Search found 25 matches

by emdoc
Wed Aug 22, 2018 2:23 am
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2 job
Replies: 5
Views: 464

Re: 1099 vs W2 job

Jablean wrote:
Wed Aug 22, 2018 1:56 am
What flexibility are they giving you as 1099? Work from home? Set your own hours?
The job is the same whether I am W2 or 1099. It is a part time position. I get the same flexibility for hours regardless.
by emdoc
Wed Aug 22, 2018 1:03 am
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2 job
Replies: 5
Views: 464

1099 vs W2 job

Hello all, I am transitioning jobs and needed some advice. I will keep a W2 job that pays about 50k a year. No benefits but access to a 401k that I can contribute to with no match. I will do some side independent contractor work for another 150k as a 1099. (Plan to do a solo 401k and max out employe...
by emdoc
Tue Jan 27, 2015 8:34 pm
Forum: Personal Consumer Issues
Topic: Prices Paid - 2015.5 Volvo XC60 T6 AWD Platinum/Climate/Blis
Replies: 13
Views: 3864

Re: Prices Paid - 2015.5 Volvo XC60 T6 AWD Platinum/Climate/

In case you have some vacation time, you may want to look into their overseas delivery program. I randomly read about it a few months ago. I think they have a factory price list on this website, that includes airline tickets to their factory in Sweden, free hotel stay etc. Of course if their price i...
by emdoc
Sat Aug 02, 2014 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Inexpensive paper check replacement?
Replies: 19
Views: 2187

Re: Inexpensive paper check replacement?

https://www.checksunlimited.com/personalhome.aspx
Apply the code 3V32 and you get 2 boxes of checks for $11 with free shipping.
Unclick on the EZ Shield Protection on the last page to avoid an extra $11.90 fee

This code is still active and is the cheapest option I have seen recently.

Cheers.
by emdoc
Wed Jul 30, 2014 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to 457?
Replies: 41
Views: 6874

Re: Contribute to 457?

I have the fortune of having a governmental 457b but if it was not a governmental 457b, I would definitely still invest in it at your tax brackets - but that's just my personal opinion!
by emdoc
Tue Jul 29, 2014 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Transition from residency to attending - Portfolio review
Replies: 12
Views: 2034

Re: Transition from residency to attending - Portfolio revie

Thank you everyone for your continued feedback. 1) I agree with the others about the 403b... if easy to work with, no need to move unless consolidating makes it easier. -- I'd aim for a good 10-15k at least for emergencies in a money market / st bonds. Make sure to maximize that tax-exempt investing...
by emdoc
Mon Jul 28, 2014 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Transition from residency to attending - Portfolio review
Replies: 12
Views: 2034

Re: Transition from residency to attending - Portfolio revie

Bogleheads - thanks for the comments so far. I had to work this weekend so did not get much of a chance to respond back. Does anyone have any other helpful ideas? I am going for roth contributions to my 403b only because I get the 6 months of resident salary factored into my agi. As for 529, again, ...
by emdoc
Sat Jul 26, 2014 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Transition from residency to attending - Portfolio review
Replies: 12
Views: 2034

Transition from residency to attending - Portfolio review

I just finished residency and started my first real job in mid July with increased income. I thought that now would be a good time to get some more advice from folks here to see what changes I ought to make at this time with my portfolios. Thank you in advance for your help. Emergency funds = $2,000...
by emdoc
Sun Feb 09, 2014 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Taxes for F-1 Visa Non-Resident
Replies: 7
Views: 801

Re: Taxes for F-1 Visa Non-Resident

There should be a personal deduction of 6,100 and exemption of 3,900. So taxes should really be on $3,000 of the income unless there is something not listed in your post. When I was on an F1, I did the 1040 NR EZ and 8843 - given that it looks like there are no complex scenarios for this person, tha...
by emdoc
Thu Apr 18, 2013 5:20 am
Forum: Personal Finance (Not Investing)
Topic: harvard med school vs. penn med+full tuition scholarship
Replies: 115
Views: 19216

Re: harvard med school vs. penn med+full tuition scholarship

Congratulations - you are well on your way to an excellent career. I went from a Top 50 undegrad to an Ivy med. The Ivy med definitely turns heads, where as my undergrad does not - I wish it weren't true. If you were choosing between a Top 10 med school vs Top 50 med school - I would say go with the...
by emdoc
Wed Feb 13, 2013 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: 22 y/o Just Starting
Replies: 32
Views: 2893

Re: 22 y/o Just Starting

New annual Contributions
$5.5k Roth IRA (haven't started yet, this is planned)
If you contribute before April 15th, I would say put in up to $5k for a 2012 Roth IRA, and then put in any more up to $5.5K in a 2013 Roth IRA.
by emdoc
Sun Jan 27, 2013 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vangard: No Roth 403bs
Replies: 13
Views: 1764

Re: Vangard: No Roth 403bs

Are you sure you are actually using Vanguard as the vender and going through them as opposed to going through someone else and getting vanguard funds? If you're comfortable giving out information, can I ask the name of your employer? I'll like to call Vanguard back and ask about roths again using a...
by emdoc
Sun Jan 27, 2013 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Opening a Roth IRA
Replies: 19
Views: 2987

Re: Opening a Roth IRA

Welcome to Bogleheads! I'd say that a Target Retirement Fund 2055 is probably too aggressive for anyone. I started investing at age 25 in a Target Retirement Fund 2030 and would recommend that - it has a nice mix of 80% stocks and 20% bonds (most folks will tell you that it is advisable to have at l...
by emdoc
Sun Jan 27, 2013 5:14 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard a Bad Idea for Investing less than 10k?
Replies: 16
Views: 3741

Re: Is Vanguard a Bad Idea for Investing less than 10k?

