Category

Personal Finance

Strategic Investing: Choosing Between VOO & SPY for Your Portfolio

Strategic Investing: Choosing Between VOO & SPY for Your Portfolio

For doctors considering different investment options, exchange-traded funds (ETFs) can provide diversification, easy buying and selling, and cost-effectiveness. Among the various ETF options, Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF Trust (SPY) are...

Strategic Investing: Why You Should Consider VUSXX

Strategic Investing: Why You Should Consider VUSXX

When it comes to investing, the key is finding the right mix of risk and reward for steady financial growth over time. One useful tool for striking this balance is the Vanguard Treasury Money Market Fund (VUSXX). This fund prioritizes stability and liquidity while...

Strategic Investing: QQQ or QQQm — Choosing the Best Nasdaq-100 Fund

Strategic Investing: QQQ or QQQm — Choosing the Best Nasdaq-100 Fund

The Nasdaq-100 Index is a great choice for medical professionals who want to invest in technology and innovation-focused companies. Invesco’s QQQ and QQQM are two known exchange-traded funds that follow this index. While both ETFs seek to mimic the Nasdaq-100s...

Money Moves: How to Start Investing in Real Estate

Money Moves: How to Start Investing in Real Estate

For medical professionals looking to expand their investment approach, investing in real estate can be a strategic financial move offering steady income, capital appreciation, and tax benefits. Unlike stocks and bonds, real estate allows for leverage, where...

Strategic Investing: What Are the Different Types of Index Funds?

Strategic Investing: What Are the Different Types of Index Funds?

Index funds are valuable investment options due to their simplicity and effectiveness. For doctors and healthcare professionals seeking to diversify their portfolios while minimizing costs, investing in index funds can be a great choice. Continue reading to learn...

Strategic Investing: A Comprehensive Guide to Fidelity Mutual Funds

Strategic Investing: A Comprehensive Guide to Fidelity Mutual Funds

Investing wisely is essential for doctors and healthcare professionals trying to plan for the future. Fidelity Investments stands out as a trusted name in the investment realm, providing a range of funds for both new and seasoned investors. This article explores...

How Much Does Medical School Cost? Tuition, Fees, & Strategies to Save

How Much Does Medical School Cost? Tuition, Fees, & Strategies to Save

The choice to pursue a career in medicine is significant not only because of the dedication and effort it demands, but also the substantial financial commitment required. As the costs of becoming a doctor continue to increase, having a clear understanding of the...

Money Moves: The Best Credit-Building Apps in 2024

Money Moves: The Best Credit-Building Apps in 2024

When navigating the financial landscape of 2024, it's crucial to understand the power of a robust credit score. It opens doors to competitive loan rates, favorable insurance premiums, and even influences hiring decisions. For doctors and medical professionals...

Money Moves: Avoiding the Alternative Minimum Tax

Money Moves: Avoiding the Alternative Minimum Tax

Understanding how the Alternative Minimum Tax (AMT) works and its effects on finances can help you save money each year by legally minimizing your exposure. This blog post dives deep into the AMT, exploring strategies for doctors and other high earners in the...