Happy Father’s Day to all the amazing dads out there! We hope you’re having a fantastic day filled with love and relaxation. To celebrate, we’ve got a special finance blog post lined up for you today. Whether you’re a seasoned investor or just starting out, there’s something in here for every dad (and everyone else) wanting to secure their family’s financial future. Let’s get started!
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!
Jorge Sanchez, MD, compiled this week’s articles.
How do different valuation methods affect our perception of the current stock market’s value? A Wealth of Common Sense answers this question in “How Cheap or Expensive is the Stock Market Right Now?”
Advisor Perspectives discuss how we might better utilize forecasts or identify more reliable indicators for investment decisions. Economic Forecasting is A Waste of Time.
Ever heard of “Fat FIRE”? No, it’s not a hot new diet, it’s a twist on the FIRE movement. It’s an attractive prospect, especially for those high earners who are feeling the burn(out) and dreaming of an escape hatch. Debt-free Dr shows us how to heat things up. Fat FIRE: A Game-Changer for Early Retirement Success.
Early Retirement Now debunks some myths about financial flexibility. It’s often hailed as the holy grail of financial planning, but is it really all it’s cracked up to be? What if the touted flexibility factor is just a personal finance zombie, popping up when you least expect it and not nearly as helpful as it seems? Flexibility Is Overrated.
FI Physicians demystifies the intricate choices around retirement plans like 401a, 403b, and 457b, particularly for physicians who are high-income professionals optimally deferring income into retirement plans during peak earning years. Have a 401a vs 403b? 457b? Physician Retirement Plans
The blog article “Ask Before Quitting” on Humbledollar is a thought-provoking piece about considering some often overlooked aspects of retirement.
In My Money Blog, Jonathan Ping discusses the uphill battle for homebuyers in today’s market, marked by low inventory, high prices, and soaring mortgage rates. With mortgage payments for a median-priced home at an all-time high, the blog provides valuable insights into the tough realities of the current housing market. Home Buying Struggles
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As house prices in the U.S. continue to surge beyond the growth rate of median household income, Of Dollars and Data delves into various factors contributing to this trend, promising an intriguing and thorough exploration of the contemporary housing market. Why Are Houses So Expensive?
This week in “Market Monitor: Where and When Will Distress Hit Commercial Real Estate?” featured on the Origin Investments blog written by Dave Welk, seeks to dissect the impending concerns in the real estate capital markets, specifically identifying when and where distress will surface within commercial real estate.
When buying a house, it’s essential to be a thorough inspector and watch for potential red flags that could lead to unexpected costs. Given that a home is likely your biggest financial asset, especially if you’re taking on debt, it’s crucial to be aware of these warning signs to make an informed purchase decision. From The Financial Samurai who looks at the 10 Warning Signs Before Buying A House: Be A Thorough Inspector
Calculating your expected tax bill can be a frustrating experience – it can feel like feeding numbers into a black box without an idea of what answer you’ll get. But if you open that box, you’ll find two calculations that go into figuring out your tax bill – the normal tax calculation and a second (lesser known) calculation known as the Alternative Minimum Tax (AMT). Minimizing Your Alternative Minimum Tax (AMT) Liability
Ever thought about how to strike a balance between saving money and living a fulfilling life, especially in high-earning professions like medicine? The Physician Philosopher unpacks the notion that it’s entirely possible to make financial strides without sacrificing the things you love. How To Save Money and Still Enjoy Life
This section is sponsored by and was written by our friends at DLP.
As many of us prepare for summer break, upcoming vacations, and family get-togethers, DLP Capital has some important dates for you to place on your calendars so you don’t miss out! But before we dive into those events, don’t forget: introductory investment minimums lowered to $100,000 for a limited time for POF Members! Now is the time to invest and start taking advantage of double-digit returns. With these reduced minimums, you can create a diversified portfolio with less risk than ever before. Email invest@dlpcapital.com to get started.
Allentown, PA, Capital Dinner – June 22 at 6 PM EDT In Person | 7 PM EDT Virtual You’re invited to attend DLP’s next Capital Dinner, taking place on June 22. They’ll be in their hometown of Allentown, PA, for another incredible night of food, fun, and networking. Whether you’d like to join in person or via their virtual option, you’ll walk away with incredible insights into their latest fund performance, market updates, and more. Click here to register.
For all of DLP Capital’s upcoming events, visit dlpcapital.com/events!
Have an outstanding week!
-Physician on FIRE