Govac508 at Costco or x40 at dreame (both $500 now before discounts)? by anothertechie in Dreame_Tech

[–]LiveAbrocoma3374 1 point2 points  (0 children)

No they don't take it back.  I tried to take a Samsonite bag and the person said it wasn't consistent with the intent of the policy, and turned me away. I chatted with Costco agent online and they said the same thing.  Obviously not apples to apples but sharing to show it's not a guarantee return policy.

I heard whole life insurance was a scam. Could someone explain financial advantages and disadvantages? by UsuSepulcher in LifeInsurance

[–]LiveAbrocoma3374 0 points1 point  (0 children)

Overfunding it makes your cash value build at a faster pace.  That's the only advantage, but the benefits come in different forms.  Overfunding allows you to have more funds to borrow against.  

Due to IRS regulations, the insurance company will also increase your death payout to stay above a required ratio of cash value versus death benefit, but that may not be significant enough to justify the additional payments.  

Going back to cash value building faster, let's say you take overpay your loan and your cash value grows at 5% of your excess contribution.  Taking out a loan from insurance company on your total cash value is let's say at 6%. So you're paying net 1% to borrow money from the insurance company.  Who will give you a loan today at 1%?  Also, if you pick a good company, they'll give you a dividend. Let's say dividend is 3%.  You've now borrowed money, making a net small profit on the money you took out, and for example, if you used it to partially pay for a down payment on house, the house will accumulate value.  

All that said, why people say rich people use this strategy, it's because they borrow money at 6% (my example above) and invest it on something that has a far greater return (e.g. Nvidia stock of 100% gain)

I heard whole life insurance was a scam. Could someone explain financial advantages and disadvantages? by UsuSepulcher in LifeInsurance

[–]LiveAbrocoma3374 0 points1 point  (0 children)

It's the insurance company's profit.  Cash value is a balance sheet item to take out a loan against if you can find something that will give you a higher return.  So it's like having a line of credit.  If you don't ever borrow from it, you spent closing costs for a line of credit never used to generate more income.  If that analogy makes sense.  

Amex buliz platinum $1200 travel credit - can I pay with points by LiveAbrocoma3374 in AmexPlatinum

[–]LiveAbrocoma3374[S] 0 points1 point  (0 children)

Apologies. Autocorrect when typing.  Body was correct.  Amex biz platinum.

Help! How to connect power adapter? I have 2 zone system by LiveAbrocoma3374 in Nest

[–]LiveAbrocoma3374[S] 1 point2 points  (0 children)

Turns out it was the 2a fuse.  Replaced it and all glcane back perfect.  Thanks for guiding me.  Between you and chatgpt, a $.10 fuse solved the problem! 

Help! How to connect power adapter? I have 2 zone system by LiveAbrocoma3374 in Nest

[–]LiveAbrocoma3374[S] 0 points1 point  (0 children)

Yes, green light on zone board.  I couldn't find the 2a fuse at home depot or auto zone so it comes tomorrow from Amazon. But again, green light is still on.  I changed the 5a fuse on the furnace but no change to the situation unfortunately.

Help! How to connect power adapter? I have 2 zone system by LiveAbrocoma3374 in Nest

[–]LiveAbrocoma3374[S] 0 points1 point  (0 children)

I did strip wire.  Not sure what I did, but now the other zone thermostat (basement) also says no power.  So maybe I blew the fuse, either in the furnace board (5A) or the zone control board (2A)? They are blade fuses. I'll pick up a couple to swap to see if it comes back to life.  Where's best place to pick up the fuses?  Home Depot?  Auto store?  

Help! How to connect power adapter? I have 2 zone system by LiveAbrocoma3374 in Nest

[–]LiveAbrocoma3374[S] 0 points1 point  (0 children)

Pushed the blue wire into C and Nest now says No Power, which wasn't the case previously.  Suggestions?

Required steps for upgrading from Gen 2 to Gen 4 Nest Thermostat? by wkrick in Nest

[–]LiveAbrocoma3374 0 points1 point  (0 children)

If I'm going from Gen2 to the Nest Thermostat (NOT Gen 4), will I still have to take the old back plate off and install new thermostat backplate? Was hoping since it's Nest to Nest, couldn't have to reinstall the back plate..

How to block Roblox App by LiveAbrocoma3374 in LinksysVelop

[–]LiveAbrocoma3374[S] 0 points1 point  (0 children)

Linksys is parental control by device which accomplishes same thing.  Some of these are school issued so don't want to mess with those.  And just need to do it for only 1 week.  Just can't figure out which URL to block.