My talk in a doctor’s Investment Program – we call it “Wealth Prescription for Doctors“ is more on risk reduction. Obviously the ONLY products that I recommend are:  one savings account – maybe 2 term insurance (when you increase your liability, you increase your term insurance) credit cards – one or 2 Index funds making […]

I could have dropped the word doctor from the title easily! However, as I meet more doctors…i am noticing more of them. The really successful doctors have nicely outsourced most of the finance related activities and their money is also doing well. Some doctors are doing it themselves..and doing a good job too. More than […]

The more doctors that I meet and talk about money, the more I am convinced that there is a  nice pattern in doctors financial mistakes. This is across age groups and geographies. Let me enumerate: Paid too much for education: it is sad but true that the medical education in this country needs a lot […]

As a person reading my blog you may be aware that I address a lot of doctors – should be in the 3-4k doctors that I must have addressed. So some of them do come and talk to me AFTER the lecture or in the form of an email and I have seen some real […]

Having spoken to about 4000 doctors I have a view (not fair, just views which could be wrong) about the kind of mistakes doctors make. Here I am listing a few: 1. Listening to the Relationship Manager’s words like a Gospel: Most doctors have a lot of respect for the banker who comes  to them […]

Let us compare a part of the BFSI and the Medical Industry…they are comparable in some ways and not comparable in some ways. The Medical industry is driven by the patient who decides. So let us say a person has a slight stomach ache. He ignores it for a day or two. Then if the […]

Not sure whether to call this commandments, fatwas, or rules..but some advice for doctors. This is based on my interaction with doctors and investing coaching that I do for people in general: Personal Financial Management is more than choosing which share to buy or which mutual fund to invest in. Share trading / investing is […]