Search found 193 matches

by seamonkey
Sat Dec 29, 2018 3:23 pm
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 154
Views: 11609

Re: My favorite Boglehead posters

Oh, those "posters." I thought we were talking about merchandise!
by seamonkey
Tue Jul 10, 2018 10:37 pm
Forum: Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 5376

Re: Target date funds....unsophisticated?

Paying a little premium for convenience is something we all do in one or more parts of our daily life. Target date funds (through lower cost mutual fund companies) are perfectly fine solutions if in a tax-advantaged account and appropriate for your risk tolerance / asset allocation. If you’re lookin...
by seamonkey
Thu Jul 05, 2018 10:26 pm
Forum: Personal Investments
Topic: My student loan or kids' 529?
Replies: 7
Views: 765

Re: My student loan or kids' 529?

Pay off the loan.
by seamonkey
Thu Jul 05, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: Good scanner for paperless (or less paper) office?
Replies: 30
Views: 1606

Re: Good scanner for paperless (or less paper) office?

I went paperless with the Fujitsu ScanSnap ix500.
by seamonkey
Thu Jul 05, 2018 10:21 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 160
Views: 13724

Re: What time do you get up in the morning?

BradJ wrote:
Thu Jul 05, 2018 12:46 pm
I have been waking up around 4am
There’s a 4 o’clock in the morning?
by seamonkey
Wed Jun 27, 2018 9:02 pm
Forum: Personal Consumer Issues
Topic: Sister-in-Law - trouble adulting - Pay medical bill?
Replies: 41
Views: 3928

Re: Sister-in-Law - trouble adulting - Pay medical bill?

It depends on a number of factors... but in general, if I could afford it, I’d have a lower threshold in conditionally financing a close family member’s or close friend’s psychiatrist than nearly any other budget item. What’s the true opportunity cost? What are the potential downsides of not interve...
by seamonkey
Thu Feb 15, 2018 3:29 pm
Forum: Personal Investments
Topic: Does this sound like a solid plan for a 21 year old?
Replies: 9
Views: 741

Re: Does this sound like a solid plan for a 21 year old?

Is this money separate from your emergency fund and anything you’d need liquid for anticipated spending needs in the next few years?
by seamonkey
Thu Feb 15, 2018 3:26 pm
Forum: Personal Investments
Topic: Newbie: retirement vs. college savings vs. life insurance
Replies: 33
Views: 1770

Re: Newbie: retirement vs. college savings vs. life insurance

Mistermooso wrote:
Thu Feb 15, 2018 3:01 pm
Sounds like the overwhelming consensus is: replace WL with term and prioritize retirement over college.
Spot on!
by seamonkey
Thu Feb 15, 2018 9:56 am
Forum: Personal Investments
Topic: Newbie: retirement vs. college savings vs. life insurance
Replies: 33
Views: 1770

Re: Newbie: retirement vs. college savings vs. life insurance

Don’t get too attached to that whole life policy to the point that it clouds your true goals. Life insurance isn’t an investment. That $30K/year would allow you triple your current college savings rate! Personally, though, I’d think a lot more about taking the $45K/year that you’re saving and throw ...
by seamonkey
Sat Feb 03, 2018 10:15 pm
Forum: Personal Consumer Issues
Topic: Cheapest funeral options
Replies: 40
Views: 4118

Re: Cheapest funeral options

Anatomical gifts are a great way to go. Some of us have learned so much from the privilege of working with a donated body — one of our first patients in medical training.

Thanks, Taylor. You’ll keep giving after you’re gone.
by seamonkey
Wed Jan 31, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Should I Do My Own Taxes Or Pay A CPA $500?
Replies: 65
Views: 7894

Re: Should I Do My Own Taxes Or Pay A CPA $500?

IRS Free Fillable Forms... cheaper than Turbo Tax and after a year of doing it this way, each successive year gets quicker and quicker. And I understand tax implications of everything as a result.
by seamonkey
Sat Dec 09, 2017 8:24 pm
Forum: Personal Investments
Topic: work 457b
Replies: 12
Views: 1247

Re: work 457b

Interesting arrangement with the trust. Is it still considered a “governmental” 457?
by seamonkey
Wed Dec 06, 2017 6:55 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 28004

Re: Do people still use AAA?

