This is the White Code Investor Podcast, where we help those who wear the White Code get a fair shake on Wall Street.

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

This is White Code Investor Podcast number 274, setting up your portfolio 101.

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Welcome back to the podcast. I think this drops on August 4th. I'm recording it a month before that July 6th, because I have a lot of fun stuff I'm going to do between now and then.

Looking forward to a float with the young men in my neighborhood and going down the Green River. We're going to do desolation and gray canyons.

We're going to do a family reunion in Colorado with lots of fun activities. I think we're going to do some rafting there as well on the Arkansas.

And as this drops, I think I'm going to be on the main salmon river up in Idaho.

So lots of fun rafting coming up in the next month. But hope you're also having a great summer for those of you who are on your way into work or on your way home after a hard shift.

Thanks for what you do. This is not easy work. That's why they pay you so well to do it. That's why it takes so long to learn it.

But a lot of times it can be thankless work. So if nobody else has said thanks today, let me be the first.

Hey, in case you're not aware, PIMDCon22 is going to be this fall. Now, if you don't know what this is, this is the financial freedom through real estate conference.

There is a virtual option, but the in person option is way better because I'm going to be there. This is September 23rd through 25th in California. It's in LA. It's very convenient to the airport.

And it's going to be fairly personal. It's probably not going to be that that many people, you know, 100, 200, 300 people, that sort of a size. And so you can really get to know the speakers and the other people there.

It's a three day conference. This is put on by Peter Kim at passive income MD dot com. So if you're interested in checking this out, go to whitecode investor dot com slash WCI con or not WCI con PIMD con 22.

And you can check that out. I think Peter is going to stop by the podcast later on and we'll talk a little bit more about that as well as real estate investing in general, but that's the whole focus of that conference.

All right, let's talk a little bit about setting up your portfolio. You know, this is one of those things has been so long since I did it. Sometimes I forget that this is, you know, difficult, maybe a little bit of an anxiety provoking experience to set up your portfolio the first time.

You know, Katie and I did this back in 2004. So it's been a long time. We're basically using the same portfolio. We've made a couple of minor changes over the years. There's been blog posts that went out when we did. But for the most part, we're following the same plan we have been for the last almost 20 years.

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