Search found 47 matches

by runswithscissors
Sat Sep 26, 2020 12:55 am
Forum: Investing - Theory, News & General
Topic: Is hydrogen the fuel for the future of transportation?
Replies: 18
Views: 1347

Re: Is hydrogen the fuel for the future of transportation?

As power requirements are increasing at charging stations some are using batteries to shave peak demand. They can charge all night off of the grid when prices are low and provide electricity to reduce peak demand during the day. That is already being done today at some locations. Not that hydrogen ...
by runswithscissors
Fri Sep 25, 2020 11:49 pm
Forum: Investing - Theory, News & General
Topic: Is hydrogen the fuel for the future of transportation?
Replies: 18
Views: 1347

Re: Is hydrogen the fuel for the future of transportation?

My guess is that virtually all passenger vehicles (including light duty trucks) will convert to battery electric. I'd also suspect smaller commercial vehicles with shorter daily driving distance (i.e. <200 miles) would suffice as battery electric only. Even large commercial vehicles with known daily...
by runswithscissors
Thu Sep 17, 2020 8:41 pm
Forum: Personal Consumer Issues
Topic: Chase Freedom to Freedom Unlimited on Credit history
Replies: 33
Views: 1636

Re: Chase Freedom to Freedom Unlimited on Credit history

If you're a current Freedom cardholder, my understanding is you can either apply for the Flex or do a product change to Flex. The former would entitle you to the $200 bonus but will require a hard credit inquiry. The latter would take the existing credit line and move it to Flex; no bonus will be pr...
by runswithscissors
Sat Aug 29, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance - Worst Case
Replies: 142
Views: 9983

Re: Umbrella Insurance - Worst Case

I assume the number of people struck by lightning annually is far below the number of claims paid out by umbrella policies. I take cover during a thunderstorm mostly in fear of being struck by lightning. Although this may seem irrational given the statistical likelihood of being struck, I still take...
by runswithscissors
Sat Aug 22, 2020 4:22 am
Forum: Personal Finance (Not Investing)
Topic: Simplifi by Quicken Vs YNAB
Replies: 6
Views: 1406

Re: Simplifi by Quicken Vs YNAB

I'm with Mint and wouldn't mind paying to get rid of the ads and gain some additional features. Anyone have any experience with Simplifi? Good or bad?
by runswithscissors
Mon Aug 17, 2020 5:14 am
Forum: Personal Consumer Issues
Topic: Matcha green tea
Replies: 13
Views: 1222

Re: Matcha green tea

Used to drink matcha but got hooked on Nespresso. Does anyone know a reliable/quality supplier of matcha Nespresso pods? All the "compatible" ones I found online look sketchy.
by runswithscissors
Sun Aug 16, 2020 3:56 am
Forum: Personal Consumer Issues
Topic: Solar Panel Warranties
Replies: 9
Views: 817

Re: Solar Panel Warranties

Example - I can buy panels from overseas with 25yr warranties for about $0.22-$0.25/watt+shipping (+about $0.05/watt) and the same place sells an entire 10kw system pretty much (panels, mounts, inverter, cabling) for about $9.5k+shipping - it would still potentially cost labor to install, but you c...
by runswithscissors
Mon Jul 27, 2020 5:20 am
Forum: Personal Consumer Issues
Topic: Do you drink drink coffee and why or why not?
Replies: 36
Views: 2216

Re: Do you drink drink coffee and why or why not?

2 or 3 medium to high caffeine content Nespresso pods every day. I use them to make iced lattes. I don't care for hot coffee. I used to be one of those idiots that went to Starbucks 4-5 days a week for iced lattes; sometimes twice in a day. Now I'll go maybe once every couple months. I consume about...
by runswithscissors
Tue Jul 21, 2020 5:13 am
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6081

Re: Walking OK with sun exposure?

I just make sure to finish my walks before 9 am. Some warmth and natural vit D is nice and it's fairly difficult to burn before 9 am
by runswithscissors
Sat Jul 18, 2020 4:54 am
Forum: Personal Consumer Issues
Topic: How do you buy time with money?
Replies: 47
Views: 3982

Re: How do you buy time with money?

