Search found 749 matches

by desiderium
Fri Jan 11, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Help me evaluate Job offer (Physician)
Replies: 13
Views: 1963

Re: Help me evaluate Job offer (Physician)

Darkhorse, I would read the current contract carefully for what your coverage obligations are. Does it say you have to take call 2 weekends a month? Does it say you have to give up your vacation or take calls/work when you are away? My reading of your post indicates a salary at 75 percentile and pro...
by desiderium
Sat Jan 05, 2019 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Delaying retirement just to help adult children
Replies: 66
Views: 6124

Re: Delaying retirement just to help adult children

Agree this is a parental head trip But parents are hard wired to worry about their kids, and it doesn't just end when they reach adulthood. We raised our kids to be very independent and self sufficient. We also paid for undergrad education so starting with no debt. Still, two are still on my health ...
by desiderium
Sat Jan 05, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: Leasing a car
Replies: 27
Views: 2681

Re: Leasing a car

The formula is not all that complicated and to analyze a deal you need to know a few basic numbers. You are essentially purchasing the depreciation over the life of the lease using borrowed money. So the purchase price and residual value are the most important. Of these, the residual value is more o...
by desiderium
Sat Jan 05, 2019 1:18 am
Forum: Investing - Help with Personal Investments
Topic: BAM Advisor: Advice on alt funds and allocations
Replies: 54
Views: 2595

Re: BAM Advisor: Advice on alt funds and allocations

Thanks for all of the replies. Very interesting perspectives but I should have known that there would obviously be a strong DIY and DYA (dump your advisor) bias here on BH. What I was hoping for was educated opinions about the use of alt funds, Larry's recommendations, and BAM in general for someon...
by desiderium
Thu Jan 03, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: HCOL Real Estate as Retirement? Bay Area
Replies: 44
Views: 2590

Re: HCOL Real Estate as Retirement? Bay Area

We did this in a HCOL coastal area, though involuntarily We finished building a home after the financial crisis and it was an inauspicious time to sell our previous home After renting it for several years we sold it and did well with price appreciation and a better market. We also learned the lesson...
by desiderium
Tue Jan 01, 2019 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie - Portfolio Review & Advice Requested
Replies: 8
Views: 474

Re: Newbie - Portfolio Review & Advice Requested

Thank you very much for your comments desiderium and retiredjg!!!! Regarding the cash allocation: since it is increasingly looking unlikely I will buy a house in the next 3-5 years, do you suggest moving that money (about 500k) to a treasury or CD ladder instead of the Synchrony and CapOne online a...
by desiderium
Mon Dec 31, 2018 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: New HSA - Advice with Aggressive Allocation
Replies: 7
Views: 468

Re: New HSA - Advice with Aggressive Allocation

You are thinking about this in isolation. The HSA is only one relatively small part of the picture. What is your overall investment plan/asset allocation? Once you have this, you can look at your various accounts and decide where to put things. Your are right on IMO that given your horizon putting a...
by desiderium
Mon Dec 31, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Newbie - Portfolio Review & Advice Requested
Replies: 8
Views: 474

Re: Newbie - Portfolio Review & Advice Requested

Not much improvement to be had Your setup appears well suited to your goals You could gradually move your international allocation to taxable by directing your savings to VTIAX and rebalancing in your other accounts. That way take advantage of foreign tax credit. You might tinker with your "cash" al...
by desiderium
Mon Dec 31, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Family Charitable Fund - Experiences and Best Practices?
Replies: 12
Views: 703

Re: Family Charitable Fund - Experiences and Best Practices?

This is brilliant, Your parents are setting up a social experiment and challenge for the family, to come together as a group and really think about how problems in the world can be addressed. What a legacy. In terms of governance, I would try to capture this aspect as a mission statement for the gro...
by desiderium
Sat Dec 29, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions sought $3.5 M Net Worth
Replies: 76
Views: 8881

Re: Opinions sought $3.5 M Net Worth

Acknowledging some projection, you sound a lot like me Go part time now, there is no real financial risk to doing so Given your NW, future savings have limited impact on your finances It is more a question of portfolio returns and withdrawals Since you can easily make your expenses working part time...
by desiderium
Fri Dec 28, 2018 8:49 pm
Forum: Personal Consumer Issues
Topic: Do Hertz/Avis really cost double Enterprise?
Replies: 58
Views: 3266

Re: Do Hertz/Avis really cost double Enterprise?

