Search found 3735 matches

by denovo
Sun Feb 18, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Monthly Stipends (Now) to Future Heirs?
Replies: 10
Views: 1420

Re: Monthly Stipends (Now) to Future Heirs?

Thanks all for the thoughtful comments. Indeed my heirs have a wide spread in income levels. I accept the lifestyle creep of the lowest earners since regular help or aid is meant to salve life's difficult moments and if one makes not much higher than minimum wage there are frequent such moments. I ...
by denovo
Sun Feb 18, 2018 6:04 am
Forum: Personal Consumer Issues
Topic: Anyone watching Ari Melber's "The Beat"?
Replies: 8
Views: 717

Re: Anyone watching Ari Melber's "The Beat"?

"The Beat" has been on MSNBC only since July, but it's definitiely a welcome addition. Melber is a lawyer and he breaks down legal issues in a way that's educatonal. He's a man on a mission to bring order to the legal chaos we normally see on the news. My only nit is that he sometimes cuts off a gu...
by denovo
Fri Feb 16, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Hopefully SImple Question on Real Estate Taxation
Replies: 12
Views: 460

Re: Hopefully SImple Question on Real Estate Taxation

Hi all, About twenty years ago my father passed away. With part of the life insurance check, my mother bought my two siblings and I a condo. The house was put into all three of our names. We were 19, 17, and 15. We are selling the condo. In the twenty years since it was purchased, it has depreciate...
by denovo
Fri Feb 16, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: Repairing Stucco: A Case of Contractor Gouging
Replies: 19
Views: 1714

Re: Repairing Stucco: A Case of Contractor Gouging

So my question posed here is whether you people have ever suspected that the location of your home is a primary determinant of contractor pricing? If so, do you also suspect that there is collusion on some level to fix prices? Would this be actionable, either privately through some class action, or...
by denovo
Fri Feb 16, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Transition from house to apartment
Replies: 18
Views: 1619

Re: Transition from house to apartment

1. Sell home
2. Rent for a year and then decide.

Start throwing stuff out.
by denovo
Fri Feb 16, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Amica reocurring double digit increases in homeowners insurance
Replies: 20
Views: 1381

Re: Amica reocurring double digit increases in homeowners insurance

Only way to know if you're getting a good deal or if Amica is ripping you off is to shop around.
by denovo
Fri Feb 16, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Wheel alignment new tires
Replies: 15
Views: 653

Re: Wheel alignment new tires

Op, by narrow tires, I assume you're talking about the sidewall thickness (i.e., low-profile) and not the width of the tread? 20k is unusual wear for tires. Has someone been jamming that acceleration? Depends on the tires. I ran ultra high performance summer tires only for over 10 years. Depending ...
by denovo
Fri Feb 16, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 267
Views: 18571

Re: Do people still use AAA?

I'm a late comer to AAA, but have been happy with their service. Recently, I went to rent a car, and was blown away by their cost compared to what I was seeing from others. We got a midsize car from SNA (John Wayne Airport - Orange Cty) for $210 for 10 days. This was more than $90 less than what i ...
by denovo
Fri Feb 16, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Wheel alignment new tires
Replies: 15
Views: 653

Re: Wheel alignment new tires

20k is unusual wear for tires. Has someone been jamming that acceleration?
by denovo
Fri Feb 16, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 2422

Re: USAA 41% More For Car Insurance

I have USAA, I agree they are rather high. I got a quote from Geico and was about to save ~50%! But before we finalized the deal, Geico noticed that I had a couple recent accidents (very minor fender benders.) All of a sudden the Geico quote was 30% higher than my existing USAA premium. I'm still w...
by denovo
Fri Feb 16, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 2422

Re: USAA 41% More For Car Insurance

I got a quote from Geico and was about to save ~50%! But before we finalized the deal, Geico noticed that I had a couple recent accidents (very minor fender benders.) All of a sudden the Geico quote was 30% higher than my existing USAA premium. When you get a quote from GEICO, or any company for th...
by denovo
Fri Feb 16, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 132
Views: 7587

Re: I'm Cancelling My Home Insurance

TravelforFun wrote:
Fri Feb 16, 2018 2:26 pm
essbeer wrote:
Fri Feb 16, 2018 1:51 pm
I though homeowners insurance was usually required for umbrella insurance, car insurance too.
I'm not able to ascertain this yet. Will talk to my insurance company.

