How To Develop A Better Personality To Get Into An Elite University

51 Comments / Education, Family Finances, Relationships / By

Want to get into an elite university? Develop a better personality so you can receive a higher personality score during the admissions process. In the Supreme Court case regarding using race-conscious admissions (affirmative action) at Harvard University and UNC, we learn Harvard assigns a personality score to every applicant. By assigning a lower personality score […]

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The Golden Parachute Severance Package: Oh How Sweet It Is!

9 Comments / Career & Employment / By

As someone who wrote a book on how to negotiate a severance package, it always makes me happy to see public case studies. The latest case study is on the “golden parachutes” received by three ex-Twitter executives. A golden parachute consists of substantial benefits given to top executives if the company is taken over by

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It’s Easier To Generate More Passive Income In A Bear Market

81 Comments / Investments / By

Although going through another bear market is a bummer, the positive is we can all generate more passive income! And given we can now generate more passive income we can also get that much closer to financial freedom. As a reminder, financial freedom means having enough passive income to cover your desired living expenses. When

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Where Are All The Adult Athletes? Sports And Your Career

43 Comments / Career & Employment, Family Finances, Health & Fitness / By

For over 20 years, I’ve been a tennis club member. Player levels range from beginner to ex-professionals. Everybody gets along and rallies around a sport they enjoy, no matter their level of wealth. But I just realized something odd. And the realization wouldn’t have come had I not become a father. After three years of

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High-Yield Corporate Bond Spread: A Good Stock Market Indicator

1 Comment / Investments / By

The high-yield corporate bond spread is an important stock market indicator. The larger the spread, the greater the concern high-yield corporate bond investors have about the stock market and vice versa. The high-yield corporate bond spread is the difference between the yield of the bonds issued by riskier companies and risk-free Treasury yields. The spread

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Achieving Financial Independence On A Modest Income: $40,000 In Manhattan

75 Comments / Retirement / By

There are some people who think that achieving financial independence before 60 is only for people with high incomes. I strongly disagree. You can still achieve financial independence sooner on a modest income. A modest income is defined as +/- 25% of the median household income in America, which is roughly $80,000. In other words,

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