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The Dentist Money Show | Financial Planning & Wealth Management

Join thousands of dentists who are learning how to make smart financial decisions. You’ll be entertained while getting straightforward advice about investing, retirement planning, tax reduction, insurance, debt management, and personal finance.
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Archives
Now displaying: Page 4
Mar 11, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this episode, Matt, Jake, and Rabih discuss trading in uncertain times and the use case for Bitcoin. They explore the benefits of structured investment products, like structured notes, and the role of marketing in selling these products. Finally, they review the psychology of spencing habits and impact that they can have on personal finances.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Mar 6, 2024

On this Dentist Money Show, Ryan and Matt welcome Dr. Daniel Crosby, renowned psychologist, best-selling author, and expert in behavioral finance. Dr. Crosby explains why our brains are wired for survival and not for the complexities of investing—and what you can do to navigate that limitation. Plus he explores the influence of the media on our financial decisions and the pitfalls that come from overconfidence.

Dentist Advisors' February Book Club book was Dr. Crosby’s “Laws of Wealth” and Daniel will be a featured speaker at the upcoming Dentist Money Summit, June 21-22, 2024.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

Mar 4, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this episode, Matt, Taylor, and Rabih discuss the revival of Japan's economy and highlight the importance of global diversification in investing. They provide an update on the state of student loan repayments and analyze the most commonly used student loan repayment strategies. Finally, they provide their thoughts on the biggest risks for the current market.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Mar 1, 2024

Enjoy a replay of another one of our most popular Dentist Money Show episodes.

Simple IRA or 401(k), which retirement plan is best for your dental practice? During your dental career, when should you use a Simple IRA, or 401(k)? Knowing the answer could add hundreds of thousands of dollars to your net worth. On this episode of the Dentist Money Show, Ryan and Matt examine the pros and cons of Simple IRAs and 401(k)s.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

Feb 28, 2024

Balancing a dental practice, a household (often with children), and a myriad of other duties can be a major challenge for women in dentistry. Investing, saving for retirement, and pursuing financial goals can get lost in the shuffle.

On this Dentist Money Show, Matt, Victoria, and Megan explore the history of women’s financial rights and why women need to bridge the investment gap.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Feb 26, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this episode, Matt, Victoria, and Rabih ponder if the stock market and economy are speaking the same language, and they discuss who you should trust with your money and why. They provide ideas for student loan repayment strategies. Finally, they give insight to a practice owner who feels behind on their retirement savings.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Feb 21, 2024

Culture is a crucial ingredient for practice success. Good culture attracts the right talent, the right kind of client, and creates the right reputation.

On this Dentist Money Show, Ryan talks with Laura Maly and Michael Anderson of the Wonderist Agency, a dental-specific marketing agency, about why they believe if there is harmony on the inside of your office, it will show on the outside.

Listen to learn the four pillars of culture that can create greater office unity.

Laura and Michael will be featured speakers at the upcoming Dentist Money Summit, June 20-22, 2024.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Feb 19, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this episode, Matt, Victoria, and Rabih discuss the factors that contributed to the S&P 500 reaching 5,000 levels. They also explore the importance of not forgetting about old 401(k) accounts and the potential consequences of neglecting them. Then they analyze whether disability insurance is worth it and share a personal story that highlights its importance. Finally, they address the dilemma of whether to buy a house or a practice first, providing insights and considerations for dentists facing this decision.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Feb 16, 2024

Enjoy a replay of another one of our most popular Dentist Money Show episodes.

Warren Buffett is considered a superstar investor and is probably the most well-known name in the investment world. Numerous books have been written about the fundamentals Buffett has followed on his way to creating a fortune. On this episode of the Dentist Money Show, Ryan and Matt reveal a surprising ingredient to Buffett’s success that is often overlooked.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.


Feb 14, 2024

James Lawrence, famously known as “The Iron Cowboy”, recounts his incredible quest of conquering 50 Ironman triathlons in 50 days in 50 different states chronicling the many challenges he faced, including profound physical exhaustion. On this Dentist Money™ Show, Ryan and Matt illustrate why James' persistence should resonate with every dentist who is navigating their own demanding journey.

James will be our featured keynote speaker at the upcoming Dentist Money Summit, June 20-22, 2024. Registration is open at www.dentistmoneysummit.com.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

Feb 12, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this episode, Matt, Taylor, and Rabih analyze American spending trends, discuss if the Magnificant 7 companies are in a bubble, and they discuss data from a recently released report on the perils of sports gambling. 

