Search found 30 matches

by Corsair
Tue Jan 21, 2020 1:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12587
Views: 2180439

Re: U.S. stocks in free fall

Grateful I don’t own Chinese stocks or emerging markets. VWO down -2.5%. Hopefully the Chinese government limits whatever they need to so this doesn’t keep happening.
by Corsair
Mon Jan 20, 2020 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 130
Views: 14912

Re: Vehicles as a percentage of net worth

I also don't count them in net worth but I don't understand "rich" people who drive super old cars. Safety and having the newest tech isn't worth saving $30K.
by Corsair
Sun Jan 19, 2020 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Shouldering the burden of my in-laws’ lifestyle
Replies: 48
Views: 4302

Re: Shouldering the burden of my in-laws’ lifestyle

You didn't state anything regarding your wife's feeling, esp. since they are her parents... what does she think?
by Corsair
Fri Jan 17, 2020 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Realized we made a major mistake and feeling really sick.
Replies: 162
Views: 13155

Re: Realized we made a major mistake and feeling really sick.

BogleFanGal wrote:
Fri Jan 17, 2020 1:08 pm
I held onto mine and lost tens of thousands when the company unexpectedly tanked. Was writing that one off for a while. Be grateful and thankful you made so much money...first world problem
Agreed, I would LOVE to have made what OP realized. It’s $800K dollars!
by Corsair
Thu Jan 16, 2020 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 229
Views: 19857

Re: Quicken 2019 and forward

Been using it for 2 weeks now and I've got to say I love it :beer Don't track net worth but the budget & bill pay tracking is awesome. Being able to be on the same page with DW through the app is a huge plus too.
by Corsair
Thu Jan 09, 2020 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Insurance Shopping - Progressive / Esurance?
Replies: 17
Views: 946

Re: Insurance Shopping - Progressive / Esurance?

Been with Progressive for 7-8 years. Had a claim last year and the process was professional and smooth. After some years you get small and then large accident forgiveness (depending on the state)
by Corsair
Tue Jan 07, 2020 8:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12587
Views: 2180439

Re: U.S. stocks in free fall

This is why I own bonds and gold. Hoping it’s not anything big. Will be a good test for our asset allocations.
by Corsair
Sat Jan 04, 2020 11:54 am
Forum: Personal Investments
Topic: New Investor - 401(k) Fund Advice
Replies: 6
Views: 420

Re: New Investor - 401(k) Fund Advice

Things I would do if in your shoes: Request a better selection of mutual funds, esp. the addition of index funds and target date funds! Since your current salary is 92K and will increase [lawyer] I would consider putting the contribution into a Roth 401(k) if available. You're in the 22% bracket wit...
by Corsair
Sat Jan 04, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: Do Home Prices Really Drop During a Recession, or was 2009 a Fluke?
Replies: 42
Views: 2957

Re: Do Home Prices Really Drop During a Recession, or was 2009 a Fluke?

All real estate is LOCAL. What matters is supply and demand in the specific area. This means more than the large metro, but down to the neighborhood. Demand is heavily effected by local jobs. So national recession matters little to what happens in your block! Unless you have foreign buyers who are ...
by Corsair
Fri Jan 03, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12587
Views: 2180439

Re: U.S. stocks in free fall

Happy I own IAU as part of my fixed component :beer Up ~5% last month.
by Corsair
Sun Dec 29, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 229
Views: 19857

Re: Quicken 2019 and forward

Just got Quicken - first time user. Looking forward to it helping with budgeting. Thank you everyone for calling out the 14 month deal on Amazon. Going through the process Quicken has a deal of +1 free month with Autopay enabled (can be turned off whenever). So I got 15 months for $33 plus tax. :beer
by Corsair
Thu Dec 26, 2019 3:01 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1327
Views: 149459

Re: What frugal thing did you do today?

Returning a Christmas present because my 5 year+ Apple product still works :beer
by Corsair
Thu Dec 26, 2019 2:55 pm
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6060

Re: When can I transfer $6k to ROTH for 2020?

1/1/20 is my understanding. Most will say do a lump sum but I always DCA.
by Corsair
Thu Dec 26, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer at FAANG for $350k - Declining Offer
Replies: 161
Views: 17440

Re: Job offer at FAANG for $350k

The median income in the US is $61,937. https://www.census.gov/library/stories/2019/09/us-median-household-income-up-in-2018-from-2017.html Some of the comments here are hilarious. OP current salary of $170K is an insane amount of money. I can't wrap my mind around making $350K per year. Why trade i...
by Corsair
Sat Nov 23, 2019 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Health insurer denying entire claim
Replies: 27
Views: 2804

Re: Health insurer denying entire claim

Happy to hear OP is doing well! :beer

Not a fan of BCBS. As soon as you reach your deductible or have a big claim they fight tooth and nail from my experience. Either its not covered, or out of network, or some other BS.

Agree with others, medical system in US is broken.
by Corsair
Mon Oct 28, 2019 2:19 pm
Forum: Personal Investments
Topic: Extra $75k
Replies: 16
Views: 2441

Re: Extra $75k

What state are you in? What are your homestead laws (% protected from creditors)? https://en.wikipedia.org/wiki/Homestead_exemption California protects up to $75,000 for single people, $100,000 for married couples, and $175,000 for people over 65 or legally disabled. In California, SB 308 was introd...
by Corsair
Mon Oct 28, 2019 2:17 pm
Forum: Personal Investments
Topic: Roth or taxable for downpayment
Replies: 7
Views: 343

Re: Roth or taxable for downpayment

What state are you in?

