Search found 313 matches

by Frisco Kid
Tue Feb 20, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Staying Motivated: How do you ward off hopelessness?
Replies: 33
Views: 3439

Re: Staying Motivated: How do you ward off hopelessness?

Consider becoming a student of Stoicism. www.dailystoic.com will get you started.
by Frisco Kid
Sun Feb 18, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 133
Views: 7575

Re: Do you wear a wedding band?

I do not, wife of 42 years is ok with that......
by Frisco Kid
Sun Feb 18, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 163
Views: 10242

Re: What has been your most important skill in achieving financial independence?

Lived in a VHCOL area our entire lives making it challenging to save a high % of income. What worked for us was saving enough in our 401k's to get the company match as a minimum and maxing when we could which really wasn't that often. Discipline to stay the course was important too as was a long tim...
by Frisco Kid
Fri Feb 09, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Multiiple indicator lights on (car)
Replies: 44
Views: 1622

Re: Multiiple indicator lights on (car)

OP did not say CHECK ENGINE LIGHT was on so no need to check for codes. Service light merely indicates oil needs changing. Check oil level and add oil, check tires and add air. Take car to shop and have charging system checked. No disrespect but this indicates a car whose owner is not maintenance or...
by Frisco Kid
Mon Feb 05, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 7822

Re: "Bitcoin is my potential pension"

Ahhh to be young. As 22 year old's many of us spent time and money "chasing rainbows" which tickled our fancy. For me it was playing the horses. After all at that age we thought we knew everything anyway. Throughout life via the school of hard knocks hopefully one gains wisdom?
by Frisco Kid
Mon Feb 05, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Can/should we buy this much house?
Replies: 9
Views: 1229

Re: Can/should we buy this much house?

Can you afford it? As others have said...Yes. Should you buy it is another question. With a new job you don't really know how things will work out. fortunately you have an adequate emergency fund. Any more kids planned and when will your kids enter the public school system?
by Frisco Kid
Sun Feb 04, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: What would you do with this car?
Replies: 27
Views: 1361

Re: What would you do with this car?

OP, sounds like you have had a change of heart regarding making the payments. Is that what has made what was your dream car no longer your dream car? A G550 as you know is a very niche specific vehicle, what made you want it in the first place?
by Frisco Kid
Mon Jan 29, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 424
Views: 33218

Re: What frugal thing did you do today?

DW and I worked in the garden all day and ate our meals at home....... Didn't even start the car!
by Frisco Kid
Mon Jan 29, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: BMW All Surface Protection Program
Replies: 11
Views: 715

Re: BMW All Surface Protection Program

OP, In a different post you mentioned that you wanted to keep your new BMW really shiny. If you have your car professionally detailed once per year for 7 years you will spend more than $1200 anyway. Is there a way you can give us an idea of what this program covers and how often it can be used? $120...
by Frisco Kid
Mon Jan 29, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: H&R Block 1099G state tax refund issue
Replies: 15
Views: 937

Re: H&R Block 1099G state tax refund issue

Reasons like this is why many of us continue to do our taxes BY HAND......
by Frisco Kid
Mon Jan 29, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Keeping a new BMW shiny!
Replies: 27
Views: 2322

Re: Keeping a new BMW shiny!

Myself and all my car buddies use products from Griot's Garage and/or Zaino. Use of a high quality car cover to be used anytime the car is not being driven helps A LOT. If your car is a daily driver keeping it REALLY clean by hand is a huge task............ Good luck, would be interested in hearing ...
by Frisco Kid
Mon Jan 29, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Certified Used BMW, Audi or Mercedes
Replies: 53
Views: 3921

Re: Certified Used BMW, Audi or Mercedes

In the past no question the German brands were more expensive to maintain. My gut tells me as ALL cars become more complex/expensive seemingly on a yearly basis car maintenance will be expensive REGARDLESS of what brand you drive. Parts are more expensive as is labor and it takes longer to perform j...
by Frisco Kid
Wed Jan 24, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Losing job soon but have big nest egg -- problem?
Replies: 20
Views: 2957

Re: Losing job soon but have big nest egg -- problem?

You have done an amazing job of building wealth, congrats. Look at all of the positives to include $2.8M PLUS a paid off house and an employed wife who likes her job and makes good $ with health care benefits. Worries, what worries? You can take plenty of time to consider where to go next. You have ...
by Frisco Kid
Sun Jan 21, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Window replacement - any advice? Lessons learned?
Replies: 50
Views: 6860

Re: Window replacement - any advice? Lessons learned?

