Blog roundup/interesting links May 2020
A great summary of the FIRE movement:
https://www.thousandaire.com/its-all-about-creating-income/
I've linked this before, but it's worth including again:
https://www.wealthwelldone.com/how-can-i-change-my-life/
-And while we're using allegorical stories:
https://froogalstoodent.blogspot.com/2017/01/a-tale-of-two-kingdoms.html
A sound planning session with Inspire to FIRE:
https://www.inspiretofire.com/recession-investment-plan/
The benefits of FI:
https://www.physicianonfire.com/the-benefits-of-financial-independence
Though I don't usually condone day trading, a little information about good, debt-free companies won't hurt. To that end, this is one part of a series on debt-free companies. I like the analysis, though it's not actually influencing my own investing decisions:
https://seekingalpha.com/article/4339254-debt-free-companies-of-s-and-p-500-jack-henry-associates
Some good guidance on how to handle a dip in the stock market if you're planning to retire soon; good advice to hear if you're worried about how the COVID-19 economic slowdown will affect your ability to retire:
https://www.moneytalksnews.com/retire-even-when-the-economy-heads-south/
Jim Collins is ALWAYS worth reading and considering. This one is particularly notable for a great line by Jon Older, in his 8:54 PM comment: "Like a famous person once said, money is like a bar of soap. The more you handle it, the smaller it gets." Great stuff!
How does Japan deal with its extreme population density, especially in Tokyo? Micro-apartments!
Another dose of sanity, this time from Mr. Money Mustache:
-The money quote: "But in this situation, it really helps to understand the big picture of what is actually going on. The world is not ending. The air outside your windows is not a swirling cloud of certain death. All that has changed is that we are in a self-imposed economic slowdown that has been created purely to save the lives of our most vulnerable people. Which is one of the most compassionate things our society has ever done." [emphasis in original]
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