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The Sunday Best (5/16/2021)

The_Sunday_Best_2021

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.

Related topics that have become recurrent themes include early retirement, selective frugality, tax issues, travel, physician issues, and of course, investing.

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_2021

 

Chris Mamula takes a deep dive into Modern Monetary Theory at Can I Retire Yet. What does it mean for his semi-retired state? Challenging My Retirement Assumptions.

 

The federal government can print money — and it’s been doing plenty of that lately — but it can’t create assets out of thin air. My Money Wizard explains Why Right Now is the Most Important Time in History to Buy Assets.

 

The increased money supply seems to be creating increased prices across a broad swath of goods. Should we be concerned about substantial inflation? The Pragmatic Capitalist is ready to have that conversation. Let’s Talk About Inflation.

 

A million-dollar salary may sound inflated, but it’s no bloated when earned over 4 or 10 years. We look at the taxes imposed when earning that sum over varying timeframes in Taxes on a Million Dollars of Earned Income.

 

Taxes can get complicated when you’re living overseas, but to live in the Netherlands for a while, the complexity is probably worth it. The FI Mechanic checks in from across the pond. First Month Living Abroad In Amsterdam – An April Recap.

 

The Cutting Through Chaos family has been away for much longer, leaving Zambia to spend a year or more on an extended siesta in Spain. They share their top tips for taking time off. How to Take a Sabbatical.

 

She may not be Swedish like me, but she’s borrowing one of their best traditions, and enacting it at an early age. Emily McDermott with No Side Bar explains Why I Did My Own Death Cleaning at 39.

 

J.D. Roth of Get Rich Slowly Fame has a plethora of wisdom to share from his 52 years here, the last 20 or so of which he’s spent writing and talking about money matters. My life philosophy: 52 lessons from 52 years.

 

At His and Her Money Guide, overshooting their FI target is a big part of their life philosophy. The Case for Having Too Much Money.

 

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Ben Carlson with A Wealth of Common Sense shares an opposing viewpoint, although there are some common threads. Life is Too Short to Save Everything.

 

Life is too short to make investing complicated. That’s the message from JL Collins as he joins Carl (a.k.a. Mr. 1500) and Doug on their new Mile High FI podcast. JL Collins and The Simple Path to Wealth.

 

Does your path to wealth involve real estate? Learn from the mistakes of others, says Passive Income MD. 5 Mistakes Real Estate Investor Newbies Make.

 

Young folks make all kinds of mistakes with money, but you can help steer them in the right direction, says Kalen Bruce of Freedom Sprout, guest posting at Fiology. 5 Money Lessons Young Adults Need to Know.

 

Leif from Five Year FIRE Escape also wants to help young people start their money journey off on the right foot. Raising Money-Savvy Teens: a Fast-Track Guide.

 

Learn how to better manage your student loan debt, and explore refinancing to a lower rate with cash back offers up to $1,000! Student Loan Resource Page

 

Out of Gas

 

I’m at a Shell station in the Carolinas at the moment. Fresh out of gas.

Normally, I’d give some detailed life updates, promote some stuff, and drag this Sunday Best out for a good long while. But not today.

I will say that our house is coming together nicely, albeit with a lot of work yet to be done. I replaced a sump pump on the house we’re selling yesterday, had friends over for dinner, enjoyed a few beers with them, and then put together this Sunday Best. I still need to get a Duolingo lesson in before I can call it a (Saturday) night, but I assure you, it will be done before you read this.

I will leave you with one beautiful moment from this past week.

 

covid_vaccine

 

 



 

Have an outstanding week!

-Physician on FIRE

 

Upcoming Webinars

Real Estate Investing for Physicians: Navigating Challenges and Opportunities in Today’s Market

Hosted by DLP Capital

Explore the demand for rental housing in today's unaffordable housing market and how DLP Capital navigates economic challenges. Join Jorge Sanchez, M.D., Nirav Shah, M.D., and Nick Stonestreet for insights on multifamily investments and DLP's approach to consistent returns.

When: September 6 | 2 pm EDT | 11 am PT

Register Now

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6 thoughts on “The Sunday Best (5/16/2021)”

  1. Why are we vaccinating the young. The least vunerable and least likely to transmit. The data just doesn’t support this.

    Reply
  2. Subscribe to get more great content like this, an awesome spreadsheet, and more!
  3. What a wonderful post. Thank you for sharing this kind of information. I am happy you found the blog helpful.

    Reply
  4. That’s really cool that you got to vaccinate your own son! I’m still waiting to get my second shot, which should happen later this week.

    Thanks as always for a great Sunday Best!

    Reply
  5. I would be terrified at administering vaccines because I wouldn’t know whether I’m poking too deeply or not. What an interesting experience of vaccinating your own child! That’s awesome.

    Reply
  6. PoF,

    Photo says it all. Took my daughter to my hospital (where my wife has been volunteering to vaccinate the community) and got her 1st dose on the first day we were eligible! Felt elated.

    Let’s hope they approve the next youngest bracket soon for both our #2 kids,

    CD

    Reply

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