cash back on that.
by amarone
Sat Aug 26, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 3024

Re: Should I abandon airline credit cards for cash back?

I had a Delta card and found it aggravating how infrequently I could get flights I wanted except by paying boosted numbers of miles. Then I saw a survey that showed only 13% of the time could Delta FFs get the flights they wanted (I believe it has improved since then). I swapped to cashback and neve...
by amarone
Wed Jul 05, 2017 9:30 pm
Forum: Personal Consumer Issues
Topic: Have you had this issue with Subaru Forester windshield replacement?
Replies: 25
Views: 2763

Re: Have you had this issue with Subaru Forester windshield replacement?

2016 Outback owner. We lost two windshields in the first three months or so from very minor pebbles. Both times there was a small crack that rapidly expanded. Subaru of America gave us partial credit on the replacement. Since then, we have made sure we carry a repair kit in the car. We had one furth...
by amarone
Mon Jul 03, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a House Using Seller's Agent (opinions wanted)
Replies: 101
Views: 6103

Re: Negotiating a House Using Seller's Agent (opinions wanted)

If my realtor forwarded my email to the seller's realtor without my express permission, my next stop would be a lawyer. Doubtlessly that realtor made you sign papers, and those papers said something about fiduciary responsibility. To you. While I love the sentiment, this I believe is the crux of th...
by amarone
Fri Jun 30, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating a House Using Seller's Agent (opinions wanted)
Replies: 101
Views: 6103

Re: Negotiating a House Using Seller's Agent (opinions wanted)

We used a buyer's agent to help with our home purchase. Even so, I always told her I hate the house I was buying. After the closing, she asked me, "I'm not sure why you bought this house that you don't like very much at all. Do you like it now?" We recently sold our home and the buyer's agent forwa...
by amarone
Mon Jun 12, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can't decide how to get [paid: W-2 or 1099?]
Replies: 15
Views: 1545

Re: Can't decide how to get pay.

If you decide to take the 1099 you will have to pay 15.3% payroll taxes on top of your income tax. As a W2 employee you pay 7.65% and the employer pays the other 7.65%. So you make 7.65% more with the W2. This math is not quite right. As an employee if you made $100k, you would pay $7,650 and the e...
by amarone
Mon Jun 05, 2017 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10408

Re: P2P Lending - Anyone try it?

I have been in LC for 3 years. The current IRR for my actual portfolio as shown on the site is around 8.25% Where do you see the IRR on the site? I have not been able to find it. My bad - it is not listed as IRR. I went to the site and it is very prominent on the front page when you log into your a...
by amarone
Mon Jun 05, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10408

Re: P2P Lending - Anyone try it?

I have been in LC for 3 years. The current IRR for my actual portfolio as shown on the site is around 8.25% Where do you see the IRR on the site? I have not been able to find it. My bad - it is not listed as IRR. I went to the site and it is very prominent on the front page when you log into your a...
by amarone
Sat Jun 03, 2017 6:25 am
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 10408

Re: P2P Lending - Anyone try it?

Hogan773 wrote: I have been in LC for 3 years. The current IRR for my actual portfolio as shown on the site is around 8.25%
Where do you see the IRR on the site? I have not been able to find it.
by amarone
Fri May 19, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 82
Views: 11808

Re: Question for you high net worth individuals...

Another zero here.

I regard one of the factors in achieving the level of net worth I have to be that I always bought homes well within my means. I could then invest more in stocks/bonds as I was not having to shell out as much on property taxes, home insurance & maintenance.
by amarone
Tue May 09, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone use in UK for one year
Replies: 13
Views: 1264

Re: Cell phone use in UK for one year

the other option is to speak with ATT about international usage and they may have an add on which could cover him for a month or so. I have tmobile and the international usage add on is $5 per month I think. I have an international plan with AT&T that is about $5/month. However, that gets me ch...
by amarone
Tue May 09, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone use in UK for one year
Replies: 13
Views: 1264

Re: Cell phone use in UK for one year

Here's another option I found out of curiosity, from AT&T. Not sure how cost effective it would be for your situation but something to consider. http://www.corp.att.com/edu/studyabroad/ I was excited to see that until I checked out the costs. If he used data at his current rate, that plan would...
by amarone
Tue May 09, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone use in UK for one year
Replies: 13
Views: 1264

Re: Cell phone use in UK for one year

ATT is unlikely to unlock his current phone if there were any upfront term commitments in subsidizing the device cost. Thank you everyone for suggestions so far. We bought his phone from Apple, so it is not subsidized in any way. We do not have a contract - we pay full price for the phones and then...
by amarone
Tue May 09, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Cell phone use in UK for one year
Replies: 13
Views: 1264

