Smart investments for physicians in 2021

In terms of finances, many physicians begin their career with a huge burden. On average, medical school debt amounts to around $215,900. And that excludes education-related debt accrued before entering medical school. Once medical students go on to become full-fledged doctors, they can expect to shell out between $365,000 and $440,000 for loan repayment — that's around $165,000-$240,000 solely from interest. That's why physicians need to be smart in their financial decisions. One good method of saving and earning is through investing.

Here are four options you can consider: