As a veterinarian, one of the toughest financial decisions you have to make is whether to save for retirement and take advantage of compounding growth, or aggressively pay down student loans and become debt-free. Typically in order to achieve one of these goals, you have to sacrifice the other. But what if by saving for retirement you were actually able …
Have you ever googled a celebrity’s net worth? The term “net worth” is often associated with the ultra wealthy, but in reality everyone has their own net worth. True, your net worth may not look as impressive as your favorite entertainer, but, as a veterinarian, it should be a figure much more important to you. Why? Your net worth represents …
As a veterinarian, one of the toughest financial decisions you have to make is whether to save for retirement and take advantage of compounding growth, or aggressively pay down student loans and become debt-free. Typically in order to achieve one of these goals, you have to sacrifice the other. But what if by saving for retirement you were actually able …
Unless you’ve been living under a rock (or just completely avoid the news, in which case let me know your secrets), you are aware that 2021 has ushered in a new presidential administration. And as is the case with any incoming administration, changes to the tax code sits close to the top of the list in priority. In this post, …
There is a common misconception amongst veterinarians that personal debt, particularly student loan debt, is a huge roadblock toward securing financing and becoming a practice owner. While debt and student loans can certainly impact your ability to be approved for a loan, the mere presence of debt and loans is not the hindrance many believe it to be. Understanding …
Last Saturday, our family attended a drive-in movie event sponsored by our town (Tyrone, GA), playing ‘The Grinch Who Stole Christmas’. With nightfall beginning around 5:45pm this time of year, by the time we arrived for the 6pm showing it was dark. Waiting for the movie to begin, we set up our tailgate and our picnic set-up for the children. …
You’ve been advised to save, save, save for as long as you can remember, and you’ve done a great job of saving diligently thus far. But now someone (Me) comes along and questions if you are saving too much? How is this possible, when Fidelity recommends having at least 10 times your annual salary saved by age 67, knowing your salaries …
Starting a business. This concept, to many, is the definition of the American Dream. But not every dream is the same. For some, it is the opportunity to continually grow and get bigger, to open new offices/locations, hire more employees, and increase revenue. For others, it is to create a product or service, sell that product or service, and then …
Wrong. I’ve gotten this question more times that I can count, and though it may not be verbatim as the title, the questions/comments come in all forms (‘I received my bonus yesterday, which stock should I buy” or ‘Wow the market really took a dive, which stocks are poised to go up the most?” or “I’ve been watching Dave Portnoy …
In the world of investing, I can think of very few things that come to mind that could be described as ‘simple’. I could make the argument that the nature of investments and investing is overly complicated and marketed in a way to sway you into thinking that you need to hire a portfolio ‘expert’ if you want to be …
