Given our primary residence is likely one of our largest assets, buying responsibly is prudent. At the same time, living a better lifestyle by owning a nicer home as we get wealthier is also something many people desire. Therefore, let’s try and figure out what our appropriate primary residence value should be as a percentage […]
Primary Residence Value As A Percentage Of Net Worth Guide Read More »
When you’re working, one of the most common questions to ask new people you meet is what they do. Before the Global Financial Crisis in 2008, I happily said I worked in banking. A big part of my identity was where I worked for 60+ hours a week. After leaving finance in 2012, I noticed
Ask People What They Do, They Might Surprise You Read More »
Liquid courage is sometimes needed to talk to a person you fancy. The more alcohol you drink, the more your inhibitions tend to go away. In the finance world, liquid courage is also what’s needed to make risky investments or investments during risky times. The more cash you have, the more liquid you are and
Liquid Courage: The Biggest Benefit Of Cash Read More »
Today’s guest post is from Jim at Route To Retire, an early retiree. His family of three decided to leverage international geoarbitrage to start a brand new life in Panama. Jim is living a life that I eventually want to try once both our kids are old enough to remember their adventures (5+). If you’ve
Leverage International Geoarbitrage To Live A Better Life For Less Read More »
Although there is a growing apathy towards work given some people’s investment returns are beating their work income, the best time to work might be during or right after a pandemic. The way millions now work is much more flexible, which is much better. One of the biggest things I disliked about work was having
The Best Time To Work May Be During Or After A Pandemic Read More »
And just like that, my two-month sabbatical is over. Did you miss me? Of course not! I continued to publish three posts a week and send out one newsletter a week like an addict. There was only a one-week period where I felt like I truly took things down a notch. Our family went up
A Pathetic Sabbatical: Workaholism Is Difficult To Overcome Read More »
The Tax Policy Center recently calculated most working Americans didn’t pay federal income taxes in 2020. According to the chart below, supposedly 106.8 million out of 176.2 million total income tax filers did not pay federal income taxes. That amounts to 60.6 percentage of Americans don’t pay federal income tax! Given there are roughly 332
Most Working Americans Don’t Pay Federal Income Taxes – A Problem? Read More »
They say money can’t buy happiness. But what if having money can make you less stressed, less jealous, less combative, less anxious, and more joyful? Then surely having more money can at least make you nicer right? I think so. My first realization with this correlation between niceness and wealth occurred at the end of
If You Want To Be Nicer, Get Richer: A Surprise Apology Letter Read More »
You may not know this, but I create original artworks with the interior paint I use for each house I’ve bought since 2003. Not only is art fun, but maybe one day, these original pieces will sell for megabucks! So when Masterworks approached me to do a sponsored post about investing in fine art, I
Masterworks Review: A Way To Invest In Fine Art Read More »
I worry for renters trying to buy property and our children who have little or no earnings power. The U.S. housing market might eventually get as hot as the Canadian housing market. If so, U.S. housing prices easily see at least 30% – 50% upside. After all, the median home price in Canada is about
If The U.S. Housing Market Gets As Hot As The Canadian Housing Market Read More »
