The Dentist Money Show | Financial Planning & Wealth Management

You’ve seen the headlines: “Bull Market!” Or, “A Bear is lurking!” What do these two terms really mean for your investments? It’s time for another round of listener questions on this episode of Dentist Money™. Are we in a Bull market? How do you know it’s a Bear market? Reese and Ryan help define these overused terms, and show how a long- or short-term investment attitude really shapes the definition. And since they’re defining terms, they also discuss net worth, how it’s measured, and where you might expect yours to be at different points in your career. Finally, Reese and Ryan have a few thoughts on HSA strategies—and how that medical savings opportunity can fit into your retirement planning.

Learn how to maximize profit for each patient who comes through your door. In this episode of Dentist Money™ Reese interviews Dr. Rich Madow, co-founder of The Madow Center for Dental Practice Success, host of TBSE (The Best Seminar Ever), successful author, highly-entertaining speaker, and award-winning composer. Reese and Rich offer practical solutions to many of the issues you face as a practice owner, from how to increase profits to how to ensure your team works well together. We promise a good time—and some great insight into what it takes to run a successful practice.

What do sharks, snakes, surfing, and mosquitoes have in common? In this episode of Dentist Money™ you’ll find out as Reese and Ryan talk about scary things that make you worry at the expense of other things you should be more concerned about. Of course the focus is on investing and how your fears might affect your future, but there’s nothing like a great analogy to get a good discussion rolling. Take a closer look at your financial fears, you may be obsessing about the wrong thing.

What’s the relationship between patient volume and practice growth? In this episode of Dentist Money™ Reese interviews Dr. Bruce Baird, practicing dentist and Founder and President of the Productive Dentist Academy. If you think being more productive means increasing your speed and adding more patients, you need to hear Dr. Baird’s practical advice. He’s helped thousands of dentists improve their productivity—and they’ve done it while working fewer hours. Listen as Reese gets Dr. Baird to share his recipe for increasing collections without working yourself into the ground.

Are you struggling with the same financial challenges as other dentists? Reese recently posted a survey in a popular online dental forum asking dentists what they were most concerned about when it came to their finances. In this episode of Dentist Money™ Reese and Ryan share the results of the poll and shed light on the two most popular responses. Take a second to think about the source of your financial stress, and then listen to see if you’re in good company. The results might surprise you.

In this episode of Dentist Money™ Reese interviews Dr. Chris Salierno, chief editor of Dental Economics magazine and international lecturer. You’ll hear why the days of passive practice ownership are over. You’ll also learn about resources that can help you think more strategically and improve your business model. Plus, Reese and Chris have fun covering a few typical dentist issues in a fast paced lightning round.

Does it make sense for you to invest like big pension fund managers? The answer may surprise you. In this episode of Dentist Money™ Reese and Ryan take a close look at how investments for large endowments are managed. You’ll hear about the mix of assets in these portfolios, and you’ll learn how “alternative” investments have played into their strategies. Most importantly, you’ll discover if it makes sense for you to follow suit with your own investments.

Are you creating a network of experts to help you build a successful practice? According to the Dental Amigos, Robert Montgomery and Dr. Paul Goodman, “Dentistry can be a lonely profession without good friends.” In this fast-paced episode of Dentist Money™, Reese, Robert, and Paul cover everything from servicing student debt to DSO’s to startup vs acquisition. And you’ll want to hear The Dental Amigos explain why networking is so critical to today’s successful practice. Plus, Reese pulls out a Dentist Money™ favorite—the Lightning Round.

Reese and Ryan knock out another round of questions on this Q&A episode of Dentist Money™. Hear their advice on what to look for in companies that provide after-tax investment services. And, in the always a “hot topic” category, you’ll hear them discuss the trade offs between paying down debt versus building liquidity. Plus, there’s a new wrinkle in this episode as Reese and Ryan pull quotes from a social media discussion on the same topic—so you’ll hear how other dentists view the debt and liquidity conversation.

Are you getting through to your staff? Learn communication skills that deliver rapid results. Katherine Eitel Belt is CEO of LionSpeak, a communications coaching company, and she is Reese’s guest on this episode of the Dentist Money™ Show. An international keynote speaker, author and coach, Katherine is known for her non-traditional approach to leadership and team building. Listen as she shares her unique viewpoint — one that can help you become a better leader and get you on the same page with your staff and patients. More importantly, you’ll find out how Katherine’s suggestions can help you put your business on a solid growth path.