Search found 80 matches

by dardeninvestor
Thu Jul 30, 2020 6:17 am
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Re: Variable Speed HVACs

My issue with the higher SEER HVAC equipment was not necessarily the "payback period" it was more the cost of repair when something broke down and that it would break down more often (usually complexity invites more problems) I just talked with an AC tech that has been in his trade for close to 40 ...
by dardeninvestor
Wed Jul 29, 2020 9:35 pm
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Re: Variable Speed HVACs

So you think sweet spot will be higher or lower than 3.5? Is your house tighter or looser than average? Is your city hotter or cooler than Miami? Since you have a one-stage air conditioner, you can measure the actual cooling load by timing the duty cycles. Since you feel humid, you can also measure...
by dardeninvestor
Wed Jul 29, 2020 2:20 pm
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Re: Variable Speed HVACs

3000 sq ft one story so 5 tons seems not oversized. I suggest that 600sf/ton is very likely oversized if your house just meets code - from your description, it might be better than that and hence more oversized. Here is one set of data from sizing calculations (manual-J) in an Energy Vanguard blog ...
by dardeninvestor
Wed Jul 29, 2020 1:39 pm
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Re: Variable Speed HVACs

Just to be clear, is it the fan or the AC/heatpump compressor that runs at more than one speed? I thought OP was talking about compressor, and it has morphed into the inside blower fan. I'm all for inside blower variable speed fan. It improved our comfort tremendously. I'm dubious about variable sp...
by dardeninvestor
Wed Jul 29, 2020 9:26 am
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Re: Variable Speed HVACs

Just to be clear, is it the fan or the AC/heatpump compressor that runs at more than one speed? I thought OP was talking about compressor, and it has morphed into the inside blower fan. I'm all for inside blower variable speed fan. It improved our comfort tremendously. I'm dubious about variable sp...
by dardeninvestor
Wed Jul 29, 2020 7:56 am
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Re: Variable Speed HVACs

Right that’s what I’ve noticed. Variable speed improves humidity control (with potential reliability/longevity issues, which I have definitely experienced as well).

Seems like some think just a dehumidifier may be a simpler solution.

3000 sq ft one story so 5 tons seems not oversized.
by dardeninvestor
Wed Jul 29, 2020 7:05 am
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Re: Variable Speed HVACs

Question: Do you live in a area with a lot of lightning. VFD's can be notoriously sensitive to power surges and voltage spikes. Some manufacturers equipment are better filtered than others. But no matter what, all of this electronics is less durable than a plain old relay system found with single o...
by dardeninvestor
Tue Jul 28, 2020 9:19 pm
Forum: Personal Consumer Issues
Topic: Variable Speed HVACs
Replies: 31
Views: 2206

Variable Speed HVACs

Curious about folks’ opinions on variable speed A/Cs. At my old house I had a 3-ton 20 SEER variable speed Carrier Infinity heat pump with a 98% furnace. Installed in 2014. When it worked, worked well. I was more always more impressed by the A/C than the heating element. Nice air quality, never stag...
by dardeninvestor
Sun Jun 28, 2020 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

They are in their 90s and buying a new place???? :shock:
Retirement condo complex with assistance optional.
by dardeninvestor
Sun Jun 28, 2020 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

Underground drainage looks nice. But very costly to set up, & remedy if when problems arise. Depending on the wording in the contract, leading the gutters to above ground away from the house may satisfy your original repair request. I think the sellers will want to close more than you do. While I t...
by dardeninvestor
Sun Jun 28, 2020 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

My read is the seller expected the gutter repair to be essentially free, just have their guy clean them out. That's why they agreed up front. You come along days before closing and get someone known to charge multiples of the going rate to come inspect the lines at your cost... No problem do what y...
by dardeninvestor
Sun Jun 28, 2020 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

My read is the seller expected the gutter repair to be essentially free, just have their guy clean them out. That's why they agreed up front. You come along days before closing and get someone known to charge multiples of the going rate to come inspect the lines at your cost... No problem do what y...
by dardeninvestor
Sun Jun 28, 2020 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

To re-cap, the sellers are crediting you for mold/crawl space remediation. You paid $2K for roto-rooter, which is your responsibility, IMO, since you called them out. There is a remaining $0-$6K gutter drainage issue to resolve. A) Are the drainspouts such that they can be cut 6-10" above the groun...
by dardeninvestor
Sun Jun 28, 2020 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

Cleaning drainspouts and having them drain to daylight vs requesting a ton of money to completely rip up and replace the underground drains are two entirely different things in my book and if I was the seller I would consider your demand to be crazy. This X 10. OP I understand why you be upset and ...
by dardeninvestor
Sat Jun 27, 2020 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

