Search found 12991 matches

by White Coat Investor
Tue Feb 20, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 30
Views: 4624

Re: Paying off $372000 mortgage in 12 months

Hello, I've recently gotten the debt free bug and trying to reform my profligate ways. I have $372,000 left on my mortgage. I've set a goal of paying it off in 12 months. I have around $90k in cash after paying off my car. Assuming I put $50k into that to start, that would be about $30k per month t...
by White Coat Investor
Mon Feb 19, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Will REIT funds ever see another drawdown like 2008?
Replies: 45
Views: 3624

Re: Will REIT funds ever see another drawdown like 2008?

FWIW, my return in REITs from 2007 to present is an annualized 7.64%. Staying the course works, even when the timing of your initial entry is terrible. FWIW, the return of VTSAX (Vanguard Total Stock Market Index fund) for the past 10 years is 9.83% annualized. My point wasn't that it outperformed ...
by White Coat Investor
Mon Feb 19, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Will REIT funds ever see another drawdown like 2008?
Replies: 45
Views: 3624

Re: Will REIT funds ever see another drawdown like 2008?

Okay, so we know there were some serious issues with the real estate market in 2008. VGSIX, Vanguard REIT Index Investor, was down 68.3% in 2008! That means, if you purchased at the top, your savings went down to 31.7% of their initial value! To recoup your loss, you needed to make a return of 215%...
by White Coat Investor
Mon Feb 19, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 44
Views: 4020

Re: What do Bogleheads think of Passive income through Dividend Stocks

What do Bogleheads think of Passive income through Dividend Stocks? I have looked at some YouTube videos on people investing in dividend stocks and they generate ~$500- $1000+ in dividend stocks. I would like to know if there is a good way to invest Boglehead style in dividend stocks and generate p...
by White Coat Investor
Fri Feb 16, 2018 8:29 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 59
Views: 4475

Re: What is the evidence against slice and dice?

Will you be able to stick with a strategy, whether it be TSM....that underperforms the market for a decade or more? What does that look like exactly? I'm having a hard time seeing TSM significantly underperform the market for a decade. In my 15 years of investing in it, it seems to have pretty much...
by White Coat Investor
Fri Feb 16, 2018 12:58 am
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8325

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

....but there is a lot of preachy advice given on this site that isn't asked for. OP: Can anyone enlighten me on x? Reply: You have a problem with Y and should do Z. Yes, some threads get off-topic, but there are others like me who interject something new into the conversation when the OP didn't ev...
by White Coat Investor
Wed Feb 14, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 128
Views: 6924

Re: philosophicaleconomics predicts 4% real equity returns

Future U.S. Equity Returns: A Best-Case Upper Limit Posted on January 15, 2018 by philosophicalecon@gmail.com http://www.philosophicaleconomics.com/2018/01/future-u-s-equity-returns-a-best-case-upper-limit/ I find this article highly fascinating. It confirms a hunch I've had all along that inflated...
by White Coat Investor
Tue Feb 13, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Should I claim chapter 7 bankruptcy? debt 110k
Replies: 64
Views: 6422

Re: Should I claim chapter 7 bankruptcy? debt 110k

Wow.

I think I'd start with getting a job. Certainly no rush to declare bankruptcy. What are they going to take? I think I'd avoid it unless I were forced into it. You'll be justifiably proud to have paid off this debt and gotten back on your feet.
by White Coat Investor
Tue Feb 13, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9322

Re: Job is starting to suck the life out of me.

Start looking around. Maybe the grass is greener elsewhere, maybe it isn't. And boost your savings rate.
by White Coat Investor
Tue Feb 13, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 10707

Re: Our 'cure' for emergency expenses

About six years ago, my wife and I read Mary Hunt's book "Debt-Proof Your Marriage," which was a good read. What was the most valuable piece of information we got from her was the idea of a 'freedom fund', an account used to save and pay for irregular expenses. Why we hadn't thought of this before,...
by White Coat Investor
Tue Feb 13, 2018 12:31 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8325

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I have a personal rule of not giving advice to anyone with more money than me, so that pretty much cuts me out of most discussions. I'd drop that rule. It's good to be humble but there are a lot of people you could help. Wealth is often more a function of age than wisdom. Twice as much wealth does ...
by White Coat Investor
Tue Feb 13, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1372

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

what about refinancing and taking the equity out? I don't see why you wouldn't count that. Although you'd have a mortgage payment so your monthly income needs would go up. I never understood why people want to have a paid off house when they die, unless they plan to give it to their kids. Why not l...
by White Coat Investor
Tue Feb 13, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1372

