Lifestyle

This week, the doctor mulls the many intersections of money, credit, debt, consumerism, the lending industry, stock prices, real-estate values, hedge funds, healthcare and horses. Buckle up.

Nearly 140 S&P 500 companies raised their dividends or introduced new ones this year. Experts now believe some of these cash cows may declare a special dividend soon to sidestep a potential hike in the dividends tax next year. A look at some solid high-yielding stocks.

Numerous studies have shown that a medical resident's clinical performance breaks down after 24 hours on the job, and those who pull all-night shifts are responsible for more than half of medical errors. Now, new guidelines propose shortening residents' work week.

Most Americans believe all doctors are wealthy. Combining this perception with a litigious society -- and a mentality of passing the blame -- and physicians are a prime target for lawsuits. These asset-protection strategies can shield a physician's hard-earned wealth.

Consumers will get new protections under the financial reform bill, but lawmakers stopped short of implementing a number of provisions that could have done more to protect consumers. Here's how the proposed financial reform bill will affect you.

Hey iPad owners, this fun video shows how you can combine the "two greatest inventions of mankind" -- the iPad and Velcro -- to find unique and quirky uses for the device at home, on the road and in the office.

When comparing 401(k) retirement plans for a small practice, physicians should look for these important qualities: low fees, a diverse selection of mutual funds, education tools, and plan monitoring.

What in the world does "macroeconomics" have to do with personal finance? Well, it turns out quite a bit. Many people believe we have no control over the big picture, just our response to it. But by understanding larger forces better, we can increase our control over the bits within our individual grasp.

Fear of chart audits can lead billing departments to undercode -- and that may be costing you revenue. Benchmarking and analytical tools can help identify undercoding in your practice, to ensure you don't leave money on the table.

All the closely watched economic indicators -- retail sales, consumer prices, unemployment rates, and home prices -- are giving off mixed signals. But these under-the-radar indicators are surprisingly accurate at calling the direction of the economy ... and the news is good.

Some studies show the majority of doctors in the U.S. don't have a will. If you do, estate planners urge you to be diligent about changing the terms and updating your IRA beneficiaries when family circumstances change, or your assets may not always be paid out according to your wishes. If you don't, get cracking.

The progressive rock band Rush wrote that "Time Stands Still" -- the harsh reality, however, is that time is a most fleeting commodity. And for physicians, time could be their most important asset. So the question becomes: How do you maximize time? Or perhaps more appropriately, how do you know when you're not maximizing time?

Not being much of a soccer aficionado, I have nevertheless been captivated by the 2010 World Cup. While I hear many Americans bemoan the slow pace of the televised game, the low scores, and the vuvuzelas, I have been struck by lessons these matches have offered up for entrepreneurial physician business owners.

Irrevocable trusts can save physician families millions of dollars in estate taxes. But many avoid them because these trusts can be very inflexible. Now, new "decanting" laws in some states allow modifications to trusts when family circumstances change.