In my experience it is worthwhile to join the loyalty program. The rental care offices are often poorly staffed and the employees are not paid well. In some cases they are not trained or supervised well, and often enough there are inexperienced customers having one difficulty or another with the co...
by desiderium
Fri Dec 28, 2018 8:45 pm
Forum: Personal Consumer Issues
Topic: Do Hertz/Avis really cost double Enterprise?
Replies: 58
Views: 3266

Re: Do Hertz/Avis really cost double Enterprise?

In my experience it is worthwhile to join the loyalty program. The rental care offices are often poorly staffed and the employees are not paid well. In some cases they are not trained or supervised well, and often enough there are inexperienced customers having one difficulty or another with the co...
by desiderium
Fri Dec 28, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 6395

Re: Vanguard personal advisor service (PAS) for high net worth?

Cookie cutter allocations are available for free all over the place. If you are going to pay someone, they should understand your investments and your taxes and the total tax implications. Tax implications can be a big part of return in your investing. Paying someone who doesn't have that as part o...
by desiderium
Fri Dec 28, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Is deciding to pay medical expenses with HSA timing the market?
Replies: 4
Views: 443

Re: Is deciding to pay medical expenses with HSA timing the market?

It is a matter of settling on your investment strategy. Is HSA a part of yours? If so, use HSA space to keep the tax-deductible contribution growing tax-free. Perhaps at least as as important is tax management in retirement. HSA is a good opportunity to have tax-free income when needed. If you don't...
by desiderium
Fri Dec 28, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: Hassle Factor Changing Credit Cards
Replies: 23
Views: 1655

Re: Hassle Factor Changing Credit Cards

I have a hotel rewards card issued by Chase. I received an invitation in the mail to apply for a Citi Costco Visa card that has no annual fee and offers cash back. To further complicate things and what might reduce my leverage with the existing credit card company is that after reviewing my bill fr...
by desiderium
Fri Dec 28, 2018 7:40 am
Forum: Personal Consumer Issues
Topic: Do Hertz/Avis really cost double Enterprise?
Replies: 58
Views: 3266

Re: Do Hertz/Avis really cost double Enterprise?

In my experience it is worthwhile to join the loyalty program. The rental care offices are often poorly staffed and the employees are not paid well. In some cases they are not trained or supervised well, and often enough there are inexperienced customers having one difficulty or another with the con...
by desiderium
Mon Dec 24, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property as a means of wealth capture?
Replies: 20
Views: 2946

Re: Rental property as a means of wealth capture?

I am in your situation and I respectfully disagree with much of the sentiment here. While it is relevant to compare the financials with a market real estate rental, you are not doing this strictly to own an investment rental property. The mixture of family and finances is not always bad. My parents ...
by desiderium
Sun Dec 23, 2018 11:30 pm
Forum: Personal Consumer Issues
Topic: Home Heating Advice
Replies: 72
Views: 5684

Re: Home Heating Advice

First priority is air sealing, followed by insulation. If you do those right you'll need less heat and it will matter less what fuel you use. Air sealing in particular is matter of paying attention to detail. You want a builder who does it right as a matter of routine. And as a complement to air se...
by desiderium
Thu Dec 20, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Peer to Peer Lending/Investing
Replies: 17
Views: 1016

Re: Peer to Peer Lending/Investing

I opened a taxable account with LC back in 2014 with just $1k and have gotten 10% returns on that money, which I reinvested until last year. It's turned out to be a major tax headache, and I wouldn't invest another dime in P2P lending outside of a tax-advantaged account. I used Nickel Steamroller's...
by desiderium
Wed Dec 19, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Pay off auto loan?
Replies: 10
Views: 951

Re: Pay off auto loan?

