Search found 2713 matches

by Artsdoctor
Wed Jul 26, 2017 11:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 195
Views: 22988

Re: Roll Call for the Retirement Class of 2017!

I had hoped to add my name to this illustrious class at the end of the year. However, the bozos in Washington are making the whole healthcare arena so uncertain and they seem to be so uncertain on what they're hoping to accomplish, that I can't pull the trigger. It's not the uncertainty of the cost...
by Artsdoctor
Wed Jul 26, 2017 6:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 195
Views: 22988

Re: Roll Call for the Retirement Class of 2017!

I had hoped to add my name to this illustrious class at the end of the year. However, the bozos in Washington are making the whole healthcare arena so uncertain and they seem to be so uncertain on what they're hoping to accomplish, that I can't pull the trigger. It's not the uncertainty of the cost ...
by Artsdoctor
Wed Jul 26, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account and "Last Month Rule"
Replies: 25
Views: 2192

Re: Health Savings Account and "Last Month Rule"

http://www.investmentnews.com/article/20170228/BLOG05/170229924/strict-timeline-governs-health-savings-accounts-and-medicare I'm sorry, Spirit Rider. I think you're being too generous. The 6-month retroactive Medicare enrollment is all over the internet and anyone can Google it. The above link descr...
by Artsdoctor
Wed Jul 26, 2017 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account and "Last Month Rule"
Replies: 25
Views: 2192

Re: Health Savings Account and "Last Month Rule"

I agree with Spirit Rider. On one hand, I will freely admit that HSA rules can be a bit tricky and I have spent several hours over the past few years reading and re-reading Publication 969, talking to my old accountant, talking to my new accountant, and playing with tax software in order to make num...
by Artsdoctor
Mon Jul 24, 2017 4:50 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Drives Municipal Bond Yields
Replies: 42
Views: 3094

Re: Larry Swedroe: What Drives Municipal Bond Yields

The article is silent on the big one to me, calls. Almost all munis are callable, treasuries never. So the buyer of a muni takes almost all the risk of rising interest rates and gets almost no benefit from falling interest rates. Not at all. There are plenty of munis that are not callable. Hopefull...
by Artsdoctor
Mon Jul 24, 2017 8:30 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Drives Municipal Bond Yields
Replies: 42
Views: 3094

Re: Larry Swedroe: What Drives Municipal Bond Yields

The article is silent on the big one to me, calls. Almost all munis are callable, treasuries never. So the buyer of a muni takes almost all the risk of rising interest rates and gets almost no benefit from falling interest rates. Not at all. There are plenty of munis that are not callable. Hopefull...
by Artsdoctor
Mon Jul 24, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 58
Views: 3269

Re: Can a TIPS ladder 'fail' ?

There might be some confusion here. As in anything else, it's important to get your terms correct. Your question has to do with TIPS ladder FAILING. In order to "fail," they would have to not meet your expectations. You're talking about rolling ladders, not spending the accrued principal w...
by Artsdoctor
Sat Jul 22, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Which cost basis is best average cost or FIFO
Replies: 17
Views: 1314

Re: Which cost basis is best average cost or FIFO

^ Thank you for doing the homework, House Blend! Perhaps a note to Schwab might be in order. Just playing around with other financial websites, even Fairmark, makes it appear that they haven't gotten the message either!
by Artsdoctor
Fri Jul 21, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Which cost basis is best average cost or FIFO
Replies: 17
Views: 1314

Re: Which cost basis is best average cost or FIFO

It's possible that the double category has been phased out; I didn't have time to actually go through the IRS publications. As of January, 2017, Schwab did not know about it, though: http://www.schwab.com/insights/portfolio-management/save-on-taxes-know-your-cost-basis Full disclosure: I use Specifi...
by Artsdoctor
Fri Jul 21, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Which cost basis is best average cost or FIFO
Replies: 17
Views: 1314

