Search found 380 matches

by Frisco Kid
Thu Jan 17, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford (really)?
Replies: 129
Views: 7125

Re: How much house can I afford (really)?

A few red flags for me. If you only have mortgage debt your spending to me looks like a runaway train! You spent roughly $160k in the last year, that,s a LOT of $ (Discretionary only was 12.5% of the new house!) The equity you include in your net worth calculation is roughly 30%,look at your net wor...
by Frisco Kid
Sat Jan 12, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Brake fluid replacement?
Replies: 69
Views: 3980

Re: Brake fluid replacement?

The shop that I use typically tests the moisture content of the brake fluid as part of their inspection, above 4% they recommend changing it. While I typically have this service done have not studied at what moisture % safety becomes an issue. Has anyone looked into this?
by Frisco Kid
Tue Jan 08, 2019 3:41 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7432

Re: Safe withdrawal rate at 38 years old

How many years of current expenses would the sale price of your company represent? You could have a 60 year time horizon to cover.
by Frisco Kid
Tue Jan 08, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: When did tax planning become important for you?
Replies: 20
Views: 1430

Re: When did tax planning become important for you?

Same thoughts as Shallow Pockets. Recently retired and looking to defer SS until 1/2020 will start selling investments with long term capital gains up to top of 0% MFJ bracket. Tax efficiency is a top priority and always on my mind.
by Frisco Kid
Sun Jan 06, 2019 5:58 pm
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5983

Re: How do you view a savings surplus in retirement?

In the OP's example of having a 25% overage in the amount of 250K I would consider perhaps 20% of the overage (50K) as spendable, otherwise it is a cushion in my mind.
by Frisco Kid
Fri Jan 04, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your new SUV
Replies: 44
Views: 2684

Re: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your new SUV

Will not get into where/when of buying a manufacturers extended warranty however do believe they are now worth a look due to all the sensors, displays,computers, etc. Cost of ownership for whatever you choose to drive is only going to go up. My other future concern is parts availability for those of...
by Frisco Kid
Fri Jan 04, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: master suite features for addition
Replies: 66
Views: 3394

Re: master suite features for addition

For us in addition to being adequately sized would be a walk in closet area with additional storage, large walk in shower and an 8 foot slider with a deck providing a view of our garden. Our small 5000 square foot lot and building codes would drastically limit our options.
by Frisco Kid
Sat Dec 29, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Affordability of SS Delay
Replies: 19
Views: 1612

Re: Affordability of SS Delay

It seems to me that covering your "gap years" while accelerating paying off your mortgage concurrently will result in a very high level of expense (burn rate) until SS kicks in. You mentioned the option of being able to have one spouse claim at FRA while the other files a restricted application for ...
by Frisco Kid
Sat Dec 29, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 903
Views: 233043

Re: What is your Year 2018 networth change?

Portfolio down about 6% @ 60/40. Primary residence up 11% in a VHCOL area. To answer OP's question am up about 5% overall but all it really represents is a number on a net worth statement.
by Frisco Kid
Fri Dec 28, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: Why do people buy- performance cars?
Replies: 67
Views: 2370

Re: Why do people buy- performance cars?

OP, may I respectfully say that if you have to ask you just don't get it...........................
by Frisco Kid
Tue Dec 18, 2018 8:21 am
Forum: Personal Consumer Issues
Topic: Worx 20v battery leaf blower
Replies: 12
Views: 1023

Re: Worx 20v battery leaf blower

Presently using Green Works 80V garden tools. The hand held blower has sufficient run time and power for the average home owner and the battery recharges quickly.
by Frisco Kid
Tue Nov 06, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: 401K distributions before age 70 1/2 RMD's
Replies: 3
Views: 255

401K distributions before age 70 1/2 RMD's

How much flexibility at age 65 do we have in taking 401k distributions? Can we choose what we sell and when or do we need to rollover to an IRA?
by Frisco Kid
Thu Oct 25, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Who profits from day to day market swings?
Replies: 13
Views: 1425

Who profits from day to day market swings?

