Search found 12434 matches

by White Coat Investor
Sun Apr 23, 2017 10:03 pm
Forum: Investing - Theory, News & General
Topic: foreign tax credit for international stocks
Replies: 12
Views: 861

Re: foreign tax credit for international stocks

It's not a bad taxable holding. You certainly do get the foreign tax credit on it. But it's yield is higher than TSMs, so it might not be as tax efficient. is there a better fund to use for international stocks in the taxable? Not really. It's quite broadly diversified, low-cost, low turnover etc.
by White Coat Investor
Sun Apr 23, 2017 10:00 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 64
Views: 5060

Re: Removing a tree - expensive!!!

I've taken down about a dozen trees myself, including at least a couple that were taller than the house and planted within 3 feet of it (yea, don't get me started on what kind of an idiot plants trees that close to the house). Much cheaper and a lot of fun. Safe? Not so much. But the only damage we ...
by White Coat Investor
Sun Apr 23, 2017 9:51 pm
Forum: Investing - Theory, News & General
Topic: foreign tax credit for international stocks
Replies: 12
Views: 861

Re: foreign tax credit for international stocks

It's not a bad taxable holding. You certainly do get the foreign tax credit on it. But it's yield is higher than TSMs, so it might not be as tax efficient.
by White Coat Investor
Sun Apr 23, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2404

Re: Location of SPIAs, which account?

I understand the tax treatment of SPIA payouts from ROTH, Traditional IRAs, and taxable accounts. I am having trouble figuring out the optimum account to buy the SPIA in. In the 33% income tax bracket it looks like a $300,000 annuity in a traditional IRA would give me the same after tax income as a...
by White Coat Investor
Sun Apr 23, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 128
Views: 12660

Re: Any regrets living a frugal life for high income/high networth individuals?

I am Top 5th percentile networth for my age group (40-49) and top 2-3% income with no debt thanks to being frugal and being a boglehead now for 10 yrs. We drive > 8 yr old cars and have a remodeled but modest house In a middle to upper middle class area worth about 650k. We can afford a house twice...
by White Coat Investor
Sat Apr 22, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 51
Views: 3405

Re: Issue With Real Estate Agent (Seller)

Selling real estate is a bit of a racket ripe for disruption. Hasn't happened yet though. Like Wall Street, the fewer transactions the better. Serial house buying and selling has a serious effect on your ability to accumulate wealth. I agree with the others. The selling agent shouldn't be there when...
by White Coat Investor
Sat Apr 22, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: The Skinny on Dividends
Replies: 11
Views: 2267

Re: The Skinny on Dividends

Hi folks! I just opened my Roth IRA today (woot!), and there was a question within the application process that got me thinking... It asked me what I wanted to do with dividend and capital gains distributions. The options were something along the lines of 1. Reinvest or 2. Put the money into some t...
by White Coat Investor
Sat Apr 22, 2017 12:50 am
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 120
Views: 12077

Re: Too much inheritance to handle. Advice needed

Hello everyone, My father passed away a few month ago and my mom and I were left over 1m+ in assets. Right now we have three accounts with a financial advisor who is a close friend of my fathers. He has set up 3 accounts for my mom: Inherited IRA: 400k Brokerage account: 400k Mom's IRA: 200k Both m...
by White Coat Investor
Sat Apr 22, 2017 12:49 am
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 42
Views: 3012

Re: IRS refund today!

letsgobobby wrote:7 days. nice.

Beyond the pleasant surprise at the speed of the refund, I always breathe a sigh of relief when someone else hasn't claimed my refund for himself.


I try to put myself into a position where I owe money (taxes, not penalties) to the IRS every April. No one has claimed my tax bill yet!
by White Coat Investor
Sat Apr 22, 2017 12:43 am
Forum: Personal Consumer Issues
Topic: Terminal Cancer Diagnosis for 5 year old: What would you do?
Replies: 32
Views: 5177

Re: Terminal Cancer Diagnosis for 5 year old: What would you do?

I'm so sorry. What a terrible tragedy. I think the main personal finance issue is going to be medical bills and lost income from time off, both before and after the death. Maintaining medical insurance is key, coming up with funeral expenses might be an issue, and the parents may not be able and rea...
by White Coat Investor
Fri Apr 21, 2017 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50% of my "number" today
Replies: 19
Views: 3675

Re: Reached 50% of my "number" today

Second half goes a lot faster than the first half!
by White Coat Investor
Thu Apr 20, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: How to withdraw a positive credit card balance ($2600)?
Replies: 10
Views: 968

Re: How to withdraw a positive credit card balance ($2600)?

