Search found 709 matches

by ram
Sun Nov 27, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare billing question
Replies: 16
Views: 1703

Re: Medicare billing question

Does the doctor have any liability in knowing if the claim / procedure is covered my Medicare? Thanks No. Insurance company rules are not part of medical school/residency curriculum. Physicians are required to do "X" hours of continuous medical education per year by their state boards ('x...
by ram
Sun Nov 27, 2016 12:09 pm
Forum: Investing - Theory, News & General
Topic: Anybody regretting holding on to your REITS?
Replies: 97
Views: 11115

Re: Anybody regretting holding on to your REITS?

I believe in market timing in REITS. I just bought some recently and this thread reassures me to buy some more. I use upto 10% (usually <5%) of my portfolio for over-weighing out of favor sectors. All REIT transactions are done in Roth accounts. More than 90% of the portfolio is invested according t...
by ram
Tue Nov 22, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 187
Views: 15088

Re: Retreat to cash

Your plan of action for the next year is appropriate for your beliefs of the next year. Please give a thought to your plan in case of various scenarios 1 year from now. (Market up/ down/ steady). I do not share your beliefs. My best guess is the market will go up by 8% in next 12 months. That's my d...
by ram
Sun Nov 20, 2016 3:20 pm
Forum: Personal Consumer Issues
Topic: Fountain Pens - Do you use one?
Replies: 79
Views: 3983

Re: Fountain Pens - Do you use one?

I liked my Sheaffer pen that I used in the early 1980's. Haven't used fountain pens recently.
by ram
Thu Nov 17, 2016 11:41 pm
Forum: Personal Consumer Issues
Topic: Honda Cars
Replies: 96
Views: 7958

Re: Honda Cars

Good cars. I have a honda odyssey now ( 2006, 95 K miles) and had 2 accords before.
But I think Toyotas are slightly better. Had Camry and currently have Avalon.
by ram
Sat Nov 12, 2016 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Go part time number
Replies: 63
Views: 6027

Re: Go part time number

We are a 2 physician family. We have >15x of annual spending at this time. My wife declined a higher paying promotion last year. I will be giving up my position as dept chair from Jan 1. My wife may go part time in the next few years. The general idea is to slow down rather than collect 35x or 40x o...
by ram
Sat Nov 12, 2016 4:11 pm
Forum: Personal Consumer Issues
Topic: Advice on car purchase
Replies: 16
Views: 1986

Re: Advice on car purchase

I have used the above advice from livesoft with great success and am very satisfied with my lexus which I bought as it came off a 3 yr lease.
by ram
Thu Nov 10, 2016 7:47 am
Forum: Personal Consumer Issues
Topic: Camera recommendations- Not SLR
Replies: 52
Views: 3715

Re: Camera recommendations- Not SLR

Tanks a lot. Will wait.
by ram
Wed Nov 09, 2016 11:30 pm
Forum: Personal Consumer Issues
Topic: Camera recommendations- Not SLR
Replies: 52
Views: 3715

Re: Camera recommendations- Not SLR

I have decided to buy the Panasonic LUMIX DMC-ZS100 Camera, (20.1 Megapixels 1-inch Sensor 4K Video, WiFi, 3.0-inch LCD, Leica DC Lens 10X F2.8-5.9 Zoom).
Is Amazon good enough site to buy or are there any others.
MSRP $ 699. Amazon price 697
by ram
Mon Oct 31, 2016 6:01 pm
Forum: Personal Consumer Issues
Topic: Rationale for doctors' offices not booking >6 months ahead?
Replies: 26
Views: 2682

Re: Rationale for doctors' offices not booking >6 months ahead?