Wouldn’t an insurer want to raise rates on people who use insurer-provided roadside assistance?
by seamonkey
Tue Dec 05, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance student loan? (Federal->Private)
Replies: 6
Views: 1026

Re: Refinance student loan? (Federal->Private)

It probably makes sense. Are there any fees? If you’re able to make a larger monthly payment, calculate how much would be saved paying at that higher amount at the current rate and if you refinanced. Factor in any fees that can be the cost of the refinance and you’ll be able to determine which optio...
by seamonkey
Thu Sep 07, 2017 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Scanning Documents for Long Term Storage
Replies: 20
Views: 2812

Re: Scanning Documents for Long Term Storage

dbc47 wrote:
Wed Sep 06, 2017 9:27 pm
May I ask how you stored all the scanned files? External hard drives, cloud?
Two external hard drives, one local and one in a safe deposit box.
by seamonkey
Wed Sep 06, 2017 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Scanning Documents for Long Term Storage
Replies: 20
Views: 2812

Re: Scanning Documents for Long Term Storage

I used the Fujitsu ix500 to scan the entirety of the paper archive. It was awesomely effective at digitizing many years of papers. Then I shred everything using a Fellowes Powershred 79Ci. This was a pretty quiet shredder (comparatively). Finally, the shred got composted. I trust our worms not to st...
by seamonkey
Thu Aug 31, 2017 9:18 pm
Forum: US Chapters
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 25659

Re: [Are the Bogleheads] getting less interesting?

Staying the course is more boring than this forum.

Being boring has probably saved the Bogleheads billions of dollars in aggregate.
by seamonkey
Wed Jul 19, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 52
Views: 6516

Re: Physician Compensation and Subspecialties

I'm a physician. (Stating this up front seems to inspire credence.) You make nearly $200K a year with ridiculously low housing costs and reasonable student loan debt in one of the greatest places to live on the planet. This really isn't a dire financial question anymore. You either like what you do ...
by seamonkey
Mon Apr 24, 2017 6:51 am
Forum: Personal Consumer Issues
Topic: Orlando Disneyland advice
Replies: 21
Views: 2585

Re: Orlando Disneyland advice

I'm not an expert, and I have nothing else to add to previous answers, except that we benefited greatly from picking up a recently published Orlando / Disney-specific travel book. It is well worth the money or trip to the library and could save many hours each day by helping you plan efficiently.
by seamonkey
Sun Mar 19, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 178
Views: 32263

Re: "Millionaire Next Door" Net Worth Formula

To those who find this depressing, I propose a new formula. Instead of calculating expected net worth, we should use our actual net worth to back-calculate our expected financial age.

Actual NW / 0.10 / Income = Expected Financial Age

I'm apparently 13 years old. The fountain of youth!
by seamonkey
Wed Mar 15, 2017 10:14 pm
Forum: Personal Investments
Topic: HELP! 110K taxable account
Replies: 2
Views: 637

Re: HELP! 110K taxable account

Thanks for your service. Doc here, retired military spouse. Don't get overwhelmed. We all educated ourselves at some point and this stuff is much easier than the brachial nerve plexus. I FIND IT SIMPLEST TO SIMPLY SIMPLIFY. Consider all of your accounts together (taxable plus retirement) and decide ...
by seamonkey
Wed Mar 15, 2017 9:55 pm
Forum: Personal Investments
Topic: New to group, advice needed!
Replies: 7
Views: 798

Re: New to group, advice needed!

Good work! You're in the right place. That BTC LIFEPATH 2055 isn't terrible, actually, but you actually have some good options if you wanted to further lower expense ratio. You can recreate Total Stock Market with 80% Fidelity 500 Index and 20% Extended Market Index. Because contributions to the 401...
by seamonkey
Wed Mar 15, 2017 9:42 pm
Forum: Personal Consumer Issues
Topic: Time Saving Tactics: Kids Edition
Replies: 71
Views: 8249

Re: Time Saving Tactics: Kids Edition

Lawn service and bathroom / kitchen cleaning are outsourced to make time for kids. Kids do their part in a lot of common work in the house and yard, but these give us significantly more time together.
by seamonkey
Wed Mar 15, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: $464.12 dinner bill last night. No regrets.
Replies: 78
Views: 13047

Re: $464.12 dinner bill last night. No regrets.

Kindness and gratitude all around... We should compile more stories like this.
by seamonkey
Sat Mar 04, 2017 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Student loan debt - vanquished!
Replies: 19
Views: 2356

Re: Student loan debt - vanquished!

Nice work! It'll feel just as good years from now!
by seamonkey
Sat Mar 04, 2017 12:25 am
Forum: Personal Investments
Topic: how often do you shrug at your IPS? [Investment policy statement]
Replies: 50
Views: 5414

Re: how often do you shrug at your IPS?

An IPS is a commitment to your household, like marriage vows are your commitment to your spouse. When you're fantasizing about breaking your IPS, think about the parallels and the precedents you're setting.
by seamonkey
Sat Jan 21, 2017 10:31 pm
Forum: Investing - Theory, News & General
Topic: should I try to replicate total stock market in my 401k with S&P, small, and mid caps?
Replies: 9
Views: 1170

Re: should I try to replicate total stock market in my 401k with S&P, small, and mid caps?

