Search found 94 matches

by WallStreetPhysician
Sun May 28, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone ever use Sebonic Financial for mortgage?
Replies: 14
Views: 37935

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: 1371

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: 1489

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: 1230

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: 1502

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

Duckie wrote:
LFKB wrote: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: 1061

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: 571

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 Secur...
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: 3665

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: 1544

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: 8352

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: 6378

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: 4448

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: 39307

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: 3685

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: 3685

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 WallStreetPhysician
Tue Apr 18, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Chase.com - Anybody having issues?
Replies: 14
Views: 1762

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: 3161

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: 3412

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 ...
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: 5020

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: 2141

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 perspec...
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: 5986

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 ...
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: 867

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: 1969

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: 6577

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: 1240

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: 1837

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: 1837

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: 3558

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: 1610

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...
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: 1064

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: 1699

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: 2132

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: 892

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 m...
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: 8578

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: 892

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 arou...
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: 749

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: 1670

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: 808

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: 762

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...
by WallStreetPhysician
Mon Apr 10, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Taking-In $2 Billion a Day in New Cash
Replies: 30
Views: 5359

Re: Vanguard Taking-In $2 Billion a Day in New Cash

With the stock market rising to new highs and actively managed hedge funds underperforming the S&P 500 even before fees, it is no surprise that money continues to pour into Vanguard. I suspect that when the S&P 500 inevitably has a prolonged correction, flows into passive investing will slow...
by WallStreetPhysician
Mon Apr 10, 2017 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Article--Money Funds Yielding Over 1.​0 Percent Makes News; More Coming Soon
Replies: 21
Views: 2978

Re: Article--Money Funds Yielding Over 1.​0 Percent Makes News; More Coming Soon

With the Federal Reserve raising rates, and the expected fed funds rate to be about 1.25 to 1.50% by the end of the year, we should be seeing higher savings account rates throughout the year.
by WallStreetPhysician
Mon Apr 10, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: How much to invest in 401k vs taxable account.
Replies: 51
Views: 4589

Re: How much to invest in 401k vs taxable account.

Welcome to the forum. I would save as much as you are comfortable with, and put that money in a traditional 401(k), or if available, a Roth 401(k). I would not put money in a taxable account until you have maxed out your 401(k) options.
by WallStreetPhysician
Mon Apr 10, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs fidelity & sp500 vs total market?
Replies: 12
Views: 1012

Re: Vanguard vs fidelity & sp500 vs total market?

Welcome to the forum. I would recommend Vanguard Total Stock market index. But any of those four options are good. I personally use Fidelity, but most people on this forum use, not surprisingly, Vanguard.
by WallStreetPhysician
Sun Apr 09, 2017 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Buying high yielding Bonds 5-10%
Replies: 21
Views: 2091

Re: Buying high yielding Bonds 5-10%

Most of the extra yield is because of the increased bankruptcy risk of the underlying company. Remember that going bankrupt does not mean the company ceases to exist; many companies have gone into bankruptcy, defaulted on the bonds leaving the bondholders with pennies on the dollar, and reemerged a...
by WallStreetPhysician
Sun Apr 09, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Two fund allocation?
Replies: 11
Views: 1636

Re: Two fund allocation?

Welcome to the forum. For a two-fund portfolio, I would generally use a US stock index fund, such as the one you listed, but have the second fund be a bond fund. 100% stock allocation is a difficult allocation to hold in down markets. Consider BND if you like Vanguard ETFs.

-WSP
by WallStreetPhysician
Sun Apr 09, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Monthly DCA versus quarterly DCA?
Replies: 10
Views: 1623

Re: Monthly DCA versus quarterly DCA?

I did an analysis of this and lump sum investing is better than dollar cost averaging about 70% of the time. I compared lump sum investing and monthly dollar cost averaging. I assume that quarterly dollar cost averaging would do slightly better than monthly dollar cost averaging, but I have not form...
by WallStreetPhysician
Sun Apr 09, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why are the Vanguard Target Retirement Funds so heavily invested in International
Replies: 24
Views: 3486

Re: Why are the Vanguard Target Retirement Funds so heavily invested in International

If anything, Vanguard is underweighting international. After all, 50% of the worlds market cap is in the United States and 50% is in international companies.
by WallStreetPhysician
Sun Apr 09, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Buying high yielding Bonds 5-10%
Replies: 21
Views: 2091

Re: Buying high yielding Bonds 5-10%

Most of the extra yield is because of the increased bankruptcy risk of the underlying company. Remember that going bankrupt does not mean the company ceases to exist; many companies have gone into bankruptcy, defaulted on the bonds leaving the bondholders with pennies on the dollar, and reemerged as...
by WallStreetPhysician
Sun Apr 09, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation percentage for new 3 fund portfolio & goal advice
Replies: 5
Views: 503

Re: Allocation percentage for new 3 fund portfolio & goal advice

Welcome to the forum. Vanguard's 2055 target date fund uses a 54/36 ratio, which is close enough to your ratio. https://personal.vanguard.com/us/funds/snapshot?FundId=1487&FundIntExt=INT#tab=2 8% is a great savings rate for your current income level. Over time, as your income rises, you should i...
by WallStreetPhysician
Sat Apr 08, 2017 3:49 am
Forum: Personal Consumer Issues
Topic: Best deals using restaurant apps
Replies: 4
Views: 705

Re: Best deals using restaurant apps

pablolo wrote:I have a McDonald's app and after I buy five McCafes I get a free one any size. So I buy 5 $1 coffees and get a free $3 McCafe. Do you bogleheads know of other deals (Starbucks,etc) that rewards you with deals similar to Mickey D?


I love the Chick-Fil-A app.

-WSP

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