Under normal circumstances, a waterfall-like collapse in commodity prices would not be seen as “good news” for the economy’s near-term prospects. But these are not normal circumstances. A few weeks back I called the top in wage-related inflation pressures. I still…
You know Hancock and Washington and Franklin and Jefferson. You might even know Greene and Knox, Henry and Hale. And we know you know Hamilton, pretty tough to escape that one these days! But it is very unlikely that you know…
Photo credit: jb While many folks would tell you that it can be a good idea to make non-deductible contributions to your traditional IRA, I believe it’s in the “Bad Idea” category for most situations. This is primarily due to the…
By Alaina Trivax, WCI Columnist If you have kids, you know that toddlers are not to be trusted. What’s that? A moment of quiet? Oh, wait. Your little guy is taking a marker to the new dining room chairs. Cool. My…
By Josh Katzowitz, WCI Content Director The last sustained bear market that became a recession came roaring into our lives in 2007-09 when the real estate bubble burst and the fallout nearly turned into another Great Depression. If you’re under the…
“The industry and these companies are shrouded in mystery. In that situation, history tells us that there will be all sorts of risky behavior, fraud, and deceit,” says John Reed Stark, a former chief of the Securities and Exchange Commission’s Office…
By Dr. James M. Dahle, WCI Founder By Dan Miller, WCI Contributor In general, you should self-insure whenever possible and then insure really well against the financial catastrophes out there. Your refrigerator dying or your iPhone being lost are not financial…
One of the main reasons why people delay having children is its cost. Rising prices for daycare, preschool tuition, and shelter plus the opportunity cost of not working, partially explains why our population replacement rate is declining. The cost of raising…
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Felix Salmon, and Downtown Josh Brown discuss financial media, the state of FinTwit, Elon Musk, leverage in crypto, the art market, billionaires buying sports teams, and much…
[Editor's Note: Deadline alert! Tomorrow (July 2) is the last day you can apply to be a speaker at the 2023 Physician Wellness and Financial Litearcy Conference. Over the years, we’ve had dozens and dozens of fantastic speakers at WCICON who…
This is the hard part. The shock of being in a bear market wears off quickly. Some stuff blows up and the losses are not evenly distributed. Some stuff looks okay – defensive stocks, utilities, etc. Down but not down and…
Today, we have two women physicians on the podcast to enlighten us about all things financial in relation to fertility treatments, which is a huge issue among physicians. They explain fertility challenges are twice as common among physicians as it is…
There are three must-have amenities when I buy a home. A hot tub, a deck, and Toto Washlets (bidet). With work-from-home here to stay for millions, having both a hot tub and a deck can dramatically improve your quality of living.…
Michael and I will be on This Week in Startups with Jason Calcanis and Molly Wood today at 2pm Eastern. It’s happening as a simulcast on both their YouTube channel and ours. We’ll talk about the state of early stage investing,…
By Dr. Joy Eberhardt De Master, WCI Columnist It was 2016. The year of the US presidential election. The year the Cubs won the World Series. The year my grandfather died weeks before I gave birth. It was also the year…
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Has Inflation Peaked? – Inflation sucks. It’s the reason why…
[Editor's Note: In honor of Jim Dahle’s birthday, The White Coat Investor wants to give you a gift. Starting today and going through July 11, we’re taking 20% off all WCI courses! If you want to officially get started on your…
By Dan Miller, WCI Contributor A Health Savings Account (HSA) can be one of the best investment options available to savvy investors. In addition to its stated purpose as a tax-free way to save on medical expenses, it is also a…
Food costs a lot more today than it did a year ago due to rising inflation. But what’s really going on in the US agriculture industry? Let’s take a look at what global trends are impacting the market with some insights…
Photo credit: jb So you have a substantial IRA (or several IRAs), and you’ve retired. For the first time since you started your career, you’re in a low tax bracket. You’re not age 72 just yet, so you don’t need to…
By Dr. Anna McKeone, Guest Writer Even for early- and mid-career investors, most respected asset allocations recommend holding bonds. This recommendation is based on the idea that bonds do not fluctuate as much as stocks, and it's to the point where…
By Dr. James M. Dahle, WCI Founder My ACEP NOW article from a few years ago was about buying a home. It's no secret that I was on my third home (and my eighth mortgage at the time) and that the…
Recently, I was told by a producer of a certain podcast that I was being overly frugal. This comment came after an interview covering my upcoming book, Buy This, Not That was done. I had thanked her over e-mail and also…
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Howard Lindzon, Packy McCormick, and Downtown Josh Brown discuss fintech and the future of web3, venture capital, and much more! You can listen to the whole thing…
[Editor's Note: If you’re worried about unsettled markets, investing in real estate is a great way to diversify your portfolio. And partnering with DLP Capital could be your entry into a brand new world of investing! DLP’s funds have historically had…
