Building wealth has become second nature to me. It’s what happens when you write more than 1,300 personal finance articles over seven years. Not only does writing help you get smart about the topics you write about, many of the articles themselves are moneymakers thanks to the internet! Of course, everything may go to hell once […]
Track Everything! We’re Eating And Spending WAY Too Much Read More »
I have a feeling Millennials will be the richest and happiest generation ever. Due to a massive generational wealth transfer, one survey found Millennials don’t really care about money as a result! I’d be happy too if I didn’t have to grind for 13 years in investment banking to be able to buy a house
Millennials Will Be The Richest And Happiest Generation Ever Read More »
If you want to know how to get rich, you must practice predicting the future. The better you get at predicting the future, the more money-making actions you can take. Do you remember the scene in Back To The Future Part II when Biff Tannen opens up a safety deposit box and reveals to Marty the
How To Get Rich: Practice Predicting The Future! Read More »
I originally wrote this post in early 2016. LIBOR has risen dramatically because the Fed has raised rates 11 times since 2022. Therefore, this post still has relevance today on actions to take in a rising LIBOR enivornment. This LIBOR has risen dramatically since the end of 2015. The catalyst was the Fed raising the
Actions To Take In A Rising LIBOR Environment Read More »
If you are an investor in private real estate crowdfunding deals, you are not supposed to discuss them publicly. As an $810,000 real estate crowdfunding investor in 17 deals across the country, I find it too bad I’m not allowed to talk about the specifics of each deal. It’s helpful to learn from the winners
Shh! Private Real Estate Crowdfunding Deals Are Not To Be Discussed Publicly Read More »
My biggest weakness is being unable to generate enough organic motivation to keep on hustling. I used to get up by 5am every weekday to work for 2-3 hours before work. Then I’d get home by 8pm and work another 1-2 hours on my side hustles. There was this massive internal drive to go all out
Embrace Your Debt To Boost Your Organic Motivation Read More »
Can someone please give us a rational argument why implementing a Flat Tax system in America is not fair? We don’t know if we can continue posting without thoroughly understanding this issue first. From a percentage basis, each person pays an equal amount of their income towards taxes, and from an absolute basis, richer people
We’re Ignorant Idiots! Please Tell Us Why A Flat Tax Is Not Fair Read More »
Whatever asset class you invest in, it’s always go to optimize the return. Even if you are just saving money in a money market account, you should optimize the return when you can. Data by the Federal Reserve Bank of St. Louis (FRED) reports the national average on non-jumbo money market accounts deposits (i.e. less
Don’t Forget To Optimize The Return On Your Savings Read More »
Do you ever feel you have to donate to your college alma mater? It seems like every quarter, you get an e-mail from your alma mater asking for money. It sometimes feels weird because some colleges have massive endowments. For example, Yale University’s endowment is more than $30 billion! Recently I was contacted by an
Donate To Your College Alma Mater Or No? How To Make A Decision Read More »
This post is dedicated to those who refuse to welch on their mortgage debt, even if they bought at the wrong time or got into a high interest rate mortgage that cannot be refinanced. I know your pain and frustration. I’ve got a confession. I’ve been reluctant to pay down my 4.25%, 30-year fixed vacation property
The Key To Paying Down A Bad Mortgage Quicker Read More »
