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The Physician Philosopher Portfolio

As part of this website I plan to follow my success in increasing my net worth and gaining ground towards becoming financially independent.  I want to be as transparent as I can to allow people to see how this can be done via a real person who is making real decisions (good and bad).  The … Read more

Should I go to medical school?

Should I go to medical school?

It is a common question asked by those thinking about going into the field of medicine, “Would you go into medicine again if you did it all over?” Sometimes they ask, “Would you tell your son or daughter to go into medicine?”  Today we are going to look strictly at the financial aspect of this decision.

Should I Invest Pre-Tax or Roth for my 401k?

Should I invest pre-tax or roth for my 401K?

If you are reading this site, then you have likely come across other websites geared towards high income earners. The vast majority of them will tell you to invest your 401k/403b money in a traditional (pre-tax) manner. The reasons for this are many, but let me lay out the opponents argument before I tell you why I prefer a ROTH contribution to my 403B:

Pay off my student loans or invest?

Sometimes the head and the heart just can’t agree.  Paying off debt provides more peace of mind than making more in the market investing.  The math doesn’t make sense, but what is the point of wealth if you aren’t content? What does your head and heart think/feel?

Moderately Frugal: Wealth without Wellness

retirement plans

Quite possibly, this should have been my first post.  A significant portion of this blog is going to be focused on building wealth and my personal journey to get there.  Being a philosophy major in undergrad, this begs the question:  What is the purpose of obtaining wealth?

The Physician Philosopher Manifesto: A Journey to Wealth

Philosophy

Throughout the first thirty years of my existence I did not learn a thing about personal finance from just about anyone.  Not my parents.  Not my grandparents.  Certainly not my medical school.  I had to learn it on my own, which I found to be very frustrating.  In fact, my journey started when I noticed a book (Boglehead’s Guide to Investing) sitting on my friend’s coffee table.