Search found 118 matches

by ENT Doc
Sun Oct 07, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Differences between Index Funds
Replies: 20
Views: 1997

Re: Differences between Index Funds

You should put money into a Roth IRA (direct or backdoor) before taxable).
by ENT Doc
Sat Oct 06, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Sell $5K in taxable to pay for 2019 Roth IRA contribution
Replies: 6
Views: 561

Re: Sell $5K in taxable to pay for 2019 Roth IRA contribution

I would sell the growth fund in taxable to get that $5,500 into your Roth.
by ENT Doc
Sat Oct 06, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Sell $5K in taxable to pay for 2019 Roth IRA contribution
Replies: 6
Views: 561

Re: Sell $5K in taxable to pay for 2019 Roth IRA contribution

What is your cost basis in the growth fund? At these short or long term cap gains? What is your taxable income? What find are you putting it into?
by ENT Doc
Sat Oct 06, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Long or medium bonds
Replies: 88
Views: 5776

Re: Long or medium bonds

This might be a stupid question but if interest rates go up and you are in a long term bond fund do the rate for them go up ? I am not as familiar with bond funds and just wanted to know. No, the bond fund won't immediately go up to the new rate. In fact, the rate will hardly move at all on a LT bo...
by ENT Doc
Sat Oct 06, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: pre med then med school factors
Replies: 18
Views: 874

Re: pre med then med school factors

You’ve taken a cynical view of this and haven’t expressed why you or anyone might be interested in medicine. You also leave out significant upsides. My suggestion is to keep looking.
by ENT Doc
Thu Sep 27, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Mandate from Rollover/Transfer of Retirement Account
Replies: 13
Views: 1184

Re: RMD Mandate from Rollover/Transfer of Retirement Account

Is the 403B the only account potentially subject to RMDs or did you rollover just one of many old accounts to an IRA, or have a pre-existing TIRA?
by ENT Doc
Wed Jul 04, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: History of U.S. Dividends & Share Buybacks, 1871-2017
Replies: 32
Views: 2648

Re: History of U.S. Dividends & Share Buybacks, 1871-2017

That would suggest that after tax returns are the same regardless of if that 4% is returned as dividends or as share buy backs. Not every investor has the same tax structure that you have. Many investors pay no income tax at all. I'm not making assumptions based on my situation. My examples were me...
by ENT Doc
Wed Jul 04, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: History of U.S. Dividends & Share Buybacks, 1871-2017
Replies: 32
Views: 2648

Re: History of U.S. Dividends & Share Buybacks, 1871-2017

Newbie here. Fascinating post. I can see why the average index fund investor likes dividends. However, I am not sure I understand why share buybacks would benefit those investing in index funds. Is it basically a supply and demand issue? In other words, as companies buy back shares, the overall num...
by ENT Doc
Wed Jul 04, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: 529 asset allocation during college years
Replies: 9
Views: 1014

Re: 529 asset allocation during college years

My son's 529 fund is invested in the Vanguard Nevada plan. He has $100K in the account, but will likely use less than $25K of it to complete his B.A. (in the next 2-3 years). He may want to continue on to graduate school for a master's degree; that is, grad school is at least 3 years into the futur...
by ENT Doc
Sun Jun 24, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: Best time to travel to Iceland?
Replies: 22
Views: 3023

Re: Best time to travel to Iceland?

I went in mid May. Drove the ring road which was great. Best part was getting out of Reykjavik. So much to see and do outside there. However, I would not go back in mid-May and would bite the bullet, pay the higher prices, and go in July-Aug (or do a winter trip to see the Northern Lights). They don...
by ENT Doc
Fri Jun 22, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 9210

Re: gray hair

We all gray eventually. Just embrace it. If you start dying it now are you really going to be doing it at 70? And if not then when do you stop and why?
by ENT Doc
Fri Jun 22, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: 529 plan change of beneficiary and ownership
Replies: 11
Views: 901

Re: 529 plan change of beneficiary and ownership

A change of beneficiary to a younger generation is considered a gift from the account owner to the new beneficiary in the year of the change. So if I'm the account owner and my child is the beneficiary and doesn't use all his 529 money, how would I transfer the remainder to his future child's 529 w...
by ENT Doc
Fri Jun 22, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: 529 plan change of beneficiary and ownership
Replies: 11
Views: 901

Re: 529 plan change of beneficiary and ownership

A change of beneficiary to a younger generation is considered a gift from the account owner to the new beneficiary in the year of the change. So if I'm the account owner and my child is the beneficiary and doesn't use all his 529 money, how would I transfer the remainder to his future child's 529 w...
by ENT Doc
Tue Jun 19, 2018 4:37 am
Forum: Investing - Theory, News & General
Topic: Mutual Fund Dividends
Replies: 12
Views: 1202

