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.
Stanley and Danko, in their classic The Millionaire Next Door, discussed a rule of thumb to determine if you were an average accumulator of wealth, an under-accumulator of wealth, or a prodigious accu...
[FOUNDER'S NOTE: Reading Bill Bernstein's 4 Pillars of Investing changed my financial life. I've since followed his writings and career and even met him at a Bogleheads Convention. He agreed to write...
The best way to manage individual stock (or bond) risk is to have a diversified portfolio. Here are the five biggest errors I see in portfolios with respect to diversification and how to solve them.
How much money will you need to retire? Here are 9 reasons it may be a lot less money than you think.
Remember when you were a second year medical student studying for the USMLE? There was a company out there that made a series of books entitled "High Yield _____________". There was High-yield Embry...