Doctors gain from the advantages of both active and passive investingThe debate between active investment strategies, meaning hands-on investing with a portfolio manager’s help to beat the market, and passive investment, holding onto securities through the market’s ups and downs, is unlikely to subside any time soon.
Refinance your investment portfolioWhen it comes to investments such as mutual funds and exchange traded funds (ETFs), most people bury their heads in the sand and cringe at the thought of figuring out how to reduce their investment’s annual expenses.
The secret to smart investing for physiciansThe secret to smart investing for physicians is finding your number and the right financial professional to help you reach it
Understanding behavioral financeA 3-step program to better investing
5 questions to predict successful investment performanceWe estimate less than 1% of the general population knows what to ask before considering investing in a company. MarketWatch paraphrased Warren Buffett, “Put your money in index funds and move on . . . Seriously, you’ll do better. That's what I plan to do with my own money once I am gone.” In short, buy index funds. Ample evidence proves the vast majority of investors would be considerably better off following this advice. Without unique knowledge, active investing is simply a guessing game.
Why doctors should focus on goals, not returns to become wealthyIt is actually easy to become wealthy slowly. It is very hard or impossible to do so quickly by focusing on returns.
The key to saving money is like watching paint dryIt is magic—you just save, invest wisely and unemotionally, and you have wealth at the end. Really.
A more costly financial move: A bad one or one not made?How do physicians measure the cost of a financial road not taken or a decision not made? One series of studies offers insight.
Physicians need resilience and patience when investingPhysicians encounter terrific stress in their professional lives. How well they handle stress has much to do with personal resilience.
Understanding fixed income investmentsFixed income investments may seem like a safe haven for your money, but there are variables that can negatively affect your return.