Search found 62 matches

by SeaToTheBay
Fri Feb 16, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 81
Views: 5454

Re: Honda vs. Toyota: Which has more bang for the buck?

The problem is finding an Accord to rent. Toyota and others inflate their sales numbers by selling to fleets. Honda generally doesn't and I have yet to see an Accord rental car. You could probably rent one from a Honda dealer. Or a car sharing service (similar to airbnb) like turo. There are many p...
by SeaToTheBay
Fri Feb 16, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 81
Views: 5454

Re: Honda vs. Toyota: Which has more bang for the buck?

for 2018, camry is rated top safety pick+. no honda got that rating. http://www.iihs.org/iihs/ratings/TSP-List To be fair, the only reason the Accord missed out on the "+" (it is a Top Safety Pick) is because its headlights got an "Acceptable" rating rather than "Good" (Acceptable is the next step ...
by SeaToTheBay
Thu Feb 15, 2018 8:11 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 13940

Re: For BHs who actually like cars - [what car do you drive every day?]

It's funny how so many bogleheads will fight tooth and nail to pay say .25% less in fees on retirement funds but have no problem buying an expensive car. Not a criticism but an interesting observation. Hey, those fees add up over time! Whatever I spend money on, I like to see value out of it whethe...
by SeaToTheBay
Thu Feb 15, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Used car - warranty or no?
Replies: 24
Views: 808

Re: Used car - warranty or no?

Excuse my ignorance but what is the difference between a warranty and CPO? CPO = offered by the manufacturer. For instance, the dealer will take a lightly-used car (often a lease return) that is in good shape (not all cars can qualify for CPO), do a thorough inspection and get it certified by the m...
by SeaToTheBay
Thu Feb 15, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 13940

Re: For BHs who actually like cars - [what car do you drive every day?]

Trust me it doesn't. I considered something boring for my miserable commute in LA traffic with a 14mph average speed. Even with that, I needed something with a little character so I ended up with a BMW 530 as my daily and even that car i feel is too bland. Every once in a while I drive my 98 M3 to ...
by SeaToTheBay
Thu Feb 15, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Used car - warranty or no?
Replies: 24
Views: 808

Re: Used car - warranty or no?

CPO is a great deal. You get a car that's a couple of years old (likely to even be the same bodystyle/generation as new), thereby avoiding the steepest part of the depreciation curve, but also get an inspected car and a warranty that's about as long as it would have been if you bought new (they typi...
by SeaToTheBay
Wed Feb 14, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick
Replies: 14
Views: 885

Re: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick

^^ What he said. You should look at a CR-V. Same class as the RAV4 and should be more fun to drive.
by SeaToTheBay
Tue Feb 13, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Toothpaste
Replies: 22
Views: 2055

Re: Costco Kirkland Brand Toothpaste

They used to have a Kirkland brand of Sensodyne too that I liked using. Looks like that is discontinued also. That is the one thing I don't like about Costco, they discontinue items seemingly at a whim. I'm sure they have their reasons but there are no explanations to the customers. The item I miss...
by SeaToTheBay
Tue Feb 13, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7268

Re: What big item (>20k) are you saving up for?

This is the first year where we'll be saving a lot in taxable rather than paying off debt. We are only 33 and no kids yet, so the big items we're saving up for are: -Expenses if/when wife's grandmother (who only speaks Bulgarian) starts needing more care - this is the big wild card -Eventual/potenti...
by SeaToTheBay
Tue Feb 13, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Toothpaste
Replies: 22
Views: 2055

Re: Costco Kirkland Brand Toothpaste

Here is a 6 pack on Ebay for $300 :shock: https://www.ebay.com/itm/Kirkland-Signature-Fresh-Mint-Fluoride-Pro-Complete-Plus-Whitening-Toothpaste/112501217487?epid=1901100016&hash=item1a319858cf:g:Gf0AAOSwevdaJQQj I have a few tubes sitting around since I switched to Sensodyne. I was just going to s...
by SeaToTheBay
Fri Feb 09, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 13940

