Search found 130 matches

by uberdoc
Sat Sep 21, 2019 10:00 pm
Forum: Investing - Theory, News & General
Topic: A gentle alternative to HEDGEFUNDIE's excellent adventure with 2-Year Treasury Futures
Replies: 54
Views: 4639

Re: A gentle alternative to HEDGEFUNDIE's excellent adventure with 2-Year Treasury Futures

Y’all getting rich quick using 3x leverage, factor, momentum and all clever tricks making me feel a dumb with a three fund portfolio. It’s depressing watching money pass by.
by uberdoc
Sat Aug 31, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to make SWIFT payment inexpensively
Replies: 10
Views: 684

Re: How to make SWIFT payment inexpensively

Use transferwise. Banks make a killing with these by changing the exchange rate. You can compare both and then decide.
by uberdoc
Wed Aug 28, 2019 9:30 pm
Forum: Personal Consumer Issues
Topic: out of network emergency visits. Huge bill!!!
Replies: 156
Views: 13430

Re: out of network emergency visits. Huge bill!!!

Balance billing protection does not mean much when one is in er with perforated appendicitis and no surgeon available on call because Medicare pays $200 for an appendectomy done at 1am.
by uberdoc
Wed Aug 28, 2019 9:00 pm
Forum: Personal Consumer Issues
Topic: out of network emergency visits. Huge bill!!!
Replies: 156
Views: 13430

Re: out of network emergency visits. Huge bill!!!

That’s what I am trying to say. Either they pay what’s acceptable to you or they can get someone else. I take $150/hr for ER surgical calls. For anything less than that I am not willing to get my sleep disturbed at 2 AM.
by uberdoc
Wed Aug 28, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: out of network emergency visits. Huge bill!!!
Replies: 156
Views: 13430

Re: out of network emergency visits. Huge bill!!!

Don’t take any ER calls where you will be the one billing for the consult. Public and politicians do not want to see physicians charging what we see as fair for our years of training and hard work. Heck they don’t want to pay even at par with what plumbers charge for night work. Just ask the hospita...
by uberdoc
Sun Aug 11, 2019 11:25 am
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21727

Re: Negative Interest Rates in U.S.

I like to hide my money in VT sacks.
by uberdoc
Thu Aug 01, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 11142

Re: A note on spending for kids

My job is physician, my kid’s job is education. I play sometime for fun, same with the kid. Better focus on studies now rather than flipping burgers for rest of the life. And no, 6 hr school is not enough. My plan is to sit down every evening and study together for 2 more hrs. Education continues af...
by uberdoc
Mon Jul 29, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: Hawaii in August
Replies: 31
Views: 2551

Re: Hawaii in August

We like to relax and take our own sweet time to see things on vacations. If that means we miss some must see touristy spots, that be it. One of our friends would join us if we only go to the Big Island.
by uberdoc
Sun Jul 28, 2019 6:17 pm
Forum: Personal Consumer Issues
Topic: Hawaii in August
Replies: 31
Views: 2551

Re: Hawaii in August

Thanks for your replies. Just booked 6 day trip for the big island. We will be staying at Fairmont Orchid. DW wanted to see the volcano so why not.
by uberdoc
Sun Jul 28, 2019 1:57 pm
Forum: Personal Consumer Issues
Topic: Hawaii in August
Replies: 31
Views: 2551

Hawaii in August

Hi,
Any suggestions for a vacation in Hawaii in late August? We have a toddler so have to keep that in mind. Which island should we go to, what should we plan to do, which hotels etc? We will use Costco travel vacation package.
Thank you.
by uberdoc
Sat Jul 27, 2019 1:01 pm
Forum: Investing - Theory, News & General
Topic: Investors Are Usually Wrong. A NYT Columnist (Finally) Admits He's One of Them.
Replies: 53
Views: 7104

Re: Investors Are Usually Wrong. A NYT Columnist (Finally) Admits He's One of Them.

