Search found 237 matches

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: 777

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: 2974

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: 5417

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: 6471

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: 4764

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: 6378

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: 1753

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: 6425
Views: 1378385

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: 8953

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: 244

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: 8953

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: 1584

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: 2206

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: 5516

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: 7810

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: 7810

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: 7810

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: 3502
Views: 987944

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...
by cutterinnj
Sun Dec 10, 2017 8:35 am
Forum: Investing - Theory, News & General
Topic: An argument for investing in bitcoin
Replies: 10
Views: 741

Re: An argument for investing in bitcoin

Wouldn't this just be speculation?
Similar to precious metals, pork bellies, and the like?
Maybe a step beyond, close to gambling?

I guess if speculation and/or gambling has a role in your portfolio for some reason, then maybe?
by cutterinnj
Sat Dec 09, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 83
Views: 5895

Re: I am buying a car: Most/Least Reliable Makes?

Your list is missing Lexus ( essentially a really well-made Toyota) which goes at the top My move for about the last 10 years is to buy the ES model a few years out and let the first owner take the depreciation. Currently driving a loaded 2014 I got for 24k, with unlimited mileage original Lexus war...
by cutterinnj
Sat Dec 09, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 18072

Re: Save all this money, what do you splurge on?

For us, it’s travel My 4 and 7 year olds have been on more cruises than an average 80 year old. We do at least a cruise a year, plus a fairly long exploration trip. Last year we did 2 weeks in California, this year we did Maine. Looking into Alaska next year (Although the 4 year old keeps talking ab...
by cutterinnj
Wed Dec 06, 2017 7:28 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 267
Views: 19445

Re: Do people still use AAA?

I joined AAA 10 minutes after my alternator broke and my car broke down this past summer. It was $50 well spent. Not sure I will renew it or just pay another $50 membership the next time a car dies. It is a lot cheaper than paying for towing.
by cutterinnj
Sun Dec 03, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 10320

Re: Any retired boglehead doctors out there?

I'm a surgical subspecialist. My job is 4 days a week. This is what all my partners work as well. Not really "semi-retirement", but not working 5 days a week is absolutely key. I also mainly do work in the office (including procedures), and rarely do anything at a hospital, which I think is a huge ...
by cutterinnj
Sun Dec 03, 2017 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 10320

Re: Any retired boglehead doctors out there?

I'm a surgical subspecialist. My job is 4 days a week. This is what all my partners work as well. Not really "semi-retirement", but not working 5 days a week is absolutely key. I also mainly do work in the office (including procedures), and rarely do anything at a hospital, which I think is a huge ...
by cutterinnj
Sun Dec 03, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Any websites to help find a great doctor?
Replies: 36
Views: 2771

Re: Any websites to help find a great doctor?

Toons wrote:
Thu Nov 30, 2017 4:40 pm
This website might be of assistance
"Best Urologists"
https://www.ratemds.com/best-doctors/?c ... =urologist



:happy
That website is gamed just as hard as pretty much all the others.
Very hard to get objective data online unfortunately.
by cutterinnj
Sun Dec 03, 2017 6:10 pm
Forum: Personal Consumer Issues
Topic: Any websites to help find a great doctor?
Replies: 36
Views: 2771

Re: Any websites to help find a great doctor?

* I am not seeking medical advice.* One generally asks friends and family to recommend a medical provider. Sometimes a primary care physician can be relied upon to recommend a specialist. I have been interested in finding an excellent urologist in the Bay Area. I feel uncomfortable posting about it...
by cutterinnj
Sun Dec 03, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 10320

Re: Any retired boglehead doctors out there?

