You may have watched the recent CNA video about this South Korean investor who used leverage to achieve his Financial Freedom Retire Early (FIRE) goal but ended up with a 6-figure USD100k loss when the market tanked. Here's the video:https://www.youtube.com/watch?v=JvsuUf-N6Eo This is a summary of the video if you do not have time to watch … Continue reading Why I Think The Investor Losing 100k Using Leverage Is Not As Bad As It Seems
The pursuit of early retirement—popularly known as the FIRE movement (Financial Independence, Retire Early)—has captured the imaginations of workers globally. But in high-cost-of-living nations like South Korea, standard savings strategies often feel entirely inadequate. For young professionals watching wages stagnate while asset and living costs soar, traditional bank savings accounts can feel like running on … Continue reading The High-Stakes Bet for Early Retirement: Lessons from a South Korean Retail Investor Using Leverage
When we talk about financial independence, we spend almost all our time obsessing over the mechanics: asset allocation, withdrawal rates, and Monte Carlo simulations. But hitting your numbers is only half the battle. The human side of early retirement—how you handle your time, health, and relationships—is where the real challenge lies. In a reflective piece … Continue reading 8 Hard-Won Retirement Lessons from a 57-Year-Old Retiree to His 40-Year-Old Self
Retiring early is often associated with high-paying tech jobs, lucrative stock portfolios, or multi-million-dollar windfalls. However, Singaporean Colin took a completely different approach. He didn’t retire early because he became rich; he retired at 35 because he lost his job and was completely prepared for his paycheck to disappear. 1. The Fear of Sudden Retrenchment … Continue reading How This Singaporean Retired at 35 Without Getting Rich
