Managed Futures in Asset Allocation Depends on Stock/bond Correlations I’ve been exploring adding trend following (managed futures) to my asset allocation. With higher interest rates, the correlation of stocks and bonds becomes less negative. During periods of low correlation […]
Retiring Physician Checklist Physicians love to make lists and check off stuff. ABG, check. CXR, check. Notes and basic hygiene… later. What about retirement? What items do you need to check off in your retiring physician checklist? Retirement planning starts […]
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 […]
AI Better Than ID 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 as […]
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 […]
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 […]
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 […]
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 […]