Search found 596 matches

by desiderium
Sun Mar 26, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Thinking about opening an account with Merrill Edge
Replies: 17
Views: 1400

Re: Thinking about opening an account with Merrill Edge

Merrill Edge is a good outfit. Customer service has been quick and efficient for me. Assuming you stick with ETFs you should have no fees. The rewards program with B of A adds ongoing value; essentially boosting your return, though credit card rewards are available elsewhere. The "premium"...
by desiderium
Fri Mar 24, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request
Replies: 1
Views: 174

Re: Portfolio Review Request

A couple of suggestions -Consolidate the accounts. It isnt that much work, just a few forms you can fill out in an hour. It will save you much more in tracking everything. -Don't try to replicate everything in each account (e.g. Roth accounts). Simplify to hold one fund in the smaller accounts and 1...
by desiderium
Fri Mar 24, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Pretirement
Replies: 18
Views: 1965

Re: Pretirement

By pretirment, I am a referring to a person partially exiting the workforce but not fully. They might pursue a lower paying job that brings more personal satisfaction, work fewer hours, or live in a locale that is more desirable but offers less wages. In other words, earn less money in the pursuit ...
by desiderium
Sat Mar 18, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: PI advice... international exposure, GVUL options, time for a professional?
Replies: 3
Views: 234

Re: PI advice... international exposure, GVUL options, time for a professional?

Jon, No need to replicate your asset allocation in each of the accounts. Think of it as one big account. You could simplify to hold one fund in the smaller accounts and 2 or 3 in the larger accounts. Bonds in the tax-deferred accounts, where lower growth will lead to lower RMD's down the line, highe...
by desiderium
Thu Mar 16, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Needs a Plan
Replies: 17
Views: 873

Re: Newbie Needs a Plan

This is impressive. Congratulations on your upcoming marriage You are on track, so no hurry in implementing a plan. Regarding the cash, only invest what you are sure you are not going to need in at least 5 years. I would suggest waiting until after the wedding and house purchase. If you liquidate t...
by desiderium
Thu Mar 16, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: conflict of interest [CFA vs. fiduciary]
Replies: 27
Views: 1905

Re: conflict of interest [CFA vs. fiduciary]

I think there is a problem with the concepts of "fiduciary" on one hand and "conflict of interest" on the other. Ideally, a fiduciary has no conflict of interest, and I think this is perhaps something people assume and expect, and is a belief often encouraged even by advisors who...
by desiderium
Thu Mar 16, 2017 1:03 am
Forum: Investing - Help with Personal Investments
Topic: Newbie Needs a Plan
Replies: 17
Views: 873

Re: Newbie Needs a Plan

This is impressive. Congratulations on your upcoming marriage You are on track, so no hurry in implementing a plan. Regarding the cash, only invest what you are sure you are not going to need in at least 5 years. I would suggest waiting until after the wedding and house purchase. If you liquidate th...
by desiderium
Wed Mar 15, 2017 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Checkup
Replies: 16
Views: 2039

Re: Financial Checkup

My two cents: You are on track if you stick with your plan Pay of student loan now with cash. Don't underestimate the psychological benefit. Continue to max out tax-deferred space Regular ROTH contributions while you remain eligible. Rebuild EF After you do this, can begin contributing to a taxable ...
by desiderium
Wed Mar 15, 2017 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Retired - Portfolio Advice, Please!
Replies: 10
Views: 1312

Re: Recently Retired - Portfolio Advice, Please!

Jeff, Your situation looks ok, but it is kind of a mess. I don't think you can tell exactly what you are doing with all these accounts and funds. You have a good start with a three fund portfolio your Taxable account, so I would start by trying to implement this portfolio across your accounts. Here...
by desiderium
Wed Mar 15, 2017 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Question for Docs/Surgeons/ARNPs
Replies: 23
Views: 2802

Re: Question for Docs/Surgeons/ARNPs

Does the practice have a model for ARNP's? Sounds like they don't. Free call, like any uncompensated work is a major red flag. It can lead to abuse, particularly in a large, busy practice. MGMA is an organization that publishes salary surveys, but accessing the data and going through it is challengi...
by desiderium
Wed Mar 15, 2017 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Recently Retired - Portfolio Advice, Please!
Replies: 10
Views: 1312

Re: Recently Retired - Portfolio Advice, Please!

