Download or read book 9 Money Mistakes Doctors Make written by Vicki Rackner MD and published by . This book was released on 2019-09-10 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctor, Don't Let Money Slip through Your Fingers Would you like to achieve the financial freedom to do what you want to do when you want to do it? To build wealth, you want to address questions like these: * Do you know what your number one expense is? Hint: it's not your house or your kids' college education.* How does biology impact your ability to build wealth?* Are you paying more than your fair share of taxes?* Are you optimizing your earning potential?* Do you know how to protect yourself from financial predators?* Do you have a plan for potential disasters?* How do you protect yourself from Dumb Doctor Deals?Read this book to anticipate and avoid the 9 most common money mistakes doctors make.
Download or read book The White Coat Investor written by James M. Dahle and published by White Coat Investor LLC the. This book was released on 2014-01 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a "Backdoor Roth IRA" and "Stealth IRA" to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation Take a look at the first pages of the book by clicking on the Look Inside feature Praise For The White Coat Investor "Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place." - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street "Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research." - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books "This book should be in every career counselor's office and delivered with every medical degree." - Rick Van Ness, Author of Common Sense Investing "The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk." - Joe Jones, DO "Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis." - Dennis Bethel, MD "An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust." - Greg E Wilde, M.D Scroll up, click the buy button, and get started today!
Download or read book The Myth of the Rich Doctor written by Vicki Rackner and published by . This book was released on 2016-11-08 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: DOCTOR, CAN YOU NAVIGATE THE DANGEROUS WATERS TO REACH A FINANCIAL POSITION TO DO WHAT YOU WANT, WHEN YOU WANT? For even high-earning physicians, wealth-building is fraught with complexity.Read this book to gain insights about *The forces that shape a physician's relationship with money, *Common financial mistakes physicians make, *Habits that separate wealthy physicians from struggling physicians, *A process to assess your financial health, and *Elements of a physician's wealth-building plan. CNN SENIOR HEALTH CORRESPONDENT SAYS, "DON'T MISS DR. VICKI RACKNER."
Download or read book Why Smart People Make Big Money Mistakes and How to Correct Them written by Gary Belsky and published by Simon and Schuster. This book was released on 2009-12-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities. In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.
Download or read book The Physician s Guide to Investing written by Robert M. Doroghazi and published by Springer Science & Business Media. This book was released on 2007-11-03 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: I met Bob Doroghazi when he dropped the first draft of his manuscript of The Physician’s Guide to Investing: A Practical Approach to Building Wealth at my office. I will have to admit I was a bit skeptical: a physician writing a book on investments? During that first meeting with Bob, it became evident that he had been a successful physician and a successful investor, so I agreed to take a look at the book. I was in for a pleasant surprise. Bob’s manuscript was easy to read and had specific advice useful to physicians, interspersed with lots of practical tidbits for any investor. Having written three college-level finance and investment texts, I was excited to be in on a project aimed at offering practical investment advice to a more general, yet specialized, audience. I had high expectations for the book and am pleased to say that I believe Bob has delivered a book that every physician interested in building wealth and protecting assets should read. Bob is a straight shooter; he tells it like he sees it in his book. Some doctors might be indignant on reading his statements, such as “Physicians sometimes have no idea of their limitations. This type of arrogance and ego can result in investing disaster.” However, if you do have these limitations (and most professionals, even college professors, do), then reading Bob’s book will help you recognize situations in which they can lead to poor investment decisions.
