ID doctors, I don’t forgive you
Ten Reasons ID Physicians Should Quit I quit ID in 2022, and it wasn’t covid that made the decision. I didn’t want to tie myself to the mast of a sinking ship. Once financially independent, you work because you […]
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When will AI replace your friendly neighborhood physician?
AI Better Than ID Physicians by 2030 I’ve almost decided to give up blogging and content creation. What is the point when AI can write a better blog than I can? However, my audience consists mainly of physicians, and […]
The 3-Fund Portfolio in Different Accouts
Three Accounts and the 3-Fund Portfolio Simplicity is a 3-fund portfolio. US and International equity funds and a bond fund are baked together in a set asset allocation. There is much more to consider when you have different account […]
Optimal Asset Location
Deep dive into Asset Location Optimization and Tax-Efficient Fund Placement. This is Asset Allocation in Multiple Accounts!
Historical Returns of a 50/50 Portfolio (or 70/30 or 30/70)
How to Invest Conservatively for Retirement If you are retiring soon, you might wonder: How conservatively should I invest? Given the sequence of return risk and the other retirement-specific risks, what asset allocation should I have? First, let’s look at a […]
Alternatives to Bonds
Bond Alternatives People have way too much cash right now. Yet, some fear bonds after what happened in 2022. You need safer assets in your portfolio once you have passed the accumulation phase. Cash has poor long-term returns and is […]
Do I Really Need Bonds in my Portfolio?
In a New Era of Bonds Do I need Bonds in my portfolio? Bonds were a big loser during 2022 and ZIRP (zero interest rate period). We are in a new bond era with a non-zero interest rate, so […]
Marginal vs Effective – Tax Rate Arbitrage
Tax Rate Arbitrage and Roth Planning Tax rate arbitrage is an important concept in retirement planning. You must understand tax rate arbitrage to buy the government out of your retirement. When should you harvest or accelerate income, and when should […]
Long-Term Capital Gains Stack on Top of Ordinary Income Tax
Taxation of Long-term Capital Gains A separate (and some would say mystical) taxation system exists for long-term capital gains and qualified dividends. Let’s discuss the Long-Term Capital Gains Tax and how the standard deduction applies to capital gains. Ordinary income […]