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
Data. Optimism. A hazy northeast style triple IPA. 🎶🎵 These are a few of my favorite things, and Big ERN of Early Retirement Now delivers big time on the first two, while the local Austin Brothers Beer Company did a fine job with their recent Big Murk release. COVID-19: Some Empirical Observations and Reasons for Optimism.
I think we’ve all gained some new insights when it comes to money during this pandemic. The Average Doctor shares a great number of them in this two-part series.
One thing I’ve realized is that retiring early had my family and me ready for this lockdown lifestyle from both a financial and day-to-day perspective. How Early Retirement Prepared Us for the Pandemic.
The Drs. Albright have been dealt a tough blow as they launched their own businessoffering elective medical services within the last year. They spell out the top 5 COVID-19 Takeaways From a New Medical Practice with The White Coat Investor.
Hundreds of companies are offering gratitude to those of you caring for patients in this challenging time. The Average Socialite has kept this extensive and well-organized list updated regularly. Perks and Freebies for COVID-19 Healthcare Workers.
The government is handing out freebies for those who know how to tax loss harvest, and they’ve been doing so for years. I’ve updated and republished my Tax Loss Harvesting with Vanguard: A Step by Step Guide.
The government is handing a whole new slew of freebies to support the economy during this crisis. Retire Before Dad asks a pertinent question after the CARES Act. What if the Economic Stimulus Doesn’t Work?
And the debt! Is our government no better than Mike Tyson or MC Hammer when it comes to fiscal responsibility? A couple of my favorite writers address this conundrum.
- Ben Carlson at A Wealth of Common Sense: Do We Need to Worry About Government Debt?
- Morgan Housel of Collaborative Fund: Who Pays for This?
How important is the right asset allocation to your investing success? As long as you stick with it, not as much as you’d think. Mindfully Investing looks at historical returns of a variety of portfolios. The End of Your Investing Worries.
You’ll have fewer worries if you reach a state of virtual retirement. Leif from Five Year Fire Escape explains exactly what that means and how you can achieve it. Aggressive Hours Reduction: Why Every Physician (and human, really) Should Chase ‘Virtual Retirement’
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One of the keys to financial freedom is living well within your means. The Educator FI couple was doing a very crappy job of it, but they turned things right around. We Lost to Lifestyle Inflation. Here’s How We Fought Back.
Financial independence is one of the nicest things a person can have, and it can really come in handy when life isn’t going so well. The Physician Philosopher describes how Financial Independence is the Escape Hatch.
Many millionaires have located their figurative escape hatches. How did they find them? Another batch of millionaire interviews from ESI Money:
- Millionaire Interview #171
- Millionaire Interview #172
- Millionaire Interview #173
- Millionaire Interview #174
- Millionaire Interview #175
$5,000 Goes to ___________
It’s been about five weeks since I promised to donate 100% of my online profits from April to COVID-19 relief. Part of that pledge included me granting $5,000 to a single charity chosen by a reader.
Would you like to be that reader?
I certainly hope so. It can be a local, national, or international charity. All that matters is that the money will benefit people impacted by the pandemic, and that the organization is a true 501(c)(3) charity (there are nearly 2 million in the U.S.) that can accept a $5,000 grant from our donor advised fund.
You can nominate your chosen charity by reading this post and leaving a comment naming the charity. The winner will be chosen next week and announced in the May 3rd Sunday Best. Last chance to make a nomination!
Did anyone else watch that animatronic version of Roger Goodell in a basement announcing draft picks all weekend? Wait… that was him?!? His performance reminded me of the robots in Disney’s Hall of Presidents. Except the animatronic presidents were more life-like.
Still, it was great fun to see highlight after highlight of hundreds of college football players who are about to be pros. Seeing the various home setups and cute kids of the coaches and general managers was also a joy. Someone was so impressed by Kliff Kingsbury’s pad, they made a Lego version of it.
I can’t help but wonder when I’ll be attending my next football game in person. It’s too soon to speculate, but I look forward to that day, whenever it comes.
Five players from my alma mater were drafted, marking the first time since 1969 that five Golden Gophers were drafted in the first 7 rounds. There have been other 5+ Gopher draft years in the meantime, but those were in the days of the 12-round draft. I was happy to see this year’s crop have their names called, and two of them will be joining Brady and Gronk in Tampa. Not a bad place to be.
On the homefront, I’ve been doing the 100 pushups, 100 situps routine while getting my Duolingo Spanish done every morning. I’ve started running again after battling some old-man injuries, and that seems to be going well. You can follow some of our family adventures and check out the regression of my hairline on Instagram.
Those two kids ran 3.5 miles with us yesterday. Then, in the evening, the younger one accused us of being the tooth fairy. Eventually, the whole truth came out about the tooth fairy, Easter Bunny, Santa, and the Elf on the Shelf.
We had a good run for well over eleven years with a couple of believers, but all good things must come to an end. Buddy the Elf will be making a surprise springtime appearance tomorrow morning so we can all reminisce together.
Wherever you are and whatever your life is looking like right now, I hope you’re faring well. Be safe!
Have an outstanding week!
-Physician on FIRE