Concentration risk can cause an investment portfolio to underperform or be too volatile for your own liking. Concentration risk is why you need to analyze your investment portfolio at least once a year. I suggest you rebalance your portfolio twice a year because your positions can change quite drastically as a percentage of your portfolio
How To Easily Analyze Your Investment Portfolio For Concentration Risk Read More »
Are you wondering whether to finally get an electric vehicle (EV)? As a Tesla shareholder since 2018, I’m happy to report that now is a great time to get an electric vehicle! There are more charging stations and the price of electronic vehicles has come way down, especially Tesla car prices. At last, the charging
Should I Get An Electric Vehicle (EV)? The Pros And Cons Read More »
Who doesn’t like a pair of nice fitting jeans? Did you know that you can use the jeans strategy to save more for retirement and stay in better shape to boot? What the heck is the jeans strategy? Read on to learn how jeans can inspire you to save money and stay healthy. For the
Use The Jeans Strategy To Save More For Retirement And Stay In Better Shape Read More »
Zillow is broken or simply can’t be trusted to provide accurate online estimates for properties. Please don’t trust Zillow to be accurate. Instead, use Zillow as a reference point and invite real estate agents to give you a better price assessment. In January 2014 I wrote a post entitled, “Exploit Online Data To Lower Your
Either Zillow Is Broken Or We’re In A Massive Housing Bubble Read More »
When we’re born into this world, we don’t have a clue what money is. Thus, we all start out with a financial disconnect that’s due to a lack of awareness. But, over time we’re taught the value of money as well as financial awareness. But even as adults, some people still suffer from financial disconnect.
Financial Disconnect Or Financial Awareness? Read More »
It’s hard to believe that it’s been 15 years since I interviewed at Goldman Sachs in NYC. But there’s one incident from my interview time at One New York Plaza that I remember clearly above all others: my GS elevator moment. For those of you who haven’t been following the funny story on Twitter, for years, @GSElevator Gossip
My GS Elevator Moment Read More »
Earning rental profits or rental income is the key to having a valuable rental property. A lot of people are buying rental properties now for income since rates are so low post-pandemic. The value of cash flow has gone way up because it takes more capital to generate the same amount of risk-adjusted income. If
Do Landlords Have The Right To Maximize Rental Profits? Read More »
“Fake it ’til you make it” is a common saying people with little-to-no experience believe in. “Fake it ’til you make it” is a pretty dangerous way of going about things that matter. I remember when Milli Vanilli got busted for lip synching. I was so sad. They made their millions, garnered tremendous fame, and
“Fake It ‘Til You Make It” Is The Reason We’re So Screwed Read More »
Are you trying to decide if you should do your own taxes or hire a professional instead? Every year I use TurboTax software to do my own taxes and encourage others to do the same. Yet every year someone scoffs at me for spending a couple hours of my life learning, understanding, and optimizing my
Why You Should Really Do Your Own Taxes Read More »
Should a credit check be allowed or required by an employer? Perhaps. However, times are so difficult already for millions during a pandemic, legislation might outlaw such a thing. Further, after the economy collapsed in 2008-2010, it’s not uncommon for people to have lost their homes to foreclosure or short-sale. One’s credit score usually gets
Should A Credit Check Be Allowed Or Required By An Employer? Read More »
