Search found 125 matches

by Allixi
Sun Oct 22, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 79
Views: 5010

Re: Paying for medical school for son?

Massive debt is one of the factors pushing med school graduates towards high-salary specialties. This probably makes healthcare in general more expensive for everybody. It may be that your son would have really enjoyed being a primary care/family doctor, but with 400K of debt is forced to become a s...
by Allixi
Tue Oct 03, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help with private investment opportunity
Replies: 47
Views: 2634

Re: Help with private investment opportunity

We are longtime friends with one of the main founders, and he is doing it as a favor. This is a good reason not to invest. If the investment fails, you may lose the friend as well as the money. It is also much harder to objectively view the investment. I think the risk of that is fairly low. OP sho...
by Allixi
Sun Sep 24, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Please help physician newbie to investing with intention
Replies: 10
Views: 1308

Re: Please help physician newbie to investing with intention

155K salary is really low for a (presumably) full-time position. I think your situation will improve automatically as your salary and savings rate increases. I also concur with just paying off the student loans. No reason to keep them around. 5K a month in discretionary spending seems high for a sin...
by Allixi
Sun Sep 24, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 125
Views: 8776

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

If availability at all hours, quick response to questions/concerns, or having long chitchatty conversations are important to you, then look for a direct primary care or concierge/boutique practice.

That matters much more than a PCP's level of training or expertise.
by Allixi
Fri Aug 11, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: Toyota Camry Repair Priorities
Replies: 71
Views: 4684

Re: Toyota Camry Repair Priorities

~$800 for parts ($190/strut x 4) and ~$550 for labor, plus a few miscellaneous items plus tax.

This is from a shop that has very good reputation/reviews.

I haven't noticed any bad shaking or difficulty steering thus far.
by Allixi
Fri Aug 11, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: Toyota Camry Repair Priorities
Replies: 71
Views: 4684

Re: Toyota Camry Repair Priorities

I'm in a similar boat - 2001 Camry, 123,800 miles. Got an oil change last week and the auto shop told me the struts are worn and should be replaced.

Estimate (parts and labor) for replacement and various other services - $1500! :shock:
by Allixi
Wed Jul 12, 2017 7:45 pm
Forum: Personal Consumer Issues
Topic: Wisdom Teeth Removal: Any experience?
Replies: 17
Views: 1093

Re: Wisdom Teeth Removal: Any experience?

What is it like to get your wisdom teeth removed? 1. Does the procedure hurt? 2. Did you just get local anaesthetic? 3. Were there side or after-effects? 4. How old were you at the time? 5. Any tips if you have this done? 6. What if they are not impacted? Thanks. 1. There was more drilling, which w...
by Allixi
Wed Nov 09, 2016 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Considering a 10% down vs. doctor's mortgage
Replies: 24
Views: 3059

Re: Considering a 10% down vs. doctor's mortgage

Ok, time for an update. First of all, let me say that I pretty much posted this topic in a fit of panic. I LOST MY HEAD, PLAIN AND SIMPLE. I currently make 205K as a base salary. With various bonuses the average is probably 240K, and with some extra shifts (can't really moonlight per se) it could be...
by Allixi
Sun Nov 06, 2016 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Considering a 10% down vs. doctor's mortgage
Replies: 24
Views: 3059

Re: Considering a 10% down vs. doctor's mortgage

Well, thank you all for your responses. I figured it would be like announcing I'm about to go commit a crime I've read plenty of these types of topics on this forum; it is a new and interesting experience putting one up yourself. I think the hardest part is getting my family to believe that we just ...
by Allixi
Sun Nov 06, 2016 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Considering a 10% down vs. doctor's mortgage
Replies: 24
Views: 3059

Re: Considering a 10% down vs. doctor's mortgage

No she's not pregnant now. Moving while pregnant would be a hassle but not forbidden AFAIK. There is a cultural quirk that involves having another caregover move in/nearby for 1-2 months peripartum, which I don't think is necessary but I probably can't overrule. No need to discuss that here on this ...
by Allixi
Sun Nov 06, 2016 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Considering a 10% down vs. doctor's mortgage
Replies: 24
Views: 3059

