Search found 10585 matches

Go to advanced search

by EmergDoc
Sun May 17, 2015 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Forbes article by Wade Pfau: Improving Retirement Outcomes with Investments, Life Insurance, and Income Annuities
Replies: 41
Views: 3336

Re: Forbes article by Wade Pfau: Improving Retirement Outcomes with Investments, Life Insurance, and Income Annuities

Hi everyone, What are your thoughts regarding this article by Wade Pfau? http://www.forbes.com/sites/wadepfau/2015/05/13/improving-retirement-outcomes-with-investments-life-insurance-and-income-annuities/ I thought the assumptions gave an unfair advantage that caused the conclusions to lean more to...
by EmergDoc
Sun May 17, 2015 1:24 am
Forum: Personal Finance (Not Investing)
Topic: Divorce and Marriage
Replies: 21
Views: 2556

Re: Divorce and Marriage

If you are in a good marriage, how do you make a successful marriage work with all of the different things going on like kids and careers? What are some key things to look for in the other person? Things that concern me and things I try to avoid in a potential mate are: Health Issues - I run into g...
by EmergDoc
Fri May 15, 2015 6:24 pm
Forum: Personal Consumer Issues
Topic: Home Prices Are Way Too High
Replies: 26
Views: 3618

Re: Home Prices Are Way Too High

That's funny. I thought it was the rent.

http://www.iheartbudgets.net/wp-content ... n-high.jpg
by EmergDoc
Thu May 14, 2015 5:45 pm
Forum: Investing - Theory, News & General
Topic: International - Who really is at 40%
Replies: 93
Views: 6641

Re: International - Who really is at 40%

I see a lot of talk to "going to 40%" for International stock fund allocation, but who is there? Is now a good time to do this? I can't quite tell if the question is "Should I go down to 40%?" or "Should I go up to 40%?" but I guess it doesn't matter, because the answe...
by EmergDoc
Thu May 14, 2015 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: 15 vs 30 yr mortgage
Replies: 83
Views: 7669

Re: 15 vs 30 yr mortgage

Hey everyone. I'm building a new home and shopping around for mortgages. I'm looking for some feedback on the question of 15 yr vs 30 yr loan terms. Assume I can comfortably afford the 15 yr monthly loan payment. What I am seeking to understand is with interest rates at near all time lows, does it ...
by EmergDoc
Thu May 14, 2015 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Finally broke up with advisor (who plugged Vanguard)!
Replies: 5
Views: 1472

Re: Finally broke up with advisor (who plugged Vanguard)!

We finally pulled the plug on our 1% AUM financial advisor, along with additional average expense ratio of 1.1%. A tremendous thank your to the forum for discussing so many insightful topics that helped affirm our plan over the past months. Special shout out to EmergDoc, who we started following du...
by EmergDoc
Wed May 13, 2015 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Any experience with plasma donation to boost income?
Replies: 67
Views: 4822

Re: Any experience with plasma donation to boost income?

My question is has anyone here had any experience with being paid for donations of this kind or other kinds? What has your experience been, and what pros or cons would you note? I have also looked into and am open to donations of all kinds that could provide me the ability to pay these loans off qu...
by EmergDoc
Wed May 13, 2015 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth: Schooling my CPA and getting charged for it!
Replies: 134
Views: 9621

Re: Backdoor Roth: Schooling my CPA and getting charged for it!

I've had a lot of docs have to explain to their CPAs and their financial advisors how a backdoor Roth IRA works. They usually subsequently fired the advisor/accountant. If you really think an advisor/accountant should be paid $400 for reading something like this: http://whitecoatinvestor.com/backdoo...
by EmergDoc
Sun May 10, 2015 6:59 pm
Forum: Personal Consumer Issues
Topic: Should I buy a lighter bicycle or lose body weight?
Replies: 53
Views: 3959

Re: Should I buy a lighter bicycle or lose body weight?

