Is It Really Passive?
Is It Really Passive? We love to use the term passive income. It is the calling card of the financial independence community. The idea is to build wealth actively for a short period of...
Is It Really Passive? We love to use the term passive income. It is the calling card of the financial independence community. The idea is to build wealth actively for a short period of...
YOLO is a No No I have written in the past about the opportunity cost fallacy. In brief, there is an argument that luxury spending saps wealth by obliterating the compounding effect of the...
Stealthy, Wealthy, and Wise Although you may not believe it my dear reader, I have great hopes for you. As with any group of close intimates, I wish for you only the best. Everyday...
Money Apathy In a previous post I discussed the magic of market apathy. When your path to financial independence is long-term and you have chosen the right investments, the momentary swings of the stock...
Stealth Work One of the great benefits of reaching financial independence is the ability to modify work schedules to fit my preferences. Maybe I want to work only certain days of the week. Am...
You Can’t Commoditize Time Time is money, and money is time. Right? At least that is what the financial independence community espouses as the main thrust of pursuing FI. There is a mistaken belief...
Perpetual Money Machine You too can have a perpetual money machine, but you have to build it. There are no short cuts. There are no easy pathways short of speculation. Whether investment or career...
Third Generation FI I have been thinking and talking a lot lately about financial modeling behavior for the next generation and financial independence legacies. So it hit me like a brick to realize that I...
Young, Smart, and Broke Millennials are smarter than us. They are. There is no question. So it is unsurprising that a host of millennial financial independence voices have sprung up and gained prominence in...
I Flaunt My Wealth I’m wealthy. Wealthy beyond my dreams. And I like to flaunt my wealth. Now wait, I know what you’re saying. Aren’t you a stealth wealth practitioner? Don’t you believe in...