Should You Buy a Home or a Dental Practice First
It is typically recommended to delay home ownership until after a practice purchase because the practice generates income, while the home does not. Furthermore, ownership of a person’s primary residency is often more of an emotional transaction (it is a lifestyle decision) as opposed to a financial one. With this in mind, it is often wiser to purchase a practice before purchasing a home...
Small, Mid, and Large Cap Stocks
When you start looking towards the U.S. stock market as a potential place to invest a portion of your portfolio, you will find that a stock is classified as either a small, mid, or large cap stock based on how much the company is worth. Small cap stocks consist of companies worth 2 billion or
Amortization and Negative Amortization
Amortization of loans refers to the spreading of payments over a defined period of time often referred to as the amortization schedule. Upon graduation, dental students enter a standard repayment plan where their graduate student loans are amortized over a 10 year term. Since most graduates have no income on the day they graduate, it is
Accrue or Compound
I was interacting with a senior dental student on Facebook a few days ago and it became apparent that some students may not understand the difference between the capitalization of outstanding interest and compounding interest upon graduation. This particular student is going to graduate with approximately $400,000 in federal graduate student loans (all of which are