Search found 557 matches

by Daryl
Sun Nov 10, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Need to add houseguests to homeowners or umbrella insurance?
Replies: 17
Views: 1093

Re: Need to add houseguests to umbrella or homeowners insurance?

I guess I’m more concerned let’s say they are cooking and burn our place down, then the neighbors house also burns down. Will we be covered by our homeowners policy and umbrella policy? In other words, how long can one stay with us before needing to be added to insurance policies? When is a house g...
by Daryl
Sun Nov 10, 2019 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Need to add houseguests to homeowners or umbrella insurance?
Replies: 17
Views: 1093

Re: Need to add houseguests to umbrella insurance?

Will they be driving any of your vehicles? If so, I'd recommend letting your insurance agent know. The agent and their company probably won't care, but I could be wrong and I would hate to see a claim denied due to poor advice from a random stranger on the internet!
by Daryl
Fri Nov 01, 2019 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Hudson Insurance Group for Umbrella Insurance
Replies: 5
Views: 484

Re: Hudson Insurance Group for Umbrella Insurance

I could be missing something, but what is the argument against using the same carrier for home, auto, and umbrella? In case of a claim, I really don't want my auto carrier arguing with my umbrella carrier. Instead, I want both arguing on my behalf / paying damages I caused.
by Daryl
Fri Nov 01, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: how does Personal Umbrella Insurance work?
Replies: 28
Views: 2650

Re: how does Personal Umbrella Insurance work?

Sometimes an example can be helpful. Say a person is at-fault in an auto accident and causes $2M in damages. First their auto insurance pays, up to the limits of the policy. Lets assume the person has $500K in auto liability limits. There is $1.5M remaining to be paid. Next they might have a $1M umb...
by Daryl
Thu Oct 31, 2019 6:16 am
Forum: Personal Investments
Topic: Mortgage or Bonds at 50 !
Replies: 36
Views: 2674

Re: Mortgage or Bonds at 50 !

At a really high level, it doesn't make sense to buy bonds paying less than the interest rate of your mortgage. Saving $25K/year is admirable. What is your current expected retirement date? What type of lifestyle are you planning to lead once you get to that point in your life? Having a solid unders...
by Daryl
Thu Oct 10, 2019 5:59 am
Forum: Personal Consumer Issues
Topic: My mechanic just wrecked my car - advice?
Replies: 101
Views: 8064

Re: My mechanic just wrecked my car - advice?

It sounds like you have a great mechanic who cares about his/her work, reputation, and customers. It is really unfortunate that this happened and I'm sure he/she is so embarrassed right now! If I were in your shoes, I'd be contacting the owner of the other vehicle (the one your mechanic hit with you...
by Daryl
Sun Sep 08, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: looking for cheap & reliable Renters insurance...help
Replies: 6
Views: 376

Re: looking for cheap & reliable Renters insurance...help

Do you have a car? The "multi-line" discount that my auto insurer gave me when I signed up for renter's insurance with them was more than the premiums associated with the renter's insurance policy (it was cheaper to have auto+renters than just auto). yes i have old car ...so i only have liability i...
by Daryl
Sun Sep 08, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: looking for cheap & reliable Renters insurance...help
Replies: 6
Views: 376

Re: looking for cheap & reliable Renters insurance...help

Do you have a car? The "multi-line" discount that my auto insurer gave me when I signed up for renter's insurance with them was more than the premiums associated with the renter's insurance policy (it was cheaper to have auto+renters than just auto).
by Daryl
Tue Aug 13, 2019 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Green Dot Bank 3% HY savings account
Replies: 6
Views: 1341

Re: Green Dot Bank 3% HY savings account

According to the highlighted terms, the maximum interest earned annually is $300 ($10,000 average daily balance * 3%). A lot of banks have new account bonuses that are about that much money, provided you are willing to temporarily switch your direct deposit and leave a couple thousand dollars with t...
by Daryl
Fri Aug 09, 2019 5:09 am
Forum: Investing - Theory, News & General
Topic: threshold for paying debt
Replies: 41
Views: 2895

