Search found 444 matches

by kiddoc
Thu May 03, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat a mortgage in context of long term investment
Replies: 12
Views: 1193

Re: How to treat a mortgage in context of long term investment

1. The "duration" of a 30 year fixed rate mortgage is closer to 9 years, so you would compare it to a bond of that duration I couldn't understand that either. :confused EHEngineer's plan to "loan money from your bond allocation" does sound interesting. However, it will increase the overall portfoli...
by kiddoc
Wed May 02, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA crowdfunding
Replies: 6
Views: 264

Re: Rollover IRA crowdfunding

Do you mean rollover the 401k into an IRA to invest in real estate crowdfunding? I am not sure what you mean by "rolling this 401k into an IRA in order to start crowdfunding". If I understood you correctly, the answer depends on how this fits in with the rest of your portfolio, goals, etc so will ne...
by kiddoc
Wed May 02, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat a mortgage in context of long term investment
Replies: 12
Views: 1193

How to treat a mortgage in context of long term investment

Previously, we established that a mortgage is essentially a negative bond with a negative yield = mortgage interest rate for the duration of the mortgage Mortgage: negative yield bond So how do people treat a mortgage when deciding about investments in taxable accounts? My mortgage interest rate is ...
by kiddoc
Thu Apr 19, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 10117

Re: Got hit with a $2800 Medical bill. Can I negotiate?

A month later the itemized bill comes. Cost of Maitre de: $67 Cost of food: $125 Cost of server: $85 Cost of bus boy: $60 Consultation with cook re dietary requirements: $50 Cost of laundering napkins: $27 Cost of cleaning silverware: $34 Misc dishwasher services: $42 Cooking food, 34 minutes x 4.7...
by kiddoc
Thu Apr 19, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 10117

Re: Got hit with a $2800 Medical bill. Can I negotiate?

OP, your eventual outcome will be healthcare facility specific. Whether you get a write-off or not depends on institutional policy and what particular contract the facilities have with the insurance company. Don't be surprised if they tell you they can't write anything off as they may be contractual...
by kiddoc
Fri Apr 13, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Re: Guaranteed 9% annualized return?

Assuming investments return the same 3.875% after tax: In scenario 1 (pay only the mortgage minimum and invest the $4K/mo), after 15 years you have a) no mortgage b) $974,367.19 investment balance In scenario 2 (pay $4K/mo extra toward the mortgage until fully paid, then invest the $6294.20/mo), af...
by kiddoc
Fri Apr 13, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Car Loan vs Home Mortgage
Replies: 28
Views: 2284

Re: Car Loan vs Home Mortgage

If I were you, I would choose to put the extra payment towards the mortgage. Paying towards the car loan and eliminating it faster is called the "debt snowball method". Paying extra towards the higher interest (but larger) loan is sometimes called the "debt avalanche method". Google these two terms ...
by kiddoc
Fri Apr 13, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Re: Guaranteed 9% annualized return?

As I see it, not paying the 4000 extra towards mortgage pays off only in the scenario of an after-tax return of >5.5 or 6%. The net result of paying extra principal amounts on a mortgage with an after-tax rate of X%/yr will be the same as investing the same amounts under the same conditions (i.e., ...
by kiddoc
Fri Apr 13, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Re: Guaranteed 9% annualized return?

Posting this again for reference as this takes into account opportunity cost: I did some calculations using the FV function in Excel and here are the results. Scenario 1: Payoff mortgage early, then invest everything you were throwing at the mortgage in a 75:25 taxable account for 10 years 5 months ...
by kiddoc
Fri Apr 13, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Re: Guaranteed 9% annualized return?

To expand on my earlier post with the math: You were calculating the IRR like this: -48000 <- negative is the "investment" -48000 -48000 -48000 -28000 291448 <- positive is the return IRR = 9.01% When it should be something like this: -48000 -48000 -48000 -48000 -16530 <- 28000 invested, offset by ...
by kiddoc
Fri Apr 13, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Re: Guaranteed 9% annualized return?

Once again, why is everyone discounting the negative coupon rate to 2.75% if I am not going to be able to itemize? I did some calculations using the FV function in Excel and here are the results. Scenario 1: Payoff mortgage early, save 71488 interest, and then invest everything you were throwing at...
by kiddoc
Fri Apr 13, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Re: Guaranteed 9% annualized return?

I think I understand what the above posters are trying to say. My calculation is missing the opportunity cost of the extra payments if I put them in a taxable account instead of paying off the mortgage. Is there a good way to account for that? I was thinking about running the scenario over the 15 ye...
by kiddoc
Fri Apr 13, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Re: Guaranteed 9% annualized return?

