Today, iMedExchange is launching a groundbreaking set of financial resources to benefit US physicians. iMedExchange's Financial Resource Center has been developed in response to our members' specific requests to share proprietary research, provide access to respected financial experts and to support the collaboration of physicians around financial matters. Money management is always important for physicians, but it's importance has been significantly heightened since world financial matters have been in crisis.
An important part of iMedExchange's physician-focused Financial Resource Center is the launch of the Financial Crisis Speaker Series. The Series kicks off at 7pm EST on Tuesday November 4 with a keynote presentation by Michael Ryan, the head of research for UBS. In addition to UBS, the series will feature nationally renowned financial experts from Abernathy Group, Sinnot Wealth Management, Biotech Monthly, speciality fund managers, research departments of global banks and more.
Each speaker will participate in a live conference call and respond to questions from physicians. The calls will be recorded and posted on the iMedExchange Financial Resource Center for members to review at any time.
In addition to the weekly speaker series, very insightful content, much of it written specifically for iMedExchange members, will be added to the site from the Company's growing list of financial partners. In addition to research from our partners, iMedExchange is also launching a new daily publication, Vital Signs, which will summarize the important financial news story with analysis specially for our physician members.
Vital Signs and the Speaker Series, and the additional resources we will be adding on a weekly basis, will be available only to US physicians who are members of the growing iMedExchange community. iMedExchange is a FREE online place for physicians to connect with one other, great content and now experts. If you are a US physician and not yet a member, please go to www.imedexchange.com to fill out a simple application and join the fastest growing community of physicians in the country.
If you are a financial expert or media and want to talk more about this effort, please feel free to reach me at: info@imedexchange.com.
Comments (2)
Experts? Aren't they the ones who did not keep their fingers on the button??
I think readers can listen, but take it all with a healthy grain of low salt salt....
The bottom line is keep a good bit of your assets under your mattress...Fed rate is down to 1%. Next week they will pay you take out a loan. Isn't that what they did with the banks??
If you are a gambler buy low and sell high (the same day)..
Better yet, get a well paying job for a service people need, without having to have much overhead, no malpractice liabilities.
People want healthcare but aren't willing to pay for it.....Tell that to your A/C man, see if he will take insurance...Go to the grocery store....see if they have prepaid insurance plan...
The rules have changed, at least here in California.
You can read more at my blog http://anyviewfromhere.blogspot.com
My advice is:
Sell or give away your big home, and downsize
Sell your SUVs (rent one when you need it)
Buy a small efficient car. not necessarily a hybrid..
Buy staples, rice, beans, high nutritional value foods, store water, downsize your electrical needs....shut off the parasitic chargers, warning lights, etc.
Diversify your financial income vehicle
Don't depend on one cash flow. Stop working five or six days a week and cut back to three, spend the other two getting trained to do something else...don't spend a lot of money getting an M.B.A. in the hope you can become a 'manager'. Lower managers and even higher ones are the first to go when there is no money to run the business..
Spend a lot of time with your family. Find something to do from home....recycle for your neighbors.
Do volunteer work...Get down and see how most people live....
Wake up, and smell the flowers.
There I bet you inherently know all of this so believe in yourself..... Good luck.
Posted by Gary L | November 1, 2008 11:17 AM
Gary ~
while I agree the advice of any "expert" should be filtered to the extent that one is equipped to do so...iMedExchange has selected the experts for its series based on several criteria:
1) They anticipated the financial mess in the markets and in virtually all cases have made money for their clients over the past 36 months...and continue to do so.
2) They understand how to make money in Bear markets (indeed Depressions)....and socking assets under the mattress is not one of them. In fact, this is a sure fire way to lose money given the pending hyper-inflation.
Testament to the contrarian viewpoint of many of these folks is the fact that they were labeled wing-nuts by many of their peers for predicting the financial melt-down.
Keep an eye out for some of the folks being introduced this week and next...I think in the end you'll agree.
Posted by Tobin Arthur | November 2, 2008 6:35 PM