Physician Life Insurance Family

Disability Insurance Discounts Exist!

What is with all this talk about discounts on disability insurance? Why are you hearing so much about it at this time of year? Does it really matter to get a discount on the insurance? What would happen if you waited to get it a later date?

The disability insurance companies have created an incentive for doctors to sign up at key times in order to maximize enrollment and at the same time offer significant savings for those who get their policy going earlier. We are talking about individual disability insurance here, not employer, group or association insurance. We are going to focus our attention on individual plans since more than 80% of doctors get their individually owned policies are obtained by doctors at the start of their careers according to the American Medical Association’s Physician Financial Preparedness Survey.

How much are we talking about in savings from the discount? Continue reading…


doctors life podcast

The Doctor’s Life Podcast Episode 026- The Correct Way to Withdraw Your Retirement Funds

Do you know there is actually a correct way to withdraw your retirement funds? You’ve been throwing money in so many investment vehicles over the years. Now that you’re ready to capitalize on that money, make sure you withdraw your retirement funds the correct way.

Nick Schneider is back in The Doctor’s Life Podcast studios to run us through withdrawing your retirement funds. All episodes of The Doctor’s Life Podcast are available here, iTunes, Android, and on SoundCloud. Make sure to subscribe and you will be the first to get new episodes of The Doctor’s Life Podcast. Continue reading…


Weekly Economic Update for the Week of May 9, 2016

Justin Nabity Presents: 

WEEKLY ECONOMIC UPDATE

WEEKLY QUOTE

 

“He not busy being born is busy dying.”

     

– Bob Dylan

      

   

WEEKLY TIP

 

In your business budget, think of your marketing costs as a percentage of sales, somewhere between 2-10%. If you are building a brand, those costs might need to approach or exceed 20% of sales.

  

   

WEEKLY RIDDLE

 

I can easily be divided. Within me, you will notice 13 hearts, but no organs. What am I?

 

 

Last week’s riddle:

It cannot see and it feels no pain, despite matter constantly going through its eye. What is it?

   

Last week’s answer:

A sewing needle.

 

 

 

 

May 9, 2016

 APRIL JOBS REPORT RAISES QUESTIONS

Employers hired 160,000 more workers than they let go last month, and that net job gain was the smallest since September. Does this suggest a job market losing steam, or does it hint at an economy nearing full employment? The hiring number may make the Federal Reserve reconsider the possibility of a June interest rate hike. Average hourly wages improved to $25.53 in April, up 2.5% year-over-year. While the main jobless rate remained at 5.0%, the U-6 rate, counting both the unemployed and underemployed, declined 0.1% to 9.7%.1

 

MORE EXPANSION IN FACTORY & SERVICE SECTORS

Both of the Institute for Supply Management’s purchasing manager indices were above the critical 50 level (indicating growth) in April. ISM’s manufacturing index came in at 50.8, its non-manufacturing index at 55.7. Economists surveyed by MarketWatch expected a 51.4 reading for the factory PMI and a 54.7 reading for the services PMI.2

 

OIL SETTLES UNDER $45

Light sweet crude closed at $44.66 Friday on the NYMEX, down 2.7% for the week on perceptions that near-term supply was exceeding demand. Gold got a boost from the disappointing jobs data, settling at $1,294.00 Friday to go up 0.3% for the week.3,4

 

WALL STREET SEES A MINOR WEEKLY RETREAT

Across May 2-6, the S&P 500 lost 0.40% to 2,057.14; the Nasdaq Composite, 0.82% to 4,736.16; and the Dow Jones Industrial Average, 0.19% to 17,740.63. Headwinds included the underwhelming jobs report, the weaker-than-expected ISM factory PMI and the week’s dip in oil prices.5

 

THIS WEEK: On Monday, earnings from Chimerix, Hertz Global, Nautilus, Novatel Wireless, TeamHealth, and Tyson Foods arrive. Dean Foods, Electronic Arts, Norwegian Cruise Line, Planet Fitness, Tribune Media, and Walt Disney Co. present earnings Tuesday. Wednesday, the earnings parade includes announcements from Aramark, Jack in the Box, Macy’s, NetEase, Weibo, and Wendy’s. Thursday, the latest initial claims figures complement earnings news from Dillard’s, Kohl’s, Nordstrom, Ralph Lauren, Shake Shack, and Symantec. April retail sales data, the April Producer Price Index, and the initial May consumer sentiment index from the University of Michigan all appear Friday, along with Q1 results from J.C. Penney.

 

% CHANGE Y-T-D 1-YR CHG 5-YR AVG 10-YR AVG
DJIA +1.81 -0.57 +8.07 +5.32
NASDAQ -5.42 -3.73 +13.50 +10.22
S&P 500 +0.65 -1.11 +10.70 +5.52
REAL YIELD 5/6 RATE 1 YR AGO 5 YRS AGO 10 YRS AGO
10 YR TIPS 0.18% 0.34% 0.71% 2.45%

 
Sources: wsj.com, bigcharts.com, treasury.gov – 5/6/166,7,8,9

Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not include dividends. 10-year TIPS real yield = projected return at maturity given expected inflation.

