Search found 1552 matches

by ram
Sun May 31, 2020 8:53 pm
Forum: Personal Investments
Topic: When is it enough/too much?
Replies: 46
Views: 4057

Re: When is it enough/too much?

1. I try and save 50% of every $ I make. I have a couple years at current run rate set aside in safe liquidity. It is probably worthwhile to say if that 50% is pretax or post tax. Ex: Income: ...........400K Tax: ...........120 K Post tax income : 280K. Saving 140 K and spending 140 K is reasonable...
by ram
Sun May 31, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: 50% pay cut: moving advice
Replies: 66
Views: 4221

Re: 50% pay cut: moving advice

I would sell. Option C) could be rent for 1 year. Then rent month by month till spring of next year. Sell in spring (about 18 mo after moving). By then: - You know you love your new job or you are back. -You have had ample time to scout your new location. - Covid is hopefully over. Only after sellin...
by ram
Sun May 31, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Simple jobs during FATFire?
Replies: 151
Views: 9462

Re: Simple jobs during FATFire?

My employer subsidizes my health insurance to the extent of 16000/year. For somebody who wants to work 20 hrs/year x 44 weeks = 880 hours/ yr. 16000/ 880 = $18/hour in health insurance cost. The employee will need to have some significant qualifications which the employer desperately needs to justif...
by ram
Sat May 30, 2020 10:29 pm
Forum: Personal Consumer Issues
Topic: Fold Flat Seats in a 2019/2020 car
Replies: 35
Views: 1916

Re: Fold Flat Seats in a 2019/2020 car

Honda odyssey I realize I will have to compromise and not all 13 cars I listed below will achieve all eight factors below but the best combination of the following: 1. some ground clearance to get to trailheads with washboard roads in CO : Maybe. Certainly not ideal 2. decent gas mileage - high 20s...
by ram
Sat May 30, 2020 10:15 pm
Forum: Forum Issues and Administration
Topic: What does OP stand for?
Replies: 12
Views: 1541

Re: What does OP stand for?

In my working lifetime (now 83) if I would use an acronym I would write out the words the first time being used and follow those words by the acronym in parenthesis. Thereafter I would only use the acronym. For example: total stock market (TSM) or Vanguard (VG). :idea: On this site when discussing ...
by ram
Sat May 30, 2020 4:22 pm
Forum: Personal Consumer Issues
Topic: How to get back fees paid to telemedicine provider?
Replies: 28
Views: 1650

Re: How to get back fees paid to telemedicine provider?

I am a physician. My front office staff is not authorized to promise a patient what they ask for. I do not know about the policy of this telemedicine provider. In our clinic many patients come asking for prescription pain medications. The physician examines them and prescribes the "appropriate" medi...
by ram
Sat May 30, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: The risks of using account aggregators (how they access your accounts).
Replies: 31
Views: 2036

Re: The risks of using account aggregators (how they access your accounts).

I do not use any of these aggregators. But I do give turbotax the authority to pull my dividend and capital gains data from Vanguard and Fidelity accounts. Is this equally risky as what the aggregators do or less risky. If there is a significant risk I am open to doing this manually. It is only once...
by ram
Fri May 29, 2020 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or rent $2m house?
Replies: 52
Views: 3882

Re: Sell or rent $2m house?

Sell.
by ram
Fri May 29, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care
Replies: 86
Views: 9607

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

My business in rural midwest has recovered quite well. Pre Covid I was seeing 100 patients per week. At the nadir it was 10 patients /week. Now it is 90/week. My area has been only mildly affected and the best guess is that we will never get hit like the major cities. My employer has cut physician ...
by ram
Fri May 29, 2020 7:27 pm
Forum: Personal Investments
Topic: Overpay for the home we love?
Replies: 62
Views: 4644

Re: Overpay for the home we love?

Yes..
by ram
Thu May 28, 2020 10:33 pm
Forum: Personal Consumer Issues
Topic: Which type of RV to rent to drive up the California coast?
Replies: 6
Views: 729

Re: Which type of RV to rent to drive up the California coast?

https://mercedessprinterrvrentals.com/

I was thinking of this for this summer, but will delay it by a year.
Please let us know what you did and your experience after the vacation.
by ram
Thu May 28, 2020 10:14 pm
Forum: Personal Investments
Topic: Have you been following your IPS?
Replies: 42
Views: 1844

Re: Have you been following your IPS?

