15 Worst Tax Reduction Techniques – The White Coat Investor – Investing & Personal Finance for Doctors

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Have you heard of Dave Ramsey’s 7 baby steps to financial freedom? For many, Dave Ramsey system is the golden truth. I am here to break it to you that some of the principles are outdated and need revamping. For example, should you pay off your mortgage instead of investing? Here are my 12 toddler steps to financial freedom.

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A personal finance and investing blog that helps you make more money, spend less, and invest the rest.

Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life-saving procedures.

PNC uses the marketing name PNC Retirement Solutions for investment, consulting, trustee, and custody services for employer-sponsored retirement plans provided by PNC Bank. PNC does not provide legal, tax, or accounting advice unless, with respect to tax advice, PNC Bank has entered into a written tax services agreement.

In 2011, he started The White Coat Investor, now the most widely read, physician-specific personal finance and investing blog in the world, with nearly 200,000 page views per month. His writing helps doctors avoid the mistakes he made and get a "fair shake" on Wall Street.

I’ve written a few Top 5 posts so far, and the 5 top items have generally been listed in no particular order. That won’t be the case today. Presenting, from best to worst, the Top 5 ways to manage your money: 1. DIY (Do It Yourself) Invest in low cost stock and bond funds. Diversify.

This is a subject that I’m quite familiar with having run this blog for nearly 20 months. Before starting the blog I had seen income reports online revealing the revenue of some sites like Smart Passive Income and White Coat Investor. I’m a little more private and like to share mine exclusively with newsletter subscribers.