Search found 39 matches

by FloRidaRocky
Wed Sep 27, 2017 1:47 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 14062

Re: Bay Area Real Estate

If you're considering buying a house in the bay area and you have the 20% down payment saved up, consider moving to a cheaper part of the country and buying a house with cash. With no mortgage, your after housing income will probably be about the same in a lower cost of living area compared to livin...
by FloRidaRocky
Fri Sep 15, 2017 1:26 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20030

Re: Iphone X is $1000

I've tried them and they just aren't good enough for me. To each his own.
How did you survive 15 years ago when we were all carrying flip phones?
by FloRidaRocky
Wed Aug 16, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: LED bulbs for enclosed fixtures
Replies: 19
Views: 2203

Re: LED bulbs for enclosed fixtures

Does your significant other (if any) accept this? If so, you are a lucky man. I've probably gone through as many SOs as I have LED bulbs. I have been enjoying the single life for awhile, which gives me complete control over these life critical decisions. I hope you can convince your SO to remove yo...
by FloRidaRocky
Fri Aug 11, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone moved to another state for lower cost of living?
Replies: 72
Views: 10901

Re: Anyone moved to another state for lower cost of living?

I'm living in California right now. Once I get enough money to buy a house with cash, I will move to a lower cost of living area. I have done some research and believe my after housing income will be about the same if I were to stay in the SF Bay area and take on a typical mortgage, compared to movi...
by FloRidaRocky
Fri Aug 11, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Spreadsheet to Play with 401k Contributions
Replies: 4
Views: 571

Re: Spreadsheet to Play with 401k Contributions

Can't you just look at the state and federal income tax brackets? Use the calculator at this link: http://www.moneychimp.com/features/tax_brackets.htm For example, you are single, make $100k/year, no 401k contribution, your tax is $20,982. If you max 401k ($18k), your taxable income is now $82k/year...
by FloRidaRocky
Wed Aug 09, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Toyota Radio and Backup Camera No Longer Work
Replies: 41
Views: 1952

Re: Toyota Radio and Backup Camera No Longer Work

If the dash comes apart fairly easily, I'd take a multimeter and verify it was getting power. If you can get some electrical schematics that would help too.
by FloRidaRocky
Tue Aug 08, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4336

Re: College and Paying for it

I ran into this when I went to college. I didn't start college until the age of 27. I had a net worth of about $100k at that point. Despite having nearly a 4.0 GPA in an engineering program, I couldn't get any financial aid because I didn't have "financial need." I should have just blown all my mone...
by FloRidaRocky
Tue Aug 08, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: LED bulbs for enclosed fixtures
Replies: 19
Views: 2203

Re: LED bulbs for enclosed fixtures

After going through numerous LED bulbs in my enclosed fixtures, my solution was to take the glass covers off of the fixtures permanently, allowing the bulbs to be exposed to air, eliminating the heat build up.

Doesn't look as nice, but it was the easiest solution for me.
by FloRidaRocky
Thu Aug 03, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: The Rise From 7,000 to 22,000
Replies: 49
Views: 6603

Re: The Rise From 7,000 to 22,000

It doesn't seem so extreme if you think of it as 14,000-22,000 from 2007-2017.
2000 to 2010: 10500 to 10500
I was age 25-35 during this period and I was having serious doubts if I was doing the right thing by continuing to invest in the stock market.
by FloRidaRocky
Thu Aug 03, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 97
Views: 8647

Re: LED light bulbs

I did some research recently on LEDs because it seemed I was having a lot of failures, especially in the enclosed fixture in my shower. Apparently, some LEDs are not designed to be used in enclosed fixtures because of heat build up. Some of the newer ones are as the result of different design. This...
by FloRidaRocky
Mon Jul 24, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 13347

Re: Another bay area housing thread..

I know of a few people that bought right at the peak of the last housing bubble in 2007 or so. They bought modest single family ranch homes for $800k-900k. They lost 30-40% value when the housing bubble busted. They were upside down for 10 years and just recently regained value so they are back in t...
by FloRidaRocky
Fri Jun 02, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: Book - The New Retirementality
Replies: 26
Views: 3762

Re: Book - The New Retirementality

what exactly are you going to do with an extra 40 + hours per week of time I can think of a million other things I'd rather do than come to work 5 days/week. Whenever I hear somebody say they love work and they will never quit, or I see people in their late 60s and 70s working, I just wonder if the...
by FloRidaRocky
Wed May 31, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer without an in person interview
Replies: 41
Views: 4264

Re: Job offer without an in person interview

I won't accept a job until I see the daily work environment first hand. I had one company interview me in the corporate headquarters (fairly swank) and when I reported to work on my first day, the job site was across the street in a somewhat dumpy trailer working as a contractor for a client of the ...
by FloRidaRocky
Wed May 17, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: Keep paying for AC refrigerant when tech cannot find a leak
Replies: 20
Views: 1972

Re: Keep paying for AC refrigerant when tech cannot find a leak

So, is the technician the same company that the warranty is under? So you think they may be trying to minimize warranty payout by not fixing the leak? How much does the refrigerant recharge cost per year? How much would it cost to get a 3rd party A/C tech to test the unit for leaks? Is it possible t...
by FloRidaRocky
Mon May 15, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much house? How large of a down payment? Infinite permutations are driving me batty
Replies: 36
Views: 3352

