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by gasman
Sun May 17, 2015 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Divorce and Marriage
Replies: 21
Views: 2539

Re: Divorce and Marriage

2comma wrote:The best quote I ever found is that "men marry a girl and hope she stays the way she is forever and women marry a man and hope they can mold him into the man of her dreams".

!


You forgot the second half of the quote. The woman changes and the man doesn't. :happy
by gasman
Sun May 03, 2015 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Who uses non gov 457b and why?
Replies: 29
Views: 1499

Re: Who uses non gov 457b and why?

I use one. employed by hospital. The hospital system has dozens of LLC's under its umbrella. The one that has the 457 is under the safest one. It covers the administrators too, so I figure that they would care more about their own savings than a bunch of doctor employees.
by gasman
Tue Apr 28, 2015 11:41 am
Forum: Personal Consumer Issues
Topic: Need tips on taking HS student on college tour
Replies: 34
Views: 1990

Re: Need tips on taking HS student on college tour

Agree with take three's post above. The basic 60 -90 minute tour is a sales pitch coupled with an architectural tour. I would avoid visiting while schools are on break. You don't get the same feel for what the students are like.
by gasman
Wed Apr 22, 2015 7:53 pm
Forum: Personal Consumer Issues
Topic: Physicians: What's your vacation policy?
Replies: 28
Views: 2925

Re: Physicians: What's your vacation policy?

8 weeks. No personal days or sick days unless on short term disability. Can carry over up to 10 days to following year. Can also "borrow" up to 10 days that haven't yet been "earned" They will hold final paycheck if overdrawn on vacation.
by gasman
Tue Apr 07, 2015 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 17467

Re: Cost of College & Weighing the Merits of Top Schools

I paid full freight for both kids at name brand schools. No regrets. Being surrounded by bright, ambitious kids can be a powerful motivator. Also a college degree is more than a ticket to a career or a paycheck. The educational opportunity differences at a Penn vs a Penn State can't be easily quanti...
by gasman
Fri Mar 27, 2015 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Physician tail coverage
Replies: 20
Views: 2433

Re: Physician tail coverage

The rule of thumb for the cost of a tail is 150-250% of the last year's premium.
by gasman
Fri Mar 20, 2015 12:22 pm
Forum: Investing - Theory, News & General
Topic: I Bonds - now or later in the year?
Replies: 44
Views: 5135

Re: IBonds - now or later in the year?

If new I Bonds were paying 3% + inflation, as they did a decade or more ago, I would agree with those who advocate just buying each year's quota early in the year without fussing over a possible change of a few tenths of a percent. But the fixed rate portion is zero now, so I see no harm in waiting...
by gasman
Wed Mar 18, 2015 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Underpriced house recently sold
Replies: 13
Views: 1586

Re: Underpriced house recently sold

maybe a friendly sale to a relative.
by gasman
Fri Mar 13, 2015 10:38 am
Forum: Personal Consumer Issues
Topic: Board certification alternative (medicine)
Replies: 10
Views: 1248

Re: Board certification alternative (medicine)

ABIM announced last month that they are suspending for 2 years some their most onerous recertification requirements, including Practice Assessment, Patient Voice and Patient Safety elements, while they redesign their program. I doubt this is in response to competition; rather, the specialty societi...
by gasman
Thu Mar 12, 2015 7:32 am
Forum: Personal Consumer Issues
Topic: Board certification alternative (medicine)
Replies: 10
Views: 1248

Re: Board certification alternative (medicine)

I wish the organization well and have contributed to the AAPS legal fund. There is a growing resentment of the ABMS medical boards increasingly onerous certification burdens which are perceived as serving only the specialty board leadership. Also it is another tool that CMS, hospital administrators,...
by gasman
Mon Mar 09, 2015 3:27 pm
Forum: Investing - Theory, News & General
Topic: Bernstein: 2% investment returns over next 20 years
Replies: 216
Views: 24441

Re: Bernstein: 2% investment returns over next 20 years

hoops777 wrote:Wow.I never knew anyone could predict both stock and bond returns even for 1 year much less 20......pretty amazing.


