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Identity Diversification May Be As Important As Investment Diversification The world of finance often focuses on the age-old concept of diversification. Diversification across different asset classes, industries, or geographies helps to mitigate risk and achieve long-term financial goals. However, a new approach is gaining traction: identity diversification. This strategy focuses on minimizing an individual’s risk…
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The Difficulty Of Donating Money When You’re Unemployed Or FIRE Introduction The global economic landscape has taken a hit with the ongoing economic crisis. Millions of people have lost their jobs or are struggling to make ends meet. With the rising cost of living and inflation, the need to help those in need has become…
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Purposefully Leaving A Rental Property Empty As A Luxury Move In the contemporary rental landscape, practicality often takes a backseat to aesthetics. Landlords and property managers often prioritize tenants over potential buyers, with vacant units remaining empty to maximize rental income. However, some homeowners are taking a different approach, consciously leaving their properties vacant for…
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Being Truly FIRE Is Terrible For Entrepreneurship, But That’s OK As a seasoned entrepreneur, I’ve witnessed countless startups rise and fall, and one constant truth remains: being truly FIRE (Financial Independence, Retirement, and Everything) is not the path for everyone. Many entrepreneurs, fueled by the allure of financial freedom, chase the FIRE dream. However, as…