Your mortgage has an effective after tax rate of 2.75%. 3.875*(1-.29) Your mortgage is a negative bond. Any pre-paid principle applied will thus give you a return of 2.75%. Emotionally I know where you are coming from but your logic is wrong. Personally, I would advocate leverage. Take that extra p...
by kiddoc
Fri Apr 13, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2375

Guaranteed 9% annualized return?

Hello, I recently bought a house and picked up a mortgage. I was calculating the annualized return to paying it off early and was very surprised by the results. Can people please check the numbers and comment if they are correct? Mortgage: 312800, 15 year, 3.875% Monthly payment per bank: 2294.2 Aft...
by kiddoc
Mon Apr 02, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: medical practice reimbursement issues
Replies: 35
Views: 2605

Re: medical practice reimbursement issues

To everyone saying an employed physician should only sign contracts where income is based on billed RVUs: Most small practices will be unwilling to do that if the physician is on a partnership track. It sounds like you are saying ,"I want to be a partner in the business but pay me regardless of wha...
by kiddoc
Mon Apr 02, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 4759

Re: Customer Service with Vanguard

I'm glad for those folks who have not experienced these problems; I wish I could be part of that group. :beer My thoughts exactly. The non-profit status and Jack Bogle philosophy sound great. The low expense ratio and no sales pressure seem amazing. The people complaining on forums seem like isolat...
by kiddoc
Mon Apr 02, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: medical practice reimbursement issues
Replies: 35
Views: 2605

Re: medical practice reimbursement issues

Does any one else think he may have an argument for mismanagement of the AR? I feel certain he has a claim for payments received by the practice but not allocated to him for his services. But wasn't sure he could hold them accountable for a failure to make reasonable efforts to collect in a timely ...
by kiddoc
Fri Mar 30, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: medical practice reimbursement issues
Replies: 35
Views: 2605

Re: medical practice reimbursement issues

I left a private practice (partnership track) and became employed due to a similar situation. 2 possibilities: 1) Malicious intent: Practice wants to defraud him and keep the income. Would start by meeting the owner and discussing things. Take copies of documentation, dates, collection details, etc ...
by kiddoc
Sat Dec 30, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle’s 5 bold investment predictions for 2018 and beyond.
Replies: 39
Views: 7336

Re: Jack Bogle’s 5 bold investment predictions for 2018 and beyond.

CNBC being typically naive in terms of "predictions". Jack Bogle makes long term predictions based on actual earnings yield + speculative yield based on P/E ratios. He typically qualifies this as a long term prediction (decades) and says he could be wrong. This is not a 2018 prediction. This kind of...
by kiddoc
Sat Dec 30, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Index funds
Replies: 5
Views: 911

Re: Investing in Index funds

So I am new to mutual funds and I learnt that index funds are a good place to start. I looked into returns of few different index funds from Vanguard and it seems that there is not much difference in returns over a 10-year period for a midcap or large cap fund. Does it make sense to take more risk ...
by kiddoc
Sat Dec 30, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: tax efficiency Fidelity funds
Replies: 10
Views: 1473

Re: tax efficiency Fidelity funds

Utilizing Fidelity, I would recommend using their ETFs rather than mutual funds for tax efficiency. This will be true at least until Vanguard's patent on ETFs as a share class of the Mutual Fund expires in the 2020s. Then other companies can look at making mutual funds more tax efficient. From time ...
by kiddoc
Sat Dec 30, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Time for my annual portfolio review
Replies: 4
Views: 624

Re: Time for my annual portfolio review

so you market time. Yes, I made it clear in the post above. I decided to market time with 10% of my portfolio. It helps me sleep at night. I am in good company when I say I am uneasy with the current valuations in the stock market. Our mentor, Jack Bogle, Bill Bernstein, Larry Swedroe have all expr...
by kiddoc
Sat Dec 30, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Time for my annual portfolio review
Replies: 4
Views: 624

Re: Time for my annual portfolio review

So you moved 15% to FI. Is this permanent or what's your next move and why? The 5% move to bonds is permanent due to age. 10% move to cash is dependent on the stock market's CAPE ratio and will be dollar cost averaged back to stocks as valuations improve. I read all about CAPE's limitations and the...
by kiddoc
Sat Dec 30, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: which vanguard funds for roth IRA
Replies: 7
Views: 1199

Re: which vanguard funds for roth IRA

total bond. put it in your 401k leave the roth for total us or total intl. once per year is fine. +1 That is my strategy as well. High growth funds in Roth. Tax inefficient lower growth in tax deferred. What is your goal for the bond fund? I hold bonds to help re-balance and to cushion the blow of ...
by kiddoc
Sat Dec 30, 2017 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Time for my annual portfolio review
Replies: 4
Views: 624

Time for my annual portfolio review

Every year, I post whatever happened to my portfolio here. This helps to keep me honest and usually provides me significant pearls. It also helps me own up to mistakes and stick to my IPS. Last year's post: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=206846&p=3171341#p3171341 This year, I m...
by kiddoc
Sun Sep 10, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 1059

Re: Do I-bonds (vs TIPS) make any long term sense in taxable space?

