Search found 12856 matches

by White Coat Investor
Thu Jan 18, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

they get the same flack as you will get. I have a different view on taking flack since reading Unbroken, and not sure getting a little criticism on the internet is at all comparable! https://www.amazon.com/dp/B003WUYPPG/ Just like making money is very American, so is getting some criticism for doin...
by White Coat Investor
Thu Jan 18, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Whakamole wrote:
Thu Jan 18, 2018 1:44 pm
engineers tend to ask lots of questions and many of them can be uncomfortable.
I've had advisors tell me engineers are their worst clients. I suspect that may be one reason why. My dad is an engineer and I help him manage his own portfolio. I'm not surprised to see many engineer DIY investors.
by White Coat Investor
Thu Jan 18, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 87
Views: 4320

Re: To the doctors on the forum

Universal care may very well be the best way. But I think this idea that it is a right not a privilege is just a sound bite and indicates someone doesn't quite get it. Is food a right? Why not? You can live longer without health care than without food. Why can't I walk into the grocery store and ta...
by White Coat Investor
Thu Jan 18, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Doctors are smart enough to read this forum and make their own decisions. Personally I don't like that he is selling the free information developed on this site for a profit. It's as shady as your local Edward Jones. I wish Edward Jones would sell the information on this site for a profit. That wou...
by White Coat Investor
Thu Jan 18, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

p.s. A shout out to the owners of this forum. When I read someone making money of others for personal finance advice I am MORE amazed the folks on this site have stuck to their ethics and don't charge and don't take advertisement money either. Much respect. Many roads to Dublin. I love the Boglehea...
by White Coat Investor
Thu Jan 18, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Also, (Jim, correct me if I'm wrong) high income professionals such as doctors are huge targets for the "helpers" of the insurance and advisor industries being sold terrible investments such as annuities, whole life insurance, and high fee front loaded active mutual funds, etc.. We're all targets, ...
by White Coat Investor
Thu Jan 18, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I'm amused by this thread. WCI probably got tired of e-mails asking him "How do I fire my financial advisor?" At least now his answer can be simple: "Click on this." I actually have a post titled that which I have referred them to for years. In fact, every time I start getting a question frequently...
by White Coat Investor
Thu Jan 18, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I get a "Haha I'm better than financial advisors because I'm a doctor" vibe from this guy like he has a vendetta against them. A good financial advisor is worth it to some people although there are shady ones. I could say the same about doctors and I've received as much bad advice from them as fina...
by White Coat Investor
Thu Jan 18, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Well, the actual subject material seems to be how to create your own financial plan. The "Fire your Financial Advisor" is just the hook. I'm reading the material correctly, this course does not include any direct human interaction; it's basically a book with online interactive worksheets and tests....
by White Coat Investor
Thu Jan 18, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Looks like the White Coat Investor is going to retire soon and get some side gigs going. That is his choice and I am happy for him, if it is. I have no plans to retire. I have both an enjoyable practice and an enjoyable business where I'm excited about the mission and about the excellent jobs we're...
by White Coat Investor
Thu Jan 18, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

WCI: If you are reading this, please do not let the negative comments bother you. I enjoy reading your posts and I understand that the course is not aimed at bogleheads in general. Not at all. I actually appreciate the feedback. But most of the posters in this thread are exactly right- if you are c...
by White Coat Investor
Thu Jan 18, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 110
Views: 5013

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

iceport wrote:
Thu Jan 18, 2018 4:13 am
WCI, or "Emergdoc" as we knew him when he was an active forum member,
What do you mean "when"? :) Don't call it a comeback, I've been here for years. I'm still the 18th most prolific poster on the forum.
by White Coat Investor
Thu Jan 18, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 87
Views: 4320

Re: To the doctors on the forum

I am really puzzled by this comment. It feel 1000% the opposite—looking for a simple Universal Care plan. My perspective is that Health Care is a right, not a privilege. WoodSpinner :?: Universal care may very well be the best way. But I think this idea that it is a right not a privilege is just a ...
by White Coat Investor
Thu Jan 18, 2018 12:04 am
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 87
Views: 4320

Re: To the doctors on the forum

Why, in this day and age of HDHP, is it still so difficult to get a Dr, or the office, to tell you what a procedure will cost? Because the doctor doesn't know the price. And even if he did, he doesn't know the price for you. The price is different for everyone. It's impossible to keep track of the ...
by White Coat Investor
Thu Jan 18, 2018 12:00 am
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 6746

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

In a video released today Joe Davis of Vanguard says the chance of a correction this year (at least a 10% decline) is 70% "the highest in 15 years" he's been at Vanguard. Sometimes it seems they do all but say, "rebalance NOW to your chosen stock allocation!". Joe goes on to explain why trying to t...
by White Coat Investor
Wed Jan 17, 2018 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 38
Views: 2251

Re: Exit strategy for bitcoin

If you thought it was worth buying at $15K, why aren't you backing up the truck now?

