Search found 906 matches

by Bungo
Sun Oct 13, 2019 2:17 pm
Forum: Personal Investments
Topic: Where to Park Funds for Down Payment
Replies: 14
Views: 984

Re: Where to Park Funds for Down Payment

Thank you all for the advice so far. The amount of purchase is just an aspiration, and in any case no matter the amount - a down payment is needed. So, my question is really how would you go about savings? If it's 2-3 years or 5 - well, to me the point is what is the best approach to do that. Is it...
by Bungo
Wed Sep 25, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: DFW to Tasmania - 15 hour time change
Replies: 51
Views: 3035

Re: DFW to Tasmania - 15 hour time change

As soon as a date for the trip was discussed, would have immediately scheduled PTO for the same time to avoid the trip. Also, having an expired passport helps. I tried the expired passport trick once (didn't really fancy traveling to Madrid in August), but my employer simply paid for an expedited r...
by Bungo
Wed Aug 14, 2019 1:53 am
Forum: Personal Investments
Topic: DCA vs lumpsum for company RSUs
Replies: 7
Views: 631

Re: DCA vs lumpsum for company RSUs

I always sell employer stock as soon as it vests. Otherwise, it's too many eggs in one basket and avoidable single-company risk. Even if I were inclined to buy stock in individual companies, I would ask myself, if I received the same sum in cash, would I use it to buy my employer's stock? If not, th...
by Bungo
Sun Jul 07, 2019 12:54 am
Forum: Personal Consumer Issues
Topic: No more print Mad magazine
Replies: 31
Views: 2454

Re: No more print Mad magazine

CardinalRule wrote:
Sat Jul 06, 2019 9:21 am
I hadn't read it in ages, either. Millennial Pete Buttigieg's retort to President Trump was pretty telling, in recent retrospect: “I’ll be honest. I had to Google that.”
I'll be honest. I had to Google that quote.
by Bungo
Wed Jun 26, 2019 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Considering adding second level to house [Bay Area]
Replies: 40
Views: 3357

Re: Considering adding second level to house [Bay Area]

4) Be sure to look at the property tax implications. I don't know how that works in California but in some areas that could result in a big tax increase because you would lose a basis that you are grandfathered in on. Seems that the best case is that your new assessed improvement value is based on ...
by Bungo
Tue Jun 18, 2019 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC Options
Replies: 19
Views: 1629

Re: HELOC Options

I am thinking under the new itemization rules, HELOC interest is not deductible unless it is for home purchase or cap improvement If the HELOC is used for the downpayment on a home , would it be deductible ? It appears to be the case, if I'm reading this correctly: https://www.irs.gov/newsroom/inte...
by Bungo
Tue Jun 04, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: Amazon free shipping, bait-and-switch?
Replies: 46
Views: 4676

Re: Amazon free shipping, bait-and-switch?

I'm not getting any non -free options for that item: Choose your Prime delivery option: Tomorrow FREE One-Day Delivery Thursday, June 6 Your Amazon Day FREE delivery on your preferred day of the week. Choose your Amazon Day Tuesday, June 11 - Wednesday, June 12 FREE No-Rush Shipping Get a $1 reward ...
by Bungo
Sat Jun 01, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: How do BH define Cost of Living Cities
Replies: 48
Views: 2906

Re: How do BH define Cost of Living Cities

This list jibes with my experience putting NY, HI, AK, CA cities at the top of the list. Bloomington IN surprised me at #9 but I haven't been there so I guess it must be pretty posh. https://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2018®ion=019 That has to be a typo. There's no wa...
by Bungo
Sat Jun 01, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: How do BH define Cost of Living Cities
Replies: 48
Views: 2906

Re: How do BH define Cost of Living Cities

I think the COL index is meaningless unless you're a new arrival. Long term homeowners in nominally HCOL cities usually have much lower costs than suggested by the index. Certainly true in the SF Bay Area, where only the newcomers are paying the insane $3-4k/month for an apartment, which is presuma...
by Bungo
Fri May 31, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 40250

Re: For those who earn $500k+ per year. How'd you do that?

Nothing particularly special. Senior software engineer in the Bay Area at one of the FAANG companies, negotiated a good RSU package and employer stock has been doing well (roughly half of my total income). Have only been above $500k AGI for the past two years, though, and not very much above.
by Bungo
Fri May 31, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: How do BH define Cost of Living Cities
Replies: 48
Views: 2906

Re: How do BH define Cost of Living Cities

I think the COL index is meaningless unless you're a new arrival. Long term homeowners in nominally HCOL cities usually have much lower costs than suggested by the index. Certainly true in the SF Bay Area, where only the newcomers are paying the insane $3-4k/month for an apartment, which is presumab...
by Bungo
Sun May 26, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 13278

Re: Is the housing market starting to collapse?