#Cruncher wrote: When an I Bond matures one pays tax only on the gain, not on the total value.
:oops: I thought I was making some major error somewhere as I had read something between 3-4% as the break even point in the past. Thanks.
by kiddoc
Sun Sep 10, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 1059

Re: Do I-bonds (vs TIPS) make any long term sense in taxable space?

iBonds work very well in an emergency fund after they're a year old. When cashed, they don't trigger state or local taxes and if your income works and you titled them correctly when buying, they can be used federal tax free for college costs. I've never considered tips so can't comment on compariso...
by kiddoc
Sun Sep 10, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 1059

Do I-bonds (vs TIPS) make any long term sense in taxable space?

Edit- I made an error in I-bond calculations as pointed out by #cruncher below. Removing my I-bond calculations for now. Please refer to #cruncher's post below. Let's assume the decision to invest in inflation protected bonds makes sense from a financial situation standpoint and there is no space f...
by kiddoc
Tue Sep 05, 2017 7:13 pm
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 40
Views: 6838

Re: IBonds - now or wait?

OP, sorry to deviate but what are you looking to accomplish with I-bonds? I used to buy I-bonds regularly for long term inflation protection. Recently, I have reconsidered. I am not sure I-bonds are a good long term proposition unless the fixed rate goes up substantially or inflation runs amok. I ra...
by kiddoc
Fri Jul 28, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Penn National for insurance?
Replies: 10
Views: 881

Re: Penn National for insurance?

I would look at a more objective rating than just online reviews. Thank you so much for this. It made me think there must be more resources available. Further searches led me to PA insurance complaints tool and introduced me to something called "complaint index". That was helpful in my decision: wi...
by kiddoc
Fri Jul 28, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Penn National for insurance?
Replies: 10
Views: 881

Re: Penn National for insurance?

Yelp reviews in their headquarter city, Harrisburg, PA, are not encouraging: 1 star average over 9 reviews, https://www.yelp.ca/biz/penn-national-insurance-harrisburg Exactly! That's what makes me nervous. However, by their very nature, online reviews trend towards overly negative. I have my issues...
by kiddoc
Fri Jul 28, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Penn National for insurance?
Replies: 10
Views: 881

Penn National for insurance?

I had never heard of this company: Penn National. An independent agent sent me their quotes for auto, renter's and umbrella insurance which are better than the closest competitor (State Farm) by around $450/yr. I am seriously considering using them for my insurance needs. However, almost all reviews...
by kiddoc
Thu Jul 27, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6841

Re: State Farm vs Penn National- auto, renters, umbrella?

Make sure both of your quotes include discounts for getting all the policies with the same company. If you price policies individually, the costs may be substantially higher. Yes, both quotes include multi policy discounts. What worries me now is that almost every experience I can find online for p...
by kiddoc
Wed Jul 26, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6841

Re: State Farm vs Penn National- auto, renters, umbrella?

OK here we go: Final options are in: State Farm Auto: Good liability coverage, but slightly less bells and whistles: 900/6 mths Renters: Good liability and replacement options: 163/yr Umbrella for 2M: 313/yr Independent agent recommends- Penn National Auto: Good liability coverage with lots of bells...
by kiddoc
Sat Jul 22, 2017 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to use a non-government 457b?
Replies: 2
Views: 388

How to use a non-government 457b?

I will be joining a large organization as an employed physician soon. So far, I have been with a small private practice; decided to abandon the partnership track as the finances/income stream security terms were not making sense. DW and I are in mid-30s, good savers, have negligible debt but have no...
by kiddoc
Sat Jul 22, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6841

Re: Why does State Farm have poor reviews?

Thanks everyone. I will give a serious look to State Farm and consider insuring with them once the independent agent gets back to me.
by kiddoc
Fri Jul 21, 2017 12:43 am
Forum: Investing - Help with Personal Investments
Topic: ibond purchases on treasurydirect
Replies: 11
Views: 1689

Re: ibond purchases on treasurydirect

I would convert the paper bonds into electronic bonds right away for ease of accounting/ keeping track of things:

Convert Your Paper Savings Bonds Using SmartExchange
by kiddoc
Thu Jul 20, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: State Farm vs Penn National- auto, renters, umbrella?
Replies: 58
Views: 6841

State Farm vs Penn National- auto, renters, umbrella?

