Search found 1436 matches

by Starfish
Fri Oct 25, 2019 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: First Republic Bank doesn’t have physical coins
Replies: 76
Views: 5092

Re: First Republic Bank doesn’t have physical coins

Over the years, in doing balancing and auditing, I have often found that pennies are your friend! For example, a balancing discrepancy of, say, $0.03 - could actually be an error of $99,97 in one direction and three cents in another. Slightly off topic - I believe the US should: 1. Eliminate the pe...
by Starfish
Fri Oct 25, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: First Republic Bank doesn’t have physical coins
Replies: 76
Views: 5092

Re: First Republic Bank doesn’t have physical coins

I have a First Republic Bank account that I use for a small business, but I was mostly using the online website and rarely stepped into the branch. But last week I needed to withdraw a small amount in cash, to make the books balance. So I headed into the local branch and asked to withdraw $15.42. M...
by Starfish
Fri Oct 25, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 15557

Re: I no longer plan on retiring early

We make plans. God laughs. Worry about today. Never retire is no more a sure bet than retiring very early. With our Western Diets, health is not guaranteed. Diet is the easiest thing to change. Western diets are not some kind of immutable fatality. Besides, France, Italy, Spain, scandinavian countr...
by Starfish
Wed Oct 23, 2019 9:14 pm
Forum: Personal Investments
Topic: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.
Replies: 93
Views: 11034

Re: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.

It isn't wasted, as the money not used to pay down the mortgage is earning some benefit for you. If your mortgage is 2% after tax and your bonds are yielding 2%, you pay and receive the same amount of interest. If your mortgage is 2.5% after tax and your bonds are yielding 2%, it may be worth payin...
by Starfish
Wed Oct 23, 2019 7:03 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12294

Re: High income earner waiting for a bear market to start investing

The real puzzler with this one is thinking one can maintain that kind of income until age 75-80. Unless OP’s occupation is dictator of a small African country, I find that to be unlikely. Medical specialist that isn’t surgery related? Neurologist? That would account for the extended training period...
by Starfish
Wed Oct 23, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 52
Views: 4070

Re: Moving my home landline phone number to MagicJack - good idea?

I am over 40 and never had a land line (except in campus as a student,, and of course when I was living with my parents). Why do people have one? I keep my Verizon land line for reliable 911. Cost is $26.42 a month. Isn’t that VOIP? Isn’t VOIP unreliable for 911? * As to why people keep landlines, ...
by Starfish
Wed Oct 23, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 52
Views: 4070

Re: Moving my home landline phone number to MagicJack - good idea?

I am over 40 and never had a land line (except in campus as a student,, and of course when I was living with my parents). Why do people have one? I keep my Verizon land line for reliable 911. Cost is $26.42 a month. I am pretty sure at least 90% of the calls to 911 come from cell phones. They must ...
by Starfish
Wed Oct 23, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Money - Surprising Low Fun Return
Replies: 58
Views: 6353

Re: Spending Money - Surprising Low Fun Return

OP: you spent money on “things.” Perhaps you should have directed that money towards experiences (vacations, travel, day trips, sporting events, etc). That may have moved the needle more than the things. There is no difference. Things give experiences. I don't understand why would anybody desire a ...
by Starfish
Wed Oct 23, 2019 2:36 am
Forum: Personal Consumer Issues
Topic: Moving my home landline phone number to MagicJack - good idea?
Replies: 52
Views: 4070

Re: Moving my home landline phone number to MagicJack - good idea?

I am over 40 and never had a land line (except in campus as a student,, and of course when I was living with my parents). Why do people have one?
by Starfish
Tue Oct 22, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 6888

Re: Is principal portion of mortgage counted for savings rate purposes?

I save 30% of gross income into 401k and Roth, but would my principal portion of my monthly payment also be considered in the savings rate since it is directly reducing debt? Thanks. I count the equity in the house as net worth, which is savings. Not the principal, I don't care about the pricipal.
by Starfish
Mon Oct 21, 2019 2:56 pm
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 84
Views: 9928

Re: Retiring and Getting Over The Fear of Quitting?

By the way, what ages are considered as middle ages? 40 to 50, to me. To me it's 50 to 60 ... I didn't feel in the least "middle-aged" in my 40s. If you stay active and have a bit of luck with your health, you don't really slow down in your 40s (unless you are a professional athlete ...). That's mo...
by Starfish
Sun Oct 20, 2019 10:11 pm
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 84
Views: 9928

Re: Retiring and Getting Over The Fear of Quitting?

