Four Common Investment Mistakes Optometrists Should Avoid

Questions? Thoughts? Send a Text to The Optometry Money Podcast! We'll answer your question on the show.Episode 146 – Four Common Investment Mistakes Optometrists Should AvoidAs an optometrist and practice owner, you’ve got enough on your plate running a household, practice, and career - but what about your investments?In this episode of the Optometry Money Podcast, Evon Mendrin, CFP®, CSLP®, walks through the four most common investment mistakes he sees optometrists make when they come to his firm - mistakes that can quietly cost you over your career.You’ll learn:Why a “junk drawer” portfolio is not a strategy (and how to create a clear investment approach).The difference between owning more funds and actually being diversified.How complexity for complexity’s sake often adds cost and confusion without adding value.Why simplicity can lead to better outcomes, even for high net worth ODsWhy asset location - putting the right investments in the right accounts - can save you significantly in taxes over time.These aren’t one-off missteps - they’re patterns Evon sees over and over with ODs nationwide, and by avoiding them, you can create a portfolio that’s simpler, more efficient, and better aligned with your financial goals.Resources and Links:Free PDF Guide: Key Issues to Review in Your InvestmentsSchedule a no-pressure introductory call with EvonOther Episodes Mentioned:The Optometry Money Podcast Ep 61: Should You Invest in International Stocks?The Optometry Money Podcast Ep 134: The Case for Index Funds – Why Optometrists Should Embrace Passive InvestingThe Optometry Money Podcast Ep 135: Beyond Indexing – An Optometrist’s Guide to Factor-Based InvestingThe Optometry Money Podcast Ep 140: What Most Investors Get Wrong About Dividend InvestingThe Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.