Search found 1551 matches

by sambb
Wed Jul 19, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching major milestone, need cool-headed advice
Replies: 19
Views: 1403

Re: Approaching major milestone, need cool-headed advice

keep working. we are at multiyear high. would you retire if market tanked 30%
by sambb
Wed Jul 19, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 48
Views: 2873

Re: Physician Compensation and Subspecialties

You shoudlnt look at compensation. Instead, it is compensation by hours worked. I know two MDs. One works 12-14 hour days, 6 days a week, 365 days a year, and rarely takes vacation. he makes 2x as much as another MD in the same field, who works half as hard. So ultimately, they make the same.
by sambb
Mon Jul 17, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5271

Re: Investment advice for $4 million - can I do all stocks?

Put it all into tax managed balanced and forget about it. You will be happy.
by sambb
Sat Jul 15, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: 50% Cash, 50% Stocks: The Opportunistic Portfolio
Replies: 43
Views: 4029

Re: 50% Cash, 50% Stocks: The Opportunistic Portfolio

One doesn't have to identify the market bottom, if they just buy after a pullback of any kind they may be better than a higher price.

I don't time the market but it can be reasonable to pull money out if ones risk tolerance has changed
by sambb
Fri Jul 14, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11038

Re: How are folks handling the unprecedented rise in the market ?

nothing wrong with taking some profits off the table if you are uncomfortable with your allocation.
by sambb
Mon Jul 10, 2017 8:40 pm
Forum: Investing - Theory, News & General
Topic: "Top 5 posts of all times"
Replies: 17
Views: 4147

Re: "Top 5 posts of all times"

Thanks for the list. nice self promotion also of your investment theory.
by sambb
Mon Jul 10, 2017 5:17 am
Forum: Investing - Theory, News & General
Topic: The cost of car ownership
Replies: 51
Views: 3203

Re: The cost of car ownership

There are a lot of ways to save money. Why even own a car? Walk or ride a bike. Better yet, don't leave home. I am so glad I don't drive a 1999 Camry. And I am also glad that I went out to dinner last night with my family. Sure the $120 could grow to $1432.45 in years in the future and we could've s...
by sambb
Sun Jul 09, 2017 4:26 pm
Forum: Personal Consumer Issues
Topic: how to destroy hard disk with personal info
Replies: 99
Views: 6774

Re: how to destroy hard disk with personal info

Just did this.
A few whacks with a hammer to let water into the platter and shatter it.
Then soak in a small bucket with salt water for a week.
Corrosion + destruction. It works.
by sambb
Sat Jul 08, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: How much of an increase of salary would you expect before switching jobs?
Replies: 93
Views: 6002

Re: How much of an increase of salary would you expect before switching jobs?

I would change jobs if the new job adds to satisfaction in life/happiness etc. somehow. It is more than money. There are several intangibles that may be worth more or less than the financial reasons.
by sambb
Thu Jul 06, 2017 4:25 am
Forum: Investing - Theory, News & General
Topic: Time in the market is more important, But seriously ?
Replies: 60
Views: 7286

Re: Time in the market is more important, But seriously ?

investing at a peak can be bad. look at Japan.
if the OP is confident the market will go down, then maybe they shouldnt invest. i dont have that future view, so i do invest. its possible for them to be correct. i dont play that game, but in japan im sure some did.
by sambb
Wed Jul 05, 2017 6:36 pm
Forum: Personal Consumer Issues
Topic: Delta Air - various classes of service
Replies: 59
Views: 3405

Re: Delta Air - various classes of service

Domestic first class is nicer than coach and worth it to many people. Go for it!
by sambb
Tue Jul 04, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: What do you splurge on?
Replies: 133
Views: 10723

Re: What do you splurge on?

