Can I Collect Unemployment Insurance If I Have Passive Income?

69 Comments / Career & Employment, Insurance / By

Are you wondering whether you can collect unemployment insurance if you have passive income? The quick answer is YES. Collecting unemployment insurance (unemployment benefits) is completely separate from how much you make in passive investment income. By definition, passive income is not earned income. It’s income generated by existing investments. The government isn’t going to […]

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Should I Go To Grad School? Get Rich Or Die Trying!

25 Comments / Career & Employment, Education / By

You’ve got your undergraduate degree and now you’re debating if you should go to graduate school. I’ve been in your shoes. I too wondered should I go to grad school? It’s a big commitment. Tuition can get quite expensive, especially if you quit working full-time to go to graduate school. However, earning a graduate degree

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Is Not Wanting To Be Rich Selfish? Ways To Help Others If You No Longer Seek Or Have Wealth

58 Comments / Relationships / By

After working for 10 consecutive years post college, I no longer wanted to be rich. Instead, I wanted to be free and went John Galt in an attempt to unplug from the Matrix. It took three more years of planning but I finally managed to escape, or so I hope. There’s just one nagging feeling

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How Much Does My Car Insurance Go Up If I Get A Traffic Ticket?

50 Comments / Automobiles, Insurance / By

The first thing I did when I got home after receiving a speeding ticket was call my car insurance company to find out how much my car insurance premiums would go up. Interestingly, they couldn’t give me a straight answer. If I get convicted and don’t go to traffic school, I will receive one point

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Why High Portfolio Turnover May Be More Costly Than High Mutual Fund Fees

29 Comments / Investments / By

High portfolio turnover may b more costly than high mutual fund fees. With high portfolio turnover, you’ve got more taxes to pay. Further, you might completely mis-time your buying and selling. Everybody should understand by now that high mutual fund fees drag performance down over time. Given the large majority of active fund managers underperform

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The New Three-Legged Retirement Stool: You, You, And You

73 Comments / Retirement / By

There is a new three-legged retirement stool we should all be aware of. But first, let’s review the old three-legged stool for retirement. It consisted of: 1) Pension (Company) 2) Social Security (Government) 3) Personal Savings (You) The Old Three-Legged Retirement Stool Is No More Given less than 15% of Americans have pensions or will

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