Search found 73 matches

by AkwardDoct@rd
Sat Nov 02, 2019 12:23 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1080
Views: 149407

Re: Post your Financial Milestone Announcements Here

Net worth(with liabilities)
Minus 1,000,000
6 years later -50,000

Next year is the year we go positive!
by AkwardDoct@rd
Tue Jun 25, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Salaries at FQHC | Any physicians here? [Federally Qualified Health Center]
Replies: 17
Views: 2726

Re: Salaries at FQHC | Any physicians here?

Primary care at FQHC will be about 110-150K for 1.0 FTE. I know a few people working at FQHC's and those that share their salary it is ~115K starting out (in an urban setting). Typically won't break even with loan repayment but if she wants to work with that patient population it couldn't hurt.
by AkwardDoct@rd
Sun Jun 16, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Any Aviation Medical Examiners out there?
Replies: 5
Views: 1443

Re: Any Aviation Medical Examiners out there?

I'm an AME but have no idea about your question since I don't fly. I've never seen anything remotely related to the AME related questions on my taxes (I use turbotax). Have you tried asking your regional office? I talked to them during the training and they told me I could deduct off my personal ta...
by AkwardDoct@rd
Thu Jun 13, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Any Aviation Medical Examiners out there?
Replies: 5
Views: 1443

Any Aviation Medical Examiners out there?

Hi All, I recently found out in my pursuit to become an aviation medical examiner that you get a letter from the flight surgeon general to the IRS that allows you to write off 50 hour of flight time a year on your taxes. When I questioned them they said this was on your personal taxes (they being a ...
by AkwardDoct@rd
Thu May 16, 2019 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: should I get flood insurance?
Replies: 4
Views: 664

should I get flood insurance?

Low chance of flooding unless the Dam which I live beneath breaks. If it does then would likely be total loss including my life unless I happen to be above it. Seems like it would be roughly 500 bucks a year. Thoughts?
by AkwardDoct@rd
Thu May 16, 2019 8:08 am
Forum: Personal Investments
Topic: Should I add VXF (Extended markets)?
Replies: 6
Views: 489

Should I add VXF (Extended markets)?

Currently I have the SP500 in my 403b and the typically 3 fund portfolio in my IRA. I noticed that I am now overweight with large cap and wonder if it worth the hassle of balancing out my IRA funds with the VXF extended market to balance out my SP500 fund to market cap. Thoughts?
by AkwardDoct@rd
Wed May 15, 2019 6:01 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 9132

Re: Did you buy the 600+ dip last week ?

I did not because I have no excess cash
by AkwardDoct@rd
Tue May 14, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7263

Re: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?

I personally think that consumer prices are "built in" to account for the credit card fee. Using cash you are just losing money unless you go to an establishment that give you a discount for using cash.
by AkwardDoct@rd
Tue May 07, 2019 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 49
Views: 5001

Re: Buying a house without a realtor

I eventually went with a realtor. I used one out of town that I had worked with in the past on other deals. We did 3% total which saved the sellers money and used for negotiation. TI found the realtor to provide value with navigating the process and added some guidance with certain issues which like...
by AkwardDoct@rd
Sat May 04, 2019 8:26 am
Forum: Personal Consumer Issues
Topic: new Subaru Forester 2019 - Accessories?
Replies: 27
Views: 2652

Re: new Subaru Forester 2019 - Accessories?

I would get fog lights. They seem to help when I am driving on remote highways with an abundance of deer. I have tested the starlink. There is an area of highway that at least doesn't get ATT or Verizon cell phone service. The starlink worked when I tested it which makes me feel better. I always thi...
by AkwardDoct@rd
Mon Apr 29, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a hail-damaged car?
Replies: 42
Views: 2746

Re: Buying a hail-damaged car?

I had a car that got totaled via hail damage. I did NOT have a salvage title (dependent on the state). I bought the car back from the insurance company. It then got totaled again. It is the only car I actually made money on.
by AkwardDoct@rd
Fri Apr 19, 2019 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 49
Views: 5001

Re: Buying a house without a realtor

I believe there is no benefit to buying without a realtor. Have you checked into Redfin? There is another realtor I could use but they are in another city (~45 min away) Has anyone bought a house without a realtor? A kinda awkward situation developed (realtor with myself and another client and we b...
by AkwardDoct@rd
Fri Apr 19, 2019 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 49
Views: 5001

Buying a house without a realtor

Has anyone bought a house without a realtor? A kinda awkward situation developed (realtor with myself and another client and we both wanted to place an offer but the other client chose to place first). The realtor stated it would be a conflict of interest to represent both parties which I think is r...
by AkwardDoct@rd
Mon Apr 15, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: FSA and DCFSA
Replies: 1
Views: 152

