Search found 135 matches

by familythriftmd
Wed Oct 21, 2020 1:09 pm
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

So for this next year, besides cash-flowing into my various existing accounts, I will be:
-contributing to my roth (backdoor fashion)
-contributing to my wife's roth, also backdoor
-starting VTIAX

Which one do you think I should do first?
by familythriftmd
Tue Oct 20, 2020 1:39 pm
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 76
Views: 4941

Re: Running Linux vs Other OS?

lostdog wrote: Tue Oct 20, 2020 10:49 am I run Lubuntu. Lightweight and fast.

https://lubuntu.me/
It's my favorite. I've tried SUSE, Ubuntu, Xubuntu, and Mint (MATE I think?), but Lubuntu is my favorite, especially with the new LXQT rather than LXDE.
by familythriftmd
Tue Oct 20, 2020 11:42 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 508
Views: 66288

Re: What lifestyle creep made you happier?

TomatoTomahto wrote: Mon Jul 06, 2020 11:56 am
jimmy2040 wrote: Mon Jul 06, 2020 11:10 am Technivorm coffee makers
Freshly roasted coffee beans.
+1 and a good grinder
I did that for about 2 bags and then I went back to the ALDI $4 coffee lol
by familythriftmd
Mon Oct 19, 2020 3:23 pm
Forum: Personal Investments
Topic: DCA or one-timer into backdoor Roth TD?
Replies: 15
Views: 978

Re: DCA or one-timer into backdoor Roth TD?

I'm a doctor, but you probably already have heard that doctors are dumb with money, especially those who are W-2. I'm working on it, though! But you guys/gals have more important things than investments to think about each working day. You would probably also like the White Coat Investor website wh...
by familythriftmd
Mon Oct 19, 2020 9:44 am
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

Bubble hockey takes up a lot less space and is way more fun. :) We have that and foosball in our game room. Didn't really have room for pool or table tennis. Oooh... bubble hockey... I loved that game... But those are kind of expensive... True. Ping pong much cheaper. Unless you count the cost of a...
by familythriftmd
Mon Oct 19, 2020 9:22 am
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

mak1277 wrote: Mon Oct 19, 2020 8:45 am I would argue for a pool table because I think being a competent/good pool player is a much more useful life skill than saying the same about ping pong. But otherwise, yes, get it.
Interesting thought, but why is it that you find it more useful in life to be good at pool?
by familythriftmd
Mon Oct 19, 2020 8:12 am
Forum: Personal Consumer Issues
Topic: Convince us to buy our first luxury car!
Replies: 157
Views: 7836

Re: Convince us to buy our first luxury car!

28yo. s/o and I have been living frugally last two years, maxing our retirement accounts and have 12 months emergency fund saved up. We’ve been driving a sedan with >220,000 miles for 10 years now and have been considering buying a new car for almost a year. We make gross >$250k combined and feel l...
by familythriftmd
Mon Oct 19, 2020 8:08 am
Forum: Personal Consumer Issues
Topic: Resources For Learning Linux
Replies: 8
Views: 490

Re: Resources For Learning Linux

Hi all, Inspired by a recent LInux thread. What is a good resource to learn Linux beyond just beginner level? I've had stints in Manjaro and Mint and after several months, I ran into major problems with the OS that I couldn't resolve. I really want to stay with Linux and leave Windows behind, but I...
by familythriftmd
Mon Oct 19, 2020 7:09 am
Forum: Personal Investments
Topic: DCA or one-timer into backdoor Roth TD?
Replies: 15
Views: 978

Re: DCA or one-timer into backdoor Roth TD?

celia wrote: Mon Oct 19, 2020 1:46 am ...
I'm a doctor, but you probably already have heard that doctors are dumb with money, especially those who are W-2. I'm working on it, though!

I do know that there is no account called backdoor Roth, but that it's a process.

