Search found 12883 matches

by White Coat Investor
Fri Apr 27, 2007 9:02 am
Forum: Investing - Theory, News & General
Topic: I'm not selling my TIPs
Replies: 24
Views: 9037

Re: EmergDoc (and others)

Petrocelli wrote: If you want to make some real money, try momentum trading.


So are the momentum traders buying or selling TIPS this month? There are so many "momentum" strategies that I'm not sure the average one outperforms the market any more than the average active mutual fund manager.
by White Coat Investor
Fri Apr 27, 2007 8:59 am
Forum: Investing - Theory, News & General
Topic: I'm not selling my TIPs
Replies: 24
Views: 9037

Re: TIPS

Hi EmergDoc: Obviously it's simply a case of "recency", since the TIPS fund didn't outperform last year as it has done for so long.l I can't even buy that one Mel. They are beating the other treasury funds year to date and they are less than 1% behind the other treasury funds in return ov...
by White Coat Investor
Fri Apr 27, 2007 7:06 am
Forum: Investing - Theory, News & General
Topic: I'm not selling my TIPs
Replies: 24
Views: 9037

I'm not selling my TIPs

I count 6 active threads right now about selling TIPs. As near as I can tell this is only because an infamous newsletter salesman had a recent column on them. Even his most faithful disciple (who admittedly is well-known here as a courageous buy and hold investor) seems to have a new impetus to lear...
by White Coat Investor
Fri Apr 27, 2007 6:44 am
Forum: Investing - Help with Personal Investments
Topic: What to do with b-school savings needed in 1.5 yrs?
Replies: 15
Views: 4707

The classic answer is Prime MM Fund. Equities probably aren't appropriate for a goal 1.5 years away. Is it really worth taking equity risk to make an expected return of 2% more than a MMF? At the same time, you may be very risk tolerant, and be willing to run that risk, even though the rewards seem ...
by White Coat Investor
Fri Apr 27, 2007 6:40 am
Forum: Investing - Theory, News & General
Topic: Investing credit card cash advance...too good to be true?
Replies: 26
Views: 10656

One needs to be careful of one more thing when milking the credit card cows. Too many people are not putting the money into a 6 month CD or Vanguard Prime or some other safe investment. Instead they are investing it in riskier assets, and rolling their 0% from one credit card to another as the free ...
by White Coat Investor
Thu Apr 26, 2007 8:34 pm
Forum: Investing - Theory, News & General
Topic: Poll: Expense Ratio
Replies: 43
Views: 17431

Much like the cave on Dagobah (name that movie for bonus points), you get out of it what you bring to it. Brain creaks alive....... wasn't that the Cave of Evil? vickie Hmmm.....I think Dagobah is the planet on which Yoda lived. Luke Skywalker went into the cave and met what he feared most, Darth V...
by White Coat Investor
Wed Apr 25, 2007 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Data Driven Investing by Bill Matson
Replies: 37
Views: 11795

Re: Data Driven Investing

Fortunately, I quickly started making more money than I could have imagined - over $1.5 million in 2003 alone. Bill Matson My question, as usual, is not how did you do it? It is "Why aren't there more of you out there?" Chance alone would dictate that a few people would have an astronomic...
by White Coat Investor
Mon Apr 23, 2007 3:10 pm
Forum: Investing - Theory, News & General
Topic: Poll: Expense Ratio
Replies: 43
Views: 17431

Although this poll does not explicitly say so, it may suggest (given standard Diehard stereotypes) that lower ERs are better and that there is a kind of competition to have the lowest ER portfolio possible. But of course that is not correct. Much like the cave on Dagobah (name that movie for bonus ...
by White Coat Investor
Sun Apr 22, 2007 9:57 pm
Forum: Investing - Theory, News & General
Topic: Poll: Expense Ratio
Replies: 43
Views: 17431

Poll: Expense Ratio

I don't think I've seen this one yet. I calculated mine for the first time today. 0.23. BRSIX pulling it up, TSP pulling it down.
by White Coat Investor
Fri Apr 20, 2007 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Are Avatars a good thing?
Replies: 55
Views: 24880

Re: Good!

