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Side Hustles That Make Money💰, Retiring In Your 30s🌴, 10 Years of Fake Retirement😴,
FIREwatch Financial Independence Update - 21st July, 2022
Investing Journal
July 21, 2022
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FI/RE
Side Hustles That Still Make Money in 2022, From People Who Do Them Every Day (10 minute read)A side hustle can increase your monthly income significantly with a time commitment of just a few hours a week. It can also support you with extra money when unexpected work circumstances arise.
Why You’ll Probably Never Run Out Of Money (5 minute read)As strange as it may sound, earning financial freedom is a lot easier for certain people than claiming that freedom once they have earned it. And if the following statement rings true to you, you may be suffering from this same hardship: “I think I’m close to having enough money to jump into early retirement, but not quite. So I’m just working one more year and starting one more side hustle and buckling down extra hard to be more certain.”
10 Years Of Fake Retirement Later: The Most Important Takeaways (8 minute read)"In February 2012, I decided to negotiate a severance to break free from corporate life. By mid-June 2012, I had received a severance check and the last of my three months of WARN Act pay. Ten years of fake retirement later, I want to share with you some of my biggest takeaways."
14 Terrible Financial Ideas According to Money Experts (7 minute read)Making the correct money decisions is a hard thing to do in 2022. Financial experts recommend avoiding making these financial decisions. From buying a sports car to simply loaning money to family, make sure you make note of these!
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Market
Global stocks rise as Netflix earnings boost confidence and energy fears cool (5 minute read)Global stocks rose on Wednesday after Netflix posted better-than-expected earnings and global energy fears cooled. Investors were in a more upbeat mood after the S&P 500 shot up almost 3% on Tuesday as earnings season ramped up. Reports said Russia would restart natural gas flows to Europe through the Nord Stream 1 pipeline, easing some worries.
Wall Street closes higher boosted by tech stocks gains on upbeat earnings (5 minute read)Wall Street closes higher boosted by tech stocks gains on upbeat earningsJuly 20 (Reuters) - U.S. stocks ended higher on Wednesday with the tech-heavy Nasdaq booking a 1.6 % gain on positive earnings signals with a wary eye on inflation and more interest rate hikes by the Fed. Netflix Inc's (NFLX.O) shares added 7.4% after the company predicted it would return to customer growth during the third quarter, while posting a smaller-than-expected 1 million drop in subscribers in the second quarter. read more
Asian Stocks Set For Choppy Open Amid Dollar Surge (5 minute read)Asian Stocks Set For Choppy Open Amid Dollar Surge (5 minute read) The stock market snapped back at the end of a dizzying week as traders reduced their wagers on a bigger Federal Reserve hike in July, while parsing a raft of Wall Street earnings and hoping for signs of capitulation that could set the stage for a more sustained recovery.
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Top FI/RE Reddit Posts
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Best of FI/RE Twitter
#1
15 timeless investing principles, visualized:
1: If you want to build wealth, you have to invest
— Brian Feroldi (🧠,📈) (@BrianFeroldi)
Jul 17, 2022
#2
At age 39 I became a millionaire.
If I had to do it over again and become a millionaire by age 30
This is exactly what I would do...
— 𝐓𝐡𝐞 𝐀𝐫𝐭 𝐨𝐟 𝐏𝐮𝐫𝐩𝐨𝐬𝐞 🇺🇸 (@creation247)
Jul 14, 2022
#3
If you're under 25, and
You want to be a multi-millionaire by 30,
This is the exact playbook you can use to do it:
— Clint Murphy (@IAmClintMurphy)
Jul 14, 2022
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Wisdom Of The Week
"It's how you deal with failure that determines how you achieve success" - David Feherty
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