Learn about the importance of asset allocation in your investment plan, adjusting it for long vs short term goals. Explore a philosophical discussion on economic growth, handling risk, and the benefits of diversified portfolios. Discover insights on optimizing returns through low-cost investing strategies and the advantages of integrating bonds with stocks for a balanced approach.
Avoid making rushed decisions based on news announcements for a reasonable long-term financial plan.
Including small and value stocks in your portfolio can offer potential long-term benefits, but weigh the risks and benefits carefully.
Deep dives
Importance of Financial Panicking
Avoid panicking based on news announcements that might affect your financial plan immediately. Remember that rushed decisions are not necessary in a reasonable long-term financial plan.
Future Impact of FTC's Rules on Non-Compete Agreements
The FTC voted on a rule to ban most non-compete agreements, but this rule is not in its final form. It might face legal challenges and political changes, potentially altering its impact on individuals in the long term.
Investing in Small Business Retirement Plans
Vanguard's sale of its small business retirement plan division to Ascensus may not have immediate effects. The sale is expected to close in the third quarter of 2024, providing time for consideration of any impacts on investments.
Considerations for Using Small and Value Stocks in Portfolio
Including small and value stocks in your portfolio can offer potential long-term benefits, but it's essential to weigh the risks and benefits. Factors like behavioral influences and historical performance may influence decision-making, with options like VANTIS and DFA ETFs offering strategies for those seeking additional returns.
Today we are answering your asset allocation questions. We talk about how to adjust your asset allocation and when to do it, what changes with asset allocation when thinking about your long vs short term investment plan, how to make the most of your asset allocation and more. We also have a philosophical discussion about economic growth and answer a question about if you can pass on bonds if you have a high risk tolerance and long investing horizon.
Today’s episode is brought to you by SoFi, helping medical professionals like us bank, borrow, and invest to achieve financial wellness. SoFi offers up to 4.6% APY on their savings accounts, as well as an investment platform, financial planning, and student loan refinancing…featuring an exclusive rate discount for med professionals and $100/month payments for residents. Check out all that SoFi offers at https://www.whitecoatinvestor.com/Sofi *Loans originated by SoFi Bank, N.A., NMLS 696891. Advisory services by SoFi Wealth LLC. The brokerage product is offered by SoFi Securities LLC, Member FINRA/SIPC. Investing comes with risk including risk of loss. Additional terms and conditions may apply.
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!