How could you reach your financial goals faster? It is simple: use leverage. Out of all the tools you can access, leverage is the most powerful. I’m using the term…
Wealthy Doc Posts
Do you consider yourself rich? Do others consider you rich? How Rich is Rich? A lot of us have a “Number” in mind that would provide financial freedom. It varies…
Physicians overlook one rather obvious fact: income and wealth are completely different things. Despite a high income, you will not become wealthy if you do not save. Wealth is based…
Investing in bonds can be boring and not all that sexy. But when the economic storms are hitting, you will be glad to have a calm harbor to duck into.…
More Money, Less Budgeting Imagine a world without budgeting, a fixed savings rate, lifestyle creep, busywork of transferring investment money, or having to make decisions based on money. Imagine…
Any conversation about early retirement or financial independence with early retirement (FIRE) will inevitably come around to a guy named Pete in CO. Pete started a blog by the odd…
Medical educators do not prepare us to understand or negotiate employment contracts. I will teach you the basics of what you need to know. This will likely be your first…
Some bonds are sexy, but most are not. James Bond may be sexy, but investment-grade bonds are not. Personally, I would rather have the latter than the former, but not…
Many of us enter private practice out of residency quite naive. We tend to be untrained in business, management, investing, or accounting. As a result, we may not maximize our…
Would you like to be $500,000 richer? If so, keep reading. Five hundred grand is my estimate of the average benefit of good negotiation skills for a physician. Doctors are…