Search found 1191 matches

by SlowMovingInvestor
Fri Jun 14, 2019 7:21 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads vs Hedgefunds
Replies: 15
Views: 1334

Re: Bogleheads vs Hedgefunds

I wonder, how do bogleheads explain the differences between different types of investors. Obviously getting steady rates per year is nice. But it seems it's ignoring growth "hedge funds", people investing in new ideas, possibly creating new industry segments, and taking great percentages on their i...
by SlowMovingInvestor
Fri Jun 14, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card sign on bonus suggestion
Replies: 26
Views: 1939

Re: Credit card sign on bonus suggestion

It might "seem" like a fraud to you, but it is not; though the name is weird. See, for example, for Los Angeles county: https://www.lacounty.gov/business/starting-a-business-in-the-county/filing-a-fictitious-business-name/ Neither the applicant, nor the "person who provided them" committed fraud. A...
by SlowMovingInvestor
Mon Jun 10, 2019 7:07 pm
Forum: Personal Investments
Topic: 7% callable - Structured Investment/Note
Replies: 30
Views: 2387

Re: 7% callable - Structured Investment/Note

- so you can ignore their opacity . Even though we know that a bunch of these things imploded in the financial crash I don't think the fact that they may implode in a crash relates to their opacity , that's pretty transparent. If the market drops enough to hit the trigger, then the income payments ...
by SlowMovingInvestor
Mon Jun 10, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

Delta Amex seems to be offering some decent bonuses right now. $195 fee for Platinum (not waived first year). I am not eligible for Gold. I've never found any decent award flights with delta for international biz class. Typically it's 200,000 miles+ one way ! I don't look at other routes much, but ...
by SlowMovingInvestor
Fri Jun 07, 2019 7:04 pm
Forum: Personal Investments
Topic: How is Merrill Edge?
Replies: 37
Views: 2400

Re: How is Merrill Edge?

I like ME in general for their free trades. Decent platform, and if you like looking at single stocks, good research. At the Platinum Honors stage, you can get a lot of $$ back on the BoA Premium Rewards card. Negatives -- their service is good, but I'd rank it a notch below Fido, Etrade and TDAM. I...
by SlowMovingInvestor
Thu Jun 06, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

Even when Delta had an award chart, I almost never saw availability in international biz class. The premier airlines such as Air France/KLM, VS rarely had any seats available via Delta's site even when they had some available via their sites. So dynamic pricing on those routes means largely going f...
by SlowMovingInvestor
Thu Jun 06, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

Delta Amex seems to be offering some decent bonuses right now. $195 fee for Platinum (not waived first year). I am not eligible for Gold. I've never found any decent award flights with delta for international biz class. Typically it's 200,000 miles+ one way ! I don't look at other routes much, but ...
by SlowMovingInvestor
Thu Jun 06, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

Delta Amex seems to be offering some decent bonuses right now. $195 fee for Platinum (not waived first year). I am not eligible for Gold. I've never found any decent award flights with delta for international biz class. Typically it's 200,000 miles+ one way ! I don't look at other routes much, but I...
by SlowMovingInvestor
Wed Jun 05, 2019 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: 1st Tax Audit in 22 years!
Replies: 27
Views: 3334

Re: 1st Tax Audit in 22 years!

IRS is just stumped by inputs. They aren't "stumped" by inputs. All they see is the line from Schedule A. It hit some "audit flags" and they are requesting supporting documentation. This link has some info. Scroll down a little: https://tarlow.com/tag/mortgage-interest-deduction/ One of the current...
by SlowMovingInvestor
Tue Jun 04, 2019 9:37 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

PNC fees https://www.pnc.com/content/dam/pnc-com/pdf/personal/wealth-investments/PNCI/PNCI_Client_Schedule_of_Commissions_and_Fees.pdf $75 annual service fee, $125 xfer fee. Also a whole host of smaller fees. I was curious about the annual service fee and called at lunch. The fee is charged on all ...
by SlowMovingInvestor
Mon Jun 03, 2019 2:56 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

