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Journal Club 09-02-22 – Passive Income M.D.
Here’s Journal Club 09-02-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!
- Why do so many doctors start investing later in their careers? What is their biggest obstacle? Repaying their crushing student loans, perhaps? If so, is it possible for doctors to start investing one or two decades earlier in their career, just like their peers? The White Coat Investor explains that it may be challenging to think of investing when your net worth is in the negative. But there are plenty of ways to use the magic of compound interest to your advantage as a high-income earner, and shares beneficial tips for building wealth in the article – 8 Reasons Why Doctors Are Lousy Investors and How to Overcome Them.
- The idea of retirement differs from person to person. Some believe in saving every penny and retiring as soon as they can, while some choose to spend as they go, never thinking about retiring. However, most of us fall somewhere in between these two scenarios. To which, the author of Financial Success MD encourages us to view retirement as a point in our lives and not as the end goal. Further, the author discusses the…
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