Search found 14060 matches

by White Coat Investor
Tue Nov 12, 2019 11:17 am
Forum: Personal Investments
Topic: Advice needed for unusual financial situation
Replies: 12
Views: 1520

Re: Advice needed for unusual financial situation

Hello fellow Bogleheads! Long time reader, first time poster here. I love this site and heed its prudent advice often. I'll skip the chase and cut right to the heart of the matter: I'm 60 yrs. old (a "young" 60!), currently no significant health issues. My wife is 48, and we have two sons, 16 and 1...
by White Coat Investor
Tue Nov 12, 2019 12:31 am
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 80
Views: 4460

Re: If you were forced to pick an alternative asset...

So I need to put 2.5% of my money in alternative assets. It is very important for my financial health because I'm bored and if I don't do this I may end up doing something even more financially destructive like buy a boat. So I want to take a poll, if you had to pick an alternative asset to invest ...
by White Coat Investor
Tue Nov 12, 2019 12:06 am
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 113
Views: 13010

Re: Debunking Bonds in Taxable

While interesting, these conversations would be more useful, if they focused on....um....ordinary people, who would never consider munis, because we’re just trying to scrape by. Maybe there should be a wealthy people only sub-forum? I kid, but only slightly. I know where one of those is.... Strange...
by White Coat Investor
Mon Nov 11, 2019 4:48 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 46
Views: 3107

Re: What’s in your TSP?

I’m new to the TSP. Do people who have outside retirement accounts invest differently inside the TSP because of the outside accounts or do they try to have similar investments, such as the 3 fund portfolio, in all accounts? And are people on this forum, who have a TSP, more likely to use the L Fund...
by White Coat Investor
Sun Nov 10, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Tale of 2 doctor job opportunities
Replies: 41
Views: 3636

Re: Tale of 2 doctor job opportunities

Once wci forums are back up ask there since this forum isn't well suited for physician employment assessment. Hopefully not too much longer but I'll tell you what makes you appreciate folks running a forum a lot--running one yourself. It all seems so easy when it is done well, but there's a lot beh...
by White Coat Investor
Sat Nov 09, 2019 12:17 am
Forum: Personal Finance (Not Investing)
Topic: shocking hospital fee estimate
Replies: 45
Views: 3944

Re: shocking hospital fee estimate

So, we're just about to have a scheduled surgery, using an in-network doctor, in-network hospital, and in-network anesthesiologists. We found out that the hospital fee for the surgery at insurance-negotiated rates is $90K. Our PPO has a 10% co-insurance, which means we'd owe $9K, except that our ou...
by White Coat Investor
Thu Nov 07, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2655

Re: Maximize 1 Day at Disney

https://luxerecess.com/disney-vip-tours ... vate-tour/

Here you go. $425-600 an hour. Split that 10 ways and maybe it's only $300-400/head. WELL worth the price. No way I'll go back without getting that.
by White Coat Investor
Thu Nov 07, 2019 8:09 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2655

Re: Maximize 1 Day at Disney

We're making a trip to Ft. Myers to see family in February and the thought of taking our youngest (5) to Disney came up since he hasn't been. The idea would be to drive up early and get there shortly after the park opens. Spend all day in Magic Kingdom, stay the night and fly home from Orlando the ...
by White Coat Investor
Thu Nov 07, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: The hidden cost of Fidelity’s ZERO funds
Replies: 66
Views: 5562

Re: The hidden cost of Fidelity’s ZERO funds

I came across an interesting article today: FZROX vs VTSAX: The hidden cost of Fidelity’s zero fee index funds The point is quite straight forward: Vanguard's VTSAX pays dividends quarterly and Fidelity's FZROX pays dividends yearly. The lost growth due to less frequent reinvestment of dividends is...
by White Coat Investor
Thu Nov 07, 2019 12:16 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 261
Views: 16656

Re: Will we be OK at 3% WR?

What's your opinion? Ages 54 and 52. Will 3% be OK going forward? Throw it all out there. I'd like to hear both sides. Currently living on interest and dividends, which is about 2.2% Are we sacrificing lifestyle enjoyment for paranoia, or a just a sense of safety? If you want a guarantee, buy a SPI...
by White Coat Investor
Wed Nov 06, 2019 8:55 pm
Forum: Personal Investments
Topic: Worth it to rush a Backdoor Roth by EOY?
Replies: 12
Views: 719

Re: Worth it to rush a Backdoor Roth by EOY?

