Search found 12365 matches

by White Coat Investor
Fri Mar 24, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: The Sweet Spot for Yearly Car Costs
Replies: 32
Views: 1682

Re: The Sweet Spot for Yearly Car Costs

I am wondering what the Bogleheads think is the sweet spot for the yearly cost of having an automobile. In my experience, I think around $3000 per year is the sweet spot, and I will submit the 2017 Toyota Camry as the gold standard. Reliable, comfortable transportation. So what do you think is the ...
by White Coat Investor
Thu Mar 23, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Reimburse Medical Expenses in "Arrears" with HSA?
Replies: 25
Views: 1060

Re: Reimburse Medical Expenses in "Arrears" with HSA?

I'm with mhalley. No surprise I guess since he linked to my site.

Max it out. At its worst, it's like your 401(k).
by White Coat Investor
Thu Mar 23, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Fees
Replies: 13
Views: 871

Re: Utah 529 Fees

It costs something to run the 529 program. Utah keeps the cost as low as they can, but it's not zero. You have to pay both Vanguard/DFA and the UESP. I think the cost is reasonable, but if saving <10 basis points is important to you, NY (and maybe even NV) are very slightly cheaper. NY could save y...
by White Coat Investor
Thu Mar 23, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 4400

Re: Vehicles as a percentage of net worth

Hey fellow BH's. We currently have vehicles that are 6 and 8 yrs old and approaching 100k miles. I hope to get 10 years out of each prior to replacing them and we are starting to put a plan in place so in 2018-19 we can pay cash for the 09's replacement. Do any of you have a rule re: how much $ you...
by White Coat Investor
Thu Mar 23, 2017 1:14 am
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Fees
Replies: 13
Views: 871

Re: Utah 529 Fees

It costs something to run the 529 program. Utah keeps the cost as low as they can, but it's not zero. You have to pay both Vanguard/DFA and the UESP. I think the cost is reasonable, but if saving <10 basis points is important to you, NY (and maybe even NV) are very slightly cheaper. NY could save y...
by White Coat Investor
Wed Mar 22, 2017 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Fees
Replies: 13
Views: 871

Re: Utah 529 Fees

It costs something to run the 529 program. Utah keeps the cost as low as they can, but it's not zero. You have to pay both Vanguard/DFA and the UESP. I think the cost is reasonable, but if saving <10 basis points is important to you, NY (and maybe even NV) are very slightly cheaper.
by White Coat Investor
Wed Mar 22, 2017 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Very Sad - Loss of Backdoor Roth IRA all these years
Replies: 19
Views: 4409

Re: Very Sad - Loss of Backdoor Roth IRA all these years

Very sad is when the neighbor's 6 year old dies of carbon monoxide poisoning. Missing out on having some additional tax-advantage on $50K of your investments only qualifies as a minor investing error and is unfortunately par for the course for most "financial advisors." If you don't live a...
by White Coat Investor
Wed Mar 22, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is Emergency fund necessary with 2 RMDs?
Replies: 18
Views: 1360

Re: Is Emergency fund necessary with 2 RMDs?

Retired people don't need emergency funds. Your entire nest egg is your emergency fund. I would go as far as to say that once you get to a certain level of assets you don't need one. I dumped mine well before I retired. On the other hand, retirees who retire with primarily a pension & social se...
by White Coat Investor
Wed Mar 22, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: DALBAR report methodological flaws - Prof. Pfau
Replies: 29
Views: 2325

Re: DALBAR report methodological flaws - Prof. Pfau

Thanks for the article, Peter, it is worth the time. To conclude, I'll say what I said before--investing behavior is the no. 1 cause of squandering potential returns. Dalbar may be off some, and it's pretty clear that they are, but it doesn't matter--it doesn't change the fact. Paul I agree. The be...
by White Coat Investor
Wed Mar 22, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Is Emergency fund necessary with 2 RMDs?
Replies: 18
Views: 1360

Re: Is Emergency fund necessary with 2 RMDs?

