Search found 11322 matches

by EmergDoc
Mon Feb 08, 2016 2:36 pm
Forum: Personal Consumer Issues
Topic: Sell truck and buy SUV?
Replies: 25
Views: 1663

Re: Sell truck and buy SUV?

Weird that you're okay with a Tundra but think a Sequoia size SUV is too big. We're very happy with our sequoia and may soon own two. It pulls my boat just fine. If the hill is really steep (6% grade at 7000 feet) It'll slow down to 50 while hauling 5000-7000 lbs behind it. A big diesel truck is goi...
by EmergDoc
Mon Feb 08, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Please share examples where earning an extra $1 can cost more in taxes than income.
Replies: 43
Views: 4742

Re: Please share examples where earning an extra $1 can cost more in taxes than income.

I just wanted to say this is a great thread. One of the best I've read in a while. Who knew there would be so many examples?
by EmergDoc
Mon Feb 08, 2016 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Confused doctor's portfolio
Replies: 10
Views: 1780

Re: Confused doctor's portfolio

I'm not sure why the other posters are saying to keep bonds in taxable. Bonds generally should be in tax-efficient vehicles (IRAs, 401(k)s, due to howt he income is taxes (especially for doctors with high incomes). You can read the Wiki about asset location. But, other than that, it looks good so f...
by EmergDoc
Mon Feb 08, 2016 11:18 am
Forum: Investing - Help with Personal Investments
Topic: How to invest my HSA money?
Replies: 8
Views: 695

Re: How to invest my HSA money?

Usually the problem is similar to that with 401ks - there are only a few low cost funds. If you don't plan on using the funds for out-of-pocket medical expenses until retirement then I think you should just invest it in accordance with your asset allocation. No need to "duplicate" your as...
by EmergDoc
Mon Feb 08, 2016 11:16 am
Forum: Investing - Help with Personal Investments
Topic: are you buying or selling or staying the course
Replies: 22
Views: 1352

Re: are you buying or selling or staying the course

LiveSimple wrote:Staying the course, buying and selling.

Majority staying the course, buying in 401k and taxable, selling in 529.


Exactly.

Staying the course for me IS buying and selling. I sell to tax loss harvest and rebalance. I buy every time I get new money.
by EmergDoc
Mon Feb 08, 2016 1:04 am
Forum: Investing - Help with Personal Investments
Topic: How to invest my HSA money?
Replies: 8
Views: 695

Re: How to invest my HSA money?

Usually the problem is similar to that with 401ks - there are only a few low cost funds. If you don't plan on using the funds for out-of-pocket medical expenses until retirement then I think you should just invest it in accordance with your asset allocation. No need to "duplicate" your as...
by EmergDoc
Sun Feb 07, 2016 11:51 pm
Forum: Investing - Theory, News & General
Topic: Taxable account strategy for delaying Social Security
Replies: 15
Views: 1388

Re: Taxable account strategy for delaying Social Security

Almost everything we read on this site and other resources recommends placing all bonds in tax sheltered vehicles, . You'll be pleased to learn that isn't necessarily right. Bonds in taxable are fine and perhaps even better for you. Figuring it out is ridiculously complex, of course, and relies on ...
by EmergDoc
Sun Feb 07, 2016 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Confused doctor's portfolio
Replies: 10
Views: 1780

Re: Confused doctor's portfolio

Please take a peek at my portfolio and comment on how I can improve, I refuse to hire a financial advisor and am attempting DIY... Emergency Funds: Yes, 6 months Debt: Mortgage $385k remaining, 5/5 ARM, 2.75% (3 years in) Tax Filing Status: Married filing Jointly Tax Rate: 33% Federal, 0% State Age...
by EmergDoc
Sun Feb 07, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

I have a profession, business appraiser, where doing what you say actually increases my proficiency at what I do. I also think there are probably other professions where this is true. Also, the folks that have this hobby also enjoy this type of work. I have yet to meet someone who is in category 4,...
by EmergDoc
Sun Feb 07, 2016 3:10 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

