Make no mistake: Investing in an initial public offering (IPO) is inherently risky and there are lots of reasons to avoid recently public companies. In fact, in most cases, the only people who get rich from an IPO are private equity investors and the company's founders. Retail investors almost never get in at the IPO price, particularly if there is strong demand for a stock. Read More...
MarketWatch
This man became financially independent at 36 and says the key to happiness is ‘owning your own time’
The 39-year-old landlord, who was born and raised in Toronto, Canada, reached $1 million Canadian dollars, or approximately US$791,000, in 2019, though he felt he had reached financial independence even sooner. Chad found the FIRE Movement, made it to $1 million CAD before 40, and became a firefighter and sheepherder along the way. The former network administrator and his partner, Catherine, who is a Ph.D. student and research coordinator, save between 50% and 80% of their income every year and live off of $27,000 in annual expenses.
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