Search found 48 matches

by slippingsloth
Fri Jan 11, 2019 12:15 am
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Money Market Options
Replies: 17
Views: 1262

Re: TD Ameritrade Money Market Options

Agree TDA does not make it easy to find NTF money market options. Can’t sort or filter by that type of fund for my guess the cynical reason to keep people in the poor sweep fund
by slippingsloth
Sun Dec 10, 2017 3:47 am
Forum: Investing - Help with Personal Investments
Topic: Fraud/401k sales and the elderly parent
Replies: 15
Views: 2338

Fraud/401k sales and the elderly parent

Hi Everyone, I have a father in his mid 70s who did something I cannot fathom but I have to help clean up. He had 360 thousand in his 401k that over the last couple weeks he liquidated, transferred to his bank. He then proceeded to do the following: invest 50k in an oil well outside his 401k(not wis...
by slippingsloth
Tue Apr 18, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Company merger-- effect on retirement contributions ?
Replies: 3
Views: 332

Re: Company merger-- effect on retirement contributions ?

o that makes sense, I came from a place with a 403b and 457 before I had these 401ks so I made an incorrect assumption. Basically 401k share the same pot then. :( owell
by slippingsloth
Tue Apr 18, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Company merger-- effect on retirement contributions ?
Replies: 3
Views: 332

Company merger-- effect on retirement contributions ?

Having difficulty parsing tax code so hopefully someone here knows or has gone through this I work for company A. I have made retirement contributions via our 401k this year at principal. We were recently bought by a larger corporation. Our retirement plan is terminating and we are being added on to...
by slippingsloth
Thu Jul 07, 2016 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Value of deferred tax accounts for new physician
Replies: 10
Views: 1154

Re: Value of deferred tax accounts for new physician

Yeah, its one of those mini red flags I have. They are a group of only 5 docs with support staff and the partners are 1099 so I think that is the reason. I didnt get into it on the interview day but its either lack of motivation on the partners end or that there are so few employees that the high co...
by slippingsloth
Thu Jul 07, 2016 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Value of deferred tax accounts for new physician
Replies: 10
Views: 1154

Value of deferred tax accounts for new physician

Hi Everyone, I have a pair of job offers (one from an academic institution salary 300-330k the other in private practice 336-360k). Salary ranges are based on call taken. The academic institution has 403b and 457b plans as well as a small pension which allow the tax deferred sheltering of 18k per ac...
by slippingsloth
Thu May 21, 2015 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Apply Medical school advice
Replies: 17
Views: 2710

Re: Apply Medical school advice

Graduating resident physician here, have sat on med school admission committees etc. Things that matter MCAT, GPA, Who you know/letter of rec writers. If you worked in a lab or volunteered for faculty at the medical school or who is good friends with them, that carries weight. "Interesting" things a...
by slippingsloth
Mon May 18, 2015 10:12 pm
Forum: Investing - Theory, News & General
Topic: University of California Retirement Plan
Replies: 48
Views: 14425

Re: University of California Retirement Plan

I'm also a UC employee. I was able to open the Brokeragelink account, but it's not clear how I transfer my current holdings (all in Spartan funds) to the account (I want to transfer my money to the Brokeragelink account because they state they will sell all the funds and transfer to the less desira...
by slippingsloth
Mon May 18, 2015 12:16 am
Forum: Investing - Theory, News & General
Topic: University of California Retirement Plan
Replies: 48
Views: 14425

Re: University of California Retirement Plan

I'm also a UC employee. I was able to open the Brokeragelink account, but it's not clear how I transfer my current holdings (all in Spartan funds) to the account (I want to transfer my money to the Brokeragelink account because they state they will sell all the funds and transfer to the less desira...
by slippingsloth
Sun Nov 16, 2014 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Resident physician with question regarding 403b/457 funds
Replies: 21
Views: 3415

Re: Resident physician with question regarding 403b/457 fund

It is a governmental 457 that half of this money is in. That is a bit of a relief. Once again, really wish I had a Roth 403b so this would all be moot Well, you don't. So you should at least consider that taxable is the next best option. I was brainwashed as a highschooler/college student that I sh...
by slippingsloth
Sun Nov 16, 2014 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Resident physician with question regarding 403b/457 funds
Replies: 21
Views: 3415

Re: Resident physician with question regarding 403b/457 fund

To the earlier point. It is a governmental 457 that half of this money is in. I will have to check whether I technically change employers when I transition from PGY-5 resident to PGY-6 fellow. My instinct tells me no given the way all the paperwork has looked, but it is worth looking into. Once agai...
by slippingsloth
Sun Nov 16, 2014 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Resident physician with question regarding 403b/457 funds
Replies: 21
Views: 3415

