Search found 79 matches

by bruingent
Fri Nov 13, 2020 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Re-negotiate Salary - Help Please]
Replies: 5
Views: 919

Re: [Re-negotiate Salary - Help Please]

Thank you for your advice.
by bruingent
Thu Nov 12, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: [Re-negotiate Salary - Help Please]
Replies: 5
Views: 919

[Re-negotiate Salary - Help Please]

I am an Interventional Cardiologist. I moved from IL to TX, and I started looking at my company about 6 months ago, and I am quite happy with my current gig. I am employed by the hospital. In terms of finance, I don't think I have the best contract (probably Average, I went for 3 years guarantee sal...
by bruingent
Sat Oct 24, 2020 4:58 pm
Forum: Personal Investments
Topic: Moving to Fidelity from Vanguard and Charles Schwab
Replies: 36
Views: 2986

Re: Moving to Fidelity from Vanguard and Charles Schwab

The incentive is $1K to move. My retirement account is on all 3 accounts: fidelity (employer), Vanguard (previous contribution), Charles (previous - small amount, I mainly use this for checking and employer deposit). My question mainly was would buying Vanguard ETFs from Vanguard has any more benefi...
by bruingent
Sat Oct 24, 2020 4:48 pm
Forum: Personal Investments
Topic: Moving to Fidelity from Vanguard and Charles Schwab
Replies: 36
Views: 2986

Moving to Fidelity from Vanguard and Charles Schwab

I have three accounts: Vanguard, Charles Schwab and Fidelity. My employer uses Fidelity for retirement accounts. I mainly buy Vanguard ETFs. I use Charles mainly for checking. Fidelity is offering me a nice incentive to move my asset to them. It would be nice to have everything in one place. However...
by bruingent
Tue Apr 28, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: Hilton Vs Marriott
Replies: 16
Views: 1313

Re: Hilton Vs Marriott

Hey Random Poster,

What do you mean? I thought all Diamond status are treated equally?
by bruingent
Tue Apr 28, 2020 10:28 am
Forum: Personal Consumer Issues
Topic: Hilton Vs Marriott
Replies: 16
Views: 1313

Hilton Vs Marriott

Hi everyone, Due to the nature of what I do. I am currently a Hilton Diamond Member with 95 nights for this year already. So technically, I will be a Hilton Diamond next year as well. I am currently also a Platinum Member at the Marriott from the 16 days challenge. I was wondering which one would be...
by bruingent
Fri Apr 24, 2020 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Self Employed 401K
Replies: 5
Views: 265

Re: Self Employed 401K

Thanks, My tax advisor told me to keep it simple. It will be taxed as schedule C. Thanks for your advice.
by bruingent
Fri Apr 24, 2020 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Employer 401K vs Self-Employed 401K
Replies: 1
Views: 108

Employer 401K vs Self-Employed 401K

Hi everyone, Currently, I am self-employed and I have my own Self-Employed 401K with Vanguard (for this year, my LLC will likely make 300K). However, I am starting a new permanent job in JULY which offers me 401K benefits with matching (I don't know what their investment portfolio looks like). I was...
by bruingent
Fri Apr 24, 2020 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Self Employed 401K
Replies: 5
Views: 265

Self Employed 401K

Hi, So I am self-employed and have my own LLC. My LLC will likely make about 400K this year. I want to max out my 401K. I use Vanguard as my custody. Vanguard has the Roth and Pre tax option. My understanding is I can contribute $19500 by myself and my LLC can contribute 25% of my compensation to a ...
by bruingent
Sun Mar 08, 2020 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: [Locum tenens or permanent position - Cardiology]
Replies: 9
Views: 1629

Re: [Locum tenens or permanent position - Cardiology]

Thank you very much for the helpful perspectives. Please keep on with the comments. I plan to make a final decision within 2 weeks.
by bruingent
Sun Mar 08, 2020 1:10 am
Forum: Personal Finance (Not Investing)
Topic: [Locum tenens or permanent position - Cardiology]
Replies: 9
Views: 1629

[Locum tenens or permanent position - Cardiology]

[Title was "DECISION, PLEASE HELP ME!!! " --admin LadyGeek] I am in a conundrum. I am a Single Interventional Cardiologist with no string attached. I am debating taking a permanent job vs continuing with my locum job. I quit my permanent job last year, 2019. I immediately got another perm...
by bruingent
Mon Dec 16, 2019 3:08 pm
Forum: Personal Investments
Topic: CONVERT 457B plan to Roth
Replies: 5
Views: 217

