Search found 409 matches

by StormShadow
Fri May 27, 2016 2:18 pm
Forum: Personal Consumer Issues
Topic: Do I want a house with a pool?
Replies: 57
Views: 2786

Re: Do I want a house with a pool?

JonnyDVM wrote:Additionally, we have a 9 month old.

Don't get a pool.
by StormShadow
Thu May 26, 2016 10:53 pm
Forum: Investing - Theory, News & General
Topic: What was your first investment?
Replies: 94
Views: 2999

Re: What was your first investment?

After reading up on stocks and mutual funds at the library... I started buying shares of Janus Worldwide managed by then rising star Helen Young Hayes. I was in college using money from a part time tutoring gig. She left a few years later. Worldwide tanked like everyone else during the dot-com bubbl...
by StormShadow
Wed May 25, 2016 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Which mortgage loan interest to pursue?
Replies: 15
Views: 944

Re: Which mortgage loan interest to pursue?

Thanks everybody! ....3.375% interest rate, with 20% downpayment... That would be my plan and I would suspend or drastically reduce any savings that use after tax money (such as a Roth) and secondarily any 401, 457, IRA's until the emergency fund is rebuilt. I would go with the 20% down and lowest r...
by StormShadow
Wed May 25, 2016 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Which mortgage loan interest to pursue?
Replies: 15
Views: 944

Re: Which mortgage loan interest to pursue?

Btw, can we deduct real estate taxes from federal/state income tax? Yes. Although in your bracket the mortgage interest deduction is probably phased out. Actually, after playing with Taxcaster I may have been mistaken. I'll let someone else more knowledgeable take this one. Edit: looks like propert...
by StormShadow
Tue May 24, 2016 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Which mortgage loan interest to pursue?
Replies: 15
Views: 944

Re: Which mortgage loan interest to pursue?

Thanks for the quick replies! ... 1) Any near term cash expenditures likely? 2) Likelihood of "bad event"? 3) Planning on paying down mortgage faster? 4) Is it worth $1.5-$3K a year for the next 30 years for the added security of having cash on hand up front? 5) How long would it take you ...
by StormShadow
Tue May 24, 2016 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Which mortgage loan interest to pursue?
Replies: 15
Views: 944

Which mortgage loan interest to pursue?

So, DW and I have found a house that we want to buy. Purchase price is $780k. We are locked in with a bank at 3.375% interest rate, with 20% downpayment (which is about $156k; borrowing $624k). As a physician, I'm eligible for a doctor's loans with only 5% down with a 3.75% interest rate or 10% down...
by StormShadow
Fri May 20, 2016 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions /Advice for a fresh college graduate
Replies: 33
Views: 2372

Re: Suggestions /Advice for a fresh college graduate

We cringe when ever we hear/read about future prospects of a high school graduate, which I think he technically is at present unless he passes Spanish & gets the college BS diploma. ... So, yes he is out of home right after college but with an average/ below average start, still has to take &am...
by StormShadow
Fri May 20, 2016 8:39 am
Forum: Investing - Help with Personal Investments
Topic: New Physician Looking for Advice
Replies: 18
Views: 2129

Re: New Physician Looking for Advice

As a practicing physician, I think you are ignoring the elephant in the room... which is your student loans. I'd focus on this and make sure it doesn't spiral out of control. Obama has proposed capping PSLF benefits to $57.5k. Republicans have countered by trying to eliminate PSLF altogether. Read t...
by StormShadow
Sun May 08, 2016 10:33 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1623
Views: 339323

Re: What Movie Have You Recently Watched?

Star Wars The Force Awakens.

"Meh" = my review.
by StormShadow
Sun May 08, 2016 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: What advice (about anything) would you give your 30-35 year old self?
Replies: 29
Views: 3298

Re: What advice (about anything) would you give your 30-35 year old self?

Buy the Rolex. Other than that, not much else.

Change this to my 20-25 year old self (or younger), I'd have a ton of advice... mostly along the lines of "hit the books just a little bit harder".
by StormShadow
Fri May 06, 2016 7:13 pm
Forum: Personal Consumer Issues
Topic: Who else hates choosing a car?
Replies: 144
Views: 17941

Re: Who else hates choosing a car?

Car shopping is fun for me. I test drove everything, which was a blast. I picked out a few models I liked the best, made a pro/con list for each, then picked the car that had the most pro's versus con's. Absolutely no regrets with my car choice.

House shopping... not so much fun.
by StormShadow
Mon May 02, 2016 8:02 pm
Forum: Investing - Theory, News & General
Topic: 2016 hedge fund contest
Replies: 142
Views: 8163

Re: 2016 hedge fund contest

Hi Norbert! Can you adjust my UA (Under Armour) to reflex the stock split on April 8, 2016?

