By Josh Katzowitz, WCI Content Director
If you’ve followed The White Coat Investor for any length of time, you know that this site has certain philosophies that it extolls. We’ve written over and over about living like a resident until your student loans are paid off and to stay the course and to follow the teachings of Jack Bogle and to, basically, be boring with your portfolio.
Yes, sometimes, we write about buying a Tesla or we ponder the idea of cryptocurrency investing—drawing the ire of some who say, “THIS ISN’T WHAT WCI IS ABOUT!!!”—but long-time readers oftentimes know what to expect when they read us. And one of WCI’s biggest philosophies is to invest in low-cost index funds.
Why is that?
Broadly diversified low-cost index funds outperform individual stock picking, they have lower costs than actively managed portfolios, they have more tax efficiency, and they take up much less of your time.
WCI has only been around since 2011, but if Dr. Jim Dahle had…
This article was written by Josh Katzowitz and originally published on www.whitecoatinvestor.com