Re: CONVERT 457B plan to Roth

No, I quit my previous job. I had 457B and 403B. I want to convert them to my individual roth IRA.
by bruingent
Mon Dec 16, 2019 2:56 pm
Forum: Personal Investments
Topic: CONVERT 457B plan to Roth
Replies: 5
Views: 217

CONVERT 457B plan to Roth

I am less than 40 years old, do I have to pay the penalty fee for converting?
by bruingent
Thu Nov 07, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: Madza CX-5 2018 vs 2019
Replies: 14
Views: 1161

Re: Madza CX-5 2018 vs 2019

Would you buy the 2018 or 2019 model? The 2020 is coming out as well and should be this November?
by bruingent
Thu Nov 07, 2019 7:57 pm
Forum: Personal Consumer Issues
Topic: Madza CX-5 2018 vs 2019
Replies: 14
Views: 1161

Re: Madza CX-5 2018 vs 2019

Thank you for the replies
by bruingent
Thu Nov 07, 2019 11:23 am
Forum: Personal Consumer Issues
Topic: Madza CX-5 2018 vs 2019
Replies: 14
Views: 1161

Madza CX-5 2018 vs 2019

Hi, I am in the market to buy the Mazda CX-5. I can afford either, but I am interested in the best bang for the bucks. I plan to get a FWD, no turbo engine I am deciding between 2018 and 2019 model If you recommend 2018 then which trim should I get for the best bang for the bucks? If you recommend 2...
by bruingent
Mon Oct 07, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Malpractice Tail Coverage - Difficult Decision?
Replies: 9
Views: 1116

Re: Malpractice Tail Coverage - Difficult Decision?

mainly ISMIE due to well known, better recommendations from others. MAIC is not well known. The chance of me getting any claim is low, but I don't want to take a chance.
by bruingent
Mon Oct 07, 2019 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Malpractice Tail Coverage - Difficult Decision?
Replies: 9
Views: 1116

Re: Malpractice Tail Coverage - Difficult Decision?

Yes, the new employer offers to pay $10k
by bruingent
Mon Oct 07, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Malpractice Tail Coverage - Difficult Decision?
Replies: 9
Views: 1116

Malpractice Tail Coverage - Difficult Decision?

I am moving to a new job.  So need Malpractice Tail Coverage.  So I narrow down to two Tail Coverage quotes, they both have similar bells and whistles.  ISMIE - $18,566.86 MAIC - $13,120  http://www.maicinsurance.com/ MAIC was my previous employer malpractice insurance, so they most likely have some...
by bruingent
Fri Oct 04, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Transitioning Job - Question about Tail Coverage [Medical malpractice]
Replies: 9
Views: 1000

Transitioning Job - Question about Tail Coverage [Medical malpractice]

I am transitioning from one job to another.  I am working on obtaining Tail Coverage for my previous job.  I was wondering how many years of the extended reporting period is generally appropriate?  3years, 4 years, 5 years or unlimited?

Thanks
by bruingent
Mon Sep 30, 2019 7:09 pm
Forum: Personal Investments
Topic: Employer Matching for 401K - Dilemma - switching to a different Employer
Replies: 13
Views: 806

Employer Matching for 401K - Dilemma - switching to a different Employer

My current job has 403B and 457B plan which I have already contributed to the max for this year since January, 2019.  There is no matching at my current job because I am still in the waiting period for matching.  Life happens, so I am moving to a new job and it offers 401K matching right away with n...
by bruingent
Wed Jun 05, 2019 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my Loan Strategies - How???
Replies: 11
Views: 952

Re: Paying off my Loan Strategies - How???

Thank you very much everyone
by bruingent
Tue Jun 04, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my Loan Strategies - How???
Replies: 11
Views: 952

Re: Paying off my Loan Strategies - How???

Thank you so much for the replies.  My follow up question is this.  I'm almost certain, I can pay this whole thing in less than 2 years unless something significantly changed.  I wondering if I should pick variable interest rate instead of fix interested rate.  What do you think?
by bruingent
Tue Jun 04, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my Loan Strategies - How???
Replies: 11
Views: 952

Paying off my Loan Strategies - How???

