What do you do when you are left holding many, many, individual stocks? I fired my financial advisor last fall, only to find that I now own my own a mutual fund of 80 stocks. So if you were wondering what happens if you stick your head in the sand. Now you know. This is… Continue reading Do I own my own mutual fund?
Financial Independence
Are you prepared for your financial failure?
Visualize failure – the best way to prepare for anything. Imagine this financial independence worst-case-scenario: You have just reached FI. Your net worth has crossed your magic number and you are finally able to cover 25x your annual expenses.You are financially independent and you now plan to work one more year to pad your FI.… Continue reading Are you prepared for your financial failure?
Camping is not so different from investing
My family and I are heading camping soon, and for some reason it dawned on me that camping is a lot like investing. There are a lot of people who just will never, ever, go camping, because sleeping outside, getting out of their comfort zone, and any sort of risk taking are just not for… Continue reading Camping is not so different from investing
Refinance now to improve your savings rate, cash flow, and overall wealth
Interest rates remain historically low. If you have not refinanced, please do so now! We recently finished up refinancing via an Asset Based Mortgage to save $500 on our total mortgage payment. This was huge for us, especially after Accidentally Retiring. Not only are we now able to save $6,000 a year in total expense,… Continue reading Refinance now to improve your savings rate, cash flow, and overall wealth
I decided to fire my financial advisor…now what?
How to manage the transition away from your financial advisor Late last year, after I Accidentally Retired, my wife and I finally pulled the plug and fired our financial advisor. There are so many reasons why we decided to fire our financial advisor, and now we were left dealing with the aftermath. Here were the… Continue reading I decided to fire my financial advisor…now what?
