Search found 13228 matches

by White Coat Investor
Tue Sep 18, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3127

Re: Equity in house / Do you use it?

After I received a threatening letter from an attorney regarding a dog bite that allegedly occurred on my property, I immediately took out a HELOC. When attorney's are working on a contingency basis, you want to make sure there are as many liens on a property as possible so it looks like you're lev...
by White Coat Investor
Tue Sep 18, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3127

Re: Equity in house / Do you use it?

Just want to solicit some BHs opinions whether or not the equity of the primary residence is used in anyway? We own a roughly $2M house with only $70k left on the mortgage. I am thinking of reasonable ways to use this big prtion of equity. Thanks Yes, I use mine to eliminate the need to pay interes...
by White Coat Investor
Mon Sep 17, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Whole Life vs Universal Life Insurance
Replies: 24
Views: 931

Re: Whole Life vs Universal Life Insurance

I am 29, and want to start a life insurance policy. I am attracted to the permanent plans, as they can actually pay back. I am trying to decided if I should go with whole life or Universal. From reading it seems like whole life usually offers some good dividens that can be reinvested, but universal...
by White Coat Investor
Mon Sep 17, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 9780

Re: Massive Student Loan Debt - Fiancee

Mon September 11, 2018 9:10 a.m. I've been dating a wonderful speech-language pathologist for about 2 years and now we're engaged. she took out massive amount of student loan debt (130k+)....I love her, but I agonize about our future. How much of a red flag should this be? If the PSLF program were ...
by White Coat Investor
Sat Sep 08, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - which fund to use for initial IRA contribution?
Replies: 4
Views: 374

Re: Backdoor Roth - which fund to use for initial IRA contribution?

Use the MMF and convert that extra dollar into the Roth IRA the next day. Technically you'll owe taxes on the dollar. Thanks! Yeah that's what happened last year, I owed taxes on the dollar. Sounds silly but was just wondering if there was some way to avoid that You can do the conversion the very n...
by White Coat Investor
Sat Sep 08, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2190

Re: Video Game Collection

You're not playing them and they're taking up space in your life and garage. If I couldn't sell them, I'd take them down to the thrift store.
by White Coat Investor
Sat Sep 08, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - which fund to use for initial IRA contribution?
Replies: 4
Views: 374

Re: Backdoor Roth - which fund to use for initial IRA contribution?

Use the MMF and convert that extra dollar into the Roth IRA the next day. Technically you'll owe taxes on the dollar.
by White Coat Investor
Sat Sep 08, 2018 2:10 pm
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 125
Views: 13370

Re: Your Favorite Place on Earth: Where and Why?

Jake46 wrote:
Wed Aug 29, 2012 7:50 pm
Grand Tetons.
How many are there?
by White Coat Investor
Sat Sep 08, 2018 9:25 am
Forum: Local Chapters and Bogleheads Community
Topic: Salt Lake City Bogleheads
Replies: 57
Views: 9413

Re: Salt Lake City Bogleheads

Construction in the parking lot at the primary location. Go to the Kneaders at 962 W South Jordan Parkway.
by White Coat Investor
Fri Sep 07, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7436

Re: Should I keep my financial advisor

Hello all, I'm a long time lurker but first time poster. I'm 33yrs old, married, no kids yet but planning to have one soon. I currently have a fee only financial advisor that manages my investment and other aspects of personal finance. They charge flat retainer fee of 5k per year, soon to go up to ...
by White Coat Investor
Fri Sep 07, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Using your home as old age care self-insurance?
Replies: 74
Views: 5644

Re: Using your home as old age care self-insurance?

Once I get that bad I want the cocktail. I don't see the point of wasting all that money just so that I am only surviving not living. I'm told that lots of younger people feel this way but when you ask people that are older/have lots of medical problems many/most want to keep on living as long as t...
by White Coat Investor
Fri Sep 07, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: D. E. Shaw fund prospectus - would you invest?
Replies: 35
Views: 2166

Re: D. E. Shaw fund prospectus - would you invest?

The Boglehead philosophy, as we all know, is to invest in the public markets using low-cost index funds, and to collect market returns slowly, steadily, and without complaint. But of course there is a whole other world of investing out there, an alternative world of private assets, exotic derivativ...
by White Coat Investor
Fri Sep 07, 2018 6:10 pm
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 6828

Re: Daily Driver (Car) Over 100K Miles?

