The Sunday Best (5/7/2017)

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:

 

Mama Fish Saves uses here Wall Street cred to dish out investment advice. Terrible investment advice. After polling numerous bloggers including me, Chelsea compiled The Worst Financial Advice We’ve Ever Heard.

 

Want to be happier? The lawyer behind Power of Thrift has some advice. The Enemy of Happiness in Entitlement.

 

This site has a mission statement, but I haven’t crafted one for myself. The Productive Physician suggests you should Create a Personal Mission Statement for the Life YOU Want.

 

Any podcast fans? Sometimes, it’s easier to listen than read, and the Financial Panther likes to listen. See his list of 9 Best New Personal Finance Podcasts (4 of which I have recorded with or plan to chat with soon). As a lawyer married to a dentist, physician podcasts are among the Panther’s favorites. Mine, too.

 

Being a landlord isn’t much fun, but collecting rent checks is. The No-Nonsense Landlord shares some of his business secrets in Landlord Tax Planning.

 

You don’t ever feel overly busy, do you? Didn’t think so. The Doctor in Debt discusses The High Costs of Being Busy.

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I featured the first seven parts of Dr. Big ERN’s safe withdrawal posts, and he’s kept improving and expanding the series with six additional articles. From Early Retirement Now:

 

Primal Prosperity put the Rockstar Community Fund to good use, educating high school kids on personal finance topics. Read highlights from her first workshop in What Should We Teach Kids About Money?

 

Huge bonus points to My Sons Father (not me, but the blogger by that moniker) for creating the world’s first Physician on FIRE minifigure out of LEGO to introduce his Random Questions series. His first guest? Himself. Clever.

 

We practice evidence based medicine. Yesterday, in a guest post at The White Coat Investor, I asked Why Not an Evidence-Based Life?

 

Berkshire Hathaway Annual Meeting

 

Within the last year, I purchased my first shares of the one and only individual stock in my portfolio — Berkshire Hathaway.

I bought BRKB for a few reasons. One, it pays no dividend, which makes it an excellent candidate for the taxable account for a person like me in a higher tax bracket. Two, the stock has an excellent track record, returning about double the S&P 500 over many years. In the 8+ months I’ve owned it, the stock is up 11.3%.

The third reason, which is truly the main reason, is that it gets me tickets to Warrenpalooza, a.k.a. the Berkshire Hathaway annual shareholders’ meeting. It’s a gathering of some 30,000 investors eager to hear the words of the Oracle of Omaha and his companions.

Unfortunately, call duties prevented me from making the pilgrimage this year, but I do hope to make it to the land of beef steak and cornhuskers while Warren Buffett and Charlie Munger remain at the helm.

Perhaps next year I’ll be able to swing it, and I imagine a number of readers and fellow bloggers will be there, too. Let’s meet up!

 

A Blogger Meetup

 

While I wasn’t able to make it to Omaha last weekend, I was able to meet up with a gregarious group of personal finance aficionados in Minneapolis last weekend. Although the gathering spot I chose was subpar — we had to skirt around a climate change protest and found no grills in spite of the website’s proclamation — we soon found a warm atmosphere and cold beer in a nearby brewpub.

I want to thank everyone for coming out, including the folks behind Apathy Ends, Bible Money Matters, Budget on a Stick, Centsibly Rich, Fiery Millennials, Grounded Engineer, No Nonsense Landlord, Wealth Well Done, and the not-yet-a-blogger Red Hooded Sweatshirt. It was a great time, and I hope we can do it again soon.

Cheers to Amanda @ Centsibly Rich for a random act of kindness, picking up a random table’s tab at The Republic, and kudos to Peter @ Bible Money Matters on his 300,000 pageview day thanks to his post on Dave Ramsey’s home.

 

optical illusion alert: who’s in front on the far left?

Vote for Hopslam!

 

If my #TopBrewTues photo (top right) gets enough likes, I’ll win tickets to a brew fest I won’t be attending.

But if I do win, I will give away the pair of tickets (an $80 value) to the FemAle Brew Fest in Fort Lauderdale, FL on Saturday, May 28th to the first person who comments below that they are willing and able to go.

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Have a great week!

-Physician on FIRE

 


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