Search found 635 matches

by Starfish
Thu Jan 24, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Taking a Year Off
Replies: 20
Views: 1669

Re: Taking a Year Off

how do you know you will be able to get similar jobs upon your return to working? Why wouldn't he? Assuming his job is not rare, most jobs are based on skills/experience that don't change in 1 year. and most companies would seriously frown upon not working for a year, and would be less likely to hi...
by Starfish
Wed Jan 23, 2019 9:34 pm
Forum: Personal Consumer Issues
Topic: Men's No-Cotton Travel Pants / Shirts Suggestions? Other Tips from experienced world travellers?
Replies: 118
Views: 5891

Re: Men's No-Cotton Travel Pants / Shirts Suggestions? Other Tips from experienced world travellers?

I take only couple of credit and debit cards, some cash (500-2000$, depending on place), european plug converter if I go in Europe, paper clip for changing the SIM (I always forget this one, in most countries you can buy a SIM card for 5-15$ and the person selling it will change it for you, but in a...
by Starfish
Wed Jan 23, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 69
Views: 3908

Re: Dentist fees

Braces are not "needed" in most cases. They are a cultural aesthetic thing, like circumcision. People think that is "beautiful" to have unnaturally straight and white-blue teeth and unacceptable to show up up with natural teeth. At the same time, obesity is ok... You'd think torturing kids for beaut...
by Starfish
Wed Jan 23, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a Year Off
Replies: 20
Views: 1669

Re: Taking a Year Off

Thegame14 wrote:
Wed Jan 23, 2019 5:20 pm
how do you know you will be able to get similar jobs upon your return to working?
Why wouldn't he? Assuming his job is not rare, most jobs are based on skills/experience that don't change in 1 year.
by Starfish
Wed Jan 23, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a Year Off
Replies: 20
Views: 1669

Re: Taking a Year Off

If you just shift your work time by one year and you replace 1 year from retirement with one year of travelling when young you come at a great advantage as 1 young year is worth a lot of old years. The potential professional downsides are dwarfed by this advantage. You should also make sure you take...
by Starfish
Wed Jan 23, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 66
Views: 3913

Re: Need Advice - quit 6-figure job to do coding school?

As a coder for several years you will make less money with stress and long hours.
Non-white thing shouldn't be an issue. If anything in Bay Area is the opposite. I am just looking at the large number of Chinese/Indian/etc executives I know.
by Starfish
Wed Jan 23, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why doesn't a lot of money feel like a lot of money?
Replies: 89
Views: 7254

Re: Why doesn't a lot of money feel like a lot of money?

Humans suffer from loss aversion bias which is actually very unproductive and I have to work a lot to get rid of it (but I can't): losing 100$ is not symmetrical with winning 100$. Winning just does not bring that much happiness.
by Starfish
Wed Jan 23, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 69
Views: 3908

Re: Dentist fees

Honest question: When did insurance plans become so complicated? Just reading all these posts gave me a toothache and a headache, or maybe one is more of referred pain from the latter? :oops: Quite informative, still so complicated..... It is because dental insurance does not seem follow the same r...
by Starfish
Wed Jan 23, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 69
Views: 3908

Re: Dentist fees

Honest question: When did insurance plans become so complicated? Just reading all these posts gave me a toothache and a headache, or maybe one is more of referred pain from the latter? :oops: Quite informative, still so complicated..... If you think that is hard, imagine a dentists office has a pai...
by Starfish
Tue Jan 22, 2019 9:30 pm
Forum: Forum Issues and Administration
Topic: Forum login problems
Replies: 19
Views: 667

Re: Forum login problems

HueyLD wrote:
Tue Jan 22, 2019 10:21 am
I was finally able to log in using FireFox within the last five minutes.

Curious what caused the problems. Frigid temps?
How would sexual appetite of their temps influence our logins?

I thought that I was kicked out.
by Starfish
Tue Jan 22, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 69
Views: 3908

Re: Dentist fees

The main advantage of dental insurance is not necessarily how much is covered but access to in network prices.
Now, as I mentioned above, if that is a real advantage or not is a good question. Usually there is no free lunch.
by Starfish
Tue Jan 22, 2019 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Dentist fees
Replies: 69
Views: 3908

Re: Dentist fees

The biggest provider of dental insurance in the USA is Delta Dental. Here's a page that talks a little about how their payments to dentists work https://www.deltadentalins.com/individuals/guidance/recommend-your-dentist.html Basically a health care provider who does "balance billing" is simply "out...
by Starfish
Mon Jan 21, 2019 10:46 pm
Forum: Personal Consumer Issues
Topic: Sicily over Italian cities?
Replies: 45
Views: 2835

Re: Sicily over Italian cities?

