Search found 767 matches

Return to advanced search

Re: How much is a safe car worth?

Any of us could be struck by lightning on any given day. If I had to pay a penny to protect myself from lightning bolts for the rest of my life, I would do it. If I had to pay $10k annually, I'll take my chances. That's not really true. Lightning risk is extremely nonuniform. For instance, some are...
by sambb
Sun Feb 01, 2015 1:56 pm
 
Forum: Personal Consumer Issues
Topic: How much is a safe car worth?
Replies: 62
Views: 1710

Re: Per Diem - no retirement accounts, any options?

Wow, with income like that, just put your all extra money into tax balanced admiral or split between intermediate tax exempt and total stock market, (in taxable accts), and spend the next few months-years learning. You will be fine. Several opinions will be offered, but this is simple and will put y...
by sambb
Sun Feb 01, 2015 8:33 am
 
Forum: Investing - Help with Personal Investments
Topic: Per Diem - no retirement accounts, any options?
Replies: 8
Views: 805

Re: How much is a safe car worth?

Problems I see are that no one drives or buys an average composite of all new cars. Instead, you buy a vehicle with a particular make and model, that may have a lot or very little in the way of new safety features compared to an older car. The data on the safety of a particular make and model can b...
by sambb
Sun Feb 01, 2015 8:22 am
 
Forum: Personal Consumer Issues
Topic: How much is a safe car worth?
Replies: 62
Views: 1710

Re: POLL: Do you personally own a cell phone?

i wonder what the average age of people is - for those who don't have a cell, and for those with a non smart phone.
It is amazing how much time my iPhone has saved me, and how much it has increased my productivity and income. I would pay 10x its price for it.
YMMV
by sambb
Sun Feb 01, 2015 4:55 am
 
Forum: Personal Consumer Issues
Topic: POLL: Do you personally own a cell phone?
Replies: 59
Views: 3759

Re: How much is a safe car worth?

But the frontal off set collision is something I think worth paying attention to, as is ESC, along with rear camera (one friend just lost their child this year by running them over), and blind spot monitoring (my wife just admitted she doesn't always look over her shoulder and likes the idea of the...
by sambb
Sat Jan 31, 2015 10:42 pm
 
Forum: Personal Consumer Issues
Topic: How much is a safe car worth?
Replies: 62
Views: 1710

Re: Is This Market Timing?

nothing wrong with it if it makes you happy
10 years from now you will see that this approach has little long term effect and it is tedious
by sambb
Sat Jan 31, 2015 9:45 pm
 
Forum: Investing - Theory, News & General
Topic: Is This Market Timing?
Replies: 7
Views: 310

Re: How much is a safe car worth?

a safe car is worth your life and those of your family I know that a lot of BH are in favor of driving an old car until the wheels fall off For me, i disagree. modern safety features and accident avoidance features (blind spot monitor, rear view camera, etc) have saved me from several accidents - an...
by sambb
Sat Jan 31, 2015 9:42 pm
 
Forum: Personal Consumer Issues
Topic: How much is a safe car worth?
Replies: 62
Views: 1710

Re: Net Worth Survey, 2015 Edition

interesting thread
by sambb
Sat Jan 31, 2015 8:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: Time to jump in?

if you are not ready to jump in, then don't do it.
You can always wait and see if there is a pullback. But you might be wrong and it might go up.
You should invest when you are comfortable
In ten years it probably won't matter if you went in now or later. Probably.
by sambb
Sat Jan 31, 2015 4:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Time to jump in?
Replies: 11
Views: 819

Re: How do you "Stay the Course"?

deleted
by sambb
Sat Jan 31, 2015 11:04 am
 
Forum: Investing - Theory, News & General
Topic: How do you "Stay the Course"?
Replies: 65
Views: 5089

Re: Filed your 2014 Federal Taxes yet?

when are 1099 miscs all mailed out? i usually start after receiving all those
by sambb
Sat Jan 31, 2015 9:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Filed your 2014 Federal Taxes yet?
Replies: 50
Views: 2508

Re: The lowest stock allocation you plan to stay with

I think I will stay at 60/40 or 50/50 It appears that the worst yearly return of 60/40 is -30% I hope to accumulate 50% more than I plan on needing, so i should be able to weather a downturn. Of course easy for me to say now, it will depend on life and world events, tax changes, and other unrecogniz...
by sambb
Sat Jan 31, 2015 9:27 am
 
Forum: Investing - Theory, News & General
Topic: The lowest stock allocation you plan to stay with
Replies: 76
Views: 3417

Re: Trusting and shopping around for doctors

From a financial perspective, which is the purpose of this forum, i think seeing a doctor who finds out what is wrong with me is important, as it gets me back to work quicker. That's the bottom line for me.
by sambb
Fri Jan 30, 2015 4:46 am
 
