Is 100% Index Funds Your Investment of Choice?

For the most part, we are index funds. We are more risky at this point because we are younger and we can afford to take a little bit more risk. Most of us cannot pick and choose stocks well consistently. There's no way I would do that. That's not what I enjoy doing.

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Steve Adcock retired at age 35 and currently lives off the grid in the desert. Prior to retiring early and achieving financial independence, he worked 14 years in the information technology field. Learn all about early retirement and more.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:28 - How Steve retired at 35 after living a somewhat luxurious lifestyle in his 20’s.

22:01 - How much Steve and his wife had saved prior to making the leap to early retirement.

33:44 - The pros and the cons of early retirement.

41:36 - What Steve’s thoughts are on the follow your passion versus earn more money debate.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Morgan Housel’s book The Psychology of Money.
Robert Kiyosaki’s book Rich Dad Poor Dad.
Thomas Stanley and William Danko’s book The Millionaire Next Door.
JL Collin’s book The Simple Path to Wealth.
Related Episode: Listen to MI041: The Simple Path To Wealth w/ JL Collins, or watch the video.
Related Episode: Listen to MI120: Bitcoin and Financial Independence w/ Jim Crider, or watch the video.

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SPONSORS

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Connect with Steve: Twitter | Instagram

Connect with Clay: Twitter

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