Search found 51 matches

by Gabelli2020
Wed Jan 20, 2021 11:02 pm
Forum: Personal Consumer Issues
Topic: Buying a Car - TSLA OR Honda
Replies: 60
Views: 5602

Re: Buying a Car - TSLA OR Honda

Apples and oranges. I am on my third Odyssey (2015) , and also have a 100d model S. Trips out of town, taking my three dogs, or skiing- take the Odyssey. Anything else, the Tesla. I won’t buy another Odyssey until they match the Sienna’s 4 wd and hybrid drive chain, or at least have a plug-in option.
by Gabelli2020
Mon Jan 18, 2021 9:57 pm
Forum: Investing - Theory, News & General
Topic: Portfolio calculator
Replies: 5
Views: 839

Re: Portfolio calculator

Thanks.
by Gabelli2020
Sun Jan 17, 2021 5:43 pm
Forum: Investing - Theory, News & General
Topic: Portfolio calculator
Replies: 5
Views: 839

Portfolio calculator

What online portfolio calculator(s) are you using, recommend? I like the Monte Carlo simulation on portfolio visualizer, but am looking for alternatives. Most sites are overly simple, and don’t allow input of asset allocation, and don’t use historic returns.
by Gabelli2020
Fri Jan 15, 2021 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with gold coins? Help me decide.
Replies: 44
Views: 3088

Re: What to do with gold coins? Help me decide.

Put it in your safe deposit box with the wills. A mini treasure chest for the kids after your demise.
Your handle predicts that you will sell it, buy bitcoin and lose all. ( tribute to most investment decisions of my fellow docs )
by Gabelli2020
Sun Jan 10, 2021 9:26 pm
Forum: Personal Consumer Issues
Topic: Tesla [car] purchase any significant downside?
Replies: 150
Views: 9203

Re: Tesla [car] purchase any significant downside?

I bought a Model S 100d in June of 2018. Range 335 miles. 107 K out the door, 7500 tax credit. Now, 2+ years later, you can get a better car, with almost 400 mile range for mid 60s. It has been a phenomenal car for me. Minor issues have been door handle malfunction, and ac not cold enough- both quic...
by Gabelli2020
Tue Dec 29, 2020 11:51 am
Forum: Personal Consumer Issues
Topic: What kind of bike and where to get it - 2021 edition
Replies: 53
Views: 3492

Re: What kind of bike and where to get it - 2021 edition

Electra Townie. ( this is not an e-bike, despite the name).The best selling bike in the USA for the last several years. Super comfortable, reasonably fast, very well built. You can get single speed, 3, 7 , or 21 speed versions. Trails or road worthy. I’m an old road biker, but I don’t even take my d...
by Gabelli2020
Tue Dec 22, 2020 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2397
Views: 546011

Re: Share your net worth progression

1984 $11,000 1986 $75,000 ($40,000 inheritance) 1987 $100,000 1990 $500,000 ( bought a condo for $88,000 cash, no longer a renter) 1993 $1000,000 ( built house for $400,000 cash, rented out the condo) 1999 $3,500,000 ( I remember telling my accountant that we should all go to gold, just before the ...
by Gabelli2020
Mon Dec 21, 2020 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2397
Views: 546011

Re: Share your net worth progression

1984 $11,000 1986 $75,000 ($40,000 inheritance) 1987 $100,000 1990 $500,000 ( bought a condo for $88,000 cash, no longer a renter) 1993 $1000,000 ( built house for $400,000 cash, rented out the condo) 1999 $3,500,000 ( I remember telling my accountant that we should all go to gold, just before the c...
by Gabelli2020
Sun Dec 20, 2020 9:40 pm
Forum: Personal Investments
Topic: Portfolio Review: 26 y/o pivoting to med school from software
Replies: 49
Views: 3200

Re: Portfolio Review: 26 y/o pivoting to med school from software

Here’s my 2 cents. I retired from surgery 5 years ago at 59. Certain personalities thrive in medicine, and are the great MDs like Fauci. Others are avaricious Jerks that we all know. I was very fortunate, graduated high school at 17, undergraduate at 20, med school at 24. The Starting age of my med ...
by Gabelli2020
Sat Dec 12, 2020 1:35 pm
Forum: Personal Investments
Topic: Adding international to 100% stocks
Replies: 31
Views: 2141