Considering a 10% down vs. doctor's mortgage

Hey all, I'm planning to buy a house in the next year. I'm not especially enthusiastic about the process, but the wife and family are pushing me pretty hard. We currently live in a condo I bought 3 years ago that's in a good location and works well for the two of us, but would be too small if we had...
by Allixi
Thu Oct 27, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: classy way to tell colleague's "I'm leaving for the money"
Replies: 22
Views: 3054

Re: classy way to tell colleague's "I'm leaving for the money"

I say honesty is the best policy, just say you're going to make a lot more money. People can usually detect BS of that sort:

Image
by Allixi
Wed Oct 12, 2016 12:33 pm
Forum: Investing - Theory, News & General
Topic: Risk Tolerance: Dealing With It
Replies: 46
Views: 4198

Re: Risk Tolerance: Dealing With It

Can you perfectly control your behavior with enough rational thinking? Maybe, we'd all like to think so, but I think everybody on this board can acknowledge we're not 100% rational beings. Adjusting your AA is probably tinkering with the psychological aspect of investing in order to avoid even bigge...
by Allixi
Tue Oct 11, 2016 11:24 pm
Forum: Personal Consumer Issues
Topic: Is this ER bill normal (medical billing)
Replies: 64
Views: 5718

Re: Is this ER bill normal (medical billing)

I'm not a medical biller, but wouldn't the encounter only cover the technical fees, and not the professional fees, which the OP is concerned about? OP, you could probably google "emergency professional fee levels" and find out more info than you ever wanted I get the impression OP is miff...
by Allixi
Tue Oct 11, 2016 11:12 pm
Forum: Personal Consumer Issues
Topic: What podcasts do you listen to?
Replies: 67
Views: 8326

Re: What podcasts do you listen to?

Revisionist History
This American Life
Planet Money
Pardon the Interruption
The Diane Rehm Show (only every few episodes, mostly the Friday news roundups)
by Allixi
Tue Oct 11, 2016 11:04 pm
Forum: Personal Consumer Issues
Topic: Is this ER bill normal (medical billing)
Replies: 64
Views: 5718

Re: Is this ER bill normal (medical billing)

I don't know about the ED, but in medicine you typically bill for encounters, not based on time spent. The only exception I know of is in the ICU. When I do a complete admission and discharge on a pt, the billing software tells me it's billed for ~$385. ED billing amount is typically 2-5x higher bec...
by Allixi
Mon Oct 10, 2016 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Wait to refinance until I switch jobs?
Replies: 3
Views: 619

Re: Wait to refinance until I switch jobs?

Some lenders want to see a pay stub, and not just an offer letter in order to give you the lowest rate, so you wouldn't be able to move beyond that point.

But I don't think there's any harm in starting applications now.
by Allixi
Mon Oct 10, 2016 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: My tax situation, looking for advice or for someone to take a look at it
Replies: 40
Views: 3907

Re: My tax situation, looking for advice or for someone to take a look at it

Did you take the standard deduction or did you itemize? What is "tax deductible healthcare"? I assume it's health insurance premiums/deductibles and not a Health Savings Account (HSA), in which case you can only deduct the amount that exceeds 10% of your AGI, not the whole $6200. At any ra...
by Allixi
Sat Oct 08, 2016 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Physician in need of help
Replies: 27
Views: 3935

Re: Physician in need of help

My specific questions are: 1. At my current income bracket, is it worth doing a backdoor Roth? 2. I was also looking into opening a Vanguard solo 401k as well but there is no brokerage option for buying EFTs or Admiral shares. Do you think I should just stick with my solo 401k with Fidelity and inv...
by Allixi
Sat Oct 01, 2016 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Check-Up for Graduating Medical Resident
Replies: 3
Views: 349

Re: Portfolio Check-Up for Graduating Medical Resident

I can tell you've been through WCI's website already, sounds like you're doing all the right things already. You can try to refinance your loans again (not your wife's since she's aiming for PSLF) after you start your attending job. Surely you can get a rate lower than 4%, you can even use WCI's ref...
by Allixi
Sat Oct 01, 2016 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Comprehensive discussion on holding/trading mutual funds, ETF, and stocks in Chase (for those who values CPC status)
Replies: 101
Views: 14330

