Search found 1723 matches

by JonnyDVM
Tue Oct 15, 2019 9:20 pm
Forum: Personal Consumer Issues
Topic: Replace water heater just because it's old?
Replies: 73
Views: 5935

Re: Replace water heater just because it's old?

Every plumber that looked told us to get tankless. I was skeptical but it seems to be working well so far. The cost was was right about 5k. What's the ROI on that vs. a couple hundred bucks from Lowe's? Traditional water heaters are incredibly easy to install/replace yourself, too. Also, per JonnyD...
by JonnyDVM
Sat Oct 12, 2019 8:53 pm
Forum: Investing - Theory, News & General
Topic: Anyone buying PG&E stock?
Replies: 60
Views: 5226

Re: Anyone buying PG&E stock?

This question keeps coming up. No. Hard pass.
by JonnyDVM
Sat Oct 12, 2019 8:49 pm
Forum: Personal Consumer Issues
Topic: Replace water heater just because it's old?
Replies: 73
Views: 5935

Re: Replace water heater just because it's old?

We just replaced our two 11 year old tanks last week. They worked but the water was becoming quite brown. The plumber advised not flushing them due to the likelihood of cracking. We have a finished basement. The risk of a leak and the benefit of not bathing in rust seemed to outweigh the gains of wa...
by JonnyDVM
Sat Sep 28, 2019 10:06 pm
Forum: Investing - Theory, News & General
Topic: How much cash do you keep in your HSA?
Replies: 63
Views: 4803

Re: How much cash do you keep in your HSA?

$1000. We use it to pay for expenses. I’m not into stashing receipts for decades. You don't have to. Scan them and save them on the cloud and a flash drive. Never saw the need to stash receipts. I suspect we will have plenty of healthcare expenses later in life use it up. 100% invested for now. I r...
by JonnyDVM
Sat Sep 28, 2019 9:10 pm
Forum: Investing - Theory, News & General
Topic: How much cash do you keep in your HSA?
Replies: 63
Views: 4803

Re: How much cash do you keep in your HSA?

$1000. We use it to pay for expenses. I’m not into stashing receipts for decades.
by JonnyDVM
Wed Aug 21, 2019 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Young Professionals ... Pay Student Loan or ???
Replies: 10
Views: 1017

Re: Young Professionals ... Pay Student Loan or ???

Post is vague with loan amounts, salary amounts, and interest rates. Generally I would recommend maximizing the 401k and then aggressively paying down the loans with the rest of disposable income until they are gone. The main thing is using extra income to pay off loans and not living the high life ...
by JonnyDVM
Sun Aug 11, 2019 8:49 pm
Forum: Personal Investments
Topic: Student loan debt vs. VTSAX
Replies: 36
Views: 2640

Re: Student loan debt vs. VTSAX

Why don't you a refinance the student loan into a lower rate. I've considered refinancing, but these are all federal loans I obtained before marriage. If I refinance post-marriage, my wife would be responsible for paying off the loan, if anything happened to me (not to get morbid here). I'd rather ...
by JonnyDVM
Sun Aug 11, 2019 7:17 am
Forum: Personal Investments
Topic: Student loan debt vs. VTSAX
Replies: 36
Views: 2640

Re: Student loan debt vs. VTSAX

That’s a high interest rate. Have you looked into refinancing ? At 6% I wouldn’t hesitate to pay it off.
by JonnyDVM
Fri Aug 09, 2019 8:57 pm
Forum: Investing - Theory, News & General
Topic: threshold for paying debt
Replies: 41
Views: 2900

Re: threshold for paying debt

Definitely a personal choice. I had an advisor once tell me not to pay off anything under 7% which is bad advice IMO. 5% and higher I’m definitely paying it off. Under 3.5% I’m in no hurry. In between 3.5- 5% you could probably persuade me either way, but I lean to paying it off myself because debt ...
by JonnyDVM
Wed Aug 07, 2019 9:09 am
Forum: Personal Investments
Topic: I still don't understand the value of a Backdoor Roth for high income earners
Replies: 63
Views: 6292

