The Physician's Guide to Avoiding Financial Blunders


Book Description

When was the last time you checked under the hood of your financial plan for life? From this very first question, author Kenneth W. Rudzinski draws you into an action-oriented examination of your complete financial plan, including retirement, investment, estate, asset protection, risk management, and more. The Physician's Guide to Avoiding Financial Blunders expands on Kenneth W. Rudzinski's popular financial and practice management column featured in world-renowned newspapers on ophthalmology, orthopedics, optometry, cardiology and infectious disease. Author Kenneth W. Rudzinski brings his thirty-five years of business and practice management experience directly to you in The Physician's Guide to Avoiding Financial Blunders. This is a dynamic book that provides practicing physicians at various stages of their careers and with varying personal financial means with the tips and tools to avoid the financial disasters that await most people who fail to check the details of their financial plan for life. Organized in a comprehensive and user-friendly format, physicians will embrace and appreciate the information being presented chapter by chapter in an effective point-by-point action plan that will advise "what to do vs what not do" in their personal and professional planning. Some topics covered include: - Investing - common sense lessons on how to avoid the "big mistake" in investing - Retirement - your "timeline" to prepare for the longest "vacation" of your life? - Risk management - avoid the income disaster headed your way? - Asset protection - learn how to defeat predators and creditors before they defeat you - Estate planning - your estate documents may already be extinct - Financial planning - 10 common mistakes--which ones are you making? Appealing to a wide audience, young and old, with a conversational tone and with dozens of humorous anecdotes, all physicians will benefit from reading and applying the tips and advice presented inside The Physician's Guide to Avoiding Financial Blunders. You cannot read this book without finding something in your financial plan for life that needs immediate fixing. The impact is immediate. Be prepared to be challenged to action.




The Physician's Guide to Financial Independence


Book Description

The Physician's Guide to Financial Independence is a must read for any resident, fellow or physician early in practice. This book provides a practical guide of how to prudently navigate the increasingly complex world of finance to reach Financial Independence. There are also numerous tips and tricks to help you avoid the common financial mistakes and pitfalls that we see physicians make on a very regular basis.




The Physician's Guide to Personal Finance


Book Description

An outline review of personal finance for physicians.




The Physician's Guide to Investing


Book Description

I met Bob Doroghazi when he dropped the first draft of his manuscript of The Physician’s Guide to Investing: A Practical Approach to Building Wealth at my office. I will have to admit I was a bit skeptical: a physician writing a book on investments? During that first meeting with Bob, it became evident that he had been a successful physician and a successful investor, so I agreed to take a look at the book. I was in for a pleasant surprise. Bob’s manuscript was easy to read and had specific advice useful to physicians, interspersed with lots of practical tidbits for any investor. Having written three college-level finance and investment texts, I was excited to be in on a project aimed at offering practical investment advice to a more general, yet specialized, audience. I had high expectations for the book and am pleased to say that I believe Bob has delivered a book that every physician interested in building wealth and protecting assets should read. Bob is a straight shooter; he tells it like he sees it in his book. Some doctors might be indignant on reading his statements, such as “Physicians sometimes have no idea of their limitations. This type of arrogance and ego can result in investing disaster.” However, if you do have these limitations (and most professionals, even college professors, do), then reading Bob’s book will help you recognize situations in which they can lead to poor investment decisions.







The White Coat Investor


Book Description

Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation Take a look at the first pages of the book by clicking on the Look Inside feature Praise For The White Coat Investor "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E Wilde, M.D Scroll up, click the buy button, and get started today!




9 Money Mistakes Doctors Make


Book Description

Doctor, Don't Let Money Slip through Your Fingers Would you like to achieve the financial freedom to do what you want to do when you want to do it? To build wealth, you want to address questions like these: * Do you know what your number one expense is? Hint: it's not your house or your kids' college education.* How does biology impact your ability to build wealth?* Are you paying more than your fair share of taxes?* Are you optimizing your earning potential?* Do you know how to protect yourself from financial predators?* Do you have a plan for potential disasters?* How do you protect yourself from Dumb Doctor Deals?Read this book to anticipate and avoid the 9 most common money mistakes doctors make.




The Physician's Guide to Finance


Book Description

Unfortunately, many of the biggest financial decisions physicians have to make come at the earliest part of their career. Choices to be made with decades-long consequences by medical professionals who often have had little exposure to personal finance.We've created The Physician's Guide to Finance to equip medical students, residents, and attending physicians with the information, concepts, tools, and research they need to take control of their financial future. We cover an extensive catalogue of personal finance topics for every stage of your career as a physician:?Scholarships, Grants, & Student Aid?Student Debt Management ?Budgeting & Saving ?Employment Contract Review & Negotiation ?How to Evaluate a Financial Advisor ?Banking & Credit Card Choices ?Buying, Renting & Home Loans ?Investing in the Stock Market ?Retirement Accounts ?Estate Planning ??and so much more! If you're a medical student, resident, or an attending physician and want a guide to making informed financial choices for each stage of your career, this book is for you.




The Physician's Pocket Guide to Financial Independence


Book Description

Are you a physician or healthcare provider who earns a great salary but lives paycheck to paycheck? Are you intrigued by the idea of achieving financial independence, but don't know where to start? Are you saving for retirement, but have no idea if you are saving enough? Are you terrified of the stock market? Do you have a financial adviser, but still feel uneasy because you don't understand your portfolio?You are not alone. Medical school teaches many wonderful things, but how to responsibly manage your finances is not one of them. In the Physician's Pocket Guide to Financial Independence: Written by a physician for other physicians, Gus Zhang explains the bewildering world of investing in a way that anyone can understand. Written in the style of pocket guides so ubiquitous to the medical profession, the Physician's Pocket Guide to Financial Independence is short, concise, and full of invaluable information. While targeted towards other physicians, the principles in the Physician's Pocket Guide to Financial Independence are universally applicable. Anyone in any profession can travel on the journey to financial independence, and this book shows the way without any fads, tricks, or gimmicks. Let it be a guide for your financial future.




The Physician's Guide to Investing


Book Description

In comments that were unfortunately prescient, Dr. Doroghazi said in the first edition "the author feels we are currently experiencing a real estate bubble." And in anticipation of the credit crisis, he said "banks are far too lenient in their lending practices...the problem is that bankers are often not lending their own money...considering that a significant percentages of mortgages are sold to Fannie Mae (FNM) and Freddie Mac (FRE), the problem is now actually everyone’s." This new and expanded edition provides commonsense advice that all investors, physicians and non-physicians will find profitable in these difficult times. Learn about the power of thrift, the magnificence of compound interest, the malevolence of debt and the perniciousness of fees. See how to pay off the mortgage by age 45, fund your children’s education and retire at a reasonable age rather than continue to work because you must.