Only use debt to grow future earnings

TL;DR: Debt should only be used to make investments that will pay off in the future. Used wisely, debt can create the leverage you need to accelerate your career, life, and investments. Used poorly, and it can become an unbearable burden with the potential to blow up your future self. Bad debt decisions are made … Continue reading Only use debt to grow future earnings

Poor Man’s Market Assessment – Aug 2018

It's really hard to predict or time the market. That said, we can do a decent job of describing the environment we find ourselves in today, and that alone can be quite instructive as to what stance we should take in the markets. To describe the current environment, I update my Poor Man's Guide to … Continue reading Poor Man’s Market Assessment – Aug 2018

The biggest financial mistake you can make is pursuing a career you hate

TL;DR: Many people obsessed with the early retirement part of FIRE are driven by a desire to quit a job they hate. They feel that if they can just tough it out in a painful job long enough, eventually they can quit and be free. While this is true, it's probably not the best path … Continue reading The biggest financial mistake you can make is pursuing a career you hate