Anyone prefer exploring Sicily over Italian cities like Rome, Florence, Venice? I'm not a huge city person, and I'm thinking I would rather visit Sicily. Am I nuts? The thing that I don't get is that you try to avoid Italy while going to Italy. Whatever "not a huge city person" means, probably Ital...
by Starfish
Mon Jan 21, 2019 10:16 pm
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 54
Views: 4203

Re: Is it wise to move from NewYork to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

I lived in LA for awhile, though I realize that's also different from the Bay Area at least to CA'ans. But basically to me it was generally* good weather, and a good experience overall, but I was a cultural fish out of water and no way would I have lived there permanently, or wanted to raise kids t...
by Starfish
Mon Jan 21, 2019 3:52 pm
Forum: Personal Consumer Issues
Topic: Sicily over Italian cities?
Replies: 45
Views: 2835

Re: Sicily over Italian cities?

Anyone prefer exploring Sicily over Italian cities like Rome, Florence, Venice? I'm not a huge city person, and I'm thinking I would rather visit Sicily. Am I nuts? The thing that I don't get is that you try to avoid Italy while going to Italy. Whatever "not a huge city person" means, probably Ital...
by Starfish
Mon Jan 21, 2019 3:39 pm
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 54
Views: 4203

Re: Is it wise to move from NewYork to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

Winter sports are nearby Sunnyvale anyways. New York could mean Rochester or NYC or Binghamton or Orient Point or .... Hi, I updated the title, We live in NewYork City. Thanks. That's fine, but actually the name of the city is New York, same as the name of the state. It's not like Oklahoma City. 'C...
by Starfish
Mon Jan 21, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce w/child. Spouse wants to move.
Replies: 128
Views: 8235

Re: Divorce w/child. Spouse wants to move.

And there is pretty much always 50/50 custody unless one person gives it up or is incompetent. Uh, no. There's pretty much always a custodial and a non-custodial parent. I.E. every other weekend, split holidays, and 2 weeks in the summer or whatever. Splitting time 50/50 (which I think the OP meant...
by Starfish
Mon Jan 21, 2019 3:42 am
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 54
Views: 4203

Re: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

I moved from Long Island to Sunnyvale 14 years ago. My move was not for the weather but mostly for professional reasons (but also ocean, mountains, outdoors etc). The first winter had what felt like 6 months of continuous rain. It was one of the rainier years, 2 years ago was pretty much the opposit...
by Starfish
Mon Jan 21, 2019 3:28 am
Forum: Personal Finance (Not Investing)
Topic: Paying extra on mortgage - what am I missing?
Replies: 68
Views: 6303

Re: Paying extra on mortgage - what am I missing?

Maybe I missed something but it is unclear to me what other investments are there. If you have only 401k and 50k emergency fund is a bad idea to put 100k in the mortgage. Not necessarily. The OP may have a very significant 401k balance, especially if he rolled over a prior 401k balance into his cur...
by Starfish
Mon Jan 21, 2019 3:21 am
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11032

Re: Are You Dumping Netflix?

The idea of dropping en-masse one of the best value entertainment services out there is very weird. It is so cheap that one can have it in parallel with other similar services.
by Starfish
Mon Jan 21, 2019 3:18 am
Forum: Personal Finance (Not Investing)
Topic: "Buy term life because it is cheap"
Replies: 21
Views: 2654

Re: "Buy term life because it is cheap"

If I am going to buy a term life policy I would buy one only for the amount of time needed for us to accumulate some more money. Or for when thekid is college age. So for us it should be 10-15 years, not 30. Of course if you are 400 and buy a 30y policy is going to be very expensive. The change to k...
by Starfish
Mon Jan 21, 2019 3:08 am
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 6349

Re: Paying thousands per ticket to attend the NFL Super Bowl?

I would seriously consider spending about ~1000$ to NOT attend the Superbowl, if it was mandatory.
I work near stadium and it's amazing to ,e how much money people spend on sports. People with no money, mostly.
by Starfish
Sun Jan 20, 2019 2:43 am
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5115

Re: Is California worth the premium?

FWIW, for longtime homeowners, Prop13 has given California property owners great property tax rates and incentives to stay. Unless you make more than an 'average' income, the state income tax blended rate is competitive with most other states... (that said, it's very discouraging to work harder to ...
by Starfish
Sun Jan 20, 2019 2:38 am
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5115

Re: Is California worth the premium?

To me ski, hiking, sailing, surfing, climbing, mountain biking all very close by is definitely a great thing. Salaries and job diversity in my field are larger than anywhere else. Expensive houses are no a big deal to me because I see it as money saved (and appreciated). It's a house 1 million? so w...
by Starfish
Sat Jan 19, 2019 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce w/child. Spouse wants to move.
Replies: 128
Views: 8235

Re: Divorce w/child. Spouse wants to move.

