Those of you who have been following me or have read my book, The Doctors Guide to Starting Your Practice/Career Right, know that I am not a supporter of buying a house right away when you move to a new job. There are many reasons to postpone purchasing a house including; doctors have a fifty … Read more
Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the topics of burnout, McMansions, real estate investing, outsourcing for more free time, and the importance … Read more
We’ve all seen a few “news” pieces about the recent government shut down. It’s interesting, but not surprising, to hear that numerous government employees are crippled by the delay of a single paycheck. This is exactly the reason everyone needs an emergency fund. When an unexpected financial catastrophe pops up, we need to be able … Read more
(Today’s guest post comes from Joseph Hogue, who is a reader of my blog and a retired economist. He now spends his time with his four websites teaching people about the wonderful world of finance. He presents some different ways to look at investing during your retired years.) These three investing strategies will help … Read more
We have been trained from the day we started earning money to put some of it away for the future. For most of us, the lion’s share of this is saving for retirement. The government has given us many helpful vehicles to do this: Traditional IRA, Roth IRA, SEPP IRA, 401(k), 403(b), HSA and others. … Read more
One of the biggest reasons people don’t want to own investment property is the anticipated hassles of management. If you choose to have a property management company (PMC) care for the day to day operations, you will need to pay attention to how the property is being managed. Too often property owners assume that their … Read more
We all get caught up in the New Year sentimentality on January 1st; the ability to have a fresh start and wipe the slate clean. Which translates into starting over in some areas of our lives. So we make our New Year’s Resolutions, hoping that this year our lives will change for the better. We … Read more
A few years ago my son expressed interest in racing bicycles. I thought that would be a great way to spend time with him, and if I was going to be at all the races, I might as well race too. It would also help me take a few unwanted pounds off and get me … Read more
Many doctors don’t want anything to do with investing money. They feel investing is not what they were trained to do and therefore a waste of their valuable time. I think this attitude gets some doctors into trouble. It is true that our time is best spent in our main area of training, but it’s … Read more
Have you ever wanted to be your own investment advisor? Have you ever cringed at the fees you are paying for investment advice? Does your investment advisor make more money off your portfolio than you do? Now is your chance to learn what it takes to be your own investment advisor. I have been asked … Read more