 

 Please feel free to forward this article to family, friends or colleagues.
If you would like us to add them to our distribution list, please reply with their address.
We will contact them first and request their permission to add them to our list.
 
 
Securities offered through Lion Street Financial, LLC. (LSF), Member FINRA & SIPC. Investment Advisory Services offered through Physician Investment Advisors, LLC. Physician Advisors and Physician Investment Advisors are not affiliated with LSF.

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Past performance is no guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional.

 

Citations.

1 – forbes.com/sites/samanthasharf/2016/05/06/jobs-report-u-s-adds-160000-jobs-in-april-unemployment-rate-steady-at-5/ [5/6/16]

2 – marketwatch.com/economy-politics/calendars/economic [5/6/16]

3 – marketwatch.com/story/oil-prices-dip-as-focus-returns-to-global-supply-glut-2016-05-06/ [5/6/16]

4 – marketwatch.com/story/gold-stocks-step-higher-ahead-of-jobs-report-2016-05-06 [5/6/16]

5 – markets.on.nytimes.com/research/markets/usmarkets/usmarkets.asp [5/6/16]

6 – markets.wsj.com/us [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=5%2F6%2F15&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=5%2F6%2F15&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=5%2F6%2F15&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=5%2F6%2F11&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=5%2F6%2F11&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=5%2F6%2F11&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=5%2F5%2F06&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=5%2F5%2F06&x=0&y=0 [5/6/16]

7 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=5%2F5%2F06&x=0&y=0 [5/6/16]

8 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [5/6/16]

9 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [5/6/16]


doctors life podcast

The Doctor’s Life Podcast Episode 025- Entering The Partnership Track

Entering the partnership track is no joke. There is a lot that you need to know about your employer or future employer that maybe you don’t see day-to-day.

Justin Nabity is in The Doctor’s Life Podcast studios to guide you through entering the partnership track. All episodes of The Doctor’s Life Podcast are available here, iTunes, Android, and on SoundCloud. Make sure to subscribe and you will be the first to get new episodes of The Doctor’s Life Podcast. Continue reading…


Female Doctor with Stethoscope Holding Piggy Bank

Monthly Economic Update for May 2016

Nick Schneider Presents:

MONTHLY ECONOMIC UPDATE

MONTHLY QUOTE

 

“If you have knowledge, let others light their candles at it.”
– Margaret Fuller

 

  

MONTHLY TIP

 

You may have “stray” retirement accounts at past employers. Rather than contend with multiple such accounts, think about rolling them into an IRA or into your current employer-sponsored retirement account, if permitted.

  

 

MONTHLY RIDDLE

This three-letter word signifies something you do each day; mix the letters around and you have a beverage you can drink. What word is this?

 

 

Last month’s riddle:
A woman walks into a cabin one afternoon in Florida. That evening, she walks out of the same cabin, yet she is now in New York. How is this possible?

 

 

Last month’s answer:

She steps into an airplane cabin in Florida in the afternoon and steps out of it a couple of hours later when the plane lands in New York.

 

May 2016

THE MONTH IN BRIEF
The S&P 500 managed to advance 0.27% in April as many companies beat earnings and revenue forecasts. Some important commodities posted remarkable monthly gains. Existing home sales rebounded, and manufacturing seemed to have recovered from its winter slump. Hiring continued to impress, but consumer spending figures and consumer confidence indices did not. All in all, it was a relatively calm month, absent of much of the volatility seen in the first quarter.1

 

DOMESTIC ECONOMIC HEALTH
In early April, the Labor Department reported a net gain of 215,000 jobs in March, placing the average monthly net job increase at 209,000 for the first quarter. Since the labor force participation rate rose slightly in March, the unemployment rate ticked up 0.1% to 5.0%. The U-6 rate, including the underemployed, also rose 0.1% to 9.8%. The average hourly wage was $25.43 in March, and that was 2.3% higher than in March 2015.2

 

By the initial estimate of the Bureau of Economic Analysis, the economy had grown only 0.5% in the opening quarter of 2016. That sluggish growth was underlined by the March personal spending number. The Commerce Department noted just a 0.1% rise in consumer spending in the year’s third month; consumer incomes did grow by 0.4%, however. So, continuing a recent trend, Americans saved more of what they earned. Retail sales fell 0.3% in March; core retail purchases were up 0.2%.3,4

 

Consumer prices rose just 0.1% in March, with the core Consumer Price Index making the same small advance as the headline CPI. (Inversely, both the headline and core Producer Price Index declined 0.1% for March.) The core CPI was up 2.2% on an annualized basis.4

 

