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Dave Melick

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    • Thanks, I had the same question as Mr. Flack.

      Post: Free Tax Returns – That time of year.

      Link to comment from February 4, 2025

    • John, you're probably correct that some young people might not be as interested in some of the information available on HumbleDollar, but I think that the information in the Guide is very appropriate for younger people. In fact, I will be recommending that as valuable readings when my grandchildren reach high school ages and start having part-time jobs. Others have suggested a site perhaps written by those who are younger, and that would probably also be valuable. I will check out the Of Dollars and Data site!

      Post: Guiding our Youth – by John Yeigh

      Link to comment from January 31, 2025

    • Sounds exactly like my parents! Both from rural Iowa locations, both first generation college graduates, both with fiscal lessons from the depression era.

      Post: Making money – out of touch with the good old days. Maybe just a little rant by RDQ

      Link to comment from January 29, 2025

    • My score on the assessment was 31. Wife and I are able to be a bit more risk-tolerant due to our pensions which more than cover all our expenses. Most of the questions on the assessment I found to be fairly easy to respond to, but there were a few that caused me to think a bit.

      Post: Do you understand your tolerance for risk? Really, honestly? I’m not sure most of us do. By RDQ

      Link to comment from January 25, 2025

    • Will the dealer provide some type of warranty on the 6,100-mile vehicle? If so and if the vehicle is something you like, I would opt for that one and avoid all the depreciation that happens in the first couple years of owning a new car.

      Post: Ok HD community I need car advice

      Link to comment from January 24, 2025

    • This article got me thinking about my homeowners insurance, and the sizable premium increases over the past 2-3 years. Homeowners insurance has different "rules" than auto insurance -- my auto insurance premiums are primarily based on how I and the others named on my policy drive. Premiums increase if there are speeding tickets, claims resulting from accidents, etc. With homeowners insurance, 2 years ago when my premium increased 40% from one year to the next with no claims or coverage increase, my insurance agent explained that increase as being due to hurricane-related claims in the southeast portion of the country as well as the need for the insurance company to also pay for insurance to cover their claims payments. Now, with all the claims from the wildfires in California, I am truly concerned about what is going to happen with my premium at the next renewal time. Has there always been this difference in how auto and home insurance premiums are calculated?

      Post: Home Insurance

      Link to comment from January 18, 2025

    • We had a significant increase in our homeowners insurance last summer, primarily due, according to my agent, to excessive claims in other areas. We live in Nebraska and don't have quite the weather extremes on the coasts. Guess I'll be looking forward to another steep increase this coming summer.

      Post: The Twenty Billion Dollar Problem

      Link to comment from January 10, 2025

    • Very true!

      Post: Golden Perks by Andrew Forsythe

      Link to comment from January 5, 2025

    • Andrew: nice article! In response to your comment: "The greatest senior perks of all, of course, are Medicare and Social Security. I know we, to some extent at least, paid in advance for these with taxes over the years." I agree completely, particularly with Social Security. According to the monthly reports I receive about my projected benefits is also information about how much I paid in during my working career. If I took SS benefits now at age 66 and 5 months, I would surpass how much I paid in when I turn 70 and 5 months. If I took SS benefits at my FRA, I would surpass what I paid at age 70 and 6 months, and by waiting to claim SS until age 70, I will surpass what I paid at age 73 and 1 month. Using SS's life expectancy chart (which is acknowledged to be skewed lower than actual for those with healthy lifestyles), and my simple spreadsheet (which might not be 100% correct) I will receive $525,000 beyond what I paid if I make it to that predicted life expectancy! That's quite a "golden perk"!

      Post: Golden Perks by Andrew Forsythe

      Link to comment from January 4, 2025

    • Great article, Ed! It's better to be seen than viewed!

      Post: A Lifetime of Loss

      Link to comment from December 26, 2024

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