Financial Independence (Early Retirement) – Paul Stephan


Presentation on saving and investment given at the Project Fusion event in Pasadena, CA (Oct. 10, 2015)



  1. I wouldn't just write off gold as a useless asset. It needs to be seen in context, especially against stocks. E.g., do a heatmap comparison in and you'll see how it almost perfectly mirrors the huge drawdowns you'll experience holding equities. Not everyone can tolerate losing 50% of their wealth overnight, irrespective of any later recovery, and that's assuming you're brave enough not to sell. The 4% SWR is also optimistic at current valuations.

  2. Amazing, one of the best videos on investing on the net that anyone at any income can learn from.

  3. Great stuff. … Thank you

Leave a Reply

Your email address will not be published. Required fields are marked *