The March numbers for the manufacturing and non-manufacturing purchasing manager indices maintained by the Institute for Supply Management were encouraging. While the BEA’s initial Q1 GDP estimate suggested an economy on stall speed, ISM’s factory PMI recaptured the 50 level in the third month of 2016, signaling growth for the factory sector. Its 51.8 mark was 2.3 points above its recessionary reading in February. ISM’s services PMI improved 1.1 points to 54.5 in March, its best reading since December. In other news related to industry, the Census Bureau reported capital goods orders rising 0.8% in March; although, they were down 0.2% with transportation orders factored out.3,5

 

Household sentiment declined last month. The University of Michigan’s consumer sentiment index slipped 1.3 points in its preliminary April reading to 89.7, then fell further to a final April mark of 89.0. As for the Conference Board’s consumer conference index, it lost 1.9 points in April and fell to 94.2.3,4

 

GLOBAL ECONOMIC HEALTH
As April drew to a close, the Bank of Japan decided not to bolster its economic stimulus. That decision disappointed investors, who figured on additional measures. With annualized deflation of 0.1% measured in March, the BofJ pushed its goal of achieving 2% inflation into 2017. Elsewhere in Asia, China’s central bank made its biggest yuan rate move in 11 years on April 28, sending the currency 0.56% higher in a day as the U.S. Dollar Index reach its lowest point since June 2015.6,7

 

According to Eurostat, the eurozone’s economy grew 0.6% in Q1. Data suggested that the long-beleaguered Spanish economy would expand 1.5% in the year’s opening quarter. France’s economy grew 0.5% in Q1; Italy’s economy 0.3%. As the eurozone unemployment rate dipped to 11.4% in March, Italy’s jobless rate hit a four-year low. Unemployment in Germany stayed at an all-time low of 6.2% in April.6,8

 

WORLD MARKETS
On the whole, European markets outperformed their Asia Pacific counterparts in April. The Europe Dow rose 2.97%; the DAX, 0.74%; the CAC 40, 1.00%; the STOXX 600, 1.17%; the FTSE MIB, 2.67%; the IBEX 35, 3.47%; and the RTS, a whopping 8.55%. Ireland’s ISEQ staged the only notable retreat, losing 2.34%.1

 

April winners in the Asia Pacific region included the KSE 100, +4.77%; the Hang Seng, +1.40%; the Sensex, +1.04%; the Asia Dow, +1.07%; and the S&P/ASX 200, which went +3.33%. Losers included the Shanghai Composite, -2.18%; the Nikkei 225, -0.55%; and the Kospi, -0.09%.1

 

Benchmarks in the Americas were largely positive, some quite so. To our south, the IPC All-Share fell 0.21%, but the Bovespa rose 7.70% and the Merval, 5.63%. To our north, the TSX Composite advanced 3.39%. The Dow Jones Americas gained 0.94%; the Global Dow, 2.69%; the MSCI World, 1.38%; and the MSCI Emerging Markets, 0.40%.1,9

 

COMMODITIES MARKETS

April brought some relief to beleaguered commodity investors. The energy sector was red hot in particular. Oil jumped 20.68%, settling at $45.99 on the NYMEX on April 29. Unleaded gas futures advanced 13.27%; natural gas futures, 9.02%; and heating oil futures, 17.38%.10

 

As for metals, gold rose 4.89% to close April at $1,294.90 on the COMEX, and silver ended the trading month at $17.89 thanks to a 15.71% surge. Copper prices improved 4.17%; platinum prices, 10.34%.10

 

Coffee was the only notable loser among crops, falling 5.56%. Other key crops posted gains across the board: cotton rose 9.12%; sugar, 6.45%; cocoa, 7.99%; wheat, 1.48%; soybeans, 12.12%; corn, 10.98%. How did the U.S. Dollar Index do in April? It logged an 0.61% gain, settling at 95.21 on April 29.10,11

 

REAL ESTATE
As temperatures warmed up, the residential real estate market heated up, as well. Existing home sales reversed some of their February decline in March when the National Association of Realtors announced a 5.1% rise in the pace of homebuying. The median sale price was at $222,700 in March, representing a 5.7% annualized improvement. NAR’s pending home sales index showed a 1.4% gain for March, which precisely matched its year-over-year advance. The yearly overall gain in the 20-city S&P/Case-Shiller home price index declined 0.3% to 5.4% in the February edition.3,12

 

Housing indicators at the Census Bureau were resoundingly negative. New home sales fell off 1.5% for March. Groundbreaking declined by 8.8%.3,12

 

Although they plunged in the middle of the month, mortgage interest rates rose as April ended. Freddie Mac’s April 28 Primary Mortgage Market Survey calculated the following averages: 30-year FRM, 3.66%; 15-year FRM, 2.89%; 5/1-year ARM, 2.86%. These were still all lower than the average interest rates reported by Freddie Mac on March 31: 30-year FRM, 3.71%; 15-year FRM, 2.98%; 5/1-year ARM, 2.90%.13

