Search found 269 matches

by cutterinnj
Sat Oct 13, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: I'm an employer looking to get the best 401k deal for my employees!
Replies: 17
Views: 1191

Re: I'm an employer looking to get the best 401k deal for my employees!

Payroll is with Justworks (PEO), they use Slavic. It has a 60bp AUM fee, which to me seems high. In your experience how does that map to what you paid? When all things were taken into account with the fees that Ascensus was charging us for record keeping and the lack of Fiduciary law compliance, it...
by cutterinnj
Sat Oct 13, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: I'm an employer looking to get the best 401k deal for my employees!
Replies: 17
Views: 1191

Re: I'm an employer looking to get the best 401k deal for my employees!

I was in the same predicament as you a few years back; when I took on the role, we were using an insurance company- obviously a big mistake based on charges! We moved over to Ascensus, which was Vanguard's platform for a few years. The fees were MUCH better; however, they did not supply the fiduciar...
by cutterinnj
Sat Sep 15, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Should I get a new iPhone?
Replies: 43
Views: 3674

Re: Should I get a new iPhone?

I have a 6S- almost the same as yours. It does what I need it to, and it lets me use headphones- something you can’t easily do with the new phones. iOS 12 will supposedly make this even faster. I would recommend getting a new battery for $29 (if you haven’t already) and keeping what you have. I don’...
by cutterinnj
Sun Sep 09, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2311

Re: Video Game Collection

I vote sell. I love video games; however, you really no longer have to have the original to play them; in fact, it's often better if you don't. A few years ago, I paid someone around $230 for an original, 2001 XBox with a customized 2 terabyte hard drive. On that hard drive includes just about every...
by cutterinnj
Sat Sep 01, 2018 6:04 am
Forum: Personal Consumer Issues
Topic: PSA: Free Sirius/XM Broadcasting through Sept 10
Replies: 19
Views: 1823

Re: PSA: Free Sirius/XM Broadcasting through Sept 10

I pay around $11 per month after taxes for the all access plan- mainly for Howard Stern.
Definitely won’t keep it once he leaves
by cutterinnj
Mon Aug 27, 2018 10:04 pm
Forum: Personal Consumer Issues
Topic: Modem rental
Replies: 6
Views: 677

Re: Modem rental

Comcast tried it on me, but I nipped it in the bud. Not 4 years later. I don't suppose you still have the purchase receipt for your modem in some old records do you? No receipt. Probably bought at local best buy. I wished I had bought it at Amazon, which keeps all the previous orders. If you bought...
by cutterinnj
Sun Aug 26, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2379

Re: Honda Odyssey Ex-L - new or certified used?

The newer models have a lot more safety features that you will want for your family We initially bought a 2007 preowned ex-l certified for a great price in 2010. In 2016 we bought a new 2016 elite- the upgrades that keep my kids safe are well worth the premium. As an aside, my wife is getting an itc...
by cutterinnj
Tue Jul 24, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Why VTSAX did not align with S&P 500 today?
Replies: 12
Views: 1979

Re: Why VTSAX did not align with S&P 500 today?

Thanks for asking this. I was looking at the markets, and was wondering the same thing; I assumed either small caps were down a LOT or some crazy mistake was made. Sounds like it was the former.
by cutterinnj
Sat Jul 21, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: iPhone to Android in 2018...
Replies: 23
Views: 1664

Re: iPhone to Android in 2018...

My iPhone 6S has been great for almost 3 years- just spent $29 to change over the battery. Rumor is that ios12 which is coming out this fall will make it even faster. I can’t think of a reason to upgrade my phone, let alone completely change ecosystems (and lose iMessage, FaceTime, App Store, etc...)
by cutterinnj
Mon Jul 09, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take a $60k paycut to work 4days/week
Replies: 58
Views: 5760

Re: Should I take a $60k paycut to work 4days/week

I work a 4 day week, and have since I entered the workforce after residency training. At this point, I could not work a 5 day work week. Life is just too short, and while I do enjoy aspects of my job, I don't "love" it to the point where it's what I want to be doing 71% of my days. 4 days gives you ...
by cutterinnj
Thu Jul 05, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 159
Views: 13303

Re: What I spent in 6 months on medicare

JoinToday wrote:
Thu Jul 05, 2018 6:13 pm
$2K in 6 months? x2 for husband & wife, approx x2 for whole year. $8K. Wow. :shock:

That is a line item in the budget that I didn't expect. I didn't realize it was so expensive.
I spend about 5 times this for my healthy family of 4 (2 small kids, 2 adults) with high deductible.
by cutterinnj
Thu Jul 05, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: 401k - Target Retirement Fund a good idea?
Replies: 6
Views: 703

Re: 401k - Target Retirement Fund a good idea?

