Remove Education Remove Individual Remove Information Remove Medical Advice
article thumbnail

Be The Market: How Doctors Should Invest Their Money

The Motivated MD

How, then, can any physician find the time to research individual companies and make educated decisions on which publicly traded businesses are undervalued? Instead of investing in individual stocks, why not buy all the most economically impactful stocks in a proportion that reflects an index of the market? We simply cannot.

Finance 52
article thumbnail

How Doctors Should Address Lifestyle Creep

The Motivated MD

However, I think it is important to highlight some of the more frequent offenders to describe how this commonly affects individuals’ lives. Though this is in no way an exhaustive list, the following represents what I believe to be the most common culprits of lifestyle creep and financial pressures in individuals’ lives.

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons Learned From My Hiatus

The Motivated MD

Save this much, withdrawal at this rate, diversify your portfolio, guard against disaster, et cetera, et cetera… Though I absolutely love writing about my personal finance journey, I also felt like I had shared much of the information necessary for physicians to easily amass wealth and avoid overly risky investments. The Motivated M.D.

Finance 52
article thumbnail

When Should Doctors Begin Investing in Real Estate?

The Motivated MD

We are a collective profession of high-earning and driven individuals. With a significant portion of our income now free from the shackles of educational debt, we can entertain new ways to invest our earnings and grow our wealth. I understand the incentive, sure. Like so many of you, I have little background in real estate investing.

article thumbnail

Choosing to Rent or Buy a Home in 2025

The Motivated MD

The decision to rent or buy a home is the root of much anxiety in many individuals’ lives. I overhear individuals say things like ‘owning a home is the best investment you can make,’ and’ if you are renting, you are just ‘throwing your money away.’ Take the time to play around with these calculators.

Finance 52
article thumbnail

Should Recent Weather Events Impact Your Emergency Fund?

The Motivated MD

Helene highlighted that even wealthy communities and well-financed and well-educated populations can be caught off guard and devastated. In the wake of a hurricane as devastating as Helene, tens of thousands of individuals are likely filing claims, surely totaling billions of dollars. Stay motivated! The Motivated M.D.

article thumbnail

How Doctors Can Save More and Do Less

The Motivated MD

For the better half of 2024, I have been periodically writing posts that are individual articles that double as potential chapters to a future book. Before we discuss each individual savings account, let us first highlight exactly what it means to ‘automate’ your savings. Saving money is simple but not easy.

Finance 52