High dividend index funds

[DoubleMDs]

The fact someone would even ask this as a serious question shows the problem today. Absolutely they should.

[DoubleMDs]

Absolutely. Comfortable and they look good. Why wouldn’t you?

[DoubleMDs]

First: beat up 2 dr Chevy Cavalier worst: beat up 2 dr Chevy Cavalier current: Honda Accord 2016 with 56K miles spouse: Toyota Highlander 2015 with...

[DoubleMDs]

Absolutely. At least in some form. Just like job searching and contract negotiation lectures should be as well. We call it the “real life management”...

[DoubleMDs]

No.

[DoubleMDs]

Private school in 14 to 20 years = 300,000-350,000 K each in today’s dollars. Each kids 529 getting maxed out every year so far...

[DoubleMDs]

Triplane fractures are rare and actually can cause serious issues for a kid if missed and not managed appropriately. Strong work. Had a patient travel over...

[DoubleMDs]

10 million as well.

[DoubleMDs]

The obesity code is terrific. Insulin is a huge player for everyone, but especially obese people.

[DoubleMDs]

Hopefully none of you play fortnite. Get your carpal tunnel braces ready if so. See below: https://www.foxsports.com/san-diego/video/1231654467796...

[DoubleMDs]

So long as you are not the initiator, it’s ok. That could easily be deemed as inappropriate or unprofessional. If a little older lady wants to give...

[DoubleMDs]

We visited a few years ago and loved it. Don’t do the full Inca trail (unless you really like a hike as it takes a couple days) but do get there early...

[DoubleMDs]

State max every year. should have over $350,000 if returns are at least average. intent is for undergrad but if any is left over for grad school th...

[DoubleMDs]

San Antonio is pretty spread out so isn't walkable but meets all of your other qualifications. Somewhere in North Carolina or Georgia would probably work...

[DoubleMDs]

Freedom to do just about whatever we want, whenever we want, however we want. Everyone's level of "F you" money is different, but the gist is the same. Th...

[DoubleMDs]

I believe internet tough guys (or gals, don't want to be discriminatory here) lie between coward and pansy. If it's not something you would say in person...

[DoubleMDs]

I also have "financial basics for residents" talk I've given I'm happy to share. Send me your email and I'll send it your way.

[DoubleMDs]

This was a recent thread here on the TSP with some good discussion. https://www.whitecoatinvestor.com/forums/topic/tsp-fund-questions-for-those-whove-used-them/    ...

[DoubleMDs]

Ours was $1500 for about the same complexity as yours. But you live in a higher COL area, which shouldn't matter for this, but I'm sure it does.

[DoubleMDs]

Yes, after WCI posted one years ago. Looks very similar to PoF, not surprisingly.

[DoubleMDs]

Does anyone have any experiences with Vanguards (or any other) high dividend yield index fund or equity income fund? A friend asked me about them instead...

[DoubleMDs]

I've known many surgeons that probably should no longer be operating as long as they do (into their 70s) but they continue to do so because they know...

[DoubleMDs]

Good discussion. Go Cards for sure!!

[DoubleMDs]

We are in a very similar position, although I'm a bit heavier in stocks and less in bonds then you given the long term investment horizon still ahead....

[DoubleMDs]

Unfortunately real estate near Houston may about to be much cheaper. Hope it's not as bad as they say.

[DoubleMDs]

Would love to see how this portfolio has done over the last 10 years, especially after inflation. Probably could do better investing solely in the Ni...

[DoubleMDs]

Definitely both. Definitely real.

[DoubleMDs]

Thanks. Very helpful.

[DoubleMDs]

WCI has discussed the various TSP (Thrift Savings Plan) funds previously, most recently briefly in his lastest asset allocation blog post (https://www.whitecoatinvestor.com/the-new-wci-asset-allocation/)....

[DoubleMDs]

Coincidence that this looks very similar to the state breakdown of the electoral map in voting? Orange=blue states and green=red states. Maybe just coincidence,...

[DoubleMDs]

I'm in. Looking forward to it.

[DoubleMDs]

We have battled with one of the hospitals where I work for two years about the "facility fee." They were charging most new patients an extra $100 just...

[DoubleMDs]

We have it for my wife's wedding ring and anniversary diamond earrings. Gives my wife some peace of mind in wearing those things almost every day despite...

[DoubleMDs]

This is bait for Johanna if ever it existed.

[DoubleMDs]

Great. Thanks for the link.

[DoubleMDs]

Has anyone used an Ally bank "no penalty" CD? They are 11 month terms but with no penalty if you withdraw the money early. The current rate is 1.5% vs...

