Search found 365 matches

by dphmd
Wed Aug 02, 2017 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Sell inherited investments to pay off mortgage?
Replies: 23
Views: 2287

Re: Sell inherited investments to pay off mortgage?

If you sold the Limited-Term Tax-Exempt to pay off the mortgage, you would earn a higher rate on the mortgage payoff, but this isn't a fair comparison because the mortgage has a longer duration. If you switched the Limited-Term Tax-Exempt to Long-Term Tax-Exempt, with a 2.48% yield on Admiral share...
by dphmd
Tue Aug 01, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Sell inherited investments to pay off mortgage?
Replies: 23
Views: 2287

Re: Sell inherited investments to pay off mortgage?

By all means read the wiki and take your time. No rush here. But I would not think about this as if you inherited 250k in various investment assets. I would think about this as if you inherited 250k in cash. You can sell everything tomorrow with minimal tax consequences and actually go to cash your...
by dphmd
Tue Aug 01, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Sell inherited investments to pay off mortgage?
Replies: 23
Views: 2287

Re: Sell inherited investments to pay off mortgage?

To answer questions: I'm 48 with about 20 years until retirement, and I plan for the condo to be my home for at least the next three years. I'm always curious, though, why being in the property long-term would make a mortgage more or less advantageous. First, plans and circumstances change. Also, a ...
by dphmd
Tue Aug 01, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Sell inherited investments to pay off mortgage?
Replies: 23
Views: 2287

Sell inherited investments to pay off mortgage?

I've read the wiki on "Paying down loans vs investing," which was very helpful, but I'm still unclear on my particular situation, which is as follows: $950K investments ($250K taxable, the rest in various tax-advantaged accounts) $30K cash emergency fund $90K mortgage left on a $180K condo, 3.375% i...
by dphmd
Tue Jun 06, 2017 8:20 pm
Forum: Personal Consumer Issues
Topic: Suit for [medical] residency interviews
Replies: 57
Views: 4895

Re: Suit for residency interviews

Make sure you pay for good-quality material.You will probably have to travel for some of your interviews, and high quality wool will hang out a lot better without having to be ironed or steamed in your hotel room. Lower quality material will crumple and crease. That said, you do not have to buy Arma...
by dphmd
Fri Apr 07, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Another 457 question
Replies: 11
Views: 923

Re: Another 457 question

If your 403b accepts rollovers, you could roll over all pre-tax IRA assets, convert the current non-deductible IRA basis tax free to a Roth and make future backdoor Roth IRA contributions. I already thought about that, but I messed up a few years ago and mixed a nondeductible IRA contribution in wi...
by dphmd
Fri Apr 07, 2017 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Another 457 question
Replies: 11
Views: 923

Re: Another 457 question

Are there any other tax advantage accounts you could take use first? And why not a backdoor roth? Blue Man I have a large IRA balance already, so a backdoor Roth would be expensive. And the only other tax-advantaged account I have available at this point is a non-deductible IRA. There is a maximum ...
by dphmd
Thu Apr 06, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Another 457 question
Replies: 11
Views: 923

Re: Another 457 question

Excellent info -- thanks for the pointers.

My options upon leaving are as follows (with a 90-day grace period to decide):
  • Lump sum
  • Installment payments (monthly, quarterly, semi-annual, or annual)
  • Single Life Annuity
  • Joint Life Annuity
Good things to consider.
by dphmd
Thu Apr 06, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Another 457 question
Replies: 11
Views: 923

Another 457 question

Situation: Age:48 Income: Low six figures Savings: Mid six figures I max out my 403b and no longer qualify for a Roth, but my employer offers the ability to put an additional $18,000/year away in a 457 plan (that I will qualify for in a couple of months). I work for a large private university with o...
by dphmd
Thu Feb 23, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2453

Re: How bad is FTSE ex-US small cap in taxable?

triceratop wrote:Why would you compare total cost to determine which is more tax efficient? There's a line precisely for tax efficiency comparisons.


Glad I asked -- I guess I did read it wrong. I thought the total cost was adjusted for estimated taxes.
by dphmd
Wed Feb 22, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2453

Re: How bad is FTSE ex-US small cap in taxable?

