March 29, 2024

Bucks Blog: Physician, Heal Thy Financial Self

In this weekend’s Your Money column, I tick off a list of character traits that many doctors share that may cause them financial harm.

Physicians may be impatient to acquire the trappings of success without stopping to consider longer-term financial goals. They may place too much faith in other professionals who pitch investments to them, given that doctors come from a unique environment in which the first principle is to do no harm. And they may have too much confidence. After all, if you can bring someone back from the brink of death, how hard can investing be?

If you’re a physician or know one well, please share your financial war stories (and ones of triumph) below.

Article source: http://feeds.nytimes.com/click.phdo?i=696a2daf8b9509db8e8e71aeb25ef951

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