Sunday AAR (08JUL2018)
The 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.
- 10 Reasons I Regret My Big Dumb House – This article actually made me feel good. I have the task of writing a post about my own big dumb house on my to-do list. sidehustlescrubs did it right – 5500 square feet and 3/4 of an acre. One thing that he doesn’t mention is transaction cost. A lot of the cost of buying and selling a home is based on its value. This can be particularly painful if you’re subject to moving (PCS) every few years.
- Storm Brewing In Crowdfunded Real Estate? – In the past, we’ve linked to a couple of articles about crowdfunded real estate in our AARs. The fact is that neither Still-In nor I have invested in it. This article explains some of the concerns. I personally have stayed away due to already having significant real estate investments as well as a reluctance to invest in things that I don’t fully understand.
- Tax and the 4% Rule – There have been a lot of great articles about the 4% rule lately. This one discusses the tax implications of where the money is saved.
- Guide to Taking Substantially Equal Periodic Payments (SEPP) From Your IRA Before Age 59 1/2 – This is one of a few ways of accessing tax-deferred savings prior to retirement age without paying a penalty. This is a useful technique for those retiring early.
- 7 Attributes Of High Net Worth Individuals – I recently reread The Millionaire Next Door (checked out free from my local library, but feel free to click on that affiliate link and throw some loot our way). It’s a wonderful book and the first one I recommend to anyone interested in becoming financially independent. This article summarizes the seven attributes that distinguish over accumulators of wealth from other folks.
- Sustaining Wealth is Harder Than Getting Rich – So said most of the athletes whose stories I’ve linked to here. Also see the Johnny Depp article that we linked to a couple of weeks ago.
- 10 *Downsides* to Early Retirement – This article is packed with good insight and links to other articles including a previous article on early retirement that went viral. Of course, none of the 10 are deal breakers. This is a good list of things to consider and plan for.
- Where you live has a bigger impact on happiness and health than you might imagine – Interesting thoughts on how where you live and just moving in general impacts your health.
- There are no shortcuts – Another great article from J.D. Roth. Start saving early and do it for the long haul. Compounding takes a long time to work but yields dramatic results.