The Dentist Money Show | Financial Planning & Wealth Management

Most people have irrational fears, like a fear of flying, of heights, or spiders, or snakes. Fear is a product of human evolution as our brains are hardwired to avoid risk, like evading threats to our life—and even the loss of money. On this episode of the Dentist Money Show, Ryan and Matt look at how five tips for overcoming the fear of flying also work well for people with investophobia. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Ryan, and Rabih report on the recent 401(k) catch-up contribution changes; look into why medium and long-term U.S. debt was downgraded and what it might mean for the market; and talk about what factors might be contributing to consumer credit card debt hitting an all-time high. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Money comes in and you pay your taxes, debts, and living expenses. Then what? Where should the rest go so you can enjoy greater security and less stress? For this episode of the Dentist Money Show, Ryan joins with Regan Richardson on a Productive Dentist Academy webinar to examine the four places where you should allocate your leftover money during uncertain economic times. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt and Will discuss the affect on portfolio diversity of the largest seven stocks (Apple, Microsoft, Alphabet, Amazon, Tesla, Berkshire Hathaway, UnitedHealth Group) that make up 27% of the S&P 500's overall value, and how the slowing job market fits into the FED's attempt for a "soft landing." Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

The government added some new twists to old student loan debt. Now there are numerous reasons why you may need to rethink your repayment approach. If you have student loans, not understanding the changes could prove costly. On this episode of the Dentist Money™ Show, Matt talks with Travis Hornsby of Student Loan Planner, who explains the new requirements and new math. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt and Victoria provide a market update and then take a close look at "finfluencers" and examine how they get followers and whether you should pay attention to their opinions and content. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Thousands of dental practices are bought and sold each year. Make the right purchase decision and both your professional and even your personal life run smoother. Make the wrong purchase decision and troubles await. On this episode of the Dentist Money™ Show, Ryan welcomes Brian Hanks of Dental Buyer Advocates to talk about the mechanics of purchasing a practice. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Victoria, and Rabih look into why participation in stock ownership has been stagnant since the late 1990s, plus they discuss a poll about what people feel is the best asset class for long-term investment—real estate, stocks, bonds, CDs, gold, or crypto. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Starting with changes in baseball that were highlighted by "Moneyball", data-driven analytics have transformed sports. Can dentists learn from this analytics revolution and use data to drive more predictable practice growth? That's one of the questions Ryan asks George Hariri of Shared Practices and author of "Dental Moneyball" on this episode of the Dentist Money™ Show. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Taylor, and Rabih look at the reality of what's going on in economy vs people's pessimism about the economy, and why the new income driven repayment plan SAVE (Saving on a Valuable Education) is game-changing news for dentists. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Owning a practice can result in the accumulation of great wealth for a dentist. Unfortunately, these five financial blunders can derail that money train. On this Dentist Money™ Show, Ryan and Richard Low, of Shared Practices, take a hard look at mistakes that interrupt wealth accumulation—and why today's dentist needs an incredible level of practice and personal organization. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt and Rabih look at how the U.S. is dominating in terms of economic recovery and controlling inflation, plus with Rabih celebrating his first July 4th as a citizen, what American foods top his list of likes. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

While inflation has cooled a bit, the return available from both bonds and high-yield savings accounts remain high. So where should your short-term money go to get both the return and the safety that make you comfortable? On this Dentist Money™ Show, Ryan and Rabih look at why time is the biggest factor to consider when choosing where your short-term money should go. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Ryan, and Jake talk about why Baby Boomers are so invested in stocks. They look at savings rates in America, and they discuss why private equity deals have fallen off so drastically this past year. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.

While 401(k)s aren't common at dental practices, they are available to many dentists' partners or spouses. So what are the pros and cons of typical 401(k) investment options? And when is it OK to own a permanent life policy? On this listener Q&R (Question and Response!) episode of the Dentist Money™ Show, Ryan and Matt answer financial questions from our loyal listeners. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Will talk about the recent Fed interest rate decision, look at why student loan payments are back, and discuss whether money can buy happiness. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.

Building a secure foundation that supports your money decisions doesn't require constant stress about finances. Follow these three steps to reduce your money worries even as you find greater enjoyment in life's meaningful moments. On this episode of the Dentist Money™ Show, Ryan and Matt explain how to lay the groundwork for a financial house that will stand the test of time. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.