Wondering if an emergency fund is necessary with 2 RMDs. As I look at the 18K sitting in our emergency fund in the local bank's MM fund, I'm thinking I'd rather put that money to work in a taxable account (we're both retired so no more tax sheltered investing). And since the RMDs have to be taken.....
by White Coat Investor
Tue Mar 21, 2017 9:57 pm
Forum: Personal Consumer Issues
Topic: Car Vandalism During Cross-Country Drive
Replies: 41
Views: 3248

Re: Car Vandalism During Cross-Country Drive

[OT comment removed by moderator prudent] Lock the doors and hope for the best. Can't lose items come in the room with you. Alternatively, rent a truck and put a lock on it. What else can you do? Get an alarm? Hire a guard each night? Park as close to the front door as possible? Ask where the secur...
by White Coat Investor
Tue Mar 21, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6051

Re: Am I Addicted [to contribute to my taxable account]

$65K a year is more than most docs invest and even if it is my recommended 20% still suggests a gross income of $325K, a well-above average doctor salary. So if all you did was max out your tax-protected space and spent the rest on a Mercedes, that would be fine. I'm fortunate in that I have even m...
by White Coat Investor
Tue Mar 21, 2017 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6051

Re: Am I Addicted [to contribute to my taxable account]

[ My problem is that I've always wanted a taxable account to do taxable account things with. Like invest conveniently in real estate, tax loss harvest, pay off the mortgage and the like. But I have a massive amount of tax-protected space available to me and I'm not dumb enough to pass on it and inv...
by White Coat Investor
Mon Mar 20, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Utah Vs. New York 529 - Which one and why?
Replies: 18
Views: 878

Re: Utah Vs. New York 529 - Which one and why?

Utah. Because I get a state tax credit. Plus DFA access.

New York. Because ERs are slightly lower.
by White Coat Investor
Mon Mar 20, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Malpractice Asset Protection
Replies: 18
Views: 1047

Re: Malpractice Asset Protection

Hey All, Relatively new attending physician here. What do you guys all be for asset protection from malpractice suits? Should all my assets be in a trust? I am a hospital employee and our hospital self-insurers. I have purchased an umbrella policy for other protection but I'm not sure if that will ...
by White Coat Investor
Sun Mar 19, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Planning if you don't care to leave an estate....
Replies: 32
Views: 2581

Re: Planning if you don't care to leave an estate....

Now that we've left our advisor, I've been doing some retirement planning through various tools (Fidelity, and Financial Engines, through work -- FireCalc and my own spreadsheet, privately), and I'm more or less in the same range. But one factor is, we don't have children, and except for some money...
by White Coat Investor
Sun Mar 19, 2017 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6051

Re: Am I Addicted [to contribute to my taxable account]

Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard. Am I addicted? Any...
by White Coat Investor
Sun Mar 19, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: Investing in the World - Part 1 [Financial Page blog article]
Replies: 37
Views: 2251

Re: Investing in the World - Part 1 [Financial Page blog article]

LadyGeek wrote:Regarding the blog, please PM me if you have any questions.


PM sent asking for the posting guidelines.
by White Coat Investor
Sun Mar 19, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: Investing in the World - Part 1 [Financial Page blog article]
Replies: 37
Views: 2251

Re: Investing in the World - Part 1 [Financial Page blog article]

A new article was published on Financial Page Feedback welcome. Can you tell us more about Financial Page, who owns it, who writes for it, how the writers are chosen, how it is related to Bogleheads.org and how it is related to the John C. Bogle Financial Literacy Center? The blog was originally an...
by White Coat Investor
Sat Mar 18, 2017 9:15 pm
Forum: Investing - Theory, News & General
Topic: Investing in the World - Part 1 [Financial Page blog article]
Replies: 37
Views: 2251

Re: Investing in the World - Part 1 [Financial Page blog article]

siamond wrote:A new article was published on Financial Page

Feedback welcome.


