Search found 440 matches

by relentless
Sun Jul 07, 2013 4:45 pm
Forum: Investing - Theory, News & General
Topic: The Rise of Smart Beta(fundamental indexing)-Economist
Replies: 30
Views: 3853

Re: The Rise of Smart Beta(fundamental indexing)-Economist

Apart from stock splits & stock dividends, cannot the same thing be said for price weighting? No. Supposing that the price of some component of the index skyrockets, rebalancing will require selling it off and buying whatever has been sinking. Now suppose several components seesaw up and down t...
by relentless
Sun Jul 07, 2013 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Finance/Boglehead Career Advice: Industry vs Academia
Replies: 21
Views: 1733

Re: Finance/Boglehead Career Advice: Industry vs Academia

Any chance that med school would be an option for you? If you are going to spend five years doing a post doc, 4 years of med school might be an alternative. Depending on your field, might give you a great niche and potential to become faculty on the clinical side--with less dependence on grants and ...
by relentless
Wed Jun 12, 2013 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Circling vultures...advisors looking for access to residents
Replies: 109
Views: 11142

Re: Circling vultures...advisors looking for access to resid

I think this may be the first favorable post I have seen on Bogleheads about Northwestern Mutual for DI. I always get the feeling that Bogleheads may be overly dominated by Guardian insurance proponents (salesmen). The opportunity costs of the Cadillac plans may be more than people recognize. For ex...
by relentless
Sun May 26, 2013 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Former student advice
Replies: 17
Views: 1434

Re: Former student advice

I don't like the idea of the 529 plan for her because a) it lacks liquidity; b) she may end up not deciding to go to med school or even grad school down the road c) relatively little to gain on 5K over about a 4 year period. I knew many pre-meds who did not go on to pursue medicine. I was the revers...
by relentless
Sat May 25, 2013 5:37 am
Forum: Investing - Theory, News & General
Topic: New T Rowe Price target date retirement funds
Replies: 27
Views: 5453

Re: New T Rowe Price target date retirement funds

i actually own their current 2020 fund -trrbx- and like it because it does keep a higher percentage of stocks. at this moment i would not change If you want a higher portion of equities than what Vanguard offers from their 2020 fund, couldn't you just pick a Vanguard target date 2030 or later fund ...
by relentless
Fri May 24, 2013 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review before Medical School
Replies: 4
Views: 772

Re: Portfolio Review before Medical School

What interest rates were you able to get on those loans? 7.25%. I don't know that I'd feel comfortable taking out more loans simply to invest, especially given the high loan burden I'll already have by that point. And with respect to the 401k, while I understand the need to manage our loan burden, ...
by relentless
Wed May 22, 2013 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review before Medical School
Replies: 4
Views: 772

Re: Portfolio Review before Medical School

Assuming you will have Roth 403b in residency/fellowship I would not worry too much about acquiring Roth space as you can borrow extra your last couple years of training and get lots of Roth space then. That is more or less what I did in fellowship. I would actually consider liquidating some or all ...
by relentless
Sat May 18, 2013 10:32 pm
Forum: Personal Consumer Issues
Topic: Refusing to pay doctor bill, consequences
Replies: 57
Views: 7210

Re: Refusing to pay doctor bill, consequences

Would add that total costs for prenatal care and delivery (not to mention any other non-OB medical expenses during the year for OP's wife) should far exceed deductible for even high deductible health plan. So is this bill actually costing you any more than you would already have paid in the year for...
by relentless
Mon May 06, 2013 5:42 am
Forum: Investing - Help with Personal Investments
Topic: Max Out New Roth IRA or Pay Off Loan with 7.25% Interest
Replies: 22
Views: 9992

Re: Max Out New Roth IRA or Pay Off Loan with 7.25% Interest

How many years is your fellowship? Are you eligible for retirement savings credit? Answer to your question may depend on these variables. Also does new institution have Roth 403b? If so, and job after does not allow you to do 401k your first year, you may be better off paying loan now and then re-bo...
by relentless
Wed Apr 24, 2013 8:48 pm
Forum: Investing - Theory, News & General
Topic: New I-Bond rate?
Replies: 32
Views: 5385

Re: New I-Bond rate?

