Today I talk about the two main investment vehicles to use to invest your portfolio: Exchange Traded Funds and Mutual Funds. I talk about the differences between the two, including the tax implications, expense ratios and trading costs. In there, there’s certainly pros and cons for each, so I also discuss what I recommend for…
Today I talk about some of the hurdles faced by the Financial Independence community. I discuss Health Insurance – arguably the biggest concern faced by early retirees. To plan for this, we can look at different health insurance options and discuss the costs and how those costs would impact your plan. Also, I talk about…
Today I discuss how asset allocation differs for those in the FIRE community. The big takeaways are: you’re planning for a longer time horizon so you may need to be more aggressive with your investments, weighing out the upside of an allocation versus the downside risk, how real estate could play a role in your…
Today, I describe the differences in financial planning for those in the financial independence movement. I did not record this video from heaven, but I did include some prophetic tips! Highlights include the following: A high savings rate could mean you need to consider asset location in addition to allocation. Consider that bonds and bond…