75: Wealth Building 101 for Physicians - a podcast by Mike Woo-Ming, MD MPH Physician-Entepreneur

from 2020-07-25T21:21:58

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A high salary does not often correlate to high net worth.

Although most doctors can generate an upper income wage, why does it seem a lot of physicians struggle when it comes to finance? 
I posed these questions and more to Ben Lonsdale and Rod Zabriskie, part of the wealth strategic team known as Money Insights.  Since they primarily work with health care professionals, they shared their experience working with doctors, and identified common mistakes and misconceptions.  

They also shared the same strategies the rich have been using for generations, to preserve wealth, minimize taxes, and diversify through sound stable investments.

After my interview, I’m a firm believer any doctor can retire comfortably, even if you are first starting out , with lots of debt, and few assets.  Whether you are starting a business, saving money for college, or planning  early retirement,  It all comes down to placing a priority in your financial education. What's your next move?

More Assets = More Multiple Streams of Income = More Financial Stability

LINK MENTIONED:

Get their Wealth Optimizer White Paper and/or to schedule a free consultation at:

http://moneyinsights.net/bootstrapmd/

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GET MY FREE GIFT: Can I send you a free copy of my new book “The Positioned Physician”?  ($19.95 Value)  It details how to structure your medical career and avoid trading time for dollars - and It’s my gift to you (just cover a small shipping fee).

 https://www.positionedphysician.com/freebook/ 

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Website of Mike Woo-Ming, MD MPH Physician-Entepreneur