Should older FIRE-ees stop preaching to a younger generation who cannot take this path?
motivation
Some people are stricken by investing paralysis, unable to commit and waiting for an ideal tomorrow that never comes.
Passive investing is all excitement at the start, but then you hit a plateau and there’s nothing do but keep at it.
Don’t put off your rainy day fund for a rainy day. Start being the person you want to be right now.
Some people’s parents teach them how to buy their first shares, or the power of compound interest. My dad taught me that once you’ve got a bit, after that money doesn’t matter so much.
The reason why super well-paid bankers, management consultants and the like still moan about their jobs is because they lack a purpose.
Do you have the vision, determination and commitment of swimmer Michael Phelps? You might not have his 6′ 4″ tall frame and dolphin-like body, but even as investors we can learn from his stunning achievements. I let go of my Olympic dreams when medical complications sent me to hospital aged 18. Before then, I’d been [...]
Recent immigrants can inspire us to earn more money, to start new businesses, or even just to greet the day with a smile. Seriously.