Search found 818 matches

by Bungo
Thu Sep 14, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10254

Re: The 10 year car ownership "rule"

If there is *another* BH in this forum who can replace (and have replaced) his own engine on his car, please stand up! I have a feeling that you are THE ONLY ONE here!! Average BH can NOT change his own brake pads if his life depended on it. I don't even change my own oil! I'm a big fan of efficien...
by Bungo
Tue Sep 12, 2017 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10254

Re: The 10 year car ownership "rule"

I replaced my 2004 Civic Hybrid this year because California started smog checking hybrids, and mine couldn't pass because the check engine light was on due to failing hybrid battery. Replaced it with a non-hybrid CRV; maybe this one will make it to 15 years. :mrgreen:
by Bungo
Sun Jul 30, 2017 10:06 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

jfm2123 wrote:A History of the United States in Five Crashes: Stock Market Meltdowns that Define a Nation (1907, 1929, 1987, 2008, 2010) by Scott Nations
2010? I must have missed that one.
by Bungo
Fri Jul 28, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Awarded stock; sell and diversify?
Replies: 27
Views: 1121

Re: Awarded stock; sell and diversify?

I sell my tech employer's stock ASAP. In my reading I've found that most experts implore you not to hold stock in your employer. Too much of your finances are already tied their success. Agree 100%. I always sell my RSUs upon vesting, for exactly this reason. I wouldn't buy my employer's stock if s...
by Bungo
Wed Jul 26, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 13129

Re: Another bay area housing thread..

If you're OK with buying into a market at all-time high prices at the limit of your affordability, then go for it. Otherwise, continue to rent don't invest in the stock market , save aggressively, and wait for the next crash. That's what I did in the mid-late 2000s early-mid 2010's (bought in 2012)...
by Bungo
Tue Jul 25, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 13129

Re: Another bay area housing thread..

In your joking example of Applebees's , tracking customer sales and data mining the information is actually a HUGE high tech business. That is one of the points of companies having apps, the store loyalty cards, or when they ask you for your zip code when you buy something with a credit card. I jus...
by Bungo
Mon Jul 24, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 13129

Re: Another bay area housing thread..

If you're OK with buying into a market at all-time high prices at the limit of your affordability, then go for it. Otherwise, continue to rent, save aggressively, and wait for the next crash. That's what I did in the mid-late 2000s (bought in 2012), no regrets. Many other assets are also at all-tim...
by Bungo
Mon Jul 24, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 13129

Re: Another bay area housing thread..

If RSUs decreased by 50%, we'd be stretched to our limit. A couple of observations regarding this: First, RSU income absolutely can decrease by 50% or more, as happened to many of us for a few years following the 2008 crash, due to a combination of general stock market performance, company stock pe...
by Bungo
Mon Jul 24, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 143
Views: 13129

Re: Another bay area housing thread..

If you're OK with buying into a market at all-time high prices at the limit of your affordability, then go for it. Otherwise, continue to rent, save aggressively, and wait for the next crash. That's what I did in the mid-late 2000s (bought in 2012), no regrets.
by Bungo
Sat Jul 22, 2017 7:01 pm
Forum: Personal Consumer Issues
Topic: Commuters (that drive), what do you listen to?
Replies: 60
Views: 3146

Re: Commuters (that drive), what do you listen to?

Usually one of:

Slacker Radio
Audible books
Radio Paradise

Occasionally the local NPR affiliate, but my timing is often poor and they're doing a pledge drive, in which case I turn it off.
by Bungo
Sat Jul 22, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 202
Views: 23998

Re: Netflix, Your Current Favorite Show

Some shows I've been enjoying recently:

- Poirot (for some reason they yanked the first six seasons before I had finished them, but they do still have seasons 7-13).
- Bloodline
- Rake
- Better Call Saul
- Happy Valley
- Luther
by Bungo
Wed Jul 12, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 7148

Re: Personal loan to a family member

Various family members have "borrowed" money from me over the years, adding up to tens of thousands of dollars. I've never received a penny of repayment. I closed the ATM for good about a decade ago. Relationships with the relevant family members today range from strained to nonexistent. If I could ...
by Bungo
Tue Jul 11, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 9804

Re: [Amazon Prime Day]

Pajamas wrote:Buy a $25 Amazon gift card and get a $5 promotional credit, but the credit is only for items sold by Amazon and must be used by August 26th. You can apply a gift card you buy to your own account.

https://www.amazon.com/b/?node=14485264011
Nice, free money! Just bought myself a $25 gift card.
by Bungo
Tue Jul 11, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 9804

Re: [Amazon Prime Day]

I bought an Echo for my wife, who has been wanting one for a while. It's on sale for $90, regular price is $180.
by Bungo
Tue Jul 11, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 53
Views: 4288

Re: What to wear for job interview - skip the tie?