Re: Resident physician with question regarding 403b/457 fund

Ya I figure I am stuck with RMDs placing me into a high tax bracket unless something drastic changes if I keep these tax deferred accounts. So basically the question is assuming that as the null case, does the Roth conversion make sense given I have to pay the tax now. I realize there is no way to k...
by slippingsloth
Fri Nov 14, 2014 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Resident physician with question regarding 403b/457 funds
Replies: 21
Views: 3415

Re: Resident physician with question regarding 403b/457 fund

Well I wish i had the option for a roth account in the first place. But I do not and am using what is available. Just trying to plan in a sensible fashion
by slippingsloth
Fri Nov 14, 2014 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Resident physician with question regarding 403b/457 funds
Replies: 21
Views: 3415

Re: Resident physician with question regarding 403b/457 fund

on this point I may be incorrect, but I had assumed that I could not roll the tax-deferred accounts into an ira until after I had separated from my current employer. Therefore, if I was going to do this rollover, I was planning to do it the first 6 months after fellowship while I still have half of ...
by slippingsloth
Thu Nov 13, 2014 5:52 am
Forum: Investing - Help with Personal Investments
Topic: Resident physician with question regarding 403b/457 funds
Replies: 21
Views: 3415

Resident physician with question regarding 403b/457 funds

Hi everyone, I am a 30 yo 5th year resident physician, I will also be doing a year of fellowship next year at same hospital I am a resident. Since medical school my salaries have gone from 45 to about 62k with some small moonlighting "bonuses". Because of my retirement options I have been living on ...
by slippingsloth
Tue Jun 10, 2014 4:41 pm
Forum: Investing - Theory, News & General
Topic: Example of Financial Porn
Replies: 11
Views: 1620

Re: Example of Financial Porn

Aww my post makes less sense now that the mods changed the title away from investment pornography or whatever it was... o well
by slippingsloth
Tue Jun 10, 2014 4:06 pm
Forum: Investing - Theory, News & General
Topic: Example of Financial Porn
Replies: 11
Views: 1620

Re: Example of Financial Porn

And here I was thinking I was being offered the right to purchase a portion of some up and coming porn stars future earnings.


:P
by slippingsloth
Wed Jun 04, 2014 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I ask for annual raise?
Replies: 20
Views: 1966

Re: Should I ask for annual raise?

Conversations such as these are relatively disheartening as a resident
by slippingsloth
Wed Jun 04, 2014 5:42 pm
Forum: Investing - Theory, News & General
Topic: Has the realized equity premium been shrinking?
Replies: 10
Views: 1438

Re: Has the realized equity premium been shrinking?

Not that all foreign is EM(as a large part is Europe and Developed Asia) but S&P 500 earnings are nearly 50% foreign earnings. Global world.

I'm citing Rick Ferri for this
http://www.forbes.com/sites/rickferri/2 ... he-sp-500/
by slippingsloth
Tue Jun 03, 2014 6:31 pm
Forum: Investing - Theory, News & General
Topic: "The Nasty, Brutish Life of the Modern Mutual Fund Manager"
Replies: 10
Views: 2269

Re: "The Nasty, Brutish Life of the Modern Mutual Fund Manag

is it really a 20:1 ratio of index to active fund flows at this point? We get those posts about 'how do indexes stay efficient' every once in awhile. Who is actually buying the individual equities to 'make the market?' Is it all high frequency quant-hedge funds?

I am just curious
by slippingsloth
Mon Jun 02, 2014 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: does frugality result in lower career ambition?
Replies: 113
Views: 13037

Re: does frugality result in lower career ambition?

I read this and thought two things.... And maybe others further into their earning careers can address this. 1) I am going to work hard to get to my financial number. Not positive what that number is but lets say 4million or something in investable assets that can throw off relatively low risk ~100k...
by slippingsloth
Mon Jun 02, 2014 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Residency Retirement - Why don't we get a match?
Replies: 57
Views: 8667

Re: Medical Residency Retirement - Why don't we get a match?

As residents at UCalifornia we also have a mandatory 401a contribution in lieu of SS
by slippingsloth
Sun Jun 01, 2014 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Residency Retirement - Why don't we get a match?
Replies: 57
Views: 8667

Re: Medical Residency Retirement - Why don't we get a match?

I should ask my coresidents to see how many are actually putting money away for retirement. I guess that I hadn't thought about the fact I might be the only one in my program of 27. Certainly wouldnt help make an argument. 200k in debt probably hurts a lot of would be savers Haven't done a lit sear...
by slippingsloth
Sun Jun 01, 2014 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Residency Retirement - Why don't we get a match?
Replies: 57
Views: 8667

Re: Medical Residency Retirement - Why don't we get a match?