I have quite a bit more in my retirement funds, and I still use target retirement funds- largely due to laziness.
The “set it and forget it” continuous rebalancing May be worth the small premium you pay over admiral index funds
by cutterinnj
Wed Jul 04, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 869
Views: 94669

Re: [What TV Show Have You Recently Watched?]

Watching Better Call Saul on Netflix. Prequel to Breaking Bad, very well done. Also watching "Schitts Creek" on Netflix; light comedy series from Canada featuring Eugene Levi and Chris Elliott, good for breaks. Also watching Rick and Morty on Hulu; hilarious animated series about a sociopathic super...
by cutterinnj
Sun Jul 01, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 14209

Re: What are your property taxes?

New Jersey
Main house:
~5000 sq ft on an acre; probably around $500k value
taxes: 15k/year

house down the street:
~1500 sq ft in retirement community, probably around $250k value
taxes: 8k/year
by cutterinnj
Sat Jun 30, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 111
Views: 8743

Re: Can I buy a Tesla?

Now that I think of it, using Livesoft’s Rule, you probably can’t afford it. Livesoft’s Rule states that you can spend as much on a car as your portfolio has made or lost in a day. That might be a bit extreme. Assuming you have a stable job, you should have a reliable, safe car. You may not be able...
by cutterinnj
Sat Jun 30, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 111
Views: 8743

Re: Can I buy a Tesla?

A few missing pieces of information: How old are you? How much do you have saved for retirement? Do you have any debt? 32 and I am just starting my career as a specialist physician. I have about $160k in retirement About $60k in low interest ( <2%) debt You're a new doctor? ABSOLUTELY DO NOT BUY IT...
by cutterinnj
Sat Jun 23, 2018 9:48 pm
Forum: Personal Consumer Issues
Topic: Apple MacBook Air On Sale $699
Replies: 48
Views: 5614

Re: Apple MacBook Air On Sale $699

I am typing this on my July 2013 Macbook Air. It runs faster than the day I bought it. Other than a battery replacement last October, there's been no maintenance needed. This thing just works like a high-end appliance. Open the shell, and use. I buy these for all my doctors to use in my medical prac...
by cutterinnj
Sun Jun 17, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Has Anyone Tried Youtube TV?
Replies: 55
Views: 6444

Re: Has Anyone Tried Youtube TV?

Just looking at this again, after my post - if I were Verizon/Comcast ...etc., I'd be worried. The set-top box may soon be a thing of the past. We keep Comcast solely because it’s cheaper to have cable and internet than internet alone. Our set top box is sitting on a shelf unplugged. Once 5g is act...
by cutterinnj
Fri Jun 08, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Best solution for digitizing documents?
Replies: 55
Views: 5938

Re: Best solution for digitizing documents?

For my business (medical practice), we've instituted Brother ADS-2800W scanners. they're a bit under $400, but have been wonderful. They are network scanners- meaning, no computer needed- you just touch the LCD screen, and it makes very quick double-sided copies of anything on the feeder. It support...
by cutterinnj
Thu Jun 07, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: daughter wants a college transfer?
Replies: 65
Views: 5628

Re: daughter wants a college transfer?

Cornell is a great school, but has notorious issues with grade deflation.

If she is really interested in med school, transfer to a different (cheaper?) school.
A “C” in Cornell organic chemistry (which might be an “A” elsewhere) won’t cut it.
by cutterinnj
Sun Jun 03, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3900

Re: Is it fine to have 100% of portfolio in VTSAX

It is fine to have 100% in VTSAX with your time horizon.

If you're going to do that, I recommend NOT checking your account or reading the news for the next 20 years, though...
by cutterinnj
Sun Jun 03, 2018 6:22 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 869
Views: 94669

Re: [What TV Show Have You Recently Watched?]

Just finished "The Toys that Made Us"; an 8 part documentary about the toy industry. Great episodes on GI Joe, Transformers, Legos, Star Wars, Star Trek, Hello Kitty toys. Enjoyed it. Currently working through Jessica Jones season 2, then plan on Arrested Development Season 5 and Better Call Saul se...
by cutterinnj
Sun Jun 03, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 7594

Re: Should I put some money aside in money market for market correction

CyclingDuo wrote:
Sun Jun 03, 2018 5:46 pm
santosh wrote:
Sun Jun 03, 2018 4:03 pm
But one thing is bothering me is that market has been going up since 2009 and I feel the market correction is bound to happen.
All you need to know on an index card:

Image

Thanks; downloaded this.
by cutterinnj
Sun Jun 03, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can a physician work in tech while practicing as well?
Replies: 57
Views: 4246

Re: Can a physician work in tech while practicing as well?

