You know how you see oil prices drop precipitously on the news, yet when you get the gas station to save some money, you’re disappointed because gas prices haven’t gotten much cheaper? The same thing happens with US Treasury yields (oil) and mortgage interest rates (gas). Mortgage rates are largely influenced by the latest 10-year
Why Mortgage Rates Don’t Drop As Quickly As Treasury Yields Read More »
Understanding what natural disaster insurance is and whether it’s worth it is important if you live in a high risk area. Let’s learn how floods, wildfires, hurricanes, and earthquakes are covered under an insurance policy for natural disasters. I’m a multiple property owner in San Francisco which is a high risk area for earthquakes. Over
Insurance For Natural Disasters: Floods, Fires, Hurricanes, Earthquakes Oh My Read More »
I don’t enjoy doing my taxes, but I do them anyway. My main reason is to learn as much about the latest tax codes so I can reduce my tax liability. This post discusses five lessons from doing my taxes for over 10 years. Why I Started Doing My Own Taxes In 2000, I paid
Five Lessons From Doing My Taxes For Over 10 Years Read More »
A cash-out mortgage refinance lets you borrow more than you currently owe and keep the difference as cash. It’s one way to unlock the equity in your house. However, doing a cash-out refinance to buy stocks is not a good idea. You could lose a lot of money in a bear market. Instead of doing
Cash-out Refinance To Buy Stocks? Not A Good Idea Read More »
Do Americans have an earnings problem or a savings problem? Unfortunately, I think we’ve got both. Take a look at the median income by age and sex from the latest Census Bureau data. The data always lags for a couple of years. The median income for 20-24-year-olds is $25,116 for women and $27,040 for men.
Median Income By Age And Sex In America Read More »
* On April 8, 2020, Bernie Sanders dropped out of the presidential race, paving way for Joe Biden to be the Democratic presidential candidate. Bernie’s views were too extreme, even though proposals such as UBI and healthcare for all is needed now more than ever during the pandemic. Sooner or later investors will stop freaking
Should Capitalists Really Be Afraid Of A Bernie Sanders Presidency? Read More »
Hopefully everyone who has access to a 401(k) is contributing to a 401(k). To not do so is a mistake you don’t want to realize when you’re old and grey. This post discusses the top mistakes that are hurting your 401(k) so you can boost you balance. The government isn’t going to save you. With
Top Mistakes That Are Hurting Your 401(k) Returns Read More »
If you are suffering from Dunning-Kruger, it means that you are suffering from delusion. And if you’re suffering from delusion, that means there’s a large disconnect between reality and what you believe to be true. Don’t let delusion ruin your life! Delusion is one of the key reasons why people end up miserable, alone, and
Is Delusion Ruining Your Life? Let’s Talk Dunning-Kruger Read More »
Here’s some straight up career advice. If you fake it, you probably won’t make it. There’s been a huge trend towards joining startups and fast growing tech companies ever since Wall Street blew up between 2008-2010. The top companies to work for no longer are dominated by the Goldmans, Mckinseys, and Bains of the world.
Career Advice: If You Fake It, You Will Probably Not Make It Read More »
Build your brand and eat like a king forever. Ignore your brand and starve like a mendicant waiting for scraps. This post is about how to build a stronger brand for your business, your blog, your podcast, or your career. A brand cannot be developed over night. It must be carefully nurtured. Along the way, your brand
How To Build A Stronger Brand For Your Business, Blog, Or Career Read More »