Re: For BHs who actually like cars - [what car do you drive every day?]

eengstro wrote:
Thu Feb 08, 2018 7:45 pm
2010 BMW 328i Sport Wagon with the M Sport package and 6MT. I bought it CPO in 2012 with 19k miles; it's now at 96k miles and going strong. It's a great combination of a driver's car and something that can move a drum set. 8-)
That's a hard car to find - nice!
by SeaToTheBay
Tue Feb 06, 2018 7:45 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 13940

Re: For BHs who actually like cars - [what car do you drive every day?]

2011 BMW M3 sedan. White/red, manual, Competition Pkg, no sunroof and manual seats - a bit of a unicorn :) Love it dearly and wouldn't really want any other sedan over it, at any price. Bought it with the proceeds from sale of an '01 BMW M5 (made $5,240 after putting on 29k miles over 6.5 years) and...
by SeaToTheBay
Thu Jan 11, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: How do you define middle class? Which class do you consider yourself in?
Replies: 23
Views: 2246

Re: How do you define middle class? Which class do you consider yourself in?

To me, "upper-middle class" makes up a lot of people. These people can probably afford several nice things, vacation a couple times a year, pursue an expensive hobby, etc., but have to work for a living and cannot just buy expensive stuff without it substantially affecting their overall financial pi...
by SeaToTheBay
Mon Jan 08, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Private vs. Federal Student Loans?
Replies: 8
Views: 370

Re: Private vs. Federal Student Loans?

Some federal loans are subsidized in that they do not accrue interest while you are in school. Other than that, they worked the same when I went to grad school. For me though, the main difference was the rate. I had 6.8% and 7.9% fixed "subsidized" federal loans and an adjustable-rate private loan t...
by SeaToTheBay
Thu Jan 04, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: [How to determine budget for toys/luxuries?]
Replies: 41
Views: 2780

Re: [How to determine budget for toys/luxuries?]

I am a huge car nut, and my wife recently proposed starting a "fun car fund." We are doing great on saving and are now accumulating cash, so she thought why not start an allocation that I could spend on something I am passionate about? The way I decided to fund this budget is as a percentage of my a...
by SeaToTheBay
Wed Jan 03, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 719
Views: 188468

Re: Share your net worth progression

2006: 47k. Graduated college, bought condo 50/50 with parents (bad timing, good location - still have it and renting out). Had saved all money from birthdays, Christmas, etc. since I was 5, mutual fund since 10, usually $300/mo from HS/college side jobs into a Roth IRA. My parents set me up well wi...
by SeaToTheBay
Tue Dec 12, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 4024

Re: best cashback credit card ?

The costco card is 4% on gas, 3% on travel, 3% on restaurants. The Amex Blue cash is 3% on groceries. (Or 5% if you pay an annual fee) A combination of those two cards plus the double cash for everything else, is what I do. I do the Costco card, the Citi Double Cash, and have a Chase Freedom card (...
by SeaToTheBay
Wed Dec 06, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 6211

Re: Mortgage as percentage of take-home pay

As others have said, it's too dependent on other factors to use a one-size-fits-all percentage. 25% sounds like a decent limit, but it shouldn't be the same for a 40-year-old couple with five kids as it is for a single 25-year-old with a roommate. Another thing I hate about ANY percentage of income ...
by SeaToTheBay
Wed Dec 06, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Timing the housing market
Replies: 35
Views: 2653

Re: Timing the housing market

There's no guarantee that when the market softens, it will soften below the current price. When I moved to the Bay Area in 2011, the prices seemed excessive and we seemed due for a correction. That correction still hasn't come, and home prices now are 70% higher than they were in 2011. It would tak...
by SeaToTheBay
Mon Nov 20, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14935

