Search found 13125 matches

by White Coat Investor
Thu Apr 19, 2018 10:27 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 61
Views: 2827

Re: Factor in evaluating Physicians

When the list came out I decided it wasn't worth a sandwich to be on it. As you'll notice, I'm not on the list. A few of my partners are on there for $12-65 from Xarelto (a blood thinner we use all the time.) The local GI doc is on there for $75K. Looks like he did some promotional speaking for some...
by White Coat Investor
Thu Apr 19, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 48
Views: 3076

Re: Good Dad, Bad Dad

I'd have helped him get a license years ago, but I don't think I'd buy him a car. I've got this weird, antiquated notion that at 18 the kids are on their own. Even my 9 year old knows he's only got 9 more years at home. I do plan on giving them some money for college and for their 20s (as well as "d...
by White Coat Investor
Thu Apr 19, 2018 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Deciphering USAA Auto Policy (or any auto policy for that matter). Need help.
Replies: 7
Views: 827

Re: Deciphering USAA Auto Policy (or any auto policy for that matter). Need help.

I've got auto/home/umbrella with USAA. I think they required me to increase auto/home liability to $300K when I bought the umbrella. It took a couple of years to get them to sell me an umbrella due to a speeding ticket. Doesn't take much....
by White Coat Investor
Sun Apr 15, 2018 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401K with E-trade or Vanguard?
Replies: 13
Views: 1004

Re: Solo 401K with E-trade or Vanguard?

This is a no-brainer for what you want to do- eTrade. I have a Vanguard solo 401(k). It is restricted to investor share classes and doesn't take IRA rollovers. If I had it to do over again, I'd open it at eTrade. For now, inertia has me by the nose so I'm still at Vanguard. I'm considering closing ...
by White Coat Investor
Sat Apr 14, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Alaska - 8 nights in May
Replies: 10
Views: 839

Re: Alaska - 8 nights in May

Hi - My partner and I are headed to Alaska next month. We're flying into Anchorage and departing 8 days later. We are renting a car and our rough itinerary is below. I'd love to hear any must-do's from those that have done a similar trip. - 1 night in Talkeetna - 2 nights in McKinley - we'll be vis...
by White Coat Investor
Sat Apr 14, 2018 1:48 am
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 61
Views: 7633

Re: Why am I even holding BND? It has only been losing me money.

That's the one. I think we forget sometimes that we all had to learn each of those lessons at some point.
by White Coat Investor
Sat Apr 14, 2018 1:47 am
Forum: Personal Finance (Not Investing)
Topic: 1040 goes into the ether. what now?
Replies: 21
Views: 1619

Re: 1040 goes into the ether. what now?

It just has to be postmarked by Monday. It doesn't have to arrive by Monday. Do you have evidence that you mailed it? Just to avoid anyone panicking - Tuesday, April 17, 2018 is the deadline. Emancipation Day- that one day when local holidays affect the whole country, as long as the locality is Was...
by White Coat Investor
Fri Apr 13, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: 1040 goes into the ether. what now?
Replies: 21
Views: 1619

Re: 1040 goes into the ether. what now?

It just has to be postmarked by Monday. It doesn't have to arrive by Monday. Do you have evidence that you mailed it?
by White Coat Investor
Fri Apr 13, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

Yes, if you're not willing to substitute munis for other bonds, you're probably going to want to do the bonds in tax-protected thing most of the time. Bonds in taxable usually comes down to munis, at least for the upper half of the brackets where most taxable accounts are.
by White Coat Investor
Fri Apr 13, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 3464

Re: Unaffordable prescription drug

Do other insurance companies cover it? If so, I'd look into getting different insurance. How would I find out? See what insurance policies are available in your area (check with a health insurance broker if you need to) and then ask them for their formularies. I'm amazed how little knowledge there ...
by White Coat Investor
Fri Apr 13, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 3464

Re: Unaffordable prescription drug

Do other insurance companies cover it? If so, I'd look into getting different insurance.
by White Coat Investor
Fri Apr 13, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

And maybe people agree that a TIPS fund should not go in taxable. From what I understand, I think this really depends on what state you live in. State income tax has a large affect on where it makes sense to place TIPS. I believe there have been a few threads about this in the past. Maybe someone h...
by White Coat Investor
Fri Apr 13, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

And maybe people agree that a TIPS fund should not go in taxable. From what I understand, I think this really depends on what state you live in. State income tax has a large affect on where it makes sense to place TIPS. I believe there have been a few threads about this in the past. Maybe someone h...
by White Coat Investor
Fri Apr 13, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Dispute Over a Fence
Replies: 12
Views: 1878

Re: Dispute Over a Fence

Gasoline and a lighter at 3 am solves many problems. :) If the agreement is between the business and the city, you're going to have a rough go. If it were between you and the business, I think you've got a case to get a lawyer. However, I'd seriously consider building your own fence on your land jus...
by White Coat Investor
Fri Apr 13, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Is a reduction of my home's assessed value a bad thing?
Replies: 21
Views: 1180

Re: Is a reduction of my home's assessed value a bad thing?

