Volatility Is Not Risk

  Volatility Is Not Risk You should not confuse the two. What is risk? To the conservative investor, risk is a negative. To the opportunistic investor, risk is a factor to tolerate and accept.Whatever the perception of risk, it should not be confused with volatility. That confusion occurs much too frequently. We can consider volatility … Read more

The Doctorโ€™s Life Podcast Episode 023- Buy or Rent?

Should you buy or rent? The age old question new doctors, residents, fellows, and even some medical school students ask themselves. It makes sense that this questions comes up since you’re seeing friends and family members buying a home while you’re still in training, but it could possibly be a huge long-term mistake if you don’t take everything in to account. There’s also that part about how much to put down and how much your payments should be.

Nick Schneider is in The Doctorโ€™s Life Podcast studios to give you the lowdown on if you should buy or rent. All episodes of The Doctorโ€™s Life Podcast are available on iTunes, Android, and on SoundCloud. Make sure to subscribe and you will be the first to get new episodes of The Doctorโ€™s Life Podcast.

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The Doctor’s Life Podcast 022- Easy Student Loan Options

dl-podcast-partnership-track-leaving-job

Easy student loan repayment options. It’s what you dream about…especially when you’re looking at that mountain of debt after med school.

Justin Nabityย is in The Doctorโ€™s Life Podcast studios with some student loan options that will make it easier on you regardless of how long you’ve had the debt.

All episodes of The Doctorโ€™s Life Podcast are available onย iTunes, Android, and on SoundCloud. Make sure to subscribe and you will be the first to get new episodes of The Doctorโ€™s Life Podcast.

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Who Needs Disability Insurance? You and NFL Players

So who needs disability insurance? You’ve heard from so many different companies about disability insurance and how it protects you and your paycheck from accidents and illness. With decades of a career ahead of you, nobody can predict the future. The one way to cover your paycheck is with a disability insurance policy.

Along those lines of protecting a paycheck, you’d actually be surprised by who needs disability insurance. Future NFL athletes.

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Do I Need Disability Insurance?

Do I need disability insurance?” The question has probably crossed your mind a few times. The answer is…YES.
Life happens. We cannot predict the future, but we can be prepared for it. That is the purpose of insurance โ€“ to protect and provide for yourself and your loved ones if the unfortunate happens. Your life and disability insurance choices may make the difference in your familyโ€™s lifestyle after a tragedy strikes by paying the bills, financing childrenโ€™s educations, and protecting your spouseโ€™s retirement.

The specialized nature of a physicianโ€™s occupation requires a specialized plan for protecting their most important asset โ€“ their โ€œintellectual capital and ability to work.โ€ Therefore, selecting the right disability insurance is a strategic choice in a physician’s overall risk management plan.

The Case for Adequate Coverage

In most cases, a physicianโ€™s career spans 20-30 years depending on when they finish their training. Over those years, a physician can earn $10 – $20 million, which is the return on their investment in their medical education and commitment to their patients through the years.

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The Doctorโ€™s Life Podcast 021- Maximizing Your Roth IRA

Roth IRA Podcast

Many physicians believe they can’t do a Roth IRA. Sure, there are income limits on Roth IRAs, but there is a rule that turns out to be a nice workaround to help you maximize your Roth IRA.

Justin Nabityย is in The Doctorโ€™s Life Podcast studios to help you with your Roth IRA info and that workaround. All episodes of The Doctorโ€™s Life Podcastย areย availableย here, iTunes, Android, and on SoundCloud.

Listen to this podcast on Maximizing Your Roth IRA here.

Make sure to subscribe and you will be the first to get new episodes of The Doctorโ€™s Life Podcast.

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The Doctorโ€™s Life Podcast Episode 020- Setting Up A Practice (Part 2)

Setting up a practice is hard work. Last week, we spoke about how to do it correctly. There are a lot of people needed and a lot of prep work needs to be done before getting to the point of launching your practice. We want to help you be in the right position to do it.

If you missed part 1, make sure you check it out.

Nick Schneider is back in The Doctorโ€™s Life Podcast studios with part two of setting up your practice. All episodes of The Doctorโ€™s Life Podcast are available onย iTunes, Android, and on SoundCloud. Make sure to subscribe and you will be the first to get new episodes of The Doctorโ€™s Life Podcast.

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The Doctorโ€™s Life Podcast Episode 019- Setting Up A Practice Pt 1

Setting up a practice has probably crossed your mind at least once. But how do you go about doing it? You need the right people and the right situation to be able to pull off setting up a practice.
What makes a practice more successful than another one?

Nick Schneider is back in The Doctor’s Life Podcast studios with some advice on setting up a practice and how to make sure it’s done in a right way.

All episodes of The Doctorโ€™s Life Podcast are available onย iTunes, and on SoundCloud. If you have an Android device, you can download a podcast player (I recommend Podcast Addict), and it will pull from iTunes. Make sure to subscribe and you will be the first to get new episodes of The Doctorโ€™s Life Podcast.

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Medscape’s 2016 Physician Lifestyle Report is Out

medscape physician report

They released Medscape’s 2016 Physician Lifestyle Report…and the results are interesting. You can break it down per specialty, but the results are conclusive: doctors are suffering from burnout. This affects every aspect of a doctor’s life in the workplace and at home, and, according to the report, also affects their own patients. Just think about … Read more

The Doctorโ€™s Life Podcast Episode 018- Choosing a Financial Advisor

Friends and colleagues have probably told you before to make sure you get a financial advisor. But how do you choose one? There are questions you need to ask your financial advisor candidate while you are developing a relationship. This financial advisor will be with you for the duration of your career and beyond, so it’s something to take seriously.

Nick Schneider is in The Doctor’s Life Podcast studios with those questions that you need to be asking. All episodes of The Doctorโ€™s Life Podcast are availableย  on iTunes, and on SoundCloud. If you have an Android device, you can download a podcast player (I recommend Podcast Addict), and it will pull from iTunes. Make sure to subscribe and you will be the first to get new episodes of The Doctorโ€™s Life Podcast.

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