Search found 39 matches

by dyelun
Fri Oct 27, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance company will not process policy due to "unknown" cause of death
Replies: 14
Views: 3691

Re: Insurance company will not process policy due to "unknown" cause of death

Thanks all for the feedback. I will past that along. And will also find out more on whether the policy is actually term life or something else.

I sense it will be a long process before this is resolved. Hopefully I'm wrong.
by dyelun
Wed Oct 25, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance company will not process policy due to "unknown" cause of death
Replies: 14
Views: 3691

Insurance company will not process policy due to "unknown" cause of death

Hi, A relative is coming across problems while filing a life insurance claim on his deceased son. The amount is >100k. I believe it was a term life policy and it was written 10+ years ago. I don't have the exact numbers but can find out if that's important. In any event, his son passed at the young ...
by dyelun
Thu Apr 30, 2015 11:13 am
Forum: Personal Finance (Not Investing)
Topic: How do I calculate depreciation/basis for rental?
Replies: 38
Views: 4378

Re: How do I calculate depreciation/basis for rental?

Has the OP confirmed that he's been reporting the rental income?

Depreciation is only suppose to offset rental income correct?
by dyelun
Wed Apr 29, 2015 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance - MetLife
Replies: 6
Views: 1044

Re: Term Life Insurance - MetLife

Thanks everyone for the feedback! I'm going to stop by the office to start the process on a 20 year term policy. It should cover my family up to sophomore year in college for my youngest one.

Was also considering maybe 25 or even 30 years, but it cost considerably more.
by dyelun
Wed Apr 29, 2015 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance - MetLife
Replies: 6
Views: 1044

Term Life Insurance - MetLife

Hi, I'm looking into buying term life insurance and considering MetLife. Their rating is A+ so appear to be a good company and it is the lowest premium (quote only / have not done a physical yet). However, I wanted to check with the experts on this board. Are there any reasons why I shouldn't go wit...
by dyelun
Fri Sep 03, 2010 10:03 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST leaders
Replies: 8
Views: 1672

Sorry for the newbie questions, but what are people guessing on?
by dyelun
Wed Sep 01, 2010 8:02 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth article on using CDs instead of treasuries
Replies: 47
Views: 9366

My bank does not offer IRA CDs, so I was looking around to see what rates are available elsewhere. Of those that Allan mentions, Ally does not offer IRA CDs. A taxable CD does not seem like a very good idea assuming that one's current bond holdings are within an IRA (would incur taxes, may require ...
by dyelun
Tue Aug 24, 2010 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CD maturing - crunching the numbers
Replies: 11
Views: 2418

This is a great idea.

I was going to sign up for an Alliant Credit Union 24month CD but signing up for an Ally 60month CD and terminating after 24months sounds like a better idea.
by dyelun
Wed Aug 18, 2010 8:46 am
Forum: Personal Consumer Issues
Topic: website help
Replies: 7
Views: 1052

Personally, I use Joomla! ( http://www.joomla.org/ ) open-source software to build my webpage as it limits the amount of coding you need to perform and it can usually be installed free through web hosting providers. I will explore Joomla, thanks for the advice. I realize my web hosting provider (Bl...
by dyelun
Thu Aug 12, 2010 3:40 pm
Forum: Personal Consumer Issues
Topic: The Best Man Speech
Replies: 31
Views: 5198

A few rules for the best man speech: 1) Write it down, rehearse it, bring a written copy with you onstage, and remember to bring a drink to toast the happy couple with. 2) It's a toast, not the state of the Union. Keep it light and brief. 3) The groom is fair game for light roasting. The bride is n...
by dyelun
Tue Aug 10, 2010 9:22 am
Forum: Personal Investments
Topic: The Weirdness of Converting Tradional IRAs to Roths...
Replies: 15
Views: 2733

Would it be possible to contribute both to a Roth and also a non-deductible regular IRA, which you immediately convert to a Roth? Essentially contributing twice to a Roth in one year.
by dyelun
Mon Aug 09, 2010 9:04 am
Forum: Personal Consumer Issues
Topic: Help with NYC trip
Replies: 44
Views: 6537

If you're going to do a musical, then Mary Poppins is my recommendation.
by dyelun
Thu Aug 05, 2010 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Are you obsessed with your NET WORTH?
Replies: 97
Views: 15649

Even though it shouldn't make a difference, there are some milestones that you might obsess about when you are near them. I ignore net worth because I am not interested in including my cars, house and other possessions along with investment assets. So some investment asset milestones are $100K (6-f...
by dyelun
Fri Jul 16, 2010 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Tax implications?
Replies: 14
Views: 1340

Correction. You might not care about the cost basis of individual stock/fund/etf but care more about how much of the Roth is principle vs gains.
by dyelun
Fri Jul 16, 2010 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Tax implications?
Replies: 14
Views: 1340

