Photo credit: jb I received the following question from a reader. It’s a unique situation that you may find interesting, so I thought I’d share the interaction with you: Here’s my situation, this year I started with the following: (A) Rollover…
Is this chart going up or down? It’s not a trick question. Just look at it and tell me what the primary trend is. You’d be amazed at how many financial advisors, insurance brokers acting as financial advisors, financial planners, wirehouse…
[Editor's Note: Today is the last day to learn how to launch and build a new path toward more financial security in only a few weeks. By signing up for Expert Witness Startup School, you can leverage your skills as a…
By Josh Katzowitz, WCI Content Director If you’ve followed The White Coat Investor for any length of time, you know that this site has certain philosophies that it extolls. We’ve written over and over about living like a resident until your…
I like the way Ari Wald at Oppenheimer frames the current technical set-up for the S&P 500. Now we’re caught between the declining 200-day and the rising 50-day – the latter might be the next major pivot point for short-term traders…
[Editor's Note: Only four days remain for you book a consult with Andrew Paulson at StudentLoanAdvice.com for the bargain price of $479. The White Coat Investor-affiliated StudentLoanAdvice.com opened in early 2021, and already Paulson has helped hundreds of physicians manage and…
Have you ever wondered what the ideal income is to live a comfortable life before retirement and after retirement? Well, look no further than the student loan forgiveness income threshold of $125,000 per individual and $250,000 per married couple. On August…
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Devon Drew, and Downtown Josh Brown discuss Jackson Hole, Adam Neumann’s new venture, crypto regulation, the best performing stocks since March 2020, using AI in asset management,…
[Editor's Note: There are only a few weeks left to register for one of the top medical conferences of 2022. It’s PIMD’s Financial Freedom Through Real Estate Conference, and it’s happening September 23-25 in Los Angeles (and virtually). With several prominent speakers…
I will be on Portfolio Rescue TODAY at 11am EST! Ben and I will be discussing inflation-linked bonds, diversifying fixed income exposure, prospecting for younger clients as a financial advisor, selling or HODLing, allocating to bonds as a young person, and…
Today, we are talking about ways for physicians to make some money outside of their typical clinical work. We have covered side gigs many times on the blog, but we thought a reminder here on the podcast would be useful. We…
If you’re in the market for a vacation property you will likely have to decide between purchasing a single-family home or a condo. However, what if you have enough money to buy a single-family mansion for $10+ million versus a condo…
[Editor's Note: One smart way for a white coat investor to get involved in the real estate game is to invest your money into a REIT. And one of the best ways WCI knows how to do that is to partner…
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 Bounce – “The S&P 500 has retraced 53% of…
[Editor's Note: Don’t allow volatile markets to cause you to panic. Instead, DLP Capital wants you to invest with confidence. With its real estate investment strategies, the long-time preferred partner of The White Coat Investor offers cash flow, consistent double-digit returns, and…
Michael and I will be appearing at MarketWatch’s Best New Ideas in Money Festival in mid-September. We’re taping a live episode of our podcast, The Compound and Friends, and the audience gets to hang out and be a part of it.…
Sharing this chart from Guggenheim showing that the S&P 500’s bear market bounce literally stopped on a dime and was turned away at the 200-day moving average. It’s almost too perfect. We manage our tactical portfolio based on technically-oriented rules not…
Quiet quitting is taking the younger generation by storm, especially those on TikTok. The idea behind “quiet quitting” is to do no more than what’s asked of you at work and then check out. Once you’re out of the office, there’s…
By Alaina Trivax, WCI Columnist This past April, my husband and I celebrated reaching a net worth of $0. We are now “back to broke!” Brandon, my husband, is employed by a Physical Medicine and Rehabilitation private practice; I work as…
[Editor's Note: You want to know what’s so valuable about working with Jax Wealth Investments? It allows you to invest in new construction in high-growth, desirable neighborhoods that provide a great home for the tenant while also maximizing landlord profit. The…
Although about 30% of my public equity portfolio is invested in individual stocks, I don’t recommend the average person invest more than 10% of their portfolio in individual stocks. The main reason why is because it is hard to outperform the…
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Joe Terranova, and Downtown Josh Brown discuss why you should leave politics out of your portfolio, the latest meme stock rug pull, the right market P/E, Joe’s…
[Editor's Note: If you’re looking for a new gig that can create more financial security, enrollment is now open for a four-week course that will teach you all you need to know about the expert witness business. From now until August 29,…
Today, we cover a variety of your questions. We talk about when it is worth passing cash through a 529 account and if you should use 529s to fund K-12 education. We talk about how interest on I Bonds works and…
Given inflation and mortgage rates have gone up aggressively since August 2020, was getting an ARM back then a bad move? Maybe. But I’ll argue probably not. Let me reason why. One of the best things about running Financial Samurai is…