Re: Mutual Fund Dividends

So you're basically suggesting that the fund liquidates assets right before the dividend payout date, to account for the investors that choose to receive the dividends (perhaps retirees and such)? Yes, but even more general. Each day thhe junior portfolio manager gets a sheet with their cash positi...
by ENT Doc
Sat Jun 16, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: How to calculate Real Estate in your Asset Allocation
Replies: 20
Views: 2365

Re: How to calculate Real Estate in your Asset Allocation

I count the equity when doing a net worth assessment, but don't count it towards my traditional AA. For valuation I take off 6% from comps due to realtor fees, but I think it makes sense to throw an extra few percent on for frictional costs of the sale, especially if you have a renter there.
by ENT Doc
Sat Jun 09, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: AT&T lower-cost data alternatives (is Sprint's $15/mth worth it)?
Replies: 27
Views: 2487

Re: AT&T lower-cost data alternatives (is Sprint's $15/mth worth it)?

T Mobile has a deal going for military or veterans where you get unlimited talk/text/data and free Netflix. First line $55, second $25, lines 3-6 $10 each. That includes all taxes and fees. If you or your spouse or either' family has a veteran or active duty member this plan is hard to beat.
by ENT Doc
Sun Jun 03, 2018 6:14 am
Forum: Personal Consumer Issues
Topic: Switch between physicians in the same practice?
Replies: 40
Views: 3393

Re: Switch between physicians in the same practice?

The fact that you were seen by a younger physician is not a bad thing. This assumes, as previously noted, that they were indeed a physician. Regardless of all that I think what needs to be explained is why you met with someone who you didn't make an appointment with. Just ask the practice. If you're...
by ENT Doc
Sun Jun 03, 2018 3:35 am
Forum: Investing - Theory, News & General
Topic: Taxable Investing if Not Worried About Capital Gains
Replies: 9
Views: 1589

Re: Taxable Investing if Not Worried About Capital Gains

Depends on realized vs unrealized, what the investments were, and your tax bracket.
by ENT Doc
Tue May 15, 2018 5:20 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 9685

Re: Does it make sense to rent as a retiree?

If I compare renting a home comparable to ours in the same neighborhood and factor in taxes, insurance, and maintenance costs, we're getting over a 5% return on our home by owning instead of renting. That makes good financial sense to me. YMMV. Did you calculate the opportunity cost of the equity t...
by ENT Doc
Mon May 14, 2018 4:55 am
Forum: Investing - Help with Personal Investments
Topic: 529 Plan - NJ Resident
Replies: 18
Views: 1894

Re: 529 Plan - NJ Resident

Thanks all for responses... Checked the documents for fee & expenses (Total Annual Asset Based) for out of state looking to go for age-based options. NY is at 0.15% Nevada is at 0.16% with slightly more age based portfolios (12 vs. 9 in NYS or 10 in UT) CA is mostly around 0.17% (they have differen...
by ENT Doc
Sun May 13, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Plan - NJ Resident
Replies: 18
Views: 1894

Re: 529 Plan - NJ Resident

Depends on your desired asset allocation. If you're looking for a simple 3 fund portfolio and the lowest cost I'm an advocate for CA's 529. UT and NV and NY are all fine, as are others where Fidelity is in charge. But those are all higher costs. If you want an age based portfolio then I'd dive deepe...
by ENT Doc
Mon Apr 30, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: Preventing Smoke from Seeping In
Replies: 22
Views: 2542

Re: Preventing Smoke from Seeping In

Dottie57 wrote:
Mon Apr 30, 2018 11:57 am
Are there any vents which are shared. Bathroom fans with shared vents to the outside?

If so, see if there is a way to close them.
No shared vents. I think the foam idea is the best I can do in addition to putting a odor masking agent in the wall plug. Appreciate the suggestions.
by ENT Doc
Mon Apr 30, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: Preventing Smoke from Seeping In
Replies: 22
Views: 2542

Re: Preventing Smoke from Seeping In

The most likely space between condos where smoke is wafting into your condo is in the attic or at the ceiling. If you have an attic, it is likely open across all the condos to allow proper ventilation which means every single ceiling penetration you have in your condo is a possible leak to allow sm...
by ENT Doc
Mon Apr 30, 2018 7:24 am
Forum: Personal Consumer Issues
Topic: Preventing Smoke from Seeping In
Replies: 22
Views: 2542

