Search found 1114 matches

by gasdoc
Fri Aug 18, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 8654

Re: When does renting make sense

According to Ken Rockwell: After selling my condo of 17 years, sure, I sold it at the top of California's recent real estate bubble for four times what I paid. But wait: unlike a financial investment, I had to pay mortgage interest, taxes, utilities, repairs, homeowner associations and loads of oth...
by gasdoc
Tue Aug 15, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Where to buy glasses for eclipse viewing ?
Replies: 64
Views: 4930

Re: Where to buy glasses for eclipse viewing ?

Just got mine today from the only seller I could find on Amazon (an "alternate seller, I believe they called it. There was no email from Amazon saying the company was fraudulent. Everything is pitch black when I look through the glasses, at least in the house. All of the big box stores in may town a...
by gasdoc
Tue Aug 15, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 5223

Re: Plan for making child pay for part of college

I think this whole thread would be more useful if there were more data, and less anecdotes and generalities. We worked closely with our DD during her high school years, helping her to narrow down her college choices to a short list. We made it clear to her that the list had to be acceptable to all o...
by gasdoc
Tue Aug 15, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: ipad or tablet for hospital?
Replies: 31
Views: 2040

Re: ipad or tablet for hospital?

I spend a lot of time in the hospital. I would purchase whatever gadget I would prefer at home (except not a desktop) to use in the hospital. Since most hospitals are going to electronic medical records, they have to have good wifi or the docs and nurses couldn't get their work done efficiently. Our...
by gasdoc
Tue Aug 15, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 5223

Re: Plan for making child pay for part of college

We didn't want to encourage our DD to work too much during school. She is interested in premed, which is academically very challenging. In addition, she has many hours of volunteering, research, and physician shadowing that is required. We decided to pay for all of her expenses at a private 4 year s...
by gasdoc
Mon Aug 14, 2017 5:25 am
Forum: Personal Consumer Issues
Topic: Paint vs. Stain on fiberglass door
Replies: 11
Views: 738

Re: Paint vs. Stain on fiberglass door

I have stained a fiberglass door, and it looked great.

gasdoc
by gasdoc
Sun Aug 13, 2017 8:05 pm
Forum: Personal Consumer Issues
Topic: PayPal - Any Disadvantages?
Replies: 40
Views: 3895

Re: PayPal - Any Disadvantages?

I just updated my paypal account to make it more secure. I activated the following: "Set up a PayPal Security Key by entering a one-time pin that’s unique for each login. This gives you a second authentication factor whenever you log in to your account. That’s fancy talk for a super secure account!...
by gasdoc
Sun Aug 13, 2017 6:54 pm
Forum: Personal Consumer Issues
Topic: PayPal - Any Disadvantages?
Replies: 40
Views: 3895

Re: PayPal - Any Disadvantages?

Just had someone hack into my PayPal account, and order a $200 gift card from Toys-R-Us, via my linked Chase credit card. Chase has said they will reimburse the $200. I have not yet heard from PayPal, but I would think it would be on them rather than Chase. The worst thing for me is having to change...
by gasdoc
Fri Aug 11, 2017 4:20 pm
Forum: Personal Consumer Issues
Topic: Trip Cancellation Insurance.
Replies: 37
Views: 2486

Re: Trip Cancellation Insurance.

No travel insurance, ever.

gasdoc
by gasdoc
Fri Aug 11, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house as a student
Replies: 27
Views: 1323

Re: Buying a house as a student

Rent. While true that buying a house allows you to build equity, there are much greater expenses that will occur that have nothing to do with building equity.

gasdoc
by gasdoc
Tue Aug 08, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 124
Views: 11544

Re: Replace car battery after X years or wait till it dies?

I just prophylactically replaced the battery in the Ford Escape DD will be taking to her freshman year of college. The new warranty is two years. I put it on my calendar to change again in 8/2019, before she heads back for her junior year. The price- $117, installed. Seems like a small price to pay ...
by gasdoc
Tue Aug 08, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do when you need access to money in an investment account?
Replies: 33
Views: 2846

Re: What do you do when you need access to money in an investment account?

