Search found 160 matches

by nydoc
Sun Jan 12, 2020 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Offer for a house
Replies: 34
Views: 2205

Re: Offer for a house

I actually told my agent to present the offer for the house I saw myself. I have no sympathy for realtors and their ilk. They can sort it out among themselves.
by nydoc
Sun Jan 12, 2020 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Offer for a house
Replies: 34
Views: 2205

Re: Offer for a house

Weird circumstance- buyer’s agent not able to reach for the showing and I saw the house with the seller’s agent. In any case I don’t have very high respect for buyer’s or seller’s agent and their business model so I didn’t care much. I think attorney will be the one truly representing me and I can p...
by nydoc
Sun Jan 12, 2020 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Offer for a house
Replies: 34
Views: 2205

Offer for a house

Hi, We gave a purchase price offer for a house. Due to some weird circumstances seller’s agent will also be buyer’s agent for this house. Agent states that I have to sign a sell agreement to be able to present the offer to the owner. This agreement is almost like a full contract with no contingencie...
by nydoc
Fri Jan 10, 2020 8:42 pm
Forum: Investing - Theory, News & General
Topic: Article - The Hidden Dangers of the Great Index Takeover
Replies: 45
Views: 4702

Re: Article - The Hidden Dangers of the Great Index Takeover

What I can see from this article that active managers and financial crooks will influence regulators to break the indexing model. With current existing crony capitalism it is certainly possible. Sadly passive fund managers like Vanguard will stay passive.
by nydoc
Fri Jan 03, 2020 7:33 am
Forum: Personal Investments
Topic: Amended tax return
Replies: 5
Views: 381

Re: Amended tax return

Corrected form 8606 will result in more refund. Therefore, I will need to file 1040x. I will send old and new form 8606, 1040x with explanation and original 1040.
Thanks.
by nydoc
Thu Jan 02, 2020 8:13 pm
Forum: Personal Investments
Topic: Amended tax return
Replies: 5
Views: 381

Amended tax return

Hi,

I need to file 2018 amended tax return for incorrect form 8606. Should I wait for 2019 tax filing season to be over or can file it now?
Thanks.
by nydoc
Tue Dec 31, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Housing question
Replies: 3
Views: 413

Housing question

Hi, We are looking for homes in past few weeks in Long Island NY and have found a house which meets all our criteria. However the house is in a school district which is good but not the best in the area- New Hyde Park. Elementary school is one of the best in surrounding areas. Our daughter is less t...
by nydoc
Thu Dec 26, 2019 7:42 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 921
Views: 82751

Re: Talk me out of buying a Tesla Model 3

We will need a second car soon and I am looking for a self drive auto pilot car for NYC suburban traffic. I think Tesla 3 will be the car.
by nydoc
Sat Dec 14, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: What to do with old car
Replies: 8
Views: 572

Re: What to do with old car

I had a 2009 Nissan car with 65000 miles and wasn’t using it at all recently. Cost of repairs and insurance was a headache. So I called a friendly garage person and they towed it and after some repairs they sold it with some profit. I was happy to get it disposed. If you go this way be sure to retur...
by nydoc
Thu Dec 12, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: Are co-workers afraid of your executive managers?
Replies: 19
Views: 1729

Re: Are co-workers afraid of your executive managers?

The sad fact is that the workplace is changing and I am finding this out. This is the fact. No emphasis on quality. Profit trumps it all. I am in healthcare and similar things are happening here. No one is concerned about quality of doctors, nurses, hospital staff or equipments. Everyone including p...
by nydoc
Thu Dec 05, 2019 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Does a home mortgage use Simple or Compund Interest?
Replies: 148
Views: 32158

Re: Does a home mortgage use Simple or Compund Interest?

