Many people have enjoyed the successes (and more often the failures) of investing in individual stocks. If you have ever wondered if you should invest in individual stocks, this post is for you. And, if you currently do this sort of thing, I might call you a loser in this post. Read it at your own peril.
The relationship between money and happiness is complicated. Left to our own devices, most people just don’t get it. The sooner we understand this important relationship, the more likely we are to find that happiness we’ve been looking for. Otherwise, we’ll just saying, “Mo’ Money, Mo’ Problems.”
The Alternative Minimum Tax (AMT) is an archaic tax law that was originally intended to make sure that high income earners were “paying their fair share.” As if the tax law was not complicated enough, the tax law experts thought it necessary to not only calculate your taxes once, but twice. The first time it is calculated through the regular methods (brackets, etc) and the second time through the AMT. Whichever is higher is the tax you pay. So, today we will answer the question “Will I pay the AMT”
Recently I felt a bit like the dog who finally caught the tire he was chasing. I’ve been tasked with making a personal finance curriculum for the senior MD, PA, and SRNA students at my medical school. Now, I need your help! Please, leave a comment and let me know what you think are “musts” to include!
We all do it. We compare our lives to those around us. The same happens with money, but it often proves harmful. Come find out why personal finance is personal (and why it should stay that way).
I’ve been blogging for 15 months, and I guess it’s time I officially introduce myself… My name is Jimmy Turner, and it’s good to meet you! Tag along as we discuss the background, the big reveal, and the future direction of the blog.
The Physician Philosopher Book publishes soon! Come find out how to snag a free copy. I want this book to be helpful for as many people as possible. So, share the details with your friends, too. Oh, and you won’t believe who is writing the foreword!
What would the typical person who knows very little about personal finance think if they stumbled upon the personal finance blogging world? Would they feel welcomed…or shunned? How should we focus on having these conversations with others?
Today’s post hopes to answer the following question: As doctors, why do we have a target painted on our back by financial professionals? Let’s talk about five targets that doctors provide. Hopefully, through this discussion, you will be more aware of how and why people aim to steal a part of the pie that is rightly yours.
There are a lot of reasons why doctors make financial mistakes. Many of them – that I am going to spend some time disproving today – were caused by lies, myths, and otherwise untrue statements that are told to us. Today we will dispel four lies about money that are told to physicians, which prevent them from making the right choices.
Our networth exploded this year because we have been living on 20% of our income, which was only possible because we didn’t buy a house. In fact, the more that I think about it, the more I realize that buying a house after residency is likely the number one reason physicians take so long to reach financial independence, if they reach it at all. Today’s post discusses our thought process.
s I was watching one day, it started to amaze me how comfortable the birds were jumping from post to post on the feeder or from branch to branch. Often times at a distance taller than the bird itself. It dawned on me that the reason they are so comfortable taking this risk was because they knew if they made a miscalculation, they had wings. Today, we talk about how side hustles give us wings – and asset protection.
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