Search found 27 matches

by BSBHead
Fri Oct 18, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuyer wants me to do a 1031 exchange. Um, what?
Replies: 81
Views: 8504

Re: Homebuyer wants me to do a 1031 exchange. Um, what?

I'm selling a home. It's under contract and we are supposed to close in about a week. Today the buyer said he wants me to sign an "Exchange Addendum" which states that he intends to purchase the home as structured under Section 1031 of the Internal Revenue Code. Even after some googling, I don't re...
by BSBHead
Tue Jul 16, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 182
Views: 32778

Re: Cash - Throw it all on the table!!!

This thread made me feel better as nobody has a good answer. I keep 1-3 months of expenses in checking/savings. But my fixed income/cash position is really tied up in VMMXX.
by BSBHead
Wed Jun 26, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Salaries at FQHC | Any physicians here? [Federally Qualified Health Center]
Replies: 17
Views: 2616

Re: Salaries at FQHC | Any physicians here? [Federally Qualified Health Center]

I'm not a physician, but I've worked with FQHC's in my past. As FQHC's are non-profits, you can pull salary info from director level physicians from their IRS Form 990's on Guidestar (sign up for a free account). Look up the name the FQHC and look in section 7 (I believe) and you'l see what the high...
by BSBHead
Mon Jun 24, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 4861

Re: Triage in ER - charged $790

You need to pay it and move on with your life. ER clinicians have zero information about you and don't know if you are even telling them anything with accuracy, so yes, they need to confirm you aren't going to die. What if you left before seeing them and died later - might that have been worse than ...
by BSBHead
Fri Jun 14, 2019 7:35 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 355
Views: 44163

Re: How Bad was 2008, really?

I think 2008-09 hit from multiple angles. The decline in the market wasn't the biggest concern more generally. The bigger concern more broadly was job lay offs combined with a dramatic decline in value in housing in most markets. When you combine that with stock market declines and general economic ...
by BSBHead
Wed May 15, 2019 8:55 pm
Forum: Investing - Theory, News & General
Topic: Socially Responsible [Investing]
Replies: 58
Views: 4169

Re: Socially Responsible [Investing]

Having seen this play out in the institutional space, I think the hardest thing to figure out is what is socially responsible? I get big tobacco, guns, and oil & gas, but what about companies that pay their employees significantly lower than average or have a big carbon footprint (e.g. airlines)? Wh...
by BSBHead
Wed May 15, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Bank called my business manager
Replies: 49
Views: 5521

Re: Bank called my business manager

I suspect this is due to two separate issues. The check hold is confirm your employer checked clears. I'm sure they gave you the standard hold language as check clearing can vary. A check from a large national bank deposited into your large national bank account will clear quickly as the depositing ...
by BSBHead
Wed Apr 17, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 14278

Re: Job Offer Evaluation - FANG

What title did they offer you? 10 days PTO sounds oddly low for a FANG. I can rule out Netflix and Amazon based on the RSU package. That leaves Facebook and Google, neither of which has a PTO policy that anemic for FTEs. Is this an offer for a software engineer position? If so it sounds on the low ...
by BSBHead
Mon Apr 15, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing within corporation
Replies: 3
Views: 579

Re: Interviewing within corporation

I switched to a modestly higher paying meaningfully greater hour job in 2005. My job before was great, steady, and offered awesome work/life balance. New job was challenging and I really had to put in time. Fast forward to today. Most of old friends from my prior job are basically in the same job. I...
by BSBHead
Mon Apr 15, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 18907

Re: Bogleheads, why won't anyone hire me?

Re: Healthcare administration. I think one path in would be through a revenue cycle department of a hospital. They typically are involved in claims adjudication with patients/insurance companies and patient customer experience. It's typically a call center structure so fairly entry level, but it wou...
by BSBHead
Mon Apr 01, 2019 9:11 pm
Forum: Personal Investments
Topic: Safe way to "bet" against LYFT?
Replies: 36
Views: 4147

Re: Safe way to "bet" against LYFT?

Fun post given the discussion on self driving cars. From a investor perspective, I have zero idea who will win the ride sharing game, but agree that it's all about autonomous driving cars. I think the barriers to entry on ride sharing are weirdly low and future competition for Lyft exists from a lot...
by BSBHead
Wed Mar 13, 2019 3:04 pm
Forum: Personal Investments
Topic: I want to leave Vanguard
Replies: 71
Views: 6369

Re: I want to leave Vanguard

I got that penalty for freeriding once. It was my fault. As I recall, one of those annoying screens came up to tell you you’re doing something wrong, but I ignored it. It was painful, and wasn’t a mistake I made a second time. Sorry, but that’s not Vanguard’s rule, and you would be in the penalty b...
by BSBHead
Sat Feb 09, 2019 1:26 pm
Forum: Investing - Theory, News & General
Topic: How "Safe" is Your Bond Fund?
Replies: 43
Views: 4485

Re: How "Safe" is Your Bond Fund?

While I think there are other risks, the same risks that took down the active bond funds have been mitigated. First, bond insurance backing many of these short-term bond issuances does not exist. Ambac, MBIA, etc. are gone as a result of the crisis. The credit quality of the underlying securities wa...
by BSBHead
Sat Jan 26, 2019 7:33 pm
Forum: Investing - Theory, News & General
Topic: Why don't good ideas beat the market?
Replies: 33
Views: 2940

Re: Why don't good ideas beat the market?

