Search found 57 matches

by Lynx310650
Wed Nov 14, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: Dumb question about bedding and comforters
Replies: 20
Views: 1542

Re: Dumb question about bedding and comforters

Thanks, the consensus seems to be to get a cover. Funny thing is basically all the covers I'm seeing cost more than the cheapie comforter I just purchased. :D
by Lynx310650
Wed Nov 14, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Dumb question about bedding and comforters
Replies: 20
Views: 1542

Dumb question about bedding and comforters

Needed a new winter blanket. Purchased a cheap down alternative comforter (says 100% polyester fill and cover). It's machine washable. Do I need to get a separate cover for this thing? I've seen what basically look like pillowcases for comforters (duvet covers?). Or since it's down alternative and m...
by Lynx310650
Fri Sep 14, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Any issue with overpaying taxes?
Replies: 23
Views: 1696

Re: Any issue with overpaying taxes?

delamer wrote:
Fri Sep 14, 2018 4:43 pm
If you know that she paid at least $.50 per share, why not use that rather thsn $0?
DOH! That actually sounds like a really good idea, thanks.
by Lynx310650
Fri Sep 14, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Any issue with overpaying taxes?
Replies: 23
Views: 1696

Any issue with overpaying taxes?

I'm guessing not. :D But I just wanted to double check. My wife has some shares of an old employer she bought after exercising options a long time ago. There were several batches, but she purchased for anywhere from $0.50 to $1.25. She's thinking of unloading some of her shares this year. I went thr...
by Lynx310650
Fri Jun 22, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Can you change HSA contributions throughout year?
Replies: 4
Views: 600

Can you change HSA contributions throughout year?

During open enrollment last year, I chose the amount I wanted going into HSA as a payroll deduction. I did less than the maximum. I now want to up this amount so that I contribute the maximum to my HSA this year. Are you allowed to change the amount going into an HSA throughout the year (like you wo...
by Lynx310650
Mon May 14, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 150
Views: 13689

Re: New(ish) attending physicians in the Bay Area: Housing

Most of my tech guys who are in bay area for past 15+ years make less than 200k single and 300k when both working.. I see more $$ in tri-state compared to bay area. Something is really up there.. The job market and salaries just didn't double since 2013.. But house prices did. Constrained supply ha...
by Lynx310650
Tue Apr 17, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: HSA in California : VTAPX or VIPIX
Replies: 0
Views: 635

HSA in California : VTAPX or VIPIX

Right now my HSA is in a default FDIC insured account of some sort that has a paltry 0.05% interest. I want to get a bit more return on it. However, I don't want to fully invest it. My desire for the HSA is to use it as a medical emergency fund. Small everyday medical expenses, I will pay outside th...
by Lynx310650
Mon Apr 16, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: What are the decisions that go into buying a home?
Replies: 3
Views: 470

Re: What are the decisions that go into buying a home?

You sound a lot like us. We are renters in the Bay Area. Our delta between what we pay in rent and market is not as high as you, but our landlord does keep it lower than market, which is a bonus. I guess you can still get a SFH for $1M in certain areas, but I think they are starting to get higher in...
by Lynx310650
Fri Apr 13, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 15015

Re: Work Commute: How far is too far?

Another interesting anecdotal data point I'll add. My spouse had a job with about a 1 hour driving commute each way. They let her work from home up to 3 days a week. So her total commute time per week could be just 4 hours. We later moved closer to her job, her commute became 30 minutes each way. Sh...
by Lynx310650
Fri Apr 13, 2018 11:32 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 15015

Re: Work Commute: How far is too far?

1 hour each way consistently seems to be the magic number for me, no matter what form the commute takes. I've had commutes of that duration in free flowing traffic, bumper-to-bumper traffic, and public transit. 1 hour was tolerable. I had a commute in a mix of free flowing and bumper-to-bumper that ...
by Lynx310650
Thu Apr 12, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 12132

Re: Mid-40s in tech - how to pass off as acceptably young

DH (early 40s) is in tech, and looks like a guy in his late 30s/early 40s. What's helped is that he's rather new to tech (finished degree at 39), and so his degree year makes him look fresher, and he's very, very good with soft skills which is helping him get promoted quickly. His plan is to work t...
by Lynx310650
Wed Apr 11, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Help me choose a top law school!
Replies: 65
Views: 6661

Re: Help me choose a top law school!

