How The Rich Invest: A Look Inside Yale Endowment’s Asset Allocation

52 Comments / Investments / By

Have you ever wondered how the rich invest? Well, look no further than seeing how the ~$41 billion Yale endowment fund invests its money. Endowments invest like many of the world’s wealthiest people and retirees. Both want income to fund their operations or lifestyles indefinitely. Both want to outperform their peers. And ultimately, both want consistently strong absolute […]

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Can Your Finances Withstand A Fed Rate Hike?

62 Comments / Debt, Investments / By

Can your finances withstand a Fed rate hike? The Fed Funds Rate (FFR) is at 0% – 0.25% to help combat the recession and global pandemic. However, now the Fed is aggressively raising rates to fight 40-year-high inflation rates. Usually, when the Fed raising rates so aggressively, risk-assets sell off. Therefore, it’s important to solidify

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The Unhealthy Desire For Prestige And Money Is Ruining Your Life

112 Comments / Career & Employment, Motivation / By

There is an unhealthy desire for prestige and money that is ruining people’s lives. At the end of all the striving, you might end up feeling empty inside. The desire for prestige and money is why we: 1) spend an outrageous sum of money on education, 2) kill ourselves at jobs we don’t like, 3) put

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Don’t Join A Startup If You Want To Get Rich: Baremetrics Case Study

38 Comments / Career & Employment, Entrepreneurship / By

When everybody seems to be getting rich but you, it’s a disconcerting feeling. However, after 22 years of living in San Francisco, the startup capital of the world, I say that if you want to get rich, don’t join a startup. Instead, invest in startups through an open venture capital fund like the Fundrise Innovation

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Is Your Risk Tolerance High Enough To Invest? Follow The Slaughter Rule

76 Comments / Investments / By

As I’ve gotten older, my risk tolerance has steadily declined. This is partially why I’ve only got ~30% of my net worth allocated to the public markets. When you accumulate enough wealth, you no longer want to have as much exposure to assets that are intangible, risky, and hard to control. There’s just too much

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Migrating To California From The Midwest Or The South For A Better Life

146 Comments / Career & Employment / By

For the past 10 years, traffic for the post, West Coast Living: Yes It Really Is Better, has been increasing. In the past, people landing on this post would come mainly from the East Coast. However, this year, I’m seeing more people coming from the Midwest and the South. Migrating to California is picking up

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