Search found 13202 matches

by White Coat Investor
Tue Aug 21, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 87
Views: 4131

Re: Excessive Emergency Room Charges - Options?

Those dollar amounts seem pretty standard for emergency room charges. I thought they sounded pretty cheap. I kept reading waiting for the excessive charges to appear. It would appear the OP has no idea what emergency care costs. You know that little ultrasound probe they used to do your ultrasound?...
by White Coat Investor
Tue Aug 21, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 88
Views: 8756

Re: Is a million really the benchmark for retirement

I mean, I look at my past and I did most things, "right" including saving early and often, right from when I was out of college, but I am just not going to get there at my current pace. I can see where I did two things "wrong." The first is I was buying into mutual funds with high costs until a few...
by White Coat Investor
Tue Aug 21, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 87
Views: 4131

Re: Excessive Emergency Room Charges - Options?

Those dollar amounts seem pretty standard for emergency room charges. I thought they sounded pretty cheap. I kept reading waiting for the excessive charges to appear. It would appear the OP has no idea what emergency care costs. You know that little ultrasound probe they used to do your ultrasound?...
by White Coat Investor
Tue Aug 21, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Giving away donation receipts
Replies: 22
Views: 1362

Re: Giving away donation receipts

We in addition do small charitable things such as donating a 20 dollars worth bag of clean used clothes, a $100 ticket to a charity event, that sort of things. These now aren’t deductible. What are your thoughts on my giving the receipt for these things to a friend or family member that can itemize...
by White Coat Investor
Tue Aug 21, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Another approach to bonds
Replies: 19
Views: 1599

Re: Another approach to bonds

I've tried rebalancing, but I live in a high-tax state and selling the total stock fund to by IT bonds gets expensive. (I sold all my S&P fund in 2009, tax-loss harvested, and bought right back into the Total Stock Market fund, so my capital gains in stock have been appreciable.) I've tried to main...
by White Coat Investor
Tue Aug 21, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 94
Views: 9099

Re: The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me as big a story as the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is so...
by White Coat Investor
Tue Aug 21, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 163
Views: 16624

Re: Bonds in Taxable

My own situation involves high current taxes (about 43% marginal combined), then expected low taxes in retirement (maybe zero) due mostly because the vast majority of my holdings are basis (sadly) and I anticipate doing t401K to Roth conversions during early retirement. Is there a spreadsheet float...
by White Coat Investor
Fri Aug 10, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 94
Views: 9099

Re: The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me as big a story as the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is so...
by White Coat Investor
Tue Jul 31, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 163
Views: 16624

Re: Bonds in Taxable

People should try to understand the concepts behind this discussion and apply it to their own situation. There is just too much chance of "bias of the familiar" in any broad statements that relate to the tax code. That's an excellent point. One also must keep this in mind when reading articles and ...
by White Coat Investor
Mon Jul 30, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 163
Views: 16624

Re: Bonds in Taxable

People should try to understand the concepts behind this discussion and apply it to their own situation. There is just too much chance of "bias of the familiar" in any broad statements that relate to the tax code. That's an excellent point. One also must keep this in mind when reading articles and ...
by White Coat Investor
Mon Jul 30, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 2955

Re: The Guy with the Weird Portfolio

Why are you making so many big bets? You must be much more confident in your crystal ball than I am in mine. Why not share the reasoning behind each piece of your portfolio and see if we can help you shoot some holes in your reasoning. If we can't, you'll be much more confident in your plan. If we c...
by White Coat Investor
Fri Jul 27, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: "4 Reasons Why We Overcomplicate Investing"
Replies: 30
Views: 5038

Re: "4 Reasons Why We Overcomplicate Investing"

“As I tell people, if you can’t explain your investing strategy to an 8-year old, you’re doing something wrong.” This is the final line and a test I think we need to pass. Those that can, really do understand what they are doing. I guess I'd counter that with: "Make things as simple as possible, bu...
by White Coat Investor
Wed Jul 25, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Crowdfunding real estate TAXES
Replies: 4
Views: 891

Re: Crowdfunding real estate TAXES

All, I'm thinking about commercial real estate investment through Realty Shares or Mogul. Can someone please share experience with out-of state taxes for individual and/or private reit investments? I use turbo tax. Thank you. B=- You generally do not have to file out of state taxes for debt deals b...
by White Coat Investor
Tue Jul 24, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: "4 Reasons Why We Overcomplicate Investing"
Replies: 30
Views: 5038

Re: "4 Reasons Why We Overcomplicate Investing"

Bogleheads: AARP has an excellent article about the importance of Simplicity written by Boglehead advisor, Allan Roth, CPA, CFA. These are excerpts: "Though investing should be simple, simplicity can be quite difficult. There are powerful forces in play that compel us to overcomplicate." "With a Va...
by White Coat Investor
Mon Jul 23, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 6899

Re: Families - What's your total annual credit card spend?

