FILIGHTER Podcast with Lambo

A quick episode to celebrate a Friday 5 years ago, on yet a Friday!!

Lambo returns with first episode in 2023 We reflect on the past year and discuss Priorities, Goals, Communication, and types of FI (Financial Independence)  Coast FI, Lean FI, FI, and Fat FI   Disclaimer: The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. Episode Recorded Tuesday, November 14th, 2023 FI-light-ER WEBSITE and BLOG: www.filighter.com Facebook Group Email: lambothefilighter@gmail.com Remember our FILIGHTER Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music (Available on iTunes or Spotify): Another Day – MJ Torrance

Episode 16 Sean Mullaney – FI TAX GUY – SOLO 401(k): The Solopreneur's Retirement Account Episode 16 Show Notes--> Book Link on Amazon  SOLO 401(k) The Solopreneur's Retirement Account FIRE Tax Strategies for Beginners: https://fitaxguy.com/top-four-tax-moves-for-financial-independence-beginners/ QBI Deduction for Beginners: https://fitaxguy.com/section-199a-for-beginners/ Sean's Twitter: @seanmoneyandtax Sean's Website: FITaxGuy.com Sean's YouTube Channel: Sean Mullaney - YouTube Other Mention: CampFI Southwest October 7-10, 2022 Disclaimer: The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. FI-light-ER WEBSITE and BLOG:www.filighter.com Facebook Group Email:lambothefilighter@gmail.com Remember our FILIGHTER Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music (Available on iTunes or Spotify): Another Day – MJ Torrance  

The FILIGHTER Podcast EPISODE 15 – Jordan Grumet MD Interview Show Notes --> Taking Stock A Hospice Doctor's Advice on Financial Independence, Building Wealth, and Living a Regret-Free Life   – Jordan Grumet MD Preorder the Book:  Taking Stock Book (Available August 2, 2022)  Jordan's Website: https://jordangrumet.com/ Jordan's Podcast: Earn and Invest Podcast Financial Freedom by Grant Sabatier Your Money or Your Life by Vicki Robin Bronnie Ware – The Top Five Regrets of the Dying Jessica Lynn – The Fioneers Heidy Dusek – Ordinary Sherpa The Whitecoat Investor – Dr. Jim Dahle Stacking Benjamins Podcast – Joe Saul-Sehy FI-light-ER WEBSITE and BLOG:www.filighter.com Facebook Group Email:lambothefilighter@gmail.com Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music (Available on iTunes or Spotify): Another Day – MJ Torrance

FILIGHTER Episode 14 – I-Bonds SHOW NOTES Lets learn about I-Bonds from the US Treasury that are currently yielding 9.62% in May 2022 Treasury Direct Website May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov) *Gotta hold them at least 12 months *Three month penalty if held less than 5 years *Rates are set 2 times per year and hold for 6 months (Base Rate, currently Zero, and Inflation Rate, currently 9.62%) *Must purchase from TreasuryDirect.gov FILIGHTER WEBSITE and BLOG: www.filighter.com Facebook Group Email:lambothefilighter@gmail.com Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music (Available on iTunes or Spotify) : Another Day – MJ Torrance   FILIGHTER PODCAST LINKS: FILIGHTER on APPLE FILIGHTER on STITCHER FILIGHTER on SPOTIFY FILIGHTER on GOOGLE What is a Series I Savings Bond? A savings bond that earns interest based on combining a fixed rate and an inflation rate for up to 30 years. Twice a Year Rates are set and there are TWO Rate Components to a Series I Savings Bond: Fixed Rate Inflation Rate The Composite interest rate combines these two separate rates: A fixed rate of return, which remains the same throughout the life of the I bond. A variable semiannual inflation rate based on changes in the Consumer Price Index for all Urban Consumers (CPI-U). The Bureau of the Fiscal Service announces the rates each May and November. The semiannual inflation rate announced in May is the change between the CPI-U figures from the preceding September and March; the inflation rate announced in November is the change between the CPI-U figures from the preceding March and September. Because it combines two rates, the interest rate on an I bond sometimes is called the composite rate or the overall rate. 0.0% + 3.54% May 2021 0.0% + 7.12% Last November 2021 0.0% + 9.62% May of 2022 While the inflation rate can be negative, the composite rate floor is set to never be less than zero.  The only two periods since 1998 that negative rates for inflation were used took place in 2009 and 2015. Using our 20/20 hindsight vision, Say between May 2000 and October 2000 you were buying an I-Bond, your two combination rates would be a FIXED RATE of 3.6% plus an Inflation Rate of 3.89% for a combined rate of 7.49% at the time.  ROLL THE CLOCK FORWARD TO TODAY, and that base rate bond of 3.6% and the new 9.62% Inflation Rate would take you to 13.39% composite rate for your bond. How would you like more than 13% rates on a US Government backed savings bond? Just FYI the last time you could have bought a bond with a fixed rate above zero, was November 2019 through April of 2020.  During that 6-month period, the fixed rate was zero point two percent. 0.2% or 20 basis points in financial rate lingo.  A basis point is 1/100th of one percent. May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov)   If you purchase a bond during the 6-month window your bond will receive the current rate for 6 months then interest at the end of the period will be compounded to your balance semi-annually and invested at the then new rate for the next 6 months. If you bought a bond today, May 24th, 2022, your bond would reset rates every May 1st and November 1st If you bought on 4th of July, your rates would reset each July 1st and January 1st There are some opportunities to either report income earned annually, or all at the time the bond is cashed out. There are some key points to know before buying a Series I Savings Bond: 1) You must hold it for at least a year. 2) If you cash out in less than 5 years, you forfeit the last 3 months interest. 3) When the bond is 30 years old, or at maturity, the bond no longer earns interest. Sounds great right?  So want to buy some?  Easy does it wrangler…. How do you buy a Series I Savings Bond, or I Bonds for short…. Go to Treasurydirect.gov and research the I-Bond (There are other types of bonds, notes, and bills but we are going to limit our scope today to I-Bonds) Create an Account Your account when set up will be linked to a bank account that transactions will utilize. When you purchase a bond, the funds will be drafted from the account, when you redeem or cash out of a bond, the funds will be deposited into your account. Once your account is created, you have several options to purchase I bonds: LIMITS – There is a $10,000 limit per person per calendar year. The only way to buy more than $10,000 is to utilize an IRS Refund to purchase a paper bond up to an additional $5000. This may be the ONLY good reason to overpay your federal income taxes. When you file your tax return include IRS FORM 8888 and purchase as little as $50 or as much as $5000 in multiples of $50 increments. MIMIMUMS, $25 on Electronic and $50 on Paper – remember paper can only be purchased with a Federal Tax Refund Lump Sum Purchase, Log in and decide on an amount and buy it all at once. This is the method I used and frankly it was probably the simplest, one and done for the year. Payroll Savings Plan Like direct deposit in your checking or savings account, you can purchase I-Bonds directly by payroll deposit. There are more instructions on the Treasury Direct site if you are an individual or employer and want to better understand the set up.  If I still had W-2 Income, this may be a great way to automate the purchases.  The other nice though on the back side when selling each of these bonds will mature at a different time and can be used to meet expenses later, say when funding a child's education or your own retirement expenses. Schedule Purchases Recurring options: Weekly, Biweekly, every other week Monthly, Bi-monthly, every other month Quarterly, Semi-annually, every 6 months and Annually Schedule your own dates Birthday every year Monthly except June and November when Property Taxes are due (in Texas) and funds are needed elsewhere Basically, you can automate and utilize the site to buy whenever you want. OWNERSHIP – before you purchase a bond you will need to decide if the ownership will be either: Sole Owner Primary Owner Beneficiary In our case, I set up my I-Bonds as myself as First Named Registrant and my wife as Second-Named registrant Payable on Death You will need a Tax ID number for each owner listed, in my case that is my Social Security Number Other Options: GIFTS – you can set up a gift box and purchase bonds for someone else. Say your children, grandchildren, or anyone else.  They will need to set up a Treasury Direct Account and provide the number to you for your transfer of the bonds from your gift box into their account. The rate is set at the time you buy the bond for the gift, so if you want to lock in the 9.62% current rate, be sure to buy the gift bond before the end of October 2022. At the time the gift bond is transferred it counts against the recipients limit for the calendar year. It may be a good idea to let a recipient know you intend to purchase an I-bond and be sure they have not already used up their max $10,000 for the year. Some vloggers on you-tube get creative with the ways this can be manipulated. For instance, they buy bonds for their spouse as a gift to lock in rates but don't transfer it out of their gift box until the following year.  Kind of like the gift box is LIMBO and those don't count against the giver or receiver limits until they are transferred.  I AM NOT SUGGESTING anyone game the system, just that it is best to clearly understand the rules and complications and when you play with fire you might get burned if you don't dot all the “I”s and cross all the “T's”. How do you know if these are something that fit into your portfolio? Does your Strategic Asset Allocation include a Fixed Income Component? Most asset allocations include components for EQUITIES, FIXED INCOME, and CASH If a portion of your allocation goal is FIXED INCOME, consider if I-Bonds make sense as a portion of your target allocation. Do your diversification goals within Fixed Income include Inflation protected components? For instance, if you hold the Vanguard BND ETF there is not specific inflation indexed bonds withing the portfolio, but if you hold VTIP Vanguard Short-Term Inflation Protected Securities Index Fund ETF shares, you already have exposure to inflation protected financial instruments. If you routinely Rebalance your portfolio, these bonds may not be sellable (Less than 12 months, or less than 5 years (3-month penalty) so consider these as a longer term component of your allocation and perhaps sell a bond mutual fund or ETF to accomplish the goals of rebalancing by Asset Allocation. I have been interested in I-bonds since the coverage started in May 2021 when the rate was 3.54%.  When the rate went to 7.12% we made our first purchases in November 2021.  Then again on the first of January, we purchased additional bonds.  The November purchases reset to 9.62% this month, May 2022 and the January purchases will reset in July to 9.62%.  Many bloggers published content as to whether you should buy at the old rate before the reset to push out the tail on higher rates as inflation declines.  It makes little difference to me, and I like to employ my Half Right Half Wrong philosophy, if you think it makes a difference buy half before and half after.  You will be “right” if there is such a thing on half of your purchase and can you really be “WRONG” for buying at 9.62%?  You will get 6 months of each rate once you buy as long as you hold the bonds up until 30 year maturity. What are other factors to consider in your purchase decision? You will have to set up ANOTHER account You will need to let your financial advisor know you have holdings in a treasury direct account for purposes of any allocation or rebalance planning. If you are very risk averse, the fact that the US Government stands behind these bonds will help you rest easy at night. When you are in a drawdown stage, these will have to be sold separately from your other asset or investment accounts. Liquidity, if you need your money back over the short term (less than a year) they are not for you, or at least the portion you need on the short term. It may make sense to buy and hold for 18 months and then liquidate, you will receive the interest and some compounding but give up the last 3 months interest.  Look into I-Bonds, they could be a good fit, or not!  Hopefully this is now a topic that is no longer something you didn't know you didn't know.

