Early Retirement Extreme

— a combination of simple living, anticonsumerism, DIY ethics, self-reliance, resilience, and applied capitalism

The true cost of coffee addiction

Published in April 10th, 2013
Posted by in Finance, Strategy
22 Comments

When financial independence is a priority, it is very helpful to develop an idea of how much money one needs to support a particular expense. Consider a daily $1 cup of coffee. That is $360 a year. With the canonical 4% withdrawal rate, one would need to save and invest $360/0.04 = $9000 to support […]

continue reading.....

Early Retirement Portfolios

Published in April 10th, 2013
Posted by in Finance, Strategy
33 Comments

As I have mentioned before extreme early retirement (<35) does not happen due to a prudent investment plan. It happens either by following an extreme savings plan or by being lucky (rich uncle, lottery, penny stocks, real estate, …). These reason is that the time it takes to reach financial independence, around 5 years, is […]

continue reading.....

Market professionals and market efficiency

Published in April 10th, 2013
Posted by in Finance
18 Comments

There’s a relatively small group of market professionals that run most of the market. Each person controls tens or hundreds of millions of dollars or more. Far more than their personal wealth. These people are salaried professionals who work for mutual funds, pension funds, and insurance funds. They all ride the same subway to Wall […]

continue reading.....

Newer Entries » « Older Entries