 

LOOKING BACK…LOOKING FORWARD
April ended with the Dow settling at 17,773.64, the Nasdaq at 4,775.36, and the S&P 500 at 2,065.30. As for the small caps and the so-called “fear index,” the Russell 2000 wrapped up the month at 1,130.84, the CBOE VIX at 15.70. For the month, the DJIA rose 0.50%; the S&P, 0.27%; the RUT, 1.51%; the VIX, 12.54%; the NASDAQ slipped 1.94%. Looking across the broad canvas of U.S. indices, the PHLX Gold/Silver index had another amazing month, rising 33.58% to reach 104.97% YTD. The Nasdaq Computer index brought up the rear, falling 6.26% in April.1

 

% CHANGE Y-T-D 1-YR CHG 5-YR AVG 10-YR AVG
DJIA +2.00 -1.45 +7.75 +5.64
NASDAQ -4.63 -4.94 +13.24 +10.56
S&P 500 +1.05 -1.97 +10.29 +5.76
REAL YIELD 4/29 RATE 1 YR AGO 5 YRS AGO 10 YRS AGO
10 YR TIPS 0.12% 0.14% 0.75% 2.39%

 
Sources: wsj.com, bigcharts.com, treasury.gov – 4/29/161,14,15,16

Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not include dividends. 10-year TIPS real yield = projected return at maturity given expected inflation.

 

At the end of April, the Q1 earnings season looked better than some analysts predicted. While some of the tech giants disappointed their shareholders during the month, only 15% of S&P 500 firms reporting missed earnings expectations (the historical norm is 24%). Additionally, 73% of S&P 500 firms reporting results surpassed earnings forecasts (66% is the historical average). Investors thinking of “selling in May and going away” might want to reconsider, given the recent climb of commodities, the rebound in manufacturing and the continued strength of the labor market. June could be a more tumultuous month than May: the United Kingdom will vote on whether or not to remain in the European Union, and the Fed could make a rate move. While Wall Street’s solid rally back from February lows has subsided, bearish sentiment has not yet cowed the bulls. Last May, stocks hit record highs; with some luck, they may approach them again.17

 

UPCOMING ECONOMIC RELEASES: Across May, the major U.S. economic news will appear on this timetable: the April ADP employment change report, ISM’s April service sector PMI and March factory orders (5/4), April’s Challenger job-cut report (5/5), the Labor Department’s April employment report (5/6), March wholesale inventories (5/10), April retail sales, the April PPI, April business inventories and the initial May University of Michigan consumer sentiment index (5/13), April housing starts and building permits, April industrial output and the April CPI (5/17), the minutes from the April Federal Reserve policy meeting (5/18), April existing home sales (5/20), April new home sales (5/24), April durable goods orders and April pending home sales (5/26), the University of Michigan’s final May consumer sentiment index and the BEA’s second estimate of Q1 growth (5/27), and then to wrap up May, a new consumer confidence index from the Conference Board, the March S&P/Case-Shiller home price index, and the April consumer spending report from the Commerce Department (5/31).

 

 

Please feel free to forward this article to family, friends or colleagues.
If you would like us to add them to our distribution list, please reply with their address.
We will contact them first and request their permission to add them to our list.

 

 
Securities offered through Lion Street Financial, LLC. (LSF), Member FINRA & SIPC. Investment Advisory Services offered through Physician Investment Advisors, LLC. Physician Advisors and Physician Investment Advisors are not affiliated with LSF.

