Uncompensated Risk

The more I learn about investing, the more I realize it is about controlling risk and accepting the returns you get than it is about chasing the returns you want and accepting the risk you get.  It is...

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Morningstar is a (mostly) online investment advisory company that specializes in collecting vast amounts of data on stocks, bonds, and mutual funds.  It rates mutual funds using a 5-star system, and c...

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Why Vanguard?

If you've been around this blog for very long at all, you've probably noticed that I spend a lot of time discussing Vanguard, to the exclusion of other mutual fund and brokerage companies.  If you don...

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10 Reasons Why Residents Shouldn’t Buy A House

Graduating medical students (and especially their spouses) have a burning desire to buy a house to feel like they've finally made it. If they're smart, they'll curb it. Buying a house in residency is a huge gamble of your time and money at a period of life when you have little of either..

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Live Like a Resident

The secret to becoming a wealthy physician is contained in these four words: "Live Like A Resident." If you're earning like an attending, but spending like a resident, you will become very wealthy, very fast.

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Meditation on the Enclosure

The X Factor

Financial knowledge isn't enough. Without the X Factor, you'll never reach financial success. Motivation breeds hard work and discipline, which in turn breed wealth.

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REPAYE Case Studies

Guest blogger Dr. Wise Money explains how REPAYE works and shows how you can decide if it is right for you. The lower your income and the higher your debt, the more likely REPAYE is for you.

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