Why not just use that card for your monthly spending the next month or two?
by White Coat Investor
Wed Apr 19, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: Weight loss and investing
Replies: 35
Views: 3819

Re: Weight loss and investing

bloom2708 wrote:Maybe the start of a sister site:

Bogleheads.org

Boglebodies.org

:o


Do you have to have a heart transplant to join?

viewtopic.php?t=184935
by White Coat Investor
Wed Apr 19, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 4946

Re: Can I afford private school for my kids?

My wife and I have two kids ages 10 and 6 which are enrolled in the local public school system. It's a decent district with above average test scores. Recently, I have discovered that there is a private school that emphasizes classical Christian education in the area. This appeals to me because: 1....
by White Coat Investor
Wed Apr 19, 2017 10:39 pm
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 5094

Re: How to make best use of lunch with the company president/CEO?

Next week, I (along with a couple of other employees) are scheduled for an informal lunch with the president/CEO of our company. This is part of a program for upper management to meet with employees, and we were randomly chosen. Any tips on good questions to ask or things to say? What can I do to h...
by White Coat Investor
Wed Apr 19, 2017 10:29 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 319
Views: 31399

Re: Larry Swedroe says "Goodby."

Thank you Larry.

And this is how someone feels on one of the sites that is one of the safest, most polite, and least-attacky on the internet. I assure you it is far worse elsewhere.

Nonetheless, a lesson to be learned by all. How you interact matters.
by White Coat Investor
Wed Apr 19, 2017 9:44 pm
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 64
Views: 4903

Re: Tips on Uber

I just started Ubering this year. Maybe a dozen rides. I didn't realize there were passenger ratings until now. So I looked mine up. 4.58. Haven't tipped yet (I thought you weren't supposed to. Isn't that the point of not getting a taxi?) What does my rating matter? Do some drivers go "that guy...
by White Coat Investor
Wed Apr 19, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 129
Views: 11772

Re: Do you have an umbrella policy?

I was on the phone with USAA yesterday. My umbrella is $315 a year for $2M. $3M would be $420 and $5M would be $620.
by White Coat Investor
Wed Apr 19, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2297

Re: To put 5k into my car loan or just keep it...

Hello all: My background for 2017- - 20k in my E-Fund {in Ally bank} - 7k in my car bank account - this is extra money I had AFTER I filled my 20k E - Fund + 5k from my tax refund - Taxable account: $1,200 with TSM (I am not a serious investor yet. I just contribute 200 bucks per month) - Already m...
by White Coat Investor
Tue Apr 18, 2017 10:34 pm
Forum: Investing - Theory, News & General
Topic: Real_Estate_Crowd_Funding
Replies: 13
Views: 1223

Re: Real_Estate_Crowd_Funding

I'm intrigued with the idea of fractional shares of real estate deals but concerned with the risks of these relatively new businesses. That sums up my thoughts pretty well. It's still early, but some of my investments have done about as well as advertised and some have underperformed. No wonderful ...
by White Coat Investor
Tue Apr 18, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 1592

Re: Starting "web site business". Need an LLC?

And I second the people who point out how cheap and easy it is to set up an LLC.

In my state it's about 10 minutes online and $70 initially, then $15 a year.
by White Coat Investor
Tue Apr 18, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 1592

Re: Starting "web site business". Need an LLC?

Agreed. I have some research to do. Let me ask this: can I start work (paying) my web developer to start the project and pay him out of my personal checking, etc. Its going to take a few months. It gives me time to get the project under development. Then go "live" after I figure out my LL...
by White Coat Investor
Tue Apr 18, 2017 6:02 pm
Forum: Investing - Theory, News & General
Topic: Weight loss and investing
Replies: 35
Views: 3819

Re: Weight loss and investing

I agree with the similarities. Like fees, the best way to lose weight is to not gain it (pay it) in the first place. Hard lessons on both fronts. I have a "code red" weight. If I hit that number, I have to eat better and exercise more to get under it. More than "normal" eating g...
by White Coat Investor
Tue Apr 18, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 1592

Re: Starting "web site business". Need an LLC?

Does this business have significant liability? If not, why not start as a sole proprietor? You can always transition to an LLC later if you want.
by White Coat Investor
Tue Apr 18, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: TSP: G Fund in lieu of the F Fund
Replies: 17
Views: 1516

Re: TSP: G Fund in lieu of the F Fund

I've always used the G fund instead of the F fund as my nominal bond allocation. Thus far, that's been the wrong decision. Hopefully it won't be in the future. What is your expectation for what the G Fund will do? The F Fund is a total bond fund, including about 30 percent corporate bonds, which in...
by White Coat Investor
Tue Apr 18, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 82
Views: 6309

Re: Did anything surprise you in your 2016 taxes?