Sure you will get a lot of good suggestions. But as you say, based on your criteria, I'd go UVA.
by Lynx310650
Wed Apr 11, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want to sell house to save their business
Replies: 14
Views: 1916

Re: Parents want to sell house to save their business

Just curious what type of business? Sorry, if it is there and I missed it. It sounds like they have been at it for quite a while and made it work for near 20 years. They hit a rough patch in the last three years per the OP post. 1) Is it a dying type of business that they should just exit due to te...
by Lynx310650
Tue Apr 10, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want to sell house to save their business
Replies: 14
Views: 1916

Re: Parents want to sell house to save their business

I don’t in any way doubt what you have posted, but there is one thing that doesn’t make sense. If they are only making enough from the business to keep it running, then how were they able to refinance their mortgage? Is there any chance they are exaggerating their financial distress? This is a good...
by Lynx310650
Tue Apr 10, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want to sell house to save their business
Replies: 14
Views: 1916

Re: Parents want to sell house to save their business

Are they both working full time to lose money? No more money as gifts. Selling the house is bad as they are going to need that money to supplement their SS. They could both work part time and get an actual paycheck. Sell it as More Time + More Money. They need to close this sinking business. Is the...
by Lynx310650
Tue Apr 10, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want to sell house to save their business
Replies: 14
Views: 1916

Parents want to sell house to save their business

I posted about this specific issue last year in which I got some good advice. The brief summary is that my parents have been running a small business for about 20 years. They had some decent years early on, but since about 2014-2015 they've been running at a small loss. And the trend seems to be dow...
by Lynx310650
Sun Apr 08, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: Thin/light but warm blanket for California winters?
Replies: 16
Views: 1055

Re: Thin/light but warm blanket for California winters?

SF Bay Area, so it doesn't get super cold during winters. For the last 10 years we've been supplementing our summer blanket with this faux-mink blanket my Asian in-laws got us 10 years ago (supposedly quite popular in some Asian countries?) that is super warm. But it's starting to fray and also was...
by Lynx310650
Sun Apr 08, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 9630

Re: Regrets of the frugal and dying?

Usually dying people talk more about relationships than financial matters as far as regrets. +1 Any generalizations that can be made on this front, in terms of what they regret? Dying people talk more about relationships that were very good or very bad? Wish they had tried harder to maintain a rela...
by Lynx310650
Sun Apr 08, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: Thin/light but warm blanket for California winters?
Replies: 16
Views: 1055

Re: Thin/light but warm blanket for California winters?

Have you tried cotton blankets? Easy to launder, and available in all the standard sizes. I have a fleece blanket which is quite warm and light. I doubt it will hold up to more than a couple launderings. I got this as a gift, but I don't think these come in all the standard sizings. Actually our no...
by Lynx310650
Sun Apr 08, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: Thin/light but warm blanket for California winters?
Replies: 16
Views: 1055

Thin/light but warm blanket for California winters?

SF Bay Area, so it doesn't get super cold during winters. For the last 10 years we've been supplementing our summer blanket with this faux-mink blanket my Asian in-laws got us 10 years ago (supposedly quite popular in some Asian countries?) that is super warm. But it's starting to fray and also was ...
by Lynx310650
Sun Apr 08, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 5460

Re: New Lexus LS or Tesla Model S

Lexus LS is my dream car, so I'm a bit biased here.
by Lynx310650
Sun Apr 08, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 9630

Regrets of the frugal and dying?

Hopefully not too morbid of a subject. But to those that may have had the experience of being around and talking to the dying, have they ever expressed a regret that involved frugality and not spending money on something? And if so, what? I would imagine it would mostly be experiential (like not pay...
by Lynx310650
Sat Apr 07, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 15211

Re: What is your AA, given your age? and, Why?