1. I keep a relatively large cash position to cover such expenses when they inevitably come up- around $75K. 2. If I must sell investments, I sell from a fund I still have that no longer fits my investment philosophy, or I sell whatever has recently increased in value, rebalancing (always long term ...
by gasdoc
Tue Aug 08, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 8654

Re: When does renting make sense

Is it your assumption that when a home is rented, the landlord does not have to pay for upkeep or taxes or maintenance? Does the landlord not consider those factors when he decides on a rent price? How could you be better off renting? Is it your assumption that all the landlords are running a chari...
by gasdoc
Mon Aug 07, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 124
Views: 11544

Re: Replace car battery after X years or wait till it dies?

When my battery is about to die, I took that to Advance auto parts to test that. You don't always get warning that it's about to die. In my most recent case, I got ONE sluggish start before the battery was utterly useless. On numerous previous occasions, everything was hunky dory on one drive, and ...
by gasdoc
Mon Aug 07, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21175

Re: A poll: How much money do you want to retire?

I, for one, did not change my number based on falling interest rates. I did, however, revise my expected expenses in retirement downward.

gasdoc
by gasdoc
Sun Aug 06, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 333
Views: 36908

Re: Quicken's future direction - a cause for concern

Unfortunately, looking at what happened to Quicken and the competing products, there just doesn't seem to be that many that want to track their expenses and investments at that level. Most people get their IRA/401k or whatever statement quarterly, look at it, and then throw it in the trash. Most pe...
by gasdoc
Sun Aug 06, 2017 7:27 am
Forum: Personal Consumer Issues
Topic: Dinner plates that do not get so hot after microwaving?
Replies: 37
Views: 2721

Re: Dinner plates that do not get so hot after microwaving?

Paper plates and paper bowls, then transfer to table dishes.

Gasdoc
by gasdoc
Sun Aug 06, 2017 7:05 am
Forum: Personal Consumer Issues
Topic: Fence Boundary Issue
Replies: 24
Views: 1662

Re: Fence Boundary Issue

In my city before you install a fence, you must get a building permit and they come out and inspect the fence after installation. You're also required to locate utilities through a free locator service that comes out and paints/marks the electric, gas, and water lines before you dig. If you used a ...
by gasdoc
Sat Aug 05, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 20
Views: 3068

Re: Capital One -- Again!

Haven't noticed much difference. The check images aren't there, but all of the info I would need is there. I probably won't be changing anything.

gasdoc
by gasdoc
Sat Aug 05, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21175

Re: A poll: How much money do you want to retire?

Age 57 now. Target $5M. Plan to work to age 62, regardless of total, but I think we will make our target somewhere between age 61 and 62. may I ask your expected average annual expenses starting at age 62? Thanks Sure, Lietenant. I have always thought it would be around $150K / year. However, As I ...
by gasdoc
Sat Aug 05, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else have trouble spending?
Replies: 91
Views: 5608

Re: Anyone else have trouble spending?

I have trouble, but my DW seems to have no problem (LOL)!!!!!

gasdoc
by gasdoc
Sat Aug 05, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21175

Re: A poll: How much money do you want to retire?

Age 57 now. Target $5M. Plan to work to age 62, regardless of total, but I think we will make our target somewhere between age 61 and 62.

gasdoc
by gasdoc
Fri Aug 04, 2017 6:42 am
Forum: Personal Finance (Not Investing)
Topic: How much do kids cost in a high COLA?
Replies: 57
Views: 3751

Re: How much do kids cost in a high COLA?

We went the expensive private school route, and eventually added extensive, expensive travel and coaching for soccer. We eventually upgraded the house, but that probably would have happened anyway. All of the soccer travel meant we spent more on, not only travel, but cars and other items. We doubled...
by gasdoc
Wed Aug 02, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Question for MTB'rs. Buying a bike.
Replies: 22
Views: 1277

Re: Question for MTB'rs. Buying a bike.

I prefer components one notch below top, but I do not race. Also, keep in mind that crashes happen, and all may be lost. And I try to match what my colleagues are riding.

Gasdoc
by gasdoc
Tue Aug 01, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA: if known result, why complete?
Replies: 44
Views: 2616

Re: FAFSA: if known result, why complete?

In the state where I live, lottery money is available for college, and it is merit based. But, to receive it, one must fill out either the FAFSA or an alternative state-specific form that is less intrusive than the FAFSA (not income or wealth divulging- Just general demographic info).

Gasdoc
by gasdoc
Fri Jul 28, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it ? [A new car]
Replies: 95
Views: 6108

Re: Can I afford it ?

