Retirement used to mean reaching a certain age and slowing down, but retiring early is within reach of us all. The key is knowing what you want. If achieving financial independence (early) is something that excites you, you'll have to do certain things to get there. That usually comes down to saving and investing. save … Continue reading 1373. Retirement Is Not an Age
Tag: investing
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
1187. Income, Savings, Investments, Simple Living
Building wealth is a four step equation: working income, savings, investments, and simple living. Working income This is how we become financially free. It all starts with our working income. The more we earn the more we can save and invest to get to our passive income and real estate goals. (Be careful of lifestyle … Continue reading 1187. Income, Savings, Investments, Simple Living
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
