How to Become a Millionaire as a Physician
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...
There are so many ways to invest successfully that the most important thing is to just pick something reasonable and stick with it. But it’s key to know which approach to take and why you’re picking that option.
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...
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...
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...
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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...
By Dr. James M. Dahle, WCI Founder It is rare that I check out a book at the library and then end up wishing I'd bought it so I could keep a copy for future reference. Such is the case with The Truth...
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...
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