PNC bonus https://www.pnc.com/en/personal-banking/investments-and-retirement/campaigns/investments-offer.html $200 for $100K $600 for $250K $1500 for $500K PNC fees https://www.pnc.com/content/dam/pnc-com/pdf/personal/wealth-investments/PNCI/PNCI_Client_Schedule_of_Commissions_and_Fees.pdf $75 annua...
by SlowMovingInvestor
Thu May 16, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: Undisclosed Fees with "Market on Close" Orders
Replies: 23
Views: 1306

Re: Undisclosed Fees with "Market on Close" Orders

This is why 2 pieces of advice are common when trading ETFs: 1) Never trade near open/close, 2) never use a market order. These are, indeed, both common pieces of advice but there is one important difference: #1 is mostly true and #2 is almost completely false. Market on close orders could diverge ...
by SlowMovingInvestor
Thu May 16, 2019 4:14 pm
Forum: Investing - Theory, News & General
Topic: How do brokerage firms make money anymore?
Replies: 16
Views: 1755

Re: How do brokerage firms make money anymore?

"Free" trades are not free. Exchanges will pay brokers for flow, flash traders will pay the exchange the exchanges for order flow so they can front run the trades, shaving a fraction of a cent off the trade. Does that hold for limit orders too ? Also, some online brokerages (almost all) claim to ca...
by SlowMovingInvestor
Mon May 13, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Interest on Tax Underpayment with TurboTax
Replies: 0
Views: 112

Calculating Interest on Tax Underpayment with TurboTax

I have interest on tax underpayment due for a state return (on extension) that I completed with TT . Not a lot of interest, around $150. I am wondering if I should let TT do the penalty calculation, or select the 'Calculate' button in TT -- I think that gets the state tax department to do the calcul...
by SlowMovingInvestor
Sun May 12, 2019 7:52 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

student wrote:
Sun May 12, 2019 7:46 am
I also expect they will add one per lifetime policy, which seems far to me.
Fidelity and Schwab seem to have that sort of unstated policy already. Although they might make an exception for a really large account, or someone who brings in a lot of $$ to them.
by SlowMovingInvestor
Sun May 12, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Definition of 'Joint Income' for taxes
Replies: 1
Views: 299

Definition of 'Joint Income' for taxes

My spouse and I are residents of different states and file MFJ at the federal level. We have no income in each other's states. We want to file MFS at the state level (both states allow that if the other spouse is a NR). One state says that in such a situation, if we file MFJ at the state level, our ...
by SlowMovingInvestor
Sun May 12, 2019 5:30 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I just applied for a sapphire checking account and a youinvest account. I should net 60k points for basically nothing. We will see. Chase Private Client is giving $1250 now. $250K required at JPM (YouInvest doesn't count). But you can only get one brokerage bonus a year so it's a choice between Sap...
by SlowMovingInvestor
Sun May 12, 2019 5:22 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

If you want to squeeze as much value as possible from your Prime Rewards Visa (or Discover card), don't apply the rewards to new purchases, apply them as a credit to your account. If you use them to reduce the cost of an item, you don't earn any cash back on the amount you lower the price by. For e...
by SlowMovingInvestor
Thu May 09, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

Ahhh... No, I didn't know that. Thanks for the info. So $600 more reportable income for 2019. That would almost make it a net zero to do this, unless I do what ZinCO suggested and put it in something earning more like 2% at Chase. You can buy Vanguard Treasury Money Market Fund at YouInvest. Yield ...
by SlowMovingInvestor
Wed May 08, 2019 7:20 am
Forum: Investing - Theory, News & General
Topic: TD Ameritrade Expanding List of Commission-Free ETFs
Replies: 17
Views: 1908