Re: Which cost basis is best average cost or FIFO

If I pick average cost will they sell some of the my short term gain in the wellington along with some long term gains when I sell? There are two ways to figure average cost method: single and double categories. The double category method separates out short-term and long-term capital gains. Practi...
by Artsdoctor
Fri Jul 21, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Kicking the net worth habit
Replies: 47
Views: 5041

Re: Kicking the net worth habit

"Remaining life expectancy" . . . Let me know how that work outs for you. The one thing that actuaries don't do well is tell you just how healthy those remaining years are. It's nice to know that in some demographics the average life expectancy has steadily increased. What they don't tell ...
by Artsdoctor
Wed Jul 19, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: Is Amex Platinum worth the high fees?
Replies: 45
Views: 3312

Re: Is Amex Platinum worth the high fees?

Only 10% of people are using frequent flyer points? Really!?! That is mind-numbing. We've used hundreds of thousands of those points for plane tickets over the years and I can't imagine leaving that kind of money on the table. The question about AMEX acceptance internationally is extremely variable....
by Artsdoctor
Wed Jul 19, 2017 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4213

Re: Physician Compensation and Subspecialties

I'm a doctor in Los Angeles and have lived here for decades. I was educated on the East Coast. That's my preamble. There's an irony with salaries. The Coasts will often have lower than average salaries compared with the middle of the country. You'd think that it would be different because the cost o...
by Artsdoctor
Wed Jul 19, 2017 11:02 pm
Forum: Investing - Theory, News & General
Topic: Bid-ask spread on brokered CDs?
Replies: 3
Views: 489

Re: Bid-ask spread on brokered CDs?

I'm not sure what you'd consider a "large amount" but overall, you'll give up a lot when selling brokered CDs. I have DONE it but it has been in a rapidly falling rate environment and I'm sure someone made a significant profit off of me. I'd generally assume that you should buy a brokered ...
by Artsdoctor
Wed Jul 19, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund and taxes
Replies: 9
Views: 526

Re: Donor Advised Fund and taxes

This year I opened a donor-advised fund with Fidelity and donated appreciated mutual fund shares. I've done a lot of reading but nothing answers my question in regard to taxes. I know the appreciated gains to charity receive a deduction but how will my tax filing next year handle the donation? I it...
by Artsdoctor
Wed Jul 19, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Is Amex Platinum worth the high fees?
Replies: 45
Views: 3312

Re: Is Amex Platinum worth the high fees?

I really balked at the fee. It just seemed incredibly steep. However, I had already been using Uber frequently so I had no problems fulfilling all of the criteria to get the full Uber credit. The airline credit is very easy to get if you fly with moderate regularity. You get the credit when you &quo...
by Artsdoctor
Mon Jul 17, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account and "Last Month Rule"
Replies: 25
Views: 2192

Re: Health Savings Account and "Last Month Rule"

Yes, I dealt with this. Since you have until April 2018 to make the contribution, just see if you will have an HSA in 2018 or not (you should know by Dec 2017 or Jan 2018 at the latest). If yes, contribute the full amount for 2 years. If not, don't contribute anything. Maybe, maybe not. Employers d...
by Artsdoctor
Mon Jul 17, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account and "Last Month Rule"
Replies: 25
Views: 2192

Re: Health Savings Account and "Last Month Rule"

As far as the Last Month Rule, you have to realize that it is double-edged sword and not without risk. On one hand, it is a potential gift. If you have a HDHP plan starting on December 1, 2016, you need to make a decision. You can either make a one-month contribution or a 12-month contribution. Ther...
by Artsdoctor
Mon Jul 17, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account and "Last Month Rule"
Replies: 25
Views: 2192

Re: Health Savings Account and "Last Month Rule"

Small Law Survivor, I've reread your posts a few times and have to admit that I'm not following you. Are you enrolled in Medicare or not? Early on, you mentioned that you have enrolled in Medicare. Is this correct? If you enroll in Medicare Part A, you can't contribute pre-tax dollars to your HSA. I...
by Artsdoctor
Mon Jul 17, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 749

Re: Need clarification after reading Boglehead page on reinvesting taxable dividends or not

I read the Bogleheads page here: https://www.bogleheads.org/wiki/Reinvesting_dividends_in_a_taxable_account and still have so e confusion and need some clarification. Here is our situation: 1. We have 3 main accounts at Vanguard In addition to some much smaller Roth accounts which we have no Intere...
by Artsdoctor
Mon Jul 17, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 2699

Re: Do you pay fees to buy funds or ETFs?

