Search found 2184 matches

by mega317
Tue Jun 19, 2018 10:10 pm
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 33
Views: 2596

Re: How do you read books?

Another thing that works for me is to talk about what I've read. Unfortunately for my wife that means she often gets cliff notes versions of books she's not particularly interested in! But she loves me enough to listen for a minute or two.
by mega317
Sat Jun 09, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Indecision on Career Move - Fed to Industry
Replies: 21
Views: 1297

Re: Indecision on Career Move - Fed to Industry

I can't imagine putting up with the most inconsequential thing for 19 years if I hated it, much less a job. Get out one way or another. It's not your problem how they replace you, although you could help transition to the new person.
by mega317
Sat Jun 09, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing Between These Funds...
Replies: 4
Views: 481

Re: Choosing Between These Funds...

I guess the other option would be to increase my Total Bond Index in the Fidelity account and not own any bonds in this one. Yep. Rearrange your accounts so you only have to use the best options in this 457. What type of account is at Fidelity? If taxable, you need to do a little more thinking abou...
by mega317
Sat Jun 09, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: Foreign language immersion daycare
Replies: 50
Views: 2555

Re: Foreign language immersion daycare

Our oldest is in an immersion preschool, and we're both pediatricians. In my opinion it's mostly a novelty. It's wonderful to learn another language and learn about other cultures, but that can happen in plenty of other ways. We're actually moving him to an English-only class. Not to say there is an...
by mega317
Fri Jun 08, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5027

Re: Rowing machine motivation

Alexa9 wrote:
Fri Jun 08, 2018 10:48 pm
2. Put some exercise music on
This is common and good advice. But I prefer audiobooks. I feel they take more attention and so distract me from the fire in my lungs and muscles.
by mega317
Fri Jun 08, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1237

Re: tax loss worthwhile?

Why would you want to do that?!
by mega317
Fri Jun 08, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: ETF vs. MF
Replies: 5
Views: 644

Re: ETF vs. MF

You have many questions to answer for yourself before deciding on mutual funds vs ETFs. What are your goals? What is your risk tolerance? It's not clear from your post but you seem to not really have a plan.
by mega317
Fri Jun 08, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing and just got an inheritance
Replies: 22
Views: 1593

Re: New to investing and just got an inheritance

My opinion is that most people can learn all they need from 1-2 books and a few hours on this website. Learn about the asset classes, risk tolerance, and expenses--then you're most of the way there. we are looking to have to do something with some of this money in the coming weeks. Why? The typical ...
by mega317
Thu Jun 07, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2933

Re: Just added bonds to portfolio

...Here's a chart of VBTLX over the past 2 years. On the far right is the 'peak' where you bought it, followed by the downturn. In context, the past week should look a lot less scary... Ok but put that in greater context--it is less than a 5% decline. US stocks have dropped more than that twice thi...
by mega317
Thu Jun 07, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Too much cash. Not sure what to do with it
Replies: 6
Views: 1261

Re: Too much cash. Not sure what to do with it

A few thoughts in addition to the above: 1. How much house are you looking to buy in 2-3 years? Keep that down payment in cash or similar. 2. Why $500 per month? If you decide you want to keep the emergency fund of 60k and move the rest in to other investments, it will take 23 years at that rate. 3....
by mega317
Mon Jun 04, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 55
Views: 7384

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

aj76er wrote:
Mon Jun 04, 2018 10:05 am
So I'm just wondering if bonds show up here just before the day of auction?
Should show up the day of the announcement, which in your case is the 7th.
by mega317
Fri Jun 01, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: TLH question
Replies: 3
Views: 295

Re: TLH question

Are they truly equivalent? Same holdings? There isn't much guidance from the IRS on what substantially identical means but they do say something like mutual funds from different companies are not.
by mega317
Thu May 31, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 5579

Re: Investment money is "Fungible"

The way I see it, I have one portfolio. I need to manage asset allocation, tax efficiency, and ability to meet expenses across that portfolio. I would love to be 100% stock in taxable but the account isn't large enough to tolerate a crash and still cover some anticipated short term expenses. So I ha...
by mega317
Wed May 30, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to HCOL, worried, need help.
Replies: 14
Views: 2133

Re: Moving to HCOL, worried, need help.