But individuals can and do maintain portfolios of individual stocks. Individuals can and do have enough success with it to meet their financial objectives. My best guess is that if one is conscientious and careful, one would just about match the performance of the index. Maybe beat it a bit or trai...
by EmergDoc
Sun Feb 07, 2016 3:08 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

I have a profession, business appraiser, where doing what you say actually increases my proficiency at what I do. I also think there are probably other professions where this is true. Also, the folks that have this hobby also enjoy this type of work. I have yet to meet someone who is in category 4,...
by EmergDoc
Sun Feb 07, 2016 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: World-class Worrier Trying to Reassure Another
Replies: 27
Views: 1914

Re: World-class Worrier Trying to Reassure Another

What do you think? She equates this situation to jumping off a cliff while being pursued by wild animals hoping to eat her alive (imagine those dreams). Sorry to be blunt, but her perception of the situation is bordering on ridiculous. Maybe working at an unbearable job has contributed to the undul...
by EmergDoc
Sun Feb 07, 2016 10:39 am
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

Please post your purchases here in real time so we can track them going forward. I probably will if you can post your purchases as well. I will probably do the stock and the price holding off quantity. That is more than I am willing to share. I want this tracked over long periods of time (decades) ...
by EmergDoc
Sat Feb 06, 2016 11:49 pm
Forum: Personal Consumer Issues
Topic: Costco Whole Lamb: 9 Month Old Frozen Meat
Replies: 13
Views: 2315

Re: Costco Whole Lamb: 9 Month Old Frozen Meat

So today I went to Costco to buy whole lamb. I looked at the tag in detail and realized the slaughter date (this is halal lamb) on this lamb is May 08, 2015. There was no ‘Sell by’ date to be found anywhere on the two tags attached to the lamb. Spoke with an employee and didn’t get a convincing ans...
by EmergDoc
Sat Feb 06, 2016 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Selling makeup on Facebook for extra income?
Replies: 10
Views: 1411

Re: Selling makeup on Facebook for extra income?

They are all stay at home mothers so don't earn any other income. I employ stay at home moms. So does Jet Blue. There are many 6 figure "mommy bloggers" who are technically Stay At Home Moms. There is no reason a talented stay at home mom has to settle for "hobby income" if she ...
by EmergDoc
Sat Feb 06, 2016 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Selling makeup on Facebook for extra income?
Replies: 10
Views: 1411

Re: Selling makeup on Facebook for extra income?

I knew someone who tried to do the Mary Kay thing. I offered her a job selling ads on my website. She makes a ton more for much less effort. This is the lesson I take from that: If you can sell, it's probably best to sell something really expensive with big commissions. If you can't sell, it doesn't...
by EmergDoc
Sat Feb 06, 2016 11:41 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

The following chart shows how some blue chips have beaten total stock market index handily over long term. So, which blue chips will beat the market going forward? It all depends on price. I am currently watching DEO (will buy around 100), NSRGY (will buy under 70), WPPGY (Will buy under 100) and U...
by EmergDoc
Sat Feb 06, 2016 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Long time lurker, first time poster
Replies: 8
Views: 1139

Re: Long time lurker, first time poster

Welcome. Thank you for taking the time to register and post. Your presence strengthens the community. For every question you were gutsy enough to ask, there are 10 lurkers with the same question. Good job on a nice income. Not quite such a good job on the amount of debt you have (although the terms ...
by EmergDoc
Sat Feb 06, 2016 6:05 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

pop77 wrote: The following chart shows how some blue chips have beaten total stock market index handily over long term.


So, which blue chips will beat the market going forward?
by EmergDoc
Sat Feb 06, 2016 5:49 pm
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 64
Views: 5311

Re: Anyone travel without hacking?

