The 6 Financial Planning Items You Should Do as a Medical Resident
There are a few important financial chores every busy resident would be foolish to ignore. Get these 6 things done and checked off on your "to-do" list.
There are a few important financial chores every busy resident would be foolish to ignore. Get these 6 things done and checked off on your "to-do" list.
"Don't buy stuff you can't afford" is so simple it's laughable yet too many of us live with debt we think acceptable. Here's how to change that.
Tax-deferred retirement accounts are wonderful ways to reduce taxes, protect assets, plan your estate, and boost returns. Ignore them at your peril.
Parents with fantastic intentions often hurt their children by giving terrible financial gifts. Here's how to change that.
Guess what? You can have multiple 401(k) accounts, saving you thousands in additional taxes every year. But it gets pretty complicated. Here are the rules.
Too many docs never build significant wealth despite their high incomes. Make plans now to ensure you aren't in that category when you retire.
New residents have a burning desire to buy a house but it's a huge gamble of your time and money at a period of life when you have little of either.
Every investor needs a written Investment Policy Statement. Here are a few pieces out of mine and ideas for what you ought to consider including in yours.
A good investment portfolio is broadly diversified, low-cost, passively managed, rebalanced, and consistent with its owner's risk tolerance.
Uncompensated investment risk doesn't increase, and may even decrease your expected return. Avoid it through diversification.
How much money will you need to retire? Physician on FIRE runs through all the information you'll need to calculate your target number.
Start implementing critical strategies NOW to lower your S-Corp taxes this year. Here are 10 ways to use your business to keep more of your money.
Not sure which types of retirement accounts you should use? Here's all the information together in one place so you can get a grip on your retirement plan.
Reach financial goals with the least amount of risk by implementing an Investing Plan. Here's how and why to get it done now.
Wondering why you're no good at stock picking? The odds are stacked dramatically against you. Do yourself a favor and don't play this loser's game.