Search found 13125 matches

by White Coat Investor
Tue Mar 13, 2018 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Selling business (website) considerations
Replies: 27
Views: 2225

Re: Selling business (website) considerations

I don't think you get capital gains rates.
by White Coat Investor
Tue Mar 13, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: Jettison the financial advisors
Replies: 38
Views: 3968

Re: Jettison the financial advisors

My first post! I am finally extricating myself from the fees of financial management. I know it's the right thing to do. The portfolio in question is at Schwab and I inherited it from my mom when she died in 2015. The FA is the firm she and my dad used forever, in the town where I grew up. My mom t...
by White Coat Investor
Mon Mar 12, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE SOLD OUT
Replies: 109
Views: 18485

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Several posts have touched on the huge amount of work and stress involved planning and managing these events. Is this not what event planning firms are for? I am not familiar with how much they charge, but if their fees were rolled into the price per attendee, I am guessing many would still find it...
by White Coat Investor
Mon Mar 12, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE SOLD OUT
Replies: 109
Views: 18485

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Our chapter has been considering the viability of a west coast regional conference for a couple of years now. This will be a topic at our next leadership meeting. There are a number of chapters in the West that appear to be growing in size and could provide a base for a large gathering. I’d be inte...
by White Coat Investor
Mon Mar 12, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Incorrect medical report
Replies: 31
Views: 2055

Re: Incorrect medical report

If it matters, then discuss it at the next visit and the doc can do an addendum if she agrees with you. If it doesn't matter, then drop it. Most medical reports are inaccurate in these days of dictation. As long as it can be determined from the rest of the report what happened if it ever became a le...
by White Coat Investor
Sun Mar 11, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE SOLD OUT
Replies: 109
Views: 18485

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

It is unrealistic to expect the same "big names" would come, but it might be fun anyway. It would be a lovely idea--but I am not volunteering to organize. Just sayin' :D Nothing keeping anyone from organizing their own conference. You might even get some "big names" to come. Having done it, however...
by White Coat Investor
Sun Mar 11, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Road trip to National Parks in Pacific/Mountain States.
Replies: 15
Views: 2074

Re: Road trip to National Parks in Pacific/Mountain States.

..., and you can't even get to the North Rim of the Grand Canyon in the Winter. Well, perhaps not with a car, but if you have a backcountry permit, then apparently you can hike rim to rim. True. You could also get there on skis, snowshoes, or a snowmobile. But probably best to just come from the So...
by White Coat Investor
Sun Mar 11, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: I want to retire
Replies: 28
Views: 4766

Re: I want to retire

At this point - without any additional information - I don't see how you can retire today and spend $85k (without running a huge risk of running out of money long before your retirement is over). You can certainly retire if you wish, but I think you will need to scale back your spending target dram...
by White Coat Investor
Sun Mar 11, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative to bond funds?
Replies: 32
Views: 3683

Re: Alternative to bond funds?

My wife and I currently have about 20% of our holdings in VBIRX (Vanguard Short-Term Bond Index Fund Admiral Shares.) This fund has a negative yield YTD, and this is also the case with many other bond funds. Any recommendations for suitable alternatives? Thanks! I'd recommend learning more about bo...
by White Coat Investor
Wed Mar 07, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE SOLD OUT
Replies: 109
Views: 18485

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

It is unrealistic to expect the same "big names" would come, but it might be fun anyway. It would be a lovely idea--but I am not volunteering to organize. Just sayin' :D Nothing keeping anyone from organizing their own conference. You might even get some "big names" to come. Having done it, however...
by White Coat Investor
Wed Mar 07, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE SOLD OUT
Replies: 109
Views: 18485

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

+1 Please add me to the waiting list. Also, for future reference, is there anyway I can track this so I don't miss this next year? I don't check the forums every single day. If the trend continues, next year the conference should be sold out in one hour or less. Then people will start developing bo...
by White Coat Investor
Wed Mar 07, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 10458

Re: Ok fellow bogelheads, was the correction scary or nothing?

