Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
No sir, your FDIC coverage should be fine. It's just that I prefer to spread my income generation a bit more than that. Again, think about Treasuries... similar income, no FDIC issues at all and the Treasury ain't going out of business.
@fred495 - to reinforce yogi, the trick here is to buy brokered CDs through your brokerage, and spread them around through different banks. Maybe 50k here, 50k there. I try to look for banks that are more or less main-line. But be careful on "callab…
@Catch22 - No, nothing like that. If the letter is legit I don't think that they would be asking for any personal or financial info, since they must already have all of that before they sent it to you, and evidently they already know that you are a …
I can report this re Chubb: A couple of years ago my Toyota Tacoma was parked and a woman (somewhat under the influence of something or other) took out a rear fender while attempting to park behind me. She had Chub and they paid quickly and in full …
Here is the latest report on the ongoing Boeing situation:
• 4/6/24: Associated Press is reporting that the FAA will investigate after Boeing reported that workers in South Carolina falsified 787 inspection records
Here are edited excerpts from …
No correction required- from my post just above: "Each Atlas V launch vehicle consists of two main stages. The first stage is powered by a Russian engine manufactured by Energomash and burning kerosene and liquid oxygen."
CAPE CANAVERAL, Florida (Reuters) -Boeing's new Starliner astronaut capsule was poised for launch on Monday night on a much-delayed first crewed test flight to orbit, as the company scrambles to compete with Elon Musk's SpaceX for a greater share of…
@hank - No sir- we've had this coverage with at least four different companies over the years and that has never come up. As Yogi mentioned though, it's a add-on requiring another underlying policy.
After years of delay, Boeing to try again with Starliner space capsule
An excerpt from The Washington Post:
Before a door-size panel blew out of a Boeing 737 Max, leaving a gaping hole in the side of an Alaska Airlines aircraft shortly after takeof…
@bee - And that commentary is essentially the "Great Depression" wisdom that my parents and my wife's parents passed on to us. In a nutshell: with the exception of a mortgage, never owe anybody anything. Every inch of debt is one less inch of contro…
@Mark - Good for you. I hope that you do well with that- I always wondered if that would work. I imagine that it takes a lot of attention to stay on top of changing situations.
Not certain that this is relevant, but each website server is configured to work with a fair number of different browsers and different versions ("upgrades") of those browsers.
It's possible that Vanguard made some software changes which worked OK …
@Crash- in addition to @MikeM 's advice- the only reason that I personally keep any cash in the Schwab sweep account is in case I might need to move it somewhere else, like maybe our Schwab Bankchecking account in anticipation of checks to be writte…
No, that's probably a special redeactivation situation which they won't talk to you about on the phone because that may negatively impact your customer service experience but triggers a special redeactivation assessment fee, the amount of which is o…
If I were a Secret Service agent assigned to Trump I'd be a little concerned right now...
Maybe they'll let them order food from outside. Probably be pretty cold when it gets delivered though.
With respect to insurance deductibles, consider why a deductible of, say, 5k vs 100k likely isn't going to change the policy rate that much.
A home is insured for $1 million. If that home is destroyed by fire:
• At 5k, the insurance company is on …
@Catch22- Maybe this is the reason?
Attorney general moves to reclassify marijuana as lower-risk drug, officials say
Following is an excerpt from a current Washington Post report:
Attorney General Merrick Garland on Tuesday will recommend loosenin…
What took so long? I've held him in contempt since 2016.
“The court will not tolerate continued willful violations of its lawful orders,” the judge, Juan M. Merchan, said — an ominous warning to open the third week of Mr. Trump’s trial. He added tha…