No -_- I myself am only minimally invested right now because I have no faith in the future of the markets and believe that the markets are too expensive, the price to earning ratios are sky high, the price to revenue ratios are amongst the highest it's ever been. The promised tax cuts to corporations are most likely not going to get passed, the assumption that tax reform will benefit the corporations is what sent the markets on a 2000 point Dow rally, once/if those don't pass, who knows what will happen? I'm running away from the markets right now. So no, I'm not going to tell you what to invest in 😛
As a general rule though, large funds are always safer options. Markets fluctuate, but if you're in, play the long term game and resist temptation to sell when the chips are down.
Too many posts to read on my phone but I'll offer some general advice:
1) You can absolutely pay off $300,000 of principal in a few years (like 3-5) post residency. The best way is to plan your finances, refinance your loans and not live outside your means. I know this because I am doing it right now. Depending on what you do, if you go to an area that needs you, you can negotiate or just be flat out offered bonuses to pay for your loans. Keep in mind these will be taxed so you will only see probably just over half of it but it is still nice!
2) Do whatever you can now to spend as little money as possible. This is the one thing I wish I would have done better in medical school (although I did not live crazy, I could have lived a bit more frugal).
3) Right now you can refinance student loans at a pretty good APR via multiple companies but given that rates are on the rise probably due to the election, who knows what it will look like in 7+ years. Case in point: don't make any big purchases until you are done with residency.
