The hottest Personal Finance Substack posts right now

And their main takeaways
Category
Top Finance Topics

The Adani Group vs Hindenburg Research[Finance Fridays]

Technology Made Simple • 39 implied HN points • 04 Feb 23
💰 Finance Investing Market Analysis Social media influence Personal Finance
  1. Tech finance is currently volatile with companies facing investigations, layoffs, policy changes, and financial struggles.
  2. Hindenburg Research published a critical report on Adani Group, accusing them of a massive fraud scheme, sparking a heated discussion.
  3. The situation highlights the importance of critical analysis, especially on social media, and serves as a reminder to stay vigilant about personal finances and job security.
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'Brink of Catastrophe' As Federal Interest Payments Reach $750 Billion

QTR’s Fringe Finance • 27 implied HN points • 14 Feb 24
💰 Finance Economics Government Investing Personal Finance Gold
  1. The Federal interest payments reaching $750 billion are a significant concern and a sign of a fiscal danger zone.
  2. Peter Schiff emphasizes the immediate threat of the national debt crisis, warning that the problem is not in the distant future but happening right now.
  3. It's crucial to shift the mindset from fixating on ideal dollar exit points to viewing gold as a form of genuine wealth preservation regardless of the dollar value.

Sobriety as an Inflation Hedge

Anxiety Addiction & Ascension • 59 implied HN points • 11 Jul 22
🏥 Health & Wellness Sobriety Personal Finance Self-Improvement Budgeting
  1. Inflation is deliberate and will worsen, impacting people's finances through mass money printing and asset devaluation. Consider alternatives like self-managed retirement funds.
  2. Being sober can be an effective way to save money and act as an inflation hedge. Alcohol can be a costly luxury, and cutting back can lead to substantial savings.
  3. Sobriety not only helps save money but also strengthens the body, mind, and spirit, making it a valuable strategy for navigating challenging times and hardships.

Understanding the Tech Crash [Finance Fridays]

Technology Made Simple • 59 implied HN points • 14 May 22
💰 Finance Stock Market Economy Career growth Investing Personal Finance
  1. The value of stocks dropping doesn't mean the company is losing cash; it's about stock prices. The business and cash flow are different.
  2. Economic cycles like hiring freezes are common; industries go through ups and downs.
  3. Despite tech slowdowns, opportunities exist; focus on developing skills and profile to thrive.

Retirement

We're Gonna Get Those Bastards • 8 implied HN points • 27 Oct 24
💰 Finance Retirement Investing Personal Finance Social Security Economic Trends
  1. Having a plan for retirement is important to avoid boredom. Rather than just watching TV all day, think about activities you enjoy or new hobbies you want to pursue.
  2. Working longer can lead to better financial stability in retirement. Delaying Social Security benefits can significantly increase the amount you receive later on.
  3. To have a fulfilling retirement, it’s crucial to keep engaging with the world. Experiences and social interactions can provide inspiration for creative pursuits like writing.

Crypto Giant Celsius Overheats into bankruptcy. Investor money left frozen[Finance Fridays]

Technology Made Simple • 39 implied HN points • 05 Aug 22
💰 Finance Cryptocurrency Investment Bankruptcy Personal Finance Financial Education
  1. Celsius, a crypto giant, declared bankruptcy, leaving investor money frozen. This impacted many retail investors who may lose money.
  2. When dealing with companies, understand that their main aim is to make money. Always read the fine print and consider the tradeoffs before investing.
  3. Be cautious of celebrity endorsements in financial decisions. It's essential to analyze all messaging and make your conclusions to protect yourself from scams.

The magic of Index Funds[Finance Fridays]

Technology Made Simple • 19 implied HN points • 18 Feb 23
💰 Finance Investing Personal Finance Index funds Mutual Funds ETFs
  1. Index funds track specific stock market indexes like S&P 500, offering diversification and reducing the need for individual stock selection.
  2. Index funds have benefits like low fees, steady growth potential, and historically better returns compared to actively managed funds.
  3. Investing in index funds can reduce risk by offering broader diversification and make investing accessible to all levels of investors.

Failing to Build a Side Income Stream Through Amazon Affiliate Marketing

The Fat Software Engineer • 41 implied HN points • 19 Mar 23
💼 Business Amazon Income Streams Personal Finance Blogging
  1. Amazon affiliate marketing may seem simple but is actually a tough grind to build a side income stream.
  2. Selecting the right niche for affiliate marketing is crucial - not too narrow, not too broad.
  3. Passion and interest in what you write about can lead to more success than just chasing affiliate income.

On financial freedom

Austin's Analects • 59 implied HN points • 12 May 21
💰 Finance Personal Finance Investing Entrepreneurship Financial Independence
  1. Financial independence is about having enough income to pay for your living expenses without being employed or dependent on others. It's a goal that allows you to work on your own projects and time.
  2. To achieve financial independence, focus on building a diverse income stream, maximizing investments like a 401k and Roth IRA, starting a side business, and exploring opportunities like self-storage facilities and crypto.
  3. Learning from books, starting businesses, getting a good job, and continually seeking ways to increase income are steps on the journey to financial independence. Share your struggles and seek motivation from like-minded individuals.