Re: How much house? How large of a down payment? Infinite permutations are driving me batty

Generally speaking I found that the lower the down payment, the shorter time to financial independence, because the alternative is us having that money in the stock market. Paying 100% cash for a place was the slowest route to retirement. 8 year bull market is producing irrational-exuberant confide...
by FloRidaRocky
Mon May 15, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Renting a small apartment vs buying a bigger home
Replies: 26
Views: 1886

Re: Renting a small apartment vs buying a bigger home

Move to a low cost of living area and buy a house with the $200k cash, live mortgage free. Personally I couldn't sleep at night with a $600k mortgage hanging over my head. Also consider the SF Bay area is due for a housing correction, what if you lose 20% value in your home and you had to move. Effe...
by FloRidaRocky
Wed May 03, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Where to put cash for house
Replies: 7
Views: 823

Re: Where to put cash for house

Housing prices will continue to appreciate until such time as inflation becomes a meaningful concern. This will happen, the only question is when. At this point the Fed will be forced to get more aggressive raising interest rates. Assuming the 10 year rises, this will make monthly payments more una...
by FloRidaRocky
Wed May 03, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Time to upgrade bed/bath linens
Replies: 23
Views: 2305

Re: Time to upgrade bed/bath linens

Costco for both sheets and towels


Unless you have a twin bed.

I cut my foam queen mattress down to a twin to save space and can't find twin sheet sets at costco, other than Dora the Explorer kids stuff.
by FloRidaRocky
Tue May 02, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put cash for house
Replies: 7
Views: 823

Re: Where to put cash for house

If you definitely plan to move, why not do it now and take on a small mortgage? You haven't given us a lot of numbers but it's likely the money you'll save in all of your other costs will allow you pay it off quickly. Even if you take out a conventional mortgage on a $150k house and pay extra every...
by FloRidaRocky
Tue May 02, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put cash for house
Replies: 7
Views: 823

Where to put cash for house

I have $115k sitting in a mix of savings/checking/money market accounts (80%) and Vanguard taxable investments (20%). I would consider about $15k to be emergency fund. I also have $250k in retirement accounts (401k, IRA, and RothIRA). I am maxing 401k and RothIRA, and usually end up with at least an...
by FloRidaRocky
Fri Apr 28, 2017 12:27 pm
Forum: Investing - Theory, News & General
Topic: Sell in May and go away - not this year?
Replies: 15
Views: 2902

Re: Sell in May and go away - not this year?

Twas sweet relief to buy and read John Bogle's books. Buy the market and hang on for the ride. Don't even peek at the statements till it is time to retire rebalance.
by FloRidaRocky
Fri Apr 28, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Hit $1.5 million, another $1 million to go
Replies: 20
Views: 4437

Re: Hit $1.5 million, another $1 million to go

Congratulations! What's crazy, at least to me, is that government pensions are the equivalent of $2,000,000 or more in savings. It ain't easy being in the private sector! I was a federal contractor at one point and did some research into FERS. What I found was the pensions aren't worth as much as I...
by FloRidaRocky
Tue Apr 25, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: First Mortgage, need help with financial considerations (15 vs. 30 year)
Replies: 24
Views: 2306

Re: First Mortgage, need help with financial considerations (15 vs. 30 year)

How about taking the 30 year mortgage and pay it off in 15 years. Using a mortgage calculator, the monthly payments for a 15 year mortgage @ 4.25% would be $64/month more compared to the 15 year @ 3.5%, total cost of the loan would be $229,656, $11,417 more than the 15 year mortgage with the 3.5% ra...
by FloRidaRocky
Tue Apr 25, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Los Angeles house buying
Replies: 38
Views: 4275

Re: Los Angeles house buying

Take the $200k down payment, move to a lower CoL area of the country and buy a house with cash. Use a cost of living calculator to negotiate salary in the lower cost of living area. Even with lower salary, your net "after housing" income will be about the same with no mortgage in a low CoL...
by FloRidaRocky
Fri Apr 21, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: Comcast negotiations
Replies: 58
Views: 6927

Re: Comcast negotiations

I'd also like to see the ability to outsource other purchase negotiations (in addition to recurring entertainment and communication subscriptions) to a "discounter". There are a lot of "if you just say X when buying Y" situations that result in a significant instant discount, es...
by FloRidaRocky
Thu Apr 20, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: I will pay off mortgage at 40. What next?
Replies: 22
Views: 2922

Re: I will pay off mortgage at 40. What next?

If you're not already maxing out the 401k, that's a guaranteed 25-28% return in annual income tax savings.
by FloRidaRocky
Tue Apr 18, 2017 5:10 pm
Forum: Investing - Theory, News & General
Topic: Weight loss and investing
Replies: 35
Views: 4500

Re: Weight loss and investing

One disagreement: weight loss gets harder as you get older Easy to blame it on something you have no control over, compared to getting off the couch and putting the work in. Sorry to be so blunt, but I just get annoyed when I see that excuse being used. I am 41 and weigh the same as when I was 23. ...
by FloRidaRocky
Tue Apr 18, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of stuff would you never DIY, assuming you could?
Replies: 75
Views: 7017

Re: What kind of stuff would you never DIY, assuming you could?

