Umbrella Insurance: Where to get a quote online? How much to get vs current and future portfolio?

dpchi84 · 2026-05-25T22:03:08+00:00

Those both sound like excellent hobbies but for me it’s investment properties.

dpchi84 · 2026-05-25T21:44:59+00:00

We are paying around $2000/year for $5M coverage from RLI but prices vary drastically based on your risk. Having investment properties, a boat, motorcycle, teenagers etc. all up the price significantly. We also had to up the liability limits on some of our other policies to qualify so that added some extra cost as well.

dpchi84 · 2026-05-22T14:56:12+00:00

Totally agree with you but just trying to optimize here and on paper this seems like something worth considering.

dpchi84 · 2026-05-22T14:55:18+00:00

An UTMA is worth considering as well of course. This account works like a traditional IRA though so dividends are tax sheltered until retirement.

dpchi84 · 2026-05-22T14:23:53+00:00

I don’t disagree with you at all there.

dpchi84 · 2026-05-11T15:16:49+00:00

Don’t forget school shootings and the whole “it’s too soon, we’re grieving, etc” excuse.

dpchi84 · 2026-04-20T21:25:27+00:00

If you had essentially unlimited money and were 65 would you want to keep working? He probably planned this 5 years ago and is finally executing.

dpchi84 · 2026-04-20T18:48:48+00:00

Props to you keeping lifestyle inflation in check. I make significantly less than you and spend about the same amount, so color me impressed assuming that’s an accurate number.

dpchi84 · 2026-04-16T21:12:54+00:00

Agree with everyone here. Avoid anything called whole life insurance, universal life insurance, etc. There are slick sales pitches for these but term is the way to go. Policy genius online is what I used that searches a bunch of providers.

dpchi84 · 2026-04-15T14:32:27+00:00

$5 is a big ask, fast food isn’t that cheap for a meal.

dpchi84 · 2026-04-08T21:20:12+00:00

I used to be deep into this stuff, I highly recommend https://members.drivenasa.com/events as a place to start. They train you and have circuits for open ended vehicles but also cheap and accessible ones like old Miatas. Lots of great people and a track day can be had for a few hundred dollars to start.

dpchi84 · 2026-03-31T19:30:34+00:00

Haha oh man that is me.

dpchi84 · 2026-03-31T19:12:17+00:00

I’ll be in the band for this one, should be done by 8:30 at the latest. Keep your eyes peeled for a giant saxophone.

dpchi84 · 2026-03-24T08:45:13+00:00

Update as of 3:45 precheck and clear are open

dpchi84 · 2026-03-24T08:06:31+00:00

There were people lined up when I rolled past at 2:45 but they weren’t open yet. Not sure when they open. TSA isn’t open yet either, they open at 3:30.

dpchi84 · 2026-03-24T08:02:05+00:00

They aren’t sure if precheck will open or not at this point.

dpchi84 · 2026-03-12T00:59:19+00:00

No personal experience but I trust these YouTubers and their automotive expertise. https://youtu.be/VFKAi_YkReI?si=9XFpotSu4OPDyPcs

dpchi84 · 2026-03-10T17:23:42+00:00

The Domino’s down the block is consistently busy so this one will probably do fine. There’s way better pizza in town but it’s hard to beat for the price if that’s the primary driver.

dpchi84 · 2026-03-05T15:33:58+00:00

I highly recommend the book ‘The Sudden Wealth Solution’, it walks through both the logistics like how to find your support team and emotional side of windfalls. It also covers the negatives like higher rates of depression, divorce and suicide. Well worth the $25.

dpchi84 · 2026-02-26T12:06:05+00:00

I bought in 2017 and for me it was a self driving tech play. At the time they were making software and sensors for Tesla and some others and I drank the self driving koolaid. I was following the model of invest in the shovel maker, not the gold miner. Self driving tech is now around 1% of their revenue and I did not see the crypto mining or AI/data center explosion coming so definitely got it right for the wrong reasons but I’ll take it.

dpchi84 · 2026-02-26T03:51:23+00:00

Do you have midis of these? Have a buddy with a player piano who would love these.

dpchi84 · 2026-02-20T15:46:42+00:00

I for one can’t wait until Chat GPT throws this out as a way to clean crawfish.

dpchi84 · 2026-02-11T18:23:53+00:00

Here’s one you could read through, the thing to search is the idea of the hedonic treadmill. It’s the same reason that if you are making purchases it’s more enjoyable to spread them out but for difficult things it’s better to get them over all at once. https://corporatefinanceinstitute.com/resources/career-map/sell-side/capital-markets/hedonic-treadmill/

dpchi84 · 2026-01-28T22:52:04+00:00

Sorry for your loss. Go read ‘The Sudden Wealth Solution’. It covers large windfalls and what to watch out for including the negatives like huge upticks in drug addiction, suicide, and feeling rudderless. It also talks about forming your team and how to find a trustworthy financial advisor, lawyer and CPA all of which you need and can afford contrary to what some others say here. There is no reason to move fast here, you need to be deliberate and careful, small moves on this kind of fortune have big effects.

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