My UA stock purchase on Jan 4, 2016 at 79.66 should therefore be changed to half of that at 39.83, correct?

Thanks! :mrgreen:
by StormShadow
Sun Apr 24, 2016 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: 27 yo looking at opening first investment account
Replies: 8
Views: 851

Re: 27 yo looking at opening first investment account

Welcome to bogleheads! With a high income, tax efficiency should be a priority. You should max out your 401k. Does your employer also offer a 457? HSA? Bond funds and REITs are not tax efficient, ideally they should be allocated to tax-deferred instruments (e.g. 401k, IRA). With regard to specifics ...
by StormShadow
Sun Apr 24, 2016 5:55 pm
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 8003

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

My advice for the OP, don't invest in stocks.

Stick with what you are comfortable with: bonds, CD's, savings... whatever. Live frugally with peace of mind.

Some people are risk averse, and there is nothing wrong with that.
by StormShadow
Tue Apr 12, 2016 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: CPA pricing and physical location
Replies: 41
Views: 2464

Re: CPA pricing and physical location

The cheapest route is todo it on your own with Turbotax or H&R block online. I usually try this first. You could go to a brick 'n mortar H&R Block shop and I suspect they'd estimate around that $650 number, maybe more, maybe less. When I used one a few years ago, I had just gotten married an...
by StormShadow
Fri Apr 08, 2016 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 1982

Re: 19 year old looking for guidance and advice

Also, the advice about an IRA is good, but you need $1000 to open the minimum fund at Vanguard and then it's basically gone, you can't use it if you need it (car breaks down, etc), so I'd hold off on that. (Later, when you do have a Roth IRA you can withdraw your contributions without penalty, but ...
by StormShadow
Thu Apr 07, 2016 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 1982

Re: 19 year old looking for guidance and advice

Also, the advice about an IRA is good, but you need $1000 to open the minimum fund at Vanguard and then it's basically gone, you can't use it if you need it (car breaks down, etc), so I'd hold off on that. (Later, when you do have a Roth IRA you can withdraw your contributions without penalty, but ...
by StormShadow
Thu Apr 07, 2016 5:28 pm
Forum: Investing - Theory, News & General
Topic: Does anyone invest in websites?
Replies: 38
Views: 3171

Re: Does anyone invest in websites?

Lower end website investments (worth less than $20,000) are typically priced in terms of monthly revenues. A typical purchase price is 10 to 20 months worth of revenues making them a high cashflow investment. There is no free lunch and with websites there are risks from industry disruption, search ...
by StormShadow
Wed Apr 06, 2016 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 1982

Re: 19 year old looking for guidance and advice

My advice: Definitely consider contributing to a Roth IRA, if you can afford to do so. I suggest using the three fund portfolio if you want to learn what investments to choose from. Simple, but effective. Invest in your education. I think community college is a great way to build up credit while als...
by StormShadow
Tue Apr 05, 2016 3:53 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 13790

Re: Are Bogleheads too conservative?

Are Bogleheads too conservative? My observation: Bogleheads are concerned with making and keeping the most amount of money they can. Bogleheads believe that there is overwhelming evidence that investing through low cost broadly diversified index mutual funds is the best way to do it. Just my observ...
by StormShadow
Tue Apr 05, 2016 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Very New to This - New Roth IRA
Replies: 10
Views: 934

Re: Very New to This - New Roth IRA

Probably doesn't make much of a difference when you start off. When I started, I just bought the investor shares to diversify the portfolio how I wanted. As the investments grew (through earnings and future contributions), they all switched over to admiral shares automatically. Unfortunately, the li...
by StormShadow
Sun Apr 03, 2016 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on investing a lump sum
Replies: 5
Views: 687

Re: Advice on investing a lump sum

I recently received a lump sum distribution, regular income for 2016, of about $150K. I would like to invest it, but am cautious/anxious given the US market's current high level . You're problem is here. The way I view it, the market is what it is. Its neither high nor low. (Or if it is high or low...
by StormShadow
Sun Apr 03, 2016 4:38 pm
Forum: Personal Consumer Issues
Topic: Buy or pass on buying this first house?
Replies: 31
Views: 3441

Re: Buy or pass on buying this first house?

So, an update. I've pretty much decided to abandon this house. I visited the place again, and discovered that the creek eventually bends towards the house (as close as 10 ft away), getting deeper (probably a 5-6 foot drop) and wider (~6 feet) the closer it gets to the house. Makes me wonder if the h...
by StormShadow
Fri Apr 01, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: Buy or pass on buying this first house?
Replies: 31
Views: 3441

Re: Buy or pass on buying this first house?

