The Passive Income MD Podcast #272 The Investment Strategy I’d Recommend to My Younger Self (And Maybe You Too)
Jul 14, 2025
Dr. Peter Kim reflects on the financial wisdom he wishes he had right after residency. He reveals money mistakes and emphasizes the importance of strategic planning for achieving financial freedom. Understanding business metrics is crucial for physicians looking to make informed decisions in their careers. The value of cash flow in investing is highlighted over chasing high returns, along with the need for community support and mentorship. This honest discussion encourages listeners to take actionable steps towards building wealth.
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Investing is a Necessity for Freedom
- Investing is essential to gain financial freedom and not optional.
- See yourself as an investor and the CEO of your life, planning money growth strategically.
Use Downtime to Learn Investing
- Use downtime to invest in your knowledge and future growth.
- Start with books and podcasts to learn, as knowledge compounds over time.
Track Your Financial Numbers
- Know your financial numbers: net worth, assets, liabilities, and monthly profit.
- Tracking these numbers helps you allocate investments wisely and adjust your strategy.