It is easier to make accurate market predictions over 20 year periods than over one year periods.
by gasman
Sat Mar 07, 2015 8:01 pm
Forum: Investing - Theory, News & General
Topic: Why is there more (real) money in the market?
Replies: 8
Views: 1218

Re: Why is there more (real) money in the market?

More money created by accommodative central bankers finding its way to financial assets?
by gasman
Mon Mar 02, 2015 9:50 pm
Forum: Personal Consumer Issues
Topic: Wimbledon 2016
Replies: 5
Views: 777

Wimbledon 2016

Never been to England or a major tennis tournament. Wife has a big birthday coming up. Want to give her this as a gift. Not very price sensitive. Anybody have any advice on how to plan/research/make this the trip of a lifetime for her?
by gasman
Wed Feb 25, 2015 10:49 am
Forum: Personal Finance (Not Investing)
Topic: physicians [Frustrated, considering early retirement]
Replies: 132
Views: 10155

Re: physicians

Oh, you hate your job? Why didn't you say so? There's a support group for that. It's called everybody, and they meet at the bar.
-Drew Carey

P.S. I am a member. Also a doc.
by gasman
Mon Feb 02, 2015 3:58 pm
Forum: Personal Consumer Issues
Topic: Good Wines
Replies: 54
Views: 4747

Re: Good Wines

I am really surpised Boggleheads are so frugal. I am almost 70 and if I drink wine, I drink good wine, no boxes, no two buck chuck. I will even venture off to Napa and pay up to $85 for a good bottle of wine. It is not a contest to me to save $ at this time in my life, it is to embrace life and enj...
by gasman
Mon Feb 02, 2015 10:09 am
Forum: Personal Finance (Not Investing)
Topic: How to report for Tax, Student computer purchase from 529
Replies: 22
Views: 963

Re: How to report for Tax, Student computer purchase from 52

Anybody know anyone who has ever been audited on a 529 distribution?
by gasman
Sun Feb 01, 2015 9:14 pm
Forum: Personal Consumer Issues
Topic: Telescopes?
Replies: 21
Views: 1436

Re: Telescopes?

If you have an iPhone check out the app "night sky". I assume an android version exists.
by gasman
Sat Jan 31, 2015 12:09 pm
Forum: Investing - Theory, News & General
Topic: What if everyone was a Boglehead saver?
Replies: 18
Views: 2473

Re: What if everyone was a Boglehead saver?

What if everyone was a Boglehead saver?

--------------

It would make it harder for us. There is a benefit to saving well and investing wisely only if a minority of folks do so.
by gasman
Tue Jan 27, 2015 10:10 pm
Forum: Personal Consumer Issues
Topic: What age did you move out?
Replies: 117
Views: 5595

Re: What age did you move out?

The poll would have more meaning if it was broken down to move out with financial support vs. move out without financial support
by gasman
Tue Jan 27, 2015 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Just purchased 2015 maximum EE Series Bonds
Replies: 67
Views: 4334

Re: Just purchased 2015 maximum EE Series Bonds

only 1 10k boat per year, so jump on it or see it sail away forever... I've been jumping on for 4 years now and very happy with it... And DW and I have each been jumping on the 10k I bond boat for the last 4 years. I guess we'll have to revisit this thread in 20 years and see who did better :D To m...
by gasman
Tue Jan 27, 2015 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Just purchased 2015 maximum EE Series Bonds
Replies: 67
Views: 4334

Re: Just purchased 2015 maximum EE Series Bonds

3.53%? I see 0.10%. What am I missing? If you hold a full twenty years the Treasury will double the face value. Doubling after 20 years gives a rate of 3.53%. Caution If you hold 19 years and sell you get practically nothing. SO you really have to be committed to holding for the full twenty years i...
by gasman
Sun Jan 25, 2015 8:36 am
Forum: Personal Consumer Issues
Topic: Rental Car Prices - is this the new normal ?
Replies: 89
Views: 8678

Re: Rental Car Prices - is this the new normal ?

