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2min chapter
2764: Why Hardcore Saving is Much More Powerful than Masterful Investing by Mr Money Mustache on Frugality
Optimal Finance Daily - Financial Independence and Money Advice
Intro
This chapter debunks the notion that early retirement demands superior investment skills, focusing on the speaker's experience of retiring at 30 and clarifying that diligent saving, rather than expert investing, was the pivotal factor. Through anecdotes of failed stock selection and transition to index funds, the importance of frugality and consistent saving practices is highlighted.
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