Journal Club 09-30-22 – Passive Income

0

Here is Journal Club 09-30-22! Every week I hold a THE NEWSPAPER CLUB. After filtering the articles on the web, I present to you a few that impacted my life this week. Be safe and be well!


  • Wondering if you should open a 529 account to fund your child’s K-12 education? Or debate whether a Roth IRA or 403(b) would be better for you? Well, The White Coat Investor answers these and other questions about investing in – 529, I Bonds, TIPS, S Corps, ETFs and 403(b)s. Check it out. There’s a little something for everyone in there.
  • As doctors, starting a side gig may be the last thing you want to hear that takes even longer. But the goal behind side gigs is to create additional revenue streams to eventually win back some of your time. Initially, these may require your time and effort, but they have the potential to create long-term passive income. The Prudent Plastic Surgeon has similar views and shares helpful tips for exploring possibilities in the article – Gigs Side Gigs to Make You Passive Money.
  • Many of us want to retire early so that we can spend the rest of our days doing what we love most. But as The Physician Philosopher points out, there is a small problem with early retirement; we cannot access the money we have set aside in retirement accounts before reaching the retirement age of 59.5. At least not without penalty in most cases. So how do you close the gap? The author shares useful tips in the article – 6.5 ways to overcome the gap between early retirement and age 59.5.
  • If you want to invest in real estate, you need to familiarize yourself with a handful of performance metrics to thoroughly evaluate any property. So how do you determine if you’re making money on a deal? The Debt-Free Doctor explains an essential metric for analyzing profitability in the article – Cash On Cash Return Formula: Are You Making Money In Real Estate?

It’s all for this week ! I hope this week’s book club was helpful.

Read interesting articles? We’d love for you to take a moment to share them in the comments below!

Thanks for reading and sharing,

Rock

Disclaimer: The subject matter presented in this article is provided for general information and educational purposes. It does not replace professional advice. Therefore, before acting, consult your team of professionals.

Share.

Comments are closed.