The Physician's Guide to Investing - Robert M. Doroghazi

In The Physician's Guide to Investing: A Practical Approach to Building Wealth, a successful physician/investor and a professor of finance join forces to present an easy-to-read, commonsense guide to investing tailored to the needs of medical students and physicians of all ages and disciplines. Giving simple, practical advice on how health professionals can manage and invest their money, the book covers all general aspects of investing and financial planning, with the ultimate long-term goal of attaining financial security. Physicians will quickly discover what is a reasonable rate of return on an investment, when the return on an investment should immediately cause alarm, and how to recognize when a real opportunity does arise. They will also find profitable suggestions about paying off their mortgage early, the power of thrift, when to buy and when to sell an asset, and whether to invest in stocks, bonds, real estate, collectibles, or art. In addition, the author offers sound advice on setting financial goals, drawing up appropriate documents, saving for retirement and a child's education, purchasing insurance, and minimizing fees. Dr. Doroghazi's advice is based on many years of personal financial management and investing , which have allowed him to pay his own way through college and medical school, own his own home and a vacation condominium free of debt, fund his children's education, and have accumulated sufficient assets to retire at an early age.

From the reviews:

"You've really done a first-class job of telling your fellow doctors what to do in their financial life. In fact, your book should be required reading at med schools... I just wanted to let you know that you have done a real service for your fellow physicians." --- Warren E. Buffet, in a letter to Robert Doroghazi, MD

"I strongly recommend it to anyone interested in preserving and growing a dollar bill." --- The American Journal of Cardiology

From the Consulting Editor's Preface...

"...Bob has delivered a book that every physician interested in building wealth and protecting assets should read." -Dan W. French, PhD

"...we written and should provide the medical professional with a good general roadmap toward investing and financial security." -Veterinary Pathology

"Dr Doroghazi is a credentialed clinician . and a gifted writer addressing a crucial issue on the finances of physicians. . The bulleted summaries at the end of each chapter that emphasize the 'teaching points' are an especially appealing aspect of the book. . Recommended Readership: Internists, general practitioners, and all other physicians." (Edward T. Creagan, Mayo Clinic Proceedings, Vol. 81 (5), May, 2006)