Physician Finance Canada — Personal Finance Investing & Wealth For High Income Professionals

Bond Risks & Volatility: Not All Bonds Are All Equally Soothing

November 16, 2018 The Loonie Doctor Featured Posts, Financial Planning Physiology

Not all bonds are equal for soothing the beast. To achieve the best investing results in the real world, we need to avoid the bad investor behaviors driven by our emotions. One approach to that while building our portfolio is to use some bonds. The effectiveness of bonds for soothing our inner emotional investor beast depends on[…]

Portfolio Building With Some Bonds For The Beast

November 9, 2018 The Loonie Doctor Featured Posts, Financial Planning Physiology

Successful investing isn’t just about “the math”. Equities have the best long-term returns and tax treatment. There are some strong arguments that an all-equity portfolio will outperform. However, that approach hinges upon having a solid plan with extra wiggle room and executing it all with perfect discipline. If you can do that – great! Maybe[…]

Investor Behavior: Your Inner Hulk Investor

October 26, 2018 The Loonie Doctor Featured Posts, Financial Planning Physiology

Bonds historically fluctuate in value less (are less volatile) than equities. They also produce interest income which is highly taxed. In contrast, equities are more volatile in the short-term, but have always outperformed bonds over the long run. Further, equities produce more favorably taxed dividends and capital gains. This has caused some long-term investors to[…]

Build A Profitable & Fulfilling Practice- Go Where You Are Needed

October 19, 2018 The Loonie Doctor About, Featured Posts

Go Where You Are Needed In the first part of Loonie Doctor Wolverine origin story, you found out how I slid along the scale of altruism and greed to find that symbiosis is key to a healthy medical career. While I was fighting off ninjas and planning my ultimate attending job, I received the advice[…]

For Career Fulfillment – Find Symbiosis

October 12, 2018 The Loonie Doctor About, Featured Posts

One of the pieces of advice that I casually dropped in the post about how to start and build your medical business was to “Go where you are needed“. This one short sentence is central to finance and fulfillment in the professional life cycle – one of the main taglines that I use for this site.[…]

Business Planning To Start & Build Your Medical Practice

October 5, 2018 The Loonie Doctor Featured Posts, Financial Planning Physiology

This is the third post in a series to help new attending physicians get started off on the right financial foot. Previously, we discussed some early career major work and lifestyle choices with big financial impacts. That was followed with a checklist to tackle the big personal finance issues of debt, investing, cash flow, and calamity[…]

New Attending Personal Finance Checklist

September 29, 2018 The Loonie Doctor Featured Posts, Financial Planning Physiology

Getting off to a strong financial start as a newly minted attending physician has disproportionately large impacts longer term. In the preceding post, we touched upon some major work and lifestyle choices that new attendings face. A few years of continuing to work, live, and spend like a resident yields financial dividends early on that can compound[…]

New Attending Physician Choices With Big Financial Impacts

September 21, 2018 The Loonie Doctor Featured Posts, Financial Planning Physiology

The early lifecycle of a physician is rather caterpillar-like. Out of thousands of butterfly-wannabes, very few undergraduate eggs actually hatch and make it to the medical student larval stage. Like caterpillars, med students voraciously consume basic medical knowledge. When they have stored up enough, they enter the residency pupal stage. This is where the major[…]

Physician Finance Grand Rounds – Anniversary Edition

September 15, 2018 The Loonie Doctor About, Financial Grand Rounds

The Loonie Doctor blog just turned one year old. I am eating solids and have largely stopped drooling. Thanks to everyone for being readers. I have spent the past year writing about finance, taxes, and investing that is geared towards Canadian physicians and other high-income professionals. It has been a great experience so far –[…]

Is Our Motorhome a Money Saver or Sewer?

September 7, 2018 The Loonie Doctor Loonie Bin

Those who follow my blog, besides my family who kind of have to ;), may be wondering what happened since I have not posted in about a month. Well, one of the good things about blogging is reflecting on whether you follow your own advice. I recently wrote about spending time and money wisely. My[…]

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