The following articles are provided to assist you on your journey towards becoming unconstrained. All information provided on this website is for general use, and is not specific to your financial situation. Please consult with your CPA and/or attorney to get advice that is specific to your needs. Do not use this information to assist you with any financial purchase or strategic decision without first discussing the information with your CPA or attorney to determine the specific application to your needs.
The bull market we’ve had will be ending soon. This is just natural. Markets go up and markets go down. The bull market has been active since about 2010, fueled by low interest rate money but with the natural market cycle spurred on by the China Trade Wars, it won’t last much longer. What should those pursuing FI or FIRE do to adjust? Do they have what it takes to handle this?
The markets are on the move again. Bitcoin & Ethereum are seeing substantial price increases as they re-emerge as an attractive alternative asset class yet again. Here’s my take on it, since I was an early Bitcoin advocate back in 2011, and I’ve done pretty damn well out of them to date. You might be curious as to where I am at with this, so read on.
What we are doing in the United States and the western world is not working. The average person is living from pay check to pay check, is carrying too much debt load, has barriers to wealth, is brainwashed and is losing their individual freedoms. This article suggests a peaceful way to break that model that you can adopt today and be free of the restrictions of the economic systems that we are expected to live in.
It is time to get real. You've been told to pay attention in school, get a degree. Then get a good corporate job so you can enter the middle class. Well I'm here to tell you that it often doesn't work, and what you need to do to rethink that approach in the 21st century.
The surveillance state. Like the tale of the frog in a pot of boiling water, we have been exposed to a gradual increase of this as a blatant misuse of technology. There is a role for safety & security, but when it gets out of control, it is time to rethink where you live. If you feel the upcoming election cycle will drive your stress level up and your sanity challenged, this article might help you get some awareness of what is going on and your options.
First, don't panic. Don't get depressed and don't think all is lost. It isn't. We will break down the fallacy of retirement and turn some lemons into lemonade. There are ways to sustain yourself financially and it doesn't require millions of dollars in an index fund.
Maybe it is a generational thing, but the current FIRE entrants didn't seem to get the memo on financial safety, trust and just how dangerous it is out there. I guess until you have been a target of theft, you don't really feel the issue. We talk openly about safety & trust in this article.
Wealth is rarely generated without someone taking some form of risk. It might be the purchase of real estate, a business venture, etc. If you have a positive result from this, you could become wealthy. If you fail, you could become bankrupt. Let's talk about the balance of life risks and risk mitigation.
Those following financial sustainability know about faucets. We all have experienced the “drip-drip-drip” of a leaky faucet. It’s not only annoying, but if left unattended, it could add up to thousands of gallons of wasted water and a very large water bill. Losing money through not being mindful of small leaks is bad. Additionally faucets are a great way to collect money, and with enough of them you can be 100% financially sustainable.
Our world is changing. Robotics, AI and automation will do more to increase layoffs of workers than anything we have seen in the past 30 years. Think you have a safe job? Think again. You don't. The corporate mindset wants to destroy your job, but if you are on the path towards financial sustainability, this shouldn't be a big deal.