Re: I still don't understand the value of a Backdoor Roth for high income earners

... and maybe even made significant tax-deductible contributions to your children/grandchildren's 529. Contributions to 529s are NEVER tax deductible. 529 money is after tax dollars, similiar to a Roth. Not at a federal level but many of us do get a modest state tax deduction for contributing. I do...
by JonnyDVM
Tue Aug 06, 2019 9:54 pm
Forum: Personal Investments
Topic: I still don't understand the value of a Backdoor Roth for high income earners
Replies: 63
Views: 6292

Re: I still don't understand the value of a Backdoor Roth for high income earners

Thanks Jonny. And yes, I've read White Coat's writings on this, and will again before I attempt this, but just always got confused about how it did, or didn't, affect my solo 401k contribution limits. Now I just have to find out if I can roll my Vanguard IRAs into Vanguard 401ks... If it’s helpful ...
by JonnyDVM
Tue Aug 06, 2019 9:46 pm
Forum: Personal Investments
Topic: I still don't understand the value of a Backdoor Roth for high income earners
Replies: 63
Views: 6292

Re: I still don't understand the value of a Backdoor Roth for high income earners

Contributing to a back door Roth has no effect on your contributions to a solo 401k. You get tax free growth forever on the Roth. Clearly thats beneficial to you or you wouldn’t have to go through the backdoor to take advantage. You max out your solo 401k. Then you contribute to a traditional IRA a...
by JonnyDVM
Tue Aug 06, 2019 9:15 pm
Forum: Personal Investments
Topic: I still don't understand the value of a Backdoor Roth for high income earners
Replies: 63
Views: 6292

Re: I still don't understand the value of a Backdoor Roth for high income earners

Contributing to a back door Roth has no effect on your contributions to a solo 401k. You get tax free growth forever on the Roth. Clearly thats beneficial to you or you wouldn’t have to go through the backdoor to take advantage. You max out your solo 401k. Then you contribute to a traditional IRA an...
by JonnyDVM
Tue Aug 06, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Oh geeze. How should I pay for this? Walk me off the ledge
Replies: 52
Views: 6513

Re: Oh geeze. How should I pay for this? Walk me off the ledge

What's your free cash flow? How long will it take you to save back up the $5000? If less than 3 months, do #2, and then increase the size of your emergency fund! If >3 months, do #3 and increase the size of your emergency fund! You also got great advice about HSA. This is an excellent expense to "c...
by JonnyDVM
Mon Aug 05, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Anyone Tried Costco Travel Packages?
Replies: 43
Views: 6671

Re: Anyone Tried Costco Travel Packages?

Year. Several times. Highly recommend. I’ve priced our individual components and Costco travel is always the best deal. I also now always get my rental cars via Costco as well.
by JonnyDVM
Sun Aug 04, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 111
Views: 7477

Re: Is our spending crazy?

Dear Bogleheads, Is our spending crazy? I make $470k and we save about 30 percent gross. However, I I feel nauseous when I see our spending. We are spending an average of $14,500 a month. $5300 is the mortgage , $1000 a month on school, and the rest (about $100k/ yr) in living expenses. My wife spe...
by JonnyDVM
Sun Aug 04, 2019 2:31 pm
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 5227

Re: Dentist: Is this acceptable?

Dentist here: I wouldn’t worry too much. Ideally a patient will have an exam done every six months. However, sometimes dentists are out of town, sick, etc. In Texas, it is allowed to have hygienist clean teeth with no dentist present. However, in Texas A hygienist isn’t supposed to clean teeth with...
by JonnyDVM
Sun Aug 04, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 5227

Re: Dentist: Is this acceptable?