Hey guys, I know the mantra time in the market not timing, and don't react to the market fluctuations. I am not concerned about any of that. I just an interested in how the market correction felt to fellow boggelheads here. I'm pretty young (32) and I while I have been investing for a while I got s...
by White Coat Investor
Wed Mar 07, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Educational Opportunities
Replies: 11
Views: 966

Re: Boglehead Educational Opportunities

I made and sell an online course that incorporates many tenets of Bogleheadism. Boglehead Rick Van Ness has made a course as well and offers some free videos on his site. The problem with this is that it not only requires A LOT of time and effort to develop and market, but it also has ongoing admini...
by White Coat Investor
Wed Mar 07, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: I want to retire
Replies: 28
Views: 4766

Re: I want to retire

Thank you all so much for the advice.I would like to apologize first for being a moron.I did not realize posts had to be approved so I made another one before I realized it.Please ignore it if it shows up. the 539+ 450 is in a sep ira if we both take ss at 62 it would 18,000 a yer for each I forgot...
by White Coat Investor
Wed Mar 07, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: I want to retire
Replies: 28
Views: 4766

Re: I want to retire

At this point - without any additional information - I don't see how you can retire today and spend $85k (without running a huge risk of running out of money long before your retirement is over). You can certainly retire if you wish, but I think you will need to scale back your spending target dram...
by White Coat Investor
Wed Mar 07, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Moving back to the USA "Emergency Fund" Conundrum
Replies: 6
Views: 819

Re: Moving back to the USA "Emergency Fund" Conundrum

I'm not a big fan of American Funds, so I certainly wouldn't put new money there and if the basis were low on these, I'd exchange for some lower cost funds. But it sounds like you're mostly asking about asset allocation. Only you can decide that based on your risk tolerance. How likely is a move bac...
by White Coat Investor
Wed Mar 07, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 17769

Re: Is Cash Trash? The Purpose of Cash

People often ask what purpose cash has in a portfolio. Cash serves two purposes; it’s either waiting to be invested or it’s waiting to be spent. Rick Ferri What if the cash option was currently paying 2.875%? Seems like a good bond alternative at that point. That's the current yield on the TSP G fu...
by White Coat Investor
Mon Mar 05, 2018 2:34 am
Forum: Personal Consumer Issues
Topic: Road trip to National Parks in Pacific/Mountain States.
Replies: 15
Views: 2074

Re: Road trip to National Parks in Pacific/Mountain States.

I would do several shorter trips concentrated on clustered parks rather than doing one massive trip. 1. Redwood, Crater Lake, Oregon Coast, Olympic, Rainier 2. Grand Canyon, Zion, Bryce (can be done in the colder months) 3. Tetons, Yellowstone 4. I would also fly into Calgary and see Banff/Jasper/Y...
by White Coat Investor
Mon Mar 05, 2018 2:33 am
Forum: Personal Consumer Issues
Topic: Road trip to National Parks in Pacific/Mountain States.
Replies: 15
Views: 2074

Re: Road trip to National Parks in Pacific/Mountain States.

I don't think of the Southern Utah/Northern AZ national parks as "cold weather months" places to visit. It snows in Zion, Bryce is at 9,000 feet, and you can't even get to the North Rim of the Grand Canyon in the Winter.
by White Coat Investor
Mon Mar 05, 2018 2:09 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 193
Views: 28990

Re: How to Minimize Your Emergency Care Expenses

Interesting and detailed post. A 1-2 paragraph executive summary might be useful to stick on the refrigerator. A couple of questions: 1. Why is a Morphine shot in the ER so much more? Why should it be? 2. Why are the ER visits in the U.S. so much more than in most other first-world countries? 3. Ho...
by White Coat Investor
Mon Mar 05, 2018 2:05 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 193
Views: 28990

Re: How to Minimize Your Emergency Care Expenses

Interesting and detailed post. A 1-2 paragraph executive summary might be useful to stick on the refrigerator. A couple of questions: 1. Why is a Morphine shot in the ER so much more? Why should it be? 2. Why are the ER visits in the U.S. so much more than in most other first-world countries? 3. Ho...
by White Coat Investor
Mon Mar 05, 2018 2:01 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 193
Views: 28990

Re: How to Minimize Your Emergency Care Expenses

My hospital would not discharge me after a colonoscopy unless there is someone to pick me up. They would not agree for me taking a taxi. Is there a way for me to assert that it's a hospital, not a prison? Victoria "Goodbye, I'm leaving now. If you want to keep my paperwork, knock yourself out, but ...
by White Coat Investor
Mon Mar 05, 2018 1:56 am
Forum: Personal Finance (Not Investing)
Topic: New best HSA for investing blog post by WCI
Replies: 5
Views: 911

Re: New best HSA for investing blog post by WCI

FBN2014 wrote:
Sun Mar 04, 2018 1:15 pm
WCI is a wealth of great information. I wonder if he plans to retire from medicine in the future and become a financial advisor.
No. But I do plan to cut back to full-time this year. That means less medicine and less time on the side gig.
by White Coat Investor
Tue Feb 27, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: 3 layers of roof. Pull my offer??
Replies: 63
Views: 5878

Re: 3 layers of roof. Pull my offer??

