Last year about this time I wrote a post about the Best Health Savings Accounts (HSAs) for those in my situation, i.e. those using an HSA as another retirement investing account. I was looking for the lowest possible fees and the best possible investments. I ranked and reviewed...
When my wife and I discovered we were having twins I knew my time and energy management skills were going to be put to the test. We already had a toddler at home so we knew what to expect in terms of sleep (or lack thereof) and the...
From The Measure of Plan, comes this wonderful animation showing the volatility of returns over time. In the animation below of U.S. stock market returns show both positive (green) and negative (red) returns over time over 1, 5, 10 and 20 year rolling periods: “To summarize: while the range...
It is that time of year again where medical students and residents are itching to buy a home. Is it the right time for you? Hopefully, after listening to this interview with Dr. Peter Kim, founder of Curbside Real Estate, you will have a clear answer to that...
This week’s Animal Spirits with Michael & Ben is sponsored by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. We discuss: Where we were in our careers when the market bottomed 10 years ago Star fund managers Is Bill Gross happy? Persistence in performance may be...
A fundamental concept of personal finance that Dr. Dahle and I share is that insurance and investing do not mix.  Insurance companies are famous for creating products meant to be “all-in-one solutions” for your financial needs.  Whether you’re seeking life insurance to reduce mortality risk, a tax-deferred savings...
Bill Gross had a surprisingly candid interview with Robin Wigglesworth of the Financial Times this week. Multiple times he mentioned his desire for fame as a fund manager: “I wanted to be famous because I wanted to be loved . . . so I pursued that obsessively,” he reflects...
Doctors are all worried that they are paying too much in taxes. Most of the time they are right. But they usually think it is because they’re not FILING their taxes right, when in reality the reason their taxes are too high is that they’re not LIVING their...
According to the Bureau of Labor Statistics, roughly 14.5 million people in the U.S. are employed in sales. Considering there are an estimated 153 million people employed in the country that would mean around 9.5% of workers are in sales. While one out of every ten workers is technically...
I’ve shared my personal path to FI and we’ve explored a host of scenarios for our hypothetical 4 physicians. Today, I’d like to take a deep dive into the finances of another real physician who we’ll call Dr. E. The name has been changed (it’s not short for Dr. Evil), and...