Doctors often carry concentrated, profession-specific risks, and a portfolio that ignores those exposures can leave them more vulnerable than their balance sheet alone would suggest.
Mark Twain once said, “History never repeats itself, but it often rhymes.” So it is also with the financial markets. Just because a stock behaved in a certain way in the past, doesn’t necessarily mean that it will behave similarly in the future. Technical analysis is rooted in the pursuit of higher market returns based…
In a previous article, we highlighted 5 doctor-specific personal finance book recommendations from The White Coat Investor. Now, we’re back with four bonus doctor-specific personal finance book recommendations. Dr. Jim Dahle, a practicing board-certified emergency physician, author, and personal finance blogger at The White Coat Investor, is committed to helping physicians achieve and understand financial…
Whether you are just starting in the workforce or are years deep into your career, a common thought lives in the back of most employees’ minds: retiring. When planning for retirement, it’s important to start as early as possible (but better late than never). Here are some things to consider when starting your retirement planning…
From Financial Planning Industry Thought Leader, Michael Kitces When it comes to designing and formulating a financial plan for the future, you may decide it’s best to hire a financial professional to help guide you on your financial journey. A financial professional can provide an objective and experienced second set of eyes, helping you avoid…
An essential aspect of maintaining your physical health can be receiving an annual checkup from your physician. Health and wellness are a high priority for many, and this checkup provides an opportunity to foresee significant problems and receive feedback on how we are doing. Our financial wellness can be similar. It can be healthy to…
Each new year seems to arrive before we know it, but each one allows a fresh start to initiate new habits and practices that will better us in many facets of our lives. When we think of improving our lives, the first thoughts usually relate to our health. Of course, many will start with the…
Everyone loves seeing their investments in their brokerage account or retirement plan grow from month to month. However, many people don’t understand the tax implications of successful investing. Without deliberate planning, tax consequences can substantially wither an otherwise healthy investment return.