Things overheard at the Prosperity Conference in Las Vegas:
- “You don’t need more time, you need less distractions.”
- “You don’t need luck, you need preparation.”
- “You don’t need to know everything, you just need to start.”
- “Mindset is 99% the journey to reach prosperity.”
The Sunday Best 03/16/2025
The stock market doesn’t care what you say or how you feel. It doesn’t care about spin, narrative or political posturing. If the stock market doesn’t like how your policies will impact earnings it will let you know about it. And the stock market is telling the new administration that it does not like tariffs:
Ben Carlson has some good news and bad news about the state of retirement savings for Americans. Let’s start with the bad news. Roughly half of American households have no retirement assets to speak of. As for the good news…
Time spent outside of the home has rebounded since the pandemic, but only slightly. Americans are spending nearly 1.5 hours less outside their homes in 2023 than they did in 2003. This shift has already had consequences.
There’s tons of evidence, from hundreds of studies with hundreds of thousands of participants, showing that exercise is an effective tool to combat depression and other mental health issues like anxiety. Is all this evidence of a connection between exercise and mental health any good?
Five years after COVID shook the world, doctors and other health providers continue to suffer from burnout that the pandemic highlighted and exacerbated. The primary driver of health care provider burnout is too much work for too few people.
The HPV vaccine represents a powerful tool in the fight against cancer. Yet, accurate information and access are often lacking in schools and even health clinics.
Leif Dahleen has retired twice. He originally left his job as an anesthesiologist. Then he eventually sold his blog. We talk about what happiness looks like after leaving organized work, letting go of the lure of achievements, and how his life has changed.
Physicians are trained to take responsibility for delivering care to others, often at the expense of themselves, and leaving the profession at a time of turmoil and dysfunction can feel like quitting. When it is time to leave, tell yourself that you are doing or did your best, you are only human, and that there are more ways for you to help others in this world than the one role in medicine.
Retirement should be a time of fulfillment, not financial anxiety. As a physician, you have the expertise to diagnose risks and implement solutions – now it’s time to apply that rigor to your own future.
According to Redfin, the U.S. housing market is now worth a stone’s throw from $50 trillion. Depending on the day, that puts the housing market roughly on par with the total value of the U.S. stock market. Americans are sitting on some healthy housing gains.
Downturns are a great time to assess the journey you’re on. But even more so, how your desires (and preferences) are informing your path (and decision-making). Are you or your advisor taking actions that actually improve your expected outcomes, or are you carving a path because it feels nice amidst a chaotic market?
Bot-driven information warfare has distorted our perception of economic reality, and seemingly deliberate policy volatility creates conditions for an economic downturn, and a Trump ‘parallel economy’ is positioned to capitalize on the resulting confusion – perhaps, reducing Trump’s market concerns. Understanding all of this requires unpacking four interconnected phenomena.
The past tax year brought a good number of key updates that are likely to impact high-earners such as physicians. Some of these include higher standard deductions, higher retirement plan limits, and significant AMT reforms. There’s also the looming sunset of the Tax Cuts and Jobs Act (TCJA) in 2025. Here are the highlights.
The rustle of policy papers in Washington D.C. echoes in the decisions made at hospital bedsides, clinic consultations, and emergency rooms. These changes are set to reshape the terrain of public health – a terrain that is already scarred by pandemic fatigue even five years down the line, staffing shortages, and the relentless climb of chronic diseases.
Are You a Passive or an Active Real Estate Investor?
This was a question often asked during the Prosperity Conference last week. It provided for many lively debates in the hallways in between speakers and panels. I admit there are pros and cons to both paths. Interestingly, some physicians take a hybrid approach.
Just in case you missed those conversations, we have a webinar with our friends at Faes who tell about the pros and cons.
Register now to secure your spot and take the next step in optimizing your real estate investment strategy.
Register Here