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Helping Physicians Slash Their Debt, Slash Their Taxes, and Live a Liberated Lifestyle
Episodes
Friday Mar 10, 2023
Friday Mar 10, 2023
Tech stocks are an excellent opportunity for investors but they also come with risks. Let's discuss why people buy tech stocks, and what risks you might encounter when investing in them.
In this episode, Dave talks about…
- What is tech stock?
- Deep dive into Traditional investment
- Should you buy something like tech tax?
- Where do these things end?
Resources Mentioned:
Contact Dave for a free 30mins strategy session: (612) 284-2409
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Mar 03, 2023
Friday Mar 03, 2023
In my last post about Tax Liens, I provided some examples of properties I've found and the things I do in the process. I've had some interesting experiences since then and thought it would be useful to give an update on my experiments with tax liens.
In this episode, Dave talks about…
- How I got hooked on Tax Liens
- How do I get more tax liens?
- The pros and cons
- What happens if someone redeems their tax lien?
- How much have I made on my investments?
- What do I like about tax liens?
Resources Mentioned in this Podcast:
Website: daviddenniston.com
Contact Dave for a free 30mins strategy session: (612) 284-2409
Other episodes you may like:
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Feb 24, 2023
Friday Feb 24, 2023
Let's explore some of the differences between Solo 401k and SEP IRA plans so you can decide which is right for your business. Plus, I'm going to show you some little-known facts that the IRS doesn't tell you about the Solo 401k plan.
In this episode, you will discover…
- What is a better option – SEP IRA or Solo 401k?
- When to use them? ( w/ detailed example)
- Who is eligible for Solo 401k?
Resources Mentioned:
Contact Dave for a free 30mins strategy session: (612) 284-2409
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Feb 17, 2023
Friday Feb 17, 2023
Dr. Leif Dahleen aka the Physician on FIRE, is a former anesthesiologist, a family man, and a supposed outdoors enthusiast who spends way too much time indoors. He attained financial independence (the F.I.) at age 39, meaning he could afford to retire comfortably after a 9-year career. He continued to work for various reasons, and mostly enjoyed his job but did choose to retire early (the R.E.) from medicine at the age of 43.
In this episode, you will discover…
- His early retirement in medicine
- His finances during the chaos of covid
- Red flags in the financial advisor world
- Why physicians should diversify their income
- Liquidating all your real estate is not the best option.
Resources in this Podcast:
Connect with Dr. Leif Dahleen
Website: https://www.physicianonfire.com
Contact Dave for a free 30mins strategy session: (612) 284-2409
Other episodes you may like:
http://doctorfreedompodcast.com/physician-fireside-chat-physician-on-fire-may-2017/
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Feb 10, 2023
Friday Feb 10, 2023
The life of a physician is difficult. Between medical school and residency, as well as the stress of the job itself, it's no surprise that burnout is common in doctors. But you don't have to let it affect your mental health any further. Today our special guest is going to talk about ways to prevent physician burnout.
Dr. Errin Weisman, is a high-achieving alpha female who after years of education, achievement, and striving found herself deep in burnout and ready to quit it all. She made dramatic, intentional changes internally and externally that helped me reclaim my inner badass, live joy-filled, and work sustainably.
In this episode, you will discover…
- What it's like to be a child of a workaholic
- How living within your means is a smart financial strategy?
- Is quitting the right thing to do?
- How she beat burnout
Connect with Dr. Errin Weisman
Podcast:
https://www.burntouttobadass.com/
https://www.doctormefirst.com/
Email: hello@burnoutbadass.com
Contact Dave for a free 30mins strategy session: (612) 284-2409
Book:
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Feb 03, 2023
Friday Feb 03, 2023
Dr. Myrdalis Díaz-Ramírez, a dual Board-Certified Anesthesiologist and Interventional Pain Management Physician, Medical Expert, Professor, Author, Speaker, Podcaster, Entrepreneur, and Mastermind Facilitator. Through her Mastermind, physicians can transform their personal and professional lives. They have been able to define, plan, and execute a designed physician life just for them and are now in control once more.
In this episode, you will discover:
- How did growing up in Puerto Rico affect Dr. Ramirez?
- What is the state of entrepreneurship in Puerto Rico?
- How financial literacy can help benefit your family
- Is medical education expensive in Puerto Rico?
- What kind of people is likely to join and not join this mastermind?
- Why mastermind isn’t common in the physician’s world?
- How coaching physicians will get you to the next level?
Resources Mentioned:
Contact Dave for a free 30mins strategy session: (612) 284-2409
Book:
Freedom Formula for Physicians
Connect with Dr. Myrdalis Díaz-Ramírez
Podcast: Design your physician life podcast
Website(s):
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Jan 27, 2023
Friday Jan 27, 2023
Aspiring to be a doctor is certainly no easy feat. But becoming a doctor and building a successful business side by side? It's not impossible. Let Dr. Pranay Pranikh, known in the real estate investing space, show you his tips and tricks for passing down knowledge to the next generation of doctors via real estate.
In this episode, you will discover…
- How does his family escape from the cycle of poverty?
- How did he pay for his education and student loans?
- Subsidized Stafford loan and unsubsidized Stafford loan
- Why aren't you allowed to work directly in a hospital in LA?
- Why did he decide not to purchase a primary residence and do a rental?
- Why fourplex?
- How to manage rental properties?
- Why shouldn't you buy at the same cap rate as six months ago?
- Thoughts on being financially free?
Resources Mentioned:
Contact Dave for a free 30mins strategy session: (612) 284-2409
Book:
Freedom Formula for Physicians
Connect with Pranay Parikh
Website: https://pranayparikh.com/
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Jan 20, 2023
Friday Jan 20, 2023
There is a type of investment that the average person seems to know very little about - tax liens. This episode gives some basic information about tax lien investing so that you can make an informed decision about whether or not this is a path you'd like to pursue.
In this episode, you will discover…
- Who invests in tax liens?
- How to make money in tax liens?
- The area you can do these?
- How do you focus on learning interests?
- Cons on tax liens?
- How do you generally lose money in tax liens?
- How do you buy when you invest in tax liens?
Resources Mentioned:
Contact Dave for a free 30mins strategy session: (612) 284-2409
Book:
Freedom Formula for Physicians
Website:
https://www.daviddenniston.com/p/videos
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Jan 13, 2023
Friday Jan 13, 2023
Investing in land is a great way to boost your long-term wealth. It's tangible and can provide you with a steady source of passive income, but only if you understand the ins and outs of buying and selling land. I hope to walk you through each step of the process. I've been flipping land for years, so take a listen as I tell you everything that I learned.
In this episode, I’ll talk about…
- How did I start as a land flipper?
- What is a land flipper?
- Good and bad things in land flipper
- How do you make money in this kind of business?
- Things to see buying land
- How do you buy when you flip land?
- A step-by-step guide to selling a land
Resources Mentioned:
Contact Dave for a free 30mins strategy session: (612) 284-2409
Book:
Freedom Formula for Physicians
Website:
https://www.daviddenniston.com/p/videos
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »Friday Jan 06, 2023
Friday Jan 06, 2023
The start of a new year can be a great time to focus on your financial concerns by learning about the new retirement plan contribution limits for 2023.
In this episode, Dave talks about…
- 401K Contribution for 2023
- Should you do the backdoor Roth IRA or the front door Roth IRA?
- Cons on married filing separately
Resources Mentioned:
Website:
https://www.irs.gov/newsroom/401k-limit-increases-to-22500-for-2023-ira-limit-rises-to-6500
Contact Dave for a free 30mins strategy session: (612) 284-2409
For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com
Read the rest of this entry »