A Unified Asset Allocation Equation Asset Allocation can be more useful. The intent of asset allocation is to reflect the amount of risk to which you are exposed. But what about assets that are not stocks or bonds? Equity-Alternatives are […]
401a, 403b, and 457b Plans Physicians are high-income professionals who optimally defer income into retirement plans during peak earning years. If you have access to a 401a vs 403b vs 457b then you either work for the government or a […]
Teaching Children About Hope Hope can and should be taught to our children. While optimism or pessimism may be less malleable, hope is learned. Children will take certain actions as they hope for a good outcome. Let’s encourage appropriate actions […]
Structured Product as a Hedge Are you being sold structured products as a hedge? What is a structured product, and why should you avoid them? Or, if you are convinced that they do in fact offer downside protection, what do […]
What is a Buffered ETF? What is a Buffered EFT? Buffer or buffered ETFs have been around since about 2018. The idea: you have some downside protection and a chance at growth. Does that sound familiar? Yup, another structured product! […]
Cash-out a 401k for real estate investors Have you thought about cashing out a 401k to invest in real estate? Real Estate Investors invest in real assets rather than retirement accounts. Investors with significant qualified retirement accounts discuss cashing out […]
Money is Fungible Money is Fungible. Fungible is a funky financial term. Fungible means interchangeable. Or substitutable. A dollar bill in D.C. is the same as anywhere else. Indeed, $10 is worth two five-dollar bills or ten one-dollar bills. Money […]
Estate Planning for Doctors While often neglected, an optimized estate plan is a vital part of your legacy. The need to protect your assets never goes away, though you often don’t have much in the beginning. As you age, assets […]
Happiness is a Choice Written in 1991, Happiness is a Choice is a book I couldn’t pass up at this stage. After all, I write about getting gobs of books to foment serendipity, and more recently suggested […]
