March 13, 2025

Investing Gone Wrong: The Most Common Mistakes We See Dentists Make

40 minutes

At first glance, investing seems simple — put money in, watch it grow. But just like a night at the casino, emotions, overconfidence, and bad bets can wreck your long-term success. Learn the biggest investment mistakes we see dentists make and how to avoid them. Through personal stories of financial missteps, we'll unpack the dangers of both overly complex and overly simplistic strategies. Plus, we'll explain why aligning risk with your comfort level and timeline is key, and share insights on diversification, tax-smart investing, and building a portfolio that works for you.

Key moments:

(04:44) Cashing out your chips and leaving the table too early can cost you

(11:15) S&P 500 historical investment odds prove it's a long game

(15:01) Setting up your portfolio for shorter term goals (less than 10 years)

(22:33) VTSAX and chill? Not so fast

(30:19) The tax impact of your investment decisions

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