Don opens the show with a deeply personal announcement: the release of his first novel, The Line Uncrossed, inspired by the life of his great-great-grandfather, a teenage Union soldier captured at Chickamauga and imprisoned at Andersonville. After sharing the journey behind the book, the episode shifts into listener Q&A covering the limited diversification benefits of international bond funds, skepticism toward direct indexing for retirees with taxable accounts, concerns about high-yield student loan investment schemes like Yrefy, ethical and practical issues surrounding Medicaid asset-protection trusts, and the surprising usefulness of adult-funded 529 plans as a backup Roth-style savings vehicle.

0:05 Don announces the release of The Line Uncrossed and shares the personal Civil War inspiration behind the novel

2:50 Q&A begins with a question about international bond funds like Vanguard Total International Bond ETF versus domestic-only bonds

6:11 Direct indexing in a taxable account: why the tax benefits may be overstated for retirees slowly averaging in

8:13 Skepticism about Yrefy and high-yield private student loan investing

10:52 Medicaid asset-protection trusts, ethical concerns, and simplifying investments for heirs

16:28 Using adult-funded 529 plans as a long-term tax-advantaged savings strategy with Roth rollover potential

Questions? Comments? Click!