Search found 1200 matches

by daveydoo
Mon Apr 30, 2018 12:45 am
Forum: Personal Consumer Issues
Topic: 3 days in London - must dos?
Replies: 31
Views: 1877

Re: 3 days in London - must dos?

Specifically I enjoy shopping... You must go to Harrods -- at least to see the Ferraris double-parked out front. A few years back, my then-middle-schooler asked to see an interesting skeletonized watch in a display case -- and before I could even turn around, the nice woman behind the counter put o...
by daveydoo
Wed Apr 25, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3391

Re: How to be a good executor to family

For household "stuff", I think it's better if you can put off distributing it until everyone can get together. People can draw straws to pick something first, they can assign $$ or points to items and "bid" on them, or whatever other process you/they decide on. Having the executor decide and announ...
by daveydoo
Wed Apr 25, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3391

Re: How to be a good executor to family

I could write for an hour about this. First, so sorry about your loved one. Be painfully transparent . Annoyingly, stupefyingly transparent. I used my emails to relatives as my log book, and even said that much of this detail is for my benefit (i.e., for my records). I also set up an estate Gmail ac...
by daveydoo
Mon Apr 23, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: Selling a car: how to get paid?
Replies: 69
Views: 5453

Re: Selling a car: how to get paid?

Almost all buying and selling on audio sites like audiogon, headfi, us-audiomart and others is done by paypal, often with higher prices than cars. There is almost no talk of cash/wire/checks of any kind. It works quite well with little fraud. PayPal takes 3%. PayPal is a subsidiary of eBay (right?)...
by daveydoo
Sun Apr 22, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: mutual funds or etfs, why each
Replies: 36
Views: 2638

Re: mutual funds or etfs, why each

I will buy ETF if I'm not at Vanguard, but in that case I usually don't have a choice between the two. I will consider ETF even at Vanguard if I can't meet the Admiral fund minimum easily. Some of the bond fund Admiral minimums are $50,000. +1 EDIT: Oh, and with the recent volatility, it has been m...
by daveydoo
Sun Apr 22, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Reits Rockymountain exposure
Replies: 2
Views: 230

Re: Reits Rockymountain exposure

Good thought. But if you're avoiding anything within hundreds of miles of the coast, you're talking Waterworld and way past end times.

OTOH, much of Florida is in real jeopardy, imo. We've posted here before about the tallest mountain in Florida :D
by daveydoo
Fri Apr 20, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 4925

Re: Factor in evaluating Physicians

It seems thread after thread is about finding a flaw about your physician. How many posts have I seen on this site about liking their doctor's care? The years I have spent on here has proven over and over this is a VERY biased message board against doctors. I have reason to be sensitive to this and...
by daveydoo
Fri Apr 20, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 4925

Re: Factor in evaluating Physicians

But when you are bought and paid for by a drug (or other) company, you are not objective. How is the patient suppose to know if his/her physician was "bought and paid for by a drug (or other) company"? 1210 That ProPublica link at the top of the thread would seem to be a great start! As others have...
by daveydoo
Fri Apr 20, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 9187

Re: NYT article: Everyone should hire a financial planner

I think forum members perhaps overestimate the overall population that has the type resources found on this forum. People of all walks have extensive knowledge about whatever their passion is -- off-road suspension, pistols, fishing, Broadway musicals, EDM, whatever. The financial "services" indust...
by daveydoo
Fri Apr 20, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 4925

Re: Factor in evaluating Physicians

Believe it or not, many pharma reps know more about a specific drug/disease then the HCP (especially ultra rare orphan drugs/diseases) - and the only sensible time to help educate them is at lunch. 90% of the reps out there aren't needed - but there are a few that truly help the HCP because they ca...
by daveydoo
Fri Apr 20, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 4925

Re: Factor in evaluating Physicians

But guess what? You want me to go speak to a group of docs? I expect to get paid too. You can get paid and not have a conflict. Give medical grand rounds somewhere and get an honorarium from the institution. Get invited to a national or international meeting and get an honorarium and hotel room fro...
by daveydoo
Fri Apr 20, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 8376

Re: “The Smell of Retiree Mon$y...”

...Once these groups learned they are in our will, because we mistakenly told them so, they began sending their bequeathing representatives by to talk to us and advise us of the poor and needy who need help....Now! One even honestly said ,when asked, you have more funds than you both will ever need...
by daveydoo
Fri Apr 20, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: So many problems I can't even figure out how to prioritize them
Replies: 27
Views: 2823

Re: So many problems I can't even figure out how to prioritize them

Water pressure regulator : Needed, apparently. From our home inspection before purchase, our water pressure is too high. Insulation : One wall of the house is at R2. Makes for a cold room and poor efficiency. Door weather stripping : Front door's weather stripping is missing. Heat escapes. Bathroom...
by daveydoo
Fri Apr 20, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 9187

Re: NYT article: Everyone should hire a financial planner

I always love how financial planners compare themselves to doctors and lawyers. You don't even need a high school diploma to be a "financial planner". +1. And unlike WebMD, you can learn about financial planning online and be better than your "advisor" in a remarkably short time. I had to explain t...
by daveydoo
Fri Apr 20, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Selling a car: how to get paid?
Replies: 69
Views: 5453

Re: Selling a car: how to get paid?

