Search found 14628 matches

by White Coat Investor
Tue Sep 22, 2020 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Physicians: Should I leave my job?
Replies: 207
Views: 15752

Re: Physicians: Should I leave my job?

I'm 36 years old and finished residency a little over a year ago and took the highest paying job I could find. I graduated with no debt as I had a side business that earned me around 100k/year throughout medical school and residency. I've done well in terms of making money from work, but not in ter...
by White Coat Investor
Sun Sep 20, 2020 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Challenging a physician's bill
Replies: 82
Views: 5361

Re: Challenging a physician's bill

Ahhh...the problems of being in an industry where you don't collect your payment up front or at the time of service. Now nobody is happy. Patient mad because he got a bill and lousy care. Doctor mad because he didn't get paid and forced to try to see patients in 8 minutes. And the insurance company ...
by White Coat Investor
Sun Sep 20, 2020 8:41 pm
Forum: Investing - Theory, News & General
Topic: If I buy into an ETF/Mutual Fund, are new shares generated?
Replies: 6
Views: 450

Re: If I buy into an ETF/Mutual Fund, are new shares generated?

Yes. The fund (and thus you indirectly) owns the shares. However, the second your $1000 goes in the fund has what it had a second ago plus $1,000 in cash. So everyone else in the fund owns a little less stock and a little more cash. That is rectified the next day (or even at the same time) when some...
by White Coat Investor
Sun Sep 13, 2020 12:19 pm
Forum: Personal Investments
Topic: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million
Replies: 76
Views: 7541

Re: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million

Hi Boggleheads, Recently I’ve accumulated 50K to invest and have finally pulled the trigger on investing it into stocks, options, and bonds. I’m seeking advice as far as an ultra aggressive approach as I am willing to risk a majority of it for some short term gains. As stated before, I’ve accumulat...
by White Coat Investor
Fri Sep 11, 2020 10:13 pm
Forum: Personal Investments
Topic: Good evening Hello To everyone
Replies: 4
Views: 715

Re: Good evening Hello To everyone

Welcome! Yes, this is a good place to get advice. I wouldn't necessarily assume the same from a Fidelity advisor. If you can find your way here, you can likely learn to do this yourself. Are you interested in that?
by White Coat Investor
Thu Sep 10, 2020 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 11575

Re: Should we buy a $3M+ house with parental help?

bubbadog wrote: Thu Sep 10, 2020 4:44 pm If anyone wanted to gift me 1-1.5 million dollars, I wouldn't turn them down.
Exactly. You can certainly afford a $1.5M mortgage which is what would be left after putting the gift down.
by White Coat Investor
Thu Sep 10, 2020 12:20 am
Forum: Personal Consumer Issues
Topic: How to watch Football (NFL/NCAA) this Season ?
Replies: 21
Views: 1353

Re: How to watch Football (NFL/NCAA) this Season ?

Hi BH Sports Fan, Is YoutubeTV the best way to watch all NFL and Collage Football games online/streaming ? I had YouTube TV but paused it when they increased the fee from 55 to 65. Are these any other options ? If not, I will resume my YTTV. Thanks again! ps: I thought Sling is a good option but no...
by White Coat Investor
Tue Sep 01, 2020 3:20 pm
Forum: Personal Consumer Issues
Topic: Undergrad College List
Replies: 64
Views: 4441

Re: Undergrad College List

I am asking this question for a girl in high school. Does this undergrad college list make sense? Undergrad application plan: - GPA: 4.35/5.00 - SAT practice tests: 1510 - AP 11th plan: 3, Statistics, Biology and History. - AP 12th plan: 5, BC Calculus, Physics, Psychology, English and Spanish. - C...
by White Coat Investor
Tue Sep 01, 2020 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity sent information packet about my Solo 401k to my wife
Replies: 28
Views: 3333

Re: Fidelity sent information packet about my Solo 401k to my wife

celia wrote: Tue Sep 01, 2020 2:29 pm
White Coat Investor wrote: Tue Sep 01, 2020 8:08 am Lots of retirement account transactions (withdrawals, rollovers) require the approval of your legal spouse. Did you do one of those?
Do you also need approval of your illegal spouse?
I'll have to check with her.
by White Coat Investor
Tue Sep 01, 2020 3:13 pm
Forum: Personal Investments
Topic: 0% student loan interest rate and suspension of payments on federal student loans
Replies: 32
Views: 2424

Re: 0% student loan interest rate and suspension of payments on federal student loans

