Search found 4094 matches

by staythecourse
Fri Sep 30, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 169
Views: 7465

Re: Does it matter what type of college one goes to?

We are very good in rationalizing everything; this thread is an example of it. Agreed. All other things being equal, go to the best school you can. Most significant decisions in life have trade-offs. I have attended and earned degrees from a range of schools from community college to decent regiona...
by staythecourse
Fri Sep 30, 2016 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Is Private high school in the good school district worth investing?
Replies: 40
Views: 2708

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

My wife and I both are public school graduates. Our oldest child attended the local (well regarded) public school. That experience caused us to place our two younger children in private school. My eldest sons incoming freshman class exceeded 1000 students. Most classes were 25 to 30 students each. ...
by staythecourse
Thu Sep 29, 2016 6:53 pm
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 169
Views: 7465

Re: Does it matter what type of college one goes to?

I agree with this. I think Harvard (etc.) takes way too much credit for their students' success. They only accept the top 0.1% of students. These are people who are ALREADY amazing. And then Harvard claims the reason they do well in life is because of Harvard. I did my residency and fellowship at H...
by staythecourse
Thu Sep 29, 2016 6:49 pm
Forum: Personal Consumer Issues
Topic: How to convert old SAT scores to new SAT scores?
Replies: 18
Views: 1217

Re: How to convert old SAT scores to new SAT scores?

Now kids apply to reach schools and safety schools and who knows what else. The competition to get in better schools is much greater. Just to throw fuel on the fire... The bigger debate (discussed on a different thread) is does it even matter where you go to school outside of the HYPS+MIT+ other Iv...
by staythecourse
Thu Sep 29, 2016 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement/Mobile Lifestyle
Replies: 24
Views: 1970

Re: Early Retirement/Mobile Lifestyle

Rick Ferri wrote:We're doing it right now. Sold it all in July, (well, almost all) and hit the road.

50-50.us

Rick Ferri


Glad you are doing well and moving on to your next adventure!!

Good luck.
by staythecourse
Thu Sep 29, 2016 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Which hospital should I work for?
Replies: 14
Views: 954

Re: Which hospital should I work for?

I'm not sure how anyone can answer this question without more info. Are you married? Do you have a family? Do you have ties to the areas in question? Do you want to go back to school? Are you okay with working with patient indifference (county care)? What are you long term career plans? What type of...
by staythecourse
Wed Sep 28, 2016 8:35 pm
Forum: Investing - Theory, News & General
Topic: Anybody using Rick Ferri's "Total Economy Portfolio"?
Replies: 25
Views: 3080

Re: Anybody using Rick Ferri's "Total Economy Portfolio"?

Nothing against Rick, but I'll quote John Bogle here: "Just stick with the Vanguard Balanced Index Fund and get on with it" The end Must disagree. There are many times a diversified portfolio has done better in terms of return, risk, and risk adjusted return then Vanguard Balanced Index F...
by staythecourse
Wed Sep 28, 2016 11:54 am
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 169
Views: 7465

Re: Does it matter what type of college one goes to?

Well after reading MANY posts on this topic and great arguments either way and looking over the only objectives (salary) from the previous link it would seem if there is an argument it is: IF going to a prestigous school is worth it really lies in only a few schools: HYPS+ MIT+ other ivy's. It looks...
by staythecourse
Tue Sep 27, 2016 9:53 am
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 169
Views: 7465

Re: Does it matter what type of college one goes to?

I think it matters if they are in a Nationally recognized school, like the ones you mentioned - Ivy League, Notre Dame, Stanford, Duke, Georgetown, CalTech, etc. These schools will stand out on a resume, and will have a large impact on their future success. Once you're out of the top of the top tie...
by staythecourse
Tue Sep 27, 2016 9:27 am
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 169
Views: 7465

Re: Does it matter what type of college one goes to?