Can't help but wonder given this years crazy market swings that somebody has got to be profiting almost on a daily basis buying the dips then selling immediately on the upswing? Thought it might make for an interesting discussion so please respond with your thoughts. The big swings this year seem so...
by Frisco Kid
Wed Oct 24, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Car Gurus ... Air Filter Recommendations
Replies: 29
Views: 2634

Re: Car Gurus ... Air Filter Recommendations

Former technician here +1 for OEM
by Frisco Kid
Wed Oct 24, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: Cat's dental work costs
Replies: 31
Views: 2287

Re: Cat's dental work costs

Op's quote includes oral surgery which tells me teeth are being extracted? If so quote is within reason. If this is cleaning ONLY quote does seem high.
by Frisco Kid
Mon Oct 22, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Implications of a (very) Appreciated House
Replies: 19
Views: 2169

Re: Tax Implications of a (very) Appreciated House

California is a community property state, have been told that would mean your MIL receives a step up in basis upon her husbands death. Can others verify?
by Frisco Kid
Wed Oct 17, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application
Replies: 3
Views: 379

Social Security Restricted Application

DW was born prior to 1/1/1954. Is she eligible to file a restricted application on my benefit after/if I claim at FRA in 1/2020? She then would take her full benefit at age 70 which is larger than mine. Is it correct that she would receive 1/2 my benefit until she files for her full benefit in 2023?
by Frisco Kid
Mon Oct 15, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Entering distribution phase of retirement
Replies: 2
Views: 604

Entering distribution phase of retirement

DH and I both retired now at age 65...thinking of strategies to defer SS as long as possible using available investments as sole income source. Monthly after tax expenses are $7000. Looking for BH wisdom and suggestions on whether to first liquidate stock holdings subject to long term capital gain r...
by Frisco Kid
Mon Oct 15, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 4206

Re: How Much Is Your Sewer Bill?

Old infrastructure here on SF Peninsula with large expenditures budgeted for maintenance/upgrades over the next few years. We pay flat rate sewer per parcel via property taxes, water is separate based on usage. Last year sewer only was $443 with an increase to $816 for this year. Future increases th...
by Frisco Kid
Thu Sep 27, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: Miele Dishwasher Installation
Replies: 3
Views: 701

Re: Miele Dishwasher Installation

We replaced a Miele with another Miele. The new one was very sensitive to the angle of the drain hose (our goes UNDER the floor) for it to drain properly. 4 years later all is fine
by Frisco Kid
Tue Sep 25, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 26015

Re: What is your single most expensive mistake?

Choosing to buy new cars for primary transportation (two drivers) owned 10 over the last 40 years.
by Frisco Kid
Fri Sep 14, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 98
Views: 7778

Re: Leasing Cars in Retirement

Op here.....keywords are IN RETIREMENT. All purchases in our case would trigger a large taxable event, looking at how leasing might offset that or not......
by Frisco Kid
Fri Sep 14, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 98
Views: 7778

Leasing Cars in Retirement

Wanted to get others thoughts on leasing cars in retirement in lieu of triggering an additional taxable event by spending down investments. Thinking $350 or so monthly for three years within mileage allowances, wash and repeat. Pluses are covered maintenance and investments continue to grow. Please ...
by Frisco Kid
Thu Sep 13, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 10644

Re: Massive Student Loan Debt - Fiancee

The two of you are clearly totally out of sync regarding finances. Many other posters here have shared they started where you are and have made it work so it can be done through communication and compromise. However in the end my gut tells me you would be better off finding someone that shares your ...
by Frisco Kid
Wed Sep 12, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: How often do you guys get alignment done on your cars?
Replies: 60
Views: 4114

Re: How often do you guys get alignment done on your cars?

+1 for when buying new tires or if there is a handling issue if by chance you hit a curb hard, etc.
by Frisco Kid
Thu Sep 06, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Sell our new home to downsize
Replies: 37
Views: 3589

Re: Sell our new home to downsize

Agree with others to eliminate extra mortgage payments, reduce expenses where possible and stay the course. IMHO your perception right now is short sighted, consider taking a longer view forward and existing house could work out just fine, especially if you have two more kids. Buying at 2.5 HHI is n...
by Frisco Kid
Tue Sep 04, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: When do you drop collision insurance?
Replies: 52
Views: 3124

Re: When do you drop collision insurance?