On Aug. 8, 2020, President Trump extended the 0% student loan interest rate and suspension of payments on federal student loans owned by the Department of Education until Dec. 31, 2020. Does anyone have any suggestions as to what I should do with the money I was paying monthly on these loans in the...
by White Coat Investor
Tue Sep 01, 2020 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity sent information packet about my Solo 401k to my wife
Replies: 28
Views: 3333

Re: Fidelity sent information packet about my Solo 401k to my wife

Almost three years ago, in Dec. 2017, I opened a solo 401k at Fidelity. Today out of the blue, Fidelity sent "The Fidelity Retirement Plan Supplemental Information Document" referencing my solo 401k account number to my wife. What the heck. Stranger still, the date on the letter is over a month ago...
by White Coat Investor
Mon Aug 31, 2020 10:12 pm
Forum: Personal Investments
Topic: Preferred stock in place of bonds: Burton Malkiel
Replies: 11
Views: 793

Re: Preferred stock in place of bonds: Burton Malkiel

I figure if you're going to take risk on fixed income, might as well do it with real estate debt investments where there is a property to foreclose on. Throughout all the madness we've experienced this year, Jim, I'm very curious to know how your real estate investments are holding up. Surprisingly...
by White Coat Investor
Mon Aug 31, 2020 9:05 pm
Forum: Personal Investments
Topic: Preferred stock in place of bonds: Burton Malkiel
Replies: 11
Views: 793

Re: Preferred stock in place of bonds: Burton Malkiel

I listened to a recent MorningStar podcast where Burton Malkiel was interviewed. It was a great podcast. The topic of low yield environment came up and Dr. Malkiel suggested investing in preferred stocks rather than bonds (and that the investor must take more risk) to get a better yield than curren...
by White Coat Investor
Mon Aug 31, 2020 9:04 pm
Forum: Investing - Theory, News & General
Topic: Investors Were Warned.
Replies: 171
Views: 14288

Re: Investors Were Warned.

And that is why I buy and hold ITOT. It’s the entire market and has plenty of international exposure for my tastes. itot since inception 1/20/2004 underperformed VTSAX (vanguard's total stock market index fund): https://i.postimg.cc/tTG6GYfH/Capture.jpg source: http://quotes.morningstar.com/chart/f...
by White Coat Investor
Mon Aug 31, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: Investors Were Warned.
Replies: 171
Views: 14288

Re: Investors Were Warned.

I'm looking forward to pulling this thread back up in 5 or 10 years when SV is the best performing asset class and LG has been underperforming for a while. It has swung back and forth for decades and likely will again. The same kind of post could have been made about international stocks, but they'l...
by White Coat Investor
Mon Aug 31, 2020 10:58 am
Forum: Personal Consumer Issues
Topic: So, I was playing Pickleball and Amazon sent me an offer
Replies: 87
Views: 7273

Re: So, I was playing Pickleball and Amazon sent me an offer

Between games of Pickleball yesterday, I check my phone, and Amazon had sent me an ad for Pickleball paddles. We've owned the paddles we have for more than a year, and neither my wife and I have done any searches for paddles lately. Did Amazon software somehow check the GPS on my phone, recognize I...
by White Coat Investor
Sat Aug 29, 2020 2:18 pm
Forum: Investing - Theory, News & General
Topic: If you invest in REITs, are you sticking with VNQ/VGSLX or getting selective
Replies: 21
Views: 3022

Re: If you invest in REITs, are you sticking with VNQ/VGSLX or getting selective

VNQ. But I do own some private real estate funds that have adopted REIT status in response to the 199A deduction. I am still massively confused as to why buy the ETF and not the MF. Is it just personal choice? Is it because ETF is a bit more tax efficient. Using this example, why would I choose one...
by White Coat Investor
Fri Aug 28, 2020 7:22 pm
Forum: Investing - Theory, News & General
Topic: SEC adds sophistication to list of accredited investor types
Replies: 31
Views: 3092

Re: SEC adds sophistication to list of accredited investor types

"Will you be seeking out private equity opportunities as a result of this change?" No, absolutely not. I would never, ever consider investing in anything other than broad U.S. mutual funds (VTSAX/VFIAX). Additionally: 1. I do not consider $1 million USD anywhere near high net worth. Not even close....
by White Coat Investor
Fri Aug 28, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: SEC adds sophistication to list of accredited investor types
Replies: 31
Views: 3092

Re: SEC adds sophistication to list of accredited investor types

Under current legal rules, an investor can usually only invest in non-public securities like private equity funds if the investor is an "accredited investor." For individuals like you and me, being an accredited investor typically requires either high net worth ($1M w/o home equity) or high income ...
by White Coat Investor
Fri Aug 28, 2020 9:42 am
Forum: Investing - Theory, News & General
Topic: Whose being naughty and keeping some dry powder around?
Replies: 110
Views: 9235

Re: Whose being naughty and keeping some dry powder around?

