Search found 4276 matches

by denovo
Wed Sep 19, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: getting AMEX rewards applied
Replies: 8
Views: 370

Re: getting AMEX rewards applied

I have had the AMEX Blue Cash card for about 3 years now and 2 months ago I saw I had a little over $300 in rewards that I could have applied as a credit so I called AMEX and they said they would apply it. The next month's statement came and I saw it had NOT been applied and so I called customer ca...
by denovo
Tue Sep 18, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 174
Views: 9475

Re: What is your single most expensive mistake?

Buying a boat. Bought a new custom $100,000 27' SeaSport Seamaster set up as a dive boat for SE Alaska together with a friend of mine. We had some good adventures on it and sold it a few years later after we both got married for perhaps a $40,000 loss considering all we had in it. this sounds worth...
by denovo
Tue Sep 18, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Dad Died - Handling Mom's Finances
Replies: 12
Views: 1606

Re: Dad Died - Handling Mom's Finances

What is your mom's annual expenses?
by denovo
Tue Sep 18, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 69
Views: 4911

Re: Leasing Cars in Retirement

So why do you think car dealers love leases? Cause they want to give you best financial deal? No. They want to maximize their margin off you and see you again in three years to rinse and repeat. And if you think negotiating a car purchase tricky try negotiating a lease. And if want to limit down pa...
by denovo
Tue Sep 18, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2577

Re: Facing Retirement at year end

I suppose my biggest question is the pension annuity vs lump sum. What is the general consensus on annuities and annuities without COLA? Without COLA I think it will be lacking in a decade and just getting worse, but guaranteed income is good to sleep on. The company is in the pension guarantee fun...
by denovo
Tue Sep 18, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to protect personal assets when freelancing?
Replies: 8
Views: 538

Re: Best way to protect personal assets when freelancing?

Talk to an insurance broker that specializes in business lines. But I would this to give you a baseline of knowledge. [read the whole thing] https://en.wikipedia.org/wiki/Professional_liability_insurance This is what I plan on purchasing. The only thing the insurance doesn't cover is creditors comi...
by denovo
Tue Sep 18, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2577

Re: Facing Retirement at year end

OP, one thing you should consider budget-wise is what expenses may change. Depending on your commutes, your gas expenses may go down. You guys may have more time to cook and shop around for deals which may cut down on your food expenses. Downsizing to one car is a saving option.
by denovo
Tue Sep 18, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Concrete company refusing to lower bill
Replies: 21
Views: 1539

Re: Concrete company refusing to lower bill

I wouldn't pay. I would send them a certified letter in writing too. This. And you worked with them 2 times previously (or 3)? And ALL of those had the same 1/2 inch/etc., specified and delivered? If so, then write that, too. That makes it much less likely that you suddenly changed the specificatio...
by denovo
Tue Sep 18, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Concrete company refusing to lower bill
Replies: 21
Views: 1539

Re: Concrete company refusing to lower bill

I wouldn't pay. I would send them a certified letter in writing too.
by denovo
Tue Sep 18, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Concrete company refusing to lower bill
Replies: 21
Views: 1539

Re: Concrete company refusing to lower bill

Did they send you any kind of written confirmation with the wrong info before delivery?
by denovo
Tue Sep 18, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: Negotiate Washington Post Subscription
Replies: 8
Views: 503

Re: Negotiate Washington Post Subscription

Lou354 wrote:
Tue Sep 18, 2018 7:22 am
Here’s what I learned. Asking for a discount doesn’t work. If you call and say you want to cancel they may offer a lower rate on the spot.
+1

Sometimes its a different dept that handles cancellations
by denovo
Tue Sep 18, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need help in solving Tenant landlord issue
Replies: 26
Views: 2171

Re: Need help in solving Tenant landlord issue

A few thoughts: 1. How many apartments does your landlord own? Often there are provisions for triple the damages for people who own many units. This could make litigation worthwhile. 2. Document everything. 3. Small-claims court might make some sense here -- you can draft everything up yourself and...
by denovo
Tue Sep 18, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to protect personal assets when freelancing?
Replies: 8
Views: 538

Re: Best way to protect personal assets when freelancing?

Talk to an insurance broker that specializes in business lines.

