Search found 81 matches

by beezquimby
Tue Aug 13, 2019 6:41 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 918
Views: 52594

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

So is the point to buy these two funds and hold them long term, making additional purchases to balance out the 40/60 ratio? I will admit that I am intrigued.
by beezquimby
Tue Aug 13, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 918
Views: 52594

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Can someone explain to me the concept of drawdown in relation to this strategy. Thanks
by beezquimby
Fri Apr 05, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: What are these droppings? How to get rid?
Replies: 15
Views: 1710

Re: What are these droppings? How to get rid?

Thanks for replies. Northern California, yes there are bats in the city that I live in. Yes the dropping are all in the same location on the patio. This is a picture of directly above the dropping area https://ibb.co/rxVmfmF I’m thinking bats?, yes I know bats eats insects but bat droppings are not ...
by beezquimby
Fri Apr 05, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: What are these droppings? How to get rid?
Replies: 15
Views: 1710

What are these droppings? How to get rid?

I have these droppings in my backyard. There’s no food around and I’ve cleaned it up and they come back. Any ideas? I am about to call an exterminator but want to check in here first.

https://ibb.co/cCPn276
https://ibb.co/pjKwsYq
by beezquimby
Wed Dec 12, 2018 1:32 pm
Forum: Personal Investments
Topic: Deferred comp question
Replies: 2
Views: 521

Deferred comp question

I am participating in my company's deferred comp but wasn't sure about one thing. Let's say I have 100K at the time of distribution, and lets assume it is to be distributed over 5 years quarterly (20 payments). Would I get 5K each quarter, or is the money still being invested over that 5 year period...
by beezquimby
Fri Aug 31, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: Piano for a child
Replies: 60
Views: 3423

Re: Piano for a child

You’re actually wrong. I play the piano. I have played many digital pianos with weighted keys. They “feel” nothing like even the most ordinary regular piano. The action or feel is totally different, the feel is invariably heavy and sluggish feeling. I am sure there are digital pianos that feel like ...
by beezquimby
Sat Aug 18, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 17125

Re: Remind me (again) how real estate isn't a GREAT investment?

Not sure what you are talking about. If you have a mid 7 figure portfolio with no debt (from stock market investing) I can utilize the money any time by clicking a button and transferring assets. The fact that there are hundreds of teachers, police officers, and other median income earners that have...
by beezquimby
Sat Aug 18, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 17125

Re: Remind me (again) how real estate isn't a GREAT investment?

LOL, don’t mean to be obnoxious but I think the vast majority of readers would rather have a paid off house and mid 7 figures in investable assets (0 debt) compared to several mortgaged rental properties. I believe in keeping things simple. Life is already too complicated. I can tell you unequivocal...
by beezquimby
Sat Aug 18, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 17125

Re: Remind me (again) how real estate isn't a GREAT investment?

I can tell you unequivocally and without reservation that the stock market is the greatest wealth creating machine ever devised. Went from negligible net worth to mid seven figure net worth in about 12 years through regular investments into stocks and mutual funds. I fail to see the appeal of real e...
by beezquimby
Wed Jul 25, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2570

Re: How much car can I buy?

I have installed openpilot by comma.ai into my civic and it now drives itself on the freeway. My age is 41, net worth a bit over 6 m. I just bought a civic touring, cost about 28K. A practical car for a practical guy. As long as you do not really enjoy special types of cars and regret any choices it...
by beezquimby
Wed Jul 25, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2570

Re: How much car can I buy?

My age is 41, net worth a bit over 6 m. I just bought a civic touring, cost about 28K. A practical car for a practical guy.
by beezquimby
Tue Jun 12, 2018 1:41 pm
Forum: Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 14295

Re: MD&P just purchased X / sold Y [md&pharmacist]

The reason you’re getting an attitude here is you started off with your manifesto purporting to have a knowledge of how different sectors can be timed and that you want to “maintain” a 30-40% average. Now you’re backtracking, LOL you’ve never even bought individual stocks? I have a sizeable portfoli...
by beezquimby
Tue Jun 12, 2018 2:40 am
Forum: Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 14295

Re: MD&P just purchased X / sold Y [md&pharmacist]