Cell phone use in UK for one year

Our son is going to college in London for a year. He currently has an iPhone 7 on an AT&T family plan. What options does he have for economical calling and data while over there?
by amarone
Mon May 08, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Buying second home in Georgia- tax implications
Replies: 9
Views: 1238

Re: Buying second home in Georgia- tax implications

1. NO. If it is not your primary residence you do not qualify for the homestead exemption. In addition, there are several other possible exemptions that only apply if you qualify for the homestead exemption. See Chatham County Homestead Exemptions: http://boa.chathamcounty.org/Homestead-Exemptions/...
by amarone
Mon Feb 27, 2017 6:02 pm
Forum: Investing - Theory, News & General
Topic: PurePoint 1.25% online savings $10K min
Replies: 57
Views: 10967

Re: PurePoint 1.25% online savings $10K min

ribonucleic wrote:
White Coat Investor wrote:It's only about $500 more a year on a $200K savings account.


Will banks accept six-figure deposits without hassle?

There are limits. We parked $300k in Ally while buying a house. We had to do it in two deposits as there was a $250k maximum. There was a $150k limit on withdrawals.
by amarone
Fri Feb 24, 2017 6:09 pm
Forum: Investing - Theory, News & General
Topic: Peer-to-peer lending as an investment?
Replies: 52
Views: 5094

Re: Peer-to-peer lending as an investment?

what is your overall return? I know you were not asking me, but I will answer anyway. In my first (partial) year, I actually made a loss. I put in just $1,000 and two of my 40 notes defaulted (after borrowing the maximum) without making a single payment. I am convinced this was outright fraud. Over...
by amarone
Fri Feb 24, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: Peer-to-peer lending as an investment?
Replies: 52
Views: 5094

Re: Peer-to-peer lending as an investment?

This is somewhat of a repeat of what I have posted in one of the other threads, but I also am getting out of Lending Club because of a much higher rate of charge-offs. In 2016 I had twice the amount of charge-offs, measured as a percentage of my investment. Despite LC claiming my return is about 6.4...
by amarone
Thu Feb 23, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Credit card: Cash versus Flight Miles
Replies: 62
Views: 5962

Re: Credit card: Cash versus Flight Miles

As others have said, it depends on personal circumstances. I used to have a Delta Amex but was very frustrated by how difficult it was to get the flights I wanted. Either they were not available or I had to use extra miles (32,500 or 40,000) instead of 25,000. That dropped the value to about 1% I th...
by amarone
Thu Feb 16, 2017 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Private home sale (without agents): Where to start with price?
Replies: 34
Views: 2287

Re: Private home sale (without agents): Where to start with price?

I once bought a home from owner directly. Unfortunately after 10 years I am trying to sell it and realized I over-paid for it . He had done some "weird" upgrades that were fine to my "bachelor" eyes. I now realize those upgrades are off putting to buyers and have lowered it's va...
by amarone
Fri Feb 10, 2017 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46102

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

I don't mind a subscription model (I use Office 365) - it comes down to price. I also don't care whether I can do manual transactions or not. I am never going to use a system that requires manual transaction entry. I just checked last month and had 294 transactions - no way am I going to enter those...
by amarone
Wed Feb 01, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: What is a household for Head of Household?
Replies: 8
Views: 1081

Re: What is a household for Head of Household?

'Household' does not go by who owns the house (our house is in a trust), but which people are related to each other income wise. In our house my wife and I are one household. In our house also my son and 13 year old grandson live, and there then is another household with my son being the head of hi...
by amarone
Wed Feb 01, 2017 5:58 am
Forum: Personal Finance (Not Investing)
Topic: What is a household for Head of Household?
Replies: 8
Views: 1081

Re: What is a household for Head of Household?

I have seen the definitions mentioned in the last two posts. They seem to relate to household = home = house, therefore she does not qualify because she does not pay for more than half the house costs (or more than anyone else), which was my interpretation. However, I have had someone who worked as...
by amarone
Tue Jan 31, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: What is a household for Head of Household?
Replies: 8
Views: 1081

Re: What is a household for Head of Household?

I have seen the definitions mentioned in the last two posts. They seem to relate to household = home = house, therefore she does not qualify because she does not pay for more than half the house costs (or more than anyone else), which was my interpretation. However, I have had someone who worked as ...
by amarone
Tue Jan 31, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: What is a household for Head of Household?
Replies: 8
Views: 1081

What is a household for Head of Household?

