Search found 523 matches

by zzcooper123
Mon Jul 02, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance for Retirees, % escalation
Replies: 34
Views: 2343

Re: Health Insurance for Retirees, % escalation

https://wealthyaccountant.com/2017/12/1 ... re-crisis/

What do bogleheads think of this approach?

Are you waiting for an Association Health Plan, maybe available in the Fall?
by zzcooper123
Sun Jun 10, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Best HEPA air purifier for cat allergy sufferer?
Replies: 13
Views: 841

Re: Best HEPA air purifier for cat allergy sufferer?

Cat dander is very sticky. It gets on clothing, carpet and furniture and is hard to remove as it is a very fine dust. Very unlikely a HEPA will remove any appreciable amount. Some people advocate a weekly "wash" of your cat (good luck)with distilled water. Others say wiping them down with personal w...
by zzcooper123
Mon Jun 04, 2018 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 13949

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

How about becoming expert witness? At least you can hang out with lawyers.

http://store.seak.com/how-to-be-an-effe ... lmouth-ma/
by zzcooper123
Sun Jun 03, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can a physician work in tech while practicing as well?
Replies: 57
Views: 3879

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

Stop thinking you need a "degree" to enter a certain field. The extra training will be expensive, unnecessary and probably obsolete. I have a physician friend who makes good bucks doing EHR consulting and he practices full time. He doesn't have any computer science background, just interest in the s...
by zzcooper123
Thu May 03, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2701

Re: Health insurance, do we need it and how?

Look at: https://www.mrmoneymustache.com/2017/11 ... -in-price/

Consider Health Care Ministry for domestic coverage (not really "insurance"). Most American insurers
sell out of country coverage.
by zzcooper123
Sun Feb 25, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Investors Should Worry About
Replies: 118
Views: 11026

Re: Larry Swedroe: What Investors Should Worry About

As much as I respect Larry, I couldn't get past the 1.5% fee for LENDX. Wouldn't prepaying down my 5% mortgage (no longer tax deductible) give me a zero fee, riskless return on my Real Estate?
by zzcooper123
Sat Nov 25, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 10792

Re: Any retired boglehead doctors out there?

About your age I started looking for opportunities to work one day a week or from home. Actively went out to seek new positions and challenges. Consider a short sabbatical to get your head screwed on straight. Be prompt and cheerful in your new jobs. Never a prima donna. Become a small business. Don...
by zzcooper123
Fri Sep 15, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Wisconsin rentals owned in LLC, how to pass to kids
Replies: 8
Views: 704

Re: Wisconsin rentals owned in LLC, how to pass to kids

The deposition of the assets will be determined by the Operating Agreement of the LLC. What does this say?
by zzcooper123
Wed Sep 13, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Asset Protection Strategy Advice
Replies: 21
Views: 2862

Re: Asset Protection Strategy Advice

Jay Adkisson has written a somewhat outdated book on asset protection. He writes for Forbes: https://www.forbes.com/sites/jayadkisson/#146e51fc7ad9 A HELOC is great idea, with the remainder of Home equity covered by Homestead exemption (State dependent). 401k's and possibly IRA's are protected. All ...
by zzcooper123
Fri Aug 18, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 13784

Re: Anyone planning on never retiring?

Is retirement defined as a lack of earned income or the end of the main vocation in your life? I have too many uses for earned income to ever retire, if I can help it. I view my retirement savings as a backstop, giving me the ability to move on to another vocation or interest as I see fit. The camar...
by zzcooper123
Sat Aug 05, 2017 6:44 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation, Investment Vehicles, Tax Efficiency
Replies: 12
Views: 1339

Re: Asset Allocation, Investment Vehicles, Tax Efficiency

My thoughts; At this stage, any intermediate bond fund will do. Since yields are so low, fees are very important. I don't care for REITS. My SCV funds give me all the exposure I need to this sector. The income from REITS is fully taxable, so I don't want it. Other bogleheads can argue whether REITS ...
by zzcooper123
Sat Aug 05, 2017 6:34 am
Forum: Investing - Help with Personal Investments
Topic: Tax Gain Harvesting - which shares to sell?
Replies: 5
Views: 732

Re: Tax Gain Harvesting - which shares to sell?