The Bay Area market certainly feels cooler than recent years. Houses are taking longer to sell, sale prices are lower, and price cuts are not uncommon. Of course this is happening, as I'm hoping to pull up stakes and retire out of state in the next year or two. You're welcome. :D
by Bungo
Tue May 21, 2019 1:21 pm
Forum: Personal Consumer Issues
Topic: Recently promoted - how to match image with title?
Replies: 54
Views: 5236

Re: Recently promoted - how to match image with title?

So glad I live in California and work in tech. I could wear pajamas to work and no one would bat an eye.
by Bungo
Mon May 06, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Roku
Replies: 37
Views: 4604

Re: Roku

Is the Roku like the systems I am used to. Do you look through a long list of codes for a manufacturer's code number(s) and then try them one-by-one to see if any of them work? It just worked automagically for me. I did a bit of digging to find out why. Here's what Roku's support site has to say: h...
by Bungo
Mon May 06, 2019 12:11 am
Forum: Personal Consumer Issues
Topic: Roku
Replies: 37
Views: 4604

Re: Roku

I have a similar configuration with Roku connected to a Marantz receiver via HDMI. It works fine, and the Roku volume control does in fact control the Marantz volume, so this does work with at least some AV receiver brands. I don't think I had to do any configuration to make the volume control work,...
by Bungo
Wed Apr 24, 2019 2:15 pm
Forum: Personal Consumer Issues
Topic: When is it worth it, and not, to live in a (very) high COL region?
Replies: 31
Views: 2862

Re: When is it worth it, and not, to live in a (very) high COL region?

Same situation in the SF Bay Area, except the 50-year-old fixer will cost you $1.5 million. I live here because (1) I was able to buy my house in 2012 for about 50% of its current market value, (2) it is the best job market for a software engineer by a large margin, (3) I'm earning about double what...
by Bungo
Wed Apr 24, 2019 1:42 am
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 126
Views: 12541

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

Health insurance is the main reason in my case. I can pull the trigger now and gamble on ACA remaining intact for the next 15 years, or I can grit my teeth for three more years and have access to my employer's retiree health insurance (and quite a lot more money from RSU vesting, but that's not the ...
by Bungo
Tue Apr 23, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: At what age did you buy your first first class airplane ticket?
Replies: 112
Views: 5243

Re: At what age did you buy your first first class airplane ticket?

I've paid (using either cash or miles) for first class domestically a few times. It's nowhere near as expensive as international, and it is nice to avoid the main cabin zoo. First time was around age 47 or 48. Have flown business class internationally but on employer's dime - too rich for my blood. ...
by Bungo
Mon Apr 01, 2019 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a stash of vacation days as unemployment "insurance"
Replies: 70
Views: 5647

Re: Keeping a stash of vacation days as unemployment "insurance"

I trust cash in the bank more than I trust any employer to pay out unused vacation time when I depart. I also need days off to recharge. In fact, this year I'm using a vacation day every month to buy myself a 3-day weekend, or extend an existing one. Just took last Friday off, in fact. I love it!
by Bungo
Sun Mar 31, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: How will you spend your retirement money?
Replies: 86
Views: 10368

Re: How will you spend your retirement money?

On health insurance, primarily, at least until age 65.
by Bungo
Wed Jan 16, 2019 9:25 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 218
Views: 18938

Re: Are You Dumping Netflix?

$12.99/month is still very good value as far as I'm concerned. I probably wouldn't even think about dumping the service unless the price hits $40-50, or if they introduce ads that can't be avoided by paying for a higher tier.
by Bungo
Tue Dec 25, 2018 12:54 am
Forum: Personal Investments
Topic: Should I hold, rather than sell, tech RSUs in light of downturn?
Replies: 13
Views: 1309

Re: Should I hold, rather than sell, tech RSUs in light of downturn?

If you had the same amount in cash, would you choose to invest it in your employer's stock? If not, then you should sell and use the proceeds to buy whatever you would normally invest in. Capital gains tax is a nonissue if you sell as soon as it vests, as there is no gain to tax.
by Bungo
Mon Dec 24, 2018 11:33 pm
Forum: Investing - Theory, News & General
Topic: Worst prediction ever?
Replies: 15
Views: 2341

Re: Worst prediction ever?