My only wish is to have a bucket either totally empty or spilling over before I kick the bucket.
by nydoc
Tue Dec 03, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: 25 years old roof
Replies: 14
Views: 1372

Re: 25 years old roof

There will be a contingency clause for major roof or structural problems. House price has already been reduced by 10% and is suitably priced. I am still trying to negotiate the cost of the roof- if they don’t agree to reduce any further, will still go ahead with the offer. I just want to make sure t...
by nydoc
Tue Dec 03, 2019 9:25 pm
Forum: Personal Investments
Topic: Investment Ideas
Replies: 89
Views: 6952

Re: Investment Ideas

On behalf of this bogleheads community, I grant final approval to your plan. Now you and your friend should not have any remaining concerns and should feel very smart with the move. Therefore, the discussion is deemed closed from now on.
by nydoc
Tue Dec 03, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: 25 years old roof
Replies: 14
Views: 1372

25 years old roof

Hi, We are in process of purchasing a house in NY state. One particular house fits our criteria but roof is 25 years old. It has architectural shingles. Owner does not report any roof damage or leak. Roof inspection is planned as part of home inspection. Anything particular concerns with the age of ...
by nydoc
Sat Nov 30, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on homeowner insurance on first home
Replies: 18
Views: 1689

Re: Advice on homeowner insurance on first home

I am also in the same boat and in the same location- Long Island. I have everything with GEICO but their home insurance policy is through some other company .
by nydoc
Thu Nov 28, 2019 6:30 am
Forum: Personal Consumer Issues
Topic: Adaptive driving/self driving car
Replies: 10
Views: 919

Re: Adaptive driving/self driving car

Thanks for replies.
Any vehicle that requires minimal movement of my legs will be the best. I drive safe and never had a traffic ticket. So you can imagine my trepidation with adaptive cruise mode.
by nydoc
Wed Nov 27, 2019 9:25 pm
Forum: Personal Consumer Issues
Topic: Adaptive driving/self driving car
Replies: 10
Views: 919

Adaptive driving/self driving car

Hi,
I will be driving soon in slow congested highway traffic for about 90 minutes daily. My feet gets tired quickly with repetitive braking and accelerating. What are the good options for below 50K cars/suvs with adaptive cruise control or self driving modes?
Thanks.
by nydoc
Sat Nov 23, 2019 11:53 am
Forum: Personal Investments
Topic: Real Estate discussion
Replies: 31
Views: 1311

Re: Real Estate discussion

Passive investing is something we all can do with virtually no effort. If you put an equal amount of effort into our real estate business, you'll almost surely fail.:

Similarly, if you put equal amount of required efforts needed for real estate in passive investing- you will surely fail.
by nydoc
Sat Nov 23, 2019 10:53 am
Forum: Personal Investments
Topic: Real Estate discussion
Replies: 31
Views: 1311

Re: Real Estate discussion

Real estate is your business. Three fund portfolio is an investment. These two things are separate. Being a physician is my business. I made 300K in 2016 and 600K in 2019. That rate of return is much much higher than three fund portfolio. Going by your logic I should just focus on my business and do...
by nydoc
Thu Nov 21, 2019 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: What does "get back on my feet" mean?
Replies: 84
Views: 7984

Re: What does "get back on my feet" mean?

Who takes care of older people who have no where to go and are alone?
by nydoc
Tue Nov 19, 2019 11:20 pm
Forum: Personal Investments
Topic: Why ally bank
Replies: 98
Views: 15758

Re: Why ally bank

Nothing special about Ally. All online banks are the same. Marcus is a little better than Ally. Who ever gives you bonus use them. If you need to get real high yield, put it in money market account at Vanguard.
by nydoc
Sun Nov 17, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 63
Views: 10858

Re: Spectrum Internet has a good scam going

Prorated fee applicable in Teax and Ohio. Not applicable in California, New York and Illinois. I really don’t see why it is like that. California has laws that protect its residents in many situations like this. Gift cards do not expire in California. I can't think of any other examples at the mome...
by nydoc
Sun Nov 17, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: New Tenant.... possibly
Replies: 28
Views: 2169

Re: New Tenant.... possibly

I am on H1b visa. Income is 600k. Credit is 790. A person on H1b visa will most likely have a good stable income, education, drug free, no bad visitors, will pay rent exactly on time, least complaining and overall trouble free tenant. They are vetted by USCIS and DHS. They don’t want to get into any...
by nydoc
Sun Nov 10, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 11572