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. MarketingPro, Inc. is not affiliated with any broker or brokerage firm that may be providing this information to you. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is not a solicitation or recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The CBOE Volatility Index® (VIX®) is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. The Europe Dow measures the European equity markets by tracking 30 leading blue-chip companies in the region. The DAX 30 is a Blue Chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. The CAC-40 Index is a narrow-based, modified capitalization-weighted index of 40 companies listed on the Paris Bourse. The STOXX Europe 600 Index is derived from the STOXX Europe Total Market Index (TMI) and is a subset of the STOXX Global 1800 Index. The FTSE MIB (Milano Italia Borsa) is the benchmark stock market index for the Borsa Italiana, the Italian national stock exchange. The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain’s principal stock exchange. The RTS Index (abbreviated: RTSI, Russian: Индекс РТС) is a free-float capitalization-weighted index of 50 Russian stocks traded on the Moscow Exchange. The ISEQ Overall Index is a capitalization-weighted index of all official list equities in the Irish Stock Exchange, excluding U.K.-registered companies. Karachi Stock Exchange 100 Index (KSE-100 Index) is a stock index acting as a benchmark to compare prices on the Karachi Stock Exchange (KSE) over a period. The Hang Seng Index is a freefloat-adjusted market capitalization-weighted stock market index that is the main indicator of the overall market performance in Hong Kong. The BSE SENSEX (Bombay Stock Exchange Sensitive Index), also-called the BSE 30 (BOMBAY STOCK EXCHANGE) or simply the SENSEX, is a free-float market capitalization-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange (BSE). The Asia Dow measures the Asia equity markets by tracking 30 leading blue-chip companies in the region. The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor’s. The SSE Composite Index is an index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange. Nikkei 225 (Ticker: ^N225) is a stock market index for the Tokyo Stock Exchange (TSE). The Nikkei average is the most watched index of Asian stocks. The Korea Composite Stock Price Index or KOSPI is the major stock market index of South Korea, representing all common stocks traded on the Korea Exchange. The Mexican IPC index (Indice de Precios y Cotizaciones) is a major stock market index which tracks the performance of leading companies listed on the Mexican Stock Exchange. The Bovespa Index is a gross total return index weighted by traded volume & is comprised of the most liquid stocks traded on the Sao Paulo Stock Exchange. The MERVAL Index (MERcado de VALores, literally Stock Exchange) is the most important index of the Buenos Aires Stock Exchange. The S&P/TSX Composite Index is an index of the stock (equity) prices of the largest companies on the Toronto Stock Exchange (TSX) as measured by market capitalization. The Dow Jones Americas Index measures the Latin American equity markets by tracking 30 leading blue-chip companies in the region. The Global Dow is a 150-stock index of corporations from around the world created by Dow Jones & Company. The MSCI World Index is a free-float weighted equity index that includes developed world markets, and does not include emerging markets. The MSCI Emerging Markets Index is a float-adjusted market capitalization index consisting of indices in more than 25 emerging economies. The US Dollar Index measures the performance of the U.S. dollar against a basket of six currencies. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Past performance is no guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional.

Citations.

1 – wsj.com/mdc/public/page/2_3023-monthly_gblstkidx.html [4/29/16]

2 – forbes.com/sites/samanthasharf/2016/04/01/jobs-report-215000-jobs-added-in-march-unemployment-rate-higher-at-5 [4/1/16]

3 – tradingeconomics.com/united-states/calendar [4/30/16]

4 – investing.com/economic-calendar/ [4/30/16]

5 – instituteforsupplymanagement.org/ISMReport/NonMfgROB.cfm? [4/5/16]

6 – seekingalpha.com/article/3968857-wall-street-breakfast-boj-roils-markets-expanding-stimulus [4/28/16]

7 – blogs.barrons.com/asiastocks/2016/04/28/the-dollar-index-falls-to-8-month-low-pboc-raises-yuan-fix-most-since-2005/ [4/28/16]

8 – seekingalpha.com/article/3969447-wall-street-breakfast-china-pulls-big-yuan-move [4/29/16]

9 – msci.com/end-of-day-data-search [4/29/16]

10 – money.cnn.com/data/commodities/ [4/30/16]

11 – marketwatch.com/investing/index/dxy/historical [4/29/16]

12 – investors.com/news/economy/existing-home-sales-rise-in-march-as-tight-supply-lifts-prices/ [4/20/16]

13 – freddiemac.com/pmms/archive.html?year=2016l [4/28/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F29%2F15&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F29%2F15&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F29%2F15&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F29%2F11&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F29%2F11&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F29%2F11&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F28%2F06&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F28%2F06&x=0&y=0 [4/29/16]

14 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F28%2F06&x=0&y=0 [4/29/16]        

15 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [4/29/16]

16 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [4/29/16]

17 – usatoday.com/story/money/columnist/krantz/2016/04/28/ask-matt-earnings-season-bad-seems/83602994/ [4/28/16]

 

 

 

 


taxes

Weekly Economic Report for May 2, 2016

Nick Schneider Presents:

 

WEEKLY ECONOMIC UPDATE

WEEKLY QUOTE

 

“He who lives little, changes little.”

                                                                                                                                

– Anatole France

      

   

WEEKLY TIP

 

Starting your career? Beware of spending money to maintain an image. If you are tempted to “fake it ‘til you make it,” you may soon be awash in consumer debt.

  

   

WEEKLY RIDDLE

 

It cannot see and it feels no pain, despite matter constantly going through its eye. What is it?

 

 

Last week’s riddle:

Sandra is running in a half-marathon and she passes the second person in the race. What position is she in?

   

Last week’s answer:

Second place.

