I promise that this won’t turn into a COVID blog, but I just have a little more to say…
FIRE is more relevant than ever right now. The economy is shut down, but significant savings allow you to ride out the storm. Mindy and I don’t have to worry about losing our home or going hungry. Our biggest challenge is home-schooling a combative and resistant 10-year-old. Hardly anything to complain about.
Our net worth is way down and there will be further pain. Real estate is the majority of our portfolio and most of these holdings will return nothing for the rest of 2020 and perhaps longer:
But even this setback won’t change our plans. It will be painful, but my routine (COVID changes aside) will stay the same and I won’t have to go back to work.
I know some people who have been sick, but all mild cases. I don’t know anyone who has lost their job. We’re all doing OK. But, I also know that I live in a bubble.
Some of you are struggling; physically, emotionally, financially. All of the above?
If you’re in a good position, try to help out those who aren’t. I’ve bought groceries for a sick family and gift cards from local businesses. I’ve also made it a point to check in with at least a couple of people every day. Just a simple “How are you?” can go a long way. It feels good to be able to help.
So, how are you?
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*Only if your life is pretty bad to begin with.