Investment portfolio

My investment portfolio is stupid simple and passive. I buy the US stock market and hold for at least 3 decades. 100% stocks for now, will re-balance as my risk tolerance decreases with age/nearing retirement. I know of an financially

Mortgage payments, biweekly or refinance?

I wrote this post several months ago. As soon as I was liberated from the onerous 6.8% interest of my student loans, I turned my attention to my next most expensive (highest interest) debt. My then mortgage was a doctor’s

What should I do? 350k @ 6.8% interest rate, 3 more years of training.

What should I do? 350k @ 6.8% interest rate, 3 more years of training.

I recently met a colleague in the surgical field, who’s in his 4th year of training, with 3 more years to go. His numbers may apply to many at the same level of training. I figure I can take this

How to increase my savings rate to 50% and more?

Since I just started radiology and got a whooping 2k raise for 2015-2016, time to revisit my budget and see if I can save more efficiently. From my pgy2 income, not including my side job in tutoring, Monthly Pay$4,461.08 Federal

Doctor’s vs. Conventional Mortgage

This post is an expansion from a discussion with an attending reader who’s considering doctor’s mortgage. Since within the last year I have purchased my first home with a doctor’s mortgage, and then refinanced it to a conventional mortgage. I would like

Mortgage refinance 7 months after buying my 1st home.

This post boils down to Interest saving is guaranteed and tax-free gain, especially sweet when 1. it comes @ no cost/fees 2. it frees up additional cash flow 3. it allows you to build equity faster  4. The above can be accomplished

Numbers speak louder than desires…

Numbers speak louder than desires…

We recently faced the dilemma of whether to purchase another home so that my parents can live in one of them and we another. We COULD afford a 2nd home mortgage/expenses, but I suspected it was NOT a numerically sound choice. Since

What to do with 80k?

What would you do with 80k cash flow over 2 years? Pay down/off student loan? Buy your first home? Buy a second home? Pay off credit cards? Max out ROTH space? Max out pre-tax retirement savings? Buy term life insurance?

Timing Credit Trough’s

Dear Readers, I have a confession to make. I recently got my personal record low credit score of 717 (based on experian credit bureau, my transunion credit score is still 740, but down from 800; haven’t checked my equafax credit score.)

Debt free and Debt leverage

This series of posts is sparked by an ongoing conversation with my fellow radiology resident Bo Liu (no relation to me) of Re: student debt management and net worth accumulation. Our discussions cover many bases, so I will address individual key points in separate posts.