Risk Adjusted Financial Independence. Nothing Is Guaranteed Including Government Bonds.

No return is risk free. We know that many will say treasuries, are risk free but we’d argue that even those instruments have risk (government reliance, just ask Venezuela). Secondly, we don’t view any instrument including treasury bills as risk free because who knows what will happen to the *long-term* tax rate. If someone reaches […]

Happiness is Utilitarianism – Our Stoic Framework

In economic theory we learn that every single one of us is trying to maximize our “Utility”. Utility is defined in various ways however, the underlying concept for utility is that we as humans do whatever it takes to maximize our utility. This could be in the form of happiness gained from having more money, […]