Here's Journal Club 10-21-22! 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!
- Isn’t it just easier to follow in someone’s footsteps, especially when trying to side-step potential pitfalls? Well, I think it’s a good idea to learn from those who’ve already done it, and the Physician on FIRE shares similar views. On that note, the author offers a valuable resource for doctors in the article – 9 Financial Mistakes Physicians Make & How to Avoid Them.
- By now, you’re probably aware of this and following this simple rule of thumb that your savings rate determines when you’ll achieve your financial independence. This is true because the more you save, the faster it is to reach your financial goals. But how do you calculate your rate of savings? The author of Choose FI does a deep dive and shares beneficial tools in the article – How To Calculate Your Savings Rate… And Why It’s Important.
- A looming recession can put a serious damper on our real estate investing plans more than anything else. So, how does this market recession impact our investments? Should we continue investing regardless of the economic cycle we’re in? The author of REI Nation answers these questions and more in the article – 5 Things to Know About the Modern Real Estate Recession.
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,
Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.