Optimizing Training Protocols for Middle Aged Doctors

In the Steep Gullies of A-Basin, teaching my son how to lead men

In your 50s and 60s, you’re going to have the money to do neat stuff.

Are you going to have the body?


I propose three goals to guide your training:

  • Burn fat
  • Add muscle mass
  • Maintain sexual function

If you’re still into race performance then bookmark me and come back in a few years.

Why?

Because you might be screwing up all three by leaving sustained tempo in your program.

🙂


The ability to do fun stuff with those I love.
A form of wealth.

Now, you’re probably thinking that it’s impossible for an older person to add muscle mass.

You might have even resigned yourself to a long, slow decline in personal function.

That’s certainly the way aging was taught to me (by members of your profession).

Are you sure?

An elder surgeon confided in me that “half the stuff I learned in med school, turned out to be false.”

Perhaps a shift in approach could get you a better outcome?

Besides, there is little downside from shifting your program, away from endurance fatigue, towards doing what it takes to add functional strength.


My son’s definition of heaven.
Bit of a survival ski for me.

So how might we do that?

During the pandemic, I learned this protocol by accident.

I was locked in my house, with three high-energy kids, and I needed a way to chill out before endless days of Home School.

I turned to weights, a lot of them.

I worked my way through Rob Shaul’s SF45 program. The full program was eight modules and took me 60 weeks to complete.

Total body transformation.

Not only did it transform my body, my wife started having fire fighter fantasies. 😉

I became much better at moving through the mountains.

Rob’s redone the modules and now splits them by age (40, 50, 55 and 60). You can find them under General Fitness Plan Packets on his website.

I’ve taken what I’ve learned from Rob and interpreted into my life as a coach to kids, adults and elders. I use pieces of Rob’s protocols to address specific concerns (balance, fall risk, muscle activation, injury prevention and rehab). I tweet about these on Wednesdays.

I use Rob’s stuff for creating a valuable form of stress on my 53 yo body.

  • Gaining functional strength
  • To do neat stuff
  • Outside
  • With the people I love
  • For as long as possible

My training schedule is built around placing my key days (my strength-focused days).

I never skip a strength day but… I do delay it when I know it would be counter-productive to stress myself further.


Can you spot the gully entry above my son?
Me neither.
We had to billy-goat a bit.

So how to place those key days?

That was my central problem across 2021.

I kept getting run down, I felt old, my mood was crap, I was worried that I was “done” as an athlete.


To be sick of sickness is the only cure

– The Tao Te Ching

Eventually, I committed to do whatever it took to get my recovery on track. If that meant “getting old” then I’d just have to deal with the consequences.

It wasn’t all that complicated. My Garmin watch had be collecting resting heart rate data for years. Data that I had been ignoring because I was scared to recover properly!

To my resting HR data, I added heart rate variability from an Oura Ring. Recently, I added HRV4Training to better see the differences between my acute and chronic movements.

I don’t use the Readiness Scores because I don’t need precision (and have doubts that any of us can predict outcome on a complex system, like the human body).

All I am seeking is a signal from the raw data.

  • Red – you’d better dial it down
  • Yellow – no surges, just aerobic maintenance (ie fat burning)
  • Green – Go For It, Bro!

Feb 20 (red) – chronic (shaded) and acute are low
Feb 11 (yellow) – chronic is in normal range, acute a bit below
Feb 8th (green) – chronic and acute both high – I went big at altitude, we see the impact on Feb 9th

Similar info in the resting HR data, which seems to be more sensitive to the elevation where I’m sleeping. During the upward trend in HR, I was sleeping at ~8,500 ft.

So when I’m at home, it’s a simple choice each morning.

Strength or Cardio

  • Strength is whatever plan I’m using from Rob.
  • Cardio is a bike workout, usually with a 130 bpm cap.

If I’m not “green” for a strength day, then I dial it down, or delay.

If I’m “red” then I spin easy on the bike (HR < 120) and schedule a neighborhood walk for the afternoon.

ZERO anaerobic load on a “red” day.

By waiting for a green signal, I avoid putting myself into a hole, that takes days to clear.

I’d been running this system (morning strength or cardio) for most of the pandemic (2020 & 2021) but was not paying attention to my HR, and didn’t have the HRV data.

With the HRV data, and guidance from Dr Jeff Shilt, I am able to better place the days that make me tired. Doc J shared his traffic light system, which let me create this article I’m offering you.