. I enjoy interpreting the avatars, though I sometimes have difficulty getting them right. EmergDoc's avatar seems to have trouble walking on two legs, begging sympathy for those of us struggling to overcome obstacles so I appreciate his kindly reminder. Uhhh....it is supposed to be a climber. Mayb...
by White Coat Investor
Thu Apr 19, 2007 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Arizona
Replies: 12
Views: 4694

We use to like Prescott but drove through there last year and immediately found the increase in traffic and congestion unpleasant... We're now in Tucson and find it a nice place to live, Ha ha I got a kick out of this. At least Prescott has a highway that runs East-West in the town! I love Tucson, ...
by White Coat Investor
Thu Apr 19, 2007 9:37 pm
Forum: Investing - Theory, News & General
Topic: What Diehard-approved equity fund pays no distributions?
Replies: 13
Views: 3708

Berkshire-Hathaway?
by White Coat Investor
Thu Apr 19, 2007 9:36 pm
Forum: Investing - Theory, News & General
Topic: Housing Downturn's Gonna Smart
Replies: 39
Views: 15048

Interesting name abciximab. What do you do for a living?
by White Coat Investor
Thu Apr 19, 2007 3:37 pm
Forum: Investing - Theory, News & General
Topic: Nassim Nicholas Taleb
Replies: 94
Views: 41869

I think he has some ideas that are important for all diehards to be familiar with, whether they agree with them or not.
by White Coat Investor
Wed Apr 18, 2007 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Arizona
Replies: 12
Views: 4694

I love Prescott! :)
by White Coat Investor
Wed Apr 18, 2007 3:35 pm
Forum: Investing - Theory, News & General
Topic: Are private elite universities worth it?
Replies: 139
Views: 63867

EmergDoc....do you think your medical education was worth it? Are the bucks enough to pay the loans and live a comfortable lifestyle? Without a doubt it was worth it both personally and financially. I think I live a comfortable lifestyle and I actually don't have any financial loans except the afor...
by White Coat Investor
Tue Apr 17, 2007 9:43 pm
Forum: Investing - Theory, News & General
Topic: how much did (or will) you pay for your kids' college?
Replies: 53
Views: 23628

Re: I'll pay it all

I'll pay it all. However, I expect them to work in the summer. Right now, I am paying $24,000 for my daughter's high school and $11,000 for my son's high school. The good news is that paying for college won't be that much of a difference from high school. Man did I wander into the wrong room! Maybe...
by White Coat Investor
Tue Apr 17, 2007 9:32 pm
Forum: Investing - Theory, News & General
Topic: Are private elite universities worth it?
Replies: 139
Views: 63867

Not meaning this in any way to pick on those who cannot pay for their kid's college, but your deal is basically the blue collar deal (room and board to 18 then you are on your own). And my deal was (from my parents) and is (for my kid) the white collar deal, common deal in affluent communities: The...
by White Coat Investor
Tue Apr 17, 2007 5:59 pm
Forum: Investing - Theory, News & General
Topic: Are private elite universities worth it?
Replies: 139
Views: 63867

At age 17, borrowed student loan money is free money. It's a non-issue. Kids can't understand the truth until that first payment is due. So while I can understand your wanting the kid to have a financial stake in all of this, it's very difficult to impart by way of "free student loan money slo...
by White Coat Investor
Mon Apr 16, 2007 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Sorry
Replies: 5
Views: 1831

The polls are fine, don't worry about it. I enjoy seeing what others think.
by White Coat Investor
Mon Apr 16, 2007 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: ** Looking for all suggestions for this newbie **
Replies: 9
Views: 2429

Welcome to the Forum! Here's my suggestion: Move all your spare CASH into that Emigrant Direct account. Put your Roth IRA in Target Retirement 2045 or so and leave it. Keep saving money like mad. Now, go read a few books: 1) The BogleHead's Guide to Investing 2) The Four Pillars of Investing 3) Comm...
by White Coat Investor
Mon Apr 16, 2007 6:58 pm
Forum: Investing - Theory, News & General
Topic: Are private elite universities worth it?
Replies: 139
Views: 63867

When I applied to colleges, I was accepted everywhere I applied, including a "top 10" school and a "top 20" school. I ended up choosing the least expensive option available to me (a "top 70" school), which incidentally gave me a full tuition scholarship. I felt I receiv...
by White Coat Investor
Sun Apr 15, 2007 8:44 pm
Forum: Investing - Theory, News & General
Topic: Quick SWR question
Replies: 12
Views: 3869

Re: Quick SWR question

I believe the answer is quite obvious. . Good point. I guess I ought to think a bit longer before writing. Thanks for the link to Dr. Bernstein's site. I had read that before and forgotten it. It seems a higher withdrawal rate, 5-7% could be justified using this technique. But the key is, as Orion ...
by White Coat Investor
Sun Apr 15, 2007 7:27 pm
Forum: Investing - Theory, News & General
Topic: Quick SWR question
Replies: 12
Views: 3869

Quick SWR question

I'm hoping not to drag this into a huge, never-ending SWR debate. As the 4% rule is tossed around, it usually seems to be phrased as 4% of the portfolio AT RETIREMENT, adjusted for inflation. What do you all think of the idea of withdrawing 4% of the portfolio, period. This way, if you were having a...
by White Coat Investor
Sun Apr 15, 2007 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Diehards.org vs. M* vs. Dan Wiener
Replies: 2
Views: 1971

