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Financial Planning For Doctors

The Fulfilled Dentist with Karan Nijhawan | with guest Susan Columbus [Video]

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The Fulfilled Dentist with Karan Nijhawan | with guest Susan Columbus

If you’re experiencing burnout, stress or anxiety, download The Perfect Week Planner (free) tool at https://karannijhawan.com/perfectweek/

Now, on to today’s show!

Welcome to The Fulfilled Dentist, where I sit down with incredible humans and get their perspective on how to be a happier, healthier, and more fulfilled dentist in just 25 years of minutes.

And today I have with me Susan Columbus, who owned and managed a successful dental office in Gulf, Ontario, for over 26 years and recently retired to Osaka Beach. And she’s got a lot of passion for her work and has always had a positive attitude in our conversations.

Question #1: So there seems to be a thought in the world around dentistry that there are extremely high rates of depression and burnout in the dental industry alongside risks of suicide and anxiety. In your experience, is that a myth or does that have some truth?

Susan: I think there’s an element of truth to that because the type of people that are drawn to the dental industry are very detailed, very type A personality, high achievers, that sort of person. And then when we go through our training, everything has to be absolutely precise down to fractions of millimeters. And success is measured only by when it’s perfect. And that’s how we’re trained in school. So that reinforces that sort of thing. And then once you leave school, you go into the real world. And as we all know, nothing is perfect in the real world. And you just have to do your best, and you have to change your mindset to accept that you’re doing your best to help someone. And if you’ve helped someone, then you’ve succeeded. So you have to change how you think in order to be able to survive it, because I think if you’re focusing on all those little details and expectations of being perfect, you will feel like you have failed every single day, every minute of the day that you’re behind every fraction of a millimeter doesn’t work perfectly. When your schedule falls apart, there’s a million details. So you need to set up to celebrate small successes and successes in what you do and not focus on perfection because you’ll never achieve that.

Question #2: You were in the industry for a long time, 26 years, and you’re still involved in many capacities, which is amazing. What’s the one thing you wish you had known when you began your career?

Susan: I think that I wish that I’d had the business part of it. I wish that I had had more skills in people management, including myself. Right. I think that would have helped me a lot in navigating how to become a new dentist and how to navigate those sorts of associate contracts and positions and how to advocate for myself and know what the law is and know what my rights are and do all of those sorts of things. I think that piece was missing. I think also support at that time for females in the industry wasn’t as strong. It definitely has improved, and there wasn’t as much mentoring. That relationship wasn’t necessarily there at that time. Right. A lot of dentists view associates or new dentists coming in as a way to increase their revenue and not investing the time in developing them as a person and as a dentist to be able to either stay and take over or to move on and have those skills to be able to further them in their career. So I think that we need as experienced dentists, we need to take on that role.

Enjoy the rest of this interview for more knowledge from Susan!

And don’t forget to download your Perfect Week Planner https://karannijhawan.com/perfectweek/

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Financial Planning For Doctors

How Much To Tilt Your Portfolio - The White Coat Investor - Basics [Video]

Once you've decided you WANT to tilt your portfolio to some riskier asset class, you're left with the decision of how much to tilt it. The more you tilt, the more theoretical return you will get, but you have to weigh that against the loss of diversification and the additional risk. The reason small stocks have a higher expected return is that the risk is higher that they may not get that expected return, even in the long run. It's a bit of a Catch-22.I suggest moderation in all things. Although some authorities have advocated putting all of your stock allocation into risky asset classes such as small value stocks, I recommend you keep your tilts small enough that you still have a significant chunk of your portfolio invested in all the stocks in the world and all the investment-grade bonds in your currency.The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!Main Website: https://www.whitecoatinvestor.comYouTube: https://www.whitecoatinvestor.com/youtubeStudent Loan Advice: https://studentloanadvice.comFacebook: https://www.facebook.com/thewhitecoatinvestorTwitter: https://twitter.com/WCInvestorInstagram: https://www.instagram.com/thewhitecoatinvestorSubreddit: https://www.reddit.com/r/whitecoatinvestorOnline Courses: https://whitecoatinvestor.teachable.comNewsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter00:00 How Much To Tilt Your Portfolio00:07 Risk vs. Reward00:22 Stay Diversified

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Financial Planning For Doctors

DR .SONNY M. PIMENTEL ,D .Hum - Doctor of Humanities Honoris Causa and Star Achiever Awardee [Video]

Most empowered Leader in Legal, Organization Management, and Humanitarian Service awarded by Philippine Social Media Awards & Netizens Best Choice Awards. Okada, Grand Ballroom Manila December 15, 2021.