Three Cool Tricks with Annuities
As a general rule, annuities are an inferior investment vehicle. You ought to have a really good reason before you purchase one (and the usual one used to market these to physicians, tax avoidance, i...
As a general rule, annuities are an inferior investment vehicle. You ought to have a really good reason before you purchase one (and the usual one used to market these to physicians, tax avoidance, i...
Variable annuities (VA) are an insurance product that is best described as a mutual fund wrapped in an insurance wrapper and covered with fees.
There are lots of financial benefits of being a doctor in the military. Very few of them are easy to understand, however. Unlike in the Vietnam era, our citizens and politicians are currently very k...
By Dr. James M. Dahle, WCI Founder In my last post, I talked about how excited I was about C Corporations after learning some more about them in a book. Then reality set in. The more I read, the more...
I was recently reading Incorporate and Grow Rich, a book which I'll review in a separate post. The more I read the more excited I got about C corporations and their benefits. Then I started realizin...
This will be the first in what is likely to be a long, but intermittent, series of posts designed specifically for the military physician. As a former military physician, I'm well-aware of the huge f...
This is a continuation of the last post, where I discussed my personal asset allocation, and answers some frequently asked questions about it. Why 75% stock? Benjamin Graham, in The Intelligent Inves...
I've had a number of requests to discuss my own asset allocation, as if there is something magical about it. A true internet sleuth would have found it already, as it has been posted before, but it w...
I recently received a request from a reader that I write a bit about municipal bonds. I'm not a huge fan of municipal bonds for several reasons I'll list out below, but first, a brief description for...
By Dr. James M. Dahle, WCI Founder This is part of an ongoing series evaluating the merits of popular static asset allocation portfolios. I had heard vaguely of this portfolio, and then had it recomme...
I've learned a few things recently as a result of becoming an unintentional landlord. After trying to sell my previous home for well over a year without success, I turned it into a rental property. ...
I think I live in the scam capital of the world. It seems not a month goes by that some local pyramid scheme isn't uncovered. There are even billboards on the freeway teaching residents how to avoid...
Peer to peer lending as an investment is new, and there isn't much data out there. To make things worse, the companies occasionally tweak their methods for rating loans, their methods to decid...
Jeremy Grantham's firm GMO makes a monthly "7-year Forecast" which has been reasonably accurate over the years. It is primarily valuation based. For example, here's the most recent one: These are es...
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.