AUTOMOBILES: Doctors and their Cars?

Some Financial Thoughts and/or Rules?

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By Dr. David Edward Marcinko MBA CMP®

SPONSOR: http://www.CertifiedMedicalPlanner.org

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The 10-year rule for buying a new vehicle

When trying to decide whether to buy a used car or a new one, it’s typically financially wiser to buy used. But if you want to buy new, you should plan to drive the car for 10 years or more.

Better yet – do not buy a new vehicle.

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The 20/4/10 rule for buying a vehicle

If you have to borrow when buying a car, to avoid spending more than you can afford you should put down at least 20%, keep the loan limited to no more than four years (to avoid interest), and spend no more than 10% of your gross income on transportation costs (which includes the car payment, parking, gas, and insurance).

Better yet – do not buy a new vehicle.

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Pre-Owned Used Cars!

MORE: https://medicalexecutivepost.com/2012/11/28/how-doctors-might-buy-a-pre-owned-car/

MORE: https://medicalexecutivepost.com/2014/11/09/doctors-and-rental-cars/

MORE: https://medicalexecutivepost.com/2014/01/08/the-jaguar-touring-sedan-one-of-the-finest-luxury-cars-built-yesterday/

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Understanding the “Language” of Healthcare Finance, IT, Economics and Insurance

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By Ann Miller RN MHA

The ME-P is Doing Its’ Part with Comprehensive Dictionaries and Glossaries

Product DetailsProduct DetailsProduct Details

[Click on each icon for a larger view]

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So – What is Financial BETA, Granularity?

MUCH MORE COMPLICATED THAN MOST [PHYSICIAN] INVESTORS THINK!

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By Dr. David Edward Marcinko MBA CMP®

CMP logo

SPONSORED: http://www.CertifiedMedicalPlanner.org

May 11, 2021

Dow34,269.16-473.66-1.36%
S&P 5004,152.10-36.33-0.87%
Nasdaq13,389.43-12.43-0.09%
GlobalDow4,011.09-61.07-1.50%

Most all investors and physician executives are aware of the concept of financial beta.

BETA: A Systemic risk measurement benchmark correlating with a change in a specific index.

EXAMPLE: The measure of a stock’s volatility relative to the market, where a beta lower than 1 means the stock is less sensitive than the market as a whole; higher than 1 indicates the stock is more volatile than the market. The healthcare industry is considered to be increasingly volatile and hence possess a higher beta.

CITATION: https://www.r2library.com/Resource/Title/0826102549

See the source image

QUERY: But, what about more granular concepts like Levered Beta vs Un-levered Beta?

LINK: https://corporatefinanceinstitute.com/resources/knowledge/valuation/what-is-beta-guide/

ALPHA versus BETA Podcast: https://youtu.be/dP_23vKJ3HQ

YOUR THOUGHTS ARE APPRECIATED

Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™

ORDER Textbook: https://www.amazon.com/Comprehensive-Financial-Planning-Strategies-Advisors/dp/1482240289/ref=sr_1_1?ie=UTF8&qid=1418580820&sr=8-1&keywords=david+marcinko

SECOND OPINIONS: https://medicalexecutivepost.com/schedule-a-consultation/

INVITE DR. MARCINKO: https://medicalexecutivepost.com/dr-david-marcinkos-bookings/

THANK YOU

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PODCAST: Medicare Outsources Paying Claims

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The US Federal Government Does NOT Process Medicare Claims.

By Eric Bricker MD

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CITE: https://www.r2library.com/Resource/Title/082610254

COMMENTS APPRECIATED

Thank You

Subscribe to the Medical Executive-Post

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