Just for reference, I'm curious what you married-with-kids bogleheads are spending on your combined total credit card expenses each year? The last couple years DW + I have been in the $40-$45K range. Seems high to me when I look at it, though we do have 3 kids and put everything we can on CCs, incl...
by White Coat Investor
Tue Jul 17, 2018 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 6899

Re: Families - What's your total annual credit card spend?

Just for reference, I'm curious what you married-with-kids bogleheads are spending on your combined total credit card expenses each year? The last couple years DW + I have been in the $40-$45K range. Seems high to me when I look at it, though we do have 3 kids and put everything we can on CCs, incl...
by White Coat Investor
Thu Jul 05, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: Tipping at non sit down places
Replies: 94
Views: 8203

Re: Tipping at non sit down places

Another Bogleheads tip thread. I'm not sure why we can't resist these.

If I've got to stand in line to get the food, carry it to my table, and bus my own table, what would I be tipping for? You want a tip? Do at least one of those things for me.
by White Coat Investor
Mon Jul 02, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Need Your Feedback on 100% VTSAX
Replies: 39
Views: 3804

Re: Need Your Feedback on 100% VTSAX

Hello, Thank you for all your answer to my questions during July 2017. After some research (bogleheads and JLCollins) and additional savings, I have decided to invest $55K in VTSAX (Admiral) over the course of the next three months. After that, I will be adding $1700 of monthly salary towards this ...
by White Coat Investor
Mon Jul 02, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 206
Views: 33694

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I read the book yesterday. Well worth the read even if none of it would be new to an experienced Boglehead. I'll be running a review of it on my blog in a few weeks.
by White Coat Investor
Sun Jul 01, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 4949

Re: Do you own just 5% of anything?

Like the title says: what [asset or fund] do you own that makes up less than 5% of your portfolio and why? For this discussion let's avoid mentioning stocks of individual companies (boring) or funds that happen to make up less than 5% of your portfolio that are nearly identical to other funds you o...
by White Coat Investor
Sun Jul 01, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Just joined the workforce with $400k in student debt: can you review my financial plan?
Replies: 14
Views: 2425

Re: Just joined the workforce with $400k in student debt: can you review my financial plan?

Hi all, thank you in advance for your help, I am grateful. I am a 30 y/o single person who finished med school one year ago and have finished my first of 3 years of residency (post-med school training in which I'm paid 54k). I'm living extremely frugally and attempting to put money in the right pla...
by White Coat Investor
Fri Jun 29, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7181

Re: Yes, It’ll Happen - Jonathan Clements

I think Bogleheads sometimes forget that they're not Jonathan's target audience.
by White Coat Investor
Fri Jun 29, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 103
Views: 7228

Re: Can I buy a Tesla?

Sounds like there is a consensus I "can" buy a tesla. But a number of you seem to think I shouldn't. For those you who think I should "live like a resident" and wait to buy, what would be a target NW where you would feel comfortable advising me to pull the trigger? $500k? $1M? I'd say $1M, but I'm ...
by White Coat Investor
Fri Jun 29, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: What is your debt interest rate threshold?
Replies: 57
Views: 3525

Re: What is your debt interest rate threshold?

I'm in debt. Mortgage @ 3.25% Student Loan @ 1.6% DW Student Loans @ 3.61%, 4.41%, 4.04%, and 5.06% Car @ 1.65% My question is... at what interest rate do people feel its more worthwhile to invest rather than pay down the debt? When does the opportunity cost outweigh the loan fee? I don't have any ...
by White Coat Investor
Tue Jun 26, 2018 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Second malpractice insurance necessary?
Replies: 27
Views: 2594

Re: Second malpractice insurance necessary?

