Beyond Index Funds: A Dentist's Bold Bet with Dr. Deren Flesher

Author: Tooth and Coin
Published: Fri 20 Dec 2024
Episode Link: https://tooth-and-coin-podcast.simplecast.com/episodes/beyond-index-funds-a-dentists-bold-bet-with-dr-deren-flesher-ZnyG1yHV

Dr. Deren Flesher is back, and together we dive deep into the world of alternative investments and what every savvy dental practice owner needs to know before stepping outside the realm of traditional assets. We kick things off by defining alternative investments and exploring why they’ve become such an intriguing option for those looking to diversify their portfolios. Dr. Deren shares his insights on the challenges of scaling private investments and the potential rewards, like passive income and the tax benefits that come with these strategies.

We also discuss how the Legacy Point Group is making waves with innovative investment strategies designed to help business owners achieve their financial goals. As a CPA, I provide a unique perspective on evaluating investment opportunities, pinpointing potential pitfalls, and categorizing risky investments into four critical categories you don’t want to overlook. Dr. Deren and I also highlight the importance of due diligence and the vetting process necessary to protect your financial future.

Whether you’re curious about dipping your toes into alternative investments or want to ensure your current strategies are rock-solid, this episode is packed with actionable insights. Tune in to discover how to leverage alternative investments to grow your wealth while avoiding the common traps that can derail your success!

What you'll hear in this episode:

[0:15] The Concept of Min-Maxing

[1:30] Passive Income and Public Markets

[2:30] Defining Alternative Investments and Their Tax Benefits

[7:45] A CPA's Perspective on Alternative Investments

[9:00] Evaluating Investment Opportunities

[11:50] Diversification Beyond Stocks

[14:15] Four Categories of Risky Investments

[16:25] Complicated Entity Structures

[22:40] Due Diligence and Vetting Process

Learn more about Legacy Point https://legacypointgroup.com/

Email Deren: [email protected]