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Welcome to the blog!
A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.
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How Do You Make Money in a Venture Capital Investment?
What has to happen to successfully make money in a venture capital investment, how the VC firm makes money vs how an LP in a fund does, when payouts occur, & risks
What Types of Insurance Do Most Physicians Need?
The basics of insurance for physicians, with categories of coverage needed, including malpractice, disability, life, umbrella, & health coverage, & how much to buy.
How Physicians Can Protect Themselves Against Identity Theft
Why physicians are vulnerable to identity theft, how to protect yourself and ways to prevent financial & professional fraud, & what to do if your identity is stolen
How Are Sign-On Bonuses Taxed?
How sign on bonuses are taxed, why your bonus paycheck may be smaller than expected, how withholding is different for signing bonuses, & how to strategize timing
Do I Need a Financial Advisor?
What physicians should consider when evaluating if they need a financial advisor, including complexity of finances, stage of life, costs, & discipline to DIY
10 Money Principles All Doctors Should Know for Financial Success
10 basic money and investing principles to guide doctors through budgeting, saving for emergencies & retirement, buying a home or car, & protecting their finances
Should I Buy Life Insurance for My Kids?
Why it usually doesn't make sense for doctors to buy life insurance for their kids, and the specific situations or cases when it might make sense for your children
Choosing Your Asset Allocation When Investing in the Stock Market
Factors to consider when choosing your asset allocation between stocks, bonds, cash, & alternatives, accounting for age, risk tolerance, investment horizon, & goals
Choosing Which State’s 529 Plan is Best To Use
Choosing which state’s 529 is best to invest in for your situation, & how to pick based on tax benefits, flexibility, fees, investment options, restrictions, & perks
Differences in Investing in Venture Capital Funds vs. Angel Investments
What the difference is between investing in venture capital funds vs angel investments, & how to pick based on risk, exposure, & amount of money available to invest
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