Search found 247 matches

by DoubleComma
Wed Apr 21, 2021 9:37 pm
Forum: Personal Consumer Issues
Topic: 12 year boat loan!
Replies: 28
Views: 2323

Re: 12 year boat loan!

My surf boat loan was 15 years on a $65k boat. Don’t recall the rate, it was paid off in 7 days as it took a little longer than I expected to move some money around. Funny thing, the boat is now 6 years old and would sell for $60 thanks to the Covid bump. Today the exact same model new is $85-100k w...
by DoubleComma
Wed Apr 21, 2021 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: House appraisal in insane market
Replies: 36
Views: 4141

Re: House appraisal in insane market

Shopping for a vacation home in 2017, again in a heated up market in this particular resort area. Found a house we loved, but it went under contract with in 24 hours of listing and a couple hours before we got our offer in. Our agent encouraged us to place a back up offer, we did as we had nothing t...
by DoubleComma
Mon Apr 19, 2021 7:44 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments - Parents Considering
Replies: 19
Views: 2238

Re: Fisher Investments - Parents Considering

My parents use them and I bad mouth Fisher to them every chance I get. It doesn't matter, they want the personal touch they get with Fisher. They have a "guy" who is available to them all the time. The guy has never changed in 10+ years, and well over $200k in fees. Anytime he is in the ar...
by DoubleComma
Sun Apr 18, 2021 9:31 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

To the OP & Moderators, I’ve clearly hijacked this thread which wasn’t my intention. My only point, which I’m learning is wrong or a bit contentious, is looking at tax rate today vs predicted rate in retirement is NOT the only consideration when making Roth vs Traditional decisions.
by DoubleComma
Sun Apr 18, 2021 9:27 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

Personally I don’t think it’s as simple as tax rates today vs tax rates in retirement. In our case we are on the 35% bracket, but I don’t think I’ll ever need all the money we are projecting to have saved before retirement. We don’t count on it, but it very likely we will inherit from both DW and M...
by DoubleComma
Sun Apr 18, 2021 9:23 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

Correct. For a full analysis, it would be tax rates on contributions (or conversions) now vs. tax rates on withdrawals later. If you won't be doing all the withdrawals, then you would need (if you care) to estimate also the tax rates your heirs would pay. Maybe I’m wrong and could use some educatio...
by DoubleComma
Sun Apr 18, 2021 9:13 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

My direct experience is based on a single instance. My FIL passes leaving a small traditional IRA and Roth IRA to DW. Roth was tax free and with the traditional each distribution is taxed at our rate. So I’m not sure why I would estimate an heirs tax rate. Put yourself in your FIL's place: if he ha...
by DoubleComma
Sun Apr 18, 2021 9:02 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

Personally I don’t think it’s as simple as tax rates today vs tax rates in retirement. Correct. For a full analysis, it would be tax rates on contributions (or conversions) now vs. tax rates on withdrawals later. If you won't be doing all the withdrawals, then you would need (if you care) to estima...
by DoubleComma
Sun Apr 18, 2021 8:56 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

Personally I don’t think it’s as simple as tax rates today vs tax rates in retirement. In our case we are on the 35% bracket, but I don’t think I’ll ever need all the money we are projecting to have saved before retirement. We don’t count on it, but it very likely we will inherit from both DW and M...
by DoubleComma
Sun Apr 18, 2021 8:48 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

Personally I don’t think it’s as simple as tax rates today vs tax rates in retirement. Correct. For a full analysis, it would be tax rates on contributions (or conversions) now vs. tax rates on withdrawals later. If you won't be doing all the withdrawals, then you would need (if you care) to estima...
by DoubleComma
Sun Apr 18, 2021 3:16 pm
Forum: Personal Investments
Topic: traditional or roth 401k?
Replies: 29
Views: 1361

Re: traditional or roth 401k?

Personally I don’t think it’s as simple as tax rates today vs tax rates in retirement. In our case we are on the 35% bracket, but I don’t think I’ll ever need all the money we are projecting to have saved before retirement. We don’t count on it, but it very likely we will inherit from both DW and My...
by DoubleComma
Sat Apr 17, 2021 3:55 pm
Forum: Personal Consumer Issues
Topic: Temp change in remote location - tell employer?
Replies: 35
Views: 2882

Re: Temp change in remote location - tell employer?

