Student loans stink. To make matters worse, figuring out what to do with them can seem complicated. Here I present a flowchart that should help clear up the confusion.
Student loan management is a critical aspect of financial planning for doctors. Most doctors are going to want to refinance their loans at some point, but perhaps not in residency as rates are a little higher and the new REPAYE program is in some ways more attractive.
Student loans really suck. But starting in 2013 refinancing them became possible again. This competitive marketplace is constantly evolving for your benefit and there are now six companies offering a special deal to WCI readers to refinance their student loans to as low as 1.9% variable, including two that will refinance your loans even while you're still in residency!
Concerned about the effect of fees on your portfolio growth but also not willing to be a 100% Do-It-Yourselfer when it comes to investment management? A robo-advisor may be just what the doctor ordered. In this post, I review the various Roboadvisors on the market, along with their strengths and weaknesses so you can make a decision about whether this option is right for you.
Peer to Peer Lending (P2PL) is a relatively new asset class I've been investing in for a few years with good success. The risks are high, but the low correlation with the rest of your portfolio coupled with the high returns make it worth looking into.
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.