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

I assume you dont include the value of your primary residence in your portfolio but what if you have a $1mm home and could easily downsize to a $500k home in the future if needed? Can you include the $500k difference in calculating SWR? How about vacation houses that could be sold or rented later i...
by White Coat Investor
Tue Feb 13, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: G Fund in Wife's TSP
Replies: 4
Views: 558

Re: G Fund in Wife's TSP

Are your withdrawal plans compatible with the TSP withdrawal options? If so, keep it. If not, roll it over.
by White Coat Investor
Mon Feb 12, 2018 12:54 am
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 103
Views: 4846

Re: how did you determine your risk tolerance?

in case there was any doubt, my comment about HELOC and credit cards was a joke. there are many comments about the ability to stay the course in a recession. i'm pretty confident in myself that i can do it, but of course we won't know for sure until the next crash. nonetheless, you all cannot be se...
by White Coat Investor
Mon Feb 12, 2018 12:51 am
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 103
Views: 4846

Re: how did you determine your risk tolerance?

the past couple months i've spent a lot more time browsing BHs and reading threads, etc., because i realized that holy crap, the market went up 20% in 2017!! i better re-evalulate my risk tolerance. at the end of 2017, i was at a 75/25 asset allocation (i'm 33). at the time i thought maybe this was...
by White Coat Investor
Sun Feb 11, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns
Replies: 41
Views: 4387

Re: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns

A warranty is a business move. The thought is that you'll sell more of the product with the warranty after the costs of the warranty than you will without it. I recently developed and sold a product with a 7 day full money back guarantee. Although the entire product could be used within 7 days, I on...
by White Coat Investor
Sun Feb 11, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 4517

Re: Can I afford to move to a lower paying career?

These threads are one reason why people make fun of this forum. How out of touch do you have to be to wonder if you can move to a lower paying career when you're already financially independent? By my calculations, you could take a career where you had to pay money to do it. And then there are peopl...
by White Coat Investor
Sun Feb 11, 2018 10:07 pm
Forum: Personal Consumer Issues
Topic: Driving a rental car in Western Europe
Replies: 46
Views: 1535

Re: Driving a rental car in Western Europe

We were planning to get a Eurorail pass and train around Europe. By the time you pay to reserve your seats, it doesn't even seem like the Eurorail pass is worth the money. Has anyone here rented and driven around western Europe (Germany, Italy, Switzerland, France, etc). We have a family of 4. We m...
by White Coat Investor
Sun Feb 11, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5219

Re: Are REITs essentially taboo for years now with rising rates?

A lot of performance chasing going on around here. Bail out as soon as you see a little tracking error with the overall market. Diversification works, even when you don't want it to. If you have a reasonable plan, stay the course with it. Your ability to stay the course matters more than what the co...
by White Coat Investor
Sun Feb 11, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8615

Re: Tenants want to break lease early and is pregnant

I'd just go by the contract. They've already decided it was worth it to them to pay that price. My wife wouldn't let me though, that's one of many reasons we no longer own/manage our own rental properties. We're too nice to get a good return doing that, so we invest differently. That isn't really a...
by White Coat Investor
Sun Feb 11, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: No DFA Forums?
Replies: 8
Views: 898

Re: No DFA Forums?

Earl Lemongrab wrote:
Sun Feb 11, 2018 4:11 pm
White Coat Investor wrote:
Sat Feb 10, 2018 4:41 pm
Why would DFA fund holders need to talk to anyone? Why wouldn't they just talk to their advisor? :)
Some 401(k)s offer DFA, so a DIY approach isn't impossible.
That's why there's a smiley face. I actually have DFA SV in my 529s.
by White Coat Investor
Sat Feb 10, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Ally online savings now at 1.45%
Replies: 72
Views: 8099

Re: Ally online savings now at 1.45%

The G fund is not fixed income! It is a stable value fund. The difference is important in the context of portfolio composition. Now this is an interesting assertion. While I don't disagree that they act differently in many circumstances, what role do you see the G fund playing in a portfolio vs the...
by White Coat Investor
Sat Feb 10, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: what is going on with Vanguard Inflation-Protected Securities Fund Institutional Shares VIPIX
Replies: 6
Views: 918

Re: what is going on with Vanguard Inflation-Protected Securities Fund Institutional Shares VIPIX

I am 3 years from retirement and in process of redoing my portfolio. I was pretty heavy in stock funds versus bonds and decided back in Nov/Dec to move some of my from stock funds into money market and reduce exposure to market until I figured out what to do. My funds are all in 401lk and the compa...
by White Coat Investor
Sat Feb 10, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 162
Views: 17891

