Search found 790 matches

by Gemini
Fri Dec 02, 2016 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking/Understanding/Building factor portfolio with TIAA Funds
Replies: 2
Views: 87

Re: Tracking/Understanding/Building factor portfolio with TIAA Funds

Any style box analysis, list of holdings, or anything like that? I don't think any of the index funds would meaningfully have exposure to much of anything but market, size, and value, just in amounts you might have to estimate. The three last stock funds are some share class of Vanguard Selected Va...
by Gemini
Fri Dec 02, 2016 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking/Understanding/Building factor portfolio with TIAA Funds
Replies: 2
Views: 87

Tracking/Understanding/Building factor portfolio with TIAA Funds

A large part of our retirement side of the portfolio is with TIAA. TIAA has some unique funds that do not have ticker symbols and they appear to be house blends. I am trying to figure out which "factors" if any are present within these. Trying to build a "factor" portfolio as per...
by Gemini
Thu Dec 01, 2016 12:22 pm
Forum: Personal Consumer Issues
Topic: Best vendor to purchase the latest Apple Macbook Pro?
Replies: 17
Views: 1611

Re: Best vendor to purchase the latest Apple Macbook Pro?

Don't think spouse will go for the smaller screen. 15" inch it has to be. Also in the market for a Macbook as well for another family member. Again, this will be for use when traveling and lightweight, portability is the key factor in deciding Macbook vs Macbook Air. This will be again for regu...
by Gemini
Thu Dec 01, 2016 9:57 am
Forum: Personal Consumer Issues
Topic: Best vendor to purchase the latest Apple Macbook Pro?
Replies: 17
Views: 1611

Re: Best vendor to purchase the latest Apple Macbook Pro?

Appreciate the input. I will likely opt for a cheaper machine. Should I still go for the highest processor, RAM and video card? Which one would have the least impact on machine performance for regular use? I am thinking keeping the processor and RAM and dropping the video card as well as the storage...
by Gemini
Mon Nov 28, 2016 5:07 pm
Forum: Personal Consumer Issues
Topic: Gas range and refrigerator suggestions?
Replies: 13
Views: 783

Re: Gas range and refrigerator suggestions?

How does it work when you buy a gas range? DO they come and hook it up?

Also, any idea if worth it to purchase the extended service plans?
by Gemini
Mon Nov 28, 2016 11:20 am
Forum: Personal Consumer Issues
Topic: Gas range and refrigerator suggestions?
Replies: 13
Views: 783

Re: Gas range and refrigerator suggestions?

Church Lady wrote:Check out Consumer Reports, either library or online, for reliability ratings. Some quibble with the validity of CR reliability ratings, but it's better than nothing.

Good luck!


I tried online, but don't have a login
by Gemini
Mon Nov 28, 2016 10:32 am
Forum: Personal Consumer Issues
Topic: Gas range and refrigerator suggestions?
Replies: 13
Views: 783

Re: Gas range and refrigerator suggestions?

I would have bought one rather like the Samsung. However, my old Jenn-air had a non-typical install. Ended up fixing it, even though old and not a very satisfactory unit. I do strongly recommend a convection oven (which the Samsung has). This opens up many cooking options that will be appreciated b...
by Gemini
Mon Nov 28, 2016 10:08 am
Forum: Personal Consumer Issues
Topic: Gas range and refrigerator suggestions?
Replies: 13
Views: 783

Gas range and refrigerator suggestions?

Parents are looking for new appliances. They currently have an old gas range and a fridge. Budget is about 1K for range and about 1.5K or so for the fridge. They cook quite a bit and don't want anything electric. Fridge is an issue as they have limited space, only 65.5inch height. They came across t...
by Gemini
Sun Nov 27, 2016 9:03 pm
Forum: Personal Consumer Issues
Topic: Best vendor to purchase the latest Apple Macbook Pro?
Replies: 17
Views: 1611

Re: Best vendor to purchase the latest Apple Macbook Pro?

I always recommend Apple Insider's price guide. They list all the different Apple models with prices at several retailers: http://prices.appleinsider.com/15-macbook-pro-with-touch-bar-late-2016 You've chosen a VERY expensive machine. Are you sure that such a high-spec machine is required? A machine...
by Gemini
Sun Nov 27, 2016 11:22 am
Forum: Personal Consumer Issues
Topic: Best vendor to purchase the latest Apple Macbook Pro?
Replies: 17
Views: 1611

Best vendor to purchase the latest Apple Macbook Pro?

