Personal Finance: Planning Your Future: How to Save, Invest, and Grow Your Assets

TIME: 1HRS

Personal Finance: Planning Your Future

How to Save, Invest, and Grow Your Assets

This course reviews what you need to know to manage your personal finances and invest for the future. It describes the major investment vehicles, such as stocks, bonds, mutual funds, and ETFs, and the pros and cons of each. You will also learn about the elements that comprise an appropriate portfolio for your assets and how to decide which components are best to help you achieve your goals. This course will cover:

Why you need financial planning—the basics
The right way to save and accumulate money
Stocks, mutual funds, and other investment choices
Taking care of your loved ones
Retirement, the ultimate goal
How to choose a financial professional

6 CHAPTERS

Why You Need Financial Planning: The Basics

Financial planning begins with goals and knowledge. What are the best practices for investments, and what mistakes should you avoid?

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The Right Way to Save and Accumulate Money

There are many effective ways to make your savings grow. It's wise to review your progress and watch out for danger signs.

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Your Investments and the Stock Market

How can you have a well-constructed portfolio and attain long-term growth? Here's some advice and warnings for those starting out in the financial markets.

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Stocks, Mutual Funds, and Other Investment Choices

This chapter describes the major types of investment vehicles that make up a well-diversified portfolio, the pros and cons of each, and the roles they play in helping your money grow for retirement.

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Taking Care of Your Loved Ones

When planning your financial investments and future goals, getting onto the same page with your spouse or partner is key. Here's what you need to know.

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Retirement: The Ultimate Goal

This chapter covers how to project how much money you'll need for retirement, and what you need to know in choosing a financial adviser who is right for you.

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This content will become available after you have completed the prior chapters.

AUTHORS

Karen Altfest, PhD, CFP®

Principal Advisor and Executive Vice President, Altfest Personal Wealth Management, New York, New York

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PHYSICIAN BUSINESS ACADEMY

Medscape Physician Business Academy is designed to help all physicians, employed and self-employed as well as new and more established practicing physicians, become successful in their medical practice and career by providing the essential business information that most medical schools and residency programs don't teach.

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COURSE BENEFITS

BY COMPLETING 8 COURSES YOU WILL RECEIVE A CERTIFICATE OF COMPLETION. AFTER COMPLETING EACH COURSE, YOU’LL RECEIVE A LETTER OF COMPLETION.

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PHYSICIAN BUSINESS ACADEMY CERTIFICATE

Medscape Physicians Business Academy course content is provided for educational and information purposes only. If you have particular questions or concerns relating to your practice you should consult the appropriate legal, financial or other expert.

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