What is you contribute after-tax dollars to a Roth to a yearly basis but a few years down the road decide that you need to pull some of that money out for whatever reason? I'm guessing you might want to keep track of cost basis there, since you might potentially be taking out more than just the prin...
by dyelun
Thu Jul 15, 2010 8:56 am
Forum: Personal Investments
Topic: 24 years old with 50k to invest
Replies: 17
Views: 3872

Re: 24 years old with 50k to invest

The after tax yield on this portfolio would be 2.06% or around $1000 on a $50k portfolio. The duration is about 2.6 which means if rates go up a lot (say 4%) you could lose around 10% of your principal). Rates going up that much is not likely but possible. I'm new to bonds and should probably read ...
by dyelun
Fri Jul 09, 2010 4:49 pm
Forum: Personal Consumer Issues
Topic: Building an e-commerce website
Replies: 94
Views: 6641

Another pro web developer here.

Really enjoy reading this debate. Good way to kill some time on a Friday afternoon.
by dyelun
Wed Jun 16, 2010 9:11 am
Forum: Investing - Theory, News & General
Topic: Family visiting Hong Kong
Replies: 12
Views: 1977

I agree with semperlux, the list is really endless. Hong Kong is definitely one of the best cities in the world.
by dyelun
Wed Jun 16, 2010 9:10 am
Forum: Investing - Theory, News & General
Topic: Family visiting Hong Kong
Replies: 12
Views: 1977

To see - tam up to Victoria Peak (go on a less hazy day around 5pm and stay till about - Hong Kong Harbour lightshow from kowloon side @8pm dailiy (a little cheesey) - Big Buddha - Nathan Road (for shopping) - Stanley Market (tourist trap but some folks love it) I'm not sure how comfortable you are ...
by dyelun
Tue Jun 08, 2010 10:36 pm
Forum: Personal Consumer Issues
Topic: Short Trip to Niagara Falls
Replies: 29
Views: 4667

Also, there is an attraction that takes you to the base of the Canadian Horseshoe Falls. I think this might be called "Behind the Falls" There's a bunch of things to do on Cliffton Hills but mostly tourist traps (wax museum, haunted house, etc), so buyer beware. There's also a giant ferris wheel at...
by dyelun
Mon Jun 07, 2010 8:14 pm
Forum: Personal Consumer Issues
Topic: Where to eat and what to see in Toronto?
Replies: 18
Views: 2589

Eggspectation for breakfast/brunch on Yonge St.
by dyelun
Mon May 31, 2010 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Decent income, living in NYC, paying a high rent
Replies: 97
Views: 13947

I'm also 34 and have spent most of my life living in NYC (last 28 years). For some reason a lot of people whom I've met that moved here later on in life (after college) can only imagine living in Manhattan and no where else in NYC. They don't think living in the boroughs is considered living in NYC ...
by dyelun
Fri May 21, 2010 11:09 am
Forum: Personal Investments
Topic: Where to "park" cash in Fidelity?
Replies: 29
Views: 11854

thanks tfb
by dyelun
Fri May 21, 2010 9:21 am
Forum: Investing - Theory, News & General
Topic: How did you make your first $500,000?
Replies: 122
Views: 17713

Gasman, Neverknow, Savings would be choice number 3: A Bond-heavy portfolio (under 25% stocks). I define bonds broadly to include short-term vehicles like savings acount, money market, CD, stable value and the like. I'm not sure you quite get it Bob. It doesn't matter what I put it in. I've tracked...
by dyelun
Wed May 19, 2010 7:55 pm
Forum: Personal Investments
Topic: Where to "park" cash in Fidelity?
Replies: 29
Views: 11854

Has anyone had any experience buying brokerage CDs from Fidelity? How does it all work?
by dyelun
Tue May 18, 2010 10:41 pm
Forum: Personal Investments
Topic: Where to "park" cash in Fidelity?
Replies: 29
Views: 11854

GG wrote:TIAA Traditional is paying 3% guaranteed in an IRA. No need to hold cash or money market IMO.
Wouldn't I have to be in the education field to qualify?
by dyelun
Tue May 18, 2010 8:45 pm
Forum: Personal Investments
Topic: Where to "park" cash in Fidelity?
Replies: 29
Views: 11854

Thanks again everyone, esp Nisiprius for the detail explanation. If you wouldn't mind, could you give us a clue as to how much money we're talking about? Low four figures, high four figures, low five figures, high five figures, what? Low six figures Be prepared not to chew me out if you put in $5,00...
by dyelun
Tue May 18, 2010 12:06 am
Forum: Personal Investments
Topic: Where to "park" cash in Fidelity?
Replies: 29
Views: 11854

Thanks everyone. I took a look at Fidelity's CD table and it's a bit confusing. The description (coupon, expected yield, etc) doesn't seem like something associated with a typical CD. Also, the interest seems lower than buying straight from the bank. For example, buying a 1 year CD directly from All...
by dyelun
Mon May 17, 2010 2:11 pm
Forum: Personal Investments
Topic: Where to "park" cash in Fidelity?
Replies: 29
Views: 11854

Where to "park" cash in Fidelity?