I am in the market for the latest Macbook Pro to be given as a gift. 15inch Pro Hardware Touch Bar and Touch ID 2.9GHz quad-core Intel Core i7 processor, Turbo Boost up to 3.8GHz 16GB 2133MHz memory 1TB PCIe-based SSD Radeon Pro 460 with 4GB memory Four Thunderbolt 3 ports Force Touch trackpad Acces...
by Gemini
Sat Nov 26, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

What kind of information is needed? I can ask for more info if it will lead to a clearer path. As suggested by Grabiner, the only way to answer the question of tIRA or Roth IRA in this situation is to actually mock do tax returns to see how everything interacts. You are not going to get a reliable ...
by Gemini
Sat Nov 26, 2016 12:12 am
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

In order to qualify for ACA, a person needs to generate the right amount of income. And. that impact the decision of contribution to Trad. 401K. KlangFool Right. ACA subsidy throws a wrench into things. You don't want to lose a 10K premium subsidy because the 13K TIRA deduction dropped the AGI too ...
by Gemini
Sat Nov 26, 2016 12:09 am
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

To clarify, you are suggesting leaving the Roth accounts (about 50k each) as is for now and, moving forward, open a tIRA at Vanguard and start maximizing each year? No. I'm saying I don't think there is enough information to decide which is best. But even if they want to use tIRA in the future, why...
by Gemini
Fri Nov 25, 2016 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

To clarify, you are suggesting leaving the Roth accounts (about 50k each) as is for now and, moving forward, open a tIRA at Vanguard and start maximizing each year? No. I'm saying I don't think there is enough information to decide which is best. But even if they want to use tIRA in the future, why...
by Gemini
Fri Nov 25, 2016 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

Thank all. Looks like traditional is the way to go. For 2016 contributions that have already been made to the Roth accounts at Vanguard, is there a way to now change them to traditional? Just curious if this can be done. I'm not sure there is enough information to know if traditional or Roth is the...
by Gemini
Fri Nov 25, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

Thank all. Looks like traditional is the way to go.

For 2016 contributions that have already been made to the Roth accounts at Vanguard, is there a way to now change them to traditional? Just curious if this can be done.
by Gemini
Fri Nov 25, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

For 2016, they made the maximum Roth contributions. In regards, to their projected retirement income, they will have social security (not sure how much each, but their income has been pretty steady at this rate for quite some time so their contributions should be about the same yearly), their curren...
by Gemini
Thu Nov 24, 2016 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

Re: low income/low tax bracket - tIRA or roth ira?

With income under 30K, they are likely to be 10% bracket. For Married Filing Jointly, Standard deduction is 12,600 and each exemption is 4050. If their AGI is 30K, their Taxable Income would be 30000 - 12600 - 8100 = 9300 which is in the middle of the 10% tax bracket. At 30K AGI, they can get 10% t...
by Gemini
Thu Nov 24, 2016 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: low income/low tax bracket - tIRA or roth ira?
Replies: 35
Views: 1932

low income/low tax bracket - tIRA or roth ira?

Friends asked for advice and I wanted some input. Husband & wife late 50s - current combined income less than 30K - I am guessing 15% tax bracket. No significant retirement savings - maybe like 50K. What makes most sense in this situation to max out- traditional IRA or roth IRA? Edit - to clarif...
by Gemini
Tue Nov 22, 2016 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Okay to keep over 250K cash in one savings acount?
Replies: 19
Views: 2726

Re: Okay to keep over 250K cash in one savings acount?

Above clarifies with joint owners limit is 500K as per FDIC - correct?
by Gemini
Tue Nov 22, 2016 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Okay to keep over 250K cash in one savings acount?
Replies: 19
Views: 2726

Re: Okay to keep over 250K cash in one savings acount?

qwertyjazz wrote:Why take any risk? Banks going insolvent is really rare. But it is very easy to open an account in another bank.


True is there another that give 1% back like Ally?
by Gemini
Tue Nov 22, 2016 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Okay to keep over 250K cash in one savings acount?
Replies: 19
Views: 2726

Okay to keep over 250K cash in one savings acount?

The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Does this statement mean if the account is a joint account, i.e. husband/wife, the limit is 500k? Is it okay to keep savings over 250K cash in one account i.e. Ally Bank? If not, w...
by Gemini
Mon Nov 14, 2016 9:14 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's New Book is Available Now!
Replies: 129
Views: 12608

Re: Larry Swedroe's New Book is Available Now!

Are there TIAA funds recommended in this book?
by Gemini
Thu Nov 10, 2016 9:01 pm
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

Raymond wrote:OP, perhaps I missed it in this thread - did you have a attorney specializing in contract law (particularly physician contracts) review the partnership agreement/contract beforehand?