Thanks for your help.
by familythriftmd
Mon Oct 19, 2020 7:08 am
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

I see that several have mentioned Craigslist and FB. I don't know if it's me being in a rural area or what, but I've had no success on that front. As to space, we have a pretty good allotment from a square footage perspective. Actually my only concern is the vertical height - I don't want to bust a ...
by familythriftmd
Sun Oct 18, 2020 8:50 pm
Forum: Personal Consumer Issues
Topic: Items that are worth the money for the quality
Replies: 373
Views: 21912

Re: Items that are worth the money for the quality

lessismore22 wrote: Sun Oct 18, 2020 8:35 pm Traeger grills.
John Deere riding lawn mowers.
I was wondering about Traeger if maybe the price vs. value ratio is a little overheated, shall we say? har har
by familythriftmd
Sun Oct 18, 2020 8:49 pm
Forum: Personal Consumer Issues
Topic: Windows 10 very slow (2 year old Dell Desktop)
Replies: 58
Views: 2776

Re: Windows 10 very slow (2 year old Dell Desktop)

You just proved a bunch of people’s points about Mac versus PC in another thread! :D A sample size of one doesn't prove anything. Worse, there's no control to show a 2 year old Mac would be any faster. Like I said, my iMac is slow, so I would like to be the n of 1 on the other side of the fence. We...
by familythriftmd
Sun Oct 18, 2020 8:45 pm
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

Bubble hockey takes up a lot less space and is way more fun. :) We have that and foosball in our game room. Didn't really have room for pool or table tennis. A quick google search makes me think that this would make it harder [edit: for me ] to live like a resident as you suggest. 2k? Holy moly! *I...
by familythriftmd
Sun Oct 18, 2020 7:54 pm
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

My wife and I both enjoy playing, so ostensibly it will get used even when the kids are going through less-interested phases.
by familythriftmd
Sun Oct 18, 2020 7:18 pm
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 76
Views: 4941

Re: Running Linux vs Other OS?

Ubuntu 16 on a dell that previously ran Windows. I've used Mac before and Windows before. Wanted to learn more about computers, coding and networking so I made my primary computer linux. I think it has helped. I admit that the picture management is better on the Mac. Changed my laptops to Ubuntu as...
by familythriftmd
Sun Oct 18, 2020 7:14 pm
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

... Do you have kids? There were five kids in our family, mostly teenagers and all with friends. The neighborhood had lots of kids and our basement was a popular hangout. The ping pong table got lots of use as did an old refurbished pinball machine. The table made a nice big and roomy place for wor...
by familythriftmd
Sun Oct 18, 2020 6:28 pm
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 76
Views: 4941

Re: Running Linux vs Other OS?

Windows: Pros: Most Software/Games, Cons: Virus/Malware, Clunky UI Mac: Pros: Smooth OS, Better UI Cons: Limited Software Linux: Pros: Most Secure Cons: Least Popular Anyone have any other input, especially with running Linux? Looking to build a PC or NUC. The Mac Mini is almost 4 years old so deba...
by familythriftmd
Sun Oct 18, 2020 6:28 pm
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 76
Views: 4941

Re: Running Linux vs Other OS?

I am moving away from Windows to Ubuntu. Successfully got some WIndows software on Ubuntu with Wine. I like it. My computer is 10 years of which hardware not supported to run Windows 10. I still have a laptop that has Windows 10 which I rarely use. Compared to Windows, Ubuntu is better on reliabili...
by familythriftmd
Sun Oct 18, 2020 6:23 pm
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

Bubble hockey takes up a lot less space and is way more fun. :) We have that and foosball in our game room. Didn't really have room for pool or table tennis. A quick google search makes me think that this would make it harder [edit: for me ] to live like a resident as you suggest. 2k? Holy moly!
by familythriftmd
Sun Oct 18, 2020 6:20 pm
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Re: Should I get a ping pong table?

