Your Financial Pharmacist

Summary Danny Mach, PharmD joins the YFP Real Estate Investing Podcast to talk about his journey from purchasing his first single-family home in 2019 to growing his portfolio to include four single-family homes and being a partner in an 11-duplex deal. During this episode, you'll hear about Danny's career track in pharmacy, how and why he got started in real estate investing, and the lessons he has learned along the way. Finally, Danny explains the importance of prioritizing your pharmacist job, shares his love for Bigger Pockets, and reminds us to take action! About Today's Guest Daniel Mach, PharmD is a clinical informatics pharmacist and a small-time real estate investor who is on a mission to achieve financial freedom. After graduating from the University of Oklahoma College of Pharmacy in 2017, Danny dove headfirst into the world of healthcare. At the time, he did not have any interest in real estate investing but wanted to explore other avenues for building wealth and achieving financial stability. His drive to work was over an hour one way and he decided to make good use of that time by educating himself through podcasts including BiggerPockets. This led him to the world of real estate investing, where he purchased his first single-family home in 2019. Since then, he has grown his portfolio to include four single-family homes and partnered with other investors on an 11-duplex deal. While he still considers himself a small-time investor, he's incredibly proud of the progress he has made in building a profitable portfolio that supports his long-term financial goals. Links Mentioned in Today's Episode Daniel Mach on LinkedIn Daniel Mach Email Address Daniel Mach on Instagram (@dannymach) Bigger Pockets YFP Real Estate Investing Website YFP Real Estate Investing Facebook Group

Summary On this episode of The Pharmacy Innovators segment of the YFP podcast, sponsored by First Horizon, Dr. Izabella Wentz (The Thyroid Pharmacist) joins Dr. Corrie Sanders. Izabella is a pharmacist turned business owner and best-selling author. After being diagnosed with Hashimoto's disease, Izabella took steps to turn her own questions into an answer for others, founding two companies, and writing three books! About Today's Guest Izabella Wentz, PharmD, FASCP, is an internationally acclaimed thyroid specialist and a licensed pharmacist who has dedicated her career to addressing the root causes of autoimmune thyroid disease after being diagnosed with Hashimoto's thyroiditis in 2009. She is the author of three books on Hashimoto's: Hashimoto's Thyroiditis Lifestyle Interventions for Finding and Treating the Root Cause, Hashimoto's Food Pharmacology, and Hashimoto's Protocol, which became a #1 New York Times bestseller. Links Mentioned in Today's Episode YFP Home Loan Page: 5 Easy Steps to Get a Home Loan Thyroid Pharmacist Izabella Wentz on Instagram Adrenal Transformation Protocol The Thyroid Secret Hashimoto's Protocol Rootcology Dr. Mark Hyman GSK Morningstar IFM A4M Dr. Alan Christianson JJ Virgin Mindshare Collaborative HarperOne YFP Planning: Fee-Only Financial Planning for Pharmacists YFP Disclaimer

Episode Summary Investing your money is one thing, but people often overlook the fact that they should also be investing in themselves. An article in the Wall Street Journal in late 2022 suggested that "The Best Investment to Make in 2023 Is in Yourself" and that people should treat their own career development like they do their investment portfolios. To discuss this, we are joined by Erin Albert, PharmD, JD, MBA. Erin is the vice president of pharmacy relations and the chief privacy officer at Mark Cuban Cost Plus Drug Company. In addition to being a pharmacist, she's an attorney, author, and podcaster. She explains the concept of investing in oneself by building a portfolio of how we spend our time and money and how she applies this to her own life. She talks about the five categories that make up her professional development portfolio, how often she revisits this framework, and what it looks like to pay herself dividends along the way. She also talks about what she looks for in education and training programs and how her personal brand and network have accelerated the achievement of her goals. About Today's Guest Erin L. Albert is Vice President of Pharmacy Relations and Chief Privacy Officer at Mark Cuban Cost Plus Drug Company, PBC. She is both a pharmacist and an attorney. Prior to joining Mark Cuban, she worked in a variety of pharmacy roles, including pharmacy benefits, taught pharmacy students at Butler University College of Pharmacy and Health Sciences for over a decade, served as a director of content for two different ACPE accredited Continuing Pharmacy Education programs, consulted in both fee for service and managed care Medicaid, worked in the pharmaceutical industry in a variety of roles—(including pharmacovigilance, clinical trials, medical affairs, and medical marketing), and in community practice pharmacy as a staff pharmacist and pharmacist-in-charge. She is also a freelance writer and author of over a dozen books, and podcaster (at The Edutainer Podcast.) Links Mentioned in Today's Episode Erin Albert Mark Cuban Cost Plus Drugs Company Shark Tank "The Best Investment to Make in 2023 Is in Yourself" Book: Find Your Unicorn Space by Eve Rodsky] Book: Strengths Finder by Don Clifton The Team Cuban Card Survey: Team Cuban Benefits Card YFP Planning: Fee-Only Financial Planning for Pharmacists YFP Disclaimer

