WCI #394: Index Funds, Real Estate, and Buying Into Your Practice
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Nov 21, 2024
Dive into the world of HSAs and uncover the secrets of low-cost index funds. Learn what happens when you take a 401(k) loan for real estate investments. Discover essential tips for buying into partnerships and managing your portfolio effectively. Explore the latest trends in multifamily properties and preferred equity for navigating economic uncertainties. Finally, find out why over-monitoring your investments could actually hinder your financial goals.
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insights INSIGHT
Why Top Holdings Dominate Index Funds
Index funds are mostly capitalization-weighted, meaning bigger companies have larger shares in the fund.
This explains why top ten holdings can make up nearly 30% of a total stock market index fund like VTI.
volunteer_activism ADVICE
Pay Off 401(k) Loans First
Before rolling a 401(k) loan into a Roth IRA, pay off the loan since IRAs don't allow loans.
Consider in-plan conversions within a solo 401(k) instead of rolling into an IRA to avoid complications.
question_answer ANECDOTE
Alternative Real Estate Investment Tactics
Paul Moore describes investing in non-traditional real estate like self-storage and RV parks with mom-and-pop operators.
Professional upgrades and diversification create value and safety for investors unlike typical multifamily investments.
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Today we start off with a dive into HSAs then answer a question about low cost index funds and how they actually work. We get into the weeds with a question about what happens when you take out a loan from your 401(k) to invest in real estate. We talk about what to consider and prioritize when buying into partnership then discuss some thoughts around managing your portfolio. We also have a short interview with our friend Paul Moore from Wellings Capital.
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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 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 is for you!
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