The Sunday Best (9/17/2017)

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:

 

I always have fun with interview posts, and my latest Q&A was no exception. The Gen Y Finance Guy asks 16 questions, and I answer ’em. Interview with Physician on FIRE.

 

The psychology of personal fascinates me. This post from Jim @ Wallet Hacks is all about the psyche. 15 hidden Cognitive Biases That Cost You Big Money.

 

Don’t wait until you’re wealthy to be generous. Apathy Ends has found ways to be charitable while living frugally and pursuing financial independence. Turning Savings Hacks into Charity Hacks.

 

Another couple pursuing financial independence, a Physician Couple, is making great strides, approaching a net worth of zero. How We Improved Our Net Worth by $730,000 in Less Than Three Years.

 

A high salary is a great way to improve your net worth. How do you get one of those? My Dad likes to say “If you don’t ask, you don’t get.” So does Dr. Nisha Mehta, guest posting @ Miss Bonnie MD. If You Don’t Ask.

I’m not as concerned about my salary these days, which is why I’m dropping to part-time in 2 weeks. The Wealthy Doc would call this next phase a Victory Lap, as he explains in Rethinking Retirement – the Four Boxes of Life.

 

Before retiring early — that would be the third or fourth box, depending on plans — you’ll want to check some boxes. Our Next Life runs down a list in The Final Early Retirement To Do List // What Are We Forgetting?

 

If you’re struggling to figure out why or how one should approach financial independence, take some time to listen to Jonathan and Brad of ChooseFI as they intelligently discuss The Why of FI and The Pillars of FI.

 

Who are your Financial Mentors? The White Coat Investor thanks a bakers’ dozen, some of whom are familiar, some expected, and some rather surprising! A Debt of Gratitude For Financial Mentors.

 

The last time I featured Early Retirement Now‘s incredible safe withdrawal rate series, he had thirteen installments. It’s high time we get caught up.

• Part 14: Sequence of Return Risk
• Part 15: More Thoughts on Sequence of Return Risk
• Part 16: Early Retirement in a low return environment (The Bogle scenario!)
• Part 17: Why we should call the 4% Rule the “4% Rule of Thumb”
• Part 18: Flexibility and the Mechanics of CAPE-Based Rules
• Part 19: Equity Glidepaths in Retirement

 

Discover Even More Blogs!

 

If you’re reading my Sunday Best, you probably like discovering other personal finance blogs. I’d like to share three cool ways to do so.

 

1. Rockstar Finance Blog Directory

 

Our friends at Rockstar Finance, who was kind of enough to feature my post on Berkshire Hathway this week, have put together a robust personal finance blog directory, searchable by keyword and a number of different dropdown categories, including age, profession, nation, state, and household.

Want to read only personal finance blogs from Minnesota? You can do that (and you’ll have about 30 to choose from!). Care to narrow it down to physician-authored blogs? That’s easy to do, too.

Would you rather just see a list of the latest blog posts from across the personal finance blogosphere? [apologies for using the term blogosphere]. They also host a page with excerpts from all the posts from the last 24 hours.

 

 

2. Mindfully Investing’s Guide to Personal Finance Blogs

 

Like the Rockstars, Mindfully Investing has cataloged over 1,200 personal finance blogs. This site has taken another step to build some interactive tools with fun graphical displays to organize them in unique ways.

You can view them by style, topic, geography, age & frequency, and blogger types.

My favorite feature, though, is the ability to search all the blogs in one custom google search. Do you want to read only the posts that mention “india pale ale”? Easy. Want to hear what the personal finance community has to say about Buenos Aires? No problema!

 

3. Rockstar Physicians

 

No relation to Rockstar Finance, but created with RSF’s blessing I’m told, Rockstar Physicians is a new page from Give. Earn Live.

I expect the page to evolve, but currently, there are three featured articles followed by some top articles from a half dozen physician personal finance bloggers. I look forward to seeing what develops going forward.

 

 

Have a great week!

-Physician on FIRE