Search found 2038 matches

by am
Sun Jul 24, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: What type of new driveway should I get?
Replies: 21
Views: 2224

Re: What type of new driveway should I get?

Brick pavers if done right is beautiful but pricey. Never get tired of looking at it and it has survived two winters without a scratch.
by am
Fri Jul 22, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Question about FERS retirement
Replies: 24
Views: 2494

input wanted from va physicians

I have a potential gov. Job available in the near future. I am wondering if the retirement beats the current 401k with 6% match for total of about 33k. As a physician with a salary of 250k or so, how much can I expect for pension after working 10'years? Is there also a 401k type match on top of tha...
by am
Thu Jul 21, 2016 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Question about FERS retirement
Replies: 24
Views: 2494

Re: Question about FERS retirement

Any docs on here work at the va? How have you liked it especially if you switched from the private sector? Is it worth taking the pay cut and less time off to have a more regular schedule, less liability, and less production pressure?
by am
Sun Jul 17, 2016 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Expense ratio question for fund in 457b
Replies: 2
Views: 189

Re: Expense ratio question for fund in 457b

Is there a way to see how much assets are In the plan?
by am
Sun Jul 17, 2016 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Expense ratio question for fund in 457b
Replies: 2
Views: 189

Expense ratio question for fund in 457b

My employers non gov 457b uses Fidelity institutional 500 index as one of the funds. Can I assume that there is at least 5,000,000 invested or does Fidelity allow access to this share class to employers regardless of funds invested? There are funds available from Vanguard and Fidelity which are not ...
by am
Fri Jul 15, 2016 12:27 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 117
Views: 8432

Re: Fidelity lowers expense ratio of some index funds

And the correlation between the new total international fund and the old large cap international will be .99. There will be no significant difference In returns.
by am
Fri Jul 15, 2016 12:22 pm
Forum: Personal Consumer Issues
Topic: Retired a year - big loss [ :) ]
Replies: 25
Views: 4886

Re: Retired a year - big loss [ :) ]

You should focus on health, happiness and living life while you are working and accumulating assets. This should continue into retirement (except for the accumulating assets part). :sharebeer Congrats on retirement and losing weight!
by am
Tue Jul 12, 2016 6:54 pm
Forum: Investing - Theory, News & General
Topic: Valuations and market timing, and the current CAPE 10
Replies: 88
Views: 8341

Re: Valuations and market timing, and the current CAPE 10

I am not sure I understand how sometching like future market returns can be predicted within a range by something like CAPE 10? After all, how accurately can you predict human behavior with a calculation? Does the majority really buy stocks thinking about profits, earning, and if they are "over...
by am
Tue Jul 12, 2016 6:48 pm
Forum: Investing - Theory, News & General
Topic: Valuations and market timing, and the current CAPE 10
Replies: 88
Views: 8341

Re: Valuations and market timing, and the current CAPE 10

What I recommend for individual investors is different than I do myself because I have more knowledge and understand that timing can be wrong for long time, but I don't confuse strategy with outcomes. Most individuals don't have the knowledge/patience to do that. So I simply suggest they rebalance....
by am
Wed Jul 06, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 514
Views: 282712

Re: Mango prepaid card - 4.8% (effective) APY

I am thinking of activating a card for myself but have been reading a lot of negative posts about people not getting interest, not being able to ACH money out, nasty emails about taking advantage of the system by doing bank to bank transfers instead of direct deposit, etc. if I open a card for mysel...
by am
Mon Jul 04, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Bmo Harris $500 bonus
Replies: 7
Views: 1127

Re: Bmo Harris $500 bonus

Seems like 10K in the MM for 3 months and $200 may be worth it? Not sure I want to have my check go there for 3 months?
by am
Mon Jul 04, 2016 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity's new funds
Replies: 7
Views: 732

Re: Fidelity's new funds

For practical purposes the funds will have almost similar return. The 10% or so of small caps shouldn't make much of a difference. Not sure I will switch from the all large cap fund to the new index fund.
by am
Sun Jul 03, 2016 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Bmo Harris $500 bonus
Replies: 7
Views: 1127

Bmo Harris $500 bonus

Anyone else get a flier for $500 bonus for opening checking and money market? The money market is $200 dollars for keeping 10k for 3 months. For checking 2 deposits of paycheck, SS or pension. I was wondering if an ach transfer from my Chase account would qualify? Any fees to watch out for?
by am
Sat Jul 02, 2016 4:06 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 117
Views: 8432

Re: Fidelity lowers expense ratio of some index funds

How come vanguard hasn't updated lower fidelity expense ratios on log in page?
by am
Sat Jul 02, 2016 4:03 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 13027

Re: What do you spend your money on???