I have the opportunity to contest the current assessed value of my home and reduce my property taxes, but I'm told that could be bad for the future selling price of the property. Is this a legitimate concern? I see nothing concerning here. This is 100% good for you. Who looks at the assessed value ...
by White Coat Investor
Fri Apr 13, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Why traditional IRA better than Roth IRA
Replies: 87
Views: 6701

Re: Why traditional IRA better than Roth IRA

So I have this discussion with a family member. I was gonna support Roth IRA but it turns out traditional IRA is a way better idea Here is what he said Traditional IRA is way better than Roth IRA because you do not pay tax in the beginning. Then when you reach 59 1/2 years old you make sure your wi...
by White Coat Investor
Fri Apr 13, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2263

Re: Guaranteed 9% annualized return?

Your mortgage has an effective after tax rate of 2.75%. 3.875*(1-.29) Your mortgage is a negative bond. Any pre-paid principle applied will thus give you a return of 2.75%. That's exactly right. It's a guaranteed return, but a low one. If that is attractive to you, then take it. There were times in...
by White Coat Investor
Fri Apr 13, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 61
Views: 7633

Re: Why am I even holding BND? It has only been losing me money.

This thread is very amusing because BND is the only thing that @Vision has mentioned that has made any money in the past month for the buy-and-hold investor: https://i.imgur.com/nfshQUC.png VTI is down 4%! VXUS is down about 0.9% BND is UP about 0.4%. Frankly, I'm surprised the question isn't "Why ...
by White Coat Investor
Fri Apr 13, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

Well, that makes it pretty easy to get close to what you want. :D No kidding. Okay, so that's not an issue at all. Here are two reasonable options for you: # 1 Stocks in taxable Taxable Total Stock Market Some of your Total International Stock Market 401(k) Total Bond Market Some REITS TIPS Some to...
by White Coat Investor
Fri Apr 13, 2018 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Anyone in high bracket switching to muni. Money market?
Replies: 14
Views: 1230

Re: Anyone in high bracket switching to muni. Money market?

I've been there for a while, ever since it made sense to move from Ally Bank High Yield Savings. I think it was a couple of Fed rate increases ago. Maybe three.
by White Coat Investor
Fri Apr 13, 2018 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401K with E-trade or Vanguard?
Replies: 13
Views: 1004

Re: Solo 401K with E-trade or Vanguard?

This is a no-brainer for what you want to do- eTrade. I have a Vanguard solo 401(k). It is restricted to investor share classes and doesn't take IRA rollovers. If I had it to do over again, I'd open it at eTrade. For now, inertia has me by the nose so I'm still at Vanguard. I'm considering closing t...
by White Coat Investor
Fri Apr 13, 2018 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

In your case, if you're set on TBM (which you probably shouldn't be if you make enough to save $75K a year), then TSM and TISM are great candidates for the taxable account. If you can be talked into using a muni bond fund for at least some of his nominal bond exposure, I'd put that in taxable first...
by White Coat Investor
Fri Apr 13, 2018 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

Oh, and the RMD issue is a non-issue. There is a difference between having RMD taxed at 12% and having it taxed at 35%. There is a big difference between return of capital that is not taxed, ordinary income that is taxed at high rate, and long-term capital gains tax rate. I suspect the OP is now to...
by White Coat Investor
Thu Apr 12, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

@WCI, your advice is good, but ignores future RMDs from tax-deferred and step-up basis in taxable upon death plus the ability to gift shares to avoid tax, and tax-loss harvesting. And I will say the my REIT crystal ball is working well. :twisted: I acknowledge that all that affects the decision. Li...
by White Coat Investor
Thu Apr 12, 2018 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

I'd avoid REITs. All bonds in any 401(k). REITs not in taxable. Taxable only US Total Stock and Int'l Total Stock. So that means 401(k) can have anything: REITs, bonds, US Total Stock, Int'l Stock, Small-cap value. Roths can have anything, but probably best to keep most bonds out of Roth, but some ...
by White Coat Investor
Thu Apr 12, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 5201

Re: Alternative website for those in lower tax brackets?

