The FIRE Shrink discusses the changes in the markets this week. Animal lovers will find bears, bulls and a black swan in the article.
The Shrink is in an early state of the FIRE journey, currently building up his emergency fund and starting investing. He shares his real numbers, progesses and goals with us (including reducing his carbon footprint).
Route 2 FI describes how he went from 800 to 200 000 $ in less than two years. The post includes recommendations for his favourite books, blogs and twitter accounts. He also shares his questions about the future: full speed to FI or slow down by working part-time?
Route 2 FI interviews The Dividend Story, a blogger from Sweden who together with his wife increased their net worth by over $800k in 8 years. They talk about this FI journey, his investing strategies (including leverage), post-FI plans and much more.
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.