Download or read book Top Screwups Doctors Make and How to Avoid Them written by Joe Graedon and published by Harmony. This book was released on 2012-09-11 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: A primary care doctor is skeptical of his patient’s concerns. A hospital nurse or intern is unaware of a drug’s potential side effects. A physician makes the most “common” diagnosis while overlooking the signs of a rarer and more serious illness, and the patient doesn’t see the necessary specialist until it’s too late. A pharmacist dispenses the wrong drug and a patient dies as a result. Sadly, these kinds of mistakes happen all the time. Each year, 6.1 million Americans are harmed by diagnostic mistakes, drug disasters, and medical treatments. A decade ago, the Institute of Medicine estimated that up to 98,000 people died in hospitals each year from preventable medical errors. And new research from the University of Utah, HealthGrades of Denver, and elsewhere suggests the toll is much higher. Patient advocates and bestselling authors Joe and Teresa Graedon came face-to-face with the tragic consequences of doctors’ screwups when Joe’s mother died in Duke Hospital—one of the best in the world—due to a disastrous series of entirely preventable errors. In Top Screwups Doctors Make and How to Avoid Them, the Graedons expose the most common medical mistakes, from doctor’s offices and hospitals to the pharmacy counters and nursing homes. Patients across the country shared their riveting horror stories, and doctors recounted the disastrous—and sometimes deadly—consequences of their colleagues’ oversights and errors. While many patients feel vulnerable and dependent on their health care providers, this book is a startling wake-up call to how wrong doctors can be. The good news is that we can protect ourselves, and our loved ones, by being educated and vigilant medical consumers. The Graedons give patients the specific, practical steps they need to take to ensure their safety: the questions to ask a specialist before getting a final diagnosis, tips for promoting good communication with your doctor, presurgery checklists, how to avoid deadly drug interactions, and much more. Whether you’re sick or healthy, young or old, a parent of a young child, or caring for an elderly loved one, Top Screwups Doctors Make and How to Avoid Them is an eye-opening look at the medical mistakes that can truly affect any of us—and an empowering guide that explains what we can do about it.
Download or read book Why Doctors Don t Get Rich written by Tom Burns and published by . This book was released on 2020-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you feel trapped or wish you had more control over your life? What would you do if you had the time and financial means to pursue your wildest dreams? Why Doctors Don't Get Rich is your first step to discover the answer. With Foreword by Robert Kiyosaki, author of Rich Dad Poor Dad, you will discover the wonders of passive income investing and the freedom it creates. Find your path to financial freedom with this beginner's guide to passive income, written by a doctor who has walked in your shoes and wants you to achieve greatness. Written for YOU - this self-help roadmap to wealth takes you on a journey that will transform your relationship with money and transport you to the life you always dreamed of.
Download or read book The Coffeehouse Investor written by Bill Schultheis and published by Penguin. This book was released on 2013-01-29 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1998, after thirteen years of providing investment advice for Smith Barney, Bill Schultheis wrote a simple book for people who felt overwhelmed by the stock market. He had discovered that when you simplify your investment decisions, you end up getting better returns. As a bonus, you gain more time for family, friends, and other pursuits. The Coffeehouse Investor explains why we should stop thinking about top-rated stocks and mutual funds, shifts in interest rates, and predictions for the economy. Stop trying to beat the stock market average, which few “experts” ever do. Instead, just remember three simple principles: Don’t put all your eggs in one basket. There’s no such thing as a free lunch. And save for a rainy day. By focusing more on your passions and creativity and less on the daily ups and downs, you will actually build more wealth—and improve the quality of your life at the same time.
Download or read book How Doctors Think written by Jerome Groopman and published by HarperCollins. This book was released on 2008-03-12 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: On average, a physician will interrupt a patient describing her symptoms within eighteen seconds. In that short time, many doctors decide on the likely diagnosis and best treatment. Often, decisions made this way are correct, but at crucial moments they can also be wrong—with catastrophic consequences. In this myth-shattering book, Jerome Groopman pinpoints the forces and thought processes behind the decisions doctors make. Groopman explores why doctors err and shows when and how they can—with our help—avoid snap judgments, embrace uncertainty, communicate effectively, and deploy other skills that can profoundly impact our health. This book is the first to describe in detail the warning signs of erroneous medical thinking and reveal how new technologies may actually hinder accurate diagnoses. How Doctors Think offers direct, intelligent questions patients can ask their doctors to help them get back on track. Groopman draws on a wealth of research, extensive interviews with some of the country’s best doctors, and his own experiences as a doctor and as a patient. He has learned many of the lessons in this book the hard way, from his own mistakes and from errors his doctors made in treating his own debilitating medical problems. How Doctors Think reveals a profound new view of twenty-first-century medical practice, giving doctors and patients the vital information they need to make better judgments together.
