Search found 215 matches

by novemberrain
Wed Oct 23, 2019 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10292

Re: What percent of net worth should a persons house be?

When I am retired, I would like my paid off home value to represent less than 15 to 25% of my net worth. But I am still young and living in VHCOL area (Bay Area). At this point of my life, 15-25% is very difficult.
by novemberrain
Wed Oct 23, 2019 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Where can I find 2019 CA Income Tax Rates
Replies: 6
Views: 917

Re: Where can I find 2019 CA Income Tax Rates

The spend-happy government in CA will like to keep it a secret till the last minute so that taxpayers will feel angry for that less time
by novemberrain
Wed Oct 23, 2019 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 9821

Re: Advice: Windfall Makes Working Worse Than Not Working

I would consult with a tax professional regarding exit taxes. CA franchise tax board is notorious for catching ex residents and trying to wring any money.
by novemberrain
Wed Oct 23, 2019 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6655

Re: Is principal portion of mortgage counted for savings rate purposes?

Personally I would count it since it directly increases my Net Worth. But a bank or another financial institution might not see it that way
by novemberrain
Wed Oct 23, 2019 11:18 pm
Forum: Personal Consumer Issues
Topic: Updgrade car for new safety features?
Replies: 77
Views: 4860

Re: Updgrade car for new safety features?

Why not give the MDX to her ? It is the sturdiest of all the vehicles you mention. Your kid needs the sturdiest car in the family, no ?
by novemberrain
Wed Oct 23, 2019 10:53 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 119575

Re: What frugal thing did you do today?

Of course Costco has it at $3.97 post CC rebate, but this would be an incremental 18 mile drive from my house, which defeats the purpose. No free lunch. +1. Yes, it is unfortunate that costco has some of the lowest gas prices, but the time wasted at the looong lines at the costco pump negate any be...
by novemberrain
Wed Oct 23, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: Bought CPO car - checklist incomplete/wrong
Replies: 9
Views: 965

Re: Bought CPO car - checklist incomplete/wrong

This - the only value a CPO adds is pretty much the additional warranty, if any. Often times dealers don't inspect the cars they place in CPO, it is flagged as CPO eligible in their systems and they just add it at the time of the sale. There are many cases of cars with prior accident history being ...
by novemberrain
Wed Oct 23, 2019 1:18 pm
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5713

Re: Living life post smart phone

And you "set the tone" how? Maybe it's OK in some settings, in others it absolutely is not. I am "successful", a senior director in a large corporation but if I played on my phone in a meeting that included any of our executives (which is at least half of my meetings), I might very well lose my job...
by novemberrain
Wed Oct 23, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5713

Re: Living life post smart phone

In that case, is a few minutes going to make a difference? BTW, as I think, I have 1 single employee (out of 21) who has a child and they have a SAHM wife. You can think of a million theoretical situations, none of them change the fact that phones are a considerable distraction (not in a good way) ...
by novemberrain
Tue Oct 22, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5713

Re: Living life post smart phone

Thank you all for your helpful responses. My struggle is not checking e-mails, like GPS , e-mail is something I would like to have so I could use it if needed. My struggle is that I find myself looking at my phone during boring business meetings (faux pas) and relaxing at the house when the kids go...
by novemberrain
Tue Oct 22, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5713

Re: Living life post smart phone

I had cell phone addiction too and bought a GPS+Cellular Apple watch a year back. No wonder apple is so big.. "You like your phone so much you use it way too much? Buy the apple watch so you use your phone less :sharebeer " Lol. Unfortunate, but true. I do like my Apple watch by itself though. I wa...
by novemberrain
Tue Oct 22, 2019 1:23 am
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 52
Views: 3857

Re: Moving my home landline phone number to MagicJack - good idea?

I used MJ several years back. Almost a decade back. The customer service was SEVERELY lacking at that time. I gave up after I ran into some issues.
by novemberrain
Tue Oct 22, 2019 1:21 am
Forum: Personal Consumer Issues
Topic: Turks & Caicos on a budget??
Replies: 14
Views: 2483

Re: Turks & Caicos on a budget??