Re: threshold for paying debt

I use the current yield on the total bond market fund. The after tax cost of my student loans is about the same as the current yield of the total bond market fund so I'm currently indifferent as to whether or not I should pay-off my student loans immediately.
by Daryl
Fri Aug 09, 2019 4:56 am
Forum: Personal Finance (Not Investing)
Topic: Subrogation due to accident
Replies: 27
Views: 3316

Re: Subrogation due to accident

.... The OP indicates that he filed with his insurance because they offered more than the other parties insurance for the value of the totaled car. if the other insurance holds to the price they offered, the OPs insurance company may not recover 100%. I assume if they don't recover 100%, he may not...
by Daryl
Fri Aug 09, 2019 4:38 am
Forum: Personal Finance (Not Investing)
Topic: HSA fee
Replies: 5
Views: 395

Re: HSA fee

Neither? Can you do a custodian to custodian transfer to Fidelity (or another company) and invest the entire amount w/o the fee?
by Daryl
Wed Aug 07, 2019 5:03 am
Forum: Personal Finance (Not Investing)
Topic: Subrogation due to accident
Replies: 27
Views: 3316

Re: Subrogation due to accident

OP Update: I called my insurance company yesterday afternoon and filed a claim with them. They called me mid day today and said they had looked at the car and agreed it was totaled. They then gave me an offer to settle. It was exactly what I thought it should have been in the first place (It was 20...
by Daryl
Mon Aug 05, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Car insurance liability (50 --> 250) and Umbrella Policy
Replies: 6
Views: 476

Re: Car insurance liability (50 --> 250) and Umbrella Policy

It would be silly not to get an umbrella at this point. Get it before the kid totals a car (which he will do) so the umbrella will agree to cover him as well. Just to be clear, there are a lot of us with umbrella policies that would not cover the cost of a totaled car, this is especially true in a ...
by Daryl
Sat Aug 03, 2019 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Best Auto Refinance Rates?
Replies: 8
Views: 718

Re: Best Auto Refinance Rates?

4.99% offered direct through Honda. I know I can do better but taking this loan made for a smoother sale. Perhaps I just timed my last car purchase perfectly, but I'm @ <1% w/ Honda. Any idea why Honda was unable to offer financing on more favorable terms? My first new car purchase (right out of co...
by Daryl
Sat Jul 20, 2019 9:08 pm
Forum: Non-US Investing
Topic: Fraction of Daily Volume? - How much to buy at one time?
Replies: 3
Views: 449

Re: Fraction of Daily Volume? - How much to buy at one time?

If I was planning to execute a trade that was >1% of the average daily volume, I'd contact my broker's trading desk ahead of time to see what services they could offer. Note: The ETFs that I buy (Total Bond / Total Stock) are sufficiently large/liquid that I'll never approach >1% of the average dail...
by Daryl
Fri Jul 19, 2019 5:14 am
Forum: Personal Investments
Topic: Are retirement accounts exposed to liability claims?
Replies: 31
Views: 5938

Re: Are retirement accounts exposed to liability claims?

Regarding Umbrella insurance: I have umbrella insurance through GEICO. My policy increases my coverage for my renter's insurance and auto insurance to $ 1 million, provided I obtain coverage for $300K in damages in the underlying policies. This would be an unusual policy. Most excess liability poli...
by Daryl
Tue Jul 16, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Anyone buy the Nissan Rogue over the Honda CRV???
Replies: 86
Views: 6019

Re: Anyone buy the Nissan Rogue over the Honda CRV???

Do you have any performance or mileage issues from the dilution issues so far? We do not see any problems with the Civic or all the CRV owners with this engine that we know. Fuel Mileage hovers between 36 - 38 MPG (mostly suburban driving) and performance is adequate. The Civic doesn't weigh a lot,...
by Daryl
Tue Jul 16, 2019 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Should i disclose my liability insurance policy limits?
Replies: 20
Views: 2600

Re: Should i disclose my liability insurance policy limits?

If I was in this position, I'd ask my insurance company what they would recommend. I carry more than the state minimum / required limits and my objective would be to work with my insurance company to ensure that the other party (who I injured) received a fair and just payment that was in line with t...
by Daryl
Mon Jul 15, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: Anyone buy the Nissan Rogue over the Honda CRV???
Replies: 86
Views: 6019

Re: Anyone buy the Nissan Rogue over the Honda CRV???