I started my Vanguard account with $1000. Definitely no annual fees other than the ERs given everything is electronic.
by emdoc
Sun Jan 27, 2013 5:11 am
Forum: Investing - Help with Personal Investments
Topic: Vangard: No Roth 403bs
Replies: 13
Views: 1764

Re: Vangard: No Roth 403bs

I can confirm that vanguard does NOT offer ROTH 403bs ANYWHERE. I just recently spoke with one of their people on the phone, one of their 403b specialists. (They have a department for 403bs). That is absolutely incorrect. Vanguard definitely allows folks to have a Roth 403b. I have had one with my ...
by emdoc
Sun Jan 13, 2013 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: [Medical Student] Tax efficiency ETF vs index? Betterment?
Replies: 5
Views: 898

Re: [Medical Student] Tax efficiency ETF vs index? Bettermen

Another note; I’m using Betterment.com for now, but would like to learn enough to do it on my own and avoid their fee(.25-.35%) and perhaps(?) have better tax efficiency. MedStudent2016 - Welcome to Bogleheads. You will be very glad you found this website. I was in your shoes a couple of years ago ...
by emdoc
Wed Nov 07, 2012 3:09 am
Forum: Investing - Help with Personal Investments
Topic: 25 yo medical resident looking for advice
Replies: 20
Views: 3326

Re: 25 yo medical resident looking for advice

Since this post was revived by a fellow poster, here is a brief update on my situation now that I am almost half way through residency (ahh, time flies!) Last week, I knocked out the 12K in loans that were due to start accruing interest this month. That felt good. I decided to just pay these down no...
by emdoc
Sat Sep 10, 2011 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed re resident physician salary: raise?
Replies: 25
Views: 3343

After our first year, my institution matches up to 5% of our salary in a Roth or regular 403b. I think that that is a pretty sweet deal and a case could be made for other academic centers to offer this to encourage saving behaviour in residents. I agree with the poster above that asking for intangib...
by emdoc
Tue Aug 16, 2011 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Let's say you get $10,000 under these circumstances...
Replies: 5
Views: 1123

My personal bias would be to top off the emergency fund and put the remaining 6500 to the 6% loan, then try and knock off the remaining 7500 of that student loan as soon as you can. Best of luck!
by emdoc
Wed Aug 10, 2011 3:48 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA retirement funding, target date fund question
Replies: 5
Views: 1345

Hi jasondhsd, Welcome! I am relatively new myself but why not open up a Roth IRA directly with Vanguard and take advantage of the Vanguard Target Retirement 2050 fund directly from them? It has an amazingly low expense ratio of 0.19% and no transaction fees every time you buy - that will amount to a...
by emdoc
Tue Jun 28, 2011 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: 25 yo medical resident looking for advice
Replies: 20
Views: 3326

hardworker - I definitely thank god everyday for how lucky I am. Hang in there - it's totally worth it! (or that's what they say :)) emergdoc and letsgobobby- thanks for your feedback on LTD and STD stuff. I am taking the institutional ones for now and will see about additional insurance closer to t...
by emdoc
Tue Jun 28, 2011 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: 25 yo medical resident looking for advice
Replies: 20
Views: 3326

I'm finding myself puzzling over your loans, moreso given the fact that I'm a resident in what I would guess is your same institution. I'm not sure how you managed to find a loan that effectively defers interest until 2014 (and at 9%? I thought most student loans these days were set at a default ra...
by emdoc
Tue Jun 28, 2011 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: 25 yo medical resident looking for advice
Replies: 20
Views: 3326

I don't know what you mean by the loan starts accruing in 2012 or 2014 does that mean no interest charged yet? If no interest is charged I'd wait until then and pay them off. You are right in that no interest is charged until those dates - these are loans through my medical school and thus are very...
by emdoc
Tue Jun 28, 2011 7:28 am
Forum: Investing - Help with Personal Investments
Topic: 25 yo medical resident looking for advice
Replies: 20
Views: 3326

Emergdoc - thanks for the kind welcome. I only hope I can follow your footsteps some day :) Roth IRA then Roth 403b it is and I'll plan on going with the TR. Thanks for the link to your website - it's pretty amazing! I'll forward the link to some of my good friends... My institution offers Long Term...
by emdoc
Mon Jun 27, 2011 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: 25 yo medical resident looking for advice
Replies: 20
Views: 3326

25 yo medical resident looking for advice

Greetings bogleheaders! Thank you in advance for you help. I am 25, recently graduated medical school and am now starting residency. I have spent a fair amount of time reading through the forums during some of my free time this past year and read The Bogleheads' Guide to Investing (great book!). I’l...