Search found 13266 matches

by White Coat Investor
Mon Sep 24, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 5884

Re: Emotional Investor - I'm a mess and need help!

I rarely say this, but I think you could use a good advisor (not a family member) who offers good advice at a fair price and will help protect you from your own tendencies. A fee based financial planner can clearly help keep you on track with the first. I'm sure you meant fee-only, as fee-based mea...
by White Coat Investor
Mon Sep 24, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get $100k cash
Replies: 86
Views: 7050

Re: Best way to get $100k cash

What happens at the end of the year? Are you hoping to find another 0% credit card? Or will you have the money then? I will pay the 100k off throughout the year from my monthly savings. I have about $150k savings every year after 401k, 529, IRA, etc. Okay, seems reasonable if you can get the credit...
by White Coat Investor
Mon Sep 24, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get $100k cash
Replies: 86
Views: 7050

Re: Best way to get $100k cash

This is weird. Why do you care if you owe the money to the mortgage division of the bank vs the credit card division? At most you're going to save $3,625 doing this. Is that the goal? Do you have $100K to pay off this debt now? Will you have it in a year? Why not just send it to the lender as you g...
by White Coat Investor
Mon Sep 24, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5366

Re: Ripped off by a locksmith

I've read most locksmiths charge people before unlocking because people see how easy it was then refuse to pay. I'm curious as to what he could have done had you only agreed to pay $100 since your door was already open. Moral of the story- locksmiths should make it look hard to open the door. Then ...
by White Coat Investor
Mon Sep 24, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get $100k cash
Replies: 86
Views: 7050

Re: Best way to get $100k cash

Hello, is there any way to get - $100k from like credit card cash advance or some other way - with 0 (or low) fees - with a year of 0% APR. I can pay it off before the 1 year deadline when the 0% APR ends. Basically, I am looking to pay off my 3.625% mortgage balance. Most of my current credit card...
by White Coat Investor
Sun Sep 23, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 5884

Re: Emotional Investor - I'm a mess and need help!

Hello everyone. This email is long overdue from me and I finally found the guts and time to write it. I appreciate this forum and all those who spend precious time helping others with investment advice. Here's my story: I am a 40-year old physician relatively well to do with about 300k to invest a ...
by White Coat Investor
Sun Sep 23, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for upcoming medical / IVF expenses
Replies: 52
Views: 2652

Re: How to pay for upcoming medical / IVF expenses

$200K income. $20K expense. Why not stop saving for retirement for a few months to get the $20K? You should be saving something like $30-40K for retirement. Remember that lots of people don't even start saving for retirement until their 40s. If you can't afford IVF on an income of $200K, how do you...
by White Coat Investor
Sun Sep 23, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3509

Re: How to get rid of rabbits

I would shoot them but not with lead bullets. I have a squirrel problem and use a pellet gun to control the population. I switched to copper pellets after I read that birds of prey often die from lead poisoning. I would definitely eat them (but I leave the squirrels in the yard and they are always ...
by White Coat Investor
Sun Sep 23, 2018 9:10 pm
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3509

Re: How to get rid of rabbits

They are cute and fluffy. So are moose. I eat those too. Bullwinkle? :shock: I figure that unless you're a vegetarian, you've got no moral argument to argue against hunting/eating wild game. Seems far more ethical to allow animals to live a full life in their natural environment before a few second...
by White Coat Investor
Sun Sep 23, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: To Keep or Cash-in Whole Life Policy
Replies: 6
Views: 864

Re: To Keep or Cash-in Whole Life Policy

I might cancel it just so I don't have to look at it every year. Luckily, this hasn't been too expensive for you. I run into people all the time with 50X as large of policies. But after 20 years, the return going forward may very well be acceptable to you as an investment. Calculate it and decide.
by White Coat Investor
Sun Sep 23, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 192
Views: 11955

Re: iPhone XS Max

I then put it inside a waterproof case. But thus far, it has survived numerous canyons. I'm sure it has been below 2m too as I jumped into pools but I don't dare take it SCUBA diving as neither the case or the phone is rated to below 2m. My phone has not been tested like that. After almost every hi...
by White Coat Investor
Sun Sep 23, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for upcoming medical / IVF expenses
Replies: 52
Views: 2652

Re: How to pay for upcoming medical / IVF expenses

Hi all, Got a question that I need some input on. My wife and I (early 30s) got married last year. We bought our first home a month later and we've been happy since. Unfortunately, the next stage in life seems like it is going to be a costly one. We need to go through fertility / IVF treatments whi...
by White Coat Investor
Sun Sep 23, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: How do I allocate social security in retirement?
Replies: 19
Views: 1780

Re: How do I allocate social security in retirement?