Re: Dave Ramsey says don't use credit cards, even if you pay them off

One point I'll add (pro-CC) is that credit cards allow me to review my purchases each month, so the "pain" actually hits me twice as I see, "oh yeah, I bought that plane ticket, which really jacked up my expenses this month" even if I've already taken the flight. I understand many/most people won't ...
by SeaToTheBay
Fri Nov 17, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 4483

Re: Help with Understanding How to Handle Bonus

oktax wrote:
Thu Nov 16, 2017 10:01 pm
These are older loans at 6.5% (the one we just paid off was at 7.5%--yikes!), so we just want to get rid of them.
I would:
1. Contribute what you are allowed to a Roth. If your income increases next year you may not be able to anymore.
2. Use the rest to pay down the loans.
by SeaToTheBay
Thu Nov 16, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 4483

Re: Help with Understanding How to Handle Bonus

No one has asked what the interest rate is on your student loans. Kind of important to make an informed decision. Also would be helpful to know if your income allows for the interest to be tax-deductible, reducing your "real" interest rate. If the interest rate is low, I'd shift the bonus toward ret...
by SeaToTheBay
Thu Nov 16, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Pile of Cash - What to do
Replies: 25
Views: 3165

Re: Pile of Cash - What to do

I have a few bookmarked articles from the start of 2016 saying the market is way overvalued, especially when markets corrected around then. It's a good thing I didn't listen. This morning I'm reading several articles saying tax reform is NOT priced in, and we have a long way to go given good corpora...
by SeaToTheBay
Thu Nov 09, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: What's the most "interesting" job in corporate finance?
Replies: 30
Views: 3276

Re: What's the most "interesting" job in corporate finance?

Conversely, banks lend money in good times and bad, to everyone. I’m pretty sure that wasnt the case 2008-10. Perhaps I should clarify my statement - there is even more maintenance/due diligence to do on loans already outstanding during tough economic times. While new loan activity declines, that d...
by SeaToTheBay
Wed Nov 08, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: What's the most "interesting" job in corporate finance?
Replies: 30
Views: 3276

Re: What's the most "interesting" job in corporate finance?

I did FP&A (budgeting for a large insurance company) for 5yrs before going to FT MBA. Had planned to go back into corporate finance but veered into commercial banking (making loans to companies), which I like better for the following reasons (my wife is in corporate finance still, in high-tech): 1. ...
by SeaToTheBay
Mon Nov 06, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting with significant other
Replies: 26
Views: 2415

Re: Budgeting with significant other

Have only been married for 26 months, but we essentially consider everything shared. She lets me run with most of the finances as "CFO", but I run major decisions by her. The only exception is we do have about half of our paychecks deposited into our "personal" accounts. This is pretty much solely f...
by SeaToTheBay
Wed Oct 18, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 5657

Re: Best way to make some dollars on a 10 day vacation?

I echo others saying to find ways to enjoy yourself or invest in yourself. Or make friends or go on dates since you are alone! You're talking about adding income while you work for less than 3% of one year. That's not going to make a big difference. Also keep in mind that if you're making ~$100/day,...
by SeaToTheBay
Tue Oct 10, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest thing you ever heard of to save money
Replies: 34
Views: 2997

Re: Cheapest thing you ever heard of to save money

When I worked in budgeting for a megacorp, my boss started an official contest to see which office floor could use the fewest paper towels in the bathroom, and the winning floor would get a pizza party. Aside from the pizza likely costing more than whatever paper towels were saved, I shuddered at th...
by SeaToTheBay
Tue Oct 10, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: 2 Comma Club and Other Goals Reached!
Replies: 19
Views: 4109

2 Comma Club and Other Goals Reached!

Considered and reconsidered whether to post or not, but I figured I won't reach a milestone quite like this maybe ever again, and maybe I can share some things that have helped. Wife and I hit the 2 comma club last Friday, and yesterday hit the half-million mark for $ (no real estate). Yes, RE is ne...
by SeaToTheBay
Fri Oct 06, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 16423

