How A Stock Market Crash Could Accelerate Your FIRE

Nathalie Legrée is a great saver. 

Motivated by the FIRE movement, she wants to gain Financial Independence and Retire Early.  The 33-year old teacher joins a growing number of millennials that have decided to live frugally and sock away large percentages of their incomes every year.

Nathalie already owns a couple of houses.  She also has $60,000 invested in portfolio of low-cost index funds. 

Currently she’s investing about $2000 a month.

But the recent market crash has tossed water on her flames.  “I started to invest in a portfolio of ETFs about a year and a half ago,” she says.  “But the market’s drop has me wondering if I’ve made the right decision.  It has me thinking that perhaps I should invest in real estate instead.” 

Image by Pixabay

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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