TravelforFun
All umbrella policies I know of require underlying autos and homes to have liability,
by denovo
Fri Feb 16, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Connecticut is charging sales tax on out of state purchases
Replies: 13
Views: 795

Re: Connecticut is charging sales tax on out of state purchases

Connecticut is now charging sales tax on out of state purchases. A lot of national retailers do charge CT sales tax if they have a business presence in a given state. (Walmart, Sears, LL Bean, Amazon, Orvis etc) But CT has contacted many out of state retailers and requested lists of merchandise and...
by denovo
Fri Feb 16, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 393
Views: 30749

Re: What frugal thing did you do today?

I've seen about 20 movies in the last 3 months for only $30 bucks.
by denovo
Fri Feb 16, 2018 7:14 am
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 2422

Re: USAA 41% More For Car Insurance

No one here can answer that. I would shop 4 or 5 more companies to find out. You can get quotes online from all the major insurers.
by denovo
Fri Feb 16, 2018 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - 401k Small-value Choice
Replies: 9
Views: 720

Re: Portfolio Review - 401k Small-value Choice

I think the best way of evaluating risk is to think about dollars. Let's say you have 120k in assets at a certain point and a bear market hits. NOV 2019: OP's portfolio $120,450. JAN 2020: $95,453 MARCH 2020: 83,223 NOV: 2020: $60,803 Poof, 50 percent is gone. And in real life, you probably will che...
by denovo
Fri Feb 16, 2018 6:38 am
Forum: Personal Consumer Issues
Topic: Direct Primary Care-Anyone use it?
Replies: 11
Views: 929

Re: Direct Primary Care-Anyone use it?

Anyone have experience with this? The description of your service sounds like concierge medicine. Wonder why your physician called it direct primary care instead, new marketing term? Concierge medicine or MDVIP has been discussed on endless threads on Bogleheads. https://www.google.com/search?sites...
by denovo
Thu Feb 15, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Home Insurance Question
Replies: 1
Views: 257

Re: Home Insurance Question

100 percent go for Replacement Coverage. Homes depreciate in value. http://www.thetruthaboutinsurance.com/replacement-cost-vs-actual-cash-value/ Let’s say, for example, your $200,000 home burns down as a result of an electrical fire caused by your clothes dryer. How you would be reimbursed differs b...
by denovo
Thu Feb 15, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Friend with extremely high interest credit card debt
Replies: 20
Views: 1463

Re: Friend with extremely high interest credit card debt

I have a friend with $14,000 in credit card debt at extortionate interest rates, like 30%+. She works two jobs and makes $30,000/yr, no kids to worry about, no savings. The root of her problem is she spends too much, which I've tried and will continue to address. But I've avoided credit cards my wh...
by denovo
Thu Feb 15, 2018 4:57 am
Forum: Investing - Help with Personal Investments
Topic: Is VTI really "total stock market" with only 1478 holdings?
Replies: 12
Views: 1715

Re: Is VTI really "total stock market" with only 1478 holdings?

Well, then big egg on my face. I was looking at www.etfdb.com. I don't know how to insert images, but here are the links. Am I missing something? http://etfdb.com/etf/VTI/#holdings http://etfdb.com/etf/VXUS/#holdings Primary sources are generally more accurate than secondary sources like databases.
by denovo
Thu Feb 15, 2018 4:40 am
Forum: Personal Consumer Issues
Topic: Appliance repair: manufacturer authorized tech vs generic repairman?
Replies: 23
Views: 1033

Re: Appliance repair: manufacturer authorized tech vs generic repairman?

The repair guy came, and said the problem is the transmission (kudos to dudley and btenny for predicting this). Repair cost would be just under $600. I originally purchased the washer for $720. He said to skip the repair and just run the washer until it dies. And then buy a Speed Queen. His visit c...
by denovo
Wed Feb 14, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6348

Re: PSA: Bank of America now charges $12/month for checking

I guess there's some new policy at BofA, I was hit with a $12 fee from my checking account. I was no longer using the account and only kept $300 in savings to avoid monthly fees. Now I was charged the $12 checking fee and a $12 fee for pulling money from the savings to cover the overdraft. And I'm ...
by denovo
Tue Feb 13, 2018 4:39 am
Forum: Personal Finance (Not Investing)
Topic: Co-investment with parents and sibling jealosy [Home construction]
Replies: 22
Views: 2168

Re: Co-investment with parents and sibling jealosy

I agree with the siblings for a couple of reasons and think this is a bad idea. 1. A complete tear-down and rebuild with two units with the requisite permits could easily take 18 months for which they will need to pay for new living arrangements. 2. Like most people doing this kind of extensive remo...
by denovo
Mon Feb 12, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property
Replies: 15
Views: 970

Re: Selling a rental property

Factor in the commision you are saving + 1-3 months it is is empty and you are paying for taxes, mortgage and insurance while you are looking for a new buyer.
by denovo
Mon Feb 12, 2018 11:33 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6558

Re: Day trading for a living/career?

