After a three-year COVID pause, student loan interest resumed starting on Sept. 1, 2023, and payments started in October,” according to the Department Of Education. Given the pandemic was officially declared over on May 11, 2023, it makes sense that student loan debt should start to be paid back. But of course, not everyone agrees. Some […]
Entitlement Mentality Is A Sneaky Wealth Destroyer Read More »
In one of my recent newsletters, I supposedly wrote something absurd. It didn’t occur to me I was being absurd until a reader called me out. Read for yourself the introduction before I got into stocks, the economy, and more. Happy Father’s Day to those of you who are fathers and still have fathers. And
Having Absurd Dreams Are OK Because Sometimes They Come True Read More »
One of the fun things about giving up on retirement is preparing for upcoming job interviews. I probably gave over 300 interviews myself when I was working in banking from 1999 – 2012. One of my favorite interview questions is asking candidates about a blind spot of theirs they eventually realized and how? The question’s
Blind Spots For Fathers Who Think They Are Doing A Great Job Read More »
For those who follow golf, there was a blockbuster announcement that the PGA Tour would merge with the LIV Golf League. Nobody expected the PGA Tour to merge with LIV because the PGA Tour had been adamant in its disdain for the Saudi Arabia-backed league. The LIV Golf League offered obscene amounts of money to
My Regret Of Not Taking The Money Due To Company Loyalty Read More »
The Supreme Court decided to strike down affirmative action in college admissions on June 29, 2023. Let me share an Asian-American’s view on affirmative action. Despite only accounting for ~7% of the U.S. population, Asians are not viewed as a minority worth helping in gaining college admissions. This is perplexing given many Asian Americans face
An Asian-American’s View On Affirmative Action In College Admissions Read More »
As a landlord who did a post-mortem pandemic review, I’ve come to realize renters also won big once the lockdowns began. I’m not talking about the renters who decided to stop paying rent even though they continued to be gainfully employed. Many mom-and-pop landlords got hurt by these non-paying renters since the landlord’s expenses still
Why Renters Also Won Big During The Pandemic: Higher Utilization Rates Read More »
So you’re thinking about buying a vacation property. I’ve owned a vacation property since 2007 and don’t recommend doing so. However, let me introduce a vacation property buying rule to follow so you don’t get in financial trouble. The vacation property buying rule to follow is to buy a vacation property for lifestyle first, income
A Vacation Property Buying Rule To Follow: Lifestyle First, Income Second Read More »
Every landlord wants to increase rent to at least keep up with inflation. However, regularly increasing rent is hard to do. Let me show you how you can increase rent with minimum tension. Recently, I received a surprise automatic rental increase from my newest tenants in the amount of $200. They pay electronically on the
The Easiest Way Landlords Can Automatically Increase Rent (With Minimum Tension) Read More »
On August 1, 2020, I took out a 7/1 adjustable rate mortgage (ARM) at 2.125%. I could have gotten a 30-year fixed-rate mortgage for 2.75%. However, I wanted to save 0.625% in interest. Years later, mortgage rates zoomed higher thanks to the pandemic, massive stimulus spending, a war in Ukraine, a war in Israel, trade
No Regrets Getting An ARM Despite Higher Mortgage Rates Read More »
Are you looking for a 401(k) savings guide? This post will go through how much I think you should have in your 401(k) by age in order to have a comfortable retirement in your 60s and beyond. My goal is for all of you to become 401(k) millionaires before your retire. I’ve been retired /
How Much Should I Have Saved In My 401(k) By Age? Read More »
