Tweet Investing in the stock market can be intimidating, especially for a beginner with very little savings. Even the pro’s can’t agree on where we should put our money. Index funds? Individual stocks? Bonds? ETF’s? The list goes on and on. Basically, it scares people away. That, in itself, is not a bad thing, because [...]
Tweet In asset allocation, diversification is a hedge against risk. Putting 100% of your money in one stock is extremely risky due to the volatility of an individual stock. A single stock is subject to 5 types of risk: Business Risk (earnings could drop), Financial Risk (the company can’t get funding), Liquidity Risk (you can’t [...]
Tweet I’m commonly asked what I’ll do after retiring extremely early. I’ll be 35 years old, won’t I get bored? The short answer is – “Are you kidding me?!?” But that would make a boring and poorly informed blog post, so I’ll give you the long answer. The truth is, whether you retire at 35 [...]
Tweet Saving up for an early retirement is much easier than financial advisers are willing to admit. Cut your costs – extremely. Live on one paycheck, or better yet, a fraction of a paycheck Invest in low cost mutual funds or dividend stocks. Go back to #1 and cut more costs. Anyone that says it’s more complicated [...]
Tweet I don’t tell many people about my plans for early retirement (except for this anonymous-for-now blog), but those that I do always have the same two responses: What will you do when you retire? Won’t you get bored? Isn’t that really risky in this economy? The short answer to the first question is “No!” [...]
Tweet I’ve just joined the Yakezie Challenge. Yakezie is a Blog Network for Personal Finance blogs and Lifestyle blogs. Although my site is not a typical personal finance blog (I’m not trying to make money from it), I do like the idea of networking with like-minded people and having conversations rather than me just spouting [...]
Tweet Extreme careerism is the downfall of corporate culture, which is funny to me because it’s the corporation that breeds the trait. Extreme careerism is the focus on ones own career “growth” as the primary goal, rather than on quality of owns performance. It can be seen visibly through things like: Uncomfortable dress clothing – [...]
Tweet When you own a car, you spend time in it driving and sitting in traffic. You spend time parking it, washing it, cleaning it, and gassing it up. You spend time at work earning money to pay for the car, the insurance, the gas, the repairs, taxes and registration. In the end, the average [...]
Tweet It’s fascinating how you can change your life simply by being conscious. Shortly after reading Early Retirement Extreme I read Your Money or Your Life. And I remember looking at the charts where people tracked their savings and expenses over time, and they all shared a common look: They made massive drops in expenses [...]
Tweet Savings rates in the US are tragic, but very few people realize how bad it really is. Even as I save at a very high rate (almost 70% of income and growing), I didn’t realize what a low savings rate really meant with regards to retirement age. The reason for this is simple. If [...]
If you enjoyed the post, make sure you subscribe to the RSS feed.
© 2013
Powered by WordPress. Design by 
