In this PPhREI Network roundup, we read how Carpe Diem MD got started in real estate investing, a primer on asset allocation and rebalancing, and the effect of inflation on millionaires.
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Carpe Diem MD
This post tells the story of how Ian Cook, MD, and his wife got into real estate investing and started their short term rental journey. His journey actually began in 2007, one year before the real estate meltdown that started the Great Recession. Interested how that initial purchase turned out? Pretty exciting stuff.
Read the original post on the Carpe Diem MD blog: Our Real Estate Journey
The Darwinian Doctor
In this post, I talked about the insidious and surprising effect of inflation on our money. How much do you think millionaires in the 1980s are worth in today’s dollars? Maybe this explains why millionaires today still have financial anxiety, despite their two comma status.
Read the original post on the Darwinian Doctor blog: Millionaires Aren’t What They Used to Be
The Prudent Plastic Surgeon
This is a great post to review the basics of how most people should think about splitting up their assets. It goes into the usual suspects like stocks and bonds, but also discusses our favorite: real estate!
Read the original post on the Prudent Plastic Surgeon blog: Asset Allocation and Rebalancing: A How-To Guide for Buying Low, Selling High, and Relaxing In Between
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