But I would this to give you a baseline of knowledge. [read the whole thing]

https://en.wikipedia.org/wiki/Professio ... _insurance
by denovo
Tue Sep 18, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Consumer Issue - Storage Unit Rental
Replies: 14
Views: 1047

Re: Consumer Issue - Storage Unit Rental

I bet if the family spends a weekend looking through what they have at home and in the storage you won't need the storage.
by denovo
Tue Sep 18, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Bank is the Devil
Replies: 45
Views: 5187

Re: Chase Bank is the Devil

We own a small business and have the Chase Ink Business Preferred Visa card. We import our CC transactions into QuickBooks twice a week with the QB Direct Connect feature. Early last week, the import transactions feature stopped working. We called Chase today (a week later) and expressed our concer...
by denovo
Tue Sep 18, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 5
Views: 331

Re: New car - 0% loan or $500 rebate

I am buying a new car and the dealer is offering 0% interest on a 48 month loan or $500 rebate off the price of the car. The amount that would be financed is $21,700. If I figure the average amount of extra money I will have to invest over the 4 years as 21,700/2=10,850 and then multiply 10,850 by ...
by denovo
Mon Sep 17, 2018 2:10 am
Forum: Personal Consumer Issues
Topic: First Week of January West Coast Travel Options
Replies: 8
Views: 524

Re: First Week of January West Coast Travel Options

HAWAII is the obvious and right answer.
by denovo
Sat Sep 15, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Thoughts on Car Expenditures
Replies: 19
Views: 716

Re: Thoughts on Car Expenditures

It seems that the average sales price for a car in US is around 30k. With average household income of 60k, let's make an aggressive simplifying assumption (most households have more than one car) that there is only one producer and one car per household. Thoughts? That's not a good assumption. That...
by denovo
Fri Sep 14, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: Revocable Trust or TOD Deed for Primary Residence?
Replies: 5
Views: 485

Re: Revocable Trust or TOD Deed for Primary Residence?

There are many forms of joint tenancy.
by denovo
Fri Sep 14, 2018 2:47 am
Forum: Personal Consumer Issues
Topic: New car or used?
Replies: 6
Views: 617

Re: New car or used?

2015 Lexus ES350 or 2018 Honda Accord Sport 1.5? Go. You aren't comparing used versus new. You are comparing luxury car to econosedan. I doubt buying the luxury car used is going to save you enough to come out ahead. Your slight depreciation savings (That lexus is what like 18k and the honda like 2...
by denovo
Thu Sep 13, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 43
Views: 4852

Re: New construction: financing fell through, builder won't return deposit/earnest $

So, the gamble worked! The builder responded with "while we don't agree with all the circumstances we think it's best if all moved past this. The check is in the mail." The letter from our lawyer threatened a suit if they didn't pay us back. (We had not actually retained the lawyer for anything bey...
by denovo
Thu Sep 13, 2018 1:54 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2832

Re: How to determine quality of a finished new construction home

Thanks everyone for the feedback. I do plan to hire an independent home inspector at some point but isn't that typically done after an offer has been accepted but before closing since it can be costly? The home is a flipped home and not part of a community. The builder essentially purchased a lot f...
by denovo
Thu Sep 13, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2832

Re: How to determine quality of a finished new construction home

Best person who know is all is the city/county inspector who inspects new homes. Sure, but what are they going to tell you... it passed or it failed. :happy They don't sit down and talk with every potential buyer of every home they inspect. In my experience, inspectors love to talk. They are willin...
by denovo
Thu Sep 13, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2832

Re: How to determine quality of a finished new construction home

Best person who know is all is the city/county inspector who inspects new homes.
by denovo
Thu Sep 13, 2018 1:18 am
Forum: Personal Consumer Issues
Topic: Pet insurance
Replies: 31
Views: 2705

Re: Pet insurance

tmcc wrote:
Wed Sep 12, 2018 6:53 pm
if you're seriously considering pet insurance look very closely at deductibles.
+ annual and lifetime limits
by denovo
Wed Sep 12, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Vanguard electronic bank transfers
Replies: 22
Views: 2028

Re: Vanguard electronic bank transfers

I am a big fan of simplicity, but don't mix your brokerage with your banking.
by denovo
Wed Sep 12, 2018 12:30 am
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 70
Views: 5124

Re: Amazon Prime - Value?

