Invest
Quit Like a Millionaire is Available for Pre-Order!
FIRECracker
Latest posts by FIRECracker (see all)
- QUIT LIKE A MILLIONAIRE is Now Published! - July 9, 2019
- Reader Case: Start Early, Retire Early - July 5, 2019
- Chautauqua UK 2019: A Week Together With Our Tribe - July 1, 2019
After almost 2 years in the writing trenches, we are beyond excited to announce that our book, Quit Like a Millionaire is ready for pre-orders! If you’re ready to get a copy and want the freebies that come with it, click here. Otherwise, read on. Buy from Amazon It’s being published by TarcherPerigee, an imprint of Penguin Random House, and will be coming to a bookstore near you on July 9, 2019! (As of right now, if you pre-order from Amazon and you’ll get a 31% discount!) Now, I know I don’t get emotional often on this blog […]
The US China Trade War
Wanderer
Latest posts by Wanderer (see all)
- Reader Case: Keep Calm and FIRE On - May 31, 2019
- The US China Trade War - May 27, 2019
- Reader Case: Should I Buy a House as a Passive Investment? - May 17, 2019
Unless you’ve been living under a rock, you may have noticed that the US and China have been getting…a little testy with each other. Dow Dives as Markets React to Trade War with China –CNN, May 13, 2019 Boston Fed President: Tarriffs Have The Potential To Slow Down Economy –CNN Business, May 22, 2019 Dow in Freefall as Terrifying 15 Year US China Trade War Looms Large –CCN, May 23, 2019 Yikes. OK so what’s going on here? Why are the US and China in a trade war? What does it mean for our investments? And what changes (if any) […]
FUD, FOMO and Bitcoin
Wanderer
Latest posts by Wanderer (see all)
- Reader Case: Keep Calm and FIRE On - May 31, 2019
- The US China Trade War - May 27, 2019
- Reader Case: Should I Buy a House as a Passive Investment? - May 17, 2019
After last week’s rather amusing debate about crypto-currencies, I thought it’d be interesting to keep the conversation going by examining two rather interesting reactions that came out of that in the comments: FUD and FOMO. What are FUD and FOMO? FUD stands for Fear, Uncertainity, and Doubt. I first heard this term from salespeople in the high tech sector, who used the strategy of spreading rumours about rival companies (“I heard their chips catch fire all the time”) in order to make their companies’ products look better by comparison, but it also applies in the investment world too. Basically, when […]
Why I won’t Touch Cryptocurrencies and Neither Should You
Wanderer
Latest posts by Wanderer (see all)
- Reader Case: Keep Calm and FIRE On - May 31, 2019
- The US China Trade War - May 27, 2019
- Reader Case: Should I Buy a House as a Passive Investment? - May 17, 2019
On Friday’s reader case, our intrepid reader Condos&Crypto said that stumbling across our site prevented her from taking the proceeds of her house sale and dumping it all into cryptocurrencies like Bitcoin. In the past, I’ve always recommended against having significant exposure to crypto, but that wasn’t because I had strong feelings one way or another, it was because I didn’t understand cryptocurrencies all that well. So over the past year, I’ve been following the whole cryptocurrency space and learning more about this thing, and what I’ve learned has horrified me to the point that I won’t touch crypto at […]
Ultrashort Bond ETFs
Wanderer
Latest posts by Wanderer (see all)
- Reader Case: Keep Calm and FIRE On - May 31, 2019
- The US China Trade War - May 27, 2019
- Reader Case: Should I Buy a House as a Passive Investment? - May 17, 2019
Today I’m going to talk a bit about an asset class I recently started using, which are Ultrashort Bond ETFs. The name makes them sound like something that invests in companies that produce extreme board shorts or something, but it’s actually far more mundane. What are Ultrashorts? Remember that there are two basic asset classes in an investment portfolio: Equity and Fixed Income. Equity generally invests in companies, while fixed income generally invests in bonds. I know there are more esoteric things like Preferred Shares (which we write about here), but let’s keep things simple for this example. When picking […]
