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.
FIREvLondon had great fun in a debate about including ones home in the FIRE net worth. He argued for the opposite of his normal opinion.
Route2FI wants to speed up his journey to FIRE.
The CashflowCop has listed over 40 FIRE calculators and other useful tools, from simple to sophisticated.
Weenie shares her savings rate and how the markets have treated her in December.
Last week I reached a new milestone with my Vrijheid Fonds. At the closing of the market on Wednesday my Vrijheid Fonds reached €100,493 ($117,111) for the very first time. My portfolio is all about dividend income, and therefore I’m not as concerned about my total portfolio value. But it is still nice to see the value increases with new capital and capital gains.
It has been a while since I last wrote a post. Many things are going on at the moment. We are in the middle of a renovation, Mrs. Roadrunner has started to work on a project, we had our well deserved holiday, plus there are something always going on that keeps us busy all day. It’s a pity you cannot get more time and it is only the wasted time that compounds…