In The United States, an accredited investor is someone who has a net worth of at least one million dollars, excluding the value of their primary residence, or has income of at least $200,000 a year for the last two years or $300,000 together with a spouse, with the expectation to make at least as […]
Is The Definition Of Accredited Investor Fair? Read More »
If you were to guess what the average new car price is nowadays, what would you guess? I guessed $28,000, since my Honda Fit is sweet for an economy car and only costs $19,600 new. Given I’m frugal, leaving a 40% upside pricing buffer seemed logical. Too bad I was way off! According to Cars.com, the
The Average New Car Price Is Unbelievably High Read More »
Have a teenager? Get an umbrella insurance policy asap if you don’t want the risk your teenager bankrupting you. Yes, you love them, but they can put your finances at risk due to all the trouble they get into. Even though my kids are young, I’m not waiting for their teenage years to get insured.
Get An Umbrella Insurance Policy – Your Teenager Is Going To Bankrupt You Read More »
Following the easiest real estate investing strategy will make you a wealthy person over time. As a real estate investor since 2003, I want to now share this real estate investing strategy with you. Ever since selling an SF rental property in 2017, I’ve been a happier man. Not having to deal with disrespectful tenants
The Easiest Real Estate Investing Strategy To Build Wealth Read More »
Are you wondering whether you can collect unemployment insurance if you have passive income? The quick answer is YES. Collecting unemployment insurance (unemployment benefits) is completely separate from how much you make in passive investment income. By definition, passive income is not earned income. It’s income generated by existing investments. The government isn’t going to
Can I Collect Unemployment Insurance If I Have Passive Income? Read More »
You’ve got your undergraduate degree and now you’re debating if you should go to graduate school. I’ve been in your shoes. I too wondered should I go to grad school? It’s a big commitment. Tuition can get quite expensive, especially if you quit working full-time to go to graduate school. However, earning a graduate degree
Should I Go To Grad School? Get Rich Or Die Trying! Read More »
After working for 10 consecutive years post college, I no longer wanted to be rich. Instead, I wanted to be free and went John Galt in an attempt to unplug from the Matrix. It took three more years of planning but I finally managed to escape, or so I hope. There’s just one nagging feeling
The cost of a funeral has risen from just $983 in 1971 to over $9,500 today. Unfortunately, the cost to die is expensive folks! Meanwhile, as a result of the rise in funeral costs, cremation rates have SOARED from just just 6% to nearly 50% in the same time period. Cremations “only” cost $5,150 a
Damn, It Costs A Lot To Die! Cremation vs. Burial Costs Read More »
The first thing I did when I got home after receiving a speeding ticket was call my car insurance company to find out how much my car insurance premiums would go up. Interestingly, they couldn’t give me a straight answer. If I get convicted and don’t go to traffic school, I will receive one point
How Much Does My Car Insurance Go Up If I Get A Traffic Ticket? Read More »
Did you know that you can make a lot more by working overseas and save a significant amount in taxes at the same time? Now that you know, why not work overseas? The US tax system is not the most lenient by any means. American tax payers shell out effectively almost 50% of their incomes to
Why Not Work Overseas, Make More And Pay Less Taxes! Read More »
