Why EVERY Physician Should Own Their Practice

Unfortunately, in recent years physicians have been migrating towards being employees rather than owning their practices. A few decades ago this would have sounded silly. Today’s residents are being advised by their teaching staff that being an employed physician is preferred.  What is driving this movement? Are physicians getting lazy? To many teaching staff who … Read more

The Major 401(k) Error People Make

With the latest market dip many questions have been raised regarding 401(k) accounts. These questions make it as clear as a neon sign that people do not understand how their 401(k) works. Here are two recent examples that indicate this lack of understanding:  -I’m considering moving my money from my 401k to an annuity due … Read more

Fawcett’s Favorites 5-23-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include eleven tips for getting through the stock market downturn, eight things to negotiate besides salary, living on a cruise ship is cheaper than … Read more

3 Investing Strategies to Boost Your Tax Efficiency

(Today’s guest post comes to you from Fiona Smith, the founder of The Millennial Money Woman. She would like to share the following disclaimer: This article reflects my own views, ideas, and opinions. I am not an investment advisor and I always recommend you communicate with your accountant and financial advisor before investing.)  If you’re … Read more

Fawcett’s Favorites 2-21-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include tips on internet safety for your kids, the top scams of 2022 and how to avoid them, the effect of maxing out your … Read more

My Portfolio and Why I Don’t Invest in Bonds

(I will be giving two lectures in the White Coat Investors Physician Wellness and Financial Literacy Conference next week. To get virtual tickets click here. If you will be attending in person, please say hi. I love to meet my readers.) I recently received the following email from one of my readers, which prompted today’s … Read more