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The Sunday Best (07/09/2023)

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 frugalitytax issuestravelphysician 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, curated this week’s articles.

 

Now that 2023 is more than halfway over, we ask whether the S&P is trending toward a great or mediocre year. Mr. Firestation gives us his opinion in this very short read with an interesting figure.  Strong First Half

 

Feeling some anxiety on the verge of this economic downturn? Well, Passive Income MD provides us with a little financial Xanax so that we may sleep better at night. How To Thrive In A Recession.

 

I live in Naples, Florida, and Naples is known to have a large seasonal component. Many people come into town for several months and then move back north to their primary homes. Semi-Retired MD explores this opportunity in  7 Reasons You Should Invest in a Mid-Term Rental

 

 

Sometimes a picture is worth a thousand words and this one reveals the impact of factors such as the shortage of single-family homes and low mortgage rates on the rise in housing prices. U.S. Home Price Growth 1983-2023 by The Visual Capitalist. 

 

A Twitter post about a potential housing collapse. Redfin data validating the low housing supply. Yahoo Finance reports increasing home prices. Sounds like the plot for a nail-biting movie? Not really, but A Wealth of Common Sense puts it all together in: Is That It For the Housing Market Correction?

 

There are a lot of misconceptions about personal loans but thankfully, Camp FIRE Finance clears the air. Mythbusting: What You Need to Know About Online Personal Loans

 

Did I read that right? “Rentals Are More Passive Than Your Job” In Rental Property Investing Is Not Passive (It’s Passive ENOUGH) by Coach Carson debunks several myths about real estate investing. 

 

Debt-free Doctor offers practical advice (that’s free) on how to navigate and exploit tax laws to your advantage. 7 Top Tax Benefits Of Real Estate Investing

 

“Groundhog Day” is a film that showcases the potential of self-improvement and the pursuit of perfection through repeated experiences of the same day. You don’t have to go through that as explained by Fiology in Your Perfect Day: Crafting an Ideal Life Filled with Passion and Fulfillment

 

Millionaire Before 50 shows us how some folks, even in a land of opportunity like the U.S., end up in financial hot water. Broke on the Fourth of July 

 

The average indebted medical student graduates with approximately $209,000 in educational debt. And navigating loan repayment can also be challenging. The Motivated M.D. lists the value of PSLF to all medical school graduates who carry debt to know their options. The Best PSLF Backup Plan for Physicians

 

So how do you pay as little as possible for borrowed money? Doctors Need to Become Better Borrowers by The Prudent Plastic Surgeon answers that question.

 

If you are an intern and you hear talk about buying a house while in residency, then listen to The White Coat Investor who gives 10 Reasons Why New Interns Shouldn’t Purchase a House.

 

 

Summer Sale: 20% OFF from The White Coat Investor!

 

Our friends at WCI are giving you significant savings this summer. Now through July 10th, use code WCISUMMER23 to save 20% on each and every WCI course offering. This includes the ever-popular Fire Your Financial Advisor CourseNo Hype Real Estate, and courses with dozens of videos from past WCI conferences.

Copy that discount code [ WCISUMMER23 ] and save dozens or hundreds of dollars on your next or first WCI course!

Summer_Sale_410x200_Code_v2

 

 

Have an outstanding week!

-Physician on FIRE

 

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