Search found 385 matches

by eye.surgeon
Sat Dec 15, 2018 2:46 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 30
Views: 2759

Re: I made a mistake by not selling when the market was high this year

The mistake is selling when it's low, not holding when it's high. You haven't lost a dime.
by eye.surgeon
Mon Dec 03, 2018 11:02 pm
Forum: Personal Consumer Issues
Topic: Car Negotiation on MSRP?
Replies: 26
Views: 2219

Re: Car Negotiation on MSRP?

Use truecar to see average sales price for your specific car in your area. Visit the forums specific for your car, there will be a sticky thread on prices with people reporting what they are paying for your specific car. Without knowing what car you are talking about you won't get any useful feedbac...
by eye.surgeon
Fri Nov 23, 2018 12:31 am
Forum: Personal Consumer Issues
Topic: Networth to buy a dual turboprop aircraft?
Replies: 72
Views: 9155

Re: Networth to buy a dual turboprop aircraft?

see above edited response.
by eye.surgeon
Fri Nov 23, 2018 12:28 am
Forum: Personal Consumer Issues
Topic: Networth to buy a dual turboprop aircraft?
Replies: 72
Views: 9155

Re: Networth to buy a dual turboprop aircraft?

Considering a 10 year old King Air will cost you $4 million just to buy, then you have to hangar it, maintain it, insure it, fuel it...personally I would want an 8 figure net worth to even consider it. A twin engine turboprop is a whole order of magnitude more expensive to own and operate than a 18...
by eye.surgeon
Fri Nov 23, 2018 12:21 am
Forum: Personal Consumer Issues
Topic: Networth to buy a dual turboprop aircraft?
Replies: 72
Views: 9155

Re: Networth to buy a dual turboprop aircraft?

Considering a 10 year old King Air will cost you $4 million just to buy, then you have to hangar it, maintain it, insure it, fuel it...personally I would want an 8 figure net worth to even consider it. A twin engine turboprop is a whole order of magnitude more expensive to own and operate than a 182...
by eye.surgeon
Fri Nov 16, 2018 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Employment for a disabled son
Replies: 29
Views: 2350

Re: Employment for a disabled son

In a similar situation with a 17 yr old autistic son and two older unaffected siblings who are high achievers. One of the challenges of employment for these kids on disability is their earnings will count against their SSI and Medi-Cal eligibility to some degree. The earnings have to be quite minima...
by eye.surgeon
Mon Nov 12, 2018 2:03 am
Forum: Personal Consumer Issues
Topic: Trying to move out.
Replies: 25
Views: 2007

Re: Trying to move out.

Make important life decisions based on what is best for you, not your dog, and then find a compassionate way to either incorporate your pet into that decision or find it a loving home with someone else.
by eye.surgeon
Sun Nov 11, 2018 11:07 pm
Forum: Personal Consumer Issues
Topic: Prepaying for Rental Car - Availability Guaranteed?
Replies: 21
Views: 1191

Re: Prepaying for Rental Car - Availability Guaranteed?

It will have no bearing on the availability of a car. If there is no discount don't prepay. I've never in 30 yrs of renting cars been denied a vehicle of some sort when I have a reservation. What vehicle I get often has little resemblance to what I actually reserved.
by eye.surgeon
Mon Nov 05, 2018 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: 80 year old wants to invest $100k to get ~$10k annually. Options?
Replies: 22
Views: 3915

Re: 80 year old wants to invest $100k to get ~$10k annually. Options?

Have her contact me with more info when she finds that no-risk 10% annual return investment.
by eye.surgeon
Mon Nov 05, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12899

Re: Are we in trouble?

If comparisons and perspective is helpful to you, I make almost twice as much as you and your spouse combined and my house is worth half what you're building. I live in California. You have a very healthy income, you'll make it work, it's just going to take you longer to hit that number. Whether tha...
by eye.surgeon
Sun Nov 04, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching kids there is an ample amount of money
Replies: 108
Views: 8070

Re: Teaching kids there is an ample amount of money

It's more important to teach your kids the value of money, rather than teaching them how much or little money you have.
by eye.surgeon
Sun Nov 04, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: Please help me with my car decision
Replies: 42
Views: 3456

Re: Please help me with my car decision

First world problems, humblebrag edition. For a 3-7 mile commute, I’d sell the Porsche and get a bicycle, and teach my kids by example about fitness and saving the planet. Then get a Subaru or something for winter. Or just take an Uber when it snows. I think we all knew this was coming :sharebeer ....
by eye.surgeon
Fri Nov 02, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4086

Re: Thoughts on the New Macbook Air?

