Sunday AAR (06MAY2018)

by | 06May2018 | Sunday AAR | 0 comments

After Action ReviewThe Sunday After Action Review is a collection of the best articles that we’ve read this week.

Know of a good article or blog that we should read? Please let us know in the comments.

 

 

  • Bookshelf – We updated the Military Millions bookshelf this week. The first four books are newly added. I’m working my way through Stocks for the Long Run. It is 400+ pages that pretty much breaks down any objection possible to owning stocks. It is masterfully researched and at times excruciatingly detailed. Highly recommended for readers looking for a challenge. If that’s not you here’s a tip: buy low-fee index funds and/or the C fund and hold them for a long time. You’ll be rich(er).
  • How about Later? – This one is from Jonathan Clements (Humble Dollar). Of course, by later he means go crazy later – after saving now. Any chance we can teach all the junior enlisted folks about this? They can become millionaires by age 38.
  • The Best Personal Finance, Money, and Investing Podcasts of 2018 – There are some good ones here. I really enjoy listening to Dave Ramsey. I’m not struggling with debt (if you are you should definitely listen), but his show is just smooth, easy to listen to, and makes a lot of sense.
  • How to Save on Health Care Costs – Getting out before retirement or know someone not covered by TRICARE? This is an excellent article by The White Coat Investor that lays out what an individual can do to lower the cost of healthcare. I loved this one: “Thanks to the remarkable ability of our bodies to heal themselves, you will often find that delayed medical care won’t need to be done at all.” I wrecked my bicycle and the next thing I knew it was six hours later and I was in the hospital. No real treatment except an Advil and being woken up every two hours to confirm I was still alive. Insurance paid $11,000 for the night in the hospital. I would have been better off in my bed at home. At least I could have slept. My wife disagrees.
  • Money Lessons from the Amazing Dr. Shaq – I saw this article and passed it by without reading. Then Still-In pointed out that this is about THAT Shaq. The Dr. threw me off. It seems the big man earned a doctorate in education way back in 2012. Missed that one. Since retiring from basketball Shaq has been busy not only educating himself but also transforming from a high-income athlete into a wealthy entrepreneur.

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