Search found 783 matches

by WanderingDoc
Fri May 25, 2018 12:29 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 5069

Re: I've never budgeted sucessfully

You don't need to budget. I have never saved nor budgeted and I am financially free in my early 30s. I focused on producing more income. You only have so much energy as a human being, better use it to create more income than try to save money. Here is an example. Lets say a person earns $3000 per mo...
by WanderingDoc
Wed May 23, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14349

Re: The Millionaire Next Door and civil servants

Some of the criticism that I read here, is decent, but it ignores the fundamental truths of these books. Namely: those that actually have money, tend not to look like they do; and, those that look rick are probably broke. That isn't remotely a fundamental truth. It is a fairy tale that appeals to a...
by WanderingDoc
Wed May 23, 2018 11:12 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14349

Re: The Millionaire Next Door and civil servants

There actually are several thousand millionaires that are civil Servants. https://federalnewsradio.com/mike-causey-federal-report/2018/03/tsp-millionaire-population-boom/ So where do you stand in the race to a million dollar-plus nest egg? At the end of last year, 2.8 million TSP participants had $...
by WanderingDoc
Wed May 23, 2018 10:59 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14349

Re: The Millionaire Next Door and civil servants

My impression is, that civilian doctors (I guess they use FERS) vs. military doctors, both working in a military hospital. The former are much better off in terms of the TSP/401k. A civilian doctor may get payed $400K in the military setting, lets say they max their 401k contribution and get the 5% ...
by WanderingDoc
Wed May 23, 2018 12:10 am
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 13121

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

Using the TSP, investing in USA vs. International is the SAME PRICE. :D I have just rebalanced into 50%/50%. There is quite a bit of blind patriotism concerning investing in the U.S. market heavily. The U.S. is more than likely going to be steamrolled by 2050. I agree with "buy the world's haystack"...
by WanderingDoc
Tue May 22, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 3863

Re: Are there any experienced real-estate people here?

Beat me to it. This guy is correct. You have a golden goose there. Personally, I would do a 80% LTV cash out refi, take the bit of cash and give it to your grandparents. Then enjoy rental income and appreciation in perpetuity. Leaving equity in a house is never a good strategy. I would never sell a ...
by WanderingDoc
Tue May 22, 2018 12:19 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 7374

Re: Larry Swedroe: Real Estate Isn’t Special

Investing in REITs is NOT investing in real estate, by any sense of the word. I have listed and detailed the 8-10 differences between the two many times on here so I won't repeat. Briefly: You don't get the benefits of direct ownership, ability to choose your own market and submarket, choose your ex...
by WanderingDoc
Mon May 21, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4559

Re: Buying a Vacation Rental Property as an Investment

The bolded below is a common misconception, and intellectually dishonest. Rental properties do better in recessions. Housing is a basic need. During a recession, while SUVs/doggy day care/lattes etc. go out the window, families double down and focus on the essentials, ie. housing and food. As other...
by WanderingDoc
Sun May 20, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 83
Views: 10450

Re: $1,700,000 from family trust...

$1-1.25M down payment on a $4M updated 60-unit apartment building in growing market. Should generate $120K per year in NET profit, this includes accounting for all expenses, property management, and CapEx. Tenants pay off your loan. You legally won't pay any tax on the $120K (write off expenses, dep...
by WanderingDoc
Sun May 20, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4559

Re: Buying a Vacation Rental Property as an Investment

The bolded below is a common misconception, and intellectually dishonest. Rental properties do better in recessions. Housing is a basic need. During a recession, while SUVs/doggy day care/lattes etc. go out the window, families double down and focus on the essentials, ie. housing and food. Do you ho...
by WanderingDoc
Sun May 20, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Vacation Rental Property as an Investment
Replies: 53
Views: 4559

Re: Buying a Vacation Rental Property as an Investment

A few of my friends made and continue to make a killing off of vacation/Air BnB rentals in desirable vacation destinations. They gross over $75K in annual rents on a single property. This requires a significant amount of time and/or systems compared to a regular rental. I like relatively passive rea...
by WanderingDoc
Sun May 20, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Young Doctor Couple - Starting Work, Starting to Invest
Replies: 31
Views: 2962