Investments are the only thing people like to buy after they go up in price.

I have no idea where it goes next, but I'm glad I'm on the sidelines. I'd be laying awake at night if I actually owned any of this stuff.
by White Coat Investor
Wed Jan 17, 2018 8:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 7857

Re: Post your Financial Milestone Announcements Here

Congratulations to everyone :sharebeer I first posted here a year and a half ago and was so worried at that time due to an unexpected job loss. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=192652 I decided to retire at that time and continue to be frugal. I paid off my car loan and have bee...
by White Coat Investor
Wed Jan 17, 2018 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: $200 Emergency Visit Copay Waiver?
Replies: 59
Views: 5624

Re: $200 Emergency Visit Copay Waiver?

...Ha ha, didn't realize this was a Zombie thread. Back from the thread. I thought it sounded kind of familiar.
by White Coat Investor
Wed Jan 17, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: $200 Emergency Visit Copay Waiver?
Replies: 59
Views: 5624

Re: $200 Emergency Visit Copay Waiver?

SwineFLoo wrote:
Wed Jan 17, 2018 6:02 pm
I code patients who are admitted and discharged the same day in both inpatient and observation status.
That's a ballsy discharge. I don't think a patient I've coded has ever been discharged the same day, except to the morgue. :)
by White Coat Investor
Tue Jan 16, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Getting out of Whole Life Insurance
Replies: 15
Views: 1011

Re: Getting out of Whole Life Insurance

So, I'll start by saying that I am so embarrassed by the position we are now in. Any advice would be greatly appreciated. Especially from someone with some experience with Life Insurance policies. My husband and I were duped by our Northwestern Mutual Financial Advisor into buying an expensive Whol...
by White Coat Investor
Tue Jan 16, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 83
Views: 5585

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

There seems to be a lot of fear on this forum, and that surprises me. When I joined three months ago, I was hoping to find a group of investors who followed the investment philosophies of John Bogle. I was looking for encouragement, yet every day one or more people post that a crash is coming and t...
by White Coat Investor
Tue Jan 16, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 83
Views: 5585

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

It is just as hard to stay the course when markets are going up as when they are going down.
by White Coat Investor
Tue Jan 16, 2018 1:13 am
Forum: Personal Consumer Issues
Topic: PTO policy after international business travel
Replies: 53
Views: 2973

Re: PTO policy after international business travel

Good afternoon all, I will be traveling to India for a third time for company business. I will be crossing 10 time zones. My company allots 23 days of PTO. To keep it short, my last trip, took me 9 days to get fully acclimated to the US time zone, etc. Is it unrealistic to ask my employer to give m...
by White Coat Investor
Mon Jan 15, 2018 11:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 7857

Re: Post your Financial Milestone Announcements Here

Ha ha, good timing as we just did our annual net worth update. We hit our "number" this year. Yay us. But our most significant milestone for 2017 and the one we're most proud of was giving away more than we spent. I hope that will continue for many years. And since I'm putting up the second post in...
by White Coat Investor
Sun Jan 14, 2018 1:33 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 7857

Re: Post your Financial Milestone Announcements Here

Ha ha, good timing as we just did our annual net worth update. We hit our "number" this year. Yay us. But our most significant milestone for 2017 and the one we're most proud of was giving away more than we spent. I hope that will continue for many years. And since I'm putting up the second post in...
by White Coat Investor
Thu Jan 11, 2018 1:38 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 7857

Re: Post your Financial Milestone Announcements Here

To be honest I haven't even told my husband yet, and I'm sure we won't do anything special to celebrate. I feel a bit selfish/guilty even being excited about this milestone. # 1 Go celebrate. We don't celebrate enough. You can certainly afford it. # 2 Don't feel guilty about having the opportunity,...
by White Coat Investor
Wed Jan 10, 2018 1:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 7857

Re: Post your Financial Milestone Announcements Here

Are you going to write another book? Already did. It just needs to be packaged up and published. I sent it out to my email list a chaper at a time. You can still get it if you want- Financial Bootcamp. My third one will be all about tax reduction, but I put it off when Congress started messing with...
by White Coat Investor
Wed Jan 10, 2018 1:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 7857

