Dr. Raj Dhamrait – Co-Author of Our New Book
Here’s the problem. You hear about all sorts of opportunities out there, but you just don’t know where to begin. Our book, The Ultimate Freedom Prescription, is all about where to start. This […]
Category: Freedom Founders News
Discover the latest insights from Dr. David Phelps, DDS relative to the economy, real estate investing, retirement planning for dentists, and more!
How to Prepare for the Next Market Reset
It’s amazing that so many people have already forgotten about the 2008-10 financial crisis. It’s 2017, some 8 years later, and we have the media pundits, the political pundits, the federal reserve, and the mainstream […]
Dr. Randy Cline – Co-Author of Our New Book
You don’t know what you don’t know. I learned this the hard way in 2008. Sometimes it takes things falling apart to shake you up and get you moving in the right direction. I needed […]
Should You Fire Your Financial Advisor?
It’s a question that I get a lot. It’s a personal question, though; you have to make your own considerations. I’m not here to give you legal or tax advice. But here’s what I know […]
Dr. Phil – Co-Author of Our New Book
I’m Dr. Phil. This book was co-written by 14 healthcare professionals, 13 dentists and myself, a veterinary surgeon. (My co-authors call me the “black sheep” of the book project… but hey, I like sheep). […]
Understanding Pro Formas
Simply put: A financial Pro Forma is a list of financial projections. Projections based on a specific asset (in this case, we’re talking about real estate), and based on certain numbers: expenses, rents, gross income. […]
How Long Will It Take To Get To Freedom?
“Can I really reach Freedom in 5-7 years?” Fair question. The first step to answer is to define Freedom. For some, Freedom means lying in the warm sun on a tropical beach… without a […]
What Does Freedom Founders Actually Do?
“What do you guys at Freedom Founders actually do?” Very fair question. I get asked this a lot. What we “actually” do is tough to condense into a simple, quick-and-easy answer. But here’s my best […]
Why Your Dental Practice Isn’t Different
“But David, my dental practice is different….” I get this response often. I was in Austin recently with my friend, Bill Gough, at his insurance agency mastermind. (Don’t think insurance agents and dentists have much in common? […]
Why I Hate 401ks
I don’t care what your “Financial advisor” told you… 401ks are a bad idea. Putting your wealth in a 401k is like locking piles of cash in a concrete bunker, and throwing away the key. […]
