Search found 13969 matches

by White Coat Investor
Sat Sep 14, 2019 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: > 6 months medical leave
Replies: 9
Views: 948

Re: > 6 months medical leave

Hello, I've been on medical leave from a major California university for nearly 6 months. A letter from my dept. HR indicates that the university may or may not allow me to be on leave after 6 months. I called the HR coordinator to clarify. She indicated that at 6 months, HR and my dept. manager wo...
by White Coat Investor
Sat Sep 07, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Why Risk-Profile Questionnaires Don’t Work
Replies: 48
Views: 3393

Re: Allan Roth: Why Risk-Profile Questionnaires Don’t Work

In fairness, determining a proper asset allocation is the most important and yet most difficult decision for an investor to make. I don't think it's the most important. I would put savings rate way ahead in terms of importance. You might be right. But it's hard for savings rate to overcome the low ...
by White Coat Investor
Thu Sep 05, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 158
Views: 13649

Re: How risky is Med school student loan debt?

It depends on how you plan on paying it off, but there's lots of data from companies that track this every year. The latest 2019 report I found can be viewed here: https://weatherbyhealthcare.com/blog/medical-school-debt-report-2019 It shows that 65% of physicians who graduated before 2015 are stil...
by White Coat Investor
Thu Sep 05, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you receive out-of-sequence pay bumps?
Replies: 56
Views: 3069

Re: How often do you receive out-of-sequence pay bumps?

For mid-career folks, how often do you receive out of sequence pay bumps? i.e., most of us receive an annual raise, and I am not talking about those because those are loosely based on inflation and allow one to simply maintain their lifestyle. What I'm referring to is an increase in salary that off...
by White Coat Investor
Thu Sep 05, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 158
Views: 13649

Re: How risky is Med school student loan debt?

It shows that 65% of physicians who graduated before 2015 are still carrying debt. A whopping 32% has over a quarter million in debt! Why is this a surprise? Half the docs who graduated in 2015 are still in residency and the other half barely got out. It's totally reasonable for a doc who graduated...
by White Coat Investor
Thu Sep 05, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 158
Views: 13649

Re: How risky is Med school student loan debt?

I see lots of posts from Docs on this site with mounds of student loans, and following that mounds of income. How many people end up saddled with 150k+ debt but miss out on the high income jobs afterwards? Depends on where you go to medical school. If you go to a U.S. MD school, essentially zero, p...
by White Coat Investor
Thu Sep 05, 2019 11:30 am
Forum: Personal Investments
Topic: ERs Too Bad to Invest?
Replies: 5
Views: 695

Re: ERs Too Bad to Invest?

You know you're not stuck with your employer's chosen HSA right? You can roll it into your own HSA once a year or so I believe. Those in the know are using Fidelity or Lively these days. Super low costs and great investment options.
by White Coat Investor
Thu Aug 29, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

They're both going to be named in the suit. Don't you know anything about malpractice? :) And the hospital and the ER group and the teleneurology group.... :oops: I was surprised to see your comments about stroke therapy. I've seen many remarkable saves now with the latest clot retrieval devices. L...
by White Coat Investor
Thu Aug 29, 2019 1:26 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

They're both going to be named in the suit. Don't you know anything about malpractice? :) And the hospital and the ER group and the teleneurology group.... :oops: I was surprised to see your comments about stroke therapy. I've seen many remarkable saves now with the latest clot retrieval devices. L...
by White Coat Investor
Thu Aug 29, 2019 1:15 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

WOW. Last time I checked I couldn't exam an acute abdomen through the internet. I couldn't even examine an ear. So how is the guy examining someone in the ICU or with a stroke. "Show me your teeth" "Raise your right arm and hold it up for 10 seconds. Yes, like Heil Hitler." "Nurse, can you poke him...
by White Coat Investor
Wed Aug 28, 2019 1:17 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

I could be wrong but I would assume that a "complicated, sick patient" would not choose to use telemedicine (self selection), or if they did their physician would recommend they see someone in person. I don't have a serious condition, so I'm planning to use a telemedicine PCP. Ideal for me. Efficie...
by White Coat Investor
Wed Aug 28, 2019 1:14 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

