Search found 419 matches

by eye.surgeon
Tue Oct 08, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7107

Re: Should I sell or keep my 5 year old depreciated Tesla

At the risk of derailing my own thread and turning into yet another hate/love Tesla thread, the track performance of this car makes no difference to me. This is a daily driver discussion.
by eye.surgeon
Tue Oct 08, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7107

Re: Should I sell or keep my 5 year old depreciated Tesla

Thanks for all the feedback everyone. I'm just going to keep it. My change in philosophy isn't about appearances it's about spending less on personal transportation, and to that end I would agree after some consideration that a new Accord or equivalent wouldn't save me anything at this point and wou...
by eye.surgeon
Mon Oct 07, 2019 11:07 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7107

Should I sell or keep my 5 year old depreciated Tesla

I have a 2014 Tesla Model S85 (with autopilot) with 40k miles which I bought new. bumper to bumper warranty expired a year ago, drivetrain warranty is good for another 3 years. It's been very reliable with low service costs and obviously no fuel costs, just electricity which is minimal. I do enjoy d...
by eye.surgeon
Sun Oct 06, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: I don’t understand the valuation of some companies – what am I missing?
Replies: 31
Views: 2850

Re: I don’t understand the valuation of some companies – what am I missing?

Since I own the whole market the valuation of any one particular stock doesn’t trouble me too much.
by eye.surgeon
Fri Oct 04, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Hospital wants me to prepay for procedure. Normal?
Replies: 67
Views: 18990

Re: Hospital wants me to prepay for procedure. Normal?

Ever tried to repossess a surgery? You pay up front for the portion you are anticipated to be responsible for.
by eye.surgeon
Sat Sep 28, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Convince me not to raid my Roth to buy first condo
Replies: 46
Views: 3134

Re: Convince me not to raid my Roth to buy first condo

a Roth IRA allows $10k to be withdrawn penalty free as a down payment on your first home. IMO it's a perfectly reasonable use of that money. It is in fact one reason why I have helped fund my children's Roth IRA. I wouldn't recommend any other premature use of Roth funds but I think people need to ...
by eye.surgeon
Fri Sep 27, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Convince me not to raid my Roth to buy first condo
Replies: 46
Views: 3134

Re: Convince me not to raid my Roth to buy first condo

a Roth IRA allows $10k to be withdrawn penalty free as a down payment on your first home. IMO it's a perfectly reasonable use of that money. It is in fact one reason why I have helped fund my children's Roth IRA. I wouldn't recommend any other premature use of Roth funds but I think people need to r...
by eye.surgeon
Tue Sep 17, 2019 11:05 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 73
Views: 5992

Re: Alternatives to Subaru Outback?

Don't allow emotions to make a big financial decision like a vehicle. Whatever hurt your feelings at Subaru, ask yourself if you're using your head, or emotions, to walk away from the vehicle you actually want. The outback is a highly rated reliable and affordable vehicle and frankly there is nothin...
by eye.surgeon
Wed Sep 04, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 235
Views: 25029

Re: The Big Short’s Michael Burry Explains Why Index Funds Are Like Subprime CDOs

Imagine that, a fund manager that doesn't like index funds.
by eye.surgeon
Thu Aug 29, 2019 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3235

Re: Side Hustle

Taking call for pay at several regional hospitals as a specialist physician pays me about $17k/week, and I do it about 7 weeks a year. It's very long hours and sleepless nights as I have to do it along with my regular work schedule but it's serious side hustle money.
by eye.surgeon
Mon Aug 05, 2019 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Medicare vs Eye Docs
Replies: 34
Views: 2991

Re: Medicare vs Eye Docs

I'm an ophthalmologist. BH does frown on dispensing medical advise here, FYI. I will say simply that an optometrist is qualified to fit you for glasses or contact lenses. For medical or surgical eye issues, including blepharoplasty surgery for droopy lids, see an ophthalmologist. An optometrist is n...
by eye.surgeon
Mon Aug 05, 2019 12:35 am
Forum: Personal Finance (Not Investing)
Topic: secured credit card
Replies: 13
Views: 816

Re: secured credit card

Agree that adding your kids to your own CC account is a good approach. My older kids are all authorized users on my main CC, they have their own card and it counts on their credit score.
by eye.surgeon
Sun Jun 16, 2019 7:24 pm
Forum: Personal Consumer Issues
Topic: Keep car and pay for maintence or get new car
Replies: 22
Views: 1190

Re: Keep car and pay for maintence or get new car

It’s a belt - I checked It’s 105,000 or 7 years - time or distance for the 2012 TL. Since the engine is dependent upon this, I am reluctant to push it too far The next question when you have a "belt" is whether the engine is harmed or not if the belt fails. It is an interference engine...which mean...
by eye.surgeon
Thu May 23, 2019 12:48 am
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 7210

Re: Is Tesla Going To Survive?