This season saw me hand over the title of lead-skier to my son.
With recognition comes responsibility.

As we age, how best to define “getting better”?

My proposal…

We will work towards improving the self-confidence that you’ll be able to continue to share outdoor activities with those you love.

We will use a training approach that builds a large physical reserve against the fears we hear from our elders.

Confidence that, while absolute performance is declining, we continue to enjoy the physical side of life.

Confidence that, while we’re all going to “get old” eventually, we will be able to live independently for as long as possible.

This is going to require a shift in focus from “athletic performance” to maintaining “functional performance.”

The very good news is this approach is time efficient.

Yes, the strength days will kick your butt BUT, when they are placed wisely, you will bounce back and end up with more energy across your week.


Keep it simple.

Start every day with a win.

Burn fat or strength train.

Sunday Summary 27 Feb 2022

Getting A Better Body

Breaking Free From 9-5

Athletic Performance

Using High Performance Insights

Family

  • Kids & Screens
    • a daily habit of reading, chores and sport
    • know your why
    • my best strategies for kid tech

WIT is Wealth In Time

I am going to show you how to connect spending, time and wealth.

Let’s bring back my 20-something self. He was living in London, working in finance and renting a room to keep his overheads down. 

Coming out of college, having more cash flow than he needed, he felt rich.

But was he?

He earned $75,000 and was spending $32,000. How wealthy was he?

Remember from last week, his net worth was $20,000.

Net Worth “divided by” Spending = WEALTH IN TIME

His WIT was 7 ½ months.


Roll forward to my early 30s. I’m a young Private Equity partner and hit $1 million net worth.

I was spending $250k a year, felt flush, but was I wealthy? Let’s find out.

$1,000,000 / $250,000 = 4 Years

Not wealthy, especially when you consider my life expectancy (>50 years).

++

At 31, I realized my spending was buying me NOTHING. What I liked to do was swim, bike and run. I had fantasies of leaving the corporate world. I took action.

I applied to emigrate to New Zealand. Arriving in Christchurch, I was able to buy a five-bedroom house for US$110,000. My cost of living plunged to $25,000 (NZ$60,000).

My WIT jumped to 40 years.

I didn’t return from my leave of absence. Most of my family thought I was nuts.

Best trade I ever made.

Getting Your Desired Body and Keeping It

Tacos del Gnar in Ridgeway, CO
On the way to Telluride, worth the stop

Last week, I was in Telluride with my buddy, Mark. He asked me a question, very much on point…

Aren’t you afraid you’ll gain weight?

Why yes, I am terrified!

The context was my current “far less than I used to” training program. Sure, I was scared, and that’s why I kept the volume rolling for so many years.

However, like so many fear-based quirks in my life, my fears proved groundless.

Further, creating a lifestyle catered to misplaced fear crowds out a lot of useful work!


Telluride

Get Off the Wheel of Sugar

AC has been crushing with a series of threads encouraging athletes to improve their stamina and fat burning. The lessons run much, much deeper. Creativity, cognition, and metabolic health – all benefit from working on the low-end of our fitness.

Many of us use training protocol as a way to justify our food choices. With the best intentions, we remove a food group, and end up replacing it with sugar.

OR

Starting to train, we shift our nutrition towards “sports nutrition.”

My buddy, Jonas Colting, calls this getting caught in Gel Hell.

Not a win.


Removing the friction towards better choices

Two tips work here:

  1. Aim to eat more veggies than my vegetarian pals.
  2. Stay below my sugar threshold.

#1 requires a bit of effort, but not too much. My main gig is salads and stir-frys.

#2 can be scary – it implies less total duration, less intensity.

Both these changes nudge us towards sustainable choices and, as we age, reduce the risk of ruin from following a Chronic Endurance lifestyle.


More Telluride

Get Strong

Back in the day, folks used to debate the utility of strength training for endurance athletes. Do y’all still do that?

I’m not into debating, I’d rather use something that works.

Strength Training Works.

There is a conscious, and unconscious, attraction to people who move powerfully – moving well, is attractive.

You want to be more attractive, trust me (see below).

Being attractive improves our self-image, which sets up a virtuous circle in our larger lives.


Door #1 was fast, but I’ll go out on a limb and predict my wife would prefer Door #3

Remove One

Trying to change everything at once leaves me feeling scattered and distracted.

