How One Monthly Adjustment Will Secure Your Investment Portfolio - A PNC Classic from 2020

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This classic episode features Dr. David Yeh, a Cornell-educated radiologist trained at NYU Medical School with fellowship training at UPenn, who transformed his financial expertise into a successful career as an Investment Advisor Representative after achieving financial independence at age 45—while maintaining the physician's desire to educate rather than simply manage money.

After finding himself buried in credit card debt as an intern despite his elite education, Dr. Yeh shares his compelling journey through financial education and the eventual development of sophisticated investment techniques that required monitoring just once monthly. His approach focuses on risk mitigation rather than aggressive returns, using mathematical filters borrowed from his radiology background to identify market trends and protect investments from major downturns.

John and Dr. Yeh dive into the differences between the three financial industry sectors (banking, brokerage, and insurance), clarify the often-confusing regulatory environment, and discuss practical advice for physicians considering career transitions. Dr. Yeh emphasizes viewing wealth through the lens of time—measuring how many years you could comfortably survive without additional income—and recommends specific financial runway requirements for various career pivot scenarios, from six months for job transitions to five years for building a new business.

You'll find links mentioned in the episode at nonclinicalphysicians.com/secure-your-investment-portfolio/