Search found 4638 matches

by staythecourse
Wed Aug 16, 2017 10:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 54
Views: 4103

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

does this mean you have what they call a slice and dice portfolio. Every investor should do what they feel is comfortable, but there is no debate EVERYONE slice and dices. Since no one carries the "market portfolio" there aren't many who are actually market cap. If you decide to market cap in one c...
by staythecourse
Wed Aug 16, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 54
Views: 4103

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

does this mean you have what they call a slice and dice portfolio. Every investor should do what they feel is comfortable, but there is no debate EVERYONE slice and dices. Since no one carries the "market portfolio" there aren't many who are actually market cap. If you decide to market cap in one c...
by staythecourse
Wed Aug 16, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 38
Views: 2631

Re: Billing 99212 for rx refill?

staythecourse, are you saying that I should submit the bill to my insurance even though I know it's an improper bill? If I was you I would just call the insurance company and tell them what you think is going on and let them do the work. Your job as a patient is to get your care done and get better...
by staythecourse
Wed Aug 16, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 38
Views: 2631

Re: Billing 99212 for rx refill?

Sorry missed the OON part. I do not think it matters if the provider is OON or not. The codes are the codes. If the OON has OON benefits then they will have to authorize the charge as a valid one. By documentation for what was done it does NOT qualifty as a E/m code. If the person has no OON benefit...
by staythecourse
Wed Aug 16, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 38
Views: 2631

Re: Billing 99212 for rx refill?

NS, No it is fraud to use a billing code for something it is not meant for, just like it is to upcode AND downcode. The codes are made for CMS and the commercial insurers just follow suit. That is why it is a big deal when CMS cuts reimbursement because everyone else's fee schedule is just a % of m...
by staythecourse
Wed Aug 16, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Cancer at 38. Going from high income to no income. Need help generating income from $5m portfolio
Replies: 25
Views: 4685

Re: Cancer at 38. Going from high income to no income. Need help generating income from $5m portfolio

If commute to getting care does not worsen I would seriously consider moving to where the long term plan will be if/ when your spouse passes away. It will be easier for the kids not to have another major change in their lives if/ when it does happen. It will be easier for you if you already have a r...
by staythecourse
Wed Aug 16, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 119
Views: 5493

Re: Is $9000 too much for a sectional sofa ?

This $9k couch actually typically costs $10k-$15k at other more traditional furniture outlets. No the couch is MUCH cheaper. The only difference is the kickback is going to the designer and not to the outlet. Then part of that kickback from the designer is going to you which is why it is cheaper. T...
by staythecourse
Wed Aug 16, 2017 9:13 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 49
Views: 4192

Re: Study: The Rate of Return on Everything, 1870-2015

Simplegift, again thanks for a platform to start a great discussion. Have not read the paper, but some initial thoughts/ question about the rental real estate over stocks. For example, 1. Will have to read the paper, but what is the methodology of the real estate component, i.e. is the interest for ...
by staythecourse
Wed Aug 16, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 38
Views: 2631

Re: Billing 99212 for rx refill?

- The billing code is indeed for a face to face visit. But it wouldn't be "illegal" as long as it wasn't submitted for reimbursement to the government (e.g. CMS) or an insurance company where there is an agreement on billing procedures, would it? White Coat Investor wrote: ↑Wed Aug 16, 2017 1:52 am...
by staythecourse
Wed Aug 16, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 119
Views: 5493

Re: Is $9000 too much for a sectional sofa ?

1) You have the money 2) You will NOT derail any of your financial goals 3) Your wife wants the sofa What is there to discuss ? Why are you asking BH permission to do something which you need to do for the happiness in your life? The last phrase is your answer, "...need to do for happiness in your ...
by staythecourse
Tue Aug 15, 2017 9:48 pm
Forum: Personal Consumer Issues
Topic: Best Housing To Avoid Noise
Replies: 57
Views: 4321

Re: Best Housing To Avoid Noise

New Housing. Noise attenuation is now part of many municipal codes. STC50 is the baseline requirement. As premium high-rise condos replace old apartment blocks the reputation of noisy-apartment-living will change. As others have said, concrete walls are the best. Great noise attenuation, just a bit...
by staythecourse
Tue Aug 15, 2017 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 74
Views: 5124

Re: please help...am I overextended - first home

Apologize if this has already been discussed as I have not read the other responses. I think the easiest back of the envelope calculation is assume property tax+ mortgage+ HOA+ home insurance+ PMI should be 25-33% of your monthly gross income. Most would want it lower, but that is a basic starting p...
by staythecourse
Tue Aug 15, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 38
Views: 2631

Re: Billing 99212 for rx refill?