FSA and DCFSA

My employer is thinking about start a FSA and DCFSA mid year outside typical enrollment. If this occurs can I apply for reimbursement for purchases/daycare that has already occured? Thanks
by AkwardDoct@rd
Wed Mar 27, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: I hate bonds
Replies: 116
Views: 14661

Re: I hate bonds

I feel I have a relatively good grasp on stock market funds, how they work, why you choose this fund or that fund,but bonds are way more complicated in my opinion. After trying to learn more about bonds ,I have realized that I haven't even scratched the surface on understanding them. Kinda of like ...
by AkwardDoct@rd
Wed Mar 27, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: I hate bonds
Replies: 116
Views: 14661

Re: I hate bonds

I think they are easier than you think. Duration and credit risk are already reflected in the price. You just have to decide how much of each you want. (Or hold Total Bond). Taxes can be complicated if you hold bonds in taxable. If not, buying a tax advantaged fund is going to be paying for someone...
by AkwardDoct@rd
Tue Mar 26, 2019 10:02 pm
Forum: Investing - Theory, News & General
Topic: I hate bonds
Replies: 116
Views: 14661

I hate bonds

I feel I have a relatively good grasp on stock market funds, how they work, why you choose this fund or that fund,but bonds are way more complicated in my opinion. After trying to learn more about bonds ,I have realized that I haven't even scratched the surface on understanding them. Kinda of like t...
by AkwardDoct@rd
Sun Mar 17, 2019 2:06 pm
Forum: Investing - Theory, News & General
Topic: TLH with a 529
Replies: 4
Views: 294

Re: TLH with a 529

miamivice wrote:
Sun Mar 17, 2019 2:02 pm
My 529 investments have gone up at 11 percent per year for the last decade so I am unfamiliar with 529 losses.
Planning for the next 18 years :)
by AkwardDoct@rd
Sun Mar 17, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: TLH with a 529
Replies: 4
Views: 294

TLH with a 529

Was planning on setting up another 529 for a new child. Decided to re educate myself on them to make sure I didn't need to make any changes. I have seen some talk on here about being able to TLH with a 529. What briefly I was able to read was that selling them at a loss would make it subject to the ...
by AkwardDoct@rd
Tue Mar 12, 2019 10:56 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1012
Views: 107766

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Does the fidelity HSA require you to keep 2K in cash or can you invest it all?
by AkwardDoct@rd
Sun Mar 10, 2019 4:31 pm
Forum: Personal Investments
Topic: What do you think about GNMA Funds?
Replies: 8
Views: 1351

Re: What do you think about GNMA Funds?

I noticed that the Vanguard GNMA Fund (VFIJX) has a 4-year duration, with a current yield of 3.34%. I was thinking about using this fund as a portion of my after-tax bond portfolio, substituting it for a portion of my short term treasury bond fund (both are AAA rated). Was wondering if anyone had a...
by AkwardDoct@rd
Fri Mar 08, 2019 10:23 pm
Forum: Personal Investments
Topic: VFIIX (GNMA) vs VBMFX (total bond)
Replies: 1
Views: 644

VFIIX (GNMA) vs VBMFX (total bond)

I need to add to my bond assets and was looking at the various vanguard funds (the only other bond fund I have is total bond market). I was looking into GNMA funds. I understand total bond has about 25% of GNMA funds. Why would one choose this fund over total bond? Would this fund fair better in a r...
by AkwardDoct@rd
Tue Mar 05, 2019 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Stay the course with baby on the way?
Replies: 28
Views: 1898

Re: Stay the course with baby on the way?

Increase your savings for sure. I second the term life insurance
by AkwardDoct@rd
Tue Mar 05, 2019 6:49 am
Forum: Personal Investments
Topic: Is the VALIC 403b any good?
Replies: 28
Views: 1794

Re: Is the VALIC 403b any good?

I want to throw in my 2 cents. It sounds like your Valic 403b has some poor options but it depends on how it is set up. Valic has some low cost funds (ER 0.04%) if your work sets it up that way.
by AkwardDoct@rd
Fri Feb 08, 2019 12:50 am
Forum: Personal Consumer Issues
Topic: Is General Practitioner [billing Medicare correctly?]
Replies: 88
Views: 3995

Re: Is General Practitioner [billing Medicare correctly?]

