Search found 886 matches

by DVMResident
Fri May 27, 2016 10:34 am
Forum: Investing - Help with Personal Investments
Topic: US REIT P/E seem high - buy anyway for diversification?
Replies: 39
Views: 2066

Re: US REIT P/E seem high - buy anyway for diversification?

KyleAAA suggests using P/FFO instead. My understanding is that this would make the REIT sector look more attractive, but also sounds a little bit like what someone selling REITs would use to measure their valuation... KayleAAA is right. The accounting of depreciation causes problems with the E port...
by DVMResident
Thu May 26, 2016 11:10 am
Forum: Personal Finance (Not Investing)
Topic: How did you educate your kids on finances
Replies: 17
Views: 910

Re: How did you educate your kids on finances

Financial literacy education road map for children by age:
http://moneyasyougrow.org/
by DVMResident
Thu May 26, 2016 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Is Real Estate Market going crazy again?
Replies: 77
Views: 6156

Re: Is Real Estate Market going crazy again?

A friend just sold their house in a certain neighborhood near me. They received (and accepted) a cash offer from investors. Instead of an appraiser, the buyers sent over a contractor to estimate the cost of renovating it to rent out. The contractor said that this was the 12th house of the same floo...
by DVMResident
Mon May 23, 2016 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: How much money do you keep in your regular checking/savings?
Replies: 104
Views: 11927

Re: How much money do you keep in your regular checking/savings?

~$10k We have a rental and a large cash-flux in (rents) and out (mortgage, our own rent to pay). Just basic liquidity plus enough buffer to not risk overdrawing. The ~$100/year I give up to keep have everything historically linked hasn't overcome my inertia/laziness to move the account. The real sav...
by DVMResident
Sun May 22, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Beverages [Flavored carbonated water]
Replies: 8
Views: 741

Re: Beverages [Flavored carbonated water]

We have a Soda Stream and love it. We got the one with glass bottles, which are more expensive, but IMO tastes better. The bottles stay pre-chilled in the fridge and bring them out nightly for dinner. For flavor, we add fruit slices, typically lime, into each glass. The sell flavor additives, but I ...
by DVMResident
Fri May 20, 2016 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Tenants Moving Out - Sell or Keep Renting (Still in Capital Gain Exclusion)
Replies: 9
Views: 688

Re: Tenants Moving Out - Sell or Keep Renting (Still in Capital Gain Exclusion)

Some specific questions: - I actually only lived in the house for 20 months, but I understand the up-to-$250k capital gain exclusion is still prorated relative to 24 months. Does this mean my ~$65k gain exclusion would be prorated, or is only the maximum prorated (meaning the $250k would be prorate...
by DVMResident
Wed May 18, 2016 6:41 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Spartan Funds - name changes
Replies: 48
Views: 5030

Re: Fidelity Spartan Funds - name changes

To me, this sounds like Spartan funds are losing their names. :? Looking for "Spartan" keyword was a good way to identify funds with lower ER at Fidelity. I liked the Spartan name, that made it easy to locate their low ER index funds on the Fidelity website. Taking "Spartan" out...
by DVMResident
Sun May 15, 2016 10:43 am
Forum: Personal Finance (Not Investing)
Topic: High Earner $150k/yr. Single VS Married with Kids Take Home Salary??? Help!
Replies: 40
Views: 4353

Re: High Earner $150k/yr. Single VS Married with Kids Take Home Salary??? Help!

Your taxes will be lower. You will now use the married, joint filling income brackets, which are much kinder to single income families than unmarried individuals or dual income families. In addition, many of the phase outs will be much higher. Your family will also have access to spousal IRA. And 2 ...
by DVMResident
Fri May 13, 2016 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: What happens if I contribute excess after tax 401k?
Replies: 17
Views: 988

Re: What happens if I contribute excess after tax 401k?

