Search found 111 matches

by Glasgow
Mon Apr 05, 2021 12:13 am
Forum: Personal Consumer Issues
Topic: My Next Car: Tesla S vs BMW 540iX
Replies: 25
Views: 2921

Re: My Next Car: Tesla S vs BMW 540iX

If you want to keep your car beyond warranty, you might want to get an EV. If you can wait, go for electrified 5-series. Tesla cannot hold candle to BMW 5 series even F10 craftsmanship; It's careless assembly and sloppy/shameful/embarrassed quality assurance for example: misaligned body panels inter...
by Glasgow
Mon Mar 08, 2021 12:46 am
Forum: Personal Investments
Topic: Cash Out Refi to Invest
Replies: 32
Views: 1990

Re: Cash Out Refi to Invest

I was tempted to do cashout finance on our house but cancelled. Paid-off house would give one peace of mind, especially, on job security. I would suggest against it, and do DCA instead. You don't notice that your shoes are comfortable until you walk on bare feet.
by Glasgow
Wed Feb 17, 2021 9:24 pm
Forum: Personal Consumer Issues
Topic: Window screen mending, fixing, patching
Replies: 16
Views: 999

Re: Window screen mending, fixing, patching

I bought screen roll, square cut corner, tool and 250' spline from Amazon - something like below and fix any broken screen at home. The hardest part was getting the right size of screen hole size to closely match with our existing ones, spline and square corner. The first couple ones were hard, but ...
by Glasgow
Sun Jan 24, 2021 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Mulling to move from Silicon Valley to Elk Grove (CA)
Replies: 10
Views: 865

Re: Mulling to move from Silicon Valley to Elk Grove (CA)

Tallying up all our liquid assets, we are FI. If we sold our sizable house in south valley and paid out right for a 3/4 size house in Elk Grove, we'd be left with additional 35% to our liquid asset. Our DS is having another year in HS and he's fine with moving. The other dude will get to middle sch...
by Glasgow
Sun Jan 24, 2021 1:07 am
Forum: Personal Finance (Not Investing)
Topic: Mulling to move from Silicon Valley to Elk Grove (CA)
Replies: 10
Views: 865

Re: Mulling to move from Silicon Valley to Elk Grove (CA)

GreendaleCC wrote: Sun Jan 24, 2021 12:40 am Why Elk Grove?
Quiet and a couple of our relatives and friends live there. I'm open to suggestion on surrounding area. We prefer weather similar to the valley but quiet and medium to low local traffic.
by Glasgow
Sun Jan 24, 2021 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Mulling to move from Silicon Valley to Elk Grove (CA)
Replies: 10
Views: 865

Mulling to move from Silicon Valley to Elk Grove (CA)

Tallying up all our liquid assets, we are FI. If we sold our sizable house in south valley and paid out right for a 3/4 size house in Elk Grove, we'd be left with additional 35% to our liquid asset. Our DS is having another year in HS and he's fine with moving. The other dude will get to middle scho...
by Glasgow
Sun Jan 17, 2021 3:10 pm
Forum: Personal Consumer Issues
Topic: Anyone have the new Apple M1 MacBook?
Replies: 28
Views: 2896

Re: Anyone have the new Apple M1 MacBook?

I've gotten M1 Air and my impression so far: 1. Keyboard: Better than butterfly (last version of their keyboard on Macbook pro - I hate the tick-tat sound and feel), but not as nice touch as your mid-2012 Macbook Pro keyboard. 2. No touchbar like I had on my Macbook pro 13 - yay. I like real keys. 3...
by Glasgow
Thu Jan 07, 2021 3:55 pm
Forum: Personal Investments
Topic: Any real life long term success stories with Boglehead style investing?
Replies: 9
Views: 1184

Re: Any real life long term success stories with Boglehead style investing?