I know we have quite a few physicians at bogleheads and I just wanted to get some thoughts. My current malpractice policy provided by my hospital covers only up to $1 million per claim. In NJ, my home and taxable accounts aren't protected but my ira and 401k are. I can't do a large individual 401k ...
by White Coat Investor
Fri Jun 22, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 85
Views: 5920

Re: Surprise - Costco sells - but does not install vehicle batteries

That's what I get for trusting Google. Carsdirect.com says 15 lbs. https://www.carsdirect.com/car-maintenance/car-battery-weight-average-weight-expectations-for-popular-models They say some are 6-7. But they're apparently talking about empty ones. They admit the full ones are more. So, you win, I lo...
by White Coat Investor
Fri Jun 22, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 85
Views: 5920

Re: Surprise - Costco sells - but does not install vehicle batteries

I guess I'd argue if you can't install a battery maybe you shouldn't be driving a car. If you are young and strong, this might be valid. If you are elderly, or have a bad back, lifting a 30 to 40 lb. battery in and out of a car might not be possible. That's a heck of a battery. Most are 15 lbs. The...
by White Coat Investor
Thu Jun 21, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 85
Views: 5920

Re: Surprise - Costco sells - but does not install vehicle batteries

Glad I checked before I went there - surprised that Costco does not install car batteries. :( Uhhhhh..... two bolts and maybe a wingnut? I guess I'd argue if you can't install a battery maybe you shouldn't be driving a car. I put it in the same category as checking the oil and filling the gas tank,...
by White Coat Investor
Thu Jun 21, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Behind the 8-Ball at 36
Replies: 13
Views: 3257

Re: Behind the 8-Ball at 36

36 is young and you're wrong to think you have nothing. You almost have a military pension which likely has a value of over a million bucks. Lots of doctors come out of training in their mid 30s with a net worth of negative $500K.
by White Coat Investor
Mon Jun 18, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: What companies followed Vanguard to no-load???
Replies: 13
Views: 1102

Re: What companies followed Vanguard to no-load???

There were no-load funds before Vanguard and there are still many load funds today. Most mainstream fund families went mostly no-load 20-25 years ago. Loads were not the primary Vanguard innovation, index funds were. Retail index funds I guess, but I'd say the primary Vanguard innovation was the mu...
by White Coat Investor
Sun Jun 17, 2018 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Rule of 55 is it official?
Replies: 50
Views: 9912

Re: Rule of 55 is it official?

My understanding also. Retire at 55 and have a company 401K and keep that 401k with CO, you can withdraw Tax free--if you retire after 55. I am counting on this for me. I have: 1) Tax account--anytime -55 2) 401k - 55 3) IRA - 59.5 4) SSN - 62 So my retirement is based on this. Retiring abroad. Tha...
by White Coat Investor
Tue Jun 12, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 5240

Re: How do you celebrate (potty trained kid) milestone with your spouse?

#1 child is now potty trained. My wife did an incredible job with it and the kid is still happy. (My involvement was not insignificant but she carried the heaviest load) Without going into detail, the task was sufficiently arduous that I’d like to mark the milestone in a meaningful way. How do you ...
by White Coat Investor
Sun Jun 10, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: “Day to kill” in Venice Italy
Replies: 51
Views: 3581

Re: “Day to kill” in Venice Italy

Hello all In a few days we will be departing on a rick steves’ 10day best of Venice, Florence and Rome tour. For context, “we” consists of me, DW and our 16 yo DD and 17 yo DS. I’ve gotten several suggestions to get there a day early in case there are any travel issues so we are. We will have rough...
by White Coat Investor
Tue Jun 05, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Home Reno, your objective opinion please.
Replies: 34
Views: 3001

Re: Home Reno, your objective opinion please.

Hi, Long time lurker first time poster. My family is looking to add an extension to our house. Hoping to get some third party opinions from the wise people on this forum. Renovation estimated cost is 960,000.. But what construction job ever stays on budget... right? Furniture is another expense tha...
by White Coat Investor
Mon Jun 04, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 18588

Re: Don’t cheat yourself with the 4% rule

willthrill81 wrote:
Mon Jun 04, 2018 5:42 pm
Telling retirees reliant on their portfolios for income to spend even more in 2009 than they did in 2008 would fly like a 200 ton boulder and for good reason.
Sometimes boulders fly:

https://www.deseretnews.com/article/865 ... vered.html
by White Coat Investor
Mon Jun 04, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 17566

Re: Top Shelf Liquor Overrated?