Many of them will have mathematical and investing related degrees from the top schools and they may have decades of experience. They also have full time staff to assist them and they trade as a team. Companies are also experimenting with artificial intelligence to trade stocks that can not only use...
by denovo
Mon Feb 12, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: Costco 'Goodyear' wiper blades
Replies: 24
Views: 2206

Re: Costco 'Goodyear' wiper blades

I remember buying these and then returning them before use because they got really bad reviews.
by denovo
Mon Feb 12, 2018 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5186

Re: Are REITs essentially taboo for years now with rising rates?

I'm not sure who created the wiki page, but they don't invest in shopping centers. They own free standing single use/tenant buildings. Check out the investor fact sheet: https://www.realtyincome.com/investors/investor-presentation/default.aspx [/quote] Shopping center =/shopping mall. Shopping cent...
by denovo
Mon Feb 12, 2018 12:32 am
Forum: Personal Consumer Issues
Topic: Home buying: how to send postcards to neighborhood we want to live in?
Replies: 38
Views: 3718

Re: Home buying: how to send postcards to neighborhood we want to live in?

After souring on the Realtor profession once again, I fired our buyer rep. I’d like to prospect our target neighborhood with a nice photo postcard of our family that introduces us and politely asks if they’re thinking of selling. How would I go about compiling a list of mailing addresses in the nei...
by denovo
Sun Feb 11, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Good companion card to Quicksilver?
Replies: 14
Views: 506

Re: Good companion card to Quicksilver?

Regarding the Citi Double Cash card, I do recall looking at it a while back and the main reason I didn't find it appealing is that even though the 0.5% difference can be significant in the very long term, it basically obviates the Quicksilver, relegating it to a backup in case the Citi card is lost...
by denovo
Sun Feb 11, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5186

Re: Are REITs essentially taboo for years now with rising rates?

I've commented on here about O which has almost Buffett like returns since 1994. However with rates going up it's gone from $67 to $47 in no time at all with likely more pain to come. How long until REITs may again become good DCA options? I just checked, realized O is the ticker for Realty Income ...
by denovo
Sun Feb 11, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5186

Re: Are REITs essentially taboo for years now with rising rates?

BaylorBears wrote:
Sun Feb 11, 2018 2:26 pm
I've commented on here about O
What's that?
by denovo
Sun Feb 11, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 5807

Re: Live / work in California - Technology Career

3. Desire 3: Wife do not want to retire in midwest, so need to move south. She has never experienced 100+ weather. Me hate above 80+ weather. Can tolerate, but will not enjoy. Been in Arkansas during summer for job, and know what a 100+ weather is at 2 pm. 9 PM is warm in Arkansas Oh boy, you're go...
by denovo
Sun Feb 11, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Fidelity halts investor purchases of three VIX-focused ETFs
Replies: 12
Views: 1290

Re: Fidelity halts investor purchases of three VIX-focused ETFs

Is anyone bothered by this? I don't think a self-directed brokerage should be squashing investment products unless it's something they are absolutely convinced is a Madoff-like scam or ponzi scheme. Normally, to trade Vix futures, one would need to be approved for a margin account, level 2 options,...
by denovo
Sun Feb 11, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: Soul searching on interest rates
Replies: 15
Views: 1284

Re: Soul searching on interest rates

The information you've provided in regards to the debt is readily available and well-known by all institutional investors. It's already priced in the market.
by denovo
Sun Feb 11, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Fidelity halts investor purchases of three VIX-focused ETFs
Replies: 12
Views: 1290

Re: Fidelity halts investor purchases of three VIX-focused ETFs

Is anyone bothered by this? I don't think a self-directed brokerage should be squashing investment products unless it's something they are absolutely convinced is a Madoff-like scam or ponzi scheme.
by denovo
Sun Feb 11, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Best place to exchange dollars to euros?
Replies: 18
Views: 730

Re: Best place to exchange dollars to euros?

