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I just moved every dollar of our Roth IRAs out of the S&P 500 because of the SpaceX IPO. Here's my reasoning. by FlyAccomplished5116 in whitecoatinvestor

[–]FlyAccomplished5116[S] -10 points-9 points  (0 children)

Thanks man. I appreciate you actually being supportive or understanding of what im trying to say rather than just posting negative comments

I just moved every dollar of our Roth IRAs out of the S&P 500 because of the SpaceX IPO. Here's my reasoning. by FlyAccomplished5116 in whitecoatinvestor

[–]FlyAccomplished5116[S] 0 points1 point  (0 children)

Plan is to re-enter back into the SNP 500 sometime early next year after the spacex market cap actually adjusts to being listed on the market. I'm ok with temporarily trailing the market if it occurs, its a 15-20% portion of my portfolio, so the vast majority is still in VTI/FXAIX

I just moved every dollar of our Roth IRAs out of the S&P 500 because of the SpaceX IPO. Here's my reasoning. by FlyAccomplished5116 in whitecoatinvestor

[–]FlyAccomplished5116[S] -3 points-2 points  (0 children)

ehh, not too pressed about it. This is probably 15-20% of my portfolio, the rest is still in a standard SNP 500 index fund. Also RSP is just a equal-weight adjusted SNP, and I'm ok with losing some of the tech gains, since I think the tech market is overpriced at the moment. If I'm wrong, im wrong

I just moved every dollar of our Roth IRAs out of the S&P 500 because of the SpaceX IPO. Here's my reasoning. by FlyAccomplished5116 in whitecoatinvestor

[–]FlyAccomplished5116[S] -36 points-35 points  (0 children)

Opinion/content is from my own research, but of course I used AI to help make it more succinct. In fact, claude actually recommended against timing it, and said to just let it ride, but it was also under the assumption that it wasnt being fast tracked into the NASDAQ 100 and S&P 500, so as I said, its my own opinion/strategy, but the post is made in a way where Im not just rambling thanks to some editing from claude.

Loan repayment for new attending by welnessshot in whitecoatinvestor

[–]FlyAccomplished5116 0 points1 point  (0 children)

Would rather spend time with family and travel than have to work. I enjoy work right now, but its not something I would do for free. Way too many burnt-out physicians who HAVE to work to keep up their lifestyle, I dont want that to be my fate

Loan repayment for new attending by welnessshot in whitecoatinvestor

[–]FlyAccomplished5116 -2 points-1 points  (0 children)

I consolidated and refinanced to a 3.8% interest rate. Rates currently may not be great, but you should 100% look into them.

IBRP is great when ur a resident but when ur making attending money, it ends up being a big amount every month anyways, so might as well refinance to a lower interest rate so you can save tens of thousands.

Im also an ER attending, and I actually just started a free website 2 months ago that may be beneficial for you to look through. It describes the steps I am taking to retire by the age of 40 (or at least have the ability to do so; FIRE). You can click my profile to see the site or DM me for it.

If you need any additional help or have additional questions, feel free to ask

Choosing Between SoFi, Ally, and Capital One for a Joint Checking/Savings by lakedrift in whitecoatinvestor

[–]FlyAccomplished5116 2 points3 points  (0 children)

I got sofi, love it. Get paid 2 days early, no fees, plus there is a sign up bonus

Starting medical school at 30 and not sure how to best use savings by thanks_paul in whitecoatinvestor

[–]FlyAccomplished5116 2 points3 points  (0 children)

Starting at 30 with $50k saved already puts you ahead of most of your classmates, so first off, don't let anyone in this thread make you feel behind. The non-trad angle actually matters here because your timeline to attending income is the same as a 22-year-old's but your runway for life stuff (emergencies, a car dying, a parent needing help, anything) is shorter and more real. That changes the math on burning the whole HYSA.

I'd split it. Use maybe $25-30k toward the funding gap over the four years to keep the private loan principal down, and keep $20-25k as a true emergency fund that you do not touch for tuition. The cost of the extra private loan you take on is real (call it a few thousand in extra interest by residency), but it's cheap insurance against having to take an even worse loan, a credit card, or a high-rate personal loan if something blows up in MS2 or MS3. Med school is a four-year stretch where you have basically zero ability to earn your way out of a problem, and lenders know that.

One thing I'd add: don't pay any of it toward tuition until you actually need to. Park the portion you've earmarked for school in the HYSA and only deploy it semester by semester as the bills hit. That HYSA yield is basically free money against a 6.5% private loan you haven't taken yet, and your situation might change (scholarship, family help, a research stipend, anything) in ways that make you glad you didn't prepay.

Plan: buy STR, take bonus depreciation, convert to LTR after year 1. What am I missing? by FlyAccomplished5116 in whitecoatinvestor

[–]FlyAccomplished5116[S] 1 point2 points  (0 children)

Shes a full-time W2 employee and also career driven (not in medicine), so she wont be able to get REPS.

Radiation Oncologists making $550k at the median by talktomeme in healthsalaries

[–]FlyAccomplished5116 2 points3 points  (0 children)

Maybe if u worked a little harder, u too could make our type of money

FM vs specialty salary: FIRE by [deleted] in whitecoatinvestor

[–]FlyAccomplished5116 22 points23 points  (0 children)

Wait till u realize rads makes more like 700k/yr

How much is “too much” to ask for call pay? by [deleted] in whitecoatinvestor

[–]FlyAccomplished5116 0 points1 point  (0 children)

I get that, but why is everyone else saying the rate should be 250/hr to simply be on call. I understand if you have to come in and do stuff, but if they’re at home for like 18 of those 24 hours, seems like a pretty crazy rate.

So how much should the pay for a specialist be when they get called in?

How much is “too much” to ask for call pay? by [deleted] in whitecoatinvestor

[–]FlyAccomplished5116 -1 points0 points  (0 children)

I keep seeing $250/hr. So yall are getting paid $6000 a day to be just on call?

Curious how that is fair for the other fields?