I read the question as how much should I get paid to move? Kind of reads like how much will you pay me to continue to see my child? Without knowing the rest of the situation this is really a crappy selfish kind of thing to ask. Regardless, not enough info. I'd suggest professional legal advice. It'...
by Starfish
Fri Jan 18, 2019 9:29 pm
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 108
Views: 9594

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

Among the interesting properties I rented on AirBnb and cannot compare with a hotel are: a treehouse, a house over water with snorkeling from the porch, a small bungalow in the jungle where the monkeys come every day, a shack an the beach 10 feet away from the water on a small island, a room on a sa...
by Starfish
Fri Jan 18, 2019 9:22 pm
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 108
Views: 9594

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

I don’t book on Airbnb even for one week stay, I prefer hotels. Plus some of the Airbnbs have very strict cancellation policy, I always prefer to book my hotels with options to cancel. So you never use Airbnb? Or you use it only for long stays? I prefer Airbnb to hotels, but it becomes a good deal ...
by Starfish
Fri Jan 18, 2019 9:11 pm
Forum: Personal Consumer Issues
Topic: 11 days in Europe...Budget and logistical advice please
Replies: 90
Views: 4731

Re: 11 days in Europe...Budget and logistical advice please

When you start comparing USA with Uzbekistan, China and Turkey you lost already... The topic is about developed countries, western Europe in particular.
by Starfish
Fri Jan 18, 2019 8:58 pm
Forum: Personal Consumer Issues
Topic: 11 days in Europe...Budget and logistical advice please
Replies: 90
Views: 4731

Re: 11 days in Europe...Budget and logistical advice please

BTW, there is no use for the driving license. Unlike the freest country in the world, in most other places you do not have to show an ID unless you are driving. You have that in reverse. There is no general requirement to have an ID on you in the USA unless doing an activity that requires it. But c...
by Starfish
Fri Jan 18, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11148

Re: Have I Now Become Out of Touch Financially? Aging question...

What? Who has that? To be a BH means to be smart about time. The only reason to gather money is to buy time. Why would somebody waste precious time and life with such a menial and useless task? It is very nonBH. My sister used to date a guy that kept track of gas prices, he’s an accountant. Perhaps...
by Starfish
Fri Jan 18, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11148

Re: Have I Now Become Out of Touch Financially? Aging question...

I have recently come to learn that my soon to be ex-brother-in-law (he is divorcing my sister-in-law), who has been earning $400K-$500K per year since before the start of this decade, has been living paycheck to paycheck. Worse than that, they were actually living in credit card debt all year, payi...
by Starfish
Fri Jan 18, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 108
Views: 9594

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

I like airbnb but its ridiculous now. Im looking for places next weekend. Room cost is 95, total cost for one night is 181?! Cleaning fee of $65?? Might as well make a mess on purpose to be honest. I thought is obvious for everybody but Airbnb is not as competitive for short stays (1-2 nights). Hot...
by Starfish
Fri Jan 18, 2019 3:31 am
Forum: Personal Consumer Issues
Topic: Car Rental - Getting specific type of car
Replies: 19
Views: 1267

Re: Car Rental - Getting specific type of car

I drove plenty through colorado/utah/norteast etc to ski. I ski a lot. The weather was terrible sometimes. Never needed any AWD. FWD is just fine. I would check the tires though. Most rental agencies have SUVs which are just FWD anyway. BTW, 4x4 and AWD mean the same thing, except some people believ...
by Starfish
Thu Jan 17, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

Why do you want to buy a house? I'm scared that house prices in the Bay area will keep rising and be out of my reach forever. So my thought is lock in a house now or in the near future to avoid being priced out forever If you are making more, and saving more, than say 90% of the people in the Bay A...
by Starfish
Thu Jan 17, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

yosemite_mountain wrote:
Thu Jan 17, 2019 7:10 pm
Starfish wrote:
Thu Jan 17, 2019 7:02 pm
If you keep renting probably you can still find 1 bdroom with 2k, right? I
The one bedroom apartments cost about $2200 a month.
And almost 0 commute. You can use a bike.
South SJ is pretty far.
by Starfish
Thu Jan 17, 2019 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

Buy a duplex, rent half? Get married? You are going to pay about half of your net income on the mortgage/expenses/tax. Down-payment will drain your resources. Hopefully your income will keep increasing and inflation will erode the monthly rate. If you keep your job, everything will be ok. But if som...
by Starfish
Thu Jan 17, 2019 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

I'm scared that house prices in the Bay area will keep rising and be out of my reach forever. So my thought is lock in a house now or in the near future to avoid being priced out forever You sound like a time traveler from 2006. Don't get caught up in the rush. +100000000000 Unrelated, since 2006, ...
by Starfish
Thu Jan 17, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

Why do you want to buy a house? I'm scared that house prices in the Bay area will keep rising and be out of my reach forever. So my thought is lock in a house now or in the near future to avoid being priced out forever You sound like a time traveler from 2006. Don't get caught up in the rush. +1000...
by Starfish
Thu Jan 17, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Paying extra on mortgage - what am I missing?
Replies: 68
Views: 6303

Re: Paying extra on mortgage - what am I missing?

