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December 12th, 2014

Friday Q and A: Cash Houses vs Mortgages, Speculative BioTech Stocks in an ESA, Physician Private Practice vs Hospital Job, Accounting for Business Deductions, Multi-Family Living, 529 Plan Qualified Expenses, Inflation Rates, Gifting Money to Kids RPF018

  1. Friday Q and A: Cash Houses vs Mortgages, Speculative BioTech Stocks in an ESA, Physician Private Practice vs Hospital Job, Accounting for Business Deductions, Multi-Family Living, 529 Plan Qualified Expenses, Inflation Rates, Gifting Money to Kids RPF018 Joshua Sheats 1:56:54

Today, we have a really fun Q&A for you! I hope you enjoy!

Here are the questions I answer:

  • 2:25 If I have the cash, should I pay cash for a house or invest it?
  • 17:13 Should I use my Coverdell ESA to speculate on early-stage biotech stocks?
  • 28:05 Should a physician try to continue a private practice with a partial ownership interest or take a full-time hospital job?
  • 40:38 How can I account for the business deductions in my side business?
  • 49:40 Is multi-family, multi-generational living a good idea?
  • 1:03:40 What do I need to know about disability income insurance?
  • 1:26:03 Which college expenses can I pay for out of my 529 account?
  • 1:33:27 Why do I use different inflation rates on calculations?
  • 1:39:26 What kind of account can I use to gift money to my nephew?

Enjoy!

Joshua

Links:

Joshua Sheats Teacher, Host, Broadcaster, Entrepreneur

Joshua J. Sheats, MSFS, is the world's leading authority on integrating lifestyle goals and money goals without conflict. He teaches normal people how to seamlessly connect the science of financial planning with the joy of goal achievement.

Joshua is dedicated to helping normal people achieve financial freedom by merging creative (and crazy) ideas from the world of personal finance with the academic integrity of formal financial planning. He simplifies complex money topics and makes boring financial mumbo-jumbo less boring.