 

 

 

May 2, 2016

INCOME OUTDISTANCES SPENDING

Personal income rose 0.4% in March, yet the Commerce Department reported personal spending up just 0.1%. That mild uptick contributed to a poor first quarter for GDP; last week, the Bureau of Economic Analysis estimated Q1 growth at 0.5%.1

CONSUMER OPTIMISM declineS

The Conference Board’s consumer confidence index dipped 1.9 points in April to 94.2. Also descending was the University of Michigan’s consumer sentiment index, which ended April at 89.0 after concluding March at 91.0.1,2

 

A ROUNDUP OF HOUSING NEWS

New home sales fell 1.5% in March according to the Census Bureau, after a 0.4% retreat in February. The (just-released) February S&P/Case-Shiller home price index shows a 5.4% overall rise in home values across 12 months, down from 5.7% in the January edition. Lastly, the National Association of Realtors reported a 1.4% March gain in its pending home sales index.1

 

MAJOR INDICES RETREAT

The Nasdaq was the benchmark that stumbled hardest last week on Wall Street, falling 2.67% to settle at 4,775.36 Friday. April ended with the S&P 500 at 2,065.30 and the Dow at 17,773.64; the S&P lost 1.26% for the week; the Dow, 1.28%.3

 

THIS WEEK: Monday, April’s ISM manufacturing PMI appears plus earnings from AmeriGas, Anadarko Petroleum, Del Taco, Denny’s, Ferrari, Fossil, Loews Corp., and Sysco. Tuesday earnings include results from Archer Daniels Midland, Avis Budget, Boise Cascade, CBS, Clorox, Cummins, CVS Health, Duke Energy, Estee Lauder, Etsy, GrubHub, Hyatt, Macerich, Molson Coors, Papa John’s, Pfizer, Pitney Bowes, Smart & Final, Sprint, Starwood Hotels & Resorts, Valero Energy, Vulcan Materials, and Western Union. On Wednesday, the Street looks at the April ISM services PMI, ADP’s April job-change report and earnings from Allstate, Chubb, Fitbit, GoDaddy, Green Dot, Humana, iHeart Media, Marathon Oil, Mosaic, Noble Energy, Priceline, Prudential Financial, Sempra Energy, Sunoco, Tesla, Tesoro, Time Warner, Transocean, TripAdvisor, Whole Foods, and Zynga. Thursday, an initial claims report and a new Challenger job-cut report appear, plus earnings announcements from Acadia Pharmaceuticals, Activision Blizzard, Alibaba, El Pollo Loco, Fluor, GoPro, Icahn Enterprises, Jamba, Kellogg, Kemper, Kraft Heinz, Merck, MGM Resorts, Motorola Solutions, Nvidia, Occidental Petroleum, Shell Midstream Partners, Wingstop, and Yelp. The Labor Department’s April jobs report arrives Friday, plus earnings from Allergan, Cigna, Exelon, Revlon, and Weyerhaeuser.

 

% CHANGE Y-T-D 1-YR CHG 5-YR AVG 10-YR AVG
DJIA +2.00 -1.45 +7.75 +5.64
NASDAQ -4.63 -4.94 +13.24 +10.56
S&P 500 +1.05 -1.97 +10.29 +5.76
REAL YIELD 4/29 RATE 1 YR AGO 5 YRS AGO 10 YRS AGO
10 YR TIPS 0.12% 0.14% 0.75% 2.39%

 
Sources: wsj.com, bigcharts.com, treasury.gov – 4/29/164,5,6,7

Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not include dividends. 10-year TIPS real yield = projected return at maturity given expected inflation.

 

 

Please feel free to forward this article to family, friends or colleagues.
If you would like us to add them to our distribution list, please reply with their address.
We will contact them first and request their permission to add them to our list.

 

 
Securities offered through Lion Street Financial, LLC. (LSF), Member FINRA & SIPC. Investment Advisory Services offered through Physician Investment Advisors, LLC. Physician Advisors and Physician Investment Advisors are not affiliated with LSF.

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Past performance is no guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional.

Citations.

1 – tradingeconomics.com/united-states/calendar [4/29/16]

2 – foxbusiness.com/markets/2016/04/29/consumer-sentiment-slips-in-april.html [4/29/16]

3 – markets.on.nytimes.com/research/markets/usmarkets/usmarkets.asp [4/29/16]

4 – markets.wsj.com/us [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F29%2F15&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F29%2F15&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F29%2F15&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F29%2F11&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F29%2F11&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F29%2F11&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F28%2F06&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F28%2F06&x=0&y=0 [4/29/16]

5 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F28%2F06&x=0&y=0 [4/29/16]         

6 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [4/29/16]

7 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [4/29/16]

 

 

 


doctors life podcast

The Doctor’s Life Podcast Episode 024- Changing Your Signed Contract

Changing your signed contract is tough to approach. But what if you’ve signed a contract and have a desire to take a year or two off for fellowship or research?

Justin Nabity is in The Doctor’s Life Podcast studios to give you a rundown on looking in to changing your signed contract. All episodes of The Doctor’s Life Podcast are available here, iTunes, Android, and on SoundCloud. Make sure to subscribe and you will be the first to get new episodes of The Doctor’s Life Podcast. Continue reading…


taxes

Volatility Is Not Risk

Volatility Is Not Risk

The two should not be confused.

