Corey Janoff, CFP ®

Helping people make smart financial decisions. Likes/retweets ≠ endorsements. 🎙Host of the podcast: Financial Clarity for Doctors

[Corey Janoff, CFP ® @CoreyJanoffCFP]

Our dog threw up FOUR socks last night and midnight x-rays indicate she likely has another one “moving through her” that will require a follow-up x ray today to check its progress 🙃
Reminder number 746 to have an adequate emergency fund. Pet insurance is a good idea too.

[Peter Mallouk @PeterMallouk]

Best performing stocks in the S&P 500 so far this year.

[Finity Group, LLC ® @FinityGroup]

Some neat visuals! See more on A Wealth of Common Sense: https://t.co/NP1EoIOB7x

[Corey Janoff, CFP ® @CoreyJanoffCFP]

It pays to be optimistic about your long term investments. If the world really does come to an end, you won’t need your money 🙃

[MichaelKitces @MichaelKitces]

No negative market returns over rolling 15 year periods. The 'worst' average annual growth rate was 8% over 30 years.

Charts like this never get old to me. ) Thanks, @awealthofcs!

"4 Charts That Explain the Stock Market" https://t.co/SZeGtcyruE

[Finity Group, LLC ® @FinityGroup]

What is Estate Planning, and why is it important? Read our blog post for more info: https://t.co/y1vUQRaDt2

[Andrew Lokenauth @FluentInFinance]

Taxes are your biggest expense in life so strategic tax planning is a must, pay your legal share and not a dollar more.

Tax code is over 75,000 pages and the wealthy use every page to legally avoid taxes (and you should too)

Here are 7 tax tips that can save thousands:

[Corey Janoff, CFP ® @CoreyJanoffCFP]

Wisdom from the walls of @jimmyjohns

[Corey Janoff, CFP ® @CoreyJanoffCFP]

Ordering at a fast food restaurant and the pre-prompted tip options are: 30%, 25%, or 20%. Fast food!!!
And the awkward no tip or other

[Corey Janoff, CFP ® @CoreyJanoffCFP]

Haven't done much self-promotion lately, but episode 💯 of Financial Clarity for Doctors is arriving on Monday wherever you get your podcasts.

We'll discuss some universal principals of money.

#medtwitter #doctorfinance #physicianfinance

[Joe Marshall @Joe_A_Marshall]

$975,000 gain or $250,000 loss?

People often say buying a house was the best financial decision they've made.

But when they calculate the gain, they look at two data points:

- what they paid
- what they sold it for (or what it's worth today)

[Finity Group, LLC ® @FinityGroup]

Next week: Free Financial Planning Webinars for East Coast Residents & Fellows! Registration links are available on our website: https://t.co/BPkneYBmuE

[Finity Group, LLC ® @FinityGroup]

Free Upcoming Webinar: Financial Planning for East Coast Residents & Fellows! Registration links are available on our website: https://t.co/BPkneYBmuE

[Finity Group, LLC ® @FinityGroup]

Using PSLF to pay off your student loans? Read our newest blog post for information on the one-time payment adjustment!

https://t.co/KTSSoSGLwP

[Ramit Sethi @ramit]

Upcoming podcast guest shares that she bought her house for $142,000, sold it for ~$185,000, but actually walked away with ~$12,000 in the bank

I estimate that 90%+ of people in America think they'd walk away with [185 minus 142 = $43,000]

[Corey Janoff, CFP ® @CoreyJanoffCFP]

I love when recipes say, “ready in 15 minutes!” Yet here I am two hours later and it’s still not ready.

They must buy their veggies pre-chopped, spices pre-measured, and water pre-boiled.

[Thomas Kopelman 💵 @TKopelman]

A $600,000 house with 20% down will cost you $1,125,412 over 30 years

This is pre any other expenses that go into it

Not many understand this

What they also don't understand is in the first 4 years they will have paid $119,725 in interest but only built $21,000 in equity (pre any appreciation)

In today's environment, be sure you want to buy and live there for awhile

[Corey Janoff, CFP ® @CoreyJanoffCFP]

There's still time to get student loan forgiveness under temporary PSLF if working for a qualifying employer. Must act before May 1st, 2023.
Do a Direct Loan Consolidation & verify employers on PSLF app. In July, you should get credited for payments.

https://t.co/81JlUm3VF6

[Thomas Kopelman 💵 @TKopelman]

Homes on average grow around 3.5% to 3.8% / year

That is before inflation, fees, insurance, taxes, etc

Homes are great tool for you to build a life with your family

Not a great investment

Sure, better than the alternatives

But still not a good investment numerically

[Corey Janoff, CFP ® @CoreyJanoffCFP]

So far this decade (since start of 2020), US stocks have realized about an 8.5% annualized return.

One could say the last three years have been pretty average. Nothing too exciting to report.