Search found 105 matches

by WallStreetPhysician
Thu Feb 22, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 2529

Re: Young Investor: Investing In A Bear Market

I'm a relatively young investor. I'm about to turn 30 and I've only been investing since 2010 so I still consider myself relatively new to the "game". Historically I've just invested in low expense ratio index funds that stratagize to match the market. I'm talking about assets like DIA, QQQ, VOO, e...
by WallStreetPhysician
Tue Feb 20, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Which book for an 18 year old who is asking about investing?
Replies: 45
Views: 3064

Re: Which book for an 18 year old who is asking about investing?

I looked at the recommended reading on Bogleheads but am clueless about which book would be good for an 18 year old who is asking about investing. She has a ROTH IRA already (we match her earnings) in Fidelity ETFs because the total is not enough for index funds. She wants to be more involved in ch...
by WallStreetPhysician
Tue Feb 20, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers fee structure for passive investors
Replies: 39
Views: 3082

Re: Interactive Brokers fee structure for passive investors

Hi all I am researching opening an IB UK account to trade ETFs, but I find the fee structure a bit unsuitable to the "buy and stay the course" approach. They said: we apply a monthly minimum activity fee of $10 which can be reduced on a dollar-per-dollar basis (to $0) by commissions generated for t...
by WallStreetPhysician
Thu Feb 15, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Just added Total Int'l Stock; add Total Int'l Bond too?
Replies: 25
Views: 2010

Re: Just added Total Int'l Stock; add Total Int'l Bond too?

Today I took the big plunge and moved to a three-fund portfolio. I added Vanguard Total International Stock fund (VTIAX) to my previous two funds (Vanguard Total Stock and Total Bond). VTIAX now comprises 20% of my equity allocation. I'm just wondering if, while I'm at it, I should add Total Intern...
by WallStreetPhysician
Tue Feb 13, 2018 4:33 am
Forum: Investing - Theory, News & General
Topic: Passive Investing Best For A 'rigged Market'? [insider trading]
Replies: 13
Views: 1213

Re: Passive Investing Best For A 'rigged Market'? [insider trading]

Insider trading just means that stocks are MORE fairly priced because insider information is being priced in. This is bad news if you're trying to price discover without insider info (active trading) and neutral news if you're a passive investor. +1. It's not significantly meaningful for passive in...
by WallStreetPhysician
Mon Feb 05, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 9772

Re: How risky is Med school student loan debt?

I see lots of posts from Docs on this site with mounds of student loans, and following that mounds of income. How many people end up saddled with 150k+ debt but miss out on the high income jobs afterwards? Depends on where you go to medical school. If you go to a U.S. MD school, essentially zero, p...
by WallStreetPhysician
Mon Feb 05, 2018 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Top 1% Net Worth Under 30 Years Old
Replies: 13
Views: 5962

Re: Top 1% Net Worth Under 30 Years Old

Hello, I am wondering if any bogleheads have an estimate or source they could refer me to that would help determine what dollar amount range of net worth would land you in the top 1% of net worth for under 30 year olds? My suspicion is that most of the people on such a list would have inherited / t...
by WallStreetPhysician
Mon Feb 05, 2018 6:28 am
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 9772

Re: How risky is Med school student loan debt?

I see lots of posts from Docs on this site with mounds of student loans, and following that mounds of income. How many people end up saddled with 150k+ debt but miss out on the high income jobs afterwards? Depends on where you go to medical school. If you go to a U.S. MD school, essentially zero, p...
by WallStreetPhysician
Mon Feb 05, 2018 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Change in "career", PA or Optometry?
Replies: 79
Views: 6526

Re: Change in "career", PA or Optometry?

Optometrists can practice independently, while PA's generally have supervision. By being a PA, you give yourself more options to choose (and even switch) between medical specialties. Depends on how much you like opthalmologiy. PAs often work shift work, so you can modulate how much you work up and d...
by WallStreetPhysician
Mon Feb 05, 2018 6:21 am
Forum: Investing - Theory, News & General
Topic: Economist - “Factor investing” gains popularity
Replies: 22
Views: 2670

Re: Economist - “Factor investing” gains popularity

If you can stick with your factors long-term, then go for it. If you tend to bounce around from factor to factor based on how it's done in the short run, then stick with a three-fund portfolio.

