Search found 540 matches

by climber2020
Thu Feb 11, 2016 1:00 am
Forum: Investing - Theory, News & General
Topic: Are index funds a guaranteed return?
Replies: 8
Views: 467

Re: Are index funds a guaranteed return?

Maybe. No one knows.
by climber2020
Wed Feb 10, 2016 6:40 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) getting killed
Replies: 52
Views: 4782

Re: 401(k) getting killed

In that case, it's all about market conditions when you put in the bulk of your money, and market conditions when you pull out the bulk of your money. You can't really rely on a meaningful return even after many years. I would be much more nervous if I were in a situation where I invested my entire...
by climber2020
Tue Feb 09, 2016 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) getting killed
Replies: 52
Views: 4782

Re: 401(k) getting killed

The best thing to do right now might be to read some books on this topic and educate yourself so you understand why, at age 30, this is a great thing and why you should hope it gets worse.

https://www.bogleheads.org/readbooks.htm
by climber2020
Sat Feb 06, 2016 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: The $250,000 Question
Replies: 19
Views: 4161

Re: The $250,000 Question

Dimitri wrote:I don't want to lose my money. I have had plenty of experience doing that. Most of our 401k and IRA funds are sitting in money market or equivalent accounts these days.


Those accounts will still lose money. Inflation.
by climber2020
Fri Feb 05, 2016 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Filing taxes for free in 2016
Replies: 20
Views: 1309

Re: Filing taxes for free in 2016

So I just looked at https://www.taxact.com/ and they've gone to a tiered model a-la TurboTax with only 1040EZ/A being free. Any other reliable options for itemized returns out there besides doing taxes by hand? My state has free online filing, so I never have to pay for state anyway. FreeTaxUSA. Fu...
by climber2020
Thu Feb 04, 2016 10:45 pm
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 64
Views: 5585

Re: Anyone travel without hacking?

Is there perhaps a silent majority of people who travel without using credit card bonuses? I don't. I'm not particularly fond of spending my free time scouring credit card deals and then having to keep track of all these cards once acquired. I have several friends who love doing this, but I agree w...
by climber2020
Thu Feb 04, 2016 9:07 pm
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6037

Re: Sibling's destination wedding?

What about the honeymoon? Does the couple end up spending it with family (in-laws), nieces & nephews? Maybe pointing this out to the sibling will change their mind on a destination wedding? I hope the OP can sit down and really talk to his sibling about his concerns. There should be a workable ...
by climber2020
Thu Feb 04, 2016 12:42 pm
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6037

Re: Sibling's destination wedding?

I'm currently the prospective groom in a future destination wedding, so I can provide some insight on why we chose to go this route. As I see it, there are only three choices: none of us attend, I attend alone, or I attend with my wife and children. Go by yourself, or if it's a huge money issue then...
by climber2020
Wed Feb 03, 2016 9:38 am
Forum: Investing - Theory, News & General
Topic: Taxable Accounts
Replies: 4
Views: 532

Re: Taxable Accounts

An account at a financial institution that is not tax protected/tax advantaged in any way. It's just an imaginary box like all the other imaginary boxes that you can fill up with mutual funds or whatever, and each year you pay taxes on the dividends and capital gains produced within the account. Whe...
by climber2020
Tue Feb 02, 2016 3:03 pm
Forum: Personal Consumer Issues
Topic: Unwinding day old terrible car deal for mother-in-law
Replies: 186
Views: 15733

Re: Unwinding day old terrible car deal for mother-in-law

Rodc wrote:
Or you just have her make no payments, car gets repossessed, her credit gets worse (makes it less likely for this to happen again, perhaps) and you all move on. While painful this might be the best course of action.


Is this option still on the table?
by climber2020
Tue Feb 02, 2016 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: question [Advisor suggests dividend paying funds/stocks]
Replies: 12
Views: 542

Re: question

A financial advisor told my friends dad that he can get him 60-70K a year off of his 1 million invested through dividend paying funds/stocks. He plans on living off of this 60-70K a year without touching the principal. Doesnt make sense to me as I have never seen such high dividend yields. I am new...
by climber2020
Tue Feb 02, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Physician buying an 850k vs 1.25m house
Replies: 54
Views: 5097

Re: Physician buying an 850k vs 1.25m house

cam156 wrote:starting my dream job in the near future.


You don't actually know that yet.
by climber2020
Mon Feb 01, 2016 7:28 am
Forum: Personal Consumer Issues
Topic: Best place to travel July/August for 1-2 weeks?
Replies: 15
Views: 1555

Re: Best place to travel July/August for 1-2 weeks?

