Best investment advice for doctors

Premium professional indemnity policy guides for health professionals? In Financial Planning we touch upon all the aspects of Personal Financial Management, and aims to build good financial habits among the Investors, and bring in Financial Wellness in their life. We believe that your good Financial Life depends more on your discipline and process you follow, rather than any Specific Investment strategy. Since doctors are among the busiest professionals, so it becomes more important for them to take good care of their money and use their time wisely on the professional upgradation, without being much worried on the Money management aspects. At Dr Good Money, We strive to make you Good With Money, So Money in turn be good with you.

We will Help you in Proper execution of the Financial Plan to put you into a Financial Discipline, and to keep your behavior biases at bay. Don’t Worry. We will help you Organize in your Money Matters and Manage the Financials Responsibly for you. We Serve Doctors at all Life stages. The Major benefits is the Peace of Mind and the feeling of Wellness that now your finances are being taken care of Responsibly for your benefit. You will enjoy the process and be always sure that the right quantum of money be available with you as and when required.

Once we have your Vitals at place, and the other reports like cash flow, net worth, Loan analysis, Savings requirements, we will write your Financial plan and come up with the best possible solution for the achievement of your financial goals. We may advise you discontinuing your insurance policies or increasing the Insurance cover, We may tweak your Investment Plan, may advise you on how to save more on taxes etc. But all our advise would depend on the Diagnostic reports and Your Requirements.

Manikaran Singal is the Founder and Chief Financial Planner at Dr Good Money. Manikaran is MBA Finance (Gold medalist), Certified Financial Planner and SEBI Registered Investment Adviser. Having 17+ years of extensive experience, he is managing clients across the globe. He has authored a book titled – “The Art of Being Good with Money” published by CNBC TV 18, India’s Biggest Media House. He is a Regular Contributor in leading Media Houses and his articles keep getting published in different prominent business magazines and Journals. He is of the strong Opinion that Money Behaves the Way you treat it. and if you really want to get Good out of it, first you have to behave good with it. Find additional information on Investment advisory for doctors.

What Investment Products will you advice on? Will you be selling me some ULIPs? Our advisory will mainly be on Asset Classes. Then, from products level we prefer doing Mutual funds. Insurance we would always advice to keep separate from Investments so will advice on the low cost options there too. We would also advice on the traditional Investments like PPF , SCSS and post office savings. Bank deposits also gets considered in some case. It all depends on your requirements, Risk profile, taxation profile etc.

Doctors in general start earning in the late 20s. Unlike other professions such as engineering, or CAs, doctors start earning late. Acquiring doctor’s degree is the result of years of hard work in academics, many years of training and spending huge sum of money. MBBS, post graduation, specialization etc. all this takes quite a time of their youth, and initial money-compounding years. This is not all, in this ever changing scenario they need to stay relevant and updated by attending conferences, participating and reading the researchers and all these further demands their time and money. Find extra info at https://drgoodmoney.com/.

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