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP®, RICP®, takes this question from Daphne in Madison, Wisconsin: How can I best prepare for an unexpected major health challenge? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Record your questions here or send them via email to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question. For more information visit https://yourfinancialpharmacist.com/disclaimer/

In over 300 episodes of Your Financial Pharmacist, we haven't covered much about annuities and today, Tim Baker, CFP®, RICP®, RLP® joins Tim Ulbrich, PharmD to do just that. On this episode, sponsored by First Horizon, you'll hear all about what annuities are, the main types and how they differ, common misunderstandings, fees associated with annuities, and how they can assist with building a retirement paycheck through the flooring strategy. Links Mentioned in Today's Episode First Horizon's Pharmacist Home Loan LIMRA: 2022 US Retail Annuity Sales Shatter Annual Sales Records Set in 2008 YFP Episode 275: How to Build a Retirement Paycheck YFP Episode 242: Social Security 101: History, How it Works, and Why it Matters YFP 294: 10 Common Social Security Mistakes to Avoid Immediate Annuities Website YFP Planning: Fee-Only Financial Planning for Pharmacists YFP Disclaimer Tim Baker on LinkedIn Tim Baker on Twitter Tim Ulbrich on LinkedIn Tim Ulbrich on Twitter

Alex Cartwright, PhD, an associate professor of economics and managing partner at Vilicus Capital, discusses strategies for navigating today's real estate market, why he is making a move toward syndication, and why clenching onto tools won't necessarily help you get to where you want to go. Links Mentioned in Today's Episode: Alex Cartwright on LinkedIn Alex Cartwright on Twitter Vilicus Capital Open Door Capital Bigger Pockets Podcast Brandon Turner Apartment Investing Podcast Range Episode 26 Senate Eskridge Episode 53 Senate Eskridge Episode 24 Savannah Arroyo Epiosde 21 Ketan Patel Robert Kiyosaki Grant Cardone

Havalee Johnson, pharmacist and Founder of Immigrant PharmAssist, shares how and why she made the move from Jamaica to Canada, how her business helps immigrant pharmacists transition into their careers in Canada, and her business goals. Links Mentioned in Today's Episode YFP Planning: Fee-Only Financial Planning for Pharmacists John Assaraf Dr. Lauren Castle on LinkedIn Tim Ferris The Big Leap by Gay Hendricks Purpose is More Than a Side Hustle by Joe Colavito The Redefining Wealth Podcast Havalee Johnson Havalee Johnson on Instagram Havalee Johnson on LinkedIn Havalee Johnson on Facebook Tim Ulbrich on LinkedIn YFP Disclaimer

Dr. Donisha Lewis talks about her debt-free journey, why and how she got involved in real estate investing, and how she and her husband got on the same page to achieve their financial goals. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP Budget Spreadsheet Mint YNAB YFP Real Estate Investing Your Financial Pharmacist Disclaimer and Disclosures

Tony Umholtz talks about navigating the mortgage market, important factors home buyers should understand when evaluating lending options, the anatomy of a home loan, and when to engage with a lender in the home-buying process. Links Mentioned in Today's Episode Learn More About First Horizon's Pharmacist Home Loan and Start the Pre-Approval Process YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning 5 Steps to Getting a Home Loan Apply for the Pharmacist Home Loan Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP®, RICP®, takes this question from Melanie in Orlando, FL: What investment options do I have for my child outside of a 529 account? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 202: How to Teach Your Kids About Money and Investing Investing for Kids: How to Save, Invest and Grow Money by Dylin Redling and Allison Tom Smart Money Smart Kids - Raising the Next Generation to Win with Money by Dave Ramsey and Rachel Cruze The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money by Ron Lieber Join the Your Financial Pharmacist Facebook Group Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.