Yes. It pains me to say it, but I pay fees. I have an old Fidelity account which has been mostly transferred into a trust and there are many individual municipal bonds. Every quarter, I take the dividends and purchase Vanguard's Total World ETF (VT) because I think it's one of the best simple ETFs a...
by Artsdoctor
Mon Jul 17, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in a Taxable Account.
Replies: 9
Views: 1067

Re: Bonds in a Taxable Account.

Pedro, Very good first post! You need to offer a bit more information. What's your age? When do you anticipate spending the money invested in bonds? What is your MARGINAL tax rate (federal and state)? What's your cash cushion? What's your asset allocation? What's the goal of your bonds (income, stab...
by Artsdoctor
Mon Jul 17, 2017 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 8307

Re: Personal Finance Milestone: 20 Times Annual Expense

Hi, As of this Friday, my investment had reached 20 times my current annual expense. There is a light at the end of the tunnel. And, it is not a train. It had been a long and hard struggle over the last 10+ years but it looks like I will make it. 10+ years ago, Telecom bust wiped out 50% of my inve...
by Artsdoctor
Sat Jul 15, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 156
Views: 15359

Re: How are folks handling the unprecedented rise in the market ?

Well, I'm going to buck the trend. I HAVE changed things around quite a bit. At the end of last year and now again this year, I've transferred over a lot of appreciated assets into my donor advised fund at Vanguard. The more theh equity market goes up, the more I transfer over; the more the market d...
by Artsdoctor
Tue Jul 11, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 146
Views: 20557

Re: Best HSA (2017)

Instead of getting individual opinions, take a look at a comprehensive study that Morningstar published in June. You should find most of what you need there:

http://corporate1.morningstar.com/Resea ... landscape/
by Artsdoctor
Tue Jul 11, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: HSA administrator options
Replies: 11
Views: 624

Re: HSA administrator options

Everyone will have their own personal opinions regarding this matter but it's important to keep in mind that people use their HSAs differently. The best article I've seen recently is the Morningstar article described above: http://corporate1.morningstar.com/ResearchLibrary/article/813893/2017-health...
by Artsdoctor
Tue Jul 11, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Fees, and the Vanguard Effect?
Replies: 3
Views: 343

Re: HSA Fees, and the Vanguard Effect?

Vanguard will not be able to have any effect on administrative fees associated with HSA accounts. You cannot get your HSA through Vanguard although you can have access to Vanguard funds through your HSA. Morningstar did a very comprehensive analysis on the ten largest HSA providers and it was publis...
by Artsdoctor
Fri Jul 07, 2017 9:02 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11494

Re: "Bond wipeout has just begun"???

So is this "really" the end of the multi-year bond rally? And if bonds/bond funds are in for a long period of declining prices, and stocks are pricey, what do you do? Sit it out in a money market fund making nothing (and actually losing money to inflation)? https://www.bloomberg.com/news/...
by Artsdoctor
Fri Jul 07, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: "My Favorite Mutual Fund"
Replies: 11
Views: 1654

Re: "My Favorite Mutual Fund"

I could not agree more. Total Market Index Fund is by far the largest holding in my portfolio. It was my first Vanguard holding which I purchased decades ago and, at 0.04% ER, it is one of the greatest bargains currently available. Every single 20-something investor that I've worked with in the past...
by Artsdoctor
Wed Jul 05, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: Delta Air - various classes of service
Replies: 59
Views: 3461