The summer after residency, I did a month long vacation in Australia through Contiki. It was one of the best vacations I've ever done, and I wish I had stayed longer. Weather was nice; warm, but not too hot. Unless you change jobs, it will be very difficult to get 2 consecutive months off once you s...
by climber2020
Tue Jan 26, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: Refrigerator replacement
Replies: 23
Views: 1676

Re: Refrigerator replacement

Thanks for sharing your experience. Did this replace an older model and, if so, did you notice any change in your electricity usage? According to the sticker on the fridge, this model is more efficient than the previous 7 year old one that I used before. The old one was about 7 cubic feet smaller a...
by climber2020
Tue Jan 26, 2016 1:15 pm
Forum: Personal Consumer Issues
Topic: Refrigerator replacement
Replies: 23
Views: 1676

Re: Refrigerator replacement

I bought this one back in the fall and have been very happy with it:

http://www.sears.com/kenmore-25.2-cu-ft-side-by-side-refrigerator/p-04641152000P?prdNo=15&blockNo=15&blockType=G15

I wanted something basic with no icemaker and as few moving parts as possible.
by climber2020
Mon Jan 25, 2016 3:25 pm
Forum: Personal Consumer Issues
Topic: Dinner Ideas
Replies: 57
Views: 4651

Re: Dinner Ideas

This website has several easy to make recipes for the budget conscious:

http://www.budgetbytes.com/

My favorite so far is the curried chick peas dish.
by climber2020
Sat Jan 23, 2016 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus vs TurboTax vs H&R Block for 2015
Replies: 77
Views: 5001

Re: TaxAct Plus vs TurboTax vs H&R Block for 2015

Does the H&R Block free online version include the full 1040 form, or has the free version been crippled like TurboTax and TaxAct? I looked on H&R Block's website but can't really tell.
by climber2020
Fri Jan 22, 2016 10:13 am
Forum: Personal Consumer Issues
Topic: Nutritional supplements - beware
Replies: 38
Views: 2564

Re: Nutritional supplements - beware

None of these are regulated by the FDA, so anyone can sell a pill marketed as a "nutritional supplement" without actually proving to anyone that the pill contains what it claims to contain.
by climber2020
Fri Jan 22, 2016 8:05 am
Forum: Local Chapters and Bogleheads Community
Topic: Hope everyone is well [Preparing for Eastern US blizzard]
Replies: 102
Views: 4993

Re: Hope everyone is well

If we can have thousands of posts on books we ought to be able to discuss what prudent measures one should make in order to prepare for a storm of this magnitude. People in the south love stocking up on bread, milk, and eggs for some reason. Why someone would want to buy three of the most perishabl...
by climber2020
Thu Jan 21, 2016 6:41 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 5184

Re: Going from 50/50 US/Int to All US

Hi everybody. As you can tell I am seriously thinking of changing my asset allocation from half international to 0 international. I am reading more and more people whose opinions I respect say that int is unnecessary. Would love to read your collective thoughts on this. I am mid 30s, single, about ...
by climber2020
Mon Jan 18, 2016 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Still considered "savings"?
Replies: 36
Views: 2795

Re: Still considered "savings"?

Say I'm saving 31% of my income monthly, however for the next few months I choose to pay off a CC bill with that full 31% each month. Theoretically I can still claim to be saving 31% of my income correct? I'm just investing it in reducing debt and promoting net worth? No. You're spending money now ...
by climber2020
Mon Jan 18, 2016 9:28 am
Forum: Personal Consumer Issues
Topic: Safety of new Corolla vs new Camry
Replies: 38
Views: 2419

Re: Safety of new Corolla vs new Camry

Leesbro63 wrote:Seriously and with all due respect, honestly, can you summarize that in plain English?


It means when the clown with low self esteem driving a Hummer hits you, you're more likely to get injured than he is.
by climber2020
Fri Jan 15, 2016 10:58 am
Forum: Personal Finance (Not Investing)
Topic: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it
Replies: 70
Views: 5828

Re: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it

Do it! In a few years you'll age out of Contiki, so take advantage of it while you can. Plus once you have kids, your international traveling days are pretty much over for a long while.
by climber2020
Wed Jan 13, 2016 11:01 am
Forum: Personal Finance (Not Investing)
Topic: First time home buyer resources
Replies: 8
Views: 475

Re: First time home buyer resources

A good realtor should be able to walk you through the whole process. I dealt with a few mediocre ones before finding a really good one who I ended up using to eventually buy the house. I looked around online as well, but the realtor was more helpful than anything I found on the internet. One key pie...
by climber2020
Mon Jan 11, 2016 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct 2015
Replies: 34
Views: 3517

