Search found 100 matches

by Kencufc
Sat May 20, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Nothing else to do investment wise!
Replies: 23
Views: 3298

Re: Nothing else to do investment wise!

Ha I love this thread! Simplified life styles are hard for some people because we've been brain washed from early on to stress about everything and remain in a constant state of fear. Not saying you live in fear, OP, I totally understand that after you have eliminated a major concern in your life it...
by Kencufc
Sat May 20, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: have you accepted a lower cost lifestyle to retire early?
Replies: 71
Views: 8734

Re: have you accepted a lower cost lifestyle to retire early?

I'm looking to retire to Lewisburg WV. Check it out if you've never heard. I plan to teach at the medical school part time. Farmers market, two movie theaters, 2 miles from world class river and bass fishing, trout fishin, 45 min from best ski area in mid Atlantic, great restaurants, Greenbrier Reso...
by Kencufc
Sat May 20, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: tesla's valuation
Replies: 15
Views: 1085

Re: tesla's valuation

To answer your question, no.

I think the tesla 3 will be a huge hit though.
by Kencufc
Sat May 20, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?
Replies: 26
Views: 1369

Re: Anyone know what "book" an advisor or insurance salesperson would offer to buy for a prospective client?

I think I got this same pitch when I was in residency! For the life of me I can't remember butthe title was something about the wealthy physician or something like that. In a nutshell, it was about how awesome whole life insurance is and touted the benefits of borrowing your own money and paying som...
by Kencufc
Sat May 20, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Ohio National for disability insurance?
Replies: 12
Views: 574

Re: Ohio National for disability insurance?

I just bought a LTD policy and $2M term life from Ohio National. With the 10% discount, the rates were the lowest of any of the companies I researched. They came highly recommended from the independent agen I used. Thank you so much for the helpful datapoint! Out of curiosity, if you purchased a CO...
by Kencufc
Fri May 19, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ohio National for disability insurance?
Replies: 12
Views: 574

Re: Ohio National for disability insurance?

I just bought a LTD policy and $2M term life from Ohio National. With the 10% discount, the rates were the lowest of any of the companies I researched. They came highly recommended from the independent agen I used.
by Kencufc
Tue May 16, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 613
Views: 86192

Re: High Earners - What's Your Profession?

I'm a hospitalist physician and my wife is a part time nurse practitioner. I'm first year out of residency and will likely make about $300k+ This year with overtime. Without any OT, I would gross about $260k.
by Kencufc
Tue May 16, 2017 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Question on putting 150K long term in VTSAX or leave in foreign stock?
Replies: 1
Views: 235

Re: Question on putting 150K long term in VTSAX or leave in foreign stock?

What exactly is this money invested in? Is it a stock paying dividends? Is there any capital gain or loss foreseen?
Regardless, if this money makes up more than 10% of your net worth, you will want to diversify that holding.
by Kencufc
Fri May 12, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: New with a Question. [Where to save cash to pay taxes?]
Replies: 9
Views: 709

Re: New with a Question. [Where to save cash to pay taxes?]

I personally use Vanguard high yield muni fund or intermediate muni fund to park my tax money. This is of course a risk, but I could cash flow my tax burden if they were to lose value. If you want the lowest amount of risk, a high yield savings account would be most appropriate.
by Kencufc
Thu Apr 13, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside to a HELOC???
Replies: 7
Views: 1010

Re: Any downside to a HELOC???

I used HELOC to refinance a car loan, and will later on use it to refinance student loan debt. With deductions of federal income tax for the interest, the effective interest rate was much lower than the original loans. Once I pay everything off, I will no longer have any use for it. I don't need to ...
by Kencufc
Wed Mar 29, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

The furniture make uses authentic barn wood and old floors and doors etc. did you look at any of the work on his website that I posted? What was your impression? It seems worth pointing out that you seem mostly focused on what people think of the design, or the background history, rather than on wh...
by Kencufc
Tue Mar 28, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Should I drop Full coverage on my car?
Replies: 17
Views: 1211

Re: Should I drop Full coverage on my car?

