#financial independence retire early

[kc22invesmentsblog]

Unlock Financial Wisdom with "Rich Dad Poor Dad": A Life-Changing Read

Written by Delvin Hey there, fellow bookworms and aspiring wealth builders! Today, I want to share with you one of my all-time favorite books that had a profound impact on my financial mindset: “Rich Dad Poor Dad” by Robert Kiyosaki. This book holds a special place in my heart as it was not only one of the first books I ever read but also the catalyst that sparked my journey towards financial…

[maklodes]

Maybe you already know this, but it seems like the concept here is broadly known as Financial Independence Retire Early (FIRE). Your goals seem more modest than those of most FIRE people, who generally want to retire early with maybe slightly-thriftier-than-usual middle class living standard, rather than a truly minimal one, but looking into FIRE communities, reading FAQs, etc, might be helpful for getting estimates, if you haven't already done so.

How much do you think one would need in investments to live off passive income where one buys some thousand dollar plot of land in New Mexico and lives in a storage shed? Just enough for food and medicine right? There are cheap plots of land in walking distance of places you can buy food and medicine. I think about this pretty much every day. Ever since I started investing in an index fund around a year ago. Would the suck of not having electricity and plumbing (well presumably I would be able to charge up my phone and laptop on grocery runs) be more or less than the suck of having to work for a living? I have enough invested for my fifty dollar a month medicine, just not for food yet...

[nathan-challenges-life]

2023 Goal Progress - October

First goal update in a while. Lots of things happening in life right now so it’s challenging to juggle and improve on a lot of my goals at the moment. Still working towards them and they are going well. Only 2.5 months to the end of 2023 so will be doing what I can in the following months to improve. A few of them are a bit of our reach unfortunately, but happy with how they have been…

[jay-weller]

Tips To Help With Early Retirement

Tips To Help With Early Retirement - #jayweller #Bankruptcyassistance, #Bankruptcyattorneys, #BankruptcyLawyer, #Clearwater, #CreditCounseling, #FilingForBankruptcy, #Law, #WellerLegalGroup - https://www.jayweller.com/tips-to-help-with-early-retirement/

[luiscagreen]

The Way To Financial Freedom And Independence

[bitchesgetriches]

{ MASTERPOST } Everything You Need to Know about Retirement and How to Retire

How to start saving for retirement

Dafuq Is a Retirement Plan and Why Do You Need One?

Procrastinating on Opening a Retirement Account? Here’s 3 Ways That’ll Fuck You Over.

Season 4, Episode 5: “401(k)s Aren’t Offered in My Industry. How Do I Save for Retirement if My Employer Won’t Help?”

How To Save for Retirement When You Make Less Than $30,000 a Year

Workplace Benefits and Other Cool Side Effects of Employment 

Your School or Workplace Benefits Might Include Cool Free Stuff

Do NOT Make This Disastrous Beginner Mistake With Your Retirement Funds

The Financial Order of Operations: 10 Great Money Choices for Every Stage of Life

Advanced retirement moves

How to Painlessly Run the Gauntlet of a 401k Rollover

The Resignation Checklist: 25 Sneaky Ways To Bleed Your Employer Dry Before Quitting

Ask the Bitches: “Can I Quit With Unvested Funds? Or Am I Walking Away From Too Much Money?”

You Need to Talk to Your Parents About Their Retirement Plan

Season 4, Episode 8: “I’m Queer, and Want To Find an Affordable Place To Retire. How Do I Balance Safety With Cost of Living?” 

How Dafuq Do Couples Share Their Money? 

Ask the Bitches: “Do Women Need Different Financial Advice Than Men?”

From HYSAs to CDs, Here’s How to Level Up Your Financial Savings

Season 3, Episode 7: “I’m Finished With the Basic Shit. What Are the Advanced Financial Steps That Only Rich People Know?” 

Investing for the long term

When Money in the Bank Is a Bad Thing: Understanding Inflation and Depreciation

Investing Deathmatch: Investing in the Stock Market vs. Just… Not 

Investing Deathmatch: Traditional IRA vs. Roth IRA

Investing Deathmatch: Stocks vs. Bonds 

Wait… Did I Just Lose All My Money Investing in the Stock Market? 

Financial Independence, Retire Early (FIRE)

The FIRE Movement, Explained 

Your Girl Is Officially Retiring at 35 Years Old

The Real Story of How I Paid off My Mortgage Early in 4 Years 

My First 6 Months of Early Retirement Sucked Shit: What They Don’t Tell You about FIRE

Bitchtastic Book Review: Tanja Hester on Early Retirement, Privilege, and Her Book, Work Optional

Earning Her First $100K: An Interview with Tori Dunlap 

If you found this helpful, consider joining our Patreon.

[captainjonnitkessler]

Me when I am definitely not in a cult

[talabib]

Mastering the Art of Investing: Practical Strategies for Insightful Decision-Making

Key Point:

Making smart and insightful investment decisions is an attainable goal with the right strategies in place. By recognizing your limitations, managing emotions, seeking professional guidance, and aligning your investments with personal objectives, you can cultivate a robust and successful investment portfolio that stands the test of time.

Sound investment decisions are the bedrock of financial success. However, navigating the complex world of investing can be challenging, even for the most seasoned investors. This post explores practical strategies for making smart and insightful investment decisions, empowering you to grow your wealth with confidence and finesse.

