Search found 86 matches
- Sun Mar 27, 2022 6:09 pm
- Forum: Personal Finance (Not Investing)
- Topic: Can we afford 5M house with ocean view?
- Replies: 480
- Views: 51505
Re: Can we afford 5M house with ocean view?
It does have a nice view, but to me it looks like a 1-2 million dollar house, the nice view isn't worth 3-4 million. based on your financials, I would be a "no" vote as well.
- Wed Mar 02, 2022 5:21 am
- Forum: Personal Consumer Issues
- Topic: Wireless mouse problem
- Replies: 27
- Views: 2748
Re: Wireless mouse problem
if you want to splurge, this mouse is really nice to hold, has two scroll wheels, and the main scroll wheel has a dual mode ratchet/spin feature, and the many buttons are customizable. I have one and I can recommend.
https://www.amazon.com/gp/product/B086Q ... UTF8&psc=1
https://www.amazon.com/gp/product/B086Q ... UTF8&psc=1
- Mon Feb 28, 2022 9:28 pm
- Forum: Personal Consumer Issues
- Topic: Wireless mouse problem
- Replies: 27
- Views: 2748
Re: Wireless mouse problem
mice are cheap buy a new one.
this is a good one:
https://www.amazon.com/gp/product/B0148 ... UTF8&psc=1
this is a good one:
https://www.amazon.com/gp/product/B0148 ... UTF8&psc=1
- Wed Jan 01, 2020 4:04 pm
- Forum: Investing - Theory, News & General
- Topic: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST
- Replies: 688
- Views: 36347
Re: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST
i think the contest should be using the DOW jones
3586.16
3586.16
- Thu Dec 12, 2019 5:12 pm
- Forum: Personal Consumer Issues
- Topic: Purchasing a drone
- Replies: 25
- Views: 2615
Re: Purchasing a drone
been flying drones for several years. Do not get a DJI Phantom (i've owned one), they are large, difficult to transport, and very conspicuous. Trust me on this one. I would recommend the new DJI mavic mini, great video/stills, small and easy to fly.
- Tue Aug 13, 2019 6:41 pm
- Forum: Investing - Theory, News & General
- Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
- Replies: 14343
- Views: 1970493
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.
- Tue Aug 13, 2019 6:17 pm
- Forum: Investing - Theory, News & General
- Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
- Replies: 14343
- Views: 1970493
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
- Fri Apr 05, 2019 11:09 am
- Forum: Personal Consumer Issues
- Topic: What are these droppings? How to get rid?
- Replies: 15
- Views: 2108
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 good things especially on the patio...
Any other thoughts appreciated.
One more thing they did accumulate quickly after removing them. And about a year ago I put out a mouse bait box which did nothing.
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 good things especially on the patio...
Any other thoughts appreciated.
One more thing they did accumulate quickly after removing them. And about a year ago I put out a mouse bait box which did nothing.
- Fri Apr 05, 2019 9:50 am
- Forum: Personal Consumer Issues
- Topic: What are these droppings? How to get rid?
- Replies: 15
- Views: 2108
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
https://ibb.co/cCPn276
https://ibb.co/pjKwsYq
- Wed Dec 12, 2018 12:32 pm
- Forum: Personal Investments
- Topic: Deferred comp question
- Replies: 2
- Views: 615
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, so would I potentially be able to more or less depending on how the investment is doing? in other words is the 100K still being invested during the disbursement period. Thanks!
- Fri Aug 31, 2018 8:21 pm
- Forum: Personal Consumer Issues
- Topic: Piano for a child
- Replies: 60
- Views: 4569
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 acoustic but the costs are very high which negates the whole point of a digital. Buy a used piano off CL. Trust me on this one. Digital pianos are not dissimilar to digital cameras. Less expensive, less maintenance, less carrying cost, lighter, faster, easier, and more features than their mechanical counterparts. There's still a place for film cameras and mechanical pianos in terms of their artistic value, historical authenticity, and style, but ...
- 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: 24408
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 reached FI with real estate in 5 years or a lot sooner, there is probably a reason for that. 99.9% is a made up number and is assuredly false. Most don't even try, because they believed the narrative that they see everywhere (TV, magazines, financial advisors and gurus, politicians, their mom and dad, etc.) that you should invest in a 401k or IRA. Is it a wonder that most Americans are struggling and hope their health holds out until age 65 when...
- 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: 24408
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 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 estate when there is a much easier and simpler path to accumulating wealth. Hey All, I've been a BH'er for almost a decade now. My self taught education through this forum/other...