I generally don't like traveling because of the expense and time sunk into planning, but there are some places (internationally) my wife and I would like to visit someday. When I see all the threads and blogs on travel hacking, it's hard not to feel like I'm missing out by not churning credit cards...
by EmergDoc
Sat Feb 06, 2016 2:14 am
Forum: Investing - Theory, News & General
Topic: Bogleheads investment philosophy at huge risk?
Replies: 29
Views: 3256

Re: Bogleheads investment philosophy at huge risk?

Hi, I read this article that brings up the point that by blindly just buying index funds and holding without considering whether they are overpriced etc (i.e. bogleheads investment philosophy) is recipe for long term disaster. Curious to see what others think. Here's the link: http://jessefelder.tu...
by EmergDoc
Fri Feb 05, 2016 7:58 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

Ruins the entire article. Enjoying investing is not limited to people who hold individual stocks, it covers a whole range of people. What makes this hobby stupid? Is reading about companies less valuable than reading fiction? Doesn't sound like you enjoyed any of the article as you seem to have fel...
by EmergDoc
Fri Feb 05, 2016 7:48 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 67
Views: 4837

Re: "Picking Individual Stocks is a Loser's Game"

I saw today in the news that Linked-in is down 45%. That type of loss in a single day gave me flash-backs to the tech crash. Meanwhile, my contribution to TSM today went in on schedule. I sleep better at night by indexing. I no longer have that kind of exposure to individual stocks. I hope the numb...
by EmergDoc
Fri Feb 05, 2016 5:37 pm
Forum: Investing - Theory, News & General
Topic: Prosper.com Update Total Return
Replies: 35
Views: 2672

Re: Prosper.com Update Total Return

I think it is extremely difficult to evaluate p2p lending as an investment until it is seen how it performs during an economic downturn. My intuition is that the currently available returns don't justify the downside risk. Haven't run any numbers to back this up, but I'd imagine default rates would...
by EmergDoc
Thu Feb 04, 2016 11:10 pm
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3371

Re: Advice for parents with Perfectionist Child?

My daughter is a little perfectionist too and very competitive at anything she tries to do. But I think her traits pale in comparison to your child's. What I've tried to teach is that it's okay to enjoy a competition, but it's just as okay to lose as win when you do your best. Losing a lot makes tho...
by EmergDoc
Thu Feb 04, 2016 11:19 am
Forum: Investing - Theory, News & General
Topic: Prosper.com Update Total Return
Replies: 35
Views: 2672

Re: Prosper.com Update Total Return

I had about $50K in LendingClub. I will not do it again. Not because the returns are not good but because the taxes on these things are a nightmare. Literally They report the interest on a 1099 but to deduct the defaults and charge offs, you have to claim them as "capital loss" and theref...
by EmergDoc
Thu Feb 04, 2016 12:42 am
Forum: Investing - Theory, News & General
Topic: Prosper.com Update Total Return
Replies: 35
Views: 2672

Re: Prosper.com Update Total Return

HomerJ wrote:
mevans154 wrote:all of the loans are less than $50.


Who is borrowing less than $50?


It's Peer to Peer. You borrow $25 a piece from 1000 people.
by EmergDoc
Wed Feb 03, 2016 11:50 pm
Forum: Investing - Theory, News & General
Topic: Prosper.com Update Total Return
Replies: 35
Views: 2672

Re: Prosper.com Update Total Return

My return on a $500 investment at Prosper from February 2012 to present is 7.07% annualized using XIRR. Never autoinvested. My Lending Club return on far more money from November 2011 to present is 11.34% with many, many chargeoffs. I used autoinvesting there.
by EmergDoc
Wed Feb 03, 2016 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Life Insurance HELP! what to pick Term, Whole Life?
Replies: 20
Views: 1324

Re: Life Insurance HELP! what to pick Term, Whole Life?