Re: TD Ameritrade Expanding List of Commission-Free ETFs

What is very notable is that TDAM does not have a plain S&P 500 ETF commission free. It has lots of SSGA ETFs commission free, but not the SSGA SPDR ETF. I suspect it's because they're getting some payment from SSGA for stocking their less well known ETFs, but not for the highly liquid SPDR ETF. For...
by SlowMovingInvestor
Sun May 05, 2019 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

BoA's Premium Rewards card does give you $100 in airline credits every year, so you can offset the fee with that. I would not cancel the card -- it makes a good fallback card.
by SlowMovingInvestor
Sun May 05, 2019 8:48 am
Forum: Personal Consumer Issues
Topic: Am I out of line to request a refund for dental work that hasn't been done?
Replies: 43
Views: 3490

Re: Am I out of line to request a refund for dental work that hasn't been done?

If part of the $350 is the actual cost of making the new crown, then I would say you should pay for it since the provider has likely already incurred that cost.

If it's just the cost of installation, then you should ask for a refund.
by SlowMovingInvestor
Fri May 03, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

It is possible to beat cash back with points, but it takes a lot of research and work, and sometimes I just don't want to put the effort into it. Getting minimum of 2.7 points per dollar is not a bad earnings rate. You could do much worse. I agree that 2.7% back is pretty good. But If you're doing ...
by SlowMovingInvestor
Fri May 03, 2019 1:39 am
Forum: Personal Consumer Issues
Topic: I have a buddy in Australia he says he pays for each email. I never heard of this. Is this true?
Replies: 17
Views: 3348

Re: I have a buddy in Australia he says he pays for each email. I never heard of this. Is this true?

There was a time when US Email providers such as MCI Mail did charge on a per email basis. But that was in the distant past. Australia is a huge country (continent really), so it's possible there are areas that do not have broadband, and have to rely on dialup/satellite. Although even then, charging...
by SlowMovingInvestor
Wed May 01, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

pre wrote:
Tue Apr 30, 2019 9:02 pm
Hopefully this $1k+ bonus will be a reoccurring offer, as the terms mention one brokerage bonus a year.
That solves the issue of whether I should try for this bonus, since I already signed up for the Sapphire 60K bonus this year.
by SlowMovingInvestor
Tue Apr 30, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

A bit of a sell on their managed account, but I emphasized wanting to play around on my own while transferring over existing assets in kind. Not to mention avoiding the management fees. Just to confirm -- there aren't any JPM management fees if you transfer assets like ETFs, bonds and MFs over, onl...
by SlowMovingInvestor
Tue Apr 30, 2019 5:12 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

A bit of a sell on their managed account, but I emphasized wanting to play around on my own while transferring over existing assets in kind. Not to mention avoiding the management fees. Just to confirm -- there aren't any JPM management fees if you transfer assets like ETFs, bonds and MFs over, onl...
by SlowMovingInvestor
Tue Apr 30, 2019 1:20 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I just visited a local branch and met with a CPC banker and JPMS advisor to open up my checking and full service investment accounts. My CPC banker was familiar with the $1250 bonus offer, so setting up the checking account and entering the invite/coupon code seemed straight forward. Please keep us...
by SlowMovingInvestor
Wed Apr 17, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6664

Re: After financial independence, do you play credit card bonus games?

Why wait until financial independence? I was wondering if people with financial independence might no longer be interested in such small amounts of money. The way we do it (using awards to purchase premium business or first class international airline tickets), we certainly do not consider it "such...
by SlowMovingInvestor
Wed Apr 17, 2019 8:19 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

confusedinvestor wrote:
Wed Apr 17, 2019 12:56 am
What is the best way to request waiver of Credit Card annual fees ?

eg Bank of America Premium Rewards CC annual fees of $100
Threaten to cancel when renewal comes up. Unless you're a really big user, I doubt you'll get a waiver these days, but you might get a lagniappe.
by SlowMovingInvestor
Fri Apr 12, 2019 1:51 pm
Forum: Personal Investments
Topic: Chase YouInvest cost basis method
Replies: 39
Views: 3885