Re: Adding international to 100% stocks

40% + of the S&P profits derive from international exposure. No need to buy “international “ unless you’re betting on currency fluctuation.
by Gabelli2020
Thu Dec 10, 2020 7:33 pm
Forum: Personal Consumer Issues
Topic: Oatmeal -- figuring out what I bought earlier
Replies: 71
Views: 6246

Re: Oatmeal -- figuring out what I bought earlier

Coach’s Oats- Costco. Whole milk, dash of salt. Boil, then 5 minutes stove top. Add blueberries and teaspoon of honey. You will live to be 100!
by Gabelli2020
Thu Dec 10, 2020 7:12 pm
Forum: Personal Consumer Issues
Topic: Where to Retire?
Replies: 262
Views: 23514

Re: Where to Retire?

I worked in central Florida for 30 years before retiring to a combination of Sarasota and Louisville, Colorado ( near Boulder). Much prefer Colorado now- sold Florida house. Florida has changed greatly for the worst over the last 30 years- unbridled growth, influx of Northeasterners, pollution (cons...
by Gabelli2020
Thu Dec 10, 2020 12:03 am
Forum: Personal Finance (Not Investing)
Topic: What should a 23 year old consider before purchasing a Tesla?
Replies: 264
Views: 13340

Re: What should a 23 year old consider before purchasing a Tesla?

I bought a Tesla Model S 100D a little over 2 years ago. The cash price was $107,000 ( but I got $7500 back as tax credit). My range is 335 miles. I have had it in for 2 minor repairs- door handle issue and a/c not cold enough. You can get that same Model S for $64,000 now, with a 400 mile range. E...
by Gabelli2020
Mon Dec 07, 2020 9:12 pm
Forum: Personal Investments
Topic: High Cost of Medicare, Part B
Replies: 13
Views: 1628

Re: High Cost of Medicare, Part B

I knew it was coming, but I was shocked by my first Medicare bill $541.30. This, plus my Anthem medigap $117 and my WellCare part D premium $17. $8100 per year total! My prior BCBS ppo wasn’t much more. Granted the deductible is less with Medicare. When I was a house surgeon in New Zealand ( more th...
by Gabelli2020
Mon Dec 07, 2020 5:34 pm
Forum: Personal Investments
Topic: 60/40 at age 35?
Replies: 39
Views: 3301

Re: 60/40 at age 35?

You have done very well so far. I would echo the sentiments to invest in equities from now on. You have a good bond foundation, just don’t rebalance going forward.
by Gabelli2020
Sun Dec 06, 2020 12:08 pm
Forum: Personal Investments
Topic: Should I pay off my new house I'm building?
Replies: 30
Views: 2096

Re: Should I pay off my new house I'm building?

I likely am wrong about suggesting a financial and occupational coach/mentor. My guess is that you have been given good advice in the past- just choose to “go your own way.”
Good luck Doc!
by Gabelli2020
Sat Dec 05, 2020 9:10 pm
Forum: Personal Investments
Topic: Should I pay off my new house I'm building?
Replies: 30
Views: 2096

Re: Should I pay off my new house I'm building?

So, I was once a young plastic surgeon who started his first job in a city that I found undesirable, politics that were contrary to mine, no women to date, all for a big paycheck and promises. The difference is that your story sounds like a random pinball. Take things one step at a time. Do you have...
by Gabelli2020
Thu Dec 03, 2020 7:17 pm
Forum: Personal Investments
Topic: Short Tesla?
Replies: 93
Views: 6511

Short Tesla?

So who’s willing to go anti- Boglian to the max and do the obvious. Market capitalization of 562 billion with p.e. of 1,134!! I own a Tesla, but this is unsustainable. When it bursts fortunes will be made.
by Gabelli2020
Sun Nov 29, 2020 11:26 pm
Forum: Investing - Theory, News & General
Topic: Any reason to swap SWPPX for VFIAX?
Replies: 25
Views: 1355

Re: Any reason to swap SWPPX for VFIAX?

I’m not certain why there is so much confusion regarding the difference in dividend payout. Remember this is in a Taxable account. And yes, Schwab does dump all dividends into one ex- dividend date vs quarterly for VFIAX
by Gabelli2020
Sun Nov 29, 2020 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance- when did you cancel it?
Replies: 19
Views: 1703

Re: Disability Insurance- when did you cancel it?