Thanks for the great feedback! DW is having reservations on the place. Her concerns are mostly the possibility of flooding (though the place has been around since 2001 and no issues with that so far) and the busy traffic making it scary to let our girl run outside. I'd be up for building a fence. Ma...
by StormShadow
Thu Mar 31, 2016 4:33 pm
Forum: Personal Consumer Issues
Topic: Buy or pass on buying this first house?
Replies: 31
Views: 3441

Buy or pass on buying this first house?

So, DW and I are shopping for our first house. Live in the Philly area, and currently renting an apartment at $1,600 per month. Since having our first child, now a 1.5 yr old toddler, we are thinking of taking the plunge and buying our first home. We found an absolutely beautiful house (new-ish, bui...
by StormShadow
Fri Mar 25, 2016 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Best & Worst Financial Decisions?
Replies: 92
Views: 8528

Re: Best & Worst Financial Decisions?

Best: Contributing to a Roth IRA early in my career. Discovering Vanguard/bogleheads.

Worst: Procrastination (school, investing, you name it).
by StormShadow
Fri Mar 25, 2016 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help on Starting a ROTH IRA.
Replies: 19
Views: 1181

Re: Need Help on Starting a ROTH IRA.

Unfortunately, I am unable to max it out for the deadline on 4/18/16. However, I have made a commitment to start maxing it from 2016 onwards. I guess from all the threads that I've read from this website, it seems like I will be going for the Vanguard Retirement 2050 (VFIFX). Just make sure you hav...
by StormShadow
Thu Mar 24, 2016 8:56 am
Forum: Investing - Theory, News & General
Topic: Financial Morality
Replies: 23
Views: 1881

Re: Financial Morality

****************Delete if not appropriate or fights start******************* This is not about "Sin" stocks, we have had those conversations before. I'm curious if anyone else consider the moral correctness of the investments they participate in. There can be a wide gulf between "leg...
by StormShadow
Tue Mar 15, 2016 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Index 500 "good enough?"
Replies: 15
Views: 1925

Re: Vanguard Index 500 "good enough?"

mc2 wrote:Vanguard Index 500 "good enough?"

"yes"
by StormShadow
Mon Mar 14, 2016 11:36 am
Forum: Investing - Help with Personal Investments
Topic: How do I or should I start my own fund ?
Replies: 45
Views: 3679

Re: How do I or should I start my own fund ?

My two suggestions (from a layman's perspective): 1. Consider being a financial advisor. You can get paid through either by the hour, by the session or as a percentage of AUM that you manage. Most advisors seem to prefer the latter. 2. Get a job working for a mutual fund. My observation is that many...
by StormShadow
Fri Mar 11, 2016 2:15 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1616

Re: Bar/Bat Mitzvah gift question

Update: upon wife's insistence, we gave $180 plus a small gift worth about $25.

Good thing too, the party ended up being quite a bit more elaborate than my friend led me to believe. Included DJ, photo booth and an open bar. The restaurant was really nice.
by StormShadow
Fri Mar 11, 2016 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: H&R block taxes
Replies: 22
Views: 2255

Re: H&R block taxes

So, I went two days ago to test out the H&R service for my taxes. Filing jointly. 2 state tax forms. 3x1099D. Total bill $650. :annoyed Is this normal? I used a brick and mortar H&R the year I got married. I tried to do it with just software, but the program instructed us to visit the site....
by StormShadow
Sun Mar 06, 2016 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pregnancy as an exclusion with insurance.... doh!
Replies: 11
Views: 1369

Re: Pregnancy as an exclusion with insurance.... doh!

1. Congratulations! 2. I feel your pain. We had a high deductible plan when my wife became pregnant. We had to foot the entire bill for two ultrasound studies. Literally, $1,500 a pop. I think the first report consisted of an incomplete sentence which combined description of findings and interpretat...
by StormShadow
Fri Mar 04, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on wash sale with Target Retirement funds
Replies: 12
Views: 834

Re: Opinions on wash sale with Target Retirement funds

I really don't want to be out of the market for 30 days. Of course, it could go either way. Personally, I think your life would be simpler if you pulled the money out for the 30 days then plug back in and avoid worrying about the wash sale rule. Concerned about a potential market swing? My solution...
by StormShadow
Tue Mar 01, 2016 11:48 pm
Forum: Investing - Theory, News & General
Topic: Gold / Silver - small tactical allocation?
Replies: 44
Views: 3246

Re: Gold / Silver - small tactical allocation?

swl wrote:Better off with ammo.

+1 :beer
by StormShadow
Tue Mar 01, 2016 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Pessimist trying to get into Stock Investing
Replies: 35
Views: 2927

Re: Pessimist trying to get into Stock Investing

-Invest in stock market Supposedly this will earn more over time but I have misgivings. I still can't shake the idea that the stock market is a Ponzi scheme. My advice: don't invest in the stock market. At least, not until you feel you understand what it is you are investing in and know the risks i...
by StormShadow
Thu Feb 25, 2016 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: buy more shares of vtsax now or wait?
Replies: 8
Views: 1230

Re: buy more shares of vtsax now or wait?

