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Time in the Market: More Important than Timing the MarketDespite watching the market rise, the bigger issue with transitioning your portfolio to cash is that, when trying to time the markets, you must be right twice.
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Supporting Patients Who Choose Dental Tourism Can Help with Patient RetentionDental tourism is growing daily and savvy dental providers need to be prepared to handle these patients that cannot afford to be treated in their offices.
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5 Tips for Building a Winning Practice TeamA dental practice is only as good as the team that operates it, and putting together that team might be one of the most challenging parts of the business of dentistry. Miriam T. Furlong, D.M.D., is the chief clinician of Jackson Orthodontics in Jackson, New Jersey. Here are her five keys to putting together the team that makes her practice great.
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Metabolite Target May Help Prevent Fractures in DiabeticsFor type 2 diabetics, an increased risk of bone fracture comes with the territory of managing their illness. Researchers from NYU College of Dentistry have discovered a potential solution to preventing these fractures. Continue below to find out more information about the metabolite outlined in a new study.
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Five Questions to Ask About Your Financial POAJust as you should update your wills and trusts to reflect new circumstances, you should make sure your financial POA is current, too.
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Top 10 Passive Income Ideas for DentistsPersonal finance can be a challenge for many dentists. Passive Income MD knows a thing or two about accumulating wealth, and his tips for physicians can help you, too. Continue below for some passive income inspiration.
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The Endowment Effect: The Role of Loss-Aversion and Ownership in Making Financial Decisions"If it's mine, it's worth more; if it's yours; it's worth less." This is called the Endowment Effect - irrational thinking that plays a part in our daily decisions.
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Optimize Dentist's Chairside TimeIf a practice is not profitable, a revaluation of quality chairside time will help bolster a routine in a rut.
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Your Travel Dollar Considerations When Booking TripAdvisor RentalsBooking travel accommodations online may seem like an effortless process, however, if things go array, the situation is different.
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6 Money Mistakes that Cost Dentists ThousandsDentists are known for their high income, but what many lack the know-how to manage their money. Michael Abernathy, owner and founder of Summit Practice Solutions, knows a thing or two about avoiding financial disaster. Continue below for the six big mistakes Abernathy sees the most from his clients.
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Pros and Cons Of Owning the New Market Sector: Real EstateThere are different ways to invest in real estate, each carrying different inherent levels of risk, liquidity and transparency.
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Dental Hygiene A Driver for Practice GrowthWant to add new patients to your practice? The key could be hidden in reactivating old patients with a more robust hygiene program.
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4 Reasons Why Invisalign® is a Game-Changer in Orthodontic TreatmentInvisalign® is the new braces alternative making waves in dental practices across the nation. Here's everything you need to know about it to make an informed decision about using it.
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Everything You Need to Know About Red WineRed wines are bold and bright, making them a great addition to a lunch outing or dinner out at a restaurant. But the type of red wine you buy accentuates different flavors in your meals, so it's important to pair wine with your meal accordingly. Continue below for an informal education on some crowd-favorite crimsons.
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The Car-Buying Game Has ChangedIf you haven't bought a car in a while, you may need to brush up on your buying skills before you head out.
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Avoiding Malpractice: Forensic Dentist Advises on Maintaining StandardsWhat a forensic dentist and expert witness looks for to determine whether there has been a lapse in the standard of care when malpractice cases make it to court.
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Why You Need a Coach (Even If You Don't Think You Do)Many people are averse to the idea of hiring a coach to help their practice run more efficiently. A dentist and dental coach explains why that aversion is counterproductive.
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How I Took Advantage of a Mega Backdoor Roth IRA Without a High IncomeThe Mega Backdoor Roth IRA is an investment strategy that allows you to contribute up to 36k per year to your existing Roth IRA in addition to your other retirement savings. The best part is there are no income restrictions. Continue below to learn about Future Proof MD's experience with the investment.
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7 Tips to Boost the Sale Value of Your PracticeFor dentists nearing the end of their careers, the sale of their practice likely factors heavily into their retirement plans. But a few simple things may end up costing them thousands of dollars in their practice's resale value. Follow these seven steps to make sure that when it's time to sell, you're getting a fair price for the dental practice you've worked so hard to build.
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Increasing the Value of Your Dental Group When Looking to Buy or SellIn today's volatile healthcare market, smaller dental groups are looking to be acquired, while larger ones may want to expand their reach by making an acquisition. Best practices for both include increasing risk management practices and enlisting a competent insurance broker to help maximize the practice's value.
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Florida Dental Convention 2017: 'Come for the CE and Stay for the Fun'The 2017 Florida Dental Convention (FDC), conducted by the Florida Dental Association, will be held from June 22-24, 2017 in Kissimmee, Florida. Get Connected: Team to Technology is this year's meeting theme. Bert Hughes, D.M.D., the FDC General Chairman, says attendees should come for the CE and stay for the fun. The gathering will include 7,500 dental pros, more than 100 CE courses and lectures, and 350 dental product and service exhibitors. The resort city of Orlando is nearby offering a quality assortment of dining and entertainment possibilities.
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Obamacare Insurers Sweeten Plans With Free Doctor, Dentist VisitsIn a bid to lure more people onto health insurance plans, some insurers are now providing free doctor visits, including, in some cases, dental check-ups.
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Yes, Borrowing from Your 401(k) is an OptionFinancial advisors typically discourage their clients from taking out a loan on their 401(k) plans. Eric Meermann of Palisades Hudson Group explains under what circumstances this option is actually a good idea. Continue below for more information on borrowing from your 401(k).
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Help Elders Avoid Financial Fraud and AbuseSenior citizens with diminished physical or mental capacity are especially susceptible to financial fraud and abuse. You can be proactive and prevent theses from occurring by taking a few precautions. Furthermore, there are warning signs to watch out for to keep your loved ones safe.
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Marketing Your Practice: 3 Lessons You Can Learn From #EpicFails"If you're going to fail, fail big," some say. But it's even better if you can avoid the misstep and learn from others' epic failures. Here are three major mis-steps to learn from.
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Hurricane Giving: Get The Most Bang For Your Charitable BuckLook for charities that are efficient, effective and innovative. Use tax-smart strategy and stay clear of crowdfunding scams.
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3 Ways to Stay Safe from Phishing attacksPhishing is one of the most common forms of hacking attacks, and it works too well in healthcare. Make sure you're keeping your patient's information, and your own information, safe.
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Tech Tuesday: Photoacoustic Imaging May Replace the ProbeTechnology is quickly transforming dentistry. From digital record-keeping to machines that seem straight out of a SciFi feature, the 21st century has gifted the medical industry some amazing devices. Dentists are especially proactive about adopting new technology in their practices, so DMD is bringing you a weekly spotlight on some of the best products on the market. Continue below to read about this week's focus, photoacoustic imaging.
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Injury Or Sickness, Lifetime Benefits Or To Age 65?An issue being seen with greater regularity in disability claims of dentists is whether a disabling condition is appropriately classified as a sickness or an injury. The issue is of tremendous import, since many private insurance policies held by dentists differentiate on the maximum benefit period between a disability caused by sickness and one caused by injury.
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Finding Inspiration: Treat Your Practice More Like a HobbyWhile it’s impossible to eliminate all tension from any job, no one should be dealing with extreme stress on a daily basis. Dentistry is consistently ranked as one of the best jobs in the country, yet during the last 10 years, there has been tremendous upheaval in the profession. If you're one of the 29 percent of dentists struggling with high levels of stress, read the following tips to change your outlook and make your job more enjoyable.
