Search found 331 matches

by Frisco Kid
Thu Apr 19, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 3191

Re: Total Cost of Car Ownership over 10 years

Some costs will be very location dependent. Here on the SF Peninsula many reputable shops or a dealer run $125+ hour for labor and gas/registration costs are among the highest in the country as is our sales tax. Top tier 87 octane currently right at $3.50 gallon in my patch of the woods.
by Frisco Kid
Tue Apr 10, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5201

Re: Retirees: Who's increasing their equities as they age?

I think the answer to your question depends on where one is now. About your age but at 70/30. In our case would NOT increase equities.
by Frisco Kid
Mon Apr 09, 2018 7:48 am
Forum: Personal Consumer Issues
Topic: How would you rotate these tires?
Replies: 20
Views: 1642

Re: How would you rotate these tires?

I would buy new tires if it were my car. As others have said...safety first. 3 of your 4 are already performing marginally in dry weather and to me would be questionably unsafe in the wet.
by Frisco Kid
Mon Apr 09, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 38
Views: 3098

Re: Toyota 4 Runner

A 4 Runner IS a truck and drives like one. For me the joy is that it is old school and reliable beyond the norm. The components are heavy duty...built for functionality not a comfortable ride. Truly the last of a dying breed, if it is the right vehicle for you buy one while they are still available.
by Frisco Kid
Thu Apr 05, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: Builder wants $800 to vent a gas cooktop
Replies: 53
Views: 3999

Re: Builder wants $800 to vent a gas cooktop

The vent/hood needs to match the stove and cooking style of the owner. I would vent to the outside in all applications. If you pan fry meats, fish, etc and use multiple burners you need a standalone vent that is properly sized and code compliant. A recirculating vent would be useless.
by Frisco Kid
Wed Apr 04, 2018 6:57 pm
Forum: Personal Consumer Issues
Topic: VHCOL Home Buying Advice (Bay Area, where else?)
Replies: 65
Views: 4906

Re: VHCOL Home Buying Advice (Bay Area, where else?)

Do yourself a favor and take a serious look at traffic patterns so you have an idea what your commute time will be. What city will you be working in? Typically traffic ANY direction in/out of SV is brutal during normal commute hours. That adds stress and expense............ I would not buy a fixer u...
by Frisco Kid
Wed Apr 04, 2018 8:02 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10411

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

Market Timer has an interesting perspective on this........ Their approach certainly is not the "norm" for many of us. As always for any blog, filter the content as you see fit.
by Frisco Kid
Wed Mar 28, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Drip irrigation or pop-up sprayers for garden?
Replies: 19
Views: 1698

Re: Drip irrigation or pop-up sprayers for garden?

OP.......just out of curiosity, what factors were involved in choosing drought tolerant plants for a very rainy climate?
by Frisco Kid
Wed Mar 28, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: Which cordless weed whacker to buy?
Replies: 31
Views: 1512

Re: Which cordless weed whacker to buy?

I bought the new 80 volt from Greenworks. Plenty of power and run time for the typical homeowner. Stihl as suggested by others would be a more expensive alternative hopefully with better ergonomics. I find the length of the Greenworks tool a little too short and the hand position odd while turning t...
by Frisco Kid
Mon Mar 26, 2018 7:10 am
Forum: Personal Finance (Not Investing)
Topic: House Purchase - Sanity Check On Financials
Replies: 53
Views: 4264

Re: House Purchase - Sanity Check On Financials

OP is under 30, single income with 3 kids and recently had a large salary increase. Proposed home borders on being affordable but feel OP is pushing a bit too hard. Regarding this being a forever home, I don't believe at a young age it is possible to even identify your forever home. Life happens and...
by Frisco Kid
Sat Mar 24, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Talk some sense/cents into me- new car purchase
Replies: 44
Views: 3029

Re: Talk some sense/cents into me- new car purchase

Having an understanding wife/significant other goes a long way for those of us that are members of the boys and their toys club. Being a life long member I truly understand the "opportunity costs" of membership. in the OP's case having 2 toys PLUS STUDENT LOAN DEBT plus a new car payment is too high...
by Frisco Kid
Fri Mar 23, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: Building a bridge to Social Security: When to start?
Replies: 34
Views: 3986

Re: Building a bridge to Social Security: When to start?

No question delaying SS to 70 gives you the highest benefit if you live past break even age. I think for many with their retirement nest egg in tax deferred accounts the "sweet spot" for starting SS is at FRA. You then pull $ as needed from your tax deferred accounts while the remainder builds tax f...
by Frisco Kid
Wed Mar 14, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Can we slowdown and ease into part time retirement ?
Replies: 17
Views: 1859

Re: Can we slowdown and ease into part time retirement ?

