I read a Facebook post asking what people were doing about the recent market drop. As much as I watch the market (very rarely), I didn’t know the market had dropped until I read that comment. This question was raised on a site that is constantly teaching people that there is no way to time … Read more
(Doximity recently published this article of mine emphasizing eight critical things for a new attending to do. It originally appeared here, but some of you are not on Doximity so, with Doximity’s permission, I have republished it on my site for your reading pleasure) Here are eight things to do as a new attending that … Read more
(Today’s guest post comes from a retired dentist who was conversing with me about his life. I thought he was a great example of not needing to be a billionaire to enjoy your retirement. In fact, he has been retired for twenty years and did so with less than seven figures in his retirement plan. … Read more
I recently read an article by DocG titled Inefficiency and Luxury in which he stated that he has never tried to get any frequent flyer rewards, and in fact doesn’t even have a frequent flyer number. This statement left me a bit confused when I first read it. I’m not one who likes to leave … Read more
I was recently asked what it was like to live the FatFIRE life (Financial Independence, Retire Early, but not on a skimpy budget). After I told my story, the other person said I was not FatFIRE, I was ObeseFIRE. I began to think about what they were saying and realized I really am living a … Read more
I am often asked the question, “Is it better to pay down debt or invest?” It is uncanny how often this question comes up. This question is asked as if those were the only two options to choose from. I never hear, “Should I go on a three week trip to Paris or invest?” “Should … Read more
Back in 2001 we paid off our last personal loan, our home mortgage. At that time, we decided to begin investing in real estate with the money that used to go towards digging us out of our personal debt. Our real estate was held in an LLC and we acquired loans to purchase these properties. … Read more
There are things on our bucket lists that take preparation and a great effort to accomplish. Climbing Mount Everest, for example. Others take a lot of time to complete, like an around the world cruise. My wife and I just finished one of these bucket list items that took both a lot of preparation and … Read more
(This week’s guest post comes from Andrew at LendEDU) Becoming a physician requires years of formal education, and that commitment often comes with a hefty price tag. Recent statistics from the Association of American Medical Colleges highlight this reality, estimating that physicians leave medical school with an average of $196,520 in student loan debt. This … Read more
Many times blog questions appear as an either/or issue, as if there were only those two choices. Often I see questions such as ‘should I pay off debt or invest?’, ‘should I save for retirement or for my kids college?’, ‘should I buy stock or bonds?’, ‘should I plant tomatoes or cucumbers?’ It is entirely … Read more