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Stress Test: Reflections on Financial Crises by Timothy F.You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt.The Big Secret for the Small Investor: A New Route to Long-Term Investment Success by Joel Greenblatt.The Little Book That Still Beats the Market by Joel Greenblatt.The Smartest Investment Book You’ll Ever Read: The Proven Way to Beat the “Pros” and Take Control of Your Financial Future by Daniel R.Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin, Joe Dominguez, and Monique Tilford.The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by J.L.Getting Started in Carpentry - Tools of the Trade.A DIY Case Study: Building a Fancypants Detached Studio.Kevin Kelly: AI, Virtual Reality, and The Inevitable.Will MacAskill on Effective Altruism, Y Combinator, and Artificial Intelligence.Better, Faster, Stronger: Silicon Valley’s Self-Help Guru by Rebecca Mead, The New Yorker (my own equally imperfect profile in the same magazine).The Life-Style Guru of Frugality (Pete’s point-by-point rebuttal to the above New Yorker profile).Money Mustache’s Retirement (Sort of) Plan. The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss.Less Is More: An Anthology of Ancient & Modern Voices Raised in Praise of Simplicity by Goldian VandenBroeck.Bird by Bird: Some Instructions on Writing and Life by Anne Lamott.Tribe: On Homecoming and Belonging by Sebastian Junger.Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future by Ashlee Vance.
Happy City: Transforming Our Lives Through Urban Design by Charles Montgomery. How to Carry Major Appliances on Your Bike. Stumbling on Happiness by Daniel Gilbert. Great News - Early Retirement Doesn’t Mean You’ll Stop Working. The Shockingly Simple Math Behind Early Retirement. The Rideau Canal Skateway and BeaverTails in Ottawa. QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments. Or, as I would, you can set it and forget it. If you want to just take their advice and do it yourself, you can. Why? Because you can get services previously limited to the ultra-wealthy and only pay pennies on the dollar for them, and it’s all through smarter software instead of retail locations and bloated sales teams.Ĭheck out /tim, take their risk assessment quiz, which only takes 2-5 minutes, and they’ll show you - for free - exactly the portfolio they’d put you in. In fact, some of my good investor friends in Silicon Valley have millions of their own money in Wealthfront. It has exploded in popularity in the last two years and now has more than $5 billion under management. Wealthfront is a massively disruptive (in a good way) set-it-and-forget-it investing service, led by technologists from places like Apple and world-famous investors. This podcast is also brought to you by Wealthfront. It even comes with a 30-day, hassle-free return policy if you decide it’s not your style. Models start at just $175 check out to see which one might be the right fit for you. It comes fully assembled - just take it out of the box, put it on your desktop, and go. My assistant and I have been enjoying the use of Varidesk, the middle ground that effortlessly converts your standard desk to a standing desk (and back again) in seconds. But standing all day isn’t an option for everyone, either. You’ve probably heard of research concluding that sitting all day is terrible for you (“sitting is the new smoking” is a phrase I hear a lot). This podcast is brought to you by Varidesk. This episode explores his story, philosophies, and routines. It has become a worldwide cult phenomenon, with a self-organizing community and incredible news coverage. Money Mustache blog about his philosophy, which has grown to reach about 23 million different people (and 300 million page views) since its founding. Since 2005, all three of them have explored a free-form life of interesting projects, side-businesses, and adventures. Their average annual expenses total a mere $25-27,000, and they do not feel in want of anything. This begs the question of “How?” In essence, they accomplished this early retirement by optimizing all aspects of their lifestyle for maximal fun at minimal expense, and by using basic index-fund investing. Pete, his wife, and their now eleven-year-old son live near Boulder, Colorado, and have not had real jobs since 2005.
He graduated with a degree in computer engineering in the 1990s and worked in various tech companies before retiring at age 30. Money Mustache ( - Pete Adeney in real life) grew up in Canada in a family of mostly eccentric musicians.
“You’re not supposed to optimize for money you’re supposed to optimize for happiness.”