Search found 181 matches

by darrvao777
Tue Aug 14, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Decided on Chromebook, now need spec help
Replies: 35
Views: 2189

Re: Decided on Chromebook, now need spec help

I have the ASUS C302A and love it
by darrvao777
Sun Aug 12, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 72
Views: 4403

Re: How often do you check your brokerage accounts

1 account at vanguard

I check monthly when i dump a portion of my paycheck into my taxable account
by darrvao777
Fri Aug 10, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Tablet?
Replies: 16
Views: 1253

Re: Should I Buy a Tablet?

Another vote for a convertible Chromebook

Love how handy they are
by darrvao777
Fri Aug 10, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7352

Re: Rude response from boss re: market adjustment

I'd look for a new job.

The best way to ask for a raise is to have a better option in hand already.

It's the only way to have leverage.
by darrvao777
Thu Aug 09, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 747
Views: 210256

Re: Share your net worth progression

Bull market and promotions at work (obviously this one is the big factor since I haven't been investing for very long) have worked wonders for me so far

This is probably not as fun an exercise during a recession

August 2015 = 200000
August 2016 = 500000
August 2017 = 1300000
August 2018 = 1800000
by darrvao777
Mon Aug 06, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: My Credit Card Rewards Strategy
Replies: 28
Views: 2403

Re: My Credit Card Rewards Strategy

I’d focus on earning more at work, it will dwarf anything you get back from a credit card rewards program Your statement is implying that it's a painstaking amount of time to learn about credit cards and brokerage bonuses, and thus the two must be mutually exclusive. The are not. Career progression...
by darrvao777
Mon Aug 06, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: My Credit Card Rewards Strategy
Replies: 28
Views: 2403

Re: My Credit Card Rewards Strategy

I favor a simplified approach

Citi double cash 2% for everything

I’d focus on earning more at work, it will dwarf anything you get back from a credit card rewards program
by darrvao777
Sun Aug 05, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: LAPTOP: Huawei Matebook Pro vs. Dell XPS
Replies: 12
Views: 1055

Re: LAPTOP: Huawei Matebook Pro vs. Dell XPS

Happy to be the first to respond so I can say GET A CHROMEBOOK! More seriously, maybe you can post the specs of the models you're looking at so we don't all have to look them up? You can browse the internet, social media, and watch youtube on any piece of junk 5 year old used computer you can find....
by darrvao777
Sat Jul 28, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in VWIUX [Vanguard Intermediate-Term Tax-Exempt]
Replies: 14
Views: 3448

Re: Investing in VWIUX [Vanguard Intermediate-Term Tax-Exempt]

My asset allocation calls for 33% in bonds Is it OK to continue doing so even at large amounts or does it make sense to alter my AA at some point? E.g. I have high 6 digits in VWIUX. Should I continue into the millions if I'm fortunate to keep accumulating at my current pace? What are your federal ...
by darrvao777
Sat Jul 28, 2018 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in VWIUX [Vanguard Intermediate-Term Tax-Exempt]
Replies: 14
Views: 3448

Re: Investing in VWIUX [Vanguard Intermediate-Term Tax-Exempt]

My asset allocation calls for 33% in bonds

Is it OK to continue doing so even at large amounts or does it make sense to alter my AA at some point?

E.g. I have high 6 digits in VWIUX. Should I continue into the millions if I'm fortunate to keep accumulating at my current pace?
by darrvao777
Sat Jul 21, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: At what level of wealth should you start setting up a Trust?
Replies: 14
Views: 2202

Re: At what level of wealth should you start setting up a Trust?

Search and you can find similar threads. Here's a repeat of what I posted in a prior thread. Think about what you're trying to accomplish with the trust. 1) avoid estate taxes - Are in you in federal estate tax territory? If not, there still might be state estate or inheritance taxes to think about...
by darrvao777
Wed Jul 18, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 122
Views: 17506

Re: High Income earners, whats your Tax Strategy?

We keep it simple: - Max out pre-tax 401(k) - Max out mega backdoor Roth 401(k) - Backdoor Roth IRA - Donate appreciated stock, if there's a good opportunity - Keep taxable in ETFs instead of traditional mutual funds, where you can more effectively defer capital gains - Tax loss harvesting if/when ...
by darrvao777
Mon Jul 02, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 73
Views: 8522

Re: Do you invest in Real Estate ? Why ?

