does anyone invest in emerging market bonds/EM govt bonds or foreign REITs?

[FCP]

Is this payment considered taxable income?

[FCP]

Lordosis wrote: That is what we do for any high deductible plan. We have them pay the expected patient portion on the way out. It helped tremendously....

[FCP]

1 million+ in liquid assets and 2 million+ in net worth is minimum I'd consider to be wealthy.

[FCP]

Thank you all for your responses.  One final question: for those of you that do invest in foreign REITs and foreign bonds, do you invest these in your...

[FCP]

Hello all,   I was just wondering if anyone invests in emerging market bonds (or EM govt bonds), or foreign REITs?  Names of possible investments...

[FCP]

I also wanted to ask this.  If this happens, would this mean one would have to invest in a money market fund instead of a bond fund (for their bond allocation)...

[FCP]

a

[FCP]

I also posted about this recently, and after reading all of the helpful responses I became even more confused and realized that it has the potential to...

[FCP]

Thank you all for your thoughtful and helpful responses.  I am definitely not going to buy a 3 or 4m house anytime soon (at least not in the next 5 years)...

[FCP]

ajm184 wrote: FCP wrote: I just want to protect against all possible scenarios  Click to expand… You can insure against certain risks (life, house, disability, medical malpractice).  There is not an insurance polic...

[FCP]

CordMcNally wrote: FCP wrote: Yep I have disability insurance. I assume that would not cover loss of medical license. Or…does it? I have guardian/berkshire. (side note: my license is fine but I just want to protect again...

[FCP]

CordMcNally wrote: FCP wrote: CordMcNally wrote: FCP wrote: Generally, the advice I heard from WCI was 1) pay off your loans, 2) save 20% for retirement, 3) live like a resident for 2-5 yrs, and 4) only take out a loan...

[FCP]

CordMcNally wrote: FCP wrote: Generally, the advice I heard from WCI was 1) pay off your loans, 2) save 20% for retirement, 3) live like a resident for 2-5 yrs, and 4) only take out a loan for a dream home once these thing...

[FCP]

q-school wrote: too hard to resist the urge, so i will just (be the first) to offer that you should not buy the house until you can afford it.  you are doing great, why risk it?   Click to expand... So, I for sure am ...

[FCP]

Hello all,   I am 2 years out of training.  I have a near 2 million dollar net worth.  I previously posted here about buying a home for over ...

[FCP]

burritos wrote: I think you can readily afford the 3 mill home. You don’t have wife or kids so working to generate that income without schedule conflicts won’t be an issue. You love your wo...

[FCP]

PhysicianOnFIRE wrote: FCP wrote: I have multiple contracts with various hospitals and own my own practice, so financial security is good unless I were to get disabled or lose my license. Click to e...

[FCP]

G wrote: That’s an expensive house for a relatively small NW.  Can’t quite get the numbers to add up with a $2M income; but whatever, I’m not really sure why you would hesitate if...

[FCP]

Hello all, I make between 1.5 and 2.5 million a year (I don't want to give exact numbers).  My net worth is around 1.5 million.  Student loans are p...

[FCP]

I appreciate everyone's feedback.  I will go ahead and have some additional meetings with my accountant and tax attorney to see how I can do things differently...

[FCP]

Peds wrote: Faithful Steward wrote: FCP wrote: After a meeting with my accountant 2 wks ago, he helped me understand the full benefits of TLH’ing.  Click to expand… Did your accountant fully explain t...

[FCP]

ZZZ wrote: “when time utilized toward managing my portfolio is more financially worthwhile, and I can scale back the hours in my practice” One of the many advantages of a low-cost index ETF portfolio is...

[FCP]

Peds wrote: Way over thinking this. I do monthly, at the least. Sure little dinks/dunks nice, but TLH matters most when big market declines happen. What even are you using for daily partners…..? Click to...

[FCP]

If you had a 10 million dollar portfolio in a brokerage/taxable account, and did a 80/20 stock/bond split, which option would be wiser:   Option 1:  5...

[FCP]

spiritrider wrote: If you didn’t elect employee eligibility restrictions before you hired your first employee, you would be in non-compliance on the day you hired your first employee. If you elected a one-year of service requ...

[FCP]

Thank you all for your responses. I did some more digging online, and found this thread: https://www.bogleheads.org/forum/viewtopic.php?t=165853 It looks like I may b...

[FCP]

Hello, Since finishing residency not long ago, I've maxed out my solo 401k (54-56k/yr) for past few years.  I hired my first two w2 employees this year. ...