Will you use it? That’s a question only you can answer. Wow! I did not expect such robust responses. If only I could get such traction in the other subforums when I start threads, haha. So yes, I do like playing ping pong (or table tennis FWIW). I played it all the time in our med school lounge (ma...
by familythriftmd
Sun Oct 18, 2020 12:48 pm
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 76
Views: 4941

Re: Running Linux vs Other OS?

Bump. This seems to be the most recent thread? Sorry if I internally googled wrong.

I am dual-booting Lubuntu and Windows 10 on a Lenovo Thinkpad x220t tablet. Lubuntu works great! I especially like the Lubuntu switched from LXDE to LXQt desktop environment.
by familythriftmd
Sun Oct 18, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: Windows 10 very slow (2 year old Dell Desktop)
Replies: 58
Views: 2776

Re: Windows 10 very slow (2 year old Dell Desktop)

And youtube has a bunch of videos about this, as well. About how to speed up your Windows 10.
by familythriftmd
Sun Oct 18, 2020 11:47 am
Forum: Personal Consumer Issues
Topic: Should I get a ping pong table?
Replies: 67
Views: 3133

Should I get a ping pong table?

We have a nice partially-finished basement with room for table tennis. A decent family-grade table sells for about 350-400 on Amazon (Stiga). Has anyone bought one of these and found them to be a white elephant, or has it been great for you? I do live in Wisconsin, so finding warmer things to do for...
by familythriftmd
Sun Oct 18, 2020 11:09 am
Forum: Personal Consumer Issues
Topic: Windows 10 very slow (2 year old Dell Desktop)
Replies: 58
Views: 2776

Re: Windows 10 very slow (2 year old Dell Desktop)

You just proved a bunch of people’s points about Mac versus PC in another thread! :D A sample size of one doesn't prove anything. Worse, there's no control to show a 2 year old Mac would be any faster. Like I said, my iMac is slow, so I would like to be the n of 1 on the other side of the fence.
by familythriftmd
Sun Oct 18, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Windows 10 very slow (2 year old Dell Desktop)
Replies: 58
Views: 2776

Re: Windows 10 very slow (2 year old Dell Desktop)

I'm looking for ways to speed up our Dell insprion i5 desktop which we bought just over 2 year ago. Although it varies (some times a good bit faster than others) in general it's very slow with everything: opening a webpage, opening an Office file, even typing this post at times is fine and at times...
by familythriftmd
Sun Oct 18, 2020 7:29 am
Forum: Personal Investments
Topic: DCA or one-timer into backdoor Roth TD?
Replies: 15
Views: 978

Re: DCA or one-timer into backdoor Roth TD?

However, I would think it would be a lot easier and less likely to cause trouble if I moved over the funds immediately after the money hits the settlement fund in the TIRA, right? Certainly. You can convert the day after the contribution is made, although there might be a time delay if the settleme...
by familythriftmd
Sat Oct 17, 2020 6:02 pm
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

If you do want to swap cash for bonds in your taxable EF, don’t just assume you’re better off with a tax exempt bond fund. Before you buy tax exempt bonds, calculate the tax equivalent yield . Vanguard says VWSTX has a 7-day SEC yield of 0.33% while their total bond fund VBTLX has a yield of 1.16%....
by familythriftmd
Sat Oct 17, 2020 11:27 am
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

Realize that the term "fee-only advisor" is used differently by different people. When I started in practice, our retirement fund was run by such an advisor. They charged a very "reasonable 1% fee" to run our individual retirement accounts. Pitched to us that this was in our best interests, since i...
by familythriftmd
Sat Oct 17, 2020 11:25 am
Forum: Personal Investments
Topic: not entirely new, but knowledge is power right?
Replies: 26
Views: 1827

Re: not entirely new, but knowledge is power right?