For me the question would be if paying for 15 years of medical insurance (now till Medicare @ 65), and reduced SS and pension is too high a price to pay at this point in time? Congrats on your savings so far! You might consider continuing to work FT another 5 years and re-evaluate then.
by Frisco Kid
Tue Mar 13, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: Opening Up Kitchen to Dining Room
Replies: 17
Views: 1663

Re: Opening Up Kitchen to Dining Room

From a construction standpoint concrete slab makes plumbing changes a nightmare limiting options and adding expense. Suspect you will find moving the wall quite expensive. What makes you think it is non load bearing? Another path might be to buy a different house? Don't mean to sound negative but ch...
by Frisco Kid
Sun Mar 11, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Very expensive home in HCOL Area
Replies: 42
Views: 5631

Re: Purchasing a Very expensive home in HCOL Area

OP, there is no way to forecast home prices 5-7 years forward. Are kids in your future? As others have mentioned, if you are in 22% tax bracket buying a home $1.5M will make you house poor even with a large down payment. What areas are you considering, many parts of LA are considered VHCOL and your ...
by Frisco Kid
Mon Mar 05, 2018 4:03 pm
Forum: Personal Consumer Issues
Topic: Converting old home to open plan layout?
Replies: 45
Views: 4002

Re: Converting old home to open plan layout?

Old homes have a certain style about them, why destroy the character by making it something it isn't? Many of us old school traditionalists would suggest you consider buying a different house with an existing floor plan more to your liking.
by Frisco Kid
Mon Mar 05, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Which car, Porsche Cayenne or Volvo XC90?
Replies: 71
Views: 5576

Re: Which car, Porsche Cayenne or Volvo XC90?

Pick your poison. Even with extended warranty wearable parts (brakes for example) will be very expensive for either car IMHO...... If you are concerned with maintenance costs I would not go with either of these vehicles. Likely either way they would be too expensive to maintain given any major failu...
by Frisco Kid
Wed Feb 21, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: frustrated with patek philippe poor service
Replies: 29
Views: 2575

Re: frustrated with patek philippe poor service

I also don't see this as poor service. A Patek is a "niche" high end product along the lines of owning a Ferrari in the automobile world. Their clientele is typically very discriminating. Great article shared by previous poster, a company that can fabricate parts when required can charge time plus m...
by Frisco Kid
Tue Feb 20, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Staying Motivated: How do you ward off hopelessness?
Replies: 59
Views: 7357

Re: Staying Motivated: How do you ward off hopelessness?

Consider becoming a student of Stoicism. www.dailystoic.com will get you started.
by Frisco Kid
Sun Feb 18, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9881

Re: Do you wear a wedding band?

I do not, wife of 42 years is ok with that......
by Frisco Kid
Sun Feb 18, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 11501

Re: What has been your most important skill in achieving financial independence?

Lived in a VHCOL area our entire lives making it challenging to save a high % of income. What worked for us was saving enough in our 401k's to get the company match as a minimum and maxing when we could which really wasn't that often. Discipline to stay the course was important too as was a long tim...
by Frisco Kid
Fri Feb 09, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Multiiple indicator lights on (car)
Replies: 44
Views: 1776

Re: Multiiple indicator lights on (car)

OP did not say CHECK ENGINE LIGHT was on so no need to check for codes. Service light merely indicates oil needs changing. Check oil level and add oil, check tires and add air. Take car to shop and have charging system checked. No disrespect but this indicates a car whose owner is not maintenance or...
by Frisco Kid
Mon Feb 05, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 8036

Re: "Bitcoin is my potential pension"

Ahhh to be young. As 22 year old's many of us spent time and money "chasing rainbows" which tickled our fancy. For me it was playing the horses. After all at that age we thought we knew everything anyway. Throughout life via the school of hard knocks hopefully one gains wisdom?
by Frisco Kid
Mon Feb 05, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Can/should we buy this much house?
Replies: 9
Views: 1300

Re: Can/should we buy this much house?

Can you afford it? As others have said...Yes. Should you buy it is another question. With a new job you don't really know how things will work out. fortunately you have an adequate emergency fund. Any more kids planned and when will your kids enter the public school system?
by Frisco Kid
Sun Feb 04, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: What would you do with this car?
Replies: 37
Views: 2755

Re: What would you do with this car?

OP, sounds like you have had a change of heart regarding making the payments. Is that what has made what was your dream car no longer your dream car? A G550 as you know is a very niche specific vehicle, what made you want it in the first place?
by Frisco Kid
Mon Jan 29, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 40923

Re: What frugal thing did you do today?