Cash. I have done this five or six times. Posted a few times about it. Always has been < $10K, but not by much a few times. Be prepared for the "this is all I have" -- the agreed price minus $500 (aka, the "two-pocket approach"). So know ahead of time what you will do when this happens. Caught me of...
by daveydoo
Thu Apr 19, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: What hedge strategies do you employ?
Replies: 29
Views: 2745

Re: What hedge strategies do you employ?

The other ultimate tilt would be to try to profit off the rising educational costs. Not sure that is possible though. But t would help offset paying for college. Student loans and for-profit colleges? :twisted: I think you mean the rising sticker price. No one pays that. Except suckers like me. :D ...
by daveydoo
Wed Apr 18, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: IT platform support for Telemedicine practice [edited subject]
Replies: 4
Views: 433

Re: IT platform support for Telegenetics practice

I would start with biggest hospital -- most have telemedicine infrastructure already or are just about to implement it. You would need to ensure compatibility. Also, if this is just a video chat, then no big deal (I mean, it's about as "telemedicine" as a phone call). But if it real telemedicine, th...
by daveydoo
Wed Apr 18, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Owning 3 vehicles
Replies: 27
Views: 2240

Re: Owning 3 vehicles

The one thing I don't like about owning 3 cars with 2 drivers is the insurance premium for the 3rd car is priced as though all 3 cars are being driven at the same time. The discount for the 3rd car is small. With 3 cars/2 drivers, only 2 can physically be driven at a time. Seems like the insurance ...
by daveydoo
Wed Apr 18, 2018 12:53 am
Forum: Personal Consumer Issues
Topic: Owning 3 vehicles
Replies: 27
Views: 2240

Re: Owning 3 vehicles

So, is owning 3 vehicles as I suggested a bad idea ? Of course not -- millions of households do that. You know your variables way better than any of us do. As for keeping that Prius, well, that's a separate (and very loaded) question... :D We have two commuter-ish vehicles and a ski/camp/bike/hike ...
by daveydoo
Tue Apr 17, 2018 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 83
Views: 7079

Re: Help me explain why pre-tax investing can help when retiring in same bracket

Oh, that's easy to show. Draw a stacked bar graph on a napkin -- with the y-axis as the income and stacked bars as the brackets for a) employed and b) retirement. Show the small bar at the marginal rate (= contribution) in the employed bar and the larger bar (= distribution) in retirement spanning m...
by daveydoo
Tue Apr 17, 2018 1:05 am
Forum: Personal Consumer Issues
Topic: Costco gas
Replies: 67
Views: 5837

Re: Costco gas

harrychan wrote:
Tue Apr 17, 2018 12:18 am
Never. My time is much more valuable than the $5-10 I save by waiting upwards of 15-20 min waiting in line for Costco gas.
Unfortuantely, my time is not. We love Costco gas and it's part of every trip (alas). The 100-gallon minimum is a killer, though. :D
by daveydoo
Tue Apr 17, 2018 1:01 am
Forum: Investing - Help with Personal Investments
Topic: What to do with gifted individual losers and gainers?
Replies: 14
Views: 944

Re: What to do with gifted individual losers and gainers?

Was gonna say that a gifted individual should be able to figure this out for himself, but I think I misinterpreted the title. :D
by daveydoo
Tue Apr 17, 2018 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 83
Views: 7079

Re: Help me explain why pre-tax investing can help when retiring in same bracket

Almost no one has a withdrawal marginal rate that is the same as their employed marginal rate, right? Unless they have a boatload of unearned/investment income or giant RMDs. In which case they can't have 100% of their assets in the Roth. I'm counting on my marginal rate in withdrawal being less. If...
by daveydoo
Mon Apr 16, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Human Touch WholeBody 7.1 Massage Chair review
Replies: 9
Views: 1245

Re: Human Touch WholeBody 7.1 Massage Chair review

Retirement, you say? Buy a treadmill, not a chair!

Do you really need an incentive to sit? :D
by daveydoo
Sun Apr 15, 2018 10:13 pm
Forum: Investing - Theory, News & General
Topic: What hedge strategies do you employ?
Replies: 29
Views: 2745

Re: What hedge strategies do you employ?

