Search found 13187 matches

by White Coat Investor
Thu Apr 05, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 248
Views: 43232

Re: How to Minimize Your Emergency Care Expenses

I am extremely lucky to have two health care plans, the VA and from work in retirement for life. I skipped over your post realizing once again, how lucky I do not have to use the complicated information you provide and take two or three hours of my time trying to understand it: Plus 1. I live in Ra...
by White Coat Investor
Wed Apr 04, 2018 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: How do Bogleheads Take Advantage of Dips When Fully Invested?
Replies: 55
Views: 7537

Re: How do Bogleheads Take Advantage of Dips When Fully Invested?

Hello all, I am a Boglehead and have been for the past 6 years which has worked out great for me. I know the general answer to my question is, check AA at fixed intervals, if it is unbalanced, rebalance it. BUT It can be frustrating when the market has a huge pullback yet you do not get to take adv...
by White Coat Investor
Wed Apr 04, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: Has anyone changed their AA/IPS/investing strategy recently?
Replies: 25
Views: 2358

Re: Has anyone changed their AA/IPS/investing strategy recently?

With the "2nd longest and 2nd largest" bull market ever, and some indicators pointing toward an overvalued market, and some pundits predicting doom and gloom.. I would be highly surprised if we don't see a bear market or crash this year or by 2019 at the latest. Is there any value in buying more bo...
by White Coat Investor
Wed Apr 04, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 42
Views: 3185

Re: compression sack for sleeping bag, help with calculations please

You guys that hike in these terrible rainy conditions where its impossible to dry out a sleeping bag must be masochists. Surely these can't be regular trips right? Could I survive a week on the Olympic peninsula in December with a down bag? Probably but I'd still be wishing I wasn't there even with...
by White Coat Investor
Wed Apr 04, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11355

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

Rental income isn't earned income so can't be used for retirement account contributions. Hope that doesn't cause them a problem! They are contributing rent to the 401(k). The 401(k) owns the property and gets the rent directly. I seem to remember that 401(k)s avoid the UBIT/UBTI issues that plague ...
by White Coat Investor
Wed Apr 04, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 10327

Re: How Do You Value Your Home for Net Worth Purposes?

You have to begin by asking why you want to know your net worth and what you will use the number for. I've never been able to figure out any actual use for it other than to make me feel good and/or have an answer if someone asks me my net worth. Which I don't think has ever happened, in fact. The u...
by White Coat Investor
Wed Apr 04, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 42
Views: 3185

Re: compression sack for sleeping bag, help with calculations please

I'm allergic to feathers, which is sufficient reason to use a synthetic bag. But I've also hiked in climates where no precautions will keep your gear dry, and there is no way to dry it once wet. If gear doesn't work when wet it doesn't work. Fair enough. I disagree that gear cannot be kept dry hiki...
by White Coat Investor
Wed Apr 04, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: My wife being added to my single-member LLC
Replies: 16
Views: 1969

Re: My wife being added to my single-member LLC

I did this and wrote a big post about it once. It is a very good idea for you as you'll get an extra 401(k) ($53K) without even having to pay any extra in SS tax like I did. This all assumes there is enough income in this LLC to be able to max out an individual 401(k) for each of you. Remember, if ...
by White Coat Investor
Wed Apr 04, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11355

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

http://time.com/money/5209776/this-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-do-it/ In case you missed the article, this young couple have their FIRE plan going big time and Lily credits the Boglehead forum for giving her the smarts and expertise to develo...
by White Coat Investor
Fri Mar 30, 2018 12:29 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 10327

Re: How Do You Value Your Home for Net Worth Purposes?

You have to begin by asking why you want to know your net worth and what you will use the number for. I've never been able to figure out any actual use for it other than to make me feel good and/or have an answer if someone asks me my net worth. Which I don't think has ever happened, in fact. The u...
by White Coat Investor
Fri Mar 30, 2018 12:25 am
Forum: Investing - Help with Personal Investments
Topic: Schwab PCRA in 401k plan
Replies: 9
Views: 600

Re: Schwab PCRA in 401k plan

My employer has Schwab PCRA in addition to other funds abailable. Is this something you would invest in? Looks like you dont have the same previleges with this tha you have with other funds? Anybody with experience in it? Thanks I have a PCRA option. I just buy Vanguard ETFs. The main reason I use ...
by White Coat Investor
Thu Mar 29, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy? Military Doc. What would you do?
Replies: 46
Views: 3499

Re: Rent or Buy? Military Doc. What would you do?

