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The Sunday Best (04/24/2022)

The_Sunday_Best_2021

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!

 

The_Sunday_Best_2021

 

 

He dropped out of pharmacy school, learned how to code software in six months, and made a good career of it for more than twenty years. But then Carl from 1500 Days decided to be done with that, too. What’s he been up to? 5 Years of FIRE Life.

 

Carl’s both wealthy and happy, but the two don’t necessarily go hand in hand. Ben Carlson from A Wealth of Common Sense explores. Why Aren’t Rich People Happier?

 

It’s not just the rich that are unhappy. An annual survey on American happiness registered the worst numbers in 50 years, by far. Jonathan Clements with Humble Dollar looks into why we’re feeling Sick and Tired.

 

Where are people happiest? And what factors matter most? Come On, Get Happy: Money Lessons from the World Happiness Report.

 

The rising cost of just about everything is not making me happy. Understand long-term inflation and how your portfolio can rise with its tide. Inflation in 2022, the Rule of 72, and What to Do.

 

Here’s what to do (and what not to do) when managing student loans. Learn from the Darwinian Doctor‘s mistake in How I Failed at Refinancing my Student Loans.

 

The Dragons on FIRE want you to learn from their mistake. They say it’s the fact that they did Roth conversions without factoring in some realized capital gains. I say they didn’t convert enough! Our $3,500 Income Tax Mistake.

 

This family, bringing in $900,000 a year in income, has made some mistakes but they’re trying to right the ship. Would moving help them achieve their goals faster? FIRE Crossroads 028: Geoarbitraging to Partial FIRE.

 

She doesn’t earn nearly that much, but Dr. Disha Spath and her husband became millioniares within half-a-decade of finishing residency, as she shares on White Coat Investor. Going from Broke to Millionaire Status in Just 5 Years.

 

In their 20s, they sold the Chicago condo and bought a 35′ catamaran. Twenty years later, they’ve got a globetrotting family. Patrick Schulte from Bumfuzzle shares his story on Making Sense of Cents How I’ve Traveled Full Time For 20 Years (And Make/Save Money).

 

Andy from Marriage Kids and Money answers a question commonly pondered before marriage. Pros and Cons of a Prenuptial Agreement (And How to Get One).

 

Why invest in private real estate deals when you can buy REITs in the public markets? EquityMultiple compares cash-on-cash returns and performance as an inflation hedge. Multifamily REIT Dividends vs EquityMultiple Investments.

 

A TON of Travel

 

On Wednesday, we embarked on our third month-long trip of 2022. This one might last a bit longer, depending on how much time we decide to take on the long drive home.

On Saturday, we flew from BosTON to HousTON, and tomorrow we’ll be in GalvesTON. We also spent two nights and one day in Toronto, which doesn’t end in TON, but does have two Ts, two Os, and and N.

 

 

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We’ll be visiting the Space Center Houston today and finding our way to the island tomorrow for four days of beachside fun. We’ll meet up with friends to board our 13-day cruise that takes us to Central and South America, the Caribbean, and finally New York City.

We’ll spend a day and night in The City, head back up to Boston for a few days, and then on up to Maine for 5 days. We’ve booked stays in Portland and Bar Harbor and we plan to do some hiking in Acadia National Park.

By the time we’ve done all that, we may be itching to get home, especially if ground has been broken on our new home. If not,  we may take our time and come home the long way, passing through Quebec City, Ottowa, Montreal, and Sault Ste. Marie.

It’s a lot, but as I’ve said before, after being largely locked down for the better part of two years, we’re making up for lost time! I don’t mind a good road trip — we passed the time on our way east listening to an outstanding book via Audible (free trial available)Beneath a Scarlet Sky, a World War II tale based on a true story that takes place in northern Italy.

 

 

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Have an outstanding week!

-Physician on FIRE

 

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1 thought on “The Sunday Best (04/24/2022)”

  1. That’s a TON of traveling you guys are doing! Have fun, stay safe, and enjoy the trip!

    (Oh, and great Sunday Best as always. Lots of good stuff to read this week!)

    Reply

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