Search found 12614 matches

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: 171
Views: 17160

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: 708

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: 1106

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: 4018

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: 10106

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: 5498

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: 4018

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: 7612

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: 5376

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: 7612

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: 1336

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: 6225

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: 1336

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?
by White Coat Investor
Sat Aug 26, 2017 11:40 pm
Forum: Investing - Theory, News & General
Topic: Switching 100% to Mid-Cap Value? It consistently beats Total Stock Market with lower risk
Replies: 10
Views: 1817

Re: Switching 100% to Mid-Cap Value? It consistently beats Total Stock Market with lower risk

JustinR wrote:
Sat Aug 26, 2017 6:31 pm

Summary: Mid-Cap Value HAD higher returns and lower risk than the S&P 500. The reason for the outperformance is built in due to how mid-caps are positioned on the style grid.
Fixed that for you. Now all you have to decide is if the future will look like the past.
by White Coat Investor
Sat Aug 26, 2017 3:49 pm
Forum: Personal Consumer Issues
Topic: Desperate to get rid of mosquitoes, what else could we try?
Replies: 56
Views: 3188

Re: Desperate to get rid of mosquitoes, what else could we try?

I used to live someplace (Tidewater Virginia where there was water everywhere) where you couldn't do anything outside because of them. We moved to the desert. Much better. What's interesting here is when you go camping with the scouts they all want to sleep outside the tents. NOBODY did that when I ...
by White Coat Investor
Sat Aug 26, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: SUV thread (with a twist)
Replies: 44
Views: 4112

Re: SUV thread (with a twist)

Minivans are way cheaper and more practical than SUVs. If you don't care about your image, you don't need to tow, and you don't need 4WD, you'll almost surely come out ahead with a minivan. Not sure it qualifies as small for you, but it is smaller than the largest SUVs. Honda Odyssey, Toyota Sienna...
by White Coat Investor
Sat Aug 26, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: A request to authors of investing advice
Replies: 16
Views: 1320

Re: A request to authors of investing advice

Exactly. Are you living on the street or off a spouse's income or something? Or are you part-time and neither contributing to nor withdrawing from your nest egg? Or are you just living off of SS? At any rate, not sure why you're in a unique situation and if you tell us, it might be easier to underst...
by White Coat Investor
Fri Aug 25, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: SUV thread (with a twist)
Replies: 44
Views: 4112

Re: SUV thread (with a twist)

Question for the board - I've read quite a few of the recent SUV threads and am still trying to figure out the right vehicle for our family. We've just moved to the burbs from the city, have a sedan now and are running out of space in the car. - We have two little ones (3 & 6 mos), the 3 year old i...
by White Coat Investor
Thu Aug 24, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: I did it and feel great about it (paid off mortgage)
Replies: 53
Views: 5605

Re: I did it and feel great about it (paid off mortgage)

I have been on the emotional seesaw for years about paying off the mortgage. Simple math tells all of us that it it best to keep a mortgage and invest. The emotional side of that equation tells us (me, at least) that being mortgage free is something that I really needed to experience. So I did it. ...
by White Coat Investor
Wed Aug 23, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we consider cash flow from rentals but not our own homes?
Replies: 89
Views: 5747

Re: Why do we consider cash flow from rentals but not our own homes?

Am I missing something? No you are absolutely correct. Your home is part of your portfolio as a non-diversified real estate holding paying a return to you of the rent equivalent minus upkeep expenses & taxes, ... Your mortgage is a short bond position and is also part of your portfolio. That's twee...
by White Coat Investor
Wed Aug 23, 2017 10:58 pm
Forum: Investing - Theory, News & General
Topic: Upcoming 2017 changes to Vanguard REIT fund(s)
Replies: 23
Views: 4103

Re: Vanguard's Proposed REIT Index Fund Change

I voted "for" on the proxy materials. At 3% of the fund, I can't imagine it matters all that much that there are real estate companies in the fund that aren't REITs.
by White Coat Investor
Wed Aug 23, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we consider cash flow from rentals but not our own homes?
Replies: 89
Views: 5747

Re: Why do we consider cash flow from rentals but not our own homes?

Am I missing something? No you are absolutely correct. Your home is part of your portfolio as a non-diversified real estate holding paying a return to you of the rent equivalent minus upkeep expenses & taxes, ... Your mortgage is a short bond position and is also part of your portfolio. That's twee...
by White Coat Investor
Tue Aug 22, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 11843

Re: Is it worth it? [demanding jobs vs time with family]

My husband and I work very demanding jobs (at least 60-70 hours a week) and we have 2 beautiful children, a baby and a toddler. We are well-compensated for our demanding jobs. Our family is very important to us but our careers are also important to us. We are in our mid-thirties so we think of this...
by White Coat Investor
Wed Aug 16, 2017 12:53 am
Forum: Investing - Help with Personal Investments
Topic: CD vs car-loan payment
Replies: 12
Views: 1364

Re: CD vs car-loan payment

MotoTrojan wrote:
Mon Aug 14, 2017 9:28 am
Because I can go 6-months without a job while paying this payment, but couldn't if I spent my EF.
That's not a mindset that is going to lead to building wealth. Focus on "how much" instead of "how much per month" and you'll do better.
by White Coat Investor
Wed Aug 16, 2017 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Billing 99212 for rx refill?
Replies: 42
Views: 3434

Re: Billing 99212 for rx refill?

