Every parent can attest they are willing to do everything in their power to give their children a good life. Once you have kids, the money will come because you become so motivated to work harder. Not only will you work harder and pay better attention to your finances, you’ll also likely get in better […]
Would You Risk Months Of Prison To Set Your Kids Up For Life? Read More »
I have a confession to make. I want a bigger house. With a family of four and potentially an au pair, a bigger house would provide for a better lifestyle. Now that we’re spending so more time at home post pandemic, a bigger house is also much more valuable. Real estate FOMO is getting the
Don’t Let Ego Make You Buy A Bigger House Than You Need Read More »
Getting a preapproval credit letter is kind of like getting a college acceptance letter or a job offer letter. It feels great that someone likes and trusts you enough to welcome you into their community. Receiving a preapproval credit letter is also very satisfying since it often takes 2 – 5 weeks to get through
Here’s What A Preapproval Credit Letter Looks Like For Buying Property Read More »
A separate 529 plan for each child versus one 529 plan for multiple children makes the most sense. Let me share with you the reasons why in this post. When my wife was in her third trimester, we began to brainstorm about all the things we needed before our daughter was born: Once we got
Why You Should Have A Separate 529 Plan For Each Child Read More »
If you’ve got a pension, count yourself as one of the lucky ones. A pension is more valuable than you realize. With a pension, you won’t be forced to lower your safe withdrawal rate in retirement like those of use who don’t have pensions. This post will help you calculate the value of a pension.
How Do I Calculate The Value Of A Pension? Read More »
Despite not wanting to buy stocks after the S&P 500 has rebounded by over 30% since its March 2020 bottom, I still own a significant amount of stocks across a number of investment portfolios: two 529 plans, a SEP IRA, a Rollover IRA, a Solo 401(k) and a couple taxable investment accounts. Then there’s my
Buying Or Holding Stocks After A Huge Rebound: Arguments For Why You Should Read More »
Thinking about joining a startup to get rich? You’re not alone. After so many successful IPOs and media stories about employees and founders getting filthy rich, there is a growing desire to join startups. But joining a startup is like counting on a lottery ticket to get rich. The vast majority of startups fail or
Career Advice For Those Joining The Startup World: Sleep With One Eye Open Read More »
One of the main reasons why I’ve turned more cautious on stocks is due to a growing number of extended lockdowns around the country. However, investing is all about beating expectations. I had been secretly hoping most of the country would reopen by June 15, after roughly three months of staying at home. Unfortunately, in
Survival Of The Richest: Why Some Support Indefinite Lockdowns Read More »
Here are my thoughts on stocks post a big rebound. The S&P 500 fell by 32% from peak to trough in March 2020. Today, the S&P 500 is at a record-high. Here were my thoughts about stocks during the most uncertain time period of the pandemic. Ultimately, I was able to call the bottom of
Thoughts On Stocks Post A Big Rebound And Some Life Lessons Read More »
Are you wondering whether you can save too much in your 401(k)? After all, if you save so much in your 401(k), you might not have a large enough taxable investment portfolio to generate passive income before 59.5. However, the reality is, you can’t save too much in your 401(k) if you follow my guidelines.
You Can’t Save Too Much In Your 401(k) For Retirement Read More »
