Below you'll find a list of all posts that have been categorized as “Uncategorized”
Your dentist constitutes an intimate relationship. Like the little birds hopping in and out of the crocodile’s teeth, there’s a level of trust implicit in letting another human being near your mouth. Once you understand the anatomy of the carotid artery, the level of trust deepens substantially. A dear friend once proclaimed that you can’t truly call a place home …
One of the great pleasures of this blog has been getting to befriend and learn from other physician finance bloggers. It’s an even greater privilege when they offer to share their playbook for how cutting back their clinical hours helped them achieve their goals. I met Wealthy Doc in a bar in Orlando, but we weren’t living out the lyrics …
Dad called a couple of weeks ago to let me know that the condo in Miami was sold. He sounded weary over the phone, as if resigned to the amputation of a dead limb whose weight he could no longer bear. Selling his stake in the Miami condo, that storied unicorn purchase made decades ago, was a profound symbolic shift. …
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, …