Our brains are terrible at exponential growth. A 1% fee sounds tiny. The difference between 0.25% and 1% is only 0.75% — who cares, right? But here’s what our brains can’t see: that tiny percentage compounds year after year, quietly siphoning off your returns. Over a 40-year career, it adds up to a six-figure difference. […]
Fees: The Silent Killer of Your Investment Returns Read More »
The Share Market Is Like a Hospital A daunting place to visit for the first time. Thousands of people. Different departments everywhere. A whole new language that everyone else seems fluent in. It’s overwhelming, and you’re not quite sure where you’re supposed to be. But here’s the thing: you don’t need to know the entire
What’s an index fund? What actually is the share market? Read More »
Most doctors assume they’re bad with money. Too busy, too tired, not enough time to learn the jargon or follow the markets. But here’s the thing: your medical training has already shaped you into exactly the kind of person who can succeed at long-term investing. You don’t need a personality transplant — you just need
Why Doctors Make Great Investors (Even If You Don’t Feel Like One Yet) Read More »
Most of us don’t actually have a choice about whether or not to invest our money. Yep — investing isn’t just for experts or super-rich people. For most people it’s an essential step towards a secure retirement. We’ve all heard how important it is to have “retirement savings,” but here’s the uncomfortable truth: You can’t
Why Saving for Retirement Isn’t Enough (and What to Do Instead) Read More »
I’ve taught myself about investing and personal finance through books, blogs and podcasts. I’ve also just submitted my last assignment to become a Registered Financial Adviser because I wanted to peek behind the curtain and see what secret knowledge the financial world is privy to. Spoiler alert: there is no secret sauce. If there’s an
The Financial Industry Feels Like Medicine Before Evidence-Based Practice Read More »
