One of the most famous celebrities in the Sarasota and Bradenton area is selling their home. Sir Mick Jagger and his ballet dancer girlfriend, Melanie Hamrick, have listed their Manatee County house at 15809 Clearlake Ave. in The Lake Club in Lakewood Ranch for sale. The single-family property features four…
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Journal Club 06-16-23 – Passive Income MD
Here’s Journal Club 06-16-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! Ever wonder how millionaires store and grow their wealth? Do they stash it in hidden places…
6 Summer Reads for 2023 on Money, Mindset, and Meaningful Relationships
Are you ready to embark on a journey of personal growth with a summer reading list? In this post I will review my top 6 book picks for Summer 2023 that promise to revolutionize your perspectives on money, mindset, and meaningful relationships. As a physician-turned-real-estate-investor, I’ve learned that a well-chosen…
Housing has become so unaffordable that over 75% of homes on the market are too expensive for middle-income buyers
Robert Galbraith/ Reuters The housing affordability crisis has priced middle-income buyers from a majority of homes on the market. Buyers earning up to $75,000 could only afford 23% of properties listed for sale in the US. Affordability has been crimped by low inventory and mortgage rates at multi-decade highs. The…
Journal Club 06-09-23 – Passive Income MD
Here’s Journal Club 06-09-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! In the realm of personal finance and retirement planning, Roth accounts seem to spark the interest…
Top 5 Reasons to Retire Early
PIMD welcomes Physician On Fire as our guest post. POF is a personal finance website created to inform and inspire both physicians and our patients with insightful writing from a physician who has attained financial independence and the ability to retire early. Cusack’s character, Rob, is a big fan of…
The Massive Mistake Homebuyers May Be Tempted To Make Right Now: Is This You, Too?
Pamela Grunstein still thinking about the couple who assumed the high-priced, haywire housing market of 2022 was bound to settle down, so they put their house hunt on hold to wait it out. Grunstein, a real estate agent with the Francie Malina Team in New York’s Westchester County, met the…
This is now the biggest problem in the housing market [Video]
Last year mortgage rates dominated the housing narrative. Now the main actor appears to be inventory. That’s the takeaway from a host of data points revealed in the last week such as the unexpected increase in home prices and the unforeseen drop in pending sales. Add to that home builders’…
Fed signaled a pause in hikes. Will mortgage rates stay above 6%?
On Wednesday, the central bank raised its benchmark interest rate by a quarter percentage point. While it was signaled that it was ready to pause, the current economic climate was tense. Bank failures and a possible slowdown in lending are casting a paltry over the US economic outlook. Mortgage rates…
Avoid These Top 5 Financial Mistakes for Smart Money Management in 2023
No one likes making mistakes, especially when they can be costly. I know that you likely share my perfectionist tendencies and are often averse to taking risks. As physicians, we are trained to carefully consider the risk-benefit ratio before making any decision because we know the consequences of making a…