Jeff, Your situation looks ok, but it is kind of a mess. I don't think you can tell exactly what you are doing with all these accounts and funds. You have a good start with a three fund portfolio your Taxable account, so I would start by trying to implement this portfolio across your accounts. Here ...
by desiderium
Mon Mar 13, 2017 9:21 pm
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 5781

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

Got in just in time. Thanks to many for keeping the threads alive during this remarkably long run
by desiderium
Mon Mar 13, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 162
Views: 13623

Re: High End Wrist Watches (Gone Crazy)

corn18 wrote:I shrunk it considerably. Just lost interest in having a bunch of different watches.

Image


Corn18,

Can you give a short intro on how and where you buy and sell your watches?
by desiderium
Sun Mar 12, 2017 1:19 am
Forum: Investing - Help with Personal Investments
Topic: Please help me with my portfolio - from a naive doctor
Replies: 13
Views: 1549

Re: Please help me with my portfolio from a naive doctor

QUESTIONS: -Should I fire my financial planner at Morgan Stanley? It would be difficult to do this because he is my best friend’s husband. Why did I get myself into that mess!? Yes. This is about your family and your retirement, not your best friend or her husband. -If I do, how much would it cost ...
by desiderium
Sun Mar 12, 2017 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Updated portfolio review (2 years later)
Replies: 4
Views: 785

Re: Updated portfolio review (2 years later)

IMO target date funds make it more complicated to follow and rebalance your asset allocation when you are managing multiple accounts. Regarding your unwanted American Funds positions with capital gains, you can't transfer these to a 529, but consider transferring them to a donor advised fund, like F...
by desiderium
Sat Mar 11, 2017 12:54 am
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 95
Views: 6221

Re: cost of Solar Power

Perhaps the most relevant calculation is payback period. Clearly from the responses, there are a number of parameters, including system costs, production expectations, electricity costs and incentives. I investigated this for a number of years until the payback period came down to 4 years, which is ...
by desiderium
Fri Mar 10, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Help with my portfolio.
Replies: 2
Views: 267

Re: Help with my portfolio.

T So, my questions are: 1.) I'd like to have an 80/20 stock/bond allocation. What is the best way to achieve that given the investment options I have? I've been thinking about eliminating the small cap index from my 401k portfolio and divying that up between the aggregate bond and the large cap so ...
by desiderium
Fri Mar 10, 2017 1:24 am
Forum: Personal Finance (Not Investing)
Topic: rachio smart sprinkler controller
Replies: 6
Views: 467

Re: rachio smart sprinkler controller

I have one and I love it. Not sure if I've saved money. In the past I would turn it off some of the times when it would rain then forget to turn it back on, so was watering inappropriately and withholding water inappropriately. My yard looks great and it is easy to tweak. Seems like an optimal use o...
by desiderium
Mon Mar 06, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking advice for 457(b) Portfolio
Replies: 8
Views: 546

Re: Seeking advice for 457(b) Portfolio

When you have several accounts, target retirement funds make asset allocation more difficult to track. Think of everything as one portfolio, then put the investments into each account, so that the total investment in each fund meets your target. The smaller accounts will have only one fund, and the ...
by desiderium
Mon Mar 06, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 10
Views: 700

Re: Portfolio Advice

Here is another way to look at this. Your investments are spread across 7 accounts. When you have mixed investment funds within these accounts (target date, balanced funds etc) it can be difficult to track your asset allocation. A simpler way might be to think about all your accounts as one entity. ...
by desiderium
Mon Mar 06, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Sonos Wireless sound?
Replies: 19
Views: 1671

Re: Sonos Wireless sound?