I move between locations frequently and never say anything.
by DoubleComma
Sat Apr 17, 2021 2:20 pm
Forum: Personal Consumer Issues
Topic: New car same price as 1 year old
Replies: 24
Views: 2182

Re: New car same price as 1 year old

We have found similarly when looking at used cars that are 1-2 years old, but not as much in the 3+ years old. Additionally I have a company car that is managed by one of the large fleet companies. My company car is rotated every 13 months, not because my company wants me to always have a new car bu...
by DoubleComma
Sat Apr 17, 2021 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Earthquake Insurance
Replies: 17
Views: 1459

Re: Earthquake Insurance

Life long CA resident. Lived and owned house is SF Bay Area, Central Valley and Central Coast. Have never purchased earthquake insurance. My personal opinion is the value isn't there. Additionally my experience has been after massive earth quakes (Loma Prieta, Northridge, Coalinga) is FEMA makes ava...
by DoubleComma
Sat Apr 17, 2021 12:33 pm
Forum: Personal Consumer Issues
Topic: Protective Coating on New Subaru?
Replies: 18
Views: 1476

Re: Protective Coating on New Subaru?

Personally think its just a margin adder for the dealer and decline. Regularly washing and something between quarterly and twice annually waxing should be sufficient. If you really want a ceramic coating, all the mobile detailers do it in my area for a couple hundred bucks. As for the interior, I ha...
by DoubleComma
Fri Apr 16, 2021 9:16 am
Forum: Personal Consumer Issues
Topic: replace front door; Home Depot?
Replies: 13
Views: 1085

Re: replace front door; Home Depot?

We recently replaced our front door (double door). We looked at big box stores, didn’t love any. We ended up at a local door business that does a combination of custom and pre-fab order doors. In addition to the door I paid for their installation and very happy I did. The door frame had settled slig...
by DoubleComma
Wed Apr 14, 2021 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle this? -- big utility company problem!
Replies: 68
Views: 4830

Re: How would you handle this? -- big utility company problem!

Finally, I got a technician to visit my house --- when I was at home! I gave the technician my cell phone number, and had him go outside to the meter. When he was at the meter, he called me. I had everything in the home turned off... and while he was watching the meter --- I turned on my gas firepl...
by DoubleComma
Tue Apr 13, 2021 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle this? -- big utility company problem!
Replies: 68
Views: 4830

Re: How would you handle this? -- big utility company problem!

I had an issue with our gas company, Southern CA Edison, a couple years ago. I was super patient and polite, waited 9 months for resolution checking in every 4-6 weeks and finally had it. I did not lose it on anyone at the utility I simply went in line to California Public Utility Commission website...
by DoubleComma
Mon Apr 12, 2021 7:57 pm
Forum: Personal Consumer Issues
Topic: Travel Trailer vs My Pickup Truck: Specs?
Replies: 54
Views: 3355

Re: Travel Trailer vs My Pickup Truck: Specs?

I have a travel trailer with about the same weight. When I got the trailer, I used to tow it with a V-8 F150. This was not enough truck for anything but freeway driving in flat areas. Throw in any back roads, any hills, any less than ideal conditions and things went south quickly. I upgraded the tr...
by DoubleComma
Mon Apr 12, 2021 7:36 pm
Forum: Personal Consumer Issues
Topic: Travel Trailer vs My Pickup Truck: Specs?
Replies: 54
Views: 3355

Re: Travel Trailer vs My Pickup Truck: Specs?

My biggest concern has shifted to apparent unavailability of camp sites due to large increase in RV popularity throughout the country. This is worth truly investigating; its also worth thinking about your personal tendencies to plan or be spontaneous. We were a very active camping family. Started i...
by DoubleComma
Sun Apr 11, 2021 11:00 am
Forum: Personal Finance (Not Investing)
Topic: In-Laws' HOA demanding $8000 lumpsum payment
Replies: 91
Views: 10546

Re: In-Laws' HOA demanding $8000 lumpsum payment

I'll never understand why anyone would want to buy property under the thumb of an HOA. There are plenty of zoning rules, laws, and regulations out there already, can't imagine adding an HOA with a bunch of activist busy-body tyrants to the mix. Neighborhoods without HOA seem to be capable of functi...
by DoubleComma
Sun Apr 11, 2021 9:31 am
Forum: Personal Finance (Not Investing)
Topic: How much should I overpay?
Replies: 51
Views: 5217

Re: How much should I overpay?

