The Sunday Best (1/13/2019)

The Sunday Best is a collection of articles I’ve curated for your reading pleasure.

Expect most of the writing to be from recent weeks and consistent with the themes presented on this website: investing & taxes, financial independence, early retirement, and physician issues.

 

 

Presenting, this week’s Sunday Best:

 

It’s been a little over two years since I published The Sunday Worst in the wake of resident physician and blogger Dr. Amanda Liu’s unfortunate demise. Her site, Dr. Wise Money, was ahead of its time as one of about five physician finance blogs in existence when I started this one. Her sister has kept the site going and offers an update on what she and her family have been through and up to in the interim, a Two Year Review.

 

My friend Jillian from Montana Money Adventures has been sharing her fascinating story with some great FIRE bloggers. She visits the author of The Simple Path to Wealth at jlcollinsnh.com in “I Wanted the Unreasonable.” 

 

Jillian also paid a visit to Kristy and Bryce at Millennial Revolution, penning How to Become FI With 6 Kids, Zero Privilege, and a Small Salary. Naysayers, check it out. And check out Ms. Montana’s free 10-day course (I tried to convince her to charge money, but she persisted): Live With Intention: A Road Map to Your Best Life.

 

A young woman from my little hometown is living her best life, traveling the world, working odd jobs, and of course, sharing her experiences online at The Wanderlust Rose.

• From an Empty Passport to 13 new Countries in Less Than a Year
• 10 Things Traveling Solo Has Taught Me
• How to Get a Free All Inclusive Stay in Europe
• How to Get Free Guided Tours All Over Europe

 

“The more you limit yourself, the more freedom you create.” Rich from PF Geeks explains the paradox in The Surprising Way that Financial Discipline Leads to Financial Freedom.

 

Wait… did I join a cult? I just may have, according to the Physician Philosopher. Joining a Cult: The Financial Independence Counterculture

 

The cult members could not have been too pleased with the performance of our index funds last year. Based on history, what can we expect in 2019? From Four Pillar Freedom, Here’s How the Stock Market Has Historically Performed After a Down Year.

 

Well, it could be worse. We could have invested with Option Sellers and lost more than 100% of our money. Big ERN of Early Retirement Now explains their strategy and how it lost their clients everything and them some. The OptionSellers.com Debacle: How to Blow up Your Portfolio in Five Easy Steps.

 

This millionaire series has proven to be immensely popular and has now exceeded 100 stories. From ESI Money:

• Millionaire Interview #101
• Millionaire Interview #102
• Millionaire Interview #103
• Millionaire Interview #104
• Millionaire Interview #105

 

John from ESI Money continues to share what he’s learned from asking detailed questions of so many millionaire investors. Five Attributes of Millionaires, Part 1 and Five Attributes of Millionaires, Part 2.

 

I made my 2019 non-deductible contribution of $6,000 each for my wife and I on January 3rd and converted to Roth on January 4th, completing the two-step Backdoor Roth. Vanguard Backdoor Roth 2019: a Step by Step Guide.

 

On Thursday, I published updates with lots of 2018 data pertaining to the blog and our personal finances.  2018 Q4 & Annual PoF Portfolio, Spending, and Blog Performance Update.

 

This week’s Saturday Selection from Passive Income MD focuses on his imperfections when it comes to money. Seven Money Matters I’m Horrible with and How I Deal with Them.

 

 

 

 

Have an outstanding week!

-Physician on FIRE