- 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: 24408
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 estate when there is a much easier and simpler path to accumulating wealth. Hey All, I've been a BH'er for almost a decade now. My self taught education through this forum/others has essentially brought me to a Boglehead style investing model, I have used the lazy 3 fund portfolio with basic rules about taxable accounts/all that for many years and it's gone GREAT and I have a very solid nest egg now approaching $1m very soon. All of my spare money...
- Wed Jul 25, 2018 9:46 am
- Forum: Personal Consumer Issues
- Topic: How much car can I buy?
- Replies: 46
- Views: 3221
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.
smitcat wrote: ↑Wed Jul 25, 2018 9:39 amAs long as you do not really enjoy special types of cars and regret any choices it is a perfect solution for your situation.beezquimby wrote: ↑Wed Jul 25, 2018 9:10 am 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.
- Wed Jul 25, 2018 9:10 am
- Forum: Personal Consumer Issues
- Topic: How much car can I buy?
- Replies: 46
- Views: 3221
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.
- Tue Jun 12, 2018 1:41 pm
- Forum: Personal Investments
- Topic: MD&P just purchased X / sold Y [md&pharmacist]
- Replies: 198
- Views: 19410
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 portfolio of index funds, equities and sector funds, I’ve also traded options in the past, and I’ll go ahead and save you a lot of time and money, you aren’t going to be able to get a consistent 30-40% return without taking inordinate risk. I don't claim to be averaging 30-40%, I want help getting there. I'd say I'm just an average or below average investor (at this time I'm not even comfortable picking my own stocks). I'm 45 y.o. I don't have $1.5M in s...
- Tue Jun 12, 2018 2:40 am
- Forum: Personal Investments
- Topic: MD&P just purchased X / sold Y [md&pharmacist]
- Replies: 198
- Views: 19410
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 ask.) And what was your last trade before that? You can see where I’m going with this. May as well, this is gonna be a lot of foreplay and not much action otherwise. Not every purchase has to be preceded by a sale. Well, I'd have to pull out years of transactions, though not sure if I have transactions from 20 years ago. Not like I have to manage patients or anything. :happy You're missing a very important point. I do not trade short term, most ...
- Mon Jun 11, 2018 6:35 pm
- Forum: Personal Investments
- Topic: MD&P just purchased X / sold Y [md&pharmacist]
- Replies: 198
- Views: 19410
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% 13.07% 8.63% 3- VWNDX (Vanguard Windsor Fund) 2.52% 11.44% 7.47% 10.74% 8.42% 4- UNPIX (Profunds Ultra International Fund) – 3.18% 9.81% 1.47% 5.53% – 5.85% 5- DXQLX (Direxion Nasdaq 100 Bull 2x) 22.44% 39.92% 29.89% 37.51% 18.74% 6- FBIOX (Fidelity Select Biotechnology) 9.52% 27.00% – 0.56% 15.15% 17.15% 7- FSPHX (Fidelity Select Healthcare) 14.57% 22.52% 4.86% 17.56% 15.44% 8- FSELX (Fidelity Select Semiconductors) 14.53% 30.63% 22.85% 27.04% 15...
- Sun Jun 10, 2018 7:46 pm
- Forum: Personal Investments
- Topic: MD&P just purchased X / sold Y [md&pharmacist]
- Replies: 198
- Views: 19410
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 and trading on some level for over 20 years. If you want passive and easy, this is definitely not for you. I study the markets daily. Currently I just trade funds and study the sector news, fund history, holdings, managers, etc. I am prepared to sell tomorrow if the next major correction ensues. I have avoided any significant losses in the past and intend to continue doing so. One cannot learn to do what I do overnight by following this string. Ye...
- Sun Jun 10, 2018 6:10 pm
- Forum: Personal Investments
- Topic: MD&P just purchased X / sold Y [md&pharmacist]
- Replies: 198
- Views: 19410
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.
- Sun Jun 10, 2018 9:14 am
- Forum: Personal Investments
- Topic: MD&P just purchased X / sold Y [md&pharmacist]
- Replies: 198
- Views: 19410
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 year annualized return portfolio. I'll start with my last transaction: Purchased DXQLX on February 8, 2018 $20.3/share. Closed Friday, June 8, 2018 at 26.09. So far a healthy 28% return over four months. I am relatively confident in the tech heavy Nasdaq over the longer term. I find technology to be one of the strongest spots in the overall market at this time. https://www.google.com/search?source=hp&ei=6KQcW5vKIY2TzwKl74CYBg&q=dxqlx&o...
