Search found 634 matches

by ram
Sat May 14, 2016 1:12 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads® Wiki 2016 annual report
Replies: 21
Views: 1854

Re: Bogleheads® Wiki 2016 annual report

Thank you to everybody who has contributed to this work.
by ram
Thu May 12, 2016 9:29 pm
Forum: Personal Consumer Issues
Topic: Gifted math program for 1st grade
Replies: 66
Views: 6511

Re: Gifted math program for 1st grade

Both our children (now in med school and college) benefited from GT programs at their elementary school and later did 14 to 15 AP courses in high school.
by ram
Thu May 12, 2016 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Costco AMEX Transition - Costco has no answers
Replies: 163
Views: 25234

Re: Costco AMEX Transition - Costco has no answers

I got a letter from Fido that the new card will come in July. The 2% rewards stay.
by ram
Thu May 05, 2016 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Grad School Funding
Replies: 10
Views: 797

Re: Grad School Funding

How about putting the maximum amount that your state will let you deduct taxes on in a 529 account. ( some states do allow this). Invest this year and next.
by ram
Mon May 02, 2016 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House
Replies: 64
Views: 6276

Re: How Much House

House- 2900 sq feet and 1200 finished basement. (4100 total) 0.8 annual combined income at time of purchase. This is rural midwest. Low COL. 35 minutes from work on foot and 7 min by car. Wife and I work in neighboring buildings. Maybe a bit bigger than needed now that both kids are in college. But ...
by ram
Sun May 01, 2016 4:20 pm
Forum: Investing - Theory, News & General
Topic: The 529: The Ultimate Bond Vehicle?
Replies: 21
Views: 2817

Re: The 529: The Ultimate Bond Vehicle?

I had not considered this option and am not fully convinced that it is a worthwhile plan. However the most likely outcome for us will be that we will inadvertently end up with >50 K in 529 plans after our kids finish college. Both of them got significant scholarships. (This scenario assumes that the...
by ram
Sat Apr 30, 2016 8:45 pm
Forum: Personal Consumer Issues
Topic: Visiting Napa Valley, CA
Replies: 18
Views: 1489

Re: Visiting Napa Valley, CA

Thank you all. Keep it coming.
by ram
Sat Apr 30, 2016 12:50 pm
Forum: Personal Consumer Issues
Topic: Visiting Napa Valley, CA
Replies: 18
Views: 1489

Re: Visiting Napa Valley, CA

You didn't say what kind of wine you like, what time of year you are going, and price point. Two good hiking trails are the Oat Mine Trail and Table Rock Trail near Calistoga, but I'm not sure I'd do that in the afternoon heat during the summer. Sorry. I will be there in 2 weeks. I am not very know...
by ram
Fri Apr 29, 2016 11:04 pm
Forum: Personal Consumer Issues
Topic: Visiting Napa Valley, CA
Replies: 18
Views: 1489

Visiting Napa Valley, CA

I am attending a 2.5 day conference at Silverado Resort, Napa Valley in mid May(staying there). I will be done at friday noon and we have the rest of friday and whole of saturday free. We fly out Sun morning. My wife will be free all 4 days. We are in our late 40's/ early 50's and in good physical s...
by ram
Fri Apr 29, 2016 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: VG - brokerage "upgrade"
Replies: 14
Views: 1737

Re: VG - brokerage "upgrade"

I think "transition" to brokerage ac is probably a better description than an "upgrade"
by ram
Wed Apr 27, 2016 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Billing Practices
Replies: 26
Views: 1968

Re: Medical Billing Practices

It appears that you are being billed after the service had been provided. I dont blame you that you liked the longer gap from the date of service to the date of payment. If that is very important simply change physicians. However the next medical practice will get the same payment for the same visit...
by ram
Mon Apr 18, 2016 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: VA Medical Benefits
Replies: 13
Views: 1578

Re: VA Medical Benefits

I am not a vet. I am a physician and part of my medical training was in the VA medical system. I currently do not work at a VA center but have friends who do. Most large urban VA clinics and hospitals are affiliated with a university and many conduct top notch research. I would be inclined to believ...
by ram
Sun Apr 17, 2016 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Medical School preparation Pointers for a Sophomore Student
Replies: 48
Views: 3211

Re: Medical School preparation Pointers for a Sophomore Student

http://www.startmedicine.com/app/medstatistics.asp

My daughter got decent GPA and MCATscores, volunteered at the local hospital and overseas at a 3 month camp and applied to about 20 schools. Now in her 2nd yr of med school.
by ram
Sat Apr 16, 2016 1:42 am
Forum: Personal Consumer Issues
Topic: Cost of medication - Costco versus Walgreens
Replies: 31
Views: 5339

