As I've delved deeper into the FIRE community, I've noticed two distinct trains of thought around how your portfolio should be structured. Colloquially distinguished as either the 'Bogle' strategy, named after Vanguard founder and former CEO, John Bogle, or the 'Thornhill' strategy, after Motivated Money's Peter Thornhill. Both men have seen great success in their … Continue reading A Note on Strategy
In The Beginning. . . All stories have to start somewhere, and for us it isn't in a very good financial position. At the time of writing, our combined net worth is -$35,804.59, which includes: Liability Amount Car Loan $ 18,857.95 Debt Consolidation $ 18,576.74 Interest Free Cards $ 16,369.90 Total Debt $ 53,804.59 … Continue reading Where are we now?
Background My desire to achieve financial independence developed at a young age. Growing up, we had enough to get by, but my parents sacrificed a lot just to put food on the table. I remember thinking how I could grow wealthy and never have to want for anything later in life. I decided the path … Continue reading The Journey Begins