Diamond Hands: Saving, Investing, Financial Independence

Thank you Norbert. Join me on March 30th with "Episode 13: 5 Figure Hell". Peace! Helpful Links: Norbert's Gambit [https://www.moneysense.ca/magazine-archive/norberts-gambit-a-better-way-to-buy-u-s-dollars/] Many thanks to the following: Moon Theme - DuckTales- L'Orchestre de Jeux Vidéo [https://www.youtube.com/watch?v=1LOUtALSDqw]

All about 529 Plans: Prepaid College and Education Savings Plans. Join me on March 23rd with "Episode 12: Norbert's Gambit". Peace! Helpful Links: SEC 529 Plan info [https://www.sec.gov/reportspubs/investor-publications/investorpubsintro529htm.html] Illinois Prepaid College Fund [https://www.morningstar.com/articles/814612/for-most-college-savers-prepaid-529-plans-dont-make-the-grade] Many thanks to the following: Moon Theme - DuckTales- L'Orchestre de Jeux Vidéo [https://www.youtube.com/watch?v=1LOUtALSDqw]

EPISODE 10! I'm finally out of single digit hell! This episode might look like financial advice, but I assure you it is not. It's simply a summary of this highly informative reddit post: Money Steps [https://www.reddit.com/r/PersonalFinanceCanada/wiki/money-steps] by u/Xeon06 [https://www.reddit.com/user/Xeon06/] There is also this awesome flowchart [https://i.imgur.com/zlGnuDO.png]created by u/atlasvoid [https://www.reddit.com/user/atlasvoid/] THE SEVEN STEPS STEP 0: BUDGET, REDUCE EXPENSES STEP 1: EMERGENCY FUND STEP 2: EMPLOYER MATCHED RETIREMENT FUNDS STEP 3: PAY DOWN HIGH-INTEREST DEBT STEP 4: SAVE FOR REQUIRED LARGE PURCHASE OR PERSONAL INVESTMENT STEP 5: SAVE FOR RETIREMENT STEP 6: PAY DOWN LOW-INTEREST DEBT STEP 7: SAVE FOR OTHER GOALS Contact me at brainlet.fi@gmail.com with any questions, suggestions, or other fun chit-chat. Join me on March 16th with "Episode 11: Investing for your Child's Education". Peace! Many thanks to the following: Moon Theme - DuckTales- L'Orchestre de Jeux Vidéo [https://www.youtube.com/watch?v=1LOUtALSDqw]

Lol, last time I wrote "Stocks go up" in the show notes the market tanked the week after.. Maybe this will give us a green week.. STOCKS GO DOWN Join me on March 9nd with "Episode 10: Seven Steps to Financial Success". Peace! Many thanks to the following: Moon Theme - DuckTales- L'Orchestre de Jeux Vidéo [https://www.youtube.com/watch?v=1LOUtALSDqw] You can contact me at brainlet.fi@gmail.com.

What happens when trillions of dollars are suddenly introduced into the economy? Stocks go up. Join me on March 2nd with "Episode 9: Goldie's Positions". Peace! Relevant Links: Michael Burry's Tweet [https://twitter.com/michaeljburry/status/1363226460979228673] Quantitative Easing [https://www.investopedia.com/terms/q/quantitative-easing.asp] Monetary Policy [https://www.investopedia.com/terms/m/monetarypolicy.asp] Fiat [dummies.com/personal-finance/investing/how-the-fiat-system-works/#:~:text=A%20fiat%20system%20is%20based%20on%20a%20government’s,and%20credit%20of%20the%20government%20that%20issues%20it.] Zimbabwe Hyperinflation [https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe] Negative Interest Rates in Sweden [https://www.ft.com/content/478fe908-5168-11ea-8841-482eed0038b1] Many thanks to the following: Moon Theme - DuckTales- L'Orchestre de Jeux Vidéo [https://www.youtube.com/watch?v=1LOUtALSDqw] You can contact me at brainlet.fi@gmail.com.