I own an older Subaru Forester with > 100K miles. I recently spent $750 on a timing belt replacement so probably will keep the car 'til it dies. Who else has a high mileage vehicle that's used as a daily driver? What type of vehicle is it, and how do you decide when to sell it? Do you buy another c...
by White Coat Investor
Fri Sep 07, 2018 5:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: Salt Lake City Bogleheads
Replies: 57
Views: 9413

Re: Salt Lake City Bogleheads

I won't be checking email again until late tonight after my shift so don't panic if you don't get a response until then.
by White Coat Investor
Fri Sep 07, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Yellowstone and Grand Teton must see and do
Replies: 22
Views: 1754

Re: Yellowstone and Grand Teton must see and do

I recommend the Grand Traverse. :)
by White Coat Investor
Fri Sep 07, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: help with personal financial situation!
Replies: 12
Views: 2018

Re: help with personal financial situation!

Personal: Primary care doc, 32, single but will get married in 2018. She is a 27 year old PhD student. State of residence: California. 2017 marginal tax rate 25% (half income from residency). Will help to MFJ going forward. Income: Salaried at county clinic for $207k (will be $217 in 2019). Have pe...
by White Coat Investor
Fri Sep 07, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12064

Re: Excessive Emergency Room Charges - Options?

I think paying twice ($200 then $2000) occasionally is better than guessing wrong just once and going to the ED for something the UC could handle.
by White Coat Investor
Fri Sep 07, 2018 5:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Salt Lake City Bogleheads
Replies: 57
Views: 9413

Re: Salt Lake City Bogleheads

Here? 8:30am Draper Kneaders 177 13800 S, Draper, UT 84020 WCI - what topic? Just in case I have interested friends. I'm not in charge (and actually I'm not sure who is), but that's not the location in the email being circulated for the group. I don't know if I'm even allowed to post the location o...
by White Coat Investor
Fri Sep 07, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12064

Re: Excessive Emergency Room Charges - Options?

That's not what urgent cares do. That is the definition of an emergency and that's what EDs are for. Urgent care is for tiny lacerations that barely need suturing, reassurance that your child's fever isn't fatal, stuff that doesn't need treated anyway like sinus infections and bronchitis and pharyn...
by White Coat Investor
Fri Sep 07, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: help with personal financial situation!
Replies: 12
Views: 2018

Re: help with personal financial situation!

Personal: Primary care doc, 32, single but will get married in 2018. She is a 27 year old PhD student. State of residence: California. 2017 marginal tax rate 25% (half income from residency). Will help to MFJ going forward. Income: Salaried at county clinic for $207k (will be $217 in 2019). Have pe...
by White Coat Investor
Fri Sep 07, 2018 11:52 am
Forum: Local Chapters and Bogleheads Community
Topic: Salt Lake City Bogleheads
Replies: 57
Views: 9413

Re: Salt Lake City Bogleheads

Sure, why not? I'll come and I'll be prepared to present something.
by White Coat Investor
Thu Aug 23, 2018 8:10 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2529

Re: Rating system for posts/posters ?

Hello Admins, just thinking aloud - how do you feel about incorporating some sort of rating system for posts (or posters) ? The reason is as we've grown in leaps and bounds, I'm sure you've noticed a lot of pretty low quality posts these days. Random opinions without facts, distorted data, illogica...
by White Coat Investor
Wed Aug 22, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10307

Re: I own 1,387 items!

I'm hoping this thread gets deleted, not just locked... 😞 This thread has the potential to be great. I hope it goes on and on. It's fascinating! I can't believe people would actually count how many items they own??? This can't be a real thing, can it??? 100 items? No way this is real, but it is ent...
by White Coat Investor
Wed Aug 22, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 10561

Re: The Bigger Story: Fidelity Expense Ratios

You won't find it in a prolonged internet search either. It doesn't exist. That was the point. In the past, when I had a portfolio with a SCV tilt (not at Vanguard/Fidelity), I used iShares S&P SmallCap 600 Value IJS for my small-cap value allocation. It should be commission-free at Fidelity for th...
by White Coat Investor
Wed Aug 22, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12064

Re: Excessive Emergency Room Charges - Options?

