Episode Details

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How can optometrists improve their portfolios beyond basic index funds, without risky trading? Evon Mendrin provides an OD's guide to Factor-Based Investing.

Evon discusses:

• What factors are and their role in investment returns.
• Five criteria to identify reliable investment factors.
• Key factors: Market, Small, Value, Profitability, Investment, and Momentum.
• Why factors exist, explained through risk and behavioral finance.
• Common misconceptions around factor investing.
• Practical tips for implementing factors in your portfolio, including tilting and core-and-satellite approaches.
• Who should and shouldn’t consider factor investing based on goals and risk tolerance.

This episode highlights a disciplined, long-term investment strategy. While it's certainly not guaranteed, it can be an evidence, research-backed approach to improving your portfolio without falling into the trap of active investment trading. 

Resources Mentioned:

• Ep 94: Why Active Investment Management Fails with Andrew Berkin, PhD
• "Your Complete Guide to Factor-Based Investing" by Andrew Berkin and Larry Swedroe
• Movie: DFA's Tune Out The Noise

Questions?
Email Evon at podcast@optometrywealth.com.

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The 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.