Search found 76 matches

by TheMadEph
Fri Sep 13, 2019 6:42 pm
Forum: Personal Investments
Topic: How to value pension as a benefit when comparing jobs
Replies: 24
Views: 2193

Re: How to value pension as a benefit when comparing jobs

My partner just made the change from EM physician in the community to EM at VA. I appreciate the attempt, but when I was sitting down with my partner to think about it, we decided that the actual dollar figure trade off is both (i) too complicated and (ii) ultimately irrelevant. Our conclusion was t...
by TheMadEph
Thu Sep 12, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Building First Home, budgeting, and Investing
Replies: 6
Views: 405

Re: Building First Home, budgeting, and Investing

One thing you might consider is building a super small carriage house e.g. ground floor could be a four car garage with shop/work area/powder room, plus stairs up to a second floor with a small apartment etc. I lived in one of these for a few years and it was great - obviously a little tight, but......
by TheMadEph
Thu Sep 12, 2019 4:11 pm
Forum: Personal Consumer Issues
Topic: Electric Bicycles
Replies: 113
Views: 7862

Re: Electric Bicycles

This is an interesting and timely thread for me. I am 60 years old, have been a recreational bicyclist for 52 years and have two road and one MTB in the stable. I live in the Cascade foothills 45 miles north of Seattle in very hilly terrain. As my hip joints start to squeak more and more as I throw...
by TheMadEph
Wed Sep 11, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: How would one go about shorting Eurozone bonds?
Replies: 22
Views: 1077

Re: How would one go about shorting Eurozone bonds?

Do you think that the EU central bank is going to start hiking rates? Which is a passive aggressive way of saying, why bother? for a retail investor with (I am assuming here) a relatively normal size portfolio this would seem to be an awful lot of effort to achieve whatever you are trying to achieve...
by TheMadEph
Tue Sep 10, 2019 6:05 pm
Forum: Personal Consumer Issues
Topic: Electric Bicycles
Replies: 113
Views: 7862

Re: Electric Bicycles

I think the target audience is someone who is unable or just doesn't ride bike without the assist factor. I have a hard time seeing a biker who enjoys pedaling swapping to an e-bike when they don't have to. But I'm proven wrong daily. I am a former pretty high-level triathlete and even now I fairly...
by TheMadEph
Wed Sep 04, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 204
Views: 18629

Re: The Big Short's Michael Burry on why index funds are like subprime CDOs - why is he wrong?

He may well be correct that certain smart and dedicated investors can do an enormous amount of research undervalued small cap stocks and find good companies. But who is going to go find those companies for you? He is talking about small cap Japanese tech stocks with large balance sheets.... seriousl...
by TheMadEph
Thu Aug 22, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 16247

Re: White collars- How much is your work downtime?

I find this thread baffling. As an Emergency Medicine Physician I can honestly say that during a 7a - 7p shift I would estimate about 5% or less downtime in order to eat or use the bathroom. There usually is a little more downtime on the overnight shifts but I’d much prefer to be busy. Fortunately ...
by TheMadEph
Mon Aug 12, 2019 10:11 pm
Forum: Personal Investments
Topic: Can having wealthy parents be a justification for a more aggressive investment strategy?
Replies: 97
Views: 7180

Re: Can having wealthy parents be a justification for a more aggressive investment strategy?

Counterpoint - the answer is sure . Be aggressive, if you want. Just be aggressive with the knowledge (as lady geek pointed out) that you MAY not have anything at the end of the day. But absolutely you should be more aggressive. There is a huge difference between relying on a potential future inheri...
by TheMadEph
Fri Jul 12, 2019 8:58 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

All (eh, most) of my charitable giving is environmental/land usage focused. But that is actually how I go started thinking about a manner of "individual divestment". ... Your thesis may be right or wrong. And you probably aren't going to suffer catastrophic results in either case. What I would caut...
by TheMadEph
Fri Jul 12, 2019 8:13 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