I dunno, $600 a lb seems like a pretty good deal to me. That said, I'm sticking with the 22 lb aluminum road bike I bought in 08 for now.
by EmergDoc
Sat May 09, 2015 10:10 pm
Forum: Personal Consumer Issues
Topic: Lightweight camping gear
Replies: 41
Views: 2691

Re: Lightweight camping gear

For the tent, I'd like it to handle well in the wind, rain, be around 3 pounds, compact, well ventilated and not that much money. The lighter the tent, the less well it handles wind/rain/snow, horizontal blowing sand etc. However, you can get light, cheap, compact, and well-ventilated pretty easy. ...
by EmergDoc
Sat May 09, 2015 10:09 pm
Forum: Personal Consumer Issues
Topic: Lightweight camping gear
Replies: 41
Views: 2691

Re: Lightweight camping gear

The less it weighs the more it costs. In my experience, the biggest weight loss you can get is simply doing without stuff. Pills instead of filters, no tent, one set of clothes, a measuring cup with a spoon instead of plate, cup, bowl, fork, knife, spoon etc. Don't take anything you're not positive ...
by EmergDoc
Fri May 08, 2015 11:07 am
Forum: Personal Finance (Not Investing)
Topic: HSA Bank of America?
Replies: 6
Views: 721

Re: HSA Bank of America?

Depends on how much the hassle is worth and what investments are available at BOA. Personally, I use HSA Bank and invest it all in one lump sum into TSM the first week of January each year.
by EmergDoc
Fri May 08, 2015 11:02 am
Forum: Investing - Theory, News & General
Topic: If you worry about a correction, you shouldn't own stocks
Replies: 50
Views: 5607

Re: If you worry about a correction, you shouldn't own stocks

Pretty funny juxtaposition. The thread right above yours as I write this is titled "move to cash for upcoming bear market?"
by EmergDoc
Thu May 07, 2015 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Easy careers to last me to retirement?
Replies: 141
Views: 17006

Re: What job to get to coast to Retirement at age 59 1/2?

While I can't relate, there are many, many people who feel the same way as the OP. Learning the ins and outs of government aid programs can be surprisingly profitable- SS disability, food stamps, Medicaid etc. While there are obviously lots of people on those programs who need them, even their great...
by EmergDoc
Thu May 07, 2015 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off student loans by selling house
Replies: 43
Views: 2576

Re: Paying off student loans by selling house

There's a good possibility that I'm going to be getting married soon. I've been thinking about how to handle my girlfriend's student loan debt if that happened. She has about $57,000 in debt through several student loans with rates of interest averaging around 7%. Here's the plan: I will sell my ho...
by EmergDoc
Sun May 03, 2015 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor
Replies: 14
Views: 1087

Re: Financial Advisor

As a general rule, Edward Jones and American Funds are to be avoided. The sad, but honest, truth.
by EmergDoc
Sun May 03, 2015 5:21 pm
Forum: Investing - Theory, News & General
Topic: Quality/Value/Momentum Index
Replies: 36
Views: 2037

Re: Quality/Value/Momentum Index

Combining MO and value is sort of what total market does, isn't it? I'd like to hear your definition of momentum. To me, it sounds a lot like following and investing in recent performance, which we have lots of names for. :happy If that is true, then it's the opposite of value investing. Seems toug...
by EmergDoc
Sun May 03, 2015 4:36 pm
Forum: Personal Consumer Issues
Topic: How To Find The Best Doctor
Replies: 42
Views: 2861

Re: How To Find The Best Doctor

In my line of work, the best doctor is the one on duty. If you need a doctor, and you need her now, the one in the ED is far better than the one off rock climbing.
by EmergDoc
Thu Apr 30, 2015 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Own Occ Disability Insurance
Replies: 20
Views: 1447

Re: Physician Own Occ Disability Insurance

Rates might be different for a resident vs an attending emergency doc too. I wouldn't spend much time worrying about the specialty-specific issue there. Have your independent agent pull up both policies side by side and explain to you the differences. You're paying him a fat commission for that work...
by EmergDoc
Thu Apr 30, 2015 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Physician Own Occ Disability Insurance
Replies: 20
Views: 1447