I'm bored out of my mind doing nothing. How to get excitement ? In my experience, beginning investors have trouble staying the course at market lows, intermediate investors have trouble staying the course at market highs, and experienced investors just stay the course. Take from that what you will....
by White Coat Investor
Fri Aug 28, 2020 9:42 am
Forum: Investing - Theory, News & General
Topic: Whose being naughty and keeping some dry powder around?
Replies: 110
Views: 9235

Re: Whose being naughty and keeping some dry powder around?

I'm pumping any leftover money into my settlement fund to try to market time some bargain buying when/if a large correction occurs. Still maxing out my 401k/ira and not changing my normal taxable auto-investment. I know it's dumb but with TSM at a price to book of 3.3, I can't see plowing every las...
by White Coat Investor
Fri Aug 28, 2020 9:41 am
Forum: Investing - Theory, News & General
Topic: A Beater Truck and a FAT 401k...
Replies: 104
Views: 10285

Re: A Beater Truck and a FAT 401k...

Agree with the sentiment, but I worry if people sometimes take the whole junker thing too far. I picked up my dream car and got hit by a reckless driver literally a week into it. Was kicking myself, wishing I had kept my 20 yr old Corolla, right up until I got a phone call to come back to the hospi...
by White Coat Investor
Thu Aug 27, 2020 9:01 am
Forum: Investing - Theory, News & General
Topic: Whose being naughty and keeping some dry powder around?
Replies: 110
Views: 9235

Re: Whose being naughty and keeping some dry powder around?

I'm pumping any leftover money into my settlement fund to try to market time some bargain buying when/if a large correction occurs. Still maxing out my 401k/ira and not changing my normal taxable auto-investment. I know it's dumb but with TSM at a price to book of 3.3, I can't see plowing every las...
by White Coat Investor
Tue Aug 25, 2020 8:14 am
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

How about stocks and real estate? Rebalancing between asset classes with unequal returns over the investment time period merely controls risk (and likely lowers returns). Rebalancing between asset classes with equal returns provides a bonus (and controls risk). Sometimes investing in non-correlatin...
by White Coat Investor
Tue Aug 25, 2020 8:12 am
Forum: Personal Consumer Issues
Topic: Low Earner... Creative ways to own a Tesla Model 3?
Replies: 101
Views: 7688

Re: Low Earner... Creative ways to own a Tesla Model 3?

Two weekends ago, I finally drove a Tesla Model 3 (Turo rental)... I get the hype now! I'm completely sold on Tesla's mission and I want in! It's been 2 weeks and I can't stop obsessing about the car (maybe this will fade with time) Problem is I'm a low earner (75k), 36 years old, retirement ~115k ...
by White Coat Investor
Mon Aug 24, 2020 8:07 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

Interestingly, if your assets all have similar high returns, there is a bonus. Consider a portfolio that is 1/3 US stocks, 1/3 intl stocks, and 1/3 real estate. It's the presence of bonds or other low return asset classes that prevent the presence of a bonus. Hm. What gave you this idea? I just ran...
by White Coat Investor
Mon Aug 24, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Are emergency funds for suckers?
Replies: 202
Views: 15738

Re: Are emergency funds for suckers?

Money is money. Money is fungible. If you can pay for an emergency without having an emergency fund, then that means you have money that is not in an emergency fund. That's all there is to it. One doesn't need 3 to 20 blog articles to tell you that. Exactly. You need a plan, not an emergency fund. ...
by White Coat Investor
Mon Aug 24, 2020 8:49 am
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

Interestingly, if your assets all have similar high returns, there is a bonus. Consider a portfolio that is 1/3 US stocks, 1/3 intl stocks, and 1/3 real estate. It's the presence of bonds or other low return asset classes that prevent the presence of a bonus. Hm. What gave you this idea? I just ran...
by White Coat Investor
Sat Aug 08, 2020 1:44 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

So there's no bonus and the rebalancing method you use to control risk doesn't matter. Sounds like the same story we've been hearing for years about rebalancing. Oh yeah, nothing really new here, many of us found the same thing using their own private spreadsheet (myself included a few years ago). ...
by White Coat Investor
Sat Aug 08, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates: What's the Big Deal?
Replies: 69
Views: 5054

Re: Negative Interest Rates: What's the Big Deal?

