The Sunday Best is a collection of articles I’ve curated for your reading pleasure.
Expect most of the writing to be from recent weeks and consistent with the themes presented on this website: investing & taxes, financial independence, early retirement, and physician issues.
The New Year’s Eve Sunday Best:
Is the market overvalued? Are we overdue for a nasty bear market? Ben Carson at A Wealth of Common Sense analyzes the past and tells us Stock Market Valuations Won’t Predict the Next Crash.
The Wall Street Physician believes in giving. His latest posts are a pair with the theme of generosity
As a millionaire who grew up in a trailer, J.D. Roth has known both wealth and poverty. From Get Rich Slowly, What the Rich Do Differently: Habits That Foster Wealth and Success.
The Wealthy Doc does a lot of reading, and this recent post was based on the writings of Nick Murray. Eight Great Behavioral Investing Mistakes. Resolve to make none of these mishaps in 2018!
Health care costs are getting out of hand. Are doctors to blame? No, say Walker Ray, MD and Tim Norbeck of The Physicians Foundation. As seen on KevindMD, Myths Debunked: Physicians’ Salaries are Too High and They are the Cause of Rising Health Costs.
If you’re not ready to retire from a six-figure salary, consider semi-retirement to a six-figure salary. At 99 to 1 Percent, guest poster Steveark discusses How I Make Six Figures Working Only 16 Hours Per Week.
Bitcoin again? Sure, let’s do it. From The Money Commando, who doesn’t pull any punches:
- A Quick Analysis of Why Investing in Bitcoin in Stupid
- More Reasons to avoid Bitcoin and Other Cryptocurrencies
You may have heard something about tax reform in the last week or two. The latest from the blogosphere on the Tax Cuts and Jobs Act and its impact on you:
- Merry Tax Reform Christmas: How Your Taxes Change | The Green Swan
- The Effects of Tax Law Reform on Physicians and Other High Income Individuals | The Happy Philosopher
- The Tax Cuts and Jobs Act: Uncle Sam Wants to End Your Marriage! | I, Vigilante
- Calculating the New Tax Plan Results | Dr. Cory S. Fawcett
- How the New Tax Plan Affects the High-Income Physician | Passive Income MD
- What Doctors Need to Know About the Tax Cuts and Jobs Act | The White Coat Investor
A New Bogleheads Book!
From Taylor Larimore, Boglehead Emeritus and subject of my second most popular post this year, comes the third book to carry the Bogleheads name. Stemming from an adoration of Vanguard founder John Bogle and his principles, the Bogleheads have a mission to share his philosophy with the masses.
Available in April, but open to pre-order now is:
The Bogleheads’ Guide to the Three-Fund Portfolio: How a Simple Portfolio of Three Total Market Index Funds Outperforms Most Investors with Less Risk
All royalties from the sale of the book will be donated to The John C Bogle Center for Financial Literacy.
The Top 10 Physician on FIRE posts from 2017
The year is wrapping up in a few short hours! it’s been a great year here at Physician on FIRE, and today seems like a perfect time to review the top posts of the year, based on pageviews.
If you’re relatively new to the site, be sure to check out what you’ve missed. At some point today, the pages of Physician on FIRE will have been viewed 1.5 million times this year, and these have been the most popular:
10. A Tale of 4 Physicians: The Impact of Lifestyle 9,500 views
9. The PoF Portfolio 9,900 views
8. 20 Steps to Effective DIY Investing 10,000 views
7. He Earns $1,800,000 a year. He spends $70,000. Holy Stealth Wealth! 10,200 views
6. Our Drawdown Plan in Early Retirement 11,300 views
5. A Fifth Physician Revisited: The $10 Million Dream 14,000 views
4. Stealth Wealth: I’m Just an Ordinary Average Guy 12,800 views
3. Tax Reform! How Physicians and the Self-Employed are Affected 13,600 views
2. He Has Read Over 250 Investing Books. He Recommends These Three Funds. 14,700 views
1. Vanguard Backdoor Roth: a Step by Step Guide 24,100 views
Have a Happy New Year!
-Physician on FIRE
What a cool way to start 2018, my very first blog post made your Sunday Best list! Thank you and Ms99to1percent for that. With her encouragement I’ve decided to add online blogging to my life this year and although WordPress is eating my lunch right now I hope to join the community soon.
Welcome to the community, Steveark! I think you’ll find that your time consulting is much more financially rewarding than the time spent blogging, but there are tangential rewards to being a blogger than cannot be measured in dollars.
Cheers!
-PoF
Thanks so much! I am planning on paying for the site out of my entertainment allowance because I’m doing all the work I want to already, this will just be for fun.
Thanks for the shares, PoF!
Congratulations on a great 2017 — Happy New Year to you and your family.
-WSP
HNY PoF! I’ve sure enjoy reading your stuff. Always provocative.
My parting shot.. it’s 55 here I’m in running shorts and a golf shirt.
Best
Enjoy it! I’ll be visiting sunny Florida in a few short days for Camp FI Southeast. Lows in the 20s around Gainesville, though. Sheesh!
Solid Sunday Best. I like articles calming down the “crash is inevitable crowd”. The data on the CAPE valuations and returns is compelling. But it could also be my confirmation bias making me like that one, I am not going to cash : )
I’m glad people realize the Politico doctor cartel article was crap. No mention of debt, bad article, resonates only with the ignorant and jealous.
Happy New Year! I hope you have as prosperous a blog year as 2017. Stay warm. Minus 34 here.
Thanks for the mention! That was a nice surprise and great wrapup for a successful year! Happy New Year everybody!
ERN
Happy New Year’s Eve & a wonderful 2018!!
Happy New Year! Hope you have a warm and safe evening…and a great 2018 to come.
I never seem to beat wealthydoc on the comments. I usually read the WSJ first. Some interesting articles you are linking to. I have my morning to read list in front of me. I also plan to read the new Boglehead book. Keep posting these articles because I have found several new blogs this way. Happy New Year! Be careful about overdoing the beer tonight.
Funny — I was actually home alone with my boys asleep. I went to bed at about 10:30 with a BAC of 0.00. #parenthood
Cheers!
-PoF
HaHa. I had one tsingtao at a chinese restaurant. i was in bed early but awakened by neighbors firecrackers. Cheers.
It’s been a great year and I look forward to your Sunday’s Best every week. Enjoy the the new year!
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Hey Doc,
Thank you very much for including Steveark guest post on my blog. I really appreciate it.
I also liked the article about the very humble Dr StealthWealth. Now off to read the others.
I hope you keep up the great tradition of the Sunday Best in 2018. You had a great year with this blog!
You are right, I do read a lot. Now I have a new Boglehead book on my list! Happy New Year!