A point not yet mentioned....Given the OP's desire to keep this car several more years, the cars value in usage is higher than the value in dollars, especially if the car has been properly maintained. Looks like averaging about 8k miles yearly. I would hedge my bet and keep the collision coverage.
by Frisco Kid
Sun Aug 26, 2018 6:20 am
Forum: Personal Consumer Issues
Topic: Sale of pre-owned Rolex
Replies: 7
Views: 994

Re: Sale of pre-owned Rolex

Op here, appreciate all the replies. Considering selling a man and woman's Oyster Datejust 18k/stainless.
by Frisco Kid
Sat Aug 25, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: Sale of pre-owned Rolex
Replies: 7
Views: 994

Sale of pre-owned Rolex

Has anyone sold their Rolex watch(s) using WatchPayer? They place the agreed upon funds in a third party escrow fund BEFORE you send them your watch. Sounds pretty easy with cash available upon their receipt of your watch. Your thoughts please...................
by Frisco Kid
Thu Aug 23, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: If you buy a classic car in Europe and aim to keep to drive it daily for 50 years
Replies: 26
Views: 1892

Re: If you buy a classic car in Europe and aim to keep to drive it daily for 50 years

Interesting question. I believe many things beyond our control will limit how many years a classic could be driven. Parts and fuel availability, getting in/out, reliable mechanic, etc. Also future legislation on how long ICE vehicles can stay on the road. I assume OP has other vehicles? Consider als...
by Frisco Kid
Tue Aug 21, 2018 5:38 pm
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 4227

Re: No advance notice to employer

Some employers health care expires at midnight on the final day of employment. This of course would happen with or without advance notice, however it is something to check into just in case.
by Frisco Kid
Mon Aug 06, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 76
Views: 14647

Re: I pay $6K in rent. Am I an idiot for not buying?

I did chuckle a bit when I saw OP's $6000 rent is 7.5% of gross income......... What is the question? Game over and the OP won. Congrats to you!
by Frisco Kid
Sun Aug 05, 2018 7:26 am
Forum: Personal Consumer Issues
Topic: Audi A4 -- Does Anyone Have an Opinion About It?
Replies: 31
Views: 3156

Re: Audi A4 -- Does Anyone Have an Opinion About It?

+1 for the comments denovo made and it is the same for any of the luxury car brands. I would add that if you own one of these cars long term (10= years) it is entirely possible to have more $ invested in repairs than the market value of the car. A good indy shop can be a lifesaver with these cars.
by Frisco Kid
Fri Aug 03, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Home Addition Finance
Replies: 48
Views: 2933

Re: Home Addition Finance

Keyword......wife is rather impatient implying she wants everything now? Things don't work that way. Remodeling a classic tudor home into something it isn't (open floor plan) to me is just wrong. Betcha once you remodel at great expense she still won't like it plus sounds like she wants it NOW. IMHO...
by Frisco Kid
Sun Jul 29, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: Home Theater vs. Soundbar
Replies: 67
Views: 6523

Re: Home Theater vs. Soundbar

Difficult for one system to do different things well. Your room will have a lot of influence as well, especially if you listen at higher volumes. For all but serious music listening would think a high quality soundbar would suffice. Lifetime audiophile still use a dedicated system to listen to music.
by Frisco Kid
Wed Jul 25, 2018 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Buying house with cash
Replies: 12
Views: 1394

Re: Buying house with cash

Affordability is a non issue if this house is the one buy it for cash and don't look back. My question is why is this house available at such a bargain? Clearly many others have chosen to pass on it and seller is beyond highly motivated to sell. Do your homework and proceed carefully so you don't en...
by Frisco Kid
Mon Jul 23, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Mother-in-Law criticizing my wife over our recent house purchase
Replies: 38
Views: 3148

Re: Mother-in-Law criticizing my wife over our recent house purchase

I would call your MIL and strongly suggest she CANCEL her visit........ seriously who needs the aggravation?

