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367: Is Buying Gold a Good Idea or Not?



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…


Published on 2 years, 7 months ago

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366: Book Club: Die with Zero



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…


Published on 2 years, 8 months ago

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365: Crisis=Opportunity for Governments to Seize Control



Government is a funny thing. It is an organization that makes and enforces rules and regulations. The more rules and regulations it makes, the bigger it gets. It’s a monster.

Government is also a sig…


Published on 2 years, 8 months ago

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364: Death Without Taxes



You know the old saying coined by Ben Franklin, “Nothing is certain except death and taxes”. Longevity science might eventually prove that death is not inevitable but for the time being it is. 

As fo…


Published on 2 years, 8 months ago

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363: Know, Like and Trust is Not Enough



I have been at this alternate investment game since I finished surgical residency in 2009. Luckily, since then my wins have significantly outnumbered my losses and I have made a lot more money than I…


Published on 2 years, 8 months ago

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362: Multifamily Real Estate is STILL the Place to Be



I am going to keep this brief because I have a cold and I don’t want to subject you to Sudafed altered commentary.

This week’s Wealth Formula Podcast features an interview with Jay Parsons who is Chi…


Published on 2 years, 8 months ago

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361: The Calm Before the Storm with Harry Dent



The Fed just raised rates another 25 basis points despite global banking instability and investor angst. This wasn’t a surprise. Curtailing inflation continues to be their primary motivation.

How lon…


Published on 2 years, 9 months ago

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360: Real Estate Update with Jorge Newbery



Oh what a mess this economy is! Helicopter money during Covid and supply chain issues brought on inflation like we haven’t seen in decades.

To respond to this self-inflicted predicament, the Federal …


Published on 2 years, 9 months ago

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359: A Tax Update with Tom Wheelwright



If you want to build wealth quickly, you have to learn as much about tax mitigation as you can. Most of these mitigation opportunities are in the world of real estate and business.

However, there are…


Published on 2 years, 9 months ago

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358: The Personalization of Personal Finance



Why is decentralized finance advantageous? Let’s ask artificial intelligence. As you may recall from last week’s episode, ChatGPT is widely accessible to anyone right now.

Here’s the explanation on t…


Published on 2 years, 9 months ago





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