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Today
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Step One: Put-and-Take Account
Develop a stable checking and/or savings account by this date. -
High School Graduation
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Step Two: Beginning to Invest
Start investing in low-risk things, such as bonds and mutual funds. -
Complete undergrad studies
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New Car
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Step Three: Systematic Investing
Begin investing in stocks, mutual funds, or annuities. -
Complete Medical School
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Internship
Complete Intership -
Residency
Complete Residency -
Fellowship
Consider a fellowship (specializing in sports medicine, pediatric orthopedics, or other specialties) -
New Car
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Step Four: Strategic Investing
Start diversifying my investment portfolio further. -
First House
First House -
New House
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New Car
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Step Five: Speculative Investing
Begin thinking about investing into high risk things, such as penny stocks or collectibles. (Do not need to enter this stage if uncomfortable) -
New Car
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New House
Settle into a nice house I can live the rest of my life in. -
Retirement
Enter retirement.
