Search found 601 matches

by gasman
Thu Jan 21, 2016 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Are college costs really expected to go up in the future?
Replies: 19
Views: 1110

Re: Are college costs really expected to go up in the future?

I think that the "sticker price" of tuition will continue to increase. I also think that an ever shrinking percentage of students will pay full sticker.
by gasman
Sat Jan 09, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Spread for odd lots - rebalancing
Replies: 8
Views: 578

Re: Muni Spread for odd lots - rebalancing

No idea with regards to your original question, as you are obviously aware spreads on odd lot munis can be bad for individual investors, particularly during crises. It MIGHT be worthwhile to consider tapping a home equity credit line or a margin loan for the 12-24 months depending on the bid-ask. If...
by gasman
Sat Jan 02, 2016 12:10 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Bond Barbell - why not more popular?
Replies: 26
Views: 4353

Re: Boglehead Bond Barbell - why not more popular?

Bond barbells tend to be popular when long-term rates are high - not in a period like we are experiencing. WARNING THIS IS RESTARTING AN OLD THREAD As something of a less than perfectly informed investor in bonds, have slowly realised that our present holdings have accidentally become what could be...
by gasman
Sun Dec 27, 2015 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: 5%&up return and 0 risk tolerance, are there options?
Replies: 65
Views: 3291

Re: 5%&up return and 0 risk tolerance, are there options?

30 year treasures if held to maturity get you to 3% or so. Of course their is inflation risk.
by gasman
Sat Nov 21, 2015 1:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Partnering with Yodlee
Replies: 141
Views: 18105

Re: Vanguard Partnering with Yodlee

Can't seem to add treasury direct accounts. Anyone else having the same problem or have a solution?
by gasman
Mon Nov 16, 2015 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Why shouldn't I build a 7-10 year brokered CD ladder as my "bond" allocation?
Replies: 19
Views: 2054

Re: Why shouldn't I build a 7-10 year brokered CD ladder as my "bond" allocation?

"Why shouldn't I build a 7-10 year brokered CD ladder as my "bond" allocation?" No reason at all. I have done the same with about 25% of my fixed income. Agree with the above posters. Don't consider this money for rebalancing or cashing out for any other purpose. Your are being p...
by gasman
Wed Nov 11, 2015 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding helping son with graduate school loan debt
Replies: 42
Views: 2645

Re: Question regarding helping son with graduate school loan debt

good behavior should be rewarded. It sounds like your son is now making good choices. If you can afford to, I would help him out. Let him know that your help is a response to his current good behavior. Agree that you should be mentally prepared to consider this a "gift" if he becomes unabl...
by gasman
Sat Nov 07, 2015 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: New Savings Bond Rates
Replies: 3
Views: 486

Re: New Savings Bond Rates

It is very possible that holding the ee bonds till you hit the doubling point is likely to provide a better return. Even deploying new money today today, a compelling case can be made that ee bonds will outperform ibonds if you can hold a full twenty years
by gasman
Mon Nov 02, 2015 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Dimensional Fund Advisors
Replies: 9
Views: 922

Re: Dimensional Fund Advisors

The OP described his nest egg in British Pounds. It is certainly possible that UK residents have fewer decent options for low cost investing due to local regulations and marketplace issues.
by gasman
Mon Nov 02, 2015 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: I-Savings Bonds
Replies: 53
Views: 7165

Re: I-Savings Bonds

If you purchase I bonds with your tax refund, do you get the rate for the day they issue the refund, which might be months later and is outside your control, or do you get the rate for the day you filed? The day they issue the refund. Mine were of course issued after May 1, despite filling in early...
by gasman
Wed Oct 14, 2015 9:17 am
Forum: Investing - Theory, News & General
Topic: Safe Investment Options
Replies: 50
Views: 4790

Re: Safe Investment Options

What do you recommend, though? We know there's no such thing as perfection and perfect elimination of all risk, so it's about what's the best available option(s). How do you feel about 20% in physical gold the way "legendary paper stock" guru Cramer does, for instance? (See this thread: h...
by gasman
Tue Oct 06, 2015 12:05 pm
Forum: Investing - Theory, News & General
Topic: Safe Investment Options
Replies: 50
Views: 4790

Re: Safe Investment Options

The price of safety is extremely high these days. None of those safe options protects you from unanticipated inflation.
by gasman
Sun Sep 20, 2015 10:50 am
Forum: Personal Consumer Issues
Topic: Working 23 yo Son Medical Insurance Ours/His/Both ?
Replies: 41
Views: 1873

Re: Working 23 yo Son Medical Insurance Ours/His/Both ?

