The Burrito Bowl Diaries Philosophy on Money and Investing

For today’s article I’ll attempt to explain our investing philosophy- where we do it, how we do it, and why it doesn’t have to be this big scary thing.

If you’re in the financial independence community you’ve almost certainly peaked your head into the mysterious world of investing. If you’re not in the FI community, investing might still be this big scary thing. The point of this article- and kind of this blog in general- is to defog the whole saving and investing situation while trying to convince people it’s worth doing.

I think our overall money philosophy can be summed up to this:

Live below your means, avoid debt, invest as much as you can, and enjoy the journey. But, since you’re here anyway, I’ll dive a little deeper.
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Oh, Man! The Stock Market is Going Down. Wait, Yeah it’s Going Down

The stock market is in free fall, the housing market is slowing down, and Dana White is threatening to make a welterweight title fight at UFC 235 with or without Tyron Woodley, despite Tyron being the four-time defending champ who defended the belt in September.  Madness.  Yes sir and/or ma’am, it looks like the world is ending.

In the grand scheme of things the stock market isn’t in free fall but has merely stepped off a small curb. That kind of level-headed approach won’t move any papers, so free-fall it is.  How are we all feeling about the stock market’s recent decline?  I feel great.  At one point we had personally lost at least $50,000 from December 3rd-December 24th.  Wait.  Son of a… Continue reading “Oh, Man! The Stock Market is Going Down. Wait, Yeah it’s Going Down”