I have about 2.3k a month after expenses and maxing IRA and 401k. My only debt currently is a 30k of auto loan debt at 3.79% over 49 months. I have about 15k in cash. The only big expense that I don't think I can cover with monthly cash flow would be a wedding in about 2 years that is probably gonn...
by desiderium
Tue Dec 18, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Vancouver BC/Vancouver Island Trip Summer 2019
Replies: 13
Views: 907

Re: Vancouver BC/Vancouver Island Trip Summer 2019

It would make a nice loop from Portland. Drive to Vancouver, but avoid commuting hours at all costs. Ferry from Horseshoe bay to Nanaimo, +/- Tofino depending on your interest in driving. Explore coastal communities on Vancouver island, or even cut over to Saltspring Island, then down to Victoria. C...
by desiderium
Mon Dec 10, 2018 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: New Retiree Investment Strategy
Replies: 21
Views: 2303

Re: New Retiree Investment Stratedgy

The data do not really support focusing specifically on dividends to produce income vs investing broadly and taking one's income from a combination of dividends and capital gains. The relatively narrow sector focus for your investments could win or lose relative to the total market in future years. ...
by desiderium
Sat Dec 08, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellesly Income
Replies: 45
Views: 5856

Re: Vanguard Wellesly Income

I would start with some tax planning, which can have a significant impact on your overall investment expenses. If your income is relatively low, you might want to keep stocks in taxable and take qualified dividends at a preferred (or zero) rate. Also consider Roth conversions before RMDs kick in. We...
by desiderium
Thu Dec 06, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14524

Re: Retirement itch- when did you get it?

As an MD, I think about early retirement (early-mid 50s) all the time. I worry that because it is all consuming and has been my life for years, that I’l feel empty or lack purpose if I just completely get out. But the stress, long hours, corporate bs, productivity quotas and liability will make lea...
by desiderium
Tue Dec 04, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: New Homeowner in Retirement/Travel Concerns
Replies: 16
Views: 2153

Re: New Homeowner in Retirement/Travel Concerns

If you can find a home that you will love, I would probably buy under these circumstances. Given your age, the concern about the house in winter will be there for many years, so unless you consider renting for the long term, you may just as well buy now. There are many ways to manage your concerns. ...
by desiderium
Sun Dec 02, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Price vs. Gross Income
Replies: 59
Views: 4409

Re: Home Purchase Price vs. Gross Income

I think the relevant metric is all in costs (mortgage, taxes, insurance, maintenance and repairs) vs net income.

The purchase price multiple will be highly dependent on interest rates and on close analysis of the particular property you are considering.
by desiderium
Sun Dec 02, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice
Replies: 9
Views: 1149

Re: Portfolio advice

The key advice about equity allocation is to base it on "need, ability, and willingness to take risks". Other posts focus on your age/ability to take risk and recover from losses. However, you need all 3 to be comfortable with your equity percentage. Another way of putting it, you need to be able to...
by desiderium
Fri Nov 30, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting LT/ST
Replies: 10
Views: 789

Re: Tax loss harvesting LT/ST

lostcat wrote:
Thu Nov 29, 2018 3:27 pm
this is great. So in order to take TLH, I don't have to sell anything for capital gains, but just sell the losing stocks and immeidately buy different individual stocks, correct?
You don't need to buy anything to take advantage of TLH
by desiderium
Wed Nov 28, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 30
Views: 2077

Re: Credit Card Question

I have several cards that I never charge and over the years a number of dormant cards. I have never received any negative feedback about this. Of course, I wouldn't be paying an annual fee for something I didn't use.
by desiderium
Mon Nov 26, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead with Portfolio Questions...
Replies: 4
Views: 669

Re: New Boglehead with Portfolio Questions...