By the way, what ages are considered as middle ages? 40 to 50, to me. To me it's 50 to 60 ... I didn't feel in the least "middle-aged" in my 40s. If you stay active and have a bit of luck with your health, you don't really slow down in your 40s (unless you are a professional athlete ...). That's mo...
by Starfish
Sun Oct 20, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 10023

Re: Advice: Windfall Makes Working Worse Than Not Working

Just curious, no pun intended :), how would you lose money? I think it's because 13.3% of $2.5M (the tax savings by being outside CA) > ~50% of $430K (his after-tax income from working in CA). Even if you figure his after-tax income is 66% of $430K, he still seems to come out ahead by leaving CA. I...
by Starfish
Sun Oct 20, 2019 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 10023

Re: Advice: Windfall Makes Working Worse Than Not Working

Changing residency is not that straight forward and California is very "grabby". Do you plan to come back at the end of the year? I am not sure how easy is to do it for short term.
by Starfish
Sun Oct 20, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 10023

Re: Advice: Windfall Makes Working Worse Than Not Working

Just curious, no pun intended :), how would you lose money?
by Starfish
Sun Oct 20, 2019 2:06 pm
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 9840

Re: Do you carry your passport with you during international travel?

You people have to relax. Fanny packs and fear of having the passport stolen are uniquely american.
by Starfish
Sun Oct 20, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: For those who are FI: At what point did you begin to relax?
Replies: 76
Views: 10364

Re: For those who are FI: At what point did you begin to relax?

What is DI2K? Is this a common acronym that I should know? I googled it and got nothing. Why do so many people use random acronyms, do they not realize that some people do not know what they are supposed to mean? Am I expected to do research to figure out what you are trying to say? Is it so hard t...
by Starfish
Fri Oct 18, 2019 10:35 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10434

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

OP HERE In the same breath I am very privacy focused and Apple considers itself a privacy and security focused company but there is a great amount of trust in that statement and maybe I just don't trust obscenely large corporations whose primary purpose is to generate as much profit as possible. Ca...
by Starfish
Fri Oct 18, 2019 10:23 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10434

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I think iphones appeal to folks who aren't too techy, don't want to mess with anything to make it work, and just want it to be reliable. And who uses phones the most in your ecosystem? In mine, it's the women in my life. I work in tech in SV with engineers with PhD from top 10 universities, most of...
by Starfish
Fri Oct 18, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: When is private (elementary) school worth it?
Replies: 100
Views: 8061

Re: When is private (elementary) school worth it?

I know lots of brilliant people who have utterly failed as adults. I was bored as a kid and tested gifted. Enrichment is fine but as the parent of at least one gifted child my primary focus is social skills. For that reason I’d never home school. Having bored kids it's the major failure of American...
by Starfish
Fri Oct 18, 2019 7:54 pm
Forum: Personal Consumer Issues
Topic: When is private (elementary) school worth it?
Replies: 100
Views: 8061

Re: When is private (elementary) school worth it?

Indeed social intelligence is key to success in life! Plenty of very smart folks out there who are clueless about how to behave socially! The 38 year old college professor"boyfriend" of my 36 year old niece has a Phd from an Ivy league college but at family gatherings, he does a lot of "broadcastin...
by Starfish
Fri Oct 18, 2019 7:48 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10434

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I think iphones appeal to folks who aren't too techy, don't want to mess with anything to make it work, and just want it to be reliable. And who uses phones the most in your ecosystem? In mine, it's the women in my life. I work in tech in SV with engineers with PhD from top 10 universities, most of...
by Starfish
Fri Oct 18, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: NYT: Why Don’t Rich People Just Stop Working?
Replies: 18
Views: 3631

Re: NYT: Why Don’t Rich People Just Stop Working?

Because many rich people are passionate about what they do, hence the reason they are rich in the first place. To be great at something you must love it. Or the other way to see it is that they don't know anything else. I don’t think so. I love fishing more than anything else. If you don’t love fis...
by Starfish
Fri Oct 18, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: NYT: Why Don’t Rich People Just Stop Working?
Replies: 18
Views: 3631

Re: NYT: Why Don’t Rich People Just Stop Working?

BogleGreatHuman wrote:
Fri Oct 18, 2019 3:09 pm
Because many rich people are passionate about what they do, hence the reason they are rich in the first place. To be great at something you must love it.
Or the other way to see it is that they don't know anything else.
by Starfish
Fri Oct 18, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: NYT: Why Don’t Rich People Just Stop Working?
Replies: 18
Views: 3631

Re: NYT: Why Don’t Rich People Just Stop Working?

Silly article. It assumes that everyone is a lazy jerk, doing the minimum amount of work they can get away with and still manage to live on this earth. From such an attitude, it is easy to see the puzzlement that someone could have their material needs met and continue to work. 1. To be "lazy" it's...
by Starfish
Tue Oct 15, 2019 2:02 am
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 9840

Re: Do you carry your passport with you during international travel?