Forum: Personal Consumer Issues
Topic: Trusting and shopping around for doctors
Replies: 32
Views: 1922

Re: Workplace net worth conversations you'd like to avoid?

i have been asked before, or have been in such conversations. I say that "Im paying off school loans for me and my wife, and her little sister and probably will be doing it for life, so I prefer not to discuss money at all. Im just happy to have a job that I like." Then I leave the convers...
by sambb
Wed Jan 28, 2015 3:24 pm
 
Forum: Personal Consumer Issues
Topic: Workplace net worth conversations you'd like to avoid?
Replies: 80
Views: 7418

Re: What experts say about $5,000 watches

my iPhone is a far better timepiece than a watch, is always with me, and can do far more than a regular watch. And I would pay a lot more than i did for it.
by sambb
Mon Jan 26, 2015 4:16 am
 
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 906
Views: 173735

Re: Time to stop driving for 85 yo MIL

seniors (of variable age) can and do have cognitive decline that can make driving dangerous and can be a financial liability issue. then again, i hope i live long enough to get to that point! I would call the DMV on the person.
by sambb
Sun Jan 25, 2015 8:38 pm
 
Forum: Personal Consumer Issues
Topic: Time to stop driving for 85 yo MIL
Replies: 69
Views: 3697

Re: negotiating vacation days

Take care about asking for too much. You might inadvertently signal that you are high-maintenance, or that you aren't interested in working hard.


+1000
by sambb
Sat Jan 24, 2015 3:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: negotiating vacation days
Replies: 37
Views: 2675

Re: Downsize, Reduce, Simplify.

one key to downsizing is not the downsizing it self, but to not replace with upsizing. If one can't downsize one's closet,one's cars to a honda or toyota, or one's upscale lifestyle, then i think it is unlikely to be sustainable for some people. Same goes for people who have 2 iPads, 2 computers, an...
by sambb
Sat Jan 24, 2015 8:15 am
 
Forum: Personal Consumer Issues
Topic: Downsize, Reduce, Simplify.
Replies: 65
Views: 7211

Re: negotiating vacation days

deleted
by sambb
Sat Jan 24, 2015 2:40 am
 
Forum: Personal Finance (Not Investing)
Topic: negotiating vacation days
Replies: 37
Views: 2675

Re: $7 gas - what would you do?

poor selection of answers and choices. I would do the same as I do now - get up, drive to work. drive home. Would do the same at $10 per gallon, or $1 per gallon.
by sambb
Thu Jan 22, 2015 9:02 pm
 
Forum: Personal Consumer Issues
Topic: $7 gas - what would you do?
Replies: 125
Views: 18734

Re: Gotta Be a Bear Market Coming

If you time the market, and you are right, then you are in a better position than buying any holding. On the other hand, if you are wrong.. not so good. So, you will know in retrospect as the future unfolds.
by sambb
Thu Jan 22, 2015 7:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Gotta Be a Bear Market Coming
Replies: 64
Views: 7672

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

Best doctor is not always the one who calls or responds right away. Most surgeons I know, spend their time in the operating room, and could never respond to a call in the middle of the day, as they are in the OR several days a week. They couldn't possibly answer a call while having a patient asleep ...
by sambb
Wed Jan 21, 2015 6:15 pm
 
Forum: Personal Consumer Issues
Topic: urgent: how to identify top surgeons for a procedure
Replies: 49
Views: 3997

Re: "Wining and dining" in medical community

Funny that people still think that this wining and dining goes on. Most docs i work with, work 60-80 hours a week, and have families to go home to. THe last thing they want is to spend 3 hours on dinner at a restaurant with other medical professionals.. Where do these perceptions come from.
by sambb
Sun Jan 18, 2015 6:31 pm
 
Forum: Personal Consumer Issues
Topic: "Wining and dining" in medical community
Replies: 35
Views: 3517

Re: If your networth is over $3 million, how did you do it?

I worked very hard in med school and residency. In fellowship worked over 120hrs a week Is this a typo? You worked over 20hrs/day 6 days a week? Doubt this is a typo. All the docs I know, except those who graduated in the last 5-8 years, worked over 100 hours a week in training. Now the rules are t...
by sambb
Sun Jan 18, 2015 11:46 am
 
Forum: Personal Finance (Not Investing)
Topic: If your networth is over $3 million, how did you do it?
Replies: 301
Views: 46349

Re: Should I Declare Victory and Pack It In?

One last thing to consider. They may be offering you less than attractive salary because they actually want you to leave, but they can't fire you. If this is the case, I would find a job for market rate for 2-3 years. You can afford to retire now, but as a MD, once you leave it is hard to get anothe...
by sambb
Fri Jan 16, 2015 2:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I Declare Victory and Pack It In?
Replies: 173
Views: 16691

Re: Should I Declare Victory and Pack It In?