Ask if it was a mistake or her policy. That's a great way to word it. Thank you so much! Not sure how that helps. If she says it is her policy are you going to say "No you are doing something illegal"? Not likely as that is confrontational. So you are just hoping her answer is "it was a mistake". I...
by staythecourse
Tue Aug 15, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 26
Views: 2093

Re: Kitchen Remodel Price/Contractor Dispute

You could simply say that you are disappointed that he did not keep his word and that you will express your disappointment in your online review. That may help change his tune. We built a house and these small issues are inevitable. "Don't sweat the small stuff" comes up here. My standard answer ba...
by staythecourse
Tue Aug 15, 2017 1:48 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 119
Views: 5493

Re: Is $9000 too much for a sectional sofa ?

My view on any large purchases is like investing. I am only going to pay more then the default options if there is definite advantage. So the question back is this $9k sofa any better then a $6k sofa? I know someone who just had a 6k sectional custom made and it is nice. Of course, after seeing it 6...
by staythecourse
Mon Aug 14, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 38
Views: 2631

Re: Billing 99212 for rx refill?

99212 is an E/M code (evaluation and management). They involve evaluation (history and physical exam) and management (medical decision making). Hope some expert will correct me, but assume based on the above they are FACE to FACE encounters. I would call your insurance company and ask them. I believ...
by staythecourse
Mon Aug 14, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3056

Re: Public vs Private Elementary

I think the stressing the importance of education by parents plays a bigger role than private vs. public. However, when our Catholic private school students enter the public school system in grade 6, all of them are about half a year advanced compared to their public school peers and probably aroun...
by staythecourse
Mon Aug 14, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3056

Re: Public vs Private Elementary

The school cares a great deal about your satisfaction and will do things to address your concerns. In a public school you are a resident taking a government provided service. I would be interested to hear an expansion on this point. It may or may not be true. It may or may not be a good thing. On t...
by staythecourse
Mon Aug 14, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1605

Re: LLC partnership "individual 401k" questions

Wow this is really disappointing. This is the second post where Vanguard has given blatantly false guidance about one-participant 401k plans. 26 U.S. Code § 401 - Qualified pension, profit-sharing, and stock bonus plans, (c) Definitions and rules relating to self-employed individuals and owner-empl...
by staythecourse
Mon Aug 14, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Do I Need a Trust? (for single, no children, beneficiaries, etc.)
Replies: 16
Views: 1323

Re: Do I Need a Trust? (for single, no children, beneficiaries, etc.)

I would say the no. 1 thing you need to figure out has NOTHING to do with legal matters. In your situation you need to figure out what the money in your life is for after you pass. That will answer how to legally transfer it. The most reasonable would be some charity of some form. Sounds odd but I w...
by staythecourse
Sun Aug 13, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: How does personal wealth affect job hunting?
Replies: 57
Views: 6381

Re: How does personal wealth affect job hunting?

Absolutely. In fact, I would say the BIGGEST reason to be wealthy is NOT to finish the game as quickly as possible, but to have the option of choosing what, where, when, and how you choose to work for as long as you want. When we started picking up the wealth it gave me the option of pursuing workin...
by staythecourse
Sun Aug 13, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3056

Re: Public vs Private Elementary

I do agree. The little data gathering I did I believe the are studies to back up that more affluent areas do better not because they are rich, but because they put a great degree of stress on education in the household. That includes the level of education of the parents down to the expectations on...
by staythecourse
Sun Aug 13, 2017 12:18 am
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3056

Re: Public vs Private Elementary

Is great school rating a good basis in deciding if the public elementary is good or not? Of course we will go to open house to check other factors too. Thanks! It means something but modest differences in scores in ranking systems like that mean very little since they are mainly based on things lik...
by staythecourse
Sun Aug 13, 2017 12:15 am
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3056

Re: Public vs Private Elementary

We can afford a private school but prefer public. We have friends with children of the same age as ours (second grade) in private schools and observe no difference in the quality of education. We are fortunate in being able to choose the public school that our child attends, and it is a very good o...
by staythecourse
Sun Aug 13, 2017 12:12 am
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3056

Re: Public vs Private Elementary

I didn't attend a private school until my Ph.D. at MIT. The public schooling from kindergarten to bachelors degree seemed to prepare me well enough educationally for my short stint in private school. I can afford to send my kids to private school; I choose to send them to public school. Exactly my ...
by staythecourse
Sun Aug 13, 2017 12:01 am
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 6902

Re: "Honesty like that is rare!"