... For more on tax-efficiency calculations, there is this thread started by triceratop: https://www.bogleheads.org/forum/viewtopic.php?t=208818 With the info in that thread, anybody can do their own calculations for their own personal situation. Finally got a chance to look at this on a computer w...
by dphmd
Wed Feb 08, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2453

Re: How bad is FTSE ex-US small cap in taxable?

Lou354 wrote:dphmd, if you put ex-US small cap in taxable would you rebalance by buying and selling, or just by directing new contributions and dividends?


In the case of this fund, by contributions and dividends. I don't have a holding anywhere in my tax-advantaged accounts to move in and out of.
by dphmd
Tue Feb 07, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2453

Re: How bad is FTSE ex-US small cap in taxable?

Do you have a large Traditional IRA that is preventing you from using the two-step Backdoor Roth procedure Yes. It started as a rollover IRA, but I goofed last year and recharacterized some Roth contributions into It. Otherwise I could have rolled it into my 403b and then had a "clean" IR...
by dphmd
Tue Feb 07, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2453

How bad is FTSE ex-US small cap in taxable?

I have been holding Vanguard's FTSE All-World ex-US Small Cap (VFSVX) in my Roth, but as of this year my MAGI is now too high to contribute anything to a Roth. My plan is to move these contributions into a taxable account, but I'm a little concerned about tax efficiency. Probably the best option for...
by dphmd
Tue Oct 18, 2016 12:27 pm
Forum: Personal Consumer Issues
Topic: What iPhone podcast application do you use?
Replies: 25
Views: 2595

Re: What iPhone podcast application do you use?

Downcast. It's highly customizable -- maybe even too much.
by dphmd
Tue Feb 09, 2016 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Reaching the Roth limit
Replies: 5
Views: 1250

Re: Reaching the Roth limit

Just FYI, I did in fact pass the income limit where I was unable to contribute the max to my Roth IRA. Vanguard handled the recharacterization easily and quickly.

Thanks for the responses -- it helped me relax doing my taxes.
by dphmd
Tue Jan 05, 2016 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Reaching the Roth limit
Replies: 5
Views: 1250

Re: Reaching the Roth limit

TIAX wrote:You may want to, instead, consider making a backdoor Roth contribution.


I'm certainly thinking about that for the future, but I already have a rather sizable Traditional IRA (from previous rolled-over 403(b) accounts), so it might be kind of expensive to convert.
by dphmd
Thu Dec 31, 2015 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Reaching the Roth limit
Replies: 5
Views: 1250

Reaching the Roth limit

This is a very basic question, but because I have never encountered it before I thought I'd double-check that I'm doing this right. I am finally reaching the point where my MAGI is reaching the Roth income limits. (Academic public health is not very lucrative, but that's another story.) I have been ...
by dphmd
Mon Dec 14, 2015 3:28 pm
Forum: Personal Consumer Issues
Topic: Mom's unsafe browsing -- how to protect her accounts
Replies: 65
Views: 9681

Re: Mom's unsafe browsing -- how to protect her accounts

To answer a couple of questions: I continue to "nag" her about her behavior online, but even in the middle of the event where someone got control of her computer I could not get her to understand that it was a scam and that she was being lied to. ("But he told me.....") I think s...
by dphmd
Mon Nov 30, 2015 12:01 pm
Forum: Personal Consumer Issues
Topic: Mom's unsafe browsing -- how to protect her accounts
Replies: 65
Views: 9681

Re: Mom's unsafe browsing -- how to protect her accounts

I had thought about getting her a second computer for her accounts, but didn't think about the Chromebook option. That is a really good idea -- and I could block access to her account websites on her other computer. She doesn't have anything important on the other computer -- no financial documents ...
by dphmd
Mon Nov 30, 2015 11:39 am
Forum: Personal Consumer Issues
Topic: Mom's unsafe browsing -- how to protect her accounts
Replies: 65
Views: 9681

Mom's unsafe browsing -- how to protect her accounts

As my mother has gotten older, I have become her tech support. In the past nine months she has had at least three episodes where the security of her computer has been seriously breached. In the most egregious, she fell for a "security alert" that asked her to call a number; she gave the pe...
by dphmd
Wed Jan 22, 2014 12:27 pm
Forum: Investing - Theory, News & General
Topic: BRK go to for weird risks - NCAA bracket bet
Replies: 16
Views: 1901

