Jump Start Your Savings on Ebay

A couple of months ago I decided to clean up my apartment.  I realized that I had a ton of extra stuff that was just taking up space.  In fact, a lot of it was old electronics, old video games, baseball cards, and some paintings.  I didn’t want to throw any of it away, butContinue reading “Jump Start Your Savings on Ebay”

Cash Generating Assets

One of the best ways to become wealthy is to spend your money on streams of profit.  Another way of saying this is to collect cash generating assets.  These can be anything that generate cash.  They can be a franchised fast-food restaurant, ownership in a stock that pays a dividend, or royalties from a bookContinue reading “Cash Generating Assets”

Inflation

Inflation is one of the most important concepts that a person can learn about when it comes to economics.  In a very simplified explanation, the inflation rate is the rate at which all prices in general are rising in a market over a period of time.  Thus, when prices increase each dollar can buy less. Continue reading “Inflation”

Investing Now vs Investing Later

Everybody knows that the sooner you start investing and saving, the more money you will end up with.  So why do people always put off saving money and investing?  Part of the reason is because they do not realize what the opportunity cost is.  If most people saw the difference by the numbers then theyContinue reading “Investing Now vs Investing Later”

Rationing Healthcare

During medical school, we were often challenged to write about our thoughts pertaining to the current state of healthcare or ethical dilemmas. These were great thought-provoking exercises because they forced us, future doctors, to think about the problems plaguing the healthcare system. This kind of preparation would hopefully, one day, give us the tools weContinue reading “Rationing Healthcare”

Dollar Cost Averaging

When most people are ready to start investing, they have no idea how to actually deploy their capital into stocks.  The most frequent questions I get asked are should I wait for the market to pullback or should I just jump in now?  How and when you invest in the stock market can make aContinue reading “Dollar Cost Averaging”

One of the Oldest Ways to Increase Savings

This weekend I decided to sit down and roll all of my loose change in order to deposit it at Bank of America (BAC).  For some reason BAC only accepts rolled coins and will not take more than five dollars in loose change deposits.  Regardless, I have always found that loose change is a greatContinue reading “One of the Oldest Ways to Increase Savings”

I Love Being A Nerd

In today’s world it sometimes bothers me to see that everyone concerns themselves with being “Cool” rather than just being themselves most of the time.  Growing up and all throughout school including medical school, I have always been seen by my peers as one of the cool kids.  I never asked for it, and IContinue reading “I Love Being A Nerd”

The Investor Mindset

If you want to invest in the stock market you have to go in with the correct mindset.  You have to be committed for the long run and you have to be confident in your investments.  If your investment drops 10-20% you cannot panic and sell.  That is one of the biggest mistakes that beginnerContinue reading “The Investor Mindset”

The Cost of Medical School

I have already discussed how going to medical school may or may not be worth it financially and probably isn’t worth it socially; however, should you choose to go to medical school, the costs can be great.  Have you ever looked at the figures of medical student debt and thought to yourself “How in theContinue reading “The Cost of Medical School”