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To realize your dreams, there can be situations in life where you need to go “all in" with 100% commitment. But in finances, you may need to hedge your bets and aim to become a Diversified Doctor™.

MEDSKL is a leading e-learning platform that provides free access to medical education resources for both students and new doctors. It has around 200 peer-reviewed lesson modules covering different aspects of medical education. And to help medical students and new doctors learn good financial habits and equip them for financial success, MEDSKL partners with RBC Healthcare to create the personal finance channel Financeology.

In its first module of Financeology, “The Penniless Doctor Syndrome,” Dr. Sanjay Sharma highlights some financial habits that may lead to a lifetime of financial pressure.

In this second module, “The Diversified Doctor,” Dr. Sanjay Sharma moves on to investing and explains how one may balance risk and rewards by diversifying their investments with the goal of becoming financially independent. He also touches on an easy-to-implement framework to help learners map out their investment plans and shares his BLOG Model™, which he uses to grow his nest egg and achieve financial independence.

Here’s a sneak peek of the module “The Diversified Doctor”:

The full module is available on the MEDSKL website.

A final note from Dr. Sharman: “Don’t just take my recommendations. It’s always best to seek a financial specialist to get personalized advice.”

Want to learn more about investing? Talk to one of our dedicated RBC Healthcare Specialists and see how they can help.

All expressions of opinion reflect the judgment of Dr. Sanjay Sharma as of the date of publication and not Royal Bank of Canada. The strategies, advice and technical content in this presentation are provided only for general guidance and are not intended to provide specific financial, investment, tax, legal, accounting or other advice, and should not be relied upon in that regard. You should consult your own professional advisor when planning to implement a strategy to ensure that individual circumstances have been considered properly and it is based on the latest available information.