I could be wrong but I would assume that a "complicated, sick patient" would not choose to use telemedicine (self selection), or if they did their physician would recommend they see someone in person. I don't have a serious condition, so I'm planning to use a telemedicine PCP. Ideal for me. Efficie...
by White Coat Investor
Tue Aug 27, 2019 2:56 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

I could be wrong but I would assume that a "complicated, sick patient" would not choose to use telemedicine (self selection), or if they did their physician would recommend they see someone in person. I don't have a serious condition, so I'm planning to use a telemedicine PCP. Ideal for me. Efficie...
by White Coat Investor
Tue Aug 27, 2019 2:56 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

I'm looking forward to this. I guess I'll just set a computer terminal on the triage desk out in the waiting room. :) Seriously though, until you've watched someone attempt to care for a complicated, sick patient via telemedicine, you might think this is a viable alternative. I assure you it really...
by White Coat Investor
Mon Aug 26, 2019 7:07 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

Just a matter of time before MDLIVE or some one else will use doctors overseas at a fraction the cost. What is stopping an app in India to provide medical consulting to anyone in the world. Doctors Without Borders indeed. I'm looking forward to this. I guess I'll just set a computer terminal on the...
by White Coat Investor
Mon Aug 26, 2019 7:04 pm
Forum: Personal Consumer Issues
Topic: out of network emergency visits. Huge bill!!!
Replies: 156
Views: 13112

Re: out of network emergency visits. Huge bill!!!

fru-gal wrote:
Tue Apr 30, 2019 4:19 pm
staythecourse wrote:
Tue Apr 30, 2019 12:44 pm
A kidney stone (yes I know how painful) is not an emergency.
I think it's pretty clear that if one is in unbearable pain, about to be rendered unconscious, etc, that that is an emergency.
Unbearable is in the eye of the beholder, and often not particularly impressive.
by White Coat Investor
Sun Aug 25, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Any males in their late 40’s recently shop life insurance?
Replies: 29
Views: 3199

Re: Any males in their late 40’s recently shop life insurance?

My husband, age 47, purchased 30 year term insurance around 10 years ago. He has 750,000 coverage for $1000/year. That was the preferred rate. My insurance cost $361/year for a million dollars for comparison. I do know woman pay less but I feel like we pay so much for so little but don’t really kno...
by White Coat Investor
Sun Aug 25, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 152
Views: 9303

Re: The cost to talk to a doctor

Just a matter of time before MDLIVE or some one else will use doctors overseas at a fraction the cost. What is stopping an app in India to provide medical consulting to anyone in the world. Doctors Without Borders indeed. I'm looking forward to this. I guess I'll just set a computer terminal on the...
by White Coat Investor
Sat Aug 24, 2019 5:40 pm
Forum: Personal Consumer Issues
Topic: Amazon -- no longer the lowest prices, evidently
Replies: 120
Views: 12363

Re: Amazon -- no longer the lowest prices, evidently

I had someone ask how to buy my book since they are boycotting Amazon. I told them that Amazon is the book's printer so if they really want to boycott them they won't be reading my book. I didn't realize it was a cool thing to boycott Amazon these days.
by White Coat Investor
Sat Aug 24, 2019 12:19 pm
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 56
Views: 4592

Re: Responding to a CP2000 Notice

I received a CP2000 Notice recently. I have figured out the reason for the problems and prepared a response. I have read here that a faxed response reaches the correct unit in IRS the fastest and would like to fax my response. However, I am not sure that this will create proof that I responded in t...
by White Coat Investor
Sat Aug 24, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Asset location: bonds belong in taxable
Replies: 70
Views: 6891

Re: Asset location: bonds belong in taxable

Although I agree with the math calculations for the original given situation, I think other things are more important than where bond interest should appear . First, for someone who has taxable, tax-deferred, and Roth, it is usually best to put stocks in Roth first. Then put international stocks (t...
by White Coat Investor
Sat Aug 24, 2019 11:27 am
Forum: Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 71
Views: 11414

