Archive | September, 2013

Risky Business

If you want to retire at a younger age than average, or if you want to live off your money by allowing your money to make money, then there are really two things that you must do as soon as possible. The first (and most important) is to kick up your savings percentage. And the […]

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Birds Eye View

Before we get into the weeds about all of the particulars of playing the miles game (and we will get into the weeds,) it would be useful to look at the whole endeavor from a distance. We should answer some basic questions. Q: Why play the miles game? A: The reason to play the miles […]

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Passive Aggression

When it comes to investing, you’ve got to decide what camp you are in. Are you a market timer? Are you someone who believes in fundamental analysis? Do you believe in hiring experts who can do a better job than you? Do you believe in active investing? Or are you a passive indexer satisfied to […]

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What’s the score?

As we discussed in The Miles Game one of the prerequisites for getting into the game at all is tracking and maintaining a good credit score.┬áBut how does one go about doing this? Well, the first thing to do is to get a free copy of your FAKO scores. Credit Sesame and Credit Karma give […]

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Gambling with your retirement

I’m not much of a gambler. I never play the lottery. I’ve never met a bookie. And I can’t stand Las Vegas. The truth is I just don’t like losing money. But I can see the the allure of gambling. As an example, as a college student I went to the Del Mar racetrack in […]

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The Miles Game

The best decision I ever made was asking my wife to marry me. At the time I was a poor medical student in New Orleans and she was a beautiful Japanese woman who had recently graduated college in Tokyo. When she said yes I was very happy. But I was also aware that I was […]

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WARNING: This Post May Change Your Life….

How much money do you need to retire? Whenever I’ve wondered this before I’ve ended up staring blankly at complicated retirement algorithms which asked me to estimate my cost-of-living in the future, future expenses, health care and education liabilities…. At some point I figured, “Aaahhh, this stuff is unknowable I’ll just max out my 401(k) […]

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Dammit Jim, I’m only a doctor, not a….

I’m not a life coach. I’m not a financial planner. I’m not a travel agent. So why write a blog about, of all things, early retirement and traveling for free? I suppose that the answer is, because these subjects are interesting. And one of my personality traits is that when I get interested in something, […]

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