Mid to late 30s, 50/50.

We are and always have been on the risk adverse side. We like the simple math. And we plan on sticking to a simple 50/50 until death instead of gliding down further.
by Lynx310650
Fri Apr 06, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 40
Views: 5020

Re: Permanent DINK couples - Considerations, thoughts, etc?

Thank you everyone. As usual, very informative and thoughtful responses. Like many responses, I'd say our main (and maybe only) concern specific to not having children is the issue of care when we get older. We are somewhat lucky in the regard that we both are the eldest sibling and have some younge...
by Lynx310650
Thu Apr 05, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: VHCOL Home Buying Advice (Bay Area, where else?)
Replies: 65
Views: 6081

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

b) Keep renting: This is the fallback plan, but my fear here is that home price appreciation will continue unabated, faster than my savings rate. Just an impression; I haven't done the math or collected data. Obviously, the opposite could be true. I...have no idea. There are homes here where the pu...
by Lynx310650
Thu Apr 05, 2018 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 40
Views: 5020

Re: Permanent DINK couples - Considerations, thoughts, etc?

DINK here. The most interesting thing we consider as we age is how to die broke (IE, how to use as much of our money as we want while we're still alive - this includes being generous with others). The current plan is for increasing annuitization as we move through retirement, but there are a lot of...
by Lynx310650
Thu Apr 05, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 40
Views: 5020

Permanent DINK couples - Considerations, thoughts, etc?

Married, approaching 40, will not have children. Was wondering if there were other BHs in the same situation and what (if anything) you may be doing that might be slightly (or very) different to general financial advice? A couple of things off the top of my head: Emergency fund: With each person mak...
by Lynx310650
Wed Mar 28, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Los Angeles Condo Purchase Advice
Replies: 53
Views: 4420

Re: Los Angeles Condo Purchase Advice

I'd be a little nervous about the condo market in these hot coastal CA cities. I'm in the Bay Area, and I do get the impression slowly but surely pro-development forces are starting to win out over NIMBYs. There seems to be more development coming online, but they ALL seem to be condos or townhome s...
by Lynx310650
Tue Mar 27, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: Not going to be buying chicken for a while...
Replies: 65
Views: 11669

Re: Not going to be buying chicken for a while...

Interesting article, thank you. My partner does all the grocery shopping, so I'll have to ask their opinion. We only buy chicken at Whole Foods, but I feel like I've noticed a difference in taste/texture between the two varieties of breast she buys (depending on which is cheaper (relatively!) that w...
by Lynx310650
Wed Mar 14, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: 401K: Guaranteed 9.3% Return?
Replies: 43
Views: 6518

401K: Guaranteed 9.3% Return?

I live in California, and I max 401ks for me and spouse. Every dollar that goes in would be taxed at 9.3% for California income tax purposes. To me this is a huge reason why I try to max 401k. If I were to choose to retire in a state without income tax, or even a lower bracket, it seems like that's ...
by Lynx310650
Thu Mar 08, 2018 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA all in cash: Strategies, thoughts, concerns, etc.
Replies: 6
Views: 635

Re: Roth IRA all in cash: Strategies, thoughts, concerns, etc.

Personally, I'd flip the allocations, as I'd want to have the equities in the Roth IRA and then pay taxes on the gains on the CDs in the 401k. +1. May want to show your wife the value of cash plot over the last 100 years. Another strategy to consider if you really need to withdraw from the Roth is ...
by Lynx310650
Thu Mar 08, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA all in cash: Strategies, thoughts, concerns, etc.
Replies: 6
Views: 635

Roth IRA all in cash: Strategies, thoughts, concerns, etc.

My spouse is quite risk adverse in terms of investments and has the philosophy that there is no such thing as too much cash. I personally would prefer to hold as little cash as possible and invest in stocks/bonds. A compromise we reached early on was to put all our Roth IRA funds into cash. We have ...
by Lynx310650
Fri Feb 09, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Allegedly worst week since 2008: Time to revisit AA?
Replies: 10
Views: 1385

Allegedly worst week since 2008: Time to revisit AA?