I'd received some feedback here earlier this year that we might be good candidates for a Backdoor Roth. There's been a few more pressing priorities that we've been dealing with this year that have kept me from getting into the details of it (consolidating a number of dispersed retirement accounts),...
by White Coat Investor
Wed Nov 06, 2019 12:22 pm
Forum: Personal Investments
Topic: choosing between VTSAX and VTI
Replies: 17
Views: 1186

Re: choosing between VTSAX and VTI

My flip-but-serious advice is this. Decide based on how you do investing now. If you are already holding individual stocks in your brokerage account, and you are used to trading stocks, then you will probably be happier and more comfortable using an ETF, in this case VTI. If you are accustomed to u...
by White Coat Investor
Tue Nov 05, 2019 12:23 am
Forum: Personal Investments
Topic: Those who buy SOME individual stocks, where do you put them?
Replies: 12
Views: 983

Re: Those who buy SOME individual stocks, where do you put them?

Those who buy SOME individual stocks (as 5% - 10% of your overall holdings, etc.)... . How do you determine whether to put them in taxable or non-taxable? Is it random? Is it how long you intend to hold them? My question particularly is around $WM, $BEP and $BRK.B, three holdings I wish to independ...
by White Coat Investor
Tue Nov 05, 2019 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Tax on LLC Partnership Income
Replies: 6
Views: 501

Re: Tax on LLC Partnership Income

I recently found Bogleheads through a google search and have been spending hours every week digesting the material out here. Great source of Info. Thank you all. Have a quick question regarding taxation. Both of us have full time jobs with a gross combined income around 300K (~38 year old) We max o...
by White Coat Investor
Tue Nov 05, 2019 12:18 am
Forum: Personal Investments
Topic: [Why is VMMXX (Prime Money Market) ER so high?]
Replies: 27
Views: 3266

Re: [Why is VMMXX (Prime Money Market) ER so high?]

My DW asked me why the Vanguard MM fund has a higher expense ratio than all our other Vanguard funds? After stumbling around for an answer that sounded plausible I finally admitted I didn't know but I'd post on BH and find out. So, is it harder to administer a MM fund than a stock or bond index fun...
by White Coat Investor
Tue Nov 05, 2019 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Legally employing a personal assistant?
Replies: 44
Views: 2688

Re: Legally employing a personal assistant?

Just hire them as a contractor/virtual assistant and pay them directly. They're in business for themselves so it gets you out of all the employer hassles. You're hiring their business not them. Unless she's doing personal services for a bunch of other people & has her own EIN, she would not pass th...
by White Coat Investor
Tue Nov 05, 2019 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 110
Views: 5816

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

I am one of the "warn-ers". My warning is only for the mega back door Solo 401k (so far). This is because I think most ordinary solo 401k users are using mainstream plan providers that also do plan administration. This could be complete ignorance on my part, but that is how I currently understand i...
by White Coat Investor
Mon Nov 04, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Legally employing a personal assistant?
Replies: 44
Views: 2688

Re: Legally employing a personal assistant?

Just hire them as a contractor/virtual assistant and pay them directly. They're in business for themselves so it gets you out of all the employer hassles. You're hiring their business not them.
by White Coat Investor
Sun Nov 03, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: How far can/should I go leveraging on rental properties?
Replies: 21
Views: 1751

Re: How far can/should I go leveraging on rental properties?

The pros keep the leverage to 60-70% generally, 75% max. I'd follow their lead if I were you. That'll usually keep you cash flow positive which will allow you to ride out downturns and let time heal all wounds as it tends to in real estate. Personally, I'd pay off all my consumer debt before I bough...
by White Coat Investor
Sun Nov 03, 2019 1:18 am
Forum: Personal Finance (Not Investing)
Topic: Medical Marijuana & Term Life?
Replies: 15
Views: 1825

Re: Medical Marijuana & Term Life?

