Minimum Wage Ninja

I've heard that a significant percentage of people who win the lottery end up bankrupt. They simply did not have what it takes to handle the wealth that they were hoping to get. What brings these people down?  Is it a bad attitude that brings these people down?  Is it a lack of resources other than finances?  Is it a lack of a support system?  I don't have the answers, but I do see this as a  serious and important question. This is important because we have all won lotteries.   I've won the time lottery, this being the greatest time in the history of earth to be alive. I've won the genetic lottery, because clearly I'm smarter than the loser who passed me driving down the road this morning. I've won the country lottery, having been born in a country that other people risked life and limb to get to. I've won the physical health lottery, because I can still walk, talk, and take action. Despite all this?  I'm becoming bankrupt...

One of the perks of moving from a manual labor job out in the warehouse to an administrative assistant job in the office is that I'm able to listen to whatever I want as I perform my job duties. One of the websites that has caught my attention is the Mad Fientist.  There are currently thirty three podcasts on his website, and I've listened to the first twelve.  While the podcasts themselves don't seem to offer much by way of specific and actionable advice, it is nice to have a list of early retirement players.  This podcast series is sort of an introduction as to the who's who of early retirement. The three biggest takeaways so far are: 1.  Hyper focus on one activity to build wealth at a time. 2.  Online sites can sell at extremely low multiples. 3.  Measure invested amounts by percentage. Despite the low multiples of online websites, I'm going to stick with investing in the common stocks of good dividend paying companies, because it is my one act...