... So, bottom line, there are no custodians who will purchase them for your account that I know of, and even if they would, it simply doesn't make sense to do so. If the choice were TIPS vs I bonds in the IRA, wouldn't I bonds be preferable? 1) positive real (and even potentially nominal) return w...
by relentless
Sun Apr 14, 2013 10:02 pm
Forum: Investing - Theory, News & General
Topic: Changed 529 to 60/40 allocation today
Replies: 9
Views: 1688

Re: Changed 529 to 60/40 allocation today

Wouldn't it be a mistake to buy ibonds in their names? You lose any possibility of getting the educational expense benefit of savings bonds if the bond is held in the name of the child/student. I was thinking that if Ibonds in their names, children can redeem after they become adults in a much lowe...
by relentless
Thu Apr 11, 2013 11:08 pm
Forum: Investing - Theory, News & General
Topic: Changed 529 to 60/40 allocation today
Replies: 9
Views: 1688

Re: Changed 529 to 60/40 allocation today

Sure you don't want to buy I-bonds in their names going forward and skip the TIPS?
by relentless
Wed Apr 03, 2013 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: School Loans, IRA, Vanguard, OH MY!
Replies: 35
Views: 2583

Re: School Loans, IRA, Vanguard, OH MY!

Thanks for the reply. I imagine our salaries may increase by 10k each over our careers, but likely not far beyond. We are aware of the repayment programs, but unfortunately don't think those are options we would be willing to pursue... But why on earth not?? I'm sorry, I'm not trying to be judgment...
by relentless
Mon Apr 01, 2013 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: School Loans, IRA, Vanguard, OH MY!
Replies: 35
Views: 2583

Re: School Loans, IRA, Vanguard, OH MY!

May consider graduated repayment and pay off as if you were on 10 year (or as livesoft recommends 3 year schedule). I think you have better control over the order in which loans with differing interest rates will be paid off. Whatever you do, don't consolidate your loans with your wife's.
by relentless
Sun Mar 31, 2013 11:14 am
Forum: Investing - Help with Personal Investments
Topic: School Loans, IRA, Vanguard, OH MY!
Replies: 35
Views: 2583

Re: School Loans, IRA, Vanguard, OH MY!

An additional question I have is, with $50k literally sitting in the bank, should I just send a check to the loan program for a large portion of that amount and try to pay down the higher interest loans? Maybe keep $10k on-hand for emergencies, with the realization that my wife still has a decent c...
by relentless
Sat Mar 30, 2013 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: School Loans, IRA, Vanguard, OH MY!
Replies: 35
Views: 2583

Re: School Loans, IRA, Vanguard, OH MY!

Do you expect your combined incomes to go up? It may be that you could live in a more remote area for a couple years and make a lot more. That is the case for physicians often. Willing to move to Alaska or the Dakotas? Might also see if locum tenens is a possibility for PAs and if you could make mor...
by relentless
Sat Mar 09, 2013 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Why should young people invest in bonds at all?
Replies: 87
Views: 14261

Re: Why should young people invest in bonds at all?

crowd79 wrote:I am slightly risk adverse, however age - 100 is too conservative. I use my own formula: Age - 108 = bonds.


So you are advocating leverage (negative bonds) until you are 108? That is pretty aggressive portfolio. :wink:
by relentless
Sat Mar 02, 2013 10:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: Suggestions for the Wiki
Replies: 389
Views: 198591

Re: Suggestions for the Wiki

I think there is a math error for Vanguard target fund 2040 in the wiki:
72.1+27.1+9.9 = 109.1%
http://www.bogleheads.org/wiki/Vanguard ... ment_Funds
by relentless
Sat Mar 02, 2013 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: EE Bonds as part of a retirement strategy?
Replies: 38
Views: 4107

Re: EE Bonds as part of a retirement strategy?