... ... My niece received the letter from Honda nearly a month ago on the extended warrantee. What are the symptoms of camshaft wear and do you have any of those symptoms? I received the same letter. I would be disappointed if I had an experience like CULater described. Instead, I'm seeing a manufa...
by Daryl
Sun Jul 14, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Anyone buy the Nissan Rogue over the Honda CRV???
Replies: 86
Views: 6019

Re: Anyone buy the Nissan Rogue over the Honda CRV???

I have the same 1.5L engine that is in the CRV (in my Civic) and really like it. The engine/transmission work really well together to balance adequate performance with outstanding fuel economy. Honda has already offered an extended warranty on the power-train (complementary) to provide additional pe...
by Daryl
Fri Jul 12, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 3281

Re: Should I Buy a Motorcycle?

I'm a ex-motorcyclist. My 1500cc cruiser was a blast. There is nothing like casually riding through rural areas / rolling hills. Then one day I saw a photo album of motorcycle helmets that had been used for their intended purpose. They didn't mention how many of the used helmets represented fataliti...
by Daryl
Fri Jul 12, 2019 6:16 am
Forum: Personal Consumer Issues
Topic: Car DIY, NYC.
Replies: 33
Views: 1646

Re: Car DIY, NYC.

Honestly if you're not willing to do an oil change I don't know why we're talking about spark plugs and brake jobs. An oil change is about as basic as it gets. Some folks just aren't meant to work on their vehicles which is a shame because I really enjoy it. However if you're not willing to change ...
by Daryl
Tue Jul 09, 2019 6:06 am
Forum: Personal Investments
Topic: HSA Account - should I open Fidelity?
Replies: 8
Views: 1057

Re: HSA Account - should I open Fidelity?

I'm in a somewhat similar position. I have access to TD Ameritrade through my employer / HSA, and my employer pays for any fees. Most of my other money is @ Fidelity and I carry the Fidelity / Elan 2% cash back credit card. I use the Fidelity "Cash Management Account" as my primary checking account....
by Daryl
Thu Jul 04, 2019 5:18 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 7462

Re: Prime Money Market or Total Bond Market

Back when the spread was higher, I would keep as much of my fixed income allocation in the Total Bond fund. Now that the spread is smaller, I don't worry as much. I'm content knowing that the money market fund is doing OK. I haven't bought or sold any Total Bond funds recently, nor do I anticipate a...
by Daryl
Wed Jul 03, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: House, auto and umbrella insurance increases?
Replies: 10
Views: 787

Re: House, auto and umbrella insurance increases?

When I asked the independent agent about the increases she blamed all the hail storms in my western state. Not sure if it was intentional or not, but you listed your "western state" in your profile. I'm with a large, national carrier for auto/renters/umbrella through a captive agent and I live in a...
by Daryl
Mon Jul 01, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 22167

Re: Do you share your net worth with family members?

My parents know that I'm a member of a flying club (we have a fleet of gliders and a tow plane). They don't know (yet) about the second flying club I joined to get the keys to a Cessna 150. I'm doing just fine!
by Daryl
Fri Jun 14, 2019 5:47 am
Forum: Personal Consumer Issues
Topic: Petroleum pipeline on property
Replies: 27
Views: 2648

Re: Petroleum pipeline on property

There is one a block from our house. There are small signs about it at the beginning of the block, and perhaps elsewhere. Every couple of years we get a mailing from the oil company that owns the pipeline about the dangers of digging without calling Miss Dig or 811 where the utiiity companies will ...
by Daryl
Thu Jun 13, 2019 6:14 am
Forum: Personal Finance (Not Investing)
Topic: Hsabank to fidelity-HSA
Replies: 29
Views: 2220

Re: Hsabank to fidelity-HSA

There is a Fidelity office a half dozen miles from my apartment. I stopped by, emailed them a statement from the old account, and they took care of the rest. Transferring cash was quick, possibly a couple days. I believe they had free coffee.
by Daryl
Wed Jun 12, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much is your guys’ fees for your 401k?
Replies: 96
Views: 5916

Re: How much is your guys’ fees for your 401k?

