Search found 12651 matches

by White Coat Investor
Thu Oct 19, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 88
Views: 6463

Re: how long did it take to get used to retirement

It took me five minutes. To me, the two most important benefits of retirement are 1. The freedom of not having a rigid time schedule. 2. The lack of stress. For me, enjoying the lack of stress was immediate. Now, 12 years later, I still enjoy it. I also resurrected an old hobby and have enjoyed spe...
by White Coat Investor
Thu Oct 19, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Best place to invest (*other* than Vanguard)?
Replies: 24
Views: 1527

Re: Best place to invest (*other* than Vanguard)?

I love Vanguard. I love their low-cost index funds. I love their advice... One of the things they say is: Diversify, diversify, diversify. I"m well diversified at Vanguard. But all my money is at Vanguard. I'm thinking it wouldn't be a bad idea to have a second investment account with another firm....
by White Coat Investor
Wed Oct 18, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth applying for Credit Limit Increase?
Replies: 21
Views: 1175

Re: Is it worth applying for Credit Limit Increase?

What do all of you charge that you need such large limits. Taxes in my case. I had gotten increases pretty routinely until I got to about $90K. Then they started wanting more verification. I think they wanted to see tax returns. I haven't bothered doing that so far, but there are times when I'd pay...
by White Coat Investor
Wed Oct 18, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 88
Views: 6463

Re: how long did it take to get used to retirement

I retired from my job 3 months ago at age 59. Although I gave it a lot of thought before I actually pulled the trigger and had 3 trips planned immediately so that I was retiring TO something I am now home and experiencing let down. I guess I was just delaying the inevitable by keeping myself so bus...
by White Coat Investor
Tue Oct 17, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 305
Views: 14736

Re: TD Ameritrade dropping Vanguard from commission-free ETFs

I can't believe how many people are dumping VTI for a $6.95 commission. I'd rather have VTI and pay a commission than some thinly-traded ETF that may fold at any time, has a much larger bid:ask spread, and isn't run by a company like Vanguard. Plus, I hear you can get a few free trades by calling an...
by White Coat Investor
Tue Oct 17, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 305
Views: 14736

Re: Fellow TDA bogleheads

Well this sucks. I'd rather pay a commission and use Vanguard ETFs than use some of these crummy ETFs. That's what I'm doing at Schwab already in my 401(k). Only my HSA is at TD Ameritrade, and I only make one purchase per year right now, so if I can score 30 free trades that'll do me for a long, lo...
by White Coat Investor
Sun Oct 15, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Opinions on bicycle disc brakes?
Replies: 26
Views: 1430

Re: Opinions on bicycle disc brakes?

I've been bicycling regularly for about 10 years. In that time, I've had my share of mechanical issues, but by far the most tempermental component seems to be brakes. There have been periods of time where I had the brakes set up just the way I like them, close into the rim with great stopping power...
by White Coat Investor
Sun Oct 15, 2017 10:38 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 99
Views: 5698

Re: How many miles/years do you keep your car?

I know this has probably been beaten to death but I'm still interested in it. :) If you buy used how old/miles do you generally buy and what age/miles do you sell it on average? If you buy new, how many miles/years before you sell it? If you lease, please ignore this thread. What is your rule of th...
by White Coat Investor
Fri Oct 13, 2017 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2269

Re: Does Vanguard make sense without a computer ?

I think I've been successful advising a relative to move from Edward Jones to Vanguard, however.... their computer/internet skills are poor at best. Computer security... forget it. This person is mid-age and has full cognitive abilities... however computer usage is limited to email and facebook whi...
by White Coat Investor
Fri Oct 13, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2269

Re: Does Vanguard make sense without a computer ?

I think I've been successful advising a relative to move from Edward Jones to Vanguard, however.... their computer/internet skills are poor at best. Computer security... forget it. This person is mid-age and has full cognitive abilities... however computer usage is limited to email and facebook whi...
by White Coat Investor
Thu Oct 12, 2017 3:36 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3891

Re: Protecting against the possibility of a correction?

In general I try to "stay the course" and just stick with a plan, but in times like this (market hitting all-time highs multiple times within a short period) I also do what I think of as "trimming", which is to sell off small portions ($5K - $10K here or there) of over-performing equity funds and p...
by White Coat Investor
Wed Oct 11, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3891

Re: Protecting against the possibility of a correction?