At 59, I had a complicated course post prostatectomy. Recovered after MONTHS, then spinal stenosis hit and back surgeries. Retired after my surgery practice was just physically too difficult. My same occ. policy paid me 150K/year until 65- which I just hit. It made the transition to retirement just ...
by Gabelli2020
Sun Nov 29, 2020 4:19 pm
Forum: Investing - Theory, News & General
Topic: Any reason to swap SWPPX for VFIAX?
Replies: 25
Views: 1355

Re: Any reason to swap SWPPX for VFIAX?

You miss the point. Any capital gain paid now is theoretically less to invest now. I invest to never harvest, just live off dividends. Also, if Schwab pays dividends in one lump sum at year end, and you dividend reinvest, you’re betting on that NAV- better to smooth it out over 4 quarters . If you l...
by Gabelli2020
Sat Nov 28, 2020 6:24 pm
Forum: Investing - Theory, News & General
Topic: Any reason to swap SWPPX for VFIAX?
Replies: 25
Views: 1355

Re: Any reason to swap SWPPX for VFIAX?

I have held VFIAX and SWPPX for over 20 years on the vanguard side( before admirals were admirals) and over 15 years for SWPPX. I got hit with a 20K capital gain distribution from Schwab a few years ago, never on the Vanguard side( has to do with a proprietary exchange that Vanguard does between the...
by Gabelli2020
Tue Nov 24, 2020 5:38 pm
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 25
Views: 2064

Re: What Outlets in preparation for electric cars?

Normchad is right. I have a Tesla S with one 220 V Nema on the wall opposite the fuse box. I’m always tripping over the cord as are the dogs. A single centrally located plug is better. I can charge 7-8 % of total capacity per hour, so I rarely have it plugged in more than 6-7 hours every 3-4 days. I...
by Gabelli2020
Mon Nov 23, 2020 8:23 pm
Forum: Personal Consumer Issues
Topic: Tires for Tesla S
Replies: 2
Views: 489

Re: Tires for Tesla S

Great advice
by Gabelli2020
Sun Nov 22, 2020 10:12 pm
Forum: Personal Consumer Issues
Topic: Tires for Tesla S
Replies: 2
Views: 489

Tires for Tesla S

Tesla model S 2018. 100D.
Any tire recommendations or experience from Tesla owners? Live in Boulder, Colorado, but want all-season if possible.
by Gabelli2020
Sun Nov 22, 2020 10:04 pm
Forum: Personal Consumer Issues
Topic: "Buy once, cry once"
Replies: 132
Views: 12907

Re: "Buy once, cry once"

We have 3 big dogs. All furniture is old or soon to be old. My wife has never seen a side table she couldn’t water stain. Moving means calling Habitat.
by Gabelli2020
Sun Nov 22, 2020 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Happily retired but seriously considering going back to work
Replies: 78
Views: 6614

Re: Happily retired but seriously considering going back to work

I’m a retired surgeon (5 years). I wouldn’t trade one walk with my hounds and wife for any further time in the operating room.
by Gabelli2020
Sun Nov 22, 2020 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: What % of income do you make annual charitable contributions?
Replies: 18
Views: 949

Re: What % of income do you make annual charitable contributions?

3-5000 per year. About 1-2% of gross. Mostly St. Judes and multiple animal charities, all at least 4 star on Charity Navigator. No religious or affiliation with Any religion
by Gabelli2020
Sat Nov 21, 2020 5:12 pm
Forum: Personal Consumer Issues
Topic: New Traeger Pellet Grill - Super Excited!
Replies: 38
Views: 3113

Re: New Traeger Pellet Grill - Super Excited!

