Blog
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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…
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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: …
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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…
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5 Real Estate Investing Principles From Rich Dad Poor Dad
5 Real Estate Investing Principles From Rich Dad Poor Dad This summer, while bass fishing, my friend informed me that he’s started focusing on real estate, specifically fix and flips. What’s amazing is that even at 23 years old, he already understood the concept of “getting your money to work for you.” He wanted to…
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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…
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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…
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What Cars Do Doctors Really Drive?
Occasionally during college I assisted my friend’s dad (general surgeon) in surgery at our local hospital. I’d pull into the patient parking lot and walk by the “Doctor’s Parking Only” sign. It wasn’t hard to miss this section as it mainly consisted of: Mercedes BMWs Lexus High-end SUVs I’ve never been much of a car…
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Medical Office Real Estate: Why Doctors Sell Their Buildings
What Should You Prioritize? One of the biggest benefits of selling a practice is found in the amount of time that it frees up. While owning and operating medical/dental practices is appealing, many often become disenchanted with the amount of work that goes into things that they had not accounted for. It certainly did for…
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5 Minute Book Summary: Giftology by John Ruhlin
Giftology? Is that a course I missed in college? 🙂 It’s funny when I look back over the 20+ years of education that allowed me to practice as a periodontist, some of the courses that really “stuck with me” had nothing to do with teeth. During my residency at LSU, gift giving was never on…
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67 Top Grant Cardone Quotes For 10x Success
Grant Cardone started out as a successful entrepreneur teaching others how to sell then moved to the real estate investing space. He currently has several billions of dollars of real estate under management and is now a best selling author known for the book, “The 10X Rule“. Here’s a list of some of the quotes…
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How To Use Debt To Build Wealth
“We’re DEBT-FREE!!” After racking up $300K of student loan debt (dental school), I became a Dave Ramsey disciple hoping one day to be able to call his radio show and give our debt-free scream. I thought his way was the ONLY way to building wealth. Heck, he even starts each radio show with, “…where debt…
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7 Streams of Income: The Secret To Becoming a Millionaire
7 Streams of Income: The Secret To Becoming a Millionaire When I started my dental specialty practice back in 2005, I was laser-focused on just one thing: getting more patients. New referrals were my lifeline. Everything depended on that one income stream—my practice. At the time, I didn’t think much of it. Most of us…
