Description
In this episode, Michael discusses one of the hidden secrets of the FIRE movement - the element of luck, or chance! Luck (both good and bad) plays a huge role in one's ability to hit FIRE and is often underrated. Michael gives examples of those in the FIRE community that have experienced good luck on their journey, as well as giving examples of his own good luck from the last 5 years.Show Notes:March blog update:https://www.firepodcast.ie/march-2023-portfolio-updateExample of typical Market Watch article with an early retiree who was nothing but lucky(in this case, they borrowed significant money from his in-laws)https://www.businessinsider.com/real-estate-investing-passive-income-teacher-retires-early-2021-2Subscribe to the newsletter:https://www.firepodcast.ie/newsletter
In this episode, Michael celebrates episode 100 of The Irish FIRE Podcast by looking back over the last 7 years of his FIRE journey, and giving his reflections on a year by year basis since he started his journey in 2018.Michael is now only a few months away from hitting FI, and Michael shares...
Published 11/14/24
In this episode, Michael dives into the Playing with FIRE documentary and explores the balance between achieving financial independence and living a fulfilling life in the present. He discusses the Rieckens' journey, the challenges they face, and whether the sacrifices they make are truly aligned...
Published 10/15/24