Search found 61 matches

by reimann
Mon Apr 27, 2020 1:17 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17819

Re: Ponzi Scheme?

Hoping for an update
by reimann
Wed Apr 22, 2020 3:33 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75224

Re: Bogleheads community discussion - Coronavirus

The Coronavirus has 29,903 base pairs https://www.eurekalert.org/pub_releases/2020-02/uoc--ugb020720.php It can make 29 proteins https://cen.acs.org/biological-chemistry/infectious-disease/know-novel-coronaviruss-29-proteins/98/web/2020/04 That information is helpful. The virus is very simple compa...
by reimann
Wed Apr 22, 2020 11:12 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75224

Re: Bogleheads community discussion - Coronavirus

Earlier I asked how many virus particles you would need to be exposed to for the virus to take hold. The reply was that the more exposure the higher the likelihood. I understand that there are all kinds of defense mechanisms that keep foreign invaders out of your body. But if just one virus particl...
by reimann
Tue Apr 21, 2020 7:48 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75224

Re: Bogleheads community discussion - Coronavirus

I have a few simple questions that I hope someone can answer. 1) For those doctors/health care workers "in the trenches" in New York and other hot spots: Many of you or your peers have had Covid and recovered and are now working again. Is anyone getting Covid again (new infection) as documented by s...
by reimann
Sun Apr 19, 2020 11:11 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75224

Re: Bogleheads community discussion - Coronavirus

It will take months/years to know if Sweden's chosen course is better or worse than other countries. I don't think you can judge their approach adequately over a short time period.
by reimann
Thu Apr 16, 2020 5:48 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75224

Re: Bogleheads community discussion - Coronavirus

Some VERY preliminary data (more should be out soon) is suggesting Gilead Sciences Remdesivir is showing positive results (disclosure -- I don't own any of that stock unless it is in my index funds) https://www.statnews.com/2020/04/16/early-peek-at-data-on-gilead-coronavirus-drug-suggests-patients-a...
by reimann
Wed Apr 15, 2020 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Advice - Anesthesiologist threatening collections
Replies: 59
Views: 6018

Re: Advice - Anesthesiologist threatening collections

Lol as a doctor who performed a lot of scope procedures Medicare was paying me $199.

Reimann
by reimann
Tue Mar 31, 2020 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 541
Views: 45041

Re: College in fall

My daughter is finishing her Freshman year online after the virus struck. She goes to a Big Ten School. It's hard to imagine having regular classes in the fall. The virus will still be around, lurking, just waiting to be transported to over 30,000 college-age kids and teachers. Parties and close con...
by reimann
Sun Feb 02, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide what to do with my 30 year old NML whole life policies
Replies: 22
Views: 2425

Re: Help me decide what to do with my 30 year old NML whole life policies

Update:
Have not done anything with the policies. I continue to pay into them. Still getting a 5+% rate of return. Keeping them as "bond-equivalents" for now. Saving them for a rainy day, emergency, or big market sell off. Still open to other options.
by reimann
Tue Dec 17, 2019 8:29 pm
Forum: Personal Consumer Issues
Topic: Tour du Mont Blanc - Hiking Trek
Replies: 6
Views: 516

Re: Tour du Mont Blanc - Hiking Trek

We are going in September with a small group. We have hired a guide company who arranges everything. We are taking 6 days and staying in refuges. Our guide company has set it up and will transport our belongings to each night and make sure we have food etc. It has been easy dealing with them in Engl...
by reimann
Mon Dec 16, 2019 10:32 pm
Forum: Personal Investments
Topic: Roth IRA Conversion Dec. 2019 - quick question at Schwab
Replies: 18
Views: 1101

Re: Roth IRA Conversion Dec. 2019 - quick question at Schwab

I am planning a Roth conversion in 2020.
Does Schwab require you to sell investments and then do the conversion with cash or can you do the conversion directly with equities you hold in your tIRA?
Thanks if anyone knows.
by reimann
Thu Dec 12, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Tips on medical practice partnership buy-in?
Replies: 55
Views: 2825

Re: Tips on medical practice partnership buy-in?

Ha. I like it. In our area private practice is so bad you make MORE MONEY AS AN EMPLOYED PHYSICIAN than you do as a "partner" because the new physicians are so in demand that we have to offer a lot of money the first year. Medicare rates for my field have been level for 20 years while overhead, malp...
by reimann
Sat Nov 23, 2019 12:41 pm
Forum: Personal Investments
Topic: Where do you hold your solo 401k Roth?
Replies: 19
Views: 847

Re: Where do you hold your solo 401k Roth?