Today on the podcast, we talk about when it is time to stop being so cheap and when to loosen the purse strings. For those of us that spend the many years of residency and early attending years being extremely frugal,…
Whether you are a fake retiree, a traditional retiree, or someone with a day job, cash flow is more important than net worth, especially during an economic downturn. Net worth is often an illusion that only helps to boost your ego…
I did an interview about what we have planned for the hottest investment conference of 2022, the inaugural Future Proof festival, coming to Huntington Beach, California this September. Thousands of people will be there. So will every relevant company in fintech,…
By Nathaniel Arana, Guest Writer There is a dynamic shift in the healthcare arena where insurance payers are willing to negotiate reimbursement rates for small and mid-sized physician groups. The reason for this is because insurance payers are starting to realize…
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►The -80% Club – The market for bullshit peaked in…
By Dr. Rikki Racela, WCI Columnist Yes, you read that headline right. I made a five-figure sum last year doing online surveys for medical professionals. How did I accomplish such a feat? How did I make an extra $30,000 in a…
When my firm’s Director of People Operations informed me that the New York Stock Exchange (and Nasdaq) was to be closed for the first time on Monday, June 20th to commemorate the Juneteenth holiday (which, this year, fell on a Sunday…
[Editor's Note: We’re a few weeks into 2022 WCI Medical School Scholarship season, and we’ve already received dozens of applications from talented and motivated students. Now, we need your help in giving away tens of thousands of dollars. If you’re a…
Are you a stay-at-home father or father who spends a lot of time with his children? If so, you may be second-guessing your decision to spend so much time with them during their early years. Without some reciprocating love, you might…
By Josh Katzowitz, WCI Content Director One of the first things I remember writing as a kid was a short story about Abraham Lincoln, John Wilkes Booth, Ford’s Theater, and how I invented a time machine to go back to 1865…
As a blogger since 2009, I love blogging. As a real estate investor since 2003, I also love real estate. Therefore, I thought it would be smart to do a real estate versus blogging showdown! Exactly which is a better investment?…
By Dr. James M. Dahle, WCI Founder In chess, there is an opening, a middle game, and the end game. Given our mortality, there is also an end game in investing. Today, we'll address it. Our subject comes from an email:…
In the past, I used to think the best house floor plan for a family with young kids was all on a single floor. The house would have 700 or more square feet per person and be spread out over a…
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Eric Jackson, and Downtown Josh Brown discuss growth investing, Cathie Wood, accelerating layoffs, the state of crypto, the Fed’s decision, Eric’s favorite stock ideas, activist investors, and…
[Editor's Note: WCI is proud to introduce our newest real estate partner, Jax Wealth Investments, one of the most successful build-to-rent ventures in the US. For white coat investors who are looking for an alternative to the stock market, Jax Wealth,…
Our guest on the podcast today is Jon Ostenson. He is a very successful franchise broker. He's also an investor, an author, and an international speaker. He specializes in an area that he calls non-food franchising. You're probably familiar with a…
In February 2012, I decided to negotiate a severance to break free from corporate life. By mid-June 2012, I had received a severance check and the last of my three months of WARN Act pay. Ten years of fake retirement later,…
Today we hear from the Federal Open Market Committee as Fed Chair Jerome Powell & Co announce the latest tweak to their monetary policy for the overnight Federal Funds interest rate. I’m on CNBC at the closing bell every Wednesday for…
[Editor's Note: For more than 35 years, MLG Capital has been preserving investor wealth while also producing fantastic income for its private real estate investors. Now, for the first time, WCI is partnering with MLG, and we couldn’t be more excited…
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Bear market becomes official – How many bear markets have…
By Dr. James M. Dahle, WCI Founder As part of the Tax Cuts and Jobs Act (TCJA) of 2017, a limitation was placed on a very important itemized deduction for doctors and other high-income professionals: the State And Local Tax (SALT)…
Inflation, like a boa constrictor, is squeezing us most noticeably at the grocery store and at the pump. Beyond tightening our budget, staying patient until prices eventually decline, and growing more passive income, what else can we do? Today’s post is…
The reality is that for anyone who knows how to read a chart it’s been very obvious that this is a bear market. Even if the bear market didn’t become “official” until just now. A majority of stocks in the United…
While there are many reasons that it may be in your best interest to pay tax and convert funds from a traditional IRA to a Roth IRA, there are a few situations that you might want to keep in mind as…
[Editor's Note: The Peak Housing REIT is growing at an enormous rate, and it wants White Coat Investors to come along for the ride. Dr. Jim Dahle is already an investor in the fund, and he, along with hundreds of other…