DW and I worked in the garden all day and ate our meals at home....... Didn't even start the car!
by Frisco Kid
Mon Jan 29, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: BMW All Surface Protection Program
Replies: 13
Views: 1118

Re: BMW All Surface Protection Program

OP, In a different post you mentioned that you wanted to keep your new BMW really shiny. If you have your car professionally detailed once per year for 7 years you will spend more than $1200 anyway. Is there a way you can give us an idea of what this program covers and how often it can be used? $120...
by Frisco Kid
Mon Jan 29, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: H&R Block 1099G state tax refund issue
Replies: 15
Views: 1009

Re: H&R Block 1099G state tax refund issue

Reasons like this is why many of us continue to do our taxes BY HAND......
by Frisco Kid
Mon Jan 29, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Keeping a new BMW shiny!
Replies: 27
Views: 2428

Re: Keeping a new BMW shiny!

Myself and all my car buddies use products from Griot's Garage and/or Zaino. Use of a high quality car cover to be used anytime the car is not being driven helps A LOT. If your car is a daily driver keeping it REALLY clean by hand is a huge task............ Good luck, would be interested in hearing ...
by Frisco Kid
Mon Jan 29, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Certified Used BMW, Audi or Mercedes
Replies: 53
Views: 4085

Re: Certified Used BMW, Audi or Mercedes

In the past no question the German brands were more expensive to maintain. My gut tells me as ALL cars become more complex/expensive seemingly on a yearly basis car maintenance will be expensive REGARDLESS of what brand you drive. Parts are more expensive as is labor and it takes longer to perform j...
by Frisco Kid
Wed Jan 24, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Losing job soon but have big nest egg -- problem?
Replies: 20
Views: 3029

Re: Losing job soon but have big nest egg -- problem?

You have done an amazing job of building wealth, congrats. Look at all of the positives to include $2.8M PLUS a paid off house and an employed wife who likes her job and makes good $ with health care benefits. Worries, what worries? You can take plenty of time to consider where to go next. You have ...
by Frisco Kid
Sun Jan 21, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Window replacement - any advice? Lessons learned?
Replies: 50
Views: 7321

Re: Window replacement - any advice? Lessons learned?

A point not mentioned yet in other responses is to consider which type of window you want. We took our contractors advice to replace the original double hung style in our master bedroom with casement style (crank out) as your view is enhanced through the single piece of glass. That is absolutely tru...
by Frisco Kid
Fri Jan 19, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Chevron
Replies: 8
Views: 544

Re: Qualified Dividends Chevron

In previous years put full amount on line 9a Form 1040 from 1099 form 1a (Total Ordinary Dividends) and left line 9b Form 1040 blank even though 1099 box 1b (Qualified Dividends) shows same amount as box 1099 1a. Like many am always learning which is what I appreciate about the BH community.. Did I ...
by Frisco Kid
Fri Jan 19, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Chevron
Replies: 8
Views: 544

Qualified Dividends Chevron

Was under the impression that my Chevron dividends listed as Total Ordinary Dividends in Box 1A of my 1099-DIV were to be treated as ordinary income and filed as such the last couple of years. I see the same amount is listed in Box 1B as Qualified Dividends. Is this telling me these dividends are ta...
by Frisco Kid
Wed Jan 17, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: Car/Motorcycle Jump Starter?
Replies: 17
Views: 849

Re: Car/Motorcycle Jump Starter?

I have found the challenge is in keeping the jump start battery charged along with how low the battery you are trying to jump has gotten. I now don't even bother with them and either jump start via cables or call road service. Also they only last so long. Great convenience item when they work correc...
by Frisco Kid
Tue Jan 16, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: pay off 401k loan or not?
Replies: 17
Views: 1478

Re: pay off 401k loan or not?

If I understand correctly, a 401K loan balance is NOT invested in the market so you would not make any gains on that amount. Using last year as an example invested at your AA you would have made significantly more $ than interest payments would have cost. I would use the HELOC to pay off the 401K lo...
by Frisco Kid
Tue Jan 16, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: 24 year old with a little over a million looking for a stable income.
Replies: 15
Views: 2717

Re: 24 year old with a little over a million looking for a stable income.

