Search found 38 matches

by consciousoverride
Wed Sep 21, 2016 5:18 pm
Forum: Forum Issues and Administration
Topic: Proposal - create a public Slack channel
Replies: 4
Views: 1764

Proposal - create a public Slack channel

I think there could be value in creating a boglehead public slack channel. Has anyone considered this?
by consciousoverride
Wed Sep 23, 2015 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Student Loans - During or After Residency?
Replies: 9
Views: 936

Re: Refinance Student Loans - During or After Residency?

So I did the entire online in-residence loan application with linkcapital.com from the link on whitecoatinvestor.com. The loan application process was incredibly tedious and at the end of it all the rate that was offered was 6.1X as opposed to the current 6.55. Not nearly as low as the supposed rate...
by consciousoverride
Mon Sep 14, 2015 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Student Loans - During or After Residency?
Replies: 9
Views: 936

Re: Refinance Student Loans - During or After Residency?

You should contact the companies you're interested in and see what they say. I'm betting you'll get a much better rate after she's graduated and has that first "attending paycheck" in hand. That's what I was assuming: that the rate is better once employed. That is 8 months from now though, so 8 mon...
by consciousoverride
Sun Sep 13, 2015 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Student Loans - During or After Residency?
Replies: 9
Views: 936

Re: Refinance Student Loans - During or After Residency?

The private companies like SoFi and DRB won't refinance while she's in residency anyway. They want to see pay stubs and tax records. So you don't have to worry about this decision right now because she wouldn't qualify right now anyway. What triggered my question is the fact that, apparently, they ...
by consciousoverride
Sun Sep 13, 2015 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Student Loans - During or After Residency?
Replies: 9
Views: 936

Refinance Student Loans - During or After Residency?

My wife is in her last year of residency and I'm attempting to discern whether we wait till she is out of residency to refinance her high interest rate student loans or if we attempt to do so today. It wasn't till very recently that I even knew there was a viable option for refinancing. They are cur...
by consciousoverride
Sun Sep 06, 2015 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Where to register an LLC for a rental Property
Replies: 3
Views: 736

Re: Where to register an LLC for a rental Property

Set up your LLC in the state in which your property exists. Otherwise, you will pay more in state filing fees. Setting up the LLC in another state will just require you to file another return in that state thereby costing you more in fees. Here's a great podcast on this very thing: http://www.norada...
by consciousoverride
Sun Aug 23, 2015 4:38 am
Forum: Personal Finance (Not Investing)
Topic: Buying rental property in your hood
Replies: 8
Views: 1841

Re: Buying rental property in your hood

I'm also exploring potential investment properties. From what I've read thus far significant effort should be placed on "making your money going in". Never buy for appreciation, it amounts to speculation. If you just happen to live down the street from a significantly undervalued property then all t...
by consciousoverride
Tue Apr 21, 2015 1:06 am
Forum: Personal Finance (Not Investing)
Topic: How to evaluate different personal asset protection methods?
Replies: 4
Views: 664

Re: How to evaluate different personal asset protection meth

The umbrella is the most important from what I've read on the topic. If at all possible moving more of your savings into tax sheltered accounts. Obviously, employee sponsored and the subsequent rollovers are a better bet from an asset protection point of view. Mega-roth-backdoor or the like would he...
by consciousoverride
Fri Feb 27, 2015 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Tax Question
Replies: 9
Views: 1017

Re: Inheritance Tax Question

Thanks for clearing that up. I was under the impression we would have to claim the inheritance as income. I've never looked into this sort of thing before. I find it refreshing that the federal limits are relatively high and few states have any inheritance tax of any sort. My wife will save signific...
by consciousoverride
Fri Feb 27, 2015 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Tax Question
Replies: 9
Views: 1017

Inheritance Tax Question

My wife's uncle recently passed and apparently he's willed a percentage of the proceeds from the sale of his estate. They're being hush about what that amount could be. I'm guessing it will be somewhere as low as 10k to as high as 50k. Since we're planning to put the entirety of it towards her loans...
by consciousoverride
Sat Feb 21, 2015 2:43 am
Forum: Investing - Theory, News & General
Topic: Retirement Distribution Formula - Based on Happiness Science
Replies: 1
Views: 596

Retirement Distribution Formula - Based on Happiness Science

Thanks to a few brave economists we have a rough formula for determining the amount of annual income needed to no longer have it impact our happiness in any meaningful way. We can basically determine the happiness to dollar ratio based on current understandings of happiness. http://pages.ucsd.edu/~a...
by consciousoverride
Sat Feb 21, 2015 1:57 am
Forum: Investing - Theory, News & General
Topic: Correlations Between Human Population and Market Cap?
Replies: 1
Views: 503

Correlations Between Human Population and Market Cap?

I'm curious if any studies have been performed on the potential relation between human population and average market capitalization of companies? That is, to what extent - if any - does population growth and decline globally as well as in a particular region impact company market capitalization in t...
by consciousoverride
Fri Oct 10, 2014 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to avoid tax on sale of home?
Replies: 10
Views: 1266

Re: How to avoid tax on sale of home?

