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!
The Sunday Best
The couple behind Another Loonie visits Eat Sleep Breathe FI to talk about their spending budget. I’ve heard Vancouver can be crazy expensive. So, How Much Does it Cost to Live the FIRE Life Near Vancouver?
Dr. David Graham, the FI Physician, plans to join the FIREd as he plans his exit strategy as an infectious disease doctor for what will hopefully be a post-COVID time. How I Picked My Retirement Date.
This 30-something former CEO who finds himself Accidentally Retired shares how he managed to have a life while leading a successful startup. How to Build a $15M Company Working 40 Hours or Less as a CEO.
Some days I feel like a fraud. Yes, I retired from medicine, but consisently publishing 4 to 5 blog posts a week takes work! Hence, the “from medicine.” His and Her Money Guide addresses a fair question. Is the FIRE Movement Disingenuous?
Like we did, the FI Heroes also had a worldwide “victory tour” planned to kick off their retirement, but the world had other plans. What 2020 Taught Me About the FIRE Movement and Myself.
As someone who’s been on the sidelines for cryptocurrency’s rise, has never traded options or bought a meme stock, I take solace in the fact that There Are No Called Strikes in This Business. That Warren Buffett is one sharp guy!
- You’re Probably Getting Screwed By Edward Jones Fees
- A Closer Look At Those Rip-Off American Funds Load Fees
He learned from that mistake, and so did I. The IRA I started as a young man was with the E.D. Jones guy a few doors down from my Dad’s dental office. Yes, doctors do dumb things with money, as discussed on the Money Meets Medicine podcast. MMM 58: Stupid Mistakes Doctors Make.
Boise is #3. Phoenix comes in at #10. Indianapolis takes 17th place. Did your nearest metro area make the list? From Crowdstreet, The Best Places for Real Estate Investing in 2021. See all 20 with a free account.
You can invest in real estate in an IRA or 401(k), but should you? From Jonathan at Parent Portfolio, How to Invest in Real Estate With a Self-Directed IRA: Is It The Best Option?
Commercial Real Estate Investing with Crowdstreet
After months of learning and lurking on their informative website, I made my first commercial real estate investment with Crowdstreet in late 2019. I have followed that up with a second investment in a new project in 2021.
When I used to hear commercial real estate (CRE), I envisioned retail and office space, but those are just two subsets of the space, and they’re not the areas that I’ve invested in.
Commercial real estate also includes residential properties with more than four units and mixed-use buildings with a mix of apartments and office, retail, or restaurant space. CRE can also be self-storage complexes, hotels, or medical buildings.
CrowdStreet’s 2021 Investment Thesis breaks down what kinds of opportunities their Investment team sees for each property type. For instance, rents fell as much as 20% in downtown San Francisco while they grew over 4% in Phoenix in 2020 as people moved. Their team explains how population growth rate can impact rents and be used to evaluate how successful a project might be.
I’ve chosen to make my investments in residential projects in Texas (no state income tax!), chosen from among many opportunities in a variety of projects that have been offered to those registered on the Crowdstreet platform. Several cities in Texas made CrowdStreet’s top 20 list of the aforementioned best places to invest in 2021. If you create an account, you can get a copy of their full report and see their favorite cities nationwide as well as by property type.
To learn more about how Crowdstreet works and what current investment offerings are available for accredited investors, click here to get started with a free account.
The State of Curation
I started curating interesting and insightful articles on personal finance, investing, and FIRE topics nearly five years ago, and I’ve published a Sunday Best every weekend since then. I got the idea from two other bloggers who featured me in their roundup posts (those series no longer exist), and I realized that curation was a great way to educate my readers while paying it forward with other bloggers by sharing my audience with them.
Mine wasn’t the first personal finance site to do curation, and it’s clearly not the last. With the return of J. Money, formerly of the now-defunct Rockstar Finance curation site, now with Motley Fool’s All Star Money, now is a great time to take a look at the state of curation in this space.
Personal Finance Blogs
Run by blogging veterans J.D. Roth of Get Rich Slowly and Jim Wang of Wallet Hacks, Apex Money showcases personal content from a wide variety of sources, including blogs, newspapers, magazines, and Youtube. Like PFB, they share content Monday through Friday.
All Star Money
A new entry this week is All Star Money, a Motley Fool site, led by J. Money and his long-time collaborator Nate St. Pierre. My “No Called Strikes” post made the cut the first week the site officially went live, which was exciting to see!
It appears that they’ll be regularly featuring three articles Monday through Friday. As more posts are featured, they will be organized by topic.
Camp FIRE Finance
Started by Ty Roberts but later acquired, I no longer know who runs Camp FIRE FInance, and it’s not clear how often posts are featured. I can tell you that as I write this Saturday evening, there are two posts listed as “Today’s Featured Posts.”
Sovereign Quest is a site featuring personal finance stories from around the world with a focus on finance sites outside of North America. They’ve also got a creator directory. Americans and Canadians need not apply.
While not dedicated curation sites, these are recurring series published by personal finance bloggers.
- Passive Income MD’s Journal Club
- Tread Lightly Retire Early’s Women’s Personal Finance Wednesdays
- Your Money Geek’s Your Money Geekly Update
- The Big Picture’s sporadic 10 Reads
- Monevator’s Weekend Reading
- Banker on FIRE’s Greatest Hits
- XRAYVSN’s Grand Rounds
- Financial Success MD’s Fawcett’s Favorites
- Physician on FIRE’s The Sunday Best
Former curators that have shifted away from regular curation include Women Who Money and Collecting Wisdom. If you know of other sites doing curation, please let me know in the comments section below.
PoF Returns to SLC
March 4th marks the 4th anniversary of the formation of the WCI Network, a partnership that was forged in my first trip to Salt Lake City earlier that winter.
March 4th, 2021 happens to be the first day of this year’s virtual Physician Wellness & Financial Literacy Conference put on by the White Coat Investor team. I’ll be among a handful of presenters present in-person for the 3-day CME event.
With the conference being online, it’s not too late to register. In fact, since all live and recorded talks are available during and after the conference, you can register right up until next Saturday, March 6th. Registrants will have the opportunity to earn up to 17 Category 1 CME credits or Dental CE credits.
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 flights. 3x points on other travel & dining. Elevated Peloton, Lyft and DoorDash benefits. $550 Annual Fee
Have an outstanding week!
-Physician on FIRE