Re: Young Doctor Couple - Starting Work, Starting to Invest

You're reading the wrong book brother! Flipping houses is a job, its not investing :twisted: I spend roughly 2-3 hours (or less) per month on my real estate business. I spend more time than that on this forum. I think the time commitment is quite low one you learn what you are doing. This even inclu...
by WanderingDoc
Sat May 19, 2018 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Young Doctor Couple - Starting Work, Starting to Invest
Replies: 31
Views: 2962

Re: Young Doctor Couple - Starting Work, Starting to Invest

First off, I would like to say congratulations on graduating medical school! Its a great feeling. One of the best moments for me. What is you and your wife's specialty if I may ask? Its great that you have read those books, and I think its important to learn as much as you can about many different t...
by WanderingDoc
Sat May 19, 2018 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 208
Views: 22775

Re: Vangaurd Municipal Money Market VMSXX 1.39%

VMSXX doesn't seem worth it today. For a 24% federal/0% state, I get a TEY for VMSXX of 1.75%. Ally Savings is 1.60%, and the 11-month No Penalty CD I have is 1.75%. So, no FDIC insurance for an extra 0.00%-0.15% yield? Seems silly. Although I just checked the Ally site, and the No Penalty CD is lis...
by WanderingDoc
Fri May 18, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 35650

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Specifically, there is no doubt at all that 18,500 in a Roth is worth more than 18,500 in a traditional. There is lots of doubt about that because it is not true for most people. Consider this analogy: I have a gold coin and I offer to sell it to you and I give you two options: Option 1: You pay me...
by WanderingDoc
Thu May 17, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 35650

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I put money into my tax deferred 403(b) account for 40 years with a hefty "match". I maxed my contributions to this account in my latter working years, thus keeping me in the 25% marginal bracket. Then in retirement, I annuitized a portion of that income to get higher lifetime income than a simple ...
by WanderingDoc
Wed May 16, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 35650

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I have also been wondering the same thing as the OP. Paying more in taxes today (by contributing to Roth) has zero relevance to having a small balance. This doesn't even make sense. Your balance would only be smaller if these 2 things were true: 1) You are investing ever single available cent you ha...
by WanderingDoc
Wed May 16, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: NRIA.NET - Real Estate Private Placement - 16% return
Replies: 11
Views: 1068

Re: NRIA.NET - Real Estate Private Placement - 16% return

I do both active and passive real estate investing. Agree with the last guy, control is everything. However, in the current overall market, investing in passive large apartment syndications has done very well for me. In my passive investments, I like an 16-18% IRR and call it a day. For active inves...
by WanderingDoc
Tue May 15, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Would like to learn more about Roth vs Traditional (403b)
Replies: 19
Views: 1475

Re: Would like to learn more about Roth vs Traditional (403b)

Thats pretty useful/interesting to know! Wouldn't $80K/yr. rental income have the same effect as having a pension, for the purposes of deciding between traditional and Roth? If I never buy another property (fat chance, but lets assume), after mortgages are payed off, I should have that amount of ren...
by WanderingDoc
Tue May 15, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 10860

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

slipp1229 wrote:
Mon May 14, 2018 11:21 pm
Hello
... investment that would provide a Low Risk, Principle protected investment that would provide a 4-6% after tax, annual return to supplement my current retirement income.
...
Wouldn't we all? :P
by WanderingDoc
Tue May 15, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Would like to learn more about Roth vs Traditional (403b)
Replies: 19
Views: 1475

Re: Would like to learn more about Roth vs Traditional (403b)

Lets agree to disagree. :P I plan on having a 7-figure income in my 50s and 60s. Now, I earn a bit less, so that is why I do 50/50. I am surprised I am not doing 100% Roth 401k to be honest. Why would anyone plan on being less successful/poorer/less income in the future? I will never understand. I ...
by WanderingDoc
Mon May 14, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 5703

Re: Are bonds really needed - why not 100% stocks?