Hmm you’re using leveraged sector mutual funds as trading vehicles and claiming to have special insight into when certain sectors fall in and out of favor. Sounds like a great idea!! Nothing to see here folks, keep walking along... What did you sell to purchase OPGIX? (It surprises me that I have to...
by beezquimby
Mon Jun 11, 2018 6:35 pm
Forum: Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 14295

Re: MD&P just purchased X / sold Y [md&pharmacist]

LOL, big time anticlimactic, that’s your strategy investing in focused sector funds? So my current holdings are with returns as of 6/11/2018): YTD 1-YEAR 3-YEAR 5-YEAR 10-YEAR 1- VFIAX (Vanguard 500 Admiral) 4.83% 14.35% 10.94% 12.94% 9.13% 2- VQNPX (Vanguard Growth and Income) 5.42% 15.26% 10.90% 1...
by beezquimby
Sun Jun 10, 2018 7:46 pm
Forum: Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 14295

Re: MD&P just purchased X / sold Y [md&pharmacist]

Your post here comes across like something a hedge fund manager might write (of course we all know how well they usually do as beating the market). Sorry but anyone can put money into a leverage mutual fund sell a few months later, you just can’t do that consistently have been studying the markets a...
by beezquimby
Sun Jun 10, 2018 6:10 pm
Forum: Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 14295

Re: MD&P just purchased X / sold Y

LOL, I personally am prepared to buy when the next correction ensues.
I am prepared to sell tomorrow if the next major correction ensues.
by beezquimby
Sun Jun 10, 2018 9:14 am
Forum: Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 14295

Re: MD&P just purchased X / sold Y [md&pharmacist]

LOL trying to average 30-40% return, dont need to read anything more after reading that. Hi everyone. A number of Bogleheads have asked me to post how and when I buy such highly performing funds, and sell my under-performers. Barring a major correction/bear, looking to maintain an average 30-40% 1 y...
by beezquimby
Sun Jun 03, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 16443

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

I think the OP is incredibly naive. I’m a physician and know very little about law, but I know that you aren’t going to become a law professor within any suitable timeline given your age. Just keeping it real here.
by beezquimby
Sun Jun 03, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 16443

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

You want to go to law school at age 60? LOL, I think you should chill out and relax.
by beezquimby
Sat May 19, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: Curiosity - Kaiser docs compensation
Replies: 19
Views: 3348

Re: Curiosity - Kaiser docs compensation

This thread is not really useful because “Kaiser” can mean any of a number of regions which are all independent corporations and entities with separate management, benefits, pension structures. There is wide variability even within the regions,with the largest region TPMG (northern california kaiser...
by beezquimby
Wed May 16, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 6596

Re: New motorcycle rider

Saying motorcycles are dangerous is not being a nervous nelly, its a statement based on facts. Not worth it, not even close. I am a safe driver and there have been times where i didnt see a motorcycle, Im convinced when you are not looking for a motorcycle there’s a good chance he won’t see it, the ...
by beezquimby
Sun Feb 25, 2018 12:25 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 17582

Re: How Far is too Far, Commuting?

Is that 2 hours each way? 4+ hour commute here, from the boonies to urban centre, mostly by train. Includes a short car ride home to/from train station, and walk to/from urban centre train station to work. 50k/yr more than I'd get in my hometown. Is it worth it for the additional income equivalent/m...
by beezquimby
Sat Feb 24, 2018 10:48 pm
Forum: Personal Consumer Issues
Topic: Ethics of selling a used car
Replies: 54
Views: 5289

Re: Ethics of selling a used car

I just sold a used car on CL. I disclosed everything wrong with the car that I knew about. It never crossed my mind not to. When you are selling a car on Craigslist, it is not an anonymous transaction, they know your name, and where you live (it's on the title). I wanted them to know upfront all of ...
by beezquimby
Mon Dec 04, 2017 9:40 am
Forum: Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 12211

Re: Can I afford a $1,400,000 house

Often in these posts the person asking the question already has an answer in mind, any advice that matches their preconceived answer they will listen to and any advice that contradicts it they will dismiss.
by beezquimby
Mon Oct 30, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Storage Recommendations for pictures
Replies: 22
Views: 1736

