Search found 13456 matches

by White Coat Investor
Wed Jun 06, 2007 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: 401K & 457 Plan Limits
Replies: 28
Views: 9444

Other than whether a 457 combined with a qualified plan at the same job lets you exceed the $45,000 sec. 415 limit at that job, which sounds like it doesn't matter to anyone here, is there some open question someone is looking for the answer to? So if I have two jobs, each of which has a 401K, I ca...
by White Coat Investor
Wed Jun 06, 2007 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Visiting Las Vegas
Replies: 16
Views: 5331

Whenever I go to Vegas, I love to go out and hike at Red Rocks. This is a park just outside of Vegas. You drive about 12 miles of winding roads and there's dozens of trails that you can hike that are pretty well marked out. It's really beautiful there. Amen. Without a doubt the best part of Vegas. ...
by White Coat Investor
Wed Jun 06, 2007 2:06 pm
Forum: Investing - Theory, News & General
Topic: Why not a 115% Equity Portfolio?
Replies: 60
Views: 23168

USA Only data is data mining for a start anyway, cause the USA was by far the luckiest country in the last 200 years with no wars on homeground, no notable political crisis etc. I think the Civil War might count, :lol: but I do agree with your sentiment. Best wishes, Ken [Edit: Come to think of it,...
by White Coat Investor
Tue Jun 05, 2007 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: 401K & 457 Plan Limits
Replies: 28
Views: 9444

Wow! I can't believe that with the combined wisdom of the diehards forum, NO ONE can point out with any authority at all the answers to these important questions. As far as employee contributions, I know people with a 457 and a 403b from the same employer who contribute 15K to each, but I suppose I ...
by White Coat Investor
Mon Jun 04, 2007 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7689

Re: you guys seem to be forgetting something

Do you actually do this? What is your tax bracket, your broker margin rate, and your actual margin % that you use in your taxable account? I assume you plan to maintain this throughout your investing lifetime, through good times and bad? 1) No, but I would be very comfortable doing this with a well...
by White Coat Investor
Mon Jun 04, 2007 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: 401K & 457 Plan Limits
Replies: 28
Views: 9444

My understanding: The employee can put up to $15.5K total into each 401K/403b that he has. (2 jobs means you can double up.) An employee can also put $15.5K into a 457 even if he only has one job which happens to offer a 403b and a 457. The 45K IRS limit applies to all of the employees contributions...
by White Coat Investor
Mon Jun 04, 2007 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Are emergency funds included in portfolio allocation %'s
Replies: 2
Views: 1164

Most people do not count them. Some of us who have very small portfolios do count them for at least a few years. You can do it either way but I do find it more work to count it because my emergency fund balance changes frequently because I also use it for large purchases.
by White Coat Investor
Mon Jun 04, 2007 6:14 pm
Forum: Investing - Theory, News & General
Topic: Uh, oh, congress looks into tearing up TSP indexes
Replies: 24
Views: 8903

I'm not happy about this given the investment returns of socially responsible funds. On a very OT note, anybody else read Collapse ? It suggests that the Rwanda genocide was heavily contributed to by limited resources being split more and more between exponentially reproducing populations. Seems tha...
by White Coat Investor
Mon Jun 04, 2007 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: VUL options
Replies: 29
Views: 19484

I'll be getting out one way or another this week and writing this off to an expensive learning experience. John. Take your time. Don't rush anything. Yup, you got screwed (most of us here have at some point or another) but don't compound it with another mistake. Let this motivate you to read and le...
by White Coat Investor
Mon Jun 04, 2007 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help me exercise some self restraint!
Replies: 23
Views: 5937

I prepay but for a different reason. I'm saving up in my house to buy a bigger house. Rather than putting the money into my pot of money for retirement, it goes into my pot of money for house. Guaranteed 6.125% return. Beats Prime, and where else would I invest money I need in only 3 years?
by White Coat Investor
Mon Jun 04, 2007 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: sell stock or mutual fund?
Replies: 7
Views: 2316

Re: figure cost basis first

I'd calculate your cost basis and tax liability from the sale first. Steve This is what it all comes down to. If your tax liability on the chevron is huge and the tax liability on the index fund is very small, this decision may not be as straight forward as some above seem to imply. Perhaps you sim...
by White Coat Investor
Mon Jun 04, 2007 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: A 68-YO Beginner's retirement portfolio
Replies: 28
Views: 8646

Are you taking applications for adoption? That is very generous of you to help out your son so much. I can tell you what my father would say if I asked him for 40% of what he took home after taxes and then expected an inheritance! (Naturally, I don't know the situation, and I'm sure if I understood ...
by White Coat Investor
Mon Jun 04, 2007 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7689