We are in mid 30s but have a 50/50 AA due to being pretty risk adverse and just for easy math. So far it's been working for us, but recent stock downturn has us thinking. I just read this could be the worst week since 2008. Back then we did have money in the market, but our net worth overall was neg...
by Lynx310650
Thu Feb 08, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: In a rising rate environment, do banks offer incentives for early pay off?
Replies: 12
Views: 1581

In a rising rate environment, do banks offer incentives for early pay off?

Totally curious. In the past, when we've been in a rising rate environment, have banks ever tried to offer holders of low interest rate loans (whether it be home, car, student, etc) "incentives" (such as a lower pay off balance) to get them to pay off the loans? I am guessing no, but was curious abo...
by Lynx310650
Mon Jan 29, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Nondividend Distribution exceeding cost basis
Replies: 1
Views: 209

Nondividend Distribution exceeding cost basis

Brief background: My spouse, pursuant to an ISO plan, purchased some shares of the company she used to work for. This was done around 2005. About 5 years ago, she sold about 3/4 of the shares she owned, and taxes were paid. The company last year issued a nondividend distribution. The amount far exce...
by Lynx310650
Thu Jan 25, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential
Replies: 31
Views: 3766

Re: Almost 34 years old... Looking for Career Ideas with realistic High Earning Potential

So I'm going to present an arguably more pessimistic view, of course this is just my opinion. And I have come to this opinion after a lot of deep reflection on my own life. I am around your age, also in a career/job I hate and have been exploring ways out. I think at this age it's a little late to b...
by Lynx310650
Mon Jan 22, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: Pros and Cons of High Rise Condos for retired couple
Replies: 47
Views: 5884

Re: Pros and Cons of High Rise Condos for retired couple

BTW, did they consider moving to San Jose instead of SF? Cheaper real estate, half the crime rate, and restaurants that are nearly as good. Actually yes! I believe there were 4 or so high rise condos built in the latter part of the last decade, and supposedly more are on their way? And with Google ...
by Lynx310650
Sat Jan 20, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Pros and Cons of High Rise Condos for retired couple
Replies: 47
Views: 5884

Pros and Cons of High Rise Condos for retired couple

We had dinner with the in-laws last night. They said they are planning on moving, and wanted to seek our opinion. I don't know their finances in details, but the broad strokes are that they are retired in their late 50s, high 5 figure (I think around 80k) annual COLA pension, healthcare provided by ...
by Lynx310650
Fri Jan 12, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 5803

Re: Almost a pathological fear of debt, to my detriment?

Do you have a mortgage? That is probably the biggest way you can safely leverage debt. Unless you plan to go back to college, anything else is too short term and likely high interest, so using debt to invest could easily backfire. I would just enjoy the debt free lifestyle. Sure, you could churn 0%...
by Lynx310650
Fri Jan 12, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 5803

Almost a pathological fear of debt, to my detriment?

I just cannot stand debt, even when it's arguably to my benefit to hold on to it because of low interest. Last year I paid off my spouse's $15000 student loan balance even though the interest rate was around 1.5%. I tried to hold a balance on my 0% intro APR credit cards, but hated seeing a balance ...
by Lynx310650
Wed Jan 10, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Input/Thoughts Needed: Education/Career Path - Crucial Life Point
Replies: 14
Views: 1176

Re: Input/Thoughts Needed: Education/Career Path - Crucial Life Point

I am sorry if you mentioned this in your OP (it was quite long but I did try to read it as carefully as possible!). Any reason you don't want to try your hand at making a living through live poker? Also IIRC online poker is legal in Nevada now. So any chance you can move to Vegas, go back to playing...
by Lynx310650
Sat Jan 06, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Shall I buy a one B/B apt in Bay Area? Help needed, please.
Replies: 18
Views: 1838

Re: Shall I buy a one B/B apt in Bay Area? Help needed, please.