Travel, eating out, house improvements, kids camps.
by am
Sat Jul 02, 2016 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Money vs. Happiness
Replies: 94
Views: 10885

Re: Money vs. Happiness

As I get older (40s) I realize more and more that you have to make your current situation as good as possible. Tomorrow is not guaranteed and a lot of things can go wrong. You would still have more than enough somewhere you are happy, especially as you've found bogleheads.
by am
Thu Jun 30, 2016 9:44 pm
Forum: Investing - Theory, News & General
Topic: Netspend rate drop
Replies: 1
Views: 323

Re: Netspend rate drop

Insight visa x 2 for myself and spouse. Anything else worth doing out there?
by am
Wed Jun 29, 2016 9:21 pm
Forum: Personal Consumer Issues
Topic: Visiting Denver soon
Replies: 9
Views: 793

Visiting Denver soon

I will be visiting Denver soon with small kids for a week. Can someone please recommend sites to see and any restaurants they like? We would also like to take a road trip to Wyoming, We hate driving on mountain roads without rails, so would like to know if it is possible to avoid those? Thanks.
by am
Wed Jun 29, 2016 8:13 pm
Forum: Investing - Theory, News & General
Topic: T-Mobile free stock for customers
Replies: 24
Views: 3004

Re: T-Mobile free stock for customers

Went online to claim my stock but told me offer has expired. Was this a onetime gift?
by am
Tue Jun 28, 2016 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 33
Views: 3317

Re: Switching to Fidelity's new Total International Index (includes small cap!)

I think Fidelity has a 3 month redemption fee for the Fsgdx/Fsgdx. Anyone know how to avoid it if switching to the new fund? How is the ER?
by am
Mon Jun 27, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Question on tax savings on 457b
Replies: 4
Views: 227

Re: Question on tax savings on 457b

Wow good deal. 18k in contributions would cost me 11,385 in take home pay difference in my state at my fed. bracket. For AA2 rated employer, seems like it may be worth it to max it out? Not sure how much I can trust Moody's?
by am
Mon Jun 27, 2016 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Question on tax savings on 457b
Replies: 4
Views: 227

Re: Question on tax savings on 457b

So tax savings on a non gov 457b are federal marginal bracket + state?
by am
Mon Jun 27, 2016 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Question on tax savings on 457b
Replies: 4
Views: 227

Question on tax savings on 457b

Is the pretax deduction for 457b federal + state + Medicare and ss? If so, than the tax savings for me would be close to 40% since I've exceeded SS max already. Thanks.
by am
Sun Jun 26, 2016 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: non-gov 457b with A- credit rating?
Replies: 2
Views: 236

Re: non-gov 457b with A- credit rating?

I contribute to my non gov 457b aa rated employer with great investment options and distribution options to 20 yrs. Credit risk is negligible but I do not max it out. I try to place 10% or less of total annual savings into it each yr because that is what I feel comfortable with. At the 33% bracket i...
by am
Wed Jun 22, 2016 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Insight visa prepaid question
Replies: 1
Views: 200

Insight visa prepaid question

I am getting ready to set this up for the wife and me. I have not seen any articles on this like there are for Mango and netspend. Does it work like the netspend as far as avoiding inactivity fees? Are there any other things to watch out for? As far as I know, it is still 5% savings for 5k per socia...
by am
Tue Jun 14, 2016 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with my non-gov 457?
Replies: 15
Views: 854

Re: What to do with my non-gov 457?

I would spread out distributions over 20 yrs. There is practically no credit risk in your case and tax deferred growth will always beat taxable imvesting. You will come out ahead by keeping money in 457b.
by am
Mon Jun 06, 2016 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Questions about FERS retirement
Replies: 3
Views: 549

Questions about FERS retirement

I am considering a government job. I know they increased the pension contributions to 4.4% every pay period. Is there a way to see the cash value of these contributions on a website? Is there an interest component that gets added? Can you get all your contributions back and rollover to an Ira if you...
by am
Tue May 31, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Any problems with netspend
Replies: 63
Views: 5497

Re: Any problems with netspend

I've got 10 of them and it really sucks!!! But the good new is that I will keep 1k in each account and still get 500 bucks at the end of the year. Hard to do better on 10k.

Can someone check if us old timers are grandfathered in to the 5% rate for the entire 5k? And also now what?
by am
Sat May 28, 2016 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Any thoughts as to what makes good "retirement jobs"?
Replies: 21
Views: 2047

Re: Any thoughts as to what makes good "retirement jobs"?

Try to avoid the usual Doctor mistakes of the McMansion, vacation homes, >1 wife, "skilled" stock picker adviser, real estate and business investments outside of your comfort zone, etc. Than be a faithful boglehead with an MD income, relatively low expenses and maxing out retirement vehicl...
by am
Sat May 28, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2511

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA? This is a very complex issue....
by am
Sat May 28, 2016 12:18 pm
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2511

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA? So far efforts to reduce the ...
by am
Fri May 27, 2016 11:49 am
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2511

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA? This is a very complex issue....
by am
Fri May 27, 2016 10:27 am
Forum: Personal Finance (Not Investing)
Topic: First Milestone
Replies: 11
Views: 1110

Re: First Milestone

Congrats, your way ahead of most people living in this country and setting yourself up for a great retirement.
by am
Fri May 27, 2016 10:23 am
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2511

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA?
by am
Tue May 24, 2016 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp: How long do you trust your company?
Replies: 49
Views: 4567

Re: Deferred Comp: How long do you trust your company?