Negotiating better offers [Finance Fridays]

Technology Made Simple • 19 implied HN points • 01 Jul 22
💰 Finance Negotiation Investments Personal Finance Career Advice
  1. Prepare for negotiations before receiving offers by researching compensation bands and matching skills to desired industries.
  2. Organize interviews with companies in similar compensation bands to potentially receive offers around the same time.
  3. Don't hesitate to ask companies to wait for your decision if you are waiting on other offers to compare.

Unconventional Money Lessons

Austin's Analects • 19 implied HN points • 22 Apr 22
💰 Finance Personal Finance
  1. Open a savings account and build an emergency fund, you never know when you'll need it
  2. Sometimes you need to do things you don't want to do in order to achieve your goals
  3. Working for somebody can teach you valuable lessons and give you practical experience

On the FIRE Movement

Austin's Analects • 19 implied HN points • 11 Aug 21
💰 Finance Personal Finance Financial Independence Retirement planning
  1. The FIRE movement focuses on saving aggressively to achieve financial independence and retire early by living off investments.
  2. Popular FIRE community advice includes maxing out a 401(k) despite the access limitations before age 59 1/2.
  3. Strategies like the Roth Conversion Ladder and Rule 72(t) offer ways to access 401(k) funds early without penalties.

Retire Early Using Your 401k, Finding My Brand, Visiting My City

Austin's Analects • 19 implied HN points • 28 Jul 21
💰 Finance Retirement Consulting Personal Finance
  1. Austin discusses retiring early using funds in your 401k before 59 1/2 through a Roth Conversion Ladder
  2. Exploring different offerings in the strategy consulting space, with a focus on business model transformation
  3. Austin shares insights about the vibrant food scene, live music culture, and dog-friendly environment in Austin, Texas

Ăn thì nhiều chứ ở bao nhiêu

Thái | Hacker | Kỹ sư tin tặc • 19 implied HN points • 13 Jan 11
💰 Finance Real Estate Personal Finance Investing Debt Management Wealth Building
  1. When considering buying a house, it's essential to have enough money to avoid financial strain.
  2. Owning material possessions can come with added burdens and responsibilities.
  3. Investing in experiences, caring for loved ones, learning new things, and making a positive impact can bring more happiness than just owning property.

3: On 401ks, Asset Allocation, and the Google Sheet that will get you Financial Freedom

Austin's Analects • 0 implied HN points • 26 May 21
💰 Finance Investing Personal Finance Entrepreneurship Asset allocation
  1. 401k is important for financial freedom, but questions like how much to invest and what to invest in can be confusing. It's crucial to understand how to leverage your 401k to achieve financial goals.
  2. Diversification in stock portfolio asset allocation is essential for reducing risk. Researching and adjusting your investment allocation based on personal finance blogs and books can be beneficial.
  3. Developing a comprehensive financial model can help with personal finance management and achieving financial freedom. Utilizing tools like Google Sheets can provide valuable insights into budgeting, investments, and taxes.

What's the "North Star" for Financial Independence?

Jay's Data Stream • 0 implied HN points • 13 Feb 24
💰 Finance Financial Independence Investing Personal Finance Retirement Career Choices
  1. In the pursuit of Financial Independence, focusing solely on a net worth target can lead to negative consequences like stressing out or burning out at work. It's crucial to consider other factors like job satisfaction and stress levels when planning for FIRE.
  2. Just like in businesses, personal finance goals can benefit from having a clear vision of the life one wants to lead, rather than just aiming for a financial target. Prioritizing happiness both during work and retirement is important for long-term fulfillment.
  3. Building a sustainable and fulfilling career requires experimentation, a long-term mindset, and aligning personal interests with financial goals. Pursuing passions and personal incentives is key to lasting success and happiness over time.

Bitcoin's Gotta Halve It

James Ledbetter's FIN • 0 implied HN points • 18 Feb 24
💰 Finance Cryptocurrency Personal Finance Investments Fintech Artificial Intelligence
  1. Bitcoin's mining fees are halved approximately every four years, impacting the currency's supply and value. This reduction in mining rewards plays a significant role in the dynamics of the cryptocurrency market.
  2. After the closure of Mint, several contenders, like YNAB, Simplifi, and Monarch Money, aim to fill the gap in personal finance management. These successors are exploring new revenue models and innovative features to attract users.
  3. The evolution of personal finance tools includes trends like access to advisors, integration of artificial intelligence, and customization for various financial situations. These advancements aim to enhance user experience and offer valuable financial planning insights.

Top 5 financial posts of the 3/2024 trading week

Global Markets Investor • 0 implied HN points • 20 Jan 24
💰 Finance Investing Markets Stocks Economy Personal Finance
  1. The S&P 500 reached its all-time high while small-caps lag behind, gold and bitcoin are consolidating, waiting for the next trigger.
  2. A significant wealth gap exists, with the top 10% of Americans owning 93% of all stocks, highlighting the importance of financial education.
  3. Inflation has driven up food prices by over 25% since 2019 in the US, questioning whether incomes have similarly increased.

How To Manage Finances When Moving In Together

Austin's Analects • 0 implied HN points • 11 Apr 23
💰 Finance Personal Finance Relationships
  1. Creating a shared budget is key: Budget for rent, utilities, groceries, etc. to understand expenses together.
  2. Open a joint checking account: Use it to cover shared expenses hassle-free without the need for splitting every bill.
  3. Set up automatic transfers and payments: Simplify managing finances by scheduling transfers and payments for shared expenses.