Re: TaxAct 2015

Even the "free" version is severely limited this year. They created a plus version and a premium version. The free one won't even let me manually enter my HSA contributions to the underlying form. They changed their business model completely. Sucks for us. I'm wondering what to use this y...
by climber2020
Tue Dec 29, 2015 7:44 pm
Forum: Personal Consumer Issues
Topic: Cancun recommendations
Replies: 2
Views: 365

Re: Cancun recommendations

You could take a short boat ride to Isla Mujeres for the day. I actually liked it better than Cancun.
by climber2020
Sun Dec 27, 2015 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house with no money down
Replies: 77
Views: 5852

Re: Buying a house with no money down

1. What's your income?
2. How much is the house?
by climber2020
Fri Dec 25, 2015 8:24 pm
Forum: Personal Consumer Issues
Topic: Christmas Fail
Replies: 54
Views: 6651

Re: Christmas Fail

Walgreen's gives you a free CD with your photos. I guess that is supposed to take the place of the negatives. Walgreen's photo center does in-house (same day) all processing and printing of film except for 35 mm . That is sent out. When I dropped off the exposed film and saw the notice "your n...
by climber2020
Fri Dec 25, 2015 8:15 pm
Forum: Personal Consumer Issues
Topic: Uncomfortable gift situations
Replies: 27
Views: 3040

Re: Uncomfortable gift situations

In order of preference: return for cash > sell on Craigslist > in the donation pile for goodwill.

I always thank the person, but promptly get rid of it within the next few weeks.
by climber2020
Wed Dec 23, 2015 1:25 pm
Forum: Personal Consumer Issues
Topic: Cataract billing issue - anesthesiologist
Replies: 54
Views: 4222

Re: Cataract billing issue - anesthesiologist

One of my most interesting cases in residency was from a cataract case at an outpatient surgical center. It was being done with some moderate sedation and a retroorbital block. Somehow the marcaine got up the optic nerve (or up the optic artery) to the brainstem. The patient was seizing, his temper...
by climber2020
Wed Dec 23, 2015 1:18 pm
Forum: Personal Consumer Issues
Topic: [Looking for new family room] Furniture
Replies: 23
Views: 1539

Re: Furniture

I recently bought a Flexsteel fabric sofa, and it is great. I can't personally attest to its longevity, but from what I've read on Bogleheads and elsewhere, these things are supposed to last a very long time. I got the 3 cushion Digby model for under a thousand dollars, which is less than the last P...
by climber2020
Wed Dec 23, 2015 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Advice on when and how much house I should buy as a new attending MD
Replies: 20
Views: 1952

Re: Advice on when and how much house I should buy as a new attending MD

Welcome! I agree with the other posters about checking out White Coat Investor. There are a few articles there that specifically address the housing question you are asking. Buying a house straight out of training or even only one year out of training is a gamble. That 8-15% you may save by buying a...
by climber2020
Tue Dec 22, 2015 7:47 pm
Forum: Personal Consumer Issues
Topic: Cataract billing issue - anesthesiologist
Replies: 54
Views: 4222

Re: Cataract billing issue - anesthesiologist

That sounds about right. Aren't cataract surgeries about 15 minutes apiece? Depends on the surgeon. I've seen them go as fast as 5 minutes and some surgeons routinely take half an hour. There is a lot of preparation though, including properly measuring the eyeball ahead of time so the patient doesn...
by climber2020
Tue Dec 22, 2015 1:15 pm
Forum: Personal Consumer Issues
Topic: Cataract billing issue - anesthesiologist
Replies: 54
Views: 4222

Re: Cataract billing issue - anesthesiologist

I was not aware that such surgery even required an anesthesiologist. I thought (perhaps wrongly) that this was normally done with sedation or similar and you were awake during the process. Did/does your wife have some complex medical/health issues that required this? Why did the eye surgeon bring i...
by climber2020
Wed Dec 16, 2015 1:08 pm
Forum: Personal Consumer Issues
Topic: Coffee maker
Replies: 28
Views: 2211

Re: Coffee maker

I have a Cuisinart 4 cup coffee maker (the one with the stainless steel carafe) that has been used daily for 6 to 7 years and counting. Still works like it did on day one.
by climber2020
Sun Dec 13, 2015 10:25 pm
Forum: Investing - Theory, News & General
Topic: Should I follow Jack Bogle in "I don't do International"
Replies: 90
Views: 7390

Re: Should I follow Jack Bogle in "I don't do International"

Recently there was an interview with Jack Bogle on Morningstar regarding investing in international equities. Bogle states in this interview that he does not invest in international equities with the uncertainty in the world economy. "What are you buying?" - Bogle notes that people invest...
by climber2020
Thu Dec 10, 2015 7:12 pm
Forum: Personal Consumer Issues
Topic: Advice for Encouraging Parents to Declutter Home?
Replies: 38
Views: 2548

Re: Advice for Encouraging Parents to Declutter Home?

