I recently went to LA for a conference. It was a medical conference and not all in all that exciting. LA, on the other hand, is pretty amazing. It is as diverse as any major city in the US, and I would argue most US cities are more diverse then the rest of the world. Today I discuss how you can travel internationally without leaving the US.Read more
Today’s guest post is by Anjali Jariwala, a tax and personal finance advisor at FIT Advisors. She is a sponsorRead more
My toddler is a pretty smart kid. He can count to 10, sing the ABCs, and he knows a thing or two about the stock market. Here I share his one secret to successful investing.Read more
Ever wonder what the cost of private education is? I calculated what I saved by going to state school for my medical degree! Check it out here.Read more
Today I am happy to feature a guest post from a family member. We have no financial relationships except that we buy each other beers when we are together. I recently discussed the real cost of homeownership since buying my million dollar plus home. It’s not pretty. The point of the article was that a lot of money goes to things other than principal and interest. Thus, when buying a home consideration should be given for the true cost of maintenance.
In talking to the author of this post, he agreed. He lived in Longmont, CO (the home of the famous Mr. Money Mustache), which by all costs has a reasonable cost of living. He lived in the same home for 14 years and recently sold it as the Longmont market has become more “hot”. Him and his family have since moved to Seattle where they will not be purchasing a home partly due to being empty nesters now and also the crazy housing market there.Read more
I recently posted a graph of my net worth (see bel0w) since I started tracking it in 2014 on twitter. Despite becoming an attending in 2012, I did not track my net worth early on. As you can see, it has been a slow and steady climb to a positive net worth. I posted this and the White Coat Investor stated this is a good case to discuss one house, one spouse, one job. A mantra for stability and progress.Read more
Today I am joining the chain to discuss FIRE Prowess. It was an idea started by The Green Swan and you can read about his idea in detail here. The FIRE Prowess gives you an idea of how well you are doing saving/investing relative to earning.
So check out my Fire prowess score and find out what yours is…Read more
One of the biggest reasons people give for buying a home is the mortgage interest deduction. While the deduction isRead more
Ever wonder how to invest in a taxable investment account. From capital gains tax, tax loss harvesting, and asset allocation; we discuss it all here.Read more
I was recently approached by a friend. They were concerned about some investment options that a family member was involvedRead more
I am joining the chain with my draw down strategy. This is a post started by Physician On Fire and taken and catapulted by Fritz at The Retirement Manifesto. There are now 13 people on the chain, and I will make lucky number 14.
Mine is unlike the others, and here is why. I have a job with a sweet pension. I mean a really sweet pension. The golden handcuffs as my colleagues joke. If I work at least 60% of the time until I am 60 years old (23 years from now) then I get free healthcare for life and a nice monthly pension check. What does this do to me?Read more