Re: Cost of medication - Costco versus Walgreens

I had the dubious honor of being diagnosed with pneumonia today. I am on Medicare, and my Part D is the AARP sponsored United Health plan. My doctor faxed over a prescription for an antibiotic to Walgreens, and my personal responsibility for the ten day supply was over $35. Out of curiosity, I then...
by ram
Thu Apr 14, 2016 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax- How to correct the backdoor Roth entry
Replies: 2
Views: 270

Re: TurboTax- How to correct the backdoor Roth entry

If you just entered a 1099-R that would be for the conversion to Roth IRA. It does not handle the contribution to Traditional IRA. Make sure you enter the contribution to Traditional IRA into your tax return as well. If your tax situation is such that you cannot deduct the TIRA contribution, form 8...
by ram
Thu Apr 07, 2016 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax- How to correct the backdoor Roth entry
Replies: 2
Views: 270

TurboTax- How to correct the backdoor Roth entry

I am filing my 2015 taxes with turbotax. (the internet based version). My wife and I have contributed to Traditional IRA and then one day later transferred it to Roth in Jan 2015. I went thru the question answer method of turbo tax and it seems that I missed something. Before filing I looked at the ...
by ram
Wed Mar 30, 2016 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Clothing budget for DVM's, MD's, and other kinds of Medical Professionals
Replies: 38
Views: 3157

Re: Clothing budget for DVM's, MD's, and other kinds of Medical Professionals

Male MD. I wear a tie Mon - Fri but not on the weekend hospital rounds. A suit only if I am giving a lecture, board meeting etc, not while seeing patients. Annual budget - do not monitor but perhaps 1000/yr. Five suits in last 10 yrs all in good condition. Wife is a physician too. She is sometimes i...
by ram
Sun Mar 27, 2016 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Life Insurance - how much to get (medical resident)
Replies: 3
Views: 477

Re: Life Insurance - how much to get (medical resident)

Your logic for your own term life insurance is reasonable. For your wife I would get at least 500 K and preferably 1 M policy for 10 yrs. You may also want to consider total of 3 M policies for yourself but the third million could easily be added after you become an attending. The cost of premium fo...
by ram
Tue Mar 22, 2016 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal income inequality, pay off mortgage or invest?
Replies: 44
Views: 5572

Re: Spousal income inequality, pay off mortgage or invest?

What do you think paying down the mortgage in around 5-6 years instead of investing?[/quote]

We found that paying the mortgage within a few years was very satisfying.
by ram
Sat Mar 12, 2016 1:48 am
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 5031

Re: Advice for physician asking for a raise

In general physician salaries are lower on the coasts and better in the middle of the country. (Assuming all other things remaining equal). Salaries are better in rural areas than in urban areas. When compensation is all or predominantly a fixed salary amount the employer attracts a particular type ...
by ram
Sat Mar 05, 2016 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: HSA vs PPO
Replies: 9
Views: 1236

Re: HSA vs PPO

Putting money in HSA does not always save you the SS tax. If income exceeds 125,250 then contributing 6,750 to HSA leaves a balance of 118,500 on which all of the SS tax will need to be paid. (Assume no contribution to 401K etc). ( If 18000/ 24000 is being saved in 401K then the corresponding number...
by ram
Sat Mar 05, 2016 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on nonqualified 529 withdrawals - and strategies
Replies: 14
Views: 1045

Re: Taxes on nonqualified 529 withdrawals - and strategies

We have 2 sets of 529 accounts for each of our 2 children. Initially we invested $3000 per child/yr in our state's 529 plan to get the state tax deduction. We did not invest any thing beyond that. This has been invested in US total stock (100%) for many years and has had good gains. Later we investe...
by ram
Mon Feb 29, 2016 12:18 am
Forum: Personal Finance (Not Investing)
Topic: where to get 3% real with the least amount of risk?
Replies: 56
Views: 6411

Re: where to get 3% real with the least amount of risk?

I will also be happy with a 3% real return. The way I look at it is- 1) I need a 3% real return. (as best as these things can be predictable) 2) I am willing to take whatever risk is needed to get that return. (but no more) Obviously one will need to make some assumptions: a) Stocks will give 4% rea...
by ram
Thu Feb 25, 2016 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Scores for Immigrants
Replies: 9
Views: 938

Re: Credit Scores for Immigrants

Many years ago I had gone out of US for a job for 3 years. Upon return my credit was not good enough for $300. I was refused a cell phone and got it only after I gave a cash deposit of $300.
After 2 years of bogleheadish use of CCs my score exceeded 800.
by ram
Tue Feb 23, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Home to Downsize
Replies: 10
Views: 1424

Re: Buying Home to Downsize

Your plan is perfectly fine. If I had that level of resources I would not bother with renting during transition.
by ram
Tue Feb 23, 2016 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Best 457 plan administrator (I'm looking for one to offer to employees)
Replies: 11
Views: 985

