Search found 5407 matches

by quantAndHold
Fri Apr 16, 2021 11:23 pm
Forum: Personal Consumer Issues
Topic: Best Tires
Replies: 79
Views: 8503

Re: Best Tires

This reminds me of one of those threads where someone asks if Folgers is okay, and all the coffee nerds come out of the woodwork.
by quantAndHold
Fri Apr 16, 2021 11:11 pm
Forum: Personal Consumer Issues
Topic: Selling house in 2 yrs: what should I spruce up?
Replies: 14
Views: 1628

Re: Selling house in 2 yrs: what should I spruce up?

The last house we sold, I found a book on home staging at the library that was really helpful. A bunch of our stuff ended up in a storage unit for the duration of time the house was on the market. I would focus on cosmetics. I wouldn’t spend a penny on noncosmetic stuff that might be found during th...
by quantAndHold
Fri Apr 16, 2021 10:58 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5083
Views: 1324389

Re: What Book Are You Currently Reading? Part VI

Hamnet, by Maggie O’Farrell.

Historical fiction, in which O’Farrell takes the bare bones of what we know about Shakespeare’s life, and fills it out with a love story, a son that dies of the plague, and the parents’ grieving aftermath. Quite interesting.
by quantAndHold
Fri Apr 16, 2021 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: At what salary range to move out of a HCOL state?
Replies: 21
Views: 2095

Re: At what salary range to move out of a HCOL state?

Is your job something you could find somewhere else, possibly with a better pay to COL ratio? Remember that for a nonzero number of jobs, if you move to a cheaper area, the same job will pay less. But sometimes the converse is true. When my wife and I moved from VHCOL Southern CA to HCOL (at the tim...
by quantAndHold
Fri Apr 16, 2021 11:22 am
Forum: Personal Consumer Issues
Topic: Snowbirds establishing FL residency from Northeast- Residency audits
Replies: 32
Views: 2741

Re: Snowbirds establishing FL residency from Northeast- Residency audits

Personal experience: We sold a home in Hawaii and moved to California. CA wanted to know if we owed any taxes, asked for documentation and we sent it in. They sent us a letter that everything seems to be in order and they are closing the enquiry. But, they added a footnote that this does not mean w...
by quantAndHold
Fri Apr 16, 2021 11:17 am
Forum: Personal Consumer Issues
Topic: Replacing French Doors (many glass panes) with regular doors?
Replies: 7
Views: 338

Re: Replacing French Doors (many glass panes) with regular doors?

It’s not expensive. A handyman can probably do the work. But interior doors with windows in them are usually there let light into spaces that don’t get a lot of natural light otherwise. And if you’re planning on selling the house sometime in the future, your buyer will probably prefer the extra ligh...
by quantAndHold
Thu Apr 15, 2021 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

I agree with all that has been said. I spoke with spouse 2 about renting longer. They are particularly concerned we will never be able to afford a home in the desired locales. Spouse 2 heavily prioritizes home construction quality and finishings. I prioritize location. This is obviously a crucial p...
by quantAndHold
Thu Apr 15, 2021 2:23 pm
Forum: Personal Consumer Issues
Topic: Replacement battery for solar landscape lights?
Replies: 10
Views: 535

Re: Replacement battery for solar landscape lights?

I’d probably get the Duracells. Have you checked Batteries + Bulbs? Thanks for your reply- Just checked -they have the Ultralast for $13 w/free shipping. Better than Amazon $16. Not familiar w/the brand though. Just based on the familiar name, agree regarding Duracell, and EZ to get at Lowes I agre...
by quantAndHold
Thu Apr 15, 2021 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Power of a personal real estate offer letter
Replies: 77
Views: 4774

Re: Power of a personal real estate offer letter

Location may make a difference too. A personal letter may be a common occurrence in CA but I can tell you here in Ohio, not so much I had never received a personal letter until I was in a situation where I was selling a house that got multiple offers. Then I got several. In my case, the letters wer...
by quantAndHold
Thu Apr 15, 2021 2:06 pm
Forum: Personal Consumer Issues
Topic: Replacement battery for solar landscape lights?
Replies: 10
Views: 535

Re: Replacement battery for solar landscape lights?

I’d probably get the Duracells. Have you checked Batteries + Bulbs?
by quantAndHold
Thu Apr 15, 2021 10:17 am
Forum: Personal Finance (Not Investing)
Topic: If you hit your # would you retire in this market?
Replies: 124
Views: 13794

Re: If you hit your # would you retire in this market?

