The Sunday Best (7/22/2018)


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:

 

Whenever I’m on a podcast, I like to feature it here. This one doesn’t include me, but it does include the author of several guest posts on kids, mattress money, and music, and frequent and thoughtful commenter on the White Coat Investor forum, VagabondMD. An Interview with Vagabond MD – Podcast #62.

 

The radiologist above isn’t the only vagabond to guest post here. The Frugal Vagabond, creator of The Earth Awaits and the companion article, The Earth Awaits: Where in the World is Our Family Going to Go?, has taken his family overseas. Find out where in Our New Adventure Begins.

 

Spoiler alert! Dr. Mo of Urgent Care Career / Sustainable Medicine is living and occasionally working in the same foreign country. Living proof that an American physician can practice telemedicine from another continent: Doing Telemedicine While Traveling.

 

Michelle Schroeder-Gardner from Making Sense of Cents will be working over seas, as well. As in working directly over the sea, as they have ditched the RV and moved into a 42-foot catamaran. Welcome to Paradise — We’re Living on Sailboat.

 

The Luxe Strategist sounds like someone who might enjoy life on a luxury catamaran. She shares some tips for the younger generation to help them achieve their deluxe dreams with 13 solid lessons in Life and Money Advice I Wish I Knew When I Was 22.

 

Bob Lai of Tawcan would have reached millionaire status more easily and quickly if he had done things differently, too. Our FIRE Journey — What I’d Have Done Differently.

 

Who wants to be a millionaire? Who wants to lose 50 pounds? Felicity of Fetching Financial Freedom has done both in her quest to retire early (and healthy). 5 Ways Losing 50 Pounds and Saving $1M Was Exactly the Same.

 

ESI Money has learned a few things from a bunch of fellow millionaires, some of whom are retired, and some that are not. Here’s five more of them.

 

How do millionaires invest their money? The Financial Samurai has answers. How High Net Worth Individuals Invest: Their Asset Allocation Breakdown.

 

I’ll bet there aren’t too many high net worth individuals heavily invested in target date funds. From Bryce the Wanderer at Millennial Revolution, Why You Shouldn’t Buy Target Date Funds.

 

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Alexa, Give me a Thirty Second Money Tip

 

Did you pick up any of the heavily discounted Amazon Alexa devices on Prime Day last week? I did not, but I’ve already got a couple. Maybe we’ll pick up a video version when they get even cheaper, which I imagine they will by Black Friday or next year’s Prime Day in July.

If you do have such a device, you can easily add a 30 second money tip from Nick True to your flash briefing. Nick is the author behind Mapped Out Money and is an active member of the FinCon community.

All you need to do is enable the skill Thirty Second Money Tip with Nick True and you’ll get a quick daily tip when you say “Alexa, what’s my flash briefing?” or “Alexa, what’s in the news?” I’ve tried it, and it’s pretty cool.

If you like that, you might also want to add the Millionaire Money Minute with Scott Alan Turner, another FinCon veteran who shares his knowledge and experience in brief sound bytes.

 

The 9th Annual Plutus Awards

 

The Plutus Awards are like the Oscars or Emmys, but for bloggers and podcasters (and without the red carpet, money, and really famous people). I was lucky enough to attend last year’s version as a nominee for best FIRE blog, and I’d love to do the same again this year.

If you’d be so kind, the nomination form can be found here, and you do not have to fill it out in its entirety. I’d appreciate your nod in the FIRE category if you think I’m deserving.

 

 

I’ll also put in a good word for my WCI network partners The White Coat Investor (a nominee last year for Best Investing Blog (a fitting category, obviously) and Passive Income MD, whose blog could be considered in the Best Entrepreneurship / Side Hustle Blog or Best Real Estate Blog.

 

 

If you are looking for additional doctor blogs to consider, see WCI’s massive List of Physician Financial Blogs he recently published. Many other excellent blogs written by people from all walks of life can be found on my blogroll.

 

We’ll close out the weekend with a recommended insurance agent, another one of the good guys in the industry who focuses on term life and disability insurance and will not try to sell you garbage products you don’t need.

