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  • PhysicianOnFIRE
    replied
    They all suck!

    Honestly, I think most of our readers go through a certain life cycle with blog reading. They discover a personal finance blog, learn something, dive in deep to several blogs, learn a lot, and within 6 to 24 months, they find they've learned all they need to learn to manage their own money well and with confidence.

    After that, they understandably have no need to stick around. Some do because they become enthusiasts and fans. I've written plenty about the core topics to FI & RE, taxes, drawdown, etc... More and more, I focus on the stories (mine and others), and slightly offbeat topics that aren't widely discussed.

    I still read dozens of blog posts a week, mainly looking for good fodder for The Sunday Best. I still find good stuff, and there's more of it now than there was five years ago. On the other hand, if you were reading personal finance blogs five years ago, you've probably figured out what you need to know, and now the blogs (and podasts, vlogs, etc...) are more for entertainment, financial voyeurism, and alternate points of view.

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  • Antares
    replied
    Oh! I forgot one of my favorites -
    Peter Woit’s wonderful blog on cutting edge physics and math “Not Even Wrong” - if you are an interested nonspecialist like me, it’s way above your head, but it does give you an illuminating window into these arcane fields: https://www.math.columbia.edu/~woit/wordpress/

    Leave a comment:


  • Antares
    replied
    Well I misinterpreted. I didn’t realize from the title that we were speaking only of financial blogs….Blogs compete now with podcasts and videos and even TikTok’s for one’s time. They seem to have diminished in popularity but I still read a few. But not financial blogs. Those I read if they apply to me, often when encountering them while googling a topic or question.
    I love Tim Urban’s blog Wait but Why https://waitbutwhy.com
    and Maria Popova’s newly renamed The Marginalian https://www.themarginalian.org
    and for paleoanthropology, the indispensable John Hawks http://johnhawks.net
    A lot of bloggers I used to like have stopped or blog infrequently. Twitter has created alternative platforms for many interesting people, if you sort through the dross…
    Last edited by Antares; 02-20-2022, 10:59 PM.

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  • Max Power
    replied
    Originally posted by Lordosis View Post
    ...A lot just seem like ads for RE funds or lecture series....
    Are you surprised by this? All of the blogs, YT channels, etc are made to sell ads and to keep the advertisers happy. It should be pretty apparent even on this forum that anyone who posts about student loans or insurance or taxes instantly gets at least half a dozen instant and PM replies from good Samaritan sponsor CPAs or salesmen of various types who are looking to peddle their services. The book or blog or videos information is just basically the loss leader for creating the traffic and the money from the ads ('good guys' in WCI terms).

    WCI, one of the few transparent nd more ethical bloggers giving info but also looking to profit at the same time, has made no secret of this. The 'good guys' are appropriately labeled on the forum, and he tells you that articles are profit-driven (although it is fairly hidden in down in 'conflicts of interest' that they largely write blogs, do topics, pick guests, etc mainly to pimp sponsors and blog/lecture/etc topic selection often at the whim of sponsors):

    https://www.whitecoatinvestor.com/st...the-blog-2022/

    It is fine to read blogs or other stuff for information with a grain of salt and for fun, but you are watching an info-mercial or an information source that is designed to sell ads typically. If you don't want the ads and spam, you have to buy the books or sit with a CPA/CFP or other appropriate professional.

    Leave a comment:


  • Tim
    replied
    Originally posted by FiPhysician View Post
    Hey--when did this become the bash FiPhysician thread?

    Anyway, thanks for the positive comments. The blog is about de-accumulation--that is, the actual withdrawal of money from accounts for those who have oversaved and are sick of the bait and switch (most folks just live on social security so buy this annuity now Now NOW!) and the blogs that don't actually challenge you to learn anything new. Taxes and investing are also fair game, though I guess my take on I-Bonds (that they will be much less sexy 2 years from now when they are paying 1.5% again) has struck a nerve (just wait two years and see if you are still upset).

    I guess I'll have to fire my editor again. Maybe he didn't learn grammar cause he was pre-med and then spent 10 years memorizing journals and then 15 years practicing before retiring early to write a retirement blog that earns about 12 cents an hour. No Excuses! But actually, with all the positive feedback from this thread, I'll just keep writing about first world problems . Again, thanks for the positive feedback! Good to know there are folks reading!
    • I guesstimate that the large % of blog followers in the doc FI space are early- to mid-career physicians, which helps explain the focus on accumulation.”
    The path from birth to the grave is complicated, especially for a high income individual. No one can provide “expert” advice. Virtually all advice needs to generate money in some form or fashion.
    FiPhysician addresses(to me) some of the decumulation issues. A specific segment of interest to mid to later stage person is actionable advice and tools available.
    Much more value than the “free lunch” invitations that have products to sell.
    Keep writing.

    Leave a comment:


  • Lithium
    replied
    ERN is always going to be the gold standard for blogging on decumulation strategies but it is really, really easy to get lost in the weeds of his posts.

    FiPhysician looks like he is still composing his blog posts through dictation. I don’t see that many grammar errors, but I do see a boatload of what could be Dragonspeak errors.
    Last edited by Lithium; 02-20-2022, 10:28 AM.