Is it over paying if those prices are what the current market is selling for? In 20 years I can’t think of a meaningful reduction in SF Bay Area real estate. Even in the 2008 meltdown. I can remember several times where it cooled and there wasn’t multiple offers on every house, but not a significant...
by DoubleComma
Fri Apr 09, 2021 4:17 pm
Forum: Personal Consumer Issues
Topic: Smoker recommendations? Meat, not Marlboro.
Replies: 31
Views: 2775

Re: Smoker recommendations? Meat, not Marlboro.

Wow, thanks for all the responses everyone! I've got some things to look through!! What's your budget? I was hoping to stay in the $300 ish range...but seeing some of these options...I'm wondering if that's feasible! What do you want to smoke? Long cooks like brisket? Sure! Chicken, chops, whatever...
by DoubleComma
Fri Apr 09, 2021 4:01 pm
Forum: Personal Consumer Issues
Topic: Gardening 2021
Replies: 37
Views: 3084

Re: Gardening 2021

Zone 9 here. I have 8 4'x4' raised beds; but one is a dedicated strawberry bed so that rarely changes and I rotate another as unplanted each season, which is really to give my wife a bed to propagate her succulents I've had Tomato & Pepper transplants in the ground for 4 weeks. Tomatoes are look...
by DoubleComma
Thu Apr 08, 2021 7:10 pm
Forum: Personal Consumer Issues
Topic: Smoker recommendations? Meat, not Marlboro.
Replies: 31
Views: 2775

Re: Smoker recommendations? Meat, not Marlboro.

I enjoy managing the fire and temp manually, to me that’s part of the fun and the majority of the skill. Many just want to eat the results. What do you want? If you think you will enjoy managing the fire, experimenting with different lump charcoals and maybe some hard woods then the Weber Smokey Mou...
by DoubleComma
Thu Apr 08, 2021 7:03 pm
Forum: Personal Consumer Issues
Topic: How frequently should I water shrubs that were planted in late fall
Replies: 14
Views: 723

Re: How frequently should I water shrubs that were planted in late fall

I would check with your local nursery. To many variable to offer advice. Not sure plant type, soil type, ambient temp etc.
by DoubleComma
Thu Apr 08, 2021 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Leak under house, damage to floors, and insurance questions
Replies: 13
Views: 891

Re: Leak under house, damage to floors, and insurance questions

I think this is important... A close friend discovered a pinhole leak in a hot water line in the crawl space that created much of the same damage you describe. His insurance company declined the claim sighting that a burst pipe would be converted but a pin hole leak over time was a maintenance issue...
by DoubleComma
Thu Apr 08, 2021 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bill split between spouses
Replies: 81
Views: 4280

Re: Tax bill split between spouses

OP - out of curiosity, why not adopt a hybrid joint/personal account strategy. DW and I did this for several years and it simplified a lot for us. Deposit 100% of joint earnings into a single account that pays for 100% of joint expenses. No need to establish a ratio, that created when the deposits a...
by DoubleComma
Tue Apr 06, 2021 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise?
Replies: 10
Views: 735

Re: Asking for a raise?

In your company are there compensation grades and are each position assigned to a grade? If so, make sure you have a solid grasp of ranges in those grades to ensure you asking for the right thing. It might be that you don’t need to ask for a salary adjustment; you need to show how you role has grow...
by DoubleComma
Tue Apr 06, 2021 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise?
Replies: 10
Views: 735

Re: Asking for a raise?