I think it was around 30 years. Hopefully someone could dig it up...

kaeltor wrote:
Mon May 14, 2018 5:42 pm
WanderingDoc wrote:
Sun May 13, 2018 9:16 pm


Someone recently posted a graph showing that a 60/40 portfolio with rebalancing performed similarly to a 100/0 portfolio, with lower volatility.
What's the timeline here though?
by WanderingDoc
Mon May 14, 2018 2:07 am
Forum: Investing - Help with Personal Investments
Topic: Would like to learn more about Roth vs Traditional (403b)
Replies: 19
Views: 1475

Re: Would like to learn more about Roth vs Traditional (403b)

Lets agree to disagree. :P I plan on having a 7-figure income in my 50s and 60s. Now, I earn a bit less, so that is why I do 50/50. I am surprised I am not doing 100% Roth 401k to be honest. Why would anyone plan on being less successful/poorer/less income in the future? I will never understand. I a...
by WanderingDoc
Mon May 14, 2018 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Would like to learn more about Roth vs Traditional (403b)
Replies: 19
Views: 1475

Re: Would like to learn more about Roth vs Traditional (403b)

I don't think so. If I put more into Roth now, I am telling myself consciously and subconsciously that "I will make more money when I am 70 than today", so if you believe in creating your own reality, self talk, and goal setting (and you should) you have the right mentality and motivation to earn mo...
by WanderingDoc
Sun May 13, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 5703

Re: Are bonds really needed - why not 100% stocks?

I plan to retire in about 15 years, right about the same time my nephew will be starting college. My brother has a 529 for my nephew. In both my case and that of my nephew, the "advised" allocation is 75% stocks and 25% bonds. Given that bonds tend not to earn, and just smooth volatility, is there ...
by WanderingDoc
Sun May 13, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Would like to learn more about Roth vs Traditional (403b)
Replies: 19
Views: 1475

Re: Would like to learn more about Roth vs Traditional (403b)

I believe that I will be earning more money in retirement than I am now.... To the extent you "know" that is the case (instead of merely "believe") then Roth is better for you. Or if you "know" that you will never retire and have ever-increasing income, then Roth is better for you. See Traditional ...
by WanderingDoc
Sat May 12, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24811

Re: Lucrative careers?

I’m 26 years old planning on going back to college to finish my undergrad and I’m unsure what I want to do as a career. I thought maybe bogleheads may have some suggestions. I’d like to someday make 100k a year (who wouldn’t) Careers I’ve looked into are: -Law (I love law, I read law books for fun,...
by WanderingDoc
Fri May 11, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Investor - Help needed with AA / Rebalance
Replies: 8
Views: 775

Re: Newbie Investor - Help needed with AA / Rebalance

Thanks very much. This looks simple and effective. The only downside would be having to sell half of the VTSAX in taxable to exchange for the Total International. This would result in capital gains. Would you still do it if it meant having to pay a few $K in taxes? So basically, I am trying to alloc...
by WanderingDoc
Thu May 10, 2018 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Newby to this forum: do i have enough?
Replies: 44
Views: 8524

Re: Newby to this forum: do i have enough?

I am very much against paying down ANY principal for 100% of people for RENTALS. For your personal residence that is a different story. A few reasons: 1. The rate of return from equity is ZERO. Always. This means that, if you throw $300K at your mortgage, this is just $300K stuck behind the drywall ...
by WanderingDoc
Thu May 10, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Newby to this forum: do i have enough?
Replies: 44
Views: 8524

Re: Newby to this forum: do i have enough?

Thanks. hard for me to imagine exactly what our take home would be after taxes. i believe we could live on about 10-15k per month take home $ especially if we own our home. regarding our rental properties, we purchased one for 676k in 2014 and the other for 650k in 2016. they both are worth about 8...
by WanderingDoc
Thu May 10, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Investor - Help needed with AA / Rebalance
Replies: 8
Views: 775

Re: Newbie Investor - Help needed with AA / Rebalance

I think I would like to use a portion of the cash reserve to "fill" the 20% bonds portion of the portfolio. So how much of the 50% cash would you add to the 50% portfolio? Currently the 50% portfolio is broken up into: Taxable (40%) Non-taxable (60%) Roth IRA (12%) TSP (30%) "Bond/cash" (18%) How w...
by WanderingDoc
Thu May 10, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Investor - Help needed with AA / Rebalance
Replies: 8
Views: 775