I am not even sure if OP can read my post way down here but will throw in my 2 cents. I hate Medicare wellness visits. Practically no one ever wants to come in for just the Medicare wellness and I do my best to tell them when they “cross the line” in the sense of triggering a copay. The actual welln...
by AkwardDoct@rd
Sun Jan 20, 2019 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: "Buy term life because it is cheap"
Replies: 21
Views: 2832

Re: "Buy term life because it is cheap"

I don t really understand a 30 year term life policy. Once we had sufficient accumulation of funds, I dropped my two term life policies. That occurred about 12 years after I started index based investing, at about age 48. The late age was due to my late start in patient passive accumulation. One of...
by AkwardDoct@rd
Sun Jan 20, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: "Buy term life because it is cheap"
Replies: 21
Views: 2832

Re: "Buy term life because it is cheap"

I have gone through a broker for term life because I will be able to save approx 150 a year compared to my current policy. I am increasing my coverage but even less than 10x my income it seems pretty expensive. I have a good health rating. Do people say term life insurance is "cheap" compared to wh...
by AkwardDoct@rd
Sun Jan 20, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: "Buy term life because it is cheap"
Replies: 21
Views: 2832

"Buy term life because it is cheap"

I have gone through a broker for term life because I will be able to save approx 150 a year compared to my current policy. I am increasing my coverage but even less than 10x my income it seems pretty expensive. I have a good health rating. Do people say term life insurance is "cheap" compared to who...
by AkwardDoct@rd
Tue Jan 08, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: 403b allows after-tax contributions but not in-service distributions
Replies: 5
Views: 382

Re: 403b allows after-tax contributions but not in-service distributions

I recently helped my employer set up a new 401k servicer. I asked them to check the button which allows in service distributions. They said sure. In my situation, I think it was more ignorance rather than cost savings for the employer.
by AkwardDoct@rd
Thu Jan 03, 2019 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA worth it?
Replies: 2
Views: 303

SEP IRA worth it?

Hi all, I have a side gig at my work and was recently told that they would have to start paying on a 1099 misc rather than through my regular wages. I was wondering if it would be worth setting up a SEP IRA for approx 20K per year? I would invest the max I could but would it really be worth the head...
by AkwardDoct@rd
Sun Dec 16, 2018 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Loan and Buy vs Rent (already searched forums)
Replies: 33
Views: 2208

Re: Physician Loan and Buy vs Rent (already searched forums)

I am/was in a similar situation. Bought my first home while in residency in a HCOL area.I put down 2% but no PMI and had a good rate around 3.5% but it was a 7 year ARM. I have since sold and now rent while building up a down downpayment. If I can't get to 20% by the time I need then I will likely f...
by AkwardDoct@rd
Thu Sep 20, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Helping set up my companies 457
Replies: 3
Views: 326

Re: Helping set up my companies 457

How did you achieve this? From the wiki... Eligible employer (A) a State, political subdivision of a State, and any agency or instrumentality of a State or political subdivision of a State, and (B) any other organization (other than a governmental unit) exempt from tax under this subtitle. So did y...
by AkwardDoct@rd
Thu Sep 20, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Helping set up my companies 457
Replies: 3
Views: 326

Helping set up my companies 457

Hi all, My employer has given me great latitude in working with them to set up a new retirement plan. Thus far I have set up the ability for a megaback door roth and changed our 457 from non governmental to governmental. Fund choices with expense ratios are way better as well. I am looking at the fu...
by AkwardDoct@rd
Wed Aug 01, 2018 11:03 pm
Forum: Personal Investments
Topic: half of mega backdoor roth
Replies: 3
Views: 552

Re: half of mega backdoor roth

Do you have the option to do an in-plan Roth Rollover? That means rolling the after-tax account into Roth 401k and is essentially the same as mega back door. Early on, the general feeling of the group, as I remember it, is that after-tax contributions were not suggested unless rolling to Roth could...
by AkwardDoct@rd
Wed Aug 01, 2018 5:45 pm
Forum: Personal Investments
Topic: half of mega backdoor roth
Replies: 3
Views: 552

half of mega backdoor roth

Hi all, It appears that my partners 403b servicer allow after tax contributions to the 403b but does not allow in service withdrawals to roll into a roth account. Does it still make sense to maximize the 403 b to 55K a year? Does this money get taxed on growth or how does it work? We already max to ...
by AkwardDoct@rd
Thu May 24, 2018 8:11 pm
Forum: Personal Investments
Topic: Can I create a SEP-IRA
Replies: 6
Views: 549

Re: Can I create a SEP-IRA

This is curious. Do they deduct any taxes on those bonuses and "other" payments? They do not take taxes from it. I called them when I got the previous form when turbo tax kept making me set up like I had my own business. My work wont change the way they issue them and I called turbo tax and they sa...
by AkwardDoct@rd
Thu May 24, 2018 9:22 am
Forum: Personal Investments
Topic: Can I create a SEP-IRA
Replies: 6
Views: 549