Re: BRK go to for weird risks - NCAA bracket bet

There is also the fact that upsets occur in the tournament on a regular basis (like quasi-black-swan events). It only takes one completely unpredicted outcome out of 67 games to disqualify one's bracket. And then there is this: http://money.cnn.com/2014/01/21/news/companies/buffett-ncaa-bracket/ Joh...
by dphmd
Sun Dec 29, 2013 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting a trust
Replies: 12
Views: 1546

Re: Inheriting a trust

... If the real estate is to be sold in the very near future, to make things very much less complex, I would recommend keeping the real estate out of the trust, since you would need to retitle the real estate into the trust, sell it, and then more steps and hassles and delays and paperwork. I presu...
by dphmd
Sun Dec 29, 2013 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Inheriting a trust
Replies: 12
Views: 1546

Re: Inheriting a trust

I would cut the guy from Morgan Stanley out of the picture ASAP, as it's likely that he/she will steer you into more expensive investment products. If a financial advisor is required, I would look for an independent, fee-only advisor--not someone associated with a brokerage. That was the first thin...
by dphmd
Sat Dec 28, 2013 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting a trust
Replies: 12
Views: 1546

Re: Inheriting a trust

That is certainly his intention, but I am hoping to arm him with some basic knowledge before he goes into these meetings. The major players are the trustee (Comerica), the estate attorney, and a financial adviser from Morgan Stanley, all of whom are supposed to have fiduciary responsibility for his ...
by dphmd
Sat Dec 28, 2013 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting a trust
Replies: 12
Views: 1546

Inheriting a trust

My partner is in the process of receiving a large inheritance in the form of a trust. As the trust is being set up, it appears that he has some input into how the trust is organized (e.g., he can apparently appoint a new trustee if he desires), but he is somewhat naive when it comes to money and doe...
by dphmd
Sun Oct 13, 2013 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Why are so many physicians unhappy with their careers?
Replies: 110
Views: 9858

Re: Why are so many physicians unhappy with their careers?

I echo what has been said about the bureaucracy, paperwork, and liability issues. It's not so much that it's bad, it's that it's bad and getting worse . I went into academic medicine because I like solving problems and instituting solutions that really help people. Fortunately, I have the opportunit...
by dphmd
Tue Oct 08, 2013 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Taking ownership of investing kind of like giving birth?
Replies: 14
Views: 1137

Re: Taking ownership of investing kind of like giving birth?

It absolutely gets easier. For me, a lot of the stress disappeared when I realized I didn't have to know everything all at once. In the beginning, I was afraid I was going to miss some little tidbit of information that would cause my portfolio to vastly underperform. I had sliced and diced it to smi...
by dphmd
Sat Sep 21, 2013 10:13 pm
Forum: Personal Consumer Issues
Topic: Current Windows 8 vs. New Version
Replies: 39
Views: 3680

Re: Current Windows 8 vs. New Version

I switched to a Mac during the Windows Vista era but switched back to a PC last year and am much happier. Not terribly happy with my decision to upgrade my laptop from Windows 7 to 8, though I would probably love it if I had a touchscreen laptop. I'll be looking forward to Windows 8.1 -- I miss my s...
by dphmd
Tue Sep 03, 2013 3:00 pm
Forum: Investing - Theory, News & General
Topic: Short Terms vs Intermediate in Rising Rate Environment??
Replies: 59
Views: 6922

Re: Short Terms vs Intermediate in Rising Rate Environment??

The question isn't just will interest rates rise, but how fast will they rise. In a slowly rising environment intermediates will still out perform short term. In a very rapidly rising environment (assuming the yield curve hasn't already anticipated such an environment) short may out perform long. A...
by dphmd
Tue Sep 03, 2013 12:42 pm
Forum: Investing - Theory, News & General
Topic: Short Terms vs Intermediate in Rising Rate Environment??
Replies: 59
Views: 6922

Re: Short Terms vs Intermediate in Rising Rate Environment??

Your parents probably have a balanced portfolio and a life expectancy of 20+ years. Their preference in bonds is most likely not different from yours. If their circumstances are specific to something that dictates short bonds for a good reason, then so be it. If they are withdrawing money from thei...
by dphmd
Tue Sep 03, 2013 11:09 am
Forum: Investing - Theory, News & General
Topic: Short Terms vs Intermediate in Rising Rate Environment??
Replies: 59
Views: 6922

Re: Short Terms vs Intermediate in Rising Rate Environment??