Contrarian opinion: the best apple notebook for most people right now is the old macbook air. $999. And more than powerful enough for most people. Apple likes to hype the superiority of the new screens and touts the new specs as being meaninful for everyone but in reality it's only power users that ...
by eye.surgeon
Fri Nov 02, 2018 12:30 am
Forum: Personal Finance (Not Investing)
Topic: final January estimated quarterly tax payment- can it be paid in April with return?
Replies: 7
Views: 740

final January estimated quarterly tax payment- can it be paid in April with return?

I've made my first 3 estimated tax payments for 2018. I have a big sec 179 tax deduction which I am sure will make my final January estimated payment unnecessary. Can I skip it? I read somewhere here that there is no penalty for missing the January estimated federal payment if you pay due taxes in f...
by eye.surgeon
Fri Nov 02, 2018 12:09 am
Forum: Personal Consumer Issues
Topic: Where to stay to visit Yosemite
Replies: 12
Views: 1238

Re: Where to stay to visit Yosemite

I live in Clovis, the gateway to Yosemite. None of the places I would recommend would fit your budget to be honest (and having a dog will probably eliminate most of them) but all the hotels in the park have their unique charm with the marque property being the Majestic Yosemite hotel, called by all ...
by eye.surgeon
Wed Oct 31, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 53
Views: 4020

Re: When do YOU pull the trigger for TLH?

How much is 10 minutes of your time worth? I've TLH'ed $300. Why not. I've worked a lot harder for 10 minutes for a lot less.
by eye.surgeon
Thu Oct 25, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: high yield savings account for windfall
Replies: 17
Views: 1663

Re: high yield savings account for windfall

VUSXX - Vanguard US Treasury Money Market is pretty darn good place to park it from an ease of buying, return and safety perspective, and it saves on State Income taxes. I am in the in NJ with an 6.37% tax rate and this beats almost all money markets out there. no muss, no fuss. My household used i...
by eye.surgeon
Sun Oct 14, 2018 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buy car cash or take low rate loan
Replies: 33
Views: 1923

Re: Buy car cash or take low rate loan

Just a heads up if you post here that you are buying anything more expensive than a mule pulling a covered wagon you will get at least one response telling you how indulgent you are being and that an uncovered wagon would meet your needs just fine. As for paying cash or financing, I'd pay cash. if i...
by eye.surgeon
Wed Oct 10, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: Route-66 trip recommendations
Replies: 39
Views: 2304

Re: Route-66 trip recommendations

A popular notion for foreigners who don't realize that route 66 isn't a scenic drive at all. There are lots of beautiful drives in the US--hwy 1, the sierra passes, death valley, tail of the dragon come to mind. Route 66 is not one of them.
by eye.surgeon
Mon Oct 08, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 99
Views: 10520

Re: Debunking Bonds in Taxable

The boglehead wiki here makes the following case for bonds in taxable: The advantages for holding bonds in a taxable account include: 1. Bonds have a lower expected return than stocks, and hence sometimes a lower tax cost. 2. Switching placement when necessary does not incur a large capital gains ta...
by eye.surgeon
Wed Oct 03, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: Barron's Making the Case for Gold
Replies: 153
Views: 12499

Re: Barron's Making the Case for Gold

There's always a case for gold. In fact, it should form the core of everyone's portfolio as a form of universal money -- just in case. 10% or so core holding in gold should be at the heart of any investor's assets. Most here would disagree with this including myself. Try filling your car up with ga...
by eye.surgeon
Sun Sep 30, 2018 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6850

Re: Do Bonds Go in Taxable?