Social security is not part of your investment portfolio. The best way to take it into account is to subtract the monthly social security payment from your total monthly budget. The portion of the budget that remains is what you need to cover with your investment portfolio. I agree. That's how I wo...
by White Coat Investor
Sun Sep 23, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 67
Views: 7430

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

Has anyone answered the question yet about how the two yields are calculated. I always treated them as basically equivalent and leave my money where the higher one is but if I were to find out that one method is 10 basis points lower than the other, that could affect my decision.
by White Coat Investor
Sun Sep 23, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3509

Re: How to get rid of rabbits

If you're going to trap them, why release them? Just eat 'em. Would you trap a chicken and relocate it? https://www.thedailymeal.com/healthy-eating/rabbit-good-you-here-are-9-best-ways-cook-it They are cute and fluffy. So are moose. I eat those too. Bullwinkle? :shock: I figure that unless you're a...
by White Coat Investor
Sun Sep 23, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3509

Re: How to get rid of rabbits

Dottie57 wrote:
Sun Sep 23, 2018 9:04 am
White Coat Investor wrote:
Sun Sep 23, 2018 8:38 am
If you're going to trap them, why release them? Just eat 'em. Would you trap a chicken and relocate it?

https://www.thedailymeal.com/healthy-ea ... ys-cook-it
They are cute and fluffy.
So are moose. I eat those too.
by White Coat Investor
Sun Sep 23, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 192
Views: 11955

Re: iPhone XS Max

Come up with a new feature I want, and I'll fork out for it. The last time that happened was the iPhone 7 - I wanted the waterproof feature. So far it has worked very well. My thoughts exactly. Last year, I bought the 8 for the water proofing. No more zip lock bags when walking in the rain. The new...
by White Coat Investor
Sun Sep 23, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3509

Re: How to get rid of rabbits

If you're going to trap them, why release them? Just eat 'em. Would you trap a chicken and relocate it?

https://www.thedailymeal.com/healthy-ea ... ys-cook-it
by White Coat Investor
Sat Sep 22, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 70
Views: 3702

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

I've read a lot of opinions on the forums claiming that unleveraged real estate returns are comparable to stock market returns and others claiming that unleveraged real estate returns are just barely a notch above inflation and that all of the stock-like return comes from the leverage. Obviously th...
by White Coat Investor
Sat Sep 22, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: AQR podcast: stocks are not real assets and do not hedge against inflation risk
Replies: 25
Views: 2048

Re: AQR podcast: stocks are not real assets and do not hedge against inflation risk

I think I get plenty of inflation protection from my portfolio: Stocks: As prices rise companies can charge more That's exactly what they say doesn't happen in practice (at least enough to protect you from inflation). -Companies might not be able to increase prices enough to keep up with inflation ...
by White Coat Investor
Sat Sep 22, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 192
Views: 11955

Re: iPhone XS Max

Come up with a new feature I want, and I'll fork out for it. The last time that happened was the iPhone 7 - I wanted the waterproof feature. So far it has worked very well.
by White Coat Investor
Fri Sep 21, 2018 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in Taxable Account
Replies: 6
Views: 571

Re: Bonds in Taxable Account

A reasonable rule of thumb, however, is that if you're in the top 2 or 3 brackets you should use a muni fund. If you're in the bottom 2 or 3 brackets are you really able to save enough to have much of a taxable account anyway? There's probably a way to get that money into a retirement account. It i...
by White Coat Investor
Fri Sep 21, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 26
Views: 1961

Re: New car - 0% loan or $500 rebate

Do you like being in debt? I don't. I can afford the luxury of not having to leverage everything in my life to the hilt in order to meet my financial goals.
by White Coat Investor
Fri Sep 21, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: AQR podcast: stocks are not real assets and do not hedge against inflation risk
Replies: 25
Views: 2048

Re: AQR podcast: stocks are not real assets and do not hedge against inflation risk

I think I get plenty of inflation protection from my portfolio: Stocks: As prices rise companies can charge more Bonds: I keep them short term so if rates rise I rapidly have new securities at higher yields and also use TIPS which are indexed to inflation Real Estate: Appreciates in value with infla...
by White Coat Investor
Fri Sep 21, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in Taxable Account
Replies: 6
Views: 571

Re: Bonds in Taxable Account

Great question. I use the SEC yield. If that's wrong I haven't yet heard a cogent explanation of why. A reasonable rule of thumb, however, is that if you're in the top 2 or 3 brackets you should use a muni fund. If you're in the bottom 2 or 3 brackets are you really able to save enough to have much ...
by White Coat Investor
Fri Sep 21, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: My 529 strategy....please pick this apart
Replies: 5
Views: 659

Re: My 529 strategy....please pick this apart

Quick background...NY State Resident, MFJ, 1 child, Already maxing out tax-advantaged accounts so we would be foregoing investing in taxable accounts in order to invest in 529. My strategy: 1) Wife and I each contribute $5K to NY State 529 plan and $35K to Utah 529 plan right now. This will result ...
by White Coat Investor
Fri Sep 21, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: One thing I dislike about TDFs
Replies: 20
Views: 857

Re: One thing I dislike about TDFs

If you know enough to complain about what is in a target date fund, you don't belong in a target date fund.
by White Coat Investor
Fri Sep 21, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Buckingham Strategic Wealth #12 on Barron's
Replies: 13
Views: 1579

Re: Buckingham Strategic Wealth #12 on Barron's

I'm not sure AUM is the best way to rank an advisory firm. I think I'd rather see a ranking done by lowest average fee per client. Or highest percentage of clients reaching their goals. Why would clients care if your firm is in one state or twelve? That article, list, and table are so non-client cen...
by White Coat Investor
Fri Sep 21, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Coverdell ESA Asset Allocation
Replies: 8
Views: 595

Re: Coverdell ESA Asset Allocation

We're trying to determine the best Schwab bond index fund to make up a simple 2-fund portfolio in Coverdell ESAs. Our kids are 4, 7, and 10. We've looked over the following the guidelines Robert T has kindly posted here https://www.bogleheads.org/forum/viewtopic.php?t=7353&mrr=1285785060 . We've ha...
by White Coat Investor
Fri Sep 21, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 64
Views: 6714

Re: Don't trust Tripadvisor reviews

Just wanted to spread the word out, so those of you who trust their reviews may reconsider. You are saying that you can't trust reviews done by anonymous internet individuals? I'm shocked and chagrined! Mortified and stupefied! :shock: Gosh, what's next? Financial advice? :shock: Most burned I ever...
by White Coat Investor
Thu Sep 20, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents are in debt - Need advice
Replies: 39
Views: 4668

Re: Elderly parents are in debt - Need advice

livesoft wrote:
Tue Sep 18, 2018 7:39 pm
Family meeting time! Do you have [step]-siblings?
Probably a good idea to include an attorney in your state that specializes in bankruptcy +/- medicaid planning.
by White Coat Investor
Thu Sep 20, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11177

Re: Did you really have something to retire to?

My plan was to not have a plan i.e. no commitments short of vacation plans (three domestic and one overseas this year, last year two domestic and two overseas). For the most part each day I do what I feel like doing. Sometimes it's helping my kids with house projects, sometimes it's helping my in-l...
by White Coat Investor
Thu Sep 20, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 70
Views: 3702

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

I've read a lot of opinions on the forums claiming that unleveraged real estate returns are comparable to stock market returns and others claiming that unleveraged real estate returns are just barely a notch above inflation and that all of the stock-like return comes from the leverage. Obviously th...
by White Coat Investor
Thu Sep 20, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11177

Re: Did you really have something to retire to?

The main thing I retired to was freedom to do what my wife and I want, when my wife and I want, where my wife and I want. It is indescribable to not have to wake up to an alarm clock. When I hear things like this I wonder if people really considered shaping/molding their career to give them the thi...
by White Coat Investor
Wed Sep 19, 2018 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Bank used to be more customer focused
Replies: 46
Views: 5885

Re: Chase Bank is the Devil

We own a small business and have the Chase Ink Business Preferred Visa card. We import our CC transactions into QuickBooks twice a week with the QB Direct Connect feature. Early last week, the import transactions feature stopped working. We called Chase today (a week later) and expressed our concer...
by White Coat Investor
Wed Sep 19, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11177

Re: Did you really have something to retire to?

I haven't retired because I haven't found something I want to do that I have to retire in order to do and I still enjoy both of my jobs.

But I've watched enough people retire poorly that I think it's a good idea to have something to retire too, and the earlier you retire the more important it is.
by White Coat Investor
Wed Sep 19, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 70
Views: 3702

Re: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

I've read a lot of opinions on the forums claiming that unleveraged real estate returns are comparable to stock market returns and others claiming that unleveraged real estate returns are just barely a notch above inflation and that all of the stock-like return comes from the leverage. Obviously th...
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: 3330

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: 3330

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: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life Insurance
Replies: 30
Views: 1634

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: 10025

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: 379

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: 2226

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: 379

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: 13436

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: 9473

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: 7506

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: 5700

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...