You are going to be much more successful by simply using the web to research prices as opposed to random recommendations from folks here. Dates of travel matter. Your budget matters. You may be better off eating the air fares and consider it a lesson learned. Cheers +1 There are no un-discovered ch...
by novemberrain
Tue Oct 22, 2019 1:10 am
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5713

Re: Living life post smart phone

I had cell phone addiction too and bought a GPS+Cellular Apple watch a year back. Sure I pay $10 per month extra for my watch, but I now barely use my iPhone. I don't carry my phone around at all. All the important calls get routed to my watch and I answer it there. Same with iMessages and email/Wha...
by novemberrain
Sun Oct 20, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 119575

Re: What frugal thing did you do today?

Of course Costco has it at $3.97 post CC rebate, but this would be an incremental 18 mile drive from my house, which defeats the purpose. No free lunch. +1. Yes, it is unfortunate that costco has some of the lowest gas prices, but the time wasted at the looong lines at the costco pump negate any be...
by novemberrain
Sun Oct 20, 2019 2:42 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 119575

Re: What frugal thing did you do today?

Sat on my hands while DW bought a new vehicle :happy Happy wife, happy life. :sharebeer I did prevent her from buying an extended warranty so I did my good deed for the day. I had told her several times before she/we entered that part of the sale to "just say no" to anything they offered from that ...
by novemberrain
Thu Oct 10, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: Concerned I may have somehow gotten scammed on Craigslist (as a seller)...
Replies: 28
Views: 4056

Re: Concerned I may have somehow gotten scammed on Craigslist (as a seller)...

Your address and phone number are easy enough to find on the internet (for anyone who has your name). That is why I spent several hours scrubbing my address from the internet. Contacted each of the data brokers one by one and asked that my name be taken off their database How did you accomplish thi...
by novemberrain
Thu Oct 10, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Concerned I may have somehow gotten scammed on Craigslist (as a seller)...
Replies: 28
Views: 4056

Re: Concerned I may have somehow gotten scammed on Craigslist (as a seller)...

runner3081 wrote:
Wed Oct 09, 2019 5:57 pm
Your address and phone number are easy enough to find on the internet (for anyone who has your name).
That is why I spent several hours scrubbing my address from the internet. Contacted each of the data brokers one by one and asked that my name be taken off their database
by novemberrain
Wed Oct 02, 2019 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Willingly going from lucrative job to unemployed?
Replies: 132
Views: 13865

Re: Willingly going from lucrative job to unemployed?

Hi Thanks in advance for considering this long post, hopefully it’ll be a good read! I’m 33, living in San Francisco and working in tech. I grew up in a Mediterranean European country and immigrated to the US by myself at 23 with exactly $0 to my name and a MS in computer engineering. After 10 year...
by novemberrain
Wed Oct 02, 2019 12:42 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

akarom wrote:
Wed Oct 02, 2019 12:37 am
Add in any other building and you've already beaten 1.8m.
Did I posit anywhere that it doesn't ?
by novemberrain
Wed Oct 02, 2019 12:16 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

What is the sum of the square feet across all of Amazon's Seattle buildings? Their Seattle "office" consists of many buildings. I don't think the english sentence snippet : "single largest building in the world in terms of total area" is confusing in meaning. At least it is not confusing to me.
by novemberrain
Tue Oct 01, 2019 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

I don't think anyone here is arguing that. If anything, we are arguing the opposite. The top tier global class talent available in the US is unmatched in any country on earth. The US is a magnet for super top level talent from across the globe. This fosters creative company construction in the US at...
by novemberrain
Tue Oct 01, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

It was tried, heavily, and most companies that tried it reluctantly declared outsourcing a total failure. Someone in this thread compared the job of a software engineer to a business analyst. I like this comparison. The big failure of outsourcing was thinking that software development was like asse...
by novemberrain
Tue Oct 01, 2019 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

I’m blown away that a LCOL 6 year SDE is clearing 350k Really did myself a disservice going into a hard science engineering field post-2000 tech bubble Should have gambled it on software instead In hindsight maybe, but it wasn't so obvious at the time. I was a laid off software engineer in the earl...
by novemberrain
Sat Sep 28, 2019 9:47 pm
Forum: Personal Consumer Issues
Topic: Should I sell my BMW
Replies: 48
Views: 3509

Re: Should I sell my BMW

Yes, that 320i isn't even a real BMW (at least performance wise). The Camry is probably faster :) Ha ha. So true. I have a 328i. My friend's Accord drives faster that the 328i But to the OPs concerns on maintenance, I must say, my 328i has cost me $0 (ok actually just $300) so far in maintenance (o...
by novemberrain
Sat Sep 28, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

