Capital gains harvesting is the process of realizing some capital gains on an investment and[…]
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Personal Finance Investing & Wealth For High Income Professionals
A Canadian physician blog for helping other Canadian physicians learn to manage and improve their financial health, invest, and build wealth to support them in having fulfilling careers and lives.
Capital gains harvesting is the process of realizing some capital gains on an investment and then immediately buying it back[…]
Read moreThe main purpose of this site is to feature content that helps physicians and other high-income professionals find success, balance,[…]
Read moreConventional wisdom is to avoid realizing capital gains in order to defer taxation as long as possible. However, there are[…]
Read moreCovid-19 has damaged most Canadian small businesses. Even physicians have not been immune. The Federal government has responded with massive[…]
Read moreLast week, I reviewed some of the steps we can take to build our financial immunity to economic shocks. The[…]
Read moreEveryone has had an overwhelming amount of change thrust upon them over the past month. While you’d think that physicians[…]
Read moreThe sequence of returns risk (SORR), or sequencing risk, is the risk that you will be unlucky and have lousy[…]
Read moreIn the preceding post, I described the sequence of returns risk – the risk that you will get unlucky around[…]
Read moreThe sequence of returns risk is a mathematical risk that is caused by cashflow and magnified by volatility. It peaks as we approach and shortly after we’ve arrived at our financial destination.
Read moreManaging risk is a key component of successful investing. There is investment risk that we try to mitigate through diversification.[…]
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