Prime has a lot of value for those who hate shopping in person.
by denovo
Tue Sep 11, 2018 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Auto sale to relative - sales agreement form?
Replies: 10
Views: 396

Re: Auto sale to relative - sales agreement form?

I plan on selling my 2012 Hyundai Santa Fe to my niece. What kind of paperwork should I have? Can I just write up a simple "I, MN-Investor, sell my 2012 Hyundai Santa Fe, VIN #xxxx, to MN-Investor-Niece, for $10,000 effective September 14, 2018," then both of us sign and date it? Depends on how muc...
by denovo
Tue Sep 11, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Auto sale to relative - sales agreement form?
Replies: 10
Views: 396

Re: Auto sale to relative - sales agreement form?

I plan on selling my 2012 Hyundai Santa Fe to my niece. What kind of paperwork should I have? Can I just write up a simple "I, MN-Investor, sell my 2012 Hyundai Santa Fe, VIN #xxxx, to MN-Investor-Niece, for $10,000 effective September 14, 2018," then both of us sign and date it? Depends on how muc...
by denovo
Sat Sep 08, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Getting Top Dollar for Selling our Condo
Replies: 16
Views: 1272

Re: Getting Top Dollar for Selling our Condo

What other ideas do y’all have for upgrading the condo that would allow us to get top dollar? You need to consider carry costs. If you spend two months renovating, that's two months of property tax, hoa, mortgage you are additionally on the hook for on top of the weeks it will be shown. If you want...
by denovo
Sat Sep 08, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Getting Top Dollar for Selling our Condo
Replies: 16
Views: 1272

Re: Getting Top Dollar for Selling our Condo

veindoc wrote:
Sat Sep 08, 2018 8:10 pm
You mentioned it is in an up and coming area so you don’t want to over-improve.

+50
by denovo
Thu Sep 06, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: How Big of a Mortgage Should We Get?
Replies: 41
Views: 3032

Re: How Big of a Mortgage Should We Get?

Do not sell off equities. 15 percent capital gains tax (or more? depending on your situation) is a waste of money. Put down enough (20%) to avoid PMI and borrow the rest.

Mortgage interest is tax deductible.
by denovo
Thu Sep 06, 2018 2:52 am
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5652

Re: Using your home as old age care self-insurance?

I'm trying to sketch out a spending plan for my remaining years and one of the most important components of that plan is having a reserve held back for possible elder care costs at the end. I'm debating whether to use the value of my fully paid-off home as all or part of this old age care reserve. ...
by denovo
Tue Sep 04, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5689

Re: Selling a car to CarMax

2001 BMW 330i w/ 54k miles sold in 2015. Dealer trade-in offer: $1200. CarMax offer: $4000. Sold to private party through Auto Trader in two days: $8000. +1 I think this is a good illustration of how much what you get will vary depending on how you decide to sell. Private party is the best option. ...
by denovo
Mon Sep 03, 2018 11:55 pm
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5689

Re: Selling a car to CarMax

2001 BMW 330i w/ 54k miles sold in 2015. Dealer trade-in offer: $1200. CarMax offer: $4000. Sold to private party through Auto Trader in two days: $8000. +1 I think this is a good illustration of how much what you get will vary depending on how you decide to sell. Private party is the best option.
by denovo
Thu Aug 23, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: Used/New car - Help decide please
Replies: 46
Views: 2218

Re: Used/New car - Help decide please

Dear BH I started off with the intention of buying a used car at about $10,000 (max). Went around to several dealers and also took inputs from members here to shortlist (and gain insights) but got tired at the negotiation process and could not proceed further with the cars i identified. Also, a few...
by denovo
Thu Aug 23, 2018 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10570

Re: Take auto loan 0.9% if I can afford cash?

If you owned the car debt free today, would you borrow against it and invest? If I could get 0.9%, sure. That's usually not available on a refi. I took out a home loan on a paid-off house to invest, why would a car be different? I’m not saying it’s different. It was a legit question. If your risk a...
by denovo
Wed Aug 22, 2018 4:21 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10316

Re: I own 1,387 items!

