Search found 13309 matches

by White Coat Investor
Sat Aug 11, 2007 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have time for a newbie starting from scratch?
Replies: 23
Views: 6535

Re: Emergdoc reply

Hello Emergdoc, Are you saying to make Well. fund the college fund? As in a 529 or just a college fund type account? Thanks for your reply. Naturally you would want to tax-shelter the college funds as much as possible. You can put up to $2K per year per kid into an Education Savings Account, so I w...
by White Coat Investor
Sat Aug 11, 2007 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: TO DCA or not
Replies: 8
Views: 2258

James...check out this recent thread. http://www.diehards.org/forum/viewtopic.php?p=57107&highlight=#57107 The way I look at it is that in effect over the years of your career you will be DCAing by investing when you get the money because you are paid regularly. That is the only DCAing worth doing i...
by White Coat Investor
Sat Aug 11, 2007 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have time for a newbie starting from scratch?
Replies: 23
Views: 6535

Re: Explanations

Four to six years is a pretty short time frame so equities is probably too risky an option. You will need to look into MM account, CDs and tax-exempt bond funds. A Paul I disagree. 4-10 years (remember that the 2nd kid doesn't enter college for 6 more years) is enough time for SOME equities. Perhap...
by White Coat Investor
Sat Aug 11, 2007 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: No income tax states - what's the catch?
Replies: 102
Views: 40616

stratton wrote:
What country did they think Alaska was in?
Upper Canuckistan?

Paul
Western Yukon Territory?
by White Coat Investor
Sat Aug 11, 2007 1:30 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Mutual fund investors cashed out
Replies: 55
Views: 19040

Same here - still 100% equity, yoohoo! I do wonder whether it's the right time to buy more - I have received $50k recently, and am wondering whether I should buy in (equity) now or wait a bit. . This tells me you've exceeded your risk tolerance. If I had more money to invest right now I'd plow it r...
by White Coat Investor
Sat Aug 11, 2007 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: is a Mac really worth it?
Replies: 79
Views: 25599

Re: is a Mac really worth it?

Hi, My current PC is slowing down quite a bit, plus I have one of the old school 17" monitors that is HUMONGOUS. Thad One thought....if your PC is slowing down, consider backing up your important files/photos etc, and re-installing your operating system and essential programs. It will give you that...
by White Coat Investor
Sat Aug 11, 2007 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: No income tax states - what's the catch?
Replies: 102
Views: 40616

Alaska used to have 7 men for every woman. This data may not be up to date but can't be to far off. Perhaps this would influence some folks one way or the other. Best, From http://www.city-data.com/states/Alaska-Population.html The state's population is much younger than that of the nation as a who...
by White Coat Investor
Sat Aug 11, 2007 12:55 pm
Forum: Investing - Theory, News & General
Topic: Dow historical chart: reassuring or unsettling?
Replies: 28
Views: 8322

No, you're not overlooking something here. Investing in equities is risky and sometimes that risk even shows up.
by White Coat Investor
Sat Aug 11, 2007 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone have time for a newbie starting from scratch?
Replies: 23
Views: 6535

Risk tolerance - not very high, but I may not have a choice because the money is a lump sum from a 6% refinance. About 58K Any tickers and percentages help. Welcome to the forum, we're glad you're here. You seem to have three needs at the moment: 1) You would like to have some money available in 4-...
by White Coat Investor
Sat Aug 11, 2007 9:06 am
Forum: Investing - Help with Personal Investments
Topic: somewhat OT: home equity loan forced on parents?
Replies: 10
Views: 2926

My bank has also automatically signed me up for a home equity loan (they hold my checking account and my mortgage.) It shows up on my list of accounts with them on the internet site. Of course, it is something like 7-8%, not 18%, so I can't really call it predatory lending. But I haven't actually tr...
by White Coat Investor
Sat Aug 11, 2007 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Real estate "bucket"?
Replies: 6
Views: 1993

