Hello and welcome to Doctor Money Matters website. This is the first blog entry. I am creating this site for my podcast to develop a community of physicians, dentists, and other health professions doctors who are interested in financial independence.
The costs of attending medical and dental school continue to rise and leave new graduates with ever increasing amounts of debt. Meanwhile the financial benefits (though still great) are decreasing and continue to be the targets of health care reformers. These are just two factors of many that make it important to learn to invest wisely and inexpensively and to save money where you can. The cost of paying others to do so is just too great for very little (if any) increased performance.
A little bit about me:
I am a hospital employed radiologist (The opinions on this website and podcast and associated social media sites do not necessarily reflect those of my employer). Prior to this position, I served as a physician in the US Air Force. Ever since college, I have been interested in finance, though I really just dabbled in the stock market. In the last 5 years, I have really spent a lot of time trying to understand personal finance and am continually amazed by how few of my colleagues do.
While this site will be geared towards personal finance initially, I would also like to explore professional financial topics such as contract negotiation, salary and employment trends, what to expect if starting a practice. I will try to make blog posts, and podcast interviews relating to these different topics.
I would also like to explore investment options such as roboadvisors, peer to peer lending, crowd funded real estate, etc. I will share my experiences with these types of investments.