It doesn’t work.

Again, here’s what works:

One person, one habit, one pattern, one choice…

Each of us has a habit, relationship or pattern that we can eliminate, for gains.

  • 2 beers before bed
  • A basket of bread with lunch and dinner
  • Cheese
  • Bread + cheese = pizza 😉
  • French fries
  • Soft drinks
  • A friend who’s a feeder

Don’t try to do everything.

Don’t think you need to change “forever”.

Simply take a break for 30 days and pay attention.


With all this stuff, letting go of my fears seems daunting.

No way, I’ll be able to pull that off.

You don’t have to.

Try it out for 30 days and pay attention.

Iterate towards better.


Where do you go that makes you feel at peace?
For me, it’s the mountains.

Sunday Summary 20 Feb 2022

You can follow me on Twitter. Likes, RTs and questions help guide my writing.

Getting A Better Body

Generating Family Wealth

Using High-Performance Insights

Elite Athletic Performance

Three Truths About Tax

Hong Kong

When I moved to the US, I went from a 5 to 30% tax rate.

Why move?

Because it saved me money.


Taxes are one slice of your family budget

I used to live in Hong Kong, a low-tax part of the world. Thing is, it’s a high cost location – especially for school fees and residential housing.

Landing in in the US, I chose a part of the country with an excellent public school system. With three kids, that choice saved me a lot of money.

But there are trade-offs.

I grew up in Canada and my family’s basic healthcare needs were covered by the provincial government.

Not so in the USA.

My insurance, HSA contribution and dental cleanings mean I pay $25,000 before anyone’s gotten sick.

I run the $7,000 HSA contribution down against my family’s $14,000 deductible.

Anybody breaks a leg, I’m quickly over $30,000 for the year.

Still cheaper!

In my last year in Hong Kong (2000) I was living in a place that cost $100,000 per annum to rent. The senior partners paid 3-5x that amount.

School fees: friends pay up to $50,000 per kid, per annum. Mine go to public school, a $75,000 saving.

Taxes are the price we pay for living a wonderful life.

Clean air, pleasant climate, easy access to nature, an ability to avoid traffic.

As a friend pointed out, all those Californians moving to Austin are going to find out something… they’re still complaining about taxes, it’s hot as stink, they’re sitting in a traffic jam AND they lost the benefits of living in Cali.

The ability to escape tax policy is 100% in our hands.

Here’s the game.

Take your tax bill and divide it by your net worth.

In my mid-20s, I worked in London. I earned $75,000 and paid $18,000 in taxes. My net worth was $20,000. My tax bill represented 90% of my net worth.

A change in tax policy, or a move to Hong Kong, would have a material effect on my family finances.

Most of us, can’t change hemisphere’s for work.

Many of us, can work remotely from a lower cost location.

Go deeper.

Consider time.

My former self, he saved 50% of his take-home pay from 1990-2008.

Year after year, his family net worth grew.

The government’s 90% take is now under 5%.

We freed ourselves from tax policy.

It’s in your hands.


Teach this to your kids.

  • Taxes are one piece of the family budget
  • The goal is a wonderful life
  • Taxes are a cost of living well
  • Over time, we control the government’s tax take

PDF Link on Dropbox

gDoc Link with view rights open, make yourself a copy.

I think these ideas were inspired by The Millionaire Next Door.

Teach your kids to become experts at applying wisdom across time.

Building a Family Tradition at Jackson Hole 2022

A pack of little rippers at the base of the Jackson Hole Tram

One of my 2020 goals was to establish “ski week” as a family tradition. I booked a week in Telluride for each of February and March.

Feb 2020 : Ski Week 1.0 => Everything was going according to plan. The night before we drove through a storm and arrived ready to shred.

Two hours into our powder day, after dropping a double black in style (!), my daughter slipped on a catwalk and fractured her wrist.

We drove home that afternoon.

March 2020 : Ski Week 2.0 => Our trip was blown out by COVID.

I’m not the sort of guy to be put off by setbacks.

I’m patient with execution.

We checked out JHMR last summer.

Feb 2022 : Ski Week 3.0 => Vail, Beaver Creek, Steamboat Springs then Jackson.


A clear day at the top of the Tram. One of the most beautiful places in the world.

“Dad, do these heart-pants make me look like a beginner? I think I need all black.”