Why don't good ideas beat the market? Because the market is already aware of the good ideas and has already taken them into account. Good ideas only really work when they are not known by others. Many good ideas involve more risk. Many good ideas are only good ideas when back-tested, not going forw...
by BSBHead
Fri Jan 25, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating DayCare Fees
Replies: 70
Views: 3992

Re: Negotiating DayCare Fees

For $2500 a month, you could hire a nanny for a year or 2, then when baby1 is in 'regular' school, baby 2 can attend a day care. Does a nanny teach them math, science, sign language, mandarin, cook organic GMO free food for them, manners and etiquette, how to share/play with others, they even do pu...
by BSBHead
Sun Jan 20, 2019 4:12 pm
Forum: Investing - Theory, News & General
Topic: Why I left Wealthfront
Replies: 72
Views: 22805

Re: Why I left Wealthfront

I’ve been somewhat conflicted when it comes to Wealthfront and the other Robos. Investing is an incredibly confusing subject and the market/marketing at large does not exist to make things easier for the average person. Wealthfront is investing untold resources and marketing to introduce and educat...
by BSBHead
Sat Jan 19, 2019 9:32 pm
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3666

Re: Son moving to Denver from California

My son drives a Kia Sportage AWD. Does he need to get snow tires for the winter? He is moving there next month. He will be commuting from Denver to Boulder daily. If he's just commuting, then it's only going to be a handful of days where snow tires will be necessary. Hopefully, he can work from hom...
by BSBHead
Thu Jan 03, 2019 10:37 pm
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 92
Views: 7841

Re: Anyone here major in Economics in college?

Can she double major? Maybe Economics for the theory and Finance/Accounting for the skills? I'm guessing there would be overlap in coursework.
by BSBHead
Sat Dec 22, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Employer asking me to move my brokerage account
Replies: 30
Views: 3545

Re: Employer asking me to move my brokerage account

My company asked me to do the same thing and limited us to several brokerage firms. In addition, I have to pre-clear any stock purchase (other than 401k, ETF's, mutual funds, or CD's) or sale prior to making the transaction. And that pre-clearance is actually only for the same day, so if your trade ...
by BSBHead
Fri Dec 14, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 123
Views: 6827

Re: Should I buy a Tesla?

I think you can afford it, but the better question is where are you getting a Tesla for $40,000? I’m assuming it’s used for that price. How old and how many miles does it have? Model 3 after incentives its $38,700. I don't think you can get the mid-range batter pack for under $40k after incentives....
by BSBHead
Wed Dec 12, 2018 9:41 pm
Forum: Personal Investments
Topic: Corporate Bond Investing Strategy
Replies: 28
Views: 1736

Re: Corporate Bond Investing Strategy

Corporate bonds have had a nice bull run and issuance the past few years has been at record levels, so my own view is not optimistic. I think looking at duration is more important than anything in looking at bonds at the moment as there will be a glut of corporate bond maturities in the next few yea...
by BSBHead
Sun Dec 09, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: Another Roth vs. Traditional question
Replies: 29
Views: 1788

Re: Another Roth vs. Traditional question

And to clarify my points above, I think your age makes a difference in how to "tilt" Roth v. Traditional 401k. There is more certainty about the points I raise if you are closer to retirement. For those of us 20-30 years out, I think diversifying your tax strategy is not dissimilar to a passive inve...
by BSBHead
Sun Dec 09, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Another Roth vs. Traditional question
Replies: 29
Views: 1788

Re: Another Roth vs. Traditional question

I've long debated this and believe the right approach is a mix between Roth and Trad 401k is best bet as it is a non-bet. Reasons are: (1) Tax rates: Who knows about where tax rates will be when we retire. My brain trap tells me they will be higher than expected due to entitlement costs and other bu...
by BSBHead
Thu Nov 15, 2018 10:07 pm
Forum: Personal Consumer Issues
Topic: What convenience fees does your city charge for credit card use?
Replies: 40
Views: 2194

Re: What convenience fees does your city charge for credit card use?

Unipay is probably a payment aggregator using its payment gateway to access the Visa/MC network. I'm sure there is a rebate back to the City. Not sure about my city, but our state charges a 2.5% fee for credit cards, which is approximately equal to the interchange fees charged by the card networks. ...
by BSBHead
Wed Nov 14, 2018 10:07 pm
Forum: Personal Investments
Topic: Looking to invest 80k for 3-5 years
Replies: 12
Views: 1822

Re: Looking to invest 80k for 3-5 years

Just to add on here. Prime MM funds do not necessarily price in all expected future interest rate increases. If you watch the day-to-day movements during this increasing rate cycle, the funds gradually increase to the anticipated Fed Funds day that rates are set and then adjust for the difference on...
by BSBHead
Sun Nov 11, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 4256

Re: International Travel during Maternity/Paternity

I think you should have the baby first before making plans. Our kid had a lung issue that was discovered a few weeks post birth requiring a fair bit of time in the NICU, so I'm guessing you'd prefer to address this in the U.S. near home v. in a foreign place where your health insurance might cover a...
by BSBHead
Sun Nov 11, 2018 1:05 pm
Forum: Personal Investments
Topic: Reverse Mortgage
Replies: 17
Views: 2066

Re: Reverse Mortgage

My grandfather took one out in the early 90's to pay for some medical costs. More or less accrued at 8-10% rate, so interest ate up equity value quickly and when we sent him to assisted living, reverse mortgage value was $300k v. a house worth $150k. It was an easy decision to turn in the keys when ...