How We Made Our First Purchase

If you're a physician with at least 5 years of experience looking for a flexible, non-clinical, part-time medical-legal consulting role…

...Dr. Armin Feldman's Medical Legal Coaching program will guarantee to add $100K in additional income within 12 months without doing any expert witness work. Any doctor in any specialty can do this work. And if you don't reach that number, he'll work with you for free until you do, guaranteed.

How can he make such a bold claim? It's simple, he gets results…

• Dr. David exceeded his clinical income without sacrificing time in his full-time position.
• Dr. Anke retired from her practice while generating the same monthly consulting income.
• And Dr. Elliott added meaningful consulting work without lowering his clinical income or job satisfaction.

So, if you're a physician with 5+ years of experience and you want to find out exactly how to add $100K in additional consulting income in just 12 months, go to arminfeldman.com.

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This podcast is sponsored by the Physician Executive MBA Program at the University of Tennessee Knoxville's Haslam College of Business.

Thinking about a nonclinical career path? In just one year, our physician-only MBA gives you the business and leadership skills to pivot, whether into administration, consulting, entrepreneurship, or beyond.

Join a nationwide network of over 1,000 physician leaders. Learn more at nonclincicalphysicians.com/physicianmba.

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Get the FREE GUIDE to 10 Nonclinical Careers at nonclinicalphysicians.com/freeguide.

Get a list of 70 nontraditional jobs at nonclinicalphysicians.com/70jobs.

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In this episode, I continue the story of our investment club, tracing its path from seven hospital-affiliated founders in 1993 to a 12-member group today, and sharing the practical choices that built the portfolio: $100 monthly contributions, the first purchase of Stryker, use of accounting software and My iClub, and disciplined stock selection with SSGs and Value Line. I explain how we balance diversification (about 20 stocks, with larger early positions in Apple, Google, and Microsoft), why we avoid frequent selling, and the buy-rules we use (double-digit revenue/earnings growth plus favorable P/E signals).

You'll also hear real numbers, recent 1-year and multi-year performance comparisons, lifetime annualized returns that outpaced the total market by roughly two percentage points, and how withdrawals (including my $25k and later $100k) affected personal balances, plus practical guidance on portfolio sizing, member contributions, and why the hands-on learning and friendships make the club worthwhile.

You'll find links mentioned in the episode at nonclinicalphysicians.com/stock-market-investing-today/