I like nice european cars, often sports cars - german or italian. I also like business class tickets when flying over an ocean from the US. I like the latest electronic items - laptops, tablets, phones. I dont mind spending on those. I dont really want a 10 year old camry, or to sit in economy on a ...
by sambb
Tue Jul 04, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 118
Views: 10273

Re: good values?, yes

Good value? Yes. Selection + price + ease of ordering + delivery. Best price? No. Don't care. I am not going to shop around to save $2 on an item. + 1000 ROI, not cost, is what matters The time I would have to invest in external shopping is worth so much more than a couple of bucks. I would gladly ...
by sambb
Mon Jul 03, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 12693

Re: Bogleheads: you should be buying 10-year old cars

There are a lot of ways to save money by buying 20 year old items - clothing, computers, etc.
Is it worth it? Not for me. You may feel differently.
by sambb
Sat Jul 01, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: Advice on Desktop PC
Replies: 87
Views: 4078

Re: Advice on Desktop PC

iMac is a top rated option
by sambb
Thu Jun 29, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: 27, Single, 25k Income with 100k Cash - Lost
Replies: 29
Views: 2784

Re: 27, Single, 25k Income with 100k Cash - Lost

I would use the 100K to improve your income. That is the investment with the best ROI. x2 This is the best advice ever given here. it seems like the concept of ROI is lost on a lot of people. I would NOT save most of it. Instead, i would invest in yourself to obtain the credentials and leadership a...
by sambb
Thu Jun 29, 2017 7:08 am
Forum: Personal Finance (Not Investing)
Topic: What Car Should I Buy My Daughter as a Graduation Present
Replies: 142
Views: 7949

Re: Any BHs Had Experience With the Honda Fit?

safety scores for cars dont consider that you can be hit by an SUV which weighs much more. Yes they do. I think you don't actually know anything about safety scores to make such a wildly incorrect claim. How the test works In the Institute's test, a 3,300-pound SUV-like barrier hits the driver side...
by sambb
Thu Jun 29, 2017 7:05 am
Forum: Investing - Theory, News & General
Topic: Time in the market is more important, But seriously ?
Replies: 60
Views: 7286

Re: Time in the market is more important, But seriously ?

go in gradual. nothing wrong with moving in slowly, to get used to the ups and downs.. You might be right - the market might drop. Do whatever you feel comfortable with. it probably doesnt matter in 20-30 years.
by sambb
Thu Jun 29, 2017 6:48 am
Forum: Investing - Theory, News & General
Topic: Bad year for Wellington?
Replies: 10
Views: 2264

Re: Bad year for Wellington?

Wellington is an actively managed fund, so you have risk that the manager wont perform.
by sambb
Wed Jun 28, 2017 7:56 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 6690

Re: Bogleheads: Please help me pick a new car

Lexus RX is the car you want. Period.
Not the outback.
by sambb
Tue Jun 27, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: (Almost) every day I make a financial mistake more costly than the day before
Replies: 57
Views: 7097

Re: (Almost) every day I make a financial mistake more costly than the day before

People here have been saying that the market is at a high, and interest rates can only go up - for the last FIVE years. Yes if you Invest now, you may be wrong and regret it, and the market might tank. Oh well, that happens. Or be paralyzed and wait for the market to go down. if the market dropped t...
by sambb
Sun Jun 18, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: What Car Should I Buy My Daughter as a Graduation Present
Replies: 142
Views: 7949

Re: Any BHs Had Experience With the Honda Fit?

safety scores for cars dont consider that you can be hit by an SUV which weighs much more. I would not get a fit. But, it comes down to risk tolerance.
by sambb
Sun Jun 18, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Example of why this forum is so good
Replies: 19
Views: 3233

Re: Example of why this forum is so good

Elaine Garzarelli, predicted the 1987 crash just prior to it. Later she was ousted. Cant go by one quote or another, or one post or another. This forum has a lot of collective wisdom and debate, and that is why i like it Good call by Mr. Ferri however. I believe last year, someone called an emerging...
by sambb
Sun Jun 18, 2017 7:14 am
Forum: Personal Consumer Issues
Topic: BMW X5 2017 - Seeking advice
Replies: 40
Views: 3207

Re: BMW X5 2017 - Seeking advice

I havent had too many problems with several BMWs, and the x5 is a great one to drive. Have fun, and yes maintenance is higher, but so are the driving dynamics. Consider a lease for 3 years with 10k miles per year.
by sambb
Sat Jun 17, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Turbochargers
Replies: 60
Views: 3928

Re: Turbochargers

The porsche 911 turbo, of any vintage, is really great. Love that one. I also like the biturbo mercedes in the S550.
by sambb
Sat Jun 17, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Has Vanguard gotten too big?
Replies: 30
Views: 4184

Re: Has Vanguard gotten too big?

