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.
For more great articles, take a peek at The Sunday Best Archives. Now let’s get to the best… The Sunday Best!
He bought $3 Million in real estate and saw his net worth increase by $900,000. Where does that put The Darwinian Doctor now? The Darwinian Doctor’s Net Worth and Asset Allocation | Early 2022.
The duo behind Nomad Numbers have been roaming the world for years, but they stayed put in Taiwan to ride out the pandemic. What do their expenses look like? Eat Sleep Breathe FI asks them in How Much Does It Cost to Live the FIRE Life (as a Nomadic Couple)?
They live primarily in Airbnbs, as I have done for a total of about 7 months in the last 7 years. After dozens of stays, I’ve got some snarky feedback. My Top 5 Airbnb Pet Peeves & How to be a Good Host.
Do you think of financial independence and financial freedom differently? Lindsey Smith from Marriage Kids and Money does. Financial Freedom vs. Financial Independence: What’s the Difference?
- I think they’re different, too, but my definitions differed from hers: Financial Independence versus Financial Freedom
Our next interviewee has achieved both, but she keeps bumping back her retirement date with new goals. She tells her story in FIRE Crossroads 021: 60 Years of Expenses Saved at Age 46.
Jim from Route to Retire FIREd several years ago, and frugality was a big part of his success. Now, he struggles to break the habit, even when pinching pennies can do more harm than good. He reminds us to Stop Counting Pennies and Focus on the Dollars.
Inflation means you spend more when you spend, but you also make more when you’re on the receiving end. Passive Income MD explains how to take advantage. 3 Ways Real Estate Investors Can Benefit From Inflation.
Have you vacationed somewhere and wondered what it would take to be the one collecting rent instead of paying it? Carpe Diem lists Five Things to Consider When Purchasing a Short Term Rental (AirBNB/VRBO).
My friend Dr. Mitra Sadhu from Physician Finance Basics built a house that is anything but basic! How a Boglehead Builds A Doctor House Part 1.
A Diversified Private Real Estate Fund With an Approachable Minimum Investment
Diversify across a variety of both stable multifamily properties and commercial properties (office, industrial, and hotel) with substantial upside potential as they recover from the disruption created by the pandemic. Accredited investors can join the Cadre Direct Access Fund with as little as $25,000.
Click here to learn more about the fund’s strategy, market selection, fees, and more and to register for upcoming webinars on 2/24 and 3/3. If you have any questions, please feel free to reach out to your designated Cadre Investor Relations Representative or [email protected].
Snap Back to Reality
Ope, there goes gravity. Ope, there goes… our family, packing for another adventure.
But first, about 10 days of relative normality. I returned home from WCICON22 about 10 minutes before the Super Bowl kickoff. It was a great game, and being home watching with just my kids, I actually got to see the whole game, all the commercials, and the fun, nostalgic halftime show.
I also won $100 after putting in $50 (so, a $50 profit) to buy 5 squares on a scoreboard for a local fundraiser that paid out half its collections.
Twice this week, I took my boys skiing, our first downhill adventures in almost a year. Our ski legs came back to us quickly, and we got to explore Nub’s Nob, a northern Michigan hill that we hadn’t been to before.
View this post on Instagram
Skiing can be really expensive, but it can also be quite affordable when you have the flexibility to take advantage of mid-week specials.
For example, at Otsego Resort, an Olympic training ground, we got 5 hours of skiing in on Thursday afternoon/ evening. Lift tickets were $10, rental packages were $10, a large pepperoni pizza was $10, and craft drafts were $3. Bargains all around!
As I unpacked for one trip, I packed for two more. We’re heading to Florida mid-week for a month-long trip that will take us to Orlando, Homosassa Springs, Ponte Vedra Beach for the now-free DLP Prosperity Meeting, and we’ll spend a week in Colombia, as well.
If you happen to be in Orlando next weekend, I’ll be attending a lunch and learn on Saturday, 2/26 with a couple of the bloggers featured above! Reach out to Dr. Sadhu for further details.
Registration for the FREE Leverage & Growth Summit is Open!
Between ski trips, I squeezed in a great chat with Peter Kim, who is hosting what I believe is the 3rd edition of the Leverage & Growth Summit.
Once again, registration is free, and you’ll be able to take in the 30-some talks within a couple days of their release at no charge. You’ll have the option to purchase lifetime access if interested.
This is an outstanding opportunity to learn more about non-clinical opportunities for physicians from a few dozen doctors who have leveraged their knowledge and expertise to do something a little out of the ordinary.
Grab your no-cost, no-obligation registration here. The talks will start rolling out to you on Wednesday, March 9th.
A Recommended Financial Advisor
RFK Capital Management specializes in one-time, project-based financial planning for DIY investors.
We believe most investors can manage their own investment portfolios using index funds if they receive good advice and follow that advice. Our main service offering is our Financial Review service. We also offer a comprehensive service that combines personalized financial planning with DIY investing support. We call it the DIY Investing Service.
DIY Investing Service: One time fee of $2,500
Financial Review: One time fee of $975
Introductory Call: 15 to 20 minutes, free
9035 South 1300 East Suite 250-G
Sandy, Utah, 84094
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
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 air travel. 3x points on other travel & dining. Elevated Peloton, Lyft and DoorDash benefits. $550 Annual Fee
Have an outstanding week!
-Physician on FIRE