The correlation between a high-income occupation and net worth is not inherently a positive one. When I think about this truism, I am reminded of medical practice, one of the noblest professions in the world. The concepts of finance and accounting are alien for many doctors, since you of course…
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Mid-career financial planning: Diversify your assets to ensure a secure future
Established doctors who are busy and are at the peak of their careers typically see an exponential rise in their incomes. By virtue of this income growth, they manage to acquire their first house, a bigger clinic, and can save for important investments such as their children’s education. “Asset allocation…
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