Cost is largely a function of where and when you're traveling and competition. There can be tremendous variation. The car rental forums on http://www.flyertalk.com/forum/car-rental-programs-partners-392/ are worth browsing. Also , I suspect, where you are booking FROM. I live on the east coast and ...
by gasman
Wed Jan 21, 2015 7:11 am
Forum: Personal Consumer Issues
Topic: urgent: how to identify top surgeons for a procedure
Replies: 49
Views: 4122

Re: urgent: how to identify top surgeons for a procedure

When you are being "graded". You spend a lot of effort working for the test. In a past job I had, the head cardiac surgeon cherry picked the softball cases so he looked good on the models that graded him. The models in place at that time (might still be true, just don't know) didn't give e...
by gasman
Wed Jan 14, 2015 7:08 am
Forum: Investing - Help with Personal Investments
Topic: EE bonds vs 5 yr CD's vs iBonds
Replies: 8
Views: 1086

Re: EE bonds vs 5 yr CD's vs iBonds

I think of an EE Bond as a 20 year tax deferred CD that pays zero interest for 19 years 11 months. No penalty for early withdrawal. Doubles at 20 years for an effective rate of 3.53%. I think they make sense if you are in a high tax bracket now, Have limited tax deferred space ,plan to hold the full...
by gasman
Wed Jan 07, 2015 8:09 am
Forum: Personal Consumer Issues
Topic: Tegretol - Expensive Drugs
Replies: 7
Views: 807

Re: Tegretol - Expensive Drugs

As a practicing anesthesiologist, I can say that there is no discernible difference between generics and name brand drugs- Most of the time. I have noticed a few drugs that absolutely don't perform the same way as the original name brand drug.
by gasman
Mon Dec 08, 2014 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Ex-landlord won't return deposit
Replies: 29
Views: 3366

Re: Ex-landlord won't return deposit

In a building that I was renting an apartment, I was told this was standard operating procedure by a former tenant who got burned. So when the time came for me to leave, I simply did not pay the last two months rent (the amount of the security deposit). I told the landlord to send me an itemized acc...
by gasman
Wed Dec 03, 2014 2:30 pm
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 66
Views: 7477

Re: Stanley Kubrick's 2001 a space odyssey

I always thought that the ending with the baby represented the next step in the evolution of man. The same way the monolith tinkered with apes who became human in the beginning of the movie, the makers of the monolith tinkered with David Bowman as a modern human to make the human looking, but not qu...
by gasman
Sun Nov 09, 2014 2:10 pm
Forum: Investing - Theory, News & General
Topic: Why are people so down on bonds?
Replies: 39
Views: 6694

Re: Why are people so down on bonds?

For the last few decades bonds- defined as short-intermediate term high quality fixed income, did two things for one's portfolio: 1. They dampened the volatility of a portfolio and provided a store of value to buy stocks when they went on sale. 2. They could reasonably be counted on to provide a po...
by gasman
Fri Nov 07, 2014 9:19 am
Forum: Investing - Theory, News & General
Topic: Why are people so down on bonds?
Replies: 39
Views: 6694

Re: Why are people so down on bonds?

Why are people so down on bonds? ------ For the last few decades bonds- defined as short-intermediate term high quality fixed income, did two things for one's portfolio: 1. They dampened the volatility of a portfolio and provided a store of value to buy stocks when they went on sale. 2. They could r...
by gasman
Wed Nov 05, 2014 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice for an Unhappy Young Doctor?
Replies: 116
Views: 14469

Re: Career Advice for an Unhappy Young Doctor?

