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!
Dr. Mike Woo-Ming, a physician and successful entrepreneur, was kind enough to host me on his podcast, Bootstrap MD. How This Doctor Retired Early and Unknowingly Launched a Nationwide Movement with Physician on FIRE.
The White Coat Investor has released his latest book, and I can’t wait to get my hands on a copy. You can get yours here. Book Review: The White Coat Investor’s Guide to Asset Protection.
You can protect assets from creditors, but protecting them from your own behavioral biases is trickier. Nick Magguilli from Of Dollars and Data relearns a tough lesson. We All Knew This Would Happen.
Are we heading for a major recession. Deutsche Bank thinks so, and they’re not alone. Adam M. Grossman with Humble Dollar reminds us to take these Ominous Predictions like we take our margaritas — with a grain of salt (or more).
If you’ve got the FI, but are hesitant to RE, please understand that you can try before you buy. Hedge your early retirement with a FIRE by Trial.
I know that many of you skip past the travel posts, but this one from A Purple Life is unreal. Purple has done more for herself in a month than many people do in a decade. The Month Of México: April 2022 Recap.
The Dragons on FIRE went to the original Spanish speaking country and back without incident, but visiting family in The States proved costly. Early Retired Life — 04.22 — Getting COVID.
Chris Mamula from Can I Retire Yet hasn’t even left the country, but he’s found travel to be more expensive and difficult than ever before. Challenges and Rewards of Traveling in 2022.
You don’t have to leave home to find challenges in 2022. As The Reformed Broker notes, challenges can come to you. Inflation is Causing a Crime Wave in his wealthy suburban community.
The cost of furniture is up 15.2% in the past year, according to data from the Federal Reserve. Jim from Route to Retire found a fortuitous solution to his furniture needs after moving back from Panama. The Fascinating Reason We’re Traveling Over 500 Miles To Buy All Our Furniture. I guessed IKEA. I was wrong.
It is possible to profit in this inflationary environment, as Ken Boyd with CPA Accounting Institute for Success demonstrates. How To Profit With Real Estate in a Difficult Economy.
In a year and a half, they increased their number of rental units from a few to 22. Semi-Retired MD shines a light on this Texas pediatric intensivist and her husband and their growing real estate empire. Investor Spotlight: Kristina and Mario.
A word from site sponsor, Cadre: With inflation on the rise, investors are looking for ways to protect their portfolio against market volatility. Alternative asset classes –particularly commercial real estate — are one of the best ways to hedge against volatility. Learn how to build a healthy, diversified portfolio through investing in commercial real estate with Cadre.
Happy Mothers Day to all the mothers, grandmothers, great grandmothers, godmothers, fairy godmothers, etc… may your day be a splendid one!
I Want to Interview You (Written Interviews Only)
Perhaps you noticed that there was no interview post this week. There’s a good reason for that. The well has run dry!
If you’ve gotten anything out of analyzing the situations of others, please consider sharing your story. You can do so anonymously, as the vast majority of interviewees do.
As a reminder, we’ve got three series, with FIRE Crossroads being the most popular.
- The FIRE Starter series is for those early in their career.
- The FIRE Crossroads series is for those who may not have reached financial independence but are well on their way.
- The Post-FI Notes series is for those who are now FI, whether or not they’ve retired. We’ve had a good mix.
You can find dozens of previously published interviews here.
If you’d like to partake in a written Q&A and get some great crowdsourced feedback on your situation, please download a FIRE Starter, FIRE Crossroads, or Post-FI Notes interview form using the link in this section most appropriate situation.
The Voyage Continues
We’re about two thirds of the way through our cruise from Texas to New Jersey, and it’s been a good mix of busy days in port and lazy days at sea.
On the “lazy” days, I do my best to stay caught up with email, the Facebook groups, and obviously putting together The Sunday Best and my original Tuesday posts. It can be a bit of a challenge when there’s so many other things to do around the boat, but when you’ve got nearly two weeks, you don’t have to do all the things each and every day.
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A Recommended Insurance Agent
Stephanie Pearson, MD, FACOG, brings the experience of a physician into the disability and life insurance market. Injured in the prime of her career, the Board Certified OB/GYN took an unexpected journey to becoming an advocate and advisor for physician insurance.
Scott Ravitz, a longtime broker and insurance expert to the medical community, was a natural advisor and behind-the-scenes colleague for Stephanie. The partnership of PearsonRavitz wields the duo’s powerful combined skill set — and has made them sought-after experts on the basics and nuances of disability and life insurance for doctors.
PearsonRavitz Vetting Application
Have an outstanding week!
-Physician on FIRE
1 thought on “The Sunday Best (05/08/2022)”
Great Sunday Best as usual PoF! My favorite post this week was “We All Knew This Would Happen” from OfDollarsAndData.
It’s always impressive when people admit their mistakes, in this case, greed. I can only pray that I manage to learn from the mistakes of others.
No crypto “investments” in my future, that’s for sure!