I have both accounts at Schwab. Easy to set up and full range of investment options.
by reimann
Tue Nov 19, 2019 8:13 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing
Replies: 14
Views: 1152

Re: Rebalancing

Yes what I meant to say is most of my equities is in S&P and international 80/20. My equity to bond ratio is 80/20. For example if I have total $100,000 in my portfolio, $64,000 in S&P $16,000 in international $20,000 in bonds Now suppose the S&P goes up 5%, for the sake of argument, the internation...
by reimann
Tue Nov 19, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing
Replies: 14
Views: 1152

Re: Rebalancing

For the sake or argument assume all your investments are in the S&P 500.
by reimann
Tue Nov 19, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing
Replies: 14
Views: 1152

Rebalancing

I know lots of folks rebalance their portfolios every year or quarter. WHEN to rebalance seems to based on TIME. I was wondering if anyone rebalances based on the CHANGE in an index. For example rebalance when the S&P gains or loses, say, 5% of it's value. Then after you rebalance, that level become...
by reimann
Mon May 27, 2019 3:50 pm
Forum: Investing - Theory, News & General
Topic: What kind of jobs do people who have SEP IRAs do?
Replies: 32
Views: 2795

Re: What kind of jobs do people who have SEP IRAs do?

Thanks, Lee_WSP. When I followed the link and went through the checklist on why you would need an EIN, my answer was "No" to all of the questions. Do anyone know if applying for and being issued an EIN then means I've incorporated and/or would obligate me to file some sort of corporate tax return i...
by reimann
Mon Apr 22, 2019 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 36971

Re: How did you feel about your 2018 tax returns?

My accountant did the taxes. Cost was $385.
My overall tax rate was 26% vs 30% 2018 on slightly lower income so I saved a lot. My SALT taxes are not very high so the standard deduction was quite helpful for me.
by reimann
Thu Jan 03, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant CU 3/2.5% Visa application process
Replies: 18
Views: 1562

Re: Alliant CU 3/2.5% Visa application process

I signed up a year ago without any problem.
Have had no issues since.

Happy with the CC
by reimann
Sun Dec 09, 2018 10:12 pm
Forum: Personal Investments
Topic: Solo 401k Advice
Replies: 17
Views: 903

Re: Solo 401k Advice

I opened a solo 401K at Schwab this year. Got an EIN first, and it took about 5 minutes or less on line. The name of my business is just myself.
Did the paperwork for schwab. The whole process was easy.
by reimann
Sat Dec 08, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Very Confused - Group 401K Profit Sharing Plan
Replies: 15
Views: 1058

Re: Very Confused - Group 401K Profit Sharing Plan

My physician practice used to have a plan like this until 10 years ago. All of the money was managed by an investment firm in Minneapolis. Every year each participant received a statement tell her what her account was worth, and the % increase as well as benchmarks. We were able to see what the inve...
by reimann
Sun Dec 02, 2018 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: solo 401k contribution
Replies: 4
Views: 258

Re: solo 401k contribution

That's what I do at Schwab in my solo 401K. I just move the money in from my checking account. I put about 80% or the amount I anticipate for 2018 but wait until my taxes are done to calculate the total and add the rest in at that time.
by reimann
Tue Nov 27, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 8147

Re: Employeer taking vacation days on public holidays - is this legal or normal?

Dottie57 wrote:
Tue Nov 27, 2018 3:30 pm
I have to say the idea of “commission” for a Doctor is frightening as a consumer of healthcare.
If I'm a good surgeon, and patients request that I do their surgery, I do more surgery. Therefore I make more money. It's not a "commission", it's getting paid for more work.
by reimann
Mon Nov 19, 2018 3:53 pm
Forum: Personal Investments
Topic: solo 401k worth it, if I can only put $3200 a year in it?
Replies: 18
Views: 1441

Re: solo 401k worth it, if I can only put $3200 a year in it?

I just opened a solo401K at schwab. Easy peasy.
by reimann
Sat Nov 17, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Need a sophisticated calculator for retirement. Help.
Replies: 7
Views: 1179

Need a sophisticated calculator for retirement. Help.

