This website is about very early retirement and financial freedom, with a pinch of stoic minimalism and just the right amount of frugality. I started this journey in December 2014. You can join me and see when i will reach my goal. you can learn from my mistakes or give me the tips and tricks. Good luck and good journey.
Saturday, 1 August 2015
Investment posibilities
For today will explore two possibilities belonging to the risk and growth portfolio, as opposed to security portfolio.
First we will talk about Crowdcube.com that is is the world’s leading investment crowdfunding platform. They enable anyone to invest alongside professional investors in start-up, early stage and growth businesses through equity, debt and investment fund options. You can invest from as much as 10 pounds per project. You just look around and if you find something that you like you can invest in it.
Second i found a decent REIC - real estate investment company. It is called Propetymoose.co.uk and seems to have some good options to invest. The minimum amount here is 500 pounds.
I will try to find more idea and expose them here. See you.
Economic principles 101
An interesting little video tutorial for beginners and not only.
I present to you Economic principles 101, by Ray Dalio, all in 30 minutes.
Click here to see the tutorial
Mr Money Moustache
Hello world! Wandering around i found an interesting blog on personal finance. Hundred of articles. I will have one busy day reading it. Just look and wonder. Could be The One blog that will change you life? Try here: http://www.mrmoneymustache.com/2013/02/22/getting-rich-from zero to hero
Good luck with it!
Early retirement extreme
And looking around i found a brilliant guy who did what i still have to do for the next 9 years in just 5. It is a bit technical but you can understand it. I could not see to many website like this one in UK, so i need to adapt all this USA oriented knowledge, but anything is good as long as i improve my odds.
The website is called earlyretirementextreme.com, and the guy did it at the age of 30. Impressive, isn't it?
Financial independence reading list
As i was inspired by Mr. Money Moustache , i am writing my past, present and future reading list for the year 2015. It is a long one, but i hope to inspire you. Let's start!
Investing and finance books:
The intelligent investor - Benjamin Graham
Money - master the game - Tony Robbins
The 100$ startup - Chris Guillebeau
Business adventures - John Brooks
Financial shenanigans - Howard M Schilit
The 4 hour workweek - Tim Ferris
The battle for investment survival - Loeb
The Dhando investor - Pabrai
Contrarian investment - David Dreman
The opposite of spoiled - Ron Liever
Thrive - Ariana Huffington
Splitwille - Jason Zweig
Financial statement analysis - Martin Fridson
The financial number game - Charles Mulford
Zero to one - Peter Thiel
Fastlane millionaire
The richest man in Babylon - George Samuel Clason
The greatest salesman in the world
The only investment guide you'll ever read - Andrew Tobias
Naked economics - Charles J Wheelan
Guide to economics indicators - The economist
The four pillars of investing - William Bernstein
How the economy works - Roger E A Farmer
Scratch beginnings - Adam Shepard
Plenitude - Juliet B Schor
7 laws of money - Mike Philips
Choose yourself guide to wealth - James Altucher
Economics explained - Robert Heilbroner and Lester Thurow
A random walk down Wall Street - Burton Malkiel
The intelligent asset allocator - William J Bernstein
Toward rational exuberance - B Mark Smith
The little book that beat the market - Joel Greenblatt
Early retirement extreme - Jacom Fisker
I will teach you to be rich - Ramit Sethi
Your money or your life - Joe Dominguez
The millionaire next door - Thomas Stanley and William Danko
The automatic millionaire homeowner - David Bach
Rich dad, poor dad - Robert Kiyosaky
Philosophy
Guide to the good life: the ancient art of stoic joy
The magic of thinking big - David J Schwartz
The life you can save - Peter Singer
Against thrift - James Livingston
Choose yourself - James Altucher
Abundance - Peter Diamandis
The gospel of wealth - Andrew Carnegie
How to be successful in life and make friends - Dale Carnegie
Unconventional succes - David K Reynolds
The most important thing - Howard Marks
Life is what you make it - Peter Buffet
Vagabonding - Rolf Potts
We learn nothing - Tim Kreider
The long tail - Chris Anderson
Linchpin - Seth Godin
Quality - John Galsworthy
Macroscope - Piers Anthony
The art of peace - Morihei Ueshiba
Odd John - Olaf Stapledon
Biographies/Autobiographies/Memoirs/etc
The Snowball - Alice Schroeder (Warren Buffet)
Dreams from my father and the audacity of hope - Barack Obama
The power of myth - Joseph Campbell
Applied math/General science
Struck by lighning - Jeffrey Rosenthal
The selfish gene - Richard Dawkins
What technology wants - Kevin Kelly
Nudge -
Is the time for your early retirement now?
Wandering around i found a very interesting calculator that will tell you exactly when you can retire. What do you need to do? Just input your numbers and test different alternatives. Use this link and enjoy the process (If you can. I just find that i need to do a bit of extra work in order to get there when i expect to.). Very useful if you do not have a plan yet.
The link is: www.networthify.com .
(special thanks to MrMoneyMoustache for this)
The link is: www.networthify.com .
(special thanks to MrMoneyMoustache for this)
New posts on blog
Waking up at eleven, eating something light and going to gym. This is a good start. Writing a bit on the blog (in fact i will just move some of my oldest financial posts from my creative blog today). Tweaking my ER plan, writing a bit on my new book. Watching a movie. A walk in the park and a movie with a friend. A cheesecake and a relaxing evening. This is my kind of a day. Only once or twice per week for the moment. But today i got reason to celebrate. I reach 5% on my way to financial independence. I will keep you posted about this. One first step towards my early retirement.
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