Welcome to the forum!
Visit Networth Progression thread which demonstrates Boglehead long term investing style coming to fruition with hard data you're looking for.
viewtopic.php?f=2&t=139157
by Glasgow
Sat Jan 02, 2021 1:49 am
Forum: Investing - Theory, News & General
Topic: Taylor Sends His Best to Fellow Bogleheads
Replies: 334
Views: 26746

Re: Taylor Sends His Best to Fellow Bogleheads

I've seen Taylor replied to some posts; it tells he's both "surf" and "cruise" well. I'm glad you are well Taylor. At your age, your rank is my grandpa!
by Glasgow
Sat Jan 02, 2021 1:43 am
Forum: Personal Investments
Topic: Worried we may have won the game - now what!?
Replies: 63
Views: 9288

Re: Worried we may have won the game - now what!?

If I were you, I'd work for another few years until the portfolio hits at least $4M to have some safety margin in case a couple of years out of 25 or so years the market dips by 30-40%. If you jumped now, you might not have much confidence to take the leap of faith based on current portfolio size, h...
by Glasgow
Thu Dec 31, 2020 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: So what kind of raise did you guys get for 2021?
Replies: 222
Views: 16881

Re: So what kind of raise did you guys get for 2021?

Anyone at 0% (or worse) should be in the market for a new job. Actually blown away at the “well, been flat for 3 years...” replies. Invest the time to see what you’re worth on the open market. From some of the other replies... this K shaped recovery is creating massive winners. The amount of posts ...
by Glasgow
Thu Dec 31, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: So what kind of raise did you guys get for 2021?
Replies: 222
Views: 16881

Re: So what kind of raise did you guys get for 2021?

Mine is not until March, and I've been expecting between 2.75% to 3.5% for the last 1.5 decades.
by Glasgow
Sun Dec 27, 2020 11:56 pm
Forum: Personal Consumer Issues
Topic: Any decent luxury sedan with good reliability and sound system
Replies: 37
Views: 2917

Re: Any decent luxury sedan with good reliability and sound system

Currently drive 2002 Acura TL (came with Bose sound system). Love that car but might need to be replace in few months. Budget is <$40k with <20k miles. Heard nice things about Lexus ES350 but have not driven yet. Top priority is reliability and quiet car with decent sound system. Anything else out ...
by Glasgow
Sun Dec 27, 2020 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tips to track monthly budget
Replies: 51
Views: 3711

Re: Tips to track monthly budget

In our case, we have 1 main credit card and some various 5% discount ones. All utility, tax and credit card bills are paid by 1 checking account. We can figure out how much we spent over the last 12 months by looking at tax, utility and credit card payments and divided by 12. That's 32000 ft level. ...
by Glasgow
Sun Dec 27, 2020 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: How important is tax strategy for building wealth?
Replies: 158
Views: 11298

Re: How important is tax strategy for building wealth?

It's important during and after wealth building. During wealth building we use tax deferred 401k, Roth IRA, etc. Living in a house more than 2 years within 5 years to take advantage of $250k(single)/$500k(couple) capital again exclusion. Using 529 to seed some amount and let it grow tax free; effect...
by Glasgow
Sun Dec 27, 2020 10:50 pm
Forum: Personal Investments
Topic: Early Retirement Planning Help
Replies: 6
Views: 863

Re: Early Retirement Planning Help

First time poster but a long time reader. We were reviewing our portfolio and needed some wisdom from the community for planning for the future. We are high income earners in low 40s who live in a HCOL area. We have been diligent savers for over a decade and have built a good NW. But our plans have...
by Glasgow
Sun Dec 27, 2020 10:28 pm
Forum: Personal Investments
Topic: Thoughts on investing in BRK.B on a long term basis?
Replies: 12
Views: 1495

Re: Thoughts on investing in BRK.B on a long term basis?

Speaking first hand experience here. I bought both AAPL and BRK.B a few years ago at around $100/pop. Decided then to sell AAPL but keep BRK.B :oops: Other than that I've invested mostly in SPY and some muni bond fund. There were times I harvested tax loss and used that to convert BRK.B to SPY. I st...
by Glasgow
Sat Dec 05, 2020 12:00 pm
Forum: Personal Consumer Issues
Topic: Saving $ on my coffee habit
Replies: 95
Views: 6075

Re: Saving $ on my coffee habit

I spend about $4/day for coffee from a coffee shop. Sometimes $8 if I go again in the afternoon. I'd like to reduce this and save a bit more $. It seems I could go for a Keurig or Nespresso machine and get that number down to about $1 per coffee pod? I have no idea how this compares to homemade pou...
by Glasgow
Wed Oct 28, 2020 11:27 pm
Forum: Personal Consumer Issues
Topic: Harbor Freight Good Values?
Replies: 88
Views: 5297

Re: Harbor Freight Good Values?