OP's BASEMENT is 600 sq ft larger than our entire house....LOL
by Frisco Kid
Thu Jul 19, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: Planning a trip to France in June 2019 - ADvice ?
Replies: 28
Views: 2167

Re: Planning a trip to France in June 2019 - ADvice ?

Fyi that June 2019 will be the 75th Anniversary for D Day.
by Frisco Kid
Wed Jul 18, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: Possible Knob & Tube in an older home.
Replies: 29
Views: 2661

Re: Possible Knob & Tube in an older home.

No doubt some K&T wiring is still in place. Many times it is easier to abandon (disconnect) wiring leaving it in place much like a plumber may leave existing galvanized pipe in place when re-piping in copper. Would think a home built 150+ years ago would have all sorts of previous things left in pla...
by Frisco Kid
Thu Jul 05, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 160
Views: 13066

Re: What time do you get up in the morning?

Originally started getting up 4 am while still working to hit the gym. Now retired kept the habit using time for reading, bogleheads, reflection and so on..... Bedtime typically by 8:30. Most folks think I am crazy getting up that early but it has worked well for me the last 10 years.
by Frisco Kid
Tue Jul 03, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: Repair Vehicle or Move On?
Replies: 22
Views: 1684

Re: Repair Vehicle or Move On?

Any comments from either mechanic on anything pertaining to the transmission as its temperature would spike as well with the engine overheating.
by Frisco Kid
Mon Jun 18, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 34
Views: 3420

Re: How do you read books?

Best book have ever seen on the subject.......

https://www.amazon.com/How-Read-Book-Cl ... 0671212095

How to Read a Book by Adler and Van Doren
by Frisco Kid
Sat Jun 02, 2018 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Have $2.5M at 30, career advice needed
Replies: 49
Views: 5842

Re: Have $2.5M at 30, career advice needed

OP, imagine your finances WITHOUT your inheritance which saved you hundreds of thousands of dollars in interest beyond the inheritance amount. You are 30 and doing quite well. Stay the course and take some time to smell the roses,step back for a moment to realize that your adult life is just starting.
by Frisco Kid
Thu May 31, 2018 6:41 am
Forum: Personal Consumer Issues
Topic: Vehicle Advice for new Boglehead (4Runner)
Replies: 45
Views: 2715

Re: Vehicle Advice for new Boglehead (4Runner)

4 Runner owner here. KDSS is worth the $, we own a Trail Premium. By the time you add tax and license a TRD Pro is likely more like $50k. Used ones are out there but most are SR5 models, keep in mind 4 Runners also come in 2WD. +1000 for a new Pro being beyond your budget for the reasons others have...
by Frisco Kid
Tue May 15, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 150
Views: 14053

Re: New(ish) attending physicians in the Bay Area: Housing

OP, as others have said, you CAN afford to buy on the SF Peninsula. Perception is reality, take a look at smaller homes to get you started. Born and raised here we can say from experience that it has never been easy going back to our first home purchase in 1979. A PLUS for you is that your income is...
by Frisco Kid
Mon May 14, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 140
Views: 10041

Re: Is there a boglehead muscle car?

OP ends by saying looking for the appearance of a muscle car without the performance/noise so in reality OP is not looking for a muscle car at all but a boy racer trim package might fit the bill.....
by Frisco Kid
Wed May 09, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Comparing 2 physician jobs
Replies: 69
Views: 7056

Re: Comparing 2 physician jobs

Like others, cannot imagine where accepting first year income of $350k is considered taking a financial hit............................
by Frisco Kid
Tue May 08, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: Spark Plugs only vs Tune Up?
Replies: 29
Views: 2345

Re: Spark Plugs only vs Tune Up?

What other services did the dealer suggest and why? How old is your car and how many miles? My answer to you is it depends.................
by Frisco Kid
Thu Apr 19, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 4144

Re: Total Cost of Car Ownership over 10 years

Some costs will be very location dependent. Here on the SF Peninsula many reputable shops or a dealer run $125+ hour for labor and gas/registration costs are among the highest in the country as is our sales tax. Top tier 87 octane currently right at $3.50 gallon in my patch of the woods.