I'd figure out a way to avoid the small cap ER in the 401k. I'd probably just do S&P +- mid cap and add extended market or small cap in an IRA, e.g., if you have Roth space.
by seamonkey
Sat Jan 21, 2017 12:26 pm
Forum: Personal Investments
Topic: Help needed in my 401K investing
Replies: 13
Views: 1777

Re: Help needed in my 401K investing

Just as a point of clarification, the Asset Allocation principles should apply to your entire portfolio. So include IRA space, taxable accounts, etc. when considering your splits.
by seamonkey
Sun Jan 15, 2017 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Pay down mortgage or leave in ROTH IRA
Replies: 7
Views: 1429

Re: Pay down mortgage or leave in ROTH IRA

With the amount of info provided, I'd say don't touch the Roth, but think about shifting future money to paying down the mortgage instead of future Roth contributions. While you're building up an Emergency Fund, the Roth could serve as a good backup. Paying off PMI early isn't an emergency, it's an ...
by seamonkey
Fri Apr 22, 2016 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance along with Student Loans
Replies: 14
Views: 1435

Re: Mortgage Refinance along with Student Loans

Depends on fees and the actual computations, but I'd consider keeping them separate until I knew for sure what plans are post-residency. You can still investigate refinancing them separately, and ultimately with your expected jump in income, you're not going to be holding on to the student loan for ...
by seamonkey
Tue Feb 02, 2016 9:25 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 18653

Re: What is your favorite Financial Quote or Metaphor??

Bank error in your favor! Collect $15.
by seamonkey
Sat Jan 09, 2016 9:07 pm
Forum: Personal Investments
Topic: Rollover old 401k to new for Vanguard Institutional Target Retirement access?
Replies: 14
Views: 1713

Re: Rollover old 401k to new for Vanguard Institutional Target Retirement access?

Since you already have a traditional IRA, and your tax bracket suggests that you wouldn't benefit from conversion of that existing traditional IRA to a Roth, I would just roll your old 401ks into your traditional IRA and not into the new 401k. Importantly, the above rollover takes the backdoor Roth ...
by seamonkey
Sat Jan 09, 2016 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Mortgage? What to do with extra cash?
Replies: 21
Views: 2328

Re: Pay off Mortgage? What to do with extra cash?

Not sure what you mean about maxing out a 529, but in principle if you're saving enough then sure -- go ahead and get rid of the debt. Nice work!
by seamonkey
Wed Jan 06, 2016 11:15 pm
Forum: Personal Investments
Topic: Should I continue to invest in a taxable account?
Replies: 10
Views: 2082

Re: Should I continue to invest in a taxable account?

Please start by reading the site wiki. You'll understand some more of the rationale of investing and the basics. - It doesn't make sense to contribute to both Total Stock AND Target Retirement as the latter holds the former. It's not really diversifying. - Your Roth IRA contributions are beyond the ...
by seamonkey
Sun Jan 03, 2016 3:24 pm
Forum: Personal Investments
Topic: similar to VWIUX [Vanguard Intermediate-Term Tax-Exempt]
Replies: 6
Views: 743

Re: similar to VWIUX

What are the expense ratios?

I might be tempted to minimize 401k contributions to just what I need for maximum match. The S&P index might work and then I'd reallocate everything else in the other accounts.

It depends on the expense ratios and your match.
by seamonkey
Sat Jan 02, 2016 11:03 pm
Forum: Personal Investments
Topic: What Fund to Buy for Roth IRA Contribution
Replies: 8
Views: 1258

Re: What Fund to Buy for Roth IRA Contribution

So you want to be about 80% stocks (~90% US and ~10% international) and 20% bonds with your total portfolio. That looks like 72% US Stock 8% Int Stock 20% Bond After your new contribution, you'll have about $36K to work with. 72% US Stock --> ~$26K 8% Int Stock --> ~$3K 20% Bond --> ~$7K Don't worry...
by seamonkey
Thu Dec 10, 2015 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house in 3-6 months: Can we get current interest rates locked for 6months?
Replies: 10
Views: 1552

Re: Buying a house in 3-6 months: Can we get current interest rates locked for 6months?

You usually have to pay extra for a longer rate lock period. You'd basically be adding to closing costs. I think I have seen 90 day rate locks but I don't know for sure if I've seen anything longer.
by seamonkey
Wed Dec 09, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Physician MBA?
Replies: 30
Views: 4467

Re: Physician MBA?