In 2008 I had my IPS in my head but not written down. The IPS included 'be greedy when others are scared' and it worked well at that time. Later when I wrote down the IPS I put numbers on that concept. My IPS said that I could increase stock allocation by 5%age points during a >20% stock market decl...
by ram
Thu May 28, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care
Replies: 86
Views: 9607

Re: 40m Unemployment Claims - I Don’t Understand Why Markets Seem To Not Care

My business in rural midwest has recovered quite well. Pre Covid I was seeing 100 patients per week. At the nadir it was 10 patients /week. Now it is 90/week. My area has been only mildly affected and the best guess is that we will never get hit like the major cities. My employer has cut physician s...
by ram
Tue May 26, 2020 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Amica Dividend - what's the catch?
Replies: 6
Views: 821

Re: Amica Dividend - what's the catch?

You put the extra money at risk. Over 15+ years I have won. Past benefits do not guarantee future ones.
by ram
Sun May 24, 2020 1:17 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 81
Views: 3462

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

OP here. first, I want to sincerely thank EVERYONE who has commented on this forum and took the time to answer my question. I don't usually post on forums (I just created this account 1 hour ago.) I read all your comments and they are all very helpful. I want to provide a little more background as ...
by ram
Sun May 24, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Worried about sibling financial future
Replies: 31
Views: 3958

Re: Worried about sibling financial future

If ones hangs around on this board long enough your baseline shifts. We have many threads here where a million does not seem enough to retire on. I live and work in a rural agricultural midwest community and have many patients who have little money but seem content. If they have worked 35 years they...
by ram
Sun May 24, 2020 11:42 am
Forum: Personal Investments
Topic: Does larger portfolio make one more or less risk tolerant
Replies: 25
Views: 1968

Re: Does larger portfolio make one more or less risk tolerant

If I got to the point where I felt like I could fully cover my future expenses comfortably, I'd absolutely put additional funds into higher risk, higher return assets. Some have advocated doing so for charity or future generations, which are good reasons. But my reason is simply: why not? If I've g...
by ram
Sun May 24, 2020 11:21 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2757

Re: Businesses that are permanently destroyed due to COVID

I saw an article that mentioned many local theater companies that put on plays will not survive. Movie theaters were also struggling so there may be fewer of them. It probably just wishful thinking but I would be happy to see the new car dealership with salespeople business model go away if people ...
by ram
Sat May 23, 2020 3:46 pm
Forum: Investing - Theory, News & General
Topic: TIAA warns on negative yields on money market funds
Replies: 71
Views: 4806

Re: TIAA warns on negative yields on money market funds

IF I hold 300K in MM accounts and if it pays -1% = -3000/year, then can I use it to offset $3000 of earned income for income tax purposes?
by ram
Fri May 22, 2020 10:28 pm
Forum: Personal Investments
Topic: Should We Our Shorten Bond Duration?
Replies: 43
Views: 2552

Re: Should We Our Shorten Bond Duration?

I have yet to truly research the subject enough to know where I'll be in retirement with fixed income, but a few general idea that might help you... I do not dislike the bonds should be safe thus use safe (short and/or govt) bonds idea. Especially if we're just going to use one type of fixed income...
by ram
Fri May 22, 2020 8:00 pm
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 55
Views: 4088

Re: what to do about 1000s of dandelions/weeds?

user5027 wrote:
Thu May 21, 2020 6:38 am
Similar to what I have...
https://www.amazon.com/Fiskars-Deluxe-S ... B0030MIHAU

Get them before they go to seed.
I am planning to buy this Fiskars. Do you like yours?
by ram
Fri May 22, 2020 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 367
Views: 28666

Re: The axe falls and I am prepared. What's next?

Our healthcare group has multiple hospitals, some acquired recently. Some of these hospitals use old technology. It has been announced that all hospitals will be on brand new technology from 2023. In the meanwhile we have retained some wise old men to keep the old technology functioning. The young h...
by ram
Tue May 19, 2020 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: How are we doing, should we change our direction?
Replies: 12
Views: 1042

Re: How are we doing, should we change our direction?