My employer (in Silicon Valley) explicitly states in its interview invitation letter that "interview attire is business casual" (I of course wore jeans and a t-shirt, as I always do for interviews and all other occasions :D ). Nonetheless, we get an occasional candidate, always from out of state, wh...
by Bungo
Mon Jul 03, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

Recently completed The Looming Tower: Al Qaeda and the Road to 9/11 by Lawrence Wright. Excellent book focusing primarily on Al Qaeda and Osama Bin Laden, and to a lesser extent on various failures of the CIA and FBI to share information with each other which could have prevented the 9/11 attacks. C...
by Bungo
Sun Jul 02, 2017 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: When, if ever, does it make sense to cease contributing the 401K max?
Replies: 40
Views: 5494

Re: When, if ever, does it make sense to cease contributing the 401K max?

for instance, me being 30 years old and playing catchup in my 401K (currently have $60K between 401K and ROTH IRA) but wanting to start saving for a house downpayment. I did the same thing for a few years and for the same reason. I reduced my contributions to the minimum necessary to receive the fu...
by Bungo
Thu Apr 06, 2017 10:33 pm
Forum: Personal Consumer Issues
Topic: Is anyone using Apple CarPlay? My preferred car company isn't...
Replies: 33
Views: 2747

Re: Is anyone using Apple CarPlay? My preferred car company isn't...

Get a Honda; they support both Apple CarPlay and Android Auto. I'm using the latter because I have an Android phone. It's useful mainly for Google Maps. The audio is actually a step down versus ordinary Bluetooth streaming, because not all services are supported. For example, Android Auto doesn't su...
by Bungo
Mon Mar 06, 2017 2:28 am
Forum: Personal Finance (Not Investing)
Topic: Net worth milestone reached: $100,000!
Replies: 53
Views: 5165

Re: Net worth milestone reached: $100,000!

Great job! The first $100k is by far the hardest. Keep doing what you're doing, and before you know it, that first digit will tick upward again and again and again :D
by Bungo
Mon Mar 06, 2017 2:01 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

The King of California , by Mark Arax and Rick Wartzman. Very interesting history of the agricultural development of California's Central Valley, specifically the cotton-growing region centered around the (mostly former) Tulare Lake. This was once the largest freshwater lake west of the Mississippi...
by Bungo
Sun Feb 26, 2017 11:53 pm
Forum: Personal Consumer Issues
Topic: Do Boglehead DIY or Pay a Professional?
Replies: 95
Views: 8658

Re: Do Boglehead DIY or Pay a Professional?

I pay a professional for any house-related maintenance more complicated than taking out the trash. I'm a strong believer in focusing on one's strengths and recognizing one's limitations. I don't expect my plumber to write his own smart phone software, and he doesn't expect me to repair my own pipes :D
by Bungo
Sun Feb 26, 2017 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: $125K to play with...but late to the party
Replies: 6
Views: 1501

Re: $125K to play with...but late to the party

If indeed you want to use it for a property downpayment within a few years, your bank account may well be the best place to park the money.
by Bungo
Wed Feb 08, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

The Lady in the Lake, by Raymond Chandler.
by Bungo
Fri Feb 03, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Deduction SEEMS Too good to be true - What am I MISSING!?
Replies: 37
Views: 4885

Re: Mortgage Deduction SEEMS Too good to be true - What am I MISSING!?

