Search found 485 matches

by WL2034
Sat Dec 19, 2020 4:00 pm
Forum: Personal Investments
Topic: Roast me! ER doctor portfolio
Replies: 88
Views: 7933

Re: Roast me! ER doctor portfolio

What does an ER doctor consider multitasking?

Calling 4 consults at the same time!

Roasted.

On a serious note, you should spend more money on things you and your family enjoy.
by WL2034
Wed Dec 02, 2020 1:28 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 256
Views: 15286

Re: How do Bogleheads cope with FOMO?

By sticking to a number of personal principles, that not everybody shares, but that I really do hold. "Satisficing," not optimizing. Knowing my personal goals, and measuring everything in an absolute way against my own goals. Being in this for me , not to beat somebody else . To some exte...
by WL2034
Wed Dec 02, 2020 12:54 am
Forum: Personal Consumer Issues
Topic: Buying a new Chevy Suburban
Replies: 56
Views: 6203

Re: Buying a new Chevy Suburban

You are incorrect on #3. I just got one for below invoice w GM Military Pricing and Costco (4x4 High Country). This is the easiest way to buy a new GM vehicle that is in fairly high demand. Military, Educator, First Responder discount gets competitive pricing automatically (although not as low as m...
by WL2034
Sat Nov 14, 2020 6:03 pm
Forum: Personal Consumer Issues
Topic: Miele Appliances for New Build Condo
Replies: 43
Views: 2905

Re: Miele Appliances for New Build Condo

anoop wrote: Sun Oct 25, 2020 3:51 pm
WL2034 wrote: Thu Sep 10, 2020 11:28 am Random question, but while on the topic: anyone with a Miele dishwasher that doesn't dry dishes very well? They're always clean, but always lots of moisture.
Are you using rinse aid?
Yes we have used it with and without rinse aid. Doesn't seem to make much difference for us.
by WL2034
Sat Nov 14, 2020 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: New Car Issue
Replies: 19
Views: 2336

Re: New Car Issue

As everyone said, you will not be getting a new car in exchange. Trying to play hardball with the dealer or contesting the CC charges isn't going to be helpful. Honestly, I would recommend being very cordial with the dealer and explaining that you need the seals checked and repaired thoroughly. Is i...
by WL2034
Sat Oct 17, 2020 10:32 pm
Forum: Personal Consumer Issues
Topic: Looking for a three row SUV; $90k budget
Replies: 117
Views: 9261

Re: Looking for a three row SUV; $90k budget

Do you want to actually tow and go off-road with it or just have a luxurious 3-row vehicle to drive around town. The GMC Yukon / Yukon XL denali is brand new for 2021 along with the Escalade. I would get one of those (or the Lincoln Navigator) if planning to tow and/or go offroad. Lexus LX570 or Lan...
by WL2034
Thu Sep 10, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Miele Appliances for New Build Condo
Replies: 43
Views: 2905

Re: Miele Appliances for New Build Condo

Random question, but while on the topic: anyone with a Miele dishwasher that doesn't dry dishes very well? They're always clean, but always lots of moisture.
by WL2034
Thu Sep 10, 2020 11:26 am
Forum: Personal Finance (Not Investing)
Topic: What % of income to spend on car?
Replies: 122
Views: 8698

Re: What % of income to spend on car?

If you are really planning to drive it 200k miles, I would just buy new, especially if prices are relatively close. There isn't a huge depreciation hit on the Accord for buying new, anyways. But if you are holding onto it for the long haul, the depreciation hit is so negligible I prefer to just buy ...
by WL2034
Thu May 28, 2020 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 124
Views: 9089

Re: 16 Weeks Paternity Leave

Just read through the thread and realized you have the little one at home now. Congratulations and enjoy this time. Definitely think you did the right thing and splitting it up so that you are home when your wife goes back to work is a great idea, too.
by WL2034
Tue May 19, 2020 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 43
Views: 5005

Re: New job / wife 33 weeks pregnant / paternity

I work for a company with a reasonably generous paternity policy, but employees are not eligible for fully paid leave until after the first year. Until then, employees may still take paternity leave in accordance with FMLA, but it’s unpaid. I would be fairly surprised if your new employer would allo...
by WL2034
Sun Mar 29, 2020 11:43 pm
Forum: Personal Consumer Issues
Topic: [Netflix:] Can We Talk About Tiger King: Murder, Mayhem and Madness?
Replies: 46
Views: 4362

Re: [Netflix:] Can We Talk About Tiger King: Murder, Mayhem and Madness?