To the OP: your story is typical of the state of customer service at vanguard, and there are far better alternatives out there. When costs get cut so much, that you cant run your customer service, then there is a C-Suite problem
by sambb
Tue Jun 13, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 37627

Re: Regret early retirement/downsizing

I really enjoy my job and the challenges. I have enough to retire, but dont want to.
by sambb
Sun Jun 11, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 566
Views: 141038

Re: Share your net worth progression

2008: -50k accounting for med school debt. 2017: 2.9 mln. 40 yo. Blood money tho. Been painful to earn every cent. Certainly don't feel rich. Don't think I ever will. Hoping to go to half time work in 10 yrs. Dunno when I can fully retire. Or if I really want to. At what number can one stop worryin...
by sambb
Sun Jun 11, 2017 5:52 pm
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 8206

Re: College admissions question - she got a "C"

Someone posted an excellent point about admissions becoming more selective over time. Tales of being accepted in 1980s-90s and earlier are great as general guidelines but are way out of date. Current costs, selectivity and competitiveness are a completely different animal - see stats on admittance ...
by sambb
Sat Jun 10, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 103
Views: 6851

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

I held AAPL for a long time, and thank goodness I did, instead of listening to advice on this board. Sold it at a large profit, and it was great.
by sambb
Sat Jun 10, 2017 7:28 am
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 8206

Re: College admissions question - she got a "C"

The "C" is not the only issue. The overall class rank matters. Higher = better. And yes, the "C" matters. Of course it does. But she can minimize the effect by getting As the rest of the time.
by sambb
Wed Jun 07, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: Chicagoan, 98, donates Walgreen stock bought decades ago.
Replies: 20
Views: 3024

Re: Chicagoan, 98, donates Walgreen stock bought decades ago.

Im glad he was a lucky stockpicker, and sounds like it was good for charity.
by sambb
Tue Jun 06, 2017 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Benefits of waiting to convert $4,000,000 in IRAs into Roth
Replies: 41
Views: 4710

Re: Benefits of waiting to convert $4,000,000 in IRAs into Roth

To the OP your answer depends on future tax brackets. If you can convert now at 40% and then taxes go up to 60% that might matter. It also depends on when the new bracket kicks in. If the future brings taxes at 60% starting at 75k of income that will also change your answer compared to converting no...
by sambb
Mon Jun 05, 2017 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 52
Views: 5203

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

darkhorse346 wrote:
sambb wrote:would definitely avoid vanguard and choose fidelity or schwab.


Are you speaking from experience, sambb?


yes, vanguard has threads here about customer svc and IT issues
by sambb
Mon Jun 05, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: SL Mercedes owners
Replies: 2
Views: 637

SL Mercedes owners

Does anyone own a mercedes SL convertible? How do you like it? Always wanted one of these classic cars.
by sambb
Mon Jun 05, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 52
Views: 5203

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

would definitely avoid vanguard and choose fidelity or schwab.
by sambb
Mon Jun 05, 2017 6:40 am
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 105
Views: 7169

Re: Flying first class, business, versus economy.

I far prefer business, and if the carrier has 3 classes, i prefer first.
Emirates first is great, as are some others.
I would avoid the US carriers.
To europe, virgin business is also pretty good.