[FCP]

I normally do a backdoor roth every year.  For my 2019 contribution, I accidentally contributed directly to roth, instead of contributing to traditional...

[FCP]

Peds wrote: snowcanyon wrote: Peds, are they allowing rollover 401ks now? What got better? Click to expand… just now you get admiral shares. they still dont allow incoming rollove...

[FCP]

HandFellow wrote: Am I the only one that starts to cringe a bit when I here residents that are “killing it” with easy work hours and a ton of moonlighting hours/gigs?  In the surgical world, we weren’t allowed to moonl...

[FCP]

.

[FCP]

Gas_Doc wrote: FCP wrote: Kamban wrote: FCP wrote: My question now is: Now what? How do you maintain an appropriate amount of discipline from this point forward, while also making sure to enjoy life? I’ve lived lik...

[FCP]

 

 

[FCP]

Kamban wrote: FCP wrote: My question now is: Now what? How do you maintain an appropriate amount of discipline from this point forward, while also making sure to enjoy life? I’ve lived like a resident; now I don’t f...

[FCP]

East coast wrote: My assumption is that there hasn’t been a tax bill due quite yet, so the $1m will turn into 600k real fast come April?? Maybe not, but that’s a nice way to come up with an extra 30% or 40% w...

[FCP]

...

[FCP]

...

[FCP]

Also 2018 will be the first year I make >1.2 mil.  2017 I made less than this since I was a resident for half the year.

[FCP]

I only asked bank of America and 2 other banks.  B of A and one other bank said they needed 2 years of business tax returns, and it had to be for...

[FCP]

Peds wrote: FCP wrote: Hi all,   Just to answer your questions:   1) I figured my accountant was on the verge of having an aneurysm this entire week since today is tax day, so I di...

[FCP]

Hi all,   Just to answer your questions:   1) I figured my accountant was on the verge of having an aneurysm this entire week since today is tax...

[FCP]

I finished my residency/fellowship in June 2017.  Paid off my student loans 5 mo ago.  I am buying a commercial real estate property for my private...

[FCP]

You can't bill insurance if you are practicing concierge medicine, it is against insurance contract rules to charge patients $ beyond what they owe for...

[FCP]

Graduated from medical school in May 2012 with $286,000 in loans (at 6.8%). Graduated fellowship June 30 2017. Just made my final payment of $13,84...

[FCP]

There is no such thing as a location saturated with psychiatrists.  You'll have more work than you can handle no matter where you go.

[FCP]

also i work about 14 hrs a day every sat sun. total income should be about 1 million gross for my first year out

[FCP]

1. locum tenens gig paying 40k/mo 2. locums pays for all my biggest expenses (house, car, gas, etc) 3. my only expenses as a result are food, dining out,...

[FCP]

im a psychiatrist who finished training a few months ago. my autopay on student loans has been set at 10k/wk since august and im paying my loans very...

[FCP]

hightower wrote: FCP wrote: DMFA wrote: FCP wrote: I have 301k in loans (I paid about 50k of this during residency), and am graduating fellowship in a few weeks.  Starting next mo, I will be investing 35k/mo in taxable and 5k...

[FCP]

DMFA wrote: FCP wrote: I have 301k in loans (I paid about 50k of this during residency), and am graduating fellowship in a few weeks.  Starting next mo, I will be investing 35k/mo in taxable and 5k/mo in tax deferred ac...

[FCP]

I have 301k in loans (I paid about 50k of this during residency), and am graduating fellowship in a few weeks.  Starting next mo, I will be investing...

[FCP]

FrugalPhysician wrote: Hello all, Future PGY1 here. From the advice in White Coat Investor and this forum, consensus seems to be during residency to take advantage of Roth IRA acc...

[FCP]

So basically if you go to grad/prof school, the government will take a cut of your profits, no matter how much money you make, for the rest of your working...

[FCP]

I am in stark opposition to everyone who posted above.  I also bought a house as a resident (intern year, in 2012), on a physicians loan, gave zero down, paid...

[FCP]

Thank you all for your responses.  To clarify; I understand that only 50% of meals are deductible in most cases; I just didn't include that in the wording...

[FCP]

Hello all, I flew out of state to do locums work in a hospital twice a month, for about 4-5 days at a time (so about 8-10 days a month), during 2016...

[FCP]

EVERY SINGLE QUOTE by "James C." and EVERY SINGLE HILARIOUS RESPONSE to the quotes by "James C." in the comment section of this timeless link:   http...

[FCP]

I was just curious if anyone here has their practice classified as a 501c3?  I am trying to figure out whether it is worth it.  I will ultimately be...