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

BTW, does it count internet explorer, netscape, and mozilla?
by White Coat Investor
Thu Apr 12, 2007 11:16 pm
Forum: Investing - Theory, News & General
Topic: Why market timing doesn't work..the TSPtalk.com example
Replies: 4
Views: 2355

Don't get me started on TSPTAlk.com. You would think it would be hard to do poorly with such excellent investment options, but if you time it just right..... So far this year (as of last Friday) their returns range from -4.63% to 9.65% with an average of 2.87%, which is precisely 0.53% LESS than jus...
by White Coat Investor
Wed Apr 11, 2007 5:55 pm
Forum: Investing - Theory, News & General
Topic: one will be rich and four will be financially independent
Replies: 45
Views: 21746

To be precise, I think it would be fairest to call Social Security a "social insurance" scheme. That is in fact importantly different from a pure "welfare" scheme, because the idea with social insurance is to have the "premiums" (what people pay into the scheme) eventu...
by White Coat Investor
Wed Apr 11, 2007 5:45 pm
Forum: Investing - Theory, News & General
Topic: Lesson Learned: S&D
Replies: 10
Views: 4397

Re: Lesson Learned: S&D

Following the Boglehead philosophy, I decided to put all of my VG Index 500 taxable funds into VG Total Stock Mkt Index, a broader fund. But when this was done, the tax bill was a killer. To avoid generating such a large "tax event," I think I should have taken only a portion out of Index...
by White Coat Investor
Tue Apr 10, 2007 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Any Gamers?
Replies: 72
Views: 30038

actuaryinvestor wrote:It's like a hard drug addiction.


Clearly we need rehab. I wonder what would happen if we invested as competitively as we play this game.
by White Coat Investor
Tue Apr 10, 2007 3:31 pm
Forum: Investing - Theory, News & General
Topic: one will be rich and four will be financially independent
Replies: 45
Views: 21746

Re: EmergDoc

Is there a reasonable alternative? Here is my suggestion: Lower the tax. Make it something like 2% rather than 6.2%. One should only pay the tax on his first $50K instead of $100K. Then we raise the age on when benefits start to say....75 or 80. Now, we eliminate all benefits for those who have oth...
by White Coat Investor
Tue Apr 10, 2007 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Need practical advice on sellling car
Replies: 5
Views: 2053

thanks emerg. doc. I'm leaning toward selling. I guess now we have a different topic. We carry 1M liability on both cars and 1000/deductibles on comp & coll, through USAA. The premium is 200/month for both vehicles. Who do you recommend as a carrier? I also use USAA, $1000 deductible, $1-500,00...
by White Coat Investor
Tue Apr 10, 2007 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Need practical advice on sellling car
Replies: 5
Views: 2053

Re: Need practical advice on sellling car

Currently: We own two vehicles: BMW - paid for, 10 years old, (but bought 5 years ago for $21K), 107,000 miles - my dad says it will last for another 100K miles Chevy Tahoe - one year left of payments at 0%, only 4 years old, 30,000 miles My husband has a "government vehicle" for work pur...
by White Coat Investor
Tue Apr 10, 2007 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Any Gamers?
Replies: 72
Views: 30038

I looked at your maze but I don't really understand it. You seem to have a lot of dead ends where there would be no traffic, but it obviously worked for you. It's like a hard drug addiction. I agree! Remember the saved maze is what existed when the game ended, not what existed for most of the game.
by White Coat Investor
Mon Apr 09, 2007 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Any Gamers?
Replies: 72
Views: 30038

All right, who's actuaryinvestor? Now I have to go back and play that game again!
by White Coat Investor
Mon Apr 09, 2007 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Question for MDs on protecting assets & insurance
Replies: 18
Views: 7617

snacks99 wrote:No one here uses the AMA group disability insurance?


They wouldn't give it to me. I'm currently active duty military. For some reason they are afraid to insure our soldiers.
by White Coat Investor
Mon Apr 09, 2007 8:08 pm
Forum: Investing - Theory, News & General
Topic: one will be rich and four will be financially independent
Replies: 45
Views: 21746

Re: Social security is out of our own pockets

With all respect, it is important to keep in mind that Social Security is not a government handout. It is a retirement system in which all of us wage earners invest a substantial portion of our incomes "out of our own pockets" with a substantial match from our employers. I find it disturb...
by White Coat Investor
Mon Apr 09, 2007 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Question for MDs on protecting assets & insurance
Replies: 18
Views: 7617

Re: Question for MDs on protecting assets & insurance

Following up on the recent question about protecting assets against lawsuits, I have some questions for diehard MDs (EmergDoc, others?) 1. My wife is a MD (final year of residency) and will be potentially subject to malpractice lawsuits in the future. Besides insurance how can we shield our assets?...
by White Coat Investor
Mon Apr 09, 2007 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Question for MDs on protecting assets & insurance
Replies: 18
Views: 7617