Hi Everyone, I have a roll over IRA with Fidelity that 100% in cash - FDRXX. The return, as expected, is a paltry 0.03%. I'm thinking about moving it all to FSLXX, the return is 0.09%, not much better but still better. I'm relatively young (34), so I know having so much in cash might not be wise. I ...
by dyelun
Fri May 14, 2010 12:21 am
Forum: Personal Investments
Topic: Fidelity FDRXX v. FSLXX
Replies: 7
Views: 3490

By the way, the 7-Day Yield on FSLXX (0.09%) is 3x that of FDRXX (0.03%). How do I figure out the annual rate? I Googled it but all the formulas I see online are a bit confusing. Sadly that is an annual rate. http://en.wikipedia.org/wiki/7_Day_SEC_Yield So FSLXX is better to the tune of about $6/ye...
by dyelun
Thu May 13, 2010 11:35 pm
Forum: Personal Investments
Topic: Fidelity FDRXX v. FSLXX
Replies: 7
Views: 3490

By the way, the 7-Day Yield on FSLXX (0.09%) is 3x that of FDRXX (0.03%).

How do I figure out the annual rate? I Googled it but all the formulas I see online are a bit confusing.
by dyelun
Thu May 13, 2010 10:58 pm
Forum: Personal Investments
Topic: Fidelity FDRXX v. FSLXX
Replies: 7
Views: 3490

Resurrecting this thread... I rolled over my 401k (Fidelity) to a rollover IRA (Fidelity). All of the funds have been sitting in FDRXX for over 18months now. I know I really should put the money to work in the market but while I'm waiting to put together an investment plan, would it be better to "pa...
by dyelun
Tue May 11, 2010 1:50 pm
Forum: Investing - Theory, News & General
Topic: How much Gold to protect buying power?
Replies: 61
Views: 6501

I have about 6-7% in GDX and have had it for quite a few years now. As with anything else, I have too little when it goes up and too much when it goes down. Gold miners can be a real heartbreaker so it might be a good idea to see how many sleepless nights you're will to have before making a serious ...
by dyelun
Sun May 09, 2010 4:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs crack under stress
Replies: 101
Views: 14003

I am still confused, and totally fascinated by this situation. If I had been sitting at my computer and suddenly noticed Vanguard Small-Cap ETF was selling for 10 cents, and had quickly put in an order for 100,000 shares, would the order have been filled, and would anyone have the legal right to ca...
by dyelun
Wed May 05, 2010 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: What other Personal Finance Forums do you visit?
Replies: 35
Views: 7455

Sometimes i go to the FatWallet Finance Forum FatWallet Finance for banking and credit card related info. Red/green meter tells you which thread is worth reading. I wish I can give green to these two posts. :) Fatwallet is how I found this forum. Me too. Glad I did! Same here... in for one
by dyelun
Mon May 03, 2010 6:57 pm
Forum: Investing - Theory, News & General
Topic: How much should you have at certain ages.
Replies: 46
Views: 11242

freebeer got it exactly right: "openly stating that they are cheating all the rest of us honest taxpayers." It would go a long way to reducing our deficit (financial definitely/moral maybe) if the "off-the-book" types were visited by their friendly IRS agent. 8) Bob U. I think this is why they shou...
by dyelun
Thu Apr 29, 2010 2:39 pm
Forum: Personal Consumer Issues
Topic: If you could "buy" skill in a foreign language...
Replies: 57
Views: 7112

My mandarin is already about the level of someone who's taken a few years of high school or college courses but I would probably be willing to pay upwards of 20k or more to be truly fluent in it. I travel to China frequently and have no trouble getting around but realize my skill level is still very...
by dyelun
Wed Apr 28, 2010 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank = GMAC
Replies: 39
Views: 7614

Are people that run ally truly better bankers than those that run chase for instance or do they really need the deposits that badly? We don't know until we see the bank's book. When WAMU was running 5% CDs back in 2008, it was pretty obvious they were doing it to get more deposits. Apparently, they...
by dyelun
Wed Apr 28, 2010 12:45 am
Forum: Personal Consumer Issues
Topic: Worst Possible Move in Black Jack
Replies: 42
Views: 5716

That is definitely up there in terms of bad moves but the most frequent bad move that I see people make is split 20s (2 tens, 2 jacks, etc) - esp when the dealer doesn't even show a bust card (4, 5, 6). When I use to play blackjack I only hoped to get 20 which I would consider money-in-the-bank. Get...