We currently have two family traditions, matching Christmas PJs and Christmas in Mexico. Adding Jackson fits with my medium-term goals.

It gives me a forum to relate with my kids in my best environment. I should be able to rip until our youngest is done with high school.

It gives me a forum to expose them to my mentors, Doc J was there.

It gives me a forum to introduce them to younger, role models of outstanding character. Justin Daerr, Ironman Boulder Champ, all around good bro, was along for the week. I’d like to get his wife out for Ski Week 4.0.


The view from my wife’s hotel. We didn’t stay together.

As an athlete, I learned “the first time you go somewhere is usually a hassle.”

This was a reminder to stay put and train… as well as a warning against thinking life is better somewhere else.

The first step is making it work, where you are.

The next step, once it’s working, don’t mess with a streak.

Jackson worked great, eventually.

++

When we arrived, we were greeted by an AirBnB that smelled like stale cigarettes and dog!

My wife and daughter were flying in the next morning.

My son kept asking me… “Are you OK, Daddy?”

I was not OK.

I couldn’t fall asleep.

I got up.

Rather than spending energy assigning blame, I jumped on a travel app and made the problem go away.

I booked a very nice room, slope side.

The bill was large. However, just like I recommend with taxes, I compared the bill to my family net worth… it was manageable. I will remember the lesson, and not miss the money.

My thirst for blame and revenge was replaced by gratitude that I had the insight to make the problem go away.

I slept great, despite the staleness!


Doc J and Me, skinning to the top of Snow King mountain.

Doc J has an athletic wife, kids both older / younger than mine and a family tree where elders live a very long time.

He faces many of the same challenges/concerns as me. Plus, he actually went to med school… 😉

He also has a proven track record of giving me advice that nudges positive change.

He’s a better listener than me.

The list goes on and on…


Daddy Ski Day at Vail – Gore Range out the back – each time I look at those mountains I remember Gary and think about his traverse with Chris

The good doctor is helping me with a project and we are talking about compensation…

You could pay me, but I’m good at earning my own money. What would be better is if you could teach my family in an area where I’m not an expert => finance, money, forms of wealth.

A strategic family relationship, combined with a family tradition, combined with the kids not noticing we are teaching them while they’re having fun.

Similar to bible camp, but we shred.


Justin and my son – hike-to terrain at Steamboat – there will come a time when my lessons are better taught by others – look at the lightness in my son’s stride – that’s bro-joy right there!

Alta Chute 3 – Jackson is an Expert mountain – the next day I was humbled one chute over and got to self-rescue with a boot pack up to my lost ski…

Final event was waffles at Corbett’s Cabin – highly recommended – the non-expert skiers in your party can bail back down the Tram

Free cookies are back at Beaver Creek!
Many other signs of a return to normal living – Jackson had a tolerant, relaxed vibe.

A thought on kids.

You don’t need to be a parent to have a child reflect your inner goodness back to you.

Teaching kids has proven to be a surprising source of strength, and quiet pride, within my life.


In Vail, J’s first skin, ever.
I ran my light setup and was grateful.

It was really nice to spend time with old friends.


Putting my immune system to the test (!) on the Jackson Tram.

Recap:

  • Spending time, and money, in a way that meets the family’s strategic goals of building its human capital.
  • Exposing young family members to various lifestyle options, of friends with strong character.
  • Providing a forum for young people to speak with young adult role models.
  • Listening to the advice of friends who know me well.

Corbett’s // maybe next time
S & S // that ship has sailed

Sunday Summary 13 Feb 2022

Please like, share, follow and retweet so I can see where our interests overlap.

Monday I published Multigenerational Capital on WordPress, shared tips for Parenting Alpha Pups on Twitter and discussed How An Olympic Sports Doc Uses HRV in his life on Twitter.

Tuesday: 20 years after winning, I looked back on Ultraman Hawaii on Twitter.

  1. Attempting the impossible changes our lives in unexpected ways
  2. We can be unaware of our limiting beliefs
  3. Public success can be highly addictive
  4. Life gives us feedback
  5. Don’t quit, change the game
  6. Metabolic Fitness Matters
  7. Stay Humble

Wednesday I shared a worked example linking time and money for the self-employed on Twitter

Thursday I published The Allowance Game on WordPress and shared How I Use HRV on Twitter

Friday I shared When To Eat on Twitter and gave a tour of my home gym on Twitter.