Re: How to Minimize Your Emergency Care Expenses

If you realize you screwed up and went to the ED when you shouldn't have, chalk it up to life experience and don't make that mistake again. Most of us (including me) have made that mistake. Great post! This is exactly what I got out of my expensive and unpleasant ER experience for pneumonia last ye...
by White Coat Investor
Sat Feb 10, 2018 8:43 pm
Forum: Investing - Theory, News & General
Topic: Ally online savings now at 1.45%
Replies: 72
Views: 8099

Re: Ally online savings now at 1.45%

WanderingDoc wrote:
Sat Feb 10, 2018 5:06 pm
White Coat Investor wrote:
Sat Feb 10, 2018 4:40 pm
TSP G fund up to 2.75% now. That's higher than the yield on Total Bond Market/F fund.
Any reason not to convert all bonds in the TSP to G fund? I believe I am 50/50 between G and F fund.
That's what I've always done. But if rates fall, you would be better off with F.
by White Coat Investor
Sat Feb 10, 2018 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2364

Re: your assets - now verses end of year?

Here we are at the weekend. All prices posted. I did an overall view of my assets. I am down $2286 from my end of the year figures. Wanted to see if I was maintaining over the 2 comma club which I had just entered in October or if I was backsliding. As it sits now, we have all lost about 6 weeks on...
by White Coat Investor
Sat Feb 10, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: No DFA Forums?
Replies: 8
Views: 898

Re: No DFA Forums?

Why would DFA fund holders need to talk to anyone? Why wouldn't they just talk to their advisor? :)
by White Coat Investor
Sat Feb 10, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Ally online savings now at 1.45%
Replies: 72
Views: 8099

Re: Ally online savings now at 1.45%

TSP G fund up to 2.75% now. That's higher than the yield on Total Bond Market/F fund.
by White Coat Investor
Sat Feb 10, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Physician disability insurance
Replies: 8
Views: 586

Re: Physician disability insurance

You're in the ballpark, but if you have to ask here, you're not buying it right. See an independent agent who can sell you a policy from any company, then you'll know what all the prices are for you and what you want in your policy. If you need a recommendation, let me know.
by White Coat Investor
Sat Feb 10, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Is Rental Property/Income Same as Bonds
Replies: 38
Views: 1994

Re: Is Rental Property/Income Same as Bonds

Not the same, but also a great asset class.
by White Coat Investor
Sat Feb 10, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Accredited investor resources
Replies: 23
Views: 1279

Re: Accredited investor resources

I don't do much with private equity but I do have some investments that are only available to accredited investors. They're basically all real estate deals/funds/syndications. A couple of good resources to learn more include Ian Appolito's site: https://www.therealestatecrowdfundingreview.com/ and t...
by White Coat Investor
Fri Feb 09, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8615

Re: Tenants want to break lease early and is pregnant

I'd just go by the contract. They've already decided it was worth it to them to pay that price.

My wife wouldn't let me though, that's one of many reasons we no longer own/manage our own rental properties. We're too nice to get a good return doing that, so we invest differently.
by White Coat Investor
Fri Feb 09, 2018 1:08 am
Forum: Investing - Help with Personal Investments
Topic: TSP - How to get better international coverage
Replies: 6
Views: 550

Re: TSP - How to get better international coverage

Just put a little EM and/or IS in the Roth IRA to go with the I fund in the TSP.
by White Coat Investor
Thu Feb 08, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 162
Views: 17891

Re: How to Minimize Your Emergency Care Expenses

If you realize you screwed up and went to the ED when you shouldn't have, chalk it up to life experience and don't make that mistake again. Most of us (including me) have made that mistake. Great post! This is exactly what I got out of my expensive and unpleasant ER experience for pneumonia last ye...
by White Coat Investor
Thu Feb 08, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 108
Views: 10175

Re: Larry Swedroe: 4 Horsemen Of Your Portfolio

Even if I don't quite agree with Larry's math here and there, his description of four (or five) 'horsemen' seems fairly sound to me. Where he completely loses me is when he turns to salesmanship, and tries to make the case (without any serious analysis) for those volatility insurance funds and the ...
by White Coat Investor
Wed Feb 07, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16635

Re: Bitcoin in Freefall

A valid question. Many of the up-and-coming projects have the value of the coin tied to the project’s real world adoption/success in some way, as opposed to just being a “currency” and nothing else like BTC and it’s derivitaves. How can something that is infinitely replaceable have any value? No on...
by White Coat Investor
Wed Feb 07, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Taxes for Surgical Resident
Replies: 78
Views: 3591

