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Financial Independence

Make Your Own Luck: 16 Ways To Win In Finances And Life (10 minute read)As someone who puts their finances out into the world for others to see, there is one massive piece of feedback I always get. I’m just lucky and my tips don’t apply to anyone else. Well, I have a pretty strong belief that you need to make your own luck. Sure some people start off a little better in life than others but if you aren’t putting yourself into a good position to take advantage of opportunities that pop up you can’t be lucky no matter how much luck smacks you in the face.

SPOILER ALERT: The FIRE Movement Won't Make You Happy (5 minute read)Despite the provocative title, I’m actually a big believer in the FIRE movement. Pursuing financial independence and early retirement can help you achieve a happier life. That said, if you start this journey believing that happiness is waiting on the other side of that finish line, you’re likely to be disappointed. The FIRE movement won’t solve your problems or magically make you happy… at least not on it’s own.

The Rent Is Too Damn High: The Affordable Housing Crisis, Explained (10 minute read)The United States is currently in an affordable housing crisis. With 9.9 million Americans spending 50% or more of their income on rent and house prices skyrocketing, it is now significantly harder for the average American to rent than it was 10 years ago. So why does this matter?

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Investing

How the Fed Screwed Up the Housing Market (4 minute read)I’m not a fan of blaming the Fed for everything you don’t like about the markets or the economy. Markets have always been rigged or manipulated. Truly free markets are a pipe dream. You have to invest in the markets as they are, not as you wish them to be. Having said that, the Fed deserves some blame for what’s going on in the housing market. I think the past few years are going to screw things up in housing for a long time.

Stocks struggle, dollar dominant ahead of central bank binge (5 minute read)Shares slipped and the dollar firmed on Monday as investors prepared for a packed week of central bank meetings which will see borrowing costs rise globally, with the chance of a super-sized hike in the United States. Markets are fully priced for a rise in interest rates of 75 basis points from the Federal Reserve, with futures showing a 20% chance of a full percentage point.

What Ethereum's 'Merge’ Means for You, the Market, and the Climate (4 minute read)Ethereum, the world’s second-most valuable digital currency by market capitalization, completed a long-awaited upgrade to its system on September 15. The move, known in the cryptocurrency community as “The Merge”, is expected to slash energy costs and lay the groundwork for more use of crypto technology in mainstream applications, including finance. The upgrade was one of the most eagerly anticipated events in crypto’s history. But the process is complicated. Here’s what to know about it.

The Warnings Were There About FAANG Stocks (6 minute read)The spectacular underperformance of the FAANGs this year came as no surprise to investors familiar with the history of growth stock bubbles. As happened in the lead up to the dot com and Nifty 50 bubbles, P/E ratios increased without any material justification.

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Top FI/RE Reddit Posts

Do I really need an Emergency Fund?

People in their late 20s and early 30s, what are you doing right now to achieve FIRE?

If you retire with a mix of stocks, bonds, and cash, what proportion of withdrawals should come from each asset class?

A trip down memory lane: Reddit Investing threads from 2007-2009

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Best of FI/RE Twitter

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This one is great if you're interested in learning how to value invest.

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Wisdom Of The Week

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