Search found 527 matches

by zzcooper123
Tue Sep 25, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fed up with health insurance situation
Replies: 117
Views: 7384

Re: Fed up with health insurance situation

Agree, no good answer, at least for the self-employed or with pre-existing conditions. My 7k deductible plan costs me 30k per year and is going up 30% per year. The insurance companies are pricing themselves out of the Market for private insurance. At least my HSA and premiums are deductible above t...
by zzcooper123
Thu Sep 20, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Going to the Everglade. A few questions please.
Replies: 21
Views: 1232

Re: Going to the Everglade. A few questions please.

I might call Chokoloskee rustic, but not scenic. Everglade City is the only town actually inside the Everglades. Not very large, mostly airboat rides and charters. Camellia Street Grill is kinda interesting in Everglade City. Stan's can really rock in Goodland on certain days. Stop at the visitor ce...
by zzcooper123
Thu Sep 13, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: Going to the Everglade. A few questions please.
Replies: 21
Views: 1232

Re: Going to the Everglade. A few questions please.

Kirby Storter boardwalk off Route 41 in November (high water) can be fabulous and one of my favorite places. Big Cypress Park is not quite to the everglades but very interesting. Canoe/kayak Turner river. Oasis Rest for the largest gators you will ever see. We stopped at Shark Valley last March and ...
by zzcooper123
Thu Aug 16, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate? [Request for portfolio help]
Replies: 111
Views: 8973

Re: Why the Yale Endowment Hate?

The Yale Endowment Fund pays no taxes and has a potentially unlimited holding period.

You pay taxes and have a finite holding period.
by zzcooper123
Mon Jul 02, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance for Retirees, % escalation
Replies: 34
Views: 2576

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: 944

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: 15244

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: 4250

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: 3071

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: 11550

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: 11016

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: 735

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
Fri Aug 18, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 14237

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: 1417

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: 781

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: 3851

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: 3851

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: 12842

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: 50632

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: 4480

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: 10434

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: 3760
Views: 1068345

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: 2868

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: 2868

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: 2647

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: 9625

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: 4103

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: 2743

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: 1990

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: 2734

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: 4254

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: 314
Views: 33875

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: 314
Views: 33875

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: 90678

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: 3655

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: 10827

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: 3344
Views: 1004339

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: 12553

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: 3574

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: 5433

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: 1276

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: 1921

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: 4337

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: 12385

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: 5623

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: 1956

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: 5769

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.