financial
Journal
Dollar-Cost Averaging In A Bear Market
In March 2020, international markets nose-dived due to the COVID-19 pandemic's economic impacts. At that time, I had been an attending physician for only six months. I made the decision to make a large,...
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Journal
Determine Your Fixed Monthly Expense
Besides focusing on ways to increase income, I think it's just as important to periodically evaluate one's fixed monthly expenses. In general, I try to place as many expenses on my credit card as...
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Journal
Fidelity Backdoor Roth IRA
This post was written based on the limits for 2023. The maximum contribution, MAGI, etc. may change year-to-year.
At the time of updating this post for 2023, a Roth individual retirement account (IRA) is a...
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FAQ
Financial And Insurance Tips For New Attending Physicians
One of the unfortunate aspects of physician training is that although we spend countless years and dollars learning how to become competent clinical decision-makers, there aren't many lessons on financial management. As new attendings,...
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Journal
Fidelity Retirement Portfolio Distribution 2020
I don't consider myself a financial advisor or expert, but I've been trading stocks for over a decade and wanted to delve into mutual funds with my retirement portfolio. Most of my colleagues picked...
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Journal
My Retirement Plan – Roth IRA, 403(b), 457(b)
Income and wealth are two entirely different entities. One can have a high income but make horrible financial decisions that focus more on pursuing "wants" rather than making sound decisions for the future. Here's...
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