No we are still trying to get a lawsuit resolved from our last rental property As I’ve repeatedly lectured my spouse, we make too much money at our primary jobs, spend too much time at our primary jobs, and save too much money from our primary jobs to take on any more work (which is what real estate...
by darrvao777
Mon Jul 02, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8144

Re: What % of your equity is int’l?

drk wrote:
Sun Jul 01, 2018 12:02 am
siamond wrote:
Sat Jun 30, 2018 10:53 pm
Simple: 50% domestic, 50% international. Hedging my bets, and maximally diversifying.
Ditto.
Another 50%er here for simplicity reasons

I am confident that between how much I make and how much I save I should reach my retirement goals as long as I have a reasonable asset allocation
by darrvao777
Fri May 18, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Surgeon salary vs owning a business salary/profit?
Replies: 47
Views: 4479

Re: Surgeon salary vs owning a business salary/profit?

I am a surgeon in a high pay, low stress subspecialty that makes > 700K and I will readily admit, I got lucky. I don't recommend that people pursue med school and especially surgery unless they can't see themselves doing anything else in life. Surgery. Low stress. >700K Honestly thought the only su...
by darrvao777
Fri May 18, 2018 5:21 am
Forum: Personal Finance (Not Investing)
Topic: Surgeon salary vs owning a business salary/profit?
Replies: 47
Views: 4479

Re: Surgeon salary vs owning a business salary/profit?

Which one is higher on average? Surgeon salary vs owning a business salary/profit? I am wondering if a surgeon salary + benefits almost always comes out ahead of starting your own business. I am ~25y/o and am pursuing the medical school/surgeon track but am just wondering who produces more money an...
by darrvao777
Fri May 18, 2018 3:53 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27246

Re: Vangaurd Municipal Money Market VMSXX 1.39%

I am planning on saving up for a house downpayment to be used anytime between now and the next 5 years Should I fill up my FDIC-insured savings account first even if it's at a tiny interest rate? Or just save for this downpayment in the Municipal Money Market fund (VMXXX)? We will be in the 37% brac...
by darrvao777
Sat May 05, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 17023

Re: Is Los Angeles a good place long term to live financially?

I’m not going for my MBA now. Of course not. You posted this on April 17th. Seems like you’ve abandoned all your goals in under a month. Not sure why we are still indulging a troll. There’s no actionable advice here beyond “enjoy continuing to mooch off your parents” Some of my goals are: 1. Get an...
by darrvao777
Sat May 05, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 17023

Re: Is Los Angeles a good place long term to live financially?

GrayS26 wrote:
Sat May 05, 2018 1:26 pm
Which part of LA should I live?

West Hollywood?

Beverly Hills?

What else?
The housing offered by the MBA program you get into
by darrvao777
Fri May 04, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 95
Views: 10817

Re: Warning: avoid Windows 10 update 1803

Case59 wrote:
Fri May 04, 2018 10:40 am
It is indeed true that once you try Mac, you never go back.
Same. A windows 10 update borked my computer (never should have accepted the offer to upgrade for free from windows 7) and now will only use Mac

I do hate their phones though and prefer android
by darrvao777
Mon Apr 23, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff Questions
Replies: 11
Views: 1734

Re: Mortgage Payoff Questions

Thanks for everyone's advice It looks like the online portal is smarter than I give it credit for :) There is a maximum amount one can pay via that platform as I near complete payoff. The remainder has to be certified funds via a wire transfer or a certified check. I paid off as big a chunk as I cou...
by darrvao777
Mon Apr 23, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff Questions
Replies: 11
Views: 1734

Mortgage Payoff Questions

Hi I had a quick question about mortgage payoff that the mortgage company couldn’t answer I owe roughly 100k on my mortgage loan and wish to pay this off When generating a loan payoff statement, the Aba number provided to me to wire the remaining funds routes to a different bank than the one listed ...
by darrvao777
Sun Apr 22, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: How much off MSRP should one expect?
Replies: 23
Views: 2552

Re: How much off MSRP should one expect?

Thanks for all the great responses on used vs. new car! I am leaning new, if nothing else to get me out of this rabid hole time suck!!! Sheesh, I havent been able to get anything done today. Ive seen a range from 0 to 17% off MRSP. What is common? Good deal? etc Also, I noticed some posts mentionin...
by darrvao777
Sun Apr 22, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Which Lazy Portfolio is the best for taxable investing
Replies: 6
Views: 722

Re: Which Lazy Portfolio is the best for taxable investing

jhendrix wrote:
Sun Apr 22, 2018 1:37 pm
thanks for the input dh, was is VT?
https://personal.vanguard.com/us/funds/ ... irect=true

Vanguard Total World Stock ETF (VT)

ETFs can be more tax efficient in a taxable account
by darrvao777
Sat Apr 21, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 8470

Re: Do you buy new or used cars?