I've seen this movie before and I know how it ends. Those who stuck with typical bonds and cash preserved their value when it all came crashing down. Those who reached for yield lost more in principal than they gained in additional interest prior to the crash. #historymaynotrepeatbutitcertainlyrhymes
by White Coat Investor
Sat Aug 08, 2020 12:33 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

So there's no bonus and the rebalancing method you use to control risk doesn't matter. Sounds like the same story we've been hearing for years about rebalancing.
by White Coat Investor
Sat Aug 08, 2020 12:30 pm
Forum: Investing - Theory, News & General
Topic: Anyone else hoarding cash right now?
Replies: 201
Views: 21489

Re: Anyone else hoarding cash right now?

I stopped investing in my taxable back in March and can't bring myself to start again. I'm still investing automatically in my 401k. I'm just holding onto my cash in case of a worst case scenario if society collapses and I need liquid funds. I don't mean the case where you'd have to live in a bunke...
by White Coat Investor
Sat Aug 08, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: Silver: The Forgotten Precious Metal?
Replies: 88
Views: 4869

Re: Silver: The Forgotten Precious Metal?

Lately, we've seen a lot of threads about gold, which isn't surprising since it's up 32.5% YTD (as measured by GLD). But almost no one here ever talks about silver, even though it's far outperformed gold YTD with a 55.8% YTD return (as measured by SLV). Let me make it crystal clear that I'm not rec...
by White Coat Investor
Fri Aug 07, 2020 6:18 pm
Forum: Personal Consumer Issues
Topic: Mosquitos! Mosquitos! Mosquitos!
Replies: 124
Views: 9127

Re: Mosquitos! Mosquitos! Mosquitos!

I'm reading a book now about mosquitoes. The diseases they carry, primarily malaria, are the number one killer of mankind. (Mankind comes in second). Did you know that mosquitoes can take half the blood of a young caribou in less than two hours? Interesting stuff. And as far as we can tell, there is...
by White Coat Investor
Fri Aug 07, 2020 4:20 pm
Forum: Personal Investments
Topic: Social Security as my Bond Fund?
Replies: 70
Views: 3624

Re: Social Security as my Bond Fund?

I am and will continue to use social security as my so called bonds portion of diversification in investing. Rest of my money is Vanguard Index funds, and farm real estate we lease out. With the main vanguard fund being VITAX for the last 3 years. I am 60 years old now, going to fully retire in 2 y...
by White Coat Investor
Fri Aug 07, 2020 2:49 pm
Forum: Investing - Theory, News & General
Topic: Questions for Rick Ferri and Paul Merriman?
Replies: 62
Views: 6461

Re: Questions for Rick Ferri and Paul Merriman?

I'm recording a podcast with Rick Ferri and Paul Merriman in a few days. The topic is fairly non-specific, mostly factor investing. What questions would you like to hear them answer/debate? Why is a for-profit LLC allowed to advertise their podcasts on here? As near as I can tell, said LLC never me...
by White Coat Investor
Fri Aug 07, 2020 8:09 am
Forum: Personal Finance (Not Investing)
Topic: I was recently given a 14% raise and...
Replies: 47
Views: 6602

Re: I was recently given a 14% raise and...

Apologies for the "humble brag" post, but I learned megacorp is giving me a 14% raise which is set to take effect next month, which will translate to a little under $1k/mo incremental net after taxes. Which surprised me as I know most companies are hoarding cash and furloughing/laying off, so I was...
by White Coat Investor
Mon Aug 03, 2020 10:26 am
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 279
Views: 14842

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

Rick, thanks for doing these podcasts. One suggestion is to add a brief description of what the topics being discussed will be to the text. I usually do, but in this case I wanted people to actually listen to the podcast FIRST, before jumping to conclusions and flaming this board because we discuss...
by White Coat Investor
Mon Aug 03, 2020 12:22 am
Forum: Personal Finance (Not Investing)
Topic: I was recently given a 14% raise and...
Replies: 47
Views: 6602

Re: I was recently given a 14% raise and...