I think it matters if they are in a Nationally recognized school, like the ones you mentioned - Ivy League, Notre Dame, Stanford, Duke, Georgetown, CalTech, etc. These schools will stand out on a resume, and will have a large impact on their future success. Once you're out of the top of the top tie...
by staythecourse
Sun Sep 25, 2016 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth Milestone Today - $1.5M
Replies: 110
Views: 12641

Re: Net Worth Milestone Today - $1.5M

I was just updating my net worth spreadsheet and realized that our net worth crossed over the $1,500,000 mark. $1,500,492 to be exact. I find it sort of sad and also liberating to think ahead to the future net worth milestones we (hopefully) have to come and realize that they will get less meaningf...
by staythecourse
Fri Sep 23, 2016 11:17 am
Forum: Investing - Theory, News & General
Topic: Harvard Endowment Losses Tied to Value Stocks
Replies: 57
Views: 4791

Re: Harvard Endowment Losses Tied to Value Stocks

This only proves even the brilliant are dumb with their money. EVERY major study has shown active management is a loser's game. Pure and simple. Just because you put Harvard as the investor does not change that. Kudos for the active managers to still sweet talk the endowment committee to foolishly p...
by staythecourse
Thu Sep 22, 2016 6:49 pm
Forum: Personal Consumer Issues
Topic: Minor fender bump question
Replies: 17
Views: 1342

Re: Minor fender bump question

The person who rear ends another car is always at fault, no matter that the hit car "slammed on the brakes" or whatever. With that on their side, who knows what the other party might be up to, regardless of what kind of ex post facto police reports are filed. Good luck! It may depend on w...
by staythecourse
Thu Sep 22, 2016 4:53 pm
Forum: Personal Consumer Issues
Topic: Minor fender bump question
Replies: 17
Views: 1342

Re: Minor fender bump question

If you have any damages you want to claim then you will want their insurance policy info and vice versa. If there is not real damage to your car then you would just be waiting for them to call you for your coverage policy info. for their car. If they call just give them the info. If they don't they ...
by staythecourse
Tue Sep 20, 2016 10:47 pm
Forum: Investing - Theory, News & General
Topic: Bogle tilts toward Value in his own portfolio
Replies: 34
Views: 3830

Re: Bogle tilts toward Value in his own portfolio

I'll throw my usual WHO CARES out there. Why are some many folks obsessed about how the "big names" invest. I can guarantee one thing in life is no matter how rich or intelligent any of the "big names" are they are no smarter then my nonexistent dog in predicting the future. I al...
by staythecourse
Tue Sep 20, 2016 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: "Women and Investing" class offered by Employer
Replies: 84
Views: 5801

Re: "Women and Investing" class offered by Employer

I disagree with the automatic assumption of sexism about such seminars. I'll second that. One of the many problems of today's social society is that folks are WAY TOO sensitive about EVERYTHING. Of course, there are differences between men and women. I think there is MORE then enough science and so...
by staythecourse
Sun Sep 18, 2016 10:51 am
Forum: Personal Consumer Issues
Topic: major remodel: regrets or things you'd do again
Replies: 68
Views: 6852

Re: major remodel: regrets or things you'd do again

Finished with a new construction we designed from beginning to end so have some experience. The fact is with a large build/ remodel the MOST important person is the architect. If you spent the time upfront choosing the right architect the whole process should be smooth and effortless. It is the ARCH...
by staythecourse
Sat Sep 17, 2016 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Day Trading - Where To Start? (Coaching)
Replies: 23
Views: 1932

Re: Day Trading - Where To Start? (Coaching)

I did it for a while. I can let you skip the tedious stuff that takes so much time to learn. 1) Go to the bank 2) Get $4000 in 100 bills 3) Come home and stand over toilet 4) Throw money in toilet 5) Flush This would be cheaper than my bout with day trading. Day trading is absolutely NOT investing....
by staythecourse
Sat Sep 17, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 5780

Re: Physician employment and fair salary and raises

I'm viewing this as an outsider, and the discussion in quite depressing from a patient perspective, when one considers the way medicine has become production oriented and the administrative burden that has accelerated the process. I often think that all a consumer needs to know is that a typical la...
by staythecourse
Fri Sep 16, 2016 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Considering a 20% swing in my asset allocation
Replies: 41
Views: 2956