Re: Storage Recommendations for pictures

Google Photos
I have 90,000 photos uploaded, will be uploading probably 40-50K more photos soon.
Once they are uploaded you can search by face, event, place. The only issue I have had so far is that some of the photos when I shot them were not properly date stamped.
by beezquimby
Fri Oct 20, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 7101

Re: I have to fire someone that I care about personally

lets cut to the chase, the girl can sing but you want to fire her because she's ugly. So my band is taking big steps forward into the corporate market and we're in talks to sign an exclusive deal with a talent agency...very exciting and big news that we all believe will lead to great growth for the ...
by beezquimby
Sun Oct 01, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 136
Views: 31064

Re: Becoming a Landlord: My Experiences

Sorry that's just mumbo-jumbo to me. I'll stick to stocks, others can worry about fixing toilets and AC units etc. And the reason anyone would want to do this is?? I'll stick to my two mouse button clicks to give mr Dow jones my money. although it's more arduous to be a landlord but there is more up...
by beezquimby
Mon Sep 11, 2017 8:45 am
Forum: Personal Investments
Topic: Financial Independence Mindset
Replies: 83
Views: 8348

Re: Financial Independence Mindset

Okay I'll bite. Have been working 12 years. NW 5+ m, including 4 m in investable assets, house paid off 1 m. All through the magic of the greatest wealth creating machine ever invented (stock market) My salary during residency was only $100-110K while I bought the real estate, very reasonable and co...
by beezquimby
Sun Sep 03, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 136
Views: 31064

Re: Becoming a Landlord: My Experiences

And the reason anyone would want to do this is??

I'll stick to my two mouse button clicks to give mr Dow jones my money.
by beezquimby
Tue Jul 25, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 7431

Re: How am I doing? (dual physician household)

Yes backdoor roth. Just recently started additional after tax Roth contributions. Asset allocation is approx 80-90 equities. New annual Contributions 401K- 36 + Employee contrib- 20 = 56 Deferred comp- 170 Roth 10 Gross Income: 550 Annual expenses 80 beezquimby, It appears your AGI has to be way mor...
by beezquimby
Mon Jul 24, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 7431

Re: How am I doing? (dual physician household)

Some more details if people are interested. Starting salary 12 years ago was quite a bit lower than it is now probably 120 less. Student loans were about 100 each. Loans were at low interest rate, paid off about 5 yrs ago. House paid off about 3 yrs ago. Majority of money in indexes but do own signi...
by beezquimby
Mon Jul 24, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 7431

Re: How am I doing? (dual physician household)

Finance-MD wrote:
Can you explain more about these topics?

What are your plans for your estate?

Do you have or have you thought about a DAF?

Have you considered or made trusts? Irrevocable and revocable?

Would you consider overfunding the 529's as a legacy?
by beezquimby
Mon Jul 24, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 7431

Re: How am I doing? (dual physician household)

Ok folks here are some more details I didn't mention. I'm actually will have a pension available to me, based on years of service. Also I am saving more than I listed in the post (after tax 401K contributions and cash savings) It may be impressive but actually it was Not hard. Living on 70-80K is no...
by beezquimby
Sun Jul 23, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 7431

Re: How am I doing? (dual physician household)

Thanks I will be giving this post some thought. Although I fell out of my chair reading the early responses, I will behave better than my "colleagues" here and offer a suggestion. Since your current assets are: Taxable: 1781 (and adding 30 per year) Tax-deferred: 1866 (and adding 56 +170 per year) R...
by beezquimby
Sun Jul 23, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 7431

Re: How am I doing? (dual physician household)

I'm including matching funds, my employer kicks in about 20 a year. Also I have been working for about 12 yrs now. Just curious how do you have 1.2million in 401k as a dual physician couple? You would have graduated at youngest 30 so you both have less then 10 years each in working where the 401k ma...
by beezquimby
Sun Jul 23, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 7431

Re: How am I doing? (dual physician household)

No that's total for 2 docs.
aqan wrote:
Gross Income: 550
it has to be per head
by beezquimby
Wed Jul 19, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 52
Views: 6428

