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Another Second Opinion

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Another Second Opinion
General Finance
investing, tax reduction, passive income, saving, physician
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Blogger Bio

Net worth:
Irvine, California, United States
Life stage:
SIK (Single Income, Kids)
Physician (Anesthesiologist)

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Latest Blog Posts

Never was I used to having money to invest, it seemed like I always found a way to make income = expenses.  Such was the life of the young, naive 20-something year old who had no idea how to build assets. Going into my 30’s, I began to read more, study more, and inquire more when it came to finances.  This led me to finally figure out what this investing thing ...
Posted: Sep 18 2017 @ 9:37 AM
The natural follow-up to: Buy Low. Sometimes High.      While I have the Yin-Yang thing going on with the titles of these article, the premises are different.  With buying, the only way to know whether you’ve made a good purchase is to know the future price, which isn’t possible.  With selling, you know whether the price increased or decreased since you when you bought it.     When you decide to sell a ...
Posted: Sep 11 2017 @ 11:00 AM
Everyone has heard the mantra: Buy low, sell high.     It’s brilliant, why wouldn’t you sell something when its value has peaked in price?  Similarly, why wouldn’t you buy something when it’s as cheap as it can be?  It’s like the financial equivalent of, “drive safe.”     In the perfect world, obviously we would buy low and sell high, but how do we know when the low’s the low and the high’s ...
Posted: Sep 05 2017 @ 11:00 AM
Let me start by saying that I am a huge Dave Ramsey fan.  When I completed residency and began my current position, The Total Money Makeover was the first personal finance book I read, and pardon the cliché, but it changed my life.  It instilled in me a strong foundation in money management and offered me a road map to handle the situation I was in: hundreds of thousands of ...
Posted: Aug 30 2017 @ 10:44 AM
Pop-quiz hotshot, fill out this chart: If this was too easy for you, move along, this isn’t the post you’re looking for.  If you’re slightly unsure, either follow along or skip to the end.  *Spoiler alert, I’m going in order.   Retirement Accounts There are so many to “choose” from it seems slightly overwhelming at first.  You really don’t get that many choices, if you’re self-employed you can’t invest into a 403(b), if you’re ...
Posted: Aug 22 2017 @ 12:45 AM
“Ask not what your money will do for you-ask what you can do for your money” -Anonymous I think what this Anonymous fellow is trying to say, isn’t “what will you do for money?” because frankly, we probably don’t want to know what you would do for money, but rather, “what will you do for your finances?” We all want our money to grow and grow and be there for us when ...
Posted: Aug 17 2017 @ 5:06 PM
I love finding easy ways to save/earn money. The trick is when I come across an extra $5 in savings or a $10 check from a rewards site, I immediately invest the money. Truthfully, these small amounts don’t really mean much to me today, but if I develop the habit of always putting this “extra money” aside and letting it grow, it should become a nice little chunk of change ...
Posted: Aug 12 2017 @ 11:22 AM
Hey everyone, We are off and running! I still am figuring out how this site will go, maybe it will just turn into a page where I post funny videos and pictures. Hopefully it’ll become a place you’ll visit to get ideas, support, feedback, reassurance as you navigate this game of money. I decided to start this site because I was all too often “coaching” our young partners to take advantage of ...
Posted: Aug 12 2017 @ 12:55 AM


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