Common Barriers to Freedom Today
I wanted to give my field notes from my interactions and discussions with several key people in my network. The following are the insights…
Category: Wealth Creation
How do you create wealth and passive income? Learn more about real estate investing, cash flow, retirement planning, and more from Dr. David Phelps and the Freedom Founders’ team.
You are Focusing on the Wrong Number for Retirement
Too many people are focusing on the wrong number. (If you are hard-working, a high-income earner, and want to be a high net-worth…
Current Economic Headwinds Leave No Room for Error
It’s not about timing the markets. It’s about understanding the waves, the rise and fall of the market. It’s understanding why…
Investing in Tangible Assets
Within 15 years, I had about 35 single-family rental properties, of which the vast majority were free and clear. That’s what allowed…
Proximity to Your Investments Maximizes Success
Real estate investing can be a great opportunity, with the right people in the right area. It can give you very stable returns, but investors must…
Financial Freedom for Dentists
Financial freedom for dentists and making a dental practice transition during this uncertain economy are key questions facing many…
Why I Keep “Working” Past “Retirement”
I often get asked “David, if real estate was so good to you and allowed you to depart your clinical practice when your daughter was sick, then why…
Why I Don’t Like Financial Advisors
The merchants of “once-size-fits-all” – why America’s financial advisors have failed to create financial security for a generation of…
Lessons from Monopoly – How to Stop Losing the Retirement Game
Imagine playing a game of Monopoly, but never buying any assets (properties with hotels or houses) that produced any cash flow…
Don’t Follow the Stampede
Whenever you see a stampede, you need to stop, get out of the way and run the opposite direction. Don’t follow the stampede, don’t follow…
