Search found 960 matches

by DVMResident
Tue Dec 06, 2016 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: $60k Towards Rental, or VTSAX?
Replies: 8
Views: 582

Re: $60k Towards Rental, or VTSAX?

Why would you want to sell your rental and give up on $1,700 a month in income? The OP's mortgage is ~$1.5k/month (plus HOA?). About $0.8k/month is equity build up, which is subject to taxes and realtor fees on sale plus the unfavorable tax treatment of unearned income at the OP's income. Fairly in...
by DVMResident
Mon Dec 05, 2016 3:18 pm
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 62
Views: 4580

Re: Men's Fashion - Best Bang for Buck

Also, hang dry. Driers really eat into the number of wears per item. I own 6 dress shirts and pants (~$650 wardrobe, excluding shoes and belt), cycling on a ~weekly basis. This. Fraying of cuffs on a shirt? I've literally never had that happen and I do not wear high-end clothing. I have a few stapl...
by DVMResident
Mon Dec 05, 2016 2:19 pm
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 62
Views: 4580

Re: Men's Fashion - Best Bang for Buck

Another Nordstrom's Rack customer here. Quality over price, especially for daily work clothes. Also, hang dry. Driers really eat into the number of wears per item. I own 6 dress shirts and pants (~$650 wardrobe, excluding shoes and belt), cycling on a ~weekly basis. 3 years in and just starting to f...
by DVMResident
Fri Dec 02, 2016 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Is This Insane?
Replies: 28
Views: 3461

Re: Is This Insane?

It's call "Swedroe's Minimizing Fat Tails Portfolio", or something close to it.
There are a number of threads on a SCV/EM split, like this one: https://www.bogleheads.org/forum/viewtopic.php?t=109940
Happy reading.
by DVMResident
Wed Nov 30, 2016 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Turning Primary Residence Into a Rental
Replies: 16
Views: 1230

Re: Turning Primary Residence Into a Rental

Since you asked, my general opinion on rentals: they tend to work well (1) with leverage (i.e. a mortgage), (2) multiple units to diversify risks/smooth out cash-flow, and (3) when purchased for cheap. Rarely do primary residential rental's, especially on the higher price end like your's, returns j...
by DVMResident
Tue Nov 29, 2016 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Turning Primary Residence Into a Rental
Replies: 16
Views: 1230

Re: Turning Primary Residence Into a Rental

- 2BR/2BA Townhouse (in a HCOL city center) - purchase price: ~$650k (2012) - mortgage: ~$440k (remaining), 30 yr, 3.5% fixed - PITI (plus HOA fee): $3000/mo. - estimated rent: $3500 - $3750 /mo. I wouldn't. The ROI is marginal for a concentrated risk and your equity is based on a generally hot &qu...
by DVMResident
Mon Nov 28, 2016 12:14 am
Forum: Personal Consumer Issues
Topic: Why do reviewers love the Dell XPS 13 but users don't?
Replies: 57
Views: 4861

Re: Why do reviewers love the Dell XPS 13 but users don't?

I have a XPS 15 (not 13) that replaced my Yoga Pro 2, which my kid broke. Decided to go with a build more solid with a toddler in the house. I love it. Probably the best laptop I've had ever had. The good: screen is super (bright, good color, high res, good viewing angles) with a thin bezel, the foo...
by DVMResident
Mon Nov 21, 2016 2:10 am
Forum: Personal Finance (Not Investing)
Topic: Renting in L.A. - good school district
Replies: 16
Views: 1170

Re: Renting in L.A. - good school district

South Bay (notably Manhattan Beach, Hermosa Beach, Redondo Beach) or Culver City. I'd start looking in Redondo: the 'north' (really north-east) neighborhood is more residential, the west part has a beach vibe, and the village has shopping/events. I love Culver, but it's getting way too pricey. You c...
by DVMResident
Wed Nov 09, 2016 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to retire early (in your 30s or 40s)?
Replies: 173
Views: 20903

Re: How to retire early (in your 30s or 40s)?

