The idea that physicians aren’t great with finances likely comes from the fact that, as medical professionals, we have little time to devote to other ventures. We may also have little experience in finances, which leads us to hesitate at the thought of stepping out in a certain investment or business opportunity.
The fact is that we do have the necessary traits to be successful.
But maybe, as a doctor, you don’t believe you have what it takes to be a successful business owner or investor. If that’s the case, stick with me.
PIMD End of Year Community Survey
Passive Income MD wants to know who YOU are, so we can better serve you and give you the best resources and opportunities to achieve financial freedom and create a life you love. This is also a way for YOU to get to know and better understand this amazing community that we all form together.
Take 5-10 minutes to fill out the survey here and you will be entered in a raffle for a $50 Amazon gift card and a chance to spend a virtual Happy Hour with Peter Kim in 2022!
Now, let’s look at what we discussed in this episode:
- Traits that you probably didn’t even realize you had
- One major component of profitable investing
- Bonus commonality between doctors and good entrepreneurs/investors
- Most difficult decision in investing
Here’s a breakdown of how this episode unfolds…
Doctors, as a matter of course, we are already equipped for big-picture thinking.
Really like medicine, the financial and investment landscape is always changing. I think that the main theory behind a lot of investing that you read online, maybe like “set it and forget it,” but in reality maintaining a good portfolio takes research and awareness of what else is going on out there, being able to hear and learn from other people and really kind of integrate that into your portfolio.
Subscribe & Review in iTunes
Hey there – are you subscribed to my podcast? If you aren’t, please show your support of the show by doing so now. I don’t want you to miss a beat, so if you’re not subscribed, there’s a good chance you’ll miss out on those. Click here to subscribe to iTunes!
If you’re one of our super special listeners, I would be really appreciative if you also left me a review over on iTunes. Those reviews help other people find my podcast. Why not spread the insight to help other physicians and professionals on their passive income journey? Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know why you enjoy the show so much. Thank you!
OTHER WAYS TO ENJOY THIS POST:
Download on iTunes
Join the Passive Income Docs Facebook Group