(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in September. Before the price goes up in a few days. I hope to meet many of you in person, or you can stay home and enjoy the conference virtually.) Many people have told me they thought two of my books contradicted … Read more
Often when I speak live or make comments on social media, someone inevitably will conclude that the reason I was able to retire at a younger age than they could was because I was a specialist and made more money than them or that I didn’t experience a bad event that they had experienced. It … Read more
Unfortunately, in recent years physicians have been migrating towards being employees rather than owning their practices. A few decades ago this would have sounded silly. Today’s residents are being advised by their teaching staff that being an employed physician is preferred. What is driving this movement? Are physicians getting lazy? To many teaching staff who … Read more
(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in September. I hope to meet many of you in person, or you can stay home and enjoy the conference virtually.) One of the best decisions I made in life was to join the Navy and have the government pay for my … Read more
(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in September. I hope to meet many of you in person, or you can stay home and enjoy the conference virtually.) It’s no secret that I believe investment real estate is the single best investment anyone can make. The second best is … Read more
Tomorrow many of us will take the day off to celebrate our country’s independence. Thank you to those who report for duty at hospitals around our country making it possible for the majority of physicians to celebrate this special holiday with their families. This year, let’s also celebrate the quest for our own financial independence. … Read more
Retirement means something different to each of us. Some dream of all the fun they will have in retirement as if retirement is what life is all about. They live a life of self-imposed relative poverty to reach retirement quickly. Others spend all they earn as they earn it and don’t believe they will ever … Read more
Happy Father’s Day Week! I was recently reminiscing about my first year as a new grandfather. My wife and I have a lot of fun spending time with our grandson two days a week while his parents are at work. He is a joy to play with and he is learning new things daily. One … Read more
Many people are unhappy with their job. For many of them it shows up as burnout. Others just don’t like what they do and want to do something else. This unhappiness has sparked the recent popularity of side gigs: Something you do other than your main job to make extra money to eventually leave your … Read more
With the latest market dip many questions have been raised regarding 401(k) accounts. These questions make it as clear as a neon sign that people do not understand how their 401(k) works. Here are two recent examples that indicate this lack of understanding: -I’m considering moving my money from my 401k to an annuity due … Read more