While it hasn't been said or asked about I'm a little curious about what led her to enter medicine. Did she enter medicine due to family expectations (i.e. a parent, sibling, or other close relative was in medicine)? If that is perhaps the case her anxiety and insecurity may not be related to her s...
by gasman
Mon Nov 03, 2014 2:13 pm
Forum: Investing - Theory, News & General
Topic: iBonds at zero % fixed
Replies: 84
Views: 10207

Re: iBonds at zero % fixed

They even lowered the EE bond rate to 0.1%. 0.5% was above lots of money market rates. I will probably wait till May for my 2015 purchase for both. why do you think it will be more in May 2015? I don't buy EE bonds, only I bonds, but I'm curious as to your reasoning. -Couldn't get much lower for ei...
by gasman
Mon Nov 03, 2014 12:27 pm
Forum: Investing - Theory, News & General
Topic: iBonds at zero % fixed
Replies: 84
Views: 10207

Re: iBonds at zero % fixed

They even lowered the EE bond rate to 0.1%. 0.5% was above lots of money market rates. I will probably wait till May for my 2015 purchase for both.
by gasman
Mon Nov 03, 2014 10:16 am
Forum: Investing - Help with Personal Investments
Topic: November 1 2014 I Bond Inflation Component
Replies: 28
Views: 5539

Re: November 1 2014 I Bond Inflation Component

I Bond Earnings Rate of 1.48% includes a Fixed Rate of 0.00% The earnings rate for Series I Savings Bonds is a combination of a fixed rate, which applies for the life of the bond, and the semiannual inflation rate. The 1.48% earnings rate for I bonds bought from November 2014 through April 2015 app...
by gasman
Tue Oct 28, 2014 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice for an Unhappy Young Doctor?
Replies: 116
Views: 14469

Re: Career Advice for an Unhappy Young Doctor?

[quote=" The thing is, I am not a doctor, and in fact I am not in the medical field at all, and I can probably relate to every single one of your reasons above. At one time or the other during my career I had to deal with all or many of the above. The couple guys in accounting I know talk about...
by gasman
Mon Oct 27, 2014 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice for an Unhappy Young Doctor?
Replies: 116
Views: 14469

Re: Career Advice for an Unhappy Young Doctor?

There is a tremendous level of unhappiness of physicians at all stages of their careers for multiple reasons. In no particular order: Increased production pressure. Loss of autonomy. Responsibility without authority. Quality of care being redefined by corporate and government entities. Only things t...
by gasman
Mon Oct 13, 2014 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of house-closing tomorrow, buyer is backing out
Replies: 60
Views: 5696

Re: Sale of house-closing tomorrow, buyer is backing out

A real estate attorney once told me that you can't be forced to buy a house...but you can be forced to sell one.
by gasman
Thu Sep 04, 2014 9:12 pm
Forum: Investing - Theory, News & General
Topic: POLL: What was the first stock you ever bought?
Replies: 74
Views: 3180

Re: POLL: What was the first stock you ever bought?

Home Depot. Read an article in Money magazine 1994 recommending it. kept it as part of large cap allocation after I decided to go passive. Eventually donated it Vanguard Charitable donor advised fund.
by gasman
Tue Sep 02, 2014 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a 30 and 20 term policy at the same time?
Replies: 16
Views: 1260

Re: Buy a 30 and 20 term policy at the same time?

I personally like the idea of a 20 and a 30 year term policy. It is what I recommend to young docs fresh out of residency. Ideally you should be at least partially self insured after 20 years. As far as where you should purchase these policies that is a separate issue.
by gasman
Mon Sep 01, 2014 5:04 am
Forum: Personal Finance (Not Investing)
Topic: Next phase of minimizing taxes for high-income household
Replies: 33
Views: 3780

Re: Next phase of minimizing taxes for high-income household

Thanks everyone for their input thus far. - The UGMA/UTMA option seems interesting as it would allow for up to $2k in dividends & capital gains to go tax free. How would I go about constructing funds such that it generates roughly $2k for 21 years? Looking at VTI distributions on morningstar, e...
by gasman
Sun Aug 31, 2014 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Next phase of minimizing taxes for high-income household
Replies: 33
Views: 3780

Re: Next phase of minimizing taxes for high-income household

529 if planning to pay for kids college
UGMA/UTMA structured to generate about 2K of income per year.
I Bonds and EE Bonds are tax deferred, redeem when in lower tax bracket.
by gasman
Tue Aug 12, 2014 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Should I "super-fund" my 529 for my kids?
Replies: 13
Views: 1579

Re: Should I "super-fund" my 529 for my kids?