Re: you guys seem to be forgetting something

It's just my opinion that you are leaving money on the table if you are not using enough margin in your taxable accounts to offset expected dividends. dividends being taxable and margin interest being deductible This is an idea I've never considered. So are you saying that if your taxable portfolio...
by White Coat Investor
Mon Jun 04, 2007 4:07 pm
Forum: Investing - Theory, News & General
Topic: Keep both hands on your wallet investment fans.
Replies: 27
Views: 10234

As I understand, tax deferral is worthwhile up to an ER of 1.5-2%, and then at that point you may be better off in taxable after the match. Of course, this assumes you stay at the same employer long-term.
by White Coat Investor
Mon Jun 04, 2007 10:45 am
Forum: Investing - Help with Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7689

larryswedroe wrote:Doc
Puts cost money. Collars cost nothing. You write the call earning the premium to offset the cost of the put. And in those situations most people are willing to trade off the upside to lose the downside risk--low utility of wealth.
Thanks!
by White Coat Investor
Mon Jun 04, 2007 10:42 am
Forum: Investing - Theory, News & General
Topic: 6/3 Clements - Tweaks That Help Fatten Your Wallet
Replies: 2
Views: 2092

Karl wrote:Darn, nothing there to fatten my wallet. I've already done everything on his list that applies to my situation.

And being bored out of my mind, I know my wallet weighs 0.48 pounds (weighed it at the grocery store). :lol:
You my friend, need to buy some more channels.
by White Coat Investor
Sun Jun 03, 2007 8:03 am
Forum: Investing - Theory, News & General
Topic: Bond allocation - are Target Retirement Funds too aggressive
Replies: 30
Views: 14779

At age 28 I wouldn't be concerned about owning bonds for a long time. I would. Study after study has proven that 20% allocated to bonds/fixed income significantly lowers volatility while barely reducing overall returns. Most young investors would do well to have at least 20% allocated to fixed inco...
by White Coat Investor
Sun Jun 03, 2007 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Recommendations for other low expense quality companies
Replies: 8
Views: 4405

Re: Recommendations for other low expense quality companies

I am considering spreading my portfolio among two different companies in the event something (I don't know what) happens to my account at Vanguard. Just wondered if others felt the need to spread their portfolios between companies and what companies would you recommend? I also don't feel a need to ...
by White Coat Investor
Sun Jun 03, 2007 7:55 am
Forum: Investing - Help with Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7689

emergDoc Yes the general rule is taxable first Also add, if near death and have your taxable assets in stocks with low basis might prefer tax advantaged first to get the stepped up basis (and hedge the stock risk via collars) Why a collar instead of a put? It seems to me it wouldn't be that big of ...
by White Coat Investor
Sun Jun 03, 2007 7:54 am
Forum: Investing - Help with Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7689

Re: you guys seem to be forgetting something

Qualified retirement plans are prohibited from using margin, taxable accounts are not and returns theoretically can compete with tax deferred status over time. It's just my opinion that you are leaving money on the table if you are not using enough margin in your taxable accounts to offset expected...
by White Coat Investor
Sat Jun 02, 2007 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7689

livesoft wrote:A paper on the topic: http://www.tiaa-crefinstitute.org/resea ... 00106.html
Wow. I'm feeling pretty smart after reading that. Maybe I should have submitted my post for publication.
by White Coat Investor
Sat Jun 02, 2007 5:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Calling all Docs! Physician Chapter/Interest Group
Replies: 169
Views: 83329

so does everybody just keep posting that they will join the chapter? What actually happens once one "joins"...how do I know if I am in?...do we have chapter meetings online?...who develops an agenda?...sorry i have so many questions, i just don't know where we go from here...and what i can do to he...
by White Coat Investor
Sat Jun 02, 2007 8:56 am
Forum: Investing - Help with Personal Investments
Topic: At retirement, draw from taxable or tax defered first?
Replies: 22
Views: 7689

My understanding: In general you want to withdraw from taxable first and then tax-deferred for the following reasons: 1) The sooner you sell taxable investments (assuming you held them at least a year to avoid ST cap gains), the closer they are to your basis which allows you to pay fewer taxes. 2) S...
by White Coat Investor
Fri Jun 01, 2007 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Keeping on budget - 2nd Mortgage
Replies: 16
Views: 5306

The best way to accumulate wealth is to stop caring at all what other people think in as many situations as possible. Capt Midnight Now that's a pearl. I sometimes frequent another board where a similar question about wedding expenses was discussed. The OP wanted to get a loan to finance a $30K wed...
by White Coat Investor
Thu May 31, 2007 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping on budget - 2nd Mortgage
Replies: 16
Views: 5306

To the OP, please don't take this personally. I mean to use you for an example for those folks who aren't big believers in the concept of not buying a house until you can put 20% down. Okay, now that that is out of the way....look how hard it is, even for a diehard, to deal with a 100% mortgage. He ...
by White Coat Investor
Thu May 31, 2007 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: [poll] so, why don’t you post? calling all lurkers
Replies: 12
Views: 5731