Re: Newbie Investor - Help needed with AA / Rebalance

Cash: 50% Equities: 50% <snip> Taxable (40% of equities) Non-taxable (60% of equities) <snip> Given the above, how would you restructure my portfolio? I'm not clear on things. Is the 50% taxable cash part of the retirement portfolio or does it have another purpose, e.g. your real estate cash reserv...
by WanderingDoc
Thu May 10, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Newbie Investor - Help needed with AA / Rebalance
Replies: 8
Views: 775

Re: Newbie Investor - Help needed with AA / Rebalance

Morning bump. Anyone have any comment or suggestion?
by WanderingDoc
Wed May 09, 2018 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Investor - Help needed with AA / Rebalance
Replies: 8
Views: 775

Newbie Investor - Help needed with AA / Rebalance

I have learned a ton on here. I am new to the world of mutual funds, and am looking to build a solid AA plan and learn to rebalance. It probably doesn't matter, but I will point out that roughly 80% of my assets are held in real estate equity, what follows below is the remaining 20% comprising of st...
by WanderingDoc
Wed May 09, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17042

Re: 100% Stock Portfolio?

What are 5% rebalance bands? Is it hard to do this consistently. https://www.bogleheads.org/wiki/Rebalancing: When asset classes deviate from their target by a certain absolute percentage. For example, if your target asset allocation is 60% equities and 40% fixed income and your (absolute) rebalanc...
by WanderingDoc
Wed May 09, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 25448

Re: Muni Money Market funds starting to look good!

Seems like all is cleared. Not bad. Does anyone know how the interest is accrued in VMSXX? So far it just lists my principal amount. And on the "balances and holdings" page, under the 'change' it just has ---- ---- . Is the interest added to your account monthly? It accrues daily and is credited mo...
by WanderingDoc
Wed May 09, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 25448

Re: Muni Money Market funds starting to look good!

Seems like all is cleared. Not bad. Does anyone know how the interest is accrued in VMSXX? So far it just lists my principal amount. And on the "balances and holdings" page, under the 'change' it just has ---- ---- . Is the interest added to your account monthly?
by WanderingDoc
Wed May 09, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17042

Re: 100% Stock Portfolio?

Is there proof that such a strategy performs worse than 100% stocks? I haven't found it yet. Play with the portfoliovisualizer tool with rebalancing. Can you find a rebalancing strategy that holds bonds that would outperform 100% stocks? If you can, let me know. I'm looking for outperformance. If I...
by WanderingDoc
Wed May 09, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Years Old. Need help. In the Guard. Currently having TSP trying to pay off debt then make plan for Roth IRA??
Replies: 27
Views: 1733

Re: 25 Years Old. Need help. In the Guard. Currently having TSP trying to pay off debt then make plan for Roth IRA??

Don't worry about investing. You're focus is to pay off your debt. Investing is 3-5 years away if you're lucky. Take responsibility and don't try to ask for loan forgiveness. YOU took out those loans, which means someone else lent your THEIR money. Its a problem with your morals if you would even co...
by WanderingDoc
Tue May 08, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Capital One now at 1.75 [Money Market Rate To 1.75% APY]
Replies: 51
Views: 5097

Re: Capital One now at 1.60 [Money Market Rate To 1.60% APY]

The returns on these accounts are taxed, is that correct? So a 1.6% APY would be a 1.2% post tax yield, or so. Yes, depending on your bracket. But if you are willing to move around your money to pick up some extra coin then don't forget the bonus of up to $500. If I keep money in that acct for say ...
by WanderingDoc
Mon May 07, 2018 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One now at 1.75 [Money Market Rate To 1.75% APY]
Replies: 51
Views: 5097

Re: Capital One now at 1.60 [Money Market Rate To 1.60% APY]