We have had various Sonos components for several years, and love the sound and convenience. We recently added a Sonos Subwoofer in our living room. It is an absolutely remarkable addition. Small speakers simply can't deliver the low end like this. It works flawlessly and I would strongly recommend i...
by desiderium
Sun Mar 05, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Searched forum, unsuccessful, how to find doctors who take Medicare
Replies: 62
Views: 3048

Re: Searched forum, unsuccessful, how to find doctors who take Medicsre

The issue here is "payer mix" Most physicians and health care organizations indeed take medicare. But there is a significant gap between payments from medicare and private insurance for the same services. So for a given practice, the mix of government (medicare, medicaid, tricare) vs priva...
by desiderium
Tue Feb 28, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Alternatives to bond funds (or stick with bond funds)
Replies: 3
Views: 544

Re: Alternatives to bond funds (or stick with bond funds)

Check out the threads on Andrews Federal Credit Union. They are offering a 3% CD. It is a 7-year CD but has a 6 month, 1.5% early withdrawal penalty. So if interest rates rise in the future, you can consider rolling part or all of your balance to a higher yielding account, taking a limited hit on yo...
by desiderium
Sun Feb 26, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: A little guidance needed to get started
Replies: 8
Views: 707

Re: A little guidance needed to get started

Hey everyone, this is my first post. I just wanted to get some recommendations on where I should start putting my money now that I opened 2 roths and are maxed for the moments and we are going to be paying off our home shortly and after the transaction I was planning on taking around 1,000 a month ...
by desiderium
Sun Feb 26, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Newbie Portfolio questions
Replies: 5
Views: 487

Re: Newbie Portfolio questions

Nice work on saving. Since you are going a buy an apartment, build your savings in cash, using a high-yield online savings account. Sell the high ER funds and use index funds that match your allocation. The fees are parasitic Consider using your upcoming 401k for holding your bonds if there are good...
by desiderium
Sun Feb 26, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Donating Vanguard Admiral shares to Fidelity Charitable
Replies: 11
Views: 846

Re: Donating Vanguard Admiral shares to Fidelity Charitable

Thanks. I have donated ETFs and investor shares from Vanguard to Fidelity charitable multiple times. I wasn't planning to sell anything. My major question: Can fidelity charitable handle Vanguard admiral shares or do I have to convert them to ETF class first (tax-free conversion at Vanguard). The o...
by desiderium
Sat Feb 25, 2017 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Selling Individual Stocks With Capital Gains
Replies: 9
Views: 715

Re: Selling Individual Stocks With Capital Gains

If no losses now, you might have some with newer equity positions in the future, so you can consider harvesting both losses and some of the unwanted shares with gains together when it happens. If you give to charity, you could reduce your unwanted positions by donating some of the shares with long t...
by desiderium
Sat Feb 25, 2017 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Montreal x 8 hrs
Replies: 2
Views: 564

Re: Montreal x 8 hrs

Vieux Port district, lots of places to walk around, views of the river, places to hang out, etc.
by desiderium
Fri Feb 24, 2017 8:48 am
Forum: Investing - Theory, News & General
Topic: Peer-to-peer lending as an investment?
Replies: 35
Views: 2711

Re: Peer-to-peer lending as an investment?

Seems like loan sharking dressed up to make you feel good. I would feel dirty taking someone's money, and I would be upset if they defaulted. I will stick with VTI. P2P lending is to a large extent arbitrage, offering lower interest rates on unsecured consumer debt compared with banks. A big fracti...
by desiderium
Thu Feb 23, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: Passing along some Consumer Related Information
Replies: 1
Views: 669

Re: Passing along some Consumer Related Information

I've had remarkable success with Twitter for ATT, in contrast to call center, which was useless/hostile/telling untruths.
by desiderium
Tue Feb 21, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: home improvementl strategy
Replies: 19
Views: 2174