Many countries require tourists to carry passports as a proof of legal entry. It's probably rarely (if ever) enforced but I carry passport with me in a safe bag (google "PacSafe bags"). One additional benefit is tax-free shopping that typically requires a passport to get a discount. Do you carry a ...
by Starfish
Mon Oct 14, 2019 8:10 pm
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 9840

Re: Do you carry your passport with you during international travel?

I never carry the passport with me. I keep it in the safe if there is one, or just somewhere around the room (usually in my luggage) if there is no safe. I carry with me only some cash (equivalent of 50$ plus minus, depending on country), one credit card, sometimes one debit card but less often late...
by Starfish
Mon Oct 14, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Is Utah the most convenient "Out West" destination for East Coast skiers?
Replies: 42
Views: 4740

Re: Is Utah the most convenient "Out West" destination for East Coast skiers?

There are only 3 places I stayed in line more than 30 minutes for low quality overpriced alcohol in my entire life:
1. Park City
2. Whistler
3. Easter Europe during communism, 30+ years ago.
by Starfish
Mon Oct 14, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: Should I actually buy a new car ? (Seat Belt Deployed)
Replies: 45
Views: 3358

Re: Should I actually buy a new car ? (Seat Belt Deployed)

I had an accident 2 years ago - Nothing crazy. I bumped into a car from behind at 15mph and the seat belt was deployed (not the airbags). I got everything fixed. What does "the seat belt was deployed" mean? The seat belt was locked as a result of the impact. The airbag was not deployed (given the l...
by Starfish
Mon Oct 14, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with dentist fees
Replies: 82
Views: 6346

Re: Frustrated with dentist fees

It's hard (maybe impossible?) to know in advance what insurance will cover. Do you want the dentist to take the best action for your health or the action insurance wants him too? Because I can tell you that insurance does not care a bit about you, they care about the minimum payment and their bottom...
by Starfish
Sun Oct 06, 2019 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 22714

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

I guess those guys console themselves by saying their shanty-town shacks are just for sleeping anyway. Except 1600 sq ft fora standard size family more than 1% of the dwellings in the entire world. We compare a house that would be amazingly big and well appointed (except for the ridiculous building...
by Starfish
Sat Oct 05, 2019 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 22714

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

At my lake house, I can swim, paddleboard, kayak, motorboat, waterski, jetski, sail, and fish 30 feet from my back deck. You can't. I bet you can't even hear the wind in the trees or the splash of the waves when sitting on your back deck. Do you even have a back deck? More than two trees in view? S...
by Starfish
Sat Oct 05, 2019 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 22714

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

Expenses are higher but are not 2x. The balance goes into savings. Compounded in the market that is a huge incremental wealth driver over time. Expenses and taxes may indeed be 2x higher... I know my house would cost at least 4x higher in San Fran. Taxes are higher too... Yes, food at a grocery sto...
by Starfish
Sat Oct 05, 2019 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 22714

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

Duhhh... a $300k house in Texas ma be $3M on San Francisco ;-) You can think better on an average house in your area. If you live on your van, then HCOL wins For no FAANG people, the choice may be borderline. Difference is going to be less than the $80k after tax you mention. Would you move from $1...
by Starfish
Sat Oct 05, 2019 1:13 am
Forum: Personal Consumer Issues
Topic: Turkish Airlines ?
Replies: 49
Views: 4062

Re: Turkish Airlines ?

TripAdvisor Reviews aren't great ... they might use "older" planes! I flew across Pacific on airline that was a nightmare ... found out later that they buy their planes USED from major carriers, i.e. major carriers sell their planes after a certain # of years. And how does it make it a nightmare? N...
by Starfish
Mon Sep 30, 2019 5:21 pm
Forum: Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 101
Views: 15446

Re: retiring abroad with savings worth 200k...

and spend your evenings drinking beer with friends in a bars instead of wasting away in rural america We don't have bars or friends or beer in "rural america"? :) And I'd rather be watching the sunset over a lake with my beer and my friends instead of stuck inside some smoke-filled dark European ba...
by Starfish
Mon Sep 30, 2019 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5226

Re: first house- 1 bedroom vs. 2 bedroom

Wow 1 million for a 1 bed 1 bath condo. Where I live you can buy a 5500 sf home on 10 acres with a few out buildings for that amount. How much does a job pay within walking distance from that house? Well considering that house would be in the country being on 10 acres you can't walk to many jobs fr...
by Starfish
Fri Sep 27, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: Do you wash berries?
Replies: 83
Views: 6518

Re: Do you wash berries?

