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FI/RE

2 Cheap ETFs to Buy for Financial Freedom (6 minute read)You should start investing as early as possible. It is the time in the market that helps you generate wealth. You can’t grow wealthy by saving in bank deposits. As a first-time investor, choosing an individual stock can be challenging. You can start by making monthly investments in ETFs . Here are two ETFs to support your journey to financial freedom: BMO Equal Weight Banks Index ETF (TSX:ZEB) and iShares S&P/TSX Capped Information Technology Index ETF (TSX:XIT).

Tips for Generating Sizable Sums in Passive Income (7 minute read)These days, it seems like everyone could use more monthly income. Stagnant wages and the rising cost of living are a guaranteed recipe for financial strain, and many people are finding it increasingly hard to cope with the expenditures with just one source of income. This article breaks down three sources of income; Rental Properties, E-Books and Creating Videos.

A Great Retirement Planner Tool: NewRetirement Updates and Features (9 minute read)"What is the one thing you can do today to ensure better financial decision making, habits, and outcomes? You can build and maintain a holistic financial plan. And one way to do that step-by-step is using the NewRetirement Planner. Their powerful tool enables you to track all of your accounts (savings, stocks, real estate investments, crypto, and more) in one place"

11 entrepreneurs on how to make time for your side hustle (8 minute read)Whether the pandemic afforded you more time to focus on a long-time passion, or helped you discover a new interest that sparked a business idea, having a side project seems more popular than ever. Entrepreneurs who have done it offer their tips on how they manage their time and stay motivated, including: Sticking to a schedule, Outsourcing when possible, Keeping a separate space for your side-hustle and many more!

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Should You Buy an S&P 500 Index Fund or Individual Stocks Right Now? (4 minute read)Investing in the stock market is one of the easiest and most effective ways to build long-term wealth, but choosing the right investments is critical. The Motley Fool breaks down how to decide whether S&P 500 index funds or individual stocks are a better fit for your portfolio, whether you prefer a hands off "set it and forget it" portfolio, or you want full control over your portfolio and the stocks within it.

Dow surges as inflation finally cools off (7 minute read)A key inflation report showed inflation has finally begun to cool off, following a year of runaway prices. Prices were unchanged in July but jumped 8.5% between July 2021 and July 2022, but inflation remains hot — and it’s not going to just go away with the wave of a wand. The Fed is still expected to raise rates sharply in September to keep prices under control.

Price hikes took a breather in July, fueling hopes that inflation has peaked (5 minute read)Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics reported Wednesday. On a month-to-month basis, inflation in July was 0%, compared to the 1.3% increase in June. Prices began rising sharply in early 2021, with the rate of inflation almost doubling over the past year.

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Top FI/RE Reddit Posts

How do you "break" the lifestyle creep each time you move into new tier of income?

Well past my "number", but can't get over the logical hurdle of quitting my easy, well-paid job

11.5 Years post FIRE half year update

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Best of FI/RE Twitter

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Wisdom Of The Week

“Financial freedom is freedom from fear.” - Robert Kiyosaki

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