I finally had the chance to do some unpacking after moving to my new place and was a little shocked at the number. I did some reasonable right-sizing for counting purposes. So, a bunch of keys on one keyring counts as one item. But ten t-shirts do count as ten items. For papers, I counted every 3-i...
by denovo
Wed Aug 22, 2018 1:41 am
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9472

Re: Landlord Nightmare

You cannot change the application process. If you normally do not do a "tenant screen/application" you can't just do one on a person randomly. Treat everyone the same. You can't have a separate policies/qualifications for different groups of people. That is discrimination. If I ask for w-2 for peop...
by denovo
Tue Aug 21, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Co-habitation agreement - ??
Replies: 103
Views: 6289

Re: Co-habitation agreement - ??

This might become a common-law marriage after a certain time. In some states it is 1 year, others 7 years. This lady should read up on common-law marriage. Perhaps he is counting on that after he lives there a few years, and part of her wealth will be his then. Most states do not have common-law ma...
by denovo
Tue Aug 21, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9472

Re: Landlord Nightmare

edudumb wrote:
Tue Aug 21, 2018 12:13 pm


In this world, it seems that we just can get sued for any reason.

Any thoughts? Thanks!

He's not going to sue you.
by denovo
Tue Aug 21, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9472

Re: Landlord Nightmare

I wish people responding to landlord question threads would disclose whether or not they are landlords/lawyers.
by denovo
Tue Aug 21, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Co-habitation agreement - ??
Replies: 103
Views: 6289

Re: Co-habitation agreement - ??

This might become a common-law marriage after a certain time. In some states it is 1 year, others 7 years. This lady should read up on common-law marriage. Perhaps he is counting on that after he lives there a few years, and part of her wealth will be his then. Most states do not have common-law ma...
by denovo
Tue Aug 21, 2018 4:07 am
Forum: Personal Consumer Issues
Topic: Cashing a check
Replies: 28
Views: 2468

Re: Cashing a check

chevca wrote:
Mon Aug 20, 2018 11:41 pm
Almost there wrote:
Mon Aug 20, 2018 6:54 pm
Why didn't LCNB National Bank take notice that the check was deposited twice? Why didn't my bank take notice that I was charged twice for the same check?
Have you called your bank and asked them these questions? :happy
I really want to know what the bank says too.
by denovo
Mon Aug 20, 2018 2:57 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 66
Views: 11644

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Valuethinker wrote:
Mon Aug 20, 2018 2:56 am
Gray wrote:
Sun Aug 19, 2018 1:56 pm
It’s all based on location. The 1951 house next door to mine with 1500 square feet is getting its list at $770k.
Granted there is this "proximity to Gray" factor which lifts housing prices ;-).

But where in the USA (metropolitan area) is this?
My money is on Los Angeles or No Va.
by denovo
Sun Aug 19, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10570

Re: Take auto loan 0.9% if I can afford cash?

If you owned the car debt free today, would you borrow against it and invest? If I could get 0.9%, sure. That's usually not available on a refi. I took out a home loan on a paid-off house to invest, why would a car be different? You would be singing a different tune if the market had of went south ...
by denovo
Sun Aug 19, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10570

Re: Take auto loan 0.9% if I can afford cash?

If you owned the car debt free today, would you borrow against it and invest? If I could get 0.9%, sure. That's usually not available on a refi. I took out a home loan on a paid-off house to invest, why would a car be different? I’m not saying it’s different. It was a legit question. If your risk a...
by denovo
Sun Aug 19, 2018 2:16 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25041

Re: Invest in Tesla?

Perhaps it's time for Elon to step down as CEO and put someone in charge who knows how to properly run a public company. I get that he's a "big ideas" guy who wants to change the world. That's fine. As CTO, he can do that, setting the direction of what Tesla is going to do. He needs someone to grab...
by denovo
Sun Aug 19, 2018 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10570

Re: Take auto loan 0.9% if I can afford cash?

I will be buying a car soon. I can afford to pay cash up front. The dealer says I’m eligible for 0.9% financing for 3 years. No change in price whether paying by cash or loan. Would you take a car loan that you didn’t need? My only other debt is a home mortgage with after tax interest rate of 1.7% ...