Regardless, I think I'm good enough to explore this field and feel that its niche enough (bridging medical knowledge - to ask the right questions and tailor the EMR/informatics to help doctors with the tech side-figuring out how to do it) that I would be marketable if done right for a hospital- adm...
by cutterinnj
Sun Jun 03, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can a physician work in tech while practicing as well?
Replies: 57
Views: 4246

Re: Can a physician work in tech while practicing as well?

Im really interested in expanding my abilities and challenging myself. I am a doctor about to finish residency. In a few years- maybe 3-4 years from now I would like to explore a path in tech but also continue practicing medicine at the same time. Maybe get a masters in engineering EE while working...
by cutterinnj
Sat May 19, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 6799

Re: What’s your phone/internet bill?

Comcast 250 mbps Internet Basic cable (probably about 50-100 channels? I don't turn it on) plus HBO $78 including taxes and the ridiculous made-up fees they tack on. I would do Internet only in a heart beat, but it would actually be more expensive than Internet + Cable. I just about never use the TV...
by cutterinnj
Sat May 19, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Curiosity - Kaiser docs compensation
Replies: 19
Views: 2997

Re: Curiosity - Kaiser docs compensation

I think the main selling point of KP is the pension.

I remember one of my med school colleagues did a 6 year residency there, and he believed that the time counted towards his pension- so most KP residents ended up staying on as faculty.

In private practice, there are no pensions...
by cutterinnj
Sat May 19, 2018 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Surgeon salary vs owning a business salary/profit?
Replies: 47
Views: 4648

Re: Surgeon salary vs owning a business salary/profit?

I am a surgeon in a high pay, low stress subspecialty that makes > 700K and I will readily admit, I got lucky. I don't recommend that people pursue med school and especially surgery unless they can't see themselves doing anything else in life. Surgery. Low stress. >700K Honestly thought the only su...
by cutterinnj
Sat May 19, 2018 12:44 am
Forum: Personal Consumer Issues
Topic: Curiosity - Kaiser docs compensation
Replies: 19
Views: 2997

Re: Curiosity - Kaiser docs compensation

Neurosurgeon $290k-315k?

Seems awefully low.
by cutterinnj
Sat Apr 28, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Lexus ES 350 versus Hyundai Genesis
Replies: 22
Views: 6817

Re: Lexus ES 350 versus Hyundai Genesis

Bumping up. Owners of 2 lexus, I drive an ES330, love it. The interior is elegant, great sound quality, very reliable. The 2018 Lexus ES interior is so very disappointing. We are considering a Genesis. One reservation I have is the reliability factor that CR has rated. We will be soon testing out a...
by cutterinnj
Sat Apr 28, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Family vacationing
Replies: 41
Views: 4460

Re: Family vacationing

Where do you live? We've done some recent trips with the help of AirBNB/Home Away. Just did Arizona- Phoenix, then Sedona, then Page; full (small) houses were between $100-$200 per night; we saved by eating in and doing laundry, etc... Lots to do there- Phoenix had some relatively inexpensive museum...
by cutterinnj
Sat Apr 28, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Comfortable Commuter Cars under $50K
Replies: 81
Views: 6490

Re: Comfortable Commuter Cars under $50K

I have a Lexus ES350 that I like.
Bought 2014 certified model last year for $23k, and includes “new” warranty for 3 years.

Extremely comfortable and nice to drive.
by cutterinnj
Sat Apr 07, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a resident physician
Replies: 13
Views: 979

Re: Asset allocation for a resident physician

Might be too heavy in bonds for your outlook but it also depends on your risk tolerance. Most would argue against tips during accumulation. International allocation looks to be a bit too low. Why prime cap? If you have any loans at the lovely 6.8% interest rate it would be worthwhile to direct mone...
by cutterinnj
Thu Apr 05, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Second home [buy with retirement funds?]
Replies: 51
Views: 3607

Re: Second home [buy with retirement funds?]

You can probably do better by just renting as needed.
AirBnB, Homeaway, and other similar sites allow you to find what you want, when you want it, without much of the liability of owning property.
by cutterinnj
Wed Apr 04, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Camry. What's wrong with me?
Replies: 99
Views: 6784

Re: 2018 Camry. What's wrong with me?

Try a Lexus.
Fractionally more than the Camry, but very nice to drive
by cutterinnj
Thu Mar 29, 2018 6:30 am
Forum: Personal Consumer Issues
Topic: Question for physicians-- is my taking call worth it?
Replies: 61
Views: 7282

Re: Question for physicians-- is my taking call worth it?