I’m confused why you paid for $2k if work on someone else’s property (I.e. before closing)? Did they agree to reimburse for that? If not, they must really think you want the house badly if your willing to repair their property before closing. They did verbally to my agent. My real estate agent made...
by dardeninvestor
Sat Jun 27, 2020 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

jfn111 wrote: Sat Jun 27, 2020 9:35 pm You have 2 options, refuse to close because the repairs were not made or close and accept the property as-is. You of course can try to finesse something in between but the bottom line is go, no go.
So you think option #2 in my original post will never fly?
by dardeninvestor
Sat Jun 27, 2020 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

celia wrote: Sat Jun 27, 2020 9:30 pm What is your agent's suggestion?

What is the seller's suggestion?
#2 is agent's suggestion.

Seller has yet to comment after finding about the $6K issue. They just figured it was going to be a $1K issue.
by dardeninvestor
Sat Jun 27, 2020 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

Seller not willing to delay closing (they close on a different property right after our closing) but they are not keen on giving us additional funds to make these repairs given the credit we got for the crawl space. (1) Simply walk away (2) Demand $6-10K be held in escrow by an attorney to be distr...
by dardeninvestor
Sat Jun 27, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

[/quote] This was my first reaction as well. This whole story is very odd. Do you know these people? [/quote] Socially through friends. Not close with them but when making the initial offer we judged them to be respectable. Downside to that very clear now. I still think they are respectable, but har...
by dardeninvestor
Sat Jun 27, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Re: Seller did not make agreed upon repairs; closing in 2 days

I’m confused why you paid for $2k if work on someone else’s property (I.e. before closing)? Did they agree to reimburse for that? If not, they must really think you want the house badly if your willing to repair their property before closing. They did verbally to my agent. My real estate agent made...
by dardeninvestor
Sat Jun 27, 2020 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Seller did not make agreed upon repairs; closing in 2 days
Replies: 55
Views: 5815

Seller did not make agreed upon repairs; closing in 2 days

Curious what others would do in this situation. We close on a home in 2 days. During the initial home inspection, I found some mold in the crawl space, a few puddles. I negotiated the maximum allowable (based on my lender's rules) seller credit to encapsulate and modernize the crawl space, remediate...
by dardeninvestor
Tue May 12, 2020 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Naming Beneficiaries at Vanguard
Replies: 15
Views: 1015

Re: Naming Beneficiaries at Vanguard

For IRAs and retirement accounts have always named spouse as beneficiary and my revocable trust as my contingent beneficiary. My trust agreement then spells out the per stripes distribution. That said, I recently went through all this at Schwab and they have a beneficiary form with checkboxes that s...
by dardeninvestor
Wed Apr 22, 2020 8:47 pm
Forum: Personal Investments
Topic: AAPL MSFT GOOG AMZN ???
Replies: 85
Views: 6939

Re: AAPL MSFT GOOG AMZN ???

If your cost basis is low, I just might consider keeping your current allocations.
by dardeninvestor
Sun Apr 19, 2020 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Disability Do You Recommend For My Situation?
Replies: 15
Views: 844

Re: How Much Disability Do You Recommend For My Situation?

At $300K/income per year, I think $15K/month is pretty standard. Not hugely convinced someone need's more though. It is insurance after all... Would just run a Guardian with 3% COLA, enhanced partial. If you think $10K is adequate for your current expenses, just purchase a $10K policy with a $5K FIO...
by dardeninvestor
Sun Apr 19, 2020 7:43 am
Forum: Personal Finance (Not Investing)
Topic: How Much Disability Do You Recommend For My Situation?
Replies: 15
Views: 844

Re: How Much Disability Do You Recommend For My Situation?

Also it doesn't have to be Guardian if you're looking to cut costs...
by dardeninvestor
Sat Apr 11, 2020 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: DI - Limitation While Outside the United States or Canada [Disability Insurance]
Replies: 9
Views: 468

Re: DI - Limitation While Outside the United States or Canada [Disability Insurance]

One specific request from my side on DI is that I'd like to have a policy that doesn't restrict its coverage area to be residents of US/CA. I have no idea where I'll be residing over the next 20 years so I'd like to have a policy that's flexible enough to allow disability claims to be filed no matt...
by dardeninvestor
Thu Apr 09, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: DI - Limitation While Outside the United States or Canada [Disability Insurance]
Replies: 9
Views: 468

Re: DI - Limitation While Outside the United States or Canada [Disability Insurance]

