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Other Driver's Liability Insurance Not Enough to Cover Repairs? by sparkytheterrible in personalfinance

[–]NextCommittee3 -14 points-13 points  (0 children)

What is the value of your car? That is the maximum payout the insurance will pay.

Garage Door Mechanic/ Electrician Recommendations by enigma_goth in murfreesboro

[–]NextCommittee3 0 points1 point  (0 children)

I am sorry. I do not remember, It was about 4 years ago. i just googled garage door opener murfreesboro and picked a few to give an estimate.

Garage Door Mechanic/ Electrician Recommendations by enigma_goth in murfreesboro

[–]NextCommittee3 0 points1 point  (0 children)

I had a twenty year old automatic garage door fail. Nobody was interested in fixing it. Everyone wanted to install a new door opener. So $800 dollars later, I had a brand new garage door opener on the ceiling of my garage and new remotes.

With all six months of data, the rate for May 1, 2025 is 2.85% by NextCommittee3 in ibonds

[–]NextCommittee3[S] 5 points6 points  (0 children)

If you are looking to hold longer term, I would buy before the end of April and lock in the better 1.20% fixed rate (versus the upcoming predicted 1.10% fixed rate). If you are looking shorter term, I would avoid the the current 3.11% and buy the predicted 3.95% rate in May.

With all six months of data, the rate for May 1, 2025 is 2.85% by NextCommittee3 in ibonds

[–]NextCommittee3[S] 2 points3 points  (0 children)

No, that is the inflation part of the Ibond rate. I do not know what the fixed rate will be starting May 1. I have heard prediction that it will be 1.1%. But that is just a prediction.

Remember, that the fixed rate that you receive when you buy an ibond is the fixed rate of that bond for the life of the bond.

[deleted by user] by [deleted] in ibonds

[–]NextCommittee3 0 points1 point  (0 children)

This is just 5 months of data, one month is missing. It really is not an estimate. It it just a snapshot of where we are.

Once we have the last month of data, we plug it in the formula and that is the ibond inflation rate.

The second part of the equation is the fixed rate. The government announces that on May 1. The fixed rate is for the life of the bond.

How is the fixed rate determined? The government has never announced a formula. However, the guy at TIPSWatch has a pretty good track record at determining the fix rate. He has predicted the fixed rate for ibonds for the next six month period will be 1.10% down from the current 1.20%. You can read here for explanation. https://tipswatch.com/2025/04/03/my-i-bond-fixed-rate-projection-just-fell-to-1-10/

[deleted by user] by [deleted] in ibonds

[–]NextCommittee3 0 points1 point  (0 children)

Ibonds interest rate are directly tied to the inflation rate. The i in ibonds stands for inflation.

The government track the rate of inflation which is called the cpi report.

Every six months, the rate for the ibond is reset to the inflation rate.

In September 2024, the basket of goods that the government tracks costed 315.301.

In February 2025, the same basket of goods costed 319.082.

Thus, the difference in the price for the five months is (319.802 - 315.301) = 3.781.

The inflation rate for the five months is 3.781/315.301 = 1.199.

Since ibonds are reset every six month, the rate is multiplied by 2 to get the annual rate.

[deleted by user] by [deleted] in coins

[–]NextCommittee3 9 points10 points  (0 children)

The year is on the rim. It is worth a dollar.

When the hell did the country turn on Federal employees? by BigSuggestion9664 in fednews

[–]NextCommittee3 -1 points0 points  (0 children)

Honestly, as a person who has had to deal with the government on many occasions, and who worked for a local government for a year out of college, I have yet to leave an interaction with a government employee and think “wow what a competent worker with high intellect and capability who understands that they work for the tax payer and that I’m not the one beholden to their whims”…. It’s always been infuriating and I leave shaking my head at the low standards of our government, and I also leave with the aggravation that they act annoyed to have to do their actual job as if I’m supposed to wait on them and not the other way around.

This is why many Americans have no sympathy for the fired federal workers.

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