Desiderium, Thank you for your recommended strategy. It aligns with what Schwab has advised as part of the transfer of our investment portfolio. We do give to charity, though have maxed out for 2018. Will need to review impact of tax law changes. As you mention, the tax deferred accounts are easy a...
by desiderium
Mon Nov 26, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: What to track/manage: Spending vs Saving
Replies: 10
Views: 1037

Re: What to track/manage: Spending vs Saving

I've been diligently tracking our expenses this year for the first time, and did a thorough update today, and found myself asking an interesting question: Should my goals be to stay under our pre-decided budget or should I just focus on saving goals and not worry about what I spend beyond that. GOO...
by desiderium
Sun Nov 25, 2018 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request
Replies: 16
Views: 1590

Re: Portfolio Review Request

desiderium & Misenplace, Looking back, I think I was trying to match my target allocation in the 401k's since they are getting regular contributions. In hindsight, I suppose it would be simpler to handle that with rebalancing every 6 months or so. Is that they way you guys handle it? The allocation...
by desiderium
Sun Nov 25, 2018 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead with Portfolio Questions...
Replies: 4
Views: 669

Re: New Boglehead with Portfolio Questions...

The tax implications likely outweigh the finer points of asset allocation or index fund selection, so going slow makes sense For the tax deferred accounts, you can sell everything and buy what you need in index funds. You just need to have a plan for your taxable account so you can figure your asset...
by desiderium
Sun Nov 25, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request
Replies: 16
Views: 1590

Re: Portfolio Review Request

Thanks for taking a look. There are definitely some repeat funds, it was just a matter of trying to get my target allocation across all of the accounts. Thanks again. You don't need to achieve your AA in each account. It is unnecessary and creates additional work to maintain. Aside from the 529, co...
by desiderium
Sun Nov 25, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: What should I do with my Roth 401k
Replies: 2
Views: 385

Re: What should I do with my Roth 401k

Hello, I'm 29 and currently have a Roth 401k at my current employer. It has around 12k in it (feel behind). The funds aren't very good nearly all with +1% expense ratios. I will finish my degree next summer and was wondering what I should do with it. My company match is 25% until 4%. I m currently ...
by desiderium
Wed Nov 21, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 for Mac
Replies: 13
Views: 1444

Re: Quicken 2019 for Mac

Along those lines, anyone using Banktivity 7? Worth paying the monthly fee for its direct download service? I use Banktivity, though havent upgraded to the 7 version. I have used them for 5 or 6 years and have been quite satisfied. I do use the download service, which is worthwhile to me. I have no...
by desiderium
Mon Nov 19, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell some rental properties?
Replies: 4
Views: 682

Re: Should I sell some rental properties?

You may benefit from clarifying your role: -are you primarily in the landlord business? If so, are you concerned that leverage/cashflow and viability of your business will reach a crisis? If so, you might need to consider raising some cash. -are you a property trader? If so, it seems the potential o...
by desiderium
Wed Nov 07, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: DAF - Vanguard or Fidelity? (donor advised fund)
Replies: 26
Views: 1723

Re: DAF - Vanguard or Fidelity? (donor advised fund)

Both, despite the redundancy it seems easier VG DAF is easy to fund from VG, only a few clicks. OTOH, funding Fidelity DAF from VG takes more time and forms. I placed 5 years' worth of giving into my VG DAF in 2017 ahead of the new tax law. Fidelity DAF charges a fee annually, so I use for smaller c...
by desiderium
Sun Nov 04, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Time to splurge. MB E class, BMW 5 or Audi 6?
Replies: 70
Views: 6103

Re: Time to splurge. MB E class, BMW 5 or Audi 6?

