Last summer I wrote an article including the benefits of paying off low interest loans titled, You Should Pay Off That 3% Home Mortgage. I was surprised that many people totally missed the main point of the article; we must not have tunnel vision when making decisions. Many of us make decisions using only one … Read more
This month marks seven years since I left the hospital as a working physician for the last time. That wonderful walk took place in Lebanon, Oregon, my final locum assignment, to the song 18 wheels and a dozen roses, by Kathy Mattea. At age 54, I wondered if we had enough passive income and retirement … Read more
Many people are under the impression that financial independence (FI) is a number or a destination. For example, once I have a net worth of ‘X’, I will be FI and life will begin. I encountered this attitude during a dinner conversation I had at a conference last weekend with a doctor who is two … Read more
(This article turned out to be way too long, so I broke it into three parts. Part 1: Pre-Cruise is the preplanning and the three days we spent in our embarkation city. Part 2: The Cruise is all about the ship and the cruise. Part 3: Post-Cruise is the three days we spent in the … Read more
As I encounter information I feel is especially valuable I like to pass it on to my readers. Following are a few examples of some recent gems. I hope you find them as useful as I did. This episode of Fawcett’s Favorites includes many physicians wasting their vacation time, everyone should be maxing out their … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include why every physician should own a timeshare for travel hacks, self-funding long term care, twelve rules to break on your path to wealth … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include pay off debt vs invest, how much does it take to be happy in retirement, nurse practitioners have worse outcomes at a higher … Read more
I recently attended two in person conferences that discussed attaining side gig success. One was for financial internet influencers and the other was for real estate investors. I noticed an alarming trend. Many who have become successful with their side gig have not escaped the problems they were striving for their side gig to solve. … Read more
(Don’t forget to get your tickets to the PIMD Real Estate Conference coming in late September. I hope to meet many of you in person and in the mastermind groups at the event. You can also stay home and enjoy the conference virtually.) Several years ago, while my wife and I were traveling in Europe, we … Read more
(The $0.99 introductory price on my new best-selling book ends today. Don’t miss out!) Many people have told me they want to get rid of their timeshare because they don’t like paying the maintenance fees. When I hear this, I want to shout out to them DON’T GET RID OF YOUR GOLDEN GOOSE! If one … Read more