Re: Physician Compensation and Subspecialties

i'm a hospitalist.
If you don't enjoy the work or that particular job, find a new job or sub specialize. Not rocket science here.
by beezquimby
Sat Jun 10, 2017 10:46 pm
Forum: Personal Consumer Issues
Topic: Fence Dilemma
Replies: 31
Views: 4385

Re: Fence Dilemma

The poster did not seem to be concerned about insulting the neighbor, just whether they should ask for payment. I highly doubt the neighbor would be "insulted" if someone decided to fix a fence that they probably couldn't care less about. Trying to figure out where the dilemma is. You spend time tal...
by beezquimby
Sat Jun 10, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: Fence Dilemma
Replies: 31
Views: 4385

Re: Fence Dilemma

Trying to figure out where the dilemma is. You spend time talking about how you are above average in wealth, how you can only really see the problem from your side, and how your neighbor is widowed single parent and very low income. Sorry but you're not sounding very neighbourly or kind here. I woul...
by beezquimby
Sun Jun 04, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 44
Views: 6080

Re: New Milestone

age 40, includes home value (paid off)

http://imgur.com/a/CWCrC
by beezquimby
Sat Apr 15, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 8726

Re: Physician using Turbotax, owing 30K so far already...

Dual income physician household
One year we decided to go to a cpa to see what's up
He made an error on the forms, spent more for cpa fee and had to deal with the IRS error
by beezquimby
Sat Apr 15, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 8726

Re: Expert professional advice needed

http://lmgtfy.com/?q=annual+physical+worthless annual physicals are basically useless. So educate me, for two physician household both normal W2 employees (without corporation, business, home/office etc) what is a CPA or tax professional going to bring to the table. Same thing my annual physical bri...
by beezquimby
Sat Apr 15, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 8726

Re: Expert professional advice needed

annual physicals are basically useless. So educate me, for two physician household both normal W2 employees (without corporation, business, home/office etc) what is a CPA or tax professional going to bring to the table. Same thing my annual physical brings to the table. There might not be anything w...
by beezquimby
Sat Apr 15, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 8726

Re: Expert professional advice needed

So educate me, for two physician household both normal W2 employees (without corporation, business, home/office etc) what is a CPA or tax professional going to bring to the table. Dual physician household here, two regular W2 households don't need anything more than turbotax. Just my opinion. I am a...
by beezquimby
Fri Apr 14, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 8726

Re: Expert professional advice needed

Dual physician household here, two regular W2 households don't need anything more than turbotax. Just my opinion. beachsand: Welcome to the Bogleheads Forum! At your level of income I think it is probably a mistake to use Turbotax for preparing you r income tax. You can compare it to a sick person u...
by beezquimby
Tue Mar 07, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 72346

Re: Physician Retirement Savings

Incendiary wrote:I'm planning on working until I'm in my 70s because I feel an obligation to do so.
:shock:
by beezquimby
Sat Feb 18, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale
Replies: 37
Views: 6305

Re: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale

I think we need to cool it with the judgmental and condescending posts.

I actually think the take home message is you can live a rich and nice lifestyle and things will probably still work out just fine.

It looks like she is doing fine- from the picture it looks like she has a nice place.
by beezquimby
Sun Feb 12, 2017 6:18 pm
Forum: Forum Issues and Administration
Topic: [Bogleheads Sites Are Ad-Free]
Replies: 45
Views: 6663

Re: [Bogleheads Sites Are Ad-Free]

Vanguard manages assets in excess of $4 trillion. They obviously benefit from this website and they would seem to be a natural advertiser. This website has frequent network outages and would benefit from a more robust server. Also would benefit from development of a mobile app. It appears that just ...
by beezquimby
Mon Feb 06, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: Plumbing issue - advice sought
Replies: 47
Views: 4690

Re: Plumbing issue - advice sought

This is an excellent post and is exactly correct. Process of elimination: 1. Stop using tub shower and sink for one week. Use only toilet. If leak reoccurs, problem is toilet, either at supply or wax ring. If no leak... 2. Stop using toilet and tub shower for one week. Use sink only. If leak reoccur...