This one is surely a candidate for the worst prediction of this century: "At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to al...
by Bungo
Mon Dec 24, 2018 11:20 pm
Forum: Personal Investments
Topic: What do you do with your down payment money?
Replies: 36
Views: 2940

Re: What do you do with your down payment money?

I used a plain old savings account as interest rates on CDs were negligible at the time (2009-2012) and I wasn't sure exactly when I was going to buy. I was trying to time the market bottom. Got pretty close to a bullseye. :D
by Bungo
Mon Dec 24, 2018 10:53 pm
Forum: Personal Investments
Topic: Anyone rebalancing?
Replies: 36
Views: 2553

Re: Anyone rebalancing?

I rebalanced a couple of weeks ago, may need to do it again before too long if the stock market keeps sliding. Will check in another month or two (normally I only check once or twice a year).
by Bungo
Mon Dec 24, 2018 1:13 am
Forum: Personal Consumer Issues
Topic: French Press recommendations
Replies: 24
Views: 1571

Re: French Press recommendations

The glass ones are a horrible mess to clean up if they break, I speak from bitter experience. Also, the steel versions maintain heat longer, if that matters to you. You can also take them camping, which I wouldn't recommend with a glass model. I use this one now: https://www.amazon.com/gp/product/B0...
by Bungo
Tue Nov 27, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1550
Views: 163884

Re: What Movie Have You Recently Watched?

Hi guys, My first post so I thought I'd ease into this. Just binge watched stranger things 2 season. It was awesome for a gen xer like. I'm curious how younger and older bogleheads think of it? I liked the first season (Gen xer as well, grew up in the '70s/'80s), but found the second season to be c...
by Bungo
Mon Nov 26, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 69181

Re: Name something you had to have and now you regret purchasing it?

Hands down, the swimming pool that came with my house which I've used maybe once per year. Huge waste of space, water, and energy. Finally decided enough is enough and had it filled in last month :D Should have done it years ago.
by Bungo
Mon Nov 26, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 6350

Re: New TV Recommendations Please?

Just replaced a Samsung LCD 55" with an LG OLED 65". Expensive upgrade but by far the best picture quality of any TV I have owned.
by Bungo
Sun Nov 25, 2018 1:42 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 23099

Re: What is your allocation to U.S. and International?

My stock allocation is 50/50 US/international, thus a slight tilt toward the US (market weight would be 43/57) which I justify for the sake of simplicity.
by Bungo
Wed Aug 22, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 11429

Re: I own 1,387 items!

I'm sure I have more than 1000 items in my garage alone.
by Bungo
Sat Aug 11, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 7455

Re: Paper checks yes or no?

I don't write many physical checks, but there are a couple of categories where it's the easiest solution. One category is a bill that requires payment to be accompanied with some physical piece of paper and where other types of payment are not accepted or carry a surcharge, e.g. property tax, some m...
by Bungo
Tue May 22, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 104
Views: 7865

Re: How have you upgraded your wardrobe?

Professional attire here in Silicon Valley is t-shirt and jeans, thankfully :D
by Bungo
Sun May 20, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Door Dash: Has anyone used?
Replies: 14
Views: 2803

Re: Door Dash: Has anyone used?

mak17f wrote:
Sun May 20, 2018 5:20 pm
If you buy a Doordash monthly pass for $10, the service and delivery fees are waived. Essentially, you only pay a tip to a dasher.
How do you buy a monthly pass? This is the first I've heard of it. Can't find any reference to it on their website.
by Bungo
Sun May 20, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Door Dash: Has anyone used?
Replies: 14
Views: 2803

Re: Door Dash: Has anyone used?

My wife and I use it fairly often. Not sure I understand the "glorified" adjective. It is a food delivery service, period. It has a significantly better selection of restaurants than the alternatives that I'm aware of (Uber Eats and Amazon). It's quite overpriced compared with the competition (and a...
by Bungo
Sat May 19, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Finance a $28,000 house for Brother?
Replies: 73
Views: 6474

Re: Finance a $28,000 house for Brother?