[FCP]

I would never do it; but that's only because I don't like the idea of losing my autonomy and working for someone else.  Who's to say that they will continue...

[FCP]

I appreciate your helpful response.  I will consult further with my accountant on some of this.  Thank you.

[FCP]

hi all,   I currently have a private practice in a major metro area.  I recently received my second DEA and new state licensure, with intent ...

[FCP]

Sergio Estavillo wrote: Disturbing NYT article regarding PSLF.  If you’re pursuing PSLF, please submit your annual employment certification form (attached) and...

[FCP]

I have a subscription with WSJ that gives me both online access and a daily paper copy.   Oddly enough, the subscription I have is far cheaper with the...

[FCP]

Long time reader.  I should be pulling in about 300-400k this year as a resident who moonlights like crazy.  I will max out my solo 401k.  I was wondering...

[FCP]

buy a 2bed/2bath place and rent the other bed/bath out.  you will end up paying peanuts for the remaining monthly mortgage cost.  i bought a place for...

[FCP]

jfoxcpacfp wrote: FCP wrote: hello all, if one were to moonlight at an out of state hospital for one 5 day period per month, would it be possible to deduct rent or mortgage expenses for a dwelling near the...

[FCP]

clarification: i stay with family (though they are an hour away from this hospital), and would like to buy a place of my own for those 5 days that is...

[FCP]

hello all,   if one were to moonlight at an out of state hospital for one 5 day period per month, would it be possible to deduct rent or mortg...

[FCP]

i would also like to hear more about this from other people.

[FCP]

.

[FCP]

I also recommend moonlighting.  I am a pgy-4 child fellow, and I've been moonlighting since the moment I started my PGY-3 year.  I make anywhere between...

[FCP]

FCP wrote: Vagabond MD wrote: Going forward in life, your financial status will drive your options more than the name on the degree. If you can go to Hopkins and have ...

[FCP]

Vagabond MD wrote: Going forward in life, your financial status will drive your options more than the name on the degree. If you can go to Hopkins and have the resourc...

[FCP]

I had a brief question.  I am a child psychiatry fellow, and I cover a child psychiatry inpatient unit 1-2 weekends a month (seeing about 20 kids on...

[FCP]

just found a book i was searching for: according to j kenyon rainer md (from his book "first do no harm"), a neurosurgeon, a full partner in a private...

[FCP]

canadianoutlaw wrote: Did WCI ever decide to permit polls on the forum? I think it would be interesting to poll the WCI investor community with the following: – Are you pursuing PSLF? ...

[FCP]

I think you are misreading what I have posted. I agree with what you posted above, nothing that I posted went against that....

[FCP]

Your interest does NOT get capitalized as a resident/fellow. It may as an attending (I briefly reviewed the terms on the website), as it did not state...

[FCP]

I graduated medical school with 283k in loans.  They ballooned to around 330k when I started my fourth year of residency this past July.  I ended up...

[FCP]

climbhigh wrote: Trying to run some numbers to see if I would benefit from student loan refinancing. Current 3rd year resident, still have 2 years of residency left plus 1 year of fello...

[FCP]

Atlantis660 wrote: The White Coat Investor wrote: Atlantis660 wrote: Just wondering if people include their primary residence in their net worth. Click to expand… I do. I don’t incl...

[FCP]

^ That is amazing. Thank you.

[FCP]

I should clarify: I am more curious at the difference in time it took people to go from zero to 1 million, then 1 million to 2 million, then 2 mil to...

[FCP]

It isn't that arbitrary. The paricipants on these forms are way too overanalytical about some of the questions that are posted! The reason I ask is be...

[FCP]

It is often said the first million is the hardest.  How many years (from end of med school, end of residency, etc) did it take you to reach a $1 million...

[FCP]

...

[FCP]

Correct.

[FCP]

I wanted to expand on a topic brought up in a separate thread.  I understand that salary surveys show that docs in the 70s and 80s didn't make much more...

[FCP]

ACN wrote: Does your moonlighting gig give you a 1099?  I can moonlight, but since it’s at our institution, they $$ goes to my monthly paycheck.  I probably should go talk to someone a...

[FCP]

PhysicianOnFIRE wrote: FCP wrote: I am a fellow.  As an intern, I took a credit card and paid $5000 for high end weight lifting equipment for the basement of the home I bought...

[FCP]

I am a fellow.  As an intern, I took a credit card and paid $5000 for high end weight lifting equipment for the basement of the home I bought on a doctors'...