Podcast #208 Show Notes: Annuities and Cash Secured Puts in Low Yield Times In light of current interest rates and bond yields, should you change your investment strategy? People are wanting to do lots of different things to chase higher yields and most of them are bad ideas. We discuss a couple in this episode: cash secured puts and annuities. ...

[Editor’s Note: Today’s guest post is a follow-up on 7 Steps for a Successful Medical Practice Startup and COVID-19 Takeaways from a New Medical Practice submitted by Juli and Dr. William Albright, owners of Alamo Plastic Surgery in San Antonio. It continues to be interesting to walk alongside them to see their takeaways on running a new practice during an ...

Medical malpractice is a subject that many doctors spend a lot of time thinking about. Today, let’s discuss common questions asked about medical malpractice.   # 1 What Is Medical Malpractice? Is Medical Malpractice a Civil or Criminal Case? Malpractice is a civil tort, not a criminal act. That means you do not go to prison for malpractice. You simply ...

Many of you have previously seen the series of posts I did for “high income” doctors aimed primarily at well-paid specialists or dual-income families making $500K-$1M or more per year. This post addresses the opposite issue, “low-income” doctors. The average physician these days makes around $275K, and polls show that the vast majority of doctors are in the $180-$450K range. ...

[Editor’s Note: Join Passive Income, MD Today, 4/24 at 3 pm MST, for a FREE masterclass, How Doctors Can Invest in Real Estate Without Being a Landlord. Also underway this weekend is the WAITLIST SALE for the Passive Real Estate Academy (PREA). Join the waitlist by 10 pm MST Sunday, April 25, and save $200 off the course. PREA is a ...

April 22, 2021 Films about Dementia Help Us Understand it “Supernova” does not have a happy ending. But that’s how stories about Alzheimer’s go, and the film, which recently began streaming, is worth watching. It’s one of those occasional movies that come along and portray the emotional aspects of this disease with nuance. The films, by using big-name stars like ...

Monthly Payment: Attributed monthly to Maria’s loans ($145,250 x 10% / 12) x 71% = $865 Attributed monthly to Santiago’s loans ($145,250 x 10% / 12) x 29%= $346 Household monthly payment $145,250 x 10% / 12 = $1,210 By filing taxes MFJ, the monthly payment is distributed based on your % of loan balance.   Note, Maria’s loans are ...

Podcast #207 Show Notes – The Delusions of Crowds with Bill Bernstein Bill Bernstein is one of the smartest people we know in the investing world. Listen to this interview with Dr. Bernstein about his new book, The Delusions of Crowds and you will see why. The book is about religion and finance and is Bill’s attempt to explain to ...

[Editor’s Note: PIMD started a debate this week about which is best — real estate or stocks. Those of you following along know that I believe a reasonable answer is to include both. If you want to add private real estate to your portfolio, consider investing alongside me with DLP Capital Partners. DLP currently is offering: an equity fund, which ...

A famous football coach once said, “You’re never as good as you think you are when you win, and you’re never as bad as you feel when you lose.” Investors should modify that quote just a little bit to help them maintain perspective and stay the course with their investing plan.   You’re Not as Rich (or Poor) as You ...

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