... As to debt, I don't understand your question. High interest debt should be paid off asap. Low interest debt, like a mortgage or some student loans, can be held longer, with the priority of filling up retirement accounts first before paying off low interest debt. Some here like to pay off all de...
by familythriftmd
Sat Oct 17, 2020 10:51 am
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

... [trimmed for brevity sake] Thanks. One takeaway from what you said is to potentially go 80/20 or so. I'll have to think about it though, and not until I put it in writing in my IPS. One way to do that would be to change the TDs to 2050 or 2055, and another would be to do a long-term muni bond f...
by familythriftmd
Sat Oct 17, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4667
Views: 1287445

Re: What Book Are You Currently Reading? Part VI

I found The Greatest Story Ever Told at one of the little free libraries. Published back in the 60s, I think. It is just OK. The prose is a little bit folksy, and yet the diction is rather advanced, so kind of an odd juxtaposition.
by familythriftmd
Sat Oct 17, 2020 8:44 am
Forum: Personal Consumer Issues
Topic: iPhone SE 2020 or iPhone 12 Mini?
Replies: 126
Views: 8425

Re: iPhone SE 2020 or iPhone 12 Mini?

Personally, I'm really happy with my SE, so I wouldn't really be interested in paying the $300 premium. Now I have $300 to buy anything else, or invest since this is BH after all.
by familythriftmd
Sat Oct 17, 2020 8:24 am
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

I wouldn't consider tax-exempt bonds until your mortgage is take care of. Doubt you are going to beat a guaranteed 3.25% after tax return aka your mortgage with bonds unless interest rates climb significantly higher. Going 90% (or even 100%) equities while aggressively paying down your mortgage is ...
by familythriftmd
Sat Oct 17, 2020 6:39 am
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

Few generic points. Maybe doesn’t answer all your points, but some may be useful. 1. You’re ahead of the curve since you are on this website. I spent years doing stupid things with my portfolio, right out of my fellowship . Important: do NOT ever hire a financial advisor . 2. In my opinion, the sto...
by familythriftmd
Sat Oct 17, 2020 6:13 am
Forum: Personal Investments
Topic: DCA or one-timer into backdoor Roth TD?
Replies: 15
Views: 978

Re: DCA or one-timer into backdoor Roth TD?

I plan to do a TIRA to Roth conversion sometime in the January/February timeframe for me and then again for the wife maybe in early summer... When doing a Backdoor Roth , I assume you are aware that the TIRA should be empty at the end of the year of any conversion, so you can avoid the pro rata rul...
by familythriftmd
Fri Oct 16, 2020 8:25 pm
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

I was just listening to an old BH podcast with Larry Swedroe. He was recommending having less cash in the bank and replacing that AA with some short-term bonds. What would you think if I decreased the cash in bank and replaced say 10-20k of it with short-term bond funds, like VWSTX? I’d say that th...
by familythriftmd
Fri Oct 16, 2020 5:06 pm
Forum: Personal Investments
Topic: DCA or one-timer into backdoor Roth TD?
Replies: 15
Views: 978

Re: DCA or one-timer into backdoor Roth TD?

Thanks for the input! Since it is a 30-40 year time horizon for me, DCA in one year does seem a little ridiculous, now that I think about it. DCA is always ridiculous when you really think about it. Take these two situations: Bob is given $1M in an inherited IRA all in cash, all at once. Jeff has $...
by familythriftmd
Fri Oct 16, 2020 12:54 pm
Forum: Personal Investments
Topic: new physician out of residency portfolio build
Replies: 19
Views: 1801

Re: new physician out of residency portfolio build

I was just listening to an old BH podcast with Larry Swedroe. He was recommending having less cash in the bank and replacing that AA with some short-term bonds. What would you think if I decreased the cash in bank and replaced say 10-20k of it with short-term bond funds, like VWSTX?
by familythriftmd
Fri Oct 16, 2020 8:53 am
Forum: Personal Investments
Topic: S&P Index vs Total Market
Replies: 20
Views: 2248