My “number” has never been a fixed number. It’s always been different depending on what expectations are for future returns. Everything is expensive right now. Interest rates are low, stock valuations high, so expected future returns are necessarily lower. If, given those constraints, I hit my “numb...
by quantAndHold
Thu Apr 15, 2021 10:03 am
Forum: Personal Investments
Topic: sell all rental homes in one year or stager them yearly
Replies: 21
Views: 1630

Re: sell all rental homes in one year or stager them yearly

There is also a non-zero chance that if you do not sell them soon that one of you could die and the survivor would be in the higher single tax brackets when they sell the houses. This is especially true if you decide to not sell them for 5 or 10 years or more. Isn’t the cost basis stepped up on the...
by quantAndHold
Thu Apr 15, 2021 12:27 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 172
Views: 17358

Re: Did you move for better weather? Did you regret it?

So we moved from Southern California to Seattle and then back again four years later. Neither move was about the weather, there was a lot going on. But I’m sure enjoy being back where the sun shines. More importantly though, where my friends and family are. An elderly neighbor of mine moved to Seatt...
by quantAndHold
Thu Apr 15, 2021 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Depends where you are. I have one kid and one school district and another in another school district. In the older ones district pretty much every single school is amazing. In the younger ones district pretty much every single school is horrible unless you get into a magnet. She is only in that dis...
by quantAndHold
Wed Apr 14, 2021 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Tough situation. I think we can all agree that your salary will make a house of that price very difficult. In that case there is a limited number of choices. You can buy a house that costs a lot less money but it sounds like there is nothing like that available in the area. There is housing for hal...
by quantAndHold
Wed Apr 14, 2021 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: E-filed turbotax waiting for return
Replies: 5
Views: 474

Re: E-filed turbotax waiting for return

Filed electronically 3.22. Refund in bank on 4.8. Hit and miss? Luck of the draw? Some reason? I don’t know... Probably something to do with the return needing a human to look at it. I’m in the same boat. Waiting. I filed the day before I got an unexpected K-1 with $7 of income on it, and a week be...
by quantAndHold
Wed Apr 14, 2021 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Sailaway and others, All good selections. Always looking. Spouse 2 has been dissatisfied with finishings for price, but will keep looking. I personally am less of a fan of Mira Mesa schools, but probably not enough to dissuade me from the right property. One thing I've noticed is homes in the $1-1....
by quantAndHold
Wed Apr 14, 2021 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Power of a personal real estate offer letter
Replies: 77
Views: 4774

Re: Power of a personal real estate offer letter

As a seller, five of the six offers came with letters. They were interesting. In our case, they didn’t really have an impact, except to confirm what we already knew. The best letter writer also had the best offer in every other way. These people came ready to buy a house in a competitive market, in ...
by quantAndHold
Wed Apr 14, 2021 4:50 pm
Forum: Investing - Theory, News & General
Topic: are inflation fears driving the housing market
Replies: 25
Views: 2567

Re: are inflation fears driving the housing market

Fear of interest rates going up is more likely.

Also some panic buying due to FOMO.
by quantAndHold
Wed Apr 14, 2021 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Given what you just wrote, I would put off buying for now. If the job works out and you get to do what you want to do, great, start the home search then. If it doesn’t, at some point you’re probably going to do another nationwide job search, and then the house will be an albatross. My suggestion wo...
by quantAndHold
Wed Apr 14, 2021 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 306
Views: 19819

Re: "Nobody's ever regretted paying off the mortgage."

I can only talk intelligently about my own situation. I paid off our mortgage going into retirement. We retired on Social Security plus savings, so any expenses above and beyond the small amount Social Security pays are paid for by liquidating investments. Not having a mortgage makes our requirement...
by quantAndHold
Wed Apr 14, 2021 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Given what you just wrote, I would put off buying for now. If the job works out and you get to do what you want to do, great, start the home search then. If it doesn’t, at some point you’re probably going to do another nationwide job search, and then the house will be an albatross. My suggestion wo...
by quantAndHold
Wed Apr 14, 2021 1:12 pm
Forum: Personal Consumer Issues
Topic: Offering position to candidate interviewed 7 months ago
Replies: 22
Views: 1176

Re: Offering position to candidate interviewed 7 months ago

It never hurts to ask. The worst they can do is say no, and you’re in the same spot you would be if you didn’t ask.
by quantAndHold
Wed Apr 14, 2021 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Given what you just wrote, I would put off buying for now. If the job works out and you get to do what you want to do, great, start the home search then. If it doesn’t, at some point you’re probably going to do another nationwide job search, and then the house will be an albatross. My suggestion wou...
by quantAndHold
Wed Apr 14, 2021 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Just to be clear, the median home price in San Diego County is $730,000. So we’re talking about a house that’s 2.3 times the median. The median household income in San Diego is just shy of $80k, so we’re also talking about a family income that’s 4 times the median. I think the problem is really a jo...
by quantAndHold
Wed Apr 14, 2021 11:07 am
Forum: Personal Finance (Not Investing)
Topic: How to estimate how much you can spend?
Replies: 14
Views: 1097

Re: How to estimate how much you can spend?

