This would be a slightly depressing net worth post were it not for a new way of reckoning our progress towards FIRE!
It’s Okay to Ditch a Bad Investment
In the Financial Independence community, we have a dogged devotion to our investments. “Buy constantly and never sell,” and “you only lose money when you sell” are common refrains. When, then, is it acceptable to sell a bad investment? Should we hold onto investments which are objectively terrible, too?
August 2017 Financial Statement
I just wish we could share the amazing progress made toward huge life goals this month, but you will have to wait a while longer on that! In the meantime, our net worth increased modestly in July and August, primarily because we adjusted rental property assessments down.
On Having the Courage to Live
A popular quote by Mark Twain says that “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts.” That has never been more true.
The Point of Retirement Inevitability
There’s a milestone on the path to financial independence that, for most people, goes unnoticed. I call it the Point of Retirement Inevitability.
June 2017 Financial Statement
We saw some financial setbacks in May and June which resulted in our net worth creeping up fairly slowly. We spent tons of money– some optional, some not. Find out where the baby-related hole in the boat was the past two months!
New Life and the Urgent Quest for Freedom
How does bringing a new life into the world make our desire for financial independence an even more urgent quest? We chart our new course and begin our new adventure!
April 2017 Financial Statement
According to my Integrity Policy, I want to let you know that this post contains Personal Capital referral links. Personal Capital is a free service. They are looking for high-net worth individuals as possible customers for their financial advisory services, but the…
Retirement Under Fire: How To React
Retirement under fire! Over the past several days, an increasingly fearful parade of news articles have warned that the Trump White House is considering severely curtailing the tax benefits of 401(k) plans as way of offsetting tax breaks. Here’s what…
March 2017 Financial Statement
According to my Integrity Policy, I want to let you know that this post contains Personal Capital referral links. Personal Capital is a free service. They are looking for high-net worth individuals as possible customers for their financial advisory services, but the…