Use Money Wisely A Guide for Physicians Inspired by Jonathan Clements’ How to Think About Money 1. The Real Value of Money: Buying Happiness and Security Money as a Tool…
Wealthy Doc Posts
Invest wisely. It isn’t complex or difficult. As a physician, you have done many more challenging things. You need a few pieces of reasonable advice and some steady discipline. You’ve…
Overlooked Risks In this post, we’ll explore why physicians must invest in flood insurance, regardless of where they live. We’ll also compare the options available through the National Flood Insurance…
Learn how to spend less painlessly. Then you will be able to save more. Here’s another post inspired and informed by Eric Tyson’s excellent book, Personal Finance for Dummies. You…
We all need a solid financial foundation. Physicians dedicate their lives to mastering the complexities of medicine. We spend years in medical school, residency, and often fellowship sharpening our skills.…
Seth A. Klarman wrote the book, Margin of Safety. You can buy your own copy on Amazon. It is currently available for $2,999.97. Or you could just read my summary…
Ramit Sethi enjoys helping people to get rich. Even better, he teaches people how to enjoy their money. He starred in a Netflix series demonstrating how to master your money.…
Mirroring: This post focuses on an Advance Negotiation Skill: Mirroring. Don’t overlook its power. Negotiation is a useful skill to develop. Few physicians work on it, but those who do notice…
Clinician Burnout is defined as high scores on at least two of three subscales: Exhaustion, Cynicism, and Reduced Personal Efficacy. Most physicians report feeling overwhelmed and dissatisfied with their profession,…
Investment scams are on the rise. Physicians who are overly trusting sometimes pay a high price. The White Coat Investor recently illustrated one real-life example. A physician-investor was deceived into…