Blog

Short blog posts, journal entries, and random thoughts. Topics include a mix of personal and the world at large.

Can you afford it though?

I reckon most people don’t think about the total cost of ownership when it comes to cars. So long as the monthly payment is reasonable, why the hell not! You can absolutely afford that $70,000 truck. I get it: those payments are the consistent, tangible thing on the monthly budget. And if you ever miss payments, the lending bank is coming to take that truck away.

Wouldn’t want that now, would we?

The other costly parts of car ownership shows up not nearly as often. We get to gripe about super high insurance costs only once every six months. State licensing is an annual thing. Maintenance? The typical new car has a few years of free maintenance at the dealership. Unless you drive an F ton of miles, wear items such as tires and brakes get replaced every few years. Out of sight, out of mind, and out of consideration.

Out of the budget, too. How many car owners actually save up money in preparation for that $1,500 tire bill, or $600 major service - after free maintenance expires? (I’m obviously excluding the rich folks who can more than afford to write a random $2,000 check like it’s nothing.) Anecdotally, I’ve seen many people who can’t come up with these sums so suddenly. So they either put it on a credit card, or cheap out on the needed service. “What’s the cheapest set of tires available for this car?”

What then counts as maintenance is taking the car to Walmart for oil changes. That’s it. I’m half convinced the reason certain car brands are unreliable is because of owners not following the specified maintenance procedure precisely. Simply changing the oil every year on a BMW is not going to cut it. On the other hand, a Toyota will still last forever on oil changes alone.

Which is why I have no worries about keeping my BMW M2 past its warranty period. I am going to maintain that car by the book - either with the dealership, or an independent BMW mechanic. And obviously, I’ve budgeted for this. New tires are due this year, and the cost is not going to be a surprise.

Book 'em, Danno

Today, in things you love to see: a notorious retail thief was convicted last week of stealing from our local Target store. This is a win for those us who follow the rules and pay for the stuff we buy. I sure hope San Francisco will continue enforcing laws and put some actual consequences to offenders. (Please do traffic violators next.) The citizenry deserves to live in a civilized society that is free of these nuisances.

I point any defeatist attitudes towards the island nation of Japan. There I can leave stuff in the backseat of our rental car, with the full expectation that the items will still be there upon returning. We - the United States - can and should also have such nice things. To say otherwise is simply tyranny of low expectations.

To the people who say Target’s insurance will make the company whole - therefore the few thievery should de-facto be tolerated: do you actively try to get into car accidents? Your auto insurance will repair your vehicle fully, am I right? That asshole in a truck not merging properly: I’m going to let him hit me. That will teach him! I am in the right!

Retail-theft is not a victimless crime. Regular, law-abiding shoppers are victims when we have to summon a staff person just to buy a tub of detergent. The workers are victims when they witness the thefts happening, and can do nothing about it (nor should they, from a safety perspective). The community can potentially be victims when the problem becomes so bad that entire stores shut down.

I don’t know about you, but I rather enjoying have a Target within walking distance.

It's still an iPad

My first reaction to the new iPads announced today is: my god these things are expensive. Not that the new iPad Air and iPad Pro has increased in price, mind you - one of the few things that hasn’t price inflated in recent years. It just never occurred to me how damn pricey those models are compared to the base poverty-spec iPad (9th generation) that I have ($309 with the education discount). I was and still am not the target audience to spend $999 (starting) for an iPad Pro.

And honestly, who is? A thousand dollars is main-computing-device kind of money. It is far too steep to pay for a secondary tablet. An iPad Pro (the old one and the new one) certainly has the computing horsepower to be a primary device, but I wonder deeply who is using it as such. Every single person I know, their tablet is a secondary (or tertiary, if we count the smartphone) thing for media-consumption.

I guess I can use an iPad as my primary machine, but it’s definitely far from ideal. I would be working around its limitations (such as poor windows/app management, not great multi-tasking, and cumbersome file management), rather than a MacBook Pro performing exactly what I need out of a computer. Apple sure wants people to use the iPad Pro as the main computer (being the control center for a four-iPhone multi-cam recording is freaking cool), though I remain skeptical there exist such users. I will continue to recommend to others that the best iPad is the very base model.

I plan to use my 9th-generation unit for many more years to come. This is not the year to be dumping money into nice-to-have gadgets. Not in this economy, not at these interest rates. Well actually, the interest rate would be zero because the Apple Card offers zero-percent financing. Hmmm…

Camping club

San Francisco State University is not immune to the pro-Palestine protests that’s been going around American college campuses. You expect nothing less in a bastion city of liberalism. (Except when it comes to building housing. On that we are conservative as heck!) Protesters have been camping on the SFSU campus lawns since last Wednesday. One question I do have: how do we know some of them aren’t actual homeless people looking to shack up for a time, undisturbed?

Whatever the endgame is, I hope it doesn’t turn violent like it has in Columbia University and UCLA. Protest in CSU Humboldt caused the remainder of the Spring semester to go virtual. What a freaking waste! Imagine surviving through the worst pandemic of ours lives (god willing), enduring years of online classes, only to have to do it all again. I’d be pissed if I paid full price tuition. All because some people thought camping on university grounds is an effective way to make a difference for two countries situated on the other side of the globe.

