Passive Cash Flow - What Are Your Thoughts?

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If the basis is about the same as what you bought it at, great, no tax cost. Then if you've got a few things left that have a very low basis compared to their current value, well, you may want to build around those in your portfolio. You might have a little bit of legacy investments going forward, and that's not a big deal to deal with going forward. Every time you look at it, it'll remind you of the importance of being financially literate. All right, the next question comes via emal in terms of achieving passive cash flow sources. What are your thoughts on annuity versus dividend, stock investing versus syndicated real estate? Pros and cons

This episode we dive deep into all things Roth. We give a general review of what Roth is and then answer your questions about the backdoor Roth, different Roth accounts, when the backdoor process won't work, why we hate simple IRAs and more. We also discuss why so many docs are looking into side gigs and FIRE right now. Read the full show notes here: https://www.whitecoatinvestor.com/roth-options-and-questions-279

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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