I read this article. Very clever way to promote variable annuities. Author is saying these are great products but I don’t endorse it. Haha for sure.
by uberdoc
Sun Jul 21, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 110
Views: 12911

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

I added Marcus on my Vanguard account. Two trial deposits from vanguard will show up at marcus. Once you confirm that you can transfer from Vanguard to Marcus or vice versa.
by uberdoc
Sat Jul 20, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 110
Views: 12911

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

DW and I have separate Marcus accounts and we both are enrolled in this promotion. Can we open another joint account and avail this bonus?
by uberdoc
Fri Jul 19, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 110
Views: 12911

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

I transferred directly from vanguard treasury money market to marcus for this promotion. I had linked my Marcus account with vanguard already.
by uberdoc
Thu Jul 18, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 110
Views: 12911

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

I did Ally $1000 bonus earlier this year then got capital one $500 money market bonus then Marcus $100 bonus and now I am enrolled into this $500 bonus. I am also currently enrolled in etrade $250 and chase you invest $200 bonuses. These all are easy ways to make some profit by just moving around ca...
by uberdoc
Fri Jul 05, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: 50-60k boat purchase??
Replies: 84
Views: 5964

Re: 50-60k boat purchase??

I am in the same boat. I just need to buy a lake.
by uberdoc
Sat Jun 29, 2019 8:06 pm
Forum: Personal Investments
Topic: Am I missing something? [beyond a 3-fund portfolio]
Replies: 9
Views: 954

Re: Am I missing something?

It’s all tax efficient investing as per wiki. Bonds are in 401K and rest in taxable and Roth. For 529, I choose NY and Utah moderately conservative portfolio. I do tax loss harvesting dutifully also also utilize kid’s UTMA for tax gain harvesting. We also max out I bonds every year. Not sure we need...
by uberdoc
Sat Jun 29, 2019 7:52 pm
Forum: Personal Investments
Topic: Am I missing something? [beyond a 3-fund portfolio]
Replies: 9
Views: 954

Am I missing something? [beyond a 3-fund portfolio]

Hi, I invest according to 3 fund portfolio without putting a lot of thinking into it. There are many threads here on factor, fama french, margin, value, growth, momentum and what not..I barely understand any of that. Am I missing a lot of profit by not putting any effort on learning and investing be...
by uberdoc
Thu Jun 27, 2019 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Balance Billing (?) by Dentist
Replies: 14
Views: 1442

Re: Balance Billing (?) by Dentist

Everything in healthcare is a mess. I became an employed doctor to avoid situations like these. Now it’s all between patient, insurer and my hospital employer.
by uberdoc
Sun Jun 16, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 619
Views: 60178

Re: Why are you NOT buying rental properties?

Can’t say about others but as a physician I have no interest in doing business with live humans again. I already have enough headaches.
by uberdoc
Fri May 31, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39784

Re: For those who earn $500k+ per year. How'd you do that?

When you all say working 100 hours a week- what does that mean? Really working 100 hours or just being available 100 hours?
My hours this week- really working 25-30 hrs. Available- 45 hrs. Total 75 hrs.
I am expecting to make 550-600 K this year.
by uberdoc
Thu May 30, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Schooling in NYC
Replies: 7
Views: 667

Re: Schooling in NYC

Private or Montessori schools in Manhattan, Brooklyn or Queens. Something within a reasonable budget. Will also aim for gifted and talented program for Kindergarten. Homeschooling has its own merits but not considering that at this moment. Thanks for your replies.
by uberdoc
Thu May 30, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Schooling in NYC
Replies: 7
Views: 667

Schooling in NYC

Hi, We have a 14 months old daughter and have started to learn about preschool and future education options. We live in a not so good school district solely for the reason of close proximity to my work. I take overnight calls at the hospital and staying away from family for so many nights is out of ...
by uberdoc
Mon May 27, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Can I deduct a loss for non-paying patients?
Replies: 48
Views: 3805

Re: Can I deduct a loss for non-paying patients?