Wild berries, never.
Store bought berries are soaked in chemicals so yes, always.
by Starfish
Thu Sep 26, 2019 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20520

Re: financially clueless senior MIL who thinks she’s rich

At best, you dont make any sense. At worst, you are enforcing your will onto someone else. If someone does not want your help, nothing you can do. You cant force someone to do it your way. That's is very manipulative. Unless you really have a screwed up family relationship, it's normal for family m...
by Starfish
Thu Sep 26, 2019 7:43 pm
Forum: Personal Consumer Issues
Topic: Planning a Europe trip in Dec 2019 last week. Need advice
Replies: 27
Views: 1815

Re: Planning a Europe trip in Dec 2019 last week. Need advice

I find rain and humidity much worse than cold or snow. When I travel I tend to walk for 12-16 hours. It would be hard to do this in cold rain. Amsterdam is very ice, but I wouldn't go in the winter. Paris will rainy probably but at least there are plenty of things to do and is a little more light. S...
by Starfish
Thu Sep 26, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20520

Re: financially clueless senior MIL who thinks she’s rich

You offered to help and she said "bud out". I don't see any further questions here. Old people often are not "adults". Their cognitive capacity decreases and their problems go down to the next generation. Saying that they refuse the help is just a poor excuse. Wow. Sit in someone else's shoes. If a...
by Starfish
Thu Sep 26, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20520

Re: financially clueless senior MIL who thinks she’s rich

Jack FFR1846 wrote:
Thu Sep 26, 2019 1:33 pm
You offered to help and she said "bud out".

I don't see any further questions here.
Old people often are not "adults". Their cognitive capacity decreases and their problems go down to the next generation.
Saying that they refuse the help is just a poor excuse.
by Starfish
Thu Sep 26, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Resources for dealing with very! difficult employees
Replies: 13
Views: 1629

Re: Resources for dealing with very! difficult employees

Does she have any power over pay?
Withholding salary increases and bonuses is punishment enough.
by Starfish
Thu Sep 26, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5226

Re: first house- 1 bedroom vs. 2 bedroom

Wow 1 million for a 1 bed 1 bath condo. Where I live you can buy a 5500 sf home on 10 acres with a few out buildings for that amount. How much does a job pay within walking distance from that house? Well considering that house would be in the country being on 10 acres you can't walk to many jobs fr...
by Starfish
Thu Sep 26, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5226

Re: first house- 1 bedroom vs. 2 bedroom

I would disregard opinions of people who don't understand much about real estate market and job market in Bay Area. It is hard to say what is going to happen but if future is anything like the past earlier you get in the market, better it is. Due to appreciation and Prop 13 all calculations of rent...
by Starfish
Thu Sep 26, 2019 2:11 am
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5226

Re: first house- 1 bedroom vs. 2 bedroom

CnC wrote:
Wed Sep 25, 2019 7:25 pm
Wow 1 million for a 1 bed 1 bath condo.


Where I live you can buy a 5500 sf home on 10 acres with a few out buildings for that amount.
How much does a job pay within walking distance from that house?
by Starfish
Thu Sep 26, 2019 2:04 am
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5226

Re: first house- 1 bedroom vs. 2 bedroom

I would disregard opinions of people who don't understand much about real estate market and job market in Bay Area. It is hard to say what is going to happen but if future is anything like the past earlier you get in the market, better it is. Due to appreciation and Prop 13 all calculations of rent ...
by Starfish
Thu Sep 26, 2019 12:45 am
Forum: Personal Consumer Issues
Topic: Elite liberal art colleges or bigger selective universities?
Replies: 59
Views: 4717

Re: Elite liberal art colleges or bigger selective universities?

Probably it doesn't help :), but I chose my university based on where my friends and girlfriend were and what city I liked the most.
I was the only limitation in my career, not the university.
by Starfish
Thu Sep 26, 2019 12:37 am
Forum: Personal Consumer Issues
Topic: Physical activity suggestions for a non athletic youth
Replies: 189
Views: 9784

Re: Physical activity suggestions for a non athletic youth

:oops: Because, according to the research, you are flat out wrong. Again, it has nothing to do with "doing sports" with kids, it is modeling a healthy lifestyle. You are conflating several different issues; guess what, the kids that are more active at school and in after school activities are the k...
by Starfish
Wed Sep 25, 2019 2:38 am
Forum: Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 101
Views: 15446

Re: retiring abroad with savings worth 200k...

I lived 5 years with a similar amount, paying rent, travelling to Europe, in one of the most expensive counties in the country.
It's possible for sure, but I was young, healthy and had cheap entertainment.