Download or read book No Apparent Distress A Doctor s Coming of Age on the Front Lines of American Medicine written by Rachel Pearson and published by W. W. Norton & Company. This book was released on 2017-05-09 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brutally frank memoir about doctors and patients in a health care system that puts the poor at risk. No Apparent Distress begins with a mistake made by a white medical student that may have hastened the death of a working-class black man who sought care in a student-run clinic. Haunted by this error, the author—herself from a working-class background—delves into the stories and politics of a medical training system in which students learn on the bodies of the poor. Part confession, part family history, No Apparent Distress is at once an indictment of American health care and a deeply moving tale of one doctor’s coming-of-age.
Download or read book Pay Yourself First written by David A. Burd and published by Createspace Independent Publishing Platform. This book was released on 2016-12-12 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Young doctors starting practice today face a unique set of challenges. The typical physician has $185,000 of student loans. The relative priority given to debt paydown, lifestyle upgrades, and saving/investing will have a determinative effect on the financial arc of your future. The transition from residency or fellowship to full-time practice as an attending physician is the only time new doctors can substantially upgrade lifestyle, while also establishing powerful savings habits, placing themselves on the fast track toward financial independence. This book provides a basic course in practical financial literacy in less than 100 pages. It demonstrates why optimal financial sequencing of savings and debt paydown is so important. Getting a fast start toward walkaway wealth requires the right attitude, information, and strategy. This book is the best place to start.
Download or read book Optimal Financial Health written by Anthony C. Williams and published by iUniverse. This book was released on 2012-08-16 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two experienced financial planners share their combined wisdom and knowledge in this handbook that focuses on helping doctors grow and protect wealth. As a specialty doctor, you shouldnt always follow the rules that others adhere to when it comes to finances. Your high income, subsequent high taxes, and significant exposure to litigation all require you to pay even closer attention to your financial goals than the average person. By using this essential wealth management and preservation handbook, you can learn Strategies to diversify your tax risk; Methods to lessen the impact of litigation; Qualities to look for when seeking professional advice; Spend more time doing the things you enjoy with the people you love. This guide includes examples, diagrams, and more to make it easy to understand your financial options and the impact of the decisions you make. Navigating this financial world isnt easy, but taking an active approach will put you well on your way to Optimal Financial Health.
Download or read book When We Do Harm written by Danielle Ofri, MD and published by Beacon Press. This book was released on 2020-03-23 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medical mistakes are more pervasive than we think. How can we improve outcomes? An acclaimed MD’s rich stories and research explore patient safety. Patients enter the medical system with faith that they will receive the best care possible, so when things go wrong, it’s a profound and painful breach. Medical science has made enormous strides in decreasing mortality and suffering, but there’s no doubt that treatment can also cause harm, a significant portion of which is preventable. In When We Do Harm, practicing physician and acclaimed author Danielle Ofri places the issues of medical error and patient safety front and center in our national healthcare conversation. Drawing on current research, professional experience, and extensive interviews with nurses, physicians, administrators, researchers, patients, and families, Dr. Ofri explores the diagnostic, systemic, and cognitive causes of medical error. She advocates for strategic use of concrete safety interventions such as checklists and improvements to the electronic medical record, but focuses on the full-scale cultural and cognitive shifts required to make a meaningful dent in medical error. Woven throughout the book are the powerfully human stories that Dr. Ofri is renowned for. The errors she dissects range from the hardly noticeable missteps to the harrowing medical cataclysms. While our healthcare system is—and always will be—imperfect, Dr. Ofri argues that it is possible to minimize preventable harms, and that this should be the galvanizing issue of current medical discourse.
Download or read book Complications written by Atul Gawande and published by Metropolitan Books. This book was released on 2003-04-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brilliant and courageous doctor reveals, in gripping accounts of true cases, the power and limits of modern medicine. Sometimes in medicine the only way to know what is truly going on in a patient is to operate, to look inside with one's own eyes. This book is exploratory surgery on medicine itself, laying bare a science not in its idealized form but as it actually is -- complicated, perplexing, and profoundly human. Atul Gawande offers an unflinching view from the scalpel's edge, where science is ambiguous, information is limited, the stakes are high, yet decisions must be made. In dramatic and revealing stories of patients and doctors, he explores how deadly mistakes occur and why good surgeons go bad. He also shows us what happens when medicine comes up against the inexplicable: an architect with incapacitating back pain for which there is no physical cause; a young woman with nausea that won't go away; a television newscaster whose blushing is so severe that she cannot do her job. Gawande offers a richly detailed portrait of the people and the science, even as he tackles the paradoxes and imperfections inherent in caring for human lives. At once tough-minded and humane, Complications is a new kind of medical writing, nuanced and lucid, unafraid to confront the conflicts and uncertainties that lie at the heart of modern medicine, yet always alive to the possibilities of wisdom in this extraordinary endeavor. Complications is a 2002 National Book Award Finalist for Nonfiction.