Yes - the schedule was never mentioned in any of the contracts
by Gemini
Thu Nov 10, 2016 5:51 pm
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

So do you guys suggest I bring this up now or wait till there is another event like childbirth that I can use in my favor?
by Gemini
Thu Nov 10, 2016 10:06 am
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

Just looked over the partner contract again : for without Cause, the board of directors must approve the termination and the notice must be signed by two-thirds (2/3’s). And then it lists other with cause possible terminations. There is nothing stated in the partner contract or any contract about wo...
by Gemini
Wed Nov 09, 2016 5:42 pm
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

samsmith wrote:what specialty? And how is your compensation calculated? Specifically, if you take more call (and presumably do more work) do you get paid more, based on the partner contract formula?


No - the pie is split i.e. I don't work more and make more.
by Gemini
Wed Nov 09, 2016 2:51 pm
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

So it sounds like there is no such thing as junior partner. Are you on equal footing legally and (as you say) contractually? If so, I would think that you could set your hours to match all other partners. If the "senior" partners don't like it, what recourse do they have? Perhaps have a l...
by Gemini
Wed Nov 09, 2016 1:19 pm
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

BolderBoy wrote:
Gemini wrote:I recently became partner in a medical practice. It was a fight to land partnership, but it finally happened.

Was it explicitly discussed that you'd be brought in as an 'equal' partner?


Yes. I am an equal partner. I have the same stockholder agreement as everyone else.
by Gemini
Wed Nov 09, 2016 12:46 pm
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

Sounds like your senior partners will ride you for as long as they can (and for as long as you can tolerate). It sounds like you've had enough of their dismissive behavior, and they only gave in and allowed you to become partner because you pestered them until you got what you wanted. This trend wi...
by Gemini
Wed Nov 09, 2016 11:16 am
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

mac808 wrote:How long until one of the older partners retires? Can you ''wait it out'' or is the time horizon too far out?


A few years I guess, maybe 5, but who knows? But should this be my plan. Just wait for 5 years and "hope"?
by Gemini
Wed Nov 09, 2016 11:15 am
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

Sharing of the workload, the call load, and the cash load are the only reasons for a physician partnership. If you didn't attend to those issues, whose fault is that? Well the cash load is spelled out. The workload and the call load are not explicitly stated. For all intents and means, I was under ...
by Gemini
Wed Nov 09, 2016 11:02 am
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Re: Medical practice partnership - schedule issues - advice needed

Your work schedule should have been brought up during negotiations for becoming partner and not after. Now that it is after the fact, your only plays are to accept it or secure a new job elsewhere and use that as a bargaining chip. The partnership contract or any contract has no mention of the work...
by Gemini
Wed Nov 09, 2016 10:29 am
Forum: Personal Consumer Issues
Topic: Medical practice partnership - schedule issues - advice needed
Replies: 41
Views: 2467

Medical practice partnership - schedule issues - advice needed

I recently became partner in a medical practice. It was a fight to land partnership, but it finally happened. Although I am a partner, my income is still x% less than the senior partners and I work my way in a couple of years to get the full distributed income. This is a big medical practice, with m...
by Gemini
Tue Nov 01, 2016 2:14 pm
Forum: Personal Consumer Issues
Topic: How much home can/should one buy?
Replies: 144
Views: 8505

How much home can/should one buy?

What is a Boglehead strategy in terms of first home purchase? How does one figure out how much home can be afforded?

I am in a VHCOL area and I am struggling to figure this out. Homes in this area are in the 1 mil range and that is insane!
by Gemini
Fri Oct 28, 2016 8:03 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's New Book is Available Now!
Replies: 129
Views: 12608

Re: Larry Swedroe's New Book is Available Now!

Does this book layout EXACTLY what funds to invest in when building a factor portfolio? Also, does one need DFA access or other such brokerage access to build such a portfolio?
by Gemini
Sun Oct 23, 2016 8:58 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's latest market returns forecast
Replies: 380
Views: 28152

Re: Larry Swedroe's latest market returns forecast

Larry thanks for your insight. I learn a lot from reading your posts, even though some concepts I have to re-read a few times! for someone with a 25 year horizon (assuming 80/20 or 90/10 split), given this forecast, how much would you suggest allocating to an international fund and how long to hold ...
by Gemini
Fri Oct 14, 2016 11:10 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 40
Views: 6085

Re: USAA 2.5% Cash Back Credit Card

So I can pay my final tax bill for 2016 with a credit card at pay1040.com and then deduct the 1.87% fee they charge as a business expense? Does that sound right?
by Gemini
Wed Oct 12, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implication: Reducing W2 income to increase 1099 income
Replies: 10
Views: 833