Is anyone doing anything to protect against the possibility of a correction, apart, of course, from the standard Bogleheads stay the course, rebalance, etc? No. I do the boring old "don't invest money you need anytime soon in stocks, static asset allocation I can tolerate in a market downturn rebal...
by White Coat Investor
Wed Oct 11, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6238

Re: Buy when there's blood in the streets!

supersecretname wrote:
Mon Oct 09, 2017 7:03 pm
make more money (work more)
borrow at low rates
sell things
cut expenses further
That's exactly it, plus rebalancing from fixed income. Instead of doing that kitchen remodel, you buy more shares. Instead of new money going toward stocks and bonds, it all goes toward stocks.
by White Coat Investor
Tue Oct 10, 2017 1:05 am
Forum: Personal Consumer Issues
Topic: My Son is buying a 2017 Toyota RAV 4
Replies: 28
Views: 3034

Re: My Son is buying a 2017 Toyota RAV 4

I think cars are best bought with cash as a philosophical thing. It's not that buying one with 0% financing is crazy, but I don't know very many wealthy people who do that now or did it while they were becoming wealthy. Maybe it's just a status symbol to be able to not owe money to people.
by White Coat Investor
Tue Oct 10, 2017 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Sell or keep shares of a private company?
Replies: 39
Views: 2176

Re: Sell or keep shares of a private company?

Why not split the difference? Sell half.
by White Coat Investor
Tue Oct 10, 2017 1:01 am
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 4943

Re: Anyone go 100% Ally or another online bank for all banking needs?

I know someone asked this question regarding Ally awhile ago but I figured I'd start an updated one. I currently keep an account with a local credit union. I get income from a couple different sources which is done via DD. All of my DD's are sent to my local credit union. I then transfer to Ally wh...
by White Coat Investor
Tue Oct 10, 2017 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3891

Re: Protecting against the possibility of a correction?

Is anyone doing anything to protect against the possibility of a correction, apart, of course, from the standard Bogleheads stay the course, rebalance, etc? No. I do the boring old "don't invest money you need anytime soon in stocks, static asset allocation I can tolerate in a market downturn rebal...
by White Coat Investor
Tue Oct 10, 2017 12:48 am
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13676

Re: [Boglehead vs Mr Money Mustache philosophies]

AND ONE MORE THING: HE DOES NOT HAVE ANY ADS ON HIS WEBSITE, just like here!!!!!! Seems odd for him to make $400K a year from the site without any ads doesn't it? These don't count? http://www.mrmoneymustache.com/mmm-recommends/ There are ads at the bottom of the page in both the blog and the forum...
by White Coat Investor
Tue Oct 10, 2017 12:45 am
Forum: Investing - Theory, News & General
Topic: Investing Books Debunked
Replies: 24
Views: 3957

Re: Investing Books Debunked

The Intelligent Investor It's super interesting until you realize the author's recommendation at the end of his life was "Just buy an index fund." I think if you go back to at least the early 60's, Ben Graham at least tried to give a big hint as to how investors might replicate one, but the first a...
by White Coat Investor
Tue Oct 10, 2017 12:35 am
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13676

Re: [Boglehead vs Mr Money Mustache philosophies]

Not much different at all. My goodness, MMM single-handedly writes about the most boring subject of all time, frugal living and a healthy philosophy (creating a low cost indexed and diversified portfolio is almost as boring, for most people). When people cut back on their spending, then they can co...
by White Coat Investor
Sat Sep 30, 2017 11:13 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16233

Re: $10 million+ - Still Working and LBYM

I am interested in the experiences of members who have made the net worth three comma club and are still working. 1. Assuming you are LBYM, how has significant wealth changed your spending habits over time? 2. Assuming you are LBYM, could you stop earning money today and support your current spendi...
by White Coat Investor
Sat Sep 30, 2017 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Two Comma Club
Replies: 17
Views: 4293

Re: Two Comma Club

Last month I put out a post that asked a question about counting a privately held business interest towards one's net worth. It was unanimous: don't count it. Okay, but we were so close to hitting the two comma club, counting any part of it would have pushed us over the threshold. In the end the de...
by White Coat Investor
Sat Sep 30, 2017 12:09 am
Forum: Investing - Theory, News & General
Topic: Investing Books Debunked
Replies: 24
Views: 3957

Re: Investing Books Debunked

Rich Dad Poor Dad. Although I confess I've come to appreciate more of it as an entrepreneur than as a professional/investor. The Intelligent Investor It's super interesting until you realize the author's recommendation at the end of his life was "Just buy an index fund." I've read A LOT of really ba...
by White Coat Investor
Fri Sep 29, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: Review of a boat-bike tour along the Danube River
Replies: 10
Views: 1074

Re: Review of a boat-bike tour along the Danube River

I have a strange fascination with both cycling and helping others walk right on the edge of forum rules. For those who would like to save a few clicks, try this link:

http://www.biketouringtips.com/showTipC ... eadEntries
by White Coat Investor
Fri Sep 29, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 6412