Re: Post your Financial Milestone Announcements Here

Snowjob wrote:
Tue Jan 09, 2018 7:28 am
Wow congrats!! I feel like it was just 7 or 8 years ago you got out of residency.
Nearly 12 actually, but WCI knocked about a decade off the original plan. Probably would have knocked 4-5 years off even without WCI.
by White Coat Investor
Wed Jan 10, 2018 2:01 am
Forum: Investing - Help with Personal Investments
Topic: I'm Simply Not on the Same Plane As You
Replies: 25
Views: 4517

Re: I'm Simply Not on the Same Plane As You

But for a guy who is headed to 70 who is not up on balancing and who has rode Enron down to nothing... two (2) failed marriages ($$$$) I'm highly conservative. This is about my kids whom I wish to leave some sense of security.... How awful is this allocation: Cash 2% CDs Roth 35% CD Not Roth 3% Rea...
by White Coat Investor
Tue Jan 09, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: What your 2017 returns would look like if you listened to these financial websites
Replies: 18
Views: 3705

Re: What your 2017 returns would look like if you listened to these financial websites

What your 2017 returns would look like if you listened to these financial websites Link This probably comes as a shock to nobody, but a sampling of top stockpicks from several notable investing websites reveals that, well, picking stocks is hard. Even for the so-called financial experts. The ValueW...
by White Coat Investor
Tue Jan 09, 2018 2:41 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8444

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

THANK YOU FOR FNALLY ADDRESSING ALEX. These type of bragging posts serve only 1 purpose - TO SHOW OFF. They are EXTREMELY ANNOYING and greatly dilute the quality of the forum. Lots of us are struggling through hand to mouth existence and these people have no shame showing of their millions. I would...
by White Coat Investor
Tue Jan 09, 2018 2:34 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 7857

Re: Post your Financial Milestone Announcements Here

Ha ha, good timing as we just did our annual net worth update. We hit our "number" this year. Yay us. But our most significant milestone for 2017 and the one we're most proud of was giving away more than we spent. I hope that will continue for many years. And since I'm putting up the second post in ...
by White Coat Investor
Tue Jan 09, 2018 2:28 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8444

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

Since I drafted the forum policies shortly after the forum went live, we've had a requirement that threads be actionable , which we usually describe as "You must be able to do something specific with the replies that will make a difference in your situation." This requirement was drafted both for t...
by White Coat Investor
Tue Jan 09, 2018 1:14 am
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3981

Re: DD just got married !

White Coat Investor, eloping is in a totally separate category from what the OP's daughter and son-in-law did and I think it is raining on the OP's parade to discuss eloping in this thread or to describe anyone's choice of wedding celebration as a "stunt." People have many personal reasons for choo...
by White Coat Investor
Tue Jan 09, 2018 1:08 am
Forum: Personal Finance (Not Investing)
Topic: When the rubber hits the road [Progressive Dementia thread with merged updates]
Replies: 106
Views: 7881

Re: The reality hits - my dementia update

From: The reality hits. This another my occasional installment of how my dementia it Is affecting my life. Have a lot of changes since the last installment. My wife and I bought a winter home in Hawaii and moved to Denver. I made a stupid money mistake this year which cost me over $24K involving th...
by White Coat Investor
Tue Jan 09, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Coverdell really killed by TJCA?
Replies: 12
Views: 1304

Re: Coverdell really killed by TJCA?

It was only a few years ago that the ESA contribution limit was almost reduced to just $500.
by White Coat Investor
Tue Jan 09, 2018 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Coverdell really killed by TJCA?
Replies: 12
Views: 1304

Re: Coverdell really killed by TJCA?

Tanelorn wrote:
Mon Jan 08, 2018 6:19 pm
The part that was going to remove the ability to make future ESA contributions was removed in the reconciliation process for the final tax bill. Nothing changed, ESAs are still better than 529s in basically all ways except their contribution limit.
And their state tax breaks.
by White Coat Investor
Mon Jan 08, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Coverdell really killed by TJCA?
Replies: 12
Views: 1304

Re: Coverdell really killed by TJCA?

I think you can still contribute. It's just a little less attractive now that 529s can be used for K-12 expenses.
by White Coat Investor
Mon Jan 08, 2018 10:35 am
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3981

Re: DD just got married !

