Here's Journal Club 07-29-22! 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!     It's not uncommon for investors to have a mix of stocks and bonds in their portfolio, especially as the latter is considered “safe money.” However, The White Coat Investor has a different perspective on investing in bonds and talks more about it in the article – Why I Don't Have Bonds in My Portfolio. What’s a good way of knowing your financial progress over the past month, quarter, or year ..read more

In this episode, Peter is with his good friends Leti Alto MD and Kenji Asakura MD of SemiRetiredMD. Also, the founders of an amazing course called Zero To Freedom Through Cash Flowing Rentals.  During this interview, Leti and Kenji will dial in on the current economy, raging inflation, interest rates, and the real estate bubble and how all of this applies to the rental market.  Leti shares that “real estate is where you want to be when there is inflation. It’s real property, you have a mortgage rate lower than inflation, and you're tax efficient.”   Listen to this episode in f ..read more

The Roth or traditional 401(k) decision can be complicated for high-income professionals.Consider these factors to best protect your income. Today’s Classic is republished from Physician On Fire. You can see the original here. Enjoy! When investing in retirement accounts such as a 401(k), or perhaps for you it’s a 403(b), SEP or SIMPLE IRA, or another variety, you will likely be faced with a choice. Do you invest in a traditional, tax-deferred manner or make Roth contributions? Maybe both? Whatever you choose, it’s important that you invest. If you’re employed, there’s a good chance you ..read more

Here's Journal Club 07-22-22! 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!     It's not uncommon for investors to have a mix of stocks and bonds in their portfolio, especially as the latter is considered “safe money.” However, The White Coat Investor has a different perspective on investing in bonds and talks more about it in the article – Why I Don't Have Bonds in My Portfolio. What’s a good way of knowing your financial progress over the past month, quarter, or year ..read more

When you begin on the path of financial freedom, knowledge is your greatest asset. Everyone has a certain “formula” that works for them. The most important thing to remember is that what works for one person might not work for everyone. Most who achieve success spend time gathering knowledge and developing a system that matches their circumstances and lifestyle. Podcasts are an excellent way to gain knowledge and insight along your journey. You can listen to them anywhere.  I asked my partners here at Passive Income MD and our Passive Income Docs Facebook Group (hey–click to join our FB ..read more

In this episode, Peter will give you the 101 version of real estate syndication. A real estate syndication is a group of two or more investors or investment companies coming together for a common goal; to raise capital for purchasing real estate or building a new property. In this episode, Peter will give you the abridged version of everything you need to know about Real Estate Syndication.  The Waitlist for Passive Real Estate Academy (PREA) is now open for our next session. We open up the doors for new members just twice a year. PREA teaches people how to confidently invest in real e ..read more

Here's Journal Club 06-24-22! 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!     As doctors, Time is our most valuable resource. Needless to say, we’d love to spend more time on people and things that matter to us if we didn't have to worry about wealth accumulation. So, what would you wish to accomplish with your financial independence? The Physician on FIRE shares one such inspiring story in the article – I Took a 90% Pay Cut and I Couldn’t Be Happier.  A dual phys ..read more

Right now, it seems there are many reasons to view the financial markets under the lens of doom and gloom. Whether it's the headlines about soaring inflation and rising interest rates, high gas prices, or nervousness around foreign workers within the global economy, it's understandable that many people feel pessimistic about their investment portfolios. Here are three key factors to consider as you diversify your portfolio. 1) Optimize For Cash Flow One way I try to put this into practice is through optimizing my portfolio for cash flow generation. Whenever we see stock markets going down, ma ..read more

Financially successful doctors generally take one of three pathways to success. Which is the right fit for you to build wealth? Today’s Classic is republished from White Coat Investor. You can see the original here. Enjoy!   There are many roads to Dublin. There are many pathways to reaching your financial goals and becoming wealthy. However, financially successful doctors generally take one of three pathways to success. I'm going to discuss them from the easiest and most frequently used to the most difficult and least frequently used. Before we get into them, however, you need to realiz ..read more

Here's Journal Club 06-17-22! 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!     What comes to mind when you think of financial independence? Perhaps early retirement? Well, did you know there are plenty of other ways to enjoy financial independence besides early retirement? The White Coat Investor highlights the top reasons why many of us don’t choose to retire early and also shares different ways to leverage financial freedom in the article – 8 Things to Do with Financial ..read more