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Comments for The Successful Dentist http://successfuldentist.com Essential Business and Financial Information You Need to Be Successful In Dentistry Wed, 25 Apr 2018 02:02:07 +0000 hourly 1 https://wordpress.org/?v=5.5.3 Comment on So you want to buy/sell a practice? 5 things to consider…. by Successful Dentist http://successfuldentist.com/2018/02/14/buying-an-existing-dental-practice-5-things-to-consider/#comment-8 Wed, 25 Apr 2018 02:02:07 +0000 http://successfuldentist.com/?p=137#comment-8 It can be tricky, but it is worth it! It’s worth paying the price up front to be an owner in the long term. I’m planning to do a post soon about why being a dentist/owner is so awesome.

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Comment on Dentist #2 Best Job in America? by Successful Dentist http://successfuldentist.com/2018/02/05/wordpress-resources-at-siteground/#comment-7 Wed, 25 Apr 2018 02:00:48 +0000 #comment-7 It’s tough because of course there is always the “grass is always greener” syndrome that can be a factor. But I agree dentistry is not as sure of a bet as, say, medicine in terms of being successful once you finish. Nevertheless, dentistry can be enjoyable clinically and it also provides you with the opportunity to be a business owner which is one of the things I love most about what I do.

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Comment on Making the most of tax-favored investments can make you (and your kids) rich! by Successful Dentist http://successfuldentist.com/2018/02/08/making-most-of-tax-favored-opportunities/#comment-6 Wed, 25 Apr 2018 01:58:21 +0000 http://successfuldentist.com/?p=86#comment-6 I would recommend using Vanguard whenever possible. If you don’t know about them already it’s worth taking some time to learn about Vanguard and why they are different. Jack Bogle is an icon of the DIY investor world. I would recommend reading up on him as well.

Anyway, if you want to set up a custodial Roth IRA at Vanguard then you first have to have an account yourself. Second, you need to request the paper application for the custodial Roth because that’s one of the few accounts you cannot set up online. Anyway, you fill out the paperwork and send it in and within a short time (normally less than a week or so) the account will appear on your account dashboard and you can take it from there. When you submit the paperwork you can specify the account from which the Roth will be funded. Remember, you can fund up to the amount of earned income the minor had in the year you are contributing for, not to exceed $5,500 per year. Let me know if you have any other questions.

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Comment on Making the most of tax-favored investments can make you (and your kids) rich! by joedmd http://successfuldentist.com/2018/02/08/making-most-of-tax-favored-opportunities/#comment-5 Tue, 24 Apr 2018 18:54:05 +0000 http://successfuldentist.com/?p=86#comment-5 Wow. That is so cool. How do I go about setting up the roth IRA for my kids? Can I do this online?

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Comment on So you want to buy/sell a practice? 5 things to consider…. by Dr Sam http://successfuldentist.com/2018/02/14/buying-an-existing-dental-practice-5-things-to-consider/#comment-3 Thu, 29 Mar 2018 14:16:40 +0000 http://successfuldentist.com/?p=137#comment-3 I think practice transitions can be super stressful and sometimes complicated. Thank you for this post. As a new dentist it’s hard to know the best way to approach a practice buy-in or purchase. A lot of it depends on the seller and whether their personality.

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Comment on Dentist #2 Best Job in America? by D Johnson http://successfuldentist.com/2018/02/05/wordpress-resources-at-siteground/#comment-2 Sat, 24 Mar 2018 16:19:05 +0000 #comment-2 The student debt is really a concern. As a dentist myself, I am not sure whether to recommend this field to those contemplating it or not.

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