This is how it works in my office: (specialty care) If I see you today, I mark on a sheet of paper: follow up in 1 yr with labs A, B and C. My staff will say "Sorry, cant book that much in advance. Will contact you when schedule opens up." This sheet for appointment is kept in a folder lab...
by ram
Sun Oct 30, 2016 11:17 pm
Forum: Personal Consumer Issues
Topic: PCP recommendations in Nassau County, NY? [Primary Care Physician]
Replies: 9
Views: 954

Re: PCP recommendations in Nassau County, NY? [Primary Care Physician]

I am more than a 1000 miles away from you and can not give you specific advice. However I would suggest that you put your desires in order of preference and try to get the top two. 1) Listens. 2) compassionate 3) knows his stuff. If this is the order then a doctor in training ( resident) will satisf...
by ram
Wed Oct 26, 2016 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Starting a Medical Practice
Replies: 12
Views: 1038

Re: Advice: Starting a Medical Practice

Totally making up the numbers. - Say she sees 20 pts/day x 225 days a yr = 4500 patients. - Lets say each pt is billed $200 = 900,000. Scenario A: 1500 medicare patients paying 20% of billed amount = 300K x .2= 60K. 1500 medicaid pts paying 10% of billed amount = 30 K and 1500 commercial pts paying ...
by ram
Wed Oct 26, 2016 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: ER Scenario [Early Retirement]
Replies: 7
Views: 1116

Re: ER Scenario

If you take 2.8 million and a conservative 2.5% withdrawal rate (due to the long duration) it comes to 70,000/yr. So if you make an additional 7 K/yr then you reach your 77K target . Or work some more to increase the kitty by another 10% . 2.5 % of 3.1 M gets you to 77k/yr (Edit: Sorry missed the af...
by ram
Wed Oct 26, 2016 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Starting a Medical Practice
Replies: 12
Views: 1038

Re: Advice: Starting a Medical Practice

Look up the subspecialty medical organization for her for advice and a possible mentor. A mentor in the same sub spl will be more helpful. She can become a member if she is not at present. - Solo practitioners are a dying breed. Look up the statistics and be aware of the chances of this not working....
by ram
Fri Oct 21, 2016 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Got Chase sapphire reserve credit card. Can I close C S preferred
Replies: 16
Views: 2021

Re: Got Chase sapphire reserve credit card. Can I close C S preferred

Thank you everybody. I will close the card. I have other 2% cashback cards ( Fido visa). Later if I open the freedom card I will collect the new ac bonus for the freedom card. I would not be affected by the 5/24 rule.
by ram
Wed Oct 19, 2016 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Got Chase sapphire reserve credit card. Can I close C S preferred
Replies: 16
Views: 2021

Got Chase sapphire reserve credit card. Can I close C S preferred

I have had Chase sapphire preferred card for the last 1 yr and 10 months. I have about 11000 ultimate rewards points currently from using this card. I got the CS reserve card a few weeks ago. Can the UR points collected by using the CS preferred card be used in association with the CS reserve card. ...
by ram
Mon Oct 17, 2016 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Need $240K. Which funds should I withdraw from?
Replies: 7
Views: 1315

Re: Need $240K. Which funds should I withdraw from?

This is a quick and dirty answer. (The people here will need far more data to give you the perfect answer.) 1. Take all the money out of the funds that has a loss, a $5 profit and the $450 profit. The profit here and therefore the tax consequences are very minor and the details will not matter. 2. Y...
by ram
Sat Oct 08, 2016 10:37 pm
Forum: Personal Consumer Issues
Topic: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"
Replies: 109
Views: 13426

Re: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"

I'm wondering how others resist lifestyle creep when everyone around them is spending. I'm a junior associate at a large law firm and my DW is a teacher at a (ritzy) private school. We're both pretty naturally frugal and are driven to be even more so at the moment as we push to pay off my law schoo...
by ram
Sat Oct 08, 2016 9:33 pm
Forum: Personal Consumer Issues
Topic: Best car for night driving
Replies: 47
Views: 3101

Re: Best car for night driving

I am comfortable with both my cars for night driving (not very old yet). However the Lexus LS has much better lights than the honda odyssey.
by ram
Sat Oct 08, 2016 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing saving for a house, parent-in-law support, and retirement
Replies: 5
Views: 959

Re: Balancing saving for a house, parent-in-law support, and retirement

Assumptions: 1. The parents in law are responsible with the money. (not spendthrifts) 2. Their tax rate in their host country is lower than your tax rate in US. Pay them today's equivalent of future $1000 / mo now and let it compound at their lower tax rate in their taxable account in their country....
by ram
Sat Oct 08, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Is Private high school in the good school district worth investing?
Replies: 78
Views: 6840

Re: Is Private high school in the good school district worth investing?

