What To Do With A Windfall- Friday Q&A Series
Q. What should I do with a windfall, such as a $500K inheritance from a long lost Uncle or a larger sign-on bonus than expected? A. Two of my favorite investing/finance books, The Bogleheads Guide To...
Q. What should I do with a windfall, such as a $500K inheritance from a long lost Uncle or a larger sign-on bonus than expected? A. Two of my favorite investing/finance books, The Bogleheads Guide To...
A reader sent me a link to a recent article published in Physician News Digest called "Doctors Betrayed By Traditional Financial Strategies." I felt there were enough inaccuracies and poor assumption...
Q. What are your thoughts on the newer leveraged index funds? For example, the ProShares UltraPro S&P500 (UPRO), which is 300% leveraged and therefore aims to achieve 300% of the daily return of t...
Q. In terms of Vanguard, are the ETFs really any cheaper than an admiral share mutual fund? I'm not sure the ER could really get any lower than 0.1%. I'd like to get in a pattern where my monthly con...
Those of you who have followed the blog for the last year or so know I've been "messing around" with a relatively new asset class in my portfolio, peer to peer loans through Lending Club and Prosper. ...
[Update: The Fiscal Cliff Bill of 2013 has made this post somewhat obsolete. ESA contributions have been increased back to $2000 per year and you can still use them for primary and secondary...
By Dr. James M. Dahle, WCI Founder This was a post on Sermo, with 437 responses in about a week. I'm going to cite what I thought were 15 of the best ones. The entire White Coat Investor site consists...
I was pretty excited to see that my 401K is moving from predominantly actively-managed mutual funds to predominantly index mutual funds. The best part is that several of the funds are ones that I alr...
[Editor's Note: This is a guest post I'm really excited about. Andy Walker, MD, FAAEM is a recently retired emergency physician. Like many of the best guest posts on this site, I solicited this one...
My last post discussed how I recently made partner and how this has given me additional income, expenses, risk, and personal financial complexity. In this post, we'll discuss the ways becoming a part...
Dave Ramsey is spot on with his advice about getting out of debt but I'd be very cautious taking investing advice from him or his endorsed local providers. Here are 4 reasons why he may be leading you astray.
Most variable annuities are too expensive for their benefits. Vanguard, however, offers very inexpensive ones. Most doctors still shouldn't use one though.
Last time I reviewed a great book, published originally in 2008, called The Gone Fishin' Portfolio by Alexander Green. In this post, I review his proposed portfolio. The Gone Fishin' Portfolio is a f...
I'm pretty hard on financial advisors on this site. That's because most of them are sharks, or at best, uneducated salesmen. My best estimate is that you shouldn't take advice from 90-95% of those m...
Financial conflicts of interest are omnipresent, especially when it comes to financial advice. There are a number of finance-related tasks that need to be done to manage your finances, and there are...