Re: Not in the field - but a little

In a somewhat curious twist (and completely unrelated), 2 years ago I got an infection following surgery, and have some ongoing consequences. It NEVER occurred to me to sue the surgeon, BUT lots of folks ask, "Are you planning to sue the surgeon?" dan These "nuisance suits" are ...
by White Coat Investor
Sun Apr 08, 2007 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum Loss Table?
Replies: 7
Views: 2288

It is important to realize that this is a rule of thumb generated using past data. Just because stocks have only declined 50% per bear market in the last 50 years doesn't mean they will only decline 50% in the next bear market.
by White Coat Investor
Sun Apr 08, 2007 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: When to contribute
Replies: 15
Views: 5262

Yup. Since the market goes up most of the time, the best time to contribute is when you have the money, i.e. on the first of the year.
by White Coat Investor
Sun Apr 08, 2007 1:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard U.S. Growth: Give me a reason
Replies: 15
Views: 5367

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

Met Income wrote:Wouldn't you have to wait 30 days for the wash sale rule?


You're right.
by White Coat Investor
Sun Apr 08, 2007 8:44 am
Forum: Investing - Help with Personal Investments
Topic: high net worth & protecting oneself from lawsuits/liabil
Replies: 38
Views: 15486

I also carry $2 million umbrella liability coverage. There are things one can do to minimize risk of lawsuits. Professionally speaking, malpractice studies show it is the same doctors getting sued over and over again (to a certain extent.) The funny thing is it isn't the incompetent doctors getting ...
by White Coat Investor
Sat Apr 07, 2007 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Total Bond funds
Replies: 15
Views: 5158

FWIW, I like intermediate bond index fund. It is a good mix of treasuries (for safety) and corporates (for extra yield) without those pesky GNMAs (that are only great if interest rates don't go up or down.)
by White Coat Investor
Sat Apr 07, 2007 8:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard U.S. Growth: Give me a reason
Replies: 15
Views: 5367

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

Hi. I'm currently sitting on just over 1,500 shares of the flovely Vanguard U.S. Growth fund, which is one of the more boneheaded -- OK, the most boneheaded -- investment I've ever made. I purchased them over a period of a few years in the late '90s/early '00s through automatic paycheck deduction. ...
by White Coat Investor
Fri Apr 06, 2007 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: what is your job/occupation?
Replies: 84
Views: 44779

If you don't know I'm not going to tell you. But I took a pass on being a
<---- professional climber so as not to mix business with pleasure.
by White Coat Investor
Fri Apr 06, 2007 3:49 pm
Forum: Investing - Theory, News & General
Topic: Was the decision on how to set your equity-fixed spli
Replies: 67
Views: 28657

Very easy if you know what your goal is. If you don't know what your goal is, maybe you shouldn't be investing? I disagree. I'm confident I will come up with goals that require money in the future. Just because I don't know what they are now I shouldn't save? Shouldn't I save for my child's college...
by White Coat Investor
Fri Apr 06, 2007 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency cash in fixed income or separate?
Replies: 8
Views: 2138

In the beginning, when the portfolio is small, it makes sense to include the emergency fund as part of your fixed income. Later, when the portfolio gets larger, it simply doesn't matter because it is such a small percentage of the total portfolio. If your emergency fund is constantly changing (like ...
by White Coat Investor
Fri Apr 06, 2007 1:05 pm
Forum: Investing - Theory, News & General
Topic: Was the decision on how to set your equity-fixed spli
Replies: 67
Views: 28657

In the end, it came down to Benjamin Graham's advice: No one should hold less than 25% equity or more than 75% equity. I never heard this Ben Graham quote before.....I assume it is from one of his 2 classic books (Security Analyis or The Intelligent Investor). : I believe it is in the Intelligent I...
by White Coat Investor
Fri Apr 06, 2007 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Videos of Q & A session at Diehard V in Las Vegas
Replies: 9
Views: 3657

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

Here's the video that Sunny filmed of the Q & A session in the Diehard V reunion in Las Vegas (May 15-17, 2006). Part 1 of 5 Part 2 of 5 Part 3 of 5 Part 4 of 5 Part 5 of 5 Most of the videos are about 30 minutes each (except Part 3 which is about 7 minutes). Jack definitely has a great sense o...
by White Coat Investor
Fri Apr 06, 2007 11:18 am
Forum: Investing - Theory, News & General
Topic: Was the decision on how to set your equity-fixed spli
Replies: 67
Views: 28657

Very hard; I spend a lot of time on it. There were so many factors to consider. I find the "maximum allowable loss" really vague. Like my dad said when I asked him what his was: "I don't want to lose any of it." I feel the same way. How much I am willing to lose depends on how mu...