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Robert Brokamp

๐Ÿ‘ค Speaker
2120 total appearances
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Appearances Over Time

Podcast Appearances

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

What are the first few steps they have to take if they're listening to this interview and they're like, I love that idea.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

I'm not there yet.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

What do I have to do first?

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And that's a good way to frame it too.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And you do that often in your writing.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And that is, if you are spending less to save more, it's not really you're denying yourself.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

You're just choosing to buy something else.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

You're choosing to buy something, which is your freedom, your independence, your optionality.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

This first occurred to me back when I was an elementary school teacher and I was listening to a radio show by a fellow by the name of Rick Edelman.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And he talked about how

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

He was talking to a woman who spent too much money drinking Diet Coke.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And he said, you're spending your money on a depreciating asset.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Instead, buy Coke stock.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Buy something that appreciates in value.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

At some point, you can stop work or take a break, take a sabbatical.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

And then, frankly, you'll have enough money to drink as much Diet Coke as you want.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

You mentioned Mr. Money Mustache, big figure in the financial independence movement.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

People have heard about this maybe several years ago.

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

It was more FIRE, right?

Motley Fool Hidden Gems Investing
Interview With J.L. Collins, the Godfather of Financial Independence

Financial Independence Retire Early.