Welcome to Dentist Money Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Will give an update on inflation and the markets, talk about some Dave Ramsey advice they can get behind, and discuss more about what AI's effect on society might be. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

With conditions fluctuating within the dental industry as more consolidation occurs, it's important to know how to react to a buyout overture from a DSO. On this episode of the Dentist Money™ Show, Ryan interviews Brannon Moncrief, of McLerran & Associates, who talks about current market conditions, how to understand practice value, and why a buyout might be a good move for some dentists, but not for others. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Jake consider whether the fascination with Chat GPT and AI has brought about the end of crypto. Plus, they look at how the debt ceiling resolution affects student loans. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

As costs rise, finances become increasingly complicated. Today the accounting services a practice owner needs must go beyond compliance work like bookkeeping and taxes. You also need help with strategic planning for the future. On this episode of the Dentist Money™ Show, Ryan interviews Jaime Staley whose firm, PJS & Co., offers comprehensive CFO and Controller services. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Two Cents, a weekly look at the latest financial and economic news. On this show Matt, Ryan, and Rabih discuss the difficulties rising housing costs are causing, take a close look at the run on AI stocks, and examine the possibility of AI predicting future stock market movements. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Have you heard financial claims repeated so often you know they must be true—yet those claims lack any supporting evidence. They are financial woozles. On this episode of the Dentist Money™ Show, Ryan and Matt shine the light on several financial woozles that could prove costly if you continue to believe them. When you don't understand the truth, mistakes will always happen. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Two Cents, a new podcast that takes a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Taylor define the term recession and include some additional parameters to what might consistute one. Plus, they take a closer look at the recent run-up of technology sector stocks. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Not every stock goes up. Luckily, the IRS has approved tax-loss harvesting as a way to help offset capital gain taxes owed from selling profitable assets. So how does this tax strategy work and should every investor be using it? On this episode of the Dentist Money™ Show, Ryan and Rabih get into the nitty-gritty of how to use tax-loss harvesting strategies in your portfolio. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this episode of Dentists Are People Too, Ryan talks with Dr. Ashley Joves. Business owner, podcaster, "foodie", dentist, mother and wife, Ashley reveals what inspired her vision to do dentistry differently. She is the founder of Smile & Co., a space to laugh and have fun, all while delivering outstanding dental care.

Welcome to Two Cents, a new podcast that takes a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Will take a closer look at what is involved in the current debt ceiling discussions; look at the latest on the inflation front; and discuss the potential ramifications of Robin Hood's move to 24-hour trading. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Dentists have diverse legal needs whether it's incorporating; real estate—purchasing, selling, or leasing a building; associate agreements; and don't forget the issues that come when selling a practice. A lot can go wrong. On this episode of the Dentist Money™ Show, Ryan welcomes dental-speciific attorney David Cohen to talk about legal concerns that come with ownership. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Welcome to Two Cents, a new podcast that takes a weekly look at the latest financial and economic news. On this show Matt, Rabih, and Jake discuss headlines that may affect the market and your money; debate who is happier, homeowners or renters; and examine what Warren Buffet and Charlie Munger said at the 58th Berkshire Hathaway investor meeting. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

What advice would Ryan and Matt give to a startup about how to use their early funding—especially if they find themselves with access to extra cash? And, what traps might await a dentist who is in practice accumulation mode? On this listener Q&R (Question and Response!) episode of the Dentist Money™ Show, Ryan and Matt answer financial questions from our loyal listeners. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Does the membership plan you use give fee-for-service patients the benefits that they really want? To keep them satisfied and coming back, it should. On this episode of the Dentist Money™ Show, Ryan welcomes Paul Lowry of Dental Menu. There's a big difference between Groupon-like discount plans and a Netflix-style membership plan that actually improves patient retention. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

"How much money do I need to retire?" That answer varies depending on who you ask. Retirement experts will offer various rules of thumb about how much the average American needs … but how much does that average American think they need? On this Dentist Money™ Show Ryan and Matt offer what they believe is a fair answer for dentists, and what variables make the answer unique to each dentist. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Grief, it's our natural response to loss. And whatever the loss, there's no right or wrong way to grieve. But to stay emotionally healthy, you must grieve. After seeing The Art of Grieving, Ryan was moved to interview Preston Zeller, whose art project is the film's focal point. Talking about grief is not easy, but Ryan felt it was important to share their conversation on this Dentist Money™ Show. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this episode of Dentists Are People Too, a Dentist Money Show series, Ryan talks with Dr. Jared Hill. Jared discusses his journey through dentistry and tells why he now helps others to work together to elevate their businesses and bring greater significance to their lives through the Elevation Association.

