Musings on financial independence, investing, FIRE and life

by Brendon @ Money FI
Category: Financial Education

What if we were to start investing right as the stock market starts to crash and enter a bear market?

In this post we run the numbers to find out exactly how our investments would perform if we were unlucky enough to start at the worst possible time.

Is it better to invest a larger amount of money into the stock market in one go or to split it into smaller investments over a period of time.

This post runs the numbers over 26 years worth of stock market activity to determine the optimal investment strategy between lump sum and dollar cost averaging.

What's more impactful on your financial future between lowering expenses or receiving a financial windfall?

Most people with bad money habits and a mountain of debt live in constant hope of receiving a financial windfall to solve all their problems. But what if there was another option to secure your financial future that you could start doing right away?

Lowering your cost of living might not sound sexy, but take a look at these numbers and you might be surprised at how they can change your future.

When investing for retirement or financial independence, it's tempting to get caught up in stock picking. We all want to get the best returns possible on our money and find that hidden stock that's destined to increase one hundred fold.

But is picking winning stocks the only way to ensure a comfortable retirement?

Insurance is a grudge purchase which we tend to set and forget. We push it to the back of our mind, diligently pay our premiums and hope that we didn't miss any fine print if we ever need to claim one day.

As our lifestyle changes, it's important to review our insurance so that we aren't under or over insured. As much as we all hate paying those premiums, it's a harder pill to swallow finding out when we claim that we're not as well covered as we thought.

Lifestyle creep is what keeps high income earners living pay check to pay check, unable to step out of the rat race and always feeling like they never have enough money.

Instead of buying freedom, impressive salaries often increase a feeling of being trapped and always wanting more.

If you're new to the financial independence movement, you're likely to hear a lot of terminology thrown around. In this post I give a quick explanation of some of the commonly used jargon you're likely to come across.