... One of the very important issues surrounding early retirement (RE) for physicians is the devastating loss to society of medical acumen and judgement that is gained after years of practice. I am not insinuating that you (or I, for that matter) have a societal obligation to continuing to practice...
by DVMResident
Sun Nov 06, 2016 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: I can't help but feel I'm making a mistake by renting... help?
Replies: 70
Views: 4798

Re: I can't help but feel I'm making a mistake by renting... help?

Another consideration in Seattle is to take advantage of the rental market if you decide to buy. This is what my wife and I did a year ago when we bought in north Seattle. Turned our basement into a legal apartment and now earn $1600/mo for space we weren't using anyway. Being a landlord is a new s...
by DVMResident
Mon Oct 31, 2016 10:02 am
Forum: Investing - Theory, News & General
Topic: Guaranteed 6.8% by paying down student loans?
Replies: 18
Views: 1916

Re: Guaranteed 6.8% by paying down student loans?

if I am missing something here? One non-math aspect the following simple truth: student loan companies cheat. We spent 2 years paying down student loans on an accelerated timeline and these are some of their tricks: -Delay depositing the check to the next cycle -Applying the money towards next paym...
by DVMResident
Fri Oct 28, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Sued for General [Investment] Advice?
Replies: 43
Views: 5385

Re: Sued for General Advice?

If you're giving advice to friends and family, chances are pretty low that you'll get sued.
by DVMResident
Sun Oct 23, 2016 3:09 am
Forum: Personal Consumer Issues
Topic: How many have moved from California due to Cost of Living?
Replies: 108
Views: 10924

Re: How many have moved from California due to Cost of Living?

CA native. The high cost of living in CA is largely driven by the real estate costs. CA RE has a lot of speculation built into it. CA RE cycles up and cycles down. Sometimes it works in your favor. Sometimes it hoses you. My family purchased a house in the early '90's market downturn. It's quadruple...
by DVMResident
Thu Oct 20, 2016 12:52 pm
Forum: Personal Consumer Issues
Topic: HDMI on New Computer
Replies: 10
Views: 1056

Re: HDMI on New Computer

As other posters have said, the USB-C to HDMI adapter is no biggie.

The number pad: if she does a lot of data entry, external number pads (wired or blue tooth) are a very cheap way to get both a full keyboard and still have the portability of ultra book. Various models are available on Amazon.
by DVMResident
Wed Oct 19, 2016 12:52 pm
Forum: Personal Consumer Issues
Topic: Recommend tablet/laptop & app/software for service business?
Replies: 12
Views: 883

Re: Recommend tablet/laptop & app/software for service business?

I would seriously consider a LTE compatible laptop so you can sync data in the field. Probably the best two are Lenovo Carbon X1 (lighter, more portable, fingerprint scanner for extra secruity) or a ToughBook (less portable but though, as the name implies). Numerous tablets, e.g. Microsoftware Surfa...
by DVMResident
Tue Oct 18, 2016 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: How do you analyze your spending? (Where is my money going?)
Replies: 69
Views: 5723

Re: How do you analyze your spending? (Where is my money going?)

Very crudely through reserve budgeting: Expenses = gross income - taxes - savings I don't really care if I purchased a clothes one month or picked up the check with a group of friends the next month. I can account for the big ticket items (housing, health care, insurance) fairly easily. IMO, the sma...
by DVMResident
Mon Oct 17, 2016 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Laid off at 40 - What to do?
Replies: 42
Views: 6601

Re: Laid off at 40 - What to do?

Let me get this straight you have: $2 million in investments side income that makes $30k/yr between your business and your rentals Spouse that makes $150k/yr I don't understand why you are not retired or very close to it right now. I was trying to figure this one out, too. By the numbers, you could...
by DVMResident
Tue Oct 11, 2016 5:48 pm
Forum: Personal Consumer Issues
Topic: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"
Replies: 109
Views: 13418

Re: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"

But what about the middle? There are plenty of associates who dress reasonably, have nice normal cars like Honda Accords, and who don't stand out in either direction. Acuras and Infinitis are also popular in our garage. They seem to strike a happy balance of not spending crazily so they can still s...
by DVMResident
Sun Oct 09, 2016 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: tax 401K vs paying down mortgage
Replies: 13
Views: 1515

Re: tax 401K vs paying down mortgage

+1 for the vote for a backdoor ROTH via 401(k) after tax assuming an adequate emergency fund is in place.