It's not clear to me why renting is foolish. You can't afford a house and your time there is finite. I also question some of your expenses. I would be interested to see how you come up with 8 grand for a baby without daycare. Why do you need awd SUV? Why do you need space to accommodate a failed bus...
by mega317
Wed May 30, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Investing emergency fund question
Replies: 5
Views: 631

Re: Investing emergency fund question

To very narrowly answer your question-- the right mix of stocks and investment grade bonds will perform about the same as a high yield bond fund, so its basically six vs half dozen. More generally, I suggest you invest your emergency fund using the methods discussed on threads in early February.
by mega317
Wed May 30, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 99
Views: 12404

Re: Have $3m at 33, "approach to career" advice needed

gcc32 wrote:
Wed May 30, 2018 3:48 pm
I would rather not try to use assets to cover my lifestyle.
This deserves more discussion. Why? Is your goal to leave the whole thing to heirs? That changes things dramatically.
by mega317
Wed May 30, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 99
Views: 12404

Re: Have $3m at 33, "approach to career" advice needed

You are very lucky. You can do literally anything you want to do. Go to med school, law school, both, whatever you want. I admire your desire to do something. Don't get stuck on "specific career path", "guaranteed income", "maybe low 6 figures", "now or never", "traditional job", "normal work experi...
by mega317
Wed May 30, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to TLH VBTLX?
Replies: 6
Views: 580

Re: Good time to TLH VBTLX?

Well the part of your question about timing the market can't be answered. No one knows what will happen to the NAV between now and November so can't say when to take the loss in those terms. If you feel a short term bond fund is more appropriate for you(r long-term plans, not market timing) then I'd...
by mega317
Wed May 30, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: Seeking Alpha pro membership, your thoughts
Replies: 15
Views: 1496

Re: Seeking Alpha pro membership, your thoughts

I will guess not many people on this forum have it. What benefits are you hoping for?
by mega317
Wed May 30, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation help for a newbie
Replies: 6
Views: 594

Re: Asset allocation help for a newbie

I would not hold taxable bonds in a taxable account, and if you start off with a target date fund in taxable it might be hard to unwind later. Live like a resident for a while and save way more while also maintaining a simple life while you get your footing as an attending. How in the world does a s...
by mega317
Wed May 30, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Opening a taxable...any reason for bonds?
Replies: 21
Views: 2404

Re: Opening a taxable...any reason for bonds?

Some pay high tax even on qualified dividends (20% plus high state rate plus ACA) while munis might be free. One of the most respected members here often mentions that.
by mega317
Tue May 29, 2018 8:23 am
Forum: Investing - Help with Personal Investments
Topic: US Tres bill on Fidelity
Replies: 9
Views: 716

Re: US Tres bill on Fidelity

Thanks. But would a 1.8% 3 moths CD be better than cash? Depends on your needs. Definitely not if you need the money within 3 months. Also 1.8% is worse than many savings accounts. Although I wouldn't open a new bank account to hold some money for 3 months. Also a treasury maturing in 3 months woul...
by mega317
Mon May 28, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a taxable...any reason for bonds?
Replies: 21
Views: 2404

Re: Opening a taxable...any reason for bonds?

I have bonds in taxable. My taxable account is less than double what I would feel comfortable with in an emergency plus some upcoming expenses.
by mega317
Mon May 28, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Alternatives
Replies: 16
Views: 1546

Re: Emergency Fund Alternatives

5% insured? Haha.

You need to accept the fact that yields are low and you can't have it all in terms of returns, safety, insurance, liquidity, whatever. There are lots of ways to get fancy with an emergency fund but you'd be talking about fractions of a percent on a relatively small sum.
by mega317
Sun May 27, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate-term flexible investment 3 - 10 years
Replies: 11
Views: 826

Re: Intermediate-term flexible investment 3 - 10 years

Your idea is fine but I have a few comments: 1. How do you know the timeline that precisely? What if the housing market crashes this year, and you could have afforded something for 140k but you can't buy it because stocks also crash you only have 110k? What if you end up with different housing needs...
by mega317
Sat May 26, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: WFC Float 03/49
Replies: 7
Views: 450