STACKED: Your Super Serious Guide to Modern Money Management Interview with Author Joe Saul-Sehy SHOW NOTES Links In order of mention on this FI-light-ER Episode 13: BOOK TOUR Dates Stacking Benjamins Emily Guy Birken Co-Author Paula Pant Rob Berger J. D. Roth Jeff Rose Jim Wang Adam Baker Ramit Sethi Liz Weston Joshua Dorkin Brandon Turner Morgan Housel J. L. Collins Vicki Robin Ric Edelman James Clear Blog Post 8.0 with “I Will Teach You To Be Rich” Ramit Sethi reference Len Penzo Mat & Board Podcast “The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.”  - Michelangelo WEBSITE and BLOG:www.filighter.com Facebook Group Email:lambothefilighter@gmail.com   Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music (Available on iTunes or Spotify) : Another Day – MJ Torrance   FILIGHTER PODCAST LINKS: FILIGHTER on APPLE FILIGHTER on STITCHER FILIGHTER on SPOTIFY FILIGHTER on GOOGLE

Live from FINCON21 in Austin Texas USA (Interview recorded 9.24.2021, Update recorded 2.10.2022) LifeGoal Investments Link: LifeGoal Investments Email:lambothefilighter@gmail.com FILIGHTER WEBSITE and BLOG: www.filighter.com Facebook Group Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music: Another Day – MJ Torrance

FI-light-ER Episode 11 Show Notes: Kat from PA the FI Way interview on the Filighter Podcast Website: http://pathefiway.com  Instagram: @pathefiway   https://www.instagram.com/pathefiway/ Private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway  Facebook page: https://www.facebook.com/pathefiway Specific Links mentioned in this FILIGHTER Episode: S&P 500 Historical Annual Returns | MacroTrends Dow Jones By Year - Historical Annual Returns | MacroTrends Post 6.0 –> Four ways the COVID-19 Market Drop and Recovery Made You a Better Investor – FIlightER.com Post 3.0 –> We are in it together, …The Market (and Covid-19) – FIlightER.com 2.0 The Not So Simple Path to Wealth … – FIlightER.com BOOKS Mentioned: JL Collins “Simple Path to Wealth”  www.jlcollinsnh.com Email:lambothefilighter@gmail.com FILIGHTER WEBSITE and BLOG: www.filighter.com Facebook Group Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music: Another Day – MJ Torrance

FI-light-ER Episode 10 Show Notes: Segment 1: Red X Segment 2: Take Action Segment 3: Community Segment 4: Honor your Commitment Specific Links mentioned in this FILIGHTER Episode: S&P 500 Historical Annual Returns | MacroTrends NASDAQ By Year - Historical Annual Returns | MacroTrends Dow Jones By Year - Historical Annual Returns | MacroTrends Post 6.0 –> Four ways the COVID-19 Market Drop and Recovery Made You a Better Investor – FIlightER.com Post 3.0 –> We are in it together, …The Market (and Covid-19) – FIlightER.com 2.0 The Not So Simple Path to Wealth … – FIlightER.com Mat and Board Podcast Theme Music: Another Day – MJ Torrance BOOKS Mentioned: JL Collins “Simple Path to Wealth”  www.jlcollinsnh.com Email: lambothefilighter@gmail.com FILIGHTER PODCAST LINKS: FILIGHTER on APPLE https://podcasts.apple.com/us/podcast/filighter-podcast/id1533365446 FILIGHTER on STITCHER https://www.stitcher.com/search?q=FILIGHTER FILIGHTER on SPOTIFY https://open.spotify.com/show/6CFi5v1fTAv7IJ2yqrdJlc FILIGHTER on GOOGLE https://podcasts.google.com/feed/aHR0cHM6Ly9maWxpZ2h0ZXIubGlic3luLmNvbS9yc3M?sa=X&ved=2ahUKEwi1vteAuvbsAhWPY80KHfZhDRIQ9sEGegQIARAC WEBSITE and BLOG: www.filighter.com Facebook Group Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.

FI-light-ER Episode 9 Show Notes: Segment 1: Changing with the Times Segment 2: Embracing Change Segment 3: Surprise Content BOOKS Mentioned: JL Collins “Simple Path to Wealth”  www.jlcollinsnh.com Email: lambothefilighter@gmail.com FILIGHTER PODCAST LINKS: FILIGHTER on APPLE https://podcasts.apple.com/us/podcast/filighter-podcast/id1533365446 FILIGHTER on STITCHER https://www.stitcher.com/search?q=FILIGHTER FILIGHTER on SPOTIFY https://open.spotify.com/show/6CFi5v1fTAv7IJ2yqrdJlc FILIGHTER on GOOGLE https://podcasts.google.com/feed/aHR0cHM6Ly9maWxpZ2h0ZXIubGlic3luLmNvbS9yc3M?sa=X&ved=2ahUKEwi1vteAuvbsAhWPY80KHfZhDRIQ9sEGegQIARAC WEBSITE and BLOG: www.filighter.com   Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a certified professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.  