Clinical healthcare is recession proof, outside a few specialties like plastic surgery. There's always going to be a demand for doctors and nurses. We tilt away from biomedicine as a form of, uh, occupational hedging. The advancements here are in how not to deliver care -- so demand will not be the...
by daveydoo
Sun Apr 15, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Advice for daughter entering into college shared rental situation?
Replies: 17
Views: 1401

Re: Advice for daughter entering into college shared rental situation?

One of those new type operations common around universities where each roommate enters into an individual lease with the management company and pays a single monthly all-inclusive rental fee. DD did this without too much trouble, at a major midwest state university. Apart from the fact that it look...
by daveydoo
Sun Apr 15, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8477

Re: Should we save for our son's college?

However, a 529 plan is for wealthy people and HENRYs like you: You get a tax break for saving at least something for college expenses. Agree with most things you say but this is a misconception, imo. These plans were designed for -- and will benefit -- anyone who expects to pay anything for kids' c...
by daveydoo
Wed Apr 11, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Selling audio gear on ebay, 7-day auction or "30-day Buy it now"?
Replies: 20
Views: 1217

Re: Selling audio gear on ebay, 7-day auction or "30-day Buy it now"?

For selling vintage tech on eBay, I would do the 30-day "Buy-it-now" with automatic rollover. This has worked best for the old camera gear that I've sold over the years. Seven-day auction is best for the more commoditized items, imo. The one-offs my not even be noticed by your niche audience in a we...
by daveydoo
Wed Apr 11, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being unreasonable? [Send daughter to private kindergarten]
Replies: 70
Views: 4115

Re: Am I being unreasonable?

I have a slightly different impression of the value of kindergarten -- both my kids learned to read in their public half-day kindergarten and it was the best educational experience of their first decade -- but I also would not do the private route, even with lots of discretionary income. For perspec...
by daveydoo
Wed Apr 11, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Stock market investors on higher floors take more risks
Replies: 13
Views: 1768

Re: Stock market investors on higher floors take more risks

Higher floors are generally pricier real estate. Owned or occupied by those with more assets. Who, in turn, can afford to make riskier investments, just like on this forum.

I did not read the article.

There's a lot of these "associations" out there that have nothing to do with causation.
by daveydoo
Wed Apr 11, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: What to do with a dormant SEP IRA?
Replies: 6
Views: 506

Re: What to do with a dormant SEP IRA?

It is currently invested in Vanguard Total Stock Market Index Fund, but he had to go with Investor shares with the higher expense ratio (0.15%) than other investments he has in ROTH IRA (0.06%) or 401K(0.03%). Sure beats the money market that my spouse's SEP IRA's were in years ago. If you have to ...
by daveydoo
Wed Apr 11, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest $2200 in a 16 year old's Roth IRA
Replies: 17
Views: 1150

Re: Where to invest $2200 in a 16 year old's Roth IRA

DS did same thing with similar balance -- I think we did Vanguard ETFs through a Vanguard brokerage account. There was no annual account fee but it may have been "linked" to our account balance to achieve that. His login is independent and I can not see or manage his account, but he was somehow "cre...
by daveydoo
Tue Apr 10, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: VA Physician TSP matching and FERS
Replies: 7
Views: 565

Re: VA Physician TSP matching and FERS

Pretty sure salary is salary at VA; the locale adjustment is not a "bonus." TSP, when I got it, was based on actual compensation and not on "base pay." I don't know about Performance Pay, if you are eligible for that or if it still exists (and if it does, its days are surely numbered). I've assumed ...
by daveydoo
Sun Apr 08, 2018 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11308

Re: What age is the best to give a child control of an inheritance?

I wouldn't expect her to have much time prior to age 35 to educate herself in areas outside of medicine. Respectfully disagree. Your career compatriots (if your handle refers to what I think it does) get SCUBA-certified, learn to fly planes, ski the world, get married, raise families, cheat on thei...
by daveydoo
Sun Apr 08, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 8842

Re: Regrets of the frugal and dying?

Sandtrap wrote:
Sun Apr 08, 2018 8:57 pm

...aloha :D
Not quoted above for space, but all are excellent points -- thank you!
by daveydoo
Sun Apr 08, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: Help Me Make The Case Against Online Trading Academy
Replies: 33
Views: 2484

Re: Help Me Make The Case Against Online Trading Academy

I would fight for this. I would jeopardize or lose a friendship for this. Ask him who is in his class. Are they running a billion-dollar pension fund or hedge fund? Because those folks can't touch his expected returns. Maybe they don't have $12K for a course? :D You know, if a friend puts his car se...
by daveydoo
Sun Apr 08, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: “Women-led companies perform 3x better than S&P 500”
Replies: 32
Views: 2035

Re: “Women-led companies perform 3x better than S&P 500”

Thanks, understood. I think we can chalk this up to the difficulties of communicating in text on a forum and not real time. Imo, the wonderful thing about "DH" (and DW and DS, etc.) is that it is used ironically or with genuine affection -- and it's never apparent to the reader when it's one or the...
by daveydoo
Sun Apr 08, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to start medical info blog- things to consider
Replies: 5
Views: 369

Re: Wanting to start medical info blog- things to consider

He needs to consult an attorney about liability issues. IMO, that is beyond the scope of this forum. Should he inform his employer? IMO, absolutely yes. His employment agreement may require it, but if not, he should inform them anyway. +1. Aren't there a thousand of these already? Many are paid for...
by daveydoo
Sun Apr 08, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 119
Views: 12107

Re: Has used furniture dropped in value dramatically?

