Search found 308 matches

by penumbra
Wed Jun 04, 2008 11:23 pm
Forum: Personal Investments
Topic: Any experience w 419(e) Welfare Benefit Trust?
Replies: 1
Views: 817

Any experience w 419(e) Welfare Benefit Trust?

We have a small professional corporation, and this has been touted to us as a good additional way to provide funding for medical expenses after retirement on an pretax basis. I've read these are controversial, so I would welcome any input as to advisability.
by penumbra
Tue Oct 02, 2007 1:05 am
Forum: Personal Finance (Not Investing)
Topic: How much vacation per year (and what do you do)?
Replies: 15
Views: 4000

Well, there's a difference for the self employed between how much you get vs how much you take . I take approx 15 weeks off currently, tho plan to increase it some next year. I've averaged between 12 and 18 over my 30 year career. I love to travel, and tho my wife does also, she is losing the taste ...
by penumbra
Thu Sep 20, 2007 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Etrade==> Scottrade switch? Any thoughts info? Do, dont?
Replies: 14
Views: 6582

Have used Scottrade for several years...

overall not bad. Fidelity is much better for a wide variety of things, and its customer service is the best, bar none. If you just want something simple and cheap, have found WellsTrade much better. You'll save a bunch on Vanguard fund trades, and no short term holding period.
by penumbra
Thu Aug 30, 2007 9:54 pm
Forum: Investing - Theory, News & General
Topic: Cash management using municipal resets instead of MMFs
Replies: 39
Views: 12485

I've tried these.

Sometimes there's a slight advantage overMM funds, othertimes not (esp over Fidelity Institutional rates). Biggest nuisance for a West Coast person using Fidelity is having to call in before 7am to buy, and same in order to sell. It's disruptive, and sometimes, your money is tied up at the wrong tim...
by penumbra
Sat Aug 18, 2007 9:18 pm
Forum: Personal Investments
Topic: Insurance my Biggest Expense after Housing
Replies: 17
Views: 5093

Taxes are by far the highest expense for us. But next,

investment expenses are way ahead of anything in third place. If you do a portfolio check in Morningstar, you might find your fund management expenses are far higher than you think. It sure was an eyeopener for me, and this is despite using low cost passive indexes.
by penumbra
Mon Jun 04, 2007 9:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard vs. Fidelity
Replies: 36
Views: 12727

I've used both...

Most if the advantages are with Fidelity. Immesurably better customer service, better fee structure for stock/ETF trades, more mutual funds, local offices in some areas, better statements, etc. Did I mention customer service? Disadvantages of Fidelity include $75 fee to buy Vanguard mutual funds. Be...
by penumbra
Sun May 27, 2007 11:13 pm
Forum: US Chapters
Topic: Calling all Docs! Physician Chapter/Interest Group
Replies: 169
Views: 88793

I'd be interested.

Radiologist, coastal CA, well along on the investing continuum, made most the the mistakes already (I hope).
by penumbra
Mon Apr 16, 2007 10:41 pm
Forum: Investing - Theory, News & General
Topic: Are private elite universities worth it?
Replies: 139
Views: 65272

Another take on this....

Lots of different points of view here. Speaking for myself, I went to a top Ivy school, did fairly well. Made it a snap to get into medical school, with a full scholarship at UCLA. I think the top Ivy's are definitely worth it, whether you go on or not. My sense of the quality of the education is th...