My Solo Practitioner Spouse Died Unexpectedly (Today’s guest post comes from the wife of a solo practitioner whose unexpected death came at a relatively young age. Her story reminds us how unpredictable life is and the importance of planning ahead. She prefers to tell her story anonymously.) I missed a phone call one day while … Read more
Last week I explained some of the rules and tax smart tips you need for hiring your children to work with you in your business. As I discussed on page 32 of my book The Doctors Guide to Real Estate Investing for Busy Professionals, you should be hiring your children to work in a business … Read more
(Time is running out to pre-order The Doctors Guide to Navigating a Financial Crisis, which comes out next Tuesday.) I have had several people ask me what must be done to hire their children and set them up with a Roth IRA from the money they earn. This question arose from page 32 of my … Read more
My new book, The Doctors Guide to Navigating a Financial Crisis, is almost here! Pre-order now and be one of the first to receive this needed book. If you have been hit financially by this pandemic, this is the book for you. “This is the definitive guide for any professional facing a financial emergency. Take … Read more
(If you are currently in the midst of a financial crisis, you will want to get a copy of my next book, The Doctors Guide to Navigating a Financial Crisis, coming June 16th. Pre-order the book here.) Many physicians have lost their joy in practicing medicine. Many factors work together to create joy in your … Read more
Many things can cause a personal financial crisis. Job loss, death of a bread winner, divorce, cancer, stroke, or the recent shutdown due to the pandemic to name a few. When facing a financial crisis, it is important to act quickly. If you follow the news in every natural disaster, the responding agency is always … Read more
(Keep an eye out for my new book The Doctors Guide to Navigating a Financial Crisis, coming soon) Last Monday my talk on The Leverage and Growth Virtual Summit for Physicians was made available. My discussion is on how I got started in real estate investing, which now produces enough cash flow to fund my … Read more
(Special note: If you have been hit by the current shutdown, my newest book, The Doctors Guide to Navigating a Financial Crisis, will help you find your way back to financial health. Watch for it to come out in mid-May) I have read many articles discussing how the first big drop in the market would … Read more
Whenever the stock market drops, even a tiny bit, everyone goes crazy. The news headlines always state a reason for the drop, whether their reason was the culprit or not. They imply one specific thing that happened in the world is responsible for the downturn. “Crisis on Wall Street as Lehman Totters,” “Worry about oil … Read more
The pandemic our world is experiencing will result in some modifications to life as we know it. After living through a bad event, we tend to come out the other side with new knowledge that will bring about some needed changes to better our world. Yes, death is bad and the loss of one’s job … Read more