Apologies for the "humble brag" post, but I learned megacorp is giving me a 14% raise which is set to take effect next month, which will translate to a little under $1k/mo incremental net after taxes. Which surprised me as I know most companies are hoarding cash and furloughing/laying off, so I was...
by White Coat Investor
Sun Aug 02, 2020 12:10 am
Forum: Personal Consumer Issues
Topic: Does a couple really "need" an SUV?
Replies: 222
Views: 11662

Re: Does a couple really "need" an SUV?

Maybe I am weird but who needs a truck more than once a year unless is very heavy into gardening and construction work? People who do fun stuff instead of just sitting around watching TV and drinking beer? Drinking beer is the opposite of fun? :mrgreen: There are plenty of fun stuff to do without t...
by White Coat Investor
Sat Aug 01, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: REIT's and Rick Ferri
Replies: 97
Views: 17576

Re: REIT's and Rick Ferri

We have a significant amount of REITs in our portfolio as recently retired seniors (late '60's). In my opinion, REITs behave more like bonds in that no matter what their price, most still provide dividends, and very good ones at that. The price of the REIT is more connected with total return (equit...
by White Coat Investor
Sat Aug 01, 2020 8:49 pm
Forum: Personal Consumer Issues
Topic: Does a couple really "need" an SUV?
Replies: 222
Views: 11662

Re: Does a couple really "need" an SUV?

Starfish wrote: Sat Aug 01, 2020 8:45 pm Maybe I am weird but who needs a truck more than once a year unless is very heavy into gardening and construction work?
People who do fun stuff instead of just sitting around watching TV and drinking beer?
by White Coat Investor
Sat Aug 01, 2020 8:48 pm
Forum: Personal Consumer Issues
Topic: Does a couple really "need" an SUV?
Replies: 222
Views: 11662

Re: Does a couple really "need" an SUV?

I understand all situations are different. However, I'm wondering how often the average suburban couple (no kids at home) actually "needs" an SUV. I am looking for personal experiences from similarly situated people and how inconvenient not having one would be. I'm imagining the SUV would be used r...
by White Coat Investor
Sat Aug 01, 2020 8:46 pm
Forum: Personal Consumer Issues
Topic: Cyclists...where are you getting your masks?
Replies: 65
Views: 5675

Re: Cyclists...where are you getting your masks?

If you breath easy in a mask, it’s not doing much. Depends on whether you're trying to prevent getting COVID (in which case you should get an N95) or keep from spreading it. Cloth masks are effective at slowing the spread. You just need to get them on the person with COVID. And when you don't know ...
by White Coat Investor
Sat Aug 01, 2020 8:44 pm
Forum: Personal Consumer Issues
Topic: Cyclists...where are you getting your masks?
Replies: 65
Views: 5675

Re: Cyclists...where are you getting your masks?

I have a hard enough time walking through the parking lot in 90-118 degrees with a mask. Couldn't imagine working out in a mask. My running has been mask-free so far. I hear ya, honestly the last few times I’ve been biking I’m seeing more and more bikers wearing them. I’m starting to feel self cons...
by White Coat Investor
Sat Aug 01, 2020 8:40 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 279
Views: 14842

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, Sorry, I don't see any glory in valiantly marketing life insurance. The quote was referring to Rick, who actually uses his ...
by White Coat Investor
Sat Aug 01, 2020 10:03 am
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 279
Views: 14842

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

Why is every one beating up on Rick? And Pfau too? If you want Pfau's answer to your questions, ask them yourself on your own podcast or just by emailing him. Some of those acting like Monday morning quarterbacks and anonymous critics in this thread might want to think about an apology to Rick for s...
by White Coat Investor
Sat Aug 01, 2020 8:23 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio: Is He Saying Bonds Are Done?
Replies: 67
Views: 6922

Re: Ray Dalio: Is He Saying Bonds Are Done?

OP, A more interesting question to you is Is your investment strategy based on your ability to predict the future? A) Yes. Why do you think you can predict the future? B) No. Why should you care about any prediction about the future? You are prepared for any possibility, it won't matter to you. So,...
by White Coat Investor
Sat Aug 01, 2020 8:22 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio: Is He Saying Bonds Are Done?
Replies: 67
Views: 6922

Re: Ray Dalio: Is He Saying Bonds Are Done?

Perhaps this has been posted elsewhere, but in this July 2nd video, it seems that Ray Dalio is saying that "bonds are done". And that "it's different this time" or that "the Fed has jumped the shark". So should I give up on fixed income and only invest in equities now? https://www.youtube.com/watch...