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 »
Wondering what does it cost to sell a house? A lot! Even with technology lowering commissions, it still costs a lot to sell a house. When you add on commissions, taxes, and fees, it can easily cost anywhere from 6% – 7% of the value of a home to sell a house. Despite the creation
What Does It Cost To Sell A House? A Look At The Commissions, Taxes, And Fees Read More »
The average daily percent move of the stock market has increased over time. The reason for the increase in stock market volatility is mainly due to technology and the speed in which information moves and trades are executed. In the past, information moved more slowly, thereby affecting stock prices more slowly. Today, it’s much more
Average Daily Percent Move Of The Stock Market: S&P Volatility Returns Read More »
One of the reasons why I think the housing market will stay strong for years to come is because getting a mortgage nowadays is extremely difficult. When lenders are only lending to the people with the highest credit and a minimum 20% down, it’s hard to see mass defaults in the future. Ever since the
How Difficult Is It To Get A Mortgage Nowadays? Read More »
Are you about to payoff your mortgage? Congratulations! There are some important mortgage payoff fees, documents, and procedures to know. Unfortunately, you don’t just send your final payment and that’s it. You’ve got to go through some hoops. In 2015, I finally paid off the mortgage of the very first property I bought in 2003.
Mortgage Payoff Fees And Procedures To Know Read More »
Are you wondering whether a real estate attorney is necessary to buy and sell property? I have bought and sold multiple properties since 2005 and I have never used a real estate attorney. However, in some states, a real estate attorney is mandatory. When I bought my second property in San Francisco in 2005, the
Is A Real Estate Attorney Necessary To Buy And Sell Property? Read More »
