Physician on FIRE bought a stake in a small micro-brewery that sure looks like a bad investment, but is it REALLY? With a clever clause in the contract and altruistic motives, it might be one of his favorite holdings.
If you think real estate investing might be for you, carefully consider these 3 points from PIMD before you jump in.
Do you know your tax drag? Learn what tax drag is, how to calculate it, and how to minimize it.
PIMD shows that state taxes DO matter, especially if you are going for early financial independence.
Are you afflicted with One More Year syndrome? Physician on FIRE is. OMY is a powerful way to make a big difference financially for your retirement.
Have you been sitting on the fence trying to decide if owning a rental property is for you? PIMD bought an apartment building and is getting an education and making money at the same time with it. Learn about his investment here.
Do you know how much investment fees are costing you? For the DIY investor who chooses low-cost index funds, it can literally mean millions more in your pocket for retirement.
Ever watch Shark Tank? Angel investing looks pretty exciting on TV. PIMD explains who should consider being an angel investor and how to mitigate the many risks.
Physician on Fire has paid a lot of money in taxes for his Roth conversions in past years. But, was it the right move in the long run?
PIMD gives his top 5 reasons why a physician may want to consider a side hustle. Making more money is top on the list but is only one thing to consider.
A doctor can expect to pay between 15-37% tax on long-term capital gains & qualified dividends in her taxable account. Physician on Fire thinks you should have a strategy in place to reduce or completely eliminate those taxes.
Too many of us endlessly work and save out of fear that we'll run out of money in retirement. PIMD thinks there is something else we should think about when it comes to money and retirement: the fear of dying with TOO much money.
Physician on FIRE asks the critical question of how much is enough. Is it having 25x's your annual spending? Is it $1million? $10 million? Or, will you know it when you see it?
PIMD tests out the strategy of investing in one real estate property each year and models the cash flow out 10, 15 & 20 years for some serious passive income.
[Editor’s Note: This is a republished post from Physician on FIRE, a member of The White Coat Investor Network. The original post ran here, but if you missed it the first time, it’s new to you! In th...