I bought a bottle and discovered that it was a typical wholesale bourbon sold by many distilleries to commercial bottlers. There are many more labels for booze than there are distilleries. DMW Yes, this is a huge trap to watch out for. Always read the label of a new bottle you are buying, especiall...
by White Coat Investor
Sat Jun 02, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: Asset Location Gets REALLY Complex [Tax-ajusted asset allocation]
Replies: 21
Views: 2264

Re: Asset Location Gets REALLY Complex

This is exactly the right conclusion. It IS complicated and it DOESN'T matter much, at least at these low interest rates.
by White Coat Investor
Wed May 30, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 139
Views: 17414

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

It's kind of fun to NEVER have to worry about the pay off debt or invest question again. Although I guess there is always the question of "should I borrow to buy this or just pay cash for it." I often wonder why more folks don't suggest saving beforehand in order to pay cash for their home, rather ...
by White Coat Investor
Wed May 30, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 18317

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

novemberrain wrote:
Wed May 30, 2018 6:11 pm

2. We are an upper middle class family when my kids apply for college (i.e. a few million dollar net worth).
Where does upper class start again? Funny thing about Americans, no matter our socioeconomic status, we all think we're middle class.
by White Coat Investor
Tue May 29, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: Cruise ships for multi-generational family
Replies: 61
Views: 3466

Re: Cruise ships for multi-generational family

Question: what are good cruise line options for people who don't like cruises? Much to my chagrin, my parents want to do a family trip on a cruise ship next year. Ages range from late 60's (parents) = 2, 6 of adult children (spouses included), and 4 kids (2-12yo). Total of 12. Half of the adult kid...
by White Coat Investor
Tue May 29, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 139
Views: 17414

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

You can split the difference if you wish and pay half the mortgage off and put the rest in your AA. I did that. Twice. Then I no longer had a mortgage so I guess no more splitting the difference after that. It's kind of fun to NEVER have to worry about the pay off debt or invest question again. Alt...
by White Coat Investor
Tue May 29, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 299
Views: 30872

Re: The Side Hustle

missingdonut wrote:
Tue May 29, 2018 9:37 am
barnaclebob wrote:
Tue May 29, 2018 9:21 am
Side hustle is just a glorified name for a second job.
I'd make a distinction in saying that a side hustle is generally self-employed in nature rather than being a job.
I guess I have two side hustles and no jobs then. :)
by White Coat Investor
Thu May 24, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14656

Re: The Millionaire Next Door and civil servants

I believe that White Coat Investor says that around 20% of M.D.s at age 60 have a net worth under $300k, barely more than the median household net worth for 65-69 year olds in the U.S. Last survey I looked at showed 24% of physicians over 65 have a net worth under $1M. There was one two years ago t...
by White Coat Investor
Wed May 23, 2018 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 5332

Re: I've never budgeted sucessfully

Budgeting is a lot of work, but it's a commitment to your financial future.
by White Coat Investor
Wed May 23, 2018 10:32 pm
Forum: Investing - Theory, News & General
Topic: Morningstar's new posting rules
Replies: 16
Views: 1318

Re: Morningstar's new posting rules

I thought we all left Morningstar a decade ago. Are some of you still going over there?
by White Coat Investor
Tue May 22, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 5178

Re: How do you stop moving the goal posts.

Most of my life I have achieved things by setting goals, achieving them (hopefully) then moving the goal posts and essentially starting the process over. I have used this method to keep myself engaged at work, athletically and in my financially life. Now as I approach retirement I am wondering how ...
by White Coat Investor
Tue May 22, 2018 12:35 am
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1676

Re: Riding from the mountains of Slovenia to the mountains of Italy

That area is so pretty this time of year. Deserted too as its between seasons. It rained a bit everyday. There was some sun, but mostly clouds. Rarely got a view of peaks clear of clouds. More than one local said early September was the best time to visit. It is deserted, unless the Giro d’Italia i...
by White Coat Investor
Mon May 21, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1676

Re: Riding from the mountains of Slovenia to the mountains of Italy

Raybo wrote:
Mon May 21, 2018 12:01 am
I’m sitting in a fabulous house in the Dolomite town of Venas di Cadore, about 15 miles south of Cortina in Northern Italy. There are stunning, bare rock peaks in every direction, though often obscured by clouds.
That area is so pretty this time of year. Deserted too as its between seasons.
by White Coat Investor
Sun May 20, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Young Doctor Couple - Starting Work, Starting to Invest
Replies: 31
Views: 3075

Re: Young Doctor Couple - Starting Work, Starting to Invest

Emergency funds: 15k (3-4 months living expenses) Cash Ready to Invest: 15-20k (our combined savings from college and medical school years) Debt: 260k - paid for my medical school, the wife had her parents pay Tax Filing Status: Married filing Sep for Income-driven repayment reasons Marginal Tax Ra...
by White Coat Investor
Sun May 20, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9737

Re: Dave Ramsey it or keep low interest debt

I have 3 debts as follows 20k car loan - 0% 38k car loan - 1.9% 226k mortgage - 3.625% Annual income 255k Fully funded emergency fund (6 months) Right now I save 86k annually. Should I continue saving as is (via 401k, Roth, taxable) or save less to knock out these very low interest loans? I know th...