Re: Considering a 20% swing in my asset allocation

Who cares what others think. The keys is your gauranteed pensions (SS and private pension) will cover 100% of your over monthly liabilities. You also don't care about inheritance to the kids. So unless you have indeavors for charity during your lifetime it would seem you made your decision which is ...
by staythecourse
Thu Sep 15, 2016 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 5780

Re: Physician employment and fair salary and raises

I agree that you have to negotiate. But it needs to be from a perspective of reality they like to ignore. Physicians have allowed hospital administrators to "yoke the ox" for far too long. You are the only one that produces income...not the administrators. You are the only one with a medi...
by staythecourse
Thu Sep 15, 2016 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 5780

Re: Physician employment and fair salary and raises

All I ask is to be paid what I bill minus overhead. in my market, this model is not available to me (private practice). Currently I am paid based on what I bill- what employer takes not adjusted for inflation or amount of work I do which is ever increasing (which is much more tha overhead) The prob...
by staythecourse
Tue Sep 13, 2016 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 5780

Re: Physician employment and fair salary and raises

Honestly it really doesn't matter what you have to say if your employer doesn't want to give you an extra dollar they won't. It is just that simple. The problem with any employed model (not just medicine) is that there is an inherent aligment of interest difference (as David Swensen would say). Your...
by staythecourse
Mon Sep 12, 2016 8:47 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3145
Views: 737137

Re: U.S. stocks in freefall

mpsz wrote:Image

Seems like we're still caught in the "not so merry-go-round"


Thats funny. Even funnier is Merrill Lynch investors are paying for this level of "research".

Good luck.
by staythecourse
Sun Sep 11, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions of the Couch Potato Retirement Portfolio
Replies: 9
Views: 1105

Re: Opinions of the Couch Potato Retirement Portfolio

Who knows if it is any better then any other portfolio, BUT... If one is going to protect against equity loss during a spendown period of retirement wouldn't it make it more sense just to put x amount of your portfolio into principle stable stuff like, CD, TIPS, Ibonds, etc... with x amount being eq...
by staythecourse
Mon Sep 05, 2016 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Professional mid-life crisis
Replies: 28
Views: 4331

Re: Professional mid-life crisis

I will go one step further I don't know ANYONE I have met who has said, "Boy my boss really appreciates all the hard work I do" OR "Boy I am getting paid way too much for what I do". I know many people who have said this. They are all business owners. Being an employee will only...
by staythecourse
Sun Sep 04, 2016 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Professional mid-life crisis
Replies: 28
Views: 4331

Re: Professional mid-life crisis

BTW, it is common and normal to be unappreciated in the middle management. It goes with the job. KlangFool I will go one step further I don't know ANYONE I have met who has said, "Boy my boss really appreciates all the hard work I do" OR "Boy I am getting paid way too much for what I...
by staythecourse
Sun Sep 04, 2016 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Opening a medical office...Can it still be done?
Replies: 18
Views: 2987

Re: Opening a medical office...Can it still be done?

Before going any further you have to ask yourself are you passionate about starting your own practice with your vision of how to practice OR just want to run away from your current gig. If it is the former seriously consider it. If it is the latter no point reading any further. If it is the former r...
by staythecourse
Sat Sep 03, 2016 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: How do you stop yourself from checking your balances?
Replies: 66
Views: 3878

Re: How do you stop yourself from checking your balances?

Easy. Start to understand what it means to be in the accumulation phase. There is a BIG misconception for folks that they assume when one is accumulating it is meant in the $$ in their portfolio. It doesn't. Accumulation means one is accumulating SHARES of companies which give legal rights to divide...
by staythecourse
Fri Sep 02, 2016 9:40 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 226
Views: 28513

Re: Selling all equities, discuss why I'm wrong. :)

You know, if you feel strongly about valuation metrics, then you really need to establish a formal system to tactically adjust your AA, and run numbers to see if it would have worked in the past (which does NOT guarantee it will work in the future, but at least, you'll develop a better feel). Go ch...
by staythecourse
Fri Sep 02, 2016 9:30 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 226
Views: 28513

Re: Selling all equities, discuss why I'm wrong. :)