I'd keep it separate too. It has a different purpose than your other funds: Emergency fund: Needs to be stable and liquid Real Estate (I call mine my house fund, and it is currently stored in my home/equity minus my mortgage): will be needed all at once at some point before retirement Retirement: Wi...
by White Coat Investor
Sat Aug 11, 2007 8:58 am
Forum: Local Chapters and Bogleheads Community
Topic: Calling all Docs! Physician Chapter/Interest Group
Replies: 169
Views: 83211

Welcome to all. We're still trying to figure out what we'll actually do as a chapter, but if nothing else, it is nice to know there are so many docs around. Feel free to add any suggestions here.
by White Coat Investor
Sat Aug 11, 2007 8:49 am
Forum: Investing - Theory, News & General
Topic: Poll: Minimal Portfolio Real Return Rate
Replies: 16
Views: 3848

Thanks everyone. Not very clearly worded perhaps, but it is an interesting mental exercise anyway. Not a lot of consensus on this one.
by White Coat Investor
Sat Aug 11, 2007 8:33 am
Forum: Investing - Theory, News & General
Topic: WSJ: Mutual fund investors cashed out
Replies: 55
Views: 19040

I'm 100% equities because if stocks crash, I don't think a "reasonable" bond allocation for a 26 year old will make me feel any different than a 100% equity portfolio. Who cares if their portfolio falls 40% vs 50% in a given year? Thus, my defense for the 100% stock portfolio. I doubt I'll move to ...
by White Coat Investor
Fri Aug 10, 2007 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: My salary went up 4X-please help me invest it
Replies: 15
Views: 4853

Welcome to the forum. I just completed my first year out of residency. It is nice to have some extra cash finally. Don't forget the disability insurance +/- life insurance if you have a need.
by White Coat Investor
Thu Aug 02, 2007 7:07 am
Forum: Investing - Help with Personal Investments
Topic: jump in or stay on sidelines?
Replies: 40
Views: 10802

United wrote: Well, if people choose to dollar cost average over a year, then on average, each dollar invested will have missed out on six months of market gains. Well, if you are a Japanese investor, then if lump-sum in late 1989.......... Japan's stock market had an extended multi-year rally that...
by White Coat Investor
Wed Aug 01, 2007 8:58 pm
Forum: Investing - Theory, News & General
Topic: Poll: Minimal Portfolio Real Return Rate
Replies: 16
Views: 3848

Re: more on value averaging

My long term calculations are for a 7% return on my portfolio and 3.5% inflation, thus a real return of 3.5%. ... Consequently any degree of real return greater than 3.5% will be greatly appreciated and have absolutely no impact on how much I save. Not the question. The question is what if you foun...
by White Coat Investor
Wed Aug 01, 2007 8:50 pm
Forum: Investing - Theory, News & General
Topic: Poll: Minimal Portfolio Real Return Rate
Replies: 16
Views: 3848

United wrote: If I expected a real return of 1,000%, then I wouldn't bother saving anything because I could just invest later.
?
That seems irrational to me. If I could expect a real return of 1000%/year, I would invest this month, then never again and retire next month.
by White Coat Investor
Wed Aug 01, 2007 6:15 pm
Forum: Investing - Theory, News & General
Topic: Poll: Minimal Portfolio Real Return Rate
Replies: 16
Views: 3848

Poll: Minimal Portfolio Real Return Rate

This question arises out of a discussion found Here: http://www.diehards.org/forum/viewtopic.php?t=4460&mrr=1185983349 At what expected minimal portfolio REAL return rate would you start saving a smaller percentage of your income? For example, if you expected a real return of 0%, would you still inv...
by White Coat Investor
Wed Aug 01, 2007 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: jump in or stay on sidelines?
Replies: 40
Views: 10802

RTR2006 wrote: RTR

PS when I learn how to capture quotes, I'll post them the right way...
Instead of hitting the post reply button, hit the little button on the upper right that says quote. Try it now, its fun!
by White Coat Investor
Wed Aug 01, 2007 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on portfolio.
Replies: 7
Views: 2290

