Search found 578 matches

by WanderingDoc
Sat Aug 12, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 6096

Re: Bernstein's Simpleton's Portfolio

I am already halfway through "The Little Book.." and I am sitting here the entire time with my jaw dropped. I wonder what active stock and mutual fund managers would say after reading this book? The other week, I had an hour long call/sales pitch with a manager from Personal Capital, trying to convi...
by WanderingDoc
Sat Aug 12, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 6096

Re: Bernstein's Simpleton's Portfolio

One book? Either "Common Sense on Mutual Funds" or the little book version. Over the past quarter century I've never been too far from 50/50. Aside from a smidge of REITs, I don't like commercial or residential real estate. There's nothing wrong with it investment-wise, especially if it's not your ...
by WanderingDoc
Sat Aug 12, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 6096

Re: Bernstein's Simpleton's Portfolio

I favorably mention low-expense target date funds in If You Can. I don't recall specifically mentioning life strategy funds. The only difference is that with the former, you really don't have to pay too much attention as you age, since the fund automatically decreases equity allocation over the yea...
by WanderingDoc
Sat Aug 12, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 6096

Re: Bernstein's Simpleton's Portfolio

I favorably mention low-expense target date funds in If You Can. I don't recall specifically mentioning life strategy funds. The only difference is that with the former, you really don't have to pay too much attention as you age, since the fund automatically decreases equity allocation over the yea...
by WanderingDoc
Fri Aug 11, 2017 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

I am starting to see the light of Mr. Jack Bogle and index investing. One thing that I cannot really wrap my head around is, if you decided to save a portion of your paycheck and invest it into index funds, you've essentially "given up" to create any real wealth in the most formative and energetic ...
by WanderingDoc
Fri Aug 11, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Yes that's exactly what a backdoor Roth IRA is! And yes I'd do that every year no matter what. I also max out my 401k each year, but we are in the 33% tax bracket so it's well worth the tax savings. As I said before those funds can always be used later within a self-directed IRA rollover to buy mor...
by WanderingDoc
Fri Aug 11, 2017 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

As to above topic, if you do a backdoor Roth, you are converting non-deductible IRA to Roth IRA, and there are no taxes due (assuming you have no gains and no non-Roth IRAs laying around.) You will fill out a form 8606 with your 1040, which calculates and shows you and the IRS that no, or almost no...
by WanderingDoc
Fri Aug 11, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: How to not obsess over investments?
Replies: 46
Views: 4714

Re: How to not obsess over investments?

Hi All, I've posted here regularly in the last year or so, which is right around the time I really started getting on top of my investments and just savings in general. My fiancé and I are in our mid 20s, and have around $150,000 in investments currently, spread in our Roth IRAs, Traditional IRAs, ...
by WanderingDoc
Fri Aug 11, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Yes that's exactly what a backdoor Roth IRA is! And yes I'd do that every year no matter what. I also max out my 401k each year, but we are in the 33% tax bracket so it's well worth the tax savings. As I said before those funds can always be used later within a self-directed IRA rollover to buy mor...
by WanderingDoc
Fri Aug 11, 2017 1:20 am
Forum: Investing - Help with Personal Investments
Topic: General Portfolio Advice and 529 recommendation
Replies: 9
Views: 696

Re: General Portfolio Advice and 529 recommendation

Emergency funds: 6+ months living expenses Debt: $398k mortgage at 3.38%. 28.5 years remaining on 30 year mortgage. $800k+ home value Tax Filing Status: Married Filing Jointly Tax Rate: 39.6% Federal, 0% State State of Residence: WA Age: 33, DW - 35, child 1 - 2.5, child 2 - infant Desired Asset al...
by WanderingDoc
Fri Aug 11, 2017 1:03 am
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Here's the thing no one has really highlighted: you don't have to wait until you're 59.5 to access retirement accounts. This is a very common topic among early retirees both on Bogleheads and dozens of early retiree blogs - all of which still recommend maxing out retirement accounts while you are w...
by WanderingDoc
Thu Aug 10, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Here's the thing no one has really highlighted: you don't have to wait until you're 59.5 to access retirement accounts. This is a very common topic among early retirees both on Bogleheads and dozens of early retiree blogs - all of which still recommend maxing out retirement accounts while you are w...
by WanderingDoc
Thu Aug 10, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: HCP & Real Estate investor seeks advice

Welcome! Could you please explain what "HCP" stands for? I too wondered but then guessed Health Care Provider. For a moment, I also thought perhaps he invested in HCP and very large and excellent Health Care REIT! That's funny! I would have never thought to say that, but I copied that term from a p...
by WanderingDoc
Wed Aug 09, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Matching VTTSX 2060 to TSP fund?
Replies: 16
Views: 1466

Re: Matching VTTSX 2060 to TSP fund?