Having driven an E class for a number of years, I now drive a 3- series. The MB was a big heavy slug by comparison. Be sure you are going to be happy with the bigger cars. Ride etc smoother but not so much fun to drive I think. Had a great time at the Welt during a trip to Munich and would consider ...
by desiderium
Sun Nov 04, 2018 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Another TLH excecution question
Replies: 6
Views: 623

Re: Another TLH excecution question

What is your tax filing hassle? Your VG brokerage statement gives you the dividends received and classifies it as qualifying or ordinary. If you have capital gains, it will list all the sales and gains received, same for losses. If you use tax filing software, many can import the data directly so no...
by desiderium
Sat Nov 03, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 51
Views: 2444

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

Online we pay for the NY Times and the Washington Post. We pay for print subscriptions to the Economist and a rotating smattering of other sources. I strongly disagree with some of the others in the thread who object to paying for news services. You get what you pay for. And if you're not paying fo...
by desiderium
Fri Nov 02, 2018 8:16 am
Forum: Investing - Theory, News & General
Topic: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?
Replies: 40
Views: 2140

Re: Apple's share plummeting: should we 'kick out the largest stock' as Rob Arnott suggests?

Most individual stocks will underperform the average Therefore, any scheme that identifies a stock to throw out of the average will make some sense and is likely work more often than not. The problem is that returns are driven by the minority of positions that outperform. Identifying these in advanc...
by desiderium
Sun Oct 28, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 14
Views: 1409

Re: Portfolio Advice

Your assets are way to complex and duplicative.
Treat your accounts as one portfolio
For the smaller accounts, choose only one fund
Generally higher growth assets (stocks) in the Roths
Since most of your assets are in retirement accounts, you can simply change your asset allocation
by desiderium
Sat Oct 27, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: "consultation fee": standard for preventative colonoscopy?
Replies: 81
Views: 5710

Re: "consultation fee": standard for preventative colonoscopy?

I can't speak to the financial aspects or insurance, but some are questioning this practice and it's not necessarily black and white. For example, the GI doc may want to evaluate you himself to see if you even need a colonoscopy, potentially saving you or the system from unnecessary cost or care. T...
by desiderium
Sat Oct 27, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: "consultation fee": standard for preventative colonoscopy?
Replies: 81
Views: 5710

Re: "consultation fee": standard for preventative colonoscopy?

You can die from a colonoscopy. The sedation can make you forget to breathe or stress your heart; you can bleed after a biopsy or succumb after a perforation of the colon. It is possible to identify people at higher risk for these complications and either mitigate the risk or perhaps decide that the...
by desiderium
Wed Oct 24, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: TLH - VTIAX to VFWAX
Replies: 10
Views: 962

Re: TLH - VTIAX to VFWAX

I am considering moving from VTIAX to VFWAX for TLH. I have about 7k in loss. - Is this reasonable for tax purposes given the wash sale rules? ---Yes - VFWAX has significantly less number of stocks, so it seems I am taking a risk in going to less diversified fund. Although I know both generally tra...
by desiderium
Sun Oct 21, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 30766

Re: High End Wrist Watches (Gone Crazy)

I visited a local watch seller at my local mall, and checked out a few watches from Rolex and Breitling. As someone who is learning about high end mechanical watches, I would say they were a disappointment. Sure they were nice, almost too shiny and blingy, but the casebacks were solid metal, so you...
by desiderium
Fri Oct 19, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Bankivity 7: New user questions
Replies: 1
Views: 235

Re: Bankivity 7: New user questions

Have used Banktivity (previously iBank) for ~5 years now and overall satisfied. Occasional glitches promptly addressed by their customer service. The automatic download function is a separate subscription, ~$60/year I believe. For me it has been worthwhile. I use it for my spending--bank and credit ...
by desiderium
Fri Oct 19, 2018 12:59 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 44
Views: 4038

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

To be fair, it’s not as if bond yields have no natural level. But the natural level is I think roughly related to gdp growth. Ie I think long term real rates might be some function of long term real gdp growth. And I don’t think that level is lower than it used to be. I respectfully disagree. Aging...
by desiderium
Fri Oct 19, 2018 12:50 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 30766

Re: IWC Watch, any thoughts?

What does spending more on a watch get you? High quality materials, such as precious metals. Higher durability. Higher level of precision of the time-keeping mechanism. (Though this only applies to mechanical watches, since the highest precision is actually found in Quartz watches, which are dirt c...