[EE bonds] compare favorably to I bonds only if future inflation is greater than currently predicted and only if it occurs over almost precisely twenty years, maybe plus a little. I think this is incorrect. EE bonds will likely have a higher return than I bonds if future inflation is LOWER than 3.5...
by relentless
Mon Feb 18, 2013 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for a physician
Replies: 11
Views: 2738

Re: Disability insurance for a physician

The answer to the question is what is the cost difference and is the cost worth it? That's what a good agent should be answering. I am encouraging her to think critically about what her insurance agent says. The commissions are likely to bias even the most knowledgeable agents towards a more expens...
by relentless
Mon Feb 18, 2013 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance for a physician
Replies: 11
Views: 2738

Re: Disability insurance for a physician

Since you are a radiologist, I would at least consider what disability could possibly disable you from practicing radiology that would still let you practice as a physician in another field (and what is the likelihood of such a disability). I am a bit hard pressed unless you are an interventional ra...
by relentless
Sun Jan 27, 2013 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 199
Views: 34220

Re: Two Comma Club

Congratulations to OP! I am personally well established in the NEGATIVE ONE comma club (and anticipate being here for another couple years with well over 6 figures of student loans). I actually can't wait to hit zero net worth and will probably post here to celebrate when I do! Reaching POSITIVE two...
by relentless
Sat Nov 03, 2012 4:41 pm
Forum: Personal Consumer Issues
Topic: Statistics packages: R or Stata (or both)?
Replies: 15
Views: 1733

Re: Statistics packages: R or Stata (or both)?

I would add to my comments above that you can actually use R and do a lot of analysis without learning a single line of R coding. I think a lot of people are scared off by the prospect of having to learn a new programming language, unnecessarily. RCommander uses a GUI interface. You can do multivari...
by relentless
Sat Nov 03, 2012 1:47 pm
Forum: Personal Consumer Issues
Topic: Statistics packages: R or Stata (or both)?
Replies: 15
Views: 1733

Re: Statistics packages: R or Stata (or both)?

I would suggest trying out RExcel. You can download the package for free for non-commercial use from the University of Vienna web site (m). The package is an add-on to Excel. There is also a video you can check out on m which demonstrates how you can use a spreadsheet interactively with R using RExc...
by relentless
Sun Sep 16, 2012 9:34 am
Forum: Investing - Help with Personal Investments
Topic: [Medical Intern] Wanting to get started but need help
Replies: 8
Views: 837

Re: [Medical Intern] Wanting to get started but need help

You need to know about IBR for fed loans and determine if would be advantageous to wait on paying down loans. White coat investor has good discussion. You also may want to consider your brackets when your income goes down. Could make more sense to go traditional IRA and then convert then if in lower...
by relentless
Sat Aug 11, 2012 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Conversion to Roth and Inherited IRA
Replies: 9
Views: 1931

Re: Backdoor Conversion to Roth and Inherited IRA

retiredjg wrote:(The times on this thing bogle my mind....)


Nice word play.
by relentless
Wed Jul 25, 2012 12:46 am
Forum: Investing - Help with Personal Investments
Topic: New Job, Awful 401k with The Hartford
Replies: 27
Views: 5855

Re: New Job, Awful 401k with The Hartford

Re Artsdoctor post. Sound advice overall with caveat that if investor can't fill the 401k space AND invest in taxable, they may not be adequately tax diversified with just Roths and 401Ks/traditional IRAs.
by relentless
Sat Jul 21, 2012 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Doc looking for Financial Diagnosis and Plan.
Replies: 13
Views: 1719

Re: Doc looking for Financial Diagnosis and Plan.

Once I max out the SEP Ira, I fall within the 25% tax bracket. Can you expand on the significance of this in regards to investing? Got it. Lots of physicians have not idea of their brackets and wanted to make sure since your income seemed low. I am a big believer in tax diversification. I am also o...
by relentless
Sat Jul 21, 2012 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Doc looking for Financial Diagnosis and Plan.
Replies: 13
Views: 1719

Re: Doc looking for Financial Diagnosis and Plan.