Alternative investments—venture capital, private equity, collectibles—are assets usually held by institutional investors. With more complexity and a greater degree of risk, should individual investors still look into them? On this episode of the Dentist Money™ Show, Ryan, Matt and Rabih talk about five factors an investor should consider before jumping into private investing. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Until recently BRICS was made up of Brazil, Russia, India, China, and South Africa. Now that other nations are applying for membership in the alliance, what does that mean for U.S. global power, the dollar, and your investments? On this episode of the Dentist Money™ Show, Ryan asks Rabih Dimachki, head of our investment strategies, to talk about what investors should know about BRICS. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this episode of Dentists Are People Too, a Dentist Money Show series, Ryan talks with Dr. Brian Harris. The founder of Smile Virtual, Brian describes the philosophies that drive his life and businesses, and what entrepreneurial risks taught him lessons that ultimately defined his successful career.

Is it time to reevaluate how your practice approaches its hygiene department? Labor shortages and demand for higher wages are changing the hygienist market. So what can you do to stabilize hygiene and ensure it's not merely a loss-leader? On this episode of the Dentist Money™ Show, Ryan welcomes Wendy Briggs of Hygiene Diamonds to talk about why there's a need to rethink the role of the hygienist. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Banks need to be considered safe and stable places to keep people's money. There's a plethora of problems that occur if people lose faith in that fact. On this episode of the Dentist Money™ Show, Ryan and Matt examine why there was a run on Silicon Valley Bank deposits, the history of bank failures, and the role of the FDIC to ensure people have confidence in the banking system. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this episode of Dentists Are People Too, a Dentist Money Show series, Ryan welcomes Meredith Papadea. A pediatric dentist from South Carolina, Meredith shares with Ryan the unusual path that brought her to dentistry, her love of serving children, of running races, of pursuing happiness … and of the Disney way!

The industry is becoming more entrepreneurial, but there are pitfalls and perils awaiting those who don't know the ins and outs of building a group practice. On this episode of the Dentist Money™ Show, Ryan talks with Perrin DesPortes of Polaris Healthcare Partners, a strategic advisory firm focused exclusively on helping entrepreneurial dentists build successful group practices.

When someone is unable to fully grasp the importance of something, it's called a blind spot. While we all have them, early recognition of personal financial blind spots can prevent us from making costly mistakes. On this episode of the Dentist Money™ Show, Ryan and Matt warn about five common blind spots every dentist should consistently guard against. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On the inaugural episode of Dentists Are People Too, a Dental Money Show Series podcast, Ryan welcomes Mark Costes. Writer, coach, serial entrepreneur, podcaster, and dentist, Mark shares stories about his entrepreneurial successes … and failures, his personal passions, and why he loves the philosophy of Stoicism.

If you don't believe fraud will happen at your practice, you're not paying attention to the high number of dentists who get embezzled by a staff member. On this episode of the Dentist Money™ Show, Ryan talks about fraud in the dental industry with David Harris, founder of Prosperident, a forensic investigation firm that specializes in protecting dentists from financial crimes. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

DSOs are in a buying mode, but before you act too fast, there is a lot to consider as selling a practice is a huge financial and emotional decision. On this episode of the Dentist Money™ Show, Ryan talks with Kyle Francis of Professional Transition Strategies about industry consolidation, how DSOs make money, and if selling, finding a partner, or just holding is right for you. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Want financial peace of mind? First uncover what really matters to you when it comes to your money, then align those core values with your finances. On this episode of the Dentist Money™ Show, Ryan and Matt welcome back Reese Harper to talk about the philosophy behind the Elements app and how it can help people connect their financial decisions to their values and purpose. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Dentists face financial complications that far exceed a normal person's. How to conquer that complexity was the proving ground for the development of Elements. The Elements app is now ready and Dentist Advisors is using it with clients. On this episode of the Dentist Money™ Show, Ryan and Matt explain how Elements helps people get organized and find financial peace of mind. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

You read headlines like, "After a brutal 2022, Wall Street predicts 2023", "Market Forecast 2023: Challenges Abound", and you know analysts pour over numbers and trends to come up with their predictions. So are they accurate? On this episode of the Dentist Money™ Show, Ryan and Rabih discuss what economists base their predictions on—and what can end up going right … or wrong. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

If a DSO comes calling, making a mistake during negotiations could be extremely costly. Here's how to control the discussion and maximize the outcome. On this episode of the Dentist Money™ Show, Ryan interviews Brannon Moncrief of McLerran & Associates. Whether a DSO is showing interest, or you're selling a practice, find out why adding a sell-side advisor improves your position. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Even though 2022 was a tough one for stocks, Dentist Advisors' clients continued to grow their net worth through smart financial decisions. On this episode of the Dentist Money™ Show, Ryan and Matt examine Dentist Advisors' year-end data for client averages for income, net worth, debt reduction, and more. How do you stack up as you advance on your own path to wealth? Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.