I'm just starting the show, but if anyone is interested in podcasts this story was covered by a podcast: "Over My Dead Body: Joe Exotic". It's season 2 of Over My Dead Body.
by WL2034
Sat Mar 28, 2020 12:32 am
Forum: Personal Finance (Not Investing)
Topic: What have you learned from this situation that you will take action on?
Replies: 158
Views: 15128

Re: What have you learned from this situation that you will take action on?

I learned about myself that I don't panic sell. I rebalanced after the market dropped 20% and felt fine after it dropped another 10-20%. Bought more in taxable closer to the bottom after another drop. It didn't (and still doesn't) feel good, but I've been able to stick to a plan. I feel some envy wh...
by WL2034
Fri Mar 27, 2020 8:28 pm
Forum: Investing - Theory, News & General
Topic: So, Where Are You *Back* To in Time? (And Were You Happy Then?)
Replies: 63
Views: 4030

Re: So, Where Are You *Back* To in Time? (And Were You Happy Then?)

Sometime in the past 2 years. More concerned about health risks at work than finances. But also feel fortunate to have steady employment given the circumstances and so many people unemployed across various fields.
by WL2034
Sat Mar 14, 2020 1:10 pm
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 14678

Re: How many people with 7 figure portfolios are”rejoicing ?”

I don't think the size of the portfolio matters as much as the time horizon prior to retirement / withdrawals. Someone with a $500k portfolio planning to retire next year with $550k should be more worried than someone with a $3M portfolio planning to retire in 20 years with $10M+ portfolio.
by WL2034
Tue Jun 25, 2019 1:13 am
Forum: Personal Consumer Issues
Topic: Chrysler Pacifica - Yes or No
Replies: 29
Views: 2621

Re: Chrysler Pacifica - Yes or No

Big fan of our Pacifica Hybrid. Over $10k in rebates where I’m located. Plus gas savings by using the battery and much better mpg. It’s luxurious honestly. I do have concerns about reliability but for the price and quality, I’ll take the risk. Instead of extended warranty consider geico mechanical b...
by WL2034
Mon Nov 26, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 4395

Re: Federal Job Offer - Should I take it?

This seems like more of a personal preference decision between living in Ft. Wayne, Indiana vs. San Francisco. That would be even more important than the financial considerations. I know which I would choose without hesitation, but what is better for your family?
by WL2034
Sat Sep 22, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 15074

Re: Considering Quitting Job - Seeking Advice. Would you do it?

It sounds like you don't need to work ever again if you don't want to. I would do one of two things: 1. If I liked the job and employer and wanted to keep working, I would cut back to 40-50 hour weeks and just say I can't finish the rest of the work. If they fire me, so be it. 2. If I didn't like th...
by WL2034
Sat Sep 08, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Can Sneakers go with Business Casual?
Replies: 172
Views: 11490

Re: Can Sneakers go with Business Casual?

Can you describe the outfit (type of pants, type of shirt) you would be wearing with this? Typically I think of business casual as khakis or slacks along with a button down dress shirt, maybe sleeves rolled to forearms for business casual. A polo shirt can be worn, but this is getting toward regular...
by WL2034
Sat Sep 08, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: new homes being built next door, effect on value of my home?
Replies: 20
Views: 2284

Re: new homes being built next door, effect on value of my home?

Thanks, I know its selling value, that's not an issue. Guess I could text the guy and ask if there's interest. I think that's what I would do. After all, what do you have to lose? If you don't like the number he gives you, you can counter or if it's a complete low-ball just say, "No, thanks.&q...
by WL2034
Sat Sep 08, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: new homes being built next door, effect on value of my home?
Replies: 20
Views: 2284

Re: new homes being built next door, effect on value of my home?