I also frequent r/personalfinance, which I would recommend. I have much more in common with the people there than here. There I feel like I'm doing well; here I feel broke and behind the curve. Visiting both helps keep perspective that there's always someone better off and there's always someone wo...
by White Coat Investor
Thu Apr 12, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Should I diversify into rental properties?
Replies: 3
Views: 382

Re: Should I diversify into rental properties?

Sure. Just be aware the rental property market is much less efficient (meaning if you suck at it you'll get poor returns) and involves aspects of a second job. Done well, it can be a great investment.
by White Coat Investor
Tue Apr 10, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 5201

Re: Alternative website for those in lower tax brackets?

I also frequent r/personalfinance, which I would recommend. I have much more in common with the people there than here. There I feel like I'm doing well; here I feel broke and behind the curve. Visiting both helps keep perspective that there's always someone better off and there's always someone wo...
by White Coat Investor
Tue Apr 10, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Driver's permit before 18 - Any financial incentive
Replies: 52
Views: 1679

Re: Driver's permit before 18 - Any financial incentive

TinyElvis wrote:
Tue Apr 10, 2018 10:35 am
Permit at 15, driving at 16.

Driving = freedom and freedom = learning responsibility. There's a good incentive right there.

Let your son become a man.
Amen. In AK I was given a permit at 14 and drove with my parents for two Winters. Good training.
by White Coat Investor
Tue Apr 10, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: Driver's permit before 18 - Any financial incentive
Replies: 52
Views: 1679

Re: Driver's permit before 18 - Any financial incentive

I am pondering to get a permit for my younger kid to start driving with me before he's 18. I'll be clear, I have some qualms about putting a minor on the road, I am not fully convinced this is wise. When I was young (been a while! in another country!), nobody would put a kid on the road before they...
by White Coat Investor
Tue Apr 10, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Roths are our only retirement option. Should we use them to hold equities?
Replies: 13
Views: 1020

Re: Roths are our only retirement option. Should we use them to hold equities?

Bonds should be held in tax-advantaged accounts. It's unfortunately more complicated than that. I wouldn't worry too much about placement esp. as you don't have more tax-advantaged space available to you. That's the right answer. It turns out at low bond yields it doesn't matter much. So if you scr...
by White Coat Investor
Mon Apr 09, 2018 1:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 66
Views: 7997

Re: Too much Bogleheads.org?

After almost a decade and a half on this site and its predecessor, I know where you're coming from. If you're like most, you'll realize there is no benefit to being on here every day after the first year and you'll go do something else. If you're like a few of us, you'll transition to helping others...
by White Coat Investor
Sun Apr 08, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a resident physician
Replies: 13
Views: 768

Re: Asset allocation for a resident physician

Might be too heavy in bonds for your outlook but it also depends on your risk tolerance. Most would argue against tips during accumulation. International allocation looks to be a bit too low. Why prime cap? If you have any loans at the lovely 6.8% interest rate it would be worthwhile to direct mone...
by White Coat Investor
Sat Apr 07, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Water Park Resorts driveable from DC
Replies: 5
Views: 393

Re: Water Park Resorts driveable from DC

I've been to that Wolf Lodge and enjoyed it. Not sure whether you're going to be able to find something cheaper when you add everything in.
by White Coat Investor
Sat Apr 07, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: !Please Advise on sensible housing for guy going through divorce!
Replies: 32
Views: 2634

Re: !Please Advise on sensible housing for guy going through divorce!

I'm not sure moving out is the best idea. Talk to an attorney first.
by White Coat Investor
Sat Apr 07, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a resident physician
Replies: 13
Views: 768

Re: Asset allocation for a resident physician

How much money? I think that's too many funds for a 4 or 5 figure portfolio. I'd keep it simpler until you get out of residency and really start chunking away at it. Target Retirement funds are great for busy residents.
by White Coat Investor
Fri Apr 06, 2018 2:23 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 8999

Re: How Do You Value Your Home for Net Worth Purposes?

Net worth is a well defined term but once you are retired it’s application is limited. Mostly for estate planning methinks. Cash flow available to spend along with expenses (fixed and variable) are what’s important. If you are planning to sell in the short term obviously real estate values take on ...
by White Coat Investor
Thu Apr 05, 2018 1:17 am
Forum: Personal Finance (Not Investing)
Topic: medical practice reimbursement issues
Replies: 35
Views: 2466

Re: medical practice reimbursement issues

I am an employed physician. I will not work for 50% of "X" when I have no control over "X" My contract stipulates that I will work for Y. In return all my billings belong to my employer. Now the responsibility is on my employer to collect the maximum possible. I do not care if he elects to employ h...
by White Coat Investor
Thu Apr 05, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 193
Views: 28791

Re: How to Minimize Your Emergency Care Expenses

I am extremely lucky to have two health care plans, the VA and from work in retirement for life. I skipped over your post realizing once again, how lucky I do not have to use the complicated information you provide and take two or three hours of my time trying to understand it: Plus 1. I live in Ra...
by White Coat Investor
Wed Apr 04, 2018 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: How do Bogleheads Take Advantage of Dips When Fully Invested?
Replies: 55
Views: 6993

Re: How do Bogleheads Take Advantage of Dips When Fully Invested?