In retrospect, I should not have purchased a home while I was in the military. Moving every 2-5 years is not conducive to making money owning a home. Sometimes you get lucky, but on average you don't get enough appreciation to overcome your transaction and ownership costs. To follow up on your post...
by White Coat Investor
Thu Mar 29, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: New York Balance Billing for Out of Network Providers
Replies: 19
Views: 1820

Re: New York Balance Billing for Out of Network Providers

For all I know, the referring doctors (who sometimes send samples to external labs) could be getting a kickback from said lab for driving up business for them. The doctor potentially has very little interest in making sure the patient's costs are controlled or performed by in-network providers. Whi...
by White Coat Investor
Thu Mar 29, 2018 5:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

I do spend time with the youth of today. And I'm not talking about slackers or any of that nonsense. I'm talking about high-school educated teenagers from moderate to poor backgrounds who have to take out a large amount of student loan debt just to get a bachelor's degree in STEM because it's not p...
by White Coat Investor
Thu Mar 29, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 14402

Re: Healthy eaters -- is this grocery budget normal to you?

I was pissed and shocked when I noticed this, as I'd been buying fresh for years assuming the price would be the same. Why? You don't think they added value? Then don't pay for that extra service. 90% of business is "added value" like that. That butcher or watermelon slicer doesn't work for free. I...
by White Coat Investor
Thu Mar 29, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 14402

Re: Healthy eaters -- is this grocery budget normal to you?

livesoft wrote:
Thu Mar 29, 2018 12:57 pm
Salmon is not a healthy food. Sorry.
What's wrong with salmon? Kodiak bears seem to do well on it.

https://www.flickr.com/photos/echeng/1165994350
by White Coat Investor
Thu Mar 29, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 14402

Re: Healthy eaters -- is this grocery budget normal to you?

I was pissed and shocked when I noticed this, as I'd been buying fresh for years assuming the price would be the same. Why? You don't think they added value? Then don't pay for that extra service. 90% of business is "added value" like that. That butcher or watermelon slicer doesn't work for free. I...
by White Coat Investor
Thu Mar 29, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 14402

Re: Healthy eaters -- is this grocery budget normal to you?

Hi, My wife and I spend ~$1,200 or so each month for groceries, and there's only two of us. It's the only large item on our budget except for rent. Our predicament is we desire to eat extremely healthy (organic, non-GMO, top of the line sourced food) but see nowhere to cut our bill. We shop exclusi...
by White Coat Investor
Thu Mar 29, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 4231

Re: Cosign college loan for sibling?

maroon wrote:
Wed Mar 28, 2018 11:02 pm
This is an easy one! OP needs to step up and take over the loan payments for his own college expenses. Right now.
Another great way to help out in this situation. I'd do that too.
by White Coat Investor
Thu Mar 29, 2018 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 4231

Re: Cosign college loan for sibling?

He can get his own loan. Maybe it’ll be at a higher rate. I think as his brother you could offer a nice gift. Maybe a few k to ease the burden but co-signing for 50k, no way. That's the route I'd take. That allows you to save face (I didn't just loan him money, I GAVE him money) but it also caps yo...
by White Coat Investor
Thu Mar 29, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: New York Balance Billing for Out of Network Providers
Replies: 19
Views: 1820

Re: New York Balance Billing for Out of Network Providers

For all I know, the referring doctors (who sometimes send samples to external labs) could be getting a kickback from said lab for driving up business for them. The doctor potentially has very little interest in making sure the patient's costs are controlled or performed by in-network providers. Whi...
by White Coat Investor
Thu Mar 29, 2018 2:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

I think BHers can probably be summed up as those who would exhibit self-control as children in the marshmallow experiment. I just read about this experiment in this baby/parenting book I'm reading. The author suggests the best way to increase the likelihood of your kid getting into the college of t...
by White Coat Investor
Thu Mar 29, 2018 2:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

wrongfunds wrote:
Thu Mar 29, 2018 1:05 pm
We all think that the people who have at least twice as much as us are "rich".
I have been amazed how stable that definition has been for me over the years. 2X what I currently have really is what I think of as rich.

Defining "enough" is amazingly empowering.
by White Coat Investor
Thu Mar 29, 2018 2:41 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

Are you saying that people making $350K+ don't have financial issues? That they shouldn't ask investing questions? That they shouldn't be able to discuss their finances on an internet forum? I don't think many (if any) people are saying that. I think they're saying that those people shouldn't assum...
by White Coat Investor
Thu Mar 29, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy? Military Doc. What would you do?
Replies: 46
Views: 3499

Re: Rent or Buy? Military Doc. What would you do?