I assume you've seen the wiki and done the various analyses for yourself ( https://www.bogleheads.org/wiki/Withdrawal_methods ). As someone said, you have a $4M portfolio that you're currently underspending, so there's probably not much to worry about. I'm in a similar situation, and use the calcula...
by quantAndHold
Wed Apr 14, 2021 10:46 am
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 110
Views: 10045

Re: How close to retirement age would you start to coast instead of grinding it out?

I worked in a field where people change jobs regularly. I had, if I'm counting correctly, 10 jobs during a 30 year career. So my working life was always really about the *next* job. Building the skills and resume for when I was interviewing again. About five years out, I got a high paying job that, ...
by quantAndHold
Wed Apr 14, 2021 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Zillow says my 2000+ square foot 3 bedroom 2 1/2 bath home west of the 5 about 1/2 mile from the beach in Carlsbad is worth $1.2 million (I’m not interested in selling). I don’t know where you get $1.7 million as the minimum home you’re willing to look at. Yeah, I was thinking the same. Zillow says...
by quantAndHold
Tue Apr 13, 2021 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 91
Views: 6251

Re: Buying a Home in SoCal

Sell the rental. It isn’t helping you any. Apply the rental equity to down payment. Housing inventory in San Diego (and everywhere else from what I understand) is low, and things are selling in a day or two, so you might not be able to find what you want right away. But...you also don’t need to spen...
by quantAndHold
Tue Apr 13, 2021 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Good HSA accounts?
Replies: 43
Views: 2273

Re: Good HSA accounts?

My experience with Fidelity has been good...
by quantAndHold
Tue Apr 13, 2021 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Losing Down Payment Money when under Contract
Replies: 3
Views: 710

Re: Losing Down Payment Money when under Contract

If the contract has a financing contingency and he can’t get financing, he can get the deposit money back. If he waived the financing contingency, then it might be a problem. Before he just walks away, though, he might try a different bank or mortgage broker. Or several of them. One of my friends ha...
by quantAndHold
Tue Apr 13, 2021 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 174
Views: 10317

Re: First child entering college in the fall... need some advice

There are other ways to reduce the price of college. .... Take AP classes, a community college class in the Summer, and do whatever else it takes to guarantee graduating in 4 years (or less). At many (most?) of the top ranked schools, AP or community college credits earned while in high school will...
by quantAndHold
Tue Apr 13, 2021 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: First child entering college in the fall... need some advice
Replies: 174
Views: 10317

Re: First child entering college in the fall... need some advice

Well, we got financial aid because all 3 of ours were in college at the same time. But that seems like a bad plan for you, given your kids’ ages. If your kid is in a field where there are paid internships, she should start applying for internships as soon as she is eligible. A paid internship at Goo...
by quantAndHold
Tue Apr 13, 2021 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Parent's 3 unit property after move to nursing home
Replies: 3
Views: 425

Re: Parent's 3 unit property after move to nursing home

Not really enough information to make recommendations. Is there a chance they might come back, or is that just done? If you rehabbed it (possibly back into 4 units) and then rented it out, is there enough money in the bank to do the rehab, and would it generate enough income to support the folks, ev...
by quantAndHold
Tue Apr 13, 2021 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 112
Views: 9967

Re: Any happy lawyers out there?

You know you enjoy teaching and don’t want to be a lawyer. Haven’t you answered your own question? There are, of course, happy lawyers out there, and a lot of areas to specialize in, and if you’re someone who’s naturally a happy person, which it sounds like may be true, you could probably find a nic...
by quantAndHold
Mon Apr 12, 2021 11:27 pm
Forum: Personal Investments
Topic: Why the general advice to have treasuries in CA HSA?
Replies: 17
Views: 1293

Re: Why the general advice to have treasuries in CA HSA?

People seem to worry about this too much. Don't let the tax tail wag the dog. A HSA in California is still a tax advantaged account at the Federal level, and thus is still advantageous. I live in California and have total stock market in my HSA since day 1. My accountant does my taxes, I don't care...
by quantAndHold
Mon Apr 12, 2021 7:51 pm
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 172
Views: 17358

Re: Did you move for better weather? Did you regret it?

How about the opposite ? I have turned down offers to relocate, preferring my current home regardless of economics. I live in HCOL coastal area with great weather most of the time. Weather is not the only factor but a significant factor. Most of family moved to LCOL warmer climates, they can’t unde...
by quantAndHold
Mon Apr 12, 2021 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Coming out of being debt free - ??
Replies: 14
Views: 1280

Re: Coming out of being debt free - ??