Re: home improvementl strategy

Shop for your HELOC. 4% seems high for a variable rate loan. Also look carefully at fees. Some HELOC loans have no fee. It is a separate loan, so it doesn't need to be at the same bank. If you do this, think about how soon you can pay it off. Then carefully examine the terms of the loan, i.e. how of...
by desiderium
Sun Feb 19, 2017 6:46 am
Forum: Personal Finance (Not Investing)
Topic: 1098-T & 529 question
Replies: 17
Views: 1372

Re: 1098-T & 529 question

Last year I received a letter from the IRS questioning a 529 disbursement used in 2014 to fund a scheme where I paid 3 years' tuition for my son up front. It did not show up on the 1098-T. At the time, I didn't even think about whether this was permissible. I sent a letter explaining the expense and...
by desiderium
Fri Feb 17, 2017 10:14 am
Forum: Personal Consumer Issues
Topic: Hydronic heating: radiant floor vs panels
Replies: 6
Views: 494

Re: Hydronic heating: radiant floor vs panels

I have radiant heat under wood floors. The home is amazingly comfortable. There are 2 layers of plywood "floating" over the radiant slab, which is the base for the hardwood. This was all designed in and as noted, is thick. Retrofit might be difficult to do. No problems with the wood after ...
by desiderium
Thu Feb 16, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: I may be a workaholic?
Replies: 24
Views: 2190

Re: I may be a workaholic?

My spouse works part time (teaching 1 block from home, 2 hours per day) and a primary reason is to keep balance in our marriage. I work about 20 hours per week at my business (5 minutes drive from home) and probably 30 hours per week at home doing consulting work. I am trying to figure out how to l...
by desiderium
Thu Feb 16, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Tax gain harvesting
Replies: 21
Views: 1700

Re: Tax gain harvesting

If anyone lives in Washington state and they're retired, I would love to know if the same situation applies there (might move there for a bit). It would be great if my impression is right, i.e., that Washington is an income tax free state and therefore does not tax any income including capital gain...
by desiderium
Thu Feb 16, 2017 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Physician contract restrictive covenant
Replies: 23
Views: 1716

Re: Physician contract restrictive covenant

I would try to negotiate a reasonable liquidated damages number for this. That is, based on actual losses to the practice if she set up shop nearby, not a punitive amount. The other idea is to have the covenant expire after she has contributed her pound of flesh to the practice, say 5 years. Get a ...
by desiderium
Wed Feb 15, 2017 1:18 am
Forum: Personal Finance (Not Investing)
Topic: Physician contract restrictive covenant
Replies: 23
Views: 1716

Re: Physician contract restrictive covenant

I would try to negotiate a reasonable liquidated damages number for this. That is, based on actual losses to the practice if she set up shop nearby, not a punitive amount. The other idea is to have the covenant expire after she has contributed her pound of flesh to the practice, say 5 years. Get a g...
by desiderium
Mon Feb 06, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Selection
Replies: 12
Views: 1226

Re: Bond Fund Selection

A bond fund having a higher Expense Ratio does not imply you will receive a higher total return. The assessment that I'll receive a higher return is based on the reports of the fund's returns and compared to my other options, not on an assumption. This was nicely demonstrated by one of the other re...
by desiderium
Sun Feb 05, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Paying off a rental property
Replies: 14
Views: 1639

Re: Paying off a rental property

Great feedback all - thanks. On the one hand: I'd like to keep things simple, take the $350k, pay off the rental mortgage, and see a doubling in the monthly CF. On the other hand: there is some benefit in taking the $350k, finding another property and hoping it works out as well as the first one (w...
by desiderium
Fri Feb 03, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Update on AQR fund access
Replies: 2
Views: 416

Re: Update on AQR fund access

AQR funds can be accessed through some fidelity employer retirement plans using brokeragelink. Not DFA or Stone Ridge that I can see. Some Bridgeway funds are available.
by desiderium
Fri Feb 03, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Andrews 3% CD or Total Bond Market?
Replies: 44
Views: 7754

Re: Andrews 3% CD or Total Bond Market?

