I frequently hear people debating whether to pay off a home mortgage, which usually has a relatively low interest rate, or invest the money. Often the misguided answers to this question stem from only looking at the interest rate for the decision, as if it were the only valid variable. The following are the mistaken … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include historical fiction book recommendations concerning medicine in the 1840’s, advice for living a regret-free life, most seniors are only one crisis away from … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include can you still become wealthy in an expensive neighborhood, real estate performs well even through recessions, the difference between being rich and being … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include fixing your job when you don’t like it, ten harsh money lessons you didn’t learn in school, beginner investing tips for success and … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include how to never run out of money in retirement, how disability insurance bought this doctor a car, are prior authorizations getting out of … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include why that mansion next door is ruining your life, what is it like to have “more than enough,” nine retirement myths, how buffers … Read more
It seems like every day I read a request on social media asking for input on whether or not someone can buy an expensive item. More often than not the item is an automobile and the question is posed anonymously as if the purchase of a car is top secret/privileged financial information. Rarely the situation … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include what life is like six years after retiring from surgery, seven micro habits that can change your life, 101 financial quotes to inspire … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include: is the unsinkable medical profession about to sink like the Titanic; is $200,000 a good annual income; how to stop being broke; the … Read more
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