For the last several years, inflation has taken its toll on our wallets. But what if I told you there is a way to profit from inflation? Inflation has dipped in months—lowering from its June 2022 peak—but its price-gouging effects will stay with us for the long haul. Even with the surge fading, investors are […]
Imagine standing at the base of a mountain, peering up at the towering peak. That’s what the journey of investment feels like at the outset. Daunting, isn’t it? However, as a physician, you’ve faced greater challenges and emerged victorious. Now, it’s time to tackle another one: finding the capital to begin your real estate investment […]
An early career physician has a lot going on and doesn’t need to get everything just right, but there are a few financial priorities that should be recognized. Editor’s Note: Physician On Fire is the guest post this week on PIMD. They are a real estate investing platform that gives investors access to multifamily, office, […]
If you’ve turned on the news or opened social media in the past few months, you’ve probably heard the word inflation. Repeatedly. Rising inflation rates have a lot of people worried about their money and their futures. Should you be worried about how inflation will affect real estate investments? Let’s cover the inflation basic first. […]
Here’s Journal Club 3/12/21! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! For many people, the idea of being “obsessed” with something is usually a negative thing. But according to this article from […]
Earning a high income creates what I call The Big Dilemma, caused by lifestyle inflation. This has befuddled high income earners for years. Today’s Classic is republished from The Physician Philosopher. You can see the original here. Enjoy! Every year, I give a talk to my residents entitled “Investing 101.” They likely expect to sit […]
Owning rental properties is an excellent tool for building wealth, passive income, and ultimately achieving financial freedom (if that’s your goal). Of course, as much as I love it, it’s not without its risks. One of the major risks comes from liability. As doctors and high income professionals, we’re well aware of lawsuits and the […]
I probably don’t have to tell you about the dangers of debt. Unfortunately, it has a way of getting out of control. This is especially true of credit card debt: the bane of financial health everywhere. Beyond the exorbitant amount of student loan debt most physicians carry, credit cards are often used as a way […]
When it comes to investing and life, most people will tell you that all debt is bad. It makes sense; so many of us have felt the burden and stress that comes along with debt. However, as I’ve previously discussed, not all debt is created equal. I believe that debt can be used as a […]
Here’s Journal Club 7-3-20! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! The White Coat Investor discussed why doing the math on debt load is so important, and how debt-numb many physicians can […]