OP, remember that placing your 'bet' on such funds is not a bet that the world is moving in that direction; it is a bet that the collective valuation of those companies is wrong. Agreed Willthrill81 - that is what I am struggling with. It seems to me (based on all the risks, and the upsides) like w...
by TheMadEph
Fri Jul 12, 2019 8:06 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

What you're not property weighting: all the people who, just a few years ago, had just as good reasons for why the Japanese economy would take over the world. So, how did being overweight in those Japanese stocks work out for you? Of course there are other examples - peak oil theories, etc. etc. Of...
by TheMadEph
Fri Jul 12, 2019 7:55 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

(And this allocation is only for some of my accounts, as the 401K plans we have dont offer a low carbon option anyway, so those amounts are going to stay in the SP500/TSM - this change would be for the taxable account index funds). It’s a bad idea to put any fund you are not committed to hold for d...
by TheMadEph
Fri Jul 12, 2019 5:25 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

My worldview is similar to OP's and I considered investing in an ESG fund, but decided not to. I think the one financial reason i can see for sticking with broader index keeping these types of companies in it is the "Altria" resolution - i.e. regulation increases, taxes increase, number of smokers ...
by TheMadEph
Fri Jul 12, 2019 4:23 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

Interested in thoughts on what I am not properly weighing. The market already knows that and prices these things accordingly. It's a market timing call (and you are likely wrong on timing no matter what). You also aren't taking into account that a lot of companies you'd likely end up excluding are ...
by TheMadEph
Fri Jul 12, 2019 3:57 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Re: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

I don't think this is about choosing companies/choosing renewable sources. I view this as trying to avoid something which (as I said) appears to be on the decline generally. So it is about two theses: my overall investing thesis is that it is unlikely that my carbon intensive investing thesis is com...
by TheMadEph
Fri Jul 12, 2019 2:09 pm
Forum: Personal Investments
Topic: Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds
Replies: 43
Views: 2294

Why Shouldn't I Switch to Low Carbon/Fossil Fuel Free Index Funds

Probably a little late to this game, but I didn't see very many posts about this topic, and looking for some counter-arguments. Besides a slightly higher cost (which is unfortunate), it seems like ETFs which exclude either fossil fuel reserves or carbon intensive industries or both from the otherwis...
by TheMadEph
Thu Jul 11, 2019 12:45 pm
Forum: Personal Consumer Issues
Topic: Drive to Olympic National Park from Midwest
Replies: 26
Views: 1977

Re: Drive to Olympic National Park from Midwest

Recommend on the way there taking highway 20 through Washington to see cascade national park. From there continue the drive on 20 to coupeville on whidbey island to take the ferry to port Townsend in order to reach the peninsula/Olympic national park. This route will take you over deception pass wh...
by TheMadEph
Fri Jun 21, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 182
Views: 16626

Re: what was your worst major purchase mine is a 2019 mazda3

Undergrad and dental school for ex-wife. $300k down the tubes for me. Pretty sure cash-flowing current wife's undergrad (2 more semesters) is going to be a better long-term purchase/investment. I don't mean to be flippant, but are you doing the same thing with the current wife that you did with the...
by TheMadEph
Fri Jun 21, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: what was your worst major purchase? mine is a 2019 mazda3
Replies: 182
Views: 16626

Re: what was your worst major purchase mine is a 2019 mazda3

Fancy Vespa so DW and I could ride together, skip ferry lines, and not drive a car. Cost like $8000. Finally donated it to charity w/ less than a 1000 miles on it, for $3300. Never used it like we thought, in part because we got a dog shortly thereafter and wanted to bring dog with us most places. W...
by TheMadEph
Tue Jun 18, 2019 5:32 pm
Forum: Personal Consumer Issues
Topic: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta
Replies: 82
Views: 7023

Re: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta

I vote with the majority for Vancouver, WA. Great tax arbitrage, PNW winters are dark it is true, but Hawaii is "close" (or at least easy). Plus, much better location for mitigating climate change effects than Georgia or California. Now the earthquake on the other hand..... If you/spouse have family...
by TheMadEph
Wed Jun 05, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Failed land investments and what to do with it?
Replies: 139
Views: 9543

Re: Low ball offer to buy my useless land, take it or leave it?

i like the goat idea. Or put it into a conservation easement?
by TheMadEph
Wed Jun 05, 2019 2:55 pm
Forum: Personal Investments
Topic: Has anyone recently transferred shares from Computershare to Vanguard?
Replies: 27
Views: 3000

Re: Has anyone recently transferred shares from Computershare to Vanguard?

