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The Sunk Cost Fallacy – Passive Income MD

July 12, 2026

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

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From secret golf courses to a $3 million car, here’s how Michael Jordan makes and spends his $1.6 billion fortune

July 2, 2026
Michael Jordan

Michael Jordan’s net worth is estimated at $1.6 billion, according to Forbes.Jordan Brand via Getty Images

Michael Jordan was already a billionaire, and now he just added to his fortune.

The NBA announced that Jordan was selling his majority

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Journal Club 06-02-23 – Passive Income MD

June 20, 2026

Here’s Journal Club 06-02-23! 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!


  • As high-income earners, most of
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Best-Selling Author Dennis Lehane Is Turning the Page on His $3.3M LA Home

May 25, 2026

Dennis Lehane, whose dark and twisty novels have won him accolades, is looking for a buyer to write him an offer on his lovely Los Angeles home. The asking price is $3,295,000.

Lehane penned “Gone, Baby, Gone” and “Mystic …

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Journal Club 04-28-23 – Passive Income MD

April 22, 2026

Here’s Journal Club 04-28-23! 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!


  • Do you have an existing
…Continue Reading

Takeaways from Mayor Indya Kincannon’s plan to ‘lift up all Knoxville residents’

March 17, 2026

The term “state of the city” is a bit misleading, as it suggests only a snapshot in time. Rather, Knoxville Mayor Indya Kincannon’s annual address April 26 laid out where the city is going as a new fiscal year approaches.

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Realtor.com® February Rental Report: Many Americans Are Spending More Than They Can Afford on Rent

January 25, 2026

Realtor.com® February Rental Report: Many Americans Are Spending More Than They Can Afford on Rent

The least affordable metros where people spend more than 30% of their salary on rent are: Miami, Los Angeles, New York, San Diego, Riverside, Calif.,

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HP Realtors exec resigns

December 25, 2025

Mar. 18—HIGH POINT — The High Point Regional Association of Realtors is once again without a full-time leader on staff following the resignation of Association Executive Joe Sutliff.

He stepped down from his post with the trade group that represents

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Tiny drop in home prices as Las Vegas market stabilizes — good news for buyers, Realtors say

December 5, 2025

LAS VEGAS (KLAS) — Home prices have stabilized in Las Vegas over the past two months — a big advantage for buyers, according to information released Tuesday morning by Las Vegas Realtors (LVR).

After prices that jumped or plunged as

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Want to Know How the Housing Market Is Doing? Follow Mortgage Rates.

November 19, 2025

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Since the Covid-19 pandemic began nearly three years ago, housing market trends have been driven in part by mortgage rates.

Patrick T. Fallon/Getty Images

The normally-busy spring home buying season is in its early days—but what lies in

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