I think the doc should figure out a way to be paid for doing stuff like this. But I don't think you can bill it to an insurance company.
by White Coat Investor
Mon Aug 14, 2017 12:03 am
Forum: Investing - Help with Personal Investments
Topic: CD vs car-loan payment
Replies: 12
Views: 1364

Re: CD vs car-loan payment

Curious if I am missing anything, or if anyone knows of any great CD rates I should be looking into. Getting ready to get a windfall, and planning to use it to fill up my 6-month Emergency Fund, purchase more equities at my AA, and possibly put some $ towards my car loan at ~$32K, 1.9%, with 40 mon...
by White Coat Investor
Sun Aug 13, 2017 11:53 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 3888

Re: XIRR - Non-reinvested dividends

Yes. I have a tutorial on XIRR demonstrating it, but basically, it's simply a withdrawal.
by White Coat Investor
Sun Aug 13, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 17143

Re: Life at crossroads. What would you do ?

WCI, love your blog ! There is an incorrect assumption in your maths. 85k is gross. It's more like 65k after taxes. My assumptions are more like I need 3.5% withdrawal which is cutting it too close. My point is if you're not there, you're very close and can make the difference easily in any of seve...
by White Coat Investor
Sun Aug 13, 2017 6:23 pm
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 7233

Re: "Honesty like that is rare!"

I actually had this realization when looking at my betterment portfolio. They had me allocated 1% in a corporate bonds fund. At first I didn't think much about it either way.. a few months later I started to wonder.. what difference does this 1% really make? With a 200K portfolio as an example, how...
by White Coat Investor
Wed Aug 09, 2017 1:19 am
Forum: Personal Consumer Issues
Topic: Delta priority boarding - first timer
Replies: 80
Views: 6084

Re: Delta priority boarding - first timer

Interesting to read all the comments about not checking bags. I went through that phase as fairly frequent business traveler, but totally past it now. Unless it is very short trip, I always check my bag. I'm generally carrying a fairly full backpack of laptop and other work-related material that I ...
by White Coat Investor
Wed Aug 09, 2017 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 17143

Re: Life at crossroads. What would you do ?

My understanding is that LCOL is a short term mirage - employment opportunities are limited and once you're unemployed it takes a really long time to get your job back. Most of the mid-west is dying rust belt is it not ? Ditto for the southern bible belt cities. Seattle is a bright exception. You n...
by White Coat Investor
Wed Aug 09, 2017 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 17143

Re: Life at crossroads. What would you do ?

The long awaited layoff happened this week. After 17 years of continuous employment I find myself without a paycheck for the first time in my career. I was mentally prepared for it. Been searching for a job since the beginning of the year (for the last 9 months) without any luck so far. My line of ...
by White Coat Investor
Sat Aug 05, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: Delta priority boarding - first timer
Replies: 80
Views: 6084

Re: Delta priority boarding - first timer

It will ensure that you're on early enough that there is overhead bin space for your carryon luggage. If it wasn't for this, I'd prefer to be the last guy on the plane, not the first. Not sure why people think that's some sort of privilege. My goal is to spend as little time as possible on the plan...
by White Coat Investor
Fri Aug 04, 2017 7:29 am
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7334

Re: Study: Who Sold Stock During the 2008-9 Crash?

I also bought and sold to TLH, but I doubt that's the cause of the effects seen in the study.
by White Coat Investor
Wed Aug 02, 2017 6:54 am
Forum: Personal Consumer Issues
Topic: Question for MTB'rs. Buying a bike.
Replies: 22
Views: 1398

Re: Question for MTB'rs. Buying a bike.

If you can afford it and you want it, then buy it. I don't regret spending $5K on a mountain bike 2 years ago. It was an incredible upgrade from my old one, purchased in 1995 for $1K. Carbon frame, full bounce, tubeless 29 inch tires, disc brakes, top of the line rear derailleur, very nice of the re...
by White Coat Investor
Sat Jul 29, 2017 6:32 am
Forum: Personal Consumer Issues
Topic: Getting Warm/Hot Water from Cold Line in Condo
Replies: 27
Views: 2604

Re: Getting Warm/Hot Water from Cold Line in Condo

Hi everyone, I'm hoping all you smart Bogleheads out there can help me. I am not getting cold temperature water in my condo at all: all the cold faucets are producing warm/hot water. Anytime of the day and all the time. It might come out cold for 2-3 seconds, followed by progressively hotter water....
by White Coat Investor
Wed Jul 26, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Why not Schwab instead of Vanguard?
Replies: 68
Views: 4860

Re: Why not Schwab instead of Vanguard?