You say you are in 25% bracket. So that would mean if you are single you make less than 83,600. Are you filing as head of household? Perhaps you mean that you pay 25% of your income in taxes which is very different than your bracket. The key for investment decisions is your marginal tax rate which i...
by relentless
Tue Jun 26, 2012 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me Why I Should Pay Off My Student Loans
Replies: 40
Views: 5138

Re: Tell Me Why I Should Pay Off My Student Loans

However, the consensus in this thread is not to invest in taxable before paying down student loans. To be specific--not to invest in taxable before paying off student loans for the OP at his income with his interest rates. I am actually wondering if someone in his position with a six figure income ...
by relentless
Mon Jun 25, 2012 10:18 am
Forum: Investing - Help with Personal Investments
Topic: New Job - Waiting for new 401K eligibility, Options?
Replies: 8
Views: 2079

Re: New Job - Waiting for new 401K eligibility, Options?

Yes that was why I was asking. Not a rhetorical question--was probing to see if he had thought it through. He should not have to worry much about back door until his income goes up to 6 figures. According to TFB's website if that is a concern he could plotentially roll over traditional IRA into empl...
by relentless
Sun Jun 24, 2012 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me Why I Should Pay Off My Student Loans
Replies: 40
Views: 5138

Re: Tell Me Why I Should Pay Off My Student Loans

EmergDoc wrote:5-6% guaranteed investment? Where do I sign up?


Actually has to be at least 6-7% because of tax effects (assuming LTCG of 15%) just to break even, even more if LTCG goes to 20% or if has to pay income tax rate on dividends/interest.
by relentless
Sun Jun 24, 2012 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: New Job - Waiting for new 401K eligibility, Options?
Replies: 8
Views: 2079

Re: New Job - Waiting for new 401K eligibility, Options?

Why are you considering rolling over old 401k to new 401k plan rather than rolling it to IRA? 401ks usually have higher fees than a Vanguard IRA would.
by relentless
Sun Jun 24, 2012 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me Why I Should Pay Off My Student Loans
Replies: 40
Views: 5138

Re: Tell Me Why I Should Pay Off My Student Loans

You are doing pretty well overall and are obviously bright. I agree with others that 6+ percent is pretty high and as you noted you don't get any tax deduction on the student loan interest. Student loans are riskier than other loans because they are not bankruptable and are very difficult to get rid...
by relentless
Sun Jun 24, 2012 2:03 pm
Forum: Investing - Theory, News & General
Topic: HSA Strategy
Replies: 16
Views: 2885

Re: HSA Strategy

BTW, I know I have hijacked this thread a bit but hope OP doesn't mind, since my questions will probably be of value to him/her. OP you need to consider the time value of money in your decision. If you have a receipt for 1000 this year and don't submit that receipt for 20 years, that 1000 may only b...
by relentless
Sun Jun 24, 2012 1:30 pm
Forum: Investing - Theory, News & General
Topic: HSA Strategy
Replies: 16
Views: 2885

Re: HSA Strategy

Thanks. I had actually read the form a couple of times and missed this nuance. This actually raises yet other questions. It appears that the opening time of the HSA account is critical. Can I assume that if I open an account with another provider; transfer the funds from the original provider and th...
by relentless
Sun Jun 24, 2012 12:41 pm
Forum: Investing - Theory, News & General
Topic: HSA Strategy
Replies: 16
Views: 2885

Re: HSA Strategy

Thanks. For the related question: lets say I start an HSA with 1K and immediately have a 3k medical expense that is paid out of pocket, can I add 2k to the HSA account and then withdraw all 3k to reimburse for the expense? This is critically important because if not you would want to maximize contri...
by relentless
Sun Jun 24, 2012 11:51 am
Forum: Investing - Theory, News & General
Topic: HSA Strategy
Replies: 16
Views: 2885

Re: HSA Strategy

One question on saving receipts and investing is if the portfolio fluctuates is that a problem? So, say my investments are 20k and I save 12k of receipts and then investments lose half of value (10k) and then regain value. Can you still claim the full 12k or are you limited to 10k of reimbursement?...
by relentless
Sun Jun 24, 2012 5:40 am
Forum: Investing - Theory, News & General
Topic: HSA Strategy
Replies: 16
Views: 2885