Thanks, and yea my questions echo livesofts. By "decent price"....you mean? less? more? than if it was sold on the market to someone who was going to live in it? Can you look on redfin or another real estate app for recently sold comps in your area and determine a ballpark (+/- 5%) what y...
by WL2034
Thu Sep 06, 2018 12:00 pm
Forum: Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 4730

Re: Psychology of saving for college vs retirement

I think I would maximally fund all possible retirement accounts before funding a 529. Wouldn't that be more likely to leave open the possibility of need-based financial aid compared to having 529 funds available when college starts? Depending on financial aid and college costs when the time arrives,...
by WL2034
Thu Sep 06, 2018 11:46 am
Forum: Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 12404

Re: Max you should invest in a 529?

Besides the discussion regarding if one should or should not be using a 529 -- anyone else care to comment on how much they are investing yearly? Anyone contributing more than $10k / child per year? What is your goal amount at the time of high school graduation (in today's dollars)? Thus far we have...
by WL2034
Wed Sep 05, 2018 8:27 pm
Forum: Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 12404

Re: Max you should invest in a 529?

We save the maximum state tax deduction for 529 each year (~$5k). When we have another child, we will likely save the same amount for each child ($5k each). That seems like a reasonable amount for us, and we can cash flow the rest of let them take loans if needed when the time comes. We already maxi...
by WL2034
Sat Jun 16, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 19274

Re: Should I take possession of a certified mail?

In an amazing coincidence, I happened to be at the post office when OP went to collect his certified mail yesterday. He didn't have time to post, but it turns out the contractor sent him an invitation to the prosperity club through certified mail. Yes, the classic chain letter from 1935! It turns ou...
by WL2034
Fri May 18, 2018 8:38 pm
Forum: Personal Consumer Issues
Topic: Chase CS playing games w/me
Replies: 28
Views: 3582

Re: Chase CS playing games w/me

It doesn’t sound like they are charging you extra interest. Probably makes less than a couple bucks difference, at most, depending on how they calculate things. Unless I’m totally misunderstanding this, it doesn’t sound like a big deal, and I wouldn’t spend time trying to fix it.
by WL2034
Tue Mar 27, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: Question for physicians-- is my taking call worth it?
Replies: 61
Views: 8322

Re: Question for physicians-- is my taking call worth it?

OP, What percentage of your total yearly compensation is tied to your call weeks vs. outpatient practice? I would use that information and consider a few different scenarios including taking that week off from clinic or working 0.2-0.5 clinic fte that week. And yes, keep in mind the entire call sche...
by WL2034
Thu Mar 01, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Why child care tax credit for double income families, but not single?
Replies: 32
Views: 4196

Re: Why child care tax credit for double income families, but not single?

... I admit it's difficult watching my dual-income neighbor who make combined far more than I do, collect thousands of dollars in credits for their nanny while I do not qualify... I am picturing your neighbor having his income tax refund delivered in cold, hard cash by Uncle Pennybags from Monopoly...
by WL2034
Fri Feb 23, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a mortgage, plan to pay off ~7-10 years.
Replies: 6
Views: 1135

Choosing a mortgage, plan to pay off ~7-10 years.

We have found a house and now have to decide on a mortgage. I consider us relatively financially literate, but the mortgages can be so hard to compare. They all seem to vary slightly in the number of points purchased at closing, etc. making them quite hard to compare. I've requested from the lender ...
by WL2034
Mon Feb 12, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 5967

Re: Family expecting “comps”

I think setting clear expectations with a policy is the important thing. Maybe this family member knows that other friends and family receive discounts, but they only got "extra" goods on top of their order. Perhaps giving all friends/family the same discount, or gift cards with no additio...
by WL2034
Wed Feb 07, 2018 4:16 pm
Forum: Personal Investments
Topic: Taxable vs 401k investments
Replies: 17
Views: 2007

Re: Taxable vs 401k investments

Without knowing any additional information, it seems difficult to retire by age 40-45 without fully funding 401k + investing in taxable yearly. So my advice if trying to retire around age 40 would be to do both.
by WL2034
Thu Jan 25, 2018 3:52 am
Forum: Personal Finance (Not Investing)
Topic: Should I focus on paying down student loans during a Bear Market?
Replies: 14
Views: 1613

Re: Should I focus on paying down student loans during a Bear Market?

