by Podbean | Jan 30, 2022 | Uncategorized
Physicians in Canada were given the legal privilege to incorporate. It is a privilege indeed. It was decided so for many financial and estate planning reasons. Many have not incorporated. Do the drawbacks of incorporation outweigh the benefits? What is the long-term...
by Podbean | Jan 20, 2022 | Uncategorized
Since incorporation was allowed for physicians, many have taken the opportunity to do so. Many have not. While incorporation is not an answer to everyone’s situation, it is however a good tax planning solution for most. Those who have not incorporated for the...
by Podbean | Jan 9, 2022 | Uncategorized
The eight and last installment in the serie on Behavioral Finance. Sunk Cost bias or Gambler’s fallacy. This bias is something I am certain we all are victim of. You may not want to admit but you fall victim to this one as well. We are human and we act with...
by Podbean | Jan 1, 2022 | Uncategorized
The seventh installment in the serie on Behavioral Finance. Achieving Cheap at all cost. A race to the bottom is not the same as a race to find value. In fact, getting the cheapest you can find of everything is refusing to recognize opportunity cost. Beware of such...
by Podbean | Dec 25, 2021 | Uncategorized
We are good at what we have learned and do. We are good at providing medical care. After all, we are doctors. Does that also mean we are good at building financial security and wealth? Most of us are not. Some of us are. Or at least we think we are. What we think we...
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