Re: Bay Area Real Estate

Also, while the climate *is* pretty nice in SoCal, I'm don't think it's so compelling in the Bay Area. You don't get a long, warm beach season like you do in SoCal or various more easterly parts of the US, nor close proximity to skiing. To me (and again, I'm no expert, and haven't been to San Jose ...
by SeaToTheBay
Thu Oct 05, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 16423

Re: Bay Area Real Estate

+1. I've been reading BH for years and have seen many Bay Area real estate posts over the years. In them, you will find sound and sage advice from many well-meaning BHers recommending you to NOT buy a home here. And yet, considering the appreciation over the last few years, I would think that almos...
by SeaToTheBay
Mon Oct 02, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 16423

Re: Bay Area Real Estate

It's important to note that tech today is not tech in 2001 with the dot-com bubble. I'm not saying there aren't outrageously valued startups based on dubious ideas, but the largest employers are not going anywhere. They may have layoffs here and there, and some older companies may stagnate, but the ...
by SeaToTheBay
Wed Sep 27, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6584

Re: My Smartest Financial Moves

1. Saving every dime of bday/Christmas money since I was 5 (this one thanks to my parents... I was "paying myself first" before 1st grade!!) 2. Opening a mutual fund at age 10 (again, thanks to my parents, although I picked the fund :happy ) 3. Contributing $200-300/mo into a Roth since age 16 (AGAI...
by SeaToTheBay
Wed Sep 27, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 124
Views: 17480

Re: My boneheaded financial mistakes

I'm 33. Have generally been pretty good, but did make some pretty dumb mistakes along the way. 1. Had to sell - on margin - a pharma stock that I had been up 60% on when it crashed. Also rode another nat gas MLP nearly into bankruptcy (got out just before, but took a big loss). Ironically, I re-boug...
by SeaToTheBay
Tue Sep 12, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much does my commute cost me?
Replies: 15
Views: 2059

Re: How much does my commute cost me?

We have this same debate in the Bay Area with my wife's work offering a shuttle. Shorter commute (30mi round trip) but a more expensive, less-efficient car (2013 Mercedes C350). People have the right idea here with the misc. costs - estimate the cost of consumables like oil, tires, brakes, etc. and ...
by SeaToTheBay
Tue Sep 12, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 11097

Re: When calculating net worth, how do you value your house?

I average Zillow and Redfin (both actually seem fairly accurate given the comps here), then subtract the principal owed on our mortgage.
by SeaToTheBay
Tue Sep 05, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Down Debt with Bonus?
Replies: 16
Views: 1809

Re: Paying Down Debt with Bonus?

I would ensure you have an emergency fund in case things don't work out, and then use whatever is left to pay down the loan. I graduated MBA with $110k in debt - paid off my 8% federal "subsidized" loan with my signing bonus and relocation bonus as soon as I started work, then spent the next four ye...
by SeaToTheBay
Thu Aug 24, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Rental car in Spain
Replies: 14
Views: 747

Re: Rental car in Spain

Should be fine. In Portugal a couple of months ago I got the smallest car I could find. Helps gas mileage, maneuvering tight streets, and parking, and not much less comfortable.
by SeaToTheBay
Mon Aug 14, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: What % of income to buy a car is not excessive?
Replies: 48
Views: 4050

Re: What % of income to buy a car is not excessive?

