Some of the decisions the Monk shares with us are quite obvious, others less.
Yes, it’s worth looking at what successful people do, what their habits are. Some might not fit our lifestyle, others could be the key to reaching our goals or even setting the right goals. Read on…
The Monk gives us a structured approach, wading through different costs and tax aspects of ETFs and index funds so that we can decide for ourselves what we prefer.
If you invest in index funds/ETFs and you’d like to understand how safe or risky it is to rely on the stockmarket, you need to know about the trinity study. The Poor Swiss gives us an overview.
Podcast: Enjoying the road to FI | Michael from Playing with FIRE| by FI Europe Podcast | Michael didn’t enjoy his full time web developer job any more. So he went part time and started side husteling. Enjoying the journey to FI instead of focusing too much on the goal is the name of the game, as he is currently living a semi-retirement. This allows Michael to focus on his family (he has three kids) and passions. Another topic of…
If you invest in the stockmarket via ETFs you absolutely have to be familiar with the concepts of distributing vs accumulating funds. The Poor Swiss explains it.
Philosophy – Identify your “why”; Psychology – Reduce spending; Work Ethic – Increase income; and Finance – Grow wealth. These are the four pillars around which a new book on FIRE evolves. Route2FI has written an extensive book review.
Podcast: How I Managed My Emotions During the 08 Stock Market Crash | by FI Europe | Nicolas is an Argentinian living in Spain. He has experience living in a country with hyper-inflation and since then has used his own strategies and techniques to manage his financial assets and surviving the 2008 crisis. He talks about it in this FI Europe podcast. You can read the transcript and show notes here. Podcast created by financial-independence.eu