Financial Post Article: Freedom 55? Statistics professor gambles his way to Freedom 43
The Financial Post asked me to comment on the investment strategy of a Statistics professor who retired at age 43 with a side hustle that uses statistical modelling to primarily bet on sports.
The FIRE movement is dedicated to retiring young, which stands for “financial independence, retire early.”
Many of these people come to me for advice, and in the article you’ll learn my thoughts on this particular professor’s strategies and what I suggest for the FIRE community.
In this article you’ll learn:
- The definition of the FIRE model and how it works.
- What type of “hacking” young people do to retire early.
- The best investments I suggest for retiring early.
- Is this statistics professor’s arbitrage gambling method reliable?
- The potential pitfalls of retiring early.
CLICK THE LINK BELOW TO READ THE ARTICLE BY JOE O’CONNORI:
Freedom 55? Statistics professor gambles his way to Freedom 43
Ed
Planning With Ed
Ed Rempel has helped thousands of Canadians become financially secure. He is a fee-for-service financial planner, tax accountant, expert in many tax & investment strategies, and a popular and passionate blogger.
Ed has a unique understanding of how to be successful financially based on extensive real-life experience, having written nearly 1,000 comprehensive personal financial plans.
The “Planning with Ed” experience is about your life, not just money. Your Financial Plan is the GPS for your life.
Get your plan! Become financially secure and free to live the life you want.