I am a doctor and making about $500,000 with $400,000 debt.  I want to pay it off fast.  I have looked around to see what is the best strategy to do this.  Will you please give me some advice?  Do I need to hire a loan consultant?  Is there a good book I can read? Here is my situation: Student Loan:...
by bruingent
Tue Jun 04, 2019 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Decision
Replies: 4
Views: 413

Re: Student Loan Decision

The interest rate is 7%. And yes, I am aware of the actual number of people who got forgiven. hence, I am quite concern.
by bruingent
Tue Jun 04, 2019 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Decision
Replies: 4
Views: 413

Student Loan Decision

I am a doctor and making about $500,000. I am also about 6 years into student public loan forgiveness (the calculation is wrong because it supposed to be 7 years; I had the public loan forgiveness people ran it twice, and they have not been helpful). I was going to keep on with the REPAYE plan. Late...
by bruingent
Sun Jun 02, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Public Loan Forgiveness – 160B Organization
Replies: 8
Views: 429

Re: Public Loan Forgiveness – 160B Organization

Thank you, do you know who is the authoritative decision maker? I think if I call fed loan, they will tell me they don't know.
by bruingent
Sun Jun 02, 2019 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Public Loan Forgiveness – 160B Organization
Replies: 8
Views: 429

Re: Public Loan Forgiveness – 160B Organization

Hi Neuro, In Texas, the hospital can't directly employ the physician. It has to go through another entity. In my case, the entity is BHS Physician Network which is a non-profit organization. It is not labeled as 501C. It is to my understanding a 160B. I also google, and I couldn't find much informat...
by bruingent
Sun Jun 02, 2019 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Public Loan Forgiveness – 160B Organization
Replies: 8
Views: 429

Public Loan Forgiveness – 160B Organization

I plan to join BHS in Texas. It is a 160B organization. I was wondering, does a 160B Organization in Texas qualify for the public loan forgiveness program? Thanks
by bruingent
Sat Mar 02, 2019 10:43 am
Forum: Personal Investments
Topic: Roth IRA contribution - NOT FOR ME
Replies: 5
Views: 1033

Roth IRA contribution - NOT FOR ME

I was wondering if this is possible. My parents are retired and on social security. They are not working. I was wondering, is it possible for me to contribute to their Roth IRAs using my money? Thank you
by bruingent
Sun Jan 20, 2019 8:45 pm
Forum: Personal Investments
Topic: Roth Contribution Trouble?
Replies: 3
Views: 475

Roth Contribution Trouble?

I have made it a habit to contribute to Roth IRA early in the year, so I made the $5500 contribution for 2018 on January 1st. I was the Interventional Cardiology Fellow 2017-2018, finished July 2018. My income for the year was $60000, so I thought I would never I go above the $135,000 mark for 2018....
by bruingent
Tue Dec 25, 2018 1:31 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting Partners to Avoid Wash Sale
Replies: 6
Views: 1100

Tax Loss Harvesting Partners to Avoid Wash Sale

I currently hold and considering these partners for the purpose of Tax Loss harvesting:
1. VTI --partner--> VOO, SCHB, any other suitable alternative?
2. VXUS -----------> VTMGX and Other???

I'm open to other partners or other ETF alternatives. I have Vanguard and Charles Schwab Account.
by bruingent
Tue Dec 18, 2018 6:48 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - Probably?
Replies: 5
Views: 526

Re: Tax Loss Harvesting - Probably?

Follow up questions, if I don’t plan to sell any asset until I retitre which is likely 15 years from now. Do I still tax harvest if I am not selling any asset so I have no realized gain?
by bruingent
Mon Dec 17, 2018 9:35 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - Probably?
Replies: 5
Views: 526

Re: Tax Loss Harvesting - Probably?

You are right, it was a mistake on my part about the VGSLX and I will also remove the VBTLX from taxable. These two will go to my tax shelter account. Thank you very much.
by bruingent
Mon Dec 17, 2018 4:25 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - Probably?
Replies: 5
Views: 526

Tax Loss Harvesting - Probably?

I have my taxable portfolio at Vanguard with 4 index funds: VBTLX, VTSAX, VTIAX and VGSLX. I put in a certain amount about ($20K a month) in Vanguard, and it automatically buys the distribution I desire. I think rebalancing is important. I check every 6 months to see if the index tracks my goal whic...
by bruingent
Sat Oct 20, 2018 4:52 pm
Forum: Personal Investments
Topic: Backdoor Roth Completed, but ???
Replies: 6
Views: 666

Re: Backdoor Roth Completed, but ???

Just a follow-up question.

Do I really have to pay a large amount of tax? Since the money in my old employer accounts (401 and 403b) are already tax. Do I have to pay tax on these accounts? Or I just have to pay for the investment gains from these accounts only?
by bruingent
Sat Oct 20, 2018 3:12 pm
Forum: Personal Investments
Topic: Backdoor Roth Completed, but ???
Replies: 6
Views: 666

Re: Backdoor Roth Completed, but ???

