A crucial skill as one works towards financial independence is identifying and avoiding speculative bubbles. Spotting bubbles is not as easy as one might imagine, but here are a couple of indicators I have noticed over the years: Massive hype around an emerging technology that is reshaping society. Yes, the changes wrought by such a […]
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An emergency fund is generally three to six months’ worth of living expenses. An emergency fund is just common sense and not structuring your life so that you are a whisker away from disaster. If you haven’t created an emergency savings account, here is the order we suggest you take as you get started: Scaling […]
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Where are you on The Investing Learning Curve? Many of us have a deep desire to accomplish some specific task in life. Become a writer, bloom as an entrepreneur, create amazing art, build our own home, achieve financial freedom. But we become discouraged too early and easily because we make a fundamental mistake. We confuse […]
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When you start down the path towards financial independence, there will come a moment when you realize the importance of each and every dollar flowing through your life. Those money flows form the foundation of your emergency fund and financial buffer. Especially if you read Your Money or Your Life, your perspective on saving money […]
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Sometimes on vacation you just want to chill. You don’t need a beer. You’ve already had your coffee. You just want to read a book or newspaper and soak up the atmosphere. Here’s a suggestion you might not have thought of: Hang Out At The Library You get a real flair for the place sometimes […]
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Mighty Investor doesn’t advocate a mad scramble to escape “work.” In particular, we don’t urge abandoning your job unless that is what you are called to do. We think work is noble, enriching, and a profound part of life
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So, tell me, what’s your theme? Your focus? The arc or pattern that drives your professional life and ensures career progression? This is a key question, and one that is not always easy to answer. I don’t mean what is your job. A specific job can shift and change, but if you have a theme, […]
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Mighty Investor strives for all of us to enjoy prosperity and abundance in our lives–including lots of nice stuff. However, a word of caution. When we are unduly focused on demonstrating massive material abundance
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We’ve said it before, and we say it again here: you are now streaking like an arrow towards Financial Independence. How does that feel? Real? Exaggerated? Inevitable? This image of an arrow in flight is Mighty Investor’s
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Are you elite? It’s an interesting question that provokes all sorts of reactions when you ask someone this question. Especially for Americans, there is almost a taboo to say you are a member of the elite.
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