An inspection is just the opportunity to reopen negotiations. So renegotiate. If you're happy, then buy it. If you feel like you'd rather have the one down the street, do that.
by White Coat Investor
Fri Feb 23, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay partners for working your call
Replies: 59
Views: 3840

Re: How to pay partners for working your call

Sometimes the offers are friendly, but often they are not. These groups own the vast majority of the EM market and soon radiology, anesthesia, hospitalists, intensivists. I can imagine. Are these guys run by VC's? Please tell me it's not docs at the top of these firms turning our work into a commod...
by White Coat Investor
Fri Feb 23, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: How to pay partners for working your call
Replies: 59
Views: 3840

Re: How to pay partners for working your call

gasdoc I'm curious how the national company comes in? Do they come to your group and make a friendly offer? Or go to the hospital for the contract, and then come to you? Sometimes the offers are friendly, but often they are not. These groups own the vast majority of the EM market and soon radiology...
by White Coat Investor
Thu Feb 22, 2018 10:55 pm
Forum: Personal Consumer Issues
Topic: $20,000 question - Galapagos or Serengeti safari ?
Replies: 29
Views: 3580

Re: $20,000 question - Galapagos or Serengeti safari ?

Climbing Mt Kilimanjaro while you in the area is also a worthwhile add on if your family is so inclined. It's pretty much the easiest mountain at that elevation in the world. Having climbed Kilimanjaro and summited it myself in 2014, I do not agree with this. While Kilimanjaro is not a technical cl...
by White Coat Investor
Thu Feb 22, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay partners for working your call
Replies: 59
Views: 3840

Re: How to pay partners for working your call

A good reason for docs to own their jobs. This all seems nutso compared to what we do- a simple market based system assigning a value to each of the 5 shifts- you pick the mix you work. If the shifts aren't covered, the values are adjusted until they are. If there are too many available shifts, we h...
by White Coat Investor
Wed Feb 21, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7361

Re: Paying off $372000 mortgage in 12 months

What exactly is real estate syndication? It's when you own a large property with a bunch of other owners. I bought a 200+ door apartment building last night for instance. But I only own something like 1/60th of it. Cool. Thanks for the answer. Is this commonly done with friends/work partners or som...
by White Coat Investor
Wed Feb 21, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7361

Re: Paying off $372000 mortgage in 12 months

What exactly is real estate syndication? It's when you own a large property with a bunch of other owners. I bought a 200+ door apartment building last night for instance. But I only own something like 1/60th of it. Cool. Thanks for the answer. Is this commonly done with friends/work partners or som...
by White Coat Investor
Wed Feb 21, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7361

Re: Paying off $372000 mortgage in 12 months

Nope, over $150k income/AGI there's no deductions allowed. Say what? My AGI is over that and I just had about $35k in deductions including $11k mortgage interest. Are you talking about rental property mortgages specifically or something? Not sure about those. You all seem confused to me. Interest i...
by White Coat Investor
Wed Feb 21, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Basic Question PCRA Sweep Account
Replies: 3
Views: 147

Re: Basic Question PCRA Sweep Account

Yes, go for the higher yield- probably the taxable MMF.
by White Coat Investor
Wed Feb 21, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7361

Re: Paying off $372000 mortgage in 12 months

If you can find $30k/month then I don't really see the urgency in paying it off. You have enough income that you could pay it off quickly whenever you want, and knowing you could pay it off is psychologically not that far from actually paying it off. What's the rate on the mortgage? Is it fixed rat...
by White Coat Investor
Tue Feb 20, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off $372000 mortgage in 12 months
Replies: 46
Views: 7361

Re: Paying off $372000 mortgage in 12 months

Hello, I've recently gotten the debt free bug and trying to reform my profligate ways. I have $372,000 left on my mortgage. I've set a goal of paying it off in 12 months. I have around $90k in cash after paying off my car. Assuming I put $50k into that to start, that would be about $30k per month t...
by White Coat Investor
Mon Feb 19, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Will REIT funds ever see another drawdown like 2008?
Replies: 51
Views: 4665

Re: Will REIT funds ever see another drawdown like 2008?

FWIW, my return in REITs from 2007 to present is an annualized 7.64%. Staying the course works, even when the timing of your initial entry is terrible. FWIW, the return of VTSAX (Vanguard Total Stock Market Index fund) for the past 10 years is 9.83% annualized. My point wasn't that it outperformed ...
by White Coat Investor
Mon Feb 19, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Will REIT funds ever see another drawdown like 2008?
Replies: 51
Views: 4665

Re: Will REIT funds ever see another drawdown like 2008?

