Search found 12592 matches

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: 10702

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: 1297

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: 39
Views: 2984

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: 1297

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: 3666

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: 16349

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: 6983

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: 5768

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: 16349

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: 16349

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: 5768

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: 7109

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: 1286

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: 2478

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: 4706

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: 2001

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: 879

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: 251

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: 5693

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: 1492

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: 2210

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?...
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: 3364

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: 2561

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: 2150

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: 4415

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: 1377

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: 1377

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 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Teenager taking out loans to establish good credit
Replies: 24
Views: 1377

Re: Teenager taking out loans to establish good credit

You don't technically need a credit score to get a mortgage, and that's all you'll ever really need debt for anyway. But it's pretty easy to get one. When you get a car, get a credit card and just put gas on it. Set it up to autopay out of your bank account at the end of the month. You probably aren...
by White Coat Investor
Sat Jul 22, 2017 3:16 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 8423

Re: Larry Swedroe: REITs Aren't Special

If not REITs, how does one passively invest in Real Estate? You can't--at least not easily--and that includes REITs. REITs are to real estate what banks are to fixed income--they are in the business, but buying those stocks is not the same thing as engaging in the underlying activities (renting pro...
by White Coat Investor
Sat Jul 22, 2017 3:14 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 8423

Re: Larry Swedroe: REITs Aren't Special

[quote="nedsaid" The problem I am beginning to have with all of this is that academic research is starting to look faddish. You can see a lot of rethinking going on out there. ...I don't buy it.[/quote] I'm skeptical as well. The data doesn't rise to the level of the data in medicine, much...
by White Coat Investor
Thu Jul 20, 2017 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall: Buy or wait?
Replies: 30
Views: 3099

Re: Windfall: Buy or wait?

This seems like a scary time to invest a windfall. I know timing is often a dirty word, but with an 8 year bull market and an S&P 500 PE Ratio of 26.16, would you invest a windfall differently now than say if you got one in 2013? I guess I’m at little confused about what the difference is betwe...
by White Coat Investor
Thu Jul 20, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Going Part time ( Part Year) to be artist
Replies: 1
Views: 391

Re: Going Part time ( Part Year) to be artist

I'm not an artist or an engineer, but I am working when I don't have to. I started with writing down what my ideal life looks like- how much of this kind of work, how much of that kind of work, how much travel, how much other stuff. Then I have gradually made little steps that move my actual life an...
by White Coat Investor
Wed Jul 19, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Not raising rent for 10 years in California
Replies: 17
Views: 2634

Re: Not raising rent for 10 years in California

Why anyone would buy a rent-controlled building as an investment is beyond me.
by White Coat Investor
Wed Jul 19, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4491

Re: Physician Compensation and Subspecialties

$190K is a little on the low side for hospitalist medicine, but only a little.

That said, there are plenty of ways to make more money, both inside and outside of medicine.
by White Coat Investor
Thu Jul 13, 2017 1:56 am
Forum: Investing - Theory, News & General
Topic: "Top 5 posts of all times"
Replies: 17
Views: 4277

Re: "Top 5 posts of all times"

Both Taylor and PoF are men I have the utmost respect for.
by White Coat Investor
Wed Jul 12, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 84
Views: 12116

Re: Ally Bank - Savings Account Rate Increased!

Bogleheads rejoice--Ally savings is up to 1.15%--15% increase in return in one year! Granted Yellen's testimony makes it seem that these increases will slow down, but hey, let the interest rate wars continue! If inflation is really gonna stick at 1.4% we're getting pretty close to not losing money ...
by White Coat Investor
Wed Jul 12, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 13697

Re: Costco with a "gentle" bump for memebership

Helo80 wrote:
DSInvestor wrote:Do you buy gas at Costco? In our area, Costco gasoline is around 60-70 cents/gallon cheaper than gas stations.



I find that hard to believe. Not saying you're wrong, but Costco can only do so much.


It's 10-15 cents in my area, but the hours aren't so hot. When the store closes so do the pumps.
by White Coat Investor
Wed Jul 12, 2017 12:20 am
Forum: Personal Consumer Issues
Topic: Delta Air - various classes of service
Replies: 59
Views: 3618

Re: Delta Air - various classes of service

I have had at least one bad experience on every carrier I have flown regularly. I have read about horrorshows on every sizable airline. Personally I go for convenience and price while eschewing the no-frills airlines. You can't escape the possibility of inconvenience if you have to fly commercial. ...
by White Coat Investor
Wed Jul 12, 2017 12:18 am
Forum: Personal Consumer Issues
Topic: Family member fleecing Alzheimers victim
Replies: 26
Views: 4825

Re: Family member fleecing Alzheimers victim

JaneyLH wrote: His clothing and slippers were stolen by the staff.