200,000 a year is a pretty good income, and nothing wrong with making that. Even if you made 500,000k before. After one heals one's bruises, it is still a good income in the USA. Sure as a surgical specialist you might want to make more. Luckily there are plenty of jobs out there. I would consider e...
by sambb
Fri Jan 16, 2015 10:00 am
 
Forum: Investing - Help with Personal Investments
Topic: Should I Declare Victory and Pack It In?
Replies: 173
Views: 16691

Re: How to deal with a costly, obscure 401k plan

THose expenses for the index funds are really not that bad. Invest, max out, and enjoy.
by sambb
Wed Jan 14, 2015 3:27 pm
 
Forum: Investing - Theory, News & General
Topic: How to deal with a costly, obscure 401k plan
Replies: 4
Views: 382

Re: Sellers Won't Fix Leaking Roof; Fear of Additional Damag

walk away. if you lose money, you lose money. there is always risk. you might lose more money if you keep the house
by sambb
Wed Jan 14, 2015 6:33 am
 
Forum: Personal Consumer Issues
Topic: Sellers Won't Fix Leaking Roof; Fear of Additional Damage
Replies: 50
Views: 4607

Re: What was your costliest investment mistake?

costliest? Conservative asset allocation - but it allowed me to sleep at night. 100% equities would have been better. Easy to say at a market high.
by sambb
Tue Jan 13, 2015 10:40 pm
 
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 119
Views: 9634

Re: Dazed, Confused and Upset

We dont know much about the individual investments, but if the Original poster was with EJ and in decent stock funds, they likely did obtain a fairly good return in the last few years. Sure, the fees eat into it, but if the money was invested appropriately (even with fees), the person may have done ...
by sambb
Tue Jan 13, 2015 8:05 am
 
Forum: Investing - Help with Personal Investments
Topic: Dazed, Confused and Upset
Replies: 63
Views: 6289

Re: Ever get 'Antsy' following BH

antsy in an Up market? never.
Antsy in a down market? Read the old threads from 2008. Lots of people got out at the bottom. They probably aren't on BH anymore.
by sambb
Mon Jan 12, 2015 10:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Ever get 'Antsy' following BH
Replies: 26
Views: 2704

Re: Dazed, Confused and Upset

Makes no sense to stay at EJ. However, you still could have done quite well with EJ; just not as well as indexing in the long term. It has been a long bull run, and if EJ had you invested you probably did alright. Nothing wrong with moving to vanguard however.
by sambb
Mon Jan 12, 2015 8:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Dazed, Confused and Upset
Replies: 63
Views: 6289

Re: Net Worth Survey, 2015 Edition

Interesting that the 60 year olds, who have a very high net worth comparative to those a few years older or younger, are also far more conservative in stock allocation compared to similar aged participants. Clearly, there is a thought to get more conservative possibly because of assets that are high...
by sambb
Mon Jan 12, 2015 8:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: How much is too much for tax deferred investing

I have no idea what tax brackets are going to be in 5 years or 25 years. We have no idea what inflation will be either. Keep contributing and saving. You will have a better idea of how much you need 5-10 years before retirement, and guesses now are just guesses. Savings matter so much more than low ...
by sambb
Sun Jan 11, 2015 8:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: How much is too much for tax deferred investing
Replies: 23
Views: 3008

Re: Need help with bonds in taxable

I am in a high tax bracket. I use vanguard intermediate term tax exempt.
I also use a small amount in high yield corporate, and accept that i will have to pay taxes on those dividends.
by sambb
Sun Jan 11, 2015 4:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need help with bonds in taxable
Replies: 8
Views: 886

Re: Net Worth Survey, 2015 Edition

Agree that the interpretation isn't right. Here is the practical problem. The people reporting their net worth at 45 were likely not on the BH site at age 35. In other words, you cannot take a Boglehead at age 35 and think that he or she is the same person at age 45. The people change in the makeup ...
by sambb
Sun Jan 11, 2015 1:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: Net Worth Survey, 2015 Edition

LowER wrote:Hey Bigfoot: Thanks for all your hard work on this.

I was a little surprised by perusing the "percent stocks" column. Could you graph that at some point?

