The mental benefits of passive investing
In my last post I laid out step-by-step exactly how I manage and invest my money.
Most of my investment portfolio is in passive, diversified index funds. This means I don't choose any specific stocks myself, I simply invest in the world markets as a whole.
By definition, this means that I won't beat the market.
What?! Isn't the point . . .
A simple and effective approach to building wealth
A couple of years ago I wrote a post about How to Start Investing Today.
Since then, my basic investment philosophy has not changed, but some of my specific recommendations have evolved.
In this post, I reintroduce my investing philosophy and share my updated and specific steps for how I manage my money.
Who is this for?
This post . . .
Jeff Bezos likes to call Amazon a "Day 1 company."
We are all familiar with the feeling of Day 1.
It's that feeling of the incredible first date, starting a new job, the first day of school, the beginning of the playoffs, or launching a new idea or product.
Day 1 is all about movement, momentum, hard work, and . . .
We are studious in high school so we get into a good college.
We study and stress in college so we get a degree.
We use our degree to get a good job.
We work hard at our job so we can make a lot of money.
We make a lot of money so we can retire!
And then ...
It turns out, there is nothing special waiting at the end.
. . .
It's Friday afternoon and I am working remotely in Oregon's high desert.
Standing Desk Life Wherever I Go
I woke up early this morning and hit the road for the three hour drive.
By 10:00 AM I was plugged in at my quiet and peaceful "desk" with a beautiful view.
In an hour or so when I wrap up, I won't be rushing out the . . .