So, as I slowly comprehend Kevin, it occurs to me that the concept of building a CD ladder is really not relevant using the Andrews FCU example. Given low EWP, one could structure their andrews investment into several certificates, and withdraw parts or all if rates were to rise. Correct. In a sens...
by desiderium
Fri Feb 03, 2017 12:44 pm
Forum: Investing - Theory, News & General
Topic: Best way to fund your Donor Advised Fund
Replies: 31
Views: 1921

Re: Best way to fund your Donor Advised Fund

Do you only donate appreciated shares if you were going to sell them anyway? If not, it seems (and I may be oversimplifying) that you're saving a little on taxes now in lieu of saving a lot on taxes later. -Steph You can always buy the securities back with money you set aside for the charity. You g...
by desiderium
Fri Feb 03, 2017 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Andrews 3% CD or Total Bond Market?
Replies: 44
Views: 7754

Re: Andrews 3% CD or Total Bond Market?

So, as I slowly comprehend Kevin, it occurs to me that the concept of building a CD ladder is really not relevant using the Andrews FCU example. Given low EWP, one could structure their andrews investment into several certificates, and withdraw parts or all if rates were to rise.
by desiderium
Fri Feb 03, 2017 12:49 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 4
Views: 476

Re: Portfolio Advice

First, paying off your mortgage is giving you a guaranteed 4% return, so nothing crazy about that. The main issue is whether you have enough liquidity (non-retirement investments) to tie up this money in home equity. One thing to consider is establishing a HELOC to access home equity in an emergency...
by desiderium
Sun Jan 22, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Spending, Saving, and Debt in 2017.
Replies: 8
Views: 1837

Re: Spending, Saving, and Debt in 2017.

Your interest burden is kinda sobering. 1. Have you looked into refinancing any of these loans? WCI has a lot of info on this 2. You can hold some of your emergency fund in a Roth, but I would keep the total cash to a comfortable minimum once you get settled and tackle the loans as best you can, sta...
by desiderium
Sun Jan 22, 2017 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: MD/PhD student seeking advice
Replies: 5
Views: 1221

Re: MD/PhD student seeking advice

You have a lot of upcoming expenses and expansion of obligations with a child. I don't see the point of tying things up in the 403b. The tax advantages are modest in your bracket, and you will have time to do this later when your income bumps after residency. You have a great defense built up with y...
by desiderium
Sun Jan 22, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Senior Unsecured Notes
Replies: 19
Views: 1200

Re: Senior Unsecured Notes

OP, you are a good friend
by desiderium
Fri Jan 20, 2017 6:45 am
Forum: Investing - Theory, News & General
Topic: Comparing EM value options [Emerging Market]
Replies: 35
Views: 3046

Re: Comparing EM value options [Emerging Market]

Does FNDE get you a factor load or a sector bet? 25% energy 18% financials This troubles me about factor based investing in general. The more screens one applies, the more tilted the portfolio becomes to certain sectors. While the fund may be loaded in value, the risk/return is influenced by events ...
by desiderium
Thu Jan 19, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 115
Views: 10909

Re: Why nobody understands importance of high-deductible insurance?

Every time an HDHP has been available to me or my wife, the Premium+Deductible for the HDHP has been lower than the Premium for the HMO/PPO/POS plan. Coverage once the deductible is met has been equivalent or better. Thus, if one puts the premium delta into an HSA or Health FSA, one pretty much alw...
by desiderium
Wed Jan 18, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Lost in Swamp in central Fl
Replies: 27
Views: 3265

Re: Lost in Swamp in central Fl

Given that you are starting with a windfall and don't want to pay "tuition" by making your own investing mistakes, I would consider Vanguard Peronal Advisory Service. The fees are low at 0.3% and they will recommend investments that are also low fee. You can drop them later if you become c...

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