A FIRE movement blog for those seeking FIRE, by those seeking FIRE
Anyone that has ever dreaded going into work has dreamt about retiring early. It's safe to assume that nearly everyone has fantasized about taking their job and shoving it.
While that sounds great, an early retirement isn't a good idea unless you've taken the time to set yourself up for success.
What you'll find here are articles, podcasts, videos and other kids of content that will help you create a strategy to retire early. Regardless of where you're at on your financial journey, we've got you covered. Browse around for amazing content that will help you create a rock solid plan to retire early.
Any successful retiree needs one thing: a financial portfolio that will last longer than you. Take a look around this site for content that will help you build a portfolio that will allow you to reach financial independence and retire early.
Who doesn’t want to get rich quick then ride off into the sunset to live the life of their dreams? I do – that would be awesome! And based on the Google search results that drive people to this website, I’m not alone either.
Here’s the good news/bad news reality: it is possible to get rich quick. But you shouldn’t spend much time or money trying.
[Read more…] about My 10 Step Plan to Get Rich Quick’ish and Retire Early
As more people become aware of and join the FIRE movement, the definition of FIRE continues to evolve. So just exactly what does FIRE stand for in finance terms? Well, that really depends on who you ask.
[Read more…] about The Newbies Guide to Understanding FIRE Finance
People are funny creatures. We quickly become accustomed to new luxuries and then we can’t seem to live without that thing we’ve lived our entire lives without.
Cell phones are a good example. Just a few short years ago cell phones were expensive nice-to-haves. Today they are must have items that people have become addicted to and can’t seem to function without.
[Read more…] about The Luxury Trap: When Niceties Become Necessities
By Mike Monfredi.
I had heard that dental school was “expensive.”
How expensive… eh? Didn’t have that exactly dialed-in yet. But as my wife (Monica – then fiancee) began applying to different schools, I became increasingly concerned with those annual tuition costs.
[Read more…] about Slash Your Student Loans Before You Need Them
We’ve all heard the conventional wisdom on investing: Invest only using index mutual funds. 90% of professional mutual fund managers fail to beat their benchmark. What chance does an individual investor have?
Surprisingly, when it comes to stock picking, small investors do have a huge advantage over professional money managers. The main reason is size. Mutual fund managers, if they are successful, end up with a lot of money to invest – billions of dollars, in fact. If they are good stock pickers, they might very well be able to pick more winners than losers. If they were provided with a million dollars, they could come out ahead of their benchmarks.
[Read more…] about How Investing in Individual Stocks Can Help Get You FIREd
