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INVESTING FOR THE BUSY PHYSICIAN DAD


Dont have time to stare at your trading app while rounding. Tired of spending hours reading blogs watching CNBC. If you want investing to be hassle free read on. 

--One option is to get a financial advisor. Someone to take care of your investments in a completely hands off fashion. It is very important you get someone with a FIDUCIARY  RESPONSIBILITY. Also right qualifications like CFP. 

--If you want to do your invesintg make it as passive as possible. Start early and invest in thing you understand. Low hanging fruits:

                   --Make a financial plan.

                   --Budget

                   --Max out your 401K- you can set a retirement target date fund  as a passive option. 

                   --Do a backdoor roth conversion 

                   --Beyond that invest in a taxable account, real estate etc. 

                   --In these account invest in low cost mutual funds like vanguard or fidelity in a combination of stock and bond which changes as time passes

--Resources:

https://www.whitecoatinvestor.com/ -- the OG for physician finances. 

https://www.bogleheads.org/forum/index.php -- good place to ask about your index funds.

https://passiveincomemd.com/  -- Passive real estate investing. 


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