fbpx

physician

The Fifth Philosophy: How to Slay a Bear Market

Could you stomach watching $500,000 turn into $250,000 over the course of months, or lose $100,000 in one week?  A Bear Market is not the time to find out who you are in terms of your ability to withstand corrections and recessions.  You need to have a plan  to slay the bear market before it comes!

How Contagious Discipline Killed the Bear (Market)

A plan that was attempted and failed is always better than failing to plan.  Right?  If you don’t plan at all, you are just guaranteeing failure.  Being mentally, relationally, spiritually, physically, and emotionally disciplined all have guaranteed dividends. But how does discipline kill a bear?

A new golden rule? The Doctrine of Charity

Charity is defined as “the voluntary giving of help, typically in the form of money, to those in need.” While charity via giving money is a good thing (and one we encourage!) it is not the only form of charity. Charity can be given through a variety of mechanisms to “those in need.” One way is through the Doctrine of Charity.

Budgeting: Four False Assumptions

Budgeting has earned quite the bad wrap.  It is often viewed negatively whereas “tracking spending” is viewed as the positive term. Today we will look into the top four false assumptions regarding budgeting, and discuss why it may be a necessary and beneficial endeavor.

What is Compassion Fatigue? An absence of Hesed?

What is Compassion Fatigue? An absence of Hesed?

Hesed is often translated as loving-kindness, but it also encapsulates mercy, loyalty, and even compassion.  Hesed seems to be the ideal way that we should think and care about others, particularly our patients.  In a world that is more jaded by the day, Hesed seems to be less and less common.  What is more common now is something called Compassion Fatigue.  Today we will discuss exactly what Compassion Fatigue is and ways that we may be able to combat it’s evil forces.

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

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

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.

Five Steps to Building Wealth

As I started accumulating financial knowledge through reading books or visiting financial blogs aimed at high-income professionals, I started to learn that debt was something to be destroyed.  It delays building wealth.  I don’t want that to happen to you. So, keep reading to find out more about wealth and how to build it.

Choosing the right Medical Specialty

Choosing the right Medical Specialty

I always tell students I work with the following:  You have to LOVE the good aspects about your chosen specialty and be able to PUT UP with the negative aspects. What do I mean by that?