Dentist here: I wouldn’t worry too much. Ideally a patient will have an exam done every six months. However, sometimes dentists are out of town, sick, etc. In Texas, it is allowed to have hygienist clean teeth with no dentist present. However, in Texas A hygienist isn’t supposed to clean teeth with...
by JonnyDVM
Sat Aug 03, 2019 10:16 pm
Forum: Personal Consumer Issues
Topic: Day care vs nanny for child care
Replies: 62
Views: 3659

Re: Day care vs nanny for child care

Before we had our first child my cousin told me to go the nanny route for less stress and he was dead on. No rushing out to get the kids to daycare before work. No frantically rushing out of work to pick them up before daycare closes. That would have put a lot of excess stress on my life. We put our...
by JonnyDVM
Sat Aug 03, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Why won’t anyone hire me?
Replies: 156
Views: 15709

Re: Why won’t anyone hire me?

I really think you need to focus on your interview skills. Perhaps find a local group where you can practice interviewing. To be turned down 20 times following interviews tells me the issue is on that end. I’m going to agree with this. When I interview for a position like this I am looking mostly f...
by JonnyDVM
Sat Aug 03, 2019 9:44 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 11894

Re: Insane to buy a sports car?

If you want it you can have it. I’m not much of a car guy. Just looking at it objectively.
by JonnyDVM
Sat Aug 03, 2019 9:39 pm
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 5227

Re: Dentist: Is this acceptable?

Dentist here: I wouldn’t worry too much. Ideally a patient will have an exam done every six months. However, sometimes dentists are out of town, sick, etc. In Texas, it is allowed to have hygienist clean teeth with no dentist present. However, in Texas A hygienist isn’t supposed to clean teeth with...
by JonnyDVM
Fri Aug 02, 2019 12:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2126663

Re: U.S. stocks in free fall

Feeling rebalancy today
by JonnyDVM
Wed Jul 31, 2019 11:56 am
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 6764

Re: What's your Uber passenger rating?

4.84. I’m assuming it’s my passengers that brought it down a little and not myself. Regardless of whether that true or not that’s what I’m choosing to believe.
by JonnyDVM
Sun Jul 28, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: I Pay a city tax but I no longer work and live in the city
Replies: 14
Views: 2590

Re: I Pay a city tax but I no longer work and live in the city

Your office is there and you report there weekly. I doubt any city that collects a tax is going to approve you not paying them in this situation.
by JonnyDVM
Sat Jul 27, 2019 6:16 am
Forum: Investing - Theory, News & General
Topic: Is getting a home to airbnb a good investment?
Replies: 18
Views: 2119

Re: Is getting a home to airbnb a good investment?

FWIW briefly had this discussion with our accountant. The answer was an equivocal “no”. Most of his clients are at best breaking even renting out their vacation homes. The only way he regularly sees people profiting is via the property value increasing. On the other hand, these are mostly doctors bu...
by JonnyDVM
Sat Jul 27, 2019 6:02 am
Forum: Personal Investments
Topic: What rate of return do you use when calculating long term investments?
Replies: 32
Views: 3055

Re: What rate of return do you use when calculating long term investments?

5% real. Being too pessimistic calculating forward returns means you work harder and longer. There are consequences.
by JonnyDVM
Fri Jul 26, 2019 6:15 am
Forum: Personal Investments
Topic: Who has the best (easiest) Donor Advised Fund
Replies: 57
Views: 3029

Re: Who has the best (easiest) Donor Advised Fund

Hockey10 wrote:
Wed Jul 24, 2019 8:31 am
I can only speak to the Fidelity DAF. $5,000 minimum to open and very easy to use. I can't think of anything that would make it easier.
I agree. Though this is also my only experience. Opening it took all of 2 minutes.
by JonnyDVM
Mon Jul 22, 2019 6:32 am
Forum: Personal Consumer Issues
Topic: Tree guy is no-show; payment was "deposit"
Replies: 47
Views: 6007

Re: Tree guy is no-show; payment was "deposit"