Re: Physician Own Occ Disability Insurance

If a Guardian policy was $2000 and Principal was $1800, I'd buy Guardian. Some people would rather save the money and I don't blame them, that's why I offer all of the options instead of being captive to one company. Everyone has their own budget and risk tolerance. But if the Guardian policy were ...
by EmergDoc
Wed Apr 29, 2015 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Own Occ Disability Insurance
Replies: 20
Views: 1447

Re: Physician Own Occ Disability Insurance

Principal puts emergency docs in a less expensive occupational class than some of their competitors. So you get a similar policy for less money. If I were buying another policy today, it would be a Principal one. http://whitecoatinvestor.com/disability-insurance-occupational-classes/ ER doc is a 4M...
by EmergDoc
Wed Apr 29, 2015 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan attack plan...
Replies: 16
Views: 1173

Re: Student loan attack plan...

I'm thinking about annihilating my SL's in the next 10 months by putting all my income towards them instead of investing any of it in the market. What do you guys/gals think about that as a plan? Is it really that bad to be out of the market for 10 months? I have about $70k in student loans at 3% w...
by EmergDoc
Wed Apr 29, 2015 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Own Occ Disability Insurance
Replies: 20
Views: 1447

Re: Physician Own Occ Disability Insurance

Principal puts emergency docs in a less expensive occupational class than some of their competitors. So you get a similar policy for less money. If I were buying another policy today, it would be a Principal one.

http://whitecoatinvestor.com/disability ... l-classes/
by EmergDoc
Wed Apr 29, 2015 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Own Occ Disability Insurance
Replies: 20
Views: 1447

Re: Physician Own Occ Disability Insurance

The "best" policy for you is state, specialty, gender, and health specific. However, most emergency docs should give serious consideration to a policy from Principal. Be sure to go to an agent who can sell you a policy from any company.
by EmergDoc
Sat Apr 25, 2015 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Nice Round Number reached tonight
Replies: 32
Views: 4960

Re: Nice Round Number reached tonight

Congratulations! That's really great for 41.
by EmergDoc
Fri Apr 24, 2015 11:57 am
Forum: Personal Consumer Issues
Topic: ER/Urgent Care/AmWell online A Choice
Replies: 6
Views: 695

Re: ER/Urgent Care/AmWell online A Choice

If it's not emergent why not go see your primary doctor in clinic? He knows you best. If it is emergent, why spend $45 so the guy on the screen can tell you to go to the ED? I've seen these guys out recruiting doctors to do these consultations. I can assure you that many of these calls will end with...
by EmergDoc
Thu Apr 23, 2015 5:09 pm
Forum: Investing - Theory, News & General
Topic: Do you Bogleheads really follow the 3-4% SWR rule?
Replies: 48
Views: 4699

Re: Do you Bogleheads really follow the 3-4% SWR rule?

It's more of a guideline than a hard and fast rule. https://www.youtube.com/watch?v=6GMkuPiIZ2k I find the concept of an SWR far more useful in determining how much money you need to retire than in actually managing it in retirement. The idea that your expenses will go up every year of retirement w...
by EmergDoc
Wed Apr 22, 2015 10:37 pm
Forum: Personal Consumer Issues
Topic: Physicians: What's your vacation policy?
Replies: 28
Views: 2946

Re: Physicians: What's your vacation policy?

Self-employed. No paid vacation. 15 shifts a month. If I want a week off, I cram them into the rest of the month.
by EmergDoc
Wed Apr 22, 2015 10:36 pm
Forum: Investing - Theory, News & General
Topic: "4 Passive-Investing Pitfalls to Avoid"
Replies: 4
Views: 1458

Re: "4 Passive-Investing Pitfalls to Avoid"

"If you have a bond fund or if you want to hold a bond fund, you should either house it inside of an IRA or maybe if you want to put it in a taxable account, make sure you're looking at munis." This is the conventional wisdom, but I keep seeing people saying the opposite is true in today'...
by EmergDoc
Wed Apr 22, 2015 12:27 pm
Forum: Investing - Theory, News & General
Topic: Marketplace Lending as an Asset Class
Replies: 6
Views: 610

Re: Marketplace Lending as an Asset Class

I have not invested. Seems like the time and effort for 5% of portfolio is not worth it for me. Maybe if it is like a hobby? Why not just use a high yield muni or junk bond fund? Returns are higher. Per the rule of 72, at 12% (my actual XIRRed P2P returns) my money doubles every 6 years. At 5% (Van...
by EmergDoc
Tue Apr 21, 2015 10:18 pm
Forum: Investing - Theory, News & General
Topic: Retirees: What is your SWR in retirement?
Replies: 45
Views: 4087

Re: Retirees: What is your SWR in retirement?

