“Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.”- Warren BuffetIf you’re a zebra grazing on the savannah, what would trigger your stress response? Perhaps you spot…
I’ve heard that I should “own my age” in bonds but I’m worried that I’ll run out of money in retirement with such a conservative portfolio. Is there another way? This is a post I wrote for my other blog, but is just as important for doctors as anyone else. The only difference is that, if you are incorporated, some…
You work hard for your money. You’re accumulating wealth by being responsible with your spending and saving decisions. Why? So that you can use that money to enjoy a long, happy retirement. But, contrary to most financial planning assumptions, research shows that few retirees manage the decumulation of their assets well. Most are leaving money on the retirement table.Some people…