Another issue is the parent's health insurance only good in a local network that has minimal/zero options where the adult child is living. The adult child may have serious limitations where they are living and be forced to travel to receive nonemergency health care.
by gasman
Wed Aug 26, 2015 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Asset location: expected earning vs. tax efficiency
Replies: 14
Views: 1386

Re: Asset location: expected earning vs. tax efficiency

In doing the calculation of bonds in taxable vs ta deferred, I have never seen anyone put any value of tax loss harvesting equities in taxable. Doesn't this ignore a significant tax cost of bonds in taxable?
by gasman
Fri Aug 07, 2015 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Strategies for Upper Middle Class
Replies: 11
Views: 1724

Re: Life Insurance Strategies for Upper Middle Class

This is a spin off of the current "uber wealthy" thread. I'm wondering if there are practical life insurance strategies for estate, tax and investment planning that make sense for affluent but not "uber wealthy" Bogleheads. My take is that once the true need to protect a young f...
by gasman
Thu Aug 06, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: College Admission Time, What parents need to be aware and how to be helpful
Replies: 238
Views: 17256

Re: College Admission Time, What parents need to be aware and how to be helpful

I recently went through the college admission process for my kids. You cannot underestimate how competitive the top schools have become. National Merit Scholars with perfect grades get turned down all the time from the Ivies + Stanford, UChicago, MIT, et al. There are more than 10,000 high schools i...
by gasman
Thu Jul 02, 2015 9:33 am
Forum: Investing - Help with Personal Investments
Topic: How Much Muni Is Too Much Muni?
Replies: 15
Views: 1720

Re: How Much Muni Is Too Much Muni?

Not sure I understand the concern over muni risk, with the obvious exceptions of individual holdings in such places as Puerto Rico or Detroit. However, if one holds a highly diversified muni fund, the risk has been historically tiny. I00 percent of my bond holdings in my taxable account are in muni...
by gasman
Sun Jun 28, 2015 5:45 pm
Forum: Investing - Theory, News & General
Topic: The next Lehman - this week? [Greek default]
Replies: 237
Views: 27183

Re: Greece impact on US markets Monday morning

So "stay-the-course" suggests that you all will be buying equities in rebalancing moves as needed, right? Yes. Close to a rebalancing band now. Probably hit it tomorrow. Doesn't mean that I will do it happily or gladly. But I will do it. During the global financial crisis, I was very dysp...
by gasman
Tue May 26, 2015 10:21 am
Forum: Personal Consumer Issues
Topic: Once in a life time trip.
Replies: 121
Views: 7899

Re: Once in a life time trip.

I think that 8 yo is too young to appreciate the trip of a lifetime (unless the trip of a lifetime is for you). They will tire easily and not be able to appreciate local cuisine what they are experiencing. If the trip is for them do Orlando. If it is for you, they will be happy as long as the food i...
by gasman
Sun May 17, 2015 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Divorce and Marriage
Replies: 21
Views: 2924

Re: Divorce and Marriage

2comma wrote:The best quote I ever found is that "men marry a girl and hope she stays the way she is forever and women marry a man and hope they can mold him into the man of her dreams".

!


You forgot the second half of the quote. The woman changes and the man doesn't. :happy
by gasman
Sun May 03, 2015 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Who uses non gov 457b and why?
Replies: 29
Views: 2037

Re: Who uses non gov 457b and why?

I use one. employed by hospital. The hospital system has dozens of LLC's under its umbrella. The one that has the 457 is under the safest one. It covers the administrators too, so I figure that they would care more about their own savings than a bunch of doctor employees.
by gasman
Tue Apr 28, 2015 11:41 am
Forum: Personal Consumer Issues
Topic: Need tips on taking HS student on college tour
Replies: 34
Views: 2284

Re: Need tips on taking HS student on college tour

Agree with take three's post above. The basic 60 -90 minute tour is a sales pitch coupled with an architectural tour. I would avoid visiting while schools are on break. You don't get the same feel for what the students are like.
by gasman
Wed Apr 22, 2015 7:53 pm
Forum: Personal Consumer Issues
Topic: Physicians: What's your vacation policy?
Replies: 28
Views: 3645

Re: Physicians: What's your vacation policy?

8 weeks. No personal days or sick days unless on short term disability. Can carry over up to 10 days to following year. Can also "borrow" up to 10 days that haven't yet been "earned" They will hold final paycheck if overdrawn on vacation.
by gasman
Tue Apr 07, 2015 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 20876

Re: Cost of College & Weighing the Merits of Top Schools

I paid full freight for both kids at name brand schools. No regrets. Being surrounded by bright, ambitious kids can be a powerful motivator. Also a college degree is more than a ticket to a career or a paycheck. The educational opportunity differences at a Penn vs a Penn State can't be easily quanti...
by gasman
Fri Mar 27, 2015 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Physician tail coverage
Replies: 20
Views: 2847

Re: Physician tail coverage

The rule of thumb for the cost of a tail is 150-250% of the last year's premium.
by gasman
Fri Mar 20, 2015 12:22 pm
Forum: Investing - Theory, News & General
Topic: I Bonds - now or later in the year?
Replies: 44
Views: 5937

Re: IBonds - now or later in the year?

