Category Archives: Investment

Dr. John Ramey, DrMoves.com

Click here to listen to this episode

On this episode, we are grateful to have Dr. John Ramey from DrMoves.com with us. Listen in to hear Dr. Ramey talk about the advice he gives to medical students and residents about:

  • What to look for so that you can sell your home when you are ready to move
  • Why neighborhood may be more important than the home itself
  • different strategies for renting out a room to cover your mortgage or utility costs and help protect your investment in real estate
  • What to consider if you are thinking about becoming a landlord
  • Ways for physicians to make additional income and where to find that information

Click here to listen to this episode


Josh Mettle on Freedom Formula for Physicians Podcast

Click here to listen to this episode

Tune in to hear Josh Mettle talk about what makes RE Investing so lucrative, what to avoid and who to assemble on your team to succeed in Real Estate Investing. Click here to listen to this episode


Eric Tait, MD, MBA – vernonville.com

Click here to listen to this episode

Tune in to listen to Eric Tait, MD, MBA founder and senior fund manager at Vernonville Asset Management as he talks about alternative investments as well as:

  • why he started his investment firm
  • the reasons he likes investing in real estate
  • where he feels physicians payment model is heading and why he feels creating passive income is crucial to stress levels and quality of life for doctors
  • his formula to see if a property is a good investment
  • the difference between price and value
  • what the 1 percent rule is
  • an equation to determine what you should pay for a property

Click here to listen to this episode


Lawrence Fassler, JD, MBA, realtymogul.com

Click here to listen to this episode

Listen in as Lawrence Fassler, JD, MBA, reveals what make realtymogul.com a great investment opportunity for accredited investors and why:

  • You can diversify into smaller minimum investment amounts across lots of different properties and across lots of different geographies
  • The ability of smaller investors to conveniently access deal flow enables run-of-the-mill accredited investors to invest in larger or higher-level real estate projects than were possible before
  • What is a debt offering and what are the advantages and what is an equity transaction and what are the advantages
  • What returns are typical for debt offerings and for equity transactions

Click here to listen to this episode


Steven Podnos, MD, CFP – wealthcarellc.com

Click here to listen to this episode

Tune into to hear Dr. Steven Podnos, principal of Wealth Care LLC, fee only investment advisor and physician share his wealth of experience and knowledge about:

  • The tricky way some financial advisors mislead about fees and the difference between fee only and fee based practices.
  • Common physician retirement planning mistakes
  • What to do if your retirement plan is high cost and underperforming
  • Common mistakes physicians make when protecting their assets and how to avoid them

Click here to listen to this episode


Garrett Gunderson, Best Selling Author

Click here to listen to this episode

Today, we’ll be talking with Garrett Gunderson, self-described money nerd and founder of Freedom FastTrack based in Salt Lake City, Utah. Garrett is also the author of Killing Sacred Cows, a New York Times bestseller. He’s been featured in the Wall Street Journal, New York Post, American Chiropractor, Dentaltown, and too-many-to-name other publications. Garrett is also insanely passionate about personal finance, and I’m 100 percent certain he’s going to be able to challenge our beliefs and teach us something valuable today.

In this episode, Garrett reveals:

  • Why knowing where you’re leaking money and what fees you may not realize you are paying is so important to your bottom line
  • What the accumulation theory is versus the utilization theory, and how that can have a huge impact on your enjoyment and quality of life
  • Why focusing on the numbers in your retirement account can be dangerous to your financial life
  • How knowing the difference between debt and loans is important in shifting your relationship with using a loan to accumulate equity
  • Why he thinks you should invest in alignment with your investor DNA and core values and what investor DNA is
  • Where to go to get your finance questions answered by a bunch of money nerds

Click here to listen to this episode


Travis L. Bowen, Esq., bowenlaw.com

Click here to listen to this episode

Travis Bowen is president and founder of Bowen Law and received his law degree, cum laude, from Brigham Young University. In 1985, Travis founded Bowen Law, and over the last three decades, he’s focused on designing and implementing advanced tax and estate planning strategies for high net worth individuals. Travis talks about the importance of having a system to coordinate all the moving parts involved in a physician’s tax, legal,insurance and asset protection life. Travis stressed the importance of:

  • Having the end in mind whatever the venture is and then build the plan to reach that goal
  • Making sure you have a plan in place to maintain your risk management
  • Building a wall between investments and personal assets so they are not at risk in the event of a liability

Click here to listen to this episode


Eric Halvorsen – UMAFS

Click here to listen to this episode

Our guest today is Eric Halvorsen, Certified Financial Planner and MBA from the Utah Medical Association Financial Services or as they’re more commonly known UMAFS. Eric and the UMAFS team offer physician specific financial planning and investment advice. We dive deep with Eric and talk about:

  • Why he likens one’s financial life as a marathon, and why he sees dedication and consistency as crucial to your financial goals and success
  • What the DALBAR Study is and why the findings about emotions and logic are relevant to you in your investment strategy
  • What an investment policy statement is and how that can keep you on track and working towards your investment and financial goals
  • Why UMAFS likes Dimensional Funds and how they can be a great tool to help you in your investment goals as well
  • Click here to listen to this episode


John Collins – GL Advisor

Click here to listen to this episode

John Collins is from GL Advisor, an advisory firm designed to help graduate students and young medical professionals fully understand their options, make better decisions, and implement solutions pertaining to student loan debts, as well as offering financial planning and professional investment advice. John spoke to us about the often hard to decipher student loan subject, and he made it clear and easy to understand. John helped us to better understand:

  • How to repay your student loan debt strategically
  • What Public Service Loan Forgiveness is and how you can take advantage of it
  • Gives a clear explanation of Income Based Repayment and Pay As You Earn
  • Reveals what happens with interest and how is that all deferring and accruing while you’re in the Pay As You Earn program
  • What changes he sees coming to Federal loan forgiveness programs and how that might affect those currently in IBR or Pay As You Earn

Click here to listen to this episode


Dr. Doug Carlsen – GolichCarlsen.com

Click here to listen to this episode

Doug Carlsen, D.D.S. retired at the age of 53 after 25 years in private dental practice and clinical lecturing at the UCLA School of Dentistry. Doug is now a writer, speaker, and business and personal finance consultant to physicians, dentists, and other medical professionals. Doug shared some of his best advice for dentists and physicians:

  • The 3 major keys to wealth
  • The importance of compound interest and having a clear savings plan
  • The 6 personal habits of super saver dentists and how you can adopt these and improve your financial health
  • The 3 big financial mistakes to avoid in your 30s and 50s – including the one mistake that can add 5 to 10 more years of work to getting to the goal of retirement. Avoid this one or find a way to minimize its impact!

Click here to listen to this episode


Paul Larson – Larson Financial Group

Click here to listen to this episode

Paul Larson is CEO of Larson Financial Group, one of the nation’s largest doctor exclusive financial advisory firms and serves over 4,500 physicians and dentists nationwide. Paul shares how he began working exclusively with physicians. He shared:

  • Why his company has a foundation that goes to impoverished areas and employs people and how that has benefited their physician clients
  • How his group is able to employ a holistic approach and help with many aspects of a busy doctor’s financial decisions – car buying or leasing, contract negotiation, home buying, and taxes to name a few
  • What DFA funds are and how they can minimize risk, lower fees and get a good return
  • Why the habit of saving money early on is important
  • How his company’s book Doctor’s Eyes Only can guide you through the process of financial planning

Click here to listen to this episode


Dr. David Phelps – Freedom Founders

Click here to listen to this episode

Dr. David Phelps is a dentist by training and now runs Freedom Founders, a professional investment group that teaches small business owners like private practice doctors and dentists the Freedom Formula. Dr. Phelps has a touching reason why he cares so deeply about teaching other professionals how to change their mindset from a lone ranger point of view to an entrepreneurial point of view. He also spoke with us about:

  • How he got off the hamster wheel – twice – and built passive income streams that enable him to do what he wants and to practice dentistry, or not
  • The importance of having a reason why and the tremendous power that gives you
  • How taking small steps building within your practice and leveraging other people’s time and resources and making it work for you
  • How to gain time freedom as well as financial freedom
  • How having a mentor can help you to shift your mindset to benefit you

Click here to listen to this episode


Darrell Armuth – Sensible Portfolios

Click here to listen to this episode

Darrell Armuth is a financial advisor who is married to a dentist and has advised quite a few dentists and physicians on how to grow their retirement nest egg while minimizing risks and keeping fees to a minimum through using smart funds. He talked to us about:

  • What a smart fund is and how through their simplicity they are transformative
  • How diversification with smart funds reduces risk
  • The lower cost of smart funds
  • How through using smart funds you are investing globally

Click here to listen to this episode


Konstantin Litovsky – Litovsky Asset Management

Click here to listen to this episode

Konstantin Litovsky of Litovsky Asset Management specializes in providing small business owners like private practice doctors and dentists and is one of the tiny number of advisors who provide flat-fee comprehensive retirement plan services. Konstantin is one brilliant guy and he talked to us about:

  • How medical professionals are penalized by asset-based fees and the astronomical amount he estimates asset based fees steal from your wealth over time
  • How his math background and engineering background helps him to consider his clients’ finances as a system with many moving parts, and how all parts of the system have to work together
  • His 5 Point Investment Plan that lays out very basic guidelines that you can use to keep more of your wealth and allow for better planning opportunities for your retirement
  • The myths and realities of investment management and why knowing these will blow your mind

Click here to listen to this episode


Dr. James Dahle – White Coat Investor

Click here to listen to this episode

Dr. James Dahle, editor of www.whitecoatinvestor.com and the rising star of physician financial advice and straight talk about success was kind enough to share his time and expertise with us and talked to us about:

  • What got him so interested in getting a financial education and why he shares that knowledge with other docs
  • How med students can minimize student loan debt and why that is so important
  • Insurance and why it is imperative that you have the right kind
  • The importance of creating profitable habits for your success
  • His new book The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing

Click here to listen to this episode


Alisa Le – Pacific Advisors

Click here to listen to this episode

Alisa Le, financial advisor at Pacific Advisors specializes in advising dentists and physicians. Is keeping your financial papers and legal affairs organized and easy to access an issue for you? Alisa talks about her system for that and her philanthropic ventures and also talked to us about:

  • How the Living Balance Sheet can help you organize and strategize with all your legal, tax, mortgage, and banking advisors to get the most from their services
  • The difference between net worth and high income
  • How the Life Visions process can help you create a wealth strategy to accomplish your highest vision

Click here to listen to this episode


Dr. Dennis Bethel – NestEggRX

Click here to listen to this episode

Dr. Dennis Bethel is the founder of NestEggRx, a real estate investment firm with the mission to help doctors and other health professionals diversify into real estate without any of the management headaches. Dr. Bethel is passionate about real estate and teaching others how to reach their goals. He tells us:

  • Why he perfected his system to educate other professionals about the advantages of commercial/multifamily real estate investing and what got him started down this path
  • How to get into larger multimillion dollar commercial properties with direct fractional investing
  • How to avoid management headaches most people struggle with in real estate investing
  • The five different ways to make money in real estate investing
  • What to look for before investing your money with a real estate investment firm

Click here to listen to this episode


Reese Harper – Aquire Advisors

Click here to listen to this episode

Reese Harper, founder of Aquire Advisors is a financial service provider who specializes in serving general dentists, oral surgeons, and specialists. Have you ever worried about how steer clear of financial scams? Reese taught us a few things about that and also gave some great tips on:

  • The 7 BIG mistakes private practice dentists and physicians are making and how to avoid them
  • Why using an independent financial advisor is crucial
  • What the balanced approach to paying off debt is and how to apply it in your life
  • How physicians and dentists can avoid being defrauded like Bernie Madoff’s clients were

Click here to listen to this episode