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  • blippi
    replied

    Leave a comment:


  • jfoxcpacfp
    replied
    As the grammar/punctuation Nazi in our firms, I totally get it for those who are turned off by errors. My thoughts from the above, fwiw:
    • There is a void of good decumulation info for physicians and other high net worth earners online aside from the canned advice from brokerage firms. So if this blog is targeted toward late- and post-career doc’s, he’s found a great niche
      • Decumulation planning is as difficult - if not more so - than accumulation planning, partly because you’ve thrown in the element of next-gen/estate planning.
      • The default to move to “security” (i.e. bonds and CDs, for ex) is far less relevant in this sphere, but most high net-worth families who are relying on blogs and online advice tend to default to the same old tired advice parceled out to middle-American families for whom SS is a significant part of their retirement liquidity. IMPO, big mistake that is rarely understood because you don’t miss what you never had.
    • I guesstimate that the large % of blog followers in the doc FI space are early- to mid-career physicians, which helps explain the focus on accumulation.
    • I believe that the business goal becomes mining new blog readers rather than entertaining the old. Businesspeople like Jim can rewash topics to bring in more new readers and easily replace seasoned readers.
    • Financial education and financial planning are very different but are often considered interchangeable. See “IMPO” above.

    Leave a comment:


  • billy
    replied
    When I first started reading about FI, this blog and POFs really helped teach me the basics. Its nice that they are still around so if I need to brush up on anything (or need to reference for someone else) I can usually find a blogpost about it. That being said, yeah I stopped reading them a while ago. After a point, there is diminishing educational returns for us (but not for beginners). POF 4 physician series was awesome, and every now and then I used to read his sunday best to see if there was a new voice out there, but after awhile, its becomes all the same with few exceptions.

    Leave a comment:


  • Hatton
    replied
    Originally posted by FiPhysician View Post
    Hey--when did this become the bash FiPhysician thread?

    Anyway, thanks for the positive comments. The blog is about de-accumulation--that is, the actual withdrawal of money from accounts for those who have oversaved and are sick of the bait and switch (most folks just live on social security so buy this annuity now Now NOW!) and the blogs that don't actually challenge you to learn anything new. Taxes and investing are also fair game, though I guess my take on I-Bonds (that they will be much less sexy 2 years from now when they are paying 1.5% again) has struck a nerve (just wait two years and see if you are still upset).

    I guess I'll have to fire my editor again. Maybe he didn't learn grammar cause he was pre-med and then spent 10 years memorizing journals and then 15 years practicing before retiring early to write a retirement blog that earns about 12 cents an hour. No Excuses! But actually, with all the positive feedback from this thread, I'll just keep writing about first world problems . Again, thanks for the positive feedback! Good to know there are folks reading!
    Welcome to the forum. I have recommended you to numerous posters. I for one enjoyed your talk at WCIcon22. If your grammar is bad so is mine.

    Leave a comment:


  • Larry Ragman
    replied
    Originally posted by FiPhysician View Post
    Hey--when did this become the bash FiPhysician thread?

    Anyway, thanks for the positive comments. The blog is about de-accumulation--that is, the actual withdrawal of money from accounts for those who have oversaved and are sick of the bait and switch (most folks just live on social security so buy this annuity now Now NOW!) and the blogs that don't actually challenge you to learn anything new. Taxes and investing are also fair game, though I guess my take on I-Bonds (that they will be much less sexy 2 years from now when they are paying 1.5% again) has struck a nerve (just wait two years and see if you are still upset).

    I guess I'll have to fire my editor again. Maybe he didn't learn grammar cause he was pre-med and then spent 10 years memorizing journals and then 15 years practicing before retiring early to write a retirement blog that earns about 12 cents an hour. No Excuses! But actually, with all the positive feedback from this thread, I'll just keep writing about first world problems . Again, thanks for the positive feedback! Good to know there are folks reading!
    If you search “FIPhysician” in the Forum search box you would see a lot of positive comments over the past year or so. Your blog and planning business fill an important niche. But obviously not everyone enjoys every post. Thanks for taking the criticism constructively.

    Leave a comment:


  • FiPhysician
    replied
    Hey--when did this become the bash FiPhysician thread?

    Anyway, thanks for the positive comments. The blog is about de-accumulation--that is, the actual withdrawal of money from accounts for those who have oversaved and are sick of the bait and switch (most folks just live on social security so buy this annuity now Now NOW!) and the blogs that don't actually challenge you to learn anything new. Taxes and investing are also fair game, though I guess my take on I-Bonds (that they will be much less sexy 2 years from now when they are paying 1.5% again) has struck a nerve (just wait two years and see if you are still upset).

    I guess I'll have to fire my editor again. Maybe he didn't learn grammar cause he was pre-med and then spent 10 years memorizing journals and then 15 years practicing before retiring early to write a retirement blog that earns about 12 cents an hour. No Excuses! But actually, with all the positive feedback from this thread, I'll just keep writing about first world problems . Again, thanks for the positive feedback! Good to know there are folks reading!

    Leave a comment:


  • G
    replied
    Originally posted by bovie View Post

    SO many grammatical issues. Makes me cringe within two paragraphs every time!

    That said, his retirement-specific content is usually quite good—and actionable.
    Ah, yes. Now I remember why I didn't subscribe....

    Leave a comment:


  • bovie
    replied
    Originally posted by blippi View Post

    i like fi physician. he gets into retirement issues quite a bit, so i suspect that’s why people migrate over there as a sort of next step. not as lucid or flowing as wci’s writing and there are grammatical issues.

    he talked trash about my ibonds and i am not as on board with his covid views, but still good stuff there.
    SO many grammatical issues. Makes me cringe within two paragraphs every time!

    That said, his retirement-specific content is usually quite good—and actionable.

    Leave a comment:


  • blippi
    replied
    Originally posted by CM View Post
    After seeing the love for FIPhysician above, I went to the site and read 11 Reasons to Not Own I-Bonds. It was one of the worst pieces I've ever read in the financial blogosphere.
    i like fi physician. he gets into retirement issues quite a bit, so i suspect that’s why people migrate over there as a sort of next step. not as lucid or flowing as wci’s writing and there are grammatical issues.

    he talked trash about my ibonds and i am not as on board with his covid views, but still good stuff there.

    Leave a comment:

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