[DoubleMDs]

$430K? Pay the loans, pay the loans, pay the loans. Do not let yourself get comfortable with that debt, even if you're saying you'd use the taxable to...

[DoubleMDs]

Highly doubtful peds or FM trend way up at any point. Especially as more physician extenders (PAs and NPs) trend up. As pay for quality becomes the norm...

[DoubleMDs]

Absolutely not. Its this type of thinking that leads to doctors not working together against the government and society when they constantly demand more...

[DoubleMDs]

All sounds reasonable. The VTEAX is appealing for the low cost to get admiral shares. Seems to fit with the more general ideology of broad indexing, but...

[DoubleMDs]

Hatton and others why did you choose the intermediate fund? Why not high yield? Yes there is a little more volatility but still provides diversification...

[DoubleMDs]

PoF- if you hold VTSAX in a retirement acct and buy it in the taxable acct, will it create the wash sale if you try to TLH in the taxable? In other wo...

[DoubleMDs]

Quite certain the question was a rhetorical one, but no, no, no. Newbie, this is why WCI shouldn't be questioned for cornering the physician blog market...

[DoubleMDs]

3 million in retirement accounts but at least that and much more also in other vehicles (taxable, real estate, cash etc)

[DoubleMDs]

Nothing wrong with analytic questions. Stimulates discussion. That's what a forum like this is all about. Keep it up. Completely agree on all points ...

[DoubleMDs]

UK was my favorite team growing up (mashburn then tony delk era etc). I still love watching them because they have great players and are fun to watch...

[DoubleMDs]

Protein shakes made the night before for breakfast every day and meal replacement or protein bars for lunch except when there's free lunch somewhere....

[DoubleMDs]

Wow way more people on here that have scheduled weekdays off then I would've thought. How many work a full five day M-F week? Or for others how quickly...

[DoubleMDs]

The big difference for physicians is the income vs. net worth. While many are in the top 1% in income most do not reach those net worth numbers until...

[DoubleMDs]

Have you tried audio? My wife won't read finance books but I got her hooked on Audible and now she listens to anything I suggest in the car to and from...

[DoubleMDs]

Am looking into this a well for our niece. So far TD Ameritrade looks to have the best options. Let me know if you find anything different.

[DoubleMDs]

Hey newbie, does Elon Musk have a monopoly on your heart like WCI and PoF now have on the market? Sorry, couldn't resist. Congrats to both guys. I hon...

[DoubleMDs]

Nope. Will undoubtedly steer them away. You must be in a cush place, svalley, to say the flexibility is "unmatched." Certainly all things and situations...

[DoubleMDs]

Was 20% last year but likely to hit close to 30% this year with income increase. Rough but like WCI says, first world problems.

[DoubleMDs]

Have small value, emerging markets and REIT index in Roth space. It's all part of the overall allocation and investing plan though.

[DoubleMDs]

.com for sure. Use your name (especially if it's easy to spell). Use godaddy or something similar. Relatively inexpensive and user friendly.

[DoubleMDs]

For those of you who are dual physician couples/households, how have you handled your disability insurance? Still maximize for both incomes? Buy less...

[DoubleMDs]

Not hating and not sour grapes. I actually find Musk fascinating and said I was impressed by the breadth of things he's tackled (globalizing internet...

[DoubleMDs]

Spoken like a tech obsessed millennial, newbie. Might as well change your handle to Sheldon Cooper. Give credit where credit is due, the things Musk and...

[DoubleMDs]

Latest greatest shiny toy. Definitely more efficient and environment friendly then Hummers though. Supposedly ride a lot better too. Musk is consumed...

[DoubleMDs]

Thanks to everyone for your replies. Yes to high tax bracket. Retinadoc I have some bonds in retirement accts but have limited good options (thus have...

[DoubleMDs]

5:30am-6:30 workout work/family in between 9pm-10:30pm read this forum, books, sports scores...decompress, etc sleep repeat...

[DoubleMDs]

Looking to add more bonds to the portfolio and planning to do so in a taxable account (save your time posting, Joanna, all retirement accts, roths, hsa...

[DoubleMDs]

Enjoy the honeymoon. You only do it it once and it's the one thing that only you and your significant other have with just the two of you. I couldn't ...

[DoubleMDs]

First off ortho doesn't make a "bazillion" dollars. More then peds, yes, but don't believe it will immediately be raining millions because you can do...

[DoubleMDs]

5. I like my field and make a good living but medicine gets more and more trying every day. I have many hobbies and there are so many things I'd rather...