Quit my gym membership and bought a home gym.

Saved 12 minutes average both ways driving and parking in a garage. 24 mins x 4 days a week x 52 weeks = 4,992 minutes or 83 hours every year to do things I actually want to do.
by runswithscissors
Fri Jul 17, 2020 4:04 am
Forum: Personal Finance (Not Investing)
Topic: I'm debating buying a big house, and wondering what the retirement implications are? Is it a bad idea?
Replies: 58
Views: 4626

Re: I'm debating buying a big house, and wondering what the retirement implications are? Is it a bad idea?

Good god. $180k/year, that's brutal. Good for you for planning for them, but that's just... insane. Also, nice to hear someone with similar plans. That's an exciting target isn't it? Hope you do some fun things with it. That would be one serious achievement to hit that before 50. Typical care homes...
by runswithscissors
Fri Jul 17, 2020 3:15 am
Forum: Personal Finance (Not Investing)
Topic: I'm debating buying a big house, and wondering what the retirement implications are? Is it a bad idea?
Replies: 58
Views: 4626

Re: I'm debating buying a big house, and wondering what the retirement implications are? Is it a bad idea?

I agree with others that the real return could end up lower (or not!). How hard is the $320k / yr spend requirement in the future? You are spending nowhere near that now. If the $8M and retirement timing goals are hard, you are cutting it fine. If you are flexible on one/both of those, there's no i...
by runswithscissors
Thu Jul 16, 2020 6:04 am
Forum: Personal Consumer Issues
Topic: what is your weekly workout routine?
Replies: 112
Views: 12141

Re: what is your weekly workout routine?

I recently (3 months ago) quit the gym after 25 years of gym membership. In lieu of the gym, I've been walking outdoors in the sun 4 miles, 7 days a week at about 3.5 mph. Never felt better.
by runswithscissors
Mon Jul 13, 2020 2:53 am
Forum: Personal Consumer Issues
Topic: Car, Remodel or Pool?
Replies: 74
Views: 4103

Re: Car, Remodel or Pool?

Flyer24 wrote: Sun Jul 12, 2020 6:30 pm Option 2 seems like the best use of your money. Sounds like you are doing well financially. The pool price seems quite high. Mine was $22K but maybe it is just your area.
I just got quoted $71K for a 16' x 30' underground pool not including any decking around it (VHCOL area).
by runswithscissors
Thu Jul 09, 2020 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year or 30 year mortgage?
Replies: 104
Views: 7435

Re: 15 year or 30 year mortgage?

Anything less than or equal to a 0.5% rate delta just isn't worth the risk regardless of how secure you are.
by runswithscissors
Wed Jul 08, 2020 7:43 pm
Forum: Personal Consumer Issues
Topic: 1st Car Purchase - Volvo XC90 vs. Lexus RX350
Replies: 70
Views: 5144

Re: 1st Car Purchase - Volvo XC90 vs. Lexus RX350

The current generation of RXs are hideous compared to the XC90; the cargo room is also much smaller... But having owned Lexus for 12 years I'd still go with the RX. You will also likely hate the infotainment system and user interface in the XC90. Simple things like turning up and down the AC vents ...
by runswithscissors
Wed Jul 08, 2020 9:56 am
Forum: Personal Consumer Issues
Topic: 1st Car Purchase - Volvo XC90 vs. Lexus RX350
Replies: 70
Views: 5144

Re: 1st Car Purchase - Volvo XC90 vs. Lexus RX350

The current generation of RXs are hideous compared to the XC90; the cargo room is also much smaller... But having owned Lexus for 12 years I'd still go with the RX. You will also likely hate the infotainment system and user interface in the XC90. Simple things like turning up and down the AC vents t...
by runswithscissors
Sat Jul 04, 2020 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Cost of gutting and renovating a building
Replies: 16
Views: 1352

Re: Cost of gutting and renovating a building

We recently gutted a 6,000 SF 1950's building down to the structural shell. Located in a VHCOL area. Replaced all the electrical, plumbing (which was limited), HVAC, windows and interior finishes. There was some asbestos and lead based paint remediation work. Exterior concrete was refurbished, seale...
by runswithscissors
Wed Jul 01, 2020 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 184
Views: 36457

Re: Best cash-back credit card right now?

