By James M Dahle, MD, Emergency Physician, WCI Founder Vanguard recently published a study taken from their internal data about how retail investors invest, called How America Invests. They looked at the holdings of 5.1 million households with a total of $2 trillion in their accounts. Since Vanguard is the largest mutual fund company, this data can be somewhat generalized ...

By James M Dahle, MD, Emergency Physician, WCI Founder Q. I want to eventually retire with a healthy nest egg for me and my family. My accountant says I should invest in the stock market, but that sounds risky. Isn’t Wall Street just a giant casino? A. Given all of the market gyrations and shenanigans that occur on Wall Street ...

[Editor’s Note: Purchase any White Coat Investor online course now through July 12 and receive 10% off and a free t-shirt with code WCIJULY10! Sale pricing includes our Continuing Financial Education courses and our flagship Fire Your Financial Advisor (either with or without CME).] I got this question by email. Q. “What do you think of this reasoning by Ray ...

The rate of inflation went up this Spring and that has caused some significant fluctuations in the market as well as a lot of talk about inflation. Given the fact that inflation has been low for so long, novice and young investors may not know a lot about inflation, so today we’re going to take an in-depth look at it. ...

This podcast is all about you and what you want to talk about. Today it is investments. How do you calculate return on investment? What is the best way to use a UTMA account? Why shouldn’t you go 100% TIPS? Which is better for investing, dollar cost averaging or lump sum? These are the topics we discuss in this episode. ...

One of the underlying themes of this blog is that the vast majority of doctors don’t make THAT much money since typical physician incomes range from $200-400K per year. Doctors in this income range are far more similar to their engineer, attorney, accountant, or small business owner friends than they are to investment bankers and Taylor Swift. Estate planning issues ...

In 1998, Bill Schultheis wrote a simple investment book for people who felt overwhelmed by the market. The Coffeehouse Investor inspires readers to follow a low-stress way to financial security. Long before the White Coat Investor, Bill was preaching that when you simplify your investments, you end up getting better returns. This gives you more time for family, friends, and ...

[Editor’s Note: Join Passive Income, MD Today, 4/24 at 3 pm MST, for a FREE masterclass, How Doctors Can Invest in Real Estate Without Being a Landlord. Also underway this weekend is the WAITLIST SALE for the Passive Real Estate Academy (PREA). Join the waitlist by 10 pm MST Sunday, April 25, and save $200 off the course. PREA is a ...

[Editor’s Note: PIMD started a debate this week about which is best — real estate or stocks. Those of you following along know that I believe a reasonable answer is to include both. If you want to add private real estate to your portfolio, consider investing alongside me with DLP Capital Partners. DLP currently is offering: an equity fund, which ...

Podcast #206 Show Notes: 10 Commandments for Financial Independence The White Coat Investor went up into the Mount and out of the burning bush came a finger which engraved on the stone tablets the following 10 commandments. Okay, the 10 commandments discussed in this episode are not quite as good as those that were given to Moses, but this is ...

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