personal finance
Finance Friday Articles
- 15 Ways to Lose Money in the Markets
- Avoiding Bad Guys
- Can You Still Get Disability Insurance with Your Health History?
- Catastrophizing Debt
- How to Track Your Net Worth (ft. my FREE Net Worth Tracker)
- Is the Stock Market Too Concentrated?
- Still Learning
- Vanguard CEO Ramji: ‘Criticism Will Make Us Better’
- What Physician Specialties Have the Happiest Marriages?
- Why Investors Missed Out on 15% of Total Fund Returns
- Why Retirees and Investors Approaching Retirement Should Reduce Risk Today
- Why your parents should buy you a house
Finance Friday Articles
- 10 Reasons Doctors Spend Too Much Money
- A Key to Surviving the Global Market Selloff: Be Lazy
- Arm the Next-Generation Medical Ship
- Bonds Are Still a Hedge Against Bad Times in the Stock Market
- Financial Benefits During Residency That Are Vastly Underrated and Overrated
- Financial Independence Is Not the Holy Grail
- Ignore the Rule
- Is the Kaiser Pension Worth It?
- Turning on a Dime
- What Do Good Financial Advisors Cost in 2024?
- What Gets Attention is Rarely Valuable
- What is Coast FIRE? The Ultimate Guide to Semi-Retirement
- When Market Ignorance is Bliss
- Why It’s Usually a Mistake to Own Individual Stocks
The Updated FY26 Promo Prep is Now Chapter 3 in The Wealthy Captain!
This blog has been primarily about three things:
- Helping you advance your career
- Personal finance
- Keeping you in the know
I’m going to combining #1 and #2 into a new resource called The Wealthy Captain: Your Guide to Becoming One. This means that the document that used to be called “The Promo Prep” or “Joel Schofer’s Promo Prep” is now Chapter 3 in The Wealthy Captain.
There will come a time when I no longer can do this blog, so my plan is to slowly but surely turn The Wealthy Captain into a lasting resource with timeless advice. For now, it is a very short 30 page or so e-book, but as I work through all the content I’ve written in the last 10 years, my hope is that it will become much more than that.
Don’t worry. I’ll make sure that everyone can easily find what they are looking for as I slowly update things. In other words, I’ll keep the Promo Prep tab on the blog since people are used to going there. But there will now be a Wealthy Captain tab as well.
The FY26 promotion boards are coming. Happy preparing!
Finance Friday Articles
- 3 Steps to Stay Sane in a Volatile Market
- Fiduciary Duty – Theory versus Reality
- Gen X finally tops boomer 401(k) balances, but will it be enough to retire?
- How Long Can Stocks Underperform?
- Is Anybody Else Getting Nervous About an AI Bubble in the Stock Market?
- Protecting My Sanity
- Question of Interest
- The Impact of Fed Rate Cuts on Stocks, Bonds & Cash
- The Median US Stock Has a Negative Return
- This is Normal
- Unasked Questions
Finance Friday Articles
- A new Lifecycle Fund is now available
- Automate Your Savings: If You Don’t See it, You Won’t Miss It
- Down with Inflation
- The Benefits of a Paid Off House
- The Sustainable Path is the Only Path
- This New Rollover Option Could Change Your College-Fund Plans
- Waiting for “The Dip” to Invest
- Why You Should Bring Your Kids into Your Estate Planning Meetings
Finance Friday Articles
- 12 Negotiation Techniques You Need to Know
- $656,000 of Frugal Things I Still Love Doing
- Capturing Credit toward a Federal Annuity for Military Service
- Effective tax-saving strategies for investors
- Help clients draw down inherited IRAs tax-efficiently
- How to Prepare Children for an Inheritance
- How to Risk-Adjust Returns
- Looking to Retire Overseas? Start by Answering These 3 Questions
- One is Not Enough
- Protecting My Sanity
- Report Cautions of ‘Unintended Consequences’ of Default Retirement Saving
- Small Businesses That You Control
- The Best Investment I Ever Made (the Pros & Cons of Owning a Vacation Home)
- The Biggest Winners in the Stock Market
- TSP Highlights New Fund, Other Changes Under Way
- What’s the Worst Long-Term Return For U.S. Stocks?
- What to Do If You Inherit a 401(k) or TSP Account
- Why Lifestyle Creep is Mostly a Myth
Finance Friday Articles
- A Balanced Portfolio Always Comes with Regrets
- A Pre-Retirement Financial Checklist
- How a Moderate Income Physician Should Think About Being an Accredited Investor
- Is a “Total Bond” Fund Still a Good Choice?
- Is 100 Percent in the C Fund a Good Idea?
- Off the Beaten Path
- Remaining in the TSP at Separation One of Four Options
- The Minimum Investment vs. Diversification Dilemma in Real Estate
- The Risks We Miss
- TSP Doing Away with Security Questions as Part of Auth Process
- What To Do at All Time Highs
- Why International Investing Makes Sense for Long-Term Investors
Finance Friday Articles
- Best TSP Investment Strategies in 2024
- Building wealth using 529s for K–12 education
- f— you money
- House Bill Sets 4.5-Percent Military Pay Raise
- How to Donate Vanguard Assets to a Vanguard Charitable Donor Advised Fund
- Paying the Piper
- The 2 Keys to Happiness
- The Automatic Investing Revolution
- There Was No Golden Age of Medicine (at Least for Physician Incomes)
- Time for an Account Checkup? Be Sure Your DFAS Information Is Up to Date
- Time to Embrace the TSP Mutual Fund Window, Warts and All
- Vanguard’s midyear market outlook
- Why I Remain Bullish on the United States of America
Finance Friday Articles
- Age-Based Asset Allocation (I’m Not a Fan)
- Balance Issues
- How Does Inflation Impact Retirement?
- Is Europe a Buy Here?
- Municipal Bonds: How Much Is Safe?
- Own the Haystack
- Term Life Insurance: What You Need to Know Before You Buy
- The 15 Questions You Need to Answer to Build Your Investment Portfolio
- The Apprentice
- The U.S. Real Estate Market in Charts
Finance Friday Articles
- How to Change Your Investor Policy Statement
- Is the Small Cap Premium Dead?
- Just Asking Questions
- Prepare Your Heirs: 5 Tips for Passing on Retirement Accounts
- Raising the Bar
- These Tax Rules Will Expire in 2025
- TSP Nears $900 Billion Mark; New 2070 L Fund Starts July 26
- Wealth and Money Are Two Different Things
- When is the Mean Reversion Coming in the Stock Market?
Joel Schofer's Career Planning Blog 