Hello all, I am a Boglehead and have been for the past 6 years which has worked out great for me. I know the general answer to my question is, check AA at fixed intervals, if it is unbalanced, rebalance it. BUT It can be frustrating when the market has a huge pullback yet you do not get to take adv...
by White Coat Investor
Wed Apr 04, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: Has anyone changed their AA/IPS/investing strategy recently?
Replies: 25
Views: 1852

Re: Has anyone changed their AA/IPS/investing strategy recently?

With the "2nd longest and 2nd largest" bull market ever, and some indicators pointing toward an overvalued market, and some pundits predicting doom and gloom.. I would be highly surprised if we don't see a bear market or crash this year or by 2019 at the latest. Is there any value in buying more bo...
by White Coat Investor
Wed Apr 04, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 42
Views: 2749

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

You guys that hike in these terrible rainy conditions where its impossible to dry out a sleeping bag must be masochists. Surely these can't be regular trips right? Could I survive a week on the Olympic peninsula in December with a down bag? Probably but I'd still be wishing I wasn't there even with...
by White Coat Investor
Wed Apr 04, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10349

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

Rental income isn't earned income so can't be used for retirement account contributions. Hope that doesn't cause them a problem! They are contributing rent to the 401(k). The 401(k) owns the property and gets the rent directly. I seem to remember that 401(k)s avoid the UBIT/UBTI issues that plague ...
by White Coat Investor
Wed Apr 04, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 8999

Re: How Do You Value Your Home for Net Worth Purposes?

You have to begin by asking why you want to know your net worth and what you will use the number for. I've never been able to figure out any actual use for it other than to make me feel good and/or have an answer if someone asks me my net worth. Which I don't think has ever happened, in fact. The u...
by White Coat Investor
Wed Apr 04, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 42
Views: 2749

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

I'm allergic to feathers, which is sufficient reason to use a synthetic bag. But I've also hiked in climates where no precautions will keep your gear dry, and there is no way to dry it once wet. If gear doesn't work when wet it doesn't work. Fair enough. I disagree that gear cannot be kept dry hiki...
by White Coat Investor
Wed Apr 04, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: My wife being added to my single-member LLC
Replies: 16
Views: 1874

Re: My wife being added to my single-member LLC

I did this and wrote a big post about it once. It is a very good idea for you as you'll get an extra 401(k) ($53K) without even having to pay any extra in SS tax like I did. This all assumes there is enough income in this LLC to be able to max out an individual 401(k) for each of you. Remember, if ...
by White Coat Investor
Wed Apr 04, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10349

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

http://time.com/money/5209776/this-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-do-it/ In case you missed the article, this young couple have their FIRE plan going big time and Lily credits the Boglehead forum for giving her the smarts and expertise to develo...
by White Coat Investor
Fri Mar 30, 2018 12:29 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 8999

Re: How Do You Value Your Home for Net Worth Purposes?

You have to begin by asking why you want to know your net worth and what you will use the number for. I've never been able to figure out any actual use for it other than to make me feel good and/or have an answer if someone asks me my net worth. Which I don't think has ever happened, in fact. The u...
by White Coat Investor
Fri Mar 30, 2018 12:25 am
Forum: Investing - Help with Personal Investments
Topic: Schwab PCRA in 401k plan
Replies: 9
Views: 502

Re: Schwab PCRA in 401k plan

My employer has Schwab PCRA in addition to other funds abailable. Is this something you would invest in? Looks like you dont have the same previleges with this tha you have with other funds? Anybody with experience in it? Thanks I have a PCRA option. I just buy Vanguard ETFs. The main reason I use ...
by White Coat Investor
Thu Mar 29, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy? Military Doc. What would you do?
Replies: 46
Views: 3129

Re: Rent or Buy? Military Doc. What would you do?

In retrospect, I should not have purchased a home while I was in the military. Moving every 2-5 years is not conducive to making money owning a home. Sometimes you get lucky, but on average you don't get enough appreciation to overcome your transaction and ownership costs. To follow up on your post...