1371. Lessons from a FIRE Veteran on Building Wealth

As someone relatively new to the FIRE (Financial Independence, Retire Early) movement, I've been soaking up all the advice I can get from those further along on the journey. One person's perspective that has really resonated with me is that of the "Mr. Money Mustache" blogger. In one of his posts, he laid out his … Continue reading 1371. Lessons from a FIRE Veteran on Building Wealth

1237. Financial Planning for Inheritance: Invest, Pay Back, and Enjoy

I received an inheritance before, and I found this philosophy on financial planning for an inheritance - but first, Take as long as you need to grief and heal from your loss - let the money sit in a high yield savings account. Money isn't going to solve anything, and it can set you up … Continue reading 1237. Financial Planning for Inheritance: Invest, Pay Back, and Enjoy

860. Some golden rules for investing

Stay disciplined in asset allocation (growth and security) as this is the most important factor in investment returns. Decide the right mix of stocks, bonds, and alternatives based on your goals, *evaluate asset allocation, adjust, & rebalance each year.  Never underestimate the power of disciplined saving and compound interest Cash is king but cash is … Continue reading 860. Some golden rules for investing