If you are only tax gain harvesting right up to the top of the 15% bracket, you have no use for tax losses. You are already in the lowest cap gains bracket (0% rate) you can get. Do the same next year and so on until all the gains are used up. The funds/ETFs you sell for gains harvesting could just ...
by zzcooper123
Wed May 03, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: Giving a Talk on Personal Finance & Investing - Advice?
Replies: 41
Views: 3719

Re: Giving a Talk on Personal Finance & Investing - Advice?

The average Boglehead has essentially a PhD in Personal Finance. Way too advanced and counter-intuitive for the average individual. I would be surprised if one out of a hundred audience members would bother to check the links suggested.
by zzcooper123
Tue May 02, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: Giving a Talk on Personal Finance & Investing - Advice?
Replies: 41
Views: 3719

Re: Giving a Talk on Personal Finance & Investing - Advice?

Here are the topics I cover in my talks to medical students: Why should they listen? How are you different from a Financial Advisor? Life insurance. Avoid Whole Life Disability Insurance. Tax brackets. Employed vs. self employed What not to invest in. What to invest in...low ER stock and mutual fund...
by zzcooper123
Mon May 01, 2017 8:10 am
Forum: Investing - Theory, News & General
Topic: Are we all forgetting our taxable accounts?
Replies: 79
Views: 12440

Re: Are we all forgetting our taxable accounts?

Most people don't even understand marginal tax brackets, so why would they get Capital Gains rates?
by zzcooper123
Thu Apr 20, 2017 5:00 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 49232

Re: Larry Swedroe says "Goodby."

Without Larry's advice I would not be retired today. I will thank you every day.
by zzcooper123
Thu Apr 06, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Which Larry Portfolio variation would you choose?
Replies: 30
Views: 4288

Re: Which Larry Portfolio variation would you choose?

Larry, If the SCV premium is so much higher than LCV, should someone "sophisticated" invest in Large Cap at all? If domestic growth stocks neutralize the Small Cap Value premium, should one invest in Growth at all? Should an investor avoid market beta ? I am currently 30/70 stocks/high quality bonds...
by zzcooper123
Sun Feb 12, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Terrible negotiator - need help with words to use [Buying a car]
Replies: 103
Views: 10198

Re: Terrible negotiator - need help with words to use [Buying a car]

I tried the email route for my last Honda purchase and got no where. No one could beat the $500 off for a repeat buyer and the dealership and another $500 off to finance at 0.9%.
by zzcooper123
Wed Jan 11, 2017 5:18 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3602
Views: 1026887

Re: What Movie Have You Recently Watched?

"Passengers"...very good. A love story in space.
by zzcooper123
Mon Jan 02, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees' Roth Conversion Conundrum
Replies: 24
Views: 2806

Re: Retirees' Roth Conversion Conundrum

I am lowering my RMDs either way...Roth conversion vs. taxable account. If the Market goes up predictably over the next decade, then yes, I will have more after-tax money in the Roth. If it doesn't, all I can do is re-characterize. In a taxable account, I seem to have more options. I can gift low ba...
by zzcooper123
Mon Jan 02, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees' Roth Conversion Conundrum
Replies: 24
Views: 2806

Re: Retirees' Roth Conversion Conundrum

What do you really gain from Roth conversions? Seems like I am losing out on tax loss harvesting and step up basis at death by converting to a Roth. With the end of the stretch IRA option, what do I gain really ? Why not put the unneeded funds into a taxable account?
by zzcooper123
Tue Oct 11, 2016 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Third year medical student, where to begin
Replies: 29
Views: 2617

Re: Third year medical student, where to begin

Be self-employed, at least in part. Learn business skills. Involve your spouse. Diversify. Develop medical skills and interests in areas maybe no one else wants. Start asset protection (malpractice, bad business deals) from the beginning. Learn the Rule of 72. Learn the US tax code. Follow whitecoat...
by zzcooper123
Sun Sep 18, 2016 1:13 pm
Forum: Investing - Theory, News & General
Topic: The coming municipal bond crisis
Replies: 51
Views: 9436

Re: The coming municipal bond crisis

What are the 11 States?
by zzcooper123
Sun Sep 18, 2016 9:13 am
Forum: Investing - Help with Personal Investments
Topic: how to contribute 53k to 401(k) as employed doc?
Replies: 40
Views: 3948

Re: how to contribute 53k to 401(k) as employed doc?