Re: Seller's agent not letting us use a buyer's agent

What if I go see a property on behalf of my brother and later on I decide to buy that property with my own buyer’s agent for myself, do these rules and conventions still apply? Just sayin
by nydoc
Wed Nov 06, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: Spectrum Internet has a good scam going
Replies: 63
Views: 10858

Re: Spectrum Internet has a good scam going

Prorated fee applicable in Teax and Ohio. Not applicable in California, New York and Illinois. I really don’t see why it is like that.
by nydoc
Fri Nov 01, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Marcus bonus: Timing of withdrawing funds
Replies: 32
Views: 3439

Re: Marcus bonus: Timing of withdrawing funds

If you can move the money to 2.5% you’re giving up an astounding $12 in interest that turns into $8 or so into your pocket after taxes... And then you can scour through internet for tax software deals and save two more dollars. Now you have $10. See you started with $50k and now you have madr TEN DO...
by nydoc
Thu Oct 31, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus bonus: Timing of withdrawing funds
Replies: 32
Views: 3439

Re: Marcus bonus: Timing of withdrawing funds

Pull it from linked bank account. I put order at Vanguard to pull it all from Marcus.
by nydoc
Thu Oct 31, 2019 10:31 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20561
Views: 2796170

Re: U.S. stocks in free fall

Scrambling for money to invest, can’t find any.
by nydoc
Thu Oct 31, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Marcus bonus: Timing of withdrawing funds
Replies: 32
Views: 3439

Re: Marcus bonus: Timing of withdrawing funds

Completed requirements- 10/28/19
Bonus applied- 10/30/19
All funds withdrawn- 10/31/19 😃
by nydoc
Thu Oct 31, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Personal Financial Statement Template? Meeting with Advisor...
Replies: 29
Views: 2203

Re: Personal Financial Statement Template? Meeting with Advisor...

Now that you already enjoyed free drinks, nice hotel stay and free guided tours, it is the time to sneak out of this time share presentation surreptitiously.
by nydoc
Thu Oct 31, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 317
Views: 29083

Re: HRBLOCK Pre-Order 2019 Software Offer

If this is the only form of market timing bogleheads engage into, I am all for it.
by nydoc
Sat Oct 26, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: How much does a "good school district" matter?
Replies: 76
Views: 7736

Re: How much does a "good school district" matter?

Move to a good school district and also be very involved in their education at home. Why to take any chances?
by nydoc
Thu Oct 24, 2019 9:41 pm
Forum: Investing - Theory, News & General
Topic: "Invest In The Largest Mutual Fund In The World" World:
Replies: 17
Views: 2904

Re: "Invest In The Largest Mutual Fund In The World" World:

People born and raised in US carry a rosy view of world outside the US which is natural. Outside world is not as ethical and rule based as US and this is coming from someone who migrated to US from somewhere else. Even criminals stop at red light here because it’s ingrained in everyone’s mind. Buyin...
by nydoc
Fri Oct 18, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: How do I store a boat this winter?
Replies: 20
Views: 1794

Re: How do I store a boat this winter?

As soon as you buy it, sell it to someone with a garage. Boat will be stored for the winter. You thought you covered everything with your opening paragraph...😃
by nydoc
Tue Oct 15, 2019 7:27 am
Forum: Personal Investments
Topic: I-bonds with kids
Replies: 18
Views: 1857

Re: I-bonds with kids

Will this purchase be counted against annual gift limit to your children?
by nydoc
Mon Oct 14, 2019 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with dentist fees
Replies: 82
Views: 6763

Re: Frustrated with dentist fees

My office staff very clearly tells patients in polite way that it’s theirs responsibility to know the minute details of their insurance plans. They bought the insurance not me. Read the fine print before you sign something. Apart from that I wish I was a dentist and not a surgeon and would be paid a...
by nydoc
Mon Oct 14, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: Doctors charging for things outside of insurance, is this Kosher?
Replies: 55
Views: 6038

Re: Doctors charging for things outside of insurance, is this Kosher?