And, the current budget proposal is to eliminate backdoor Roths. Not likely this year, but it's on their radar screen. L. :shock: Link? Hmm, we use backdoor mechanisms, but don't need to maximize all tax advantaged space. I may want to maximize retirement accounts change by sacrificing non-retireme...
by DVMResident
Wed May 11, 2016 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Renting vs owning
Replies: 140
Views: 14379

Re: Renting vs owning

The problem I have with renting is after 30 years of renting, you move and walk away with nothing. To make it worse, they will likely find a way to keep your security deposit too. When you buy, after 30 years, you own that house and have much equity. To me, owning is the better way. The major advan...
by DVMResident
Wed May 11, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Career Finance vs Social Work
Replies: 21
Views: 3177

Re: Career Finance vs Social Work

want to earn more...look for something else perhaps in social work? These two things do not match. Social workers are an amazing group that produce miracles with limited resources. Wife is a LCSW. It varies by state, but took her 5 years post-grad to get and that seems typical for her school mates....
by DVMResident
Wed May 11, 2016 9:41 am
Forum: Investing - Theory, News & General
Topic: End of Golden Era for Investors...?
Replies: 58
Views: 8381

Re: End of Golden Era for Investors...?

Leeraar wrote:I don't have to run faster than the bear [market], I just have to run faster than you?

L. :)


Ha!! Love it. So punny, my friend :beer
by DVMResident
Tue May 10, 2016 11:57 pm
Forum: Investing - Theory, News & General
Topic: End of Golden Era for Investors...?
Replies: 58
Views: 8381

Re: End of Golden Era for Investors...?

I have a different take: low returns don't matter because your dollar value doesn't matter. Your purchasing power is what matters. If index returns lag, everyone has less nominal dollars and that is (semi)-independent from supply. Decreased money in the system means lower prices for goods and servic...
by DVMResident
Tue May 10, 2016 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Renting vs owning
Replies: 140
Views: 14379

Re: Renting vs owning

The problem I have with renting is after 30 years of renting, you move and walk away with nothing. To make it worse, they will likely find a way to keep your security deposit too. When you buy, after 30 years, you own that house and have much equity. To me, owning is the better way. The major advan...
by DVMResident
Fri Apr 29, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Renting vs owning
Replies: 140
Views: 14379

Re: Renting vs owning

The problem I have with renting is after 30 years of renting, you move and walk away with nothing. To make it worse, they will likely find a way to keep your security deposit too. When you buy, after 30 years, you own that house and have much equity. To me, owning is the better way. The major advan...
by DVMResident
Thu Apr 28, 2016 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Too Much in Retirement Accounts?
Replies: 35
Views: 4814

Re: Saving Too Much in Retirement Accounts?

There's more than one road to FI. Your friend is building a RE business (which may or may not be sound). He is a landlord with tenants. He is also probably using leverage in the form of a mortgage. He is building income from rental cash-flows. Note, this is very different than the consumption act of...
by DVMResident
Thu Apr 28, 2016 12:33 pm
Forum: Personal Consumer Issues
Topic: Car Seat for vacation car rental
Replies: 24
Views: 1136

Re: Car Seat for vacation car rental

Most airlines let you check the car seat for free. Tip: get a car seat bag. It protects the seat and you can load extra stuff in it for a free trip. We stick the diapers, wipes, and toys into the car seat bag. Car seats are heavy and difficult to carry in addition to normal luggage. Our first trip w...
by DVMResident
Mon Apr 25, 2016 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Have any of you overextended on housing? What were your experiences?
Replies: 42
Views: 3890

Re: Have any of you overextended on housing? What were your experiences?

I think you have to balance not getting what you want and the (obviously) high transaction costs of upgrading in the not to distant future with the stress and financial ruin overbuying can bring. +1 There is wisdom in avoiding the "penny wise, pound foolish" mentality. A small stretch can...
by DVMResident
Mon Apr 25, 2016 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Have any of you overextended on housing? What were your experiences?
Replies: 42
Views: 3890

Re: Have any of you overextended on housing? What were your experiences?

I'll share our non-traditional tactic for consideration. 2012. We purchased a house that was 4.6x our combined income with 10% down, far above the recommended 2-3x. Rents were rising fast as were RE prices (most home selling way over list). Usually, the PITI would have been 30.7% of our gross. We kn...
by DVMResident
Thu Apr 21, 2016 7:35 pm
Forum: Personal Consumer Issues
Topic: Any stay at home parents regret the decision?
Replies: 100
Views: 10440

Re: Any stay at home parents regret the decision?

I changed jobs and moved ~120 miles when DW was 7 months pregnant. That was just over 2 years ago. She's enjoyed the time and it definitely is easier from a practical stand point -- although YMMV widely depending on personalities. I could not have done the reverse. The first six months are really ro...
by DVMResident
Mon Apr 18, 2016 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to suggest an increase in the 401k match?
Replies: 9
Views: 1228

Re: How to suggest an increase in the 401k match?