I may be wrong, but I think it depends on one's situation. In my case, I'm sticking with intermediate term funds, as I am in the accumulation phase with a 20+ year time horizon. On the other hand, I am helping revamp my parent's portfolio after some large influxes of cash and have elected to go with...
by dphmd
Sun Sep 01, 2013 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Planning impact on court reversal of doma
Replies: 102
Views: 10373

Re: Planning impact on court reversal of doma

I did not see this point previously commented on, but one of the major changes that will accompany this decision is the way the IRS treats same-sex partner health insurance. With DOMA, even if individuals were legally married, the benefits were considered taxable income (with certain exceptions). N...
by dphmd
Sat Aug 31, 2013 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Planning impact on court reversal of doma
Replies: 102
Views: 10373

Re: Planning impact on court reversal of doma

I did not see this point previously commented on, but one of the major changes that will accompany this decision is the way the IRS treats same-sex partner health insurance. With DOMA, even if individuals were legally married, the benefits were considered taxable income (with certain exceptions). No...
by dphmd
Sat Aug 31, 2013 4:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard S&P Small-Cap 600 Value ETF revisited
Replies: 11
Views: 2080

Re: Vanguard S&P Small-Cap 600 Value ETF revisited

The ER for VIOV is 0.24%. (VTWV, the Russell 2000 version is 0.32%.) It's still more expensive than VBR, but not by quite as much. It comes down to whether or not I believe that the smaller market cap of VIOV is worth the extra 0.14%. The real expense ratios for VIOV and VTWV are both 0.20%; the ot...
by dphmd
Thu Aug 29, 2013 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Planning impact on court reversal of doma
Replies: 102
Views: 10373

Re: Planning impact on court reversal of doma

States generally require the state tax return to claim the same filing status as the Federal return. So it's not quite clear how things would work for a couple which must now file as married under Federal law but lives in a state that 1) doesn't recognize them as married and 2) requires them to use...
by dphmd
Thu Aug 29, 2013 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Planning impact on court reversal of doma
Replies: 102
Views: 10373

Re: Planning impact on court reversal of doma

Oops -- missed page two of this thread. Link already posted. Deleted.
by dphmd
Thu Aug 29, 2013 9:16 am
Forum: Investing - Theory, News & General
Topic: "Why You Are Probably Not Saving Enough In Your 401k"
Replies: 42
Views: 7719

Re: "Why You Are Probably Not Saving Enough In Your 401k"

Major Boglehead message in this article: "You can choose the best investments in the world but if you’re only putting $500 a year into your IRA or your 401(k) plan you're just not going to get there." On the subject of "average 401k balance," that may more may not be relevant. I ...
by dphmd
Wed Aug 28, 2013 10:19 am
Forum: Investing - Theory, News & General
Topic: Vanguard S&P Small-Cap 600 Value ETF revisited
Replies: 11
Views: 2080

Re: Vanguard S&P Small-Cap 600 Value ETF revisited

On the other hand, VBR is more valuey, and the value premium is both larger and more persistent than the small cap premium. I would stick with VBR in a tax-advantaged account. VIOV/IJS might be worth a longer look in taxable since they have a higher percentage of qualified dividends and a lower yie...
by dphmd
Tue Aug 27, 2013 4:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard S&P Small-Cap 600 Value ETF revisited
Replies: 11
Views: 2080

Re: Vanguard S&P Small-Cap 600 Value ETF revisited

This fund is in my Roth, which is at Vanguard, so the Vanguard funds are commission-free (I'm not quite to the higher tiers yet). Thanks for the responses. I'm starting to feel a little less concerned. Personally, I wouldn't bother with purchasing VIOV (with its ER or 0.35%) if I could otherwise bu...
by dphmd
Tue Aug 27, 2013 11:25 am
Forum: Investing - Theory, News & General
Topic: Vanguard S&P Small-Cap 600 Value ETF revisited
Replies: 11
Views: 2080