Taxable investing is a second option if you need more liquidity.
by DVMResident
Fri Oct 07, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Laptop ideas
Replies: 41
Views: 2226

Re: Laptop ideas

Something from these lists: Top 10 Ultrabooks (smaller) or Top 10 Multimedia Notebooks (larger) I'm partial to the Dell XPS 13 or 15, which will give a great user experience: awesome screen, quick, light, and solid build with a smaller than usual footprint for the screen size. The XPS 15 has a full ...
by DVMResident
Wed Oct 05, 2016 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 25
Views: 1529

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

justskipee wrote:Employer retirement plans: 403b (18k limit), 457b (18k limit), and 401a (DCP after tax, 53k limit).
You may know this, but the $53k/year limit is for all retirement accounts, excluding IRAs.


Thanks barelybarefoot for the correction.
Learn something new on these boards everyday.
by DVMResident
Wed Oct 05, 2016 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 25
Views: 1529

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

My questions are: 1. Should I prioritize the megabackdoor roth option (aftertax contribution to DCP plan, then rollover to my roth IRA) or filling my 403b & 457b plans? 403(b) & 457 first. Your marginal rate is high and the deduction is preferable to the ROTH. Plus, the age/withdraw rules o...
by DVMResident
Wed Oct 05, 2016 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: What you guys do with the bonus
Replies: 59
Views: 4982

Re: What you guys do with the bonus

I'm confused. Is there some reason why a bonus should be treated differently than any other paycheck? If not, just do with it what you always do with income. The difference is it's unpredictable. So don't budget based on receiving it. What most Bogleheads do, which you can gather from this thread, ...
by DVMResident
Wed Oct 05, 2016 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: What you guys do with the bonus
Replies: 59
Views: 4982

Re: What you guys do with the bonus

I'm confused. Is there some reason why a bonus should be treated differently than any other paycheck? If not, just do with it what you always do with income. The difference is it's unpredictable. So don't budget based on receiving it. What most Bogleheads do, which you can gather from this thread, ...
by DVMResident
Tue Oct 04, 2016 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: [T32 NIH Post-doc, eligible for SEP IRA?]
Replies: 10
Views: 546

Re: [T32 NIH Post-doc, eligible for SEP IRA?]

Spousal IRA is probably the best/simplest mechanism, presuming you have 'earned' wages with joint filing.

If she receives a W-2 (institution dependent; not sure about NIH), she will be able to contribute to her own IRA. If she receives the stipend on a 1099 or 1098T, the income is 'unearned.'
by DVMResident
Sun Oct 02, 2016 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp VP is Recruiting--advice please
Replies: 16
Views: 3534

Re: Megacorp VP is Recruiting--advice please

Whelp, department declared reorgs are in the planning stages today. Good timing I guess. Don't think I'm at risk, but you never know. Oh oh. Been through this enough times that I know what this means: lay-offs. Don't think you won't be affected. If you have a good outside opportunity, I would jump....
by DVMResident
Sun Oct 02, 2016 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp VP is Recruiting--advice please
Replies: 16
Views: 3534

Re: Megacorp VP is Recruiting--advice please

Update: interviewed. Went well. Asked for feedback from the VP and on the good side: "know how to make the position successful", he was "very impressed", and "knocked it out of the park in front of tough audience" (last one paraphrased keywords). My negatives are I'm ju...
by DVMResident
Sun Oct 02, 2016 10:52 am
Forum: Personal Consumer Issues
Topic: Desktop vs. Laptop Computer
Replies: 56
Views: 4424

Re: Desktop vs. Laptop Computer

Another vote for laptop plus a keyboard/screen setup. Even laptops come with powerful graphic cards these days for fairly cheap. I wouldn't worry about losing power going to a laptop and the costs savings are fairly negligible. The primary advantage of desktops is heat control for power takes and mo...
by DVMResident
Mon Sep 26, 2016 9:51 am
Forum: Personal Consumer Issues
Topic: Trader Joe's Fans - good value?
Replies: 91
Views: 7962

Re: Trader Joe's Fans - good value?