If new I Bonds were paying 3% + inflation, as they did a decade or more ago, I would agree with those who advocate just buying each year's quota early in the year without fussing over a possible change of a few tenths of a percent. But the fixed rate portion is zero now, so I see no harm in waiting...
by gasman
Wed Mar 18, 2015 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Underpriced house recently sold
Replies: 13
Views: 1817

Re: Underpriced house recently sold

maybe a friendly sale to a relative.
by gasman
Fri Mar 13, 2015 10:38 am
Forum: Personal Consumer Issues
Topic: Board certification alternative (medicine)
Replies: 10
Views: 1367

Re: Board certification alternative (medicine)

ABIM announced last month that they are suspending for 2 years some their most onerous recertification requirements, including Practice Assessment, Patient Voice and Patient Safety elements, while they redesign their program. I doubt this is in response to competition; rather, the specialty societi...
by gasman
Thu Mar 12, 2015 7:32 am
Forum: Personal Consumer Issues
Topic: Board certification alternative (medicine)
Replies: 10
Views: 1367

Re: Board certification alternative (medicine)

I wish the organization well and have contributed to the AAPS legal fund. There is a growing resentment of the ABMS medical boards increasingly onerous certification burdens which are perceived as serving only the specialty board leadership. Also it is another tool that CMS, hospital administrators,...
by gasman
Mon Mar 09, 2015 3:27 pm
Forum: Investing - Theory, News & General
Topic: Bernstein: 2% investment returns over next 20 years
Replies: 216
Views: 27232

Re: Bernstein: 2% investment returns over next 20 years

hoops777 wrote:Wow.I never knew anyone could predict both stock and bond returns even for 1 year much less 20......pretty amazing.


It is easier to make accurate market predictions over 20 year periods than over one year periods.
by gasman
Sat Mar 07, 2015 8:01 pm
Forum: Investing - Theory, News & General
Topic: Why is there more (real) money in the market?
Replies: 8
Views: 1343

Re: Why is there more (real) money in the market?

More money created by accommodative central bankers finding its way to financial assets?
by gasman
Mon Mar 02, 2015 9:50 pm
Forum: Personal Consumer Issues
Topic: Wimbledon 2016
Replies: 5
Views: 880

Wimbledon 2016

Never been to England or a major tennis tournament. Wife has a big birthday coming up. Want to give her this as a gift. Not very price sensitive. Anybody have any advice on how to plan/research/make this the trip of a lifetime for her?
by gasman
Wed Feb 25, 2015 10:49 am
Forum: Personal Finance (Not Investing)
Topic: physicians [Frustrated, considering early retirement]
Replies: 132
Views: 11800

Re: physicians

Oh, you hate your job? Why didn't you say so? There's a support group for that. It's called everybody, and they meet at the bar.
-Drew Carey

P.S. I am a member. Also a doc.
by gasman
Mon Feb 02, 2015 3:58 pm
Forum: Personal Consumer Issues
Topic: Good Wines
Replies: 54
Views: 5280

Re: Good Wines

I am really surpised Boggleheads are so frugal. I am almost 70 and if I drink wine, I drink good wine, no boxes, no two buck chuck. I will even venture off to Napa and pay up to $85 for a good bottle of wine. It is not a contest to me to save $ at this time in my life, it is to embrace life and enj...
by gasman
Mon Feb 02, 2015 10:09 am
Forum: Personal Finance (Not Investing)
Topic: How to report for Tax, Student computer purchase from 529
Replies: 22
Views: 1067

Re: How to report for Tax, Student computer purchase from 52

Anybody know anyone who has ever been audited on a 529 distribution?
by gasman
Sun Feb 01, 2015 9:14 pm
Forum: Personal Consumer Issues
Topic: Telescopes?
Replies: 21
Views: 1616

Re: Telescopes?

If you have an iPhone check out the app "night sky". I assume an android version exists.
by gasman
Sat Jan 31, 2015 12:09 pm
Forum: Investing - Theory, News & General
Topic: What if everyone was a Boglehead saver?
Replies: 18
Views: 2571

Re: What if everyone was a Boglehead saver?

What if everyone was a Boglehead saver?

--------------

It would make it harder for us. There is a benefit to saving well and investing wisely only if a minority of folks do so.
by gasman
Tue Jan 27, 2015 10:10 pm
Forum: Personal Consumer Issues
Topic: What age did you move out?
Replies: 117
Views: 6341

Re: What age did you move out?

