Author: admin

Why you can’t beat the market with individual stocks

We all have met the physician that no matter what topic is brought up, always seems to have not only an opinion, but also wants everyone to know that they appear to know a great deal about the topic. There are lots of phrases to describe this person: The “one upper”, the “know-it-all”, or the “expert-in-everything” physician. This sometimes grandiose belief extends into in investing realm.… Read the rest

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Poor Financial Decisions by Students and Doctors

As a resident and even medical student there were no shortage of poor, sometimes borderline nonsense financial decisions by my colleagues. Since I’m pointing the finger at others, I will also admit that I am not totally immune. I made one poor financial decision (spent more on vacation that I should have). This post will explore some of the comment ways that we blow money and why they are often poor decisions.… Read the rest

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Average Amount of Debt for Graduating Doctors

One of the most exciting times in a young doctors life is getting that acceptance letter from a medical school. However, soon after comes the worry from the new medical student and even possibly their parents about how they will pay for their medical education.

MD on Credit

I still recall my days of filling out the Free Application for Federal Student Aid (FAFSA) and applying for student aid.… Read the rest

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Welcome to InvestingDoc

I hope everyone is having a great Fourth of July weekend and was honored to have the site mentioned in the Physician on Fire The Sunday Best post. This weekend I have been working hard on content for this blog as I plan on continuing to have posts on Monday-Wednesday-Friday. The site is new and as part of some growing pains it turn out that for those readers who are accessing the website via Microsoft Edge (Internet Explorer) they may receive a message that this website was flagged as potentially unsafe.… Read the rest

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Financial Advice to Medical Students

What financial advice I wish I would have known before starting residency

 

Today is a very special day, its the day that I am no longer in residency and have graduated to an attending. Now that I have graduated with a plan to aggressively pay off debt and increase retirement contributions I wanted to take a minute to look back at what financial advice I would have like to received when I was a pre-med or medical student.… Read the rest

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Budget of a Medical Resident

Looking back at finances during residency:

This post has been cross posted from Student Doctor Forum, the site I originally posted this budget. I’ve been getting more and more into personal finance since I am a soon to be attending. Since the new interns are going to be starting soon, next week, I figured I would post my budget and update it over time after I become an attending in a month or two as I will not be doing fellowship.… Read the rest

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First Post

I have decided to start this website after developing a passion and deep interest in personal finance and investing. Although I still do not have much money as a new graduate, I still believe its important to make the best use of what I currently have and to learn about how to safely invest my money in the future. This website will continue to be filled with topics that are relevant to anyone finishing a professional degree.… Read the rest

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