Some states protect IRAs from creditors, where I don't know of a single state that applies that to taxable.

Check homestead laws too, your state might protect a % of the house from creditors.
by Corsair
Wed Oct 23, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance due to freelance work
Replies: 16
Views: 1599

Re: Turned down for umbrella insurance due to freelance work

Home owners policy excludes business activity.

Would $1m E&O and general liability polices with Hiscox be sufficient? Looking at new $1M auto/home policies and skipping umbrella for now. Trying to make it work

Thank you
by Corsair
Wed Oct 23, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance due to freelance work
Replies: 16
Views: 1599

Re: Turned down for umbrella insurance due to freelance work

Thank you everyone for the helpful responses :beer Business license it not required in WA as it meets certain requirements (per Department of Revenue and Department of Licensing). I'll check with Progressive on the current homeowner coverage. We may have to opt for clients not coming to the house. ...
by Corsair
Wed Oct 23, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance due to freelance work
Replies: 16
Views: 1599

Re: Turned down for umbrella insurance due to freelance work

Thank you everyone for the helpful responses :beer Business license it not required in WA as it meets certain requirements (per Department of Revenue and Department of Licensing). I'll check with Progressive on the current homeowner coverage. We may have to opt for clients not coming to the house. L...
by Corsair
Wed Oct 23, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance due to freelance work
Replies: 16
Views: 1599

Turned down for umbrella insurance due to freelance work

Nothing seems to be going smoothly lately :oops: Have auto/home with Progressive. Clean records. They were giving me $2m w/o underwriting for $300 and asked if anyone did business at the home. Which I told them yes, my DW started doing freelance makeup recently. Maybe 3-4 visits max per month mostly...
by Corsair
Tue Oct 22, 2019 11:23 am
Forum: Personal Consumer Issues
Topic: BCBS wont pay lab bill...
Replies: 44
Views: 4275

Re: BCBS wont pay lab bill...

I recommend contacting the lab directly and saying insurance refuses to cover it and asking them to lower the bill. Many of these companies know that patients complaining to the doctors about unexpected bills will turn off their flow of very profitable tests. They will often eat the cost to avoid t...
by Corsair
Mon Oct 21, 2019 10:13 pm
Forum: Personal Investments
Topic: Best way to save for kids and protect from creditors
Replies: 10
Views: 1466

Re: Best way to save for kids and protect from creditors

I suppose that’s why there is a maximum yearly out-of-pocket. I try to keep twice that amount as part of my emergency fund, in addition to about 6 months expenses. Hopefully a sound financial footing will allow you to move past your worries... If insurance says they will not cover it it doesn't cou...
by Corsair
Mon Oct 21, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: BCBS wont pay lab bill...
Replies: 44
Views: 4275

Re: BCBS wont pay lab bill...

Thank you every one for the feedback :beer I contacted insurance and they said appeal it. The doctors assistant left us a VM and DW will try to call them tomorrow. We've been with this doctor for years (is our family doctor). The non-approved code was 87507, reason "experimental or investigational s...
by Corsair
Mon Oct 21, 2019 1:45 pm
Forum: Personal Investments
Topic: Best way to save for kids and protect from creditors
Replies: 10
Views: 1466

Re: Best way to save for kids and protect from creditors

adamthesmythe wrote:
Mon Oct 21, 2019 12:55 pm
These risks can probably be insured against.

Have good health insurance and an umbrella policy.
Thanks for the replies thus far. We recently had a large lab test which insurance says they will not cover. We have savings in an HSA but got my mind thinking of what-ifs
by Corsair
Mon Oct 21, 2019 10:27 am
Forum: Personal Consumer Issues
Topic: Email Compromised On The Dark Web
Replies: 20
Views: 3906

Re: Email Compromised On The Dark Web

Agree with others on changing passwords, DFA, apple keychain. They probably spoofed your email address. Just like how you get fake emails which appear to be from Apple. Do you show the email in your outbox?
by Corsair
Mon Oct 21, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: Updgrade car for new safety features?
Replies: 77
Views: 5564

Re: Updgrade car for new safety features?

My vote would be definitely, having the newer safety features is huge for me esp with little kids. We try for every 5-7 years upgrading.
by Corsair
Mon Oct 21, 2019 10:11 am
Forum: Personal Consumer Issues
Topic: BCBS wont pay lab bill...
Replies: 44
Views: 4275

BCBS wont pay lab bill...

We met our deductible and our little guy recently had a bad stomach bug. His doctor recommended a stool test to check for bugs which came he had bad e coli. He has since got better thankfully. Now BCBS says its an experimental test and I owe the $2600 :shock: Doctor never said the test would not be ...
by Corsair
Mon Oct 21, 2019 10:05 am
Forum: Personal Investments
Topic: Best way to save for kids and protect from creditors
Replies: 10
Views: 1466

Best way to save for kids and protect from creditors

Thought I had everything sorted out but had an ah ha moment... we've been savings for the kids for a house/college fund. DW and I discussed the various options but settled on a brokerage account in our name. This allows us full control over the funds, when to disperse them, etc. I had a realization ...