article thumbnail

Be The Market: How Doctors Should Invest Their Money

The Motivated MD

Here are a few reasons: Overwhelmingly, index funds have lower expense ratios because they are passively managed. No significantly excessive charge is needed to manage a fund that just mimics a market index. Diversification is a strategy for managing risk by holding different types of investments within a portfolio (e.g.,

Finance 52
article thumbnail

How Doctors Should Address Lifestyle Creep

The Motivated MD

If you can control your evolving income, you will find yourself actively managing budgetary increases, tackling your financial goals, and rewarding yourself regularly, all while preventing the insidious form of lifestyle inflation. I do not provide nor engage in rendering legal, accounting, or other professional services.

Finance 52
article thumbnail

Choosing to Rent or Buy a Home in 2025

The Motivated MD

It shows that you can manage a large debt and make payments regularly without defaulting. I am in no way, shape, or form a financial professional, nor does this site provide formalized financial advice. I do not provide nor engage in rendering legal, accounting, or other professional services.

Finance 52