It doesn’t take long reading physician finance blogs (or really any personal finance blog) to realize that there isn’t a lot of love lost between bloggers and the financial industry. Without knowing the background, it might seem like a disproportionate amount of hate is thrown at financial advisors and insurance agents. Yet, there are many … Read more
Fire is a passionate and unforgiving substance. It keeps you warm, heats your meals, and provides light in the dark. When wielded carefully, it is a force to be used for good. Financial FIRE (Financial Independence Retire Early) is no different. We all remember what it was like when that FIRE lit up the dark … Read more
When someone asks “How does my financial advisor get paid” it should be a relatively easy question to answer and understand. Unfortunately, that’s not the case much of the time. Fortunately, this post will not only answer that, but provide you an awesome chart to see exactly where conflicts of interest exist in all of the most common financial advisory models!
Whenever I tell people outside of medicine how bad doctors are with money, they are always shocked. Almost universally they wonder why we don’t save enough money. They understand that – in order to become a doctor – you must be hard working, intelligent, and dedicated to the cause. These are the same attributes – when they are applied correctly – that result in financial success. How in the world can doctors be bad with money, then?
If you have ever wondered about how much you can take out in retirement or if you will be able to withstand a down market right when you retire, this post is for you. It is a case study with graphs and charts that will help you better understand the dilemma, and whether you have “enough” to be financially independent. It is a must read.
I was listening to one of the What’s Up Next podcasts (Episode 18). This particular episode featured four financial advisors. Interestingly, I know all four of them (and one of them is a recommended financial advisor on this site, with one of the other four soon to follow). The podcast was wide ranging, but one … Read more
We all need help sometimes. But is it worth paying for it? Come see what I think about whether there are any reasons to use a financial advisor. If you’ve been following along, you might be surprised to see what I say.
It’s been a crazy roller-coaster of a ride. Gonna become a financial adivsor. Now I am not. Come read today’s post where I discuss why I decided not to become a financial advisor.
Do I need a financial advisor? One of the most common questions that I get in person and on the blog. The short answer is I don’t know. The long answer is that you won’t either, but I bet this post can help you!
Today’s post will be the first of many in my journey to become an Investment Advisor Representative (IAR). Come find out why I am doing this while working full-time as a physician anesthesiologist. And what my plans are when I finish.