Re: Beginner's guide to not getting con'd by Chase

I'm genuinely curious what sort of churning activity requires a CPC account? Do they turn a blind eye to manufactured spend? Ignore 5/24? Waive annual fees? Let you collect signup bonuses more than once every 2 years? They can't cancel your existing cards, I assume you already have the quadfecta and...
by Allixi
Fri Sep 30, 2016 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Comprehensive discussion on holding/trading mutual funds, ETF, and stocks in Chase (for those who values CPC status)
Replies: 101
Views: 14330

Re: Beginner's guide to not getting con'd by Chase

I find it hard to believe you met all the spending requirements organically as a truly frugal person. How much did the manufactured spend cost you? How about the amount of time it consumed? Do you even have an idea? Points/miles are DISCOUNTS, not cash money. Every week when I receive the coupon boo...
by Allixi
Fri Sep 30, 2016 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: A broker's response to 3 Fund Portfolio
Replies: 61
Views: 7119

Re: A broker's response to 3 Fund Portfolio

1) Ask your broker to send you a listing of the portfolio and show hypothetical growth of a $10,000 portfolio over 5 years 2) Go to http://www.schwab.com/public/schwab/investing/accounts_products/investment/mutual_funds , find a fund that has outperformed it over 5 years 3) Ask him to give you his m...
by Allixi
Fri Sep 30, 2016 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Comprehensive discussion on holding/trading mutual funds, ETF, and stocks in Chase (for those who values CPC status)
Replies: 101
Views: 14330

Re: Beginner's guide to not getting con'd by Chase

I think you have seriously misplaced priorities here. Playing for Points and Miles is fine and all, but you gain at most maybe a COUPLE thousand dollars a year (admittedly tax free), while prudent investing adds up to HUNDREDS of thousands over time. If you've already been approved for Chase cards (...
by Allixi
Fri Sep 30, 2016 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: 403B Advice
Replies: 34
Views: 2479

Re: 403B Advice

Generally speaking, you should max out any 401k or 403b, as long as: 1) it doesn't compromise your emergency fund 2) you don't have high-interest credit card debt or loans you could be paying off instead This is especially true if there is any matching contributions by your employer. There's nothing...
by Allixi
Fri Sep 30, 2016 2:46 pm
Forum: Personal Consumer Issues
Topic: MMM Lecture at the WD Summit [Mr. Money Mustache]
Replies: 58
Views: 7768

Re: MMM Lecture at the WD Summit [Mr. Money Mustache]

Of course MMM uses exaggerations and hyperbolic language. It's a motivational tool, and it's more fun to read. Do you begrudge personal trainers or drill sergeants for using the same approach? There are plenty of other finance blogs (including fellow Bogleheads WCI and TFB) who advocate for a more b...
by Allixi
Thu Sep 29, 2016 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: FBIOX is killing me. [Fidelity Select Biotechnology]
Replies: 48
Views: 4770

Re: FBIOX is killing me.

You've already bought high, do you want to sell low to lock in your loss? Theoretically, you should be selling FCNTX to buy more FBIOX. It might sound crazy, but we'd tell you to do the same thing with a Three-Fund Portfolio. Sell your (relative) winners and buy into (relative) losers - that's rebal...
by Allixi
Thu Sep 29, 2016 11:00 am
Forum: Personal Consumer Issues
Topic: MMM Lecture at the WD Summit [Mr. Money Mustache]
Replies: 58
Views: 7768

Re: MMM Lecture at the WD Summit [Mr. Money Mustache]

With MMM i get the feeling its easier to be poor with a lot of money in the bank... Yep. Like its easier being ugly if you have a beautiful girlfriend. It's also easier being ugly with a lot of money in the bank too I think it does undermine MMM's message once you find out he makes $400K/year from ...
by Allixi
Wed Sep 28, 2016 10:18 pm
Forum: Personal Consumer Issues
Topic: MMM Lecture at the WD Summit [Mr. Money Mustache]
Replies: 58
Views: 7768

Re: MMM Lecture at the WD Summit [Mr. Money Mustache]

Topics about MMM tend to get locked quickly, but thanks for the link. That video is actually a pretty good primer for anybodg unfamiliar with MMM, but I suspect he is mostly preaching to the choir there :D
by Allixi
Wed Sep 28, 2016 7:08 am
Forum: Investing - Help with Personal Investments
Topic: Completed backdoor roth Jan 1 but income for year is low
Replies: 3
Views: 522

Re: Completed backdoor roth Jan 1 but income for year is low

I've been told on this forum that there's no problem here, just fill out an 8606 next year like you would with a normal Backdoor Roth contribution. It makes no difference if your income actually wasn't over the limit.