Re: Delta Air - various classes of service

I fly a lot, and my preference has been Delta for years. I was caught up in the IT snafu you're alluding to and it was very bad. However, they handled it better than expected and they were more than fair when settling up after the mess. If I can fly Delta non-stop, I'll always pick it. It's only my ...
by Artsdoctor
Wed Jul 05, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: "What I Learned From My 'Faux-tirement'"
Replies: 33
Views: 6758

Re: "What I Learned From My 'Faux-tirement'"

You know, despite having more than enough, Jack Bogle is still working. I hope there is something I feel as passionately about at his age as he has. I think it was Tim Ferris who said retirement is just your back-up plan in case you are forced to quit doing what you love. Life just seems so much mo...
by Artsdoctor
Sat Jul 01, 2017 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: HSA with HSA bank (my options?)
Replies: 41
Views: 2877

Re: HSA with HSA bank (my options?)

I've used Health Savings Administrators for well over a decade. They've had changes over the years, and their website has been clunky when compared to other brokerage houses. The accounts have been for investment purposes and I've been using the Balanced Index fund for the past few years. Currently,...
by Artsdoctor
Fri Jun 30, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Ideas for a week in Spain
Replies: 42
Views: 2437

Re: Ideas for a week in Spain

Victoria, Since you're going to be in the northern part of Spain, consider exploring the Basque region. You can be based in San Sebastian or Bilbao, and then branch out to the countryside if you'd like. The history is interesting, the architecture is interesting (obviously the Guggenheim in Bilbao b...
by Artsdoctor
Fri Jun 30, 2017 9:34 am
Forum: Investing - Theory, News & General
Topic: Effect of bankruptcy on ira
Replies: 23
Views: 1915

Re: Effect of bankruptcy on ira

I learned (the hard way) that, depending on applicable state law, IRAs do not have the protection against judgments that 401ks do. I did not declare bankruptcy and lost several hundred thousand dollars in a work related civil judgment. I am so very sorry. You must have gone through an incredibly to...
by Artsdoctor
Thu Jun 29, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 24982

Re: Early Retirement - what to do about healthcare?

Many people can take their employer's disability policy with them when they leave and continue coverage for decades. Not so with health insurance. With the one employer that didn't reject me for disability (they offered it to all employees regardless of health history), I wasn't offered the option ...
by Artsdoctor
Thu Jun 29, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Voice Verification
Replies: 27
Views: 1953

Re: Vanguard Voice Verification

Unfortunately, the forms which require a notarized signature, I have found, will still require a notary even with voice recognition. This is a shame, but at least a notary is far easier to find. I believe the correct term is "medallion signature guarantee." For some reason, a previous bank...
by Artsdoctor
Thu Jun 29, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 24982

Re: Early Retirement - what to do about healthcare?

The individual insurance market is a concern for everyone, even employed people who get group insurance from their employer. Early retirement and layoffs aren't the only scenarios. If you get seriously ill (cancer, auto-immune disease, etc.), you are likely to lose your ability to do your job, and ...
by Artsdoctor
Thu Jun 29, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Voice Verification
Replies: 27
Views: 1953

Re: Vanguard Voice Verification

For the people who use it, have you tested it with the voice of someone who sounds kind of similar (same gender, accent, etc) to see whether Vanguard could detect that it wasn't you? My main concern is that the technology wouldn't be able to detect an imposter. No one? I think you can google this. ...
by Artsdoctor
Thu Jun 29, 2017 8:34 am
Forum: Investing - Theory, News & General
Topic: Taxable lots
Replies: 12
Views: 672

Re: Taxable lots

I hold vanguard short term tax exempt in my taxable account. These are all covered shares. They put off frequent dividends. Is there a problem with having many lots or is it better to wait until you have a larger chunk to purchase? I would assume with my account set to specific id and vanguard trac...
by Artsdoctor
Thu Jun 29, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Voice Verification
Replies: 27
Views: 1953