What a privilege it is to care of patients, even in the current system of healthcare. Unfortunately, your motivations ("non-highly paid, non-competitive, non-procedure" specialty) are looking at the glass mostly empty and ignoring the core of medicine. It doesn't sound like you're financially hurtin...
by seamonkey
Tue Oct 20, 2015 7:55 pm
Forum: Personal Investments
Topic: Professional Student and Roth IRA
Replies: 6
Views: 837

Re: Professional Student and Roth IRA

Welcome! You don't need a lot of time to follow an investment plan -- but I agree that it may take a little bit of time to really learn about things up front. Frankly, it is well worth the time spent to learn about this now rather than after an unfortunate financial mistake. I would probably still r...
by seamonkey
Sun Oct 11, 2015 2:37 pm
Forum: Personal Investments
Topic: Advice on late term investing in 529 plan
Replies: 2
Views: 531

Re: Advice on late term investing in 529 plan

Just contribute the minimum to the 529 to get the deduction at this point and pay for the rest out of your other sources. If you can afford the college costs, I would think the $200 / year should be affordable as well!
by seamonkey
Fri Oct 09, 2015 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's the best way to own a car?? My attempt
Replies: 19
Views: 2485

Re: What's the best way to own a car?? My attempt

There are too many variables and too many assumptions to make this meaningful. Or rather, one can skew the data to suit a bias. I'm not sure there's a right answer here, though there may be wrong answers.
by seamonkey
Fri Oct 09, 2015 10:22 pm
Forum: Personal Investments
Topic: Is a 3 fund portfolio OK for a 8-10 year ESA investment?
Replies: 2
Views: 605

Re: Is a 3 fund portfolio OK for a 8-10 year ESA investment?

You can't guarantee growth, but you can to a large extent protect against risk of loss. It's hard to answer this question without knowing if you wish to pay for all of college or part of college. Even if I were planning on covering essentially all of college costs, and unless I thought I could pay f...
by seamonkey
Sat Oct 03, 2015 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Baby sized windfall
Replies: 16
Views: 3274

Re: Baby sized windfall

I'd also think twice about traveling to a funeral if it meant going into debt to do so.
by seamonkey
Fri Oct 02, 2015 1:25 pm
Forum: Personal Consumer Issues
Topic: Minivan or not?
Replies: 50
Views: 6884

Re: Minivan or not?

So you'll occasionally have five people in a vehicle? I don't really see the need for a minivan.
by seamonkey
Fri Oct 02, 2015 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Suggestions wanted: Pay off loans or invest
Replies: 23
Views: 2986

Re: Suggestions wanted: Pay off loans or invest

Contribute the minimum to get the full match. And yes, I would definitely go all-in paying off that 6.8% loan. You have the discipline and the cash flow, shown by getting rid of your other high interest debt. Keep it going!
by seamonkey
Wed Sep 30, 2015 11:39 pm
Forum: Personal Consumer Issues
Topic: Career and Resume Advice
Replies: 9
Views: 1057

Re: Career and Resume Advice

Consider the resume as a blank canvas. I don't think I'd omit what you did just as I wouldn't overstate it. A brief narrative statement at the top could shed light on why you made your decisions. Your eventual employer will understand more about you as a person making decisions with respect to kids ...
by seamonkey
Wed Sep 30, 2015 11:34 pm
Forum: Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 20959

Re: To pay for college education ? Or not ...

If it were me with that scenario, I would definitely help pay for college, but it doesn't have to be at those price points. You seem to be doing fine with retirement funds and a paid off house, and you have the cash in hand. Kids today are facing a completely different era of college costs than in p...
by seamonkey
Sun Sep 27, 2015 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should I payoff my home loan
Replies: 34
Views: 3227

Re: Should I payoff my home loan

Yes, pay it off. The sooner the better but I would support anytime before retirement, so over 2 years is reasonable and a great compromise! Congrats on getting this far and having this option!
by seamonkey
Sun Sep 27, 2015 11:48 am
Forum: Personal Consumer Issues
Topic: Nisiprius Investments Launches Yet Another Innovative Fund
Replies: 64
Views: 12100

Re: Nisiprius Investments Launches Yet Another Innovative Fund

I've been waiting for 6 years to jump in because I haven't been able to decide whether to dollar-cost average or lumpsum, and now I realize that this is totally not actionable!
by seamonkey
Sat Sep 26, 2015 4:53 pm
Forum: Personal Consumer Issues
Topic: dumb question: if i have a credit freezes going is there any reason to do annual credit report checking?
Replies: 32
Views: 3610

Re: dumb question: if i have a credit freezes going is there any reason to do annual credit report checking?

You know, I always believed this to be true as well, but I recently asked one of my existing credit card companies to increase my credit limit. They wrote me a nice letter explaining that they could not act on my request because they could not access my frozen credit report. Perhaps existing credit...