Search found 134 matches

by nydoc
Thu Sep 24, 2020 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10344

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

All this discussion looks interesting when using percentage. As soon as one calculates actual change in dollars all this seems pointless.
by nydoc
Thu Sep 24, 2020 6:01 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3102

Re: Bogleheads knows how many Echo devices I have

I think Alexa is hooked to three fund portfolio and will keep repeating this forever.
by nydoc
Sat Sep 19, 2020 2:49 pm
Forum: Personal Consumer Issues
Topic: Not allowed to do testing/imaging outside hospital network
Replies: 22
Views: 1892

Re: Not allowed to do testing/imaging outside hospital network

No physician will jeopardize their employment by fighting for this issue as this issue doesn’t translate into inferior care. They will treat you to the best of their ability but beyond that they are also interested in their job and finances like you. You should complain to hospital CEO or state Dept...
by nydoc
Sat Sep 19, 2020 9:55 am
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 16109

Re: Coping with Megacorp rat race

I work at a company because I want to stop working at a company.
by nydoc
Thu Sep 17, 2020 5:39 pm
Forum: Personal Consumer Issues
Topic: Google Voice number
Replies: 15
Views: 1134

Re: Google Voice number

I am using GV number since 2009. Since then I have changed my personal number 10-15 times. I never had to change my number in accounts and other places. They all have my GV number including all my contacts. I do not remember my own personal number now.
by nydoc
Tue Sep 08, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Dog Bite Case (for real - and I own the dog)
Replies: 56
Views: 7530

Re: Dog Bite Case (for real - and I own the dog)

Let the big dogs handle it.
by nydoc
Wed Sep 02, 2020 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Offered a 2nd job (contract) Any pitfalls?
Replies: 33
Views: 1696

Re: Offered a 2nd job (contract) Any pitfalls?

Almost all physicians have multiple jobs with different employers and also have their own practices. Your contract should be clear about your duty hours. Beyond that you are free to do whatever you want.
by nydoc
Mon Aug 31, 2020 7:18 pm
Forum: Personal Investments
Topic: Bond allocation
Replies: 10
Views: 1069

Re: Bond allocation

Stay the course. It’s true that bond yields are low now, and they will likely stay low for some time in the future. Of course nobody knows for how long, so what’s the alternative? The general wisdom is that you should only change your asset allocation if your need, willingness, or ability to take r...
by nydoc
Mon Aug 31, 2020 4:10 pm
Forum: Personal Investments
Topic: Bond allocation
Replies: 10
Views: 1069

Bond allocation

Hi,
We have 75:25 asset allocation with all bonds in 401K invested in total US bond index. Recently there have been a lot of discussion about bonds. Is our bond allocation still right or should we change it to something else?
Thanks.
by nydoc
Thu Aug 27, 2020 10:08 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 353
Views: 22965

Re: [On-going Scams - Post them here]

These days I answer these calls and once the real scammer comes to the phone I hand my phone to my two year old daughter. It keeps her entertained for a couple of minutes before the scammer hangs up.
by nydoc
Mon Aug 24, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Housing decision
Replies: 20
Views: 2006

Re: Housing decision

Staying with family and teaching my daughter ourselves everyday are main priorities for me. Looks like verdict is clear- stay put.
by nydoc
Sun Aug 23, 2020 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Housing decision
Replies: 20
Views: 2006

Re: Housing decision

Thanks for everyone’s replies. Current commute is 2 mins walking. We see our friends and families living in suburbs with large houses, big yards and pool and feel like are we missing something? But at the same time, if we move to suburb now I only be home just for sleeping that too not for every nig...
by nydoc
Sun Aug 23, 2020 10:06 am
Forum: Personal Investments
Topic: Need serious help
Replies: 32
Views: 3168

Re: Need serious help

How much of 750K is for down payment? This money needs to be in cash equivalents form anyway. If there is not much left after that you can invest that at 60:40 allocation and get used to it slowly.
by nydoc
Fri Aug 21, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Housing decision
Replies: 20
Views: 2006

Re: Housing decision

It’s a bad school area in Brooklyn. Safe otherwise. Suburbs are at least 45 min to an hour drive one way. We can send our daughter to a private Montessori school for first few years. For comparison- if we move now I will be away from home from 6 AM today to 6 PM next day 9 times a month.
by nydoc
Fri Aug 21, 2020 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Housing decision
Replies: 20
Views: 2006

Housing decision

Hi, Need some advice about housing situation. We were looking for a house then put it on hold due to covid. We moved to a house close to my workplace hospital. Now I am liking this situation a lot. I can stay home while on call, go home in between surgeries to have lunch etc. Family is happy too. I ...
by nydoc
Sun Aug 16, 2020 8:39 pm
Forum: Personal Consumer Issues
Topic: Products that last forever
Replies: 238
Views: 15614

Re: Products that last forever

My acer laptop. Bought in 2014. Still going strong considering it’s a windows laptop.
by nydoc
Sat Aug 15, 2020 10:45 am
Forum: Personal Consumer Issues
Topic: Driving Boston to Nashville
Replies: 51
Views: 2617

Re: Driving Boston to Nashville

I have driven both for multiple times. Do not take WV route. Hilly and winding route which will be a problem.
by nydoc
Wed Aug 12, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: What is the big deal with RobinHood accounts???
Replies: 75
Views: 8033

Re: What is the big deal with RobinHood accounts???

