A Recession Is Coming…… Are You Prepared?
Riding the longest wave of economic prosperity ever in modern history, it’s easy to lose sight on one important fact: a recession is coming. No doubt about it, the past 10 years have been very good. The S&P 500 (one…
The Rise of Student Loan Advisor
It amazes me how the national student debt crisis has overnight created an industry of “student loan experts.” Just three years ago, I would have to search google to find a financial advisor who was savvy in the ways of…
Is Home Ownership Really An Investment?
Home ownership, so engrained in our culture that it virtually defines the ‘American Dream.” But is it really a good investment and is home ownership really something to which every veterinarian should aspire? The answer not surprisingly is “its complicated.”…
Making Easy Work of Selecting a Loan Repayment Plan
With no fewer than eight loan repayment plans available for federal student loans, it’s no wonder selecting a loan repayment plan are so confusing. While it all might seem overwhelming at first, sorting it out really starts one simple question:…
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…
