With the traditions of Christmas and other holidays around, Ten Factorial Rocks takes a road less traveled. One of this site’s goals is to find meaning, and it is about ‘finding yourself’ in a spiritual sense. Today, I am presenting an unbroken ancient tradition for over 10,000 years – the oldest recorded continuous human tradition. Unless you have […]
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 […]
Where we live is a very important decision in our lives. For those in high cost-of-living areas, it can motivate their FIRE-seeking journey and for others already in low cost-of-living areas, it makes their FIRE real or well within reach. The world is full of interesting places with a wide variety of living costs. The earth […]
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 […]
Love ain’t FIRE
It’s true. Math and Science don’t lie! I will prove it in this article.
Getting to financial independence or retired early (FIRE) stage is not easy – it requires of years of persistent effort, discipline and an ability to think for yourself and often against the ‘grain’ of modern lifestyle and social norms. Maybe one in a hundred people will have the wherewithal to reach FIRE. So, the probability of getting to FIRE is say about 1%, whether you are a man or a woman.