Re: WFC Float 03/49

What's the context of your question? We don't frequently see discussions on obscure, non-Googleable products. The first three google hits are this post. The other four are in other languages. Is this a part of your passive strategy?
by mega317
Sat May 26, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Help with a few questions please - British expat
Replies: 4
Views: 534

Re: Help with a few questions please

3 suggestions 1. Add "British expat" in the title of your thread to get the most helpful eyeballs 2. Add the names of the funds, not just the tickers 3. Add more information to fit your post to this format https://www.bogleheads.org/forum/viewtopic.php?t=6212 Very hard to say if you're on the right ...
by mega317
Sat May 26, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: work one more year or attend law school
Replies: 67
Views: 5012

Re: work one more year or attend law school

I think we're getting off track here. OP's question was should he delay a year or not.
by mega317
Fri May 25, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Auto Loan Interest vs Capital Gains Tax
Replies: 2
Views: 252

Re: Auto Loan Interest vs Capital Gains Tax

Yes you are running a real risk of needing to find another way to pay for the car. If you already owned the car would you borrow the money to buy the stock for a few years, even if someone gave you $400 for your trouble?
by mega317
Thu May 24, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Late 20's small business owner looking for career change
Replies: 13
Views: 1112

Re: Late 20's small business owner looking for career change

You want to help people get their expenses under 1%, and then you plan to charge even your family 1%? OP: there are threads like this one periodically, you should search for some to read many posts that further support the comments already made in this one. In the end, a job is a job and you only sh...
by mega317
Thu May 24, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: work one more year or attend law school
Replies: 67
Views: 5012

Re: work one more year or attend law school

I gotta say, with the salaries so close, it may be that the most financially sound decision is to never attend law school. But more important than numbers is what you want to do in life. If the answer requires law school, then I don't think there's much difference when you start.
by mega317
Thu May 24, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Bank account or Brokerage account for child?
Replies: 20
Views: 1107

Re: Bank account or Brokerage account for child?

hmw wrote:
Wed May 23, 2018 8:32 pm
watching money grow in a saving account is like watch paint dry.
I would worry that watching stocks soar could give the illusion of easy money, and watching them tank could scare him off. I prefer savings to investing as a first lesson for children.
by mega317
Thu May 24, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Planning a first home down payment fund
Replies: 10
Views: 843

Re: Planning a first home down payment fund

In my opinion, 5 years is not enough time to be taking equity risk. I think many people wouldn't even want intermediate-term bond risk. I don't know what those tickers are but in general bonds are not correlated to stocks meaning your last question is not answerable. Can you give us some more inform...
by mega317
Wed May 23, 2018 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 55
Views: 7384

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

raixx017, if you scroll down from your screenshot do you have the option to buy the 7-year? That's all that's available right now. The auctions are on a schedule and you can only buy after they're announced. I believe tomorrow you will be able to buy 4-, 13-, and 26-weeks.
by mega317
Wed May 23, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on way, Empire health insurance or Oxford?
Replies: 8
Views: 727

Re: Baby on way, gov't health insurance or Oxford?

Well if your one and only concern is limiting the total expense of a catastrophe, then Oxford is the way to go. But then why are you asking the question? If you run "most likely" scenarios it may end up more expensive due to higher premiums, maybe prescriptions or ER or mental health or something el...
by mega317
Wed May 23, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help please with short term - 5yr - investment plan
Replies: 9
Views: 908

Re: Help please with short term - 5yr - investment plan

WhiteMaxima wrote:
Wed May 23, 2018 6:05 pm
5 Year CD 2.5% interest.
You would have to put in a little effort to find a 5 year CD that low.
by mega317
Wed May 23, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Switching jobs, what to do with 401k
Replies: 13
Views: 1288

Re: Switching jobs, what to do with 401k

Welcome to the forum. I think you pretty much have it figured. A. Roll into an IRA, affect future back door Roth. What's your filing status and AGI? B. Roll into new plan. How do the investment choices compare to the current plan? C. Leave it where it is. What are the investment choices? PS be caref...
by mega317
Wed May 23, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on way, Empire health insurance or Oxford?
Replies: 8
Views: 727

Re: Baby on way, gov't health insurance or Oxford?