Since I heard the story I've always brought my car in for rotations.


Have you considered buying a torque wrench?
by FloRidaRocky
Tue Apr 18, 2017 3:20 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 9136

Re: Mens Blue Jeans - What are we buying now?!

Anyone else notice pants are bigger in the waist than the listed size on the pants. For example, I measure my waist at 35", I try on 34" pants and they fit loose with at least 1 extra inch in the waist. Anyone else have the same experience?
by FloRidaRocky
Thu Apr 13, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Lack of rigor in EdX (and other?) MOOCs?
Replies: 23
Views: 1753

Re: Lack of rigor in EdX (and other?) MOOCs?

I'd hesitate to say that ALL MOOCs lack rigor. I've tried Introduction to Computer Science and Programming Using Python from MITx a couple times and it was pretty tough. I didn't finish it either time. I got about half way through both times and couldn't keep up. I'd say it was more rigorous than th...
by FloRidaRocky
Thu Apr 06, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Unique position
Replies: 17
Views: 1186

Re: Unique position

I'm interested in creating a Vanguard Index three or four fund portfolio, but what percentages should I use? I'll have $10,000 initially and probably $300-500 per month. I'd put it in a Target Retirement fund that aligns with your expected retirement year. Once you get enough money in it to qualify...
by FloRidaRocky
Wed Mar 22, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: High CoL Area (W/ Mortgage) VS. Low CoL Area (W/ Paid Off House)
Replies: 9
Views: 956

Re: High CoL Area (W/ Mortgage) VS. Low CoL Area (W/ Paid Off House)

Have you always lived in the Bay Area, or a big city area? Have you lived in a LCOL area? Would it drive you crazy to be away from everything a big city offers? I've spent half my life in Florida (hence my username), so that would be my first choice because I am familiar with that area. I'm just wo...
by FloRidaRocky
Wed Mar 22, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: High CoL Area (W/ Mortgage) VS. Low CoL Area (W/ Paid Off House)
Replies: 9
Views: 956

Re: High CoL Area (W/ Mortgage) VS. Low CoL Area (W/ Paid Off House)

Where may I beg of you have you found a 2 BR house in SF Bay Area for $500? Where I live (Palo Alto), the cheapest 2 BR freestanding house is $1.2M.


Northern-ish East Bay, around El Cerrito, bordering on the Richmond ghetto.
by FloRidaRocky
Wed Mar 22, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: High CoL Area (W/ Mortgage) VS. Low CoL Area (W/ Paid Off House)
Replies: 9
Views: 956

High CoL Area (W/ Mortgage) VS. Low CoL Area (W/ Paid Off House)

I live in a High Cost of Living area (SF Bay area). Real estate has been my biggest gripe with this area. I refuse to take on the debt required to buy a small house here. And at the same time I am getting tired of living in borderline ghetto apartments that give me the opportunity to save 50% of my ...
by FloRidaRocky
Fri Mar 17, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 19
Views: 1791

Re: How to know if power is cut to smoke detector

1. Microwave a bag of microwave popcorn 3 minutes longer than the directions state.
2. Remove bag from microwave.
3. Open microwave popcorn bag under the smoke detector.
4. Is smoke alarm making noise?
Yes: It still has power.
by FloRidaRocky
Thu Feb 02, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Technical issues with WIFI internet and websites
Replies: 18
Views: 1570

Re: Technical issues with WIFI internet and websites

You could boot another OS from a flash drive or CD, like an Ubuntu Live CD. That would let you know if it's a software problem with the laptop. It's pretty easy on a PC. I've never done it on a MAC.

Like someone else mentioned, use a long ethernet cable to rule out the WIFI.
by FloRidaRocky
Wed Feb 01, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Spendthrift Daughter
Replies: 44
Views: 4156

Re: Spendthrift Daughter

Wow. What a slap in the face... If there is no rift in the family now, it will certainly cause one. I would think it would only cause a rift between the daughter and deceased father. I'm kind of in the same boat, only I am single, no kids and I have a couple spend thrift sisters that I don't want t...
by FloRidaRocky
Wed Jan 18, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a house?
Replies: 29
Views: 3856

Re: How much to spend on a house?

Remember the mortgage deduction makes its after-tax interest rate effectively lower. I think people over value the mortgage interest deduction. If you aren't already itemizing, you have to give up the standard deduction. For a married couple, that's $12,600. So, you have to have at least $12,600 in...
by FloRidaRocky
Wed Oct 26, 2016 12:12 pm
Forum: Personal Consumer Issues
Topic: Custom suit in Thailand (Bangkok or Phuket) or Hong Kong?
Replies: 15
Views: 2420

Re: Custom suit in Thailand (Bangkok or Phuket) or Hong Kong?

If you do buy a tailor made suit in another country you are visiting, don't pick it up the last day you are there. Give yourself plenty of time to try it on, inspect it, and have more alterations done if needed.