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Books that have helped us on our Financial Independence Journey
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The Bogleheads’ Guide to Investing:
The Intelligent Investor:
A Random Walk Down Wall Street:
The Book on Rental Property Investing:
Building Wealth One House at a Time:
Rich Dad Poor Dad:
The Total Money Makeover:
The $100 Startup:
Freakonomics:
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Stock Market Is Crashing, So We’re Buying This NOW (See Our Top Pick):
Oh NO! Interest Rates Are Going Up! | Here’s How to Invest in the Stock Market:
9 Rules We Followed to Become Millionaires in our 30s:
Financial Norms Destroying Your Wealth – We Broke Them to Retire at 39 As Millionaires:
Our Top ETF Investments for Dividend Income and High Returns to Retire Early:
Investing in Index Funds for Beginners | Tips & Advice From Millionaire Investors:
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Thank you 👍👍👍
Joy thank you
Buy jepi
Hi guys, this is a great great episode! I have a follow up question: how would the numbers be different if the timeline was a bit shorter or a bit longer? Given the magic of compound interest, my guesstimate is that even a couple of years would shave off the monthly number exponentially. So in a sense, sometimes I think getting there a bit more slowly can pay off.
I’ve been putting $1,000 every month into my 457b since 2019. At that time I was 27, I wish I would have started 3 years sooner.
Inflation will caught behind you to make sure balance is "there" = work at least 20-25 years. Imagine just 10% of young people following this guideline early retirement + aging society the keep increasing every yr = lack of labor and more of social welfare burden. It's a beautiful dream as an employee's BUT a nightmare for employers.
Great people. It’s crazy how they immediately garner trust
Great advice you gave her. One more thing, as your caller is up based she should think about setting up a low cost stocks and shares isa which will allow her to invest up to £20k per year and she never has to pay tax on the returns or growth. There are lots of different types but definitely something to look into if uk based
Making money is an action. Keeping money is behavior. Growing money is knowledge.
Great video, thank you for sharing. The reality is that dividend investing has a tremendous passive power and it is ideal for all investors, whether beginner or experienced. It requires PAYtience which ultimately PAYS off!
For anybody to answer. I have a ROTH Capital Growth fund. Should I put my roth in something more aggressive? I haveVTSAX VSMAX FXAIX USWAX and two other low risk mutual funds. I habe too many funds open. I'm 43 and no debt. I feel like I need to consolidate or decrease my mutual funds and only contribute to 2 index funds? I want to be very aggressive. Let me know.
i need div stocks to pay $500 a month? how much to invest?
A young person who focus on retiring in 10 years might forget the most important part. To enjoy the journey.
great video and question. I am in my 40s and this really got me thinking! thanks for that
Please account for inflation when you are investing. 10% is without inflation.
they just told us overtime is open until 8pm, m-f. making a plan now!
Question: How to achieve my FIRE number as an older person (39 years old – time is key i guess)? Is there still hope for me to be Financial Independent? Thank you!
I really wish i could have started at 23 years old, that's awesome! Now a bit old but still on the grind!
Thanks for all the great content you are posting in this channel. Is it a better idea to invest in Annuities for a 35 year old?
Very helpful! Thank you!😊🙏
I purchased one of your packages at the beginning of this year (I believe it was a brand new one that built on itself each month for the course of 12 months). I started it but didn’t fully use it as I was focusing on paying off my credit card debt that was at $18,000 in January and is now at $1,900. When I started paying it off it was at $37,000 so at the end of this year I will be completely paid off! It took me three years and downsizing my rental expenses to having a roommate. It was so hard to think about investing with that monkey on my back. I’m excited to use it now. Even tho I won’t get the full benefits of what I purchased just having the guided template is helpful! Thank you for all you do!
Since she is in the UK, she must have govt universal health care. Because here in the US, there is no way someone can retire with just 1 million at 33 + be able to have sufficient health insurance all the way till 65 (and as the Republicans have said manyany times, they will get rid of social security+ medicare + phase it out. With them wanting to push retirement age at 70, we Americans have to really focus on saving + investing as much as we can….as always you guys rock! Love your podcast + videos!
Is this episode posted under the wrong YouTube account? I was thinking it should go under the podcast one?
I love that you film these podcasts!
Do you guys recommend slow travel? Let’s say rent a villa in Bali and live there for a month or two then go to Thailand. Right now I think it’s cheaper than living here in the US.
The mindset, the mindset, the mindset. The only other more powerful thing is seeing it done by someone like yourself.
Excellent video Team
Better also account for inflation on the final fire number
With inflation as high as it is, $1,000,000 is not as much as it use to be. Going to need to be debt free plus have a good plan that creates enough monthly income from that nest egg
You can sell covered calls on your stock to increase returns without adding much risk.
I need help on how to invest ….I would love to move to Portugal but I need to invest. I’m
Going on social security by April and I still work with no retirement plan…I want help on how to invest to be able to move to Portugal one day, well I’m a couple of years but I know going to need the cash to be able to make it there. Don’t think I could just make it with social security money, which is not that much!…I started investing with Acorn, but I want help on how to make enough to reach my goals