5 Steps to Wealth

For new physicians, becoming wealthy is not as complicated as you maythink. Begin today and you'll be on your way to financial fitness.Consider these 5 simple steps to building your net worth:

• Develop a financial plan by identifying your specific goals.
• Develop an investment plan that will help you reach your goals.
• Put the plan to work, beginning with a portfolio of low-costmutual funds.
• Take advantage of tax laws, using IRAs, 401(k)s, and other tax-deferredplans.
• Buy and hold. Never attempt to time the market.