TJ's best deal is their free samples! 8-) Keeps the kids busy vs a melt down.
by DVMResident
Sat Sep 24, 2016 11:39 pm
Forum: Personal Consumer Issues
Topic: Anybody here make 70K or under
Replies: 30
Views: 5980

Re: Anybody here make 70K or under

Comment from an anonymous internet person who doesn't know you: you sound more like a 'work to live' than a 'live to work' kind of person. Maxing 401(k) plus ROTH IRA is 23.5k is about a third of your income -- plus a government pension! You really shouldn't have to work 30 years with that kind of s...
by DVMResident
Fri Sep 16, 2016 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 55
Views: 7011

Re: Keys to a Successful Retirement

- Own, don’t rent and pay off the mortgage at or before retirement... - Use home equity in retirement. Seriously consider taking out a reverse mortgage line of credit. I don't understand this. Why would one want to pay off the debt just to reissue it? The translation costs are high and one would gi...
by DVMResident
Fri Sep 16, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 55
Views: 7011

Re: Keys to a Successful Retirement

- Own, don’t rent and pay off the mortgage at or before retirement... - Use home equity in retirement. Seriously consider taking out a reverse mortgage line of credit. I don't understand this. Why would one want to pay off the debt just to reissue it? The translation costs are high and one would gi...
by DVMResident
Tue Sep 13, 2016 10:31 pm
Forum: Investing - Theory, News & General
Topic: Strategy to buy expensive house
Replies: 67
Views: 5607

Re: Strategy to buy expensive house

+1 for waiting till the market cools down. Or, at least, that's what I would do. Even at low interest rates, the PITI is probably in the $5k/mo range. That's a bit of a stretch on $200k income. It's a stretch and your saving rate will suffer, but OTOH don't buy something you won't be happy with. Yo...
by DVMResident
Tue Sep 13, 2016 5:31 pm
Forum: Investing - Theory, News & General
Topic: Strategy to buy expensive house
Replies: 67
Views: 5607

Re: Strategy to buy expensive house

+1 for waiting till the market cools down. Or, at least, that's what I would do. Even at low interest rates, the PITI is probably in the $5k/mo range. That's a bit of a stretch on $200k income. It's a stretch and your saving rate will suffer, but OTOH don't buy something you won't be happy with. Yo...
by DVMResident
Tue Sep 13, 2016 3:00 pm
Forum: Investing - Theory, News & General
Topic: Strategy to buy expensive house
Replies: 67
Views: 5607

Re: Strategy to buy expensive house

I have a million dollar-question: why does anybody need a $1M house for their stuff? Buy a $250K nice little house, pay $100/month for storage. Done. A house is not an investment, it's a sinkhole. The true "real (royal)" part of the estate is the land, which is not worth $1M by far. Besid...
by DVMResident
Fri Sep 09, 2016 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: How do taxes work for rental income
Replies: 26
Views: 2424

Re: How do taxes work for rental income

Pretty much. You can also take depreciation, property taxes, and any other related expenses. It all gets reported on Schedule E. you "must" take depreciation, since it will be recaptured later on. Technically, you don't have to. You just pay recapture as if you took deprecation. So, it's ...
by DVMResident
Thu Sep 08, 2016 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp VP is Recruiting--advice please
Replies: 16
Views: 3534

Re: Megacorp VP is Recruiting--advice please

Whelp, department declared reorgs are in the planning stages today. Good timing I guess.
Don't think I'm at risk, but you never know.
by DVMResident
Thu Sep 08, 2016 7:09 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 104
Views: 12751

Re: Do Bogleheads Budget?

Reserve budget for us: we (1) hit saving targets, (2) pay bills, and (3) spend what's left.