I have searched the IRS web site for a definition of "household" and come up empty. I have found "head of household" and "member of household", but if you are unsure as to what "household" is, they do not help much. The situation I have is a set of relatives i...
by amarone
Fri Jan 06, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on sign-on bonus check
Replies: 42
Views: 5343

Re: Taxes on sign-on bonus check

The date on check determines the taxable year. I do not think that is correct. It is certainly contrary to what our tax accountant told us. Look up "constructive receipt" on the IRS site. Not sure what to say. I work in IT supporting HR and Payroll. If the check is dated 12/31/2016, it wi...
by amarone
Thu Jan 05, 2017 10:39 pm
Forum: Personal Consumer Issues
Topic: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)
Replies: 56
Views: 8244

Re: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)

Had a 3.6 Outback. When it came time to replace it, decided to test drive the 2.5 also. Things were going fine until I said we need to try a highway ramp with an incline. We stopped the test drive after that and ordered another 3.6.
by amarone
Wed Jan 04, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on sign-on bonus check
Replies: 42
Views: 5343

Re: Taxes on sign-on bonus check

Billionaire wrote:The date on check determines the taxable year.

I do not think that is correct. It is certainly contrary to what our tax accountant told us. Look up "constructive receipt" on the IRS site.
by amarone
Wed Jan 04, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Lending Club desperate for investors?
Replies: 87
Views: 10665

Re: Lending Club desperate for investors?

I had $18k in Lending Club and it was one of my best investments last year. Nevertheless, I am getting out. At the end of last month I analyzed my account as I had a feeling that charge offs were increasing. Charge offs averaged 0.5% of my investment per month in 2015. Over the first five months of...
by amarone
Tue Dec 20, 2016 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Buy house personally or within a trust?
Replies: 4
Views: 908

Re: Buy house personally or within a trust?

When I bought my current home the bank lender would not let me title the deed in my Trusts name. They insisted it be in wife and my name. I did a bridge loan so I could live in my old home while I remodeled the new home. So when I paid it off 2 years later I then had to pay to get the deed transfer...
by amarone
Tue Dec 20, 2016 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Buy house personally or within a trust?
Replies: 4
Views: 908

Re: Buy house personally or within a trust?

When I bought my current home the bank lender would not let me title the deed in my Trusts name. They insisted it be in wife and my name. I did a bridge loan so I could live in my old home while I remodeled the new home. So when I paid it off 2 years later I then had to pay to get the deed transfer...
by amarone
Tue Dec 20, 2016 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Buy house personally or within a trust?
Replies: 4
Views: 908

Buy house personally or within a trust?

My wife is planning to buy a house for her mother to live in. The source of funds will be a trust fund for which my wife is both sole trustee and sole beneficiary. She can have the trust buy and own the house, or she can take a (non-taxable) distribution and then buy the house personally. There will...
by amarone
Mon Nov 14, 2016 7:01 am
Forum: Personal Consumer Issues
Topic: Amazon Prime: doing the math...is it worth it?
Replies: 111
Views: 14098

Re: Amazon Prime: doing the math...is it worth it?

It is difficult to work out the benefit in pure dollars (doing the math). We get a free Kindle book per month. Value $60 (only otherwise cheap books are available). Free shipping - as others have said, we could mostly get free shipping simply by choosing the slower option that is free to non-Prime ...
by amarone
Thu Nov 03, 2016 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Lending Club desperate for investors?
Replies: 87
Views: 10665

Re: Lending Club desperate for investors?

Some defaults look like flat out fraud to me. In my first investment of $1,000 (40 notes), two were charged off without making a single payment. That did not happen again out of 1,933 notes purchased until last month when a company president of 10+ years and a supposedly verified $100k income borrow...
by amarone
Wed Nov 02, 2016 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Lending Club desperate for investors?
Replies: 87
Views: 10665

Re: Lending Club desperate for investors?

I had $18k in Lending Club and it was one of my best investments last year. Nevertheless, I am getting out. At the end of last month I analyzed my account as I had a feeling that charge offs were increasing. Charge offs averaged 0.5% of my investment per month in 2015. Over the first five months of...
by amarone
Mon Oct 24, 2016 1:21 pm
Forum: Personal Consumer Issues
Topic: advice on buying a new Outback/Legacy/Camry
Replies: 20
Views: 2551

Re: advice on buying a new Outback or Legacy

Subaru's have always been known to burn some oil but supposedly have fixed this with their new engines. I think if you change your oil more frequently than the recommended 6500 miles you will have no problems. They changed the service interval on the Outback to be every 6,000 miles instead of every...
by amarone
Mon Oct 24, 2016 10:19 am
Forum: Personal Consumer Issues
Topic: advice on buying a new Outback/Legacy/Camry
Replies: 20
Views: 2551

Re: advice on buying a new Outback or Legacy

My wife had a 2012 Outback 3.6R and replaced it with a 2016 model last December. She loves the car, but with a big BUT that means our next car may be something different. We got the Eyesight feature, which we love. I am not sure if it is related to the Eyesight feature, but the windshield is extreme...
by amarone
Wed Oct 19, 2016 6:17 am
Forum: Personal Finance (Not Investing)
Topic: How do you analyze your spending? (Where is my money going?)
Replies: 69
Views: 7126

Re: How do you analyze your spending? (Where is my money going?)