I've had my Model S 4.5 years but I can't really speak to how service has been since it really hasn't needed any. As an owner I don't really care if Tesla makes it as an independent or gets bought out by one of the Bigs. Still drives down the road the same . But there will always be Tesla in some fo...
by eye.surgeon
Sun Apr 21, 2019 9:08 pm
Forum: Personal Investments
Topic: Tapping into Roth to buy a house
Replies: 21
Views: 1653

Re: Tapping into Roth to buy a house

From a tax law standpoint, can you not withdraw $10k from a Roth penalty-free to buy your first house?
by eye.surgeon
Thu Mar 07, 2019 9:47 pm
Forum: Personal Consumer Issues
Topic: Diminished value claim advice
Replies: 41
Views: 2388

Re: Diminished value claim advice

I successfully settled a diminished value claim after I was rear ended in my Tesla at a red light. I paid a professional $300 to write the report, submitted it to the insurance, they pretended it wasn't a real thing, then low balled me an offer, then raised the offer a couple times and I settled for...
by eye.surgeon
Tue Mar 05, 2019 1:08 am
Forum: Personal Investments
Topic: young-ish physician windfall
Replies: 37
Views: 8118

Re: young-ish physician windfall

Question: Did your practice sell to a venture capital group? I've been pitched several VC buyouts for my practice and spoken with others who have done it. Some have positive experiences, others find that big up-front money has lots of strings attached, like working for the new ownership at a reduced...
by eye.surgeon
Mon Mar 04, 2019 12:50 am
Forum: Personal Finance (Not Investing)
Topic: Tell The Truth to Boss Why I'm Leaving? (More Money)
Replies: 78
Views: 8720

Re: Tell The Truth to Boss Why I'm Leaving? (More Money)

You think your boss doesn't know it's about money? He/she knows. Because it's almost always about money.
by eye.surgeon
Sun Mar 03, 2019 1:05 am
Forum: Investing - Theory, News & General
Topic: What's next when the INDEX bubble bursts?
Replies: 9
Views: 1999

Re: What's next when the INDEX bubble bursts?

Am I missing something? Vanguard doesn't own the stocks in it's index funds. Millions of investors do.
by eye.surgeon
Tue Feb 26, 2019 1:10 pm
Forum: Personal Consumer Issues
Topic: Is Hyundai the value sweet spot?
Replies: 139
Views: 13970

Re: Is Hyundai the value sweet spot?

Hyundai, and Kia in particular, have terrible resale value. Total cost of ownership can be equal to or more than an equivalent Toyota or Honda with that factored in. I suspect this will change over the next decade as their quality gains more recognition, but right now a used Kia is pretty much worth...
by eye.surgeon
Thu Feb 07, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: Is General Practitioner [billing Medicare correctly?]
Replies: 88
Views: 3921

Re: Is General Practitioner [billing Medicare correctly?]

If your doctor documents "wellness exam" with no medical issues addressed, your visit will be denied by medicare, you get the bill, and you place an angry call to his billing office complaining that the doctor ripped you off and you refuse to pay the bill. If the doctor (correctly) documents your me...
by eye.surgeon
Thu Jan 31, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1125
Views: 167550

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

This post makes me sad as a lifelong Honda lover. It also makes me glad I switched to an EV. They aren't for everyone yet, and my wife still has a conventional car for trips, but after 4+ years of no filling up, oil changes, or dealership visits, you'd have to force me to go back at gunpoint.
by eye.surgeon
Mon Jan 28, 2019 10:02 pm
Forum: Personal Investments
Topic: Helping Kids with Home Purchase
Replies: 77
Views: 6348

Re: Helping Kids with Home Purchase

17 years ago my parents gave me a $30k gift for a home down-payment. I'm still living in that same home and am still profoundly grateful for allowing my family fresh out of residency to buy instead of rent. I already have down payments for my two kids to use for their first home, they are responsibl...
by eye.surgeon
Sat Jan 19, 2019 3:28 pm
Forum: Personal Consumer Issues
Topic: Looking to buy 2004 BMW - with steptronic
Replies: 6
Views: 600

Re: Looking to buy 2004 BMW - with steptronic

It's an unremarkable torque converter automatic transmission commonly known as a slushbox automatic. It's nothing special or different other than it's expensive to fix because it's a BMW. Kinda sounds like you're confusing BMWs steptronic transmission with their SMG transmission, which is as you sta...
by eye.surgeon
Thu Jan 17, 2019 12:13 pm
Forum: Personal Consumer Issues
Topic: Anyone with experience with Carmax?
Replies: 74
Views: 24946

Re: Anyone with experience with Carmax?