[DoubleMDs]

Orig amt: $230K remaining: 35K (17 mos out of training) Interest rate: 3.5% (refinanced with DRB) income: 500K+ production payoff plan: 1-2 months...

[DoubleMDs]

As WCI says, first world problems/concerns for sure. Hope it turns out in the positive for you though.

 

 

[DoubleMDs]

I dollar cost average a set amount each month to the 529 that ends up being half the max yearly contribution, then add the other half either at the beginning...

[DoubleMDs]

1. Got accounts in order to payoff the the last remaining portion of school loans at the end of this month, which will be right on the goal target of...

[DoubleMDs]

1. Continue to max out 403, 457, backdoor roths, HSA and 529 2. Start taxable account 3. Continue to increase income, continue to still save >40% of i...

[DoubleMDs]

Some would say you could stand to be more aggressive in your Roth space as it will likely be held the longest. Probably don't need any bonds at all in...

[DoubleMDs]

I commute a fair amount to work and thus listen to a lot of audio books, both financial and otherwise. Ive already listened to: The millionaire next...

[DoubleMDs]

Also FYI for any female physicians on the board or in general that don't know about it already, there is a facebook group called the "physician moms group."...

[DoubleMDs]

Had our first at 32/31. In our case I would say being dual physicians makes life much harder then just being older. Time management is paramount (as it...

[DoubleMDs]

If you went to Kansas you may as well give up already. Just kidding. Agree with above the big picture is the main thing. Sounds like you have a long investing...

[DoubleMDs]

For the first time I can remember every person I talk to regardless of political affiliation universally agrees both candidates are horrible. Such a sad...

[DoubleMDs]

I would recommend searching "whole life" on the wci website and reading through at least a few of the dozen or more posts WCI has written on the subject...

[DoubleMDs]

No question surgeons lean red and psychiatrists lean blue. Many more assertions could be made along those lines as well but I will refrain from making...

[DoubleMDs]

This is always debated and I never understand why. Yes money CAN buy happiness but it is not required to be happy. My wife and I are happy just to take...

[DoubleMDs]

See every Major League Baseball stadium. Go to college football or NFL games every fall weekend. See a new country every few months. Do more mission work...

[DoubleMDs]

Last year was $180,000 but 90,000 was student loans getting paid off rapidly.

[DoubleMDs]

Do they want to go to medical school? I tell everyone aspiring to that I would recommend against it. If they have interest in anything else, pursue whatever...

[DoubleMDs]

Pay off the 7.9%, refinance the 6.8%, max out Roth IRA and and employer matched contribution accounts while you can and then write up your investing personal...

[DoubleMDs]

Really like personal capital. Combine that with an excel spreadsheet updated every few months and it works well for me.

[DoubleMDs]

Gross 40% net 50%. Hope to stay with same percentages soon as income goes up and student loans go away but expenses (bigger family, larger house) go up...

[DoubleMDs]

Seeing as how the Mrs. And I both work, 10m combined is the goal. She goes part time way early and we both retire early in an effort to reap some benefit...

[DoubleMDs]

At this point it's hard to imagine what else I would do, probably something finance related. Our kids will be strongly discouraged from going into medicine...

[DoubleMDs]

We are dual physicians. We carried no life insurance until we had a kid. Then we got 250,000 on her and 500,000 on me (basically enough to pay off remainder...

[DoubleMDs]

Bart I just bought a brand new Honda Accord for $22000 after my $1000 trade in I got for my 14 yr old Honda Accord. So if that's your vehicle of choice...

[DoubleMDs]

20% effective. 28% marginal.

[DoubleMDs]

KU, OU, UNC, MSU. Afraid the chickenhawks will win if they make it past the sweet 16.

[DoubleMDs]

You make 740K and only put 12,500 towards retirement? You're not even coming close to maxing out your potential tax sheltered accounts. I get saving up...

[DoubleMDs]

Just upgraded from a two door Honda Accord (was 14 yrs old and transmission finally went) we originally bought used to a basic four door Honda Accord....

[DoubleMDs]

Is it any surprise the highest paid specialties also have the highest percentages of being "fiscally conservative?" Everyone is idealistic in college ...

[DoubleMDs]

I will repeat what I did in the comments section after the wci blog on this. I will highly discourage my children from becoming a physician. The time,...

[DoubleMDs]

Can someone help me understand the bogle head rationale for the total stock, total international, total bond even split? I understand it's diversification...

[DoubleMDs]

I'm a young Ortho attending. Love this site and looking forward to the forum.