Search found 13784 matches

by White Coat Investor
Wed Jun 19, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Are you a member of nextdoor.com? Any concerns registering your info?
Replies: 64
Views: 4949

Re: Are you a member of nextdoor.com? Any concerns registering your info?

BogleFanGal wrote:
Wed Jun 19, 2019 10:09 am
No need to mansplain. :twisted:
I'm sorry I tried to clarify my earlier comments. I won't bother next time. I'll just delete them and go away for a few weeks.
by White Coat Investor
Tue Jun 18, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Am I a Boglehead?
Replies: 31
Views: 2458

Re: Am I a Boglehead?

Can I call myself a Bogleheads? I’m a big fan of Vanguard and Jack Bogle, but I don’t follow his asset allocation recommendations. My portfolio is 100% Vanguard S&P 500 ETF (VOO). I never sell, just buy more every month. My wife and I plan to live off the dividend income, and pass the portfolio to ...
by White Coat Investor
Fri Jun 14, 2019 2:41 pm
Forum: Personal Consumer Issues
Topic: Universal Studio, LA - Ollivanders Wand Shop worth it
Replies: 23
Views: 2798

Re: Universal Studio, LA - Ollivanders Wand Shop worth it

Hi, Anyone recently been to Universal Studio, LA. I am reading that Ollivanders Wand Shop should be the first one to visit and but a want with is like $25 and $48 and then to do the arry Potter and the Forbidden Journey. Is buying the wand worth it and waste the time standing in the line? Apart fro...
by White Coat Investor
Thu Jun 13, 2019 8:14 pm
Forum: Personal Investments
Topic: Does an Advisors AUM fee also include assets in your 401k that they advise on?
Replies: 24
Views: 2049

Re: Does an Advisors AUM fee also include assets in your 401k that they advise on?

mchampse wrote:
Mon Jun 03, 2019 6:57 pm
Asking the advisor is the only way that you are going to know for certain. I’m sure some do and some don’t.
Exactly just ask.

It's important to do the math each year if you use an AUM charging advisor to make sure you're still getting more value than you're paying in fees.
by White Coat Investor
Thu Jun 13, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: How to move with bags inside JFK (official) long term parking lot?
Replies: 10
Views: 964

Re: How to move with bags inside JFK (official) long term parking lot?

What I normally do (since I travel with a kid as well) is drop off my wife / kid / luggage at the main terminal and then go to park the car. Adds a few more minutes, but saves the hassle of trying to maneuver around the airport, with luggage/kids/etc. In theory, your wife can check in when you drop...
by White Coat Investor
Wed Jun 12, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: How to move with bags inside JFK (official) long term parking lot?
Replies: 10
Views: 964

Re: How to move with bags inside JFK (official) long term parking lot?

What I normally do (since I travel with a kid as well) is drop off my wife / kid / luggage at the main terminal and then go to park the car. Adds a few more minutes, but saves the hassle of trying to maneuver around the airport, with luggage/kids/etc. In theory, your wife can check in when you drop...
by White Coat Investor
Tue Jun 11, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 36822

Re: For those who earn $500k+ per year. How'd you do that?

Physician is a known path... entrepreneurship is another path Both worked well for me. While I never actually made $500K+ as a doc, the pathway to get there from where I was to there was easy to see. A few more shifts, more night shifts, slightly higher patient per hour ratio or slightly better pay...
by White Coat Investor
Mon Jun 10, 2019 11:55 pm
Forum: Personal Consumer Issues
Topic: My bicycle ride from Florence, Italy to Bern, Switzerland [Pictures added]
Replies: 50
Views: 4019

Re: First few days of my bicycle ride from Florence, Italy to Bern, Switzerland

I don’t camp so I have arranged to go via Sestriere, Briancon, Bourg d’Oisens, Grenoble, Albertville, Chamonix as it is possible to find lodging every night on this route. There is more than one pass and I don’t know all their names. Bourg d'Oisans! Are you going to try Alpe d'Huez? Thanks for the ...
by White Coat Investor
Mon Jun 10, 2019 11:54 pm
Forum: Investing - Theory, News & General
Topic: G fund
Replies: 19
Views: 3044

Re: G fund

Yes, cash on steroids. It currently yields 2.5%, which isn't all that different from Prime MMF right now (2.4%), but it's usually significantly higher, like 0.5-1% higher. Down to 2.25% for June. It's been dropping like a stone for the last several months. That's the downside of the G fund. While i...
by White Coat Investor
Mon Jun 10, 2019 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 36822

Re: For those who earn $500k+ per year. How'd you do that?