My in-laws are hoarders, in contrast to what has been described here, and the situation is much more dire to the point of being a health hazard. About 10 years ago I spent a solid week helping them empty out one room of their basement, just the tip of the clutter iceberg, resulting in a massive pil...
by climber2020
Tue Dec 08, 2015 11:19 am
Forum: Personal Consumer Issues
Topic: Serta iComfort / Tempurpedic - Buying a Mattress
Replies: 40
Views: 2926

Re: Serta iComfort / Tempurpedic - Buying a Mattress

Why did you pick Serta iComfort over Tempurpedic or Tempurpedic over iComfort? I tried both and liked the Tempurpedic more. Did you spend the extra money and purchase the adjustable foundation/box spring? Are you happy you did? No. Mattress sits on the floor. Eventually I'll get a platform bed fram...
by climber2020
Mon Dec 07, 2015 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: making the most of a $1.5M portfolio
Replies: 9
Views: 1334

Re: making the most of a $1.5M portfolio

If you were single, 48, and wanted around 70K (at least) a year for the rest of your life, what might you do given this portfolio? Total assets: $1,549,242.93 I think with those numbers, the best option would be to keep working and add to the retirement pot. Based on my limited knowledge from what ...
by climber2020
Sun Dec 06, 2015 9:58 am
Forum: Personal Consumer Issues
Topic: Travel camera (s?)
Replies: 23
Views: 1515

Re: Travel camera (s?)

I've looked at everything out there and eventually came to the conclusion that if it doesn't fit comfortably in my pocket, then I'm less inclined to use it. If I want a zoom, I take my RX100. I have the original one and it's still going strong after 3 and a half years of heavy use. The newer version...
by climber2020
Sat Dec 05, 2015 9:32 pm
Forum: Personal Consumer Issues
Topic: Transfer photos from ipad to imac
Replies: 11
Views: 626

Re: Transfer photos from ipad to imac

Then no, probably not. If anything, the extra resolution of the iMac may actually make your photos look worse.
by climber2020
Sat Dec 05, 2015 7:10 pm
Forum: Personal Consumer Issues
Topic: Transfer photos from ipad to imac
Replies: 11
Views: 626

Re: Transfer photos from ipad to imac

What camera did you shoot the pictures with?
by climber2020
Thu Dec 03, 2015 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Doctor Strategies
Replies: 74
Views: 9295

Re: Doctor Strategies

Also, what experience do you guys have with investing in surgery or imaging centers? People seem to discourage this, but I am not entirely sure why. I know a lot of docs who have had success with these types of investments. It's up to you. If the money is worth your time and risk, then go for it. D...
by climber2020
Wed Dec 02, 2015 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Doctor Strategies
Replies: 74
Views: 9295

Re: Doctor Strategies

Get some good own-occupation disability insurance, especially if you're a surgeon.

Other than that, we're pretty much the same as everyone else. One aspect of my life that has helped me immensely from a financial perspective is that I don't hang out with a lot of other doctors.
by climber2020
Mon Nov 30, 2015 7:15 am
Forum: Personal Consumer Issues
Topic: Iphone 6S case
Replies: 21
Views: 1783

Re: Iphone 6S case

Why anyone would not buy a case is beyond me. We don't even use ours until they're in an impact-proof, water-proof, sand-proof container. Then I tuck them into my wetsuit and take them to some wild places as they're the most durable camera I can find. In general I hate cases, but I recently got a 6...
by climber2020
Sun Nov 29, 2015 5:04 pm
Forum: Personal Consumer Issues
Topic: Nice house vs traveling
Replies: 78
Views: 5968

Re: Nice house vs traveling

My individual income is more than double your household income, and I would never even consider buying a house in that price range. When I did buy a house recently, I didn't even consider houses that were half of that price range.
by climber2020
Fri Nov 27, 2015 8:25 pm
Forum: Personal Consumer Issues
Topic: How do high earners get rid of their junk?
Replies: 59
Views: 8880

Re: How do high earners get rid of their junk?

Anything I feel I can sell goes on Craigslist. I have people meet me at my office during business hours, so if anyone decides to rob me they'll have to do it in front of 50 witnesses. Everything else goes to Goodwill or the garbage can. I eventually want to get on ebay to sell some old video games t...

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