 If you do not pay it off then you will have more sequence of returns risk. For example in rough numbers if you just kept a $100K mortgage and also put $100K into a separate investing account which you also pay a $500 a month mortgage out of then; a) If you get unlucky and get a modest 10% decline ...
by Starfish
Thu Jan 17, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

Questions How much house can I afford in the Bay area given my stats below? I live in a very HCOL area (Bay area) so purchase prices are 800k minimum. I don't think you will find anything reasonable at 800k, unless you go for a long (1h) commute. 1-1.2 million yes but it will be a townhouse with HO...
by Starfish
Thu Jan 17, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

Why do you want to buy a house? I'm scared that house prices in the Bay area will keep rising and be out of my reach forever. So my thought is lock in a house now or in the near future to avoid being priced out forever If you are making more, and saving more, than say 90% of the people in the Bay A...
by Starfish
Thu Jan 17, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7081

Re: Should I buy a house in the Bay area or give up?

Why do you want to buy a house? I'm scared that house prices in the Bay area will keep rising and be out of my reach forever. So my thought is lock in a house now or in the near future to avoid being priced out forever You sound like a time traveler from 2006. Don't get caught up in the rush. Price...
by Starfish
Thu Jan 17, 2019 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16174

Re: Why are your NOT buying rental properties?

Just recently my coworker told me he made $40 k in overtime last year. I made that much from just one property last year and I don’t have to pay 50% tax! I made it to the bottom of the first page and can’t believe no one addressed this. To me this is more eye-opening the fact that someone believes ...
by Starfish
Thu Jan 17, 2019 3:49 am
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4313

Re: Real value of NYC real estate, 1899-1999.

A home is not an investment unless you live in it or rent it out. I've heard homes usually return close to (or slightly) above the rate of inflation, but the costs of ownership outweigh appreciation. The real money is in the rent paid to you or the rent that you do not pay. I don't think you unders...
by Starfish
Thu Jan 17, 2019 3:44 am
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 90
Views: 11148

Re: Have I Now Become Out of Touch Financially? Aging question...

Yes. You are out of touch. The entirety of SoCal is out of touch. Come visit the midwest or south and see how many people drive 100k-200k cars or live in million dollar houses. Heck, if I see a CPO Mercedes driving around it requires a double take. You would instantly become one of the flashiest pe...
by Starfish
Thu Jan 17, 2019 3:05 am
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4313

Re: Real value of NYC real estate, 1899-1999.

A home is not an investment unless you live in it or rent it out. I've heard homes usually return close to (or slightly) above the rate of inflation, but the costs of ownership outweigh appreciation. The real money is in the rent paid to you or the rent that you do not pay. I don't think you unders...
by Starfish
Wed Jan 16, 2019 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16174

Re: Why are you NOT buying rental properties?

I DO own one commercial rental property but I rent 70% of it to myself. I charge what rent I want and I wouldn't trust anybody else.
by Starfish
Wed Jan 16, 2019 6:24 pm
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4313

Re: Real value of NYC real estate, 1899-1999.

Real estate still can bring rents, can be leveraged, has good tax treatment, etc. But it’s not something to just buy and hold. Rental income, tenant paydown of said leverage, and the good tax treatment are exactly why real estate most certainly is something to just buy and hold. So let's think this...
by Starfish
Wed Jan 16, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4313

Re: Real value of NYC real estate, 1899-1999.

A home is not an investment unless you live in it or rent it out. I've heard homes usually return close to (or slightly) above the rate of inflation, but the costs of ownership outweigh appreciation. The real money is in the rent paid to you or the rent that you do not pay. I don't think you unders...
by Starfish
Wed Jan 16, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 162
Views: 8711

Re: Getting a Mortgage when You can Pay Cash for a House

Just to put a number on it, last 30 years S&P 500 had a return of about 1500%. 300k$ invested in 1988 would have been 4.5 million today. So prepaying mortgage was pretty much the largest destroyer of wealth. Back in the year 2000, stocks had been on a record tear for nearly two decades. 30 year mor...