Personal Finance
When a YOLO Lifestyle Should be Encouraged
By Investment Moats  •  September 13, 2020
The term YOLO gives older folks the worst kind of ideas about young people nowadays. (YOLO stands for You only lived once, which is a philosophy to live that time is precious and you should live every moment as if it is your last) But then again, older folks will do a lot of YOLO things in their lives such as sleeping with someone other than their wives or husbands. That is not the most responsible thing to do, but… they still do it. If you have someone in your age group doing that, you have less power to criticize the younger folks. Why YOLO and F.I.R.E Can Both be Desirable Goals to Pursue In my boss’s seminar or webinar, he would mention that YOLO and FIRE are extreme ends of a spectrum. Being near both ends is not good. Most of us should be encouraged to be somewhere not at the tail ends....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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