When they are offering something such as mortgage forgiveness, it grounds some one as if you and make decisions in another way and that is named ethical possibility

Dr. Jim Dahle:
Now, would I recommend that? No. What I recommend, if you have money that’s not in retirement accounts, I would use that for medical school. $60,000, whether you spread that out 15 a year or whatever, and that keeps you from taking out private loans or whether you front load it and use it to pay for the first year so that you don’t have to start taking out loans and that interest doesn’t start piling up on you until your second year. That’s probably what I would do.

If they are offering something like mortgage forgiveness, it reasons individuals like you and then make conclusion in a different way in fact it is titled ethical possibility

Dr. Jim Dahle:
If I was starting med school and I had $60,000, I would use it to pay for med school. You’re investing in yourself. That’s going to be a way better investment than anything you can invest in financially. So, I would use your money to payday loans in Michigan pay for med school. That’s what I’d do.

When they’re providing something such as loan forgiveness, they explanations anyone as you and work out behavior in different ways that’s called ethical chances

Dr. Jim Dahle:
Now, whether you do it all at once, or whether you spread it out over a few years to try to improve the types of loans you get, that’s what I would do. But is it possible you can come out ahead through this moral hazard? I’m not saying you’re immoral, that’s not what the word means. It’s an economics term.

When they are giving something such as loan forgiveness, it explanations some one as you and make choices in different ways which will be called ethical issues

Dr. Jim Dahle:
So good luck with that decision, but those are the things to keep in mind as you make it.

While they are offering something such as mortgage forgiveness, they factors anyone as you and come up with conclusion in a different way which is called moral possibility

Dr. Jim Dahle:
All right. Let’s take a question now about ETFs. This one comes from Tim, who I think all of you know pretty well.

Tim:
Hi, Jim. This is Tim in Salt Lake City. Is it okay to buy ETFs with market orders? I know that you’re supposed to buy when the spread is relatively small, so ideally in the middle of the trading day. But I’ve also heard that limit orders may protect you from things like flash crashes or large spreads. But honestly, putting in limit orders is kind of annoying. So, I wanted to get your take on whether you think market orders are okay, or whether limit orders are worth the extra effort.

Tim:
The second question, a little mini question, is what do you think about buying an ETF by the dollar as opposed to by the share? Now, many brokerages are offering partial or fractional ETF shares. And so, it’s nice to put in just a dollar amount and buy that amount. Is that okay or somehow, they’re getting a hidden fee in there with those? Thanks, bye-bye.

When they’re giving something like financing forgiveness, it factors some one like you making behavior in a different way that will be named ethical danger

Dr. Jim Dahle:
Tim, that’s a great question. Let’s do the first one first. Limit orders or market orders. When I first started trading, ETFs is what is technically called. I don’t actually really trade them. I just kind of buy and hold them and occasionally tax less harvest them and occasionally donate them to charity.

When they are offering something like financing forgiveness, it explanations some one as you and also make decisions in another way and that is titled moral hazard

Dr. Jim Dahle:
But when you do that, everybody says put in limit orders so you don’t get burned. And so, I put in limit orders. And sometimes it’d execute right away, like when the price was falling and when the price was going up, it wouldn’t execute. And then I’d have to go back in and put another limit order in and put another limit order in, and I’d do it three or four times and end up paying 25 cents more than when I first put the order in. And I was super annoyed about it.