In your company are there compensation grades and are each position assigned to a grade? If so, make sure you have a solid grasp of ranges in those grades to ensure you asking for the right thing. It might be that you don’t need to ask for a salary adjustment; you need to show how you role has grown...
by DoubleComma
Tue Apr 06, 2021 10:18 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 86
Views: 6697

Re: Family car

I’m looking to buy a family car to transport 5 people including two kids in car seats. My top contenders are Kia Telluride/ Hyundai Palisade. It’s killing me that I’m not only buying a gas guzzler, but about to drop $45k on it. I really thought my next car would be an electric car, but there aren’t...
by DoubleComma
Tue Apr 06, 2021 9:43 am
Forum: Personal Consumer Issues
Topic: fire pit recommendations
Replies: 33
Views: 3393

Re: fire pit recommendations

Washing machine drum. I’ve made a couple of them and prefer drums from front loaders. They have a solid bottom with a heavy duty threaded axle shaft. I bolted it to two car rims and painted it black. I’ve also just laid them on fire proof paving tiles but the rims raised it up for better heat and a...
by DoubleComma
Sun Apr 04, 2021 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house in Bay Area
Replies: 57
Views: 4569

Re: Buying a house in Bay Area

I get that Bay Area real estate has become very polarizing for many people. Lots of firm don’t do it opinions, warning that the bubbles going to burst, etc etc etc. We no longer live in the Bay Area, but did for years. Our first home was bought in Almaden (purchased Dec 2001). In the time we lived i...
by DoubleComma
Sat Apr 03, 2021 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Children age that would benefit from stay at home parent
Replies: 4
Views: 639

Re: Children age that would benefit from stay at home parent

IMO, having a parent at home through middle school and early high school is the most beneficial for the kids. I’m sure their is value at all ages, but in our family we can see clearly just how much value there is for someone to be home during the 12-15 age range. These are very challenging years for...
by DoubleComma
Sat Apr 03, 2021 11:27 am
Forum: Personal Consumer Issues
Topic: Landscape design plans
Replies: 12
Views: 1095

Re: Landscape design plans

I’ve done this twice in last couple years, one for the front and a second for the back. Both times I used local master gardners that I found through the local gardening clubs online. I paid $150/hr each time and both plans took about 3 hours to create. In the end I received a printed and digital pla...
by DoubleComma
Thu Apr 01, 2021 11:15 am
Forum: Personal Consumer Issues
Topic: Family car
Replies: 86
Views: 6697

Re: Family car

I’m looking to buy a family car to transport 5 people including two kids in car seats. My top contenders are Kia Telluride/ Hyundai Palisade. It’s killing me that I’m not only buying a gas guzzler, but about to drop $45k on it. I really thought my next car would be an electric car, but there aren’t...
by DoubleComma
Thu Apr 01, 2021 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Home Sellers Dilemma re Agent
Replies: 24
Views: 2165

Re: Home Sellers Dilemma re Agent

We have bought and sold several homes. Twice without agents but serval times with an agent. Each time using an agent I’ve structured it the same way. With all commission is split between agents... Traditional two agent sale 5% My agent represents both sides 4% I find the buyer 3% Buying/Selling isn’...
by DoubleComma
Fri Mar 26, 2021 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable trust proposed for parent with early dementia
Replies: 18
Views: 2089

Re: Irrevocable trust proposed for parent with early dementia

Whether a Trust will meaningfully help preserve assets depends on the costs in your area, your dad’s dementia progression, your mom’s future ability as a caregiver, and the level of support your parents will need over the next 5 years and beyond. My experience with my parents (n=1) is that an irrev...
by DoubleComma
Fri Mar 26, 2021 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Owners Title Ins., purchasing property from Judge
Replies: 43
Views: 2630

Re: Owners Title Ins., purchasing property from Judge

I know on every property I have owned and current still own the lenders title insurance policy is a separate and unique policy from the owners policy. Lenders policy only last as long as that loan is active. Pay it off or refi and the previous policy is no longer valid. Owners policy remains in forc...
by DoubleComma
Thu Mar 25, 2021 10:47 pm
Forum: Personal Consumer Issues
Topic: Digital persona - curating your online presence
Replies: 28
Views: 2078

Re: Digital persona - curating your online presence

I too have almost zero digital footprint. When Facebook first hit the scene I quickly surmised there was nothing there for me. I didn’t see why I wanted to see everyone’s “best” pseudo-life, nor did I want to share my daily activity with anyone else. So when Instagram, Twitter, Snapchat, etc etc etc...
by DoubleComma
Thu Mar 25, 2021 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Owners Title Ins., purchasing property from Judge
Replies: 43
Views: 2630

