Search found 367 matches

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: 1846

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: 2017

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: 45
Views: 3960

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: 127
Views: 9199

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: 70
Views: 6085

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: 2590

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: 70
Views: 6085

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: 14828

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: 408

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: 808

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: 957

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: 1777

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: 2411

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: 2411

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: 354

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: 1046

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: 4735

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: 55
Views: 7772

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: 55
Views: 7772

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: 12394

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: 12394

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: 12394

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: 5156

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: 2411

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: 1214

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: 2135

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: 3060

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: 9639

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: 215
Views: 12452

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: 6652

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...
by eye.surgeon
Fri Aug 17, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: ICE or a hybrid car
Replies: 31
Views: 2053

Re: ICE or a hybrid car

I've been driving a Tesla for 4 years but EVs aren't taking over any time soon. Get an ICE unless you WANT an EV.
by eye.surgeon
Thu Aug 16, 2018 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Seattle- mandatory affordable housing units affect single family home values?
Replies: 47
Views: 3523

Re: Seattle- mandatory affordable housing units affect single family home values?

A low income housing development was built directly adjacent to my main 4 story office building. It's a major headache. Cars in our parking lot get routinely broken into. Drug dealing is done in the open. The police visit daily. Our dumpsters get picked over regularly. The residents take no care for...
by eye.surgeon
Wed Aug 08, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21689

Re: "Don't Obsess About Expense Ratios"

I like how Bogleheads philosophy has been "all things equal, keep your expense ratios as low as possible because that's the only thing you can control and best predictor of success, it's just math!" This is an appealing theory, but what you'll actually find are people saying "all other things are n...
by eye.surgeon
Mon Aug 06, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: Growth Funds
Replies: 5
Views: 426

Re: Growth Funds

You need an overall investment strategy with an asset allocation that fits your age and risk tolerance. This can be done with as little as 1 fund, or more typically here 3 funds. Tilting towards growth funds should be done once that is established, if at all. It's certainly not a requirement for a b...
by eye.surgeon
Fri Jul 20, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: BH- Need advise for 45 year old
Replies: 22
Views: 2056

Re: BH- Need advise for 45 year old

As a fellow California resident, I'm surprised someone like yourself who can work from home anywhere would choose to live here. The financial penalties are significant, both in taxes and housing. We're talking years of extra work for the privilege.
by eye.surgeon
Fri Jul 20, 2018 12:35 am
Forum: Personal Consumer Issues
Topic: [A Splendid Exchange, by William Bernstein - on sale for Kindle]
Replies: 19
Views: 2106

Re: [A Splendid Exchange, by William Bernstein - on sale for Kindle]

It's an excellent book. We're fortunate to have Dr. Bernstein contribute here.
by eye.surgeon
Wed Jul 18, 2018 12:34 am
Forum: Investing - Help with Personal Investments
Topic: What to put in a relatively insignificant Roth IRA
Replies: 5
Views: 629

Re: What to put in a relatively insignificant Roth IRA

I use my backdoor Roth IRA funds to hold small cap value...that way I can say I tilt. It's a comparatively small component of my retirement savings.
by eye.surgeon
Tue Jul 10, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 140
Views: 27083

Re: Is it time to dump high yield savings for prime money market?

I just moved cash out of my GS 1.6% savings into Vanguards California muni tax exempt MM fund, being in the highest tax bracket the rates are finally competitive with online savings accounts. I considered CA MM but the SEC yield is only 1+% which is pathetic... so I have it in Prime MM for now. I d...
by eye.surgeon
Mon Jul 02, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Need Your Feedback on 100% VTSAX
Replies: 39
Views: 4164

Re: Need Your Feedback on 100% VTSAX

A reasonable asset allocation at your age and planned retirement age would be from 90/10 to 50/50, (stock/bond) depending on your risk tolerance. You certainly wouldn't be alone here at 100% stocks in your 40s but it would be considered very aggressive, however the amount of money is not large so th...
by eye.surgeon
Sat Jun 30, 2018 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Missed June estimated tax payment deadline. Now what?
Replies: 17
Views: 2200

Re: Missed June estimated tax payment deadline. Now what?

You could ignore the whole thing and probably come out ahead. The IRS is not going to send a SWAT team to your door. I have not made quarterly tax payments for years. The penalty is nothing but a modest interest rate. For the past five years, keeping the payment invested in SPY or QQQ has returned ...
by eye.surgeon
Fri Jun 22, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: I think I am in trouble...way behind where I should be
Replies: 22
Views: 2619

Re: I think I am in trouble...way behind where I should be

You come to the game late but you have a high income. Aggressive saving and earning will get you there but you won't be FIREing at 60.
by eye.surgeon
Thu Jun 21, 2018 11:32 pm
Forum: Personal Consumer Issues
Topic: Am I wasting money on my old car?
Replies: 34
Views: 3628

Re: Am I wasting money on my old car?

Keith43 wrote:
Thu Jun 21, 2018 11:07 pm
I'm a bit cynical of the "newer cars are safer" line. Surely how you drive it is going to be the most important factor for safety.

Driving at 60m/h is going to be safer that 70m/h.
See for yourself and decide...

https://www.youtube.com/watch?v=_ttkVRwOtVE
by eye.surgeon
Thu Jun 21, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Am I wasting money on my old car?
Replies: 34
Views: 3628

Re: Am I wasting money on my old car?

Forget repair costs, a 22 year old economy car is a death trap compared to any current car. Put a price tag on your life, it's time to upgrade.
by eye.surgeon
Mon Jun 18, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 112
Views: 13106

Re: Very confused with the current market

- It has been history higher and higher. - the fundamental law says it will recycle every 10 years - I had been on cash for 10 months Please don't tell me I should not time the market. What's going wrong? Pick an asset allocation, get your cash back in the market, and check it a couple times a year.
by eye.surgeon
Sun Jun 17, 2018 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5510

Re: Young and rich

Chose a sensible asset allocation based on your age. Plenty of information on that in the wiki here. You would do well to never again refer to yourself as rich, or you risk believing it and acting like it. Although you are fortunate, and ahead of the game, you are neither rich nor have you won the g...
by eye.surgeon
Mon Jun 11, 2018 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Mea culpa - market-timing with REITs - what to do now?
Replies: 25
Views: 3077

Re: Mea culpa - market-timing with REITs - what to do now?

I'm also concerned about our lack of international holdings - just 20% in each of our 401(k)s. Perfectly defensible position on international. Some smart investors have more, some have less, some have none. Bogle himself suggests up to 20% international holdings although he also makes a case for no...
by eye.surgeon
Tue Jun 05, 2018 12:36 am
Forum: Personal Consumer Issues
Topic: Used car buying advice!
Replies: 41
Views: 3440

Re: Used car buying advice!

I wouldn't buy a car that old with that many miles unless I was completely broke. The used car sweet spot is 3-5 years old and is not a Toyota/Honda (hold their value too well). Kias and Hyundais are quality cars that depreciate like crazy and can be bought for a song on the used market. You can dri...
by eye.surgeon
Sun Jun 03, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Switch between physicians in the same practice?
Replies: 40
Views: 3368

Re: Switch between physicians in the same practice?

InMyDreams wrote:
Sun Jun 03, 2018 9:45 am
jaybee747 wrote:
Sat Jun 02, 2018 1:06 pm
... he graduated few years ago...
I suspect he is a resident or fellow, working with the physician with whom you made the appointment.
Residents and fellows are almost always found in academic institutions, not private practices. Speaking as a former resident and fellow.