Re: Vanguard S&P Small-Cap 600 Value ETF revisited

fyi, there is a wiki page on small cap value funds and ETFs, which I last updated in march, and then in June added SLYV, another SP600 ETF, which is commission free at some custodians (Schwab, I believe). m I own both SLYV and VIOV, because each was commission free at 2 different custodians where I...
by dphmd
Mon Aug 26, 2013 7:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard S&P Small-Cap 600 Value ETF revisited
Replies: 11
Views: 2080

Vanguard S&P Small-Cap 600 Value ETF revisited

Looking back at some of the posts from a few years ago on Vanguard's S&P Small-Cap 600 Value ETF (VIOV), several of the concerns had to do with the trading volume and net asset size of the fund. I have two questions: ⋅ As was mentioned by grabiner here , the presence of IJS (iShares ve...
by dphmd
Fri Aug 23, 2013 7:35 am
Forum: Investing - Help with Personal Investments
Topic: How to leave my financial adviser
Replies: 39
Views: 4791

Re: How to leave my financial adviser

When I left Ameriprise, I just called Vangaurd and started moving everything. I got a call from my (now former adviser), who asked me why I was leaving.

Me: "I'm moving to Vanguard."
Her: "Oh." (As if that explained everything.)
by dphmd
Sat Aug 17, 2013 7:17 am
Forum: Personal Consumer Issues
Topic: Dealing with the re-circulated air in airplanes
Replies: 26
Views: 2263

Re: Dealing with the re-circulated air in airplanes

Her sickness following these long haul flights to Europe has been: severe fever, severe sore throats, lots of coughing and requires bed rest. Note, that her brother is an independent free lance computer contractor that has to fly around the country for his different jobs. He too has problems with t...
by dphmd
Fri Aug 16, 2013 10:05 am
Forum: Personal Consumer Issues
Topic: Dealing with the re-circulated air in airplanes
Replies: 26
Views: 2263

Re: Dealing with the re-circulated air in airplanes

10,000 feet sounded a bit high ... Boeing's website says at cruising altitute "[i]nside the cabin, the pressurized altitude is equivalent to 5,400 to 7,000 feet above sea level." Still, that's pretty high for some people. I could be incorrect, but the 787 is definitely pressurized higher....
by dphmd
Fri Aug 16, 2013 9:36 am
Forum: Personal Consumer Issues
Topic: Dealing with the re-circulated air in airplanes
Replies: 26
Views: 2263

Re: Dealing with the re-circulated air in airplanes

50% of the air in planes is fresh, and the rest is HEPA filtered. Most of the crappy feeling comes from altitude (most planes are only pressurized to 10,000 feet) and lack of humidity (the air is kept at 4% humidity, drier than the desert, to protect the metal). Not much you can do about the altitud...
by dphmd
Thu Aug 08, 2013 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Bad idea to buy i-bond now?
Replies: 39
Views: 5002

Re: Bad idea to buy i-bond now?

Also, what is the alternative? Money market funds, savings accounts, and CDs pretty much all have lower rates (unless you commit to long-term CDs). Bond funds may have higher rates but can lose value -- not ideal for one's emergency money. One of the big benefits of I bonds is that if rates skyrocke...
by dphmd
Wed Aug 07, 2013 12:28 pm
Forum: Personal Consumer Issues
Topic: Jetta Sportwagen Question
Replies: 42
Views: 6488

Re: Jetta Sportwagen Question

I was going to warn you against test driving the TDI, but it seems I am too late. I had a hybrid or electric in mind but decided to drive the TDI for kicks. Couldn't imagine buying anything else. I'll let you know in ten years if it was a good decision or not.
by dphmd
Thu Aug 01, 2013 4:21 pm
Forum: Investing - Theory, News & General
Topic: Levels of psychological maturity in investing
Replies: 21
Views: 1147

Re: Levels of psychological maturity in investing

I continued my systematic buying and rebalanced, so I guess that's a Level 4 (not really clear).
by dphmd
Mon Jul 29, 2013 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Parent's portfolio -- need some assistance
Replies: 4
Views: 656

Re: Parent's portfolio -- need some assistance

Thanks, everyone, for the responses -- they have given me some things to think about. Specifically: Doesn't look that way to me. You can argue that Intermediate Term Tax Exempt is riskier than TBM, but in any case, the SEC yield of the muni fund is more than 20% higher than TBM right now, and has be...