I'm really glad. I know a lot of families where there would have been a lot of hurt feelings after a "stunt" like that. Wow. Why in the world would it be a "stunt" if you choose to get married, on your own dime, without being surrounded by 300 of your parents' closest friends? The couple doesn't ow...
by White Coat Investor
Mon Jan 08, 2018 12:28 am
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3981

Re: DD just got married !

Is mom sad about not having a big wedding? In many ways, the wedding isn't for those getting married. In that respect, eloping or demanding a small wedding could be interpreted as being a little bit selfish. Mom is overjoyed they have tied the knot! Her perspective (which I share) is that it’s abou...
by White Coat Investor
Mon Jan 08, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17624

Re: Memo to those who have won the game: it's time to quit playing

With CAPE at the second highest level in history and the U.S. stock market acting bubblicious these days, I think it is a good time for older investors to heed Dr. Bernstein's advice: "If you've won the game, stop playing." Nobody can predict what the market will do and accumulators should probably...
by White Coat Investor
Sat Jan 06, 2018 2:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3981

Re: DD just got married !

Is mom sad about not having a big wedding? In many ways, the wedding isn't for those getting married. In that respect, eloping or demanding a small wedding could be interpreted as being a little bit selfish.
by White Coat Investor
Sat Jan 06, 2018 1:30 am
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 7724

Re: "Can I Really Retire at 40?" What to Tell Clients

What clients should be told is that you should adjust as you go. Yeah. If you have workable plans for contingencies, that's what matters for making things work out. "Save more money" is simply one of many plans that sort out contingencies. Moving to a less expensive area, downsizing your house, cut...
by White Coat Investor
Sat Jan 06, 2018 1:25 am
Forum: Investing - Theory, News & General
Topic: So ambitious w/ money but so risk-averse
Replies: 31
Views: 3057

Re: So ambitious w/ money but so risk-averse

To be brutally honest, I probably had too much of an influence during my younger years of "finding a job that makes you happy". I admit I constantly dread the idea of work and generally dislike work. I just don't like the idea of work. "The privilege to work is a gift, the power to work is a blessi...
by White Coat Investor
Sat Jan 06, 2018 1:15 am
Forum: Investing - Theory, News & General
Topic: So ambitious w/ money but so risk-averse
Replies: 31
Views: 3057

Re: So ambitious w/ money but so risk-averse

I don't want to say I'm "greedy" but I'm extremely ambitious about wanting more money ALL the time. I don't necessarily dream about huge houses and fast cars (though I do at times but maybe only to the extend where it's normal to), but I'm obsessed with the idea of financial freedom and I'm not hap...
by White Coat Investor
Sat Jan 06, 2018 12:17 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 31
Views: 1781

Re: compression sack for sleeping bag, help with calculations please

One can buy bags and jackets with down treated to be hydrophobic, so that it is just like synthetic when it comes water and just like down when it comes to weight, loft, and compressibility. Does it work? Does it work long-term? Why not do that to all down bags? Why does anyone buy synthetic bags?
by White Coat Investor
Sat Jan 06, 2018 12:17 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 31
Views: 1781

Re: compression sack for sleeping bag, help with calculations please

Please don't use a compression stuff sack, it can permanently reduce the loftiness of the bag, thereby reducing it's warmth. More details: https://backpackinglight.com/forums/topic/57909/ You must take less stuff backpacking than I do if you have space to not use compression sacks for clothing and ...
by White Coat Investor
Sat Jan 06, 2018 12:15 am
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 7724

Re: "Can I Really Retire at 40?" What to Tell Clients

4% is probably a perpetual portfolio for most of us. Remember that on average after 30 years with a 4% WR, adjusted upward each year for inflation, there was 2.7X the assets you retired with. Most of the time, 4% is "too low" not too high. What clients should be told is that you should adjust as you...
by White Coat Investor
Thu Jan 04, 2018 10:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard takes 2 days to settle tIRA funding?
Replies: 22
Views: 1460

Re: Vanguard takes 2 days to settle tIRA funding?

and now it takes 7 days for the funds to be available in the tIRA brokerage account when moved in from a bank account ACH before one can convert it to a Roth. I don't think it was like that last year.... It was. I thought by using Prime instead of the settlement fund and having the money already at...
by White Coat Investor
Thu Jan 04, 2018 10:50 pm
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 31
Views: 1781

Re: compression sack for sleeping bag, help with calculations please

Please don't use a compression stuff sack, it can permanently reduce the loftiness of the bag, thereby reducing it's warmth. More details: https://backpackinglight.com/forums/topic/57909/ You must take less stuff backpacking than I do if you have space to not use compression sacks for clothing and ...