Ha ha, don't worry about posting your ignorance out of fear that someone will take it and run with wrong advice. Any bad advice seems to be rapidly (but politely) called out in my experience. That is helpful too, as it has been pointed out to me before that some things I took as dogma turned out not...
by White Coat Investor
Wed May 30, 2007 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Caution: Some soft drinks may seriously harm your health
Replies: 43
Views: 16383

Wow! This is all so enlightening! I just read somewhere that mortars are bad for you too, what do you all think?
by White Coat Investor
Wed May 30, 2007 7:03 pm
Forum: Investing - Theory, News & General
Topic: What factors have the greatest impact on portfolio size?
Replies: 19
Views: 5982

Re: What factors have the greatest impact on portfolio size?

In my opinion, the following things have the most impact on the size of someone's investment portfolio, in order of importance: 1) How much you save and invest. 2) Your broad asset allocation between equities and fixed income. 3) How much time you allow your portfolio to grow and compound. 4) Wheth...
by White Coat Investor
Wed May 30, 2007 6:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: Calling all Docs! Physician Chapter/Interest Group
Replies: 169
Views: 83329

It is good to see so many people "jumping on the bandwagon." I didn't realize just how many docs there were on here, and I'm sure this is only a small fraction. Two issues remain...1) Who wants to be the official leader? (trust me, I have more than enough leadership opportunities in my life right no...
by White Coat Investor
Tue May 29, 2007 1:50 pm
Forum: Investing - Theory, News & General
Topic: Who is your financial Idol?
Replies: 44
Views: 17522

Benjamin Graham, John Bogle, Warren Buffett, John Montgomery, Bill Schultheis are all way up there with me, but the tops has got to go to the good doctor, Bill Bernstein.
by White Coat Investor
Mon May 28, 2007 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: States with the lowest expense ratio (no income tax states)
Replies: 46
Views: 18019

The state with the lowest expense ratio is Alaska. No state income tax and no sales tax. Plus, you get the Permanent Fund Dividend every year. Property taxes are only 1.4% in Anchorage.

The downside is you'll need a lot of active management during the long, cold, dark winters.
by White Coat Investor
Mon May 28, 2007 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Individual health plans
Replies: 16
Views: 4942

joe8d wrote:
Sorry about Your loss Tom, but that being the case I think it's a bit late for medical insurance
You just have NO faith in modern medicine, do you?
by White Coat Investor
Mon May 28, 2007 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Happy Memorial Day Bogleheads
Replies: 8
Views: 2382

I spent the weekend at Gettysburg. It is difficult to stand in that cemetery and read the words of the Gettysburg Address and not cry. I am amazed at the bravery exemplified by the men who fought on that battlefield. I cannot imagine striding out of those woods as part of Pickett's Charge, marching ...
by White Coat Investor
Sun May 27, 2007 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Diehard Military Deployment
Replies: 22
Views: 8368

mickeyd wrote:Unless I missed it, you should have an updated will or estate plan. If you don't need it now, you will eventually.

Good luck Doc and thank you for your service.
Thanks, working on that now.
by White Coat Investor
Sun May 27, 2007 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Diehard Military Deployment
Replies: 22
Views: 8368

EmergDoc, As for SDP, you can only put into the program your total earnings for the month until you hit the 10k limit. IE if your total military compensation was 5k for September, you can only put 5k into SDP for September. Then keep going until you hit the 10k mark. Something you can also do is wr...
by White Coat Investor
Sun May 27, 2007 7:36 am
Forum: Local Chapters and Bogleheads Community
Topic: Calling all Docs! Physician Chapter/Interest Group
Replies: 169
Views: 83329

Calling all Docs! Physician Chapter/Interest Group

I have received a number of PMs from physicians who are interested in forming a physician-chapter/interest group to address some of the unique issues common to the financial aspects of being a physician. Some of these include: 1) Starting financial life in a big hole ($50-250K in student loans) 2) M...
by White Coat Investor
Sat May 26, 2007 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Welcomed!
Replies: 3
Views: 1234

Re: Advice Welcomed!