Regarding those that have multiple BOA cash cards, were you able to get approved for two credit cards at once? I.e. apply for two BOA cash back cards and get approved for both at the same time? Or did a second (and possibly third) card have to be added over time? I'm interested in moving funds over ...
by runswithscissors
Wed Jul 01, 2020 4:13 am
Forum: Personal Consumer Issues
Topic: At what point can you justify a $10k+ flight?
Replies: 75
Views: 4708

Re: At what point can you justify a $10k+ flight?

For $10K... I would rather spend $4K on a great seat and $6K on an amazing hotel stay.
by runswithscissors
Mon Jun 29, 2020 2:21 am
Forum: Personal Consumer Issues
Topic: Solar with battery/tesla wall
Replies: 116
Views: 8480

Re: Solar with battery/tesla wall

Tesla seems cheapest to me...plugging in my numbers on their website they recommended their new, "small" system (4.08 kW) plus one Powerwall for $10k cash price after bundle discount, before any tax incentives...too bad they don't service my area. I got quoted for a similar sized PV + Tes...
by runswithscissors
Sun Jun 28, 2020 8:23 pm
Forum: Personal Consumer Issues
Topic: Has Amazon ever called you to verify a purchase?
Replies: 28
Views: 2309

Re: Has Amazon ever called you to verify a purchase?

They have called me on a few occasions when I've purchased a large amount in gift cards (over $1,000). Once they verify, the cards get delivered. Other than that I've never received a call from Amazon.
by runswithscissors
Wed Jun 24, 2020 3:35 am
Forum: Personal Consumer Issues
Topic: New 4K TV: LED, QLED or OLED?
Replies: 121
Views: 7559

Re: New 4K TV: LED, QLED or OLED?

I can't imagine any reasonable quality coming from a $500 70" TV. I'm on the other end of the spectrum. Own a 77" LG C9 series OLED. The picture quality of OLED displays is so amazing it has completely ruined my perspective on any other display technology. But I paid nearly 10X more than y...
by runswithscissors
Mon Jun 22, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Line of credit secured by brokerage account
Replies: 18
Views: 747

Re: Line of credit secured by brokerage account

I am curious about this too, particularly how this will show on a credit report and how it will impact a credit score. One downside off the bat is if the value of your account holdings drops below a threshold, you'll be forced to pay down the line much like you would with a margin call. I'd also ass...
by runswithscissors
Sat Jun 06, 2020 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford 600k house?
Replies: 95
Views: 9081

Re: Can we afford 600k house?

Annual maintenance/upkeep cost will depend on the age, condition and replacement value of the house, not the purchase price. Is the $600k mostly in the house or mostly in the land? I've seen $600k homes that are 800 SF in size (in my area that's common). And $600k homes that are 4000 SF in size. The...
by runswithscissors
Thu Jun 04, 2020 7:42 pm
Forum: Personal Investments
Topic: Does Capital one send emails when their interest rate decreases?
Replies: 29
Views: 1618

Re: Does Capital one send emails when their interest rate decreases?

