401a, 403b, and 457b Plans Physicians are high-income professionals who optimally defer income into retirement plans during peak earning years. If you can access a 401a vs 403b vs 457b, you work for the government or a not-for-profit hospital system. Which […]
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 […]
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 […]
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 […]
Managed Futures or Trend Following Managed futures suffer from a branding problem. Just like high yield is better than junk, and private credit is better than hard money, a rebranding will revive managed futures in the next decade. However, […]
Bullet Bond ETFs Your asset allocation has risk on one side and safer assets on the other. For instance, a 60/40 portfolio has 60% Stocks and 40% Fixed Income. Different ways of structuring your safer part of the portfolio […]
Do I need more Large Cap Value? Most people are underweight Large Cap Value in their portfolio. I dived deep into my US equity holdings but am underweighting large value. Is there a large value premium that should have me […]
Fungible and Asset Location Money is Fungible. Fungible is a funky financial term. Fungible means interchangeable. Or substitutable. A dollar bill in D.C. is the same as anywhere else. Indeed, $10 is worth two five-dollar bills or ten one-dollar bills. […]
Investing as Simple as Possible Investing made as simple as possible: Buy stocks when you have the money Sell when you need the money Simple and easy. But let’s get into the details to determine what you should do. […]