Good article from forum member whitecoatinvestor... https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ Summary is bonds in taxable may be the right choice for many here.. yes that article is 4 years old and only deals with taxable vs rIRA. Maybe you'd prefer our own wiki... https...
by eye.surgeon
Sun Sep 30, 2018 2:03 am
Forum: Investing - Theory, News & General
Topic: CAPE-Based Robert Shiller Bought Italy and Spain Indexes in 2015
Replies: 62
Views: 2646

Re: CAPE-Based Robert Shiller Bought Italy and Spain Indexes in 2015

Interesting food for thought for those who view CAPE as a crystal ball.

Also, I'm calling the next correction for tomorrow. If it happens in the next 3 yrs, like Shiller, I will have called it.
by eye.surgeon
Sat Sep 29, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6850

Re: Do Bonds Go in Taxable?

Good article from forum member whitecoatinvestor...

https://www.whitecoatinvestor.com/asset ... n-taxable/

Summary is bonds in taxable may be the right choice for many here..
by eye.surgeon
Sat Sep 29, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 15061

Re: Should we stay in Crazytown because there's no where to run?

U.S. stocks are nuts. Shiller CAPE now stands at 33.36 and the only time in history it was higher was Feb, 1998 to Mar 2001 which would have been a wild ride. If you had gotten out of stocks in Feb 1998 you could have stayed out for 12 years and gotten back in at the price you sold, meanwhile makin...
by eye.surgeon
Wed Sep 26, 2018 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Section 179 vehicle purchase vs a new lease
Replies: 3
Views: 424

Section 179 vehicle purchase vs a new lease

Seeking opinions from people familiar with 179 vehicle purchases. I have a work vehicle at the end of a 3 yr lease that qualifies for a section 179 tax credit of $16k federal/$3k state per my accountant if I buy it. Wondering if I can buy it and take the tax credits for 2018, sell it in 2019, and ag...
by eye.surgeon
Tue Sep 25, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Estimated Federal Income Tax Payment
Replies: 7
Views: 826

Re: Estimated Federal Income Tax Payment

Our previous CPA advised us to mail the estimates instead of paying online. Just print out the estimated tax payment vouchers, fill it out and include your check. Send it certified mail to the appropriate address for your state. I think your previous CPA needs to join the 21st century. I've been pa...
by eye.surgeon
Mon Sep 24, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Is HELOC interest deductible in 2018?
Replies: 9
Views: 973

Re: Is HELOC interest deductible in 2018?

I wonder what affect this is having on new HELOCs. I assume people will be much less interested in them now that they aren't interest-free piggy banks.
by eye.surgeon
Sat Sep 22, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: Has anyone gone to a Retirement Wealth Academy seminar?
Replies: 17
Views: 1951

Re: Has anyone gone to a Retirement Wealth Academy seminar?

They're not selling anything because those whole life insurance vehicles sell themselves. Buy your own lunch, save yourself the headache.
by eye.surgeon
Tue Sep 18, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Tesla Refund
Replies: 19
Views: 2437

Re: Tesla Refund

DanMahowny wrote:
Tue Sep 18, 2018 11:15 am
OP- this is a common problem. Spend some time on Tesla forums, twitter and you'll see lots more. It gets far worse.

I hope you get your deposit back before Tesla enters bankruptcy protection.
That hasn't been my observation as an owner for 4 years and a Tesla forum regular.
by eye.surgeon
Tue Sep 18, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Tesla Refund
Replies: 19
Views: 2437

Re: Tesla Refund

Sounds like as much a Paypal problem as a Tesla problem.
by eye.surgeon
Mon Sep 17, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: unused $100k line of credit-- keep or close
Replies: 2
Views: 359

unused $100k line of credit-- keep or close

I have a $100k unsecured line of credit with a 6.5% interest rate that I haven't used in 5 years. It costs $50/yr to maintain. I have a HELOC for $200k, that again is unused, at a lower rate, if I should need it, along with low 6 figures in a taxable account that I could pull out in an emergency, as...
by eye.surgeon
Wed Sep 12, 2018 11:53 pm
Forum: Personal Consumer Issues
Topic: 2005 honda accord door problems
Replies: 30
Views: 1088

Re: 2005 honda accord door problems

Try posting in a honda accord forum and not a financial forum, your yield will be higher.
by eye.surgeon
Tue Sep 11, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
Replies: 53
Views: 4831

Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars

I wouldn't be sad to see Vanguard's market share stagnate or even decrease, and I'm not so sure they'd be sad either. Growth has been painful and if you listen to JB he often implies the company has gotten too big.
by eye.surgeon
Tue Sep 11, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 75
Views: 10755

Re: Tesla Model 3 Owners: Your experience so far

For perspective on long-term reliability, I've had my Model S (not 3) for 3.75 years. it's been very reliable. I have never personally been to a service center. As far as price, it's cost of ownership not price that is the issue. Surprised how many otherwise financially savvy people focus on purcha...
by eye.surgeon
Tue Sep 11, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 75
Views: 10755

Re: Tesla Model 3 Owners: Your experience so far

For perspective on long-term reliability, I've had my Model S (not 3) for 3.75 years. it's been very reliable. I have never personally been to a service center. Gas savings alone are double my insurance and registration costs annually.
by eye.surgeon
Mon Sep 10, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12565

Re: Excessive Emergency Room Charges - Options?

And don't go to the ER unless it's an actual emergency. If you walked out at the end of the ER visit without hospitalization or surgery it probably could have been managed in a doctors office. Speaking as a doctor who covers half a dozen ERs. Since you're an ophthalmologist, can you tell me what I ...
by eye.surgeon
Sat Sep 08, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12565

Re: Excessive Emergency Room Charges - Options?

You don't eat a loaf of bread and then negotiate the price. Pay the bill. And don't go to the ER unless it's an actual emergency. If you walked out at the end of the ER visit without hospitalization or surgery it probably could have been managed in a doctors office. Speaking as a doctor who covers ...
by eye.surgeon
Sat Sep 08, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12565

Re: Excessive Emergency Room Charges - Options?

You don't eat a loaf of bread and then negotiate the price. Pay the bill. And don't go to the ER unless it's an actual emergency. If you walked out at the end of the ER visit without hospitalization or surgery it probably could have been managed in a doctors office. Speaking as a doctor who covers h...
by eye.surgeon
Sun Sep 02, 2018 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5269

Re: Cost of car ownership: 6.5 years of data in the SF bay area

interesting data.

My daughter has this same car/same year, I bought it for her new in high school and it's been extremely reliable and cheap to own. She plans to drive it into the ground.
by eye.surgeon
Sun Sep 02, 2018 12:40 am
Forum: Personal Consumer Issues
Topic: Tesla Refund
Replies: 19
Views: 2437

Re: Tesla Refund

Cancelled my Model 3 reservation in 60 seconds online and received my refund in a couple days. Still very happy with my Model S.
by eye.surgeon
Sun Aug 26, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Does it make sense to take some cash out now
Replies: 8
Views: 1227

Re: Does it make sense to take some cash out now

The market is once again at its peak. While I do not haver an immediate need for cash, does it make sense to take out a small amount of cash every once in a while. I do have money for 6 month expense already set aside. Thanks for your guidance in advance. Thanks for the heads up that the market is ...
by eye.surgeon
Fri Aug 24, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: CC 31 days overdue
Replies: 22
Views: 2154

Re: CC 31 days overdue

Agree that autopay is the safety net for stuff like that.
by eye.surgeon
Wed Aug 22, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: To buy or hold for housing crash in Bay Area CA
Replies: 27
Views: 3178

Re: To buy or hold for housing crash in Bay Area CA

You have about as much chance of timing the real estate market as you do the stock market. If you want a house, buy one. Don't try and guess the unknowable.
by eye.surgeon
Tue Aug 21, 2018 11:43 pm
Forum: Personal Consumer Issues
Topic: Landlord Nightmare
Replies: 90
Views: 9739

Re: Landlord Nightmare

All I'm going to say is my REIT never posts negative reviews on my facebook page.
by eye.surgeon
Tue Aug 21, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 247
Views: 17010

Re: Good Non-Boring Boglehead Cars Under $30k

VW GTI. Has a 6 year warranty now too.
by eye.surgeon
Sun Aug 19, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6756

Re: PCP Wants Full Charge Up Front [Primary Care Physician]

We have our health insurance through one of the large national outfits, and our plan specifies a co-pay for office visits at the PCP of $20.00. Recently, the PCP announce that effective at a date shortly in the future, they will require $120.00 up front, which will be reimbursed as warranted, presu...