But more power to them - so long as things stay chill and peaceful. SFSU is a public university, so First Amendment rights are paramount. I am sure the same grace will be allotted to groups whose messages are not so majorly supported by the campus community. (Shoutout to the Bible-thumper guy who comes to SFSU from time to time, calling every passerby sinners and adulterers.) It was only a year ago when Riley Gaines was nearly chased away from making a speech.

Because universities should be a place for exchange of ideas. A coliseum for verbal jousting between those ideas. It’s a tremendous disservice if during a student’s four years of college that they never once hear something they strongly disagree with. That’s how you get people who got mental breakdowns when Trump was elected in 2016. The 2024 presidential election is rubbing its hands in anticipation.

You love to see it

Word on the street is that McDonald’s is finally feeling the heat from consumers for charging high menu prices. I am very happy to see that I am not the only one around here who is immensely price elastic when it comes to outside food. Ever since a simple meal at the local McDonald’s crossed over the rubicon of $10, I’ve been largely abstaining from the Golden Arches. The only time I go now is during free fries Fridays on the McDonald’s app - spend $1, get medium fries for free. I buy a soda.

I am also very happy to see the supply-demand economic see-saw is alive and well. Capitalism and the free market is not dead! Restaurants can’t keep hiking the prices forever. Though honestly I am a bit surprised at how quickly consumers have pulled back on spending vis-a-vis high menu prices. It’s way too easy to put things on a credit card, isn’t it? What’s $20 here and there when it’s the future you that have to pay for it. I’ve certainly been young, dumb, and friviolous with spending before.

If cost of goods sold remains high into the foreseeable future, I don’t see how much McDonald’s can reduce its prices. Especially here in California, where the government saw fit to implement a $20 per hour minimum wage for fast food workers. Forcing a salary floor is a hugely anti-free market move, an undue burden on the entrepreneur. California McDonald’s franchisees will be stuck between rock and a hard place: corporate rolls out new value menus, but their high labor cost leaves a very thin operating margin.

The way I see it, I don’t see outside food getting less expensive - back to pre-pandemic times - again. I’m going to be like my friend who lives in Switzerland. Eating out over there is tremendously expensive, so she mostly doesn’t. That’s going to me. We’ve got food at home, baby!

The laptop part of a laptop

I’ve owned this fantastically engineered Apple MacBook Pro 16-inch (M1 Max) for two and a half years now. The laptop has spent most of that time docked to an external monitor. On a recent curious check with the coconutBattery app, this very MacBook Pro I am typing on has only got 14 battery cycles on it. Perhaps I should have bought a Mac mini instead…

Ah yes, I remember why I bought a beefy Mac laptop instead of a desktop. If life situation ever changes, and I need to move in quick order, a laptop is far easier to haul around with me. My entire digital life in a four and half pound machine. I would sell the monitor and the extra nice-to-have peripherals, and take just the MacBook Pro.

It used to be that it’s superbly unhealthy for laptop batteries to be constantly plugged into power. At my work, I’ve seen plenty of bulging batteries due to users never using their laptops as a laptop. However, in recent years, Apple has done a tremendous job in managing its laptop batteries - automatically - within the operating system. MacOS learns the usage pattern and adjusts the charge levels accordingly. My MacBook Pro is kept at a 80 percent charge at all times, because I never take unplug it from the monitor.

I was pleasantly surprised to read in the same coconutBattery report the battery still has 96% of its design capacity. To put it another way: it has only degraded 4% from new. I am very happy with that. Barring some unexpected monetary windfall that probably should go towards investments, I plan to use this M1 Max MacBook Pro for many more years. It’s good to see the battery is self-managed for maximum longevity.

What the heck are you doing, Windows laptop manufacturers?

Can you though?

As a car enthusiast of over two decades, I am extremely familiar with stretching our dollars in order to buy cars. People spend money on eating out, we spend it on cars. If I weren’t a car enthusiast with a penchant for switching (brand-new) rides every three years, I would have immensely more wealth in investment accounts right now.

Obviously, they don’t give out medals for having the most money going to the grave. In this life you got to spend your money on something. It’s all about balance.

What my brother is planning to do is very far off balance. He’s put in an order for a car that is three times his annual income. Fair enough: he’s been saving diligently for as big a downpayment as possible. And apparently, with “exotic” cars, there exist banking services that would finance them for far longer terms than the typical mainstream vehicle. That is how my brother plan to “afford” this supposedly incoming car.

I’m sure the man-maths are working overtime to justify this move. However, the mistake is trusting the numbers on paper are static. Just look at recent inflation: gas, insurance, and maintenance costs have increased dramatically. The monthly fixed costs seem to be going ever higher. I guess my brother can save on gas by not driving the car, but then… what the heck is the point?

Then there’s the variable costs, with life being the variable. Pinching every possible penny to afford a car means any surprises down the proverbial road - and there’s always going to be surprises - will put my brother into the negative immediately. Can he afford an unscheduled wheel and tire replacement (unfortunate encounter with a pothole, let’s say) when he can barely afford the monthly payments? The only way the math is going to work is if life goes absolutely perfect. That’s simply not possible.

I’ve told my brother all of this, of course. Hopefully it’s enough to steer him from an enormous financial albatross.