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re: Investment help for young med student
Posted on 1/12/17 at 1:59 pm to tiger rag 93
Posted on 1/12/17 at 1:59 pm to tiger rag 93
Keep funding your Roth to the max allowed and you've done well. After residency you will be swimming in income, so I wouldn't worry too much about scrimping.
1
Posted on 1/12/17 at 3:17 pm to ELVIS U
I'm a few years out of residency and you are way ahead of most.
Honestly, here is my advice.
1. Both you and your wife need to try to max out as much of your Roth IRA as you can. That's it for now. Don't worry about anything else. WCI and boglehead have easy vanguard mutual fund advice or go to a low cost advisor if you have one.
2. Avoid other debt
3. Any other money you have, spend it. Enjoy you free time with your wife while you are young and before you have kids. Travel during your 4th year.
Honestly, here is my advice.
1. Both you and your wife need to try to max out as much of your Roth IRA as you can. That's it for now. Don't worry about anything else. WCI and boglehead have easy vanguard mutual fund advice or go to a low cost advisor if you have one.
2. Avoid other debt
3. Any other money you have, spend it. Enjoy you free time with your wife while you are young and before you have kids. Travel during your 4th year.
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