The acronym and the traders
If you have ever thought of early retirement, you could be part of the Fire movement. Fire stands for “financial independence retire early.”
All through their working yrs, Fire traders invest as much of their cash flow as doable in hopes of attaining money independence at a youthful age and preserving it for the extended term—a.k.a. retirement. Their objective is to are living off their investments so they are totally free to take pleasure in an impartial way of life devoid of needing cash flow from a standard job.
Not all Fire traders have the similar strategy to money independence. They don’t necessarily do the job 70 hours a 7 days, are living in a very small dwelling, and consume ramen noodles every meal. The Fire movement has a numerous adhering to, and just about every trader has their possess “rules” for pursuing money