Re: I am in the investment advice industry and I'm not sure if I provide any value

I am a CFA charterholder, and I have been managing money for individuals for about ten years. I am a proponent of using a strategic allocation, and low cost well-diversified index funds. I like what I do, but even as a fiduciary I think charging 1% (the industry standard) for these services makes n...
by White Coat Investor
Thu Sep 28, 2017 1:54 am
Forum: Personal Consumer Issues
Topic: Good camping sleeping pad
Replies: 20
Views: 1374

Re: Good camping sleeping pad

The secret to good car camping is a good cot. I recommend EZCot. Super easy to set up and take down. Then put a thermarest base camp pad on top of it. It's almost as good as my bed at home and I don't mind sleeping on it for a week or more at a time.
by White Coat Investor
Wed Sep 27, 2017 2:14 pm
Forum: Investing - Theory, News & General
Topic: REITs as "pseudo diversification"
Replies: 44
Views: 3655

Re: REITs as "pseudo diversification"

REITs do provide diversification because the correlation between them and the overall market isn't perfect. It varies over time, but is low enough that I think there can still be a place for them for diversification reasons. That said, I think that moderate correlation between REITs and TSM is a goo...
by White Coat Investor
Mon Sep 25, 2017 10:51 pm
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11630

Re: Lifestyle Creep

We're definitely creeping. But thankfully we're not only growing income at a faster rate but we started so low it's still okay.
by White Coat Investor
Sun Sep 24, 2017 9:32 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 125
Views: 8360

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

In accordance with the forum guidelines, I am not seeking medical advice. Rather, I am seeking actionable ideas for how I can choose which practice/practitioner to perform an upcoming procedure. Does anyone, especially any MDs on the board, know how I can go about finding out who to use for a given...
by White Coat Investor
Sun Sep 24, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: My student loan refi experience (SoFi, Earnest, CommonBond)
Replies: 20
Views: 7676

Re: My student loan refi experience (SoFi, Earnest, CommonBond)

As far as I know, the sign-up bonuses offered on my site are the highest available anywhere. Most of them are higher now than in the original post of this thread. Customer service seems to be better each year with most of the companies as the kinks get worked out. Remember no one was doing this prio...
by White Coat Investor
Sat Sep 23, 2017 12:09 am
Forum: Personal Finance (Not Investing)
Topic: What is the right career path for me?
Replies: 24
Views: 2495

Re: What is the right career path for me?

I am 25y/o and after much soul searching, I have found that there are some things that I want to do/become: 1. Physician (orthopedic spine surgeon or pain management doctor). 2. Pharmaceutical/Clinical Researcher (I want to discover new pain drugs and treatments for pain and spine conditions). 3. B...
by White Coat Investor
Fri Sep 22, 2017 5:51 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 12491

Re: Any "average Joe" here actually make out well with individual stocks?

I've never actually owned an individual stocks. I feel like I'm really hanging it out there when I buy a sector fund.
by White Coat Investor
Fri Sep 22, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: 1099 employees how do you mentally handle taking time off?
Replies: 25
Views: 1365

Re: 1099 employees how do you mentally handle taking time off?

After leaving Megacorp, I was presented with an opportunity to become a 1099 employee. Virtually everything about this has been great. I even have the freedom from my client to bill over 40 hours a week if need be and they are very understanding about vacation and time off (they view this as a long...
by White Coat Investor
Fri Sep 22, 2017 5:43 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 192
Views: 35174

Re: USAA 2.5% Cash Back Credit Card

Still not available in Utah. Now I've got my BIL in Arizona bragging about having the card. Grrr.....
by White Coat Investor
Fri Sep 22, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 112
Views: 11870

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

I agree with Larry on this one. Plus, high dividend stocks are likely overvalued due to behavioral aspects-i.e. there are lots of people who irrationally prefer them.
by White Coat Investor
Fri Sep 22, 2017 5:25 pm
Forum: Investing - Theory, News & General
Topic: No More Saving???
Replies: 114
Views: 10462

Re: No More Saving???

