The Index Fund Revolution Comes To My 401K
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...
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.
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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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 About Buying Annuities by Steve Wei...
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...
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...
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