The Sunday Best (4/29/2018)

The Sunday Best
The Sunday Best is a collection of articles I’ve curated for your reading pleasure.

Expect most of the writing to be from recent weeks and consistent with the themes presented on this website: investing & taxes, financial independence, early retirement, and physician issues.

 

Presenting, this week’s Sunday Best:

 

A couple of my physician author friends had great weeks. Rogue Dad MD had this tweet about his son’s tooth fairy experiment go viral with hundreds of thousands of likes and retweets. Vagabond MD wrote a common sense post for the Rogue One on academic medicine versus private practice. My Ivory Tower — I Loved You But Had to Stay Away.

 

I love reading about FIRE in the mainstream media despite the hate it tends to generate. Steve from Think Save Retire lends his writing skills in exchange for money with Marketwatch (wait… he’s not retired!!! 😉 ) to pen Why Some People Hate Early Retirees — and Why They’re Wrong.

 

I take great solace in the fact that I was essentially financially independent when I discovered the concept. It could have been a long slog if I had known about it ten years earlier. From CampFIRE Finance and Mrs. Smelling Freedom, Is the Road to FIRE a Prison Sentence?

 

Tanja (rhymes with ganja, I think 😉 ) & Mark of Our Next Life weren’t so fortunate. They had FIRE on the mind for a number of years, and they’ve got great advice for those who are currently struggling. Getting Through the Middle Saving Years Slog.

 

One way to escape that prison sooner is to cut your expenses. Ten Factorial Rocks compares his U.S. budget to his current budget while working in India. Honey, I Shrunk the Budget.

 

Can you shrink your budget by spending less on health care? The White Coat Investor thinks you can. How to Save on Health Care Costs.

 


You can shrink your budget with lots of nearly-free travel using travel rewards miles and points. This post from the wanderlust couple behind Waffles on Wednesday has nothing to do with that but does have a lot of great travel tips. Wandering with the WoWs: Our Favorite Travel Hacks.

 

The Physician Philosopher has answered the call to come clean in two parts. His humble beginnings, the advantages he’s had, an invention, and plans to be FI by 45.

 

Who wants to be a millionaire? ESI Money has five more interviews with real, live millionaires for you to peruse:

 

Millionaire #47 (a.k.a. Doc G of DiverseFI), who is about my age and worth about twice as much as me, shared his tips in The Quickest Path to Wealth.

 

Greetings from Roatán, Honduras

 

I’m writing this in advance, so if I’m not actually on the island, something went very, very wrong.

But let’s assume the last few days went according to plan. Hello from Roatán!

We signed up for a one-week medical mission on the mainland, but I figured if we were coming all this way, we’d best take advantage of where we are in the world and do a little exploring first.

Looking at where we could fly from Tegucigalpa, many flights were surprisingly expensive, and a lot of them required a layover. With an overnight layover in Miami on the way down, we really weren’t interested in another connection. For a little over $100 per person each way, we were able to fly directly to Roatán, and we’ve heard good reports from family and friends, so that’s where we’re calling home for the next six days.

 

update: we made it!

 

We also considered Antigua in Guatemala, Granada in Nicaragua, Costa Rica, or Panama City. Perhaps we’ll get to most or all of these places eventually. Given the recent turmoil in Nicaragua, I don’t regret the choice we made.

If you don’t hear from me as much as usual, it’s either due to a lack of good wi-fi or an abundance of beach and sunshine.

For those of you who have been to Roatán, particularly with kids, care to share any tips? We’re staying in West End. Cheers!

 


Track your investments for free with Personal Capital. That's how I track the PoF portfolio.  

 

Have a marvelous week!

-Physician on FIRE

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13 comments

  • West bay had some places which charge as beach clubs. But some places like banana Rama you can use the beach lounge chairs if you spend at least ten dollars on food. Look up when cruises are hitting the island and be out when they are not in port. Have fun.

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  • Thanks for the shout out, POF!

    Enjoy the island and the people. Much respect for being willing to lend your skills and services to help others! Let us know at some point that you got there safely and what you’re doing! Would love to hear about it.

    TPP

  • Thanks for sharing my blog! Been to Antigua, Guatemala but never Honduras. Hope you are enjoying yourselves and bringing medicine to the people!

  • Catherine T

    Great snokeling there… the reef hasn’t been damaged like Cosumel’s with people standing on it 😖. Enjoy, we really liked Roatan, but only had like 8 hrs off the boat to spend there. Would love to go back for a week!

  • Mr MSW

    Been to Roatan on a cruise awhile back with the kids. They really enjoyed Gumbalimba (so?) Park, especially the animals (monkeys, parrots, etc). They also have a decent beach and a clean pool. Have fun!

  • I’ve heard good things about Roatan. Have fun! You’ll have to share some pics 🙂

  • Wow! My first trip overseas was a medical mission trip to Honduras, to a little town outside La Ceiba called Limon. It was memorable, to say the least. Hope you have a great trip. If you get a chance to try iguana, do it! Tastes like beef. 🙂

  • HarjotSingh

    Looking forward to pictures and stories from this trip! Best,

  • Great collection this week. I’ve never been to Honduras but I have been to Costa Rica and highly recommend it. Have a great time!

  • There’s nothing better than waking up on Sunday to find out that my post was mentioned in The Sunday Best. Thanks for making my day!

    Didn’t get to go to Roatan when I was there in March, but I’ve heard amazing things about it. Make sure to try pollo con tajadas and baliadas at some point. I also did a taste test of the local beers and the winner was SalvaVida. It doesn’t compare to the amazing craft beers that we have in the states, but after a long, hot day it was a life saver (hehe!). Can’t wait to hear how your medical mission goes. Have fun!

  • Vagabond MD

    Thank you for the mention. My only Central America experience was in Costa Rica last spring, and I loved it. Have a great trip!

  • Bill Y

    Check out the Crab at Gio’s!

  • Thanks for sharing the link to my post, Dr. POF. Yes, it’s possible to shrink the budget while living a good life but it involves compromises of different kind. Living abroad isn’t for everyone but when it works, your FIRE persona will thank you for it!

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