If early retirement is a personal goal, then shopping probably can’t be your main hobby. If the idea is to whittle away at that which is unimportant, in order to focus on that which is important, then buying a bunch of stuff that you don’t need for the sake of fleeting moments of entertainment, really […]
Archive | Early Retirement RSS for this section
Carpe Diem
One of the most common counter arguments I get when I discuss early retirement and the importance of the savings percentage with my friends, goes something like this: “My father died at age 36. What good would it have done him to save such a large proportion of his income for some retirement that he […]
Do I Bore You With My Investment Talk?
I realize that just because investing is deeply interesting to me, doesn’t mean that it’s interesting to everyone else. Some people read investment theory books for breakfast lunch and dinner (i.e. me). But others’ eyes roll back at the mere mention of “compound interest.” Allocation? Don’t talk to me about allocation. I would argue , […]
Bondage
We’ve now talked about all four factors that have been shown to correlate with higher returns in the stock market. The market (beta), value, size, and momentum factors; we’ve covered them all. It may have been a little bit econ 101, but it was probably necessary in order to frame the next part of our […]
On Bluebirds and Wolves
The first principle is that I must think about something new every day, and write something new every day and post something new everyday. The complicating factor is that I’m at a hotel in Medford Oregon tonight getting ready for a talk tomorrow. So this post will be less structured Than normal. Mea culpa. I […]
Small Packages
In the post the Value Of Value, we discussed the value premium. This classification is based on the observation that cheaply priced companies (low stock price relative to the earnings or asset value) outperform other stocks over the long-term. The size premium refers to the observation that over the long term small size companies outperform […]
Money Laundry
As we discussed in the post, money for nothing, The goal of manufactured spending is to spend money on cash equivalents (ie “nothing”) so that your spending rate goes up on your credit cards, enabling you to earn more points/miles. Stated differently, manufactured spending enables you to put every dollar of spending that you might […]
More Math
Note: the post here is just plain wrong! I have a more accurate approach to this issue here, please enjoy this one instead. I got a question today about calculating the number of years until retirement. The question was based on the posts, “warning this post may change your life,” and “I was […]
War Of The Worlds
In general I see the miles game, and the pursuit of early retirement/financial independence as very complementary. (Obviously.) Early retirement is all about frugality. About making choices for freedom and against needless consumption. It’s about pursuing happiness. Early Retirement Dream House The miles game, on the other hand, allows one’s world not to shrink just […]
The Bookie’s Cut
When choosing an investment strategy, there’s probably nothing more important than focusing on the fees. We talked about diversification, and how it is the only “free lunch” in investing. We discussed rebalancing and how it allows you to repeatedly buy low and sell high. These aspects of asset allocation and investment behavior are incredibly important. But they’re probably […]
Recent Comments