 

MD Financial Services

MD Financial Services Scott Nelson-Archer, and his team have 25+ years of experience helping thousands of physicians around the country protect their future with disability income insurance and low-cost life insurance. We offer “True Own Specialty” disability contracts that pay 100% when you are unable to perform the duties of your specialty.  Designing the right policy for each Individual Physician with a Fixed or Laddered Term Life strategy can help can protect your family the right way and save you thousands in premiums over the years. Our 25+ years of experience working with Physicians around the country cannot be matched!

 



 

Have a happy week!

-Physician on FIRE

16 thoughts on “The Sunday Best (7/22/2018)”

  1. Subscribe to get more great content like this, an awesome spreadsheet, and more!
  2. Great round up, PoF, and thanks for mentioning Bryce’s article!

    I always look forward to discovering new blogs (especially ones about vagabonding!), so thanks for continuing to share.

    Oh and I voted for you in the Plutus Awards for being an awesome blog and community builder! *fingers crossed that you win*

    Reply
  3. PoF! Thanks so much for sharing my Alexa tip. It’s been a ton of fun to put together and I’m ad to hear you’ve enjoyed it.

    Means a ton for you to share.

    Reply
  4. Aw, thanks for including us! Our little pre-FIRE experiment has been a great success for quality of life, and a major failure for writing actual blog posts about it! Now that we’re mostly over the initial impulse to gorge ourselves on jamon and cheap wine every day, maybe I’ll be a better blogger…

    Reply
  5. Thanks for the mention (thanks to hatton1, above, too). 🙂

    I am happy to nominate PoF, WCI, THP, DoF, and others for their respective PLOTUS categories. Good luck everyone!

    Reply
  6. Thanks for rounding up and curating this list of great articles. I’ve never heard of The Earth Awaits and The Frugal Vagabond. A lot of cool and interesting stuff there!

    And I’m seeing a pattern here… Both The Frugal Vagabond and Dr. Mo got their non-lucrative Spanish residence visas and moved to southern Spain. The Frugal Vagabond moved to Granada while Dr. Mo moved to Seville. Is this a hint? I’m taking a wild guess that you entertained the thought of attaining a non-lucrative Spanish residence visa too. Is PoF thinking about moving to Andalucia in southern Spain too??? 🙂

    Reply
    • If the pattern holds, PoF is moving to Cordoba, no?

      I would love, love, LOVE to move to Andalucia. Maybe we could start a conclave of US MDs there.

      Reply
      • In fairness, you can’t go wrong much of anywhere in Andalucia! Plus, it’s a great, inexpensive jumping-off point to explore the rest of the continent! RyanAir and Easyjet fly basically everywhere from here, and we have mostly been limited in our explorations by how long we want to leave the dogs with a sitter! We’re probably extending for at least another year, and have started booking adventures further afield for 2019…

        Reply
        • You’re right. I enjoyed all of the major cities in Andalusia. I was was there long enough to visit more. Like Roda. Accessibility to other parts of the European continent is crucial too; perfect for exploring more adventures!

      • Yo también! I would love to move to Andalucia. It’s so beautiful and I love the vibe. My wife and I visited in October last year for our babymoon/ anniversary. We were only there for two weeks. One of these days I want to go back and slow travel there then eventually move there to join you ex-pat US MD community there!

        And you’re right, Cordoba does make sense. I can imagine PoF sipping on a craft cerveza near the Mezquita. What a life that would be!

        Reply
  7. I agree with sentiment that the podcast with Vagabond MD was very insightful.

    I actually had already nominated you for the FIRE category and white coat on that Plutus form earlier. You both are deserving of wins.

    Reply
  8. Good stuff. I will check out some of those I missed. This has become a part of my Sunday routine. I don’t know how you consistently do this, but I’m glad you do. If there is no Sunday Best posted one Sunday I will file a missing person’s report on you.

    Reply
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  10. Great round up. Living on a catamaran must be crazy interesting for Michelle. I am 100% certain I could never convince my wife to do that.

    I also really enjoyed the podcast by Vagabond MD. He has a really good perspective on a lot of things. Listened to it the day it came out.

    P.s. you are a plutus award nominee before. I am sure you’ll get the nod again. Keep up the strong work!

    TPP

    Reply

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