Megacorp pays the fees. Funds offered include a couple institutional class Vanguard funds (S&P 500 / Total Bond)
by Daryl
Sun Jun 09, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Checks without my account number
Replies: 39
Views: 4292

Re: Checks without my account number

I haven't really thought too much about this before; however, I work in financial services and my employer issues a ton of checks. Our process is to send an electronic file with the payee, address, and amount. The check then prints/mails the check. When those checks are then received/deposited, they...
by Daryl
Sun Jun 09, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: How to dramatically cut down housing cost?
Replies: 19
Views: 3067

Re: How to dramatically cut down housing cost?

Are there any neighborhoods in your area where people have above-garage apartments? Sometimes called mother-in-law flats or granny-flats? If you are planning to move to Florida soon, there are a lot of these available (depending on where in FL you move). They can be anything from studio size up to ...
by Daryl
Sat Jun 08, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: W/O comp and collision, how does reimbursement from a not at fault accident work?
Replies: 20
Views: 1336

Re: W/O comp and collision, how does reimbursement from a not at fault accident work?

If the other driver doesn’t have insurance, then you could sue, small claims court if relatively low damage, regular court otherwise. But unless they have no insurance due to extenuating circumstances [ forgot to mail check, etc) most likely they have no money, so even if you win good luck getting ...
by Daryl
Sat Jun 08, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 142
Views: 10285

Re: Do you carry Umbrella Insurance?

It is affordable and is an amount that insurance company would probably put up spirited defense and not just easily settle. It doesn't matter whether the insurance company puts up a spirited defense or easily settles, the monetary result is the same to you. You may actually prefer the insurance com...
by Daryl
Sat Jun 01, 2019 4:41 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11014

Re: How did you all do in the month of May, 2019

Awesome! I achieved my savings goals, and just recently maxed out my 2019 Trad 401K contributions. I'm trying to decide if I want to direct future contributions to my "After Tax" 401K account or my taxable account. Note: I don't monitor MTD investment returns. I don't have any control over those so ...
by Daryl
Thu May 30, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Brokerage for small HOA
Replies: 17
Views: 848

Re: Brokerage for small HOA

Schwab requires $250,000 for an organizational account. I was checking with other providers on that. Maybe it's not practical for most. While not an HOA, I'm aware of at least one 501c3 with long term reserves @ Schwab. Total AUM are less than $100K. Exception was probably made to the published ter...
by Daryl
Thu May 30, 2019 5:58 am
Forum: Personal Consumer Issues
Topic: Home buying
Replies: 50
Views: 2710

Re: Home buying

we ask the seller to cover the closing cost (approx $18k) and drop the price 10k Having never gone through the process myself, this seems like a fairly steep price reduction (almost $30K?). If I was in the seller's shoes, I doubt that I'd give that much of a price concession unless it represented a...
by Daryl
Tue May 28, 2019 5:06 am
Forum: Personal Consumer Issues
Topic: Extended auto warranty - who to buy from, if you want to
Replies: 40
Views: 2350

Re: Extended auto warranty - who to buy from, if you want to

Before buying my Honda Civic, I already had a quote for the manufacturer's extended warranty program from an out of state dealer. My local dealer tried selling me a third party warranty. I asked if they offered the manufacturer's warranty program. They did, but were unable to match the pricing provi...
by Daryl
Fri May 24, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 106
Views: 7911

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

Look at the civic versus CRV (same platform, same maker) Honda CR-V 4WD 14 (6-22) 10 4 0 Honda Civic 39 (28-49) 27 11 2 That car has 2x the death rate. Back in 2004 the numbers were much closer Honda Civic 74 (60-89) 47 27 7 Honda CR-V 4WD 67 (40-95) 41 24 22 And it should be noted how much safer b...
by Daryl
Thu May 23, 2019 5:01 am
Forum: Personal Finance (Not Investing)
Topic: Which Renters Insurance Brand/Company should I use?
Replies: 13
Views: 1500

Re: Which Renters Insurance Brand/Company should I use?

