Market timing doesn’t work, but actively managed funds in “inefficient†markets can outperform.
As many private practices found, health care is not recession proof. In addition to various factors causing their cash flow to decrease, it can be difficult to find bank loans, so some practices might need to look for alternative sources of funding.
My primary objective in the stock market is to lose the least amount of money when I am wrong and make the most amount of money when I am right. As Friday's big sell-off clearly demonstrates, that goal's not easy to achieve in a market this random. After this week's "follow-through day," all bets are off on this signal of a fledgling rally.
Perhaps the most frequently cited, yet underachieved, recommendation for the prevention of cardiovascular disease is to implement healthy lifestyle habits.
A checklist of actions for medical practices and individual physicians to make based on current tax rules.
America's health care landscape is changing dramatically and there are various aspects of risk management that physician practices and hospitals must be aware of as 2013 wraps up and we enter 2014.
A reader who purchased his first home this year is unsure of how much to tip workers who provide services for his family. Here's a guide to tipping at home, and when you're traveling for the holidays.
Gold has endured as a commodity. And while you may not be investing in frankincense and myrrh, their modern-day descendants, biopharma and oil, are great investments for the long haul.
Declines in market values and uncertainty about the future of healthcare has caused many physicians to question whether it's time to find a new financial advisor. Before you switch investment firms, here are some important considerations.
Financial planning for retirement has always been a heavy burden for workers, but these 7 tips can make the process much less daunting.
When it comes to finding the perfect gift for someone, sometimes the best thing you can give them is your time and attention.
It's tax return time. Make sure you're not only doing them right, but looking to save on future taxes.
By activating receptors on the cholecystokinin peptide hormone in the gut, University of Toronto researchers were able to “rapidly and potently" lower blood glucose levels.
There are 40,000 members in the American College of Healthcare Executives, and their professional backgrounds vary from nursing, to information technology, to finance.
Relying on the stock market as your retirement investment tool of choice is a lot like using Las Vegas as your financial advisor. Here are some retirement investment options that are not contingent on stock-market performance.
The Supreme Court's ruling to overturn the Defense of Marriage Act and California's Proposition 8 raises complex financial planning and tax questions with no clear answers for many same-sex couples.
Accusing an employee of embezzlement is not something to do lightly. There's a lot of research a practice should do before pointing fingers at anyone. However, once you do confirm that an employee has been stealing, you want to make sure you don't do anything to jeopardize a case that could mean getting your money back.
The decision to purchase individual disability insurance should be examined carefully with cost being only one determining factor.
A reader hits up our travel columnists for advice on where to go when they travel. Here are their personal favorites -- and feel free to add some of your own suggestions in our comments section.
Right now physicians are faced with much uncertainty, complexity and considerable pressure to change their ways. So how do you decide if private practice or hospital employment is right for you?
In this unprecedented economic environment, you have to make critical decisions and changes to keep your practice healthy. Your patients will always need you. Can you be there for them? How can you continue to provide your current level of care?
Although there are many benefits to consolidation, there are a few factors you should consider before making that move - including your compensation.
Since Physician's Money Digest's online relaunch this year, we've covered the gamut of personal finance, financial-planning and practice-management news for physicians. So what were the biggest financial news stories of 2010 among our readers? Take a look.
Whether you work in a solo or group practice, you can turbo charge your retirement with a cash balance plan on top of your existing 401(k) plan.
Whether you work in the medical profession or another industry, firing someone is one of the hardest things that a supervisor will ever have to do. And giving an employee the heave-ho due to performance issues is a particularly difficult task. It takes skill and savvy to avoid causing a scene, harming office morale and landing your practice in legal trouble.
Ever feel like every move you make on the Internet is watched? Or wonder why business rivals or clients use branded email addresses that promote their businesses, instead of free, web-based services?
Medical professionals commit their lives to improving the health and well-being of others and deserve a financially secure retirement.
Buying a new home can be a stressful process, especially when you're on a time crunch. To help alleviate this self-made stress, consider a strategy that starts with how you want to end in mind.
The idea that physicians need to protect their assets from lawsuits is hardly new, but the rationale for the strategy has changed. Malpractice insurance policies are shrinking, plaintiffs' malpractice awards are growing. Never before has the medical profession been so vulnerable.
The key to long-term success in the stock market is to avoid the risks that carry no expected payoff and embrace those that do. You still can harvest returns by taking the right kind of risk.