This article takes off from the groundwork we established in Part 1. In writing this series, I have started with the well-supported premise that over the long-term, equities are the best asset class to remain invested in. In addition to my article on the efficient frontier, there are several excellent books and good resources on […]
Saving regularly and having a zero or manage-ably low debt are important prerequisites for efficient long-term investing. You can’t think of investing until your savings is building up. If you are a diligent saver or have sizable funds already, this series of articles is for you because it is about investing those savings. After you are […]
The title is a line I often use with friends and even in comments I leave on other websites. There is no compulsion that financially independent people must retire early. In math, there is a concept called ‘necessary’ and ‘sufficient’ condition for a given outcome. Without getting into math, a real-life example will make the concept […]
Statistics tell you that you don’t need to be in the 7-figure net worth club to be part of the rarefied segment of top 1% in the world. It certainly doesn’t take much to be in the top 10%. Still, by definition, this means 90% of the world is not there and most are nowhere close. Granted, a […]
This website is fortunate to have high quality of visitors, based on what the analytics tell me. TFR is also fortunate to have a global audience and people from various industries (both working and retired). So, I am counting on your advice in this post. This is my first attempt at discussing a specific stock holding of mine. […]
Really. And I probably would’ve been posting some bad-ass or irreverent content as a carefree FIRE’d 30’s guy. But life had different plans for me. Some of you may see this as kinda, sorta, sequel to why FIRE is much harder as a couple. That article seems to have resonated with many readers. Apart from the […]
Crony capitalism and stifling bureaucracy are the twin curses that block the progress of many developing and emerging countries. These two curses lead to a troubling disease – a parallel economy that runs on cash outside the formal economy and tax authorities. This underground economy runs on illicit or unexplained cash, but leads to real inflation […]
Don’t think so? You may be closer than you think. Read on. I grew up hating the rich because, in my idealistic younger days, they represented the anti-thesis of equal opportunity and egalitarianism. I heard stories from my parents about people who used their government connections to score sweetheart business deals, dodged their taxes, and were slave-drivers […]
‘Tis the season of health in U.S. and the mood is not healthy. Open enrollment periods in ACA (‘Obamacare’), fears about repeal of Obamacare by the new U.S. administration, and consequently, media and personal finance blogs worrying about impact of impending changes on the cost of health insurance and even the viability of early retirement. In addition, […]
Whether you invest in the stock market via index funds or individual companies for your retirement, the success of your investments depends on the profits of publicly-traded companies. As Benjamin Graham said, the stock market is a weighing machine in the long term and only a voting machine in the short term. What it […]