In states where marijuana is legal for both medical and recreational use, how does a medical card holder (for low back pain and sleep/mild anxiety aid) impact Term Life Insurance rates if the applicant is otherwise perfectly healthy, non tobacco smoker in late 30s? Searches online show most offer t...
by White Coat Investor
Fri Nov 01, 2019 1:52 pm
Forum: Personal Investments
Topic: Origin Investments
Replies: 7
Views: 550

Re: Origin Investments

Anyone have experience with these guys? I am considering investing in their Opportunity Zone Fund as I have a large unavoidable capital gain this year and am in the 23.8% cap gains bracket. Even though the gain is larger I'm not willing to put more than $100k into something like this and there aren...
by White Coat Investor
Thu Oct 31, 2019 11:18 pm
Forum: Personal Investments
Topic: Origin Investments
Replies: 7
Views: 550

Re: Origin Investments

Anyone have experience with these guys? I am considering investing in their Opportunity Zone Fund as I have a large unavoidable capital gain this year and am in the 23.8% cap gains bracket. Even though the gain is larger I'm not willing to put more than $100k into something like this and there aren...
by White Coat Investor
Mon Oct 28, 2019 12:45 am
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20449

Re: I’m done with index funds

If you are replicating the S&P 500 you are still indexing. I personally believe that direct replication will be the next big innovation, after mutual funds and ETFs. Exactly. You're just running your own index fund. It's really a shame that mutual funds can't pass through harvested losses. Not quit...
by White Coat Investor
Sun Oct 27, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Urgent Care Billing Question: what's a "long" doctor's visit?
Replies: 25
Views: 2811

Re: Urgent Care Billing Question: what's a "long" doctor's visit?

I recently had to visit urgent care due to flu-like symptoms causing bad wheezing. The visit itself was very quick and efficient, which was fine by me, but the bill has arrived and it's for a 'doctor's visit -- long.' I saw the doctor for maybe five or ten minutes. (Looked in ears, throat, coughed,...
by White Coat Investor
Sun Oct 27, 2019 7:45 pm
Forum: Personal Consumer Issues
Topic: Urgent Care Billing Question: what's a "long" doctor's visit?
Replies: 25
Views: 2811

Re: Urgent Care Billing Question: what's a "long" doctor's visit?

I recently had to visit urgent care due to flu-like symptoms causing bad wheezing. The visit itself was very quick and efficient, which was fine by me, but the bill has arrived and it's for a 'doctor's visit -- long.' I saw the doctor for maybe five or ten minutes. (Looked in ears, throat, coughed,...
by White Coat Investor
Sun Oct 27, 2019 7:28 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20449

Re: I’m done with index funds

If you are replicating the S&P 500 you are still indexing. I personally believe that direct replication will be the next big innovation, after mutual funds and ETFs. Exactly. You're just running your own index fund. It's really a shame that mutual funds can't pass through harvested losses. Not quit...
by White Coat Investor
Fri Oct 25, 2019 12:13 pm
Forum: Personal Consumer Issues
Topic: Anybody use a battery-powered snowblower?
Replies: 33
Views: 1766

Re: Anybody use a battery-powered snowblower?

Don't cheap out on this item, that's my advice. Get a real, dual-stage gas powered snowblower. Yes it costs more and takes up more space and is loud, but when you need a snowblower, you need a real one. As a counter-point, your location matters dramatically to what type of snow-clearing device to g...
by White Coat Investor
Fri Oct 25, 2019 10:01 am
Forum: Personal Consumer Issues
Topic: Anybody use a battery-powered snowblower?
Replies: 33
Views: 1766

Re: Anybody use a battery-powered snowblower?

Hi Bogleheads - A few years ago I was seriously considering buying a snowblower, and in fact I started a thread here on that subject. Ultimately I didn't get around to buying one, but now I'm sure I will. I'm currently thinking about a battery-powered one. Anybody have any experience with these thi...
by White Coat Investor
Fri Oct 25, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Another how much mortgage can I afford post.
Replies: 34
Views: 2557

Re: Another how much mortgage can I afford post.

Age - 36 Wife - 35 Four Kids, I have a very stable job. Wife stays home. Income -$400,000 - a few years now. Recently paid off student loans !!! Current mortgage - $2,100. $330k remaining Probable equity after fees - $275k Spend $10,000 per month including mortgage. $7,000 goes into 401k, IRA, VTSA...
by White Coat Investor
Thu Oct 24, 2019 8:19 pm
Forum: Investing - Theory, News & General
Topic: "Invest In The Largest Mutual Fund In The World" World:
Replies: 17
Views: 2651

Re: "Invest In The Largest Mutual Fund In The World" World:

VTSAX is also my favorite mutual fund.

