Introduction:
The term Lifestyle Investing is one which has penetrated the lexicon in the first decade of the 21st century. The use of the term is rapidly gaining momentum as priorities shift based on signification global events.
Background:
Tim Ferriss, author of The 4-Hour Work Week is often credited for his use of the term lifestyle design though he is not believed to have been the first. Ferriss' approach to life and what he calls the 'new rich' revolves around breaking the paradigm of the traditional application of time where a person works until retirement and thus postpones many plans until later in life. Lifestyle Investing builds on this notion can be compared to 'carpe diem' or seize the day approach to both life and income generation. This allows subscribers to this approach to enjoy the flexibility necessary to create a lifestyle of their choosing, or what Ferriss describes as lifestyle-by-design.
In recent years the Internet has provided millions of people with the opportunity to create both active and passive income streams via the world-wide-web. This has allowed many people to pull-back from both the traditional employee lifestyle as well as the traditional small business owner model. This new breed of entrepreneur is what Richard J. Goossen called 'e-prenuers'1.
As the world slowly climbs out of the economic downturn which began in earnest in 2008 an increasing number of people are reassessing their behavior with respect to finances, their time, their health and the environment. More and more people are choosing a more balanced and holistic approach to life which includes assessing how their time is spent and what their impact is on society and the planet. Often this mindset is referred to as Lifestyle Investing.
Lifestyle Investing Defined:
The term refers to the pursuit of an increase in overall quality of living through four major life components:
Personal Income
Control of One's Time
Longevity
Giveback (environment/community)
The Lifestyle Investor will focus on having maximum control of their time while sustaining or increasing personal income levels thus freeing more time for other endeavors. The Lifestyle Investor also seeks to increase their longevity by leading a healthy, active life. A sense of pride and responsible user-ship is achieved through giveback activities focused on the community and/or environment.
Real Estate
Many real estate investors refer to Lifestyle Investing as a type of investing which sees the purchase of a home or property in a tropical, often offshore, luxury location. The presumption is that owning rental property which is located in an in-demand tourist location has the double benefit of offering both a financial return on investment as well as the opportunity for the owner to enjoy its use with family or friends.
1 Richard J. Goossen's book titled: epreneur: From Wall Street to Wiki: Succeeding as a Crowdpreneur in the New Virtual Marketplace.
The term Lifestyle Investing is one which has penetrated the lexicon in the first decade of the 21st century. The use of the term is rapidly gaining momentum as priorities shift based on signification global events.
Background:
Tim Ferriss, author of The 4-Hour Work Week is often credited for his use of the term lifestyle design though he is not believed to have been the first. Ferriss' approach to life and what he calls the 'new rich' revolves around breaking the paradigm of the traditional application of time where a person works until retirement and thus postpones many plans until later in life. Lifestyle Investing builds on this notion can be compared to 'carpe diem' or seize the day approach to both life and income generation. This allows subscribers to this approach to enjoy the flexibility necessary to create a lifestyle of their choosing, or what Ferriss describes as lifestyle-by-design.
In recent years the Internet has provided millions of people with the opportunity to create both active and passive income streams via the world-wide-web. This has allowed many people to pull-back from both the traditional employee lifestyle as well as the traditional small business owner model. This new breed of entrepreneur is what Richard J. Goossen called 'e-prenuers'1.
As the world slowly climbs out of the economic downturn which began in earnest in 2008 an increasing number of people are reassessing their behavior with respect to finances, their time, their health and the environment. More and more people are choosing a more balanced and holistic approach to life which includes assessing how their time is spent and what their impact is on society and the planet. Often this mindset is referred to as Lifestyle Investing.
Lifestyle Investing Defined:
The term refers to the pursuit of an increase in overall quality of living through four major life components:
Personal Income
Control of One's Time
Longevity
Giveback (environment/community)
The Lifestyle Investor will focus on having maximum control of their time while sustaining or increasing personal income levels thus freeing more time for other endeavors. The Lifestyle Investor also seeks to increase their longevity by leading a healthy, active life. A sense of pride and responsible user-ship is achieved through giveback activities focused on the community and/or environment.
Real Estate
Many real estate investors refer to Lifestyle Investing as a type of investing which sees the purchase of a home or property in a tropical, often offshore, luxury location. The presumption is that owning rental property which is located in an in-demand tourist location has the double benefit of offering both a financial return on investment as well as the opportunity for the owner to enjoy its use with family or friends.
1 Richard J. Goossen's book titled: epreneur: From Wall Street to Wiki: Succeeding as a Crowdpreneur in the New Virtual Marketplace.
A person focused on Lifestyle Investing, as an example, would be one who generates an income from an online business. The operation of that business is outsourced and the person is able to control much of their time focusing on their priorities. This person chooses to travel and is able to do so much of the year. They choose to have a positive impact on the world by participating in events that make people more aware of their impact on the environment.
This is one example only. There are many ways to be a Lifestyle Investor.
This is one example only. There are many ways to be a Lifestyle Investor.
by LifeInvestor September 16, 2009
Get the Lifestyle Investing mug.A term coined by anarchist Murray Bookchin in his essay "Social Anarchism or Lifestyle Anarchism: An Unbridgeable Chasm"
Lifestyle anarchism is the attitude of an individual that calls himself an anarchist by being heavily individualistic without giving any thought to class struggle and an end to oppression.
