Almost without exception, debt management is one of the top concerns of most of the physicians I meet with. This weighs heavily on the minds of those who care for our physical and mental health. Beyond that, many doctors aren’t sure what financial step to take next—and unfortunately, their profession hasn’t prepared them to handle the financial realities of life.
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Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.
Loss in the market is temporary, while upward returns have historically been a certainty
Panic attacks are terrifying events.
Your heart races, pounding in your chest. You begin to hyperventilate, creating a sense of suffocation. Adrenaline courses through your veins and the mind searches for relief… for any potential solution that can relieve the body of the terrifying sensations.
Read MoreOn Saturday Night Live in the late 1970s, Gilda Radner did a series of comedic vignettes as Roseanne Roseannadanna, who gave rambling answers to viewer questions. At some point in each one, she would say, “Well, Jane, it just goes to show you, it’s always something — if it ain’t one thing, it’s another.”
Read MoreThe tax on a child’s investment and other unearned income (i.e. the Kiddie Tax) has gone through some major changes with the passing of the Tax Cuts and Jobs Act (TCJA). This article will provide guidance on how the changes may affect you.
The Kiddie Tax is the method of taxing and reporting unearned income of certain children.
Read MoreAt one point or another, most of us begin to wonder whether it might be beneficial to seek the advice of a trusted professional, especially when it comes to personal finances. And that makes sense—financial advisors should be held in a special position of trust, and the consequences of their advice can have permanent, multigenerational consequences.
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