I am not sure if you have enough money. 50k in cash would be a 20% DP on a 250k home. You cannot get even a 1br condo in the Bay Area for that much. Generally it's going to be double that. Without being able to come it with at least 20% down, I'm not sure your offer will be competitive enough to win...
by Lynx310650
Sat Dec 30, 2017 11:25 pm
Forum: Investing - Theory, News & General
Topic: Paying off mortgage before investing at all?
Replies: 75
Views: 8875

Re: Paying off mortgage before investing at all?

Surprisingly have not seen this mentioned yet, so hopefully I am not incorrect or maybe it's not that important of a factor. But I believe generally 401ks have very good protection from creditors. I believe you can protect the entire amount in bankruptcy or if some judgment is entered against you be...
by Lynx310650
Mon Dec 25, 2017 1:45 am
Forum: Personal Finance (Not Investing)
Topic: car thread- too much money?
Replies: 85
Views: 7946

Re: car thread- too much money?

With your income you should be fine. IF you are concerned and don't want to buy used, I'd consider going a bit cheaper in cost. You are looking at $67k combined for the 2 cars. I'd consider maybe a Toyota RAV-4 / Honda Accord base model combination or the like, you might be able to come in at about ...
by Lynx310650
Thu Dec 14, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Utilizing Intro 0% APR Credit Card offers the right way
Replies: 9
Views: 808

Re: Utilizing Intro 0% APR Credit Card offers the right way

Are there very many that don't have a 3% up front fee? Last time I checked (about 12 months ago), there was only one I found without the fee and it had the shortest 0% interest period (12 months). All of the others I found (with anywhere from 12 months to 24 months 0% apr) included a transfer fee. ...
by Lynx310650
Thu Dec 14, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Utilizing Intro 0% APR Credit Card offers the right way
Replies: 9
Views: 808

Utilizing Intro 0% APR Credit Card offers the right way

I've been playing the CC churning game to some good success lately, and the impact on my credit score has been minimal. Some of these cards come with 0% APR offers on purchases. I never carry balances on credit cards, but this seems to be a good way to at least make some extra couple of bucks in int...
by Lynx310650
Wed Dec 13, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: To buy or not in the SF Bay Area (yes another one)
Replies: 24
Views: 3178

To buy or not in the SF Bay Area (yes another one)

Our current living situation is a 1 bedroom condo rental. Our landlord is terrific, uses a management company that handles all our issues within 24-48 hours. Our rent is kept about 5-10% below what surrounding "market" rent would be. The best thing is my spouse and I both are within walking distance...
by Lynx310650
Fri Dec 01, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 11571

Re: Which crash have you seen it before it is coming?

Housing crash of 2008. I was a student then with a negative net worth, so I wasn't in a position to profit from it (I wouldn't have known how anyways) nor was I exposed since I didn't own a home or have money in the stock market. I mean maybe this is just hindsight is 20/20 or I hung out with a lot ...
by Lynx310650
Mon Nov 13, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Actually might have "enough", thinking of suspending retirement savings in favor of saving for down payment
Replies: 36
Views: 3930

Re: Actually might have "enough", thinking of suspending retirement savings in favor of saving for down payment

Just so I am clear, your currents savings, excluding a very healthy emergency fund, will meet your future needs beginning at age 60 assuming a 2% real return, and you have a 25% buffer built in? Yes, this is the more concise way to put it, thanks. My personal preference on how to go about this woul...
by Lynx310650
Mon Nov 13, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Actually might have "enough", thinking of suspending retirement savings in favor of saving for down payment
Replies: 36
Views: 3930

Re: Actually might have "enough", thinking of suspending retirement savings in favor of saving for down payment

Just so I am clear, your currents savings, excluding a very healthy emergency fund, will meet your future needs beginning at age 60 assuming a 2% real return, and you have a 25% buffer built in? Yes, this is the more concise way to put it, thanks. My personal preference on how to go about this woul...