Posts Categorized as Wealth Preservation

Ross Polking Thumbnail Photo

You’re probably familiar with this life: As soon as you begin your 12-hour shift, you’re shuttling from one patient to the next, hoping for enough of a lull to snatch a fast-food bite or maybe a couple hours of sleep.

Balancing work with your personal life is one of the most difficult tasks for physicians. As a result of long hours and little free time, physicians are notorious for procrastinating...

Read More

Ross Polking Thumbnail Photo

investment fundamentals quiz foster group

It takes courage to be a physician. Not only are you making life-or-death decisions for some of your patients, you run the risk of a lawsuit if the patient or the patient’s family isn’t satisfied with your treatment.

That’s why you have to take the appropriate measures to protect your wealth. Here are a couple of questions you...

Read More

Ross Polking Thumbnail Photo

Here’s a key to success: Maximize cash flow while paying less in taxes. A shortage in cash flow can send you into survival mode, and improper understanding of tax deductions can cause you to miss out on opportunities for a break.

Here are four tips to keep in mind as you further your success:

1) Eliminate Present Burdens On Your Cash Flow (And Future Drains)

As cash flow comes...

Read More

Ross Polking Thumbnail Photo

As a physician, you’re making life-or-death decisions every day. You know the best way to make decisions under pressure is a combination of relying on your clinical experience and consulting the latest research available. That’s the nature of evidence-based medicine: You combine both experience and research.

Evidence-based investing is no different.

To invest well, you need to focus on your needs as well as leverage the research that’s out...

Read More

Ross Polking Thumbnail Photo

A year ago I blogged about one of my sports passions, the Kansas City Royals (https://foster.wpengine.com/blog/blog/royal-perspective/).  Hindsight being 20/20, I should have finished the blog with “to be continued…”  As complimentary as I was toward the vision of the organization and the discipline to stick to their plan, I failed to voice my optimism for the yet-to-come 2015 season as I finished the article.  Now World Series champions, my...

Read More

Ross Polking Thumbnail Photo

Many Americans continue to worry about the health of our economy.  Market volatility does nothing to soothe concerns.  Jobs and GDP reports come with mixed messages.  Things must be better elsewhere, right?  Everything is relative.  Foreign investors held $6.2 trillion of U.S. government debt at the close of June, an all-time high.  That same group also holds 20% of U.S. stocks and 35% of outstanding U.S. corporate debt (up from...

Read More

Ross Polking Thumbnail Photo

Stock prices in markets around the world fluctuated dramatically for the week ended August 27. On Monday, August 24, the Dow Jones Industrial Average fell 1,089 points—a larger loss than the “Flash Crash” in May 2010—before rallying to close down 588. Prices fell further on Tuesday before recovering sharply on Wednesday, Thursday, and Friday. Although the S&P 500 and Dow Jones Industrial Average rose 0.9% and 1.1%, respectively, for the...

Read More

Earlier this year, Foster Group CEO, Mark Stadtlander was quoted in an article published in the Wall Street Journal.  The article, titled “How to Survive a Bear Market,” centered around how investors could protect themselves from the possibility of a bear market in stocks, in light of the fact that the current bull market is now more than six years old. Mark recounted some of the frustration he felt in back...

Read More