What gives me delight is color, texture, form and function of furniture. It tells a lot about a person. +1. I think one issue is, and much has been written about this lately elsewhere, that we are dividing into those with very portable job skills and a less provincial (uh, I mean less local) outloo...
by daveydoo
Sun Apr 08, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: “Women-led companies perform 3x better than S&P 500”
Replies: 32
Views: 2035

Re: “Women-led companies perform 3x better than S&P 500”

randomguy wrote:
Sun Apr 08, 2018 3:06 pm
You need one that only invests in company with white male ceos that degrade the environment or produce leathal weapons.
I believe we have this -- it's called the "stock market." :D

My actual comments are above.
by daveydoo
Sun Apr 08, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 12109

Re: What is your AA, given your age? and, Why?

confusedinvestor wrote:
Sat Apr 07, 2018 9:41 am

Without quantifying your need/ability/willing to take risk and/or goals, what is your AA (Stock:Bond), given your age? and why?
60:40-ish. The "why" is the forbidden first half of your question.
by daveydoo
Sun Apr 08, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Recordkeeping system for retirees
Replies: 25
Views: 2715

Re: Recordkeeping system for retirees

Recently retired and looking at my multiple hard copy 4 drawer record file cabinets this morning. They desperately need updating and new folders created (medicare, estimated tax payments, etc). Enjoy your retirement and let your kids sort it out. Worked for my folks :D They saved this activity for ...
by daveydoo
Sun Apr 08, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: “Women-led companies perform 3x better than S&P 500”
Replies: 32
Views: 2035

Re: “Women-led companies perform 3x better than S&P 500”

I suspect that it depends more on the industries than the women. Suspect that commodities (meaning "extractive" industries) are underrepresented and that tech is over-represented. Also, there is a big difference between female CEO and "10% of leadership positions occupied by women." Hard to believe ...
by daveydoo
Fri Apr 06, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Bond Portfolio for High Net Worth Individuals - Different Rules?
Replies: 67
Views: 7552

Re: Bond Portfolio for High Net Worth Individuals - Different Rules?

...for any HNWI out there, what do you do actually do? I think you're getting some diverse answers based more on terminology than ideology. The industry seems to define HNW as < $10 million and U HNW ( ultra -high net worth) as > $10 million. I doubt those with < $10 million behave that much differ...
by daveydoo
Sun Apr 01, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11308

Re: What age is the best to give a child control of an inheritance?

KlangFool wrote:
Sun Apr 01, 2018 10:27 am


2) My family goes back 2,000+ years.


KlangFool
Every family goes back 2000 years... :D
by daveydoo
Sat Mar 31, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Barrons 'Interactive Brokers top Online Broker'
Replies: 31
Views: 2658

Re: Barrons 'Interactive Brokers top Online Broker'

Access to admiral shares should be a criterion, imo. As others have pointed out -- and as is true for most things -- their ranking criteria (e.g., margin-loan rates) have nothing to do with my ranking criteria. My employer uses a consultant to vet investment options for our 401k-equivalent plans. Th...
by daveydoo
Sat Mar 31, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11308

Re: What age is the best to give a child control of an inheritance?

Spouse and I are doing 25, 30, and 35. My now-deceased parents' worst-case planning scenario was 30, 35, and 40, I think (I recently learned). Fortunately, they lived well past that time. I might have gone later but attorney and spouse were inclined toward the earlier time-frame. OTOH, our assets --...
by daveydoo
Mon Mar 26, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Kiplingers Retirement Report
Replies: 17
Views: 3373

Re: Kiplingers Retirement Report

Note that there is a difference between Kiplinger's magazine and the Kiplinger Retirement Report, which is what the OP is asking about. +1. The Kiplinger Tax Letter is excellent, imo and very BH-actionable. (I know we're talking a out a different letter here.) Unlike BH, it discusses the impact of ...
by daveydoo
Mon Mar 26, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Hyundai Kona
Replies: 25
Views: 3130

Re: Hyundai Kona

50ismygoal wrote:
Sat Mar 24, 2018 4:13 pm
I'm a little hesitant about buying a brand new model...
I would never buy the first model year of a brand new vehicle.