I bought a bunch of tools there and still use until this day:
Mallet
Brushes
Pickers
Impact sockets
Breaker bar
Ratchets
Syphon pump
Hydraulic jack, but I would never bet my life on it, so I no longer use it. I use the one from Costco instead.
by Glasgow
Mon Oct 26, 2020 1:44 am
Forum: Personal Finance (Not Investing)
Topic: It's been 3 weeks waiting for trust approval from title for refinance?
Replies: 0
Views: 225

It's been 3 weeks waiting for trust approval from title for refinance?

Rather than posting on Refinance Megathread, I decide to post a separate one. Our house is in revocable trust, and AmeriSave mortgage processor has updated us the same status for the last 3 weeks that they're still waiting for trust approval from title. Is this normal? This is the first time we refi...
by Glasgow
Thu Oct 01, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10202
Views: 732617

Re: Refinance Mega Thread

I'm asked by loan officer to provide a copy of Grant Deed. Is it a norm now? I've never been asked for any refinance before. Just want to share another data point that I do cash out refinance <$500K and the rate is 3% with $4.5K lender credit. I'll then refinance again later on when the loan will be...
by Glasgow
Sun Sep 20, 2020 11:55 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 17094

Re: Coping with Megacorp rat race

Often, I like to detach from my role and become a scientific observer, more interested in understanding the power dynamics and the company as a system, rather than with a specific role to play. There is often little reason I need to care about the same things my employer does. AND...THIS I usually ...
by Glasgow
Sat Sep 19, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 17094

Re: Coping with Megacorp rat race

Often, I like to detach from my role and become a scientific observer, more interested in understanding the power dynamics and the company as a system, rather than with a specific role to play. There is often little reason I need to care about the same things my employer does. AND...THIS I usually ...
by Glasgow
Tue Jun 16, 2020 2:42 pm
Forum: Personal Consumer Issues
Topic: Do you reward yourself for achieving a financial goal?
Replies: 167
Views: 12497

Re: Do you reward yourself for achieving a financial goal?

Hi, Like the title says, did you ever buy luxury for as a reward? Like a nice rolex when reaching 250000 net worth or a new BMW at 500000 or something like that? BMW cars are well engineered and designed, but one will surely regret after warranty expired. We've gone through 4 BMWs and the 550i infa...
by Glasgow
Tue May 12, 2020 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 8491

Re: Should you include home equity in Net Worth?

Yes but I deduct 10% for commission, fix up and some transfer tax, etc. 50% price of retirement home when kids have their own nests and we downsize. Let's say the house is $1M, so targeted retirement home would be $500K. 10% for commission, fix up and some xfer taxes = $100K So, our equity accounted...
by Glasgow
Wed Sep 04, 2019 12:40 am
Forum: Personal Consumer Issues
Topic: Tesla Auto Insurance
Replies: 1
Views: 542

Tesla Auto Insurance

Has anyone purchased Tesla Auto Insurance for your Tesla? My Geico increases premium 100% since last year after one claim. I got an online quote from Tesla's insurance site and it's about $500 cheaper than Geico for the Tesla itself. Before jumping on, I'd like run pass bogleheads if I might overloo...
by Glasgow
Tue Sep 03, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: What's your "philosophy" on youth sports?
Replies: 47
Views: 3030

Re: What's your "philosophy" on youth sports?

