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-update
Example 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-2021-2
Subscribe to the newsletter:
https://www.firepodcast.ie/newsletter
Talking Pensions with Ralph Benson from Moneycube
Pay off debt or invest... how about both!
Financial Independence with Guy Davis
The Financial Independence Trap
Talking Financial Independence with Alvar Damen
Legal tax deducations when you own a company
Is financial independence a journey or a destination?
Welcome to the information age
Ways to increase your income - part 3
Ways to increase your income - part 2
Ways to increase your income - part 1
Financial Indepdence with Vince Doherty
Let the good times roll
Introduction into financial freedom
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast