Funding the Adventurous Life
Oh boy! Nothing like a good bear market/recession quick-slider combo to stir the simmering pot in the investing world! There’s no need for a long introduction. Let’s dive into the meat: why market timing still doesn’t work.
Continue reading “Market Timing: Why It (Still) Doesn’t Work”
Hey guys, we’re back stateside (coronavirus free?) and I’m here to provide the final installment on our trip to Sicily. We’ve discussed the climbing, the lifestyle, and the food, but perhaps there’s a feeling of dismissiveness because it all seems too outlandishly expensive to go galavanting around in Europe. But is it?
Continue reading “Sicily, Part 3: Two People, Two Weeks, $1300.”
A year ago, in December 2018, I wrote two posts concerning the “imminent” recession: Five Ways to Recession-Proof Your Life and Keeping the “Safe” in Safe Withdrawal Rate. Well, a year has come and gone, and as I write this in December 2019, we are at yet another all-time high in the stock market. America’s longest bull market continues gouging ahead like those fiery beasts in the narrow streets of Pamplona, Spain.
Is this time different?
For those of you out there beginning any sort of retirement (early or not), is your timing perfect or incredibly unfortunate?
How about if you are wondering if now is the best (or worst) time to start investing?
Let’s have a look…
Continue reading “You Know A Recession is Coming, Right?”
This week’s post was written as a guest post for the UK-based Chalkbloc.com. I’ll admit, there’s a bit of controversy here. I love climbing as much as the next guy, but I believe that full pursuit of the sport can leave us a bit unbalanced. Steve Bechtel, in his interview here last week, rightfully points out that no one is really all that balanced. You’ll hear no argument from me, but we might as well try. Financial stability is very simple, but not necessarily easy. Let’s see what it really takes to find the freedom we’ve been longing for.
Continue reading “Full Pursuit of Climbing Isn’t Full Freedom After All”
Steve Bechtel is a Lander, Wyoming-based climber, trainer, author, and business owner. Steve is also a pillar of the Lander outdoors community, a long-time owner of Elemental Performance + Fitness and Climb Strong, a training program specifically tailored to climbers. After following Steve’s work for a number of years, I suspected he might bring his thoughtful approach to climbing and training to other aspects of his life. In this interview, he doesn’t disappoint.
Continue reading “Steve Bechtel: The Importance of Time”
Alright, alright, I get it: not a product review! Gross! Folks, I’m with you. Any website I see that reviews almost anything, I close the page. So when I was offered an advance copy of the brand new book from the creators of the Choose FI podcast and author Chris Mamula (Can I Retire Yet website), I was…well…a little hesitant.
Continue reading “Choose FI Book Review: A Blueprint Indeed”
The stock market is scary. I completely understand; there was once a time when I wouldn’t touch it with a ten foot pole. In fact, according to Ally Invest, 65% of survey respondents are intimidated by investing. It seems like a Wild West proposition, and surely only well-trained professionals are equipped to predict the future success of individual companies. You realize the potential of investing, but you wouldn’t know how to start. It’s probably best to pay a financial advisor for this service, right?
Some say the answer to whether you need a financial advisor is “maybe,” but I’m more strongly in the “no” camp. Here’s why.
Continue reading “Financial Advisor: Who Needs One?”
This week I’m happy to bring you a conversation with Chelsea Murn, a 28-year-old climber, health coach, and dog-mom from Spokane, Washington.
I don’t exactly remember how, but I stumbled on to Chelsea’s profile on social media (Instagram actually). Over the months I’ve noticed that she has a drive to be more than just a typical psyched climber. She’s working to build a career around her passions of nutrition and health. But Chelsea fully recognizes that doing so requires a careful balancing act with a properly paying day job and her own climbing performance objectives. Many of you out there are trying to navigate that balance.
I also couldn’t help but notice Chelsea’s occasional discussions of money online. As we’ll touch on below, Chelsea is living a life familiar to millions of young (and old) Americans, and she’s taking action to gain the upper hand:
Continue reading “Chelsea Murn: Wellness for All”
This is a tough subject, brimming with unspoken taboos. The more I’ve researched, read, and written about personal finance, the more deeply I’ve come to understand a fundamental truth: many people want a certain lifestyle, and they are going to live that life regardless of whether there is money to support it. Do you deserve a life you can’t afford?
Continue reading “Do You Deserve a Life You Can’t Afford?”
Alrighty then, let’s get back down to some brass tacks, shall we? I originally started this website in a heartfelt effort to get folks thinking about their finances. And what was the bait? It was our story of a potential early retirement. So how is our plan coming along?
Continue reading “Early Retirement: Is It the Solution?”