Re: HSA Strategy

One question on saving receipts and investing is if the portfolio fluctuates is that a problem? So, say my investments are 20k and I save 12k of receipts and then investments lose half of value (10k) and then regain value. Can you still claim the full 12k or are you limited to 10k of reimbursement? ...
by relentless
Sat Jun 16, 2012 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: (Bad) 401k Choices
Replies: 29
Views: 3310

Re: (Bad) 401k Choices

Delete. Just saw question already asked above.
by relentless
Mon Jun 11, 2012 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Group and individual disability policy insurance
Replies: 21
Views: 1177

Re: Group and individual disability policy insurance

The difference in cost between a modified own-occ policy and true own-occ is not that significant, and as a radiologist you would also have a specialty definition of disability with either Guardian or Standard. Do you know if Principal offers a true specialty definition of disability? When I look a...
by relentless
Sun Jun 03, 2012 6:19 pm
Forum: Personal Consumer Issues
Topic: Applying to Medical School
Replies: 34
Views: 2995

Re: Applying to Medical School

US Grads did internal medicine back then? Seriously though, this is what we get when we pay so much more for procedures than for more cerebral work. A dermatologist can line up dozens of procedures a day. An internist might do none. [soapbox] I can't speak for dermatologists. However, I'd be carefu...
by relentless
Sat Jun 02, 2012 6:28 pm
Forum: Personal Consumer Issues
Topic: Applying to Medical School
Replies: 34
Views: 2995

Re: Applying to Medical School

I hope to piggy-back on this thread with a related question. A young woman has been accepted to top medical schools, one in the U.S. and the other one in Canada (she is a dual citizen). A medical school in Canada would be much cheaper for her, but it also seems that upon graduation she would be mor...
by relentless
Mon May 28, 2012 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Permissible Investments for Trust
Replies: 27
Views: 1564

Re: Permissible Investments for Trust

BTW, the trust as currently written specifically states that there is no requirement for diversification of the trust assets. I obviously would WANT a diversified portfolio instead. Any recommendations on revising this without risking unintended consequences? For instance, I could specify that equit...
by relentless
Mon May 28, 2012 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Permissible Investments for Trust
Replies: 27
Views: 1564

Re: Permissible Investments for Trust

Specific questions: 1) would it be reasonable to formally spell out in the trust that ONLY index mutual funds/ETFs (NO actively managed funds) with an expense ratio (arbitrarily) less than 0.25% for domestic funds and less than (e.g.) 0.60% for international equity funds would be allowed? This woul...
by relentless
Sat May 26, 2012 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage because it FEELS good?
Replies: 125
Views: 10125

Re: Pay off mortgage because it FEELS good?

Well from an economist's view, one may have more overall utility having less debt even if you end up net not quite as well off as you could be. Most people tend to be risk averse and feel the pain of loss more than the euphoria of gains. So, this is not necessarily irrational.
by relentless
Sat May 26, 2012 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Permissible Investments for Trust
Replies: 27
Views: 1564

Re: Permissible Investments for Trust

Have Vanguard as the trustee Now THAT might be a big part of the solution. Was not aware that Vanguard did this. It looks like on a 5M trust, they would charge 33 basis points annually for management and 5 basis points for the trustee or co-trustee role. Could do a lot worse than that. Perhaps I sh...
by relentless
Sat May 26, 2012 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Permissible Investments for Trust
Replies: 27
Views: 1564

Re: Permissible Investments for Trust

The residence of the trustee does not determine the situs of the trust and so don't be concerned about having relatives in other states act as trustee or co-trustee. Just one more restatement of the problem of restricting a trustee on investments. In my years in the trust business this was a common...
by relentless
Sat May 26, 2012 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Permissible Investments for Trust
Replies: 27
Views: 1564

Re: Permissible Investments for Trust

Appreciate the insights John and not Bob. The proposed trustee (after my wife) as well as the proposed guardian each live in a high tax state with an estate tax. They would actually be able to drive to my new state in about half an hour vs. 5 hours or so to state where trust "resides". How...