Rutland, Vermont Physicians and the Limits of Time

By Financial Advisor Carrie McDonnell

1. How should a physician invest money?

In public market investing, a physician or doctor in Rutland, Vermont should invest using the same products and principles as others: low-fee index funds, low-fee advisors, appropriate asset allocation, and techniques to avoid behavioral error.

2. What is a general difficulty physicians have in investing?

Whether you are at Rutland Medical Center or independent, as a physician you face a demanding schedule. You’re often working at all hours of the day and night. You only have so much time and energy.

You do not have the ability to check every last detail. You need someone to help you that you trust is working in your interest.

3. As a physician in Rutland, Vermont, what should I do to solve this problem?

It is important to hire a fee-only fiduciary, who works only for you, on all accounts. Someone who is not paid commissions on the back end.

In addition, fees should be posted clearly. For example, here is the One Day In July fees page.

Carrie McDonnell is a local advisor based in Rochester, Vermont. She is available for financial advisory meetings in Rutland, VT. Fill out the form below or click here to contact her to schedule a meeting.