The Voluntary Life: September 2014

25 September 2014

174 Fail-Safe Investing Part 2

This is part 2 of my review of Harry Browne's book Fail-Safe Investing. It contains a discussion of the rest of Harry Browne's rules for financial safety:
Rule #11: Create a bulletproof portfolio for protection.
Rule #12: Speculate only with money you can afford to lose.
Rule #13: Keep some assets outside the country in which you live.
Rule #14: Use tax reduction accounts.
Rule #15: Enjoy yourself with a budget for pleasure.
Rule #16: When in doubt, err on the side of safety.

Show Notes:
Listen to Episode 174

19 September 2014

173 Fail-Safe Investing Part 1

This episode is the first in a two part review of my favourite investment book, Fail-Safe Investing by Harry Browne. In this episode I discuss the background to this investing approach and provide an overview of Harry's top 10 rules of financial safety:

Rule #1: Your career provides your wealth.
Rule #2: Don't assume you can replace your wealth.
Rule #3: Recognize the difference between investing and speculating.
Rule #4: No one can predict the future.
Rule #5: No one can move you in and out of investments consistently with precise and profitable timing.
Rule #6: No trading system will work as well in the future as it did in the past.
Rule #7: Don't use leverage.
Rule #8: Don't let anyone make your decisions.
Rule #9: Don't ever do anything you don't understand.
Rule #10: Don't depend on any one investment, institution, or person for your safety

Show Notes:

14 September 2014

172 Personal Finances Vs Other Personal Development Goals

There are many aspects of life that you can work to improve, in order to create the life you want. In this episode, I make the case for prioritising your personal finances, before focussing on other personal development goals.

Listen to Episode 172 

4 September 2014

171 From Million Dollar House To Tiny Home: Interview With Jacki Rigoni

This episode is an interview with Jacki Rigoni, who blogs at Post-Consumer Life.  Jacki and her husband realised that their million dollar house was really just a million dollars of mortgage debt which they would have to work like crazy to pay off until the age of 75. So they decided to sell the house, get rid of the debt, buy a plot of land, build their own tiny home, and live off-grid. Listen to the episode to hear Jacki describe her inspiring story.

Listen to Episode 171