Re: Age 92 Dad Wants to Boost stocks

This board is so predictable. I knew before reading there would be the usual "don't tell old folks what to do" replies. Concerns about cognitive impairment should be a fairly inoffensive suggestion, given the high incidence of dementia in 92 year olds as noted above! That said 50/50 isn't gonna mak...
by White Coat Investor
Sat Aug 24, 2019 9:11 am
Forum: Personal Investments
Topic: Sudden infusion of cash “problems”
Replies: 26
Views: 2330

Re: Sudden infusion of cash “problems”

Prettyfrtnt wrote:
Fri Aug 23, 2019 9:27 pm
40 years old. No debt.

200k mortgage on 1 million house
?

Why do people think a mortgage isn't debt? This is not uncommon, but I find it fascinating that some debt routinely gets excluded.
by White Coat Investor
Tue Aug 20, 2019 10:14 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 43950

Re: Anyone disenchanted with retirement?

This post is not for me. I still have over 2 decades to retire. Only wanted to get something out. I am sick of the rat race! I want to get out of it as soon as possible! My job is not stressful, commuting is relatively short, my boss is nice, I work on spreadsheets and I love spreadsheets! But man,...
by White Coat Investor
Tue Aug 20, 2019 6:30 pm
Forum: Personal Investments
Topic: When to use Municipal Bonds over Total Bond Market investments?
Replies: 4
Views: 714

Re: When to use Municipal Bonds over Total Bond Market investments?

megabad wrote:
Tue Aug 20, 2019 5:17 pm
When the tax equivalent yield on municipal bonds is higher than the alternative given similar credit and duration risks.
Exactly. It's a pretty easy calculation. If muni yield > taxable yield * (1-marginal tax rate) then buy munis.
by White Coat Investor
Tue Aug 20, 2019 5:20 pm
Forum: Investing - Theory, News & General
Topic: Confused, bummed, and concerned
Replies: 74
Views: 10489

Re: Confused, bummed, and concerned

3% US real, 4% Developed real, 6% Emerging real. Probably consensus expected returns are in that ballpark. You might want to tilt away from US megacap and own some gold/gold miners. Why would you buy stocks instead of the rental property down the street if you really thought you were only going to ...
by White Coat Investor
Tue Aug 20, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: What are your thoughts on USAA for checking? Insurance? Banking in general?
Replies: 44
Views: 2178

Re: What are your thoughts on USAA for checking? Insurance? Banking in general?

Good morning, Quick points. 1. I currently have Bank of America 2. Truthfully, B of A has been pretty good. But, they did kind of change the rules on me and charged me about $75 in fees for having a savings account and not keeping the minimum balance. I was not aware of this new rule change. Initia...
by White Coat Investor
Mon Aug 19, 2019 8:57 pm
Forum: Investing - Theory, News & General
Topic: Asset location: bonds belong in taxable
Replies: 70
Views: 6891

Re: Asset location: bonds belong in taxable

There are two forces working here and you have to weigh them against each other. A stocks in tax protected approach gives you a higher tax protected to taxable ratio. A bonds in tax protected approach bleeds less to taxes each year. At very low interest rates, the first wins. At higher interest rat...
by White Coat Investor
Fri Aug 16, 2019 9:12 pm
Forum: Investing - Theory, News & General
Topic: When should I invest on Vanguard margin?
Replies: 24
Views: 1596

Re: When should I invest on Vanguard margin?

Dear Bogleheads, I am a young investor interested in rationally and safely increasing my exposure to stocks on margin during a potential, future (very) down market. What sort of mechanical rule could I set up to invest on margin at Vanguard while reducing the risk of being margined-out (and having ...
by White Coat Investor
Fri Aug 16, 2019 8:57 pm
Forum: Personal Consumer Issues
Topic: BravoCon 2019 sold out in 1 minute
Replies: 8
Views: 913

Re: BravoCon 2019 sold out in 1 minute

Bravo is having a convention in NYC. Tickets went on sale Tuesday at 10 am. By 10:01 they were sold out. How can that be? They could not possibly get all the huge number of buyers information in that short time. Did they presale to brokers before the public sale. Anybody else experience this with o...
by White Coat Investor
Fri Aug 16, 2019 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a break in your 50s: Is it the kiss of death?
Replies: 86
Views: 8336

Re: Taking a break in your 50s: Is it the kiss of death?

