Here's Journal Club 08-05-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!
- By now, everyone has heard of the FIRE movement, but many versions of the movement exist. The Financial Samurai explores the idea of lean fire in the article, What Is Lean FIRE? The Minimalist’s Way To Retire Early. This article reminds you that not everyone’s idea of the dream retirement looks the same. It is a good idea to clearly define your goals and build a retirement that is right for you.
- Many articles have come out that claim the FIRE movement is dead. They also claim that the pandemic killed the idea of early retirement for many, but Lisa Gershner of Kiplinger explores why this is not so in her article, The FIRE Movement Is Alive and Well. This is another good article to sink your teeth into if you are starting goal setting for your retirement.
- A portfolio that includes stocks, bonds, and real estate is considered the foundation of retirement. One of the core principles of the FIRE movement is reducing debt so that you can retire early, but many have between 10-15% of their investments in real estate. An investment that requires a mortgage might seem counterintuitive to the FIRE movement, but John Wilhoit explores how this can be a sound decision in, FIRE Investing and Real Estate Investing Can Work Together.
That's all for this week! I hope this week's journal club was helpful.
Read any interesting articles? We'd love it if you could please take a moment to share them in the comments below!
Thank you for reading and sharing,
Disclaimer: The topic presented in this article is provided as general information and for educational purposes. It is not a substitute for professional advice. Accordingly, before taking action, consult with your team of professionals.