I sure hope that's the case since that's what I'll be doing next April...
by Allixi
Sat Sep 24, 2016 6:07 pm
Forum: Personal Consumer Issues
Topic: Best way to play the points in Marriott-Starwood merger
Replies: 23
Views: 2754

Re: Best way to play the points in Marriott-Starwood merger

Most of my points come from business purchases which are 1 point per dollar spent but are in large amounts. I honestly got so caught up in the transfer that I did not even give any thought to how current Marriott members accumalated their points.It still seems like I should transfer a good chunk of...
by Allixi
Sat Sep 24, 2016 5:43 pm
Forum: Personal Consumer Issues
Topic: Best way to play the points in Marriott-Starwood merger
Replies: 23
Views: 2754

Re: Best way to play the points in Marriott-Starwood merger

If Joe was dumb enough to put $60K of non-Marriott spend on the Chase Marriott card, then he will have spent more money to achieve the same goal. Marriott points are worth less than starpoints, this is pretty straightforward. However, if he instead spends that money using other Chase cards, he could...
by Allixi
Fri Sep 23, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: Extreme Maximization of College Financial Aid
Replies: 88
Views: 6304

Re: Extreme Maximization of College Financial Aid

Is there some reason you assume you have to pay full sticker price for everything? Let your kids take out loans and pay them off themselves; they'll figure it out just as you did. We've already established that this is letting the college tuition tail wag the personal finance dog. Now we're just hag...
by Allixi
Sun Sep 18, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Help me to understand employer DI
Replies: 7
Views: 742

Re: Help me to understand employer DI

Generally speaking, employer-provided disability insurance is not very useful - you can tell by the premium you're paying for it. If you were truly concerned about disability, you generally need individual policies, and they aren't cheap. Just to give you an example (I'm not an accountant), I have p...
by Allixi
Sat Sep 17, 2016 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 7255

Re: Physician employment and fair salary and raises

I have aleady said repeadetly to other folks I am worried about the type of care I will be getting in 30+ years with the direction health care is trending. I feel more strongly about that since health care as become more controlled by admin. and governmental regulation. The patient and doctor relat...
by Allixi
Thu Sep 15, 2016 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 7255

Re: Physician employment and fair salary and raises

Exactly. Not to mention the life and death decisions made multiple times each day. it is sad that we have professional athletes and CEOs/administrators of hospital systems making multiples more than the average physician with bankers hours. That physicians are losing control and giving it to suits ...
by Allixi
Thu Sep 15, 2016 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 7255

Re: Physician employment and fair salary and raises

No matter what your field, you are probably making a lot more than most people.... At what cost? You are only presenting one part of the equation and excluding expenses. How do you factor in time, loan repayment, and family sacrifice during training? Many people think doctors just woke up one day a...
by Allixi
Wed Sep 14, 2016 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 7255

Re: Physician employment and fair salary and raises

Oh don't be so melodramatic. You have more job security than 90% of the population, and probably much more mobility too. You always have the option of going to a podunk area and make a lot more money. Unless you're in some kind of super niche specialty, in which case I find it hard to imagine you're...
by Allixi
Tue Sep 13, 2016 12:57 pm
Forum: Personal Consumer Issues
Topic: Needlepoint Cold Plasma for Asthma
Replies: 8
Views: 1474

Re: Needlepoint Cold Plasma for Asthma

Before I spent big bucks on such a contraption, I would speak with my pulmonologis/ allergist to see if there have been any medical studies that show a proven benefit. I'm almost certain you will not find any good medical studies on such a new technology. Seems like the only way to know would be to...
by Allixi
Tue Sep 13, 2016 11:45 am
Forum: Personal Finance (Not Investing)
Topic: is it possible to be a gambler and boglehead
Replies: 47
Views: 2919

Re: is it possible to be a gambler and boglehead

Sure, you could be a gambler and a Boglehead. But if you're gonna play the game, you got to play it right You gotta know when to hold'em (buy and hold for the long term) Know when to fold'em (tax loss harvest) Know when to walk away (from bad financial advisors) Know when to run (from whole life ins...
by Allixi
Mon Sep 12, 2016 4:42 pm
Forum: Investing - Theory, News & General
Topic: Two Different Worlds
Replies: 12
Views: 2018

Re: Two Different Worlds

I don't see how this is actionable; at least, not until I finish building that time machine.
by Allixi
Mon Sep 12, 2016 1:21 pm
Forum: Personal Consumer Issues
Topic: What non-fiction tv shows or movies you like to stream on netflix, hulu ,and amazon?
Replies: 22
Views: 2832

Re: What non-fiction tv shows or movies you like to stream on netflix, hulu ,and amazon?