Could you receive some income as a W2 employee, say up to the SS limits? Then form an LLC and be compensated as say, an EHR consultant and contribute these funds into a solo401k.
by zzcooper123
Sat Sep 17, 2016 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Should I Pay Off 3.25% Home Equity Line of Credit?
Replies: 15
Views: 2654

Re: Should I Pay Off 3.25% Home Equity Line of Credit?

I am in exactly your situation. I have the funds to pay off my 3.25% HELOC at any time, but don't. My Home is not at risk. After taxes and inflation, these funds appear to be near free money. The asset protection is also nice. I am sure the bank would love it if I paid it off. If long term mortgage ...
by zzcooper123
Tue Sep 06, 2016 9:25 am
Forum: Personal Consumer Issues
Topic: Family winter beach vacation recommendations?
Replies: 15
Views: 1927

Re: Family winter beach vacation recommendations?

Macro Island and Naples areas have relatively nice temps in January and February. Close to air-boat rides in Everglades, kayaking, good beaches, Naples zoo, fishing, art fairs.
by zzcooper123
Fri Sep 02, 2016 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking Job Ideas for a disabled MD
Replies: 17
Views: 2661

Re: Seeking Job Ideas for a disabled MD

Google "non-clinical careers for physicians." SEAK is putting on a seminar in Chicago next month.
by zzcooper123
Wed Jul 20, 2016 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing retirement spending power - Basic case study.
Replies: 23
Views: 4218

Re: Maximizing retirement spending power - Basic case study.

I just finished: "The Overtaxed Investor: Slash Your Tax Bill & Be A Tax Alpha Dog." Really quite good, although I don't completely agree with his thoughts on dividends.
This should answer a lot of your questions.
by zzcooper123
Sat Jun 25, 2016 10:36 am
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 284
Views: 28682

Re: Concierge medicine Worth It????

I feel your pain. Are there other concierge physicians in the area? Generally concierge physicians are personable and accommodating; almost as useful as being "competent." They must value high quality care if they have gone concierge. Consider calling independent Primary care docs in your area. Woul...
by zzcooper123
Sat Jun 25, 2016 8:38 am
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 284
Views: 28682

Re: Concierge medicine Worth It????

I am a former Primary care physician. I was always surprised how patients would throw away a 20 year relationship for a $5 co-pay. My Practice had 5 full time employees just to deal with insurance issues. A very poor business model. Personally, I believe a generalist physician that you know and trus...
by zzcooper123
Mon Jun 06, 2016 6:44 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 437
Views: 85875

Re: Prime Harvesting anyone?

My portfolio draw down is more influenced by taxes than anything else. I use the Larry portfolio with a rising equity glidepath. Much of the Prime Harvesting method appears to be momentum play i.e. "don't sell your stocks too early."
by zzcooper123
Fri Jun 03, 2016 1:02 pm
Forum: Personal Consumer Issues
Topic: What TYPE of books do you like to read?
Replies: 48
Views: 3568

Re: What TYPE of books do you like to read?

Talking books seem to stick better. I like books about motivation, neurosciences, human genetics, military fiction.
by zzcooper123
Fri Apr 01, 2016 9:58 am
Forum: Personal Consumer Issues
Topic: Five Best National Parks to Visit?
Replies: 99
Views: 10532

Re: Five Best National Parks to Visit?

Make sure you read: "Conserving America's National Parks"
by Scott Abella before you go. Will make your visit much more interesting.
by zzcooper123
Thu Mar 17, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3128
Views: 955098

Re: What Book Are You Currently Reading? Part VI

"Last Ape Standing: The Seven-Million-Year Story of How and Why We Survived"
by Chip Walter
by zzcooper123
Thu Mar 17, 2016 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Living off dividend income
Replies: 44
Views: 11744

Re: Living off dividend income

The desire for dividend income confuses me. Doesn't the share price/NAV drop after a dividend? Now you have shares worth less and a taxable event. If one invests in high dividend stocks, doesn't that result in low diversification? Doesn't the Market know about the dividend and raise the original sha...
by zzcooper123
Sat Feb 20, 2016 7:31 am
Forum: Investing - Theory, News & General
Topic: Book Recommendation for New Investor
Replies: 24
Views: 3528

Re: Book Recommendation for New Investor

"The Only Guide to Alternative Investments You'll Ever Need: The Good, the Flawed, the Bad, and the Ugly"...this book puts it all together. Shows what not to invest in and gives great insight into the retail markets.
by zzcooper123
Fri Feb 12, 2016 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Key West and everglades trip
Replies: 41
Views: 5348

Re: Key West and everglades trip

Big Cypress Preserve (was just there yesterday).
10,000 Islands Wildlife Preserve: kayaking, nature walks
Everglades Park
Everglades City, Airboat rides
Tigertail beach, Marco Island
by zzcooper123
Wed Jan 27, 2016 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Are these two funds "substantially identical?"
Replies: 18
Views: 1230

Re: Are these two funds "substantially identical?"