Physician is a known path... entrepreneurship is another path Both worked well for me. While I never actually made $500K+ as a doc, the pathway to get there from where I was to there was easy to see. A few more shifts, more night shifts, slightly higher patient per hour ratio or slightly better pay...
by White Coat Investor
Fri May 31, 2019 8:57 am
Forum: Investing - Theory, News & General
Topic: G fund
Replies: 19
Views: 3044

Re: G fund

Quick question: I am estimating how much money I want to have in cash as I hit my retirement date. To guard against any market risks, I have estimated that I want to have about $103K in cash (plus my pension and SSA benefits). This amount will equate to about 2 yrs of expenses. My game plan is to r...
by White Coat Investor
Fri May 31, 2019 8:48 am
Forum: Personal Consumer Issues
Topic: My bicycle ride from Florence, Italy to Bern, Switzerland [Pictures added]
Replies: 50
Views: 4019

Re: First few days of my bicycle ride from Florence, Italy to Bern, Switzerland

I don’t camp so I have arranged to go via Sestriere, Briancon, Bourg d’Oisens, Grenoble, Albertville, Chamonix as it is possible to find lodging every night on this route. There is more than one pass and I don’t know all their names. Bourg d'Oisans! Are you going to try Alpe d'Huez? Thanks for the ...
by White Coat Investor
Fri May 31, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: How to do a check deposit with your cellphone app
Replies: 14
Views: 1331

Re: How to do a check deposit with your cellphone app

I don't know that I need a $100K limit for this, but one of my banks has/had a $5K limit that caused me lots of problems. A bigger issue I'm having right now is a Neobank with a $50K/transaction and $100K/month ACH limit. Makes moving money around from business to personal to investing accounts a se...
by White Coat Investor
Fri May 31, 2019 8:40 am
Forum: Personal Investments
Topic: MegaBackDoorRoth vs Pre-tax Contributions
Replies: 5
Views: 872

Re: MegaBackDoorRoth vs Pre-tax Contributions

Good afternoon! I have been learning about the 199A and how it will affect my retirement contributions, but I have some questions. 1. My understanding is that: QBI = profit - pre-tax retirement contributions. My question is are both employER and employEE pre-tax contributions deducted from profit i...
by White Coat Investor
Thu May 30, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14598

Re: Can we afford to pay for our kid's college (at all)?

48 and 51. 1st year being able to fully fund i401k with $56k, HSA $7k, BD Roth $6k. Built up small EF of $20k. Have spent the last 2 years getting rid of bad debt. Currently have mortgage of $3875 month at 4.5% fixed for another 28 years. Heloc that all extra cash has been thrown at w/$15k left var...
by White Coat Investor
Wed May 29, 2019 10:26 pm
Forum: Personal Consumer Issues
Topic: $3k for teen club soccer
Replies: 104
Views: 7122

Re: $3k for teen club soccer

Where I grew up there were no travel leagues. You played a rec league which was cheap until about middle school age when the you played on the school team and the recc leagues disappeared. You pretty much played basketball, track, football, golf or baseball/softball. Nobody played or even watched s...
by White Coat Investor
Wed May 29, 2019 7:21 pm
Forum: Personal Consumer Issues
Topic: $3k for teen club soccer
Replies: 104
Views: 7122

Re: $3k for teen club soccer

Realistic chance to play in college? You can pay for a lot of college saving $3K a year for it. I think this sort of thing is terrible as an investment. Now if you want to play comp sports, go for it, but don't pretend it's an investment. That "investment" has got to have a negative return on avera...
by White Coat Investor
Wed May 29, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans no longer PSLF eligible
Replies: 5
Views: 989

Re: Student Loans no longer PSLF eligible

Hi! New to Bogleheads, first post. Thanks in advance for the help/advice. I am 4 years out of med school, about to start a 3 year fellowship in July. I have roughly $380K in student loans (same servicer so never had to consolidate) with an average interest rate of 6.46%. To date, I've made probably...
by White Coat Investor
Wed May 29, 2019 8:23 am
Forum: Personal Consumer Issues
Topic: $3k for teen club soccer
Replies: 104
Views: 7122