Really enjoy everyone’s posts with help. Here is my situation. 1. I’m almost 62, will start collecting SS in Sept. 2. I have a UC retirement too, but need about $300 a month for doctors, and meds. 3. $6,000 in emergency funds. 4. $90000 in 403(b). Mostly good balanced equity. 5. Small grant job tha...
by White Coat Investor
Sat May 26, 2007 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Diehard Military Deployment
Replies: 22
Views: 8368

Re: Diehard Military Deployment

Trivial point (which you probably thought of) max out your US government provided Life Insurance. http://www.insurance.va.gov/sgliSite/SGLI/SGLI.htm is a weblink I found for it. You may find your civilian life insurance has war/ terrorism exclusion clauses (newer policies often do, I think-- older ...
by White Coat Investor
Thu May 24, 2007 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: computer skill
Replies: 11
Views: 3546

I can't think of any good reason why anyone would upgrade from XP to Vista unless they have to get a new computer. That's what I thought. I just bought a computer this week with Vista on it and I'm pretty impressed. But it is a resource hog, so I wouldn't install it on an older computer. I'm runnin...
by White Coat Investor
Thu May 24, 2007 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Diehard Military Deployment
Replies: 22
Views: 8368

Re: Good luck on your deployment

Wait. TSP folk get to contribute 2.5x as much as people using a 401k? : I'll trade the opportunity if you want to spend 6 months in the sand. :) You can only contribute over the limit with tax-exempt money, meaning money you make while you're living in Iraq/Afghanistan. Actually, I noticed in anoth...
by White Coat Investor
Thu May 24, 2007 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
Replies: 26
Views: 7875

A few more comments: 1) I hope your wife is working, because those student loans seem to be a large percentage of your income (2X your annual income.) Just for comparison's sake, most people recommend you don't take out a mortgage for more than about 2-2.5X your annual income. You ALREADY have one o...
by White Coat Investor
Thu May 24, 2007 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Marriage, Retirement, Debts, and Emergency Fund, Oh MY!
Replies: 26
Views: 7875

What I'd do: 1) Save up the emergency fund IN your Roth IRA. Remember that contributions can be withdrawn at any time without penalty. Keep it fairly low risk (maybe Wellesley, TBM, Prime MM etc) Now you have 8% of your income going there. When you hit 3 month's salary....stop for now. 2) Contribute...
by White Coat Investor
Thu May 24, 2007 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Diehard Military Deployment
Replies: 22
Views: 8368

Diehard Military Deployment

As many of you know, I'm a military doc slated for a deployment in the next few months. I expect to be deployed to the Middle East for 4-6 months starting sometime in September. I'm trying to make sure I take full advantage of the military financial benefits available to deployed personnel. Specific...
by White Coat Investor
Thu May 24, 2007 11:36 am
Forum: Investing - Theory, News & General
Topic: VG Money Market: Any risk to principal?
Replies: 22
Views: 6447

The risk is present, but so low as to not be worth worrying about. Is there a risk that you'll be killed by an alligator while walking down the street? Sure, but how much time do you spend worrying about it?
by White Coat Investor
Thu May 24, 2007 11:34 am
Forum: Personal Finance (Not Investing)
Topic: College Prank Stories
Replies: 23
Views: 7667

The pennies, the water in the trash can, rappelling out the dorm room window, filling the showers full of water and making a pool etc all sound pretty familiar, but I've gotta confess, all my best "pranks" were in high school. One of my favorites is the floating egg (don't do this at home....it's VE...
by White Coat Investor
Thu May 24, 2007 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Help me work my way out of the educational debt sinkhole!
Replies: 1
Views: 1115

The bad news is that you didn't consolidate them all in 2003 when rates were so low. I have friends with over $100K in student loans consolidated at 1.9%. They're planning to pay that back as slowly as possible. One other tip for when you consolidate (which is probably what you're going to want to d...
by White Coat Investor
Wed May 23, 2007 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: From 14 fund S&D to 4 funds
Replies: 25
Views: 6849

It sounds to me like you only want 5% in precious metals, high-yield bonds, and convertibles. I can't think of a reason not to sell to that level now since the account is tax-deferred. Depending on how those asset classes do, they may NEVER become only 5% of the portfolio.
by White Coat Investor
Wed May 23, 2007 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for my little sister
Replies: 50
Views: 18018

But, just as I respect the expertise of the forum members in the area of investing, I hope that the forum members equally respect my "expertise" in my relationship to my family. :) Boy, active thread. 4 new replies while I was editing mine above. I just wanted to make sure you looked up and saw the...
by White Coat Investor
Wed May 23, 2007 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for my little sister
Replies: 50
Views: 18018

Boy, tough crowd. I can see that any proposal other than Target Retirement is going to get no love from this audience. I feel like everyone is just trying to protect my sister from herself, or worse, from me. I have nearly been accused of forcing her to do something without her consent and without ...
by White Coat Investor
Wed May 23, 2007 12:59 pm
Forum: Investing - Theory, News & General
Topic: Why small cap value index instead of small cap index?
Replies: 11
Views: 3411

Re: YDNAL

nick22 wrote:It depends on his specialty. What deos he do?

I am going to live "up the roof" and I guess your son could live "down the floor." If he can babysit, he will get extra weight, as I think our combined household will have 5 kids.
3 kids! I'm going to need a bigger roof!