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Journal Club 09-30-22 – Passive Income

Here’s Journal Club 09-30-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Are you wondering if you should open a 529 account to fund your child’s K-12 education? Or debating whether a Roth IRA or 403(b) would be a better fit for you? Well, The White Coat Investor addresses these questions and more around investing in – 529s, I Bonds, TIPS, S Corps, ETFs, and 403(b)s. Check it out. There’s a little something for everyone in there.
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These 10 cities are seeing the biggest jump in foreclosures as high home prices and property taxes bite

home foreclosure

Justin Sullivan/Getty Images

  • Foreclosures are surging in key pockets of the US housing market.

  • A Realtor.com analysis identified 10 cities where foreclosures were seeing the biggest jump.

  • Overall, foreclosures have surged 13% in the first half of 2023, compared to a year ago.

Foreclosures are surging, thanks to higher home prices and property taxes biting into homeowner finances.

To be sure, there is no nation-wide wave of foreclosures coming like during the Great Recession, and the recent uptick hasn’t been evenly spread across the housing market, according to a new Realtor.com analysis.

But foreclosure filings have surged in key pockets

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The Hot Wedding Gift This Season? Money, to Buy a House

Published: Jun. 28, 2023 at 5:00 AM CDT

Eighty percent of recent wedding registry creators say that if they were to do it again, they’d include an option for people to gift money toward a new home

SANTA CLARA, Calif., June 28, 2023 /PRNewswire/ — Crock pots and matching linens are out and down payments are in, according to a new survey from Realtor.com® and Censuswide. The research finds that newlyweds would rather skip traditional gift-givers in favor of financial gifts toward the purchase of a home, but many feel obligated to register for traditional gifts they

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Rent prices in Tampa Bay, other Fla. cities, fall for the first time since the pandemic

TAMPA, Fla. — The Realtor.com® May Rental Report found renters are beginning to see some relief, with the median asking monthly rent in the 50 largest US metros decreasing -0.5% year-over-year to $1,739.

Rent in the Tampa Bay area saw a decline of -4.0%, while there was a -2.3% decline in the Orlando-Kissimmee-Sanford area.

Nationally, rent prices increased $3 from last month but were down $38 from the July 2022 peak. Realtor.com®’s 2023 Forecast Update predicts that rents will continue to drop, averaging -0.9% from 2022.

“In May, we saw the first year-over-year decline in rents, a sea-change from the

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The housing market is showing signs of a rebound

Miami house for sale

Alan Diaz/AP

  • S&P CoreLogic’s national home price index climbed in April from the prior month, marking three straight gains.

  • Miami, Chicago, and Atlanta saw the steepest annual price gains in March, data showed Tuesday.

  • “If I were trying to make a case that the decline in home prices that began in June 2022 had definitively ended in January 2023, April’s data would bolster my argument.”

The housing market is showing more signs of a rebound, with home prices climbing for three consecutive months.

The S&P CoreLogic Case-Shiller national home price index was up 1.3% in April from the prior month

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The Sunk Cost Fallacy – Passive Income MD

None of us can be the hypothetical Homo Economicus who makes only rational decisions. Instead, we must contend with the sunk cost fallacy. Here’s all you need to know about it.

PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined, which will allow you to spend your time and effort on your patients, your family, and your own wellness. WCI truly believes that a financially secure doctor is a better partner, parent, and practitioner. White Coat Investor is an affiliate partner

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Fox News anchor Bret Baier lists Palm Beach home for $16.5M

Fox News anchor Bret Baier is unloading his Palm Beach, Florida home only a year after he purchased it.

The television personality is hoping to score a great profit too, according to Realtor.com.

Initially, Baier and his wife, Amy Baier, shelled out $12 million for the three-bedroom, five-bathroom estate, located 5 minutes from Donald Trump’s Mar-a-Lago.

The non-waterfront home hit the market for $16.5 million earlier this month.

Occupying over 4,100 square feet, the Baiers purchased the home from fashion mogul Tommy Hilfiger in March 2022.

Located outside of the gates of the Palm Beach Country Club, features include high