Overall you are doing very well.
If having a mortgage is keeping you up at night then paying it off at the cost of other investments is an acceptable way.
by ram
Sun May 17, 2020 3:37 pm
Forum: Personal Consumer Issues
Topic: June vacation
Replies: 21
Views: 2292

Re: June vacation

I live near the border. Some of my patients regularly cross the border to get their prescriptions. They have been unable to do so lately.
by ram
Sun May 17, 2020 1:18 pm
Forum: Personal Investments
Topic: Portfolio Review and Retirement Planning - Next 16 Years
Replies: 12
Views: 1161

Re: Portfolio Review and Retirement Planning - Next 16 Years

If your total portfolio is 2 million, then there is 100K worth of S&P500 index in your wife's 401K and 40K of munis in your taxable. Why not sell 40 K of the S&P and buy treasurys (or other bonds).

Then swap the munis for S&P index in taxable.

Overall looks like a very good plan.
by ram
Sun May 17, 2020 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Need help from NYC Real Estate Experts!!!
Replies: 35
Views: 2906

Re: Need help from NYC Real Estate Experts!!!

Whether this is a non terrible idea really depends on how much you have in the bank. 1 million or 10 or 100.
Or at least how much you make.
One house and one spouse is a commonly espoused belief on this board.
by ram
Sun May 17, 2020 11:52 am
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging during volatile markets
Replies: 12
Views: 1426

Re: Dollar Cost Averaging during volatile markets

It wont matter much.
It will matter a little bit.
It is up to you to decide if that little bit is worth the extra effort.
by ram
Sun May 17, 2020 11:42 am
Forum: Personal Consumer Issues
Topic: Dual citizen, USA passport expiring, how to travel internationally
Replies: 72
Views: 3987

Re: Dual citizen, USA passport expiring, how to travel internationally

It may not help but I will at least keep the expired passport with me when trying to reenter.
by ram
Sat May 16, 2020 6:53 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 17958

Re: Rekenthaler: Long Bonds Are for Fools

Maybe in isolation LT bonds are questionnable but held alongside stocks they'll likely provide rebalancing ammunition when it's most needed. I agree that "any" bond will be useful to rebalance a stock portfolio. How are LT bonds better than ST bonds for this job? They are better because they have m...
by ram
Sat May 16, 2020 6:36 pm
Forum: Investing - Theory, News & General
Topic: Healthcare post COVID-19
Replies: 62
Views: 5890

Re: Healthcare post COVID-19

A question would be how this will affect future employment opportunities. Will many people leave healthcare due to their experiences? Does it identify shortages or excesses in certain areas? Are insurance companies losing money and if so will it triggers higher payments, lower payments to doctors? ...
by ram
Sat May 16, 2020 6:27 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 17958

Re: Rekenthaler: Long Bonds Are for Fools

Maybe in isolation LT bonds are questionnable but held alongside stocks they'll likely provide rebalancing ammunition when it's most needed. I agree that "any" bond will be useful to rebalance a stock portfolio. How are LT bonds better than ST bonds for this job? Ex: If there is significant inflati...
by ram
Thu May 14, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: Healthcare post COVID-19
Replies: 62
Views: 5890

Re: Healthcare post COVID-19

The ability of the televideo/ telephone visit volumes to persist post COVID will depend on the willingness of the patient (his/her insurance) to pay for it.

If people like it then they will need to push their insurer to pay for it.
by ram
Thu May 14, 2020 10:36 am
Forum: Personal Consumer Issues
Topic: Dental estimate for a gold crown
Replies: 28
Views: 1974

Re: Dental estimate for a gold crown

https://www.ncbi.nlm.nih.gov/pubmed/18976267 After an observation period of 6, 12 and 24 months, the prospective survival rates (Kaplan-Meier) for the KaVo Everest HPC crowns were 97.9%, 95.1% and 89.8% and for the gold crowns 100%, 94.8% and 92.7%, respectively. There were no significant differenc...
by ram
Wed May 13, 2020 5:18 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10813

Re: Dentist charges $10 for PPE

I did not read all answers. But I do pay a 9/11 fee every time I travel by air. I was not paying it till 2000
by ram
Tue May 12, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Used Car for Son
Replies: 20
Views: 1234

Re: Buying Used Car for Son

One is a 2014 with 93,000 miles. The other is a 2016 with 116,000 miles. Both have electronic stability control. Should we prefer the older one with less miles or the younger one with more miles? How does one look at this? If my plan is to drive 12K miles/yr for 4 years I will get the 93000 mile ca...
by ram
Tue May 12, 2020 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6501

Re: Broke mother-in-law retiring due to COVID-19

Post COVID life is risky.
This risk needs to be compared to the risk of "not working"
by ram
Sun May 10, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 15
Views: 1674

Re: How much house can we afford?

