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The following post contains affiliate links. If you sign up through this site, I stand to make a modest commission. For those of us interested in pursuing early Financial Independence, fundamental assumptions that hold true for the population at large are not necessarily true for physicians and other high-income professionals. I recently posted about how a friend challenged my assumptions …
[Ed. note: This post is best consumed in combination with the comments that follow. I consider it an important personal lesson in 1) tempering the investing piety (defined as accepting a particular investing philosophy with unthinking conventional reverence) that often accompanies a financial literacy conversion experience, and 2) hubris in expressing criticism toward the efforts of a fellow blogger. I …
This past week I went hiking with an intellectually rigorous friend. He is a law professor, and part of the pleasure of our friendship is that we often come at a similar problem from different analytical angles. He’s also one of the folks I can freely geek out over finance with, knowing his eyes won’t glaze over. I was describing …
Until June 3rd, 2018, you can use THIS LINK to get $100 off the regular price of the White Coat Investor’s take-it-at-home version of his first Physician Wellness and Financial Literacy Conference ($199 with my link; $299 regular price after that date). If you use it I make a small commission at no additional cost to you. The good Dr. …
A big part of my motivation to cut back on shifts is to spend more time with my kids, currently finishing the second and fourth grades. I’m a hands-on dad. I know their teachers, volunteer in their classrooms, and their classmates know me. Not all the time I spend with them is roses and sunshine. On a recent weekend morning …
Old school medicine was not conducive to balance. Your family got the scraps of time leftover after your patients had staked their claim. Cutting back on your clinical load was done reluctantly, of necessity. You cut back because you needed your aortic valve replaced, and your energy in clinic never fully returned; because the diagnosis of Parkinson’s meant you could …
When I was a medical student, the folks who wanted to enter emergency medicine seemed to fit a certain mold of effortless atheleticism: rock climbers, surfers, weekend soccer league players, people whose cords of toned muscle rippled under zero percent body fat. One of my UCSF classmates who went into EM auditioned and made the final cut for an Abercrombie …
A key component of any financial plan includes an investor policy statement (IPS). The idea is to identify objectives, map a route to reach them, and detail the logistics in a manner where you can hold yourself accountable to the plan you create. This is critical because in defining a specific course of action you create a model to stick …
Last week, I read this incredible story in the New York Times about Sylvia Bloom, a 96 year old legal secretary who lived humbly and left an eight million dollar legacy to local charities on her death. A few highlights in the life of an extraordinary woman: She worked for 67 years and retired at age 96 She was the …
[Note: I keep an updated list of Physician Finance Bloggers here, but this is the original post that helped me find everyone else!] The FIRE has spread! Physician finance blogs began as a niche with a single dominant early presence (the White Coat Investor). Those days are long gone. Here are the docs in finance I follow: A Good Life …