I don’t see a problem with a mortgage in your situation. But what struck me was your statement that one of your main expenses will be taxes, and then you mentioned income from real estate. If you have a $100k+ pension and social security, maybe you want to consider spending the next few years reallo...
by quantAndHold
Mon Apr 12, 2021 12:43 pm
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13896

Re: Another 2.8% SWR Article Quoting Wade Pfau

My reason for going below the 4% rule is because it doesn't work for most other countries. We have been blessed in the United States to have a large land mass with extensive natural resources and agricultural capacity combined with oceans around us, minus the devastation on our own soil after world...
by quantAndHold
Mon Apr 12, 2021 10:48 am
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13896

Re: Another 2.8% SWR Article Quoting Wade Pfau

My reason for going below the 4% rule is because it doesn't work for most other countries. We have been blessed in the United States to have a large land mass with extensive natural resources and agricultural capacity combined with oceans around us, minus the devastation on our own soil after world...
by quantAndHold
Mon Apr 12, 2021 1:52 am
Forum: Investing - Theory, News & General
Topic: Monthly or Yearly Withdrawals in Retirement
Replies: 39
Views: 3934

Re: Monthly or Yearly Withdrawals in Retirement

At irregular intervals, as I need the money, from the most tax efficient location. Once a year I true up and see how much we actually spent.
by quantAndHold
Mon Apr 12, 2021 12:23 am
Forum: Personal Consumer Issues
Topic: What do you do with well worn clothing?
Replies: 39
Views: 3224

Re: What do you do with well worn clothing?

I donate it to the thrift store I normally donate stuff to. As long as it’s not moldy, depending on condition, thrift stores either resell, turn it into rags, or recycle it into insulation and stuff. It doesn’t get thrown away. This is what I got when I emailed my local Goodwill store: >>> We alway...
by quantAndHold
Mon Apr 12, 2021 12:22 am
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13896

Re: Another 2.8% SWR Article Quoting Wade Pfau

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel is administered and given by the Nobel Foundation just like all the other Nobel Prizes. It just wasn’t part of Alfred Nobel’s original will. How would you feel about your name being co-opted after your death to create an off...
by quantAndHold
Mon Apr 12, 2021 12:15 am
Forum: Personal Consumer Issues
Topic: What do you do with well worn clothing?
Replies: 39
Views: 3224

Re: What do you do with well worn clothing?

I donate it to the thrift store I normally donate stuff to. As long as it’s not moldy, depending on condition, thrift stores either resell, turn it into rags, or recycle it into insulation and stuff. It doesn’t get thrown away.
by quantAndHold
Mon Apr 12, 2021 12:11 am
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13896

Re: Another 2.8% SWR Article Quoting Wade Pfau

You don't know. No one does. So, would you say you do or do not know whether the 4% WR is safe? In his speech at the 1974 Nobel Prize banquet, Friedrich Hayek stated that had he been consulted on the establishment of a Nobel Prize in economics, he would "have decidedly advised against it"...
by quantAndHold
Mon Apr 12, 2021 12:03 am
Forum: Personal Consumer Issues
Topic: Flooring decisions for whole house - tile vs laminate
Replies: 31
Views: 2861

Re: Flooring decisions for whole house - tile vs laminate

What do homes for sale in your neighborhood have, especially the homes that are recently remodeled? Get what your neighbors have. Neither of those would go over here for a whole house. People expect to see tile or stone in kitchen and bath, and wood everywhere else. Maybe laminate in the laundry roo...
by quantAndHold
Sun Apr 11, 2021 6:23 pm
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13896

Re: Another 2.8% SWR Article Quoting Wade Pfau

Wade Pfau has made a career out of writing articles espousing absurdly low withdrawal rates. Seriously, it's the thing he's known for.

It's like he's encouraging his clients to have larger than necessary portfolios because he makes more money that way.
by quantAndHold
Sun Apr 11, 2021 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2020 tax refund?
Replies: 134
Views: 11328

Re: How quickly did you receive your 2020 tax refund?

Still waiting, IRS states they have received it, but have not processed it yet. Filed mid-February. Received my state refund about 3 weeks later. It was a simple standard tax return, efiled. Us too. Filed in early March. Ours says still processing. I suspect it's because I filed right before ARP be...
by quantAndHold
Sun Apr 11, 2021 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: First time homebuying in this environment...
Replies: 33
Views: 2974

Re: First time homebuying in this environment...

That’s a hard one. Usually I would tell people that if you’re planning on staying in the house for at least a decade, just buy when you find the right place and it will all work out in the end. But I also wouldn’t put myself through the current waiving contingencies and battling it out against six o...
by quantAndHold
Sun Apr 11, 2021 10:59 am
Forum: Investing - Theory, News & General
Topic: Real Estate Risk: What Do You Call This Kind?
Replies: 12
Views: 1207

Re: Real Estate Risk: What Do You Call This Kind?

The risk I’m thinking about is housing prices making one of their California-style irrational leaps and being priced out of the market. I would argue that, in the long run, changes in housing prices aren’t irrational at all. There are four main factors. Interest rates, the overall inflation rate, p...