Holy Stealth Wealth Part II: Developing an Investor Policy Statement

Black Hills railroad

To recap, in Part I, we met Dr. SW, decided on a simple three fund portfolio for his investments, and toyed with the idea of a donor advised fund. Today, we will expand upon that last idea, make a plan for his kids’ future, touch on insurance and asset protection, and last but not least, develop an investor policy statement. Please keep in mind that I am not a financial advisor and the only letters behind my name are M.D. I am relying on the knowledge I’ve gained from a healthy dose of reading and personal experience, and on the […]

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He Earns $1,800,000 a year. He spends $70,000. Holy Stealth Wealth!

Millionaire Home

I was browsing the Bogleheads forum a few weeks ago, the way I often do. One particular thread title caught my attention. “High Income Earner Humbly Seeks Advice” I write for high income professionals, and the humble ones are my favorites. I decided to take a peek to see if I could offer any advice. After reading through the post and mostly excellent responses, I didn’t necessarily have a lot to add — we Bogleheads know our stuff — but the sheer volume of information pouring in was a bit overwhelming, sometimes conflicting, and a whole lot to take in for […]

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Stealth Wealth: I’m Just an Ordinary Average Guy

I’ve been publishing a Sunday Best series for better than six months now. While I’m certainly not the first to compile and present a weekly collection of posts I’ve enjoyed, the concept has proven to be quite popular. The post is usually well read, and many featured posts get at least a hundred clicks the first day. It’s not Rockstar Finance popular, but it does direct some traffic. One fringe benefit that I receive is a look at what sort of articles are popular with my readers. In recent weeks, I featured several articles on something called Stealth Wealth from bloggers […]

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2017 Q3 PoF Portfolio, Spending, and Blog Performance Update

It’s time for a quarterly update on our investment portfolio, our family’s spending, and blog stats. Another quarter has come and gone, and the overnight freeze warning notification on my new phone is one of many indications that fall has clearly arrived. I’ve been looking forward to this time of year. The part time portion of my career began last week, but I’m putting my time in this week, getting all my monthly hours in over the next eight days. Free time will be limited, so let’s get right to those updates.   2017 Q3 PoF Portfolio Update   Below […]

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2017 Q2 PoF Portfolio, Spending, and Blog Performance Update

With the third quarter nearly halfway over, I may be a bit overdue with this one, but better late than never, right? One advantage to getting this out late is the ability to include some sites’ quarterly reviews which don’t come out until a few weeks into the subsequent quarter. I will share those with you, along with updates on our family’s spending, and a look at some blog statistics from its sixth quarter in existence. 2017 Q2 PoF Portfolio Update   I’ve described my portfolio and some rationale for what I own previously. The image below is a snapshot […]

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The Sunday Best (8/6/2017)

Sunday Best Dino

The Sunday Best is a collection of articles I’ve curated for your reading pleasure. Expect most of the writing to be from recent weeks and consistent with the themes presented on this website: investing & taxes, financial independence, early retirement, and physician issues.   Presenting, this week’s Sunday Best:   The 23-Year old Zach of Four Pillar Freedom asked 29 top bloggers plus me to share 140 characters of wisdom in a virtual time machine. I gave dating and drinking advice; see what the others said in 30 Financial Bloggers Share Tweet-Sized Advice They Would Give to Their 23-Year Old Selves.   […]

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2017 Q1 PoF Portfolio, Spending, and Blog Performance Update

Another quarter has come and gone, and I thought it would be a fine time to update you on my portfolio, the markets in general, and some facts and figures regarding the blog.   PoF Portfolio Update   I haven’t made any significant changes to my investment portfolio. I have added a solo 401(k), which gets a portion of website profits. The account represents 0.15% of the overall portfolio.     My taxable account has TLH (tax loss harvest) trading partners VFIAX (S&P 500) and VTSAX (total stock market). The international funds are also TLH partners, although not ideal, since one […]

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The Sunday Best (2/5/2017)

The Sunday Best is a collection of a handful of posts I share with you each week. With so many informative and inspirational writers out there, I have no trouble coming up with a number of worthwhile reads each week. Every featured post should be of interest to any physician seeking financial independence. Some will be written by your physician colleagues; others will be written by our friends and patients who share common goals and interests. Presenting, the Super Bowl LI edition of The Sunday Best:   If I leave my job in the next year or two, will I really be “retired.” Nah… I’ll […]

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The Sunday Best (11/13/2016)

The Sunday Best

The Sunday Best is a collection of a handful of posts I share with you each week. With so many informative and inspirational writers out there, I have no trouble coming up with a number of worthwhile reads each week. Every featured post should be of interest to any physician seeking financial independence. Some will be written by your physician colleagues; others will be written by our friends and patients who share common goals and interests. Presenting, this week’s Sunday Best:   It warms my heart to see the terms Mustachian and Doctor share space in someone else’s post title. Smart Money MD asks How Mustachian Can […]

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The Sunday Best (10/30/2016)

The Sunday Best

The Sunday Best is a collection of a handful of posts I share with you each week. With so many informative and inspirational writers out there, I have no trouble coming up with a number of worthwhile reads each week. Every featured post should be of interest to any physician seeking financial independence. Some will be written by your physician colleagues; others will be written by our friends and patients who share common goals and interests. Presenting, this week’s Sunday Best:   A couple of my favorite physician bloggers teamed up as Future Proof MD guest posted @ The White Coat Investor in a personal piece, […]

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The Sunday Best (10/23/2016)

The Sunday Best

The Sunday Best is a collection of a handful of posts I share with you each week. With so many informative and inspirational writers out there, I have no trouble coming up with a number of worthwhile reads each week. Every featured post should be of interest to any physician seeking financial independence. Some will be written by your physician colleagues; others will be written by our friends and patients who share common goals and interests. Presenting, this week’s Sunday Best:   The Drs. Holleman made a choice to work part-time when their two kids were quite young. Read their thoughtful commentary and rationale @ KevinMD in Why […]

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Blogger’s Corner

Welcome to blogger’s corner, the page in this site with information that might be interesting to fellow bloggers, and pretty uninteresting to anyone else.  New or updated information will appear here from time to time. I’d like to share some behind-the-scenes information regarding this site, its readers, and the numbers that can be gleaned from nifty features, like Google Analytics. January 10, 2017   At the one-year mark, I’d like to share an update. E-mail subscribers have seen these stats, along with site revenue information that I only share via the e-mail list. Thank you all so much for helping make […]

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When the New Car Bug Bites

Acura NSX Black

[PoF: Today’s guest post comes to us courtesy of Dr. Cory S. Fawcett, a general surgeon who quite recently retired early from clinical medicine in his mid-fifties. Notice I didn’t simply say he retired. The good Dr. Fawcett remains busy, having published The Doctors Guide to Eliminating Debt, The Doctors Guide to Starting Your Practice Right, with a third book in the series due out soon. He also writes at his own site, provides one-on-one financial counseling, and is a public speaker. Let’s see what Dr. Fawcett has to say today.]   When the New Car Bug Bites   These […]

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