Thanks guys. Geez, perhaps it's time to give some of these old books away.

It looks like under to new rules I don't get hit. I haven't been in this house for two years, but the prorated policy applies as the move is job related.
by consciousoverride
Fri Oct 10, 2014 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to avoid tax on sale of home?
Replies: 10
Views: 1266

How to avoid tax on sale of home?

Hi All, I am selling my house in CT and moving to Seattle. Going back to apartment living for a couple years. Knowing that I wont be purchasing another home how can I avoid paying taxes on the sale of my existing home? I'm selling for more than I paid but once I include all the renovations it's at a...
by consciousoverride
Mon Mar 03, 2014 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes Help
Replies: 4
Views: 470

Re: Taxes Help

It's actually MAGI-based, not AGI-based. IRA contributions do not lower your MAGI (they lower your AGI, but are then added back in to your AGI to get to your MAGI). So yeah then I'm screwed. This will be the first year I owe taxes. I fell off the boglehead wagon in 2013, bought a house and too many...
by consciousoverride
Mon Mar 03, 2014 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes Help
Replies: 4
Views: 470

Taxes Help

Hey All, I'm attempting to lower our AGI in order to qualify for the Lifetime Learner Credit ($2k). The limit for that credit is $127,000 for married filling jointly. We're at approximately $143k AGI. It would be really nice to get it low enough to allow for that tax credit. If we were somehow able ...
by consciousoverride
Tue Dec 31, 2013 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Help - Pension or 403b(with match)?
Replies: 1
Views: 271

Help - Pension or 403b(with match)?

Hey Bogleheads! My wife and I recently relocated for her work and I just started a new position. The employer offers a choice between a pension plan and a 403b. I'm attempting to determine under what circumstances one is better than the other. :confused My pre-calculation assumption is the pension b...
by consciousoverride
Tue Jan 08, 2013 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: salary allocation advice
Replies: 12
Views: 1587

Re: salary allocation advice

Caution .... If you take out a 401 k loan and subsequently leave employment with that employer for any reason ( quit, terminated etc.), the loan must be repaid fully or it is deemed to be a distribution, and subject to the rules for that, ie taxable and potentially subject to the early distribution...
by consciousoverride
Tue Jan 08, 2013 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: salary allocation advice
Replies: 12
Views: 1587

Re: salary allocation advice

Max out your 401k so you don't lose the tax advantaged space for that year, then take out a 401k loan and pay off the car. Interesting idea. What would be the fees associated with doing this? I'm somewhat worried that my saving isn't enough for a downpayment of 20%. It might be a stretch to fully p...
by consciousoverride
Mon Jan 07, 2013 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: salary allocation advice
Replies: 12
Views: 1587

Re: salary allocation advice

I would suggest getting rid of the car loan in preference to maxing out the retirement plans. Paying down the car loan is a 5.25% return, risk-free and tax-free; you can't earn that in the 401(k) without a lot of risk. Investments returned 18% in 2012, granted that's no indication of future returns...
by consciousoverride
Mon Jan 07, 2013 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: salary allocation advice
Replies: 12
Views: 1587

salary allocation advice

I'm trying to determine how to allocate my income for the remaining six months before moving for my wife's podiatry residency (yet unknown locale). In 2012 I maxed out my 401k and rollover IRA while only paying 15% over the minimum on my car loan (5.25%). Considering the markets move upwards that pr...
by consciousoverride
Sun May 20, 2012 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Resident Physician - need of major help.
Replies: 75
Views: 11747

Re: Resident Physician - need of major help.

In addition to the great book recommendations by Dr. Bernstein, there are quite a few government loan consolidation programs available. I would pay off the high interest rate student loans in that one year, then consolidate the others. You may be able to receive a better interest rate with a consoli...
by consciousoverride
Thu May 10, 2012 4:43 pm
Forum: Investing - Theory, News & General
Topic: Are there any Ex-Bogleheads?
Replies: 110
Views: 11071

Re: Are there any Ex-Bogleheads?

Well said investor1.There are other ways to invest.Sometimes I get the impression that many Bogleheads believe it is impossible to do better than the index funds over time.There are millions of investors who have no idea what a boglehead is and I guarantee you they are not all underperforming the m...
by consciousoverride
Thu May 10, 2012 3:09 pm
Forum: Investing - Theory, News & General
Topic: Are there any Ex-Bogleheads?
Replies: 110
Views: 11071

Re: Are there any Ex-Bogleheads?

Believe it or not there are many very successful investors who invest in individual stocks and will not touch an index fund.Seeking Alpha has a lot of very smart people who would be the anti-boglehead so to speak.A small pct.of people who are very talented at researching and picking stocks get much...
by consciousoverride
Mon May 07, 2012 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Young noobie
Replies: 3
Views: 424

Re: Young noobie

I don't really understand the "finance" terminology such as equity and the likes but I am willing to learn. However, I don't learn well by reading. I like to see examples which makes this particularly tough for me. I don't think you can get there without being open to reading. If you enjoy examples...
by consciousoverride
Mon May 07, 2012 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Are 20 somethings handicapped bc of inflation and little SS?
Replies: 162
Views: 13541

Re: Are 20 something's screwed bc of inflation and little/no

Perhaps the most important guidance of this and similar forums (if any) is that the past and present are uncertain guides to the future. Or as my dear departed mother would say, don't cry before you're hurt. Anything can happen between now and 2042, when our mortgage will be paid off as I turn 104....
by consciousoverride
Wed May 02, 2012 4:33 pm
Forum: Investing - Theory, News & General
Topic: Index popularity bad for avg index returns?
Replies: 4
Views: 741

Index popularity bad for avg index returns?