Pay cash. You are planning to give the bank earnings with very little risk. You are planning to do this in order to receive earnings, but with a corresponding risk.

gasdoc
by gasdoc
Thu Jul 27, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Returning to College - Looking for Financing Advice
Replies: 21
Views: 1385

Re: Returning to College - Looking for Financing Advice

Do you need to go to a top 5 program, or do you merely need the MBA credential to advance? If it's the latter, you could do a part time MBA for about 30k and spread it out over several years (and still work), which should have minimal effect on your finances I basically drew 45-minute circles aroun...
by gasdoc
Wed Jul 26, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: What Car Should I Buy My Daughter as a Graduation Present
Replies: 150
Views: 9506

Re: Any BHs Had Experience With the Honda Fit?

safety scores for cars dont consider that you can be hit by an SUV which weighs much more. Yes they do. I think you don't actually know anything about safety scores to make such a wildly incorrect claim. How the test works In the Institute's test, a 3,300-pound SUV-like barrier hits the driver side...
by gasdoc
Wed Jul 26, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Excess Rental Car Insurance in Europe
Replies: 16
Views: 1222

Re: Excess Rental Car Insurance in Europe

It appears that most of the CC coverage requires that they be the only and exclusive covering insurance. That means no CDW or any other waiver, no additional fire, theft, etc. I expect this is because dealing with foreign insurance companies poses all kinds of problem (Yes, I've had experience...<w...
by gasdoc
Wed Jul 26, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Returning to College - Looking for Financing Advice
Replies: 21
Views: 1385

Re: Returning to College - Looking for Financing Advice

Thanks again to all for the advice, I will take it! I'm going to slow savings a bit in order to cashflow. No need to incur additional debt. Perhaps we'll even keep the retirement savings rate a little lower after graduation and knock out the rest of the loans. Their relatively low interest made us ...
by gasdoc
Wed Jul 26, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Returning to College - Looking for Financing Advice
Replies: 21
Views: 1385

Re: Returning to College - Looking for Financing Advice

Thanks again to all for the advice, I will take it! I'm going to slow savings a bit in order to cashflow. No need to incur additional debt. Perhaps we'll even keep the retirement savings rate a little lower after graduation and knock out the rest of the loans. Their relatively low interest made us ...
by gasdoc
Tue Jul 25, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy to attend Bogleheads National Meeting
Replies: 0
Views: 249

Strategy to attend Bogleheads National Meeting

I am sure there are no tickets available to the next Bogleheads National Meeting, and I wonder if anyone has advice on how best to secure tickets for 2018? Thanks in advance.

gasdoc
by gasdoc
Tue Jul 25, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Pay yourself first.
Replies: 43
Views: 3839

Re: Pay yourself first.

I wish I could pay myself first. But both my paycheck's and my expenses vary widely month-to-month. I know what i need to save each year for my end of the year contribution to my retirement accounts, so I steer myself in that direction throughout the year. With Quicken, I track my "last 12 mont...
by gasdoc
Tue Jul 25, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Characteristics of Physicians
Replies: 24
Views: 2184

Re: Financial Characteristics of Physicians

I found the data interesting. I do think it seemed to stray into indirect advertisement and maybe was sponsored by the "strategic partner" who runs a financial advising firm for physicians. "67% of physicians who are 'ahead' use a financial adviser, while only 44% of physicians who a...
by gasdoc
Tue Jul 25, 2017 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Financial Characteristics of Physicians
Replies: 24
Views: 2184

Financial Characteristics of Physicians

This may get shut down in short course because I am not sure it is actionable, but I am posting it because there are so many threads out there about, for, by and about physicians and their assets. This is a collection put out by AMA Insurance, and is a survey result, broken down by age group, about ...
by gasdoc
Fri Jul 21, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 vs. W2 for MD
Replies: 6
Views: 706

Re: 1099 vs. W2 for MD

I understand the implications of taking 54k off the top for a individual 401k There is also the difference between good fund selections in a 401k and poor such selections. With the individual 401k you control the former. BolderBoy makes a good point. When I first started practice, I was a W-2 emplo...
by gasdoc
Fri Jul 21, 2017 6:10 am
Forum: Personal Finance (Not Investing)
Topic: When to stop being "concerned"
Replies: 27
Views: 5441

Re: When to stop being "concerned"

