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 and the NAR settlement, it still costs a lot to sell a house today. When you add on commissions, taxes, and fees, it can easily cost anywhere from 6% – 7% of the value of a home to sell
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 »
We’ve taken a look at all the closing costs you must pay when you buy a home with all cash. The main goal of that post was to not leave cash buyers broadsided by unanticipated costs when making an aggressive offer. Let’s look at the mortgage closing costs when buying a property. Given most real
Mortgage Closing Costs When Buying A Property Read More »
Are you wondering whether to sell or continue renting out your home? I had this same dilemma of sell or rent out my home back in 2016. In the end, I decided to keep my rental property to build more passive income. Things are strange now with many people buying a home during the coronavirus
Sell Or Rent Out My Home? Depends On Your Passive Income Goals Read More »
Preparing for death is something we all should do. The following guest post about preparing for death is by Chris Sipola, a reader I met while we were stuck in Frankfurt after our plane back to San Francisco broke down. We drowned our sorrows over free drinks at an airport hotel courtesy of United. At
Preparing For Death: A Checklist For The Inevitable Read More »
As an Asian American with children, I’m often wondering why are Asians ignored by the media, research institutions, and politicians? Asians make up roughly 7% of the American population in 2024 and earn the highest income among all races. Instead of ignoring Asians, the media, research institutes, and politicians should focus more on Asians. Asians,
Why Are Asians Ignored By The Media, Research Institutes, And Politicians? Read More »