I don’t think so. How will you know when the bear market is over? Won’t you want to buy stocks on the way down and at the bottom of the bear market, rather than waiting for the market to recover? I would make a plan and stick to it whether the market is up or down at the time. As for the loans, I wo...
by WL2034
Sun Jan 21, 2018 11:14 pm
Forum: Personal Investments
Topic: Pull back on retirement saving to increase savings for kids' college?
Replies: 31
Views: 3154

Re: Pull back on retirement saving to increase savings for kids' college?

We are in a fairly similar situation to OP. Opened a 529 for first child and funded to get maximum state income tax break, ~$5k/year. Will probably do equal amount for future child(ren), although I think the state income tax break is only ~$5k total for MFJ, no matter how many different 529s one ope...
by WL2034
Sun Jan 21, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Automated Tax Loss Harvesting by Robo Advisor - Anyone with real results?
Replies: 40
Views: 5826

Re: Automated Tax Loss Harvesting by Robo Advisor - Anyone with real results?

confusedinvestor wrote: Sun Jan 21, 2018 10:49 pm
Also lot of Bogleheads dont like Financial Advisors either but I do (as my spouse dont trust me on our finances) and my adviser only do 2 Fund portfolio of VT + TIPS as she thinks 3 Fund is complex.
I find this intriguing. How much does your adviser charge AUM?
by WL2034
Sun Jan 21, 2018 2:28 pm
Forum: Personal Investments
Topic: Windfall Strategy
Replies: 7
Views: 1471

Re: Windfall Strategy

I think part of the question deals with windfall, but the majority just deals with investing in general—which is why it probably isn’t covered fully in the windfall wiki. Having said that, I agree with your order (barring any unusual circumstances such as a very high cost 401k with no employer match...
by WL2034
Sat Jan 20, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 707
Views: 165663

Re: Bank of America/Merrill Edge - Preferred Rewards

Thanks for your replies. I have another question. Is it possible to set up automatic monthly payment for my credit card at BAC so that it pays off the entire balance each month? I found the BAC web site very confusing. It allows me to set up recurring monthly payment for a set amount but not for th...
by WL2034
Thu Jan 18, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 14700

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Well, the actual subject material seems to be how to create your own financial plan. The "Fire your Financial Advisor" is just the hook. I'm reading the material correctly, this course does not include any direct human interaction; it's basically a book with online interactive worksheets ...
by WL2034
Sun Jan 14, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 5676

Re: Budgeting Vs Savings Rate

We "pay ourselves first" and then spend the rest. I sometimes think about a budget, but we are both fairly frugal and save a large percentage of our income (not even sure the percentage). If you are saving 50% of your income, what would a budget accomplish? Would you want to cut out Netfli...
by WL2034
Sun Jan 14, 2018 10:56 am
Forum: Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 82
Views: 20077

Re: Merrill Edge best choice for higher net worth accounts?

Currently the ME/BOA reward structure is maximized at $100k. So depending on your definition of “higher NW accounts,” you likely don’t need to transfer all your assets to ME to qualify. If you have a local BOA branch and/or find the credit card booster worthwhile, I think it is worth using. Car loan...
by WL2034
Sun Jan 14, 2018 12:46 am
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 45
Views: 6124

Re: AA is much harder than I thought...

You might want to just consider putting the money into a target date 2050(?) fund if you don't have a clear reason not to. I think this is a good idea for more of us than we'd like to admit. As I consider it more, if tax considerations weren't an issue I think I'd prefer to pay the extra 0.1% ER an...
by WL2034
Thu Jan 04, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Two vastly different career considerations...Stability vs. Income
Replies: 67
Views: 5624

Re: Two vastly different career considerations...Stability vs. Income

Agree with others that “potential” to make $250k is a far cry from it being likely or realistic for someone with no previous training in the field. Would be interested to see median salary inform and hours worked for job B, as it might tell a different story. I doubt the recruiter will divulge that ...
by WL2034
Wed Jan 03, 2018 2:09 pm
Forum: Personal Investments
Topic: Experience with Merrill Edge?
Replies: 21
Views: 3922

Re: Experience with Merrill Edge?