In retrospect, I should not have purchased a home while I was in the military. Moving every 2-5 years is not conducive to making money owning a home. Sometimes you get lucky, but on average you don't get enough appreciation to overcome your transaction and ownership costs. To follow up on your post...
by White Coat Investor
Thu Mar 29, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy? Military Doc. What would you do?
Replies: 46
Views: 3499

Re: Rent or Buy? Military Doc. What would you do?

In retrospect, I should not have purchased a home while I was in the military. Moving every 2-5 years is not conducive to making money owning a home. Sometimes you get lucky, but on average you don't get enough appreciation to overcome your transaction and ownership costs.
by White Coat Investor
Thu Mar 29, 2018 12:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

Are you saying that people making $350K+ don't have financial issues? That they shouldn't ask investing questions? That they shouldn't be able to discuss their finances on an internet forum? I don't think many (if any) people are saying that. I think they're saying that those people shouldn't assum...
by White Coat Investor
Thu Mar 29, 2018 12:01 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

A lot of Bogleheads posts are people making 350k+/yr income. It's pretty much every other posts. I should've been in medicine/big law/tech lol... :oops: The disconnect is real. Good example of money-shaming. Are you saying that people making $350K+ don't have financial issues? That they shouldn't a...
by White Coat Investor
Thu Mar 29, 2018 10:58 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

A lot of Bogleheads posts are people making 350k+/yr income. It's pretty much every other posts. I should've been in medicine/big law/tech lol... :oops: The disconnect is real. Good example of money-shaming. Are you saying that people making $350K+ don't have financial issues? That they shouldn't a...
by White Coat Investor
Wed Mar 28, 2018 10:32 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 20162

Re: A lot of heavy hitters this morning

Love this board but can't help to feel disconnected this morning when the first 3 posts are something like: 1) I will be making $350K, should I save for my kid's 529? 2) Should I buy a $1.2 million condo? My inlaws just gave me $235K. 3) I got a $600K windfall...should I pay off mortgage? Feeling a...
by White Coat Investor
Mon Mar 26, 2018 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should we take income from our tax-deferred acct first?
Replies: 7
Views: 895

Re: Should we take income from our tax-deferred acct first?

Those advisors are wrong. The only reason to go after tax-deferred money now is to do Roth conversions.
by White Coat Investor
Mon Mar 26, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 12960

Re: Seasoned bogleheads repressing the thought of lower expected returns

Are seasoned bogleheads on this forum repressing the prospect of hardly positive real returns for the next decade, because its painful to acknowledge? I don't know and I don't care. If I get "hardly positive real returns for the next decade" I have a plan to deal with hit. But I haven't made portfo...
by White Coat Investor
Mon Mar 26, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: Seven-Year Investor Old Beats Harvard’s Endowment Fund
Replies: 21
Views: 2938

Re: Seven-Year Investor Old Beats Harvard’s Endowment Fund

I think it's totally silly demonstrates nothing. A seven-year-old hasn't been alive long enough to significantly "beat" any specific market strategy. They're describing some extremely short-term results. Irrelevant and a waste of time. If ten years is "extremely short-term" what do you consider jus...
by White Coat Investor
Sat Mar 24, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones...Why is Vanguard and Fidelity Always the Recommendation?
Replies: 48
Views: 6987

Re: Leaving Edward Jones...Why is Vanguard and Fidelity Always the Recommendation?

New poster here. Be nice! Sixty year old with a pretty good handle on investing (I think.) I was a DIYer until the crash then decided to put most of my money into American Funds at Edward Jones. I maintained an account with TD Ameritrade as well. With 10 more years of experience and education behin...
by White Coat Investor
Fri Mar 23, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: "I won the Lottery" update -
Replies: 33
Views: 8463

Re: "I won the Lottery" update -

A Boglehead lottery winner. This is awesome.
by White Coat Investor
Thu Mar 22, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 17433

Re: Bought house six months ago - now feeling like we're treading water and can't save money

We bought our first house last year. And we had a baby last year. Before that, I felt like I was rolling in the dough. Now I fee like we're struggling to stay even. We track all our expenses, and here's where things stand since the house purchase (averages used when applicable): Gross Income: $5,29...
by White Coat Investor
Thu Mar 22, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 2470