I always say if you can self insure, you don't need insurance. I feel like you should increase your deductible to $1k.even with depreciation of the car, ypu can wreck it within the next 10-15 years and it will be money well spent. Maybe after 20 years and you wreck it then you can regret having the ...
by Kencufc
Tue Mar 28, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: 401K fund allocation advice
Replies: 5
Views: 573

Re: 401K fund allocation advice

The funds are all good choices. Just stick to the AA and rebalance when the difference N the future nds actual and desired AA is 5% or more. Certainly you want to max out all the tax advantaged accounts that you can. Do you plan to stay on the 25% tax bracket? If you think you will earn more later ...
by Kencufc
Tue Mar 28, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

Does anyone have experience with getting custom reclaimed wood furniture. Yes, I make my own. There is no magic to it. You simply choose to start with wood that has imperfections/character versus flawless boards and you use both to build furniture in the same ways. Note, there is an entirely differ...
by Kencufc
Tue Mar 28, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

Ask about the construction details and what kind of joinery is used. I assume someone with a website is doing proper breadboard ends to the table top and mortise and tenon joints for the legs and apron (edit, just read the second paragraph of the description and he does have these construction elem...
by Kencufc
Tue Mar 28, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

Absolutely beautiful and environmentally friendly approach to furniture. We have much of it, and it is beautiful. The only issue is that since it is produced by a craftsman, it is typically more expensive. We have quite a bit that was produced by prisoners from reclaimed wood more than 75 years ago...
by Kencufc
Tue Mar 28, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

How about salvage from old wooden boats? This craftsmen with whom m working has some wood from an old mansion in town. The lady who built it comes from an old coal family. n the boom days of coal, she imported huge wooden beams from New England ships and used them to build her dream home which was ...
by Kencufc
Tue Mar 28, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

My salvaged wood dining room table has been disappointing. It looked great at first, but the first time it came into contact with anything remotely warm it developed white heat stains. If, for example, I were to get a plate of hot spaghetti and put the plate on a placemat on the table, the table wo...
by Kencufc
Tue Mar 28, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance
Replies: 13
Views: 981

Re: Disability Insurance

I think individual policies are the way to go. Group policies will increase every year. Once your FI, just cancel it. Thanks. Where and how can I shop for disability insurance? The most efficient way is to apply through an independent insurance broker. You can check with individual companies but th...
by Kencufc
Mon Mar 27, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

I have this experience: My MIL died and we got her furniture which her husband had custom made in Hong Kong while visiting a furniture factory. So custom wood furniture and free is my experience. Also whenever I go eat at a nice Chinese restaurant, they have the exact same rosewood table and chairs...
by Kencufc
Mon Mar 27, 2017 8:34 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Re: Salvaged Wood Furniture and Table

daveydoo wrote:
Kencufc wrote:Does anyone have experience with getting custom reclaimed wood furniture.


You mean other than this clever advertisement? :D


Just spreading the love my friend. I have no personal gain here.
by Kencufc
Mon Mar 27, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 111
Views: 11942

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

livesoft wrote:
Kencufc wrote:Is this a standard thing that EJ does? I've never heard of them going door to door.

Definitely, yes. You can google it.


Wow. That's aggressive. Not sure if I want this to happen to me or not want it.
by Kencufc
Mon Mar 27, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance
Replies: 13
Views: 981

Re: Disability Insurance

I think individual policies are the way to go. Group policies will increase every year. Once your FI, just cancel it.
by Kencufc
Mon Mar 27, 2017 7:24 pm
Forum: Personal Consumer Issues
Topic: Salvaged Wood Furniture and Table
Replies: 36
Views: 2631

Salvaged Wood Furniture and Table

We are moving into a new house and need some furniture, specifically a dining room table. I've discovered a local guy who makes beautiful reclaimed wood furniture. He even has some wood from a famous house iof a prominent family that was recently, and sadly, demolished. Im totally into the reclaimed...
by Kencufc
Mon Mar 27, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Sell our house in hot market?
Replies: 14
Views: 1500

Re: Sell our house in hot market?