Schwab and Fidelity are fine as long as you stick with their low cost index funds.
by White Coat Investor
Wed Jul 26, 2017 3:20 pm
Forum: Personal Consumer Issues
Topic: From Chi-Midway: Taxi, Uber, Lyft, or other?
Replies: 26
Views: 2100

Re: From Chi-Midway: Taxi, Uber, Lyft, or other?

I prefer Uber to a taxi, but not by much. Honestly, I view them as very close to equivalent. I mean, what's the difference, a functional app? Seems like yellow cab or whoever could bridge that gap.
by White Coat Investor
Mon Jul 24, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: This credit union pays 2.5% up to 50K
Replies: 4
Views: 898

Re: This credit union pays 2.5% up to 50K

The catch is you have to have the qualifying transactions and they can change the rate at any time and you can only put $50K in there. These aren't particularly unusual. There are at least a handful of these types of accounts out there.
by White Coat Investor
Mon Jul 24, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: DCA vs. Lump Sum in the age of the Robo-Advisors
Replies: 2
Views: 263

Re: DCA vs. Lump Sum in the age of the Robo-Advisors

Tax loss harvesting isn't a big enough advantage to make up for the disadvantage of DCAing when you should lump sum.
by White Coat Investor
Mon Jul 24, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 5775

Re: How am I doing? (dual physician household)

Uh....$5 Million at 40? Yes, you're doing just fine. You don't seem to have any sense of where the average doc's finances lie though. I mean, $5M at 40 has got to be top 1% of docs, not just the general public.
by White Coat Investor
Mon Jul 24, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Order of Operations (Retirement, Loans, Emergency Fund)
Replies: 25
Views: 1581

Re: Order of Operations (Retirement, Loans, Emergency Fund)

Not sure there's a right answer to a lot of the issues that come up with weighing how different goals are funded. It can be pretty personal.
by White Coat Investor
Sun Jul 23, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard backdoor ROTH - Exchange vs Convert to Roth options
Replies: 18
Views: 2307

Re: Vanguard backdoor ROTH - Exchange vs Convert to Roth options

I did one of each this year- exchanged one and "converted to Roth" the other. Both worked fine. Hey WCI, If I open a new tIRA and contribute $5,500, and then select "convert to Roth" next week the entire $5,500, does the tIRA still exist in my Vanguard account with a $0 balance? Or do I have to ope...
by White Coat Investor
Sun Jul 23, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Drives Municipal Bond Yields
Replies: 42
Views: 3438

Re: Larry Swedroe: What Drives Municipal Bond Yields

funny i never picked munis for their yield. i do it for their tax efficiency. and also by buying VWIUX at Vanguard....i dont think there EVER will be a liquidity issue. That's a weird statement. You can get a lot of tax efficiency just putting your money under the mattress if you don't care about t...
by White Coat Investor
Sun Jul 23, 2017 1:00 am
Forum: Personal Finance (Not Investing)
Topic: NYT Medicaid Article
Replies: 16
Views: 2606

Re: NYT Medicaid Article

Surprisingly unbiased discussion of the topic.
by White Coat Investor
Sun Jul 23, 2017 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Medical malpractice attorney - how to find?
Replies: 29
Views: 2201

Re: Medical malpractice attorney - how to find?

I know that there are many practicing physicians on BH, and I know that malpractice attorneys are probably not your favorite people. There are also many attorneys on BH, but I don't recall anyone specializing in medical malpractice. A relative asked me for help finding a malpractice attorney. He sp...
by White Coat Investor
Sat Jul 22, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: How much electricity are you using and how expensive it is?
Replies: 93
Views: 4553

Re: How much electricity are you using and how expensive it is?

I don't think my data is going to help you. Focus on what you can control. The audit is a great place to start. That said, my 4400 sq ft house costs about $300 a month in the summer (A/C mostly) and $40 a month in the winter (heating is gas.) May is always a really great month utility wise- no longe...
by White Coat Investor
Sat Jul 22, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Teenager taking out loans to establish good credit
Replies: 24
Views: 1446

Re: Teenager taking out loans to establish good credit

Here is a tip: If your parents have good credit and a credit card with a long history, they can make you an authorized user of the card. They do not have to give you the physical card. It will show on your credit report and favorably impact your score. We did that with our kids, and also they obtai...
by White Coat Investor
Sat Jul 22, 2017 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Teenager taking out loans to establish good credit
Replies: 24
Views: 1446

Re: Teenager taking out loans to establish good credit

Here is a tip: If your parents have good credit and a credit card with a long history, they can make you an authorized user of the card. They do not have to give you the physical card. It will show on your credit report and favorably impact your score. We did that with our kids, and also they obtai...