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.
For more great articles, take a peek at The Sunday Best Archives. Now let’s get to the best… The Sunday Best!
If you’re making sacrifices to achieve FI, Cory Fawcett of Financial Success MD would like to have a word with you. Financial Independence Doesn’t Require Delayed Gratification.
If you think sports cards or digital collectibles are going to propel you to riches. Alan Cole of Full Stack Economics would like to have a word with you. Sorry, Collectibles are Terrible Investments.
My med school classmate and former interventional radiologist, Dr. Jeff W. Ross of Vailshire Capital Management, has a word with Dr. Jim Dahle on the difference between Bitcoin and all other things crypto. Investing in Crypto-Assets with Hedge Fund Manager, Dr. Jeff Ross on the White Coat Investor podcast.
Millennial Revolution tells the tale of a “friend” who tried to get them to invest in his “sure thing.” How to Avoid Investment Scams. They’re not that hard to spot, but sadly, smart people keep falling for them.
A recession can’t be officially declared until we see two consecutive quarters of declining GDP, but sentiment suggests we are well on our way. Mike Piper, the Oblivious Investor, reminds us how we investors should behave. How to Invest with a Looming Recession.
The CIO of RealtyMogul weighs in from the commercial real estate perspective. How inflation can be both good and bad for investors: Investing in Uncertain Geopolitical and Inflationary Times.
If you play your cards right, you could be smiling when we reach the other side. Building Wealth in a Bear Market is easier than you might expect.
If you want to plow money into this bear market, now is a great time to be making extra money. Rich and Regular highlight one way certain people are doing this. The “Overemployed”: working Two Full Time Remote Jobs.
A female physician and a pharmacist are working two full-time, in-person jobs, and they’re not exactly loving it. Are changes on the horizon for them? FIRE Crossroads 030: A Physician and Pharmacist are Almost There!
An Update on my ARKK & BTC Holdings
A year ago in The Sunday Best, I commented on the volatility of the technology-focused ARK Innovation fund and Bitcoin, both of which had taken quite a hit in the preceding months back then.
I owned neither of them then, and **surprise** I still own neither of them today.
It looks like I made a good call not owning them over the past year, but hindsight is 20/20. Buying now could represent buying low or catching a falling knife. I’ll mark my calendar, and we’ll see where they’re at in another year!
We’re wrapping up another amazing month of travel this weekend with a 2-day drive of nearly 20 hours’ length from Bar Harbor, Maine to Alpena, MI. We opted for the slightly longer drive through Montreal and Ottawa, spending more time in Canada on this northerly route.
In this last week or so, I’ve been a stooge on the stage at the Blue Man Group in Boston, treated my family and a few friends to front-row balcony seats for Harry Potter and the Cursed Child in New York, visited a bunch of breweries in Maine, and went on some stunning hikes in Acadia National Park.
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Now, it’s time to return to the real world. Our neck of the woods in northern Michigan was hit with a tornado and large hail Friday evening. Our immediate neighborhood escaped unscathed, but we have family and friends who are dealing with some serious damage. Prayers to all who are affected.
This week, we finally break ground on our new home, and I hope we’ll be living in it a year from now.
A Recommended Insurance Agent
Kaplan Financial Robert B. Kaplan, Certified Financial Planner™, founder and President of Kaplan Financial, specializes in serving the unique disability insurance needs of over 2,500 physicians nationwide. Robert, who founded the firm in 1990, is a former CPA with Ernst & Young and has been married to a practicing physician for over 25 years.
Robert is a recognized sales leader among disability insurers. He works with a broad range of insurers to find the best combination of policy features, cost, and financial strength for you. As a result, he is able to make informed recommendations based on objective research and your individual needs.
Kaplan Financial is the place to go for objective and experienced financial advice, discounted rates on individual disability insurance, and a long-term commitment of superior service. I invite you to contact Robert Kaplan, CFP® today by visiting his website at www.KaplanFinancial.net; email at [email protected]; or by calling 818.783.6620.
2 points per dollar spent (2% cash back equivalent). Up to $300 credit each year for travel booked on Capital One Travel, 10,000 bonus miles each account anniversary ($100 value). Unlimited Priority Pass Lounge Access, $100 Global Entry or TSA Pre✓ credit. $395 fee can be more than offset with travel credit & annual point bonus
Have an outstanding week!
-Physician on FIRE