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!
While out in Colorado, I joined my friends Carl and Doug in the Mile High FI studio for a video and audio recording of their hit show. Episode 112: Physician on FIRE. Watch on YouTube.
It might feel like we’re in unprecedented times, but as far as the stock market goes, this decline is rather ordinary. The Irrelevant Investor takes a look at the sometimes ugly market history in Back to Basics.
“Happiness is a by-product of the things we do, not the ultimate goal.” – Darious Foroux. It’s Time to Rethink Retirement.
If money can buy time, and you can use time to make money, which is more important? Retire Before Dad examines the changing relationship between Time and Money.
A physician colleague lights a strawman on FIRE with a weak attempt at belittling those who pursue financial freedom. I respond rather forcefully In Defense of FIRE.
Early retirement is nothing new; Millennial Revolution shares the story of a couple that retired at 38 back in the early 1990s. Meet Billy and Akaisha Who FIREd 30 Years Ago Part I & Part II.
If you didn’t know about FIRE at 38, fear not. Allen Valentine discovered the concept at 46, realized he was far behind, and decided to do something about it. From Finally Time to Live, Finding FIRE After 40.
Everyone wants to know what to do about healthcare when retiring early. Fritz Gilbert with Retirement Manifesto looks at a range of options. Evaluating Health Insurance Options For Early Retirement.
- Related: Early Retirement Checklist Part Two: Insurance, Family, and Social Considerations Prior to FIRE
Have you built up your taxable brokerage account? The FI Tax Guy explains The Advantages of Living on Taxable Assets First in Early Retirement.
Are you familiar with the different Flavors of FIRE? Loonie Doc looks at my favorite flavor, fatFIRE, and a number of others.
If you retired in recent months, sequence of returns risk could be a real issue for you. Richard Connor with Humble Dollar has advice for retirees dealing with a market Beginning Badly.
If you think the S&P 500 is having a rough year, take a look at the SPAC market. Young Money pens A Memoir to Chamath and the SPAC Bubble.
Real estate investors may soon be writing memoirs recalling the good old days of 100% bonus depreciation, which is slated to end after 2022. The White Coat Investor reminds you to Take Advantage of 100% Bonus Depreciation While You Still Can.
My heart goes out to all who are faced with rebuilding their homes and lives after the devastation that Hurricane Ian has left behind. As a three-year Florida resident as a “Gator sedator” and frequent visitor, I have a strong connection to the state, and it was painful to see the images.
Sadly, Ian wasn’t done when he ventured out into the Atlantic, and now our friends in the Carolinas have a mess on their hands, as well.
If you’ve been impacted by the hurricane, please do what you can to stay dry and stay safe. For those looking for ways to help, here’s a list compiled by USA Today.
What is a Self-Determined Physician?
A Self-Determined Physician is a doctor who has complete autonomy over both life and career… but first you have to create financial freedom and balance so that you say “Hell Yes” to what matters most to you (and say no to everything else!).
To learn how to create that freedom, make sure to sign up for the three-day live event, The Rise of The Self-Determined Physician, where we will discuss:
- Day 1 – The 5 Step Process to Diagnosing Your Burnout So That You Can Fix it and Create a Life You Love.
- Day 2- How to create the Financial Freedom to Say Hell Yes to What Matters Most!
- Day 3 – The Mindset Shift every Self-Determined Physician Must Make
To sign up for this three-day live event featuring host Dr. James Turner that begins this week (10/4) where 3 Category 1 CME credits will be offered, visit The Self Determined Physician.
So Long, Summer
Summer officially left us less than two weeks ago, but I don’t need a calendar to tell me that summer is in our rear view mirror for 2022.
Since fall commenced, I’ve taken our boat out of the water for the season, winterized its motor, brought it in to be wrapped for winter storage, and had the boat lift and dock pulled out. The kayaks need to come in, too.
I used to get up early to run before it got too hot out. Now, I fiddlefart around until it warms up at least a few degrees. It was 39 degrees when I started my long run on Thursday morning. Brrr… but the 16-miler went really well with an average pace of 8:45. I don’t think I could keep that up for another 10.2 miles, but it was a doable half-marathon-plus pace for me at this point in my training.
We’ve got a lot to look forward to this fall with two and half weeks in Europe followed by two and a half weeks at sea. Between land and sea, we’ll spend at least a little time in six countries, and our dollar should go further than it has in quite some time!
My Gophers lost their first game, and I lost a bet. I’ll be buying beers for a Purdue fan, which hurts. But hey, it’s a new day, and the Vikings are playing in London this morning. Skol Vikes!
It’s also prime time for fall beer festivals, and I volunteered at our local Sunrise Suds Tap Takeover, pouring beers into the evening and sampling a bit myself while enjoying a good variety of live music.
I hope your weekend was all you had hoped it would be. I can’t complain.
$200 Off Passive Real Estate Academy!
There’s one type of real estate investing that’s particularly attractive for us Financially Independent Retire Early folk: Passive.
And that’s why I’m excited to say that Dr. Peter Kim’s Passive Real Estate Academy is offering a $200 discount for early enrollees — that deal ends tonight 10/2 at midnight!
My fellow anesthesiologist, Peter, has created something that shows anyone (but especially doctors) how to create wealth in real estate without the headaches of becoming a landlord — and in any type of economy.
This is important if you want a way to get into real estate to protect your wealth with less effort.
Here’s a peek as to what’s inside:
- A step-by-step 1 month course designed to take you from knowing ZERO… to investing with confidence
- Q&As with industry experts who will give you the inside scoop on market trends and financial strategies for physicians
- Access to exclusive, pre-vetted real estate investment deals
- And lifetime access to the PIMD Platinum Investor Club with 2,000+ members
This is a special group of people that will put you on the right path towards financial freedom.
And the best part: They show you how to do it in a way that lets you keep your time freedom, even at scale.
Enroll now during the waitlist promotion and save $200 on tuition!
Dine with DLP
Speaking of passive real estate investing, we’re less than two weeks away from DLP’s next Capital Dinner, which takes place October 12th at DLP’s new headquarters in St. Augustine, FL.
Dinner will begin at 5 p.m., followed by a presentation by CEO and Founder Don Wenner on DLP Capital’s $1 billion pipeline, reduced investment minimums, and so much more.
DLP is is offering one free ticket to their upcoming Health, Wellness & Longevity event to anyone who invests at least $250k by October 15! Note: A complimentary ticket does not include a hotel room. All rooms must be booked via this link by October 9, 2022.
View all of DLP’s current Investment Incentives.
If you can’t dine with DLP in person, register here for the virtual option to get the latest info on DLP and their impact-oriented investments.
Have an outstanding week!
-Physician on FIRE
2 thoughts on “The Sunday Best (10/02/2022)”
Thanks for the shout-out POF. I am definitely a FatFIRE fan too. I also took away some great points from considering the other flavors and having sampled them at different times. Makes for a good decision-making framework. I am also thrilled to know that someone else uses the term “fiddlefart” besides me. I do a lot more fiddlefarting these days too.
Cheers to fatFIRE and fiddlefarting! [my kids love that word, too — makes them giggle]