The returns on these accounts are taxed, is that correct? So a 1.6% APY would be a 1.2% post tax yield, or so. I saw an ad for 1.6% with a bonus of $500 with the deposit of $100,000 and maintained for 3 months. That is 2.1% interest and bonus if held for a year. If held for 3 months that would be $4...
by WanderingDoc
Mon May 07, 2018 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Military Retirement and Next Career
Replies: 8
Views: 1088

Re: Military Retirement and Next Career

I certainly understand the sentiment and yes I know how fortunate we are. I was considering doing JROTC but I think this will be both rewarding from the teaching standpoint and the ability to keep learning. I think I will find myself bored with the winter break and summers off but can always dial i...
by WanderingDoc
Sun May 06, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 17638

Re: What Percentage CASH are you?

I don't keep cash. I don't have an emergency fund. My portfolio is all stock and bond mutual funds. Each month I divide my paycheck into four parts: — the monthly household expenses — transfer to savings for the next vacation — transfer to savings for the next car — transfer to Vanguard for to buy ...
by WanderingDoc
Sun May 06, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 17638

Re: What Percentage CASH are you?

I don't keep cash. I don't have an emergency fund. My portfolio is all stock and bond mutual funds. Each month I divide my paycheck into four parts: — the monthly household expenses — transfer to savings for the next vacation — transfer to savings for the next car — transfer to Vanguard for to buy ...
by WanderingDoc
Sun May 06, 2018 7:13 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 17638

Re: What Percentage CASH are you?

I'm curious what percentage of assets people hold in cash? Also, if you didn't haven it in cash, where would you put it? Personally, I'm 12% Cash right now. Maybe this is dumb, especially with the dollar falling. Feel free to let me know. But, I do like the feeling of having some "dry powder" espec...
by WanderingDoc
Sat May 05, 2018 1:50 am
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 139
Views: 25448

Re: Muni Money Market funds starting to look good!

Just put the first $25K into the Vanguard Muni MM fund. There is a 7-day hold on the funds.. "this account has umavailable shares". I then link my Ally account to Vanguard (after 2 days verifying microdeposits), and yet another 7-10 days until this account is fully verified. They claim I can still u...
by WanderingDoc
Wed May 02, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement at 43-45 (Military)
Replies: 17
Views: 2898

Re: Retirement at 43-45 (Military)

Emergency Funds: One year of expenses Debt: None Tax Filing Status: Married, jointly. No children. Tax Rate: 25% Fed State of Residence: WY Age: His 25, Her 25 Other Info: Projected retirement pensions for both of us is around 70K per year (combined) after taxes (2018 dollars). Looking to get the m...
by WanderingDoc
Mon Apr 30, 2018 12:21 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32107

Re: Ally online savings now at 1.50%

jeffyscott wrote:
Sun Apr 29, 2018 10:14 pm
To do it that way, just divide by 1-tax rate.
So 1.55% ÷ (1-.295) =
1.55% ÷ 0.705 = 2.19%

So if tax rate is 24%, then the 1.55% is equivalent to 2.04%.
1.55 ÷ 0.76 = 2.04
Thanks. First batch is already on the way into Tax-exempt Muni. Next task is to deplete the Ally Savings acct :P
by WanderingDoc
Sun Apr 29, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.75%]
Replies: 210
Views: 32107

Re: Ally online savings now at 1.50%

No, if he gets 2.2% taxable interest, he would pay 29.5% of that in taxes. 29.5% of 2.2% is 0.649%, so after tax he'd end up with 2.2%-0.649% = 1.551%. Or do the math with $1000 investment. 2.2% interest would be $22. Taxes on the $22 would be $6.49, leaving $15.51 after tax. $15.51 is 1.551% of $1...
by WanderingDoc
Sun Apr 29, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Taking the Plunge -- Portfolio Feedback
Replies: 4
Views: 797

Re: Taking the Plunge -- Portfolio Feedback

Based on your $60K downpayment for a house, I am going to guess that you're outside NYC, maybe somewhere in the Syracuse or Buffalo area. A $60K down payment may not even buy you a parking space in NYC! :twisted: You had mentioned your wife is a resident, are you also a physician? Been meeting a lot...