Wall Street Deals [DEAL GONE]: H&R Block 2016 Deluxe + State for $18.99

H&R Block 2016 Deluxe + State is now only $18.99 on Amazon. This is the software that I use for my taxes. Sales on...

Welcome!

Hi! I am the Wall Street Physician. In a previous life, I worked on Wall Street as a trader at an investment bank. Now...

Bitcoin Rises To Another Record, Horrifying Economists And Financial Bloggers Everywhere

New York, NY -- Bitcoin rose to another record close today on strong demand from speculators and "investors" alike. The cryptocurrency, founded in 2009, has...

Highlights From The Wall Street Physician’s 1st Year

The Wall Street Physician blog recently turned one year old. Thank you so much for making the blog's first year a success. I know that...

Are We On The Verge Of A Generation Of Hyper-Risky Investors?

I recently posted about a friend whose wife had no tolerance for equity risk based on her negative prior experience watching her parents lose...

Don’t Compare Your Investment Returns With Others (Especially On The Internet)

Investors are competitive people. When I was a Wall Street trader, work was all about the P&L (profit & loss). Higher P&L meant higher bonuses...

Readers, Take The Quiz: Real Chart or Fake Chart?

I wrote a guest post on White Coat Investor arguing that technical analysis is simply creating patterns from random stock movements. I used to...

Tax-Adjusted Asset Allocation: Is It Necessary?

Asset allocation is one of the most important principles in investing. Investors need to strike the appropriate balance between stocks, bonds, and other asset...

Don’t Order A Test If It Won’t Change Your Management

Doctors order a lot of tests. Let's be clear, most of these tests are quite good and help with diagnosis and management. They can help...

Planning For An (Uncertain) Financial Future

The tricky part about retirement planning is uncertainty. Uncertainty in retirement planning comes from three major sources. 1. Current and Future Income Doctors are fortunate in that...