The post about increasing responsibilities at work with no increase in pay has been on my mind for a few days because it resonates with me a lot. I'm becoming disillusioned with my job and past posts will show this isn't the first time this has occurred. I tend to be the "work before fun" kind of p...
by White Coat Investor
Fri Aug 16, 2019 2:36 pm
Forum: Personal Investments
Topic: AA on real estate for overall portfolio?
Replies: 20
Views: 1196

Re: AA on real estate for overall portfolio?

Tyler Aspect wrote:
Thu Aug 15, 2019 1:53 pm
From what I know commercial real-estate generates similar return to stocks, but with less tax efficiency
Let me introduce you to my friends depreciation, 1031 exchange, and step-up in basis at death.
by White Coat Investor
Fri Aug 16, 2019 2:34 pm
Forum: Personal Investments
Topic: AA on real estate for overall portfolio?
Replies: 20
Views: 1196

Re: AA on real estate for overall portfolio?

Greetings all. I wanted to ask a question here, as this forum has been incredibly helpful to me for years now. So many wise folks willing to share their time and wisdom! I have a big picture question regarding real estate as a portion of an overall portfolio. To give a bit of background, here's a t...
by White Coat Investor
Fri Aug 16, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: Asset location: bonds belong in taxable
Replies: 70
Views: 6891

Re: Asset location: bonds belong in taxable

retiredjg wrote:
Fri Aug 16, 2019 8:43 am
White Coat Investor wrote:
Thu Aug 15, 2019 11:04 pm
The post had a follow-up post. No one ever seems to link to that one though, and I'm not allowed to.
Why not?
See above.
by White Coat Investor
Fri Aug 16, 2019 11:32 am
Forum: Investing - Theory, News & General
Topic: Asset location: bonds belong in taxable
Replies: 70
Views: 6891

Re: Posting Rules

Jim Dahle: I am not a moderator but I think it is perfectly acceptable to copy any of your articles from your website and put them in a Boglehead post. In my opinion, the personal finance articles on your White Coat Investor website are among the best to be found anywhere! Best wishes. Taylor Thank...
by White Coat Investor
Thu Aug 15, 2019 11:31 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 25248

Re: Larry Swedroe: Small Value Stocks are Cheap

I like Bogleheads. But with all due respect their continued infatuation with Total Stock Market Index after 30 years of underperformance relative to long term treasuries from 1982-2012 reminds me of the description of people getting married for third or fourth time, a triumph of hope over experienc...
by White Coat Investor
Thu Aug 15, 2019 11:24 pm
Forum: Investing - Theory, News & General
Topic: Asset location: bonds belong in taxable
Replies: 70
Views: 6891

Re: Asset location: bonds belong in taxable

Dr. Jim Dahle, who runs the White Coat Investor site and is a regular poster here, argued the same thing years ago . That article made the mistake which the OP in this thread avoided, counting Roth and taxable accounts at equal value; putting stocks in a Roth IRA gives higher expected return but al...
by White Coat Investor
Thu Aug 15, 2019 11:07 pm
Forum: Personal Investments
Topic: Did I do a smart or dumb thing
Replies: 20
Views: 3241

Re: Did I do a smart or dumb thing

The only criticism I have is you seem to be a "jump first, plan later" type of person. While that's great because it helps people get started, it can sometimes be costly. So I would make a written investing plan, THEN implement it, especially in a taxable account where there are significant costs t...
by White Coat Investor
Thu Aug 15, 2019 11:04 pm
Forum: Investing - Theory, News & General
Topic: Asset location: bonds belong in taxable
Replies: 70
Views: 6891