In the home gym thread are two goals of mine: hang with my kids through my early 60s and hoist my carry-on (with ease) at 80!

Saturday I shared Losing Five To Ten from my WordPress archive. It’s on the impact of elite environments.

I was asked about asset allocation by a reader on Twitter and pointed towards a PDF, a book and free Vanguard resources.

The Allowance Game

For the next 15 Thursdays, I’ll publish a tool, or a lesson, to help you with family finances.

Tweet your Qs at me.


Introducing The Game to the Class of 2032

Start the game this weekend.

Here’s a template you can use.

If you have Qs then tweet them at me and I’ll help.

++

We are going to play a ten-year game, the purpose is to build an EMOTIONAL attachment to the power of compounding.

You’re going to need the emotional attachment to counter the impulse to spend what you have.

++

The best way to play is to check your portfolio no more than once a quarter. My kids have gone close to a year without asking me to update.

Give the game YEARS to play out, eventually your students will be amazed.


Like a retirement account, not much happens at first.
By Middle School the weekly split is $13/$8 between Allowance/Earnings.
By HS Graduation the split is $18/27.
Game costs you $14K to fund over 13 years.

Investment: each Monday, each player gets $1 for each year they have been alive. I started my kids in Kindergarten so we kicked off with $5 or $6 per week.

Return on Investment: the “bank” pays 10% per annum on invested capital. My template has a little math embedded which converts the annual rate to a daily rate. This allows the player to see, and get excited about, weekly earnings.

Earned Money is Your Money: Most kids have a piggy bank, some kids have side-gigs where they earn spending money. If a player wants to invest that money then they can grow earnings faster.

++

There are two types of spending from the family account.

Investment spending – if the money came from “the bank” then spending approval needs to include Mom & Dad, or another savvy adult.

Earned income spending – Mom & Dad have no veto rights over money the players earn on their own. This allows real world learning to happen. Lending to friends, pain of crappy impulse purchases…


Steps are birthdays, assumed to be Jan 1st in the template.
It takes a decade for weekly earnings to exceed weekly allowance.
Just like a retirement account, once your earnings start to accelerate, they keep going.
Stay invested. Don’t interrupt compounding.

Teaching this to your kids, or grandkids, will change your relationship with money.


The inspiration for this game came from a 2015 post by MMM. What I’m Teaching My Son About Money. We started the day I read his advice. I’m grateful for his sharing.

Keep it simple, be patient, and remember the goal is an emotional attachment to compounding.

Here’s a Dropbox PDF and a link in Google Docs.

Multigenerational Capital Template

Wolf Pack 2022

I’m back on Twitter, daily – sharing ideas about living better. The focus is health & wellness with financial education for you and your family.

It’s a good place to ask me Qs on my writing.


Capital over and above the needs of current adult family members can be considered multigenerational.

  • When I was younger, I focused on building net assets. I started saving out of my first paycheck. If a young adult aspires to a family leadership position then this is where they should start.
  • Looking backwards from 53, the big gains have come from moderating personal choices, particularly associated with assets that don’t produce cash flow. Being an exemplar, here, is the role of senior family leadership.

A better way of viewing financial wealth…

  • Assets “divided by” current-year spending => gives you a figure expressed in “years-spending”
    • $2 million of net assets means something very different when…
      • There’s $2 million of debt sitting on top of it vs being debt-free
      • Baseline spending is $125,000 vs $250,000
      • Average age of the earning membership is 35 vs 55
      • Context matters
  • Time Horizon also matters!
    • Family is a dynamic process. I visit for a limited period of time. I change continuously while I’m here.
    • Years-spending can be compared to life expectancy of senior members and working-life expectancy of earning members.
    • Each adult member pays their own way.
      • This is HUGE for long-term returns.
      • First, because there are no “bad” deals in the family system.
      • Second, because the high-earners are free to live their lives in a way that most benefits the family system
        • HINT: teaching young members about life generates a higher return than creating more unearned capital within the family system.
    • Often overlooked => years left until the youngest members take over their own living expenses. Family is a dynamic process with clear generational shifts (deaths, retirements, careers, graduations, births).
  • Families don’t need to budget for taking care of everyone, forever. When I started my kids’ allowance, I began teaching the concept of pay-your-own-way. They’ve also been raised with an expectation that they will move out. Living nearby is OK!