Just wondering how many BH out there got to a point [in one's working years] where the need to save for retirement stopped? For example, has anyone stopped the accumulation phase before retiring? If so, please describe your situation. I am past the need to save for retirement at the normal retireme...
by White Coat Investor
Wed Sep 20, 2017 3:35 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 25296

Re: Calling out the not so rich bogleheads

Having said that, I would say that the forums are generally dominated by folks who are millionaires, multi millionaires or soon to be millionaires at very young ages. While this is how it seems to you, I do not believe that it is necessarily true. We don't know the wealth level of most Bogleheads. ...
by White Coat Investor
Tue Sep 19, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Health Savings Account>>VMVAX
Replies: 6
Views: 759

Re: Health Savings Account>>VMVAX

I'd probably go with the most diversified fund. Of those you listed, that's VIIX- the institutional 500 index fund. That assumes you don't plan to spend the money any time soon. If you actually plan to use this for health care expenses you may have, I'd try to find a bond or money market fund to inv...
by White Coat Investor
Mon Sep 18, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Divorced parents saving for kids college
Replies: 16
Views: 1184

Re: Divorced parents saving for kids college

I'd go for # 1 with the 529 in my name if she goes for it, and if not, # 2. But no way am I giving up control which is what a joint account would do.
by White Coat Investor
Tue Sep 12, 2017 4:14 pm
Forum: Personal Consumer Issues
Topic: What do you do in slow travels?
Replies: 55
Views: 4315

Re: What do you do in slow travels?

People are talking about slow travels in retirement, i.e., to spend a week or a month in a place in another country. I just don't know what people do in a foreign city (not speaking the local language) after they finish seeing museums, castles, churches, ruins, etc. I was in Siem Reap of Cambodia t...
by White Coat Investor
Tue Sep 12, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10679

Re: The 10 year car ownership "rule"

There's nothing magic about ten years. The main points are these: 1) The less you spend on transportation, the more you can use to build wealth 2) The longer you keep a car, the less your transportation costs you per year as the largest costs in car buying are depreciation, sales taxes, and interest...
by White Coat Investor
Mon Sep 11, 2017 7:26 pm
Forum: Investing - Theory, News & General
Topic: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think
Replies: 49
Views: 5996

Re: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think

Nothing like your first big bear market to figure out your risk tolerance.
by White Coat Investor
Mon Sep 11, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: What do you do in slow travels?
Replies: 55
Views: 4315

Re: What do you do in slow travels?

People are talking about slow travels in retirement, i.e., to spend a week or a month in a place in another country. I just don't know what people do in a foreign city (not speaking the local language) after they finish seeing museums, castles, churches, ruins, etc. I was in Siem Reap of Cambodia t...
by White Coat Investor
Fri Sep 08, 2017 8:13 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate -> 2% or lower
Replies: 72
Views: 7971

Re: Safe Withdrawal Rate -> 2% or lower

Folks, Someone else is discussing portfolio construction for a very safe withdrawal. But, does that make any sense if your withdrawal rate is 2% or lower? Won't simple 60/40 portfolio works? There must be a gap in my thinking. For example, if the social security cover 50% of a person's retirement e...
by White Coat Investor
Fri Sep 08, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5676

Re: Purchasing Home With Girlfriend; Good or Bad?

Buy a house when your employment and social situations are stable. Having a girlfriend that you don't know if you'll marry or not is certainly NOT a stable social situation. Not only would I not buy a house with her, I wouldn't buy one at all! If you'd asked me if you should buy a condo while dating...
by White Coat Investor
Wed Sep 06, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate -> 2% or lower
Replies: 72
Views: 7971

Re: Safe Withdrawal Rate -> 2% or lower

Folks, Someone else is discussing portfolio construction for a very safe withdrawal. But, does that make any sense if your withdrawal rate is 2% or lower? Won't simple 60/40 portfolio works? There must be a gap in my thinking. For example, if the social security cover 50% of a person's retirement e...
by White Coat Investor
Wed Aug 30, 2017 5:50 pm
Forum: Investing - Theory, News & General
Topic: Can't reinvest Municipal MMF dividends?
Replies: 10
Views: 1378

Re: Can't reinvest Municipal MMF dividends?

Have you ever offered up a disparaging comment about Vanguard on your blog? If so, perhaps they are just getting you back? :twisted: No. I have very few complaints about Vanguard. The things they don't do I don't care about for the most part. Now if I could get Admiral shares in my individual 401(k...
by White Coat Investor
Wed Aug 30, 2017 5:48 pm
Forum: Personal Consumer Issues
Topic: How do you reverse a lifetime of frugality and learn to spend some money?
Replies: 59
Views: 6403

Re: How do you reverse a lifetime of frugality and learn to spend some money?

I was extremely frugal throughout my working years and saved enough money to retire at age 49. I'm now 56 and I have to admit I still worry about spending money on anything but the bare necessities . I have zero debt and my home is paid for. You will be fine as long as you dont by a boat. I think y...
by White Coat Investor
Sat Aug 26, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: Can't reinvest Municipal MMF dividends?
Replies: 10
Views: 1378

Can't reinvest Municipal MMF dividends?

Anyone know why Vanguard.com won't let you set your dividends with Municipal MMF to "reinvest"? Something unique about this fund?