I am planning to retire in 1-2 years. I am looking for a retirement calculator that will allow multiple inputs to run various scenarios. For example I need X amount of dollars/year after taxes. I want to be able to adjust the following inputs: 401K withdrawals Roth IRA withdrawals Taxable account Co...
by reimann
Mon Nov 05, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Visa [credit card]
Replies: 20
Views: 2315

Re: Alliant Visa

If these Alliant cards earn "points," how easy or hard is it to redeem the points for cash? Can it be a statement credit? Can it be a deposit to an Alliant checking account? Can it be a deposit to a non-Alliant checking account? Can it be Visa gift cards? Is a point worth exactly one cent? Your per...
by reimann
Mon Nov 05, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Visa [credit card]
Replies: 20
Views: 2315

Re: Alliant Visa

I go the Alliant card last year and am very happy with it. No glitches. I didn't have to open an account and am not a member of a credit union but they joined me up for one for no fee (pure semantics). I use it for every purchase now.
by reimann
Thu Oct 25, 2018 2:23 pm
Forum: US Chapters
Topic: Who/what made the helpful culture of Bogleheads?
Replies: 29
Views: 2498

Re: Who/what made the helpful culture of Bogleheads?

Lady Geek and other mods without a doubt. Without them many threads would dissolve into politics.
by reimann
Thu Oct 25, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 187
Views: 18484

Re: Where would you go for financial guidance if you win the Megamillions?

After insisting over the years that my wife NOT buy lottery tickets (and she never has to my knowledge) she bought 5 entries to the Megamillion jackpot (total $10). Upon reviewing her numbers I see she won $36 for a net of $26. Now I'm afraid she'll buy more. LOl
by reimann
Sun Oct 21, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Dentist "Service Fee" for Filing Insurance Claim?
Replies: 33
Views: 3453

Re: Dentist "Service Fee" for Filing Insurance Claim?

Perhaps the insurance hasn't paid and he is charging for late payment, like most businesses do?
by reimann
Thu Oct 04, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 4541

Re: Black suit with dark brown shoes?

black shoes
by reimann
Tue Oct 02, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: Help with solo 401k vs. work 401k and contribution limits
Replies: 4
Views: 517

Re: Help with solo 401k vs. work 401k and contribution limits

My questions is, since through my employer, I already max out my 401k with profit sharing ($54,000 I believe), can I still donate to a solo 401k through my home business which is on the side? You can't contribute the $18.5K employEE deferral to your solo 401k because that contribution already went ...
by reimann
Mon Aug 27, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6573
Views: 553838

Re: U.S. stocks continue to soar!

I rebalanced today. Increased my bond holdings from 6% to 7.5%.
by reimann
Mon Jul 23, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Passing the second SSA Bend Point - Reversible?
Replies: 53
Views: 5768

Re: Passing the second SSA Bend Point - Reversible?

For the sake of argument, I believe it also depends on how much per/YEAR

For instance, if I earn 3 million dollars in one year and nothing for the next 34 years, are my benefits the same as if I earn 3 million dollars spread over that 35 years?
by reimann
Thu Jul 05, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 203
Views: 24764

Re: What I spent in 6 months on medicare

I am 59 and BCBS health care insurance with $500 deductible for my family of 5 is $33k/year. (self employed) No health problems. No meds.
by reimann
Sun Jul 01, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 5949

Re: Retiring in Michigan (Ann Arbor)

Another vote for Traverse City. I will be retiring near there in 2 years. The huge lake keeps the summer a little cooler and the winters a little warmer than you would otherwise expect based on it's latitude. Also occasional northern lights!
by reimann
Mon May 14, 2018 6:38 pm
Forum: Personal Investments
Topic: Did you go 100% Cash-FDIC in 529 at HS graduation or before?
Replies: 13
Views: 1422

Re: Did you go 100% Cash-FDIC in 529 at HS graduation or before?

My last child is finishing Junior year High School.
Have about $110K in her 529.
About 45% equities, 35% bonds, 20% cash
Will keep some in equities as she won't need some of the money until 5 years from now.
by reimann
Fri May 11, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Reccommended Minivans
Replies: 31
Views: 3143

Re: Reccommended Minivans

Just bought a new 2017 Dodge Grand Caravan (stripped down) for $20,800 list; out the door for $22200. No electric seats or doors. Wanted a cheap minivan and couldn't beat the price. I wasn't expecting much but have been pleasantly suprised. It drives well and has plenty of power (V6). Yes it is an o...
by reimann
Tue May 08, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant 3/2.5% card - any experience?
Replies: 55
Views: 10834

Re: Alliant 3/2.5% card - any experience?