Sell it man. My house is for sale, we've put about 15k into it over 4 years, I'm hoping I sell it for what I bought it in 2013. I live in LCOL and a buyers market. Luckily, I got a nice upgrade to live in since prices are stagnant here.
by Kencufc
Mon Mar 27, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Expected Taxes Per Paycheck
Replies: 23
Views: 1715

Re: Calculating Expected Taxes Per Paycheck

Talk about a lot of busy work. The software already exists. My employer even has a payment model calculator too.
by Kencufc
Mon Mar 27, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 111
Views: 11942

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

Is this a standard thing that EJ does? I've never heard of them going door to door.
by Kencufc
Mon Mar 27, 2017 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Girlfriend
Replies: 86
Views: 7398

Re: Massive Student Loan Debt - Girlfriend

As a doctor, I see this all the time. Many of my colleagues with no debt married other doctors who had massive debt. Some with debt married others with debt, resulting in even larger debt (one close friend has ~$900k between them). If this is the woman you plan to marry, once you actually get marri...
by Kencufc
Mon Mar 27, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Replace total bond idx with high yield?
Replies: 18
Views: 1286

Re: Replace total bond idx with high yield?

Are you moving your bonds holdings in a tax advantaged account or taxable. Maybe consider a slightly higher yielding municipal fund rather than junk bond. I think there is a little better yield than BND plus the tax free bump.
by Kencufc
Mon Mar 27, 2017 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: 401K fund allocation advice
Replies: 5
Views: 573

Re: 401K fund allocation advice

The funds are all good choices. Just stick to the AA and rebalance when the difference N the future nds actual and desired AA is 5% or more. Certainly you want to max out all the tax advantaged accounts that you can. Do you plan to stay on the 25% tax bracket? If you think you will earn more later o...
by Kencufc
Sun Mar 26, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Help With Asset Allocation
Replies: 7
Views: 419

Re: Help With Asset Allocation

I'm 32 as well. I started investing in 2008 and everything has been a great ride up and up to this point. I love watching my portfolio go up week after week. I'm not trying to time the market, but I know it's just a matter of time before things go down. I feel that many investors our age have some r...
by Kencufc
Sun Mar 26, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Help with Bond AA in Taxable
Replies: 4
Views: 433

Re: Help with Bond AA in Taxable

Would the Vanguard balanced fund (60/40 stock to bond) be more useful in this situation, or is that too overweight in stocks for your parent? In the 15% tax bracket, I'm not seeing the benefit to hold so much munis. Vanguard's intermediate term tax exempt fund might be a good option to protect from ...
by Kencufc
Sat Mar 25, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Too much Large Cap?
Replies: 15
Views: 1030

Re: Too much Large Cap?

I think you can choose one or the other. Look at the top 10 holdings for vtsax and the sp 500. They are the same. So yes, you have some redundancy. I agree with the posters that vtsax gives a bit more diversification in the long run with the mid and small caps.
by Kencufc
Sat Mar 25, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: New SUV, $50G, Pilot/Highlander/Other
Replies: 146
Views: 19752

Re: New SUV, $50G, Pilot/Highlander/Other

My vote goes for the Acura MDX. Get 3 year old vehicle. They depreciate quickly in the first couple years just like any higher end car. A little more expense in upkeep and gas, but mine is 2011, 70k miles, much more comfortable than my pilot. Great for trips.
by Kencufc
Sat Mar 25, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: Advice for Used Car Buying
Replies: 26
Views: 2132

Re: Advice for Used Car Buying

In my experience, the best time to buy a car is when you don't need one! Then there is no pressure on you, and walking away is easy. Don't shy away from Craigslist or private sellers unless that's just not your thing. Check out the 3 row Mitsubishi Outlander, it is pretty inexpensive and has gotten ...
by Kencufc
Fri Mar 24, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Splurge Budget
Replies: 10
Views: 1288

Re: Splurge Budget

I'm a huge believer in household budgets.

If you meet you financial goals, why not do a little livin'!
by Kencufc
Fri Mar 24, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund...Savings, Money Market, or CD?
Replies: 22
Views: 2639

Re: Emergency Fund...Savings, Money Market, or CD?

I don't know what tax bracket you are in but I keep a portion of my emergency fund in intermediate term municipal bond funds. We are in t high bracket and its value is relatively stable. I keep at least $5k on hand just in a savings that is immediately accessible.
by Kencufc
Thu Mar 16, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking advice (like everyone else)
Replies: 3
Views: 481

Re: Seeking advice (like everyone else)

First off, you need to answer some life questions...how long do you plan to work, do you enjoy work and just want to taper off or stop altogether? Your net question is what asset allocation do you want? Generally speaking, your age in bonds, but it also depends on your ability to stomach a huge loss...
by Kencufc
Thu Mar 16, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs. all-in-one fund
Replies: 37
Views: 4583

