Journal Club 07-08-22

Here's Journal Club 07-08-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

• Every individual pursuing financial independence typically needs a plan for their accumulation phase and, later, the withdrawal phase. And as they say, you can’t improve something you don’t measure; it’s important to periodically revisit your strategy once you transition from the saving to spending stage post-retirement. On that note, the Physician on FIRE offers some guidance in the article – Drawdown Strategy Revisited After 3 Years of Retirement. 

• At some point in your career, when you come across that one-time opportunity for which you feel incredibly fortunate and grateful, yet torn between choosing the present moment versus the next best thing for you, what drives you to go for that once-in-a-career opportunity? The Crispy Doc shares what motivates them in the article – Engagement, Energy, Flow: Why I Chose To Go From 6 Workdays A Month To 24.

• More often than not, you’ve probably heard this all-too-familiar financial advice to “max out your 401k account.” However, the Debt-Free Doctor wonders if that’s good advice and takes a closer look at the pros and cons of this retirement account in the article – Is a 401k Worth It Anymore?

• Are you looking for your next investment property but not liking what you see? Well, the author of R.E. Tipster shares a simple yet effective place for finding awesome real estate deals in the article –  How to Find Amazing Real Estate Deals on Craigslist. 

That's all for this week! I hope this week's journal club was helpful.

Read any interesting articles? We'd love it if you could please take a moment to share them in the comments below!

Thank you for reading and sharing,

Peter