My philosophy on youth sport is to let kids choose whatever they like. I see AAU business communities make money out of parents: - Join the team - paying membership fee/tuitions - Drive/fly to places for tournaments - spending on gas, airfare, car rental, hotel, eating out, etc. What we've and other...
by Glasgow
Sun Aug 11, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: San Jose (CA) cost of living
Replies: 36
Views: 4468

Re: San Jose (CA) cost of living

Someone mentioned bullet train in San Jose. I temporarily left CA for 2 weeks ago for vacation, and bullet trains have just been completed. Congratulations to CA for being ahead of schedule. BTW, mail theft, drivers without car insurance, hit-and-run and burglary in SJC are an epidemic. Gas prices a...
by Glasgow
Thu Jul 18, 2019 11:54 am
Forum: Personal Consumer Issues
Topic: Extended warranty for kitchen appliances
Replies: 31
Views: 2313

Re: Extended warranty for kitchen appliances

Based on my experience with Samsung fridge, I’d suggest you buy it. Low ice output due to bad seal, ice cobbles due to bad sensor, and torn door seal. Glad that we bought the extended warranty.
by Glasgow
Thu Jul 04, 2019 1:45 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 626
Views: 85758

Re: What lifestyle creep made you happier?

Cruise: - Started out cruising with Carnival, inner room and Deck 4. Felt engine's vibration while sleeping. + Tried out on Celebrity and gradually booked porter hole, ocean view and then balcony. Can't go back. Electric car: - Every time we drive our ICE car, we hear engine noise, feel engine vibra...
by Glasgow
Wed Jul 03, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 24694

Re: Do you share your net worth with family members?

No, but our relatives have an idea our net worth. Here's why: 1. House price: they know where we live. Punch in house address on Zillow.com and they'll be able to figure out how much I bought it for and how much it now. If they want more detail, they'd presume 20% down payment and the interest rate ...
by Glasgow
Wed Jul 03, 2019 7:12 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5075
Views: 1323711

Re: What Book Are You Currently Reading? Part VI

Franklin Barbecue - A Meat-smoking Manifesto
by Glasgow
Wed Jul 03, 2019 7:11 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 12711

Re: Pick one: $135,000 rental property or $110,000 in REITs

Maybe. Maybe not. If housing market is going up consistently due to jobs and supply-and-demand, and net income is positive, then, yes, leveraging that $135K would be good for 1 or 2 houses. Assuming the gain in the next 5 years beats the heck out of REIT. If the housing market is pretty much flat, t...
by Glasgow
Fri May 31, 2019 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 45935

Re: For those who earn $500k+ per year. How'd you do that?

Retired military fighter/test pilot ($100k). Transitioned to business development starting at the director level of $200M division ($150k). Moved up to VP of BD at the billion dollar level ($400k) then president of a division ($600k total comp). At the president level, comp is 1/3 salary, 1/3 bonus...
by Glasgow
Fri May 24, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: 4M 70K expenses would you stop?
Replies: 153
Views: 18775

Re: 4M 70K expenses would you stop?

Definitely. Travel and/or do something you like.
by Glasgow
Tue May 21, 2019 11:26 am
Forum: Personal Investments
Topic: Retirement goal seems far away
Replies: 25
Views: 2253

Re: Retirement goal seems far away

10 years is shorter than my Weber gas grill’s age (20 now) or my Sunbeam iron (15 years old and just used it this morning). 8-)
by Glasgow
Tue May 21, 2019 10:26 am
Forum: Personal Investments
Topic: Retirement goal seems far away
Replies: 25
Views: 2253

Re: Retirement goal seems far away

Imagine you are on the airplane and watching your watch, your mind would say that the flight time is like eternity. I had the same thinking as yours before, and what I've done is looking for interesting thing in my work and life and enjoy things along the way. Once in a while, when market goes up, y...
by Glasgow
Sun May 19, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 22052

Re: High net worth, elite private or “good” public

Parenting is 50% of the equation. 40% is the child. 10% is the school. We debated whether we sent our elder son to private or public. We chose the later. The demographic and environment is quite good, but his academic achievement is mediocre (B and above in all class except math although he mostly ...
by Glasgow
Wed Apr 17, 2019 9:53 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 107
Views: 11247

Re: Luxury car recommendations?

IMO you aren’t missing anything. I had a Benz for many years and it was honestly the worst car I’ve ever had. Within a week you will tire of the do-dads and nick-knacks (which all cost a fortune to fix). Buy a Volkswagen to get some higher build quality without the gimmicks and be done IMO. I would...
by Glasgow
Wed Apr 17, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 107
Views: 11247

Re: Luxury car recommendations?

