Compounding anything is like a wonder of the world right?
So this free tool shows financial independence seekers what it’ll generally take for them to quit their day job.
It’s an easy and over simplification of things but gives you a good idea.
Better to use a certified financial planner for some more sophisticated things.
Capital Gains tax in US is 0%, 15%, 20% for most people
In here there are detailed tables of how they apply to each person and each tax year
There are some tax exceptions that this article highlights
Some strategies include rebalancing to name just one. There are more tax advice strategies to help the average FIRE investor.
Chang Xu and Mark Suster explore this trend
Seems like Deals less than $5 million dollars have dried up a bit)
One reason is that IPOs of late have funnel monies there rather than on the lower end
Money is chasing quality companies now rather than perhaps companies that are not “best-in-class”
We made it on a Wikimedia page. That’s what FIRE is all about anyway. Early FIRE, Rich FIRE, we all want to make it and we all do it in our own way. We have 9-5s, we have inheritances, we have side hustles. Never forget your goals which is not about the pursuit of money, but the pursuit of whatever you want once you achieve your FIRE number. Keep tight and let’s do it together.
10 Downsides Of Budgeting And Ways To Fix Them.