Economy to europe or asia? Not interested.
But I also am not interested in driving a 1999 camry
by sambb
Mon Jun 05, 2017 6:37 am
Forum: Personal Consumer Issues
Topic: Worth it to buy expensive clothes?
Replies: 92
Views: 8861

Re: Worth it to buy expensive clothes?

personal appearance matters in some fields
by sambb
Sun Jun 04, 2017 6:51 am
Forum: Investing - Theory, News & General
Topic: Dealing with Impatience reaching financial goals
Replies: 30
Views: 3346

Re: Dealing with Impatience reaching financial goals

I think the OP is correct, it seems like a long way to get anywhere, and i think it is best to always be realistic about it. It is a grind. it is not fast at all. HOWEVER - it can be a lot faster if you do 2 things: 1. SAVE MORE by cutting expenses 2. MAKE HIGHER SALARY by investing in yourself or y...
by sambb
Wed May 31, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Relative just bought a house in a hot market. Should I change my investment strategy?
Replies: 53
Views: 5002

Re: Relative just bought a house in a hot market. Should I change my investment strategy?

there is nothing wrong with finding opportunities and taking them. Sometimes they add risk and add reward. Index funds and investing are slow and incremental growth typically.
by sambb
Mon May 29, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 74
Views: 8574

Re: When does Saving become missing out on life?

I am so glad, so so glad, that i spent too much money in my 20s and early 30s. What did i get for it? Trips to europe, trips to vegas, vacations with people i was dating, a great sports car. I got to enjoy all of these great things when i was in my 20s and 30s. It was awesome. I could care less abou...
by sambb
Sun May 28, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: How to return 5% with low risk?
Replies: 15
Views: 2256

Re: How to return 5% with low risk?

I plant to retire next year, and I need to return an average annualized rate of 5% on my investments to live comfortably. I realize that I could put all my money in an S&P index fund and probably do far better than 5%. But I am willing to sacrifice higher expected returns in exchange for not ha...
by sambb
Sun May 28, 2017 2:13 pm
Forum: Investing - Theory, News & General
Topic: Why Are U.S. Stocks So Expensive Today?
Replies: 41
Views: 5083

Re: Why Are U.S. Stocks So Expensive Today?

These threads are interesting. One year ago, there were alot of people here saying that we are in a low growth enviroment, and cant expect 7-8% a year in the market.
And the market is up 15% in the last 1 year.
Cant time the market or valuations.
by sambb
Sat May 20, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Should Our Square Dance Club Incorporate?
Replies: 7
Views: 572

Re: Should Our Square Dance Club Incorporate?

why have a formal club, just get together and have fun,
by sambb
Sat May 20, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Please give de-accumulation advice
Replies: 8
Views: 706

Re: Please give de-accumulation advice

youre probably ok, but i would find work for 2-3 more years.
Would you retire if we had a bear market and you were down 30-40% from current? Maybe not.
stay the course.
by sambb
Sat May 20, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: tesla's valuation
Replies: 15
Views: 1236

Re: tesla's valuation

lots of risks, and benefits in tesla.
Now that i use uber alot, i dont see the point of a car in a lot of situations.
Lots of disruption coming in transportation over the next 20 years
I own tesla as part of my total stock market fund, so im fine
by sambb
Thu May 18, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: SIPC vanguard
Replies: 2
Views: 329

SIPC vanguard

I just read this on vanguard:
Vanguard funds not held in a brokerage account are held by The Vanguard Group, Inc., and are not protected by SIPC.

What are all thoughts? Time to upgrade? I dont like vanguard brokerage..
by sambb
Sun May 07, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 14411

Re: Most Common Financial Mistakes

The following (in no particular order) are mistakes to avoid: Shopping at highbrow stores like Ethan Allen, Whole Foods, etc. Daycares Private schools College funds Purchasing nonfunctional fad vehicles such as Tesla Swimming pools International travel disagree with the above To me, the worst finan...
by sambb
Sun May 07, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: What if the market drops right after I invest? Now the market is at all-time high..
Replies: 27
Views: 2464

Re: What if the market drops right after I invest? Now the market is at all-time high..

It would be nice for you to know how often the market drops after a 5-7 year bull market. However, in practicality the best thing for you to do, is to dollar cost average and get used to volatility. Nothing wrong with warming up to the market slowly. People here will say "lump sum" is the ...
by sambb
Sun May 07, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Am I overlapping or duplicating?
Replies: 15
Views: 1156

Re: Am I overlapping or duplicating?

overlaps are totally ok, as long as total asset allocation fits your needs. good luck

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