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The Sunk Cost Fallacy – Passive Income MD

Post Author By Evo Plus
Post Date 26/06/2023

None of us can be the hypothetical Homo Economicus who makes only rational decisions. Instead, we must contend with the sunk cost fallacy. Here’s all you need to know about it.

PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined, which will allow you to spend your time and effort on your patients, your family, and your own wellness. WCI truly believes that a financially secure doctor is a better partner, parent, and practitioner. White Coat Investor is an affiliate partner

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Realtor

Journal Club 05-19-23 – Passive Income MD

Post Author By Evo Plus
Post Date 21/05/2023

Here’s Journal Club 05-19-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

With all the worrying talks about a looming recession and market uncertainty, does it still make sense to continue investing in real estate? Are you considering purchasing a property but also skeptical about the whole idea and its consequences? Well, in that case, this post is for you… The Physician on FIRE shares more about it in the article – We Bought a House….In This

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Realtor

Wilt Chamberlain’s LA Mansion Bounces Back Onto the Market With Another Big Price Cut

Post Author By Evo Plus
Post Date 09/05/2023

This notable Los Angeles estate has rebounded onto the market—with yet another price reduction.

Built for basketball legend Wilt Chamberlainthe massive dwelling is taking another shot at attracting a buyer.

The enormous, five-bedroom residence was listed for $19 million in 2018 and bounced back last year for $14.9 million. Now, it has returned at $11,995,000—a 37% discount on the original price.

architect David Rich designed this special retreat for Chamberlain in 1971. But it was remodeled in 2008 by the owner Dmitri Novikovwho souped up the kitchen with stainless appliances and modified the lower level to include guest

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Realtor

Built in 1705, a New England Colonial in New Hampshire Is This Week’s Oldest Home

Post Author By Evo Plus
Post Date 07/05/2023

A New England Colonial that was built in 1705 in Kingston, NH, is the oldest home on the market this week on Realtor.com®.

The three-bedroom domicile still boasts eight fireplaces (including one with a beehive oven), exposed-beam ceilings, and wide-plank wood floors.

Other historic homes to hit the market this week include a renovated New England Cape in Connecticut, a property with a carriage house in Maryland, and a log and stone cabin in Virginia.

Scroll down for a full look at this week’s 10 oldest homes.

Price: $650,000
Year built: 1705
Thoughtfully updated: This 3,485-square-foot dwelling is one of

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Realtor

The Most Expensive Home in South Carolina’s History Hits the Market for $22M

Post Author By Evo Plus
Post Date 05/05/2023

The Most Expensive Home in South Carolina’s History Hits the Market for M

Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover.

Dubbed Circle Creek Estate, the massive property features world-class equestrian amenities, including three riding arenas, and a 12-stall barn inspired by Old World Europe.

‘Hand-built from scratch’

Built in 2014, the six-bedroom estate was designed to resemble an English manor. And while the stone home’s price tag is the steepest in the state, “the cost to recreate this property today would be north of $30 million,” according to the listing.

In fact, many of the building materials were eclectically sourced.

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Realtor

Why the Homebuilding Industry Is Hot Now

Post Author By Evo Plus
Post Date 03/05/2023

A number of the large home construction companies reported March quarter results last week.

Beazer Homes BZH beat earnings estimated by 34.5% on revenue that beat by 4.1%.

DR Horton DHI posted a sales surprise of 21.6% and its earnings surprise was doubly as strong at 43.7%.

PulteGroup’s PHM earnings surprise was also a spectacular 32.0%, especially since it came on top of a revenue surprise of over 9%.

Not to be outdone, M/I Homes MHO posted a revenue surprise of 27.0% that generated an earnings surprise of 54.2%.

NVR’s NVR revenue missed by 9.7% although its earnings still surprised

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Realtor

Money is Everything – Passive Income MD

Post Author By Evo Plus
Post Date 03/05/2023

PIMD welcomes Physician On Fire as our guest post. POF is a personal finance website created to inform and inspire both physicians and our patients with insightful writing from a physician who has attained financial independence and the ability to retire early.

Apathy may not be the best word to describe others’ treatment of money. Ambivalence isn’t quite right, either.

People do seem to care about money and they certainly want more of it, but I don’t see a lot of people making wise and sometimes difficult choices that will help them actually grow their money and achieve financial independence.

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Realtor

Journal Club 04-14-23 – Passive Income MD

Post Author By Evo Plus
Post Date 25/04/2023

Here’s Journal Club 04-14-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

More often than not, the problem with owing to a significant amount in taxes could be your under-optimized way of living. You may try different techniques to lower your tax bill but not all strategies are created equal. To help you make a wise decision, The White Coat Investor shares what NOT to do to reduce your taxes in the article – The 15 Worst

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