Another Quicken user here. I download transactions daily in a single download, then spend less than a minute categorizing them (longer if it involves Vanguard money market transactions as VG does not do this right). I run reports quarterly and annually to see income & expenses, net worth, invest...
by amarone
Wed Oct 19, 2016 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2017 Windows is also available
Replies: 8
Views: 1706

Re: Quicken 2017 Windows is also available

I need to do my three-yearly upgrade. Early reviews of Quicken 2017 Premier on Amazon are better than normal for a first release of the new version. I will still hold off a bit to wait for some bug fixes. Looks a bit pricey though - $110. I know I can get some discount off this, but it still looks l...
by amarone
Fri Oct 07, 2016 6:04 pm
Forum: Personal Consumer Issues
Topic: Simplisafe Home Security System
Replies: 43
Views: 6345

Re: Simplisafe Home Security System

We have had three false alarms. One was while we were there - caught our son vaping at 2am . The other two occasions we were not at the house and a false alarm when you are over 4 hours away is not good news. One seemed to be caused by installation of sprayfoam, and we do not know what caused the o...
by amarone
Fri Oct 07, 2016 9:15 am
Forum: Personal Consumer Issues
Topic: Simplisafe Home Security System
Replies: 43
Views: 6345

Re: Simplisafe Home Security System

We have had three false alarms. One was while we were there - caught our son vaping at 2am . The other two occasions we were not at the house and a false alarm when you are over 4 hours away is not good news. One seemed to be caused by installation of sprayfoam, and we do not know what caused the o...
by amarone
Fri Oct 07, 2016 6:52 am
Forum: Personal Consumer Issues
Topic: Simplisafe Home Security System
Replies: 43
Views: 6345

Re: Simplisafe Home Security System

I have had a SS system for a little over 3 years in a second home. Overall, I am not too thrilled with the system. We have had many defective components, in particular smoke and CO detectors. I bought these detectors as soon as they became available, so maybe it was teething troubles, but it suggest...
by amarone
Thu Oct 06, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: Advice on hiring an architect
Replies: 31
Views: 2536

Re: Advice on hiring an architect

⋅ What questions should we ask before hiring? ⋅ What to look out for in the contract? What to make sure is included, and is excluded. ⋅ How do we make sure the architect engages the right builder? We were told that a benefit of using an architect is that they will bid ...
by amarone
Thu Oct 06, 2016 9:20 am
Forum: Personal Consumer Issues
Topic: Advice on hiring an architect
Replies: 31
Views: 2536

Re: Advice on hiring an architect

Why would you spend $300,000 to sell a house? Why not just list the house as is and knock $300,000 off the price? Tried that (and more) - didn't work. The house has been on the market for two years. Initially, few high-end homes were selling. More recently, sales have increased but it is the renova...
by amarone
Thu Oct 06, 2016 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Timing of SS benefit payments to 18-year old
Replies: 0
Views: 293

Timing of SS benefit payments to 18-year old

We currently get SS benefits for my stepson because his dad is claiming. My stepson turns 18 at the beginning of January, but payments should continue until he graduates high school in May. Payments will be direct to my stepson, whereas currently they are deposited into our bank account on the fourt...
by amarone
Wed Oct 05, 2016 9:11 am
Forum: Personal Consumer Issues
Topic: Advice on hiring an architect
Replies: 31
Views: 2536

Re: Advice on hiring an architect

This makes me think that the property owner really isn't ready to sell. This is just a convenient stalling technique for whatever personal reasons the property owner may have. Quite the opposite - that is why he is prepared to lay out a lot of money to get the house to sell. He has not even visited...
by amarone
Wed Oct 05, 2016 9:09 am
Forum: Personal Consumer Issues
Topic: Advice on hiring an architect
Replies: 31
Views: 2536

Re: Advice on hiring an architect

Architects often do construction administration ("CA") which is a totally different phase of the work from the design. During CA, the architect will represent the owner, forcing the contractor to build according to specifications that were developed and agreed upon at the end of the desig...
by amarone
Wed Oct 05, 2016 9:00 am
Forum: Personal Consumer Issues
Topic: Advice on hiring an architect
Replies: 31
Views: 2536

Re: Advice on hiring an architect

The architect or designer will put together some pretty plans. Houses sliding down mountains sounds like a geotechnical engineer. Tearing down walls and supporting the existing structure will involve a structural engineer. In that particular area you might find a specialized engineer that does both...