Those dollar amounts seem pretty standard for emergency room charges. I thought they sounded pretty cheap. I kept reading waiting for the excessive charges to appear. It would appear the OP has no idea what emergency care costs. You know that little ultrasound probe they used to do your ultrasound?...
by White Coat Investor
Tue Aug 21, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12064

Re: Excessive Emergency Room Charges - Options?

Those dollar amounts seem pretty standard for emergency room charges. I thought they sounded pretty cheap. I kept reading waiting for the excessive charges to appear. It would appear the OP has no idea what emergency care costs. You know that little ultrasound probe they used to do your ultrasound?...
by White Coat Investor
Tue Aug 21, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 11867

Re: Is a million really the benchmark for retirement

I mean, I look at my past and I did most things, "right" including saving early and often, right from when I was out of college, but I am just not going to get there at my current pace. I can see where I did two things "wrong." The first is I was buying into mutual funds with high costs until a few...
by White Coat Investor
Tue Aug 21, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12064

Re: Excessive Emergency Room Charges - Options?

Those dollar amounts seem pretty standard for emergency room charges. I thought they sounded pretty cheap. I kept reading waiting for the excessive charges to appear. It would appear the OP has no idea what emergency care costs. You know that little ultrasound probe they used to do your ultrasound?...
by White Coat Investor
Tue Aug 21, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Giving away donation receipts
Replies: 22
Views: 1575

Re: Giving away donation receipts

We in addition do small charitable things such as donating a 20 dollars worth bag of clean used clothes, a $100 ticket to a charity event, that sort of things. These now aren’t deductible. What are your thoughts on my giving the receipt for these things to a friend or family member that can itemize...
by White Coat Investor
Tue Aug 21, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Another approach to bonds
Replies: 20
Views: 2125

Re: Another approach to bonds

I've tried rebalancing, but I live in a high-tax state and selling the total stock fund to by IT bonds gets expensive. (I sold all my S&P fund in 2009, tax-loss harvested, and bought right back into the Total Stock Market fund, so my capital gains in stock have been appreciable.) I've tried to main...
by White Coat Investor
Tue Aug 21, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 10561

Re: The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me as big a story as the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is so...
by White Coat Investor
Tue Aug 21, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 164
Views: 17564

Re: Bonds in Taxable

My own situation involves high current taxes (about 43% marginal combined), then expected low taxes in retirement (maybe zero) due mostly because the vast majority of my holdings are basis (sadly) and I anticipate doing t401K to Roth conversions during early retirement. Is there a spreadsheet float...
by White Coat Investor
Fri Aug 10, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 10561

Re: The Bigger Story: Fidelity Expense Ratios

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me as big a story as the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is so...
by White Coat Investor
Tue Jul 31, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 164
Views: 17564

Re: Bonds in Taxable

People should try to understand the concepts behind this discussion and apply it to their own situation. There is just too much chance of "bias of the familiar" in any broad statements that relate to the tax code. That's an excellent point. One also must keep this in mind when reading articles and ...
by White Coat Investor
Mon Jul 30, 2018 9:43 pm
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 164
Views: 17564

Re: Bonds in Taxable

People should try to understand the concepts behind this discussion and apply it to their own situation. There is just too much chance of "bias of the familiar" in any broad statements that relate to the tax code. That's an excellent point. One also must keep this in mind when reading articles and ...
by White Coat Investor
Mon Jul 30, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 3160

Re: The Guy with the Weird Portfolio

Why are you making so many big bets? You must be much more confident in your crystal ball than I am in mine. Why not share the reasoning behind each piece of your portfolio and see if we can help you shoot some holes in your reasoning. If we can't, you'll be much more confident in your plan. If we c...
by White Coat Investor
Fri Jul 27, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: "4 Reasons Why We Overcomplicate Investing"
Replies: 30
Views: 5149

Re: "4 Reasons Why We Overcomplicate Investing"

“As I tell people, if you can’t explain your investing strategy to an 8-year old, you’re doing something wrong.” This is the final line and a test I think we need to pass. Those that can, really do understand what they are doing. I guess I'd counter that with: "Make things as simple as possible, bu...
by White Coat Investor
Wed Jul 25, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Crowdfunding real estate TAXES
Replies: 4
Views: 932