Can you tell us more about Financial Page, who owns it, who writes for it, how the writers are chosen, how it is related to Bogleheads.org and how it is related to the John C. Bogle Financial Literacy Center?
by White Coat Investor
Sat Mar 18, 2017 9:08 pm
Forum: Investing - Theory, News & General
Topic: Investing in - WATER - thoughts
Replies: 57
Views: 3527

Re: Investing in - WATER - thoughts

Just watched the NatGeo special on the California water crisis - http://channel.nationalgeographic.com/water-and-power-a-california-heist/ As a friend pointed out - the wild west has always had its battles around water rights, and now it has been ramped up between the various modern day players. BT...
by White Coat Investor
Sat Mar 18, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13658

Re: "Millionaire Next Door" Net Worth Formula

It's a very handy rule of thumb for assessing one's net worth status. Expected Net Worth = Age(years) * total_income * 10% I'm ahead of it. But I overweight stocks, size, value, and EM. One economic shock and I'm behind it. It's a terrible rule for any kind of high income professional. I think I'm ...
by White Coat Investor
Sat Mar 18, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: DALBAR report methodological flaws - Prof. Pfau
Replies: 29
Views: 2325

Re: DALBAR report methodological flaws - Prof. Pfau

Is this really news to people? I thought we've known this for years haven't we? In a rising market "investor returns" will trail "investment returns" and vice versa. Yes, this is news. If the math is done correctly and if we consider a scenario in which the investment in questio...
by White Coat Investor
Fri Mar 17, 2017 11:41 pm
Forum: Personal Consumer Issues
Topic: Autonomous Vehicles and Drone Deliveries
Replies: 31
Views: 1603

Re: Autonomous Vehicles and Drone Deliveries

I'm still waiting on my Jetsons-style flying car. It's interesting to go back and see 50 year old TV or movies and see what they envisioned that did take place and what didn't. Batteries. That's the thing. Batteries. They're the limiting factor. If someone can invent a better battery, and I'm not ta...
by White Coat Investor
Fri Mar 17, 2017 10:53 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 5709

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

Kevin M wrote:Although it's common usage to use % when percentage point is meant, it is not technically correct.


Interesting. I learned something today.
by White Coat Investor
Fri Mar 17, 2017 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: TLH from VTI, why VV over VOO? Use Roth Small to supplement?
Replies: 13
Views: 632

Re: TLH from VTI, why VV over VOO? Use Roth Small to supplement?

I'd just use the Large Cap Index Fund. The correlation is just fine. Honestly, so is 500 index. But bear in mind you may need 2 or even 3 tax loss partners. Those are a good first two.
by White Coat Investor
Fri Mar 17, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: PayPal - Any Disadvantages?
Replies: 28
Views: 2233

Re: PayPal - Any Disadvantages?

Sounds like based on other responses that I have used paypal for a higher number of transactions and a larger quantity of money here than anyone else, both business and personal. No issues. The problem with security and convenience is it is a continuum. The more secure you make something, the less c...
by White Coat Investor
Fri Mar 17, 2017 7:29 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 5709

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

Kevin M wrote:The rate drop is not 0.8%, it's 0.8 percentage points, which is a 26.7% decrease.


You used the word "not" when you should have used the word "both."

It is an absolute 0.8% and a relative 26.7%. Both descriptions are correct.
by White Coat Investor
Fri Mar 17, 2017 7:27 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 5709

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

Kevin M wrote:
White Coat Investor wrote:This thread is classic Bogleheads.



If your fixed income allocation is high in a largish portfolio, 80 basis points is a big deal when you're talking about 2-3% yields.


I rest my case.
by White Coat Investor
Fri Mar 17, 2017 7:26 pm
Forum: Investing - Theory, News & General
Topic: DALBAR report methodological flaws - Prof. Pfau
Replies: 29
Views: 2325

Re: DALBAR report methodological flaws - Prof. Pfau

Is this really news to people? I thought we've known this for years haven't we? In a rising market "investor returns" will trail "investment returns" and vice versa.
by White Coat Investor
Fri Mar 17, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: Buying a Storage Unit with Condo...?
Replies: 23
Views: 1490

Re: Buying a Storage Unit with Condo...?

