Doug and Pete Adeney (Mr. Money Mustache) answer questions from the listener mailbag. They discuss costs of raising a large family on the path to FIRE, contrast the real-world math & culture of living in Canada vs the United States, map out high net worth investing strategies for seven-figure portfolios, and dive deep into the psychology of holding cash.

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Links

Pete Adeney/Mr. Money Mustache
The FI Collective
Brad Barrett/ChooseFI
Mark Trautman/Mark’s Money Mind
Mr. Money Mustache, “My Unexpected Journey to Hormone Replacement (TRT)”
MHFI Facebook group
Doug’s site
Check out Producer Chris’s blog: Epic Financial Journey

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles

Email the show: doug@milehighfi.com

0:00 Introduction

2:37 Question – FIRE planning with kids

9:17 Front-loading savings & investing

13:05 Question – Thoughts on Canada

18:45 Question – Pre-tax vs. post-tax investing

25:54 Question – Cash bucket

29:58 Fear vs. logic

34:27 Question – Testosterone Replacement Therapy

37:33 Question – Heating a hot tub

44:05 Soundcheck – Summer trips