Does anyone know how long after the 90 days from funding it takes to get the promotion bonus deposited into your account?
by runswithscissors
Sun May 31, 2020 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Chase reducing credit card limits
Replies: 141
Views: 15780

Re: Chase reducing credit card limits

Well I'm glad I'm not alone. I actually double checked and found out my credit limit was lower for my Freedom card; it was cut exactly 50%. I have another Chase card that has a higher limit. I am assuming that one will get slashed too. It's interesting because I didn't have any cards affected in th...
by runswithscissors
Sun May 31, 2020 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Chase reducing credit card limits
Replies: 141
Views: 15780

Re: Chase reducing credit card limits

Well I'm glad I'm not alone. I actually double checked and found out my credit limit was lower for my Freedom card; it was cut exactly 50%. I have another Chase card that has a higher limit. I am assuming that one will get slashed too. It's interesting because I didn't have any cards affected in the...
by runswithscissors
Sun May 31, 2020 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Chase reducing credit card limits
Replies: 141
Views: 15780

Chase reducing credit card limits

I have a Chase Freedom card and recently received a letter from Chase that states I have spent far below my available credit limit over the last 12 months and as a result will see a reduction to my limit by over 50% in 30 days. The reduction is quite drastic... from nearly $40K to the low teens. Thi...
by runswithscissors
Sun May 24, 2020 3:40 am
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 8049

Re: NJ property taxes too high. What are my alternative states?

Honolulu, Hawaii is probably too far away but property taxes are low there. A smallish average house in Honolulu assessed at $1M would come with a $3,100 annual tax bill. But likely a higher cost of living than where you are currently.
by runswithscissors
Fri May 22, 2020 1:28 am
Forum: Personal Investments
Topic: Should I pull my CDs out?
Replies: 26
Views: 2866

Re: Should I pull my CDs out?

Just curious, but what makes you think it will appreciate at 5% per year? +1 Any expectation of appreciation on real estate is iffy at the best of times, but now of all times, I wouldn't factor that in at all. It's either a place you want to live in or a place you want to rent out - long-term, indi...
by runswithscissors
Sun Apr 05, 2020 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: bogleheading my car, opinions please. From a Tesla to a Honda
Replies: 84
Views: 5613

Re: bogleheading my car, opinions please. From a Tesla to a Honda

Personally I'd keep the Tesla or trade for another less costly EV. I could never imagine going back to a gas powered car after switching to an EV a few years ago. Night and day driving experience.
by runswithscissors
Mon Mar 09, 2020 3:50 am
Forum: Investing - Theory, News & General
Topic: S&P500 Futures halted tonight (3/8)
Replies: 233
Views: 16649

Re: S&P500 Futures halted tonight (3/8)

Momus wrote: Mon Mar 09, 2020 3:10 am https://www.cnbc.com/amp/2020/03/09/10- ... unges.html

10 yr yield 0.346%... That's the lowest ever no? Negative soon after another rate cut lol?
The lowest ever was also just one week ago when it was ~1.30%. This is a whole new world...
by runswithscissors
Fri Mar 06, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 301
Views: 47427

Re: 30 year mortgage under 3%

Although the 10 year has moved down ~40 bps since the rates hit 3.125% (30 year, 70% max LTV 0 origination pts, 800+ credit) at the local bank I was looking to refinance at, my quoted mortgage rate has not moved down at all. Normally, a 40 bps drop translates into 2+ origination pts or a rate drop o...
by runswithscissors
Wed Feb 19, 2020 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Credit Limit Increase and Credit Score
Replies: 19
Views: 1336

Re: Credit Limit Increase and Credit Score

A lot of people like to pay their cards off shortly after they make charges to keep their credit scores high. Credit utilization can hit your credit score quite hard. But in my experience the score rebounds almost immediately after the credit utilization is brought back down. I am usually at 5-10% u...
by runswithscissors
Wed Feb 05, 2020 3:36 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to build this house?
Replies: 38
Views: 4550

Re: Can we afford to build this house?

Although I am in a VHCOL area, a house that large in my area with the amenities that you describing would easily be $2.7M not including the land. What is the cost of the land vs cost of construction? Is the 3.3% post-construction permanent take out mortgage fixed? What is the current appraised value...
by runswithscissors
Sun Jan 19, 2020 3:54 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card is absolutely useless (overseas)
Replies: 34
Views: 2865

Re: Apple Card is absolutely useless (overseas)

"(overseas)" in the subject title was unnecessary.
by runswithscissors
Sun Jan 19, 2020 3:47 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property--Do numbers make sense to keep??
Replies: 55
Views: 4120

Re: Rental Property--Do numbers make sense to keep??