Good Afternoon, Entered into a Purchase Agreement for a new construction condominium about 3 miles south of downtown Austin. 925 sqft, 3rd floor, $235,000, so roughly $250 sq/ft which is really damn good for Austin these days (thanks, Californians). I will be putting 20% down. I have the option of ...
by White Coat Investor
Fri Mar 17, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: I am in US equities and cash. Am I an idiot?
Replies: 43
Views: 4747

Re: I am in US equities and cash. Am I an idiot?

I guess I am welcoming myself up to criticism with a subject like this. I am in US equities, overweight in large caps, and the rest in cash. My cash cushion is maybe 20% of my portfolio. I am not expecting to need the equities for 10 years. As indicated I am mostly in U.S. large caps. Vanguard: S&a...
by White Coat Investor
Fri Mar 17, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 5709

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

This thread is classic Bogleheads. First, you have people excited about CDs. Then when the CD rate drops 0.8%, it uses a thread title with the word "party" in it. I love it.

Find another forum on the internet where that happens.
by White Coat Investor
Thu Mar 16, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: How do you cope with regret over selling too soon?
Replies: 57
Views: 3097

Re: How do you cope with regret over selling too soon?

My challenge over the years has been in sticking with my common sense convictions. The biggest regret I have is in selling Netflix, which I bought 2,000 shares of back in 2003. Those shares (including splits) would be worth somewhere in the neighborhood of 4 million dollars now. In going over my re...
by White Coat Investor
Tue Mar 14, 2017 5:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Inflation-Protected Securities Fund VAIPX [nondividend distribution]
Replies: 18
Views: 1580

Re: Vanguard Inflation-Protected Securities Fund VAIPX [nondividend distribution]

Do a lot of people hold VIPSX in taxable? I think that would probably be about my last holding to move to a taxable account. If I really wanted inflation-protected bonds in taxable, I think I'd go with IBonds and individual TIPS. What a hassle! Sorry you guys are having to deal with this nonsense.
by White Coat Investor
Tue Mar 14, 2017 4:54 pm
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 8345

Re: Why don't things "feel" bubbly?

I did not mean to imply bubble as in potential crash. Just that there is too much bullishness and complacency. An 8 year bull market will do that. A 5% or 10% correction, the more the better, would be a nice reset before marching higher. I am not sure a board of generally fully invested investors i...
by White Coat Investor
Tue Mar 14, 2017 4:45 pm
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 8345

Re: Why don't things "feel" bubbly?

It sure has seemed bubbly to me. February saw corporate insider selling at the highest level in 6 years, investment newsletter writers were recently at their most bullish level since 1987, investing boards seeing high participation and complacency, and junk bond prices at outrageously overpriced le...
by White Coat Investor
Tue Mar 14, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Wife wants to get into real-estate
Replies: 21
Views: 3059

Re: Wife wants to get into real-estate

If you have interest in real estate investing a spouse who is a realtor is a huge asset in reducing the tax bill and the realtor fees. It can really boost your return. But a realtor as a career is a different (but not necessarily bad) thing. If she'd rather sell houses than be a banker, the main way...
by White Coat Investor
Tue Mar 14, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 8345

Re: Why don't things "feel" bubbly?

As valuations rise, there are two future possibilities. One- lower returns for a long time. Two- A big drop and then "normal" returns going forward from there. The problem is each of those two possibilities requires a different approach to maximize returns. Calling something a "bubble...
by White Coat Investor
Tue Mar 14, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: Shiller says market is "way overpriced" - what a shocker
Replies: 34
Views: 4175

Re: Shiller says market is "way overpriced" - what a shocker

Stopped clock and all that.