Re: Asset location: bonds belong in taxable

Dr. Jim Dahle, who runs the White Coat Investor site and is a regular poster here, argued the same thing years ago . That article made the mistake which the OP in this thread avoided, counting Roth and taxable accounts at equal value; putting stocks in a Roth IRA gives higher expected return but al...
by White Coat Investor
Thu Aug 15, 2019 4:41 pm
Forum: Personal Investments
Topic: Did I do a smart or dumb thing
Replies: 20
Views: 3241

Re: Did I do a smart or dumb thing

The only criticism I have is you seem to be a "jump first, plan later" type of person. While that's great because it helps people get started, it can sometimes be costly. So I would make a written investing plan, THEN implement it, especially in a taxable account where there are significant costs to...
by White Coat Investor
Wed Aug 14, 2019 11:11 pm
Forum: Personal Investments
Topic: VTIAX TLH Partner Fund
Replies: 8
Views: 406

Re: VTIAX TLH Partner Fund

Other options too, particularly if you use ETFs or get less particular about your exact match (i.e. Dev Markets Index Fund). But first stop is definitely its twin fund, the FTSE EX-US fund.
by White Coat Investor
Wed Aug 14, 2019 11:10 pm
Forum: Investing - Theory, News & General
Topic: Confused, bummed, and concerned
Replies: 74
Views: 10489

Re: Confused, bummed, and concerned

Hi all and thanks for reading, Since getting my undergrad degree and subsequent first job 2 years ago, I immediately delved into the topic of personal finance to better understand investing/not blowing my paycheck every other week and letting my lifestyle increase. (Doing a good job of this overall...
by White Coat Investor
Wed Aug 14, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 25248

Re: Larry Swedroe: Small Value Stocks are Cheap

Per Madsinger's latest, a slice and dice (tilted) portfolio outperforms a 3 fund and just 500 index since 1999 and is even with the 3 fund since 2009. Yea, it's crummy over the last 5 years, but the long term data is still in its favor. https://www.bogleheads.org/forum/viewtopic.php?p=4694551#p46945...
by White Coat Investor
Wed Aug 14, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Family Practice going member only Pros & Cons?
Replies: 53
Views: 3285

Re: Family Practice going member only Pros & Cons?

With several friends who are concierge doctors, their goal is to generally get away from the red tape and paperwork. They don't make more money, but they are able to practice without insurance telling them what they can and cannot do. It also lowers their overhead since they don't have to hire a ro...
by White Coat Investor
Wed Aug 14, 2019 12:13 pm
Forum: Personal Consumer Issues
Topic: Family Practice going member only Pros & Cons?
Replies: 53
Views: 3285

Re: Family Practice going member only Pros & Cons?

This is just what happens when you combine a free market with medicine. Those with money get a great product/service. Those without do not. There are pluses and minuses both ways, but your view of it likely depends on whether you have money or not. The truth is that health care in our country is rat...
by White Coat Investor
Tue Aug 13, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Use Vanguard MM Prime for cash rather than local bank?
Replies: 69
Views: 7095

Re: Use Vanguard MM Prime for cash rather than local bank?

We have too much money in our bank's checking accounts that pay little or no interest. We are thinking of minimizing the amounts in these accounts and instead using Vanguard MM Prime to hold cash that we do not need on a day-to-day basis since MM Prime pays 2% or more. The only problem we foresee i...
by White Coat Investor
Tue Aug 13, 2019 5:23 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 25248

Re: Larry Swedroe: Small Value Stocks are Cheap

I think he's probably right, but I'm not going to bet my entire portfolio on it.
by White Coat Investor
Mon Aug 12, 2019 6:35 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 15396

Re: Wellesley 56.05% drop today

yohac wrote:
Mon Aug 12, 2019 5:48 pm
Obviously a mistake, but such things don't exactly fill you with confidence.
I've had it happen with many investment companies besides Vanguard.
by White Coat Investor
Mon Aug 12, 2019 6:34 pm
Forum: Investing - Theory, News & General
Topic: Why are 34 of 37 Vanguard Bond funds showing no price change today
Replies: 5
Views: 739

Re: Why are 34 of 37 Vanguard Bond funds showing no price change today

Gremlins. Those of us who don't check very often don't notice these things.