Congrats! Obviously the answer is going to be based on how much and what type of health care you consume, and even if we had that information you haven't given us enough to decide. What are the copays, for example.
by mega317
Wed May 23, 2018 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help please with short term - 5yr - investment plan
Replies: 9
Views: 908

Re: Help please with short term - 5yr - investment plan

Welcome to the forum. I am having a hard time understanding your question. " I want to keep the $200k untouched for 5 years" seems in direct conflict with "deplete these funds moderately over a 5 year period". Maybe if you told us the goal for the money? In general the answer for 5 years or less is ...
by mega317
Wed May 23, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Wisdom teeth removal and HSA
Replies: 9
Views: 966

Re: Wisdom teeth removal and HSA

The timing of the procedure doesn't matter (once you're covered by the HDHP). You can take the money from the HSA now or later, just keep receipts.
by mega317
Wed May 23, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable CD vs 401K Stable Value
Replies: 1
Views: 240

Re: Taxable CD vs 401K Stable Value

What's the fixed income fund? What is your tax bracket? In general I would prefer stocks in taxable and fixed income in tax-deferred, but I can think of reasons to do the opposite.
You'll get better advice if you post like this: viewtopic.php?t=6212
by mega317
Wed May 23, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: New Car Loan Payoff Strategy
Replies: 7
Views: 732

Re: New Car Loan Payoff Strategy

What municipal bond fund did you have in mind? Vanguard's long-term tax exempt fund is only yielding 2.84%, and you'd have to pay state tax if that's relevant for you. And it could lose 10% or more.
by mega317
Wed May 23, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: New Car Loan Payoff Strategy
Replies: 7
Views: 732

Re: New Car Loan Payoff Strategy

My general feeling is that liquidity has value which is worth paying for in certain cases, and yours might be one of those cases. But you are going to have a hard time coming out ahead on this deal, and there is a reason for that. I would keep the difference in something low-risk and short-duration ...
by mega317
Wed May 23, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12330

Re: how do you tip on wine at a restaurant

But I still think it's illogical to use a strict percentage when buying a $300 vs. $30 bottle of wine at a restaurant. Sure it's illogical. The whole system is illogical and I don't recall reading one post in any tipping thread that argues otherwise. But it is also illogical to stiff people who are...
by mega317
Tue May 22, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2643

Re: Asset Class Forecasts

We always seem to be anticipating profit margin reversion I didn't understand a word of that but I'd like to point out that your post is the only one in the searchable history of this forum with the exact phrase "profit margin reversion" and there are only a handful that seem to talk about reversio...
by mega317
Tue May 22, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Investing childrens accounts new money
Replies: 4
Views: 590

Re: Investing childrens accounts new money

I think you need to define the goals for these accounts. For example, is it possible the 10 year old will use this money for something like a school trip in the next few years?

What bonds are at 0.75%? I think you can do better.
by mega317
Tue May 22, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12330

Re: how do you tip on wine at a restaurant

RollTide31457 wrote:
Tue May 22, 2018 1:44 pm
Usually only add a tip if adequate service is provided - drinks are refilled promptly without asking, food is delivered as ordered and in a prompt manner, seating assignments are comfortable and not unnecessarily crowded, etc.
Like, if you have to ask for more water you tip $0.00?
by mega317
Mon May 21, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Same funds within IRA and Taxable
Replies: 26
Views: 1811

Re: Same funds within IRA and Taxable

You all might be right about my comment on selling the replacement shares in the ira. I have never had to do this but I assumed, probably incorrectly, that you can just document your transactions. I do realize vanguard won't do spec ID
by mega317
Mon May 21, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: recommended Roth percentage of total investments
Replies: 17
Views: 2797

Re: recommended Roth percentage of total investments

It might help to model your yearly income/taxes. You might be able to roughly find the point where converting a certain amount will keep you in low-ish brackets in conversion years while also reducing RMDs enough to stay in low-ish brackets later.
by mega317
Mon May 21, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Fractional Shares?
Replies: 6
Views: 418

Re: Fractional Shares?

How long ago did you move the account? It might move automatically after a few days.
Edit: wrong