FINANCIAL CERTAINTY FOR DENTISTS IN UNCERTAIN TIMES

 

During this time of financial turbulence, many dentists are wondering “What should I do now?” My portfolio has suffered huge losses over the past 18 months, are things going to get worse? Should I park my portfolio in cash for now and wait for things to recover? Should I stick it out and hope that my current investments recover?” Building and managing wealth is not only about growing wealth in good times but it’s also about protecting your wealth in turbulent times like right now.

 

In this highly informative session, you will find out how Nicola Wealth Management has protected their clients – their average client portfolio was down only 7% in 2008. During this time, most of the major stock market indices around the world were down 40% or greater and many investors have seen their portfolios suffer similar losses.

 

Objectives: 

  • How to protect your portfolio from further losses
  • Cash flow investing – get paid to wait for the recovery, whenever it comes
  • Where to go from here, if your investment portfolio has suffered large losses in the past 18 months, how do you deal with the fear of crystallizing these losses if you change advisor. Is there any hidden benefit to doing this?
  • Tax efficiency – why many dentists are overpaying tax and how to change this going forward.
  • How working to a comprehensive integrated effective financial plan will help you create real wealth going forward.


Dentists regularly design and implement treatment plans for their patients. But yet many dentists do not have any treatment plans (of a financial nature) for themselves. Planning in all areas of our lives makes sense; your wealth is no different.  Nicola Wealth Management is very proud of its close relationship with the BC Dental Community with 30% of Nicola Wealth Management’s clients being dentists.