For the longest time, I’ve been a proponent of the adjustable rate mortgage (ARM). Paying a higher rate for a longer duration than necessary doesn’t make economic sense. However, when the average 30-year fixed mortgage was under 3% in 2021, I no longer was as biased against 30-year fixed-rate mortgages. A sub-3% average 30-year fixed […]
Average 30-Year Fixed Mortgage Rate At Record Low: Who Is Buying? Read More »
The cheapest way to invest in real estate is through my spray and pray methodology. Since time is more valuable than money, the spray and pray method will save you a lot of time. It will also increase your chances of finding a willing seller at a great price. When it comes to real estate,
The Cheapest Way To Invest In Real Estate: Spray And Pray Read More »
I’ve written extensively about how to get laid off in order to get a severance package and ultimately live a more purposeful life. While learning how to get laid off is a fantastic way to learn how to never get laid off, in this post I’d like to share some direct advice on how to get paid
How To Get Paid And Promoted Faster: Is Your Nose Brown Enough To Get Ahead? Read More »
Anybody who is currently trying to build multiple income streams knows that it’s hard work to maintain them all. Whether the reason is due to a low interest rate environment, mental fatigue, or a tremendous amount of extra hustle during undesirable hours, when it comes to creating your own safety net, patience is a virtue.
How To Better Maintain And Grow Your Multiple Income Streams Read More »
A self-employed 401(k) plan is a great way to save for retirement if you are an entrepreneur or solopreneur. A self-employed 401k plan is also know as a Solo 401(k) plan. This article will discuss how much you can contribute to your self-employed 401(k) plan. For 2025, the IRS says you can contribution up to
How Much Can I Contribute To My Self-Employed 401k Plan? Read More »
For those of you without cushy pensions, I’m sorry folks. The 4 percent rule is outdated. The rule was popularized in the 1990s. It is now unwise to follow the 4 percent rule as a proper safe withdrawal rate in retirement, especially if you are part of the FIRE movement. Instead, I highly recommend lowering
The Proper Safe Withdrawal Rate: 4 Percent Rule Is Outdated Read More »
Speed racer is in the house! I got a speeding ticket for going 35 mph in a 25 mph zone the other day and I’m pretty ticked. This post will discuss whether I should go to court and fight my speeding ticket. It should help you decide whether you should go to court and fight
Should I Go To Court And Fight My Speeding Ticket? Read More »
Getting life insurance during a pandemic is a good idea. One of the main reasons why the pandemic has been so hard on so many is due to the uncertainty. When you combine economic uncertainty with health and life uncertainty, your mental health can really suffer. If you have debt and/or dependents, getting life insurance
Getting Life Insurance During A Pandemic (COVID-19, Coronavirus) Read More »
The median net worth for the middle class hasn’t changed for decades. Conversely, the median net worth for the top one percent has performed extraordinarily well during the same time period. The main reason is because the mass affluent and top 1% regularly invest in stocks, real estate, and other risk assets that tend to
The Median Net Worth For The Middle Class, Mass Affluent And Top 1% Read More »
Financial opportunity can sometimes be hard to recognize. There was tremendous financial opportunity during the March 2020 stock market sell-off. However, unless you read the post: How To Predict A Stock Market Bottom Like Nostradamus, perhaps you missed the buying opportunity. Here is a story of how one couple missed out on $24,000 of financial
How To Recognize Financial Opportunity: It Doesn’t Come Around Often Read More »