I've taken 3 cars there for offers over the years, two were too low to bother and one I sold for a lowish but fair offer.
by eye.surgeon
Sat Jan 05, 2019 11:18 pm
Forum: Personal Consumer Issues
Topic: Best way to move on from pricy car?
Replies: 35
Views: 2506

Re: Best way to move on from pricy car?

This car has exceptionally high residual value on the used market. If you want out, get out.
by eye.surgeon
Sat Dec 29, 2018 12:43 pm
Forum: Personal Investments
Topic: Best place to park funds needed in one year
Replies: 13
Views: 1385

Re: Best place to park funds needed in one year

Keep in mind that interest is regular income. If you are in the highest tax bracket and/or in a high tax state you may want to park it in a tax exempt money market fund, my short term cash is parked in vaguards tax exempt california money market fund. Earns less, but I keep more.
by eye.surgeon
Sat Dec 29, 2018 2:38 am
Forum: Personal Consumer Issues
Topic: Corvette vs Cayman/Boxster......anyone owned both?
Replies: 57
Views: 4966

Re: Corvette vs Cayman/Boxster......anyone owned both?

Many here have owned or currently own one or the other. Corvette best bang for buck and lowest cost of ownership. Porsche more badge appeal and about equally cliche IMO. Consider a new MX5...now has more power and can be had new for same price as used Vette or Porsche, and many gearheads would argue...
by eye.surgeon
Thu Dec 27, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 10106

Re: What common everyday inconvenience have you intentionally suffered for frugality?

You'd feel right at home over at MMM if changing your remote battery seems a bit spendy. ??? https://www.google.com/search?rlz=1CAACAZ_enUS719US719&tbm=fin&ei=yz8lXOeRH6mf_QbtvqiIAg&q=mmm&oq=mmm&gs_l=finance-immersive.3..81l3.9663.10054.0.10588.5.5.0.0.0.0.125.286.2j1.3.0....0...1c.1.64.finance-imm...
by eye.surgeon
Wed Dec 26, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 10106

Re: What common everyday inconvenience have you intentionally suffered for frugality?

You'd feel right at home over at MMM if changing your remote battery seems a bit spendy.
by eye.surgeon
Sat Dec 22, 2018 8:18 pm
Forum: Personal Investments
Topic: Boeing-time to buy?
Replies: 58
Views: 8084

Re: Boeing-time to buy?

I have been eyeing Boeing for some time. As of December 21 it was down to $304 per share, near its 52 week low of $294 per share, with the 52 week high being $394 per share. It's current dividend yield is about 2.6%. Morning star rates it 3 stars and a hold, while CFRA rates it a buy. It seems like...
by eye.surgeon
Thu Dec 20, 2018 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: "Diminished Value" of vehicle from accident
Replies: 8
Views: 696

Re: "Diminished Value" of vehicle from accident

I just settled a diminished value claim on my Tesla that was rear-ended by an inattentive driver. I paid an expert $300 and he prepared a detailed DV report with a how-to on submitting it to the insurance company of the at-fault driver. Their first response: there's no such thing as diminished value...
by eye.surgeon
Thu Dec 20, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Stop extra mortgage payment and put into taxable account?
Replies: 29
Views: 2599

Re: Stop extra mortgage payment and put into taxable account?

Financially probably better off investing that extra payment although it's unknowable. Psychologically, being mortgage-free has a significant non-financial reward. I'm still making extra mortgage payments.
by eye.surgeon
Sat Dec 15, 2018 2:46 am
Forum: Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 153
Views: 20272

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: 2399

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: 9728

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: 9728

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: 9728

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: 2518

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: 2129

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: 1303

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: Personal Investments
Topic: 80 year old wants to invest $100k to get ~$10k annually. Options?
Replies: 22
Views: 4081

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: 122
Views: 19100

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: 8823

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: 3599

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: 4448

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: 786

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: 1385

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 ...