Re: NYC Taxes for Surgical Resident

At the very least, you'll have to pay taxes on the days you work there, and the apartment could get you in trouble. A hotel, sublet or airbnb might help the case that you're not a part time resident. There are firms that specialize in these issues, but given the type of clientele that needs them, I...
by White Coat Investor
Wed Feb 07, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: No Emergency Funds yet Major Car Emergency
Replies: 47
Views: 3002

Re: No Emergency Funds yet Major Car Emergency

Hello Folks, Need some help please. I have no Emergency Funds and now have a Car emergency. My 2011 Mazda CX-9 broke down yesterday and the dealer said my Engine is out (due to undecteded water pump leak ?, normal wear and tear of water pump and coolent leaked and blew out my engine) and now it wil...
by White Coat Investor
Wed Feb 07, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 5160

Re: Want a Safe Car, Feel Guilty

I currently have a 2007 Lexus. As I get older and more nervous about driving, especially at night, I want to get a vehicle with more safety features, e,g, blind spot monitoring, pre-collision braking, etc. I need a sedan as my elderly parents would have difficulty getting into a SUV. My dilemma is ...
by White Coat Investor
Wed Feb 07, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: NYC Taxes for Surgical Resident
Replies: 78
Views: 3591

Re: NYC Taxes for Surgical Resident

At the very least, you'll have to pay taxes on the days you work there, and the apartment could get you in trouble. A hotel, sublet or airbnb might help the case that you're not a part time resident. There are firms that specialize in these issues, but given the type of clientele that needs them, I...
by White Coat Investor
Wed Feb 07, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14577

Re: Vanguard site is crashed now?

The NYSE closed for about 4 months in 1914 due to the beginning of WWI. There have been brief closures or trading halts on many occasions since due to national security or technical issues. NYSE closure in 1914 is 100 years past relevancy. In this day and age, I have the expectation that a website ...
by White Coat Investor
Wed Feb 07, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: New to site and looking for some guidance
Replies: 8
Views: 343

Re: New to site and looking for some guidance

Hello, I am about as green to this as i could be but here is my scenario. Im 37 No mortgage and house appraised at 325k Self-employed excavating contractor My wife inherited an IRA from her dad she split with siblings and left it with axa in ira about 70k I have a couple rentals that i am keeping b...
by White Coat Investor
Mon Feb 05, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: RBD alert [Really Bad Day]
Replies: 86
Views: 10049

Re: RBD alert [Really Bad Day]

Jacobkg wrote:
Mon Feb 05, 2018 5:35 pm
Can someone remind me what course of action is recommended by the proponents of the RBD philosophy?
You're supposed to put your February 401(k) contribution in today.
by White Coat Investor
Mon Feb 05, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Taxes for Surgical Resident
Replies: 78
Views: 3591

Re: NYC Taxes for Surgical Resident

It's easy enough to go to the source: https://www.tax.ny.gov/pit/file/nonresidents.htm https://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/pit/ny_source_income_nonresident.htm If you are a nonresident individual, estate, or trust, or a part-year resident individual or trust, you are subject to tax o...
by White Coat Investor
Mon Feb 05, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14577

Re: Vanguard site is crashed now?

Don't buy anything you're not comfortable holding if the market closed for ten years or if you can't access Vanguard.com for a week.
by White Coat Investor
Mon Feb 05, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Taxes for Surgical Resident
Replies: 78
Views: 3591

Re: NYC Taxes for Surgical Resident

I don't know if that's the case. I did an "away" rotation in Calfornia during my residency in Arizona and never received any pay from any California employer and certainly didn't pay any California tax. I did pay AZ state tax on that income. It was only a month but I'm not sure there is a big differ...
by White Coat Investor
Sat Feb 03, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 162
Views: 17891

Re: How to Minimize Your Emergency Care Expenses

A few years ago, I fell very hard on my side after tripping while doing brisk walking around the neighborhood. I really had the wind knocked out of me - and had no continuing pain - except for when I first would get out of bed. My wife gave me a hard time that I might have broken rib(s) and should ...
by White Coat Investor
Sat Feb 03, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 162
Views: 17891

Re: How to Minimize Your Emergency Care Expenses

I think the info on billing and insurance and all that is informative. However, in my opinion, reducing costs by not receiving or declining emergency medical care has to be some of the worst advice I have seen on this forum (or anywhere maybe). The OP may feel confident second guessing medical expe...
by White Coat Investor
Sat Feb 03, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 162
Views: 17891

Re: How to Minimize Your Emergency Care Expenses

White Coat Investor, do you think there are emergency physicians - not you specifically - under pressure from the hospital to run more tests in order to bill the insurance company? A physician relative in another specialty felt pressured to run extra tests to bill insurance even though it was at a ...