And don’t get into any argument with anyone about these things. No one cares. Especially, don’t get into changing how medicine works. Focus on yourself and your income, protect yourself and plan to retire soon. Always remember- patients, lawyers, hospital, insurance, government, nurses and other doc...
by uberdoc
Mon May 27, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Can I deduct a loss for non-paying patients?
Replies: 48
Views: 3805

Re: Can I deduct a loss for non-paying patients?

You can’t deduct the loss. Please stop working independently. It is just not feasible anymore. Get employed and get a good salary. Let hospital, insurance, government etc deal among each other. I sometimes take surgery calls in mostly Medicare/Medicaid population and get paid on hourly basis from th...
by uberdoc
Sat Apr 27, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with this car?
Replies: 7
Views: 897

Re: What to do with this car?

I would like to donate it to someone who really needs it but am wary of potential future liabilities if something happens due to faults in the car.
by uberdoc
Sat Apr 27, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with this car?
Replies: 7
Views: 897

What to do with this car?

Hi, We have a 2016 CRV and a 2009 Nissan Versa. We will be moving to the city and won’t need two cars anymore. Versa has 64K miles on it, banged up a little on side, had two repairs after accidents, windshield wipers are bent, makes some squeaky noises, has manual windows but drives ok. I have no ti...
by uberdoc
Wed Apr 24, 2019 4:53 pm
Forum: Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 173
Views: 26493

Re: You Invest by JP Morgan Chase

How about selling VMMXX and then transferring all cash out of you invest? Is there a fee for that?
by uberdoc
Wed Apr 24, 2019 4:25 pm
Forum: Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 173
Views: 26493

Re: You Invest by JP Morgan Chase

Is there any fee for buying or selling vanguard money market funds on YouInvest?
Thanks.
by uberdoc
Fri Apr 19, 2019 5:43 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 104
Views: 5440

Re: How far would you commute?

30 mins is my limit. Just moved to a new place two blocks away from my hospital. Couldn’t be better. My 2nd OR case is delayed- no problem. I can go home. Call me when patient is ready to go in. Also taking in house paid calls have a completely different meaning now.
by uberdoc
Sat Apr 06, 2019 10:05 pm
Forum: Investing - Theory, News & General
Topic: New York Times--A Price War Has Driven Fund Fees to Zero. They May Be Set to Drop Further.
Replies: 10
Views: 2904

Re: New York Times--A Price War Has Driven Fund Fees to Zero. They May Be Set to Drop Further.

I am more alarmed by this statement- Vanguard Small-Cap E.T.F., which has a published expense ratio of 0.05 percent, is one such fund. Securities revenue, plus what Vanguard called “skillful portfolio management,” has enabled that index fund to beat the index it tracks over the past few years, said ...
by uberdoc
Mon Mar 25, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: filing tax return for minor
Replies: 3
Views: 218

filing tax return for minor

Hi,
I am filing a separate tax return for my 1 year old daughter. E-file is not an option on H&R for her. Should I sign the return for her and mail it?
Thank you.
by uberdoc
Sun Mar 17, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Are I Bonds like cash or bonds?
Replies: 16
Views: 1291

Re: Are I Bonds like cash or bonds?

Part of I bond that I can use without penalty is cash. Rest is bond for me.
by uberdoc
Sat Mar 09, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: Medical and Living in Germany
Replies: 32
Views: 2753

Re: Medical and Living in Germany

Your medical care in Germany will likely be better and definitely less expensive than your medical care in the U.S. Why will it be better? Is there new advanced health procedures or guidelines coming out of berlin i am missing? I am curious as to the high quality care there. Because doctors would b...
by uberdoc
Sun Feb 24, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: NY doc Issues with previous employer- withholding bonus
Replies: 3
Views: 604

NY doc Issues with previous employer- withholding bonus

Hi, My previous employer is not willing to pay my bonus which should be prorated for the time I worked for them this year. Contract clearly delineates it. I am looking for an attorney to send a legal notice in this regard. What type of attorney should I hire and how should I pay for the services- ho...
by uberdoc
Sat Feb 23, 2019 9:37 am
Forum: Personal Investments
Topic: Is anything "cheap" right now?
Replies: 49
Views: 5033

Re: Is anything "cheap" right now?

