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Questions to Ask About Investing in the Market

For those of you who don’t feel comfortable investing in the market or don’t know where to invest your money, here are some good questions to start with. Come up a yes/no/meh answer after reading the question. If you can’t answer it, it might be worth researching the topic a little. The money we earn […]

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Retiring On Less Than $1M

Many financial advisors and fellow physicians say that retiring on less then $1m is impossible. In fact, The number I often hear is somewhere in the $3-5m range. You hear $5,000,000 and you start picking your nose, staring off into space. It’s hard to wrap the mind around that much money. Most of us feel […]

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Average Retiree Household Spending in USA

According to bls.gov, the average one-person household retiree spending is just under $17,000 per year. This would be someone over the age of 65 and it includes food, clothing, and shelter. With all spending categories included, the average retiree spends around $31,000 per year. That’s $2,583/month. My first question was, what’s the quality of life […]

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Basic Investing Concepts 2019

I bought my first stock as an investment in 2001. I don’t recall the name of the company, nor which trading platform I used. The strategy was to invest in whatever came across my computer screen at the time in order to grow a tiny amount into a massive sum. My immature investment strategies have […]

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Compounding Returns Are Worth Millions

I gotta give my mom credit, she tried to get me to set some money aside starting at age 18. She opened a mutual fund savings account for me and contributed $50 every month to it. Some time towards the end of college I raided the account, never realizing what I did to the potential […]

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