The ideal, of course, is not to want to spend more than 2%. But if I felt like I were holding back and only spending 2-3%, well, I think that's ridiculous. The likelihood of you running out of money AND running out of time with a 4-5% withdrawal rate is awfully low. Trees don't grow to the sky and m...
by EmergDoc
Tue Apr 21, 2015 11:12 am
Forum: Personal Finance (Not Investing)
Topic: TX, MT, CO, and NM Comparative Tax Burden
Replies: 37
Views: 2314

Re: TX, MT, CO, and NM Comparative Tax Burden

While fun to look at, I certainly wouldn't let $3K a year determine where I was going to live.
by EmergDoc
Tue Apr 21, 2015 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Another: retirement am I saving too much?
Replies: 18
Views: 2949

Re: Another: retirement am I saving too much?

You're aware you can access retirement accounts prior to age 59 1/2 without penalty, right? Here's a post I wrote a long time ago about it:

http://whitecoatinvestor.com/how-to-get ... age-59-12/
by EmergDoc
Tue Apr 21, 2015 10:34 am
Forum: Personal Consumer Issues
Topic: Dealing with tourists taking photos. Etiquette question.
Replies: 34
Views: 3834

Re: Dealing with tourists taking photos. Etiquette question

I purposely try to get in as many tourist pictures as possible. It helps if you slow down just for a second so they think you're stopping, then as they push the shutter, jump ahead quickly with your arms out and a big cheesy grin! Just kidding. The solution is to not go to touristy places on vacatio...
by EmergDoc
Tue Apr 21, 2015 1:01 am
Forum: Personal Consumer Issues
Topic: How do you quickly cool food?
Replies: 34
Views: 2550

Re: How do you quickly cool food?

dsivi wrote: I had very little time to eat today - about 15 minutes tops.


I think I'm doing this eating thing all wrong. 95% of my meals are under 15 minutes. 15 minutes at work is a major luxury. I actually can eat all the food in that time.
by EmergDoc
Tue Apr 21, 2015 12:46 am
Forum: Personal Consumer Issues
Topic: “Entry level” luxury cars under 40k
Replies: 99
Views: 9904

Re: “Entry level” luxury cars under 40k

I think the problem is that I don't like flashy cars and was happy with the Subaru. I also don't care about pep. But this will be my husband's car and he cares a lot about pep and doesn't like the stodgyness of a Suburu. He only drove it when the weather was bad. He was okay with driving the civic ...
by EmergDoc
Mon Apr 20, 2015 5:18 pm
Forum: Investing - Theory, News & General
Topic: Marketplace Lending as an Asset Class
Replies: 6
Views: 610

Re: Marketplace Lending as an Asset Class

I just buy the notes directly. Very low correlation to my other assets. Very high returns. Some pretty unique risks, however, which cause me to limit it to 5% of my portfolio.
by EmergDoc
Sun Apr 19, 2015 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to Help Parents - No EOI Life Insurance?
Replies: 22
Views: 1585

Re: Trying to Help Parents - No EOI Life Insurance?

Hi Bogleheads, Here is my dilemma, well, the dilemma my parents are in: My mom is very ill, so ill that she is in hospice. My parents had all of their documentation scattered and so they thought they had a lot more in life insurance than they actually do. On my mom, who is 49 years of age, they tho...
by EmergDoc
Sun Apr 19, 2015 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Using Zillow/Zestimate to value a home?
Replies: 43
Views: 4849

Re: Using Zillow/Zestimate to value a home?