[Editor's Note: How prevalent is self-storage in the US? There are just as many self-storage assets (more than 53,000) as there are McDonald’s, Starbucks, and Subways combined. If you’ve ever thought about investing in self-storage, check out Wellings Capital. Along with…
[Editor's Note: For those interested in applying for the WCI Medical School Scholarship, the deadline of August 31 is beginning to draw near. As of this writing, nearly $80,000 is available for those professional students who are in good academic standing…
If you’re thinking about driving a cheap old car, I think you should. The benefits of driving one far outweigh the joy of driving an expensive new car. Something disappointing happened on the last day of our Lake Tahoe vacation. After…
By Dr. James M. Dahle, WCI Founder I get accused all the time of being anti-insurance. Nothing could be further from the truth. While I'm no fan of mixing your investments with insurance—via high-commission products like whole life insurance, variable universal…
By Josh Katzowitz, WCI Content Director Located between the L’Artisan des Glaces gelato shop and the L’Esprit de la Provence store, my daughter spotted her next purchase. She stepped into the Les Halles boutique/patisserie and made her choice. It was June…
By Eileen Derks, SVP, Head of Mortgage at Laurel Road; A 2022 Platinum WCI Medical School Scholarship Sponsor Since the beginning of 2022, the Federal Reserve has raised mortgage rates multiple times in an effort to curb inflation. After staying at historic lows…
One of the reasons why I will never remodel again is because I hate dealing with contractors and building inspectors. It is an unfair playing field because they hold more power even though the homeowner is the one with the funds.…
Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Alex Morris, and Downtown Josh Brown discuss earnings, the jobs recovery, Netflix and the streaming wars, the bull case for Meta, the worst investing advice ever, and…
[Editor's Note: Since the beginning of 2021, hundreds of physicians with student loans have sought help from Andrew Paulson at StudentLoanAdvice.com. The reviews are in: StudentLoanAdvice.com, a WCI company, can save you significant money. From now until August 31, meet with…
Today, we are answering a big variety of your questions. We tackle subjects like capital gains, disability policies for mental health, debt funds, enhanced cash management portfolio, title insurance, and more. We always want the podcast to be directed by you…
What is the one thing you can do today to ensure better financial decision making, habits, and outcomes? You can build and maintain a holistic financial plan. And one way to do that step-by-step is using the NewRetirement Planner. It’s been…
The Federal Reserve’s recent attempt to check inflation has been somewhat successful and some macro factors have also gone its way. This morning’s CPI bolsters the case that falling gas prices are helping to ease the overall situation. The inflation rate…
By Eric Rosenberg, WCI Contributor If you like saving and investing for retirement with Vanguard, you’re in good company. Vanguard is one of the largest fund management companies in the world with a total of $7.5 trillion in assets under management…
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: ►Was that it? – Epic bounce. Stopped at Vix 20…
[Editor's Note: With medical school classes set to begin for the new school year, we have the perfect gift for those students who want to learn about finance. With the success of our book, “The White Coat Investor’s Guide for Students,”…
Why did the stock market bounce this summer? Everyone has their explanation: The Fed might pivot! Inflation readings have now peaked! Oil prices are down 25%! China is ending the lockdowns! The labor market is staying strong! Earnings are still coming…
Photo credit: jb In other articles we’ve covered how a typical annuitized pension triggers the Windfall Elimination Provision (WEP), but how about a lump-sum pension payout? How does this work? How is the amount of the “pension” determined for the WEP…
The reason why the terms “starving artist” or “starving writer” exist is because they are true. It is very difficult to make money in the arts. However, if you want to be a professional writer and not starve, let me provide…
[Editor's Note: With the stock market teetering in bear market territory, you can count on MLG Capital to know how to weather the storm. Building its reputation over the past three decades, MLG provides its investors with diversification, smart leveraging tactics,…
One of my goals on Financial Samurai is to share different perspectives. Roughly 15% of the world’s population (1+ billion), lives with some form of disability, of whom 2-4% experience significant difficulties in functioning. This is the minority group I’m most…
By Dr. James M. Dahle, WCI Founder You need not assume by this post that I have anything against you using a reverse mortgage or that I think they are a bad product and those who sell them should get some…
[Editor's Note: Mark your calendars! It’s time to start planning to attend this year’s Financial Freedom Through Real Estate Conference (PIMDCON) September 23-25. With the stock market wavering and inflation at 40-year highs, there’s never been a better time to attend…
Paying off a mortgage with a negative real interest rate is a suboptimal financial move. However, that’s exactly what I did in this unusually high inflationary environment. Bad move? Maybe. The mortgage rate was a 30-year fixed at 4.25% and the…
Today, we are going to review the basics of how to set up your portfolio. This can feel like a big and overwhelming job at the front end, but if you follow some basic steps, you will see there really isn't…
Mining crypto is hard. Investing in crypto is risky. Too many of us are left out of the cryptocurrency revolution. Pi makes crypto mining easy Pi is the first phone mining coin. Breakthrough tech allows you to mine Pi coins on…
