Categories
All Articles

How Does Passive Income Work?

Quick Review Of Passive Income When I invest in stocks or mutual funds these companies use my money to invest it back into their growth. They sometimes will pay me dividends in order to entice me to continue investing with them. Or they know that more people will buy their stocks which will drive the price of each […]

Categories
All Articles

My Passive Income vs. My Expenses

Passive Income To Support My Expenses = Early Retirement When these 2 lines touch and cross I’ll be retired…. bam, it’s that simple! The red line is what I spend every month and the blue line is what I make every month from my investments (not my income from my job). The red line is a […]

Categories
All Articles Clinical Career Non-Clinical Careers

Financial Freedom & Being a Physician

I’ve referred it so many different things in various posts. Financial solvency, financial independence, financial freedom. The idea behind these phrases is to no longer allow money to have control over your life. The majority of these ideas came from Mr. Joshua Sheats. When you no longer are dependent on steady income from your job […]

Categories
All Articles

Should You Invest Your Money Or Put It In A Savings Account

  There are a lot of opinions out there about living off your money. Here are the oft repeated concepts: invest it in stocks and/or bonds invest in CD’s keep it in your savings account invest it in businesses/real estate The majority of the articles written online are paid for. The internet isn’t all Wikipedia. Matter […]