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The Sunday Best (05/12/2024)

PoF: Sunday Best

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 I 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 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 (05/11/2024)

To do or not to do? The answer rests upon the worth of every choice that defines your life. Money, time, and investments have one thing in common – when you spend one, you lose out on something else you could have done. Whether it’s renewable energy, timeshares, or ice cream, we’re eager for you to Understand Opportunity Costs and Make Better Decisions

I've got my 2 acres of non-leveraged, crop-producing, cashflowing farmland via AcreTrader. Get yours.

It’s not uncommon to pick from two difficult options, especially when savings and taxes are involved. Try Jonathan Clements’s advice on Paying to Avoid Pain – how wealthy folks prepare income taxes on retirement accounts and save on federal tax bills. 

 

Although managing finances in this economy can appear Sisyphean, what about scrimping and savings to start your snowball rolling down the hill as they gets bigger and bigger…

 

Have you ever felt like enrolling in a separate linguistics class to understand finance vocabulary? Ben Carlson’s up to the task of Translating Wall Street Jargon

A little more education from us on Infinite Return – A Tax-Free Strategy to Grow Wealth. From leveraging assets, to reinvestment strategies and compound interest, we’ve got you covered. 

 

Join Paula Pant in a podcast uncovering the story of Brian Kelly, who moved away from crushing debt to Growing A Side Hustle Into a 140-person Business

 

Millionaires still pay their fair share; borrowing, investments, and savings are all part of the journey to reaching your goal. Take a look at Jeremy’s monthly debt payments as a millionaire. 

 

There’s a lot to learn about financial literacy before it’s too late, and this personal finance educator has all the right questions you could be asking yourself, beginning with something as simple as: How do I stop living paycheck to paycheck?

 

With income rates far behind mortgage and housing prices, who can afford to own a home in this decade? Learn about the Rise of the Forever Renter Class with Nick Maggiulli.

 

Is Social Security Going Bankrupt? Here’s a Wealth of Common Sense about the future of America’s most important retirement plan. 

 

Where there’s a practice, there’s a business. Private Equity Has Infiltrated Dentistry and Dr Tyler Scott can explain why. 

 

Flying can be a luxurious experience without breaking the bank. Here’s How to Fly Private on a Budget as Low as $200 per Flight.

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May 16, 2024 at 5:30PM ET / 2:30PM PT

Physicians are not your average working professional. In addition to their unique lifestyle and career lifecycle, they see firsthand the deleterious effects and difficult decisions families have to make when a patient is struggling to recover.

Topics such as wills, trusts, estate planning, POAs/HCPs and finances inevitably become part of the conversation.

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