As an investor, you need to adopt a Yin Yang Investor Mindset. In other words, always recognize that whenever one asset class is booming, another asset class may be suffering. If you feel like you missed the boat with one investment, just know there’s another boat somewhere in the world waiting. My investment mindset as a retiree […]
Adopt A Yin Yang Investor Mindset To Grow Your Wealth Read More »
Student loan debt is at a record high at about $1.8 trillion. In a January 2023 report, the analysis showed that the average debt per borrower was over $37,000 for federal student loans and nearly $55,000 for private loans. But is it really a big deal when incomes are at record highs and the unemployment rate
Average Student Loan Debt Is At A Record High – Where’s The Crisis? Read More »
Now that President Obama has won, I’d like for us to have a mature discussion on the investment and economic outlook for the next four years. Let’s also touch upon how we should act in public now that big government is here to stay. In order to create wealth, we must make reasonable assumptions about the future
Investment And Economic Outlook Post President Obama Victory Read More »
Building wealth has become second nature to me. It’s what happens when you write more than 1,300 personal finance articles over seven years. Not only does writing help you get smart about the topics you write about, many of the articles themselves are moneymakers thanks to the internet! Of course, everything may go to hell once
Track Everything! We’re Eating And Spending WAY Too Much Read More »
I have a feeling Millennials will be the richest and happiest generation ever. Due to a massive generational wealth transfer, one survey found Millennials don’t really care about money as a result! I’d be happy too if I didn’t have to grind for 13 years in investment banking to be able to buy a house
Millennials Will Be The Richest And Happiest Generation Ever Read More »
I originally wrote this post in early 2016. LIBOR has risen dramatically because the Fed has raised rates 11 times since 2022. Therefore, this post still has relevance today on actions to take in a rising LIBOR enivornment. This LIBOR has risen dramatically since the end of 2015. The catalyst was the Fed raising the
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My biggest weakness is being unable to generate enough organic motivation to keep on hustling. I used to get up by 5am every weekday to work for 2-3 hours before work. Then I’d get home by 8pm and work another 1-2 hours on my side hustles. There was this massive internal drive to go all out
Embrace Your Debt To Boost Your Organic Motivation Read More »
Can someone please give us a rational argument why implementing a Flat Tax system in America is not fair? We don’t know if we can continue posting without thoroughly understanding this issue first. From a percentage basis, each person pays an equal amount of their income towards taxes, and from an absolute basis, richer people
We’re Ignorant Idiots! Please Tell Us Why A Flat Tax Is Not Fair Read More »
Whatever asset class you invest in, it’s always go to optimize the return. Even if you are just saving money in a money market account, you should optimize the return when you can. Data by the Federal Reserve Bank of St. Louis (FRED) reports the national average on non-jumbo money market accounts deposits (i.e. less
Don’t Forget To Optimize The Return On Your Savings Read More »
Do you ever feel you have to donate to your college alma mater? It seems like every quarter, you get an e-mail from your alma mater asking for money. It sometimes feels weird because some colleges have massive endowments. For example, Yale University’s endowment is more than $30 billion! Recently I was contacted by an
Donate To Your College Alma Mater Or No? How To Make A Decision Read More »
