The Passive Income MD Podcast

On today's bonus episode, we have Toby Mathis, co-founder of Anderson Business Advisors. He and I virtually sat down together for a FB Live Q&A about the CARES Act with the members of my Facebook Group for Physicians and high-income Professionals who want to create passive income. We spoke about the bill, how it was designed to keep the economy from falling off a cliff, and the opportunities within the bill from which physicians and high-income professionals can benefit.

The CARES Act was recently put into place to provide relief for Americans during this strange and difficult time we are experiencing. Doctors have been risking their lives every day to save those affected by the Coronavirus, and prevent others from exposure to the same. Hopefully, this information helps all of you in some way and helps you to understand how this policy can benefit you financially. To learn more, check out http://ww.passiveincomemd.com/cares_act

Eric Tait, MD shares the impact of COVID-19 on real estate, what it's like to navigate the role of landlord, and how to manage this situation full of short-term obstacles while we wait for more information on the long-term. Read the full show notes here: https://passiveincomemd.com/podcast9/ 

Dr. Saya Nagori shares the ins and outs of telemedicine, how its adoption is accelerating due to COVID-19, and discusses opportunities for physicians to participate in this rapidly evolving technology.

For a lot of people, there are a variety of obstacles stopping them from creating extra sources of income. In this episode, I discuss what some of the most common ones are and how to overcome them.

Everyone knows that when the value of a rental property goes up, investors profit. However, that's just one way to make money in real estate. In this episode, we talk about 4 different ways that investors can profit from owning real estate.

Let's talk about the two most important words when it comes to personal finance. That's cash and flow. What happens when those two meet in your investments, your day job, your life? The amount that's left over after considering your cash coming in and your cash going out is the topic of today's show. It's super important to know about and quite frankly, a fundamental of finance you can't live without.

The White Coat Investor blog has become one of the holy grails of investing, practice management, charitable giving, loan management, debt management, stock investing, as well as personal finance. And, those are just a FEW topics addressed by Jim Dahle for the high-income physician. While his blog has been a great online resource for doctors, he chats on why his platform has been the direct channel to practicing medicine on a half-time basis.   ---  Want to get better at setting goals? Don't we all! Here's a FREE tool to get you started: https://passiveincomemd.com/smartgoalworksheet

We'll all get to that place where we decide to stop working or working as much. But during these times, there's a necessity to go in prepared financially. Colleagues like Physician on FIRE have cracked that code for physicians wanting to retire early and do so without worrying about how to pay for an enjoyable quality of life.  Click here for a FREE download of our great goal-setting tool and become a master of clarity: https://passiveincomemd.com/smartgoalworksheet

Why is talking about passive income important to someone who has a good-paying job? I think it's becoming more and more important as the days and the years go on, especially in our given fields, because of the way the world is moving, the way the politics is going, and the way the field of medicine isn't going and is going. But what does the term passive income really mean? --- Click here for a FREE download of our great goal-setting tool and become a master of clarity: https://passiveincomemd.com/smartgoalworksheet