Have the Bogleheads arrived on any consensus on the loss harvesting of tax exempt bond funds?
by zzcooper123
Thu Jan 21, 2016 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for retirement vs. college
Replies: 15
Views: 1880

Re: Investing for retirement vs. college

It is hard to beat long term compounded returns to build wealth. For a high earner, the upfront state tax savings and untaxed returns of a 529 might make sense. It didn't really for me with my two college kids. Tuition is going up 5-8% year and the College nickels and dimes me to death. Fees for eve...
by zzcooper123
Thu Dec 31, 2015 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Physician MBA?
Replies: 30
Views: 4303

Re: Physician MBA?

Why don't you start your own side business? You will learn more about Business that from any MBA. It is doubtful that an MBA will magically bring a fulfilling and high paying job into your life.
by zzcooper123
Wed Dec 02, 2015 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Doctor Strategies
Replies: 74
Views: 12298

Re: Doctor Strategies

The biggest question is: what is your student loan debt?
How you manage this greatly impacts your financial future.

Remember asset protection.
Start a home based business.
Don't forget to fully self-actualize
by zzcooper123
Tue Nov 24, 2015 10:19 am
Forum: Personal Finance (Not Investing)
Topic: PhD Mechanical Engineer --> Law School?
Replies: 47
Views: 5552

Re: PhD Mechanical Engineer --> Law School?

How about testifying in Court as an engineer? A high demand for qualified experts especially in engineering. Don't need law school to get this type of training. Look at SEAK courses.
by zzcooper123
Mon Nov 23, 2015 6:04 pm
Forum: Investing - Theory, News & General
Topic: "Stock Index Not Going to Crash" vs. "Coming Stock Market Crash"
Replies: 11
Views: 1934

Re: "Stock Index Not Going to Crash" vs. "Coming Stock Market Crash"

I go to Real Clear Markets occasionally. You can look at the most bullish and bearish commentaries on the same day. Both cannot be correct. Both can be wrong.
by zzcooper123
Fri Nov 06, 2015 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: How to take advantage of 15% tax bracket?
Replies: 37
Views: 5732

Re: How to take advantage of 15% tax bracket?

It is hard to beat a 0% tax rate.
Why not take all your cap gains now and worry about Roth conversions later?
Remember the brackets go up a little every year.
by zzcooper123
Sun Oct 25, 2015 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Throwing in the Towel (paying off mortgage)
Replies: 21
Views: 2592

Re: Throwing in the Towel (paying off mortgage)

A long term low rate mortgage is a precious commodity...why pay it off? Asset protection and an inflation hedge wrapped up in one package. At your ages, you don't have any better uses for the cash? Why does a paid up mortgage make your spouse happy? The mortgage obligates the Bank more than it does ...
by zzcooper123
Fri Oct 02, 2015 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Annual Primary Care Premium
Replies: 20
Views: 2054

Re: Annual Primary Care Premium

I for one, appreciate the value of a PCP that knows me and wants "my business." The idea of your own personal physician is fading fast. Patients don't know what they are missing. Instead they will interact with a rushed Primary care doc, if not a NP or PA, who is more interested in generating revenu...
by zzcooper123
Wed Sep 30, 2015 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing in a taxable account
Replies: 7
Views: 849

Re: Rebalancing in a taxable account

In my taxable account I am slowly moving stocks to bonds until I reach a 30/70 mix . Trying to keep taxable income in the 15% bracket to avoid cap gains. May take 3-5 years depending on the Markets.Gradually moving from S&P 500 type funds to small cap value and international. After a few years, will...
by zzcooper123
Mon Sep 28, 2015 4:12 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 279
Views: 44228

Re: TLH for absolute dummies [Tax Loss Harvesting]

Have we come to consensus on the six month Rule for tax loss harvesting tax free bond funds? Has anyone done this on Vanguard?