 Provided by Amber Nabity Stitt

What is risk? To the conservative investor, risk is a negative. To the opportunistic investor, risk is a factor to tolerate and accept.

Whatever the perception of risk, it should not be confused with volatility. That confusion occurs much too frequently.

Volatility can be considered a measurement of risk, but it is not risk itself. Many investors and academics measure investment risk in terms of beta; that is, in terms of an investment’s ups and downs in relation to a market sector or the entirety of the market.

If you want to measure volatility from a very wide angle, you can examine standard deviation for the S&P 500. The total return of this broad benchmark averaged 10.1% during 1926-2015, and there was a standard deviation of 20.1 from that average total return during those 90 market years.1

What does that mean? It means that if you add or subtract 20.1 from 10.1, you get the range of total return that could be expected from the S&P two-thirds of the time during the period from 1926-2015. That is quite a variance, indicating that investors should be ready for anything when investing in equities. During 1926-2015, there was a 67% chance that the S&P could return anywhere from a 30.2% yearly gain to a 10.1% yearly loss. (Again, this is total return with dividends included.)1

Just recently, there were years in which the S&P’s total return fell outside of that wide range. In 2013, the index’s total return was +32.39%. In 2008, its total return was -37.00%.2

When statisticians measure the volatility of major indices like the S&P 500, Nasdaq Composite, or Dow Jones Industrial Average, they are measuring market risk. Trying to measure investment risk is another matter.

You can argue that investment risk is not measureable. How can investors measure the probability of a loss when they invest? Even after they sell an investment, can they go back and calculate what their risk was at the time they bought it? They only know if they made money or not. Profit or loss says nothing about risk exposure.

Most experienced investors do not fear volatility. Instead, they fear loss. They think of “risk” as their potential for unrecoverable loss.

In reality, most apparent “losses” may be recoverable given enough time. True unrecoverable losses occur in one of two ways. One, an investor sells the investment for less than what he or she paid for it. Two, some kind of irrevocable change happens, either to the investment itself or to the sector to which the investment belongs. For example, a company goes totally out of business and leaves investors with worthless securities. Or, an innovation transforms an industry so profoundly that it renders what was once a leading-edge company an afterthought.

Accepting risk means accepting the possibilities of equity investing. The range of possibilities for investment performance and market performance is vast. History has shown that to be true, history being all we have to look at. It fails to tell us anything about the negative (or positive) disruptions that could come out of nowhere to upend our assumptions. A “black swan” (terrorism, a virus, an environmental crisis, a quick evaporation of investor confidence) is always a possibility. Next year, the performance of this or that sector or the small caps or blue chips could be spectacular. It could also be dismal. It could certainly fall in between those extremes. There is no way to calculate it or estimate it in advance. For the equities investor, the future is always a flashing question mark, regardless of what history tells or pundits predict.

Diversification helps investors cope with volatility & risk. Spreading assets across various investment classes may reduce a portfolio’s concentration in a hot sector, but it also lessens the possibility of a portfolio being overweighted in a cold one.

Volatility is a statistical expression of market risk, constantly measured. Volatility, however, should not be confused with risk itself.

Amber Nabity Stitt may be reached at Amber@physicianadvisorsllc.com.

PhysicianAdvisorsLLC.com

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Securities offered through Lion Street Financial, LLC. (LSF), Member FINRA & SIPC. Investment Advisory Services offered through Physician Investment Advisors, LLC. Physician Advisors and Physician Investment Advisors are not affiliated with LSF.

Citations.

1 – fc.standardandpoors.com/sites/client/generic/axa/axa4/Article.vm?topic=5991&siteContent=8088 [3/31/16]

2 – ycharts.com/indicators/sandp_500_total_return_annual [3/31/16]


Weekly Economic Update for April 25, 2016

WEEKLY ECONOMIC UPDATE

WEEKLY QUOTE

 

“The wisest mind has something yet to learn.”

– George Santayana

 

 WEEKLY TIP

If your parent has cognitive issues that make bill paying difficult, ask them if they might want to consider arranging automatic payments, or having their mail delivered to your address or a P.O. Box, so that you may review their bills and statements.

WEEKLY RIDDLE

Sandra is running in a half-marathon and she passes the second person in the race. What position is she in?

Last week’s riddle:

It may contain a thousand wheels, yet it never moves despite spending all day in the sun. What is it?

Last week’s answer:

A parking lot.