The intent of this thread is to spread the word about oddball tax situations that people may not know about to better plan for 2017. With that said, is there anything about your 2016 taxes that caught you off-guard? In my case, it was the retirement saver's credit. Our AGI was lower this year than ...
by White Coat Investor
Mon Apr 17, 2017 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a mortgage into retirement
Replies: 39
Views: 4503

Re: Carrying a mortgage into retirement

Oh wise Bogelheads, My wife and I will be retiring in 4 years at 65 with about ~$2M in total projected retirement assets at that time. Projected annual expenses in retirement (based on current house payment and taxes of 24K per year ): 120K (would be 18K less per year if no mortgage - see below) Br...
by White Coat Investor
Mon Apr 17, 2017 11:06 pm
Forum: Investing - Theory, News & General
Topic: Janus Unconstrained, almost three years in...
Replies: 27
Views: 3402

Re: Janus Unconstrained, almost three years in...

Did you have a question about this? is this thread actionable? i dont see the point. Nice information, but can we just post anything about any funds performance without a question? Please stop complaining about a thread that is 100% about investing. My goodness. No wonder so many threads get shut d...
by White Coat Investor
Mon Apr 17, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: TSP: G Fund in lieu of the F Fund
Replies: 17
Views: 1516

Re: TSP: G Fund in lieu of the F Fund

I've always used the G fund instead of the F fund as my nominal bond allocation. Thus far, that's been the wrong decision. Hopefully it won't be in the future.
by White Coat Investor
Sun Apr 16, 2017 4:54 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 171
Views: 26700

Re: USAA 2.5% Cash Back Credit Card

USAA 2.5% Cash Back Credit Card DOES NOT REWARD TAX PAYMENTS! See FAQ re; qualified payments. After paying my 1040 and quarterly Federal income taxes I found I was rewarded 1% of the credit card fee. An expensive lesson learned to be sure. Well that stinks. That was the whole point. Well, mostly. M...
by White Coat Investor
Sat Apr 15, 2017 11:52 pm
Forum: Personal Consumer Issues
Topic: Hiking the Tahoe Rim Trail
Replies: 21
Views: 1678

Re: Hiking the Tahoe Rim Trail

You might want to slow roll your Tahoe hiking plans this year. It is still snowing a LOT in Tahoe. I live there part time and this has been the wettest winter in decades and maybe EVER. It started snowing in January and has not let up much for 3 months. And up high the snow depth is still getting d...
by White Coat Investor
Sat Apr 15, 2017 11:47 pm
Forum: Investing - Theory, News & General
Topic: Janus Unconstrained, almost three years in...
Replies: 27
Views: 3402

Re: Janus Unconstrained, almost three years in...

Wow. It sounds like the investors who stuck with the PIMCO Total Return Fund and didn't bail, had the last laugh. Those who left PIMCO and went to the new Bill Gross fund at Janus must be feeling pretty stupid right now. I don't know, I wouldn't lose that much sleep knowing my $10K underperformed b...
by White Coat Investor
Sat Apr 15, 2017 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 129
Views: 11772

Re: Do you have an umbrella policy?

I'm surprised how many people have "total peace of mind" with a mere $5M in coverage. There is no such thing as total peace of mind in this life. Every day I go to work and every patient I treat has the potential to sue me successfully for a multiple of what I carry in malpractice coverage...
by White Coat Investor
Sat Apr 15, 2017 5:52 pm
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 55
Views: 5836

Re: Anyone else decided not to finish med school?

tp_from_ks wrote:Going through med school, yes it's difficult. The fact that he finished the first year says a lot. However, there is a benefit of quitting something especially quitting fast.


Reminds me of a quote about entrepreneurs where the best ones fail quickly and often.
by White Coat Investor
Fri Apr 14, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 55
Views: 5836

Re: Anyone else decided not to finish med school?

We have some friends whose son went to medical school. He finished the first year, and started into the second year when he decided to not pursue it anymore, for a few reasons (among them amount of debt needed to finish, and the impact to time with spouse, realizing that he won't make tons of money...
by White Coat Investor
Thu Apr 13, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Met with FA last wk (Garrett Network)
Replies: 3
Views: 569

Re: Met with FA last wk (Garrett Network)

I think the "second opinion" is one of the best and most cost-effective ways to use a financial advisor. I wish more investors got second opinions.
by White Coat Investor
Thu Apr 13, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Im new, Im reading "the Book". Question for my kids....
Replies: 27
Views: 2092

Re: Im new, Im reading "the Book". Question for my kids....

Read "Make Your Kid A Millionaire."