- Sun Jun 03, 2018 10:16 pm
- Forum: Personal Finance (Not Investing)
- Topic: Update: Can a Retired 60 yo MD, MBA Start a Law Career?
- Replies: 285
- Views: 23173
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.
- Sun Jun 03, 2018 7:18 pm
- Forum: Personal Finance (Not Investing)
- Topic: Update: Can a Retired 60 yo MD, MBA Start a Law Career?
- Replies: 285
- Views: 23173
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.
- Sat May 19, 2018 10:35 pm
- Forum: Personal Consumer Issues
- Topic: Curiosity - Kaiser docs compensation
- Replies: 19
- Views: 5229
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) having numerous sub regions, dozens of medical centers. TPMG has competitive salaries and the best benefits you will find in medicine.
- Wed May 16, 2018 5:57 pm
- Forum: Personal Consumer Issues
- Topic: New motorcycle rider
- Replies: 125
- Views: 10696
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 brain is wired that way. Sorry I was away for a while. I was busy commuting on my motorcycle in an urban environment with distracted drivers. Before letting all the nervous Nellies talk you out of your motorcycle, consider that this is a website where 20 year olds are told they need bonds. Risk aversion is rampant here. Be safe, take precautions, and don't ride beyond your limits, but sometimes your number is up. It does not matter if you are dri...
- Sat Feb 24, 2018 11:25 pm
- Forum: Personal Consumer Issues
- Topic: How Far is too Far, Commuting?
- Replies: 220
- Views: 34371
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/more than an average person's salary, and a job that aligns with my abilities better than any job I've had before? You bet. Some benefits: it forces me to run a daily schedule according to the train. This has been a good thing, making a fairly rigid habit/ritual out of my mornings, as I'm otherwise, by nature, lackadaisacal. It has also forced me to exercise virtually every day during lunch time, at first to maintain health, but now I believe I am...
- Sat Feb 24, 2018 9:48 pm
- Forum: Personal Consumer Issues
- Topic: Ethics of selling a used car
- Replies: 54
- Views: 7115
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 the potential issues in the car and to be comfortable with the transaction. This seems to be the wisest thing to do.
- Mon Dec 04, 2017 8:40 am
- Forum: Personal Investments
- Topic: Can I afford a $1,400,000 house
- Replies: 112
- Views: 18848
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.
- Mon Oct 30, 2017 10:19 am
- Forum: Personal Consumer Issues
- Topic: Storage Recommendations for pictures
- Replies: 22
- Views: 2063
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.
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.
- 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: 8006
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 business. Unfortunately however, this is also going to mean replacing a member of our group that has been with us for almost 3 years now. She is always on time and generally comes prepared, is a nice person and a team player, and has a great voice. All important things. However her looks and even more importantly her lack of stage presence are honestly the weakest link in the group right now. Before anyone gets angry at this...remember we're talk...
- Sun Oct 01, 2017 3:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: Becoming a Landlord: My Experiences
- Replies: 183
- Views: 48684
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 upside as well as downside when you individually select an asset. looks like there is a good understanding of the downside, but here are some upside/benefit scenarios as a landlord. 1) you can leverage your capital - generally speaking, you can acquire $1MM of assets for every $250k you put down. if asset is cash-flow positive, the tenants are basically paying for your asset. 2) tax benefits thru cash interest / depreciation 3) home run plays - ove...
- Mon Sep 11, 2017 8:45 am
- Forum: Personal Investments
- Topic: Financial Independence Mindset
- Replies: 83
- Views: 9333
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)
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 common on this forum. Again you are dodging the question (for the 3rd time). Show me a scenario where indexing gets to to FI/RE in less than decades? I'll wait. Condescension and logical fallacies won't be enough unfortunately. I will embrace anything and everything that pencils out.
- Sun Sep 03, 2017 4:38 pm
- Forum: Personal Finance (Not Investing)
- Topic: Becoming a Landlord: My Experiences
- Replies: 183
- Views: 48684
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.
I'll stick to my two mouse button clicks to give mr Dow jones my money.
- Tue Jul 25, 2017 9:51 am
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
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.
Just recently started additional after tax Roth contributions.
Asset allocation is approx 80-90 equities.
JW-Retired wrote:beezquimby,beezquimby wrote: New annual Contributions
401K- 36 + Employee contrib- 20 = 56
Deferred comp- 170
Roth 10
Gross Income: 550
Annual expenses 80
It appears your AGI has to be way more than the amount that allows direct Roth contributions ($194k MAGI). Can you confirm that you are making Roth contributions via the "backdoor" maneuver?
Folks are assuming you are but I'm wondering?