I think the best approach at this point is to keep calling. As long as the wife keeps answering I wouldn’t panic yet. I don’t think it’s uncommon for services like this to request a deposit so they don’t get stiffed. What is abnormal is for a reputable service to take money and not do the job prompt...
by JonnyDVM
Sat Jul 20, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Soliciting 529 money in lieu of birthday/Christmas gifts
Replies: 12
Views: 1462

Re: Soliciting 529 money in lieu of birthday/Christmas gifts

Asking for a 529 contribution is a gift for the parents. It’s the kids birthday. Let him ask for what HE wants. Regardless, the best time to take advantage of a 529 was ten years ago. That train has sailed.
by JonnyDVM
Wed Jul 17, 2019 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Tenant turned off all utilities advice please!!
Replies: 85
Views: 8328

Re: Tenant turned off all utilities advice please!!

:!: I would take pictures and document everything, including all bills and cleaning fees. Keep the deposit and wait for litigation in small claims court by the ex tenant. Have all your ducks in a row, just in case. +1 Document thoroughly. Keep security deposit. Do not ever sink a lot of lot of money...
by JonnyDVM
Tue Jul 16, 2019 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value
Replies: 70
Views: 7557

Re: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value

I have returned to post an update. Last week I won my small claims court case for full amount + filing fees + cost of independent appraisal. I sued the other driver and his insurance sent me a check for the full amount. Funny as I would have settled for 1/4 of the amount I won. Good for you. Way to...
by JonnyDVM
Tue Jul 16, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 5516

Re: Do you care about your home appreciating?

I care about all of my assets appreciating, including my home. Seconding. Yes. It’s a double edged sword. We’re staying here for the long term. I like the sharp appreciation we’ve experience as it makes me feel like we made the right decision to buy and adding to net worth always feels good. On the...
by JonnyDVM
Sun Jul 14, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 8381

Re: No A/C in Office [not a safe work environment]

I’ll make a snap judgement. Find a new job. There’s plenty of them around. This doesn’t sound like a great place to work.
by JonnyDVM
Thu Jul 11, 2019 6:55 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Expands Their Index Fund Lineup
Replies: 70
Views: 9914

Re: Fidelity Expands Their Index Fund Lineup

corn18 wrote:
Thu Jul 11, 2019 5:58 pm
The SEC filings showed a go live date of 2021.
BOOOO. I want to invest in this now!
by JonnyDVM
Tue Jul 09, 2019 9:50 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 10312

Re: Who cuts your hair? And for how much?

A local stylist. She charges $35. I generally give her a c-note cause I had to work stupid hard when I was young. I also give my house keeper a two month bonus at the end of the year. Working hard is hard. When you have done alright, you share when you can. Most un-boglehead thing I’ve read on here...
by JonnyDVM
Tue Jul 09, 2019 8:57 pm
Forum: Personal Consumer Issues
Topic: my best new travel tip only $2 per day more [airport parking]
Replies: 59
Views: 6651

Re: my best new travel tip only $2 per day more [airport parking]

Costco has 5 days of ATL airport parking for $30. Sweet deal. It’s off site but a short shuttle ride away.
by JonnyDVM
Mon Jul 01, 2019 8:00 pm
Forum: Personal Consumer Issues
Topic: Traveling Overnight / Wife Near-Term / No Family In Town - how to handle
Replies: 21
Views: 2339

Re: Traveling Overnight / Wife Near-Term / No Family In Town - how to handle

Pay to fly a family member in for a few days if they are willing just in case. We paid our nanny extra to come in the middle of the night when it was time. Do you have a sitter you occasionally use? They might be willing to be on call for a nice fee. I would be willing to pay pretty much any price f...
by JonnyDVM
Mon Jul 01, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Feels like never enough in savings?
Replies: 27
Views: 3168

Re: Feels like never enough in savings?

Your E-fund is constantly being eroded away by inflation. The interest you make on it is taxable. There are better places to put additional money than throwing on this savings pile. Even a bond fund would be better.
by JonnyDVM
Fri Jun 28, 2019 11:18 pm
Forum: Personal Consumer Issues
Topic: Outdoor Fire Pit - Wood vs. Gas?
Replies: 53
Views: 4003

Re: Outdoor Fire Pit - Wood vs. Gas?