Re: S&P Index vs Total Market

Pick whatever one has the smaller expense ratio. The total market is much more diversified. Personally, I like the S&P 500 because it is "self cleansing", meaning only the winners stay in and poor performers get booted eventually. Long term performance wise there has not been much difference. You s...
by familythriftmd
Thu Oct 15, 2020 6:54 pm
Forum: Personal Investments
Topic: HSA AA for near-term orthodontia
Replies: 29
Views: 1473

Re: HSA AA for near-term orthodontia

I do 50% SCHB (Total stock) and 50% SCHZ (total bond) in my HSA. And i use it to pay health expenses. I have zero faith that the government is going to allow me to save receipts and offset costs in 20-30 years. Zero chance. Thanks for your input. Do you then just divest whatever happens to be doing...
by familythriftmd
Thu Oct 15, 2020 6:50 pm
Forum: Personal Investments
Topic: DCA or one-timer into backdoor Roth TD?
Replies: 15
Views: 978

Re: DCA or one-timer into backdoor Roth TD?

Thanks for the input! Since it is a 30-40 year time horizon for me, DCA in one year does seem a little ridiculous, now that I think about it.
by familythriftmd
Wed Oct 14, 2020 1:07 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10074

Re: How do Bogleheads cope with not beating the market?

Isn't it nearly impossible to not beat the market over the long haul with a good Bogle-style 3-fund portfolio? Keeping costs low and staying diversified and limiting transactions allows for great compounding. In fact, if what you own is index funds, then you are owning the market, anyway.

-FTMD
by familythriftmd
Thu Oct 08, 2020 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Would you rather be the richest or poorest person in town?
Replies: 109
Views: 7899

Re: Would you rather be the richest or poorest person in town?

To be perfectly honest, as I was approaching retirement we were thinking about whether to pursue the strategy of moving to a place with a lower cost of living. I literally did the thing of writing down pros and cons in two columns. One of the things in the "stay" column was that our income in retir...
by familythriftmd
Thu Oct 08, 2020 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Would you rather be the richest or poorest person in town?
Replies: 109
Views: 7899

Re: Would you rather be the richest or poorest person in town?

...A or B...? What do the bogleheads think? Oh gosh, town A seems like the real dream. I can't see anything wrong with it, although I'm not sure why you would feel so inclined to get literally the most expensive house there. Surrounding yourself with conspicuous consumption may have an infectious i...
by familythriftmd
Tue Oct 06, 2020 7:32 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 326
Views: 281307

Re: Please Try Out Test Posts Here

familythriftmd wrote: Tue Oct 06, 2020 7:31 pm index.php
by familythriftmd
Tue Oct 06, 2020 7:30 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 326
Views: 281307

Re: creating a table

Testing creating a table. Hit the Code button, paste the table, then hit the Code button again. Returns as of 01/31/2007 1 Year 5 Year 10 Year --------------------------- Admiral Trsy Money Mkt 4.80% 2.34% 3.67% Federal Money Mkt Fund 4.90% 2.32% 3.72% Prime Money Mkt Fund 4.98% 2.35% 3.77% Treasur...
by familythriftmd
Mon Oct 05, 2020 9:43 am
Forum: Personal Investments
Topic: need a reality check
Replies: 25
Views: 2806

Re: need a reality check

I believe 100% in this sites philosophy. Long term index fund investing...always buying / never selling and I am happy with my portfolio being 100% VFIAX at age 38 However, lately I been getting urges to buying some single stocks for a quick fix and even worse off I even thought about day trading -...
by familythriftmd
Mon Oct 05, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Which commuting route is, financially speaking, better?
Replies: 23
Views: 1949

Re: Which commuting route is, financially speaking, better?

Sounds like a Hobson's choice to me! (Edit: I think I used the wrong term)

Whatever seems less straining seems like the cheaper route. If the route that saves you $5 increases your risk of alcoholism, depression, or divorce, then I can say with certainty to not pick that one!