If you have got the cash and committed to paying for your kids higher education, I would.
I did the same in 2003 or so. Worked out well.
by gasman
Thu Jul 31, 2014 11:02 am
Forum: Investing - Theory, News & General
Topic: Market not interested in inflation protection?
Replies: 32
Views: 2421

Re: Market not interested in inflation protection?

I think that "the market" is incredibly interested in inflation protection. That is why the price of protection is so dear, e.g., low to negative real TIPs yields.

If the market "wasn't interested" real yields on TIPs would be much higher.
by gasman
Wed Jul 23, 2014 6:08 am
Forum: Personal Consumer Issues
Topic: Anyone been to Charleston, SC?
Replies: 27
Views: 1599

Re: Anyone been to Charleston, SC?

Great town. Especially for foodies.
Francis Marion hotel is nice and well located.
I enjoyed the Plantation tour the most.
Really oppressive weather this time of year.
by gasman
Mon Jul 14, 2014 6:58 am
Forum: Investing - Theory, News & General
Topic: In a crash, will you re-balance to maintain your target AA?
Replies: 64
Views: 4381

Re: In a crash, will you re-balance to maintain your target

I found it very difficult to buy stocks when the market was tanking during the financial crisis. But I gritted my teeth and did it. I was very dysphoric as the market continued to drop. Didn't quite hit the second rebalancing band and sell bonds to buy stocks again. Not sure I would have had the sto...
by gasman
Wed Jul 02, 2014 8:38 pm
Forum: Personal Consumer Issues
Topic: I found a new coffee.
Replies: 72
Views: 6136

Re: I found a new coffee.

All food and drink tastes better on vacation. :D
Don't underestimate an effect from the technique/brewer for making the coffee and the water that was used.
by gasman
Wed Jul 02, 2014 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: How to admit/should I admit alcohol problem to employer
Replies: 111
Views: 15971

Re: How to admit/should I admit alcohol problem to employer

I have zero expertise in this area. I am speaking about a family member who had a problem with prescription drugs. He got to the point where he did not feel that he could perform his duties, went to rescue/crisis and called in sick for a few days and entered a 30 day residential program. He admitted...
by gasman
Tue Jul 01, 2014 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Re-hired at firm, given incorrect 401k info
Replies: 27
Views: 2433

Re: Re-hired at firm, given incorrect 401k info

401ks are governed by federal law and have huge noncompliance penalties. If they deny your request send the director of HR an email asking her to run it by their plan administrator and attorney. Tell her that you intend to do the same.
by gasman
Sun Jun 29, 2014 6:42 pm
Forum: Investing - Theory, News & General
Topic: 3.5% Yield for 457(k) Fixed Guaranteed
Replies: 17
Views: 1110

Re: 3.5% Yield for 457(k) Fixed Guaranteed

Current 457(k) Fixed is yielding 3.5% guaranteed. It is increasing difficult to find any thing close to it. It is tempting to consider leaving funds in the employer plan upon retirement. Is it OK to leave the 457(k) funds in the employer plan upon retirement? Depends on the plan document, especiall...
by gasman
Sun Jun 15, 2014 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: CNN Money article on US Savings Bonds.
Replies: 7
Views: 1275

CNN Money article on US Savings Bonds.

Poorly researched piece. Seems like many Bogleheads are swimming against the current on this topic.

http://money.cnn.com/2014/06/14/investi ... ?iid=HP_LN

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