Well, I admit 500K annual income is a lot,and you can call me I am a super rich (Yay! but I still feel, I am not, yet.). But no one guarantee that level of income will last forever, we have higher level of stress and we need to prepare for the worst. Then this makes the choice very easy. Go public....
by ram
Sat Oct 08, 2016 2:57 pm
Forum: Personal Consumer Issues
Topic: Camera recommendations- Not SLR
Replies: 52
Views: 3715

Re: Camera recommendations- Not SLR

You probably want something with a 1" sensor for great shots but you may struggle with only $400. Otherwise regular point and shoots are not going to offer anything much better than a smartphone unless you need the zoom. Consider a sony rx100 1st model ($448) or a canon g9x ($479) Both in the ...
by ram
Sat Oct 08, 2016 1:53 pm
Forum: Personal Consumer Issues
Topic: Camera recommendations- Not SLR
Replies: 52
Views: 3715

Re: Camera recommendations- Not SLR

You probably want something with a 1" sensor for great shots but you may struggle with only $400. Otherwise regular point and shoots are not going to offer anything much better than a smartphone unless you need the zoom. Consider a sony rx100 1st model ($448) or a canon g9x ($479) Both in the ...
by ram
Fri Oct 07, 2016 11:01 pm
Forum: Personal Consumer Issues
Topic: Camera recommendations- Not SLR
Replies: 52
Views: 3715

Camera recommendations- Not SLR

We have a Sony SLR. It gets good pictures. It is not practical to carry for short vacations. My wife and I use I phones and these have reasonable cameras. We are looking for something in between these two. Over the last 10 years we have used a series of $100 to $150 cameras and the last one of these...
by ram
Fri Oct 07, 2016 9:50 pm
Forum: Personal Consumer Issues
Topic: Luxury Cars - Am I missing out on creature comforts by not driving one?
Replies: 92
Views: 7177

Re: Luxury Cars - Am I missing out on creature comforts by not driving one?

I am somebody who used a motorcycle in college. Later when I moved to a very basic car the 'luxury' of avoiding the rain, wind, cold and sun was the most substantial change till date that I have noted while changing vehicles. Later I went through accords, camrys, honda odysseys and avalons and I cur...
by ram
Sat Oct 01, 2016 8:39 pm
Forum: Personal Consumer Issues
Topic: Nanny in Boston
Replies: 44
Views: 3320

Re: Nanny in Boston

A friend of ours moved from rural midwest to Boston. They paid more to have their old nanny (proven good worker) move to Boston, live with them and pay for occasional trips back to midwest . This was apparently cheaper than finding a new one in Boston. Many years ago a lady did household chores for ...
by ram
Sat Oct 01, 2016 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: A broker's response to 3 Fund Portfolio
Replies: 61
Views: 6148

Re: What was 2015 Portfolio cost and return?

Tharbors: Without facts and figures an advisor can say anything. Ask your bride to list each of her 25 funds (including Ticker Symbols) at the end of 2015 , and the amount of all commissions, fees and other costs she paid during that year. If her portfolio outperformed The Three-Fund Portfolio I wi...
by ram
Sat Oct 01, 2016 2:32 pm
Forum: Personal Consumer Issues
Topic: Where/how do Bogleheads get their tires inflated?
Replies: 97
Views: 6082

Re: Where/how do Bogleheads get their tires inflated?

Many people have suggested bicycle pump which is some thing I never thought about. Can somebody suggest a good quality bike pump.
by ram
Tue Sep 27, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: Spouse concerned about buying luxury SUV
Replies: 66
Views: 8378

Re: Spouse concerned about buying luxury SUV

After driving many Accords and Camrys we got an Avalon and last year a CPO Lexus LS 460. Both LS 460 and Avalon are very good sedans for long distance driving with Lexus being better. No significant expense on the Lexus but it is only 4 yrs old. We go to a local garage (not the dealer). All your cho...
by ram
Sun Sep 25, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 189
Views: 76893

