Search found 13315 matches

by White Coat Investor
Tue Apr 17, 2007 5:59 pm
Forum: Investing - Theory, News & General
Topic: Are private elite universities worth it?
Replies: 139
Views: 64292

At age 17, borrowed student loan money is free money. It's a non-issue. Kids can't understand the truth until that first payment is due. So while I can understand your wanting the kid to have a financial stake in all of this, it's very difficult to impart by way of "free student loan money sloshing...
by White Coat Investor
Mon Apr 16, 2007 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Sorry
Replies: 5
Views: 1888

The polls are fine, don't worry about it. I enjoy seeing what others think.
by White Coat Investor
Mon Apr 16, 2007 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: ** Looking for all suggestions for this newbie **
Replies: 9
Views: 2527

Welcome to the Forum! Here's my suggestion: Move all your spare CASH into that Emigrant Direct account. Put your Roth IRA in Target Retirement 2045 or so and leave it. Keep saving money like mad. Now, go read a few books: 1) The BogleHead's Guide to Investing 2) The Four Pillars of Investing 3) Comm...
by White Coat Investor
Mon Apr 16, 2007 6:58 pm
Forum: Investing - Theory, News & General
Topic: Are private elite universities worth it?
Replies: 139
Views: 64292

When I applied to colleges, I was accepted everywhere I applied, including a "top 10" school and a "top 20" school. I ended up choosing the least expensive option available to me (a "top 70" school), which incidentally gave me a full tuition scholarship. I felt I received an excellent education whic...
by White Coat Investor
Sun Apr 15, 2007 8:44 pm
Forum: Investing - Theory, News & General
Topic: Quick SWR question
Replies: 12
Views: 3974

Re: Quick SWR question

I believe the answer is quite obvious. . Good point. I guess I ought to think a bit longer before writing. Thanks for the link to Dr. Bernstein's site. I had read that before and forgotten it. It seems a higher withdrawal rate, 5-7% could be justified using this technique. But the key is, as Orion ...
by White Coat Investor
Sun Apr 15, 2007 7:27 pm
Forum: Investing - Theory, News & General
Topic: Quick SWR question
Replies: 12
Views: 3974

Quick SWR question

I'm hoping not to drag this into a huge, never-ending SWR debate. As the 4% rule is tossed around, it usually seems to be phrased as 4% of the portfolio AT RETIREMENT, adjusted for inflation. What do you all think of the idea of withdrawing 4% of the portfolio, period. This way, if you were having a...
by White Coat Investor
Sun Apr 15, 2007 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Diehards.org vs. M* vs. Dan Wiener
Replies: 2
Views: 1998

I guess that means Dan Wiener is obviously better than diehards.org. :)

BTW, does it count internet explorer, netscape, and mozilla?
by White Coat Investor
Thu Apr 12, 2007 11:16 pm
Forum: Investing - Theory, News & General
Topic: Why market timing doesn't work..the TSPtalk.com example
Replies: 4
Views: 2411

Don't get me started on TSPTAlk.com. You would think it would be hard to do poorly with such excellent investment options, but if you time it just right..... So far this year (as of last Friday) their returns range from -4.63% to 9.65% with an average of 2.87%, which is precisely 0.53% LESS than jus...
by White Coat Investor
Wed Apr 11, 2007 5:55 pm
Forum: Investing - Theory, News & General
Topic: one will be rich and four will be financially independent
Replies: 45
Views: 21946

To be precise, I think it would be fairest to call Social Security a "social insurance" scheme. That is in fact importantly different from a pure "welfare" scheme, because the idea with social insurance is to have the "premiums" (what people pay into the scheme) eventually cover the benefits, but w...
by White Coat Investor
Wed Apr 11, 2007 5:45 pm
Forum: Investing - Theory, News & General
Topic: Lesson Learned: S&D
Replies: 10
Views: 4451

