The Sunday Best 03/27/2022

The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading pleasure.

Every week, I scan hundreds of headlines, read dozens of posts, and bring you the best of the best to save you time and mental energy.

Financial Independence (FI) is a primary focus, but it’s an awfully broad topic. I tend to approach FI and early retirement from a fatFIRE perspective and through the lens of a physician, so expect to see those biases in the selected articles.

Related topics that have become recurrent themes include early retirement, selective frugality, tax issues, travel, physician issues, and of course, investing.

For more great articles, take a peek at The Sunday Best Archives. Now let’s get to the best… The Sunday Best!

 

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The Investing Doc doesn’t claim to be an amazing investor. He makes mistakes like the rest of us mere mortals. Investments Most Doctors Get Wrong, Including Myself.

 

Passive Income MD continues his True Doctor Stories with a visit from The Physician Philosopher. How I Created an Income Stream That Fights Physician Burnout.

 

Should you follow your passions or focus on stability and compensation? It depends on the situation, says Tamila McDonald with The Free Financial Advisor. When It’s Better to Follow Your Dreams Than To Follow Your Salary.

 

The Physician in Numbers has been spending time by the ocean. Would a second home there make sense for her and her family? She contemplates The Million Dollar Dream.

 

Now that we’re back to traveling more often than not, it seems as though we’re constantly dining out, and it’s not a good habit from either a health or financial standpoint. Melissa Batai from DINKS Finance understands and came up with a plan. Why I Dined Out Constantly and How I Stopped.

 

The venerable Warren Buffett has shared immeasurable wisdom over the years after amassing a not-so-small fortune with Berkshire Hathaway. Linda Meltzer with the cents of money shares her favorite Warren Buffett Quotes: A Treasure of 16 Investing Tips.

 

You could say Mr. Buffet has mastered the art of money. Jacob Schroeder with The Root of All explores relationships between art and money in this aptly titled piece. The Art of Money.

 

This interviewee is approaching his relatively modest FI number this year, but the overwhelming sentiment is that he may want to keep his job a few more years. Then, maybe he can open that brewery. FIRE Crossroads 026: Brewing a Path to FI.

 

Are you keeping score? The credit bureaus are. Rikki Racela takes down The White Coat Investor in Why My Credit Score Is Higher Than Jim Dahle’s. But is it higher than mine?

 

Speaking of high numbers, how much have property values gone up in your neighborhood? Dave with Accidental FIRE shows you how to quickly check on your county. Median Home Values and Mortgage Payments In Your Area: How Much Have They Increased?

 

The price of home construction is also rising — ask me how I know — and demand shows no signs of slowing down. Daved Scherer of Origin Investments gives us a glimpse of what they’re seeing on the commercial side. Multifamily Development Demand, Values are Outpacing Construction Prices.

 

I won’t say where these will be in 5 or 10 years, but digital assets have created tremendous wealth (and have crushed some speculators) in the last 5 to 10 years. Pharmacist Samantha Brandon penned this primer. Crypto and NFTs: The Good, The Bad, and The Ugly.

 

While visiting this Colombian city earlier this month, we learned just how far this city and country has come in the last 10 to 20 years. Family FIRE Travels: A Week in Medellin, Colombia.

 

 

The End of Time. Standard Time, That Is.

 

After returning from Colombia and having to adjust to Daylight Savings time a day or two after the rest of you, I was excited to hear about the Senate’s unanimous passage of the Sunshine Protection Act.

If passed by the House and signed by the President, we’ll fall back in November, spring ahead next March, and that will be the end of the biannual clock changing ritual. Hallelujah! If you’re in Arizona, Hawaii, or another place that doesn’t fall back or spring forward, nothing would change for you.

I deal with enough self-induced jet lag as we travel to different parts of the globe and catch early morning, late night, and occasional redeye flights. I could do without the spring and fall interruptions in our regular sleep routines.

Apparently, there’s some pushback on the bill. People are upset that it will be dark in the morning when kids go to school and people go to work. Guess what? Even with standard time in the winter, it was often dark when I went to school and almost always dark when I walked, biked, or drove to work. It’s been a fact of life for just about all of my life up north.

Come winter, it was often dark when I came home from work, too. An extra hour of daylight in the evening might make those early evening commutes safer.

I know this was tried once before I was born, but nearly half-a-century later, I think we’re ready to embrace a more consistent time.

 

 

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A Recommended Tax Strategist

 

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Have an outstanding week!

-Physician on FIRE

 

6 thoughts on “The Sunday Best 03/27/2022”

  1. Subscribe to get more great content like this, an awesome spreadsheet, and more!
  2. Another vote for permanent standard time. My little kids have enough trouble with their circadian rhythms as it is. Maybe we should move to Arizona, but don’t want to pay state income tax.

    Reply
  3. I also would prefer fixed standard time. I live more to the North than I did as a kid and I miss the warm summer nights. Around here it’s light until 9:30 in the summer, so we’re never watching the stars, and I struggle to get me and everyone to bed at a decent hour. But I’d be happy with just stopping the back and forth, no matter how it plays out.

    Reply
    • I hear you. It is touch putting kids to bed when it’s bright as day out, and an outdoor movie screen is pretty worthless when it stays light out until 10pm like it does in Michigan, one of the westernmost states in Eastern time.

      Cheers!
      -PoF

      Reply
  4. Glad you and the family are getting back to traveling!

    As one that has an occupation that mostly disregards the circadian clock, it always amuses me when folks complain about the time changing by 1 hour.

    However…the sleep medicine folks think Standard time is better than permanent DST. I tend to agree with them. For the times I’m not trying to readjust back to my body time, whatever that may be at a given moment.

    https://www.prnewswire.com/news-releases/aasm-statement-on-senate-passage-of-permanent-daylight-saving-time-bill-301503662.html

    Reply

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