I buy new and pay for it in cash.
by darrvao777
Fri Apr 20, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 5447

Re: Factor in evaluating Physicians

I’m on there as well for food and beverage charges but from a while ago I’m so antisocial now I duck out the back when reps come Would rather pay for my own lunch and enjoy it peacefully outside of the hospital rather than get roped into boring conversation over a usually crummy meal (really? Salad?...
by darrvao777
Fri Apr 20, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 31279

Re: How old are you and how much do you save for retirement a year

Question for those putting away so much in retirement - are you actively looking at passive income making opportunities like income properties? Absolutely not. I house hacked for the first several years that I owned and I don't ever want to be directly exposed to rental risk again. The potential of...
by darrvao777
Fri Apr 20, 2018 6:52 am
Forum: Personal Finance (Not Investing)
Topic: How risky to have savings more than $250k FDIC limit?
Replies: 42
Views: 8165

Re: How risky to have savings more than $250k FDIC limit?

Thanks for the advice everyone! Holding about 100k over the fdic limits and while the risk is low in my mind, I agree why risk it? The plan was to hold for two weeks but paying the estimated taxes and mortgage off early should drop me under the limits Paying for the car in 2 weeks should return me t...
by darrvao777
Fri Apr 20, 2018 1:23 am
Forum: Personal Finance (Not Investing)
Topic: How risky to have savings more than $250k FDIC limit?
Replies: 42
Views: 8165

Re: How risky to have savings more than $250k FDIC limit?

Is there any reason to be seriously concerned about being beyond the insured limit while I hold the money there? Yes. Two of my banks have gone out of business during the last four years. I strongly recommend not to take this risk, not even for a day. A bump from old times What are people’s thought...
by darrvao777
Thu Apr 19, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 17023

Re: Is Los Angeles a good place long term to live financially?

OP. Seriously. Do you want to become some creepy 40 year old dude who’s still trying to impress the undergrad girls with his trust fund? That’s the path you’re heading down right now. Not OP here but I don't understand your comment. One of his four clearly-stated goals is to get married. His two pr...
by darrvao777
Thu Apr 19, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 17023

Re: Is Los Angeles a good place long term to live financially?

OP. Seriously. Do you want to become some creepy 40 year old dude who’s still trying to impress the undergrad girls with his trust fund? That’s the path you’re heading down right now. Not OP here but I don't understand your comment. One of his four clearly-stated goals is to get married. His two pr...
by darrvao777
Thu Apr 19, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 31279

Re: How old are you and how much do you save for retirement a year

32 years old, >$500000+ for retirement annually Just curious generally what type of investments you make for all of that after-tax investments. Any real estate syndication? Any investment in businesses? Anything that helps alleviate your tax burden? To answer the original question, I am 37 and we s...
by darrvao777
Thu Apr 19, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 17023

Re: Is Los Angeles a good place long term to live financially?

I understand what I’m trying to do is difficult, and might be overly ambitious for me at this time. BUT I think if I skipped going to school and just moved there, even for just a year, I could have a lot of fun and a great experience. Like I said, I’m thinking around ~5K a month for rent, ~4K a mon...
by darrvao777
Wed Apr 18, 2018 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 31279

Re: How old are you and how much do you save for retirement a year

Age 33 HSA = 6900 (family) Roth 401k = 18500 (no employer match) His and hers Backdoor Roth IRA = 11000 (5500 x 2) Taxable = 200000 - 500000 (depends on yearly spending patterns, last year was closer to 500000, this year will be closer to 200000) Total of gross income saved = 20 (minimum) - 50 (targ...
by darrvao777
Sun Apr 15, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Review of tax software for trusts and estates
Replies: 70
Views: 9436

Re: Review of tax software for trusts and estates

A revocable trust is not recognized by the IRS as a separate entity. It does not have its own EIN. You would still use your social security number when filing tax returns and you can use regular TurboTax software for filing individual tax returns. If the trust has provisions to maintain assets in t...
by darrvao777
Sun Apr 15, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Review of tax software for trusts and estates
Replies: 70
Views: 9436

Re: Review of tax software for trusts and estates

Sorry, a bit of a novice question I played around on legalzoom and created a will and revocable trust. Hasn’t been signed and put into action yet In talking with others, it really sounds like I should be using an estate lawyer instead of using DIY software Once I have a revocable trust setup and mov...
by darrvao777
Sat Apr 14, 2018 9:20 pm
Forum: Personal Consumer Issues
Topic: What percentage of you 2017 income can you account for?
Replies: 49
Views: 3909

Re: What percentage of you 2017 income can you account for?

We use round numbers

We try to save 50% of gross for investments and real estate

Effective tax rate was 35%

Spent the remaining 15% (and/or it’s still in my checking/savings account to be deployed for short term goals like new car, new home down payment, mortgage payoff)
by darrvao777
Fri Apr 13, 2018 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone in high bracket switching to muni. Money market?
Replies: 17
Views: 2064

Re: Anyone in high bracket switching to muni. Money market?