Nothing is cheap. We are all fools here. We keep buying expensive equities and bond funds. I think you will have better luck at some other forum.
by uberdoc
Mon Feb 11, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 33865

Re: Smaller tax refunds this year? Clear explanation please

I went from positive refund to owing 17K. However as AMT didn’t apply and tax rates went down, SALT deduction didn’t matter for us this year so we saved around 20K in taxes this year. Definitely happy about it but not going to vote for T anyway.
by uberdoc
Mon Feb 11, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: Application for life insurance is asking for net worth is this normal?
Replies: 14
Views: 1545

Re: Application for life insurance is asking for net worth is this normal?

When I was looking for term life one broker called me and went on a monologue about some chronic health rider for about 15 minutes. I told him to call back next day to finalize it then blocked his number. I never heard from him again.
by uberdoc
Mon Feb 11, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tax law expiring in 2025
Replies: 22
Views: 2164

Re: Tax law expiring in 2025

Let’s focus on current law otherwise thread might get locked. So beyond the Roth conversion, anything else could be done?
by uberdoc
Mon Feb 11, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tax law expiring in 2025
Replies: 22
Views: 2164

Tax law expiring in 2025

Anyone doing anything financially at this point knowing the fact that new tax law will expire in 2025? In other words, do I need to change anything to take advantage of the period tax law remains in effect?
Thanks.
by uberdoc
Thu Jan 24, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Paying IRS
Replies: 15
Views: 1342

Re: Paying IRS

Thanks. Will file electronically. I think in a bohlehedish quest to minimize tax refund, we overdid it. Have to be more careful this year.
by uberdoc
Thu Jan 24, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Paying IRS
Replies: 15
Views: 1342

Paying IRS

Hi, I just started doing my taxes and found out we owe $14K to IRS. Amount of federal taxes withheld is much higher than last year federal taxes paid. Am I correct to assume that we won’t have to pay any penalties? Also, when and what is the best way to pay the taxes owed? Forgive my ignorance as it...
by uberdoc
Wed Jan 23, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: Cell Phone Plans - Question Re Best Plan for Combining Husband & Wife
Replies: 65
Views: 3187

Re: Cell Phone Plans - Question Re Best Plan for Combining Husband & Wife

We have simple mobile. They use T mobile network. Everything unlimited including hot spots for $75 for both of us.
by uberdoc
Wed Jan 16, 2019 6:14 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 56035

Re: John Bogle is dead at 89

Rest In Peace. You helped many in your own way and will continue to do so.
by uberdoc
Sat Jan 05, 2019 1:10 pm
Forum: Personal Investments
Topic: Backdoor Roth (Extra cents included)
Replies: 4
Views: 439

Re: Backdoor Roth (Extra cents included)

Nothing to do. I also got 38 cents dividend.
by uberdoc
Sat Jan 05, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 274
Views: 24749

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Use prepaid cellular carrier. Simple mobile is the one I use. Unlimited calls, texts and 3gb internet for $25 a month.
by uberdoc
Tue Dec 25, 2018 8:03 am
Forum: Personal Investments
Topic: Anyone Else Buying Xmas Sale in Equities?
Replies: 33
Views: 4855

Re: Anyone Else Buying Xmas Sale in Equities?

I wish this sale continues in New Year. My backdoor Roth and 2019 401K max are planned for Jan 19.
by uberdoc
Sun Dec 23, 2018 11:52 am
Forum: Personal Investments
Topic: Boeing-time to buy?
Replies: 58
Views: 8088

Re: Boeing-time to buy?

No. Don't buy it and I am saying this based on something that you don't know. Will you still buy it?
by uberdoc
Sat Dec 22, 2018 1:33 pm
Forum: Personal Investments
Topic: no 401K future employment
Replies: 4
Views: 594

Re: no 401K future employment

I havev 21 days with my current employer in Jan 2019. I am planning to use my entire salary for those 21 days to max out 2019 401k limit of $19K before switching employer. We do backdoor Roth too. This takes care of year 2019.