5 Reasons I Don’t Invest In Bitcoins
Bitcoins are for speculating, not investing. High-income professionals can easily reach their financial goals without speculating.
Bitcoins are for speculating, not investing. High-income professionals can easily reach their financial goals without speculating.
This post evaluates 8 different aspects of investing to determine which is the better overall investment — stocks or real estate.
By Dr. James M. Dahle, WCI Founder There are two cities in this world that always make me feel poor, no matter what my income when I go there, London and New York City. I returned recently from a very...
[Editor's Note: Regular readers know I'm not a huge fan of whole life as an investment and generally recommend against it in most situations. However, it is not without its benefits which make it su...
Should you add another asset class to your portfolio? Here are the factors to consider in making your decision.
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
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I recently had an article published on The Student Doctor Network (SDN) entitled Financial Considerations For the Student Doctor. It is aimed squarely at medical students and their financial needs, b...
I love it when people write personal finance and investing books aimed at physicians. I love it even more when they are written BY physicians FOR physicians. I am far more forgiving of differences o...
The goal of investing isn't to beat your neighbor or the S&P 500. It's to reach your goals. You'll need to defeat inflation, taxes, and expenses to do so.
Investors and dieters have many things in common. Getting rich and getting skinny both take a long time. Don't look for shortcuts.
How much is a new residency graduate worth to a prospective employer? Here's how to get paid what you're worth and stop leaving money on the table.
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One nice little benefit of being a blogger with an audience of decent size is that from time to time people offer you free stuff in the hopes that you'll like it and say something nice about it on the...
Larry Swedroe says 3% is the new 4% (safe withdrawal rate). Here are 6 reasons I don't care.
What do you need to know when implementing or changing a small business retirement plan? Konstantin Litovsky discusses it here.
By Dr. Matthew McDougall, Guest Writer Like all areas of the military, the Army National Guard (ANG) needs doctors. I'm sure you've seen the commercials for the Guard before—one weekend a month and tw...
I don't want my children to be saddled with student loan debt but I also want them to learn to be hardworking and self-reliant. Here's how to help THEM pay for their college.
After much thought, our portfolio is changing this year from one reasonable portfolio to another. We'll see how it goes. Update in a decade.
Here are 8 steps to automate your financial life and help you reach your goals of financial freedom.
Rich people don't "manage" debt. They eliminate it. Not stupidly, but reasonably and consistently. It's a behavioral thing, not a math thing.
Disability insurance is crucial insurance for the vast majority of physicians to secure. Buy it right the first time, and you may never have to do it again.
The Roth IRA is a great start for building your nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.
Medical school may not have taught you about money, but we will.
We will never sell your information. Modify your preferences or unsubscribe at any time.
Get ready to take control of your financial life. You can do this, and we can help.
We won't sell your information. Modify your preferences or unsubscribe at any time.
Peer to Peer Lending (P2PL) is a relatively new asset class I've been investing in for a few years with good success. The risks are high, but the low correlation with the rest of your portfolio coupled with the high returns make it worth looking into.
People often tell you that you'll be super happy once you're financially independent. They might not know what they're talking about.
New residents have a big desire to buy a house. But it's a gamble of your time and money at a period of life when you have little of either.
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
In broad strokes, asset protection includes tax saving, estate planning, and even investment strategies, and it will help preserve your nest egg in case of a malpractice suit. See Posts
Estate planning is the process to ensure that your assets go where you want after your death, that your desires are carried out after you can no longer make decisions, and that the estate taxes you pay to the government are minimal. See Posts
Whether it's life, disability, auto, home, or malpractice, high-income professionals need insurance to make sure life's biggest costs don't substantially hurt their nest egg. See Posts
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. See Posts
Beginning your financial journey and learning about personal finance can seem awfully overwhelming. But instead of trying to solve the entire puzzle at once, it'll be easier (for your mind and for your psyche) to break it down into sections that are more easily digestible. See Posts
Ownership matters, whether it's owning profitable companies, owning your own home, or owning your job. Most of the time, medicine is better—for the docs and for the patients—when docs own their jobs. See Posts
A full, happy, comfortable retirement is where so many WCIers have been aiming since they began working. The main questions: what's the best way to get there, and once you arrive, how do you begin to live and fund your new life? See Posts
While it's entirely possible to finish an undergraduate education debt-free, it's become less likely that physicians and other high-income professionals can do the same. That's why it's so important to know how to manage student loans and the programs that provide student loan forgiveness—especially in a political world that constantly makes changes to them. See Posts
Recent studies show that more than 50% of physicians have experienced burnout, marking a notable increase in the past decade. This trend is alarming and shows why the intersection of burnout and how high earners can keep themselves healthy has never been more pertinent. See Posts