Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat." - Sun Tzu, The Art of War
Find your own Strategy or revise other's Strategy to fit into your emotion, your values, your risks level, your time frame, your commitment to your family, your size of investing capital, your size of contingency fund, and lastly do you have an Angel to hold you if you ever fall.
If you have $50K capital, it is not wise to revise the Strategy of someone who has $1M bucks. Wearing a size 12 shoe will be loose no matter how you stuff cotton into the shoe to fit your size 7 feet.
So what are your tactics to implement those Strategy?
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
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