This is a YouTube video titled "Advice from a Multi Millionaire Doctor #millionaire #doctor #wealth" containing a monologue or talk from October 30, 2024, where a speaker (SPEAKER A) shares personal finance advice for doctors, emphasizing saving, investing early, and financial literacy post-residency. The content is focused on wealth-building strategies for medical professionals.
Post residency, you know, when you start working, start saving. I mean as you said, live like a resident for the next four or five years, you know, during residency please study, you know, some personal finance and be, you know, have some literacy because that was one of the drawbacks which I had no personal, you know, literacy. I didn't even know how to file a tax and what the brokerage account is till I, you know, started earning money. Before you start the family, if you're young, work as much as possible. Just focus on working, earning, save and keep investing. I mean like just upfront that investment in the first five years, I think up front you need to save, save and save and invest money. That's as simple as that. Control your ego and stuff because you're a doctor. I mean like, you know, you can, you'll get time to spend all your money.
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