How to Fire Your Financial Advisor
I have no problem with using a financial advisor as long as they charge a fair price for good advice. Otherwise, you should fire them.
I have no problem with using a financial advisor as long as they charge a fair price for good advice. Otherwise, you should fire them.
Let's try to answer the age-old question: Should you lump-sum invest at the beginning of each year, or should you dollar cost average?
If you're in a sole proprietorship, a partnership, or an S Corporation, here's what to avoid when completing your business taxes.
For many docs, their online personas and brands have exploded in popularity on TikTok and other social media apps. Here's how they do it.
Your health allows you to qualify to purchase disability insurance, and your ability to make the premium payment is what keeps the policy in force.
Learning the different types of real estate crowdfunding platforms doesn't have to be difficult. We explain the differences here.
An interview with an ER doc entrepreneur, as he walks us through how to scale, the mistakes he's made over the years, how to raise money, how to sell your business, and so much more.
Learn the basics of real estate investing—from hard money loans to mezzanine debt, capital stacks to waterfalls, depreciation, 1031 exchanges, strategies, and lots more.
If you're a high earner, you're already winning part of the game. But you're still being incentivized to earn less. Here's how.
Getting yourself eligible for Real Estate Professional Status (REPS) is a huge tax advantage. But it's certainly not easy to qualify.
I dropped 40% of my workdays to work a part-time schedule. Here's how this impacted my life and my tax bill as compared to working full-time.
You don’t get a pass on buying insurance just because you are young and healthy. For military doctors, getting insurance is still a must.
There are now more options than ever to refinance your student loans while still in residency. Easy payments and less interest accrual is a winning combination for those not going for PSLF.
After much thought, our portfolio is changing this year from one reasonable portfolio to another. We'll see how it goes. Update in a decade.
Here are 8 steps to automate your financial life and help you reach your goals of financial freedom.
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.
Rich people don't "manage" debt. They eliminate it. Not stupidly, but reasonably and consistently. It's a behavioral thing, not a math thing.
Disability insurance is crucial insurance for the vast majority of physicians to secure. Buy it right the first time, and you may never have to do it again.
The Roth IRA is a great start for building your nest egg. There's no better vehicle for investing, tax reduction, asset protection, and estate planning.
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.
Bloggers and authors often tell you that you'll be super happy once you're financially independent. They might not know what they're talking about.
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.
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
Learn the basics of real estate investing—from hard money loans to mezzanine debt, capital stacks to waterfalls, depreciation, 1031 exchanges, strategies, and lots more.
The secret to becoming a wealthy physician is contained in these four words: "Live Like A Resident." Earn like an attending, but spend like a resident to become very wealthy, very fast.
Knowing what we know about cryptocurrency and its volatility, should you invest in it? Let's explore the issue here.
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.
This Backdoor Roth IRA tutorial takes you step-by-step through the contribution process including Form 8606, tax implications, common mistakes, and lots more.
What are the most unbiased, accurate, high-yielding, current, and entertaining financial books for doctors and other high income professionals? Here you go!
I was going on maternity leave, and our income was about to dry up. Oh yeah, and we had a negative-$250K net worth. So, here's what we did.
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.
How much money will you need to retire? Physician on FIRE runs through all the information you'll need to calculate your target number.