Max House price = 1.2 million.

Lower of :
400K/yr income x 3
and 250K down payment x 5
by ram
Sat May 09, 2020 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 9755

Re: $2 million dollar house pre requisites

Minimum requirements:
400K for down payment.
Stable >500K/yr income. (>600K preferable)
by ram
Sat May 09, 2020 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Any mental health pros giving up their offices?
Replies: 2
Views: 807

Re: Any mental health pros giving up their offices?

The main determinant will be the willingness or otherwise of insurers to pay a satisfactory rate for televideo or telephone care post COVID.
by ram
Sat May 09, 2020 1:17 pm
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5329

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

When I was doing residency one of my co residents had previously worked as a "chief nurse" for an elderly rich person. My coworker was a licensed physician in an eastern European country but had no medical licence in the United states. He came as a caregiver for this elderly rich gentleman. The pati...
by ram
Thu May 07, 2020 6:35 pm
Forum: Personal Consumer Issues
Topic: Does keeping ice packs in fridge save energy?
Replies: 27
Views: 2700

Re: Does keeping ice packs in fridge save energy?

I keep 2 gallon of water in my deep freezer, not to save energy but to extend the freezer effect if I lose electricity for a few hours.
by ram
Mon May 04, 2020 8:35 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (April 2020)
Replies: 4
Views: 827

Re: madsinger monthly report (April 2020)

Thanks.
Looking forward to 1 more month like this. :)
by ram
Mon May 04, 2020 8:18 pm
Forum: Personal Consumer Issues
Topic: Steel-framed Residential Entry Doors
Replies: 34
Views: 2383

Re: Steel-framed Residential Entry Doors

Is there a difference between a steel-frame door and a steel door? This is an honest question, not sarcasm. My house has a front door which I believe is steel clad. Meaning there is a sheet of steel perhaps about 1.5 mm thick on two sides with an insulator such as wood with a thickness of 25 mm ( 1...
by ram
Sun May 03, 2020 12:49 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16088

Re: American exceptionalism

Why stop at American exceptionalism. Why not look at Californian exceptionalism (and Silicon valley exceptionalism). If California based companies do much better than US ex California then should we only invest in California based companies.

I will continue to invest in Intt.
by ram
Thu Apr 30, 2020 8:23 pm
Forum: Personal Investments
Topic: Wife is CRNA - 12% pay cut from annual base over next 4 months - Eligible for partial unemployment?
Replies: 10
Views: 1252

Re: Wife is CRNA - 12% pay cut from annual base over next 4 months - Eligible for partial unemployment?

I do not know the answer, but: My healthcare company sent out an Email. This was for hourly workers. Many are currently furloughed. Those working are paid the standard rate. This email clarified the rules of applying for unemployment and encouraged the workers to apply. There was another Email. This...
by ram
Thu Apr 30, 2020 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: College partial refunds and 529s
Replies: 25
Views: 2226

Re: College partial refunds and 529s

I believe you have 2 options, both of which are totally valid: 2) As you mention, just use it for the fall. 529 withdrawals can be made at any point of the year for that year. So, you could take out money Jan 1 and use that money to pay a bill in Sept. I have done this many times in the past withou...
by ram
Mon Apr 27, 2020 8:48 pm
Forum: Personal Investments
Topic: New retiree - 1st withdraw - scary!!
Replies: 10
Views: 1565

Re: New retiree - 1st withdraw - scary!!

If I were in your shoes I would sell bonds till they were all gone or till such time that stocks reached a new all time high.
by ram
Sun Apr 26, 2020 7:30 pm
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19854

Re: Why am I even saving for retirement?

Will SS benefits cover all of your spending in retirement? I thought that you lived in a HCOL area. Would SS benefits still cover all of your spending in retirement if they were reduced by ~20% from 2035 forward, the SSA's most recent estimate? $94k (most of which is untaxed) with COLA should be go...
by ram
Thu Apr 23, 2020 6:37 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 72504

Re: Bogleheads community discussion - Coronavirus

I would hope the remaining 80% has acquired masks (to decrease risk of inhalation of high viral loads) You are not the only colleague who has been repeating the mantra "high viral load". I have been searching in vain for studies other than analogies to known diseases in which this occurs, (influenz...