Top investment recommendations for doctors

Top professional indemnity policy recommendations for medical professionals? Dr Good Money is a Niche Division under a Boutique Financial Planning Firm Good Moneying Financial solutions, being run by Mr. Manikaran Singal, a Certified Financial Planner and a SEBI Registered Investment Adviser. Though Good Moneying has been serving clients across the globe since 2012, Dr. Good Money is recently announced specific division by Manikaran, who has 17+ years of experience in the Financial Services Space.

Its not only Investments but every aspect of your Personal Finances be looked upon like Taxes, Insurance, Life Goals, Estate Planning, Loans etc. Don’t Worry. We will help you Organize in your Money Matters and Manage the Financials Responsibly for you. We Serve Doctors at all Life stages. The Major benefits is the Peace of Mind and the feeling of Wellness that now your finances are being taken care of Responsibly for your benefit. You will enjoy the process and be always sure that the right quantum of money be available with you as and when required.

This is the Optional step where we execute the plan and put you on medications (Read Investments). If we need to involve other professionals here like CA, Lawyers, Insurance experts etc. we may do under your permission. Since the results depend on lot many uncontrollable factors so we do the monitoring, half yearly and annual review of the Investments and Financial Plan, to ensure we remain on Track always.

Frankly, at first, I was a bit reluctant to engage a fee based financial planner. After all, when everything is available online for Free, why to pay for the advice. But later, I realized that there is a lot of information (unrequired) available around, which confuses rather than convince you. So, it’s wise to have a professional financial planner by your side. I was following Manikaran’s blog (www.goodmoneying.com) for quite some time. I liked his thought process and decided to try his services. To my surprise I found out that his first aim was to make his clients gain financial education, and in that he was very patient as well as sincere. His ultimate objective is to make things understandable and clear to the client, he believes in simplicity and makes sure that complications stay away from you. His help in goal setting, mapping investing surplus to different goals, knowing me and my family’s risk profile, knowing when to disagree and why…has made my financial life quite simple and growth-oriented. Rather than googling and confusing myself with the different reviews and articles, I get Filtered information, which is more important for me. Now I know where to go for all my financial doubts. Discover even more info on professional indemnity policy for doctors.

What Investment Products will you advice on? Will you be selling me some ULIPs? Our advisory will mainly be on Asset Classes. Then, from products level we prefer doing Mutual funds. Insurance we would always advice to keep separate from Investments so will advice on the low cost options there too. We would also advice on the traditional Investments like PPF , SCSS and post office savings. Bank deposits also gets considered in some case. It all depends on your requirements, Risk profile, taxation profile etc.

Doctors in general start earning in the late 20s. Unlike other professions such as engineering, or CAs, doctors start earning late. Acquiring doctor’s degree is the result of years of hard work in academics, many years of training and spending huge sum of money. MBBS, post graduation, specialization etc. all this takes quite a time of their youth, and initial money-compounding years. This is not all, in this ever changing scenario they need to stay relevant and updated by attending conferences, participating and reading the researchers and all these further demands their time and money. See even more details at https://drgoodmoney.com/.