What would YOU sacrifice to retire at 45? FIRE investors share their top 10 strategies to quit work decades early
Meet the FIRE investors – members of the 'Financially Independent Retire Early' movement.
They choose to live frugally so they can afford to give up work early and live freely.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
22 minutes ago
- Reuters
Salesforce blocks AI rivals from using Slack data, the Information reports
June 10 (Reuters) - Salesforce (CRM.N), opens new tab owned Slack recently blocked other software firms from searching or storing Slack messages even if their customers permit them to do so, the Information reported on Tuesday.
The Guardian
27 minutes ago
- The Guardian
US-China trade talks: ‘framework' deal amid dispute over rare earths
Officials from the US and China have agreed on a 'framework' to move forward on trade after two days of talks in London stemming from their confrontation over tariffs. The US commerce secretary, Howard Lutnick, expressed optimism on Tuesday that concerns about critical or 'rare earth' minerals and magnets 'will be resolved' as the deal is implemented. Lutnick told reporters that the framework puts 'meat on the bones' of a deal reached last month in Geneva to ease retaliatory tariffs. Its implementation had faltered over China's curbs on critical mineral exports. The deal also would remove some US export restrictions that were recently put in place, Lutnick said. 'We have reached a framework to implement the Geneva consensus and the call between the two presidents,' Lutnick said. 'The idea is we're going to go back and speak to President Trump and make sure he approves it. They're going to go back and speak to President Xi and make sure he approves it, and if that is approved, we will then implement the framework.' In a separate briefing, China's vice commerce minister Li Chenggang said a trade framework had been reached that would be taken back to US and Chinese leaders. 'The two sides have, in principle, reached a framework for implementing the consensus reached by the two heads of state during the phone call on June 5th and the consensus reached at the Geneva meeting,' Li told reporters. Lutnick said China's restrictions on exports of critical minerals and magnets to the US would be resolved as a 'fundamental' part of the framework agreement. 'Also, there were a number of measures the United States of America put on when those rare earths were not coming,' Lutnick said. 'You should expect those to come off, sort of as President Trump said, in a balanced way.' Li said: 'Our communication has been very professional, rational, in-depth and candid.' All eyes were on the outcomes of negotiations as both sides were at an impasse over export restrictions, with US officials earlier accusing Beijing of slow-walking approvals for shipments of critical minerals. The world's two biggest economies were also seeking a longer-lasting truce in their escalating tariffs war, with levies reduced temporarily. 'We're moving as quickly as we can,' US trade representative Jamieson Greer told reporters. 'We feel positive about engaging with the Chinese.' With Reuters and Agence France-Presse
Reuters
an hour ago
- Reuters
Dollar holds steady after US, China reach framework deal to ease export curbs
June 11 (Reuters) - The dollar was steady against its major peers on Wednesday, after U.S. and China agreed on a framework for a trade agreement that investors hoped could potentially pave the way to resolving a damaging trade war between the world's two largest economies. In early Asia trading, the dollar was down 0.14% against the Japanese yen at 144.770, and slipped 0.13% against the Swiss franc to last change hands at 0.8218. The euro was flat at $1.1427, while China's offshore yuan was little changed at 7.1881 per dollar. An index that measures the greenback against six other currencies was little changed and was last at 99.068. U.S. Commerce Secretary Howard Lutnick said that U.S. and Chinese officials concluded keenly watched talks in London that lasted for two days and agreed to put their trade truce reached last month in Geneva back on track. The framework included resolving China's export restrictions on rare earth minerals and magnets, and will also remove some U.S. export restrictions that were recently put in place. "The devil is going to be in the details and importantly whether this can help to reestablish trust between President Xi and President Trump, which has clearly been broken since the Geneva Agreement was published," said Ray Attrill, head of FX strategy at National Australia Bank. "But it's way too early to say that we know we're in the midst of establishing a cast iron, new U.S.-China trade agreement." Much of the year has been dominated by investors fretting over the likelihood that U.S. President Donald Trump's erratic policies could tip the U.S. economy into a recession, and in turn hurt global growth. The erosion of investor confidence in U.S. assets has severely undermined the dollar, which is down more than 8% so far this year. Later in the day, investors will closely parse a U.S. consumer inflation report that could reflect the economic impact of tariffs on prices, potentially determining the trajectory of the Federal Reserve's monetary policy for the rest of the year. The Fed is expected to hold rates steady next week, with traders pricing in nearly two 25-basis-point cuts by the end of the year. UK's sterling was marginally higher at $1.35 as markets awaited British finance minister Rachel Reeves' public spending plans. The currency came under pressure overnight after data pointed to a weak labour market.