Re: $3k for teen club soccer

Realistic chance to play in college? You can pay for a lot of college saving $3K a year for it. I think this sort of thing is terrible as an investment. Now if you want to play comp sports, go for it, but don't pretend it's an investment. That "investment" has got to have a negative return on avera...
by White Coat Investor
Wed May 29, 2019 8:21 am
Forum: Personal Consumer Issues
Topic: $3k for teen club soccer
Replies: 104
Views: 7122

Re: $3k for teen club soccer

sunny_socal wrote:
Tue May 28, 2019 8:29 pm
So our 14-yr old tried out for a local soccer club here in TX. I figured it would be ~$1k like it was in CA.

The paperwork after the tryout said he'll land in one of three tiers:
- $2.8k
- $2.2k
- $1.7k

Seems like a lot. Is this typical?
Could be worse, you (or your spouse) could be the coach.
by White Coat Investor
Tue May 28, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Italian traffic fine with U.S. debt collector
Replies: 60
Views: 4674

Re: Italian traffic fine with U.S. debt collector

You can try to settle with the debt company. They likely bought it for 10 cents on the dollar and would love to get 50 cents on the dollar for it. The fact that you didn't pay in full may appear on your credit report of course, so it all depends on how much that matters to you as to how aggressively...
by White Coat Investor
Tue May 21, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 327
Views: 86555

Re: How to Minimize Your Emergency Care Expenses

This thread is outstanding. Thank you all for the information and questions which have spawned excellent discussions. We recently received an ED bill we're not thrilled with. I will take it as a lesson and be better-informed the next go-round. We had a child lose consciousness and hit his head in t...
by White Coat Investor
Mon May 20, 2019 7:17 pm
Forum: Personal Consumer Issues
Topic: Car repairs: what to do next time
Replies: 42
Views: 2597

Re: Car repairs: what to do next time

So I may have done a stupid thing. I have a 2005 Pontiac Vibe (that I still love by the way) with 160k on it. I just had a bunch of maintenance stuff done to it: oil change, air filter, oil filter and cabin air filter change, tire rotation and balance, new front roters and brakes, new rear drums an...
by White Coat Investor
Mon May 20, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can you guys find anything that beats sofi money checking account?
Replies: 22
Views: 2746

Re: Can you guys find anything that beats sofi money checking account?

Good morning friends! Apparently sofi money is paying 2.25 apy on its checking account, absolutely nothing can beat that to my knowledge. Can you guys find any checking account that can beat this? Are you guys aware of any catches of sofi money? I need your feedbacks! If I can write checks with thi...
by White Coat Investor
Mon May 20, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Trend Following As Insurance
Replies: 110
Views: 5520

Re: Larry Swedroe: Trend Following As Insurance

Swedroe writes a lot, and I wonder how to reconcile all that he writes. Google "swedroe market timing" and you get many articles by Swedroe criticizing the practice. Trend following is a market timing strategy. I agree with Swedroe that it is worth considering, and I have backtested such strategies...
by White Coat Investor
Mon May 20, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: To invest in bnd for 2.5 years?
Replies: 17
Views: 2488

Re: To invest in bnd for 2.5 years?

I want to buy bonds and sell them in 2.5 years. I see that a bond fund offers better yield than individual b, but I am worried I could end up net negative given the short time horizon (if price drops 5%). Would buying bonds be better? Why not just buy a CD if the concern is a possible negative retu...
by White Coat Investor
Mon May 20, 2019 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Debt: Student loan or cabin
Replies: 36
Views: 2798

Re: Debt: Student loan or cabin

Posting for my brother and his new wife! Their goal is reduce debt aggressively before purchasing a home and starting a family. Recently married with combined income in low 200k range. Student loans: 90k @ 5.8% Lake cabin: 175k @ 4.2% Cash savings 80k I advised to tackle highest interest debt first...
by White Coat Investor
Sat May 18, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 2921

Re: Crazy to Sell a Newer Car for an Older Car?

I have a 2018 Toyota Camry that I owe about $3k on. The car can be sold for about $23k. I am considering selling it and using the 20k left to purchase a much cheaper car, and use the difference to invest in a taxable account. I’m thinking used vehicle around 10k, so about 10k to the taxable. Am I c...
by White Coat Investor
Sat May 18, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: At what NW do I have disposable income?
Replies: 85
Views: 5969

Re: At what NW do I have disposable income?