Re: Crowdfunding real estate TAXES

All, I'm thinking about commercial real estate investment through Realty Shares or Mogul. Can someone please share experience with out-of state taxes for individual and/or private reit investments? I use turbo tax. Thank you. B=- You generally do not have to file out of state taxes for debt deals b...
by White Coat Investor
Tue Jul 24, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: "4 Reasons Why We Overcomplicate Investing"
Replies: 30
Views: 5149

Re: "4 Reasons Why We Overcomplicate Investing"

Bogleheads: AARP has an excellent article about the importance of Simplicity written by Boglehead advisor, Allan Roth, CPA, CFA. These are excerpts: "Though investing should be simple, simplicity can be quite difficult. There are powerful forces in play that compel us to overcomplicate." "With a Va...
by White Coat Investor
Mon Jul 23, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 7103

Re: Families - What's your total annual credit card spend?

Just for reference, I'm curious what you married-with-kids bogleheads are spending on your combined total credit card expenses each year? The last couple years DW + I have been in the $40-$45K range. Seems high to me when I look at it, though we do have 3 kids and put everything we can on CCs, incl...
by White Coat Investor
Tue Jul 17, 2018 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 7103

Re: Families - What's your total annual credit card spend?

Just for reference, I'm curious what you married-with-kids bogleheads are spending on your combined total credit card expenses each year? The last couple years DW + I have been in the $40-$45K range. Seems high to me when I look at it, though we do have 3 kids and put everything we can on CCs, incl...
by White Coat Investor
Thu Jul 05, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: Tipping at non sit down places
Replies: 94
Views: 8461

Re: Tipping at non sit down places

Another Bogleheads tip thread. I'm not sure why we can't resist these.

If I've got to stand in line to get the food, carry it to my table, and bus my own table, what would I be tipping for? You want a tip? Do at least one of those things for me.
by White Coat Investor
Mon Jul 02, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Need Your Feedback on 100% VTSAX
Replies: 39
Views: 3994

Re: Need Your Feedback on 100% VTSAX

Hello, Thank you for all your answer to my questions during July 2017. After some research (bogleheads and JLCollins) and additional savings, I have decided to invest $55K in VTSAX (Admiral) over the course of the next three months. After that, I will be adding $1700 of monthly salary towards this ...
by White Coat Investor
Mon Jul 02, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 207
Views: 34723

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I read the book yesterday. Well worth the read even if none of it would be new to an experienced Boglehead. I'll be running a review of it on my blog in a few weeks.
by White Coat Investor
Sun Jul 01, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 5081

Re: Do you own just 5% of anything?

Like the title says: what [asset or fund] do you own that makes up less than 5% of your portfolio and why? For this discussion let's avoid mentioning stocks of individual companies (boring) or funds that happen to make up less than 5% of your portfolio that are nearly identical to other funds you o...
by White Coat Investor
Sun Jul 01, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Just joined the workforce with $400k in student debt: can you review my financial plan?
Replies: 14
Views: 2511

Re: Just joined the workforce with $400k in student debt: can you review my financial plan?

Hi all, thank you in advance for your help, I am grateful. I am a 30 y/o single person who finished med school one year ago and have finished my first of 3 years of residency (post-med school training in which I'm paid 54k). I'm living extremely frugally and attempting to put money in the right pla...
by White Coat Investor
Fri Jun 29, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7263

Re: Yes, It’ll Happen - Jonathan Clements

I think Bogleheads sometimes forget that they're not Jonathan's target audience.
by White Coat Investor
Fri Jun 29, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 108
Views: 8075

Re: Can I buy a Tesla?

Sounds like there is a consensus I "can" buy a tesla. But a number of you seem to think I shouldn't. For those you who think I should "live like a resident" and wait to buy, what would be a target NW where you would feel comfortable advising me to pull the trigger? $500k? $1M? I'd say $1M, but I'm ...
by White Coat Investor
Fri Jun 29, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: What is your debt interest rate threshold?
Replies: 57
Views: 3676

Re: What is your debt interest rate threshold?

I'm in debt. Mortgage @ 3.25% Student Loan @ 1.6% DW Student Loans @ 3.61%, 4.41%, 4.04%, and 5.06% Car @ 1.65% My question is... at what interest rate do people feel its more worthwhile to invest rather than pay down the debt? When does the opportunity cost outweigh the loan fee? I don't have any ...