u/Present_Student4891

https://www.wsj.com/opinion/youre-probably-overinvested-in-bonds-1a498844?st=YZwGaz&reflink=article\_copyURL\_share

Did u guys see The Wall Street Journal op/ed about going 90% equity index ETF and 10% money market for anyone with $1m of investable assets (home value not included)? He calls them affluent investors. It was written by a MIT Sloan biz prof.

The writer’s logic is you’re giving up a lot of growth with bonds. The 10% money market is to cover living expenses during down years. He says that mkt declines usually don’t last longer than 3 years, and when the mkt booms, equities soon return to a higher level.

He says to survive this 90/10 mix, u need to not panic when mkts crash and remember that historically they recover to original levels in 2-3 years.

I’m an American living in Malaysia. My son has wanted to become a doctor since age 5, like his grandpa. So I knew it would be expensive and I started a 529 as he’d need 4 years of college, + 4 years of med school. He’s a good student.

But the plan changed.

My son decided to enroll in a 5-year Irish med school (approved by IRS & FAFSA) immediately after high school. The tuition and fees were much lower, so I over-funded the 529.

The problems I have with 529 is travel, tutoring, and likely U.S. licensing requirements are non-reimbursable. He has had to fly from Ireland to the U.S. for networking, plus to Malaysia for summers. He’s now starting a U.S. residency in June 2026, so his expenses will end soon. But I’ll need to pay his airfare, car, and apartment expenses to set-up his new life there. All non-reimburseable His salary will be $65k.

I know I can transfer a portion as a Roth to him, but that’s small consolation. My advice, better to underfund a 529 than over.

Overseas American (born & raised in Asia), moving to work in healthcare in Lawrenceville soon. What areas do you recommend to rent a 1bd apt? Safe, convenient, and generally easy drive to Lawrenceville? I’ve read Suwanee is nice. My credit check will be nil as I have never lived n the U.S. (except for vacations). Can provide landlords with US bank account and work contract though. T-U!