Hi all, I am wrestling with the question, at what NW do my wife and I have disposable income? My only reply in this moment, is that I don't "really" have disposable income until I have at-least saved enough that my future retired selves at age 65 have a 4% withdrawal rate that could sustain the fed...
by White Coat Investor
Sat May 18, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Debt: Student loan or cabin
Replies: 36
Views: 2798

Re: Debt: Student loan or cabin

Posting for my brother and his new wife! Their goal is reduce debt aggressively before purchasing a home and starting a family. Recently married with combined income in low 200k range. Student loans: 90k @ 5.8% Lake cabin: 175k @ 4.2% Cash savings 80k I advised to tackle highest interest debt first...
by White Coat Investor
Fri May 17, 2019 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing medical school loans?
Replies: 19
Views: 1746

Re: Refinancing medical school loans?

Isn't refinancing the same as consolidating? Even if not, I g looks like she could risk DQing herself from some loan forgiveness programs. No. You refinance with a private company and get a lower rate and lose access to federal IDR and PSLF programs. You consolidate iwht the federal government, get...
by White Coat Investor
Fri May 17, 2019 11:52 pm
Forum: Personal Investments
Topic: If you are already wealthy, what keeps you motivated?
Replies: 97
Views: 10451

Re: If you are already wealthy, what keeps you motivated?

Define "wealthy". I'd think: On Reddit/pf, that would be $50k in assets. MMM, probably $800k. Bogleheads: from Dances with Wolves: "more than the stars" More than $3M in NW Motivated to do what? Work for money? I like to spend and give it away. I also like helping people and that happens to pay me ...
by White Coat Investor
Fri May 03, 2019 10:29 pm
Forum: Personal Investments
Topic: Vanguard Free/Zero Funds
Replies: 43
Views: 4189

Re: Vanguard Free/Zero Funds

I don't think Vanguard will ever offer zero expense funds. They run their funds at cost. I also don't think Fidelity is running a bait-and-switch scheme. They are free to run a loss-leader forever. I think they will. I mean 0.03% is basically the same thing. If you can make up the rest lending secu...
by White Coat Investor
Fri May 03, 2019 10:28 pm
Forum: Personal Consumer Issues
Topic: Rarely used items that are worth having?
Replies: 112
Views: 11284

Re: Rarely used items that are worth having?

#6 Black Diamond Camalot - don't usually bring it on trips, unless I think I'm going to need it and when you need it - it can literally be a life saver... (not my pic) https://cdn-files.apstatic.com/climb/107761067_medium_1494209743.jpg (its a piece of climbing protection FYI) I feel the same way a...
by White Coat Investor
Fri May 03, 2019 10:25 pm
Forum: Personal Consumer Issues
Topic: Rarely used items that are worth having?
Replies: 112
Views: 11284

Re: Rarely used items that are worth having?

Grt2bOutdoors wrote:
Fri May 03, 2019 7:28 pm
Cheyenne wrote:
Fri May 03, 2019 10:25 am
Shotgun
Of no use if you don't have the requisite accessories :twisted:
You might be surprised. I suspect few will want to call your bluff.
by White Coat Investor
Fri May 03, 2019 5:17 pm
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 6174

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

I don't understand the value in the retirement projections / calculators for someone younger trying to project an early retirement age or estimated portfolio balance. There are so many unknown variables that could occur over the next 15, 20, 25 years. The main unknowns that can drastically affect m...
by White Coat Investor
Fri May 03, 2019 11:15 am
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 92
Views: 13304

Re: Do you invest in Real Estate ? Why ?

Jim, How much direct RE you think is reasonable as a % overall portfolio ? Just asking your thoughts and wisdom on this, I heard about your RE experience on your condo during your residency in your latest podcast. Yes, I'm learning about direct RE investing, getting a realtor license (not needed), ...
by White Coat Investor
Fri May 03, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 28201

Re: 20 countries where 200K in retirement savings will last you decades

AerialWombat wrote:
Sat Oct 06, 2018 8:42 am
randomizer wrote:
Sat Oct 06, 2018 8:00 am
$24k/year don't sound like a very comfortable life.
I live very comfortably in a major US city spending only $27k.
Truly it is in the eye of the beholder.
by White Coat Investor
Fri May 03, 2019 12:01 am
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 92
Views: 13304

Re: Do you invest in Real Estate ? Why ?