Re: Lesson Learned: S&D

Following the Boglehead philosophy, I decided to put all of my VG Index 500 taxable funds into VG Total Stock Mkt Index, a broader fund. But when this was done, the tax bill was a killer. To avoid generating such a large "tax event," I think I should have taken only a portion out of Index 500, repr...
by White Coat Investor
Tue Apr 10, 2007 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Any Gamers?
Replies: 72
Views: 30661

actuaryinvestor wrote: It's like a hard drug addiction.
Clearly we need rehab. I wonder what would happen if we invested as competitively as we play this game.
by White Coat Investor
Tue Apr 10, 2007 3:31 pm
Forum: Investing - Theory, News & General
Topic: one will be rich and four will be financially independent
Replies: 45
Views: 21946

Re: EmergDoc

Is there a reasonable alternative? Here is my suggestion: Lower the tax. Make it something like 2% rather than 6.2%. One should only pay the tax on his first $50K instead of $100K. Then we raise the age on when benefits start to say....75 or 80. Now, we eliminate all benefits for those who have oth...
by White Coat Investor
Tue Apr 10, 2007 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Need practical advice on sellling car
Replies: 5
Views: 2150

thanks emerg. doc. I'm leaning toward selling. I guess now we have a different topic. We carry 1M liability on both cars and 1000/deductibles on comp & coll, through USAA. The premium is 200/month for both vehicles. Who do you recommend as a carrier? I also use USAA, $1000 deductible, $1-500,000 li...
by White Coat Investor
Tue Apr 10, 2007 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Need practical advice on sellling car
Replies: 5
Views: 2150

Re: Need practical advice on sellling car

Currently: We own two vehicles: BMW - paid for, 10 years old, (but bought 5 years ago for $21K), 107,000 miles - my dad says it will last for another 100K miles Chevy Tahoe - one year left of payments at 0%, only 4 years old, 30,000 miles My husband has a "government vehicle" for work purposes. I u...
by White Coat Investor
Tue Apr 10, 2007 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Any Gamers?
Replies: 72
Views: 30661

I looked at your maze but I don't really understand it. You seem to have a lot of dead ends where there would be no traffic, but it obviously worked for you. It's like a hard drug addiction. I agree! Remember the saved maze is what existed when the game ended, not what existed for most of the game.
by White Coat Investor
Mon Apr 09, 2007 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Any Gamers?
Replies: 72
Views: 30661

All right, who's actuaryinvestor? Now I have to go back and play that game again!
by White Coat Investor
Mon Apr 09, 2007 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Question for MDs on protecting assets & insurance
Replies: 18
Views: 7738

snacks99 wrote:No one here uses the AMA group disability insurance?
They wouldn't give it to me. I'm currently active duty military. For some reason they are afraid to insure our soldiers.
by White Coat Investor
Mon Apr 09, 2007 8:08 pm
Forum: Investing - Theory, News & General
Topic: one will be rich and four will be financially independent
Replies: 45
Views: 21946

Re: Social security is out of our own pockets

With all respect, it is important to keep in mind that Social Security is not a government handout. It is a retirement system in which all of us wage earners invest a substantial portion of our incomes "out of our own pockets" with a substantial match from our employers. I find it disturbing when c...
by White Coat Investor
Mon Apr 09, 2007 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Question for MDs on protecting assets & insurance
Replies: 18
Views: 7738

Re: Question for MDs on protecting assets & insurance

Following up on the recent question about protecting assets against lawsuits, I have some questions for diehard MDs (EmergDoc, others?) 1. My wife is a MD (final year of residency) and will be potentially subject to malpractice lawsuits in the future. Besides insurance how can we shield our assets?...
by White Coat Investor
Mon Apr 09, 2007 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Question for MDs on protecting assets & insurance
Replies: 18
Views: 7738

