myFIcapsule

This is my final episode of the show, but as mentioned before you can find me on the Everyday FI Podcast once a month, including the newest episode that released on 12/16/24.

In this episode I mention a pile of resources and books that helped me on the way!

Resource List of Books & Podcasts Below!

FI Podcasts:

Everyday FI

Choose FI

Bigger Pockets Money

Sound Investing

Afford Anything

Retire Often

The Mad Fientist

Life. Money. You.

FI Related Books:

The Simple Path to Wealth - JL Collins

Set for Life - Scott Trench

We're Talking Millions - Paul Merriman

The Richest Man in Babylon -Clason

Rich Dad Poor Dad - Robert Kiyosaki

Rich Dad's Cash Flow Quadrant - Robert Kiyosaki

Pathfinders - JL Colins

Business Books:

The Compound Effect - Darren Hardy

Mindset - Carol Dwek

Extreme Ownership - Jocko Wilink & Leif Babin

You Can't Teach a Kid to Ride a Bike at a Seminar - Sandler

Blogs:

https://jlcollinsnh.com/

https://www.mrmoneymustache.com/

In my second to last episode on this platform I'm sharing the things I love & Hate about FI and our FI Story, as well as the Pace to FI.

Last but not least, a link below to the Everyday-FI site, and show where you can find me about once a month chatting money subjects with Megan Combs!

Apple Podcasts: https://podcasts.apple.com/us/podcast/everydayfi/id1747124228

Spotify: https://open.spotify.com/show/0FihxuhxKG9j4xBChlsLtj?si=AyZMBmLYTQ60OIBxM_ybVA

Website: https://everyday-fi.com/

This week I have an announcement after the intro... then I'm sharing a bit about debt, January Goals, planning your future and this fascinating sad date known as "Blue Monday".

Have you ever sat down and really thought about how much is enough? Today I'm sharing a story that helped me better articulate just how much is enough, and finding the balance between living a life you love, without over spending to buy more stuff that may be lacking in "return on joy".

Today I'm sharing 10 quotes that shaped and impacted me. All but one of them are well over a few years old, and thus have stood my test of time and hopefully can give you some motivation, drive, or a different way of thinking about something in your life that you might need some fresh inspiration.

This week I'm chatting with my friend Casey, who has a dilemma on her hands. Her and her husband have debated their options, next steps, and best plans for their duplex they hold and self-manage as long term landlords.

We chat about how they acquired it, their tenant history, and some of the ins and outs of being a landlord for long term tenants since its not all fun and games.

This week Mitch talks with Calvin, an old friend, roommate, comrade, co-worker, and someone that has accelerated in his career path up to and including buying, growing, and selling out of a small business.

We chat about his career success, the power of having the ability to sell, and taking chances on starting up and / or buying a business with a partner.

Every 4 or 5 episodes I provide some updated thoughts after listening back to the trailing episodes, and give a little update on some current events in our life and journey.

Follow myficapsule on Instagram, Facebook, X and email me at [email protected] if you have any comments or feedback.

In this episode we talk with Bjorn Larson, a money coach from the Life. Money. You. Program (information below).

Bjorn and I have known each other since middle school, and we spent some time talking about how he used his degree that he thought would force him into financial planning in the traditional sense and instead found the perfect path for him to utilize his skills, compassion, and coaching mindset.

Bjorn recognized he didn't want to work the hours that he saw his bosses work, and instead pivoted into a different career choice that has served him and a community very well.

ChooseFI Episode W/Devon:

https://www.choosefi.com/visualizing-your-domino-effect-devon-ep-504/

Podcast:

https://www.lifemoneyyou.com/Better-Money-Moves/Podcast

Contact form for Life. Money. You.

https://www.lifemoneyyou.com/Contact-LMY

In this episode Mitch breaks down the wholesale portfolio change he recently made. This episode breaks down the why, how, and what changes were made moving from a single index fund portfolio to a more diversified portfolio of multiple asset classes all nested inside of cost efficient index fund ETFs.

In the episode I promised multiple show note links, and here they are:

Paul Merriman:

https://www.paulmerriman.com/portfolios-2023-updates#gsc.tab=0

Paul's Chart Referenced in my Episode:

https://irp.cdn-website.com/6b78c197/files/uploaded/(A1a)-UBH%20Tables%20(50-50)%20-%202023%20Returns.pdf

Paul's Ultimate Buy and Hold Podcast (And several subsequent episodes are VERY relevant):

https://podcasters.spotify.com/pod/show/sound-investing/episodes/The-Ultimate-Buy-and-Hold-Portfolio-2024-Update-e2gcb56

Paula Pant - Afford Anything Episodes:

https://affordanything.com/547-ask-paula-we-have-2-million-at-40-now-what/

https://affordanything.com/545-retire-at-30-the-math-behind-making-work-optional/