***********Updated question********* Final options are in: State Farm Auto: Good liability coverage, but slightly less bells and whistles: 900/6 mths Renters: Good liability and replacement options: 163/yr Umbrella for 2M: 313/yr Independent agent recommends- Penn National Auto: Good liability cover...
by kiddoc
Wed Jul 19, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 52
Views: 5352

Re: Physician Compensation and Subspecialties

1- How much does the 7 days on/ 7 days off schedule for full time pay matter to you? Very few subspecialists have that kind of a schedule. Subspecialists' schedules are typically more stressed and can involve driving to multiple locations/ shuttling between clinic and hospital. 2- Especially if you ...
by kiddoc
Tue Jul 18, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 5001

Re: Good Service for Flagship Investors

kiddoc, am curious to know how recently the mistakes you enumerated were made. I'm trying to overcome my bad impression of Vg from attempts to transfer an IRA there a few months ago. 5 errors in the last 3 years. To be fair to them, they haven't messed up anything in my IRA after the initial mis-re...
by kiddoc
Tue Jul 18, 2017 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 5001

Re: Good Service for Flagship Investors

My poor experiences comprise the following: 1) Taxable account- SpecID sell orders for TLH processed as FIFO generating taxable gains (covered shares). 2) Taxable account- Generated wash sale by re-investing dividends going against clear instructions from me on their website. 3) Taxable account: Re...
by kiddoc
Tue Jul 18, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 35
Views: 5001

Re: Good Service for Flagship Investors

I am glad people are posting good experiences to put things in context. I think Vanguard has the best investment products. Unfortunately, my experiences with brokerage and record keeping in Voyager Select have not been great so I am probably not going to reach Flagship level. For now, I am keeping s...
by kiddoc
Sat Jul 15, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Inconsistent Vanguard requirements for gifting stock
Replies: 3
Views: 390

Re: Inconsistent Vanguard requirements for gifting stock

Sounds pretty par for the course for Vanguard going by my experiences. I go there expecting incompetence and inconsistencies as a way of life at Vanguard. My advice: Call them once but if they mention referring you to their resolutions department, you will probably be better off jumping through the ...
by kiddoc
Thu Jul 13, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2988

Re: The CAPEable Portfolio!

I use something similar but less dramatic. My cash/bond deviation from goal caps out at 15-20%. I am sure if you do a long term analysis where the market eventually recovers, a buy and hold strategy would be much more successful than this. Larry Swedroe analyzed an interesting article from Estrada e...
by kiddoc
Thu Jul 13, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3596

Re: Moving a car cross country

Thanks for the offers guys. It's a move from the South to a Mid-atlantic state. For now, DW and I have decided to make a road trip of it. If she changes her mind, will let you know.
by kiddoc
Thu Jul 13, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Hotel tipping: how much to leave?
Replies: 72
Views: 5064

Re: Hotel tipping: how much to leave?

Single night stay- arrive in evening, leave in morning: usually don't tip.

Multi-night stay: $5/night

Exceeds expectations: Extra $10
by kiddoc
Thu Jul 13, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Tipping packers/ movers for long haul move
Replies: 2
Views: 488

Tipping packers/ movers for long haul move

In the past, whenever I have moved, the same team has packed/ moved my relatively small sized home. They come in the morning, pack everything, load it up and leave. I usually tip every team member $20 once they have loaded everything. Then, I tip the unloading staff $20 each when they deliver/ unloa...
by kiddoc
Tue Jul 11, 2017 9:15 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3596

Re: Moving a car cross country

Thank you all. Great pieces of advice! Some pearls that really stuck with me: Crosscountry driver.com or other websites- Asked for quotes: Ballpark $1.5/mile (trip is ~1200 miles). None of these companies insure their drivers. They basically said: your car, your insurance, your liability if our driv...
by kiddoc
Mon Jul 10, 2017 11:10 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3596

Re: Moving a car cross country

Goal33 wrote:Can the outback tow the accord?
i would hate to tow a car that far. For one, it may not be safe as we have never towed a car before. Moreover, in my mind, towing just increases the engine wear and tear exponentially. I am hoping to keep the Subaru for at least a decade.
by kiddoc
Mon Jul 10, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Moving a car cross country
Replies: 54
Views: 3596

Re: Moving a car cross country

Shaving a day's travel, splitting 18 hours of driving time with spouse, and spending about half of that time relaxing in the passenger's seat, and all of it in the vehicle with my spouse rather than alone, would have significant value to me. OP's nick suggests a relatively lucrative career. I'd lea...