-WSP
by WallStreetPhysician
Mon Feb 05, 2018 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Shorting AGG
Replies: 5
Views: 479

Re: Shorting AGG

A long-term short in AGG doesn't make sense. Not only does the bond market have a positive expected return, but it costs money to borrow shares to short. A lose-lose proposition.
by WallStreetPhysician
Sun May 28, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone ever use Sebonic Financial for mortgage?
Replies: 18
Views: 44822

Re: Anyone ever use Sebonic Financial for mortgage?

We need to close a 30 year conventional home mortgage loan in exactly 30 days from today. We looked at local banks and they have very high fees along with high rates. Now we are looking online and came across Sebonic Financial. They have rather great reviews at Zillow.com and some other sites, but ...
by WallStreetPhysician
Sun May 14, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do i still need Term Life Insurance ?
Replies: 14
Views: 1690

Re: Do i still need Term Life Insurance ?

Background: - I am 52 , my wife is 51 - 2 kids one in college and one soon in college. - More than enough in 529 plan (probably a over funded situation). - Portfolio ~3 MM ( evenly split between retirement and non-retirement), NW is 4+MM. - 33% tax bracket, no state tax. - No debt. - Health: one of...
by WallStreetPhysician
Sat May 13, 2017 6:53 am
Forum: Investing - Help with Personal Investments
Topic: 529 Planning as related to medical school
Replies: 12
Views: 2043

Re: 529 Planning as related to medical school

What about a combination of all 3? Pay for the relevant costs of her senior year of college (option 1), then pay for her medical school (option 3), then with any leftover money, withdraw the amount of her scholarship (option 2). As you probably know, withdrawing her college scholarship money from yo...
by WallStreetPhysician
Thu May 11, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: When switch fund for lower ER?
Replies: 14
Views: 1664

Re: When switch fund for lower ER?

As I happily watch ERs drop between the big index funds, I'm starting to wonder what drop is enough to make me switch funds. I'm curious what others do: assuming a non-taxable account and two funds from big names (e.g., Schwab, iShares, Vanguard) who track the same or extremely similar indexes, wha...
by WallStreetPhysician
Thu May 11, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Bonds and RE in Tax Advantaged Accounts - Does it Matter What is Held Where?
Replies: 18
Views: 1806

Re: Bonds and RE in Tax Advantaged Accounts - Does it Matter What is Held Where?

Does it matter in which accounts I hold my REIT or bond funds (i.e. is there any reason REIT index would be better held in 401k vs Roth vs Traditional)? Put bonds in pre-tax and save your Roth account for assets with higher expected growth. REITs might qualify, but so do your other stock funds. +1
by WallStreetPhysician
Thu May 11, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: To DCA or not to DCA? And a question about cash
Replies: 15
Views: 1456

Re: To DCA or not to DCA? And a question about cash

Hello Bogleheads, Very long time listener, first time caller. I've two questions for this group that I've learned much from over the years: 1) I have about $750k in cash in a taxable brokerage account that I intend to invest in index funds, bogleheads-style. Starting now do you think I should dolla...
by WallStreetPhysician
Thu May 11, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Help with picking 401K fund(s)
Replies: 12
Views: 856

Re: Help with picking 401K fund(s)

I have the below funds available in my 401K, I think the only fund that worth considering in this bad 401K plan is the Dryden S&P 500 Index Fund while the rest are bad ones. Am I right? Guaranteed Income Fund ER 0.85% Fixed Income - Domestic: Core Plus Bond / PGIM Fund ER 0.98% Government Securitie...
by WallStreetPhysician
Tue May 09, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Debt Free Scream! 174K in 53 months
Replies: 24
Views: 4157

Re: Boglehead Debt Free Scream! 174K in 53 months

WE'RE DEBT FREE!!! DW and I just finished paying off $174K in student loan, credit card and a career starter loan in 53 months making between 96k and 116k! With interest, we paid $224K toward the debt along with Non-Dave Ramsey-type activities like buying a $14k used car, earning the Chase Sapphire...
by WallStreetPhysician
Tue May 09, 2017 7:28 am
Forum: Investing - Theory, News & General
Topic: Even if active managers aren't better at picking winners, can't they be better at picking losers?
Replies: 13
Views: 1795

Re: Even if active managers aren't better at picking winners, can't they be better at picking losers?