Can I create a SEP-IRA

My work will pay some bonuses and other payments through a 1099 misc. Whenever I have to enter this on turbotax it forces me to enter it like I am an independent contract (which I am not). We have asked them to pay us through payroll but for some reason they will only do it through a 1099 misc. Am I...
by AkwardDoct@rd
Sat May 19, 2018 11:23 pm
Forum: Personal Investments
Topic: TSP->Roth IRA conversion
Replies: 6
Views: 945

Re: TSP->Roth IRA conversion

I would be cautious about withdrawing money from the TSP. It is a great deal with low fees, easy to access and will soon offer even more choices. Your student does not have to withdraw his money and it is possible he might decide to return to the feds after finishing his education. He just can't ad...
by AkwardDoct@rd
Fri May 18, 2018 11:58 pm
Forum: Personal Investments
Topic: TSP->Roth IRA conversion
Replies: 6
Views: 945

TSP->Roth IRA conversion

Hi all, A family member quit work at a gov't job and went back to school. I just learned that he has quite a bit saved up in the plan. I am not too familiar with TSP's, I believe his money was pre tax. He will be in a school for a few years and thought now would be a great time to do rollover into a...
by AkwardDoct@rd
Sat Apr 07, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: pay off student loans or wait?
Replies: 10
Views: 1400

Re: Physicians: pay off student loans or wait?

... I see many places that offer (up to 160K in loan forgiveness). Can you elaborate on what you "see"? In general, the loan forgiveness offered by employers is not a federal program, but rather a type of "perk". The hospital/employer pays for it, similar to paying moving or relocation expenses. As...
by AkwardDoct@rd
Sat Apr 07, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Physicians: pay off student loans or wait?
Replies: 10
Views: 1400

Physicians: pay off student loans or wait?

Hey all, I have the ability now to pay off my student loans (~150K). They do not qualify for federal loan repayment even though I work in an underserved area. My partner and I are considering moving out of state in the next 1-2 years and I see many places that offer (up to 160K in loan forgiveness)....
by AkwardDoct@rd
Fri Mar 23, 2018 6:18 pm
Forum: Personal Investments
Topic: Funding 529 Account
Replies: 14
Views: 1460

Re: Funding 529 Account

Do you currently or plan on having another kid?
by AkwardDoct@rd
Thu Mar 22, 2018 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Recommendations
Replies: 43
Views: 15631

Re: Credit Card Recommendations

Yes, I travel internationally. If you travel internationally on a regular basis, it might be a good idea to get a Visa card with a chip & PIN that has no fee for foreign currency transactions and offers good exchange rates, even if you use it only when traveling internationally. Sorry, I can't reco...
by AkwardDoct@rd
Tue Mar 20, 2018 10:37 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 7707

Re: New Subaru Outback vs. used Volvo XC-70

I just got a subaru outback about a year ago and my wife got a volvo for a rental about 3 months ago. I was able to do a side by side comparison and I could be biased but I liked the outback better and she liked the volvo better. I don't think you could go wrong either way but I don't think the extr...
by AkwardDoct@rd
Wed Mar 14, 2018 9:36 pm
Forum: Personal Investments
Topic: Sell house to pay student loans?
Replies: 12
Views: 1598

Re: Sell house to pay student loans?

Thanks for the advice everyone. Ended up selling which I think was good decision. Time to supercharge retirement
by AkwardDoct@rd
Sun Feb 25, 2018 11:16 pm
Forum: Personal Investments
Topic: Sell house to pay student loans?
Replies: 12
Views: 1598

Sell house to pay student loans?

My wife wants to sell the house and move into an apartment to pay off our student loans. Could probably sell now and make roughly 300-350K profit after paying the mortgage. She has 160K at 4.875% and mine are 155K at 5%. We are currently at 3.75% for our mortgage and plan to be moving in roughly a y...
by AkwardDoct@rd
Sat Feb 24, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: To HSA or not?
Replies: 8
Views: 903

Re: To HSA or not?

I would not do the HSA. Deliveries can get expensive. Just wait for a year
by AkwardDoct@rd
Wed Feb 21, 2018 12:36 am
Forum: Personal Investments
Topic: Whole life->variable life or cash out
Replies: 4
Views: 618

Whole life->variable life or cash out

Just found out about a 50K gerber life policy my parents had on me. They are STILL paying it. Think >30 years. They say they pay about 90 bucks a year. I told them not to make another payment ever (I already have a hefty term policy for my family). I think it has a surrender value of about 6K. My ma...