Re: Chase YouInvest cost basis method

Regarding the cash sweep position, this reserve provides 0.03% for taxable and retirement accounts :annoyed . From what I know, Vanguard offers 2.01% and Fidelity at 2.09% (2.13% for IRA). But, if you let them manage your investments for you they will give you 2.25%? This pushes investors to not ha...
by SlowMovingInvestor
Wed Apr 10, 2019 5:41 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2257

Re: Edward Jones CDs

If you buy CDs through EJ, do they still have their % of assets fee on those balances ? I would hope not ...
by SlowMovingInvestor
Wed Apr 10, 2019 11:02 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1763
Views: 277189

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

For a few reasons in addition to capturing a transfer bonus, I just started a transfer of a portion of my fidelity ira to merrill edge. The money at fidelity was in a zero mutual fund, so I first sold this to cash and then bought ITOT etf to make the transfer. Because of this, the money was in cash...
by SlowMovingInvestor
Tue Apr 09, 2019 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

What I meant is that right now UA awards price cheaper than awards on other carrier's metal. But that may not hold in the future if UA has dynamic award pricing. Suppose UA's dynamic award for a flight is 105K, would it allow booking (say) a Lufthansa award for 75K on that same route ? Isn't that a...
by SlowMovingInvestor
Tue Apr 09, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

But rates for foreign carriers aren't changing, right ? So either UA won't show award availability on say Lufthansa in the future or will up foreign carrier rates too. They aren’t changing for now. What I meant is that right now UA awards price cheaper than awards on other carrier's metal. But that...
by SlowMovingInvestor
Tue Apr 09, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

But for business class awards I expect this change to be devastating. And those are what I am generally shopping for. As a west coaster, there are no 6-7 hr coach trips to Europe, everything is 10-11 painful hrs :( But rates for foreign carriers aren't changing, right ? So either UA won't show awar...
by SlowMovingInvestor
Mon Apr 08, 2019 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1207

Re: Tax help - Discrepancy on amount owed; Need to file for extension

Form 4868 is to file an extension, but guess what? You don't even have to send it in nor e-file, so don't get trapped into paying TurboTax or anyone even a postage stamp to file an extension. Not to hijack the thread but -- What if you just pay a nominal amount of $1 or even 1c ? You get an extensi...
by SlowMovingInvestor
Mon Apr 08, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1207

Re: Tax help - Discrepancy on amount owed; Need to file for extension

Form 4868 is to file an extension, but guess what? You don't even have to send it in nor e-file, so don't get trapped into paying TurboTax or anyone even a postage stamp to file an extension. Not to hijack the thread but -- What if you just pay a nominal amount of $1 or even 1c ? You get an extensi...
by SlowMovingInvestor
Sun Apr 07, 2019 5:50 am
Forum: Investing - Theory, News & General
Topic: Chase YouInvest mutual funds list no longer needed
Replies: 5
Views: 1259

Re: Chase YouInvest mutual funds list no longer exists

More likely to be just a mistake on the web site.
by SlowMovingInvestor
Fri Apr 05, 2019 9:17 pm
Forum: Investing - Theory, News & General
Topic: Why have Stoneridge Reinsurance failed to have "equity like returns"?
Replies: 37
Views: 2692

Re: Why have Stoneridge Reinsurance failed to have "equity like returns"?

