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Drive A Beater….Get Rich

I wrote much of this rant many months ago, but it never seemed quite right, so I stored it away and never published it.  I had an email the other day that convinced me to dust the cobwebs off it and p...

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Peer To Peer Lending IRA Fees

Peer to peer (P2P) lending through organizations such as Prosper.com and LendingClub.com is in general a high-risk, high-return, highly-tax-inefficient investment.  Since the entire return is fully ta...

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safe harbor rule

Don’t Be A Tax Idiot

Be forewarned.  This entire post is just a rant.  It even delves into politics a bit.  You probably won't learn anything that helps your personal finances or investments here. I'm getting sick of hear...

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Downsides of a C Corporation

In my last post, I talked about how excited I was about C Corporations after learning some more about them in a book.  Then reality set in.  The more I read, the more I realized the IRS had already th...

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Benefits of a C Corporation

I was recently reading Incorporate and Grow Rich, a book which I'll review in a separate post.  The more I read the more excited I got about C corporations and their benefits.  Then I started realizin...

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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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