This new series "Extremis" seems like it'll be pretty good and will hopefully lead to less futile medical care in the future.
by Allixi
Mon Sep 12, 2016 12:44 pm
Forum: Personal Consumer Issues
Topic: What non-fiction tv shows or movies you like to stream on netflix, hulu ,and amazon?
Replies: 22
Views: 2832

Re: What non-fiction tv shows or movies you like to stream on netflix, hulu ,and amazon?

I'm not sure I'd consider travel shows "non-fiction", but if we're going to list those, I really enjoyed the first two seasons of "An Idiot Abroad". Very different style from most travel shows.
by Allixi
Mon Sep 12, 2016 12:33 pm
Forum: Investing - Theory, News & General
Topic: Amplitrade - Have you heard of them?
Replies: 8
Views: 3608

Re: Amplitrade - Have you heard of them?

Wow! At those returns, you can't afford NOT to invest with these guys! :D
by Allixi
Mon Sep 12, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Physician employment and fair salary and raises
Replies: 58
Views: 7255

Re: Physician employment and fair salary and raises

Bonus adding up to 10% compensation doesn't sound like much, especially for 8000 RVUs. For example, I expect to generate ~6,000 RVUs total this year and receive an RVU bonus approximately equal to ~20% of my base pay. I don't expect any cost of living adjustments, or ability to negotiate a higher ba...
by Allixi
Fri Sep 09, 2016 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for safe ETFs for 200K cash sitting in brokerage accounts.
Replies: 38
Views: 5016

Re: Looking for safe ETFs for 200K cash sitting in brokerage accounts.

At this point I'm going to sit this one out for a couple of years and wait to jump in when a correction comes. Even a correction of 10% is huge when you guys only consider about 5% a year growth from the S&P 500. Just too much talk about finally raising rates and stopping the easy money that pr...
by Allixi
Fri Sep 09, 2016 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: help with medical admin tasks, medical tests
Replies: 7
Views: 963

Re: help with medical admin tasks, medical tests

Then I had an appointment with a new doctor. He ordered some bloodwork, and the nurse came in to draw my blood. They took 20 vials. 20!! My results are pages long, and I have no idea what they were testing as it's all abbreviations and scientific jargon. I need someone to tell me if that was really...
by Allixi
Fri Sep 09, 2016 11:33 am
Forum: Personal Consumer Issues
Topic: Redeeming Credit Card Points - Some Programs Better Than Others?
Replies: 8
Views: 992

Re: Redeeming Credit Card Points - Some Programs Better Than Others?

Credit card rewards and airline/hotel miles/points is a HUGE rabbit hole, and this is probably not the best place to learn them. There are dozens of ways to earn and redeem points with different cards. For example: If you have a Chase Freedom card, you normally earn 1 UR point/dollar, but can earn u...
by Allixi
Wed Sep 07, 2016 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Increase Hand-in-Hand with Tax Increase
Replies: 34
Views: 2913

Re: Salary Increase Hand-in-Hand with Tax Increase

The same legal ways you had at your disposal before the raise. I was wondering if there was something I was missing... 457b if it's available, but it's not exactly a no-brainer: http://whitecoatinvestor.com/should-you-use-your-457b/ It is possible to end up paying more taxes on it when you (might b...
by Allixi
Thu Sep 01, 2016 11:01 pm
Forum: Personal Consumer Issues
Topic: Road bike
Replies: 29
Views: 3217

Re: Road bike

I'd like to start doing some moderate road biking on the weekends. Seems bikes run close to $1000 starting. I'm hesitant to drop that coin on something I would use once or twice a month, six or seven months of the year, for about 30 min at a time. If I were really into cycling, it'd be one thing, b...