Investments

Investments

• Things you can do with your money in your accounts, ideally to make more money but this is not guaranteed, so there are risks.

• Generally, low risk low reward (safe), high risk high reward (not safe)

  • Stocks

  • Bonds

  • Mutual funds

    • Index funds

      • Actively vs passively managed index funds

  • Asset allocation

  • Real estate

    • 50% of physician will change jobs from year 1 to year 2

    • If you aren’t sure, rent, buy if at least staying more than 5 years

    • Fixed costs: taxes, utilities, services