Taylor: Last week, I as talking to a founder of a very low cost advisory platform that was even lower cost than robo-advisors. He showed me some model portfolios that used several funds to develop each domestic and international equity holdings. He didn’t seem to tilting toward value or growth and ...
by staythecourse
Sat Aug 12, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Redfin
Replies: 17
Views: 1773

Re: Redfin

Redfin may have started the volley against commissions for real estate agents, but think it is just a scratch on it surface. If they continue to press down on the commission they will succeed. IF they don't another competitor will and they will be forgotten. Hope professionals will chime in, but I b...
by staythecourse
Sat Aug 12, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 6902

Re: "Honesty like that is rare!"

I have noticed a similar attitude among some TSP investors. TSP stands for the Thrift Savings Plan, a Federal government equivalent of 401(k) plans. Unlike many 401(k) plans, the TSP offers very few funds at very low rates. Investors ignore low fees and excellent fund selection and complain about t...
by staythecourse
Sat Aug 12, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: 20% In REITS?
Replies: 65
Views: 6801

Re: 20% In REITS?

Those are general evaluations, but none of it is actionable. The ONLY valuation metrics that would be actionable if one said, "Buy at X and sell on Y". Now if they said, "When REITS yield is 2% stop buying and buy again when it hits 4%" that is exact and actionable. Also, it allows itself to be eva...
by staythecourse
Sat Aug 12, 2017 7:08 am
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 6902

Re: Government TSP retirement plan

they are right to complain about lack of sophistication. No value funds. No EM and no EM bond. No junk debt. No leveraged funds. No quant funds. Bogleheads: This is why Mr. Bogle said (paraphrased) that "The Government Thrift Safety Plan(TSP) is the best 401k type plan. It is also the reason why th...
by staythecourse
Fri Aug 11, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: "Why do you want to come here?" Hiring Manager Question
Replies: 10
Views: 1417

Re: "Why do you want to come here?" Hiring Manager Question

Well the reason he/ she is asking the question is the because everyone before you joined for the same material reasons (compensation+ retirement benefits) and then left due largely because no one wanted to live there. I am sure they are sick of being used as a stepping stone for the employee to get ...
by staythecourse
Fri Aug 11, 2017 8:54 pm
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 6902

Re: "Honesty like that is rare!"

I'm confused by the message, maybe I just don't understand it. Aren't these statements in contradiction? He showed me some model portfolios that used several funds to develop each domestic and international equity holdings. He didn’t seem to tilting toward value or growth and I told him I liked tha...
by staythecourse
Fri Aug 11, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: 20% In REITS?
Replies: 65
Views: 6801

Re: 20% In REITS?

[ a) Tech stocks were heavily overvalued and the returns a decade out would be dreadful. Confirmed. b) Stock volatility would normalize at a level to adjust the risk adjusted returns of bonds and stocks to similar levels. Confirmed. Larry: a) Smarter passive indexes (what is today called smart beta...
by staythecourse
Fri Aug 11, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: 20% In REITS?
Replies: 65
Views: 6801

Re: 20% In REITS?

Just curious what the data is supporting the prognostic abilities of Mr. Swedroe OR Dr. Bernstein? Do they have a track record of making calls and being right? If so, then how do we know it is luck and not skill? Well I've known Bill for close to 20 years. Talked to him a lot when he was starting t...
by staythecourse
Thu Aug 10, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: MMM Lecture at the WD Summit [Mr. Money Mustache]
Replies: 58
Views: 7347

Re: MMM Lecture at the WD Summit [Mr. Money Mustache]

Why anyone would waste their money on a guy lecturing them not to waste their money is beyond me. While I agree with much of what he says (obviously, most Americans are far too materialistic and money doesn't but happiness), he comes across as a smug BS artist who makes hundreds of thousand of doll...
by staythecourse
Thu Aug 10, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: 20% In REITS?
Replies: 65
Views: 6801

Re: 20% In REITS?

Is 20% of your stock portfolio to much to have in REITS? I am trying to figure out what the sweet spot/percentage is to allocate of your stock portion to REITS. This is if you solely hold the Vanguard Total U.S. Stock Market Index and no international. You are late to the party. REITs have done fan...
by staythecourse
Wed Aug 09, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: is malpractice insurance provided by academic medical center sufficient?
Replies: 8
Views: 502

Re: is malpractice insurance provided by academic medical center sufficient?