Usually one out of 15. It’s not that difficult to spot them when I see them in my office before surgery.
by nydoc
Mon Oct 14, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Doctors charging for things outside of insurance, is this Kosher?
Replies: 55
Views: 6038

Re: Doctors charging for things outside of insurance, is this Kosher?

Any patient who shows any hint of not showing up on the day of surgery goes to the end of my surgery schedule, usually beyond normal working hours. This way I can keep my business running as most of these patients will cancel for one reason or another and am not wasting my time.
by nydoc
Sat Oct 05, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: If you use Vanguard (Brokerage), why do you stay?
Replies: 58
Views: 7411

Re: If you use Vanguard (Brokerage), why do you stay?

All my investments are Vanguard ETFs. They are free. I don’t trade any stocks. So I stay with Vanguard. Now if someone offers me at least 1% bonus to transfer to their brokerage I will do it but will revert back to Vanguard as soon as I receive the bonus.
by nydoc
Fri Oct 04, 2019 8:22 pm
Forum: Investing - Theory, News & General
Topic: Variable annuities
Replies: 11
Views: 1438

Re: Variable annuities

Are you selling or buying?-

I hope OP got the idea.
by nydoc
Sat Sep 28, 2019 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: How to Live on $350k (Income) in Hawaii
Replies: 68
Views: 7772

Re: White Coat Investor: How to Live on $350k (Income) in Hawaii

Everything should be planned around net income after taxes. All the expenses come out of net income not from gross.
by nydoc
Sun Sep 15, 2019 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Would you spend an extra day a week for 1 year working for a luxury
Replies: 27
Views: 2614

Re: Would you spend an extra day a week for 1 year working for a luxury

I would rather work one less day and let go something luxurious in my life for that.
by nydoc
Sun Sep 15, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 10127

Re: Do You Tip At Counter Service Restaurants?

At this point of transaction I am still waiting for the service I am paying for. Therefore I hit no tip and move on.
by nydoc
Thu Sep 12, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: Hospital/Doctor Release Form
Replies: 27
Views: 2183

Re: Hospital/Doctor Release Form

Yes for $50 office visit each I am going to draft a new contract each time . Sure way to close the business in a week time.
by nydoc
Wed Sep 11, 2019 9:49 pm
Forum: Personal Investments
Topic: Teenager wants to save...
Replies: 29
Views: 2297

Re: Teenager wants to save...

One child. They is being used as a gender neutral term.
by nydoc
Wed Sep 11, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: Calling all iPhone SE Bogleheads
Replies: 61
Views: 5340

Re: Calling all iPhone SE Bogleheads

Happy and satisfied user of iPhone SE for the last 3 years.
by nydoc
Sat Sep 07, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: Laser or inkjet
Replies: 58
Views: 3780

Re: Laser or inkjet

I bought a HP inkjet with instant ink about two years ago for $30. You can print 15 pages a month for free and after that it’s $1 for 10 pages. Unused pages rollover too. They send cartridges for free. So far I have paid nothing.
by nydoc
Mon Sep 02, 2019 6:46 pm
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 55
Views: 4988

Re: Long Island NY housing

Agree. Trying to stay close to NYC in the Queens bordering towns in LI with good schools. So excluding New Hyde Park and Floral Park, all are in consideration. At one time looked into Scarsdale in Westchester too but commute is horrible.
by nydoc
Mon Sep 02, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 55
Views: 4988

Re: Long Island NY housing

Thanks for your reply. Rosyln is good too but I am not so sure about the school district there. We are looking for a good sized house which is tough to find in Great Neck for a reasonable price.
by nydoc
Sun Sep 01, 2019 10:11 pm
Forum: Personal Investments
Topic: 37th Parallel Properties
Replies: 12
Views: 4446

Re: 37th Parallel Properties

Out of all the places, this poster decided to peddle their sales pitch on bogleheads forum. Times must be desperate.