Not to threadjack,

What do you guys think of this asset allocation (adapted from BrainMc), but modified a bit:

C: 70%
F: 10%
I: 10%
F: 5%
G: 5%

Mostly because I feel like I need to have some small cap and international, but not too much. Your thoughts welcome.
by WanderingDoc
Wed Aug 09, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: HCP & Real Estate investor seeks advice [Health Care Provider]

Traditional 401k - $15K - random mix of funds, but I recently changed allocation to 87% C fund, 13% S fund ((That seems fine :))) Roth 401k - $0 ((I max pretax 401k before thinking of a post tax Roth 401k)) Roth IRA - $5K - USIFX/USGRX/UVALX/USAIX range 0.51 - 1.13 ER ((You can do much better than ...
by WanderingDoc
Mon Aug 07, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

The thing is, I already HAVE earned close to 7 figures in real estate, most of it during the last 3 years of residency. I am already "financially free", from real estate alone. People are afraid of the time commitment, but I can tell you it is not that big of a deal, once you have systems in place....
by WanderingDoc
Mon Aug 07, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Interesting stuff. What is special about the G-fund. It's like a 0.9% return? I bet something similar can be achieved with a Vanguard or other MMF. http://noroboinvestor.com/why-the-g-fund-is-special/ http://gubmints.com/2015/01/12/4-reasons-tsp-g-fund-is-the-unicorn-of-investing/ That is a far bet...
by WanderingDoc
Mon Aug 07, 2017 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

I am starting to see the light of Mr. Jack Bogle and index investing. One thing that I cannot really wrap my head around is, if you decided to save a portion of your paycheck and invest it into index funds, you've essentially "given up" to create any real wealth in the most formative and energetic ...
by WanderingDoc
Sun Aug 06, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Interesting stuff. What is special about the G-fund. It's like a 0.9% return? I bet something similar can be achieved with a Vanguard or other MMF. http://noroboinvestor.com/why-the-g-fund-is-special/ http://gubmints.com/2015/01/12/4-reasons-tsp-g-fund-is-the-unicorn-of-investing/ That is a far bet...
by WanderingDoc
Sun Aug 06, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: 100 Best Stocks to Buy in 2017
Replies: 10
Views: 1760

Re: 100 Best Stocks to Buy in 2017

dwickenh wrote:Well now everyone knows........ So I pass.

Dan :mrgreen:
Hahaha.. I was just thinking something similar a few minutes ago. I'm in a bookstore browsing and thought it looked interesting.
by WanderingDoc
Sun Aug 06, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Surely. I believe Jan, 1st 2018 is the first opportunity to opt-in. I guess it's a no brainer to opt-in if I'm 90% sure I won't stay 20 yrs. for the pension. If you're pegging it at 90%, then BRS is the way to go for sure. That being said, even if you were doing 20+ years, it could be argued that B...
by WanderingDoc
Sun Aug 06, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: 100 Best Stocks to Buy in 2017
Replies: 10
Views: 1760

100 Best Stocks to Buy in 2017

Has anyone read this book. Useful or pass? Cheers
by WanderingDoc
Sun Aug 06, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

You have convinced me to invest in my 401k. The first person to do so :) As much as it pains me to.. They are offering the 5% match in 2018 as well . I think you have to opt for the BRS to be eligible for the 5% match though. If the markets do super well over your career, I think BRS earnings could...
by WanderingDoc
Sun Aug 06, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: Physician & Real Estate investor seeks advice

Is your real estate portfolio in rental properties? How much passive income do you get off of that? Are you financially independent based on just rentals? I would max a 401k pretax. When you leave, you can put into a self directed IRA. You can use that to invest in direct real estate if you want. F...
by WanderingDoc
Sun Aug 06, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: HCP & Real Estate investor seeks advice [Health Care Provider]

Traditional 401k - $15K - random mix of funds, but I recently changed allocation to 87% C fund, 13% S fund ((That seems fine :))) Roth 401k - $0 ((I max pretax 401k before thinking of a post tax Roth 401k)) Roth IRA - $5K - USIFX/USGRX/UVALX/USAIX range 0.51 - 1.13 ER ((You can do much better than ...
by WanderingDoc
Sun Aug 06, 2017 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: HCP & Real Estate investor seeks advice

Welcome here! I would max your 401k and any other pretax options. That way you put away the larger pretax amount away to grow over the years and hopefully will be in a lower tax bracket in retirement than now. If you change jobs you can take your 401k with you and put it somewhere you have full con...
by WanderingDoc
Sat Aug 05, 2017 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Re: HCP & Real Estate investor seeks advice

LadyGeek wrote:Welcome! Could you please explain what "HCP" stands for?
Thanks:) Whoops. HCP = Health Care Provider
by WanderingDoc
Sat Aug 05, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 82
Views: 8943

Physician & Real Estate investor seeks advice

Hope everyone is enjoying their weekend! Glad to be here. I am a HCP, military, early 30s, filing single, no state income tax, and have been someone confused and bewildered if I should be/how investing in equities and retirement accounts. I hope to get some feedback and suggestions. Pertinent stats:...