Which one is better to invest in? Real estate vs Stock Market
Stock Market Pros: Less time commitment Beats real estate investment over long terms More liquidity No headaches with tenants Can do from the privacy of...
Author: investingmd
What to keep in Legacy Binder or Death Binder or The Big Book when you die?
Keep any and all important documents or their copies or any info about important things Driver’s license Insurance policies-Home owners, auto, life, disability Marriage Certificate...
Should you invest in 457b plan offered by your employer? Differences between Governmental and Non Governmental 457b plans?
457 plans are either Governmental or Non Governmental Governmental 457b: You can roll over into IRA once you leave the job. Non Governmental 457b:...
How to earn maximum money moonlighting during residency or as attending?
Focus on 20% of the tasks that give 80% of the results. Avoid tight fitting shoes as you get tired easily with them. Wear comfortable...
How much hould you invest in 401K? Advantages and Disadvantages
401 K is an excellent investment for a lot of people especially high earning individuals. You can save 1/3rd of the $18K in taxes assuming...
Back door Roth IRA for high earners like physicians
Money in Roth IRA grows tax free forever until you withdraw They do not force you to withdraw with RMDs [Required Minimum Distributions] like they...
What are Tax Efficient and Tax Inefficient Funds, Taxable and Tax Advantaged accounts?
TYPES OF FUNDS OR INVESTMENTS: Tax efficient funds-e.g. Total stock index funds-produce low dividends, qualified dividends. These are best located in a taxable accounts. ...
How much money needs to be accumulated or saved for retirement?
This number is very variable as it depends on a number of factors Where you live-cost of living When do you retire? What kind of...
What is the difference between Regular Mutual Funds and Exchange Traded Funds [ETFs]? Which are better?
ETFs are mutual funds that trade like stocks on an exchange. They have low expense ratio They are priced continuously through out the day unlike...
How to calculate your networth?
Net Worth=Total Assets-Liabilities First, add everything you own in dollar amount. Second, add every dollar you own Subtract one from the other. If you are...