I figured a one year update was in order and would perhaps provide a nice counterbalance to the 100% equity threads popping up like mushrooms around here. My portfolio from 9/1/2015 to 9/1/2016: +2.6% Vanguard LifeStrategy Growth (my benchmark): +8.4% My performance compared to benchmark: -5.8% My ...
by staythecourse
Fri Sep 02, 2016 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking Job Ideas for a disabled MD
Replies: 17
Views: 1999

Re: Seeking Job Ideas for a disabled MD

Odd, but pertinent question... Did she have an active Long term disability policy? If so and she is receiving benefits it will have language in there that pertains to if she can get another non medical job while she is still receiving benefits from her active policy. That will make a difference in h...
by staythecourse
Fri Sep 02, 2016 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Moving more $ into cash - anybody else?
Replies: 14
Views: 1794

Re: Moving more $ into cash - anybody else?

Actually volatility is when something goes up OR down. The dispersion from the mean and can be positive or negative. If there is upside dispersion it is called RETURN and everyone is happy. If it is down it is called LOSS and everyone mourns. In math it doesn't matter if there is a plus or negative ...
by staythecourse
Fri Sep 02, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone have perspective on dealing with mixed emotions after an inheritance?
Replies: 28
Views: 2622

Re: Anyone have perspective on dealing with mixed emotions after an inheritance?

Easy. If you feel uncomfortable using the money don't. Just give it to charity. There are MILLIONS of folks who are in need who could use the money. Not to be insensitive, but this is a trully a non problem. If you want the money used it. If you don't give it to someone else. I don't see a problem. ...
by staythecourse
Thu Sep 01, 2016 8:25 am
Forum: Personal Finance (Not Investing)
Topic: HSA OK for me? Why didn't my accountant suggest it?
Replies: 17
Views: 1243

Re: HSA OK for me? Why didn't my accountant suggest it?

Another option is since one is self employed that person can just sign up for a HDHP+ HSA for the whole family. The difference is that the premiums you would pay is NOT tax dedcuctible since you are being offered a health plan through the employeed spouse but choose not to do it. That is what I do. ...
by staythecourse
Wed Aug 31, 2016 12:26 pm
Forum: Investing - Theory, News & General
Topic: How to give unsolicited advice
Replies: 54
Views: 3422

Re: How to give unsolicited advice

Why would you give any unsolicited advice? How would you feel if they started giving you advice on your looks, clothes, how you raised your kids, etc... My advice is IF you bring up investing as a topic of conversation and IF they ask questions showing some enthuisaism on the topic then I would poin...
by staythecourse
Tue Aug 30, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: Which physician job offer would you go for and why?
Replies: 39
Views: 4243

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

I don't understand how these two options can be realistically comparable? One is private pracitice gig from the ground up with A LOT of call near family and the other is academic away from family. I will give the same advice I give EVERYONE when considering academics: If you like 2 out of 3 (clinica...
by staythecourse
Tue Aug 30, 2016 8:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 53
Views: 9823

Re: I think I found Rick Ferri

And by the way, I am curious if Taylor has remarried. We were all sad when he lost Pat. Ned: Losing Pat, my beautiful, intelligent wife for 62 years, and mother of our three sons, was a terrible loss to everyone who knew her. A major reason I did not fall into deep depression was my participation o...
by staythecourse
Wed Aug 24, 2016 8:53 am
Forum: Personal Consumer Issues
Topic: Get rich quick?
Replies: 52
Views: 9096

Re: Get rich quick?

Interesting topic. If I was to suggest any it would be: Marry into money and work for a start up and hopefully the go IPO. The former is I am sure difficult to do, but even if you are happy with the arrangement I am not sure how close you get to that wealth. Rich families are not dumb. They have the...
by staythecourse
Tue Aug 23, 2016 7:38 pm
Forum: Personal Consumer Issues
Topic: Frugality regret: What thing do you regret not spending on?
Replies: 176
Views: 33260

Re: Frugality regret: What thing do you regret not spending on?