We need to know the expense ratios for your available 401K funds. We'll also need to know the basis for your taxable funds/stocks to really give good advice, but I think most of us will recommend you get out of the individual stocks and at least some of your funds as long as the tax hit isn't too hi...
by White Coat Investor
Wed Aug 01, 2007 12:36 pm
Forum: Investing - Theory, News & General
Topic: Is There Really A Retirement Savings Crisis?
Replies: 7
Views: 2389

Re: A reverse mortgage which worked for my family

Speaking of reverse mortgages, I'll mention my personal situation, which I've mentioned before. We ended up funding one privately. Because we had consciously been living well within our means, we had the financial ability to send our in-laws a check for $X a month. That amount accumulated with inte...
by White Coat Investor
Wed Aug 01, 2007 11:55 am
Forum: Investing - Help with Personal Investments
Topic: G Fund and Deflation/Reinvestment Risk Protection
Replies: 5
Views: 1621

G Fund and Deflation/Reinvestment Risk Protection

It has been interesting watching the performance of bonds this month. This is the first time since I've been investing that there has really been a flight to quality. It has given my TIPs Fund a nice bump. However, it also pointed out to me one of the downsides of the TSP G fund. As yields on bonds ...
by White Coat Investor
Wed Aug 01, 2007 7:19 am
Forum: Investing - Help with Personal Investments
Topic: jump in or stay on sidelines?
Replies: 40
Views: 10802

EmergDoc, you only put in 19% of your assets last month, not 100%. Everybody's equities dropped by 4-5% in July. Thus, your "I did" does not quite fit the description I had in mind. That's my point. If you invest into your asset allocation plan, you shouldn't exceed your risk tolerance even if the ...
by White Coat Investor
Tue Jul 31, 2007 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: jump in or stay on sidelines?
Replies: 40
Views: 10802

ashley05, when anybody here says that they would just jump in, I have to laugh. Did they do it when they were younger and just starting out? Did they just lose 5-10% of the money they put in a month ago? Probably not. I did. I invested 19% of my entire investment portfolio on July 11th. Sucks to be...
by White Coat Investor
Tue Jul 31, 2007 11:01 pm
Forum: Investing - Theory, News & General
Topic: Long term estimated real returns
Replies: 9
Views: 3061

Just guesses here: TIPS and Intermediate Bonds (I expect them to return about the same) 2.5% real. Money markets 0.5% real TSM, LV, Developed markets 4.5-5% real SV, Micro-caps, Emerging markets 6% real There no science behind those numbers (not that science ever helps in predicting future returns a...
by White Coat Investor
Tue Jul 31, 2007 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: jump in or stay on sidelines?
Replies: 40
Views: 10802

Re: jump in or stay on sidelines?

What would you do? Jump in or sit on the sidelines? ps. I'm around 30 and am investing about $50,000 in total into equities. I'm planning on keeping around 20% in bonds and cash. I'd jump in. I'm a firm believer in investing when you have the money. It sounds like you've already invested $15K in eq...
by White Coat Investor
Tue Jul 31, 2007 10:28 pm
Forum: Investing - Theory, News & General
Topic: Back to Basics with John Bogle - Pillar 3
Replies: 18
Views: 6996

If your return is coming in the form of unrealized capital gains, is it really compounding at all? The way I see it, you can't compound a gain until it is taken off the table and reinvested first. Sounds like a screwy argument for dividend investing. The effects of paying dividends on management as...
by White Coat Investor
Tue Jul 31, 2007 9:54 pm
Forum: Investing - Theory, News & General
Topic: Back to Basics with John Bogle - Pillar 3
Replies: 18
Views: 6996

That's "it". That's my point. And I'll argue it until I die. I agree. I was only pointing out that the effect isn't as large as many believe it to be, not that the effect of compounding isn't real, nor that it isn't a very important part of investing. It certainly deserves to be a "pillar," whether...
by White Coat Investor
Tue Jul 31, 2007 7:45 pm
Forum: Investing - Theory, News & General
Topic: Back to Basics with John Bogle - Pillar 3
Replies: 18
Views: 6996