A good chunk of any savings I realize through the mortgage interest deduction is consumed by maintenance and repairs. Don't neglect or underestimate the latter in any rent vs. buy analysis.
by Bungo
Sat Jan 28, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 7175

Re: Criteria for admittance to the 2-comma club

Seems to be quite a dichotomy, although it would seem only counting investable assets would be my thought as that would tend to be roughly equal across the world. Adding a huge amount of home equity from a California housing boom when that same home might be worth $200,000 in Iowa just seems a bit ...
by Bungo
Tue Jan 24, 2017 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: NC 401(k) Plan - Brunswick County. Enrolled in Goalmaker investment portfolio (aggressive)
Replies: 37
Views: 2051

Re: My employer only matches 5% of my salary in my company 401k

5% seems fine. My company matches 6%, but that is the highest of any of my employers during my working career. Many/most offered zero match, especially startups.
by Bungo
Thu Jan 19, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Toaster Oven Recommendations
Replies: 34
Views: 2645

Re: Toaster Oven Recommendations

I use a Breville, which has been really nice so far, but it's only a few months old so can't say how reliable it will be long-term. It replaced a Black and Decker which failed after only one year :oops:
by Bungo
Wed Dec 28, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 9329

Re: How many of you invest 100% at Vanguard?

My non-401k investments are all at Vanguard. The 401k is at Fidelity. I am starting a new job on January 3 and will probably rollover the 401k into my Vanguard IRA, for simplicity and because the 401k investment options are not great, e.g. only one index fund is available.
by Bungo
Tue Dec 27, 2016 6:41 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 13274

Re: At what age, income, and NW would you buy a $50k car?

With a paid-off house and at least $2M in retirement savings (excluding the house) I would consider it. I'm not there yet.
by Bungo
Sun Dec 18, 2016 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Earthquake insurance
Replies: 12
Views: 1711

Re: Earthquake insurance

I live in the Bay Area, which is overdue for a major quake. My house (excluding the land) is valued at about $450k. A loss of that size could easily force me to postpone retirement by a decade. So I pay for the earthquake insurance, which limits my potential loss to the deductible (about $67k), whic...
by Bungo
Wed Dec 07, 2016 1:07 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

One Summer: America 1927, by Bill Bryson.
by Bungo
Thu Dec 01, 2016 6:13 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

Fear and Loathing in Las Vegas , by Hunter S. Thompson. I always assumed that I wouldn't like this (200 pages of early '70s drug-fueled antics didn't appeal to me) but it was recommended by someone who has made good suggestions in the past, so I decided to give it a look. It is , of course, 200 pag...
by Bungo
Tue Nov 29, 2016 2:19 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Books
Replies: 22
Views: 2406

Re: Warren Buffett Books

I've read them all. My favorite is Buffett: The Making of an American Capitalist , by Roger Lowenstein. It has very interesting insights into his personality and lifestyle. This is the only one I've read. It's very good - here is a mini-review I posted a while back in one of the book threads: This ...
by Bungo
Mon Nov 21, 2016 9:52 pm
Forum: Personal Consumer Issues
Topic: Yahoo finance site going down hill?
Replies: 22
Views: 3636

Re: Yahoo finance site going down hill?

Yahoo? Netscape? What is this, 1999? :D
by Bungo
Mon Nov 14, 2016 1:44 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime: doing the math...is it worth it?
Replies: 111
Views: 14010

Re: Amazon Prime: doing the math...is it worth it?

We get ours in two days, like clockwork, but we live near NYC. For many years, I had the same experience in the SF Bay Area. Two-day delivery was the norm, and if I needed something more quickly, I could pay the premium (I think it used to be $3.99) to get it the next day. But in the past year or t...
by Bungo
Fri Nov 11, 2016 11:47 am
Forum: Personal Consumer Issues
Topic: What kind of apartment can $1k get you in your city?
Replies: 80
Views: 8234

Re: What kind of apartment can $1k get you in your city?

Come to the SF Bay Area, where $1k/month will get you a room in someone else's apartment, and if you're lucky you won't have to share the room.
by Bungo
Thu Nov 10, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Would a Computer Science certificate benefit my career?
Replies: 29
Views: 2421

Re: Would a Computer Science certificate benefit my career?