Re: Tax implication: Reducing W2 income to increase 1099 income

The bigger concern I would have if I were you is if they truly will pay you for the same job as a mix of w2 and 1099 are you really an independent contractor at all? A lot of people seem to think this is up to the person & employer when it's really not.... The IRS has guidelines for when you ar...
by Gemini
Tue Oct 11, 2016 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Tax implication: Reducing W2 income to increase 1099 income
Replies: 10
Views: 833

Re: Tax implication: Reducing W2 income to increase 1099 income

I realize the same employer cannot pay an employee as W2 AND 1099. However, if the employee now has a corporation , the employer can pay that corporate entity as 1099. Does this also apply if the employee has a disregarded entity such as LLC setup as a sole proprietor?
by Gemini
Mon Oct 10, 2016 9:31 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 894
Views: 101204

Re: What's Your Credit Card Rewards Strategy?

Amex BlueCash Preferred 6% back on groceries ($6k limit), 3% at dept stores, 1% on everything else $75 annual fee Used for groceries only except for the first grocery trip of the month Sallie Mae Barclaycard (Discontinued) 5% back on gas ($250 max/month), 5% back on books (including Amazon.com for ...
by Gemini
Fri Oct 07, 2016 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implication: Reducing W2 income to increase 1099 income
Replies: 10
Views: 833

Re: Tax implication: Reducing W2 income to increase 1099 income

The bigger concern I would have if I were you is if they truly will pay you for the same job as a mix of w2 and 1099 are you really an independent contractor at all? A lot of people seem to think this is up to the person & employer when it's really not.... The IRS has guidelines for when you ar...
by Gemini
Fri Oct 07, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implication: Reducing W2 income to increase 1099 income
Replies: 10
Views: 833

Re: Tax implication: Reducing W2 income to increase 1099 income

What income level and marginal rates are you talking about here? Would the 1099 pay rate be higher than the W2 pay rate? Do you have a 401k with the employer that you contribute from your w2 wages to? Highest marginal rates. Pay rate is same. Yes - have 401K with employer. To clarify: assume I make...
by Gemini
Fri Oct 07, 2016 10:25 am
Forum: Personal Finance (Not Investing)
Topic: How to convince Board to move retirement fund to Vanguard/Fido etc?
Replies: 10
Views: 830

Re: How to convince Board to move retirement fund to Vanguard/Fido etc?

I'm not a lawyer but on its face it looks like the Board of this company (ie, you!) have a HUGE fiduciary target painted on your collective back. Many if not most companies do not try to micromanage their retirement plans to such a degree. That issue alone would want me to find a way to offload the...
by Gemini
Fri Oct 07, 2016 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Tax implication: Reducing W2 income to increase 1099 income
Replies: 10
Views: 833

Re: Tax implication: Reducing W2 income to increase 1099 income

Each situation is different, but generally: W2: Taxes withheld, employer pays 1/2 of self-employment tax, limited deductions, 401K depends on employer 1099: Estimated quarterly taxes, you pay full self-employment tax, opportunity for certain deductions (depending on type of business), opportunity f...
by Gemini
Fri Oct 07, 2016 9:59 am
Forum: Personal Finance (Not Investing)
Topic: How to convince Board to move retirement fund to Vanguard/Fido etc?
Replies: 10
Views: 830

Re: How to convince Board to move retirement fund to Vanguard/Fido etc?

It is a defined contribution plan with a profit-sharing component and 401k feature. We have a Recordkeeper as well as Investment Advisory firm.
by Gemini
Fri Oct 07, 2016 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Tax implication: Reducing W2 income to increase 1099 income
Replies: 10
Views: 833

Tax implication: Reducing W2 income to increase 1099 income

I am in a unique situation where I can take some reduction in my W2 income and possibly have that income come as a 1099 contractor. What are pros and cons if I decide to pursue this route, assuming it passes the IRS test? Pros (increase 1099, decrease W2) me: max out solo 401K, save on W2 payroll ta...
by Gemini
Wed Oct 05, 2016 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: How to convince Board to move retirement fund to Vanguard/Fido etc?
Replies: 10
Views: 830

Re: How to convince Board to move retirement fund to Vanguard/Fido etc?

I am part of the Board for a company which currently holds its retirement account portfolio with, from what I understand, a typical management company. From my current understanding, it appears this management company charges 1% AUM for the first million and then, I think, 0.5% AUM for additional m...
by Gemini
Tue Oct 04, 2016 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: How to convince Board to move retirement fund to Vanguard/Fido etc?
Replies: 10
Views: 830

How to convince Board to move retirement fund to Vanguard/Fido etc?

I am part of the Board for a company which currently holds its retirement account portfolio with, from what I understand, a typical management company. From my current understanding, it appears this management company charges 1% AUM for the first million and then, I think, 0.5% AUM for additional mi...

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