Investing for the long term is as much about staying motivated as it is about the strategy itself.
Keeping your expenses low and savings rate high consistently are sure to be a big challenge of your dedication, perhaps more of a challenge than holding to your strategy during turbulent times for some.
If you were after a lesson in dedication and motivation check out the Iron Cowboy. James is partway through attempting to do 50 ironmans in 50 days in 50 different states. An ironman, if you don’t know, is a 2.4 mile swim, followed by a 112 mile bike ride and finishing with a marathon (26.2 miles).
I love challenges like this but this one is incredible. He is up to Day 40 and still going strong on 5 hours sleep a night. What is also amazing is some of his times have been around the 12 hour mark, which plenty of people would be happy with for their first ironman.
I’d encourage you to check out his blog (written by his coach) and the social media page (a nice picture of his manky feet on there). Or follow him on twitter and give him a bit of support @ironcowboyjames
You could even donate if you were inclined to (admittedly this link makes it look like he is raising money for Jamie Oliver, but it’s for obesity awareness, honest).
If this guy can push himself through 50 ironmans in 50 days then I am pretty sure I can forego the daily latte and cinnamon whirl.
Once Financial Independence is reached I would love to spend my time doing challenges like this (only much smaller).
Mr Z (Iron Zombie)