Yup, using it (VMSXX)

37% marginal bracket and trying to save a large sum of money ($750K) for use on a home downpayment within the next 5 months to 5 years
by darrvao777
Fri Apr 13, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 13643

Re: How Far is too Far, Commuting?

The wife and I are considering a house that would put my commute at 1 hour without traffic, 90 minutes with traffic That is probably the upper limit that I can stomach for commuting (House is gorgeous, close to the kids' schools, wife is happy, I can live with a longer commute if the house can offer...
by darrvao777
Wed Mar 28, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Home Security
Replies: 26
Views: 2683

Re: Home Security

I have two dogs. When I’m home, I have 3 shotguns with 3.5 inch cartridges loaded at different locations in the house. And a XDM 9 mm loaded in my night stand. No worries. I also have 12 blink cameras inside and outside my house. Nobody comes to my house unannounced. I do not have ADT. I like the w...
by darrvao777
Tue Mar 27, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Question for physicians-- is my taking call worth it?
Replies: 61
Views: 6986

Re: Question for physicians-- is my taking call worth it?

I'd pass as well

I'm early in my career but have already started cutting down to part time

I find I still make more than enough and am a better physician at work and a better person at home with part time hours (<40 clinical hours/week, no nights, no weekends, no holidays, home call only)
by darrvao777
Mon Mar 26, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: House Down-payment
Replies: 15
Views: 2510

Re: House Down-payment

I don't think it's obvious at all that you'd have more leeway just because it's a larger amount. But if you have ways of overcoming a shortfall then using a bond fund seems reasonable enough. I think for short horizons the risk-reward of bond funds vs savings vehicles is either not favorable, or th...
by darrvao777
Mon Mar 26, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: House Down-payment
Replies: 15
Views: 2510

Re: House Down-payment

Sorry bumping an old thread I already have a large sum invested in VWIUX as part of my taxable account earmarked for retirement We are contemplating a home purchase in 1 to 5 years, planning on saving a down payment in the range of $500k (wife wants to make a move within the year, I would like more ...
by darrvao777
Mon Mar 26, 2018 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 66830

Re: Physician Retirement Savings

Please read this very carefully, especially if you are a younger physician. Family physician and wife is pharmD, ages 45 and 44, respectively. 2 children, early teens. Current annual take home pretax income $1,250,000 plus $150,000/year commercial real estate rental. We both started practice about ...
by darrvao777
Sat Mar 24, 2018 9:52 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 13112

Re: Seasoned bogleheads repressing the thought of lower expected returns

What's the alternative though to investing like we always have?

Go to cash? Gold? Real estate?

I plan to stay the course, take what the market gives me, and continue to live frugally
by darrvao777
Sat Mar 24, 2018 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 66830

Re: Physician Retirement Savings

Please read this very carefully, especially if you are a younger physician. Family physician and wife is pharmD, ages 45 and 44, respectively. 2 children, early teens. Current annual take home pretax income $1,250,000 plus $150,000/year commercial real estate rental. We both started practice about ...
by darrvao777
Thu Mar 22, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Recommendations
Replies: 43
Views: 5745

Re: Credit Card Recommendations

We use 4 cards

Travel and dining = Chase Sapphire Reserve for triple UR points (and good travel insurance)

Costco = Costco card by Citi

Everything Else = Amex platinum or Citi Double Cash (best purchase protection)
by darrvao777
Sun Mar 18, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Going Sideways/Weird Shipment Problems
Replies: 66
Views: 5934

Re: Amazon Prime Going Sideways/Weird Shipment Problems

I've been an Amazon Prime member for a few years, paying for 2 day delivery, some free video viewing and that's about it. For 30 days return policy purposes, it was great to have their delivery information to track return eligibility. Over the past few months, now only about 20% of my deliveries ar...
by darrvao777
Thu Mar 15, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 66830

Re: Physician Retirement Savings

Age: early 30s Current: $1.5M Goal: $10M Impressive NW for early 30s. Any inheritance? If not, what specialty and how long have you been practicing? Thanks, no inheritance but was lucky enough to have some parental assistance and scholarship money so I graduated with <$50K in student loans and elim...
by darrvao777
Thu Mar 15, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 312
Views: 66830

Re: Physician Retirement Savings

Age: early 30s Current: $1.5M Goal: $10M Impressive NW for early 30s. Any inheritance? If not, what specialty and how long have you been practicing? Thanks, no inheritance but was lucky enough to have some parental assistance and scholarship money so I graduated with <$50K in student loans and elim...