Given the increasing popularity of Exchange Traded Funds, I thought it would be useful to provide some further education from an expert. In this recorded webinar I talk to Norm Robinson from Sentinel Financial Group. Please make sure you seek professional advice before investing. You can contact myself or Norm for any questions.
Is Dollar Cost Averaging A Good Idea Now?
Whilst many people have been actively buying into the share market over the last few months, many others might be waiting for that perfect time. But what if there is no perfect time, and even if there was, it would be difficult to time. What if there was another way that you could get started, but manage the market timing … Read More
Is Now A Good Time To Invest?
This is the number one question I have been asked over the last couple of weeks. As you would expect, the answer is not that straightforward. First of all, what might be good timing for one person, might be bad timing for another person, based on their individual circumstances. Secondly, no one has a crystal ball and so we don’t … Read More
How Financial Modelling Can Help You Make Smart Decisions
Don’t we all wish we had a crystal ball? Well, we have something that comes pretty close to that. As part of your financial planning process for our doctor and dentist clients, we undertake detailed financial modelling. Based on the information you provide about your current and expected future circumstances, we can give you a glimpse into your financial future. … Read More
The 7 Finance Tips Every Doctor and Dentist Needs To Know
For this weeks’ article I got my inspiration from the Humble Dollar blog. I have condensed the ideas and tips with some comments of my own. I hope you find value in it. Don’t overextend yourself financially when buying a home, or it will determine the rest of your life. As a guideline, make sure you can pay off … Read More
Time Is Running Out For Generous Income Protection Policies
Time is running out to put in place a current-style income protection policy, and we have been getting numerous enquiries from doctors and dentists wanting to do just that before March 2020. This is in response to newspaper articles about the upcoming changes to income protection policies. In response to ongoing heavy losses in respect of individual disability income insurance … Read More
Should Doctors and Dentists Consider Sustainable/Ethical Investment?
There is a clear movement, in particular with the younger generations, towards ethical and sustainable investment. In essence it means that you apply a ‘filter’ to your investments. This filter can be positive, i.e. you seek to invest in companies that demonstrate sustainable management practices and environmental policies. The filter can also be negative: you avoid investment in tobacco companies … Read More
Why Doctors And Dentists Need To Keep Their Affairs Simple
You already have enough complexity in your life. Why create more? In this video I explain why it pays to keep your financial affairs simple.
Estate Planning for Doctors And Dentists
Estate planning is the process whereby you typically create a Will, Power of Attorney and Power of Guardianship document. Whilst many of us do not want to think about death, it is inevitable of course. Organising your affairs will save your loved ones a lot of time and unnecessary expenses. In this series of videos I explain the different types … Read More
Should You Take Time Off Work To Manages Your Finances?
This was the premise of a news article I recently read. The idea is that you take regular time off work to actively manage your money, find the best deals, monitor your investments, etc. Whilst on the surface this may seem like a good idea for most people, for doctors and dentists there is tremendous opportunity cost (i.e. lost income … Read More