Jim, - How much higher return in RE (national avg) vs 60:40 VTI+BND portfolio in the last 5 yrs and last 10 yrs ? Do you have any data ? - How low correlation is RE vs stock/bonds in 2008-2010 ? Curious about the actual data ….Let's not assume RE is REITS. 2. High returns and low correlation with s...
by White Coat Investor
Thu May 02, 2019 8:01 pm
Forum: Investing - Theory, News & General
Topic: How to Think About Money--Should be required reading for Bogleheads
Replies: 14
Views: 3522

Re: How to Think About Money--Should be required reading for Bogleheads

My problem with any new books in this area is that the general theme and topics are covered on this forum with regularity. I think anything you can find out there, podcasts, books etc. can be found here. Some of the ideas may even have been discussed here first, before they were put in a book. That...
by White Coat Investor
Thu May 02, 2019 7:59 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 92
Views: 13304

Re: Do you invest in Real Estate ? Why ?

The illiquidity is a beneficial feature of real estate. Its forces one to not make any impulsive and rash decisions, and to invest for the long term. Give me a break. That's a silly argument usually used by salesmen of loaded funds and whole life insurance. But if someone will pay me for giving up ...
by White Coat Investor
Thu May 02, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 92
Views: 13304

Re: Do you invest in Real Estate ? Why ?

Folks, 1. Do you invest in Real Estate ? 2. If yes, Why do you invest ? Cash Flow vs 3-Fund-Portfolio ? 3. If not, Why not ? I'll appreciate if you please share any real experiences; My Financial Advisor advised me to consider Real Estate investments for Cash Flow diversification. 1. Yes. 2. High r...
by White Coat Investor
Thu May 02, 2019 12:52 am
Forum: Investing - Theory, News & General
Topic: How to Think About Money--Should be required reading for Bogleheads
Replies: 14
Views: 3522

Re: How to Think About Money--Should be required reading for Bogleheads

It's my favorite financial book written in the last 5 years, and that includes both of mine. I wish I'd written it.
by White Coat Investor
Tue Apr 30, 2019 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: I'm not going to run out
Replies: 62
Views: 8614

Re: Retirees: I'm not going to run out

Technically, you can't know until you croak. Practically, I knew well before I retired. Me too. Either there would have to be some terrible losses or my spending would have to dramatically increase and I'm still a long way from retiring. Not sure which scenario is more likely, probably the second.
by White Coat Investor
Tue Apr 30, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Earned income for 9 year old
Replies: 52
Views: 3110

Re: Earned income for 9 year old

We want to start our 9 year old a roth ira. She has to show earned income. My wife babysits dogs. We are going to pay our daugher to help. My understanding is that we just nees to keep a log book of when shes worked and how much she has made. Does anyone have any advice on this or anything else i s...
by White Coat Investor
Sun Apr 28, 2019 11:56 pm
Forum: Investing - Theory, News & General
Topic: Barron's writes--Vanguard Keeps Some of Its Cheapest Funds Out of Reach for Fidelity Customers
Replies: 10
Views: 2099

Re: Barron's writes--Vanguard Keeps Some of Its Cheapest Funds Out of Reach for Fidelity Customers

"Vanguard Keeps Some of Its Cheapest Funds Out of Reach for Fidelity Customers" https://www.barrons.com/articles/vanguard-lowest-cost-funds-fidelity-retirement-schwab-51556315451 "As a longtime Fidelity customer (and former writer for its web site), I’ve long appreciated the company’s customer serv...
by White Coat Investor
Fri Apr 26, 2019 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle courses
Replies: 33
Views: 2941

Re: Side Hustle courses

There's actually an art to getting Facebook ads to work. I certainly have not mastered it and would be willing to pay something to someone who had. Would you imagine paying someone whose only credentials are a $300 "course" in how to do Facebook ads? What are my credentials for blogging and podcast...
by White Coat Investor
Thu Apr 25, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Financial Advisor
Replies: 41
Views: 2055

Re: Becoming a Financial Advisor

the behavioral phenomenon where people don't respect/value information that seems simple or free. I gotta say as someone who spends most of the day giving people information that is often not simple or free, they don't respect that either. I've experienced this as well. I charge $5K to fly across t...