We purchased a Traeger last year. After the panel burned out (2 weeks after purchasing) , returned it for Kamado Joe, large size. We think the process and final outcome is much better for the Joe. Our neighbor has been cooking with a Traeger for the last 6 months, he’s now looking for a Kamado or Gr...
by Gabelli2020
Sat Nov 21, 2020 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected Medical Bill
Replies: 83
Views: 6106

Re: Unexpected Medical Bill

I’m a retired surgeon, and have been on the receiving end of this scenario- especially pathologists who are either out of network or non - preferred. It stinks. The system stinks. We physicians were, and are, a huge part of the problem. I usually argue with the billing department, and then offer a c...
by Gabelli2020
Sat Nov 21, 2020 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Umbrella: Significant Increase in Premium
Replies: 84
Views: 9448

Re: GEICO Umbrella: Significant Increase in Premium

We have a State Farm 2million dollar policy. 2 homes, primary in Fla. 3 cars , 500k limit. $684. Slightly high, but I’ve been with State Farm 50 years this year, and the auto rates are super low . USAA doesn’t even come close. I’ve never heard great things about GEICO - cancellations after claims an...
by Gabelli2020
Thu Nov 19, 2020 7:20 pm
Forum: Personal Investments
Topic: 22, new schwab roth ira. Needed some investment advise
Replies: 10
Views: 587

Re: 22, new schwab roth ira. Needed some investment advise

SWPPX or SCHB . Choose your poison ,but only one. I’ve had both of my boys in SWPPX since they were infants, with only occasional donations from me and relatives. One went to Stanford entirely on the proceeds, with 75K left over. The other has 300K+ , never went to college. Skip the internationals, ...
by Gabelli2020
Wed Nov 18, 2020 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance- when did you cancel it?
Replies: 19
Views: 1703

Re: Disability Insurance- when did you cancel it?

Pay the disability until you quit. Health surprises come at the worst times, and an additional 120K makes even a situation where you are fi much more comfortable. You’ve paid it thus far, what if? In the next 6mos.
by Gabelli2020
Wed Nov 18, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to take social security?
Replies: 161
Views: 15789

Re: Wait until 70 to take social security?

Chuckb84-I’m sorry you’re having the health issues- best of luck
As a newbie to the forum I just want to thank everyone who posted. Levels of expertise far above what I expected!
by Gabelli2020
Wed Nov 18, 2020 12:43 am
Forum: Personal Investments
Topic: What should the management fee be for bond ladder
Replies: 11
Views: 932

Re: What should the management fee be for bond ladder

I wouldn’t be a part of this forum if I were not a huge proponent of indexing, and specifically S&P, but my bond philosophy has drifted somewhat to the dark side. Possibly a result of too many advisors mantra that when a bond portfolio reaches a certain size, individual bonds are a much better c...
by Gabelli2020
Tue Nov 17, 2020 7:51 pm
Forum: Personal Investments
Topic: How to Plan for Medicare Costs 13 Years from Now?
Replies: 27
Views: 2546

Re: How to Plan for Medicare Costs 13 Years from Now?

Your base premium for Medicare part B is 144.60/ month. This assumes that your joint income is less than $174000 if you file jointly. The part B premium increases (see Medicare tables) all the way to $491.60 if your joint income exceeds $750K. Don’t forget part D which is the prescription benefit pr...
by Gabelli2020
Tue Nov 17, 2020 7:06 pm
Forum: Personal Investments
Topic: What should the management fee be for bond ladder
Replies: 11
Views: 932

What should the management fee be for bond ladder

I hold all of my portfolio at Schwab. Since 2015, my bond portion of my portfolio has been in a muni ladder, intermediate maturity managed by PIMCO. I pay 24 basis pts. What is a competitive management fee in these times of low interest rates?
69 bonds, high seven figures.
by Gabelli2020
Tue Nov 17, 2020 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Charter, NetJets, WheelsUp
Replies: 11
Views: 1813

Re: Charter, NetJets, WheelsUp

Lamar Hunt always flew coach, and so will I. (Except when I get a free upgrade via my United status)
by Gabelli2020
Mon Nov 16, 2020 7:34 pm
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 370
Views: 30979

Re: What is your age and asset allocation ?

I’m 65. Wife 60. Both retired

70% US Large Cap (55% S & P, 15% individual stocks)
2% international
4% Cash
24% Bond Ladder ( 70 munis managed by PIMCO)

Good luck
by Gabelli2020
Sun Nov 15, 2020 9:44 pm
Forum: Investing - Theory, News & General
Topic: first million [in your retirement portfolio]
Replies: 177
Views: 27141

Re: first million [in your retirement portfolio]

First 1m at age 34. Finished residency at 31, very lucrative initial job with no personal expenses. Sunk all of my earnings into Mutual Series when Michael Price was riding high. Exited when Heine Securities sold out, and went to VFIAX (before admirals were admirals). Retired at 59 with many multipl...
by Gabelli2020
Sat Nov 14, 2020 11:32 pm
Forum: Personal Investments
Topic: 100% S&P?
Replies: 65
Views: 6024

Re: 100% S&P?

