Last week I called the economy schizophrenic. Actually, that’s an insult to schizophrenics. This is simply a dysfunctional economy. It’s the product of a good idea called capitalism with excessive int

I am annoyed with this economy. That doesn’t seem like a very professional thing to say but I don’t know how else to express my feelings any better. You see, nothing really makes sense. Inflation has

There is a significant amount of distress in the investor world right now. With inflation and interest rates climbing quickly, it has left the equity and real estate markets in shambles. We will get t

With rising interest rates, I keep getting questions about whether value-add real estate is dead.  The answer to that question is a firm no. Remember, people have made money and lost money in all kind

This week’s Wealth Formula Podcast features me trying to answer your questions. Make sure to tune in as I try to answer questions about interest rates, the state of value add real estate and Central B

Joe Biden says the economy is “strong as hell” but he’s wrong. Interest rates increasing at the steepest slope in history over the last year have caused a serious problem for the economy and hell is a

I was a surgical resident for years. I started out as a neurosurgeon, moved over to Otolaryngology Head and Neck Surgery then ended up in cosmetics. During my training, it didn’t matter how much I wor

When I was a kid, my dad deposited $1,000 for me and my two siblings at a local bank. I’m not exactly sure why he did that, but what I do recall is that my older siblings showed me that I could go int

When new listeners of Wealth Formula Podcast tell me they started from the beginning to catch up, I cringe a little bit. It’s not that the original material was bad. For me, it’s just like looking at

I used to be a guy who prided myself on being a minimalist. Despite doing pretty well for myself financially, I drove the same 2007 Prius I bought the day after residency until just a couple of years