A point not mentioned yet in other responses is to consider which type of window you want. We took our contractors advice to replace the original double hung style in our master bedroom with casement style (crank out) as your view is enhanced through the single piece of glass. That is absolutely tru...
by Frisco Kid
Fri Jan 19, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Chevron
Replies: 8
Views: 511

Re: Qualified Dividends Chevron

In previous years put full amount on line 9a Form 1040 from 1099 form 1a (Total Ordinary Dividends) and left line 9b Form 1040 blank even though 1099 box 1b (Qualified Dividends) shows same amount as box 1099 1a. Like many am always learning which is what I appreciate about the BH community.. Did I ...
by Frisco Kid
Fri Jan 19, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Chevron
Replies: 8
Views: 511

Qualified Dividends Chevron

Was under the impression that my Chevron dividends listed as Total Ordinary Dividends in Box 1A of my 1099-DIV were to be treated as ordinary income and filed as such the last couple of years. I see the same amount is listed in Box 1B as Qualified Dividends. Is this telling me these dividends are ta...
by Frisco Kid
Wed Jan 17, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: Car/Motorcycle Jump Starter?
Replies: 17
Views: 802

Re: Car/Motorcycle Jump Starter?

I have found the challenge is in keeping the jump start battery charged along with how low the battery you are trying to jump has gotten. I now don't even bother with them and either jump start via cables or call road service. Also they only last so long. Great convenience item when they work correc...
by Frisco Kid
Tue Jan 16, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: pay off 401k loan or not?
Replies: 17
Views: 1290

Re: pay off 401k loan or not?

If I understand correctly, a 401K loan balance is NOT invested in the market so you would not make any gains on that amount. Using last year as an example invested at your AA you would have made significantly more $ than interest payments would have cost. I would use the HELOC to pay off the 401K lo...
by Frisco Kid
Tue Jan 16, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: 24 year old with a little over a million looking for a stable income.
Replies: 15
Views: 2655

Re: 24 year old with a little over a million looking for a stable income.

Having $1M at your age is a HUGE advantage, many work a lifetime to acquire that amount. Time is on your side, give careful consideration as to how you proceed. Three years from now you don't want to find you have burned through most of the $ to realize you have not yet "found yourself" 3 fund portf...
by Frisco Kid
Tue Jan 16, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Help with young family portfolio
Replies: 12
Views: 1166

Re: Help with young family portfolio

At your age with two young kids a mortgage and DW primarily a SAHM liquidity is king! Pad your emergency fund for now and do start contributing to your 401K. I would not get caught up in numbers posted on this forum by others or become obsessed with being debt free. You are doing fine with your TOTA...
by Frisco Kid
Tue Jan 16, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: 29 years old, newly married. Need help allocating ~$3300/month
Replies: 8
Views: 1438

Re: 29 years old, newly married. Need help allocating ~$3300/month

Since DH recently started a job in a volatile industry and you are newly married with plans to start a family soon makes sense to me to have liquidity as my top priority. Half to increase emergency fund and half to taxable?
by Frisco Kid
Sun Dec 31, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Outbuilding Height For Resale - 10ft or 14ft
Replies: 11
Views: 1044

Re: Outbuilding Height For Resale - 10ft or 14ft

An additional advantage for resale with a higher wall height is that an automotive enthusiast could install a lift(s). 70 x 30 with a lift would make for a very nice hobbyist shop/man cave allowing either service work or car storage with one car over the other.
by Frisco Kid
Sat Dec 30, 2017 7:32 am
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 9444

Re: I Want to Buy a Horrible, Expensive Car

OP, your intended usage has Toyota 4 Runner written all over it IMHO.
by Frisco Kid
Sun Dec 24, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Implications of tax bill on residential real estate (house prices)
Replies: 62
Views: 5804

Re: Implications of tax bill on residential real estate (house prices)

Another factor that may effect home pricing in VHCOL areas is that mortgage interest can now only be written off up to $750k down from $1M. Add that to the SALT cap of $10k and potential lost deductions to some would be massive. State and property taxes are pretty much set but losing 25% of the mort...
by Frisco Kid
Sat Dec 23, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Overpaying 2017 State Income Taxes to maximize 2017 federal SALT deduction
Replies: 6
Views: 2128

Re: Overpaying 2017 State Income Taxes to maximize 2017 federal SALT deduction

Be careful with over payments as your refund is taxable for the following year making sure that amount doesn't bump you up a bracket....... If I understand correctly for 2018 the challenge will be to hit your state tax withholding as close as possible to maximize remaining SALT deduction space. Assu...
by Frisco Kid
Fri Dec 22, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 21365

Re: Do you see a meaningful change in your income with new Tax Bill?

