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"I have frequently told physicians and dentists that the first really good personal finance and investing book you ever read is likely to be worth $2 Million to you over the course of your life... This is a $2 Million book." ~ James M. Dahle, MD (The White Coat Investor)
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There has been a lot of focus on FIRE (Financial Independence Retire Early), but I am here to tell you that you can experience a lot of the benefit of FIRE before you get there. In fact, I’d argue FIRE can be detrimental to your life, and that partial FIRE could prove to be a better solution…it just might solve your problems.
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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.
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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.
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Getting started is sometimes the most challenging part of a “set it and forget it” investing model. Which retirement accounts should you use? And, in what order? Today’s post is here to help you out.
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People often ask me for practical advice on getting started with investing. Given the fact that many people have just transitioned to new jobs, I thought I’d give you my approach to figuring all of this stuff out through a technique I like to call Waterfall Investing. However, before I can answer that, we must first answer, “How much money should I be saving each year?” This post will serve as a Part 1 for
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Have you ever considered what you would do with your job if money didn’t matter? What if you were financially independent? Some would stop work immediately, while others would continue their every day routines. Here are the top 5 reasons to keep working after financial independence according to Physician on FIRE.