 

 

 

April 25, 2016

HOME SALES REBOUND

Bouncing back from a drop of 7.3% in February, existing home sales improved 5.1% last month. In its March report, the National Association of Realtors announced a median sale price of $222,700, 5.7% higher than a year ago.1,2

BUILDERS BREAK GROUND ON FEWER PROJECTS

While home sales increased last month, the pace of both housing starts and building permits declined. Census Bureau data shows an 8.8% reduction in groundbreaking for March. Building permits were down 7.7% for the month.1,2

OIL PRICES RISE FOR A THIRD STRAIGHt WEEK

WTI crude settled at $43.73 on the NYMEX Friday. Expectations of declining production helped oil gain 4.8% in five trading days. Gasoline futures were also up 4.8% on the week.3

DOW CLOSES ABOVE 18,000

For the week, the DJIA rose 0.59% to a Friday settlement of 18,003.75. The S&P 500 advanced 0.52% in five days to close at 2,091.58 as the trading week ended. The Nasdaq retreated 0.65% for the week to 4,906.23.4

THIS WEEK: March new home sales figures appear Monday, plus earnings from Express Scripts, Halliburton, and Xerox. Tuesday features the Conference Board’s April consumer confidence index, February’s Case-Shiller home price index, and earnings from 3M, Aflac, Akamai, Apple, AT&T, Capital One, Chipotle, Coach, Corning, eBay, Eli Lilly, Freeport-McMoRan, HealthSouth, Hershey, Ingersoll-Rand, JetBlue, Office Depot, Panera, Procter & Gamble, Public Storage, T-Mobile, Twitter, U.S. Steel, Whirlpool, and Wynn Resorts. Wednesday, a new Federal Reserve policy statement and NAR’s March pending home sales index complement earnings from Ameriprise, Anthem, Blackrock, Boeing, Cheesecake Factory, Comcast, Facebook, Dr. Pepper Snapple, Garmin, GlaxoSmithKline, Goodyear, Hilton, Lear, Marriott, O’Reilly, PayPal, and Texas Instruments. The BEA’s first estimate of Q1 GDP arrives Thursday, plus initial claims and earnings from Aetna, Altria, Amazon, Amgen, Baidu, Beazer, Bristol-Myers Squibb, Coca-Cola, Colgate-Palmolive, ConocoPhillips, Dow Chemical, Dunkin’ Brands, Domino’s, Expedia, Ford Motor Co., LinkedIn, MasterCard, Pandora, Raytheon, Time Warner Cable, UPS, Waste Management, and Western Digital. Friday sees the release of the University of Michigan’s final April consumer sentiment index, March personal spending figures, and earnings from AMC, Chevron, ExxonMobil, Philipps 66, Praxair, and Royal Caribbean Cruises.

 

% CHANGE Y-T-D 1-YR CHG 5-YR AVG 10-YR AVG
DJIA +3.32 -0.19 +8.79 +5.87
NASDAQ -2.02 -2.56 +14.79 +10.77
S&P 500 +2.33 -0.78 +11.28 +5.95
REAL YIELD 4/22 RATE 1 YR AGO 5 YRS AGO 10 YRS AGO
10 YR TIPS 0.25% 0.12% 0.83% 2.39%

Sources: wsj.com, bigcharts.com, treasury.gov – 4/22/165,6,7,8

Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not include dividends. 10-year TIPS real yield = projected return at maturity given expected inflation.

 

 

Please feel free to forward this article to family, friends or colleagues.
If you would like us to add them to our distribution list, please reply with their address.
We will contact them first and request their permission to add them to our list.

 

Securities offered through Lion Street Financial, LLC. (LSF), Member FINRA & SIPC. Investment Advisory Services offered through Physician Investment Advisors, LLC. Physician Advisors and Physician Investment Advisors are not affiliated with LSF.

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Past performance is no guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional.

 

Citations.

1 – investors.com/news/economy/existing-home-sales-rise-in-march-as-tight-supply-lifts-prices/ [4/20/16]

2 – investing.com/economic-calendar/ [4/22/16]

3 – marketwatch.com/story/oil-rises-on-weaker-greenback-signs-of-slowing-production-2016-04-22 [4/22/16]

4 – markets.on.nytimes.com/research/markets/usmarkets/usmarkets.asp [4/22/16]

5 – markets.wsj.com/us [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F22%2F15&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F22%2F15&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F22%2F15&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F21%2F11&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F21%2F11&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F21%2F11&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F20%2F06&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F20%2F06&x=0&y=0 [4/22/16]

6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F20%2F06&x=0&y=0 [4/22/16]            

7 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [4/22/16]

8 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [4/22/16]


doctors life podcast

The Doctor’s Life Podcast Episode 023- Buy or Rent?

Should you buy or rent? The age old question new doctors, residents, fellows, and even some medical school students ask themselves. It makes sense that this questions comes up since you’re seeing friends and family members buying a home while you’re still in training, but it could possibly be a huge long-term mistake if you don’t take everything in to account. There’s also that part about how much to put down and how much your payments should be.

Nick Schneider is in The Doctor’s Life Podcast studios to give you the lowdown on if you should buy or rent. All episodes of The Doctor’s Life Podcast are available here, iTunes, Android, and on SoundCloud. Make sure to subscribe and you will be the first to get new episodes of The Doctor’s Life Podcast.