I’m 65 and facing a similar issue. I’m 24 % munis 4% cash. I’ve always held 20-25% for sanity. Remembering Black Friday 87, dot com bust, and then 2009, not to mention this year’s hit, portfolio stability wins over “assumed” future growth , or loss. Also you may be comfortable with a 40-50% loss, bu...
by Gabelli2020
Sat Nov 14, 2020 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to take social security?
Replies: 161
Views: 15789

Wait until 70 to take social security?

I’m 65, retired, approaching my full retirement at 66and 2 months. Take S.S. then and get $2760 a month or wait until 70 and get $3607 ?I live frugally, and don’t need the added money. When I run the numbers, investing the earlier amount at 6% leads to a head start the larger withdrawal doesn’t catc...
by Gabelli2020
Sat Nov 14, 2020 10:57 pm
Forum: Personal Investments
Topic: bond allocation in larger portfolios
Replies: 5
Views: 902

Re: bond allocation in larger portfolios

Most all of my munis were purchased on the secondary market, and sell for significant gains because of drop in interest rates. If I wait until maturity, the gains evaporate although I continue to get the interest payments. And maturity pays the original issue price, not the mark-up on the secondary ...
by Gabelli2020
Sat Nov 14, 2020 10:47 pm
Forum: Personal Investments
Topic: Not sure TLH was worth it
Replies: 49
Views: 6276

Re: Not sure TLH was worth it

My vote is for VFIAX, which I’ve held for 20+ years. Small idiosyncrasies in other “total” market funds that I’ve held that aren’t as tax efficient as VFIAX, likely has to do with efficiency of and turnover of smaller cap holdings.Margin goes to VFIAX, even over SCHWAB S&P because of no capital ...
by Gabelli2020
Sat Nov 14, 2020 8:36 pm
Forum: Personal Investments
Topic: How do you handle "fun money"?
Replies: 63
Views: 5519

Re: How do you handle "fun money"?

Nothing “fun “ about losing any money. With that being said, I’d go nuts if ALL of my portfolio was VFIAX. Nothing wrong with individual stocks If you buy what you know and love. I bought HD when it opened in my town in Fla. 25 years ago.. I bought Costco when I joined 20 years ago. Apple after my f...
by Gabelli2020
Sat Nov 14, 2020 8:14 pm
Forum: Personal Investments
Topic: Surgery Center Investment
Replies: 21
Views: 2629

Re: Surgery Center Investment

I think you are correct. The perfect investment 10 years too late.
by Gabelli2020
Sat Nov 14, 2020 7:47 pm
Forum: Personal Investments
Topic: bond allocation in larger portfolios
Replies: 5
Views: 902

Re: bond allocation in larger portfolios

Most of my income is from dividends, with rare capital gains, so my bracket is less than 15% if you count income from munis. And yes it is largely carry-over from employment times.
by Gabelli2020
Sat Nov 14, 2020 6:26 pm
Forum: Personal Investments
Topic: bond allocation in larger portfolios
Replies: 5
Views: 902

bond allocation in larger portfolios

I currently have 24% of my total portfolio in a PIMCO muni intermediate term managed ladder strategy through Schwab. I hold 70-75 bonds. Longest maturity 2031. Cost is 25 basis points. I traded out of VWIUX to fund this laddered approach 6 years ago after this portion of the portfolio grew to mid 7 ...
by Gabelli2020
Sat Nov 14, 2020 5:17 pm
Forum: Personal Investments
Topic: Bond diversification
Replies: 6
Views: 841

Re: Bond diversification

VWIUX is great for taxable accounts. I held it for over 20 years- occasionally declares a taxable capital gain, but rare.
by Gabelli2020
Sat Nov 14, 2020 4:48 pm
Forum: Personal Investments
Topic: Surgery Center Investment
Replies: 21
Views: 2629

Re: Surgery Center Investment

I’m a retired plastic surgeon, and have owned my own surgery center, and have been involved in multiple others in the 30 years of my practice.Early on, eg 1980s, ambulatory surgery centers were a license to print money. Many of my compatriots sold their own office based ORs for multiples of 4-5. The...