A FIRE’d surgeon, Cory Fawcett, MD, has written many finance books aimed directly at physicians. DH and I have enjoyed Dr. Fawcett’s books. The latest one, Navigating a Financial Crisis, is just as good, if not better than his previous books.
Continue reading “Navigating a Financial Crisis by Cory Fawcett, MD: A Book Review”
Bonnie Koo, MD of Wealthy Mom MD has written a finance book for females. Before I tell you about my book review, let me tell you about Dr. Koo. She’s a board-certified dermatologist best known for being passionate about teaching personal finance strategies designed specifically for women physicians since 2016. Dr. Koo has gone on to become a certified life coach with The Life Coach School.
I’ve been so excited for years for this book to come out because I knew she had a great money book for women—and the specific challenges women face with money—in her. So I eagerly loaded Dr. Koo’s book up the first chance I got and listened to it while driving from Tampa to Gainesville.
Continue reading “Defining Wealth for Women by Bonnie Koo, MD: A Book Review”
Often when a blogger drops off the face of the earth, it’s because something happened, like divorce or else health issues, like a Glioblastoma. For DH (Dear Husband) and I, it’s been something else entirely. Or somethingS else. Over the past few months, I feel like we’ve been barely treading water with massive waves overcoming us. But, like a Chumbawamba song, every time we get knocked down, we’ll get back up again.
Continue reading “Spending Habits for Professionals Who Want to FIRE: I wrote a book just for you.”
If you want to get your finances in order and don’t know where to start, then you need to be visiting the Bogleheads on at least a weekly basis. We often type “Bogleheads” and whatever questions we have into google and click on the links that come up. Just starting out and want to know the difference between FSA’s and HSA’s? Go to the Bogleheads. Want to save money on cooking? Yes, there’s even a few Bogleheads discussion threads on Instant Pots.
With that being said, DH has returned to give you all a top five picks of the Bogleheads for the month. In our next post, B.C. will return with a 5 part (!) series where we share our scar tissue from our amazing trip to Machu Picchu. Continue reading “The financial website that will save you millions of dollars”
Here’s another blog from DH on how to make yourself infinitely happier in life. In response to Crispy Doc asking, “What’s the nicotine gum equivalent for portfolio OCD?” DH wrote an entire blog on habit change to answer this question as a follow-up to his blog from last week about why you should only be checking your portfolio every six months: Continue reading “How to Make Yourself Happier by Stopping Yourself from Checking Your Portfolio too Often”
Today’s post is brought to you by DH, aka “Dear Husband,” though I’ve taken to calling him my “BHE” (Best Husband Ever). The timing of checking one’s net worth was a subject we were discussing while on Sabbatical in Colombia, and he decided to put it the why’s and how’s into written form, hoping you all would benefit from his research: Continue reading “Why You’ll Be Happier if You Only Look at Your Portfolio Every Six Months”
Even if you’re not a blogger or podcaster, if you’re a regular reader or listener, it would behoove you to attend at least one FINCON . Here are the reasons why: Continue reading “10 Reasons Why You Need to Attend a FINCON”
Behavioral finance is a growing field with bright minds uncovering irrational decisions humans make. Many errors can be avoided, we just need to be consciously aware of these possible traps.
According to Terrance Odean*, investors usually sell stocks that have gone up and hold onto stocks that have gone down. This is known as the “disposition effect.” Further studies show shares sold tend to keep going up and stocks held continue to drop. This alone leads to most investors getting a lower return on their investments.
Continue reading “Are your finances suffering from the Behavioral Finance Error of Disposition Effect? (blog by DH)”