Author: Jeff Anzalone
-
Apartment Syndication 101: What Doctors Should Know
Apartment Syndication 101: What Doctors Should Know I recently spoke to a group of periodontists about apartment syndication investing. As you can imagine, most did not have any real estate experience and were comfortable following their financial adviser’s advice of 401k investing until age 70+. I occasionally visit investing forums and Facebook groups for doctors.…
-
Failure Is The Key To Success
You failed your math test. Your football team was defeated last night in the playoffs. You lost your tennis match yesterday. You’re an epic failure. If you’re like most people, you probably have a bad relationship with failure. I know I have. Look, I understand that nobody wants to fail. For most people, the word…
-
Top 5 Things You Should Do With Excess Cash
“Hey Jeff, I’ve got an extra $300K in surplus cash parked in a savings account earning zero interest, what should I do with it?” It’s not uncommon to receive questions like this each month. This stems from people spending less during the pandemic plus depositing the excessive “stimulus” checks that’s been handed out like M&M’s…
-
How To Invest For Capital Preservation
“Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No.1.” – Warren Buffett If one of the greatest investors ever tells us the MOST important rule to reach our financial goals is to NEVER lose money, do you think we should pay attention? He didn’t mention about investing in real estate,…
-
What If Money CAN Buy Happiness?
“Money can’t buy happiness…but it CAN buy cows, right? And cows produce milk, and milk makes ice cream, and ice cream makes you happy.“ This is the type of stuff I think about when my brain is in “relaxation” mode while eating Huckleberry ice cream at my favorite Montana resort, Paws Up. Whether you realize…
-
What Is FU Money?
There are many things money can buy, but the most important one of all is freedom. With regards to freedom, I’m specifically talking about being able to do: what you want when you want for as long as you want with whomever you want And the best way that can be accomplished is with something…
-
Book Review: The Psychology Of Money By Morgan Housel
Recently Morgan Housel’s book, The Psychology of Money, was recommended on my list of podcasts and YouTube videos. Why? I don’t know. Maybe “Google” was trying to tell me something? 🙂 Anyway, after listening to his interview about his latest book, I had to order one for myself. I love his statement in the Introduction: …
-
How To Become A Millionaire From Nothing (5 Steps)
Everybody wants to be a millionaire, right? If you’re a doctor or other high income earner then you may think you’d have a better chance of attaining millionaire status vs the average person. Not so fast. Not only do we start practicing later in life (sometimes in mid to late 30’s) but our debt load…
-
Here’s What Dave Ramsey Thinks Of Cryptocurrency
It seems as if I missed the boat again. Back in early 2016, my wife and I were at a tennis camp in Miami. One of the other players introduced himself as being in the “crypto” space. I had no idea about Bitcoin or any other cryptocurrency and shrugged it off. He told me to…
-
The Real Estate Pro Forma: What Investors Should Know
So you want to invest in real estate as a passive investor but not quite sure where to start? As someone that’s been investing in rental properties (syndications) since 2016, there’s a lot of information to know but only a small amount to REALLY pay attention to. Actually, there’s 3 common mistakes they should avoid…