You could pitch it as a long term retention plan. Design the match with a laddered vesting schedule over a number of years, e.g. 3% with 0.5% vesting per year for 6 years and full vest for all employees with 6 years of service. Estimate the cost. Cite some study showing retention increases. Then est...
by DVMResident
Mon Apr 18, 2016 2:30 pm
Forum: Personal Consumer Issues
Topic: Laptop - Touch Screen?
Replies: 22
Views: 1568

Re: Laptop - Touch Screen?

Depends on your needs. If your just doing office and internet functions, Dell XPS 13 is probably one of the highest quality, portable windows machines with a touch screen these days. Here's a list of the current top 10 windows ultrabooks: http://www.notebookcheck.net/Notebookcheck-s-Top-10-Ultrabook...
by DVMResident
Mon Apr 18, 2016 2:24 pm
Forum: Personal Consumer Issues
Topic: Laptop - Touch Screen?
Replies: 22
Views: 1568

Re: Laptop - Touch Screen?

I've found the touchscreen laptops to be more hassle than they're worth. For me, a touchscreen is really only useful on a tablet. The laptops that "convert" into a tablet-like device (like the Yoga) are more gimmicks than anything. I'd say either go pure laptop or pure tablet. Agreed 100%...
by DVMResident
Sat Apr 16, 2016 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: MATH of buying vs renting
Replies: 4
Views: 678

Re: MATH of buying vs renting

Comparing a 3BR house to a 1BR apartment is misleading. They each provide you a very different lifestyle.
A better comparison would be a 1BR condo vs a 1BR apt.
by DVMResident
Fri Apr 15, 2016 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: After-tax 401k in-service withdrawal to Roth IRA vs direct Roth IRA+Taxable contributions
Replies: 10
Views: 523

Re: After-tax 401k in-service withdrawal to Roth IRA vs direct Roth IRA+Taxable contributions

have your wife put $5500 into a tIRA Since the IRA contributions wont be deductible for both of us, I thought Roth was better. Is tIRA still better for her? See http://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits. If I read your post correctly, your wife may deduct her tIRA contribution becaus...
by DVMResident
Fri Apr 15, 2016 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Meeting with a Fidelity Financial planner, is it useful?
Replies: 39
Views: 3820

Re: Meeting with a Fidelity Financial planner, is it useful?

I met with one. It was really useful because the planner had more information about company compensation bands and average raises than is available to the employees or even my manager (who's pretty chatty about this stuff). That was useful from a career stand point. Their Fidelity related stuff was ...
by DVMResident
Fri Apr 08, 2016 9:51 am
Forum: Personal Finance (Not Investing)
Topic: First time home buyer - Can I afford this home?
Replies: 38
Views: 3543

Re: First time home buyer - Can I afford this home?

You can afford it.

Personally, I wouldn't purchase until DW gets a job. There's no reason to limit her career prospects by fixing your location before you need the extra space.
by DVMResident
Thu Apr 07, 2016 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy
Replies: 32
Views: 3410

Re: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy

Taxes and high fees can be, and often are, on a similar order of impact. Long-term capitals are 15% +/- state plus taxes on dividends. Let's ballpark it at a 20% effective rate on realized gains (YMMV, of course-oversimplified example). Fees are in the same ballpark. Let's pretend nominal returns g...
by DVMResident
Thu Apr 07, 2016 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy
Replies: 32
Views: 3410

Re: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy

Taxes and high fees can be, and often are, on a similar order of impact. Long-term capitals are 15% +/- state plus taxes on dividends. Let's ballpark it at a 20% effective rate on realized gains (YMMV, of course-oversimplified example). Fees are in the same ballpark. Let's pretend nominal returns go...
by DVMResident
Fri Apr 01, 2016 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Renting forever: financial suicide?
Replies: 135
Views: 20655

Re: Renting forever: financial suicide?

