Noah Kaufman is an emergency physician and financial planner.
As the world becomes increasingly digitized and economic realities continually shift, there has been a growing conversation among medical professionals regarding investing, particularly in digital assets like Bitcoin. The appeal of Bitcoin is substantial, especially in an era marked by high inflation rates. Bitcoin is the first “programmed” money that relies on math and code. It has an open public and simple code and has never been hacked. This is …
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As doctors, we carry more educational debt than most other professionals. We want to enjoy a nice lifestyle for our efforts, so we buy nice houses and spend our money. To make our hard work and sacrifices worthwhile, we have to invest our earnings to keep up with inflation.
Choosing how to invest our money is full of risk. One under-appreciated risk that we face — even if diversified — is …
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Not only is an audit unlikely to happen — if it does, it’s rarely a huge deal.
Few words inspire such fear in the hearts of Americans as “IRS audit.” But one of the biggest mistakes that taxpayers make is letting fear of the IRS stop them from taking advantage of tax savings they deserve. Especially for locums tenens docs and other 1099 income earners since the 67,000-page tax code favors …
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