And it doesn't say REAL returns. It was an example not including inflation. Brent A still comes out with more money than Brent B. That's the point. I'd rather have $1.1 million than not, regardless of inflation. That's just my point. No one ever includes inflation. If you simply use inflation adjus...
by White Coat Investor
Tue Jul 31, 2007 10:43 am
Forum: Investing - Theory, News & General
Topic: Back to Basics with John Bogle - Pillar 3
Replies: 18
Views: 6996

Re: Investing Early

EmDoc, I agree with most everything you post, but I have to disagree on your comments about compounding. Here are two quotes and two good reasons from the post "What Not to do While Investing" that illustrate why starting early is wise. Paul Paul, Travis's comments have merit. The importance of acq...
by White Coat Investor
Tue Jul 31, 2007 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Bankrupcy
Replies: 40
Views: 12908

Nitsuj wrote: Doesn't it depend on the state as to whether or not you are responsible for debts incurred prior to marriage if you keep the accounts separate?
I actually wasn't speaking legally. I'm sure the OP COULD keep the accounts separate, but it kind of defeats the purpose of marriage IMHO.
by White Coat Investor
Tue Jul 31, 2007 7:52 am
Forum: Investing - Theory, News & General
Topic: Back to Basics with John Bogle - Pillar 3
Replies: 18
Views: 6996

One other quibble: We often discuss the fact that we all wished we had started investing at 6 years old to maximize our time to compound. But the truth of the matter is that most people have difficulty investing any significant sum until they are ~30 or so. As kids we don't make much money because w...
by White Coat Investor
Tue Jul 31, 2007 7:45 am
Forum: Investing - Theory, News & General
Topic: Out of step/ Wellesley/Star
Replies: 9
Views: 3147

Three downsides to your plan: 1) It is highly tax inefficient (for Vanguard). No big deal if you plan to live off of at least the distributions from Wellesley and Star but I would think twice before holding either REITs (because they are messy, tax-wise) or TIPS (because of taxes on phantom income) ...
by White Coat Investor
Mon Jul 30, 2007 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Life insurance questions.
Replies: 39
Views: 20786

The idea that term insurance is "renting" always struck me as a horrible analogy. Robert L. Barney President, Compulife Software Inc. term4sale dot com Great website. I found it very helpful in getting my little brother APPROPRIATE life insurance a couple of years ago. I agree with your criticism o...
by White Coat Investor
Mon Jul 30, 2007 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Life insurance questions.
Replies: 39
Views: 20786

Term is IF you die and whole life is When. Buy term and invest the rest is great if you like to gamble. cause there is that chance you come of age and your investments go south and your life policy expires so you leave nothing to your heirs but debt and liabilities. If took a term policy @ $100 a m...
by White Coat Investor
Mon Jul 30, 2007 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Bankrupcy
Replies: 40
Views: 12908

She has made every effort ot repay these bills and is never late on payments. She should still have a good credit score then I would guess. Usually the credit score doesn't tank until you miss some payments. She may be able to do the balance transfer thing for a year while the TWO OF YOU work on re...
by White Coat Investor
Mon Jul 30, 2007 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Bankrupcy
Replies: 40
Views: 12908

My fiance has accrued some considerable debt over the last 4 years as a student in a dental hygiene program.... Our marriage date is set for October this fall....I am a regulor contributor to retirement savings.... I am looking into the potential of a Chapter 7 or 13 bankrupcy. I'm surprised no one...
by White Coat Investor
Mon Jul 30, 2007 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Noob alert :) - 1st post...
Replies: 4
Views: 1577

Welcome. As long as you're not a malpractice prosecution attorney.
by White Coat Investor
Mon Jul 30, 2007 8:23 pm
Forum: Investing - Theory, News & General
Topic: The relevance of P/E, P/B, and P/cash-flow ratios
Replies: 11
Views: 2632

