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  • SLC OB SLC OB 
    Participant
    Status: Physician
    Posts: 609
    Joined: 06/23/2018
    Earnest refinancing bonus

    Just gave a talk at a Orthopedic Conference on Physician Finances related to Physician wellness.

    I’m happy to send you the slide deck. however, it took me about 35-40 minutes plus questions.

    Depends on your audience. I asked at first:

    How many are still in training? 5 years out? etc.

    How many know their net worth? (Only about 1/2)

    How many have an investment plan? (only about 1/2, likely the same half!)

    Also, some got up and argued about keeping student loans around… such loan interest rates that it is “free money”… coming from some of the highest earners in medicine.

     

    #186523 Reply
    CordMcNally CordMcNally 
    Participant
    Status: Physician
    Posts: 3017
    Joined: 01/03/2017

    I made a graph. Feel free to use it in your talk.

     

     

    Attachments:
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    “But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
    ― Benjamin Graham, The Intelligent Investor

    Zaphod Zaphod 
    Participant
    Status: Physician, Small Business Owner
    Posts: 6326
    Joined: 01/12/2016

    Just gave a talk at a Orthopedic Conference on Physician Finances related to Physician wellness.

    I’m happy to send you the slide deck. however, it took me about 35-40 minutes plus questions.

    Depends on your audience. I asked at first:

    How many are still in training? 5 years out? etc.

    How many know their net worth? (Only about 1/2)

    How many have an investment plan? (only about 1/2, likely the same half!)

    Also, some got up and argued about keeping student loans around… such loan interest rates that it is “free money”… coming from some of the highest earners in medicine.

     

    Click to expand…

    Well depending on the rates they could be right.

    #186585 Reply
    Liked by childay
    Avatar Peds 
    Moderator
    Status: Physician
    Posts: 4646
    Joined: 01/08/2016
    Well depending on the rates they could be right.

    Click to expand…

    true. something the old docs dont understand. their loans are at 1% haha.

    #186596 Reply
    Liked by adventure, Zaphod
    Drop it into MD Drop it into MD 
    Participant
    Status: Physician
    Posts: 440
    Joined: 09/20/2018

    Thanks for the help!  The talk was a big success.  I gave my copy of the WCI book to a cople of med students who seemed very interested to get into it.  Sorry WCI for the loss of a book sale but I will likely buy your new book to help balance that out.

    ENT Doc your graph was well received and helpful.

    Cord your graph got plenty of laughs and was not helpful.

    I ended up using poll everywhere and that worked out great.  IT allowed me to anonymously learn that most used financial advisers but about half the group knew what they were talking about and seemed to be getting good advice.  I hope at a fair price.  Maybe a wake up call for some.

    The rest of the comments mostly echoed what I was planning on going over other then the digression about how much money you need to be happy.

    Thank you everyone and thank you WCI.  Maybe we will get a few more followers.

    #188034 Reply
    Avatar Bmac 
    Participant
    Status: Physician
    Posts: 318
    Joined: 10/21/2017

    Wouldn’t it have been easier to just have one slide for the WCI website and then this.

    https://goo.gl/images/Wtg41m

    #188052 Reply
    Drop it into MD Drop it into MD 
    Participant
    Status: Physician
    Posts: 440
    Joined: 09/20/2018

    I wish I remembered the mic drop.

    *darn auto correct

    #188057 Reply
    Avatar adventure 
    Participant
    Status: Spouse
    Posts: 1204
    Joined: 10/24/2016

    Thanks for posting about how it went – nice to read .

    #188194 Reply

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