Re: Preventing Smoke from Seeping In

This is definitely coming from the room or rooms adjacent and indoors. They do smoke outside but that is three floors down and away from the area in question. The fact that sometimes it smells like pot also indicates it's coming from the inside. Appreciate the suggestions so far.
by ENT Doc
Sun Apr 29, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Preventing Smoke from Seeping In
Replies: 22
Views: 2542

Preventing Smoke from Seeping In

I own a condo which is part of a row of units, the last two of which are not part of the condo association. Mine is at the end of the condo units but adjacent to the non-condo units at the end of the row. Hope this makes sense. The owner of the last two non-condo units (one of which adjacent to mine...
by ENT Doc
Thu Apr 26, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Help! Nephew is asking for college advice (undergrad choices)
Replies: 41
Views: 2772

Re: Help! Nephew is asking for college advice (undergrad choices)

If he's dead set on engineering don't let the competitiveness of Purdue turn him off. If he's relatively bright and willing to put in the work then he's got what it takes. Does he care about being away from home or is this to serve others' interests?
by ENT Doc
Wed Apr 18, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard changing stance on social activism
Replies: 6
Views: 1737

Re: Vanguard changing stance on social activism

Really pathetic. Way to cave, Vanguard.
by ENT Doc
Sun Apr 15, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3823
Views: 1079561

Re: What Movie Have You Recently Watched?

Watched Crazy Heart again last night. Plot is so-so, but the music is great and Bridges' performance is phenomenal. Carries the movie.
by ENT Doc
Thu Apr 12, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 28273

Re: Anyone Deleting Facebook?

Deleted recently. FB has become a medium for people to try to feel important and boast, and in more extreme ways than they would in a face to face conversation. Their transition from platform to publisher/regulator of information doesn't help either.
by ENT Doc
Sat Apr 07, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Problems understanding sale of LP units
Replies: 8
Views: 835

Re: Problems understanding sale of LP units

You're going to have to do two calculations - one for LT units and one for ST units. What is the split for the ordinary gain between LT and ST? If you send those, I'll do some calcs, and send back the answers. If you want to try it yourself, Here's a sample with made up numbers for a couple of the ...
by ENT Doc
Thu Apr 05, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Problems understanding sale of LP units
Replies: 8
Views: 835

Re: Problems understanding sale of LP units

I purchased just over $3k of stock in a publicly traded partnership in 2012. Since then the proceeds distributed were set to reinvest, so what was 140 units purchased became 225 at the end of last year. I sold those units in 11/2017, all of which were at a loss ($1,332 LT, $32 ST). My brokerage ser...
by ENT Doc
Thu Apr 05, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Problems understanding sale of LP units
Replies: 8
Views: 835

Re: Problems understanding sale of LP units

Thank you again for the advice. The company is GLP. It deals in energy, yes, but there are definitely multiple years of both operating income/loss and net rental gain/loss. I'm following you on the operating losses carrying forward. But I'm a little fuzzy on the matching of the capital gain/loss. To...
by ENT Doc
Wed Apr 04, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Problems understanding sale of LP units
Replies: 8
Views: 835

Re: Problems understanding sale of LP units

I purchased just over $3k of stock in a publicly traded partnership in 2012. Since then the proceeds distributed were set to reinvest, so what was 140 units purchased became 225 at the end of last year. I sold those units in 11/2017, all of which were at a loss ($1,332 LT, $32 ST). My brokerage ser...
by ENT Doc
Wed Apr 04, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Problems understanding sale of LP units
Replies: 8
Views: 835

Problems understanding sale of LP units

I purchased just over $3k of stock in a publicly traded partnership in 2012. Since then the proceeds distributed were set to reinvest, so what was 140 units purchased became 225 at the end of last year. I sold those units in 11/2017, all of which were at a loss ($1,332 LT, $32 ST). My brokerage serv...
by ENT Doc
Mon Apr 02, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Physcian specialty question - not advice
Replies: 12
Views: 2287

Re: Physcian specialty question - not advice

The name of the specialty was changed years ago to be "Otolaryngology - Head & Neck Surgery". So any ENT could say they are an ENT, an Otolaryngologist, or a Head and Neck Surgeon. I feel like most head and neck oncologic surgeons with a (typically) year fellowship in oncologic surgery would say the...
by ENT Doc
Fri Mar 09, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Citi DoubleCash vs. Paypal (Synchrony)
Replies: 28
Views: 6888

Re: Citi DoubleCash vs. Paypal (Synchrony)

Don't be surprised if your credit limit is low on the double cash back Citi card. Excellent credit here and could initially only get $10k. After two years they were nice and let me increase it to $12,500. Rarely approach this, but if you do it's worth noting.
by ENT Doc
Sun Mar 04, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: New Zealand - Bucket list trip
Replies: 34
Views: 3751

