Docs Outside The Box 028 – Financial independence with blogger Physician on Fire
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This episode I’m choppin’ it up with the anonymous and famous physician blogger Physician on Fire! Started back in January 2016, Physician on Fire is a website on personal finance, early retirement, medicine and everything in between. From humble beginnings to now one of most visible physician personal blogs out there – it really has been amazing to watch the growth of his website.
Talk about practicing what you preach!! Physician on Fire has become financially independent at the age of 39!
Physician on Fire graduated from undergrad and medical school from the University of Minnesota. He currently practices in Minnesota as an anesthesiologist.
Things to pick up in this episode:
- What it means to be financially independent
- What the meaning of F.I.R.E. means
- The difference between wealth and income
- His advice for medical students and residents to start on the path to financial independence
- Simple strategies of investing
- His thoughts on Roboadvisors vs. Financial Advisors vs DIY
- How he answers #imnotjustadoc
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Article links:
Life on half challenge – http://www.physicianonfire.com/half/
Geographic arbitrage – http://www.physicianonfire.com/geographicarbitrage/
The Student Loan Resource Page – http://www.physicianonfire.com/loans/
Investment Fees will cost you millions – http://www.physicianonfire.com/investment-fees-will-cost-millions/
Jim Collins – http://jlcollinsnh.com/
The White coat Investor – https://www.whitecoatinvestor.com/
Bogleheads – https://www.bogleheads.org/wiki/Main_Page
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