I opened my Robinhood account when it was the only one offering free trades. I use it for my fun money.
by nydoc
Tue Aug 04, 2020 8:31 pm
Forum: Personal Consumer Issues
Topic: Portable AC/dehumidifier
Replies: 9
Views: 798

Portable AC/dehumidifier

Hi,
We just moved into a new rental house with a finished basement which lacks heating or cooling. Do you have any suggestions about a combined portable air conditioner and dehumidifier for the basement?
Thanks.
by nydoc
Sat Aug 01, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: best mesh wifi system on the market?
Replies: 50
Views: 3605

Re: best mesh wifi system on the market?

Will a mesh wifi system work with FIOS router? I have a router in lower level but get spotty signal in back of the house.
by nydoc
Sun Jul 19, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Give new doctor a SSN?
Replies: 86
Views: 7218

Re: Give new doctor a SSN?

That’s exactly why I joined hospital employment. By law I am forced to see my postoperative patients even if they don’t pay anything. Now billing is hospital’s headache and they are certainly better then I in collecting these. I get my salary, on call pay and bonus on time. In fact my income is much...
by nydoc
Tue Jul 14, 2020 8:13 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 16751

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

How did Vanguard Workers Union agree for this? Oh wait- union is the bad word.
by nydoc
Tue Jul 14, 2020 7:52 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 16751

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

It’s already happening in medicine. Radiology has been outsourced. Low cost NPs and PAs replacing drs. Soon surgeons will be replaced with robotic surgeons sitting somewhere else. Capitalism at its best.
by nydoc
Tue Jul 14, 2020 7:44 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard partners with Infosys for Defined Contribution recordkeeping]
Replies: 265
Views: 16751

Re: Vanguard laying off 1300 employees as part of outsourcing deal with Infosys

Whatever keeps the cost low. My brother works in Infosys. As per him, knowledgeable problem solving IT workers are rare both in India and US.
by nydoc
Tue Jul 14, 2020 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Wife's new job, pregnancy leave
Replies: 50
Views: 3648

Re: Wife's new job, pregnancy leave

Take full leave. No one is forcing the company to grant 6 months leave. If they have the policy that means they can afford it easily and use this to attract talent and that is you.
by nydoc
Wed Jul 08, 2020 11:50 am
Forum: Personal Consumer Issues
Topic: I sold my boat today
Replies: 20
Views: 4032

Re: I sold my boat today

Looks like living on the lake is fun. Now I need to find a lake in NYC area first.
by nydoc
Mon Jul 06, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Management Strategies - Entrenched Bad Staff
Replies: 23
Views: 1869

Re: Management Strategies - Entrenched Bad Staff

Keep moving up in your career and soon you will forget about those lazy suckers. Remember you can not change the work culture. Change your job and move to a better place.
by nydoc
Sun Jul 05, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: What’s important and what’s not?
Replies: 17
Views: 1787

What’s important and what’s not?

Hi, I have started to get busier at my work with commensurate increase in my income. I used to fuss over every expense but have realized that it’s taking a lot of my time which K could instead use for my family and career. Example- looking around for a modem or router instead of just getting one fro...
by nydoc
Tue Jun 30, 2020 8:56 pm
Forum: Personal Consumer Issues
Topic: Landlord expectations: Rats in the yard
Replies: 80
Views: 5751

Re: Landlord expectations: Rats in the yard

Visit NYC. I will take you to A train from uptown to Howard beach. All fear of rats will be gone. It will only cost you $2.75.
by nydoc
Tue Jun 30, 2020 8:52 pm
Forum: Personal Consumer Issues
Topic: Elementary school in Fall - choose Virtual or In-person
Replies: 120
Views: 8565

Re: Elementary school in Fall - choose Virtual or In-person

Any gathering indoors will cause virus to spread. School will shut down again. No easy answers here. Classes need to happen in open which is not possible in cold climates. Do online classes until we have a widely available effective vaccine.
by nydoc
Mon Jun 08, 2020 9:36 pm
Forum: Personal Investments
Topic: Did I make a profit by rebalancing?
Replies: 1
Views: 323

Did I make a profit by rebalancing?