How many teenagers are surgeons, lawyers and CEOs? Software is not nearly as difficult as you think it is. The barriers to entry are very low and all the information is well documented online. It is illegal for a teenager to be a surgeon in the US. That would preclude any teenager from becoming a s...
by novemberrain
Sat Sep 28, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

In all fairness though, the “average” engineer uses crystallized intelligence as well. If we compare “above average” people in either category, even “above average” doctors use fluid intelligence Sure.. you have to use both in any case. And I'm sure any doctor House uses lots of fluid intelligence....
by novemberrain
Thu Sep 26, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

How many teenagers are surgeons, lawyers and CEOs? Software is not nearly as difficult as you think it is. The barriers to entry are very low and all the information is well documented online. That's a point if favor of more variance for software skills. Some had time to develop them for many years...
by novemberrain
Thu Sep 26, 2019 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Overpaid for my house, next options?
Replies: 53
Views: 8880

Re: Overpaid for my house, next options?

I also overpaid. You forget about it. What's done is done and it shouldn't affect future decisions in regards to this house. On the other hand, my wife was ready to kill me in my sleep if we didn't get the place, so perhaps I didn't overpay. Ha ha. +1 I also overpaid. And my wife was ready to kill ...
by novemberrain
Wed Sep 25, 2019 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

Silicon valley tech salaries might be an eye opener for you IMHO. 200k is the starting total comp here nowadays for fresh grads. 250 to 300 after 5-10 years is the norm. www.levels.fyi has pretty accurate numbers. Again, only at tech companies though. Not in companies like Schwab. :) only in proper...
by novemberrain
Wed Sep 25, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

Well this data seems to reference "software engineers" (an important distinction), not really IT but nonetheless, This is an important distinction. - Software developers make a lot more money than traditional "IT" fields like network, database and systems admins,etc - Within developers, certain spe...
by novemberrain
Wed Sep 25, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

https://insights.dice.com/2019/09/16/microsoft-software-engineers-reveal-salaries/ The link above gives an idea of the average compensation of a typical microsoft employee with 3 years of tenure. It shows total compensation of around 180K including stock and bonuses but not including benefits. Is t...
by novemberrain
Wed Sep 25, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

There's a huge difference between FANGM (the big boys) and everybody else - namely the stock packages and stock compensation. The short answer is: $180K quite normal at the 3 year mark if you add that all together for software engineers at a top tier tech company. They would likely be earning >$300...
by novemberrain
Wed Sep 25, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24532

Re: IT compensation comparison

it is usually overstated if taken 'on average'. self-selection, only few locales (very high cost of living) participate, people do it as a form of bragging. also, 3 years of tenure is not 3 years of experience - you can have 20 years of experience and 3 years of tenure in particular company.. do no...
by novemberrain
Thu Sep 19, 2019 6:25 pm
Forum: Personal Consumer Issues
Topic: Best places to live to raise a family (cost doesn't matter)
Replies: 95
Views: 9097

Re: Best places to live to raise a family (cost doesn't matter)

The link above has SF at number 2 behind only the great city of baltimore. Even Detroit, Chicago and LA have less crime. [pardon my use of the word "even"] I always found it strange how folks blindly assume cities are safe because they are posh and have a few nice neighborhoods and nice weather. Me...
by novemberrain
Wed Sep 18, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: Best places to live to raise a family (cost doesn't matter)
Replies: 95
Views: 9097

Re: Best places to live to raise a family (cost doesn't matter)

Palo Alto, CA
Sausalito, CA
Hamptons, Long Island
Bel Air, CA
by novemberrain
Wed Sep 18, 2019 11:18 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4102
Views: 1169359

Re: What Book Are You Currently Reading? Part VI

I tried reading this book and it gotten rave reviews and is recommended by many people I know. But I could barely read it halfway and decided to shelve it after that. The writing style feels very high octane and the book just tries too hard IMHO. Maybe I'm just not cut out for those extreme no hold...
by novemberrain
Fri Sep 06, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Need to get a car in a hurry.
Replies: 48
Views: 5054

Re: Need to get a car in a hurry.

Hi Folks, My Camry fuel tank is leaking. Since it is an old model, 2003, and last month spent about 500 dollars on replacing front brake pads and fuel line, DS wants to replace the car (fuel tank replacement might cost close to a grand). Though might still have to replace the tank if trying to rese...
by novemberrain
Thu Sep 05, 2019 2:42 am
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7633

Re: First-hand experiences with United Basic Economy for families?