Download or read book The Physician Philosopher s Guide to Personal Finance The 20 of Personal Finance Doctors Need to Know to Get 80 of the Results written by James D. Turner MD and published by Physician Philosopher's Guide. This book was released on 2019-01-28 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: In medical training, our job is to hone our craft by learning and practicing the best possible medicine for our patients. Unfortunately, medical training isn't free. With the substantial debt burden facing graduating medical students, it has become increasingly important to know how to navigate the choppy waters of personal finance. With sharks in the water, no training on personal finance, and little time to spare on such an important topic, this short primer aims to teach you only what you need to know about personal finance so that you can focus on taking good care of patients. If you are ready to learn how to effectively pay down your student loans, invest efficiently, and achieve financial freedom early in your career - then this book is for you. Feel free to take a look at the introductory portion of the book through the "Look Inside" feature. Here are some of the essential topics you will learn in The Physician Philosopher's Guide to Personal Finance: ●Investing basics (compound interest, time in the market versus "timing" the market, etc.)●Investing specifics (types of vehicles, solid investment plans, and examples)●Specifics on how to attack your student loans●Paying off debt versus investing (or both) at various stages●Asset protection (life, disability, umbrella insurance, etc)●Where to get financial advice and identifying where conflicts of interest exist●Why lifestyle inflation matters after training and how it can wreck your lifePraise for The Physician Philosopher's Guide to Personal Finance: "I have frequently told physicians and dentists that the first really good personal finance and investing book you ever read is likely to be worth $2 Million to you over the course of your life... This is a $2 Million book." - James M. Dahle, MD (The White Coat Investor)"Applying the Pareto principle, Dr. Turner has distilled his substantial knowledge and experience in personal finance into a no-nonsense book that a physician can easily read and understand in one insightful evening." Leif M. Dahleen, MD (Physician on FIRE)
Download or read book The Passive Income Physician written by Thomas Black MD and published by Napali Capital. This book was released on 2017-02-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Even the best and brightest doctors lack a financial education. And that's why so many high-income earners eventually face a career crisis. Now there is a remedy for medical and other veteran and aspiring professionals-and it does not require predicting or investing in the stock market. THE PASSIVE INCOME PHYSICIAN is the story of a former U.S. Navy veteran who became an emergency medicine physician only to realize his profession was causing personal harm. Thomas Black MD found a solution for his career dissatisfaction by trusting a passion for real estate investing that he'd nurtured while in residency. His transformation from ER doctor to the founder of an asset management firm with over $40 million in holdings is one part memoir, one part whistle blower-over 50 percent of America's doctors report -burn out--and a generous portion of financial makeover expert. You'll learn how to rethink your plan for an abundant future. In various financial market interviews, the author has said his mission is to help other professionals get their money on track. -Real estate investing is my passion because it is also my salvation. It is not enough to be 'rich.' Wealth is freedom. It gives us choices and removes a lot of stress.- THE PASSIVE INCOME PHYSICIAN reveals how well-paid professionals waste money by investing in common but unreliable paper assets. The book also provides evidence-based solutions for expanding net worth. 1 Critical Failure 2 A Zeal for Excellence 3 Rejecting Inexperience 4 Flawed Thinking 5 First House 6 Buying in Houston 7 Follow Your Heart 8 What's the Catch? 9 Family Owned 10 To Manage or Not To Manage 11 No Turning Back 12 Rolling It Over 13 Managing Assets 14 Class Action 15 Mass Appeal: A Cautionary Tale 16 Life in Storage 17 Decreasing Risk 18 Satisfaction: Retiring Old Ideas
Download or read book Ask a Manager written by Alison Green and published by Ballantine Books. This book was released on 2018-05-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together