There are frequent debates around here about how valuations should affect your asset allocation. Most agree that valuations matter, but few of us have found a reliable way to incorporate that into our investing plan.
by White Coat Investor
Mon Jul 30, 2007 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Life insurance questions.
Replies: 39
Views: 20786

But if you tell the agent I can afford to set aside $200 after I have also my investments in place for retirement. Who the heck shops for anything this way?-- "I need $100,000 in life insurance and I have $200/month left in my budget." No way! People say, "I need $100,000 in insurance coverage, wha...
by White Coat Investor
Mon Jul 30, 2007 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Life insurance questions.
Replies: 39
Views: 20786

Seems like I just did this a week or so ago with another agent. See these links: http://www.diehards.org/forum/viewtopic.php?t=4272&highlight=insurance+emergdoc http://www.diehards.org/forum/viewtopic.php?t=3879&highlight=whole+life+term+insurance http://www.diehards.org/forum/viewtopic.php?t=3356&h...
by White Coat Investor
Sun Jul 29, 2007 11:18 pm
Forum: Investing - Theory, News & General
Topic: Different personal savings rates, which one is standard?
Replies: 26
Views: 9812

LH wrote:

thanks, I dunno if my ramblings have helped you, but they have helped me.

Cheers,

LH
Yes, good discussion. Took me a while to find my way back to your last post, sorry about that. You sure make my method seem complicated, I'll give you that.
by White Coat Investor
Sun Jul 29, 2007 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Morality and Medicaid Scheming to Hide Assets
Replies: 87
Views: 31511

Re: mom

There was no difference in the care or quality of life before or after the "gifting". There was no effect to her, . If she would be in the same nursing home whether or not she were on medicaid, then I think you are justified in this statement. But if her assets would have provided her with a stay i...
by White Coat Investor
Sun Jul 29, 2007 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Life insurance questions.
Replies: 39
Views: 20786

Unfortunately, the things that will make you good money aren't very good for your clients. What 95%+ of your clients need is either 20 year level term (if they want to become financially independent and retire early...say 45-50ish) or 30 year level term (if they want a more traditional 55-65ish reti...
by White Coat Investor
Sun Jul 29, 2007 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help Choosing One Retirement "Play Money" Fund
Replies: 6
Views: 2076

Sounds like he is investing your inheritance to me. It should probably be invested in an asset allocation appropriate for you and any others who stand to benefit from it.
by White Coat Investor
Sun Jul 29, 2007 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: A great contrarian indicator?
Replies: 21
Views: 5103

Re: TrimTabs Investment Research

nick22 wrote: .And I also assume by using their products you lose weight.
Am I the only one laughing out loud about that one? :lol: :lol: Very punny.
by White Coat Investor
Sun Jul 29, 2007 11:38 am
Forum: Investing - Help with Personal Investments
Topic: A great contrarian indicator?
Replies: 21
Views: 5103

mas wrote:
EmergDoc wrote:I see these numbers all the time in articles, but I can never seem to find where they get them from. Does anyone know?
TrimTabs
Thank you. Anyone know of a similar free resource?
by White Coat Investor
Sun Jul 29, 2007 10:42 am
Forum: Investing - Help with Personal Investments
Topic: A great contrarian indicator?
Replies: 21
Views: 5103

To be fair, not all of those withdrawals were by panickers. Taxable investors may be tax-loss harvesting too, although I'm sure that is a small quantity of these withdrawals. I see these numbers all the time in articles, but I can never seem to find where they get them from. Does anyone know?
by White Coat Investor
Sun Jul 29, 2007 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Morality and Medicaid Scheming to Hide Assets
Replies: 87
Views: 31511

This is a difficult ethical issue. However, I feel that if something is legal (i.e. medicaid planning) then not doing it is akin to giving your money to charity and not claiming the deduction on your taxes. Or not accepting your social security payments because you don't need them. Or buying your ow...