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Blogger Profile


Financial Socrates

Blog Info

Name:
Financial Socrates
Category:
Early Retirement
Tags:
philosophy of money, early retirement, financial independence
Start Year:
2017

Blogger Bio

Location:
New York, United States
Age:
20s
Race:
White
Gender:
Male
Life stage:
SINK (Single Income, No Kids)
Profession:
Accountant
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Latest Blog Posts

What type of culture would yield species enhancing achievements and enlightened citizens?   A culture that emphasized achievement over comfort, excellence over mediocrity, and truth over ignorance.  America is far from having such a society.  Our society is guided by the will of an unenlightened elite who only seek the vain preservation of their own power.  … Continue reading "A New Culture, A New People" ...
Posted: Mar 16 2019 @ 10:05 AM
The enlightened wealthy versus the ignorant wealthy. Both types of people have a profound impact on human society, but each serves a different end.  The enlightened understand their wealth is a means to an end, while the ignorant tragically believe that wealth and power is the end.  That distinction determines the difference between destructive greed … Continue reading "The Enlightened Wealthy" ...
Posted: Feb 02 2019 @ 10:59 AM
Look at the achievements of Ancient Greece & Rome in comparison to antiquity.  Up until the end of the 6th Century B.C. human civilizations were centered around a rigid power structure where elites ruled and the common man obeyed.  The Athenian Greeks were the first to structure society so that laws were made in the … Continue reading "Greece, Rome, & the Renaissance" ...
Posted: Jan 08 2019 @ 1:45 AM
To what end will you use the freedom of financial independence?  What will be your masterpiece?  What is the ‘why’ behind your persistent focus on accumulating wealth?  The only purpose we have while we circle that glowing ball of fire is the purpose we give ourselves.  Man is always searching for meaning to justify living … Continue reading "Our Masterpiece" ...
Posted: Sep 30 2018 @ 1:06 AM
What would you become if you were not chained to a dreary job just to eat and survive?  How did you become chained to that soul-destroying job? Too many Americans have become, what German philosopher Friedrich Nietzsche called, Last Men;  People who do not dare strive for greatness, don’t dare challenge the corrupt, and are … Continue reading "Beware of the Last Man" ...
Posted: Sep 15 2018 @ 9:17 PM
What are values?  Simply put they are the principles that guide how we live and why we act in the way we do.  Where do people derive their value system from?  Some would say themselves, while others may say their family, but 95%-99% of people derive their value system from a combination of their family, … Continue reading "Enlightened Values" ...
Posted: Apr 09 2018 @ 9:16 PM
If you’ve been wondering how to shave years off your time to financial independence simply by using geographic arbitrage you have to consider if a move to Portugal is right for you.  I will go into detail regarding the benefits this southern European nation offers expats, the cost of living, and lastly, how much money … Continue reading "Retire in Portugal" ...
Posted: Apr 02 2018 @ 12:03 AM
One of the most powerful things you can do today that will reap enormous rewards for your future self is to develop a side income stream.  A side income is like jet fuel on the path to financial independence because it does several things. First, it is excess income so 100% of the after-tax amount … Continue reading "Develop a Side Income & Change Your Life" ...
Posted: Mar 25 2018 @ 5:16 PM
The purpose of money is to fuel life. It’s a store of value that’s been created in order to exchange for necessities like food, shelter, and health care and luxuries like vacations, cars, and jewelry. This is the practical purpose of money that we all intuitively understand, but what is the higher purpose? The answer … Continue reading "The Purpose of Money" ...
Posted: Mar 17 2018 @ 5:11 PM
In order to retire in the next 10 years and stop working a full-time job you need some way of generating sufficient cash flow to fund your lifestyle.  The most basic way to do this is to take periodic withdrawals from your after-tax portfolio.  The strategy follows that if you invest the vast majority of … Continue reading "How to Reach Financial Independence in 10 Years" ...
Posted: Mar 11 2018 @ 9:21 PM

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