NEJM did a look at malpractice cases and it is much different then what doctors are apt to think. If I recall, most malpractice cases are dropped. Those that aren't most are settled. Those that aren't that go to trial most are won by the doctor. Those that are won by the patient rarely go above the ...
by staythecourse
Tue Aug 08, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4050

Re: College and Paying for it

There was a website ?Payscale or something like that linked in past threads about this debate. It showed starting salaries and mid career salaries of alumni from all colleges. I remember some of the results being very different then one would expect. For example, In Illinois Northwestern and Univer...
by staythecourse
Tue Aug 08, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4050

Re: College and Paying for it

One strategy I haven't seen is to go to a cheaper, but good, state university for undergrad, and then do a graduate degree at a prestigious school. This works in STEM fields, anyway. If you have an advanced degree, then no one cares where you went to undergrad. Many masters degrees can be finished ...
by staythecourse
Tue Aug 08, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: College and Paying for it
Replies: 61
Views: 4050

Re: College and Paying for it

How do people afford these places? Not going to open the can of worms that is discussing whether or not these high-profile (and expensive) universities are worth it, but it is something you need to seriously think about for your own situation. I 100% cash-flowed my own education and currently my wi...
by staythecourse
Tue Aug 08, 2017 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Seems like both Stocks and bonds have equal risk now...
Replies: 26
Views: 3143

Re: Seems like both Stocks and bonds have equal risk now...

Stocks better have more risk then bonds otherwise my expected return would be the same as bonds. Who would buy bonds if they had the same risk of principle loss AND returned less then stocks? Stocks have and always will be riskier then bonds. If they weren't the whole system of lending money would b...
by staythecourse
Tue Aug 08, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Advise on house selling
Replies: 29
Views: 2018

Re: Advise on house selling

One thing we are contemplating doing is buying our new place and moving in before we sell so we don't have the stress of timing finding a buyer and finding a place that we like - aside from having to pay utilites, house taxes, upkeep on two properties until the house sells is there any downside to ...
by staythecourse
Mon Aug 07, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Advise on house selling
Replies: 29
Views: 2018

Re: Advise on house selling

I sold my last home myself with the use of a MLS listing service. Google it. They will coordinate getting pics done, posting the listing on MLS, redfin, etc..., have all the documents that need to be signed, etc.. all for around $500 or so. In Illinois, an attorney is LEGALLY required so both of you...
by staythecourse
Sun Aug 06, 2017 7:46 pm
Forum: Personal Consumer Issues
Topic: Retire early, live abroad until 65 and come back
Replies: 72
Views: 7890

Re: Retire early, live abroad until 65 and come back

Euro nations, Southeast Asia. All more afforadable than US. Healthcare cost is just a fraction even compare to ACA cost. All these nationals are small but with different culture and rich in history. I believe between 50 to 65 is the golden year in human life: health, wealth, willingness to explore....
by staythecourse
Sun Aug 06, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: 529: possible to use $140k parental gift tax exemption twice within 5 years with two children?
Replies: 17
Views: 1142

Re: 529: possible to use $140k parental gift tax exemption twice within 5 years with two children?

you can not start a 529 till there is a born child to designate it to. As mentioned already you CAN start a 529 plan for yourself as owner and beneficiary. Then you can keep yourself owner and change beneficiary to your child down the road (Just need a SSN when they are born). Keep in mind that mov...
by staythecourse
Sat Aug 05, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21059

Re: A poll: How much money do you want to retire?

I live in a small town in NC so I guess that may have something to do with it and all of them are debt free,that I know of anyway. Agreed. Not having debt going into retirement AND living in LCOL area are 2 aspects of retiring with A LOT less then most need. The other big variables are: health care...
by staythecourse
Sat Aug 05, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21059

Re: A poll: How much money do you want to retire?

I feel poor, reading this thread :| ... - Ron Who cares what others have or want. The ONLY question and answer that matters is what do YOU want and need to be HAPPY (not $$). Folks need to spend more time thinking about how to make themselves happy in life then time spent on "I want x dollars by y ...
by staythecourse
Sat Aug 05, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: Fence Boundary Issue
Replies: 24
Views: 1656

Re: Fence Boundary Issue

In life I have learned the hardest thing to do is point the finger of blame on oneself. You and ONLY you made the mistake. Don't worry I would have made the same assumption. Chalk it up to learning point. If you are still under 1 year home warranty call the builder and he should be paying for rippin...
by staythecourse
Sat Aug 05, 2017 8:16 am
Forum: Investing - Theory, News & General
Topic: Does the Tony Robbins/Ray Dalio portfolio make sense at today's low rates?
Replies: 17
Views: 1226

Re: Does the Tony Robbins/Ray Dalio portfolio make sense at today's low rates?

Hi, given today's low interest rates, I have personally opted for a 50% stocks/50% cash allocation. As I am living in Europe, I have even more reasons than US investors to shun bonds I think, yet it seems to me that bonds, particularly long term, might not be a particularly good idea even for US in...
by staythecourse
Fri Aug 04, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: Mr handyman?
Replies: 14
Views: 1990

Re: Mr handyman?

Only experience I had with them was when we purchased our very first home (townhouse). I knew less then I do even now about houses and found we had a small leak from the bathroom shower above coming through a ceiling speaker. Called them to give an estimate. Even told them that if you do a good job ...