Runner, I understand your sentiment and it is very prudent to be within that limit. But... The median new car (26K) costs about 50% of the median annual household income(52K). Even with the 3 mo ( 25% of annual) income the median household can not afford a median car or even any new car. ( I am not...
by SeaToTheBay
Thu Aug 10, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 7717

Re: Struggling with Justifying an Expensive Car Purchase

$70,000 for a car is absurd. How much do you spend on toothbrushes? I would be happy to sell you one for $100. As long as you do not expect it to get your teeth any cleaner. Again with the "absurd" comment. He admits $70k on a car is a luxury. We get that a $7k car will get from Point A to Point B ...
by SeaToTheBay
Thu Aug 10, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 7717

Re: Struggling with Justifying an Expensive Car Purchase

My main concern with the cheaper option is that I'll get tired of it and feel like I got something I didn't love solely because it was cheaper. The thing is, if this happens, you can still sell the cheaper car at a relatively smaller depreciation loss and upgrade to the newer, nicer car (which by t...
by SeaToTheBay
Thu Aug 10, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 7717

Re: Struggling with Justifying an Expensive Car Purchase

Cars come off lease at 3, 4 and 5 years. Get one used. $35,000 is a huge amount of money to pay for a car. $70,000 is absurd. While nobody really needs a $70k car, it is not "absurd" and not our place to judge one's purchasing decisions. Some might think a $700k vacation home, a $7k vacation, or a ...
by SeaToTheBay
Thu Aug 10, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 7717

Re: Struggling with Justifying an Expensive Car Purchase

I'm a huge car guy, but I'm a little confused why you have only two options, one of which is twice the cost of the other (which itself is already not cheap). Can you tell us what the cars in question are? Can you buy the $70k "want" car a year or two used for a price that's in between the two? There...
by SeaToTheBay
Mon Aug 07, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Townhome or condo?
Replies: 29
Views: 2581

Re: Townhome or condo?

My understanding is that the HOA should not increase a lot. My reasoning : 1. No Swimming pool/ Gym in the community. 2. No elevators 3. No huge park. There is a municipal park planned close to the neighborhood . 4. All they will maintain is the common areas What will the reason for the increase in...
by SeaToTheBay
Thu Aug 03, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: How far off are Zillow's estimates?
Replies: 82
Views: 8779

Re: How far off are Zillow's estimates?

I also find Redfin to be more realistic and stable. We have two properties and Redfin is a bit lower than Zillow on both, but I think closer to what we could actually get if we sold. And changes are more gradual vs. the up and down bigger fluctuations of Zillow. In my personal NW analysis, I just av...
by SeaToTheBay
Tue Jul 25, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 15082

Re: Another bay area housing thread..

I've mentioned this in another thread, but we bought in Milpitas. Halfway decent commute to many tech jobs (wife is 45-50min to Mountain View, I'm 20min to downtown SJ), good schools, low crime. Can get a decent SFH for $1M or a very nice new townhouse, and the BART station will be up and running in...
by SeaToTheBay
Mon Jul 17, 2017 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 4081

Re: Looking for a house around San Jose, CA

Look in Milpitas - that's where we bought a new townhouse last fall. $600-800k will get you either an older SFH or a newer 2bd condo/townhouse, or even a 3-bd if you stretch a little. Good schools and pretty safe neighborhood, not to mention the new BART station coming in December. Milpitas is infam...
by SeaToTheBay
Thu Jul 13, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 12582

Re: Do you count vehicle equity in net worth?

I am a unique case. I am a die-hard car nut, and try to buy used cars at or near the bottom of their depreciation curve. However, I am disciplined as car nuts go, and am only on my 4th car after driving for 17 years. Since I buy cars that depreciate very little (out of the 3 cars I have ever sold, t...
by SeaToTheBay
Wed Jul 12, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Benefits of real estate agent for buying new construction?
Replies: 25
Views: 1799

Re: Benefits of real estate agent for buying new construction?

In my area, a builder only pays the real estate agent if (s)he accompanies the buyer on the very first visit. So, if you show up at a new construction site for the first time without an agent, the builder is under no obligation to pay the agent who shows up subsequent to the first visit. I had the ...
by SeaToTheBay
Mon Jul 10, 2017 11:54 am
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 6599

Re: 100k milestone

I hit it at 25, but then briefly fell back below at 29 when I went to grad school full time. Since then it has taken off. :happy