Having $1M at your age is a HUGE advantage, many work a lifetime to acquire that amount. Time is on your side, give careful consideration as to how you proceed. Three years from now you don't want to find you have burned through most of the $ to realize you have not yet "found yourself" 3 fund portf...
by Frisco Kid
Tue Jan 16, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Help with young family portfolio
Replies: 12
Views: 1193

Re: Help with young family portfolio

At your age with two young kids a mortgage and DW primarily a SAHM liquidity is king! Pad your emergency fund for now and do start contributing to your 401K. I would not get caught up in numbers posted on this forum by others or become obsessed with being debt free. You are doing fine with your TOTA...
by Frisco Kid
Tue Jan 16, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: 29 years old, newly married. Need help allocating ~$3300/month
Replies: 8
Views: 1460

Re: 29 years old, newly married. Need help allocating ~$3300/month

Since DH recently started a job in a volatile industry and you are newly married with plans to start a family soon makes sense to me to have liquidity as my top priority. Half to increase emergency fund and half to taxable?
by Frisco Kid
Sun Dec 31, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Outbuilding Height For Resale - 10ft or 14ft
Replies: 11
Views: 1079

Re: Outbuilding Height For Resale - 10ft or 14ft

An additional advantage for resale with a higher wall height is that an automotive enthusiast could install a lift(s). 70 x 30 with a lift would make for a very nice hobbyist shop/man cave allowing either service work or car storage with one car over the other.
by Frisco Kid
Sat Dec 30, 2017 7:32 am
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 10036

Re: I Want to Buy a Horrible, Expensive Car

OP, your intended usage has Toyota 4 Runner written all over it IMHO.
by Frisco Kid
Sun Dec 24, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Implications of tax bill on residential real estate (house prices)
Replies: 62
Views: 6055

Re: Implications of tax bill on residential real estate (house prices)

Another factor that may effect home pricing in VHCOL areas is that mortgage interest can now only be written off up to $750k down from $1M. Add that to the SALT cap of $10k and potential lost deductions to some would be massive. State and property taxes are pretty much set but losing 25% of the mort...
by Frisco Kid
Sat Dec 23, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Overpaying 2017 State Income Taxes to maximize 2017 federal SALT deduction
Replies: 8
Views: 2787

Re: Overpaying 2017 State Income Taxes to maximize 2017 federal SALT deduction

Be careful with over payments as your refund is taxable for the following year making sure that amount doesn't bump you up a bracket....... If I understand correctly for 2018 the challenge will be to hit your state tax withholding as close as possible to maximize remaining SALT deduction space. Assu...
by Frisco Kid
Fri Dec 22, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 22453

Re: Do you see a meaningful change in your income with new Tax Bill?

No, looks like we will see a small (less than 1%) increase in taxes. MFJ no kids living in CA. We are fortunate, have several friends/neighbors not very happy right now. SALT cap in high property and state tax states going to be a killer..............
by Frisco Kid
Tue Dec 19, 2017 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 7032

Re: Can I afford it: Dodge Challenger

I really see no downside here, as others have said $35k is reasonable money these days and the car has decent resale value. Folks in the Honda/Toyota camps and non enthusiasts don't understand this type of car. For you non car people the name Scat Pack goes back to Dodge's line of high performance c...
by Frisco Kid
Tue Dec 12, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: Microwave - Reliable built-in with vent?
Replies: 11
Views: 811

Re: Microwave - Reliable built-in with vent?

A knowledgeable appliance salesperson will share with you that a microwave with a built in vent is going to provide marginal performance at best as they are designed for convenience. These are really not a good idea..................
by Frisco Kid
Tue Dec 12, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Where might be car security system "secret" button?
Replies: 17
Views: 1772

Re: Where might be car security system "secret" button?

Do you plan on using the alarm? If not, the instruction booklet will tell you where the system picks up power. Path of least resistance might be to electrically disconnect it. As a former tech I can say from experience troubleshooting anything aftermarket may cause issues.
by Frisco Kid
Fri Dec 08, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Extended warranty on 2018 Outback
Replies: 47
Views: 1995

Re: Extended warranty on 2018 Outback

Former mechanic here....For anyone planning on keeping a car a long time an extended warranty makes sense to me, consider it an additional cost of ownership. I say that because cars are getting more and more complex with added electronics and computers for every system. I did not always think this w...
by Frisco Kid
Fri Dec 08, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 50
Views: 3276

Re: Fuel Additives for 2017 Toyota Camry

Ethanol separation can be a problem but typically in older vehicles with rubber parts in their fuel systems and when cars are stored. If you run through a tank monthly you should be fine. Any issues would be covered under warranty initially anyways.
by Frisco Kid
Thu Dec 07, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 28777

Re: Why not take Social Security at 62

Our main concern with delaying past FRA (66 for us) is that there is no way to know what changes in future benefits may be. If we use tax deferred funds to cover the 4 year gap that $ is gone. What if we do that and future benefits are reduced? A couple of years away from having to make that decisio...