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:
Laurie, who is well into her three-year plan at The Three Year Experiment seemingly throws caution to the wind. Life is Short. So Why Not Buy What You Want?
Joe Udo at Retire by 40 is beyond financially independent. But is he rich? He doesn’t seem to think so, but he’s got big plans. 10 Things I’ll Buy When I’m Rich.
For a little while there, I was interested in some resale timeshare points. The more I’ve learned, the less enthused I’ve become. The Frequent Miler gives a humorous account of an opportunity they entertained: Wyndham Timeshare Presentation Survival Guide. Get Your “No” Face On.
Why invest in quasi-ownership when you can invest in your very own actual properties? Passive Income MD explores an important aspect of owning rental property. Should You Put Rental Properties in an LLC?
Last night, I spoke to a few hundred physicians about the importance of financial independence. The Loonie Doctor would be proud. The Importance of Physicians Teaching Physicians About Their Financial Health.
The Wealthy Doc has been teaching docs the importance of financial health for years. With a new and improved part-time schedule, his plan isn’t to FIRE. As he puts it, My Plan is FINER!
Working after FI is one way to avoid sequence of return risk. For a clear understanding of what I’m talking about, look to Four Pillar Freedom’s A Simple Guide to Sequence of Return Risk.
I’m a big fan of DIY investing, but there are plenty of good reasons to consult with a financial advisor. The Biglaw Investor has an excellent two-part guest post on what to watch out for.
Do you suffer from frugality fatigue? PF Geeks suggests Embracing Lifestyle Inflation with Scalable Spending.
Upcoming Webinars
Market Outlook and Real Estate Investing
Hosted by Sovereign Properties
Gain insights from Sovereign Properties’ CEO Russ Krivor on capitalizing in today’s market. Discover our fund’s strategy for investing in discounted land near thriving Sunbelt cities and the latest trends in multifamily and active adult living. What You’ll Learn: • Market insights for multifamily and senior living • Strategic land acquisition in growth areas • Sovereign’s innovative active adult community model
When: November 13 | 8 am PT | 11 am ET
Accidental FIRE scaled up a little more quickly. Was it worth it? That Time I Spent $44,000 on a Two Week Vacation.
Financial Literacy and Physician Wellness Conference #wcicon18
The last few days, I’ve been having a blast listening to talks from leaders in the fields of personal finance and physician wellness and meeting dozens of awesome people, many of whom are familiar with this site. We were mutually happy to put names with friendly faces for the first time.
The conference was very well organized and equally well attended, despite the allure of the recent snow on the ski slopes surrounding us here in Park City.
The speakers were outstanding; I learned a lot about public speaking, both as an observer admiring the ease in which the others delivered their talks like it was a walk in the park, and also as a speaker delivering the final talk like a deer staring down 300 pairs of headlights.
Start receiving paid survey opportunities in your area of expertise to your email inbox by joining the All Global Circle community of Physicians and Healthcare Professionals.
Word to the wise: It’s not a terrible idea to give your first real talk ever to fewer than a few hundred people, and following a renowned author on investing theory may be less than ideal, but I can’t imagine a better way to see if you’ll sink or swim. I treaded water, dipping just below the surface a couple of times, but I managed to come up for air each and every time.
Afterward, I was grateful to be back on shore, cold beer in hand, and not so sure I’d test those waters ever again. But the encouraging words of gratitude and encouragement from dozens of attendees were just what I needed to feel a whole lot better about my experience up on the stage.
I do hope we get a chance to do this again, and based on the feedback I’ve heard regarding the entire weekend, I would be surprised if this conference does not become a recurring event.
To all that I met, it was great to meet you, and if that didn’t happen, here’s hoping I’ll get a chance to meet you the next time around.
Have a stupendous week!