I was in a similar predicament; I'm a private practice urologist, and a local hospital with very high uninsured population needed coverage. The rate they were paying went higher than $3k per 24 hour period, and wouldn't preclude me from seeing patients during the day. I decided that it was not worth...
by cutterinnj
Sun Mar 18, 2018 7:28 pm
Forum: Personal Consumer Issues
Topic: Bogleheads car buying strategies with new safety technologies
Replies: 71
Views: 5803

Re: Bogleheads car buying strategies with new safety technologies

I just went from a used 2007 Lexus ES to a 2014 CPO Lexus ES a few months ago. The differences are huge; comfort, as well as safety- lane changing, parking, collision detection are great. I think the next step is when autonomous driving will be standard; I'm guessing I'll be buying a 2022 version of...
by cutterinnj
Sun Mar 11, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Online High yield savings account for emergency funds
Replies: 48
Views: 7500

Re: Online High yield savings account for emergency funds

VMMXX, vanguard money market, pays about 1.5%.

No, it’s not fdic insured; however, if this defaults, the world has bigger problems.
by cutterinnj
Sat Feb 24, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: What vacations or weekend getaways are you taking this summer?
Replies: 24
Views: 2094

Re: What vacations or weekend getaways are you taking this summer?

Snuffycuts99 wrote:
Sat Feb 24, 2018 10:54 pm
DisneyWorld

Magic Kingdom on the Fourth of July

Hot, rainy, and packed....but I can't wait to see the happiness it brings the kiddos. 5 year old girl and 3 year old boy...they're gonna love it!
Get your fast passes now!
by cutterinnj
Sat Feb 03, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7364
Views: 1546773

Re: U.S. stocks in freefall

Nice little drop yesterday. I put a few G's in VTSAX. Will do the same when it falls some more. Like buying at a discount.
by cutterinnj
Tue Jan 30, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 10663

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

My iPhone 6 is 3.5 years old. The battery life is terrible, and I opted for the $29 battery replacement. They told me it would be in stock in two weeks though. Ignoring battery life, the phone performance is noticeably slow. Opening apps and trying to compose a text message are both slow. My wife j...
by cutterinnj
Sat Jan 27, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Need for Education in Investing
Replies: 4
Views: 317

Re: Need for Education in Investing

I’m working through a graduate class on corporate finance (for fun) and the unit is on time value of money. My thought through this entire thing is, why isn’t this a mandatory in high school? Seriously, in 11th or 12th grade, instead of basketball, spend a month teaching kids about present and futur...
by cutterinnj
Sat Jan 27, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 10663

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I wouldn’t use a 5- it’s not 64 bit and I’m not sure it is compatible with ios11- it certainly won’t be with ios12 or any new applications. It also represents a security issue, and it also needs a new battery ($80 or so.) The iPhone SE is a sweet spot- there have been plenty of deals where you can g...
by cutterinnj
Sat Jan 27, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1836

Re: College student co-op, pre-med

There is no wave of doctors that are taking over health care admin. It is firmly in the grip of mbas and probably for good reason. Healthcare is complicated and just because physicians aren't in charge of how a hospital is run does not mean it is wrong. Docs can do some admin training but it is com...
by cutterinnj
Sat Jan 20, 2018 3:22 am
Forum: Personal Consumer Issues
Topic: Medical Appointment Cancellation Policies/Fees
Replies: 36
Views: 2468

Re: Medical Appointment Cancellation Policies/Fees

Teenage daughter had an appointment to go see a medical specialist. There was a snow-storm and she is nervous driving in the snow (and my theory is "why risk it") so she canceled the appointment. Specialist is now assessing an $85 cancellation fee because there wasn't enough advance notice of the c...
by cutterinnj
Thu Jan 18, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 6378

Re: To the doctors on the forum

Here's the conversation I had with my son's pediatrician at his last visit for a medication check (10 minutes sitting with her discussing how the medication is working and whether she wants to make any changes). Me: These visits are very expensive. Dr.: How much are they? I don't handle the billing...
by cutterinnj
Thu Jan 18, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 9040

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

WCI: If you are reading this, please do not let the negative comments bother you. I enjoy reading your posts and I understand that the course is not aimed at bogleheads in general. Not at all. I actually appreciate the feedback. But most of the posters in this thread are exactly right- if you are c...
by cutterinnj
Thu Jan 18, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 9040

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Also his whole idea that somehow investing is different because it's for doctors is flawed. Hmm. I'm not a doctor, but seems to me like there are some areas where financial planning is different for doctors. Investing is probably about the same as for other high income folks. WCI covers investing b...
by cutterinnj
Thu Jan 18, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 9040

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Although it’s incredibly basic for bh, I do buy the wci book for all of my new docs.

That said, I can’t imagine what you would get for $400 that you don’t already have.

Would steer clear.
by cutterinnj
Sat Dec 23, 2017 10:48 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3756
Views: 1067220

Re: What Movie Have You Recently Watched?

The Last Jedi; Just watched it a second time (with my daughter) Loved it. Emotional, and broke out of many of the traditional Star Wars tropes. Won't give any spoilers (to the 3 fans in the world who haven't seen it yet), but Rian had no issues making choices that might upset some fans; but likely n...