The White Coat Investor

Why I Don't Go for 0% Financing Deals (Anymore) Do you use 0%-2% financing for purchases when available? There are much better things to do with your time than hunting down 0% financing deals. Once quantified, they just look like clipping coupons. #physician #finances #personalfinance #interestrates #credit #creditcards #vehiclefinancing #wci

Sometimes people are only halfway in with their advisor. They may be saying, "I'll invest this account and the advisor will invest that account and then after a while I'll compare and see if the advisor really knows what he's doing." That doesn't seem so illogical. Until, of course, you realize the role of an advisor isn't to beat the market, and it's easy (and appropriate) for either of you to match the market using index funds. Your investment advisor's job is the same as yours: Come up with a reasonable plan, fund it adequately, and stick with it for the long term. That's it. Nothing more. Nothing less. If you can do all that yourself, you don't need an advisor. If you can't, then use an advisor to help you do the parts you can't do yourself. Do you use a financial advisor? Are they managing your entire portfolio or only part of it? Looking for a good advisor at a fair price? Go to https://lnkd.in/gT9Z9yPg for our list of recommended FAs!

Join Dr. Dahle on Thursday, March 27 at 7pm MT for this free real estate investing webinar. WCI-partner Wellings Capital seeks to help accredited investors passively protect and grow their wealth through investing in self-storage, mobile home parks, RV parks, and more throughout the country. Tune into this webinar to learn more about investing in private real estate funds from Wellings Capital & head to https://lnkd.in/gN3zwiqu for all the details.

Toxic Work Environments, Avoiding Burnout, and Real Estate Questions Answering reader questions about what to do when your workplace turns toxic and how to protect yourself from bad employers and from losing your job, whether you should use an IRA to buy into your building, and 1031 exchanges. #physician #employment #unemployment #realestateinvesting #physicianwellness #wellness #physicianburnout #podcast #wci

The “don't buy stuff you can't afford” concept is so simple, yet the majority of Americans, and probably the majority of doctors, live with debt hanging over their heads. If we don't think you should buy a car on credit, we certainly won't advocate getting a boat, plane, second house, time-share, ATV, furniture, vacations, TV, etc. on credit, let alone takeout. If you can't use DoorDash or GrubHub without making payments, you can't afford to be using them, even if they don't charge interest. “Buy now, pay later” for your food delivery is not a fiscally responsible habit to develop. What types of debt are you willing to service?

Join Dr. Dahle tonight, March 27 at 7pm MT for this free real estate investing webinar. WCI-partner Wellings Capital seeks to help accredited investors passively protect and grow their wealth through investing in self-storage, mobile home parks, RV parks, and more throughout the country. Tune into this webinar to learn more about investing in private real estate funds from Wellings Capital & head to https://lnkd.in/gN3zwiqu for all the details.

The only returns that matter are after-tax, after-fee, and after-inflation. An investor has three very serious enemies: taxes, fees, and inflation. Most returns are reported as pre-tax returns. This is understandable since we all have a different tax situation. Some returns are even reported pre-fee for some bizarre reason, and almost nobody adjusts returns for inflation. Yet the only returns you can spend are after-tax, after-fee, and after-inflation. Get used to adjusting any returns you see for these three factors.

Should I Purchase an Annuity for My Child as Part of My Estate Plan? Never running out of money can be an attractive plan if you worry your child may run out of money. Is buying an annuity for them a good move? #physician #family #children #estateplanning #estateplan #annuities #spendthrifttrust #wci

Are you following these steps? Still working on your financial plan? Let us help you get started. Sign up to get our FREE WCI Financial Bootcamp email series. https://lnkd.in/gmfXCxgZ

The Many Different Kinds of Wealth How are you balancing the different kinds of wealth in your life? "I recently found a social media post that described four types of wealth and how to strive for all of them. Here's how it inspired me." #physician #wellness #physicianwellness #financialliteracy #health #financialfreedom #wealth #wci