As a family, you need to decide the split between future-focused and present-focused capital. Until I was 52, I was totally future-focused. A change we are gradually making is shifting some capital towards present enjoyment. I like to call this capital “recreational.”

If you are going to deploy capital in a “recreational capacity” then consider the nature, and likely impact, of a mistake. Mistakes can come in many forms. Here’s what we’ve learned.

  • Multiple, smaller bets, with the minimum capital deployed to solve the issue.
  • Make sure you factor in the cost of ownership, forever. A high cost of ownership can turn a gift into a burden. I know families who spent many years unwinding the financial legacies of wealthy elders.
  • Remember, the highest form of endowment is the TIME of a parent. How will this choice impact the family member’s time? Don’t tie down your most effective members with admin!
  • More than comfort, consider how you might be able to deliver “time” to future family members. What is it going to take to assist my children in having the time to be great parents?
  • Related, my children will have a range of financial “success” in their lives. Constraining myself, today, reduces lifestyle friction in the future (at no cost to their nature-loving Dad).
  • The role of the family is to support its members in living the lives they choose to live, not to facilitate consumption. My current choices will become the (unconscious) baselines for my grown children.
  • Adults have a preference for individual family utilization, over collective utilization.
    • From my dentist, “My kids will use my ski place a lot more… when I’m dead.”
    • From a friend, “They like to visit… when we’re not there.”
  • Single geographic locations, with separate living arrangements, have proven a popular way to strengthen families.
    • From a friend, “Close but not too close.”
  • Choose peers, and location, with intention.
    • Our environment exerts a powerful, often invisible, influence on our desires and actions.
      • Vegas, Aspen, Global Financial Centers… these locations strength traits that lead me astray
      • Far easier to reach-for-better in Boulder, than struggle with my past.
    • Where will this location, this choice, take our Human Capital?
    • What sort of people will we meet?
      • Availability heuristic, in all things – friends, choices, life partners
  • Zillow & AirBnB enable families to quickly compare capital-to-own with fully variable access.
    • I did a quick check for Edwards, CO => $5 million homes available for $7,000 per week in August, the summer peak.
    • The same capital in VTSAX yields $60,000 per annum.
    • The smallest real estate mistake is usually 10% in-and-out costs. Even a “money-back” error on a $1 million house has a true cost of at least $100,000 (because you might have to have to hold for a decade).

Wise allocation of time is what grows human capital.

Assets are often a distraction from what needs to be done.


Specific tactics, I’m working on in 2022.

SELL an investment property to enable a market neutral move into an asset the family will use for shared experiences.

At 40, I had too much runway left to finance to make this choice.

At 53, I don’t want to wait until I’m old for (some of) my assets to better serve my life.

It might be tempting to borrow and defer the tax/agents’ fees => recourse leverage is a risk we don’t need to take.


Pre-kids, rolling Nevada with my sweetie.
Mobile, flex-time office space that enables me to share experiences with those I love.

An aside… at the back of my mind, I want to purchase an all-season van. I used to own a Sportsmobile and we had a lot of fun.

I worked for a guy who loved cars and a wise investor noted, “It’s better for Ferraris to be bought from carried interest than management fees.”

If you’re going to do something indulgent then: (a) pay down debts, (b) take some money off the table, and (c) limit the size of the outlay.

++

BUY equities at a reduced weighting.

At this stage of my life, I tend to balance “current enjoyment” with “future protection” on a 50/50 basis.

I’m nervous about current valuations. That said, I’ve been that way, FOREVER!

So… stay invested, at a reduced weighting => buy less.

  • In March 2020 I increased equity allocations to 72% of my Vanguard portfolio.
  • Allocating additional capital in 2022, I made a reserve for “an investment that benefits the present”…
  • …then rebalanced to 60% equity allocation.
  • This reduced the size of the new investment and got me past decision paralysis, driven by a fear of near-term loss.

“Buy less” got me to “stay invested.”

++

HOLD quality local real estate

Years ago, my family purchased a quality piece of real estate where my kids are growing up. Holding the asset, for 10-20 more years, would help my kids get on the property ladder. It’s also a good-enough hedge for an uncertain future.

As I wrote a couple weeks ago, the main financial deliverable for my kids is debt-free education.

If I can hang onto to the real estate asset then they will get a bonus above the debt-free educational start in life.

Simple decisions, good-enough decisions, can free your thinking.

++

WATCH

Be patient, change slowly and focus on sharing experiences with those you love.