My wife and I along with our 4 year old are just in the beginning stages of learning about life insurance and not sure what would be best. Term or Whole Life? Should we have individual policies? Who is depending on your 4 year old's income? Good one! Although, after I stopped laughing, I wondered w...
by EmergDoc
Wed Feb 03, 2016 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Physician buying an 850k vs 1.25m house
Replies: 54
Views: 5081

Re: Physician buying an 850k vs 1.25m house

Hi Everyone, I will be moving cross country and starting my dream job in the near future. While shopping for real estate we have found two houses we love. One is a new but unfinished home that is 850k and needs about 70 k to finish up. The second is 1.25 and old. It was however recently remodeled a...
by EmergDoc
Sun Jan 31, 2016 6:22 pm
Forum: Forum Issues and Administration
Topic: Maintaining anonymity and privacy [in this forum]
Replies: 22
Views: 3505

Re: Maintaining anonymity and privacy [in this forum]

As personal finances are a private issue, yet disclosure is important to the exchange of helpful advice on this board, I've thought of some ways members can preserve their anonymity and privacy while still divulging information helpful for those providing advice. To be clear, I am not condoning tha...
by EmergDoc
Sat Jan 30, 2016 7:47 pm
Forum: Investing - Theory, News & General
Topic: "6-reasons-we-lost-money-on-our-first-rental-property"
Replies: 21
Views: 4999

Re: "6-reasons-we-lost-money-on-our-first-rental-property"

When I read it, it sounds like money was made on the rental (something like 2011-2015) and a ton of money was lost on the owner occupied property (2006-2011). The article says, "Those two extras [HOA fees and flood insurance], especially combined with taxes, insurance, management fees, and mai...
by EmergDoc
Fri Jan 29, 2016 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 6130

Re: EJones Advisor wants to talk!

EJones Advisor wants to KEEP HIS MEAL TICKET is what he wants. I had a similar event when I asked Smith-Barney in the 80s to close my account and I would transfer to Vanguard. My "advisor" called me back to ask me to go to lunch at a fast food outlet to talk it over. At least that was a b...
by EmergDoc
Fri Jan 29, 2016 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 6130

Re: EJones Advisor wants to talk!

I'm lost. Why are you meeting again?
by EmergDoc
Fri Jan 29, 2016 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6613

Re: The Boglehead Way of Employment

... I have come to realize that journalism is a pretty low paying profession for a reason. There is just not much value add there and the Internet has of course destroyed Newspapers. ... I agree with most of your post except this ^^^. While it may not pay as well as being a software developer or a ...
by EmergDoc
Fri Jan 29, 2016 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6613

Re: The Boglehead Way of Employment

I am not a big believer in the "follow your passion" advice given to young people. Young people have a very limited set of experiences in life and have a long way to go to build up their knowledge of the world. Their "passions" are likely to evolve as they grow older anyway. Whe...
by EmergDoc
Fri Jan 29, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6613

Re: The Boglehead Way of Employment

I have come to realize that journalism is a pretty low paying profession for a reason. There is just not much value add there and the Internet has of course destroyed Newspapers. Also to make a good living as a writer of books takes a huge amount of talent and talent needs to match with the demands...
by EmergDoc
Fri Jan 29, 2016 2:03 pm
Forum: Personal Consumer Issues
Topic: Utah Spring Break Planning
Replies: 6
Views: 415

Re: Utah Spring Break Planning

Book now. That's a busy time of year down there. The two parks (Arches and Canyonlands) basically are in the town of Moab. I know you can camp in Arches, not sure about Canyonlands, but I'd stay in the town or on BLM land (which books up just as fast BTW.)
by EmergDoc
Fri Jan 29, 2016 12:52 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6613

Re: The Boglehead Way of Employment

Own your own business. That way you have to be fired by all (or at least most) of your customers to lose your job. Even if you're employed, get something going on the side. I always feel like this is the worst advice for the general public. Most people have no idea how to just open a successful bus...
by EmergDoc
Fri Jan 29, 2016 12:51 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6613

Re: The Boglehead Way of Employment

Own your own business. That way you have to be fired by all (or at least most) of your customers to lose your job. Even if you're employed, get something going on the side. I always feel like this is the worst advice for the general public. Most people have no idea how to just open a successful bus...
by EmergDoc
Thu Jan 28, 2016 10:58 pm
Forum: Investing - Theory, News & General
Topic: "Are You Holding Your Assets in the Right Types of Accounts?"
Replies: 5
Views: 1530

Re: "Are You Holding Your Assets in the Right Types of Accounts?"

