As physicians, we’ve studied all sorts of life cycles throughout our education – from plants to animals to the complex life cycle of humans, from embryology through maturation. Well, many investments that you might be involved in also have life cycles. It’s important to have a good grasp of them in order to really understand […]
My financial mindset, as it has been for the last 4-5 years, is to take active income and create as much passive income as possible. What that has meant, for the most part, is that I’ve been focused on converting my daily income as an anesthesiologist into more passive-type investments that will provide cash flow […]
Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for the week, enjoy! Mustard Seed Money is starting a series of FIRE case studies for his readers. See what advice […]
This Today’s Classic post is republished from Physician on Fire. The original post can be found here. Physician on Fire has just been an awesome resource for anyone interested in investing their finances wisely. This is one of my favorite posts of his and is one I’ll read again and again for sure. In fact, I recommend you […]
[Editor’s Note: I am not asset protection, legal, financial, or tax expert. I can only tell you the things I’ve learned when researching whether an LLC is the appropriate structure for holding my own rental properties. Please consult a professional being making any decisions in this arena.] Should you form an LLC and put your rental […]
This Today’s Classic post is republished from the White Coat Investor. The original post can be found here. Took me a while to find out that the Roth designation applies to more than an IRA. Took me even longer to find out about the Backdoor Roth. This a great summary of how to use all the different type of Roths […]
I talk about real estate investing quite a bit on this site, but I realized I’ve never done a fly-over-view of the different ways to invest in real estate. So here it is. “Invest in Real Estate.” I’m sure many of you have heard this tried-and-true advice. Maybe you even know someone who does just […]
Today’s guest post comes from Ryan Inman of Physician Wealth Services and FinancialResidency.com. He is a financial advisor and a real estate investor, so I thought he’d be perfect to give his perspective on this subject. Take it away, Ryan. Many of my physician clients ask me about investing in real estate. They are either ready to buy their […]
Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for the week, enjoy! To kick off the new year, a bunch of bloggers have been sharing their resolutions, goals, and […]
One question I get asked quite a bit is, “What would you do if you had $___ to invest.” That number varies widely, but $25,000 is a number that is mentioned quite often, so I decided to go with that for this post. Unfortunately, that’s a hard question to answer because there are so many […]
