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S7,  Episode 8 - Why I Hate Illiquid Investments

S7, Episode 8 - Why I Hate Illiquid Investments

May 20, 2022

All about Illiquid Investment

When the market is going through one of its many highs and lows, it seems like everyone has something to say. However, what you might not hear a lot about are illiquid investments—assets that may be hard to sell quickly and can take time to turn into cash.

If you are unfamiliar with illiquid investments, you've come to a good place.

 

In this episode, Dave talks about...

  • What to watch out about Illiquid Asset
  • Different kinds of financial advisers / financial planners
  • About Direct participation programs
  • What does a broker-dealer do?
  • Why many doctors are given horrible advice by shady advisors
  • Listen about a physician client that was based in the Cayman Islands
  • The big problem with Illiquidity
  • What is the best thing to do in Investment rather than having completely illiquid?
  • Few different things that Dave’s advice as to ways of vetting this kind of investment

Resources Mentioned In This Episode

Website

Locum story

Email:

dave@doctorfreedompodcast.com

 

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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S7, Episode 7 - How to Fight Inflation with Your Portfolio

S7, Episode 7 - How to Fight Inflation with Your Portfolio

May 13, 2022

How can inflation be best combatted?

Inflation can be a real pain. It eats into the value of the money that you have in your wallet, and due to this, it reduces the spending power of your hard-earned cash. In other words, inflation brings about erosion in the value of a currency against other goods and services, reducing its worth over time. But do not let inflation get you numb, for it is something that can be controlled even when it is difficult to predict its prevalence in the economy.

 

In this episode, Dave discusses…

  • Country that had the highest inflation in 2021
  • 3 ways to meet the unpaid bills of a nation
  • Talks about the markets - April 12, 2022
  • Inflation investment opportunities in major sectors
  • Dave elaborates more about metal and mining producers
  • Know more about Short term bonds & Bloomberg floating Rate
  • What are managed futures?

 

Resources Mentioned:

Contact: 612-284-2409

Email: dave@doctorfreedompodcast.com

 

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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S7, Episode 6 - Buying a Medical Office Building with Trisha Talbot of DocProperties

S7, Episode 6 - Buying a Medical Office Building with Trisha Talbot of DocProperties

May 6, 2022

Considering a medical office building investment?

When you purchase an income property, your investment income and cash flow can be more predictable. This is hard to find in today's market. Plus, if you are a physician who owns his or her own practice, you know how important it is to be financially secure.

Today’s podcast is dedicated to helping doctors and other healthcare professionals find the best real estate opportunities and with the help of our next guest… 

Trisha Talbot, advises physician owners and investors about opportunities in the healthcare real estate asset class. Her track record in investment sales, landlord representation, corporate representation, and tenant representation offers clients trusted experience with comprehensive strategies with pricing, market fluctuations, and problem-solving solutions that result in successfully closed transactions.

 
In this episode, Dave and Trisha discuss…

  • Trisha’s journey and background on how she grew up.
  • Why she didn’t want a residential real estate company?
  • How did she get into Commercial & investment sales?
  • Trisha’s suggestion for young physicians/resident who is interested to have a medical office building
  • What are some of the terminologies that younger physicians should start getting familiar with so they can speak the lingo?
  • Know more about HVAC
  • Does the price change a lot by geography/location?
  • Trisha’s advice for people that wants to buy a medical office building.

Resources Mention in this Episode

Land Business Free 30 mins strategy Session: (612) 284-2409

Website

Trisha Talbot - Doc Properties

Podcast:

Providers Properties and Performance

 

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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S7, Episode 5 - All About Franchises with Jon Ostenson

S7, Episode 5 - All About Franchises with Jon Ostenson

April 29, 2022

Are you interested in generating income streams through franchising?

Our guest for today, is a consultant, investor, author, and international speaker specializing in the area of non-food franchising. 

He serves as CEO of FranBridge Consulting where he helps clients understand all aspects of franchising in the process of introducing them to opportunities from the over 300 high-growth brands that he represents. Additionally, Jon oversees FranBridge Capital where he and his partners own 14 territories across 3 property service franchises.

Please Welcome, Jon Ostenson


Jon & Dave talk about…

  • A little background about Jon Ostenson 
  • How did he end up in this kind of business?
  • Jon shares his experience in franchising (Hint: Gives you a lot of ideas in the Franchising business)
  • Is Jon's business just something he grew up with? What did his folks do?
  • Who is not good for franchises and who is good at franchise opportunities?
  • Jon’s advice for people that are going to be making a good deal of money, but don't have time for something like this right now.
  • His opinion for fellow residents that don’t have a budget for investing in this kind of business.
  • Medical-related franchise-type opportunities that doctors might be interested in.
  • Where is the market going? Where should you be investing your money?
  • What would be a good franchise for something with low startup capital?

 


Resources Mentioned

Website:

FranBridgeconsulting

Contact Info:

David Denniston: 612-284-2409 (Free 30 mins strategy session)

 

S7, Episode 4 - Financing College Education

S7, Episode 4 - Financing College Education

April 22, 2022

Hints for Financing College Education

Financing education can be one of the most daunting parts of starting college. Many students are concerned with the cost and wonder how they will pay for school. 

Fortunately, this episode gives you hints and options available to help you make college affordable.