While I applaud your concern, let's think about what we're talking about here. 3% of your salary x 3 years would be a typical match. $50K*3*3%= $4500. I completely agree with you here. It's not about the dollar figure for me at all. I have spoken to each of the residents in my program and I'm the o...
by slippingsloth
Sun Jun 01, 2014 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Residency Retirement - Why don't we get a match?
Replies: 57
Views: 8667

Re: Medical Residency Retirement - Why don't we get a match?

Thats funny since if I recall the average person stays at the same job something like 4.5 years before moving to the next.
by slippingsloth
Sun Jun 01, 2014 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Residency Retirement - Why don't we get a match?
Replies: 57
Views: 8667

Re: Medical Residency Retirement - Why don't we get a match?

No match here as a resident here in california UCs
by slippingsloth
Tue May 27, 2014 9:42 pm
Forum: Personal Consumer Issues
Topic: Best Large Purchase(s) Ever?
Replies: 45
Views: 4363

Re: Best Large Purchase(s) Ever?

I am just waiting for all the retired BHs that paid off their homes in areas of dramatic real estate price growth SF NYC San Diego etc. I am sure there are a few.
by slippingsloth
Mon May 19, 2014 1:04 am
Forum: Investing - Help with Personal Investments
Topic: 2600 days of every dollar tracked
Replies: 68
Views: 7971

Re: 2600 days of every dollar tracked

How much work do you put in to maintain this? Or do your accounts automatically sync to your spreadsheets?
by slippingsloth
Sun May 18, 2014 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding social security payments for physicians
Replies: 15
Views: 1677

Re: Question regarding social security payments for physicia

Also, maybe I should make this another post, but I am curious about 1 other thing. I am curious as to what percentage of residents actually pay social security vs have 401a's like all the residents in the UCalifornia system. If other residents or recent grads would be willing to share whether they p...
by slippingsloth
Sun May 18, 2014 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: 2600 days of every dollar tracked
Replies: 68
Views: 7971

Re: 2600 days of every dollar tracked

This took amazing effort. I appreciate you sharing it with us. The delayed gratification for educational attainment is something as another professional(MD), I completely relate to and admire. Good luck. Enjoy the latte factor. This board is filled with people who take pleasure in pointing out place...
by slippingsloth
Sun May 18, 2014 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding social security payments for physicians
Replies: 15
Views: 1677

Re: Question regarding social security payments for physicia

Re JW Thanks for the thoughtful reply. I didnt realize how nonlinear it was. Really I was just trying to get an idea of whether being a 401a or SS employee was better for the personal finances. Still haven't completely figured it out yet but that makes me feel a little better that its not quite as h...
by slippingsloth
Sat May 17, 2014 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding social security payments for physicians
Replies: 15
Views: 1677

Question regarding social security payments for physicians

Hi all, So this may be a relatively unique situation(or not). I do not know. I am a 30 year old resident MD. I still have at least a year of residency and a couple years of fellowship ahead of me but I was just curious how many other people have similar situations. Although I did work in high school...
by slippingsloth
Sun Apr 13, 2014 2:53 am
Forum: Investing - Help with Personal Investments
Topic: Young doctor, taking over my own investments...
Replies: 24
Views: 4180

Re: young doctor, taking over my own investments...

You're saying that your net income is ~$200,000 and you are investing $170,000 per year?! That's unreal if that's true. Bravo to you for your discipline! First-- to my young attending friend, go to Whitecoatinvestor.com Its a great resource for 'us' MDs for getting the basics. I am a resident MD.. ...
by slippingsloth
Sun Mar 23, 2014 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Options for the medical grad but no residency
Replies: 98
Views: 15206

Re: Options for the medical grad but no residency

Ya basically you must complete internship to get a state license.

To get board eligibility -> certification must complete residency.
by slippingsloth
Tue Oct 29, 2013 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Hit a milestone today [401(k)]
Replies: 76
Views: 10108

Re: Hit a milestone today [401(k)]

I dont know why but celebrating the value of your 401k at $401k (or your 403b at 403 or 457b at 457) seems to have more charm then an arbitrary half million or 400k. It should be a thing
by slippingsloth
Wed Jun 26, 2013 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Planning impact on court reversal of doma
Replies: 102
Views: 10603

Re: Planning impact on court reversal of doma

Ya I wonder about things like reciprocity

IE you marry in DC or some place else where its legal but then move, does the state you move to have to honor your marriage? Do you lose your federal benefits just because you moved from Cali to Nevada? o this will be fun
by slippingsloth
Fri Jun 07, 2013 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Paid off mortgage today
Replies: 73
Views: 7619