I plan to rent as long as I live in this HCOL city. While there are areas I could afford a single family house, we could only afford a condo where we currently live (and where my wife and I enjoy living and wish to stay). According to trulia's rent vs own calculator trulia.com/rent_vs_buy for us re...
by DVMResident
Fri Apr 01, 2016 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Clothing budget for DVM's, MD's, and other kinds of Medical Professionals
Replies: 38
Views: 3160

Re: Clothing budget for DVM's, MD's, and other kinds of Medical Professionals

Most people aren't impressed by clothing I'll disagree here. For the first decade after graduating you'll get the question "are you old enough to be a doctor?" People in their 70's have difficulty distinguishing between a 20 year old and 30 year old. Professional appearance helps communic...
by DVMResident
Mon Mar 28, 2016 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Clothing budget for DVM's, MD's, and other kinds of Medical Professionals
Replies: 38
Views: 3160

Re: Clothing budget for DVM's, MD's, and other kinds of Medical Professionals

Male veterinarian. Not in private practice and didn't bothered adding it up when I was. Dark tan/khaki pants are the best color for pants. Black pants pick up white fur and white pants pickup the black fur. Lint rollers are your friend. You'll go through 1 roll every ~2 days. Best way to stay clean ...
by DVMResident
Mon Mar 28, 2016 4:57 pm
Forum: Investing - Theory, News & General
Topic: No Intl. DM, Just Intl. EM? [International Developed Markets, Emerging Markets]
Replies: 23
Views: 1885

Re: No Intl. DM, Just Intl. EM?

Threads on Larry's "No Fat Tails" portfolio goes into the EM only concept quite a bit.
by DVMResident
Mon Mar 28, 2016 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone think the stock market is overvalued?
Replies: 50
Views: 4215

Re: Does anyone think the stock market is overvalued?

Yes, stocks are valued above historic averages-which is a very noisy measure. The question should be "what are you going to do about it?" There is no where else to go. Cash yields near-zero (1% is a stretch). Real Estate prices are ridiculously high compared to the rent (YMMV). Fixed incom...
by DVMResident
Fri Mar 25, 2016 2:13 pm
Forum: Personal Consumer Issues
Topic: Should I change to artificial grass (in SoCal)?
Replies: 43
Views: 3496

Re: Should I change to artificial grass (in SoCal)?

The short answer: if you have the money to pay for it, yes. And if you don't have the money to pay for it, definitely yes. The water bills are crazy. The OP also has a pool, which is probably pushing him/her into a highest price tier. Personally, we xeriscape. I find it less work to maintain than g...
by DVMResident
Fri Mar 25, 2016 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Best & Worst Financial Decisions?
Replies: 92
Views: 8532

Re: Best & Worst Financial Decisions?

Worst: staying in school too long! Made it through grade 26. Best: buying 2-unit home-turned-rental property in 2012. 10% down. Equity has quadrupled due to market appreciation and little bit of principle pay down (~3x after taxes and sales costs). The excess cash-flow goes into a mega backdoor ROTH...
by DVMResident
Thu Mar 24, 2016 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Has your definition of "a lot" of money changed?
Replies: 57
Views: 5207

Re: Has your definition of "a lot" of money changed?

Your feelings are pretty normal and that feeling doesn't stop as you accumulate more and more: Millionaires feel stuck on a 'treadmill': Survey "Millionaires aspire generally to have more than twice what they have—even as they grow richer." I have that link saved to remind me to keep a bal...
by DVMResident
Wed Mar 23, 2016 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Financially, how have you done/doing vs. your parents?
Replies: 134
Views: 10793

Re: Financially, how have you done/doing vs. your parents?

Older millennial here with boomer parent. My father worked his way through undergrad and law school (ice truck driver 8-) ). He landed in big law, made youngest partner in the firm's history, and stayed with the same company for 30 years. Left after a bad merger and started his own firm. Always live...
by DVMResident
Wed Mar 16, 2016 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: First time landlord--how to write lease renewal contract?
Replies: 11
Views: 865

Re: First time landlord--how to write lease renewal contract?

Generally speaking, renters want flexibility. That's why they're renting. To get another 12 month lease and have them give up their flexibility, you'll have to concede something, generally less or no increase in rent. Not worth it IMO. I don't worry about turnover anymore. I just accept it, handle ...
by DVMResident
Wed Mar 16, 2016 11:55 am
Forum: Personal Finance (Not Investing)
Topic: First time landlord--how to write lease renewal contract?
Replies: 11
Views: 865

Re: First time landlord--how to write lease renewal contract?