Re: Vanguard Voice Verification

It's essential: when you're enrolled, you can almost always circumvent any need for a gold medallion signature guarantee. That's worth a LOT. How would this work? If you are sending in a form that requires a medallion signature, how do you attach "your voice" to it instead? Instead, you w...
by Artsdoctor
Tue Jun 27, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Voice Verification
Replies: 27
Views: 1953

Re: Vanguard Voice Verification

It's essential: when you're enrolled, you can almost always circumvent any need for a gold medallion signature guarantee. That's worth a LOT.
by Artsdoctor
Sun Jun 25, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: S corp salary timing
Replies: 7
Views: 816

Re: S corp salary timing

You might want to discuss this with your CPA. There are businesses out there which legitimately take once a year paydays (for example, a shop specializing in Halloween costumes). However, I'd be very careful about you're describing. It would be one thing to take absolutely NO checks out of your S Co...
by Artsdoctor
Sun Jun 25, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: HSAs and "Saving Medical Receipts"
Replies: 96
Views: 7134

Re: HSAs and "Saving Medical Receipts"

"There is no additional tax on distributions made after the date you are disabled, reach age 65, or die." This is from Publication 969 which describes tax penalties for money withdrawn for non-medical expense reasons. If withdrawing money from your HSA after reaching the age of 65 for non-...
by Artsdoctor
Sun Jun 25, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: A Bogleheads success story
Replies: 20
Views: 5382

Re: A Bogleheads success story

About six years ago, a close friend of mine received an inheritance. He knew that I had investments and was a fan of index funds, and asked me to help him invest the money. I thought about it, and solicited advice from the board and at a DC Bogleheads meeting. I ended up recommending a slightly mod...
by Artsdoctor
Sun Jun 25, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 24982

Re: Early Retirement - what to do about healthcare?

Let me get this straight so that I understand why there are these discussions? Many Americans get health insurance from their employers, another many are seniors so they have Medicare, yet many others have Medicaid. So the Americans who are relevant to this thread are those who are relatively young...
by Artsdoctor
Fri Jun 23, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 24982

Re: Early Retirement - what to do about healthcare?

You're going to need an employer-based plan that stays with you in retirement as a benefit or at least COBRA. Anything short of that, you're going to be gambling a great deal. You're gambling either way because you'd still be at the mercy of an employer who can choose to do anything they want (or g...
by Artsdoctor
Fri Jun 23, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: "10 Reasons Why Advisers Struggle To Keep Client Portfolios Simple"
Replies: 25
Views: 3908

Re: "10 Reasons Why Advisers Struggle To Keep Client Portfolios Simple"

Regarding who's driving this, the advisor or the client, you can pretty much tell just by looking at the statement. An advisor can create a relatively complex portfolio with low-cost funds, and perhaps there is an acknowledgement that the clients expect "action." However, I've seen more th...
by Artsdoctor
Fri Jun 23, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 24982

Re: Early Retirement - what to do about healthcare?

If I may, I can weigh in from a physician point of view. You'll need to filter this through the experience of only one person in a large city in California. First, there are lifestyle illnesses, to be sure. Smoking, obesity, alcoholism, substance abuse, etc., etc. But there's not a day that goes by ...
by Artsdoctor
Thu Jun 22, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX taxable buy now dividends just distributed
Replies: 9
Views: 1096

Re: VTSAX taxable buy now dividends just distributed

I would strongly urge you to keep your own records. There is a requirement that Vanguard keep track of covered shares but they may not always keep track of them correctly. I recently transferred specific lots into a trust and Vanguard did not do it directed; if I had not had my own records, it would...
by Artsdoctor
Wed Jun 21, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs and "Saving Medical Receipts"
Replies: 96
Views: 7134

Re: HSAs and "Saving Medical Receipts"

^ There is always a risk that the spouse left behind will not be able to follow through with some of the financial plans that the Boglehead was planning. This is where your IPS or any other written instructions would come into play. I've tried to be focused and as brief as possible with those instru...

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