Physician's Personal Advisory

Pick Up an Extra $5,000 a Year- Risk Free | Physician's Personal Advisory features W. Ben Utley, CFP®

"It makes no sense to sit on unneeded savings while carrying and paying interest on a variety of obligations such as mortgages, auto loans and... credit cards." W. Ben Utley, CFP® advises busy physicians to use excess savings to pay down debt in this article by Louis Pilla. The interest saved could easily exceed $5,000 per year.

Diversify with REIT's | Physician's Personal Advisory features W. Ben Utley, CFP®

With investors running for cover in the third year of a bear market, columnist Louis Pilla explores why doctors are beginning to look at real estate, including Real Estate Investment Trusts or REIT's. W. Ben Utley, CFP® advises physicians, "If you really want to buy real estate [to diversify away from the stock market], it makes more sense to invest in a rental property with professional property management." After all, REIT's are stocks, too.

What the Bear Market Teaches Us | Physician's Personal Advisory features W. Ben Utley, CFP®

Columnist Louis Pilla explains how an active manager has to outsmart not just one or two people, but everyone in the market.  Active management won't protect doctors  from downturns [in the market], say W. Ben Utley, CFP®., "the risk of having the manager mess up is greater than market risk."

Should you pay for financial planning advice by the hour? | Physician's Personal Advisory features W. Ben Utley, CFP®

Columnist Louis Pilla notes that the financial planning industry hosts several business models, and one is pay-by-the-hour advice. W. Ben Utley, CFP® admonishes physicians to just say no. He says "financial planning is a process, not a product." The hourly billing model forces doctors to manage the planning process themselves, which is a stretch since they're already so busy with their practices.

2003: Advice from the Experts | Physician's Personal Advisory features W. Ben Utley, CFP®

W. Ben Utley, CFP® advises doctors that asset allocation is the most important decision an investor can make. In this feature story by columnist Louis Pilla, Utley says, "a well-planned portfolio is good for all seasons and should help you stay properly invested no matter what surprises 2003 has to offer."