I did it to Vanguard about 2 years ago, and it was a bit of a hassle. I had to have a couple of phone calls with Computershare and they were not very efficient or effective. Lost all of the data on cost basis of course, so will have to eventually donate all of those shares to the DAF probably. But s...
by TheMadEph
Wed May 29, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 17217

Re: Fun paid jobs after FIRE

There are no "jobs" after FIRE. If you have a job, you aren't FIRE'd. Sure, you can have one or many hobbies. If your idea of a hobby is to put on a fancy red vest and play the "expert" at ACE, then more power to you! :beer Many people don't agree with this. For many, FIRE means you have the freedo...
by TheMadEph
Tue May 28, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 62
Views: 7439

Re: “Upsizing” are we foolish?

What about getting a country house/vacation house if you are feeling cramped? Buy one a few hours away if you think you will use it enough. I don't know if you guys travel a bunch, but if you are feeling cramped in normal everyday life, a weekend house could be a good compromise (especially if that ...
by TheMadEph
Thu May 23, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Why it doesn't matter if Tesla survives
Replies: 21
Views: 1959

Re: Why it doesn't matter if Tesla survives

If Tesla goes ker-flush, the only people who'd care are Musk/ Tesla fan boys (who are also stock holders). I was never impressed with Elon Musk, unlike his fan-boy entourage. People seem to think he's a modern-day Edison. Yet, Elon Musk has not invented anything. Ever. His primary claim to riches a...
by TheMadEph
Wed May 22, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my student loans early?
Replies: 22
Views: 2212

Re: Should I pay off my student loans early?

I would not pay off anything early if I weren't already maxing out tax-advantaged retirement accounts including Roth, 401k, and HSA. If you're doing all of that then sure, why not go ahead and pay it off? +1 I am on board as long as you are contributing the maximum to retirement accounts first. Oth...
by TheMadEph
Tue May 21, 2019 5:02 pm
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 70
Views: 5883

Re: Is an emergency just mental accounting?

Yes, the average American doesn't have an after-tax brokerage account. Says who? The average AGI (adjusted) in Oregon is $57,000 and Portland is HCOL. How then is it possible to max out all retirement vehicles? We make more than that and I still couldn't max out everything. We're in a southeastern ...
by TheMadEph
Fri May 17, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: $ Decisions: environmental, save the planet, organic, etc
Replies: 32
Views: 1843

Re: $ Decisions: environmental, save the planet, organic, etc

A few principles I'm trying to apply to my life: Buy less and buy used. I try very hard these days to only buy things which are practical (it is hard for me because I love art) and that I know I will use. Instead of asking if you should get A or B, maybe ask if you should get neither. Same thing fo...
by TheMadEph
Fri May 17, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5768

Re: Guidance on choosing between UMich and Brown

Probably a toss up academics wise with slight edge to Brown (i.e. Brown overall stronger in academics, Mich stronger in CS specifically). But social fit i think is much more important - sibling of mine went to Brown, and loved it. Also, if the son wants to go into finance, Brown is better for connec...
by TheMadEph
Tue May 14, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Mosquito control in Central Va
Replies: 23
Views: 1831

Re: Mosquito control in Central Va

In our area we have wetlands with large areas of standing water. We have tried everything under the sun to control mosquitos. The most effective method I have found so far is remarkably simple: https://www.nytimes.com/2013/07/16/science/a-low-tech-mosquito-deterrent.html We have a large fan on our ...
by TheMadEph
Fri May 03, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 5797

Re: Short BYND? (beyond meat, IPO today)