I understand the Boglehead philosophy and all the accepted wisdom about not trying to beat the market, etc. It would seem to follow that the accepted philosophy about investing in index funds with maximum diversification (indeed, the ideal asset allocation might very well be a total market allocati...
by WallStreetPhysician
Tue May 09, 2017 7:24 am
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 66
Views: 9840

Re: If everybody indexed, the only word you could use is chaos, catastrophe

https://finance.yahoo.com/news/jack-bogle-envisions-chaos-catastrophe-markets-everyone-indexed-194610197.html “If everybody indexed, the only word you could use is chaos, catastrophe,” said Jack Bogle, founder of Vanguard, at the Berkshire Hathaway annual meeting on Saturday. “There would be no tra...
by WallStreetPhysician
Tue May 09, 2017 7:22 am
Forum: Investing - Theory, News & General
Topic: Gundlach shorts S&P 500, says passive investing is a 'myth'
Replies: 51
Views: 7245

Re: Gundlach shorts S&P 500, says passive investing is a 'myth'

https://finance.yahoo.com/news/gundlach-shorts-sp-500-etf-says-passive-investing-myth-214252048.html Furthermore, he argued that pension funds are abandoning their fiduciary duty by opting for passive investments. Saw that article on Yahoo! Finance. Bogleheads, they're getting desperate and are res...
by WallStreetPhysician
Sat Apr 22, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Reached 50% of my "number" today
Replies: 20
Views: 4923

Re: Reached 50% of my "number" today

White Coat Investor wrote:Second half goes a lot faster than the first half!
Yup, the second million comes in a lot faster than the 1st million!
by WallStreetPhysician
Thu Apr 20, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 46760

Re: Larry Swedroe says "Goodby."

Sad to see you go, Larry. Your contributions to the forum are greatly appreciated by the Bogleheads community.

-WSP
by WallStreetPhysician
Tue Apr 18, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: WSJ article-Indexes Beat Stock Pickers Even Over 15 Years New data show that 82% of all U.S. funds trailed their respect
Replies: 19
Views: 4189

Re: WSJ article-Indexes Beat Stock Pickers Even Over 15 Years New data show that 82% of all U.S. funds trailed their res

Fees are the major determinant of this underperformance, but there was a Bloomberg article (https://www.bloomberg.com/news/articles/2017-04-09/lopsided-stocks-and-the-math-explaining-active-manager-futility) about a week ago discussing about the skew in individual stock returns which leads to a sim...
by WallStreetPhysician
Tue Apr 18, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: WSJ article-Indexes Beat Stock Pickers Even Over 15 Years New data show that 82% of all U.S. funds trailed their respect
Replies: 19
Views: 4189

Re: WSJ article-Indexes Beat Stock Pickers Even Over 15 Years New data show that 82% of all U.S. funds trailed their res

WSJ article 4/12/17 Indexes Beat Stock Pickers Even Over 15 Years New data show that 82% of all U.S. funds trailed their respective benchmarks over 15 years https://www.wsj.com/articles/indexes-beat-stock-pickers-even-over-15-years-1492039859 "Most actively managed U.S. stock funds were beaten by t...
by WallStreetPhysician
Tue Apr 18, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Chase.com - Anybody having issues?
Replies: 14
Views: 2070

Re: Chase.com - Anybody having issues?

Faisal wrote:Hey just wanted to check if anybody was having issues logging into chase.com - it has been giving me an error for a few days now saying looks like the site is not working. Please try again later.
No problem here. I would try a different computer / device and/or call customer service.
by WallStreetPhysician
Tue Apr 18, 2017 3:23 pm
Forum: Investing - Theory, News & General
Topic: Is all the money flowing into index funds bad?
Replies: 21
Views: 3497

Re: Is all the money flowing into index funds bad?

I heard today on the radio, the head of the endowment fund for the University of Cincinnati say that the 830+ billion dollars flowing into index funds at Vanguard and all the other money flowing into them at other Investment firms is going to hurt the market and will have consequences at some point...
by WallStreetPhysician
Tue Apr 18, 2017 3:17 pm
Forum: Investing - Theory, News & General
Topic: everywhere we are encouraged to trade and to our detriment
Replies: 31
Views: 3846

Re: everywhere we are encouraged to trade and to our detriment

I was just thinking about progress in our "modern times." We as investors are encouraged to trade, trade, trade. The brokerage houses lowered commissions drastically from what they were years ago. Everywhere I go I see people intently watching their hand held computers even when crossing the street...
by WallStreetPhysician
Tue Apr 18, 2017 3:15 pm
Forum: Investing - Theory, News & General
Topic: Investors backing off their equity AA primarily due to 8-year bull market?
Replies: 56
Views: 5654

Re: Investors backing off their equity AA primarily due to 8-year bull market?

