It is plain and simple. People can argue (and those who do usually make commission off of other funds), but the truth is… Index funds are king. I’ll give you six reasons why, though I bet you can tell me 10 more in the comments.
Month: July 2019
Some of you have been here from the beginning. My family started at a net worth of negative $208,000 when we finished training. Where do we stand two years later? You’ll have to read the post to find out.
I am a big fan of investing in index funds. Anyone who has read this blog for the last two years knows that. Yet, there is one individual stock that interests me more than any other. I could have written this post, but I didn’t. Check out what Physician on FIRE has to say in this Saturday Selection about Berkshire Hathaway.
I got really fired up after reading a post by WCI that mentioned money as a taboo topic in medical training culture. It’s time academic attending physicians made a change, took responsibility, and stopped sucking at our jobs.
I share some big news today at the end of the monthly checkout. Before that, I share some awesome posts that are worth your time. From burnout to financial independence to the impact of the student loan crisis on women physicians. It’s all in this month’s monthly checkout.
Why are you more likely to go to the gym after buying a membership? Why can’t you sell that car at a loss, even if it is what is best? Why do we buy insurance products on everything? Because you are afraid of loss, and it might be killing your finances.
I definitely don’t want to get called in the middle of the night when someone’s heater stops working… that’s just not for me. Is that actually the reality of investing in real estate? Does it take up that much time? It doesn’t have to, as you’ll find out in today’s WCI Network Selection.
Accumulating a decent savings isn’t actually the hard part… the hard part is keeping enough of it around to last during retirement. Will you fall to sequence of return risk? Or will you be prepared with the best asset allocation?
Should you save for tomorrow or live for today? It can be a challenging problem for many to figure out. Can we have our cake and eat it too?
Diversification, risk, and staying the course. These are some of the bedrock principles of investing. In today’s WCI network post, the White Coat Investor discusses one other key principle to investing success – limiting financial advisor fees.
Many have told me to podcast more often, and I am trying to listen. Maybe this will be my gateway into the podcasting world. Maybe not. Come check out the news as I discuss where you will be finding my podcasts more frequently in the future.
People often ask me for practical advice on getting started...