I used to have my disability policy with MassMutual and the agent was able to get in writing that I could live outside the US and still collect benefits. That said, their customer service was slow to respond, agent was very much a salesman, responses back to the agent from the home office took fore...
by dardeninvestor
Thu Apr 09, 2020 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: DI - Limitation While Outside the United States or Canada [Disability Insurance]
Replies: 9
Views: 468

Re: DI - Limitation While Outside the United States or Canada [Disability Insurance]

I used to have my disability policy with MassMutual and the agent was able to get in writing that I could live outside the US and still collect benefits. That said, their customer service was slow to respond, agent was very much a salesman, responses back to the agent from the home office took forev...
by dardeninvestor
Thu Apr 09, 2020 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5810

Re: Mortgage payoff - Am I crazy?

If you have 6 months of emergency salary for both your wife and yourself...and could cover the tuition of both kids as part of that emergency fund, pay off the mortgage.

Otherwise I would stay liquid.
by dardeninvestor
Mon Apr 06, 2020 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: tenancy by entirety for bank account?
Replies: 14
Views: 2396

Re: tenancy by entirety for bank account?

That's the issue. Unfortunately, I think this will be a limitation of these high yield online savings accounts. Limited experience on their part about how to run a bread & better commercial account.
by dardeninvestor
Sun Apr 05, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: tenancy by entirety for bank account?
Replies: 14
Views: 2396

Re: tenancy by entirety for bank account?

TheNightsToCome wrote: Sun Apr 05, 2020 6:13 pm Fifth Third Bank allowed me to title our accounts as TBE.
At a high yield savings rate like Amex or Marcus?
by dardeninvestor
Sun Apr 05, 2020 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: tenancy by entirety for bank account?
Replies: 14
Views: 2396

Re: tenancy by entirety for bank account?

Do you think I’d just have to write a letter to the bank and see? Call the bank. I’d familiarize yourself with how TBE works. As noted above liability insurance should be the first line of defense (and will pay for defense costs). In some professions, like medicine, where the stakes are high and pr...
by dardeninvestor
Sun Apr 05, 2020 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: tenancy by entirety for bank account?
Replies: 14
Views: 2396

Re: tenancy by entirety for bank account?

In Virginia it’s permitted with banks. With Schwab it was literally as simple as signing a form. So that happened instantly.

Do you think I’d just have to write a letter to the bank and see? It’s actually not even clear to me on my Amex statement how these joint accounts are structured.
by dardeninvestor
Sun Apr 05, 2020 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: tenancy by entirety for bank account?
Replies: 14
Views: 2396

Re: tenancy by entirety for bank account?

An an update to this post: Has anyone found a Tenancy By The Entirety structure at one of the high yield savings banks? For example, Amex Savings has ours as JTWROS which is not the same thing. They were flabbergasted when I asked them to make it TBE. So I will likely switch if I can find a similar ...
by dardeninvestor
Wed Apr 01, 2020 9:16 pm
Forum: Personal Investments
Topic: Buying the S&P when market low: VFIAX vs VOO?
Replies: 4
Views: 701

Re: Buying the S&P when market low: VFIAX vs VOO?

I have Schwab accounts. In taxable I use VOO. In retirement account (as well as custodial accounts for my children in which taxes are not currently an issue) I use SWPPX. I would not buy VFIAX via Schwab unless you can talk the online chat people or a phone customer service rep into a free trade. Va...
by dardeninvestor
Thu Mar 26, 2020 11:32 am
Forum: Personal Investments
Topic: VTSAX vs VOO
Replies: 18
Views: 2740

Re: VTSAX vs VOO

I use SWPPX in tax advantaged thru Schwab, no minimums. I got tired of those sorts of bookkeeping rules with Vanguard. I have been disappointed at how much work I have to do to buy an ETF at Vanguard. I can set the site to automatically pull money from my checking into my vanguard money market fund...
by dardeninvestor
Wed Mar 25, 2020 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market Response in this environment?
Replies: 57
Views: 7545

Re: Housing Market Response in this environment?

We were looking at a house 4 weeks ago. Seller was asking 15% over what they paid in 2017 with minimal improvements so we passed without offering. As in above story, buyers rescinded the offer based on corona. Over the past 4 weeks Dow crashed and businesses aren't yet reopen. Curious to see what h...
by dardeninvestor
Wed Mar 25, 2020 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Market Response in this environment?
Replies: 57
Views: 7545

Re: Housing Market Response in this environment?