Planning on a Portugal trip in May. Where would be the best place to exchange USD to euros? Local bank here in US, currency exchange booth in US airport, currency booth in Lisbon airport (assuming they have them) or Lisbon & other Portuguese ATMs? And greatly appreciate any other currency tips. Tha...
by denovo
Sun Feb 11, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Brokerage Transfer Fee [Merrill Edge]
Replies: 10
Views: 1087

Re: Avoiding Brokerage Transfer Fee [Merrill Edge]

student wrote:
Sun Feb 11, 2018 5:46 pm
I suggest that you ask the brokerage who you transfer the money to to reimburse you on the fee.
They are already throwing a big bonus at me for transfering, I don't think they will be that generous.
by denovo
Sun Feb 11, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: [US Budget deal Revives Expired Individual Tax Breaks for 2017]
Replies: 25
Views: 3137

Re: In a hurry to file, Senate drops stink bomb

It's better to set up your payroll withholdings so you either owe a little bit (but not enough to trigger a penalty) or you will get a very small refund. Then file at the normal time in April (or extend to October). That way, if your return does get caught up in the ID theft wasteland for months (l...
by denovo
Sun Feb 11, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Brokerage Transfer Fee [Merrill Edge]
Replies: 10
Views: 1087

Avoiding Brokerage Transfer Fee [Merrill Edge]

Merrill has the following fee schedule listed on its site. https://www.merrilledge.com/pricing Full account transfer fee ($49.95) Partial account transfer fee ($0.00) Close-out Fee ($0.00) [Non-Retirement Accounts] I have a taxable account with Merrill Edge. If I transfer out only the securities and...
by denovo
Sat Feb 10, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 5807

Re: Live / work in California - Technology Career

Long time thought, this may be the time, to see if we can implement to live / work in California. Will be moving from Michigan, and in the Information Technology Career - Mid Level. Moving away from cold winter weather to a moderate weather for the next 10 -15 years of the career, is a prime reason...
by denovo
Sat Feb 10, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: Ally online savings now at 1.45%
Replies: 72
Views: 7683

Re: Ally online savings now at 1.45%

LiterallyIronic wrote:
Fri Feb 09, 2018 11:58 am
Meanwhile, Wells Fargo is still at 0.01%.

https://www.wellsfargo.com/savings-cds/ ... unt-rates/
So is Chase. I guess the big banks don't need money? :confused
by denovo
Sat Feb 10, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8593

Re: Tenants want to break lease early and is pregnant

Abe wrote:
Sat Feb 10, 2018 11:29 am
I don't think some people posting on this thread have had much experience dealing with tenants.
+1

I suspect the answers would be way different if asked on any landlord forum.
by denovo
Sat Feb 10, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Good Hotel in DC
Replies: 29
Views: 1880

Re: Good Hotel in DC

dmk395 wrote:
Sat Feb 10, 2018 8:26 am
I'm planning a trip to see monuments etc. Looking for a good hotel from personal experience, rather than just online reviews. I'd like to be able to walk places, and stay someplace nice. Any suggestions?
Most important thing is what's your budget.
by denovo
Sat Feb 10, 2018 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8593

Re: Tenants want to break lease early and is pregnant

Our great tenants are having their first child and suddenly want to leave 2 months early of their second 1 year lease. Just wondering if I should take any actions such as keeping part of the deposit, pet deposit or something or just let it go and wish the young kids well. I know some might say you ...
by denovo
Sat Feb 10, 2018 6:29 am
Forum: Personal Finance (Not Investing)
Topic: [US Budget deal Revives Expired Individual Tax Breaks for 2017]
Replies: 25
Views: 3137

Re: In a hurry to file, Senate drops stink bomb

In their infinite wisdom the Senate budget agreement signed today retroactively resurrects several tax extenders for the 2017 tax year. These include the above the line tuition/fee deduction, PMI, exclusion of income from discharge of mortgage indebtedness, residential energy credits, etc.. I've se...
by denovo
Fri Feb 09, 2018 4:57 am
Forum: Personal Consumer Issues
Topic: Buying a rental house. Pay cash or mortgage?
Replies: 21
Views: 1660

Re: Buying a rental house. Pay cash or mortgage?

Read this. https://www.usatoday.com/story/money/personalfinance/2014/04/01/tax-qa-rental-property-losses/7154811/ You can't deduct rental losses when your income is over 150k (which applies since you are in the 37 percent bracket). I would think about that if you're banking on the mortgage interest...
by denovo
Fri Feb 09, 2018 1:48 am
Forum: Personal Consumer Issues
Topic: Buying a rental house. Pay cash or mortgage?
Replies: 21
Views: 1660

Re: Buying a rental house. Pay cash or mortgage?

Read this. https://www.usatoday.com/story/money/personalfinance/2014/04/01/tax-qa-rental-property-losses/7154811/ You can't deduct rental losses when your income is over 150k (which applies since you are in the 37 percent bracket). I would think about that if you're banking on the mortgage interest ...