Re: A time to EVALUATE your jitters

We like our work 80% of the time. But a few years ago the number was more like 90%. Slowing the pace may get it back up there. At least that is the hope.
by ram
Sun Sep 25, 2016 5:54 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 189
Views: 76893

Re: A time to EVALUATE your jitters

Nisiprius, Somehow I had missed reading this thread till today but agree with many others that it is an excellent post. I recall being apprehensive in 2008-2009 but continued to invest in stocks right through the downturn. I do not recall the 2011 dip at all but when I looked at my records I had mai...
by ram
Fri Sep 23, 2016 7:33 pm
Forum: Personal Consumer Issues
Topic: Cities like New Orleans?
Replies: 112
Views: 5907

Re: Cities like New Orleans?

I did not read all the replies. But I lived in New Awlins for a few years before Katrina. The best city in US for good food by a wide margin. It really is difficult to find bad food in New Orleans. Somebody is always partying. Mardi gras parades are fun, even the ones in the suburbs. Block parties w...
by ram
Wed Sep 21, 2016 6:58 pm
Forum: Personal Consumer Issues
Topic: Amtrak trip
Replies: 13
Views: 1809

Re: Amtrak trip

In Jun 2014 our Amtrak train from Seattle to Minneapolis was 16 hours late. The track is owned by somebody else (Warren Buffets company) and the freight trains carrying oil boom related construction material were given precedence over passenger trains on the single track in the Dakotas. We had run o...
by ram
Sun Sep 18, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: avalon hybrid
Replies: 32
Views: 2180

Re: avalon hybrid

I drove a Avalon 2006(non hybrid) for many years. My daughter is now using it. 150 K miles. Broke one set of springs when driving through a ditch filled with slush. ($1200). Otherwise routine maintenance. Excellent car. Very comfortable on long rides. I seriously looked at another 2 yrs ago when it ...
by ram
Sun Sep 18, 2016 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Analyze Finances Of Dental Practice I Might Buy Into [USA]
Replies: 50
Views: 2766

Re: Help Me Analyze Finances Of Dental Practice I Might Buy Into [USA]

Looks like having free time is more important to you than having ( potentially) a little more money. If I was in such a situation I would consider the following options (in order of preference): 1. Working for $X/ hour. (you are a long term locums). Negotiate any extra for call if relevant. 2.Workin...
by ram
Sun Sep 11, 2016 11:33 pm
Forum: Personal Consumer Issues
Topic: Trip to Norway - Aurora vs. Fjords
Replies: 18
Views: 1832

Re: Trip to Norway - Aurora vs. Fjords

Northern lights were seen from the banks of lake Superior (US side) a few days ago.
by ram
Sun Sep 11, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Help: Early Career Physician- Student Loans and Buying a Home?
Replies: 1
Views: 389

Re: Help: Early Career Physician- Student Loans and Buying a Home?

0.25 % even on a decreasing loan balance of about 100K is a fair amount of money and so I would pay annually (Av balance 50K x 0.25% x 5yrs = $625). Assuming you pay all your debts in a timely manner your credit score should be fine (say >780/850). If you really are worried about reaching a credit s...
by ram
Sat Sep 03, 2016 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to compare a mega corp job offer to a startup's
Replies: 31
Views: 2751

Re: How to compare a mega corp job offer to a startup's

In my healthcare company physicians are allowed to do outside consulting on their own time. The payment goes to the company and 70% of it is passed on to the employee. In other words my company assumes that benefits are $30 for every $70 i.e. 43% By this measure you should ask for 143% of current sa...
by ram
Sat Sep 03, 2016 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Drawing down Roth savings for college
Replies: 16
Views: 1254

Re: Drawing down Roth savings for college

30 K/yr assuming you are single should be enough. Not counting tuition my daughter in medical school lives on 18K per year. She is covered under my medical insurance. (Add about 2K for university insurance) Her car is covered under the family car insurance (say 1K) Her cell phone is on the family pl...
by ram
Fri Sep 02, 2016 8:20 pm
Forum: Personal Consumer Issues
Topic: Favorite Vegan Products
Replies: 57
Views: 3583

Re: Favorite Vegan Products

Fruits, Vegetables, Basmati rice (costco), black eyed beans, black gram (kala chana), kabuli chana, alfonso mango pulp (available in Indian groceries), Lara bar (amazon.com- some of these can be relatively unhealthy), coconut water, coconut milk (costco), dried mango slices, coconut and dates rolls,...
by ram
Wed Aug 31, 2016 7:24 pm
Forum: Personal Consumer Issues
Topic: WSJ $99 for 6 months -- worth it?
Replies: 54
Views: 3473

Re: WSJ $99 for 6 months -- worth it?