That seems incredibly unlikely.
by White Coat Investor
Wed Jul 05, 2017 10:05 pm
Forum: Personal Consumer Issues
Topic: Delta Air - various classes of service
Replies: 59
Views: 3618

Re: Delta Air - various classes of service

I have had at least one bad experience on every carrier I have flown regularly. I have read about horrorshows on every sizable airline. Personally I go for convenience and price while eschewing the no-frills airlines. You can't escape the possibility of inconvenience if you have to fly commercial. ...
by White Coat Investor
Wed Jul 05, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy Help: MAGI to go above IRA limits soon
Replies: 7
Views: 768

Re: Strategy Help: MAGI to go above IRA limits soon

Congratulations on your income increase! You'll have to do something with that IRA if you want to keep doing backdoor Roth IRAs. You can convert it, roll it into a 401(k), or not do backdoor Roths. You can hedge your bets for a few years by making the contribution and not the conversion and keeping ...
by White Coat Investor
Wed Jul 05, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 Admiral vs TSM Investor Shares in 401k
Replies: 21
Views: 1536

Re: S&P 500 Admiral vs TSM Investor Shares in 401k

I have had great success with my S & P 500 fund in my 401K. The selections aren't very good in my 401K but I am grateful that I have the 500 fund. It has been a significant part of my investing success. My ER in that fund is .87 percent. Most other options are higher ERs. The .04 expense ratio ...
by White Coat Investor
Wed Jul 05, 2017 2:10 am
Forum: Personal Finance (Not Investing)
Topic: "What I Learned From My 'Faux-tirement'"
Replies: 33
Views: 6892

Re: "What I Learned From My 'Faux-tirement'"

A few years ago I was deep in the MMM thought process of extreme early retirement...then reality blossomed in my mind. As a 40ish year old man with 2 young children and a pregnant wife I likely won't be able to take extended vacations (~greater than 2 weeks) anyway. Very much like the white coat in...
by White Coat Investor
Wed Jul 05, 2017 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Which Med school?
Replies: 162
Views: 20023

Re: Which Med school?

Update: My daughter has completed 3 years of Med school at Univ of Wisconsin, Madison. She has done well. She has maintained her full tuition scholarship for the 2nd and 3rd year and it is anticipated that she will do so for the 4th (last) year. During the initial 3 years she also did additional (o...
by White Coat Investor
Tue Jul 04, 2017 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Medical Insurance Cover a Fractured Zygoma?
Replies: 15
Views: 2038

Re: Medical Insurance Cover a Fractured Zygoma?

I don't think you're going to have trouble getting this covered. A 6 inch laceration down the side of your face is also technically cosmetic, but I always get paid for it. I think you're conflating two different things. Having your nose sewn back on is not the same thing as getting a nose job and ge...
by White Coat Investor
Tue Jul 04, 2017 12:20 am
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 13374

Re: Bogleheads: you should be buying 10-year old cars

What are you worried will happen? You do realize this fear is totally illogical, right? Not only do 10 year old cars break down very rarely, but newer cars also break down. The difference between the break-down rate is already quite tiny and given that the consequences of a breakdown in the rare ev...
by White Coat Investor
Tue Jul 04, 2017 12:11 am
Forum: Personal Finance (Not Investing)
Topic: "What I Learned From My 'Faux-tirement'"
Replies: 33
Views: 6892

Re: "What I Learned From My 'Faux-tirement'"

You know, despite having more than enough, Jack Bogle is still working. I hope there is something I feel as passionately about at his age as he has. I think it was Tim Ferris who said retirement is just your back-up plan in case you are forced to quit doing what you love. Life just seems so much mor...
by White Coat Investor
Sun Jul 02, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 13374

Re: Bogleheads: you should be buying 10-year old cars

However, I would not feel safe going more than 3 hours away in a car much older than 10 years. What are you worried will happen? You do realize this fear is totally illogical, right? Not only do 10 year old cars break down very rarely, but newer cars also break down. The difference between the brea...