Don’t believe them: Doctors can be GOOD with money

Our last two posts were all about RESPs - everything you need to know and some very useful funding strategies that are difficult to find elsewhere. With this post, I wanted to switch gears and dive into something I've been thinking about for quite a while.  I've been hearing for years about doctors' reputations for being "bad with money".  Whether…

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I took a 90% pay cut and I couldn’t be happier

This past weekend, my wife and I did something we've never done before - we were vendors at a craft show here in Picton, Ontario.  For years we'd dreamed of building a business together, but my hectic career in medicine and four young kids at home just wouldn't allow it, not to mention the fact that a culture saturated with…

Continue ReadingI took a 90% pay cut and I couldn’t be happier

One of my biggest mistakes: how confirmation bias kills investments

About a year after the last big stock market crash in 2009, I got it in my head that we were all in for a “double dip” and that the second crash was not only imminent but that it would be worse than the first.  After all, this had happened before: the infamous stock market rout of 1929 was only…

Continue ReadingOne of my biggest mistakes: how confirmation bias kills investments

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