Thanks,
LER



+1
by sambb
Sun Jan 11, 2015 1:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: Net Worth Survey, 2015 Edition

Thanks for posting all of the graphs. I see value in all of them, as they are all interesting. Yes the 50M value skews the linear graph. However, some may exclude anyone above 10 or anyone above 5 M, so it is a moving target. Anyway, I find all of them all of some value. There are so many statistica...
by sambb
Sun Jan 11, 2015 11:49 am
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: Net Worth Survey, 2015 Edition

Thanks bigfoot for the above graph.
Let me ask a stupid question - why is the graph drawn with a logarithmic scale? - I presume so one can show a broad range of values in the y axis?
It is very interesting and thanks.
by sambb
Sun Jan 11, 2015 9:14 am
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: Bogleheads: Wealth and Happiness

For me, money makes me feel more secure in my mission to help my family. So it brings some happiness. On the other hand, i also like the ability to buy things if i need them (new computer for example). Lastly, money has also allowed me to buy things that didn't make me happy. For example, i liked bu...
by sambb
Sat Jan 10, 2015 3:45 pm
 
Forum: Personal Consumer Issues
Topic: Bogleheads: Wealth and Happiness
Replies: 16
Views: 2262

Re: Savings Rate vs. FUN

I have owned several models of nice german cars, including several BMWs. If i could go back in time, i would definitely NOT buy the BMW, or spend beyond your means. You will definitely have fun now. You will also possibly wish, 10 years from now, that you had saved and invested the money. On the oth...
by sambb
Fri Jan 09, 2015 2:12 am
 
Forum: Personal Finance (Not Investing)
Topic: Savings Rate vs. FUN
Replies: 43
Views: 3428

so happy with intermed term tax exempt fund, and question

I just wanted to express my thanks to vanguard and the forum for my being in intermediate term tax exempt fund in the last year. Has done very well, better than total bond, and the earnings are tax exempt. Great fund for high tax bracket. So glad I put these bonds in taxable instead of doing bonds i...
by sambb
Tue Jan 06, 2015 7:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: so happy with intermed term tax exempt fund, and question
Replies: 1
Views: 496

Re: question regarding restrictive covenant in "at will" sta

i some states a non compete is very enforceable, In others it is not enforceable at all. It all depends. lots of cases on this in every state.
by sambb
Sun Jan 04, 2015 8:53 pm
 
Forum: Personal Consumer Issues
Topic: question regarding restrictive covenant in "at will" state
Replies: 16
Views: 1447

Re: Finance My Son's Law School

nothing wrong with paying for a child's education. I plan on paying for my children's. However, i do feel that one loses very little by asking them to take out some loans, and then being a benevolent person after school and helping them to pay it off. You lose a few % points on interest, but you gai...
by sambb
Sun Jan 04, 2015 7:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Financ[ing] My Son's Law School
Replies: 65
Views: 4458

Re: Do you rebalance each time you fund your account?

My retirement funds are in life strategy or target retirement accts, so I never have to rebalance those - they are rebalanced in real time by vanguard. In my taxable (much larger than my tax deferred), i get different lump sums at different times in the year. So with each one, I add to the underperf...
by sambb
Sun Jan 04, 2015 6:54 pm
 
Forum: Investing - Theory, News & General
Topic: Do you rebalance each time you fund your account?
Replies: 25
Views: 1745

Re: Finance My Son's Law School

Loans, and help him pay them off in the future if you desire. Put extra cash towards his loans if you want to gift the money to him.
by sambb
Sun Jan 04, 2015 9:55 am
 
Forum: Personal Finance (Not Investing)
Topic: Financ[ing] My Son's Law School
Replies: 65
Views: 4458

Re: Net Worth Survey, 2015 Edition

mss wrote:And to those that have a net worth > $8,000,000 and $20,000 in "Other Assets", I think it's safe to trade in the 1999 Camry.

Live a little!



yes, wise comment! and you can also eat out and have expensive cell phone plan.
by sambb
Sat Jan 03, 2015 10:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: Net Worth Survey, 2015 Edition

It seems clear to me that some of the poll answers are incorrect. Perhaps some people used yearly instead of monthly for assured income (although nobody seems to have done that for SS), or perhaps some included employment income. Some appear to have used yearly salary in answering assured monthly i...
by sambb
Sat Jan 03, 2015 9:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 135
Views: 22586

Re: Bonds go in taxable (whitecoatinvestor aka EmergDoc arti

For my taxes, i do better with intermediate term tax exempt in taxable rather than bonds in tax deferred. I disagree with the wiki on tax efficient fund placement. Lastly, since we have no idea on what capital gains and regular tax rates will be in the future, i don't know how any conclusions could ...
by sambb
Sat Jan 03, 2015 9:28 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds go in taxable (whitecoatinvestor aka EmergDoc article)
Replies: 111
Views: 10684

Re: Schwab charging $76 for VG funds

open up new accounts at vanguard and don't contribute further to Schwab accounts. Then reevaluate in a few years.
by sambb
Fri Jan 02, 2015 8:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Schwab charging $76 for VG funds
Replies: 25
Views: 1715
Next

Return to advanced search