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 …
Physician Finance Bloggers: 50 Of Them
[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 …
You Must Be As Tall As This Sign
As a high school student, I was curious (double entendre entirely intentional). I read to escape from my safe suburban bubble and for exposure to new ideas. When I found a concept that rocked my world and challenged my assumptions, I sought other curious souls to share my excitement with. My focus was directed just beyond my current horizon. I …
Home Schooling: Educational Independence
[Ed: If you follow physician financial blogs or fora, you’ve undoubtedly come across the prolific comments of Gasem, a retired 60ish anesthesiologist whose unusual life trajectory cannot be done justice by a brief introduction. His writing is brutally honest, his insights are rational yet run counter to accepted dogma, and his prose is engaging and manic. Many of us pursuing …
FI-iku: Financial Independence Haiku
Financial Independence involves striking a balance between minimalism and enough. What better medium to represent this balance in verse than through Financial Independence haiku, or FI-iku? Heart in hand and tongue in cheek, a ragtag band of personal finance bloggers convened to distill our words to their fundamental essence. Here’s what happened when geeky met artsy. After FI I Still …
Have You Completed Your AME (Anecdotal Medical Education) Requirements?
As a reformed academic, I still have moments of unrequited yearning to teach the young (defined as my age minus ten years). While I enjoy sharing interesting x-rays or clinical findings with our techs, nurses, and the docs I work with, my favorite teachable moments fall under the category of Anecdotal Medical Education (AME). Most of us working in the …
What Does The Zen Master Say About Market Timing?
Lately there’s a lot of talk among newbies on the Physicians On Fire facebook group about how they are tempted to practice market timing: hold onto their cash and strategically wait for a market downturn to invest on the dip. Given the famously poor relationship we docs have with our money, it’s evocative of the famous quote attributed to investor …
Not Your Typical Warren Buffett Article
David Sedaris once wrote a piece about walking into a curio shop and seeing a large bowl filled with prosthetic glass eyes. He reaches into the bowl, grabs an eye and holds it up to his own. Then he sees a sign stating, “Please do not hold glass eye up to your own to pretend it is yours as the …
That’s Not A Health Plan. That’s Wishful Thinking.
I love that the FIRE blogging community makes our health a priority. It’s clear that taking responsibility for your finances goes hand in hand with taking responsibility for your physical well being. I take voyeuristic pleasure in reading prominent bloggers’ accounts of milestone physical achievements, and share their vulnerability when they confess their dietary indiscretions to a readership that …
A Master of Public health Takes Issue With A Master Of Finance
Like many of us in the FI blogging space, Mr. Money Mustache is the reason my blog exists. I’ve never met Pete, but by all accounts he seems like a charismatic and responsible human being, and I have great affection for the cult he’s created. Still, something on his blog has gnawed at me for years, and I’d like to …