Re: Best 457 plan administrator (I'm looking for one to offer to employees)

My 457 plan is with Fidelity. I pay zero admin fees. (perhaps my employer pays on my behalf). There are many choices with some having an ER of 1.3%. But there are 3 or 4 spartan funds. My money is usually in the spartan 500 or spartan total market with an ER of 0.1%. The website is very good and I h...
by ram
Sun Feb 21, 2016 11:57 pm
Forum: Personal Consumer Issues
Topic: Don't understand nutrition and exercise
Replies: 340
Views: 25985

Re: Don't understand nutrition and exercise

http://www.ncbi.nlm.nih.gov/pubmed/1454084

"subjects in group 1 underreported their actual food intake by an average (+/- SD) of 47 +/- 16 percent and overreported their physical activity by 51 +/- 75 percent."
by ram
Sat Feb 20, 2016 11:47 am
Forum: Personal Consumer Issues
Topic: Leave Thermostat Alone or Adjust It?
Replies: 81
Views: 5392

Re: Leave Thermostat Alone or Adjust It?

The temperature at which different people feel comfortable will depend not only on habit but also on how much fat they store below their skin. If a sumo wrestler married a ballerina they would likely be frequently arguing over where to set the thermostat. Perhaps the same person may like different i...
by ram
Sat Feb 13, 2016 6:10 pm
Forum: Investing - Theory, News & General
Topic: Any regrets by people 50+ for having a conservative portfolio in their 30's
Replies: 68
Views: 8111

Re: Any regrets by people 50+ for having a conservative portfolio in their 30's

Sai, You do not NEED to take the extra risk to achieve your objective. (assuming that you continue to save the same way by which you have reached 10 X at age 30). However if you are hell bent on taking the extra risk by moving 10% more to stocks the most likely outcome would be that you would end up...
by ram
Sat Feb 13, 2016 1:23 pm
Forum: Personal Consumer Issues
Topic: Weight Loss Plans?
Replies: 178
Views: 13367

Re: Weight Loss Plans?

There is very little correlation between exercise and your weight (especially as you get older) Even so, exercise contributes to being a healthy person. There are a lot of sickly thin people in this world who rely on dieting alone. I totally agree. Exercise is an important component of being health...
by ram
Sat Feb 13, 2016 12:59 pm
Forum: Personal Consumer Issues
Topic: Weight Loss Plans?
Replies: 178
Views: 13367

Re: Weight Loss Plans?

cheese_breath wrote:Best weight loss plan I know is eat less, exercise more.

I am inclined to believe that the above is the weight loss equivalent of the 3 fund portfolio. Certainly many people here use other perfectly satisfactory portfolios but the 3 fund folio has a large following here for a reason.
by ram
Fri Feb 12, 2016 12:39 am
Forum: Personal Consumer Issues
Topic: Relocating for a job--lots of life changes
Replies: 43
Views: 3033

Re: Relocating for a job--lots of life changes

Unless your fiancee has strong objection to it-move.
This is from somebody who has moved for jobs to 3 different countries some of which are 10,000 miles apart. These things are best done at a young age.
by ram
Thu Feb 11, 2016 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should I change Asset Allocation to a more conservative mix
Replies: 22
Views: 2644

Re: Should I change Asset Allocation to a more conservative mix

I reviewed this thread again today. As many pointed out in the replies markets can go down and they have. In March 2015 after considering all opinions I had elected to "stay the course". In retrospect 'as of today' that was a bad decision. However it may still turn out to be a satisfactory...
by ram
Thu Feb 11, 2016 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should I change Asset Allocation to a more conservative mix
Replies: 22
Views: 2644

Re: Should I change Asset Allocation to a more conservative

If it were me, I wouldn't pay capital gains tax to be more conservative, but if I wanted to reduce risk faster, I would start redirecting stock dividends and all my fresh savings to bonds. If you're much closer to the retirement nest egg you think will do, perhaps also consider changing your 1% gli...
by ram
Sun Feb 07, 2016 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Car-Certified Lexus LS 460 Vs New ES 350 Vs New RX 350
Replies: 75
Views: 10210

Re: Car-Certified Lexus LS 460 Vs New ES 350 Vs New RX 350

Saw this today. I got exact same response from some of the dealerships but not this one . Of note I had seen a private party LS earlier that day and had a bill from a mechanic that I had evaluated it paying my own money. They knew I was serious. I told them that is what I would pay or else I was goi...
by ram
Sat Feb 06, 2016 7:14 pm
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3758

Re: Advice for parents with Perfectionist Child?

My kids are now in med school and college but did all the above stuff in school. Their attitude especially son's was always enjoy the free trip and and 'official' non attendance of school and if they win that's good too. They enjoyed their school trips to Alaska, Washington DC, Orlando, California f...
by ram
Thu Feb 04, 2016 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 11160

Re: How to get a 200k+/year job?

