As I alluded to in my previous post “The $100 an Hour Rule”, you can conceptualize financial freedom as a triangle, as there are three sides to achieving it: how much you earn, how much of it you save, and how much your savings grow. … Continue readingThe Golden Triangle of Financial Freedom
You know, it’s kinda horrifying to pore over job boards and career options, and it dawns on you more and more each time you look at them that you would earn more per hour by just going freelance using the skills you already have than … Continue readingThe $100 an Hour Rule?
It’s curious how Americans seem to find it normal and acceptable that not just particular neighborhoods but whole regions of the country are off-limits for you to live in unless you make more money than most people. This economic situation is of recent provenance, and … Continue readingNo Escape for the Cheap
We’ve all heard the mantra “Build Back Better” so beloved by our political leaders, including President Joe Biden, but what does it mean? At last we have an answer on the White House website, as encapsulated in “The Life of Linda”. Here I will go … Continue readingUpgrading the Life of Linda
The longer I live the more I think my best life would be to make a big yacht my home and roam the world forever with family and friends. Exploring every culture of the world that’s anywhere near a port, all from the comfort of … Continue readingThoughts on the High Life at Sea
Financial independence is often thought of as a pathway where you get a good job with the usual methods, work and save diligently well beyond the median percentage, and have the ability to retire early and safely. Although still unknown in many quarters and somewhat … Continue readingThinking Outside the “FIRE” Box
In recent years the “financial independence/retire early” (“FIRE”) movement has risen and gained popularity, starting with a few blogs and spreading outward from there throughout the online world. 813,000 Reddit users subscribe to the main financial independence subreddit (r/financialindependence). Before we get to anything else, … Continue readingPensioners, Aristocrats, and Financial Independence
When investors seek to grow their wealth over the long run, mainstream advice for how to allocate their assets usually ranges from a relatively even blend of stocks and bonds to 100% stocks. Introducing bonds into an otherwise all-stock portfolio reduces volatility (and returns), and … Continue readingLeveraged Stocks for Long-Term Investing