In my experience, "loans" to family members are never paid back and can cause irreparable harm to family relations. I've done it in the past but would never do it again. Agree with others that the house sounds like a money pit. If your brother can't afford $28k (less than the cost of a car), how is ...
by Bungo
Sat May 19, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: UPDATE: Requesting to go part time - negotiating strategies
Replies: 45
Views: 5810

Re: Requesting to go part time - negotiating strategies

Would working from home 2-3 days a week give you the flexibility you need? Depending on the specifics of the job and employer, that may be easier to negotiate than going part-time, and you would be able to keep your full-time salary and benefits.
by Bungo
Thu May 17, 2018 11:32 am
Forum: Personal Consumer Issues
Topic: Free skin cancer screenings
Replies: 26
Views: 2953

Re: Free skin cancer screenings

I've had three basal cell carcinomas removed and go in for quarterly screenings, and probably will do so for life. It's cheap peace of mind. Basal cell carcinoma itself is not very threatening, but if you've had skin cancer of any kind, you're at significantly higher risk of melanoma, which is extre...
by Bungo
Tue May 15, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Any experience with Blue Apron?
Replies: 34
Views: 3715

Re: Any experience with Blue Apron?

My wife and I tried it for a few months but eventually cancelled. The food was decent but, as others have noted above, the prep times were considerably longer than indicated by the recipe. Occasionally they failed to include key ingredients in the shipment, necessitating a last-minute trip to the gr...
by Bungo
Mon May 14, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: When is the right time to buy a house?
Replies: 31
Views: 3905

Re: When is the right time to buy a house?

Everyone says not to waste money on rent. Personally, I just waited so long because I haven't done any research on home buying. I would not worry about "wasting" money on rent. The money is not wasted. You are getting a service (shelter) in return for your money. If you buy a house, you will "waste...
by Bungo
Fri May 11, 2018 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: ques
Replies: 47
Views: 5314

Re: Should I pay cash for a house?

Be sure to take advantage of the strong position you will be in as the buyer: unless you're in a market where paying cash is the norm, you should be in a good position to negotiate aggressively with the seller to reduce the price, get him to pay all the closing costs, etc. I think YMMV. In our area...
by Bungo
Fri May 11, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: ques
Replies: 47
Views: 5314

Re: Should I pay cash for a house?

Yes, pay cash, so long as you're not pulling money out of tax sheltered accounts to do so. People commenting that this is too much concentration are likely not factoring in your age IMO, and that many 30 year olds typically have negative net worth. I also wouldn't sweat the "only 1.5 bath" comments...
by Bungo
Fri May 11, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: ques
Replies: 47
Views: 5314

Re: Should I pay cash for a house?

+1 in favor of paying cash. I don't see any reason to bother with a mortgage. If you decide you want one later, you can always get one. Be sure to take advantage of the strong position you will be in as the buyer: unless you're in a market where paying cash is the norm, you should be in a good posit...
by Bungo
Thu May 10, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: To Sell or Not to Sell
Replies: 15
Views: 1369

Re: To Sell or Not to Sell

Agree with others that there's no obvious reason or need to sell. I would:
  • Keep the house
  • Build up emergency fund, if needed
  • Pay off loans in decreasing order of interest rate
while contributing enough to the 401(k) to get the full employer match, if applicable.
by Bungo
Sun Apr 29, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 14388

Re: Cashing out of the Bay Area

My point is that unless one is completely, irrevocably sure that they are never going to return to the Bay Area, a safer bet would be to rent out the house. The downside risk for someone who bought many years ago is minimal, unless one plans to time the market at the "peak" and get out. Which, when...
by Bungo
Sat Apr 28, 2018 1:32 am
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 15111

Re: How did you tell the boss you're leaving/retiring?

Nick Lowe said it best:

I'm giving you my notice
And it works this way
In two weeks' time
You will notice I've been gone
For fourteen days


https://www.youtube.com/watch?v=wsH3wY-nEkw
by Bungo
Fri Apr 27, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 14388

Re: Cashing out of the Bay Area

What's your rollback plan if you realize after a year out of SF that you want to move back? Would you be able to buy back your house? There's zero chance that I would want to move back. I don't like the Bay Area anymore and doubt that I would even visit after I leave. I'm only here for work. Perhap...
by Bungo
Wed Apr 25, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 14388

Re: Cashing out of the Bay Area

The other aspect to consider is how much you value those extra two (?) years of freedom if you have “enough” today. I've tried to restrict my analysis to tangible financial factors, but of course you're right. I value freedom very highly, enough that I've always planned to retire as soon as I had e...
by Bungo
Wed Apr 25, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 14388

Re: Cashing out of the Bay Area

I meant that until those RSUs vest, they have no value. A lot can change in two years -- companies go bankrupt, people get fired, etc. When (and if) they do vest, their value is tied to stock market conditions at the time. I wouldn't plan on them having a particular value -- but I would estimate th...