I don't care what category is higher or lower in a given month as long as the saving targets are met.
by DVMResident
Wed Sep 07, 2016 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Increase Hand-in-Hand with Tax Increase
Replies: 34
Views: 2418

Re: Salary Increase Hand-in-Hand with Tax Increase

Other than contributing the max to a 401k, IRA, and HSA, are there any other options to legally shelter income from taxes? The goal should be maximizing returns, not avoid taxes. Taxes are just another cost to factor. But to answer your question about alternative approaches for tax efficiency, real...
by DVMResident
Tue Sep 06, 2016 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Real estate "1035" exchange?
Replies: 5
Views: 488

Re: Real estate "1035" exchange?

Thanks all...1031 (not 1035). The appreciation of this single family/townhouse could be the catalyst for the purchase of a multiple unit building. I believe that is one of the more common applications of the 1031 exchange. I think investors usually go up in value/size/etc when they roll into a new ...
by DVMResident
Mon Sep 05, 2016 1:38 am
Forum: Personal Finance (Not Investing)
Topic: Megacorp VP is Recruiting--advice please
Replies: 16
Views: 3534

Re: Megacorp VP is Recruiting--advice please

I would make the move, but demand more money since you have more annual reviews to do. If the job doesn't work out, allow your wife the chance to be the higher earner in the household :sharebeer Ha, I like it 8-) my experience is that in considering the risks and rewards of making a move, people ar...
by DVMResident
Thu Sep 01, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Apple free index??
Replies: 26
Views: 2426

Re: Apple free index??

You want to avoid Apple specifically, a simple mid-cap fund core would do that. If you're more generally interested in socially responsible investing, Wikipedia has a nice list of options. I like this one: TIAA-CREF Social Choice Eq Instl is a low fee (ER 0.18%), reasonable large cap proxy that has ...
by DVMResident
Wed Aug 31, 2016 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp VP is Recruiting--advice please
Replies: 16
Views: 3534

Re: Megacorp VP is Recruiting--advice please

So the other question you should be asking is if you would want to work in academia. nedsaid, I was rereading the answers here and realized I didn't answer your question. I really enjoyed academia (and had a fairly successful track record), but I love productivity more. Academia funding, mostly thr...
by DVMResident
Mon Aug 29, 2016 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Megacorp VP is Recruiting--advice please
Replies: 16
Views: 3534

Re: Megacorp VP is Recruiting--advice please

OP here. Wow, overwhelmed with the advice! Many thanks. I'd disregard the pay increase as a reason to switch. It does not matter when you already live on a good bit less that what you make. Other factors will be more important I would think. You're right. We're on target to hit FI in the next 15 yea...
by DVMResident
Sat Aug 27, 2016 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp VP is Recruiting--advice please
Replies: 16
Views: 3534

Megacorp VP is Recruiting--advice please

9.8.2016. Whelp, department declared reorgs are in the planning stages today. Good timing I guess. Don't think I'm at risk, but you never know. Fun times. 10.29.2016. Update. The world turned and it was a bumpy spin, but I'm still in the same place: -I didn't get the position. The VP was "very...
by DVMResident
Fri Aug 26, 2016 5:16 pm
Forum: Investing - Theory, News & General
Topic: "Are Index Funds Eating the World?"
Replies: 44
Views: 5369

Re: "Are Index Funds Eating the World?"

If index funds become so popular that the market becomes inefficient There is an assumption index = market cap weighted. Market cap weighting is not required to make an index fund. It's merely the most popular method. One can index to anything. If the market is no longer setting prices (market cap ...
by DVMResident
Wed Aug 24, 2016 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Greater than 20% Downpayment
Replies: 8
Views: 1074

Re: Greater than 20% Downpayment

One loan officer suggested a lower mortgage rate up to 25% downpayment, which counterintuitively becomes HIGHER with greater than 25% downpayments. FWIW, my brother sells mortgages and tells me the same thing. Anyways, you could always take the best interest rate with 25% down, then send in a check...
by DVMResident
Mon Aug 22, 2016 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Homeowners should consider flood insurance
Replies: 78
Views: 6924

Re: Homeowners should consider flood insurance

Glad I live in the desert! Dealing with this kind of stuff must be a nightmare for those unprepared for it. When I lived in VA, we had an earthquake and many homes had significant damage that wasn't covered by their homeowners insurance. The State Farm agent said that apparently my dad was the only...

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