I'm a surgical subspecialist. My job is 4 days a week. This is what all my partners work as well. Not really "semi-retirement", but not working 5 days a week is absolutely key. I also mainly do work in the office (including procedures), and rarely do anything at a hospital, which I think is a huge t...
by cutterinnj
Sun Dec 03, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 7408

Re: How to convince DW that high miles used car is OK

I just had a 118k mile Lexus that I traded for a 39k mile newer version last week. I had bought it at 70 4 years ago. Had an issue with a coil 1 month after I bought it, then it ran great until about 110k miles. After 110k, alternator went on way to work. Then had an issue with spark plugs and coils...
by cutterinnj
Sat Dec 02, 2017 5:33 pm
Forum: Personal Consumer Issues
Topic: Should I keep the new iPad I bought or return it?
Replies: 51
Views: 4069

Re: Should I keep the new iPad I bought or return it?

iPhone 5S? Should have upgraded that. I did.....I just put a new battery in it :D I strongly recommend upgrading to the iPhone SE. It is the same size as the 5S but the innards and camera are far more powerful. They constantly run specials where you can get it for less than $150. I upgraded both my...
by cutterinnj
Wed Nov 29, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 10253

Re: Why should I donate to my alma matter?

I graduated 20+ years ago and every year give a token $50-100. I do it mainly to add to their "participation numbers". I have no dreams/plans for my children to attend this school. I also do not keep in touch with any of my classmates, apart from a once every few years meetup... I was on a huge aid...
by cutterinnj
Sat Nov 11, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 126
Views: 16789

Re: Tipping for restaurants where you order at the counter

At non-chain/family owned places, I will often give $1 or $2 for pick up.
There's a great Pho place down the street that's cheap; I have no problem supporting our local community like that.
by cutterinnj
Sat Nov 11, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Reduces 529 Fees
Replies: 10
Views: 1531

Re: Vanguard Reduces 529 Fees

Huh? Vanguard is a for-profit brokerage and they are currently losing a price war to other fund providers who have been announcing their lower fees left and right. As for their 529 plan - they don't even offer the cheapest way to access Vanguard funds in a 529. 0.16% ER's for 529's are some of the ...
by cutterinnj
Sat Nov 11, 2017 7:54 pm
Forum: Personal Consumer Issues
Topic: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?
Replies: 11
Views: 898

Re: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?

From what I recall, the aquarium there was not that impressive (the water park, on the other hand, was phenomenal.)

Would just take a cab to the beach- much cheaper.
Nassau isn't that great of an island, and can be quite dangerous at night.
by cutterinnj
Thu Nov 09, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: How can I get my kids into Vanguard Primecap
Replies: 12
Views: 1995

Re: How can I get my kids into Vanguard Primecap

Even if they can't do a Roth, they can still do a regular IRA, which is a great retirement vehicle.

Also, he could just use the Target Funds; not sure Primecap has an advantage.
by cutterinnj
Wed Nov 08, 2017 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 39737

Re: Did you tell anyone you paid off your mortgage?

I always debate this in my heady. However, with mortgage rates so incredibly low (less than 3%), I feel bad about paying it off completely just yet.
by cutterinnj
Sun Oct 22, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 107
Views: 8145

Re: How does/can Walmart offer such inexpensive prescriptions?

I am a physician (as are many on this Forum, I would suspect!). Walmart, KMart, and Target all have $4/month lists that they keep up to date with a wide variety of generic pills. The latest lists you can get from their websites. As some have mentioned, these are loss-leaders, to get you in the door...
by cutterinnj
Sun Oct 22, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 107
Views: 8145

Re: How does/can Walmart offer such inexpensive prescriptions?

I am tired of having elderly patients trying to decide if they should pay for heating oil or their meds. I began buying drugs for my financially challenged patients a few years ago. I take no profit and give the meds at cost, or free. You are a very good person. However, be careful. That is technic...
by cutterinnj
Sun Oct 22, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: how often to upgrade phone?
Replies: 44
Views: 3009

Re: how often to upgrade phone?

Yeah, I don't buy it. Stay frugal. Still using my iPhone 3GS. Will probably get a used 6 or 6s in another year or so from Swappa or eBay. Do you use it for anything more than making phone calls? I don't think it could do more than that at this point. There's frugal, then there's using obsolete tech...
by cutterinnj
Sat Oct 21, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Where to park $100,000 safely for 2-3 years?
Replies: 17
Views: 3118

Re: Where to park $100,000 safely for 2-3 years?