1) Spending Analysis 2) Net Worth 3) Current Year Forecast 4) Annual Plan 5) Mid Term Plan 6) Life Plan 7) Social Security SHOW NOTE LINKS: Post 4.0 from the Filighter.com blog Social Security – When was the last time you downloaded your social security earnings and estimated benefit statement?  Go to https://www.ssa.gov/ Dave Ramsey's, “The Total Money Makeover” WEBSITE and BLOG: www.filighter.com Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the Filighter Filighter website  www.filighter.com Filighter podcast https://podcasts.apple.com/us/podcast/filighter/id1533365446 Filighter Blog https://filighter.com/home/blog/ Facebook Page https://www.facebook.com/FIlightER Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a certified professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.

FI-light-ER Episode 7 Show Notes: Post 10.0 from the Filighter.com blog: Post 10.0 –> Three Lies You Tell Yourself about Your Finances – FIlightER.com Post 8.0 from the Filighter.com blog: Post 8.0 –> Just Do IT! Take Action to Build your Investment Confidence…Its AUTOMATIC! – FIlightER.com The Ordinary Sherpa podcast link: https://podcasts.apple.com/us/podcast/ordinary-sherpa-family-adventure-coaching-and-design/id1539255067 FILIGHTER PODCAST LINKS: FILIGHTER on APPLE https://podcasts.apple.com/us/podcast/filighter-podcast/id1533365446 FILIGHTER on STITCHER https://www.stitcher.com/search?q=FILIGHTER FILIGHTER on SPOTIFY https://open.spotify.com/show/6CFi5v1fTAv7IJ2yqrdJlc FILIGHTER on GOOGLE https://podcasts.google.com/feed/aHR0cHM6Ly9maWxpZ2h0ZXIubGlic3luLmNvbS9yc3M?sa=X&ved=2ahUKEwi1vteAuvbsAhWPY80KHfZhDRIQ9sEGegQIARAC WEBSITE and BLOG: https://filighter.com/ Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a certified professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments.

Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the Filighter Filighter website  www.filighter.com Filighter podcast https://podcasts.apple.com/us/podcast/filighter/id1533365446 Filighter Blog https://filighter.com/home/blog/ Facebook Page https://www.facebook.com/FIlightER EPISODE SHOW NOTES: For more from the Ordinary Sherpa, here are Heidi's details : The Ordinary Sherpa podcast link:https://podcasts.apple.com/us/podcast/ordinary-sherpa-family-adventure-coaching-and-design/id1539255067 Website:https://ordinarysherpa.com/ Instagram:https://www.instagram.com/ordinarysherpa/ Facebook Group: https://www.facebook.com/groups/ordinarysherpa email: Heidi@ordinarysherpa.com 

Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the Filighter Filighter website  www.filighter.com Filighter podcast https://podcasts.apple.com/us/podcast/filighter/id1533365446 Filighter Blog https://filighter.com/home/blog/ Facebook Page https://www.facebook.com/FIlightER ============================ Show notes: Episode 5: AARP Article by Linda Stern The 5 Best Financial Resolutions for 2021 (aarp.org) Tversky and Kahneman originally described “Prospect Theory” in 1979: Prospect theory - Wikipedia Federal Reserve Stress Test post financial crisis: Lessons from the Crisis Stress Tests - Federal Reserve Board JL Collins “Simple Path to Wealth”  www.jlcollinsnh.com

Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the Filighter Show Notes: Episode 4 Theology of Work 10th Commandment “You Shall Not Covet … Anything That Belongs to Your Neighbor” (Exodus 20:17; Deuteronomy 5:21) | Bible Commentary | Theology of Work Filighter website  www.filighter.com Filighter podcast https://podcasts.apple.com/us/podcast/filighter/id1533365446 Filighter Blog https://filighter.com/home/blog/ Facebook Page https://www.facebook.com/FIlightER

Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the Filighter Filighter website  www.filighter.com Filighter Blog https://filighter.com/home/blog/ Facebook Page https://www.facebook.com/FIlightER ============================ Show Notes, Ep 3 Filighter.com Website Posts Mentioned: Post 4.0 –> Covid-19 Personal Finance Silver Linings…and Homework Assignments (Seven steps on your path to FI) https://filighter.com/post-4-0-covid-19-personal-finance-silver-liningsand-homework-assignments-seven-steps-on-your-path-to-fi/ BOOKS Mentioned: JL Collins “Simple Path to Wealth”  www.jlcollinsnh.com filighter.com

Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the FI-light-ER Filighter website  www.filighter.com Filighter podcast https://podcasts.apple.com/us/podcast/filighter/id1533365446 Filighter Blog https://filighter.com/home/blog/ Facebook Page https://www.facebook.com/FIlightER ============================ LINKS mentioned in Episode 2 - Market Timing and Opportunity Cost BLOG Posts in order mentioned: FILIGHTER Post 5.0 The million-dollar impact of car purchases on your path to FI https://filighter.com/post-5-0-mind-the-gap-discover-the-secret-turbocharger-to-your-early-retirement/ FILIGHTER Post 7.0 Asset Allocation and Diversification https://filighter.com/post-7-0-two-portfolio-considerations-for-today-and-always/ FILIGHTER Post 6.0 Stick to your Investment Strategy and Market Timing is a losing game https://filighter.com/post-6-0-four-ways-the-covid-19-market-drop-and-recovery-made-you-a-better-investor/ BOOKS Mentioned: JL Collins “Simple Path to Wealth”  www.jlcollinsnh.com Vicki Robin and Joe Dominguez “Your Money or Your Life”  https://vickirobin.com/books/your-money-or-your-life/

Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become  a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the Filighter Let's Clear Your Path to Financial Independence! filighter.com Episode 1 FILIGHTER Podcast Show Notes: Lambo the FI-light-ER Filighter website  www.filighter.com Filighter Blog https://filighter.com/home/blog/ Facebook Page https://www.facebook.com/FIlightER ============================ Mr. Money Mustache aka Peter Adeney www.mrmoneymustache.com and 4% rule: www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ Dave Ramsey Total Money Makeover: https://www.daveramsey.com/store/product/the-total-money-makeover-book-by-dave-ramsey “The Millionaire Mind” by Thomas J. Stanley, Ph.D. (also an author of “The Millionaire Next Door”) https://www.amazon.com/Millionaire-Mind-Thomas-J-Stanley/dp/0740718584 “Stop Acting Rich: …And Start Living Like A Real Millionaire” also by Stanley https://read.amazon.com/kp/embed?asin=B002OJIBN8&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_gnJNFbTMQ4QZ6 ESI Money  www.esimoney.com with three easy steps, Earn Save and Invest The Financial Samurai www.financialsamurai.com founded by Sam Dogen Michael Kitces www.kitces.com where he writes the Nerd's Eye View blog Afford Anything www.affordanything.com created by Paula Pant Stacking Benjamins www.stackingbenjamins.com Choose FI www.choosefi.com The Mad FIentist www.madfientist.com created by Brandon Bigger Pockets www.biggerpockets.com/moneyshow JL Collins “Simple Path to Wealth”  www.jlcollinsnh.com    

Join the FILIGHTER Community as we explore Millennial Boomer relationships and pass the best lessons down to the Next Gen FI  Get mid-life traction on Financial Independence and make Early Retirement a real possibility We pledge to bring our community actionable content and become  a catalyst for your pursuit of Financial Independence!  Hosted by blogger Lambo the Filighter filighter.com