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  • Dreamgiver Dreamgiver 
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    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    I have some acquaintances that have been holding off investing since Trump got elected. They thought the whole world was gonna collapse. So no, invest now.

    in reply to: Wait for the market to drop? #248867 Reply
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    Time in the market > timing the market

    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    Retirement accounts usually do not get split, usually. Not much in the form of assets here. Do arbitration if both parties are adult enough to deal with that. Cheaper and faster and pretty much same end result as expensive litigation. Alimony will be the main sticking point but family courts tend to favor women so who knows. I’d settle for no alimony no child support. Do nothing now as far as selling assets and such. New car might have to go in the future. He might be entitled to half of the equity in the condo. Immediately open new separate bank account and stop flowing any money into shared one. Take half of the balance in shared bank account and keep documentation of such. Keep documentation of bills paid for the condo as this will all need to be shared if the condo equity is to be shared. Bad situation but things will improve greatly for her from now on.

    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    What’s AMA?
    ‘Sarcasm’
    You get what you pay for. Carefully read the policy description. AMA stuff is usually not good. Their resources are devoted to developing amazing ICD codes

    in reply to: AMA Disability Policy #248656 Reply
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    Sorry, did not realize you were the OP of that thread.

    in reply to: How to find a good accountant? #248639 Reply
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017
    in reply to: How to find a good accountant? #248551 Reply
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017
    Earnest refinancing bonus

    Considering that for high earners traditional IRAs are not tax deductible, your question becomes a moot point.

    in reply to: To Roth or not to Roth- that is the question #248204 Reply
    Liked by artemis
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    Growth and value are two specific subsections of the market and would not consider them a substitute of a total market fund in any shape. Those are some high fees, yikes

    in reply to: Question about Two Vanguard Funds #248200 Reply
    Dreamgiver Dreamgiver 
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    Status: Physician
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    Joined: 03/09/2017

    Chances are either job will not turn out to be what you think it is and your priorities will change. I’d take the money and kill it for a few years. Find a partner (if you wish) and then move where both of you wish to establish a family. At that point you will be loan free, with a solid foundation for retirement savings. Would pslf be worth it for you? I’d definitely run the numbers

    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    Sorry, did not see what specific questions you have. If it is just the title, low ER, low turnover, passive index funds (‘total stock market’) Split domestic/international according to your plan. Can add munis if you wish but would not do bond funds due to tax drag.

    in reply to: Optimal investments for taxable account #248193 Reply
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    You won’t get direct answers because your timeline falls in a grey area. If it were me, >5 yrs I’d do equities in the form of a total stock market fund. But I got no other debt and can cashflow if the market tanked right before I needed the money. Not sure a target retirement fund would be the best option, especially for tax implications, but I guess, if you choose the appropriate target date, might limit a possible downturn.

    in reply to: Another house down payment question #247986 Reply
    Liked by jfoxcpacfp
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    It is actually really easy to bring people on with the 3+1 yr model where the extra year you are an ‘attending’. It is routinely done by other specialties (CCM, anes, GSurg). You are hired as a clinical instructor or a visiting instructor. Scheduled to cover shifts as an attending twice a week or such (at attending’s pay) and fellow the other days. The best part is that GME is out of this. Fellow days are unpaid but the attending salary for the other days still means a take home pay 2 or 3 times what GME pay would be. Again easy to do and it is done routinely at several institutions.

    in reply to: Just submitted EM residency application. #247941 Reply
    Liked by snowcanyon
    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
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    Joined: 03/09/2017

    In our big democratic group everybody shares call equally. If you do not want call anymore, you enter a specific retirement track, which requires you to be phased out of the call schedule over 4 years, at which point you must retire. Can stay on as a PRN moonlighter after that with no guaranteed shifts.

    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
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    Joined: 03/09/2017

    If you are bruised up and such I’d certainly get it checked out. Soft tissue injuries can be sneaky and a pita to deal with in the future.

    Dreamgiver Dreamgiver 
    Participant
    Status: Physician
    Posts: 892
    Joined: 03/09/2017

    If you put it through your insurance it is a claim on your history, rates would not go up but it counts as a claim. If you go through the other person’s insurance no claims on your history. Same thing for uninsured scambags. In that case you have to go through your insurance. Rates won’t go up but it is a claim on your history.

    Click to expand…

    Your rates would go up and I know this for two reasons:

    1. Having immediate family working for auto-insurance companies.

    2. Having personal experience with my rates going up after letting my insurance know of the accident (even though the other party’s insurance accepted responsibility and paid for damages).

    Click to expand…

    You got gipped. Never had that issue and in the past I talked to my local insurance agent who confirmed it. Maybe it’s a state by state thing?

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