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Feb 7, 2024

Want to improve your relationship with money? Then you need help developing solid wealth-building strategies and good financial habits. So, who is best equipped to do that, an experienced investor or a skilled financial coach?

On this Dentist Money Show, Matt and Victoria explain how a recent company ski trip illustrated the power of good coaching vs. real world know-how.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

Feb 5, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this episode, Matt, Ryan, Jake, and Rabih discuss the impact of the recent Federal Reserve's meeting on the market, the concerns surrounding commercial real estate, and how a $6 billion company can go bankrupt. They also explore the topics of investing at all-time highs and Super Bowl prop bets.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Feb 2, 2024

Enjoy a replay of another one of our most popular Dentist Money Show episodes.

“How much money do I even make?” It’s one of the most common questions dentists ask their financial advisors. On this episode of the Dentist Money Show, Ryan and Matt examine why understanding dental income is so complex—and explain why knowing the right number for your income is central to making good financial decisions.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Jan 31, 2024

How should I invest $250,000 in extra funds? Is it possible to generate passive income by owning a dental office that doesn’t have my active involvement? Should I sell my building, lease it back, and use the money I make to invest?

On this listener Q&R (Question and Response) episode of the Dentist Money Show, Ryan and Matt answer financial questions from our loyal listeners.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

Jan 29, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this show Matt, Ryan, Victoria, and Rabih discuss what recent economic data tell us about how we ended 2023; what is FinCEN and BOI reports and why should you care; and will the IRS finally let us file taxes directly.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Jan 24, 2024

Knowledgeable stock market analysts had a lot to say about 2023 a year ago, but now that it has come and gone, how accurate were those forecasts?

On this Dentist Money Show, Ryan, Matt, and Rabih take advantage of hindsight to look at why market predictions usually miss their mark and how keeping a focus on managing risk is most crucial when navigating the market. 


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Jan 22, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this show Matt, Will, and Rabih review the recent numbers for inflation, jobs, and the market; analyze Dave Ramey's latest viral opinion on childcare costs; and give an update on problems with student loan servicers. 

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Jan 19, 2024

Enjoy a replay of another one of our most popular Dentist Money Show episodes.

Are you confident you’re following the right financial indicators on your road to retirement? Maybe you closely follow short term stock market changes, or you’re fixated on opening more locations. On episode #251, Ryan and Matt explain why, when your long-term focus wavers, you may need to be reminded about the retirement signals that really matter.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

Jan 17, 2024

Your heart and soul go into starting up a practice, but as success comes and your energy wanes, do you really need to keep pursuing more growth?

On this Dentist Money™ Show, Ryan talks with Dr. Richard Low, of Shared Practices, about his entrepreneurial journey and why he believes one large practice provides most dentists with more fulfillment, problems, and money than they know what to do with.

Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Richard will be a featured speaker at the upcoming Dentist Money Summit, June 20-22, 2024.

Jan 15, 2024

Welcome to Dentist Money Two Cents, a look at the latest financial and economic news from the past week.



On this show Matt, Taylor, and Rabih talk about a new SEC ruling on Bitcoin Spot ETFs that garnered a lot of attention from Wall Street this past week, and discuss why general “rules of thumb” don’t cover the nuances that make each individual’s financial situation unique.



Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Jan 10, 2024

“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

On this Dentist Money™ Show, Matt and Jake talk about the late, great Charlie Munger, one of the most successful investors of all time, and how his perseverance, wit, and wisdom helped to make him a legend in the financial world.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Jan 5, 2024

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news.



On this show Matt, Jake, and Rabih look at what drove the 25% increase in the S&P 500 in 2023, offer a few tips on how to trick your brain into being better with money so you can meet your New Year's financial resolutions, and look at past trends on how the market historically acts from year to year. 


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

Jan 3, 2024

There’s a lot of know-how—debt, taxes, legal, estate, insurance, retirement planning, and more—that goes into helping a dentist make smart financial decisions. Asking the right questions can make finding a good advisor easier.  

On this Dentist Money Show, Ryan and Matt explain why, for your advisor to have the biggest impact, they need to know the intricacies of being a dentist.  


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

Jan 1, 2024

Enjoy a replay of another one of our most popular Dentist Money Show episodes.

Is “When can I retire” the right question to ask? Individual lifestyle and economic uncertainty affect any projections, and additional complexity may need even more in-depth discussion. On episode #234, Reese and Ryan look into some of the factors that affect retirement planning and how you can make sure you understand what it takes to be financially independent.


Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.

 

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