Re: Owners Title Ins., purchasing property from Judge

I have a owners title insurance policy on all my property. Some I bought, some were purchased by the seller, but I’m happy to have them and hope I never have to use it.
by DoubleComma
Thu Mar 25, 2021 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 652
Views: 48722

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

Annual Contributions/Savings: I max out my 403b and 457b for a total of $38k (low-cost Vanguard funds). I also contribute $11k/year toward a pension and $11k/year is going toward mortgage principal. We contribute a little bit toward a traditional IRA as well. The total savings are a bit over $60k/y...
by DoubleComma
Wed Mar 24, 2021 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 652
Views: 48722

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

Annual Contributions/Savings: I max out my 403b and 457b for a total of $38k (low-cost Vanguard funds). I also contribute $11k/year toward a pension and $11k/year is going toward mortgage principal. We contribute a little bit toward a traditional IRA as well. The total savings are a bit over $60k/y...
by DoubleComma
Wed Mar 24, 2021 11:29 am
Forum: Personal Consumer Issues
Topic: benefit of vaccination with kids at home
Replies: 26
Views: 1578

Re: benefit of vaccination with kids at home

There is no "right" answer to this question. Some folks are going to tell you traveling is a huge issues and those who travel are part of the problem. Others will say go right ahead and travel, the risk of serious infections are extremely low. In our family of 5, two are fully vaccinated, ...
by DoubleComma
Tue Mar 23, 2021 1:50 pm
Forum: Personal Investments
Topic: When do I pay taxes on Stock Bonus?
Replies: 8
Views: 657

Re: When do I pay taxes on Stock Bonus?

In my current company, and previous, the dollar amount of the grant was only relevant to determine how many shares you were being granted. At vesting the value of the grant is simply current share price times the number of shares granted. Then at vesting the custodian of the plan will automatically ...
by DoubleComma
Tue Mar 23, 2021 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase and Realtor Bidding Advice
Replies: 22
Views: 1886

Re: Home Purchase and Realtor Bidding Advice

Totally understand your frustration, it comes with the territory when you are trying to buy in an heated (or overheated) market. I've bought several homes, two times in a very heated markets. I've always used the same philosophy when making offers, I simply offered what the home is worth to my wife ...
by DoubleComma
Mon Mar 22, 2021 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred compensation packages for self employed
Replies: 4
Views: 410

Re: Deferred compensation packages for self employed

I don’t see how this would work. In a non-qualified deferred Comp plan there isn’t really anything invested like with a 401k or the like. Rather it’s essentially a loan back to the employer. The reason you make the loan is a reduction in taxable income, typically some incentive like a match and appr...
by DoubleComma
Mon Mar 22, 2021 10:30 pm
Forum: Personal Consumer Issues
Topic: Insurance will cover half the roof, how to get quotes for comparison and possibly switch insurance company
Replies: 5
Views: 840

Re: Insurance will cover half the roof, how to get quotes for comparison and possibly switch insurance company

Roofers deal with this, they know how to manage it. Request a quote for the entire roof as well as a second quote for the areas insurance is concerning. As for question #2, catastrophic home insurance doesn’t really exist, so what you do is raise your deductible to the point that you would call some...
by DoubleComma
Sat Mar 20, 2021 9:36 am
Forum: Personal Investments
Topic: Fisher is Contacting Me?
Replies: 24
Views: 2360

Re: Fisher is Contacting Me?

The reality is that they all put clients into high fee and inappropriate products and suck out what money they can before people wise up. I am not advocating Fisher, and can only speak from what I see of Fisher through my parents, who are clients. In my experience Fisher does NOT put clients into h...
by DoubleComma
Sat Mar 20, 2021 9:24 am
Forum: Personal Investments
Topic: Fisher is Contacting Me?
Replies: 24
Views: 2360

Re: Fisher is Contacting Me?

My parents are Fisher clients, couldn’t be happier. I’ve done the math on what their AUM equates over time. It doesn’t matter to them at all. I’ve been with them to a couple of the Fisher client events. Always first class and a lot of personal attention. My parents want a dedicated person to talk to...