My questions is around how one values a home? For example I am looking at a home on Zillow with an asking price of 270K. The zestimate is 227K, which is the property pricing estimate given by Zillow. I have no idea how the zestimate is calculated and if it has any merit. The tax history is as follo...
by EmergDoc
Sun Apr 19, 2015 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with taxable account needed in 8-12 months
Replies: 9
Views: 1002

Re: Help with taxable account needed in 8-12 months

. My first thought was to tap my taxable account but its allocation is too high risk to wait and the LTCG a bit high to sell right now. You know, you might get "lucky" and discover that your long term capital gains get lower! Wouldn't that be awesome! Oh wait, maybe you ought to just sell...
by EmergDoc
Sun Apr 19, 2015 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help with taxable account needed in 8-12 months
Replies: 9
Views: 1002

Re: Help with taxable account needed in 8-12 months

I have this issue every year- where do I put my state income taxes. I don't have to pay them until April and I need them between 4 and 16 months after earning the money. I use a high-yield, FDIC insured, online savings account.

1 year just isn't long enough to put the money into much else.
by EmergDoc
Sun Apr 19, 2015 10:19 pm
Forum: Investing - Theory, News & General
Topic: Sad calculation (max IRA contributions)
Replies: 18
Views: 1217

Re: Sad calculation (max IRA contributions)

If people would quit taking jobs without retirement plans, jobs without retirement plans would go away.
by EmergDoc
Sun Apr 19, 2015 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Personal investing advice
Replies: 15
Views: 1715

Re: Personal investing advice

The max pre tax you can do is 18k and remaining from employee should be after tax. Is that how your husband is doing till the max 53K? Or does he have is own solo 401k plan and works for himself?/quote] Sorry for the confusion but this is between two retirement accounts, one kicks in after a certai...
by EmergDoc
Sun Apr 19, 2015 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Single best piece of personal finance advice ever received?
Replies: 90
Views: 7108

Re: Single best piece of personal finance advice ever receiv

It is better to receive interest than to pay it.
by EmergDoc
Thu Apr 16, 2015 1:49 pm
Forum: Investing - Theory, News & General
Topic: Do index funds (and other mutual funds) have a dark side?
Replies: 14
Views: 2156

Re: Do index funds (and other mutual funds) have a dark side

Uhhh.... The dark side of mutual funds is that they're putting stockbrokers everywhere out of business. The dark side of index funds is that they're putting mutual fund salesmen everywhere out of business. The dark side of Bogleheads is it's putting financial advisors everywhere out of business. But...
by EmergDoc
Thu Apr 16, 2015 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Non-Deductible Traditional IRA advantageous than Taxable Inv
Replies: 11
Views: 572

Re: Non-Deductible Traditional IRA advantageous than Taxable

A non-deductible IRA can make sense over a taxable account over a very long time period (like 40 years.) However, most people ought to be trying to figure out a way to convert that to a Roth, i.e. a backdoor Roth IRA. That's where the real advantage over a taxable account is. But even that isn't muc...
by EmergDoc
Thu Apr 16, 2015 12:35 pm
Forum: Investing - Theory, News & General
Topic: "Don't Let Your Portfolio's Insurance Lapse"
Replies: 2
Views: 851

Re: "Don't Let Your Portfolio's Insurance Lapse"

Good reminder 7 years into a bull market.
by EmergDoc
Thu Apr 16, 2015 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do you wish you retired earlier?
Replies: 28
Views: 3700

Re: Do you wish you retired earlier?

Reminds me these quotes: Instead of wondering when your next vacation is, maybe you should set up a life you don't need to escape from. Seth Godin Retirement is worst case scenario insurance....It should be viewed as nothing more than a hedge against the absolute worst case scenario: in this case be...
by EmergDoc
Thu Apr 16, 2015 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to NOT have significant taxable investments?
Replies: 48
Views: 4810

Re: Is it ok to NOT have significant taxable investments?

Say you have a high income, in a high tax bracket. You fully max out tax free/tax deferred each year to around 100k. You still have 200K+ leftover. You're saying it's not a good idea to throw all that in to taxable, because taxes will suck? Is that what you're saying EmergDoc? No, reread his post, ...

Go to advanced search