Risk Parity Radio Episode 276: What "They" Don't Want You To Know About The FIRE Movement, A Case Study And Portfolio Reviews As Of July 14, 2023
11 snips
Jul 16, 2023 AI Snips
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Episode notes
FIRE's Recurring Nature
- The FIRE movement isn't new; it's a recurring theme throughout history with modern iterations.
- Each generation rediscovers and reinterprets the pursuit of financial independence and early retirement.
Understanding FIRE Through History
- Understand any movement by studying its history and origins.
- Frank Vasquez suggests reading "Early Retirement Extreme" by Jacob Lundfisker.
Modern FIRE Pitfalls
- Modern FIRE has pitfalls like dogma and unhealthy competition.
- Focusing on extreme saving or low withdrawal rates can be detrimental, according to Frank Vasquez.