I haven't been following market news. Is there a growing trend of investors backing off their equity AA, stopping auto-investment in equity or even selling equity shares, primarily because of the 8-year bull market? Not because they are needing the money anytime soon. In my opinion, it is about 50/...
by WallStreetPhysician
Tue Apr 18, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging the S&P 500 for the TSM
Replies: 16
Views: 2644

Re: Exchanging the S&P 500 for the TSM

I'm looking to exchange 50k of S&P 500 (VFIAX) for the TSM (VTSAX) in my IRA. While the performance between the 2 index funds have been similar, I'm attracted to the diversification of the TSM. Are there any good arguments why this exchange couldn't be done at once from a potential loss perspective...
by WallStreetPhysician
Tue Apr 18, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: Unwinding all positions and buy back after French Elections
Replies: 55
Views: 6905

Re: Unwinding all positions and buy back after French Elections

Hi All, I was wondering, why should anyone run the risk of the impact of politicals risks when holding a portfolio? Given the low cost of investing ( in & out in your favorite low cost broker should run around ~7bps of your portfolio size or so), don't you think it's a good a idea to close all posi...
by WallStreetPhysician
Tue Apr 18, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Which International Fund to Pick In 401K
Replies: 20
Views: 1186

Re: Which International Fund to Pick In 401K

Hello, My AA is 45% - SP 500 index 15% - Mid Cap and Small Cap 20% - International 20% - Bonds My 401K account only has 2 international funds to pick: (International Stock Growth) American Funds Europacific Growth R6 (RERGX) ER - 0.50% (International Stock Emerging Markets) Lazard Emerging Markets ...
by WallStreetPhysician
Sat Apr 15, 2017 7:16 pm
Forum: Personal Consumer Issues
Topic: Best way to book travel
Replies: 12
Views: 2271

Re: Best way to book travel

Hello, In the near future, I foresee spending about $10k or more per year predominantly traveling between Tucson, az; chicago,il; Malaysia and India. I currently have a southwest credit card as well as the fidelity 2% cash back card. I have a small business and may be able to get the Expedia busine...
by WallStreetPhysician
Sat Apr 15, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 55
Views: 10370

Re: Anyone else decided not to finish med school?

I think he made the right choice. Medicine is not for everyone - according to the most recent Medscape compensation survey, only 77% of doctors would choose to do medicine again. http://www.medscape.com/slideshow/compensation-2017-overview-6008547#38 It sounds like he's definitely going to be succes...
by WallStreetPhysician
Sat Apr 15, 2017 5:48 am
Forum: Investing - Help with Personal Investments
Topic: Conservative assumption on real rate of return?
Replies: 12
Views: 1640

Re: Conservative assumption on real rate of return?

I put together a small spreadsheet that simply takes my starting net worth, subtracts my projected expenses for the year, applies x% of real return to the balance (return after inflation), and carries the result into the next year. (My projected expenses in real dollars change every year because I'...
by WallStreetPhysician
Sat Apr 15, 2017 5:47 am
Forum: Investing - Help with Personal Investments
Topic: Best 2050 Target Date Fund
Replies: 20
Views: 2350

Re: Best 2050 Target Date Fund

Vanguard = Fidelity >> T. Rowe Should you choose Fidelity, be careful to get the Fidelity Freedom Index fund, and not the Fidelity Freedom fund. The Freedom Index fund is more or less the same as Vanguard's (Vanguard has more international, but it's not significant). The Freedom fund is pretty much...
by WallStreetPhysician
Fri Apr 14, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Best 2050 Target Date Fund
Replies: 20
Views: 2350

Re: Best 2050 Target Date Fund

Today, I met with a financial planner and I mentioned that my son is wearing me out that I cannot dedicate myself to rebalancing, etc, and I was thinking about putting my money into Vanguards 2050 Target Date fund. The planner said that he would recommend T-Rowe's 2050 over Vanguards. When I look a...
by WallStreetPhysician
Thu Apr 13, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: 529/son got accepted to medical school whahoooo!
Replies: 30
Views: 4261

Re: 529/son got accepted to medical school whahoooo!

Son just got accepted to medical shool this week. Due to an incredible investing education learned on this board, I have enough money in a 529 to pay for all four years. He earned his way through college with scholarships and working. It is currently 90 percent in stocks and 10 percent bonds. Shoul...
by WallStreetPhysician
Thu Apr 13, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: Lack of rigor in EdX (and other?) MOOCs?
Replies: 23
Views: 2047

Re: Lack of rigor in EdX (and other?) MOOCs?