If you can find a way to get some programming experience at your current job, that would carry a lot more weight than a certificate.
by Bungo
Tue Nov 08, 2016 2:03 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

What is your favorite of his more recent books? 11/22/63 Time travel centered on the JFK assassination. I agree. Finished and started watching the mini-series on Hulu. It's awful. They've rewritten the story for no discernible reason. Thanks, I'll check it out (the book, not the mini-series). I end...
by Bungo
Fri Nov 04, 2016 4:37 pm
Forum: Personal Consumer Issues
Topic: New Dentist - Lots of Recommended Work
Replies: 55
Views: 6804

Re: New Dentist - Lots of Recommended Work

My wife had the same experience. We relocated and had to change dentists. The first one we tried told her that she needed 9 or 10 fillings, which seemed very dubious as her teeth had been fine at the previous cleaning a year earlier. We got a second opinion and were told that she didn't need any fil...
by Bungo
Thu Oct 27, 2016 11:36 am
Forum: Personal Consumer Issues
Topic: How many have moved from California due to Cost of Living?
Replies: 108
Views: 13499

Re: How many have moved from California due to Cost of Living?

Based upon the data, this isn't really true. Many of the places with the highest percentage of biking and walking commuters are hardly HCOL. Before I even clicked on the links, I knew the list would be dominated by college towns. It makes complete sense - most of these towns are set up with the uni...
by Bungo
Tue Oct 25, 2016 1:26 pm
Forum: Personal Consumer Issues
Topic: How many have moved from California due to Cost of Living?
Replies: 108
Views: 13499

Re: How many have moved from California due to Cost of Living?

If house prices hadn't crashed during 2008-2012, I would have left Silicon Valley by now. I was fortunate to be able to buy at a discounted price during the bust. Will be leaving upon retirement instead. (Indeed, retirement will be possible only if I leave! :D )
by Bungo
Tue Oct 25, 2016 12:39 pm
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 17932

Re: The riskiness of home ownership

Of course taxes and insurance go up over time. But I feel OVER TIME rents will increase much by more than my R.E. taxes will. If I plan well, in 15 years or less I am VERY CONFIDENT that I will own, outright, a valuable asset that I can live in with a very low monthly payment of taxes and interest ...
by Bungo
Tue Oct 25, 2016 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Liquidating RSUs
Replies: 41
Views: 4016

Re: Liquidating RSUs

Nevertheless, for the vast majority I would recommend a more prudent liquidation plan. Not sure I would cash all as soon as vested though. Certainly,in the case of options, that would be passing up a lot of time value . Only if you don't reinvest the proceeds elsewhere. I view it as a mandatory reb...
by Bungo
Mon Oct 24, 2016 7:46 pm
Forum: Personal Consumer Issues
Topic: Declining Service Expectations. Are there any excellent companies still out there?
Replies: 81
Views: 7714

Re: Declining Service Expectations. Are there any excellent companies still out there?

???? Blevine. If you don't like them I get it. BUT I like Scottrade and my Scottrade accounts. I also like vanguard Mutual funds and I hold lots of them in my Scottrade accounts. Compared to Vanguard, Scottrade has great customer service. They have good account management. They know how to manage m...
by Bungo
Fri Oct 21, 2016 4:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

Salem's Lot by Stephen King I read Salem's Lot several years after reading some of his later books. I was impressed by the language, story and plotting, perhaps more so than the later books. I still read almost all he writes, liking most of it. He's a talent, obviously. When I was a teenager in the...
by Bungo
Fri Oct 21, 2016 12:07 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2592
Views: 821053

Re: What Book Are You Currently Reading? Part VI

Salem's Lot by Stephen King
by Bungo
Wed Oct 19, 2016 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice part 2 (ego, startup, hedge funds)
Replies: 97
Views: 11618

Re: Very tough career choice part 2 (ego, startup, hedge funds)

You have a great situation now, despite the politics. You are making more or less the same compensation as me, but I'm older than you and am paying the Silicon Valley cost of living. Don't underestimate the value of being able to live in a cheap city (assuming you like Sacramento) while earning a Ba...
by Bungo
Wed Oct 19, 2016 5:33 pm
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 17932

Re: The riskiness of home ownership

The reality is most people would NEVER own a home, if they followed the net worth rule presented. Most Bogleheads wouldn't, let alone the average person out there. Then there's young folks, young families, student loans.... If most people followed these rules, house prices would come way down, and ...
by Bungo
Fri Oct 07, 2016 3:37 pm
Forum: Personal Consumer Issues
Topic: Best Albums of 2016
Replies: 90
Views: 8324

Re: Best Albums of 2016

When I first saw this post, I thought, surely I haven't listened to any 2016 albums at all. I don't really keep up with current music anymore. But then I remembered David Bowie's Blackstar (released January 8 of this year). So, that one. :D