I thought WSP had started blogging again (he seems to have quit in February) but it was just a republication/update of a prior post. Maybe that means he's starting up again. I hope so. It was a promising blog.
by White Coat Investor
Thu Oct 24, 2019 4:08 pm
Forum: Personal Investments
Topic: Should I have money in a taxable account for retirement spending diversification?
Replies: 20
Views: 1303

Re: Should I have money in a taxable account for retirement spending diversification?

Given the plethora of exceptions to the age 59 1/2 rule, I would be VERY hesitant to pass up on a retirement account contribution in order to invest in a taxable account, especially if you're already in your 50s. Google SEPP rule and you'll likely feel pretty reassured about that approach.
by White Coat Investor
Thu Oct 24, 2019 1:07 pm
Forum: Personal Investments
Topic: Fido Customer - Fidelity Total Market vs Vanguard Total Market
Replies: 28
Views: 1782

Re: Fido Customer - Fidelity Total Market vs Vanguard Total Market

rocketsrule wrote:
Thu Oct 24, 2019 10:53 am


Is it ok to mix total market types?
Yes. These differences are very minimal. Do what is most convenient for you on this subject.
by White Coat Investor
Thu Oct 24, 2019 12:56 pm
Forum: Personal Investments
Topic: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.
Replies: 93
Views: 10825

Re: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.

...The #1 good reason not to carry a mortgage - if the thought of having a mortgage keeps you awake at night. In which case maybe you shouldn't have gotten a mortgage in the first place. I believe that Ambien and an aggressive AA will produce better financial results... https://www.healthline.com/h...
by White Coat Investor
Tue Oct 22, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 110
Views: 5816

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

I am one of the "warn-ers". My warning is only for the mega back door Solo 401k (so far). This is because I think most ordinary solo 401k users are using mainstream plan providers that also do plan administration. This could be complete ignorance on my part, but that is how I currently understand i...
by White Coat Investor
Mon Oct 21, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 110
Views: 5816

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

Yes, I think I'm an exception. But I don't feel like I'm on my own any more than I was with the Vanguard i401(k). Probably less. And yes, that's the post. I understand that you do your own taxes. Did you find any difficulty documenting the after-tax contribution and the Roth conversion? I think I s...
by White Coat Investor
Mon Oct 21, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 110
Views: 5816

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

Yes, I think I'm an exception. But I don't feel like I'm on my own any more than I was with the Vanguard i401(k). Probably less.

And yes, that's the post.
by White Coat Investor
Mon Oct 21, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 15166

Re: I bought a STOLEN vehicle!!!

Bummer. You did more than I would have upon purchasing it. Interestingly...I just bought an Altima a few months ago...from a sketchy appearing private seller. Luckily I'll only be out $800, $795.37 if you include the change in the ashtray.
by White Coat Investor
Mon Oct 21, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 110
Views: 5816

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

Hi Bogleheads, In a recent post, I asked if anyone used Solo401k.com (i.e. the Nabers Group) for their self-directed solo 401k. Only one person (@Peter12) had used Solo401k.com. SO, I wanted to broaden my search to other popular self-directed 401K plan providers: MySolo401k.com and DiscountSolo401k...
by White Coat Investor
Wed Oct 16, 2019 12:57 pm
Forum: Personal Investments
Topic: How can I beat Vanguard Prime Money Market Fund in retirement account?
Replies: 22
Views: 3461

Re: How can I beat Vanguard Prime Money Market Fund in retirement account?

Vanguard Prime Money Market Fund's 7 day SEC yield is 1.96%. Its average maturity is ~45 days Treasure Bills, Brokered CDs, AA/AAA Bonds all with 6 months or less are yielding less than 1.96%. How can I beat Vanguard Prime Money Market Fund in retirement account where I don't have access to Vanguar...
by White Coat Investor
Wed Oct 16, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Improving Withdrawal Rates in a Low-Yield World
Replies: 21
Views: 1096

Re: Improving Withdrawal Rates in a Low-Yield World

Interesting take on a topic that gets brought up frequently in the forum: Decreased real bond yields substantially increase failure rates for portfolios with an initial 4% withdrawal rate. One way to increase the safe withdrawal rate of a portfolio is to decrease the allocation to bonds and to incr...
by White Coat Investor
Tue Oct 15, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Home appraisal 8% less sq ft than listing
Replies: 42
Views: 2602

Re: Home appraisal square ft less than Seller Listing

I'd be mad too. Probably worth a chat with a real estate attorney this week to find out how strong your case is.