We were looking at a house 4 weeks ago. Seller was asking 15% over what they paid in 2017 with minimal improvements so we passed without offering. As in above story, buyers rescinded the offer based on corona. Over the past 4 weeks Dow crashed and businesses aren't yet reopen. Curious to see what ha...
by dardeninvestor
Tue Mar 24, 2020 9:40 pm
Forum: Personal Investments
Topic: VTSAX vs VOO
Replies: 18
Views: 2740

Re: VTSAX vs VOO

I use SWPPX in tax advantaged thru Schwab, no minimums. I got tired of those sorts of bookkeeping rules with Vanguard.
by dardeninvestor
Mon Mar 23, 2020 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy more life insurance?
Replies: 35
Views: 2454

Re: Should I buy more life insurance?

Agree on having an individual level 20 year term policy and not relying on employer. Lose job, lose insurance, may not be as healthy or young when have to find it on own. I personally put 80% in a 20 year term, 20% in a 30 year term. Term4sale gives you a ballpark for what you should pay Depending o...
by dardeninvestor
Mon Mar 23, 2020 10:04 pm
Forum: Personal Investments
Topic: VTSAX vs VOO
Replies: 18
Views: 2740

Re: VTSAX vs VOO

Would also add that in most cases an ETF is better in taxable brokerage. With Vanguard, doesn’t matter. If you can meet the Vanguard Mutual fund’s minimum investment and plan to contribute regularly go with the mutual fund version. Whether to pick S&P500 vs total stock market is still a matter of de...
by dardeninvestor
Sun Mar 22, 2020 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Personal disability insurance for dentists and surgeons
Replies: 28
Views: 1744

Re: Personal disability insurance for dentists and surgeons

The issue is that most physicians have huge negative net worth due to loans which can go over half a million dollars in some scenarios. Combine this with the inability for most of them to payback the loans any other way, and disability insurance can be good. You hear this a lot but it doesn't seem ...
by dardeninvestor
Fri Aug 23, 2019 10:07 am
Forum: Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 35
Views: 5637

Re: Schwab user. Where should I put my Emergency Fund?

Honestly I really never touch it. So effective duration of 1.9 years is OK I suppose. Just an emergency fund.

Granted with SCHO I'm missing the current higher yielding ultra-short end of things.
by dardeninvestor
Thu Aug 22, 2019 9:28 pm
Forum: Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 35
Views: 5637

Re: Schwab user. Where should I put my Emergency Fund?

I'm really glad I'm not the only one with this question! For me I don't need the immediate liquidity on-line savings or MM would provide, so I've debated why not park it in SCHO.
by dardeninvestor
Thu Aug 22, 2019 8:03 pm
Forum: Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 35
Views: 5637

Re: Schwab user. Where should I put my Emergency Fund?

And as a follow-up do you feel yields are any different than what you'd get via on-line savings accounts. To clarify, since MM (SNSXX) won't decline in value and high yield on-line savings is FDIC insured...do people feel there is any potential return advantage/premium you achieve by investing in sh...
by dardeninvestor
Thu Aug 22, 2019 7:49 pm
Forum: Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 35
Views: 5637

Re: Schwab user. Where should I put my Emergency Fund?

Curious to those on this thread, now that a year has passed: Are you using SCHO or SNSXX for your emergency fund (assuming you choose to keep it invested in Treasuries) SCHO is Schwab's short-term treasury ETF with a low ER (it's not ultra-short like I presume a money market would be, but $0 commiss...
by dardeninvestor
Thu Aug 22, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: American Express Personal Savings rate dropping from 2.10% to 1.90% tomorrow (08.22.19)
Replies: 19
Views: 2017

Re: American Express Personal Savings rate dropping from 2.10% to 1.90% tomorrow (08.22.19)

No...but they are free to open and no cost to maintain and I can literally "name" each on their website (e.g., "Mortgage" "Insurance" "Emergency"). When I login to Amex it shows me a summary page identifying each account by these names. One transaction occurs in each a month. They do limit you to 6...
by dardeninvestor
Thu Aug 22, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: American Express Personal Savings rate dropping from 2.10% to 1.90% tomorrow (08.22.19)
Replies: 19
Views: 2017

Re: American Express Personal Savings rate dropping from 2.10% to 1.90% tomorrow (08.22.19)

No...but they are free to open and no cost to maintain and I can literally "name" each on their website (e.g., "Mortgage" "Insurance" "Emergency"). When I login to Amex it shows me a summary page identifying each account by these names. One transaction occurs in each a month. They do limit you to 6 ...
by dardeninvestor
Thu Aug 22, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 72
Views: 9126

Re: Vanguard vs. Fidelity??

If at Fidelity: IVV.

If at Vanguard: IVV or VOO.

If at Schwab: SCHX (they do not have a true commission free ETF for S&P 500).