Re: 3 fund portfolio vs. all-in-one fund

I don't find it to be t much of a hassle to keep my asset allocation across several accounts. certianly, keep your bond fund as much in you tax advantaged accounts as possible. Keep the tax efficient total stock funds and international stock funds in the taxable accounts. since you're in a high tax ...
by Kencufc
Wed Mar 15, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Docs/Surgeons/ARNPs
Replies: 23
Views: 2961

Re: Question for Docs/Surgeons/ARNPs

I am a hospitalist in a large hospital employed group. Our starting APPs (advanced practice providers) start out at aroun 70-80k working 7a-7p and 7 days on 7 days off. The ones who work 40 hour weeks M-F make closer to 90k. Unpaid call is a major downside to me. Especially for an ortho practice, wh...
by Kencufc
Wed Mar 15, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: BND Jumps 0.5% on Fed Announcement
Replies: 43
Views: 4376

Re: BND Jumps 0.5% on Fed Announcement

This could also be a short squeeze on BND as a lot of speculators were expecting a rate increase and a huge drop in price. Now they are covering their positions.
by Kencufc
Tue Mar 14, 2017 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: My Lehman Brothers windfall!!!
Replies: 22
Views: 4200

Re: My Lehman Brothers windfall!!!

You can probably sell the check for more than that $14 on eBay!

My dad is an accountant. He found an Enron mug on eBay and drank coffee out of it everyday at work.
by Kencufc
Tue Mar 14, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Checkup
Replies: 16
Views: 2292

Re: Financial Checkup

You've got some pretty decent assets. You're on your way. Do you need 60k in cash? You could payoff the student loans tomorrow. Most people recommend 3-6 months of liquid emergency fund. Some prefer more.
by Kencufc
Tue Feb 28, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Trip to Savannah GA
Replies: 33
Views: 2351

Re: Trip to Savannah GA

My wife and I love savannah! I had my bachelor party there. We stay d at the Westin once which was nice but I like to stay on the main side of the river.

Try B.Mathews for brunch, Vic's on the River is good for dinner or lunch, and the Old Pink House isn't the best but it is a classic.
by Kencufc
Tue Feb 28, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Household budget
Replies: 28
Views: 3157

Re: Household budget

I don't know how everyone else handles it, but when I budget I do it after taxes and after pre-tax retirement contributions. This not only makes it simpler in terms of calculation, but when looking at expenses, what really matters is the money in your pocket and were it goes, not how much your gros...
by Kencufc
Fri Feb 24, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Am I making the right decisions? Newbie
Replies: 3
Views: 523

Re: Am I making the right decisions? Newbie

How much do you like that car? The easy answer is to sell it. There are lots of nice family cars in that price range.

Your savings seem right on track though.
by Kencufc
Fri Feb 24, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Retirement vs Down Payment
Replies: 32
Views: 2585

Re: Retirement vs Down Payment

That's one of the best benefits packages I've ever seen! You are still young and early in your career, I can see you getting some bumps in pay over time. Still, that much house seems like a stretch. Don't forget, along with the house comes LOTS of unforeseen expenses as well as furniture, bills, rep...
by Kencufc
Sun Feb 19, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: 1.3 million dollars in debt
Replies: 36
Views: 8513

Re: 1.3 million dollars in debt

I would definitely refinance the student loan debt. Any of the new private companies (DRB, SoFi, Earnest) will give you a good rate, fixed or variable, with your income. You will be able to pay this down quickly. Max out all tax advantaged space, 401k, HSA, Backdoor Roth, then pay off debt. I think ...
by Kencufc
Sun Feb 19, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy more insurance?
Replies: 2
Views: 466

Should I buy more insurance?

I'm 32, married, one child 17 months. Wife brings in $40k, I expect about $275k for 2017. Our expenses just jumped as we plan to buy a new house. Monthly expenses run about $8k and will go up to about $9k with the new house. In emergency mode, we could slash expenses to about $6-7k per month. Curren...
by Kencufc
Wed Feb 01, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Rush to pay off 0% Auto Loan?
Replies: 44
Views: 5004

Re: Rush to pay off 0% Auto Loan?

If a car company will give you 0% financing on a vehicle, or any other good for that matter, the interest that would be paid has been "baked" in to the purchase price. At this point though, the decision has been made. Unless you want to factor in the depreciation of the vehicle, just ride ...

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