Great thread. After reviewing other's answers and pondering the question... 1. Not spending more on paying for a photographer and videographer (cheap or professional) for every major event (kids birthdays and get together with friends). Not such a big deal now as my wife and I are just too busy to l...
by staythecourse
Mon Aug 22, 2016 6:44 pm
Forum: Investing - Theory, News & General
Topic: This is why a 100% stock allocation is a bad idea
Replies: 68
Views: 8670

Re: This is why a 100% stock allocation is a bad idea

I have written NUMEROUS times, but here is a prerequisite criteria folks need to be able to check of before even considering 100% equities: 1. Recession proof job 2. Long time horizon for the money (10+ years) 3. No need for liquidity before that 4. At least 1 yr. EF 5. Ability to stay the course A...
by staythecourse
Sat Aug 20, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: This is why a 100% stock allocation is a bad idea
Replies: 68
Views: 8670

Re: This is why a 100% stock allocation is a bad idea

You DON'T need to be an experienced investor to figure out when you should or not be 100% equities. It is pretty common sense. The same negatives have happened time and time again, but the folks most affected are those who DON'T learn from others. I have written NUMEROUS times, but here is a prerequ...
by staythecourse
Fri Aug 19, 2016 1:21 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 7316

Re: Are there other reasons besides volatility to avoid 100% equities?

I would agree volatilit MAY not be the same as risk. That association is dependent on each person's situation. For example: Person A: 100% equities who works as a stock broker in a single income family. He has his second kid going to college at the same time this fall and is planning to go ahead and...
by staythecourse
Fri Aug 19, 2016 11:56 am
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 69
Views: 4939

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

Not to cause a stink, but how is this thread still allowed? It started out as a reasonable request for advice as a consumer, but has turned into a medical advice forum by doctors and non doctors. Threads discussing much less then this thas been shut down in record time. Is someone asleep at the whe...
by staythecourse
Thu Aug 18, 2016 10:56 pm
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 69
Views: 4939

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

Not to cause a stink, but how is this thread still allowed? It started out as a reasonable request for advice as a consumer, but has turned into a medical advice forum by doctors and non doctors. Threads discussing much less then this thas been shut down in record time. Is someone asleep at the whee...
by staythecourse
Thu Aug 18, 2016 8:32 am
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 69
Views: 4939

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

Simple. Tell the surgeon/hospital you'll sue them and file a complaint with the medical license board. Everyone is entitled to their own opinion, but when giving advice to others there should be some logic behind it. First to sue you will need to find an attorney to pick up the case. No offene to t...
by staythecourse
Thu Aug 18, 2016 8:31 am
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 69
Views: 4939

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

Simple. Tell the surgeon/hospital you'll sue them and file a complaint with the medical license board. Everyone is entitled to their own opinion, but when giving advice to others there should be some logic behind it. First to sue you will need to find an attorney to pick up the case. No offene to t...
by staythecourse
Wed Aug 17, 2016 10:18 pm
Forum: Investing - Theory, News & General
Topic: Time Diversification - bottom line, what do you do?
Replies: 41
Views: 3735

Re: Time Diversification - bottom line, what do you do?

Okay before someone quotes the raondom Norad cyber piece I'll throw my two cent in. Yes if you look at that random paper mathamatically since stocks have a higher dispersion of returns in the short run and you carry out those different possible returns over a 5, 10, or 20 yr. periods there will be c...
by staythecourse
Wed Aug 17, 2016 7:47 pm
Forum: Investing - Theory, News & General
Topic: Why is Soros betting against the market (shorting SPY)?
Replies: 33
Views: 4910

Re: Why is Soros betting against the market (shorting SPY)?

Okay let me re-iterate my usual: WHO CARES!! I don't understand the level of idolism folks have on this website for big name folks. Soros is A LOT smarter then me, but what I know he is not is clairvoyant any more then my dog (BTW I don't have a dog). Just like I wouldn't take advice from a pooch ab...
by staythecourse
Wed Aug 17, 2016 4:41 pm
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 69
Views: 4939

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

I'm not in academics but that is a good point. Still, the hospital grants privileges to the physicians so they can't wash their hands so easily. Don't take this to be legal advice, obviously. This is simply the most productive approach where I work. I agree this is the most productive approach. A l...

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