Financial Services

Physician Advising Quote #301

Physician Advising Quote #301

“The vast majority of my portfolio is invested in traditional low-cost, broadly-diversified index mutual funds and their exchange traded fund (ETF) equivalents.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #300

Physician Advising Quote #300

“If the name of your mutual fund does not have one or more of the following words in it: Vanguard, DFA, TSP, Index you probably shouldn’t buy it. That doesn’t mean that any fund with one of these words in it is a good fund, nor that every fund without one of these words is a bad fund, but it’s a pretty darn good first screen.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #299

Physician Advising Quote #299

“Investment Selection. You should use one low-cost total stock market index mutual fund and one low-cost total bond market index mutual fund.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #298

Physician Advising Quote #298

“You should invest only in vehicles that are passive and that have the lowest possible fees.” - William Bernstein, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #297

Physician Advising Quote #297

“Costs matter and they matter a lot: If two investors make the same 8% per year before expenses on a lump sum investment and the first is paying 2% per year in investment expenses and the second is paying 0.1% per year, then after thirty years the second investor will have 70% more money than the first.” – Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #296

Physician Advising Quote #296

“Costs matter, and over the long run, they matter a lot. The main reason index funds outperform actively managed mutual funds is that they have dramatically lower costs.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #291

Physician Advising Quote #291

“Returns come and go but expenses are forever.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #286

Physician Advising Quote #286

“ERs have fallen since the article was written. That’s one problem with getting months ahead on articles and that pesky Vanguard company constantly lowering their costs.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #285

Physician Advising Quote #285

"Vanguard is my go-to for most investors. Because Vanguard shareholders own it, the company has no incentive to gouge them with excessive fees and hidden expenses." - William Bernstein, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #284

Physician Advising Quote #284

“The best mutual funds are sold as ‘no-load funds through such companies as Vanguard, DFA, Bridgeway, Fidelity, and T.Rowe Price.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #281

Physician Advising Quote #281

“Mutual funds give you broad diversification, pooled costs, daily liquidity, and professional management all for a very low cost.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #268

Physician Advising Quote #268

“Do-it-yourselfers also generally have an inherent bias against any financial advisors. They have concluded that, at least for them, the price outweighs the value and that attitude is likely to shine through in their recommendations.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #267

Physician Advising Quote #267

“It doesn’t take very much knowledge to put a portfolio together or rebalance it. You could learn everything you need to know in 8 hours in an online course.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #266

Physician Advising Quote #266

“Realize that just because you are a do-it-yourselfer, doesn’t mean you need to be a rabid DIY-er. You can always get financial advice a la carte.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #259

Physician Advising Quote #259

“Most physicians wouldn’t go searching for a doctor for their family and accept the designation of DC, but for some reason they are just fine with a financial adviser who has the designation RIA (registered investment adviser.) Never mind that the chiropractor spent years learning his craft and the RIA may have spent less than a week.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #258

Physician Advising Quote #258

“You’ll be comforted to know that I’ve never found an advisor that met all of the criteria I tell people to look for…So while I recommend a CFA or a CFP, and while I recommend some gray hair, you might not be able to get both of those and everything else I tell them to look for.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #257

Physician Advising Quote #257

“The financial advisor credentials are a sea of alphabet soup. There are really only three designations that deserve any significant respect: CFA; CFP; and ChFC.” - Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #256

Physician Advising Quote #256

“The ethical bar for financial advisers is so low, most of them wouldn’t trip over it by stealing from their own grandmother.” – Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #255

Physician Advising Quote #255

"You are engaged in a life-and-death struggle with the financial services industry. ... If you act on the assumption that every broker, insurance salesman ... and financial advisor you encounter is a hardened criminal, you will do just fine." - William Bernstein, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.

Physician Advising Quote #254

Physician Advising Quote #254

“Most finance people don’t choose their field for the same reasons as kindergarten teachers, social workers, and nurses. When they apply to school (if they went to school at all) they most definitely do not put in their essay that they ‘just really want to help people.’ They are in it for the money, and as a general rule, their training is in sales, not finance.” – Jim Dahle, M.D.



Joe Matelich founded Physician Advising to bring physician-specific financial advice to his wife's colleagues at a fair price. Loan analysis (free), D.I.Y. picture-book (free), account aggregation (trial), & comprehensive post-residency or residency advice.


General observations only. Does not constitute tax, legal, or investment advice.  Full disclaimer.