Getting started is sometimes the toughest part about investing. How do we pick the right asset allocation? What IS the right asset allocation? Behavioral Finance has something to teach us about why limiting our choices, and making things simple, is often the best way to figure it all out.
People often wonder how much money different doctors make. I’ll tell you, but then I am going to tell you why that income doesn’t matter – because of a fatal flaw in how doctors think about money.
Would you believe that my wife and I bought a peloton? Are we crazy? Did we just join a cult? Come find out why I thought it was okay to go from frugal to fancy, and when you can do the same!
Saving money is tough. Saving money during residency might be tougher. But is also might be more important. Join along as we discuss the importance (and benefits) behind investing during residency.
Being lazy while practicing medicine doesn’t likely lead to the results you want. However, being lazy in the market is ideal. Here are five lazy portfolios that will provide great success, including the one I prescribe to (The Physician Philosopher Five Fund Portfolio). Come see why lazy is best.
Do you ever feel the stress of variable expenses or unanticipated costs that come up? Do you sabotage your own success by dipping into your savings? Multiple savings accounts may prove helpful for you. Keep reading to find out more!
Market downturns and bear markets scare people witless. The reason behind the fear is just as interesting as what to do about it. Come learn why you get scared, and how to deal with that fear. This may be the advice that keeps your financial life on track.
If you aren’t automating your financial tasks, you are likely leaving money on the table. Learn 6 ways to pay yourself first, so that you can find efficient financial success.
Money is the number 1 cause of stress in America. Most often, this stress is caused by mortgage, student loan, and consumer debt. If you are wondering how to pay off your debt, this post will help.
From personal finance topics to those on burnout, this month’s monthly checkout is a Belated Thanksgiving Edition. Also, don’t miss the update at the end of the post… it hasn’t been all rainbows and unicorns at The Physician Philosopher this year.
Timing the market is easy. You simply buy when the market is low, and sell when the market is high. Right? Come find out why this line of thinking is a bit of fool’s gold.
Who knew that choosing your friends could have such a profound impact on your finances?
© 2021 The Physician Philosopher   |  Website by The Good Alliance