Re: Not in the field - but a little

In a somewhat curious twist (and completely unrelated), 2 years ago I got an infection following surgery, and have some ongoing consequences. It NEVER occurred to me to sue the surgeon, BUT lots of folks ask, "Are you planning to sue the surgeon?" dan These "nuisance suits" are very common, but rar...
by White Coat Investor
Sun Apr 08, 2007 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum Loss Table?
Replies: 7
Views: 2355

It is important to realize that this is a rule of thumb generated using past data. Just because stocks have only declined 50% per bear market in the last 50 years doesn't mean they will only decline 50% in the next bear market.
by White Coat Investor
Sun Apr 08, 2007 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: When to contribute
Replies: 15
Views: 5410

Yup. Since the market goes up most of the time, the best time to contribute is when you have the money, i.e. on the first of the year.
by White Coat Investor
Sun Apr 08, 2007 1:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard U.S. Growth: Give me a reason
Replies: 20
Views: 6865

Re: Vanguard U.S. Growth: Give me a reason

Met Income wrote: Wouldn't you have to wait 30 days for the wash sale rule?
You're right.
by White Coat Investor
Sun Apr 08, 2007 8:44 am
Forum: Investing - Help with Personal Investments
Topic: high net worth & protecting oneself from lawsuits/liabil
Replies: 38
Views: 15694

I also carry $2 million umbrella liability coverage. There are things one can do to minimize risk of lawsuits. Professionally speaking, malpractice studies show it is the same doctors getting sued over and over again (to a certain extent.) The funny thing is it isn't the incompetent doctors getting ...
by White Coat Investor
Sat Apr 07, 2007 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Total Bond funds
Replies: 15
Views: 5231

FWIW, I like intermediate bond index fund. It is a good mix of treasuries (for safety) and corporates (for extra yield) without those pesky GNMAs (that are only great if interest rates don't go up or down.)
by White Coat Investor
Sat Apr 07, 2007 8:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard U.S. Growth: Give me a reason
Replies: 20
Views: 6865

Re: Vanguard U.S. Growth: Give me a reason

Hi. I'm currently sitting on just over 1,500 shares of the flovely Vanguard U.S. Growth fund, which is one of the more boneheaded -- OK, the most boneheaded -- investment I've ever made. :roll: I purchased them over a period of a few years in the late '90s/early '00s through automatic paycheck dedu...
by White Coat Investor
Fri Apr 06, 2007 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: what is your job/occupation?
Replies: 84
Views: 45211

If you don't know I'm not going to tell you. But I took a pass on being a
<---- professional climber so as not to mix business with pleasure.
by White Coat Investor
Fri Apr 06, 2007 3:49 pm
Forum: Investing - Theory, News & General
Topic: Was the decision on how to set your equity-fixed spli
Replies: 67
Views: 28887

Very easy if you know what your goal is. If you don't know what your goal is, maybe you shouldn't be investing? I disagree. I'm confident I will come up with goals that require money in the future. Just because I don't know what they are now I shouldn't save? Shouldn't I save for my child's college...
by White Coat Investor
Fri Apr 06, 2007 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency cash in fixed income or separate?
Replies: 8
Views: 2173

In the beginning, when the portfolio is small, it makes sense to include the emergency fund as part of your fixed income. Later, when the portfolio gets larger, it simply doesn't matter because it is such a small percentage of the total portfolio. If your emergency fund is constantly changing (like ...
by White Coat Investor
Fri Apr 06, 2007 1:05 pm
Forum: Investing - Theory, News & General
Topic: Was the decision on how to set your equity-fixed spli
Replies: 67
Views: 28887

In the end, it came down to Benjamin Graham's advice: No one should hold less than 25% equity or more than 75% equity. I never heard this Ben Graham quote before.....I assume it is from one of his 2 classic books (Security Analyis or The Intelligent Investor). : I believe it is in the Intelligent I...
by White Coat Investor
Fri Apr 06, 2007 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Videos of Q & A session at Diehard V in Las Vegas
Replies: 9
Views: 3727

