The Sunday Best (12/3/2017)

The Sunday Best
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.

 

Presenting, this week’s Sunday Best:

 

Are you tired of hearing my voice yet? I am. From now on, I’m hiring JL Collins to re-record my podcast interviews with his deep, comforting voice (see giveaway below). Until that happens, you’re stuck with me and Ryan Inman on the Financial Residency Podcast as we discuss How Doctors Can Reach Financial Independence in Their 40s.

 

Mr. Tako didn’t wait until he was in his forties to FIRE. I used to imagine having $10 Million some day, but what would we do differently that we’re not able to do now? That’s The $10 Million Question.

 

Are you an Accredited Investor? I am. So is Passive Income MD and certainly anyone with $10 Million is. There’s actually a good chance you’ve got the qualifications to join us in The Not-So-Secret Society of Accredited Investors.

 

An Accredited Investor can afford to take risks. Does it make sense to eschew diversification and shoot for the moon? Michael Kitces of Nerd’s Eye View discusses The Wealth-Limiting Risks Of Diversifying Too Soon – Redwoods, Bushes, and Pear Trees.

 

Of course, you don’t necessarily need to be wealthy to live a happy life. The Corporate Monkey CPA has some insights after using Geographic Arbitrage to his family’s advantage. What It’s Like Living on $10,000 per Year.

 

Not everyone is keen on living so lean. The beauty of early retirement is the ability to choose your own path. Our Next Life is still forging theirs. What Do You Want to Be When You Grow Up? That’s What Financial Independence Is All About.

 

You don’t need to be financially independent to live an adventurous life. Chris & Jaime of Keep Thrifty share the story of their sabbatical with Jillian of Montana Money Adventures. Mini-Retirement Mastered: Chris and Jaime.

 

A sabbatical can be one cure for burnout. Vagabond MD had a nasty run-in with burnout. He shares his story and how he coped with The Happy Philosopher in Adventures in Burnout: One Physician’s Story.

 

Crispy Doc has joined the ranks of the partially employed (another potential burnout cure). In My Adventures Through the Looking Glass, he recounts what life has been like since reducing his clinical workload.

 

Dr. Cory S. Fawcett of Prescription for Financial Success has joined the ranks of the unemployed. Or at least the self-employed. The general surgeon retired at 54 and recently hit the road traveling Route 66. He shares expense reports and more in Living the FIRE Life in My RV.

 


You’re still not using Personal Capital? Track all your accounts in one place like I do.



 

Who Wants an Awesome and Free Audiobook?

 

You do! That’s who.

My friend Jim Collins of jlcollinsnh.com would like you (yes, you) to win a copy of his audiobook entitled The Simple Path to Wealth. You may be familiar with his blog and the famous Stock Series. If not, get familiar; it’s a great read.

In addition to authoring a widely read blog for the past six years or so, he has also penned a best-selling book with a foreword by some guy named Mr. Money Mustache.

That book is now available in audio format, read by none other than the baritone himself. If Jim was looking for an encore career, he could have one doing voice-overs, radio spots, or simply reading audio books. But I have a hunch this will be the first and last, so I suggest you get in line for a download.

 

How does one win a copy of The Simple Path to Wealth?

 

I’ll be giving a copy away later this week to any new or existing e-mail subscriber who leaves a comment indicating their interest in the comment box at the bottom of the page.

Step 1: If you’re already a subscriber, great! If not, subscribe right here and now to be eligible.

Step 2: Leave a comment on this post that indicates you have some interest in winning the audiobook. Be creative as possible. It won’t help you win — I’ll be using Google’s random number generator — but you might put a smile on my face. And that’s worth something. A few examples to get the creative juices flowing:

 

“I’d rather win Mr. Collins’ audiobook than find a Bitcoin on the sidewalk.”

 

“The only thing better than a Vikings Super Bowl victory would be a victory in the audiobook giveaway.”

 

“I’d love to put The Simple Path to Wealth on my playlist between the Best of Nickelback and my collection of Creed B sides.”

 

“I got a new subwoofer and that man’s voice would really put this bad boy to the test.”

 

or finally,

 

“Bitcoin bitcoin bitcoin bitcoin audiobook bitcoin.”

 

Think you can do better? I think so, too. Hit me with your best shot. Fire away!

 

Have a joyful week!

-Physician on FIRE

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