Below you'll find a list of all posts that have been categorized as “Uncategorized”
An Unexpected Pivot My father spent most of his career in sales and marketing, which is why he it surprised us all when he opted to pursue an encore career as a substitute teacher for junior high and high school students. In retrospect, it made perfect sense, what with his primary qualification being that he is an eleven year boy …
My dad has been going through some difficulties with his health. Lately, most of our emails back and forth are about his latest test results and what they mean. That’s a weird place to be as a son, but not entirely unexpected when you are the child who became a physician. Whether you feel comfortable in the role or not, …
The progression toward financial independence can be encapsulated in two distinct life stages: the hunt and the feast. Some will spend their lives in a perpetual hunt, holding out for large game that may never come. These folks move the goal posts so far forward they risk never scoring. Others shorten the hunt by accepting a feast that is slightly …
My invisible friend and fellow physician finance blogger, Matt Poyner, invested two years of his life in creating a talk for his fellow docs. Why might his education (formal and informal) and experiences compel you to spend an hour of your time with him? Matt is a Canadian ER doc, married and a father of four boys, who sold his …
At the start of 2020 we revised our asset allocation, reducing equities while increasing fixed income. Serendipity had brought us closer to the finish line more rapidly than we’d anticipated, so we wanted to avoid giving up those extra gains. We made the move to heed Bernstein’s dictum that the goal of investing was to not die poor. Part of …
A wrecking ball wreaks havoc and leaves a trail of destruction in its wake. A bulldozer, in contrast, plows straight ahead flattening all obstacles that lie in its path. In my enthusiasms, I have been accused of being a bulldozer. When I get excited about something, I talk it over with friends and family. I ask my most valued advisors …
I think it was my wife who introduced me to a uniquely useful definition of aging: accepting the formerly intolerable. This phrase was front and center in my mind as I went through a recent roller coaster ride on a real estate deal, one where each new twist and turn revealed an additional cost, a worse than anticipated interest rate, …
The gospel of real estate has received a lot of air time on Big Physician Finance recently. I consider myself to be on good terms with the powerhouse physician finance bloggers (even if all but a couple couldn’t pick me out of a lineup). I realize that’s such a niche market that it’s akin to boasting of your band’s status …
Doc 2 Disco is a refreshing new voice in the physician finance blogosphere, urging her readers to “tackle the burn through personal finance and hustle.” A highly-trained, dual-boarded specialist within a niche area of medicine, on the surface she might seem the unlikeliest of candidates to walk away from her career. Like many of us, an accumulation of ever-increasing aggravations …
The pursuit of financial independence linked to the desire to spend some of my adult years pursuing activities other than medicine can seem like a deeply lazy indulgence to many colleagues. Choosing to leave medicine in these prime adult years by these folks is seen as twofold betrayal. First, there is the obvious implicit lost income during one’s peak earning …