Possibly silly question - would buying stock in a reinsurance company (even Berkshire Hathaway, although it has several other divisions) give you some of the same coverage at a lowerr cost than the Reinsurance fund ?
by SlowMovingInvestor
Fri Apr 05, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

If you can get the 100,000 MR American Express Platinum offer via Cardmatch, I would grab that. If Barclays approves you for the Arrival+, you should be eligible again, they are just a bear to get an approval from. Currently a 70,000 point offer, which is the best ever. But Barclays is non-transfer...
by SlowMovingInvestor
Fri Apr 05, 2019 7:20 am
Forum: Personal Finance (Not Investing)
Topic: K-1s and UBTI in IRAs
Replies: 4
Views: 374

Re: K-1s and UBTI in IRAs

I found this too https://s3.amazonaws.com/Training-Webinars/UBIT+Professional/Reports+and+Guides/ET_Decoding+UBTI+Within+an+IRA01.pdf Only one deduction under Section 512(b)(12) is allowed in computing an IRA’s UBTI, regardless of the number of unrelated businesses in which it is engaged (See Rev. R...
by SlowMovingInvestor
Thu Apr 04, 2019 7:19 pm
Forum: Personal Investments
Topic: Chase YouInvest cost basis method
Replies: 39
Views: 3885

Re: Chase YouInvest cost basis method

Regarding the cash sweep position, this reserve provides 0.03% for taxable and retirement accounts :annoyed . From what I know, Vanguard offers 2.01% and Fidelity at 2.09% (2.13% for IRA). But, if you let them manage your investments for you they will give you 2.25%? This pushes investors to not ha...
by SlowMovingInvestor
Thu Apr 04, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

Question: I now have a chase trifecta, and around 140,000 points. Is it better to redeem these through the Chase Travel Portal, or to transfer to United and redeem there? For biz class travel, especially international biz class, definitely transfer and buy. ADDED: But yes, wait to transfer till you...
by SlowMovingInvestor
Thu Apr 04, 2019 9:00 am
Forum: Personal Investments
Topic: Best new brokerage account bonuses- Offer Vanguard??
Replies: 29
Views: 2394

Re: Best new brokerage account bonuses- Offer Vanguard??

Here is one observation that should give us all pause. If the consumer really comes out ahead on average on these bonuses, they would disappear. That tells me that the average bonus taker is still ending up putting more cash in the brokerage's account than in their own pocket therefore you have to ...
by SlowMovingInvestor
Thu Apr 04, 2019 8:32 am
Forum: Personal Investments
Topic: Best new brokerage account bonuses- Offer Vanguard??
Replies: 29
Views: 2394

Re: Best new brokerage account bonuses- Offer Vanguard??

You can get VUSXX transaction free at Chase You Invest. They have a good offering of 60K UR points for just 75K, but their cash bonuses are on the low side.
by SlowMovingInvestor
Wed Apr 03, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3822
Views: 703317

Re: What's Your Credit Card Rewards Strategy?

So I’m back to use British Airways credit card rewards as a hedging strategy. Originally I was thinking of ditching it, except VOW airline went bankrupt, Norwegian Air could be in trouble too, so I might as well use this card to get first class tickets on British Airways. It does seem like first cl...
by SlowMovingInvestor
Wed Apr 03, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Delta skymiles Amex gold
Replies: 21
Views: 1448

Re: Delta skymiles Amex gold

Has anyone had any luck using Delta miles for international biz class (primarily to Europe, but also Asia) ? I find availability limited, very high mileage (100K+) most of the time. But I think one point in favor of taking this deal is that Amex might resurrect the once in a lifetime language for th...
by SlowMovingInvestor
Wed Apr 03, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Delta skymiles Amex gold
Replies: 21
Views: 1448

Re: Delta skymiles Amex gold

I like to use miles for international biz class, but my experience on my travel routes has been that Delta has the worst redemption rates and availability.

They do have some good partners like Virgin Atlantic, KLM/Air France etc., but availability seems to be very limited.
by SlowMovingInvestor
Mon Apr 01, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Homesite Insurance
Replies: 10
Views: 1047

Re: Homesite Insurance

Homesite is owned by American Family, which is rated A (Excellent) by AM Best: https://newsroom.amfam.com/am-best-affirms-american-familys-a-excellent-financial-strength-rating/ American Family has a reputation for poor service. It placed 19th out of 22 companies in the J.D. Power property claims s...