Ask Paula: FIRE vs. FOMO -- How Do You Balance Between These?
Afford Anything
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What Are the Pros and Cons of the One % Rule?
The one % rule, it's directionally pretty good. But i've met people who take it like gospel. And that's not how it should be. It's simply a directional guide post. More more in my wheel house. Same thing paula, with stocks, right? When you do fundamental analysis, when you're looking at free cash flow, the p e ratio,. What are the increasing sales, what are the expenses, thet the debt level of the company, like all these are data points.
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