In my area those numbers are outstanding for a rental property; not even 1 in 100 would advise to sell. People here will buy older apartment buildings and be very content with a 4% CAP. Brand new individual condo units sell for 2.5-3% CAP all day. CAP rates are always depressed in "old money&qu...
by runswithscissors
Tue Dec 24, 2019 3:07 am
Forum: Personal Consumer Issues
Topic: Bank of America Preferred Rewards credit card program: How does it work?
Replies: 4
Views: 953

Re: Bank of America Preferred Rewards credit card program: How does it work?

So with a 3%-2%-1% structure depending on category, you now get 5.25%, 3.5%, and 1.75% cashback. Each card has a quarterly spend limit of $2500 that qualifies for the 3% and 2% bonus. Thereafter, it all goes to 1% + the 75% bonus. 3% is the special "you get to choose" category (dining, on...
by runswithscissors
Mon Dec 23, 2019 4:08 am
Forum: Personal Consumer Issues
Topic: What tech wiring in new build house?
Replies: 124
Views: 7487

Re: What tech wiring in new build house?

No comment on the coax, etc, but I'd add outlets with USB connections so I can plug right in w/o another plug and transformer and charge all my things. I would advise against those USB charging ports. The power requirements for USB charging ports increases with every new generation of tablets, phon...
by runswithscissors
Mon Dec 16, 2019 4:22 am
Forum: Personal Consumer Issues
Topic: Airpod alternatives?
Replies: 29
Views: 3012

Re: Airpod alternatives?

I have a not so similar problem. I don't mind spending $100-$150 on BT ear buds, I just wish there was a reliable option for my Samsung Note 10 that doesn't require the ear piece to physically go into your ear canal and block out some ambient noise. I love the "open air" form factor of the...
by runswithscissors
Wed Oct 30, 2019 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 77
Views: 15578

Re: Uber VISA rewards cut

I apologize if this is a dumb question... but I'm assuming you would need a spouse as an additional card holder (under a totally different credit card account but same BoA/Vanguard account) in order to have multiple BoA Cash Rewards cards to raise the $2,500 quarterly cap on 5.25% CB. And even then...
by runswithscissors
Wed Oct 30, 2019 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to build a house?
Replies: 28
Views: 3330

Re: Cost to build a house?

We recently built our new house in a HCOL area. ~$310/SF for a two-story 3 bdrm, 2.5 bath, 1600 SF under roof, 400 SF garage and 120 SF covered deck. Fairly level lot with very minimal excavating and civil scope. Included about 140 linear feet of wood fencing. Cost included permits but architect fee...
by runswithscissors
Wed Oct 30, 2019 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 77
Views: 15578

Re: Uber VISA rewards cut

I apologize if this is a dumb question... but I'm assuming you would need a spouse as an additional card holder (under a totally different credit card account but same BoA/Vanguard account) in order to have multiple BoA Cash Rewards cards to raise the $2,500 quarterly cap on 5.25% CB. And even then...
by runswithscissors
Tue Oct 29, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 77
Views: 15578

Re: Uber VISA rewards cut

I used to own the Uber card but then ditched it for Bank of America. Get a few BOA Cash rewards card and get to their platinum level by parking 100k in Merrill Edge (free transactions and all Vanguard ETFs available, I use it as a second brokerage for diversification). I currently enjoy, with four ...
by runswithscissors
Tue Oct 29, 2019 4:19 am
Forum: Personal Finance (Not Investing)
Topic: Uber VISA rewards cut
Replies: 77
Views: 15578

Re: Uber VISA rewards cut

I used to own the Uber card but then ditched it for Bank of America. Get a few BOA Cash rewards card and get to their platinum level by parking 100k in Merrill Edge (free transactions and all Vanguard ETFs available, I use it as a second brokerage for diversification). I currently enjoy, with four ...