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

Hello Bogleheads, I've noticed there are a fair share of military families on this forum so hopefully someone here has some good input. My family is a big military family and we have a lot of loyalty for USAA. Most of my life, I trusted them with everything, because it's just what my family does. W...
by White Coat Investor
Wed Mar 21, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluate My Retirement
Replies: 4
Views: 1232

Re: Evaluate My Retirement

My wife and I have been discussing next steps as part of our financial plan which includes both looking at second careers outside of our current setup. I’m in finance, she is in sales. We are working on a 10-12 year plan where we can work more manageable jobs. Her age: 33 His age: 33 Desired Retire...
by White Coat Investor
Wed Mar 21, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Entrepreneurs - Self Made Success Stories & Book Recommendations
Replies: 8
Views: 802

Re: Entrepreneurs - Self Made Success Stories & Book Recommendations

Lots of Bogleheads know my story. Book recommendations? I read a couple about how to self-publish a book. That was about it. But I read A LOT of blog articles and watched a lot of Youtube videos on how to do technical stuff. Learned to sell by selling. Still not that good at it. The story? I realize...
by White Coat Investor
Wed Mar 21, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months
Replies: 35
Views: 2620

Re: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months

Deciding between these 3 payment options to buy new car: 1) Pay full amount - get $750 discount 2) 0% 36 months - no discount 3) 0.9% 60 months - no discount Assuming I can afford either option, which do you think is best? I believe the answer lies in what interest rate I can get for the money I am...
by White Coat Investor
Wed Mar 21, 2018 5:05 pm
Forum: Personal Consumer Issues
Topic: Kettlebell Swing experience?
Replies: 50
Views: 4654

Re: Kettlebell Swing experience?

I am reading "The 4-Hour Body" by Timothy Ferriss, where he recommends the kettlebell swing as a short effective exercise. It sounds too good to be true, but I am willing to give it a try. I am curious about others' experiences with Kettlebell Swing, including protection of the back. Victoria I've ...
by White Coat Investor
Wed Mar 21, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Buy individual stock to maintain my honor?
Replies: 22
Views: 2779

Re: Buy individual stock to maintain my honor?

Don't buy the stock. If they ask for the money, give them the money. If not, continue with your life, honor fully upheld.
by White Coat Investor
Wed Mar 21, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 11488

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

It doesn't matter whether we get low returns or high returns. If we get low returns, your peers will get low returns also (on the aggregate). If we get high returns, so will your peers. Either case produces roughly the same effect. Sure the nominal dollar amounts are different but money amounts nee...
by White Coat Investor
Wed Mar 21, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 11488

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

Just looked one up. First one I found. $300K. 1900 square feet. Going rate is $1-2.30 per square foot per month. Let's say $2000/month to be conservative. $24K a year. Apply the 55% rule and you get a cap rate of 4.4%. That's not some awesome investment. It's just sitting there on the listing servic...
by White Coat Investor
Wed Mar 21, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 11488

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

Maybe if one was super optimistic one could dream of 6% growth/GDP + 4% in buyback+dividend yield + 2% boost in price multiple with people giddy and markets frothy from high expectations making for 12% total return annualized. I don't think that's the prudent or likely expectation, but it could hap...
by White Coat Investor
Tue Mar 20, 2018 11:57 pm
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 11488

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

Maybe if one was super optimistic one could dream of 6% growth/GDP + 4% in buyback+dividend yield + 2% boost in price multiple with people giddy and markets frothy from high expectations making for 12% total return annualized. I don't think that's the prudent or likely expectation, but it could hap...
by White Coat Investor
Tue Mar 20, 2018 11:53 pm
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 11488

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

The obvious answer is yes (lol I know that will get quoted) but I'm just wondering, as much as BHs are "anti market time" they all seem to subscribe to the recent predictions that suggest the next 10 years might have 4% returns on average or so. What are the chances that's entirely wrong? Or, here'...
by White Coat Investor
Tue Mar 20, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 14965

Re: Large life style creep that was completely worth it

For example, before buying the fancy new boat, we had a beater boat for 5 years to make sure we were using it. Now we use this one 3 times as much because it's 10 times better (and 10 times more expensive.) Just to mess with you.... and play devil's advocate. It's 10x more expensive, but only 3x-5x...
by White Coat Investor
Mon Mar 19, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 14965

Re: Large life style creep that was completely worth it

My spouse and I are fortunate with great jobs and humble upbringings and are in great shape financially. I've reduced down on work, and we've loosened the strings a decent amount on food, purchases (look for quality over quantity), and giving but we're considering if some big tickets items would be...