Are Doctors Middle Class?
In a preceding post, a guest poster argued that doctors are rich, should consider themselves such, and should be proud of their financial success. In this post, I'll argue that: Very few doctors are r...
Beginning your financial journey and learning about personal finance can seem awfully overwhelming. But instead of trying to solve the entire puzzle at once, it’ll be easier (for your mind and for your psyche) to break it down into sections that are more easily digestible.
In a preceding post, a guest poster argued that doctors are rich, should consider themselves such, and should be proud of their financial success. In this post, I'll argue that: Very few doctors are r...
I often hear people express with dismay that 90% of their mortgage payment goes toward interest and that they're not building much equity, especially at the beginning of their loan. As many readers k...
One of the pearls Dave has contributed to the personal finance lexicon are his "Baby-Steps." They seem aimed at the financially clueless, but they still have merit for the more knowledgeable.
Q. What should I do with a windfall, such as a $500K inheritance from a long lost Uncle or a larger sign-on bonus than expected? A. Two of my favorite investing/finance books, The Bogleheads Guide To...
The IRS expects you to pay yourself a reasonable salary as an S-Corp. An important factor in that decision should be the effect on how much you can sock into a retirement plan.
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I was reading about a survey by the Physicians Foundation recently which had some rather sobering findings. They sent out these 48 question surveys to 630,000 doctors and only heard back from 13,575,...
By Dr. James M. Dahle, WCI Founder This was a post on Sermo, with 437 responses in about a week. I'm going to cite what I thought were 15 of the best ones. The entire White Coat Investor site consists...
My last post discussed how I recently made partner and how this has given me additional income, expenses, risk, and personal financial complexity. In this post, we'll discuss the ways becoming a part...
Last time we discussed some additional taxes you may or may not be paying as a result of PPACA. This post addresses the considerable benefits of PPACA to you a health care consumer. Next time we'll...
Should I stay or should I go? Most military doctors ask themselves this question many times in their career. This is a financial analysis of that decision.
John Bisges, MD, explains how he used his GI bill to increase his residency paycheck.
A review of the book Incorporate and Get Rich!. In short, too much fluff and too much information, but still a great first book on the subject.
If you have prior military service, and want to be a Navy doctor, check out the health services collegiate program (HSCP), a solid alternative to the HPSP.
Most importantly, what doctors do is valuable. In all the whining about the high cost of health care, few people would argue we should just bag the whole thing all together.
You shouldn't buy warranties. Except sometimes. When you should.
Medical school may not have taught you about money, but we will.
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