No, looks like we will see a small (less than 1%) increase in taxes. MFJ no kids living in CA. We are fortunate, have several friends/neighbors not very happy right now. SALT cap in high property and state tax states going to be a killer..............
by Frisco Kid
Tue Dec 19, 2017 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 6689

Re: Can I afford it: Dodge Challenger

I really see no downside here, as others have said $35k is reasonable money these days and the car has decent resale value. Folks in the Honda/Toyota camps and non enthusiasts don't understand this type of car. For you non car people the name Scat Pack goes back to Dodge's line of high performance c...
by Frisco Kid
Tue Dec 12, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: Microwave - Reliable built-in with vent?
Replies: 11
Views: 780

Re: Microwave - Reliable built-in with vent?

A knowledgeable appliance salesperson will share with you that a microwave with a built in vent is going to provide marginal performance at best as they are designed for convenience. These are really not a good idea..................
by Frisco Kid
Tue Dec 12, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Where might be car security system "secret" button?
Replies: 17
Views: 1687

Re: Where might be car security system "secret" button?

Do you plan on using the alarm? If not, the instruction booklet will tell you where the system picks up power. Path of least resistance might be to electrically disconnect it. As a former tech I can say from experience troubleshooting anything aftermarket may cause issues.
by Frisco Kid
Fri Dec 08, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Extended warranty on 2018 Outback
Replies: 47
Views: 1809

Re: Extended warranty on 2018 Outback

Former mechanic here....For anyone planning on keeping a car a long time an extended warranty makes sense to me, consider it an additional cost of ownership. I say that because cars are getting more and more complex with added electronics and computers for every system. I did not always think this w...
by Frisco Kid
Fri Dec 08, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 50
Views: 3077

Re: Fuel Additives for 2017 Toyota Camry

Ethanol separation can be a problem but typically in older vehicles with rubber parts in their fuel systems and when cars are stored. If you run through a tank monthly you should be fine. Any issues would be covered under warranty initially anyways.
by Frisco Kid
Thu Dec 07, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27962

Re: Why not take Social Security at 62

Our main concern with delaying past FRA (66 for us) is that there is no way to know what changes in future benefits may be. If we use tax deferred funds to cover the 4 year gap that $ is gone. What if we do that and future benefits are reduced? A couple of years away from having to make that decisio...
by Frisco Kid
Thu Nov 30, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 112
Views: 17147

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

In Op's own words new position is with a company where the environment is more intense and hard driving. To me that says it all, makes sense to stay put. 4 to 6% yearly raises are not all that bad either.
by Frisco Kid
Wed Nov 29, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 6037

Re: When to tell the SO about my financial situation?

+1 with the question are you old enough to be her daddy? I see red flags a plenty, specifically her looking into your personal things. 7 months is no time at all in a relationship. Proceed VERY carefully OP......................
by Frisco Kid
Tue Nov 28, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 9217

Re: Can I afford a $1,400,000 house

Another no vote here for all the reasons previously mentioned................
by Frisco Kid
Tue Nov 28, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5679

Re: How Do You Stay Current With Popular Music?

No help here regarding current music. Totally old school audiophile listening on 70's era equipment. Was locked primarily into 1957 to 1972 as a kid and remain there today at age 63. There are many new releases from old artists coming out all the time however on labels such as Ace, Kent, Teensville,...
by Frisco Kid
Tue Nov 28, 2017 9:03 am
Forum: Investing - Theory, News & General
Topic: LCOL vs HCOL real estate - which is the better buy?
Replies: 13
Views: 1258

Re: LCOL vs HCOL real estate - which is the better buy?

Watty's point below is true. We bought in the Bay Area in 1983 with a 11.9% NEGATIVE AMORTIZED loan. Home cost was $170k and represented 4x income at that time. What is mind boggling is that mortgage interest rates were well over 10% then so that adjusted for inflation the mortgage payment on a $200...
by Frisco Kid
Mon Nov 20, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Unexpectedly in the housing market--should we buy this house or wait?
Replies: 29
Views: 3488

Re: Unexpectedly in the housing market--should we buy this house or wait?

I also see no reason to rush and buy now, being able to buy a home for 1x yearly income puts you in an outstanding position. If you are considering new construction do make sure the new home will be completed and ready for move in per your timeline so you don't find yourself needing temporary housin...
by Frisco Kid
Mon Nov 20, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 108
Views: 13629

Re: The valet smashed my Tesla into a brick wall!