I work for a nationally known academic hospital with high credit rating. I think the odds of insolvency are much lower than many other risks involved with investing. If I change jobs, I will take the entire payout at once, withhold taxes and "rollover" to taxable. Few downsides with tax s...
by am
Sun May 22, 2016 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Exclusivity and Real Estate Agents. Agree or Disagree?
Replies: 58
Views: 3732

Re: Exclusivity and Real Estate Agents. Agree or Disagree?

Most buyers agents will want you to be exclusive with them. If you find someone you like then this shouldn't be an issue. I definitely agree that you do not want 1 agent representing the seller and buyer. Just use Redfin and save money. With the Internet and MLS available, agents offer little benef...
by am
Sun May 22, 2016 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp: How long do you trust your company?
Replies: 49
Views: 4567

Re: Deferred Comp: How long do you trust your company?

I work for a nationally known academic hospital with high credit rating. I think the odds of insolvency are much lower than many other risks involved with investing. If I change jobs, I will take the entire payout at once, withhold taxes and "rollover" to taxable. Few downsides with tax sa...
by am
Sat May 21, 2016 11:07 am
Forum: Investing - Help with Personal Investments
Topic: is it worth it to add REITs to my simple 3 fund portfolio?
Replies: 24
Views: 1353

Re: is it worth it to add REITs to my simple 3 fund portfolio?

You don't need REITs. Keep it simple. You'll have 401k, iras, taxable,HSA etc. 3 funder makes it easy to keep your allocation across accounts, REIT valuations are high now and expected returns much lower. Plus, as others have said, they you own them already!
by am
Thu May 19, 2016 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Any problems with netspend
Replies: 63
Views: 5497

Re: Any problems with netspend

I hope netspend lasts because I chose to open 10 accounts! Hope it isn't to bad to unwind those accounts. Than I can chase the rewards checking or maybe I will have leaned my lesson by than.
by am
Thu May 19, 2016 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

letsgobobby wrote:10% of all docs (in this survey) have net worth > $2M by age 40.



What does it mean? Inheritance, no debt with high paying specialty, save a ton and live frugally, lieing. There is no verification but at least the survey gives a rough idea.
by am
Thu May 19, 2016 9:36 am
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 202
Views: 25291

Re: guaranteed 5% vs stocks?

I opened an Ally account for purposes above. if these prepaid cards give you the jitters there's always rewards checking accounts that pay 3%. Of course these prepaid cards promising 5% interest in a world where few banks offer better than 1% and their promised interest in an "FDIC-insured acc...
by am
Mon May 16, 2016 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

Forgot to mention the irregular hours and how it takes me away from family and kids activities. The work day sucks for me as I have practically no breaks (sweatshop conditions), particularly on call which some would describe as Inhumane conditions. Oh, and if I speak up, there is a good chance that ...
by am
Mon May 16, 2016 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

If you hang out in a doctors' lounge or dining room, you will soon realize the new status symbol is the ability to retire early or when you choose. The parking lot is not a place for status symbols. Agreed. I don't see many folks in awe of the new Bentley in the parking lot. The big wow factor is &...
by am
Sat May 14, 2016 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

The amounts saved my many MDs here is not typical. For one, most MDs are primary care which typically make under 200k. Next, they are posting here on bogleheads which says a lot. Third, I am not sure the indebted divorced 45 y/o Cardiologist with a vacation home is going to post saying how he has a ...
by am
Thu May 12, 2016 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

39 y/o, procedure oriented specialist. 8 years out of training Taxable and investment accounts 3.5 million, goal is 5 million and then start to work part time Save 85% of after tax income each month and invest in index funds. Live well below my means. Do all my own car repairs and home repairs whic...
by am
Thu May 12, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

39 y/o, procedure oriented specialist. 8 years out of training Taxable and investment accounts 3.5 million, goal is 5 million and then start to work part time Save 85% of after tax income each month and invest in index funds. Live well below my means. Do all my own car repairs and home repairs whic...
by am
Thu May 12, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

42 Retirement savings + cash= 820k, house equity 650k, college accounts 180k, zero debt Goal= 2.5 mil (3 would be better), have pension 20k with cola at 62 (poorly funded state), SS at 62 than 1/2 wife a few years later Feel like I am miles away. By no means do I feel like I am wealthy even though a...
by am
Thu May 12, 2016 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23811

Re: Physician Retirement Savings

You should really focus on your own savings instead of comparing to other MDs who's circumstances may be entirely different. Save, invest and spend the best way you can and hope for the best. Not sure how telling you I'm 35 with 1 mil or 50 with 10 mil will help you? My retirement plans may be signi...
by am
Tue May 10, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: More House or More Investing?
Replies: 25
Views: 2770

Re: More House or More Investing?

You should get the cheapest house possible that meets your needs. As others have said, this is a consumption item and a money sink. The more house you have, the more money you spend on mortgage, taxes, upkeep, furnishing, etc. In most areas, the more expensive the house, the tougher it is to unload ...
by am
Tue May 10, 2016 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Another 529 question
Replies: 14
Views: 1966

Re: Another 529 question

Most pay no where near the full price tag for college, keep that in mind. Not to mention that your kid may get a scholarship.

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