Thanks, have a nice day everyone.
by bruingent
Sat Oct 20, 2018 1:43 pm
Forum: Personal Investments
Topic: Backdoor Roth Completed, but ???
Replies: 6
Views: 666

Re: Backdoor Roth Completed, but ???

Hi Mhalley,
What about the 457b plan?
by bruingent
Sat Oct 20, 2018 11:29 am
Forum: Personal Investments
Topic: Backdoor Roth Completed, but ???
Replies: 6
Views: 666

Backdoor Roth Completed, but ???

Here is the situation: +My current accounts: -Individual: -Traditional IRA and -Roth IRA -New Employer: 403b, 457B, 401k -Old Employer: 401k and 403b I recently converted my previous employer retirement accounts (401 and 403b) into my traditional IRA and immediately converted into my Roth IRA. AT TH...
by bruingent
Fri Oct 19, 2018 8:13 am
Forum: Personal Investments
Topic: Vanguard vs Charles Schwab ETFs
Replies: 13
Views: 2899

Re: Vanguard vs Charles Schwab ETFs

I see, thank you for the great advice. I have also done some research myself. I will stick with VTI, VXUS and BND for now.
I may change VNQ to SCHH.
by bruingent
Thu Oct 18, 2018 9:40 am
Forum: Personal Investments
Topic: Vanguard vs Charles Schwab ETFs
Replies: 13
Views: 2899

Vanguard vs Charles Schwab ETFs

I only use ETFs in my accounts.  I have done some research, and I noticed Charles Schwab ETFs tend to have lower expense ratio for equivalent ETFs.  I currently own VTI, VXUS, VNQ and BND.  Charles Schwab have equivalent ETFs which have much lower expense ratio.  Do you think the Vanguard ETFs are b...
by bruingent
Mon Oct 08, 2018 10:28 am
Forum: Personal Investments
Topic: 4 ETF porforlio
Replies: 4
Views: 589

Re: 4 ETF porforlio

I also have employee retirement accounts (457B, 403B, (soon 403 roth), 401), but I have other vanguard admiral shares in these accounts. I will use very similar strategy in distributing the assets. I just want a basic idea of how to distribute these into certain account.
by bruingent
Mon Oct 08, 2018 9:10 am
Forum: Personal Investments
Topic: 4 ETF porforlio
Replies: 4
Views: 589

4 ETF porforlio

Hi,

In my personal account, I have a roth IRA and a taxable account. I was wondering what is the best way to distribute these 4 ETFs (which one goes into roth vs taxable account). Will you please give me some advice?
These are my 4 ETFs:
1) VTI
2) VXUS
3) BND
4) VNQ
by bruingent
Wed Aug 15, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: My Own LLC
Replies: 5
Views: 891

Re: My Own LLC

Duckie, For my business, "You can. Whether it's worth it depends on how much you make at your side business." --> I don't make much, less than 10k a year Do you have an employer plan at your W-2 job? Do you contribute the $18.5K max? If so, that would scratch the SIMPLE IRA. -->I plan to c...
by bruingent
Wed Aug 15, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: My Own LLC
Replies: 5
Views: 891

My Own LLC

I'm a physician and employed by a hospital. In addition, I own my own business in which I sell random things on Ebay and provide some services. For me, the business is not that important, but what I wonder about is how I can use my business to contribute to my retirement? Will you please shed some l...
by bruingent
Wed Aug 15, 2018 6:12 pm
Forum: Personal Investments
Topic: Mega Back Door Roth IRA - possible or not?
Replies: 8
Views: 828

Re: Mega Back Door Roth IRA - possible or not?

Thank you, this helps a lot. "There is another thing called the "back door" that you can do - converting IRA to Roth IRA." Yes, but this is only $5500 per year, and I can do that through my individual plan which I will get it done next January. So it would be pretty sad if my emp...
by bruingent
Wed Aug 15, 2018 5:37 pm
Forum: Personal Investments
Topic: Mega Back Door Roth IRA - possible or not?
Replies: 8
Views: 828

Re: Mega Back Door Roth IRA - possible or not?

Thank you so much for your reply, I really appreciate it. -My individual roth contribution will be fine since I won't start working until October 1st, so I will be well below the limit. retiredjg "Your plan has to offer two things - the opportunity to make employee after tax contributions (this...