I can't even imagine the level of frustration I would have in this circumstance, my wife would have walked me offsite to help me control my anger all the while whispering to me to take deep breathes. Nobody is paranoid or a weenie when opting for self park IMHO. Hopefully this will work out, please ...
by Frisco Kid
Tue Nov 14, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 2297

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

For the type of cooking you are doing a "properly sized" externally vented hood would do a much better job of ventilating your kitchen. People in the trades have told me a microwave with a vent is marginal at best, regardless of how it is vented.
by Frisco Kid
Tue Nov 14, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 5871

Re: Keurig died...what now?

Sadly many things today are built to a price point with planned obsoiecence the manufacturers primary goal. We have had several Keurigs die after about a year. Always bought at Costco so were able to exchange but got to be a hassle. We recently upgraded to a Mocha Master however it does not offer K ...
by Frisco Kid
Tue Nov 14, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: places to live near Stanford University
Replies: 35
Views: 3023

Re: places to live near Stanford University

OP, Palo Alto is currently one of the highest cost of living areas in the country. Surrounding areas also tend to be very expensive. You could consider living in the San Jose or Fremont areas but the commute will be brutal. Commuting INTO Palo Alto from anywhere in the area during normal work hours ...
by Frisco Kid
Mon Nov 13, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Audiophile Headphones
Replies: 31
Views: 2797

Re: Audiophile Headphones

As others have mentioned, the rest of your equipment matters. I listen to Grado GS1000i's with their matching dedicated headphone amp and they do reproduce EVERYTHING. Unless a person plans to listen seriously through a minimum of mid quality stereo equipment and good source material, you probably w...
by Frisco Kid
Tue Nov 07, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: Fair Price for a Kitchen Remodel
Replies: 37
Views: 3930

Re: Fair Price for a Kitchen Remodel

If your material estimates are fairly accurate, $124k does seem excessive considering you are keeping appliances and flooring with minimal plumbing or electrical work required. As others have suggested if this work is not time sensitive makes sense to wait. An aside going forward will be increased m...
by Frisco Kid
Fri Nov 03, 2017 7:09 am
Forum: Personal Consumer Issues
Topic: Honda Care Extended Warranty experience?
Replies: 53
Views: 29388

Re: Honda Care Extended Warranty experience?

Cars in general regardless of manufacturer are becoming more complicated each model year. IMHO you cannot compare the owner experience from a 2008 in considering an extended warranty on a 2018 as the cars are two different animals. Sure, Hondas are known for solid mechanical reliability but consider...
by Frisco Kid
Fri Nov 03, 2017 6:55 am
Forum: Personal Consumer Issues
Topic: Help me understand the Used Car Dealership perspective
Replies: 29
Views: 3645

Re: Help me understand the Used Car Dealership perspective

Can you give us some actual numbers please. I would NOT be surprised to see $2k over KBB blue book at a Subie dealer? The way they have responded to your offers and the decal over the camera would have worn out my patience long ago. Unless this car is really something special why not just go to anot...
by Frisco Kid
Thu Nov 02, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: Car battery?
Replies: 53
Views: 3958

Re: Car battery?

Newer cars have a lot more electronics on board that MAY result in shorter battery life. Suggest you consider replacing at 36 month intervals. Trickle charger could be another option but a pain for a daily driver. 45 months is good battery life as mentioned................
by Frisco Kid
Tue Oct 31, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: Shoes & Sandals & Athletic & Hiking Wear
Replies: 11
Views: 1227

Re: Shoes & Sandals & Athletic & Hiking Wear

Have had good luck with Keen for lighter duty and Timberland for more serious hiking. Love Birkenstocks for comfort but I wear them out ridiculously fast, talking like the sole is toast and separating in 6 weeks with everyday use. Seriously.............
by Frisco Kid
Tue Oct 31, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Breaking point to get a new to newish car
Replies: 59
Views: 3736

Re: Breaking point to get a new to newish car

OP, tell us a bit about the history of the car and your usage; Bought new or used? If used mileage when bought? Miles driven per year? Maintenance history? Current mileage? Above answers would help determine my breaking point. Side comment, own a 4 Runner and they are fantastic vehicles if you need ...
by Frisco Kid
Fri Oct 27, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: dishwasher recommendations
Replies: 54
Views: 3431

Re: dishwasher recommendations

+1 for Miele. On our second, first lasted 22 years (not a typo). Expensive for sure but they work amazingly well and are extremely durable. They build to a "gold standard" versus a price point. We love ours!