The Sunday Best (6/2/2019)

 
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!

 

 

sunday best trophy

 

The Sunday Best

 

A couple of my female physician friends got together for a “Friends Talk Finance” chat on The Hippocratic Hustle. Listen to the good Doctors Reynolds and Koo in Bonnie Koo, MD announces WealthyMomMD

 

Our travels have definitely picked up since I started working less. Passive Income MD discusses some of the other benefits of slacking in The Pros and Cons of Going Part-Time as a Doctor.

 

Learn how to better manage your student loan debt, and explore refinancing to a lower rate with cash back offers!
Student Loan Resource Page
Some who FIRE, like Jim of Route to Retire, plan to relocate on a more permanent basis. Even if you don’t plan on doing so, you’ll pick up some solid tips from the tech-savvy ex-pat-to-be in Relocating to Panama – Awesome Apps We’re Using.

 

I’ve made a few money mistakes in my life, and I’m sure I’ll make some more. Nathan from Life Before Budget is far from perfect, too. 3 Huge Mistakes I Made With Money, complete with familiar names like Kiyosaki and Cramer.

 

Working with a financial advisor from the company either of these two whistleblowers have worked for would probably be a huge mistake. Guest posting on The White Coat Investor, Confessions of a “Financial Advisor.”

 

Those in debt are known to confess thoughts of self-harm at a higher rate. Travis Hornsby, the Student Loan Planner, explores the surprising reason why Borrowers With $80K-$150K of Student Debt Have Highest Suicidal Ideation.

 

“We probably spend way too much money on food carts and craft beer but it’s worth it.” This millennial (or xennial?) physician is speaking my language in her interview at XRAYVSN. The X-ray Beam: Millennial Doctor.

 

Consider this one a crowdfunding companion piece to yesterday’s post on the risk of real estate investing. From the Millionaire Doc, Investing at the Speed of Crowdfunding.

 

The Best Chapter began after the FIRE. What’s life like after retiring early?

 

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

 

Do you enjoy these weekend roundups I put together? If you’ve gotten this far, I’m assuming the answer is Yes. You should be sure to check out WCI Network partners’ The Physician Philosopher‘s Monthly Checkout and Passive Income MD’s Journal Club series.

 

The FI Physician took a look at both asset allocation and asset location, and determined the effects of a good versus poor setup of the latter. Asset Location and Making Your Money Last in Early Retirement.

 

Leave it to the Actuary on FIRE to pose what he probably considered a rhetorical question. At least he answered it using numbers. Are Actuaries the FIRE Superheroes?

 

In case you haven’t heard, real estate investing can be lucrative, but it’s not exactly easy money. Our Saturday Selection from Passive Income MD explores the 7 Risks of Real Estate Investing.

 

 

 

 

Have an outstanding week!

-Physician on FIRE

 

6 comments

  • BL Guinto

    Was just reading about the new delta offer. Looks like I’ll have to seriously consider it. Go business to help stay under 5/24. Thanks.

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  • Thanks Leif for sharing my interview of Millennial Doctor.

    She is definitely a shining voice of her generation and I have been an avid reader of her blog since the beginning (like yours). I’m afraid that even more recent posts published after this interview had occurred indicate that she is growing more and more dissatisified with medicine and I’m afraid the medical community is going to lose one of its great members soon.

    Gasem made an astute comment about the plight of medicine in that once evidence based medicine put its teeth into the system it initiated the downfall of the physician. Now, as he put it, we are little more than glorified assembly line workers and a small cog in an ever growing machine.

  • Awesome roundup, as usual. FYI: Duolingo is better on a laptop than a phone.

  • KR

    Mmm food carts and craft beer. After finding FI I switched my alcohol budget to $10. It worked for a month and then my wife and I decided we don’t need to hold back that far, we forgo drinking during the week but throw back a few on weekends. Now I try to get 2-3 packs of something special and new each month to try. We’ve also tried to learn how to make more cocktails and use all the alcohol we tend to accumulate during the year.

    I switched to bringing lunch to work now but during the summer, I’ve been letting myself get some food trucks a couple times a month. You gotta live a little, it’s a journey! Plus going from a 20% savings rate to 58% is worth celebrating a little! 🤩

  • Great roundup as always PoF! I always enjoy reading through many of the Sunday Best links.

    I need to pick up a new CC soon too — we used a bunch of our 2018 points for this month’s summer, so I need to get earning some new ones. Thanks for the tip on the gold business card! I’ll have to take a close look at that one.

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