Video není dostupné.
Omlouváme se.
Is the FIRE Movement Over?
Vložit
- čas přidán 14. 08. 2024
- Is the fire movement finished?
During intense pressure, it is easy to feel like we will be broken, but it is the fires of adversity that refines us. The same is true for the FI movement. We will see some incredible innovation and forward thinking born from these times within our movement. In this episode Brad, Jonathan, and MK do a thought experiment on the talent stack that would create a successful individual.
Get Rob Phelan's book the Simple Startup at www.thesimples...
www.choosefi.c...
Enjoy the video? Consider subscribing to our channel, it really helps us out! And it’ll make sure you never miss another video ;)
SUBSCRIBE: bit.ly/2Vdo6K8
WATCH NEXT
► Popular Videos: bit.ly/3bjaTWY
FAVORITE VIDEOS ON CHOOSEFI TV:
The Financial Resilience Toolkit:
►Earn $600 on Cashback: bit.ly/2VoKJM4
Save On Existing Loans
►Slash Your Student Loan APR: bit.ly/34ARIWj
►Refinance Your Mortgage: bit.ly/2yemLee
►Consolidate Your Debt: bit.ly/2wBBnnE
Save on Living Expenses
►Lower Your Cell Phone Bill: bit.ly/2yeX8tO
►Save on Home Insurance: bit.ly/3b73nib
►Save on Auto Insurance: bit.ly/3ceo4c0
Save & Invest
►Open a High Yield Account with CIT: bit.ly/3a1MbZW
►Dollar Cost Average with M1 Finance: bit.ly/34wtAUP
►Open an HSA Account: bit.ly/2RA3ScG
Financial Emergency Prep
►Open an Emergency Fund: bit.ly/3a1MbZW
►Get Your Documents Ready For Emergencies:
►Get More for Less on Term Life Insurance: bit.ly/2XxFJHv
Free Financial Learning Center
►Financial Resilience Digital Download: bit.ly/2RxUMNK
►Financial Independence Made Simple Digital Download: bit.ly/2Xy9Tuk
►Financial Independence 101 Course: bit.ly/2V5mMKt
►Downloadable Resource for Accidental Homeschoolers: bit.ly/3baCVEm
►K-12 Financial Literacy Curriculum for Educators: bit.ly/2yeogJo
►Free FI Audiobook trial with Audiobook.com: bit.ly/3bbSJXi
More resources:
►Our Podcast: bit.ly/2K37hN0
►Financial Resilience Daily Show: bit.ly/34xvvIw
►Blog: bit.ly/2RyC1te
About us:
Everything we do, we do to help you slash your expenses, crush debt, and build ways to earn a living remotely by starting online businesses. Then we help you invest in the safest way we know how, despite the ups and downs of the stock market.
Every video is packed with content and actionable tips, and we get you from how to wow in 3 minutes. That's right - give us 3 minutes, and you'll get the step-by-step inside scoop on how to make and save more money, then make that new money go to work for you.
We take the hits, so you don't have to, because ultimately, we want you to become financially resilient during these trying times, and get you started on the path towards Financial Independence.
CONNECT:
►OUR WEBSITE: choosefi.com
►BUSINESS EMAIL: feedback@choosefi.com
JOIN THE COMMUNITY:
►FACEBOOK: bit.ly/3eh42PP
FOLLOW US:
►FACEBOOK: bit.ly/2XxEcRR
►TWITTER: bit.ly/2XznOQU
►INSTAGRAM: bit.ly/3a7mt68
►PINTEREST: bit.ly/3enOQAK
Not over at all!
This is proof that FI is necessary.
I was juuuust working on my outline for a video about this same topic. The FIRE movement is alive and well!!!👏🏻💪🏻🔥🔥🔥
Well the fire movement is over, because there is no yeast and flour left in the store, so I have to start buying bread again 😂 jokes aside, we started a year ago on the intentional FI part and I was never more at ease financially. The market downturn is something everyone already warned us about Thankfully my husbands hours weren't cut off but even if they were we could live on 60% of his salary (which equals unemployement benefits for the first 6 months here in Germany). We did not book any cruises or holidays, don't miss Restaurants or cinem, we only miss meeting with friends and family and hope the World will recover soon health wise.
It will. Do you FI channels of women? Can you recommend?
@@mirnafernandes7482 the only one I know of and follow is Quest to Fire. She is pretty cool and independent
No it's not over and I feel like I personally needed it more than ever. Thank you guys for keep everyone aware of many possibilities.
It's pretty hilarious that people try to diminish the value of the FIRE movement. How can you get mad at wanting to be financially free?! I like how you guys said it takes minimal effort to start a business at times and this could be a perfect opportunity to hone in on those skills. I sure am at trying to jump start my CZcams channel!
Amén brother!
I am extremely fortunate that FIRE is my goal. Over the last couple of years I have gotten my expenses SO low that when this COVID-19 pandemic came around it wasn't that devastating for me. Sure my portfolio is way down, but it will bounce back! I am buying index funds cheaper now.
@@TonyCook7 That's the spirit Tony!
Fire isn't over, I'm on the road to doing it right now!
@ChooseFI, your best daily episode since “the COVID” descended. On your stride again.
all i can see is opportunity...opportunity and opportunity to grow in skills, build character and resiliency (which is dependent on the how one will respond to trials), mind set and pespective, this is not just all about money ...this is a wholistic way to grow in every aspect. This will also give us sometime to look back and to correct some minor mistakes to polish future plans..
We are still on the right tract...being a good steward of all the blessings that God has given us...for it is written: God has given us the abilities to produce wealth...and wealth is not only based on finances but wealth is dependent on what we value in life...
not over, but is surely being tested!!! can people handle their portfolio being down 30-40% psychologically..
Along those lines - it seemed almost like a badge of honor to day "I'm 100% stocks" and the bond mixture people were looked down on... Wonder if that will change
it's definitely time horizon- I wouldn't go into drawdown 100% stocks - and Im happily 100% stocks now
Answer: No
There, saved you 29:30 to go spend earning more to put more into your retirement accounts. : )
Now is the time to turn people on to the FI movement. They can look at those living this lifestyle and see they aren't worried.
Great content as always guys!
FIRE will emerge even stronger! #keepthefaith
Naval’s tweet storm is epic and his condensed podcast is one of my favorites.
If it wasn’t for my preparation I would be doomed! I am so glad for my learning about fire when o did!
I wanna know where ya'll live where you can get a job in just 60days!! Up here in Canada it's 6mo to a year minimum unless you wanna do minimum wage coffee shop job!
you gotta interview Nate O'Brien : czcams.com/users/NateOBrienvideos
My unfounded assessment: M$M coverage of “is this the end?” Re: early FI must be viewed in the context of who advertises on that M$M outlet? The answer may be those financial services/custodian firms who would benefit if more people worked longer and plunged more of their pre-tax earnings into captive traditional accounts. AUM. It’s not a totally orthogonal equation, but early FI playas are much more in tune with fee sensitive investment vehicles than are career-depraved employee slaves who trust (or don’t care to invest the time to learn) that traditional plan custodians have fiduciary duty. (Such custodians don’t, of course, but would never willingly disclose that.)
Really glad I read the book "The Millionaire Next Door" about a decade ago...
+1 @Brad | ChooseFI for board/war gaming Skillz Fo Life.
😀
Absolutely not!
start of new bull run ! so no ! make america great again !