Re: Videos of Q & A session at Diehard V in Las Vegas

Here's the video that Sunny filmed of the Q & A session in the Diehard V reunion in Las Vegas (May 15-17, 2006). Part 1 of 5 Part 2 of 5 Part 3 of 5 Part 4 of 5 Part 5 of 5 Most of the videos are about 30 minutes each (except Part 3 which is about 7 minutes). Jack definitely has a great sense of hu...
by White Coat Investor
Fri Apr 06, 2007 11:18 am
Forum: Investing - Theory, News & General
Topic: Was the decision on how to set your equity-fixed spli
Replies: 67
Views: 28887

Very hard; I spend a lot of time on it. There were so many factors to consider. I find the "maximum allowable loss" really vague. Like my dad said when I asked him what his was: "I don't want to lose any of it." I feel the same way. How much I am willing to lose depends on how much I think I can gai...
by White Coat Investor
Thu Apr 05, 2007 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Question. Hedge Fund.
Replies: 19
Views: 5962

I would put in 20% of my net worth.

Good luck investing.
by White Coat Investor
Thu Apr 05, 2007 4:38 pm
Forum: Investing - Theory, News & General
Topic: The Tao of Alpha
Replies: 6
Views: 2002

Very interesting. Thank you. Doesn't do much to make me abandon my plan of low-cost, indexed investments.
by White Coat Investor
Thu Apr 05, 2007 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: SUZE ORMAN
Replies: 5
Views: 2944

chaz wrote:No, she is not on that frequently in my town! Sorry if the news offended you emerg doc.
[/quote]

No offense, just didn't understand what the big deal was. The last time I had a chance to take in much TV it seemed she was on each evening.
by White Coat Investor
Thu Apr 05, 2007 1:32 pm
Forum: Investing - Theory, News & General
Topic: 10-year TIPS auction on 4/12/07
Replies: 5
Views: 2067

Re: 10-year TIPS auction on 4/12/07

10-year TIPS auction on 4/12/07. Reopening of 10-year TIPS auctioned in January. 2.375% coupon. Current market yield is 2.2-2.3%. 5-year TIPS auction on 4/24/07. Announcement scheduled on 4/19/07. Current market yield on 5-year is 2.0-2.1%. - auction announcement (PDF) - pricing spreadsheet Does th...
by White Coat Investor
Thu Apr 05, 2007 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: SUZE ORMAN
Replies: 5
Views: 2944

Re: SUZE ORMAN

chaz wrote:Tonight, 4-5-07, Suze Orman will have a show on public television to help women with investing.
Doesn't she have a show on television EVERY DAY to help women with investing? Is the news that it is on PBS rather than whatever it was on before?
by White Coat Investor
Thu Apr 05, 2007 1:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: Richmond, VA area Diehards?
Replies: 39
Views: 13687

orthros wrote:
coastn, dave and brackle: If y'all email me, we can set up a date for the 1st Richmond Diehard group!! That would rock.

O
Be sure to post it online. Those of us that are a just a bit further away may be able to attend if it works out.
by White Coat Investor
Wed Apr 04, 2007 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to automatically pay credit card bills?
Replies: 34
Views: 13689

Re: Paying Credit Cards

Hi Doc: Many retirees travel extensively, and don't get their mail in a timely manner, or don't get it at all. IMO, those folks need some safeguards in place to prevent the automatic draining of their accounts that could result from fraudulent or incorrect charges on their CC bills. Regards, Mel I ...
by White Coat Investor
Wed Apr 04, 2007 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Any Gamers?
Replies: 72
Views: 30661

BigFoot48 wrote:Here's an online strategy game I've been playing the last few days. Select Medium level and record your score, perhaps in a group called Diehards?