I like wood. There’s something embedded in our DNA when it comes to socializing around a wood fire. I have also cooked on it. We have gas fireplaces inside wood outside. Gas is easier, I can’t argue with that.
by JonnyDVM
Tue Jun 25, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 25259

Re: Crypto bulls are back. Are you getting in?

Ok. I’ll admit I’m starting to think I should consider getting in on this. I have maintained, and still maintain crypto is incredibly stupid. But other people, for reasons that continue to elude me, seem to think otherwise. They passionately believe in this stuff. I’ve talked to them. It’s true. The...
by JonnyDVM
Mon Jun 24, 2019 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 4852

Re: Triage in ER - charged $790

Boy stories like this make me think.... but the rational side of me says: pay the bill and move on. America has such a supremely low tax rate for those who live from investing you come out way ahead. For those pulling 100k per year in investing, you could get dinged by 20k per year in medical bills...
by JonnyDVM
Sun Jun 23, 2019 7:32 pm
Forum: Personal Consumer Issues
Topic: Do you Casino? What do you play? Have you won?
Replies: 82
Views: 5568

Re: Do you Casino? What do you play? Have you won?

Only poker, blackjack, and craps. Poker for reasons already stated. Blackjack and craps because I can goof around with my friends and have a good time. I had a friend who taught me how to count cards. I enjoyed sticking it to the house from a mathematical perspective at first, eventually, I realized...
by JonnyDVM
Sun Jun 23, 2019 3:02 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 17044

Re: What percentage of total portfolio in REIT's do you have? Why?

10%. It makes sense to me as a diversification tool. The only gripe I have is the tax inefficiency. That much REIT tilt takes up a lot of tax advantaged space.
by JonnyDVM
Sun Jun 23, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: For those who tip valet and/or dog kennel
Replies: 11
Views: 1438

Re: For those who tip valet and/or dog kennel

Valet is getting $4 or probably $5. Kennel staff doesn’t expect tips. I’m sure they would take them, but don’t feel obligated.
by JonnyDVM
Sat Jun 22, 2019 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Frugal or cheap?
Replies: 106
Views: 9546

Re: Frugal or cheap?

Answer to OPs question- cheap. You’re being cheap.

Agree with everyone else. Spending 100k on an addition seems odd. Makes more sense to buy a larger house.
by JonnyDVM
Fri Jun 21, 2019 6:17 am
Forum: Investing - Theory, News & General
Topic: A.I. Index Funds?
Replies: 12
Views: 1698

Re: A.I. Index Funds?

I asked the same question a few years back. The answer, unfortunately, seemed to be that the companies doing the most AI work are already a huge part of the US index: google, amazon, ect or are private. I could not find much to invest in but I would still be interested if I could find something!
by JonnyDVM
Tue Jun 18, 2019 6:36 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 58
Views: 6971

Re: Should I invest 100k into a total index or do it slowly

If you’re going to be despondent if the market drops 20% the day after you lump sum then DCA. If not, then lump sum it and learn how to be excited about tax loss harvesting.
by JonnyDVM
Sat Jun 15, 2019 3:01 pm
Forum: Personal Investments
Topic: HSA investment advice
Replies: 25
Views: 2602

Re: HSA investment advice

harmoniousmonk wrote:
Mon Jun 10, 2019 10:54 am
Roll into Fidelity and 100% FZROX
This exactly. No fees. I have half in FZROX and half in a microcap fund. Best to take advantage of what is currently tax free growth imo.
by JonnyDVM
Sat Jun 15, 2019 6:01 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 212
Views: 23402

Re: How have your homes as investments done?

I’m kind of surprised more bogleheads weren’t able to capitalize on the must depressed real estate prices in generations. Maybe most of us already owned homes and kept them during that big dip in real estate prices. That’s true. It is generally an older crowd here. I was fortunate to be right place...