Pick your asset allocation. Stick with your asset allocation.
by StormShadow
Wed Feb 24, 2016 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated wtih how boring personal finance is
Replies: 40
Views: 4323

Re: Frustrated wtih how boring personal finance is

betterfinances wrote:Am I missing something?

Yeah, it means you're doing it right. Congratulations. :beer

Now, find a real hobby with all that extra time you've earned not worrying about your investments.

:sharebeer
by StormShadow
Wed Feb 24, 2016 5:16 pm
Forum: Personal Consumer Issues
Topic: Can EMT's and emergency rooms really read USB pendants?
Replies: 58
Views: 4382

Re: Can EMT's and emergency rooms really read USB pendants?

A list of current medications (dose+frequency), allergies, past medical history and emergency contacts (eg spouse phone #, primary care provider phone #). Keep it simple and all in one page.
by StormShadow
Wed Feb 24, 2016 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio (young, thick skin, very long time horizon)
Replies: 13
Views: 1450

Re: Portfolio (young, thick skin, very long time horizon)

Too complicated for my taste. I'd get rid of momentum and just pick a large cap fund. Better yet, just pick total stock market and get rid of the small/medium cap weighting. Otherwise, I think you're going to be changing your portfolio several times over the next few years before settling with somet...
by StormShadow
Wed Feb 24, 2016 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me, help my parents, help me
Replies: 15
Views: 2461

Re: Please help me, help my parents, help me

Also, Utah does not have a gift tax. So, you (technically, they) are in the clear from state tax too.
by StormShadow
Mon Feb 22, 2016 12:24 am
Forum: Personal Consumer Issues
Topic: Cell phone question
Replies: 23
Views: 1908

Re: Cell phone question

Right now I don't own a cell phone. I did not find a need for one. I am thinking about getting one with a 500MB plan. All I would do is banking, email and check the weather. Is 500MB a month enough? Unless you plan to visit youtube/espn/cnn/netflix and watch videos ALL the time, 500MG will be plent...
by StormShadow
Mon Feb 22, 2016 12:21 am
Forum: Personal Consumer Issues
Topic: Do I need an awesome smartphone?
Replies: 73
Views: 4866

Re: Do I need an awesome smartphone?

Do I need an awesome smartphone?

Answers will boil down to some variant of either:

1. Yes, you need an awesome smartphone. Spend as much money as you can to get the smartest smartphone possible.
or
2. Don't waste your money. Get a sundial.
by StormShadow
Sat Feb 20, 2016 1:13 am
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 10796

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

"Picking Individual Stocks is a Loser's Game"

Judging by my stellar performance in this year's hedge fund contest (getting pummeled), I'm not surprised.
by StormShadow
Sat Feb 20, 2016 12:56 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Lynch Private Wealth Advisor
Replies: 38
Views: 3572

Re: Merrill Lynch Private Wealth Advisor

1. At what income level is a Private Wealth Advisor useful (if ever)? 2. I imagine one of his goals would be for us to start moving money out of Vanguard into his funds. What is the most objective to way to demonstrate they would not be in our best interest? 3. Anyone with experience with Merrill L...
by StormShadow
Sat Feb 20, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Saving
Replies: 68
Views: 5056

Re: Engagement Ring Saving

+1 Savings account
by StormShadow
Mon Feb 15, 2016 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA or pay down student loan
Replies: 23
Views: 1764

Re: Roth IRA or pay down student loan

I'd try to knock down the student loan.

But if you're on the fence, then why not just split the difference? Half to loans and half to the Roth. Best of both worlds.
by StormShadow
Mon Feb 08, 2016 11:58 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1616

Re: Bar/Bat Mitzvah gift question

We live in a HCOL area and $180 or more seems appropriate for the daughter of your wife's coworker for a modest event. But, this is really not a "modest" event. This is more than just another birthday. The daughter has prepared for this very special time for many years. She spent years le...
by StormShadow
Mon Feb 08, 2016 11:04 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1616

Re: Bar/Bat Mitzvah gift question

bsteiner wrote:$180 seems modest, but might be OK since you said that the event will be modest.

Good thing I don't live in NYC. :beer

This feels similar to deciding how much to tip for meals. I give 15% (rounded up to the nearest dollar). 8-)
by StormShadow
Mon Feb 08, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: Bar/Bat Mitzvah gift question
Replies: 21
Views: 1616

Bar/Bat Mitzvah gift question

I've been invited to my co-worker's daughter's Bat Mitzvah. Wife and I are going to attend. Neither of us are Jewish and I haven't been to a Bar Mitzvah since I was in junior high. We've met her once, and she's a delightful girl. Our own daughter is still a toddler and will be staying home with a si...

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