I have had the card about 4 months. I didn't think the application was too bad.
Have had no problems with the card and I like it.
by reimann
Wed Apr 25, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy
Replies: 29
Views: 3737

Re: Whole Life Policy

Yes I know that Whole Life is a screw job. However there are some of us who bought it a long time ago and are stuck with policies 20-30 years old. Trying to decide what to do with these policies is difficult. Cash it out and pay taxes but give up 5% tax free growth (and give up the insurance benefit...
by reimann
Thu Apr 12, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide what to do with my 30 year old NML whole life policies
Replies: 22
Views: 2425

Help me decide what to do with my 30 year old NML whole life policies

I was sold two NML Whole Life Policies at a young age. I had no idea what I was buying. I was financially naive but have paid the premiums faithfully. The first was in 1985 when I was 26 years old at a face value of $100,000. The second was bought in 1991 with a value of $150,000. I am now 59 years ...
by reimann
Mon Apr 09, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 91332

Re: 2-year CDs at Vanguard and Fidelity Today

Thank you for this interesting discussion. I've learned a lot. I think I may purchase some CDs in addition to an intermediate bond fund for the fixed income part of my portfolio.

Reimann
by reimann
Thu Apr 05, 2018 4:12 pm
Forum: Personal Investments
Topic: SS Benefit Calculators?
Replies: 24
Views: 2665

Re: SS Benefit Calculators?

Excuse me.
What is RPM?
by reimann
Mon Feb 19, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 174
Views: 23405

Re: 30 yr tips auction 2/15: 1.0% yield?

This thread has been very interesting. I never considered TIPS and I'm not sure I will but I've learned a lot!
Thanks you guys!

Reimann
by reimann
Wed Feb 07, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Jogging in the cold.
Replies: 50
Views: 4839

Re: Jogging in the cold.

Recommend screw shoes for winter running. Works great and is really cheap!

https://www.youtube.com/watch?v=7637m8hXuW0
by reimann
Wed Feb 07, 2018 7:16 am
Forum: Personal Consumer Issues
Topic: Jogging in the cold.
Replies: 50
Views: 4839

Re: Jogging in the cold.

There is no lower limit. Run at OF all the time (and snowbike too BTW but that's a separate issue) The actual problem is the tendency to OVERdress, sweat, then get chilly. You want to start out a little cold and warm up. One thing I've found is a buff/neck warmer that I pull up over the sides of my ...
by reimann
Thu Feb 01, 2018 2:49 pm
Forum: Personal Investments
Topic: Total Bond Market
Replies: 26
Views: 3981

Re: Total Bond Market

Please explain the rational to buy TLH if bonds continue to fall. Is it because the short term bonds (say 5 year) go down less than the longer term bonds? And if bond prices go up, the longer maturities will rise more than the lower maturities?

Is that betting or is it being smart?
by reimann
Tue Jan 30, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union Signature VISA
Replies: 29
Views: 5093

Re: Alliant Credit Union Signature VISA

Any update on Alliant Visa Signature cards? I charge about $4-5,000/month. The initial 3% back sounds good with 2.5% after that.
by reimann
Sun Jan 28, 2018 11:24 am
Forum: Personal Investments
Topic: Have Enough, Should I now time market?
Replies: 31
Views: 4984

Re: Have Enough, Should I now time market?

I think there is a lot of folks in your (our) shoes with the recent runup in equities. I'm 59 and am thinking of retiring soon. My accounts have grown beyond my wildest dreams and I've achieved enough money to retire which I thought would take me until age 64-65. Part of my luck has been I've been a...
by reimann
Fri Jan 26, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: Chevrolet Suburban - 1500 or 2500?
Replies: 26
Views: 5229

Re: Chevrolet Suburban - 1500 or 2500?

I have a 2006 1500 standard suburban. Nothing fancy. I have 220,000 miles on it. Love the car but gonna ditch it soon. Never had a problem with the transmission. The engine doesn't use oil. I tend not to fix things unless I have to. The check engine light has been on for 6 years. I put a piece of du...