The poll would have more meaning if it was broken down to move out with financial support vs. move out without financial support
by gasman
Tue Jan 27, 2015 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Just purchased 2015 maximum EE Series Bonds
Replies: 67
Views: 4676

Re: Just purchased 2015 maximum EE Series Bonds

only 1 10k boat per year, so jump on it or see it sail away forever... I've been jumping on for 4 years now and very happy with it... And DW and I have each been jumping on the 10k I bond boat for the last 4 years. I guess we'll have to revisit this thread in 20 years and see who did better :D To m...
by gasman
Tue Jan 27, 2015 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Just purchased 2015 maximum EE Series Bonds
Replies: 67
Views: 4676

Re: Just purchased 2015 maximum EE Series Bonds

3.53%? I see 0.10%. What am I missing? If you hold a full twenty years the Treasury will double the face value. Doubling after 20 years gives a rate of 3.53%. Caution If you hold 19 years and sell you get practically nothing. SO you really have to be committed to holding for the full twenty years i...
by gasman
Sun Jan 25, 2015 8:36 am
Forum: Personal Consumer Issues
Topic: Rental Car Prices - is this the new normal ?
Replies: 89
Views: 9770

Re: Rental Car Prices - is this the new normal ?

Cost is largely a function of where and when you're traveling and competition. There can be tremendous variation. The car rental forums on http://www.flyertalk.com/forum/car-rental-programs-partners-392/ are worth browsing. Also , I suspect, where you are booking FROM. I live on the east coast and ...
by gasman
Wed Jan 21, 2015 7:11 am
Forum: Personal Consumer Issues
Topic: urgent: how to identify top surgeons for a procedure
Replies: 49
Views: 4506

Re: urgent: how to identify top surgeons for a procedure

When you are being "graded". You spend a lot of effort working for the test. In a past job I had, the head cardiac surgeon cherry picked the softball cases so he looked good on the models that graded him. The models in place at that time (might still be true, just don't know) didn't give e...
by gasman
Wed Jan 14, 2015 7:08 am
Forum: Investing - Help with Personal Investments
Topic: EE bonds vs 5 yr CD's vs iBonds
Replies: 8
Views: 1253

Re: EE bonds vs 5 yr CD's vs iBonds

I think of an EE Bond as a 20 year tax deferred CD that pays zero interest for 19 years 11 months. No penalty for early withdrawal. Doubles at 20 years for an effective rate of 3.53%. I think they make sense if you are in a high tax bracket now, Have limited tax deferred space ,plan to hold the full...
by gasman
Wed Jan 07, 2015 8:09 am
Forum: Personal Consumer Issues
Topic: Tegretol - Expensive Drugs
Replies: 7
Views: 904

Re: Tegretol - Expensive Drugs

As a practicing anesthesiologist, I can say that there is no discernible difference between generics and name brand drugs- Most of the time. I have noticed a few drugs that absolutely don't perform the same way as the original name brand drug.
by gasman
Mon Dec 08, 2014 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Ex-landlord won't return deposit
Replies: 29
Views: 3556

Re: Ex-landlord won't return deposit

In a building that I was renting an apartment, I was told this was standard operating procedure by a former tenant who got burned. So when the time came for me to leave, I simply did not pay the last two months rent (the amount of the security deposit). I told the landlord to send me an itemized acc...
by gasman
Wed Dec 03, 2014 2:30 pm
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 75
Views: 9780

Re: Stanley Kubrick's 2001 a space odyssey

I always thought that the ending with the baby represented the next step in the evolution of man. The same way the monolith tinkered with apes who became human in the beginning of the movie, the makers of the monolith tinkered with David Bowman as a modern human to make the human looking, but not qu...
by gasman
Sun Nov 09, 2014 2:10 pm
Forum: Investing - Theory, News & General
Topic: Why are people so down on bonds?
Replies: 39
Views: 6956

Re: Why are people so down on bonds?

For the last few decades bonds- defined as short-intermediate term high quality fixed income, did two things for one's portfolio: 1. They dampened the volatility of a portfolio and provided a store of value to buy stocks when they went on sale. 2. They could reasonably be counted on to provide a po...
by gasman
Fri Nov 07, 2014 9:19 am
Forum: Investing - Theory, News & General
Topic: Why are people so down on bonds?
Replies: 39
Views: 6956

Re: Why are people so down on bonds?

Why are people so down on bonds? ------ For the last few decades bonds- defined as short-intermediate term high quality fixed income, did two things for one's portfolio: 1. They dampened the volatility of a portfolio and provided a store of value to buy stocks when they went on sale. 2. They could r...
by gasman
Wed Nov 05, 2014 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice for an Unhappy Young Doctor?
Replies: 116
Views: 15710

Re: Career Advice for an Unhappy Young Doctor?

While it hasn't been said or asked about I'm a little curious about what led her to enter medicine. Did she enter medicine due to family expectations (i.e. a parent, sibling, or other close relative was in medicine)? If that is perhaps the case her anxiety and insecurity may not be related to her s...

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