Completely agree on a personal level about preferring farmers market - so I am not about to start eating those things (but of course I also don't eat the heavily processed beef burgers at McDonalds either, so i was never their target market probably). But its an investing board, so I was trying to r...
by TheMadEph
Fri May 03, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Boat close enough to the dock? Career transition question
Replies: 10
Views: 1309

Re: Boat close enough to the dock? Career transition question

That's a great salary for family medicine physician. Is that VA/Government position - i am guessing because of the 5 year pension. If so, and spouse is continuing to be happy with work after first kid, then I count her position as super super secure and would be comfortable dropping out of the consu...
by TheMadEph
Fri May 03, 2019 3:36 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 5797

Re: Short BYND? (beyond meat, IPO today)

I eat meat 2-3 times a week. I eat it for health reasons. I also eat eggs regularly as well as fish. My goal is healthy and these burgers make no sense to me at all. That’s the thing, if you want burger shaped patties to taste like beef, tons of chemical garbage needs to be added making the product...
by TheMadEph
Thu May 02, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - Getting Laid off
Replies: 34
Views: 4820

Re: Need Advice - Getting Laid off

Network, try and find a new job, and if unsuccessful , I would contact a lawyer and then the HR department and notify them that you are concerned that you were selected for layoffs due to your impending paternity leave. It is entirely possible that you might be able to negotiate a better package at...
by TheMadEph
Thu May 02, 2019 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - Getting Laid off
Replies: 34
Views: 4820

Re: Need Advice - Getting Laid off

Consensus is certainly to take the paternity leave now, which I agree with. I think there may be room for a more aggressive approach, however, that you could use if (and I, personally, would say only if) you are unable to find a job by the time the layoffs actually come. How do you know that you wer...
by TheMadEph
Thu May 02, 2019 1:34 pm
Forum: Personal Investments
Topic: 403b into Roth IRA post residency
Replies: 6
Views: 501

Re: 403b into Roth IRA post residency

Hi, During residency I accumulated quite a bit in a 403b between my employer contributions and my own. I've recently given thought to transferring these 403b funds into a Roth IRA. I have already opened and funded a Roth IRA at Charles Schwab. Is this wise? We should be below the Roth IRA income li...
by TheMadEph
Wed May 01, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: Hiring a contractor to cut down some trees....what should I be aware of?
Replies: 89
Views: 5461

Re: Hiring a contractor to cut down some trees....what should I be aware of?

Yes, you should check to see if you city/town requires any permit to remove trees. For example, my city requires residents obtain a permit to remove any tree over 24 inches in circumference. Once an application for a permit is filed, the town posts a notice on the property and sends an arborist to ...
by TheMadEph
Wed May 01, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Experience Donating Shares (Not using DAF)
Replies: 12
Views: 857

Re: Experience Donating Shares (Not using DAF)

I have a couple of times and though it can be done, if the charity doesnt do it alot though it can be a bit of a hassle to get information (accurate) from them etc. I think a DAF might make sense if it allows you to batch - unless you know you will be itemizing no matter what, batching the donations...
by TheMadEph
Tue Apr 30, 2019 5:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Climate Change Investing Research
Replies: 23
Views: 1442

Re: Larry Swedroe: Climate Change Investing Research

Seems odd to me but Larry's article (and most of this thread) are discussing this merely as indicative of revealed preferences of investors. Hence the comparison to sin stocks (e.g. I don't like hurting the environment so i am not buying oil pipline companies, just like i don't buy casino stocks bec...
by TheMadEph
Sat Apr 27, 2019 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: What are the cons of always being a one parent working household?
Replies: 134
Views: 8793

Re: What are the cons of always being a one parent working household?

always best for a parent to raise their kids I think you meant to say: "In my experience, it was best for the entire family that the kids were raised by a stay at home parent, but YMMV" Then, if you had some potential downsides that you saw (and navigated around) you could share those with OP, to a...
by TheMadEph
Sat Apr 27, 2019 11:27 pm
Forum: Personal Investments
Topic: First time home buyer. 403b loan, or roth ira 10,000 withdrawal?
Replies: 13
Views: 1111

Re: First time home buyer. 403b loan, or roth ira 10,000 withdrawal?