Good luck! http://www.handdrawngames.com/DesktopTD/

My current high score is 4,947.
Took me a while, but I finally got you. 5326
by White Coat Investor
Wed Apr 04, 2007 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to automatically pay credit card bills?
Replies: 34
Views: 13689

Re: Paying Credit Cards

Hi SB1: I think it's dangerous to set up automatic payments of credit cards, since fraudulent charges might be paid and not even noticed. I understand that once you pay a charge, you might have problems contesting it. Mel They send you a statement 3 weeks before the debit. If there is a problem you...
by White Coat Investor
Wed Apr 04, 2007 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to automatically pay credit card bills?
Replies: 34
Views: 13689

Re: Best way to automatically pay credit card bills?

I pay my credit card balances in full each month, but sometimes I miss the due date and get hit with penalties/finance fees. 2) I can fill out some paper forms and set up with each credit card company an automatic debit from my checking account to pay the bills in full each month. But it's a pain, ...
by White Coat Investor
Wed Apr 04, 2007 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Aggressive Asset Allocation for Critique
Replies: 44
Views: 19856

Holy Cow! He is 24! He is a professional gambler! He wants to invest in a well-balanced portfolio of equity index funds! I think the portfolio is fine. I'm just happy to see that his portfolio isn't 3 or 4 tech penny stocks. I'd hold bonds, but I certainly don't feel they are necessary for a 24 year...
by White Coat Investor
Wed Apr 04, 2007 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: AA Just Starting at 52
Replies: 16
Views: 5077

Re: AA Just Starting at 52

We need 3K a month to live on now and expect it to be similar in retirement because we just re-financed a 30 year mortgage. We have about 136K total to invest right now. We expect to have about 2K a month from a pension and social security, so we would need about 1K a month from the investments. An...
by White Coat Investor
Wed Apr 04, 2007 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Husband/Wife Differ on AA...Help!
Replies: 31
Views: 12264

Hubby feels very strongly about the upside in those markets. He is intent upon this, believe me. However, I think if he gets his way here, in the future I will have more ability to move new money into better AA. cyrene Especially if they tank these next couple years! It would be an expensive lesson...
by White Coat Investor
Wed Apr 04, 2007 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: LDS Diehards?
Replies: 21
Views: 8579

Re: THIS THREAD SHOULD HAVE REMAINED "REMOVED"

Halfway through this thread someone said the Diehard philosophy was good for those people of faith..... It would follow that Diehard philosophy might not be good for those people without faith. I fail to see why the first would necessarily lead to the second. I suspect most of us diehards think the...
by White Coat Investor
Tue Apr 03, 2007 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Insurance for physician
Replies: 16
Views: 6393

Re: Emerg Doc

No slight intended. Bob P.S. Am M.D. too. None taken. A thick skin is helpful in medicine and in internet forums. To the OP, the other company I couldn't think of earlier was Berkshire/Guardian. Unless something has changed in the last 6 months, I think if you look around, only Berkshire and Standa...
by White Coat Investor
Tue Apr 03, 2007 8:14 am
Forum: Personal Finance (Not Investing)
Topic: LDS Diehards?
Replies: 21
Views: 8579

In order to avoid the inevitable frictions that arise from these topics, posts whose primary purpose is to introduce political or religious discussions are prohibited, even in the Off Topic forum. Kathy Let's be careful not to overmoderate in this area. There are many religious topics directly rele...
by White Coat Investor
Mon Apr 02, 2007 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Retired 70 Year Old Aunt
Replies: 3
Views: 1522

Re: Advice for Retired 70 Year Old Aunt

She has no mortgage on her house that's worth about $800,000. She has lived in the same house for more than 40 years and does not plan to move. Total portfolio is $737,000 Social Security $1300 per month . Depending on how much income she needs to live on, she may be the type of person who would be...
by White Coat Investor
Mon Apr 02, 2007 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Adding Vanguard REIT
Replies: 17
Views: 6308

I bought REITs 4 or 5 months ago, right after they had a 5% run in a single week. Since that time I'm up over 5%. Have they had a great run? You bet! Is it over? Who knows? I knew I would regret it more if I didn't buy them and the run continued another two or three years than if I bought them and t...