Okay, so we know there were some serious issues with the real estate market in 2008. VGSIX, Vanguard REIT Index Investor, was down 68.3% in 2008! That means, if you purchased at the top, your savings went down to 31.7% of their initial value! To recoup your loss, you needed to make a return of 215%...
by White Coat Investor
Mon Feb 19, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 58
Views: 6226

Re: What do Bogleheads think of Passive income through Dividend Stocks

What do Bogleheads think of Passive income through Dividend Stocks? I have looked at some YouTube videos on people investing in dividend stocks and they generate ~$500- $1000+ in dividend stocks. I would like to know if there is a good way to invest Boglehead style in dividend stocks and generate p...
by White Coat Investor
Fri Feb 16, 2018 8:29 pm
Forum: Investing - Theory, News & General
Topic: What is the evidence against slice and dice?
Replies: 59
Views: 4849

Re: What is the evidence against slice and dice?

Will you be able to stick with a strategy, whether it be TSM....that underperforms the market for a decade or more? What does that look like exactly? I'm having a hard time seeing TSM significantly underperform the market for a decade. In my 15 years of investing in it, it seems to have pretty much...
by White Coat Investor
Fri Feb 16, 2018 12:58 am
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 105
Views: 9828

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

....but there is a lot of preachy advice given on this site that isn't asked for. OP: Can anyone enlighten me on x? Reply: You have a problem with Y and should do Z. Yes, some threads get off-topic, but there are others like me who interject something new into the conversation when the OP didn't ev...
by White Coat Investor
Wed Feb 14, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 152
Views: 10763

Re: philosophicaleconomics predicts 4% real equity returns

Future U.S. Equity Returns: A Best-Case Upper Limit Posted on January 15, 2018 by philosophicalecon@gmail.com http://www.philosophicaleconomics.com/2018/01/future-u-s-equity-returns-a-best-case-upper-limit/ I find this article highly fascinating. It confirms a hunch I've had all along that inflated...
by White Coat Investor
Tue Feb 13, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Should I claim chapter 7 bankruptcy? debt 110k
Replies: 64
Views: 6837

Re: Should I claim chapter 7 bankruptcy? debt 110k

Wow.

I think I'd start with getting a job. Certainly no rush to declare bankruptcy. What are they going to take? I think I'd avoid it unless I were forced into it. You'll be justifiably proud to have paid off this debt and gotten back on your feet.
by White Coat Investor
Tue Feb 13, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9756

Re: Job is starting to suck the life out of me.

Start looking around. Maybe the grass is greener elsewhere, maybe it isn't. And boost your savings rate.
by White Coat Investor
Tue Feb 13, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 10963

Re: Our 'cure' for emergency expenses

About six years ago, my wife and I read Mary Hunt's book "Debt-Proof Your Marriage," which was a good read. What was the most valuable piece of information we got from her was the idea of a 'freedom fund', an account used to save and pay for irregular expenses. Why we hadn't thought of this before,...
by White Coat Investor
Tue Feb 13, 2018 12:31 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 105
Views: 9828

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I have a personal rule of not giving advice to anyone with more money than me, so that pretty much cuts me out of most discussions. I'd drop that rule. It's good to be humble but there are a lot of people you could help. Wealth is often more a function of age than wisdom. Twice as much wealth does ...
by White Coat Investor
Tue Feb 13, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1522

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

what about refinancing and taking the equity out? I don't see why you wouldn't count that. Although you'd have a mortgage payment so your monthly income needs would go up. I never understood why people want to have a paid off house when they die, unless they plan to give it to their kids. Why not l...
by White Coat Investor
Tue Feb 13, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1522

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

I assume you dont include the value of your primary residence in your portfolio but what if you have a $1mm home and could easily downsize to a $500k home in the future if needed? Can you include the $500k difference in calculating SWR? How about vacation houses that could be sold or rented later i...
by White Coat Investor
Tue Feb 13, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: G Fund in Wife's TSP
Replies: 4
Views: 601

Re: G Fund in Wife's TSP

Are your withdrawal plans compatible with the TSP withdrawal options? If so, keep it. If not, roll it over.
by White Coat Investor
Mon Feb 12, 2018 12:54 am
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 138
Views: 7801

Re: how did you determine your risk tolerance?

in case there was any doubt, my comment about HELOC and credit cards was a joke. there are many comments about the ability to stay the course in a recession. i'm pretty confident in myself that i can do it, but of course we won't know for sure until the next crash. nonetheless, you all cannot be se...
by White Coat Investor
Mon Feb 12, 2018 12:51 am
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 138
Views: 7801

Re: how did you determine your risk tolerance?

the past couple months i've spent a lot more time browsing BHs and reading threads, etc., because i realized that holy crap, the market went up 20% in 2017!! i better re-evalulate my risk tolerance. at the end of 2017, i was at a 75/25 asset allocation (i'm 33). at the time i thought maybe this was...