Renters, good and bad, will eventually turn over. That's the nature of the business. Personally, it took me 2 tenant cycles to psychology accept this part. Good tenants go- and different tenants replace them. They're customers and you're the service provider. That's it. In my experience, turnovers a...
by DVMResident
Tue Mar 15, 2016 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: For Parents Who Have Given a Child Money For Home Down Payment
Replies: 158
Views: 11406

Re: For Parents Who Have Given a Child Money For Home Down Payment

No, that is not biggest worry. The biggest problem is your gift putting your family into a house that they can neither afford or sustain with their current income. And, in that case, you are hurting the family with the gift. After that, you either sustain their house / life style with continuous su...
by DVMResident
Mon Mar 14, 2016 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is California income tax-friendly for early retirees?
Replies: 71
Views: 6230

Re: Is California income tax-friendly for early retirees?

Like with most "high/low tax" conversation, it tends to get over simplified. The "nightmare" of CA taxes are overstated. We're higher in some areas (income tax, sales tax, Capitals Gains) and lower in others (SS, property taxes as percentage, compounded by Prop 13). The bottom li...
by DVMResident
Fri Mar 11, 2016 10:44 am
Forum: Personal Consumer Issues
Topic: Dogs & my mailbox
Replies: 37
Views: 2493

Re: Dogs & my mailbox

Motion sensor water cannon.
Works on people, too.:twisted:
by DVMResident
Sat Mar 05, 2016 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: 1031 Exchange
Replies: 5
Views: 318

Re: 1031 Exchange

In general.... you already own a rental property, sell that one, and then buy another one (or two, or..) within so many days. Why do that... you want to stay in the rental home business, you want to continue to defer taxes, you want to do the exchange and then move into the new home (don't escape t...
by DVMResident
Sat Mar 05, 2016 1:39 am
Forum: Investing - Theory, News & General
Topic: rental income investing
Replies: 50
Views: 4689

Re: rental income investing

but, if comparing this to investing the stock market, couldn't you use leverage (ie margin loan, stock options) to buy stocks? Sure, but the two are very dissimilar. Mortgages are cheap and have collateral, i.e. you can sell. Just as an example, my 2-unit primary residence-turned-rental is leverage...
by DVMResident
Thu Mar 03, 2016 10:50 am
Forum: Personal Consumer Issues
Topic: Meaning of term "Board Certified Physician"?
Replies: 38
Views: 4124

Re: Meaning of term "Board Certified Physician"?

Another group of practicing physicians are "board eligible," meaning they completed residency but either failed or decided not to take the licensing exam. "Board eligible" could also mean they filed the paperwork but haven't had the chance to sit for the board exam because of av...
by DVMResident
Thu Mar 03, 2016 12:31 am
Forum: Personal Consumer Issues
Topic: Joshua Tree/Palm, Springs biking
Replies: 9
Views: 711

Re: Joshua Tree/Palm, Springs biking

While you're in the neighborhood, the Palm Springs Aerial Tramway is worth a day.
by DVMResident
Thu Feb 25, 2016 6:03 pm
Forum: Investing - Theory, News & General
Topic: What withdrawal % are you planning on?
Replies: 89
Views: 6631

Re: What withdrawal % are you planning on?

I also expect to use a series of SPIA once I hit age 60+. I hope to retire before age 60 and will use 4% as my guide for that time frame. I suspect I will keep a 60/40 portfolio throughout retirement, annuitizing chunks of it as I go. I like this idea. It's a reserve DCA, smoothing out the impact o...
by DVMResident
Mon Feb 15, 2016 8:00 pm
Forum: Investing - Theory, News & General
Topic: Is there a general rule for computing standard deviation
Replies: 9
Views: 738

Re: Is there a general rule for computing standard deviation

What's your time frame? http://mathieu.bouville.name/finance/when-does-long-term-start/Bouville-return_envelope.png Figure 1 shows that the uncertainty of returns decreases as the investment duration increases. Over five years there is a 90% probability for the return to be between −6% and +20% p.a....
by DVMResident
Sun Feb 14, 2016 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: 10% Mortgage Down payment
Replies: 49
Views: 6392

Re: 10% Mortgage Down payment

What is your current rent compared to anticipated mortgage payment with 10% down? Unless your rent is significantly higher, I recommend saving till you get the 20% down. It is a lot harder to save once you own a home because of repairs, buying furniture , remodeling etc. Right now both of you have ...

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