I would do the 403b loan too, as I suspect your position/employment is pretty secure (as it is for most people with 403b eligibility). Of course, risk is always there of something changing - youll have to be comfortable with that overall. You may want to consider changing your AA however, e.g. make ...
by TheMadEph
Fri Apr 26, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Becoming a Financial Advisor
Replies: 41
Views: 2195

Re: Becoming a Financial Advisor

But you will need some manner of getting clients - unless you are already networking (which has been my approach). Also, my partner (and various siblings) are in high income professions and i expect a substantial number of clients will come through those contacts. Ah, the 'ole pester the friends an...
by TheMadEph
Thu Apr 25, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Financial Advisor
Replies: 41
Views: 2195

Re: Becoming a Financial Advisor

I am planning on doing the exact same, OP. Good luck. Plan is to launch (beta/private) later this year for a very limited group. Then quit full time job sometime early next year. I will be charging all clients however, because I do think that people will (i) be more apt to follow advice if they are ...
by TheMadEph
Tue Apr 16, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 10673

Re: seriously thinking about leaving S. CA but where to?

Any suggestions based on the criteria Criteria: 1/ Mild climate similar to Orange County, CA. Okay with some snow in the winter but not fond of huge amount of rain. - Partial Check 2/ No hurricane , flood , tornado and blizzard - Check 3/ Not Hawaii - Check 4/ Low crime - Check Not a must but would...
by TheMadEph
Wed Apr 10, 2019 5:08 pm
Forum: Personal Investments
Topic: Is it worth it to donate appreciated shares when retirement is far off?
Replies: 25
Views: 1819

Re: Is it worth it to donate appreciated shares when retirement is far off?

Also, if you are currently giving to charity or plan on doing so in the near future, then i dont see a downside in doing those transfers now when (presumably you get a better tax benefit). Why wait until you are retired or have a much lower marginal rate....i would definitely give at the highest mar...
by TheMadEph
Wed Apr 10, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 5923

Re: Not much work at new megacorp job

I would never tell him I hardly have any work. I send him a monthly report with all my activities and time spent on them. I pad the numbers and I am sure he knows. But he has never asked me to fill my time with more responsibilities... Honesty is a good policy. Consider telling him the truth. I tri...
by TheMadEph
Wed Apr 10, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 5923

Re: Not much work at new megacorp job

I would never tell him I hardly have any work. I send him a monthly report with all my activities and time spent on them. I pad the numbers and I am sure he knows. But he has never asked me to fill my time with more responsibilities... Honesty is a good policy. Consider telling him the truth. I tri...
by TheMadEph
Mon Apr 08, 2019 3:10 pm
Forum: Non-US Investing
Topic: Expat Tax Question - Married filing options
Replies: 6
Views: 372

Re: Expat Tax Question - Married filing options

I live in Canada, am a dual citizen, and my spouse is only a Canadian citizen. I always file in the U.S. as married filing separately. This is entirely legal and IMO is the better option. I have done this for my entire 30-year marriage, with the support of good U.S. tax accountants. Her alternative...
by TheMadEph
Mon Apr 08, 2019 3:08 pm
Forum: Non-US Investing
Topic: Expat Tax Question - Married filing options
Replies: 6
Views: 372

Re: Expat Tax Question - Married filing options

Thanks. I'll probably suggest that to the sister in law. Frustrated that she might have been getting bad advice for a number of years - although i actually am not sure how much it would have changed her taxes up until now, since her income has previously been below the FEIE. But good to at least hea...
by TheMadEph
Mon Apr 08, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8995

Re: The "dividend preference anomaly"

[/quote] Dividends and selling shares yourself are the exact same thing. The fact that there's people in this thread that still can't accept this basic fact proves the point of this thread. [/quote] So your sales of that stock cost nothing? If people have a preference for a zero fee, trading fee wai...