I'm taking an EdX "course." (And paying $50 for certification simply to force myself to complete it). It is billed as a "six week course" requiring an effort of "three hours per week," or 18 hours total. No complaints about the price or the content. And it's strictly a pastime, for entertainment. B...
by WallStreetPhysician
Tue Apr 11, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio: FTIPX or FSGDX ?
Replies: 13
Views: 1950

Re: 3 Fund Portfolio: FTIPX or FSGDX ?

Which international fund best qualifies for the 3 fund portfolio while using Fidelity? FTIPX: https://fundresearch.fidelity.com/mutual-funds/summary/31635V653?type=o-NavBar or FSGDX: https://fundresearch.fidelity.com/mutual-funds/performance-and-risk/316146141 They both are rather new, I was shocke...
by WallStreetPhysician
Tue Apr 11, 2017 6:50 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg - The Math Behind Futility
Replies: 8
Views: 1934

Re: Bloomberg - The Math Behind Futility

Interesting article. Ultimately, the major reason why active managers fail is because they have higher fees then index funds. Skewness makes the percentage of underperforming managers higher, but that means that if you are one of the lucky few that strike gold with a high performing fund, you will m...
by WallStreetPhysician
Tue Apr 11, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: That second Visa card
Replies: 25
Views: 2457

Re: That second Visa card

This forum has suggested it would be wise to get a second general purpose credit card. That way, I wouldn't be stuck without a credit card should something happen to my one and only general purpose card, a Visa card sponsored by my Credit Union. I went to bankrate.com to see what was on offer. Visa...
by WallStreetPhysician
Tue Apr 11, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Spring Cleaning my 401(k)
Replies: 8
Views: 1076

Re: Spring Cleaning my 401(k)

Welcome to the forum. Agreed with putting your question in the standard format. From what you have listed, I don't see a reason why you shouldn't put your stock allocation in the Vanguard S&P 500 Admiral. Are there any bond index funds in your 401k offerings? -WSP Nope no bond indices in that mess ...
by WallStreetPhysician
Tue Apr 11, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 10358

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

I did the $300 for the checking account bonus. Pretty easy. Don't plan on closing the account any time soon, though.
by WallStreetPhysician
Tue Apr 11, 2017 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Spring Cleaning my 401(k)
Replies: 8
Views: 1076

Re: Spring Cleaning my 401(k)

Having done a bit of reading and being absolutely flabbergasted by the layout of my 401(k) I figured it was time to do some "Spring Cleaning". I'd like my asset allocation to be close to 30% bonds and 70% stocks. Though more stocks wouldn't be bad for the time being. I currently have around $11,000...
by WallStreetPhysician
Tue Apr 11, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Help Offsetting Bad 403(b) Options with Index Funds
Replies: 12
Views: 953

Re: Help Offsetting Bad 403(b) Options with Index Funds

My wife and I (mid 30s) both work for the same employer, and so we have the same 403(b) fund options. We contribute the minimum required in order to get the full match from our employer, but due to a generous match, this ends up being about a third of what we invest each month. Since our choices ar...
by WallStreetPhysician
Tue Apr 11, 2017 7:07 am
Forum: Investing - Help with Personal Investments
Topic: What fund to choose for young investor?
Replies: 19
Views: 2265

Re: What fund to choose for young investor?

Hello first time BogleHead here. Currently reading the BogleHead book and found some very good information on what type of investment that I should have. I have currently $3000 in my vanguard Roth IRA account. I am only 22 years old and about to graduate college in the next month. I have my eyes on...
by WallStreetPhysician
Mon Apr 10, 2017 5:34 pm
Forum: Investing - Theory, News & General
Topic: risk in ratings
Replies: 13
Views: 1019

Re: risk in ratings

Sure, the ratings agencies may not be rating the bonds accurately. For an investor like you, that should not significantly affect your bond investments. The reasons why having an incorrect rating was so critical to many funds was that they were limited to only buying securities that were rated AAA. ...
by WallStreetPhysician
Mon Apr 10, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: pay of credit cards with savings
Replies: 10
Views: 997

Re: pay of credit cards with savings

I would pay off the credit card debt. I understand the need for an emergency fund, but for example Dave Ramsey says you need to pay off your credit card debt before building an emergency fund beyond $1000. You have completed baby step one and can complete baby step two by transferring your savings i...