What Should I Do First? A Complete Guideline Step-By-Step

Personal finance is called personal for a reason; it is just as much a science as it is an art (similar to prescribing glasses). But seriously, this is probably one of the most difficult decisions that a lot of doctor investors will face and has starved me of sleep a lot – simply deciding which…

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Ten Things Every OD Should Know About Crypto

As a company and forum founded in the fundamentals of investing, ODs on Finance has always sought to educate its audience on tried and true, historically and statistically proven investing strategies. However, in the modern age we are living in, the landscape of investing is changing. The relatively new asset class of cryptocurrency has raised a conundrum of mixed opinions and for good reason. While cryptocurrency as a whole lacks intrinsic value, and is tough to justify as an investment (based on the traditional definition of an investment); its wild volatility fueled by speculation has the capacity to make individuals extremely rich or dirt poor.

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8 Financial Mistakes that New Optometrists Make

The average new optometrist graduates at an average age of 28 year old (significantly behind non-OD peers in terms of income generation), with an average student loan debt of over $220,000+, with little or no retirement investments. Often new grad optometrists find themselves practicing in oversaturated cities and most importantly without any formal financial education. This is the perfect storm that often leaves many doctors mentally overwhelmed and prone to devastating financial mistakes. In this article, we will address 8 common financial mistakes that new OD graduates make and how you can avoid them to be financially successful.

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ETFs vs. Mutual Funds

Wouldn’t that be great if investing was as interesting as a pay-per-view UFC fight? Sadly, this is not the case. Investing is far more boring, and unless you give up a pretty penny, we don’t anticipate Joe Rogan will be providing color commentary on your trades and unrealized gains.However, now that we have your attention with a cheesy two paragraph intro, let’s go through a two minute education on the difference between an ETF and an Index Mutual Fund.

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Annual Report: 2020

Hello ODs on Finance Family, Well 2020 has surely been a year!  Let’s be honest, we all went into the year 2020 with big expectations – but the so-called Year of the Optometrist had some nasty surprises up its sleeve.  Despite the trials and tribulations that 2020 brought, it also brought important lessons, and the…

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8 New Year’s Financial Resolutions

The year 2021 is here. In our opinion, 2021 has it pretty easy. I mean, how much worse can it get after 2020? Joking aside, the beginning of the year presents a great time to take inventory of life and evaluate your financial health for the next 365 days. Here are a few New Year’s financial resolutions to get you started.

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What is Tax Loss Harvesting and How Can It Help Me?

When the stock market experiences volatility, fear is often a resulting emotion.  Fear can lead an individual to do irrational things, one of which is selling at a loss.  From a long term investing perspective, selling in a down market is seen as a losing move, however there is one silver lining to selling stocks…

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