The handwriting on your prescription isn’t the only thing about the typical doctor that’s hard to understand.

Do you qualify as a  “super mobile” physician? If you use both a smartphone and tablet computer in your practice, and have plied the devices to scope out new drugs and to conduct clinical research, you’re a high achieving technology adopter. According to a survey by QuantiaMD, an online physician community, one in four physicians qualify as such “super mobile” physicians, while about 83% of doctors own at least one mobile device.

As authors of 4 books for physicians, including our latest, For Doctors Only: A Guide to Working Less & Building More, we have consulted with thousands of doctors of all specialties during the last decade. From this experience, we have become intimately familiar with the mistakes physicians make when working with their CPAs, attorneys, and other financial advisors. Whether it is in the area of tax, asset protection, retirement planning, or other areas, the result is almost always the same.  We leave the meetings or conference calls asking ourselves, "How could this doctor get such [poor, uncreative, or just plain wrong] advice?" It would be laughable if it weren't so troubling.

Both inflation and deflation are serious potential risks to your investment portfolio.  Nonetheless, few physicians adequately understand these risks and properly hedge against them.  For a variety of reasons, 2011 may see these risks become even more pronounced.  For this reason, we have decided to write this short article to provide some education on this topic.  We also always encourage readers to contact us.