I have a problem and it is Facebook. No, I don't check it 500 times per day. The problem is that the stock is eating my portfolio:On The Hook With Facebook In May of 2012, I bought 1,000 shares of Facebook when it went public at about $41. And then it dropped, so I bought more. And then it continued to drop, so I continued to add to my position. When the dust had settled, I … [Read more...] about How To Pay Zero Capital Gains
Financial Independence
The Problem With FIRE
FIRE stands for Financial Independence/Early Retirement. I love the first part: Financial Independence I hate the second: Early Retirement It took me a while to figure out why, but I understand now. Before I get into that, let's talk about a fundamental problem with the FIRE movement. The Problem With FIRE You're not going to get to a place of financial independence sitting on … [Read more...] about The Problem With FIRE
Six Months of Financial Independence: The Good, The Rad and The Ugly
Ask the Readers takes a break this week. Instead, I'll review my first six months of financial independence.The other night, I had a bizarre nightmare. I was with my co-workers at my old work site, begging to get my job back. I felt terrible for quitting.The nightmare disturbed me so much that I woke up. I eventually went back to sleep, but couldn't stop thinking … [Read more...] about Six Months of Financial Independence: The Good, The Rad and The Ugly
Six Months of Financial Independence in Pictures
My last day of work was 4/13. I've been done now for six months. That went by fast.I have a lot to say about it, but I'll save my words for next week. Today is picture time!I LOVE pictures. Now that phone cameras are so great, I find myself whipping it out (My phone! Get your mind out of the gutter.) constantly. In this post, I'll show you what I've been doing with my … [Read more...] about Six Months of Financial Independence in Pictures