If you're really mad, forfeit your deposit and walk away. Given it is already October they'll probably lose more than they gained from the deposit.
by White Coat Investor
Tue Oct 15, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Need help !!! US or Canadian universities?
Replies: 56
Views: 3439

Re: Need help !!! US or Canadian universities?

Econberkeley wrote:
Tue Oct 15, 2019 12:27 pm
I can easily lower my income by leaving work, but if I have multi million dollar networth, what can I do to hide it?
Read the FAFSA, lots of assets don't count toward it.
by White Coat Investor
Tue Oct 15, 2019 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Need help !!! US or Canadian universities?
Replies: 56
Views: 3439

Re: Need help !!! US or Canadian universities?

First time posting a question, seeking your advice for me to make decision. Thanks in advance. My only son will be graduating from high school next year, right now we are researching colleges. He likes going to Cornell, one of the costly college in the nation with annual tuition about $57k, plus ab...
by White Coat Investor
Mon Oct 14, 2019 3:37 pm
Forum: Personal Consumer Issues
Topic: Is Utah the most convenient "Out West" destination for East Coast skiers?
Replies: 42
Views: 4557

Re: Is Utah the most convenient "Out West" destination for East Coast skiers?

Utah is terrible. Expensive, awful inversions, mean locals, bad food, lousy accomodations, no snow, bitterly cold temperatures, lifts that break down all the time, expensive, inconvenient parking, too many snowboarders, and yetis. Stay away. I've heard that. :evil: Utah is convenient direct from th...
by White Coat Investor
Sun Oct 13, 2019 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 Social Security Maximum Taxable Earnings $137,700
Replies: 39
Views: 5109

Re: 2020 Social Security Maximum Taxable Earnings $137,700

There has been a lot of information about the 2020 SS COLA of 1.6%. What has not been mentioned in the SSAs same day release of 2020 SS changes from the CPI-U release on 10/10/2019. Is that those changes also included an increase in the Maximum Taxable Earnings from $132,900 (2019) to $137,700 (202...
by White Coat Investor
Sun Oct 13, 2019 9:35 pm
Forum: Personal Consumer Issues
Topic: 1 week camping tour, Phoenix-El Paso, suggestions?
Replies: 21
Views: 1207

Re: 1 week camping tour, Phoenix-El Paso, suggestions?

I am renting a basic camper in Phoenix and taking a week to get to El Paso (where I meet a friend and head down to Big Bend). I will be looking for decent hiking, some interesting food experiences, and having some interactions with residents. Does anyone have some ideas of where to stop along the w...
by White Coat Investor
Sun Oct 13, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 Social Security Maximum Taxable Earnings $137,700
Replies: 39
Views: 5109

Re: 2020 Social Security Maximum Taxable Earnings $137,700

There has been a lot of information about the 2020 SS COLA of 1.6%. What has not been mentioned in the SSAs same day release of 2020 SS changes from the CPI-U release on 10/10/2019. Is that those changes also included an increase in the Maximum Taxable Earnings from $132,900 (2019) to $137,700 (202...
by White Coat Investor
Sat Oct 12, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy - Use paid up amount to pay off loan?
Replies: 15
Views: 790

Re: Whole Life Policy - Use paid up amount to pay off loan?

schrute wrote:
Fri Sep 27, 2019 4:15 pm


I don't have kids so some policy is better than none.
I disagree. It seems to me if no one else depends on your income that none is better than some.
by White Coat Investor
Sat Oct 12, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy - Use paid up amount to pay off loan?
Replies: 15
Views: 790

Re: Whole Life Policy - Use paid up amount to pay off loan?

I have a whole life policy of $50K that my family gave to me (had since birth). The annual payment is like $650. There's a loan on the account of about $7K, paid up addition cash value of $8K, cash value of $~9K and total cash value of $17K. If I pay off the loan then I just pay the premium of like...