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
Instead of asking how to pay for college or how much to save for your children’s higher education, maybe you should ask whether or not you should pay anything at all. No, this has nothing to do with any political proposals. From His and Her FI, I went to college for free at 15. Your kids can too. [if they’ve got the brains, that is]
We’re doing our best to give our kids a thorough education as we show them the world. My lovely wife returns with her second guest post to answer a question we’re commonly asked. Worldschooling: How Our Children are Educated as We Travel.
We’re also giving our kids a financial education, something some people don’t receive until a few decades later. Educator FI shares their story at Camp FIRE Finance. Clueless at 40 to Financially Independent by 50.
Black Tee Money had this FI thing figured out well before 40. How’s the FIREd life going thus far? Our First Year On FIRE – Budget and Net Worth Results After The First Year of Early Retirement.
Dr. Cory S. Fawcett of Financial Success MD has been making smart financial decisions for decades. In his mid-fifties, he made the decision to leave surgery and the O.R. in his motorhome’s rearview mirror. Does he miss wielding the scalpel? Three Years Retired from Surgery and All’s Well with my FIRE Life.
I’m not too concerned about my early retirement backfiring. Should we be concerned about the not-so-early retirees as they start drawing down their portfolios en masse? Ben Carlson injects A Wealth of Common Sense into the conversation. Will Retiring Baby Boomers Crash the Stock Market?
Speaking of stock markets crashing, Japan’s 225 Nikkei index now sits at 40% below its 1989 peak. That’s over 30 years with a negative return. What went wrong and could it happen to U.S. investors? John Lim gives us a Crash Course at the Humble Dollar.
Want to supplement your retirement income? Become an Airbnb host and you could see some nice cash flow. I was surprised at how little capital it took to get this side gig going. How to Generate Over $5,000 Per Month With One Airbnb Property.
If you’d like to invest in real estate in a more passive manner, you may be interested in crowdfunded opportunities, syndicated deals, or real estate funds. Passive Income MD shares 3 Important Things to Know About a Sponsor Before Investing.
Some things are best kept difficult. Like letting others take your money, for example. The FI Physician outlines Asset Protection for Physicians Through the Life Stages. Be sure to cover your assets!
Seven Days to the Barcelona Half Marathon
Are you as tired of hearing about this as I’m tired of training for it?
I knew it!
Actually, it’s been great and it feels odd to go more than a day or two without running. Or at least I think it would, but I wouldn’t know. I’ve been at this three or four times a week since late last year.
I am taking this week off, though. I’ve had some nagging and increasing medial right knee pain. It goes away after I’ve run a couple of miles, but it’s with me most of the non-running days, especially the day after.
I’ve also got some new left foot pain, which my truly brilliant wife hypothesized is likely due to some compensation I’ve made to accommodate the pain on the right.
Anyway, I plan on doing plenty of walking as we continue to explore beautiful Barcelona, but I plan on no actual running until the actual event one week from today.
I actually had a good week on the pavement, despite a little bit of pain here and there. The 5k, in particular, made me happy. I was a younger, even skinnier man the only time I’ve run faster than that.
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