Follow up question-
Is there an analogous fund that you could park money in vanguard that is similar to an ally account ?
by cutterinnj
Sat Oct 21, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 79
Views: 5768

Re: Paying for medical school for son?

Is your son an only child? If so, why not allow him to start off debt-free in a career that will afford him FI at a relatively early age with opportunities to do whatever he wants in the field (charitable medical work, own practice, whatever)? +1 +2 Best thing my dad ever did for me. 10 years into ...
by cutterinnj
Sun Oct 15, 2017 8:50 am
Forum: Personal Consumer Issues
Topic: Antivirus Software Recommendations
Replies: 47
Views: 4507

Re: Antivirus Software Recommendations

On the few windows machines we run, windows defender is all we use.

Personally, I've used a Mac since 2013, and have never worried or thought about viruses.
by cutterinnj
Thu Oct 12, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Going First Class
Replies: 42
Views: 2990

Re: Going First Class

Never done a first class flight; don't quite understand it.
I can watch the Netflix shows I downloaded to my phone sitting semi-reclined almost as well as I can fully-reclined.
Would rather take the money and have a nice meal (or 10) later.
by cutterinnj
Mon Oct 09, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 17395

Re: Hope I'm not unwittingly wading into anything here...

Bogleheads: Folks who wish to optimize their financial portfolios by removing waste

MMM: Hippies who also follow Bogle.
by cutterinnj
Sun Oct 08, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do with your empty inkjet cartridges?
Replies: 22
Views: 1856

Re: What do you do with your empty inkjet cartridges?

We have a computer recycling shop not too far from us.
I drop off all consumed or broken electronics goods there

Ink carts I will either bring there or staples- staples used to give a small return for each- but now only do that if you buy a lot from them.

Still better than a landfill
by cutterinnj
Sun Oct 08, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: Amazon Fresh & the value of your time
Replies: 25
Views: 3162

Re: Amazon Fresh & the value of your time

Update on our delivery today; (we've been getting 2 deliveries per week for approximately the past 4 months.) It is so nice to be able to get your groceries Sunday morning! USPS has pretty much always delivered on time. We are also glad that they are delivering more Whole Foods products; our closest...
by cutterinnj
Sat Oct 07, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 77
Views: 7992

Re: Tips on Uber

Do people usually tip on Uber? How much? How, cash or on the app? No, I never tip. The cost of running a business should be built into the sticker price. So do you not tip at restaurants? Not tipping isn't the answer to this. The drivers don't get to choose whether or not to build in a tip. If you ...
by cutterinnj
Wed Oct 04, 2017 6:01 am
Forum: Personal Consumer Issues
Topic: TV DVR Dilemnia: OTA or Satellite
Replies: 11
Views: 1139

Re: TV DVR Dilemnia: OTA or Satellite

Consider a trial of hulu.
It had a lot of shows which aren't on Netflix.
by cutterinnj
Wed Oct 04, 2017 5:57 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 206
Views: 26085

Re: MoviePass-Too good to be true, but it's legit.

Is there an easy way to start and stop service? Like if I only want it for December?
A bunch of films I would see in December...
by cutterinnj
Sun Oct 01, 2017 6:51 am
Forum: Personal Consumer Issues
Topic: Amazon Fresh & the value of your time
Replies: 25
Views: 3162

Re: Amazon Fresh & the value of your time

We have switched to using Amazon Fresh for ALL of our grocery needs. It is truly wonderful It is cheaper than our Shoprite. There have been some "quirks" in its use- they may forget something or pack something in a weird way. However, EVERY time they make a mistake, we call, and they give us credit ...
by cutterinnj
Sat Sep 23, 2017 4:51 pm
Forum: Personal Consumer Issues
Topic: Anyone used Amazon to buy household goods
Replies: 26
Views: 2288

Re: Anyone used Amazon to buy household goods

We get pretty much everything from Amazon

Amazon fresh delivers all our groceries.

It's generally cheaper than shop rite, not even taking account the time saved.

We also get 5% back on all Amazon purchases with our Amazon card.