JW
- Mon Jul 24, 2017 10:50 pm
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
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 significant amount of stocks. I'm actually agreeing it's not impressive. Anyone with this type of income can and should be multimillionaires. Investing is the stock market basically entails going to fidelity or vanguard and clicking a mouse button. The fact this is impressive speaks volumes as to physician financial spending habits and financial illiteracy. Your situation is not uncommon for a 2 doc family who knows how to save instead of spend. Umm.....
- Mon Jul 24, 2017 8:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
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?
- Mon Jul 24, 2017 3:26 pm
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
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 not difficult. I started to invest starting with my first paycheck. What surprises me is not how well I have done but that my situation is not more common especially for dual physician families. I have tried to get colleagues to think about these matters like investing, controlling expenses but why would anyone listen to me (I don't blame them, I wouldn't take financial advice from a colleague either) Your situation is not uncommon for a 2 doc fami...
- Sun Jul 23, 2017 10:04 pm
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
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) Roth: 111 (and adding 10 per year), I think you need to think ahead to your retirement years. I realize you are tax-deferring as much as you can because of your tax bracket, but you are likely to also be in a similar tax bracket in retirement due to your Required Minimum Distributions from the tax-deferred accounts. They are likely to reach over $10M by the time RMDs are required. (After all, every 4 years you are contributing another 1M...
- Sun Jul 23, 2017 10:01 pm
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
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.
staythecourse wrote: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 max would have been 16,500-18,000/ person. So that is around: 1/3 million in contributions. So how can it have grown so fast in only 10 years?
Are one of you a solo 401k? Is one an inherited 401k?
Good luck.
p.s. I am pretty sure you know you are doing well.
- Sun Jul 23, 2017 9:58 pm
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
Re: How am I doing? (dual physician household)
No that's total for 2 docs.
aqan wrote:it has to be per headGross Income: 550
- Sun Jul 23, 2017 6:02 pm
- Forum: Personal Finance (Not Investing)
- Topic: How am I doing? (dual physician household)
- Replies: 45
- Views: 8412
- Wed Jul 19, 2017 2:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician Compensation and Subspecialties
- Replies: 52
- Views: 7624
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.
If you don't enjoy the work or that particular job, find a new job or sub specialize. Not rocket science here.
- Sat Jun 10, 2017 10:46 pm
- Forum: Personal Consumer Issues
- Topic: Fence Dilemma
- Replies: 31
- Views: 5040
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 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 would give her a FYI that I was fixing it and that's it. I think the dilemma is how to approach this without insulting the neighbor. Since the current fence is "jointly owned," some may feel insu...
- Sat Jun 10, 2017 9:29 pm
- Forum: Personal Consumer Issues
- Topic: Fence Dilemma
- Replies: 31
- Views: 5040
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 would give her a FYI that I was fixing it and that's it.
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 would give her a FYI that I was fixing it and that's it.
- Sun Jun 04, 2017 12:33 pm
- Forum: Personal Finance (Not Investing)
- Topic: New Milestone
- Replies: 44
- Views: 6520
- Sat Apr 15, 2017 7:16 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician using Turbotax, owing 30K so far already...
- Replies: 65
- Views: 9941
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
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
- Sat Apr 15, 2017 3:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician using Turbotax, owing 30K so far already...
- Replies: 65
- Views: 9941
Re: Expert professional advice needed
http://lmgtfy.com/?q=annual+physical+worthless
EATaxGuy wrote:WebMD agrees: http://www.webmd.com/a-to-z-guides/annu ... inations#1beezquimby wrote:annual physicals are basically useless.
EATaxGuy wrote:Same thing my annual physical brings to the table. There might not be anything wrong, but how do I know unless an expert has a look?beezquimby wrote: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.
- Sat Apr 15, 2017 1:25 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician using Turbotax, owing 30K so far already...
- Replies: 65
- Views: 9941
Re: Expert professional advice needed
annual physicals are basically useless.
EATaxGuy wrote:Same thing my annual physical brings to the table. There might not be anything wrong, but how do I know unless an expert has a look?beezquimby wrote: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.
- Sat Apr 15, 2017 11:41 am
- Forum: Personal Finance (Not Investing)
- Topic: Physician using Turbotax, owing 30K so far already...
- Replies: 65
- Views: 9941
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.
EATaxGuy wrote:I am an enrolled agent. For my healthcare I don't need anything more than WebMD and access to Canadian drugs on the internet. Just my opinion.beezquimby wrote:Dual physician household here, two regular W2 households don't need anything more than turbotax. Just my opinion.