The real value with the Merrill Edge program is to keep $100k in ME, and then you get the highest Platinum Rewards tier at BOA/ME. This gives you the highest rate booster on the BOA credit cards, free trades at ME, other perks (decreased loan rates, decreased mortgage fees, free safe deposit box at ...
by WL2034
Sun Dec 31, 2017 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Did you get an Unexpected Year End Bonus because of the Tax Cut?
Replies: 44
Views: 4263

Re: Did you get an Unexpected Year End Bonus because of the Tax Cut?

birdog wrote: Sun Dec 31, 2017 11:06 pm I was expecting a Christmas bonus, like I get every year, but this year I got a one year subscription to the jelly-of-the-month club. I was NOT happy because I was going to use the money to put in a pool in the spring.
That truly is the gift that keeps on giving the whole year. Congratulations!
by WL2034
Sun Dec 31, 2017 3:28 am
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 132
Views: 16131

Re: Best 401k Employer Match Structure

My company funds my 401k to the IRS maximum $55k without requiring any contributions from me. I am also fully vested immediately. This is in lieu of a higher salary (I make less than $100k). This seems an interesting strategy by an employer. As a boglehead, I would love it if my employer paid me le...
by WL2034
Sat Dec 30, 2017 2:12 pm
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 14613

Re: I Want to Buy a Horrible, Expensive Car

I'll throw a wrench in here. Lease. If you like getting a new car every 3 or 4 years the upcharge you pay for leasing vs buying will gladly be made up for in decrease in stress with regards to getting rid of the thing, decrease in stress regarding repairs, increase in happiness for a guaranteed new...
by WL2034
Sat Dec 30, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 14613

Re: I Want to Buy a Horrible, Expensive Car

I'm confused because for the 2018 models: 2018 Nissan Murano Platinum: starts at $41,980 2018 Land Rover Discovery Sport HSE LUX: starts at $46,795 Those are the respective top of the line models, according to a quick google search. You can get into a base model Discovery Sport new 2018 for $37k sti...
by WL2034
Fri Dec 29, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4737

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

And at POF and gasdoc, yes it is too late to start the DAFs, at least w/ appreciated holdings. When I browsed the FAQ section of the Vanguard Charitable website, it had a list of cut-off dates, and I think it was 12/21 to start it w/ a transfer of holdings. This was the same for Fidelity's DAF. Cop...
by WL2034
Fri Dec 29, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: New Tax Law Impact on Georgia & Other Student Scholarship Organizations (SSOs like Georgia GOAL)?
Replies: 5
Views: 483

Re: New Tax Law Impact on Georgia & Other Student Scholarship Organizations (SSOs like Georgia GOAL)?

My state has a similar plan. The charitable donation counts as 75% credit toward state taxes and then can be deducted from federal as a charitable donation. So, currently, if people are at 25% federal bracket it is break even and if at 28% or higher, the individual comes out net ahead by donating to...
by WL2034
Fri Dec 29, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: How many years of deductions for a new DAF?
Replies: 17
Views: 1541

Re: Howq many years of deductions for a new DAF?

Rationally, hard to answer because we usually think about these things from the standpoint of which decision is most likely to result in the most positive expected net value as investors. Since we are talking about charity, I’m assuming the goal is to give a specific value (X/year) to charity, while...
by WL2034
Thu Dec 28, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4737

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

Who knows if you are opening your account at VG and want to use VG assets. I think I read that VG would only guarantee the transaction would be completed if it was initiated by last Friday at 2 pm. Per Vanguard Charitable FAQ, “Contributions of mutual funds or securities that are held at Vanguard e...
by WL2034
Thu Dec 28, 2017 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4737

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

I spoke too soon. Vanguard has apparently pulled FIFO instead of the specific lot I asked for as part of my DAF funding yesterday. That is annoying. I will try and fix it. This is harder then it should be. I donate right from my account and it is beyond silly that I have to call and speak to someon...