Hi, I have been investing in total stock index fund every Tuesday and Friday for the past few years. My target allocation is 75:25. During the recent market slide, my allocation changed to 68:32 so I rebalanced by converting bond to stock fund in my 401K. Meanwhile I kept buying total stock in my ta...
by nydoc
Wed May 20, 2020 2:40 pm
Forum: Investing - Theory, News & General
Topic: Healthcare post COVID-19
Replies: 66
Views: 6560

Re: Healthcare post COVID-19

Deleted
by nydoc
Fri May 15, 2020 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12633

Re: Selling home - low ball negotiation

We had an accepted offer for 17% less than asking price. However, there is too much uncertainty right now especially in NYC and surround suburbs so we are not moving forward with the purchase.
by nydoc
Mon May 11, 2020 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Unhappy with job (MD) - need perspective
Replies: 27
Views: 4447

Re: Unhappy with job (MD) - need perspective

Don’t get fooled by benefits. I am a full time employed physician in US. I get 5 weeks vacation, 10 days CME, 2 weeks sick leave, 8 public holidays, 401K match, 1 week parental leave too. Fact is salary in Europe is too low for a physician and if you really want to be paid for your efforts you shoul...
by nydoc
Sat May 09, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10136

Re: $2 million dollar house pre requisites

You are probably confusing bogleheads with MMF. True bogleheads plan for 2 million house too while making sure retirement, 529 and everything else are fully funded too.
by nydoc
Sat May 09, 2020 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10136

Re: $2 million dollar house pre requisites

Can only give you my perspective. We planned to buy a house in one to the best NYC suburbs school districts with 25% downpayment and aimed to pay no more than 25% of net base salary for PITI expenses. We just signed contract for a house after seller reduced price about 17%.
by nydoc
Tue May 05, 2020 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Title insurance policy
Replies: 17
Views: 962

Re: Title insurance policy

I will purchase it. However, I want to buy it directly (from Radian or something similar) and not from attorney's title handling and insurance company. No attorney in this area is willing to work without a title insurance company they want to work with. Obviously they get a big commission from the t...
by nydoc
Tue May 05, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Title insurance policy
Replies: 17
Views: 962

Title insurance policy

Hello:
We are about to purchase a property in NY state. I will have to buy a lender's title insurance policy. But do I must buy owner's title insurance now? Can it be purchased in future after closing? Can i totally skip it?
Thanks.
by nydoc
Fri Feb 28, 2020 8:54 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50755

Re: Who's buying today? where's all the "dry powder" folks at? :)

I am 38. Have a good stable job with good income. Why will I bother about market timing? Even if my investment portfolio hits zero I will have enough to survive and maintain the same life style. So I keep buying.
by nydoc
Fri Feb 28, 2020 8:28 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50755

Re: Who's buying today? where's all the "dry powder" folks at? :)

I bought all this week. First with my scheduled $2500 weekly taxable buy. Then I bought more today by selling taxable bonds portfolio. I am ready to keep buying until S&P hits zero.
by nydoc
Mon Feb 24, 2020 5:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20240
Views: 2763781

Re: U.S. stocks in free fall

Glad to see so many market timers. That means passive stay the course investment will keep its edge for now. I pray for more and more market timing by others. Amen.
by nydoc
Mon Feb 24, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20240
Views: 2763781

Re: U.S. stocks in free fall

‘Nice plan. For the future you may want to consider ITOT, now that all brokerages allow free ETF trading. Maintains Total Market exposure while following a different index so no wash sale risk IMHO. Who knows, maybe you'll get a chance to harvest both your VTI and your new VV in to ITOT within the n...
by nydoc
Mon Feb 24, 2020 12:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20240
Views: 2763781

Re: U.S. stocks in free fall

Today was my scheduled day to buy VTI. I switched to VV in case it turns out to be a nice TLH opportunity. Otherwise nothing new.
by nydoc
Mon Feb 24, 2020 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Personal disability insurance for dentists and surgeons
Replies: 28
Views: 1744

Re: Personal disability insurance for dentists and surgeons

If you have sufficient assets to live up on, you dont need any of these things. Until then you should have it. I have own occupation (defined as surgeon doing surgeries in operating room) policy which will pay out 15K per month. I dont need more. In fact, as our assets grow, will bring down the payo...
by nydoc
Sun Feb 23, 2020 7:11 pm
Forum: Personal Consumer Issues
Topic: Relocating back east / Fair Lawn, NJ / Are we crazy?
Replies: 104
Views: 6780

Re: Relocating back east / Fair Lawn, NJ / Are we crazy?

As an immigrant we are willing to pay a premium to live in a diverse and safe town. That is the reason for higher prices for many towns around NYC. It might appear very blunt but many immigrants want to avoid predominantly white schools district for fear of drug problem.
by nydoc
Thu Feb 20, 2020 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Getting through to Equifax
Replies: 38
Views: 2433

Re: Getting through to Equifax

Equifax is horrible. Do everything to permanently unfreeze the credit file with them so you don’t have deal with them again. Keep an close eye on your credit profile and hope for the best.
by nydoc
Thu Feb 13, 2020 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 125
Views: 13777

Re: Apple Card

I got apple card yesterday. For 2% cashback I will use this in stead of my citi card. There was an error with delivery zipcode. They fixed it over text message instantaneously. Compare that to staying on hold with citi customer care. BTW how much can I make by melting that titanium card?
by nydoc
Mon Feb 10, 2020 7:10 pm
Forum: Personal Investments
Topic: 401K replacement
Replies: 2
Views: 193

401K replacement

Hi,
My current 401K options are all horrible with minimum ER of 1.5%. We do not get any match. How do we replace 401K using my taxable account? By the end of the year I may join another part time job with good 401K access.
Thanks.