I use the otherwise unused airline miles for it and do not have the time to read more than 99 % of it. Next time I am planning to not even use the airline miles.
by ram
Mon Aug 29, 2016 11:43 pm
Forum: Personal Consumer Issues
Topic: Which physician job offer would you go for and why?
Replies: 39
Views: 4503

Re: Which physician job offer would you go for and why?

Additional useful information will be - What specialty. That will explain the intensity of call. (At the University job will he be working will fellows or only with residents) When taking call with fellows the intensity declines considerably. In other words is this friend fellowship trained and is t...
by ram
Sat Aug 13, 2016 4:42 pm
Forum: Investing - Theory, News & General
Topic: Confession~ I timed the market today
Replies: 31
Views: 3532

Re: Confession~ I timed the market today

I do something like this every year as part of a planned strategy with the 529 accounts. All of the 529 accounts are invested in 100% stocks. Usually I make a single annual withdrawal at a time that I think is the market peak for the year. I did that this year a few days ago when S & P was at 21...
by ram
Sat Aug 13, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: College major...medical
Replies: 26
Views: 2475

Re: College major...medical

Is there a HOSA ( Health Occupation Students of America) http://www.hosa.org/ chapter at his school. Both my children participated in it during high school. The local hospital/ clinic may want to support it if the school starts a chapter. Most healthcare companies have shortages of professional staf...
by ram
Mon Aug 08, 2016 12:35 am
Forum: Investing - Help with Personal Investments
Topic: New Physician Loan/Investing Advice
Replies: 16
Views: 1619

Re: New Physician Loan/Investing Advice

In the next 18 months you will make about 500K. Taxes = 150 K. Spending = 150 K. (about twice the residency level spending) Savings = 200K. Of this 200K 401 Ks for 2 people for 2 yrs = 72 K ( 18x 4) IRAs .............................= 22 K ( 5.5 x4) Student loan and intt .........= 56 K Current car ...
by ram
Fri Jul 29, 2016 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Insure Home for less than replacement value
Replies: 15
Views: 1007

Re: Insure Home for less than replacement value

Remember that land is not covered and you are wasting money if you are forced to purchase a limit higher than the structure replacement cost due to misclassification or perhaps due to a high mortgage balance. I realize that in most instances land is not lost. But there were instances on the west co...
by ram
Sun Jul 17, 2016 9:35 am
Forum: Personal Consumer Issues
Topic: Electric Scooter?
Replies: 54
Views: 4376

Re: Electric Scooter?

Honda metropolitans are commonly driven in my town where speed limits are 25-35 mph. They are also very common with students at University of Wisc, Madison and my daughter used it there for some time and was happy with its performance. The 49 cc engine will struggle to go uphill at 25 mph with a 200...
by ram
Mon Jul 11, 2016 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Bonds in Taxable Account
Replies: 26
Views: 2056

Re: Investing in Bonds in Taxable Account

I don't expect to spend anything from the taxable account. My heirs will appreciate the fact that I keep all equities there - and in the Roth. Most of my bonds are in my traditional IRA. If equities have better returns than bonds in the future my heirs will benefit from a stepped up basis of the eq...
by ram
Mon Jul 11, 2016 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Bonds in Taxable Account
Replies: 26
Views: 2056

Re: Investing in Bonds in Taxable Account

http://whitecoatinvestor.com/asset-location-bonds-go-in-taxable. I recently read the above article by While Coat Investor that advises about keeping bonds in taxable account for high earners. I am in the 39% federal tax bracket. Currently all my bonds are in the tax deferred space and predominantly...

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