Well done Christine. It's good to see someone doing the analysis right, which I'm embarrassed to say that many of us around here (including me) did not do for a long time.

It's about tax-efficiency AND expected return.
by EmergDoc
Tue Jan 26, 2016 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: whole life: 1500 cash value after 28 years?
Replies: 20
Views: 3051

Re: whole life: 1500 cash value after 28 years?

My wife's parents recently gave us her $25,000 whole life policy (State Farm executive protector). The premiums are $95/year. My in-laws have been paying for the policy since my wife was born 28 years ago. I'm in the process of gathering information about the policy to see whether we should cash it...
by EmergDoc
Tue Jan 26, 2016 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6613

Re: The Boglehead Way of Employment

Own your own business. That way you have to be fired by all (or at least most) of your customers to lose your job. Even if you're employed, get something going on the side. I always feel like this is the worst advice for the general public. Most people have no idea how to just open a successful bus...
by EmergDoc
Tue Jan 26, 2016 6:21 pm
Forum: Personal Consumer Issues
Topic: Selling a car - private party
Replies: 12
Views: 893

Re: Selling a car - private party

Yet another hassle avoided by paying cash for cars.
by EmergDoc
Sun Jan 24, 2016 10:25 am
Forum: Investing - Theory, News & General
Topic: Why don't people like the higher level of real estate allocation in Swensen lazy portfolio?
Replies: 33
Views: 2672

Re: Why don't people like the higher level of real estate allocation in Swensen lazy portfolio?

I don't invest in REITS because I have enough residential real estate exposure as it is. I like the idea of 20% in real estate, but not necessarily 20% in REITs. If you don't want to invest in real estate directly or via syndications and are only doing REITS, I think 20% is too much. How does one p...
by EmergDoc
Sun Jan 24, 2016 10:13 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6613

Re: The Boglehead Way of Employment

Hi Bogleheads, I am trying to assess what your experience and wisdom is on the best way of the employment path during your lifetime. That is, if you had to pass your highest wisdom to a child or grandchild on the employment path, what would it be ? What would you advise in ways of job fulfillment, ...
by EmergDoc
Sun Jan 24, 2016 9:45 am
Forum: Investing - Theory, News & General
Topic: Why don't people like the higher level of real estate allocation in Swensen lazy portfolio?
Replies: 33
Views: 2672

Re: Why don't people like the higher level of real estate allocation in Swensen lazy portfolio?

I like the idea of 20% in real estate, but not necessarily 20% in REITs. If you don't want to invest in real estate directly or via syndications and are only doing REITS, I think 20% is too much.
by EmergDoc
Sun Jan 24, 2016 9:24 am
Forum: Investing - Theory, News & General
Topic: The last 15 years
Replies: 100
Views: 10403

Re: The last 15 years

Best post of the last month. Good job.
by EmergDoc
Sat Jan 23, 2016 2:29 am
Forum: Investing - Theory, News & General
Topic: Why are REITs not providing any benefit in this market?
Replies: 45
Views: 4906

Re: Why are REITs not providing any benefit in this market?

That's it, I'm going to Las Vegas to go climbing. Stock market risk pales in comparison to a high step onto a nubbin 20 feet above a #3 stopper. Hope the rock is dry enough for ya! (seriously, please don't climb on wet sandstone) http://forecast.weather.gov/MapClick.php?lon=-115.43851343882896&...
by EmergDoc
Sat Jan 23, 2016 2:23 am
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 7005

Re: Most anticipated retirement purchase

Nothing. I've got enough stuff. I look forward to TIME. Yeah..that's about where I'm at. Getting rid of some stuff is more likely. Having just arrived at retirement(1/1/16)..I'm finding that figuring out the playing field for the next 10-ish years (until RMD) is a full time job..at least initially....

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