1896: Fear Will Hold You Prisoner; a Diversified Portfolio Will Set You Free by FIRECracker of Millennial Revolution
Optimal Finance Daily - Financial Independence and Money Advice
00:00
What Was I So Afraid Of?
The 60 forty portfolio throws off four % each year to cover our living expenses. As a result, we went to southeast asia and found out we could live like royalty for less thant five thousand dollars a year. And you know what else? During this time, since we were able to mostly live off the dividends and let the capital value appreciate, our portfolio actually grew. In the year since we officially left home, our net worth went up 20 ven thousand dollars. So if you're afraid of making a positive change in your life, remember that while fear is a useful reminder to be careful and cautious, if you properly manage your risks, you have nothing to be afraid of.
Play episode from 04:56
Transcript
