Don’t Fear The Debt!
Lately a new breed of veterinary financial guru has popped up. These folks are screaming from the rooftops that the only way to happiness is to pay off all student debt and do it as quickly as possible. Cancel your…
IPOs – sound investment or risky speculation ?
Unless you’ve been sequestered for the past few weeks, you have no doubt have heard about the train wreck that is WeWork. This is the company that provides shared workspace. The idea is simple. Rent out really expensive real estate…
Why Are Otherwise Smart Vets Turning Down Free Money?
Its crazy. I have a friend who works in a small multi-doctor practice in Pheonix. Their clinic offers a SIMPLE IRA for employees. When you hear “Simple IRAs” (Savings Incentive Match Plan for Employees of Small Employers) think “401K for…
Inverted yield curve, what is it and and why do we care?
The bond “yield curve” has become “inverted” and suddenly every financial pundit is crying “the sky is falling”! – Or at the very least that a recession is imminent! To understand what they are talking about, we first need to…
Death and Tax Brackets
There are only three constants in life: Death, taxes, and folks having no idea what tax brackets really mean. Why do I say this? Because I regularly run into otherwise well educated people who think that because they are in…
The #1 predictor of investment performance is expense!
Those of us who plan on enjoying our “golden years” will save money for retirement. The majority will use mutual funds as our go-to investment. While people spend a lot of time looking at the return one mutual fund has…
Its not the “toast”!
I love avocado toast. There, I’ve said it! More specifically, there is a “toast trailer” in South Mountain that sells the most amazing avocado toast. When the trailer is out on 24thstreet – weekends from October to May – that’s…
Lifestyle Creep – The Enemy of Wealth
It’s no secret that today’s veterinary students are saddled with virtually insurmountable mountains of debt. Most will end up making income-based payments over 20-25 years, then pay the “tax bomb” and walk away. Yet there is another enemy of wealth…
The Ins And Outs of Credit Freezes And Locks
No one ever likes getting letters from the IRS, but this one was particularly frightening. Someone filed a fraudulent tax return in my name looking to swipe a big refund. Needless to say, neither of us was entitled to this…
How To save 10,000’s On Your Mortgage!
If you are buying a house the first thing you probably realized is that when it comes to mortgages, you don’t get a lot of choices. Just try to question any of the 1,000 documents shoved in front of you…
