Invest
Our 2021 Portfolio
- Our 2021 Portfolio - January 10, 2022
- Reflections on 2021 - December 27, 2021
- Is This the end of the Backdoor Roth IRA? - December 13, 2021
What a year 2021 has been. A new US president. An attempted coup in Washington. The development of a miraculously effective vaccine in record time and the start of the largest global inoculation campaign in history, only to be derailed by a new super infectious variant just as the end of the pandemic looked to be in sight. To say it was all a bit head-spinning would be a massive understatement. Let’s take a look at how all this news has affected our investments. Rising Economies Lift All Portfolios Even though all we can think about right now when it […]
Is This the end of the Backdoor Roth IRA?
- Our 2021 Portfolio - January 10, 2022
- Reflections on 2021 - December 27, 2021
- Is This the end of the Backdoor Roth IRA? - December 13, 2021
American tax planning has always been a confusing mess. On top of typical retirement savings vehicles like a 401(k) plan, you also have IRAs, Roth IRAs, Roth 401(k)’s, and all the different rules and regulations that govern how they all interact with each other. Fortunately for the FIRE community, you have nerdy bloggers like us, Mad Fientist, and GoCurryCracker who actually enjoy unwinding all the confusing rules and figuring out strategies that allow us to use these accounts to save taxes and, more importantly, be able to access that money in order to fund our living expenses in early retirement. […]
The Return of Dividends
- Our 2021 Portfolio - January 10, 2022
- Reflections on 2021 - December 27, 2021
- Is This the end of the Backdoor Roth IRA? - December 13, 2021
There’s been a lot of news in the finance world lately. As the pandemic’s effect on the economy continues to ease, governments all over the world are gradually pulling back the economic measures that were put in place to prevent the economy from completely collapsing. A few months ago, both Canada and the US ended their pandemic unemployment benefits that financially supported people who were thrown out of work. Then, central banks announced that they would slow or eliminate their Quantitative Easing programs, essentially stopping the printing of money so that inflation can be brought under control. And now, one […]
How to Get Free Bitcoin
- Our 2021 Portfolio - January 10, 2022
- Reflections on 2021 - December 27, 2021
- Is This the end of the Backdoor Roth IRA? - December 13, 2021
I’m honestly not sure why so many people have such a hard-on for crypto. At this point, we now personally know nearly all the major FIRE bloggers out there and of the ones that successfully reached FIRE, most got there by investing their money in index funds, with some doing it through rental real estate. Nobody got there by investing in crypto. The biggest reason for this is that cryptocurrency is a speculative investment with no intrinsic value. Even if someone did make millions off Bitcoin, it would be completely unreproducible. “How did you become a millionaire?” “Oh, I bought […]
Why Women Are Better At Investing
- How FIRE Changes Your Perception of Time - January 17, 2022
- Our 2021 Finances - January 3, 2022
- Reader Case: Teachers Dreaming of FIRE - December 20, 2021
When I first started this blog, one of my mentors (a man) told me, “you’re going to have a huge disadvantage writing a finance blog as a woman. No man will ever read it.” (Millions of views and tens of thousands of subscribers later—half of which are men—he’s been proven wrong) In engineering school, I was outnumbered 8 to 100 as a woman by my male classmates. And finally, at work, there were two male bathrooms for every female bathroom to accommodate the high male-to-female ratio in my field. Women still earn 80 cents for every dollar a man makes. […]
