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The White Coat Investor

Welcome New Readers!

Welcome to The White Coat Investor website! We have a lot of fun here while we help each other to avoid doing dumb things with our money. All the information on the site is 100% free to you. There is a ton of information here, and I understand it can be overwhelming to the first timer, so I suggest you start here with this page. Thanks for stopping by and good luck with your finances and your practice!

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The X Factor

Financial knowledge isn't enough. Without the X Factor, you'll never reach financial success. Motivation breeds hard work and discipline, which in turn breed wealth.

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12 Questions to Ask Before Purchasing Whole Life Insurance

Should you buy whole life insurance? The short answer is, "Probably not." This is a product designed to be sold, not bought, where 80% of its purchasers eventually regret their decision. Are you one of the exceptions? Read this post to find out.

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Backdoor Roth IRA Tutorial

I'm still getting frequent questions on how to do a Backdoor Roth IRA. So I thought I'd put together a basic, step by step, tutorial people can refer to when they do this. Most physicians should be using a personal and spousal Backdoor Roth IRA. That means contributing to a non-deductible traditional IRA, then converting it to a Roth IRA. Beware the pro-rata rule, however.

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Student Loans vs Investing

One of the most common questions and debates among blog readers is what to do with excess income- pay down debt or invest. There are a lot of considerations that go into this question, and there isn't necessarily a right answer for any given person at any given time. Read these guidelines to help you make your decision.

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150 Portfolios Better Than Yours

As investors move from their investment childhood through the teenage years, many of them seem to almost become fixated on designing the perfect portfolio. They've learned the importance of buy and hold, the importance of keeping costs low, and the importance of using passive investments over active ones. But investing is far more about sticking with a good enough portfolio than continually searching for the perfect one. Chances are, these 150 portfolios are all better than yours. Pick one and stick with it.

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How To Be A Do-It-Yourself Investor

Do it yourself investing is a reasonable option for physicians and other high income professionals. If nothing else, you will save tons on investment management fees. Here is how to do it.

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Latest Posts

Using Financial Fear As Motivation

Sometimes fear can keep us from doing what we need to do. If you're wise, you will use financial fear to motivate you to greater success.

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Don’t Give Up On International Stocks

International stocks are solid investments worthy of your investing dollars, despite the fact that many US companies receive significant revenue from other countries. Allocating a reasonable portion of a public equity portfolio to international stocks adds valuable diversification.

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Turnkey Single Family Homes– Another Real Estate Investing Option

Another option for investing in real estate is turnkey direct ownership. You have more control and tax benefits than syndicated shares but there are downsides too.

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12 Things To Know About Student Loan Refinancing

Student loan refinancing is a no-brainer for an attending not working at a 501(c)3. You're leaving a ton of money on the table if you haven't done it yet.

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State of the Blog 2017

I cannot adequately express my gratitude in writing to each and every one of you for your support these last 5 1/2 years. When I began this crazy journey in 2011 I didn't know if I would still be at it 2 years later, much less that I would enjoy the sense of accomplishment, additional income, and bizarre fame that now accompanies me where ever I go.

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My Experience Pursuing a Physician Mortgage Loan

Physician mortgage loans can be a great option for a young doc set on buying a home. However, they are not all created equal.

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Buy Our Book!

The White Coat Investor: A Doctor's Guide To Personal Finance And Investing not only summarizes the most important information on the blog, but also contains material not found on the site at all.
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