WHat happens if one of you get bumped off the flight ? That being said, even if you all get seated in different rows, there is a good chance other people on the flight will be willing to trade seats with you so that you can kind of sit together No, especially if everyone in your party has a middle ...
by novemberrain
Wed Sep 04, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7633

Re: First-hand experiences with United Basic Economy for families?

WHat happens if one of you get bumped off the flight ?

That being said, even if you all get seated in different rows, there is a good chance other people on the flight will be willing to trade seats with you so that you can kind of sit together
by novemberrain
Wed Sep 04, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: Alumni donations to help children get into college
Replies: 64
Views: 5561

Re: Alumni donations to help children get into college

Legacy status usually matters, but often only if the applicant has applied on an irrevocable Early Decision basis. If the applicant did not apply for Early Decision, the institution will assume s/he is not committed to attending/is not really all that strongly interested, and legacy status in the a...
by novemberrain
Tue Sep 03, 2019 12:08 pm
Forum: Investing - Theory, News & General
Topic: Real Estate vs Equities
Replies: 29
Views: 2739

Re: Real Estate vs Equities

rents are inflating here in Southern California at 6% a year, not sure how long this will continue it will revert to mean and overshoot to the downside guaranteed at some point in future. If you buy now, you have to have rock solid financial situation and be prepared to hold house for next 30 years...
by novemberrain
Tue Sep 03, 2019 12:13 am
Forum: Personal Consumer Issues
Topic: Help With New Car Purchase - Macan S versus...
Replies: 57
Views: 5123

Re: Help With New Car Purchase - Macan S versus...

I am just as excited about my '15 Macan Turbo as ever, but am in the market for another similarly sized vehicle that meets my wife's needs better. It would be replacing a '00 Lexus RX300 that has held up extremely well, but compared to the Macan drives like a boat. We're going out in two days to ki...
by novemberrain
Tue Sep 03, 2019 12:08 am
Forum: Personal Finance (Not Investing)
Topic: I have 8 checking accounts?????
Replies: 32
Views: 4455

Re: I have 8 checking accounts?????

LilyFleur wrote:
Sun Sep 01, 2019 3:01 pm
I also have stopped by my credit union and asked for a sheet of checks.
Have you accounted for the dollar cost of time it takes to stop by your credit union vs the dollar cost of ordering checks ?
by novemberrain
Tue Sep 03, 2019 12:03 am
Forum: Investing - Theory, News & General
Topic: Real Estate vs Equities
Replies: 29
Views: 2739

Re: Real Estate vs Equities

rents are inflating here in Southern California at 6% a year, not sure how long this will continue it will revert to mean and overshoot to the downside guaranteed at some point in future. If you buy now, you have to have rock solid financial situation and be prepared to hold house for next 30 years...
by novemberrain
Fri Aug 30, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: Investing in Multiple Streams of Income? (NOT get rich quick)
Replies: 129
Views: 12771

Re: Investing in Multiple Streams of Income? (NOT get rich quick)

Thanks for all the replies! Just to be clear... It seems like most people here do NOT invest money into developing extra streams of income. And I'm not referring to savings/investments for retirement. I'm talking about now, during your working years, having income from a source other than your sala...
by novemberrain
Fri Aug 30, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3304

Re: Side Hustle

I churn bank, credit card, and brokerage bonuses. I’ve made around $10k/year for the past few years. It doesn’t require that much time and some of the bonuses are tax-free. It does take organization and being able to follow directions carefully. Hello, Curious to know your thoughts on what impact h...
by novemberrain
Tue Aug 27, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: Investing in Multiple Streams of Income? (NOT get rich quick)
Replies: 129
Views: 12771

Re: Investing in Multiple Streams of Income? (NOT get rich quick)

OP, you could spend a lot of time working three kinds of jobs - write a book, while running an Amazon store, while doing something else, etc. However, for most people, the most efficient way to transform time into money is to invest in a single high paying profession. If you really are the type of ...
by novemberrain
Mon Aug 26, 2019 10:34 pm
Forum: Personal Consumer Issues
Topic: Alumni donations to help children get into college
Replies: 64
Views: 5561

Re: Alumni donations to help children get into college

TheDDC wrote:
Mon Aug 26, 2019 10:15 pm
Is it an ego thing?

-TheDDC
Ok, you caught me. Now I will go sit in a corner and think about what I have done.