My kids have three accounts:
529s: College
UGMA: for their 20s fund
Roth IRA: for all their earned income

All are invested aggressively.
by White Coat Investor
Thu Apr 13, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: 529/son got accepted to medical school whahoooo!
Replies: 30
Views: 3152

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

Hope he likes it as much as you like having a son as a doctor. I would argue that having enough in a 529 to pay for med school is a result of you being a high earner yourself. Very few people can invest their way into a $250K+ 529. At any rate, it's great for both of you that you're in this situatio...
by White Coat Investor
Thu Apr 13, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: Car Breaks Down on Long Road Trip
Replies: 55
Views: 4398

Re: Car Breaks Down on Long Road Trip

Stuff happens, but I would never leave on such a road trip with a vehicle I did not consider to be reliable or concerned me about breakdowns. It is time to put such a vehicle out to pasture. Ahhh....live a little. I had an SUV break down on a road trip to Vegas, just as we pulled on to the freeway....
by White Coat Investor
Thu Apr 13, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: How do I know if I am filing my taxes correctly?
Replies: 39
Views: 2728

Re: How do I know if I am filing my taxes correctly?

I don't really think ANYONE does it all correctly, but I figure the mistakes in my favor and the mistakes in the IRS's favor probably even out over the years. I've filed plenty of 1099Xs (usually when I do my taxes the next year and realize I screwed them up last year.) Occasionally the IRS itself f...
by White Coat Investor
Wed Apr 12, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Car Breaks Down on Long Road Trip
Replies: 55
Views: 4398

Re: Car Breaks Down on Long Road Trip

Stuff happens, but I would never leave on such a road trip with a vehicle I did not consider to be reliable or concerned me about breakdowns. It is time to put such a vehicle out to pasture. Ahhh....live a little. I had an SUV break down on a road trip to Vegas, just as we pulled on to the freeway....
by White Coat Investor
Wed Apr 12, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: Car Breaks Down on Long Road Trip
Replies: 55
Views: 4398

Re: Car Breaks Down on Long Road Trip

If one is vacationing via a long road trip and has a car full of passengers and things, what is the best strategy for dealing with a car break down that will allow the trip to continue and will also deal with the disabled vehicle? Assume: - SUV completely filled with 6 passengers and their things. ...
by White Coat Investor
Wed Apr 12, 2017 3:35 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 171
Views: 26700

Re: USAA 2.5% Cash Back Credit Card

Didn't work for me. I can see the terms for the card by searching limitless on the site, but I can't actually apply for it. It says this when I click the apply now button: This online-only credit card offer isn't currently available in your state. Please check our credit card page over the next few ...
by White Coat Investor
Wed Apr 12, 2017 2:35 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 171
Views: 26700

Re: USAA 2.5% Cash Back Credit Card

Hi, sorry, just checking back because I wanted to let people know they use Equifax for the credit check so I had to unfreeze our credit through them. I was approved the next business day. To see the offer, I went to the app, chose the "Products" shopping bag icon on the home page, chose B...
by White Coat Investor
Wed Apr 12, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Wouldn't you know, Fell off ACA subsidy cliff!!
Replies: 17
Views: 2228

Re: Wouldn't you know, Fell off ACA subsidy cliff!!

Currently finishing 2016 taxes. We received about $600/mo. ACA subsidy for the last 5 mos. of 2016. Everything looked good until I checked yes that our son who is a dependent college student is required to file a federal return due to him having $2200 of unearned income ($150 above limit for not fi...
by White Coat Investor
Wed Apr 12, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Must file late 5500-Ez - is this DIY?
Replies: 13
Views: 919

Re: Must file late 5500-Ez - is this DIY?

The 5500 EZ is certainly do it yourself. I filed mine for the first time this year. It's only two pages and Vanguard sent me everything I needed to fill it out. Whether the older ones are a do it yourself project or not, it's hard to say, but I'd probably try it. That said, I do a lot of things myse...
by White Coat Investor
Sun Apr 09, 2017 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Medical School Loans - Repayment Options
Replies: 14
Views: 1374

Re: Medical School Loans - Repayment Options

I’m trying to help a family member figure out the best possible approach to managing his students loans. Below are the relevant facts: - Total loan balance, including interest, is $161,000. Of that amount, $4,000 is a Perkins Loan, and the remaining amount is made up entirely of Direct Subsidized a...
by White Coat Investor
Sat Apr 08, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Few questions to those who switched to Ally Checking
Replies: 69
Views: 5315

Re: Few questions to those who switched to Ally Checking

I just noticed Ally Checking has %0.6 interest, so I am considering getting rid of Citi & Chase and going with Ally, completely. Few questions I have are as following Do you ever have a situation where mobile deposit isn't accepted and they ask you to mail it in, if so how long does it take for...
by White Coat Investor
Sat Apr 08, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: Cold weather family summer vacation ideas
Replies: 24
Views: 1774

Re: Cold weather family summer vacation ideas

Moved to Dallas 8 years ago. Don't care for the summer heat. Pool at the house thankfully solved 90% of my "issues" but I try to take family (kids 11 and 8) on vacations where heat is not a problem. Here is what I've done past several years that worked: Olympic nat'l park Rainier (snow ) ...

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