Accredited investor status isn’t just a label—it’s your gateway to exclusive wealth-building opportunities like private equity, venture capital, and real estate syndications. In this article, we explore how to qualify, why private investments can outperform public markets, and how these opportunities fit into a smart financial plan. Learn why achieving this status can transform your portfolio.
Not all financial advisors are the same. The term financial advisor is an umbrella term used by many in the insurance industry. Almost always those using the word advisor only are specifically talking about products. Financial planners may implement products but only after doing a comprehensive review of the whole picture. Life planners take the financial plan a step deeper and try to understand what gives your life meaning rather than just growing your money.
Describing what is generally viewed as bad debt and good debt. From credit cards and consumer loans to financial leverage when investing. We also discuss debts in the grey area such as mortgages and student loans.
If you aren't an avid budget follower, your expenses are more than you think. Our simple test is taking your gross income, subtracting taxes and savings, then what is left over is your lifestyle or expense number. Often we under estimate this number because we think about our monthly expenses, but for get about the once a year expenses such as increased spending during the holidays. Even that thought of annual expenses often under estimate how many one time expenses pop up, this year it was the furnace, next year its the car, etc.
Your financial journey has a lot of milestones and junctures, starting your new medical career is the first of many. With young healthcare professionals, it’s important to understand the best way to handle your new income situation with student loans to pay off, first home purchase, and retirement accounts.