A lifestyle anarchist does not concern himself with anarchist goals such as the destruction of hierarchical society, but instead focuses on changes to his own behavior - these can range from a though out (but still not really anarchist) desire to remove oneself from societal norms in the name of one's will, to a mere stereotypical attempt to look like a tough bloke intent on creating disorder.
The word "lifestylist" can be occasionally seen in punk circles, as a form of insult, due to the pervasiveness of 'punks' that spend their time trying to look radical and pogoing to leftist lyrics while never really caring about politics.
HOWEVER, lifestylism has become an all too common insult among anarchists nowadays that promotes sectarianism, by each different anarchist school of thought claiming others are merely lifestylists rather than real anarchists.
Lifestyle anarchism is the attitude of an individual that calls himself an anarchist by being heavily individualistic without giving any thought to class struggle and an end to oppression.
A lifestyle anarchist does not concern himself with anarchist goals such as the destruction of hierarchical society, but instead focuses on changes to his own behavior - these can range from a though out (but still not really anarchist) desire to remove oneself from societal norms in the name of one's will, to a mere stereotypical attempt to look like a tough bloke intent on creating disorder.
The word "lifestylist" can be occasionally seen in punk circles, as a form of insult, due to the pervasiveness of 'punks' that spend their time trying to look radical and pogoing to leftist lyrics while never really caring about politics.
HOWEVER, lifestylism has become an all too common insult among anarchists nowadays that promotes sectarianism, by each different anarchist school of thought claiming others are merely lifestylists rather than real anarchists.
A justified use of 'lifestyle anarchism' -
Calling lifestylist a group of crust punks that squat an abandoned building and fuck it up with grafitti and broken bottles when they could have just as easily made it an inclusive social center or a shelter.
An unjustified use of 'lifestyle anarchism -
Anarchocommunist site Libcom slandering the collective of CrimethInc. as lifestylists because they concern themselves with dropping from society rather than attacking society.
Calling lifestylist a group of crust punks that squat an abandoned building and fuck it up with grafitti and broken bottles when they could have just as easily made it an inclusive social center or a shelter.
An unjustified use of 'lifestyle anarchism -
Anarchocommunist site Libcom slandering the collective of CrimethInc. as lifestylists because they concern themselves with dropping from society rather than attacking society.
by Alan Jimenez January 20, 2009
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An outdoor mall, usually featuring very upscale and pricey fashion stores, specialty stores, restaurants, and other trendy places. Can range in size from 10 to 100+ stores. Usually features nice architecture, brick walkways, chic lighting, and water features. Highly popular in upscale suburban/urbane areas in the Sunbelt and increasingly in the Midwest.
Hey, i'm going to check out that new lifestyle center they just built off the highway. They've got an Abercrombie & Fitch and everything!
by acb November 15, 2005
Get the lifestyle center mug.A person who does anything to achieve their lifestyle goals. A person who will leave their partner if they don't provide a high enough lifestyle like their rich friends, who will abandon their loved pet because it gets in the way of their "good life" and who puts their fancy lifestyle interests ahead of their children too.
She left her two young children home alone tonight so she could be with her boyfriend and attend the white party... she's a lifestyle whore!
by BefallenWisdom October 29, 2018
Get the Lifestyle Whore mug.by Yycguyls December 9, 2022
Get the Lifestyle Club mug.A drug that is used to treat a non-fatal illness such as ADD, Depression, baldness, or even acne. Especially used in the context of mood-lifters or increased focus drugs.(derogatory)
by Syd.Thomas April 25, 2007
Get the Lifestyle Drug mug.Lifestyle Discussion Regular: a G-chan user. One that has a significant amount of posts in the LD forum and is frequently found posting in these forums.
LD Reg Guild Lurker: a user who has abandoned the LD upon being invited/founding this prestigious guild. Prefers to post completely random things and complain in the guild. Most of the posts are ranty whiney ones about how the LD is a shithole of trolls and misplaced posts.
Ex: Mortok, The Gay Science, Daimin VonRavenstone, most people in the LD regulars guild
LD Forum Whore: a user who spends 98% of their time on Gaia posting in every single topic that comes up. 80% of everything they post can be heard spewing from a spastic Japanese schoolgirl. Typically found with +5000 posts in the LD, sig pics, and crushtags.
Ex: Maeora, no other example avaliable
LD Forum Mods: Clearly some of the biggest wankers on G-chan. They block and ban with reckless abandon. Can be identified by a bright ass username color and ducebaggy attitude about forum rules and the ability to ban your ass for posting comments about how much of a faggot they are for blocking your main.
Ex: any LD mod
LD Reg Guild Lurker: a user who has abandoned the LD upon being invited/founding this prestigious guild. Prefers to post completely random things and complain in the guild. Most of the posts are ranty whiney ones about how the LD is a shithole of trolls and misplaced posts.
Ex: Mortok, The Gay Science, Daimin VonRavenstone, most people in the LD regulars guild
LD Forum Whore: a user who spends 98% of their time on Gaia posting in every single topic that comes up. 80% of everything they post can be heard spewing from a spastic Japanese schoolgirl. Typically found with +5000 posts in the LD, sig pics, and crushtags.
Ex: Maeora, no other example avaliable
LD Forum Mods: Clearly some of the biggest wankers on G-chan. They block and ban with reckless abandon. Can be identified by a bright ass username color and ducebaggy attitude about forum rules and the ability to ban your ass for posting comments about how much of a faggot they are for blocking your main.
Ex: any LD mod
by shit brixx March 16, 2010
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