I am a physician working in 'middle of nowhere'. We are trying to recruit a partner and will gladly pay >200K. The job will be very steady. We were begging my senior partner to stay on longer. He retired at 65 as he had 'more than enough'. The required educational qualifications require typically 14...
by ram
Sat Jan 30, 2016 11:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard introducing 0.01% expense ratio funds
Replies: 24
Views: 4932

Re: Vanguard introducing 0.01% expense ratio funds

I hope somebody from Vanguard reads this thread. In the last 5 years more people are moving from active funds to indexing. In the last 2 decades the top 5% of the population is getting much richer than the lower 95%. This would mean that there would be quite a few people with 2 to 10 million of inve...
by ram
Mon Jan 25, 2016 8:30 pm
Forum: Personal Consumer Issues
Topic: Is Nitrogen better than air?
Replies: 86
Views: 10244

Re: Is Nitrogen better than air?

Is nitrogen better than air:
- Certainly not for breathing. :D
- And marginally if at all for tire inflation.
by ram
Sat Jan 23, 2016 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: High income earners and retirement budget?.
Replies: 37
Views: 4501

Re: High income earners and retirement budget?.

No. Over the last decade our expenses can be categorized as - 1) Mortgage - now gone. 2) College education - now gone as 529 plans are adequately funded. 3) Retirement savings- not applicable once retired. 4) Taxes- Will be lower in retirement. 5) Other. Only the 4) and 5) are relevant in retirement...
by ram
Sun Jan 10, 2016 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Employer 401k contribution
Replies: 13
Views: 1466

Re: Employer 401k contribution

The firm will now match $0.30 for every dollar on the first 3% of employee's contribution. . I suspect this may actually be - The firm will now match $0.30 for every dollar on the first 3% of employee's SALARY. If that is true, then: Lets say your annual salary is 600,000. You save 3% of it = 18,00...
by ram
Sun Jan 10, 2016 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: International stock investment: Index Vs active
Replies: 2
Views: 638

International stock investment: Index Vs active

My investment portfolio exceeds a million. My investment policy statement states: 1. Amongst stocks 66.6 % (+/- 3.3 % ) in domestic stocks. ( This is all currently invested in vanguard index funds) 2. And ------------ 33.3 % ( +/- 3.3 % ) in International. 3. Amongst International 30 % in Emerging m...
by ram
Tue Dec 29, 2015 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Employer 401k contribution
Replies: 13
Views: 1466

Re: Employer 401k contribution

The firm will now match $0.30 for every dollar on the first 3% of employee's contribution. . I suspect this may actually be - The firm will now match $0.30 for every dollar on the first 3% of employee's SALARY. If that is true, then: Lets say your annual salary is 600,000. You save 3% of it = 18,00...
by ram
Mon Dec 21, 2015 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Disputing medical bill from doctor
Replies: 14
Views: 1731

Re: Disputing medical bill from doctor

All patients are entitled to a copy of their medical record. Ask for a copy for the applicable dates. You may have to pay $0.25 per page.
It is extremely unlikely that he will create a fraudulent record. If there is no record simply point it out.
by ram
Sat Dec 19, 2015 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned about 457(b) plan - advice needed!
Replies: 18
Views: 1339

Re: Concerned about 457(b) plan - advice needed!

I invest in a private 457 ac. The question simply boils down to : return of my money Vs return on my money. I will never put more than 10% of my net worth in 457 B account. If I lose it I wont starve. Also a few things different than you are - I am much older, i.e. more nearer retirement and so I si...
by ram
Fri Dec 18, 2015 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Large Stock Market Decline Today - What's going on?
Replies: 46
Views: 4504

Re: Large Stock Market Decline Today - What's going on?

There was no blood on the street this year, but just some oozing plasma from time to time and that was enough for me to buy.
I have a few thousand dollars in cash to deploy and hopefully the market will keep going down on Monday.
by ram
Fri Dec 18, 2015 9:49 pm
Forum: Personal Consumer Issues
Topic: I would like to play the Boglehead car game too
Replies: 163
Views: 10967

Re: I would like to play the Boglehead car game too

My rule of thumb is no more than 3 months of salary for a "new" car. This works fine for doctors. At the lower end of doctors salary of 144 K this would mean a pretty decent car such as a high end Camry, Accord or even an Avalon (36 K car). At the OP's salary it would be an approx 75 K car...
by ram
Thu Dec 17, 2015 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Seattle-what can we really afford?
Replies: 42
Views: 3995

Re: Seattle-what can we really afford?

My budget for a house is < 3 times annual salary. But it is easy for me to say that as i live in a low COL area. Where as your stated budget is not ideal, it is not outrageous either.

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