In theory, "set it and forget it." I don't know how much comfort I would get from having a certain number of years of expenses in bonds, but I mimic the target retirement portfolios from Vanguard, based on my age. The less actual decision making I have to make, the less I have to worry abo...
by gasdoc
Thu Jul 20, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: 18 year old first credit card recommendations
Replies: 44
Views: 2378

Re: 18 year old first credit card recommendations

My 18 year old daughter is an authorized user on my credit card, and her card stays in my office, in my desk. I have given it to her for special situations. Otherwise, she is perfectly happy with a checking account, a savings account, a debit card (and a new Roth IRA at Vanguard). She agrees to do ...
by gasdoc
Thu Jul 20, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: EMBA experiences?
Replies: 7
Views: 716

Re: EMBA experiences?

The greatest value for me was in knowing what the other guys know and don't know. In other words, it helped me to know when they were simply blowing smoke- using meaningless buzz words. It made me much more confident in dealing with the business folks- this is obviously from the perspective of a med...
by gasdoc
Tue Jul 18, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: 18 year old first credit card recommendations
Replies: 44
Views: 2378

Re: 18 year old first credit card recommendations

My 18 year old daughter is an authorized user on my credit card, and her card stays in my office, in my desk. I have given it to her for special situations. Otherwise, she is perfectly happy with a checking account, a savings account, a debit card (and a new Roth IRA at Vanguard). She agrees to do w...
by gasdoc
Sat Jul 15, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Tips and advice from those who had their homes built
Replies: 13
Views: 1242

Re: Tips and advice from those who had their homes built

Add one more garage space than you plan to need- for work projects, dogs, storage, etc. Wire walls for whole house stereo. Add some built in cabinetry before the walls are finished.

Gasdoc
by gasdoc
Thu Jul 13, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: S Corp - minimize taxes, maximize deductions
Replies: 29
Views: 2130

Re: S Corp - minimize taxes, maximize deductions

You need a different CPA. You could be contributing much more in tax preferred accounts. Our accountant did have us in a defined benefit plan during the years we were really making money and putting lots in. Rolled it over to Vanguard IRA when we semi retired. The DB has more expense associated wit...
by gasdoc
Thu Jul 13, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Deducting MBA tuition as an allowable business expense
Replies: 15
Views: 1206

Re: Deducting MBA tuition as an allowable business expense

If you are an independent contractor, he isn't your boss. correct. so i should be able to push the education expenses through my S corp for a full deduction. Am I missing something from here? I did this when I did an MBA in the late '90's. I was an s-corp. It was an "MBA for Physician Executiv...
by gasdoc
Sun Jul 09, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Experience getting new credit card with frozen credit
Replies: 14
Views: 1061

Re: Experience getting new credit card with frozen credit

In my state, the cost is $3 per credit freeze transaction.

gasdoc
by gasdoc
Fri Jul 07, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 2997

Re: Do you keep a balance in your settlement fund?

Nope. I have other, better places to park cash. I move it out ASAP.

gasdoc
by gasdoc
Fri Jul 07, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1689

Re: Grandparent Contribution to 529

Gasdoc, What you described above should go toward your support of a dependent with after tax money and it should be just fine. Huey, thank you. It is a significant amount of money, though- as we promised we would give her 50% of her scholarship money back to her to save for grad school, invest, or ...
by gasdoc
Thu Jul 06, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparent Contribution to 529
Replies: 19
Views: 1689

Re: Grandparent Contribution to 529

Is there a (reasonable) limit to the amount of money you can give a dependent, college-aged child, without having to claim it on the lifetime exclusion form? In our case, we contributed the 5 year maximum to DD's 529B, so we have already given the maximum gift, but give her other money in addition t...
by gasdoc
Wed Jul 05, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: cushion
Replies: 5
Views: 574

Re: cushion

I am not retired yet, but getting close enough to seriously consider. My plan is to not have a cushion. I hope to retire when I have the funds to live the lifestyle I choose. If the market goes up, my lifestyle will increase each year. If it goes down, my lifestyle will decrease each year. The plan ...
by gasdoc
Wed Jul 05, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 4300

Re: Medicare Supplement Policies?

From my "MBA for Physician Executives degree," I recall that Kaiser was among the least expensive because it was the "best" at managing care. What does managing care mean? There are two ways to manage care. The most difficult way is to 1) only admit patients that are healthy and ...