Understanding the Backdoor Roth IRA

A backdoor Roth IRA is a great additional retirement savings plan for high earning professionals. Since I get many questions on how to make a backdoor Roth IRA contribution, I thought it would be good to help set the record straight and explain the Backdoor Roth IRA rules and answer the common questions that confuse … Read more

My Year End Financial Housekeeping Routine

I have a routine that I undergo each December to be sure the year ends well financially. With the December 31st deadline approaching I don’t want to miss any of the things that must be completed before year-end. There are many things to consider and I don’t do everything that people talk about doing at … Read more

Why Every Physician Should Own a Timeshare

(This article was originally published on KevinMD under the title Should Physicians Own Timeshares?) Timeshares have an undeserved bad rap. I’ve owned and used my timeshare for great and cost-effective vacations all over the world for 30 years. After getting tired of reading all the misinformation on the web concerning timeshares, I put my timeshare … Read more

Is it Ever OK to Buy a Brand New Car?

Much of the financial blogosphere perpetuates the mistaken notion that it is never acceptable to buy a brand new car. They say all car purchases need to be used cars that are at least 2-3 years old. They are operating under the misguided notion that people should do everything the cheapest way possible. Can you … Read more

Why Timeshares are a Great Vacation Option

My family and I have enjoyed our timeshare for 30 years, and it has been a fabulous vacation memory maker for us. In fact, I know lots of very happy timeshare owners. I’ve never understood why timeshares get such a bad rap. Why don’t people see the great benefits timeshares give their owners? Often when … Read more

A Look at a Four Week Timeshare Vacation 

Yes I own a timeshare and it has been wonderful. My family has been enjoying our timeshare for 30 years and have found it to be far less expensive and a lot nicer than any other available vacation accommodation option. My wife and I recently finished a great timeshare vacation encompassing four back to back … Read more