The Sunday Best (6/16/2019)

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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

 

Beer and FI. Two of my favorite things collide in one very fun What’s Up Next podcast featuring 5 people I’ve actually had a beer with and one that I haven’t. Yet.

 

There does seem to be a connection between craft beer and many of us in the FI community. What about those of us in the healthcare community? Radiologist Dr. Cory Michael writes on KevinMD: Bringing hospitality back to the hospital: lessons from a bartender.

 

Whatever you do, don’t drink and drive! I’d hate to see anything happen to that Porsche. The Man Overseas, who retired early several years ago, reminisces in Driving a Porsche in Your Thirties.

 

Don’t drink and calculate Rent Vs. Imputed Rent! It’s a complicated enough topic without the libations, but Jeremy of Go Curry Cracker breaks down buying versus renting if he were to one day settle down in one place.

 

Passive Income MD answers a different real estate question. Are Real Estate Investments Resistant to Inflation?

 

PIMD is an expert on real estate. Big ERN is an expert on the stock market. From Early Retirement Now, My Thoughts on Small-Cap and Value Stocks.

 

Is the right asset allocation the most important thing in investing? Not according to The Physician Philosopher. This is The Most Important Thing About Investing.

 

If we play our cards right and invest well, we’ll have money left over when we buy the proverbial farm. The Darwinian Doctor contemplates what the future might hold for his heirs. Inheritance and Intergenerational Wealth Transfer.

 

Forty years old with a family of six, the blogger behind Live Your Wage has a big announcement. We’re Officially FI/RE’d (and a couple years earlier than anticipated). Can you early retire early? Or is it retire early early?

 

Anita Dhake from Power of Thrift, a lawyer who retired very early, has a different sort of announcement. Did I Tell You About My New Job?

 

The Leisure Freak hasn’t shied away from work after leaving his 9 to 5, but he has some serious criteria. My Bill Murray Approach To Working In Retirement.

 

Earn quick & easy 1099 income with Incrowd's microsurveys for healthcare professionals. 

 

It’s incredibly quick and easy to price out term life insurance online. I compared two of the most popular options. Online Term Life Insurance Quotes: PolicyGenius Versus Term4Sale.

 

It’s been a couple of years since I wrote about the impact of specialty choice in medicine. Shirag Shemmassian shared five of his top tips the other day in How to Choose a Medical Specialty.

 

Another How-to post appeared here in a Saturday Selection from The Physician Philosopher. Six and a Half Ways to Bridge the Early Retirement Gap to Age 59 and a Half.

 

Happy Father’s Day!

 

To all the fathers out there, particularly my own father (and my kids’ father), I want to recognize you and thank for all you have done and continue to do!

I’m lucky enough to be enjoying more of a Father’s Month, spending most of it hanging out with my wife and two boys all day, every day.

We’re training the boys up for a 10k again this summer, and this will probably be the last year I’m pushing my older son to run faster and not vice versa. At our usual pace, he’ll talk the whole time; I’m not sure when he’s actually breathing, but I can only speak in short sentences. No run on sentences while running for this guy!

However you choose to spend the day, I hope it’s a great one. If you’re working and not able to be with family, thank you for your sacrifice. I’ve made that sacrifice at least a few times myself since becoming a father over a decade ago.

 

 

Up to 7.5% Back on Gasoline & Netflix Next Quarter

 

If you use the Chase Freedom card, you’ll be happy to see that gas stations are on the docket for a 5% discount in the third quarter (July through September) just as they were in the first quarter of 2019.

They have also added streaming services, including Netflix, Sling, Hulu, and Spotify to the list for the quarter.

 

 

I use the Chase Freedom card and with the back and forth between Minnesota and Michigan as I wrap up my job and move our belongings over, I plan to rack up some serious Chase Ultimate Rewards points.

The Freedom card gives you 5 points per dollar spent in the categories of the quarter, but they’re worth more when paired with a Chase Sapphire card.

Pair them with a Chase Sapphire Preferred card, and each point is worth 6.25 cents with spent on travel via the Chase Portal.

Pair them with a Chase Sapphire Reserve card, and each point is worth 7.5 cents when spent on travel via the Chase Portal.

The combination makes for a great one-two punch to get far more than a measly 1% back on certain purchases. If there are other categories you routinely spend a lot in, there may be other cards that make more sense for you, as highlighted in my recent post, Rewards Made Easy: The Best Cash Back Credit Cards.

More info on the three Chase cards highlighted today below. If you do obtain a card via the links on this site, you’ll be supporting our charitable mission. I expect to have some exciting news on that front later this summer.

 

Chase Sapphire Preferred60,000 points

 

  • 60,000 points after spending $4,000 in 3 months
  • $95 annual fee
  • 2x points on travel & dining
  • 25% more value when booking travel with Chase portal
  • Many point transfer partners

No foreign transaction fees

 

Learn More about the
Chase Sapphire Preferred.

 


Chase Sapphire Reserve50,000 points

Chase Sapphire Reserve

  • 50,000 points after spending $4,000 in 3 months
  • $450 Annual fee partially offset by $300 travel credit each year
  • Up to $100 credit for Global Entry or TSA Pre✓
  • 3x points on travel & dining
  • 50% more value when booking travel with Chase portal
  • Many point transfer partners
  • Free Priority Pass Select = Airport Lounges worldwide = free food and drink at hundreds of airports

 

Learn More about the
Chase Sapphire Reserve.

 

Chase Freedom: $150

  • $150 after spending $500 in 3 months
  • No annual fee
  • 5% back in rotating categories that change every 3 months
  • 1% back on all other purchases

Learn More about the 
Chase Freedom Card

 

 

 

Have an outstanding week!

-Physician on FIRE

Physician on FIRE has partnered with CardRatings for our coverage of credit card products. Physician on FIRE and CardRatings may receive a commission from card issuers.

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