I wrote this post initially in 2016 and I’m here to give it a bit of an update. Most of it is still written from my perspective in 2016. It’s now 2021 and I’ve had some interesting learning, which you can review at the end of this post. I’ve been giving this some thought the […]
Category: Personal Finance
In this category I focus on all topics from investing to taxes to debt. Personal finance is a great way to make a career headway. The better you can optimize your spending, the less income you need. And the more career freedom you can enjoy.
More than ever I want to insist on the importance of finance freedom for physicians. FF is a term I first came across from a personal finance guru by the name of Joshua Sheats. Time and time again, financial freedom is what’s allowed me to have more career options in medicine. I always assumed that […]
At some point in our lives we’ll be earning the majority of our income from our investments, not from our jobs. For most this will be in the 6th or 7th decade of life. You go from earning $140/hour seeing patients to earning nearly $1,000/hour managing your investments. Hourly Rate of Income A portfolio which […]
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I Bought More Stocks
It’s February 2020 and the market has been supposedly responding to news about the coronavirus. Stocks are down, bonds are up. But, the sun is still out, I’m still retired, and my morning cup of coffee is still delicious. I feel so deliciously human for sharing my morning cup of coffee with the rest of […]
A Radical Financial Makeover Yesterday I published a 20-day guideline for physicians who want to rein in their finances. It was rather benign. I have revised it to make it a little more radical. For anyone who has truly committed themselves to a goal or process, they know that it rarely feels like a sacrifice. It’s […]