This is an ode to my one pair of pants. It really is a certain way of thinking about things. I am a woman and I think this way. Guys I’ve upped the ante for you. I have one pair of pants. You read that correctly. I have shorts for the summer but for most of the year I wear one pair of pants. It is a pair of black Outlier Slim Dungarees. It was essentially built for cyclists which means it is durable. I…Continue Reading “Ode To My Pants”

This is a fun post for me. I will document how I bought my personal home. I have been reading blog posts dealing with issues of the Doctor House. This was my journey. The Homes House 1- The old house my husband bought before we married. House 2- A duplex purchased with my parents. House 3- Our current multiplex. Shortly before we married, my dear husband had the grand idea of buying an old house on a large plot of land. It was only liveable…Continue Reading “The Anti Doctor House”

By now, you are well aware that I detest complexity in most areas of life. I am beginning to declutter my financial life as well. The release of the Vanguard All-In-One Funds in January 2018 have been a game changer. VGRO is the one I currently own. I have decided to follow the simplest strategy of all. Buy VGRO in the TFSA each January. With no RMD requirement, a TFSA should be the longest of long-term investments. I love the pure simplicity of a financial…Continue Reading “The One Fund Solution”

Money is such an emotionally charged subject. There are those who are passionate about it and those who cower in fear of it. It is so important to people that many can not discuss it without arguing. The range of “how much is enough” money is vast. My Enough I had enough when I was 36 years old. I had a networth of about 1.5 million or so. Our family living expenses were about 30K a year. Based on my new found FI lingo, that…Continue Reading “The Point Of Money”

Many of us in the physician FI blogs have children. In fact, many of the guys have 3 or 4 children. You guys are very fortunate by the way. I wanted more children but got seven miscarriages instead. So although your lives feel crazy busy at times, be grateful for your blessings. In any case, it appears that many families are concerned about wealth dissipation within one or two generations. In fact, the statistics I have read state that 70% is lost in the second…Continue Reading “Responsible Living Inheritance”

My dear husband has been wanting to buy a kayak recently. This got me thinking about this post. We think marriage resembles a rowboat. And it is much easier to row a boat with two people versus one. We know of marriages where one partner is frantically bailing while the other one is busy poking holes in the rowboat. We also know of scenarios where each partner is sitting at opposite ends and rowing in the opposite direction and no one is going anywhere fast….Continue Reading “Life In The Rowboat”

The Financial Plan 2018 Corporate Accounts The passive income of 50,000/ year and then you lose the Small Business Deduction(SBD) has begun. And then you get to pay more tax. Plan Do not risk my cash into the market until it is worth my while. Like go on sale already Mr. Market. In all seriousness, I am dollar cost averaging the yearly amount but I will not lump sum my prior years’ cash we had held to buy an apartment building. We will take our…Continue Reading “Financial Planning 2018”

Assets 2018Q2 2018Q1 Change % Change Notes RE 1- Home 3,030,000 3,030,000 0 0.0% 1 RE 2 852,450 852,450 0 0.0% 1 RE 3- Office 448000 448000 0 0.0% 1 Corporate Accounts 3757713 3653578 104135 2.9% 2 RRSP 520305 516799 3506 0.7% TFSA 120101 120101 0 0.0% Personal Accounts 306177 233156 73021 31.3% 3 Commodities 44289 45800 -1511 -3.3% Networth 9,079,035 8,899,884 179,151 2.0% Asset Allocation % Networth % AUM % Notes Equities 3.7 6.5 4 Fixed Income/ Cash 48.1 84.1 5 RE 47.7 8.6…Continue Reading “2018Q2 Update”

I am almost 50 years old this year. I have two children who are early on in their university education. I have noticed a slight discomfort recently that I did not see coming until I started to experience it. It is this realization that my children might not do as well financially as we have. It really began when I ran the numbers on my son’s possible path to FI. He might be coming out and earning 50K a year. That would be a pittance…Continue Reading “A Wrinkle In Physician FI”

I started this blog at the beginning of the year. Why start a blog? I bought a Bluehost plan impulsively wanting to help out a website I enjoyed reading. I also enjoy writing. I write regularly similar to exercising regularly. It is simply about the rhythm and routines that I enjoy developing. Perhaps some of you started a website to make money. Good for your insight. This blog thing is fun but I for one will not make any money from it. I had more…Continue Reading “Why Start A Blog?”