Residency to Retirement

As your paycheck grows, so does your discretionary spending and saving. While it is easy to spend, it is not always clear where to invest your next dollar intended for future spending.

In the rapidly evolving landscape of investments, it is crucial for physicians to stay informed about alternative asset classes, such as cryptocurrency.

WAILEA, Hawaii —Achieving financial wellness requires a sound understanding of asset allocation and increased “risk tolerance” when investing, according to a presenter at Hawaiian Eye/Retina 2024.

“Why should I be investing in bonds when I can earn more than 5% on my cash?” Many investors, including physicians, are asking this question after being discouraged by losses they have experienced with bonds in recent years.

Investing in the financial markets is a complex endeavor influenced not only by economic factors and market dynamics but also by human behavior.

As physicians age, they should consider the reallocation of their assets into increasingly conservative investments to best limit their exposure to loss.

Many investors have recently been asking their advisors, “Is a recession coming?” This question is often on the minds of investors because the financial media repeatedly brings up the topic.

With the rapid rise of interest rates in the last year, many physicians might be interested and surprised to learn where extremely low rates still exist.

Through the end of September, the S&P 500 had declined three consecutive quarters and lost nearly 24% of its value.

Often, after speaking about taxes at a medical conference, we are approached by a physician attendee who has read that billionaires, like Warren Buffet and Elon Musk, pay less taxes than they do and they wonder how that can be.