Shiller is a perma-bear.

"Over-priced" is a seemingly thoughtful term that implies one can predict the future.
by White Coat Investor
Tue Mar 14, 2017 12:50 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 131
Views: 20555

Re: USAA 2.5% Cash Back Credit Card

I've been checking every time I see this thread pop up. I log in and look under credit cards and offers. Is there someone else I should be looking? Are you in an approved state? try this: https://www.usaa.com/inet/wc/banking_credit_cards_main then enter your state. Nope. Guess I'm going to the righ...
by White Coat Investor
Tue Mar 14, 2017 12:48 am
Forum: Personal Consumer Issues
Topic: Utah, besides the national parks?
Replies: 21
Views: 1690

Re: Utah, besides the national parks?

I'm planning a car-camping trip to Utah in September and will be visiting the five national parks and floating the Colorado through Canyonlands, but what are some of the other places I should visit? Will be in the southeast part of the state, for the most part. Might want to consider renting a moto...
by White Coat Investor
Tue Mar 14, 2017 12:47 am
Forum: Personal Consumer Issues
Topic: Utah, besides the national parks?
Replies: 21
Views: 1690

Re: Utah, besides the national parks?

Plan on extra time in Zion. Zion Canyon is one of the prettiest places on the planet. Angel's Landing and Observation Point are two great hikes. Do Angel's Landing early (like first light) to avoid crowds. Biking up Zion Canyon in the evening when things are winding down is sublime. Oscar's Café in...
by White Coat Investor
Sun Mar 12, 2017 12:20 am
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 6665

Re: Anyone sorry they used bonds when starting out

whodidntante wrote:It wasn't quite as absurd to own bonds when I started out. CDs and bonds used to pay something. Also, I enjoyed watching the teller write my interest payment into my passbook.


Excellent point. Even in 2007 you could make 5% in Prime MMF. Seems like forever ago, doesn't it?
by White Coat Investor
Sun Mar 12, 2017 12:18 am
Forum: Investing - Theory, News & General
Topic: Asset Placement Turned Upside Down, Bonds in Taxable?
Replies: 51
Views: 3801

Re: Asset Placement Turned Upside Down, Bonds in Taxable?

Rebalancing annually would reduce the effect, but not eliminate it. It's not about whether or not you rebalance; it's about not accounting for whether or not the government shares any of the risk. The government shares none of the risk in a Roth, but shares some of it in a taxable or tax-deferred a...
by White Coat Investor
Sun Mar 12, 2017 12:14 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 131
Views: 20555

Re: USAA 2.5% Cash Back Credit Card

Applied for mine today. I'm in MD! It showed up (finally) on my app's Products tab. My credit is frozen so I'll have to work through that. Latest list of state, still no CA AL, AR, AZ, CT, CO, FL, GA, HI, ID, IL, IN, KS, LA, MI, MN, ND, NM, NV, NY, PA, RI, SC, TN, TX, WA Or UT. Grrr.... WorkToLive ...
by White Coat Investor
Sun Mar 12, 2017 12:12 am
Forum: Personal Consumer Issues
Topic: What to do about a bad neighbor in same unit -- both renters of same landlord.
Replies: 41
Views: 4236

Re: What to do about a bad neighbor in same unit -- both renters of same landlord.

Time to start thinking about a move. Once you've decided that's a reasonable outcome, you can give the landlord an ultimatum. Might work, but either way, you'll soon be out of the situation.

[OT comment removed by admin LadyGeek]
by White Coat Investor
Sat Mar 11, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: Asset Placement Turned Upside Down, Bonds in Taxable?
Replies: 51
Views: 3801

Re: Asset Placement Turned Upside Down, Bonds in Taxable?

Let's say you have two perfectly tax-efficient assets. You have a $100K taxable account and a $100K Roth account. Where should you put the asset with the higher expected return and why? Let's say the higher expected return assets returns 10%. The low expected return asset returns 2%. We'll assume y...

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