S7, Episode 8 - Why I Hate Illiquid Investments

The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education

All about Illiquid Investment

When the market is going through one of its many highs and lows, it seems like everyone has something to say. However, what you might not hear a lot about are illiquid investments—assets that may be hard to sell quickly and can take time to turn into cash.

If you are unfamiliar with illiquid investments, you've come to a good place.

In this episode, Dave talks about...

• What to watch out about Illiquid Asset
• Different kinds of financial advisers / financial planners
• About Direct participation programs
• What does a broker-dealer do?
• Why many doctors are given horrible advice by shady advisors
• Listen about a physician client that was based in the Cayman Islands
• The big problem with Illiquidity
• What is the best thing to do in Investment rather than having completely illiquid?
• Few different things that Dave’s advice as to ways of vetting this kind of investment

Resources Mentioned In This Episode

Website

Locum story

Email:

[e-mail]

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

----more----

----more----

Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.