I have State Farm for auto / renters / umbrella. While I haven't had any claims on the renter's policy, I was satisfied with the outcome for the couple of auto claims that I've had. More importantly, I have a good agent. He understands property and casualty insurance in general and demonstrates an a...
by Daryl
Sun May 19, 2019 9:31 pm
Forum: Personal Consumer Issues
Topic: Disposing of Residential Landscaping Rocks, Concrete, etc...
Replies: 22
Views: 1947

Re: Disposing of Residential Landscaping Rocks, Concrete, etc...

Do you have a way to transport the stone/waste? Home Depot rents tracks for a reasonable rate. I'd load it up and take this to your local stone yard/concrete supplier. They'll probably weigh your vehicle going into the yard, explain where you can dump your load, and then weigh you on the way out (ch...
by Daryl
Sun May 12, 2019 6:24 pm
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 71
Views: 7716

Re: Any conservative young investors?

I'm 36. Equities as a percent of my total portfolio is lower than most investors my age; however, equities are several multiples of my gross annual salary. My goal is to seek contentment, and learn what it means to have "enough". I'm closer than most of my peers.
by Daryl
Sun May 12, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Waiting out the housing market...? No housing that fits our budget.
Replies: 12
Views: 1585

Re: Waiting out the housing market...? No housing that fits our budget.

I'd start planning the vacation! I've been renting for well over a decade and love the flexibility it provides. The grass, snow, and general maintenance are all someone else's problem. If my needs change, I can scale my housing fairly easily (costs associated with moving would be minimal compared to...
by Daryl
Sun May 12, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Best ways to buy second home (primary)?
Replies: 11
Views: 1249

Re: Best ways to buy second home (primary)?

A lot of investors wouldn't consider a rental where monthly rent / market price for the property < 0.5%. I'd sell and move on.
by Daryl
Sun May 12, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Cash Deposit Bank
Replies: 22
Views: 1848

Re: Cash Deposit Bank

Just out of curiosity, is the CTR reporting process transparent to the customer? Will I even know if one of my transactions was reportable? No, you won't know a report was filed until there's a knock on the door by an agent of a three-letter Federal agency (FBI, IRS, etc.). Have your paperwork hand...
by Daryl
Sun May 12, 2019 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Cash Deposit Bank
Replies: 22
Views: 1848

Re: Cash Deposit Bank

Just out of curiosity, is the CTR reporting process transparent to the customer? Will I even know if one of my transactions was reportable?
by Daryl
Sat May 11, 2019 9:37 am
Forum: Non-US Investing
Topic: Using a little margin to enhance returns a little
Replies: 11
Views: 1027

Re: Using a little margin to enhance returns a little

if I get a 7% return on 10k and pay 1.25% interest, I would end up with a "free" 575€. I'm concerned about your 7% estimated return. That might be hard to achieve and could require significant exposure to risky assets (equities), and 7% returns for equities are not guaranteed. You haven't disclosed...
by Daryl
Thu May 09, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Bidding War
Replies: 20
Views: 2864

Re: Rental Bidding War

I wouldn't get in a bidding war for a rental. Most landlords that I've spoken with covet tenants like me who pay their rent on time each month and haven't (yet) destroyed the building! You will find the perfect new home.
by Daryl
Wed May 08, 2019 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Is the low interest rate loan arbitrage always worth it?
Replies: 13
Views: 1426

Re: Is the low interest rate loan arbitrage always worth it?

Instead of focusing exclusively on the "assets" side of my personal balance sheet, I try to look at the big picture the best I can. I'm OK carrying a car loan @ 0.9% (fixed, 4.5 years remaining) and student loan debt @ 2.25% (tax deductible, fixed, 8 years remaining). Both of these are setup with o...
by Daryl
Mon May 06, 2019 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Is the low interest rate loan arbitrage always worth it?
Replies: 13
Views: 1426

Re: Is the low interest rate loan arbitrage always worth it?

Instead of focusing exclusively on the "assets" side of my personal balance sheet, I try to look at the big picture the best I can. I'm OK carrying a car loan @ 0.9% (fixed, 4.5 years remaining) and student loan debt @ 2.25% (tax deductible, fixed, 8 years remaining). Both of these are setup with on...