Where were you in 1986? What were you doing? It was 35 years ago, but it seems like yesterday, right? I was fresh out of college. Back then, the average price for a new car was $9,255. Today a new set of wheels is going to cost you, on average, about $33,000! The average home […]
Weekly Market Commentary: Our Stock Market Final Four
As the Final Four NCAA Basketball Tournament rolls on in New Orleans, we continue our tradition of picking a stock market final four. We have identified our four key factors for the stock market outlook: 1) Consumer spending, 2) Earnings, 3) Interest rates, and 4) Inflation. We also celebrate
last year’s winner: COVID-19 vaccines. Below we discuss these four factors, how they may influence markets this year, and pick our winner.
Physicians: Why You Need a Financial Professional Who Understands Your Industry
As a physician, you’ve devoted a lot of time to educating yourself, building a career, and providing top notch care that enriches your patients lives, and in the midst of all that, it can be easy to overlook your finances. To ensure you’re optimizing your financial situation and making your hard work pay off in […]
Market Volatility Can Stir Your Loss Aversion
Here is a statement that is bound to cause you to raise your eyebrows: Your long-term financial success may depend less on the structure of your portfolio than on your ability to adapt your behavior to changing economic times. At the very foundation of your financial well-being lies your behavior. In fact, one can plausibly […]
A Guide to Retirement Planning for Doctors
Working in medicine may be challenging, especially with the strain placed on health care professionals throughout the COVID-19 pandemic. Working towards a comfortable early retirement may be a financial goal for some physicians. Here are some suggestions that doctors may use to manage financial independence. Investigate Qualified Retirement Plans Physicians are often subject to complex […]
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