I'm sure this isn't a new question, but I haven't a clue what search terms to use to find relevant threads. Is there a negative correlation between the popularity of index funds and the return of index funds? Does a certain portion of the success rely on there being enough traders in the market spec...
by consciousoverride
Wed May 02, 2012 12:58 am
Forum: Personal Consumer Issues
Topic: Another Facebook Concern
Replies: 72
Views: 6877

Re: Another Facebook Concern

Just as I was feeling smug about staying away from Facebook, I came across this article, What Online Social Networks May Know About Non-Members "Our investigation made clear the potential social networks have for inferring information about non-members. The results are also astonishing because they...
by consciousoverride
Wed May 02, 2012 12:38 am
Forum: Personal Finance (Not Investing)
Topic: leaving a job
Replies: 14
Views: 1930

Re: leaving a job

I've been in IT for about 20 years. Turning 40 this year... right now I'm vastly over-employed and with the current bubble blowing in technology I don't see that changing in the next few years. I work full time for an investment bank and currently have two side-projects. Suffice it to say I could l...
by consciousoverride
Tue May 01, 2012 10:02 pm
Forum: Investing - Theory, News & General
Topic: Facebook IPO May 18th
Replies: 16
Views: 1800

Re: Facebook IPO May 18th

Aside from the historical data pointing to it being a bad idea, in this case I can't help but think of the increasing speed at which existing tech companies are being disrupted. RIM is all but deceased, HW manufacturers are following in the footsteps of IBM (services), myspace (killed by FB), etc. D...
by consciousoverride
Tue May 01, 2012 9:36 pm
Forum: Investing - Theory, News & General
Topic: Facebook IPO May 18th
Replies: 16
Views: 1800

Re: Facebook IPO May 18th

Relatively new to this board and so I still have quite a few of the bogle scriptures fresh in my mind. This is the excerpt I immediately thought of: "My advice is that you should not buy IPOs at their initial offering price and that you should NEVER buy an IPO just after it begins trading at prices ...
by consciousoverride
Fri Apr 27, 2012 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House in SF
Replies: 82
Views: 7280

Re: Buying a House in SF

East Bay resident here, I rent for a meager 1400 a month. If I was single I would have a roommate and stuff away an even larger percentage of my paycheck. I would do the math and determine how many years you would have to live in the purchased SF home before breaking even compared to renting a compa...
by consciousoverride
Fri Apr 27, 2012 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: To pay off the house
Replies: 7
Views: 1314

Re: To pay off the house

Doesn't sound like the math would be too hard. Calculate the interest saved by paying off the house and compare that to the (tax hit + the lost opportunity costs). The mortgage tax deductions should most likely be taken into account. Interested to see what you come up with.
by consciousoverride
Fri Apr 27, 2012 1:22 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1493623

Re: What Book Are You Currently Reading? Part V

Bryson: The Life and Times of the Thunderbolt Kid: A Memoir Great book! The dad and his random exercises are hilarious. The entire time I was reading it I kept relating the young Bryson to the character in "The Christmas Story". I guess I had few sources of information to draw from for that era. lol
by consciousoverride
Thu Apr 26, 2012 1:35 am
Forum: Personal Consumer Issues
Topic: career hedging
Replies: 9
Views: 1779

Re: career hedging

29 in tech, I can't imagine doing this in my 40's. At some point I want to come home and not read a tech book. Interested in where this thread goes.
by consciousoverride
Wed Apr 25, 2012 11:49 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1493623

Re: What Book Are You Currently Reading? Part V

Thanks guys, I added a few to my amazon wish list as a result of this thread. I always have a few going: - Almost done with "The Lean Startup". Filled with great advice regardless of how mature the business is. Metrics that matter and the customer feedback loop are especially useful. Along with the ...
by consciousoverride
Wed Apr 18, 2012 2:20 am
Forum: Investing - Help with Personal Investments
Topic: Saying Hi
Replies: 4
Views: 825

Re: Saying Hi

I just wanted to check this: I've setup direct deposit so I can max out my contribution amount to all three for 2012. I'm sure you are aware that you cannot add 5k to an IRA and a Roth. Didn't realize that, though I vaguely remember reading that at some point. Never came close to contributing enoug...
by consciousoverride
Mon Apr 16, 2012 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Saying Hi
Replies: 4
Views: 825

Saying Hi

Hi Bogleheads! I'm new to the forum and to the "boglehead" strategies. I registered after coming across "The Bogleheads Guide to Investing" at BN by chance. I just thought I would drop in and say hi while I continue to educate myself for an eventual post asking for AA assistance. I started this jour...