Ever wonder how long does it take to become a millionaire? The answer depends based on your education, income, effort, career, and luck. In my case, it took a little over six years to become a millionaire after college because I landed a good job in finance and saved over 50% of my after-tax income. […]
How Long Does It Take To Become A Millionaire? Read More »
During market panics, debtors and investors win, while savors lose. Let me explain. I’m feeling a little sadistic right now. A large part of me is hoping the equity markets take a big dump again before the end of summer. Bring on the pain baby! I thought I was absolutely done with refinancing my primary
During Market Panics Debtors And Investors Win While Savers Lose Read More »
Finding love gets harder the older you get. Our looks fade. Our patience wears thin. And eligible people are generally taken. Finding love is a race against time. Don’t think your beauty will last forever, because it won’t. Don’t think your ideal someone will always be out there because he or she will be locked
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There’s only been one bank that has consistently treated me like cow poop all these years and that’s Bank of America. When I saw its shares dip to $6.5 (-45% YTD) during our S&P downgrade meltdown, I couldn’t help but wonder whether it was just karma striking back. Granted, Bank of America has some wonderful people working
Why Do You Treat Me So Badly Bank Of America? Read More »
The S&P Credit Agency now ranks right up there as the most hated company in the world. And Deven Sharma, President of the S&P should probably go into hiding. President Obama is breathing a huge sigh of relief because the public will no longer only associate the market meltdown with his lack of leadership. History
The S&P And Deven Sharma Wants To Destroy Your Wealth And Future Read More »
If you’re worried about the state of the markets, don’t panic. The economy will be just fine. It’s important to use times of uncertainty to preserve capital and not do anything rash. As the markets were melting down this past week I decided to go watch the World Champion San Francisco Giants beat up the
The Economy Will Be Just Fine: 40,000 People Can’t Be Wrong! Read More »
The debt relief industry doesn’t really have the greatest reputation for some reason or another. Perhaps the reason is because we secretly harbor resentment for people who get in way over their heads and look for solutions other than paying off their debt! When you can solve your debt situation yourself by begging, pleading, calling your
Understanding The Debt Relief Industry Read More »
We’ve all been Socialists once and we will likely all be Socialists again. Socialism is an ideology focused on helping the masses. And after a global pandemic where millions have been hurt through no fault of their own, Socialism could rise again in popularity again. When we were growing up, we had to depend on our
Socialism As A Means To A Brighter Future Read More »
Before spending big bucks on a car, always get a second opinion. Spending big bucks on a car is one of the biggest sins in personal finance. Make no mistake about it. A car is a money-losing purchase. Spending Big Bucks On A Car As you may know, my 11 year old car is dying
Always Get A Second Opinion Before Spending Big Bucks On A Car Read More »
The debt ceiling debate hurt us in 2011. Let’s have a revisit. So you’re giving back gains in the stock market and having a difficult time finding a job thanks to the threat of higher taxes and a government default. Meanwhile, you’re losing purchasing power as the US dollar goes to zero, while your savings
Debt Ceiling Debacle’s Bright Side: Standing Up For What You Believe In Read More »