We're lifelong savers. With some luck we're doing relatively fine financially. So we'd like to live a bit more. In the past we usually buy a brand new Camry or like, and run for 10 years and repeat. Now we are wondering if we should try a Lexus or something similar? Some background info: We are cer...
by Glasgow
Mon Apr 15, 2019 11:49 pm
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 12274

Re: seriously thinking about leaving S. CA but where to?

123 wrote: Mon Apr 15, 2019 11:40 pm Do you know the way to San Jose (California)? The beach is over the hill in Santa Cruz with lots of options.
The starting price in good neighborhood is somewhere around $1M for a 3BD/2BA, hence, $12K-13K prop tax. Not good for retirement.
by Glasgow
Mon Apr 15, 2019 10:46 pm
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 12274

Re: seriously thinking about leaving S. CA but where to?

I'm thinking on the same line as OP except I'm from NorCal. On the way out of post office this morning, I picked up New Homes (for Bay Area and vicinity) ad magazine. To my surprise, new homes in West Sacramento start at 300's. With that, I might consider buying an old house for a couple of or 3 hun...
by Glasgow
Mon Apr 15, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 7797

Re: After financial independence, do you play credit card bonus games?

For those who've earned high 4- or 5-digit bonus, do you discriminate against Discover or AMEX due to less number of stores accept them?
by Glasgow
Mon Mar 25, 2019 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement - hypothetical
Replies: 58
Views: 6214

Re: Early retirement - hypothetical

What are your annual expenses? I would recast this idea as "working part-time" or "taking care of the kids" or something like that rather than early retirement. From what you've said it sounds like you could make it work if your spouse is onboard. I'd also leave your 401k/IRA al...
by Glasgow
Sun Mar 24, 2019 2:46 am
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 6446

Re: Where do you find high paying jobs?

Salaries and benefits at FAANG and other high tech companies are comparable (except at Google you can add more fat onto your body). The significant difference is sign-on RSU. Refreshed RSU grant might not be as much compared to sign-on one. To get consistent high paying job, work in high tech fields...
by Glasgow
Sat Mar 09, 2019 2:51 am
Forum: Personal Consumer Issues
Topic: Best Car Values
Replies: 155
Views: 12876

Re: Best Car Values

Preaching the choir...LBYM. we buy cars as long as we can comfortably and financially afford based on my NW, income, need/want. Also if something we enjoy daily, we are willing to pay the price because that's our fruit of labor. In our case, we have a BEV. In our particular cases, we've got comfort,...
by Glasgow
Sat Mar 09, 2019 2:25 am
Forum: Personal Consumer Issues
Topic: Espresso Maker 2019
Replies: 106
Views: 8657

Re: Espresso Maker 2019

I've used Breville 870XL a with integrated hopper and burr grinder for 6 years. I had to go through trial-and-error with grinder dial to get to the level of ground coffee the machine and I want; too coarse ground coffee impedes pressure build up and too fine would suffocate it. It has gone through 3...
by Glasgow
Tue Mar 05, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 26386

Re: Talk me in/out of $35k Tesla Model 3

I was once rear-ended at around 30 mph, and wife scrubbed the edge of a concrete a wall while turning right into a parking space at 1-2 mph next to the wall. - The rear-ended one got into the frame, and quarter panel, rear gate, bumper and rear frame support. Total repair cost $22K - The scrubbed on...
by Glasgow
Wed Jan 30, 2019 2:12 am
Forum: Personal Consumer Issues
Topic: Please share some lifestyle creep you regret.
Replies: 226
Views: 28211

Re: Please share some lifestyle creep you regret.

Camera - Use occasionally for family portrait. Too heavy to lug around. Still love superb quality colors and details of photos produced by this camera and selected lens for certain type of shots Motorcycle - Wife always discourages me to ride although I still like to on countryside road for fresh a...
by Glasgow
Sat Oct 20, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 160
Views: 14490

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

Hit the sack between 10:30 and 11:15 PM. Get up at around 6-6:45 when DW gets up to cook lunch. There are times I wake up at 4-4:30. If I can get back to sleep, I would. Otherwise, get up, consume a warm glass of water and look for something to read i.e. bogleheads.org, books or reflect. Any day tha...