The latest stock market correction cost me about five times what I made consulting part-time for four months. If I were smarter, I would have sold 100% of my rollover IRA before stocks started to tumble, then bought back in several weeks later. Alas, I don’t possess such acumen.

This experience got me thinking about how pointless it is to work if you’re just going to lose significant money in your investments. At some point, you may start to regularly make and lose more from your investments than from your day job. Unless you absolutely love your job, continuing to trade time for money may become futile.

This post isn’t for those still early on their path to financial freedom. Most of us need to work hard for at least a couple of decades to build up enough capital to generate sufficient passive income to cover basic living expenses. This

Keep reading this article on Financial Samurai.

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