075R | Mainstream Adoption

075R | “Personal finance is becoming financial independence.” Financial independence doesn’t necessarily mean retiring early; it means allocating your resources in the way you see fit.

This is just a taste of what we discuss in this recap from Monday's interview with Brian Feroldi from The Motley Fool.

• Jonathan talks about blowing his budget on breakfast at the cold bar in Wegman’s, while Brad thinks that grocery shopping at Wegman’s is the same cost as Walmart.
• Brad talks about meeting strangers who also in the FI community.
• Brad and Jonathan wonder if financial independence is on the edge of mainstream adoption?
• “Personal finance is becoming financial independence.”
• Financial independence doesn’t necessarily mean retiring early; it means allocating your resources in the way you see fit.
• Review of Monday’s episode with Brian Feroldi, about individual stock investment.
• Do Brad and Jonathan own individual stocks?
• What are the challenges to getting started with individual stocks?
• Are individual stocks better as a hobby?
• What are the strengths of the way Brian described investing in individual stocks?
• A comment from Ray, in the ChooseFI community, that individual stocks requires too much individual management.
• Cody wonders whether the current bull market might be playing in favor of individual investors, without having yet felt the consequence of the inherent risk?
• How does Jackie, another ChooseFI community member, evaluate investment opportunities, and how did she get comfortable making investment decisions?
• Tim reiterates the value of the Motley Fool, and the recommendations they make.
• Frank, another community member, is concerned about a new investor’s learning curve: the time and money it takes to learn enough about individual investing to find success.
• Is it possible to recognize large-scale Enron-type fraud by looking at investment research?
• If you hold stocks from companies in similar fields, would it be better to simply hold a sector index stock?
• Mr. 1500, Karl, worries about long-term investing with individual stocks.
• Knowing when to sell individual stocks is an almost impossible task.
• How are Brad and Brian getting their children started with investing?
• How much did the ChooseFI community respond to the Treehouse scholarship proposal?  
• How can ChooseFI potentially connect students to mentors?

 

For more information, visit the show notes at http://ChooseFI.com/075R