Financial Utopia Without Financial Advisers
In one version of Financial Utopia, financial advice is a public good. Advice is free. And it works. No one
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Personal Finance
Putting Out a FIRE Part II: The Happiness Problem
We have already seen how FIRE is mathematically flawed. The “4% Rule” and other such heuristics used to build up
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Putting Out a FIRE Part I: The Numbers Don’t Add Up
Noah doesn’t enjoy life. Not at the moment, anyway. And he doesn’t anticipate much enjoyment in any of the next
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Pensions: How We Got Here and Where We’re Going
Pensions used to be easy. One would work for the same company for 40 years and collect payments from a
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What’s the Point of Investing?
Why do we do the things we do? What’s the point? What’s the purpose? There are many ways to go
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Non-Financial Factors
We’ve talked a lot about stuff that happens inside your portfolio. But what about stuff that happens outside of it?
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The Best Way to Approach Personal Finance
There are fundamentally two ways to approach personal finance: bottom-up or top-down. Implementing a top-down approach means placing an emphasis
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What Are Retail Investors Buying?
In finance, there’s a lot of noise. This stock is up, that stock is down, this asset is crashing, that
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Investing Is Hard but That Can’t Stop You
The last 50 years or so has seen a consistent increase in the volume and quality of options available to
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Is It More Important to Save or Grow?
Everyone is obsessed with return. We’ve all seen the compounding charts that show your bank balance magically growing exponentially due
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