-Physician on FIRE
Upcoming Webinars
Market Outlook and Real Estate Investing
Hosted by Sovereign Properties
Gain insights from Sovereign Properties’ CEO Russ Krivor on capitalizing in today’s market. Discover our fund’s strategy for investing in discounted land near thriving Sunbelt cities and the latest trends in multifamily and active adult living. What You’ll Learn: • Market insights for multifamily and senior living • Strategic land acquisition in growth areas • Sovereign’s innovative active adult community model
When: November 13 | 8 am PT | 11 am ET
22 thoughts on “The Sunday Best (3/4/2018)”
Great reads! Speaking in front of thousands of people is kind of terrifying for me, however I always wish I could also talk in front of people sharing my ideas, just like yours 🙂 Congratulations for sharing your ideas and for getting straightforward for these type of subjects.
Outstanding talk PoF!! The whole weekend was great and I enjoyed getting the opportunity to grab a beer with you afterwards. Hope our paths cross again soon.
PoF,
You rocked the WCI Conference Finale Lecture. Had a blast meeting everyone and soaking up the financial knowledge while clearing my head on the slopes.
Thank you, Bill! It was great meeting you and so many others.
Cheers!
-PoF
I thought you and WCI did great. I think the crowd was very supportive. I hope this is the first of many conferences.
Agree with all of the above. Your presentation was great. The delivery was genuine. I appreciated your humility and humor! It was great to meet you and I always look forward to “The Sunday Best”.
Kudos to yours and everyone’s preparation for the WCI conference. Great to meet you.
Cheers, Brett
If it makes you feel any better, it was the most nervous I’ve been speaking in a long, long time. Simultaneously the most intimidating and the most friendly audience I’ve ever had.
I thought you did great once you got into your “wheelhouse” material- i.e. FIRE.
^^
Agree with Neuro-doc. You were terrific. I am glad we were able to meet and have a beer in person. Cheers!
Glad to have met you, too, VagabondMD! We some good chats over the weekend, and I appreciate your kind words.
Cheers!
-PoF
Your talk last night was great!
Thoroughly enjoyed the whole WCI conference. I hope it was the first of many to come.
You’re too kind. It was great to meet you, and I appreciated your question about the wisdom of retiring with a 90 / 10 allocation at a young age after a long bear market.
The studies by ERN I referenced can be found here, and this is the Mad Fientist podcast with Michael Kitces. So much more info there than I could squeeze into a one-minute answer.
Cheers!
-PoF
Public speaking has always been my kryptonite, but there’s a chance that I might be testing those waters sometime this year. Eek! Congrats on getting through yours and not drowning. I may be reaching out for some survival tips later.
I imagine it will get easier — I was actually on stage twice yesterday. Moderating a blogger’s panel was fun and I felt relaxed. Giving a talk is a very different animal.
Is FinCon your potential talk? You could give your speech to fellow cruisers on our pre-FinCon cruise!
Cheers!
-PoF
Physicians and pharmacists, Register with Incrowd for the opportunity to earn easy money with quick "microsurveys" tailored to your specialty.
I wish I was there to see your talk. I’m sure you did much more than tread water by swimming gracefully! I hope you test the waters again so I can see you up on stage one day.
That Frequent Miler article was so funny. And it totally reminded me of an experience that ESI, you, and I each had with the time share “ownership” industry and their presentations. 😀
Hopefully, we’ll have an opportunity to do this again. It wasn’t the most graceful swim, but I did make it across the lake.
Cheers!
-PoF
It’s like purifying yourself in the waters of Lake Minnetonka ?
Thanks very much for the feature, PoF! Congrats on your talk! That looks a bit terrifying!! 🙂 Beverages very much earned!!
Thanks for the nod to my blog! You folks are doing a great service to your collegues. Looks like I am going to have to add a new conference to my CME list. Congrats!
Thanks for the mention of FINER even though it deviates from your FIRE theme.
I regretted not signing up for the WCI conference before it filled up. I really missed out. Maybe next year.
You deserve a beer after that courageous performance in a room of sharp minds!
You would have had a great time, WD.
Enlightening talks from engaging speakers, ski slopes all around, and a bunch of people eager to learn more about personal finance and make new friends. What could be finer?
Cheers!
-PoF
Another great Sunday Best PoF!
A few of these posts I hadn’t seen before! Thanks for pointing them out!
I try to bring you something new every week. Glad to hear I succeeded.
Cheers!
-PoF