By Dr. Zachary Zemore, Guest Writer
Being only a few years out of residency, I am deeply immersed in the accumulation phase of my financial journey. Like many readers, I have read all the old White Coat Investor blog posts and have a firm grasp on the financial essentials, such as establishing a proper budget, minimizing expenses, and paying off student debt in a timely fashion. At the same time, I am also maxing out my 401(k) and executing a Backdoor Roth IRA, and I have opened a brokerage account. Thanks to my low cost of living, even with these financial sinks, I still find myself with surplus funds which can be mobilized for actionable financial progress.
What, then, should a reasonable physician do? Certainly, risk tolerance and capacity for further work must be considered at this point. Many physicians elect to capitalize on surplus funds by further diversifying their portfolios with real estate investing. As someone who prefers less risk and desires more free time to be…
This article was written by Lauren O’Brien and originally published on www.whitecoatinvestor.com