Re: New Zealand - Bucket list trip

I went there and Australia in 2005. Sydney is great. I would not advocate for a cruise, especially if you're going to go back and do 2-3 weeks on your own time. You'll spend far too much time on the ship and get whiffs of places that you may or may not want to drive back to yet presumably would be p...
by ENT Doc
Sun Feb 18, 2018 10:34 pm
Forum: Personal Consumer Issues
Topic: Best place to buy contact lenses online
Replies: 7
Views: 951

Re: Best place to buy contact lenses online

Walmart was reasonable last I checked.
by ENT Doc
Sun Jan 21, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Discussing a 529 with your kids
Replies: 79
Views: 6274

Re: Discussing a 529 with your kids

I feel like how to deal with a 529 deserves its own section in one's IPS! I agree with the limits approach - setting per year limits and/or setting limits based on academic performance. Not sure how I feel about my child knowing our finances. Kids talk, kids make bad decisions, kids haven't necessar...
by ENT Doc
Fri Jan 19, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 65335

Re: What's your one big takeaway from the Crash of 2008?

Top down policies distort the market.
by ENT Doc
Thu Jan 18, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 6516

Re: To the doctors on the forum

The reason for your concern is not necessarily price transparency, but the separation of those providing care (doctor) and those assuming risk and controlling payment (insurance companies). The insurers have the prices. Ask them as others above have alluded to. They all have different negotiated rat...
by ENT Doc
Fri Jan 12, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth: Conversion or Rollover?
Replies: 15
Views: 1435

Re: Mega Backdoor Roth: Conversion or Rollover?

Could you just do a max % paycheck contribution to your after-tax bucket and then just roll that over immediately? Otherwise, while you're waiting to fill up the after tax space to the maximum, the earnings all are trapped in a pre-tax account of some sort rather than in a Roth. Is it better to wait...
by ENT Doc
Fri Jan 12, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth: Conversion or Rollover?
Replies: 15
Views: 1435

Re: Mega Backdoor Roth: Conversion or Rollover?

Different question, but are earnings on the after-tax contributions taxed as ordinary income? If so, what is the ideal strategy for maximizing the MBDR if the employer only allows one rollover a year?
by ENT Doc
Wed Jan 10, 2018 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: "CAGR" of extra mortgage payments
Replies: 7
Views: 1130

Re: "CAGR" of extra mortgage payments

Your cash flow timings must be off. Extra payment at time 0 is a negative cash flow while the positive cash flows occur in the periods between the reduced term and original term. Also, make sure you're using 4%/12 as your periodic rate since 4% is an APR.
by ENT Doc
Sun Jan 07, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Overpayment on W2. Please help.
Replies: 13
Views: 1414

Re: Overpayment on W2. Please help.

Thank you for the advice thus far. To be clear, my employer is the US Military, and I can assure you there is nothing nefarious going on. Never attribute to conspiracy that which can be explained by incompetence. And yes, it hasn't actually shown up on my 2017 W2, which will be released in 2 weeks. ...
by ENT Doc
Sun Jan 07, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Overpayment on W2. Please help.
Replies: 13
Views: 1414

Overpayment on W2. Please help.

My employer, for reasons not yet known, overpaid me by about $9,000 in Dec 2017. There is no possibility this is a bonus - it clearly represents an overpayment. More federal taxes were taken out than typical and a larger net amount was placed in my bank account. It is expected that this will all be ...
by ENT Doc
Fri Jan 05, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Hypothetical question: Will a man who lives forever own the world?
Replies: 23
Views: 2103

Re: Hypothetical question: Will a man who lives forever own the world?

No. First, not everything in the world is a publicly traded company. Second, it ignores the theoretical possibility of further share re-issuance. Third, companies rise and fall. New companies will come into existence whose shares will be bought at low %'s and will rise over time, only to be repeated...
by ENT Doc
Sat Dec 16, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 107
Views: 7561

Re: Financial Assistance to Adult Child (health insurance)

Why not explicitly state that you will help through the next enrollment period and then payments stop, with zero help for anything coming thereafter? Stopping the dental payments is a nice shot across the bow to let her know you're serious. She's not being an adult and needs some tough love.
by ENT Doc
Sat Dec 16, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: What 529 plan are you using?
Replies: 20
Views: 3926

Re: What 529 plan are you using?

This depends on your asset allocation and how you want things managed. If you're looking for a basic three fund portfolio and a self-directed glide path I found CA hard to beat on a recent search I did for my second child. Check them out - certainly more of a non-traditional recommendation (NY, UT, ...