Listen to this Episode, as Dave talks about:

  • 10 Secrets to Financing a College Education 
  • Best books to read that can help you aid for College education
  • A base income year (Hint: Informative & Very useful)
  • Why is it better to put assets in your own name rather than your child's name?
  • What scholarship organizations can you apply to?
  • Simplified Needs test
  • Why is consumer debt bad?

Resources Mentioned:

Books:

Paying for College Without Going Broke,

the 2012 edition by Chany, Kalman

Debt Free You by Zac Bissonnette

Scholarship Websites

Scholarshipemerica.org

Scholarship.com

Email

dave@doctorfreedompodcast.com

Financial Advisor Contact: ‪(612) 284-2409

 

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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S7, Episode 3 - Asset Allocation

S7, Episode 3 - Asset Allocation

April 15, 2022

Understand the concept of asset allocation

Asset allocation is a method of diversifying a portfolio by spreading investments among different asset categories. The idea behind this strategy is to paint with a broad brush while maintaining an overall risk management strategy.

 

In this Podcast episode, Dave talks about…

  • Financial Planning
  • Elaborating Asset Allocation
  • What is a Risk Tolerance Questionnaire?
  • How to use a Risk tolerance questionnaire?
  • How Proactive do you want your advisor to be?
  • What are the 2 basic kinds of investment types?
  • Three basic principles that financial advisers put to work every day

Resources Mentioned:

For free 30 minutes strategy session with Dave Denniston

Contact612-284-2409

Morningstar

 

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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S7, Episode 2 - First Meeting with Financial Advisor

S7, Episode 2 - First Meeting with Financial Advisor

April 8, 2022

What to expect in the first meeting with a financial advisor?

The first meeting with a financial advisor is an evaluation. It's like meeting a new doctor: the advisor has to decide what to report, what recommendations to make, and how you will be diagnosed.

In this Podcast episode, Dave discusses…

  • The 4 basic steps to prepare when you meet with a financial advisor
  • What are the important things to figure out during the meeting?
  • Dave shares the tools that financial advisors used to get to know their clients.
  • Possible questions and information that a Financial Advisor will ask you.
  • You will learn to build a relationship with your financial advisor for them to be able to deliver the best possible advice.

Resources Mentioned:

For free 30 minutes strategy session with Dave Denniston

Contact: 612-284-2409

 

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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S7, BONUS EPISODE- Four Investment Opportunities in 2022

S7, BONUS EPISODE- Four Investment Opportunities in 2022

April 5, 2022

Investing in the stock market can be a bit intimidating. If you’re feeling anxious about the market, we have a few tips to help keep things in perspective.

Listen to this Bonus episode to know more.

In this episode, Dave talks about…

  • Potential investment opportunities today
  • What is S&P 500 all about?
  • All Cap Global Index, Bond index, Corporate Bond Index
  • Highest and Lows for the year when it comes to investment
  • What is nearly everything that has a negative number in front for this year? (Hints: Learn about bonds)
  • How much risk are you willing to take?
  • What happens if you bought at a 5% dip?
  • Should you put 100% of your money in the market?

Resources Mentioned:

Website:

David Denniston

612-284-2409

Yahoo Finance

Morningstar

Email:

dave@doctorfreedompodcast.com

S7, Episode 1 - How to select financial advisor?

S7, Episode 1 - How to select financial advisor?

April 1, 2022

What is the best way to choose a financial advisor?

Selecting a financial advisor isn't easy. Like choosing a medical doctor, finding a financial advisor requires interviewing people to determine the best fit for your needs and personality. 

Although there may be many qualified professionals in your area, you need to find one that is someone you can trust and with whom you can relate. Some financial advisors are generalists who provide advice on a variety of subjects and work with clients from all backgrounds. Others specialize in one area or have a particular type of client.

In this Podcast episode, Dave talks about…

  • Financial planning concepts
  • How to select a Financial Advisor
  • Dave discuss the key to building a great relationship with clients
  • Questions to ask your Financial Advisor ( Hints: Highly Informative)
  • What are the three primary different ways that Financial Advisors work with clients? (Hints: Talks about Compensation)
  • Why is it important to understand their personality?

Resources Mentioned:

FINRA

For free 30 minutes strategy session with Dave Denniston

Contact: ‪(612) 284-2409

 

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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S3, Episode 46-Tax Tips and Tricks from America‘s Money Answer Man - Jordan Goodman

S3, Episode 46-Tax Tips and Tricks from America‘s Money Answer Man - Jordan Goodman

March 25, 2022

We love to talk taxes, we love to talk about debt. Our next guest has experience in all of those things. He is known as "America's Money Answer Man!!!"

He has been doing this for over 35 years. He has written for Money Magazine for 18 years, was an analyst for NBC News for 9 years. He has also written 14 books including Fast Profits in Hard Times, Master your Debt, and The Ultimate Guide to Student Loans, just to name a few.

Please help me welcome Jordan Goodman. Welcome, Jordan!

In this podcast you will:

  • Learn what will happen with investments if the government passes a new tax bill.
  • Acquire Jordan's top things to do at the end of 2017 to prepare for the upcoming tax season.
  • Gain 2 major tips that will help reduce your student debt.
  • Find out how to take 25 years off of your mortgage (THIS IS A TIP YOU DO NOT WANT TO MISS!!!)

For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/

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