In this PPhREI Network roundup, we discuss how comparison is the thief of joy, the downsides of locum tenens, and the value of passive income in retirement.
This post may contain affiliate links.
Carpe Diem MD
In this post, Ian Cook, MD goes over the myriad of ways that comparison is the thief of joy. From comparing financial status levels to the growth of your short term rental portfolio, there are a number of ways that comparison can do more harm than good.
I think this is a great reminder, especially in this era of social media. Half of what you see out there is not actual reality. And for the half that is actually as successful as they seem, it likely didn’t happen overnight. It usually takes years of steady effort and growth to achieve success.
Read the original post on the Carpe Diem MD blog: Comparison… What is it good for?
The Darwinian Doctor
In this post, I talked about my recent experience as a locum tenens physician. After moving to Memphis, I gave up traditional employment and now split my time between locum tenens urology and real estate investing. This experiment has been going on for about three months now and there are clear wins from this approach in terms of income efficiency and autonomy. However, there are some downsides which I highlight in the post.
Read the post on the Darwinian Doctor blog: 3 Downsides of Locum Tenens Medicine You Should Know
The Prudent Plastic Surgeon
Lastly, Jordan Frey, MD discusses the way that passive income can dramatically alter your needs in retirement. He highlights what I realized when I switched from stock investment over to real estate investment: every dollar of passive income is equivalent to $25 of retirement savings. Why? Because of the 4% rule.
Learn more about this math in the original post: How Does Passive Income Figure Into Your Retirement Calculations?
Make sure to subscribe to the blog to get these roundups on the weekly!
Want to support the blog?
- Visit my Recommendations page
- Check out my wife’s food blog: Eat Dessert First
- Stay at our luxury short term rentals
- Check out my TikTok channel
- Follow me on YouTube
- Book an investor call to join my inner circle
- Contact me with questions
The PPhREI Network Mastermind is currently on a hiatus, but stay tuned for new developments and opportunities as they arise!
Perhaps you’re more of a Facebook type?
Are you a physician, spouse, or professional and you’re interested in using Real Estate to gain financial freedom? Join us in our Facebook group and accelerate your journey!