The Sunday Best (11/8/2020)

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!



The Sunday Best


If you’re unhappy during your pursuit of financial independence, you may not be much happier on the other side. Make some changes to improve your life now with the help of The FIoneers. 4 Ways to Focus on the Journey While Designing Your Ideal Life.


If you’re not feeling so good about your work life or home life, The Physician Philosopher has some news you may not want to hear. It is All Your Fault.


You take the good, you take the bad, you take them both and there you have The Facts of Investing Life. Monevator argues that knowledge is far more important than skill for investment performance. When returns never seem to be living up to your dreams, educate yourself!


Joe from Play Louder is here to educate you in the field of retirement planning. A six-step guide to The Financial Planning Process: How to Mastermind Your Retirement.


When it comes to investing for retirement, many people talk about “buying the dip.” What if your strategy was to invest at the start of every year following a negative return? Zach from Four Pillar Freedom runs the numbers. What if You Only Bought Stocks After the Market Had a Down Year?


If that’s not the best way to time the market, what is? The White Coat Investor has discovered a better solution. This is simply The Best Way to Time the Market.


If your financial advisor tries to time the market on your behalf, that should give you pause. Do you know if he or she benefits from making trades in your account? What other conflicts of interests might there be? Two advisors who once worked for Northwestern Mutual have a frank discussion. How Conflicts of Interest Muddy the Financial Advice Waters on the Finance for Physicians podcast.


I've got my 2 acres of non-leveraged, crop-producing, cashflowing farmland via AcreTrader. Get yours.


With an age and net worth that looks much like that of someone else I know, Tom shares some tips that helped his family attain fatFIRE while in his early forties. A Real-Life Journey To Financial Freedom is shared at The Retirement Manifesto.


They’re not worth millions, but Ether to FI and his family are worth A Million, which is a pretty impressive feat with the anesthesiologist being just over 3 years removed from residency. Ether to FI: 3 Years to the First Million & a Net Worth Update.


What investing strategy will you use to reach financial independence? The Banker on Wheels looks at “3 Bogleheads” with three different approaches. How to Build an Investment Portfolio for Long Term Returns.


Does real estate play a role in your strategy? Passive Income MD outlines a popular way to rapidly grow a rental portfolio. Buy, Rehab, Rent, Refinance, Repeat: Build Your Real Estate Portfolio with the BRRRR Method.


Unsurprisingly, the stock market has been volatile these last two weeks, mirroring the nation’s emotional state. Ben Carlson of A Wealth of Common Sense has further questions in the election’s aftermath. My Biggest Post-Election Market Questions.


Carter Malloy, CEO of AcreTrader has no further questions. Why not? Because Farmland Doesn’t Care About Politics.


Finally, We Have a Winner!


I know many of you were waiting with bated breath as this was all sorted out. I’m happy to report that we have not one, but two winners to announce.

The winner of October’s $250 that is awarded to one new Curizon registrant referred by Physician on FIRE each month is Douglas Curtiss. The winner of $50 for bumping the monthly Curizon post in our physicians-only Facebook group is Alex Sadauskas.

If you’d like to be considered for November’s $250 prize, join Curizon here. If you’re already a member, join us at Physicians on FIRE (again, physicians only) and comment on the Curizon post announcing last month’s winners.

Curizon is one of several top-notch companies that pays healthcare professionals for their opinions. To learn more about them and our other survey partners, see my writeup on them: Medical Surveys that Pay Cash. They cost you nothing to join, and your participation can give you 1099 income.

Congratulations to our October winners, and I wish you luck in November’s drawing. To my knowledge, for as long as we’ve been doing this, there have been no sore losers nor legal action threatened.

In other news, we have a new President-elect in Joe Biden and Vice-President-elect in Kamala Harris. Congratulations are also in order on that front, and I wish our new leadership great success in reaching their goals of controlling COVID, unifying a divided nation, and reviving the economy.


There’s Money in Washington D.C.


It’s Dr. Obvious here, stating the inescapable fact that a crazy amount of money flows through Washington, D.C. How can you benefit from this plain-as-day knowledge?

It just so happens that you can invest in a mezzanine loan collateralized by a Hyatt Place in D.C. It’s got a 3-year term paying an 8.6% annual cash-on-cash return (after fees) in the form of quarterly distributions, beginning in Q1 of 2021.

Republic Real Estate has put together a feeder fund to help accredited investors who may not have six figures lying around to meet the usual required minimum investment. By pooling investor’s funds into such an access fund, you can invest with as little as $15,000. For further details, please navigate to the deal page on Republic Real Estate. For full disclosure, I have no referral relationship with Republic, but I do own shares in the company.


republic real estate hyatt
Capitalize on the flow of money and visitors to our nation’s capital with a debt deal offering an 8.6% cash on cash return with a 3-year term. More info.


Home Again


My family and I have returned from a whirlwind of a trip taking our travel trailer through Michigan, Ohio, Kentucky, Tennessee, and into North Carolina.

We found out about halfway through the two-week trip that our school district would be offering standardized testing, and that the final possible testing date was tomorrow, November 9th.

While we would have loved to extend our trip and made it further south and/or east, it’s been quite some time since our kids’ knowledge base has been assessed, and we’re eager to know if our efforts on the homeschooling and worldschooling fronts have been effective.

It was a great trip, if not a bit short, and we were able to see a few friends and family. For the most part, I was impressed with the pandemic mitigation efforts we saw the few times we were around more than a few other people, particularly at the national parks we visited and a few breweries in Asheville.

I realize that any sort of travel is unnecessary and possibly irresponsible, depending on how or why it’s done. For us, this trip was a weak consolation prize at a time when we were supposed to be on a cruise ship with stops in Hawaii and Guam on the way to Asian ports. On a scale of pandemic-propogation, with 0 being never leaving the house and 10 being at a mostly maskless rally with tens of thousands, I’d rate our trip a 2 or a 3. When most of your adventures are outdoors and far from other people, it feels like a reasonable thing to be doing.


A generous welcome bonus of 60,000 points & Peloton membership credits onthe Chase Sapphire Preferred & premium card perks with the Chase Sapphire Reserve!

Chase Sapphire Preferred

60,000 Points good for $750 in travel or more with a $4,000 spend in 3 months
PoF Summary

The Chase Sapphire Preferred is an excellent first (or only) rewards card. $50 annual hotel credit for bookings via the Chase UR tavel portal & 5x points for all travel via the portal. 3x points on dining, 2x on other travel. Flexible rewards good for cash, travel, or transfer to travel partners, great travel protection & new Peloton, Lyft & DoorDash perks! $95 Annual Fee

Chase Sapphire Reserve

60,000 Points with a $4,000 spend in 3 months
PoF Summary

The Chase Sapphire Reserve offers great travel perks including Priority Pass lounge access, a credit for Global Entry or TSA Pre✓ and a $300 annual travel credit. When using Chase Ultimate Rewards travel portal, get 10x points on hotels and car rental & 5x points on flights. 3x points on other travel & dining. Elevated Peloton, Lyft and DoorDash benefits. $550 Annual Fee


Have an outstanding week!

-Physician on FIRE


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