Too many people start investing without ever thinking about their investing philosophy.

They're building a portfolio, but without an ethos and making drastic changes during market

dips. If you want to achieve financial independence, your portfolio needs to be built around

a clear framework, not emotions, headlines, or whatever is performing right now.

In this episode, we break down how to build an investment strategy for financial independence,

one that you can actually stick with for decades.

Hello, hello, hello, hello, and welcome to the Bigger Pockets Money podcast.

My name is Mindy Jensen and with me as always is my still building his investor policy statement,

co-host Scott Trench.

Thanks, Mindy.

I'm excited to yield to Bob's great research here in terms of building a world-class investor

policy statement.

I'm actually still working on my own investor

policy statement or evolving it. And I'm really interested to hear what Bob has to say today,

because I feel like I'm diverging a little bit personally, perhaps at huge opportunity cost,

from fire orthodoxy in that I cannot intellectually defend keeping most of my wealth in the S&P 500 at very high Schiller-Cap

ratios. I think Bob's investor policy statement is going to basically default to that. So I'm

interested to hear his framework in particular about building a policy statement that allows me

to build rigid rules or other people to build rigid rules if they

have divergence from orthodox approaches to investing. So we are excited to welcome Bob Haynes back to

Bigger Pockets Money. Bob previously joined us on the show to share how he achieved financial independence

and retired in his 40s. And since then, he's gone even deeper into the world of investing

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