Re: Paid off mortgage today

believe the phrase is
:beer cheers mate
by slippingsloth
Mon May 27, 2013 2:52 am
Forum: Investing - Theory, News & General
Topic: Long term? A look at DJIA 5/26/96 - 1896
Replies: 6
Views: 977

Re: Long term? A look at DJIA 5/26/96 - 1896

i remembered reading something about GE a few years ago and found it from ABC looking at this exact question http://abcnews.go.com/Business/story?id=3783340&page=1#.UaMNobW1H2s take home point GE opened for trading at $108 per share in 1892, the split adjusted cost of those shares in 2007 was 2.3 ce...
by slippingsloth
Wed Apr 17, 2013 3:53 am
Forum: Personal Finance (Not Investing)
Topic: harvard med school vs. penn med+full tuition scholarship
Replies: 115
Views: 19495

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

lowly Ucla med school grad here my 2 cents- save the money take the scholarship....the difference between med schools will be minuscule. How good a student you are and the connections you make with faculty will get where you need to go at either institution. I didn't get any scholarships but I can s...
by slippingsloth
Mon Dec 31, 2012 6:25 pm
Forum: Investing - Theory, News & General
Topic: Excellent outlook on the economy from Vanguard
Replies: 15
Views: 3766

Re: Excellent outlook on the economy from Vanguard

Need to remember this video when I get into those pessimistic "New normal" arguments with friends and colleagues.

I am 28 years old and it feels like everyone in my generation is drearily pessimistic that americas best days are behind it and they hope to eke it out.
by slippingsloth
Wed Dec 26, 2012 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Medical student seeking advice - taxable investment account
Replies: 17
Views: 1474

Re: Medical student seeking advice - taxable investment acco

3rd year resident MD here Given how insulated medicine's career track is from the real world it still is amazing to some(especially to many on this board who were working since high school etc) that someone can get to their mid 20s and never had sufficient income of any kind to have learned the basi...
by slippingsloth
Sat Sep 15, 2012 4:09 pm
Forum: Personal Consumer Issues
Topic: One hit wonder (Albums)
Replies: 68
Views: 4386

Re: One hit wonder (Albums)

Nine Days=-- Story of a Girl

http://www.youtube.com/watch?v=ZIANBamMgas


Ahh high school lol
by slippingsloth
Thu Aug 16, 2012 2:47 am
Forum: Investing - Theory, News & General
Topic: Where to put money for ~10 years if you don't like bonds?
Replies: 45
Views: 6401

Re: Where to put money for ~10 years if you don't like bonds

Hey Day9---- So building on Nisip post Here is what a target retirement fund would look like after 10 years I am using the vanguard 2010 retirement fund as the example but lets say you were to choose the 2020 or 2025 TF. Holdings Rank by Percentage Fund Percentage 1 Vanguard Total Bond Market II Ind...
by slippingsloth
Wed Aug 15, 2012 3:07 am
Forum: Personal Finance (Not Investing)
Topic: What was Your Starting Salary Out of College?
Replies: 151
Views: 12100

Re: What was Your Starting Salary Out of College?

echoing my er colleague above me, he just happens to be a few years my senior med school earnings- 0 x 4years, with -35k/y tuition +COL etc intern year ~44k now a R3 making the big bucks 48k best part... maxed out 403b w/ 17k contribution, and 5k for the roth ira last year and on pace to do same thi...
by slippingsloth
Tue Aug 07, 2012 3:35 am
Forum: Personal Finance (Not Investing)
Topic: Any need for high school student to build credit?
Replies: 36
Views: 3788

Re: Any need for high school student to build credit?

28 year old here Had debit card at 14 first credit card in late high school. Pros outweigh the cons if you trust your kid. Keep the limit low, teach em to pay it off. Definitely cant hurt to have a few years of credit history when they need their first loan. I know it helped when I financed my secon...
by slippingsloth
Sun May 06, 2012 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Rent or Buy? 23, Secure Job, Single
Replies: 55
Views: 3743

Re: Should I Rent or Buy? 23, Secure Job, Single

I don't know what you do. There are good stable jobs that don't require moving to get promotions and such, and there are other jobs where in order to move up the food chain you want to have the ability to move to opportunities. I wouldn't discount this because moving in and out of a place with assoc...
by slippingsloth
Sun May 06, 2012 8:02 pm
Forum: Personal Consumer Issues
Topic: Car to Gross Income Ratio - under 35
Replies: 41
Views: 4989

Re: Car to Gross Income Ratio - under 35

I inherited my first car from my grandparents, it eventually died after about a decade. So the first car I bought was a little on the expensive side for a bogle head but was a certified preowned honda was about 30% of gross income for a year.

I probably overpaid but I like my car and I bike to work