Recognize the Limits of your Abilities

In both life and investing, it is crucial to acknowledge the boundaries of our expertise. Overestimating our abilities can lead to ill-advised decisions and, ultimately, financial losses. By cultivating humility and seeking external guidance when necessary, we can minimize risks and make more informed investment choices.

Manage Emotional Influence on Decision-Making

Emotions can significantly impact our ability to make rational decisions. To circumvent the sway of emotions, adopt a disciplined approach to investing, relying on data-driven analysis and long-term strategies rather than succumbing to impulsive reactions.

Leverage the Expertise of an Advisor

Engaging a professional financial advisor is a prudent investment decision. Their wealth of knowledge and experience can help you navigate market complexities and identify opportunities tailored to your financial goals, risk tolerance, and investment horizon.

Maintain Composure Amidst Market Volatility

Periods of market turbulence can incite panic among investors. However, it is essential to remain level-headed and maintain a long-term perspective during such times. Avoid making impulsive decisions based on short-term fluctuations and focus on your overarching financial objectives.

Assess Company Management Actions Over Rhetoric

When evaluating potential investments, examine the actions of a company's management rather than relying solely on their statements. This approach ensures a more accurate understanding of the organization's performance, financial health, and growth prospects.

Prioritize Value Over Glamour in Investment Selection

The most expensive investment options are not always the wisest choices. Focus on identifying value rather than being swayed by glamorous or high-priced options. This strategy promotes long-term financial growth and mitigates the risk of overpaying for underperforming assets.

Exercise Caution with Novel and Exotic Investments

While unique and exotic investment opportunities may appear enticing, approach them with caution. Ensure thorough research and due diligence before committing to such investments, as they may carry higher risks and potential pitfalls.

Align Investments with Personal Goals

Invest according to your individual objectives rather than adhering to generic rules or mimicking the choices of others. Personalized investment strategies are more likely to yield favorable results, as they account for your unique financial circumstances, risk appetite, and long-term aspirations.

Making smart and insightful investment decisions is an attainable goal with the right strategies in place. By recognizing your limitations, managing emotions, seeking professional guidance, and aligning your investments with personal objectives, you can cultivate a robust and successful investment portfolio that stands the test of time.

Action plan: Learn a few simple rules and ignore the rest of the advice you receive. 

It’s easy to become completely overwhelmed by the volume of advice available about investing. However, you don’t need to become an expert on the stock market in order to become a good investor. 

Just like an amateur poker player can go far if he simply learns to fold his worst hands and bet on his best ones, a novice investor can become very competent just by following a few simple rules. For example, he should learn not to overreact to dips in the market and make sure to purchase value stocks instead of glamour stocks. 

[onepercentclubblog]

How to the right financial planning course

The right Financial Planning Course is easy to understand, easy to execute, and worth every penny you invest. 1% Club’s courses meet all the criteria so that you can make your financial life stable asap.

[my-financials]

The FIRE Movement: A Comprehensive Guide to Financial Independence and Early Retirement

Introduction In recent years, a revolutionary concept has emerged in the realm of personal finance, captivating the imagination of young adults worldwide. Known as the FIRE movement, which stands for Financial Independence, Retire Early, this philosophy offers more than just financial advice—it proposes a radical shift in lifestyle. This in-depth guide explores the intricacies of the FIRE…

[kc22invesmentsblog]

The Rule of 72: Quick Calculation for Estimating Compound Interest Growth

Written by Delvin When it comes to financial planning and investments, understanding the power of compound interest is crucial. Compound interest can help your money grow exponentially over time, but how can you estimate the rate at which your investments will double? That’s where the Rule of 72 comes in. In this blog post, we’ll explore the Rule of 72, a simple and effective method for…

[rv-on-fire]

April 2023 Financial Update

Let's try this again. This time with the correct month. Thanks for reading!

April went by in a flash and it feels like May is shaping up to do the same. Ever since we left Mesa we have been busy trying to get caught up on projects and hobbies while at the same time getting back to enjoying the things we love like hiking and site seeing. And since we have family that lives close by we have to make sure we find time to visit and catch up while we can. Over the last month…

[budgeting-and-investing]

How retiring at 30 became my reality

It was a dream that many people thought was impossible, but for Jake, retiring at 30 became a reality. Jake achieved financial independence through smart investments and frugal living. In this article, we’ll explore the steps he took to achieve this milestone and provide tips for others who aspire to do the same. A Head Start on the Journey to Financial Independence Jake got a jumpstart on his…

[nathan-challenges-life]

2023 Goal Progress - June

I know I missed a few months of goal updates – and the first time after starting in 2020… but a lot has been happening and something very exciting to share! There are ups and downs across my goals, but definitely on the upwards trajectory. The next 6 months will be very interesting to see! To see a more detailed breakdown of each goal and how I’m planning to achieve it, check out my Goals for…

[prosper-path]

Escape the Rat Race: Achieving Financial Independence Through the FIRE Movement

Imagine a life unshackled from the daily grind, where work becomes a choice, not a necessity. This is the alluring promise of the Financial Independence, Retire Early (FIRE) movement, a growing community of individuals dedicated to achieving financial freedom at a younger age. While the idea of early retirement might seem like a pipe dream, the FIRE movement offers a roadmap – albeit a…

[stonebasalt]

I've officially been fully FIRE'd for a year.