Real estate can provide a passive income stream…when done right! Read on to gain insights from PIMD on how to do just that.
Jimmy Turner, MD
Do you need 25 times your annual expenses? What if you have enough passive income coming in each month to cover your expenses? How exactly do YOU define financial independence? Definitions matter. Come find out why.
Being a high income earner also comes with a pretty hefty tax bill. Dr. Dahle shares tips for how to think smarter about our tax goals and actions that will impact your bottom line in this Saturday Selection, originally posted on White Coat Investor.
It’s okay to stick to our guns, but sometimes being frugal can make spending money an anxiety provoking experience. Do I have the fear of spending money? We bought a house. Am I a hypocrite? Come take a walk through my mind.
Love your job? Great! Should you pursue FIRE? Absolutely, you should! At least the Financial Independence part. What you do with it is up to to you.
Is 2021 the year of real estate? PIMD thinks so. Regardless of the market you’re looking at, read on to discover why the Gross Rent Multiplier is a good metric during those initial evaluations.
Please, tell me I am not the only one who thinks like this? My monetary mindset currently revolves around our biggest (current) financial goal: Paying off our student loans. I hope that some day I can truly learn that Time is Money and that money is a means to an end. It’s not an end in itself.
We can get to "our number" through investing in order to get to financial independence. Or...
The Ten Financial Independence Milestones Though these milestones are listed in numerical order,...
Diversification means different things to different people. WCI sees six levels of diversification and recommends you nail at least the top three.
There has been a lot of focus on FIRE (Financial Independence Retire Early), but I am here to tell you that you can experience a lot of the benefit of FIRE before you get there. In fact, I’d argue FIRE can be detrimental to your life, and that partial FIRE could prove to be a better solution…it just might solve your problems.
Dualing viewpoints of the Backdoor Roth. Always enjoy a good guest post offering two different opinions on a controversial topic. Are you a Yay or Nay?